Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5499. (Read 26608936 times)

25 degrees outside, sun is shining, made me buy some more BTC.

Life's good.

Wish I had merit to send for this

+1 WOs Merit at least!

What these lizard men are doing? Any idea?



Edit:
77% Yes
Who are these goats voting for doge dog??

So, the lizard posts his food!

1 merit for making me laugh out loud, that insane image will stay in my head for the rest of the day.

... it all depends on what Zuckerberg does with his goats I'm guessing, it's a kind of too-clever-by-a-half cryptic message?

... like what if he is a goatzucker?


... does he go Max all-in Bitcoin? ride it like a maniac while screaming Gemini-Winklevi!?

Tested 53k again and held.
Desperadoes lining up to give away their coin to both the shakers and Mrs. Farmer who stacked a little more at $53.8k

Ignore the troll - 'altogether grews'.

Coffee finished long day ahead.

Ahh, Kathleens bike. https://www.youtube.com/watch?v=3sxLp9YRpg8

Why no szuckerpump 

Hello all. Anyone trying to trade the current back and forth ? I'm bad at trading so I'm only using fiat, and fiat I don't need. So either I earn more fiat (and can keep the earnings in either fiat or BTC or a bit of both) or if the price goes down I'm holding "expensive" BTC.

No leverage of course.

I started a few days ago and so far it has worked well.

I have no idea what you mean. All I know is that I still love & wear the hat you gave me sometime ago  
You did give hats out to a lot of wronguns though. You have yourself to blame as to why I'm here  

 Why do people say, "if a company can make a profit why would they give it all away"?
How about if you make a deal to sell me a mining device, shipped to me by a certain date and then I pay you in advance for that miner so you have the funds required to make it all happen (and make yourself a nice little profit on the deal), then you fucking send me the device as promised and not fuck around mining with the devices and making all manner of excuses while waiting for more "parts" to make your customers' miners.  I believe that's called fraud. It's water under the bridge now but in the early days of mining, they were nearly all scammers - taking pre-order money and mining with the first devices off the press.  KNC's first device was the model for what miner sales should be like - they even shipped on time and with a better hashing rate than promised.  It was downright refreshing to say the least.  I imagine many people were able to make more bitcoin than they might have been able to buy at the time of sale with their money on those particular miners.  It didn't take long for Sam and Co to slide on over to the dark side though.

  Once video cards were useless for mining bitcoin, I considered myself lucky enough to be screwed over a couple of times very early by ASIC manufacturers/sellers.   With very few exceptions, it's never been worth it to mine as opposed to buying bitcoin since that time - the only thing that makes it seem attractive is the fact that the price of bitcoin continues to rise.  So you would have been able to buy 40 block eruptors and 4 X 10-port USB3 hubs for ~ $1100 (10 BTC at the time... hypothetically speaking) only to have them become useless for mining in mere months due to the difficulty increases after pumping out just under 1 bitcoin for you.  It's all good though because bitcoin went from $90 to $1200 during November that same year - you feel redeemed anyway.  I know some people claim to be able to make a profit mining but you need to be able to find really cheap energy in order to eek out a profit from mining.  In fact, I remember reading an article where NG Zhang of Caanan said  that margins were very tight due to the competition in the mining business - 10% if you were lucky.

 I choose not to mine ever again - I'm not even interested anymore.  I'll just leave that to the amateurs who don't know any better and the pros who do.

 Remember..
  fraudulent misrepresentation.

OT: ICP, lol. A monstrosity creature of the Valley venture capitalists.
Those who invested in the seed (not myself, unfortunately, missed it by 2wk of not paying attention) made out like bandits, but going forward $210bil fully diluted, he he.
...and they were complaining about little doggie.

I didn't realize there was any requirement to interact with Greg Maxwell.

... you hope btc is $1m each in 3 years..
but lets say it was

as you say 3.448btc now($200k) = $3.448mill in 3 years

so which will you prefer
$200k now for an if.maybe.hope of 2.73btc
$200k now for guaranteed 3.448btc

i know what im choosing

remember..
if a company can make profit. why would they give it all away..
those outside their internal group of special investors(themselves) wont get as much out as those in the internal group

they dont give money away for nothing

in the last 6 months. there have been a few difficutly adjustments exceeding 10%. so 5% was quite fair.

i also have looked into some asic studies of this month.
such as slush pool 'active workers' have a 25% using s19 and 75% using s9..so there is still alot of hardware upgrading to do yet

oh and the pitch is not about euros
Dr.Back"If you hold Bitcoin or your business relies on it, you have an incentive to directly participate in mining"

seems he is preaching to those that already have coin.. not euros

but if you only hold euros.
and you done some maths and worked out you can get 2.73btc but only if you hand in a lump sum now. and wait 3 years..
or
buy up 3.448 now. .. no delay. no risk of loss no risk of company liquidating no risk of 'we been hacked'
which would you choose

$200k now...3.448btc now no delay
$200k now... 2.73btc later. maybe with many if's

 $200k now for $2.73 mill in 3 years seems pretty sweet.  Of course, you could just buy the $200k worth of bitcoin now and wait; forego the mining, electricity cost and pain in the ass. 
 

any household node.. even a raspberry Pi can process block transaction data. no issue
even the devs have said 4mb of data is not an issue for he network

asic miners do not process transactions.
block size is NOT dependant on miners
whether a block is empty or has 20 terrabytes of data per block.
the hash that is sent to an asic is the same length every time

an asic only touches a hash. not the block data
it does not cost miners more to process more transactions

hashrate has no correlation or impact on transaction count limit
transaction count has no correlation/impact on hashrate

well, it is not my fundraise, so I am just a poster, but 5% adjustment per period is questionable going forward.
In fact, there were similar calculations pooh-pooing buying of miners (s17, t17) before and immediately after the last halving.
They paid off spectacularly, even in btc.
Plus, it is aimed at those with euro, not btc. Mining smoothes out the return ( you are not buying a lump sum of btc at the current price).
They just have a price a bit too high, we both agree on this. About 20% less would have been prudent.