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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 25815014 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.)
JimboToronto
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You're never too old to be young.


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July 06, 2018, 07:40:38 PM
Merited by JayJuanGee (1)



This just in: noob arrives, looks back on the last Bitcoin boom/bust cycle. Totally oblivious to the four preceding fractal cycles, declares doom - counsels all to GTFO.

buh-bye, noob. So sorry you won't be joining us at the dinner table.

Lawl. Seems like the noob is just trying to talk his book. "Holders sell or you die"?

Probably panic sold "all" his fraction of a coin and desperately wants to buy back at some unrealistically low price.

Lotsa luck, Noob.  Grin
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1664336040
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Last of the V8s
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July 06, 2018, 07:43:49 PM

Things that happen in Silicon Valley and also the Soviet Union:
Anton Troynikov @atroyn
About this, you should read Glubb Pacha "THE FATE OF EMPIRES  and  SEARCH FOR SURVIVAL"
 here => http://www.rexresearch.com/glubb/glubb-empire.pdf
Sure, thanks. Read it, and it was on Ibian's homework assignments a while back.
The #trilema logs are all about empire too.
Can also recommend 'The Sultans' by Noel Barber.

I find fascinating that things I can witness everyday happening around me and having apparently no relation whatsoever the one with the other , were quoted by that Glubb Pacha guy as symptoms of decadent empires years ago. That scared the hell out of me.
It is terrifying once you get your eye in, as it were, and can see the signs all over. Just remains to be seen how this empire will go out, with a bang or a whimper...
Phil_S
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We choose to go to the moon


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July 06, 2018, 07:50:38 PM

How are the teeth, Jimbo?
sirazimuth
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July 06, 2018, 07:54:51 PM

Pfffffffffffffff

have a beer micg! congrats my friend!
El duderino_
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Observing No-Coiners.


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July 06, 2018, 07:55:05 PM

EEEpiiiiiiiiiiiiiiicccccc!!!!!!!!!
sirazimuth
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July 06, 2018, 08:00:28 PM

I rooted for Belgium today, now you gotta root for England tomorrow!

El duderino_
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July 06, 2018, 08:02:53 PM

I rooted for Belgium today, now you gotta root for England tomorrow!



For sure always supporting Harry Kane......
jojo69
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1/21000000 , the only math you need to know


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July 06, 2018, 08:04:12 PM

YAYYYYYYYYYYYYYY!!!
JimboToronto
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July 06, 2018, 08:14:11 PM

How are the teeth, Jimbo?

Still waiting.

Got my full extractions and reconstructive bone surgery (double sinus lifts and 10 bone grafts) in March.

Next step is 16 titanium implants on November 10. Then after another healing time of at least 12 months, I'll get my actual zirconia teeth sometime next spring.

Some things, just like Bitcoin investments, are worth waiting for to do it right.
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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July 06, 2018, 08:17:02 PM

https://www.youtube.com/watch?v=hJ07sM5w_Dk
My Story of Being Tortured in Prison. Roger Ver, CEO of Bitcoin.com
This is a brief story of what happened while I was in prison. I have more stories to share, if you enjoy this type of content.

Shocking.

Can't a few hundred millions afford a place (or hotel or whatever) with less horrible curtains? Really shocking.

P.S.: Interesting story though.


I will admit that Roger is a decent story teller; however, he does not really seem to understand the concept of "torture." 

On the other hand, even if he can show that he has various human characteristics and he is empathetic, a lot of this can end up being a distraction (and an appeal to emotion) that takes us away from considering the narcissism that seems to motivate his ongoing involvement in bcash and using bcash as an ongoing attack on bitcoin and deceiving other people (especially dumb people and newbies.. and probably even traps some smarter people into such deceptions in their hopes that bcash will pump relative to bitcoin if they realize the difference) into believing that bcash is some kind of "bitcoin"
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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July 06, 2018, 08:21:00 PM


Someone let him know that his comment is late. Bitcoin was created nearly a decade ago.

And also someone let him know that Weight Watchers is a thing.

Is he talking about bitcoin?

Does not seem like it.  Seems as if he is referring to various ICO and alt coin scams, when he is mentioning the printing of money out of nothing... Any of us informed about bitcoin, realize that bitcoin does not do that.  aka proof of work that is real... Wink hahahahaha
Globb0
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July 06, 2018, 08:22:39 PM
Merited by mindrust (1)

https://www.youtube.com/watch?v=hJ07sM5w_Dk
My Story of Being Tortured in Prison. Roger Ver, CEO of Bitcoin.com
This is a brief story of what happened while I was in prison. I have more stories to share, if you enjoy this type of content.

Shocking.

Can't a few hundred millions afford a place (or hotel or whatever) with less horrible curtains? Really shocking.

P.S.: Interesting story though.


I will admit that Roger is a decent story teller; however, he does not really seem to understand the concept of "torture." 

On the other hand, even if he can show that he has various human characteristics and he is empathetic, a lot of this can end up being a distraction (and an appeal to emotion) that takes us away from considering the narcissism that seems to motivate his ongoing involvement in bcash and using bcash as an ongoing attack on bitcoin and deceiving other people (especially dumb people and newbies.. and probably even traps some smarter people into such deceptions in their hopes that bcash will pump relative to bitcoin if they realize the difference) into believing that bcash is some kind of "bitcoin"

Starts off "I am roger ver CEO of bitcoin.com"  do websites have CEO's?  or is he pretending to be important in bitcoin.

Lost my sympathy closed window minutes later, f off loser liar

sirazimuth
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July 06, 2018, 08:26:53 PM

bitcoin? Get the phuck outta here!!!
This is World Cup talk!!!
Oh wait , wrong tab....my bad.... Cheesy Wink
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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July 06, 2018, 08:31:12 PM
Last edit: July 06, 2018, 08:44:02 PM by JayJuanGee



Apparent, there is at least one error in the guidance of the chart.

In essence, if you are attempting to accumulate bitcoin or to live for a few years before you need all your bitcoin, it is not a good idea to ever "sell all"  your bitcoin.

On the other hand, taking a "high stake," such as selling up to 50% of your bitcoin could be prudent, from time to time, while you perceive yourself in a bitcoin accumulation state.  

Personally, I don't see any need to sell, even 50%, so maybe at some point, I might sell 20%, and we will see how it plays out.

If you are in a shorter time horizon, and you are o.k. with cashing out some of your principle, then it does not hurt to employ a more aggressive regular cashing out strategy... yet no matter your approach, gambling with your bitcoins does not seem to be a very prudent way to treat the matter, whether accumulating, maintaining or liquidating.

We.are.not.fucking.selling.

A more concise version of what I was trying to say.   Wink



This just in: noob arrives, looks back on the last Bitcoin boom/bust cycle. Totally oblivious to the four preceding fractal cycles, declares doom - counsels all to GTFO.

buh-bye, noob. So sorry you won't be joining us at the dinner table.

An even better observation. 


mike4001
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July 06, 2018, 08:41:31 PM

Bitcoin difficulty is again expected to rise by 12% in about a week. - https://fork.lol/pow/retarget

Are miners still making profit?

The break even point must almost be exceeded ...
vroom
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a Cray can run an endless loop in under 4 hours


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July 06, 2018, 08:51:20 PM

ok I call it. $6800 in the next 2 hours
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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July 06, 2018, 08:55:34 PM

https://www.youtube.com/watch?v=hJ07sM5w_Dk
My Story of Being Tortured in Prison. Roger Ver, CEO of Bitcoin.com
This is a brief story of what happened while I was in prison. I have more stories to share, if you enjoy this type of content.

Shocking.

Can't a few hundred millions afford a place (or hotel or whatever) with less horrible curtains? Really shocking.

P.S.: Interesting story though.


I will admit that Roger is a decent story teller; however, he does not really seem to understand the concept of "torture." 

On the other hand, even if he can show that he has various human characteristics and he is empathetic, a lot of this can end up being a distraction (and an appeal to emotion) that takes us away from considering the narcissism that seems to motivate his ongoing involvement in bcash and using bcash as an ongoing attack on bitcoin and deceiving other people (especially dumb people and newbies.. and probably even traps some smarter people into such deceptions in their hopes that bcash will pump relative to bitcoin if they realize the difference) into believing that bcash is some kind of "bitcoin"

Starts off "I am roger ver CEO of bitcoin.com"  do websites have CEO's?  or is he pretending to be important in bitcoin.

Lost my sympathy closed window minutes later, f off loser liar

Well, from what I understand, he owns the domain name of bitcoin.com, and he has done quite a bit of marketing around that website, including paying people to write articles.  There is a bit of a strange overlap with his supposed concept of wanting decentralization, but wanting to have veto power, too... so ironies that ultimately seem to add up to a kind of self-centered and deluded narcissism.. and seeming to have enough money to accomplish a considerable amount of deception in the space.

He seems to have had generated a lot of good will in the early years of bitcoin, and being dubbed as "Bitcoin Jesus" has given him a lot of credibility in the space too.... For the informed folks in bitcoin, there is a decent realization that he has squandered away a lot of the good will, and really has inspired a considerable amount of hatred because of his ongoing deceptive behaviors.   Admittedly he has an ability to come off as way more likable than someone like Craig Wright, even though both of them fit into a similar degree of deluded self-absorption.
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July 06, 2018, 08:57:30 PM

Bitcoin difficulty is again expected to rise by 12% in about a week. - https://fork.lol/pow/retarget

Are miners still making profit?

The break even point must almost be exceeded ...

Yes, currently as long as your electricity costs less than ~0.13USD per KWH, you can still get a slim profit profit on the Antminer S9i. After a 12% increase in difficulty, you will need to pay less than ~0.11USD/KWH to get any profit. I'm not sure what the stats are for the other miners available to the general market.
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July 06, 2018, 08:58:58 PM
Last edit: July 06, 2018, 09:49:27 PM by kurious

Pfffffffffffffff

Well done mate - you just knocked Brazil out of the World Cup!!!!

Now please beat France?

Then, (I hope) we will see you in the final....

We have Sweden tomorrow, then Croatia or a very politically interesting and delicious draw against Russia!?  And we're there, too.  

But Belgium are the ones to beat now.  Belgium are on fire.
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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July 06, 2018, 09:02:42 PM

Bitcoin difficulty is again expected to rise by 12% in about a week. - https://fork.lol/pow/retarget

Are miners still making profit?

The break even point must almost be exceeded ...


What are you trying to say, exactly?

I understand that I should not be egging on a beartard (PM pumper) to explain, but perhaps there is an outside chance that you have something substantially meaningful to say?

By the way, you understand that mining profitability remains considerably variable, and there is considerable speculation in mining too, so some miners are going to be ready, willing and able to operate at a loss for a considerable amount of time.. in other words there time horizons regarding profitability can be quite drug out.

Furthermore, you understand that there can be gamesmanship with mining too, especially if there could be opportunities that the directing of mining can be used as a means to pump the bcash attack vector, and the calculations regarding timing of attacks might be short windows and momentum based, too.
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