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1901  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 11:10:24 AM
Ibian, did you stop trading bitcoin when the bank asked you to open a business account? Or did you get a business account?
They want nothing at all to do with cash that comes from in-person sales. And they assume it all does because why not.

Other than waiting for people who want to sell, my only option is a bitcoin atm, and there is none nearby.

They simply don't want to do anything with cash that you can't prove come from a legit business with all the right paperwork (invoices, etc). That is common knowledge since many years ago. The fact that it is coming from in person crypto sales just makes it even worse.

From your comment you mean there's more people wanting to buy than to sell in localbitcoins?

1902  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 10:48:33 AM

The only explanation is that less efficient miners have been gradually replaced by more efficient ones and/or some people are investing in mining as a way to acquire Bitcoin without raising the price (directly -exchanges- or indirectly -OTC-) even if that means mining without profit or even at a slight loss.

Also it is possible that the price decline has forced many miners to make better deals both in hardware acquisition and electric supply. Bear periods are great for forcing the less efficient enterprises out of the market and the fitter ones survive ahead of the next bull run. It happens in all markets.

ftfy Grin



Uh? I have purposely ignored the Bcash graph as it is meaningless... I am only talking about the Bitcoin current rise in hashrate.
1903  Economy / Speculation / Re: department NOCOINERY and trolls on: February 10, 2019, 10:39:50 AM
A troll thread without trolls is no fun Sad

Fucking cowards.

It's obvious they don't really want to argue or discuss anything, just vomit their trolling where we can't engage them properly without disrupting the thread.
1904  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 10:23:49 AM

The only explanation is that less efficient miners have been gradually replaced by more efficient ones and/or some people are investing in mining as a way to acquire Bitcoin without raising the price (directly -exchanges- or indirectly -OTC-) even if that means mining without profit or even at a slight loss.

Also it is possible that the price decline has forced many miners to make better deals both in hardware acquisition and electric supply. Bear periods are great for forcing the less efficient enterprises out of the market and the fitter ones survive ahead of the next bull run. It happens in all markets.
1905  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2019, 09:22:59 AM
We need more capitulation and drama. Bring the fucking final pain.

Even when drunk.... i know you don’t mean that Cheesy

haha, It's not what I want... it's what we need to maybe put an end to this slow suffering!

Or maybe we just need TIME. Whateva.
1906  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 09:03:47 PM
We need more capitulation and drama. Bring the fucking final pain.
1907  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 07:56:07 AM
Don't want to shill shitcoins but LTC seems to be moving upwards again, which was the coin that fuelled this little pump by some opinions.

Funny thing is that I have probably "made" more on the LTC pump than the subsequent BTC one. Or maybe not, haven't really calculated... but go chikun goooo!
1908  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 07:50:34 AM
[edited out]


Bleh, I am volatility battle hardened. My first "important" purchase reached Bitstamp the day Bitcoin reached $266... with the subsequent drop. I made most of my stash in extreme volatility periods. It is low price low volatility what breaks my nerves... Past bear market I just forgot about Bitcoin (while hodling) but this time I am still here and in that way it is a first time for me. Bring the fucking volatility to me for fucks sake!

It is beginning to sound as if you faked your capitulation, unless you were merely trying to self-induce such capitulation - because in some sense, if you have as much equity as you suggest, then even if frustrated, you are likely not too close to capitulation.

Let's say for example, you though that worst case scenario was around $5k and even that the price would have gone back up for now, and so therefore, you failed/refused to cash out a sufficient amount of BTC to cover some of your expenses for the next year.. and so now you are a bit frustrated by your lack of preparation.

That kind of thing can happen to any of us.  I have expenses too, and I cashed out some BTC and I did not buy back as much as maybe I should have.. and I am kind of building up my fiat right now in order to prepare for down because I largely thought that $5k to $6k would be the bottom... but if you have equity in BTC, you can probably afford to cash a little out here and there... and still have more than enough when the price goes back up, even if it take more than 2 more years before it goes back up in any kind of meaningful and significant quantities to make some kind of decent wealth appreciatoin difference.

I think I already explained my capitulation is a (real) feeling that maybe we won't be seeing the last ATH in any reasonable time or even ever. I also made it very clear I won't sell and ride this thing to hell. I am THAT stubborn.

I did not fake my capitulation, it was a real feeling and as such I described it.

Yes, I feel frustrated by not having *EVER* cash out a single penny. Trade some (sell higher, buy lower) yes. But that's something I have already recognised.

I also feel frustrated by having to ask for a mortgage to buy a property I could have just bought straight with my paper profits at end of 2017.

But, frustrations aside, I know how this game works and don't complain about anything.

1909  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 07:39:56 AM


Might as well be an index of the status of bitserve.. yesterday, versus today... he went through a fear halvening (or a capitulation halvening), even though currently denying such price bumpening effect.  hahahahaha

So will he stay capitulated until $6500 or $950,000?

I would be happy if we saw 4xxx again (hopefully soon).

I agree $4k would be nice.  I know that there are folks hypothesizing that BTC prices have to get above $4,200 to show some reasonable sign that there are decent chances to move upwards... which actually has a reasonableness to it.

Regarding bitserve and his trepidations, I would like to see $5,900 again within two or three months and then even a possible correction down to $4,500 and then back up to $5,900, just to show how giddy bitserve would become through such BTC price movements, and he would forget that he had ever even heard of the word capitulation.  He wouldn't even remember what such word meant.   Cheesy Cheesy Cheesy    Wink

Good times to accumulate, I'm pretty sure the next rally will come as it was in 2017, from almost nowhere. Lets hope bitserve will add some stash into his bag too and forgets about the capitulation. Fundamentals are getting stronger every day and 1 BTC is still 1 BTC Smiley

Well, I have to be honest and say I have never accumulated during any bear market. I usually start buying again when I think the bear market is over which is obviously higher than the bottom but still way lower than the top.
1910  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 07:25:28 AM


Might as well be an index of the status of bitserve.. yesterday, versus today... he went through a fear halvening (or a capitulation halvening), even though currently denying such price bumpening effect.  hahahahaha

So will he stay capitulated until $6500 or $950,000?

I would be happy if we saw 4xxx again (hopefully soon).

I agree $4k would be nice.  I know that there are folks hypothesizing that BTC prices have to get above $4,200 to show some reasonable sign that there are decent chances to move upwards... which actually has a reasonableness to it.

Regarding bitserve and his trepidations, I would like to see $5,900 again within two or three months and then even a possible correction down to $4,500 and then back up to $5,900, just to show how giddy bitserve would become through such BTC price movements, and he would forget that he had ever even heard of the word capitulation.  He wouldn't even remember what such word meant.   Cheesy Cheesy Cheesy    Wink

Bleh, I am volatility battle hardened. My first "important" purchase reached Bitstamp the day Bitcoin reached $266... with the subsequent drop. I made most of my stash in extreme volatility periods. It is low price low volatility what breaks my nerves... Past bear market I just forgot about Bitcoin (while hodling) but this time I am still here and in that way it is a first time for me. Bring the fucking volatility to me for fucks sake!
1911  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 06:08:37 AM


Might as well be an index of the status of bitserve.. yesterday, versus today... he went through a fear halvening (or a capitulation halvening), even though currently denying such price bumpening effect.  hahahahaha

Yup, I can confirm the accurateness of that index. Yesterday was my all time low. Today I feel like I can breath again.... but I know it's probably a trap though!

Good thing I don't trade when I am emotional... or better said, I get emotional after a while of not seeing any clear trade. Whateva. It works for me.
1912  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 05:51:03 AM
I just hope we are still young when the $100K party comes. It will be almost surreal if it ever comes to reality. There's a chance though.

We are all going to be in crutches, wheelchairs and with personal assistants and oxogen tanks.  

Sucks to be HODLers.

We can always send our assistants to make some awesome explosions and fireworks with the oxygen tanks. Sounds fun to me.

You are too optimistic, bitserve.  I liked you better, yesterday, when you were in a higher state of capitulation and despair.  This little price bump got your spirits up, too much.

But, but... I remain capitulated!

I am still deeply depressed. This little pump is not going to fool me. Believe me.
1913  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 02:54:55 AM
so one merit for u to be that missionary  Cheesy

1914  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 02:22:02 AM
I just hope we are still young when the $100K party comes. It will be almost surreal if it ever comes to reality. There's a chance though.

We are all going to be in crutches, wheelchairs and with personal assistants and oxogen tanks.  

Sucks to be HODLers.

We can always send our assistants to make some awesome explosions and fireworks with the oxygen tanks. Sounds fun to me.
1915  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 02:04:10 AM
Is anybody disgusted with how ALL crypto goes up in unison with bitcoin, as if they are all on and the same?
This has to stop after five years of btc and others being in the public eye.
Ridiculous.

All crypto is shit except Bitcoin.  This should not come as a surprise to anyone on this board.  Metcalfe’s law, first mover advantage, natural monopoly and all that.

All shitcoin = shit and more shittie is that I probably of my +- 15% that I have in shitcoins I do own the most shittie ones, how shitF***ed is that
Gonna get myself totaly wasted on that
And thx for the MCDonald work read, I hate the F***ing shitjob here.....
I’m in year 7 of wasting time as the Guy you wrote about dammit i’m in a shitF***ed position right now SHIT

Goose

Start here.  It’s free.  Teach yourself to program.

https://www.udacity.com/course/intro-to-computer-science--cs101

There is BIG money for people who understand money, crypto and programming

Mic has (way more) the intelligence to learn it easily but he probably doesn't have the right "personality" to really focus on that task. He is too much of an extrovert guy than a "nerd" even if he has some traits like his outstanding poker skills.

Which is probably a good thing.

Thx man, still don’t make me a to smart looking Guy, Maybe i have getting things a little easy last few years, how I got introduced into crypto, how my boy took care of me with every single thing, Made every single thing for me etc
Most of this is of-course in my own hands by NOW ... probably everything (except a few thing we do together and thats running with him ....)

But thx bitserve for those kind Words

Wait till you Guys meet this lunatic @the 100K party
(Don’t Ask me to much question IRL Then) Roll Eyes haha lol
And drink Some with me and have Some good laughs Cheesy

I just hope we are still young when the $100K party comes. It will be almost surreal if it ever comes to reality. There's a chance though.

sometimes I wonder if you are crazy or your mind is 100% imaginary. you keep talking about 100k as is like going to next days. even if BTC reach 100K it will not happen before 10 years. are you promoting BTC on bitcointalk?

If you know how to read you will see I not only doubt it will ever reach $100K but, in case it does, also doubt it will come anytime soon. You know how to read, don't you?
1916  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 01:30:10 AM
Is anybody disgusted with how ALL crypto goes up in unison with bitcoin, as if they are all on and the same?
This has to stop after five years of btc and others being in the public eye.
Ridiculous.

All crypto is shit except Bitcoin.  This should not come as a surprise to anyone on this board.  Metcalfe’s law, first mover advantage, natural monopoly and all that.

All shitcoin = shit and more shittie is that I probably of my +- 15% that I have in shitcoins I do own the most shittie ones, how shitF***ed is that
Gonna get myself totaly wasted on that
And thx for the MCDonald work read, I hate the F***ing shitjob here.....
I’m in year 7 of wasting time as the Guy you wrote about dammit i’m in a shitF***ed position right now SHIT

Goose

Start here.  It’s free.  Teach yourself to program.

https://www.udacity.com/course/intro-to-computer-science--cs101

There is BIG money for people who understand money, crypto and programming

Mic has (way more) the intelligence to learn it easily but he probably doesn't have the right "personality" to really focus on that task. He is too much of an extrovert guy than a "nerd" even if he has some traits like his outstanding poker skills.

Which is probably a good thing.

Thx man, still don’t make me a to smart looking Guy, Maybe i have getting things a little easy last few years, how I got introduced into crypto, how my boy took care of me with every single thing, Made every single thing for me etc
Most of this is of-course in my own hands by NOW ... probably everything (except a few thing we do together and thats running with him ....)

But thx bitserve for those kind Words

Wait till you Guys meet this lunatic @the 100K party
(Don’t Ask me to much question IRL Then) Roll Eyes haha lol
And drink Some with me and have Some good laughs Cheesy

I just hope we are still young when the $100K party comes. It will be almost surreal if it ever comes to reality. There's a chance though.
1917  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 01:16:02 AM
Roach I’m not telling him to be a coder.  

I’m telling him to get a basic level of skill so he can work in the tech industry.

I have to hire people with tech skills and wages are through the roof right now because the particular skill set is so damn rare you have to grow your own, and then your competitors steal them.  

Autists with tech skills are easy to find.  People skills people who can’t do tech are easy to find.   People skills people with tech skills are extremely valuable.

You don't need anyone in Spain do you? Anyways, I am aware my social skills pale in comparison to those of the great Mic.
1918  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 01:09:53 AM
Yes. Mic would be a an outstanding sales/representative for a tech startup. Enough tech knowledge and outstanding social skills. Not that I think Mic would need it though... I guess he is fine with how he currently does.

That’s exactly the sort of thing Mic should do.  Go to tech meet ups.  Find a small start up and take a small equity position (like 1%) and help them with sales. He can do it part time, 5 hours a week.

Use that experience on your resume to jump to a more established start up in six months time.  Maybe even get paid a wage at that point.  Keep building your experience and jumping up the ladder.  

Enthusiasm and hard work is 99% of the game at that point.

Except I don't think he needs it. But yes, he could do it for sure.

I see him more like creating his own blockchain hedge fund or enterprise in the future or something like that....
1919  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 12:56:36 AM
There’s more jobs in tech than just dev work.  I think Mic would be awesome in sales.  And not sure where Mic is based but Brussels is a growing tech center.

But you need a certain minimum knowledge base.  Anyone who is prepared to put in 50 hours of their time can do that course (and maybe faster).  

Yes. Mic would be a an outstanding sales/representative for a tech startup. Enough tech knowledge and outstanding social skills. Not that I think Mic would need it though... I guess he is fine with how he currently does.
1920  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2019, 12:46:07 AM
Is anybody disgusted with how ALL crypto goes up in unison with bitcoin, as if they are all on and the same?
This has to stop after five years of btc and others being in the public eye.
Ridiculous.

All crypto is shit except Bitcoin.  This should not come as a surprise to anyone on this board.  Metcalfe’s law, first mover advantage, natural monopoly and all that.

All shitcoin = shit and more shittie is that I probably of my +- 15% that I have in shitcoins I do own the most shittie ones, how shitF***ed is that
Gonna get myself totaly wasted on that
And thx for the MCDonald work read, I hate the F***ing shitjob here.....
I’m in year 7 of wasting time as the Guy you wrote about dammit i’m in a shitF***ed position right now SHIT

Goose

Start here.  It’s free.  Teach yourself to program.

https://www.udacity.com/course/intro-to-computer-science--cs101

There is BIG money for people who understand money, crypto and programming

Mic has (way more) the intelligence to learn it easily but he probably doesn't have the right "personality type" to really focus on that task. He is too much of an extrovert guy than a "nerd" even if he has some traits like his outstanding poker skills (which includes some innate math skills).

Which is probably a good thing.
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