Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12616. (Read 26712937 times)

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
[edited out]

I had high hopes for the merit system at first. I really thought it could bring back some of the people that used to be here. Or at least the same type of people. Then as I was looking at the people asking for merit or at least trying to post decently I realized this forum is for non English speaking altcoiners now. I couldn’t give a shit about altcoins. I’ve essentially given up on this ever being a bitcoin forum again.

We should not be living in the past anyhow, right?  I mean the space is going to evolve with the passage of time and the introduction of new products that contribute to the dynamics of the space.

Of course, if bitcoin ends up being the sound money that the fat protocol theorists believe it to be, then of course, bitcoin is going to become the one dominant money. 

I am of the current opinion that even if the fat protocol thesis of bitcoin as the soundest of monies is true, it could take more than 50 years to work out such dynamics - and even in a better case scenario, we would not likely get to a real bitcoin as the winner of them all for at least 20 years, even if things really worked out for bitcoin in a near to perfect way.

In other words, in the short to medium term, we are going to continue to have shit coins, snake oil and scam projects, and certainly there is no shortage of dumb money that causes a 50 year scenario to be more reasonable than even anything close to 20 years.

So in the meantime, why would we be wishing for a forum that does not reflect the reality of the situation - which is an abundance of trolls, shills and dumb money pumpers.  I am not saying that they should not be criticized or called out on their bullshit, but none  of us can really wish them away because that just seems unrealistic - and perhaps "pie in the sky" to quote PoolMinor quoting me.    Cheesy Cheesy Cheesy
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
...
This thread is a wonderful nexus of sorts.

group hug
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
JJG doesn’t write posts. He sits and yells into a text to speech microphone. No one would ever type that much without being forced (like in school).

I write every single one of my posts.

One thing, so far, is that i have not been accused of plagerism... hahahahahahaha.. because almost every little word that I type flows through my fingertips.... believe it or not?

Hey QA... since I got you on the line.. I seem to recall that I was pissed off at you for a certain amount of time around December 2015 because you were bragging in the thread and proclaiming to sell a decently large stash of your BTC for christmas shopping.. something like that.. so I recall that presentation from you as being an irritating set of interactions and circumstances because it seemed to be a kind of rubbing in, and even encouraging BTC sales at an inopportune time.  Like gloating.   Tongue Tongue

 Am I remembering correctly or was that a different year or perhaps a different forum member?  Could have been 2014 or even 2016.. but for some reason I seem to recall the situation as 2015.

Jay, everything seems to irritate you, so I’m sure I irritated you. LOL

You are probably reading too much into the matter becuase I don't tend to hold grudges, especially with actual humans who can deal with relatively provocative engagements and differing opinions - that do not necessarily devolve into personal attacks.  I even tend to forgive those who engage in personal attacks, though I might reciprocate a bit before letting the matter go.

I did buy that boat I told you about.

O.k... so when was the boat? Was that December 2014?  December 2015?  December 2016?    or some other date?

That could have been the incident to which I am remembering.. because I seem to recall that there were a few folks (and you might have been one of them) who were gloating over their BTC profits, and really was not a good time to be selling BTC or encouraging others to sell.  It's almost like a kind of trolling - even though it might make some sense on a personal level.

Of course, if your cost basis for the BTC is really low, then you could still end up doing quite well on a personal level, even though the timing was not so great overall and even not really good timing for many others who might be considering what to do regarding their own BTC allocation(s)/investment.

It’s beautiful BTW. I took it out on Tahoe in August for a week. I looks like I’m gonna get back all my btc too if the current trend continues.

I have my doubts about how much anyone could really count on further downward BTC movement from here, but of course, the odds for downward BTC movement from here seems to be greater than it was a few weeks ago.. Yet, on the other hand, the level of our current BTC price correction, might also leave a BTC price situation that is just too oversold.. and there could end up being a decently sized upwards movement from here that causes the bottom to already be in... and no more down is really feasible.. even though it appears that down is coming?  It seems that we will see something in the coming week, especially with a decent amount of trade volume, it is usually more difficult for the price to stay in the same spot, but you never know.
legendary
Activity: 1806
Merit: 1828
Maybe xhomerx10 should start making avatars on Ramen packets instead of hats, with the recent dumping.  Cheesy
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
OK guys, a little advice. Now is the time for you americans to gift up to 15k worth of btc to family members for tax purposes before we go up again.

https://medium.com/altcoin-magazine/6-ways-to-avoid-capital-gains-tax-on-your-bitcoin-transactions-cdea03e17eb4?source=email-1e154d444ca3-1542733274163-digest.reader------0-49------------------d338a09a_bbdc_4a82_b815_fc3f6a926863-1§ionName=top

BTW looking at the charts were too gross, I'm off to hotub.

Try to recoup something on the poker tables today. :}

Yeah, was wondering about what would happen with the US tax situation during a downturn - could cause a further slide if we dont get a Dec bull market

$15k per relative is pretty good and they will only get taxed on the amount its worth when you transfer it so send it now and everything above is pure untaxable profit.

nevermind, don't waste your time making me a hat.

Looks like Capitulation to me. Smiley

I have already lost like 80% of my peak value at ATH. The remaining 20% I can wipe my ass with it. Good luck in prying my coins from my cold, dead hands.

General sentiment of any intelligent person I would think.

is RSI at historic low?  Cry

this should bounce soon or else..  Angry

Unfortunately when market is manipulated, TA is not the best in determining what to do next.
I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

Bwahaha. It doesn't happen that easily. We're going to keep grinding lower for months. There will be a few rallies to the upside, just to raise your spirits a little bit. Once you see a glimmer of hope, the Bogdanoffs will sell again and crush it. Rinse and repeat.

It will only end when our spirits have been utterly decimated, and our souls nearly destroyed. This thread will be nothing but tumbleweeds and r0ach posts. That's when you know we're starting to head back up. It will take a few months for anyone to even realize we're in recovery mode. We won't have time to read charts at that point anyway. We'll be too busy tying nooses and working overtime at McDonald's.

Then the bull returns and we get to do it all over again. Choo choo motherfuckers.

W0rd.


His choice of an image to post speaks volumes in support of what my post implied.  Roll Eyes Stupid kid just doesn't get it.

Sigh.

I noticed that as well. Lol

The biggest catalyst that'd make BTC price skyrocket higher is simply move all your BTC to your PERSONAL bitcoin wallet (move off of Coinbase, Binance, Bitfinex, Square, Robinhood, CBOE/CME futures).

Fractional reserve, BTC lending, rehypothication is a bitch and can perpetually create no floor for prices by establishment market manipulators.

Plus if history is any indication, one these avenues will blow up and wreck the "holders" of bitcoin that really wasn't there because they failed to take such advice.

Take it off the exchanges and see what happens.

Remove the fuckers ammo.

legendary
Activity: 2296
Merit: 2262
BTC or BUST
Too many pages..

I got my $3k number by extrapolating the ratio of the last ATH to the last ATL before the new ATH = the new post last ATH ATL = bout $3k ish mmkay..
1200-150 =about 20k-3k ish maybe 2.5k
1200/150=8  === 20k/8=2.5k


IDK about you but I don't have much soft feelers for the centralized mining cartel..
Doesn't hurt my feels 1 bit if they lose money for 6 months or so. Fuck them.

BTCBelievers will ensue the network continues. Price has little motivation on nodes and their will still be plenty of hash.
Then we will float undervalued until the next pump to..

20,000/1200 = X/20,000 = 333,333.333333 kek has spoken

hodl for 300k
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?

Dozens of tiny drivers? We used to think that Bose 801's made good PA too - back in the day.

(Truth be told, I've not heard the PJ's. But in my experience, plentiful bass requires surface area.)

dude, "there is no replacement...for displacement" used to be my mantra

I was agog when I heard that little thing, genuinely shocked.

i dunno, i prefer lots of 10" drivers in bass cabinets. faster response than 15"s because of the lower mass. gives more punch.

but cabinet design and driver specs makes a difference too, so it depends i guess.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
I had high hopes for the merit system at first. I really thought it could bring back some of the people that used to be here. Or at least the same type of people. Then as I was looking at the people asking for merit or at least trying to post decently I realized this forum is for non English speaking altcoiners now. I couldn’t give a shit about altcoins. I’ve essentially given up on this ever being a bitcoin forum again.

It's a shithole out there man.  A cesspool of sig campaigning google translate feces.

Stay in this thread.  It is the only reliably decent place on the forum.

I absolutely agree with you 100%.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
I had high hopes for the merit system at first. I really thought it could bring back some of the people that used to be here. Or at least the same type of people. Then as I was looking at the people asking for merit or at least trying to post decently I realized this forum is for non English speaking altcoiners now. I couldn’t give a shit about altcoins. I’ve essentially given up on this ever being a bitcoin forum again.

It's a shithole out there man.  A cesspool of sig campaigning google translate feces.

Stay in this thread.  It is the only reliably decent place on the forum.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
JJG doesn’t write posts. He sits and yells into a text to speech microphone. No one would ever type that much without being forced (like in school).

I write every single one of my posts.

One thing, so far, is that i have not been accused of plagerism... hahahahahahaha.. because almost every little word that I type flows through my fingertips.... believe it or not?

Hey QA... since I got you on the line.. I seem to recall that I was pissed off at you for a certain amount of time around December 2015 because you were bragging in the thread and proclaiming to sell a decently large stash of your BTC for christmas shopping.. something like that.. so I recall that presentation from you as being an irritating set of interactions and circumstances because it seemed to be a kind of rubbing in, and even encouraging BTC sales at an inopportune time.  Like gloating.   Tongue Tongue

 Am I remembering correctly or was that a different year or perhaps a different forum member?  Could have been 2014 or even 2016.. but for some reason I seem to recall the situation as 2015.

Woah!

So atleast it sounds like QA change his tune? I'm guessing?

This market is so painful btw.

No.  I think that he is largely the same... which means that it is likely that his account has not been SODLed nor compromised... hahahahaha

I can still read such variations of quasi-subdued gloating in his posts that leaks out of the post seams, every once in a while.. .. at least attempting to read the overall contents and tone...   

Nonetheless, I do have to say that I did appreciate some of his relatively recent efforts to screen bitcoin maximalists, and to send smerits to largely bitcoin maximalists rather than shit coin pumpers, but I think that he had given up on that angle as long as he could figure out other means of contribution.. I suppose that he could probably elaborate, if he were to conclude that such topic were worthy of any response from his highness.  hahahahahhaha

You may have a point - he didn't even give me smerit for the post which he 'agreed' being underrated

I don't know if I am making the same point as you, but I thought that if a forum member is going to publicize some smerit distribution plan, that it would be good for the member to set forth some criteria, and I actually appreciated that initially the criteria that QA set forth, at least initially, was mostly a kind of bitcoin maximalism preference.

On the other hand, even though I saw a lot of members set up threads in which they could set forth smerit distribution criteria (not referring specifically to QA), I did not really consider that setting up such smerit distribution threads to be a fair method to distribute smerit or extra smerits - because I would think that such a set up seems to encourage a kind of self-promotional merit begging.. at least that was something that I considered to be a problematic dynamic, yet surely such practice of setting up such smerit distribution threads was not considered against any forum rules and surely giving smerits has a lot of subjectivity, even for merit sources.

I guess part of the point that I am attempting to make is that the subjectivity aspect of smerit distribution might cause a considerable amount of variance, including just lucky or unlucky timing.

I had high hopes for the merit system at first. I really thought it could bring back some of the people that used to be here. Or at least the same type of people. Then as I was looking at the people asking for merit or at least trying to post decently I realized this forum is for non English speaking altcoiners now. I couldn’t give a shit about altcoins. I’ve essentially given up on this ever being a bitcoin forum again.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
gentlemand

you are a fucking freak dude

Au contraire. I'm an adorable fluffkin.


I'm not one to judge...fluffkin
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
The new poll is almost fucked already. This is like last November, just going in reverse.

I was living like a Saudi Prince back then after the bch fork. I was living the high life, now I’m eating pot noodle for my meal Cheesy

I never heard the term pot noodles. I suspect that you mean this:



I already eat Ramen daily for a snack. Now I'm going to have to have it for breakfast, lunch, and dinner. Hope I don't end up getting a stoke or heart attack. I'm doing my best not to look at the BTC price every minute since this will compound the risk.  Cry

watch your sodium intake buddy.

I doubt that the problem is the sodium, but instead the carbs and the bad oils (including preservatives) that end up being problematic for health considerations.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
gentlemand

you are a fucking freak dude

Au contraire. I'm an adorable fluffkin.

Bitmex users are getting a new and large notice warning off Americans. Is the casino about to lose a large number of degenerates?
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
JJG doesn’t write posts. He sits and yells into a text to speech microphone. No one would ever type that much without being forced (like in school).

I write every single one of my posts.

One thing, so far, is that i have not been accused of plagerism... hahahahahahaha.. because almost every little word that I type flows through my fingertips.... believe it or not?

Hey QA... since I got you on the line.. I seem to recall that I was pissed off at you for a certain amount of time around December 2015 because you were bragging in the thread and proclaiming to sell a decently large stash of your BTC for christmas shopping.. something like that.. so I recall that presentation from you as being an irritating set of interactions and circumstances because it seemed to be a kind of rubbing in, and even encouraging BTC sales at an inopportune time.  Like gloating.   Tongue Tongue

 Am I remembering correctly or was that a different year or perhaps a different forum member?  Could have been 2014 or even 2016.. but for some reason I seem to recall the situation as 2015.

Jay, everything seems to irritate you, so I’m sure I irritated you. LOL

I did buy that boat I told you about. It’s beautiful BTW. I took it out on Tahoe in August for a week. I looks like I’m gonna get back all my btc too if the current trend continues.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
JJG doesn’t write posts. He sits and yells into a text to speech microphone. No one would ever type that much without being forced (like in school).

I write every single one of my posts.

One thing, so far, is that i have not been accused of plagerism... hahahahahahaha.. because almost every little word that I type flows through my fingertips.... believe it or not?

Hey QA... since I got you on the line.. I seem to recall that I was pissed off at you for a certain amount of time around December 2015 because you were bragging in the thread and proclaiming to sell a decently large stash of your BTC for christmas shopping.. something like that.. so I recall that presentation from you as being an irritating set of interactions and circumstances because it seemed to be a kind of rubbing in, and even encouraging BTC sales at an inopportune time.  Like gloating.   Tongue Tongue

 Am I remembering correctly or was that a different year or perhaps a different forum member?  Could have been 2014 or even 2016.. but for some reason I seem to recall the situation as 2015.

Woah!

So atleast it sounds like QA change his tune? I'm guessing?

This market is so painful btw.

No.  I think that he is largely the same... which means that it is likely that his account has not been SODLed nor compromised... hahahahaha

I can still read such variations of quasi-subdued gloating in his posts that leaks out of the post seams, every once in a while.. .. at least attempting to read the overall contents and tone...  

Nonetheless, I do have to say that I did appreciate some of his relatively recent efforts to screen bitcoin maximalists, and to send smerits to largely bitcoin maximalists rather than shit coin pumpers, but I think that he had given up on that angle as long as he could figure out other means of contribution.. I suppose that he could probably elaborate, if he were to conclude that such topic were worthy of any response from his highness.  hahahahahhaha

You may have a point - he didn't even give me smerit for the post which he 'agreed' being underrated

I don't know if I am making the same point as you, but I thought that if a forum member is going to publicize some smerit distribution plan, that it would be good for the member to set forth some criteria, and I actually appreciated that initially the criteria that QA set forth, at least initially, was mostly a kind of bitcoin maximalism preference.

On the other hand, even though I saw a lot of members set up threads in which they could set forth smerit distribution criteria (not referring specifically to QA), I did not really consider that setting up such smerit distribution threads to be a fair method to distribute smerit or extra smerits - because I would think that such a set up seems to encourage a kind of self-promotional merit begging.. at least that was something that I considered to be a problematic dynamic, yet surely such practice of setting up such smerit distribution threads was not considered against any forum rules and surely giving smerits has a lot of subjectivity, even for merit sources.

I guess part of the point that I am attempting to make is that the subjectivity aspect of smerit distribution might cause a considerable amount of variance, including just lucky or unlucky timing, and in that regard, no one should really expect to receive any smerits, even from stellar posts. ...  but surely, it seems that there are decent odds that with the passage of time, substantive posters are going to tend towards receiving some smerits just by attempting to provide quality engagement.
legendary
Activity: 3388
Merit: 3514
born once atheist
gentlemand

you are a fucking freak dude

Too right...he needs a hat
legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.
The new poll is almost fucked already. This is like last November, just going in reverse.

I was living like a Saudi Prince back then after the bch fork. I was living the high life, now I’m eating pot noodle for my meal Cheesy

I never heard the term pot noodles. I suspect that you mean this:



I already eat Ramen daily for a snack. Now I'm going to have to have it for breakfast, lunch, and dinner. Hope I don't end up getting a stoke or heart attack. I'm doing my best not to look at the BTC price every minute since this will compound the risk.  Cry

watch your sodium intake buddy.
legendary
Activity: 1806
Merit: 1828
The new poll is almost fucked already. This is like last November, just going in reverse.

I was living like a Saudi Prince back then after the bch fork. I was living the high life, now I’m eating pot noodle for my meal Cheesy

I never heard the term pot noodles. I suspect that you mean this:



I already eat Ramen daily for a snack. Now I'm going to have to have it for breakfast, lunch, and dinner. Hope I don't end up getting a stoke or heart attack. I'm doing my best not to look at the BTC price every minute since this will compound the risk.  Cry
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Can someone point me to historical drawdowns table for BTC (ie 2013, 2015, including updates with Nov '18 action)??
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
gentlemand

you are a fucking freak dude
Jump to: