Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[franky1]

$200k now for $2.73 mill in 3 years seems pretty sweet.  Of course, you could just buy the $200k worth of bitcoin now and wait; forego the mining, electricity cost and pain in the ass. 

... you hope btc is $1m each in 3 years..
but lets say it was

as you say 3.448btc now($200k) = $3.448mill in 3 years

so which will you prefer
$200k now for an if.maybe.hope of 2.73btc
$200k now for guaranteed 3.448btc

i know what im choosing

remember..
if a company can make profit. why would they give it all away..
those outside their internal group of special investors(themselves) wont get as much out as those in the internal group

they dont give money away for nothing

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[Richy_T]

Of course, you could just buy the $200k worth of bitcoin now and wait; forego the mining, electricity cost and pain in the ass. 
 

I didn't realize there was any requirement to interact with Greg Maxwell.

[Biodom]

OT: ICP, lol. A monstrosity creature of the Valley venture capitalists.
Those who invested in the seed (not myself, unfortunately, missed it by 2wk of not paying attention) made out like bandits, but going forward $210bil fully diluted, he he.
...and they were complaining about little doggie.

[xhomerx10]

$200k now for $2.73 mill in 3 years seems pretty sweet.  Of course, you could just buy the $200k worth of bitcoin now and wait; forego the mining, electricity cost and pain in the ass. 

... you hope btc is $1m each in 3 years..
but lets say it was

as you say 3.448btc now($200k) = $3.448mill in 3 years

so which will you prefer
$200k now for an if.maybe.hope of 2.73btc
$200k now for guaranteed 3.448btc

i know what im choosing

remember..
if a company can make profit. why would they give it all away..
those outside their internal group of special investors(themselves) wont get as much out as those in the internal group

they dont give money away for nothing

 Why do people say, "if a company can make a profit why would they give it all away"?
How about if you make a deal to sell me a mining device, shipped to me by a certain date and then I pay you in advance for that miner so you have the funds required to make it all happen (and make yourself a nice little profit on the deal), then you fucking send me the device as promised and not fuck around mining with the devices and making all manner of excuses while waiting for more "parts" to make your customers' miners.  I believe that's called fraud. It's water under the bridge now but in the early days of mining, they were nearly all scammers - taking pre-order money and mining with the first devices off the press.  KNC's first device was the model for what miner sales should be like - they even shipped on time and with a better hashing rate than promised.  It was downright refreshing to say the least.  I imagine many people were able to make more bitcoin than they might have been able to buy at the time of sale with their money on those particular miners.  It didn't take long for Sam and Co to slide on over to the dark side though.

  Once video cards were useless for mining bitcoin, I considered myself lucky enough to be screwed over a couple of times very early by ASIC manufacturers/sellers.   With very few exceptions, it's never been worth it to mine as opposed to buying bitcoin since that time - the only thing that makes it seem attractive is the fact that the price of bitcoin continues to rise.  So you would have been able to buy 40 block eruptors and 4 X 10-port USB3 hubs for ~ $1100 (10 BTC at the time... hypothetically speaking) only to have them become useless for mining in mere months due to the difficulty increases after pumping out just under 1 bitcoin for you.  It's all good though because bitcoin went from $90 to $1200 during November that same year - you feel redeemed anyway.  I know some people claim to be able to make a profit mining but you need to be able to find really cheap energy in order to eek out a profit from mining.  In fact, I remember reading an article where NG Zhang of Caanan said  that margins were very tight due to the competition in the mining business - 10% if you were lucky.

 I choose not to mine ever again - I'm not even interested anymore.  I'll just leave that to the amateurs who don't know any better and the pros who do.

 Remember..
  fraudulent misrepresentation.

[thewaterloggers]

Your short post history is pretty much the same. This way, I think you are not going to become very popular here.

Not looking for popularity from an Internet Forum. Only sharing innovative ways to promote Bitcoin to the community via education and ecology.
Take it or leave it. If the innovation is too much for moderators, they can continue deleting  
Anyone else managed to promote Bitcoin on Mothers Day or just me?
I hope that was a long enough comment for you to share knowledge.

I smell a Cuntonian...
Have you ever heard about Kathleen's bike?

I have no idea what you mean. All I know is that I still love & wear the hat you gave me sometime ago  
You did give hats out to a lot of wronguns though. You have yourself to blame as to why I'm here  

[aesma]

Hello all. Anyone trying to trade the current back and forth ? I'm bad at trading so I'm only using fiat, and fiat I don't need. So either I earn more fiat (and can keep the earnings in either fiat or BTC or a bit of both) or if the price goes down I'm holding "expensive" BTC.

No leverage of course.

I started a few days ago and so far it has worked well.

[El duderino_]

Why no szuckerpump 

[Arriemoller]

Your short post history is pretty much the same. This way, I think you are not going to become very popular here.

Not looking for popularity from an Internet Forum. Only sharing innovative ways to promote Bitcoin to the community via education and ecology.
Take it or leave it. If the innovation is too much for moderators, they can continue deleting  
Anyone else managed to promote Bitcoin on Mothers Day or just me?
I hope that was a long enough comment for you to share knowledge.

I smell a Cuntonian...
Have you ever heard about Kathleen's bike?

Ahh, Kathleens bike. https://www.youtube.com/watch?v=3sxLp9YRpg8

[Farmer Bill]

Tested 53k again and held.
Desperadoes lining up to give away their coin to both the shakers and Mrs. Farmer who stacked a little more at $53.8k

Ignore the troll - 'altogether grews'.

Coffee finished long day ahead.

[marcus_of_augustus]

Why no szuckerpump  

... it all depends on what Zuckerberg does with his goats I'm guessing, it's a kind of too-clever-by-a-half cryptic message?

... like what if he is a goatzucker?


... does he go Max all-in Bitcoin? ride it like a maniac while screaming Gemini-Winklevi!?

[Farmer Bill]

Why no szuckerpump 

... it all depends on what Zuckerberg does with his goats I'm guessing, it's a kind of too-clever-by-a-half cryptic message?

... like what if he is a goatzucker?


... does he go Max all-in Bitcoin? ride it like a maniac while screaming Gemini-Winklevi!?

1 merit for making me laugh out loud, that insane image will stay in my head for the rest of the day.

[LoyceV]

So, the lizard posts his food!

(image source)

[shahzadafzal]

What these lizard men are doing? Any idea?



Edit:
77% Yes
Who are these goats voting for doge dog??

[BitcoinBunny]

[Parazyd]

Wish I had merit to send for this

+1 WOs Merit at least!

[Kylapoiss]

25 degrees outside, sun is shining, made me buy some more BTC.

Life's good.

[Kylapoiss]

Wish I had merit to send for this

+1 WOs Merit at least!

I gave him 2, one from you one from me.

[somac.]

Doing my daily look at the mempool and the damn thing is near empty. 1 sat fees are now being processed now, so a great time to make some transactions.

Curious about ETH strength of late, I take a look at their mempool. Full, massivily full, and has been since the start of this year. Of course high fees are the norm but I think what this also says is that there is a tonne of consistant demand out there on their network, BTC looks like a ghost town in comparison. Now I realise this is because their network is clogged up with all sorts of silly shit (and BTC hash has increased), but if this demand is maintained (and I'm sure no one here wants to hear this), we have to consider the very likely possibility that ETH will eventually beat out BTC for the number one spot.

Yes ETH is a centralized shitcoin and a mess in so many ways, but nobody seems to care about that. The attitude is "well they'll solve all those problems with future updates". Maybe they will, maybe they won't. Either way I don't think it matters. ETH has their network effect, just like BTC does, there will be no ETH killer, but with all the extra shit that is flooding their network as time goes on, how could it not beat BTC, the digital gold that everyone just hodls but doesn't do much else with.

I won't be investing in it, but also don't want to be disappointed when (if) it does unseat BTC. I don't think it will be able to take BTC place this cycle either, but next on, maybe.

I hope I am wrong.

[eXPHorizon]

https://www.youtube.com/watch?v=pgCNLULG7uY


They are part of the "Pledge" 

[MERlT]

Doing my daily look at the mempool and the damn thing is near empty. 1 sat fees are now being processed now, so a great time to make some transactions.

Curious about ETH strength of late, I take a look at their mempool. Full, massivily full, and has been since the start of this year. Of course high fees are the norm but I think what this also says is that there is a tonne of consistant demand out there on their network, BTC looks like a ghost town in comparison. Now I realise this is because their network is clogged up with all sorts of silly shit (and BTC hash has increased), but if this demand is maintained (and I'm sure no one here wants to hear this), we have to consider the very likely possibility that ETH will eventually beat out BTC for the number one spot.

Yes ETH is a centralized shitcoin and a mess in so many ways, but nobody seems to care about that. The attitude is "well they'll solve all those problems with future updates". Maybe they will, maybe they won't. Either way I don't think it matters. ETH has their network effect, just like BTC does, there will be no ETH killer, but with all the extra shit that is flooding their network as time goes on, how could it not beat BTC, the digital gold that everyone just hodls but doesn't do much else with.

I won't be investing in it, but also don't want to be disappointed when (if) it does unseat BTC. I don't think it will be able to take BTC place this cycle either, but next on, maybe.

I hope I am wrong.

Everybody can see the scam, yet all the so called "crypto" podcasters are ignoring it, and not just the shitcoin pumpers and dumpers podcasters.

Binance bought "Coinmarketcap" to control the MSM of price of every shitcoin and altcoin created. Even the BITCOIN price relies on this shit website, yet all the alleged Bitcoin OG'S and the shitcoin pumpers and dumpers don't say a word about this cluster fuck!, I wonder why that is?