Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[HairyMaclairy]

[vapourminer]

It is very short sighted to think that gold or silver has a secure future.   Mining in space will require power but in the inner solar system solar power works fine.  As you go out the gas giants, even some moons can provide almost unlimited supplies of fuel.  Fission isn't a problem either in deep space as long as the reactors don't come back to earth.   Energy isn't an issue.   Mining the solar system will start slowly but the handwriting is on the wall.  The only real hurtles are battery technology and AI to run the ships.   Huge inroads in both areas over the last few years.   It will be insanely expensive at first, but those expenses will be dwarfed by the long term profits.   It will happen because that kind of profit brings power.  There are people that will do anything for power.

That is why digital currencies or something similar will replace gold as a store of value.  It might take a few decades but something will replace gold as a store of value because there is too much gold in the solar system, it is just a limited problem of how to get it.   We may even find economical ways to distill gold from sea water.   There is more gold dissolved in the oceans that has currently been mined.   Lack of technology has been protecting the value of gold, but that is rapidly changing.   

Its not so hard to believe now you have rockets popping back and forth to space and landing perfectly, like in some unbelievable 80s video game.

extracting gold would probably only be one use of asteroid mining. other advantages of asteroid mining such as refueling/maintenance/waypoint/science stations, plus the many other useful metals that can be mined may prove even profitable. so its not just gold, its just one more thing that would extracted.

used to take serious money and brave folks to cross oceans or even cross the continent (USA for the goldrush) back in the day.. but they did it and now its routine.

[LFC_Bitcoin]

via Imgflip Meme Generator
^
THANK YOU Arriemoller for sending me a collectible coin, Will be added to the collection.

What a community

How do you guys buy stuff on the forum? Do you get it sent to your home address?
I don’t think I’d be comfortable doing that, total DOX opportunity.

[vroom]

via Imgflip Meme Generator
^
THANK YOU Arriemoller for sending me a collectible coin, Will be added to the collection.

What a community

How do you guys buy stuff on the forum? Do you get it sent to your home address?
I don’t think I’d be comfortable doing that, total DOX opportunity.

there are services which provide anonymous parcel forwarding. this one for example: https://mail-ghost.com/

[BTCMILLIONAIRE]

3)  The ISS cost $150 billion, can only handle a crew of 7, and doesn't generate near enough power to mine anything.  Facilities to do all this nonsense you speak of would be trillions of dollars and science fiction levels of size.  Please draw us up your sketch of what this supposed facility looks like.  Lemme guess, it's a dyson sphere?  Imagine them trying to drag asteroids towards this thing, making some tiny mistake, and it runs into your base at 10mph, which is enough to destroy your entire bazillion dollar facility that took decades to build and everyone dies.  Or they lose control of the rock, drop it on earth, and it just wipes out a state or country.

Exponentially declining costs. But even those aside, $150 Billion is pretty cheap if you can mine trillions worth of metals on a fucking asteroid. You could spend ten times as much as on the ISS and still come out with profits.

[Dabs]

I'm pro-silver & gold and anti all (((digital currency))), ...

On a digital currency forum ... I guess you just said you don't really belong here, but for some reason like to hang around. Enjoy your stay.

[HairyMaclairy]

Golden cross approaching on the 100 (orange) & 200 (red) MA Dailies on Bitstamp



BFX Spread continues to widen



While Tether continues to sag below par (see blue line which represents parity with USD).




2015 Fractal, which uses BFX price, looks increasingly broken



The view from 10,000 feet is solid (BraveNewCoinLiquid Weekly showing MAs)

[El duderino_]

I'm pro-silver & gold and anti all (((digital currency))), ...

On a digital currency forum ... I guess you just said you don't really belong here, but for some reason like to hang around. Enjoy your stay.

Just don't be salty with the outcome

[LFC_Bitcoin]

I'm pro-silver & gold and anti all (((digital currency))), ...

On a digital currency forum ... I guess you just said you don't really belong here, but for some reason like to hang around. Enjoy your stay.

Just don't be salty with the outcome

When the bitcoin price moons I will pay r0ach well.....

To valet my car once & week a do my gardening.

[HairyMaclairy]

I'm pro-silver & gold and anti all (((digital currency))), ...

On a digital currency forum ... I guess you just said you don't really belong here, but for some reason like to hang around. Enjoy your stay.

Just don't be salty with the outcome

When the bitcoin price moons I will pay r0ach well.....

To valet my car once & week a do my gardening.

He doesn't strike me as the kind of guy who could do all that without badly fucking it up

[El duderino_]

Found this gem; recorded after watching it for you guys

#Bitcoin > Not a story; pure math

https://twitter.com/FatihSK87/status/1123866109478866944

LoL, nice  

[VB1001]

Bicoin Core 0.18.0


https://bitcoin.org/en/download

https://bitcoincore.org/en/releases/0.18.0/

[LFC_Bitcoin]

Bicoin Core 0.18.0


https://bitcoin.org/en/download

https://bitcoincore.org/en/releases/0.18.0/

I’ll wait, my OCD/paranoia always makes me want to wait until way after the release to upgrade.

What are the new features if anybody has upgraded?

[JayJuanGee]

Too little information.

Which one bought Bitcoin?

Are you getting smarter, fatty?

The last few times that you came to this thread you were spouting out some BIG Blocker altcoin pumping nonsense and bashing bitcoin.  You figuring out that bitcoin is the "one"?  Yet?

I think it is the question "who can afford to buy bitcoin", not who bought bitcoin that is the deciding factor anyway.

I am not sure about what point you are attempting to make, goldkingcoiner?

In bitcoin, you can invest $5 per week, if you want, so if you were to persist with such a habit of investing $5 per week for more than a year, perhaps you might end up investing only $250, but that still can add up into a decent amount of BTC accumulation.  

In 2015, such a persistent BTC investment strategy would have accumulated a whole bitcoin in less than one year, and in the past two years, such a persistent strategy could have accumulated quite a bit more than .1BTC in that two-year time period.

In other words, you do not have to be rich to buy bitcoin, but investing in bitcoin by continuing to buy, and continuing to hodl and accumulate BTC will likely cause you to be a lot richer in the future (especially looking 5 years or more down the road) than if you had invested that $5 per week in some other currency or asset class (crypto or otherwise), and it is also true that many other asset classes including other cryptos are not going to allow you to invest in $5 weekly increments and also to have some liquidity confidence, for example.

Well yeah, guess it is a good point but can or will a person who owes 150k make an investment that will significantly impact their life >150k+profit?

Key to debt is to use it wisely, and even if $150k is a high debt, investing in yourself is not an unreasonable investment.

When it comes to paying off the debt then of course, it becomes a bit more difficult to also invest in other assets, but if you are paying $1k or more per month on your student loan debts, then of course, you could also reasonably conclude to make some other investments too, and bitcoin would be a good choice - even if it is just a small amount.

Just because a person has $150k in debt does not mean that they otherwise are not able to make a variety of smart choices, contrary to the hypothetical situation that is described in the picture.

[El duderino_]

via Imgflip Meme Generator
^
THANK YOU Arriemoller for sending me a collectible coin, Will be added to the collection.

What a community

How do you guys buy stuff on the forum? Do you get it sent to your home address?
I don’t think I’d be comfortable doing that, total DOX opportunity.

Yes or you can let it come to a place to pick it up or something..... with some members you can maybe just let it come to your place, "privenote" is also a good tool to use for some info sendings ......

[VB1001]

Bicoin Core 0.18.0


https://bitcoin.org/en/download

https://bitcoincore.org/en/releases/0.18.0/

I’ll wait, my OCD/paranoia always makes me want to wait until way after the release to upgrade.

What are the new features if anybody has upgraded?

Hardware Wallet Compatibility

One of the most highly anticipated changes in Bitcoin Core 0.18.0 will be allowing users the ability to connect their hardware wallet (Ledger, Trezor, Digital BitBox, KeepKey and Coldcard) through the Hardware Wallet Interaction (HWI) tool. This combines one of the most secure ways to store your private keys with the most secure way to interact with the blockchain.

Hardware wallets are considered secure because the user’s private keys never leave the device. The keys are never exposed to the internet or the computer to which they’re connected, which makes hardware wallets immune to remote hacking.

While it is already possible to connect a hardware wallet to an Electrum wallet connected to your full node using the Electrum Personal Server, HWI will be the first native, hardware-to-node option as part of the Bitcoin Core project. For now, the HWI scripts are still command line only and a manual process is required to connect the hardware wallet.

Hardware Wallet Compatibility, as a novelty, the rest technical issues.

https://bitcoinmagazine.com/articles/bitcoin-core-0180-release-heres-whats-new/

gmax> Bitcoin Core 0.18.0 Released

https://bitcointalk.org/index.php?topic=5138532.0

[vapourminer]

Bicoin Core 0.18.0

https://i.imgur.com/Oqnuc6A.png
https://bitcoin.org/en/download

https://bitcoincore.org/en/releases/0.18.0/

I’ll wait, my OCD/paranoia always makes me want to wait until way after the release to upgrade.
 

same here. i always wait on wallet upgrades. hardware wallet, software wallet its all the same. i will let others do the testing.

maybe in the next few months ill install it.

CLI support for hardware wallets (trezor one is listed as supported) will be very nice.

[El duderino_]

#Gold is in big trouble. H&S top projects to 1236, then much lower. $GC_F $GLD



https://twitter.com/PeterLBrandt/status/1123944564224659456

#buyBTC

[El duderino_]

5400

Welcome back

[jojo69]

wait

I thought we were supposed to be crashing?