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781
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 20, 2021, 07:00:36 PM
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Does this mean you don't have to eat cat food? No cat food for me.   Pet food is just human food from the parts that don't appeal as delicious/high quality to humans and is considered low quality. The manufacturers grind it all up and repackage it as "pet food". The retailers jack up prices and market it as healthier for pets. The truth is: its cheaper and healthier if you just feed them regular food that you eat too. Just make sure you dont give them food that they shouldn't eat. (chocolate, grapes, onions, garlic, salt/seasonings...) Pet food is a marketing scam. My late father was a truck driver, he owned one of those really large SCANIA trucks. I remember when I was a kid, he told me a funny story. He was travelling abroad with a couple of fellow drivers. So one night they went to the local supermarket to buy some canned food to eat. The food tasted really delicious, and they commented that this country had some really tasty canned food. When they collected the empty cans and remaining stuff to throw away, one of them noticed that the food was in fact dog food. They didn't spot it when they bought it from the supermarket! Nothing happened to them. They didn't buy it again though. When he came back he spoke normally, he didn't bark or anything. It's fine to eat. But may be less safe due to the fact that pet food does not have to follow the same regulations as human food. Our aversion to eating pet food comes from the fact that its called "pet food". That makes it seem alien and dirty in our minds. Yes, that's how I think about it. I wouldn't ever eat it. But I don't think it would hurt me if I ate it. Same with human flesh. (Most) humans would feel sick to their stomach to even attempt to eat human flesh, for psychological reasons, but it could actually taste delicious. I'd guess it would taste like pork meat. |
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782
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 20, 2021, 06:32:57 PM
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Does this mean you don't have to eat cat food? No cat food for me. Pet food is just human food from the parts that don't appeal as delicious/high quality to humans and is considered low quality. The manufacturers grind it all up and repackage it as "pet food". The retailers jack up prices and market it as healthier for pets. The truth is: its cheaper and healthier if you just feed them regular food that you eat too. Just make sure you dont give them food that they shouldn't eat. (chocolate, grapes, onions, garlic, salt/seasonings...) Pet food is a marketing scam. My late father was a truck driver, he owned one of those really large SCANIA trucks. I remember when I was a kid, he told me a funny story. He was travelling abroad with a couple of fellow drivers. So one night they went to the local supermarket to buy some canned food to eat. The food tasted really delicious, and they commented that this country had some really tasty canned food. When they collected the empty cans and remaining stuff to throw away, one of them noticed that the food was in fact dog food. They didn't spot it when they bought it from the supermarket! Nothing happened to them. They didn't buy it again though. When he came back he spoke normally, he didn't bark or anything. |
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783
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 20, 2021, 05:27:48 PM
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I wouldn't mind if Bitcoin reaches $100k within 2022 instead of 2021.
What I would not like is another ice-cold Bitcoin winter, like 2018-2020. I'd still HoDL, but it would get pretty boring. $100k is, for me, a level when I'd slowly start spending "tiny" amounts for pleasure and dreams-come-true stuff. But not before it reaches $100k. It's just a psychological threshold for me. It used to be $50k, but I've decided to double up for safety, so that I have a 100% safety margin.
Plan B's S2F model is nice, and I hope corn price follows it, but nothing is guaranteed when it comes to King Daddy. Predicting what will happen, based on any model, is of no use to me, as I won't be buying or selling anything based on such info. So I just sit back, relax, and wait it out.
2021? 2022? It's a when, not an if, and that's what matters.
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784
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 20, 2021, 12:15:51 PM
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Well, that's a bit personal question, but I am 29. Is that could be a matter to be annoying? I don't think that age could be a reason be the ugly guy. Bill gates are 66 and still, he is one of the richest men. Soborno Isaac bari is (9) the youngest professor globally and people knew him as an Einstein of our time. So, I think age and size, don't matter. You started off OK, but you seem to be degenerating into an arrogant, annoying troll. Copying-pasting others' text as your own to earn merits and now mentioning some supposedly smart Bengali-Bangladeshi kid you call "Einstein", whose con-artist father is milking him for money and fame. What's next? Deepak Chopra? Aliens? Urgently asking for 3 BTC? I sense a good bat-slappening, followed by a long, thick, rusty pipening are coming your way... |
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785
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 20, 2021, 06:08:00 AM
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Yes, indeed, now is as it switched to OA, but it used to be much less, but it is paid from grants anyway, not from the own pocket. But the true new outrage is the review charge (~2K euro). Now, I mostly teach (don't want to write grants anymore), but when i published there last, there was no charge for review...it is quite ridiculous.
Arxiv is great (and very popular) for physics, much less so for Biology.
Holy goat fucking, I have been out of the business for awhile. The whole point was subscriptions (esp library subs) covered the cost of paper review, only the Open Access journals were charging review and publish fees. Didn't realize Nature and Science were doing it. Times change. But as they say all God's creatures have to EAT. I've published several articles in various prestigious scientific journals, the last one was in 2020. I never had to pay a cent! The only limit was the size of the article. If it exceeded a certain number of pages (I think the limit was about 10 pages of two-column format), then I would have to pay for the extra pages. 2000 € / review is outrageous! Arxiv is great, Perelman published his proof of the Poincaré Conjecture there. Free, and serves its purpose just fine. |
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786
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 18, 2021, 06:14:32 PM
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Bitcoin is a strange thing.
-- Before you understand it, it is extremely confusing and makes no sense. This outright kills 99% of all potential adopters.
-- When you understand it, everything becomes crystal clear and falls into place. This happens to the remaining 1%, who HoDL like there's no tomorrow.
-- Traders belong to the first 99%, they just don't know it.
I don't think I've ever encountered anything quite like this in my life.
I agree with the overall sentiment of your post AlcoHoDL.. but something strikes me quite wrong about your 99/1 numbers... [...] As I was composing the above, I thought of adding a sentence saying that 99/1 is purely out of my own personal experience. As you say, it could well be 90/10 or even 80/20, although the latter seems far too optimistic to me. Whenever I go out for drinks/dining, I make a habit of asking the waiter if I can pay in Bitcoin (I have LFC's prize money in my phone, so I can always pay if they say yes). No one has yet responded positively to my request. The vast majority don't know much about it, some think it's another type of credit card, others think it's a kind of PayPal, many think it's a Ponzi/pyramid scheme, a few even mentioned Elon Musk FFS! Not a single one has yet to comment favorably about it, let alone agree to be paid in BTC... |
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787
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 18, 2021, 12:50:25 PM
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Bitcoin is a strange thing.
-- Before you understand it, it is extremely confusing and makes no sense. This outright kills 99% of all potential adopters.
-- When you understand it, everything becomes crystal clear and falls into place. This happens to the remaining 1%, who HoDL like there's no tomorrow.
-- Traders belong to the first 99%, they just don't know it.
I don't think I've ever encountered anything quite like this in my life.
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788
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 17, 2021, 07:20:50 PM
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Can't disagree with any of the above. Regarding Bitcoin units, I've also thought about the vast gap between BTC and sats (that's an 8-orders-of-magnitude gap -- it's massive). It's not so convenient to use 0.021 BTC, but neither is 2,100,000 sats. Perhaps we could say that we are currently in a no-man's-land kind of level in between the units... Some have tried to use mBTC, μBTC, and so on (proudhon would probably like that -- math, science and all). In those units, 0.021 BTC = 21 mBTC, which is quite nice. For some reason, though, those units never took off... I've always liked mBTC as a unit: when I joined Bitcoin, it was worth about €0.20. Now it's worth just over €50, but it's still a convenient unit (for "daily" expenses). I don't like for instance 0.00003 BTC, and I don't like 300000 sat for the simple reason it's annoying to count the zeros. With mBTC, anything from a coffee (0.05m BTC) to a jacket (2m BTC) has a convenient small number. My assumption has always been Americans don't like milli because they're not used to SI, but "here" it's quite common to use "m" for anything from volume to distance. It's the default now in Electrum, but for LN sats seem to be used more often. I think your example would be 3000 sat, but it still has quite a lot of zeros for such a small value. I also like mBTC, I hope it takes off some day. Better yet, I hope Bitcoin's value rises so much that the sat unit would then be as convenient as mBTC is now... |
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789
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 17, 2021, 06:58:23 PM
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[...]
these days some of us are either aiming for 0.21BTC, and some of us have admitted to reaching more than 0.63BTC...
Just consider how much more insight Billy nocoiner would be able to achieve merely from being in a kind of 0.21BTC to 0.63BTC accumulation range.. holey shit.. and for sure whole coiners are on another level these days.
[...]
0.21 BTC... What a ride! We've come a long way... It used to be 21 BTC, then 2.1 BTC. Now it's 0.21 BTC. Soon we're going to have to start talking satoshis. Something like 2.1M sats, 210K sats, etc. Seems really logical regarding a kind of transitioning from fractions to whole units. The vast majority of normie peeps (maybe apart from mathematicians, statisticians and other numbers-oriented scientists like proudhon) have a decent amount of difficulties to work with fractions as easily as they are able to work with whole units. Another kind of ironic dynamic seems to be that there seems to be a kind of natural progression from BTC to satoshis and skipping some of the labelling of the in-between units - and perhaps it really is NOT necessary to come to consensus regarding how to label the various in-between units.. at least not at this time, and dealing with satoshis might not even be that difficult.. such as working with large numbers of up to 100 million satoshis before we just convert over to bitcoin references.... o..k. o.k. maybe I am getting a bit ahead of myself in terms of some of the practicalities that might come from some kinds of labelling of some of the in between units.. because there is a bit of a bigness in even dealing with millions of satoshis.. sometimes those large quantities will not sink in very well and then when it comes to labels, it could still be a bit cumbersome to be dealing with 8 digits before getting into bitcoin as a unit... so practicalities are likely needed, practicalities.... but surely, there can be some resonance to for some newbies to proclaim that they are striving to reach their first goals of 1 million satoshis or even 21 million satoshis.. does not really seem to be lacking in concreteness, especially if talking about wealth accumulation goals (or early-stage investment goals). Owning whole coins used to be a routine thing. Now it's a holy grail. Soon it will be unreachable.
Check your privilege AlcoHoDL.. hahahahaha.. I hate to use that SJW expression.. but what the heck. It is already very unreachable for the vast majority of peeps in the world - outside of the fairly well to do in the West.. and even the elite in the non-west to be able to easily get to whole coiner status. Sure, there was a bit of a window between May and July-ish of this year, and it is seeming quite likely that tho0se kinds of windows are closing.. I am not completely sure that we might not get some buying opportunities in the $40ks or even in the lower $50ks.. but jeez.. in the $30ks is seeming less and less likely.. and gosh even being able to stack those levels to get to whole coiner status would be from peeps who have already accumulated decent amounts of wealth in property, 401ks, equities and perhaps some other assets but not from normie wage earners who are building their wealth and we know it can take a whole hell of a lot of time to build wealth, even to get to one years salary.. which one years salary might be way less than whole coiner levels in the non-west and even in the west maybe we could presume a kind of average of decently higher level earners to be slightly above the amount of a whole coin.. and moderately well-to-do (or is that just another way of saying middle-upper class?) couples might be earning in around the $120k arenas... Think. Accumulate. HoDL. Don't end up being future sat beggars.  Actually that is another decent reminder for just the mere practicality to ongoingly engage in building (stacking) of sat quantities - but there seem to be so many normies who are not even getting that message. Yeah maybe or maybe not they will get to a kind of goal of getting to 1 BTC.. but surely they are not going to get to 1 BTC if they do not get the fuck started as soon as possible and just have a kind of plan in place that might even involve goals of stacking for a minimum of 4-10 years and surely if they set their goals fairly modestly then they would have decent chances of reaching and exceeding their goals several times.. but there is a certain kind of benefit to consistencies and persistence... and even if some people do end up reaching/exceeding their goals through gambling, I have never recommended that kind of methodology.. because establishing and following through with the ongoing employment of a prudent and even a potentially quasi-aggressive incrementalist approach will still likely end up presenting such planner/accumulator into circumstances in which future opportunities will present themselves.. even if the opportunities (such as buying sub $40k BTC) might not be in immediate realistic ways to be considering what is likely or probable... but who knows about that, either... but have to get started, put a plan in place and then be in a better position (most likely) to identify and take advantage of opportunities when they do present themselves in the future. Can't disagree with any of the above. Regarding Bitcoin units, I've also thought about the vast gap between BTC and sats (that's an 8-orders-of-magnitude gap -- it's massive). It's not so convenient to use 0.021 BTC, but neither is 2,100,000 sats. Perhaps we could say that we are currently in a no-man's-land kind of level in between the units... Some have tried to use mBTC, μBTC, and so on (proudhon would probably like that -- math, science and all). In those units, 0.021 BTC = 21 mBTC, which is quite nice. For some reason, though, those units never took off... Newbies... From my experience, it's currently VERY difficult for the average newbie to get started in Bitcoin, due to its apparent "expensive" status. They all tell me that it's too expensive to buy. And the problem is not only in terms of understanding that one BTC is divisible by 100,000,000 units. Even when I explain this to them, they still don't like the idea of owning "only" 0.021 BTC. It seems far too teeny weeny tiny an amount to them. They'd rather invest in cheap shitcoins instead -- they can be whole-coiners that way, except they conveniently omit the "shit" part in between... Maybe this is really a feature, a way to filter out the weak hands... What do I know? At my time, common corn amounts were whole anyway, LOL! |
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790
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 17, 2021, 10:28:58 AM
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[...]
these days some of us are either aiming for 0.21BTC, and some of us have admitted to reaching more than 0.63BTC...
Just consider how much more insight Billy nocoiner would be able to achieve merely from being in a kind of 0.21BTC to 0.63BTC accumulation range.. holey shit.. and for sure whole coiners are on another level these days.
[...]
0.21 BTC... What a ride! We've come a long way... It used to be 21 BTC, then 2.1 BTC. Now it's 0.21 BTC. Soon we're going to have to start talking satoshis. Something like 2.1M sats, 210K sats, etc. Owning whole coins used to be a routine thing. Now it's a holy grail. Soon it will be unreachable. Think. Accumulate. HoDL. Don't end up being future sat beggars. |
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791
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 16, 2021, 09:53:16 AM
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BITCOIN IS CRASHING TO PRICE LEVELS NOT SEEN IN THE LAST 9 DAYS!!!  If you hold btc just relax and enjoy or the best is to have the btc sandwich with dips that could feed you for entire life.Taking two steps back mean the jungle king is preparing for high jump... Well, I am a Bitcoin HoDLer, and sure, I'm very relaxed. Extremely relaxed... Fucking totally relaxed. So relaxed I want to stick a rusty pipe in that filthy Yoda's ass. You fucks! FUCK! No, really, I'm very relaxed. Thank you Bitcoin. |
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793
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 11, 2021, 08:28:13 AM
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Like I said I was born in 1957 and will almost certainly be dead by 2069 as 112 is not going to happen.
But if BTC is to wind out and whale and be 1 or 2 or 3 million even 10,000,000 and there are 2,000,000 in Frozen coins they will be moved or set back into circulation.
As 1,000,000 x 2,000,000 = 2,000,000,000,000 / 2 trillion to and 10 million x 2 mill = 20 trillion in coins.
No way is that staying idle for all time.
The pressure put on them going back to recirculate will be huge. The power grid and gear used at that time will need to be fed.
Not a worry for this in 2021 or 2029 or 2039 or 2049 but by 2059 yeah if the world and btc have survived they will be big pressure for that event.
To those that disagree fine hope you live to see it not happen and come to my grave and laugh at me.
Philip... Oh, Philip... What's happening to you? Is this some kind of joke, or even a r0ach-like metamorphosis? If what you're saying ever happens, it will be the end of Bitcoin. It doesn't make any sense and, frankly, I'm very surprised you're saying it. Keys ---> Coins. Keys lost = Coins lost. That's a one-way street, can't work around it. Putting backdoors to coins is equivalent to breaking Bitcoin's security. Who is to decide when, how much, and from where? Coin age? And what if the original owner suddenly appears? Would his keys suddenly become invalid? What you're saying implies a central authority taking control of Bitcoin's blockchain, and is equivalent to hard-coding the invalidation of keys in the Bitcoin protocol. This is sweet music to CSW's ears, should a retarded judge ever award him rights to Satoshi's coins. Sorry to have to say this, but what you're suggesting is probably the biggest pile of nonsense I've ever read in WO... |
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795
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 09, 2021, 06:22:57 PM
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prediction for the year 2021 - at least one new ath every month  january 2021 - check✔ february 2021 - check✔ march 2021 - check✔ april 2021 - check✔ may 2021 - failed✖ june 2021 - failed✖ - i think i will have to use a better crystal ball next year july 2021 - failed✖  august 2021 - failed✖ - 4x ath followed by 4x without ath - its now time again for 4x ath  september 2021 - failed✖ - BTC is dead  ocuptober 2021 - check✔ nomoonvember 2021 - check✔ Hopefully there won't be a DeDumpcember... |
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798
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 05, 2021, 09:07:26 PM
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The problem I see in the Craig S. Wright trial: most, if not all of the judges and legal people, generally don't understand (and many don't like) the concept of Bitcoin and its fundamental properties that make it what it is. This lack of knowledge and understanding of Bitcoin by the legal system, combined with some clever tactics of manipulation by the CSW side, can lead to the judge awarding CSW rights on the BTC in the addresses he supposedly owns. This can lead to an avalanche of legal actions and pressure on the Bitcoin Core team to do something that can't even be done. We all saw what happened in the Cøbra case.
CSW is a cancer that is metastasizing to all aspects of Bitcoin's existence and development, with the sole purpose of feeding his ego and satisfying his megalomania. The sooner he disappears from the face of the earth, the better. He has to be hit so hard as to never be able to attack anyone ever again -- just like cancer: cut it out before it spreads.
I am not sure if I get what you are saying, AlcoHoDL. Isn't CSW merely fitting in a niche that happens to exist.. so even if he disappears from the trying to fuck over bitcoin scene, won't there by some other attack-vector dweeb to take his place as a newly anointed king of dweebs? I see your point -- Bitcoin has demonstrated time and time again that it is robust enough to not be affected by various attack vectors in its history, and the attack vectors will surely never cease to exist -- if anything they are likely to intensify. It's just that Craig Wright is a special kind of beast, one that won't give up so easily, and will keep on fighting to destroy Bitcoin as long as he can do it. I wouldn't be writing this if the Cøbra case had a different outcome. Forcing (and succeeding in) the removal of the Bitcoin White Paper from the UK version of bitcoin.org because of CSW's claim he's Satoshi has left a sour taste in my mouth... I just hate everything about this person, and really hate to see him winning cases due to the ignorance and technical incompetence of some judges. CSW is one sick megalomaniac the world would be better off without. |
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