Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6013. (Read 26713056 times)

I posted an ELI5 a little later. TL;DR  Number go up =(a) less corn.  Number go down = (b) moar corn. Number same = same corn.

Estimate the risk of number go up/down? I wish I could. It's all SOMA!

Agreed. I see no extra value in the death and suffering of an animal, and would appreciate synth meat if it tasted like the real thing.

Thanks everyone 


I think that this distance between users is random...

But the thickness of lines means the amount of merit between each user. Maybe the line is invisible if there is only 1 or a few merits between users, as there is too much data to display.

Why do I think we will have no problem from competition from governments. My guess is if it comes to that, they will just use the old trusty truncheon.

Meantime dropped another $100 into the bitcoin machine. It's like of like dropping a quarter in a slot machine as you walk buy except that Bitcoin always pays you off...

Edit: Back above 50k. Good.

But 7-8 billions people with lots of money ? He's very optimistic about the turn of events, socialists would be pleased (and personally I wouldn't mind). More like 100 millions and everyone else still poor, me thinks.

Case b is OK.

As for case a, can I estimate my risk ? Depending on what it is, I could cover it by buying some additional BTC (granted, I said I didn't want to).

Hahahahahaha


He (Richy_T) is probably still a bit caught up in his BIG ass BLOCKER talking-points.    




Takes a while to change old habits....


Welcome over to this lado Richy_T....   #nohomo



Please don't leave us again, Richy_T.

We know that your condition is devolving when you are quoting posts from 2010 as if they have some kind of significant and material meaning to what's going on today.

Snap out of it...

Snap out of it....


Nice touch there, Richy_T...

Propositioning to eat your hat demonstrates that there is still hope for you.... especially proposing to eat the Homerx10 hat....

 



Come back Richy_T....

come back

Come back....




Surely a great way of framing the matter.

The debate was had, and even intensively had, and a fork was formed in which such matters could be pursued on that fork to the level of passions.. in fact one fork was formed and then another fork was formed from that fork still on the same BIG BLOCKER theme, and they argued the fuck that their coins and their forks were better because BIG BLOCKS on chain, Satoshi's original intentions, blah blah blah... .. but yeah, as you point out, the market difference is quite great, even after more than 3 years of battling for such market share.. who has the market share?  Seems like king daddy has, and unambiguously so.

I'm a proud carnivore, yet I would gladly switch to synthetic meat when it is similar in taste and cost. There's simply no reason not to.

Today is a big day for me. Thanks to BTC, and partially to you all here, I am debt-free today. I quit my job, and I paid off ten years of debt, now I own my house and a few acres in the clear.
My wife and I live fairly simply. Old paid-for cars (that I can fix), no cable TeeVee. A large garden and a small shooting range in the back yard.

I quit smoking cigarettes, and DCA that amount into BTC. Doing this payoff burned a big chunk of the corn, but  it is a better thing to do for myself, now. We won't be wealthy, but this is the American dream for me. YMMV.

This is cool. What does the location on the figure signiify? i.e. whether on left or right of the figure; top or bottom; proximity to others? I found myself surrounded in close proximity by marcus, fillippone, somac, cAPSLOCK and bitebits. What does this mean? Should I be concerned? How worried* should I be?

*I've noticed that every other question posed by BBC news anchors starts with "How worried should we be about...."  The old BBC doing it's part to keep us all in a state of fear about pretty much everything.

Meanwhile, bitcoin gives zero shits as it reclaims its $50k throne. CCMF and FU MSM.

The art by bitmover is nice I found myself

Sure, each of us are going to make differing choices in these regards, including which avenues are available to us.. .. and in that regards fees are going to vary too in terms of options available.

If you are a very beginner to bitcoin, and you have a relatively small budget, you may well stay on exchanges or something like that for a year or more until maybe you have accumulated a few thousand dollars in value in your bitcoin, and of course, if you have been in bitcoin for a while and you have accumulated a few BTC, but you believe that you do not have enough, then you may well hold the vast majority of your holdings in private ways, so you would have figured out a variety of ways to hold your BTC privately and weighed the advantages and disadvantages of varying methods of holding your coins.  Sure, you might have some coins that you could access more easily, and some that are even further into cold storage.

If you have been in bitcoin for a while, but you are relatively young, and you feel disappointed with the size of your stash, you would still be way ahead of the vast majority of the worlds population because ONLY a small number of people both know about bitcoin and have taken measures to stack sats, and as I have frequently stated, in traditional circles, there have been a lot of people who had spent 30 years or more trying to accumulate wealth and some more successful than others, and if you end up being able to increase the chances that you will be successful by investing in sound money (surely referring to bitcoin here) and even to significantly cut down the timeline (maybe even cutting in half) to become richie or able to live off your investments, then you would be way ahead of a lot of people, so in that sense, I would not suggest that some young folks or other folks who have been short on investment cashflow should be feeling bad if they feel that it is taking them longer than others to build their wealth (bitcoin stash), because you can ONLY work with what you got, and you may well not even need to employ leverage or gambling strategies in order to sufficiently compound your BTC investment efforts in order  to still end up doing quite well, relatively speaking.

Pretty nice.

LFC and el-dude have like a highway in between #could be friends IRL 

Can Governments Stop Bitcoin?

I understand that definitions of "supercycle" is going to differ, but I would hardly characterize pumping to $500k or even $1million in this cycle as a "supercycle", even if such numbers would be a bit beyond the bounds of expectations.

It seems to be that a lot of people are employing the concept of supercycle to suggest that bitcoin is NOT going to have meaningful price corrections in terms of degree (such as 65% to 85%) or in terms of the amount of time of the correction.. (such as 1-3 years).

Until we actually witness meaningful evidence beyond spouting off dumbass theories (that sure might make some sense in terms of logic), there remains no real reason to buy into the spouting off of these theories that are not really supported by evidence.

Don't get me wrong, I am not even suggesting that bitcoin might not pump way the fuck up to $1million and beyond in this cycle or that the cycle might not go beyond what is expected to happen in a 4-year range, or that retail is going to refuse to sell in significant amounts, but I still, we have already seen the way bitcoin tends to work, and that is the trend is your friend until it is not, then it becomes your friend again, but in the opposite direction, and the mere fact that some bull whales might be refusing to sell and continuing to buy does not necessarily mean that they are not going to get beaten the shit out of by the bearwhales who are taking advantage of DOWN momentum that then exists, whether the top of such cycle ends up being $100k, or $1million, some higher price, or some price between.

Sure at some point a supercycle may well take place.. but better NOT be counting on such a thing.. and be prepared for it not happening and bitcoin continuing in the same ways that it has behaved in the past, just with BIGGER players fighting those battles - rather than mere mortal joe blows like us.. even though some of us might start to be considered as BIG.. relatively speaking if we happen to hold 100BTC or more and the BTC price is more than a $1million .. becomes harder to call us minnow or wee fishies at that point.

Very nice work! I really like posts like this!

Network graphic clearly shows how interconnected we all are. Long live WO!

Wall Observer Meta post:

I had some more free time and created this merit network graphic of WO thread. I was exploring flourish and trying new graphics.

Click in the image to see the interactive network graphic:


https://public.flourish.studio/visualisation/5379872/

When you hover the graphic you can see your merit network and earned merits. The biggest the point, more merit earned (in WO only). Sadly I wasn't able to find myself lol

Created using LoyceV full merit data

Who fucking cares, eddie13?  which largely means that I am standing by my earlier comments, but sure the way that you respond causes me to make a further explanation.., so no problema.

The fact that you are whining about not having enough bitcoin blah blah blah.. largely means that you either did not invest enough or that you sold too many too early, and since you are proclaiming that you did not sell any, then we have to go with the former.. which is that you did not buy enough.

We can ONLY go by your representations in this regard, because I don't know your details beyond remembering some of your earlier posts which you had seemed overly negative about bitcoin.. and you suggested that I was misunderstanding the way that you expressed ur lil selfie.. blah blah blah..

You have proclaimed that you are a pretty young guy, so it could be quite possible that you are being too hard on ur lil selfie, and you really were not capable of reasonably and prudently invest more into bitcoin, and if that is the case, then you should merely be accepting that you had done what you needed to do.. and you ONLY have so much of a cashflow in order to invest, anyhow.

So, I cannot be sure, but I do believe that some guys (and gal perhaps) are too hard on themselves because when looking back retrospectively, they conclude that they should have gambled more on bitcoin blah blah blah ... and maybe sometimes there may have been a need to be more aggressive with the bitcoin investment but devolving into gambling and leveraging does not seem to be the solution, even if retrospectively you can see that such a strategy could have play out quite well.



Yes,,,, you are crazy... and again.. another BIG so what?


Again so what?  and again, you are crazy.      



Are you referring to me or to other people, like bawb or Jimbo or someone else?

Let's just stick to me, for now, because surely, I am not necessarily going to be able to defend bawb or Jimbo- even though quite a few factors in their cases are similar to my factors, including the fact that we are way the fuck overinvested in bitcoin in terms of the value of bitcoin and things that we are considering purchasing.. so the fact that you are underinvested and you are regretting that does not make a very good comparison.

And, additionally regarding my case more specifically is that I have a formula for selling BTC on the way up that is a mere fraction of the profits that are generated that started from about $250, so my system is completely sustainable on its own, including that the fraction of profits that are sold means that the vast majority of profits continue to compound upon themselves causing way the fuck more value than I ever expected or needed and one of my BIGGEST problems seems to be figuring out how to spend some of my profits, which does not seem to be a problem of Bawb, Jimbo or some others, and in my case, I have not even sold any extra BTC outside of my already pre-established system.. which surely would be justifiable, if I were to go down that path (or consider going down that path).



Yeah.. your fucked up and perverted generalizing view is that you don't even understand that there is a considerable amount of variance among members, even if some of us might have some sticks that we propagate.,. My particular angle has frequently been to attempt to get guys to analyze their own situations and to tailorize their BTC approach to their own situation.. with of course an emphasis on long term investing in btc and a starting investment point of 1-10%... so I am not sure what your issue is in regards to some discussion of profits within there?  Are you just bitter because your profits are not very good, even though it should have been difficult to NOT have some decent levels of profits if mostly sticking to bitcoin accumulation and HODLing in the past 7 years or so.



You mean bitcoin is going to save the world?

Why don't you focus ur lil selfie, eddie13?

People, including members here, can hold and even act upon a variety of ideas at the same time... so stop with your whining and accusing other members of losing their focus.. blah blah blah.. when likely need to look at ur own lil selfie in the mirror and figure out ways that you might want to or need to improve ur lil selfie based on where we are at today, rather than wishing what you would have done previously or suggesting that other guys are fucking up, which is just delusional and distracting failure/refusal to take responsibility bullshit.

Odd. Came back after a few hours and refreshed the page and a bunch of pets moved backwards. Don't recall much delete-worthy