Bitcoin Forum
December 14, 2019, 11:22:32 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Dec. 14 Closing Price:
<$6,000 - 10 (10.8%)
$6,000-$6,500 - 5 (5.4%)
$6,500-$7,000 - 11 (11.8%)
$7,000-$7,500 - 14 (15.1%)
$7,500-$8,000 - 18 (19.4%)
$8,000-$8,500 - 11 (11.8%)
$8,500-$9,000 - 4 (4.3%)
>$9,000 - 20 (21.5%)
Total Voters: 93

Pages: « 1 ... 21813 21814 21815 21816 21817 21818 21819 21820 21821 21822 21823 21824 21825 21826 21827 21828 21829 21830 21831 21832 21833 21834 21835 21836 21837 21838 21839 21840 21841 21842 21843 21844 21845 21846 21847 21848 21849 21850 21851 21852 21853 21854 21855 21856 21857 21858 21859 21860 21861 21862 [21863] 21864 21865 21866 21867 21868 21869 21870 21871 21872 21873 21874 21875 21876 21877 21878 21879 21880 21881 21882 21883 21884 21885 21886 21887 21888 21889 21890 21891 21892 21893 21894 21895 21896 21897 21898 21899 21900 21901 21902 21903 21904 21905 21906 21907 21908 21909 21910 21911 21912 21913 ... 25613 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21459331 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. (137 posts by 31 users deleted.)
kingcolex
Legendary
*
Offline Offline

Activity: 2044
Merit: 1216


First 100% Liquid Stablecoin Backed by Gold


View Profile
November 30, 2018, 07:05:55 PM
#437241

]A fucking full node cost like $60 to run.

Why all that? You just need some bandwidth and some storage.

Give me 50$ that I can run one for you on my old 2010 notebook
I meant to literally get one running from scratch, a pi $35, a shit 256 gb micro SD is $22 bucks. You still have $3 for a cable (1) and $2 for a USB to wall adapter.
1576365752
Hero Member
*
Offline Offline

Posts: 1576365752

View Profile Personal Message (Offline)

Ignore
1576365752
Reply with quote  #2

1576365752
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1576365752
Hero Member
*
Offline Offline

Posts: 1576365752

View Profile Personal Message (Offline)

Ignore
1576365752
Reply with quote  #2

1576365752
Report to moderator
Globb0
Legendary
*
Offline Offline

Activity: 2086
Merit: 1473


The pulse is beating louder now!


View Profile
November 30, 2018, 07:34:41 PM
#437242









JayJuanGee
Legendary
*
Offline Offline

Activity: 2100
Merit: 2191


How much alt coin diversification is needed? 0%?


View Profile
November 30, 2018, 07:34:50 PM
#437243

Fucking price drop overnight.

Most likely in anticipation of fraudster CW speaking later (he probably will have fuck all interesting to say but weak hands etc, you know the deal).

Iím buying again later any way so not bothered if we go down a bit more.

What are you thinking LFC?  I recall that several days ago, you were a bit more hesitant about attempting to catch a falling knife - as many of us likely got a bit nervous about how fast the damned thing was falling and if there was going to be any bounce in the near terms.... and at least for now, it seems that we have a bit of a resting point and reconsideration of price direction.

I already bought some in the $3,500s, and $3,800s, and of course supra $4k, so probably my next buy would not be until about $3.2k... ... sometimes I will play around with my orders, and then if some sells execute, then I don't mind buying again, too, which I did have some sells in the lower $4k... so will be considering whether I need to adjust what I already have out there.  

Bottom is in?  50/50?  Hairy?  40/60?    Actually, I will admit that based on recent happenings, even I am coming around a bit to the possibility that the bottom might not be in, and maybe I am 47/53-ish.. at least, at the moment that I am typing this.

Interesting thing about bitcoin is that our predictions can change a bit on a daily or a 3 day basis or a weekly basis, depending on momentum and if whatever current consolidation range is getting pushed in one direction or another.   of course, news events too (which can reflect public sentiment)...  Maybe now, we have something like $3,800 to $4,350.. so maybe we shouldn't get too excited unless the edges of those break?
d_eddie
Hero Member
*****
Offline Offline

Activity: 896
Merit: 757



View Profile
November 30, 2018, 07:39:41 PM
#437244

^^ ^^^ Lack of bandwidth was the main sticking point mentioned up there, not costs.
How far off is this Schnorr signatures and would it help?
Schnorr sigs are RealSoonNow(TM).
They're expected to reduce transaction size by an additional 25% (not sure if it's an average figure or best case).
JayJuanGee
Legendary
*
Offline Offline

Activity: 2100
Merit: 2191


How much alt coin diversification is needed? 0%?


View Profile
November 30, 2018, 07:42:02 PM
#437245

Its easy when you no longer care.  Everyone needs to stop caring about the antics of these muppets.  No one believes them anymore.


there are some pretty dumb ass peeps out there who actually believe the bullshit.

And, if they don't actually believe it, they give it too high of a weight that it could be possible because they don't study this shit nearly 24/7 like some of us active WO thread peeps.
sirazimuth
Legendary
*
Offline Offline

Activity: 1750
Merit: 1441


born once atheist


View Profile
November 30, 2018, 07:49:00 PM
#437246

....study this shit nearly 24/7 like some of us active WO thread peeps.

I think that's my problem actually... (that and drinking too much)
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 1918
Merit: 2345


One of the world's leading Bitcoin-powered casinos


View Profile
November 30, 2018, 07:50:08 PM
Merited by JayJuanGee (1)
#437247

What are you thinking LFC?  I recall that several days ago, you were a bit more hesitant about attempting to catch a falling knife - as many of us likely got a bit nervous about how fast the damned thing was falling and if there was going to be any bounce in the near terms.... and at least for now, it seems that we have a bit of a resting point and reconsideration of price direction.

I already bought some in the $3,500s, and $3,800s, and of course supra $4k, so probably my next buy would not be until about $3.2k... ... sometimes I will play around with my orders, and then if some sells execute, then I don't mind buying again, too, which I did have some sells in the lower $4k... so will be considering whether I need to adjust what I already have out there.  

Bottom is in?  50/50?  Hairy?  40/60?    Actually, I will admit that based on recent happenings, even I am coming around a bit to the possibility that the bottom might not be in, and maybe I am 47/53-ish.. at least, at the moment that I am typing this.

Interesting thing about bitcoin is that our predictions can change a bit on a daily or a 3 day basis or a weekly basis, depending on momentum and if whatever current consolidation range is getting pushed in one direction or another.   of course, news events too (which can reflect public sentiment)...  Maybe now, we have something like $3,800 to $4,350.. so maybe we shouldn't get too excited unless the edges of those break?

Personally I think the bottom is in Jay, I think weíll trade in the $3,500 to $5,000 range for a while though. I already have a nice stash of coins but you can never have enough. Itís a once in a lifetime opportunity so load up what you can afford to as & when you can.

I panicked a lot as we were dropping from 7k down to 3.5k (I shouldnít have, Iíve been in a worse situation in 2014 when at one point I was literally 80% down on my investment. Even now Iím over 9 x up on what Iíve invested).

Basically Iím calm & relaxed now after the initial shock of dropping so much, so fast from 7k or 8k to 3.5k.
Nothingís going to phase me now, I have strong hands & I can HODL until at least 2021 - 2022 like Iíve always said.

So itís simply time to get on with our boring jobs/businesses until moon launch.

mindrust
Legendary
*
Offline Offline

Activity: 1638
Merit: 1647



View Profile
November 30, 2018, 07:54:20 PM
Merited by JayJuanGee (1)
#437248

]A fucking full node cost like $60 to run.

Why all that? You just need some bandwidth and some storage.

Give me 50$ that I can run one for you on my old 2010 notebook
I meant to literally get one running from scratch, a pi $35, a shit 256 gb micro SD is $22 bucks. You still have $3 for a cable (1) and $2 for a USB to wall adapter.

Micro SD cards aren't a good idea for storing blockchain data because you write down data constantly and sd cards are way more crappier than solid state disks it will end up dead in a short time.

Also they aren't $22 neither. Found this one for $45 and I fail to see the write speed which is probably shit. (probably doesn't matter tho) If you are going to spend that much just buy a 1tb or even a 500gb hdd and boot your rpi from there.

Tbh, you don't need all that pain.

Just get a netbook with an atom processor from 2010 (asus eee pc) for 100 bucks and it will do the job like kings. Netbook batteries will last 5 to 10 hours too in case some power outage happens...

Oh the price...

The price is damn boring. I guess it will be like that for a year. We may see some downside action to $3k and that's it. Now everybody says btc is dead, it is boring, from my experience, it is the best time to buy.

I remember they were nicknaming LTC as "$5 coin" look what it did during the bull run.  Cool

JayJuanGee
Legendary
*
Offline Offline

Activity: 2100
Merit: 2191


How much alt coin diversification is needed? 0%?


View Profile
November 30, 2018, 08:01:31 PM
#437249

I am a newbee in this market, my psychology when bitcoin reaches 20k$ I do not sell and wait for price increase all because of greed and ignorance  Cry, and now btc is only 4k$. This market is not for people like me. Good luck everyone

Time for buying BTC then, phitan, or at least strategizing when to buy.

The  BTC market is not for people like you, if you do the opposite of what you should, such as buying at the top and then contemplating selling at the bottom.

Also, if you are getting distracted by ICOs are alts, then that could be another problem, but so far, from this one post of yours, and since you posted in this thread, I don't have any evidence that you are getting bitcoin mixed up with alts and ICOs.
d_eddie
Hero Member
*****
Offline Offline

Activity: 896
Merit: 757



View Profile
November 30, 2018, 08:04:42 PM
#437250

Micro SD cards aren't a good idea for storing blockchain data because you write down data constantly and sd cards are way more crappier than solid state disks it will end up dead in a short time.

Also they aren't $22 neither. Found this one for $45 and I fail to see the write speed which is probably shit. (probably doesn't matter tho) If you are going to spend that much just buy a 1tb or even a 500gb hdd and boot your rpi from there.

Just get a netbook with an atom processor from 2010 (asus eee pc) for 100 bucks and it will do the job like kings. Netbook batteries will last 5 to 10 hours too in case some power outage happens...
Indeed my first full node was a Pi with a 256M SD and it failed really soon (a few months, maybe 2-3).
Not worth it.
The old netbook route is the way to go.
JayJuanGee
Legendary
*
Offline Offline

Activity: 2100
Merit: 2191


How much alt coin diversification is needed? 0%?


View Profile
November 30, 2018, 08:05:39 PM
#437251

Just merited a quote instead of the original.

You guys look all the same with that hats.

 ?? These hats are more unique than a Bitcoin address.



I will wear mine when this signature campaign Iím in ends. I sort of want to wear it now & wave the pay from the campaign but Iíll wait until it ends Grin

LFC hat will be worn early New Year!

Will this hat fad last until the new year?  you could become a late adopter, perhaps?
Last of the V8s
Legendary
*
Offline Offline

Activity: 1316
Merit: 2627


Be a bank


View Profile
November 30, 2018, 08:05:46 PM
#437252

https://www.sec.gov/comments/sr-cboebzx-2018-040/srcboebzx2018040-4691015-176590.pdf
Meeting with Van Eck Securities Corporation, SolidX Management LLC, Patomak Global Partners, LLC, and Cboe BZX Exchange, Inc.
The discussion concerned Cboe BZX Exchange, Inc.ís proposed rule change to list and trade shares of the VanEck SolidX Bitcoin Trust, as well as the attached presentation submitted to the Commission staff by SolidX Management LLC
.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1036
Merit: 1684


Degenerate bull hatter & Bitcoin monotheist


View Profile
November 30, 2018, 08:11:42 PM
Merited by ssmc2 (2)
#437253

The bottom is not in.

This isnít about price, itís about time.  We havenít had enough time to digest the last bull market. 

We will hit absolute bottom between here and mid-2019.  I canít give you a price target because itís not about price. 
Last of the V8s
Legendary
*
Offline Offline

Activity: 1316
Merit: 2627


Be a bank


View Profile
November 30, 2018, 08:13:31 PM
Merited by xhomerx10 (1), jojo69 (1)
#437254

Well it's about time.
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 1918
Merit: 2345


One of the world's leading Bitcoin-powered casinos


View Profile
November 30, 2018, 08:18:10 PM
#437255

The bottom is not in.

This isnít about price, itís about time.  We havenít had enough time to digest the last bull market. 

We will hit absolute bottom between here and mid-2019.  I canít give you a price target because itís not about price. 

Do you still stand by your uber high price prediction of 280k per coin at the top of the next cycle?
PoolMinor
Legendary
*
Offline Offline

Activity: 1670
Merit: 1060


XXXVII Fnord is toast without bread


View Profile
November 30, 2018, 08:28:11 PM
Merited by JayJuanGee (1)
#437256

The bottom is not in.

This isnít about price, itís about time.  We havenít had enough time to digest the last bull market.  

We will hit absolute bottom between here and mid-2019.  I canít give you a price target because itís not about price.  

Now you are just producing FUD

/S



Do you still stand by your uber high price prediction of 280k per coin at the top of the next cycle?

Why is it so difficult to comprehend? It is possible to be a realist and see a trend to a lower price and also see the bigger picture of the next ATH!
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 779



View Profile
November 30, 2018, 08:32:38 PM
Merited by xhomerx10 (1)
#437257

Just merited a quote instead of the original.

You guys look all the same with that hats.

 ?? These hats are more unique than a Bitcoin address.



I will wear mine when this signature campaign Iím in ends. I sort of want to wear it now & wave the pay from the campaign but Iíll wait until it ends Grin

LFC hat will be worn early New Year!

Will this hat fad last until the new year?  you could become a late adopter, perhaps?
What the fuck do you mean "fad"?
JayJuanGee
Legendary
*
Offline Offline

Activity: 2100
Merit: 2191


How much alt coin diversification is needed? 0%?


View Profile
November 30, 2018, 08:34:57 PM
Merited by LFC_Bitcoin (1)
#437258

What are you thinking LFC?  I recall that several days ago, you were a bit more hesitant about attempting to catch a falling knife - as many of us likely got a bit nervous about how fast the damned thing was falling and if there was going to be any bounce in the near terms.... and at least for now, it seems that we have a bit of a resting point and reconsideration of price direction.

I already bought some in the $3,500s, and $3,800s, and of course supra $4k, so probably my next buy would not be until about $3.2k... ... sometimes I will play around with my orders, and then if some sells execute, then I don't mind buying again, too, which I did have some sells in the lower $4k... so will be considering whether I need to adjust what I already have out there.  

Bottom is in?  50/50?  Hairy?  40/60?    Actually, I will admit that based on recent happenings, even I am coming around a bit to the possibility that the bottom might not be in, and maybe I am 47/53-ish.. at least, at the moment that I am typing this.

Interesting thing about bitcoin is that our predictions can change a bit on a daily or a 3 day basis or a weekly basis, depending on momentum and if whatever current consolidation range is getting pushed in one direction or another.   of course, news events too (which can reflect public sentiment)...  Maybe now, we have something like $3,800 to $4,350.. so maybe we shouldn't get too excited unless the edges of those break?

Personally I think the bottom is in Jay,

Sounds like you are in the 75/25 camp, or something like that.

I never feel like it is good for my psyche to have that much confidence, that is why I just (in the last post) put myself at about 47/53... maybe if we play around in these territories for a while, I might convert into a 53/47-ish kind of guy.. but I cannot say for sure... and also, when there is a lot of movement, confidence lowers about any kind of prediction, at least for me, and it can just take a bit of time to watch it play out and to attempt to get bearings back.


I think weíll trade in the $3,500 to $5,000 range for a while though.

Fair enough on that one.

I already have a nice stash of coins but you can never have enough. Itís a once in a lifetime opportunity so load up what you can afford to as & when you can.

Actually, for us HODLers and longer time-horizon thinkers (even though I would not really consider 2021 to be a really long time horizon), or whatever the fuck we might be called, there is a kind of getting a stake in the thing that goes  on in the early stages, but then maintenance is also going to include some ongoing accumulation because it is likely that we still have some discretion over ongoing cashflow that we have, and if we did not make some bad decisions and over invest and engage in some unnecessary panic losses (which also could just be part of the learning process about these kinds of highly volatile and new asset class markets)


I panicked a lot as we were dropping from 7k down to 3.5k (I shouldnít have, Iíve been in a worse situation in 2014 when at one point I was literally 80% down on my investment. Even now Iím over 9 x up on what Iíve invested).

Of course, I had seen some of your old posts and strategies, since you were kind of a highlighted special here in WO thread in recent times, and some of our strategies differed in the early days... yet I was pretty highly down too... I believe that my max amount of down was in the 65% territory... and during that time, I was trying to figure out ways to be prudent, and I also realized that every extra dollar that I put into bitcoin would bring my cost per BTC down by quite a lot, so there was a considerable incentive to buy more BTC - even while at that same time it was scary (and perhaps seemingly lacking of prudence) to invest more into something that you already had a lot invested into and was underwater.

I am probably in around 5x up territory currently, depending upon how matters are calculated.  It can become a bit complicated to calculate sometimes... but the point for both you and me remains very similar in that there were times of considerable negative value as compared to currently having decently sized equity and cushion in the who investment.  From the outset, I considered investing into bitcoin as a kind of novel investment, and I thought that if I can get it to perform equally or even in the ballpark of my traditional investments (which tend to average in about the 5% to 6% territory), then I am doing quite well... and think about it, 5x in five years, is quite well in a kind of 100% per year arena (with a decent amount of cushion).  I am not even calculating accurately because it's not like I put all of my money in on day 1, so when dollar cost averaging in, it can be a decently greater calculation obstacle to figure out overall average return - yet some people will make attempts to take snapshots, such as where they were at at the end of each calendar year,  and then attempt to average it out from that (even though those would be kind of weighted averages since the BTC balance would be different each snapshot, too).

Basically Iím calm & relaxed now after the initial shock of dropping so much, so fast from 7k or 8k to 3.5k.
Nothingís going to phase me now, I have strong hands & I can HODL until at least 2021 - 2022 like Iíve always said.

So itís simply time to get on with our boring jobs/businesses until moon launch.

I think that part of my goal has been to attempt to make bitcoin a more boring investment for me, but having so much ongoing action and drama in the bitcoin space (and the ongoing attacks on bitcoin) seems to cause some inabilities to completely detach from some ongoing involvement in the investment... yet, at the same, time, I do believe that if BTC value does continue to go up in any kind of reasonable way (that is largely presumed to have high likelihood), then my goal to become a lot more passive in my BTC investment has decent odds of realization in the coming years.. and moreso the longer that I project out the timeline (and decent likelihood of enjoying while having some youth).
Biodom
Legendary
*
Offline Offline

Activity: 2156
Merit: 1333



View Profile
November 30, 2018, 08:35:32 PM
Merited by JayJuanGee (1)
#437259

The bottom is not in.

This isnít about price, itís about time.  We havenít had enough time to digest the last bull market.  

We will hit absolute bottom between here and mid-2019.  I canít give you a price target because itís not about price.  

Well, what this contention is based on, exactly?
There is no law that in bitcoin bear markets have to last the same time as bull markets (or longer).
In US stocks market, by comparison, bull markets typically last longer (in time) than bear markets (at least in the last 100-120 years).
I "digested" the last bull market just fine, so I vote for bull resumption earlier than mid 2019.

TL;DR Basically, this is just an opinion that is not based on anything else than your "gut". It could be right, but could be wrong just as well.
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 1918
Merit: 2345


One of the world's leading Bitcoin-powered casinos


View Profile
November 30, 2018, 08:37:39 PM
Merited by BTCMILLIONAIRE (1), Last of the V8s (1), micgoossens (1)
#437260

Just merited a quote instead of the original.

You guys look all the same with that hats.

 ?? These hats are more unique than a Bitcoin address.



I will wear mine when this signature campaign Iím in ends. I sort of want to wear it now & wave the pay from the campaign but Iíll wait until it ends Grin

LFC hat will be worn early New Year!

Will this hat fad last until the new year?  you could become a late adopter, perhaps?
What the fuck do you mean "fad"?

A fad is like a trend/fashion that passes. Kind of like a haircut or sneakers that arenít cool for long
Pages: « 1 ... 21813 21814 21815 21816 21817 21818 21819 21820 21821 21822 21823 21824 21825 21826 21827 21828 21829 21830 21831 21832 21833 21834 21835 21836 21837 21838 21839 21840 21841 21842 21843 21844 21845 21846 21847 21848 21849 21850 21851 21852 21853 21854 21855 21856 21857 21858 21859 21860 21861 21862 [21863] 21864 21865 21866 21867 21868 21869 21870 21871 21872 21873 21874 21875 21876 21877 21878 21879 21880 21881 21882 21883 21884 21885 21886 21887 21888 21889 21890 21891 21892 21893 21894 21895 21896 21897 21898 21899 21900 21901 21902 21903 21904 21905 21906 21907 21908 21909 21910 21911 21912 21913 ... 25613 »
  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!