Hi guys ... had been absent for awhile. My father passed away and I have to go visit the country. The little coin I have left has been spent. If anyone wants to help, you can always send me a message. The war is just bad. I have everyone vax'd but still need a bunch of paperwork just in case.
Sorry for your loss, Dabs. I've lost both my parents, so I know how it feels. My sincere condolences. |
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To be a billionaire and not own Bitcoin is pure stupidity. [...] My thoughts exactly. I'd even say, not only for rich people, but for anyone with a brain. Bitcoin is a strange beast. I have friends and colleagues who are university-educated, some with Masters and Doctorates, and yet they still dismiss Bitcoin, calling it a fraud and a Ponzi. I guess the fiat standard has been so deeply embedded in people's brains, that, combined with the inherent difficulty in understanding PoW and how Bitcoin works, makes them incapable of recognizing its value. Sometimes I wonder if Bitcoin adoption by the masses is actually increasing... Still no people (in my social circle) know enough to be able to "do it themselves". They always need me to spoon-feed them everything, and even when they buy some tiny amount of corn, they don't really understand what they've done. There's no spark in their eyes. They're just not ready for it yet. Still a long way to go... |
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Good catch..the're lots of super opinionated people around here.
So his reason to say negative things to me on is because I have been posting Bearish things earlier. Doesn't that shows my stand on something which I believe is going to happen? People don't even understand the word "Opinion". The discrimination is surreal and affects my mental health. This place is not OPEN for discussion, this place is just another thread where they want to hear only HOPIUM news for BTC. Sick. Hey, ImThour, chill man, no one is out to get you. These are dee intertoobz! It's good to have an opinion and post it here, but doing so gives everyone the right to respond. It just so happens that most of us here in WO have recognized and have understood the reasons for Bitcoin's long-term UPPity trend, so it is more or less expected that bearish posts are essentially giving credence to the outliers rather than the substance of Bitcoin's trend-line. If you ask me, I would treat both short-term bearish and short-term bullish predictions as semi-jokes and meme material. There is no point in predicting the outcome of the tossing of a coin. It doesn't matter if you pick Heads or Tails, the chances are exactly 50%, thus such predictions are Crystal Ball material. Believe it or not, short-term Bitcoin price action is very similar to a toss of a coin. As much as I'd like it to be Heads, I cannot take that prediction seriously. Same for Tails. And, given Bitcoin's long-term UPpity trend, as clearly shown by the 200-Week MA, betting on bearish short-term price action is like picking Tails on a coin that's biased for Heads, making such prediction even less credible. If you're short-term bearish or bullish, you will be right and you will also be wrong. Reason: price action is locally random. Toss a coin. So, sure, you can be as bearish as you like, but you should expect replies, some of which may not be favorable. On another unpopular opinion, I agree with cAPSLOCK's stance on the necessity of banks in the world. As much as I hate banks, I do recognize that not all human beings are (or can be) tech-savvy enough to be able to "be their own bank". There's a reason for banks, but the huge benefit that Bitcoin has given the world is that now there is a choice. Can you handle "being your own bank"? You can choose to do it. Too complicated for you? Let a 3rd party handle it. There is a choice. Forcing all humans to "be their own bank" is both impossible and unethical. So, I see banks existing and even thriving in the Bitcoin era. Much like the music industry fought iTunes as the enemy, and then fully embraced it. The music industry still exists and is still making money BTW. The above opinion is unpopular in WO. I will surely get many negative responses, calling me retarded and all, but I don't mind. That's what I believe and I post it. So, you post your stuff and don't let the comments affect you in any way. Time will tell who was right and who was wrong anyway. My 2 sats. |
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Bitcoin and ModelsI have created 3 models using Power Law and DPC Model whose data was provided to me by @DeFi_initiate. This below chart contains the prediction of all these models (2021-2026):1. Power Law 2. DPC Model 3. AVGPD - Average of Power Law and DPC Model 4. AVGD2 - Average of DPC Model and AVGPD 5. AVGALL - Average of Power Law, DPC Model, AVGPD and AVGD2. Lowest BTC Price by All these Models for 2022-2026:Power Law: $35,099 DPC: $18,334 AVGPD: $33,123 AVGD2: $25,944 AVGALL: $31,382 Highest BTC Price by All these Models for 2022-2026:Power Law: $217,776 DPC: $389,245 AVGPD: $267,594 AVGD2: $328,420 AVGALL: $282,801  That's nice. It looks like there will be a great opportunity to BTFD on 01/01/2023. Got to make sure I load Kraken with a good amount of funny money (a.k.a. fiat) before then. Looks to me like the listed models (which are two rather than three and than figuring out if there is better data by averaging the averages of the models) are retarded, and you are retarded too, AlcoHoDL .. to follow such consensus forming "down before up" nonsense models... or the rendition of such models by someone who seems to be filled with persistent and ongoing DOWNity hopenium and to have few clues about other variations of models that actually exist in bitcoinlandia.... #nohomo  I appreciate that you AlcoHoDL were likely toying with such retarded "enlightened-lackening" wishenings, rather than really taking such nonsense seriously... My opening phrase says it all. "That's nice." as in "That's nice, you fucking beartard." Can this even be considered to be anything other than a joke? Frankly, considering that my profit/loss threshold currently stands at about $1800, I don't even care much if it drops to $20k or even less. But I'm pretty sure that it won't.  Models, models everywhere! One can construct a model that fits a specific narrative -- any narrative. So, beartards tend to build beartard models, while bulls tend to build bullish models. Which tells us one thing: never trust any model you come across in the intertoobz. Personally, I never blindly trust a model. Any model. The only "model" I take seriously, is Bitcoin's Halving 4-year cycle. Supply is cut in half every four years. There's no need to know anything more that this, to know that its price will rise. The 200-Week MA confirms this, as well as the WMAs below it, down to the 169-Week MA, as Phil_S has shown (the less weeks in a monotonically increasing MA indicator, the steadier the price appreciation over time). MA indicators are not models, but one can extrapolate from them (esp. the longer-horizon ones, such at the 200-Week MA) and get a pretty good estimate of what's coming. That's more than enough for me. Anything short-term is Crystal Ball material, and I treat it as such. Back to ImThour's self-fulfilling predictors, false as they may be, if they make me dream of BTFD at a price under $20k, so be it. As much as I'd hate for the price to drop so low, and I don't believe it will, I'd take that opportunity to buy cheap coins without hesitation. For long-term HoDLers like us, either way it goes in the short term is a win-win. Low increases our stash, high increases our profits. And the long-term trend is virtually guaranteed UPpity. What's there not to like? |
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Bitcoin and ModelsI have created 3 models using Power Law and DPC Model whose data was provided to me by @DeFi_initiate. This below chart contains the prediction of all these models (2021-2026):1. Power Law 2. DPC Model 3. AVGPD - Average of Power Law and DPC Model 4. AVGD2 - Average of DPC Model and AVGPD 5. AVGALL - Average of Power Law, DPC Model, AVGPD and AVGD2. Lowest BTC Price by All these Models for 2022-2026:Power Law: $35,099 DPC: $18,334 AVGPD: $33,123 AVGD2: $25,944 AVGALL: $31,382 Highest BTC Price by All these Models for 2022-2026:Power Law: $217,776 DPC: $389,245 AVGPD: $267,594 AVGD2: $328,420 AVGALL: $282,801 That's nice. It looks like there will be a great opportunity to BTFD on 01/01/2023. Got to make sure I load Kraken with a good amount of funny money (a.k.a. fiat) before then. |
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Frankly, I'm quite surprised that the EU "POW-ban" was voted against. I see Greta and I tremble, as if she's some kind of modern-day deity. Her innocent face and cute pigtails... Is she the modern reincarnation of the Virgin Mary? How dare those 32 sinners down-vote the ban? They shall be forever damned to eternal torture for destroying our planet! Seriously, as a European citizen, I've always praised the supposed open-mindedness of the EU, as opposed to the more conservative mentality of the USA. But lately, the EU has demonstrated such utter stupidity, ignorance, naivety and arrogance, that it has left me completely disappointed -- not that I ever had real faith in the traditional system of things that both the EU and the USA represent... Bitcoin fixes that, and they know it. And it cannot be stopped. Well, it is good news for Bitcoin (for now at least). I see price is more or less steady at just under $39k, it seems that Honey Badger don't care, and rightly so. Or there is a pump-lag and it will arrive anytime now. We'll see. In any case, I don't worry about Bitcoin. It's proven its robustness time and time again. GTCTTWW, as any true HoDLer knows. Onwards & upwards. HoDL. |
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[edited out]
Good work, Phil_S. Pretty close to the 200-Week MA, which has always been monotonically increasing and is currently at $20,283. Ok.. so it is ONLY me who does not know what Phil_S is referring to and how it differs from the 200-week moving average? He is referring to the 169-Week Moving Average indicator, which has a slightly shorter horizon than the 200-Week MA (3.25 years vs. 4 years), hence the higher current value ($23k vs. $20k). If you read Phil_S's post carefully, you'll see that the unconventional 169-Week MA is his answer to the question "what is the shortest Weekly Moving Average indicator that has never dropped in value?" He did some number crunching of Bitcoin's historical data and came up with the 169-Week MA as the answer. According to him, anything less (in weeks) has had a drop in its value sometime in its history. I find his result quite interesting, and one that reinforces the long-term HoDLing advice I always give to Bitcoin newbies. I hope it is now clearer. |
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Does anyone here have any experiance with E3 spark plugs on older vehicles, like 70, 80, 90s vehicles? People with older cars seem to speak highly of them, whereas newer cars and turbo cars don't seem to get anything extra out of them. They also seem to work very well on small engines, like lawn mowers. Thinking of ordering for my old Volvo, but wondering if anybody here have used them and can comment. https://e3sparkplugs.com/A test. https://www.youtube.com/watch?v=jcVF3xL_fzk&ab_channel=ProjectFarmThey have even misspelled the word ENGINE in the main image on their site (they've typed EN IGINE) and have not bothered to correct it... I spotted it virtually instantly on my first visit to their site. Just a fancy-looking spark plug with probably no real benefit IMHO... I'd just buy a set of high quality Japanese NGK ones instead. |
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[...] After watching the link Bob kindly provided... [...] I followed Bob's link, and there's a big hole formed over Ukraine... Also, zooming out, the difference in air traffic density in various regions throughout the world is staggering.  |
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I experimented a little bit, and the answer is 169 weeks (3.25 years).  It's at $22780 right now, and rising about $30 a day. Good work, Phil_S. Pretty close to the 200-Week MA, which has always been monotonically increasing and is currently at $20,283. |
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CDBCs vs Bitcoin is a very interesting discussion to have. There are pros and cons to both. And to different sorts of users.
Pros and cons to both.. fuck that nonsense... [...] You are, as you tend to do, inferring things I do not mean. Well, don't say it then. [...] Jay, cAPSLOCK does not like CDBCs, he's just being realistic... Sure.. I can appreciate that... but it seems that CBDCs should be treated like a shitcoin as far as this thread is concerned... .. at least that is my tentative position.. no hard feelings against anyone who sounds like they are pumping that nonsense (even though strictly they would not be pumping them) but I doubt that it really serves us to be giving ammunition to trolls to get us devolving into that topic.. even though surely cAPSLOCK is not a troll.. .. but it seems that sometimes from maybe my narrow and stubborn perspective, it can become a bit distracting to be exploring all of those various fringe theories about this might happen, and that might happen and blah blah blah.. and fuck that... let's address them when they happen... that is if they happen.. Remember Stolfi used to talk about all of the various what ifs in relation to bitcoin.. and yeah.. the what ifs might happen.. and yeah he was technically correct that they might happen even while he largely continued to distract us and divert us from more important discussions, and from my perspective all of these negative potential scenarios are not really a great thing to be talking about here..unless there is some kind of direct connection to bitcoin.. at least not from my perspective and without some kind of concrete connection to what is actually happening rather than what might happen and laying out all the base cases why people consider CBDCs to be wonderful blah blah blah.. .. including that bitcoin is obviously preferable to that crap... just like many of us could be making the case that various shitcoins can provide all kinds of benefits and liquidity for people to move their value around when they are potentially targeted by governments and when bitcoin might not work and blah blah blah, but we do not talk about those kinds of potentialities here... even if they might be happening... at least not mostly because those are slippery-slope devolution topics.. at least from my perspective... not even anything personally directed towards cAPSLOCK.. and yeah.. let's play it by ear if some members want to bring that crap up and how they choose to bring it up and they can do what they like, and they will likely get some backlash from some of us... but yeah.. maybe they will prevail and we will be talking about all the various CBDCs and how they can be used.. blah blah blah.. . especially if it goes too far down the road towards distracting speculation about stuff that may or may not happen.. . I see and appreciate your points, and I hate CBDCs too, but me or you hating them does not make them go away. I think knowing your enemy and being prepared for what may be coming is better than being dismissive and closing your eyes. I think we're on the same page here. |
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Amateur. Get on my level.  What a sexy pepper! Fits nicely with the recent Bitcoin push-pull price action. Ouch! |
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Does Putin give you boys a pat on the head while your sucking him off?
You're confusing them with someone important. It's just a job, and with the ruble being what it is now, the pressure is on to post more. What's interesting is that, if you talk to them, you'll find that, deep down, many conspiracy theorists actually want WW3 to happen, they crave for all those bad things they talk about to actually come true. It's like proving to themselves that they're right -- feeding their ego and self-righteousness is more important to them than averting a disaster, pandemic or war. I think there is a psychiatric term for their condition. I'm not talking about the paid ones, for them it's just a job... |
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CDBCs vs Bitcoin is a very interesting discussion to have. There are pros and cons to both. And to different sorts of users.
[...]
Pros and cons to both.. fuck that nonsense... [...] You are, as you tend to do, inferring things I do not mean. [...] Well, don't say it then. [...] Jay, cAPSLOCK does not like CDBCs, he's just being realistic... |
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Really sorry to hear that, dude... Never had a dog (or any pet) in my life, so I don't have personal experience, but I know they can be very loyal friends, certainly more loyal than humans. It's so tragic that their lives are so much shorter than ours, so every owner should know that this will eventually happen -- but it still doesn't lessen the pain... All the very best, stay strong. Been really busy with work lately, no time to post here in WO, but I do enjoy reading you guys, even with the OT war discussions going on. Like you, I don't pretend to know what's really going on behind the scenes in the Russo-Ukrainian conflict, so I keep quiet and read all comments here and elsewhere. In any case, and whoever is to blame (probably both sides, to varying degrees), killing and displacing innocent people surely is something very sad to see, in this day and age. I do hope it gets resolved soon. O(n)T: I see King Daddy is making a move again, almost $42k as I type. Onwards & upwards, $50k soon, ATH in the summer, 6 digits by Christmas. HoDL. |
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So my wife just tested positive for COVID, I've tested and am negative. Slightly worried for her as she has a very weak immune system but she's vaccinated so hopefully help in that regard. Fun times.
In BTC news, been a good couple days price wise, anyone who sold over the last few weeks would be feeling pretty stupid right now
Forget COVID-19, now we have RUVID-22... Jokes aside, wishing your wife a speedy recovery. Everything should be fine. |
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Last phrase: "Bitcoin has very defined rules, but no rulers."Go girl! |
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First strike capability is just that...the ability to launch a preemptive attack before a conflict is initiated. Wargaming this scenario would be launching a surprise attack with the intent of reducing or eliminating your opponents ability to respond.
[...]
"In nuclear strategy, a first strike is a preemptive surprise attack employing overwhelming force. First strike capability is a country's ability to defeat another nuclear power by destroying its arsenal to the point where the attacking country can survive the weakened retaliation while the opposing side is left unable to continue war." Source: Wikipedia — Pre-emptive nuclear strikeIn other words, first strike capability is not merely to be able to strike first, but to also be able to defeat the enemy and survive the retaliation. |
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