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Question: When ATH?
Nov. 2020 - 47 (36.2%)
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Mar. 2021 - 5 (3.8%)
After Mar. 2021 - 16 (12.3%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24682592 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. (153 posts by 40 users deleted.)
realr0ach
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September 09, 2019, 11:12:02 PM

Wow BTC hasrate is skyrocketing!

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

These posts are so misleading and dumb.  The hashrate can double just from Bitmain throwing away all their old ASICs and plugging in the exact same number of 7nm machines.  So *real* Bitcoin mining can even be decreasing while hash rate goes up LOL.  But what else can you expect from the peanut gallery of JayJuanGee level noob posters consisting of:  Micgoossens, VB1001, fillippone, & JayJuanGee.  All you're really witnessing is sunk cost fallacy trying to be portrayed as somehow positive.  It's the equivalent of claiming your car broke down and having to buy a new one is somehow 'bullish' for your bank account.
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HairyMaclairy
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September 09, 2019, 11:26:19 PM

Actually, with a portfolio value at the start of just $332,346, he shouldn't be cashing out $66,469 in the first year, sequence of returns risk and all that. But then we don't know the situation of the hodler and might actually need the fiat.

What sort of approach would you suggest for someone who doesn’t need the money?
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September 09, 2019, 11:29:27 PM
Last edit: September 09, 2019, 11:44:55 PM by realr0ach

What sort of approach would you suggest for someone who doesn’t need the money?

If you don't need to generate new money, then obviously your goal is to safeguard what you already have by exiting the speculative casino to the base of Exter's Pyramid - physical metals.  Which, ironically, will likely be a large money maker in itself due to all the fake assets in the casino imploding and transferring their artificial, phantom purchasing power back to where it belongs.  

In the future, the only thing that will serve as collateral for anything will be physical gold and silver, land, houses, your car title, a business, and a handful of other real world objects.  For anyone that claims an imaginary, valueless timestamp that doesn't even exist called Bitcoin will ever serve as a valid form of collateral for anything, I have a bridge to Mars to sell you.
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September 10, 2019, 12:13:07 AM
Merited by JayJuanGee (1)


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... wall of text removed for your viewing pleasure...
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Sell Price    BTC balance    BTCSell Amt  Pfolio$Value soldValue   soldTotal
$47,478.00   7.00000000      0.00000000   $332,346.00   $0.00           $0.00
$47,478.00   7.00000000      1.40000000   $332,346.00   $66,469.20   $66,469.20
$56,973.60   5.60000000      1.12000000   $319,052.16   $63,810.43   $130,279.63
$68,368.32   4.48000000      0.89600000   $306,290.07   $61,258.01   $191,537.65
$82,041.98   3.58400000      0.71680000   $294,038.47   $58,807.69   $250,345.34
$98,450.38   2.86720000      0.57344000   $282,276.93   $56,455.39   $306,800.73
$118,140.46   2.29376000      0.45875200   $270,985.85   $54,197.17   $360,997.90
$141,768.55   1.83500800      0.36700160   $260,146.42   $52,029.28   $413,027.18
$170,122.26   1.46800640      0.29360128   $249,740.56   $49,948.11   $462,975.29
$204,146.71   1.17440512      0.23488102   $239,750.94   $47,950.19   $510,925.48
$244,976.05   0.93952410      0.18790482   $230,160.90   $46,032.18   $556,957.66
$293,971.26   0.75161928      0.15032386   $220,954.47   $44,190.89   $601,148.56
$352,765.51   0.60129542      0.12025908   $212,116.29   $42,423.26   $643,571.81
$423,318.62   0.48103634      0.09620727   $203,631.64   $40,726.33   $684,298.14
$507,982.34   0.38482907      0.07696581   $195,486.37   $39,097.27   $723,395.42
$609,578.81   0.30786326      0.06157265   $187,666.92   $37,533.38   $760,928.80
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...this space for rent...
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nah mate, you are doing it wrong... A real HODLER sells 7 BTC at $609,578.81 for a nice stack of $ 4,267,051.6 (fresh printed bills) and starts livin´ la vida loca.

Just kidding.. thats a very smart cash out program, and i should do that the next bullrun.
I´m living on ramen and noodles for being a HODLER since 2017...




The above would be similar to what I have in mind as a BTC speculator.  Note term "speculator", that is what JJG and _javi_ are advocating.  And there's nothing wrong with that, I too am speculating with BTC.  Again, the above is similar to my own plans.

But, do note that all three of us are planning to SELL BTC.  And, presumably, BUY something else.  And what to buy...?  I know what I want.......

But, of course, owning BTC also has a tremendous advantage that we all know about but rarely discuss: mobility.  So, however high BTC rises, I will keep some around for the freedom of movement it would support.

[Edited for clarity]

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September 10, 2019, 12:25:57 AM

What sort of approach would you suggest for someone who doesn’t need the money?

If you don't need to generate new money, then obviously your goal is to safeguard what you already have by exiting the speculative casino to the base of Exter's Pyramid - physical metals.  Which, ironically, will likely be a large money maker in itself due to all the fake assets in the casino imploding and transferring their artificial, phantom purchasing power back to where it belongs.  

In the future, the only thing that will serve as collateral for anything will be physical gold and silver, land, houses, your car title, a business, and a handful of other real world objects.  For anyone that claims an imaginary, valueless timestamp that doesn't even exist called Bitcoin will ever serve as a valid form of collateral for anything, I have a bridge to Mars to sell you.

roach powder will be in high demand in the end times?  Cool  hodl!
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September 10, 2019, 12:31:08 AM

Hey jbreher how would you spin EDA and bcash and BSv's current difficulty adjustment algos? what version did that come in?
people are may be ignored talking about Bcash.

SCAM: Bitcoin SV (BSV) - fake team member and plagiarized white paper
https://bitcointalk.org/index.php?topic=5149062.0
Negotiation
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September 10, 2019, 12:36:06 AM

Bitcoin rockets to $2250 premium in Argentina after President Macri imposes capital controls  #bitcoin


source: https://twitter.com/tokentalkco/status/1171107136148869127
realr0ach
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September 10, 2019, 01:06:57 AM
Last edit: September 10, 2019, 01:37:39 AM by realr0ach

One thing I find funny about the left wing extremists in this thread such as Harry McLarry, they don't talk about any legitimate issues concerning monetary policy and regulation.  For instance, one of the most egregious problems I can think of (outside of typical Jewish usury scams, central banking, and fiat currencies) is the fact Blackstone private equity group owns 100,000 houses in America with the sole intent of attempting to operate as slumlords and fleece the population.

If the only reason people consent to having any type of government at all is because it would serve the general good of the population instead of everyone murdering each other in the streets, there's absolutely no chance in hell the general population would consent to institutionalize the existence of planetary scale slumlord operations and have their operations supported by the legal system and police.  If Blackstone can own 100,000 houses, why not a million? Why not all of them?  Then everyone in the country is required to pay rent to Blackstone just to exist.  Even at the 100k number, it probably largely contributes to driving up housing prices to irrational levels.

If the price of housing starts to collapse turning their 'investment' into a grenade, they probably have enough money and influence to just buy off the politicians and CB's themselves and get them to do QE or bailouts to prevent it from happening.  For anyone that claims people portraying economic doomsday scenarios are irrationally bearish, it's situations like this that make complete collapse inevitable and the only way possible to remove all the graft, corruption, and rentier parasites.
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September 10, 2019, 01:18:20 AM

One thing I find funny about the left wing extremists in this thread such as Harry McLarry, they don't talk about any legitimate issues concerning monetary policy and regulation.  For instance, one of the most egregious problems I can think of (outside of typical Jewish usury scams, central banking, and fiat currencies) is the fact Blackstone private equity group owns 100,000 houses in America with the sole intent of attempting to try and operate as slumlords and fleece the population.
It is true that you have the right to total disclosure, but they should not be such that all the facts may put others in trouble. like don't like everything it is natural factor other hand world wide running bad politics It's better not to talk about something else here.
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September 10, 2019, 01:20:22 AM

Danhel knows who Satoshi is.

Mmm Hmm. Mmmm Hmmm.

And you know this ... how?
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September 10, 2019, 01:24:13 AM
Merited by mindrust (1)

In this they show:


source:https://cointelegraph.com/news/study-blockchain-in-healthcare-market-to-surpass-16-billion-by-2025

and they say that progress is being made.

All they have to do is approve, because Bitcoin will go up at any time, we have a touch of being radically bullish and the train is going to go ...
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September 10, 2019, 01:24:43 AM

Danhel knows who Satoshi is.

Mmm Hmm. Mmmm Hmmm.

And you know this ... how?

You can determine who Satoshi is by simple process of deduction:

There are three very inconvenient facts about Bitcoin.  

1)  The first is that it's initial mining was provably done in an edu/govt computer lab.  

2)  The second is that most inventions (or in the case of Bitcoin - designed to centralize scheme) through history don't have white papers.  The fact Bitcoin has a white paper at all tells you it originated from someone indoctrinated into the rigamarole of begging for govt/edu grant money and recognition in post grad studies.  Since Bitcoin obviously did not originate from the private sector, and it's mining was first turned on in an edu or govt computer lab, it would need to originate from someone still in some type of higher education function or post grad studies at an edu, or the govt itself.

3)  By process of deduction, we can most likely assume it did not originate from an edu or there would be people actually talking about it...and there's not.  What does that leave?  Government origin with it's creation classified.
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September 10, 2019, 01:37:35 AM

If jbreher uses his intelligence to deceive people

Not at all. At least never intentionally.

Quote
or to to get caught in stupid-ass technical arguments

I guess it takes a self-described technical ignoramus to openly refer to technical arguments as 'stupid-ass'.

you have a significantly large amount of misleading and misinformation in your posts

You are wrong. There is no such thing as factual information that is misleading or misinforming. I present facts, and leave the editorializing to a minimum. Any mis- is in your misattribution of ulterior motive to my actions, which causes you to invent things in my writings that are not there.


I guess the courts must have it wrong when they ask witnesses to tell the whole truth.  

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Do you solemnly (swear/affirm) that you will tell the truth, the whole truth, and nothing but the truth, (so help you God/under pains and penalties of perjury)?

No. You misunderstand the term 'the whole truth' as used by the courts. If 'the whole truth' were synonymous with 'all the truth of which you are aware', then any court would bog down at the first question posed to the first witness in the first case they try, never ever never to get to the next case.

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That’s your problem. You tell the selective, partial truth all the time,

You know what? Everyone tells selected partial truth every time they make any claim of factuality. And that's not my problem, that's your problem.

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mixed with your opinion and supposition.  

I do occasionally editorialize. At which point, I insert the appropriate verbiage to indicate that I have transitioned from fact to opinion. Unless it is so bleedingly obvious that it is clearly superfluous.

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It is deliberately misleading.  

Bullshit.

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You hide behind technical arguments

Says the whiner who was obliterated in our last technical exchange because you introduced supporting evidence that was completely counter to your position, blissfully ignorant that it actually buttressed mine.

Just so I understand your position - how exactly does one hide behind a technical argument?

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which rely on narrow, outdated definitions.  

Technical discussions invariably rely on narrow definitions. As for "outdated", you'd need to give me examples to know of what it is that you are speaking.

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And then you get angry when you are called out. 

I don't get angry, I reply.
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September 10, 2019, 01:45:18 AM

The main issue that Jbreher "lies" about is the fact Bitcoin is virtually useless via on-chain scaling.  But on-chain scaling with 8 MB blocks that has some small amount of potential utility and ability to fool people into believing Bitcoin is decentralized when it's not is still better than the Lightning Network, which is a wholesale, permissioned ledger, exact replication of the already existing banking system.  

Why would an exact replica of the already existing banking system have any value at all?  Hell, it's even worse than the already existing banking system because it abolishes cash and puts you in a dystopian system where everything you do is tracked and monitored in real-time.  Anyway, none of this stuff is even worth talking about because it's all complete garbage compared to physical metals.  You clowns are just arguing the equivalent of whether a barbwire or radioactive toothbrush would be better.
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September 10, 2019, 01:49:18 AM

wtf these new planes have jet engines, and cars have airbags?!?! But but none of this was in the original design!!!

OMG - but still TCP/IP ,  smtp, SWIFT, FIX  have not built in smart contracts - or did I miss u mix apples and crap?

Congrats you managed to fail on all levels, this is truly an accomplishment you should be proud of yourself

TCP/IP - https://en.wikipedia.org/wiki/IPv6
smtp - https://en.wikipedia.org/wiki/Extended_SMTP
SWIFT - https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_Telecommunication#SWIFTNet_Phase_2
FIX - https://en.wikipedia.org/wiki/FAST_protocol

Ha. Haha. Hahahahahhaaa. I should let this one go, but this is just too funny. Call me weak, I don't care.

I am intimately familiar with the contents of the underlying documents which officially define half of those protocols. I'm quite sure that neither rfc791, nor rfc793 nor rfc2460 nor rfc5321 nor any of their subsequent amplifications or revisions say doodly-squat about smart contracts.

But then again, I'm always up for learning something new. Where in each of those standards is the smart contract funcitonality hidden? Hmmmm?

You should be proud of yourself indeed. IOW, You managed to fail on all levels.
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September 10, 2019, 01:51:11 AM

DaRude is MatTheCat's boyfriend.  Set your expectations low.  Maybe one increment above JayJuanGee should suffice.
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September 10, 2019, 02:05:10 AM

Speaking of MatTheCat and DaRude, I went to the grocery store earlier and there was like a 6'6 280 pound linebacker black male posing as transgender female.  I don't really understand how people can be so insane to think trying to pass as female while being both enormous and ugly is somehow a good idea.  It's already bad enough women over say 140 pounds exist.  Since nobody likes those already, why not just double up to 280 pounds AND transgender to really bring the pain?

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September 10, 2019, 02:22:51 AM

Hey jbreher how would you spin EDA and bcash and BSv's current difficulty adjustment algos? what version did that come in?

Well, there's really no way to spin that. That's a change indeed.

Of course, SV is the project where the majority of vocal participants are stating a desire to return to the 0.1 protocol. So if this will come to pass, that will be rolled back. Of course there is no guarantee of future developments.

Meantime, that is a legitimate claim to a protocol change.
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September 10, 2019, 02:42:53 AM

redacted
It is true that you have the right to total disclosure, but they should not be such that all the facts may put others in trouble. like don't like everything it is natural factor other hand world wide running bad politics It's better not to talk about something else here.


quote the r0ach, get ignored
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September 10, 2019, 02:50:04 AM
Last edit: September 10, 2019, 03:12:39 AM by realr0ach

quote the r0ach, get ignored

Wouldn't far left extremists ignoring all the normal people and isolating themselves into their own safe space containment bubble just be doing everyone a favor?  Are you threatening to do people a favor?  I'm pretty sure this destined to fail shitlib tactic died around 2016 or so since nobody actually cares what shitlibs think or do.  We must stop the evil, white Nazis from building functional civilizations!

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