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Poll
Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9%)
8/4 - 16 (13.1%)
8/11 - 7 (5.7%)
8/18 - 6 (4.9%)
8/25 - 8 (6.6%)
After August - 73 (59.8%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26486451 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. (174 posts by 3 users with 9 merit deleted.)
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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March 07, 2019, 03:21:26 PM

$2500000/$3860=648 BTC, only probably two-five thou people have that worldwide.
At 19780/btc it was 126 btc.
How times change.

 These USD price levels don't currently support true "Fuck You Money" status, for dolphins, at least.

 It's more "Hey, uhh, like, leave me alone. Dickhead" money.
 

yup

OK, one million? for one person middle age or older maybe it could be done but a millions bucks is nothing like what it once was. but with good planning and a restrained financial lifestyle i could be done. ration those "fuckyous" though, you wont have many.

to me 5 million USD is the ABSOLUTE LEAST amount where anyone can start to ignore most things and live passively the rest of their life. limited "fuckyou" stuff though.

25  mill USD? now yer talking. but keep going..

50 mil? ok thats decent,  pretty nice "fuckyou" allocation reached.

100 million.. THATS "fuckyou money

so we're back to the wholecoiner thing
3 or 4 halvings hence one bitcoin will easily be worth 100 million dollars in today's terms
in fact we'll most likely have won by then, so it'll be 1BTC = 1 county.

Wow.  Thanks for the info V8.  We are all gonna be rich.  

At least, those of us in this thread that buy a mere portion of a BTC and are able to hang onto it through a few more halvenings.

JayJuanGee
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March 07, 2019, 03:27:46 PM
Merited by vapourminer (1)

Let me see if I can describe what I mean by basic level entry level "fuck you-ness." 

[...]

I was referring to "fuck you" as a personal statement and not a statement of wanting to create some kind of an extra self-fulfilling project.. that is like an additional layer of luxury that goes beyond the basics and is personal to you, and would not be within the entry level of "fuck you" status that I had been attempting to outline and conceive at the "any person" level.

ah. that explains our difference.

my "fuckyou" point is like state tax too high and regulation written like 4 years olds did it? fuck you state. sell/move everything: pick any state like thats less greedy/restrictive to move and just go.

weathers too cold? fuck you weather. hey i hear halfway round the planet is nice this time of year; instant 4-6 month vacation traveling the warmer climates.

someones properties has trees or structures that block your otherwise awesome view of nature? fuck you folks* name a price to sell your properties. ok here you go. ya got 3 months and then my crew comes in to make a more pleasant view for ourselves and our cats to look at.

* i would be more polite of course.

etc

Those are great examples regarding how we are defining "fuck you" money, and it would be nice if Infofront would attempt to define, in the upcoming poll, what status he is considering... entry level fuck you or fuck the world fuck you.  They are a bit different, and I would argue that the entry level "fuck you" is the most important.. because it is at least telling us the bare minimum at what level you are leaving your job and any of that kind of employment in which you are beholden to others.. yet I understand why and how people are going to consider variations on that theme and higher levels of fuck you-ness.
infofront (OP)
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March 07, 2019, 03:31:48 PM
Merited by JayJuanGee (1)

$2500000/$3860=648 BTC, only probably two-five thou people have that worldwide.
At 19780/btc it was 126 btc.
How times change.

 These USD price levels don't currently support true "Fuck You Money" status, for dolphins, at least.

 It's more "Hey, uhh, like, leave me alone. Dickhead" money.
 

yup

OK, one million? for one person middle age or older maybe it could be done but a millions bucks is nothing like what it once was. but with good planning and a restrained financial lifestyle i could be done. ration those "fuckyous" though, you wont have many.

to me 5 million USD is the ABSOLUTE LEAST amount where anyone can start to ignore most things and live passively the rest of their life. limited "fuckyou" stuff though.

25  mill USD? now yer talking. but keep going..

50 mil? ok thats decent,  pretty nice "fuckyou" allocation reached.

100 million.. THATS "fuckyou money

so we're back to the wholecoiner thing
3 or 4 halvings hence one bitcoin will easily be worth 100 million dollars in today's terms
in fact we'll most likely have won by then, so it'll be 1BTC = 1 county.

Wow.  Thanks for the info V8.  We are all gonna be rich.  

At least, those of us in this thread that buy a mere portion of a BTC and are able to hang onto it through a few more halvenings.

...and manage to stay alive for 15+ years, despite all the hookers, blow, and lambos.

Those are great examples regarding how we are defining "fuck you" money, and it would be nice if Infofront would attempt to define, in the upcoming poll, what status he is considering... entry level fuck you or fuck the world fuck you.  They are a bit different, and I would argue that the entry level "fuck you" is the most important.. because it is at least telling us the bare minimum at what level you are leaving your job and any of that kind of employment in which you are beholden to others.. yet I understand why and how people are going to consider variations on that theme and higher levels of fuck you-ness.

I guess the poll will have to be denominated in fiat, but yeah I'd like something along those lines for the next poll.
jojo69
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March 07, 2019, 03:31:58 PM

Not sure why Australians count as "westerners," but they do.

Australians are more like muur'cans than they like to admit...or maybe it's the other way around...
jojo69
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March 07, 2019, 03:38:48 PM

The light that reflects off of cryptoqueen is indeed pleasant to perceive.
goldkingcoiner
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A Bitcoiner chooses. A slave obeys.


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March 07, 2019, 03:46:25 PM

Highest level of stupidity



So they just gave up and left it as is? I hate quitters. Grin
JimboToronto
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March 07, 2019, 03:52:51 PM

A frigid good morning Bitcoinland. Didn't check in yesterday because I was busy trying to keep warm by rushing around like a madman getting shit done. Halfway there already. Hopefully I'll be back in the steamy jungle within a few days.

The price seems to have settled back into the high $3.8k range... currently $3885USD/$5218CAD (Bitcoinaverage).

Still can't afford to add to my stash but at least I haven't had to sell any either.

Go Bitcoin go.

Not sure why Australians count as "westerners," but they do.

Australians are more like muur'cans than they like to admit...or maybe it's the other way around...

This is why most Canadians relate more to New Zealanders than to Aussies.
Febo
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March 07, 2019, 04:27:55 PM
Last edit: March 07, 2019, 04:47:58 PM by Febo

Have not SODL anything since I was openly discussing plans for my early retirement fund in 2017 (which, coincidentally, paid me out my first paycheck yesterday, to keep me going for the next 20 years)

It seems you timed out your retirement almost perfectly to match with the bottom Tongue


Internet users worldwide:

Africa           21.8%      
Americas      65.9%
Arab States  43.7%
Asia              43.9%
Europe         79.6%

The internet didn't have the internet to on-board users.

But guess what does?

Bitcoin. 🚀

https://twitter.com/alecziupsnys/status/1103293934997000192?s=21

How can you be that ignorant Mic? try to google it first next time before posting any random data? Cheesy
 



This twitter handler is dead wrong with his statistics.

I dont understand your point. This statistics are not totally identical but they are super close. Yours datas are like 5-20% higher.  I only see drastic difference in Arab states - Middle East and Africa. But that might be because they dont consist same countries.  The last column in your table is about share of a continent in pie of all internet users. Most people live in Asia so they have most.
Last of the V8s
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Be a bank


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March 07, 2019, 04:55:08 PM
Merited by JayJuanGee (1)

https://www.thesun.co.uk/news/8575776/billionaire-diamond-trader-ehud-arye-laniado-65-dies-during-penis-enlargement-surgery-that-triggered-heart-attack-at-paris-clinic/
fuck-you money can't buy everything
VB1001
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<<CypherPunkCat>>


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March 07, 2019, 05:07:03 PM

Coinmarketcap, some alternatives:

CryptoCompare https://www.cryptocompare.com/

CoinGecko https://www.coingecko.com/en

Live Coin Watch https://www.livecoinwatch.com/

CoinCodex https://coincodex.com/

OnChainFX https://messari.io/onchainfx

https://thebitcoinnews.com/best-coinmarketcap-alternatives-2019-guide/

becoin
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March 07, 2019, 05:20:56 PM

Nice organic demand.
Many whales will be caught wrong footed.
No mercy for shorters!
They'll try to take your bitcoins at 6% and double down on their shorts.
Don't let be scammed!
VB1001
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March 07, 2019, 05:25:48 PM

Unpacking Schnorr Signatures: Blockstream’s MuSig to Improve Bitcoin Transactions?

“Schnorr multisignatures are one specific type of multisignature which are small (64 bytes regardless of signer set size), which can be verified very efficiently, and which avoid exposing the number of signers to the blockchain.”

https://cointelegraph.com/news/unpacking-schnorr-signatures-blockstreams-musig-to-improve-bitcoin-transactions
VB1001
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March 07, 2019, 06:09:33 PM

The Perfect Storm !

Ex-Bitmain Bitcoin Cash Staffers Form Startup to Lend and Trade Crypto

https://www.coindesk.com/bitmain-bitcoin-cash-startup-matrix-jihan-wu-custody-otc-lending
machasm
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March 07, 2019, 06:38:17 PM


Ironically he was trying to enlarge the very thing that literally does ‘fuck you’.
Raja_MBZ
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March 07, 2019, 06:47:53 PM

Highest level of stupidity



I don't think that it's so stupid - cash is always present inside!
g-uid
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March 07, 2019, 06:57:57 PM


Thanks. I like this too:

Coin Market Book https://coinmarketbook.cc/

They rank by taking in all the order books (within 10% of the price) across a number of exchanges.
Last of the V8s
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March 07, 2019, 06:58:35 PM

While your bees are alive and your wallet is online, your bees will attempt to produce a new hivemined block every time they observe a new incoming proof-of-work block; hivemined blocks must always follow proof-of-work blocks. This mining attempt takes only a fraction of a second even for large hives, and shouldn't cause any lag or lock-up of your computer. Energy usage is negligible.
HairyMaclairy
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March 07, 2019, 07:18:39 PM

The Perfect Storm !

Ex-Bitmain Bitcoin Cash Staffers Form Startup to Lend and Trade Crypto

https://www.coindesk.com/bitmain-bitcoin-cash-startup-matrix-jihan-wu-custody-otc-lending

The dream of the Bitmain IPO died a long time ago - at least on the Hong Kong stock exchange.
BitcoinGirl.Club
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March 07, 2019, 07:37:54 PM

I hate it when I have busy day 🤨
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March 07, 2019, 07:38:07 PM

Bitcoin: Crypto investors 'think they can get rich quick'

https://www.bbc.com/news/business-47483068

Interestingly:

Quote
Despite the hype, very few people actually put their money into this kind of unregulated investment, according to the Financial Conduct Authority's research. Its findings suggested:

>Only 3% of those asked in the FCA's survey had ever bought cryptocurrency such as Bitcoin
>Those who do buy cryptocurrency tend to spend less than £200
>Just one in 100 people who have not done so said they would in the future
>Cryptocurrency is primarily understood by men aged 20 to 44, but 73% of all those asked said they could not define it

I'm glad that... it's just the beginning! Wink
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