Bitcoin Forum
May 06, 2024, 06:16:02 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 [43] 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 ... 512 »
841  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2023, 01:53:02 AM

...snip...


I think if you really consider to get your ass frozen and revived in the future, you will be kindy born again, but without personality. There is biochemistry involved, and afaik the process is stopped when you get frozen. So, there's Hal, revived, with cottage cheese in his mind, to a yet unknown extent. I am not sure if i would want that to happen to me.
For me, YOLO is not only the motto of a questionable generation of growing-ups, but it's something i consider as literally true.

Apart from that, i do and will teach my children that BTC is not the kind of investment it is usually compared to in the world of normal people. A way to independence. I will ask them each if they would sell their independence for money at some point in the future.

Good thoughts you started there in my mind with this posting.

I really don't want to press the frozen body issue, but I have no doubt that it would be possible, eventually.
As an example, here is a vid of bats, apparently being frozen solid during our recent freeze and then re-animating.
I don't think that their "personality" was affected, but i cannot really ask  Grin
https://youtu.be/ckq8KCOdgzM?t=53
Same for the gekkos in my backyard...I noted the location of a "frozen" gekko...then warm temperatures came and it was gone back to regular "business" of eating ants and pill bugs.

But, as you said, education is a more immediate need.

I am not sure how much of a personality a bat has, but it's a distinct property aside from eat/shit/replicate manners of most lifeforms  Wink
Reanimate a frozen dog. If it is able to recognize its holder, and shows the same personality (like shitting in the same old spots), i would have to reconsider...

Obviously, dog re-animation is not yet possible. If you can do it for a dog, you would 100% able to do it for a human (not much difference in basic biology there).
However, there is no principal impossibility of memory preservation in a frozen state.
Here is one experiment...please don't poo-poo little worms...they taught us a lot and, basically, show us they way to research on bigger organisms.
https://www.dailymail.co.uk/sciencetech/article-3107805/Could-brains-stay-forever-young-Memories-survive-cryogenic-preservation-study-shows.html
842  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2023, 11:53:45 PM
Here is something I was pondering recently:

Let's say that in 10 years bitcoin would be very valuable and the WO long term members would age and would be at or contemplating either retirement or inheritance problems.
In my opinion, we should start preparing our next of kin on how to deal with forms of wealth, like bitcoin, with which most financial advisors are unfamiliar with.

M. Saylor makes an analogy between bitcoin and Manhattan's real estate.
What I am getting to is this: it seems silly to 'allow' your inheritors to convert inherited bitcoin to cash knowing that bitcoin is likely to be more valuable in the future.
Once the family 'loses' bitcoin, it is unlikely that they ever get it back.
Therefore, family education on bitcoin properties and understanding it's value will be very important going forward.

Additionally, there are two very well funded companies employing brilliant scientists (best money can fund) tasked with working on the "problem" of aging.
Apart from the "simple" life extension, Hal Finney, btw, flash-froze his body (or maybe just head, it is a bit cheaper).
Who knows, he might be coming back in 100-200 years.
While doing inheritance, maybe some ought to consider making similar arrangements and then have the legal mechanism in place to resume ownership (of at least part of the funds) if some re-animation would be possible in the future.

I think if you really consider to get your ass frozen and revived in the future, you will be kindy born again, but without personality. There is biochemistry involved, and afaik the process is stopped when you get frozen. So, there's Hal, revived, with cottage cheese in his mind, to a yet unknown extent. I am not sure if i would want that to happen to me.
For me, YOLO is not only the motto of a questionable generation of growing-ups, but it's something i consider as literally true.

Apart from that, i do and will teach my children that BTC is not the kind of investment it is usually compared to in the world of normal people. A way to independence. I will ask them each if they would sell their independence for money at some point in the future.

Good thoughts you started there in my mind with this posting.

I really don't want to press the frozen body issue, but I have no doubt that it would be possible, eventually.
As an example, here is a vid of bats, apparently being frozen solid during our recent freeze and then re-animating.
I don't think that their "personality" was affected, but i cannot really ask  Grin
https://youtu.be/ckq8KCOdgzM?t=53
Same for the gekkos in my backyard...I noted the location of a "frozen" gekko...then warm temperatures came and it was gone back to regular "business" of eating ants and pill bugs.

But, as you said, education is a more immediate need.
843  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2023, 09:58:09 PM
Here is something I was pondering recently:

Let's say that in 10 years bitcoin would be very valuable and the WO long term members would age and would be at or contemplating either retirement or inheritance problems.
In my opinion, we should start preparing our next of kin on how to deal with forms of wealth, like bitcoin, with which most financial advisors are unfamiliar with.

M. Saylor makes an analogy between bitcoin and Manhattan's real estate.
What I am getting to is this: it seems silly to 'allow' your inheritors to convert inherited bitcoin to cash knowing that bitcoin is likely to be more valuable in the future.
Once the family 'loses' bitcoin, it is unlikely that they ever get it back.
Therefore, family education on bitcoin properties and understanding it's value will be very important going forward.

Additionally, there are two very well funded companies employing brilliant scientists (best money can fund) tasked with working on the "problem" of aging.
Apart from the "simple" life extension, Hal Finney, btw, flash-froze his body (or maybe just head, it is a bit cheaper).
Who knows, he might be coming back in 100-200 years.
While doing inheritance, maybe some ought to consider making similar arrangements and then have the legal mechanism in place to resume ownership (of at least part of the funds) if some re-animation would be possible in the future.
844  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2023, 09:40:03 PM
@jjg...when someone says that something is 1000 times better than the other "thing", it does not mean that the price has to be 1000 times higher, though.
Gold is at 12.7tril ($12.7X1012).
1000X is a nonsensical number of 12.7 quadrillion with total world's wealth at "only" 463 trillion.
Sure, we can talk about prices and world's wealth being much higher in 100 years, but I prefer to focus on something more achievable for now-gold's market cap.
Only about 28X to achieve that, should be doable in, say, 6-7 years (by the top of the next cycle, not this one).
845  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2023, 06:36:56 PM
Are we Bulls again?

always...long term

<snip>

TMI, bro...haha
846  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2023, 06:00:17 PM
Ain’t it strange that the price is not falling despite the Genesis news?

Maybe this has something to do with it.

https://www.bbc.com/news/technology-64338010

Quote
Bankrupt crypto exchange FTX's new chief executive, John Ray, is looking into the possibility of reviving the platform.

He told the Wall Street Journal (WSJ) that he has set up a taskforce to explore restarting FTX.com to "recover more value" for people who lost money.

Quote
Mr Ray is exploring the idea of resurrecting the platform instead of simply liquidating assets or selling the platform, according to the WSJ report.


https://finance.yahoo.com/news/lithosphere-litho-blockchain-developer-plans-060000354.html

Quote
Seattle, Washington--(Newsfile Corp. - January 19, 2023) - Lithosphere blockchain core developer KaJ Labs is willing to help Digital Currency Group (DCG) with its insolvency issues by extending a credit facility of $830 million.

The food can become shit but shit can't become food.

hmm..shit literally becomes food in some situations...ask any farmer.

that said, I don't care about future of FTX one bit and so will other people with any residual memory of 2022 happenings.
One additional comment: the field as a whole shot itself in the foot with hypefinancialization.
It seems that almost no lending company left standing apart from small Nexo (so far) and maybe Galaxy Digital, which shriveled, but not died.
It might be good for bitcoin in longer term, though.
847  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2023, 05:41:11 AM
Ecclesiastes 3:1-8

For everything there is a season, and a time for every matter under heaven: a time to be born, and a time to die; a time to plant, and a time to pluck up what is planted; a time to kill, and a time to heal; a time to break down, and a time to build up; a time to weep, and a time to laugh; a time to mourn, and a time to dance; a time to throw away stones, and a time to gather stones together; a time to embrace, and a time to refrain from embracing; a time to seek, and a time to lose; a time to keep, and a time to throw away; a time to tear, and a time to sew; a time to keep silence, and a time to speak; a time to love, and a time to hate; a time for war, and a time for peace.


 The Byrds - Turn! Turn! Turn!

 RIP Mr. David Crosby  Cry

thanks...checked that song and the tube provided dozens of links to other great oldies...and I thoroughly enjoyed them all.
RIP, indeed.
848  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2023, 04:05:45 AM
... It wouldn't surprise me if the next month or two saw Bitcoin rally again to $25,000 over $30,000.  

imho

up to 40-50K is possible if we get very LOW inflation reading.
849  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2023, 03:54:58 AM
When Peter Thiel was selling in March, he was publicly saying that bitcoin could go up 100X (from then $44K). They all tout their positions when they sell.
Now, it is being widely reported that he sold.
What does that tell you...he is probably buying back and could get his position fully back and still have $1bil in booked profits.
Btw, didn't someone buy $4bil in btc futures recently?
Hehe
850  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2023, 02:30:08 AM
Making money trading is VERY difficult, especially if someone is involved in short term trades.
Medium to longer term-you can try, but traders almost always sell longs too early and hold on to losing trades for too long, hence the losses.
It's basic human nature, which is very difficult to fight.

Another common situation is when a person buys a position, then rides it down a lot and then, when it finally starts going up, sells at a breakeven price, thinking "at least I did not have a loss".
However, it is exceedingly unlikely that the price trend would turn on a dime exactly at his/her buy point...but it always feels this way, ain't it?
851  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2023, 06:41:08 AM

price has increased 12 days in row


https://twitter.com/DocumentingBTC/status/1614782378416775169


every time these streaks were followed by a massive bullrun to a new ATH within the next half a year...  let's see let's see   Wink

Straight 8 green weekly candles in Oct-Nov 2013 (from $143 to about $1200).
Now, THAT was a pump (%-wise).
Of course, with btc at about $400 bil mcap, I don't expect 700% in a few weeks  Grin
852  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2023, 05:56:34 AM
Too bad ChatGPT membership is now closed (who knows for how long).

At least, I have my WO 'membership' where I can partake in ChatGPT "funnies", albeit without an ability to ask for some myself.

BTW, it would make a perfect sense for some AI to make a play to accumulate bitcoin...just in case, lol.
853  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2023, 08:42:44 PM
The macro question is: how much the US will get f-ed up by a self-imposed debt ceiling situation.
Mind you, I don't think that debt ceiling per se is something bad...it is just the way they are talking about 'solving' it might bring attention to the size of that debt and the consequences of it.

Here are some background stories from the "right" and "left", respectively:

https://news.yahoo.com/house-republicans-prepare-emergency-plan-000250667.html

https://newrepublic.com/post/170016/mint-trillion-dollar-platinum-coin-dark-brandon

And here is....Davos/WEF/etc, etc.:

https://dnyuz.com/2023/01/14/davos-confronts-a-new-world-order/

Perhaps, both the latter and the former explains upcoming btc surge.

The Times They Are A-Changin':

https://www.youtube.com/watch?v=90WD_ats6eE
854  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2023, 06:11:33 PM
This liftoff has a lot of similarity to April 2019.
In 2019 the initial pump was from about $4K to $5.2K, then continued to $13.8K.
If we literally translate %, then initial spike (from 16.69K to 21.05K) was similar-26.7% in 2019 and about 25.8% here.
In 2019 the "pump" continued for another 166%, and with similar percentages we would be at $55.8K at the "local" pre-peak this year.
That would be tremendous, but kind of high end of my expectations for this early in a bull cycle, unless this bull will be much stronger than 2019-2021.
Length-wise, if we repeat (it was 3mo minus 5-6 days in 2019), in would be over by about last week of March-first week of April.
Since March 31 is the end of Q1 and April 15-18 is a typical tax day in US (this year it is on 18th), it is kind of logical to expect something in that vicinity.
855  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2023, 05:57:35 AM
...
A biological fact: only 3% of bird species have penises (a strange fact), ...

What do they have instead of penises?

rub their cloacas...kind of messy, but works for them, lol
it's bizzaredly called 'cloacas kiss'... just biology, mind you, and shows that nature is inventive.
856  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2023, 05:23:59 AM


A nice bulge...in bitcoin...

A biological fact: only 3% of bird species have penises (a strange fact), but ducks is one group of birds which does.
In fact, one particular duck, Argentinian lake duck (Oxyura vittata), had a 42.5cm (16.7in) one (not bad for a bird of the same size as it's ...).
Here is something more detailed:
https://cosmosmagazine.com/science/biology/the-size-of-a-ducks-penis-depends-on-the-company-it-keeps/
857  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2023, 12:46:38 AM
21k!!!

What is going on?!?!? (not that I'm looking the gift horse in the mouth or anything like that)

Actually, quite interesting...both gold and btc (more) are rallying due to debt ceiling vibes?
I was on record here somewhere that the initial pump would be earlier than in 2019 (more like Q1-endish local peak) vs Q2-end in 2019, but this is better than expected
858  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2023, 12:45:26 AM
So we above 20k again


You meant 21?  Grin
859  Other / Archival / Re: [POLL]What do you expect from Bitcoin in 2023? on: January 12, 2023, 05:46:40 PM
Up only!  So far 2023 is turning out to be as predictable as the other rallies off the bottom.  I don't understand how traders could follow anything but the 4-year cycle at this point.  It's been demonstrated over and over again, but for whatever reason people want to trade the little news ticks back and forth with each other.  It really doesn't have to be so stressful guys.  Sell every 4 years, buy every 4 years and you'll do great.  Try to trade every little news article and you're going to lose your ass.  Buy now, sell in 2025.  It sounds so simple but yet so many people will miss the trade...

4 year cycle is still holding, but 2025 might be too imprecise as 2017 had a 20X variation in price within the year.
I would says what i expect the peak earlier than December of 2025, maybe again a double hump with the second hump lower (not higher) with the first hum coming by around the end of Q1 2025 (slightly earlier because the cycle is NOt exactly 4 year and we are expected to shift to march from prior halving being in may). For once, I don't believe in lengthening of cycles.
860  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2023, 07:04:22 PM
FTX have found some "change" in the couch:

https://www.wsj.com/articles/ftx-says-it-has-located-more-than-5-billion-in-cash-liquid-assets-11673452986

facepalm
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 [43] 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 ... 512 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!