philipma1957
Legendary
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Activity: 4116
Merit: 7865
'The right to privacy matters'
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February 08, 2024, 03:03:00 AM |
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BUDDY I will be sleeping soon lets do some lifting over night we could use 50k to fall by the wayside.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Amphenomenon
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February 08, 2024, 03:59:57 AM |
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Wow bitcoin network can be communicated over radio signals and mesh... give some btc to voyager 1!!! Ya, there’s been some cool projects working on this over the years. I’ve never tried it myself but I do find it interesting. You can also buy a satellite dish and communicate with the Bitcoin network that way. There are kits you can buy if you wanted to check it out. I’ll stick to the internet myself but by the time you need this stuff you wouldn’t be able to get it. After seeing this i went to watch a Youtube video about setting it up but to be Frank it is still quite tasking, expensive and require patient to get someone to send or receive from since it still under development and adoption rate is slow. https://youtu.be/6mFu8Wh3rkc?si=lou9Tv65H2abIlKGAlso there is an African bitcoin exchange i discovered it base on this research, Machankura which allow clients to buy and send bitcoin using their phone (any kind of phone) by dialing a ussd code which is currently available to 8 countries in Africa including my country Nigeria. Clients can send and receive bitcoin to one another with their phone from other Machankura users or to their Machankura LN address and while users can also set username in order not to publicly share phone number to receive bitcoin Redeem Bitcoin You can redeem Azteco Vouchers directly into your Machankura wallet
Users without internet connected devices can redeem Bitcoin from Azteco even when they are not in a position to visit the azte.co website. Users just need to dial the USSD and append the Azteco Voucher “reference code” found at the bottom of the voucher. This is the process of getting bitcoin in the exchange. interview of the exchange founder https://youtu.be/TMsifcH90WY?si=cxC4rpm460x3Wexu
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2024, 04:01:15 AM |
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ExplanationChartbuddy thanks talkimg.com
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JayJuanGee
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Activity: 3710
Merit: 10237
Self-Custody is a right. Say no to"Non-custodial"
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Bitcoin ETF approval, halving coming, interest rates probably going down in 2024 are good but the fact is miners are selling, ETFs inflows are good but not great, companies are being prudent and lay off workers.
The effects of higher interests are increasing everyday since loans are coming due for renewal everyday.
I see a new test under 40K$ before halving.
Oh gawd.. Good luck with that. Sure it is possible, but hoping for down (or waiting and failing to buy) when we already had a correction down to $38,500 seems to be not very reasonable to expect. Actually if we ever go under 40k again it would be far more likely to happen after the 1/2 ing. I think we have a shot to finally do an early ATH say 70k in late March with a lot of sideways action Until a better ATH in the late fall. But we all know these guesses are for entertainment more than anything else. I am having trouble with all of these various predictions too.. because surely once we get above $55k then that is no man's land between $55k and $82k.. so there still could be some resistance to actually get into $55k, but it is hard to say. By the time the halvening comes the 200-week moving average will likely be right around $33k, so I am having trouble imagining that BTC spot prices is going to come that close to the 200-week moving average absent just a quick dip. So, for sure, any BTC price theory that I have right now is jumbled and full of contradictions.. including that usually we do not test the previous ATH until around half a year after the halvening, but for a lot of reasons these are not normal times. ... so even if we might say that we get stuck in the $80k to $100k range, but that makes no sense either because the BTC price does not tend to get stuck at the top.. we will go to tops and then come back down a bit, so it could be the case that BTC prices go to almost $100k and then get stuck in the upper $70ks to lower $80ks for some time... and no matter what I consider, it seems difficult to really put it into a reasonable framework, and maybe it makes more sense to go to $120k and then come back and get stuck between $80k to $100k... all within this calendar year.. and that seems overly wishful thinking but it does not make sense to me to get stuck in no man's land and it also does not make a lot of sense to stay in this $40k to $55k range, either.. especially given how many BTC the ETF providers are continuing to have to buy in order to cover demand.. so it kind of makes sense that the BTC price goes up to accommodate that level of demand on liquidity. I am not going to be surprised by anything, yet like you I am trying to consider more likely and less likely scenarios, and I just have troubles considering what I consider to be less likely scenarios whihc is BTC prices getting stuck in noman's land - even if that might be what ends up happening.
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Toxic2040
Legendary
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Activity: 1792
Merit: 4141
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February 08, 2024, 04:44:18 AM |
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a bullish continuation above resistance with clear skys calling dyor 4h D stronghands
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2024, 05:01:15 AM |
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ExplanationChartbuddy thanks talkimg.com
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Biodom
Legendary
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Activity: 3752
Merit: 3869
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February 08, 2024, 05:14:32 AM |
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Bitcoin ETF approval, halving coming, interest rates probably going down in 2024 are good but the fact is miners are selling, ETFs inflows are good but not great, companies are being prudent and lay off workers.
The effects of higher interests are increasing everyday since loans are coming due for renewal everyday.
I see a new test under 40K$ before halving.
Oh gawd.. Good luck with that. Sure it is possible, but hoping for down (or waiting and failing to buy) when we already had a correction down to $38,500 seems to be not very reasonable to expect. Actually if we ever go under 40k again it would be far more likely to happen after the 1/2 ing. I think we have a shot to finally do an early ATH say 70k in late March with a lot of sideways action Until a better ATH in the late fall. But we all know these guesses are for entertainment more than anything else. I am having trouble with all of these various predictions too.. because surely once we get above $55k then that is no man's land between $55k and $82k.. so there still could be some resistance to actually get into $55k, but it is hard to say. By the time the halvening comes the 200-week moving average will likely be right around $33k, so I am having trouble imagining that BTC spot prices is going to come that close to the 200-week moving average absent just a quick dip. So, for sure, any BTC price theory that I have right now is jumbled and full of contradictions.. including that usually we do not test the previous ATH until around half a year after the halvening, but for a lot of reasons these are not normal times. ... so even if we might say that we get stuck in the $80k to $100k range, but that makes no sense either because the BTC price does not tend to get stuck at the top.. we will go to tops and then come back down a bit, so it could be the case that BTC prices go to almost $100k and then get stuck in the upper $70ks to lower $80ks for some time... and no matter what I consider, it seems difficult to really put it into a reasonable framework, and maybe it makes more sense to go to $120k and then come back and get stuck between $80k to $100k... all within this calendar year.. and that seems overly wishful thinking but it does not make sense to me to get stuck in no man's land and it also does not make a lot of sense to stay in this $40k to $55k range, either.. especially given how many BTC the ETF providers are continuing to have to buy in order to cover demand.. so it kind of makes sense that the BTC price goes up to accommodate that level of demand on liquidity. I am not going to be surprised by anything, yet like you I am trying to consider more likely and less likely scenarios, and I just have troubles considering what I consider to be less likely scenarios whihc is BTC prices getting stuck in noman's land - even if that might be what ends up happening. Imho, it is simple: we are left-translating either because the prior cycle was somewhat diminutive (because of COVID, China, etc) OR we are left-translating because people with money decided that this time the game has to play out (at least initially) BEFORE the election. It could also be that both factors are in place simultaneously PLUS the expectation of QT-->QE transition that is getting close. Anyway, this is my rationalization, but bitcoin has proven to be unpredictable in a short term.
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bitebits
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Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
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February 08, 2024, 05:55:55 AM Merited by JayJuanGee (1) |
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Except maybe the MtGox sales but that would be corrected within a day or two
Don't be so quick to dismiss the effect that the mtgox coins could have on the market. Last time I looked the discussion was that about 130,000 BTC were going to hit the market once the coins are distributed. After April we're looking at 450 BTC per day being added to the system. That's like damn near dumping a year's worth (289 days) of BTC supply on the market overnight. While there are certainly funds and OTC buyers lining up to get their hands on a massive chunk of BTC without moving the market, there's no way to tell if those 130K are going to be absorbed or cause an absolute market crash until it happens. My hope is that people with deep pockets will see this as an entry point the way Tim Draper did back in 2012/2013 with the government auction of a massive amount of coins, but I wouldn't say it's certain. [...] Major difference compared to the Tim Draper case, buying the Silk Road bitcoins in 2014, is that the MtGox bitcoins already have owner s.
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2024, 06:01:18 AM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2024, 07:01:16 AM |
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ExplanationChartbuddy thanks talkimg.com
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DirtyKeyboard
Sr. Member
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Activity: 266
Merit: 481
Fly free sweet Mango.
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February 08, 2024, 07:14:05 AM Merited by vapourminer (1) |
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ChartBuddy's 24 hour Wall Observation recap ..All Credit to ChartBuddy
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2024, 08:01:16 AM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2024, 09:01:19 AM |
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ExplanationChartbuddy thanks talkimg.com
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Gachapin
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February 08, 2024, 09:23:37 AM Last edit: February 08, 2024, 09:46:46 AM by Gachapin |
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Except maybe the MtGox sales but that would be corrected within a day or two
Don't be so quick to dismiss the effect that the mtgox coins could have on the market. Last time I looked the discussion was that about 130,000 BTC were going to hit the market once the coins are distributed. After April we're looking at 450 BTC per day being added to the system. That's like damn near dumping a year's worth (289 days) of BTC supply on the market overnight. While there are certainly funds and OTC buyers lining up to get their hands on a massive chunk of BTC without moving the market, there's no way to tell if those 130K are going to be absorbed or cause an absolute market crash until it happens. My hope is that people with deep pockets will see this as an entry point the way Tim Draper did back in 2012/2013 with the government auction of a massive amount of coins, but I wouldn't say it's certain. [...] Major difference compared to the Tim Draper case, buying the Silk Road bitcoins in 2014, is that the MtGox bitcoins already have owner s. Sure ....but yet another major difference is that it was 'only' 30k BTC and these coins could be scooped up with a measly 19 million $ by Draper. If 30k of the Gox coins (which is just 23% of the total) were to be sold, it'd need 70x the capital with today's prices.
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Gachapin
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February 08, 2024, 09:29:55 AM |
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when ever i feel anxious i like to think about reindeer I know.. I'm probably alone with this opinion but what I like about this girl is actually her cute face. ... and no, I'm not gonna resize this gif for my quote !
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2024, 10:01:15 AM |
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ExplanationChartbuddy thanks talkimg.com
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Ambatman
Full Member
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Activity: 308
Merit: 145
★Bitvest.io★ Play Plinko or Invest!
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February 08, 2024, 10:02:52 AM |
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I know.. I'm probably alone with this opinion but what I like about this girl is actually her cute face.
... and no, I'm not gonna resize this gif for my quote !
Yeah she cute Is not that am complaining but girls posting their half nudes now a common place on social medias sigh The trend current generation emulate is troubling. But those asset I believe bounces like Bitcoin after a dip.
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Hewlet
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February 08, 2024, 10:48:44 AM |
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Still bulling🏆 It's now $44k and still climbing
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 08, 2024, 11:03:24 AM |
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ExplanationChartbuddy thanks talkimg.com
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