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Question: What year will we achieve a new ATH?
2019 - 34 (27.6%)
2020 - 49 (39.8%)
2021 - 30 (24.4%)
2022 - 5 (4.1%)
2023 - 1 (0.8%)
Never - 4 (3.3%)
Total Voters: 123

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21174090 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. (23 posts by 12 users deleted.)
Hueristic
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September 25, 2018, 04:25:01 PM


I think if he originally had $8k, his profit would be 2k
But if he had only $6k, his profit would be 1k
 

True, If he only had 6k then he could not have made the second purchase.

Since it says he made both purchases he must have had at least 7k to start.


He could lend this money
So he gained 1k from the 1st deal
Then took -1k when he lent
And then again +1k

You suck! I'm not thinking about this one anymore! Tongue

Wait, maybe his grandma lent him another 1K?
Shit I lied! Cheesy

[/url]via Imgflip Meme Generator

1 small pump of XRP and all the enthousiast where there HAHA     

I’ve got a load of XRP left at Bittrex, not overly concerned about it but be great if they went to say $100 each one day Grin

It's always best to be first when dumping shitcoins.

Magic 8 ball says: "Concentrate and ask again".

In all due seriousness, I really don't have a good read on this yet. I've not even finished my analysis as to which way I would like to see it go.

As for my initial preferences:

My first read is that I'd like to see it tend toward no block size cap (and therefore have max block size be an emergent property of the system, a la BU). I also think I like the idea of re-enabling opcodes that were in the initial release - at least as compared to enabling a new opcode. I don't see the need for CTOR either.

All the above would put me in the SV camp, rather than the ABC camp. Or perhaps BU (hash power vote on each feature), or C0bra (no changes). But as I said, more analysis is required.

I also hold out some hope for a kumbaya moment. However, cross-camp relations don't seem to be getting any better with time.

Given that Bitmain has a split commitment to BCH and BTC, I was fairly comfortable in the hashpower battle going forward with nChain/Ayre/&co. However, with Bitmain finally successful (from all reports) with a 7nm chip, this no longer seems a safe assumption.

I guess I'll need to finish my analysis, pick a side, and get involved with the internal advocacy...

Not sure about bitmain specifically but 7nm yields are shit across the industry, so don't expect them getting any massive returns on that front. Of course they are creating simple logic with minuscule footprint so the yields may be higher than industry average, It would be interesting to find out.

After all, one of the narratives is that BCH is not supposed to be used for a store of value;

Whose narrative is that? I don't recall that position ever being advocated by anyone of note.

Ability to be used as a medium of exchange (MoE) certainly does not preclude ability to be used as a store of value (SoV). Indeed, there is significant evidence that MoE is necessary for any commodity to become a SoV. And a reasonable theory that any commodity that loses its MoE will therefore lose its ability to be a SoV. Which bodes poorly for BTC, unless the LN grows quickly by several orders of magnitude.

I don't know shit about BCH but it is a simple inheritance thing isn't it? Bitcoins original vision was not to be a store of value but a currency. BCH shills have been screaming since day one they will stick to that vision. So yeah there is that. don't get yourself caught in any circular logic trap here.






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September 25, 2018, 04:41:51 PM
Merited by infofront (1)



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September 25, 2018, 04:55:28 PM
Merited by JayJuanGee (1)

...the next ATH would be between $100,000 and $340,00.
https://twitter.com/Anders_/status/1044306435184582656
sent merit..you made my little hodl heart flutter .... Smiley
Given that you're already retired; what would you do differently with that kind of wealth?  Can you teach an old dog new tricks?

 You lack imagination !

 Come ooonnnnn 2021...

 I'm already past my "best before" date... not sure I can do 3 more years of shift work.

Same here. Me & my partner run an online ladies clothing store. I’ve fucking had enough of working 24/7 to be honest. I’ve had enough of dealing with customers & people in general.

Bitcoin had better hurry up and hit anything north of $50,000 per coin & I’m done. Even working for yourself is too much. I’ve always been an entitled bitch & at 30 something I’ve had enough of working Grin
understand you totaly we also have a family business .... like beeing here and work together with my father brother and employees ..... but the peoples that you have to deal with day in and day out pffffff

and for the rest if, i mean when they hit around 50K how are you gonna act , by selling all or 75% or 50%
i think for myself not easily to sell more than 30% of my stack    (when it hits prices where i wanna sell something) , actualy i think i would only sell if really needed , i think i can't bear it of taking coins of my main ledgers  Roll Eyes

i think, one of my very few coins i see leaving the stacks are some give aways i maded into some games , but i also bought them especialy during some DIPS so in my head there already GONE



I’ll probably sell about 25-30% of my stash when we hit 50-60k & buy a massive house & put down some deposits for real estate to rent out.

Never sell all of it because after the halvening in 2024 we’ll likely see, well who knows, 500k per coin?

Either way it’s frustrating atm sitting on what most people would call a lot of money but myself, knowing I can’t spend it YET because it’s not enough to live on forever.
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September 25, 2018, 04:58:19 PM

ed the press conference press and it was very epic, finally McGregor really good rival



So weird everytime I talk to a specific chick the next day I see or hear a referance to something we just talked about.

Case in point we discussed Cauliflower ears yesterday.

God this thread gets weird when the price is flat.  I almost unblocked gembitz for luls...  Not that bad yet.  If its 6XXX in February maybe.

Hah, I just ublocked someone, first time in months. I don't think it will last. Smiley


Fucker needs to be sued by the creditors for using their assets to attack their assets worth when they requested their assets back and not worthless fiat which they never wanted as proof that they used worthless fiat to procure their stolen assets. Smiley

Guys, I made the coolest purchase for BTC. I bought a dog.Today I took it from the nursery. This Siberian Husky and her 1.5 months

[/url]

Totally worth it!



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September 25, 2018, 05:25:08 PM

...the next ATH would be between $100,000 and $340,00.
https://twitter.com/Anders_/status/1044306435184582656
sent merit..you made my little hodl heart flutter .... Smiley
Given that you're already retired; what would you do differently with that kind of wealth?  Can you teach an old dog new tricks?

 You lack imagination !

 Come ooonnnnn 2021...

 I'm already past my "best before" date... not sure I can do 3 more years of shift work.

Same here. Me & my partner run an online ladies clothing store. I’ve fucking had enough of working 24/7 to be honest. I’ve had enough of dealing with customers & people in general.

Bitcoin had better hurry up and hit anything north of $50,000 per coin & I’m done. Even working for yourself is too much. I’ve always been an entitled bitch & at 30 something I’ve had enough of working Grin
understand you totaly we also have a family business .... like beeing here and work together with my father brother and employees ..... but the peoples that you have to deal with day in and day out pffffff

and for the rest if, i mean when they hit around 50K how are you gonna act , by selling all or 75% or 50%
i think for myself not easily to sell more than 30% of my stack    (when it hits prices where i wanna sell something) , actualy i think i would only sell if really needed , i think i can't bear it of taking coins of my main ledgers  Roll Eyes

i think, one of my very few coins i see leaving the stacks are some give aways i maded into some games , but i also bought them especialy during some DIPS so in my head there already GONE



I’ll probably sell about 25-30% of my stash when we hit 50-60k & buy a massive house & put down some deposits for real estate to rent out.

Never sell all of it because after the halvening in 2024 we’ll likely see, well who knows, 500k per coin?

Either way it’s frustrating atm sitting on what most people would call a lot of money but myself, knowing I can’t spend it YET because it’s not enough to live on forever.
yeah, especially when still in early 30's .... i also give it a lot of thoughts  Smiley 
also when you have more ,you start to look @ more expensive things , dinner gets more expensive, visit more places, more travelling, clothing, newest PC-phones, cars etc..... ( depends on person to person, where you would like money to spent )  Roll Eyes
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September 25, 2018, 05:36:54 PM
Merited by BobLawblaw (1)


Either way it’s frustrating atm sitting on what most people would call a lot of money but myself, knowing I can’t spend it YET because it’s not enough to live on forever.

My nocoiner friends think I am absolutely daft not having sold for whatever, to them quite impressive, fiat sum I might have got near the top.

People lack imagination, generally, and work isn't so bad.  A bit of structure in ones life helps keep the really serious alcoholism in check.
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September 25, 2018, 05:47:11 PM

Hey guys what are the known places to invest your earnings to generate more earnings?

Bombshell: purchase a Dash Masternode?
Honestly I know bitcoin is the main investment coin but I definitely love to play around with Proof of Stake coins and Masternodes. There's something that just seems to have so much potential with them.

Right? Take the united states dollar for example. It's a coin that operates on a master-node type system and it currently facilitates like half the commerce on the planet.
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September 25, 2018, 05:58:05 PM

Guys, I made the coolest purchase for BTC. I bought a dog.Today I took it from the nursery. This Siberian Husky and her 1.5 months



Gongrats on your new best friend! I've been looking to get a dog myself for some months now and Siberian Husky is the number one choice. Well done mate Smiley
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September 25, 2018, 06:25:06 PM

Just saw this one , A real equity curve explained:

via Imgflip Meme Generator

I wouldn’t know ,ain’t NO trader (mostly not) BUT hodling is also no straight line of smileys  Roll Eyes
Just need to understand that the only way up Will always be bumpy Grin

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September 25, 2018, 06:27:54 PM

Just saw this one , A real equity curve explained:

via Imgflip Meme Generator

I wouldn’t know ,ain’t NO trader (mostly not) BUT hodling is also no straight line of smileys  Roll Eyes
Just need to understand that the only way up Will always be bumpy Grin



I think the trading side should be with way bigger ups and downs, that looks like a fun rollercoaster Tongue But yeah, hodling is easier, tried trading myself for some time and gave it up, takes too much time and it's frustrating as well Cheesy
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September 25, 2018, 06:35:31 PM
Merited by JayJuanGee (1)


Either way it’s frustrating atm sitting on what most people would call a lot of money but myself, knowing I can’t spend it YET because it’s not enough to live on forever.

My nocoiner friends think I am absolutely daft not having sold for whatever, to them quite impressive, fiat sum I might have got near the top.

People lack imagination, generally, and work isn't so bad.  A bit of structure in ones life helps keep the really serious alcoholism in check.

 Yeah, nocoiners don't understand hodl in the slightest.  The ones telling me to sell at $1.1k in 2013 were giving me the same advice at $19k in 2018.  Even after I brought to their attention it was the same advice they gave me 1600% ago, they persisted - "just sell half of them!".

  I have to disagree w.r.t. "work isn't so bad" though... they've really cut back on the numbers of people and expect even more work from the remainder of us.  Also, taking time off was never an issue in the past but in the last 3 years it's very difficult.  We have extended blackout periods on vacation that creep into July and the talk is that next year it will be into early August - it's enough to drive one to really serious alcoholism.  I know... waaa!




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September 25, 2018, 06:40:24 PM

Hey guys what are the known places to invest your earnings to generate more earnings?

Bombshell: purchase a Dash Masternode?
Honestly I know bitcoin is the main investment coin but I definitely love to play around with Proof of Stake coins and Masternodes. There's something that just seems to have so much potential with them.

Right? Take the united states dollar for example. It's a coin that operates on a master-node type system and it currently facilitates like half the commerce on the planet.
The cost to run a masternode is outrageous though.
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September 25, 2018, 06:58:22 PM

Hm?  So this makes the core developers less godly and more human, I suppose?  And, in your view, elevates the prestige of bcash developers?

No and no. The Core devs are just as human as they ever were. But perhaps the hubris of their acolytes may have been knocked down an appropriate peg or two.


(well, a person could hope...)

There is nothing wrong with real life situation causing more humbleness,

A bigger or wiser person would not wait until life kicks them in the teeth to admit that perhaps they don't have all the answers. Especially when such claims of omniscience require the belittling of others, without bothering to understand their concerns.
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September 25, 2018, 07:01:23 PM
Last edit: September 25, 2018, 09:07:12 PM by Hueristic
Merited by xhomerx10 (1)


Either way it’s frustrating atm sitting on what most people would call a lot of money but myself, knowing I can’t spend it YET because it’s not enough to live on forever.

My nocoiner friends think I am absolutely daft not having sold for whatever, to them quite impressive, fiat sum I might have got near the top.

People lack imagination, generally, and work isn't so bad.  A bit of structure in ones life helps keep the really serious alcoholism in check.

 Yeah, nocoiners don't understand hodl in the slightest.  The ones telling me to sell at $1.1k in 2013 were giving me the same advice at $19k in 2018.  Even after I brought to their attention it was the same advice they gave me 1600% ago, they persisted - "just sell half of them!".

  I have to disagree w.r.t. "work isn't so bad" though... they've really cut back on the numbers of people and expect even more work from the remainder of us.  Also, taking time off was never an issue in the past but in the last 3 years it's very difficult.  We have extended blackout periods on vacation that creep into July and the talk is that next year it will be into early August - it's enough to drive one to really serious alcoholism.  I know... waaa!

One thing about work is that it is so much less stressful when you know you can say "fuck off and die cocksucker" anytime you want and just walk away with a smile. Cheesy
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September 25, 2018, 07:06:43 PM
Merited by JayJuanGee (1)

November the 5th is when they start trading. Get ready for the new bull run.



I think this could be a game changer. But I pray that they don't down the road change the rules and corrupt this.

In theory, by holding clients' bitcoin accounts for them directly, they can fractional reserve the bitcoin they hold, have re-hypothecation, etc. Even phantom shares of bitcoin. So hoping it doesn't go that way.

Bakkt is one of those ''First-Movers'' opportunity. It will be a financial powerhouse, doing business national ore international will save time and money for all party's. If they don't watch out they might be replaced with decentralised platforms later on.

They can build a lot of applications on it and like you said it can be abused.

http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/
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September 25, 2018, 07:10:56 PM

ed the press conference press and it was very epic, finally McGregor really good rival



So weird everytime I talk to a specific chick the next day I see or hear a referance to something we just talked about.

Case in point we discussed Cauliflower ears yesterday.

God this thread gets weird when the price is flat.  I almost unblocked gembitz for luls...  Not that bad yet.  If its 6XXX in February maybe.

Hah, I just ublocked someone, first time in months. I don't think it will last. Smiley


Fucker needs to be sued by the creditors for using their assets to attack their assets worth when they requested their assets back and not worthless fiat which they never wanted as proof that they used worthless fiat to procure their stolen assets. Smiley

Guys, I made the coolest purchase for BTC. I bought a dog.Today I took it from the nursery. This Siberian Husky and her 1.5 months

[/url]

Totally worth it!





Both very good fighters  Grin
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September 25, 2018, 07:12:53 PM

Hey guys what are the known places to invest your earnings to generate more earnings?

Bookstores, other stores of knowledge, and any technology that lets you accomplish more in less time.
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September 25, 2018, 07:20:31 PM

November the 5th is when they start trading. Get ready for the new bull run.



I think this could be a game changer. But I pray that they don't down the road change the rules and corrupt this.

In theory, by holding clients' bitcoin accounts for them directly, they can fractional reserve the bitcoin they hold, have re-hypothecation, etc. Even phantom shares of bitcoin. So hoping it doesn't go that way.
One thing that could help would be to make "bank runs" (moving physical bitcoin out of customer accounts) an easy, quick, hassle-free activity by design (in Bakkt internal rules) and by law (file under "investor protection", which apparently the SEC really, really cares for).

Bakkt is one of those ''First-Movers'' opportunity. It will be a financial powerhouse, doing business national ore international will save time and money for all party's. If they don't watch out they might be replaced with decentralised platforms later on.
Indeed. I hope this could make them wise up before attempting swindles or dodgy rules. However, I am quite jaded about this, especially since from what I've understood until now, Bakkt's intended customers are mostly institutional investors and other big money kind of actors. These are unlikely to trust - or likely unable to use - real faceless decentralized platforms.
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September 25, 2018, 07:41:53 PM

After all, one of the narratives is that BCH is not supposed to be used for a store of value;

Whose narrative is that? I don't recall that position ever being advocated by anyone of note.

Ability to be used as a medium of exchange (MoE) certainly does not preclude ability to be used as a store of value (SoV). Indeed, there is significant evidence that MoE is necessary for any commodity to become a SoV. And a reasonable theory that any commodity that loses its MoE will therefore lose its ability to be a SoV. Which bodes poorly for BTC, unless the LN grows quickly by several orders of magnitude.

I don't know shit about BCH but it is a simple inheritance thing isn't it? Bitcoins original vision was not to be a store of value but a currency. BCH shills have been screaming since day one they will stick to that vision. So yeah there is that. don't get yourself caught in any circular logic trap here.

Who has caught themselves in a circular logic trap?

To be a money, a thing needs to be SoV and MoA MoE. BCH aspires to be a money. MoA MoE does not imply NOT SoV.

A does not imply NOT B.

There's your logic.

edit: strikethroughs and underlines - hunting season, what can I say?
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September 25, 2018, 07:48:08 PM


One think about work is that it is so much less stressful when you know you can say "fuck off and die cocksucker" anytime you want and just walk away with a smile. Cheesy

Word that man.  I am fortunately childless by choice, and once you have housing and kibble figured out "fuck you money" becomes a very manageable figure.
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