I voted they both miss q2.
which mean no gear ⚙️ until july 1.
I also doubt i get a s19 5nm in july.
Well, I MAY have to get miners someday in 2020 ..probably at the end of 2020 for 'peace of mind' for crypto business (since 2013) tax purposes. I show NO income (retired) from the crypto business anymore. So as the self-employed on such, unless I want to show income, I have 3 choices. (1) I could speculate/trade (don't know a lot of people that have those skills (2) I can get equipment and mine again in 2020 or (3) I could put up some kinda hosting place. My reasoning is I am showing like 40k to 60k of equipment depreciation for the next 2 years for a business that has no income. The CPA says it is money lost and 'kosher'. I myself see it as "kinda iffy at best" if the IRS ever looked me over....so for peace of mind I need to show some kinda TRY at income, with mining, even at a modest/more LOSS, if that is what it takes. Just to show IRS or whomever, I'm in there swinging to wrap up the crypto business. So with that as an aside, I guess it will be 'used' equipment or new at the end of 2020..depending on the above 'peace of mind' position I'm taking. So not optimal...but I can't see the IRS being all that happy with me with 40k to 60k of already deducted equipment depreciation these last 2 years or so, without me in there 'swinging' as a miner in some manner.  Selling BTC/Crypto with cap gains does NOT count as income from the business. Anyway, my thinking on this maybe. BUT in my own view, it makes very little sense (If the above was not true) to get ANY MINER of any kind, before the halving. You are way, way better to sell crap out of your attic on eBay and buy BTC/Crypto or use the ASIC equipment $$$$ to get more 'bang' for your buck with 2x the Bitcoin now..rather than miners, even at 7nm on a pre-order in the future, as Phlipma says ..probably arriving AFTER the halving. So Craig Wright/Youtube Killing BTC/Crypto Videos/Doom and Gloom on 'evil' BTC/Crypto/China still saying it is gonna 'ban' and/or limit mining in 2020/FUD/FUD/FUD aside in 2020. Gonna just go for it! (1) keep the hoard in HODL mode. Boom or Doom! (2) get miners for peace of mind at end of 2020 if I feel it prudent (even if I only break even or lose 1/3 on the process..guess HODL that mining income, in that case also and eat the loss) (3) sell a LOT of crap I have around here on eBay and call it a 2 for 1 sale. For every $1 to BTC I put away before halving is 'supposedly' $2 in BTC after halving. Balls to the wall boys and girls...Moon or Doom! Beanie Babies be damned! So I have to admire the big players like Canaan and Bitmain, thinking the pump is coming and putting it all out there (evil though Bitmain is!)...If the above does not work in my case on above....we all will be 'wrek'd' indeed! The big players like Bitmain/Hosting/etc, etc. We will all implode together. What the heck is is only money right? Bitcoin: Always Drama! Brad Both will miss Q2 deadline...or we are all f-ed.
Yeah, indeed. What are we gonna wish for then? Litecoin with Mimblewimble saving L3+'s and such in some manner...the odds are indeed long on current equipment of any ASIC type. |
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Yeah, I was just working from my previous KNC Titan Scrypt Miner angle for getting by as a home miner with legit $$ of some sort vs pure hobby...as that worked back in the day for various scrypt coin alts...in that did not want all my eggs in a BTC miner that will be blown up difficulty wise with possibility of NO ROI at all.....that angle may just be all beanie baby with the weak-ass FPGA coins available....anyway...was a thought.
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Hi,
I would like to know when does a "day" finish when it comes to counting posts? I mean I posted 6 posts on December 25 forum time,but 3 were counted for December 25 and the other 3 were counted for December 26 in my dashboard.
It is pretty random...I posted 5 posts today at the same time more or less on hardware issues etc. A large post day indeed! 3 went on the last day and 2 went on the next day and I did them at the same time 6 hours before... so the bot is irregular at best IMHO. I figure wtf, I probably should not post 5 posts every day even if I could and have a life...so some slip through...big whoop. posts are supposed to 'enhance' your experiences on www.bitcointalk.org So I figure any btc 'dust' here is a gift and just ramble on as usual.  |
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That's too bad. Just from a production point of view, an FPGA Miner would kill by yourself. At least as a hobby miner in the basement..profit or not... you'd have 'potentially' different algo's made for probably 'dubious' altcoins..but hey..likely you could string this along for a few years like the KNC Titan from a hobby point of view not a making sense profit point of view...
Anyway, just an observation I respect your wishes on such things. (I was my silliness getting a KNC Neptune xfered to a KNC Titan back in the day..because I did not trust the BTC miner to arrive in time to ROI. (I was correct). So figured at least with a scrypt miner I could play with other coins if LTC or other difficulties got out of hand. I was sooooo much braver as a newbie! The kool-aid was strong....I mean $10,181.30 for a KNC Titan Miner (4 cubes!) That was probably about 1/2 a year's income in take-home pay! Now, I can't even buy any kind of dubious miner and can well afford to be stupid! Go figure!
Brad
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Update...
Well hell, that certainly sucks! |
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if Craig Scammer Wright had access to any moderate amount of bitcoin (let alone large amounts) he would have dumped it long time ago when he started his BSV scam so that he could push bitcoin down (crash it) while using the money to pump BSV in its initial phase to keep it alive and get people to notice it. now it is already too late, BSV has a low altcoin price and nobody gives a shit about it and no matter how much CSW tries in the future it won't have any high price ever. Well that Ponzi in China dumped like 2 billion in BTC and the price went down what $800 bucks or something...
wrong. first of all we don't know how much they have sold. only a shitty blockchain analysis company tried to gain some popularity by spreading false information. only a small portion of what they allegedly own has been moved. the rest is still untouched. and those coins that were moved went through mixers which means nobody has any idea what their destination was. secondly if they sold they never dumped any coins on the market. they sold some over the counter, obviously to avoid being traced and those coins aren't entering exchanges for a long time which means they have 0 effect on t he price. whether people panic sold because of this fake news is a different speculation. I stand corrected. I also state that IF Craig Wright did have access (again 1 in 1000000 chance) it would not matter if he dumped it..sure price would dump and then recover in say 1/2 a year IMHO. The thing that would bother me is if he got the keys and the if he 'verified' the claim he was part of the Satoshi Group with the other to likely members Klieman and Finney now passed and his 'claim' that he was Satoshi. Likely if part of the Tulip Trust he really would NOT be Satoshi..but he damn well would take all the credit for sure. The guy could cause a lot of FUD on that IMHO. That would be the real ugly part of all this and could drive BTC prices and adoption even further down than my worse case 1/2 for say 1/2 year value of BTC dump in price. I mean, sheesh, what a PR nightmare for BTC/Crypto that would be. (Again, just scaring self) Again, I'd have better odds of Craig Wright being Satoshi as NO WAY and prepping for the Zombie Apocolypse...but hey...I was bored and started this thread. On a side note, WHO or even WHAT anonymous and LIKELY NON-Satoshi Address or Addresses have the 2nd most BTC if people can tell? And or could panic/dump Sell for whatever the reason, legit or not. What this whole thread and exercise in 'silliness' does entail...even if CW is a complete fraud and discredited..what if ANOTHER big wallet from back in the day dumped for real-life issues or whatever. We'd still have the price dump issue without the PR drama. Is any non-Satoshi in the multiple billions of dollars range as well? Curious..on that..not sure if anyone can tell between addresses that far back in time, however. Again, I wonder what would be the adoption and price effect of a dump of one of those unused since 2009 or so wallets for whatever reason on BTC price and adoption? |
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...a 'black swan' event like Craig Wright being part of the Tulip Trust and actually getting keys..
 I agree completely...that is why it is called a Black Swan Event. However, I get a good shudder every time I think of such....the horror! Funny, this likely would bother me more than a potential Asteroid hit on the planet in 100 years or such. Go figure. I am curious however on how CW is gonna justify NOT getting the keys on 1/1/20 as he claims from the Tulip Fund. https://news.bitcoin.com/23-days-until-a-bonded-courier-supposedly-delivers-keys-to-8-billion-in-btc/Of course just to be an ass and contrary, if you would have told me 11 years ago at BTC's birth that: 1) Donald Trump would be President. 2) Bill Cosby would be in Prison. 3) Bitcoin would be worth what it is today. Yep, you are right I have 'frigging' WTF syndrome that is probably carrying over into watching the Craig Wright Train Wreck. |
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Well, supply will be cut in half, and unless you also believe that demand will be cut in half at the exact same time, price will rise. It's really that simple.
Nope, sorry, I can't see it that way. If it were so, the chart would show a step change in price at the point of halving. Demand is to a large extent already discounting (anticipating) future events, because it is so tied up with speculation. The flows and changes are complex. That's the reason you often see an opposite reaction ( to that expected) when an anticipated price sensitive event happens. I don't disagree..but I expect a pretty good recession on the horizon. We can dicker on when..but with such a boom in stocks there will be IMHO a corresponding doom in a recession. https://www.washingtonpost.com/business/2019/08/19/out-economists-predict-us-recession-by-survey-finds/I myself have fixed the house, paid off all debts, etc, etc for such an event. If as the experts say now a recession (I expect a good 40% downturn. Keep in mind a recession is a 20% downturn. Anyway, again, experts say instead of like past recessions to take 7 years to come back they are talking 12 years plus. With this in mind, even if you are correct on the above, IMHO, adoption will surge, if not in USA and EU in countries that are struggling now using BTC etc. It is just a matter of what/when to kick adoption in high gear again, it does not have to have anything to do with speculation for this to happen. Anyway, my bet. (baring a 'black swan' event like Craig Wright being part of the Tulip Trust and actually getting keys..shudder..scared self.....) (joking guys..but still scary as fuck!) |
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Yeah, this has me befuddled as well. Looking at the Tag Line we just changed too! Does anyone want to explain this in really, really small words? By that, I mean how this is not just a pump and dump and sketchy as hell? Sounds like the PayCoin scam from way, way, back. Anyway, waiting to be dazzled by replies on this. Brad Start here: https://bitcointalk.org/index.php?topic=5211902.msg53425001#msg53425001Thanks, sent you a PM busy now..will look at this new Yobit mess after Xmas..befuddled yet on this? edit: I see it has been resolved. (kinda/sorta still looks a bit sketchy IMHO) But anyway, fixed signature to the latest version now. |
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He can dump it and I will buy some.
CW lies but in the end I doesen't really matter.
For Bitcoin it's doesen't change anything. Dumps happened and they will happen in the future but that doesen't matter for the Bitcoin because it doesen't affect it in any destructive way.
There are whales in the market who can manipulate the price but they are in stock market and everywhere so nothing spectacular. I sleep well as a Bitcoin investor and often I don't even check the price or what is happening in the market. Similar like with gold.
On the other hand stocks, altcoins and smaller projects that depend on certain group action, can easily be manipulated in destructive way.
Well that Ponzi in China dumped like 2 billion in BTC and the price went down what $800 bucks or something... https://thenextweb.com/hardfork/2019/12/17/bitcoin-cryptocurrency-price-dump-ponzi-scheme-plustoken/..so from just the money point of view it would not be a big deal if he dumped 5 billion in USD BTC ..it likely would drive the price of BTC down to say 5-6k for a bit ..but it would recover. My big fear on this 'it has to be impossible CW is part of Tulip Trust thread here' is that just having CW as a part of the Tulip Trust and being able to claim he was with BTC proof and of course, say he was Satoshi to boot brings up my big 2 further fears. 1) wtf happens to BTC and hell all crypto if this nut can prove he has access to these BTC ...I mean hell I might sell just to get the bad juju off my hands with this NUT. 2) what about all the patents he has filed as Satoshi? Would he now have grounds to 'prove' with keys that he is last man standing in the Tulip project and bend this to his greedy needs with bankers and big $$$ further into the future? (look at his games with BSV) shudder scared self again..but everyone does know that IF BTC does go TULIPS in some manner I have no doubt in some manner it will be CW's fault..he is that evil! shudder |
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What going's on with Yobit campaign participants, what happen with this guy he looks crazy  Yeah, this has me befuddled as well. Looking at the Tag Line we just changed too! Does anyone want to explain this in really, really small words? By that, I mean how this is not just a pump and dump and sketchy as hell? Sounds like the PayCoin scam from way, way, back. Anyway, waiting to be dazzled by replies on this. Brad |
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----------------------------------------------------------------------------------------------------------------------------------------- THIS IS A 'WHAT IF' THREAD FOR FUN! DON'T TAKE IT TOO SERIOUSLY! THE ODDS OF THIS BEING TRUE IS THE SAME AS THE PLANET BEING HIT BY AN ASTEROID OR EVEN LESS! I am JUST HAVING SOME 'SCARE MYSELF' FUN HERE FOLKS! THIS IS DAMN NEAR AN IMPOSSIBILITY. IMHO! ------------------------------------------------------------------------------------------------------------------------------------------ Just to stir the waters a bit with some likely FUD drama. I was trying to 'scare' myself the other day and was thinking: What if Craig Wright was part of a Satoshi Group that really did have the other 2 members being Hal Finey and Dave Klieman? Also what if they did form a 'Tulip Trust' of all the development coins and now that the other 2 members have passed away Craig Wright (still noT Satoshi) benefits from this arrangement from back in the day and now really does have access to such development coins worth approximately 10 Billion dollars from what I understand. Assumption: He dumps all of his BTC as he states to try and destory Bitcoin Core and drive the price of BTC down furthering his own ends. So the other assumption is the 1/2 will go to the Klieman Estate and the other 1/2 to Craig Wright. So what are your views on what happens next under such a 'dire' scenario? Feel free to 'scare' your little selves silly with replies! This is all in fun! (shudder!) Take the poll and post your replies below. Brad |
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Well, that is easy enough.
Philipma1957
He has always been a good guy. Helps folks out when asked. Did/Does Escrow. Honest.
I am currently out of any real 'mining' of any note on BTC/Crypto..but still follow his posts on such hardware threads on here on how
and what to get. (maybe..in the USA it is all iffy)
So anyway, I would encourage others to pay attention to his posts and such for help and advice on many topics.
Brad
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Delete this post. It was me, my posts are correct I was mistaken. |
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Well under 8k
(where we would feel much safer)
come, Bitcoin Santa!
Yes. I agree. I would probably feel safe as the 1st step at 8k BTC. My next (fantasy) price would be $11,111.12 USD for obvious reasons, that should be 'easy' to figure out! So is it safe? The current price that is of ..hell..just looked $7,600 USD! (Sheesh!)  Anything above that we could play 70% re-bounce back and forth in price way into the future as long as my 'mental' pacifier of $11,111.12 USD was the bottom. (I am so 'blindingly' obvious in my 'self-interest') Meanwhile, trying to get 'excited' about 'attic mining' stuff out of my attic for sale on eBay for BTC dust as a way to kill two birds with one stone. (1) motivation for ugly boring eBay selling of crap, I'd likely die with first in the attic for BTC Dust. (2) Making the then empty attic into a Rec Room. As goals go, it does not compare to data hall mining ASIC's from back in the day, but it is what it is. Hopefully, this accumulation is worth the boredom of eBay hell! Brad |
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member when we were at over $19K? I do  Barely member. It’s been two years. If we weren't at 14k only few months ago I would have the same feeling. The pump from 3k to 14k was so refreshing and exciting it almost had the same effect as from 1k to 20k. Not completely the same thing it was, but close. All these years, I watched many gambling/stocks market movies and I liked them but somehow I missed a major one, "The wolf of wallstreet" Daym this movie is tha bomb. Makes me wanna go all in.  So pumped right now. From now on, I am stepping up my game. I'll jerk off 5 times a day instead of 2. And it is so weird, I started to live a bit like those guys (motivation-wise I mean, like a chart addict. no yachts, millions, coke etc yet) after I met bitcoin and I didn't know even this movie existed. Wew Yeah, next pump I should probably try to frigging REMEMBER the whole PARABOLIC swing scenarios. So when BTC frigging almost doubles, take some damn profit, even if you are in HODL mode and it is BTC 'dust' and frigging sell and reinvest the next go around every other frigging year or so. |
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