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By the by ...is Litecoin working on anything but the usual (1) keeping up with the bitcoin core updates or (2) mimblewimble?
I mean they kinda have to be having some kind of side projects on there own unrelated to the above on the drawing board right?
I mean most coins have more than a couple avenues of development. (yeah, its LTC maybe not)
anyway, just wondering (links?) I'd like for there to be more than just above
brad
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Well. I just bought $617 usd worth of Bitcoin.
I figure it this way:
1) I have a hoard, so it better not go beanie baby tulips
2) we have approached or near-complete miner capitalization ...too many miners vs price of BTC. Also, 60% or more that are dropping off the network are Litecoin L3+'s (scrypt that
folk used to mine and convert to Bitcoin and S9's Bitmain miners.....that is a lot of miners of the same type to dump out of the network in miner capitalization at one time!... Thus price dump,
IMHO. With the above miners being at least 60% of the miner's mining at this point that is a big, big, hit. So miners hodl'ing less and selling more for usual data hall bills etc.
3) see (2) ..miners must sell to keep and pay bills on data hall electric or whatever and adds to the price dump. Also used to be big hodl'ers for the time being not so much!
4) I see 'eventually' at least $10k BTC coming back someday so HODL mode. Thus anything I buy below 10K price is a win at these prices.
anyway, we had too many miners that ran up difficulty too high and price vs BTC adoption by the masses...that will probably take past the BTC halving to be digested...it could be we
may not see $10k till 6 months or beyond the halving (see past halving).
so I HODL, assume at least $10k will come back again, count on the halving in 2020 and just hunker down and accumulate
if I don't think that it will ever hit $10k BTC again, then a person should sell at least half if not all their BTC if they think this as good as it ever is gonna get...
so anyway, any coin I get from now on I look at it as a percentage of $10k and set it aside, no miners in my future, sell crap from the attic on ebay (attic mining) to buy BTC seems
the most senisble way I can accumulate BTC now.
5) this too shall pass
anyway, how I approach this now from my somewhat warped view on yes BTC will again get to $10k so what am I gonna do in the meantime?
later
brad
(eBay: yech...but hey cubicle work on eBay selling to get BTC works also..if you have a lot of crap to get rid of..but damn it is soooooooo boring!)
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I am in HODL and accumulation mode since 2013 for the most part.
Thus, I am ALWAYS, in FOMO mode.
I have to be, or I would have sold all my BTC when it went 10x the amount I mined it for.
All HODL'ers are in FOMO mode. Fear/Of/Missing/Out.
If we thought, with only 3 million or so BTC left to mine, in a crypto-universe of, as I like to say, 'virtual land' that is limited.
Well, you have to be FOMO, or you sure as hell would not HODL since 2013, IMHO.
or my 'odd' take on such
Brad
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The Litecoin MimbleWimble proposal is about Fungibility not PrivacyA recent article entitled “Breaking MimbleWimble’s privacy model” published by Ivan Bogatyy has been causing a stir as the author claims of a “new attack” that ‘traces 96% of all (MimbleWimble) sender and recipient addresses in real time’. The attack costs $60/week of AWS (Amazon Web Services) something that leads Bogatyy to conculde that: https://litecoin.com/en/news/the-litecoin-mimblewimble-proposal-is-about-fungibility-not-privacy Sorry, fungibility means you can't track say USD bills without knowing the serial number and amount on each bill....by hand this is a .. big pain in the ass... as far as I can tell the mimblewimble problem you could use computer/math/processing TO track the supposed mimblewimble coins thus eliminating fungibility... something you could not do with the fungibility of cash...scanning each serial number. Indeed, the problem with mimblewimble is you could track crypto in the same manner as bitcoin. Thus I don't get the Fungibility argrument..you need privacy for fungaiblity to work..or at least like the case of cash...very difficult to just pull individual serial numbers or whatever out of the sky to track the currency if it is plain cash. If mimblewimble is broken, IMHO, it is no different than Bitcoin and other Altcoins for having NO real Fungibility. Thus neither BTC or any mimblewimble coin has any fungibility. Thus right back where we started with the fungibility problem with Bitcoin and other Altcoins. |
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I recently listed Fujicoin on two emerging exchanges. However, since there are few investors participating, it is unlikely to contribute to improving Fujicoin's value. I think Fujicoin's big investors, especially miners, want to improve Fujicoin's value. In addition, mining tends to be unstable at the current value, which is undesirable for the Fujicoin network. To improve the value of Fujicoin, it is necessary to be listed on a major exchange. And that requires investment. So I would like to have a meeting with big investors and big miners on joint investments. Big investors and big miners should join Discord Fujicoin and give me a DM. Then I will guide you to the private meeting room. Let's have a positive discussion.  Discord Fujicoin: https://discord.gg/rXeBn99FJC has no real use now, not with 100 million FJC for sale on exchanges and no buys. It has not changed since 2014. The only reason it did anything speculative price-wise was that after Garlicoin changed protocol, FJC was the only Scrypt-N coin left. Thus KNC Titan ASIC scrypt miners, being the only ASIC's that I know of, left that could mine scrypt-n coins after being unprofitable doing regular scrypt, pumped FJC use and price. But the Dev/OP provided NO improvement, besides promoting exchanges and the KNC Titan folks had nothing to lose and got to use their knc titans for heat last winter (what I did, dumping FJC along the way for free heat). Anyway, no real improvements to the protocol of the coin, KNC Titans could not make any money to pay electric (no heat out of puppies winter done) thus FJC died after the KNC Titan's 'brief' rebirth of FJC. No other Scrypt-N coins left in the world worth mining. The Dev/Op 'might' have had some luck moving this whole works to become a POS coin with nodes or some other protocol change or add some other hooks to the FJC protocol, but IMHO, we are long past fixing this coin. Just the way it is. Even if other exchanges do come into play, big whoop, there is 100 million FJC that have to be sold on exchanges before any of my coin would be sold at this point in time. Sorry, FJC is a dead coin as it exists now, just the way it is, IMHO. The protocol is 2014 fixed. The only upgrades are Bitcoin Core. KNC Titans (4 cubes) costs me about $90 a month to mine. Can't sell the coin to justify mining FJC. A deader coin I've never seen. I would bet within the next 3-4 months, on the 2x yearly Yobit purge, FJC will be removed from Yobit and other exchanges. Even with a pump, no one is gonna buy FJC after MONTHS of no sales, people are not complete idiots when they look for hidden coin value. Sorry, but some 'reality' of the situation is required here. This coin is dead. Brad It's your freedom to think Fujicoin is dead. If so, why do you come to see Fujicoin thread? Because I have 10 million FJC with more than 100 million FJC on Yobit alone for sale all ahead of any coin I'd want to sell....but wait...makes no difference NO buys anyway ...with no real buys for weeks and weeks....thus why do you promote a coin that uses a now-defunct scrypt-N at $90 loss in electricity on a 4 cube KNC titan per month and $0 return for the FJC mined? AND that can't support the network. Its deader than dead. You want to sway my view DO SOMETHING since 2014 you've only been following the bitcoin core updates...dump scrypt-n it is is also a dead protocol ...make it a pos coin add some features...I just find it interesting that the only thing you do promote is NEW exchanges and 'hopeful' buys by newbies on the next pump. Seems that is just confirming it is a dump and pump coin...but it can't even work at that level. So yeah, go figure why I'm pointing these things out on this thread Reality sucks! Deal with it! brad I was the first to predict that scrypt-N will fail in the future. So Fujicoin has adopted scrypt-N11 from the beginning. Vertcoin, the original scrypt-N, noticed this and abandoned it. After that, other coins that adopted scrypt-N followed vertcoin. However, Fujicoin uses scrypt-N11 so there is no need to follow it. There is nothing wrong with scrypt-N11 itself. So Fujicoin has no plans to change this in the future. To repeat the previous story, currency is inherently simple. Money is better if it's useless, like gold or shells, for example. This is a historical fact. Isn't the banknote you are using useful for anything other than currency? So Bitcoin is the best currency among crypto currencies. This is the basic idea of Fujicoin. It is no use no matter how much you stick. Instead, how about you participating in joint investments? you can have a great technical product but if no one uses it nor buys the coin, how can you justify from all the other coins? scrypt-n11 still, as far as I know, is only able to be used on a KNC Titan ASIC miner, that does not pay to run now (again, no sales) at the very least going back to GPU's at this late date with the difficulty the KNC Titan's ran up is dubious. The old saying, what have you done for me lately? Even Litecoin, seeing that they are lagging, are at least taking a chance on Mimblewimble....to get themselves different from the pack. That is where we differ, you think sittting on 2014 protocol and bitcoin core updates that FJC is gonna come back, I can name hundreds of defunct coins with some or the same or better features then FJC that is now completely defunct now. So the question is what makes FJC different as a BTC clone coin. IMHO, not much. The proof is in the fact you have 100 million FJC for sale on Yobit and no buys. So, IMHO, FJC has to 'innovate' in some manner or die on the vine, if it has not done so already, myself I'd look for another coin dev/op with similar problems and merge coin efforts to a new coin and/or something. Just for the help and the novelty to jump-start FJC. Right now the coin is completely static on use and price and deader than dean for mining...thus you need something new or innovative to jump-start FJC before it is purged off yobit and other exchange platforms. Sorry, but you are not competing with other BTC/Crypto coins in the altcoin universe in any real manner. Again, I can name hundreds of BTC clone coins like FJC that are based on Bitcoin, some of them are forked coins. FJC just is lost in the pack at this time and it may be too far gone to save, vs the other Bitcoin clone coins out there. Just how it is, sorry to say. brad It seems that you and I have different timelines when thinking about things. I am thinking from a long-term perspective such as 10 or 20 years. Even if we implement the novel technology you have proposed in Fujicoin, the duration of the effect is not long. The essence of currency is credit. Establishing trust takes a lot of time. So Fujicoin has to wait for time and become a legend. It's just that. You just have to wait silently with your Fujicoin. Well...your biggest problem with the above statement is the KNC Titans as ASIC's ran difficulty up to such an extent...that you probably can't justify using them for Scrypt-N anymore for the long term network. Also, again, I can name dozens and dozens of Bitcoin clones that have the same viewpoint of the future without any further innovations that say 'they' are gonna make it big time. So yep, we disagree a 2014 coin with only bitcoin core upgrades like all the above coins, hundreds of them, with the same viewpoint...well.... let's just say your long term odds are slim at best. So let's see, network with ASIC's way too high to make any sense to go back to GPU mining, there will likely never be another ASIC scrypt-N miner worth running FJC on. Also no innovation. Indeed even if all you say is true, all it would take would be ONE clone of FJC and going as a pos coin and/or some other protocol that would run on ASIC's beside the now 'unrunnable' KNC Titans at a 100% loss per month, at any cost payback vs electricity..the KNC Titans and all your supposed efforts would be toast anyway. Nope too much dreaming, reality with use/price and a viable network seem to differ from your long term view IMHO. later Brad |
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I recently listed Fujicoin on two emerging exchanges. However, since there are few investors participating, it is unlikely to contribute to improving Fujicoin's value. I think Fujicoin's big investors, especially miners, want to improve Fujicoin's value. In addition, mining tends to be unstable at the current value, which is undesirable for the Fujicoin network. To improve the value of Fujicoin, it is necessary to be listed on a major exchange. And that requires investment. So I would like to have a meeting with big investors and big miners on joint investments. Big investors and big miners should join Discord Fujicoin and give me a DM. Then I will guide you to the private meeting room. Let's have a positive discussion. Discord Fujicoin: https://discord.gg/rXeBn99FJC has no real use now, not with 100 million FJC for sale on exchanges and no buys. It has not changed since 2014. The only reason it did anything speculative price-wise was that after Garlicoin changed protocol, FJC was the only Scrypt-N coin left. Thus KNC Titan ASIC scrypt miners, being the only ASIC's that I know of, left that could mine scrypt-n coins after being unprofitable doing regular scrypt, pumped FJC use and price. But the Dev/OP provided NO improvement, besides promoting exchanges and the KNC Titan folks had nothing to lose and got to use their knc titans for heat last winter (what I did, dumping FJC along the way for free heat). Anyway, no real improvements to the protocol of the coin, KNC Titans could not make any money to pay electric (no heat out of puppies winter done) thus FJC died after the KNC Titan's 'brief' rebirth of FJC. No other Scrypt-N coins left in the world worth mining. The Dev/Op 'might' have had some luck moving this whole works to become a POS coin with nodes or some other protocol change or add some other hooks to the FJC protocol, but IMHO, we are long past fixing this coin. Just the way it is. Even if other exchanges do come into play, big whoop, there is 100 million FJC that have to be sold on exchanges before any of my coin would be sold at this point in time. Sorry, FJC is a dead coin as it exists now, just the way it is, IMHO. The protocol is 2014 fixed. The only upgrades are Bitcoin Core. KNC Titans (4 cubes) costs me about $90 a month to mine. Can't sell the coin to justify mining FJC. A deader coin I've never seen. I would bet within the next 3-4 months, on the 2x yearly Yobit purge, FJC will be removed from Yobit and other exchanges. Even with a pump, no one is gonna buy FJC after MONTHS of no sales, people are not complete idiots when they look for hidden coin value. Sorry, but some 'reality' of the situation is required here. This coin is dead. Brad It's your freedom to think Fujicoin is dead. If so, why do you come to see Fujicoin thread? Because I have 10 million FJC with more than 100 million FJC on Yobit alone for sale all ahead of any coin I'd want to sell....but wait...makes no difference NO buys anyway ...with no real buys for weeks and weeks....thus why do you promote a coin that uses a now-defunct scrypt-N at $90 loss in electricity on a 4 cube KNC titan per month and $0 return for the FJC mined? AND that can't support the network. Its deader than dead. You want to sway my view DO SOMETHING since 2014 you've only been following the bitcoin core updates...dump scrypt-n it is is also a dead protocol ...make it a pos coin add some features...I just find it interesting that the only thing you do promote is NEW exchanges and 'hopeful' buys by newbies on the next pump. Seems that is just confirming it is a dump and pump coin...but it can't even work at that level. So yeah, go figure why I'm pointing these things out on this thread Reality sucks! Deal with it! brad I was the first to predict that scrypt-N will fail in the future. So Fujicoin has adopted scrypt-N11 from the beginning. Vertcoin, the original scrypt-N, noticed this and abandoned it. After that, other coins that adopted scrypt-N followed vertcoin. However, Fujicoin uses scrypt-N11 so there is no need to follow it. There is nothing wrong with scrypt-N11 itself. So Fujicoin has no plans to change this in the future. To repeat the previous story, currency is inherently simple. Money is better if it's useless, like gold or shells, for example. This is a historical fact. Isn't the banknote you are using useful for anything other than currency? So Bitcoin is the best currency among crypto currencies. This is the basic idea of Fujicoin. It is no use no matter how much you stick. Instead, how about you participating in joint investments? you can have a great technical product but if no one uses it nor buys the coin, how can you justify from all the other coins? scrypt-n11 still, as far as I know, is only able to be used on a KNC Titan ASIC miner, that does not pay to run now (again, no sales) at the very least going back to GPU's at this late date with the difficulty the KNC Titan's ran up is dubious. The old saying, what have you done for me lately? Even Litecoin, seeing that they are lagging, are at least taking a chance on Mimblewimble....to get themselves different from the pack. That is where we differ, you think sittting on 2014 protocol and bitcoin core updates that FJC is gonna come back, I can name hundreds of defunct coins with some or the same or better features then FJC that is now completely defunct now. So the question is what makes FJC different as a BTC clone coin. IMHO, not much. The proof is in the fact you have 100 million FJC for sale on Yobit and no buys. So, IMHO, FJC has to 'innovate' in some manner or die on the vine, if it has not done so already, myself I'd look for another coin dev/op with similar problems and merge coin efforts to a new coin and/or something. Just for the help and the novelty to jump-start FJC. Right now the coin is completely static on use and price and deader than dean for mining...thus you need something new or innovative to jump-start FJC before it is purged off yobit and other exchange platforms. Sorry, but you are not competing with other BTC/Crypto coins in the altcoin universe in any real manner. Again, I can name hundreds of BTC clone coins like FJC that are based on Bitcoin, some of them are forked coins. FJC just is lost in the pack at this time and it may be too far gone to save, vs the other Bitcoin clone coins out there. Just how it is, sorry to say. brad |
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I recently listed Fujicoin on two emerging exchanges. However, since there are few investors participating, it is unlikely to contribute to improving Fujicoin's value. I think Fujicoin's big investors, especially miners, want to improve Fujicoin's value. In addition, mining tends to be unstable at the current value, which is undesirable for the Fujicoin network. To improve the value of Fujicoin, it is necessary to be listed on a major exchange. And that requires investment. So I would like to have a meeting with big investors and big miners on joint investments. Big investors and big miners should join Discord Fujicoin and give me a DM. Then I will guide you to the private meeting room. Let's have a positive discussion. Discord Fujicoin: https://discord.gg/rXeBn99FJC has no real use now, not with 100 million FJC for sale on exchanges and no buys. It has not changed since 2014. The only reason it did anything speculative price-wise was that after Garlicoin changed protocol, FJC was the only Scrypt-N coin left. Thus KNC Titan ASIC scrypt miners, being the only ASIC's that I know of, left that could mine scrypt-n coins after being unprofitable doing regular scrypt, pumped FJC use and price. But the Dev/OP provided NO improvement, besides promoting exchanges and the KNC Titan folks had nothing to lose and got to use their knc titans for heat last winter (what I did, dumping FJC along the way for free heat). Anyway, no real improvements to the protocol of the coin, KNC Titans could not make any money to pay electric (no heat out of puppies winter done) thus FJC died after the KNC Titan's 'brief' rebirth of FJC. No other Scrypt-N coins left in the world worth mining. The Dev/Op 'might' have had some luck moving this whole works to become a POS coin with nodes or some other protocol change or add some other hooks to the FJC protocol, but IMHO, we are long past fixing this coin. Just the way it is. Even if other exchanges do come into play, big whoop, there is 100 million FJC that have to be sold on exchanges before any of my coin would be sold at this point in time. Sorry, FJC is a dead coin as it exists now, just the way it is, IMHO. The protocol is 2014 fixed. The only upgrades are Bitcoin Core. KNC Titans (4 cubes) costs me about $90 a month to mine. Can't sell the coin to justify mining FJC. A deader coin I've never seen. I would bet within the next 3-4 months, on the 2x yearly Yobit purge, FJC will be removed from Yobit and other exchanges. Even with a pump, no one is gonna buy FJC after MONTHS of no sales, people are not complete idiots when they look for hidden coin value. Sorry, but some 'reality' of the situation is required here. This coin is dead. Brad It's your freedom to think Fujicoin is dead. If so, why do you come to see Fujicoin thread? Because I have 10 million FJC with more than 100 million FJC on Yobit alone for sale all ahead of any coin I'd want to sell....but wait...makes no difference NO buys anyway ...with no real buys for weeks and weeks....thus why do you promote a coin that uses a now-defunct scrypt-N at $90 loss in electricity on a 4 cube KNC titan per month and $0 return for the FJC mined? AND that can't support the network. Its deader than dead. You want to sway my view DO SOMETHING since 2014 you've only been following the bitcoin core updates...dump scrypt-n it is is also a dead protocol ...make it a pos coin add some features...I just find it interesting that the only thing you do promote is NEW exchanges and 'hopeful' buys by newbies on the next pump. Seems that is just confirming it is a dump and pump coin...but it can't even work at that level. So yeah, go figure why I'm pointing these things out on this thread Reality sucks! Deal with it! brad |
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Today in Berlin an important event of the year on the ecosystem of the project takes place, more than 400 tickets have been sold, here is the full plan of the event https://lisk.io/events/lisk.js-2019LOL. I'm not gonna fly to Berlin for a 77c LISK priced coin, down from $30 some bucks or more from the All Time Hiigh. 3x the 25c ICO price I got my LISK for. The next pump in BTC price and LISK goes 'hopefully' over $1 and there is gonna be a 'firesale' of dumps IMHO. I mean really guys? I see nothing of any note but the DEV's getting paid, so they don't have to go back and work for someone in a real job, happening with this coin at all. https://coinmarketcap.com/currencies/lisk/ |
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I recently listed Fujicoin on two emerging exchanges. However, since there are few investors participating, it is unlikely to contribute to improving Fujicoin's value. I think Fujicoin's big investors, especially miners, want to improve Fujicoin's value. In addition, mining tends to be unstable at the current value, which is undesirable for the Fujicoin network. To improve the value of Fujicoin, it is necessary to be listed on a major exchange. And that requires investment. So I would like to have a meeting with big investors and big miners on joint investments. Big investors and big miners should join Discord Fujicoin and give me a DM. Then I will guide you to the private meeting room. Let's have a positive discussion. Discord Fujicoin: https://discord.gg/rXeBn99FJC has no real use now, not with 100 million FJC for sale on exchanges and no buys. It has not changed since 2014. The only reason it did anything speculative price-wise was that after Garlicoin changed protocol, FJC was the only Scrypt-N coin left. Thus KNC Titan ASIC scrypt miners, being the only ASIC's that I know of, left that could mine scrypt-n coins after being unprofitable doing regular scrypt, pumped FJC use and price. But the Dev/OP provided NO improvement, besides promoting exchanges and the KNC Titan folks had nothing to lose and got to use their knc titans for heat last winter (what I did, dumping FJC along the way for free heat). Anyway, no real improvements to the protocol of the coin, KNC Titans could not make any money to pay electric (no heat out of puppies winter done) thus FJC died after the KNC Titan's 'brief' rebirth of FJC. No other Scrypt-N coins left in the world worth mining. The Dev/Op 'might' have had some luck moving this whole works to become a POS coin with nodes or some other protocol change or add some other hooks to the FJC protocol, but IMHO, we are long past fixing this coin. Just the way it is. Even if other exchanges do come into play, big whoop, there is 100 million FJC that have to be sold on exchanges before any of my coin would be sold at this point in time. Sorry, FJC is a dead coin as it exists now, just the way it is, IMHO. The protocol is 2014 fixed. The only upgrades are Bitcoin Core. KNC Titans (4 cubes) costs me about $90 a month to mine. Can't sell the coin to justify mining FJC. A deader coin I've never seen. I would bet within the next 3-4 months, on the 2x yearly Yobit purge, FJC will be removed from Yobit and other exchanges. Even with a pump, no one is gonna buy FJC after MONTHS of no sales, people are not complete idiots when they look for hidden coin value. Sorry, but some 'reality' of the situation is required here. This coin is dead. Brad |
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OK boomer.
Is that supposed to be some cutting pejorative? I'm confused.I'm a Boomer. Boomer's don't get BTC/Cypto, but I"m an exception? So am I thus an Ok, Ok Boomer? |
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unsure....is this a paper wallet or just a memory key? look closely at the input....i spent 1/2 hour one time putting in private key to find out (through frustrated tears) it was not a 2 but a z other than that ...space maybe at the end or some other space issue? good luck brad |
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https://twitter.com/PeterSweden7/status/1195827315449696257Meet 19 year old Midia Moloudpoor from Iran.
She fled as a refugee to Sweden because her family wanted her to marry her cousin at age 15.
She is a Christian.
Her family has threatened to kill her if she returns to Iran.
Sweden has decided to DEPORT her to Iran 😡
RETWEET!
Sweden has no problem taking in returning ISIS Jihadis.
But they are deporting young girls who are being threatened with death in their home country.
INSANITY!  Someone take the poor waif in. also I gotta assume this photo is very recent, rright? I will do my christian duty and provide asylum for this poor lost soul. But only out of good religious standards. Did a google search, only the tweet shows up. Likely this is just Facebook Ad spam or some such. |
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Hoping, this too shall pass..but until then doing the below, drudgery and price not helping my enthusiasm much but trying to 'slog' along thru this whole BTC vs USD price slump. Well, I'm 'attic mining' or selling stuff I'd otherwise die with..so hell get it out of my attic and sell on eBay and use to buy BTC. That is all I can do 'if' I believe in BTC/Crypto Universe. I'm in the 'rabbit hole' so deep I'm just looking at this as an opportunity to 1) clean out the attic of stuff I'd otherwise die with an make a rec room and 2) get as much BTC dust as I can from the process. Treating BTC as virtual land that is 80% occupied/mined, for the whole USD value/rarity argument for prices. I can only hope that my view is correct and 1/2 the land being 'made' so to speak happens next year and the adoption/use/value of Bitcoin, as a result, reflects USD value at over at least frigging $12k say as a base in USD price for the future from that point. Whatever, drank the kool-aid on BTC/Crypto in 2013, its too far along for me to 'crack' on this yet. Whatever, how I am seeing this and what I'm doing to motivate myself for more BTC dust now that I'm out of ASIC mining. (doubly screwed....25% tariff and with the equipment depreciation I have for the next couple years for mining previous to 2019 *unused* no real 'logic' on the equipment depreciation I'd at least justified ASIC miner purchases in the past. No way helps with 2020 purchases, even if legit equipment. That boat won't float. Would be 50% down at the start of any income mined, kinda sorta) Anyway, I just have to assume this is a buying phase and that the BTC halving next year this will correct some of this price-wise per USD lameness on BTC and USD prices. (not that I sell any BTC from the hoard, but still as a spectator sport your BTC hoard vs USD worth it sucks) anyway my 2 satoshis' view (big whoop ...like I know zip stalling here from weekend chores on bitcointalk.org) later Brad |
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It smells like weekend pump is around the corner - fuckery included.  Lambie, dude, WTF? We are months before the halving, & $6.5k is our local bottom till then. And that's with a big IF. I would DCA your remaining fiat soon, stop fantasizing with the obvious short term downtrend (no, I'm not in denial), and focus on when raptor green dildos might occur before the halving. Just remember we are in a fucking bull run, didn't late October reassure you? Bargain boyz had their chance at the beginning of the year, and large volume is not always the epitome of manipulation.  Well, I'm 'attic mining' or selling stuff I'd otherwise die with..so hell get it out of my attic and sell on eBay and use to buy BTC. That is all I can do 'if' I believe in BTC/Crypto Universe. I'm in the 'rabbit hole' so deep I'm just looking at this as an opportunity to 1) clean out the attic of stuff I'd otherwise die with an make a rec room and 2) get as much BTC dust as I can from the process. Treating BTC as virtual land that is 80% occupied/mined, for the whole USD value/rarity argument for prices. I can only hope that my view is correct and 1/2 the land being 'made' so to speak happens next year and the adoption/use/value of Bitcoin, as a result, reflects USD value at over at least frigging $12k say as a base in USD price for the future from that point. Whatever, drank the kool-aid on BTC/Crypto in 2013, its too far along for me to 'crack' on this yet. Whatever, how I am seeing this and what I'm doing to motivate myself for more BTC dust now that I'm out of ASIC mining. (doubly screwed....25% tariff and with the equipment depreciation I have for the next couple years for mining previous to 2019 *unused* no real 'logic' on the equipment depreciation I'd at least justified ASIC miner purchases in the past. No way helps with 2020 purchases, even if legit equipment. That boat don't float. Would be 50% down at the start of any income mined, kinda sorta) Anyway, I just have to assume this is a buying phase and that the BTC halving next year this will correct some of this price-wise per usd lameness on BTC and USD prices. (not that I sell any BTC from the hoard, but still as a spectator sport your BTC hoard vs USD worth it sucks) anyway my 2 satoshis' view (big whoop ...like I know zip stalling here from weekend chores on bitcointalk) later Brad |
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so after liquidating 4 000 BCH in Sept., they´ve just liquidated the next 450 BTC at Nov. 8th again, both times to "restock their 12 months fiat reserves". Their fiat burn rate is just terrifying. Yeah, again. Right not LISK is exactly 3x the price I paid for it on the ICO back in the day at 75c a LISK. Thus I may as well HODL. On the other hand, if as all the altcoin proponents say, that altcoin prices are all related to Bitcoin Prices. The next modest pump I should probably dump the works. I mean, it seems to me that is what the LISK developers are doing so they don't have to get a Day job. It sure is acting like all the other 'dead' altcoins lately. We will see. But again, if the 'logic' above holds true, that BTC determines price, why HODL the stuff? Proportionally I suppose I could sell now with BTC low and LISK low and get the same BTC from when BTC pumps and LISK tags along anyway, so when I pull the trigger is probably moot, in relation to BTC gained, if not price. What a cluster. LISK seems to have no 'niche' anymore at all. Sad Anyway, I hope I'm wrong but not looking like it from a $30 high, back in the day for LISK. Presently, LISK looks like a classic 'dead cat bounce' to zero. later Brad |
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Easy Peasy! The 'landing' of our A.I. Alien Robotic Galactic Overlords! Yep! That would pretty much do it! (For them watching, I would make an 'excellent' minion, when the 'culling' starts for making 'human-burgers"...just saying) |
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Well, talking about the old timers.
Jesse Livermore said that once you start counting on the market to do something specific that would allow you to buy a new house, etc, like "it would go to 100K in 18 mo", it always bites you in the proverbial ass. In 2017 NOBODY expected 20K when it was still below 1K in march or april, yet it happened.
I always expect the unexpected from the corn and try to stay humble, so stories of glorious 2021 kind of get under my skin, but I understand the desire.
As a personal confession, I, like some others here (Searing), might be less interested in what happens (price wise) after 2028 or maybe even after 2024.
The next cycle is where my corn account would either succeed or fail.
At some point man can just choose to "Chill in the Caribbean", although I might prefer something more of a temperate climate after being "roasted" for the last few decades.
Just no freaking forest fires, please.
Yeah, thus why I hold. But you start getting into millions on your BTC hoard and folk are gonna sell, likely all will sell at the same time for the same reasons. I wonder if we do have a recession if we still won't see even more selling on BTC/Crypto, due to 'real-life issues' and compensating for the drop in the stock market. Indeed lower you risk on a 20% correction (recession) on the stock market and buy some stock when it floors with BTC (assuming my above is correct and also folk selling their view of excess BTC at the same time) Interesting times. I MIGHT be tempted to sell some of the BTC hoards, at say $12k a BTC. But I myself expect a recession. So following you logic in your post, about the time I'd sell my BTC (15% cap gains gone and 10% cap gains from state tax USA =25%), then IF you wanted to put this in stock, right after you do so of course, the recession would hit ..so 20% correction. Now you are at a 45% loss kinda/sorta in real BTC vs cash. I myself suspect 40% recession correction, a bad one. So if I did so, as your post says, I would be very, very miffed! at a 65% loss by transferring any BTC from Hoard to stocks and traditional investments..just to watch them take 7-12 years to come back (what some folks say it will take to recover from next recession) ...JUST to watch BTC/Crypto act like Gold and go sideways or UP! I would be despondent. Like those guys in 2013 who bought houses (wives urging) at 100 buck BTC because it would never make 200 buck BTC! Sure, I know a couple walked away with a house and 1 million in cash, but they were pretty despondent on here and chat boards in December at 1k BTC! So, if it is all RISK on any choice, I choose to HODL for the above reasons. It is DAMN mystical in any choice I make on BTC/Crypto since 2013 it is always this or that. I could have flipped a coin on each major choice on BTC and been in the same boat as today, with less guessing. mine/buy or sell/rebuy or alts/btc etc etc fun times though anyway, what my side of the fence looks like above so far, until the next time I panic and sell like a 9-year old child when it dumps (with crying/screaming etc) as I did with 13 BTC at $3,965 USD BTC price. (went down to $3,200 USD I was briefly quite proud of myself) Groan! So experiencing both options hold/sell in whatever quantity my bet is HODL. (I did, however, get back to being only 10 BTC short on above in buybacks but it still stings damn it!) such is life a variety of choices with little no real information But someday I may just 'snap' like a dry twig and run amuck blowing BTC to cash hither and yon.....just nowhere near that point yet with me later brad |
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