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.All Credit to ChartBuddy
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1320. (Read 26729097 times)
January 30, 2024, 02:32:49 AM
January 30, 2024, 02:04:11 AM
Fuck Grayscale and the horse it rode in on.
Get your own BTC, hold your own keys and fuck these leaching morons.
Yeah, that's the right thing to do, I never trust the ETF thing and would never ever want those but the newbies who don't understand that how Bitcoin works and how to make their own personal wallets. Get your own BTC, hold your own keys and fuck these leaching morons.
Ah, those people also get scared when they hear stories that how some centralized exchanges can get hacked. Those guys will trust GrayScale and other ETF providers. Who will tell them that by holding ETF they aren't holding Bitcoin themselves? I guess no one.
I fell the market has worsened due to ETFs. Although the price has increased slightly. But we would certainly have been able to see better regarding the upcoming Halving. ETF users are fiat lovers. It is not possible to estimate the value of Bitcoin by them.
January 30, 2024, 02:01:18 AM
January 30, 2024, 01:01:19 AM
January 30, 2024, 12:42:30 AM
I suspect that there are likely going to be a lot of guys who might have decently good intentions to pass on their coins, but they do not get around to putting a decently good plan in place in order to communicate the location of (and also the ways to access) all of their coins.. so maybe they leave instructions for some, but not for others... In the coming years, the access (keys) to more and more coins are going to be lost...and thus donated to the whole of the then bitcoin holders by default.
I read the whole post. And exactly that is my point of view there should be anyone whome your coins to be passed.
If there is Bitcoin so h/s must has the knowledge about Bitcoin, to whome these coins will be given. The owner should focus on the education of heir. Should be preplanned that how h/s can access the private keys. If h/s has the knowledge so h/s will focus on holding.
January 30, 2024, 12:15:51 AM
"We've done promissory notes for your means of exchange, promissory notes for your gold and now we have promissory notes for your Bitcoin."
Is that a good thing? or not?
Is there anything that can be done about it?
People (and institutions) coming to bitcoin, whether we like it, want it or not, no?
Bitcoin is for everyone, right? Even if we don't like some of them.
We should not necessarily presume that people are going to necessarily want to pass down their wealth, even though they might not mind having extra wealth at the time of their death because no one can really know how long that they are going to live and a lot of folks fear outliving their wealth... so there can be quite a few comforts that come from being able to at least not being extremely worried about money in your old age... sure maybe there are going to be some discomforts with greater than expected needs for budgeting, but the restrictions in the amount spent might not end up being overly taxing on the person's comfort if they might have already accounted for the possibility that they would not be earning income from work after a certain point in their lives.
It's true that nobody knows how long they will live and some people worry about running out of money, but we should also think about the good things that can come from passing down money to our children and grandchildren. Now you are trying to moralize, and not everyone believes it is a good idea to pass too much money onto children/grandchildren merely because they are blood relatives... but sure it is possible to train them into some kind of responsibility so that they do good rather than just engage in sloth or consume the hookers, lambo and blow that you should have consumed while living.
Some people have the nature they keep the money safe and never give to anyone until they die.
With bitcoin it might not be the same problem, especially if we just might die with our coins then it is like giving to all then HODLers.
Let suppose a person have invested in Bitcoin and h/s suddenly gets die and no one knows about his/her investing. So where these will be gone?
If the coins are truely not recoverable, then in bitcoin it increases the value of the remaining coins.
In conclusion an old person who has the money so h/s should give money to their childrens who know better where to invest.
You are moralizing.. .. sure if that is what he wants to do, then surely it is best to carry out his intent, but if he does not want to give to his children, then that is a possible choice too...
There could be some situations in which a person is being irresponsible by not taking care of his family, yet I would not presume that to be the case without further facts.
It's normal to worry about running out of money as we get older. But we shouldn't ignore the good things that can come from giving money to our family. It can make us feel safe, leave a lasting memory of us, and help us when unexpected things happen. So, it's reasonable and smart to think about passing down our money.
Some people might agree with you, but it is not automatically that people will think about their family or their obligations the same as you are thinking... and bitcoin might allow them to choose to withhold their coins from being passed down or maybe they choose to send them to some non-family member or have some kind of a time lock on their coins.
uthor=philipma1957 link=topic=178336.msg63582473#msg63582473 date=1706588179]
I have no one to give my money to. I likely will give it to two children that were adopted iby my wife’s first cousin. They could use a nice surprise one day.
You have your own mind. If you have planned to give to anyone so that's great.I have no one to give my money to. I likely will give it to two children that were adopted iby my wife’s first cousin. They could use a nice surprise one day.
[/quote]
I suspect that there are likely going to be a lot of guys who might have decently good intentions to pass on their coins, but they do not get around to putting a decently good plan in place in order to communicate the location of (and also the ways to access) all of their coins.. so maybe they leave instructions for some, but not for others... In the coming years, the access (keys) to more and more coins are going to be lost...and thus donated to the whole of the then bitcoin holders by default.
January 30, 2024, 12:03:23 AM
January 29, 2024, 11:28:39 PM
please stop the merit fishing my kids are dead and my grandchildren were never born.
So this is merit fishing. Wow!Thanks for blaming.
I mostly check (Show the unread posts since last visit.) I found the topic where I am expressing words so it is called merit fishing. So thanks for telling.
By the way I am feeling for you loss.
I have no one to give my money to. I likely will give it to two children that were adopted iby my wife’s first cousin. They could use a nice surprise one day.
You have your own mind. If you have planned to give to anyone so that's great.
January 29, 2024, 11:16:19 PM
We should not necessarily presume that people are going to necessarily want to pass down their wealth, even though they might not mind having extra wealth at the time of their death because no one can really know how long that they are going to live and a lot of folks fear outliving their wealth... so there can be quite a few comforts that come from being able to at least not being extremely worried about money in your old age... sure maybe there are going to be some discomforts with greater than expected needs for budgeting, but the restrictions in the amount spent might not end up being overly taxing on the person's comfort if they might have already accounted for the possibility that they would not be earning income from work after a certain point in their lives.
It's true that nobody knows how long they will live and some people worry about running out of money, but we should also think about the good things that can come from passing down money to our children and grandchildren. Some people have the nature they keep the money safe and never give to anyone until they die.
Let suppose a person have invested in Bitcoin and h/s suddenly gets die and no one knows about his/her investing. So where these will be gone?
In conclusion an old person who has the money so h/s should give money to their childrens who know better where to invest.
It's normal to worry about running out of money as we get older. But we shouldn't ignore the good things that can come from giving money to our family. It can make us feel safe, leave a lasting memory of us, and help us when unexpected things happen. So, it's reasonable and smart to think about passing down our money.
please stop the merit fishing my kids are dead and my grandchildren were never born.
I have no one to give my money to. I likely will give it to two children that were adopted iby my wife’s first cousin. They could use a nice surprise one day.
January 29, 2024, 11:13:22 PM
fuck buddy is on a roll and you two fuckers interrupt it.
We are looking for forty four k by Tuesday.
We are looking for forty four k by Tuesday.
well they broke the roll. but maybe just maybe godzilla gets buddy back on track.
January 29, 2024, 11:11:43 PM
We should not necessarily presume that people are going to necessarily want to pass down their wealth, even though they might not mind having extra wealth at the time of their death because no one can really know how long that they are going to live and a lot of folks fear outliving their wealth... so there can be quite a few comforts that come from being able to at least not being extremely worried about money in your old age... sure maybe there are going to be some discomforts with greater than expected needs for budgeting, but the restrictions in the amount spent might not end up being overly taxing on the person's comfort if they might have already accounted for the possibility that they would not be earning income from work after a certain point in their lives.
It's true that nobody knows how long they will live and some people worry about running out of money, but we should also think about the good things that can come from passing down money to our children and grandchildren. Some people have the nature they keep the money safe and never give to anyone until they die.
Let suppose a person have invested in Bitcoin and h/s suddenly gets die and no one knows about his/her investing. So where these will be gone?
In conclusion an old person who has the money so h/s should give money to their childrens who know better where to invest.
It's normal to worry about running out of money as we get older. But we shouldn't ignore the good things that can come from giving money to our family. It can make us feel safe, leave a lasting memory of us, and help us when unexpected things happen. So, it's reasonable and smart to think about passing down our money.
January 29, 2024, 11:07:02 PM
If you guys haven't read this Hal Finney interview from 2006 it's a great read.
https://www.ataricompendium.com/archives/interviews/hal_finney/interview_hal_finney.html
That article is the one piece of evidence that solidifies Hal is Satoshi (to me!)
Invents PoW, PGP ,1st person to receive BTC.
Hist first job was writing cash register software FFS.
Then I really really started thinking into that article.
Hal said his favorite thing to do on his free time was coding in 2006. The remailers,PGP and PoW have already been made.
What's left ?
BTC
A video of Hal in 98' talking about ZeroKnowlege Proofs
https://twitter.com/i/status/1704535500055527831
Almost 10 years later ~$400 to 40k.
(This is my opinion, for argument sake I accept that Hal may not be Satoshi, But he is to me.)
https://www.ataricompendium.com/archives/interviews/hal_finney/interview_hal_finney.html
That article is the one piece of evidence that solidifies Hal is Satoshi (to me!)
Invents PoW, PGP ,1st person to receive BTC.
Hist first job was writing cash register software FFS.
Then I really really started thinking into that article.
Hal said his favorite thing to do on his free time was coding in 2006. The remailers,PGP and PoW have already been made.
What's left ?
BTC
A video of Hal in 98' talking about ZeroKnowlege Proofs
https://twitter.com/i/status/1704535500055527831
Almost 10 years later ~$400 to 40k.
(This is my opinion, for argument sake I accept that Hal may not be Satoshi, But he is to me.)
January 29, 2024, 11:01:16 PM
January 29, 2024, 10:42:16 PM
"We've done promissory notes for your means of exchange, promissory notes for your gold and now we have promissory notes for your Bitcoin."
January 29, 2024, 10:14:20 PM
fuck buddy is on a roll and you two fuckers interrupt it.
We are looking for forty four k by Tuesday.
We are looking for forty four k by Tuesday.
January 29, 2024, 10:01:21 PM
January 29, 2024, 09:55:55 PM
fuck buddy is on a roll and you two fuckers interrupt it.
We are looking for forty four k by Tuesday.
We are looking for forty four k by Tuesday.
January 29, 2024, 09:27:06 PM
Chart 1 shows the back-test of the Redneck Fourier indicator for cycle tops.
The log of bitcoin's daily closing price appears in blue, indexed by block height on the horizontal axis. Major grids mark the halvings, which occur every 210,000 blocks. Minor grids on quarter cycle, or about one year. Following the Redneck Fourier indicator, negative zero crossings indicate tops in bitcoin's halving price cycle. The idea in this chart is, wait for the negative zero crossing then sell or go short. But the RF can also be used to forecast.
Choose a rate of increase and draw a straight line, like this
The Redneck shows about when and where the market top is likely to occur, under conditions where bitcoin's price appreciates on that slope. Mark that point where the yellow and blue lines intersect on the graph. Repeat the exercise for different slopes and join the points in a line. Redneck thinks the price is going to bounce off that ceiling.
I performed a back-test of the prognostication function at block 630,000, plugging bitcoin's price history up to that point (dark blue) into the Redneck. The black line shows the Redneck's predicted ceiling. Pale blue shows what actually happened.
I ran the test again at block 650,000
Too complicated and to many lines... Just BUY and HODL!
January 29, 2024, 09:16:55 PM
Chart 1 shows the back-test of the Redneck Fourier indicator for cycle tops.
The log of bitcoin's daily closing price appears in blue, indexed by block height on the horizontal axis. Major grids mark the halvings, which occur every 210,000 blocks. Minor grids on quarter cycle, or about one year. Following the Redneck Fourier indicator, negative zero crossings indicate tops in bitcoin's halving price cycle. The idea in this chart is, wait for the negative zero crossing then sell or go short. But the RF can also be used to forecast.
Choose a rate of increase and draw a straight line, like this
The Redneck shows about when and where the market top is likely to occur, under conditions where bitcoin's price appreciates on that slope. Mark that point where the yellow and blue lines intersect on the graph. Repeat the exercise for different slopes and join the points in a line. Redneck thinks the price is going to bounce off that ceiling.
I performed a back-test of the prognostication function at block 630,000, plugging bitcoin's price history up to that point (dark blue) into the Redneck. The black line shows the Redneck's predicted ceiling. Pale blue shows what actually happened.
I ran the test again at block 650,000
January 29, 2024, 09:01:15 PM
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