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Question: Closing BTC Price June 17:
$0 - 3 (2.3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.6%)
$7,501-$7,750 - 4 (3.1%)
$7,751-$8,000 - 12 (9.2%)
$8,001-$8,250 - 13 (9.9%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.6%)
$8,751-$9,000 - 11 (8.4%)
$9,001,$9,250 - 13 (9.9%)
$9,251-$9,500 - 17 (13%)
>$9,500 - 17 (13%)
$20,000 - 9 (6.9%)
Total Voters: 131

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21225678 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. (64 posts by 15 users deleted.)
Arriemoller
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January 15, 2019, 11:24:55 PM

Liverpool family treats New Zealand beach like they treat their home, gets deported

https://www.odt.co.nz/news/national/tourists-speak-out-deportation-looms

Well, they are travelers, I hate those guys.
Every summer we have travelers from England driving along the countryside in Sweden trying to "fix a roof" or "Laying asphalt" or some other stuff like that. They do a bad job and ask for excessive payment and and dump their trash everywhere and threaten people who complain.
Every summer there are warnings about these guys in the paper.
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Arriemoller
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January 15, 2019, 11:26:50 PM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?



Currently set to 50 per 60 seconds (it was going to be 60/m, but I think they finalised at 50/m).  That is not designed to change.  So it's infinite.

Well, if it's infinite it won't be worth anything. That's Economics 101.
micgoossens
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January 15, 2019, 11:31:27 PM

FS you try an do good round here you get banned.

Loosers hehe



THX for posting that one



gives me a reason to AGAIN post the kind of crazy F*** I am
and how committed I must be Roll Eyes

still love that rollercoaster F***er on my arm and didn't regret it for 1 second

Grin Grin
Arriemoller
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January 15, 2019, 11:34:59 PM

Liverpool family treats New Zealand beach like they treat their home, gets deported

https://www.odt.co.nz/news/national/tourists-speak-out-deportation-looms

Well, they are travelers, I hate those guys.
Every summer we have travelers from England driving along the countryside in Sweden trying to "fix a roof" or "Laying asphalt" or some other stuff like that. They do a bad job and ask for excessive payment and and dump their trash everywhere and threaten people who complain.
Every summer there are warnings about these guys in the paper.

And also, they speak a weird, totally incomprehensible English.
bitserve
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January 15, 2019, 11:38:07 PM
Merited by kenzawak (1)

FS you try an do good round here you get banned.

Loosers hehe

https://i.imgur.com/N8Wyr45.gif[/img]
https://bitcointalk.org/index.php?topic=5097875.0
oh man Globb0 do be careful of those tards over there. they are mindless power-crazed robots. you may have to back down and act contrite and change your ways.
btw love what you were doing of course

It's a pity a random spontaneous act of kindness and generosity can be so heavily criticised instead of just accepted for what it is.
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January 15, 2019, 11:46:02 PM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?



Currently set to 50 per 60 seconds (it was going to be 60/m, but I think they finalised at 50/m).  That is not designed to change.  So it's infinite.

Well, if it's infinite it won't be worth anything. That's Economics 101.

That would be my understanding too, which has killed a lot interest that I initially had for it. However, how many other coins are like this? and how many of those have gone from low value to a high value.

Monero? But isn't their supply cut down to only 0.3 every block at some point?

Even with open ended supply it still seems that a lot of money can be made in the medium-term even if long-term it is destined for disaster.

50 every minute forever seems like a awful lot though.
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January 15, 2019, 11:48:45 PM
Merited by Toxic2040 (1), kenzawak (1), goldkingcoiner (1)

FS you try an do good round here you get banned.

Loosers hehe
Now I see what happened, and why I got some sweet merit from you.
I won't thank you, though. It's to keep you out of trouble ;-)
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January 15, 2019, 11:56:10 PM


All my hate.
micgoossens
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January 15, 2019, 11:59:26 PM

FS you try an do good round here you get banned.

Loosers hehe

https://i.imgur.com/N8Wyr45.gif[/img]
https://bitcointalk.org/index.php?topic=5097875.0
oh man Globb0 do be careful of those tards over there. they are mindless power-crazed robots. you may have to back down and act contrite and change your ways.
btw love what you were doing of course

It's a pity a random spontaneous act of kindness and generosity can be so heavily criticised instead of just accepted for what it is.

the times you see the posters from meta throwing 20-30-40-50 to each other is not any better ..... (I know I have been getting some big loads as well from generous guys in here.... but I do try to spread them around, it just must be to people I think are in here with best intentions and coiners) Smiley

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January 16, 2019, 12:00:36 AM


Thanks, I may well do Tongue
Arriemoller
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January 16, 2019, 12:13:14 AM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?



Currently set to 50 per 60 seconds (it was going to be 60/m, but I think they finalised at 50/m).  That is not designed to change.  So it's infinite.

Well, if it's infinite it won't be worth anything. That's Economics 101.

That would be my understanding too, which has killed a lot interest that I initially had for it. However, how many other coins are like this? and how many of those have gone from low value to a high value.

Monero? But isn't their supply cut down to only 0.3 every block at some point?

Even with open ended supply it still seems that a lot of money can be made in the medium-term even if long-term it is destined for disaster.

50 every minute forever seems like a awful lot though.


Indeed, it will be the Zimbabwean dollar of crypto.
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January 16, 2019, 12:35:49 AM

Interesting Wired article... maybe pertinent to the WOber thread?
(Apologies if already linked as its 4 days old... I know,that's ancient history in crypto,and tbh
I don't obsess over this thread so much as I used too, fair weather fan and such....)

https://www.wired.com/story/the-exaggerated-promise-of-data-mining/

Quote
In 2018, a Yale economics professor and a graduate student calculated correlations between daily changes in Bitcoin prices and hundreds of other financial variables. They found that Bitcoin prices were positively correlated with stock returns in the consumer goods and health care industries, and that they were negatively correlated with stock returns in the fabricated products and metal mining industries. “We don’t give explanations," the professor said, "we just document this behavior.” In other words, they may as well have looked at correlations of Bitcoin prices with hundreds of lists of telephone numbers and reported the highest correlations.


I don't get the point of that article. It says that looking for any correlations is going to find some, no matter what. So what? Correlation is not causation. Making sense of the (confirmed) correlations one finds requires insight, that's all.
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January 16, 2019, 12:47:43 AM

“A lot of families will complain that their mum or dad, although frail, went into residential care still alert and within a month are like a zombie,”

https://www.theguardian.com/australia-news/2019/jan/15/nursing-homes-turning-residents-into-zombies-aged-care-royal-commission-to-hear
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January 16, 2019, 01:12:24 AM

https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/

Quote
Russia is preparing an investment in Bitcoin to replace the US dollar as a reserve currency in a bid to tackle US sanctions, according to a Russian economist with close ties to the Kremlin.
Cryptocurrencies have seen a surge of interest in Russia, with President Vladimir Putin expressing interest in the digital assets in recent months. Mr Ginko believes Bitcoin and the wider cryptocurrency industry now account for 8pc of Russia’s GDP, and investment to bolster the country’s reserves with Bitcoin could start as soon as February.

“[The] Russian government is about to make a step to start diversifying financial reserves into Bitcoin since Russia [is] forced by US sanctions to dump US Treasury bonds and [take] back US dollars,” Mr Ginko said.

“These sanctions and the will to adopt modern financial technologies lead Russia to the way of investing its reserves into Bitcoin.”
Been waiting for MSM to confirm this. Thanks.

Careful, this guy apparently has been citing himself for his sourcing of this information.

https://www.ccn.com/fake-news-why-russia-is-probably-not-planning-a-10-billion-bitcoin-buy/

Edit:
Sorry if this has been already addressed.
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January 16, 2019, 01:17:32 AM

A 'pebble' falling from several kilometers (without any acceleration except for gravity) will kill you I think. At least that's what I remember my calculation of over a decade ago.

Did you account for air drag, or did you only consider gravitational acceleration?

At that time it would have lost all of its rotation and probably would be just tumbling with added air drag. A parabolic shoot on the other hand.... But still most probably not deadly... if it was so unfortunate to hit someone in the head/eyes/neck. Which is like an extremely small probability in itself. A hit to the body of person with clothes would probably just bounce (not without some moderate impact pain depending on clothes thickness) and not penetrate.

just wrong

Fatalities from falling bullets are all too frequent. The classic scenario is middle eastern wedding celebrations where falling lead kills a member of the party.  Happens too much.
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January 16, 2019, 01:23:28 AM

Mixed thought: https://bitcointalk.org/index.php?topic=5097875.new#new

Good night into far HODLspace

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January 16, 2019, 01:41:33 AM
Merited by JayJuanGee (1)

Mixed thought: https://bitcointalk.org/index.php?topic=5097875.new#new

Good night into far HODLspace



Good night mate
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January 16, 2019, 01:45:39 AM

A 'pebble' falling from several kilometers (without any acceleration except for gravity) will kill you I think. At least that's what I remember my calculation of over a decade ago.

Did you account for air drag, or did you only consider gravitational acceleration?

At that time it would have lost all of its rotation and probably would be just tumbling with added air drag. A parabolic shoot on the other hand.... But still most probably not deadly... if it was so unfortunate to hit someone in the head/eyes/neck. Which is like an extremely small probability in itself. A hit to the body of person with clothes would probably just bounce (not without some moderate impact pain depending on clothes thickness) and not penetrate.

just wrong

Fatalities from falling bullets are all too frequent. The classic scenario is middle eastern wedding celebrations where falling lead kills a member of the party.  Happens too much.

Hmmmm, if you say so maybe I am wrong....

https://en.wikipedia.org/wiki/Celebratory_gunfire

Time to do some study about it...

P.S.: It looks like the most dangerous it is when it is shoot at an angle (parabolic trajectory), as expected, not straight up in the air. But yeah, it seems real people have died or been injured due to it.
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January 16, 2019, 01:59:18 AM

From the Wikipedia link, referencing Mythbusters:

Quote
They found that while bullets traveling on a perfectly vertical trajectory tumble on the way down, creating turbulence that reduces terminal velocity below that which would kill, it was very difficult to fire a bullet in a near-ideal vertical trajectory. In practice, bullets were likely to remain spin-stabilized on a ballistic trajectory and fall at a potentially lethal terminal velocity. They also verified cases of actual deaths from falling bullets.
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January 16, 2019, 02:01:07 AM

I fucking need some moon now that I am again mortgaged! Weeeeeeee!

"Again"?  What is the back story?

I think you were busy IRL when I decided to somehow share it here: https://bitcointalk.org/index.php?topic=178336.msg49054618#msg49054618

Ok.... Now that I read that again, I recall seeing it.

It seems like a bit of an over-leveraging, but not necessarily a bad one.  Each of us needs to make those kinds of decisions, and not necessarily kick ourselves if we teeter on one side or another.

I recall that in about late 2014/early 2015, I was teetering on whether I should divert some of my 401k investment into bitcoin.  At the time, I was more than 50% in the red in bitcoin, and I figured that such a diversion of merely a portion of my 401k could more than double my BTC holdings.  In the end, I decided NOT to do it because I had already gotten to a level of investment in bitcoin that was beyond my initial projection of what I was going to do.  So I could not really justify taking a larger stake, which would rise to the level of a kind of excessive gambling, in my thinking.  I continued to dollar cost average and to attempt to invest fairly high amounts of my spare cash flow into bitcoin, and I considered that what I was doing was more than enough "overleveraging" because it also allowed me to feel comfortable with my soon thereafter decision to sell on the way up (my current practice of selling on the way up and buying on the way down with ongoing dollar cost averaging into bitcoin of any extra income that I get).  So, I never really feel bad to shave off a bit of sales of bitcoin, here and there, because I already feel a bit "overleveraged," but NOT overleveraged so much as to have taken out of my 401k.  Anyhow, my point is that there can be a variety of ways to still achieve a kind of overleveraging approach while NOT breaking the bank, so to speak.
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