Bitcoin Forum
May 09, 2024, 12:45:11 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   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 ... 32738 32739 32740 32741 32742 32743 32744 32745 32746 32747 32748 32749 32750 32751 32752 32753 32754 32755 32756 32757 32758 32759 32760 32761 32762 32763 32764 32765 32766 32767 32768 32769 32770 32771 32772 32773 32774 32775 32776 32777 32778 32779 32780 32781 32782 32783 32784 32785 32786 32787 [32788] 32789 32790 32791 32792 32793 32794 32795 32796 32797 32798 32799 32800 32801 32802 32803 32804 32805 32806 32807 32808 32809 32810 32811 32812 32813 32814 32815 32816 32817 32818 32819 32820 32821 32822 32823 32824 32825 32826 32827 32828 32829 32830 32831 32832 32833 32834 32835 32836 32837 32838 ... 33335 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26380558 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.)
d_eddie
Legendary
*
Offline Offline

Activity: 2492
Merit: 2930



View Profile
December 11, 2023, 06:35:09 AM

Ouch.
1715215511
Hero Member
*
Offline Offline

Posts: 1715215511

View Profile Personal Message (Offline)

Ignore
1715215511
Reply with quote  #2

1715215511
Report to moderator
1715215511
Hero Member
*
Offline Offline

Posts: 1715215511

View Profile Personal Message (Offline)

Ignore
1715215511
Reply with quote  #2

1715215511
Report to moderator
1715215511
Hero Member
*
Offline Offline

Posts: 1715215511

View Profile Personal Message (Offline)

Ignore
1715215511
Reply with quote  #2

1715215511
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715215511
Hero Member
*
Offline Offline

Posts: 1715215511

View Profile Personal Message (Offline)

Ignore
1715215511
Reply with quote  #2

1715215511
Report to moderator
1715215511
Hero Member
*
Offline Offline

Posts: 1715215511

View Profile Personal Message (Offline)

Ignore
1715215511
Reply with quote  #2

1715215511
Report to moderator
1715215511
Hero Member
*
Offline Offline

Posts: 1715215511

View Profile Personal Message (Offline)

Ignore
1715215511
Reply with quote  #2

1715215511
Report to moderator
jojo69
Legendary
*
Offline Offline

Activity: 3164
Merit: 4345


diamond-handed zealot


View Profile
December 11, 2023, 07:00:32 AM
Merited by El duderino_ (10)

Ouch.

ChartBuddy
Legendary
*
Offline Offline

Activity: 2170
Merit: 1776


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 11, 2023, 07:01:16 AM


Explanation
Chartbuddy thanks talkimg.com
AlcoHoDL
Legendary
*
Offline Offline

Activity: 2366
Merit: 4177


Addicted to HoDLing!


View Profile
December 11, 2023, 07:23:24 AM
Last edit: December 11, 2023, 10:29:12 AM by AlcoHoDL
Merited by JayJuanGee (2)

[...]

I wouldn't call Bitcoin (or, perhaps, "Bitcoinism") a religion, although it may seemingly share some similarities with religion, mostly attributed to Bitcoin by those who don't understand it. It is not a religion, because it is based on objectively true, real-world, physical, repeatable, verifiable processes (i.e., math & science)

I can see that you are serious, especially since you use maths and sciences in the singular.

Haha, I was thinking of putting "TM" next to "math & science"...


, and does not rely at all on dogma or faith in a metaphysical set of principles.

There's gotta be some faith in there, even though there is a lot of laden maths and science.. I am not going to deny the existence of maths and science, yet one interesting thing about bitcoin is that it has some ways in which it ties back to human behavior, human incentives, which is the proof of work part that can be gamed and manipulated, but it would have a lot of difficulties to overcome the built in incentives and even the presumptions that man will work in his self-interest.

Sure, many of us likely realize that satoshi came up with something that must be very close to a perfect design, but bitcoin is still man made and likely and invention and a discovery all at the same time.


Even the traditional (and scientifically acceptable) notion of "trust" is taken out of the picture ("Don't trust, verify!"),

remember the Regan statement.  Trust, but verify.  We have to have some of that going on, too.  Surely not every normie is going to want to or be able to run a node, so we have to have some trust and faith that some of the open source aspects of bitcoin are going to be checked-and-balanced by some other people who have the skills to do the checking (the crowd sourcing idea) and if enough eyes are on bitcoin, then likely any flaws that exist are going to mostly get fixed... maybe not perfectly, but perfectly enough.. and surely the older people might not be able to change careers and learn how to code and to check code, but we still have to figure out the extent to which we are going to run some of the software and the extent to which are going to try to verify some of the matters for ourselves, to the extent that we are able to verify, and maybe those difficulties to verify matters scare away some of the older people, but some younger people may well be more than willing to go down the road of learning some of those kinds of bitcoin-related things.

[...]

Not disagreeing with the above, or any part of your post, but I'd like to add a comment. All things considered, yes, there is an element of faith involved. A kind of faith that has always been there. Faith in humanity, perhaps? There's definitely some degree of faith in the Bitcoin code, in the sense that you're describing, i.e., faith in some competent coder(s) or institution(s) discovering (and disclosing) bugs or even backdoors that could compromise Bitcoin. This is unavoidable. We are all bound to this. We can't know everything about everything, so we trust the experts. And the more experts get involved, and the more time a piece of code is out there, verified, scrutinized, attacked, the more that faith gets transformed into fact. Not 100% in the rigorous, mathematical sense, it's not a proof, but pretty close. I see this as a kind of Darwinian law. Let it loose in the wild and see if it survives. Considering the fact that its market cap is nearly one trillion USD as we speak, it wouldn't be able to survive for so long if there was a fundamental flaw in the code.

This is certainly not the kind of faith that is related to religion, where people blindly trust a single person or small group of people, who died hundreds or thousands of years ago in most cases, and who have said some pretty crazy, illogical, unprovable stuff, unprovable even by using the law of large numbers, so to speak...

Returning to where this discussion originally started, I don't think an informed coiner has any reason to be bitter, toxic or aggressive towards nocoiners, aside from the occasional Bat-slap, rusty pipe, and other amusing funzies and mindrustenings. For one thing, a coiner, depending on the size of his/her stash, is likely not going to need to be bothered by the opinions of others in this matter. A bit of disappointment, perhaps, an urge to spread the word, maybe, but no bitterness, no hate.

Just look at the price: $42,208 as I type this. How can you not believe? LOL


Edit: Improved layout & syntax, added some text.
DirtyKeyboard
Sr. Member
****
Offline Offline

Activity: 266
Merit: 477


Fly free sweet Mango.


View Profile
December 11, 2023, 07:32:33 AM

ChartBuddy's 24 hour Wall Observation recap
..

I'm going to go for the monthly dispensary buy tomorrow. 
Got the matching corn on sale early it seems with a weedy bid of 42142.   Cool
ChartBuddy
Legendary
*
Offline Offline

Activity: 2170
Merit: 1776


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 11, 2023, 08:03:21 AM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
Legendary
*
Offline Offline

Activity: 2170
Merit: 1776


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 11, 2023, 09:03:25 AM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
Legendary
*
Offline Offline

Activity: 2170
Merit: 1776


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 11, 2023, 10:01:15 AM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
Legendary
*
Offline Offline

Activity: 2170
Merit: 1776


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 11, 2023, 11:01:16 AM


Explanation
Chartbuddy thanks talkimg.com
ChartBuddy
Legendary
*
Offline Offline

Activity: 2170
Merit: 1776


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 11, 2023, 12:01:19 PM


Explanation
Chartbuddy thanks talkimg.com
El duderino_
Legendary
*
Offline Offline

Activity: 2506
Merit: 12076


BTC + Crossfit, living life.


View Profile
December 11, 2023, 12:30:25 PM

Who’s ready for UP again
bitcoinPsycho
Legendary
*
Offline Offline

Activity: 2478
Merit: 2078


$120000 in 2024 Confirmed


View Profile
December 11, 2023, 12:32:07 PM

Who’s ready for UP again

I is

Trolls ain't
ChartBuddy
Legendary
*
Offline Offline

Activity: 2170
Merit: 1776


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 11, 2023, 01:01:16 PM


Explanation
Chartbuddy thanks talkimg.com
Erumo
Member
**
Offline Offline

Activity: 551
Merit: 42


View Profile
December 11, 2023, 01:10:09 PM


Ay Caramba! Whales Take Profit Making ETH and BTC dip creating a Bart Simpson Pattern And Liquidating A Lot of Shorts! What Comes Next? Possible market trend change? How about good old "BTC is down because people withdraw crypto to fiat to buy Xmas presents" ? That excuse always worked.

El duderino_
Legendary
*
Offline Offline

Activity: 2506
Merit: 12076


BTC + Crossfit, living life.


View Profile
December 11, 2023, 01:56:38 PM

Who’s ready for UP again

I is

Trolls ain't

Classic day

I read some guys predicting we either go up or go down …
At this point every guru making sure he got it right 🤓
ChartBuddy
Legendary
*
Offline Offline

Activity: 2170
Merit: 1776


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
December 11, 2023, 02:03:24 PM


Explanation
Chartbuddy thanks talkimg.com
hisslyness
Hero Member
*****
Offline Offline

Activity: 722
Merit: 1692



View Profile
December 11, 2023, 02:09:41 PM
Merited by d_eddie (1)


Ay Caramba! Whales Take Profit Making ETH and BTC dip creating a Bart Simpson Pattern And Liquidating A Lot of Shorts! What Comes Next? Possible market trend change? How about good old "BTC is down because people withdraw crypto to fiat to buy Xmas presents" ? That excuse always worked.



I am not sure if they are trying to play on words "Eat my Shorts"....

But Liquidating Shorts? on a Bart Pattern?
Paashaas
Legendary
*
Offline Offline

Activity: 3428
Merit: 4349



View Profile
December 11, 2023, 02:26:12 PM

An additional $3000 - $5000 bonus dump on top of the recent red candle would be appropriate.
xhomerx10
Legendary
*
Offline Offline

Activity: 3836
Merit: 8010



View Profile
December 11, 2023, 02:32:15 PM
Merited by vapourminer (1)

I'm just here for the ride.
El duderino_
Legendary
*
Offline Offline

Activity: 2506
Merit: 12076


BTC + Crossfit, living life.


View Profile
December 11, 2023, 02:41:05 PM
Merited by heslo (5)

BTC shifting from hands ….

Everyone gets the price he deserves

Don’t let it be the expensive ones.
Pages: « 1 ... 32738 32739 32740 32741 32742 32743 32744 32745 32746 32747 32748 32749 32750 32751 32752 32753 32754 32755 32756 32757 32758 32759 32760 32761 32762 32763 32764 32765 32766 32767 32768 32769 32770 32771 32772 32773 32774 32775 32776 32777 32778 32779 32780 32781 32782 32783 32784 32785 32786 32787 [32788] 32789 32790 32791 32792 32793 32794 32795 32796 32797 32798 32799 32800 32801 32802 32803 32804 32805 32806 32807 32808 32809 32810 32811 32812 32813 32814 32815 32816 32817 32818 32819 32820 32821 32822 32823 32824 32825 32826 32827 32828 32829 32830 32831 32832 32833 32834 32835 32836 32837 32838 ... 33335 »
  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!