All posts made by Mr Frog in Bitcointalk.org's Wall Observer thread
1.
Post 20075041 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.13h):
BTC total Market Cap
11th june 2017 $47 000 000 000 ---> 11th july 2017 $38 000 000 000. $9 000 000 000 lost in 1 month.
11th july 2016 BTC total market cap $10 000 000 000
2.
Post 20075278 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.13h):
BTC total Market Cap
11th june 2017 $47 000 000 000 ---> 11th july 2017 $38 000 000 000. $9 000 000 000 lost in 1 month.
11th july 2016 BTC total market cap $10 000 000 000
Like you said.. about 470% gained in a year and about 18% lost in a month.
There is nothing new when we consider that bitcoin and other cryptos experience ups and downs in their prices (and accordingly their market caps), right?
And what about the volume ? Ups and downs yes. But a fall of $9 000 000 000 last year would have nearly wipe out BTC lol
3.
Post 20075567 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.13h):
Surely you are looking at this completely wrong. You can't comment on $, you need to work it out in % otherwise it's pretty crappy logic
Agreed, marketcap numbers are skewed and not a complete picture.
The things to focus on are: estimated market float vs. "circulating supply", total supply cap, relative distribution, and %up or down. You also have to account for what is most subjectively "valued" relative to bitcoin (i.e., bitcoin is more valued than an alt, which is more valued than an ICO token).
Yeah I knew it was maybe a short cut way to see things. But hey! the OP is "Observer BTC/USD..." so I though why not.
Thanks anyway.
4.
Post 20075854 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.13h):
Surely you are looking at this completely wrong. You can't comment on $, you need to work it out in % otherwise it's pretty crappy logic
Agreed, marketcap numbers are skewed and not a complete picture.
The things to focus on are: estimated market float vs. "circulating supply", total supply cap, relative distribution, and %up or down. You also have to account for what is most subjectively "valued" relative to bitcoin (i.e., bitcoin is more valued than an alt, which is more valued than an ICO token).
Yeah I knew it was maybe a short cut way to see things. But hey! the OP is "Observer BTC/USD..." so I though why not.
Thanks anyway.
It does not hurt to speculate in various ways and to consider different kinds of frameworks... However, if you get too loosey goosey with your logic and your framework, then you are talking gibberish or placing way too much importance into factors that have little to no value.
Sometimes the framework that you chose to describe something, such as bitcoin, or you try to communicate how it has changed, there is some meaning to your assertion that the whole dollar value market cap change is equal to the whole market cap of a year ago, but then you need more than just that one fact to come to any kind of meaningful conclusion regarding whether you are asserting the asset to be overvalued or some other argument that you want to make about it.
I do not overvalue Bitcoin, and did not wanted to make any argument in particular other than the numbers from the BTC Market Cap alone.
But I understand that it doesn't mean much looking at it alone.
Regardless, the figures when I saw them made me think that BTC took a huge step UP in 2017.
And that now such a huge drop doesn't affect the price that much. I mean, at the moment it is nothing in term of dollars for BTC. Specially if we add on top of that the war we are in.
Sorry not been English native speaking cost me more time to make dip analysis. The words doesn't comes naturally.
5.
Post 20076104 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.13h):
BTC total Market Cap
11th june 2017 $47 000 000 000 ---> 11th july 2017 $38 000 000 000. $9 000 000 000 lost in 1 month.
11th july 2016 BTC total market cap $10 000 000 000
I can add those numbers to have more short data.
Total Market cap was around $25 000 000 000 until mid April 2017 Then...
From $54 000 000 000 to $116 000 000 000
in 1 month mid may to mid june 2017 +$62 000 000 000
From $116 000 000 000 to $78 000 000 000
in 1 month mid june to mid july 2017 -$38 000 000 000
Bigs Ups And Downs.
6.
Post 20159548 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.13h):
Cliff High is more of a lunatic btc shill than metals shill, or just a lunatic in general. He was telling everyone to buy cloakcoin for fucks sake.
If you are interested in making money it was not a bad advice...
Cloackcoin: May 18th $0,38 - June 9th $3,65 - june 28th $10,30 - As for today $3,86
Do
you have a coin for me that I can flip min x10 and even possibly x25 in 1,5/2 month ?
7.
Post 20175068 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
I just heard that quote: "
If you've not been throught a crash with BTC then you are not a Bitcoiner yet."
I guess I am becoming a Bitcoiner. Cool.
It can drop more... I am not scared at all.
By the end of summer we will be back at $2900. And looking UP.
8.
Post 20175322 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
I just heard that quote: "
If you've not been throught a crash with BTC then you are not a Bitcoiner yet."
I guess I am becoming a Bitcoiner. Cool.
It can drop more... I am not scared at all.
By the end of summer we will be back at $2900. And looking UP.
Summer 2020 or 2021 that is.
uh!... I was expecting by the of this summer. ^^ Is that not enought of a crash to become a Bitcoiner ?
I just heard that quote: "
If you've not been throught a crash with BTC then you are not a Bitcoiner yet."
I guess I am becoming a Bitcoiner. Cool.
It can drop more... I am not scared at all.
By the end of summer we will be back at $2900. And looking UP.
Let me guess, you are all in with .05 btc?
Bad guess. Started with 0,8 BTC in Cryptos in October 2016. Had 3 BTC start of June and I ordered 1 S9 and 1 L3+ when BTC was $2600.
Still hold some BTC even if it is not a lot, still I invested some money in it.
And I did it to support BTC seen the situation we are in with the Chinese miners, pools, and others.... I could have gone for profit but I didn't.
I think long term.
9.
Post 20176081 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
I know there is a lot of old bitcoiners here. One thing make me think that we are near the bottom here. Even at very low electricity rate we are now at $4,85 per day reward for mining with 1 S9.
I am sorry but it would make no sense to mine losing money. That would mean Bitcoin is dead.
So can somebody who think BTC is going to $1250 or below explain to me how that would work thinking that at that price every miner is loosing money.
I mean we all love bitcoin but there is a limit I suppose.
10.
Post 20176209 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
I know there is a lot of old bitcoiners here. One thing make me think that we are near the bottom here. Even at very low electricity rate we are now at $4,85 per day reward for mining with 1 S9.
I am sorry but it would make no sense to mine losing money. That would mean Bitcoin is dead.
So can somebody who think BTC is going to $1250 or below explain to me how that would work thinking that at that price every miner is loosing money.
I mean we all love bitcoin but there is a limit I suppose.
Most BTC holders these days are not miners. The don't give a shit whether they ROI or not. Yes, there are some big interests in mining, that may try to prop things up. But I doubt that it's going to be enough. Especially when many of these big mining interest are getting subsidized electricity from China...
Ok for the holders, but we are not in a proof of stack. They may not give a shit but I don't think the miners give a shit of the big holders ?
I mean no miners no decentralized blockchain ?
Edit: Even with free electricity there must a point price limit. And if only people or big mining pool with free electricity are the only one mining how decentralized that become then...
11.
Post 20176374 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
I know there is a lot of old bitcoiners here. One thing make me think that we are near the bottom here. Even at very low electricity rate we are now at $4,85 per day reward for mining with 1 S9.
I am sorry but it would make no sense to mine losing money. That would mean Bitcoin is dead.
So can somebody who think BTC is going to $1250 or below explain to me how that would work thinking that at that price every miner is loosing money.
I mean we all love bitcoin but there is a limit I suppose.
Most BTC holders these days are not miners. The don't give a shit whether they ROI or not. Yes, there are some big interests in mining, that may try to prop things up. But I doubt that it's going to be enough. Especially when many of these big mining interest are getting subsidized electricity from China...
Ok for the holders, but we are not in a proof of stack. They may not give a shit but I don't think the miners give a shit of the big holders ?
I mean no miners no decentralized blockchain ?
Things take time. Markets at tops and bottoms always overrun the fundamentals. That's the very definition of top and bottom. You also assume there isn't a next gen miner already deployed and mining for bitmain.
No I did not though about next gen. because I assume there is not. True. But thinking of it. It become then much more centralized and this is not the BTC I signed for sorry.
12.
Post 20176602 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
Ok for the holders, but we are not in a proof of stack. They may not give a shit but I don't think the miners give a shit of the big holders ?
I mean no miners no decentralized blockchain ?
You think a holder (soon to be x-holder) who is planning on making their exit cares about the state of the blockchain after they have the required confirmations to move their BTC to dump? I think not.
They can dump their BTC for sure. The point here is not to know who's got the bigger.
We are in it because we love it and we believe in it. If we get to this point of selling and stop mining then we closed the business, good night.
The doors are closed.
What I was thinking is where is the balance in price, there must be a price limit under it is not sustainable to carry on with the chain ? Again If everybody dump then it is finish.
I may be wrong but it make no sense to me to see btc going back under $1000 unless he goes back up just after. But I don't know how it worked in previous crash and if it was still ok for the miners to mine at that time.
13.
Post 20183859 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
So is segwit2x looking likely?
Why are some people against it? What are the disadvantages with seg2x?
Thanks in advance.
SegWit2x code is a joke.
https://en.bitcoin.it/wiki/Segwit_support
14.
Post 20198722 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
Charlie Lee:
TIP: There's not enough time to test/review the btc1 code now, It would be wise for pools to run core+bip91 instead:https://github.com/segsignal/bitcoinPreviously stated:
2 weeks is not nearly enough time to peer review consensus changing code. And 3 months is not enough time for everyone to prepare for a HF.What a mess...
15.
Post 20199095 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
What a mess...
I think everything will be fine.
...I guess it could be call decentralized. Which is good at the end.
16.
Post 20267479 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
New ATH Tomorrow. July 21st 2017.
Fast & easy, no need to wait.
...What ? I need money tomorrow.
17.
Post 20268321 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
It will be ended by tomorrow anyway. And early.
I Love this game.
Thank you micgoossensUPDATE ON ATH ATH ATH ATH GAME LAAAAAAAAAST CALLL LAAAST CHANCE FREE BTC BETS WITHIN 24 H, NO BETS TAKEN ANYMORE AFTER 21/07 23:22 (CET)
...
21/07 Mr Frog
...
Greetz, your Bitcoin sponsor
18.
Post 20269170 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
UPDATE ON ATH ATH ATH ATH GAME LAAAAAAAAAST CALLL LAAAST CHANCE FREE BTC BETS WITHIN 24 H, NO BETS TAKEN ANYMORE AFTER 21/07 23:22 (CET)
Didn't forgot anybody?
What to win?
ATH BTC date = 0.25 BTC + 0.25 BTC EXTRA for a specific reason why this date!
Greetz, your Bitcoin sponsor
New ATH Tomorrow. July 21st 2017.
Fast & easy, no need to wait.
...What ?
I need money tomorrow. Woooow I did not knew about the extra... Lucky I did mention why an ATH on the 21st...
19.
Post 20269511 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
!!!!!!!
Guys because i am offering free money and there is no two-sided bet, i wont use this escrow. You are all essentially freerolling with nothing really at stake. I will guaranteed pay out this competition and it will go to someone that did not doubt me and participated in this freeroll. Skeptics after that point will be silent and will only look more foolish. Cant blame people for being distrustful on these forums but im not going to great lengths to prove my sincerity as I feel no obligation to do so. So participate and make a guess or stand by the sidelines and be a skeptic. But dont sow any seeds of doubt, we have enough of that here already when some of the fudsters crawl out again 😉
and today possible MR FROG 
still 23h 35 minutes ahead Hey There is nothing to loose for us anyway. We have fun. By the way The prize for this free roll is crazy micgoossens
The Bitcoin price was going atomic yesterday, one of those
BTC crazy days.
We don't even need that much of a gain today to reach ATH... $200
20.
Post 20269848 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
Kind of crazy candle, a bit scary. $600 for the day !
...Still +$150 for ATH & 7/8 blocks for the Champagne.
21.
Post 20270022 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
BOOM WTF of a Day! 30% up
22.
Post 20270110 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
BOOM WTF of a Day! 30% up
And you may win the prize!!
Not sure... Pretty close.
I see the dump coming but will it hold ? Dump big enough ? lol
23.
Post 20270497 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
Count Down to ATH
5
4
24.
Post 20290859 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
New ATH Tomorrow. July 21st 2017.
Fast & easy, no need to wait.
...What ? I need money tomorrow.
Damn that was close. & We are not gonna make it in the next hour for sure.
It was a nice ride anyway.
Good luck all.
25.
Post 20291276 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
New ATH Tomorrow. July 21st 2017.
Fast & easy, no need to wait.
...What ? I need money tomorrow.
Damn that was close. & We are not gonna make it in the next hour for sure.
It was a nice ride anyway.
Good luck all.
Yes it was very very close. Thanks for taking a date on the game, it was a pleasure
Hey thanks to you micgoossens. It is fun anyway. Let's see who get's the good one.
26.
Post 20332787 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
Please let me know when this thread gets back to discussing Bitcoin again...
Bitcoin Cash BCC
Peer-to-Peer Electronic Cash
https://www.bitcoincash.org/On August 1st 2017, We the People will breathe new life into Bitcoin.
Fork Date: 2017-08-01 12:20 p.m. UTC
Bitcoin Cash (Futures) (BCC)
$509.62
https://coinmarketcap.com/currencies/bitcoin-cash/https://bitcointalk.org/index.php?topic=2040221.0How many forks are planned ?
27.
Post 20357659 (copy this link) (by Mr Frog) (scraped on 2020-04-04_Sat_15.14h):
No, no. No hard forks.
Yes, yes. Yes hard fork.
