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Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22517267 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. (148 posts by 37 users deleted.)
Febo
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January 17, 2019, 10:06:50 PM

It's weird. It seems many of the old school bitcoiners who didn't pile on Monero are now piling on Grin.

Man, why would you want to pile into something that has such terrible inflation? Reminds me of when Zcash was trading at BTC parity...

ZCash was 2000 BTC.   Grin will have 100% yearly emission inflation second year and huge first year. Probably will reach bottom in BTC  4 years from now if developed right.


setting things straight as we speak
nope. poloniex problems perfectly timed to shut that spike down
https://twitter.com/Poloniex/status/1086009030114463749

Polo had maintenance announced for early today. They also tweeted that was resolved successfully but I guess was not.
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D. Lerk
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January 17, 2019, 10:43:34 PM
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I think it is a new asset in that as it is being established as a SoV at the same time as it's capabilities of a MoE are being bootstrapped.  I think most money has had to really become the first one before it could be the second, and I think Bitcoin is going to overlap more than that.



I see it slightly differently: that it's true calling, as it were, is as a personal, portable, permanent SoV. A kind of undying meta-wallet that we can trivially take across borders and generations. We can choose to grow our stash all our lives, give it to the state in taxes, pass it on, spend it, whatever - it is completely within our - the keyholder's - control. Not the border guards. Unbeholden to or trusting any third party, bank or societal construct. It becomes purely that part of us needed to exchange, from time to time, strategic value with others. In that sense, no other currency is needed.

But the means of exchange on an everyday basis, the buying a coffee, is a red herring. It has some importance, yes, but only to demonstrate atht the transfer of value can indeed be performed, trivially, securely and irreversibly. It's a kind of proof of concept to the doubters.

Undeniably, for banal shopping a credit card works better. Sometimes you don't trust the person you're buying from. In that case you're buying a judge for that credit card 3% who will usually side with you. I don't have a problem with that. In fact it seems perverse that fighting that service is the ditch Roger and Craig are happy to die in. Let 'em.

Very possible scenario...  Yet when the SoV aspect is mature I do not see why a robust MoE scenario would not be on tap.  My above post I am saying I think the two will overlap, but even if they don't once people are really using it for saving I cannot imagine they would not begin to get interested in spending as well... and there is NO reason credit cards cannot still be the tools we use to do it.

I agree Roger is a certain kind of ideologue who wants a world where there are no banks or middle men.  I get that.  And I know there are many people on this thread who want that as well... Hell, I like the idea too!  But the thing is, there will always be banks, and credit cards, and middle men, because they will always offer things most common people are not going to want to take responsibility for.  Custody, liquidity, credit...

You're right, of course. We're just talking degrees. I suppose Bitcoin is a kind of Rorschach - people see in it reflections of their own concerns and emphases.

kurious
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January 17, 2019, 10:46:29 PM

It's weird. It seems many of the old school bitcoiners who didn't pile on Monero are now piling on Grin.

Man, why would you want to pile into something that has such terrible inflation? Reminds me of when Zcash was trading at BTC parity...

ZCash was 2000 BTC.   Grin will have 100% yearly emission inflation second year and huge first year. Probably will reach bottom in BTC  4 years from now if developed right.


setting things straight as we speak
nope. poloniex problems perfectly timed to shut that spike down
https://twitter.com/Poloniex/status/1086009030114463749

Polo had maintenance announced for early today. They also tweeted that was resolved successfully but I guess was not.

Back online and functioning...
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January 17, 2019, 10:47:40 PM

Re: The riots are not dangerous guy: https://www.youtube.com/watch?v=KphVOUTxqLY

Nothing to see here, carry on.
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January 17, 2019, 10:48:16 PM

last game playing of the evening, and already know my total balance over the sessions will be back UP
totally getting ONE rekt today

me happy
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January 17, 2019, 10:58:34 PM

Sideways, sideways....

Well... After the btcmillionaire more than successful subject about creating a self sustainable pond in his property... I would like to ask.... Anyone here has fully self-sustainable solar powered property? I have studied a lot about it, but some real life experience from another fellow WO'er would be great.

I think it is already at the point where it is cost efficient (more so considering where I live... SUN all the time!) and I am perfectly capable of doing everything myself and know my shit about buying stuff for way less that its usual price (either second hand or surplus) which will also help reduce the total cost substantially.

The property already has its own waterwell with enough capacity to fill the 125000 litres pool over a couple days. So it is only the power grid what I would like to cut off for a completely self sustainable property. My dream!

Will WO also deliver this time? lol
WO please, I understand that we're not on a 90 degree up course to the moon, but this thread has a reputation to uphold. Somebody respond to the man.
Last of the V8s
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January 17, 2019, 11:04:07 PM

https://bitcointalk.org/index.php?topic=178336.msg49272177#msg49272177 ^
edit found another: https://bitcointalk.org/index.php?topic=178336.msg49271964#msg49271964

BTCMILLIONAIRE
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January 17, 2019, 11:05:32 PM

Guess the non-English language made the entire post, including quote, just fly under my radar. I retract my former post. WO delivers.

Edit: Nevermind, I'm just blind.
Bitcoinaire
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January 17, 2019, 11:14:44 PM

We're close to breaking out.
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January 17, 2019, 11:14:57 PM

I can't believe it . I actually figured it out.
I'm mining Grin... its Theymos approved so don't shit on me, okay chaps?
And besides, I need a shiggle and and grin in my old age....
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January 17, 2019, 11:17:21 PM

^^
It may be because of this:

Mimblewimble has privacy features, but it also has the first really impressive, true scaling solution in crypto. Privacy-wise, Monero is probably better overall, but its scaling is abysmal, and neither coin can be treated as an impenetrable black box.

https://bitcointalk.org/index.php?topic=5098450.msg49272582#msg49272582

I just replied on that thread. Grin is limited to 10 TPS, which is abysmal, and not much of a "true scaling solution".
It reduces blockchain bloat though.

Following ANN of Grin will see how it develops.

Thx.

Now we support Grin. Grin
theymos:
Therefore, I'm happy to announce that the forum is now accepting grin payments automatically, probably the first site other than exchanges to do so. You'll find a link at the bottom of the evil-fee and copper-membership pages.

https://bitcointalk.org/index.php?topic=5098450.0
https://bitcointalk.org/index.php?action=credit;promote

 I don't want to sound disrespectful to Theymos. This is his house, and we are all guests here. I'm grateful for his efforts in maintaining this community through myriad challenges.

 Having said that, I'm not sure what i think about this.

 The fact that we already have ASIC's being deployed for this project leaves me extremely dubious. I understand that spinning up new ASIC's for crypto-du-jour is becoming a regular occurrence, now, but am not entirely sure what Grin brings to the table compared to BTC/Lightning.

 I'm being much more neutral-bearish-jaded, looking forward, than I was in 2018.

 Fuck 2018.

 No lube.

 HODL.

It is not my intention to disrespect anyone.

Later:
Satoshi(2)?

If it's true, it could be good for Bitcoin.

Mimblewimble is a protocol that was put forward by an "anonymous user in a Bitcoin developers chatroom" by the name of Tom Elvis Jedusor (the French name of fictional Harry Potter character, Voldemort). Mimblewimble itself is the name of a spell used to tongue-tie victims in Harry Potter. Jedusor left a link to a whitepaper in which he outlines that by using the Mimblewimble protocol, the scalability, as well as the privacy of the Bitcoin network, could significantly be enhanced.

https://www.mycryptopedia.com/mimblewimble-explained/
^
It can be a winning Altcoin, of course, but it can also be a disaster.

Bitcointalk for many is the Bitcoin temple. I'm surprised that you apply this change in the payment method so quickly, just this.

And they all think the same. Wink

(I will connect a miner that I have this weekend, to remember old times....)
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January 17, 2019, 11:39:13 PM

What's the general consensus on Grin? Are we buying it or Is theymos trolling us again with another shitcoin? (remember howey) No address, no coins, sounds weird af. I don't know what to think about it.
 
With unlimited supply and 50 grins made every minute, it's destined to die young.
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January 17, 2019, 11:41:41 PM

Sideways, sideways....

Well... After the btcmillionaire more than successful subject about creating a self sustainable pond in his property... I would like to ask.... Anyone here has fully self-sustainable solar powered property? I have studied a lot about it, but some real life experience from another fellow WO'er would be great.

I think it is already at the point where it is cost efficient (more so considering where I live... SUN all the time!) and I am perfectly capable of doing everything myself and know my shit about buying stuff for way less that its usual price (either second hand or surplus) which will also help reduce the total cost substantially.

The property already has its own waterwell with enough capacity to fill the 125000 litres pool over a couple days. So it is only the power grid what I would like to cut off for a completely self sustainable property. My dream!

Will WO also deliver this time? lol
WO please, I understand that we're not on a 90 degree up course to the moon, but this thread has a reputation to uphold. Somebody respond to the man.

Not a licensed electrician?  Want to be a human bug zapper?  Wire your own solar panels.  
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January 17, 2019, 11:42:29 PM

What's the general consensus on Grin? Are we buying it or Is theymos trolling us again with another shitcoin? (remember howey) No address, no coins, sounds weird af. I don't know what to think about it.
 
With unlimited supply and 50 grins made every minute, it's destined to die young.

haha the slaughter is over for the day

and grin.... i'm ain't missing out on something? Roll Eyes
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January 17, 2019, 11:46:01 PM

setting things straight as we speak
nope. poloniex problems perfectly timed to shut that spike down
https://twitter.com/Poloniex/status/1086009030114463749

Oh shit!  I am pretty sure I had a half dozen or so pinkcoin on there that they airdropped me 5 years ago!

How sad...

I meant, put things in order pokerwise, was running behind, but not anymore
just gonna need to be strong the next 6 sessions (wanna create some games, so need some BTC flowing)
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January 17, 2019, 11:48:51 PM
Merited by infofront (1)

@infofront

create the poll with two extra prices 1 under 2000 and 1 above 6500

then you exclude the overbearish as the overly bullish Roll Eyes Wink
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January 17, 2019, 11:56:38 PM

just read this : Buy bitcoin.
                      Spend bitcoin.
                      Replenish bitcoin.
                      Repeat

and               :Earn bitcoin.
                     Buy stuff.
                     Live on bitcoin.

I can say I do that for a big part, but also with always ADDING %'s to the cold storage Grin
and I think its a good way of working with BTC
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January 17, 2019, 11:59:06 PM



https://twitter.com/coinmetrics/status/1086013465926529024
bitserve
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January 18, 2019, 12:07:11 AM
Last edit: January 18, 2019, 01:04:00 AM by bitserve

Sideways, sideways....

Well... After the btcmillionaire more than successful subject about creating a self sustainable pond in his property... I would like to ask.... Anyone here has fully self-sustainable solar powered property? I have studied a lot about it, but some real life experience from another fellow WO'er would be great.

I think it is already at the point where it is cost efficient (more so considering where I live... SUN all the time!) and I am perfectly capable of doing everything myself and know my shit about buying stuff for way less that its usual price (either second hand or surplus) which will also help reduce the total cost substantially.

The property already has its own waterwell with enough capacity to fill the 125000 litres pool over a couple days. So it is only the power grid what I would like to cut off for a completely self sustainable property. My dream!

Will WO also deliver this time? lol

I am certainly not an expert, but are you building new, or retrofitting an existing AC wired home/building? With solar I think you have two main choices to wind up with usable electricity: Use an inverter to convert it to AC to run your existing appliances (expensive), or build new, with larger wiring in the walls for DC (to avoid voltage drop), then find all DC appliances (expensive). Many do that with camping and RV appliances.

That is on top of the power generation itself. Then if you want to watch TV at night (or whatever) you need batteries/storage (expensive).

I don't know what your weather is, but you can get better BTUs per dollar of heating perhaps with a passive heat storage, and pump heated water around. Perhaps gravel beds under the house, and/or water for thermal storage. If you need air conditioning, you need a serious inverter (expensive) or RV AC unit. I haven't looked, there are surely green-type DC appliances now that are better than using camping/RV appliances. It would look funny for your luxurious BTC millionaire home to have tiny RV fridges around...

If you are building new, it's much easier to implement some of this stuff, compared to retrofitting.  I am not an expert.

A 125000 liter pool doesn't sound very large (is this a swimming pool?), where I am from ponds are small (measured in tens of thousands of gallons), and lakes are measured in acres. Depending on your weather, perhaps some sort of geothermal involvement could help, and that takes a lot of power for all the pumping.

The house is already AC powered from the power grid.

Yes, I know the elements needed in the installation. In fact there are more than a simple inverter which might be the case for that example of a RV.

The AC wiring I am already renovating to current standards (better cables, more section, etc...) so I could do a parallel DC grid but that is not what I really want.

Heating is not really a problem where I live, (cool) air conditioning is. Also the pool pump and waterwell pump are quite powerfull. I would need to sustain around 5KW peaks in total for the entire house power needs.

I know that is probably too much for solar but I have a 150 square meters sun oriented surface above the house where I could install the panels. So there's more than enough space.

Then I see 300Watts panels are 1x2 meters square. I know panels don't usually deliver its max power but I am not sure what to expect IRL delivered power.... ie: 80% 50%?

I will probably just install a couple and see how it goes before adding more if the result is satisfactory but I supposed there would be some fellow WO member that had already did it (because of self sustain and all that).

Yeah, it is a swimming pool. Here it is considered a big pool I mean for a private/non-shared one. In fact I would prefer if it were a bit smaller or less deep but I can live with it thanks to the waterwell almost free water... otherwise I would be ruined by the water bill soon lol

Geothermal doesn't make sense around here. I mean, heating is not problem, it is electricity what I need to power the cooling air conditioners.
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January 18, 2019, 12:11:45 AM

WO please, I understand that we're not on a 90 degree up course to the moon, but this thread has a reputation to uphold. Somebody respond to the man.

Guess the non-English language made the entire post, including quote, just fly under my radar. I retract my former post. WO delivers.

Edit: Nevermind, I'm just blind.

It was a sort of personal post for Bitserve and more importantly, I like to mess with you all. Anyway...disculpas, pensé que todos aquí podían leer español..

Not a licensed electrician?  Want to be a human bug zapper?  Wire your own solar panels.  

Absolutely HM! Don't learn how to do anything for yourself. /s

On the serious side..ya..this stuff can actually kill you or a loved one if you mess it up. That being said there are a lot of good resources out there to learn enough to competently install your own systems. If your not 100% confident in your own skills I would say build it, then hire a qualified electrician to check out your work or have it inspected by the local relevant authority.

People fear what they do not understand.
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