Bitcoin Forum
August 07, 2020, 01:20:59 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: How much of your corn do you plan on cashing out in the next massive bull run?
None - 22 (18.8%)
1-10% - 15 (12.8%)
11-20% - 14 (12%)
21-30% - 16 (13.7%)
31-40% - 5 (4.3%)
41-50% - 12 (10.3%)
51-60% - 9 (7.7%)
61-70% - 5 (4.3%)
71-80% - 4 (3.4%)
81-90% - 2 (1.7%)
91-99% - 3 (2.6%)
100% - 10 (8.5%)
Total Voters: 117

Pages: « 1 ... 24603 24604 24605 24606 24607 24608 24609 24610 24611 24612 24613 24614 24615 24616 24617 24618 24619 24620 24621 24622 24623 24624 24625 24626 24627 24628 24629 24630 24631 24632 24633 24634 24635 24636 24637 24638 24639 24640 24641 24642 24643 24644 24645 24646 24647 24648 24649 24650 24651 24652 [24653] 24654 24655 24656 24657 24658 24659 24660 24661 24662 24663 24664 24665 24666 24667 24668 24669 24670 24671 24672 24673 24674 24675 24676 24677 24678 24679 24680 24681 24682 24683 24684 24685 24686 24687 24688 24689 24690 24691 24692 24693 24694 24695 24696 24697 24698 24699 24700 24701 24702 24703 ... 27082 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21783973 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.)
jojo69
Legendary
*
Offline Offline

Activity: 1834
Merit: 2479


no FOMO


View Profile
August 17, 2019, 01:26:47 AM

This ends only one way. War.

I fear so.  Our chances of getting through it without serious radiological release seem grim indeed.
1596806459
Hero Member
*
Offline Offline

Posts: 1596806459

View Profile Personal Message (Offline)

Ignore
1596806459
Reply with quote  #2

1596806459
Report to moderator
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1596806459
Hero Member
*
Offline Offline

Posts: 1596806459

View Profile Personal Message (Offline)

Ignore
1596806459
Reply with quote  #2

1596806459
Report to moderator
1596806459
Hero Member
*
Offline Offline

Posts: 1596806459

View Profile Personal Message (Offline)

Ignore
1596806459
Reply with quote  #2

1596806459
Report to moderator
1596806459
Hero Member
*
Offline Offline

Posts: 1596806459

View Profile Personal Message (Offline)

Ignore
1596806459
Reply with quote  #2

1596806459
Report to moderator
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
August 17, 2019, 01:36:59 AM

This ends only one way. War.

I fear so.  Our chances of getting through it without serious radiological release seem grim indeed.

Rubbish.

The world is far more connected today than it was 15 years ago.

The iPhone means that people in Milwaukee are far more likely to be interlinked with people in Ulan Bator or Nairobi.

These interconnected trade flows mean that war is rapidly becoming unacceptable between state actors.  It would be bad for business.  Pyongyang is kept on a tight leash by Beijing.

Of course we are seeing increasing sophistication from non-State actors such as ISIS and white supremacists, but they don’t have access to WMDs as yet (and won’t if the world’s intelligence agencies have anything to do with it).
infofront
Legendary
*
Offline Offline

Activity: 2100
Merit: 2106


Shitcoin Minimalist


View Profile
August 17, 2019, 02:59:25 AM

You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, ... unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there)

Q: Given an unending supply of inflationary medium, how long can a balloon keep expanding?

A: Exactly until the internal inflationary forces overcome structural integrity, causing balloon to burst.

- jbreher, proud monetary armageddonist nutjob since long before the turn of the millennia


Noted:  Jbreher admits to being one of the armagaeddon nutjobs.  Hopefully, you, jbreher, are not staking too much of actual value (more  than 10% - or even up to 20% in really seemingly stupid-ass crazy dedication)  on such an unlikely scenario.
I don't know when, but I'm 99% certain there will be a grand worldwide monetary reset within my lifetime. Perhaps as early as next week.
I might subscribe to this, but the question is what form it would take.
Imagine for a moment that ALL bonds in developed countries (or at least up to 30 year) are with negative yield (like in Germany right now).
What would it mean?
To me, it would almost certainly mean that you would be charged for deposits. In a big picture this would look like system malfunction.
El-Erian recently said that fin system is not set up to operate with negative yields. Think of insurance and pension funds, for example.
In this situation, who would have deposits larger than a month or two of expenses?
Reset where and how would reset affect those negative rates?

I don't think that the CBs/IMF/etal have WarRoomed the possibilities sufficiently in order to be ready when the offal hits the oscillator. Accordingly, they will likely react in panic. Which would indicate the reset could go in any direction.

That said...

r0ach certainly spews a lot of shit. However, I can agree with him on one point. I think the most likely reset (should it occur within the near or mid term) would be a return to gold as the ultimate basis of world monetary system. I suppose there might be an interim step of 'backed by SDR', but I don't expect that particular sleight of hand to last more than a decade itself.

I do see scenarios where Bitcoin (be it BTC, BSV, or BCH) becomes the reserve currency, but given current state and rate of current trends, less likely. At least in the short term.

As far as interest rates? Repudiated debt does not carry interest.

I don't see the rebasing of the monetary system happening any time soon. Governments never give up power willingly, and the power to print money is the single greatest power they hold.
soxxx
Member
**
Offline Offline

Activity: 255
Merit: 62


View Profile
August 17, 2019, 03:03:40 AM

Whatsup Bears?!?



bkbirge
Sr. Member
****
Offline Offline

Activity: 868
Merit: 433



View Profile
August 17, 2019, 03:08:09 AM

Appeared on the Google news feed.

"Visionary Bitcoin Creator Satoshi Nakamoto to Reveal Identity"

https://www.globenewswire.com/news-release/2019/08/16/1903230/0/en/Visionary-Bitcoin-Creator-Satoshi-Nakamoto-to-Reveal-Identity.html

Someone claiming to be satoshin.


"...Nakamoto will illustrate the role that cyphers and encryption related to his devotion to Chaldean numerology played in many decisions in his creation of Bitcoin."


lightfoot
Legendary
*
Offline Offline

Activity: 2296
Merit: 1597


I fix broken miners. And make holes in teeth :-)


View Profile
August 17, 2019, 03:18:15 AM



Ahhhh.... I like bottom.
fillippone
Hero Member
*****
Offline Offline

Activity: 784
Merit: 3764


I worship Caffeine


View Profile
August 17, 2019, 04:44:53 AM
Merited by 600watt (1)

Good morning WO
Observing BTC @10,380
Observing above picture Too
Speaking of dreams:
If you want to dream, dream it bigger:

https://twitter.com/digitaliknet/status/1162367526279491585?s=21
Quote

Something for fun Smiley It shows how would next 1458 days (full cycle) look like if price change history would repeat last 1458 days. As with all other graphs this one is live so it is interesting to see how estimated ATH is changing over time.
digitalik.net/btc/cycle_repe…
#bitcoin #btc

HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
August 17, 2019, 05:05:11 AM

Yeah.  That would be quite a lot of money.  So many moneys.
fillippone
Hero Member
*****
Offline Offline

Activity: 784
Merit: 3764


I worship Caffeine


View Profile
August 17, 2019, 05:10:45 AM

Yeah.  That would be quite a lot of money.  So many moneys.
Remember to HODL.
Don’t get lured into selling 400K!

Ah! I want to see this post to age well and be found again around WO page 53,834!
Biodom
Legendary
*
Offline Offline

Activity: 2394
Merit: 1555



View Profile
August 17, 2019, 05:17:26 AM

Impossibru!
VB1001
Hero Member
*****
Offline Offline

Activity: 672
Merit: 2140


<<CypherPunkCat>>


View Profile WWW
August 17, 2019, 05:46:14 AM
Merited by vapourminer (1), fillippone (1)

Coinbase Accidentally Saves Unencrypted Passwords of 3,420 Customers

Quote
Major crypto platform Coinbase has emailed 3,420 Coinbase customers to disclose an accident with customer registration. Some registration details were apparently stored in clear text on the logs of Coinbase’s internal server, with affected customers now required to change their passwords.

Coinbase announced the news in an official blog post on Aug. 16. According to the announcement, Coinbase has resolved the root cause of the bug and the platform is confident that stored data was not “improperly accessed, misused, or compromised.”

https://cointelegraph.com/news/coinbase-accidentally-saves-unencrypted-passwords-of-3-420-customers

Post Mortem: A closer look at a password storage issue affecting 3,420 customers

https://blog.coinbase.com/post-mortem-a-closer-look-at-a-password-storage-issue-affecting-3-420-customers-e23cfc8a0363
jojo69
Legendary
*
Offline Offline

Activity: 1834
Merit: 2479


no FOMO


View Profile
August 17, 2019, 05:54:46 AM


Rubbish.


I wish I shared your optimism.  While I do believe that the State, as currently conceived, is becoming obsolete, I expect it to be an idea whose death throes will be quite violent.
SuperTA
Sr. Member
****
Offline Offline

Activity: 406
Merit: 301


View Profile
August 17, 2019, 06:04:10 AM
Last edit: August 17, 2019, 06:14:37 AM by SuperTA
Merited by 600watt (1)

Good morning WO
Observing BTC @10,380
Observing above picture Too
Speaking of dreams:
If you want to dream, dream it bigger:

https://twitter.com/digitaliknet/status/1162367526279491585?s=21
Quote

Something for fun Smiley It shows how would next 1458 days (full cycle) look like if price change history would repeat last 1458 days. As with all other graphs this one is live so it is interesting to see how estimated ATH is changing over time.
digitalik.net/btc/cycle_repe…
#bitcoin #btc



Bro, don't compare and copy this pattern  from 2016! That was a bad pattern, caused by collapse of mt.gox. Which caused longer sideways movement after the bear market.
That's why many people think this bull rally 2019 from 3k to 14k was too fast. Because they compare this year's rally with previous start of 2016 bull rally. We are in a different circumstances right now and we will probably have a different pattern this time. Besides that, this pattern looks very unnatural, if you look the pattern from today's point to 2021.
fillippone
Hero Member
*****
Offline Offline

Activity: 784
Merit: 3764


I worship Caffeine


View Profile
August 17, 2019, 06:17:20 AM

Coinbase Accidentally Saves Unencrypted Passwords of 3,420 Customers

Quote
Major crypto platform Coinbase has emailed 3,420 Coinbase customers to disclose an accident with customer registration. Some registration details were apparently stored in clear text on the logs of Coinbase’s internal server, with affected customers now required to change their passwords.

Coinbase announced the news in an official blog post on Aug. 16. According to the announcement, Coinbase has resolved the root cause of the bug and the platform is confident that stored data was not “improperly accessed, misused, or compromised.”

https://cointelegraph.com/news/coinbase-accidentally-saves-unencrypted-passwords-of-3-420-customers

Post Mortem: A closer look at a password storage issue affecting 3,420 customers

https://blog.coinbase.com/post-mortem-a-closer-look-at-a-password-storage-issue-affecting-3-420-customers-e23cfc8a0363

#deletecoinbase
#neverforget
jbreher
Legendary
*
Offline Offline

Activity: 2828
Merit: 1488


lose: unfind ... loose: untight


View Profile
August 17, 2019, 06:24:01 AM

You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, ... unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there)

Q: Given an unending supply of inflationary medium, how long can a balloon keep expanding?

A: Exactly until the internal inflationary forces overcome structural integrity, causing balloon to burst.

- jbreher, proud monetary armageddonist nutjob since long before the turn of the millennia


Noted:  Jbreher admits to being one of the armagaeddon nutjobs.  Hopefully, you, jbreher, are not staking too much of actual value (more  than 10% - or even up to 20% in really seemingly stupid-ass crazy dedication)  on such an unlikely scenario.
I don't know when, but I'm 99% certain there will be a grand worldwide monetary reset within my lifetime. Perhaps as early as next week.
I might subscribe to this, but the question is what form it would take.
Imagine for a moment that ALL bonds in developed countries (or at least up to 30 year) are with negative yield (like in Germany right now).
What would it mean?
To me, it would almost certainly mean that you would be charged for deposits. In a big picture this would look like system malfunction.
El-Erian recently said that fin system is not set up to operate with negative yields. Think of insurance and pension funds, for example.
In this situation, who would have deposits larger than a month or two of expenses?
Reset where and how would reset affect those negative rates?

I don't think that the CBs/IMF/etal have WarRoomed the possibilities sufficiently in order to be ready when the offal hits the oscillator. Accordingly, they will likely react in panic. Which would indicate the reset could go in any direction.

That said...

r0ach certainly spews a lot of shit. However, I can agree with him on one point. I think the most likely reset (should it occur within the near or mid term) would be a return to gold as the ultimate basis of world monetary system. I suppose there might be an interim step of 'backed by SDR', but I don't expect that particular sleight of hand to last more than a decade itself.

I do see scenarios where Bitcoin (be it BTC, BSV, or BCH) becomes the reserve currency, but given current state and rate of current trends, less likely. At least in the short term.

As far as interest rates? Repudiated debt does not carry interest.

I don't see the rebasing of the monetary system happening any time soon. Governments never give up power willingly, and the power to print money is the single greatest power they hold.

I don't disagree with you on the governmental desire to coin money. However, the next monetary crisis, there will be no backstop. They will be powerless when the value of any currency they can manage trends toward zero.
serveria.com
Sr. Member
****
Offline Offline

Activity: 896
Merit: 267


Balls of steel


View Profile WWW
August 17, 2019, 06:25:20 AM


7/10 nice but not perfect. I'm not into fitness girls and this girl seems to have done a lot of squats...  Grin  I prefer rounder, more feminine butts  Cool
El duderino_
Legendary
*
Online Online

Activity: 1134
Merit: 3972


#STAYinsideSTAYdrunk *the dude*


View Profile
August 17, 2019, 06:37:02 AM

Impossibru!

Could say that, but I do love to think that nothing is impossible Cheesy
JayJuanGee
Legendary
*
Offline Offline

Activity: 2338
Merit: 3029


How much alt coin diversification is needed? 0%?


View Profile
August 17, 2019, 06:45:17 AM

Fair enough point, but I still would be hesitant to put all my eggs in one basket, no matter what my age.  Of course, if you are real young and barely just living on your own (moving out of the parent house or even living with parents and in the early stages of building your wealth), then in those cases, you usually do start with just investing in one thing while you are building your portfolio, and then you might start to expand out with the passage of time.  If you only have one investment because you are just starting to invest, then probably in those kinds of circumstances, you might start out with bitcoin... perhaps?  Those are somewhat individually tailored decisions concerning how diversified any person needs to be in terms of cash flow and projected expenses, too.

It also depends on your income. I'm not 20 but still at the start of my career, without a good diploma, so not a great salary. Most of my savings go towards my company's stock, as it's making a matching contribution, it's a safe bet I can't overlook. I was in the stock market but sold everything as it became scary, two years later it has basically not moved (French stock market), so I just lost some dividends, but got peace of mind. Overall I'm 30% company stock, 30% cash, 40% BTC, with BTC's share quite volatile obviously. At current prices I couldn't even buy 1BTC/year so not really worth it, better keep cash and buy when it's lower. I want to put the company stock and some/most of the cash towards a home with a small mortgage on top, after that I might put more money towards BTC, but not even sure, I'd like some land, maybe a bit of forest.

You seem to be describing Armageddon-like scenarios in which gold might prosper in such a way that is appreciating 10x or more from current value, and yeah, I agree that we should not be making the bulk of our investment decisions and/or allocations based on such unlikely scenarios, but we might chose to make 1% to 10% of our investment choices based on such scenarios, especially if we assign them a high probability (such as 10%, which seems a bit high to me, but might seem reasonable to some of the Armageddon nutjobs out there, such as roach and like-thinking acolytes of similar dumbass mindsets)

In that case you also need physical gold, stashed at home. An ETF or whatever is useless. Stashing at home has its own downsides.

Well, each of us has to make a choice.  I know that I invested into a 401k plan that had employer matching, for well over 15 years, and I would max out that 401k plan to the tax deductible limit.  However I did not know about BTC druing that time, so I am not really what would have happened in those pre-2014 days. 

So, yeah, currently, if I was building my investments, I probably would maximize at least the matching portion of the fund first, and then consider whether I should maximize the tax deductible portion before allocating to BTC.  People might decide differently, but there is a certain level of attractiveness and even convenience to have a decent amount of your investment funds under one roof.

Regarding Armageddon, I am still suggesting that guys gotta be fucking super careful regarding how much credence that they are giving to Armageddon scenarios that are likely in the less than 1%  likelihood and h9ow much of their value are they investing into such a low likely scenario.

Do the fuck what you like, ultimately, but it is also good to attempt to grapple with the probabilities and don't be fucking investing way the fuck higher than the probabilities that you even assign to such events.  Yeah, if you happen to be an Armageddon nutjob then you are going to assign higher values to that so there is ONLY so much that normal people can  talk the dumb out of dumb, so do the fuck what you like if you are assigning higher probabilities to such situations.
jojo69
Legendary
*
Offline Offline

Activity: 1834
Merit: 2479


no FOMO


View Profile
August 17, 2019, 06:50:31 AM

...not into fitness girls...

 Roll Eyes
JayJuanGee
Legendary
*
Offline Offline

Activity: 2338
Merit: 3029


How much alt coin diversification is needed? 0%?


View Profile
August 17, 2019, 06:59:07 AM

It will take several more months to get shit re-arranged. Miss you all (even JJG. Sort of).

Well, I am glad that you sort of miss me, and hopefully you are able to catch up on everything  - not a bad thing to have a lot of balls in the air, as long as you are feeling that none of them are getting too out-of-control.  Look forward to seeing you in a few months, and insulting you in some kind of meaningless way, too.    Wink Wink     Cheesy Cheesy Cheesy Cheesy
Pages: « 1 ... 24603 24604 24605 24606 24607 24608 24609 24610 24611 24612 24613 24614 24615 24616 24617 24618 24619 24620 24621 24622 24623 24624 24625 24626 24627 24628 24629 24630 24631 24632 24633 24634 24635 24636 24637 24638 24639 24640 24641 24642 24643 24644 24645 24646 24647 24648 24649 24650 24651 24652 [24653] 24654 24655 24656 24657 24658 24659 24660 24661 24662 24663 24664 24665 24666 24667 24668 24669 24670 24671 24672 24673 24674 24675 24676 24677 24678 24679 24680 24681 24682 24683 24684 24685 24686 24687 24688 24689 24690 24691 24692 24693 24694 24695 24696 24697 24698 24699 24700 24701 24702 24703 ... 27082 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!