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1063
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 22, 2019, 09:58:02 PM
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No one is asking for life to be fair. It isn't.
Just don't deceive yourself that you hit a home run because you happened to be born on third base.
WTF are you talking about? Is there a point you are trying to make? Has something held you back in life? Is that your excuse? Do yourself a favor and don't make excuses for yourself or others. Lets hold ourselves accountable. Life works SO MUCH better than way. He's trying to explain to the dumbasses you are that saying something as stupid as "if you have time to complain you don't deserve to go up" that maybe, JUST MAYBE, there is a more systematic problem and that success is absolutely not linked to hardwork. Shut the fuck up and get your head out of your ass. Anyone saying that success is linked to hardwork deserves to be let alone in any third world country to see how their hardwork will be rewarded. Or in any poor family in any Western country. Assholes. Thank you. Am tired too by those pricks brainwashed by the system propaganda that explains that you need to be a shark or step on someone else to succeed. Me think they listened to too many yes man guru speeches spitting "conceive believe achieve" . While people are fighting each other like dumbasses, the evil reptilians are laughing hard eating caviar on a yacht planning the next global crisis. The recent Tucker Carlson speech got me thinking, and created tons of controversy among the right. Tucker: America's goal is happiness, but leaders show no obligation to voters. It's not often a conservative questions capitalism outright. He's right in that it's clear that the current system isn't working, and we're heading toward something very bad happening if we don't fix things soon. |
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1065
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 19, 2019, 03:48:51 AM
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It tells you when moon.
Half the posters on this thread tell you when moon, but they're usually wrong. Even a broken watch is right sometimes.  I am starting to believe that December 2017 might have been properly labelled as a "blow off top"; however, I still am inclined to believe that shit coins are coming along for at least one more btc pumpening, so in other words, the shit coins do not have to die nor be considerably demolished as a condition precedent for another BTC pumpening. That is my current tentative thinking, for whatever that is worth? I agree. |
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1068
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 18, 2019, 08:29:56 PM
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What do you like to play Bob?
I'm a Fortnite: Save The World mode junkie. It's my main jam. Level 114 or something. Beyond that, I'm really enjoying Path of Exile lately on PC. It's like Diablo 2, but way better, IMO. Oh, also entirely free to play. Available via Steam. Nice. I've been playing Grim Dawn, which is very much a Diablo 2 successor as well. I'm intimidated by PoE, but I'll have to try it sometime. |
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1069
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 18, 2019, 08:28:41 PM
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Renewing website SSL certificates is also a problem due to the shutdown. The forum's expires on 9 May 2019. Can the shutdown last that long? Nah. I was reading that the government will have to stop sending out food stamps in March. If "poor" people can't buy their lobster and filet mignon anymore, shit will really hit the fan, and a budget of some sort will get shoved through very quickly. |
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1070
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 18, 2019, 07:51:07 PM
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The grin mania is out of control.
I cant remember this enthusiasm for an ALT in this BTC wall observing thread.
Give it a week. Everyone will get bored and move on. I was just going to say, the only thing driving me to look into this Grin stuff, is sheer boredom at the moment with BTC price stagnation. Wanted to play some vidya on my studio game system, but decided to head to bed to play on muh lappy instead; leave the studio system mining Happybucks. What have we become ?!??? What do you like to play Bob? |
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1071
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 18, 2019, 07:48:00 PM
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Worth noting that Bitcoin inflation is currently 3.8% dropping to 1.8% in May 2020.
Right. That's the other reason I think people are overblowing the effects of the halvenings going forward. The inflation rate is already getting fairly low. OTOH even with decreasing inflation, the downward price pressure caused by miner selling keeps increasing in terms of fiat, due to the increasing price of BTC. 2019 18,100,400 3.9% (estimate)
2020 18,575,200 2.6% (estimate, halvening)
2021 18,912,700 1.8% (estimate)
2022 19,250,200 1.8% (estimate)
2023 19,587,700 1.8% (estimate)
2024 19,806,350 1.1% (estimate, halvening)
2025 19,975,100 0.9% (estimate)
2026 20,143,850 0.8% (estimate)
2026 20,312,600 0.8% (estimate) |
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1072
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 18, 2019, 07:27:10 PM
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Despite everyone's biggest fears that keep getting repeated ad nauseum, he flat out told people not to invest in it now seeing as how 60 coins are produced every 60 seconds and its highly experimental, unproven software that may have zero value in the future.
Some people have said that you'll need to wait like 3 years before it escapes from its inflation pit, but keep in mind that Bitcoin's inflation-rate-over-time was roughly the same in its first 4 years; such high initial inflation is why you saw people buying pizzas for 10k BTC like it was nothing. But growth, if it occurs, can overcome even pretty massive inflation. Good point. Grin inflation rates| Year # | Yearly monetary inflation rate | | 1 | 36500% | | 2 | 100% | | 3 | 50% | | 4 | 33% | | 5 | 25% | | 6 | 20% | | 7 | 17% | | 8 | 14% |
Bitcoin Inflation RatesYear #bitcoins Inflation per annum 2009 1,624,250 ∞ 2010 5,020,250 209.1% 2011 8,001,400 59.4% 2012 10,733,825 34.1% 2013 12,199,725 13.7% 2014 13,671,200 12.1% 2015 15,029,525 9.9% 2016 16,075,400 7.0% Source |
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1073
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: January 18, 2019, 07:13:35 PM
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Repost of a classic chart (source unknown):  This was drawn by a dumbass bear. As seen in the chart, in both previous halvings BTC has pumped by at least 3x before the halving event and by at least 10x, immediately and violently, after the halving event. And this idiot is trying to tell me that the next time will be different. Something occurring twice doesn't make for a convincing pattern to predict future events with IMO. |
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1078
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: January 18, 2019, 03:34:22 AM
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I confess I understand his fascination for Grin. Mind you, he is also a moderate fan of a certain other coin... And i thought Grin won't launch it's mainnet anytime soon. But looks like the client is far from user-friendly and only mid-high end GPU can mine GRIN for now.
Any chance you'll accept another cryptocurrency (XMR, ETH or perhaps DOGE) soon?
XMR is possible, but probably not the others. We aren't written off yet, then It’s not the point of being “approved” or not... it’s the hypocrisy that annoys me. Maximalist have always shot down any coin that has tried market itself as being a potential better solution to Bitcoin due to legit reasons such as Bitcoin’s reliability/security... If they have strong opinions about something, like the OG bitcoin being the only crypto worthy of consideration, that’s one thing and I can totally understand that reasoning... but all the sudden accepting grin with wide open arms? Fuck that. Something is totally weird about it, yet I can’t really tell why I feel that way. Does no one else feel this way?? I'm sure others feel that way - It's weird. It seems many of the old school bitcoiners who didn't pile on Monero are now piling on Grin.
Maybe they feel like the missed the boat on Monero? |
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