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

[mindrust]

Less and less for Halving ...

Bitcoin halving candles

Source:

https://twitter.com/ChartsBtc/status/1207681320547241984

Best chart. Ever.

[JayJuanGee]

I am going to make it all shorter this time, and you might not like the lack of explanations to substantiate my brevity.

 

- Heart attacks (in today's world) are overrated.

Still the leading cause of death (excluding accidental).

 

- One thing is having a bug-out-bag (which I am completely in favor) and one different thing is to go full retard into preparing for an "apocalypse" scenario r0ach style. No, I refuse to plan for a scenario in which I would probably not want to live and, what's even worse, doing so at the cost of not being prepared for a more probable and enjoyable lifestyle. That's nuts. No surprise here, eh?

Doesn't hurt that individuals are going to significantly vary in terms of what they are preparing for in their "bug out" bags, including NOT being adequately prepared for more realistic scenarios and including the crazies.

And I think that more or less sums it all up. Really, can't you avoid replying with that kind of complex structure?

Yes I can.



 

It makes for a very tedious work replying back. But you probably already know that and just don't care or even do it on purpose, don't you? lol

Sorry for your loss.  You are going to need to reduce that amount of time from your total expected longevity, which is going to screw up your previous calculations.  

[VB1001]

Bakkt’s Cash Settled Bitcoin Futures on 7 Day Volume Pump

Bakkt’s official Twitter account noted that the recently introduced cash settled Bitcoin futures market has been trading at a volume of over 1,000 lots consistently for 7 days now.
Some in the cryptocurrency space still debate how positive this really is for Bitcoin.

https://beincrypto.com/bakkts-cash-settled-bitcoin-futures-on-7-day-volume-pump/

[JayJuanGee]

Where can I get some of these new Proof of Text JJG coins?

Well, I am glad that you asked, Globb0.*

Roger, Richard (RR) and me, soon to be known as JRR or RJR or RRJ("we" have not yet decided on our updated acronym), will be making an announcement soon.^tm - perhaps in two weeks.^tm  

We are considering a conference, too, and might even include roach for our PMs angle (roach is a much cheaper option than Peter Schiff).... to add another "R" into our acronym mixenings that will go along with edumacating peeps in respect to pumpementals that will also be debuting soon.^tm  As many of you know, Roach knows a lot about how to make a good solid investment that "holds its value," especially relative to the dollar, and you don't even need a small truck to carry the value around.  A regular car with tinted windows or a trunk will do just fine.  

Stay tuned!!!!

*Disclaimer: Everyone is a scammer.. even your good ole used-to-be buddies in the Wall Observer thread from wwwwwaaaaaayyyyy back.  #nohomo      

[Hueristic]

Bakkt’s Cash Settled Bitcoin Futures on 7 Day Volume Pump

Bakkt’s official Twitter account noted that the recently introduced cash settled Bitcoin futures market has been trading at a volume of over 1,000 lots consistently for 7 days now.
Some in the cryptocurrency space still debate how positive this really is for Bitcoin.

https://beincrypto.com/bakkts-cash-settled-bitcoin-futures-on-7-day-volume-pump/

Bakkt Bitcoin Futures Only 63% Backed by BTC, Despite CEO Assurances

https://beincrypto.com/bakkt-bitcoin-futures-only-37-backed-by-btc-despite-ceo-assurances/

[bitserve]

Bakkt Bitcoin Futures Only 63% Backed by BTC, Despite CEO Assurances

https://beincrypto.com/bakkt-bitcoin-futures-only-37-backed-by-btc-despite-ceo-assurances/

Wait, what? That's not how they were supposed to be

[bitserve]

I am thinking that the cost are the same after the halvening.

Only the new supply that comes out of that is reduced in half.

If costs are the same, and you get half BTC on average because the "new supply" is reduced in half, the mining cost per BTC effectively doubles.


* All other factors remaining equal, as stated before.

[Hueristic]

Interesting data.

#Millennials are way more likely to invest in bitcoin than other generations and are moving away from conventional banking. Study by #provokeinsights found that 43% of millennials said they trusted #cryptocurrency exchanges more than US stock exchanges [Chart: #bitcoinsrhythm]

Source: https://twitter.com/BxeCapital/status/1207333268175179776

It is possible that the youngest are the most attracted to the world of cryptocurrencies, but it seems to me that if we only talk about Bitcoin, the age range that has more accumulation or interest would place it between 25/30 and 40/50.

The youngest are also naive enough to answer truthfully.

[El duderino_]

via Imgflip Meme Generator

[El duderino_]

https://twitter.com/100trillionUSD/status/1207773849296736256?s=20

[JayJuanGee]

I am thinking that the cost are the same after the halvening.

Only the new supply that comes out of that is reduced in half.

If costs are the same, and you get half BTC on average because the "new supply" is reduced in half, the mining cost per BTC effectively doubles.


* All other factors remaining equal, as stated before.

I would not characterize the end sum of the amount of reward as "cost," but instead profits per BTC that is reduced by half because of costs that remain the same and reward that is half.  Otherwise, I have already made my points regarding the matter.     Semantics, perhaps?

[HairyMaclairy]

Bitcoin is like America.  The price will eventually do the right thing, after trying all other alternatives.

[HairyMaclairy]

I am thinking that the cost are the same after the halvening.

Only the new supply that comes out of that is reduced in half.

If costs are the same, and you get half BTC on average because the "new supply" is reduced in half, the mining cost per BTC effectively doubles.


* All other factors remaining equal, as stated before.

I would not characterize the end sum of the amount of reward as "cost," but instead profits per BTC that is reduced by half because of costs that remain the same and reward that is half.  Otherwise, I have already made my points regarding the matter.     Semantics, perhaps?

Jay you are hopelessly confusing revenue and profit

[bitserve]

I am thinking that the cost are the same after the halvening.

Only the new supply that comes out of that is reduced in half.

If costs are the same, and you get half BTC on average because the "new supply" is reduced in half, the mining cost per BTC effectively doubles.


* All other factors remaining equal, as stated before.

I would not characterize the end sum of the amount of reward as "cost," but instead profits per BTC that is reduced by half because of costs that remain the same and reward that is half.  Otherwise, I have already made my points regarding the matter.     Semantics, perhaps?

No. If we are talking about MINING COST PER BTC and after the halving you obtain HALF the BTC for the same total cost, the MINING COST *PER BTC* is effectively doubled.

What kind of really wicked semantics are you talking about? lol

[JayJuanGee]

I am thinking that the cost are the same after the halvening.

Only the new supply that comes out of that is reduced in half.

If costs are the same, and you get half BTC on average because the "new supply" is reduced in half, the mining cost per BTC effectively doubles.


* All other factors remaining equal, as stated before.

I would not characterize the end sum of the amount of reward as "cost," but instead profits per BTC that is reduced by half because of costs that remain the same and reward that is half.  Otherwise, I have already made my points regarding the matter.    Semantics, perhaps?

No. If we are talking about MINING COST PER BTC and after the halving you obtain HALF the BTC for the same total cost, the MINING COST *PER BTC* is effectively doubled.

What kind of really wicked semantics are you talking about? lol

I am sticking to my guns.  

@ hairy.  Ditto my above statement.  

Now.  Let's move to a topic that we can agree on.

 


We are all fucked if relying upon me for economic's clarity.   YMMV.   DYOR.  BTFD. 

[Globb0]

Do you agree you would have to do twice the work to achieve the same result?

[HairyMaclairy]

I would prefer not to work at all, frankly.

[JayJuanGee]

Do you agree you would have to work twice as hard to achieve the same result?

You are jumping in, too, Globb0?

I am just going to say:  "ditto" if anyone further attempts to interrogate me on this topic.  Otherwise, I agree with the working twice as hard part.  

Edit 1:  Look at ur lil selfie, Globb0....    Can't even properly attach a batman pic.       And, trying to lecture me on economical definitions.  

Edit 2:  Looks like you fixed your pic attachment issue.  So I take back my comments in Edit 1.  Bitserve (or maybe Mic?) probably sent you a PM to explain... hahahahahhaha

[El duderino_]

I have to rub my eyes I think.... Thursday and every other post is a JJG one??

 

[jojo69]

Jay you are hopelessly confusing

ftfy