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Showing 20 of 50,142 results by philipma1957
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 25/07/2025, 17:56:47 UTC

Well, Mike went on TV for an interview where he said that he thought Ethereum was going to outperform Bitcoin over the next 3-6 months..

I have many issues trusting someone with a Luna tattoo on his shoulder

Ya, that’s why I said it wasn't a major concern. I don’t know how dude got his money, but from what I’ve seen his investment decisions are subpar at best.

I will say that I bought the dip as to put my money where my mouth is. Maybe not the smartest short term move, but by September I think I’ll be glad I did.

yeah it went back under 16k and I got some dip too.
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Board Speculation
Re: Bitcoin will fall or not
by
philipma1957
on 25/07/2025, 17:52:43 UTC
Bitcoin has dropped from $119K to $115K in an instant, this dump is really unexpected, now the main thing is that since Bitcoin is never 100% predictable, so no one can say for sure whether it will remain supportive above $110K or not, but I think it will not fall below $110K, but anyway, these are definitely just corrections, it will definitely come back stronger, and Bitcoin can definitely go to a good level by the end of the year, maybe $150K +.

JESUS CHRIST ALLMIGHTY IT IS A FUCKING DIP NOT A FUCKING DUMP.




rant over  Grin
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 25/07/2025, 16:09:39 UTC
so I did get some 115k dip.

set for more soon.  or just stacking the mining earnings.
Post
Topic
Board Economics
Re: US Americans can now donate towards reducing national debt via Venmo
by
philipma1957
on 25/07/2025, 16:02:17 UTC
Dudes this is orange man Donald Motherfuckering Trump.

He is simply going to crash the USD and default on everything.

Then say what you going to do blow us up?

We are heading into a full re set and default is part of his plan.

By the way much like Hulk Hogan and the Undertaker. The republicans and the Democrats are in the same company.

So the USA and a lot of the world is heading into a big ass pile of crap.
Post
Topic
Board Mining speculation
Re: new asic machine purchasing
by
philipma1957
on 25/07/2025, 15:41:23 UTC
I use

https://altairtech.io/



https://altairtech.io/product/bitmain-antminer-s21-xp/. I buy these


my review is here

Rated 5 out of 5
Philip A. (verified owner) February 28, 2025
Had this dropped shipped to my host. It is my fourth s21xp works great.

I own 8 of them .


I host them here

https://iowamining.io/


and a 1% off code for altairtech.io  gear is

Iowa Mining

I know zero about cryptominerbros
Post
Topic
Board Bitcoin Discussion
Re: Should I depend solely on Bitcoin?
by
philipma1957
on 25/07/2025, 13:39:07 UTC
A friend of mine just got into Bitcoin, lucky for him, his successful. Before he started Bitcoin, he was actually into a good business of selling artwork which wasn't so bad. So he got introduced to Bitcoin and had a quick success. It's actually a good and exciting thing to see someone progress fast like that, but he quit selling artworks and other little businesses that kept him going he stopped, he now depends fully on Bitcoin. Bitcoin is the king no doubt, but From my Point of view I think that depending fully on it might be risky to you financially. I don't recommend anyone to depend solely on Bitcoin or any single asset. Bitcoin can fluctuate rapidly and market volatility might impact your financial stability. It is actually very risky to invest in a single asset. The part that scares me the most is that my friend has put all his resources into this one asset. If am wrong please correct me. Thanks

I have a question what does all his resources mean?

As I understand English he is penniless other than the btc.

If he has a home he mortgaged it to the max.

If his has a job he maxed out his paycheck by taking loans.

All his credit cards are now maxed out.

And he needs btc to go up over night to be able to sell some profits to pay for normal shit.


Now all of the above is very likely not what you mean.

But it is what you said.

For me at the age of 68 I would never do that.

And successful people would not put that much on the line.

A loser with not much may bet it all because he or she would not have a lot to lose.

But a successful person will not play this percentage of their wealth.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 25/07/2025, 12:22:55 UTC
Ahh missed that 115k dip

Still stacking the mining coins

any guys as to why we dropped to 115k last night
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Board Speculation
Re: Top 20 days for Bitcoin
by
philipma1957
on 25/07/2025, 00:54:47 UTC
4th place nice.

We are grinding out July we have 7 days left to be over 100k

That would be nice to see.
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Topic
Board Speculation
Re: 100 Push-Ups Per Day Until Bitcoin Is £100K Challenge
by
philipma1957
on 25/07/2025, 00:49:51 UTC
It seems some persons don't see smoking as something good to the body system (which I agree) while some see it as something precious to the body because of the love they have for it and how it makes them feel which I don't think is even cool. If we some how feel the way we feel about smoking what about drinking? Like too much drinking, can it be seen as a better replacement for smoking?

100k,Sexylizzy2813,82,13490,2025-07-24

Ask a person that smoked  from 13 to 39 the issue is you can't skip smoking anywhere as easy as it is to  skip drinking.

I can drink a shot once a week or once a day or once a month or once a season.

If I try any smokes I will go back to a pack and a half a day and crush my lungs in under two years.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 24/07/2025, 22:43:32 UTC

Not really a fan Apparently he was a Rat, but these things always come in three's so who's next Huh?

https://i.imgur.com/JQWrfPx.mp4

Only Two Wrestlers I liked from back then.







I like the Rock in Doom but he's from a different ime.



Some say

 Hulk
Ozzie
Theo

Make the 3
Post
Topic
Board Bitcoin Technical Support
Re: [Jul 2025]Mempool empty, Consolidate your small inputs @0.10 sat/vbyte (???)!
by
philipma1957
on 24/07/2025, 20:56:08 UTC
I prefer trezor but Electrum is good, trezor should do an upgrade in the firmware and drop fee level a bit.

As time goes on there are issues of sats being too high. Allowing 0.5 to 0.9 and rounding the full fee works.

Ie : 112x.9= 100.8 round it to 101


Even though Trezor says the minimum is 1 sat/vB, if you type a lower amount and wait a few seconds it will actually create a valid transaction. Here I created a transaction with 0.5 sat/vB fee. If you’re connected to their backend, they enforce a higher minimum relay fee so it would get rejected but you can broadcast the raw hex on mempool.space.



Nice work I will check this out.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 24/07/2025, 20:10:56 UTC
Buddy be dropping 119k over and over and over again.
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Board Speculation
Merits 4 from 4 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 24/07/2025, 16:00:40 UTC
⭐ Merited by xhomerx10 (1) ,Paashaas (1) ,JayJuanGee (1) ,JimboToronto (1)
Rip

Hulk Hogan
Post
Topic
Board Economics
Re: Can Bitcoin Survive In A Deflationary Economy?
by
philipma1957
on 24/07/2025, 15:51:35 UTC
I have been learning about how central banks usually target 2% inflation for economic growth. Still, Bitcoin has a fixed supply and can even become deflationary over time if people lose access to their wallets.
So I'm interested to know about a few things;

 Can Bitcoin work well in a deflationary environment where the value keeps rising and people prefer to save rather than spend?

Would an economy based on Bitcoin slow down because people won’t want to spend their BTC?

 Or would it encourage smarter spending and long-term thinking instead of constant consumption?

I’m just trying to understand if Bitcoin can really replace fiat money while keeping an economy active, especially since deflation is usually seen as a risk in traditional systems.

BTC is not the best p2p system

it is not designed for that.


Doge would be better

as doge always prints more coins

but as time goes on the inflation rate approaches zero

doge year 1 1x Total coins
doge year 2 2x total coins  OMG 100% inflation

doge year 10 10x total coins
doge year 11 11x total coins hmm 10% inflation rate


doge year 20 20x total coins
doge year 21 21x total coins even better 5% inflation rate


doge year 50 50x total coins
doge year 51 51x total coins even more better 2% inflation rate

doge year 100 100x total coins
doge year 101 101x total coins only 1% rate of inflation

doge year 1000 1000x total coins
doge year 1001 1001x total coins only 0.1% rate of inflation


so as p2p this is far better than BTC will ever by

BTC is the king of store of value  not king of p2p

now just because the math say this people are crazy and simply may say fuck it and be not rational at all about the simple truth above.
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Topic
Board Speculation
Re: 100 Push-Ups Per Day Until Bitcoin Is £100K Challenge
by
philipma1957
on 24/07/2025, 13:21:07 UTC
Nothing fancy, just keeping count. Oh and I've started padel every Thursday now. Not ordinarily what I'd play but it's quite light exercise for shoulder mobility. 10% the strength of tennis and 10% the mobile stress of badminton I feel.

100k,buwaytress,3,30,2025-07-24

still sick suffering from severe allergies. on some asthma meds.

Take it easy. Remember to breathe deliberately!

a bit better today. new doctor appointment today.

third day on the asthma meds
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Topic
Board Speculation
Re: Bitcoin bubble pop
by
philipma1957
on 24/07/2025, 09:42:09 UTC
These other companies that have followed Michael Saylor's strategy that are also beginning to buy bitcoin to hold in their treasury to cause a pump on their company's stock, what does everyone speculate on this? Will this create another overinflated bubble that will pop and cause bitcoin to dump similar to the bubble pops before?


I think bitcoin can never undergo a bubble pop because of bitcoin volatility and total decentralization. I think we need to understand what Bubble pop does before we correlate it with bitcoin, this is act is when a coin suddenly or rapidly pumps up due to hype and then dumps immediately. Bitcoin cannot have a bubble pop because bitcoin price pump isn’t base on hype but rather on real demand through utility and adoption.

Bitcoin volatility has continued to be more stable to such a place where it cannot dump to some certain price again. Most of this coins that experience bubble pops are those that usually are just centralized like the coin is been held more by few investors, this coins you will see one holder holding more than 5% of the coin and when they sell it affects the price or bubble pop happens when everyone sells after the hype dies down.

In all of this cases bitcoin doesn’t have any of these reason to have bubble pop, no single holder has more than 1% holding of the coin, investors can not sell at the same Time as most have even embark on holding for a very long time. In most bearish market bitcoin can realistically only fall like 65% down and this is if it is accompanied with bad fundamentals

So yes bitcoin cannot go through Bubble pop

600,000/20,000,000=0.03 so your 1 percent is off as 3 percent is 3x 1 percent.

and Mike Saylor has 3%
Post
Topic
Board Mining (Altcoins)
Re: Bittawm Trust Review - Goldshell BYTE - A Unique Hobbyist Home Miner
by
philipma1957
on 24/07/2025, 02:08:12 UTC
if they dropped in a scrypt board option it would be a nice solo miner.
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Topic
Board Speculation
Re: "Is Bitcoin the ultimate savings tool?"
by
philipma1957
on 24/07/2025, 01:36:18 UTC
But I think holding it for 5–10 years will actually be profitable.
Yes this is long term saving and it will help because bitcoin would have increased more in 5 to 10 years. But it would be good if the coins (I mean bitcoin) can be saved or hold throughout someone's entirely life and let his children still inherit it because bitcoin is an asset of value, its price will continue to increase undoubtedly.

that only works if your kids are alive.

My kids are all dead.

Still the fact is holding BTC for 6 or more years has always turned a profit.

Not many items can claim this.

So I would say buy and hodl some .  even if you are alone in life because in ten years or so you will likely have more than you began with.
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Board Speculation
Re: Top 20 days for Bitcoin
by
philipma1957
on 24/07/2025, 01:12:51 UTC
WELL jjg  my wife is into real estate and cash .
My cash needs are simple I have to have 2300x12= 27,600+12,000=39,600  for untouched reserve (ie mining support for 1 year)

having that untouched cash in a 3.8% bank account is a must as it allows 1 year of mining without cashing coins.
I should stack about 0.4 btc in the next year

So I have the 40k in the bank and my cash above that is under 10k
you could argue that I do not need to be with 50k cash and I am over.  But I am okay with it.
you could also argue why mine at all just take the 50k and buy corn. I am okay with it.

Of course, each of us come to our own balances, and surely if you have been in bitcoin for 13-ish years, you have figured out your balances.. and on a personal level, I have frequently suggested that guys try to get to an overaccumulation status prior to selling any BTC.  Once they get to overaccumulation status then surely they have more options, yet it still might not involve selling BTC right away, and surely I have also considered price-based sustainable withdrawal to kick in before time-based sustainable withdrawal.. yet they each can have their place.

Surely, your case is somewhat different since you are earning BTC then you may well have to sell some of your BTC in your cashflow management, yet you still could have a system in which you consider whether you are in overall accumulation stage, maintenance stage or liquidation stage (sustainable withdrawal stage).  So then what stage you are in affects the extent to which you are overall accumulating bitcoin, trying to maintain a same balance or selling from your of BTC holdings.

Part of my difficulties in attempting to assess  any of your circumstances is that I ahve difficulties relating if you have never reached overaccumulation status.. ..but you are still buying and selling like a trader..   Of course, my own conception is that after reaching overaccumulation status, a guy is more free to sell BTC within the overaccumulation status yet hopefully not selling so much BTC as to knock himself out of overaccumulation status).

Surely, when you have a spouse, then there might be needs to balance preferences with the spouse, so that either you are in agreement regarding some of the joint financial matters or at least you know the boundaries of how much your spouse might have concerns in your finances or if you are involved in her finances to the extent that some of it might be allowed to be separate.

Personally, I have a hard time imagining that I would be accumulating more BTC this year, as you suggested accumulating an additional 0.4 BTC this year as if you are still in accumulation status.  So, my difficulties in considering that is because I have largely been in overaccumulation status since 2015 - even though my own personal definition of overaccumulation status had changed through the years, so in that sense measuring what we are even talking about can sometimes be confusing since it may well have to be applied to specific facts of an individual.

I am still needing to add more btc.

I do not have enough btc.
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 24/07/2025, 01:08:58 UTC
if my PayPal account has 10,000 usd worth of BTC I am sure that would be counted on the list of 50 million Americans


Did they ever add being able to withdraw bitcoin?

you can.

ever since I was frozen out of coinbase .

I put cash from my bank account into PayPal .

So lets say 1-2 coins in my wallets

and 0.11 btc in paypal

and some in kraken.

having that btc in PayPal allows my the ability to cash if I want.