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2301  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2020, 04:36:09 AM
Nice one!

Suggestion for Rule 8: The badger & screenshot shall be posted simultaneously in the same post. The [Edit] button shall never be used to add or modify anything after the post is made.

Looks like your game is going to end soon...
...and everyone's the winner!

I am thinking about that but... How can I detect if someone uses the edit button in the grace period? Is there a way?

Or maybe I should just add it to the rules and trust in the good faith of participants as this is just for fun and the prize is trivial/irrelevant.

Yeah, I thought about that too. Maybe just trust in good faith... Another idea is to ask for the screenshot to contain the timestamp (Bitstamp shows it on the bottom-right of the graph). The earliest capture wins, even if not the very first to post.

Hmmm, maybe just let it roll as-is (no rule) and judge for yourself. When it goes over $10,000 we'll all be winners anyway...

Edit: Going to HoDLsleep now, I hope I dream of badgers, or even better, wake up and see badgers all over WO!
2302  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2020, 03:58:20 AM

($10K) TENacious Badger Challenge


Inspired by LFC's Vegeta Challenge, I present you my little "TENacious Badger Challenge":

As I am a little poor and stingy this is not about the money, there will be a little prize of TEN US DOLLARS in Bitcoin (exactly 0.001BTC at $10K) for whomever is first in posting a badger after Bitcoin price crosses $10K. In addition to that you will surely earn the admiration and awe of the entire WO community for your awesome badger like reflexes! ... And maybe even some additional merits depending on the awesomeness factor of your very own badger post!

Rules:
====

1) Bitstamp price needs to be *OVER* $10K. Nothing stops the attack of the badger... the fight is not over until the enemy completely bites the dust.

2) There will be ONLY one winner that will be decided at my sole discretion based on whatever evidence I and other WO members see.

3) I can change (only slightly for improvement) the rules at any point BEFORE the $10K goal is reached.  I will welcome suggestions too.

4) As I don't like to have standing "liabilities" FOREVER, this challenge is valid only during January and February 2020. I may later extend the period at my discretion if $10K has not yet been reached. I hope this won't be needed.

5) I have just realised that "Tenacious Badger Hops" is an already existing brand. This little challenge is in no way related to that brand in any way and, to avoid ANY possible confusion, their very own logo WON'T be accepted as a valid badger.

6) I am unsure if I should enforce the rule of posting a screen capture of Bistamp trading screen to make sure the price has already been crossed. I accept suggestions about this but, in the meantime (if price were to cross $10K sooner than I expect) it IS REQUIRED.

7) Again, if someone thinks I should change anything or I am forgetting anything/making any mistake, please tell me! This is my first time doing this.

Go badger, go!

Nice one!

Suggestion for Rule 8: The badger & screenshot shall be posted simultaneously in the same post. The [Edit] button shall never be used to add or modify anything after the post is made.

Looks like your game is going to end soon...
...and everyone's the winner!
2303  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 19, 2020, 02:31:41 AM
next stop 12,200

personally, u bear, I am rooting for $12,345.67

Or, better yet, $12,288.

Yes, I'm a power-of-two junkie, I know...
2304  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2020, 08:22:54 PM
[...]

Out of curiosity, what amount would you (or other fellow WOs) consider a healthy stash that one should have in order to realistically achieve financial independence? I know that it depends on country of residence, lifestyle, etc., but would love to hear your opinions on this.

Well, as you have correctly said, it depends on many factors so first you would need to think in FIAT terms (which is how most mundane things are priced) and establish a goal.

Let's say you come up with $1million as nice round number. Again, this could as low as $500K in some countries and just for a very modest lifestyle up to $5 million for US, with many years to live, and with a nice lifestyle.

ANyway, as I said, let's use the $1 million figure. So then, if you have 10 BTC, you would need a solid $100K price to reach that goal. Or just less than $50K if you have the "classic" 21BTC.

Most people with a three digit amount of BTC, we could consider they have already almost made it. Two digits... maybe soon, if we get lucky in the next few years.

Everyone needs to make their own numbers. And also remember that there is no guarantee of anything.

Of course that is if someone decides to cash out everything (or most) when the price target is reached. Which is not what I would suggest to do.

It would be much more reasonable, yet risky, to just keep cashing out as needed, even if you already reached your "goal". More so if you expect Bitcoin will keep rising during the next years or even decades.

Also, who said someone that just arrives right now to Bitcoin with barely any savings could easily just come and retire by investing what he can? That's not how the world (or nothing) works.

I understand the "retire" and "financial independence" point... but no, no one has any guarantee of that. And the only ones that have been in that position thanks Bitcoin it is either because:

1- They were extremely lucky in their entry point and/or decisions
2- They arrived later but they took the risk of investing a sizeable amount of money.
3- They hodled for MANY years. (ie. I am now on my 7 year some others way longer).

Bitcoin was never intended to be a get rich quick scheme, even if it resulted like that in some cases. For most it won't be a "retirement level" profit, just a better or worse investment.

As a final note I think I can give you the following great advise: https://bitcointalk.org/index.php?topic=1924731.msg19097436#msg19097436

IOW, I don't think you really need any additional advise from me.

Thanks for the reply. As you said, a nice, round $1 million would be more than enough for most people in most countries. I believe the "classic" 21 BTC is a good amount to have, which makes the above goal almost a certainty. As for me, my stash has increased since that post of mine that you've quoted, but still in double digits (*), so I guess I still have some way to go before I can consider myself financially independent, whatever that may mean to each one of us. I can safely say, however, that if when BTC/USD reaches or exceeds $100k, my personal goal (not necessarily the one stated above) will have been reached by a good margin.

(*) The above is purely hypothetical, I forgot my passphrase, all coins gone, now only have what's left in my Kraken account (around 1000 Doge I think)...
2305  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 18, 2020, 03:57:17 PM
It won't go to $400K you delusional fools!

If someone really needs $400K to be rich... you are doing it wrong and it is more Bitcoin what you need so that you can reach your goals with a much lower price.

Fools.

Aiai..... bitserve.... the word “never” is just to strong to use though I do agree on trying to gain as much BTC as possible

I don't think I used the word "never"... but yeah, my main point is exactly that. Price alone won't make anyone rich if he doesn't have enough stake in the game in first instance. Never.

And I only made a "bet" that I would be perfectly glad to "lose". IF. Wink

I see your point and I agree, except that the current price may be too high for a newcomer to be able to accumulate "enough stake" in the game to achieve financial independence at a much lower price...

Out of curiosity, what amount would you (or other fellow WOs) consider a healthy stash that one should have in order to realistically achieve financial independence? I know that it depends on country of residence, lifestyle, etc., but would love to hear your opinions on this.
2306  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2020, 05:02:33 PM
I don't know what it is that attracts them, but every time we have a pump or even a steady upward movement in price, all the BCH/BSV/B-whatever non-BTC shitcoinery shills come here and unload their hatred/insecurity/bitterness or whatever their problem is...

Mega pump incoming?
2307  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2020, 01:55:18 PM

Received & confirmed with thanks!

Message to r0ach:

LFC_Bitcoin just sent me 0.00587140 BTC (the equivalent of around $50). He doesn't know who I am. I don't know who he is. We did not have to register to any site or server. No one, I repeat, NO ONE, could stop this transaction from happening. Even if one miner refused to confirm it for some reason, there are thousands more who would. There were no intermediaries. No company or bank to allow or deny it. He cannot take it back. No one can. He was the sole owner of that amount. He transferred ownership to me. Now I am the sole owner of that amount. He did this from (probably) thousands of miles away from me. He did not have to send anything by mail. It happened over the air. Electronically. It took less than half an hour. It cost less than $0.40. It will stay in the Blockchain forever. That's Bitcoin.

I wish I had some merit for this post. One of the best I have read and If you don't mind I'd like to pass it on to some people?

Thanks, of course you can share with anyone. I hope it helps people realise how BIG this stuff really is.

Also thx to P_Shep!
2308  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2020, 10:50:10 AM

Received & confirmed with thanks!

Message to r0ach:

LFC_Bitcoin just sent me 0.00587140 BTC (the equivalent of around $50). He doesn't know who I am. I don't know who he is. We did not have to register to any site or server. No one, I repeat, NO ONE, could stop this transaction from happening. Even if one miner refused to confirm it for some reason, there are thousands more who would. There were no intermediaries. No company or bank to allow or deny it. He cannot take it back. No one can. He was the sole owner of that amount. He transferred ownership to me. Now I am the sole owner of that amount. He did this from (probably) thousands of miles away from me. He did not have to send anything by mail. It happened over the air. Electronically. It took less than half an hour. It cost less than $0.40. It will stay in the Blockchain forever. That's Bitcoin.
2309  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2020, 09:35:19 AM
via Imgflip Meme Generator

Btw am I to late?? Damn that HODLnest kept me to long in it

ROTFLOL !!!

Jewegeta

Grin
2310  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2020, 09:26:39 AM
OK!
After talking about this privately with a couple of high ranking WO’s we declare ivomm as the winner.

Please PM me a bitcoin address.

(I meant $9000 hence the Vegeta meme - sorry about the ‘over’ confusion/technicality)

Edit - Just saw this

Congratulations to the Vegeta meme winner!
Missed you both by a fucking second.

Now if we look closely, AlcoHoDL's Bitstamp screenshot is a few seconds earlier that ivomm's.
That's because ivomm edited the Vegeta post to add the Bitstamp screenshot after he posted the Vegeta.

I was thinking about that tbh. Whether I should do the same or not.
I'm not trying to say ivomm did something wrong, I'm just stating the facts, cos LFC asked for a clear picture.
For myself they are both winners.

AlcoHoDL - Also winner - Please PM with address.
I can’t decide or split you!

Many thanks LFC, really appreciate your classy move to award to both! Was a great game, quite tricky to capture/upload the screenshot, paste the meme link and hit Post, all in one quick move...

Congrats to ivomm and all who played, and of course to all WOs out there!

Cheers!
2311  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2020, 08:47:27 AM
You are in fact too early. The price was not OVER $9000. Wink
Damn! that was too close. It took me few minutes to figure out! How come it did not cross $9k!

It's because of the big walls at round numbers. It's more difficult to cross round numbers like $9000, $10000, etc.
2312  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2020, 08:41:59 AM
Congratulations to the Vegeta meme winner!
Missed you both by a fucking second.

Now if we look closely, AlcoHoDL's Bitstamp screenshot is a few seconds earlier that ivomm's.
That's because ivomm edited the Vegeta post to add the Bitstamp screenshot after he posted the Vegeta.

I was thinking about that tbh. Whether I should do the same or not.
I'm not trying to say ivomm did something wrong, I'm just stating the facts, cos LFC asked for a clear picture.
For myself they are both winners.

I also thought about this, but decided it would not be fair to use BitcoinTalk's grace period to edit my post and add the screenshot after the fact.

So I just posted both in one shot, and NEVER hit the Edit button. The timestamps on the screenshots confirm this as you say.

Anyway, it's LFC's call.

And strictly speaking, the game is still on!
2313  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2020, 08:26:51 AM
sorry but I was NOT over 9000 Smiley

That's correct.

I also thought about this.

Strictly speaking, the game is still ON !!!
2314  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 17, 2020, 08:16:07 AM
via Imgflip Meme Generator

2315  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 16, 2020, 07:24:16 AM
Just spent an hour educating myself on Bitcoin entropy inspired by a r0ach post, haha. Picked up a couple gems from here anyway.
https://medium.com/the-bitcoin-times/bitcoins-eternal-struggle-2c197f1bafd8
I liked the argument that BTC is mostly informational however nonetheless physical which negates r0aches claim that it's imaginary.

Quote
Bitcoin lives mostly in the informational realm, and just like all other information systems, it needs to store and process the information via a physical medium. Thus, if you change information in Bitcoin, you effectively change a thing in the real world. Whether that thing is a solid-state disk, USB stick, hard drive, optical storage medium, or something else doesn’t matter.

Exactly.

What traditionalists like r0ach fail to understand is that the informational realm is just as real as precious metals, with several added benefits that a piece of metal can never have, by its very definition. Assuming he's serious and really believes what he posts, he's either bitter at losing a large chunk of coins by selling early (which shows he's immature), or he's just a stubborn, delusional individual who simply fails to realise the significance of the informational realm. Yet, he has no issues surfing the net and making use of a wealth of information in cyberspace every day...

Kinda like a broken version of Ted Kaczynski.
2316  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2020, 03:06:39 PM
[...]

I don't doubt about future of blockchain, it is a greta techonology, also cryptocurrencies.. I am just worried about BTC as the Messiah for the social inclusion and financial freedom.. Satoshi's Spirit went down the toilet some time ago. Regards to your old months girl, from my 10 months old boy.. and have been last 2 days in the hospital with fever..this worries still much more than BTC!

[...]

Is Greta Thunberg a blockchain supporter? That's BIG news, I was a bit hesitant, but now I'm going ALL IN!

2317  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2020, 07:15:23 AM
Morning WOod very cold, BTC over 8000, patience. Wink

FTFY.

True HoDLers need not worry.

Funds are safu, this is fine.
2318  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 09, 2020, 05:08:53 PM
I see troll activity is increasing...

Must be a pump in the making.

This is fineTM.
2319  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 09, 2020, 09:12:15 AM
Ex-KGB

There is no such thing as Ex-KGB...

Well... Litvinenko, Skripal...

That's what I meant. When you defect you either end up glowing in the dark from Polonium-210 or you've never actually defected. Wink
2320  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 09, 2020, 07:52:05 AM
Ex-KGB

There is no such thing as Ex-KGB...
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