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1521  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 05:57:14 PM
6770... Man I'm going to start touching myself here.....

Are there any shorts left alive at this point?

calibrate your datum of record to bitstamp please
Hm. I have been using Coinbase, it's pretty reasonable and not Finex (which for some reason is back in line this morning). Everyone loves stamp?

Concurrent with my recent public whinge over Coinbase's new fee structure, I undertook a survey of exchanges for me to deal upon. After concluding such survey, Coinbase remains my exchange of choice. Ergo, stahmp is irrelevant to me.

I can do the simple translation from stahmp to base prices. All y'all - to the extent you are interested enough to do so -- can perform the reflection.
1522  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 05:39:22 PM
I was told "biggest resistance in btc history" around $6k.   Grin

Well, it was.

Until it wasn't.
1523  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 05:34:28 PM
Despite your protestations, you have utterly failed -- in any manner whatsoever -- to describe any core plan for dealing with the negative effects of full blocks.

You are not the boss of me. 

True. You're gonna do what you're gonna do. And you're not gonna do what you're not gonna do. One of those items on the latter list would appear to be to provide a description of the core plan for dealing with the negative effects of full blocks. For you have yet to do so, despite your repeated false statements that you already have.
.

For low security transactions:  https://blockstream.com/2019/05/08/en-liquid-new-members-and-integrations/

Ah yes. The Core plan is to pay Blockstream for the privilege of using Blockstream's proprietary, permissioned so-called 'sidechain' (and falsely labeled as such, I might add) - a consequence mandated by Blockstream's crippling of the underlying public permissionless blockchain. If Blockstream doesn't kick you off Blockstream's said proprietary permissioned so-called 'sidechain'.

That's what you're going with?
1524  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 05:27:03 PM
During the last 5 months, I increased my BTC stash by... wait for it...

% fucking 50.

I would call it a win.

Fitty percent is unsneezeattable. Good on ya'.

Quote
One More Thing: FUCK TONE VAYS SIDEWAYS

Tone Vays is -- and has always been -- a non-entity. Why he has a ... 'following' is incomprehensible.
1525  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 05:22:18 PM
What is going on, this is crazy gentlemen.
1526  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 05:12:09 PM

Thank you Toxic

For me this remains the quintessential WO meme, and the highest form of the art to date.

Needs top hat, mustache, and monocle (this is gentlemen).
Riding bull (Lambo)
Paint train orange and put it on a roller coaster.
Rocket
...

Bawb might have been onto something with the banjo as well. While violin in classical music probably outnumbers fiddle in country, where else do you hear a banjo? (Bela Fleck excluded, of course).
1527  Economy / Speculation / Re: Banned dude projects Bitcoin bounce maybe to $10k, then renewed decline to $4600 on: May 11, 2019, 04:41:50 PM
Quote
You should link to my Steemit explanation and also include a copy of the chart image directly in the post. Here a direct link to the chart image:

https://i.imgur.com/dx9G5k8.png

1528  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 12:30:17 AM


is the guy on ignore by the majority?



yes
He talks about real facts that I do not want to hear because they turn my dreams into nightmares
No, I just want to understand.

False attribution is frowned upon in these parts.
1529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 12:28:43 AM
... I'm inclined to think anybody in bitcoin for longer terms would want to be in a buy to strong buy accumulation phase now or in the near future ...

... and they would want to have that accumulation phase wrapped up by April-May '19 time frame (12 months prior to halvening) to maximise the bottom scraping accumulation.

difficulty estimates crossing above difficulty from below ... the bottom is in. Price has once again gone down and found the true floor to cost of production. Some expensive miners went out of business, some weak hands miners dumped their stashes, some probably hedged forward and are fulfilling contracts at much higher prices. Bottom line is all excess production has now come on the market and been absorbed. Bitcoin's next trick, if it repeats, is the rising prices revives latent demand ... into a tightening supply situation.

I'm not saying i told you so ... but ... the April-May date was called for end of accumulation and beginning of rise, bottom was called in mid Dec.

Good call.
1530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 12:25:05 AM
is [rebal] on ignore by the majority? was not aware of it.

Yes, please save us by not quoting him.  Thank you. 

What? Did I say something wrong?

I'm gonna try to help you here. Why, I do not know.

Yes - you have made some number of posts here, most or all of which I seem to recall reflect an ignorance of how Bitcoin actually operates. I quite frankly don't recall the bulk of them, but such is the impression I have.

As just the latest example, there is a huge difference between an exchange rolling back internal txs in order to rescue customers, and the blockchain being rolled back in order to rescue the exchange itself. The recent Binance statement from CZ postulated the latter - which upon later reflection CZ realized was intractable (duh). You seem to be conflating this with the former. This is a pedestrian misunderstanding that could be rectified by even the most cursory familiarization with the situation.

I would suggest some study of Bitcoin operation before making further blanket assertions.
1531  Economy / Speculation / Re: Banned dude projects Bitcoin bounce maybe to $10k, then renewed decline to $4600 on: May 10, 2019, 04:42:02 PM
I received this today from Shelby via PM. Submitted here without commment for your consideration:

Quote from: Shelby_Moore_III_
I written detailed analysis in my protonmail to several of you. But some of you are not in my trusted discussion group.


Bitcoin beginning a parabolic moonshot! Altcoins may crash now until later this year!



Here are the various projections I have for the new ATH price around March 2020:

1. $1154 ÷ $260 × $19666 = $87287     ($260 #3 on April 10, 2013)
2. $1154 ÷ $63 × $3122 = $57187       ($63 long-winded bottom after #3 in 2013)
3. $31 ÷ $1.10 × $19666 = $554223     ($1.10 #3 on Feb 10, 2011)
4. $32 ÷ $0.70 × $3122 = $142720      ($0.70 long-winded bottom after #3 in 20131)

($1154 for #5 and #1 on Nov 30, 2013, Bitstamp, projected to early March 2020)
($32 for #5 and #1 on Jun 8, 2011, Bitstamp, projected to early March 2020)


5. Drawing a line through the #3 in 2011 through the #3 in 2013, also runs through the #5 and #1 on Nov 30, 2013. Drawing a line through the #3 in 2013 through the #3 in 2017, project to approximately $133,000 for the #5 and #1 posited to occur March 2020.

6. A Markov model predicted the volatility range for Bitcoin in 1 year between $3k (our bottom) and $82k:

https://www.quora.com/What-is-the-bitcoin-price-prediction-for-2019/answer/John-Young-390

Here is some more on that:

https://medium.com/@VidrihMarko/bitcoin-2020-at-one-million-is-this-really-realistic-ca8992a23fbf

7. Let’s consider John Mcafee’s unspecified model:

https://micky.com.au/russian-economist-insists-us-sanctions-will-push-bitcoin-to-2m/

https://bitcoinexchangeguide.com/john-mcafee-says-point-set-technology-puts-bitcoins-price-at-least-1-million-by-end-of-2020/

https://twitter.com/officialmcafee/status/887039604846714881

https://twitter.com/officialmcafee/status/1124436476962516994

Also realize his $1 million prediction is by the end of 2020, but he not considering the volatility in the price:

https://twitter.com/officialmcafee/status/938938539282190337

So crash in the price before the end of 2020 could derail his bet, even though in terms of fundamental valuation he might be correct.

But how could Mcafee be correct? Now look again at @infofront’s chart:

https://bitcointalk.org/index.php?topic=4919568.msg44351466#msg44351466


And read my reply to John Mcafee:

Quote from: https://twitter.com/iamnotback/status/1126843991637409792
If that #3 – #5 (2018–2020) is extension of #1 (≤ 2010) – #3 (2017), not #1 (2014)? (c.f. linked chart)

Quote from: https://twitter.com/iamnotback/status/1126845026716094464
Notice that #1 – #2 has a less steep slope than #3 – #5, thus returning to the rate of ascent of < 2011 for the coming #5, topologically connects patterns within patterns. Nature is fractal.
1532  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2019, 03:55:30 AM
Stiller and Meara
1533  Economy / Scam Accusations / Re: The 94% Con by Jon Montroll on: May 08, 2019, 02:41:21 AM
... the news wrote about Jon trying to pay his creditors and needs more time to do so, which is why he should not go to jail instantly or so.

It is _so_ cute how you still cling to the fantasy that Montroll gives a shit about trying to pay back those whom he has defrauded.
1534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2019, 06:35:03 PM
cringe/vomit Cheesy

Reaction unsurprising. Fluff, but moderately entertaining. Fringe benefits for some.
1535  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2019, 06:23:55 PM
Is there a Dutch word for 'fuckery'?

Afgang ore rotzooi.  Smiley

tyvm^ edit: wait what Huh

Fuckery synonym;

Afgang ---> failure.

Rotzooi ---> garbage.
sounds more like 'fucked-ness' or uselessness
fuckery is ~=shenanigans or devilry but ruder obviously

edit: i see the internet dictionaries have both meanings active/passive. meh, fuck 'em
fuckery = manipulation to me

I understand you've not read the 50 Shades trilogy.
1536  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2019, 06:22:05 PM
Is there a Dutch word for 'fuckery'?

V8 = closest to it
rude
thought we were mates Sad

Fuckery is the sincerest form of flattery.
1537  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2019, 06:15:21 PM
Quote
I’ve identified three credible estimates of Bitcoin electricity use that agree with each otherwell—Bevand, Vranken, and Krause and Tolaymat—and three others that have seriousissues—O’Dwyer and Malone, Digiconomist, and Mora et al. The latest estimate from one ofthese credible sources is about 5 GW of power use globally on June 30, 2018, with someindications that electricity use started falling around that time, due to the collapse of Bitcoinprices in early 2018. If converted to annual electricity consumption, 5 GW represents 44 billionkWh (44 TWh), or about 0.2% of global electricity use.
https://coincenter.org/files/estimating-bitcoin-electricity-use.pdf ^

-just another 50.8% needed to be safe

https://bitcointalk.org/index.php?topic=520977.msg7748687#msg7748687
1538  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2019, 06:09:04 PM
inertial dampers offline

hull breach on level 59

Simply an opportunity for volatility harvesting.
1539  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2019, 03:46:40 PM
Howdy?
$5962 observed.
Waiting for crossing $6k. Capitulation bros will join again  Cheesy

At 6125, I get to exhale. Been holding my breath since November.
1540  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 06, 2019, 08:54:58 PM
A horse has less moving parts than a Ferrari... 

False statement is false.
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