agree. normally where you are the decision-maker/rule settter in a field you cannot go back into the market place eg judges cannot practice again, auditors-general cannot practice again and I think ombudmen cannot set up offering advisory etc services after they finish their term.
it is not a good look - but sadly the financial sector often seem to work by a different set of rules.
Looks like Twitter has been hit with some sort of court order or warning letter. All of Bitfinexed tweets are hidden.
its not the only social media body that is nervous. Facebook has banned any advertising pages that cover ICOs, bitcoin and other cryptocurrencies. You can still post mentioning these things but cannot have your post "boosted" . Boosted is facebook speak for paying them to spread it to a defined demographic rather than organicly.
Let's assume (for the third or fourth time, I know) that
this is the last time we see quad-digits. Dangerous, I know, but I get impatient.
Since my last update, this means
Da Bears only managed to erode into a single doubling floor, extending the $5k to $10k floor by 21 more days, for a total of 121 days since we last saw $5k.
For reference, the Mt Gox correction eroded three presumed doubling floors ($640, $320, $160), taking over three years to reestablish these support levels.
Projecting from trend, I'm thinking another 90 days until we establish $20k as a new floor, maybe around mid-May.
$10k marks the 12th Bitcoin doubling floor since $2.50 in 2012.
The shortest doubling floor was 39 days from $20 to $40.
The longest doubling floor was 546 days from $80 to $160 post-Mt Gox.
As a HODLer, I prefer charting floors vs all-time highs. ATHs are too transient and susceptible to FUD, making them more suitable for
rektees traders.
Go Bitcoin Go!
https://bitcointalk.org/index.php?topic=2834180.msg29061043this chart is great. it shows lots of things but mainly the benefits of not selling and even if you buy at a 'worst possible time" it all comes right
eg if you only got into bitcoin at the height of the goxxing and spent $5,000 at a $1000 price it would have given you 5 bitcoins. It would take about 3.5 years for the price to recover to that point and another 0.5 years for it to be at $10,000.
ie your $5000 has in 4 years become $50,000 or the equivalent of an 80% annual compounding interest rate if the money was in the bank and during that period the banks would have only given you say a 3% compounding rate. No wonder they are scared.
It makes it a "no brainer" that for all - big and small- that you have at least some of your savings in bitcoin.
Is my arithmetic reasonably accurate?
Can we go back to arguing about child support?
in some earlier posts on this thread about the number of cases where the father is not the biological father of the child there were extraordinary numbers quoted.
It is around 1.8% in new Zealand and likely to be close to that in many countries - amuch lower percenatge than other quoted but still a fairly large number when you count them in groups eg children currently 0-15.
Under some circumstances fathers who find out are entitled to refunds of child support/custody payments.
https://www.stuff.co.nz/life-style/parenting/93634977/Sex-lies-and-a-baby-When-dads-discover-they-aren-t-the-father-after-allThe lastest from Masterluc:
Have thrown the schedule. I completely agree. Moreover, I have been talking about this since the fall: 20,000-consolidation-100,000
The truth here is to use the function y = √x instead of trend lines this is certainly know-how. Thanks, masturbate. But this is very correct, because it is this function that describes the emission of bitcoin.
dont we need to see these charts created from different start points to see the effect more recent price levels have on the forecasted lines?
eg start one at say $5 and another at $100 and another at $1000. The figures for possible future prices would still look very impressive but not quite as huge as this chart shows.