Bitcoin Forum
May 24, 2024, 10:33:50 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

Pages: « 1 ... 21740 21741 21742 21743 21744 21745 21746 21747 21748 21749 21750 21751 21752 21753 21754 21755 21756 21757 21758 21759 21760 21761 21762 21763 21764 21765 21766 21767 21768 21769 21770 21771 21772 21773 21774 21775 21776 21777 21778 21779 21780 21781 21782 21783 21784 21785 21786 21787 21788 21789 [21790] 21791 21792 21793 21794 21795 21796 21797 21798 21799 21800 21801 21802 21803 21804 21805 21806 21807 21808 21809 21810 21811 21812 21813 21814 21815 21816 21817 21818 21819 21820 21821 21822 21823 21824 21825 21826 21827 21828 21829 21830 21831 21832 21833 21834 21835 21836 21837 21838 21839 21840 ... 33381 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26390102 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. (174 posts by 3 users with 9 merit deleted.)
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 834



View Profile
December 05, 2018, 11:43:28 AM
Merited by BobLawblaw (1)

I'm starting to wonder if JJG is gonna PM me a BTC address for a beer, after all that...  Roll Eyes

Are you talking to me?  

You come off as such a publicity pussy who largely wants to engage in exaggeration drama?

and try to blame me for your phoney baloney.  

In other words, my name is blawb, and "I need some attention."


I do think that your point has some merit to it. But aren't you attention whoring yourself by constantly bringing attention to his attention whoring? Both of which I find understandable in the light of the current market situation.

But in either case, this is a forum, on the internet. So who fucking cares either way? I'm enjoying the drama, but don't see why it's still going. During the bull market we were all having good chats. Now everybody is flipping out.
I guess the two of you are like me, where given a chance you'll keep shitposting and/or arguing 24/7. I get it, it's fun. But is it for you? If not the two of you might want to clam down.



Someone should quantify the WO drama indicator. I still think it would signal a reversal due to peaking salt levels lmao



Love you both, no homo.
xhomerx10
Legendary
*
Offline Offline

Activity: 3850
Merit: 8179



View Profile
December 05, 2018, 11:43:49 AM

https://twitter.com/btcking555/status/1070273504011005952

Quote
BTCKING555
‏@btcking555 8 minutes ago

Approached by an investor desperate to liquidate Bitmain shares at $1,5 bln valuation ! Thats almost 90 prc down-round from August !



https://twitter.com/btcking555/status/1070278748606472192

Quote
BTCKING555
‏@btcking555 53 seconds ago

With massive losses, Bitmain has no resources to support BCH. Illiquid BCH falls further hitting Bitmain balance sheet. Suppliers cut off credit lines & buyers wary to purchase equipment. IPO Canceled. Only solution - significant down round and VCs take over? Interesting to see!

 I hat hate to say it but it seems Roger Ver was right after all; babies are dying!  Well, at least Jihan Wu's and Micree Zhan's baby.  I wonder what the reincarnation of Bitmain will be called...

edit: I meant to type hate. Damn!  I have to lay off the hats for a while.

  
El duderino_
Legendary
*
Offline Offline

Activity: 2520
Merit: 12116


BTC + Crossfit, living life.


View Profile
December 05, 2018, 11:44:32 AM



https://www.glassdoor.com/research/rise-in-bitcoin-jobs/
https://www.stateofthedapps.com/stats
El duderino_
Legendary
*
Offline Offline

Activity: 2520
Merit: 12116


BTC + Crossfit, living life.


View Profile
December 05, 2018, 11:46:20 AM
Merited by Globb0 (2)

https://twitter.com/TehJoeCow/status/1070136164311539712

and the last one for this afternoon JUST a BIG LAUGH  Roll Eyes
bitcoinPsycho
Legendary
*
Offline Offline

Activity: 2492
Merit: 2141


$120000 in 2024 Confirmed


View Profile
December 05, 2018, 11:48:37 AM

TLDR:
Not traded or withdrawn yet, but with a UK Bank a/c it looks like a damn fast way to get fiat in - you're loaded up in minutes.
DYOR
I have recently withdrawn strait to my uk bank account. It was about one hour to show in my uk account

Impressive.  Any other issues?
No issues. Just make sure if you buy from coinbase you use coinbase pro and not from the app(which is vastly more expensive)
alevlaslo
Hero Member
*****
Offline Offline

Activity: 1988
Merit: 593


View Profile
December 05, 2018, 11:51:39 AM

https://twitter.com/btcking555/status/1070273504011005952

Quote
BTCKING555
‏@btcking555 8 minutes ago

Approached by an investor desperate to liquidate Bitmain shares at $1,5 bln valuation ! Thats almost 90 prc down-round from August !



https://twitter.com/btcking555/status/1070278748606472192

Quote
BTCKING555
‏@btcking555 53 seconds ago

With massive losses, Bitmain has no resources to support BCH. Illiquid BCH falls further hitting Bitmain balance sheet. Suppliers cut off credit lines & buyers wary to purchase equipment. IPO Canceled. Only solution - significant down round and VCs take over? Interesting to see!

 I hat hate to say it but it seems Roger Ver was right after all; babies are dying!  Well, at least Jihan Wu's and Micree Zhan's baby.  I wonder what the reincarnation of Bitmain will be called...

edit: I meant to type hate. Damn!  I have to lay off the hats for a while.

  

on the next growth of the crypto market they will have money, especially since they are already experienced 2014 and know what to do
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 834



View Profile
December 05, 2018, 12:01:08 PM
Merited by vapourminer (1), JayJuanGee (1)

If we get to $100k I may or may not hire a bunch of nerds to make a game with no regard for profit margins. I miss wasting my life in an MMO. The theme park shit we have today sucks ass.

And anywhere before that I'm looking forward to funding some basic research as well as handing out some scholarships to pay back for my free overseas holidays.

I actually do understand that if peeps are either 1) just getting into bitcoin or 2) they just got into bitcoin in supra $10k prices (or have supra $10k average costs per BTC), then they may feel that they need $100k-ish to "get rich", but even with those two conditions that I mention above, there are a large variety of scenarios that fall quite short of $100k that could facilitate really decent living and profits from BTC without necessarily having to reach $100k to achieve various levels of success.

Surely what you are suggesting, BTCMILLIONAIRE, seems to be a level of profit that you would realize in which you could really have icing on the cake, and even if such icing on the cake does not happen, there would likely be a large variety of BTC price performance scenarios that allow you to live quite comfortably (even if BTC does not cause you to have those various extra (still potential) bonuses).

Actually, I recall when BTC was in the $200s and my average cost per BTC was in the $500s.. I think there are several of us who HODLed and Accumulated BTC during those days, I thought that it would surely be nice to get at least to the break even point... and then in that kind of situation, bitcoin is merely serving as a long term store of value,  yet I still continued to think that even if BTC prices do not get above $500 again, I am still o.k. because I have not invested more than I can afford to lose, and I am willing to ride the whole thing down to zero.

Of course, now, for me, there is a lot of cushion and a lot of equity and surely the value of my total holdings does go down if BTC were to go down to zero from here, so yeah, maybe I can act a little bit smug about the whole thing.. yet I still am not really considering the whole situation for me to be vastly different from someone who is currently investing into BTC but has an average cost above $10k.. Every BTC they buy at these prices, brings down their average cost per BTC tremendously, and maybe they don't have a whole hell of a lot of spare cashflow to be monkeying around with, but still that goes to the situation of NOT investing more than you can afford to lose and being able to both ride out the long long term (including being able to pay all bills, have entertainment money, have an emergency fund) and if BTC prices were to go to zero, that long term investors should be ready, willing and able to ride it all the way down because of the way that they got into the investment and that they are not using money that they actually need in the shorter time frames that could last many many years 5-10 years or more. 

I surely don't believe that the chances are very high that what is beginning to seem like a bear market (and perhaps even bottoming out, but unsure) will last more than 2 years from here.... We seem to have really decent odds, especially the 2 years and longer time frame, even though nothing is guaranteed in bitcoinlandia.  By the way, I am picking the 2 years timeline because that is a bit more than 6 months after the May 2020-ish halvening, and even if there are all kinds of pressures to manipulate BTC prices down for the next several years, there comes into effect a kind of hard reality regarding the limited supply that will cause additional difficulties in continued attempts at forcing the price down and the effects become greater and greater felt as the increases of the supply are half of what they are now...  Block reward down from 12.5 BTC per block to 6.25 BTC per block.
I can already live off of my crypto earnings comfortably. The type of profits I suggested would be in a range where I could dump some 20~50m into the development of a game without even flinching about potentially never making it back. Basically make something that I really want to see but never find due to CEOs cutting costs and keeping everything in a bland cookie-cutter manner. Not that I blame them, they are a business after all and need to appease their investors, but I do miss the wonder that old games made by nerds with a passion for the craft brought about and would like to see it brought back with cutting edge tools over tiny indie games. It's nothing of importance, but something that would be fun if I somehow managed to make all the right moves by gitting gud or lucking out.
Scholarships are a different story, since you can start handing those out even without being filthy rich, so I'm looking forward to that at some point (after I feel like I've spent enough time researching how to best go about it). And funding research I have no clue about. I suppose funds for a tenure and some assistants for a few years would be a good start. Also doable in the foreseeable future and more practical.



As far as people who bought in above $10k goes. Most of them will only have fractions of Bitcoin and not much spare cash to buy any more than a few more fractions of, or one or two Bitcoins at best. So it'll be pretty hard for them to retire without Bitcoin ballooning well above $100k. They're also most likely going to be the type that will lose most or all of their stash by trading, which doesn't make it much easier.
There are also very promising altcoins that increasingly reveal themselves as unicorns, albeit with the obvious associated risks involved. Those could help an average pleb increase their Bitcoin stash considerably, beyond what would be possible by cost averaging, buying dips, or trading the BTC/USD pair. But that game requires hundreds of hours of research and ideally some previous experience with analyzing the unknown and should never be done with sizeable amounts of one's Bitcoin portfolio, especially without extensive experience. The "y house gone" memes are even more fitting here than for just Bitcoin.

Of course, getting into the game and sticking around religiously will help them, even if Bitcoin goes to zero. Because they would eventually have spent a considerable amount of time paying attention to markets and learning about investing money and seeing it grow, rather than waiting for their fiat to drop to half its value every so many years. And investing is pretty much what separates the average net worth individuals from high net worth ones, so losing money to learn this lesson is surely worth it as long as people heed the mantra of not burning money they need for bills and whatnot.
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 834



View Profile
December 05, 2018, 12:02:20 PM

Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.

https://twitter.com/DoveyWan/status/1068573163670261760

In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.

TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
Obligatory "I'd give her my Wan" iykwim
Hexah
Sr. Member
****
Offline Offline

Activity: 728
Merit: 265



View Profile
December 05, 2018, 12:06:55 PM

https://twitter.com/btcking555/status/1070273504011005952

Quote
BTCKING555
‏@btcking555 8 minutes ago

Approached by an investor desperate to liquidate Bitmain shares at $1,5 bln valuation ! Thats almost 90 prc down-round from August !



https://twitter.com/btcking555/status/1070278748606472192

Quote
BTCKING555
‏@btcking555 53 seconds ago

With massive losses, Bitmain has no resources to support BCH. Illiquid BCH falls further hitting Bitmain balance sheet. Suppliers cut off credit lines & buyers wary to purchase equipment. IPO Canceled. Only solution - significant down round and VCs take over? Interesting to see!

He's fucking cunt fudster in the crypto space. No use to see all of his tweets.
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3013


Welt Am Draht


View Profile
December 05, 2018, 12:11:32 PM
Merited by JayJuanGee (1)

Not sure if this was already posted, please don't kill the messenger as i don't agree with lots of these points.
However, this shows where institutional investors (aka hedgies) are on this.

https://twitter.com/DoveyWan/status/1068573163670261760

In short: institutionals are shell-shocked and bewildered.
My take home message from this particular tweetstorm: small size institutional money will not participate from now on.

TL;DR she predicts that, similarly to how internet happened, blockchain will eat the world, but somehow traditional players (Fidelity, Paypal, etc) would be the winners and we would be the losers.
I disagree, obviously.
Obligatory "I'd give her my Wan" iykwim

"To conclude, the violent delight will have a violent end. Healthy consolidation and fundamental seeking will lead the industry to a eventual prosperity. We didn’t see another gold rush in internet after the http://dot.com  bubble, but internet eventually eats the world"

While she had lots of interesting points we DEFINITELY have not had the dotcom bubble equivalent yet.

In retrospect this bubble will be a footnote just as the 2013 bubble looks piddly now.

Big bucks have been paddling. They haven't dived in yet.

"1/ Bitmain failing in IPO or performing poorly post-IPO (which seem likely) is a strong bear signal indicating even the most profitable player in crypto isn't accepted in capital markets. Bitmain’s lack of steady EBITDA is unavoidable due to the volatile nature of the industry"

Bitmain's ruination is largely down their irrational masturbation surrounding Bcash. No business run by adults would've pulled any of that shit. It's another indication that we're still not out of amateur hour.
empowering
Legendary
*
Offline Offline

Activity: 1078
Merit: 1441



View Profile
December 05, 2018, 12:19:19 PM
Merited by JayJuanGee (1)


Bitmain's ruination is largely down their irrational masturbation surrounding Bcash. No business run by adults would've pulled any of that shit. It's another indication that we're still not out of amateur hour.

That's the issue with a space like this, humans are fallible, power and money corrupts, greed sets in... these guys had their inner Sméagol activated and were not of sound enough mind or morals to withstand the forces that bore down on them, so they folded and went full Sméagol - all three of the douches, Rog, Jihan, Faketoshi, you can literally see the Sméagol oozing out of the pores of their personalities - its ugly.    

The whole idea of this is that we do not have to trust individuals like this (any individuals at all in fact)
empowering
Legendary
*
Offline Offline

Activity: 1078
Merit: 1441



View Profile
December 05, 2018, 12:28:53 PM

BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 834



View Profile
December 05, 2018, 12:29:02 PM

You guys are scaring the shit out of me with those $1K calls. If that happens, I will seriously consider breaking my own rules and take money from my (completely separated) other investments to buy much more. I hope not be put into that situation. I hate breaking my rules. They are for a reason.
Sounds like $30k by Spring 2018 calls to me.


Also, sounds like your rules just simply didn't consider a $1k event at all. Wink
empowering
Legendary
*
Offline Offline

Activity: 1078
Merit: 1441



View Profile
December 05, 2018, 12:34:46 PM

VB1001
Legendary
*
Offline Offline

Activity: 938
Merit: 2540


<<CypherPunkCat>>


View Profile WWW
December 05, 2018, 12:43:39 PM

Bitcoin Difficulty vs Hashrate 2 Months



https://bitcoinwisdom.com/assets/difficulty/bitcoin-hash_rate.png?1544013002
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
December 05, 2018, 12:49:50 PM

Bitmain's ruination is largely down their irrational masturbation surrounding Bcash. No business run by adults would've pulled any of that shit. It's another indication that we're still not out of amateur hour.
Real rookie move to back BCH. very predatory of Ver.
Must remember their chip maker also left.
The guy who designed the chips.
they blew was it 600mn on failed wafers after that, couldn't make a goddam sha asic no more.
They were left like a car without an engine(  Wink to you know who you are). Not a real car.
hence^ hashrate drop/price drop, all miners fucked.
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 3542
Merit: 9659


#1 VIP Crypto Casino


View Profile
December 05, 2018, 12:52:11 PM
Merited by xhomerx10 (1)



Just been to collect a bit of precious myself. Now off home to eat lots of junk food & get high!
Hope to see $4,000 again by the end of the day Smiley


yefi
Legendary
*
Offline Offline

Activity: 2842
Merit: 1511



View Profile
December 05, 2018, 12:57:14 PM

@kurious Nice, thanks. All looks good to me apart from the 10K limit. Do bitcoin withdrawals count against that as well?
El duderino_
Legendary
*
Offline Offline

Activity: 2520
Merit: 12116


BTC + Crossfit, living life.


View Profile
December 05, 2018, 12:58:24 PM



Just been to collect a bit of precious myself. Now off home to eat lots of junk food & get high!
Hope to see $4,000 again by the end of the day Smiley




so the white...... has been deleted for a few days, and the green has arrived  to recover and cool down for a few days Smiley
i don't smoke myself for years.... very very sometimes on a birthday for lulz, but not often and especially cause my last birthday i was so sick of booze and just 5 hits of a joint .... man you cannot imagine how i was feeling @that time
but short said i'm no SMOKER myself but i don't disapprove guys for smoking cause i do understand the fun of it as well Wink
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 3920
Merit: 2349


Eadem mutata resurgo


View Profile
December 05, 2018, 12:58:25 PM
Merited by xhomerx10 (1), cAPSLOCK (1)



Jihan Wu got smeagolded ... just like all the others who's egos let them think they were bigger than the Bitcoin ...

the list is getting quite long ... notably

Mark K.
Gavin A.
Mike H.
Roger V.
Jihan W.

plus others too numerable to mention that have presented themselves as lab rats for the slaughter.

Nakamoto was very wise/humble to realise he had created something bigger than themself and let it be ...

noone is bigger than the coin, that is fundamental to how it works
Pages: « 1 ... 21740 21741 21742 21743 21744 21745 21746 21747 21748 21749 21750 21751 21752 21753 21754 21755 21756 21757 21758 21759 21760 21761 21762 21763 21764 21765 21766 21767 21768 21769 21770 21771 21772 21773 21774 21775 21776 21777 21778 21779 21780 21781 21782 21783 21784 21785 21786 21787 21788 21789 [21790] 21791 21792 21793 21794 21795 21796 21797 21798 21799 21800 21801 21802 21803 21804 21805 21806 21807 21808 21809 21810 21811 21812 21813 21814 21815 21816 21817 21818 21819 21820 21821 21822 21823 21824 21825 21826 21827 21828 21829 21830 21831 21832 21833 21834 21835 21836 21837 21838 21839 21840 ... 33381 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!