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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%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24501273 times)
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VB1001
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September 14, 2020, 05:24:02 PM
Merited by JayJuanGee (1), Karartma1 (1)

Man, I REALLY wish he was still here.  He would be such a clear voice of reason, I believe.

Quote
As an amusing thought experiment, imagine that Bitcoin is successful and
becomes the dominant payment system in use throughout the world.  Then the
total value of the currency should be equal to the total value of all
the wealth in the world. Current estimates of total worldwide household
wealth that I have found range from $100 trillion to $300 trillion. With
20 million coins, that gives each coin a value of about $10 million.

So the possibility of generating coins today with a few cents of compute
time may be quite a good bet, with a payoff of something like 100 million
to 1! Even if the odds of Bitcoin succeeding to this degree are slim,
are they really 100 million to one against? Something to think about...

Hal
https://www.mail-archive.com/cryptography@metzdowd.com/msg10152.html

Since I have been here I have tried to document myself with everything related to Finney, this quote is from Jan-2009 (satoshi/hal), the vision of the future that this person had for Bitcoin is amazing.


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September 14, 2020, 05:28:39 PM

Sun, Positano....
Paradise places for trips.
One day... Forever!!!
You are the dude. Surely.
Hey, when have you changed your name mic? I was not around unfortunately. El duderino is way better  Grin


A.Pompliano talked Jim Cramer into investing 1% of his portfolio into bitcoin.

Now imagine where we would be if every Jim Cramer out there would want a single piece of corn!
We know there ain't gonna be much corn flakes for everyone.
Let the 1% come to our corn field
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September 14, 2020, 05:31:47 PM

Man, I REALLY wish he was still here.  He would be such a clear voice of reason, I believe.

Quote
As an amusing thought experiment, imagine that Bitcoin is successful and
becomes the dominant payment system in use throughout the world.  Then the
total value of the currency should be equal to the total value of all
the wealth in the world. Current estimates of total worldwide household
wealth that I have found range from $100 trillion to $300 trillion. With
20 million coins, that gives each coin a value of about $10 million.

So the possibility of generating coins today with a few cents of compute
time may be quite a good bet, with a payoff of something like 100 million
to 1! Even if the odds of Bitcoin succeeding to this degree are slim,
are they really 100 million to one against? Something to think about...

Hal
https://www.mail-archive.com/cryptography@metzdowd.com/msg10152.html

Since I have been here I have tried to document myself with everything related to Finney, this quote is from Jan-2009 (satoshi/hal), the vision of the future that this person had for Bitcoin is amazing.




He had a priviledged logical mind. Maybe he was not the best businessman or the best vapourseller, but all of them wanted him. Ie: Phil Zimmerman when he founded PGP software.

Sometimes being too much logical doesn't compute with real life.... but I surely hope he was a visionaire too. We will see.
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September 14, 2020, 06:02:01 PM

If/when I am rich screwing a few girls like that would be nice for sure, but I don't want to live with a gold digger.

Of course not.  None of us would want to settle down with any kind of girl like that.  Surely, it wouldn't be good.

With regard to “settling down”, I must point out that the only rational reason for a man to invest long-term in an intimate relationship with a woman is for the production of suitable heirs.  Anything else can be had most optimally on a short- or medium-term basis.

Of course, many men behave with an effeminate irrationality; and the whole concept of “marriage” has been destroyed, inasmuch as it has come to be based on so-called “love”, i.e. an emotional codependency of narcissists who produce children in the manner of buying fashion accessories (and then wonder why the brats grow up to be ungrateful losers).  Marriage is a reproductive relationship—not about you, not about her, not about your egos and your “love”—certainly not just about sex and good feelings, which can be obtained on an hourly rate schedule.  Indeed, if you can pay at least $500–1000/hour (the sky’s the limit), then you can hire not only sex, but also charming companionship, social poise, and even a bit of intellect.

There are some things money can’t buy—such as someone to whom to leave your money.

Otherwise, plan your liquidation phase such that hookers get all of your money before you die.  Your life will sum to zero, and you will be quickly forgotten:  Genetically forgotten, memetically forgotten, extinguished body and soul as if you had never existed.  Meanwhile, have fun! :-)

N.b. that for the aforestated purpose, you do want a beautiful woman.  Darwin can help explain why—or you may ask a dog breeder about the requirements if you want to avoid having degenerate, ugly pups.  Beauty is not skin-deep, after all; and the desire therefor is anything but shallow.



Catching up, bit by bit...

is this a hint that you are gunning for a hat? because there are hoops that must be gone through and hurdles that must be cleared to gain such an accolade
bases that must be covered

No, thanks; I remain an incorrigible no-hatter.  Whereas I apparently overestimated the troll crowd’s literary acumen:  I presumed the term “corrupt cap wearer” to be a botched reference to Albrecht Gessler in the story of William Tell, or something of that nature.  I didn’t associate it with WO hats; if I didn’t misinterpret some of their incoherent gibberish (as may be possible), I think that I saw trolls tossing it at Lauda as well as myself.  Whoops.
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September 14, 2020, 06:14:19 PM

If/when I am rich screwing a few girls like that would be nice for sure, but I don't want to live with a gold digger.

Of course not.  None of us would want to settle down with any kind of girl like that.  Surely, it wouldn't be good.

With regard to “settling down”, I must point out that the only rational reason for a man to invest long-term in an intimate relationship with a woman is for the production of suitable heirs.  Anything else can be had most optimally on a short- or medium-term basis.

Of course, many men behave with an effeminate irrationality; and the whole concept of “marriage” has been destroyed, inasmuch as it has come to be based on so-called “love”, i.e. an emotional codependency of narcissists who produce children in the manner of buying fashion accessories (and then wonder why the brats grow up to be ungrateful losers).  Marriage is a reproductive relationship—not about you, not about her, not about your egos and your “love”—certainly not just about sex and good feelings, which can be obtained on an hourly rate schedule.  Indeed, if you can pay at least $500–1000/hour (the sky’s the limit), then you can hire not only sex, but also charming companionship, social poise, and even a bit of intellect.

There are some things money can’t buy—such as someone to whom to leave your money.

Otherwise, plan your liquidation phase such that hookers get all of your money before you die.  Your life will sum to zero, and you will be quickly forgotten:  Genetically forgotten, memetically forgotten, extinguished body and soul as if you had never existed.  Meanwhile, have fun! :-)

N.b. that for the aforestated purpose, you do want a beautiful woman.  Darwin can help explain why—or you may ask a dog breeder about the requirements if you want to avoid having degenerate, ugly pups.  Beauty is not skin-deep, after all; and the desire therefor is anything but shallow.

Well, I am glad that you are attempting to assure than many of us do NOT lose sight of more enduring long-term life purposes, including that if some of us might not adequately appreciate the power of our seemingly likely (if not already achieved) upcoming nuevo richie status.  Tongue
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September 14, 2020, 06:27:20 PM

Spread the word around,
King just turned five digits old,
in all his glory.


#haiku

We may never be able to purchase BTC for less than 5 digits again, ever.  You heard it here, first. #nohomo

Furthermore, I am not even clear if the various (perhaps 5-ish clusters, give or take 1 cluster) short-term sinkenings below 5 digits between 9/3 and 9/8 would have "officially" counted as sub 5 digits, since the BTC price never did close any daily candle below 5 digits.

In other words, if no daily candle had closed below 5 digits, did below 5 digits even happen?  #justasking   Lips sealed

As I type this post, I get an eery feeling that I am about to witness supra $10,600 in the near future, aka soontm #justsaying  Wink

ridiculous thought
cheap coins here and there, ten fold
in just fifteen months

#haiku

I am a bit confused about the ambiguity of the nostradamus wannabe-ism(s) within your haiku.

Would you be suggesting (or would I say wannabe soothsaying?) that BTC prices are going to be around 10x higher in 15 months, or would you be suggesting that we are going to be able to purchase corn for 10x cheaper in 15 months? 

I am thinking the former rather than the later, but seems to me that your wordiology could reasonably be interpreted in either direction.

Former.....higher
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September 14, 2020, 06:35:04 PM
Merited by JayJuanGee (1), infofront (1)

MicroStrategy Board makes Bitcoin its primary reserve currency, may increase its holdings beyond $250M.

Quote
MicroStrategy’s board of directors elected to make Bitcoin (BTC) the company’s primary reserve asset. The United States Securities and Exchange Commission disclosure stated that this may lead to the future expansion of the company's cryptocurrency holdings beyond the original purchase of 21,454 BTC, equivalent to $250 million: “Bitcoin serving as the primary treasury reserve asset on an ongoing basis, subject to market conditions and anticipated needs of the business for Cash Assets, including future potential share repurchase activity. As a result of this new Policy, the Company’s holdings of bitcoin may increase beyond the $250 million investment that the Company disclosed on August 11, 2020.”

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September 14, 2020, 06:54:09 PM

Sometimes you haiku.
Other times your ass gets haiku'ed.
Regardless, I hodl.




Pfiou. I'm more of a small tits kind of guy but she wears them well!

Alas, I need 100k BTC to just get 'invited' to a party where there are enough 'rich guys' to even have such 'fantasy women' show up!..sure...

I still would not have a shot..but..hey, at least then someone looking like her might 'talk to me'.

Whereas now, if I was to approach to ask directions, w/o such a party invite, I'd get maced and arrested for 'stalking' or some such. (sheesh)

Anyway, little steps BTC Hoard/HODL...little steps....soon! Smiley

damn, looked in the mirror that is a sh*t load of BTC at a 100k price tag and the odds are still long! Sad

Brad

If/when I am rich screwing a few girls like that would be nice for sure, but I don't want to live with a gold digger.

Of course not.  None of us would want to settle down with any kind of girl like that.  Surely, it wouldn't be good.


Sorry...I'm weak-willed indeed! Would 'crumble' like a cookie...Gold Digger or not! (self-delusion is why I was in HODL mode in 2013...so I simply

will apply this to above....delusional or not) Stamp on my 'fantasy' will ya! (Leaves in a huff, kicks end table...)

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September 14, 2020, 07:11:20 PM
Merited by nutildah (2)

Sometimes you haiku.
Other times your ass gets haiku'ed.
Regardless, I hodl.




Pfiou. I'm more of a small tits kind of guy but she wears them well!

Alas, I need 100k BTC to just get 'invited' to a party where there are enough 'rich guys' to even have such 'fantasy women' show up!..sure...

I still would not have a shot..but..hey, at least then someone looking like her might 'talk to me'.

Whereas now, if I was to approach to ask directions, w/o such a party invite, I'd get maced and arrested for 'stalking' or some such. (sheesh)

Anyway, little steps BTC Hoard/HODL...little steps....soon! Smiley

damn, looked in the mirror that is a sh*t load of BTC at a 100k price tag and the odds are still long! Sad

Brad

If/when I am rich screwing a few girls like that would be nice for sure, but I don't want to live with a gold digger.

Of course not.  None of us would want to settle down with any kind of girl like that.  Surely, it wouldn't be good.

A girl like that is affordable for everyone in this forum.

It is just a matter of length of time that differs.
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September 14, 2020, 07:32:44 PM
Last edit: September 14, 2020, 08:10:44 PM by nullius
Merited by LFC_Bitcoin (3)

 
...fade to black; for I am not inclined to write actual porn in WO unless somebody pays me good BTC for that.

I'm already doing that for free, helloooo..

I suppose that that is the difference between a slut and a whore. ;-)

Now just need to get down n dirty. Wink

Thanks; but having already been the subject of the forum’s most notorious sex scandal, I think I’ll hodl my reserve.  Call me a bit coy.  Ciphersex is still in my post history.





On the hermeneutics of bitcuck porn

@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.

(...)




Not sure why he's looking so worried though.

It’s a bitcuck porn plot.  He is not in control.  He is not an active decision-maker who chose to have a whore for a girlfriend (or whore her out) because he enjoys that—as some do; but that would be a quite different porn plot.  Rather, he is a poor plebe who can’t afford to buy 1 BTC; accordingly, his attempted Bitcoin purchase spun wildly out of his control.  He is powerless.

His girlfriend has power:  She has the power to extract 1 BTC from a man with her feminine wiles.  Hey, can you make 1 BTC within minutes?

The man fucking her has power:  He has the Bitcoin, and she will do anything for that!  Here, it is literally fuck-you money.

Bitcoin itself has power:  King Daddy does not give a fuck what the cuckold boyfriend wants.  As a divine fiat, Bitcoin has decreed that his girlfriend is going to get fucked by a total stranger right in front of him.  And that’s that.

The worried-looking man just got cucked by Bitcoin.

Analysis based on LFC’s description.  Could be mistaken, though the “worried” shot seems to be a dead giveaway.  I did not (yet?) watch the porn.





Bit Advice


 Dear Nullius,

 Our beautiful young daughter says she's in love with a man 3 times her age.  When we question her about it, she keeps telling us she just loves a man who HoDLs; we don't even know that that means!!
 Please tell us, what we should do!

 sincerely,
 worried in WO.

Dear Mr Worried:

It seems that you disapprove of this relationship.  The reasons are of null consequence to me; that is your family business.  Regardless, if you live in a sane jurisdiction, then you have a paternal right to sue the man in court, for to stop him from marrying your daughter.

—What’s this?  All those old laws were repealed due to feminism, and a woman’s naïve, lovestruck young maiden’s unlimited, inalienable right to make drastic, life-altering decisions without patriarchal oppression?  Oh, dear me:  I forgot to turn over my calendar.  What century is this...

—What’s that?  He does not want to marry her, but is only in it for a pump-and-dump scam?  Well, I guess that you are your daughter is screwed.

The good news is that it seems she has a keen instinct for money.  If she can learn to keep her emotions out of it, she may have a fine career ahead of her.

It is a venerable profession, the oldest profession; and like any other business, it must be approached as a business:  The girls who have long-term success are those who know such business basics as pricing, market segmentation, advertising, accounting, budgeting such that revenue exceeds expenses, planning a capital reserve to cover short-term downturns in client demand, etc., etc.  Of course, the best product commands the highest prices; thus, taking into account her natural assets, your daughter can maximize her earnings potential by optimizing her skillset.

Teach her the rudiments of business administration, as are applicable to any business—and admonish her to keep her concepts straight.  By saying that she “just loves a man who HoDLs”, she means that she loves a man who has money.  This can be optimized if she admits that she loves money, period.

To avoid confusion, I should clarify that “money” is an archaic term for what most of us simply call Bitcoin.

NSA surveillance photo of you, Mr Worried:

Indeed, it may be unfortunate if you wanted grandchildren, and a continuing familial legacy.  But that would be the only rational reason to object to your daughter’s newfound profession.  She will make money, which is really important—right?  She will make more money than she would as a secretary or a kindergarten teacher, or a Human Resources meatbot—let alone if (gasp!) she were to become a housewife.  Whereas for high-income jobs, just think of the shame that you would suffer if your daughter were to become a lawyer, a politician, or an investment banker!

As a practical matter, may I suggest that you plan a liquidation phase for your investments, and make sure that you spend it all on hookers before you die.  After all, markets are subject to the law of supply and demand; and as you can see, supply is up.  If market demand does not increase commensurately, then prices will fall.  You don’t want for your daughter to be poor, do you?  Do your part to keep the market bullish by keeping your daughter’s competition busy!

Cheers from the current year,

nullius



Edit:


I rest my case.
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September 14, 2020, 08:17:42 PM
Merited by JayJuanGee (1), AlcoHoDL (1)

Settle down? No need.
She'll turn into old pussy
Gold digger or not.



#haiku
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September 14, 2020, 08:20:02 PM

Cheers from the current year,

nullius

We (royal we, por supuesto) are quite gleefully delighted for your clarification to be writing from our dear lord's "current year," since none of us in this here thread should tolerate any other means / mode of interacting with interweb avatars (potential aliens).... wwwwweeeeeee.
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September 14, 2020, 08:33:31 PM

Sometimes you haiku.
Other times your ass gets haiku'ed.
Regardless, I hodl.




A girl like that is affordable for everyone in this forum.

It is just a matter of length of time that differs.

Well at least it won't cost me more than a couple of sats!
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September 14, 2020, 08:42:35 PM
Merited by machasm (1)

A couple of sats?
Early ejaculation
Must be very quick.




#haiku
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September 14, 2020, 08:46:29 PM

Misogynous thoughts
A friend of mine died today
Bitcoin, save my mind!




#haiku
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September 14, 2020, 08:56:31 PM

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September 14, 2020, 09:04:38 PM



Nice, hope that finds its way into King BTC
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September 14, 2020, 09:13:13 PM

sorry to hear that Eddie. look after yourself eh
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September 14, 2020, 09:14:28 PM

Nice, hope that finds its way into King BTC


Champions !!!

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September 14, 2020, 09:25:43 PM

Nice, hope that finds its way into King BTC


Champions !!!



Not a tennis fan, unsure why you quoted me with this?

Congrats to him though.
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