Bitcoin Forum
September 27, 2021, 08:33:11 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When will we see a new ATH?
October - 19 (25%)
November - 13 (17.1%)
December - 24 (31.6%)
2022 - 12 (15.8%)
After 2022 - 8 (10.5%)
Total Voters: 76

Pages: « 1 ... 28692 28693 28694 28695 28696 28697 28698 28699 28700 28701 28702 28703 28704 28705 28706 28707 28708 28709 28710 28711 28712 28713 28714 28715 28716 28717 28718 28719 28720 28721 28722 28723 28724 28725 28726 28727 28728 28729 28730 28731 28732 28733 28734 28735 28736 28737 28738 28739 28740 28741 [28742] 28743 28744 28745 28746 28747 28748 28749 28750 28751 28752 28753 28754 28755 28756 28757 28758 28759 28760 28761 28762 28763 28764 28765 28766 28767 28768 28769 28770 28771 28772 28773 28774 28775 28776 28777 28778 28779 28780 28781 28782 28783 28784 28785 28786 28787 28788 28789 28790 28791 28792 ... 29570 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25444349 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.)
d_eddie
Legendary
*
Offline Offline

Activity: 1554
Merit: 1429



View Profile
May 11, 2021, 01:08:29 AM

1. "Could 1b USDT 'fix' the daily RSI?"
2. "Over how many days should this money be spread upon?"
3. "How many coins would someone have to sell to push the price down to 50k?".

My trusted analyst qualitatively hinted that I have too much focus on the short term.
Falling for FOMO am I? Where Lambo? Sh**, I should have bought doge...  Embarrassed
1632774791
Hero Member
*
Offline Offline

Posts: 1632774791

View Profile Personal Message (Offline)

Ignore
1632774791
Reply with quote  #2

1632774791
Report to moderator
1632774791
Hero Member
*
Offline Offline

Posts: 1632774791

View Profile Personal Message (Offline)

Ignore
1632774791
Reply with quote  #2

1632774791
Report to moderator
1632774791
Hero Member
*
Offline Offline

Posts: 1632774791

View Profile Personal Message (Offline)

Ignore
1632774791
Reply with quote  #2

1632774791
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1632774791
Hero Member
*
Offline Offline

Posts: 1632774791

View Profile Personal Message (Offline)

Ignore
1632774791
Reply with quote  #2

1632774791
Report to moderator
Biodom
Legendary
*
Offline Offline

Activity: 2800
Merit: 1993



View Profile
May 11, 2021, 01:20:43 AM

If any of you are not in US and some other countries (OK for EU), and can invest 200K euro (for 2000TH), consider this:
https://stokr.io/blockstream-mining/pitch
Nice graphs are presented, but there is a catch-you only get ALL your mined btc in 3 years.
It does not seem too many takers 6 days from conclusion.
I guess getting in all at the end is a bit weird.

Minimum 200k, and qualified investor status.

If they really wanted to involve more people, they'd lower the minimum stake significantly. 200k locked for 3 years doesn't sound a super exciting prospect. Insurance for the winter, possibly? At 200k a pop it's still not attractive as a lambo with the customary complement.

Well, 2000Th is roughly 20 S19, which go for $12-15K a pop on ebay (there are NONE for sale by the manufacturer until...who knows when [unclear]) which is pretty close to 200000 euro. Yep, they could have made it a bit more 'bargainy' and it shows.
Biodom
Legendary
*
Offline Offline

Activity: 2800
Merit: 1993



View Profile
May 11, 2021, 01:56:34 AM
Merited by JayJuanGee (1)

one thing occurred to me..with all those people negging on the "use of energy"...it has to be that use of energy that might be important to put value into btc (and Saylor often talks about it).

If NOTHING was used, I have difficulty understanding the "true" value claimed to be created.
It becomes more like a ethereal game of sorts, but even gamers understand that their games consume quite a bit of energy.

There has to be some math behind the fact that you are typically using energy to create anything of value.
A connection between energy and information, perhaps?
Like here:
https://physics.stackexchange.com/questions/38368/how-is-there-a-connection-between-energy-and-information
franky1
Legendary
*
Offline Offline

Activity: 3262
Merit: 2145



View Profile
May 11, 2021, 02:18:29 AM
Merited by suchmoon (9), JayJuanGee (1)

blockstream 2000th
=0.01btc a day for 14days=0.14btc
difficulty adjustment 5%=5% less per fortnight

daily                 fortnightly
0.01000000   0.14000000
0.00950000   0.13300000
0.00902500   0.12635000
0.00857375   0.12003250
0.00814506   0.11403088
0.00773781   0.10832933
0.00735092   0.10291287
0.00698337   0.09776722
0.00663420   0.09287886
0.00630249   0.08823492
0.00598737   0.08382317
0.00568800   0.07963201
0.00540360   0.07565041
0.00513342   0.07186789
0.00487675   0.06827450
0.00463291   0.06486077
0.00440127   0.06161773
0.00418120   0.05853685
total after 9month   1.68779991
total after 36month    2.73029601

so they want you to pay them 3.448btc now ($200k at~$57k/btc)
to receive 2.73btc in 3 years

anyone see the problem 3.448 in...2.73out
Richy_T
Legendary
*
Offline Offline

Activity: 1610
Merit: 1329


1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


View Profile
May 11, 2021, 02:19:41 AM

one thing occurred to me..with all those people negging on the "use of energy"...it has to be that use of energy that might be important to put value into btc (and Saylor often talks about it).

If NOTHING was used, I have difficulty understanding the "true" value claimed to be created.
It becomes more like a ethereal game of sorts, but even gamers understand that their games consume quite a bit of energy.

There has to be some math behind the fact that you are typically using energy to create anything of value.
A connection between energy and information, perhaps?
Like here:
https://physics.stackexchange.com/questions/38368/how-is-there-a-connection-between-energy-and-information

That sounds a little like it's swinging towards the labor theory of value which has been completely debunked for a long time. Not that I think that's what you're aiming for but be careful.

The simple truth is that something of value is being provided and that justifies the energy used. Could it be done another way with less energy? Well, (ignoring that the block reward is still quite high which may actually be quite important), I would say no. The point is that you have to put something in to make sure you have skin in the game and to keep everyone honest. I really don't see proof of stake working out.

One thing I will put in is that the size of a block is independent from the power put into hashing it. So if one wanted to be eco friendly, it would not be hard to increase the transactions per Watt. I leave how to your imagination Smiley



That makes me think, was the Blockstream hit piece above created by big blockers? I'm no fan of Blockstream but don't think such tactics would very honorable. Plus it sets a bad precedent wrt the energy usage argument.



so they want you to pay them 3.448btc now ($200k)
to receive 2.73btc in 3 years


Hah, I'm sure something probably got lost in the translation. Though I definitely don't have a good opinion on Blockstream's math capabilities. This smells more to me like the VC money is running out.
Richy_T
Legendary
*
Offline Offline

Activity: 1610
Merit: 1329


1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


View Profile
May 11, 2021, 02:36:04 AM

One interesting thing to consider in the rise of the alts is that many smaller coins have been skating by on being too small to be worth attacking. Things could get interesting if someone decides to take a competitor down a peg or two. Doge and Litecoin are neck-and-neck on scrypt right now and I assume they are the two largest (?)
Biodom
Legendary
*
Offline Offline

Activity: 2800
Merit: 1993



View Profile
May 11, 2021, 02:36:29 AM

blockstream 2000th
=0.01btc a day for 14days=0.14btc
difficulty adjustment 5%=5% less per fortnight

daily                 fortnightly
0.01000000   0.14000000
0.00950000   0.13300000
0.00902500   0.12635000
0.00857375   0.12003250
0.00814506   0.11403088
0.00773781   0.10832933
0.00735092   0.10291287
0.00698337   0.09776722
0.00663420   0.09287886
0.00630249   0.08823492
0.00598737   0.08382317
0.00568800   0.07963201
0.00540360   0.07565041
0.00513342   0.07186789
0.00487675   0.06827450
0.00463291   0.06486077
0.00440127   0.06161773
0.00418120   0.05853685
total after 9month   1.68779991
total after 36month    2.73029601

so they want you to pay them 3.448btc now ($200k at~$57k/btc)
to receive 2.73btc in 3 years

anyone see the problem 3.448 in...2.73out

well, it is not my fundraise, so I am just a poster, but 5% adjustment per period is questionable going forward.
In fact, there were similar calculations pooh-pooing buying of miners (s17, t17) before and immediately after the last halving.
They paid off spectacularly, even in btc.
Plus, it is aimed at those with euro, not btc. Mining smoothes out the return ( you are not buying a lump sum of btc at the current price).
They just have a price a bit too high, we both agree on this. About 20% less would have been prudent.
franky1
Legendary
*
Offline Offline

Activity: 3262
Merit: 2145



View Profile
May 11, 2021, 02:39:54 AM

One thing I will put in is that the size of a block is independent from the power put into hashing it. So if one wanted to be eco friendly, it would not be hard to increase the transactions per Watt. I leave how to your imagination Smiley

any household node.. even a raspberry Pi can process block transaction data. no issue
even the devs have said 4mb of data is not an issue for he network

asic miners do not process transactions.
block size is NOT dependant on miners
whether a block is empty or has 20 terrabytes of data per block.
the hash that is sent to an asic is the same length every time

an asic only touches a hash. not the block data
it does not cost miners more to process more transactions

hashrate has no correlation or impact on transaction count limit
transaction count has no correlation/impact on hashrate
xhomerx10
Legendary
*
Offline Offline

Activity: 2884
Merit: 4169


Go! BTC Go!


View Profile
May 11, 2021, 02:48:01 AM

blockstream 2000th
=0.01btc a day for 14days=0.14btc
difficulty adjustment 5%=5% less per fortnight

daily                 fortnightly
0.01000000   0.14000000
0.00950000   0.13300000
0.00902500   0.12635000
0.00857375   0.12003250
0.00814506   0.11403088
0.00773781   0.10832933
0.00735092   0.10291287
0.00698337   0.09776722
0.00663420   0.09287886
0.00630249   0.08823492
0.00598737   0.08382317
0.00568800   0.07963201
0.00540360   0.07565041
0.00513342   0.07186789
0.00487675   0.06827450
0.00463291   0.06486077
0.00440127   0.06161773
0.00418120   0.05853685
total after 9month   1.68779991
total after 36month    2.73029601

so they want you to pay them 3.448btc now ($200k at~$57k/btc)
to receive 2.73btc in 3 years

anyone see the problem 3.448 in...2.73out

 $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. 
 
franky1
Legendary
*
Offline Offline

Activity: 3262
Merit: 2145



View Profile
May 11, 2021, 02:54:41 AM

..
=0.01btc a day for 14days=0.14btc
difficulty adjustment 5%=5% less per fortnight
...
total after 36month    2.73029601

so they want you to pay them 3.448btc now ($200k at~$57k/btc)
to receive 2.73btc in 3 years

anyone see the problem 3.448 in...2.73out

but 5% adjustment per period is questionable going forward.
In fact, there were similar calculations pooh-pooing buying of miners (s17, t17) before and immediately after the last halving.
They paid off spectacularly, even in btc.
Plus, it is aimed at those with euro, not btc. Mining smoothes out the return ( you are not buying a lump sum of btc at the current price).
They just have a price a bit too high, we both agree on this. About 20% less would have been prudent.

in the last 6 months. there have been a few difficutly adjustments exceeding 10%. so 5% was quite fair.

i also have looked into some asic studies of this month.
such as slush pool 'active workers' have a 25% using s19 and 75% using s9..so there is still alot of hardware upgrading to do yet

oh and the pitch is not about euros
Dr.Back"If you hold Bitcoin or your business relies on it, you have an incentive to directly participate in mining"

seems he is preaching to those that already have coin.. not euros

but if you only hold euros.
and you done some maths and worked out you can get 2.73btc but only if you hand in a lump sum now. and wait 3 years..
or
buy up 3.448 now. .. no delay. no risk of loss no risk of company liquidating no risk of 'we been hacked'
which would you choose

$200k now...3.448btc now no delay
$200k now... 2.73btc later. maybe with many if's
franky1
Legendary
*
Offline Offline

Activity: 3262
Merit: 2145



View Profile
May 11, 2021, 02:59:59 AM

$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
Richy_T
Legendary
*
Offline Offline

Activity: 1610
Merit: 1329


1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k


View Profile
May 11, 2021, 03:20:42 AM

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
Legendary
*
Offline Offline

Activity: 2800
Merit: 1993



View Profile
May 11, 2021, 05:10:04 AM

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
Legendary
*
Offline Offline

Activity: 2884
Merit: 4169


Go! BTC Go!


View Profile
May 11, 2021, 05:47:10 AM
Merited by LoyceV (2), vapourminer (1), JayJuanGee (1), Torque (1), AlcoHoDL (1)

$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
Jr. Member
*
Offline Offline

Activity: 31
Merit: 7


View Profile WWW
May 11, 2021, 06:43:00 AM

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  Wink
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  Cool
You did give hats out to a lot of wronguns though. You have yourself to blame as to why I'm here  Grin
aesma
Hero Member
*****
Offline Offline

Activity: 1554
Merit: 671


fly or die


View Profile
May 11, 2021, 07:10:58 AM

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_
Legendary
*
Online Online

Activity: 1554
Merit: 6609


ATH enthousiast, currently McDonalds enthousiast.


View Profile
May 11, 2021, 07:15:07 AM



Why no szuckerpump  Roll Eyes
Arriemoller
Legendary
*
Offline Offline

Activity: 1694
Merit: 1205


Justitia arma requirit


View Profile
May 11, 2021, 07:30:28 AM

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  Wink
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
Full Member
***
Offline Offline

Activity: 161
Merit: 209


View Profile
May 11, 2021, 09:09:13 AM

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
Legendary
*
Offline Offline

Activity: 3682
Merit: 2019



View Profile
May 11, 2021, 09:10:30 AM
Merited by El duderino_ (5), xhomerx10 (1), Farmer Bill (1)

Why no szuckerpump  Roll Eyes

... 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!?
Pages: « 1 ... 28692 28693 28694 28695 28696 28697 28698 28699 28700 28701 28702 28703 28704 28705 28706 28707 28708 28709 28710 28711 28712 28713 28714 28715 28716 28717 28718 28719 28720 28721 28722 28723 28724 28725 28726 28727 28728 28729 28730 28731 28732 28733 28734 28735 28736 28737 28738 28739 28740 28741 [28742] 28743 28744 28745 28746 28747 28748 28749 28750 28751 28752 28753 28754 28755 28756 28757 28758 28759 28760 28761 28762 28763 28764 28765 28766 28767 28768 28769 28770 28771 28772 28773 28774 28775 28776 28777 28778 28779 28780 28781 28782 28783 28784 28785 28786 28787 28788 28789 28790 28791 28792 ... 29570 »
  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!