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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25871152 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.)
smartcomet
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March 03, 2018, 01:08:27 AM

excerpt from
Denationalisation of Money. -The Argument Refined. An Analysis ofthe Theory and Practice ofConcurrent Currencies.
F. A. HAYEK. Nohel Laureate 1974
Quote
The historical evidence

Professor Friedman has since2 more fully explained his doubts
about the efficacy of my proposal and claimed that
'we have ample empirical and historical evidence that
suggests that [my] hopes would not in fact be realised-that
private currencies which offer purchasing power security
would not drive out governmental currencies.'

I can find no such evidence that anything like a currency of
which the public has learnt to understand that the issuer can
continueh~business only ifhe maintains its currency constant,
for which all the usual banking facilities are provided and
which is legally recognised as an instrument for contracts,
accounting and calculation has not been preferred to a deteriorating
official currency, simply because such a situation seems
never to have existed. It may well be that in many
countries the issue of such a currency is not actually prohibited,
but the other conditions are rarely if ever satisfied. And everybody
knows that if such a private experiment promised to
succeed, governments would at once step in to prevent it.
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HairyMaclairy
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March 03, 2018, 01:12:26 AM

its a trap its a trap its a trap 12K-14K then continue multi year bear market.
y tho?
Because it's next in the series of events I mapped out months ago including a drop below 6K followed by a bounce to 13k

I remember at 6K everyone was panic selling and calling 1K and I let you know that it was bouncing at least to 12K. Now that you have gotten this miraculous bounce and doubled your money with the perfect opportunity to sell, you demand ATH. You are too greedy.

So, where to from here Tera?  A possible further jump up as high as $14k then slow multi month grind down? 
JimboToronto
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March 03, 2018, 01:12:56 AM

I hate hard drives...fickle, delicate beasts

No freaking kidding. HDDs are obsolete relics from the 20th century second millennium.

It's time to move on from moving-parts contraptions. glass-bulb technologies and other fragile inefficient garbage.

I've been using SSDs since the days of IDE (PATA) and have never had an SSD fail.

I originally got into SSDs for performance (used HDDs in RAID-0 and RAID-5 before that), backing up to HDDs. It was the HDDs that actually failed. I was mainly seeking fast writes and reads. The extremely lower failure rate of SSDs was just a bonus.
TERA2
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March 03, 2018, 01:17:38 AM

Im not even sure. I just have to come in periodically to remind us that up doesnt mean $100K and down doesnt mean $100.
Last of the V8s
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March 03, 2018, 01:19:17 AM

its a trap its a trap its a trap 12K-14K then continue multi year bear market.
y tho?
Because it's next in the series of events I mapped out months ago including a drop below 6K followed by a bounce to 13k

I remember at 6K everyone was panic selling and calling 1K and I let you know that it was bouncing at least to 12K. Now that you have gotten this miraculous bounce and doubled your money with the perfect opportunity to sell, you demand ATH. You are too greedy.

To my shame I missed some time here. When I came back you were back too, being all bearish and annoying, so I ignored you for a bit and musta missed your 'series of events'. Would you link?
Ivor Biggun
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March 03, 2018, 01:19:41 AM

I hate hard drives...fickle, delicate beasts

No freaking kidding. HDDs are obsolete relics from the 20th century second millennium.

It's time to move on from moving-parts contraptions. glass-bulb technologies and other fragile inefficient garbage.

I've been using SSDs since the days of IDE (PATA) and have never had an SSD fail.

I originally got into SSDs for performance (used HDDs in RAID-0 and RAID-5 before that), backing up to HDDs. It was the HDDs that actually failed. I was mainly seeking fast writes and reads. The extremely lower failure rate of SSDs was just a bonus.

What's the longest time you have used an SSD for? I thought they were supposed to wear out faster than HDDs.
explorer
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March 03, 2018, 01:24:56 AM

I hate hard drives...fickle, delicate beasts

No freaking kidding. HDDs are obsolete relics from the 20th century second millennium.

It's time to move on from moving-parts contraptions. glass-bulb technologies and other fragile inefficient garbage.

I've been using SSDs since the days of IDE (PATA) and have never had an SSD fail.

I originally got into SSDs for performance (used HDDs in RAID-0 and RAID-5 before that), backing up to HDDs. It was the HDDs that actually failed. I was mainly seeking fast writes and reads. The extremely lower failure rate of SSDs was just a bonus.

What's the longest time you have used an SSD for? I thought they were supposed to wear out faster than HDDs.

I'm pushing 5 years on my oldest one, and  it has been flawless.  Pretty sure I've never had a HDD last that long, or even close.  My newest NVMe Pro is ridiculously fast.  Friends don't let friends HDD  Wink
Ivor Biggun
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March 03, 2018, 01:26:55 AM

I hate hard drives...fickle, delicate beasts

No freaking kidding. HDDs are obsolete relics from the 20th century second millennium.

It's time to move on from moving-parts contraptions. glass-bulb technologies and other fragile inefficient garbage.

I've been using SSDs since the days of IDE (PATA) and have never had an SSD fail.

I originally got into SSDs for performance (used HDDs in RAID-0 and RAID-5 before that), backing up to HDDs. It was the HDDs that actually failed. I was mainly seeking fast writes and reads. The extremely lower failure rate of SSDs was just a bonus.

What's the longest time you have used an SSD for? I thought they were supposed to wear out faster than HDDs.

I'm pushing 5 years on my oldest one, and  it has been flawless.  Pretty sure I've never had a HDD last that long, or even close.  My newest NVMe Pro is ridiculously fast.  Friends don't let friends HDD  Wink

Was your oldest one a cheap brand, an expensive brand, or a mid range brand?
Last of the V8s
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March 03, 2018, 01:28:23 AM

Only Samsungs are worth getting. Evo's are good enough for full nodes.
bitserve
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March 03, 2018, 01:30:16 AM

Bitcoin dominance: 41%
explorer
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March 03, 2018, 01:31:42 AM

I hate hard drives...fickle, delicate beasts

No freaking kidding. HDDs are obsolete relics from the 20th century second millennium.

It's time to move on from moving-parts contraptions. glass-bulb technologies and other fragile inefficient garbage.

I've been using SSDs since the days of IDE (PATA) and have never had an SSD fail.

I originally got into SSDs for performance (used HDDs in RAID-0 and RAID-5 before that), backing up to HDDs. It was the HDDs that actually failed. I was mainly seeking fast writes and reads. The extremely lower failure rate of SSDs was just a bonus.

What's the longest time you have used an SSD for? I thought they were supposed to wear out faster than HDDs.

I'm pushing 5 years on my oldest one, and  it has been flawless.  Pretty sure I've never had a HDD last that long, or even close.  My newest NVMe Pro is ridiculously fast.  Friends don't let friends HDD  Wink

Was your oldest one a cheap brand, an expensive brand, or a mid range brand?

All Samsung.  The old one I'm assuming, as it is in a sealed Samsung laptop...
bitserve
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March 03, 2018, 01:34:38 AM

Oh, another leg up... Here's my train: https://www.youtube.com/watch?v=nQDcDZ6rmGE

btcbeliever
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March 03, 2018, 01:41:41 AM

Oh, another leg up... Here's my train: https://www.youtube.com/watch?v=nQDcDZ6rmGE


a 10-day high!  Looking good!
bitserve
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March 03, 2018, 01:45:42 AM

Oh, another leg up... Here's my train: https://www.youtube.com/watch?v=nQDcDZ6rmGE


a 10-day high!  Looking good!

Yup. Let's see if racing drones + slow and steady trains give us some goodluck.
jojo69
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March 03, 2018, 01:45:55 AM

I've got a first gen Corsair Force F115 here that was the boot drive on my first Nehalem rig, its firmware went away about a year ago.

It is a brick.
HairyMaclairy
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March 03, 2018, 01:46:37 AM

Im not even sure. I just have to come in periodically to remind us that up doesnt mean $100K and down doesnt mean $100.

Its a good message we all need to hear.  We have a small pump on at the moment but I'm not getting too excited about it yet.  
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March 03, 2018, 01:52:44 AM


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March 03, 2018, 01:55:09 AM

(snip)

So tell us darling - how do we know the bear market is over?

If we hit 20k it definitely is  Grin

Yeah that’s not particularly helpful for those who want to enter before then...

Can a series of movements be taken as a more reliable sign? As in "down to 9.8k-9.9k, up again to 12.2k and slowly climbing 100$ a day for a week"? Or some hydraulic quantitative measure (using Toxic's suggestive idea of pools that fill up)?

Maybe it's too simplistic to try and define a complex situation by a simple level to be reached, if the path is not also taken into account.


If we close above 12.2k on a daily base... thats your sign...

If...

What more do you need than bitcoin at $11111? ... thats your sign...




I bought my first BTC at exactly $111.00 

I was thrilled when it hit $1,111.00

Now $11,111.00

Nice organic growth.  Looks like Wall Street's gift of limp d*ck was only temporary.

Ivor Biggun
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March 03, 2018, 01:56:41 AM

I've got a first gen Corsair Force F115 here that was the boot drive on my first Nehalem rig, its firmware went away about a year ago.

It is a brick.

The reviews for this Corsair drive are terrible. One of them recommends getting a samsung instead.

https://www.newegg.com/Product/Product.aspx?Item=N82E16820233160

Quote
Cons: It dies alot. I've had to RMA this drive 3 times. First time it died in 5 months, second time it died in 8 months, third time it died in 4 months.

I was running newest firmware and all the SSD win7 tweaks: trim, ahci, moved temp/page files, no sleep, etc

Corsair customer support is lacking. This last time I RMA'ed my drive they sent me back a refurbished drive WITHOUT the friggin mounting bracket that was originally included, so now I have no mounting bracket and a unreliable refurbished drive... for shame corsair... for same!!

Get a samsung

Other Thoughts: read the reviews on the samsung drives.. they are worth the extra money.
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March 03, 2018, 02:10:59 AM
Last edit: March 03, 2018, 02:37:29 AM by drays

I hate hard drives...fickle, delicate beasts

No freaking kidding. HDDs are obsolete relics from the 20th century second millennium.

It's time to move on from moving-parts contraptions. glass-bulb technologies and other fragile inefficient garbage.

I've been using SSDs since the days of IDE (PATA) and have never had an SSD fail.

I originally got into SSDs for performance (used HDDs in RAID-0 and RAID-5 before that), backing up to HDDs. It was the HDDs that actually failed. I was mainly seeking fast writes and reads. The extremely lower failure rate of SSDs was just a bonus.

What's the longest time you have used an SSD for? I thought they were supposed to wear out faster than HDDs.

I'm pushing 5 years on my oldest one, and  it has been flawless.  Pretty sure I've never had a HDD last that long, or even close.  My newest NVMe Pro is ridiculously fast.  Friends don't let friends HDD  Wink

As to me, 5 years of flawless work is too little to claim SSDs are superiour in reliability. Most HDDs i was using (almost all, in fact) lasted more than 10 years, and just went retired due to upgrading the PC... On laptops HDDs seem to die much sooner than on desktops though.

Not sure why people in the West think no-moving-part is a synonim to reliability. Might come down to marketing hype... For example, nowadays SSDs can be good, but MMC flash storages used in many tablets, phones and SBCs, are dieing very fast if you write a lot. I had to move from MMC to HDD for my OrangePi (Raspberri-like device), so it could sustain constant writing load due to coin nodes I was running.

P.S. You told me the posting practice is the key, so I am practicing now Grin May attach train picture here if I find one...
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