Bitcoin Forum
June 06, 2023, 02:32:47 AM *
News: Latest Bitcoin Core release: 25.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When will we see a new ATH?
2023 - 56 (21.5%)
2024 - 105 (40.2%)
2025 - 75 (28.7%)
2026 - 4 (1.5%)
2027 - 2 (0.8%)
After 2027 - 5 (1.9%)
Never - 14 (5.4%)
Total Voters: 261

Pages: « 1 ... 25457 25458 25459 25460 25461 25462 25463 25464 25465 25466 25467 25468 25469 25470 25471 25472 25473 25474 25475 25476 25477 25478 25479 25480 25481 25482 25483 25484 25485 25486 25487 25488 25489 25490 25491 25492 25493 25494 25495 25496 25497 25498 25499 25500 25501 25502 25503 25504 25505 25506 [25507] 25508 25509 25510 25511 25512 25513 25514 25515 25516 25517 25518 25519 25520 25521 25522 25523 25524 25525 25526 25527 25528 25529 25530 25531 25532 25533 25534 25535 25536 25537 25538 25539 25540 25541 25542 25543 25544 25545 25546 25547 25548 25549 25550 25551 25552 25553 25554 25555 25556 25557 ... 32289 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26119290 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. (170 posts by 5 users with 9 merit deleted.)
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
December 25, 2019, 08:30:35 PM
Merited by fillippone (1)

1686018767
Hero Member
*
Offline Offline

Posts: 1686018767

View Profile Personal Message (Offline)

Ignore
1686018767
Reply with quote  #2

1686018767
Report to moderator
1686018767
Hero Member
*
Offline Offline

Posts: 1686018767

View Profile Personal Message (Offline)

Ignore
1686018767
Reply with quote  #2

1686018767
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1686018767
Hero Member
*
Offline Offline

Posts: 1686018767

View Profile Personal Message (Offline)

Ignore
1686018767
Reply with quote  #2

1686018767
Report to moderator
Arriemoller
Legendary
*
Offline Offline

Activity: 2254
Merit: 1748


Cлaвa Укpaїнi!


View Profile
December 25, 2019, 09:09:55 PM


"The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more." -- Satoshi Nakamoto

Yeah, right, show me any currency that "gravitate toward the production cost".

A currency is generally backed by a police force and an army, so it doesn't match the definition for a commodity.

The bolivar disagrees.

And it's approaching its production cost indeed.

Pretty sure it's way below it's production cost. 
STT
Legendary
*
Offline Offline

Activity: 3570
Merit: 1366


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
December 25, 2019, 10:07:07 PM
Last edit: December 25, 2019, 10:19:44 PM by STT
Merited by fillippone (2), Last of the V8s (1)

The bolivar disagrees.

If we measured the total monetary base not the exchange rate or value per note and also included just how poorly backed the value is by any economic activity or future trend in productivity it might be clear they back their paper by military force.    I think USSR had similar problems, on open pricing or black market real money used was dollars or other alternatives but in theory their ruble had giant worth while backed by bullets.   I doubt its very effective beyond the range of their guns (opposite to BTC no force to back but somehow global) ; it shouldn't exist beyond wallpaper at this point so its kinda impressive.    Instead of pinning a banana to a wall they should cover the arthouse wall in the failed paper of totalitarian regimes.


2018 pricing, flashback for christmas.  Quite often closing weekly price was 7300,   Its entirely messy but to me I think there is relevance in contrast, I took it from old bitcoinwisdom which stumbles on somehow like the Mary Celeste and it gives the live price..


Xmas pricing, UTC.  Highs are 2 day average, lows are previous trend top since July
d_eddie
Legendary
*
Offline Offline

Activity: 2142
Merit: 2361



View Profile
December 26, 2019, 12:34:53 AM
Merited by HI-TEC99 (1)



Even after pimping up - or vandalising in your own words - the place can't beat some of your earlier buen retiro locations.



LUCKMCFLY
Legendary
*
Offline Offline

Activity: 2072
Merit: 1800


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
December 26, 2019, 01:07:51 AM
Merited by fillippone (1)

Less and less for halving ..

Quote
Were these halvings priced in?


Source: https://twitter.com/Bitcoin/status/1209521632261398528
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3007


Welt Am Draht


View Profile
December 26, 2019, 01:30:32 AM

Even after pimping up - or vandalising in your own words - the place can't beat some of your earlier buen retiro locations.

Hey, it's the season of goodwill to all whatevers so I deserve a bit of luxury.

I have some truly heartbreaking holiday destinations lined up for next year. You'll be the first to know.
sirazimuth
Legendary
*
Offline Offline

Activity: 3024
Merit: 2887


born once atheist


View Profile
December 26, 2019, 01:49:49 AM
Last edit: December 26, 2019, 02:10:39 AM by sirazimuth

Nothing worse than sitting around the xmas dinner table with the in-laws and having nothing to chat about where everyone is either dis-interested or bored with the conversation.
(ground rules...no devices allowed...understood?)
Oh dear ...what a sterile affair.
Hmmm..... should I bring up bitcoin?...definitely not... big no-no amongst no coiners. (amongst anyone for that matter, unless they bring it up 1st)
OK, how about what's new at work? Fuhgeddaboudit...CNC talk amongst normal folk?  BORING.
Ah.... how about talking about the kids?.... Naaaah, no new parents here so that's all "been there, done that, got the teeshirt" stuff.

Hmmm..... lets see... I got cats...in-laws are doggie people...Ahha, I got it...how about PET TALK...   BINGO.

Cat stories ,doggie stories, drinking wine and laughs...all good.   LOL, Merry Xmas...

it was a fanny

Um...could you elaborate? Something went whoosh...
HI-TEC99
Legendary
*
Online Online

Activity: 2716
Merit: 2663



View Profile
December 26, 2019, 02:12:26 AM

Nothing worse than sitting around the xmas dinner table with the in laws and having nothing to chat about where everyone is either dis-interested or bored with the conversation.
(ground rules...no devices allowed...understood?)
Oh dear ...what a sterile affair.
Hmmm..... should I bring up bitcoin?...definitely not... big no-no amongst no coiners. (amongst anyone for that matter, unless they bring it up 1st)
OK, how about what's new at work? Fuhgeddaboudit...CNC talk amongst normal folk?  BORING.
Ah.... how about talking about the kids?.... Naaaah, no new parents here so that's all "been there, done that, got the teeshirt" stuff.

Hmmm..... lets see... I got cats...in-laws are doggie people...Ahha, I got it...how about PET TALK...   BINGO.

Cat stories ,doggie stories, drinking wine and laughs...all good.   LOL, Merry Xmas...

Next year you could tell her side of the family you are spending Christmas with your side of the family, then tell your side of the family you are spending Christmas with her side of the family.

That way you wouldn't have to struggle to find a topic of conversation suitable for the family xmas dinner table.
jojo69
Legendary
*
Offline Offline

Activity: 2842
Merit: 3979


1/21000000 , the only math you need to know


View Profile
December 26, 2019, 02:24:07 AM
Merited by vapourminer (1)

Heartfelt eulogy to Chuck Peddle, father of the 6502, up on Hackaday today is well worth a read.

https://hackaday.com/2019/12/25/honoring-chuck-peddle-father-of-the-6502-and-the-chips-that-went-with-it/

If you are into this, do not neglect the comments.
HI-TEC99
Legendary
*
Online Online

Activity: 2716
Merit: 2663



View Profile
December 26, 2019, 02:26:26 AM

Even after pimping up - or vandalising in your own words - the place can't beat some of your earlier buen retiro locations.

Hey, it's the season of goodwill to all whatevers so I deserve a bit of luxury.

I have some truly heartbreaking holiday destinations lined up for next year. You'll be the first to know.

How about a holiday park in Blackpool next year?

gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3007


Welt Am Draht


View Profile
December 26, 2019, 02:35:08 AM

How about a holiday park in Blackpool next year?

Amateur hour.

Brean Pontins is where I'm headed - https://www.tripadvisor.co.uk/ShowUserReviews-g666384-d664583-r734218527-Pontins_Brean_Sands_Holiday_Park-Burnham_On_Sea_Somerset_England.html
HI-TEC99
Legendary
*
Online Online

Activity: 2716
Merit: 2663



View Profile
December 26, 2019, 02:41:01 AM


Reminds me of a unisex public toilet I once used. There was period blood on the seat, and the floor was covered in poo and urine.
sirazimuth
Legendary
*
Offline Offline

Activity: 3024
Merit: 2887


born once atheist


View Profile
December 26, 2019, 03:06:24 AM


Review reads like it was written by a lager lout after he got kicked out ten pints later, for getting utterly pissed up and disorderly.....just sayin...
xhomerx10
Legendary
*
Offline Offline

Activity: 3500
Merit: 6349



View Profile
December 26, 2019, 03:20:07 AM


Reminds me of a unisex public toilet I once used. There was period blood on the seat, and the floor was covered in poo and urine.

 Sounds like it was from the Dada and Surrealism period; possibly a Salvador Dalí.  Tell me, did it look like this:

?
HI-TEC99
Legendary
*
Online Online

Activity: 2716
Merit: 2663



View Profile
December 26, 2019, 03:31:08 AM


Reminds me of a unisex public toilet I once used. There was period blood on the seat, and the floor was covered in poo and urine.

 Sounds like it was from the Dada and Surrealism period; possibly a Salvador Dalí.  Tell me, did it look like this:

?


Yes.

They should have sold it for the same price the banana taped to the wall went for.
Icygreen
Legendary
*
Offline Offline

Activity: 1464
Merit: 1135



View Profile
December 26, 2019, 04:34:58 AM

Nothing worse than sitting around the xmas dinner table with the in-laws and having nothing to chat about where everyone is either dis-interested or bored with the conversation.
(ground rules...no devices allowed...understood?)
Oh dear ...what a sterile affair.
Hmmm..... should I bring up bitcoin?...definitely not... big no-no amongst no coiners. (amongst anyone for that matter, unless they bring it up 1st)
OK, how about what's new at work? Fuhgeddaboudit...CNC talk amongst normal folk?  BORING.
Ah.... how about talking about the kids?.... Naaaah, no new parents here so that's all "been there, done that, got the teeshirt" stuff.

Hmmm..... lets see... I got cats...in-laws are doggie people...Ahha, I got it...how about PET TALK...   BINGO.

Cat stories ,doggie stories, drinking wine and laughs...all good.   LOL, Merry Xmas...

it was a fanny

Um...could you elaborate? Something went whoosh...

I've found the best avoidance to this scenario is a planned vacation far away from everyone over the holidays. Just simply call the ones you need to on Christmas and claim you'd like to be there but distance and such. Has worked out really well for me the past decade plus more meaningful conversations tend to happen over the phone.
If that's not an option, there's always drugs.  Wink
akhjob
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 416


Buy Bitcoin


View Profile WWW
December 26, 2019, 04:55:07 AM

This makes perfect sense. Shillers not disclosing the compensation they received for promoting Shitcoins.

Quote
I'm guessing the YouTube crypto crackdown has to do with potential violations of Securities Act § 17(b), the "anti-touting" provision, which requires promoters of securities to disclose any compensation they received for their promotion. I'm surprised it took this long, honestly.
source: https://twitter.com/jchervinsky/status/1209956911547736064
realr0ach
Sr. Member
****
Offline Offline

Activity: 924
Merit: 311


#TheGoyimKnow


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

The bolivar disagrees.

And it's approaching its production cost indeed.

Pretty sure it's way below it's production cost.  

The value of a currency is zero because it's not a real resource or commodity.  If you were valuing the paper itself as a commodity, the cost of a sheet of paper is supposedly six cents (sounds high but what people claim). You could fit like 4 bills on a sheet of paper, so it would be more like 1.5 cents per bill.  They use more expensive materials for currency, so that would raise the commodity value of a Bolivar back up to like 3-5 cents or something.  

The problem is that valuing the paper as a commodity doesn't work since it's not blank and already has something written on it, so it's commodity value is back to zero again, or recycle value at best.  In that case, you're better off using literal white sheets of blank paper as money since it has a higher value.  But the Bolivar could still technically be used at recycle value too.  What's the true valuation of a Bitcoin as denominated by it's recycle value?...zero.
VB1001
Legendary
*
Offline Offline

Activity: 938
Merit: 2530


<<CypherPunkCat>>


View Profile WWW
December 26, 2019, 07:41:25 AM
Last edit: December 26, 2019, 08:01:32 AM by VB1001
Merited by fillippone (2)



Good morning WO,s

Too bad they have not developed more ingenuity in the ad..., at night, some snow and Christmas lights, this gif would be very beautiful.

edit:

Although it's 2015 I had never seen it, the full video is better than the gif:

https://www.youtube.com/watch?v=RDZu04v7_hc
fillippone
Legendary
*
pizza
Online Online

Activity: 1820
Merit: 12845


Merit Rascal - Pizza Maker - Golden Feather 2022


View Profile
December 26, 2019, 08:36:52 AM
Merited by JayJuanGee (1), mindrust (1), VB1001 (1)

Difference is not irrelevant:

Pages: « 1 ... 25457 25458 25459 25460 25461 25462 25463 25464 25465 25466 25467 25468 25469 25470 25471 25472 25473 25474 25475 25476 25477 25478 25479 25480 25481 25482 25483 25484 25485 25486 25487 25488 25489 25490 25491 25492 25493 25494 25495 25496 25497 25498 25499 25500 25501 25502 25503 25504 25505 25506 [25507] 25508 25509 25510 25511 25512 25513 25514 25515 25516 25517 25518 25519 25520 25521 25522 25523 25524 25525 25526 25527 25528 25529 25530 25531 25532 25533 25534 25535 25536 25537 25538 25539 25540 25541 25542 25543 25544 25545 25546 25547 25548 25549 25550 25551 25552 25553 25554 25555 25556 25557 ... 32289 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!