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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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bitebits
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 Offline
Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
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November 03, 2020, 03:31:42 PM |
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Why people still attempt shorting an asset that has been going up for almost 12 years is beyond me. But go ahead please, today’s short is tomorrow’s market buy. |
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jojo69
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Activity: 3150
Merit: 4309
diamond-handed zealot
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November 03, 2020, 03:56:13 PM |
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“We stand today at a crossroads: One path leads to despair and utter hopelessness. The other leads to total extinction. Let us hope we have the wisdom to make the right choice.” |
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Arriemoller
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Activity: 2282
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Cлaвa Укpaїнi!
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November 03, 2020, 04:02:56 PM |
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“We stand today at a crossroads: One path leads to despair and utter hopelessness. The other leads to total extinction. Let us hope we have the wisdom to make the right choice.” You're just full of joy and happiness aren't you. |
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Biodom
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Activity: 3738
Merit: 3844
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November 03, 2020, 04:04:55 PM |
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“We stand today at a crossroads: One path leads to despair and utter hopelessness. The other leads to total extinction. Let us hope we have the wisdom to make the right choice.” that's Woody's quote  @arriemoller is excused since the does not know american culture, maybe apart from Rambo I-IV, John Wayne and the "Guns of Navarone" |
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Icygreen
Legendary
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Activity: 1463
Merit: 1135
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November 03, 2020, 04:20:29 PM |
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Good morning Nov. 3rd!
Proud and excited to cast my vote for BTC today!
Voting for rules, not rulers.
Voting with my wallet this election because voting with my opinion in the past hasn't delivered correct results.
The best part is, you neither need be American nor side with a political party to participate.
Cue up V for Vendetta and grab some popcorn. This will be an interesting evening.
Bitcoin: An unnoticed drip which sprang into a trickle, then a steady stream and now a river feeding an ocean.
Sure feels good to understand Bitcoin today. This I owe to you WO's, my deepest thanks!
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tranthidung
Legendary
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Activity: 2254
Merit: 3983
Farewell o_e_l_e_o
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November 03, 2020, 04:29:32 PM
Last edit: November 05, 2020, 05:30:35 AM by tranthidung |
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Hi WO_gang, again. I come back with other analysis for you. Enjoy the latest difficulty adjustment. Here you go with my new thread. If you feel my threads are boring, please ignore me or this thread. No need to be serious, I am data-freak. If you read it, I thank you for your attention and your time. 
Today, bitcoin network has its second biggest difficulty decreasing (negatively) adjustment, at -16.04992%. The biggest one in negative value is at -18.03, 9 years ago, in 2011. See details: The network difficulty was adjusted ~ 7 hours ago with the fall of -16.04992% in difficulty between block 655199 and 655200. It is a big adjustment. The second biggest decreasing adjustment in history of bitcoin network. The biggest one is 9 years ago (in 2011) between 2 following blocks and percent of decreasing adjustment is -18.03. Impressive for today adjustment. - Over the history, there are 123 adjustments have values > 10% and 6 adjustments have values < -10% (include the one for today).
- The biggest positive adjustment is 300% on 16jul2010.
- It was adjusted 309 times (the dataset is for 308 only). I will update with dataset for today later depends on loyceclub
- Median (interquartile range): 7.09% (1.67% - 16.42%).
- Min - max: -18.03 - 300
- Ideas: from plot, you can see some spikes and you can dig to find out what happened in the past
variable | N mean sd p50 p25 p75 min max
-------------+--------------------------------------------------------------------------------
diff_pc | 308 11.84201 22.32675 7.085 1.675 16.42 -18.03 300
----------------------------------------------------------------------------------------------
123 recorded days. +------------------------+
| date diff_pcpos |
|------------------------|
357. | 30dec2009 18.29 |
369. | 11jan2010 10.33 |
393. | 04feb2010 35.29 |
403. | 14feb2010 38.99 |
413. | 24feb2010 49.59 |
|------------------------|
425. | 08mar2010 19.83 |
449. | 01apr2010 33.3 |
460. | 12apr2010 28.5 |
469. | 21apr2010 46.61 |
482. | 04may2010 12.08 |
|------------------------|
507. | 29may2010 40.29 |
533. | 24jun2010 11.64 |
545. | 06jul2010 21.11 |
552. | 13jul2010 93.12 |
555. | 16jul2010 300 |
|------------------------|
566. | 27jul2010 34.52 |
575. | 05aug2010 44.2 |
585. | 15aug2010 45.32 |
596. | 26aug2010 21.81 |
609. | 08sep2010 14.36 |
|------------------------|
620. | 19sep2010 28.75 |
629. | 28sep2010 43.67 |
652. | 21oct2010 55.95 |
661. | 30oct2010 43.87 |
671. | 09nov2010 46.73 |
|------------------------|
680. | 18nov2010 51.37 |
692. | 30nov2010 17.64 |
701. | 09dec2010 51.67 |
713. | 21dec2010 18.22 |
726. | 03jan2011 12.59 |
|------------------------|
738. | 15jan2011 13.06 |
750. | 27jan2011 19.39 |
762. | 08feb2011 18.11 |
772. | 18feb2011 40.24 |
781. | 27feb2011 52.47 |
|------------------------|
791. | 09mar2011 37.06 |
818. | 05apr2011 19.38 |
831. | 18apr2011 12.15 |
843. | 30apr2011 18.76 |
852. | 09may2011 43.54 |
|------------------------|
861. | 18may2011 55.07 |
869. | 26may2011 78.15 |
880. | 06jun2011 30.44 |
889. | 15jun2011 54.59 |
898. | 24jun2011 57.27 |
|------------------------|
910. | 06jul2011 13.33 |
936. | 01aug2011 11.7 |
1218. | 09may2012 14.89 |
1326. | 25aug2012 11.4 |
1338. | 06sep2012 10.38 |
|------------------------|
1490. | 05feb2013 10.33 |
1503. | 18feb2013 11.47 |
1514. | 01mar2013 19.63 |
1527. | 14mar2013 10.98 |
1537. | 24mar2013 38.13 |
|------------------------|
1549. | 05apr2013 14.59 |
1561. | 17apr2013 16.96 |
1574. | 30apr2013 12.28 |
1586. | 12may2013 11.03 |
1610. | 05jun2013 28.41 |
|------------------------|
1621. | 16jun2013 23.92 |
1634. | 29jun2013 10.32 |
1646. | 11jul2013 22.63 |
1657. | 22jul2013 19.47 |
1669. | 03aug2013 19.63 |
|------------------------|
1679. | 13aug2013 35.88 |
1690. | 24aug2013 29.4 |
1701. | 04sep2013 32.22 |
1711. | 14sep2013 29.56 |
1722. | 25sep2013 32.13 |
|------------------------|
1733. | 06oct2013 27.19 |
1743. | 16oct2013 41.45 |
1753. | 26oct2013 46.02 |
1763. | 05nov2013 30.7 |
1775. | 17nov2013 19.29 |
|------------------------|
1787. | 29nov2013 16.07 |
1798. | 10dec2013 28.41 |
1809. | 21dec2013 30.01 |
1821. | 02jan2014 20.12 |
1832. | 13jan2014 26.16 |
|------------------------|
1843. | 24jan2014 22.59 |
1855. | 05feb2014 19.49 |
1867. | 17feb2014 19.39 |
1878. | 28feb2014 21.92 |
1891. | 13mar2014 11.39 |
|------------------------|
1902. | 24mar2014 17.8 |
1914. | 05apr2014 22.23 |
1926. | 17apr2014 14.04 |
1938. | 29apr2014 14.64 |
1951. | 12may2014 10.66 |
|------------------------|
1963. | 24may2014 18.1 |
1975. | 05jun2014 12.44 |
1988. | 18jun2014 14.51 |
1999. | 29jun2014 24.93 |
2050. | 19aug2014 20.86 |
|------------------------|
2062. | 31aug2014 15.03 |
2087. | 25sep2014 16.2 |
2128. | 05nov2014 10.05 |
2512. | 24nov2015 10.44 |
2536. | 18dec2015 18.14 |
|------------------------|
2549. | 31dec2015 11.16 |
2587. | 07feb2016 20.06 |
2599. | 19feb2016 13.44 |
2872. | 18nov2016 10.68 |
2937. | 22jan2017 16.64 |
|------------------------|
3070. | 04jun2017 13.9 |
3110. | 14jul2017 13.53 |
3176. | 18sep2017 19.58 |
3214. | 26oct2017 21.39 |
3255. | 06dec2017 18.11 |
|------------------------|
3267. | 18dec2017 17.74 |
3293. | 13jan2018 15.36 |
3305. | 25jan2018 16.84 |
3317. | 06feb2018 10.43 |
3436. | 05jun2018 14.71 |
|------------------------|
3490. | 29jul2018 14.88 |
3645. | 31dec2018 10.03 |
3795. | 30may2019 11.26 |
3835. | 09jul2019 14.23 |
3862. | 05aug2019 10.78 |
|------------------------|
3901. | 13sep2019 10.38 |
4178. | 16jun2020 14.95 |
4274. | 20sep2020 11.35 |
+------------------------+
5 days in history, and the one for today is the six record. +------------------------+
| date diff_pcneg |
|------------------------|
1010. | 14oct2011 -13.09 |
1027. | 31oct2011 -18.03 |
1449. | 26dec2012 -11.59 |
3617. | 03dec2018 -15.13 |
4096. | 26mar2020 -15.95 |
+------------------------+
Updated plots |
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Torque
Legendary
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Activity: 3542
Merit: 5039
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November 03, 2020, 04:34:11 PM |
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since bitcoin is a bearer asset it is possible to possess bitcoin. of course we all know that there are no physical bitcoin you send around the interwebs or keep them in your wallet - what you can physically own in reality are the private keys that allow you to spent your UTXO´s. be aware that the UTXO´s never leave the bitcoin network. it is a closed system. the bitcoin blockchain is a closed system: it is permissionless and p2p, but the info on the ledger never leaves the ledger.
1) bitcoin (the unit) can never leave the blockchain, where it is embedded
2) the only thing a bitcoin is pegged to is energy due to the mining process (impossible to directly peg a bitcoin (or any other blockchain token) to a physical object.) there are no utility coins possible due to this.
3) since it is a closed system that can only be pegged to energy there are only very limited use cases: the only thing a token in a closed system can be used for is if it represents something. imagine some weird machine that juggles table tennis balls. the balls can not leave the machine. what utility can the balls bring to users? they can represent something, that is it. what could they represent? the only abstract thing that would make sense to organize in an immutable ledger would be money. since moneys only use case is to represent value, this is the only use case for a token in a closed system.
blockchains can only be used as money. since bitcoin has won the race long ago and by far, it is utterly useless to create, invest in, waste time on 7500 additional money protocols.
money pegged to energy is the only way to go. unpegged money will get printed into inflation. gold pegged money will always first lose its peg and then will get printed into inflation. our fiat money system derived from a gold pegged system, the dollar is a layer 2 scaling solution for gold.
the 2020ies will bring the transition. don't be scared. bitcoin is great and will save us.
edit: typos
You said it very well. I've mentioned the same on this thread many times over the years...if you think deeply and philosophically on this point, you'll soon realize that beyond Bitcoin TM there is no reason for any other cryptocurrency to even exist. Therefore the thousands of shitcoin projects out there will ultimately prove completely meaningless. Those that believe otherwise are in complete denial of the truth. Hopefully this will become more apparent with time. |
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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November 03, 2020, 04:40:07 PM |
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Gloomy November 3rd
Surprisingly bitcoin starts
a revolution
#haiku 3
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Febo
Legendary
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Activity: 2730
Merit: 1288
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November 03, 2020, 04:49:21 PM |
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Let me share a curios and a little unpleasant story. In my country, a large part of the population ID's expires this year. The government has decided to extend this period by another year due to the covid crisis and to avoid crowds. So far so good. But I started receiving letters from all crypto exchanges that my ID has expired. And now I have to write letters to the support, to explain myself to them to give me access to my accounts. I do not currently have access to any exchange and I have to wait days, probably weeks for this issue to be resovled. This sucks.
I was denied a credit card because my DL was expired, even though my passport was valid. What does driving have to do with credit??? My bitcoin wallet never expires. You probably live in USA. I was shocked when someone told me that driving license is considered as an ID in USA. Most of the world have them totally separate. My driving licence is valid till 2056  I got it for 50 years. In USA you have to renew it a lot. It is more like ID then a driving license. why shocked...because of this many americans don't have passports that they have to show everywhere; "your papers" type stuff. logging around passport everywhere would have been annoying. I have an identity card for that. I can also travel to quarter of the world with just my identity card, no passport needed. Driving licence is just to show I passed my driving exam and I know how to drive. And also on it are marked if I did something wrong and if it was ever temporary taken from me. Would be dumb to show that to enter in a bar, or to KYC on a crypto exchange. When I get to certain age I will have to do medical exams every few years and that will prolong my driving licence. Identity card have to prolong every 10 years. |
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Toxic2040
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November 03, 2020, 04:52:20 PM |
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good morning everyone have your popcorn ready? #dyor kitteh arches back or inverse head and shoulder? 1h  parade tail flying proudly...wheezy dont care 4h  #stronghands |
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bitebits
Legendary
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Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
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November 03, 2020, 05:15:40 PM Merited by JayJuanGee (1) |
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https://panteracapital.medium.com/paypal-introduces-300-million-users-to-crypto-d938468c67aaIn aggregate across PayPal, Robinhood, and Cash App, that’s 350 million people who can instantly participate in crypto bitcoin without having to go through a multi-day/week onboarding process for a crypto bitcoin exchange. That was a major issue all throughout the 2017 bull market. Investors wanted exposure but it was an arduous and cumbersome experience.
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jojo69
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Activity: 3150
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diamond-handed zealot
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November 03, 2020, 05:24:54 PM |
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FullNode
Sr. Member
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Activity: 505
Merit: 270
Don't Trust, Verify
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November 03, 2020, 05:29:23 PM |
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what is your plan?
I have little btc so I allocate a monthly amount to increase my stash no matter how high or low the price is I sell some and I keep some. I suppose this depends in part on the amount of btc you have, the purchase price or if you are a long term hodler, we all have to have a strategy, mine is the simplest, although I would not mind having to think how to do with hundreds of btc when the next ATH comes |
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600watt
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November 03, 2020, 05:33:13 PM |
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Muahaha haha muahaha. absolutely correct. |
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FullNode
Sr. Member
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Activity: 505
Merit: 270
Don't Trust, Verify
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November 03, 2020, 05:36:00 PM
Last edit: November 03, 2020, 06:25:24 PM by FullNode Merited by JayJuanGee (1) |
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Bitcoin Treasuries in Publicly Traded Companies https://bitcointreasuries.org/Company Name Symbol Market Cap % BTC Purchases/Filings Basis Price USD Today's Value Bitcoin %
MicroStrategy inc. US NADQ:MSTR $1,577,426,368 33% 250M Aug,175M Sep 2020, Learn How ✓$425,000,000 $525,773,025 38,250 BTC .182%
Galaxy Digital Holdings CA TSX:GLXY $303,994,558 75% $134M on Jun-30-2020 ✓$134,000,000 $228,879,651 16,651 BTC .079%
Square inc. US NADQ:SQ $70,956,199,471 0.1% 50M,Bitcoin Investment Whitepaper ✓$50,000,000 $64,728,501 4,709 BTC .022%
Hut 8 Mining Corp CA TSX:Hut-8 $119,947,680 34% Q2 2020 ✓$36,788,573 $40,604,798 2,954 BTC .014%
Voyager Digital LTD CA CSE:VYGR $386,662,227 4.4% March 31 2020 ✓$7,927,182 $17,030,922 1,239 BTC .006%
Riot Blockchain, Inc. US NADQ:RIOT $175,144,336 8.3% $7.2M on Jun-30-2020 ✓$7,200,000 $14,474,222 1,053 BTC .005% |
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AlcoHoDL
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Activity: 2352
Merit: 4134
Addicted to HoDLing!
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November 03, 2020, 05:41:29 PM |
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Hey WO guys 'n' gal. Been really busy lately, preparing a PowerPoint presentation for the board of directors. Reason: to impress them with one of my designs. Problem is, most of them aren't capable of understanding how it works (math & science), so I have to "dumb it down" to their level. All the while, I'm looking at the BTC chart, thinking... If only BTC/USD was $50,000+ now, my presentation would have only one slide, with the words "FUCK YOU!" in it. I'm enjoying my work greatly, I can't complain, and maybe I'm being a little too unfair to be honest, but it's situations like these that make me want to get out of it all and do my own thing without having to prove anything to anyone. Fuck this shit.
Could only browse through the many pages very quickly, I see lots of long posts by valued WOers that I greatly respect, surely lots of meritable posts there, but just too busy to read properly. The one with the hollow-headed Calvin Ayre was funny and so true, thx dude!
Keep it up guys, HoDL strong, the trend has always been positive, dumps are just outliers. Slow 'n' steady.
GTCTTWW.
Onwards and upwards!
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600watt
Legendary
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Activity: 2338
Merit: 2106
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November 03, 2020, 05:46:32 PM |
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what is your plan?
I have little btc so I allocate a monthly amount to increase my stash no matter how high or low the price is you will be in exactly my position. give it time. the important part is that you got your golden ticket. that you got your life boat to safe you from the financial storms that are brewing. having invested less money makes no difference in the long run. you just need to wait a little longer. |
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