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2001  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2021, 01:04:16 PM



A friend just bought this one..... cool isn’t it

 Very cool.

 
2002  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2021, 06:49:40 AM
Space elevator: the noob Newtonian dabbler in me has a question.

Won't a sufficiently high/massive elevator slow down this mudball's rotation? As in, longer days? Conservation of angular momentum and all that. Please make me feel safe again. Thanks.

If it was that heavy, what do you propose to anchor it to?  A large tent peg?

 
2003  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2021, 01:17:54 AM
my brother wanted to sell me his 'used' tesla a 1.5 years ago? 2 years...I just remember it was 7.5 BTC...I probably would have done this IF he would have

kept the BTC...I'd be sad ..but at least the brother would have some BTC. But 'missed that bullet' sheesh...7.5 BTC for such...I would be 'sad' now...very, very

sad.... so HODL. Smiley

Was paying my kids .1btc to rake the yard years ago. They are happy now.

I remember signature campaigns that paid 0.1 BTC per week....remember PayCoin? Before GAW went completely rotten?

I THINK I got 0.33 BTC for running their chain for a week or so ..so they could setup POS with my 2013 KNC Jupiter Miner I had to 'dust off' after a couple years..the

last hurrah...everyone mined for PayCoin...I mined it on some exchange for BTC direct..


Wow....hell I used to send you like 1.5 BTC to fix various lots of KNC equipment ....hope you kept it Smiley

Brad



 lol GAW "went"
That's the one scam that never suckered me in with their pretty pictures of nonexistent mining devices.


That was that Josh Garza fucker yeah? He ended up going to jail didn't he?

 He got sentenced to less than 2 years so he's probably out on his 3 years of supervised access now.  Too bad all the scammers dont get caught.
2004  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2021, 10:28:19 PM
my brother wanted to sell me his 'used' tesla a 1.5 years ago? 2 years...I just remember it was 7.5 BTC...I probably would have done this IF he would have

kept the BTC...I'd be sad ..but at least the brother would have some BTC. But 'missed that bullet' sheesh...7.5 BTC for such...I would be 'sad' now...very, very

sad.... so HODL. Smiley

Was paying my kids .1btc to rake the yard years ago. They are happy now.

I remember signature campaigns that paid 0.1 BTC per week....remember PayCoin? Before GAW went completely rotten?

I THINK I got 0.33 BTC for running their chain for a week or so ..so they could setup POS with my 2013 KNC Jupiter Miner I had to 'dust off' after a couple years..the

last hurrah...everyone mined for PayCoin...I mined it on some exchange for BTC direct..


Wow....hell I used to send you like 1.5 BTC to fix various lots of KNC equipment ....hope you kept it Smiley

Brad



 lol GAW "went"
That's the one scam that never suckered me in with their pretty pictures of nonexistent mining devices.
2005  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 06, 2021, 05:28:44 AM


Thats not a FIAT, it's an ABARTH. (at least the logo)



Ugh. Right you are. Search lied to me and I picked it cause it was the most photogenic. Sad


since abarth was bought by fiat in 1971, you were not really wrong. dirty fiat is dirty fiat.

 I see what you did there.   Cheesy
2006  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2021, 10:54:19 PM
I'm with the other guy who thinks we should be grounded in reality for now. Space elevators are fun and all, but we could still cover a lot of surface area on the planet, maybe even in the oceans, for plenty of solar panels / arrays to power the world (or a bitcoin miner.)

I found this before: https://landartgenerator.org/blagi/archives/127



So it's not updated, but you can line up a whole bunch of solar panels near the equator and not much is needed to power the world (not including bitcoin miners) ...

That article also discusses wind power and hydroelectric power.


Edit: here is another one just for bitcoin.

https://landartgenerator.org/blagi/archives/5697



Well I have been in similar discussion with friends who still didn’t accept Bitcoin yet. So one time we discussed that it’s a fact tha a SME (coronal mass ejection) is a serious threat to humanity. And if it happens it will be a complete blackout for days, months or may be years. In such a mass disaster what will happen to Bitcoin?? when this whole Bitcoin echo system needs so much energy and constant internet connection  how Bitcoin will survive? Whereas paper money or gold can still be valued and used in such scenarios like nothing happened.

Well lets see, assuming mass CME lasting 24hrs to cover all of earth, power grid is fried, nuclear power plants shutting down some blowing up cause their redundant safety mechanisms are fried, some nuclear weapons/ships/submarines/planes might go boom, satellites supposed to have some protection but chances are won't hold up to such massive CME so GPS and SAT communications are done, planes falling out of the sky, mass hysteria, supply chains disrupted shortages of food widespread, armies are reduced to few guys running around with guns, ATMs are used for target practice etc, etc, etc... and you think i'll accept your monopoly coupons or shiny metal for this chicken that i'm trying to sell because i need more ammo? If such major disaster happens BTC would be the last of your worries. On a bright side surviving society's priority would be restoring the internet, once that's back up BTC would be the first one to come back online before any bank or ATM will start working.

 It doesn't even matter if you would accept the monopoly money for your chicken because there isn't enough of it around anymore. Most people currently use electronically transmitted digits that represent monopoly money and have little if any paper money on hand.
2007  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2021, 04:37:56 PM


That means that you sold at some point. Cheesy Cheesy ... Motherf^cker, and I'm the one only getting all the heat. Cheesy Cheesy

 You're mistaken.  That's not supposed to be me.  It's no secret who is buying the dip to keep the rest of us safu!!
2008  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2021, 12:36:49 PM

 That's not just 'a' cock; they call him mister cock.


2009  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2021, 05:08:45 AM
We don't need no stinkin' asteroids - there's a mountain of gold in the Congo!

https://www.bbc.com/pidgin/tori-56263481

 Ruh Roh Peter Schiff!
2010  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 05, 2021, 04:24:08 AM
2011  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2021, 08:56:27 PM
Price going down yo!

 You have the most succinct TA of anyone here.
2012  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2021, 08:54:24 PM
Just produce stuff off-planet and send it in. Launch trash towards the sun.

Ironically, it takes a lot of energy to drop stuff into the sun.

 Ah, just leave it on earth and it will eventually be gobbled up and vapourized.  No need for drastic measures now.
2013  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2021, 11:37:50 AM

 You probably are something that didn't agree with you.

Or it might go just to $46K < > $47K and then to $52K again. And just do a ping pong for a few days and then sideways. Or the most obvious, correction to $30K < > $39K. Smiley  Roll Eyes  Roll Eyes

 I meant to type the word 'ate' and when I realized my error I tried to edit the post but deleted it instead.  At that point, I decided it wasnt worth pursuing anymore.  I thought it happened quickly but you were quicker.

 Long story short - that quote conveys a meaning I never intended.  Sorry.
2014  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2021, 11:08:52 PM
Elwar, say it aint so?

... sold out bulls have made the worst trolls.

... hoping he hasn't go full fiat ... never go full fiat/retarded



... fiat is a mental illness, a brain cage to enslave you to the beastly system

No man, I found this great new token that's going to be the next Bitcoin but shinier. It will have longer addresses and there will be MORE coins. Only 90% pre-mine with trillions of coins remaining.

This is going to be HUGE!

Merdecoin...it's the future!

I want in!!


2015  Bitcoin / Bitcoin Discussion / Re: 21 million is it just a pointless number and nothing to do with scarcity? on: March 01, 2021, 08:17:33 PM
I watch videos and read websites about Bitcoin and they mention the 21 million limit to make it sound very scarce. But since there are 100 million Satoshi in a Bitcoin it doesn't seem scarce to me.

I mean if it was 2.1 million Bitcoin and 1000 million Satoshi or 210 million Bitcoin and 10 million Satoshi it changes the scarcity push.

There are 2,100,000,000,000,000 Satoshi, so if 100 Satoshi (or in tradition money standards 100 pennies), that would mean 21,000,000,000,000.00 Bitcoin. 21 Trillion Bitcoin doesn't sound so scarce now does it...
Not sure if you are complaining or compliment. The best feature that bitcoin has is its decentralization and limited supply.

Not at all and I will sell you as many as I can for a buck a piece.  Deal?


But right now 2,100,000,000,000,000 Satosh = $48,000 which means you are asking too much. Maybe after a few decades OP will gladly accept it :-D



 I wont complain if he wants to pay me a buck a sat now.
2016  Bitcoin / Bitcoin Discussion / Re: 21 million is it just a pointless number and nothing to do with scarcity? on: March 01, 2021, 07:03:36 PM
I watch videos and read websites about Bitcoin and they mention the 21 million limit to make it sound very scarce. But since there are 100 million Satoshi in a Bitcoin it doesn't seem scarce to me.

I mean if it was 2.1 million Bitcoin and 1000 million Satoshi or 210 million Bitcoin and 10 million Satoshi it changes the scarcity push.

There are 2,100,000,000,000,000 Satoshi, so if 100 Satoshi (or in tradition money standards 100 pennies), that would mean 21,000,000,000,000.00 Bitcoin. 21 Trillion Bitcoin doesn't sound so scarce now does it...



 Not at all and I will sell you as many as I can for a buck a piece.  Deal?
2017  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2021, 06:39:57 PM
Feels as if we are ready to test new highs. I’m calling new ATH within 2 weeks, who’s with me? Beers are exhausted, we’re within touching distance of $50,000. The correction to $43,300 is already greatly recovered, weak hands are shaken & it’s time to restart the pump engine.

 You must pace yourself young Padawan.  I still have several beers in the fridge.


2018  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2021, 06:10:46 PM
I like the "Bitcoin is rat poison" quote. Also from Warren I believe  Cheesy

How you view that depends on if you are a rat or not, I guess.

ROFL!!! Never looked at it that way  Grin

 I'm pretty sure rat poison has been keeping my dad from having a stroke for several years now.

  Funny thing is Warren's Berkshire Hathaway owns 33 million shares of Bristol Myers Squibb which is the maker of Coumadin (a blood thinner) which is the brand name for its version of warfarin which is rat poison yet he doesn't want any bitcoin because it is - in his words - rat poison squared.  With BMY making up a little over 0.75% of their holdings, I guess Berkshire Hathaway doesn't have any room in its portfolio for the more profitable version of rat poison.  He's almost correct but the "squared" part is an underestimation, if BMY=rat poison then bitcoin would be (rat poison)n where n ≫ 2.  BMY has only risen from about $20 in 2009 to about $62 today.


2019  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2021, 03:50:07 PM


 It looks like if I make 2 hats this month, we could hit 100k+
2020  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 01, 2021, 03:42:09 PM
E-commerce giant Rakuten now lets users shop with Cryptocurrency.

https://www.coindesk.com/e-commerce-giant-rakuten-now-lets-users-shop-with-cryptocurrency

 A "racket" is a dishonest or deceptive, moneymaking scheme and that was the first thing that came to mind when I heard the name Rakuten.  Yeah I know it's a Japanese word but I think it wasn't well though out for a global marketplace and even if they are accepting bitcoin, I'm taking a pass.  It reminds me of Sam&Ella's Chicken Palace and likewise, if they begin accepting bitcoin, I'm not going there.



 

 
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