strawbs
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December 20, 2020, 11:19:00 AM |
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What's even worse than that, is being able to do wonderful and meaningful things, but wasting your time and wealth pursuing pointless tasks. Risto Pietila's story is a good example.
What happened to Risto in the end? I had a few exchanges with him in the past, but years ago now. I know he was a troubled soul but what was the story?
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serveria.com
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December 20, 2020, 11:20:48 AM |
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What's even worse than that, is being able to do wonderful and meaningful things, but wasting your time and wealth pursuing pointless tasks. Risto Pietila's story is a good example.
What happened to Risto in the end? I had a few exchanges with him in the past, but years ago now. I know he was a troubled soul but what was the story? There were rumours he died... not sure how it happened though...
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serveria.com
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btcbeliever
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December 20, 2020, 11:25:21 AM |
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Paashaas
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December 20, 2020, 11:47:55 AM |
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Trolololo's 2014 updated chart. $100k @ 16-07-2021? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjtyG3Be.png&t=665&c=Si-bb2It3HFTxA)
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nutildah
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Happy 10th Birthday to Dogeparty!
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December 20, 2020, 12:09:32 PM |
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Elwar is a likable guy, but I've never understood his obsession with seasteading. I guess that, when you become super-rich, something screws up in your head and you become obsessed with pointless, impossible tasks. Risto Pietila comes to mind. It's sad, really.
Trying to go against nature is a futile, pointless task, as is trying to go against the establishment without a feasible plan. Taking the law on your hands and setting up a seastead in the middle of the ocean is madness and delusion combined.
IMHO.
What's worse is having the chance to do something extraordinary but being too afraid to take it. What's even worse than that, is being able to do wonderful and meaningful things, but wasting your time and wealth pursuing pointless tasks. Risto Pietila's story is a good example. Possibly, but Elwar has a vision, and I say its better to spend your time on the planet pursuing that than ways to re-invest your already substantial wealth. Breakthroughs are made by giving new ideas a go, ala Bitcoin in our mutual instance. That kind of spirit should be encouraged. Also, all that doesn't really apply to Risto, RIP. Risto was, AFAIK, born wealthy and suffered from mental illness. He was very grandiose and by all means his lifestyle should not be emulated. Risto just kind of flailed about, driven by a combination of bipolar disorder, narcissism and a bit of histrionic personality disorder, whereas Elwar is on an actionable mission. Plus, you'll never catch Elwar posing for a photo op next to a classic car, much less painted in pink. (Again, RIP Risto) He should probably do that though for the LOLs.
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serveria.com
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December 20, 2020, 12:25:43 PM |
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Trolololo's 2014 updated chart. $100k @ 16-07-2021? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjtyG3Be.png&t=665&c=Si-bb2It3HFTxA) Well, the chart has $10k for 2017 for x10 should be $200k.
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BobLawblaw
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Neighborhood Shenanigans Dispenser
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tranthidung
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Farewell o_e_l_e_o
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December 20, 2020, 01:04:33 PM Last edit: December 21, 2020, 04:17:58 AM by tranthidung |
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I hope you are enoying the bull run and the current streak Before jump into the content, I hope you are doing well and enjoying the crazy bull run of bitcoin.
Bitcoin is volatile and it rises or falls in small or big changes over time. This thread is published to give information about Bitcoin streaks. The term of streak is familiar with gamblers but for non-gamblers and non-native English speakers, you might confuse about it. Let's me explain a bit. Streak means something happen in-a-row, continuously. It can be win / loss, rise/ fall. The alternative term can be spell. It is a language term and you can choose one that fits you, just understand the meaning of streak I use here. Definitions- Rise streaks: a streak when % change between close price and open price is Positive (>0) for at least 5 days in-a-row.
- Fall streaks: a streak when % change between close price and open price is Negative (<0) for at least 5 days in-a-row.
- Generally, streaks here are 5+-days streaks (positive or negative).
We are enjoying the crazy bull run so let's get started with Rise streaks. Rise StreaksColor codes SummaryBitcoin broke the record in 2017 and increased a lot after that but in some indicators (below), the current bull run and this year are not the longest and biggest run of bitcoin. It is true in indicators for total rise streaks, total days of all streaks within a year, maximum of longevity of streaks within a year, average value of % changes of price for all streaks within a year. Details2017 is the year is highest total rise streaks (10), second is 2019 (9), 2013 ( 8 ). +----------------------------+ | rank year YearlyStreak | |----------------------------| 1. | 1 2017 10 | 2. | 2 2019 9 | 3. | 3 2013 8 | 4. | 4 2016 7 | 5. | 5 2020 7 | 6. | 6 2015 6 | 7. | 7 2018 4 | 8. | 8 2014 3 | +----------------------------+
Top 3 years in mean of poc_s of all streaks in each year are: 2013 (31.47%), 2017 (28.51%), 2014 (22.52%) +------------------------+ | rank year poc_s | |------------------------| 1. | 1 2013 31.46625 | 2. | 2 2017 28.507 | 3. | 3 2014 22.52 | 4. | 4 2018 21.8975 | 5. | 5 2020 18.19571 | 6. | 6 2019 18.19333 | 7. | 7 2015 14.46667 | 8. | 8 2016 11.60429 | +------------------------+
Ranks for all Rise streaks according to poc_s values +------------------------------+ | rank year _spell poc_s | |------------------------------| 1. | 1 2017 34 80.68 | 2. | 2 2013 7 69.7 | 3. | 3 2013 6 50 | 4. | 4 2013 8 46.11 | 5. | 5 2019 45 43.37 | 6. | 6 2013 1 43.26 | 7. | 7 2017 29 40.27 | 8. | 8 2017 31 37.87 | 9. | 9 2020 54 32.23 | 10. | 10 2017 30 29.42 | 11. | 11 2017 32 28.73 | 12. | 12 2018 35 28.64 | 13. | 13 2020 50 27.93 | 14. | 14 2018 38 27.75 | 15. | 15 2014 9 26.27 | 16. | 16 2019 42 25.4 | 17. | 17 2017 33 24.58 | 18. | 18 2019 46 23.98 | 19. | 19 2014 11 23.79 | 20. | 20 2015 16 23.08 | 21. | 21 2016 19 20.64 | 22. | 22 2016 24 20.21 | 23. | 23 2018 37 19.76 | 24. | 24 2015 12 19.14 | 25. | 25 2015 17 17.89 | 26. | 26 2019 44 17.6 | 27. | 27 2014 10 17.5 | 28. | 28 2020 48 16.88 | 29. | 29 2020 53 16.84 | 30. | 30 2016 23 16.6 | 31. | 31 2019 43 14.7 | 32. | 32 2020 52 14.52 | 33. | 33 2017 25 13.34 | 34. | 34 2013 3 13.13 | 35. | 35 2017 28 11.94 | 36. | 36 2017 27 11.92 | 37. | 37 2019 47 11.65 | 38. | 38 2018 36 11.44 | 39. | 39 2019 41 11.12 | 40. | 40 2013 5 11.08 | 41. | 41 2019 39 10.57 | 42. | 42 2015 15 10.38 | 43. | 43 2016 20 10.25 | 44. | 44 2020 49 10.16 | 45. | 45 2015 13 9.64 | 46. | 46 2013 2 9.49 | 47. | 47 2016 21 9.25 | 48. | 48 2013 4 8.96 | 49. | 49 2020 51 8.81 | 50. | 50 2015 14 6.67 | 51. | 51 2017 26 6.32 | 52. | 52 2019 40 5.35 | 53. | 53 2016 18 2.18 | 54. | 54 2016 22 2.1 | +------------------------------+
Fall Streaks2014 is the most terrible years according to total fall streaks (9). For rest years, there is no significant difference when the values range from 3 to 1. If you notice, total fall streaks each year (in bull or bear market, tend to be less than total Rise streaks). Amazing right? +----------------------------+ | rank year YearlyStreak | |----------------------------| 1. | 1 2014 9 | 2. | 2 2018 3 | 3. | 3 2016 3 | 4. | 4 2020 2 | 5. | 5 2019 2 | 6. | 6 2013 1 | 7. | 7 2015 1 | +----------------------------+
2018 is the year with most terrible mean of poc_s value for all streak in that year (-16.92%), next years are 2014 (-12.07%), 2016 (-11.03%). +-------------------------+ | rank year poc_s | |-------------------------| 1. | 1 2018 -16.92333 | 2. | 2 2014 -12.07111 | 3. | 3 2016 -11.03333 | 4. | 4 2019 -10.745 | 5. | 5 2020 -9.955 | 6. | 6 2015 -9.45 | 7. | 7 2013 -8.71 | +-------------------------+
Ranks for all Fall streaks according to poc_s values +-------------------------------+ | rank year _spell poc_s | |-------------------------------| 1. | 1 2018 15 -22.91 | 2. | 2 2016 12 -20.37 | 3. | 3 2014 8 -17.6 | 4. | 4 2014 10 -17.27 | 5. | 5 2014 7 -15.94 | 6. | 6 2019 18 -14.9 | 7. | 7 2018 16 -14.46 | 8. | 8 2014 9 -13.83 | 9. | 9 2020 20 -13.7 | 10. | 10 2018 17 -13.4 | 11. | 11 2014 4 -11.82 | 12. | 12 2014 6 -9.84 | 13. | 13 2015 11 -9.45 | 14. | 14 2013 1 -8.71 | 15. | 15 2014 2 -8.53 | 16. | 16 2016 13 -8.53 | 17. | 17 2014 3 -7.6 | 18. | 18 2019 19 -6.59 | 19. | 19 2020 21 -6.21 | 20. | 20 2014 5 -6.21 | 21. | 21 2016 14 -4.2 | +-------------------------------+
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FJqP2oZg.png&t=665&c=kTtU2jaf3qoXrA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FHjR4FF4.png&t=665&c=5bR3JThXjeopmA) My life is not done yet. I will write an abstract soon! Anyway, enjoy for now ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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d_eddie
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December 20, 2020, 01:04:55 PM |
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What's even worse than that, is being able to do wonderful and meaningful things, but wasting your time and wealth pursuing pointless tasks. Risto Pietila's story is a good example.
What happened to Risto in the end? I had a few exchanges with him in the past, but years ago now. I know he was a troubled soul but what was the story? There were rumours he died... not sure how it happened though... From what I heard, he took his life. It made me sad, even if we weren't friends by any means. I think he was a troubled soul.
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ElBinBit
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December 20, 2020, 01:06:04 PM |
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Guys, I noticed this on the Willy Woo Charts: When the REALIZED PRICE and VWAP PRICE lines start to narrow, we always touch the TOP! Look at This... https://charts.woobull.com/bitcoin-price-models/
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d_eddie
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December 20, 2020, 01:11:06 PM Last edit: December 20, 2020, 02:58:47 PM by d_eddie |
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Elwar's story should make us all sad and wary.
This is what you get for trying to cut out an autonomous slice of world without influence from TPTB.
What didn't the insurance companies want to insure? A solid ship? I don't think so. It would be quite lucrative to insure it.
The companies bailed out because they see Elwar's dream for what it is: a revolutionary project, maybe still in its infancy, OK, maybe with several improvements and adjustments to be implemented through experience, OK, but a revolutionary project with full potential to piss off TPTB big time. See what happened in Thailand. Imagine what could happen if the next to get pissed off is Uncle Sam or the PRC.
Who in their right mind would want to insure anything against those stakes, and against those potential adversaries?
Who would have insured Ernesto Guevara, or Dr. King - or Jesus Christ, for that matter? We know how they ended eventually.
(Disclaimer: not a follower of Guevara or King or Christ, but still...)
EDIT - Not implying any comparison between Elwar and those historically important people, but the Satoshi is a revolutionary "land". A small revolution, for the time being, but atypical in that it's led by a grass roots community which - and here's the unusual part - is wealthy. Small but dangerous. Better nip in the bud.
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eddie13
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December 20, 2020, 01:54:43 PM |
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Screw insurance and screw laws.. Just do it with no insurance and flip them all off.. I thought the whole point of being in international waters was not having to obey anyone’s laws? Fire the thing up and make a run for it out of territorial waters and stay out there.. Have your supplies brought out.. Get the boat offshore of the USA so if you get raided by a government it will be the US government and you won’t just get killed.. Did you try calling some small governments and asking if you can just post your ship up in their waters? Ring up Cuba and hati and just ask them how much BTC they want for a parking spot in their waters and for them to just leave you the fuck alone.. Gotta be some small corrupt government out there that will let you buck the system.. Maybe even India.. just don’t turn it in to the scrapyard and putt around with it there until they force you to stop..
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Globb0
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December 20, 2020, 02:02:36 PM Merited by JayJuanGee (1) |
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Surely, your situation does not seem enviable, VB.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia1.tenor.com%2Fimages%2Fcb43a2b622b333e0495cf18920712cd5%2Ftenor.gif%3Fitemid%3D9865725&t=665&c=X4oNJGq_BKQpmw) Its not that easy, he would have to request compensation equivalent to the price of bitcoin on January 1 2021 for the fiat loaned, but that is impossible..., at the moment I only have the agreement for the money to be returned at the end of this month, we are on the dec-20 and the bag is empty. (I will have to start with a less aggressive but constant strategy, in case I can take advantage of some lower prices.) Thx for reminding me how dumb I am. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Its not what happens to you that defines you. Its what you do next! Good luck sir.
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JimboToronto
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December 20, 2020, 02:03:35 PM |
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Good morning Bitcoinland. Still consolidating just a smidgen higher than yesterday and the day before... currently $23565USD/$30135CAD (Bitcoinaverage). Let's keep this slow controlled rise going... not too fast. Go Bitcoin go. Is anyone really surprised? Of all the mainstream financial rackets, insurance companies perhaps are the worst. They hate Bitcoin.
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Globb0
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I just need to find a second hand nuclear sub.
We are going to go deep this time!
Free trade on board the Satoshi Nautilus!
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soullyG
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December 20, 2020, 02:18:46 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FEprC5cBW8AAFDOh%3Fformat%3Djpg%26name%3Dmedium&t=665&c=2msrYDH49_NZvg) Sorry to hear about the Satoshi, Elwar!
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philipma1957
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December 20, 2020, 02:19:45 PM |
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I don’t have a lot of coins so I really need $100k+ for it to matter in a life changing way..
I’m pretty comfy being poor though.. Have been poor all my life.. I am very self sufficient so I can do, enjoy, and have a lot while spending very little.. I don’t need as much $$ because I don’t need to hire everyone else to do things for me.. I can do most everything on my own..
My dream is to have a long vacation in a sailboat around the world.. I don’t need a massive expensive boat and can do all the maintenance work myself.. So like $50k for a boat buy/maintenance budget and basically money for food/expenses to last atleast a few years.. If god is kind he will smite me down in a hurricane before I run out of food money so I never have to go back to the rat race..
Nah if god is kind you will find a sinking boat rescue a BTC billionaire that gives you two old unopened 50 coin blocks. 100 btc at 23 k is 2.3 million 100 btc at 100k is 10 million since you will be crusing when coin is 100k + it will be over 10 million in value. There is an old beer commerical with the theme it does not get better than this. To make the gift of 100btc to you better BTC doubles by the time you get back on shore. Making the 10 mil in coin worth 20 mil.
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Karartma1
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December 20, 2020, 02:22:48 PM Merited by vapourminer (1) |
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Elwar is a likable guy, but I've never understood his obsession with seasteading. I guess that, when you become super-rich, something screws up in your head and you become obsessed with pointless, impossible tasks. Risto Pietila comes to mind. It's sad, really. Trying to go against nature is a futile, pointless task, as is trying to go against the establishment without a feasible plan. Taking the law on your hands and setting up a seastead in the middle of the ocean is madness and delusion combined. IMHO. https://en.wikipedia.org/wiki/Republic_of_Rose_Island
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eddie13
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December 20, 2020, 02:54:59 PM |
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I don’t have a lot of coins so I really need $100k+ for it to matter in a life changing way..
I’m pretty comfy being poor though.. Have been poor all my life.. I am very self sufficient so I can do, enjoy, and have a lot while spending very little.. I don’t need as much $$ because I don’t need to hire everyone else to do things for me.. I can do most everything on my own..
My dream is to have a long vacation in a sailboat around the world.. I don’t need a massive expensive boat and can do all the maintenance work myself.. So like $50k for a boat buy/maintenance budget and basically money for food/expenses to last atleast a few years.. If god is kind he will smite me down in a hurricane before I run out of food money so I never have to go back to the rat race..
Nah if god is kind you will find a sinking boat rescue a BTC billionaire that gives you two old unopened 50 coin blocks. 100 btc at 23 k is 2.3 million 100 btc at 100k is 10 million since you will be crusing when coin is 100k + it will be over 10 million in value. There is an old beer commerical with the theme it does not get better than this. To make the gift of 100btc to you better BTC doubles by the time you get back on shore. Making the 10 mil in coin worth 20 mil. Would make a great movie, but Im not greedy to hope for such, lol..
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