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Showing 20 of 50,160 results by philipma1957
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Board Speculation
Re: Bitcoin bubble pop
by
philipma1957
on 26/07/2025, 22:21:41 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?

There is a hedgefund manager who has lost money from his hedgefund's investments who is presently creating a treasury company. I am very much aware that this is for an altcoin, however, this can also be created for bitcoin and the argument is similar.

It seems unbelievable that you have been a member of this forum for so long. There would be a bubble if bitcoin were worthless. You think bitcoin is worthless? On the other hand you don't seem to understand how bitcoin treasury companies work.

It also very much is unbelievable that you do not understand what are market bubbles or you cannot believe that market bubbles will be an occurrence on very speculative markets similar to bitcoin. Considering that a -70% or more dump from the top that has occurred already 3 times on bitcoin is not a bubble pop? This would be very headshaking if you say this, I reckon.



In any case, it appears that there are people replying in this thread do not know what is a market bubble and it also appear they define a bubble as something similar to a ponzi.


nope once the bubble bursts that the end

btc is not and has not had a bubble burst.

https://www.youtube.com/watch?v=tDjFE0SrBU0

above happened to tulips not btc.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 26/07/2025, 21:02:02 UTC
Regarding that 80K btc ($9.4 bil) guy/gal (most likely guy) sell...
Remember, he/she/they bought at $0.675/btc in 2011.

Two years (or about) later, btc went to $1176, which is a 1742X return in just two years (174222% exactly).
The will power that was needed not to sell back then...big respect.

Later on, fluctuations were less violent, so I can see how this (hodl) developed.

When I look at my bank balance 🏛️ I'm poor 🥴😥 Because it says: $800

When I look at my crypto balance 📈 wow im so rich 🤑 because I own "****" BTC

sure, if you own four digits worth of bitcoin, you ARE rich, lol

Well he may had sold off:

address a at     1,200 in 2013              80,000x1200= 96,000,000
address b at   17,000 in 2017                80,000x17,000 =1,360,000,000
 
address c at 110,000 in 2021              80,000x110,000=around 8,800,000,000
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Re: Possible value of Bitcoin 10 years from now.
by
philipma1957
on 26/07/2025, 19:42:35 UTC
this is an easy guess in 10 years we should be past 1 million.


Heard it over and over on the podcast of Bitcoin channels that it will go over $1M in 5 years. Its entertaining to believe it and there is a possibility that it would happen. One guest said it is not all because there is a huge demand for BTC but because the value of USD is collapsing and this $1M may not really worth the $1M today due to inflation. Nevertheless its still $1M so yeah seem right.

I',m up to seeing it a $1M one day.

I think 1 million will take more than 5 years.

but less than 1 million.

yeah

WWWIII would fuck things up bigly.
and a new super math  yet to be invented would hurt things.


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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 26/07/2025, 19:35:05 UTC
For those who trade to increase the stash and not to DCA...
When was the last time you should have sold NVDA, GOOGL, AMZN, AAPL, etc etc in the last, say, 15 years?
The correct answer is probably "never".

A. Back in some interviews (https://youtu.be/ykLZ_xg6FB4?t=669 or even better articulated here: https://youtu.be/o0Qe1CZssek?t=1829) said that when you are 'in' an exponential asset, it is difficult to sell thinking that you'll buy back. Most likely, you won't be able to, unless, buy-sell is your "granular" DCA strategy that @philipma1957 and @JJG are espousing.

For me, it seems that it is never (or almost never) a good time to sell btc...I tried a couple of times with a non-insignificant sells and was never able to buy those coins back. Lesson learned.

and remember I am running the mine to do

 DCA prime. which at the moment took me a long time to set up.

the mine adds 0.001047 btc a day for DCA prime
the ladder up ladder down on kraken which gains btc when things move enough
the buy the dip on PayPal which gives me fully kyc'd btc

So I add to coin in 3 ways

to do this all after the 4 way partnership ended took all of 2024 and part of 2025.

fo a simple approach DCA and hodl is easier
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Board Speculation
Re: Bitcoin vs Gold - Which will win the % of increase 10 year Race?
by
philipma1957
on 26/07/2025, 16:42:50 UTC
It's not make sense to compare return between Bitcoin and gold because the answer is already obvious, Bitcoin will win.

Gold could able to beat Bitcoin if you only count for a year long, during bearish season and war happened on popular countries, gold has a good chance to beat Bitcoin.

Of course  the upside is btc goes up 10x in next 10 years. A very powerful incentive to want more of it now.
Too big expectation I think, the highest I expect would be 22 aka 4x

I'm not seeing people who invest in gold shift to Bitcoin for long term, they like to invest in both.

well 10 years has always been really good. 4x from 2025 to 2035 would be the worst it ever did .

in a ten year time span
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Re: Your thoughts on the future price predictions of BTC by experts
by
philipma1957
on 26/07/2025, 15:15:44 UTC
BTC valued at or near $1 million in 2030!  Wow! Shocked

Do you guys agree that is likely?  

► BTC Price Predictions for 2030:

I think we’re likely to peak out around $700,000 in 2029, but I also think we will break a million in 2033. If Bitcoin continues its rise we may really see a good savings option for people. Time preference would become the secret to getting wealthy. People would have to choose how much money they want and how young they want to have it.

Passing a million seems likely before 2037 unless a fail in the protocol happens.
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Board Mining speculation
Re: Has the ApolloBTC miner mined any blocks yet?
by
philipma1957
on 26/07/2025, 13:43:42 UTC
Just wondering if I've missed it, but I haven't seen any blocks being mined by FutureBit's ApolloBTC miners, which have been around for a few years already, but I've seen a few blocks mined by other home miners, like the bitaxe and the Compac F for example...

Given the popularity of these miners, and also the time that they have been available, I would expect that at least one block would have been mined already. Anyone knows if that has already happened?

yes it has done at least one.
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Board Marketplace (Altcoins)
Re: Does anyone want to buy some grin.
by
philipma1957
on 26/07/2025, 12:10:09 UTC
I'm very happy to have completed a deal with this gentleman, philip.

I successfully sent him my LTC and received 1,100 Grin Coins in return.

TXID: f5c4a4b3174f1740c77fbee921fac924719e1a269f18ba1e3b5534baf4251208

If you didn't receive my last private message, I'm ready to receive more Grin coins. If you're interested in doing more deals, just let me know.

I'll go ahead and update your trust rating now.
Have a great day!  Smiley

yeah we can do more soon.
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Merits 1 from 1 user
Re: Possible value of Bitcoin 10 years from now.
by
philipma1957
on 26/07/2025, 11:58:33 UTC
⭐ Merited by Don Pedro Dinero (1)
this is an easy guess in 10 years we should be past 1 million.

unless some one invents a new math that could magically solve sha 256 crypto.

Last time some one invent new math was sir Issac Newton


https://en.wikipedia.org/wiki/Isaac_Newton

he figured it out in 1667 or so.


so this is the one way btc could be fucked for sure.

but the truth is no one knows if a 3 dimensional person such as a human being can invent this so called sha-256 busting math
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Board Wallet software
Re: James Howell and his lost passphrase!!!
by
philipma1957
on 26/07/2025, 11:52:12 UTC
Is it a coincidence that he "quits" his search, and then 80,000 Bitcoin that were untouched since the Satoshi-era were moved?
I'm a bit puzzled what kind of odd connection you try to draw from James Howell's 8,000ish bitcoins to those 80,000ish bitcoins from Satoshi-era? This seems like quite a wild speculation, don't you think? But please, go ahead and elaborate! I'm eager to be surprised and entertained.  Wink

I wonder if there were some sponsors to James' legal battles who actually invested some money which they gave him in advance and where there won't be the promised ROI. Anyway, I didn't follow all the gossip about his case.


Pardon me, but I made the wrong assumption.

  

Although what was truly impressive was how those 80,000 coins were sold to the market and it didn't make Bitcoin go down by more than a small percentage. I believe that it will show institutional investors that Bitcoin is ready for a larger portion of their capital. Cool



$9 billion United States Freedom Dollars

some rich old fuck. has an angle for his heirs to avoid inheritance taxes.

and we dropped are 7% 123.1k to 114.9k  plus we rallied back. and are around 118k
Post
Topic
Board Mining
Re: Best difficulty ever recorded
by
philipma1957
on 26/07/2025, 11:46:35 UTC
It will be best if you give your instance or go more detailed when creating a thread.

The difficulty of mining is general, no miner gets less difficulty than another. Using ASIC which is now faster than previous device makes it easier to catch new blocks and earn the rewards before others. To be clear, the difficulty in the network is always the same, since the hash rate increases due to ASIC, the network adjust its difficulty to match the average 10 minutes time of adding or finding new block.

More context:

I solo mine since 1 week, bought my NerdQaxe++, and getting interested about mining (because in UAE the electrecity cost is 0.02$/kwh [for locals], so maybe some opportunities there, testing with solo mining first).

So on my device it's written: Best Difficulty 609M.

If i understand well, the network has a difficulty level of 127T, but your device can "reach" any diffuclty isn't it? even higher than 127T ? example: 12P ?

So i was wondering what is the world record for this "One shot best difficuly" ?

But if you tell me devices can't "One shot" above the current level of the network then no problem.

well I am note going to review the 900 thousand blocks to find the lowest hash then translate it to the difficulty it achieved.

I was surprised to see no one had done it that I can find via searches.

I have seen 11x the current difficulty as a winning share. maybe

the bitaxe has won at least one block so it can surpass 127t

trillion then quadtrillion next I am pretty sure of that.

so for now I would guess 1.5q is the highest share ever made.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 26/07/2025, 11:36:37 UTC
So when do we think the next breakout to the upside is going to happen?
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.

I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.



Holy shit 114.9k was not a dump a stumble sure . A pause for buddy to catch his breath okay fine, but not a dump.

123.1x.80=98.48   thats a dump

123.1x.93=114.483 no dump

note I use 123.1 as the high it was higher as I sold some at 123,123

now do I think we go under 100k giving us a 20% correction then fly to over 200k in Nov sure why not it could happen.
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Re: Bitcoin vs Gold - Which will win the % of increase 10 year Race?
by
philipma1957
on 26/07/2025, 11:19:00 UTC
well. lets try

~~~~~

so for any time in the past BTC crushes gold mocks gold pisses on good it is the clearest cut route in the history of the world.

as for

2016 to 2026. so far btc is killing gold

2017 to 2027 so far btc is killing gold

2018 to 2028 so far btc is killing gold

2019 to 2029 so far btc is killing gold


2020 to 2030 it is grayer



so the answer is

what dates do you want to pick?


  10 Years from now; 2025 to 2035.  

at the best for gold it will be 6k

at the worst for gold it will be 4k

at the best for btc it will be over 1 million
at the worst for btc it fails and is well under 10000

so my gut tells me like Issac Newton inventing a new math Calculus BTc could be broken with a new math.
It would look almost like an act of magic. Is it likely to get invented I do not know but the risk is there.

Of course  the upside is btc goes up 10x in next 10 years. power incentive to want more of it now.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 26/07/2025, 04:00:56 UTC
Buddy needs to get ready for the weekend.
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Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 26/07/2025, 00:58:05 UTC
⭐ Merited by DirtyKeyboard (1)
Buddy is done with sales for a while.
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Board Speculation
Re: Top 20 days for Bitcoin
by
philipma1957
on 26/07/2025, 00:55:02 UTC
Top 15 today.

6 more days to filling out July with all 100k
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Board Speculation
Re: Bitcoin vs Gold - Which will win the % of increase 10 year Race?
by
philipma1957
on 25/07/2025, 22:49:02 UTC
well. lets try

2009 to 2019 btc kicks ass
2010 to 2020 btc kicks ass
2011 to 2021 btc kicks ass
2012 to 2022 btc kicks ass
2013 to 2023 btc kicks ass
2014 to 2024 btc kicks ass
2015 to 2025 btc kicks ass

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Topic
Board Mining
Re: Best difficulty ever recorded
by
philipma1957
on 25/07/2025, 22:39:25 UTC
Hello, what is the "best difficulty" ever reached by any device on Bitcoin?

Best regards,

Ssatooshi

the highest share ever obtained

would be something over 127 trillion
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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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Topic
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