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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3589. (Read 26723601 times)

legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Enter this link, scroll down and marvel yourself with the collection argentinian bill notes.
https://www.infobae.com/economia/2022/05/25/un-mar-de-papel-los-49-billetes-argentinos-de-distinto-diseno-que-se-imprimieron-desde-la-vuelta-de-la-democracia/

I lived using them all. They had wiped more than 11 zeroes to the denomination since i was born.

Currently our bigger bill note is '1000 pesos', and equals to 5 usd.. yes, just a McDonald meal.


Long life Bitcoin.

The EU is probably keeping 500 euro notes as legal tender because they know it's going to cost that for a McDonald's meal in the future.

This made me look up $100 bill, it was issued in 1862 and according to officialdata.org current $100 would have a buying power of just around $3,50 back in 1862, Following that logic a penny in 1862 is worth over a quarter ($0,29) now. Not adjusting new denominations for inflation is a great way to kill off fiat bills.

Edit: And it actually costs 2.41¢ US ($0.0241 US Dollars (USD) to be exact) to make each penny
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 280
Merit: 259
https://bitcoincleanup.com #EndTheFUD
For those who don't know What happened in El Salvador to encourage 44 different countries to send representatives from 32 central banks and 12 other financial institutions?


Here is the Feature Report from Bitcoin Magazine:

The short answer is that last week the country hosted an economic summit to learn about El Salvador’s strategies and experience in financial inclusion. And while the event was not a Bitcoin-specific gathering, the participants, many of whom hail from countries with similar economies to El Salvador’s, received firsthand exposure to the country’s unique and pioneering Bitcoin journey.

Source: https://bitcoinmagazine.com/markets/el-salvador-central-bank-bitcoin-summit
sr. member
Activity: 280
Merit: 259
https://bitcoincleanup.com #EndTheFUD
I am sorry if it was discussed already-

Turkish governing party is reportedly set to submit bills to parliament in the coming weeks to better regulate the Bitcoin and cryptocurrency markets.
Turkey is close to presenting draft legislation to regulate the Bitcoin market, especially businesses involved in the sector that operate in the country, Bloomberg reported on Wednesday.

Two Turkish officials familiar with the matter told the news outlet that President Recep Tayyip Erdogan’s governing AK Party is set to submit bills to parliament containing the new rules in the coming weeks. The bill is set to include measures for businesses providing cryptocurrency businesses to the public, such as exchanges.


Source: https://bitcoinmagazine.com/markets/turkey-crafts-bitcoin-crypto-legislation-report
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Please serve me another TOP GUN

Brilliant.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2772
Merit: 2846
Enter this link, scroll down and marvel yourself with the collection argentinian bill notes.
https://www.infobae.com/economia/2022/05/25/un-mar-de-papel-los-49-billetes-argentinos-de-distinto-diseno-que-se-imprimieron-desde-la-vuelta-de-la-democracia/

I lived using them all. They had wiped more than 11 zeroes to the denomination since i was born.

Currently our bigger bill note is '1000 pesos', and equals to 5 usd.. yes, just a McDonald meal.


Long life Bitcoin.

The EU is probably keeping 500 euro notes as legal tender because they know it's going to cost that for a McDonald's meal in the future.
hero member
Activity: 1022
Merit: 600
Enter this link, scroll down and marvel yourself with the collection argentinian bill notes.
https://www.infobae.com/economia/2022/05/25/un-mar-de-papel-los-49-billetes-argentinos-de-distinto-diseno-que-se-imprimieron-desde-la-vuelta-de-la-democracia/

I lived using them all. They had wiped more than 11 zeroes to the denomination since i was born.

Currently our bigger bill note is '1000 pesos', and equals to 5 usd.. yes, just a McDonald meal.


Long life Bitcoin.



There is no two ways about it, Bitcoin will be their only saviour in this case, it cristal clear that Fiat is going down and Bitcoin is the future of money, the earlier they embrace Bitcoin the better for them hence they're going to sometime in the future regret, if they don't do the needful as El-Salvador did and could eventually see their money go to zero, Why not act fast when the opportunity to get into Bitcoin now while it's still cheap.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 1022
Merit: 600
Enter this link, scroll down and marvel yourself with the collection argentinian bill notes.
https://www.infobae.com/economia/2022/05/25/un-mar-de-papel-los-49-billetes-argentinos-de-distinto-diseno-que-se-imprimieron-desde-la-vuelta-de-la-democracia/

I lived using them all. They had wiped more than 11 zeroes to the denomination since i was born.

Currently our bigger bill note is '1000 pesos', and equals to 5 usd.. yes, just a McDonald meal.


Long life Bitcoin.



There is no two ways about it, Bitcoin will be their only saviour in this case, it cristal clear that Fiat is going down and Bitcoin is the future of money, the earlier they embrace Bitcoin the better for them hence they're going to sometime in the future regret, if they don't do the needful as El-Salvador did and could eventually see their money go to zero, Why not act fast when the opportunity to get into Bitcoin now while it's still cheap.
hero member
Activity: 968
Merit: 624
Still a manic miner
Enter this link, scroll down and marvel yourself with the collection argentinian bill notes.
https://www.infobae.com/economia/2022/05/25/un-mar-de-papel-los-49-billetes-argentinos-de-distinto-diseno-que-se-imprimieron-desde-la-vuelta-de-la-democracia/

I lived using them all. They had wiped more than 11 zeroes to the denomination since i was born.

Currently our bigger bill note is '1000 pesos', and equals to 5 usd.. yes, just a McDonald meal.


Long life Bitcoin.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1078
Merit: 1441
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
I can understand both of those things. Regarding the government overreach perhaps an alternative would be to take control of the armed forces away from the government, put it in the hands of the people somehow. Then perhaps the 2nd amendment would not be necessary for at least that side of things.

That was what the second amendment was supposed to be for. Funny how that worked out.

Bingo.

Btw, American colonists were all armed to the teeth, multiple guns in every household... but no mass school shootings. Huh?

Yeah, but let's not address today's youth mental health crisis in America, let's just take away everyone's right to bear arms instead. That will fix everything.  Roll Eyes







Good luck!!

https://www.youtube.com/watch?v=9fa9lVwHHqg
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
Finally upgraded my LN Node to "LND 0.14.3-beta" and bitcoin-cpre 23.0

Was worried about database conversion issues as i was coming from 0.13 and there were many updates in between. Wasn't sure if i needed to step the upgrade or if i can go straight to the latest version. Documentations didn't mention anything about this, If needed to upgrade to 13.8->14.0->14.1 etc etc, so i assumed i didn't have to! We straight to the latest one!

Have also activated TOR and now running in Hybrid Mode. Both ClearNet and TOR! Which means i can finally initiate connects without having to ask TOR Nodes to add my node as a peer!

Makes participating in channel swaps more seamless!

Although one thing i have noticed, adding a peer via TOR is slower... not overly slow, but noticeably slower than ClearNet...

Routing seems to be very inconsistent over the last 2 weeks and the amount being router seems more consistent with someone spending (1,000 - 10,000SAT) rather than someone re-balancing (100,000+ SAT)... (i am assuming this, no real proof... but if it is, that a good thing!)

A few tips...

Compact your LN database.... use the following in your lnd.conf..

#[bolt]
db.bolt.auto-compact=true
db.bolt.auto-compact-min-age=0

Backup Backup Backup!

Store your unlock password somewhere! You are not going to memorize it! especially given the fact you only have to enter it when you restart your LN node... which in my case is almost never!

If you are looking at a hybrid model, and you have a minimal install of Linux... make sure you install tor daemon!!

LN Node Capacity: 430,447,220 SAT (~4.304 BTC)

Might follow bob and throw some more coins at it!

#LNMETA





Too bad you are using Windows.  Cheesy   Cheesy

Windows?... where is that batslap gif?...insert batslap gif

Specs
Intel(R) Core(TM) i5-6400 CPU @ 2.70GHz
Corsair 16GB DDR4
Gigabyte ITX Board (Small Form Factor)
3 x 1TB Samsung PRO SSD (2 Drives in RAID1 with 1 Spare (Not connected Still in a Box))
Corsair 550WATT PS
APC 750VA Smart UPS

Software: CentOS/bitcoind/lnd

Was going to use Slackware, but the last main release was 2016... i grew up with slack! one of my old qmail toaster is still running slack 13.37!

BTW, Slackware 15 is out! 5 months too late!

Broooooo.... Duuuuuuuuuuuddddddd!!! Cheesy Cheesy ... TMi !!!!!!!! TM f^cking informationnnnnn... Smiley))

Please delete your post, for your own safety. (and I will delete this quote)

You can be picked off just by the specs of your PC. Do not share your specs. Ever. Smiley  Roll Eyes  Roll Eyes
full member
Activity: 618
Merit: 145
Hello everyone, I always read this thread, it seems to me one of the most interesting and fun here on bitcointalk. I wanted to give my point of view on the behavior that Bitcoin has had in recent months. Speculation is that it will rally to two-week highs, which I think is fantastic given the uncertainties that have been going on lately. It recently returned to its $30,000 level ahead of the Wall Street open today May 25, showing range resistance as we can see.


According to data from the CryptoQuant chain analysis platform
Quote
the signs from the network transaction value (NVT) Golden Cross metric suggested a pullback was underway.

Further hinting that BTC's next all-time high would take place until 2024, when Bitcoin's next halving cycle begins. What do you think? Will we have to wait that long for another high?

Source: https://cointelegraph.com/news/bitcoin-finally-due-for-32-8k-as-long-term-btc-price-metric-flashes-overvalued
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1078
Merit: 1441

Força amiga! Vamos continuar sonhando em português!



Great, but, sorry, I don't think that it is sustainable long term.
The f-s are known to come back again and again, until they get their 'piece'.
Because of this and also geographical restrictions on purchases, I never applied for a 'golden visa' in Portugal.
US citizens have similar scheme in Puerto-Rico, but it is riddled with so many fees and limits that it is not sustainable as well.
Besides, they keep wanting to make a state out of it

But their economy has aids.... they need to bring in people with readies...I mean, you can get residency there without using golden visa, which you are right, is a lil restrictive... and kinda the price point too high on the golden visa, ,considering the absolute bargains you can get in Portugal. On a side note I see Madeira is trying to attract digital nomads too.

copper member
Activity: 1526
Merit: 2890
JPMorgan has said bitcoin's fair price is 28% higher than its current level, implying "significant upside from here"

So they have accepted the fair price is +28%, let’s wait until they accept the real price also which is +280%

https://markets.businessinsider.com/news/currencies/bitcoin-outlook-jpmorgan-cryptocurrencies-alternative-assets-2022-5
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