Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5146. (Read 26710226 times)
July 19, 2021, 11:09:13 AM
July 19, 2021, 11:07:26 AM
If they paid for the electricity and kept everything else legal, and mining was profitable, they could have kept mining with no authorities bothering them for a long time. Eventually, the power company will inspect places that have very high usage to find out what's going on, even if they were being paid accordingly.
I assume there has to be a law in Malaysia making Bitcoin mining equipment itself illegal, because it does not makes sense for the police to destroy legal mining equipment due to stealing electricity.
The whole story is bullshit. They cant destroy anything before there is a conviction and case is closed.
There is proper machinery to destroy something a road-roller is not it. https://youtu.be/5n-n-i9JqEI
That thing is HORRIFYING/BEAUTIFUL.
July 19, 2021, 11:06:06 AM
July 19, 2021, 11:05:12 AM
I am feeling like I am being "used" as a ChartBuddy breaker-upper..
Not quite yet.
Hold on to ur lil horsies...
Don't be prejudging lillie fiend.
On the other hand, if "we" do go below $30k (ie into the $20ks), then sure at that point it would be fair enough to call it.. otherwise, u are a premature dweeb... especially when rooting for DOWNity and suggesting that it is certain, even though it has not happened... yet.
You too?
Ow!!!!
That does not look good, either. Twice.
Hey ToxicMoxic!!!!
You are back!!!!
moar froth
You know, everything seems to be heading in a real shitty direction. I was going to move into the rural area a little when I buy a house, no more than 45min out from the city, but I feel I should move much further out now and become completely independant on my land. The world is heading towards a dark place and has been for a good while now.
I hope that you keep an internet connection in order that we won't lose our regular feed of our constant, persistent, ongoing, informative, negative nancy-ism updates - #nohomo.
20s here we come. Sigh.
Not quite yet.
Hold on to ur lil horsies...
Don't be prejudging lillie fiend.
On the other hand, if "we" do go below $30k (ie into the $20ks), then sure at that point it would be fair enough to call it.. otherwise, u are a premature dweeb... especially when rooting for DOWNity and suggesting that it is certain, even though it has not happened... yet.
You too?
Ow!!!!
That does not look good, either. Twice.
this software is only used on dissidents and reporters....right? right guys....?
https://www.theguardian.com/us-news/2021/jul/19/first-thing-human-rights-activists-dissidents-and-journalists-targeted-by-pegasus-spyware
faraday cage everything i guess...ffs
https://www.theguardian.com/us-news/2021/jul/19/first-thing-human-rights-activists-dissidents-and-journalists-targeted-by-pegasus-spyware
faraday cage everything i guess...ffs
Hey ToxicMoxic!!!!
You are back!!!!
Not just BTC that looks a bit shit, legacy markets are having trouble too. I wonder if we'll be getting a broad correction soon, or if the FED will preempt it with some more brrrr.
moar froth
Quote
In a coordinated announcement, the White House and governments in Europe and Asia identified China's Ministry of State Security, the sprawling and secretive civilian intelligence agency, with using "criminal contract hackers" to conduct a range of destabilizing activities around the world for personal profit, including the Microsoft hack, according to a senior US administration official.
https://www.cnn.com/2021/07/19/politics/us-china-cyber-offensive/index.htmlYou know, everything seems to be heading in a real shitty direction. I was going to move into the rural area a little when I buy a house, no more than 45min out from the city, but I feel I should move much further out now and become completely independant on my land. The world is heading towards a dark place and has been for a good while now.
I hope that you keep an internet connection in order that we won't lose our regular feed of our constant, persistent, ongoing, informative, negative nancy-ism updates - #nohomo.
July 19, 2021, 11:01:27 AM
July 19, 2021, 10:57:51 AM
I see on my phone that my uncle "read" my texts from yesterday (about a few hours after I sent them), but I still have not heard from him.
I have been thinking of possible variations of the bet too.. in order that the bet might keep running, so maybe we figure out an amount that is comfortable, but we keep the bet running for something like 5 years, and at the end of each calendar year we measure to see where we are at in terms of comparing bitcoin to the DJI... ...
So maybe we start with $5 or even $50 at the end of 2021, and then each year we multiply the bet (but we continue to use the beginning of 2021 as our starting reference point for the price (percentage) to beat), which is showing our long term conviction starting from a base point (which I feel that would be my giving him a ~30% headstart, too.. and I do not have a problem with that)...
So maybe the bet doubles or triples each year, so it would look like either the 2x, 3x, 5x or perhaps some other multiple and sure the below examples show starting from $5 but maybe add a zero (which would be starting from $50) or use some other starting number ($1, $20, $100 or whatever) to customize the starting point and the multiples to individual "friendly" finances while creating a kind of magnification that emphasizes an importance in thinking about the longer term rather than getting all worked up about short-term nonsense, when in fact my uncle and I are both considering our lil selfies as long term investors, but for some reason, yesterday he seemed to have been putting so much emphasis in short-term nonsense just to make his comparative point and supposedly that his investment in stocks was "beating" bitcoin (at least from his way of framing the matter).
2x 3x 5x xxx
End of 2021 $5 $5 $5 $5 (or some other amount)
End of 2022 $10 $15 $25 $xxx
End of 2023 $20 $45 $125 $xxx
End of 2024 $40 $135 $625 $xxx
End of 2025 $80 $405 $3,125 $xxx
The whole matter of betting or putting a bit of stake behind assertions can still be friendly.. but putting some money where your mouth is can be helpful to showing true conviction, and of course, if the bet amounts are high, there there could be some reason to make sure that any of us would save for the event that we might lose the bet.. and no one of us should be putting all our eggs in one basket, even if we may well be willing to bet in accordance with one direction or another turning out in our favor.
I do not know your uncle but I have found that when it comes to putting their money where their mouth is people do not do it. I doubt he is going to take the $5 bet and will probably shrug it off saying that would be silly. If you were to follow the structure you have outlined above you would probably bankrupt your uncle swiftly I have been thinking of possible variations of the bet too.. in order that the bet might keep running, so maybe we figure out an amount that is comfortable, but we keep the bet running for something like 5 years, and at the end of each calendar year we measure to see where we are at in terms of comparing bitcoin to the DJI... ...
So maybe we start with $5 or even $50 at the end of 2021, and then each year we multiply the bet (but we continue to use the beginning of 2021 as our starting reference point for the price (percentage) to beat), which is showing our long term conviction starting from a base point (which I feel that would be my giving him a ~30% headstart, too.. and I do not have a problem with that)...
So maybe the bet doubles or triples each year, so it would look like either the 2x, 3x, 5x or perhaps some other multiple and sure the below examples show starting from $5 but maybe add a zero (which would be starting from $50) or use some other starting number ($1, $20, $100 or whatever) to customize the starting point and the multiples to individual "friendly" finances while creating a kind of magnification that emphasizes an importance in thinking about the longer term rather than getting all worked up about short-term nonsense, when in fact my uncle and I are both considering our lil selfies as long term investors, but for some reason, yesterday he seemed to have been putting so much emphasis in short-term nonsense just to make his comparative point and supposedly that his investment in stocks was "beating" bitcoin (at least from his way of framing the matter).
2x 3x 5x xxx
End of 2021 $5 $5 $5 $5 (or some other amount)
End of 2022 $10 $15 $25 $xxx
End of 2023 $20 $45 $125 $xxx
End of 2024 $40 $135 $625 $xxx
End of 2025 $80 $405 $3,125 $xxx
The whole matter of betting or putting a bit of stake behind assertions can still be friendly.. but putting some money where your mouth is can be helpful to showing true conviction, and of course, if the bet amounts are high, there there could be some reason to make sure that any of us would save for the event that we might lose the bet.. and no one of us should be putting all our eggs in one basket, even if we may well be willing to bet in accordance with one direction or another turning out in our favor.
I am probably as bullish as you could find with Bitcoin but I agree with your point of not putting all your eggs in one basket. I have tried to invest in various different outlets and not just Bitcoin and no I am not talking about shitcoins. I'm talking about stocks and Bitcoin but Bitcoin has for a fact been the money maker if we look at the profit over the years. I have not taken my investment out of Bitcoin yet but if I did I would be up more than 500% and I definitely cannot say the same for the stocks that I have invested in.
July 19, 2021, 10:04:35 AM
Funny thing is that I could not really get the matter out of my head, so I sent my uncle a text and I proposed a "friendly little bet" about the calendar year.
I said that I would give him a 30% headstart because I am nice like that, and I proposed that we make a friendly bet about the price of bitcoin versus the price of stocks (proposing using the DJI), and I said that we could figure out the denominator for each at the beginning of the year, and I suggested that I win the bet if BTC performs at a higher percentage by the end of the calendar year, and he wins the bet if the DJI performs at a higher percentage at the end of the year...
An easy-peasy and straight-forward bet, no? I have not heard back from him, yet.. but he really does not text very often, so he has that excuse.. so I may have to remind him when I see him in person.. not sure when that will be.
We would bet something like $5 or some kind of small token amount.. but I gotta hear from him, first.. so that we can settle (agree upon) the denominators of each and the other terms of the proposed calendar year bet.
Through such a bet, I will attempt to determine the level of his conviction (cockiness today) and if he is willing to put his pride on the line for the end of the year.. He's the one who proclaims to "like" calendar year nonsense, and I will go along with his framework... and we will see how it plays out.. I am not really worried about if I lose.. but I want to see if he is going to have some conviction beyond what he says on one day then acts like he forgot that he said it.. blah blah blah.
Well for your sake I hope that he takes the bet as that would probably shut him up for good and when/if he loses you can just tell him that you've done him a favor and shown him that Bitcoin is worth investing in so he may have lost the $5 that you wagered but he now has the proof and the encouragement to trust that Bitcoin is profitable.I said that I would give him a 30% headstart because I am nice like that, and I proposed that we make a friendly bet about the price of bitcoin versus the price of stocks (proposing using the DJI), and I said that we could figure out the denominator for each at the beginning of the year, and I suggested that I win the bet if BTC performs at a higher percentage by the end of the calendar year, and he wins the bet if the DJI performs at a higher percentage at the end of the year...
An easy-peasy and straight-forward bet, no? I have not heard back from him, yet.. but he really does not text very often, so he has that excuse.. so I may have to remind him when I see him in person.. not sure when that will be.
We would bet something like $5 or some kind of small token amount.. but I gotta hear from him, first.. so that we can settle (agree upon) the denominators of each and the other terms of the proposed calendar year bet.
Through such a bet, I will attempt to determine the level of his conviction (cockiness today) and if he is willing to put his pride on the line for the end of the year.. He's the one who proclaims to "like" calendar year nonsense, and I will go along with his framework... and we will see how it plays out.. I am not really worried about if I lose.. but I want to see if he is going to have some conviction beyond what he says on one day then acts like he forgot that he said it.. blah blah blah.
I might think about proposing this bet to some of my friends & family see if they bite the bullet when it comes down to it.
I see on my phone that my uncle "read" my texts from yesterday (about a few hours after I sent them), but I still have not heard from him.
I have been thinking of possible variations of the bet too.. in order that the bet might keep running, so maybe we figure out an amount that is comfortable, but we keep the bet running for something like 5 years, and at the end of each calendar year we measure to see where we are at in terms of comparing bitcoin to the DJI... ...
So maybe we start with $5 or even $50 at the end of 2021, and then each year we multiply the bet (but we continue to use the beginning of 2021 as our starting reference point for the price (percentage) to beat), which is showing our long term conviction starting from a base point (which I feel that would be my giving him a ~30% headstart, too.. and I do not have a problem with that)...
So maybe the bet doubles or triples each year, so it would look like either the 2x, 3x, 5x or perhaps some other multiple and sure the below examples show starting from $5 but maybe add a zero (which would be starting from $50) or use some other starting number ($1, $20, $100 or whatever) to customize the starting point and the multiples to individual "friendly" finances while creating a kind of magnification that emphasizes an importance in thinking about the longer term rather than getting all worked up about short-term nonsense, when in fact my uncle and I are both considering our lil selfies as long term investors, but for some reason, yesterday he seemed to have been putting so much emphasis in short-term nonsense just to make his comparative point and supposedly that his investment in stocks was "beating" bitcoin (at least from his way of framing the matter).
2x 3x 5x xxx
End of 2021 $5 $5 $5 $5 (or some other amount)
End of 2022 $10 $15 $25 $xxx
End of 2023 $20 $45 $125 $xxx
End of 2024 $40 $135 $625 $xxx
End of 2025 $80 $405 $3,125 $xxx
The whole matter of betting or putting a bit of stake behind assertions can still be friendly.. but putting some money where your mouth is can be helpful to showing true conviction, and of course, if the bet amounts are high, there there could be some reason to make sure that any of us would save for the event that we might lose the bet.. and no one of us should be putting all our eggs in one basket, even if we may well be willing to bet in accordance with one direction or another turning out in our favor.
July 19, 2021, 10:01:37 AM
July 19, 2021, 09:36:16 AM
Does anyone know why GBTC FUD did not affect the price? I was waiting with a little cash but there was no drop in the price. 
my last time I bought it was around 29500 and it went up an hour later to around 34,000, it was perfect timing.
Maybe wait till 21st July, something's cooking up my last time I bought it was around 29500 and it went up an hour later to around 34,000, it was perfect timing.
Sure feels like something is cooking.
Actually, right now it feels a lot like the 2018 $6000 level just before the drop to $3000. I hope it is not going to repeat that but the lower highs with solid looking support is exactly what happened then.
I would not consider "exactly" to be a very reasonable way of attempting to make predictions about the future based on past patterns...
Sure, we could get another 30% to 50% drop from here - and that would be something like $15k to $20k depending on the severity of such a drop...
I will actually agree that $6k support was tested around 6 times between February 2018 and November 2018 when it finally broke.. and we got damned near a 50% drop out of that loss of $6k support that was a pretty BIG ASS surprise to a lot of us... and then the sub $6k lasted for a bit more than 4 months.. to cause additional concerns that the bottom might not be in and the shaking of weak hands.. so gosh.. maybe you are talking me into this?.. hahahahhaha
I am not going to get all glass half full and whiny about this.. and sure if the price goes down it is good to continue to attempt to be prepared (both financially and psychologically) for potentially extreme scenarios and sure, there could be some possible breaking (or at least appearing to be breaking) some of the currently credible BTC price prediction models in order to cause more senses of doom and gloom (of the masses), so sure a premature bear market (or even a greater, seeming to be out-of-this-world BTC price correction) could cause some more shakenings of the weak hands.....
So whether more "down before up" is a necessary condition or something that ends up happening should be something in which we are prepared for (both psychologically and financially) - but whether or not "down before up" ends up happening is something that I would be careful in putting too many eggs in such thinking of certainty basket.. so sure prepare to buy more BTC or just HODL through seems to be the better strategies, rather than selling - even though for sure, peeps are gonna peep... and cannot really stop peeps from buying high and selling low, especially if they have over-invested (and perhaps without hardly any plan except "getting rich quicker" than they have been able to in their previous years), and bear-whale manipulators might be able to sense that there remains more room to shake a few more of the whiny-ass cry babies who are placing more certainty towards down than it deserves (which sure could cause a self-fulfilling prophecy... until it doesn't).
July 19, 2021, 09:35:41 AM
Buying more for €400. (Daily traders and 100x leverage longs #rekkt #HFSP)
July 19, 2021, 09:27:54 AM
Not just BTC that looks a bit shit, legacy markets are having trouble too. I wonder if we'll be getting a broad correction soon, or if the FED will preempt it with some more brrrr.
moar froth
Quote
In a coordinated announcement, the White House and governments in Europe and Asia identified China's Ministry of State Security, the sprawling and secretive civilian intelligence agency, with using "criminal contract hackers" to conduct a range of destabilizing activities around the world for personal profit, including the Microsoft hack, according to a senior US administration official.
https://www.cnn.com/2021/07/19/politics/us-china-cyber-offensive/index.htmlYou know, everything seems to be heading in a real shitty direction. I was going to move into the rural area a little when I buy a house, no more than 45min out from the city, but I feel I should move much further out now and become completely independant on my land. The world is heading towards a dark place and has been for a good while now.
i hear you..its ugly...has been for awhile now two choices really...and i guess i should be happy that there are...bury your head and wait for what comes or get out there and affect what positive change you can
i have been at that crossroads time and again for me personally there is no choice really...i have to keep trying and just do the best i can
It's funny, I consider these crossroads all the time myself too, maybe everyone does and we are just waiting for the right moment and movement to come into being. I consider trying to start something like this myself sometimes, but I'm getting older now and my hatred of the world keeps growing so I also think why bother. I guess that's just depression with the world talking though. When Bitcoin goes up again, I'm sure my motivation will return, but will it make a difference? Probably not.
I think the word 'start' could be replaced with 'continue doing' somac. A butterfly flapping its wings does not seem like much...but it IS something You are here...on the most important bitcoin forum in the World...advocating for it...it is not nothing imho
July 19, 2021, 09:17:14 AM
Not just BTC that looks a bit shit, legacy markets are having trouble too. I wonder if we'll be getting a broad correction soon, or if the FED will preempt it with some more brrrr.
moar froth
Quote
In a coordinated announcement, the White House and governments in Europe and Asia identified China's Ministry of State Security, the sprawling and secretive civilian intelligence agency, with using "criminal contract hackers" to conduct a range of destabilizing activities around the world for personal profit, including the Microsoft hack, according to a senior US administration official.
https://www.cnn.com/2021/07/19/politics/us-china-cyber-offensive/index.htmlYou know, everything seems to be heading in a real shitty direction. I was going to move into the rural area a little when I buy a house, no more than 45min out from the city, but I feel I should move much further out now and become completely independant on my land. The world is heading towards a dark place and has been for a good while now.
i hear you..its ugly...has been for awhile now two choices really...and i guess i should be happy that there are...bury your head and wait for what comes or get out there and affect what positive change you can
i have been at that crossroads time and again for me personally there is no choice really...i have to keep trying and just do the best i can
It's funny, I consider these crossroads all the time myself too, maybe everyone does and we are just waiting for the right moment and movement to come into being. I consider trying to start something like this myself sometimes, but I'm getting older now and my hatred of the world keeps growing so I also think why bother. I guess that's just depression with the world talking though. When Bitcoin goes up again, I'm sure my motivation will return, but will it make a difference? Probably not.
July 19, 2021, 09:10:03 AM
I want to send a shout out towards those WO brothers and sisters in Germany..Denmark and Belgium who have been dealing with torrential rain, flooding and devastation
Hang in there guys...my thoughts and prayers are with you
Hang in there guys...my thoughts and prayers are with you
July 19, 2021, 09:02:52 AM
Not just BTC that looks a bit shit, legacy markets are having trouble too. I wonder if we'll be getting a broad correction soon, or if the FED will preempt it with some more brrrr.
moar froth
Quote
In a coordinated announcement, the White House and governments in Europe and Asia identified China's Ministry of State Security, the sprawling and secretive civilian intelligence agency, with using "criminal contract hackers" to conduct a range of destabilizing activities around the world for personal profit, including the Microsoft hack, according to a senior US administration official.
https://www.cnn.com/2021/07/19/politics/us-china-cyber-offensive/index.htmlYou know, everything seems to be heading in a real shitty direction. I was going to move into the rural area a little when I buy a house, no more than 45min out from the city, but I feel I should move much further out now and become completely independant on my land. The world is heading towards a dark place and has been for a good while now.
i hear you..its ugly...has been for awhile now two choices really...and i guess i should be happy that there are...bury your head and wait for what comes or get out there and affect what positive change you can
i have been at that crossroads time and again for me personally there is no choice really...i have to keep trying and just do the best i can
---------
morning charts
#dyor
1h
4h
#stronghands
July 19, 2021, 09:01:26 AM
July 19, 2021, 08:45:19 AM
Not just BTC that looks a bit shit, legacy markets are having trouble too. I wonder if we'll be getting a broad correction soon, or if the FED will preempt it with some more brrrr.
moar froth
Quote
In a coordinated announcement, the White House and governments in Europe and Asia identified China's Ministry of State Security, the sprawling and secretive civilian intelligence agency, with using "criminal contract hackers" to conduct a range of destabilizing activities around the world for personal profit, including the Microsoft hack, according to a senior US administration official.
https://www.cnn.com/2021/07/19/politics/us-china-cyber-offensive/index.htmlYou know, everything seems to be heading in a real shitty direction. I was going to move into the rural area a little when I buy a house, no more than 45min out from the city, but I feel I should move much further out now and become completely independant on my land. The world is heading towards a dark place and has been for a good while now.
July 19, 2021, 08:44:59 AM
July 19, 2021, 08:44:44 AM
this software is only used on dissidents and reporters....right? right guys....?
https://www.theguardian.com/us-news/2021/jul/19/first-thing-human-rights-activists-dissidents-and-journalists-targeted-by-pegasus-spyware
faraday cage everything i guess...ffs
https://www.theguardian.com/us-news/2021/jul/19/first-thing-human-rights-activists-dissidents-and-journalists-targeted-by-pegasus-spyware
faraday cage everything i guess...ffs
July 19, 2021, 08:38:31 AM
July 19, 2021, 08:36:12 AM
Not just BTC that looks a bit shit, legacy markets are having trouble too. I wonder if we'll be getting a broad correction soon, or if the FED will preempt it with some more brrrr.
moar froth
Quote
In a coordinated announcement, the White House and governments in Europe and Asia identified China's Ministry of State Security, the sprawling and secretive civilian intelligence agency, with using "criminal contract hackers" to conduct a range of destabilizing activities around the world for personal profit, including the Microsoft hack, according to a senior US administration official.
https://www.cnn.com/2021/07/19/politics/us-china-cyber-offensive/index.html Jump to: