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781  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2018, 09:29:29 AM
Do people like these sentiment updates or are they dumb?


I like these sentiment updates, we need these rare on-topic posts Smiley
782  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 28, 2018, 10:59:56 AM
Hm. Are we holding at almost 400 transactions a second?

Remember when 3 tps would crash the network?


400tx/s?? What are you talking about?

It it a typo?
I really should not check this stuff after waking from weird dreams. 3.79tps, not 379 tps.....

https://www.blockchain.com/btc/unconfirmed-transactions

does this really count all transactions? segwit and lightning?
783  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 28, 2018, 05:36:52 AM
this is looking pretty barty

so sad but true. I hope we are wrong.

edit: w00t. I think we are wrong. or there is a second bart forming right now.
784  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 27, 2018, 08:07:59 PM
the last high was at 6840.9 on bitfinex. will we break the last high this time?
785  Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 1% fee solo mining USA/DE 251 blocks solved! on: September 26, 2018, 01:19:29 PM

this site is also useful: https://www.blocktrail.com/BTC/pool/solockpool
786  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 24, 2018, 12:44:02 PM


the honey badger raccoon is ready to roll
787  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 24, 2018, 09:16:19 AM
Found this on Twitter
Not as simple as it looks alike
Your bets





(1/6000*7000)+(1/8000*9000) = $2.29166666667    

edit: this 1 $BTC is misleading.

buy 0.00016666666 bitcoin for $1 at $6000
sell 0.00016666666 bitcoin for $1.16666662 at $7000
buy 0.000125 bitcoin for $1 at $8000
sell 0.000125 bitcoin for 1.125 at $9000

sum: 1.125 + 1.16666662 = 2.29166666667
profit: 2.29166666667 - 2 = 0.29166662

edit2: still wrong I think. here is another try:

buy 0.00016666666 bitcoin for $1 at $6000
sell 0.00014285714 bitcoin for $1 at $7000
buy 0.000125 bitcoin for $1 at $8000
sell 0.00011111111 bitcoin for $1 at $9000

$0 and 0.00003769841 BTC is my final answer. I give up too Smiley
788  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 23, 2018, 06:21:14 PM
6920 then 5200 then 6500 then capitulation around 3K in january 2019

With this difficulty there's close to 0% chance for ever getting back to $3000. Yes, electricity prices * difficulty are not directly correlated to BTC price, obviously, but no miner can afford to subsidize electricity costs to BTC network. You can not operate with a long terms loss, they will simply:
a) turn off the machines, or
b) stop dumping immediately what has being mined, making permanent bottom on break-even price level.

Guess which one is more likely to happen.

Bitmain just announced that it has finally developed a better ASIC chip. It will be 42J/TH. Bitfury also announce that they have a new ASIC chip which gets 55mW/GH. https://www.coindesk.com/bitmain-ceo-announces-new-7nm-bitcoin-mining-chip. I put in some figures, and it appears at the current difficulty and 5 cents/kwH price in China, that brings the electricity cost down to less than $1,500 USD to produce 1 BTC. If the difficulty doubles, it will still be less then $3000 USD to produce a BTC. And I suspect some of the larger mining farms in China are getting a better deal than 5 cents/kwH. Therefore, the break-even floor is going to be lowered.
However, I really don't think BTC is going to go much below 5000 USD. After all, Bitcoin core just patched up a major bug that was present for almost 2 years, and the market responded like it was just noise.  Cheesy

Kinda concerning really.  Is that last bug and we're all fixed now? Whew!  Roll Eyes  Inflationary bug? First I've heard inflation was actually possible for btc.
What is the likelihood it was planted there intentionally?   Maybe someone just discovered a hidden pot of bear juice.  Sorry, gotta ask cause that's a pretty big banana.

This is really concerning and I'm pretty sure that this was not the last bug to be found. Bitcoin is still under heavy development and some bugs are very hard to discover. New code can introduce new bugs.

Banks, media, governments, whales, ..., nobody can kill bitcoin. Only a critical bug can stop this project immediately.

But

Every day bitcoin survives without an exploited bug proofs the stability and secureness of this technology.
789  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 21, 2018, 06:07:51 AM
https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/

Fixed in patch 0.16.3

Quote
"A distributed system is one in which the failure of a computer you didn't even know existed can render your own computer unusable”

This bug was not only a DoS bug, it was a critical inflation vulnerability:

https://bitcoincore.org/en/2018/09/20/notice/
790  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2018, 07:16:49 PM
crazy dump and pump is going on and nobody is talking about it. engage the 1minute chart, it's popcorn time
791  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 18, 2018, 09:01:15 AM



CNBC Reverse Bitcoin Price Indicator - pump incoming?
792  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2018, 03:36:30 PM
at least the volume is back, people are buying again  Grin
793  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2018, 11:30:40 AM
794  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2018, 08:29:42 PM
@vroom, good catch pointing out the image I published already circulated in this topic. I just deleted the message

don't worry, I also reposted this image and many others.
795  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 12, 2018, 08:12:18 PM
^

Smiley

This thread is beginning to really annoy me lately  Undecided



(A dozen or so pages back)

It is bad because anyone with half a brain now knows that Bitmain holds one million Bcash lol that it cannot sell.  This is a massive stock overhang.
https://moneyweek.com/glossary/stock-overhang/
In other news:

796  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 07, 2018, 08:25:54 AM

This news had nothing to do with the drop.

So why this drop  Huh

More people wanted to sell than buy at those prices.

"more people" is a wrong definition. A single whale can move the price.
797  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2018, 12:08:04 PM
chart patterns can be found and matched to anything. it's just a matter of the correct zoom and time frame.
all this comparisons and chart predictions reminds me of this movie:



A merit for the first one who guesses the correct movie title.

Pi

https://www.imdb.com/title/tt0138704/?ref_=nv_sr_5

that was fast Smiley it's one of my favourite movies, I really recommend watching this low budget ($70,000) movie.
798  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2018, 11:44:31 AM
chart patterns can be found and matched to anything. it's just a matter of the correct zoom and time frame.
all this comparisons and chart predictions reminds me of this movie:



A merit for the first one who guesses the correct movie title.
799  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2018, 05:51:44 PM


is it flippening again?

edit: combo breaker Grin
edit2: I think he gets paid per post and not per word
800  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2018, 12:23:46 PM
nice bitcoin explorer with cool stats: https://blockchair.com/bitcoin/
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