Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6807. (Read 26714947 times)

Check this out:
https://www.bloomberg.com/graphics/2020-global-economic-forecast-2050/

I say that it is bulls--t. The same type of projections were published in the 60ies and 70ies about USSR and the East block.
The bottom line is command-and-control economy cannot function for long periods of time.
As Xi grows more authoritarian, China economy will slow down, then go into a crisis a la USSR.
However, US better get at least another 150-200mil people in (or born) by 2050 to match the EU.

WTF!?!?

Aside, I wonder if this will affect development of Blockstream Satellite, which relies on bits from that project under the hood.


Just at the moment when we are getting what looks like Mike Hearn’s wet dream of a blacklisting/KYC mining pool, too.

Matt Corallo turned the fibre network off. Now we getting more stale blocks, leading to more centralisation of mining.
https://twitter.com/provoost/status/1326626608778784775?s=20

edit: believe there's some solutions proffered at the end of this pod, but haven't listened yet https://anchor.fm/tales-from-the-crypt/episodes/Rabbit-Hole-Recap-Week-of-2020-11-09-emdcr7

New All Time High in 11 days.

Cuz Turkey.

t-minus 3 hours 30 minutes or so

Godspeed Crew-1



SpaceX livestream
https://www.youtube.com/watch?v=bnChQbxLkkI

Helpful hat on:


When in doubt, check trust pages for bidirectional neutral feedback linking the accounts.  And if you set up a not-as-secure alt for use on less-trusted devices, then you should do that, too!

Cf.:

• theymos_away (theymos—not confirmed with bidirectional neutrals on the accounts’ trust pages; naughty Thermos!)
• LoyceMobile (LoyceV)
• Probably bunches of others.  Tracking this stuff is not my department.

It is customary that such accounts should not be trusted for trading, or when significant damage could be otherwise caused by an account hack.

---

Surely, I will try to hold my precious sMerits.  But at the rate that you earn merits, I would not be surprised to see this account on some little list someday.  ;-)

Which one is which?

I don't even understand it so far.

Probably not affecting BTC in any kind of way except for causing a bit of entertainment  - including showing that forking was dumb in the first place...

Damnit!  Who at this stupid company (Coinbase)  is the one who makes the decisions that determine that EVERYTHING they do is done in a way that puts Bitcoin in a backseat.

Was gonna buy something at Protonmail...



I mean they do not sell as many shitcoins as Kraken or Gemini or whoever, but at least those companies treat bitcoin like the 900lb gorilla that it is.

It's like Armstrong has been trying from the very beginning to sweep bitcoin out of the way for...

well... for...

What exactly?  ETH?

Damnit.

Enjoy your beers 
My second thought to leave my story here is that it maybe helps somebody some day, a friend or relative of a WO with similar issues for example.

Just saw this, and your other post (too many beers...).

Thanks for sharing, all the very best! We all will have to deal with health issues at some point in our lives, and it is then when we realise how important our health is. Even 1,000,000 BTC is worthless to you if you can't enjoy it. That's why we have to seize the moment and enjoy our lives whenever we can, and not postpone things for "later"...

Full member is 100 merit (and 120 activity)

But please don't lavish 'em on this account. I mean I'd like a hat and all, but there's no rush.

how many merits do you need for next step?

Is full member 50 or 100?

Nothing. I'm away from home for a bit.

Gzuz, what did happen to V8's account?  

Yes but, there are 2 counter forces holding back inflation at the main street level:

1. Personal household debt (highest on record)

2. Capped out wage/salary increases (aka non-existent raises)

As long as both of these factors stay in play, Average Joes cannot afford anything more than essential goods and services and servicing personal outstanding debt (house/car/credit cards/student loan debt). Therefore baseline goods/services inflation will never go anywhere much, but over longer timeframe will continue to eat away at Average Joes' monthly cash flow.

Real asset price inflation (e.g. real estate, stocks, PMs, Bitcoin, fine art/collectibles), however, will continue to skyrocket. Because this is really where all those 'unspent trillions' are going.

https://archive.vn/H6afR Palantir is not a data company


post truth, post facts world

Peter Thiel you are a fucking liar and a traitor.

I’d go all in with that cash & then put whatever I can afford monthly after bills & shit into bitcoin also.

Boys, don’t look to me as some kind of bitcoin or investment guru. I’m just a bit of a chancer who got lucky really, nothing I’ve done is through strategic planning. I think I just got lucky, I can tell you first hand that there are people who have more coin than me here.

I most likely will become a multi millionaire by the time this bull run starts moving & at some stage I decide to start selling. If you want my advice it’s just put as much fiat as you physically can into bitcoin before the price goes up even more. A 10 to 20 x profit is possible if you start investing again now VB.

JJG, my strategy now is simple, after selling nothing last time (some might say stupidly) I will sell maybe 25 - 50% of my bitcoin which will set me up for life. I’ll never have to work again, hopefully. The rest of my stash I will HODL for future cycles.

I do have a few ideas as to how I will sustain a nice fiat income by using the money I take from this bull run to help sustain a life. You’re right, I will inevitably pump whatever fiat made from those investments back into bitcoin.

I think Bob said it some time ago, he finds it funny that the fiat he took from selling bitcoin in the past is invested to make more fiat which he invests back into bitcoin. Funny really when you think about it.

If I had a 4 figure bitcoin stash I probably wouldn’t sell any to be honest.

That low velocity is deceptive, imho.
If and when covid era would be over, one way or another, all those unspent trillions will come to the fore, money velocity will increase first to the baseline and then, if people notice increased inflation, it would go up and up and then we would be in the inflationary crisis. Everything predicts the reversal of the bond market at some point.

Another failure/refusal to disclaim.. #nohomo..

you fuck...

and fuck haikus, too

 


I see that you are really balling there, dude.  #nohomo

 


You are absolutamente koreck....

Such expression might be getting a wwwwwweeeeee bit worn out...

#homo_wannabe