Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8820. (Read 26609388 times)

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
...

JJG

Naah, just down here on vacation visiting my wife's family here in Peru.  Our kid, her husband and our 5 month old grandson just arrived back to the states.

Been buying and hodling for a long time, though in 2017 I bought gold and platinum with as its (BTC) price rocketed up, although I missed the tip of the peak.  Did very well in 2017 as my cost bases were very low.  Paid my taxes too (USA).

Did not sell at all in 2018.

If we get back to, say, $12,000 (I did not sell any during the the mini-spike we recently had), I will probably sell some BTC.  $15,000 probably some more.  $20k, a tranche more.  Etc.  Numbers approximate, but consistent with what I did in 2017 (worked out very well then).  But, I will HODL some always, at least until $100k or probably even higher.

Fair enough.  Sounded to me that you were concerned that you might not have had enough "use" avenues, so just wanted to clarify that you might not be slipping into some kind of BIG blocker jaded perspective.

I might not really agree with your various BTC sell thresholds, but it is good that you have a devised a tentative round about plan that you believe will work for you and your situation.  At least if you have some kind of plan, then you are more likely to act rather than getting paralyzed by the shock of whatever the BTC price dynamics develops into in the coming years.  Of course, it is possible that we never go above $12k ever again, and hopefully you have considered that possibility, too, in your tentative BTC management plan.  

Don't engage the account farmers please.

AIs can't differentiate. Smiley

I resemble that statement.   Angry Angry Angry
legendary
Activity: 938
Merit: 2540
<>


Thanks to everyone who participated! If you voted in this event, you received 1 merit; if your caption appeared in the first table above, you also received 10, and if your caption appeared only in the second table above, you also received 2.

so that's where those 11 merits came from...huh

Congrats, this is a world upside down, they reward the voters but nothing for the authors. Cheesy (ironic mode,)

Glad that the thread is selected.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Bitcoin 6k 2017! Bitcoin 6k 2018! Bitcoin 6k 2019! Bitcoin 2020?
Your post doesn't make any sense.

2019 for instance was fantastic, imagine buying on January 1 and selling at the end of June, difficult to expect such profit within such a short period outside the crypto world.
2020 will be quite poor though with a price not moving as much as usual. Could be wrong, we will see!

Didn't read much sense from you as well in the WO and way less out the WO  Roll Eyes  Kiss


It's funny that he started scam thread on one betting site here

https://bitcointalksearch.org/topic/m.51820682


yet is shilling for another in a self moderated thread that I linked the trust score for and he deleted.


https://bitcointalksearch.org/topic/m.53109232


Quote
The message they sent you was:

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
https://www.trustpilot.com/review/www.betfair.com


But there is a silver lining, I got a merit from Bitcoin Forum from the Deleted/Off-limits/Ignored section!
Code:
December 02, 2019, 02:46:30 PM: 1 from (Bitcoin Forum) for (Deleted/Off-limits/Ignored)
It's my favorite merit now and I never knew they actually got read there!
It's nice to know the mods read what these scammers delete out of their self moderated threads.

I'm thinking about leaving him some red.

Is this is the same guy that is in that non escrowed bet with LFC?

If so I would recommend LFC demand an escrow.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Yeah, that behaviour looks consistent with the types of bats I have seen. It's has been some time since I don't see them though. Go figure.

The type of geckos, according to google must be this one: https://en.wikipedia.org/wiki/Tarentola_mauritanica



In spanish they are called "Salamanquesa".

They are "big" (10-20 cm long) and somewhat "ugly", but they just come out at night to do their thing standing on the ceiling close to outdoor lamps where mosquitoes and insects are attracted.

During the day they just hide and sleep. During the winter, ie under 15 centigrade, they mostly hibernate.

I can't say I specially like them, in fact they used to disgust me, but now I am used and ok with em. They are completely inoffensive but my GF still has an irrational fear over them though. Trying to balance things...

cool, they look like little crocodiles with something in their mouths. Meh need to fix this shift key.





Plenty of small fish can survive in standing water and voraciously eat mosquito larvae.  

Our pond is a mosquito sink.  


We have fruit bats.  They hang out in the trees when flowering licking out nectar.

If fish live in it then it doesn't meet the definition of standing (which becomes stagnant) water unless those fish can breath air. There are some species of fish that can breath air and live in stagnant water but they are far and few between. Without circulation oxygen is not replaced in water so the fish will slowly suffocate.


Grin



You should have used a boat sinking because thats where those coins are. Grin


Don't engage the account farmers please.

AIs can't differentiate. Smiley
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
So hey guys, I had a bit of interest re my art submission, a couple PMs asking if they were available for sale.  Well, I have given it a little thought and talked with the guy that actually owns the plasma setup.

At this point I am just gauging interest to see if it is really worth burning a batch.  I'm certainly not wanting to annoy anyone or break any rules turning this into a for sale thread, just get a feel for if it might be worth my time to move further.  If there is interest I will be starting a dedicated thread.

I wouldn't really be making anything on the deal if it were to happen, but I would want to slip a bit to my buddy.  He is an independent maker/artist type and the plasmaCAM is an expensive bit of kit.

The desk ornament/bookend thing from the art thread would ship for $20 equivalent BTC.

Also, there is a new prototype, smaller, that another blacksmith buddy can value add into belt buckles;

     

Those would ship for $40 equivalent.  

At these rates domestic US orders would be slightly subsidizing international shipping and I would be hoping to break even.
  I would love to buy the bookend version. The belt buckle seems a bit big.
legendary
Activity: 3512
Merit: 4557
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
So hey guys, I had a bit of interest re my art submission, a couple PMs asking if they were available for sale.  Well, I have given it a little thought and talked with the guy that actually owns the plasma setup.

At this point I am just gauging interest to see if it is really worth burning a batch.  I'm certainly not wanting to annoy anyone or break any rules turning this into a for sale thread, just get a feel for if it might be worth my time to move further.  If there is interest I will be starting a dedicated thread.

I wouldn't really be making anything on the deal if it were to happen, but I would want to slip a bit to my buddy.  He is an independent maker/artist type and the plasmaCAM is an expensive bit of kit.

The desk ornament/bookend thing from the art thread would ship for $20 equivalent BTC.

Also, there is a new prototype, smaller, that another blacksmith buddy can value add into belt buckles;

     

Those would ship for $40 equivalent.  

At these rates domestic US orders would be slightly subsidizing international shipping and I would be hoping to break even.
legendary
Activity: 2968
Merit: 1895
...

JJG

Naah, just down here on vacation visiting my wife's family here in Peru.  Our kid, her husband and our 5 month old grandson just arrived back to the states.

Been buying and hodling for a long time, though in 2017 I bought gold and platinum with as its (BTC) price rocketed up, although I missed the tip of the peak.  Did very well in 2017 as my cost bases were very low.  Paid my taxes too (USA).

Did not sell at all in 2018.

If we get back to, say, $12,000 (I did not sell any during the the mini-spike we recently had), I will probably sell some BTC.  $15,000 probably some more.  $20k, a tranche more.  Etc.  Numbers approximate, but consistent with what I did in 2017 (worked out very well then).  But, I will HODL some always, at least until $100k or probably even higher.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Innovation in BTC

Quote
Relatively new initiatives and show a more complete picture of Bitcoin stack technology.



Users when using Lightning can make transactions privately on the use of additional techniques and network layers, such as Tor, from here the percentage of private use of the lightning network can be estimated by analyzing the number of channel opening transactions in the chain compared to the number of public channels outside the chain.


Source: https://medium.com/@LucasNuzzi/a-look-at-innovation-in-bitcoins-technology-stack-7edf877eab14


Very interesting chart on innovations of Bitcoin.  I hope to see many of these adopted as well as articles on how to use them.

BTC still needs a lot of work to become more secure, private and easy to use (yeah, I know some of those contradict to some degree).  Still, ease of use will help both merchants and consumers consider using BTC.  I am here in another country which has very, very little BTC usage, but is has grown since we were here some eight months ago.

Are you in a country in which you are able to buy, accumulate and HODL BTC, and who cares if you can use it or sell it?  Maybe put off the selling and using until some time into the future?  5-10 years might be o.k?  In the meantime, could be buy, accumulate and HODL are good enough short to medium term strategies, no?

JayJuanGee, building a wall is not a discretionary budget item, it's a lifestyle.

Hm?  Maybe dee roach is capable of learning?  

I had my doubts, but for some strange reason you seem to be coming around a little bit.

So now that you becoming more learned, maybe you might want to considering buying some BTC instead of holding out for sub $700, which is not going to happen?    Tongue Tongue



I cannot think of one person who would engage in such BTC laddering complexiting behaviors.  Get real. Roll Eyes
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Digitizing existing fiat funds will be a smart decision to get a more stable financial system in the world that is not specifically tied to the dollar, as is the case in big business. Bitcoin is seen as a custodian of value, why not banks to develop their own coins.

Of course, it seems that in the short to medium term we are going to witness all kinds of playing around when it comes to various entities getting in the money printing business, and of course, BIG banks that are tied to a variety of national currencies have already been in the process of printing money and digitizing money for years and years and years, so I am not sure if there is anything new going on in terms of the bank money printing business.

Bitcoin has surely drawn some attention to the money printing "problem," so I doubt that digitizing is really the hinge about what is going on and what are the dynamics and incentives that bitcoin brings to the whole world financial system that has gone down a road of ongoing money printing problemas.

In the end, whether BIG banks digitize or not, they are likely NOT going to be able to control ongoing evolution of public sentiment that is likely to progress because of systems like bitcoin, so yeah, it could take decades to work out the various battles, yet so long as bitcoin does not screw up, seems like the vast majority of value is going to continue to gravitate into bitcoin, even if there are various kinds of smoke and mirror attempts from various status quo financial institutions that might attempt to suggest that bitcoin brings digitization of money when in reality bitcoin is really bringing responsibility in terms of money.. and in terms of really having a rules system that is enforced by nodes that will likely continue to incentivize responsibility within bitcoin, and central systems do not really have anything that incentivizes them to compete with bitcoin because ultimately centralized systems devolve into money printing - and bitcoin is, so far, the best incentive structure that is enforced by massive computer decentralized proof of work that reframes the whole monetization away from printing more coins.

Don't engage the account farmers please.

Did someone die and put you in charge of my ability to exercise posting discretion?

What a world, what a world!!!



What would really drive worldwide adoption?

Biometric scans and mobile devices, maybe?
This means everybody must have a smartphone or device that is able to process QR codes and do OCR (scan bitcoin addresses), which is additionally offering a retina-scan camera, fingerprint sensor, saliva-analyzer or similar, to make sure that only the owner of the device can access the private key, decrypt the seed, handle transactions (and so on).

As cool and clever BTC might be, as hard and risky it is to use for average joe. He wants to flick an rfid card, maybe enter a short pin code, but that's it. Everything more inconvenient will scare him off, and average jane even more. Simple interfaces using secure backend solutions.

Don't call me names, i'm just brainstorming.
Who wants to join?

Brainstorming has a simple rule: No criticism allowed.
Instead of "You can't do X, because Y..." it's "To achieve X, you need to realize Y first, (which is dependent on A,B,C...)"
It's strictly constructive.

Anybody in?

EDIT: Maybe there's an existing thread, please point me to it if you know. If not and this starts to get somewhere, i'd start a new thread and ask the mod to move over existing comments.

Might be a good topic for a new thread.., especially if you don't want the questions and answers to get lost in the mess...  and of course, sometimes brainstorming does involve criticisms... these here are the interwebs.. not necessarily always the safest of spaces, and does it really matter if people criticize from time to time?... you fucker.

  Shocked Shocked Shocked   Cheesy Cheesy Cheesy  Cheesy Cheesy
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow


A non-retard viewing this chart would come to the conclusion all it shows is Bitcoin's failure as a payment system because short term coin turnover has been decreasing instead of increasing or even remaining the same.  If you look at the 1 day turnover, Bitcoin was more of a payment system in THE YEAR 2013 than it is now.  This chart spells out in plain English Bitcoin functions solely as a Ponzi scam and not as a payment system.  But imaginary, valueless timestamps aren't possible to be a store of value like idiots claim, so this will be one of the biggest bubbles and collapses in world history.

The purpose of money is to transfer value from the present to the future.  To do so requires being a non-perishable, physical commodity resource.  Bitcoin is not non-perishable.  It can die at any second from numerous black swans or by simply falling out of favor.  It's a classic confidence game scam in other words like every other currency (as opposed to actual money).  This is another reason money is required to be a physical commodity resource, because a commodity resource like wood, copper, or silver can't just magically fall out of favor.  They'll still have all, most, or even more utility than yesterday.
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
Bitcoin can't be directly adapted to replace cash

And there's no reason anyone would want it to, fucking morons.  "Blockchain" is a government tracking and control system that abolishes the 5th amendment and monitors goyim slaves in real-time like cattle.  The goal is to flag anyone's 'coins' as 'tainted' if your social credit score isn't high enough, then the extremely centralized AML/KYC transaction validator mining warehouses say the government has flagged your coins unspendable.  Why would ANYONE want a 'blockchain' attached to anything you do?  They WOULDN'T.  It's a dystopian, permissioned ledger for idiotic bugmen that just empowers an absurdly tyrannical state.

Money is required to be both fungible and a physical commodity.  Digital shitcoins are neither.  They're nothing but imaginary, valueless timestamps in a government surveillance grid - another fiat 2.0 scam.  The only people who hype this garbage and try to trick people into using it instead of physical metals are fucktard pump and dump scammers like yourself hoping to acquire some type of personal gain by tricking people into using them.  The above self-righteous douchebag even claims he's some type of inherently good person while shilling for the most tyrannical slavery system ever devised in human history.
sr. member
Activity: 728
Merit: 317
nothing to see here
everybody must

no

no look apart from that, you're starting with the assumptions that worldwide adoption is desirable and that bitcoin should be adapted to average people.

Yes, but not directly. As some kind of backend. Bitcoin can't be directly adapted to replace cash or debit cards. Not even Bitcoin, but more like some kind of a bridging solution. Like lightning is already addressing confirmation delays and scaling problems, just trying to bring it a little "further". Fiat and government controlled eCash can't be the only options to bring bitcoin to a wide acceptance.

So there's no "yes, and/if..." variant of your "no, look..." comment?
Think about it.

I am way to tired to continue (today).
Have a good night, y'all  Smiley
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
Grin



I like the look of that graph, yet I am wondering whether it is behind a paywall or within an application?

In other words, I was trying to find a way to quickly link to such graph on a live basis - presumably through the https://coinmetrics.io/cm-network-data-pro/ website.. or maybe somewhere else?    Anyone?

There is a very similar graph I used in my monthly commentaries: HodlWaves




Quote

The colored bands show the relative fraction of Bitcoin in existence that was last transacted within the time window indicated in the legend. The bottom, warmer colors (reds, oranges) represent Bitcoin transacting very recently while the top, cooler colors (greens, blues) represent Bitcoin that hasn’t transacted in a long time. Bitcoin’s money supply grew from 50 BTC to ~17M BTC over this time period, so the chart has been normalized by the BTC in existence at each date (left y-axis). The black line shows the USD/BTC price (logarithmically, right y-axis). Chart lovingly made by Nelson Morrow based on prior work by @jratcliff [Direct Link]



Is it just me, or is the second one less intuitive than the one posted by Globb0?  I am having some trouble getting the information from the second one, by you fillippone, to really sink in for me.

I think the second one is less intuitive and “easy” to immediately get, but when understood, being scaled to %age values,  more informative.

Basically when lines point down, this means that the %age of hodl coins rises, because, basically transacted % goes down too. Viceversa, when lines point up! This means that trading is surging,as the moved coins are a bigger part of the total.

Ultimately it’s down to personal preferences, and I think both graphs are very nice!

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Grin



I like the look of that graph, yet I am wondering whether it is behind a paywall or within an application?

In other words, I was trying to find a way to quickly link to such graph on a live basis - presumably through the https://coinmetrics.io/cm-network-data-pro/ website.. or maybe somewhere else?    Anyone?

There is a very similar graph I used in my monthly commentaries: HodlWaves




Quote

The colored bands show the relative fraction of Bitcoin in existence that was last transacted within the time window indicated in the legend. The bottom, warmer colors (reds, oranges) represent Bitcoin transacting very recently while the top, cooler colors (greens, blues) represent Bitcoin that hasn’t transacted in a long time. Bitcoin’s money supply grew from 50 BTC to ~17M BTC over this time period, so the chart has been normalized by the BTC in existence at each date (left y-axis). The black line shows the USD/BTC price (logarithmically, right y-axis). Chart lovingly made by Nelson Morrow based on prior work by @jratcliff [Direct Link]



Is it just me, or is the second one less intuitive than the one posted by Globb0?  I am having some trouble getting the information from the second one, by you fillippone, to really sink in for me.
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
Jews claim that they can "listen in on any conversation regardles of the level of encryption":

https://dailystormer.name/cyprus-police-seize-an-israeli-spy-van/
member
Activity: 119
Merit: 19
Uptrend to resume next week with a parabolic move. Or maybe the next week as I have a penchant for jumping the gun.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
Grin



I like the look of that graph, yet I am wondering whether it is behind a paywall or within an application?

In other words, I was trying to find a way to quickly link to such graph on a live basis - presumably through the https://coinmetrics.io/cm-network-data-pro/ website.. or maybe somewhere else?    Anyone?

There is a very similar graph I used in my monthly commentaries: HodlWaves




Quote

The colored bands show the relative fraction of Bitcoin in existence that was last transacted within the time window indicated in the legend. The bottom, warmer colors (reds, oranges) represent Bitcoin transacting very recently while the top, cooler colors (greens, blues) represent Bitcoin that hasn’t transacted in a long time. Bitcoin’s money supply grew from 50 BTC to ~17M BTC over this time period, so the chart has been normalized by the BTC in existence at each date (left y-axis). The black line shows the USD/BTC price (logarithmically, right y-axis). Chart lovingly made by Nelson Morrow based on prior work by @jratcliff [Direct Link]


legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
dude can you do your account farming somewhere else please?
we're busy here


They have, literally, the rest of the entire forum for that shit.

thanks for the cleanup, I see the thread shortened a bit.
legendary
Activity: 2702
Merit: 2053
Free spirit
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