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801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 20, 2021, 03:37:48 PM

-heavy snipping- (Keeping the quote short, but OP is worth reading in its entirety.)

Looking over on the Bitcoin Futures chart, this IS the sort of golden cross investors will be interested in buying. Price is above both the 50 & 200 MA, where price is notably beginning to find some buying pressure:



The death cross sell signal of $32K was notably awful, to the point where it looked like a fake-out

I'd be incredibly careful trading this lagging indicator. The golden cross (buy signal) is in relation to the death cross (sell signal).

This to me explains why price hasn't capitulated further after the break of $42,900 local lows,



Nonetheless, a break below $42,500 tomorrow would likely result in a retest of $40K. On the 4hr chart, the bulls need a close above local resistance to confirm new local lows.



Now that enough spot traders are feeling bearish with the break of the 200 Day MA, I'm feeling a bit more bullish. Still 55-45 regarding a re-test of $50K before a re-test of $40K.

Have my last. Great short term analysis IMO.
802  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 20, 2021, 03:25:37 AM
We moon this cycle
I'm gonna get my lambo
(Meanwhile, they're dumping)









#haiku
803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2021, 10:13:04 PM
Better than Uber



I would advise against catching a ride in that. From what I gather, the driver always fucks the client in the end.
804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2021, 12:31:56 AM
are there any situations when having battery in, but phone off can affect anything?
A genuine question.

if the battery is in, some part of the phone is on, even if its just something that looks for the power button to be pressed. who knows what else could be powered but "dormant" waiting for some trigger.

no battery is the only way to be sure its really, really off instead of some kind of "soft" off mode.

Right you are. Unless there's a condenser holding just enough charge to keep something still on for minutes. Or hours.

Removable battery should be a safety design requirement IMO. I'd go to such draconian consumer protection measures as "If the battery cannot be removed, you can't sell this in this country, sorry. Security, you understand."

I have a whole list of similarly hardcore user/consumer protection laws that I dream of. One of my faves is "Any data not strictly necessary to carry out the user's command sent out from the device by your program/app will cost you. The user gets to price the data by the byte. If you get sued (and be sure you will, there's real money involved), it's the laws and courts of the user's country that decide." This would include even benign cases such as an app checking for updates without the user's direct request.

A man can dream, right?
805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2021, 09:56:09 PM
RIP Clive Sinclair
https://www.bbc.co.uk/news/uk-58587521.amp
806  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2021, 09:44:29 PM
google auth has issues if the phone breaks.

I, too, have read a few horror stories about that. In each of those cases, downloading WinAuth or some other 100% compatible clone and managing/copying the secrets (keys) on a proper computer allows perfect recovery.

In other words: Use a computer to back up your secrets. It's just a small text file.

EDIT Oops! Dabs beat me to it immediately.
807  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2021, 09:40:22 PM
Stumbled on an interesting article: https://www.zerohedge.com/crypto/nation-states-vs-network-states-vs-crypto-claves?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

A few sound bytes:

"It was that no amount of trying to force a linear extrapolation of the outgoing systems were going to work because the advent of decentralized cryptography and non-state money had already changed the architecture of power and the incentive structures around wealth preservation."

"established policy makers are operating on the premise of a linear extension from their previous experience. Central Bank Digital Currencies are the purest expression of this assumption. Take central bank issued fiat currency, digitize it, add the ability to overlay ideological policy imperatives onto money (like social credit), and then everything just continues on as before.

But the underlying architecture of the global power structure is phase shifting into something else entirely and the reason why is because decentralized, non-state, cryptographically secured money is already here. The smart money realizes that this is a superior form of money to preserve wealth and autonomy. Everything else is secondary."

A good read. Unusually good for Zerohedge. Good find Wekkel!

+1 WOsMerit
808  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 16, 2021, 09:13:39 PM
Talking about China, have you noticed that it no longer says "Mainland China" or "Hong Kong" as place of origin on Chinese sellers pages on Ebay. It now says "Greater China" on all of them, sometimes followed by a city, including Hong Kong.

I noticed it is impossible to compete with Chinese sellers as they don't pay shipping.

Less and less true lately IME. Still hard to compete, Chinese labor costs being what they are.
809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2021, 03:26:23 PM
Hello friends! I haven't written for a month because a series of unfortunate accidents which happened to my father during our vacation.

Best to your father. He's at least lucky to have a son that cares and tends to him.
810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 11:40:41 PM
If a mirror breaks down, do computer nerds get seven years of bad luck?

If you believe in things that you don't understand
Then you SUFFER!

What now?

Superstition ain't the way.
(I can't write the brass phrase though.)

It was a joke alluding to the saying that you get seven years of bad luck if you break a mirror.

It was a quote from Stevie Wonder's Superstition, triggered by "Seven years of baaaad luuuck". Also a joke.  Roll Eyes
811  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 10:07:51 PM
If a mirror breaks down, do computer nerds get seven years of bad luck?

If you believe in things that you don't understand
Then you SUFFER!

What now?

Superstition ain't the way.
(I can't write the brass phrase though.)
812  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 09:10:38 PM
I'd think if a mirror breaks down, all you have to do is place a fresh disk where the failing one was? That's the whole point of mirroring, or am I missing something?

I think software mirroring (by RAID or other system) is better, since the details can be reproduced easily on different processing hardware.

Please do correct me if I'm wrong.

If a mirror breaks down, do computer nerds get seven years of bad luck?

If you believe in things that you don't understand
Then you SUFFER!
813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 08:58:24 PM
-snip-

-------

True story. Omitted many details in favor of OpSec.

So, it's not different this time... such a pity... anyways we can always try to sell at the top and buy back during the 2022-2023 bottom which is also a good thing. Just a reminder: don't sell all (or substantial part of your stash) and/or become a nocoiner/lowcoiner. In other words: don't mindrust it!   Cool

To pull a canonical mindrust you need to sell the bottom. Selling near the top doesn't really count.
814  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 04:20:38 PM
Yeah... software raid seems to be the best right now. Some systems like old refurbished servers from HP and Dell, don't really allow you to not use the built-in hardware RAID, but you can always just configure it as JBOD or something and let the software handle the raid.

Then there's unraid and freenas / truenas.

And Nas4free, the open source heir of freenas, based on FreeBSD and rock solid.
815  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 02:54:30 PM
I'd think if a mirror breaks down, all you have to do is place a fresh disk where the failing one was? That's the whole point of mirroring, or am I missing something?

I think software mirroring (by RAID or other system) is better, since the details can be reproduced easily on different processing hardware.

Please do correct me if I'm wrong.
816  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 02:45:55 PM
I dunno. I'm a simple man. I just bought the dip. More coming? There's still some fiat itching to be turned into hard money.
817  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 02:23:34 PM
Some shit is stirring
I hope it is the good shit
Big liquidations




#haiku
818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 11:36:59 AM
Of course dude, we know you're too much of a gentleman to flood this room with dick pics.
On the other hand, a simple yellow parabola...  Cheesy
819  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 11:16:38 AM
This could be a thing, especially if other governments follow the lead.

https://bitcoinmagazine.com/culture/el-salvador-to-exempt-foreigner-investors-from-tax-on-bitcoin-price-gains
820  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 13, 2021, 11:13:51 AM
She's on the (n+1)th  fakeout. What a tease.
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