Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14583. (Read 26609195 times)

  Oh yeah.  Eggnog and bacon make everything seem good.

Is the name a reference to the Mathematician?

Goodmoring all! Who would like a beautiful big cup of crushed bull soul on ice?

I was refering to how roach seems to have a fetish for silver. I'm not sure if it would be possible to really scam people with fake gold today, people who are in the business of buying gold surely know how to check for authenticity... one would hope.

On another note, cereals doused in eggnog work surprisingly well.

In terms of security, Dbrain prevents dataset leaks to third parties through the use of the Protocol for Indirect Controlled Access to Repository Data (PICARD). Dbrain says PICARD also gives data scientists the ability to “train AI models using the datasets without downloading them, and sell AI solutions to business clients later”.

  after new year and celebrating/traveling in whole asia  ..do you think they will have money to feed crypto price..?   to buy

 Hard to fool people if you're using silver.  It has merely half the density of gold so it would be much better to use tungsten which has  a similar density to gold at a much lower price than silver to maximize the profit on the scam.
  

I forgot all about Chinese New Year. The price was languishing below $1000 before last Chinese New Year, then broke above it afterwards. If the pattern repeats this year it might break above $9000 or $10000 in the New Year.

Subsidizing miners with block rewards only makes it more difficult to perform a doublespend or a denial of service attack by producing empty blocks. It doesn't really motivate people to use the chain. Normal users are ignorant of how bitcoin works under the hood. They don't care about this stuff. They would only care if someone did successfully doublespend or DOS the block chain. So as long as transaction fees are sufficient to incentivize miners to collectively produce enough hashing power to prevent this than there is no reason to expect the drop off in block rewards to negatively effect bitcoin in any way.

I think it is you who does not understand how bitcoin works.

Dark Web Goliaths Are Turning Litecoin into the Next Bitcoin
https://wccftech.com/dark-web-litecoin-next-bitcoin/

Also mainstream MSM  spredaing  jeeeez ..  but there is piece of true

BUT there is true : future mega computing power  can broke all cryptos..all paswords, replace nad crack  your personal Bio paswords-based on dna,or other body parts ..  what will in coming in future...
And all this will create "Great" chaos.. now we see just start  voilatile up down crypto price.. or fall in wall street last months..but it is just begining in world of "no trust"
And all this things need precious metalls to create... and gold or other metalls witch CAN NOT by "copy-paste" with some quantum computers in mega clusters.. becouse plebs need some to trust.. and its not crypto    real power can crack all datacenters and computers
People here with crypto fever is like on drugs..dont see nothing in context ..in compare to last centuries ... crying on to not be rich fast.. or hold ..
That future-chaos from all was predicted.. and thats why some countries hoarding gold.. to have some real thing to trust in heavy times witch will comming from west..debt based world.. just look to hopeloss canadians.. they will allow soon all drugs, pervs,spy world with VPNs to steal ideas direct from people.. anti family laws ..


Before people work  make real things.. now they are in gym few hours day..(many of them unemploys) and after when they come from gym and "sterilisedbucks cafee" they want some "technology" witch make them "easy money" "and faaaast !!".... riiich they scream if crypto prices fall

we cantry make completely separate two worlds - where will crypto utopia  and fiat utopia .. not possible transfer/echange betwen or people from boot sides ..))
there was in history few experiments with utopia nation .. fall. as always.. but printing war-petrodollar will also destroy "fiat" world  .. traditional family based world ,as is in asia and east asia winning now and will in future..  (no japan,they are destroyed)  west fake all "succes" with debt and printing ..

Surely those gold ingots are silver ingots with gold coating?

The capitulation has already happened at $5800, therefore the business of being a bear is not booming anymore. The Lightning Network is growing exponentially, and it will hype Bitcoin to high heaven throughout 2018 and 2019. Late 2019 people will start buying in anticipation of the 2020 summer halving. Any attempts at crashing the market will be met with violent phases of wealth transfer.



Bitcoin is somewhere at the bottom in the second chart. You lost

It seems like the cryptosphere is holding its breath until Chinese New Year (Feb 16) is over. I suspect the second half of Feb into March we'll see a thaw. Esp as Korean exchanges and account holders fall into regulatory order.

Can anyone turn the volume back on?

We talk about statistics or anecdotes. One of these do not represent the average.

re age and bitcoin, it could be down to a few numbers:
2013:
americans 62 and above have $209K in wealth on average
americans less than 40 have just $14K in wealth.
https://www.stlouisfed.org/~/media/files/pdfs/hfs/essays/hfs-essay-3-2015-age-birth-year-wealth.pdf

however, you may also notice that 30-40 year olds have 30-50% more income than 62 and above.
I conclude that oldies have money, but don't have much cash flow-a perfect situation for them to do both things: buy btc (since they have more cash), and also mine it (since they have poor cash flow).

R0ach's Utopia:

You are the one that does not "get" bitcoin.  Even if you ignore the fact that it's designed to completely centralize, bitcoin is 100% guaranteed to die the closer the block reward gets to zero.  Why?  Because a static block reward subsidizes all transactions just like a govt subsidy.  The second it's gone, people will just move to a different chain that still has a block reward subsidizing it, or to some other system that doesn't have the overhead of PoW since they're all designed to centralize anyway.  So yes, bitcoin actually is a Ponzi because PoW is not sustainable since you CANNOT prevent competitor chains from taking it's market once subsidy is gone.

I don't see a problem if they are up front about it.

I would MUCH rather provide a content provider with some set quantity of hashing than deal with ads.