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

[vapourminer]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/
"Don't buy monero"

ugliest watch ever.

i did look through the richardmille watch site, the one with dragon figures seemed okish

but $800k+ for a watch. lulz. no matter how rich i became, i would never pay that for a watch.

now, i could see myself with one of those olde skool red LED watches from the 70's.. press the button to light up the time. THOSE were cool.

[Neo_Coin]

[4rt3m]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/
"Don't buy monero"

Arabs, Russians, Chinese bought tons stuff like that. Selling tasteless luxury things become international now as crypto-holders have no nationality.

[bones261]

Unfortunately, I believe the troll being referred to will remain even if ignored by most. After all, even if all the seasoned members ignore them, there will always be the newer member that may get his very important message to buy silver.  

[buyandhold]

[4rt3m]

ugliest watch ever.

Meet the Urwerk UR-1001 then (~$400,000).

[OWZ1337]

ugliest watch ever.

Meet the Urwerk UR-1001 then (~$400,000).

does that watch mine bitcoins? :-D haha

[realr0ach]

...... mathematically... BLAH BLAH...

I'm not the only one who calls the cryptoscam industry where every single coin including bitcoin is designed to centralize garbage:

“it’s scammers scamming scammers all the way down.” - fluffypony

However, I believe he stole this quote from that one guy who used to have the George Costanza avatar on this thread like 6 years ago.

[cofefeGandalf]

ugliest watch ever.

Meet the Urwerk UR-1001 then (~$400,000).

does that watch mine bitcoins? :-D haha

Yes but it's mechanical, this means you need to fap a lot to sustain your hashrate. 

[JayJuanGee]

Many woulda-been, coulda-been Bitcoin millionaires become bitter, anti-Bitcoin zealots.

I got into the boat in 2013, but sold all my stash in 2015 because of reasons, would be a multi-millionaire now didn't get me bitter though, that's just life.

But back I am, hopefully smarter this time, started to rebuy in Nov 2017.

Yes, there are more "normal" peeps that attempt to learn from their mistakes and to develop better strategies. It can take a long time to move away from our tendencies to repeat our mistakes, and sometimes identify areas in which we can develop better plans and to place ourselves into a better position to prepare ourselves for luck. 

You know the saying that there is no such thing as pure luck because luck is largely a product of opportunity coming from preparation?

 I would not mind hearing some more of your details and plans on how you are expecting to go forward.  Hopefully, you understand that bitcoin remains the main place to emphasize your long term efforts, even while there remains ways to make short term profits from some of the alts.. perhaps?

I agree with your statements, especially with the luck one, blind luck rarely represents itself.

My plan is to accumulate bitcoin and other crypto and hodl them tight this time, no cashout plans at least inside the next 5 years. I actually was against the alts when I held bitcoin the last time, had them maybe 1-2% of my portfolio before cashing out, but there is some real money to be made there now and some of the alts have great teams and ideas aswell. The reason for cashing out was not fear of market, as I planned to hodl anyway, just had some trouble in real life and cashed out in smaller portions. I have my life and financials set up from a much better perspective now, so I think this time I don't have to go to my coins to get fiat.

I have been trading back and forth a bit since December and grown my wallet slowly too, had everything in bitcoin at some point, now the ratio is maybe 30-70 (BTC-alts), but I'm keeping an eye on the market constantly and when I see some coin is not worthy anymore, I'll convert it to bitcoin. Main idea is to accumulate bitcoin of course, trying just to grow it with the help of alts and so far it's working. Soon I start to transfer small amounts from trading to my cold storage and keep them there. So alts, for me, are to accumulate more bitcoin, though I have faith in a few projects (none of them is in top30@CMC). I'm buying around $1-1.5k worth of crypto monthly.

I'm getting most of my information relating bitcoin and its movements from this thread, have done so for the past 5 years (been inactive at some points), have been reading it without an user, though had one called "maakas" a couple of years back. And I hang around google relating bitcoin articles too. I know little of TA, but as it has shown itself wrong so many times relating bitcoin, I don't have much trust in it when making my choices. One thing is for sure, when kwukduck appears with the doomsday posts it's buy time!

Thanks for showing interest, I love this community!

Thanks for providing some of your details.  I don't necessarily agree with your goals, but I would be concerned about some of your potential distractions with alt coins and that your perception that you have decent chances to use alt coins to accumulate more BTC than if you held BTC itself. 

I probably have disclosed numerous times in this thread that my alt coins tend to be less than 5% of my total holdings, and I think now is around 2%-ish.  I do understand that some members might have perceptions like yours that it is possibly useful to keep higher allocations in alts to accumulate BTC, and I tend to be o.k. if they were to take a 20% alt strategy, but not an 70% alt strategy as you seem to be currently... but maybe if you reversed your allocation to 70% BTC, you could still find a way to make it comfortable for you, especially if you have what seems to be a minimum 5 year investment and building of your portfolio plan.

Of course, in the end, you have to find your own level of comfort, but I tend towards lessening the gambling aspects which causes me to remain in the 90% plus arena for bitcoin, and I become less and less able to relate to those strategies the more that they allocate higher level to alts, even if they end up getting lucky by playing around with shit that can implode at any moment - which is not the same as the continuing strength of the fundamentals in bitcoin.

[yefi]

For $884K, I'd want the watch to berate me constantly and humiliate me in front of friends. That's the only way I can think that I could justify that price tag.

 I'm sensing partner issues.  

lol +merit

[4rt3m]

ugliest watch ever.

Meet the Urwerk UR-1001 then (~$400,000).

does that watch mine bitcoins? :-D haha

No, but it shows when to the moon. 

[Torque]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/
"Don't buy monero"

ugliest watch ever.

It's definitely not a chick magnet.

And by the looks of that guy, he could use a few chick magnets. And maybe a personal trainer?

*ducks*

[Anon136]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/

For $884K, I'd want the watch to berate me constantly and humiliate me in front of friends. That's the only way I can think that I could justify that price tag.

Is FP really wearing a million dollar watch? If so why? I'm really confused.

[Torque]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/

For $884K, I'd want the watch to berate me constantly and humiliate me in front of friends. That's the only way I can think that I could justify that price tag.

Is FP really wearing a million dollar watch? If so why? I'm really confused.

Why are you surprised that an XMR core dev scammed millions out of all the XMR shitcoin lovers? lol

[Anon136]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/

For $884K, I'd want the watch to berate me constantly and humiliate me in front of friends. That's the only way I can think that I could justify that price tag.

Is FP really wearing a million dollar watch? If so why? I'm really confused.

Why are you surprised that an XMR core dev scammed millions out of all the XMR shitcoin lovers? lol

It does give one that impression...

[junckmonkey]

Of course, the world has not yet seen a blockchain that has been battle-tested, that does not reward the maintainers in a native token. So there's that. What's the incentive?

Unless someone solves this problem in the realm of game theory, it is impossible.  This is one of the absolute foundational pillars for the stability of bitcoin the removal of which would create a sort of 2 legged stool.

...
Will there be a mass realization that blockchain without bitcoin is just a slow, shitty database? How long will this realization take?
...

I wonder about that, too. Most crypto people I know from meat space think some "newer, better" coin will supersede bitcoin, yet most don't know how bitcoin or any of the alts actually work.

What they also don't get is that if bitcoin was replaced by something newer, more shiny (assuming such a thing would exist), then not only would bitcoin be pointless but also the new shiny coin, and every next shiny coin down the line.

It's either bitcoin, hooks into bitcoin, or it's a parasite sucking on bitcoins success.

As data grows so does network capabilities and data communications

This was inherently known in the building of bitcoin.

Mathematically at some point the blockchain will be a see all and do all at any point in time instantly for any app based tool.

So far so good

blockchain.info

check out your wallet address balance

you gotta beat the bitcoin blockchain test base (9years, hacked to the nth degree - no success) before anything will supercede bitcoin

and the wealthy know it



The currency war continues

Flood with alt shitcoins - The new USD coin/ripple/bcash/ethereum (centralized crap)

and get peeps movin a way from the gold

Fed hacked '71

[bitserve]

https://www.reddit.com/r/Monero/comments/8kefgt/rfluffyponyza_wearing_a_884k_watch_at_consensus/

For $884K, I'd want the watch to berate me constantly and humiliate me in front of friends. That's the only way I can think that I could justify that price tag.

Is FP really wearing a million dollar watch? If so why? I'm really confused.

Why are you surprised that an XMR core dev scammed millions out of all the XMR shitcoin lovers? lol

It does give one that impression...

Why? Is it not his money?

I would never buy such an expensive watch which also is particularly ugly to my -maybe not so refined- taste but.... still. Where is the scam?

[Torque]

Where is the scam?

You decide:
https://www.reddit.com/r/BitcoinPrivate/comments/87r0rq/bitcoin_private_attacked_by_monero_dev_fluffy_pony/

nanoderp
7 points·
1 month ago
·edited 1 month ago

Yeah well...Monero just got rumbled for having piss poor privacy. Upshot is that the decoy transactions can be traced with ease, allowing those inspecting the blockchain to pinpoint details of supposedly private transactions. Little wonder the Monero emo-dev is getting upset about BTCP. BTCP poses a significant threat to Monero because real (zk-snarks) privacy trumps the non-privacy of Monero. That is why the Monero emo-dev is spraying stupid juice everywhere

MrScrix
20 points·
1 month ago

Honestly, they are all scared. It's coming out that monero privacy is fake and monero's movement are traceable, while BTCP is not. BTCP has the best privacy tech with bitcoin name. It's gonna be the future, and everyone who didn't invest know that and spread FUD against this coin. I even have the suspect that the CMC and exchange issue are because someone doesn't want BTCP to moon.

[Anon136]

Why are you surprised that an XMR core dev scammed millions out of all the XMR shitcoin lovers? lol

It does give one that impression...

Why? Is it not his money?

I would never buy such an expensive watch which also is particularly ugly to my taste but.... still. Where is the scam?

I agree in principle but those optics are so terrible. Even me who is one of the biggest monero supporters and free market supporters was quite taken aback. Flaunting wealth that crassly is in very poor taste. I mean at least a lambo is a real thing. A honda civic doesn't work just as well as a lambo. But a 20 dollar watch at walmart probably works better than that, it probably has more features. That's like setting a million dollars on fire in front of everyone just to show them that you can.

I mean yea you are right. It's his money and he can do what ever he want's with it. And monero isn't a shitcoin, it's the best altcoin on the market, just in terms of the tech behind it, tech that he helped to develop. But setting money on fire in front of everyone really really makes you look like a scammer.

Where is the scam?

You decide:
https://www.reddit.com/r/BitcoinPrivate/comments/87r0rq/bitcoin_private_attacked_by_monero_dev_fluffy_pony/

nanoderp
7 points·
1 month ago
·edited 1 month ago

Yeah well...Monero just got rumbled for having piss poor privacy. Upshot is that the decoy transactions can be traced with ease, allowing those inspecting the blockchain to pinpoint details of supposedly private transactions. Little wonder the Monero emo-dev is getting upset about BTCP. BTCP poses a significant threat to Monero because real (zk-snarks) privacy trumps the non-privacy of Monero. That is why the Monero emo-dev is spraying stupid juice everywhere

MrScrix
20 points·
1 month ago

Honestly, they are all scared. It's coming out that monero privacy is fake and monero's movement are traceable, while BTCP is not. BTCP has the best privacy tech with bitcoin name. It's gonna be the future, and everyone who didn't invest know that and spread FUD against this coin. I even have the suspect that the CMC and exchange issue are because someone doesn't want BTCP to moon.

Wow. I didn't take you for a fudster. If the transactions are so traceable than why doesn't someone do it? I'll post the transaction id and someone tell me who it came from and who it went to, okay?