Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11633. (Read 26720764 times)

hero member
Activity: 658
Merit: 851
hero member
Activity: 1358
Merit: 834
legendary
Activity: 938
Merit: 2540
<>
I know we're supposed to be capitulating. True story bro! Caught a glimpse of the future.
 I met a mid 20's Bitcoiner/robotics engineer out in the wild today. Very interesting chat and I felt the bull stirring again. He believes machines will use a digital currency (likely bitcoin) in the not so distant future once they start to move among us.  Shocked
About a 5-10 year horizon.  

I am fully capitulated. Good thing I still have patience.

Bitcoin self-selects for people with:

* Low time preference
* Long attention span
* Commitment
* Authenticity
* Patience
* Persistence
* Ability to focus
* Ability to go against the mainstream

Bitcoin is a marathon, not a sprint.

https://twitter.com/misir_mahmudov/status/1093613352868343809

(I have it saved and I read it when I'm capitulated like you. Cool)


legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
He is right. We've Lightning now and 300kb blocks is something more than logical!

Please tell me you are joking; it's so hard to detect sarcasm Sad

In the interest of maintaining civility, and playing your scenario out, do you foresee 150kb/150kb == 300kb or 300kb/300kb == 600kb Blocks, accounting for SegWit data ?

No, I'm not joking! Chinese mining cartel is selling every bitcoin they mine to defend bcash price. Lowering blocksize is the ultimate argument of showing them what they do is futile. Plus, it will be a big incentive for Lightning adoption!


I support 300kb blocksize too. Segwit increased the effective blocksize and it's best if that is undone. It won't happen though, and in a way I'm happy that it's so hard to make large changes (even though this one would be positive).

Never sacrifice security for something pitiful like "low fees".

Huh? Segwit is not going to be undone.

You have to get consensus to undo segwit, and recall segwit passed by nearly unanimous consent. 

I doubt that sentiment has changed very much, in terms of undoing segwit. 

It seems that there remains a vast majority of support for segwit that you would have to overcome if you want to undo it... a simple majority would be inadequate.. bitcoin no work like dat...

Lol not undo segwit. But with segwit came an implicit blocksize increase as segwit transactions are discounted. By reducing thel blocksize to 300 kb that effective increase is undone and the previous situation restored.

Fair enough... but segwit is not only about scaling (even though segwit contributes to scaling, like you said).
hero member
Activity: 1358
Merit: 834
Is this a joke? You need to pay taxes when it rains in New Jersey?

Is it even allowed to catch rainwater for your own use?  Undecided

https://newyork.cbslocal.com/2019/02/04/rain-tax-likely-to-become-reality-in-new-jersey/#.XGHnBuf1tMg.twitter

overly shrill headlines

Stormwater management is, in fact, a thing.  It does cost actual money, here in the real world.
Insurances and more than 60% of income taxed aren't enough yet? Why?
legendary
Activity: 2310
Merit: 2119
A Bitcoiner chooses. A slave obeys.
Grin Grin Grin Grin Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe! Grin Grin



sr. member
Activity: 696
Merit: 439
This is interesting. Real estate, commodities, etc, markets cycles don't lengthen as they grow in market size.

Additional logic for Bitcoin's predictable cyclic behavior: as real estate evolved to be a SoV, its cadence continued to be a solid 18.3 years ever since the late 1700s. RE speculators know this. All trad. assets have a average time cadence regardless of its life cycle.


https://twitter.com/aarontaycc/status/1095245426368770049
legendary
Activity: 938
Merit: 2540
<>
Craig Wright Gets Caught Lying About Being Satoshi Nakamoto (Not The First Time)

Fortunately, most people within the crypto space are familiar enough with the major players to know about who really is Craig Wright.

https://cryptopotato.com/craig-wright-gets-caught-lying-about-being-satoshi-nakamoto-not-the-first-time/
legendary
Activity: 2324
Merit: 1125

Mostly speculative equity investing.

"The fund will also hold a small percentage of its value in liquid cryptocurrencies, such as Bitcoin"

A small percentage of $40M is nothing.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
legendary
Activity: 3388
Merit: 3514
born once atheist
Grin Grin Grin Grin Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe! Grin Grin
[/url]

I think that guy was only trolling; why would he keep the camera focus on the words instead of the Ledger device? Roll Eyes
Probably wanted to see how long it would take for the all of 10 satoshis in the ledger to get drained.....
legendary
Activity: 3620
Merit: 4813
legendary
Activity: 938
Merit: 2540
<>
It does not matter much, but:

13 Feb — Cboe XBT Bitcoin Futures Expiration Date

http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures
What is this all about? An exchange? Excuse my ignorance by the way.

CME Group, launch Bitcoin futures on Sunday, December 17, 2017.

Globally, CME Group Averaged 17.8 Million Contracts Per Day in January 2019.
When compared to the rest of the contracts traded on the exchange operator worldwide, Bitcoin futures are insignificant, weighing "only 0.03%" of all trading at CME Group.

They say that its volume does not affect the price of Bitcoin, but there is usually volatility before closing. Wink
legendary
Activity: 3620
Merit: 4813
legendary
Activity: 1652
Merit: 4393
Be a bank
fluffypony is now officially wasting away
https://youtu.be/1senB4AhDYo
The Magical Crypto Friends Show Episode 16: Putting the Fun in Fungibility


legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Grin Grin Grin Grin Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe! Grin Grin


100% sure and image free nevermind, I just made it up LOL
sr. member
Activity: 728
Merit: 317
Crypto Casino & Sportsbook
 Grin Grin Grin Grin Just saw on the Internet. The guy bought a ledger. He is now sure that his coins are completely safe! Grin Grin

legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
I know we're supposed to be capitulating. True story bro! Caught a glimpse of the future.
 I met a mid 20's Bitcoiner/robotics engineer out in the wild today. Very interesting chat and I felt the bull stirring again. He believes machines will use a digital currency (likely bitcoin) in the not so distant future once they start to move among us.  Shocked
About a 5-10 year horizon.  

I am fully capitulated. Good thing I still have patience.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
CZ and Justin Sun on their way to pump their own coins



https://twitter.com/Bitccolo/status/1095081037149949952

"Hey - what are you looking at?!"

"Ummm... noooooththiiiiing..."
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
but what will you do, when we hit 15K-ish zone again? I am just curious (this may be kinda of a new poll), if you have any strategy? Hodl all, sell 1/3, sell 1/2, sell all, or other.

The baseline doesn't change. Sell X coins every Y increase in price, buy X coins every Y decrease in price. When the bankroll starts getting small, change the buys to X-epsilon.

Of course, this can be modified by bulk sells to fund interesting things. I'm likely to sell a couple percent when it gets to $25k or $50k or somesuch.

But mostly hodl. Always be hodling. You don't want to feel like a chump when it 10x's from your exit point, and you ain't got nothing but a semi-big pile of stinky fiat.
Jump to: