Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 9240. (Read 26714193 times)

It's curious, due to its low correlation, Bitcoin can substantially increase the portfolio with traditional assets.

Correlation (2/1/2012  7/31/2019)


Source: https://bitcoinist.com/bitcoin-has-potential-to-boost-investment-portfolio-returns-vaneck-says/

I doubt Elwar took offense. But if he did, and stopped posting here, how would we know he didn't lose it all in an unfortunate seasteading accident?

Get real. I am merely responding to your literal fucking words. If you don't mean to imply that BSV itself is a scam, then don't say "as far as BSV is concerned, well let's not. Its been proven an outright scam". Because that would be lying, you conniving bastard. And lying is scammy behavior. Should we all tag you now?

Defend your statement. Or retract it. Any other path forward for you would be dishonorable.

Unlikely to be approved mic but if it is then expect a significant pump. It just provides people with a safe platform to buy. It would bring confidence to the market & average joe’s can buy through their tool.

No slight intended. If Elwar took offense, I guess I need to recalibrate my sarcastometer.

Well it ain't Bitcoin, but it is at least of some academic interest:

https://electriccoin.co/blog/halo-recursive-proof-composition-without-a-trusted-setup/

The Electric Coin Company (you know - Zooko's Zcash guys) have found a way to eliminate the trusted setup vector. Well, if the research stands up to scrutiny, anyhoo.

CNBC report on the Bitwise ETF:

https://www.youtube.com/watch?v=h8FSrq-X1Ms

I seriously doubt that it will be approved. Nothing has changed with the market since the other denials.

With so many denials over the years this one is much antcipitated to make it through. The counsel which were discussing about it didnt spend but 15 minutes to make a decision so they didnt have enough substantial reasoning to have it approved at the time without any major institutional entities coming forward. But now with bakkt and bitwise coming into play they cant come to that conclusion this time around.
More can be read on how these two will make an impact on the decision come sunday/monday.

https://beincrypto.com/bitwises-bitcoin-etf-expected-to-be-approved-in-less-than-a-week
https://cryptobriefing.com/bitcoin-etf-bitwise

or



Pfffff  good memories  

Don't try to make this an argument of semantics when you know full well what I'm referring to. That's weak sauce.

Its a fork of a fork being peddled by two of the biggest charlatans in the crypto space as "the real bitcoin." It is not. Its a copy of a copy of somebody else's invention by a man who is claiming it to be his own.

CSW is a conniving pathological liar who sold the whole premise of his coin based on the lie that he is Satoshi Nakamoto. He is not. He doesn't know what Satoshi wanted from a hole in the ground.

You can continue to believe otherwise and we will continue believing that you are some sort of weird cultist.

As it is unlikely that Craig will be able to pull any more rabbits out of his ass and Coingeek won't be able to publish them, there is no reason why this coin will ever regain any of its former price.

There's already a big block experiment: BCH. Why wouldn't big blockers just stick with that one?

You guys really shot yourselves in the foot during your whole civil war ordeal.

16K ocT canT waiT 🚀


https://twitter.com/moonshilla/status/1181945772176285696?s=20

dude, be kind to Elwar

the world needs people like him

our intrepid Bitcoin explorer/pioneer

Equities are at/near all-time highs.

Bonds all-time highs.

Real estate all-time highs.

Venture Cap/PE all-time highs.

Precious metals multi-year highs.

...All made possible by QE.

A compelling argument can be made that BTC is the most undervalued asset in the world today.
https://twitter.com/Travis_Kling/status/1181960926687158274?s=20

Shrewd move


Fuck off, you nauseating little fart nugget! ignored

And to the rest of you. It was a wrong that needed to be righted. Adam is a fucking hero and all-around great guy and deserves to have his stamp on his creation.

At least the right wing nutters of old could take some talking to. Who knew that the 2017 recruits of semi-fascist assholes were a bunch of snowflakes and delicate flowers?

What would that mean if approved?

You mean you did not lose it all in an unfortunate seasteading accident?

I'll cover for him. Today is a special day for r0ach, he's finally reaching puberty and is attending his bar Mitzvah at his local synagogue. This is the message I was bestowed to deliver.

"Craptocurrency, no schelling point, kikes jews, silver silver silver, bitfinex scammers and cuckolds."  

Congrats r0ach, pizza pocket gaming party in mom's basement today!

But really, @g-uid   We do our best not to quote that stench however I think you were being sarcastic.  

Defend your statement. In what way is BSV -- the blockchain, the payment system, and the protocol -- a scam?

Thx Vssssssss
8s are good start for power and big cars / blocks, nice
I m sure u are no Tesla fan, right?

True old V8 ers are legends

Pretty much I respond to substantive points, if they interest me, and/or if I believe that they might be decent talking points, including that some of the talking points are ones that a lot of readers of this thread (even active participants) might be going through, but they might not have presented some of their own personal details. 

So, yeah, even if I might find some of your (Bob's) emotional swings to be a bit annoying, and surely I acknowledge that you do not necessarily read my posts (which is only quasi-relevant in my thinking), but the specificity that is presented through your own turmoils can often be quite helpful as a talking point for others because, even if you might conclude that some of the perceived tragedies are only happening to you, they are also happening with several other people, even if the amounts might differ or the causal factors likely vary, too.

So, whether you (Bob) read my responses or not, guys (and maybe gal) can also sometimes get confirmation that the practice that they follow is comparable to mine or differs from mine for reasons x, y or z, but it still possibly allows for a brainstorming over how to deal with what many of us have already determined to be nearly inevitable BTC volatility that sometimes goes in anticipated directions (over the long term), but over the shorter term can really cause considerable stress.  Nonetheless, if we attempt to employ mechanisms to lessen our own psychological and/or financial stresses, then we can sometimes also both benefit from the volatility, and perhaps spend more time on some of the other areas of life that either bring us pleasure or that we have to deal with (which also can be taxing on both our psychology and our finances).

For sure, when guys (and gal) implement their own strategy(ies) to have both cash-on-hand and bitcoin that is staked in the game, they want to figure out what is comfortable for them in terms of their preparations for possible emergencies.  And, yeah, of course, sometimes we know that some emergencies, such as your hot water heater issue, is almost inevitable to happen, even if we don't really know the specifics, so we either have to have cash on hand that can deal with those kinds of issues or be ready, willing and able to cash out whatever portion of our BTC stash in the event that we had chosen to keep our value in BTC rather than in dollars.

Several times, I had mentioned my own situation in November 2018.  From about February/March 2018, I knew that sometime in late 2018, I was going to have some pretty BIG bills in dollars coming in to me, and I had thought that I had adequately prepared for such situation by holding a decent amount of fiat in reserve out of anticipation of my quasi-known expenses.  However, when the actual bills came in, they sort of all came in at once in a way that was outside of my anticipation in that there were both cost overruns as well as some likely lack of preparation from myself in terms of how much fiat that I had kept on-hand to deal with such quasi-known expenses. 

So, in some sense, I kind of failed (at least way the fuck underperformed in my own assessment) in following my own btc/dollar practices, and yeah, what timing that came with an additional 50% BTC price fall from supra $6ks to nearly $3k (that happened pretty quickly but started on about November 15), and I ended up having to cash out about 4-5% more of my BTC stash at an inopportune time in a BTC price range that was in the $3,800 to $4,200 arena.  Over the next 4 months - between December and March, I was able to buy back some of those sold BTC (perhaps about 30-35%), but I have been still kind of kicking myself mentally regarding how I can learn from my own underperformance in terms of my already existing BTC strategies and the situation that was in front of me and how my kind of over-exposure and unrealized expectations (a kind of gamble that I did not sufficiently calculate that I was engaging in) that BTC prices would stay above $6k during the expected time in which I might have needed some additional cash. 

By the way, when I cashed out my about 4-5% more BTC than I had wanted to, part of that cashing out was to prepare for the possibility that BTC prices might dip even lower, even considering extreme possibilities of as low as sub-$2k, so even though in mid-to-late November, I likely had enough cash on-hand to cover my then quasi-expected and overblown expenses, if I had spent all of my cash on those particular expenses, I would have been totally fucked if BTC prices had gone below $3k and even worse fucked if they had gone below $2k.. so I felt that I had to cash out the amount that I did for those eventualities (that as we know did not end up going below $3,122).