philipma1957
Legendary
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Activity: 4102
Merit: 7742
'The right to privacy matters'
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Congrats to a new legend - Phil_S! Well deserved IMO. I haven't been able to contribute much, but now I'm clapping my hands from the sidelines :-)
Fine at 9xx? No effing way. It's just like the corn being fine at 9x,xxx.
I fixed that. When the time comes We will not stand for 99,999.
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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philipma1957
Legendary
Offline
Activity: 4102
Merit: 7742
'The right to privacy matters'
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May 12, 2021, 12:51:17 AM |
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This is my 666th post, scary shit.
you now have 250 merits should help you move up.
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OROBTC
Legendary
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Activity: 2912
Merit: 1841
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May 12, 2021, 02:32:46 AM |
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This is my 666th post, scary shit.
you now have 250 merits should help you move up. Philipma1957! Just the sort of guy who might be able to answer a question I just asked over at another thread (at Development & Technical), since you're a miner...: https://bitcointalk.org/index.php?topic=5336854.0What happens to "change" that would come back after sending a small amount (say BTC0.0001) to a miner?Asking for a friend. EDIT: Hey Philip, the question has been answered over there.
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bitebits
Legendary
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Activity: 2206
Merit: 3166
Flippin' burgers since 1163.
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When bitcoin freezes (cold storage), it expands by 200% per year.
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Richy_T
Legendary
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Activity: 2422
Merit: 2112
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 12, 2021, 04:43:26 AM |
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Time for bed. I'd like to place a wake-up call for $61,000 please.
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OutOfMemory
Legendary
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Activity: 1526
Merit: 2965
Man who stares at charts
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May 12, 2021, 10:28:10 AM Last edit: May 12, 2021, 10:39:43 AM by OutOfMemory |
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Time for bed. I'd like to place a wake-up call for $61,000 please.
Placed. I hope it's not going off in 2024 Been pretty busy lately, building, planning, constructing, building, repairing. This week it's not too bad to NOT have time to check the BTC price too often Alts are the new stonks now? EDIT: Can't remember to whom i talked about e-drums here lately, but i managed to get a used Alesis dm10 pro mkII in good (refurbished) condition at a bargain price. It has about 8ms latency on the heads, which is good enough for me, as it's a learning/practice kit for the family. There's a slightly longer delay on the cymbals, but i can barely feel it. Might depend on settings, too. The decision to buy this one was based on the extra 12" tom and 2nd crash cymbal, extra snare stand and an X-Hat, which is a "normal" 2-cymbals variant for open/half open/close sounds, mounted on a regular hihat stand. I would have liked a Roland for 4ms latency, but there were none available used nearby, and i don't even remember one within the last few months when i was looking for used e-kits occasionally. EDIT2: BTC, if bouncing right now at around $56.200 should be fine.
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Phil_S
Legendary
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Activity: 2089
Merit: 1461
We choose to go to the moon
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May 12, 2021, 10:31:51 AM |
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somac.
Legendary
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Activity: 2041
Merit: 1174
Never selling
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May 12, 2021, 11:25:51 AM Last edit: May 12, 2021, 11:46:13 AM by somac. |
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You know its kind of weird. The mempool is essentially empty, transactions of 1sat/vB are going through now, yet there are transactions still being sent at 605sat/vB. Are these people just dumb as dogshit or is it an exchange sending huge fees at their customers expense in an effort to make it look to people like BTC fees are high? I can explain this no other way. Edit: Here's the address that is doing it. Pretty odd behaviour. https://mempool.space/address/37VbgjzwVrM93g6zQrc4XP5RonpwnwKevj
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kellrobinson
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May 12, 2021, 11:29:29 AM |
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Red shows bitcoin's arithmetic mean ("average") daily price from 100 weeks in the past to 100 weeks in the future. Green shows bitcoin's geometric mean ("geomean") price over the same time span. The geomean looks better to me. In principle the geometric mean works better than the arithmetic mean on data that spans orders of magnitude. People are habituated in linear thinking, use of linear charts and linear functions like the arithmetic mean. You see it all the time, even on glassnode, linear financial charts where data gets squished at the bottom of the scale, with monster intermittent spikes. The green line starts going pretty straight in 2015 and shows bitcoin's price trend doubling yearly. If you extrapolate the line to today, price is a little above it. But for the geomean to keep going in a perfectly straight line, we'll need another boom to several hundred $k. LOL
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Phil_S
Legendary
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Activity: 2089
Merit: 1461
We choose to go to the moon
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May 12, 2021, 11:57:34 AM |
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'Doubling yearly' sounds good. I'm OK with that.
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somac.
Legendary
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Activity: 2041
Merit: 1174
Never selling
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May 12, 2021, 11:58:55 AM |
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Those rags, like all the others, are in the business of making money, not reporting news. You will never get accurate news from journalists.
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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May 12, 2021, 12:39:12 PM |
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1 and 3 look positive. One says a million, another says a quarter of a million. Per bitcoin. As far as price goes, that looks pretty bullish to me.
The market insider one is still kinda better than any value from last year at $40k.
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Karartma1
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Activity: 2310
Merit: 1422
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May 12, 2021, 12:54:25 PM |
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'Doubling yearly' sounds good. I'm OK with that. I think everyone is on the same page here.
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Torque
Legendary
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Activity: 3542
Merit: 5039
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May 12, 2021, 01:36:38 PM |
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Just noticed what you did, you dorks! I told you 9xx is fine, damn it. You'll pay for this!
With great power comes great responsibility. Use it wisely.
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AlcoHoDL
Legendary
Online
Activity: 2352
Merit: 4129
Addicted to HoDLing!
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May 12, 2021, 01:38:07 PM Last edit: May 12, 2021, 06:28:16 PM by AlcoHoDL Merited by JayJuanGee (1), somac. (1) |
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'Doubling yearly' sounds good. I'm OK with that. Doubling every year (100% up) is not only good, it's excellent. It may seem a little bearish for 2021, but it's a great performance in the long run, and one I'm also perfectly OK with: End of: 2020 — $30k 2021 — $60k 2022 — $120k 2023 — $240k 2024 — $480k 2025 — $960k <--- sat/¢ parity (1 BTC = $1M) by end of 20252026 — $1.9M This is half of Saylor's 200% up (3x) yearly growth prediction, which goes like this: End of: 2020 — $30k 2021 — $90k 2022 — $270k 2023 — $810k 2024 — $2.4M <--- sat/¢ parity (1 BTC = $1M) by early 20242025 — $7.3M 2026 — $22M I don't really believe in steady progressions like either one of the above. The reality will be much more unpredictable, but it is near-certain that the trend will be positive. I'm expecting to see 6-figure prices this year, and sat/¢ parity (1 BTC = $1M) by 2024/2025, complete with the usual and expected pumps 'n' dumps. Guaranteed $1M+/coin prices that one can depend on should take a little bit more time, but we'll get there. HoDL.Edit: Corrected typo.Edit 2: Corrected wrong numbers in Saylor's case: 200% growth = 4x 3x growth! Thanks Phil_S.
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somac.
Legendary
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Activity: 2041
Merit: 1174
Never selling
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May 12, 2021, 01:39:32 PM |
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'Doubling yearly' sounds good. I'm OK with that. Doubling every year (100% up) is not only good, it's excellent. It may seem a little bearish for 2021, but it's a great performance in the long run, and one I'm also perfectly OK with: End of: 2020 — $30k 2021 — $60k 2022 — $120k 2023 — $240k 2024 — $480k 2025 — $960k <--- sat/¢ parity (1 BTC = $1M) by end of 20252026 — $1.9M This is half of Saylor's 200% up (4x) prediction, which goes like this: End of: 2020 — $30k 2021 — $120k 2022 — $480k 2023 — $1.9M <--- sat/¢ parity (1 BTC = $1M) by mid-20232024 — $7,7M 2025 — $31M 2026 — $123M I don't really believe in steady progressions like either one of the above. The reality will be much more unpredictable, but it is near-certain that the trend will be positive. I'm expecting to see 6-figure prices this year, and sat/¢ parity (1 BTC = $1M) by 2024/2025, complete with the usual and expected pumps 'n' dumps. Guaranteed $1M+/coin prices that one can depend on should take a little bit more time, but we'll get there. HoDL.Sounds god damn awesome to me.
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cAPSLOCK
Legendary
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Activity: 3738
Merit: 5127
Whimsical Pants
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May 12, 2021, 01:46:28 PM Merited by JayJuanGee (1) |
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That whole site looks like a meme.. or a joke. Probably legit since it ends with dot com.
Yeah.. the Babalon Bee is a sort of Onion-esque site, but with a libertarian, and Christian bent. They are pretty freaking hilarious. Might piss off the harder left leaning folks a little...
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