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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16268. (Read 26609181 times)

hero member
Activity: 2604
Merit: 961
fly or die
In my country parents must take care of their children until they're 25yo, by law. And children must take care of their parents forever.

If I look at my grandparents on both sides, it worked out as intended, both couples lived in houses bought by their children and were taken care of till their death.

I don't have children yet but I believe they don't cost that much. If you spend a lot of money raising kids you're really spending a lot of money on yourself, which is fine of course, just don't accuse the kids.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Yeah, its more than just economics. I mean, if all your kids are bummers and failures (which means you are one too), then that really sucks. Even the poorest countries with the poorest peoples, come out with great kids.

Early in life, one of the better investments is in yourself. Get educated. (Debatable whether that's from a formal school or not). But at least learn how to live a good life. So many sites and books out there that give lists or steps of things that you should know how to do, or be able to do. Some examples:

A man ought to be able “to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.”

Some other things more "modern" would include:

1. Know how to change a flat tire, even if you don't do it yourself.
2. Learn how to dress up.
3. Know CPR.
4. Fix things in the house.
5. Swim
6. Run fast
7. Lift heavy stuff. (Barbells!)
8. Know one or two (or more) martial arts, don't need to be a black belt (just remember some Asian countries "force" all their kids to learn to this level by highschool.)
9. Get a degree if you can. Whether you use it or not is another matter.
10. Load, shoot, and clean a firearm.

I'm sure there's entire webpages full of these things. Go make your own.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Children are not good investment.
They have the biggest return on investments. Calculate how much you spend on each child. Some families have 5 or 6. 20 to 30 years later, they each make maybe 50k per year so 300k total, if you took care of them. More if they are smarter than you. Not counting all the fun you should have had all that time, (and all the problems too, of course.)

If you live to be a grand parent, well, they say they have the greatest joys... 10+ grand kids who you don't have to take care of at night, just play with them during the day. Unless you're still supporting your children (and grandchildren) because they suck. Well, that's partially your fault.

I don't have any (that I know of). But what I said as sorta joke it is in fact the reality of some of my friends that have them. Maybe the situation of my country doesn't help and there are lots of "children" older than 30 still living with their parents (even if they DO have a job).

Joke aside, I supposse the ROI is based on other benefits aside from an economical perspective.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Children are not good investment.

That depends how you look at it.

My mother once said that children are an investment and grandchildren are the dividends.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Children are not good investment.
They have the biggest return on investments. Calculate how much you spend on each child. Some families have 5 or 6. 20 to 30 years later, they each make maybe 50k per year so 300k total, if you took care of them. More if they are smarter than you. Not counting all the fun you should have had all that time, (and all the problems too, of course.)

If you live to be a grand parent, well, they say they have the greatest joys... 10+ grand kids who you don't have to take care of at night, just play with them during the day. Unless you're still supporting your children (and grandchildren) because they suck. Well, that's partially your fault.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Children are not good investment.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
I cook chicken. I got a deep fryer for that.

1. Put oil in deep fryer, plug (to turn on)
2. Get chicken, coat breading or whatever
3. Put chicken in deep fryer
4. Wait 5 or 6 minutes
5. Unplug deep fryer, wait 1 minute, scoop up the chicken.

I feed two kids, 4 and 5 year old.
legendary
Activity: 2520
Merit: 3038
My wife says ok, one has the kids and the other does dinner. Of course I opted for kids, I hate doing dinner. I then ask my 2 yr old to go into the living room and I then pick up my 1 month old baby boy.....


He then projectile vomits 3 times all over me. We are both totally covered and I mean absolutely drenched.

I had 2 options and I should have chosen dinner.

The joys of parenthood, Part 2. Vomit shower comes after sleep deprivation. The greatest joys come when the child ascends to teenager status. These will be fond memories.

Cynical? Who - me?  Wink

Cooking isn't that bad. It can be fun, actually.
sr. member
Activity: 854
Merit: 307
Now we are in a thread where we can be a little off topic I thought I would mention I have come home from work and had a nice shower, put some clean clothes on and feel good.

My wife says ok, one has the kids and the other does dinner. Of course I opted for kids, I hate doing dinner. I then ask my 2 yr old to go into the living room and I then pick up my 1 month old baby boy.....


He then projectile vomits 3 times all over me. We are both totally covered and I mean absolutely drenched.

I had 2 options and I should have chosen dinner.

You had both choices at once... .
legendary
Activity: 1358
Merit: 1016
Now we are in a thread where we can be a little off topic I thought I would mention I have come home from work and had a nice shower, put some clean clothes on and feel good.

My wife says ok, one has the kids and the other does dinner. Of course I opted for kids, I hate doing dinner. I then ask my 2 yr old to go into the living room and I then pick up my 1 month old baby boy.....


He then projectile vomits 3 times all over me. We are both totally covered and I mean absolutely drenched.

I had 2 options and I should have chosen dinner.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Good morning Bitcoinland.

I see we had a nice little correction after yesterday's decent rise... currently $4165USD/$5195 (Bitcoinaverage). That's still up on the day.

AltCash is hanging in, also up a smidgen at $459USD/$572CAD (Coinmarketcap). Back in #3 ahead of Rip(off)ple.

Let's keep this uptrend smooth, steady and not too fast, but not too slow either.
legendary
Activity: 3122
Merit: 1538
yes
80 000 by the end of next year is not impossible [...]

I like people who predict BIG  Grin
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!

The last 10 floor to floor Bitcoin doublings since Nov 2012.

Average doubling time: 6 months
Shortest doubling time: 1 month ($20 to $40)
Longest doubling time: 18 months ($80 to $160)

The Mt Gox bubble is clearly disruptive to trend. Since recovery, doubling times have only accelerated. This kind of hyperbolic growth is typical of a technological singularity. Think color tv, mobile phones, or the Internet.

At this scale, it's really hard to see the recent hardfork or China FUD having much of an impact at all.

https://bitcointalksearch.org/topic/price-perspective-2203360



This feels very f'-ing fancy! Smiley .. Also.. I don't know if you know this.. But your chart predicts 10500$+ în 3-4 months. Cheesy Cheesy



Let's project! If we assume an average doubling rate of 6 months, then the price floor should remain above:

$5120: Jan 2018
$10,240: July 2018
$20,480: Jan 2019
$40,960: July 2019
$81,920: Jan 2020

We may touch $10,000 in 3 or 4 months as an ATH, but it may take another couple months to form a new floor. I wouldn't be surprised if doubling rates slowed down to maybe a year+ after $10,000, though. It's mind-boggling and eye-watering to conceive it's think its even possible. But this long-term doubling trend has so far survived all kinds of FUD, hacks, and Bitcoin obituaries and only appears to be gaining resilience as adoption increases.

Well the price has doubled every four months this year, so 10 000 seems like the next logical step.
And I see no reason why the rate of increase should slow down next year, If anything, the forces behind the rise will be even stronger next year. 80 000 by the end of next year is not impossible IMHO. There might very well be an even higher increase as well.
sr. member
Activity: 406
Merit: 551
I am a banana.

The last 10 floor to floor Bitcoin doublings since Nov 2012.

Average doubling time: 6 months
Shortest doubling time: 1 month ($20 to $40)
Longest doubling time: 18 months ($80 to $160)

The Mt Gox bubble is clearly disruptive to trend. Since recovery, doubling times have only accelerated. This kind of hyperbolic growth is typical of a technological singularity. Think color tv, mobile phones, or the Internet.

At this scale, it's really hard to see the recent hardfork or China FUD having much of an impact at all.

https://bitcointalksearch.org/topic/price-perspective-2203360



This feels very f'-ing fancy! Smiley .. Also.. I don't know if you know this.. But your chart predicts 10500$+ în 3-4 months. Cheesy Cheesy



Let's project! If we assume an average doubling rate of 6 months, then the price floor should remain above:

$5120: Jan 2018
$10,240: July 2018
$20,480: Jan 2019
$40,960: July 2019
$81,920: Jan 2020

We may touch $10,000 in 3 or 4 months as an ATH, but it may take another couple months to form a new floor. I wouldn't be surprised if doubling rates slowed down to maybe a year+ after $10,000, though. It's mind-boggling and eye-watering to conceive it's even possible. Shocked But this long-term doubling trend has so far survived all kinds of FUD, hacks, and Bitcoin obituaries and only appears to be gaining resilience as adoption increases.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Roll Eyes like BCH ... not new.

like Bitcoin Classic ...
like Bitcoin XT ...
like Bitcoin Unlimited ...

Bitcoin Millennial Edition? Bitcoin Vista?

 Cheesy



Bitcoin 3.1.






Because its true to Satoshi vision.

Bitcoin 97, with a built in Ctrl Alt Delete button.
legendary
Activity: 3780
Merit: 5429
Wall Street analyst unleashes on Jamie Dimon and everyone else calling bitcoin a fraud
http://www.businessinsider.com/bitcoin-price-bubble-tulips-2017-9

Quote from: Viktor Shvets, Macquarie's head of global and Asia-Pacific equity strategy
"If one describes Bitcoin as a fraud, how would one describe a ‘financial cloud’ that is at least 4x-5x larger than the underlying economies? It is unlikely that US$400 trillion+ of financial instruments circulating around the world would ever be repaid and most are now backed by assets that are already either worthless or are diminishing in value. How does one describe rates and the yield curve that are either directly determined by CBs (BoJ or PBoC) or heavily influenced by them (Fed or ECB)? People living in glass houses should not throw stones."

legendary
Activity: 1279
Merit: 1018
So whats caused all the spam in the mempool?- no prizes.

The spam outputs, generated by the first four waves of fan-out transactions, had been starting to move since autumn of 2015 — sort of. Whoever controlled these addresses had been broadcasting transactions to spend these outputs over the network. However, for a long time, miners did not include these “spam broadcasts” in their blocks; the transactions were ignored.

Up until the second half of 2016, that is. At a very specific point in time, a group of seven mining pools started to suddenly accept these spam broadcasts and include them in the blocks they mined: 1-Hash, Antpool, BitClub Network, BTC.com, HaoBTC, KanoCKPool and ViaBTC.

Full article - https://bitcoinmagazine.com/articles/curious-case-bitcoins-moby-dick-spam-and-miners-confirmed-it/
legendary
Activity: 1358
Merit: 1016
What's this bullshit about bitcoin investment trust throwing btc out the window and considering bcash?

Just skim read something on Reddit.



yeah where´s dat fud with no link?  Cheesy


https://www.reddit.com/r/BitcoinMarkets/comments/72xqde/comment/dnmalpm?st=J84ER4F6&sh=bf05a3d9


I'm not the fudster here guys. I haven't even clicked the link. I just partially read the comment and then saw a little dip. Don't gang up on me!!!
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
What's this bullshit about bitcoin investment trust throwing btc out the window and considering bcash?

Just skim read something on Reddit.



Wut??
legendary
Activity: 2338
Merit: 2106
What's this bullshit about bitcoin investment trust throwing btc out the window and considering bcash?

Just skim read something on Reddit.



yeah where´s dat fud with no link?  Cheesy
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