P_Shep
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Activity: 1795
Merit: 1208
This is not OK.
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September 11, 2019, 11:33:58 AM |
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I am a BTC believer. I am a HODLer. Sometimes, however, the serpent of doubt slithers through my soul. This halving might be different from the others. What we know is that halvings are going to be more and more irrelevant as the supply decreases. What we don't know is the rate of increase of the irrelevance. In order to estimate possible halving effects, we can use a priori data and contingent data. A priori data: current level of supply. Contingent data: state of adoption, price, market sentiment, etc. Just for a rough estimate, assuming the price at the halving is in the same ballpark as today: Date | Reward (BTC) | Price (USD/BTC) | Reward (USD) | 2012.11.28 | 50BTC | 12.35 | 617.50 $ | 2016.07.09 | 25BTC | 650 | 16.250 k$ | 2020.05.XX | 12.5BTC | 10500 | 131.250 k$ |
I've been looking at this table and pondering for a while, but the serpent isn't dead, not yet at least. Any food for thought? I'm still staying strong anyway, we all know why. I am a BTC believer. I am a HODLer. Think you need to take difficultly into account there. That reward is split among many more parties now.
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d_eddie
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Activity: 2548
Merit: 3159
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September 11, 2019, 11:34:41 AM Merited by fillippone (1) |
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Good and simple read. Merit-worthy, but I'm dry. +1 WOsMerit (Sorry: valid in the WOT only, as per instructions from management.)
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VB1001
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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September 11, 2019, 11:37:36 AM |
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fillippone
Legendary
Online
Activity: 2212
Merit: 15839
Fully fledged Merit Cycler - Golden Feather 22-23
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September 11, 2019, 11:51:21 AM |
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Good and simple read. Merit-worthy, but I'm dry. +1 WOsMerit (Sorry: valid in the WOT only, as per instructions from management.) Thanks, appreciate WO merits also.
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xhomerx10
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Activity: 3892
Merit: 8289
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September 11, 2019, 12:33:12 PM Merited by JayJuanGee (1) |
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Fiat currencies. Backed by the military. I know some of you don't like this, but I just can't hold it in. Special forces. When V8 originally posted this, it registered in my mind as funny - albeit dark humour - and I have to admit a tiny smile crossed my face. I think that was okay because I was alone; nobody saw me smile. Now when I read this post, I felt an ever so slight, rhythmical contraction of my diaphragm and possibly an unconscious vocalization but not loud enough for my daughter to have heard. While it might have been politically incorrect to laugh, perception of humour is by and large an unconscious act and laughter is known to reduce stress hormones and to improve your body's immune system. So thanks you two for extending my life and at the same time damning my soul to an eternal hell! I'm just going to leave this here: I have a dog with no legs. I call him Cigarette because every evening when I get home from work I take him for a drag.
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vroom
Legendary
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Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
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finally a climate-neutral possibility to mine bitcoin
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Lambie Slayer
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September 11, 2019, 01:13:10 PM Merited by JayJuanGee (1) |
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"The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet....." 3:42 AM - 11 Sep 2019 https://twitter.com/realDonaldTrump/status/1171735691769929728Money printer in chief up late trying to debase the dollar. Hodlers unaffected.
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P_Shep
Legendary
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Activity: 1795
Merit: 1208
This is not OK.
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September 11, 2019, 01:23:05 PM |
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finally a climate-neutral possibility to mine bitcoin That's ridiculous. Cat-bread's have almost no torque.
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HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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September 11, 2019, 01:27:15 PM |
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That’s why you need a cat-er-pillar
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akhjob
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September 11, 2019, 01:47:44 PM |
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So it's not as bad as you think.... An asset that has a 10% guaranteed loss every year then..... Nope. I take it you don't own a car Luxury is a state of mind, but to most, a bicycle/car is a necessity but a yacht is a luxury. So, I wouldn't compare a yacht with a car
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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September 11, 2019, 02:21:28 PM |
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Uh doesn’t anyone study their classics anymore?
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_javi_
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September 11, 2019, 02:43:37 PM |
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We are spending too much time under the regression curve. Go BTC, go!!
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gembitz
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September 11, 2019, 02:47:42 PM |
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finally a climate-neutral possibility to mine bitcoin you are missing the lazer pointer hmmm
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bkbirge
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September 11, 2019, 02:53:17 PM |
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I have a dog with no legs. I call him Cigarette because every evening when I get home from work I take him for a drag.
My sister had a dog with 3 legs, she named it Fraction. Great dog, couldn't jump as well as others but can't say the handicap really affected him much. Fur reals.
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bkbirge
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September 11, 2019, 02:54:50 PM |
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finally a climate-neutral possibility to mine bitcoin That's ridiculous. Cat-bread's have almost no torque. I'm more concerned about the labor involved fixing the crankshaft to that particular attach point. I imagine claw proof protective gear is in order.
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jojo69
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Activity: 3206
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diamond-handed zealot
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September 11, 2019, 02:55:27 PM |
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Uh doesn’t anyone study their classics anymore?
classics? They can barely navigate the spell check function.
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P_Shep
Legendary
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Activity: 1795
Merit: 1208
This is not OK.
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September 11, 2019, 02:57:26 PM |
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lightfoot
Legendary
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Activity: 3122
Merit: 2242
I fix broken miners. And make holes in teeth :-)
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September 11, 2019, 02:59:36 PM |
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"The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet....." 3:42 AM - 11 Sep 2019 https://twitter.com/realDonaldTrump/status/1171735691769929728Money printer in chief up late trying to debase the dollar. Hodlers unaffected. #1 reason I have gotten out of US equities and holdings: a) I don't believe in profiting from fraud. b) The belief one can profit from fraud is the #1 hook confidence men use to take your money. Glad there is a currency which cannot be debased. For that I am thankful.
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LUCKMCFLY
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Activity: 2464
Merit: 1856
Leading Crypto Sports Betting & Casino Platform
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September 11, 2019, 03:05:48 PM |
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It is interesting, according to CryptoPotato: https://cryptopotato.com/bitcoin-chart-analysis/The volume of the Short is not relevant, confirming that sales are few, there is more buyer interest. The offers at these levels are practically running out, what remains is to test offer at higher levels, perhaps at $ 11K and up.
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