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Question: Is this the last time we see sub-$10K?
Yes - 38 (40.9%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21533990 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. (142 posts by 32 users deleted.)
makrospex
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August 04, 2019, 06:07:18 PM
Last edit: August 04, 2019, 06:31:14 PM by makrospex

I’ve started to go for a long walk every night now to try & get fitter. When you hit your 30’s your metabolism goes out of the window & it’s tough to stay in shape. Think I’m gonna join a gym soon.

Man, you think 30s are tough on metabolism, wait until you hit 40. I simply eat too much these days, whereas 5 years ago it would have been just enough, and my job keeps me inside. Still not really a good excuse to avoid exercise. I should find a gym nearby and try to hit the weights again. Beginning to grow old man tits, like Craig Wright.
I am on my 37th. Last two (three) years I am not into much physical work (almost no physical work). Most of the time, I am in my desk, with family, day out once or twice in a week, visiting relatives are my regular life. I have to admit that I eat too much and get hungry very quick. I am too lazy that I do not do any sorts of physical exercise. Last few days I am having this thought that I really (seriously) need to look after my physic. I mean I look healthy and strong but I feel I do not have much stamina, get tired very quick. Body full of fat especially the bally area. It's getting bigger. I used to drink and smoke a lot but not into serious drinking from years and gave up smoking (almost zero in a week but sometimes one or two in a month) from last two years.

Every day I keep saying my wife that I will start exercise from tomorrow but this tomorrow never comes. I have to admit it's hard to find motivation to have a lean healthy body.

Start walking for about 45 minutes 2 or 3 days a week, you will not become an athlete, but will keep you fit.

Disagree. Energy and performance.... It's almost all in nutrition. Get used to eat low carb.
20% carbs, no sugars, no sweeteners, no softdrinks, avoid wheat meal.
30-50% fat, it delivers slow, sustained energy
50-30% proteins. Preferably milk, cheese, eggs, meat.

The more fibers (more vegetables, less fruit), the less obstipation. Once you start to lose weight and gain energy, start exercising and probably add muscle supplements in small doses. Watch your joints, do less running, more exercise without weights, only body weight (planking, push-ups 15-30mins over a day). This is just for compensating posture problems when you sit around most of the day. Walking and moving around (playing with the kids) should be enough to keep you fit. The body works best when delivered the right "fuel".

Just my three cents.

EDIT: I'm keeping myself to this "diet" 95% of the time. I eat 2-3 times a day and i don't feel hungry for 6+ hours after eating. I remember times at McDonalds and the likes, where i was hungry 2-3 hours after feeling fully saturated.
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August 04, 2019, 06:20:46 PM

I hope that the world does not deteriorate further in that direction... though I do agree with you regarding the likely transfer or wealth from nocoiners to coiners, so in that regard, it is not too late to join the world of coiners if you happen to not be one, yet.  Surely there is some benefits to getting into BTC earlier.   Is there a saying about when is the best time to get into bitcoin?  yesterday.  When is the second best time to get into bitcoin?  today.  

I think that there are at least a few more 10x price runs (maybe even up to 5) before the wealth transfer from no coiners to coiners has largely and mostly taken place.

Many of us who are mostly not easily shaken from our coins will be decently rich, maybe even approaching "filthy" level with one or two more 10x price surges.  One 10x surge puts prices at $100k and 2 10x surges puts prices at $1million.  Most others participating in this thread with lower BTC holdings should be able to achieve such status by the time three 10x price surges occur.. that would be $10million a coin, so in those circumstances, even .5 BTC would be decent, but a whole coin would be even better... and you guys holding 5 or more coins will be sitting pretty... problem is that $10million per coin seems a bit of a stretch of the imagination, even if it is after 2028 or so?  there are quite a few participants in this thread that have at least until 2028 to stack their sats, no?

To me current probabilities look like this:

Within 3 years (2022), I estimate the probability of $100K at 50%

If 100K is achieved on schedule, $1mil probability in 2026 might be 20-30%

It is also possible that $300-400K (roughly a marketcap of gold) would be a longer term maximum for a decade or a bit longer.

TL;DR 10X surges will not continue for multiple cycles, maybe only 1-2 such cycles left.

Your numbers seem to be pretty reasonable, so instead of settling for "filthy" rich, it is better for many of us to just to count on "normal everyday regular" rich.   Cry Cry Cry

And, maybe peeps who want to achieve at least a minimum of $2million, would need to have at least a minimum of 6 coins - that is if there is any kind of sustainability in the $350k price range.

Personally I would not expect sustainability of any kind of meaningful price in BTC for the next 20 years or so, but there might be some frequently passed through areas that are sticking points from time to time... and market cap for gold seems to be a kind of reasonable one - even though bitcoin, in and of itself is probably decently 10x more valuable than gold, as a whole and as a system, but yeah, we are not going to see true value for a while, and also peeps of the world are not going to appreciate the value of bitcoin for a while, whether retail or institutions and surely retail is likely to lag behind institutions, I would think... but hey what do I know?

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How much alt coin diversification is needed? 0%?


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August 04, 2019, 06:26:24 PM

I argued the mere fact that Beam is not a shitcoin after someone mentioned that it was. Happy speculation, I will probably check in after another 3 years.

No one will use company/foundation/corporation/country/whatever owned coins. Specially with alternatives they have.


Data show otherwise, Beam average number of transactions daily is much more than Monero and definitely more than Zcash and Grin combined and it is growing daily, again I am not trying to convince you anything, just get your facts straight.

Someone asked me how come an OG like me is into altcoins, the truth is that I joined this space for 2 things: interesting tech and making profits, and after 7 years I am still looking at all kinds of tech and trying to make a living off it at the same time, so all I can say to you guys is don't be stuck in that echo chamber of maximalism, be a minimalist on maximalism because it is becoming a cult.

Ask yourself what is the goal behind your involvement in this space, then be agnostic about it.


Sad to see another legendary account sold/stolen and turned into a shitcoin shill. Angry

Regarding the sold or stolen, no way... he is the same dweeb as before.. in other words, he was always like that...  at least from 2014, when I became familiar with him.  I did not look back at his pre-2014 posting history.

There is no such thing that all legendary accounts automatically are "with the program" like many of the WO active participants - and not saying that only legendary accounts are enlightened because sometimes you could be a newbie account and be enlightened about bitcoin.  I have been hearing some good podcasters, recently, and fuck some of those guys seem to be quite with the program and they have only been into bitcoin for short periods of time.
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August 04, 2019, 06:28:09 PM
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same mistake as Monero.

Wrong a tiny tail emission that supports mining is not infinite coins.



Tail emission forever *is* infinite coins. Monero’s tail emission rate is 3.6%.  

 Bitcoin’s current inflation rate is 3.87%. In May 2020 Bitcoin’s inflation rate will be less than Monero’s tail emission rate and will keep falling.  Monero will never match Bitcoin as a store of value.  

The transaction fees on Monero are sufficiently horrifying that there is plenty there to support mining.

Tail emission is a fatal flaw.
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August 04, 2019, 06:42:57 PM
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I'd like to see any of these shitcoin lovers that come and grace this thread, answer this one question:

If Bitcoin functions securely, has the most and widest user/broker/exchange/merchant/miner support, and does everything it needs to do for both e-commerce transactions and SoV, why look elsewhere for anything else?

If you can't answer honestly without throwing in " 'cause speculation reasons", then you are full of shit. Because outside of that, trying to get rich on a flyer or something, you'd have no valid reason.


Horrible privacy, Horrible scaling at the first layer, unreliable for microtransactions...etc, and now toxic community that has cult-like features.

Beam is everything that Bitcoin is not that is why I say it is not a zero-sum game.

Also, ain't no one telling me about how is the code is great, I worked for a company that basically made shitcoins for other companies (private blockchains), it is so much insulting to hear about how much talent Bitcoin devs have, other industries have thousands of better-talented people that you can't even start comparing.. I cringe so hard every time I hear this especially because most of the time it comes from noobs who have no idea.


I love how you shitcoiners are always jumping ship. I thought it was Grin or some shit that was "bestest". So Beam is the shitcoin du jour this month? What'll it be next week, or month? Another new shitcoin? I guess there's always a new "bestest shitcoin" right around the corner.  Make sure you catch the pump tho, and then dump it. No reason to support it for years, or even decades. Wink
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August 04, 2019, 06:44:05 PM


Disagree. Energy and performance.... It's almost all in nutrition. Get used to eat low carb.
20% carbs, no sugars, no sweeteners, no softdrinks, avoid wheat meal.
30-50% fat, it delivers slow, sustained energy
50-30% proteins. Preferably milk, cheese, eggs, meat.

The more fibers (more vegetables, less fruit), the less obstipation. Once you start to lose weight and gain energy, start exercising and probably add muscle supplements in small doses. Watch your joints, do less running, more exercise without weights, only body weight (planking, push-ups 15-30mins over a day). This is just for compensating posture problems when you sit around most of the day. Walking and moving around (playing with the kids) should be enough to keep you fit. The body works best when delivered the right "fuel".

Just my three cents.

EDIT: I'm keeping myself to this "diet" 95% of the time. I eat 2-3 times a day and i don't feel hungry for 6+ hours after eating. I remember times at McDonalds and the likes, where i was hungry 2-3 hours after feeling fully saturated.

Thanks for your advice, I have no overweight problems (high 1.82m / 75kg.)
As of everything but little amount, the gym bores me, the only sport I practice is skiing, the rest of the year I will walk 2 or 3 times a week and it keeps me well.
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August 04, 2019, 07:00:24 PM

yet another far right wing multiple murder?

Give it up (((shitbag))).  Nobody believes these govt staged attacks.  Jew puppet director of the FBI, Christopher Wray, comes out of the blue claiming "white people" are the #1 threat to America and then two days later they do these false flags and load up the entire news 24/7 with pre-scripted actors like Beto O'rourke and Pete Douchebagajig trying to ban guns and demonize white people.  

This new false flag shooting is even more obvious than the Florida one where crisis actor David Hogg first claimed he was inside the school when it happened, and then later he claimed he was AT HIS HOUSE and "rode his bicycle" to the school to see it and wasn't there when it happened at all LOL.  He can't even keep his false flag story straight.
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August 04, 2019, 07:17:53 PM
Last edit: August 04, 2019, 08:14:43 PM by Febo

I argued the mere fact that Beam is not a shitcoin after someone mentioned that it was. Happy speculation, I will probably check in after another 3 years.

No one will use company/foundation/corporation/country/whatever owned coins. Specially with alternatives they have.
Data show otherwise

Unknown amount of Monero gets transacted daily.

You should definitely listen to Libra hearings. You will realize in a second why people will rather choose permissionless coins.
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August 04, 2019, 07:31:06 PM
Last edit: August 04, 2019, 08:05:23 PM by realr0ach

"How do we stop humans from hurting each other?" is the naive question, plus the solution is simple - restrict everyone's freedom to the point it becomes physically impossible.
A more nuanced question would be "how do we prevent humans from wanting to hurt each other?"

https://twitter.com/lopp/status/1158037245204619264?s=20

That was the absolute dumbest thread I've ever seen with a bunch of people who make believe they're intelligent trying to sound profound and failing miserably.  His original question "How do we stop humans from hurting each other?", is the same thing as asking "How do we get rid of natural selection?"  You don't, you fucking idiot.

In evolution, if an organism evolves to harness sunlight, plants, or anything else for energy, another organism will evolve to harness the organism itself for energy instead - a predator.  Evolution is designed to create things that hurt each other.  It is not limited to humans, it's every living creature.  Having said that, the shooting he's talking about is another (((govt))) false flag to try and ban guns, so the thread is based on a false premise.  And if there is any predator preying on other humans that humans should band together against, it's the Jews running the media and banks.
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August 04, 2019, 08:08:16 PM

I suspect the domestic terror threats of the next decade will be incel shitcoiners (every coin but Bitcoin) killing innocent nocoiners for not adopting their shitcoin.

Bitcoiners wont be affected bc of the ability to afford the best security sound money can buy.

via Imgflip Meme Generator

Hey Lambie! When $4900?  Grin
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August 04, 2019, 08:11:50 PM
Last edit: August 04, 2019, 08:22:08 PM by realr0ach

Tail emission forever *is* infinite coins. Monero’s tail emission rate is 3.6%.  

Tail emission is a fatal flaw.

Hairy, stop pretending you know what you're talking about.  There's A LOT of people who question whether a digital shitcoin can work with zero block reward - I think even a few Bitcoin devs like Peter Todd.  There are numerous adversarial mining strategies that don't work with a block reward but do work without one.  It gets stupidly complex once you get into all the block withholding attacks and other bs:

https://freedom-to-tinker.com/2016/10/21/bitcoin-is-unstable-without-the-block-reward/

Regardless of how you want to look at it, it's a FACT:  the lower the block reward goes, the less secure Bitcoin is.  A static block reward is an inflation tax on all.  You're robbing all hodlers to pay miners for security.  A block reward of zero and transaction fee tax subsidy is inherently less secure because you're drawing upon less coffers, and they can either be unwilling or unable to foot the same bill as a much large pool of people in an inflation tax.
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August 04, 2019, 08:35:30 PM
Last edit: August 11, 2019, 01:51:07 AM by Danslip

Tinfoil hat on:
Price looks for the position to take rest without bears. Whales must be a little worried about the bitcoin price. Expect a volatility after the close bar of CME futures. Correction is essential even without the help of bears.
Tinfoil hat off
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August 04, 2019, 08:56:14 PM
Last edit: August 04, 2019, 09:53:26 PM by ivomm

Usually, this thread is flooded by trolls during dull and bad days, but why today?  I don't get it.  Unless... they are so desperate having sold too early and seeing now the price, so the only thing that comes to their sick minds is to come here and do some shitposting with the same taste in their mouths. Guys, get a grip, Bitcoin is heading for another massive and long bull run. Buy now, hodl for 3-5 years and all your misery will be gone one day when you see the result. But if you are thinking that you can make a big hit with some pump/dump shitcoin, this is your sick brain that will lead you to a destruction. Nobody here is to blame when you cry in pain and misery. Transaction fees, speed, bla bla bla. This trick will not work on the minds of the jedi here in WO! Tongue
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August 04, 2019, 08:57:41 PM

Sad to see another legendary account sold/stolen and turned into a shitcoin shill. Angry

Nope.

I ignored him years and years and years ago for the exact same reason many are in the mood to do so now.
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August 04, 2019, 09:14:05 PM

Usually, this thread is flooded by trolls during dull and bad days, but why today?  I don't get it.  Unless... they are so desperate having sold too early and seeing now the price, so the only thing that comes to their sick minds is to come here and do some shitposting with the same taste in their mouths. Guys, get a grip, Bitcoin is heading for another massive and long bull run. Buy now, hodl for 3-5 years and all your misery will be gone one day when you see the result. But if you are thinking that you can make a big hit with some pump/dump shitcoin, this is your sick brain that will lead you to a destruction. Nobody here is to blame when you will cry in pain and misery. Transaction fees, speed, bla bla bla. This trick will not work on the minds of the jedi here in WO! Tongue

I'm out of smerits so +1 WO merit  Cool
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August 04, 2019, 09:16:42 PM

Sad to see another legendary account sold/stolen and turned into a shitcoin shill. Angry

Nope.

I ignored him years and years and years ago for the exact same reason many are in the mood to do so now.

Don't worry too much about it uncle D, serveria.com enjoys jumping into hasty conclusions. Roll Eyes
Searing
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August 04, 2019, 09:19:20 PM

Usually, this thread is flooded by trolls during dull and bad days, but why today?  I don't get it.  Unless... they are so desperate having sold too early and seeing now the price, so the only thing that comes to their sick minds is to come here and do some shitposting with the same taste in their mouths. Guys, get a grip, Bitcoin is heading for another massive and long bull run. Buy now, hodl for 3-5 years and all your misery will be gone one day when you see the result. But if you are thinking that you can make a big hit with some pump/dump shitcoin, this is your sick brain that will lead you to a destruction. Nobody here is to blame when you will cry in pain and misery. Transaction fees, speed, bla bla bla. This trick will not work on the minds of the jedi here in WO! Tongue

I'm out of smerits so +1 WO merit  Cool


Could be on the above troll fest they read this today

https://bitcoinist.com/max-keiser-bitcoin-price-could-pass-usd-15k-this-week/

I'd guess that would have really set some folk off in the troll camp about Bitcoin....just saying something likely triggered such..I HOPE it was the above link!

later

Brad
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August 04, 2019, 09:34:36 PM

Sad to see another legendary account sold/stolen and turned into a shitcoin shill. Angry

Nope.

I ignored him years and years and years ago for the exact same reason many are in the mood to do so now.

Don't worry too much about it uncle D, serveria.com enjoys jumping into hasty conclusions. Roll Eyes

Hasty or not but I can smell beartrolls from miles away.  Cool
makrospex
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August 04, 2019, 09:52:09 PM


Disagree. Energy and performance.... It's almost all in nutrition. Get used to eat low carb.
20% carbs, no sugars, no sweeteners, no softdrinks, avoid wheat meal.
30-50% fat, it delivers slow, sustained energy
50-30% proteins. Preferably milk, cheese, eggs, meat.

The more fibers (more vegetables, less fruit), the less obstipation. Once you start to lose weight and gain energy, start exercising and probably add muscle supplements in small doses. Watch your joints, do less running, more exercise without weights, only body weight (planking, push-ups 15-30mins over a day). This is just for compensating posture problems when you sit around most of the day. Walking and moving around (playing with the kids) should be enough to keep you fit. The body works best when delivered the right "fuel".

Just my three cents.

EDIT: I'm keeping myself to this "diet" 95% of the time. I eat 2-3 times a day and i don't feel hungry for 6+ hours after eating. I remember times at McDonalds and the likes, where i was hungry 2-3 hours after feeling fully saturated.

Thanks for your advice, I have no overweight problems (high 1.82m / 75kg.)
As of everything but little amount, the gym bores me, the only sport I practice is skiing, the rest of the year I will walk 2 or 3 times a week and it keeps me well.

Sounds good. I don't see much to change activity-wise. Metabolism gets slower over time, while ageing.
I'm 40+ with slight underweight, more the type of guy that can't really gain weight by food (some call me lucky in that regard).
However, i felt more energy to move/exercise and also more stamina southwards  Wink after reducing carbs and banning sugars, while body definition and overall posture improved (less bloating).
Gym IS boring, i need 3x3 minutes a day for my planking routine (each 1 min. elbow + either side) plus a set of 10 push-ups per minute, five to six repetitions. But this is mainly for maintaining core stability, as i'm still skateboarding once a week.
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August 04, 2019, 09:56:06 PM

Sounds good. I don't see much to change activity-wise. Metabolism gets slower over time, while ageing.

I have a gut you could set out a ten course meal on and have enough space left over to lay out your Scalextric track for a seductive post dessert race. I can't say I'm massively bothered but it does feel like a giant dick dangling off my midriff. Maybe it's time to starve in the wilderness for a bit.
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