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961  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2018, 08:48:38 PM
What kind of beverages are we drinking tonight, gentlemen? I am currently sipping on a lovely bordeau rouge 2012.

 Bitch. We have an entire wine-fridge filled with the finest Napa Valley vintages available, over the last few decades.

 Rick and I are waiting for Bitcorn to hit above $20k/USD, before I can permanently graduate from beer to cabernet sauvignons.

 Gotta learn to live within your limits, or you're gonna have a bad time.

 Patience, my friend.

 750ml of Screaming Eagle per day sounds like pure Heaven to me.




when talking about beverages and binding things yeah, well....than i just have to post a dude thing  Roll Eyes

I was sitting here wondering how long that would take you, mic.   First thing that crossed my mind too.
962  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 01, 2018, 01:26:36 PM
stuff i've been looking at while the market chops
https://medium.com/@lopp/a-modest-privacy-protection-proposal-5b47631d7f4c some howlers but a good start
and
http://www.cs.virginia.edu/~robins/YouAndYourResearch.html same
versus
https://uwspace.uwaterloo.ca/bitstream/handle/10012/13649/Vossen_Emma.pdf State-of-the-art PhD application
Quote
It is important to note that, “a formal and official” process is often nor[sic] required to join a cultural group and therefore “a degree of actual and imaginary connection with other members would be needed” to claim the identity of the cultural group and become part of that groups[sic] culture (Chang 21). In other words, becoming part of games culture is based entirely on your own personal sense of belonging and your “actual and imaginary connection with other members” (Chang 21). Conversely, members will also develop a sense of who they feel does not belong.
insert headdesk meme

Some excellent and thought-provoking reading, LA / V8..

And hearty congrats on reaching the status that many here on the WO probably reckoned you already had.  Keep it up, eh?
963  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 30, 2018, 07:33:45 AM
Just 3 months left in 2018. Anyone want to make predictions for the xmrusd price on 31 Dec 2018? I'm guessing $175.

No point in not being optimistic in this guessing game...  So, OK I will pull a guess out of my rear end:

The USD price of XMR depends on BTC, which we seem to have been rising and falling with, rather than working inversely to of late.

As long as Bitcoin turns up out of the bear market then I hope we will see $7500 - $8500 for end of year BTC and with that XMR at $135 - $165.   To pin it down?   $151

That said, if Elrippo's Friend is closer, I will be very happy to be wrong.
964  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 23, 2018, 12:39:59 AM
Go to meetups.  Have a beer.  Just make sure it’s not a Bitcon Cash meet up advertised as a Bitcoin meet up....

I confess that while I have no RL BTC mates either, I have mixed feelings about ever going to a random meet up.  It's a pain being surrounded by no-coiners, but the contrarian in me fears that a meet up might be about as grimly enjoyable as a school reunion.

I do like the WO Support Group™ though - it would be awful going through all this without some fellow travelers to share the ups and downs with. 

Frankly, that is probably why the WO is essential.  When it's boring I am not alone.  At rocket and moon times it's been a joy raising a glass to virtual friends.  When things have been down it's often been a pick-me-up... there have been embattled times when a Sparta meme has helped me sleep more soundly, I can't deny that.  It's why I wanted to fight for it when Theymos felt obliged to put it on ice.

On balance I am probably likely to remain 'virtual-only', but I will try and stay open-minded.  I like to party and I'd be tempted to look up a few of the undoubtedly likeable souls here if i was passing through their neck of the woods.

However, strolling to a roll-up of people who were BTC-heads who just happened to be near to me?  I doubt it.
965  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 21, 2018, 05:22:37 PM
Let's see if you sleuths are up for another puzzle...



More pixels later...

Greece...
 No... Prague.

https://www.google.com/maps/uv?hl=en&pb=!1s0x470b94eae37ab4b9:0x9b40349fb0e77bfb!2m22!2m2!1i80!2i80!3m1!2i20!16m16!1b1!2m2!1m1!1e1!2m2!1m1!1e3!2m2!1m1!1e5!2m2!1m1!1e4!2m2!1m1!1e6!3m1!7e115!4s/maps/place/adele%2Brestaurant%2Bprague/@50.0883214,14.4284999,3a,75y,277.78h,90t/data%3D*213m4*211e1*213m2*211sCkts4hRww_t1EhPzfmJmyg*212e0*214m2*213m1*211s0x470b94eae37ab4b9:0x9b40349fb0e77bfb!5sadele+restaurant+prague+-+Google+Search&imagekey=!1e2!2sCkts4hRww_t1EhPzfmJmyg&sa=X&ved=2ahUKEwjPnsaOu8zdAhWEulMKHRnoBFQQpx8wPnoECA0QDg

Yes - I think two or three of you nailed this - but you have it exactly.

It's a great town for strolling around for a few days.   Unless you're a vegetarian.

Only just back from the other side of town.

Well done TopTort777 for getting Prague first

and serveria.com, micgoossens, kirreev070, Bitsinmyhead, kenzawak and cAPSLOCK for nailing it.

The full picture:



I wish I had manageed to get some of Prague's 'eye candy' in shot as there is plenty - but hey, go find out for yourselves, I am currently reserved.

/end

On Topic?  A nice Friday pump, let's hope it carries on all weekend!

966  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 21, 2018, 01:17:35 PM


More pixels...

Not France, nor UK or Italy - one of you was close though...

You have to get the street junction, according to Hairy WO Rules, IIRC.
967  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 21, 2018, 09:51:22 AM
Let's see if you sleuths are up for another puzzle...



More pixels later...
968  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2018, 05:49:22 PM
Welp at the current price of $6495 we are down $18 since that previous chart.  So yeah.  
I am sort of using WO to keep myself honest with my price predictions and see how I track.  I would welcome contrary views.  I miss Tera he taught me a lot.

<——————— should give you an indication as to whether you should trade based on my charting

Chucked you a supportive merit, I miss her (for I am pretty sure Tera was a she) too.  I also learned a few things from Tera's posts.

She was pretty good in 2013 / 2014 (and was hated) and was right to be bearish this time (and was hated again).  But she wasn't totally wrong, just coldly realistic - and IMHO much misunderstood.  The odd, sophisticated contrarian is actually a good thing at times. Opposing views, even if they are predicting 'pain to come' are wise to at least factor in, rather than simply shout down. Otherwise this thread is risking just being an echo chamber.

I reckon BTC will inevitably exceed the last ATH by a lot in the end - but surely long term hodlers (of all people) have learned that there is never gain without pain.  It is just how it is - but it is also how the gain is truly earned.  If it was easy, every fucker would be rich.

So, Hairy - work on the charts and if you start to get it right, I for one will be grateful. OK, not for the pain, if that is what is due - but for an idea it might be coming? Sure.
969  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2018, 07:24:58 AM
So is this what the crypto winter felt like ?  Or still too cheerful?

A lot of people melted away, at times there was just Chart Buddy auto-posting for three or four posts, which meant no one had posted anything for hours.

With Gox and the slow grind down it was just dull, felt like an ATH was maybe never going to be seen again.  It wasn't despair, it was like watching a life support machine.  Early 2015 was probably the worst, when it went under $200.

I was under water then, so just bought a load more to cost average down and didn't log in as often.

You could catch up on a week's posts pretty easily, though.  The good old days, eh..?
970  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2018, 08:56:29 PM
When I had first come to crypto in early 2017 I participated in the ETH buzz along with other coin pumps. It was views such as yours, JJG's, and many others here that encouraged me to see them for what they were and eventually led me entirely away from the shitcoin buzz never to look back.  Feeling rather lucky for that education today. Thanks a lot! 

Glad I could help. I too at one point thought that having another coin/blockchain with a differing algo than Bitcoin's could be beneficial.

But then I started to realize that at it's core, all people fundamentally care about is a cryptocurrency's ability to be :

1. Secure and scalable
2. Open source, decentralized mining and voluntary core devs
2. Be scarce and deflationary
3. Store of Value
4. Permissionless transfer of value
5. Exchange for fiat (if necessary), high liquidity
6. Popular with merchants and exchanges
7. Buy goods and services with it

That's it. You can distill 99.99% of peoples wishes for a crypto into that simple, straightforward list. Any other usefulness beyond that list is inconsequential and wouldn't be missed in the world, at all. Anyone that says otherwise is being disingenuous and head-in-the-clouds.

So seen through that lense, is there any real NEED for any crypto other than Bitcoin?

The answer is a resounding "NO".



Those are great core values and I'd like to add a couple I find reassuring.
8. Politically neutral money
9. Monetary system based upon savings rather than debt
 

All good and undeniable points.  I would add that 'privacy' has value, too - even if only to ensure true fungibility.   I don't want 'tainted' coins to be an issue - and it's obvious they could be.  What is traceable is 'bannable'.  BTC may incorporate this down the line, but right now a coin that is private (untraceable) by default has a use-case.
971  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2018, 08:48:11 PM
Nice read on the current state of the SEC commissioners:

The Elad Effect: How the SEC’s New Commissioner Changes Things for Bitcoin ETFs
https://medium.com/@JohnGaltBPM/the-elad-effect-how-the-secs-new-commissioner-changes-things-for-bitcoin-etfs-f4bb29e95bd6


Interesting read, pretty decently argued, too. Thanks.

I am not sure the ETF is the holy grail, but it certainly will change the game.  Short term, this will be positive and probably flip the bear market sentiment into bullish.  Long term, it will possibly mean wall street has Bitcoin inside the tent.   

If it ends this bull market cycle earlier, I have to look forward to it - who wants another two years of this dull grind?

But what 'maturity' will mean?  Well, we may rue what we wished for....
972  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 06, 2018, 10:01:52 PM
If BTC hits 6 figures this year, I'll blow everyone in this thread.

Saving this just in case. 

So you can be first in the queue...?  Wink
973  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 04, 2018, 08:43:29 AM
I reckon BTC needs to bust 7300 properly if XMR is to sail over .020

Right now BTC is not quite managing it.
974  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2018, 09:12:10 PM

A quote from The Scottish Play?  Cool!

So who dies this night? The rest of the shitcoins?   I'd settle for just BCH ;-)


Bitmain can't keep it shored up forever. Smiley

For sure - the camp is falling into disarray and of course the money (their BTC) is running out - at the same time as problems with its bread and butter products.

The centre cannot hold for much longer under these conditions, they need a miracle after the hubris of the whole Bcash debacle.   Jihan is no fool, but the friends he chose do not speak in favour of the wisdom of his judgement.  You cannot beat the market's sentiment that BCH is not worth the price Jihan and his allies have been paying BTC out to try to keep it at.
975  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2018, 07:52:12 PM
"The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow"

Is it tomorrow already?

Given that rational investors are well aware that when maximalists chant, "Decentralized! Censorship resistant!" in their quest to distance themselves from shitcoins, they also point out that if those are the value proposition for a cryptocurrency, then Monero is more valuable.

So maybe tomorrow, tomorrow--

To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from trade to trade,
To the last block of monero mined;
And all our yesterdays have lighted shitcoins
The way to dusty death.

A quote from The Scottish Play?  Cool!

So who dies this night? The rest of the shitcoins?   I'd settle for just BCH ;-)
976  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2018, 07:10:28 PM
We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?

Not much. 

Prediction is 12% down today, wipe out in a year (under $2). Let's see if it's right today.  It might get lucky - but frankly it looks utter nonsense to me.

In summary:  a waste of a click.

Well - it looks like the daily prediction (for today) on that site was just a little, teeny weeny bit...

TOTALLY FUCKING WRONG
977  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2018, 07:07:00 PM
Everyone is asking who is buying Monero now. I am pretty sure I know who is it.



Ha! Merited.
978  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: September 03, 2018, 11:51:49 AM
We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?

Not much. 

Prediction is 12% down today, wipe out in a year (under $2). Let's see if it's right today.  It might get lucky - but frankly it looks utter nonsense to me.

In summary:  a waste of a click.
979  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 02, 2018, 03:28:42 PM
Just spent 2 hours trying to jump through the new Gox claim hoops, a morass of broken shit.

forces you to reset password, then says the brand new one is no good  Roll Eyes

why did we start this internet thing again?

Shit - it was on my 'to do list' today.

I was pretty annoyed to have claimed already and even had postal confirmation of receipt of claim, previously.  

I have got to find the exact amount again - hassle enough since I thought it was done... But now this?   Ugh.
980  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 02, 2018, 03:21:52 PM
Solzhenitsyn was no literary genius (not that anyone explicitly claimed it). Just the content is quite interesting to carcerophiles etc

You're not wrong, he hasn't the stature of the real greats, nor stood the test of time perhaps, but hey he scrapes an honourable mention, if only for reflecting life in a totalitarian state.  'Worth a read' is about right.
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