Bitcoin Forum
January 28, 2021, 03:14:24 AM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: 1/31 Closing Price:
<$30,000 - 15 (28.3%)
$30,000-$31,000 - 2 (3.8%)
$31,000-$32,000 - 2 (3.8%)
$32,000-$33,000 - 8 (15.1%)
$33,000-$34,000 - 3 (5.7%)
$34,000-$35,000 - 0 (0%)
$35,000-$36,000 - 2 (3.8%)
$36,000-$37,000 - 3 (5.7%)
$37,000-$38,000 - 4 (7.5%)
$38,000-$39,000 - 0 (0%)
$39,000-$40,000 - 1 (1.9%)
>$40,000 - 13 (24.5%)
Total Voters: 53

Pages: « 1 ... 27161 27162 27163 27164 27165 27166 27167 27168 27169 27170 27171 27172 27173 27174 27175 27176 27177 27178 27179 27180 27181 27182 27183 27184 27185 27186 27187 27188 27189 27190 27191 27192 27193 27194 27195 27196 27197 27198 27199 27200 27201 27202 27203 27204 27205 27206 27207 27208 27209 27210 [27211] 27212 27213 27214 27215 27216 27217 27218 27219 27220 27221 27222 27223 27224 27225 27226 27227 27228 27229 27230 27231 27232 27233 27234 27235 27236 27237 27238 27239 27240 27241 27242 27243 27244 27245 27246 27247 27248 27249 27250 27251 27252 27253 27254 27255 27256 27257 27258 27259 27260 27261 ... 28079 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25075956 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. (157 posts by 13 users deleted.)
Searing
Copper Member
Legendary
*
Offline Offline

Activity: 2702
Merit: 1398


Clueless!


View Profile
September 05, 2020, 08:20:43 PM

Well I have written several times that anything above 10k is not sustainable. I know that I will get Negative reactions again but I will probably still be writing this the next few years.

Glad somebody else see the obvious writing on the wall.

If things go to sh*t further my view is 9K BTC and related crypto altcoin prices and gold going sideways...and thus will do so for years...

I am assuming that the stock market will eventually reflect reality...thus not big on a future of around 0% on bonds and 25% dump in value or more on the stock portfolio

I can't see BTC/crypt NOT acting like gold in such a recession/depression environment, also due to the use of BTC/crypto internationally which will be even more 'dire' than

the USA and again BTC/crypto IMHO at worst sideways in price like gold as a hedge against all this

anyway...that is my bet..the real problem is the 10% unemployment rate which may never come back to less than that for years..robotics, work at home more do' able

now...it is gonna be ugly no matter who wins the white house

anyway, I'm living off (and will adjust) my stocks/stay out of debt/ and next year more $$$ from soc security....so I can afford to 'speculate' on BTC/crypto

But I state this now if Trump gets re-elected I'm gonna up my timeline (of the old nursing home and all my crap gets sold and out of the house in 20 years..

.as they drag me away...kicking screaming to the Nursing Home...so why not pull the plug on all my crap sooner? Just go

and play 'millennial' and sell the house/crap/ and just rent 20 years early...and travel.....I'm not gonna stick around the shitstorm of society that is gonna

happen if Trump gets re-elected..it will be a nightmare enough if/hopefully folks elected to whatever office act in an adult bi-partisan manner to fix this cluster**ck!

...might be the time to take a page from the young folks and get rid of all/most of my crap/house and travel...of course, I probably should do this

now ..but pretty sure .. I'd get off the fence and do above promptly on a Trump re-election. Sad

Life might be a lot better just traveling about the world from bed and breakfast

to bed and breakfast (they have waffles!) a few months at a time in exotic faraway places...watching another 4 years of this Trump Sh*tshow of 'bad management' as

best I could describe such has lost its charm indeed!

anyway why I will HODL....not like I see a lot of really fun choices....and seems silly to put ALL my assets into the stock market and the coming economy

thus HODL'ing as my Go-To Hell plan...big whoop...no change in lifestyle..sh*t on a stick ...let it ride! Smiley

the needs must, as the devil drives Smiley

https://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/needs-must-when-devil-drives

Ancient Chinese Curse: "May you live in 'interesting times' indeed Smiley

Brad
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1611803664
Hero Member
*
Offline Offline

Posts: 1611803664

View Profile Personal Message (Offline)

Ignore
1611803664
Reply with quote  #2

1611803664
Report to moderator
OutOfMemory
Sr. Member
****
Offline Offline

Activity: 364
Merit: 489


IIRC


View Profile
September 05, 2020, 08:44:29 PM

"pasteurize some raw milk" You have a cow in the garage?

Hell no, but i'm surrounded by farms  Smiley
El duderino_
Legendary
*
Offline Offline

Activity: 1316
Merit: 4814


Let's moon together #DUDEphilosophy


View Profile
September 05, 2020, 09:26:22 PM

B00Z/F00D

HODLers life

Now BED/SEX

HODLers night

Cheers
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2338
Merit: 4191


One of the world's leading Bitcoin-powered casinos


View Profile
September 05, 2020, 09:28:02 PM

B00Z/F00D

HODLers life

Now BED/SEX

HODLers night

Cheers

Haha

Never change El Dude

Grin
vapourminer
Legendary
*
Offline Offline

Activity: 3136
Merit: 1759


what is this "brake pedal" you speak of?


View Profile
September 05, 2020, 09:50:25 PM
Last edit: September 05, 2020, 10:59:31 PM by vapourminer

Looks to me like the $1,000/btc and below price levels need more testing. I'm just telling ya'll the truth. I could see maybe bitcoin long term stable in the $200-$500 range after a lot of faffing about.

you said sub 10k, not sub 1k

so youre admitting you could be off THAT much

much wrong, very useless. begone foul creature
AlcoHoDL
Legendary
*
Offline Offline

Activity: 1162
Merit: 1359


Addicted to HoDLing!


View Profile
September 05, 2020, 10:07:55 PM

Looks to me like the $1,000/btc and below price levels need more testing. I'm just telling ya'll the truth. I could see maybe bitcoin long term stable in the $200-$500 range after a lot of faffing about.

Comformed.

---

"faffing"

New word for me, thanks hon.
Biodom
Legendary
*
Offline Offline

Activity: 2576
Merit: 1717



View Profile
September 05, 2020, 10:07:57 PM

thinking of buying a bit, selling idea did not even cross my mind.
however, i think that you guys are wrong about the defi idea.

Mind you, the current crop is unimpressive, but so were excite, lycos and infoseek before google showed up in search.
Defi is inevitable, the question is only who the 1000 pound gorilla would be and which network would host it.
If you know of an app on btc that could do de-fi, speak out. There are some wallets, maybe Liquid, not much else (so far).
Cough-ethereum-cough is in the early lead, but it could be meaningless as we are talking about 4-7 bil out of 100 tril or so deployed there so far.
Plenty of time for btc to show its dominance in that area or leave it for some newcomer.
Eth cannot do defi because fees are too high, negating any reasonable tx, hence the recent crash.
bitserve
Legendary
*
Online Online

Activity: 1428
Merit: 1271


Self made HODLER ✓


View Profile
September 05, 2020, 10:42:12 PM

Looks to me like the $1,000/btc and below price levels need more testing. I'm just telling ya'll the truth. I could see maybe bitcoin long term stable in the $200-$500 range after a lot of faffing about.

Cantfirmed.
nullius
Copper Member
Hero Member
*****
Offline Offline

Activity: 504
Merit: 2124


There is only one Bitcoin.


View Profile WWW
September 05, 2020, 10:50:41 PM

Mind you, the current crop is unimpressive, but so were excite, lycos and infoseek before google showed up in search.
Defi is inevitable, the question is only who the 1000 pound gorilla would be and which network would host it.
If you know of an app on btc that could do de-fi, speak out. There are some wallets, maybe Liquid, not much else (so far).

Watch the development of Spectrum, the Layer 3 counterpart to RGB.  Its basic design is to use L2 Lightning (and thus, the Bitcoin blockchain) to enforce scalable, efficient, private off-chain execution of smart contracts.

https://bitcoinmagazine.com/articles/video-interview-giacomo-zucco-rgb-tokens-built-bitcoin
The video interview discusses defi explicitly.  Giacomo Zucco has quite the sense of humour:  He jokes about the oddity of a Bitcoin maximalist developing something that can be used for such awful things as defi and tokens.

Of course, it does tokens.  Apparently, the Tether people are interested.  (Maybe funding this?  Not sure.)  Imagine USDT running on Bitcoin proper.

The RGB/Spectrum smart contract language is Blockstream’s Simplicity, which is designed from its inception to support formal verification.  The glue that binds the off-chain contracts to the blockchain and makes them enforceable is a quite clever trick originally invented by Peter Todd.

(I do think there is a place for scalable on-chain contract execution, for use cases in which parties really need to be able to just disconnect and let the contract run on the blockchain.  But it won’t be Ethereum; ETH2 is basically a desperate mirage at this point, insofar as I can discern.  Other projects will eat their lunch.  And for most use cases, on-chain execution is just a massive waste of resources.)



Many replies to catch up with!  I’ll take this bit by bit...
xhomerx10
Legendary
*
Offline Offline

Activity: 2632
Merit: 3580


Go! BTC Go!


View Profile
September 05, 2020, 10:51:11 PM

nutildah
Legendary
*
Offline Offline

Activity: 2016
Merit: 3980


I'm not on Telegram


View Profile
September 05, 2020, 10:58:28 PM
Merited by BobLawblaw (1)

Defi is inevitable

For those who actually use it for what it was intended, decentralized finance via crypto has been alive and well for a number of years. It doesn't need rebranding, new marketing, new tokens or a new blockchain. Those who need it seek it out and use it. Everyone else is just looking to make a quick buck on their backs.
nullius
Copper Member
Hero Member
*****
Offline Offline

Activity: 504
Merit: 2124


There is only one Bitcoin.


View Profile WWW
September 05, 2020, 11:18:34 PM
Merited by philipma1957 (2), vapourminer (1)

Looks to me like the $1,000/btc and below price levels need more testing. I'm just telling ya'll the truth. I could see maybe bitcoin long term stable in the $200-$500 range after a lot of faffing about.

you said sub 10k, not sub 1k

so youre admitting you could be off THAT much

much wrong, very useless. be gone foul creature

At least, “long term stable in the $200-$500 range” is an improvement from “long term down trend to zero”.  Perhaps in the future, when people are using bundles of $100 bills as home heating fuel, proudhon may grudgingly admit that Bitcoin could be worth $10k someday, “after a lot of faffing about”.

We will see sub-$3,000 bitcoins. There's really no question about it. We'll see sub-$1,000 bitcoins eventually, because bitcoin is on a long term down trend to zero, just look at the charts and read the sources.

I found that via a post by Last of the V8s, which came right after the reference post for Lauda’s red tag on proudhon.  TiagoTiago’s tag led me to this:

It looks like this is the end of bitcoin.  If you can sell and get your money out, you probably should.  Quarkcoin is probably a safe investment for now.

Via a Reddit link, that post led me back to a WO post that speaks for itself:

Satoshi Nakamoto located and apprehended by Chinese government.  Was carrying emergency bitcoin shutoff code.  Chinese government plans to use code to shutdown bitcoin network.  Satoshi charged with criminal economic disruption.


Coindesk is getting ready to publish an article corroborating this news from internal sources.  This is the end guys.

Confirmed science!


What is Quarkcoin?
Torque
Legendary
*
Offline Offline

Activity: 2394
Merit: 1961



View Profile
September 05, 2020, 11:21:59 PM
Merited by Hueristic (1), bitcoinPsycho (1)

Giving someone else your crypto to lock up as collateral for a loan, or to earn interest, is complete antithesis to Satoshi's idea of "be your own bank."

DeFi is just recreating the problems of the current financial world, just with lower barriers of entry. Derivatives on top of derivatives, fractional reserves, margin calls and exit scams with no legal means of recovery will be par for the course.
savetherainforest
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 524


Plant 1xTree for each Satoshi earned!


View Profile
September 05, 2020, 11:29:12 PM


Will you miss this year 2020 or would like to forget it ?  Are there good times ahead  Roll Eyes



Might be a good marketing strategy! Smiley ... But hey... this will force you to make your own God damn pizza at home you lazy **** ! Sending much luv to your lazy a$$! <3
savetherainforest
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 524


Plant 1xTree for each Satoshi earned!


View Profile
September 05, 2020, 11:55:48 PM




I was going trough the old pages to catch up from a few months ago ! I got to say... I will miss those times! BUY ALL THE TOILET PAPER !!! Cheesy Cheesy haha!

Hueristic
Legendary
*
Offline Offline

Activity: 2618
Merit: 1905


Doomed to see the future and unable to prevent it


View Profile
September 06, 2020, 12:04:18 AM

Looks to me like the $1,000/btc and below price levels need more testing. I'm just telling ya'll the truth. I could see maybe bitcoin long term stable in the $200-$500 range after a lot of faffing about.


Scientifically confirmed.
Hueristic
Legendary
*
Offline Offline

Activity: 2618
Merit: 1905


Doomed to see the future and unable to prevent it


View Profile
September 06, 2020, 12:05:35 AM

Well I have written several times that anything above 10k is not sustainable. I know that I will get Negative reactions again but I will probably still be writing this the next few years.

Would you care to make a bet?
aesma
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 642


fly or die


View Profile
September 06, 2020, 12:54:01 AM

thinking of buying a bit, selling idea did not even cross my mind.
however, i think that you guys are wrong about the defi idea.

Mind you, the current crop is unimpressive, but so were excite, lycos and infoseek before google showed up in search.
Defi is inevitable, the question is only who the 1000 pound gorilla would be and which network would host it.
If you know of an app on btc that could do de-fi, speak out. There are some wallets, maybe Liquid, not much else (so far).
Cough-ethereum-cough is in the early lead, but it could be meaningless as we are talking about 4-7 bil out of 100 tril or so deployed there so far.
Plenty of time for btc to show its dominance in that area or leave it for some newcomer.
Eth cannot do defi because fees are too high, negating any reasonable tx, hence the recent crash.

Personally I have a problem with the mere concept of Defi. I don't see finance and decentralization going together. I see why it would attract some people, but I also see how governments are going to be all over it. I don't really see a use case either, but then again I live in a country where we don't have credit cards but debit ones. And there is no such thing as a credit score, or "refinancing", the less bank credits/mortgages you have the better.
lightfoot
Legendary
*
Offline Offline

Activity: 2464
Merit: 1740


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


View Profile
September 06, 2020, 01:07:12 AM
Merited by savetherainforest (1)

I was going trough the old pages to catch up from a few months ago ! I got to say... I will miss those times! BUY ALL THE TOILET PAPER !!! Cheesy Cheesy haha!



If covid taught me one thing it's that bidets are godlike.
savetherainforest
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 524


Plant 1xTree for each Satoshi earned!


View Profile
September 06, 2020, 01:10:52 AM

I was going trough the old pages to catch up from a few months ago ! I got to say... I will miss those times! BUY ALL THE TOILET PAPER !!! Cheesy Cheesy haha!



If covid taught me one thing it's that bidets are godlike.


People should learn about hot towels & bidets. Cheesy Cheesy

edit: Price seems stable. I was looking for Corona confessions from the last few hundred pages.
Pages: « 1 ... 27161 27162 27163 27164 27165 27166 27167 27168 27169 27170 27171 27172 27173 27174 27175 27176 27177 27178 27179 27180 27181 27182 27183 27184 27185 27186 27187 27188 27189 27190 27191 27192 27193 27194 27195 27196 27197 27198 27199 27200 27201 27202 27203 27204 27205 27206 27207 27208 27209 27210 [27211] 27212 27213 27214 27215 27216 27217 27218 27219 27220 27221 27222 27223 27224 27225 27226 27227 27228 27229 27230 27231 27232 27233 27234 27235 27236 27237 27238 27239 27240 27241 27242 27243 27244 27245 27246 27247 27248 27249 27250 27251 27252 27253 27254 27255 27256 27257 27258 27259 27260 27261 ... 28079 »
  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!