samson
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Activity: 2097
Merit: 1068
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December 16, 2020, 11:08:01 AM |
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$20k, it's coming!
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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600watt
Legendary
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Activity: 2338
Merit: 2106
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December 16, 2020, 11:08:47 AM |
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credit to btc-ail
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 16, 2020, 11:11:48 AM |
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Oh my America pie
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_javi_
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December 16, 2020, 11:11:49 AM |
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500 btc to 20k at stamp... C'mon.. one more push!
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aesma
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December 16, 2020, 11:19:09 AM |
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The way the title is phrased makes the claim a bit funny, 15 million dollars/pounds of BTC will not protect 27 billion from currency devaluation, at least not in the short term !
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Paashaas
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Activity: 3425
Merit: 4344
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December 16, 2020, 11:21:05 AM |
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The Bitcoin RHODL Ratio is on a steady upwards trend in its 4th cycle, painting a bullish long-term picture.
Still far away from its 2017 top, it shows that $BTC has room to grow from here. https://twitter.com/glassnode/status/1338879102166720512
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aesma
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December 16, 2020, 11:22:48 AM |
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i remember. everyone would have expected that something that large would send the price into the abyss. the bearwhale turned a possible $591mio into 9mio. If he's smart he didn't sell everything, or maybe not even a majority. Either way if he didn't blow it on hookers and coke he could still have retired on that amount, nothing to sneeze at. I wouldn't mind having done that "mistake".
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 16, 2020, 11:24:53 AM |
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The way the title is phrased makes the claim a bit funny, 15 million dollars/pounds of BTC will not protect 27 billion from currency devaluation, at least not in the short term ! However, it would be an interesting result for all of us if it turned out to be an effective hedge
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soullyG
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December 16, 2020, 11:28:16 AM |
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If he's smart he didn't sell everything, or maybe not even a majority.
Either way if he didn't blow it on hookers and coke he could still have retired on that amount, nothing to sneeze at. I wouldn't mind having done that "mistake".
If this Reddit post is to be believed, it seems like they did sell everything but did regret it and got back in later: The price kept drifting downwards until finally at a little over $300 I had enough. I sold off everything, based on an accumulation of information I gathered mostly from social media such as bitcointalk.org and reddit: - The block size limit of 1MB was a threat to bitcoin’s future
- “Satoshi’s vision” was unlimited block sizes
- Gavin was ousted by a cabal of self-interested engineers, a.k.a. “Blockstream”
- Blockstream took control of bitcoin’s source code repository
- Theymos colluded with Blockstream to censor block size increase discussions
- The subreddit r/bitcoin heavily censored block size increase discussions
- Blockstream wanted the block size low to promote its proprietary Lightning Network
- Gregory Maxwell was a bad actor and Luke-Jr was a religious nut
- The market agreed with the above, leading to the then-decline in price towards $300
... tl;dr; I am the BearWhale: I sold Bitcoin for the wrong reasons, and now I am all-in and long bitcoin again. https://www.reddit.com/r/Bitcoin/comments/6d2tp1/i_am_the_bearwhale_uasf_now/
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HairyMaclairy
Legendary
Offline
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 16, 2020, 11:31:03 AM |
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500 btc to 20k at stamp... C'mon.. one more push! 480 to $20k...
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aesma
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December 16, 2020, 11:33:41 AM |
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If he's smart he didn't sell everything, or maybe not even a majority.
Either way if he didn't blow it on hookers and coke he could still have retired on that amount, nothing to sneeze at. I wouldn't mind having done that "mistake".
If this Reddit post is to be believed, it seems like they did sell everything but did regret it and got back in later: The price kept drifting downwards until finally at a little over $300 I had enough. I sold off everything, based on an accumulation of information I gathered mostly from social media such as bitcointalk.org and reddit: - The block size limit of 1MB was a threat to bitcoin’s future
- “Satoshi’s vision” was unlimited block sizes
- Gavin was ousted by a cabal of self-interested engineers, a.k.a. “Blockstream”
- Blockstream took control of bitcoin’s source code repository
- Theymos colluded with Blockstream to censor block size increase discussions
- The subreddit r/bitcoin heavily censored block size increase discussions
- Blockstream wanted the block size low to promote its proprietary Lightning Network
- Gregory Maxwell was a bad actor and Luke-Jr was a religious nut
- The market agreed with the above, leading to the then-decline in price towards $300
... tl;dr; I am the BearWhale: I sold Bitcoin for the wrong reasons, and now I am all-in and long bitcoin again. https://www.reddit.com/r/Bitcoin/comments/6d2tp1/i_am_the_bearwhale_uasf_now/If it's really him, and he went all-in in 2017, I hope it was at the lower priced end of 2017, not at the FOMO ATH price, otherwise he has probably killed himself by now !
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600watt
Legendary
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Activity: 2338
Merit: 2106
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December 16, 2020, 11:45:13 AM |
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If he's smart he didn't sell everything, or maybe not even a majority.
Either way if he didn't blow it on hookers and coke he could still have retired on that amount, nothing to sneeze at. I wouldn't mind having done that "mistake".
If this Reddit post is to be believed, it seems like they did sell everything but did regret it and got back in later: The price kept drifting downwards until finally at a little over $300 I had enough. I sold off everything, based on an accumulation of information I gathered mostly from social media such as bitcointalk.org and reddit: - The block size limit of 1MB was a threat to bitcoin’s future
- “Satoshi’s vision” was unlimited block sizes
- Gavin was ousted by a cabal of self-interested engineers, a.k.a. “Blockstream”
- Blockstream took control of bitcoin’s source code repository
- Theymos colluded with Blockstream to censor block size increase discussions
- The subreddit r/bitcoin heavily censored block size increase discussions
- Blockstream wanted the block size low to promote its proprietary Lightning Network
- Gregory Maxwell was a bad actor and Luke-Jr was a religious nut
- The market agreed with the above, leading to the then-decline in price towards $300
... tl;dr; I am the BearWhale: I sold Bitcoin for the wrong reasons, and now I am all-in and long bitcoin again. https://www.reddit.com/r/Bitcoin/comments/6d2tp1/i_am_the_bearwhale_uasf_now/If it's really him, and he went all-in in 2017, I hope it was at the lower priced end of 2017, not at the FOMO ATH price, otherwise he has probably killed himself by now ! nice to see how propaganda can turn a hodler into a seller. in a bottom range.
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vapourminer
Legendary
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Activity: 4326
Merit: 3519
what is this "brake pedal" you speak of?
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December 16, 2020, 11:51:04 AM |
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I also remember something like this (also in 2017 or so), which was unusual. I wrote to them asking, basically, wtf? The answer was that you enter the password on a special bank site, not on the Gemini site (all banks are integrated there) and the session is not recorded (right!!). It is probably similar to how you can prove that the btc account is yours by signing a message. Basically, they see that you were able to login, but they don't see the password as you login into your bank, essentially (or so they claim). I think all they get from the session is the record that you were able to login into the account you claim to be the owner of. The explanation was that this gives them confidence that the bank account is actually yours and you can control it. I did it, but then had to wait at least 3 weeks for approval. The only reason I initiated it in the first place was because at that time they had no limits (at least no discernible limits) on withdrawals and you can trade immediately after you initiate the deposit, which Coinbase did not have at the time.
Well you think wrong, care to try again? Don't think/trust, verify. Information we collect from your financial accounts. The information we receive from the financial product and service providers that maintain your financial accounts varies depending on the specific Plaid services developers use to power their applications, as well as the information made available by those providers. But, in general, we collect the following types of identifiers, commercial information, and other personal information from your financial product and service providers:
Account information, including financial institution name, account name, account type, account ownership, branch number, IBAN, BIC, and account and routing number;
Information about an account balance, including current and available balance;
Information about credit accounts, including due dates, balances owed, payment amounts and dates, transaction history, credit limit, repayment status, and interest rate;
Information about loan accounts, including due dates, repayment status, balances, payment amounts and dates, interest rate, guarantor, loan type, payment plan, and terms;
Information about investment accounts, including transaction information, type of asset, identifying details about the asset, quantity, price, fees, and cost basis;
Identifiers and information about the account owner(s), including name, email address, phone number, date of birth, and address information;
Information about account transactions, including amount, date, payee, type, quantity, price, location, involved securities, and a description of the transaction; and
Professional information, including information about your employer, in limited cases where you’ve connected your payroll accounts.
The data collected from your financial accounts includes information from all your accounts (e.g., checking, savings, and credit card) accessible through a single set of account credentials.
Information we receive from your devices. When you use your device to connect to our services through a developer’s application, we receive identifiers and electronic network activity information about that device, including IP address, hardware model, operating system, which features within our services you access, and other technical information about the device. We also use cookies or similar tracking technologies to collect usage statistics and to help us provide and improve our services. You can find more information about how we use cookies and your related choices in our Cookie Policy.
Information we receive about you from other sources. We also receive identifiers and commercial information about you directly from the relevant developer or other third parties, including our service providers, bank partners, and identity verification services. For example, developers may provide information such as your full name, email address, phone number, or information about your financial accounts and account transactions.
Inferences we derive from the data we collect. We may use the information we collect about you to derive inferences. For example, we may infer your location or your projected income based on the information we have collected about you from other sources. https://plaid.com/legal/#information-we-collect-and-categories-of-sourcesThough bitcoiners are not supposed to be so naïve, now you have to burn that account, then step away from your computer, pour gasoline all over it and set it on fire too! well looks to me that gemini isnt that much better than coinbase after all. both sell out all your info. so whats the difference really. dex is the way but here in the usa (land of the "free") i need a usa registered (read: dishonest and rotten to the core and in bed with everyone that pays) off ramp for my corn.
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_javi_
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December 16, 2020, 12:02:23 PM Merited by vapourminer (1) |
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well looks to me that gemini isnt that much better than coinbase after all. both sell out all your info. so whats the difference really.
dex is the way but here in the usa (land of the "free") i need a usa registered (read: dishonest and rotten to the core and in bed with everyone that pays) off ramp for my corn.
Last shaddy off ramp for my corn (Epayments) still has my 0.1 BTC stuck since february. Damn russian mob has my cents in forced hodl since then.. But it seems i have to wave it goodbye
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vapourminer
Legendary
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Activity: 4326
Merit: 3519
what is this "brake pedal" you speak of?
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December 16, 2020, 12:03:29 PM |
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Well it's one thing for financials institutions to have your transaction history and it's another when marketers do. Plus i'm not sure if it's a one time thing or they continue pulling/monitoring your transactions indefinitely? Then when those databases leak online and we can see all of your transactions history for past X years you can't bitch at anyone because you gave away your creds yourself.
well i did change the password to the bank account immediately after, fwiw. and you do make a good point about marketeers vs the bank having that info. when all those transactions to that goat porn site come out i will be shamed, well unless sheep porn is mainstream at that point. Privacy takes effort, you either go with the flow with the path of least resistance, or you use tor, private/incognito modes and drop facebook etc...
i was on the straight up internet before the WWW came along. dial up BBS, QWK mail (<- brad probably remember that), telnet, usenet, prodigy etc. back then noone (well not my feeble brain anyway) thought the privacy thing through at teh time. i mean we use real names.
by the time online privacy became an issue it was far far to late for me and the clubs/peeps i hung with.
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yefi
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Activity: 2842
Merit: 1511
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December 16, 2020, 12:10:50 PM |
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If he's smart The nature of his trade kind of suggests he wasn't.
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tranthidung
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Activity: 2268
Merit: 4004
Farewell o_e_l_e_o
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December 16, 2020, 12:11:56 PM Merited by OutOfMemory (1) |
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Today is Wednesday that is among the best days of week to trade bitcoin. - Monday, Thursday and Wednesday probably best days to trade every week.
- Friday, Saturday and Sunday are less volatile days and this fact somewhat is reflected with lower transaction fees on the network. As I pointed out the weekend effects
- Those statements are true for ranks based on either median or interquartile range (iqr) -- on plots, iqr is represented by the Green box.
- Pay attention on whiskers (outside boxes). Monday and Thursday have biggest gaps between whiskers. If you are good at tradings, you can take advantage of such
- Of course, bullish and bearish market can have a bit difference and don't let you are obsessed with statistics.
DetailsAll years * Ranks are based on median +--------------------------------------------------------------------------------+ | dofw median iqr p25 p75 min max | |--------------------------------------------------------------------------------| 1. | Wednesday .8378724 2.618876 -.7242507 1.894625 -5.544591 12.73686 | 2. | Monday .5560157 3.891994 -.556548 3.335446 -6.884572 10.96038 | 3. | Saturday .2637979 1.688826 -.4005385 1.288288 -6.687685 3.859725 | 4. | Thursday .2544709 3.238406 -1.167028 2.071378 -37.1869 18.0304 | 5. | Tuesday .0488164 3.354167 -1.036243 2.317924 -6.230167 8.436751 | 6. | Sunday .0117402 2.106423 -.9847237 1.1217 -8.98149 4.35372 | 7. | Friday -.0321932 2.067744 -.9416836 1.12606 -6.00138 10.87881 | +--------------------------------------------------------------------------------+
* Ranks are based on interquartile range (iqr = p75 - p25) +--------------------------------------------------------------------------------+ | dofw iqr p25 p75 median min max | |--------------------------------------------------------------------------------| 1. | Monday 3.891994 -.556548 3.335446 .5560157 -6.884572 10.96038 | 2. | Tuesday 3.354167 -1.036243 2.317924 .0488164 -6.230167 8.436751 | 3. | Thursday 3.238406 -1.167028 2.071378 .2544709 -37.1869 18.0304 | 4. | Wednesday 2.618876 -.7242507 1.894625 .8378724 -5.544591 12.73686 | 5. | Sunday 2.106423 -.9847237 1.1217 .0117402 -8.98149 4.35372 | 6. | Friday 2.067744 -.9416836 1.12606 -.0321932 -6.00138 10.87881 | 7. | Saturday 1.688826 -.4005385 1.288288 .2637979 -6.687685 3.859725 | +--------------------------------------------------------------------------------+
In 2020 only * Ranks are based on median +--------------------------------------------------------------------------------+ | dofw median iqr p25 p75 min max | |--------------------------------------------------------------------------------| 1. | Wednesday .8378724 2.618876 -.7242507 1.894625 -5.544591 12.73686 | 2. | Monday .5560157 3.891994 -.556548 3.335446 -6.884572 10.96038 | 3. | Saturday .2637979 1.688826 -.4005385 1.288288 -6.687685 3.859725 | 4. | Thursday .2544709 3.238406 -1.167028 2.071378 -37.1869 18.0304 | 5. | Tuesday .0488164 3.354167 -1.036243 2.317924 -6.230167 8.436751 | 6. | Sunday .0117402 2.106423 -.9847237 1.1217 -8.98149 4.35372 | 7. | Friday -.0321932 2.067744 -.9416836 1.12606 -6.00138 10.87881 | +--------------------------------------------------------------------------------+
* Ranks are based on interquartile range (iqr = p75 - p25) +--------------------------------------------------------------------------------+ | dofw iqr p25 p75 median min max | |--------------------------------------------------------------------------------| 1. | Monday 3.891994 -.556548 3.335446 .5560157 -6.884572 10.96038 | 2. | Tuesday 3.354167 -1.036243 2.317924 .0488164 -6.230167 8.436751 | 3. | Thursday 3.238406 -1.167028 2.071378 .2544709 -37.1869 18.0304 | 4. | Wednesday 2.618876 -.7242507 1.894625 .8378724 -5.544591 12.73686 | 5. | Sunday 2.106423 -.9847237 1.1217 .0117402 -8.98149 4.35372 | 6. | Friday 2.067744 -.9416836 1.12606 -.0321932 -6.00138 10.87881 | 7. | Saturday 1.688826 -.4005385 1.288288 .2637979 -6.687685 3.859725 | +--------------------------------------------------------------------------------+
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dragonvslinux
Legendary
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Activity: 1666
Merit: 2204
Crypto Swap Exchange
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December 16, 2020, 12:14:49 PM |
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$20k, it's coming!
I've got a beer ready, just in case... let's see
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bct_ail
Legendary
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Activity: 2618
Merit: 2217
https://t1p.de/6ghrf
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December 16, 2020, 12:23:08 PM |
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UnDerDoG81
Legendary
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Activity: 2179
Merit: 1201
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December 16, 2020, 12:26:10 PM |
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Itshappening.gif
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