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9801  Economy / Speculation / Re: Buy every dip! on: August 19, 2020, 07:34:28 PM
And in terms of fundamentals, everyone always returns from altcoins to Bitcoin once the bubble pops and the hype is gone. Nobody really believes in altcoins like they do Bitcoin. Wink

That's thanks to the Core developers' contribution to it's growth and development, and being conservative, and safe in their approach to focus on security, self-sovereignty, and censorship-resistance.

That's part of it, but attributing everything to the Core developers would be ridiculous. Bitcoin's monetary policy, first mover advantage, and network effect have a lot to do with it too.


The Core developers are a very large part of it though, maybe the majority. The design-decisions made, to focus on security, to make it robust and safe, and with small, almost close to none attack vectors.

I believe if the network actually forked to S2X, Bitcoin would be dead. I truly believe that. A big part of its success is thanks to Core.

I largely agree with what you are saying, Wind_FURY; however, the s2x dispute was NOT merely some kind of fluffy technical change, even though, sure that technical change would not have been a very good precedent to set forth.

In my thinking the S2X was more about an attempt to change how consensus would have been achieved in bitcoin and therefor an undermining of bitcoin in such a way that would cause it to be much easier to change, and I am not sure if the developers get complete credit for that, but probably a lot of user sentiment that realized that S2X was a kind of bullying attempt ... which likely caused more backlash from the users.. and sure it seems that bitcoin did get stronger from fending off such bullying attack and seems that the users learned that there was a certain kind of need to stand up for NOT allowing changes to happen in bitcoin in any kind of easy-peasy way.


It wasn't only about the technical argument that S2X would have killed Bitcoin, but also it was an attempt to replace the Core developers. The best people, with the most extensive experience to work on the protocol, and who deserves to be stewards of the network.

Who would have become the lead developer for Bitcoin-S2X?

Of course, overthrowing Core developers would have been either an outwardly stated goal or an outcome of the intended changes to the governance changes that included changes to consensus...   They were not exactly secretive about some of those kinds of goals... Governance is a kind of package, anyhow, no?

Probably their whole bullshit of a plan was not very well thought out anyhow,... wasn't there some fuck ups in the code, too that Jeff Garzik was overseeing.. or failing to oversee?..

The plans of the overthrowers likely included a lot of tentative ideas about how matters would work themselves out.. but sure, they also may have had some non-disclosed plans regarding how the development leaders would have played out.. with perhaps some combination of Gavin Andresen, Mike Hearn and Jeff Garzik.. .. and really I do not know or follow those various important BIG BLOCKER players well enough to knowing much of anything beyond throwing out a few names in order to attempt to be somewhat cooperatively responsive to your question, Wind_FURY.
9802  Bitcoin / Bitcoin Discussion / Re: Good news on: August 19, 2020, 06:59:53 PM
The phenomenon that you refer to is also known as "coiling".... good luck with your purported fantasy of a "quite slow pace" nowdays.
Oh well, considering all the 2020 events, I wouldn't be surprised if there was a sudden insane chart move. The thing is, it does seem to be slower paced if you compare it to past pumps.

Personally, I believe that the BTC price is so god damned close to being exactly on schedule in accordance with the four year fractal comparisons.  I am personally surprised by how close this particular pattern is... and sure we had a kind of front-running blip from April 2019 to June 2019 when the BTC price went shooting up 3.5x from $4,200 to $13,880... but overall the BTC price has largely reverted back to the pattern.. so I am not really sure how you are concluding that this time around might be slower, except maybe that you have a kind of recency bias or maybe a bias of being caught in the moment and hopening that the BTC price would move faster... please, please, please.., .and such seeming impatience is not a good disposition (not meaning it in any kind of personal way, just saying that price movements can take a decently long time and they can feel as if they are moving slow while we are within the middle of them, but if you zoom out or you look back after the fact, the price movements end up showing that they had moved way further and way faster than what we had been feeling while we were in the midst of them).


Nothing wrong with that, and BTC is an assymetric bet, so you can do quite well with a relatively small amount of capital, but if you want to do well, it is probably better to put more than $100 into it.. but hey, "doing well" is a relative concept, too.
"20% profit? Take it! Nobody killed themselves for being on profit", someone told me a long time ago. Definitely relative, yet this is  still a funny thing I'll probably never forget. Smiley

Well, in the past if you had gotten overly excited by 20% price movements in BTC, you would have fucked yourself over multiple times, and probably end up chasing the train or getting mediocre returns based on your failure and refusal to appreciate your profits in BTC (in other words fucking up by valuing your wealth in dollars (short term) rather than BTC (long term))


Are you short-term bearish and long term bullish?
I honestly don't really care about short term so there's no position I've taken. Meant to say I have no idea about short term (especially as heavier dumps aren't that rare for this one) while I'm pretty bullish on the longer term. Like, maybe tomorrow it drops back to $10k. Maybe it goes up or stays around $12k. I don't really care tho, all I care for is the price we'll have in a matter of years - and solely based on "adoption" & halving, I believe the future is holding a sweet price tag for us.

Of course, I don't really know your BTC investment background, but if you were largely dabbling in BTC in 2016 when you registered your bitcoin talk account, you might not have been had enough time (or even capital) to take an assertive BTC position, so sometimes it can take a while to build wealth and even to build capital even if the asset class is going very well.

So, in that regard, all of our positions and our mindsets are going to differ from one another in terms of how much time that we had been able to build in BTC and how much capital that we had available to attempt to build our wealth in BTC.

For the past few years, my confidence has grown quite a bit in bitcoin, not only because I have been investing into it for a decent amount of time, but also because bitcoin has matured quite a bit as an asset class.  Sure bitcoin remains immature as fuck, but we can still look at BTC, as an investment, with a decently larger amount of confidence than we could prior to the 2017 run and prior to the 2017 and early 2018 resolution of several issues and concerns.  Bitcoin has shown its strength as a strong asset class for those who are capable of seeing it (and sure some people just have not been adequately exposed, yet, either), even more convincingly during and after 2017 and into early 2018, which can cause a decently greater amount of confidence to advise (or suggest) that new entrants into BTC should be able to comfortably take a 4-year plus investment time horizon in regards to BTC, so long as their own time horizon also allows in terms of their age/health etc - and surely it would have been more uncertain and difficult to make anywhere near to as long of a commitment to investing into bitcoin prior to the 2017 situation and the various resolutions that showed themselves through such battling processes.

So, even with you, 20kevin20, if you are having some uncertainties regarding how to play bitcoin in the short term or whether you should be attempting to play bitcoin in the short term in regards to figuring out BTC price movements, I would say fuck that bullshit.  First, you should be making sure that you have sufficiently and adequately established your long term investment amount.. and once you secure that to a sufficient level through lump sum investing or DCA.. then maybe thereafter, it may be reasonable and justifiable to play around with some other aspects of your BTC holdings in terms of trying to figure out if the BTC price might be going up or down in the short term.. that is if you have any inclinations to attempt to play those shorter term BTC price expectations.
9803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2020, 06:14:34 PM
https://twitter.com/metamick14/status/1295764368546766849

Quote
Bitcoin has a branding problem. While we might not care this is largely reducing Bitcoin's accessibility to the masses.

And while #Bitcoin is an amazing technology in itself, I believe the missing link lies in leveraging its culture, the #Hodlculture.

Thread + article
Down pointing backhand index
Chicken

https://medium.com/@metamick14/balinese-cockfights-bitcoins-how-one-can-help-us-understand-the-other-c075027ffeb6

Quote
"Foreigners have for centuries reduced Balinese cockfights to a senseless form of gambling. Similarly, Bitcoin might at first be associated with gambling, black markets and hackers. But dive into these worlds & things start looking quite differently"

very good thread on hodling

It seem to me that there are a quite a few longer term BTC HODLers who just consider all the ongoing bullshit in the space and the lack of BTC's good publicity to be means for the BTC price to stay lower and allow for longer term ongoing BTC accumulation.. while other diptwats are either distracted, mislead or lacking in their research in terms of figuring out what bitcoin is.

Sure, there are some bitcoiners who are out there and engaging in various kinds of free marketing, and it seems that overall people are going to start to figure it out, .. so really it tends to be difficult to rush a good thing... I cannot really see any reason to complain that bitcoin is either badly marketed or NOT marketed enough.. because it is not like any of us long term HODLers really want to change matters.. and the lack of marketing is not really a threat to bitcoin, is it?  Developers are still working on bitcoin for "free," with some companies choosing to voluntarily fund some developers, and miners are still incentivized to direct their hashing power toward bitcoin, keeping our coins nice and (overly secure)...  Remember that diptwat billyjoeallen, who used to come into the thread and to proclaim that BTC was too secure... blah blah blah...

If it is not broke, then don't fix it is part of my current thinkenings, and also good things will come to those who wait... and ... blah blah blah... My thinkenings are not exactly ongoingly consistent... which reminds me that consistency is the hobgoblin of little minds, anywho.
9804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2020, 05:36:42 PM
Made a transaction earlier, 116 sats per byte fee. This was around 11:00am, still waiting for a confirmation nearly 7 hours later.

I’ve accelerated it with Via Bitcoin free accelerator but fucking hell.....7 hours.

Oh shit!!!!!!!    Shocked Shocked Shocked


LFC turning into a BIG BLOCKER. Cry



Run for the hills, boyz!!! 



Bitcoin is ded.


9805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2020, 04:50:21 PM
/OT
I've just seen that the Chipmixer signature campaign is still paying 0,0375BTC/week for 50 posts at current prices.
Damn, for that I would be posting in every forum all day every day !

CM paid the same amount when BTC was worth $20k, but also when it was only $3000k - they pay in BTC, and never look at fiat value of those coins. Do you think that it is easy to write 50 qualifying posts every week?

I missed that $3000k phase in BTC's history.  It must have been lovely.... Wished I could have been there (call me bitter, if you must).

Dream on aesma... ;-)


@JJG I'm sure he was JOKING! Only joking!  Tongue


I wouldn't mind some serious dip to fill my bags either, but my SOMA analysis says now it's not that time. And small print is very bad for our eyes.

We cannot get every joke, can "we?"**

**Note: "royal we" employed in order to deny some amount of responsibility... and yeah small can be challenging for some of "us" oldie fellows.


9806  Economy / Speculation / Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) on: August 18, 2020, 09:09:59 PM
Why bother to understand facts when you can keep makings stuff up.

Is this thread about bitcoin or not?

If this thread is about bitcoin, then who the fuck cares whether facts about off-topicness is represented accurately or fair or whatever.  I can generally refer to all other coins, crypto or whatever that you want to call them as shitcoins, and that remains as far as the topic needs to go or to be explored in this thread.

This just goes to further demonstrate that your judgement is not at all objective.

I am not sure about how the extent of my objectivity, to the extent it exists is relevant, either.

You are so passionate to talk about shitcoins in this bitcoin thread that you seem to be lacking in objectivity way more than me.

You are passionate in terms of NOT giving up on the irrelevant topic within this thread.  How objective is that?  If objectivity might be an aspiration, here.

The reason BCH split is because the devs wanted to keep tinkering with the protocol, specifically at that time it was introduction of a new opcode OP_CDSV (which is entirely unneccasry because you can implement it in SCRIPT).

Yeah, whatever.  They can give all kinds of excuses for their desire to engage in a scam and to print money.. .whatever,  who fucking cares if they might be able to outline some kind of plausible reason that would not be a scam?  Not this cat.

The reason BTC split is because the Core Devs wanted to implement SegWit (entirely unnecessary, unless you are trying to force LN adoption so you can transact anonymously off chain undermining the purpose of a public ledger).

Wow!!!!! you are finally talking about BTC, here.

Maybe we could celebrate?

Yes.  I understand that you are referring to August 1, 2017.. for the hardfork.

Your framing of the whole matters seems a bit off.  What happened in 2017 was that there were a few folks trying to force BTC into a change that started in early 2017 (but had roots further back) that both caused increases to the onchain blocksize limitations and there were strivings to change BTC's consensus mechanism to cause BTC to become easier to change in the future, and sure there were various BTC proposals and back and forth.. and largely what happened was that miners were forced into a decision to agree to segwit or to reject it, and they choose to agree to the adoption and implementation of segwit which was going to take until nearly the end of August to lock in, even though consensus for segwit with more than 95% of the nodes (and miners) and really close to 100% were signaling to adopt segwit by August 1, 2017. 

Sometime in June/July 2017 Jihun Wu and some of his fucktwats were crying over the imminent implementation of segwit, and they decided to hardfork off into bcash, and then there were other hardfork threats that were simultaneously happening to cause another segwit2x fork in November 2017 - but the segwit2x fork got dropped because it appeared that those other bitcoin attacker fucktwats could not muster enough support to feel comfortable following through with that segwit2x fork.

In the end, segwit did end up going live in the end of August 2017, and various aspects of the bitcoin community have been building various systems and integrative components, such as lightning on bitcoin subsequent to segwit going live and making it easier to build those kinds of systems on BTC.. furthermore in late 2017 and even into January 2018, there were pretty intensive and extensive SPAM attacks on the bitcoin network and even seeming to inspire lightning network to go live in January 2018 in a kind of rogue way - but lightning network's going live did seem to inspire the lessening of spam attacks on the BTC network too, but surely likely that some of the parties engaged in ongoing BTC spam attacks were finding that the costs of their ongoing spam attacks on BTC were likely costing them way more than they felt that they were benefiting from such ongoing spam attacks... so suddenly those spam attacks stopped in late January 2018.

It's the same pattern! Now BCH are facing split again because of arguments over protocol tweaks and I *still* see these kind of arguments in the BTC camp.

First of all, who gives any shits about what is happening in the shitcopin bcash (BCH) camp, and the mere fact that some diptwats are raising scaling (or BIG BLOCKER) nonsense in BTC circles does not mean that any of the BIG BLOCKER distractions are having any substantive, meaningful or representative impact on current BTC developments.  Of course, scaling is not going to go away as a topic, and the balancing of onchain versus off chain is not going to go away as a topic, either, so who fucking cares, if the topic of onchain versus off chain or the various remedies are ongoingly proposed in various bitcoin circles. 

Part of the aspects of bitcoin is that proposals are able to be raised and to be discussed and to batted around, and if there are good proposals, then they are likely to be adopted into bitcoin in various kinds of ways if that might be feasible and especially if there is consensus to actually make the change beyond merely discussing it.  Ultimately there is a need to reach consensus and to go through the process if there really are desires to have adoption of some new aspects into bitcoin... and as you likely realize there is a lot of reluctance towards hardforking anything in bitcoin, absent some kind of emergency situation.



What the majority of people don't understand is that the network needs to be stable, such that business can build on it. Rely on it not changing and breaking their business.

I think people realize that, and that is why bitcoin dominates in the space.

vs your explanation of "I don't know anything about bcash sv just that its a scam, and snake oil, and they split because... scam ... and nobody cares about you and everybody agrees with me"

Well, it is both a scam and it is off topic, here... So, sure, both of those things in regards to bcash sv.

You know other people can read what you are posting?

Exactly.  I probably would not even bother replying to your nonsense if you sent me a direct message with such ongoing and persistent stupidity.

You seem to be doing a better job at discrediting BTC's claim to the name of Bitcoin than I am  Cheesy

Well, half the time, I don't even know for sure what you are talking about if you use the word "bitcoin," so there is that angle, too.  Also, in regards to bitcoin, I can say anything that I want.  It is not like I am some kind of bitcoin marketer, so why would it matter if I were actually saying things that discredit bitcoin?  You are hardly making any sense, even if you were factually accurate, and I doubt that you are even factually accurate.. you are just throwing out a bunch of shit and hopening that some of it might stick.. hope.. hope... hope.
9807  Bitcoin / Bitcoin Discussion / Re: Good news on: August 18, 2020, 07:18:04 PM
Good News for a certain individual that already bought Bitcoin when the price is still not in peak, and for the people that are only holding and waiting since the beginning of Bitcoin, that are the lucky ones that don't lose faith on it,

And Bad News for late in buying Bitcoin, well they can still buy today and hope OP would be right in the latter of the movement of the hash rate but then again the price is not determined with that,

The price is still increasing and as we are now the ATH is nearing but apparently correction is still there and no one know when can it strike.

Huh?

Lots of people speculate that they are "too late" when they come to bitcoin and first learn about bitcoin and first start to implement some kind of buying/accumulation plan, but if you do not have any BTC in your investment portfolio, then whatcha-gonna-doooo?  Wait?

Sure, if you failed or refused to invest in BTC in the past, there is not a whole hell of a lot that you can do about those bygone times, so you have to decide what are you going to do right now?

If you are just hearing about BTC, then you might want to figure out your own particulars, establish a BTC buying plan and then start to employ such plan.  Of course, you can study and attempt to learn more about bitcoin along the way so that you can just figure out ways to best implement your newly discovered exposure to bitcoin information... and thereby, it is not too late today, but you may well fuck things up if you fail to do anything and then look at where you are at 4 years from now..  proclaiming that you should have done something 4 years earlier (which is today) and those people 4 years earlier are so lucky.. blah blah blah...
9808  Economy / Speculation / Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) on: August 18, 2020, 07:09:56 PM
Cant we all just be friends!  

.... I guess i'm not helping... Wink

Yes.. you are not helping.  Fuck those various bcash shitcoins, and any other shitcoins that you might be supporting, sgbett.  Tongue

It’s funny back when I held BTC before it split I actually had more alt coins “just in case” (ETH, LTC, FTC, MCO, NMC, ANC, RVN & PGN) I’ve sold them all because all altcoins are trash and a liability. majority will be shut down BTC included, and there has been ample warning. Everyone thinks they will be the one to get out in time.

Lol, good luck.

Sure, many BTC HODLers are likely willing to hold their BTC to zero if necessary, but that still does not seem to be a likely outcome.. so you seem a bit pie in the sky, if you believe that BTC is getting shut down any time soon, at least in terms of what investors of today should be thinking about in terms of their investment strategies and allocations into BTC.

So, yeah, I am not sure what is so funny about your purported allocations of a large amount of your value in shitcoins as compared with BTC.  Only seems to show that you had already been predisposed towards believing in shitcoins of various sorts rather than really seeming to understand, recognize or appreciate the various value propositions of bitcoin.

Sorry I wasn't clear. What I meant was that I had more alt coins back in 2015 then than I have now, but these were only ever a fraction of what I held in Bitcoin.

So you could say I've gone from being ~95% Bitcoin to 100%.

Huh?   You no longer hold Bcash crap?  I thought that you own Bcash?  bcash is not bitcoin... unless I am misunderstanding you?

Assuming you mean Bitcoin Cash then you are correct I don't have any.

BCH is on the brink of yet another split... https://read.cash/@AndrewStone/bch-looking-back-and-moving-forward-a703cbcc

Why would anyone think this is a good idea? https://medium.com/bitcoin-abc/bitcoin-abcs-plan-for-the-november-2020-upgrade-65fb84c4348f

Bcash and Bcash SV are largely the same thing.. so stop playing around with that nonsense.. you are still fucking around with shitcoins because you own bcash sv.. and calling it bitcoin, so it appears still in such a delusional state trying to act like you own bitcoin when you own a shitcoin variant of bcash.

So, if we merely refer to the tickers, to make you feel MOAR better, then how much do you own of each?  BTC versus BSV... presuming that you only own those two coins, or do you only own BSV.. that would be really dumb.. you gotta admit that, no?


All your purported positive talk about "bitcoin" presumes that some how BSV is included in that lil club?  Makes no sense.. BSV is pretty damned close to a complete scam with a clown show regarding a bunch of bag holders hoping that there might be some additional pumpenings along the way, whether referring to rich investors (such as calvin ayre) or propaganda machine built around BSV, or that stupid ass court case in Florida.. or some other phoney baloney bullshit that would be difficult to presume anyone actually believed in the project beyond some possible potential that its lack of liquidity makes it easier to pump.. and hopefully if you are in such shit you are actually able to sell during one or more of those pumpenings instead of getting stuck holding up the value of it in order that some BIGGER bag holders such as Calvin or a BIGGER scammer such as fucktwat Craig Wright can fork coins based on some lameass presumption that they were his coins anyhow.. blah blah blah.. does not even bear repeating because it is such a stupid proposition that BSV bagholders (supports) seem so inclined to believe or at least to propagate misinformation around such fantasy ideas.

It's weird that you would think they are largely the same thing, did you just pull an opinion out of thin air, or did you actually check?

Stop fucking around with trying to fuck around with supposed nuance why one shitcoin bcash is supposedly better than another shitcoin bcash.. There is no basis for your claim, except your desire to spin the matter.

BSV forked from BCH when they could not get along and/or jointly agree to how to maximize their scamming efforts, so of course, new money-making and deception-making opportunities were recognized between the two dipshits of camps... thus a split in the bcashes...


BSV and BCH are worlds apart.

They are shitcoin forks of each other as of mid-November 2018..

The codebases have diverged significantly.

Who gives a ratt's ass if there were choices to change the code in order to attempt to scam in different kinds of ways.. Hardly matters at all beyond merely being ongoing snakeoil scam products.

BCH are still able to merge from the Core repository - which you would have gleaned from the Andrew Stone article if you had read it, BSV has been significantly re-written in order to address a whole bunch of cruft that had been added over the years, allowing for proper scaling of the base layer.

Again, who cares how their shitcoin is designed in order to improve, blah blah blah... ?


It seems to me your angry rant is grounded in fear. Fear of the unknown. You are afraid because you don't understand why someone like me would do something that looks so crazy to someone like you.

I could care less what your little scam product does beyond that you are trying to act like it is bitcoin, and even talking in this thread in those kinds of deceptive and ambiguous ways regarding what coin we are talking about...

I thought that we were talking about bitcoin in this thread, then then you bounce between bitcoin and bcash and try to act as if you are talking about bitcoin..

That is not fear, it is irritation with your lack of forthrightness.

Despite all the information being out there you would prefer to ignore it in case you have to challenge your belief.

Again.. no one cares about your shitcoin or what variant it is playing itself as.  This thread is about bitcoin, no?  Except you cannot figure out a way to stay focused, so you bounce around in what you are referring to.. in order to slip in some bullshit about your shitcoin... when others reading this thread might have thought that they were reading about bitcoin, and all of a sudden you are talking about some shitcoin, some variant of bcash, and calling it bitcoin.

I look crazy because you don't have context.

You are crazy.. maybe you should move such discussion of bcash to another thread.  This one was supposed to be about bitcoin, the last I checked, and I even checked with you about a year ago when you were spouting out some ambiguous bullshit, just to make sure that you were still talking about bitcoin and you said that you were.. and now you are back to your old lame shit of switching topics while not really disclosing your switch.


Without that you try and rationalise my behaviour

You dig your own holes with your behavior.. I just attempt to seek clarity, and then you just dig further.. like a diptwat...

yeah, sure, I don't mind being a "friend", but you should at least attempt to communicate with genuineness so any of us potential "friends" can understand what the fuck you are talking about..

No friend wants to be deceived... (or at least few would still consider the other as a friend, if they are engaging in deception maneuvers and slipping in other topics when you though that you were not on that other topic).

by inventing stories steeped in mythology that are just echoes of what you have read from other people in a similar position. It's like talking to goldbugs back in the day, trying to convince them about Bitcoin's potential. They thought we were crazy too. Your identity is now so intrinsically linked to BTC that you have no hope of unraveling the uncomfortable truth.

If we are on a BTC topic in this thread, then we should stick with such topic... If you want to refer us to some bcash thread then provide a link.  We should not be bouncing around in this particular thread in such a way that members (or readers) don't even know what the topic is.


So your choice is the easy lie.

I don't see how I am lying.  I was just seeking clarification from you regarding what you were talking about when you seemed to had slipped bcash into the discussion.. yeah bcash sv, but still bcash, nonetheless and it was not bitcoin (btc) that you were referring to when you slipped it in...

By the way, I am not even addressing the purported differences between those various shitcoins and bitcoin (btc) because it seems to be just a slippery slope of off-topicness, so your attempts to try to attribute substance to my claims seems to be quite out of place.. because i give few fucks about your particular shitcoin (seemingly bcash sv) and how it may differ from other shitcoins (bcash or other shitcoins).. or even how your shitcoin (bcash sv) might differ from bitcoin or purportedly be the same as bitcoin.


Keep HODLing brother, it worked in the past so it will always work in the future! You have nothing to worry about with me and my silly little alt coin. Fingers in ears LA LA LA. I'm sure it will go away soon, just another 18 months.

The sad thing is so many will get burned and I don't wish that on anyone :/

Oh gawd....   Roll Eyes Roll Eyes   Always a new timeline with you bcash sv'ers regarding the next doom and gloom or blah blah blah bullshit..

remember January 2020 that the tulip trust was going to deliver the keys?  I mean, I could go on and on about the number of times that bullshit claims were going to be revealed and bitcoin (BTC) was going to go to zero or whatever based on such speculated calamities...

Regarding my own investment strategy, sure I have been accumulating BTC since about late 2013, and the first year involved a decent amount of front-loading my investment, and then I went more into a maintenance of my stash kind of mode that mostly has revolved around HODL.. but continued to have some DCA buying and some selling as the BTC price goes up and using those proceeds to buy back in the event that BTC prices go down (which I have striven towards making the increments larger and the gap between buy and sell larger.. in a kind of swing trade approach.. with fewer trades).. so my approach is a bit more sophisticated than a pure HODL.. even though there is a decent amount of HODL contained therein. 

I am not really opposed to transitioning my BTC approach into more of a maintenance and liquidation mode.. but probably, any liquidation approach that I use would continue to employ incrementalism type tactics, so there would continue to be a decent amount of maintenance contained therein... Of course, the longer that any investor has been into bitcoin and has not been fucking around with various shitcoins, the more likely that such BTC investor has accumulated a decent BTC stash and decent profits, which largely just causes a lot more options... so sure, individual circumstances could also affect comfort levels that BTC investors have in terms of shaving off some BTC profits or merely continue to HODL through expected cycles, which are far from guaranteed as you seem to be doomily and gloomily acknowledging.. even while the vast majority of bitcoiners are far from even as close to as doomily or gloomily as you, and the odds seem to be quite against your particular scenario playing out, even though you announce such nonsense as if you were an actual modern day Nostradamus.
9809  Bitcoin / Bitcoin Discussion / Re: Good news on: August 18, 2020, 06:33:20 PM
Price moves on a quite slow pace nowadays - or might be me not being that obsessed with checking it 24/7 anymore. But slower bumps are much healthier imo than what we've had few years ago.

The phenomenon that you refer to is also known as "coiling".... good luck with your purported fantasy of a "quite slow pace" nowdays.

As an advice, I'm not sure I can give one that'd really be efficient besides assessing your risks and investing what you can afford to lose.

Nothing wrong with that, and BTC is an assymetric bet, so you can do quite well with a relatively small amount of capital, but if you want to do well, it is probably better to put more than $100 into it.. but hey, "doing well" is a relative concept, too.


In my opinion, while short term has a little question mark, longer term should look great.

Are you short-term bearish and long term bullish?

You think down before up?


hahahaha

hear that nonsense all the time.. so gotta attempt to find some humor in almost any variant of it, no?

But even if it ends up not being so, I'd take it as an opportunity to buy it. My biggest reason is the halving. 2021 is going to be an interesting year.

fair enough.

I'll also add that if you didn't buy at 5,6,7,8,9 thousand and are buying now because it's near 12 you are also doing it wrong.
Depends. Could turn out to be the opposite instead. I guess luck is a thing here as well. Smiley

I agree... good to prepare for up, too, just in case.

MIGHT the market will do the rally or it will dump soon, people will still invest Bitcoin no matter what the hash-rate shows, they never think about but just focusing on the price trend.

I do believe it was good news by then seeing that we broke already the $12k resistance. Those who buy earlier will absolutely are be profiting by now. This could might also an encouraging moment for the others to invest as the momentum continues to look positive every other day.
The fact that the cryptocurrency market grows in price in the second half of July and in August, when traditionally at this time business activity freezes in all markets, is a good and encouraging sign for market participants. If, in mid-August, bitcoin finally overcomes and holds the price of $ 12,000, then what will happen in the fall, when prices in the market usually rise much higher? Of course, it is now much more profitable to buy bitcoin before it has risen much higher in price.

It is never bad to buy bitcoin...

Just establish a long term BTC plan, and just continue to buy BTC on a regular basis until you reach your BTC accumulation goal.

Once you reach your BTC accumulation goal, then you can fuck around with guessing if the BTC price might go up or down or whatever.
9810  Other / Beginners & Help / Re: LoyceV's Beginners guide to correct use of the Trust system on: August 18, 2020, 06:10:30 PM
if i was wrongly accused by another user, is there any way or mean to remove the negative trust feedback?
You don't have negative feedback, yet. You've joined the forum a few hours ago, and made 12 posts already. Don't post BS in my topic.

FTFY


 Cheesy Cheesy Cheesy Cheesy Cheesy
9811  Bitcoin / Bitcoin Discussion / Re: Ever wondered on how many days BTC has been above a certain value? on: August 18, 2020, 06:08:42 PM
I am NOT going to poo poo this topic, but I also believe that the weighted trade volume price of BTC is an important and interesting metric, too.

That top 20 days / 100 days information has largely been tracked in the below-linked thread since early 2013... and you can look back at various high trade volume price points in BTC history, and even the last few years (since early 2017) in 4 other trading pairs/currencies, beyond the USD/BTC pair.

Top 20/100 days for Bitcoin
9812  Bitcoin / Bitcoin Discussion / Re: Good news on: August 18, 2020, 05:58:44 PM
12 thousand isn't such a big news. We went higher than this in 2019 and quickly corrected below 10 thousand. What makes you think this time it's going to be any different?

We are no longer in 2019.

We are over a year after that 2019 pumpening that had gone from about $4,200 to $13,880 within about 3 months.

If you believe that the same thing is going to happen, you are failing or refusing to recognize significant aspects of bitcoin, whether we are referring to cycles, supply/demand fundamentals, networking effects or other factors.

If the hashrate and the short term price are the only reasons you choose to invest in Bitcoin you are doing it wrong.

hashrate is a decently strong fundamental, too.. but surely, it is not the only consideration to account for.

What are you doing pixie85?  You selling and expecting to buy back lower? 

You anticipating a drop to sub $7k or maybe lower - which would surely be reachable if you believe that this time is not different than 2019?

If you are merely waiting for sub $10k prices, then of course, we are both within striking distance of sub  $10k and you might have some decent odds of reaching sub $10k,,, maybe 40% or higher, but hopefully you have also prepared for UP... it is dangerous to only prepare for one BTC price direction, especially when we are quite likely in a decently strong bull market.. under quantify "strong" to your peril.

I'll also add that if you didn't buy at 5,6,7,8,9 thousand and are buying now because it's near 12 you are also doing it wrong.

Hopefully, there are not too many people who are doing that, but there surely are people who are just finding out about bitcoin or just getting into bitcoin, and what kind of advice would you be giving to a newbie?  You want newbies to wait?  Do you believe that waiting is practical or prudent under current circumstances if you happen to be someone with little or no coin, currently?

Surely, my suggestion always is to attempt to prepare for both UP and down, and if you are newly establishing yourself in bitcoin, then preparing for UP means to buy a little, and surely if you suspect that the BTC price might go down, you might choose to buy a bit less BTC at the current price, but you surely are not going to be prepared for UP at all if you do not have any BTC, you do not buy any and you merely wait because some random peep on the interwebs believes that we are in a 2019 pattern, even though we are over a year later and there are quite likely significant and material factors that have changed since 2019.. but the random peep on the interwebs wants you to believe that this time is not different (even when it factually is different)?
9813  Other / Meta / Re: 2020 Merit Source Application - TheBeardedBaby. on: August 18, 2020, 04:51:16 PM
The summer is almost over now, soon to be 9 months of waiting. I know that for the good stuff you need to wait a lot, but I could have one more kid for that time I was waiting, just sayin'...
From September I will be home for some months so I would have some time to send some merit.
Stay safe people Smiley

We do not need any more bearded babies.

One is enough.  Tongue
9814  Economy / Speculation / Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) on: August 18, 2020, 04:43:24 PM
Cant we all just be friends!  

.... I guess i'm not helping... Wink

Yes.. you are not helping.  Fuck those various bcash shitcoins, and any other shitcoins that you might be supporting, sgbett.  Tongue

It’s funny back when I held BTC before it split I actually had more alt coins “just in case” (ETH, LTC, FTC, MCO, NMC, ANC, RVN & PGN) I’ve sold them all because all altcoins are trash and a liability. majority will be shut down BTC included, and there has been ample warning. Everyone thinks they will be the one to get out in time.

Lol, good luck.

Sure, many BTC HODLers are likely willing to hold their BTC to zero if necessary, but that still does not seem to be a likely outcome.. so you seem a bit pie in the sky, if you believe that BTC is getting shut down any time soon, at least in terms of what investors of today should be thinking about in terms of their investment strategies and allocations into BTC.

So, yeah, I am not sure what is so funny about your purported allocations of a large amount of your value in shitcoins as compared with BTC.  Only seems to show that you had already been predisposed towards believing in shitcoins of various sorts rather than really seeming to understand, recognize or appreciate the various value propositions of bitcoin.

Sorry I wasn't clear. What I meant was that I had more alt coins back in 2015 then than I have now, but these were only ever a fraction of what I held in Bitcoin.

So you could say I've gone from being ~95% Bitcoin to 100%.

Huh?   You no longer hold Bcash crap?  I thought that you own Bcash?  bcash is not bitcoin... unless I am misunderstanding you?

Assuming you mean Bitcoin Cash then you are correct I don't have any.

BCH is on the brink of yet another split... https://read.cash/@AndrewStone/bch-looking-back-and-moving-forward-a703cbcc

Why would anyone think this is a good idea? https://medium.com/bitcoin-abc/bitcoin-abcs-plan-for-the-november-2020-upgrade-65fb84c4348f

Bcash and Bcash SV are largely the same thing.. so stop playing around with that nonsense.. you are still fucking around with shitcoins because you own bcash sv.. and calling it bitcoin, so it appears still in such a delusional state trying to act like you own bitcoin when you own a shitcoin variant of bcash.

So, if we merely refer to the tickers, to make you feel MOAR better, then how much do you own of each?  BTC versus BSV... presuming that you only own those two coins, or do you only own BSV.. that would be really dumb.. you gotta admit that, no?


All your purported positive talk about "bitcoin" presumes that some how BSV is included in that lil club?  Makes no sense.. BSV is pretty damned close to a complete scam with a clown show regarding a bunch of bag holders hoping that there might be some additional pumpenings along the way, whether referring to rich investors (such as calvin ayre) or propaganda machine built around BSV, or that stupid ass court case in Florida.. or some other phoney baloney bullshit that would be difficult to presume anyone actually believed in the project beyond some possible potential that its lack of liquidity makes it easier to pump.. and hopefully if you are in such shit you are actually able to sell during one or more of those pumpenings instead of getting stuck holding up the value of it in order that some BIGGER bag holders such as Calvin or a BIGGER scammer such as fucktwat Craig Wright can fork coins based on some lameass presumption that they were his coins anyhow.. blah blah blah.. does not even bear repeating because it is such a stupid proposition that BSV bagholders (supports) seem so inclined to believe or at least to propagate misinformation around such fantasy ideas.
9815  Economy / Speculation / Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) on: August 18, 2020, 08:37:50 AM
Cant we all just be friends! 

.... I guess i'm not helping... Wink

Yes.. you are not helping.  Fuck those various bcash shitcoins, and any other shitcoins that you might be supporting, sgbett.  Tongue

It’s funny back when I held BTC before it split I actually had more alt coins “just in case” (ETH, LTC, FTC, MCO, NMC, ANC, RVN & PGN) I’ve sold them all because all altcoins are trash and a liability. majority will be shut down BTC included, and there has been ample warning. Everyone thinks they will be the one to get out in time.

Lol, good luck.

Sure, many BTC HODLers are likely willing to hold their BTC to zero if necessary, but that still does not seem to be a likely outcome.. so you seem a bit pie in the sky, if you believe that BTC is getting shut down any time soon, at least in terms of what investors of today should be thinking about in terms of their investment strategies and allocations into BTC.

So, yeah, I am not sure what is so funny about your purported allocations of a large amount of your value in shitcoins as compared with BTC.  Only seems to show that you had already been predisposed towards believing in shitcoins of various sorts rather than really seeming to understand, recognize or appreciate the various value propositions of bitcoin.

Sorry I wasn't clear. What I meant was that I had more alt coins back in 2015 then than I have now, but these were only ever a fraction of what I held in Bitcoin.

So you could say I've gone from being ~95% Bitcoin to 100%.

Huh?   You no longer hold Bcash crap?  I thought that you own Bcash?  bcash is not bitcoin... unless I am misunderstanding you?
9816  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2020, 08:00:31 AM
insert after labor day the capital will come flooding in meme

We will see a massive influx in next month I agree. This is the real shmita will come this September.  

Also with massive censorship going on coins like LBC will explode. InfoWars journalist who was arrested posted to LBRY last night so their video could not be taken down or demonetized. This is causing mass influx of newbies to crypto. Even Tim Pool and Peter Shiff are using it and earning crypto for their video content.

What is the connection of your whole idea of your second paragraph to bitcoin, beyond possibly spurious and hypothetical? 

Are we really talking about bitcoin, here? or some other amorphous nonsense?
9817  Economy / Speculation / Re: Buy every dip! on: August 18, 2020, 07:56:05 AM
And in terms of fundamentals, everyone always returns from altcoins to Bitcoin once the bubble pops and the hype is gone. Nobody really believes in altcoins like they do Bitcoin. Wink

That's thanks to the Core developers' contribution to it's growth and development, and being conservative, and safe in their approach to focus on security, self-sovereignty, and censorship-resistance.

That's part of it, but attributing everything to the Core developers would be ridiculous. Bitcoin's monetary policy, first mover advantage, and network effect have a lot to do with it too.


The Core developers are a very large part of it though, maybe the majority. The design-decisions made, to focus on security, to make it robust and safe, and with small, almost close to none attack vectors.

I believe if the network actually forked to S2X, Bitcoin would be dead. I truly believe that. A big part of its success is thanks to Core.

I largely agree with what you are saying, Wind_FURY; however, the s2x dispute was NOT merely some kind of fluffy technical change, even though, sure that technical change would not have been a very good precedent to set forth.

In my thinking the S2X was more about an attempt to change how consensus would have been achieved in bitcoin and therefor an undermining of bitcoin in such a way that would cause it to be much easier to change, and I am not sure if the developers get complete credit for that, but probably a lot of user sentiment that realized that S2X was a kind of bullying attempt ... which likely caused more backlash from the users.. and sure it seems that bitcoin did get stronger from fending off such bullying attack and seems that the users learned that there was a certain kind of need to stand up for NOT allowing changes to happen in bitcoin in any kind of easy-peasy way.
9818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2020, 06:28:47 AM
Will the corrections be coming?

It's certainly coming... around 2022-2023...  Grin Grin Grin

Hehehe.  :)I mean , will there be recent corrections within this week? I am noob ...

Yes there will.


BTMFD.... noobie.   Tongue Wink
9819  Economy / Speculation / Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) on: August 18, 2020, 06:18:29 AM
Cant we all just be friends! 

.... I guess i'm not helping... Wink

Yes.. you are not helping.  Fuck those various bcash shitcoins, and any other shitcoins that you might be supporting, sgbett.  Tongue

It’s funny back when I held BTC before it split I actually had more alt coins “just in case” (ETH, LTC, FTC, MCO, NMC, ANC, RVN & PGN) I’ve sold them all because all altcoins are trash and a liability. majority will be shut down BTC included, and there has been ample warning. Everyone thinks they will be the one to get out in time.

Lol, good luck.

Sure, many BTC HODLers are likely willing to hold their BTC to zero if necessary, but that still does not seem to be a likely outcome.. so you seem a bit pie in the sky, if you believe that BTC is getting shut down any time soon, at least in terms of what investors of today should be thinking about in terms of their investment strategies and allocations into BTC.

So, yeah, I am not sure what is so funny about your purported allocations of a large amount of your value in shitcoins as compared with BTC.  Only seems to show that you had already been predisposed towards believing in shitcoins of various sorts rather than really seeming to understand, recognize or appreciate the various value propositions of bitcoin.
9820  Economy / Speculation / Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) on: August 18, 2020, 05:30:38 AM
Cant we all just be friends! 

.... I guess i'm not helping... Wink

Yes.. you are not helping.  Fuck those various bcash shitcoins, and any other shitcoins that you might be supporting, sgbett.  Tongue
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