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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26387199 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. (174 posts by 3 users with 9 merit deleted.)
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
October 04, 2020, 09:02:50 PM

fillippone
Legendary
*
Online Online

Activity: 2170
Merit: 15572


Fully fledged Merit Cycler - Golden Feather 22-23


View Profile WWW
October 04, 2020, 09:10:40 PM
Last edit: April 13, 2024, 07:43:36 PM by fillippone
Merited by BobLawblaw (5), vapourminer (3), El duderino_ (3), LFC_Bitcoin (2), JayJuanGee (1), criptix (1), VB1001 (1)

While Elwar is embarking is some new adventure, here your old fellow Fillippone is still at old things!

Wall Observer Meta Post!


This is a Monthly post, so it will consider the merits sent during the month of September.
Consequently I had to wait for the last merit dump, that included the last day of the month.

Merit analysis based on @LoyceV merit file: http://loyce.club/Merit/merit.all.txt
Merit updated to September, 30th, 2020 23:59:59 UTC

Total merits sent on WO:     55,9996
Monthly Merits sent on WO: 1,662 (-661 vs previous month)
Merited Users: 752 (+3 vs previous month)
Meriter Users: 597 (+9 vs previous month)

WO Merits to be in the top 100: 80 (+1 vs previous month)

First Time Merited Users on the WO:

Code:
1.Xinarae*                   6
2.~Money~                    3
3.oprahwindfury              1
4.megadeth                   1
5.icopress                   1
6.Eureka_07                  1
7.Capanatlax                 1
8.Barbut                     1
Welcome on the thread chaps!

After the very good month of August, September was a little bit lazier! Don't worry Gang, 1BTC is still 1 BTC!
We have more users! This is good.

On top of the chart @Last of the V8's and @El Duderino_ keep battling for top position! The merit race is very tight and so we have once again a new King of the hill! Once Again @Last of the V8's took the top for only 1 (one!) merit!

@El Duderino_ extended his lead on the equally important chart of most generous senders, topping the monthly chart. I think he had quite of a backlog and the flattened the gas this month! I think it's clear also from the negative balance chart: @El Duderino beated his last month's fresh record with another impressive stamp!

WO is still the place to be!


TOP 100 WO MERIT RECEIVERS:
Code:
1.Last of the V8s         3007
2.El duderino_            3006
3.xhomerx10               1952
4.LFC_Bitcoin             1929
5.JayJuanGee              1713
6.Toxic2040               1697
7.HairyMaclairy           1641
8.VB1001                  1442
9.jojo69                  1401
10.BobLawblaw             1306
11.infofront              1048
12.Paashaas                998
13.AlcoHoDL                895
14.d_eddie                 869
15.fillippone              853
16.JimboToronto            823
17.bitserve                814
18.JSRAW                   773
19.Torque                  771
20.cAPSLOCK                681
21.mindrust                655
22.gentlemand              644
23.ivomm                   643
24.Globb0                  641
25.Icygreen                630
26.Lambie Slayer           601
27.Elwar                   590
28.nutildah                568
29.bitebits                550
30.Hueristic               546
31.Biodom                  537
32.Phil_S                  515
33.Raja_MBZ                497
34.marcus_of_augustus      473
35.lightfoot               470
36.kurious                 463
37.jbreher                 423
38.Cryptotourist           422
39.600watt                 404
40.vapourminer             394
41.LUCKMCFLY               390
42.goldkingcoiner          372
43.kenzawak                342
44.Arriemoller             334
45.Pamoldar                327
46.mfort312                302
47.serveria.com            293
48.bkbirge                 292
49.sirazimuth              277
50.BTCMILLIONAIRE          275
51.Ibian                   266
52.Wekkel                  257
53.strawbs                 247
54.bitcoinPsycho           247
55.vroom                   246
56.bones261                232
57.Rosewater Foundation    231
58.OutOfMemory             230
59.DaRude                  218
60.realr0ach               207
61.TERA2                   194
62.psycodad                190
63.kingcolex               189
64.yefi                    186
65.Gyrsur                  185
66.Dabs                    184
67.Kylapoiss               181
68.Bitcoinaire             173
69.rdbase                  172
70.Searing                 172
71.somac.                  172
72.makrospex               171
73.SuperTA                 162
74.Spaceman_Spiff_Original 156
75.dragonvslinux           154
76.HI-TEC99                147
77.P_Shep                  142
78.StartupAnalyst          135
79.toknormal               132
80.nullius                 125
81.Karartma1               124
82.rolling                 121
83.Anon136                 121
84.STT                     120
85.Cryptoqueeen            116
86.Krubster                115
87.Dunkelheit667           110
88.BlindMayorBitcorn       107
89.BinaryReign             107
90.kirreev070              107
91.philipma1957            101
92.explorer                101
93.Majormax                 99
94.DeathAngel               97
95.machasm                  91
96.erre                     88
97.suchmoon                 84
98.theymos                  84
99.Olegya199                81
100.BitcoinNewsMagazine     80



TOP 100 WO MERIT SENDERS:

Code:
1.El duderino_            5912
2.JayJuanGee              5646
3.BobLawblaw              3407
4.LFC_Bitcoin             2691
5.vapourminer             1769
6.infofront               1467
7.bones261                1431
8.Last of the V8s         1398
9.Globb0                  1359
10.marcus_of_augustus     1141
11.xhomerx10              1079
12.mindrust               1017
13.jbreher                 937
14.600watt                 910
15.fillippone              886
16.cAPSLOCK                865
17.Toxic2040               801
18.Hueristic               775
19.HairyMaclairy           773
20.jojo69                  729
21.suchmoon                710
22.VB1001                  688
23.Paashaas                671
24.nutildah                614
25.Torque                  522
26.JimboToronto            460
27.Dabs                    449
28.d_eddie                 446
29.AlcoHoDL                425
30.bitserve                416
31.bitebits                408
32.kurious                 357
33.Icygreen                345
34.gentlemand              340
35.QuestionAuthority       311
36.Lambie Slayer           295
37.ivomm                   295
38.yefi                    287
39.JSRAW                   283
40.sirazimuth              279
41.Raja_MBZ                279
42.lightfoot               276
43.Ibian                   267
44.Wekkel                  262
45.Biodom                  261
46.Karartma1               229
47.Cryptotourist           226
48.Dunkelheit667           217
49.BlindMayorBitcorn       209
50.ErisDiscordia           206
51.Pamoldar                205
52.Gyrsur                  200
53.Arriemoller             199
54.kenzawak                191
55.Phil_S                  183
56.RoomBot                 179
57.goldkingcoiner          166
58.LUCKMCFLY               154
59.P_Shep                  154
60.explorer                154
61.ssmc2                   152
62.Majormax                151
63.bkbirge                 151
64.mfort312                150
65.DaRude                  142
66.serveria.com            140
67.rdbase                  135
68.Searing                 135
69.kingcolex               135
70.BTCMILLIONAIRE          131
71.bitcoinPsycho           128
72.vroom                   124
73.makrospex               122
74.DeathAngel              119
75.psycodad                116
76.philipma1957            116
77.edgar                   115
78.LoyceV                  112
79.OutOfMemory             111
80.Rosewater Foundation    109
81.PoolMinor               108
82.xyzzy099                107
83.soullyG                 102
84.Elwar                   102
85.julian071                96
86.OROBTC                   91
87.tonyq                    87
88.strawbs                  86
89.Bitcoinaire              84
90.Kylapoiss                82
91.conspirosphere.tk        82
92.somac.                   81
93.criptix                  80
94.rolling                  79
95.RayX12                   73
96.HI-TEC99                 73
97.SuperTA                  66
98.Wilhelm                  64
99.Totscha                  62
100.StartupAnalyst          62
                        
                            
TOP 100 MONTHLY WO RECEIVERS:

Code:
1.strawbs                  114
2.AlcoHoDL                 113
3.VB1001                    95
4.nullius                   89
5.Last of the V8s           87
6.JayJuanGee                85
7.LFC_Bitcoin               74
8.El duderino_              67
9.ivomm                     66
10.Toxic2040                64
11.BobLawblaw               64
12.Paashaas                 61
13.600watt                  60
14.Torque                   52
15.Cryptotourist            50
16.cAPSLOCK                 48
17.gappie                   43
18.JSRAW                    38
19.Phil_S                   37
20.bitebits                 36
21.kurious                  32
22.jojo69                   31
23.Hueristic                30
24.psycodad                 28
25.OutOfMemory              27
26.Karartma1                27
27.xhomerx10                25
28.SwayStar123              24
29.philipma1957             23
30.nutildah                 21
31.JimboToronto             20
32.fillippone               19
33.vapourminer              18
34.bitserve                 17
35.Biodom                   17
36.d_eddie                  15
37.rolling                  15
38.Globb0                   14
39.goldkingcoiner           14
40.sirazimuth               12
41.proudhon                 12
42.infofront                11
43.Dunkelheit667            11
44.tranthidung              11
45.Elwar                    10
46.Dabs                     10
47.soullyG                   9
48.PoolMinor                 8
49.aesma                     8
50.bitmover                  8
51.Arriemoller               7
52.HI-TEC99                  7
53.explorer                  7
54.serveria.com              6
55.elrippos friend           6
56.Xinarae*                  6
57.jbreher                   5
58.P_Shep                    5
59.NeuroticFish              5
60.gallianooo                5
61.friends1980               5
62.Wexlike                   5
63.arcmetal                  5
64.marcus_of_augustus        4
65.lightfoot                 4
66.bitcoinPsycho             4
67.rdbase                    4
68.Sitarow                   4
69.Pamoldar                  3
70.DaRude                    3
71.suchmoon                  3
72.savetherainforest         3
73.cygan                     3
74.MFahad                    3
75.~Money~                   3
76.bkbirge                   2
77.vroom                     2
78.DeathAngel                2
79.machasm                   2
80.smartcomet                2
81.JL0                       2
82.FullNode                  2
83.Lucius                    2
84.qwizzie                   2
85.CryptoYar                 2
86.Richy_T                   2
87.Icygreen                  1
88.Lambie Slayer             1
89.LUCKMCFLY                 1
90.kingcolex                 1
91.yefi                      1
92.Kylapoiss                 1
93.somac.                    1
94.becoin                    1
95.criptix                   1
96.Indymoney                 1
97.btcbeliever               1
98.virasog                   1
99.noormcs5                  1
100.TheJuice                 1

           

TOP 100 MONTHLY WO SENDERS:

Code:
1.El duderino_             433
2.JayJuanGee               241
3.LFC_Bitcoin              141
4.BobLawblaw                91
5.600watt                   72
6.philipma1957              59
7.vapourminer               57
8.nutildah                  53
9.Hueristic                 47
10.AlcoHoDL                 45
11.Last of the V8s          39
12.Torque                   39
13.JimboToronto             39
14.Paashaas                 37
15.strawbs                  36
16.fillippone               33
17.Toxic2040                33
18.Cryptotourist            30
19.VB1001                   26
20.cAPSLOCK                 25
21.lightfoot                25
22.d_eddie                  22
23.nullius                  22
24.Karartma1                20
25.infofront                19
26.jojo69                   16
27.suchmoon                 16
28.Dabs                     16
29.gentlemand               16
30.ivomm                    16
31.Biodom                   14
32.OutOfMemory              14
33.xhomerx10                13
34.jbreher                  13
35.gappie                   13
36.acquafredda              13
37.JSRAW                    10
38.kurious                   9
39.Phil_S                    9
40.bitserve                  8
41.DaRude                    8
42.serveria.com              8
43.friends1980               7
44.Globb0                    6
45.sirazimuth                6
46.PoolMinor                 6
47.bitebits                  5
48.goldkingcoiner            5
49.HI-TEC99                  5
50.aesma                     5
51.savetherainforest         5
52.Icygreen                  4
53.OROBTC                    4
54.degxtra1                  4
55.arcmetal                  4
56.P_Shep                    3
57.bitcoinPsycho             3
58.psycodad                  3
59.soullyG                   3
60.julian071                 3
61.rolling                   3
62.machasm                   3
63.bitmover                  3
64.Xinarae*                  3
65.Febo                      3
66.Lambie Slayer             2
67.Pamoldar                  2
68.Arriemoller               2
69.LoyceV                    2
70.yefi                      1
71.Dunkelheit667             1
72.explorer                  1
73.ssmc2                     1
74.Searing                   1
75.xyzzy099                  1
76.Elwar                     1
77.somac.                    1
78.Totscha                   1
79.BinaryReign               1
80.smartcomet                1
81.NeuroticFish              1
82.John Abraham              1
83.HeRetiK                   1
84.Tash                      1
85.DdmrDdmr                  1
86.Paolo.Demidov             1
87.Lucius                    1
88.Poker Player              1
89.CryptoYar                 1
90.SwayStar123               1
91.maldini                   1
92.Leviathan.007             1
93.Vectra                    1
94.Philipma1957cellphone     1
95.THX 1138                  1
96.icopress                  1
97.Amel                      1

  
MONTHLY sMERITS BALANCE

Code:
SMerits Balance=Received Merits/2-Sent Merits

Positive Balance means an user has been increasing sMerits on the WO thread, while negative numbers means the users has sent more merits on WO than received.
Negative numbers are possible or because he has been generous this week because he has been greedy past weeks (so only temporary imbalance), or because he has hoarded sMerits on other threads spending them on WO thread, or because he's a merit source.

TOP 20 MONTHLY NET RECEIVERS
Code:
1.nullius                 22.5
2.VB1001                  21.5
3.strawbs                   21
4.ivomm                     17
5.bitebits                  13
6.AlcoHoDL                11.5
7.psycodad                  11
8.SwayStar123               11
9.Phil_S                   9.5
10.JSRAW                     9
11.gappie                  8.5
12.kurious                   7
13.tranthidung             5.5
14.Last of the V8s         4.5
15.rolling                 4.5
16.Dunkelheit667           4.5
17.Elwar                     4
18.elrippos friend           3
19.explorer                2.5
20.Wexlike                 2.5

TOP 20 MONTHLY WO NET SENDERS
Code:
1.El duderino_          -399.5
2.JayJuanGee            -198.5
3.LFC_Bitcoin             -104
4.BobLawblaw               -59
5.vapourminer              -48
6.philipma1957           -47.5
7.nutildah               -42.5
8.600watt                  -42
9.Hueristic                -32
10.JimboToronto            -29
11.fillippone            -23.5
12.lightfoot               -23
13.gentlemand              -16
14.d_eddie               -14.5
15.suchmoon              -14.5
16.infofront             -13.5
17.Torque                  -13
18.Dabs                    -11
19.jbreher               -10.5
20.Paashaas               -6.5
                 


TOP Merited Posts on WO this month:

   POSITION      POST      Merits      Author   
   1      https://bitcointalk.org/index.php?topic=178336.msg55052300#msg55052300      47       JSRAW   
   2      https://bitcointalk.org/index.php?topic=178336.msg55027518#msg55027518      26       philipma1957   
   3      https://bitcointalk.org/index.php?topic=178336.msg54977433#msg54977433      23       Last of the V8s   
   4      https://bitcointalk.org/index.php?topic=178336.msg54978194#msg54978194      22       Toxic2040   
   5      https://bitcointalk.org/index.php?topic=178336.msg55006093#msg55006093      19       D. Lerk   
   6      https://bitcointalk.org/index.php?topic=178336.msg54963476#msg54963476      16       AlcoHoDL   
   7      https://bitcointalk.org/index.php?topic=178336.msg54922219#msg54922219      15       JL0   
   8      https://bitcointalk.org/index.php?topic=178336.msg54974422#msg54974422      15       BobLawblaw   
   8      https://bitcointalk.org/index.php?topic=178336.msg54954408#msg54954408      15       DaRude   
   8      https://bitcointalk.org/index.php?topic=178336.msg54913312#msg54913312      15       d_eddie   
                                    
                                    

                                    

Still fixing glitches here and there, I am using this to get better at data management (errors are mine).
Thank you @LoyceV for the merits file.

EDIT: some quirks in the data due to "someone" deleting posts, once again. IT's now sorted, I think!
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October 04, 2020, 09:16:13 PM
Merited by El duderino_ (2), OROBTC (1)

^ Got yourself a vacant cruise ship (conveniently already registered in a tax haven)?

MS Satoshi
Oh yes, I bought a cruise ship
The Crypto Cruise Ship



Wow, are you serious? That's a bit bigger than a seastead. Is it this actual one that you are refitting to be bitcoin-oriented?


Sounds like an interesting venture, Elwar. Congrats! Any timeshare presentations we can attend to check it out for a few nights free?

Yep, that is a render of the actual ship we purchased (which we are not allowed to name) refitted with our logos.

245 meters long, 777 cabins.

Cabins starting at $25,000. The auction for the rooms starts November 5th.

https://ocean.builders/cruiseship

We'll be accepting bitcoin at all businesses on the ship.
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October 04, 2020, 09:19:47 PM

...

I was rereading part of Taleb's book Antifragile last night, and realized that Bitcoin would be a perfect investment for a Taleb-style Barbell Strategy (for investment holdings, BTC part of the high-risk-high-return end).  Rather than repeat what I wrote, here is the thread I started:

https://bitcointalk.org/index.php?topic=5279992.msg55315946#msg55315946
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October 04, 2020, 09:29:54 PM

^ Got yourself a vacant cruise ship (conveniently already registered in a tax haven)?

MS Satoshi
Oh yes, I bought a cruise ship
The Crypto Cruise Ship



Wow, are you serious? That's a bit bigger than a seastead. Is it this actual one that you are refitting to be bitcoin-oriented?


Sounds like an interesting venture, Elwar. Congrats! Any timeshare presentations we can attend to check it out for a few nights free?

Yep, that is a render of the actual ship we purchased (which we are not allowed to name) refitted with our logos.

245 meters long, 777 cabins.

Cabins starting at $25,000. The auction for the rooms starts November 5th.

https://ocean.builders/cruiseship

We'll be accepting bitcoin at all businesses on the ship.


holy fuck, that is impressive. almost as big as the titanic.

wishing you luck.  Smiley

xhomerx10
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October 04, 2020, 09:32:03 PM

^ Got yourself a vacant cruise ship (conveniently already registered in a tax haven)?

MS Satoshi
Oh yes, I bought a cruise ship
The Crypto Cruise Ship



 Wow!  That's not even something I ever would have imagined.  Congratulations!
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October 04, 2020, 10:20:37 PM

^ Got yourself a vacant cruise ship (conveniently already registered in a tax haven)?

MS Satoshi
Oh yes, I bought a cruise ship
The Crypto Cruise Ship



Wow, are you serious? That's a bit bigger than a seastead. Is it this actual one that you are refitting to be bitcoin-oriented?



Sounds like an interesting venture, Elwar. Congrats! Any timeshare presentations we can attend to check it out for a few nights free?

 Yeah! Any vouch shares?
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October 04, 2020, 10:22:30 PM
Merited by 600watt (1)

Who appointed the United States and its institutions to supervise Bitcoin?

N.b. that I myself despise financial speculation in principle.  I think that in a perfect world, there would be no significant financial speculation at all.  If I find myself in the unusual position of defending that sort of activity, then that may be a sign that you have stepped into the zone of HANDS OFF MY BITCOIN and AMERICA IS NOT THE GODDAMN WORLD POLICE—AMERICA IS NOT THE BITCOIN POLICE.

Surely, that is part of the justification why bitcoiner should NOT be blanketedly cheering for BIG government to be taking down Bitmex and its various agents, presuming them to be criminals - even though currently, they are being charged as criminals.  There are due process rights in America, even though sometimes those due process rights are NOT fairly applied or allowed, so of course, frequently injustices occur.

“Due process rights”?  “Big government”?  There is hereby a much deeper issue:  The United States has an awful habit of arrogating to itself the power to impose global jurisdiction of its own laws, and even its mere whims.

I do not sufficiently know the facts of the case to make any particular pronouncements here; and unlike the armchair analysts already prouncing “guilt”, I will not pretend.  That said, however, it seems obvious that there may be some serious jurisdictional problems here.

A legal person (natural or corporate) not subject to the laws of the United States should not want “due process” according to American law.  For American law has no authority to try that person in the first place!

I hope that BitMEX’s lawyers, who are qualified at law and familiar with the facts, will raise front and centre every jurisdictional argument that they properly should.  It is not “a technicality”.  It is a matter of highest principle that bears on issues of sovereignty, and one of the essential differences between just laws and the unrestrained rampages of a rogue state.

To illustrate the nature of the issue, I will remark briefly on a completely unrelated case well-known to most here.

I have long been alarmed and angered by the propensity of some people to wish for the President of the United States to pardon Julian Assange.  How could the American chief executive “pardon” a man over whom the United States properly has no authority in the first instance?

(Of course, as a practical matter and for the sake of decency, I do wish that the American President would improperly pardon a man whose liberty should be posthaste restored, although his remaining health never can be.  That does not change the principle of the matter.  It also does not change the political reality that such a pardon is a pipe dream.)

To ask pardon admits the authority to punish, and guilt to be punished.  At that point, you have accepted the premise that the United States has a right to arrest, try, and convict Assange.

Now, turning back to BitMEX, you did mention jurisdiction:

I am NOT proclaiming that the various departments of the US justice system (who are purportedly representing the interest of the US people) are without a variety of justifications, but surely they need to have jurisdiction over the matters that they are alleging and charging, and due process of law should be allowed, including in criminal cases there are presumptions of innocent until being proved guilty.  Therefore evidence needs to be shown in a court of law, and criminal cases surely have intent elements that must be proven in a court of law, too.

Whereas if jurisdiction is lacking, then why should a defendant suffer trial before a court lacking proper authority, for alleged violation of laws that do not bind the defendant?  Why is the presumption of innocence even an issue?  Why should proofs be sought?

If a tinpot dictator on the other side of the world were to pass, within his jurisdiction, a decree that I, personally, am completely banned from Bitcoin, and if I were to violate his “law”, then should I seek “due process” in his court?  Or should I laugh?

On these types of issues, the only difference between that hypothetical tinpot dictator and the United States is guns, more guns, bombs, more bombs, tanks, aircraft carriers, ballistic missiles, and nuclear warheads, plus the economic and political muscle to seduce or coerce other countries’ corrupt governments without even bothering to shoot up and incinerate a bunch of civilians.

I am more inclined to presume that injustices are taking place on the side of the accused, when I see members posting about the guilt of these various players way before evidence has even been adequately described (and sure in the court of public opinion, we might even be relying upon more flimsy evidence regarding how we might feel about the situation).

^^^ THIS.

I am alarmed and, frankly, a little bit shocked at the general tenor of some of the talk here.

Just how did this U.S. government action suddenly, within a matter of days, so blacken the name of an exchange that, to my knowledge, has had a sterling reputation?  There are exchanges with credible scam accusations, theft under the rubric of “shotgun KYC”, rampant shitcoin pump-and-dump pushing, and all manner of other sleazy shenanigans.  I have never heard any such thing about BitMEX—still haven’t.  And now, some people are suddenly talking about them as criminals just because a U.S. prosecutor said so!

There’s an old saying—I don’t know where I first heard it—that in the United States, a prosecutor can indict a ham sandwich.

All I see thus far is news that, at first impression, looks very much like regulatory and prosecutorial overreach from a country that collectively acts as if it were the emperor of the world.

Note:  I have no connection to BitMEX, and no financial interest in the foregoing statement.  My experience with centralized exchanges is pretty much nil; and I don’t know anybody at BitMEX.



[Assange]

Thanks for indirectly reminding me that I had the foregoing almost completed in my offline drafts box.  (Most of what I write is never posted, and much of it is never completed.)

Jacob Applebaum

Probably quite old news that I somehow missed, but...  He’s back in action?  Cool.  Although I disagree with many of his viewpoints (like Assange’s), he (like Assange) was always one of those principled types who would not stop at those invisible lines that you are never supposed to cross.*  I think that that’s why he (like Assange) was targeted in some scandalous way.

(* Just for perhaps the least instance of that, Appelbaum considered Cloudflare to be an Internet-wide security bug, and accordingly opened a Tor issue that I tried to keep open back in 2017—around the time that my first Newbie-rank post here thanked theymos for telling the truth about Cloudflare.  2020 update:  Nothing has changed; Cloudflare is still a tool of corporate censorship and mass surveillance, as Appelbaum said.  They are untouchable.  In tech circles, the talk about them is almost all praise.  And that is relatively nothing compared to the dirt that Appelbaum was dragging out about the NSA and other intelligence agencies!)

I hope that he is still the same will-not-shut-up deadly-principled, stubborn loose cannon as he was before.  The world needs a few more of those.


inb4 anyone accuses me of hypocrisy
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October 04, 2020, 10:25:20 PM
Merited by nutildah (1)

Elwar, mightily impressive. I really am impressed, most of us here are pretty well off, even rich from bitcoin but this is next level, wow.


May I suggest a name for your beautiful vessel?


THE JOLLY HODL



Grin
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October 04, 2020, 10:29:29 PM

Elwar, mightily impressive. I really am impressed, most of us here are pretty well off, even rich from bitcoin but this is next level, wow.


May I suggest a name for your beautiful vessel?


THE JOLLY HODL

Surely, the encrypted hodl of the ship has cargo capacity for a fortune of treasure.

Grin
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October 04, 2020, 11:11:55 PM
Last edit: October 04, 2020, 11:59:50 PM by eXPHorizon

^ Got yourself a vacant cruise ship (conveniently already registered in a tax haven)?

MS Satoshi
Oh yes, I bought a cruise ship
The Crypto Cruise Ship




Man this is a dream of mine, but i would like a wind and crew powered ( naked ladys ) Brig  Grin


Anyway, AWESOME if its real Smiley
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October 04, 2020, 11:20:24 PM

......

Wow, are you serious? That's a bit bigger than a seastead. Is it this actual one that you are refitting to be bitcoin-oriented?



Sounds like an interesting venture, Elwar. Congrats! Any timeshare presentations we can attend to check it out for a few nights free?

If it includes a nightly Elvis impersonator performance and free whiskey sours...I maybe interested....
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October 04, 2020, 11:36:01 PM
Last edit: October 04, 2020, 11:47:22 PM by criptix

daily looks actually good (up to 11k), but the weekly looks kinda like a bulltrap though (down to 10,2)  Lips sealed

/edit

trump will win if he doesnt get killed or knocked out by corona.
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October 05, 2020, 12:00:39 AM
Merited by criptix (1)

Hola Bitcoinland.
Ten six seventy five bucks
(Bitcoinaverage).

I see a new poll:
Tweedle Dee and Tweedle Dumb...
Or is that Dumb and Dumber?

It makes you ponder:
Isn't democracy fun
When you have no choice?
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October 05, 2020, 12:30:55 AM
Merited by El duderino_ (1), AlcoHoDL (1)

[edited out]

Karartma1, I don't think you need to abandon ship. Let's wait and see how this plays out. It's all good to have total freedom to do whatever we want, but do you remember how Elwar's seastead ended up? We've got to tread carefully, or my statement "we'll end up filthy rich, but unable to enjoy our riches" may come true.

For sure, if we are feeling overexposed to bitcoin, maybe we cut back on our allocation a bit.

But, even with various negative news like this, it remains difficult to figure out where to better put your money, and even if there might be some justifications, based on recent news, how to better allocate.

Of course, each person has to decide for themselves the extent to which they might be over-allocated in bitcoin, and also if s/he might become a target of governmental actions and/or overreach based on his/her own situation - whether that is being accused of  some conduct that s/he did not consider to be against the law.. but sometimes safety measures may well need to be taken in regards to where to hold stash and how much of the private keys are kept off line.  I personally find it can be quite difficult to attempt to sell BTC directly, especially if we start to get to very large numbers, in the future, so in that regard, it is likely better to have some arrangements with traditional institutions to be able to have avenues to liquidate portions of your BTC stash from time to time and also reporting on taxes, consulting with attorneys and accountants and things like that could be helpful too.  

If any of us are pulling out anything approaching fuck you status levels, whether that is a million or more or even in the territory of $6million or more, then we may well need to have some of those liquidation relationships because it could be much more difficult to operate peer to peer with those kinds of quantities, and then might we be interacting in circles that might end up causing questions to our own actions, too - even if we personally believe that we are trying to stay above board with every one of our actions.

I seriously worry about being able to "cash out" when "fuck you" rich. I fear that, by that time, all the cameras, guns, machetes, rusty pipes and what have you, will be pointing at us HoDLers, even going so far as to label us criminals, DPR v.2 (or is it v.3?), or some other "guilty-until-proven-innocent" accusation. It all depends on how "accepted" Bitcoin will be at that point.

The "at that point" remains on a spectrum because there are a certain number of us who have already been cashing out here and there... so passage of time has incrementalisms as well as an all of a sudden components.

If some of us may have some worries about certain changes in liquidation avenues, maybe it does not hurt to be getting in the practice of cashing out here and there along the way, even if smaller amounts.

Practice cashing out and buying back again.  $100 or $1,000 or some practical amount.

We should have some practice with our liquidation avenues, anyhow.

Sure, if we feel that we are mostly in BTC accumulation phase, then we might not be ready to go straight into a liquidation phase, but personally, I believe that bitcoin accumulation becomes a kind of "own it" way of life, so we have to figure out various ways to be comfortable in our Bitcoin skins, and therefore, it seems way more practical to go from accumulation phase to maintenance phase to liquidation phase - and for me, it seems that these phases are on a spectrum rather than being absolute categories.

I had always thought that at least a couple of liquidation avenues should be contemplated to be prepared for just in case some of those avenues might dry up, and sure of course, I am just a regular joe blow, so I am not really in any kind of position to give reassurances that liquidation avenues that you pick might not later end up drying up.  I have already personally had some of my liquidation avenues dry up over the years, so I can even relate to increased levels of worries regarding my remaining liquidation avenues as they currently stand and how they might change (or get reduced) in the future.

So sure, one of the risks, calculations and costs does remain liquidation avenues, and surely the actions against Bitmex likely causes greater liquidation avenues uncertainties rather than inspiring confidence as some other bitcoiners seem to be arguing.


And, as you know, timescales in Bitcoin time are very short, meaning that we'll know quite soon.

Actually, that plays on another point that I was going to make regarding members being at various points on the spectrum.  Sure there are some members who are full out ready willing and able to engage in liquidations at any time, some members
who are on the cusp of being able to liquidate, and other members who would feel much more comfortable with another BTC price exponential phase.

Those who are NOT quite ready but would be more ready upon another 3x, 5x or 8x might be more anxious...

Some people need 10x or more, and sure there are others who need much more than 20x or even 40x to 100x based on the size of their current BTC holdings and/or what amount of BTC that they might be able to accumulate in the shorter term.


It's all good to imagine an ideal world where TPTB have accepted and even endorsed Bitcoin, but I don't think this will be an easy battle. We may win, but there will be blood.

We should not be preparing for an ideal world.

We should be preparing for a variety of possible scenarios and a shifting framework - and maybe even some unexpected happenings along the way.

In other words, even though we are NOT specifically focusing on the best case scenarios or the worst case scenarios, we are prepared for those kinds of extreme and less probable scenarios along with the more probable scenarios that are a mixture of the two.

My thinking is already that bitcoin is way the fuck better along than I had expected it to be when I got in, so the fact that I am likely going to continue to have to juggle a variety of known inconveniences as well as unknown inconveniences does not come as a surprise to me, even though the specifics of the various inconveniences are surely still to be figured out at whatever particular time I am cashing out parts of my BTC or if I were to cash out larger amounts.

Remember that I personally remain with Jimbo in terms of anticipating incrementalism cashing out behaviors from myself rather than expecting that there is going to be some point(s) that I am going to be cashing out BIG ass amounts causing my lil selfie feelings of desperation and/or drawing unwarranted attention to my lil selfie and/or my hypothetical levels of richie-ness.


Of course this "cashing out" may not even be necessary, if things play out in Bitcoin's favour, and BTC (or satoshi, or whatever fraction of a satoshi results from a 2nd layer solution, should 1 BTC > $1M) ends up being usable in buying everyday goods and services.

Sure, the BTC price could go there, and I suppose it would not necessarily be a bad problem to have... but it seems to be on the lower level of probability in the immediate future.

Of course, if BTC prices goes shooting up to $300k in the next 6 months to 1 year, then million dollar bitcoin become more probable upon reaching those kinds of higher prices.  Currently, our high price has merely been $20k.. so it seems to be a bit absurd to be placing too high of probabilities on $1million bitcoins.

Don't get me wrong, I do have projections of my BTC holdings and my cash holdings that go out to a million, but I do not place very high odds on such outcomes in this particular cycle... even though I am prepared for such.

By the way in 2015/2016 (when BTC prices were below $700), my UPpity preparations largely went until about $3k to $5k, and as the BTC price went up, including when we got into the $1ks and $2ks, I had to adjust my UPpity preparations and to assign greater odds to BTC price possibilities that went beyond $5k.. .. so there are likely ways that preparations can be adjusted along the way and to be able to assign higher probabilities to higher numbers once BTC prices cross some of those intermediate price thresholds (on the way up).


This would be an ideal situation, in which BTC's intrinsic value stays in the BTC realm and we directly use it to survive (food, shelter, Lambos, hookers, blow, the usual necessities).

Again, I personally don't believe we should be preparing for the ideal, even though we should be prepared in case the ideal happens... if that makes any senses.


But, somehow, I don't think it will be that easy. Not when the establishment sees their power taken away. They won't surrender without a fight.

Well, yes... more likely that there are going to be some obstacles along the way.. even if we cannot be sure exactly what those obstacles are going to be, we should attempt to prepare for a variety of potential obstacles along the way.


My advice is to be prepared for any possible outcome.

Yes.  That is one way of putting it.  I think that another way of putting it is that we put more preparations into more likely scenarios, and adapt along the way as scenarios become more likely, and of course, that is nearly the same thing as preparing for any scenario, while attempting to focus on the more likely scenarios before focusing on the less likely scenarios.


Personally, I'm more exposed to BTC than I am to more traditional investments, but I can surely survive (and ever enjoy the occasional little pleasures—but nowhere near "fuck you" rich status) without touching my BTC. I just follow the "invest what you can afford to lose" motto, while at the same time supporting and firmly believing that Bitcoin will succeed.

If you believe that you do not need to tweak anything, then that is on you.

It is good to reflect every once in a while to consider whether any tweakening might be helpful, either psychologically or financially....

and of course, if you have been largely or ONLY "investing what you can afford to lose" then that surely should be helpful in terms of NOT causing you to take rash actions... hopefully...

Sometimes, one of the problemas with bitcoin has been that when the price goes shooting with a large amount of exuberance, we cannot help but to become emotional and possibly unexpectedly transform into irrationality.  It happens on the way up, as well as on the way down.

But if you have been attempting to really be honest with ur lil selfie in regards to how comfortable you are at various price points in case the BTC price kept going up or it reversed, and you are really contemplating that you would be neutral either way, then you may have structured what you are going to do at those various price points as best as you can and causing yourself less likelihood to actually panic when (or if) such scenario happens.


In short, as Bitcoin's value is rising, my feelings are bittersweet. Sweeter than bitter, of course, but there's always that aftertaste you get when chewing a dirty piece of paper...

That is fair enough.  I am not going to say that ambiguous feelings might happen, even when you feel that you have prepared  yourself to beat hell.  Guys (and maybe even gal) are second-guessing the hell out of themselves on an ongoing basis, but when the BTC price reverses at $48k in the next year and a half, and crashes back down to $10k or even less, you have to be comfortable financially and psychologically, even if you had chosen NOT to sell any satoshis up until that point..... or whatever other variant of scenario that you might believe to NOT be very probable, but ends up playing out.

Those various price points in regard what to do, exactly, are completely on you and your comfort rather than what other balances (or lack thereof) that other guys and gal may have chosen along that path... that ends up playing out unexpectedly from your point of view.



Ok.  I watched that clip.

How come when they left, they did not take the briefcase with them?

Am I missing something?  By the way, I had never seen the whole movie, so surely I must be missing something about the meaning of that briefcase.

Also, why was the one cowering black kid spared?  Travolta's character goes up to him in the end of the clip, and he asked why they were not told about the guy with the BIG gun who was hiding in the bathroom, and the kid does not answer - yet he was spared.

The briefcase is an enigmatic element of the movie, that is open to interpretation. I won't give you mine, since you haven't watched it yet. But you should.

I think that it was pretty cool that when Travolta's character opens it up, and it seems to glow on his face, and Jackson has to ask Travolta a couple of times before Travolta answers.  hahahaha.


I'm a big fan of Quentin Tarantino, so my opinion is surely biased, but I do consider it one of the greatest movies of all time. The first time I watched it was with my (then) girlfriend, back in 1994. She hated it, and we even had a somewhat heated discussion about it. Could it be more appealing to guys than girls?

Since I did not see it, I would not know, but surely the fairer sex does seem to have differing sensibilities from the not so fair sex.


As for the kid being spared, my guess is that it's Samuel Jackson's way of thanking God for His "divine intervention" which saved their lives.

Fair enough.. It is an interesting moment, too.

BTW, the scene whose YouTube clip I linked to, is not a continuous scene. In the actual movie, it's split and its parts are shown at different times. The YouTube poster has joined them together in one continuous clip.

Another thing that will probably be irrelevant to most, is that Tarantino is a hardcore film fan, and insists on shooting his films on real film (no digital cameras involved). A true cinema lover, in its original media, with all its quirks that give true movies that special appeal.

Edit: Corrected typo.

Yes... bonus behind the scenes information.. Thanks, AlcoHoDL.
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October 05, 2020, 12:32:06 AM
Last edit: October 05, 2020, 12:43:07 AM by nullius

It makes you ponder:
Isn't democracy fun
When you have no choice?

I am baffled at how people who understand basic economic principles can fail to grasp the most fundamental, unavoidable flaw of mass democracy.

Universal suffrage is vote inflation.  Making everybody “free” by giving everybody a vote is like making everybody “rich” by printing lots of money.

Yes, that is an original observation on my part.  Analogy credit: nullius.

Whereas the institutions of democracy—the government branches, the political parties, the mass media—all together have the rôle of the big banks in the debt-backed fractional reserve monetary system.

Democracy is a scam.

I see a new poll:
Tweedle Dee and Tweedle Dumb...

Needs illustration.  Whereas the voting votaries of democracy can belief six impossible things before breakfast!

Tweedledum and Tweedledee

This is why I say:  Don’t vote.  By voting, you grant your moral and practical political endorsements to a corrupt system:  An ochlocracy manipulated by a plutocracy.  The result is kakocracy:  Rule of the worst.
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October 05, 2020, 12:42:56 AM

Quote
Introducing Bitcoin on TRON
We’re excited to be the first to support Bitcoin on TRON (BTCTRON) today! Starting now, Poloniex customers can use our new Swap feature to exchange their Bitcoin to BTCTRON for free directly from within their Poloniex Wallet. BTCTRON is a type of wrapped Bitcoin token that exists on the TRON blockchain.

But...  Whatever for?
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October 05, 2020, 01:21:43 AM

Quote
Introducing Bitcoin on TRON
We’re excited to be the first to support Bitcoin on TRON (BTCTRON) today! Starting now, Poloniex customers can use our new Swap feature to exchange their Bitcoin to BTCTRON for free directly from within their Poloniex Wallet. BTCTRON is a type of wrapped Bitcoin token that exists on the TRON blockchain.

But...  Whatever for?
To trade your real bitcoins for silly shit, you goose!

Oi. Most times trading the cow for magic beans does not work well.....
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If you don’t do PGP, you don’t do crypto!


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October 05, 2020, 01:36:57 AM

Oi. Most times trading the cow for magic beans does not work well.....

Can’t... resist...

– Boyfriend doesn't have enough money, so he trades GF for 1 BTC.
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October 05, 2020, 02:43:35 AM

Oi. Most times trading the cow for magic beans does not work well.....

Can’t... resist...

– Boyfriend doesn't have enough money, so he trades GF for 1 BTC.

Clearly sometimes, it works well.  Reminds me of margin trading.
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