All posts made by junckmonkey in Bitcointalk.org's Wall Observer thread



1. Post 37737111 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.55h):

Quote from: mymenace on May 18, 2018, 07:52:16 PM
Of course, the world has not yet seen a blockchain that has been battle-tested, that does not reward the maintainers in a native token. So there's that. What's the incentive?

Unless someone solves this problem in the realm of game theory, it is impossible.  This is one of the absolute foundational pillars for the stability of bitcoin the removal of which would create a sort of 2 legged stool.

...
Will there be a mass realization that blockchain without bitcoin is just a slow, shitty database? How long will this realization take?
...
I wonder about that, too. Most crypto people I know from meat space think some "newer, better" coin will supersede bitcoin, yet most don't know how bitcoin or any of the alts actually work.

What they also don't get is that if bitcoin was replaced by something newer, more shiny (assuming such a thing would exist), then not only would bitcoin be pointless but also the new shiny coin, and every next shiny coin down the line.

It's either bitcoin, hooks into bitcoin, or it's a parasite sucking on bitcoins success.


As data grows so does network capabilities and data communications

This was inherently known in the building of bitcoin.

Mathematically at some point the blockchain will be a see all and do all at any point in time instantly for any app based tool.

So far so good

blockchain.info

check out your wallet address balance

you gotta beat the bitcoin blockchain test base (9years, hacked to the nth degree - no success) before anything will supercede bitcoin

and the wealthy know it



The currency war continues

Flood with alt shitcoins - The new USD coin/ripple/bcash/ethereum (centralized crap)

and get peeps movin a way from the gold





Fed hacked '71



2. Post 37746879 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.55h):

Quote from: nanobtc on May 19, 2018, 04:26:09 AM

We don't need no steenking watches. Is that a Glen Plaid (Glenurquhart check) pattern on the jacket? That's hard to find now. It's also nifty, tuff and bitchen {insert your own adjective here}.

Zappa also had a short-lived advertising company named Nifty, Tough and Bitchen. Here's an old Hagstrom guitar ad from said company.

http://www.vintageguitarandbass.com/graphics/hagstromfrankzappaH12.jpg

EDIT: I can verify, this is legit. Because I'm a musician, and I saw it a magazine (it's gotta be true). A 12-string Hag? Those bent over quickly, not enough truss rod.

how shall i say, wham-bam-thank-you-maam



3. Post 37750711 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.55h):

Quote from: nanobtc on May 19, 2018, 05:07:15 AM

how shall i say, wham-bam-thank-you-maam
Like David Bowie/Suffragette City.

But seriously folks.


Don't feed the trolls. Don't quote, nor respond.

My take on BTC? I have no take. If you cannot trade, don't. Dollar cost averaging? Buy a little on a regular basis.

I appreciate the accumulated wisdom here. Often.



Wait....you have no take?



4. Post 37751761 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.55h):

my chartz saying going up



5. Post 37752378 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.55h):

cmon .99999 bcrew kick it in.....



6. Post 37754053 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.55h):

don't you dare send it to fluffy CAPS, i want that wartch and you no it. hehe



7. Post 37754834 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.55h):

no, the other bcrew.....



8. Post 37755621 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.55h):

Quote from: infofront on May 15, 2018, 03:52:51 PM

I highly recommend this book to anyone even remotely interested in Bitcoin, "blockchain", or any other cryptocurrency. It's been making some big waves through the Bitcoin community. As the review above points out, it makes one of the strongest cases yet for Bitcoin maximalism.

I like this  Smiley :

https://cdn-images-1.medium.com/max/800/1*YD09w9C5AYNdRyCM48oIYQ.jpeg

+1 WOsMerit



9. Post 37757307 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.55h):

cmon folks, it is gettin so quite in hear that i might half to throw a hello out to Rosewater soon.



10. Post 39916975 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

should i buy this?

NM, BTGDDIP!a2!!1wooooohweeeeeee



11. Post 39917404 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: kingcolex on June 11, 2018, 11:53:22 PM
Small pump hell yeah!

woooh, going for it, wish me luck!!!

OMG: I'm FAt!!!



12. Post 39917704 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: JayJuanGee on June 12, 2018, 12:04:15 AM
Small pump hell yeah!

woooh, going for it, wish me luck!!!

Why wish you luck?  Has this become a gambling thread, now?

You come off as an attention seeking troll that is preparing to come back to the thread and to whine about all the money you supposedly lost from having had entered a leverage long and mortgaging your house based on your emotions.   Roll Eyes

JJG, I like your investing approach.   Been reading your words now for awhile, much love.  I just feel I have a beet of a neeche to geet in.



13. Post 39917971 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

I would like to ask my posting friend nanobtc for advice.  TYIA  *(TankUinAdvance)((((!!!!!!



14. Post 39918115 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: jojo69 on June 12, 2018, 12:26:57 AM

fucking christ

wait, jojo, who is this friend of mine ?



15. Post 39918251 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: jojo69 on June 12, 2018, 12:30:51 AM
A (big) jump from here will make bitcoin have a confirmed:

-three rivers bottom
-giant diamond bottom
-triple bottom

...and bears will have wet-pants bottom
I'd be popping a bottle of $6 champagne.

WHAT'S THE WORD?

https://wine-searcher1.freetls.fastly.net/images/labels/15/45/thunderbird-the-american-classic-white-california-usa-10421545.jpg
GOING UP?



16. Post 39918599 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

bob, it is time for that 912 now man

PM me if you need help



17. Post 39918867 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: JayJuanGee on June 12, 2018, 12:28:16 AM
Small pump hell yeah!

woooh, going for it, wish me luck!!!

Why wish you luck?  Has this become a gambling thread, now?

You come off as an attention seeking troll that is preparing to come back to the thread and to whine about all the money you supposedly lost from having had entered a leverage long and mortgaging your house based on your emotions.   Roll Eyes

JJG, I like your investing approach.   Been reading your words now for awhile, much love.  I just feel I have a beet of a neeche to geet in.

Win me over with flattery... ..

I am so embarrassing...

http://images.girlslife.com/posts/021/21625/breasts-521.jpg

hahahhahaha



There is nothing wrong with taking a bit of a heavier "in" position based on feelings about the direction of BTC price... So, for example, sometimes you can overbuy BTC for a little while if the price is going down with plans to even out your risk (by selling) when the price goes back up.  That kind of overbuying bet can be made in a reasonable way.

The same is true for when BTC price are going up.  You can sell a bit more than you would otherwise sell, out of anticipation that the BTC price is going to reverse at some soon point.

No matter which direction you are playing the price, I would suggest to NOT go 100% with your overbetting, just in case you are wrong about the impending reversal.

In essence, I am not going to quibble with you or your strategy if you are engaging in a form of front loading and anticipating the price direction, but if you hoping for luck with a kind of gambling, those kinds of tactics are more difficult to manage and takes a while to build skills to bet based on reason and logic rather than pure faith (or luck as you mentioned).

JJG, kind of curious, what kind of car do you drives?



18. Post 39919019 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

hwat ? one word--air/water



19. Post 39919193 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: junckmonkey on June 12, 2018, 01:14:52 AM
hwat ? one word--air/water

356 FTW and I'm sure u wood too



20. Post 39919302 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: pacman7331 on June 12, 2018, 01:23:59 AM
Looks legit. Rounding bottom.

http://i68.tinypic.com/9qh9js.jpg

http://i67.tinypic.com/dfkkcw.jpg


yup, just started.     STEP RIGHT UP....



21. Post 39919575 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: JayJuanGee on June 12, 2018, 01:32:44 AM
Small pump hell yeah!

woooh, going for it, wish me luck!!!

Why wish you luck?  Has this become a gambling thread, now?

You come off as an attention seeking troll that is preparing to come back to the thread and to whine about all the money you supposedly lost from having had entered a leverage long and mortgaging your house based on your emotions.   Roll Eyes

JJG, I like your investing approach.   Been reading your words now for awhile, much love.  I just feel I have a beet of a neeche to geet in.

Win me over with flattery... ..

I am so embarrassing...

http://images.girlslife.com/posts/021/21625/breasts-521.jpg

hahahhahaha



There is nothing wrong with taking a bit of a heavier "in" position based on feelings about the direction of BTC price... So, for example, sometimes you can overbuy BTC for a little while if the price is going down with plans to even out your risk (by selling) when the price goes back up.  That kind of overbuying bet can be made in a reasonable way.

The same is true for when BTC price are going up.  You can sell a bit more than you would otherwise sell, out of anticipation that the BTC price is going to reverse at some soon point.

No matter which direction you are playing the price, I would suggest to NOT go 100% with your overbetting, just in case you are wrong about the impending reversal.

In essence, I am not going to quibble with you or your strategy if you are engaging in a form of front loading and anticipating the price direction, but if you hoping for luck with a kind of gambling, those kinds of tactics are more difficult to manage and takes a while to build skills to bet based on reason and logic rather than pure faith (or luck as you mentioned).

JJG, kind of curious, what kind of car do you drives?

Your question does not seem to be very relevant to any particular recent topic involving me in this thread.  

I suppose you want to know whether I enjoy life, or whether I have an ability to live well or whether I actually have any luxuries in my life or something like that?    

I think that many times, I have mentioned that I was fairly well off, already, before getting into bitcoin...  At least, I hav investments besides bitcoin, and I think about my investment into bitcoin as side money rather than money that I already have for regular living.

Anyhow, several times, I have mentioned that one of my early motivating reasons for getting into bitcoin was to attempt to increase the portability of my value, and I continue to have that goal.  

I have also disclosed that I have ownership in a business that has been tying me down geographically (making me less portable) that I am likely going to be liquidating several aspects of my business this calendar year, even though I will likely continue to have some lingering obligations associated with my business after this calendar year.  

So, since I have been somewhat more tied down, geographically, than I prefer, I have maintained a decently nice car that has lots of bells and whistles and I bought my car by choice a few years back (before getting into bitcoin...)...  I have not bought any new car(s) recently, and I don't find any compelling need or desire to buy any other car(s) because my goal is not to tie myself down more, but rather to free myself, somewhat in the coming years.  Cars and other material items can tie peeps down, and perhaps one of the disadvantages to PMs (besides the fact that they are likely not going to perform as well as bitcoin in the coming years - sorry about that PM bugs - pun intended).  

Are you also wondering what kind of car I could afford to drive?  As compared with whiny Blawb?  Seems a bit of a childish approach to figuring someone out by what possessions they have or aspire to have - although through the years, the wall observer thread has had several peeps posting in this thread who seem to want to attempt to highlight some aspects of their lifestyle by describing some of their stuffs... , which is not necessarily a bad thing, if some peeps want to show those kinds of material possession details.  

Sometimes, the material possession details rise to the level of cashing out part of their bitcoin to show the  poster as a bitcoin bear or as a person who values short-term fiat representations rather than recognizing bitcoin's investment potential.   On the other hand, in bitcoin, if you play your cards well, you can cash out bitcoins, and lock in profits and still maintain a decent BTC stash, which also happens with folks who attempt to approach their BTC investment with longer term foresight.

i don't at all doubt that you are well off.  You have been posting in this thread for some time now.  I am happy to hear that you are satisfied with the car you have chosen to carry you through this life.  I am looking for advices of the kinds of car that the bitcoin folks recommend (aside from the cliche laMBo!). currently drizing a handa CR-V.  Your thoughts appreciated!



22. Post 39919814 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: BobLawblaw on June 12, 2018, 01:47:39 AM
https://coinpick.today/42-billion-lost-in-an-hour-panic-selling-and-market-manipulation-are-the-primary-reasons-of-bitcoin-slump/

Quote
The Bitcoin price crash was caused by market manipulation and panic selling, rather than the Coinrail hack that mainstream media attributed it to.

The price of Bitcoin and other cryptocurrencies have dropped over the past few hours, with Bitcoin now trading above the $6,700 mark. This means that Bitcoin has plunged down by 11% over the past 24 hours. This sudden market crash has got the whole cryptocurrency market talking and the mainstream media and other cryptocurrency news sites are attributing this crash to the Coinrail hack that occurred yesterday.

However, some market experts and traders have claimed that the hack of a minor cryptocurrency exchange isn’t the reason why the market is down, rather the main catalysts are market manipulation and panic selling by most traders.

Bob, you're preaching to the choir, it is obviously the composite operator at work here, ask me how I know.



23. Post 39920594 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: JayJuanGee on June 12, 2018, 01:59:12 AM
[edited out]

i don't at all doubt that you are well off.  You have been posting in this thread for some time now.  I am happy to hear that you are satisfied with the car you have chosen to carry you through this life.  I am looking for advices of the kinds of car that the bitcoin folks recommend (aside from the cliche laMBo!). currently drizing a handa CR-V.  Your thoughts appreciated!

I have my doubts about whether you are serious.  Here, we are talking about bitcoin, and frequently talking about cars or other material possessions is either tangential or weakly related to some bitcoin related point. 

In regards to cars, I have frequently been of the philosophy that they are a practical piece of depreciating property - and in my first years of building my investments, I tended to bargain shop for cars because I was still establishing my investments. 

Perhaps bitcoin has changed the game, to some extent, because bitcoin is a kind of investment that is much more flexible for entrance of dumb money, which I would have considered myself when I just left high school and for many years thereafter, as I was establishing my various investments.  So, in some sense, bitcoin is very powerful for a young person who may be strategic about how s/he decides to invest and strategize into it.

A car remains a reflection of your overall lifestyle and needs, and surely would not need to be permanent statement, unless your style is to buy a car and drive it for 30 years.  Some folks buy random cars, and they understand the temporary nature of their car(s).

Some cars hold their value better than others and some cars are more luxurious than others, and some have more bells and whistles than others. 

Seems to me that there is a delayed gratification concept that many people who are building their wealth should attempt to consider, so in that regard, a practical car can serve very well until other financial foundations are in place.

Also, if you invest well into bitcoin, and you have storage space, then you could have several kinds of cars to suite your various needs.  I have had periods in my life where I have owned several modes of transportation at the same time, but interests and lifestyle change, and sometimes it might not be practical to maintain more than one mode of transportation, and even in some cities, having a car might not be practical (but a nice bicycle or motorcycle might be more practical for that location).
)
Thank you JJG for your thougthul response.  I agree completely, depreciating (who makes that decision BTW???). I would like to invite you and your signifcant(s) to my compound in AL (I already invited my ma) for a 2018 year-end BTC celebration.  Please let me know if you are available, PM for details. Most sincerely, junckmoneky.



24. Post 39921671 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

I'm disheartened to hear you won't be able to celebrate new years with us JJG. Regardless; thank you for considering this once in a lifetime opportunity!    Sincerely, junckmonkey.



25. Post 39922246 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_15.57h):

Quote from: Anon136 on June 12, 2018, 02:57:30 AM
https://www.getdigital.eu/web/getdigital/gfx/products/__generated__resized/380x380/Aufkleber_Trollface.jpg

Is troll face pattern bullish or bearish? Sorry I know this is chart pattern analysis 101 but please bear with me.
BULLISH!



26. Post 42381376 (copy this link) (by junckmonkey) (scraped on 2020-04-04_Sat_16.01h):

Quote from: Raja_MBZ on July 17, 2018, 11:58:44 PM
http://i.imgur.com/K47oGUn.png

bounce back down?