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Question: When will we see a new ATH?
2023 - 36 (25.4%)
2024 - 54 (38%)
2025 - 39 (27.5%)
2026 - 3 (2.1%)
2027 - 2 (1.4%)
After 2027 - 3 (2.1%)
Never - 5 (3.5%)
Total Voters: 142

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25985048 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 5 users with 9 merit deleted.)
Last of the V8s
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February 04, 2018, 10:18:39 AM
Merited by Ibian (1)

@steve_hanke https://twitter.com/steve_hanke/status/959530873363329026

In 2013, I told the New York Times that “to say digital money is highly speculative would be the understatement of the century”; 5 years later, my statement turns into a self fulfilling prophecy, with #Bitcoin dropping by 60% in less than a month

 @steve_hanke
Applied Economist @JohnsHopkins | Sr. Fellow & Director #TroubledCurrencies Project @CatoInstitute | @Forbes | FX & Commodities Trader | Reagan White House Alum

-great that all these fiat economists are coming out with easily-rebuttable butthurt.
-their scams will be very obvious to the public
-and to politicos
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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February 04, 2018, 10:19:06 AM
Merited by Last of the V8s (1)

Well, most is, but some is a little off. As an example, I agree adoption is the main point, but I haven't heard about bugs biting and making developers lose testnet funds recently. Also, the route-finding problem is exaggerated. It is impossible to guarantee an optimal (shortest) route is found, but quite feasible to find just any route. If channels live long enough, a store-and-forward policy could take care of that. Also, opening and closing channels can become much cheaper with some new proposed pooling/batching protocols. You just open many channels at once and share the fees. Things will only get better with Schnorr signatures.

<tinfoil>Do you know/can you find out the guy's track record? It sounds a bit like undercover shilling.</tinfoil>
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February 04, 2018, 10:22:58 AM
Merited by JayJuanGee (1), Last of the V8s (1), Dunkelheit667 (1)


The criticism seems to boil down to (1) it’s not ready yet and (2) we don’t know if it will be enough.  

The answer to (1) is “yes, duh” and the answer to (2) is “yes but it’s better than anyone else”.  

Add to this the fact that Bitcoin has scaling problems because it has scale.

 On that note I gave up trying to download the Monero blockchain after a week, and downloading the Eth blockchain is a nightmare. I think a lot of these people bitching about scaling have never run a full node.
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February 04, 2018, 10:28:35 AM

I think a lot of these people bitching about scaling have never run a full node.
Surely, you mean a "full-validating, non-mining node"? Asks our wordsmith colleague jbreher.  Grin
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February 04, 2018, 10:30:00 AM

As noted by another poster, our guy Masterluc got his account on TradingView disabled.

(yesterday at 12:37 pm)
Quote from: Masterluc
TradingView busted me whether it's the account, or the ideas. I do not know what I broke there. Well, fck them.

Where is that quote from Masterluc taken from?

cause his account on bitcointalk was hacked the other day
If's from VKontakte, his main outlet recently.
https://vk.com/bitcoin_vanga

Cool, thanks.
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February 04, 2018, 10:30:28 AM

I hope (and believe) we will see the last dip today, before going up again for an extended period. The bottom, as they say. I set my orders accordingly.
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February 04, 2018, 10:32:14 AM

I wonder how our good old friend Stolfi is getting on?

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February 04, 2018, 10:34:21 AM
Merited by JayJuanGee (1)

I hope (and believe) we will see the last dip today, before going up again for an extended period. The bottom, as they say. I set my orders accordingly.
Same here. My last hopelessy-low-will-never-get-filled buy order got almost half filled. Undecided if I should place another just 50$ lower. Hmmm... maybe not until this one gets cleared.

On a related note, please keep posting, everyone!
The more we post (especially memes with TITS!), the better we'll be off when we're back to WOPC parity later this year.
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February 04, 2018, 10:35:03 AM


The criticism seems to boil down to (1) it’s not ready yet and (2) we don’t know if it will be enough.  

The answer to (1) is “yes, duh” and the answer to (2) is “yes but it’s better than anyone else”.  

Add to this the fact that Bitcoin has scaling problems because it has scale.

 On that note I gave up trying to download the Monero blockchain after a week, and downloading the Eth blockchain is a nightmare. I think a lot of these people bitching about scaling have never run a full node.

Many of the lightning network "fair criticisms" come off as a bunch of silly-ass premature whiners, making up a bunch of speculated bullshit.
Neo_Coin
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February 04, 2018, 10:36:04 AM

JayJuanGee
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February 04, 2018, 10:40:20 AM

I hope (and believe) we will see the last dip today, before going up again for an extended period. The bottom, as they say. I set my orders accordingly.
Same here. My last hopelessy-low-will-never-get-filled buy order got almost half filled. Undecided if I should place another just 50$ lower. Hmmm... maybe not until this one gets cleared.

On a related note, please keep posting, everyone!
The more we post (especially memes with TITS!), the better we'll be off when we're back to WOPC parity later this year.


Aren't you going to run out of money, sooner or later, if you keep setting your never, ever ever ever ever, to be filled buy orders only $50 below the previous buy order with the same title?    Cheesy Cheesy Cheesy


unless you happen to be one of those banks with printing authority, aka unlimited fiat.
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February 04, 2018, 10:41:16 AM



The  2018 cart will be filled with lambo's and champagne.
Last of the V8s
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February 04, 2018, 10:42:22 AM

Well, most is, but some is a little off. As an example, I agree adoption is the main point, but I haven't heard about bugs biting and making developers lose testnet funds recently. Also, the route-finding problem is exaggerated. It is impossible to guarantee an optimal (shortest) route is found, but quite feasible to find just any route. If channels live long enough, a store-and-forward policy could take care of that. Also, opening and closing channels can become much cheaper with some new proposed pooling/batching protocols. You just open many channels at once and share the fees. Things will only get better with Schnorr signatures.

<tinfoil>Do you know/can you find out the guy's track record? It sounds a bit like undercover shilling.</tinfoil>

it's like it was written six weeks ago.
Banfield used to be ok, sort of a bog-standard core-tard.supporter
maybe he's been got at by now, a la Daniel Krawicz, idk. skim some of his email newsletters?

your insights in this thread are gr8
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February 04, 2018, 10:42:33 AM

Aren't you going to run out of money, sooner or later, if you keep setting your never, ever ever ever ever, to be filled buy orders only $50 below the previous buy order with the same title?    Cheesy Cheesy Cheesy

unless you happen to be one of those banks with printing authority, aka unlimited fiat.
Sooner or later, yes, unfortunately.
But I'm still good - I haven't sold grandma yet.
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February 04, 2018, 10:47:27 AM
Merited by julian071 (5)



The  2018 cart will be filled with lambo's, hookers, blow, and champagne.

FTFY
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February 04, 2018, 10:50:53 AM

Last of the V8s
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February 04, 2018, 11:00:56 AM

Last of the V8s
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February 04, 2018, 11:18:21 AM
Merited by JayJuanGee (1), Wekkel (1)

Silicon Valley : Move fast and break things
Bcash : Move away and break things
Ethereum : Break things and break other things
Bitcoin core : Move slow and mend things
MP : Move to Patagonia and make something while Bitcoin breaks quite exactly everything
Hodlers : Breakfast in bed and ... things
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February 04, 2018, 12:16:45 PM

Shaking the weak hands off a bit more and some more credit card FUD making the rounds. Maybe going down lower than < $8.5K.

I predict this week will see a big rise in the entire crypto market and we will be comfortably over 12K again in a week's time.  Cool
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February 04, 2018, 12:20:13 PM

Shaking the weak hands off a bit more and some more credit card FUD making the rounds. Maybe going down lower than < $8.5K.

I predict this week will see a big rise in the entire crypto market and we will be comfortably over 12K again in a week's time.  Cool

credit card has lower fees than btc, ask bitcoin conference
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