Bitcoin Forum
August 12, 2020, 04:00:20 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: How much of your corn do you plan on cashing out in the next massive bull run?
None - 27 (20.6%)
1-10% - 17 (13%)
11-20% - 15 (11.5%)
21-30% - 18 (13.7%)
31-40% - 7 (5.3%)
41-50% - 14 (10.7%)
51-60% - 9 (6.9%)
61-70% - 5 (3.8%)
71-80% - 4 (3.1%)
81-90% - 2 (1.5%)
91-99% - 3 (2.3%)
100% - 10 (7.6%)
Total Voters: 131

Pages: « 1 ... 20393 20394 20395 20396 20397 20398 20399 20400 20401 20402 20403 20404 20405 20406 20407 20408 20409 20410 20411 20412 20413 20414 20415 20416 20417 20418 20419 20420 20421 20422 20423 20424 20425 20426 20427 20428 20429 20430 20431 20432 20433 20434 20435 20436 20437 20438 20439 20440 20441 20442 [20443] 20444 20445 20446 20447 20448 20449 20450 20451 20452 20453 20454 20455 20456 20457 20458 20459 20460 20461 20462 20463 20464 20465 20466 20467 20468 20469 20470 20471 20472 20473 20474 20475 20476 20477 20478 20479 20480 20481 20482 20483 20484 20485 20486 20487 20488 20489 20490 20491 20492 20493 ... 27105 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21789736 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. (148 posts by 37 users deleted.)
TERA2
Full Member
***
Offline Offline

Activity: 266
Merit: 222


Deb Rah Von Doom


View Profile
May 31, 2018, 10:00:06 AM

Quote
BLOOMBERG: Bitcoin Heads Toward $7,000 as Pain Returns on Gloomy Technicals
Since failing to regain the psychologically important $10,000 level on May 4, it has closed lower in New York in 12 out of 17 sessions.
Wait what? Bitcoin closed? New York? Sessions? Are they talking about futures, or does this editor just not know what he is talking about?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1597204820
Hero Member
*
Offline Offline

Posts: 1597204820

View Profile Personal Message (Offline)

Ignore
1597204820
Reply with quote  #2

1597204820
Report to moderator
Torque
Legendary
*
Offline Offline

Activity: 2212
Merit: 1689



View Profile
May 31, 2018, 10:21:18 AM

Monero will be at "100%" in May 2022 after which a 0,87% tail emission commences indefinitely. Slightly better than gold and better than Dogecoin

AHAHAHA

Yes, because as we all know, once a PoW coin's block reward reaches zero, the tooth fairy casts a spell on it to turn it into "better than gold".  That's why there is not a single dead PoW altcoin so far and only 2000 new forms of gold!!!

...just kidding, all PoW coins function as Ponzi schemes in practice because the block reward subsidizes transaction fees and once it ceases, people all simply switch over to a different chain that still has a block reward running in order to keep the subsidy and not pay $500 per transaction.

Sorry had to quote this one. This proves that you're an idiot r0ach, as no miners are going to switch over to a dead coin that no one is buying or transacting with. So you think that zombie coins buy themselves now?
El duderino_
Legendary
*
Offline Offline

Activity: 1134
Merit: 3989


#STAYinsideSTAYdrunk *the dude*


View Profile
May 31, 2018, 10:39:28 AM

kingcolex
Legendary
*
Offline Offline

Activity: 2282
Merit: 1248



View Profile
May 31, 2018, 10:45:14 AM

Oh boy looks like the rally is back and wait was that a mother fucking bear trap yesterday?
El duderino_
Legendary
*
Offline Offline

Activity: 1134
Merit: 3989


#STAYinsideSTAYdrunk *the dude*


View Profile
May 31, 2018, 10:48:18 AM
Merited by RayX12 (1)

https://www.xe.com/currencycharts/?from=EUR&to=USD&view=1Y
"Existencial crisis in eu"  Cheesy Cheesy Cheesy
La or koreatown .. yes there is  Grin

Bitcoin is the answer.  
Grab the last few cheap BTC before the next moon rise.


Last of the V8s
Legendary
*
Offline Offline

Activity: 1554
Merit: 3925


Be a bank


View Profile
May 31, 2018, 10:53:55 AM
Merited by BobLawblaw (2)

Totscha
Hero Member
*****
Offline Offline

Activity: 1242
Merit: 612



View Profile
May 31, 2018, 10:56:54 AM

Oh boy looks like the rally is back and wait was that a mother fucking bear trap yesterday?

Am I missing something? It looks like a bearish trend with 24h of sideways action...

404- rally not found.
El duderino_
Legendary
*
Offline Offline

Activity: 1134
Merit: 3989


#STAYinsideSTAYdrunk *the dude*


View Profile
May 31, 2018, 10:59:41 AM

Oh boy looks like the rally is back and wait was that a mother fucking bear trap yesterday?



BitcoinNewbie15
Sr. Member
****
Offline Offline

Activity: 574
Merit: 292

Bitcoin isn't a bubble. It's the pin!


View Profile
May 31, 2018, 11:17:39 AM

Remember the good ol' days when this was the place to find out wtf was happening with the price?



I remember those days. Something I have wondered and I've been meaning to ask, what happened to that wall observer bot? The one that would post the depth chart every few hours? It appears to be gone completely.
pacman7331
Full Member
***
Offline Offline

Activity: 639
Merit: 118



View Profile
May 31, 2018, 11:18:52 AM

don't go to 7800 before I get paid  Tongue
Last of the V8s
Legendary
*
Offline Offline

Activity: 1554
Merit: 3925


Be a bank


View Profile
May 31, 2018, 11:20:47 AM
Last edit: May 31, 2018, 11:38:16 AM by Last of the V8s

For the market to grow like we all hope it will, regular people are going to have to come in droves.

No, this is wrong. Current fiat (or any asset) wealth is not distributed evenly across the population, in fact it is well-documented and heralded as being increasingly concentrated in fewer and fewer hands. By this reason alone, relatively very few have to come to bitcoin to replace fiat as the dominant wealth storage and measurement mechanism.

This. +21million merits

Bitcoin is a capital project, for capitalists, except honest ones now. This brooks no more socialism, no more democratic blitherings about fairness and equality.
If you don't understand or don't get it, I have plenty of time to explain it to you, sorry.

Torque
Legendary
*
Offline Offline

Activity: 2212
Merit: 1689



View Profile
May 31, 2018, 11:36:45 AM
Last edit: May 31, 2018, 11:51:16 AM by Torque

For the market to grow like we all hope it will, regular people are going to have to come in droves.

No, this is wrong. Current fiat (or any asset) wealth is not distributed evenly across the population, in fact it is well-documented and heralded as being increasingly concentrated in fewer and fewer hands. By this reason alone, relatively very few have to come to bitcoin to replace fiat as the dominant wealth storage and measurement mechanism.


This is true. As Bitcoin continues to live on though, it will be the younger, newer generations of Average Joe that takes a chance with Bitcoin. They come into the working world with more disdain for the existing financial structure, less debt (except student loans), less skepticism of Bitcoin, less to lose and everything to gain.

Grandma and Grandpa ain't coming in droves, sorry. Grandma and Grandpa can't even afford to buy Precious Metals anymore, much less Bitcoin. Plus the MSM has mindfucked them to believe that Bitcoin is a scam.
realr0ach
Sr. Member
****
Offline Offline

Activity: 924
Merit: 311


#TheGoyimKnow


View Profile
May 31, 2018, 11:57:20 AM
Last edit: May 31, 2018, 12:10:09 PM by realr0ach

Monero will be at "100%" in May 2022 after which a 0,87% tail emission commences indefinitely. Slightly better than gold and better than Dogecoin

AHAHAHA

Yes, because as we all know, once a PoW coin's block reward reaches zero, the tooth fairy casts a spell on it to turn it into "better than gold".  That's why there is not a single dead PoW altcoin so far and only 2000 new forms of gold!!!

...just kidding, all PoW coins function as Ponzi schemes in practice because the block reward subsidizes transaction fees and once it ceases, people all simply switch over to a different chain that still has a block reward running in order to keep the subsidy and not pay $500 per transaction.

Sorry had to quote this one. This proves that you're an idiot r0ach, as no miners are going to switch over to a dead coin that no one is buying or transacting with. So you think that zombie coins buy themselves now?

Your comment makes zero sense.  Go back to the drawing board; you have it completely backwards.  A PoW coin with no block reward subsidy IS A DEAD coin because transactions are no longer subsidized and lower overhead alternatives then mop the floor with it either in the form of:

A)  A different PoW coin with block subsidy still running

or

B)  Some other consensus algo with less overhead like proof of shit

Normally PoS wouldn't be able to win if PoW actually worked as advertised, but it doesn't.  It's just centralized vs centralized.  Also, you nooblords in this thread don't seem to understand adversarial mining works better the lower the block reward goes, which probably also blows up PoW in the end.  

So the real endgame is that PoW is not sustainable because there is no valid Schelling point to force everyone to use the same PoW chain, and even though PoW is designed to completely centralize, it manages to fool enough uneducated people for the time being to not go to zero.  But proof of stake is a more obvious interest-based, slumlord usury scam, and probably wouldn't tread water for long should there be an exodus from PoW.

There is no future in any of this garbage and silver and gold will destroy them in the end because they're all centralized with no fundamentals.  The only real application for cryptocurrency is federated chains, but nobody would want to use that as a store of wealth over physical metals.  Take a wild guess who does want to use federated chains, though?  The govt to enslave you.
sirazimuth
Legendary
*
Offline Offline

Activity: 1988
Merit: 1608


born once atheist


View Profile
May 31, 2018, 12:02:59 PM

I wonder if they accept bitcoin?....

https://www.marketwatch.com/story/hospital-launches-rehab-clinic-to-treat-cryptocurrency-addiction-2018-05-29
Torque
Legendary
*
Offline Offline

Activity: 2212
Merit: 1689



View Profile
May 31, 2018, 12:17:32 PM


Fucking MSM, such targeting and FUD.

So where are all the clinics treating the penny stock trading addiction all these past couple of decades?

SMH
d_eddie
Hero Member
*****
Offline Offline

Activity: 1134
Merit: 938



View Profile
May 31, 2018, 12:20:10 PM

Quote
BLOOMBERG: Bitcoin Heads Toward $7,000 as Pain Returns on Gloomy Technicals
Since failing to regain the psychologically important $10,000 level on May 4, it has closed lower in New York in 12 out of 17 sessions.
Wait what? Bitcoin closed? New York? Sessions? Are they talking about futures, or does this editor just not know what he is talking about?
I think it's the editor.
sirazimuth
Legendary
*
Offline Offline

Activity: 1988
Merit: 1608


born once atheist


View Profile
May 31, 2018, 12:27:23 PM

If that unmentionable troll simply copied and pasted the same
post for the next year or so,I wouldn’t notice anything amiss...
realr0ach
Sr. Member
****
Offline Offline

Activity: 924
Merit: 311


#TheGoyimKnow


View Profile
May 31, 2018, 12:31:05 PM

Fucking MSM, such targeting and FUD.

So where are all the clinics treating the penny stock trading addiction all these past couple of decades?

SMH

Whether it's "addictive" or not is the least of it's problems.  Shitcoins just add a few notches to the degeneracy of society based on financialization - trying to flip houses, flip stocks, and now flip imaginary valueless tokens instead of actually contributing to society by creating something of value.  

The Jew knows no other way to live than by rent seeking behavior or usury.  He does not work the land or any such activity.  Everything is based around some type of usury scam, and he has manipulated the law and entire system to benefit that activity and punish those who actually do create something.  He forces the goyim to emulate his demonic Jewish ways just to get by because there's no alternative in the system he's created without going some form of Amish and completely isolating yourself from civilization.

Luckily for humankind, a system entirely composed of parasites immediately collapses, so the clock is ticking and we won't have to put up with the current system much longer before the whole thing implodes and we go back to sound money (physical silver and gold) and people actually doing productive things with their lives instead of 7 billion Jews trying to scam each other.
hisslyness
Member
**
Offline Offline

Activity: 157
Merit: 32


View Profile
May 31, 2018, 12:39:30 PM

Monero will be at "100%" in May 2022 after which a 0,87% tail emission commences indefinitely. Slightly better than gold and better than Dogecoin

AHAHAHA

Yes, because as we all know, once a PoW coin's block reward reaches zero, the tooth fairy casts a spell on it to turn it into "better than gold".  That's why there is not a single dead PoW altcoin so far and only 2000 new forms of gold!!!

...just kidding, all PoW coins function as Ponzi schemes in practice because the block reward subsidizes transaction fees and once it ceases, people all simply switch over to a different chain that still has a block reward running in order to keep the subsidy and not pay $500 per transaction.

Sorry had to quote this one. This proves that you're an idiot r0ach, as no miners are going to switch over to a dead coin that no one is buying or transacting with. So you think that zombie coins buy themselves now?

Your comment makes zero sense.  Go back to the drawing board; you have it completely backwards.  A PoW coin with no block reward subsidy IS A DEAD coin because transactions are no longer subsidized and lower overhead alternatives then mop the floor with it either in the form of:

A)  A different PoW coin with block subsidy still running

or

B)  Some other consensus algo with less overhead like proof of shit

Normally PoS wouldn't be able to win if PoW actually worked as advertised, but it doesn't.  It's just centralized vs centralized.  Also, you nooblords in this thread don't seem to understand adversarial mining works better the lower the block reward goes, which probably also blows up PoW in the end.  

So the real endgame is that PoW is not sustainable because there is no valid Schelling point to force everyone to use the same PoW chain, and even though PoW is designed to completely centralize, it manages to fool enough uneducated people for the time being to not go to zero.  But proof of stake is a more obvious interest-based, slumlord usury scam, and probably wouldn't tread water for long should there be an exodus from PoW.

There is no future in any of this garbage and silver and gold will destroy them in the end because they're all centralized with no fundamentals.  The only real application for cryptocurrency is federated chains, but nobody would want to use that as a store of wealth over physical metals.  Take a wild guess who does want to use federated chains, though?  The govt to enslave you.

Hi r0ach,

You have it all wrong, and I am not even sure you understand BTC and the thought processes of Satoshi Nakamoto. When BTC block rewards go down to ZERO, there will still be transaction fees to reward the miners. Will the fees be enough to sustain the mining activity? We will find out in Year 2037... Not sure if you will be alive..

Either block sizes will be keep small to ensure higher transaction fees and Layer 2 Scaling will be the norm and BTC onchain will be used as a settlement layer.

Or Block sizes are increase to allow more transactions to be included in a block, hence a larger transaction fee.

Currently the average transaction fee is about 0.125BTC per block and average block size is about 60%. Guestimate the value of BTC in 20 years from now and do the calculations. It will be worth it for miners!


d_eddie
Hero Member
*****
Offline Offline

Activity: 1134
Merit: 938



View Profile
May 31, 2018, 12:46:13 PM

Nice trend for the moment, but volume is still so-so. I'm still a bit skeptical.
Pages: « 1 ... 20393 20394 20395 20396 20397 20398 20399 20400 20401 20402 20403 20404 20405 20406 20407 20408 20409 20410 20411 20412 20413 20414 20415 20416 20417 20418 20419 20420 20421 20422 20423 20424 20425 20426 20427 20428 20429 20430 20431 20432 20433 20434 20435 20436 20437 20438 20439 20440 20441 20442 [20443] 20444 20445 20446 20447 20448 20449 20450 20451 20452 20453 20454 20455 20456 20457 20458 20459 20460 20461 20462 20463 20464 20465 20466 20467 20468 20469 20470 20471 20472 20473 20474 20475 20476 20477 20478 20479 20480 20481 20482 20483 20484 20485 20486 20487 20488 20489 20490 20491 20492 20493 ... 27105 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!