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941  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: February 14, 2019, 08:10:08 PM

Meh, shitload of conjecture argued as if it were facts as usual.

Quote
The money supply grows more slowly over time, so the decline decelerates into a small tail reward and thus a dubious level of security

Bullshit.
Yeah it doesn't make too much sense now does it? If the security was low then difficulty would be low too and people back to mining.

Anonymint read through all the replies here, and has posted some rebuttals. He's asked me to link to the following post:
https://steemit.com/cryptocurrency/@anonymint/re-anonymint-re-anonymint-re-anonymint-scaling-decentralization-security-of-distributed-ledgers-20190214t094248913z
942  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2019, 09:36:39 PM
Some bullshit from shills who are always wrong BTC calls from a couple well known analysts:

Tom Lee Finds Inspiration in MagicPoopCannon

I don't recall if someone already posted this one: Novogratz: ‘Bitcoin Is Going to Be Digital Gold’, Will ‘Grind Back Up’


The news is legit. What isn't legit is this gang of criminals calling themselves the 'UK government' and 'HM loyal opposition' running about legislating things as if they owned the place. Damn cheek.
They are not sovereign, bitcoin is.

We can just tokenize the UK. Surely there's enough room for a medium-sized country in those Bitcoin SV blocks.
943  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2019, 08:12:15 PM
Zoom in



The Tale of Parabolic Trav
944  Bitcoin / Development & Technical Discussion / Re: Lightning Network Discussion Thread on: February 13, 2019, 07:47:33 PM
Anonymint recently posted (and has since updated) his analysis of the lightning network. Recommended reading if you want a unique take on LN:

https://steemit.com/blockchain-scaling/@anonymint/lightning-networks-must-fail-if-it-succeeds

This guy is full of shit.

"The altcoin Bitcoin Core forked off from the immutable Satoshi’s Real Bitcoin."

If what he says is true, where the fuck is that real bitcoin now? Can't believe I actually partly read this piece of crap.

http://therealbitcoin.org/
945  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2019, 07:32:07 PM
Definition of cheap rate is very different in the context-time when someone bought his/her first Bitcoin. Ask those investors who got it during a bull run. they would love to grab some in the current scenario. its cheap for them.

I got in during China fud and the current price is almost the same as my monthly salary. not so cheap for me.


I would be very glad if my monthly salary were as much as 1 BTC.

... Yet I could buy half a BTC each month if I really wanted. You guys spend too much and/or save too little.

I have bought BTC for as little as 50€/btc in 2013 and for as much as 3000€/btc in 2017(not counting trading, I of course had sells/buys on every possible price up to $19K but that is not "fresh" money for me).

Regarding "You guys spend too much and/or save too little:" that seems a bit judgmental because we have to look at the whole package.  I understand that there are some cultural variations, and even locations in which savings is emphasized more than consumption.

I feel that I have led a pretty aggressive investment strategy that relates to a bit of a frugal life because I have always had a percentage of my salary go towards investing - usually 10% minimum, and surely sometimes higher than that.  Of course, the amounts that are in the investment pool can add up, and become tempting in terms of how to allocate such funds and if there are perceptions of "investment opportunities" to get the money "working" or earning greater returns.

I know young people who seemed to be living on a salary similar to mine, and they always had nice stuff, such as new cars.  I did not want the payments or the depreciation, but I did break down and begin to buy new cars after my surplus investment funds begin to seem to be so large that I could not resist any longer.  The many bells and whistles of the new car were surely nice, and I kind of felt that I had earned it after more than 20 years of working in various ways (gotta include college years in there too.. as a kind of ongoing working to advancement).

Regarding "fresh money" invested into BTC:  I find my system to be a bit confusing because I cashed out all the way to $19k, but I also used a vast majority of those generated funds to buy back BTC.  At the same time, there is a kind of ongoing putting of my extra money into my BTC fund.. so at some point, differentiating between "fresh money" and money generated from trades has become a bit confusing to calculate... gotta "ballpark" the estimate, sometimes. Is that cheating? 


I'm late 30s and have a good income, etc. and I've never bought a new car lol. I'm just too cheap. I typically buy cars that are 2-3 years old, with the worst of the depreciation out of the way.
946  Other / Meta / Re: grin is now accepted for forum payments on: February 13, 2019, 04:36:40 PM
Anonymint recently posted his take of Grin. It's worth looking at:

https://steemit.com/cryptocurrency/@anonymint/re-anonymint-re-anonymint-scaling-decentralization-security-of-distributed-ledgers-20190209t143757701z
947  Bitcoin / Development & Technical Discussion / Re: Lightning Network Discussion Thread on: February 13, 2019, 04:15:46 PM
Anonymint recently posted (and has since updated) his analysis of the lightning network. Recommended reading if you want a unique take on LN:

https://steemit.com/blockchain-scaling/@anonymint/lightning-networks-must-fail-if-it-succeeds
948  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. on: February 13, 2019, 04:10:45 PM
Anonymint recently posted his analysis of Grin. It's definitely worth a perusal:

https://steemit.com/cryptocurrency/@anonymint/re-anonymint-re-anonymint-scaling-decentralization-security-of-distributed-ledgers-20190209t143757701z
949  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2019, 03:26:51 AM
More crypto drama



https://twitter.com/WhalePanda/status/1094518940083073025

And here's the truth: https://medium.com/@nikuhodai/dont-trust-the-dishonest-why-gox-rising-shouldn-t-be-taken-seriously-ffbaa1d21c86
(TL;DR: Brock Pierce is a lying POS)
950  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2019, 05:54:17 PM

https://twitter.com/davthewave/status/1095180109630173185

951  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2019, 05:40:26 PM
Wouldn't surprise me in the slightest if BCH pumps harder during the next bull run.  Doesn't take a genius to know that the alts pump a lot harder during bullruns.

Doesn't take a genius to know that something with a low-ass market cap, and low liquidity is a lot less expensive to pump than something that is spread out more with a higher market cap (such as bitcoin).  Accordingly a lot of that shit is going to pump, but does not justify investing into it (unless you are ready, willing and able to strategize your exit so you don't get screwed).

It sounds like it's going to be another shit fork.

I'm all for free money, but moving cold storage BTC around is a PITA. With Dick Heart backing the project, it could pump enough to make it worthwhile. OTOH, he's kind of irrelevant now.
952  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2019, 05:33:52 PM

Mostly speculative equity investing.

"The fund will also hold a small percentage of its value in liquid cryptocurrencies, such as Bitcoin"

A small percentage of $40M is nothing.

"Just the tip"
953  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2019, 05:13:13 PM
Speaking of Ledgers, they're on sale for $48.99 right now
954  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 12, 2019, 03:20:49 PM
@infofront. Was he using a 2hr chart? I reckon that it implies that the next market cycle would also be as long as only 2 to 3 weeks hehehe.

Yes -2 hours. It will be fun to see if it follows the cycle again.
955  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2019, 04:10:39 AM
... and LukeJr is calling for 300kb blocks ...

He is right. We've Lightning now and 300kb blocks is something more than logical!

Funny definition of 'logical'. With 300kB blocks, it would take on the order of a half of a millennium in order to onboard the world to LN.

How long do you expect each channel to lock funds via HTLC?


So, more importantly, how was PR?
956  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2019, 04:00:13 AM
The moment Vinny Lingham backs it, you know it is a scam



It seems there are some big blockers supporting smaller blocks in the hopes of destroying bitcoin.
957  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2019, 08:02:49 PM
@infofront and also ..... my GF has an amazing job @ a crypto company “my friend’s fund Roll Eyes
I’m the Guy living on his girls back Roll Eyes

Maybe Bob's right and you should marry her  Cheesy
958  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2019, 05:26:38 PM
Spell "Crypto Maxima" in action.


Where the fuck did you find that pic of JimboToronto?



strange LFC, you didn't receive that pic?
jimbo PM'd that pic to al the regulars on the thread ..........................

I don’t think I want to receive PM pics for Jimbo, I’m worried he might send a dick pic?
I’m happy to be excluded mic!

Also where the fuck have you been? This thread doesn’t run without you. It’s been so quiet today.
You’re the diesel to the WO’s engine Smiley

I was @McDo's brother
just finished there

and almost taking of again, found some joy again in the (don't know how to call it) "tablesoccer thing" ?
so going to work out soon then tablesoccer playing.... not going to sleep to damn late, do some McDo shift tomorrow and then having a pokersesh I think/hope

also need to stay away sometimes you guy's maybe getting bored of my nonsense
BoB getting shy to 30-40-50 boost me up and sheeeeeeeit  Tongue  Tongue

tasteless joke BoB, love you BRO "absolutely no HOMO in their" but still love the DUDE

Don't take this the wrong way, but how do you afford your relatively expensive lifestyle by working at McDo's?
959  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Grin Observer - GRN/BTC - Price Movement and Discussion on: February 11, 2019, 03:35:56 PM


https://www.reddit.com/r/grincoin/comments/apb5or/hmmmmm_what_a_remarkable_resemblanceits_almost_as/
960  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2019, 07:27:57 AM
Up or down Toxic?

What we are experiencing now is akin to the tail wagging the dog as shorter time frames are ascendant over the longer ones. What I mean is the shorter time periods are indicating overbought conditions while the longer ones still show as oversold. This is creating a sort of negative feedback loop that is having the net effect of stifling what should be a breakout above $4k. Until this is reconciled we will probably continue to drift sideways in a narrow range. To answer your question... Up...for another week or two or until a move is made more clearly defining market direction. Monday and Tuesday should see increasing volumes come back into play and take us above this resistance zone we have been stagnating in.


虽然在上海很难,你学到了一点中文吗?

如果你在上海或广州的中文很难,那没关系。

Thanks for humoring me.
That sounds about right to me. I'm expecting us to get into the low 4Ks, then drop again.
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