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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (10.6%)
8/4 - 16 (15.4%)
8/11 - 7 (6.7%)
8/18 - 6 (5.8%)
8/25 - 7 (6.7%)
After August - 56 (53.8%)
Total Voters: 104

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26461207 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.)
cygan
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March 05, 2023, 04:25:29 PM
Merited by vapourminer (1), JayJuanGee (1)

philipma1957
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March 05, 2023, 04:29:31 PM



Maybe or maybe in 2056 or 2072 a frozen coin rule is done.

Any account that has not made a withdrawal in 60 years must take some coin out or it is fed back into the reward system as lost currency.

if it is 2072 and btc is 1 million dollars with 1 million coins frozen from 2009 to 2012 I could see this happening.

But I would be 115 years old to be able to see it. Grin
JayJuanGee
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March 05, 2023, 04:46:01 PM

[edited out]
Right I get that. But as I said btc could go to 100-500k and do it quickly.

Price changes do no lopsiddedly (or disproportionately) benefit one side over the other... meaning that merely because the price goes up, it does not likely disproportionately benefit the attackers over the defenders (sure much of this is theory, so it would have to get put to play to really verify the extent to which the incentives might either hold up or crumble in unexpected ways, but you filly willy are not providing any evidence to really suggest that either factually or logically that automatically the attackers are going to be benefited merely because BTC prices go up or some other matter changes in bitcoin, and surely I will grant you that the more quickly that anything changes, the more likely that it is easier to attack, but we do not even have evidence that a 5 to 25x change in price from here, in a quick manner would be enough in order to create the level of instability that you are hypothesizing as if it were a likely scenario).

Remember the hashrate attack done in 2021

a 50% drop in mining due to a Chinese mining ban.

How about right now Chinese government direct controls 20% of all mining gear.

They could slash the hashrate by 20% on day 1 of the 14 days.

In fact there is evidence this is being tested as I type.

I will post a link.

Yeah.. and how did that 2021 situation go for China..

That would have been a pretty good opportunity to put a 51% attack test into practice.. but they did not do it (if they had been planning to do such?  I am not saying that I know, but it had seemed like it could have been possible that the Chinese were in a decently good place to make 51% attack in 2021, and it is going to be a wee bit harder after a couple of more years of network building and experience (seemingly largely from the mining angle of "network building")

How would you like btc to be 500k in 2029 and the networks drops 65% of its hash on day 1 of the diff adjustment.

BTW I have seen these very deep early drops during the first 100 blocks of a new 14 day period on more than 1 occasion.

Yes.. you have quite a bit of theoretical discussion regarding how an attack might play out.. and even regarding some potential (theoretical) set ups for an attack, and it seems to me to be a pretty expensive play.. and let's see if such a thing happens.. To me, such attacks to be carried out successfully and even sustainably in a way to keep network effects in such a way that allows an actual payoff for the attacker (sure they might want to merely kill bitcoin, but that would be expensive too) does not seem as likely as you seem to be making it out to be (maybe that's part of the reason that you have been historically failing/refusing to sufficiently and adequately stack dee cornz?)


Maybe or maybe in 2056 or 2072 a frozen coin rule is done.

Any account that has not made a withdrawal in 60 years must take some coin out or it is fed back into the reward system as lost currency.

if it is 2072 and btc is 1 million dollars with 1 million coins frozen from 2009 to 2012 I could see this happening.

But I would be 115 years old to be able to see it. Grin

Yes.. you have a lot of dumb fringe ideas, and I am not even suggesting that your ideas are very original.... but they surely are based on fantasy like scenarios that are in the ballpark of almost impossible to happen (if all actual relevant - and more likely - factors were to be taken into account).

Part of the reason that you are likely going to continue to have fun staying more poor than you otherwise "could have been."  

In udder wurds, no one can save you, if you are not willing to save ur lil selfie.


Pour one out 4 dee filly.

 Cry Cry Cry Cry


I am not even going to proclaim that you are retarded.

Not going to go there.. Not going to go there.
AlcoHoDL
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March 05, 2023, 04:50:26 PM
Merited by JimboToronto (1), JayJuanGee (1)



Maybe or maybe in 2056 or 2072 a frozen coin rule is done.

Any account that has not made a withdrawal in 60 years must take some coin out or it is fed back into the reward system as lost currency.

if it is 2072 and btc is 1 million dollars with 1 million coins frozen from 2009 to 2012 I could see this happening.

But I would be 115 years old to be able to see it. Grin

I don't think you'll see it. And that's not because of your age.

That's Craig S. Wright's kind of thinking... Won't happen.
philipma1957
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March 05, 2023, 04:56:16 PM



Maybe or maybe in 2056 or 2072 a frozen coin rule is done.

Any account that has not made a withdrawal in 60 years must take some coin out or it is fed back into the reward system as lost currency.

if it is 2072 and btc is 1 million dollars with 1 million coins frozen from 2009 to 2012 I could see this happening.

But I would be 115 years old to be able to see it. Grin

I don't think you'll see it. And that's not because of your age.

That's Craig S. Wright's kind of thinking... Won't happen.

Well like I said it is not happening any time soon even if it does I will be gone.
JayJuanGee
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March 05, 2023, 04:58:20 PM



Maybe or maybe in 2056 or 2072 a frozen coin rule is done.

Any account that has not made a withdrawal in 60 years must take some coin out or it is fed back into the reward system as lost currency.

if it is 2072 and btc is 1 million dollars with 1 million coins frozen from 2009 to 2012 I could see this happening.

But I would be 115 years old to be able to see it. Grin

I don't think you'll see it. And that's not because of your age.

That's Craig S. Wright's kind of thinking... Won't happen.

Exactamente!!!!

We know that there are people in the bitcoin space (or bitcoin adjacent space) who are quite detached from reality, but they spout out their version of "facts" and "logic" that are hardly attached to reality, even though dumb fucks (gullibles) seem to have some willingness to follow their bullshit (perhaps quite a few people live in a fantasy.. or maybe it does not take vary many.. 1% or so of dumbass retards who love to follow narcisistic people who act like they know everything - CSW -, in order to make a ruckus?).
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March 05, 2023, 05:01:17 PM


Explanation
vapourminer
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what is this "brake pedal" you speak of?


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March 05, 2023, 05:08:10 PM
Merited by El duderino_ (5), NeuroticFish (3), philipma1957 (1), Hueristic (1)

[...] Part of the reason that you are likely going to continue to have fun staying more poor than you otherwise "could have been." 


err seems to me the most important thing is that phil you, me and most here, is this: we are still in the game. thats the main goal. we all have btc. profit, while fun, is a bonus.

stack sats. one way or another, just get them and stack them.
BobLawblaw
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March 05, 2023, 05:26:01 PM
Merited by vapourminer (1), philipma1957 (1), JayJuanGee (1), AlcoHoDL (1)

#random

OK. It took me a couple days to really grok it, but Twitter is fucked.

They just haven't gotten the memo yet.

nostr is going to change everything just like Bitcoin did.

What a time to be alive.

JayJuanGee
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March 05, 2023, 05:29:08 PM

[...] Part of the reason that you are likely going to continue to have fun staying more poor than you otherwise "could have been."  
err seems to me the most important thing is that phil you, me and most here, is this: we are still in the game. thats the main goal. we all have btc. profit, while fun, is a bonus.

stack sats. one way or another, just get them and stack them.

Fair enough that there are different approaches.. including staying in the game is a very good outcome for any of us who have been in the game for 4 years or longer and still going fairly well and seemingly sustainable (sure I partly have thrown out the have fun staying poor for Phil specifically because it works better to say that as a kind of emphasis to someone who is not "actually poor" outside of their own abilities.. which seems to be partially the case with Phil), and not going to stop me from calling out some of Phils ongoing bullshit from the way that I see it.. and sure, maybe he is right?.. but surely I express some of my opinions in fairly forceful ways because I find some of his bullshit to be quite far out there.

By the way, I do agree with Phil every once in a while in terms of some of the angles that may have saved him in terms of NOT using much if any leverage in terms of some of his mining business angles, and surely he has given quite a few pointers that are likely good in terms of some of the ways that miners might have to weigh their considerations in expanding mining operations, so I do not criticize him in all regards.

And, sure some times there could be some ways in which our differences might not be as material and/or significant as they are being presented.. so I will concede on that too.. but still fuck some of that nonsense in which "out there" scenarios are painted as if they had any kind of reasonable or meaningful odds of happening... and I am not even opposed to mentioning out-there scenarios, but frequently Phil mentions some of them as if they were some kind of a base case scenario... and fuck his pumping of Ibonds too.. even though surely Ibonds might have their place, but they are not necessarily a good thing if someone does not already have a BTC stash and if they were to invest all o their $15k per year or whatever into IBonds and fail/refuse to buy any BTC... BTC first, from the perspective of this here cat... or at least do some personal assessing of the matter.. and also fuck that guy Phil when he was suggesting that it was good to be selling BTC below $20k and then pumping out bullshit ideas about buying IBONDs when we were in the $16k prices... and he is still doing it... If you had not noticed.
philipma1957
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March 05, 2023, 05:32:45 PM

[...] Part of the reason that you are likely going to continue to have fun staying more poor than you otherwise "could have been." 


err seems to me the most important thing is that phil you, me and most here, is this: we are still in the game. thats the main goal. we all have btc. profit, while fun, is a bonus.

stack sats. one way or another, just get them and stack them.

I am stacking as I type. DCA is still set for weds. at 2 x units of fiat. that will get me to 26x units of dca fiat and 16x dip buys of fiat since nov 2022

42x units of fiat .


Does not count the sha 256 gear purchased since sept 2022.

and no debt = key.

and some I bonds (just for you to talk about jjg)
JayJuanGee
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March 05, 2023, 05:35:12 PM

and some I bonds (just for you to talk about jjg)

You are trolling me...??


You fuck



No homo




hahahahahaha
nutildah
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March 05, 2023, 05:40:01 PM

#random

OK. It took me a couple days to really grok it, but Twitter is fucked.

They just haven't gotten the memo yet.

How so?

I think its a-ight. If anything I actually get more spambot replies & mentions now than before.
hostm
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March 05, 2023, 05:45:53 PM

It is still possible to "buy the dip" bitcoin! I bought a lot under 20 k and I will buy more if it goes there again!
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March 05, 2023, 05:51:30 PM

How so?
I think its a-ight. If anything I actually get more spambot replies & mentions now than before.

It's a game changer just like Bitcoin is.

Most of us just haven't fully recognized it yet.
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March 05, 2023, 05:52:26 PM
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It is still possible to "buy the dip" bitcoin! I bought a lot under 20 k and I will buy more if it goes there again!
Same.

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March 05, 2023, 06:01:21 PM


Explanation
vapourminer
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what is this "brake pedal" you speak of?


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March 05, 2023, 06:37:53 PM
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reserved for phil
philipma1957
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March 05, 2023, 06:40:35 PM
Last edit: March 05, 2023, 06:59:24 PM by philipma1957

and some I bonds (just for you to talk about jjg)

You are trolling me...??


You fuck



No homo




hahahahahaha

yep I am a big bad  troll

JayJuanGee
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March 05, 2023, 06:59:38 PM

It is still possible to "buy the dip" bitcoin! I bought a lot under 20 k and I will buy more if it goes there again!

Oh?

your threshold buying point is sub $20k?  You must already have "lots" of dee cornz.

In other words, even current prices seem like pretty good prices for anyone who might not have "lots of cornz" already.. surely potentially depending on how long we stay around these prices and at what price points were your last purchases.

and some I bonds (just for you to talk about jjg)
You are trolling me...??
You fuck
No homo
hahahahahaha
yep I am a big bad  troll


 Angry Angry Angry Angry

That selfie looks just like I imagined it would.
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