Bitcoin Forum
June 16, 2019, 03:52:37 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: Closing BTC Price June 17:
$0 - 2 (1.9%)
<$6,500 - 7 (6.7%)
$6,500-$6,750 - 1 (1%)
$6,751-$7,000 - 2 (1.9%)
$7,001-$7,250 - 3 (2.9%)
$7,251-$7,500 - 6 (5.7%)
$7,501-$7,750 - 4 (3.8%)
$7,751-$8,000 - 12 (11.4%)
$8,001-$8,250 - 13 (12.4%)
$8,251-$8,500 - 6 (5.7%)
$8,501-$8,750 - 6 (5.7%)
$8,751-$9,000 - 11 (10.5%)
$9,001,$9,250 - 9 (8.6%)
$9,251-$9,500 - 6 (5.7%)
>$9,500 - 10 (9.5%)
$20,000 - 7 (6.7%)
Total Voters: 105

Pages: « 1 ... 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 20729 20730 20731 20732 20733 20734 20735 20736 20737 20738 20739 20740 20741 20742 20743 20744 20745 20746 20747 20748 20749 20750 20751 20752 20753 20754 20755 20756 20757 20758 20759 20760 20761 20762 20763 20764 20765 [20766] 20767 20768 20769 20770 20771 20772 20773 20774 20775 20776 20777 20778 20779 20780 20781 20782 20783 20784 20785 20786 20787 20788 20789 20790 20791 20792 20793 20794 20795 20796 20797 20798 20799 20800 20801 20802 20803 20804 20805 20806 20807 20808 20809 20810 20811 20812 20813 20814 20815 20816 ... 24197 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21221690 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. (64 posts by 15 users deleted.)
Mahirap
Full Member
***
Offline Offline

Activity: 434
Merit: 107


- hello doctor who box


View Profile
July 03, 2018, 03:48:03 PM

Finally Bitcoin is recovering from the bloodbath that happend this past months. we're at the 7k$ mark right now! more and more are entering the market
1560657157
Hero Member
*
Offline Offline

Posts: 1560657157

View Profile Personal Message (Offline)

Ignore
1560657157
Reply with quote  #2

1560657157
Report to moderator
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1560657157
Hero Member
*
Offline Offline

Posts: 1560657157

View Profile Personal Message (Offline)

Ignore
1560657157
Reply with quote  #2

1560657157
Report to moderator
1560657157
Hero Member
*
Offline Offline

Posts: 1560657157

View Profile Personal Message (Offline)

Ignore
1560657157
Reply with quote  #2

1560657157
Report to moderator
Last of the V8s
Legendary
*
Offline Offline

Activity: 1162
Merit: 2206


Be a bank.


View Profile
July 03, 2018, 03:50:54 PM

Transcripts from building on bitcoin conference
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/
vroom
Sr. Member
****
Offline Offline

Activity: 658
Merit: 254


a Cray can run an endless loop in under 4 hours


View Profile
July 03, 2018, 03:51:06 PM

Finally Bitcoin is recovering from the bloodbath that happend this past months. we're at the 7k$ mark right now! more and more are entering the market

woah dude, don't jinx it. we said that to many times in the last months. I want to see 10k before I go in carolina mode.
Rosewater Foundation
Sr. Member
****
Offline Offline

Activity: 392
Merit: 254



View Profile
July 03, 2018, 03:55:24 PM

Transcripts from building on bitcoin conference
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/

Nice find. I'll do more reading and less shit posting today.
xhomerx10
Legendary
*
Offline Offline

Activity: 2044
Merit: 2172


It'll be over 9000!


View Profile
July 03, 2018, 04:01:54 PM

Good morning Bitcoinland. Finally recovering from Canada Day weekend. Whew!

Small pullback after the last few days' gains but still hanging in... currently $6590USD/$8677CAD (Bitcoinaverage).
_____

Just noticed the new poll. Seems I'm in third place. I'm not sure if I should feel honored by all the wannabes, or do some campaigning for more votes.

I guess I'd better go kiss some babes (over 18 years old, of course).  Cool

 Seems to me this thread has a dont ask dont tell policy.

Edit: To clarify,  I'm not condoning sex with a minor...  the age of consent in Canada is 16.
Rosewater Foundation
Sr. Member
****
Offline Offline

Activity: 392
Merit: 254



View Profile
July 03, 2018, 04:14:23 PM



Edit: Canadians Roll Eyes
infofront
Legendary
*
Offline Offline

Activity: 1680
Merit: 1716


Shitcoin Minimalist


View Profile
July 03, 2018, 04:17:40 PM



And that is being said by a guy that even if he's not Satoshi himself most people agrees he could perfectly had been. Additional layers are the only way to really scale orders of magnitude from here.

Visa is a not only a second layer (for the banking system) but a third party completely centralised one. Bitcoin can perfectly compete with that while being decentralised on its core... but only with adding L2 for "caching" the mass of small payments before settling on main blockchain. Also the only way to make those payments "instant" which is a must for most consumer payments.

Let's level with each other for a moment. Nick Szabo is Satoshi. It's an open secret.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1162
Merit: 2206


Be a bank.


View Profile
July 03, 2018, 04:21:17 PM

Transcripts from building on bitcoin conference
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/

Nice find. I'll do more reading and less shit posting today.

Worth it if it saves Mrs Rosewater from a beating today.
Rosewater Foundation
Sr. Member
****
Offline Offline

Activity: 392
Merit: 254



View Profile
July 03, 2018, 04:35:29 PM

Transcripts from building on bitcoin conference
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/

Nice find. I'll do more reading and less shit posting today.

Worth it if it saves Mrs Rosewater from a beating today.

Not today Angry
Rosewater Foundation
Sr. Member
****
Offline Offline

Activity: 392
Merit: 254



View Profile
July 03, 2018, 04:40:59 PM



This was a zinger. Grin
JimboToronto
Legendary
*
Offline Offline

Activity: 2212
Merit: 1254


You're never too old to be young.


View Profile
July 03, 2018, 04:51:43 PM

Worth it if it saves Mrs Rosewater from a beating today.

Mrs Rosewater and her five lovely daughters?

 Grin
Rosewater Foundation
Sr. Member
****
Offline Offline

Activity: 392
Merit: 254



View Profile
July 03, 2018, 04:53:19 PM

Worth it if it saves Mrs Rosewater from a beating today.

Mrs Rosewater and her five lovely daughters?

 Grin

zing Undecided
RayX12
Hero Member
*****
Offline Offline

Activity: 924
Merit: 552


View Profile
July 03, 2018, 05:03:38 PM

https://www.youtube.com/watch?v=XORDEX-RrAI

feed from Breaking Bitcoin



loos therefrom

Please let me have this paper to clean the left-over shit in my ass!

Torque
Legendary
*
Offline Offline

Activity: 1820
Merit: 1496



View Profile
July 03, 2018, 05:18:45 PM
Merited by LFC_Bitcoin (1)

feed from Breaking Bitcoin



Bitcoin Splash?

Crapcoin Cash?

Logcoin [n] Dash?
kalehon
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
July 03, 2018, 05:27:35 PM

d_eddie
Hero Member
*****
Offline Offline

Activity: 714
Merit: 595



View Profile
July 03, 2018, 05:31:53 PM

Can't disagree. I still smell shaking games. Be wary. Call me paranoid if it helps.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1162
Merit: 2206


Be a bank.


View Profile
July 03, 2018, 05:39:41 PM

If the Dow continues crashing like it did today after the holiday, we're going to need Hairy's patented Liquid Koala Asset Sidechain much sooner than anyone could have predicted.
JayJuanGee
Legendary
*
Online Online

Activity: 1918
Merit: 1791


How much alt coin diversification is needed? 0%?


View Profile
July 03, 2018, 05:52:55 PM

Segwit signatures are still on chain they are just in a different spot.  Segwit moves the signature out of the input script and stores it in another part of the transaction on chain.

Speculating about future hard forks that might compromise Bitcoin security is pointless because any hard fork could compromise security in any number of ways.  And be rejected.  That’s what full nodes are for.  

Where is the concern trolling over a fork where only segregated signatures are valid and all signatures included with the transaction details invalid? That is technically theoretically possible too you know. It couldn't go all the way back to inception obviously but the fork author could contrive a random deadline date. Cheesy JUSTSAYIN

If I am understanding correctly, doesn't that proposed forced change sound like a hard fork of sorts, or a change in practice that would cause legacy addresses to become invalid? 

I thought that there was some preference for backwards compatibility, and that is why segwit was adopted and implemented as a soft fork rather than a hard fork, and under such a proposed system that changes signatures force legacy addresses to convert to segwit addresses?
JayJuanGee
Legendary
*
Online Online

Activity: 1918
Merit: 1791


How much alt coin diversification is needed? 0%?


View Profile
July 03, 2018, 06:13:08 PM

i spent coins early on whenever i had the chance just to support the ecosystem and support vendors who accepted btc. at todays prices i dont even want to think about the value of the coins i more or less blew just to support the ecosystem, but i dont regret it a bit. after all its we who are proving the value of btc. we need to prove it "just works." to me that btc was well spent.

Regarding your substantive point, cited above, I have pretty much maintained a system in which I replace any bitcoins that I spend, and even though I don't go out of my way to spend bitcoins, if I find an opportunity to spend them that does not seem to be too much of a burden, then will soon thereafter replace any spent bitcoins.  I was a lot more adamant and nervous to replace them right away in the early 2014 to the early-to-mid 2016 time period when I was engaging in a lot more BTC accumulation (largely establishing my BTC postion - at least up to late 2014 and a kind of maintenance of BTC holdings thereafter). 

These days a remain a lot less nervous about immediately replacing any BTC that I might spend, but I still attempt to reasonably plug the dollar amounts of any spent coins into my authorized buy back amounts.  So for example, let's say that I go out and I see a 5% discount on a $1,000 product, if I buy with bitcoins (only way to get the discount is with bitcoins).  I would be like "wow", that seems like a decent enough incentive for me to spend some bitcoins.  Therefore, I spend $1,000 in bitcoins to buy the product, with a $6,300 exchange rate. (actually, 5% means that the seller is giving me the equivalent of $315 extra for my BTC ($6,300 x .05), which is $6,615. 

In the 2014-2016 period, I would nearly immediately lock in the 5% profits by buying back BTC immediately around $6,300.  These days, I might let the profits ride a little bit.  Therefore with the $1,000, for example, I might set buy-back orders at $100 increments, or some other reasonable ladder down the chain.. So maybe I conclude that $6700 is about as low as is reasonable in our current BTC trading range so I would set about 6 buy orders of a bit larger than $1,000 ($1,000/6 = $167)... maybe around $200 for each buy back order at $6,200, $6,100, $6,000, $5,900, $5,800 and $5,700) .. so if all of the orders fill, I end up buying back around $1,200 worth of BTC for the $1,000 that I spent.  One other tip is that I would not set my buy back orders exactly at the round numbers of the $100 increments, but instead set the orders a bit above the $100 increments in order to increase the likelihood that they will fill and not reverse just prior to filling at the round numbers where everyone (including BIG whales) tend to quickly set their attempts at BTC price manipulation orders.

i had been a btc miner (around 2011-2013 or so when gpus could do it), not a buyer, of btc, although now i occasionally also buy some. so it was more or less like continuous dollar cost averaging buying. so the coins i mined back in the day (which is the bulk of my current stack) i never replenished as i spent them back then. i mined new ones anyway so i was spending profit, and just wanted to test and use the new ecosystem.

Actually, that is another way to accomplish a kind of spending without replenishing - especially if you feel that you are sufficiently in profits and also that you might be a bit over leveraged on the bitcoin side.  Accordingly, it might NOT matter in great detail about the exact BTC price or whether it is going up or down, that you are just spending some of your profits.

Even though I never mined, I have had similar conceptions about how to manage my bitcoin stash in comparison to the rest of my financial investments.

There have been times in which I have overleveraged (or overinvested) in bitcoin a bit, so at points when the price goes above my "overleveraged" buy in price, then I don't mind selling a bit extra, even if the price is only a few percentage above the price in which I had bought the BTC.   

So, in that sense, similar to you, some of the coins are considered long term HODL coins, and other coins are "playing around" coins.

replenishing coins sold with new ones is the best way for most people looking to build up their stash while taking advantage of btcs strengths for purchases. your strategy is a good one. currently i mine alts with gpus and exchange them for btc so i still replenish btc although its not much.

I agree that it is interesting how each of us has differing factors, and even differing entrance points that change how we weigh the factors.  I recognize that even with miners there is a certain speculative aspect, and sometimes the variations in speculation can provide some explanation to the seemingly exponentially increasing hash rate that does not necessarily correlate with BTC price.  So, some miners, even smaller players, have greater abilities to cushion themselves from volatility or to speculate that even if there are periods of mining at low profits or even a loss, that future prices could more than make up for the low profits/loss periods.  Also, some experiential aspect of mining can cause someone to want to continue to mine and to contribute, learn and interact with the crypto space, even though strictly speaking there could be more profits (and mobility/liquidity) from merely buying the various coins instead of mining them.  Further, hahahaha.. the lottery aspect of mining a variety of coins in which some of them could upwardly explode and to off-set the costs/losses of mining some of the other coins. 
vroom
Sr. Member
****
Offline Offline

Activity: 658
Merit: 254


a Cray can run an endless loop in under 4 hours


View Profile
July 03, 2018, 06:46:00 PM
Merited by d_eddie (1)

SEC Proposes New Approval Process for Certain Exchange-Traded Funds

https://www.sec.gov/news/press-release/2018-118

boom soon?
Pages: « 1 ... 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 20729 20730 20731 20732 20733 20734 20735 20736 20737 20738 20739 20740 20741 20742 20743 20744 20745 20746 20747 20748 20749 20750 20751 20752 20753 20754 20755 20756 20757 20758 20759 20760 20761 20762 20763 20764 20765 [20766] 20767 20768 20769 20770 20771 20772 20773 20774 20775 20776 20777 20778 20779 20780 20781 20782 20783 20784 20785 20786 20787 20788 20789 20790 20791 20792 20793 20794 20795 20796 20797 20798 20799 20800 20801 20802 20803 20804 20805 20806 20807 20808 20809 20810 20811 20812 20813 20814 20815 20816 ... 24197 »
  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!