El duderino_
Legendary
Online
Activity: 2506
Merit: 12091
BTC + Crossfit, living life.
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December 12, 2019, 02:26:09 PM |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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El duderino_
Legendary
Online
Activity: 2506
Merit: 12091
BTC + Crossfit, living life.
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December 12, 2019, 02:32:59 PM |
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This is awesome! Bitcoin is increasingly being discussed seriously by mainstream banks! Enjoying a phantastic @ValueOfBitcoin conference where concepts of @saifedean @100trillionUSD and @phraudsta are explained by Manuel Andersch hosted by @BayernLB ! Way to go! https://twitter.com/MarkValek/status/1204854454312415232?s=20
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ivomm
Legendary
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Activity: 1854
Merit: 2841
All good things to those who wait
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December 12, 2019, 02:58:57 PM Merited by JayJuanGee (1) |
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I am just curious why every time we have some big or small increase, a dump follows below the starting point of the "pump"? Are these the 1%-daily-profit-seeking-traders, or the casual way the closing of short/long positions work? Or even worse, whale shorters, who defend their shorts by dumping on Bitstamp their prepared bitcoins for this purpose? Perhaps some experienced trader can share his thoughts? And in this regard, is the longs vs shorts ratio on Bitfinex (293 mln vs 45 mln) a threat for the price, i.e. a potential long squeeze? I've noticed that Bitfinex longs are more stable than on Bitmex. The volume is the same as it was when the price was above 10K. Better funded perhaps, so it is hard to get a long squeeze even from 10K down to 7K. On Bitmex there is parity (312 vs 330 mln).
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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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December 12, 2019, 03:03:55 PM |
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Anyone own a G-Shock that is both Solar and Atomic? Been looking at a good cheap one. There was an expensive titanium Samurai themed one, but I don't think I'm paying $8k for a watch.
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Torque
Legendary
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Activity: 3556
Merit: 5041
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Greta? Pfffff, nope.
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El duderino_
Legendary
Online
Activity: 2506
Merit: 12091
BTC + Crossfit, living life.
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December 12, 2019, 03:50:25 PM |
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Greta? Pfffff, nope. Damn Torque I cannot place you for being the SUPER serious no joking guy and the next posts you make good jokes or pointing out of being a star wars fan Btw how do you look at the market these days?? Dip, sideways, pump ...... absolutely no idea and just surfing the waves ?? Poll hint hint ....
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LUCKMCFLY
Legendary
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Activity: 2408
Merit: 1849
Leading Crypto Sports Betting & Casino Platform
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December 12, 2019, 03:50:32 PM |
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It is interesting, based on the prediction model. Although in my opinion making predictions is somewhat complicated. 4 years multiple shows difference between current price and price 4 years before. It never went below 6x and if it keeps above that number in next two years next ATH would be $120K minimum. Source: https://twitter.com/digitalikNet/status/1204928433651879941But, According to Tim Draper: While explaining the different financial investment options investors have, Tim said Bitcoin provides the best option for long term investors. Tim who is an investor himself predicted that bitcoin price would reach as high as $250,000 within the next few years. He said Bitcoin is constantly improving and gaining more applications. Source: https://cryptonewmedia.press/2019/12/12/bitcoin-is-the-currency-of-the-future-says-billionaire-tim-draper/
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El duderino_
Legendary
Online
Activity: 2506
Merit: 12091
BTC + Crossfit, living life.
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December 12, 2019, 04:03:44 PM |
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Damn V8 is back in his "off-mode"
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Paashaas
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Activity: 3430
Merit: 4358
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December 12, 2019, 04:18:20 PM |
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World map shows regions with an average life expectancy of over 80 years.
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fillippone
Legendary
Online
Activity: 2156
Merit: 15493
Fully fledged Merit Cycler - Golden Feather 22-23
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December 12, 2019, 04:19:31 PM Last edit: May 16, 2023, 06:55:36 AM by fillippone |
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It is interesting, based on the prediction model. Although in my opinion making predictions is somewhat complicated. 4 years multiple shows difference between current price and price 4 years before. It never went below 6x and if it keeps above that number in next two years next ATH would be $120K minimum. Source: https://twitter.com/digitalikNet/status/1204928433651879941But, According to Tim Draper: While explaining the different financial investment options investors have, Tim said Bitcoin provides the best option for long term investors. Tim who is an investor himself predicted that bitcoin price would reach as high as $250,000 within the next few years. He said Bitcoin is constantly improving and gaining more applications. Source: https://cryptonewmedia.press/2019/12/12/bitcoin-is-the-currency-of-the-future-says-billionaire-tim-draper/Yes this is fascinating, but this is not a model: he's drawing lines and noticing that somehow the price never got below that line. Not a word WHY this happened. That would be a model. So, fascinating, but dismissed as a predicition worth for investing.
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VB1001
Legendary
Offline
Activity: 938
Merit: 2540
<<CypherPunkCat>>
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December 12, 2019, 04:27:08 PM |
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Damn V8 is back in his "off-mode" Maybe V8 likes this.
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jojo69
Legendary
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Activity: 3164
Merit: 4345
diamond-handed zealot
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December 12, 2019, 04:27:43 PM |
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LOL
Nevada
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LUCKMCFLY
Legendary
Offline
Activity: 2408
Merit: 1849
Leading Crypto Sports Betting & Casino Platform
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December 12, 2019, 04:28:22 PM |
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It is interesting, based on the prediction model. Although in my opinion making predictions is somewhat complicated. 4 years multiple shows difference between current price and price 4 years before. It never went below 6x and if it keeps above that number in next two years next ATH would be $120K minimum. Source: https://twitter.com/digitalikNet/status/1204928433651879941But, According to Tim Draper: While explaining the different financial investment options investors have, Tim said Bitcoin provides the best option for long term investors. Tim who is an investor himself predicted that bitcoin price would reach as high as $250,000 within the next few years. He said Bitcoin is constantly improving and gaining more applications. Source: https://cryptonewmedia.press/2019/12/12/bitcoin-is-the-currency-of-the-future-says-billionaire-tim-draper/Yes this is fascinating, but this is not a model: he's drawing lines and noticing that somehow the price never got below that line. Not a word WHY this happened. That would be a model. So, fascinating, but dismissed as a predicition worth for investing. Thanks fillippone, This is how you say, I trust the PlanB model with the modeling of the value of bitcoin with stock-to-flow ... it gives much more credibility because he himself affirms that the model is not forever.
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Paashaas
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Activity: 3430
Merit: 4358
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December 12, 2019, 04:30:59 PM |
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The bitcoin community may soon have its own version of Ethereum’s flagship decentralized finance (DeFi) platform.Money on Chain, a startup currently in the process of moving to Uruguay and converting into a nonprofit trust, just launched a DeFi platform based on the bitcoin sidechain Rootstock (RSK). The transition to a trust mimics MakerDAO’s Maker Foundation, which oversees the governance of a loan system with $330 million worth of “locked-in” crypto collateral.
While other projects like the Cross-Chain Working Group are exploring ways to wrap bitcoin in ethereum-based tokens for DeFi use, or offer centralized services for taking DAI loans with bitcoin collateral, this RSK model wants to use an open-source protocol inspired by bitcoin.
“We are going to allow other projects to build the DeFi ecosystem on top of bitcoin,” said Money on Chain co-founder Max Cajurzaa. “We are going to launch lending products on top of Money on Chain, but the ecosystem will evolve. Exactly the same as what happened with MakerDAO on ethereum.”
Diego Gutierrez Zaldivar, RSK co-founder and CEO of IOVLabs, said his team is already in talks with MakerDAO to explore bridges between that ethereum-based platform and this new sidechain project.
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BitcoinGirl.Club
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Activity: 2772
Merit: 2713
Farewell LEO: o_e_l_e_o
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December 12, 2019, 05:06:32 PM |
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Good afternoon WO! Observing @ $7,193
Anyone is going to watch the Utd match today?
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mindrust
Legendary
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Activity: 3248
Merit: 2435
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December 12, 2019, 05:09:27 PM |
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Solution: switch to linux
its own kind of hell I am also about to convert to linux. I was fine with win7. I liked it. It was doing alright. It had everything I would want from an operating system. Tried win10. Didn't like. One bit. Tried linux before but never used it for a long time. It has its own fuck ups I believe but nothing is perfect and I still believe it is better than w10. Hopefully I am not making a mistake.
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HI-TEC99
Legendary
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Activity: 2772
Merit: 2846
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December 12, 2019, 05:16:05 PM |
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Solution: switch to linux
its own kind of hell I am also about to convert to linux. I was fine with win7. I liked it. It was doing alright. It had everything I would want from an operating system. Tried win10. Didn't like. One bit. Tried linux before but never used it for a long time. It has its own fuck ups I believe but nothing is perfect and I still believe it is better than w10. Hopefully I am not making a mistake. Ditto, but linux is only free if your time isn't valuable. It's consuming a lot more of my time than I anticipated.
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jojo69
Legendary
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Activity: 3164
Merit: 4345
diamond-handed zealot
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December 12, 2019, 05:23:00 PM |
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I am also about to convert to linux.
I was fine with win7. I liked it. It was doing alright. It had everything I would want from an operating system.
Tried win10. Didn't like. One bit.
Tried linux before but never used it for a long time. It has its own fuck ups I believe but nothing is perfect and I still believe it is better than w10. Hopefully I am not making a mistake.
yeah Redmond has finally lost me. Obviously I will keep a Windows example running, but I am actively trying out Debian flavors in test now. Just too intrusive, nanny nagging bullshit, its over.
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dragonvslinux
Legendary
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Activity: 1666
Merit: 2204
Crypto Swap Exchange
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December 12, 2019, 05:29:44 PM Last edit: September 10, 2023, 02:33:29 PM by dragonvslinux Merited by Dabs (1), BobLawblaw (1) |
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Cheer up Wall Observers, $6,500 might of been the bottom
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