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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25490422 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. (158 posts by 14 users with 9 merit deleted.)
kingcolex
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December 10, 2018, 11:50:58 AM

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What do you notice LFC Roll Eyes
That she still have both her tits
She had a double mastectomy not that long ago to prevent breast cancer.

haha LoL its not about her ..... LFC will spot it

Her daughter appears to be a boy , with a limp wrist ?

(and has a certain hat)
Nah whoever wrote that article is probably in shit for referring her as a girl. I'm pretty sure she is transitioning into a boy. Something that's great for preteen children to do because they're so logical and ready to make lifelong lasting discussions.
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1638070895
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El duderino_
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December 10, 2018, 11:53:51 AM



the 1 million CLUB Wink

remember not everyone can have a FULL BTC Wink
21 Bitcoin to be in the club or is this some insane 1mil btc club that has a Max of like what 6 members?



just monday art drawings brother, i enjoy there creativity's
empowering
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December 10, 2018, 11:54:17 AM

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What do you notice LFC Roll Eyes
That she still have both her tits
She had a double mastectomy not that long ago to prevent breast cancer.

haha LoL its not about her ..... LFC will spot it

Her daughter appears to be a boy , with a limp wrist ?

(and has a certain hat)
Nah whoever wrote that article is probably in shit for referring her as a girl. I'm pretty sure she is transitioning into a boy. Something that's great for preteen children to do because they're so logical and ready to make lifelong lasting discussions.

I agree the correct time to transition children into zir's , get them while they are young

I also wholeheartedly agree with feeding dogs with a vegan diet

Only drink soy

Justin Trudeau is my hero

I let the neighbour fuck my wife while I cry in the wardrobe
Colonel Panic
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December 10, 2018, 12:00:11 PM

I wasn't around in 2011.  Can you tell us more about what it was like?

My brain is frazzled and running on caffeine. Here are some loosely organized thoughts:

I started GPU mining around May 2011. BTC bubbled to ~$32 somewhere thereabouts (June-July?) and then collapsed to ~$2. The bear market was swift and brutal.

There was practically no infrastructure or major investment, aside from early ASICs that would soon come online. Hell, Roger Ver's memorydealers.com was one of the few places you could even spend bitcoins. Mt. Gox was basically the only exchange, of course.

Home GPU miners like me were a major part of the ecosystem, and we were purged at this time, as decreasing prices and skyrocketing difficulty soon made mining unprofitable. There was a sort of loss of innocence as we were wiped out and large industrial mining farms took over.

The overall feeling was similar to other bear markets - agony, despair, etc. However, many of us took to heart the rumors of bitcoin's demise. It seemed likely that bitcoin would, at best, remain something of a hobby for cypherpunks. OTOH, the despair was different. It was more about the loss of a dream, and less about the loss of money. Since BTC was so cheap, most people only had like a few grand invested, at most. Unlike Dec. 2017-18 when even the shoeshine boy lost $100K+.



Pretty sure I was still GPU mining till the end of 2012. IIRC the upgraded card in my MacPro would earn about a third of a coin a day. Hardly seemed worth it, but as you say, it was a hobby thing, not so much about the money. And I think it was FPGAs in 2011, not yet ASICs.

empowering
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December 10, 2018, 12:02:06 PM



Pretty sure I was still GPU mining till the end of 2012. IIRC the upgraded card in my MacPro would earn about a third of a coin a day. Hardly seemed worth it, but as you say, it was a hobby thing, not so much about the money. And I think it was FPGAs in 2011, not yet ASICs.



"Kernel" would have been a nice touch

Colonel Panic
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December 10, 2018, 12:05:03 PM



Pretty sure I was still GPU mining till the end of 2012. IIRC the upgraded card in my MacPro would earn about a third of a coin a day. Hardly seemed worth it, but as you say, it was a hobby thing, not so much about the money. And I think it was FPGAs in 2011, not yet ASICs.



"Kernel" would have been a nice touch



Best to let the audience do a little work!
El duderino_
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December 10, 2018, 12:13:26 PM

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Off topic Roll Eyes

But this guy f***s up Belgium Sad
LFC_Bitcoin
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December 10, 2018, 12:24:34 PM

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What do you notice LFC Roll Eyes

I have to be honest, the first thing I noticed was nipples but yesssss go Angelina!


Cheesy Cheesy
d_eddie
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December 10, 2018, 12:26:52 PM

By the way, I don't believe the current market move in the slightest. No moon yet, gentlemen. Relax. This is just a longer, slower short squeeze along the way to the final, brutal crevice.

Accordingly - my money where my mouth is - I've closed my short with a small-mid profit (take profit limit just under my entry) and reopened it a bit higher. It's smaller, too, but I'm afraid to make it grow too quickly. An incremental ladder à la (reverse) JJG/JB is better in my experience.

To fellow tactical shorters (I'm thinking HM and others) - LDOH! (that's hodl in reverse).

Some things do not work in reverse.
They are based on different theories, and differing underlying assumptions.
Well some things actually do work in reverse. All it takes is a reversed perspective (up vs. down).
The same guy who is a long term optimist (bull) might see a downside on the short term and try to either (partially) hedge his holdings or make some profit out of the ongoing trend.
vapourminer
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what is this "brake pedal" you speak of?


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December 10, 2018, 12:36:51 PM
Last edit: December 10, 2018, 12:53:29 PM by vapourminer
Merited by infofront (1)

The overall feeling was similar to other bear markets - agony, despair, etc. However, many of us took to heart the rumors of bitcoin's demise. It seemed likely that bitcoin would, at best, remain something of a hobby for cypherpunks. OTOH, the despair was different. It was more about the loss of a dream, and less about the loss of money. Since BTC was so cheap, most people only had like a few grand invested, at most. Unlike Dec. 2017-18 when even the shoeshine boy lost $100K+.

You guys deserve respect for persevering through that. You pretty much blazed the trail that we could look back on for confirmation that Bitcoin would survive the worst.

just wanted to confirm what infofront posted about 2011 - 2012.

i started mining late(ish) 2011, at first using an existing ATI HD4850 on my gaming rig (my main distributed computing rigs, nvidias on folding@home, stayed on that), then dropping a couple grand on a rig built for BTC mining specifically. ATI HD6870 and HD5830s where the gotos at that point

it was more or less surreal as back then, for me it was just another experiment in distributed computing with a new kind of money storage theme, and distributed computing was very familiar to me from other projects.

price was ~$10 when i started. went up to ~35. YES! then the loooong decline to ~$2. but i kept mining to support the experiment then, and really did not expect any monetary gains. but guess where a large part of my current stack is from. yup, the $2 per coin mining days.

not that btc cant fail, but accumulation during the cheap coins day sure paid off for me. i intend to keep that strategy.
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December 10, 2018, 12:37:28 PM

Sorry to interrupt, but someone explain why this kid is so popular in google search and forum topics?
Everybody keeps asking about him.





 Grin


reeeeeeee
kingcolex
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December 10, 2018, 01:04:27 PM



the 1 million CLUB Wink

remember not everyone can have a FULL BTC Wink
21 Bitcoin to be in the club or is this some insane 1mil btc club that has a Max of like what 6 members?



just monday art drawings brother, i enjoy there creativity's
You didn't draw these right?
gembitz
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December 10, 2018, 01:22:50 PM



the 1 million CLUB Wink

remember not everyone can have a FULL BTC Wink
21 Bitcoin to be in the club or is this some insane 1mil btc club that has a Max of like what 6 members?



just monday art drawings brother, i enjoy there creativity's
You didn't draw these right?



 Cool

#thread
PaivanTreidi
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December 10, 2018, 01:58:39 PM

Now that I have 12 buy orders in all the way down to EUR2100 i guess it's pretty much safe to say that the bottom was in a few days ago.
gembitz
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December 10, 2018, 02:01:43 PM

Now that I have 12 buy orders in all the way down to EUR2100 i guess it's pretty much safe to say that the bottom was in a few days ago.

$2499 inkoming Wink weeeeee
vroom
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December 10, 2018, 02:09:17 PM

Now that I have 12 buy orders in all the way down to EUR2100 i guess it's pretty much safe to say that the bottom was in a few days ago.

yes, that's a good sign. if you want to make sure that the bear market is really over, sell some bitcoin and try to buy them back cheaper Smiley
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December 10, 2018, 02:28:28 PM

^ Maybe I am wrong, but I thought that post was ironic....
El duderino_
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December 10, 2018, 02:31:14 PM



the 1 million CLUB Wink

remember not everyone can have a FULL BTC Wink
21 Bitcoin to be in the club or is this some insane 1mil btc club that has a Max of like what 6 members?



just monday art drawings brother, i enjoy there creativity's
You didn't draw these right?
No offcourse not ....
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December 10, 2018, 02:31:21 PM
Last edit: December 10, 2018, 03:50:10 PM by bitcoinPsycho

^ Maybe I am wrong, but I thought that post was ironic....
Oh I now see . Just read quick . oops
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December 10, 2018, 02:40:59 PM

Only two pages since yesterday.... Now this is starting to look like capitulation is near.
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