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2801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2018, 01:17:45 AM
^sweet dreamz, mic, of rockets and trains and er dildos

https://twitter.com/stefanwouldgo/status/1066990730240040960
Now that we've had some years to see the impact, it's time for me as a former maximalist to come clean: the critics have been right all the way: 1/
It uses a ton of energy that would certainly be better used by something else. 2/
It's used by terrorists every day! /3
The advanced projects that made something like it, only better, have won. /4
Its price has gone down and will probably never recover. /5
The technology behind it was the real breakthrough. Spoke has changed the world forever. /6
#Wheel is dead. #postmaximalism
So is the #Internet. #Intranet has been the real revolution.
Shocking, too, that neither the wheel nor the internet has solved inequality. I really can't understand why we even bothered with these useless things!
Luckily, Internet 4.0 is shaping up to solve all problems, just like wheel 2.0 did.


^ WTF with the formatting of your text, bro? Did you let a retarded monkey type it for you?

P.S.: Oh, I see, it's a twitter thread Smiley
2802  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2018, 12:51:53 AM
£1 is 1/163lb silver
1 bitcoin cash is 2 bitcoin cashes
1 bitcoin is 1 bitcoin

Almost.

I think I still have some Bitcoin that are 1 Bitcoin and 2 Bcashes and a bunch of other shit. I have some sort of digital diogenes sindrome. I know that.
2803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2018, 12:48:44 AM
It looks like the low is in or it's pretty close.

Anyway, I was sifting through my old bookmarks and found this interesting article about bitcoin from December 2016.

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da

I wouldn't say we in the "Boring low" yet. Maybe a depressing or devastating low... but the price still has some life.

And I still don't see enough people selling for good. The price might be low, but there is still too much confidence in a future bull run that will made us all rich.
2804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 27, 2018, 12:30:05 AM
Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer

https://www.ccn.com/breaking-numerous-bitcoin-wallets-may-have-been-compromised-by-rogue-developer/

Quote
A user with very little coding activity on GitHub requested publishing rights to the event-stream library from its previous maintainer, Dominic Tarr, who said that he had not maintained the repository
in years and gave control to the new user, called right9ctrl.

The library event-stream is used in many Node.js applications. According to a complainant on GitHub, the new maintainer right9ctrl either pulled a sneaky move to inject malware or unknowingly had the
same effect as if he had, that effect being that it would leak private keys from applications that relied on both the event-stream and copay-dash modules.

Basically, the developer updated the module with malware and then patched the problem to avoid detection, but the numerous people who had already installed it remain affected.
Copay — whose open-source code is itself used by many crypto applications — would be just one of many that use the library, but it happens to be built and maintained by a multi-million dollar
Bitcoin payment processing company — BitPay — which raises questions on its own.

And that's why we use hardware wallets to have an additional layer of protection against leaking the private key.

Software hot wallets will always be much more vulnerable.
2805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 11:51:05 PM
2806  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 09:44:39 PM
What does everybody think will happen to BCH & BCHSV?

Assuming (as we all think) ‘our’ original bitcoin remains the number one, what will happen to the above mentioned shit coin’s in the mid to long term?



No one knows. In an ideal world they shouldn't even exist in first place. But they are being artificially maintained by powerful groups with deep pockets. So, in the end, their fate is up to them.

Bitmain kept mining Bcash without selling to pay for their mining costs. In fact they additionally spent a huge amount of their reserves to sustain and pump the price. That's how they ended with more than a millions coins. Why they did that move that seems to be completely stupid, again no one knows.

What they have in mind? Will they keep doing it? For how long?

Also, Bitmain pockets are now probably hugely far less deep than they were one year ago. Is it even possible that if the market doesn't recover or keeps plunging Bitmain could even go to bankruptcy?

Too many questions.....
2807  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 09:25:40 PM
Mainstream media still pounding on the bitcoin slide, bitcoin crash, bitcoin doom. Whatever. It sounds like an orchestrated setup. The winter might be shorter than we think after all.

Oh... sorry it slipped off my tongue. I forgot we're capitulating.

DOOM DOOM, we're all going to die!

I don't think it will be short.

We need to pay for the irrational exuberance of 2017.

The people literally handed tens of billions in coins to a bunch of more than dubious ICO's. The teams behind each one are doing nothing but spending all that coins to pay for their HUGE monthly expenses and salaries. Almost no income. Fuck, it sounds exactly like "the system" we were trying to avoid.

The only hope is that they have already mostly depleted the funds. But I don't know how far we are from that moment.
2808  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 07:46:29 PM
On other news, it looks like both ABC and SV has finally reached an equilibrium in their hashrates where mining their shitchains is slightly more profitable than BTC. Maybe their silly little war is coming to an end.

OTOH, it is very possible that what they are not spending in mining at loss they are spending it in pumping their shitcoins on the exchanges.
2809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 07:39:11 PM
Support will snap like a stale candy cane. Christmas will be a massacre.

 Roll Eyes

We are already poor, so who cares. In the meantime, I will keep trying to ride from 3500-4000 as many times as I can with the little remaining trading fiat I got left.

You could be doing the same with a small amount even if you want to keep out for the most part. Otherwise this is gonna be a very boring wait for you.
2810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 08:26:05 AM
I am doing some garbage cleaning on my shitcoins. You couldn't even imagine what kind of worthless shit I am still holding. Not significant amounts (more so at current prices) that I left hanging on some exchanges but still....

Anyway.... My question is... Anyone here has Iconomi (ICX)? If so, should I convert to eICN or just swap for ETH?

Thanks
2811  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 07:01:10 AM
CSW is an insane asshole, but I find it hilarious sometimes. Have you guys watched the video in which, when asked some random question about the hashwar, he decides to start showing some wristwatches as if that meant something? Surreal. #proofofwatch

This is probably the best CSW video EVER: https://www.youtube.com/watch?v=BMKBd0x6TNA
2812  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 06:12:07 AM
Just woke up and managed to grab some from $3960.  It is not 3.6k but still would do the job. Grin


That's not how capitulation works... we are supposed to be scared, crying and selling. You are doing it wrong.
2813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 06:00:06 AM
Quote
rBitcoinMod
Your submission has been flagged for removal because it is considered off topic for the Bitcoin subreddit.
I am a bot and cannot respond. Please contact /r/Bitcoin moderators directly via mod ^^mail if you have questions.

Elwar
This is why I hodl bitcoin.

LOL!!

P.S.: Your reply to the offtopic message is almost as funny as when you went to troll "the hull truth boating" forum Smiley
2814  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 05:42:11 AM
^^ That would be a HUGE amount of pain if true
2815  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees on: November 26, 2018, 04:21:45 AM



everything should pump now with my actions...it always does

brad

wow yeah I thought I was the only one with that gift lol.   Grin
You are not only one. If you were only one then price dropped to almost 0 and you had all. There are a lots of people who are holding. Smiley I am also holding but not too much.


well seems now I have 87.45 btc and 100 bch abc and 100 bch sv..plus the other assorted BTC forked coin I've not messed with. Dumped the last of my LTC. Have other coins that are so low not worth moving.

so hell just hodl'ing all ...so I'm not tossing rocks either ....will see how it goes...

everything should pump now with my actions...it always does

brad


I think you will get good profit once it bump.

its all this EATING and putting a roof over your head and clothing and bathing and smelling nice for others...etc etc...eats up my crypto ACK!

but again, if it is a choice of burning all my crypto in the next 1.5 years (retire 1 yr early soc sec and traditional investments) or 2.5 years (hold off with crypto till full 66 years on all)

I will dump the works not to work for anyone again. (would retire early however at 65 as not to kill all crypto if that was the case)

so worse case for me..is I retire 3 years early and still have tulips and beanie baby BTC and altcoins

(I need a better outlook on all this ..that was just dismal)

later

brad


I think you have done the right thing Searing.

I do have one question though: You have just now cashed out $100K+ right? I know living is expensive in USA, ok........ but.... isn't that enough to cover 2.5 years of living expenses?
2816  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 02:28:36 AM
Well, I sold 13

Do you plan to purchase back in in the $2k's? Asking for a friend..

IIRC, that's not a major (no pun intended) part of his healthy stash. So, considering he has already cashed out enough for all his expenses till official retirement in 2020 I would say he will do very well by not doing anything. No need to rebuy and risk his plan IMHO. I am sure I wouldn't do it if I were in his case.

Us peasants need to risk a little more.
2817  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 01:32:30 AM
What/when is the daily 'closing" in bitcoin?
what

$3945 if I correctly understood the question. Otherwise, 42.
2818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 26, 2018, 01:26:39 AM


2819  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees on: November 26, 2018, 01:16:00 AM
Is there still any BSV fan around here that can maybe explain why the hashrate keeps dropping and it is now at the bottom?

I mean, they said that all their hashpower was devoted to BSV and that they would keep mining it at a loss even for a decade... yet the hashrate is now less than half than at the peak.
2820  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 25, 2018, 11:08:55 PM
TERA said something about "huge high volume drops":

The poor bugger seems to be right each time but is roundly abused for it until he disappears again. Still an annoying poster.

I’ll apologise to him/her when he/she returns. I was a bit rude, mocking his/her predictions which turned out to be close to what transpired.

Fine, sign here:


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