Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11871. (Read 26709609 times)

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Last year I was a millionaire (in dollars).

means that you had (or perhaps have?) more than 53 (in bitcoins)



hahaha, I like how you always like to make people recognise how many BTC they do have. As a penalty I will say my educated guess is that you have, with a high degree of certainty, an amount between 40 and 150 BTC. And, if I had to guess the exact amount, I would say around 60 right now... including alt/shitcoins and trading fiat.

Of course this is all just my own speculation with absolutely no factual resemblance to reality.

P.S.: I have less than that... and that is a FACT.

Hey... These are not baaaaad discussion points, right?  

Take with a grain of salt, any representations regarding amount of bitcoin that you believe wo participants have, including yours truly, and surely if a member makes some kind of assertion such as: " I used to be a millionaire, but now I am not" then there is a certain amount of personal disclosure that has already taken place with that post.  So, in that regard, the person has either wittingly or not opened him/her/itself up for further scrutiny (or elaboration on such topic).

I used to be a bit more revealing in some of my personal bitcoin/altcoin and fiat holding/accumulation details, but I think that I have become a bit better at more obscurity - even though from time to time, I do conclude that some personal disclosure(s) is(are) necessary in order to make certain points in an "at stake" way, rather than pure pie in the sky speculation.  

To the extent that it matters to points raised in this line of thought, I will neither confirm nor deny whether you are in the ballpark regarding my "exact amount,"  but I still don't mind such discussion.  Remember towards the end of 2017 and through a decent portion of 2018, there were a lot of posters speculating on how they were going to spend their free-time in the upcoming years and whether a Lambo was going to be part of their future.  Surely, some of those discussions have become less prevalent, but I still believe that the price performance of bitcoin in late 2017 allowed me to have some more freedom in making certain financial decisions and even expedited some of my push towards closing down my business - which took place at the end of 2018 - even though I have some ongoing wrapping up that I am still doing  - progress is being made - which includes more location independence for me, as scary (and seemingly slow progress) as that can be sometimes.


Last year I was a millionaire (in dollars).

means that you had (or perhaps have?) more than 53 (in bitcoins)



hahaha, I like how you always like to make people recognise how many BTC they do have. As a penalty I will say my educated guess is that you have, with a high degree of certainty, an amount between 40 and 150 BTC. And, if I had to guess the exact amount, I would say around 60 right now... including alt/shitcoins and trading fiat.

Of course this is all just my own speculation with absolutely no factual resemblance to reality.

P.S.: I have less than that... and that is a FACT.

thats a guess on who of those 2?
Roll Eyes

On JJG of course, because he is always trying to make other people say it Smiley


Again... I might be perfectly wrong. If I *really* knew it, I would say NOTHING.

I would take issue with the characterization:  "he is always trying to make other people say it."   If I fish through my memories, it seems that I am merely following through with a topic that has already been opened by the poster, and frequently, personal holdings, strategies
 and balancing of various competing interests remains an interesting topic for me.  Therefore, if some WO poster mentions a topic of interest, then I don't mind exploring such topic further; especially, if I believe such poster is making genuine representations.  On the other hand, sometimes posters might be making shit up, and a few probing questions will reveal that they are not really dealing with actual personal considerations, and instead trolling us. 
legendary
Activity: 3122
Merit: 1538
yes
got the poll very wrong Roll Eyes


I was too optimistic as well. But not too optimistic. Basically, it's a sideways affair now. Probably for a longer time than we wish  Roll Eyes
legendary
Activity: 2842
Merit: 1511
Did you account for air drag, or did you only consider gravitational acceleration?

I took an average pebble out my garden. It weighs 10 grams and has a mean diameter of about 20 mm. If we assume it were perfectly spherical with a drag coefficient of 0.47, travelling through air with standard density of 1.225 kg/m^3, and plug the figures into the formula for terminal velocity we get: sqrt((2*0.01*9.81)/(1.225*(3.14*0.01^2)*0.47)) = 33 m/s or 119 km/h. If we pipe that into E = 1/2*m*v^2 for energy, we get ~5.5 J or ~4 ft-lb.

Or in other words, I need Bitcoin to do something exciting.
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
red is getting MOAR red@ the moment Roll Eyes
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
got the poll very wrong Roll Eyes




^
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Im nowhere on the centralised trustles default pseudo trustlist (2nd layer)

my name is mud Sad




Yeah... It's funny.  Not possible for me to care less about it.  I doubt I have any rating at all?  But I have not even looked.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
ETH fork delayed due to a security flaw found by an external team - links abound

ETH carnage from 'topia ...coins moving Smiley gogogoooo
legendary
Activity: 1652
Merit: 4393
Be a bank
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
Unless you secretly think the shitcoins du jour have any purpose for existing or real world value, in which, I'd be glad to debate that with you.

Every single craptocurrency is the same Torque.  Stop pretending there's a difference between any of them.  They're ALL designed to centralize garbage.  The only thing Bitcoin should be evaluated on is:  DOES PoW do anything useful at all?  The answer is NO.  It fails miserably.  And every PoW alternative is even worse.  If the consensus mechanism is a complete failure and centralized immediately after release, what's left over?  Nothing.  Just a linked list.
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Im nowhere on the centralised trustles default pseudo trustlist (2nd layer)

my name is mud Sad




I don't know how it exactly works, but I have you in my white trustbox if that is worth anything Roll Eyes

yeah, the whole "trust" thing seems very opaque to me

I did add FlensGold to my white box as he is the one member that ever had the opportunity to steal from me and didn't.

when someone has a clear chance of stealing, and does not steal.... yeah that earns trust
 

Credit where it is due but... except people behaviour may change depending on the circumstances. Never forget that.

Never trust anyone that have nothing to lose and much to gain by cheating you.

Don't trust, verify.

P.S.: Also, the fact that someone is trustable doesn't mean his criteria about other people trust may be correct. In fact it is usually the contrary.

Sometimes there can be a longcon going on, too (which might be your reference, bitserve?), and in that regard, there would be several small opportunities to steal that are not realized, but result in a BIG stealing event that comes later on down the line.  It seems that there have been quite a few longcon examples that have taken place in bitcoin, bitcointalk and crypto... which boils down to guys (and perhaps gal?) building up confidence over time, and then later running off with the funds in an exit scam.
legendary
Activity: 3794
Merit: 5474
So I guess people believe that as long as a crypto is secure, scales, has a good wallet, can run a node, and runs on good hardware, then....

....it really doesn't NEED TO HAVE ANY PURPOSE FOR EXISTING BEYOND THOSE THINGS TO BE A SUCCESS??

Are you guys for real? Those are all just technical details, that can be easily cloned and replicated with the click of a mouse.

I don't understand why you, Torque, have this tendency to describe some general point of view, and than attribute such point of view to "you guys."  

Is this just an ongoing figure of speech of yours, or are you always engaging in such generalization fallacies in your way of thinking about matters?  

As if you are the only person that has any original perspective, and all other thoughts fall into a glob of "you guys think?"   Or a Straw man, way of presentation?

They know who they are JJG. Obviously not you. Unless you secretly think the shitcoins du jour have any purpose for existing or real world value, in which, I'd be glad to debate that with you.


ETH's "valid use case" today is it's facilitation of scams (including ICOs), so whether we like it or not, ETH has a "valid" (even though scam dependent) "today use case," no?

Sorry but no. To facilitate scams is not a value-add purpose for existing. That's total bullshit.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Some events, Bitcoin, Blockchain and Crypto.

Code:
Event							Location		    Date	    	Country

CES Las Vegas Las Vegas Jan 08, 2019 US
Blockchain Connect San Francisco Jan 11, 2019 US
UNLOCK Blockchain Dubai Jan 15, 2019 Arab Emirates
North American Bitcoin Conference Miami Jan 16, 2019 Arab Emirates
Binance Blockchain Week Singapore Jan 19, 2019 Singapur
Bitcoin: 10 Years (2009 - 2019) Bitcoin City Arnhem Jan 20, 2019 Netherlands
2nd Annual CHAINERS Blockchain Week Seoul Jan 23, 2019 South Korea
Crypto Pro Expo San Francisco Jan 29, 2019 US
Japan Blockchain Conference Yokohama Jan 30, 2019 Japan
Blockchain & Automated IT for Government Summit Arlington Jan 31, 2019 US
Wall Street Blockchain Summit New York Jan 31, 2019 US

Advancing Bitcoin London Feb 07, 2019 United Kingdom
Blockchain in Oil and Gas Canada Calgary Feb 12, 2019 Canada
Blockchain Economy Istanbul Summit Istanbul Feb 20, 2019 Turkey

Fintech Week Tel Aviv Tel Aviv Mar 04, 2019 Israel
DC Blockchain Summit Washington, DC Mar 06, 2019 US
Cryptocurrency World Expo Zug, Summit Switzerland Mar 08, 2019 Switzerland
Asia Crypto Week Hong Kong Mar 11, 2019 China
Shared Services & Outsourcing Week Orlando Mar 11, 2019 US
Blockchain Technology World London Mar 12, 2019 United Kingdom
TOKEN2049 Hong Kong Mar 13, 2019 China
Money20/20 Asia Singapore Singapore Mar 19, 2019 Singapur
Mallorca Blockchain Days Mallorca Mar 22, 2019 Spain

Blockchain Summit Austria Vienna Apr 02, 2019 Austria
CryptoBlockCon, Los Angeles Los Angeles Apr 03, 2019 US
LendIt Fintech USA San Francisco Apr 08, 2019 US
Seamless Middle East Dubai Apr 10, 2019 Arab Emirates
Stockholm Blockchain Forum Stockholm Apr 11, 2019 Sweden
Paris Blockchain Week Paris Apr 16, 2019 France
Blockchain Life Asia Singapore Apr 23, 2019 Singapore
Blockchain Expo Global London Apr 25, 2019 United Kingdom
European Payment Summit The Hague Apr 26, 2019 Netherlands

Malta Blockchain Summit Malta May 23, 2019 Malta

Token Fest - The Business of Blockchain Tel Aviv Jun 03, 2019 Israel
CoinsBank Blockchain Cruise Barcelona Jun 09, 2019 Spain
UNCHAIN, Berlin Germany Jun 13, 2019 Germany
Blockchain Expo Europe Amsterdam Jun 19, 2019 Netherlands

Did you compile this list yourself?  What were your sources?
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
I guess the point I was trying to make is it's probably not a good idea. I was trained to always to shoot at something, be it a practice target, the ground, a tree or the enemy. Not wildly into the air. ymmv.


Oh yeah, I totally agree. My father used to shoot .22 cal bullets straight up in the air in the middle of the fucking city when we were testing some homemade silencers I used to make (not anymore, I am a totally law abiding citizen and have always been since I was 18+) and I remember I was very uncomfortable and upset with him for that because I speculated about the possibility of someone being hit by the falling bullets even if miles away. He never even considered my opinion and now I think he was probably right... At least now that I can get my calculations right. Still I think it was wrong and a perfectly avoidable risk no matter what.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
So I guess people believe that as long as a crypto is secure, scales, has a good wallet, can run a node, and runs on good hardware, then....

....it really doesn't NEED TO HAVE ANY PURPOSE FOR EXISTING BEYOND THOSE THINGS TO BE A SUCCESS??

Are you guys for real? Those are all just technical details, that can be easily cloned and replicated with the click of a mouse.

I don't understand why you, Torque, have this tendency to describe some general point of view, and than attribute such point of view to "you guys." 

Is this just an ongoing figure of speech of yours, or are you always engaging in such generalization fallacies in your way of thinking about matters? 

As if you are the only person that has any original perspective, and all other thoughts fall into a glob of "you guys think?"   Or a Straw man, way of presentation?
legendary
Activity: 1834
Merit: 4197
I guess the point I was trying to make is it's probably not a good idea. I was trained to always to shoot at something, be it a practice target, the ground, a tree or the enemy. Not wildly into the air. ymmv.

--------
Bitcoin

Some short fibs as consolidation continues.
30m


Do to recent unforeseen circumstances we have several new positions open in our knife catcher department. Applicant's are encouraged to apply below...

A small dip perhaps followed by a weekend recovery? #dyor
3h

#stronghands'19

--

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
I'm a little bit ashamed at myself at how horrible I am at prognosticating anything crypto-related, but the current issues with ETH, overall, has led me the seriously ponder; "Is ETH truly and honestly dead, and it just doesn't know it yet ?"

I can't see how it survives 2019 without plunging to at least half it's current valuation.

It almost feels like all the individual elements that have plagued ETH over the last couple years, have recently come together, and left it teetering on the edge of being declared a failed project.

The fact that it's nigh-impossible for the average joe to run a full, modern ETH node is a catastrophic oversight in retrospect.

Nah.

I'd say ETH is BTC-like right now.

BTC can't die because that's the entry gate to any crypto related project. For BTC to die it means all altcoins must die first.

ETH can't die because it's the baseground of all the shitcoin ICO projects. And there is too much potential (appart from all the stormshit) for it to die.

You have few coins that have any use, BTC and ETH are some of them.


I understand what you are saying, here, yet I still have conceptual difficulties with your placing BTC and ETH on similar grounds.

Sure, there is an on-boarding utility aspect to each coin, yet BTC is sound money, and as you acknowledge, ETH is a platform used to pump scams.

We can acknowledge these on-boarding similarity dynamics of both coins, and especially considering the sound money differentiation of bitcoin, and recognize that it could take 20 years or more for the various ICO scams to play out and for the sound money differentiation to magnetize the vast majority of value into BTC.

I'm a little bit ashamed at myself at how horrible I am at prognosticating anything crypto-related, but the current issues with ETH, overall, has led me the seriously ponder; "Is ETH truly and honestly dead, and it just doesn't know it yet ?"

I can't see how it survives 2019 without plunging to at least half it's current valuation.

It almost feels like all the individual elements that have plagued ETH over the last couple years, have recently come together, and left it teetering on the edge of being declared a failed project.

The fact that it's nigh-impossible for the average joe to run a full, modern ETH node is a catastrophic oversight in retrospect.

Bitcoin has a valid use cases TODAY, thus value and incentive to hold it and use it TODAY.

ETH has ??

Nothing but future promises on supposed future use cases for solutions for problems that don't really exist (because idealized, ivory tower bullshit, not reality), therefore no incentive to hold it or use it TODAY nor in the FUTURE. It's valuation at any time has zero to do with its utility, which is really nil.

ETH's "valid use case" today is it's facilitation of scams (including ICOs), so whether we like it or not, ETH has a "valid" (even though scam dependent) "today use case," no?
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