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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25496009 times)
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January 30, 2019, 04:49:53 PM



It is worth noting the converse is NOT always true.  See CSW.
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January 30, 2019, 04:51:28 PM

https://i.imgur.com/jduepjX.png

We follow the path to close the red leg.

But I think the movement towards it will be slow and choppy. We will probably not have the luxury of one quick fat capitulation spike down.

Hearkening back to all those times, and wishing for them... exemplifies the existence of an battle scarred bitcoin OG.

unleash the BULLS or no unleash the kraken!!!! For buying Grin
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January 30, 2019, 04:51:54 PM
Merited by kenzawak (1)

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January 30, 2019, 04:54:25 PM

^^
Hilarious and actualy my GF stopped with eating meat and I am following her trend already for a +- 2 months now Roll Eyes
It's commendable!! I think someday people stop eating meat.
Never going to happen.

The problem isn't eating meat either, the problem lies in the draconian conditions in which most animals that are raised for human consumption live.

This is partially countered with true free range, which costs more (as it should, supermarket meat is too cheap). And the problem is fully countered with lab grown meat, which is just around the corner.

If you care about animals buy meat, eggs and dairy from suppliers that let their animals live naturally without restrictions. That funnels money away from battery farming cunts and supports animal welfare by providing genuine farmers with more funds.


This is what vegetarians and vegans should really be doing (unless they genuinely hate the taste of meat), as it would clearly signal the markets to invest into animal welfare over cutting costs by any means available. The end destination of this path is real meat with no bloodshed.
Meanwhile the end destination of veganism is the near complete to complete extinction of life stock that can not possibly live in nature as there would be no incentive to raise it.
I care about what kind of meat tastes better and is more nutritional.

They are products. Literal lambs for the slaughter. No need to be senselessly cruel, but human diet comes first.
Battery farmed meat tastes like nothing. It's almost exclusively water.

If you care about taste you care about animal welfare by transitivity, as free ranging and a proper diet directly translate into tastier meat.

There's a reason why a steak of Iberico pork tastes as if it was fried in nut oil, namely because they've been eating nothing but nuts throughout their whole life. Similarly, animals that ate the garbage that they are fed in battery farms without ever getting to move around taste like garbage.

And once it comes to lab meat there won't be any limit to taste experiences that could be crafted that were never before possible, e.g. mix and matching different types of meats and adjusting their flavour profile as if the animals were fed certain diets will become a thing in due time.


There is no argument for battery farms other than cost and profit.
The cost argument doesn't hold as lab meat is ultimately going to be cheaper by so many orders of magnitude that not funding it can't be called anything but retarded. And the profit argument, well. Should people and animals suffer so some twat can make a few more dollars?
It's pretty clear that battery farms are a net negative today, more people could be fed without them, they make animals suffer throughout their entire lifetime, they fuck the environment, the produce is shit tier, they make humans sick and/or immune to antibiotics, etc.
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January 30, 2019, 04:56:10 PM


LOL stop murdering old schools 😁
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January 30, 2019, 04:57:53 PM

Being woken up @ 4am to a bunch of Antminers beeping because there is no Internet connection was not pleasant.
Fair enough, I never allowed miners to interrupt my sleep. I'd rather lose some money than my sanity.

GPU mining was more of a pain in the ass in previous eras. SHA256 (Bitcoin) and Script (Litecoin, etc) mining produced tons of heat and used a lot of power, which required more thermal and electrical management, and led to lots of burned out fans and GPUs. And there were no USB stick mining OSs until around 2015.

Also, when mining bitcoin 8 years ago, the typical GPU fans and heatsinks were nowhere near the quality of today's.

Today, with better GPU cooling, better mining and rig management software, and the emphasis on lower power consumption algorithms, mining is easier and less time consuming than ever.
I do remember frying one of my cards some 5-6+ years ago, which put me off from trying again for quite a while. Completely forgot how much of a PITA mining used to be compared to nowadays.
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January 30, 2019, 05:05:56 PM

The Lightning Network on Bitcoin passed a fresh milestone this week, taking its overall capacity to over 600 BTC ($2 million) for the first time.

https://bitcoinist.com/lightning-network-capacity-600-bitcoin/

Quote
Data from monitoring resource 1ML.com confirmed the achievement, which occurred early January 30.

The previous day proved to be particularly successful for the Bitcoin mainnet Lightning implementation, capacity growing by 21 BTC in 24 hours. Now with a total capacity of 601 BTC ($2,053,000), Lightning has added 15 percent over the past month.Now with a total capacity of 601 BTC ($2,053,000), Lightning has added 15 percent over the past month.


Real-Time Lightning Network Statistics

https://1ml.com/statistics

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January 30, 2019, 05:06:15 PM

I'm afraid I can not promise you this Roll Eyes

The Lightning Network on Bitcoin passed a fresh milestone this week, taking its overall capacity to over 600 BTC ($2 million) for the first time.

https://bitcoinist.com/lightning-network-capacity-600-bitcoin/

Quote
Data from monitoring resource 1ML.com confirmed the achievement, which occurred early January 30.

The previous day proved to be particularly successful for the Bitcoin mainnet Lightning implementation, capacity growing by 21 BTC in 24 hours. Now with a total capacity of 601 BTC ($2,053,000), Lightning has added 15 percent over the past month.Now with a total capacity of 601 BTC ($2,053,000), Lightning has added 15 percent over the past month.


Real-Time Lightning Network Statistics

https://1ml.com/statistics


15 percent over the past month is very good Shocked
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January 30, 2019, 05:09:06 PM

Should people and animals suffer so some twat can make a few more dollars?
Not people, and I don't know where you get that from, but animals certainly if it could somehow improve the meat (or make some twat a few bucks without lowering the quality), yes.

That is what lambs for the slaughter means. They only exist because we are going to eat them. Their well being is not of importance in itself. If we didn't eat meat, they would not exist in any appreciable quantity if at all.
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January 30, 2019, 05:11:08 PM

Should people and animals suffer so some twat can make a few more dollars?
Not people, and I don't know where you get that from, but animals certainly if it could somehow improve the meat, yes.

That is what lambs for the slaughter means. They only exist because we are going to eat them. Their well being is not of importance in itself. If we didn't eat meat, they would not exist in any appreciable quantity if at all.
You still engage in selective reading and cherry picking. Not sure taking you off the ignore list was the right move. Posts in response to you seem like a complete waste of time.


My post.
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January 30, 2019, 05:13:30 PM
Merited by JayJuanGee (1)

even with all the relative information pain about how "rich I used to be,"

Well, yeah. We didn't perfectly time the exit*. I continue to maintain that the tops and the bottoms are largely uncallable. Which is why we hodl.

Quote
I still can recognize and appreciate that my BTC holdings are still in a very positive territory - even looking back 2 years ago. 

^^^ This is the critical bit. Having been trough several blow-off tops, each subsequent one an order of magnitude greater than the last. Which -- again -- is why we continue to hodl.

pit pat piffy wing wong wang.
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January 30, 2019, 05:14:10 PM

Should people and animals suffer so some twat can make a few more dollars?
Not people, and I don't know where you get that from, but animals certainly if it could somehow improve the meat, yes.

That is what lambs for the slaughter means. They only exist because we are going to eat them. Their well being is not of importance in itself. If we didn't eat meat, they would not exist in any appreciable quantity if at all.
You still engage in selective reading and cherry picking. Not sure taking you off the ignore list was the right move. Posts in response to you seem like a complete waste of time.


My post.
Still don't see it. I have been saying the whole time that quality is a priority. Where do you see people suffering?
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January 30, 2019, 05:15:38 PM


Tru dat. But the imprimatur of Deloitte gives the pinstriped bandits 'career cover' in any recommendation of Gemini, and therefore Bitcoin at Gemini, and therefore -- to some extent -- Bitcoin.
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January 30, 2019, 05:15:46 PM

even with all the relative information pain about how "rich I used to be,"

Well, yeah. We didn't perfectly time the exit*. I continue to maintain that the tops and the bottoms are largely uncallable. Which is why we hodl.

Quote
I still can recognize and appreciate that my BTC holdings are still in a very positive territory - even looking back 2 years ago. 

^^^ This is the critical bit. Having been trough several blow-off tops, each subsequent one an order of magnitude greater than the last. Which -- again -- is why we continue to hodl.

pit pat piffy wing wong wang.
You would not believe the stress my old man is having over my desperate financial situation. Keeps telling me to sell, with no clue what it does to me.
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January 30, 2019, 05:19:50 PM

Another one ?

Crypto Exchange QaudrigaCX Goes Offline, Claims Maintenance Issues

https://cointelegraph.com/news/crypto-exchange-qaudrigacx-goes-offline-claims-maintenance-issues

"Canadian cryptocurrency exchange QuadrigaCX is down for maintenance, according to an announcement on its webpage on Jan. 28. The exchange, which has been wrapped up in legal troubles with the Canadian Imperial Bank of Commerce (CIBC), is inaccessible as of press time.
...
The exchanges users, some of whom have purportedly been unable to access or withdraw their funds for months, took to Reddit and Twitter. One user asked, “Shouldn't you let your customer know before taking it down?” Some users on a Reddit post speculated as to whether the exchange had gone insolvent. One commenter stated, “They will declare insolvency due to an inability to find a suitable bank to host an account and facilitate transfers.”

 Thank you JBreher for giving me the heads up about Jan 3rd proof of keys!  I am still proving and very grateful for the heads up.  I might otherwise have been crying about this news.

You're welcome, xhomerx10. Trace Mayer probably deserves a nod, as I think the entire idea of commemorating the anniversary with this communal Proof Of Keys event was his. I merely reminded the WO community. Of course, fundamentally, the real lesson here is 'Not your keys - Not your Bitcoin'.
Who keeps any suitable amount on these little piss ant exchanges though?

Well, I'd been buying all the way down from $20K. I was surprised to really cogitate upon how much had merely accumulated on exchange due to this activity. I've since put some back in order to re-establish my sell ladder, but not nearly so much as I drew down EOY.
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January 30, 2019, 05:24:28 PM

This should make you happy: (stored on-chain)

https://www.pagereturn.com/715c3c69141d2a810c9b197113630bc4e6ce75a0b4a7047cce4cf1ec32f0f4d0

Awesome explanation I must say! Wink

Let's try this!

Might be difficult with tiny blocks. You may need a more capacious chain.
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January 30, 2019, 05:31:27 PM

which bitcoin credit card do you guys use, can you recommend one?

I have a Shift card. It's not a credit card though - it's a Visa-branded debit card. I don't really use it though. Here in USA, we need to track all use of crypto to buy things as a taxable capital gains event. Which makes using the card a headache.

Hmm... just pulled the Shift card out of the desk drawer. Looks like I don't have a Shift account any longer. Expired 1/19. They didn't contact me to re-up. Maybe because my relative non-use is nothing but a headache for them?
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January 30, 2019, 05:47:07 PM


More truthful meme... Sad
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January 30, 2019, 05:51:10 PM

I don't know if it's a good or bad news for BTC  Undecided

Gaza's Ruling Group Hamas Seeks Funding in Bitcoin to Combat Financial Isolation

Quote
The militant arm of Hamas — the de facto ruling authority of the Gaza Strip in Palestine — has appealed to its supporters to send it funds using Bitcoin (BTC). The appeal was made via the official Telegram channel of Abu Obeida, a spokesman for Hamas’ Izz ad-Din al-Qassam Brigades, on Jan. 29.

In his message, Abu Obeida called upon “all lovers of the resistance and the supporters of our righteous cause to support the resistance financially using ‘Bitcoin’ currency,” adding that an exact funding mechanism for transacting the crypto would be announced later. He continued:

“The Zionist enemy is fighting the resistance by trying to cut its support by all means, but the resistance lovers in all the world are fighting these Zionist attempts and are seeking to find all possible support for the resistance."

Abu Obeida’s turn to Bitcoin comes in the immediate context of Israeli Prime Minister Benjamin Netanyahu’s decision to temporarily freeze millions of dollars in Qatari aid — including $15 million a month to pay the salaries of Hamas civil servants — from entering the Gaza Strip, in retribution for a recent flare-up in border tensions between Israel and Hamas.

https://cointelegraph.com/news/gazas-ruling-group-hamas-seeks-funding-in-bitcoin-to-combat-financial-isolation
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January 30, 2019, 05:53:20 PM

I don't know if it's a good or bad news for BTC  Undecided

Gaza's Ruling Group Hamas Seeks Funding in Bitcoin to Combat Financial Isolation

Quote
The militant arm of Hamas — the de facto ruling authority of the Gaza Strip in Palestine — has appealed to its supporters to send it funds using Bitcoin (BTC). The appeal was made via the official Telegram channel of Abu Obeida, a spokesman for Hamas’ Izz ad-Din al-Qassam Brigades, on Jan. 29.

In his message, Abu Obeida called upon “all lovers of the resistance and the supporters of our righteous cause to support the resistance financially using ‘Bitcoin’ currency,” adding that an exact funding mechanism for transacting the crypto would be announced later. He continued:

“The Zionist enemy is fighting the resistance by trying to cut its support by all means, but the resistance lovers in all the world are fighting these Zionist attempts and are seeking to find all possible support for the resistance."

Abu Obeida’s turn to Bitcoin comes in the immediate context of Israeli Prime Minister Benjamin Netanyahu’s decision to temporarily freeze millions of dollars in Qatari aid — including $15 million a month to pay the salaries of Hamas civil servants — from entering the Gaza Strip, in retribution for a recent flare-up in border tensions between Israel and Hamas.

https://cointelegraph.com/news/gazas-ruling-group-hamas-seeks-funding-in-bitcoin-to-combat-financial-isolation
It's good for hamas
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