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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11%)
8/4 - 16 (16%)
8/11 - 7 (7%)
8/18 - 5 (5%)
8/25 - 7 (7%)
After August - 53 (53%)
Total Voters: 100

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26457163 times)
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January 02, 2020, 10:02:56 PM

in German ....

EDIT: you English natives seems to be friends of many words without so much content.

OTOH, we don't try to stuff complete sentences, with multiple independent clauses, into a single word.

Same OTOH as the Dash whale?
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January 02, 2020, 10:05:15 PM


EDIT: you English natives seems to be friends of many words without so much content. how does it come?

Interesting.

I heard a smart German say something once about the English.  He said 'Germans say what they mean, they don't realise that English have a huge lexicon of words to call upon to avoid saying what they mean.  Indeed they sometimes mean the opposite'

In a meeting for instance a German will think if he makes a comment and someone around the table replies with "interesting" it is a positive thing.  

Actually it is usually a word that someone who is English will use to interrupt you in order to stop you talking any further.

The German was quite right.

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January 02, 2020, 10:17:30 PM
Last edit: January 02, 2020, 10:35:10 PM by Gyrsur


EDIT: you English natives seems to be friends of many words without so much content. how does it come?

Interesting.

I heard a smart German say something once about the English.  He said 'Germans say what they mean, they don't realise that English have a huge lexicon of words to call upon to avoid saying what they mean.  Indeed they sometimes mean the opposite'

In a meeting for instance a German will think if he makes a comment and someone around the table replies with "interesting" it is a positive thing.  

Actually it is usually a word that someone who is English will use to interrupt you in order to stop you talking any further.

The German was quite right.

ok, interesting.  Grin (true meaning: very interesting)

but let it extend to domains of personal relationships like with friends or with your wive/girlfriend.

why is it sometimes better to circle around the very truth? because is it to brutal and offense? are women or gays to sensitive to receive it on point?

or is it for women or gays more interesting to go around it for a while. it's like a game, right? it will make life more colorful and not so boring for them, right? --> but it will consume more energy which is not necessary if you go the direct way.

so JJG make a lot of words because it is more colorful for him to write many words and his subconsciousness tells him it would for us also be more colorful which is not.

so conclusion for my life exploring could be: all is easy if you have enough energy to spend but if you haven't it could become very ugly.
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January 02, 2020, 10:42:50 PM

WHEN MOON?




Inside The Cryptocurrency Revolution | VICE on HBO

^^ "Feeble Americans."  Grin Grin

Difficult to find that 14-minute clip interesting or even relevant when it seems to be largely about Ethereum.

In other words, seems that I just wasted 14-minutes of my life, to the extent that I might not have been attempting to multi-task.

I really think this is a very informative video.

I understand your feeling of wasted life.  But there are some things it brings to light that are powerful:

- Humans naturally NEED a leader.  A decentralized system is foreign to our natures.  We have been wired to seek out trusted parties.  Buterin is the story here.  They like that he is a genius. They like that he says magic things.  And they like gawking at his autism.

- This is still "early times"!  Still!  Unless Ethereum fails under it's own weight we are going to have to see wave after wave fall for it's impossible promises (And, yeah I know there are some ETH folks in here.. and maybe all of us have our pet alt (aside from JJG) mine is XMR).  But it is not done yet in my opinion.

I agree with most things that you said, so far, cAPSLOCK, but I have a couple of concerns about your last paragraph.

1) You are overstating the case, if you suggest that everyone in this thread, except me have pet alts.   There are more than just me who consider alts a BIG ASS waste of time, and even act upon our convictions.  Sure, I hold a few shitcoins, but I hardly give them any attention, besides just holding them and watching them depreciate, relative to bitcoin.

2) I have stated on many occasions, and my opinion has not really changed, that I believe that the odds are pretty damned high that there is going to be some kind of alt season, again.  The mere fact that there are a lot of dumb people, and the mere fact that there is going to be a lot of pumpening of various coins for a decently long time into the future does not necessarily justify getting into those projects, especially for folks who kind of agree with the 10 year going into a coma investment plan.. so if you go into a coma for 10 years, what would you want to hold when you come out of the coma... that is kind of my investment perspective, and I am sure that quite a few others believe in a similar kind of investment plan because I did not come up with such plan myself... maybe it is a variation of a Warren Buffet-ism?  Anyhow,  I heard quite a few other experienced investors assert their conviction about such an investment/plan strategy, and I became convinced to adopt such plan/strategy for myself and therefore to make it my own as a kind of stolen property..., hahahahaha.. but it is mine, too.  NOT innovative or novel.... just like DCA'ing and incrementalism are not innovative or novel, but they are practices that I have made to be my own and largely advocate for the soundness of such approaches..  Open source practices/strategies, anyone else can adopt them, advocate for them and even denigrate others for NOT following them, if they so chose.   Cheesy Cheesy Cheesy Cheesy

- Bitcoin is still too new an idea (to the mainstream) to be sexy yet.

Huh?  Bitcoin is the oldest of the cryptos.....

A problem for "mainstream" is that they buy the bullshit propaganda talking points regarding pumpementals of shitcoins... and a lot of what that entails, even when they say that they don't believe those bullshit pumpemental talking points, they subliminally end up overallocating into crap.. when likely the shitcoins should compose less than 10% of their playing around crypto -related funds...    It is currently less than 1% of mine, and I believe at one time not that long ago, it had been close to 2%, but the less than 1% had come about because the 2% depreciated to less than 1%... and I say to myself.. so fucking what... I just leave that crap there and hardly look at it.. maybe it will end up getting stolen from me, and I am not sure if I would miss it... except maybe it would have been nice to have spent it, but whatever, I don't really care that much because king daddy still seems to have a decent amount of potential to make up for whatever that small portion of my portfolio happens to do or not do.

- Millennials are gonna like VB. He is a millennial.  And his ethos is  more in line with the left/socialist hyper postmodern millennial worldview.  For example his hatred of POW which is based on Greta Thunberg type thinking but also reveals an AMAZING lack of understanding the basic laws of the universe and the miracle of "unforgable costliness" that BTC achieves directly because of POW.

I don't even think millennials are that dumb.  Yeah, we hear that crap a lot, but give me a break.  They gotta have some brains, don't they.  I am not going to buy it that millennials are that dumb.


You just can't tell a story if you don't understand it.  And Vice does not understand what Bitcoin is.  It's not many people yet who do.  

I will give you that part about the story and all the bullshit that goes along with a silly personalized story of the rock star of crypto.. (vitalik), but still... you really think that people believe that bullshit, overall, when the are confronted with real world concepts of sound money?, even if the story and the bullshit nonsense is presented well as a story, like you say? 

That is why it only costs 7k.  If more understood it would be much costlier.

I don't know about that "only" baloney.  We are still floating around 28x of what we were in most of 2015.  How much do you want?  How can you be complaining about $7k as being "only"?  Rome was not built in a day, and neither will be bitcoin.  Fuck.  Yeah, there is considerable potential to go way higher in price, and also likelihood to go there, but there has got to be UPs and DOWNs along the way, too.  I don't really see any problem regarding where we are at currently or that we are really behind schedule.  If anything we might even be a bit ahead of schedule.. but whatever, I will take whatever we got, and it seems we have decent likelihood of having another 10x to 30x from here in the next 12 to 24 months... Yeah, there are certainly no givens, but decently good likelihoods, and no need to complain about $7k currently or even if the BTC price drags out at $7k for the next year or two, also... we are still in a decently good place, seems to me.


 I am glad Nick Szabo is kind of coming out of the shadows more recently.  He, for some reason *cough*, DOES seem to understand what Bitcoin is.  

I know that he wants to keep secret that he is satoshi, but hey what you gonna do?  It is what it is.

I'd love to see him talk more about it... I don't know about being in a Vice documentary... but something.

He does interview once in a while, you are right... but they are pretty far and few in between.. but in the end, who cares what Szabo says or what satoshi says.. it does not matter.  Bitcoin has achieved its objective, largely, and it works.. and it is not broken, and it even has some decent developments on lightning and even possible on chain stuff... so why would we need any leader?  We have lots of leaders in bitcoin and a lot of smart people doing podcasts in the past couple of years that have not even been in the space very long, but they are putting out very damned good content.  Do you need a list of good podcasts?  There is not even enough time in the day to listen to all of the good content related to bitcoin and bitcoin maximalism, which is just likely to become more and more prolific in the coming years, especially if the stock to flow and  4-year fractal pattern models end up playing out, which seem really likely.


Speaking of which... maybe you can clean out your brain from that piece by consuming this:
https://www.whatbitcoindid.com/podcast/nick-szabo-on-cypherpunks-money-and-bitcoin

Been there.. Done that.  I saw it within a week or so of it coming out ( so would have been early to mid November)... I recall that i posted something about it, too.... because I was kind of complaining that WBD did not post onto the let's talk bitcoin network for a week or so after the podcast had already released and I listen to WBD through that LTB network.

By the way, my brain is not going to get any cleaner.  I doubt it.. .so stop with your lecturing attempts and trying to suggest that there is something less good about my brain than your own, or whatever it is you are attempting to accomplish with that nonsensical assertion.

Good lord.  You twisted almost everything I said into something I did not mean and then wagged your finger at me.

I am going to be much clearer:

Why did I unmute you?!?!? You are an asshat.
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January 02, 2020, 10:45:39 PM

<<wallotext>>

Happitty New Years, WordyMan. And all you other louts, too.

Well, yes... happy new decade, as well.     Hopefully. you will get a new van soon.    Wink  

Thanks. I broke down and replaced it a couple months back. When the cost of upkeep started to look unappealing.

Hopefully, you got one with all of the jbreher tailored furnishings in order to be able to cruise in personalized comforts.   Wink
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January 02, 2020, 10:53:28 PM
Merited by JayJuanGee (1), Dunkelheit667 (1)


In 2021 for sure, I’m not certain of that in 2020 but would love to be wrong.

My feeling as well ... the increase in 2020 is probably modest, but I expect / hope that we reach a new ATH in 2021 or 2022.

Main reason; the cycles are getting more spread out, and the halving is probably more anticipated now than the last time (more energy efficient miners, and so on). So I don't expect any fireworks starting before Q3 / Q4 2020.

I'd love to be wrong as well though, of course!


There is as yet no evidence that the cycle is lengthening.   Any real mooning in 2020 would be (if anything) a tad early as four years from 2017 would mean 2021.

This year's halving will be almost seven weeks earlier than in 2016 which may have some effect, but I doubt a massive one, cycle-wise.  After the last halving the price spent months doing little until towards the end of 2016, and it didn't break the ATH until into early 2017.  It ended 2016 only a little over twice the price it was at the start of that year.

If a four year cycle is intact, the price was ahead of itself in the middle of last year, but it is now back roughly in line with a repeat of 2015 / 2016.  The model (if it were to exactly repeat) would see a spike around the halving and then a dip... then a spike up (but not ATH) around November December this year (2020).  The seven weeks earlier may affect things with that timeline and pull an ATH into this year - but in any case we already veered off it once quite massively, so what honey badger will do is obviously far from predictable with any certainty.

A lengthening cycle is neither proven nor disproven, yet.  That said, so far it's more likely IMHO that if we are to have another 'mooning' it will be late in 2021 - with the ATH broken possibly in late 2020, but more likely early 2021.

Just my thoughts at the start of this halving year.  My gut instinct says:

Trust Satoshi's design, be patient, but stay strapped in.
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January 02, 2020, 10:55:19 PM


EDIT: you English natives seems to be friends of many words without so much content. how does it come?
damn you JJG

one reason could be to impress women before the night but in JJG's case it doesn't count, right?  Grin

I was going to abstain from this whiny discussion, but some dummy seems to be goading.

Hint:  The mere fact that you don't understand egwish too good does not indicate that words don't mean nuttin.  

Sucks to be ONLY with lil bit vocabulario.   Cry Cry  AmiNOTrite?


so JJG make a lot of words because it is more colorful for him to write many words and his subconsciousness tells him it would for us also be more colorful which is not.

You are going to make it a long way in life if you are in the cave trying to gather meanings from shadows rather than just getting into the light.

In other words, you are wasting your time, but hey, if you want to dwell in petty, that is your prerogative (as bobby brown might have said).

[edited out]

Good lord.  You twisted almost everything I said into something I did not mean and then wagged your finger at me.

I am going to be much clearer:

Why did I unmute you?!?!? You are an asshat.

I am glad that Gyrsur is not the only one with limited comprehension skills, and lack of ability to engage without becoming overly defensive.  You might want to join/create a club.   Cheesy Cheesy Cheesy Cheesy
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January 02, 2020, 11:02:51 PM

hey JJG it is not our fault that the price is not going up so fast and therefore your Rick is not able to go into retirement, ok?

EDIT: next life learning point could be: if you have enough energy don't take verbal attacks of your woman/girlfriend not to personal because it could be the true reason of it is very different.
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January 02, 2020, 11:07:21 PM


JJG squabbling...


Good lord.  You twisted almost everything I said into something I did not mean and then wagged your finger at me.

I am going to be much clearer:

Why did I unmute you?!?!? You are an asshat.
Mate, it is Thursday. I think WO rules mean you could simply have said STFU JJG.

Would probably have been easier Wink
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January 02, 2020, 11:09:57 PM


JJG squabbling...


Good lord.  You twisted almost everything I said into something I did not mean and then wagged your finger at me.

I am going to be much clearer:

Why did I unmute you?!?!? You are an asshat.
Mate, it is Thursday. I think WO rules mean you could simply have said STFU JJG.

Would probably have been easier Wink

did not get it with the Thursday. heard of it but do not understand it. maybe you should start a second thread where you explain all the specialties of the WO thread. Grin

is it something like woman menstruation once a month and for JJG once a week on Thursday? man, this is a waste of energy isn't it?
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January 02, 2020, 11:16:18 PM

hey JJG it is not our fault that the price is not going up so fast and therefore your Rick is not able to go into retirement, ok?

EDIT: next life learning point could be: if you have enough energy don't take verbal attacks of your woman/girlfriend not to personal because it could be the true reason of it  is very different.

 Allow me to translate that into the more concise German language - Halt die Fresse, JJG.


 edit: I think I made a mistake.  Should it be deine rather than die?
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January 02, 2020, 11:18:54 PM

hey JJG it is not our fault that the price is not going up so fast and therefore your Rick is not able to go into retirement, ok?

EDIT: next life learning point could be: if you have enough energy don't take verbal attacks of your woman/girlfriend not to personal because it could be the true reason of it  is very different.

 Allow me to translate that into the more concise German language - Halt die Fresse, JJG.


it is correct in German but to rude. i do respect JJG but we are living on different planets.  Grin
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January 02, 2020, 11:24:20 PM


EDIT: you English natives seems to be friends of many words without so much content. how does it come?

Interesting.

I heard a smart German say something once about the English.  He said 'Germans say what they mean, they don't realise that English have a huge lexicon of words to call upon to avoid saying what they mean.  Indeed they sometimes mean the opposite'

In a meeting for instance a German will think if he makes a comment and someone around the table replies with "interesting" it is a positive thing.  

Actually it is usually a word that someone who is English will use to interrupt you in order to stop you talking any further.

The German was quite right.

ok, interesting.  Grin (true meaning: very interesting)

but let it extend to domains of personal relationships like with friends or with your wive/girlfriend.

why is it sometimes better to circle around the very truth? because is it to brutal and offense? are women or gays to sensitive to receive it on point?

or is it for women or gays more interesting to go around it for a while. it's like a game, right? it will make life more colorful and not so boring for them, right? --> but it will consume more energy which is not necessary if you go the direct way.

so JJG make a lot of words because it is more colorful for him to write many words and his subconsciousness tells him it would for us also be more colorful which is not.

so conclusion for my life exploring could be: all is easy if you have enough energy to spend but if you haven't it could become very ugly.

I didn't say anything about women or gays, I can't quite see what that has to do with anything about the usage of English. 

I think I am probably correct in saying there are just as many women or gay people as a proportion of the English population as there are of the German population.  I also happily assume that just as many Germans as English think that sweeping assumptions, stereotyping them negatively is not exactly a display of intelligence. 

I was just trying to explain why the English don't always say what they mean.  Then I tried to explain what 'interesting' meant, having used the word. 

I am of course, English.  Please excuse me if I was too subtle.
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January 02, 2020, 11:28:54 PM

hey JJG it is not our fault that the price is not going up so fast and therefore your Rick is not able to go into retirement, ok?

EDIT: next life learning point could be: if you have enough energy don't take verbal attacks of your woman/girlfriend not to personal because it could be the true reason of it  is very different.
edit: I think I made a mistake.  Should it be deine rather than die?

no, no it is very correct. I had the impression for a moment you are familiar with German.

Both is correct but the first one is more nonpersonal and fits more to the intention to attack the other party very rude.

"Halt die Fresse" versus "Halt deine Fresse"

If you want to punch someone into the face this is the sentence you might say right before the punch.
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January 02, 2020, 11:40:04 PM

hey JJG it is not our fault that the price is not going up so fast and therefore your Rick is not able to go into retirement, ok?

EDIT: next life learning point could be: if you have enough energy don't take verbal attacks of your woman/girlfriend not to personal because it could be the true reason of it is very different.

Truly non-sequiturs.. and providing sufficient evidence of my earlier points.   

In other words, you might have a few screws that are not quite tight, Gyrsur. 

Or, you might be needing some tuning up, or maybe even some blowing out the clogged pipes?   Roll Eyes Roll Eyes
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January 02, 2020, 11:41:51 PM

Bitcoin is showing positive signals..



Quote
Technical indicators:

Hourly MACD – The MACD is slowly reducing its bearish slope.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level, with positive signs.

Major Support Levels – $7,325 followed by $7,200.

Major Resistance Levels – $7,400, $7,420 and $7,500.

Source: https://www.newsbtc.com/2019/12/30/bitcoin-rally-not-likely-over/
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January 02, 2020, 11:45:03 PM

hey JJG it is not our fault that the price is not going up so fast and therefore your Rick is not able to go into retirement, ok?

EDIT: next life learning point could be: if you have enough energy don't take verbal attacks of your woman/girlfriend not to personal because it could be the true reason of it  is very different.
edit: I think I made a mistake.  Should it be deine rather than die?

no, no it is very correct. I had the impression for a moment you are familiar with German.

Both is correct but the first one is more nonpersonal and fits more to the intention to attack the other party very rude.

"Halt die Fresse" versus "Halt deine Fresse"

If you want to punch someone into the face this is the sentence you might say right before the punch.

At least we are learning some German culture in all of this, so there is that.... little side benefit. 


"distraction with benefits."
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January 02, 2020, 11:46:05 PM

hey JJG it is not our fault that the price is not going up so fast and therefore your Rick is not able to go into retirement, ok?

EDIT: next life learning point could be: if you have enough energy don't take verbal attacks of your woman/girlfriend not to personal because it could be the true reason of it is very different.

Truly non-sequiturs.. and providing sufficient evidence of my earlier points.   

In other words, you might have a few screws that are not quite tight, Gyrsur. 

Or, you might be needing some tuning up, or maybe even some blowing out the clogged pipes?   Roll Eyes Roll Eyes

I'm a bot , JJG. I'm constantly improving my skills. there is no reason to overreact to anything.  Wink
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January 02, 2020, 11:48:12 PM

hey JJG it is not our fault that the price is not going up so fast and therefore your Rick is not able to go into retirement, ok?

EDIT: next life learning point could be: if you have enough energy don't take verbal attacks of your woman/girlfriend not to personal because it could be the true reason of it is very different.

Truly non-sequiturs.. and providing sufficient evidence of my earlier points.    

In other words, you might have a few screws that are not quite tight, Gyrsur.  

Or, you might be needing some tuning up, or maybe even some blowing out the clogged pipes?   Roll Eyes Roll Eyes

I'm a bot , JJG. I'm constantly improving my skills. there is no reason to overreact to anything.  Wink


Who said that I was overreacting, you?  the butt bot?

I suppose that since you are a bot, you cannot distinguish between "reacting" and "overreacting?"


So much funzies, brought to you by the Gyrsur butt bot.  Thank you for all of those side-trackening benefits, Gyrsur.   Wink



So many pleasures and much wow, too.   Shocked Shocked
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January 02, 2020, 11:49:03 PM


EDIT: you English natives seems to be friends of many words without so much content. how does it come?

Interesting.

I heard a smart German say something once about the English.  He said 'Germans say what they mean, they don't realise that English have a huge lexicon of words to call upon to avoid saying what they mean.  Indeed they sometimes mean the opposite'

In a meeting for instance a German will think if he makes a comment and someone around the table replies with "interesting" it is a positive thing.  

Actually it is usually a word that someone who is English will use to interrupt you in order to stop you talking any further.

The German was quite right.

ok, interesting.  Grin (true meaning: very interesting)

but let it extend to domains of personal relationships like with friends or with your wive/girlfriend.

why is it sometimes better to circle around the very truth? because is it to brutal and offense? are women or gays to sensitive to receive it on point?

or is it for women or gays more interesting to go around it for a while. it's like a game, right? it will make life more colorful and not so boring for them, right? --> but it will consume more energy which is not necessary if you go the direct way.

so JJG make a lot of words because it is more colorful for him to write many words and his subconsciousness tells him it would for us also be more colorful which is not.

so conclusion for my life exploring could be: all is easy if you have enough energy to spend but if you haven't it could become very ugly.

I didn't say anything about women or gays, I can't quite see what that has to do with anything about the usage of English. 

I think I am probably correct in saying there are just as many women or gay people as a proportion of the English population as there are of the German population.  I also happily assume that just as many Germans as English think that sweeping assumptions, stereotyping them negatively is not exactly a display of intelligence. 

I was just trying to explain why the English don't always say what they mean.  Then I tried to explain what 'interesting' meant, having used the word. 

I am of course, English.  Please excuse me if I was too subtle.

I won't discuss it any further. anyway, thank you for your contribution!
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