xhomerx10
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May 06, 2020, 09:20:47 PM |
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[snip]
Brings back fond memories of engineering school, where any student who submitted a chart with no labels on the axes would get himself torn a new posterior orifice. ...and woe to those poor souls who didn't close their fours.
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boumalo
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May 06, 2020, 09:34:48 PM |
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It feels most of the sellers are just speculating it will go down before it goes way up. They in fact want more BTC.
The weak hands left already.
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serveria.com
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Privacy Servers. Since 2009.
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May 06, 2020, 09:47:25 PM |
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Surely give some more time may be have some issue so just because of this unable to give you any reply on Telegram.
Thanks for giving me the much-needed hope (or hopium?). No please tell me this is not true... you're trying to say you've sent $1k worth of BTC first with no escrow to some random guy? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) You cannot be serious man... ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I'm not even asking why you'd want to sell now for some filthy Skrill... Well, all of that Skrill amount was (is?) supposed to get me a nice Alienware laptop, that I was (am?) going to gift to someone very close to me. Hoping for the best at this point. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Don't want to sound mean but I'd be already filing a police report if I were you... it's very unlikely you're going to receive your Skrill or your BTC back. Perhaps the account was stolen/hijacked/sold by it's original owner? Y u no use an exchange?
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Hueristic
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Doomed to see the future and unable to prevent it
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May 06, 2020, 10:23:41 PM |
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This thing is cool, guys... My brain read this as BTC F0M0.
BTW, I toured and almost went to work for Raytheon in 1990.So dystopian...
What a knob. I wasn't interested in the first place but became rather less interested during this recent fall with him desperately shuffling his cards saying 'guys, GUYs, the model still works. Sort of thing.' As ever it would hit $288,000 for 0.1 seconds and then be back to five figures or less for years on end. Speculators themselves can fuck things up without government help. I’d rather go dark personally if Bitcoin goes $288k. Too much richness on display then. Exactly this... criminals are going to look for big wallets and hunt down the peeps behind them... They try to look here three is going to be a body count they will rue. If only there was some kind of less transparent anonymous alternative
I know Hal was working on something. I always wanted to change my legal name to Not Applicable
Outis
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lightfoot
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I fix broken miners. And make holes in teeth :-)
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May 06, 2020, 10:30:46 PM |
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And right through 9300....
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DaRude
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In order to dump coins one must have coins
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May 06, 2020, 10:38:28 PM |
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30min BTC volume on just one exchange Finex is more than will be mined in a whole day i wonder what that could mean ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Torque
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May 06, 2020, 10:57:55 PM Merited by BobLawblaw (1) |
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We just broke through the resistance channel set by the high of $13,764 all the way back on 6/24/2019.
Should see some more green candles from here.
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OutOfMemory
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May 06, 2020, 11:10:57 PM |
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Knock, knock, knocking on $9400. The way from there to $9500 looks a bit steeper to me.
EDIT: Resistance, as judged by orderbook, just thinned out considerably. Bots?
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 06, 2020, 11:18:15 PM |
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I had been complaining a few weeks ago about how this whole situation is affecting people from a lot of social statuses, but surely the billionaires are likely the few that have been affected less, if they have a private plane and can fly to some location that is of their choosing, in the event that they may have found themselves in some location that is less ideal.. but probably even a lot of them have been negatively affected, even if they have quite a few more options than many of us relatively more normies... .I was not even thinking about the benefits of having my own plane or a helicopter or anything like this, but seems like it could provide options in times like these, that's for sure... oh multi-millionaires might also be able to aspire to private plan status, but surely those in regular fuck-off status would not have those kinds of options, and surely those in piss off status would not even really be considering those kinds of options (except maybe in a kind of fantasy consideration or maybe they would need bitcoin to do at least a 50x from here to be able to get too that private plane level).
Hm. The big trick about money is it can only buy what is for sale. No amount of money shoved into an engine can fix it by itself, and one of the consequences of this kind of disaster could be people having to figure stuff out for themselves instead of just buying the expertise. Example: Me. If I don't have a reasonable work environment, a purpose, and a goal then no amount of shoving money in my face will exceed the value of my life.... Shove bitcoin at me though.... :-) I really do not want to argue that money buys you happiness or will necessarily relieve you of all of your troubles, because surely I agree with any point that merely throwing money at a situation will not resolve the matter, and also if a really poor person receives a shitload of money, but does not know how to manage money, then the problem might not be solved, except merely temporary. Nonetheless, I believe that on the margins increased savings (such as a cushion) and increased income have the potential to resolve a lot of problems, including the disproportional impacts of crazy ass times like these. What I am trying to say is that poor people tend to be way more disproportionately negatively impacted than richer people. Whether they deserve it or not might be another question, but any of us who recognize these kinds of problematic areas should be striving to NOT get ourselves into such situations, if we can avoid it. Let's say a better off person might have resources and means that result in his/her food costing less than 5% of his monthly budget, so if the price of food doubles or triples because of supply shock disruptions, s/he still has a lot of cushion in which s/he can manage his/her budget and still have extra money... so yeah, instead of having food cost 5% of his/her budget s/he instead ends up paying 10% or even 15% out of his/her budget, but s/he can still manage with the remainder. There may be a more poor person who spends 25% of his/her budget on food, and so when his/her prices go up 2x or 3x, s/he is left struggling because all of a sudden that expense becomes 50% or 75% of his/her budget. That is just another example trying to show that certain kinds of problems are going to have magnifying and multiplying effects on people who are either living pay check to paycheck and they have not built a savings, and sure, even if money might not solve all problems, it can solve a lot of problems for some people who might not have a lot of financial resources. By the way, the people who are really struggling do not likely have any way to spare some money for bitcoins, and likely they need to get into a better situation or even to learn money management skills before they might be able to figure out a budget for bitcoin - including the fact that before investing in anything, including but not limited to bitcoin, a lot of times, the rainy day fund needs to be in order, first.
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Toxic2040
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the afternoon wall report new May monthly higher high at 'stamp of $9,417.95 challenging the charge to $9,485.26 that at the end of April started the Halving rally. Stay tuned folks as we observe the final hour of trading today with the Bulls so far showing a continuing assault towards $9.5k dyor 1h ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FlcTv0Yd.jpg&t=665&c=KRIFmpy23MWV9g) we trade in this range thru all of this..it will bode well for later this summer..you can see the baby bull standing tall D ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FgCj6NL2.jpg&t=665&c=Ku6YrtWNpVLpqQ) stronghands
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virasog
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Leading Crypto Sports Betting & Casino Platform
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May 06, 2020, 11:23:50 PM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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May 06, 2020, 11:24:42 PM Last edit: May 06, 2020, 11:38:26 PM by JayJuanGee |
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Would be quite strange if Bitcoin were to go shooting up, while the rest of the world burns,
Yeah... I dunno about that. All that newly-printed money has to go somewhere. I mean, sure. All those pinstriped-bandit insiders that get the sweetheart deal financiializing everyone else's misery don't currently have a hard-on for Bitcoin. But when they see P/E ratios trending towards infinity? They'll be looking around for somewhere else to park their stolen riches. Bitcoin is as good as it gets from an honest analysis. Sure that is a strong investment thesis for bitcoin, including the fact that it can take a decent amount of time for the value proposition to kick in. So many of us know that the value is up, but we don't really know how long it will take. Sure, a lot of us who had been relatively earlier to the BTC party already recognize the gravitational pull aspect of bitcoin that surely is a long term dynamic, but even in the shorter term, some of the more astute traditional investors are going to recognize it too and the earlier ones will likely be rewarded... just like those of us who have been relatively longer in bitcoin have been rewarded and will continue to be rewarded so long as we continue to recognize the value of accumulating, HODLing and not selling too much of our BTC too soon. On the weekly, we have 7 green candles in a row. We are currently half way through the 8th... and, yes it is green too, so far.
Shouldn't we start to worry, a bit?
All this time, and you _still_ haven't internalized the sigmoid curve of adoption. Well, sure. If you are referring to the s-curve adoption of bitcoin, then I agree that is NOT likely limited by 7 or 8 weekly candles, so you may have actually gotten me there... touché.
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Biodom
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May 06, 2020, 11:43:26 PM Last edit: May 07, 2020, 12:01:47 AM by Biodom |
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Slow increase is fine, as long as decreases are also slow. "Wham-bam-thank you ma'm" like in Dec 2017 would make any selling decisions hard. Imagine if tomorrow btc is 100K and you want to sell a few. It might cost you to deposit into exchanges with tx price going into hundreds. Maybe it is better to position a few on exchanges beforehand, but it is bad for mitigation of the potential hacks and/or losses. Decisions, decisions.
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OutOfMemory
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May 06, 2020, 11:55:54 PM Last edit: May 07, 2020, 12:11:30 AM by OutOfMemory |
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Slow increase is fine, as long as decreases are also slow. "Wham-bam-thank you ma'm" like in Dec 2017 would make any selling decisions hard. Imagine if tomorrow btc is 100K and you want to sell a few. It might cost you to deposit into exchanges with tx price going into hundreds. Maybe it is better to position a few on exchanges beforehand, but it is bad for mitigate potential hacks and/or losses. Decisions, decisions.
I leave up to 20% on exchange(s) for that purpose. I could still sell the remaining corn via broker, transaction cost would be high too, but spot prices, so i wouldn't lose time for transferring corn to an exchange. The price is always a wee bit lower than overall traded prices from exchanges. A bit higher if i'd buy. EDIT: The broker is adjusting prices on a per-minute basis, so there is some advantage in reacting to big and fast price changes. Good night y'all, hope to wake up to $9500+ ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Toxic2040
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May 07, 2020, 12:31:38 AM |
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the evening wall report Bears launch a fierce counter-attack to drive Bulls back from new monthly highs in the final hour of trading today. Both sides take a brief respite as the battle resets again in the trenches around $9.2k dyor another step taken 4h ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F7CjYp2N.jpg&t=665&c=IsvrM5SkpuLwRg) D ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F5IXbi9E.jpg&t=665&c=yn1wR4dlL94klw) stronghands
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marcus_of_augustus
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Eadem mutata resurgo
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May 07, 2020, 12:34:28 AM Last edit: May 07, 2020, 12:51:23 AM by marcus_of_augustus Merited by Hueristic (10), kellrobinson (2), vapourminer (1), Biodom (1), JayJuanGee (1), jojo69 (1), Majormax (1), JSRAW (1), bitebits (1), ssmc2 (1), Toxic2040 (1), Last of the V8s (1), Dunkelheit667 (1) |
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Would be quite strange if Bitcoin were to go shooting up, while the rest of the world burns,
Yeah... I dunno about that. All that newly-printed money has to go somewhere. I mean, sure. All those pinstriped-bandit insiders that get the sweetheart deal financializing everyone else's misery don't currently have a hard-on for Bitcoin. But when they see P/E ratios trending towards infinity? They'll be looking around for somewhere else to park their stolen riches. Bitcoin is as good as it gets from an honest analysis. ... this. I think PlanB and the phase change S2FX model is interesting but swerves heavily into behaviourial economics which becomes quite subjective/speculative. Also I think the orders of magnitude are off. Currently bitcoin 'capitalisation' is around the USD100-200 billion range, and due to bitcoin's unique programmable properties it makes it difficult to put that valuation into a neat M0, M1, M2 type money supply classification of economics anyway. A 'phase change' to the next level at maybe 10-20x current capitalisations is not going leave bitcoin anywhere near 'geopolitical force' level, even at a peak. However, the next level could easily attract a lot of the "stolen riches" that have been printed up to paper over the graft, malfeasance and theft from our hyper-financialised fiat-debt crony-socialist system. The stolen riches are of the order USD10-20 trillion by my crude estimates. Bitcoin going to USD2-3 trillion capitalisation in the next phase change would definitely vacuum up a chunk of some of the stolen riches but I don't see any geopolitical asset allocations (central banks, treasuries, national wealth funds, etc) at this phase. Contrary to many speculations about coming hyperinflations in fiat-denominated economies I don't think we will see widespread hyperinflation. Why haven't we seen any CPI inflation the previous 3 decades in Japan and the last 15 years in the West? The system is finely tuned now to cause only inflation in financial assets not consumer goods. Subsequently all the monetary 'fixes' are now being manifest as economic problems; stagnation, low wages, middle class hollowed out, historic wealth inequalities, etc. All the money that gets printed only goes to the top 0.1% that had all the money in the first place, it's like a shitcoin staking bonus system or something. So my point here is the M0 for the world of around $100 trillion base money is not representative of the total monetised assets in the world since many financial assets, property, commodities and derivatives have become monetised as the asset-holding classes try to escape fiat debasement over the last 50 years. The monetary premium now built into those dollar-denominated assets needs to be added to the $100 trillion of global M0 to get a true 'geopolitical' M* measure (order of magnitude) for the final phase change that PlanB talks about. I'd guess that's in the USD200-500 trillion magnitude. I don't see bitcoin capturing a significant chunk of that monetary float capital until after the 2024 halvening or the one after that at the earliest. Imperial systems take time to collapse. After the upcoming stolen riches phase change taking us to $1-2 trillion market cap range there is also the consideration that a bloc of 'rebel' nations may defect the fiat-debt system at an earlier phase change to the majority, creating an interim 'geopolitical subwave' phase. Before the majority of nations move to a bitcoin standard, say China, Russia, Iran, N.Korea, Venezuela, Zimbabwe and other rekt systems by default move to bitcoin majorly in 2024-25, creating a market cap. of USD10-20 trillion range is then a possibility. After that, then the major economies begin to defect to bitcoin in a major move beginning 2028-30 taking bitcoin into the USD50-100 trillion range, but the value of the dollar will be becoming immeasurably meaningless by that stage.
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vapourminer
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what is this "brake pedal" you speak of?
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May 07, 2020, 12:43:16 AM |
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Imagine if tomorrow btc is 100K and you want to sell a few. It might cost you to deposit into exchanges with tx price going into hundreds. Maybe it is better to position a few on exchanges beforehand, but it is bad for mitigation of the potential hacks and/or losses. Decisions, decisions.
i keep a small amount parked on exchanges for just that reason.. to take advantage of any sudden increase that also results in packed blocks with high fees. what good is a great price for corn when you cant get it to an exchange. its sort of like keeping a small amount on a phone or other hot wallet. as long as you can afford to kiss it goodbye due to hack or whatever. not you keys not your coin is Rule One, but who wants to get stuck trying to move coins when everyone else has the same idea. waiting days for a transaction is not my idea of smooth sailing during a nice price increase that may only last for days itself. like everything else, its a trade off. pick your comfort level and sit back and relax.
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Arriemoller
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Cлaвa Укpaїнi!
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May 07, 2020, 01:44:41 AM |
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yes, did not know how to conjure it from my keyboard.
It is a perfectly normal letter located right next to the L your keyboard must be missing some keys. No, on any civilized keyboard Ö is next to L.
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