Bitcoin Forum
June 22, 2024, 09:16:53 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Poll
Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

Pages: « 1 ... 31693 31694 31695 31696 31697 31698 31699 31700 31701 31702 31703 31704 31705 31706 31707 31708 31709 31710 31711 31712 31713 31714 31715 31716 31717 31718 31719 31720 31721 31722 31723 31724 31725 31726 31727 31728 31729 31730 31731 31732 31733 31734 31735 31736 31737 31738 31739 31740 31741 31742 [31743] 31744 31745 31746 31747 31748 31749 31750 31751 31752 31753 31754 31755 31756 31757 31758 31759 31760 31761 31762 31763 31764 31765 31766 31767 31768 31769 31770 31771 31772 31773 31774 31775 31776 31777 31778 31779 31780 31781 31782 31783 31784 31785 31786 31787 31788 31789 31790 31791 31792 31793 ... 33469 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26404696 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. (174 posts by 3 users with 9 merit deleted.)
BobLawblaw
Legendary
*
Offline Offline

Activity: 1830
Merit: 5565


Neighborhood Shenanigans Dispenser


View Profile
February 02, 2023, 04:33:58 PM
Merited by OutOfMemory (1)

"Bitcoin crashes on fears of government ban!"
"Bitcoin crashes due to another fork threat!"
Blah blah blah. Some shit, different year.  Roll Eyes

"Bitcoin crashes due to child pornography permanently written into the blockchain"

I want no part of any of that.
Torque
Legendary
*
Offline Offline

Activity: 3598
Merit: 5079



View Profile
February 02, 2023, 04:36:46 PM

"Bitcoin crashes on fears of government ban!"
"Bitcoin crashes due to another fork threat!"
Blah blah blah. Some shit, different year.  Roll Eyes

"Bitcoin crashes due to child pornography permanently written into the blockchain"

I want no part of any of that.

Yep, I first thought of that too. They always have to plant the seeds early.

Four Horsemen of the Infocalypse, FTW.

The funny thing though, we're now hip to their bullshit game. Can see it coming from a mile away.
philipma1957
Legendary
*
Offline Offline

Activity: 4158
Merit: 8051


'The right to privacy matters'


View Profile WWW
February 02, 2023, 04:48:53 PM

"Bitcoin crashes on fears of government ban!"
"Bitcoin crashes due to another fork threat!"
Blah blah blah. Some shit, different year.  Roll Eyes

"Bitcoin crashes due to child pornography permanently written into the blockchain"

I want no part of any of that.

For that matter you could put top secret documents on it.


Anyone with a full node blockchain could be accused of child porn and with treason.
ChartBuddy
Legendary
*
Online Online

Activity: 2212
Merit: 1779


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
February 02, 2023, 05:01:18 PM


Explanation
BitcoinBunny
Legendary
*
Offline Offline

Activity: 1498
Merit: 2546



View Profile
February 02, 2023, 05:33:59 PM

"Bitcoin crashes on fears of government ban!"
"Bitcoin crashes due to another fork threat!"
Blah blah blah. Some shit, different year.  Roll Eyes

"Bitcoin crashes due to child pornography permanently written into the blockchain"

I want no part of any of that.

You probably gave a couple of alpacas an idea.  Cry

JayJuanGee
Legendary
*
Offline Offline

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
February 02, 2023, 05:43:15 PM

UK interest rates to 4%

It may not sound like much but with most of the economy being used to near zero rates for over a decade I doubt this will work out well for the economy over the next few years.

I see two outcomes:
1. The higher interest rates will continue to slow down the economy hugely, a downturn in the housing market (which is already happening) with prices going down 30% (price effects are minimal at the moment with many people holding out but eventually things will shift). Rates will thus be cut pretty soon and possibly down back to 0.5% within 2 years. Inflation hopefully disappears and we may even see deflation.

2. People will weather the storm to a certain extent but will expect massive pay increases (we are still having many strikes in the UK). With layoffs in the tech sector especially I can't see this happening but IF salaries do increase inflation will simply not go away and in turn we would need even higher interest rates.

It will be interesting to see if further global events will cause even more problems: Russia either destroying Ukraine completely or giving up. The latter I can't see happening no matter how much the west wants that. Maybe things will escalate even further and give China ideas with Taiwan. China energy demand (due to reopening) leading to higher oil prices.
the rates act like a wealth transfer.
Here in the USA we are over 4 closer ro 4.5%

So a large fund in the USA is available to US government worker.  "G fund tsp" https://www.tsp.gov/funds-individual/g-fund/

It is based on bond rates and is paying about 4%. There is about 300 billion in it . It was paying 1.2% Dec 2021.

so 2.8% is 7.4 billion a year more  in interest.

from a google search :

"How much does the US have in savings accounts?
How much does the average household have in savings? While the median bank account balance is $5,300, according to the latest SCF data, the average — or mean — balance is actually much higher, at $41,600."

2.8% of 41600 = 1165 a year

So two types above are getting money moved to them here in the states.

While apple stock holders and Tesla stock holders are getting wealth taken from them.

this swing has to happen every once in a while.

go back and look at rates from 1973 to 1997 they were really high.

You are not really wrong, but it seems that you continue to just provide parts of the various formulas, and merely raising the rates now are not going to end up having the same exact results as had happened in the 70s through the 90s.  

The amount of debt is way greater both on the consumer level and the governmental level, and they are largely creating the appearance of being responsible in term of raising interest rates, but the whole situation is in such a bad place right now, that the best that can be done is to delay it from collapsing.. so stop implying that we are in some kind of a cyclical healthy place, when instead the current rate rises in the US are desperation moves that may well be amongst the better plays to delay the implosion and to try to suck all the liquidity on a global basis - rather than in 70s-90s, the dollar had less ability to suck global liquidity. ..

so yeah, the current appearance of "tightening the belt" - while continuing to print dollars (on the sly), are likely going to delay the implosions perhaps for another 10 years (maybe if it can make it that long?)... and you better make sure that you have some bitcoin rather than getting lured into locking too much of your value into dollars for the yields.

Don't get me wrong, I am no fucking way suggesting to allocate into bitcoin in ways that fail/refuse to keep enough dollars because we all are likely better off if we try to maintain some feet in both worlds (the dollar system and the bitcoin system), and try to do our best to balance our lives as best we can so we do not become a casualty.. and yeah, since bitcoin is still very early, you likely don't even need a whole hell of a lot allocated to bitcoin - perhaps 1% to  5% is sufficient, but surely it is quite likely to pay off way better to be higher in terms of your assertiveness (aggressiveness) in regards to your bitcoin allocation - perhaps in the 15% to 25% allocation arena.. even though yeah, some more elderly people (or others with a shorter investment timeline) might be concerned about their timeline need for dollars, so it may well NOT be prudent for them to be as aggressive in their bitcoin allocation, and they may well be better off to allocate at lower levels.  

So yeah try to be aggressive in bitcoin without getting too greedy - and stop focusing so much on dollars, even though sure dollars are currently the most liquid of assets and dollars are the risk off asset that people flee into during periods of seeming crisis, but dollars are not good investments because even if the Fed (and USA govt) is trying to make it seem as if the dollar is sound money and that it is not going to implode merely because it is the strongest of the weak assets, when we compare to real sound money such as bitcoin (and other hard assets, to the extent that their values have not been overly perverted by various smoke and mirror overly-leveraged debt systems).

TLDR.. don't get too distracted philip.. maybe you should be trying to start your analysis with bitcoin rather than from the perspective of the dollar in order to get your priorities straight, even though you surely are not completely wrong in terms of some likely ability that Fed (and dollar) systems are going to be able to be propped up for several years into the future.. perhaps even 5-10 years or more.. but if you do not make sure that you are insured with bitcoin, you are going to get fucked.. if you fail/refused to adequately allocate to bitcoin, whether that is 1-25% or some other amount.. I know that you likely fit within the 1-25%, and you likely should have more, but you keep getting distracted into buying solar panels and mines that may or may not be a good deal in terms of general applicability, even though you seem to get some pleasures (and therefore) value from employing your time and energies in terms of creating more work for ur lil selfie.... hahahahahaha

I hope there won't be the same 2017 discussion about spam transactions and blocksize again  Roll Eyes
but then... maybe we also get another big fork aka free money again .... I'd say bring it on  Cheesy
Yeah, that bullshit data cost 1/4 as much per byte as the actual useful part of the transaction. Well done, I guess.

A costly move it won't be affordable to do this a lot.
Don't worry, Core got em covered.

You still sound bitter, Richy..

hahahahahahaha

But at least you seem to be a bitter bitcoiner (for the time being) Wink, and you seem to have had lessened your inclinations towards shitcoins.**

**perhaps you learned some lessons in recent years, partly? - I get the feeling that you are inclined to jump ship at any sign of that we start to take on water.. #justsaying.. On a brighter side of matters, the world needs all kinds, and bitcoin includes everyone.. , even the seemingly ongoingly bitter-disgruntled ones, like uie-pooie.. and thanks for not taking Chartbuddy away again, so far.).. ..
ChartBuddy
Legendary
*
Online Online

Activity: 2212
Merit: 1779


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
February 02, 2023, 06:01:22 PM


Explanation
macson
Full Member
***
Offline Offline

Activity: 1050
Merit: 146


View Profile
February 02, 2023, 06:07:54 PM

"Bitcoin crashes on fears of government ban!"
"Bitcoin crashes due to another fork threat!"
Blah blah blah. Some shit, different year.  Roll Eyes

"Bitcoin crashes due to child pornography permanently written into the blockchain"

I want no part of any of that.
I don't know what's going on here.... but this sounds horrible to me Sad
Lainta
Member
**
Offline Offline

Activity: 227
Merit: 38

Bisq Market Day - March 20th 2023


View Profile
February 02, 2023, 06:09:53 PM

 Cheesy Grin



https://twitter.com/BitcoinMagazine/status/1621200729691111424?t=Dtc9XblobxtnbJOoYi_eWg&s=19
JayJuanGee
Legendary
*
Offline Offline

Activity: 3752
Merit: 10428


Self-Custody is a right. Say no to"Non-custodial"


View Profile
February 02, 2023, 06:41:07 PM

I've had some time to sleep and think on this, now, and the more I think about it, I'm just left terrified about the implications this ordinal stuff has for Bitcoin.

I see it as a very real existential threat.

I sincerely hope I am dead wrong.

You need to explain more, beyond just "having a feeling"....

If you think that bad actors are going to go in and mark a bunch of satoshis and cause them to be less fungible than other satoshis, then what?  The unmarked ones will be more valuable, no? Won't it all work itself out, and yeah, maybe we ONLY end up with a way smaller number of bitcoin (satoshis).. instead of 2.1 Quadrillion satoshis, we ONLY have 50 Trillion fungible ones, so then what?  We can just figure out ways to recognize smaller units, no?   Recognizing smaller units does not affect the total supply of bitcoin even if some were lost along the way and merely because some people (even bad actors) ended up contaminating their satoshis with "ordinal stuff," right?

I've had some time to sleep and think on this, now, and the more I think about it, I'm just left terrified about the implications this ordinal stuff has for Bitcoin.
I see it as a very real existential threat.
I sincerely hope I am dead wrong.
Look on the bright side; it means more bitcoin for philipma1957.

He "needs" them for sure.  Whether he "deserves" them might be another question, yet king daddy do not care anyhow.
cygan
Legendary
*
Offline Offline

Activity: 3192
Merit: 8191


Crypto Swap Exchange


View Profile WWW
February 02, 2023, 06:54:18 PM
Merited by OROBTC (1)

ChartBuddy
Legendary
*
Online Online

Activity: 2212
Merit: 1779


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
February 02, 2023, 07:01:18 PM


Explanation
nutildah
Legendary
*
Offline Offline

Activity: 3024
Merit: 8143



View Profile WWW
February 02, 2023, 07:12:16 PM
Merited by BobLawblaw (10), JayJuanGee (1)

"Bitcoin crashes on fears of government ban!"
"Bitcoin crashes due to another fork threat!"
Blah blah blah. Some shit, different year.  Roll Eyes

"Bitcoin crashes due to child pornography permanently written into the blockchain"

I want no part of any of that.

Well they already put goatse on there  Cheesy

It was quickly censored.

https://cointelegraph.com/news/bitcoin-ordinals-creators-look-for-fix-after-first-instance-of-shock-porn

It was censored the same way that nefarious links added to the blockchain are censored by most blockchain data reading websites. This one I think contains all of them uncensored. Its maintained by a forum member, Anduck.

https://bitcoinstrings.com/all
BillyCoiner
Jr. Member
*
Offline Offline

Activity: 47
Merit: 25


View Profile
February 02, 2023, 07:50:36 PM

Nice bear market rally.

Don’t be too happy.

12k coming fags.
ChartBuddy
Legendary
*
Online Online

Activity: 2212
Merit: 1779


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
February 02, 2023, 08:01:17 PM


Explanation
Hyperjacked
Legendary
*
Offline Offline

Activity: 1610
Merit: 1119


It's all mathematics...!


View Profile
February 02, 2023, 08:39:48 PM
Merited by JayJuanGee (1)




Where is the guy with McDonald’s hat… counting sats . 😝
Hyperjacked
Legendary
*
Offline Offline

Activity: 1610
Merit: 1119


It's all mathematics...!


View Profile
February 02, 2023, 08:41:43 PM
Merited by Hueristic (1)

Nice bear market rally.

Don’t be too happy.

12k coming fags.

Fat chance billy bob… sorry you didn’t get the bottoms in memo at 17k$ 😝
ChartBuddy
Legendary
*
Online Online

Activity: 2212
Merit: 1779


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
February 02, 2023, 09:01:21 PM


Explanation
ChartBuddy
Legendary
*
Online Online

Activity: 2212
Merit: 1779


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
February 02, 2023, 10:01:18 PM


Explanation
BitcoinBunny
Legendary
*
Offline Offline

Activity: 1498
Merit: 2546



View Profile
February 02, 2023, 10:08:21 PM

Nice bear market rally.

Don’t be too happy.

12k coming fags.

Fat chance billy bob… sorry you didn’t get the bottoms in memo at 17k$ 😝


Pages: « 1 ... 31693 31694 31695 31696 31697 31698 31699 31700 31701 31702 31703 31704 31705 31706 31707 31708 31709 31710 31711 31712 31713 31714 31715 31716 31717 31718 31719 31720 31721 31722 31723 31724 31725 31726 31727 31728 31729 31730 31731 31732 31733 31734 31735 31736 31737 31738 31739 31740 31741 31742 [31743] 31744 31745 31746 31747 31748 31749 31750 31751 31752 31753 31754 31755 31756 31757 31758 31759 31760 31761 31762 31763 31764 31765 31766 31767 31768 31769 31770 31771 31772 31773 31774 31775 31776 31777 31778 31779 31780 31781 31782 31783 31784 31785 31786 31787 31788 31789 31790 31791 31792 31793 ... 33469 »
  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!