Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8900. (Read 26607949 times)

There's no reason for anyone to have interest in segwit now that everyone can see how LN actually functions, which is why the second person to reply to the Satoshi mail list - James A. Donald - says virtually the same thing I do, that it's garbage.  Bitcoin is already designed to turn into a permissioned ledger because tokens are non-fungible and transaction validators are designed to centralize, and Lightning Network is even more of a centralized, permissioned ledger than Bitcoin is.  

If the original Bitcoin whitepaper stated what modern day Bitcoin actually is - "I envision the system having a multi-sig of only 1-10 block producers at most at any given time - he would be LAUGHED OUT OF TOWN.  That's basically the definition of Solidcoin for fucks sake.  In the very near future, it's 100% inevitable you'll need to ask permission from a US govt or Chinese communist controlled AML/KYC regulated mining pool in order to do anything with Bitcoin. Physical metals do not have built-in, rent seeking middleman that you have to ask permission from to do anything while also attempting to extort you for fees at the same time to move coins you supposedly own.

Bitcoin post-regulation is an even worse version of Paypal.  It's like Paypal but with higher fees and a permanent record of all transaction history for anyone in the world to view, so it abolishes the 5th amendment making it so you're tracked and audited in real-time, and any tiny mistake will have the book thrown at you like receiving an automated traffic light ticket.  The only thing propping up this bullshit now is people pretending this regulation is not going to happen and that they'll somehow make Ponzi scheme profits off artificial scarcity, Keynesian, halving events.

Well. I just bought $617 usd worth of Bitcoin.

I figure it this way:

1) I have a hoard, so it better not go beanie baby tulips

2) we have approached or near-complete miner capitalization ...too many miners vs price of BTC. Also, 60% or more that are dropping off the network are Litecoin L3+'s (scrypt that

folk used to mine and convert to Bitcoin and S9's Bitmain miners.....that is a lot of miners of the same type to dump out of the network in miner capitalization at one time!... Thus price dump,

IMHO. With the above miners being at least 60% of the miner's mining at this point that is a big, big, hit. So miners hodl'ing less and selling more for usual data hall bills etc.

3) see (2) ..miners must sell to keep and pay bills on data hall electric or whatever and adds to the price dump. Also used to be big hodl'ers for the time being not so much!

4) I see 'eventually' at least $10k BTC coming back someday so HODL mode. Thus anything I buy below 10K price is a win at these prices.

anyway, we had too many miners that ran up difficulty too high and price vs BTC adoption by the masses...that will probably take past the BTC halving to be digested...it could be we

may not see $10k till 6 months or beyond the halving (see past halving).

so I HODL, assume at least $10k will come back again, count on the halving in 2020 and just hunker down and accumulate

if I don't think that it will ever hit $10k BTC again, then a person should sell at least half if not all their BTC if they think this as good as it ever is gonna get...

so anyway, any coin I get from now on I look at it as a percentage of $10k and set it aside, no miners in my future, sell crap from the attic on ebay (attic mining) to buy BTC seems

the most senisble way I can accumulate BTC now.

5) this too shall pass

anyway, how I approach this now from my somewhat warped view on yes BTC will again get to $10k so what am I gonna do in the meantime?

later

brad

(eBay: yech...but hey cubicle work on eBay selling to get BTC works also..if you have a lot of crap to get rid of..but damn it is soooooooo boring!)

...

AlcoHoDL asked a reasonable set of questions.  Not all of us have lots of time here at W.O. nor are programmers.  We are all learning.  I too would like to know the right answers.  I don't like to spread any FUD nor anything negative.

Lauda replied with unnecessary venom.  That likely means that s/he was having a bad day, even for a grumpy kitten.  Lauda, I hope that your day is going better now.  

Peace.  <-- Lauda, get you some.  You'll feel better.

The Bitcoin market, the shortage is part of the hope of higher market prices.



Source: https://twitter.com/coinmetrics/status/1196829503970041856


Source: https://bitcoinist.com/bitcoin-supply-less-than-18-million-coins-due-to-locked-wallets/

no problems with concerns.. there is a lot of info/fud out there, mostly conflicting of course. basically, just keep researching and form your own opinion.

fwiw i too keep the bulk of my coin in legacy addys, and have no real interest in segwit at the moment. of course, this is probably more from laziness than any other single factor.

BTC going down, gembitz is back but I feel comfortable... damn bear market of 2018 has made me numb... should borrow the titanium plates from Bob  

If you think vaccines don't have detrimental side effects, go get yourself a whooping cough/tetanus combo vaccine right now - the #1 most dangerous vaccine of all (at least for cognitive function).  You probably won't even be able to concentrate to read this forum for a day or two after.  It's also rather hilarious how they run commercials specifically for this vaccine trying to get people to take it and seemingly none of the others.  Just like they recently started running commercials trying to get old people to take not regular, but EXTRA STRENGTH flu vaccines every year, even though the flu vaccine isn't even effective vs the flu.  

It's obviously part of a eugenics kill off plan.  The central planner technocrats don't want 100 year old boomers sucking down resources for eternity being a burden on the state.  But it seems they're also negatively impacting young people too.  You can argue about whether eugenics is necessary or not given a lack of natural selection to govern human genome and overpopulation, but the real issue is that the eugenics seems to be targeting 1st world, K-selection white people who don't reproduce out of control as much or more than 3rd world, brown people who do, making the eugenics totally pointless.  

We essentially have anti-white, pro-brown people eugenics with a bunch of evil Jews cheering for it due to their murderous hatred of white people.

You're using a metric ruler bro. That's 10cm  

Good afternoon WO!
Observing @ $panic

$730+ down in the last 11 ours.



HODLing time!

The problem with all these new engines is no form of post processing belongs in ANY real-time game WHATSOEVER.  UE4 has stacked post-processing and other garbage to the moon resulting in the most bogged down render pipeline ever.  Frostbite began as an FPS engine, so they had somebody on the team to tell idiot project managers and noob programmers that you cannot have 100ms input lag in a FPS game resulting in Frostbite being a more lean, higher performance, and less laggy engine.

Frostbite games like Dragon Age:  Inquisition also look as good or better than any UE4 game.  All UE3 games had the same generic look to them, usually with lots of specular highlight abuse, lens flares, and such.  I thought UE4 would change that, but UE4 games also seem to have a similar, easily noticeable blah to them.  This is not to say Frostbite is perfect, it's definitely worse for real-time response than pre-id Tech 4 engines.  Id Tech 3 marked the last of the actual decent real-time engines, and just about everything Id Tech 4+ was straight downhill.

IW engine is based on Id Tech 3, so it might be good, but I haven't played any Call of Duty games to really try it out.  I imagine they've probably bastardized it to a sluggish response, pseudo-non-realtime engine after numerous Call of Duty iterations over an entire decade, but maybe I'm wrong.

Why are you expecting a pull back soon please?

Didn’t do an art submission, might just send my cock in with a BTC logo on it & a ruler next to it - 1 inch per birthday’s that the forum has had.

Sssssjjjj let is do a proper 3K up only don’t lose the number over a few weeks .....

Listen, Bitmain shill.  Tell your Chicom leaders in Beijing anyone flying a Jewish hammer and sickle flag is the enemy of mankind, and unless you consider yourselves to be Jew slaves, you should probably get a new flag. Make some new flag with a panda or dragons on it or whatever, just get rid of your stupid, Jewish slave flag.  Communism is not a Chinese invention, it's a Jewish invention - more like a method of attack on other civilizations.  

Short-term doesn't count.

7k test then 5k test possible the Christmas rush drug orders filled so suppliers must cash out? reee

Will it bounce back near 7200-7300$ support as it did last time ? That's a million dollar question.
By the way i am expecting a pull back soon that will take us again above 8000$.

You did a good job.

holy shit

30 merits from Theymos for my art thing

kinda takes the sting out

https://www.youtube.com/watch?v=weUhBGA8mxo

Not sure what kind of pathetic excuse for men are selling atm. Unless you’re part of an orchestrated whale movement then selling now is pathetic.

Anybody selling now doesn’t deserve the joys that await in 2021 & beyond.

Pathetic!