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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Well he is right. Breaking Bitmain's dominance would be a good thing.
Sure. But not that way. Change of PoW is a last resort and extremely risky option. It's just one step lower than pushing the mutually-assured destruction button. It is more of a deterrent than a practical alternative.
The guy doesn't even hold BTC. No wonder he doesn't fear the consequences of taking that action lightly.
Also, it seems that if he ever had BTC and sold it, he didn't pay his taxes. He doesn't even check the tax report he submits it seems (or he should already know what is and what isn't automatically reported and included).
I still remember the level of stupidity he showed when he asked for the price his donors paid for the BTC donated to him. And when people tried to tell him how wrong he was, he didn't listen.
He is a good coder though.
If you consider Leaving out the most important part good......Documentation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Ok question for the snowbirds. I know you're here. Is Quadrigacx above board? I have no reason to doubt they are, but I've never trusted them before with large amounts.
Above board yes but they have issues lately.
Cash Delivery takes about a week, 3 - 4 days before they send it and they will give you a tracking number that won't even ship for another two days. Like they think you'll be fooled by getting a tracking number.
Don't bother paying the extra fee for express bank transfer, it takes the same time as regular - 8 - 10 business days.
If you have an offshore account find another exchange (my current challenge) They will not send transfers to banks that use an intermediary.
Withdraw to visa is gone
Interac transfer is gone
Fees are high
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
[edited out]
I don't like to be very specific to avoid profiling (as if anyone would be interested in profiling me... call me paranoid). I will try though:
1) $100K would be ok. ...
I hope that has covered all the questions without giving more information about me than I would be confident. Oh and I already have a nice home, fine car and am completely DEBT FREE (Not thanks to Bitcoin as I have never cashed out a single penny yet). And no children nor family to support. That makes my current needs very modest and easy to fullfill, even if for the rest of my lifetime (not there YET... unless I were to die in a decade or two).
I think that you have adequately answered all of the questions. so thanks for that. I don't really believe that we need to disclose any of our specific BTC holdings in order to discuss at what levels of prices would allow us to make substantial life changes due to BTC price rises (or anticipated rises).
Sometimes you will find me and others baiting posters into disclosing aspects of their BTC holdings and surely any of us will understand if you keep some of your specifics private.
I believe that with a large number of traditional investments, they theorize that you should be able to withdraw around 4% per year from your investment in order to maintain the principle in the long run... It is possible that bitcoin could perform so well that it allows for higher withdrawal rate levels that would still preserve the principle - including the possibility of 10% per year withdrawals... but conservatively 4% is usually safe with a traditionally diversified portfolio of investments....
so one thing is withdrawing and maintaining the principle, and another thing is if you decide to draw down on your principle as well of course none of us will live for ever and one of the most certain things in our life is that we are going to die.. not meaning to end on a negative note.
NOT.
Dumbass
Which part? Are you signing and referring to yourself, or did you have some kind of an emotional outburst that you could not contain?.
Might you NOT understand that a large portion of any battle when interacting through quasi-anonymous forums is not to lose your cool?
The principle seems to apply in real life interactions, too... that is assuming that you are a person rather than a bot.
I'm mostly a bot.....
The highlighted part is almost exactly what I said before, so since I am a dumbass you must also be one. You don't have to lose your cool, It's ok to be a dumbass. Just accept it, embrace it.
When people get emotional, such as you are, they say all kinds of stupid and inconsistent things based on incomplete thoughts, as you are.
If you are going to say something, then why don't you flesh out your ID-ers a little bit, and 'splain a bit about what the fuck you be talkin bout....
Otherwise you impress ur selfie as a babbling troll-like creature that won't be lasting too long in these here parties.
Accordingly, I hardly remember our conversation and you be dwelling and harping and harping on something and going on and on about something that ain't nuttin in ancient history (by the way, a day or two ago is ancient history in bitcoinlandia, including the Wall O'threadia )... GET a fucking grip, grn!!!!!!!
OMG Can't stop laughing, you're hilarious.
PSA: you might wanna lay off the crack pipe a bit
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
[edited out]
I don't like to be very specific to avoid profiling (as if anyone would be interested in profiling me... call me paranoid). I will try though:
1) $100K would be ok. ...
I hope that has covered all the questions without giving more information about me than I would be confident. Oh and I already have a nice home, fine car and am completely DEBT FREE (Not thanks to Bitcoin as I have never cashed out a single penny yet). And no children nor family to support. That makes my current needs very modest and easy to fullfill, even if for the rest of my lifetime (not there YET... unless I were to die in a decade or two).
I think that you have adequately answered all of the questions. so thanks for that. I don't really believe that we need to disclose any of our specific BTC holdings in order to discuss at what levels of prices would allow us to make substantial life changes due to BTC price rises (or anticipated rises).
Sometimes you will find me and others baiting posters into disclosing aspects of their BTC holdings and surely any of us will understand if you keep some of your specifics private.
I believe that with a large number of traditional investments, they theorize that you should be able to withdraw around 4% per year from your investment in order to maintain the principle in the long run... It is possible that bitcoin could perform so well that it allows for higher withdrawal rate levels that would still preserve the principle - including the possibility of 10% per year withdrawals... but conservatively 4% is usually safe with a traditionally diversified portfolio of investments....
so one thing is withdrawing and maintaining the principle, and another thing is if you decide to draw down on your principle as well of course none of us will live for ever and one of the most certain things in our life is that we are going to die.. not meaning to end on a negative note.
NOT.
Dumbass
Which part? Are you signing and referring to yourself, or did you have some kind of an emotional outburst that you could not contain?.
Might you NOT understand that a large portion of any battle when interacting through quasi-anonymous forums is not to lose your cool?
The principle seems to apply in real life interactions, too... that is assuming that you are a person rather than a bot.
I'm mostly a bot.....
The highlighted part is almost exactly what I said before, so since I am a dumbass you must also be one. You don't have to lose your cool, It's ok to be a dumbass. Just accept it, embrace it.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
[edited out]
I don't like to be very specific to avoid profiling (as if anyone would be interested in profiling me... call me paranoid). I will try though:
1) $100K would be ok. ...
I hope that has covered all the questions without giving more information about me than I would be confident. Oh and I already have a nice home, fine car and am completely DEBT FREE (Not thanks to Bitcoin as I have never cashed out a single penny yet). And no children nor family to support. That makes my current needs very modest and easy to fullfill, even if for the rest of my lifetime (not there YET... unless I were to die in a decade or two).
I think that you have adequately answered all of the questions. so thanks for that. I don't really believe that we need to disclose any of our specific BTC holdings in order to discuss at what levels of prices would allow us to make substantial life changes due to BTC price rises (or anticipated rises).
Sometimes you will find me and others baiting posters into disclosing aspects of their BTC holdings and surely any of us will understand if you keep some of your specifics private.
I believe that with a large number of traditional investments, they theorize that you should be able to withdraw around 4% per year from your investment in order to maintain the principle in the long run... It is possible that bitcoin could perform so well that it allows for higher withdrawal rate levels that would still preserve the principle - including the possibility of 10% per year withdrawals... but conservatively 4% is usually safe with a traditionally diversified portfolio of investments....
so one thing is withdrawing and maintaining the principle, and another thing is if you decide to draw down on your principle as well of course none of us will live for ever and one of the most certain things in our life is that we are going to die.. not meaning to end on a negative note.
NOT.
Dumbass
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Quote
Various hardware:
850Ths SHA256
4Ths X-11
150Ghs Scrypt
850Ths SHA256
4Ths X-11
150Ghs Scrypt
holy shit! r u really doing 850Ths?
Got some pics of your rig?
How long have you been doing it?
How much $ is your power?
Whats your ambient temp?
Do you use server PSUs? Do you have custom PSU looms?
andrew@perceive.nz
Most of my rigs are hosted
Sorry no porn for public use
Got my first S1s early 2014
Home power roughly $800/month, a few miners here
Home miners ambient this week is 1 deg C hosted I don,t know
I use APW++ and EVGA 1300s
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
[edited out]
Dude, i'm not a shill, just a noob miner. Just recently started mining in 2013 and still keep half the coins I mine in cold storage. My dumba$$ lifestyle does require fiat on a regular basis.
Where would bitcorn be without us dumbass miners to secure and process ?
Maybe the dumbass part is that you subsequently explain a context that makes more sense? Initially, you made a description that suggested that there is some kind of decent and widely applicable practice that is good to be taking 50% of your profits in fiatNever said that. I said "I sell 50% of my earnings daily"... when the more accurate description seems to be that supposedly, if you are to be believed with your shifting storyline, you are earning income in bitcoin and thereafter you are attempting to invest (or HODL) 50% of the coins...
In other words, your initial post were misleading, if you are attempting to be descriptive about what you are doing... so maybe the dumb-ass part is that you seem to be engaging in purposeful shifting of your story and attempting to mislead? Hopefully you can work on that.
No shifting storyline, re-read the thread "I sell 50% of my earnings daily". Actually its more of a hobby, not my main source of income
EDIT: I'd rather be a dumbass like me than smart like you
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
It is a little mind boggling that anyone would sell during the weekend knowing they could sell for 10-20% more on Monday. Can a bear explain the mentality?
I'm not a bear but I will try to explain following a simple strategy that helps me sleep at night:
I sell 50% of my earnings daily, regardless of price.
Invest -> Profit -> Protect
My strategy that helps me sleep at night is to convert all my daily earnings to bitcoin, regardless of price.
becoin = smart
grn = dumbass
JayJuanGee = ultracrepidarian
I am actually a happy, financially diversified dumba$$
Seems like I be learning new words from the WO BIG hitters, yet I am not too sure if I am going to be able to use it any time soon... perhaps? perhaps? Usually, need to hear an idea several times before it sinks in.
Regarding your being happy, I am very glad for you to be in such a status.
Regarding your supposed diversification status, I imagine that should be a good thing, and it seems to be the case that if some folks have already gotten rich through traditional investments, they may get a quite a bit more nervous to sleep in what they would consider to be very high levels of bitcoin... however, if bitcoin ends up being in the s-curve adoption and exponential growth that a lot of knowledgeable bitcoin investors believe, then your asserted practice of continuously skimming off profits seems quite likely to leave you way too fucking underinvested in bitcoin when the rocket leaves the launch pad.. and you might not be able to catch up.. unless you are able to team up with Elon Musk and get your own rocket to meet us already in bitcoiners some where in the outer regions.. .
But, whatever floats your boat.. if you want to constantly skim profits into dollars and that makes you happy, great for you, but it would have caused you to have a pretty fucking poor performance to HODLers if you had been employing that kind of strategy for bitcoin through its so far nine years of life, and you may well know you seemingly bank shill that there remains a decent possibility that bitcoin is still in its very early stages of growth and adoption.
Dude, i'm not a shill, just a noob miner. Just recently started mining in 2013 and still keep half the coins I mine in cold storage. My dumba$$ lifestyle does require fiat on a regular basis.
Where would bitcorn be without us dumbass miners to secure and process ?
got a small eth rig hashing at 265MH/s
What hardware r u running?
850Ths SHA256
4Ths X-11
150Ghs Scrypt
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by explorer (2)
It is a little mind boggling that anyone would sell during the weekend knowing they could sell for 10-20% more on Monday. Can a bear explain the mentality?
I'm not a bear but I will try to explain following a simple strategy that helps me sleep at night:
I sell 50% of my earnings daily, regardless of price.
Invest -> Profit -> Protect
My strategy that helps me sleep at night is to convert all my daily earnings to bitcoin, regardless of price.
becoin = smart
grn = dumbass
JayJuanGee = ultracrepidarian
I am actually a happy, financially diversified dumba$$
Seems like I be learning new words from the WO BIG hitters, yet I am not too sure if I am going to be able to use it any time soon... perhaps? perhaps? Usually, need to hear an idea several times before it sinks in.
Regarding your being happy, I am very glad for you to be in such a status.
Regarding your supposed diversification status, I imagine that should be a good thing, and it seems to be the case that if some folks have already gotten rich through traditional investments, they may get a quite a bit more nervous to sleep in what they would consider to be very high levels of bitcoin... however, if bitcoin ends up being in the s-curve adoption and exponential growth that a lot of knowledgeable bitcoin investors believe, then your asserted practice of continuously skimming off profits seems quite likely to leave you way too fucking underinvested in bitcoin when the rocket leaves the launch pad.. and you might not be able to catch up.. unless you are able to team up with Elon Musk and get your own rocket to meet us already in bitcoiners some where in the outer regions.. .
But, whatever floats your boat.. if you want to constantly skim profits into dollars and that makes you happy, great for you, but it would have caused you to have a pretty fucking poor performance to HODLers if you had been employing that kind of strategy for bitcoin through its so far nine years of life, and you may well know you seemingly bank shill that there remains a decent possibility that bitcoin is still in its very early stages of growth and adoption.
Dude, i'm not a shill, just a noob miner. Just recently started mining in 2013 and still keep half the coins I mine in cold storage. My dumba$$ lifestyle does require fiat on a regular basis.
Where would bitcorn be without us dumbass miners to secure and process ?
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
It is a little mind boggling that anyone would sell during the weekend knowing they could sell for 10-20% more on Monday. Can a bear explain the mentality?
I'm not a bear but I will try to explain following a simple strategy that helps me sleep at night:
I sell 50% of my earnings daily, regardless of price.
Invest -> Profit -> Protect
My strategy that helps me sleep at night is to convert all my daily earnings to bitcoin, regardless of price.
becoin = smart
grn = dumbass
JayJuanGee = ultracrepidarian
I am actually a happy, financially diversified dumba$$
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
It is a little mind boggling that anyone would sell during the weekend knowing they could sell for 10-20% more on Monday. Can a bear explain the mentality?
I'm not a bear but I will try to explain following a simple strategy that helps me sleep at night:
I sell 50% of my earnings daily, regardless of price.
Invest -> Profit -> Protect
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
So, when are we going to hit $1,000,000?
Let's project.
If we assume the average doubling floor time of 6 months over the last 5 years (including the 2014-2015 bear market):
$20k Aug 2018
$40k Feb 2019
$80k Aug 2019
$160k Feb 2021
$320k Aug 2021
$640k Feb 2022
$1.28MM Aug 2022
Three and a half more years.
If the doubling time persists at 3 months (the approx. average of the last three doublings), then just under two years. Mid 2020.
Wow.
You lot that like to sell your BTC in increments to buy back, take note that you dont run out.
I won't run out....
Even though my chart only goes up about 8x from current price, but I suppose I can add a few more lines onto my projections to account for these real probable situations.... I anticipate that even if BTC prices were to shoot straight up to $1.28million faster than the timeline, my formula for selling does not allow me to run out, and probably I wouldn't even go below 50%, if BTC prices were to shoot straight the fuck up.....
I already have too much fiat, now, so the problem of too much fiat seems likely to exacerbate based on these totally "reasonable" BTC price projections... really gonna be problems of the 1%... OMG
I'm starting to have fiat problems myself. Those of you that regularly cash out, where do you store your fiat? Anyone into offshore IBC's and banking? If so which banks(s) and countries have you chosen?
Edit:
Further to the above; which exchange is your favourite for wire transfers offshore? especially when an intermediary is required
BItcoin failed as a payment system, LN is a joke, governments cracking down. It's game over, next stop $8000 after that I see it crashing < $4000
Because you are SHORT on BTC?
What's wrong with 4000? It was $496 19 months ago
I sold my 7 Bitcoins for $11400 a few hours ago.
I will buy back when Bitcoin reaches $8000.
Then I will have more Bitcoin than before.
This is the best solution.
I will buy back when Bitcoin reaches $8000.
Then I will have more Bitcoin than before.
This is the best solution.
Good luck with that. Why didn't you sell at $19,000 in december?
Annd That's how you lose money.
I don't understand your statement, Since 2013 I cash in half of what I mine and hodl the rest, Where have I lost money?
The important part of what you said is that you cashed in half. That is prudent, you realised some profit. The problem is hodling it all regardless - why? What is the point of just hodling and not cashing out and not spending and using it as a currency either. If that's what you do, it becomes a relic, like collecting trading cards or something.
No you missed the point. The PKs I hold are exponentially more valuable than the culmination of all my cash outs thus far
Annd That's how you lose money.
I don't understand your statement, Since 2013 I cash in half of what I mine and hodl the rest, Where have I lost money?
Edit: To Help with your calculations I mine about .36 - .4 per day, Initial Investment for first miners 3000USD all btc after that
hey.
i got a large quantity of D3s that if not sold here within approx the week, will most probably be sent to mine. depends on your price i might be able to sell and host them for you. tell me if your interested and what would be your price.
i got a large quantity of D3s that if not sold here within approx the week, will most probably be sent to mine. depends on your price i might be able to sell and host them for you. tell me if your interested and what would be your price.
Not interested in hosting from seller. I see you have 11 for sale in cali, I may be interested in these pending price shipped to WA. Still need to find hosting tho...PM me.