All posts made by Dunkelheit667 in Bitcointalk.org's Wall Observer thread
1.
Post 23942995 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.25h):
CEO of Credit Suisse taking over from Jamie, bitcoin is the “very definition of a bubble” - Tidjane Thiam.
I have to disagree, looks healthy to me:
2.
Post 24654638 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.27h):
Maybe Jihan will stop spamming the BTC network. Those high fees are causing most chain hopping miners to mine BTC rather than BCH most of the time.
At the moment they pay a 0.00112219
BTC fee for 224 bytes of spam:
https://blockchain.info/address/3P3Q9NUih139uAqD4KZ6aw3ztnNNUkhWYK1 MB will cost them approx. 5
BTC. As long as he mines more than 29% of all blocks, he could play this game until he has to pay his eletricity bill.
3.
Post 25226122 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.28h):
The last functional arbitrage bot on this planet is now trading 0.023
BTC chunks, really?
4.
Post 26344374 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.32h):
...
Biggest issue with notebooks is and remains to be: HDD storage is always too small in the end
Just install a 1 TB SSD and carry a 4 TB external 2.5 inch HDD in your backpack. At the moment, this should be sufficent to store several blockchains. Most people will have less storage inside their PCs/home "networks".
5.
Post 26810620 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.34h):
Breaking 24777$ prediction game
...
Last update for tonight
Hope we all will have a refreshing night and would like to pick:
11/02/2018 Dunkelheit667
Thanks a bunch!
6.
Post 26959295 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.35h):
I am taking some time now to transfer to segwit addresses. ( From my non Armory holdings.)
I used a 140 satoshis per byte. It went through in 3 blocks as a test. ( maybe I overpaid?)
Fees appear to be coming down at the moment.
https://bitcoinfees.earn.com/So, I got a lot of transactions through quickly at 120-131 Sat / byte, many around $4.35. Not cheap by 2014 standards, but not too bad, I guess. I am leaving my legacy paper wallets alone for the moment.
Guess the spam attack will restart tomorrow and took my chance as well to transfer some 'dust'. Three (!) inputs, 484 Bytes, 125 Sat/Byte, ~ 7.5 € as fee = confirmed within two minutes, guess that's okay in times of war.
7.
Post 27000871 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.35h):
I would also like to bump my questions posted some 10 hours ago or something.
If you GPU mine, does it matter if your computer is connected to your browser via wifi or cable?
And does anyone know anything about the OS called PureOS. Are there any issues with that OS that you know of?
Cable is always the best choice but, if you are mining to a pool and your wifi is stable probably there will be no significant difference. I was mining for some time with an antminer S3 I added an antenna over wifi and it worked well. There is very little traffic if you are pool mining and a few ms of additional latency are not that important. Running a full node would be a much different matter.
Never used PureOS. I usually prefer vanilla debian or any other widely used distribution so that any new vulnerabilities are published/patched soon enough.
Thank you, I will be pool mining and I'm going to do it for fun, not for profits. I only have one cable slot on my router and would prefer to use that for my everyday computer so I will give the wifi a try.
Yes, give it a try. Latency on Wi-Fi might be some ms worse than having the rig connected via cable but might not really matter. Let's say you're solo mining a coin with short block time (like 15 seconds) and Wi-Fi adds 5 ms, there is a 0.033 % chance the block you found might be orphaned. If you're pool mining on something like BTG with one block every 10 minutes, well... no significant difference nails it.
8.
Post 27133208 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.36h):
Warmist propaganda.
Germany has one of the highest price of electricity in Europe
Because 'customers' pay a fixed rate. Typically ~ 33 US cent / kWh, taxes, transportation fees (really), regional fees (regions with weaker infrastructure pay more), ecology fees (to pay people feeding power in from solar panels) and... more stuff... Selling prices are not really influenced by purchase/production costs. Long story short, mining will pay-off only if you have your own solar park and the sun is shining.
9.
Post 27214839 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.36h):
Ok, that was funny. You can't even mine this XRP stuff. With other words your pie chart for 'XRP Ledger' would show 100% Ripple Lab Inc. You mix things up. And yes, next time use at least a pie chart with current data...
10.
Post 27217943 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.36h):
Ok, that was funny. You can't even mine this XRP stuff. With other words your pie chart for 'XRP Ledger' would show 100% Ripple Lab Inc. You mix things up. And yes, next time use at least a pie chart with current data...
Well, if you want to call mining a prerequisite for determining whether one could speak of centralized or decentralized, then I think we are done talking.
The hard cold fact remains that any 'decentralization' within BTC died as soon as ASICS were introduced. And honestly, I think you know this as well - but consciously decide to ignore this.
A few large mining farms in the BTC sphere working together can pretty much do what they want. If you still want to call that decentralized, go right ahead.
You brought the mining topic up to show us 'believers' how 'decentralized' your favorite altcoin is. I personally don't like the current level of
BTC mining 'centralization' or 'decentralization' but prefer it to more centralized chains (e.g. VerWuCoin) or premined business models (e.g. XRP)... Not sure what separates the last from a central bank.
If you prefer a central bank token, stay with Ripple Lab Inc.
11.
Post 28768249 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.39h):
I'll try the homespun solution, install docker and all.
I'd be interested in your Internet bandwidth consumption, should you be wiling to share.
I will post some data, but don't hold your breath. I'll need some free time to install the thing - starting with Docker - and some more to figure out how to measure LN's bandwitdh tax unbundled from bitcoind's base requirements. Got any suggestions?
I dunno.... filter a wireshark dump of all port 8333 traffic? Wild speculation. I don't know how LN comms are routed within the host networking layer.
I was hoping not to have to install special instrumentation like wireshark. Well, when I get to that I'll do what I have to.
BTW, 8333 is for bitcoind. LN uses a different port (can't recall right now).
No need to install any additional package. You can utilize iptables as shown there:
https://unix.stackexchange.com/a/398176
12.
Post 29996385 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.43h):
Racist is a meaningless buzzword, stating facts is now racist, yes jews control the media, and the banks, that's a fact, get over it.
yes blacks on average score much lower on IQ tests and commit a disproportionately high amount violent crimes? is that ''racist''? don't know, don't care, but it happens to be true.
OMG People of color score lower on Ethnocentric tests. I'm not even going to dignify the rest of your crap.
Get a grip, you're a racist.
P.S. This thread is about
BTC.
*sigh* no. IQ tests are simply pattern recognition. There is nothing cultural about it. That tired old excuse is... tiresome.
And they do commit more crime. About four or five times as much per capita. Again, easy enough to look up for anyone who actually cares.
Socio-economic status is a far more reliable predictor of IQ test performance. Low SES children consistently underperform
interesting read.
https://pumpkinperson.com/2016/02/11/the-incredible-correlation-between-iq-income/Yes, interesting read. On the other hand...
When I triple my slave time per day, I could triple my income.
When I triple my slave time per day and move to another part of my country, I could increase my income sixfold.
When I triple my slave time per day and move to a country next to mine, I could increase my income tenfold.
Choosing one of these options will increase my IQ?
I would not deny some sort of correlation between intelligence and income but argue location, EQ, blind ambition and pure chance are more important. The most intelligent individuals surrounding me have an average income (for my area). All high income folks I know seem to have an average intelligence. For sure it will be hard to harvest a high income for people with lower IQ. With other words, a higher IQ will increase your chance to have a higher income, not more or less.
13.
Post 30914403 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.45h):
In this reality these things just don't have the needed mechanics for the job..
Don't take me as a pessimist by this. I think that in the future we will have an cryptoasset that is able to break this currency boundary and will be able to actually offer an predictable value without the need for the support of fiat value.
And this so called future cryptoasset would look like what exactly, Mr. Genius?
Put up or shut up. Criticize or create.
All you fkn idiot trolls are the same. You come with heaps of smarmy handwaving and criticism, but offer zero solutions.
It would look like a crypto asset with a value stabilization mechanism?
Not sure if you checked the fundamentals?
https://en.bitcoin.it/wiki/Controlled_supplyOne
BTC remains one
BTC. A scheduled (!) halving/inflation. Stable enough for me.
14.
Post 31885506 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.47h):
... the interesting part of the trustee GOXing was it took so few coins to accomplish a ~14k drop in price, i.e. 36,000 btc or ~$380 million spread over ~50 days.
The flip side to that being how high/fast BTC price can appreciate when similar sized inflows are experienced.
Yes, let's ignore the usual trading games and consider supply and demand.
I guess it was a big chunk for the ecosystem. The 'natural' amount added by mining during 50 days is 50 * 24 * 6 * 12.5 = 90k
BTC at the moment. He added 36k or 40%. Let's say miners will sell just half of their mined
BTC to cover running costs. Then Mr. Kobayashi added 80% to the natural supply...
If he really dumped this amount on exchanges not using OTC trades I would say it was at least good fuel for the FUD campaigns we've seen so far in Q1 and the price keeps up very well.
15.
Post 33699393 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.50h):
One of the few charts I can wrap my head around.
Assuming the graph data is accurate: the colors are too red. My first impression from this graph is more negative than positive months, but that's not true.
There are 22 negative and 29 positive months. The positive yellow-orange should be light green.
What about some traffic lights?
It looks like April should glow green.
16.
Post 34168969 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.51h):
very quick short list for a small "game list" or how i have to call it..... only when breaking 12288 dollar price..... almost same rules as the list before just a winning date AND
...
let us break back 5-digits
My guess is June 23rd 2018, thank you!
Let's go "back" to five figures in Q2!
17.
Post 36052255 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.54h):
...Stepping back and looking at longer times frames indicates we are right on the edge of a substantial growth period. My recent frustration with short term price action has made me realize that I am emotionally over invested. Time for a break and to do some sailing. dyor and ymmv. Peace.
Well, last month was not that bad. And the near-term future looks fine, if history repeats.
Enjoy your break!
18.
Post 36533134 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.54h):
Talking about death... one of my Ledger wallets have died. It has a burn mark near the LCD (deforming the plastic case) as if it had internally shortcircuited or something....
Anyone knows if there is some warranty replacement or something?
Has it happened to anyone else?
There is no guarantee of money back, but if you fill out
the linked form they might talk to you about the problem.
https://support.ledgerwallet.com/hc/en-us/articles/360000608113What to do if my Ledger Nano S has screen, buttons, USB port issues
If you have issues with your buttons (stuck buttons, broken buttons…), damaged screen or pixelated screen, or a loose USB port, then please fill out
this form. There is no guarantee of a refund or exchange, but
this form must be filled out in order to begin the process.
Well, I guess I have nothing to lose to try. Thanks!
And if they are not willing to replace it
, you might send the dead body for an autopsy and sake of education to
Dave, he might be
interested. Move your coins to another Ledger first, of course.
19.
Post 38892791 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.56h):
Shall we buy Italy with bitcoins? a part of it? They have excellent food over there.
Joking aside they are in a very shitty situation, they basically don't have a government!
no government does not sound like a shitty situation to me
I can confirm this assumption. Last autumn and winter Germany had (technically) no government for some months. It was refreshing, the amount of political bullshit discussions has been halved. Anyway, they're back in business and weirder than before.
20.
Post 39099627 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.57h):
Not as entertaining as ChartBuddy, but for your monthly convenience:
Not sure why some thought the USD was superior to
BTC this May.
21.
Post 39658462 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.57h):
Au contraire. The almighty BaFin just confirmed (more or less) you need a banking licence in order to install a
BTC-ATM in Germany. Why do you think there is no
BTC-ATM in Germany? I guess the initial costs for a banking licence (100k € or something like that) are the root cause... Most (all?) of the German
BTC related "exchange" businesses went to other countries, years ago.
22.
Post 40606277 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_15.59h):
They will be trained to... seize Falcons, invade, um, the ISS and nuke planet earth from there in order to colonize it? Not sure, sounds like fun.
23.
Post 41291043 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.00h):
The monthly update:
Guess we're in despair now. I've had to ignore more members in the last 30 days than in the 330 days before.
24.
Post 43169146 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.03h):
Are B1tUnl0ck3r and mymenace the same person/bot?
I've ignored both for posting gibberish, eerily similar gibberish now I think about it, so you could well be on to something.
im kinda wondering the same thing myself. both are on ignore at the moment but i click "show post" every so often for the lulz.
At least some of their algorithms don't seem entertaining enough for a handful of Wall Observers.
25.
Post 43245970 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.03h):
Monthly update:
The July performance is above average. But I don't see any pictures of rockets and new moons. The troll population is still dense and the thread slow. Can we blame it on the weather? There is hardly any place north of Sydney where it's below 30°C/86°F.
I think we can live with that as long as August follows the July trend.
26.
Post 45037339 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.06h):
The monthly update:
And we're up 2.26% in September as I type whis message.
Did the honey badger wake up earlier this year? Q4 has not started yet. Guess we'll see!
27.
Post 45047251 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.06h):
The monthly update:
And we're up 2.26% in September as I type whis message.
Did the honey badger wake up earlier this year? Q4 has not started yet. Guess we'll see!
Link?
monthly.xlsx on my local ssd.
Raw data:
https://bitcoincharts.com/charts/mtgoxUSD#rg60zczsg2011-01-01zeg2013-12-31ztgSzm1g10zm2g25and
https://bitcoincharts.com/charts/bitstampUSD#rg60zczsg2014-01-01zeg2018-08-31ztgSzm1g10zm2g25
28.
Post 45405661 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.06h):
...
But when did whales enter crypto market?
...
Well, if I remember correctly, this term became popular during the peaks from 2013 ($266 and $1242), Mt.Gox, Willy, the Bearwhale and stuff... If someone bought at the 2013 top, he/she/it 'made' ~ 400% as of today (in fiatmoney).
You might have bought at the recent $19666 top, not sure what you can expect in five years from now. However, if you bought the top, hodling might be an appropriate strategy. If you're a moderate gambler, cost averaging on the 'way down' could be your strategy. Want to feed the whales? Just sell. If you want your kids to laugh at you in five years, buy shitcoins...
29.
Post 45803568 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.07h):
@HairyMaclairy
Btw. your high price alarm has been on since you posted
this chart. Just saying, not that your neighbors are annoyed and call the police or do other weird things.
30.
Post 46166540 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.08h):
I have to disagree w.r.t. "work isn't so bad" though... they've really cut back on the numbers of people and expect even more work from the remainder of us. Also, taking time off was never an issue in the past but in the last 3 years it's very difficult. We have extended blackout periods on vacation that creep into July and the talk is that next year it will be into early August - it's enough to drive one to really serious alcoholism. I know... waaa!
Jesus, are you an employee or a slave?
Is there a difference?
Apart from the fact an employee can choose his master(s).
31.
Post 46367236 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.08h):
Low-key game changer. Price tag with actual BTC price.
That's crazy (maybe even batshit crazy?) to actually post prices in BTC - especially if BTC prices are changing a lot and likely to continue to change a lot, relative to fiat.
Note the actual BTC and USD prices on the tag
. I don't know when the picture was taken, but if it was this year, then well... with this kind of conversion rate the seller has nothing to lose!
From another hand, lets put it this way - it is crazy to actually post prices in USD, with USD price changing a lot and likely to change a lot, relative to real value in BTC.
Possible solution is to use digital price tags updated in real time...
It is updating (and an "older" product from 2014):
https://www.coindesk.com/bittag-real-time-bitcoin-pricing-retail/
32.
Post 46373607 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.08h):
The monthly update:
Q3 was boring. Q4 just started and brought a lot of healthy, juicy green in recent years. Let's observe if 2018 will be a tiresome 2014 or something different.
33.
Post 46552551 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.09h):
By that chart, we get a largely sad pattern (to the extent that we can count on a pattern of two), because the "real up" does not seem to come until the halvening has already taken place.
It's more like... We were in uptrends one year before and after a halving.
One year before and after the 1st halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2011-11-28zeg2013-11-28ztgSzm1g10zm2g25zlOne year before and after the 2nd halving:
https://bitcoincharts.com/charts/krakenUSD#czsg2015-07-09zeg2017-07-09ztgSzm1g10zm2g25zlAnd in a downtrend during years two and three after the 1st halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2013-11-28zeg2015-11-28ztgSzm1g10zm2g25zlThat's how it looks until now starting with year two after the 2nd halving:
https://bitcoincharts.com/charts/bitstampUSD#czsg2017-07-09ztgSzm1g10zm2g25zlAfter an extended uptrend, we're going sideways until now. Boring, I know.
34.
Post 46556295 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.09h):
But what does it all mean?
A pattern of two constitutes some kind of a significant pattern these days? A kind of binding (or compelling) authority?
(oh we are going onto a 3rd similar pattern, which is showing similarities to the first two, I forgot, but we still are not through the third pattern yet, right?)42?
It's just an observation, nothing more or less. The observer decides if the observed brought any meaningfull information to his eyes and may use them to make decisions.
What I see is the following pattern: uptrend1 - halfing1 - uptrend1 - downtrend1 - downtrend1 - uptrend2 - halfing2 - uptrend2 - downtrend2/sidewayish
My conclusion is (more or less), uptrends around a halfing make sense (supply and demand). As long as the 'fundamentals' don't change, there should be a new uptrend, no later then the next halfing.
Can we go lower until then? Sure. Can we go just sideways? Yes (IMHO this would simply indicate a 'stronger' sentiment then we have had after the first halfing).
What does all this mean to me just right now? I will continue hodling and try to accumulate more with pocket fiat money in case we change into a clear(er) downtrend. If the next uptrend starts sooner, I'm fine.
I know, this sentiment is nothing new in here.
35.
Post 47438912 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.11h):
People talk about GPU mining and buying FPGAs... It must be 2012, I should buy some more BTC.
looks at his watch
Nope, 2018, anyway, should buy some more.
36.
Post 47491336 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.11h):
The monthly update:
Well then... My doubts have vanished. If history rhymes, 2018 is a new 2014 and I decided to enter the accumulation phase again.
Therefore I changed my job to buy more
BTC with more fiat. Am I greedy and who will judge me for this? Buyers of the next wave?
37.
Post 48374550 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.17h):
The monthly update:
So far, everything's going as planned. The new job brought some spare fiat and I'm fighting my way through the legacy financial system to get some fresh satoshis (nope, no
BTC-ATMs in my country as well). And yeah, the price looks alright for this accumulation phase. Life is good.
38.
Post 49018966 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.24h):
A late Happy New Year!
The monthly update:
What remains to be said? 2018 was the new 2014. My current accumulation phase is developing as expected. Not a lot of pages in the WO thread to catch up with after spending a few days with real life content, that seems a good sign. Let's celebrate the 1st block 10 years ago. Gentlemen, it's an honor to witness history with you, real history that matters, that we all can create.
39.
Post 49524926 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.28h):
The monthly update:
Buy
⊂_ヽ
＼＼ Now
＼( ͡° ͜ʖ ͡°)
> ⌒ヽ
/ へ＼
/ / ＼＼Or
ﾚ ノ ヽ_つ
/ /
/ /|
( (ヽ
| |、＼Cry
| 丿 ＼ ⌒)
| | ) /
ノ ) Lﾉ
(_／Later
Done, my monthly accumulation buy limit order just triggered. This winter starts to feel long already. All
BTC are still well protected in their wallets, all good. Back to hibernation mode.
Gentlemen, have a good one!
40.
Post 50036931 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.34h):
The monthly update:
A late good start into the month, gentelmen. Unfortunately, real life caught up with myself and I'm a little late, please forgive me.
In February, after six bloody months, we saw a little green again. Is spring coming? It is still enough time to plant some useless fiat and hodl more precious
BTC in our hands after the current winter.
Have a wonderful March, WOs!
41.
Post 50413674 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.39h):
The monthly update:
It was an exhausting March. Well, anyway, I'm sure I can smell spring now. Some Satoshis have been accumulated. Let them grow, let them grow.
Have a wonderful April, WOs!
42.
Post 50850328 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.44h):
The monthly update:
In April we saw more green, very pleasing. The work is done, some Satoshis have been accumulated. I'm out to enjoy a spring walk with my dearest.
Enjoy the first of May, WOs!
43.
Post 51306889 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.49h):
The monthly update:
Spring has planted greenery to the landscape and it is already getting hot. A little too hot for my liking. It would be a bummer if the green turned yellow or brown/red again.
That said, I'm still in my second accumulation phase and not worried the bull woke up too early. Go Bitcoin, go!
Gentlemen, have a pleasant June!
...
In April we saw more green, very pleasing. The work is done, some Satoshis have been accumulated. I'm out to enjoy a spring walk with my dearest.
Enjoy the first of May, WOs!
We will do something similar
, its a yearly market, so gonna take a walk as well there
Enjoy this extra Sunday as well .......
Thank you Mic, I hope you had a wonderful 1st of May and will enjoy your stay in Spain, have a great time over there!
...
In April we saw more green, very pleasing. The work is done, some Satoshis have been accumulated. I'm out to enjoy a spring walk with my dearest.
Enjoy the first of May, WOs!
Scary. 3 green months in a row. So far happened only 6 times to have 4 or more months in a row. So guess what statistic propose us for May?
before that we had 6 red months in a row for the first time. What does that tell us about statistics?
I love statistic. Although it looks boring it never is. Oh and when i checked again I see was only 4 times. I wanted to say that 6 times is not that low. 4 times is semi low. It is highly unlikely to have 2 more months in green.
Yeah, well, to be honest, I had to triple check the numbers for May to make sure they're actually correct. Now we just have to close June above 8545.8$ and the series of five green months is complete. Maybe it's the right time for a second series of six or... let's observe and gather patiently more data for more stats!
44.
Post 51572661 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.52h):
Apart from the monthly chart, today I'm occupied with a different question. Pie chart or pee? I have chosen the pie chart.
Disclosure: The above does not represent my own slices of the pie.Have a lovely rest of June WOs!
45.
Post 51665599 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.54h):
The monthly update:
Dear Bears,
As HairyMaclairy already mentioned, you have painted a wonderful weekly Doji! The 22% discount really helps during this accumulation phase.
Dear Bulls,
Please let the price stay where it is until the funny money for my DCA buy hits the exchange on Monday morning. Pretty please with sugar on top!
Thank you both!
Dear WOs,
Enjoy July and hopefully the 6th month of healthy green!
46.
Post 52022447 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_16.57h):
The monthly update:
Spring is finally over, the summer has arrived and is already far too hot (at least for my liking).
So here we go with a red month of July. That's fine, let's cool down a bit to enjoy new, fresh green in the future.
China teaches its people what real money looks like, a chairmans saw the light, fresh fiat will be printed, responsibly minded investors can finally buy the real thing - you know the drill, my accumulation phase is not finished.
Gentlemen, enjoy the month of August!
47.
Post 52324225 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.00h):
The monthly update:
August was glowing red again. These hot summers are just annoying. They are only good for one thing, accumulation.
Speaking of accumulation, Bitstamp is now charging a 0.5% trading fee and a new 0.0005 BTC withdrawal fee (imagine you could batch 100 withdrawals into a single transaction)... Next month I'll try Coinbase Pro and might use it as the reference price starting next year. Who will buy with these fees at Bitstamp? Not me. Even Kraken would be more economical.Gentlemen, have a great September!
48.
Post 52483393 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.01h):
Hey speaking of, the entire west is heading towards communism.
In germany a baker was faced with a 25k euro fine for having KG instead of kg on the signs in his shop. We are already living under stalinist conditions.
I'd like to hear the facts from two sources. It's not the commies IMO. It's obsessive insistence with The Rulez and the stantarts that neet to be folloft. The Germans are chronically prone to it, as are some other people, each in their own way. There must be a way for a peep to carve himself some slack. I would start to look for any specific reference to minuscule g's in the letter of the law. As for the spirit, typography apart, it's probably meant to ban unconverted pounds or ounces.
It always starts with one extreme edge case. Then that eventually gets normalized, and they go even further. Communism is a gradual process, not a single event.
I don't know if this is still about facts? However, as a German I am more than happy to explain how the executive works over here collecting pocket money (fines and fees) for the state and/or city.
We have plenty of laws (you can be sure you will violate some as soon as you leave your own property - okay, you probably violate some of them by just breathing on your own property as well). For example, there are laws for retailers how to indicate/state the price and weight of products, how to weigh the product, that scales have to be calibrated every so often, etc. Obviously we have government agencies in place to check all these rules and regulations are being followed.
Let's say that one of the friendly inspectors went into a shop and found the baker violated one of the laws. Our baker will now receive a letter informing him what he has done wrong and that he should correct his mistake within e.g. two weeks, otherwise he can be fined up to 25k EUR. This maximum amount is specified in the applicable law. After two weeks it will be checked whether the baker has fulfilled his duty or not. If not - a fine of, let's say 1k EUR, will be charged and he will receive a second letter in which he will be informed of his first fine, how to pay it and of course he will have to correct his mistake within a new deadline, if he does not... he will receive a third letter to pay 2k EUR and so on. In case the baker is... persistent, he will eventually reach the maximum fine. That's basically how citizens will be "educated" over here.
The key point is most people miss the "up to" in the first letter and panic.
Mainstream media will not notice this either, they have to sell a headline.
49.
Post 52586895 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.03h):
Anyone have a historic list of CME Bitcoin Futures listing and expiration dates?
Not sure if the source is accurate, but these expiration dates might be a starting point for your research.
Jan '18 - 01/26/18; Feb '18 - 02/23/18; Mar '18 - 03/29/18; Apr '18 - 04/27/18; May '18 - 05/25/18; Jun '18 - 06/29/18; Jul '18 - 07/27/18; Aug '18 - 08/31/18; Sep '18 - 09/28/18; Oct' 18 - 10/26/18; Nov' 18 - 11/30/18; Dec '18 - 12/28/18
Jan '19 - 01/25/19; Feb '19 - 02/22/19; Mar '19 - 03/29/19; Apr '19 - 04/26/19; May '19 - 05/31/19; Jun '19 - 06/28/19; Jul '19 - 07/29/19; Aug '19 - 08/30/19; Sep '19 - 09/27/19
50.
Post 52588555 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.03h):
 | | Inspired by HairyMaclairy, I fed Excel with some data and generated this spreadsheet. I'm sure it's just noise. However... If you sold BTC on Tuesday before the expiry of the future and used the fiat to buy BTC on the expiration day (Friday), you could on average buy 2.5% more BTC back. If you used 1 BTC for this kind of accumulation in 2018, this would have resulted in 1.3 BTC by the end of the year. In 2019 (starting again with 1 BTC) in 1.22 BTC so far.
I'm working on a similar spreadsheet for the first, second and third week of the month, let's see what these look like...
Time for my hodl sleep.
Good night WOs! |
51.
Post 52594719 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.03h):
Inspired by HairyMaclairy, I fed Excel with some data and generated this spreadsheet. I'm sure it's just noise. However...
If you sold
BTC on Tuesday before the expiry of the future and used the fiat to buy
BTC on the expiration day (Friday), you could on average buy 2.5% more
BTC back. If you used 1
BTC for this kind of accumulation in 2018, this would have resulted in 1.3
BTC by the end of the year. In 2019 (starting again with 1
BTC) in 1.22
BTC so far.
I'm working on a similar spreadsheet for the first, second and third week of the month, let's see what these look like...
Time for my hodl sleep.
Well, this was fun, a lot of noise. However...
If someone sold
BTC on Tuesday two weeks before the expiry of the monthly CME Future and used the fiat to buy
BTC on the same week on Friday, he/she/it could on average buy 2.98% (2018) or 2.36% (2019 so far) more
BTC back.
Rinse and repeat in the expiration week and add another 2.50/2.22%.
Noise:
52.
Post 52610028 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.03h):
The monthly update:
After an annoying hot summer it became quickly chilly in September, at least we got some rain for more green in Q4. Where are the days you can enjoy life outside? Well then, more time for work and accumulation. Speaking of which, September was another good month to gather some more
BTC as we can see in chart above.
As mentioned last month, I bought my Satoshis this month from Coinbase Pro, as advertised just 0.15% trading fee, that was is. I've noticed they do not batch transactions? Strange. Well, as they wish, better that the new 0.5% trading fee and 0.0005 BTC withdrawal fee on Bitstamp. Gentlemen, have a pleasant October.
53.
Post 52792566 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.05h):
<snip>
Don't know about pure nicotine, but i guess it's easier to get away from it than from tobacco with its dozens or hundreds of secret additives.
Nicotine is more or less like caffeine. If you can't drink your usual cup of coffee or tea, you may get a headache and be a little grumpy. After a while these "withdrawal symptoms" will disappear. What makes cigarette withdrawal so difficult is definitely contained in the thousands of additives found in cigarettes today. One of them might be monoamine oxidase inhibitors, I do not know if they are naturally present in tobacco, but if someone responds to them and want to stop smoking, it could make it very difficult.
54.
Post 52943544 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.06h):
The monthly update:
Gentlemen, I think all of you will agree that after this overheated summer we had an interesting October. A so called Death Cross gave us some little excitement. This is how we know our old friend, the honey badger. Speaking of temperatures, it is already much too cold for October. What should one do in the house when everything is tidy and the laundry has been washed?
For my part, I thought last year a new job would be a good thing at least for the winter time (my old workplace was chilly and I knew the new one has a working furnace) and a way to accumulate more
BTC. The goal was to accumulate a certain amount within a year. Unfortunately, I did not manage to accumulate the whole lot, the current bull started early. Well, I was still able to purchase 60% of the planned Satoshis and can confirm the heating in the new office works.
And what's the moral of the story? Well, even if the weather is bad and the little bulls come out early, you can make the best out of this situation and enjoy the little things.
Have a nice November, Gentlemen!
55.
Post 53244714 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.08h):
The monthly update:
...
Have a nice November, Gentlemen!
Where is Dunkelheit667?
Herr D sechs sechs sieben bitte melden!
Jawohl, am Apparat!
Unfortunately a little bit late, kindly excuse the delay. Sad IRL stuff kept me busy.
Just caught up with all the posts of you fine WO gentlemen and have nothing to add. It's bitter cold and everthing is going to plan. Not sure what to expect from the honey badger in December. As we saw he's always looking for an opportunity to break out... as long as he's not hibernating. According to the recent poll, most of us are Hodlers and the current price looks like an opportunity to buy, even if you are currently not doing any DCA.
Gentlemen, have a nice December, enjoy the time with your loved ones and stay warm! #nohomo
56.
Post 53282735 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.09h):
The monthly update:
<snip>...
Have a nice November, Gentlemen!
Where is Dunkelheit667?
Herr D sechs sechs sieben bitte melden!
Jawohl, am Apparat!
<snip>
I don't mean to digress into too much sentimentalism here, but it seems like we, in this thread, are becoming a lot more dependent upon your updates on a more regular basis, Dunkelheit667. I can recall earlier days in which you surely were not on schedule or even regular in terms of posting these kinds of monthly BTC price updates, but now, we are having difficulties going on in life without your updates to confirm where we "are really at."
It's like if Xhomerx10 stopped making hats, we would be fucked.... or at least, our fashion would suffer in terms of getting source based updates - not that I want to change my own fashion.. I tend to be a kind of stuck to habit kind of guy when it comes to avatars, which has transmorphed into hats, and surely, over a year ago, I was reluctant to change my first avatar to a hat, and more recently, Xhomerx10 converted me into a version 2.0... kind of against my will, but it is what it has become.. .so sometimes a guy (or even a gal, if there are any in here?) gotta just go with the flow, rather than fighting the flow, just like with honeybadger and her price movements... it's going to do what it is going to do, and buyers, hodlers and accumulators just gotta go with where-ever she takes us, which seems to be UP in the longer term zooming out perspective (ongoingly confirmed by your monthly chart updates), no?
You are a good observer. I also thought the call was a little early after only being a few hours behind schedule as this was not the first time. Surely exceptional, but within traditional tolerances.
In my humble opinion, we all need our safe places and routines in times of more or less boring sideways actions aka accumulation phase. Such as this thread with its valuable information, traditions and honourable members. So we can stay on the road and not end up in a ditch like others before. It's always a pleasure to share the monthly update
(inspired by gentlemand), also to know for myself where we are right now. The bigger the picture, the more details we can see and enjoy (the way up).
That's interesting, I also tend to wear the same style (partly also the same clothes) since... my memories begin. And sadly regret not being able to wear a hat as this would not be a challenge for the hatter, as I can only wear one grayscale, black in black.
Going as well with the flow in many other areas as my signature suggest (outside this thread).
Back to hibernation mode, enjoying the flow. Gentleman, have a peaceful month of December, also enjoy a (pleasant) sentimentality as it comes along.
57.
Post 53411028 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.10h):
<snip>
Can you guess where this is?
Pass!
Google was not helping LOL
Edit: It looks like a volcano?
It is, looks like Mount Vesuvius.
58.
Post 53506029 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.11h):
The monthly update:
Not much to say, 2019 was... well, expect the unexpected. ~94% "gains" are not that bad. On the other hand some may have had to reconsider their accumulation strategy and/or switch to some kind of DCA?
Anyway, I wish you Gentlemen a happy and healthy new 2020! Stay as you are, improve where you think you might lack some skills/qualities and make the best of this arising decade (starting this or next year, whenever you think it's appropriate).
Not sure if the 2020s can be as inspiring as the 1920s, but I hope they will be at least as exciting as the
1980s.By the way, when do you think mankind had its peak, from a cultural/evolutionary point of view? I think at or around Y2K.
Gentlemen, have a wonderful January!
...
At least we are learning some German culture in all of this, so there is that.... little side benefit.
...
No offense, but this sentence is based on so many misconceptions, I don't know where to start. Would be a topic for a separate thread.
59.
Post 53748785 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.14h):
The monthly update:
The most exciting January since 2014 and a good start in 2020. DCAing still feels comfortable.
However, as some of you gentlemen already pointed out, its nothing like the good old days. I remember times when you came home after work, turned on the GPU Miner for a few hours and of course shut it down before your HODLsleep because of the electricity bill. After this the FPGAs ran 24/7 and you electricitybill went down. The ASICs got a bit boring, too stable for my liking and even the brother-in-law's grandmother had one. Back to the present day... you invest what you can afford by simply buying the corn. Times are changing, as the amount of corn you can accumulate during a specific time frame. Just checked my books and it looks like three days of casual GPU mining are now equal to one month of slavery. Note to myself: when you have to work one year for the same amount, take a longer break from slavery.
...
At least we are learning some German culture in all of this, so there is that.... little side benefit.
...
No offense, but this sentence is based on so many misconceptions, I don't know where to start. Would be a topic for a separate thread.
For an attempt at clarification, I was NOT at all striving to be disrespectful to German culture or to really say anything about German culture at all except to facetiously respond to what I considered to be the various nonsensical points that Gyrsur was increasingly excitedly spouting about.
Maybe I should have placed a #nohomo tag in there somewhere in order to indicate that my comments were NOT intended as any kind of literally serious assertion about substance?
Please keep providing you monthly updates.........
#nohomo.....
I appreciate your answer very much and was unfortunately not able to answer in a timely manner due to a lack of... time. Since the subject is already history, just to clarify, Gyrsur had one or two interesting points, which he might have articulated a bit puzzling and rude. Like the charts, German culture also seems to be changing. To be able to discuss this, it would be necessary to define what German culture was or is. Anyway, as a German, I don't attach much importance to this controversial "culture" topic, try to respect the past, live in the present and hope for the future. It is much more revealing to provide the monthly update than to discuss cultural mental states. We are Satoshi.
Gentlemen, have a great February!
60.
Post 53938671 (copy this link) (by Dunkelheit667) (scraped on 2020-04-04_Sat_17.17h):
The monthly update:
Not much to report, happy I bought one of the dips last month around 9480 USD. DCA is working fine at the moment.
Other than that... got my second flu or something like that this season, even though my hands are sore from all the washing. One of the disadvantages of working in an open plan office. Anyway, the administration already has a plan when the "new flu" finally reaches the city. Our desks and the single toilet for 50 peeps will then be cleaned more frequently.
Probably all with the same wipe. When the time comes, I will put a note on my desk saying please do not clean.
I feel the urge for UVB and miss the green, will we have spring this year in March, please?
Gentlemen, have a great March, stay healthy, wash your hands and use (hand) lotion! #nohomo
PS: And no, not really afraid of the Wuflu, just amused about desperate measures to "stop" it.
