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1261  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2019, 09:49:57 AM
 Grin Cheesy
1262  Economy / Speculation / Re: If bitcoin were more than 100K, how much you would buy? on: January 30, 2019, 09:49:18 AM
The question is an emotional fallacy. 100K is a lot of money but has nothing to do with it's potential. Price is irrelevant.

The real question is: Do you believe in Bitcoin either as currency or as an investment?
1263  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2019, 09:33:46 AM
1264  Economy / Speculation / Re: How much Bitcoin price Expected end of this year on: January 29, 2019, 01:49:56 PM
Difference between gambling and Bitcoin.
- With gambling the house always wins.
- With Bitcoin there is no house.

I think the volatility has to do with Bitcoin attracting gamblers....  Smiley
1265  Economy / Speculation / Re: 🔴 🔴 Bitcoin to a Gogol Dollars !!!! ⭕ ⭕ on: January 29, 2019, 12:26:54 PM
I think we need US hyperinflation to get into the Google-Dollar range Smiley
1266  Economy / Speculation / Re: Bitcoin $400,000 Says Investing Guru Mark Yusko on: January 29, 2019, 12:23:55 PM
This sounds a lot like the McAfee claim of 250k.... Too good to be true.

$40k would be nice in 2020
$100k would be nice in 2023

As stated before there is no basis for $400k and it's wishful thinking.

When you get down to it, there's no real basis for any valuation. We're all just trying to extrapolate based on the past, which we all know is bullshit in empirical terms. Or we're depending on Metcalfe's Law, which obviously isn't a law at all. We're all just guessing, taking shots in the dark.

The downside limit is zero. There is no limit on the upside. I've been toying with the idea that Bitcoin adoption represents an S-curve that hasn't gone vertical yet. If we hit $13 Million per BTC by 2023, I honestly won't be surprised. Wink

If we hit $13M per Bitcoin, I'll buy you a beer Grin
1267  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 29, 2019, 12:19:59 PM

Why "Fucking" jews?  Roll Eyes

But yes you would expect jewish people to find a cure for war first, since they are mostly dying from exchanging of missiles and bullets in their part of the world ...  Smiley
1268  Economy / Economics / Re: Former Fed chairmen confesses to be responsible for recessions. Tinfoil hats on! on: January 25, 2019, 09:38:39 AM
Haha. But is it really, more or less, "common knowledge" that the Fed is responsible for economic recessions? Then how come no politician is stopping them, or at minimum, put the issue in the spotlight?

The Fed would say, "But quantitative easing and rate hikes are to control the economy not to spiral out of control. Don't listen to those conspiracy theorists.". Cool

Quantitative easing is another word for printing money and accumulating debt. Usually done whilst people are on vacation.
The fancy name is used because otherwise it would initiate a death spiral.

1269  Economy / Economics / Re: Former Fed chairmen confesses to be responsible for recessions. Tinfoil hats on! on: January 25, 2019, 09:35:44 AM
1270  Economy / Speculation / Re: ichimoku cloud says 3100$ is the cheapest bitcoin will ever be on: January 25, 2019, 09:33:12 AM
I think most would agree that $3k is the current bottom.
1271  Economy / Speculation / Re: Bitcoin $400,000 Says Investing Guru Mark Yusko on: January 25, 2019, 09:28:13 AM
This sounds a lot like the McAfee claim of 250k.... Too good to be true.

$40k would be nice in 2020
$100k would be nice in 2023

As stated before there is no basis for $400k and it's wishful thinking.
I think it is positive FUD to get investors into the game so he can accumulate profits.
1272  Economy / Economics / Re: The Decline and Fall of the European Union on: January 24, 2019, 04:12:36 PM
Saying it's because of the currency is not only false, it's also stupid.

EU has dozens of problems:
-no common external policy
-no immigration policy
-no common taxation
-no common laws in general
-no common army
-no common executive
-no democratical system

Currency is just A PART of the problem.
Not the smallest one but still.

It seems that you have no idea or just hate the EU
OK I did a google and looked at the first hits

Immigration policy : http://www.europarl.europa.eu/factsheets/en/sheet/152/immigration-policy

Tax policy : https://europa.eu/european-union/topics/taxation_en
True that tax is based on the local government. The local goverment pays the EU. It's just a different system.
In US you have state and federal taxes which is basically the same system except that the EU has simplified the system.

Common legislation : https://eur-lex.europa.eu/browse/summaries.html

Common Army : No common army but our armies work together very well. This means all EU countries can work individually or as a team.

Common Executive : Nope we don't have an autocrat at the top. We have representatives in a european parlement.

EU is a democracy of democracies.

etc....
1273  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2019, 04:00:49 PM


The same amount as the Trump wall  Shocked
1274  Economy / Speculation / Re: We must work together to crash the price of all coins on: January 24, 2019, 03:09:21 PM
When Bitcoin goes up, OP will go all FOMO Tongue
1275  Economy / Economics / Re: How to grow bitcoin price to $176,190,476.19? on: January 24, 2019, 12:40:36 PM
~

Let's say 1 BTC = $1,000,000 then how much is the miner fee? hundreds of dollars?
~

Please correct me if I'm wrong, but I think that:

1. The minimum fee can be 1 satoshi/byte, and therefore if 1 BTC = $1,000,000, the fee for a typical Bitcoin transaction, ~250 bytes, can be $2.50

Code:
$1,000,000 / 100,000,000 sats = $0.01 per 1 satoshi

0.01 * 250 = 2.50


2. A miner who finds a block receives all the transaction fees and the block reward (12.5 BTC currently), so if 1 Bitcoin was $1 million, miners could start including transactions without any fees at all because the block reward (millions of USD in that case) would be enough.

As far as I know Bitcoin can be subdivided way lower than 1 satoshi without problems.
So 1 satoshi is currently the bottom but a change in the client can easily solve this is what I remember reading.
1276  Economy / Speculation / Re: Will Bitcoin go lower than 2k? on: January 24, 2019, 12:35:36 PM
It's safe to say we will be going sideways.
I don't see a mega dump happening anytime soon.
It is more logical for the price to start climbing.
1277  Economy / Speculation / Re: Why Bitcoin will pump like crazy on: January 24, 2019, 09:30:38 AM
Bitcoin pumps in the past are no guarantee for Bitcoin pumps in the future.

That said ... gimme a $100k Bitcoin pump NOW!!! Wink
1278  Economy / Speculation / Re: BTC To Under 100$ on: January 24, 2019, 09:22:55 AM
The US inflation and current president will make it impossible for Bitcoin to go below $100  Cheesy
I thought it was the investors that could keep bitcoin market price alive? I do not think that the president could influence the market price movement of the bitcoin. In fact bitcoin got 19k USD that was being recorded on 2017. There was no president who made the influence for that market price increase. So, do not be a hater with the president.

What I was trying to say is that the dollar will become worthless. As in $1M for a bread, etc...

As for the president he is killing the country and it's a shame. United States is a nice country and it's hard to watch it getting flushed down the shitter by someone who has the empathy of a brick wall.
As a European I feel for the people getting screwed over like the people working for the government.
1279  Economy / Speculation / Re: 2011 People Called Bitcoin's Price of $0.70 "Ridiculous"... on: January 24, 2019, 09:21:23 AM
I love reading their conversations. They belittled bitcoin so much and now look at where bitcoin stands. I'm pretty sure they have gotten themselves involve to bitcoin by now. It's passed 8 years now. One guy did plan to mine as much bitcoin as he can at that time, I wonder how he is doing now.



He's probably jailed for corporate theft.... or driving in a Lambo  Roll Eyes
1280  Economy / Speculation / Re: 2011 People Called Bitcoin's Price of $0.70 "Ridiculous"... on: January 24, 2019, 09:19:46 AM
I wish I was able to invest that time, I would have retired early and roam around the world.

There are loads of penny stocks you could invest in now and still become very wealthy.
In those days it looked like throwing away money. Those few that mined some coins for fun and forgot about it are the winners.

What I am trying to say is that it is easy to say those kinds of things after you know the outcome.
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