Bitcoin Forum
December 02, 2020, 07:55:37 PM *
News: Latest Bitcoin Core release: 0.20.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When ATH?
Nov. 2020 - 47 (36.2%)
Dec. 2020 - 43 (33.1%)
Jan. 2021 - 14 (10.8%)
Feb. 2021 - 5 (3.8%)
Mar. 2021 - 5 (3.8%)
After Mar. 2021 - 16 (12.3%)
Total Voters: 130

Pages: « 1 ... 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 27262 27263 27264 27265 27266 27267 27268 27269 27270 27271 27272 27273 27274 27275 27276 27277 27278 27279 27280 27281 27282 27283 27284 27285 27286 27287 27288 27289 27290 27291 27292 ... 27659 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24650577 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.)
Globb0
Legendary
*
Offline Offline

Activity: 2450
Merit: 1983


Sense of humour failure level 4


View Profile
September 12, 2020, 01:08:30 PM

the 3rd monkey is about to blow his own head off

That's OK, motto still holds true (a dead monkey doesn't talk). LOL!

I wonder why they used monkeys... The girls working at Oak Ridge were lovely...

The 3 monkeys are see no evil hear no evil speak no evil

Quote
The three wise monkeys are a Japanese pictorial maxim, embodying the proverbial principle "see no evil, hear no evil, speak no evil". The three monkeys are Mizaru, who sees no evil, covering his eyes; Kikazaru, who hears no evil, covering his ears; and Iwazaru, who speaks no evil, covering his mouth.
1606938937
Hero Member
*
Offline Offline

Posts: 1606938937

View Profile Personal Message (Offline)

Ignore
1606938937
Reply with quote  #2

1606938937
Report to moderator
1606938937
Hero Member
*
Offline Offline

Posts: 1606938937

View Profile Personal Message (Offline)

Ignore
1606938937
Reply with quote  #2

1606938937
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1606938937
Hero Member
*
Offline Offline

Posts: 1606938937

View Profile Personal Message (Offline)

Ignore
1606938937
Reply with quote  #2

1606938937
Report to moderator
1606938937
Hero Member
*
Offline Offline

Posts: 1606938937

View Profile Personal Message (Offline)

Ignore
1606938937
Reply with quote  #2

1606938937
Report to moderator
1606938937
Hero Member
*
Offline Offline

Posts: 1606938937

View Profile Personal Message (Offline)

Ignore
1606938937
Reply with quote  #2

1606938937
Report to moderator
nullius
Copper Member
Sr. Member
****
Offline Offline

Activity: 448
Merit: 2063


There is only one Bitcoin.


View Profile WWW
September 12, 2020, 01:49:12 PM
Last edit: September 12, 2020, 02:06:02 PM by nullius

Decided to research Bitcoin pr0n and found this gem:

– Couple tries to buy BTC from ATM, stranger approaches them to inform that fees are too high;
– Stranger takes them to their office to sell them BTC in person.
– Boyfriend doesn't have enough money, so he trades GF for 1 BTC.

As the inventor of a Bitcoin sexual fetish,(*) I must interject:

This story goes better when she is mesmerized by the sight of the UTXO, the immutable mark of the carnal transaction in which she laid herself down as a sacrificial offering to the god of Bitcoin.  She feels that she herself is forever hashed into the blockchain; it arouses her anew, it enthralls her, and she becomes addicted to accumulating bitcoins through ciphersex...

Based on prior research, I observe that printable temporary tattoo paper is readily available, and suitable for QR codes.  “Entrance fee.”

Gives new meaning to the word “HODL”.

(* Deep in my post history are modest hints, partly veiled by smoke and mirrors.  Not giving links, because I’m a tease.)

The problem with pr0n is, and always has been, its low quality script writers. Real shame.

I could help—for a price.  Though I think it works best in the written word (or in real life), and best appeals to females.  (Women are by far the biggest consumers of written erotica, which is just fine with me!)
d_eddie
Legendary
*
Offline Offline

Activity: 1260
Merit: 1042



View Profile
September 12, 2020, 01:53:40 PM


You're stuffed full of merits for a reason, dude. Have a special one. Keeping my last few for promises and nonlegendaries Wink

+1 WOsMerit
nullius
Copper Member
Sr. Member
****
Offline Offline

Activity: 448
Merit: 2063


There is only one Bitcoin.


View Profile WWW
September 12, 2020, 01:59:10 PM


Quote from: Euractiv (2020-09-10)
Cryptocurrency developers should produce a ‘white paper’ with all the relevant information about the issuer, the token or the trading platform “to enable potential buyers to make an informed purchase decision and understand the risks relating to the offering,” the proposal says.

National and European regulators must approve these documents before issuers can start operating.

A faceless Tor user who calls himself “Satoshi Nakamoto” will seek approval from self-entitled bureaucrats before releasing “bitcoin.pdf” and a bunch of source code, because... because.  Everybody is a bank-loving masochist with a regulatory fetish!  Confirmed by strongest science.
Torque
Legendary
*
Offline Offline

Activity: 2338
Merit: 1875



View Profile
September 12, 2020, 02:31:01 PM


Quote from: Euractiv (2020-09-10)
Cryptocurrency developers should produce a ‘white paper’ with all the relevant information about the issuer, the token or the trading platform “to enable potential buyers to make an informed purchase decision and understand the risks relating to the offering,” the proposal says.

National and European regulators must approve these documents before issuers can start operating.

A faceless Tor user who calls himself “Satoshi Nakamoto” will seek approval from self-entitled bureaucrats before releasing “bitcoin.pdf” and a bunch of source code, because... because.  Everybody is a bank-loving masochist with a regulatory fetish!  Confirmed by strongest science.

Quote
"Because they are tied to national currencies, supporters of ‘stablecoins’ claim they can avoid the bubble-and-burst evolution seen with Bitcoin."

Because they are tied to national currencies which are already digital, they have no fucking point...except pointless redundancy, I guess? They continue to miss the point of Bitcoin's reason for existence in the first place.
d_eddie
Legendary
*
Offline Offline

Activity: 1260
Merit: 1042



View Profile
September 12, 2020, 02:56:00 PM


Quote from: Euractiv (2020-09-10)
Cryptocurrency developers should produce a ‘white paper’ with all the relevant information about the issuer, the token or the trading platform “to enable potential buyers to make an informed purchase decision and understand the risks relating to the offering,” the proposal says.

National and European regulators must approve these documents before issuers can start operating.

A faceless Tor user who calls himself “Satoshi Nakamoto” will seek approval from self-entitled bureaucrats before releasing “bitcoin.pdf” and a bunch of source code, because... because.  Everybody is a bank-loving masochist with a regulatory fetish!  Confirmed by strongest science.

Quote
"Because they are tied to national currencies, supporters of ‘stablecoins’ claim they can avoid the bubble-and-burst evolution seen with Bitcoin."

Because they are tied to national currencies which are already digital, they have no fucking point...except pointless redundancy, I guess? They continue to miss the point of Bitcoin's reason for existence in the first place.

Bitcoin is bitcoin. There's no "issuer", there's no backing, it is what it is. You want some? Mine it or buy it.

The EU tentative regulation that Biodom mentioned, as I understand it, is aimed at tokens issued by corporate actors (libra is explicitly mentioned, and tether would qualify as well). My previous post simply states that I personally agree that such corporate entities should be held liable, and any failure to comply with redemption requests immediately should have civil and criminal consequences.

The last thing we need is more fractional reserve scams springing up like mushrooms everywhere.
BitcoinGirl.Club
Legendary
*
Offline Offline

Activity: 1666
Merit: 1773


WO Gang back to action!


View Profile WWW
September 12, 2020, 03:00:30 PM

$10,350!
Only $151 to go 😜
Toxic2040
Legendary
*
Offline Offline

Activity: 994
Merit: 1938



View Profile
September 12, 2020, 03:06:24 PM



+1 WOsMerit
JimboToronto
Legendary
*
Offline Offline

Activity: 2744
Merit: 1900


You're never too old to be young.


View Profile
September 12, 2020, 03:19:06 PM
Merited by JayJuanGee (1)

Good morning Bitcoinland.

No real change... still sideways... currently $10380USD/$13679CAD (Bitcoinaverage).

C'mon Bitcoin, rise and shine.

Go Bitcoin go.

I sell 1 bitcoin for price 50K while I really need only 25K. Wait until price falls to 25K, buy back the 1 bitcoin and keep the rest 25K in the bank forever. If the price doesn't fall that much, well this is a calculated risk. In my case this means 1 mil total profit in the bank. Not exactly fuck you status, but still enough to change my lifestyle.

This is the main idea, but with the calculator I can set precise sells at each percentage, so that I cover events like 45K down to 22K, etc. Only when I have a new lifestyle, I will sell almost everything for 6 mil.

Are you saying you'd risk your money by keeping it in fiat in some bank? The term "money in the bank" is misleading unless the "bank" is your own i.e. Bitcoin.

I also question your hoping for the price of Bitcoin to drop anywhere near as low as $25k. That's barely higher than the current ATH.

It's more likely for the price to continue well into 6 digits and then perhaps fall down as low as $50k-$60k in the nadir of the next Bitcoin winter.

Just MHO of course.
Torque
Legendary
*
Offline Offline

Activity: 2338
Merit: 1875



View Profile
September 12, 2020, 03:27:26 PM

The EU tentative regulation that Biodom mentioned, as I understand it, is aimed at tokens issued by corporate actors (libra is explicitly mentioned, and tether would qualify as well). My previous post simply states that I personally agree that such corporate entities should be held liable, and any failure to comply with redemption requests immediately should have civil and criminal consequences.

The last thing we need is more fractional reserve scams springing up like mushrooms everywhere.


But...bbut...the last thing the world needs is these corporate-issued tokens in the first place. That's my point. They are completely un-needed, nobody is asking for them, and fiat currencies work just fine as-is. They provide the public with zero benefits.

"Create unnecessary thing, then regulate unnecessary thing."
d_eddie
Legendary
*
Offline Offline

Activity: 1260
Merit: 1042



View Profile
September 12, 2020, 03:39:20 PM

I say, let them try to own the world by conjuring up tokens, meaningless as they might be. It could simplify things for some people - the unbanked come to mind. It could simplify trading - tether, for good or bad, has been facilitating whale trades for years and might be a part in decentralized exchanges over L2 in the future.

BUT when you issue them, whatever your reason may be, be ready to pay back cash or similar "hard" assets whenever someone wants out of your Monopoly money. Or else.
ivomm
Hero Member
*****
Offline Offline

Activity: 1137
Merit: 887


All good things to those who wait


View Profile
September 12, 2020, 03:44:26 PM
Last edit: September 12, 2020, 04:46:39 PM by ivomm
Merited by JayJuanGee (1)

Good morning Bitcoinland.

No real change... still sideways... currently $10380USD/$13679CAD (Bitcoinaverage).

C'mon Bitcoin, rise and shine.

Go Bitcoin go.

I sell 1 bitcoin for price 50K while I really need only 25K. Wait until price falls to 25K, buy back the 1 bitcoin and keep the rest 25K in the bank forever. If the price doesn't fall that much, well this is a calculated risk. In my case this means 1 mil total profit in the bank. Not exactly fuck you status, but still enough to change my lifestyle.

This is the main idea, but with the calculator I can set precise sells at each percentage, so that I cover events like 45K down to 22K, etc. Only when I have a new lifestyle, I will sell almost everything for 6 mil.

Are you saying you'd risk your money by keeping it in fiat in some bank? The term "money in the bank" is misleading unless the "bank" is your own i.e. Bitcoin.

I also question your hoping for the price of Bitcoin to drop anywhere near as low as $25k. That's barely higher than the current ATH.

It's more likely for the price to continue well into 6 digits and then perhaps fall down as low as $50k-$60k in the nadir of the next Bitcoin winter.

Just MHO of course.

I gave those numbers as an example to clarify my calculator. I won't sell at 50K and rebuy at 25K, of course. But If I am satisfied with a certain price, say hypothetically 100K, I sell something and after that a bigger dip comes, say 70-80K (20-30% drop as programmed in the expample), I can decide to keep the profit into the bank or buy estate, and after that to rebuy the same amount of bitcoins that were spent. My idea is to sell bitcoins only for a purchase (with the profit, while the remaining fiat is waiting in the bank - more secure than on exchange), so that I will be able to rebuy them back. If this fails, so be it, I will achieve my main goal. I would prefer to keep all my stash until I retire, but if all of my rebuy plans fail, then I will have to reconcile with the eventual loss and live with my fiat disributed (hypothetically) into 100K deposits euro guaranteed by the EU, half of which in euro, and the other half in USD (or CHF, whatever fiat is still alive then). There are two things that I want to avoid - waiting until I retire to start travelling and living a better life, and the second is rebuying higher with a loss, like I did 3 times in 2017. I did these mistakes, because I was new and I didn't have an idea what I really want. I gradually realized that $1-2K profit is not so big and if I learn to hodl I will get much more, so I corrected mindrust kind of mistakes by rebuying higher. I hope you understand better my point of view now. The truth is that my stash is too small and I have to wait for a really high price in the next 5-6 years. And having a solid plan that won't change under emotional decisions  Wink
Toxic2040
Legendary
*
Offline Offline

Activity: 994
Merit: 1938



View Profile
September 12, 2020, 03:53:33 PM

#dyor
1h



the battle continues in the cloud on the four hour

...is that a hammer in your pocket or are you just happy to see me?
4h

#stronghands
Biodom
Legendary
*
Offline Offline

Activity: 2506
Merit: 1654



View Profile
September 12, 2020, 04:09:46 PM

Re discussions of selling, then "enjoying new lifestyle".
Everybody's situation is different.
I am in a urban environment with huge RE taxes.
I can survive on, say, 70K a year, but anything less than 100K a year would be a strain, really, with 150K being OK to good (with a couple vacations/year), anything more than that could be used for whatever (investments, etc).

Based on this, $1mil is not really a change in style as you don't really want it to be gone in 7 years, right?
People keep talking about passive income. I have no idea what it means as with current bond yields passive income is something approaching zero.
If you are talking about stock appreciation OR sale of your assets, than it is not a passive income.
I would imagine that in SanFran or NY anything less than 200-250K/year in income is a strain.

Conclusion: I cannot really count on btc being my only money supply until it reaches much, much higher levels, which probably means that I have to work...and work.

P.S. and OT: Dan Morehead (whom I respect as btc investment visionary) thinks that defi will do 100X before btc will do 100X. I have to idea how he came up with this (maybe simply going from lower base).
Unfortunately, it is completely unclear who the main player(s) would be and/or how many (or if it would even work). I took a look and some of those tokens are up 30-100X in the last 6-9 mo.
Entering now without a clue of how it shakes out is kind of idiotic, so a pass for me. Should have thrown a thou on some a few mo ago...oh, well.
jojo69
Legendary
*
Offline Offline

Activity: 1946
Merit: 2613


1/21000000 the only math you need to know


View Profile
September 12, 2020, 04:14:33 PM

Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4385


Be a bank


View Profile
September 12, 2020, 04:36:50 PM

 Roll Eyes sigh ...
guess I would have, as long as we didn't have to talk
ivomm
Hero Member
*****
Offline Offline

Activity: 1137
Merit: 887


All good things to those who wait


View Profile
September 12, 2020, 05:07:29 PM
Merited by Biodom (1)

Re discussions of selling, then "enjoying new lifestyle".
Everybody's situation is different.
I am in a urban environment with huge RE taxes.
I can survive on, say, 70K a year, but anything less than 100K a year would be a strain, really, with 150K being OK to good (with a couple vacations/year), anything more than that could be used for whatever (investments, etc).

Based on this, $1mil is not really a change in style as you don't really want it to be gone in 7 years, right?
People keep talking about passive income. I have no idea what it means as with current bond yields passive income is something approaching zero.
If you are talking about stock appreciation OR sale of your assets, than it is not a passive income.
I would imagine that in SanFran or NY anything less than 200-250K/year in income is a strain.

Conclusion: I cannot really count on btc being my only money supply until it reaches much, much higher levels, which probably means that I have to work...and work.

P.S. and OT: Dan Morehead (whom I respect as btc investment visionary) thinks that defi will do 100X before btc will do 100X. I have to idea how he came up with this (maybe simply going from lower base).
Unfortunately, it is completely unclear who the main player(s) would be and/or how many (or if it would even work). I took a look and some of those tokens are up 30-100X in the last 6-9 mo.
Entering now without a clue of how it shakes out is kind of idiotic, so a pass for me. Should have thrown a thou on some a few mo ago...oh, well.

Hahaha, we are living on different planets. My yearly expenses are like $7k-8k. If I move to the most expensive sea resort and each evening we are eating at restaurants, visiting events, etc. the expenses would be $12K-15K. That is the change I want for starters. And $1 mil will be enough (if I don't buy expensive house, lambo or yacht) for ... 66 years lol
Biodom
Legendary
*
Offline Offline

Activity: 2506
Merit: 1654



View Profile
September 12, 2020, 05:18:50 PM

Re discussions of selling, then "enjoying new lifestyle".
Everybody's situation is different.
I am in a urban environment with huge RE taxes.
I can survive on, say, 70K a year, but anything less than 100K a year would be a strain, really, with 150K being OK to good (with a couple vacations/year), anything more than that could be used for whatever (investments, etc).

Based on this, $1mil is not really a change in style as you don't really want it to be gone in 7 years, right?
People keep talking about passive income. I have no idea what it means as with current bond yields passive income is something approaching zero.
If you are talking about stock appreciation OR sale of your assets, than it is not a passive income.
I would imagine that in SanFran or NY anything less than 200-250K/year in income is a strain.

Conclusion: I cannot really count on btc being my only money supply until it reaches much, much higher levels, which probably means that I have to work...and work.

P.S. and OT: Dan Morehead (whom I respect as btc investment visionary) thinks that defi will do 100X before btc will do 100X. I have to idea how he came up with this (maybe simply going from lower base).
Unfortunately, it is completely unclear who the main player(s) would be and/or how many (or if it would even work). I took a look and some of those tokens are up 30-100X in the last 6-9 mo.
Entering now without a clue of how it shakes out is kind of idiotic, so a pass for me. Should have thrown a thou on some a few mo ago...oh, well.

Hahaha, we are living on different planets. My yearly expenses are like $7k-8k. If I move to the most expensive sea resort and each evening we are eating at restaurants, visiting events, etc. the expenses would be $12K-15K. That is the change I want for starters. And $1 mil will be enough (if I don't buy expensive house, lambo or yacht) for ... 66 years lol

$12-15K/year with lavish lifestyle-amazingly cheap.
I did some research on relocating in retirement-not many choices. In Europe, mostly Portugal and Spain where $50K should be enough, but I would have to learn a new language.
All English speaking countries are expensive, sans Belize, probably, but it is hot in there and i would like to be in a moderate climate.
nullius
Copper Member
Sr. Member
****
Offline Offline

Activity: 448
Merit: 2063


There is only one Bitcoin.


View Profile WWW
September 12, 2020, 05:20:37 PM
Last edit: September 12, 2020, 05:43:49 PM by nullius

Cryptotourist, an NSA OSINT analyst tipped me that the rank-watchers in Meta forgot you.  SwayStar’s rise to Full Member merited mention.  Your earlier rise to Sr. is listed on the front page.

Are you out of the conspiracy to take my money, turn it into 21,000 BTC, and then take over the forum? :-/



I am in a urban environment overcrowded, heavily polluted, crime-ridden, disease-infested anthropoid sewer prone to simultaneous prison-style lockdowns and riots with huge RE taxes.

Move.

I would imagine that in SanFran or NY anything less than 200-250K/year in income is a strain.



The EU tentative regulation that Biodom mentioned, as I understand it, is aimed at tokens issued by corporate actors (libra is explicitly mentioned, and tether would qualify as well).

You are confused.

The article explicitly addressed Bitcoin.

Quote from: Euractiv (2020-09-10)
The long-awaited regulation will address the high volatility of cryptocurrencies including Bitcoin, the most popular of these digital tokens, and the risks posed by systemic ones, like Libra.

The portion that I quoted immediately followed some blather about “a market worth around $350 billion, and spread over more than 6,700 digital currencies”.

The article was at some points unclear about which bureaucratic diktat applied to which type of “cryptocurrency”; but I very well realized that some portions only spoke of “Libra” et al., and I followed the context accordingly.

(The media tend to mangle the facts, anyway.  When I read the article, I cursed at not having the source document available.)

It could simplify things for helpfully ensnare some people - the unbanked unenslaved come to mind.

Why is being “unbanked” supposed to be a bad thing?  It is an Orwellian brainwash-term.

And why could the lives of the bank-free not be improved by Bitcoin instead?



Are you saying you'd risk your money by keeping it in fiat in some bank? The term "money in the bank" is misleading unless the "bank" is your own i.e. Bitcoin.

This.

I could never understand why people keep fiat savings in banks.

I have even seen people post photos of their gold and silver holdings themselves on readily identifiable social media accounts, with faces in the picture (!).  Some people just ain’t so bright.

ftfy

Thanks.  How did I make that typographical error?  I can’t even make the excuse of typing on a “smartphone”.

(I used to advocate privacy by asking people if, given that they have “nothing to hide”, they would be willing to take remote-access cameras and microphones into their bedrooms.  Then, I realized that most people actually do.  Oops.)
JayJuanGee
Legendary
*
Online Online

Activity: 2464
Merit: 3492


How much alt coin diversification is needed? 0%?


View Profile
September 12, 2020, 05:45:31 PM
Last edit: September 12, 2020, 06:01:19 PM by JayJuanGee

Ooo look another fun visualiser


https://txstreet.com/v/bch-btc

hahahahahahahahahahahaha

Hah, pathetic. Can't wait till that bcash shitcoin dies. Yet another split incoming so I'd say it's getting close

Shitcoins never really die completely... so it could be a bit unrealistic to set one's self up to psychologically look forward to such death of any particular shitcoin either completely happening or discontinuing various pumpenings, drama and even sometimes attacks on bitcoin (whether through misinformation, distractions or actual material (such as mining) shenanigans).

@TheVladCostea

Decided to research Bitcoin pr0n and found this gem:

– Couple tries to buy BTC from ATM, stranger approaches them to inform that fees are too high;
– Stranger takes them to their office to sell them BTC in person.
– Boyfriend doesn't have enough money, so he trades GF for 1 BTC.

https://twitter.com/thevladcostea/status/1304756798856011777?s=21




Makes sense.  Of course.
Pages: « 1 ... 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 27262 27263 27264 27265 27266 27267 27268 27269 27270 27271 27272 27273 27274 27275 27276 27277 27278 27279 27280 27281 27282 27283 27284 27285 27286 27287 27288 27289 27290 27291 27292 ... 27659 »
  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!