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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 9 (6.3%)
H2 2019 - 15 (10.5%)
H1 2020 - 27 (18.9%)
H2 2020 - 26 (18.2%)
H1 2021 - 11 (7.7%)
H2 2021 - 28 (19.6%)
H1 2022 - 6 (4.2%)
H2 2022 - 4 (2.8%)
H1 2023 - 0 (0%)
H2 2023 - 2 (1.4%)
2024 or Later - 15 (10.5%)
Total Voters: 143

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21287090 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. (102 posts by 19 users deleted.)
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November 24, 2018, 05:55:19 PM

I got a sad story for you.

There used to be this company, Butterfly Labs, they were going to come out with the first ASIC miner and make GPUs obsolete...

 I gave them my money for a couple of foot warmers.  The day I got them, I had to unplug the Christmas tree lights because a breaker popped when they started up and then the same night one of the PSU's cooked itself while I was at work which woke my wife up with that terrible ozonated burning plastic smell.  The next morning I set them up on the kitchen counter where we had a 20A service using an old computer PSU and the paper-clip trick so I could free up the circuit for the Christmas lights.  By this time, she was a little upset with my new hobby but she tolerated it because she loves me Wink





I only got one, I was working out of state when it arrived.  My lady got it set up, configured and on the pool within 4 hours after it hit the doorstep.  We made the USD back finally...the BTC, not so much...

 I got mine in early November 2013 and to add insult to injury, the (goods and services) tax came to more than the value of the Bitcoin I could mine with it over its lifetime (at the time it arrived) but I paid it anyway because I knew there would be no refund.  I mined until the price of electricity was more than the value of Bitcoin being mined and sold the pair and the PSU to some local kid for $300.  If memory serves, I mined just over 1 Bitcoin with the pair but had I spent the money directly on Bitcoin at the time of purchase, I could have had ~60 coins plus another 2 for the taxes and I don't know how many for the 24/7 @ 600W electricity costs - oh yeah and the stories that nobody is interested in.



Now that’s a sad story. I’m so happy I decided not to mine with ASIC miners. When gpu’s we’re dead for mining I stopped mining. I was even able to sell all of my old mining equipment and get about half of the money back.
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November 24, 2018, 06:07:08 PM

luckily my GF

She is going to run away:

https://www.youtube.com/watch?v=6iubPBZx2Wk
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November 24, 2018, 06:23:14 PM

#stronghands2019
Speaking of trilema, what ever happened to Mircea Popescu?
He soldiers on.
MPOE-PR has a baby duck. And tits.
More insights anon.
I haven’t really heard anything about him for a long time. I really miss MPOE-PR. She, he, it was so hilarious.
hot avatar too
I can remember trying to image search who that was..     Smoking hot.   Dont think I ever found a name.
Hope all the old guard is doing well...   Happy Holidays to any of you out there still reading here at the Wall.
So the er duck picks are towards the end of this post http://trilema.com/2018/best-in-the-world/
er this post http://thewhet.net/2018/09/the-appropriately-proportioned-ballad-of-chimichurri/
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November 24, 2018, 06:24:58 PM


mic you are far from the least knowledgable about bitcoin here. You don’t need to be a tech wizard to make lots of money from bitcoin, simply owning bitcoin is more than a lot of people here.

Don’t be hard on yourself, you’re one of my favourite people here.

Put r0ach on ignore!

I second that, ignore is a good tool, and you seem like a good guy.


haha lol i know those moment, luckily my GF is an BTC enthusiasm herself and she HODL's her fair share as well Cheesy
but i know it with other kind of things Roll Eyes


.. and a lucky guy  Wink

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November 24, 2018, 06:27:08 PM


Too late.  Youtube already scrubbed that racist propaganda.  Into the memory hole.
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November 24, 2018, 06:27:25 PM

I got a sad story for you. My wife was constantly bitching back when I was mining because I turned my garage into a mining room with noisy box fans and shit. She had to go in there to do laundry and always bitched every time she washed clothes.

She needed a new vacuum. I thought I would do something to make her appreciate the bitcoin mining so I went to spendbitcoins and bought an amazon card. I sat her down at my computer with me, had her watch as I traded the bitcoins for the amazon card. Let her go to amazon and choose the vacuum she wanted. We spent 7 btc for it.

One of her favorite jokes now is to tell people about the $140,000 eureka vacuum we used to own. FML

if we always think like that? Roll Eyes
my friend and his brother lived every day of there BTC's every time they ordered food or whatever payed with BTC directly...., they also always joke about the very expensive durums,pizza's etc
but i guess we all have some VERY expensive shit cause of BTC Roll Eyes

The sad part is, I tried to give her something to keep her from bitching about bitcoin only to give her something new to bitch about.  Undecided

Oh yea, we have some stuff that if we calculate how much that btc would be worth now it's funny. For me, some computer parts and Christmas gifts just off the top of my head. I can also look at it another way too though. Like my car for example, I did the math and it was only $213 of my original investment. That's how I was able to convince myself to pull the trigger  Cheesy

I got a sad story for you.

There used to be this company, Butterfly Labs, they were going to come out with the first ASIC miner and make GPUs obsolete...

 I gave them my money for a couple of foot warmers.  The day I got them, I had to unplug the Christmas tree lights because a breaker popped when they started up and then the same night one of the PSU's cooked itself while I was at work which woke my wife up with that terrible ozonated burning plastic smell.  The next morning I set them up on the kitchen counter where we had a 20A service using an old computer PSU and the paper-clip trick so I could free up the circuit for the Christmas lights.  By this time, she was a little upset with my new hobby but she tolerated it because she loves me Wink





I only got one, I was working out of state when it arrived.  My lady got it set up, configured and on the pool within 4 hours after it hit the doorstep.  We made the USD back finally...the BTC, not so much...

 Mine doesn't know how to use/move/find our Bitcoins so she has to stick around and keep me healthy.


edit: now she's hitting me and wont stop til I take her shopping.  See you!


I was robbed for some Jalapenos and some of the medium sized ones.. My order came like 9 months late, so I knew not to trust them by the time monarchs came out, which was before I even got my order.  Angry


I have a shelf full of Monarchs that I pre-ordered.  In an alternate universe where BFL didn't exist I have a 747 with my name on it.

Sorry to hear it, but yea, if Butterfly Labs did what they said they'd do, we'd all be better off. I might own a seastead already lol
When I placed my order, not only did they say that I could get a refund at any point before my order status changed to processing, and then keep my money, but I even had one of the jerks on the phone telling me a specific date mine should arrive, before I sent them the money. Suddenly when I request my refund (before status changed to processing) they changed the policy to no refunds and denied ever saying that. Took 9 or 10 months to get the order. They make me sick..  Angry


My GPU rigs I built before I heard about Butterfly labs made more profits. I would have probably 10x more BTC if they would have refunded me when I asked, and 100x or 1000x more if they'd shipped when they said they would.

Cry

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November 24, 2018, 06:29:25 PM

hey THX man, i just believe in it(BTC) and have my personal perspective around BTC, and that says i MUST HODL and must try to LIVE with it where its possible @the time.... so when i can transact with BTC i do, i think its as important as many of the other things....

Hodling is different concept, but in current scenario is it better to wait for more dip before buying.
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November 24, 2018, 06:35:43 PM
Last edit: November 24, 2018, 06:46:55 PM by realr0ach


Too late.  Youtube already scrubbed that racist propaganda.  Into the memory hole.

Check again, it's up.  And nothing racist about it.  But today the word racist is mostly a badge of honor compliment, or a dog whistle for material neo-Marxists don't want you to see, so people will see your comment and just say "cool! I better click this!".  There's absolutely nothing racist about expelling the evil cult of Judaism, just as there's nothing racist about expelling the Charles Manson cult.  

Anyway, even if it was racist to expel an evil cult, what are you going to do about it?  Nothing.  Force is the only valid consensus mechanism in the real world, not stupid Rube Goldberg machines called digital currency that don't even do anything they claim to, just attempt to obfuscate what they're doing while really being centralized.  Crying "dats racist" like a little child no longer has any sway in the real world.  Find new propaganda to try and trick people into your neo-Marxist views.
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November 24, 2018, 06:37:10 PM

hey THX man, i just believe in it(BTC) and have my personal perspective around BTC, and that says i MUST HODL and must try to LIVE with it where its possible @the time.... so when i can transact with BTC i do, i think its as important as many of the other things....

Hodling is different concept, but in current scenario is it better to wait for more dip before buying.

I'm always more bullish about bitcoin, but I actually hope it stays sideways-ish until December 1st, that's when I can get more filthy fiat to dump  Cheesy

If, the price goes lower like some say it could, 3k and such, I'd get more fiat to BTFD for sure. I may not be the smartest person here, but I know that's dirt cheap coin these days  Grin
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BTFD, on to 15K a coin !!!!


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November 24, 2018, 06:37:54 PM


can't see any video but if she ever run away.... it will not be to a BASEMENT TROLL Roll Eyes



hey roach sit tight, gotta go for social stuff, but i will share something for you, you want it with real life woman piece, prison tattoo, or with?
you know just some troll-jerk of basement materials, i can provide your needs man

have fun down there, and keep thinking on the WO hodl stashes Roll Eyes

and BTC don't DIP on a saturday, please think of my liver.

cheers and good evening WO's


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BTFD, on to 15K a coin !!!!


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November 24, 2018, 06:41:01 PM

gonna finish big bottles of wine can already feel it in my toes Grin

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November 24, 2018, 07:02:17 PM
Merited by xyzzy099 (1)

Am I the only one that has fears the price of Bitcoin would never even reach the last ATH? I mean, yes, I think it will, heck, I think it could happen as soon as in less than one year from now or, most probably, around the next halving but.... I know there is a non-negligible possibility of that not happening, ever.

What are you guys stance about that? Let's be honest here....

There are still too few who own bitcoin, including institutions, that it seems unlikely we've reached the saturation point. Also, it is nearly always the older generation who are skeptical and the younger who are enthusiastic. Dimon hates bitcoin, but his daughter buys it, for example. It's a trend that should be in our favour for at least another twenty years.

The charts are well within the bounds of a normal deflation as well. We'd really have to crash hard to ruin the long-term picture.




Man knows his jpegs  Wink
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November 24, 2018, 07:22:14 PM

My GPU rigs I built before I heard about Butterfly labs made more profits. I would have probably 10x more BTC if they would have refunded me when I asked, and 100x or 1000x more if they'd shipped when they said they would.

Cry

Never saw the attraction of mining. Always appeared like a race to the bottom where you were pitting yourself against giants. I guess that it had worked so well for hodlers in the past was the motivation to not outright buy?
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November 24, 2018, 07:26:42 PM

Only these coins have practical application: BTC, XMR

ftfy

Oh I wish, as a Monerian I don't forget the importance of uncle bitcoin
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November 24, 2018, 07:31:26 PM

gonna finish big bottles of wine can already feel it in my toes Grin

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what is this "brake pedal" you speak of?


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November 24, 2018, 07:32:45 PM
Last edit: November 24, 2018, 07:45:08 PM by vapourminer
Merited by BobLawblaw (1), bitserve (1)

Never saw the attraction of mining. Always appeared like a race to the bottom where you were pitting yourself against giants. I guess that it had worked so well for hodlers in the past was the motivation to not outright buy?

when i started mining in 2011 it was easier to acquire btc by gpu mining than buying.

as im a hardware guy who likes to tinker, i never really stopped except for a year or two around 2013-14. that was when asics really took hold. asics were pretty much a suckers game except for 1st batch folks (assuming they werent outright scammed). then around when eth mining with gpus became profitable i got back in. trading eth for btc of course.

something about that soothing white noise from the fans and the tweaking that just gets me.

and now i have squirrel acorn fpga gpu accelerators to (hopefully?) breath new life into my aging gpu rigs. plus an bcu1525 fpga on order that may or may not come anywhere near making roi, but will at least be fun to play with.

for me, mining as a hobby is a lot safer than some of my other much more expensive hobbies. and some of those  hobbies tend to cause death or other undesirable results when you screw up. so there is that advantage.
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November 24, 2018, 07:36:20 PM

You haven't almost set your house on fire from a miner blowing flames out the grate, have you? Smiley

Mining is fun, just be aware of the fire risk. And it generates heat for your home, great on those cold nights.
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what is this "brake pedal" you speak of?


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November 24, 2018, 07:41:52 PM

You haven't almost set your house on fire from a miner blowing flames out the grate, have you? Smiley

Mining is fun, just be aware of the fire risk. And it generates heat for your home, great on those cold nights.

overbuild them. like 100% overbuilt. i like huge safety margins.

and have a licensed electrician do the power delivery lines.
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November 24, 2018, 07:42:33 PM

Aaaand under 4.2k again.

This time 3k is coming.

Why the fuck I bought from 4.5k while everybody was waiting for 3k to get in fuck :/ Tone Vays says 3k is most likely to happen and even 1.5k is on the list of possibilities now.

This is going to happen exactly like theymos predicted.

My average is just above 3k and they'll drive this shit to 1.5k just to force me to sell. (I won't)
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November 24, 2018, 07:48:58 PM

Looks to me that all those artificial gains from 2016/2017 will be erased
we're going back to 500-600 $

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