goldkingcoiner
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Merit: 1652
Verified Bitcoin Hodler
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February 16, 2023, 04:46:34 PM Merited by JayJuanGee (1) |
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Good morning Bitcoinland.
I see another AYH. How pleasant.
$25k soon?
Looking at Coinbase, has already been claimed I would not listen to anything Coinbase says. The CEO spread FUD to drive down the price and it turned out to be completely out of context (SEC was only cracking down on Kraken due to their scheme, which was built on top of the staking system. It had nothing to do with real staking.). I think the CEO of Coinbase knew that. I think he used the chance to spook people into selling during an obvious pump. NEVER TRUST A CENTRALIZED EXCHANGE!
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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shahzadafzal
Copper Member
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Activity: 1526
Merit: 2890
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Satoshi Nakamoto 14 years ago today
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 16, 2023, 05:01:16 PM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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February 16, 2023, 05:04:35 PM Merited by OutOfMemory (1) |
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GM........
......To drive some "unscalable blockchain" narrative, like "bitcoin may bloat up in size and slow down to halt s00n"-like stuff? Just wondering.
Tick tock, next block. Bitcoin gives no shits. A new block every 10 minutes, give or take 5 minutes. & GM to uie-pooie too. I had to deposit some corn into Kraken yesterday. Was scared from what I saw on https://jochen-hoenicke.de/queue/. At the end I paid a fee of ~$0.35 (@ 7sat/vb) to move ~0.2 BTC within 15minutes. IMO this whole ordinal crap just lifted the base fee from 1sat/vb to 5-10sat/vb which is still incredibly cheap for what it is. Me thinks it looks like the whole fee-market-mechanic built into Bitcoin is working as intended. Even if mempool is having a huge queue right now, it is almost exclusively 1sat/vb transactions, pay a little more and things are as fine as they were before ordinals came along. <thisisfine.jpg> Exactamente... A big nothing burger... those getting worked up about it are attacking bitcoin from my point of view... .. when believing there is some kind of "urgent" need to fix something (or to even think about fixing something) that is not a problem.. not broken.
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dragonvslinux
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Crypto Swap Exchange
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February 16, 2023, 05:10:03 PM |
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Now it get's interesting imo. This is current outlook superimposing macro levels (Weekly) onto short-term time frame (15M). Currently in between the 50 & 200 Week MAs, attempting to turn the former into support. 50 Week MA @ $24.739 and declining (bearish). 200 Week MA @ $25,012 and rising (bullish). Volume zone highlighted for context. Turning the 50 WMA into support is the key here.
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gembitz
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February 16, 2023, 05:13:54 PM |
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/\25OOO floor spin here we go ~ left foot right foot \_-_-_/ boom
____RARE PEPE NFTS ON BTC CHAIN ORDINALS GOGOGOGO___
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Crypto Library
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February 16, 2023, 05:20:41 PM |
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This week or next week ??
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vroom
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a Cray can run an endless loop in under 4 hours
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February 16, 2023, 05:55:32 PM |
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This week or next week ?? today or tomorrow?
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jojo69
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diamond-handed zealot
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February 16, 2023, 05:55:35 PM |
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"Well, I call it crypto shit. It's worthless, it's no good, it's crazy, it'll do nothing but harm, it’s antisocial to allow it,"
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JayJuanGee
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Activity: 3696
Merit: 10157
Self-Custody is a right. Say no to"Non-custodial"
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February 16, 2023, 05:58:48 PM |
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So My coin purchases have been 32x of fiat since nov 2022
As JJG suggested I am keeping these numbers separate from my mining earnings and gear purchases.
My goal will be a minimum of 200x units of purchased btc so I have 168x to go or 84 weeks of dca.
Yeah, but you have been pretty silent in regards to whether you were able to buy back the BTC that you sold at around sub $20k prices. How did that work out? All fine and dandy if you had $100k worth of BTC that you sold at or below $20k, and then you were able to buy $40k back below your sales price and you are scrambling to get back the other 60% at prices that are higher than your sales price.. even though you feel good about it.. you still end up losing and would have had been better off if you had not sold on the way down in the first place. Another thing that you can proclaim is that your finances "are complicated" because your selling of BTC below $20k allowed you to be able to "invest in mining equipment" that had been way lower prices and opportunities that became available than such mining equipment had been higher prices prior to BTC's price dropping below $20k. .. so perhaps you will have had made up for your sub $20k sales of BTC in the long run so long as your mining ends up sufficiently paying off.. but perhaps, it is too complicated, and in reality, selling BTC below $20k was not such a great idea.. whether you used such proceeds to invest in mining equipment or not. This week or next week ?? Nice little "gradual" and ongoing UPpity (maybe our starting base might be in the ballpark of $16,666-ish) since the beginning of the year... that is seemingly "scary" (for some peeps), no? "Well, I call it crypto shit. It's worthless, it's no good, it's crazy, it'll do nothing but harm, it’s antisocial to allow it," Exactly!!!! I don't like that word: "crypto" either.
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ChartBuddy
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Activity: 2156
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 16, 2023, 06:01:21 PM |
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Phil_S
Legendary
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Activity: 2090
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We choose to go to the moon
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February 16, 2023, 06:24:15 PM |
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1.5x per year?
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Volgastallion
Sr. Member
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Activity: 462
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CONTEST ORGANIZER
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February 16, 2023, 06:37:34 PM |
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GM........
......To drive some "unscalable blockchain" narrative, like "bitcoin may bloat up in size and slow down to halt s00n"-like stuff? Just wondering.
Tick tock, next block. Bitcoin gives no shits. A new block every 10 minutes, give or take 5 minutes. & GM to uie-pooie too. I had to deposit some corn into Kraken yesterday. Was scared from what I saw on https://jochen-hoenicke.de/queue/. At the end I paid a fee of ~$0.35 (@ 7sat/vb) to move ~0.2 BTC within 15minutes. IMO this whole ordinal crap just lifted the base fee from 1sat/vb to 5-10sat/vb which is still incredibly cheap for what it is. Me thinks it looks like the whole fee-market-mechanic built into Bitcoin is working as intended. Even if mempool is having a huge queue right now, it is almost exclusively 1sat/vb transactions, pay a little more and things are as fine as they were before ordinals came along. <thisisfine.jpg> Exactamente... A big nothing burger... those getting worked up about it are attacking bitcoin from my point of view... .. when believing there is some kind of "urgent" need to fix something (or to even think about fixing something) that is not a problem.. not broken. Please return the account to the real JayJuanGee, its so easy to know he wasnt him, less than 458124211241215 words in a post on WO? No way.
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ChartBuddy
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Activity: 2156
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 16, 2023, 07:01:17 PM |
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JayJuanGee
Legendary
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Activity: 3696
Merit: 10157
Self-Custody is a right. Say no to"Non-custodial"
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February 16, 2023, 07:10:30 PM |
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1.5x per year? Why switch? Weren't you a 2x per year kind of a guy?
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philipma1957
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'The right to privacy matters'
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February 16, 2023, 07:32:35 PM |
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1.2 a year is more than good enough.
2003 gold was 400 it is now 1800. if it had done 1.2 a year we would be at 15,335
at 1.2 a year BTC in 20 years.
16.70 jan 2023 20.04 jan 2024 24.048 jan 2025 28.8576 jan 2026 34.62912 jan 2027 41.554944 jan 2028 49.8659328 jan 2029 59.83911936. jan 2030 71.806943232>>> jan 2031 86.1683318784>>> Jan 2032 103.40199825408>> jan 2033. ten years time
640k in 20 years time if it does 1.2%
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Phil_S
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We choose to go to the moon
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February 16, 2023, 07:36:24 PM |
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Why switch?
Weren't you a 2x per year kind of a guy?
I'm pro-reality kind of guy.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 16, 2023, 08:01:17 PM |
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OgNasty
Donator
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Leading Crypto Sports Betting & Casino Platform
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Resistance is breaking down… We saw a brief burst through $25K but the market hasn’t been able to hold that level yet. As I stated before, I suspect if we do see a prolonged move above $25K and accumulation happening, we’re going to jump straight to $30K faster than anyone expects. Hopefully people were able to grab the FTX dip around $16K. I’ll admit I wish I bought more, but I’m happy to stick with the plan and watch it unfold.
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Gachapin
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February 16, 2023, 08:59:50 PM Merited by JayJuanGee (1) |
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1.2 a year is more than good enough.
2003 gold was 400 it is now 1800. if it had done 1.2 a year we would be at 15,335
at 1.2 a year BTC in 20 years.
16.70 jan 2023 20.04 jan 2024 24.048 jan 2025 28.8576 jan 2026 34.62912 jan 2027 41.554944 jan 2028 49.8659328 jan 2029 59.83911936. jan 2030 71.806943232>>> jan 2031 86.1683318784>>> Jan 2032 103.40199825408>> jan 2033. ten years time
640k in 20 years time if it does 1.2%
gaaawd... philipma1957 get a grip... you are taking it way too far with you bearishness... with this growth rate we won't even get another ATH in 10 years, when adjusted for inflation.
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