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1101  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2021, 11:37:07 PM
OW COME ON!!! Edging $58k is killing me  Cry

 Edging enhances the feeling you get when it finally blows.
It's well worth the wait.

Edging is one of the best inventions of humanity. Until you have been edged properly you really have not experienced a true ATH.

I am asking for BTC to be edged and teased with great care for days maybe weeks on end.  The spike when it lets loose will be the longest green candle ever done or seen in the history of the human race. Grin

In the mean time I may leak a bit and sell 100 USD worth. Much like a tiny drop of well you know pre ATH

I'm just not a big fan of #nohomo tags, but you, like, could, you know, have used one here, man.
1102  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2021, 11:34:54 PM
It's exciting to be watching a double top reversal collapse play out in real-time.

They won't offer me more than 100x leverage for my inevitable short Sad
1103  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2021, 09:13:04 PM
Does Bitcointalk thins it's become Coinbase or what?
Going unreachable just with a new ATH incoming...  Angry
1104  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2021, 05:21:13 PM
Nope simple sideways with a slight uptick is best for all, but the shorters.  And fuck the shorters. How dare they play shorts.

1105  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2021, 02:32:08 PM
- Polymerase Chain Reaction (PCR) Test — The most accurate of all, slow, detects antigens (i.e., shows if you currently have the virus).

If memory serves, there is some controversy with PCR tests. Specifically, it will also test positive if you've had C19 in the past, as the dead tissue and cells do linger around for some time - is what I'm hearing. Maybe the antibodies even trigger a positive PCR test. Fuck. I dunno.

Maybe it depends on the length of the primers? If the snippets are too short, it must be hard to tell if they're enconding SARS-Cov-2 spike proteins or other analogous structures in similar viruses.

Quote
Anal swabs all the way.

Most accurate.

Trust me.

With rusty swabs for the bad guys?
1106  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2021, 02:00:46 PM
https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-stimulus-b1815134.html

"Anyone who invested their $1,200 stimulus cheque into bitcoin last April would now have more than $10,000 worth of the cryptocurrency" Grin

That is just so incredibly awesome and shows how far we've come; what a wild ride

What's even more incredibly awesome is Forbes (again) publishing an article that sings praise to the corn in simple, clear, non emphatic words. After the "pioneers/cyberpunks" (that's us for the normies - let's leave it at that) and the visionary entrepreneurs...

Gentlemen, let me introduce you to the mainstream financial culture.

In Bitcoin We Trust?

....

All of which points to inflation not far down the road. Traditionally, this is a prospect that would have triggered an increase in demand for store-of-value commodities such as precious metals. However, technology has come to the rescue with an increasingly compelling commodity called bitcoin, a cryptocurrency based on a fundamental principle: its supply is finite and it has already been issued at a very high rate. That gives it a fundamental advantage in terms of trust over either tradicional currencies or stablecoins based on baskets of coins or assets which, as we have already seen, are very unstable.

There are more and more important players in the economy, from companies like Tesla, Square, China’s Meitu and many others; banks like Citi, Goldman Sachs, JPMorgan; investors like Guggenheim or Paul Tudor Jones; or insurers like MassMutual, which have decided to take positions in bitcoins or offer them to their clients as a critical hedge against the possible devaluation of the dollar. This has encouraged a large number of companies to buy bitcoins, which in turn has sent the value of the cryptocurrency soaring. Let’s see what happens if a country decides to buy bitcoin en masse.

It’s very hard to predict where the post-pandemic economy is going, but there seems to be a growing consensus that bitcoin will play a big role in establishing its direction of travel. The reality is that there are no more truths or lies about economics anymore. To all intents and purposes, and particularly in the post-pandemic context, the bitcoin is a far more valuable asset to gold, silver, the dollar or the euro. A fact that many people, regrettably, have yet to understand.

https://www.forbes.com/sites/enriquedans/2021/03/11/in-bitcoin-wetrust/?sh=7d4ee25d2a07

Nice find, ivomm.
+1 WOsMerit
1107  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2021, 01:48:57 PM
OT: Me observing the second GME short squeeze/ bubble thingy...

No squeeze IMO. Just some old style hype, with the new business plan, new CFO etc.

By the way, I gave up any dreams of an explosive short squeeze, but managed to sell enough so I'm now playing with house money. Not a lot of dough, but it does feel smug!

according to WSB it's just a gamma squeeze.

+1 WOsMerit


You're right, and I stand corrected. I hadn't seen the spiky pattern of the previous (gamma+short) squeeze. Apparently, this time it's gamma only, and it's rather new as a phenomenon. A good piece I just found on Forbes lays it down in simple but accurate terms.

https://www.forbes.com/sites/georgecalhoun/2021/03/10/gamestop-the-second-surgeanatomy-of-a-gamma-swarm/
1108  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2021, 12:17:07 AM
OT: Me observing the second GME short squeeze/ bubble thingy...

No squeeze IMO. Just some old style hype, with the new business plan, new CFO etc.

By the way, I gave up any dreams of an explosive short squeeze, but managed to sell enough so I'm now playing with house money. Not a lot of dough, but it does feel smug!
1109  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2021, 04:30:38 PM
NEW YORK--(BUSINESS WIRE)--Digital Currency Group, Inc. (“DCG”), the parent company of Grayscale Investments, LLC, has authorized the purchase by DCG of up to $250 million worth of shares of Grayscale Bitcoin Trust (OTCQX: GBTC). DCG plans to use cash on hand to fund the purchases and will make the purchases on the open market, at management’s discretion, in compliance with Rule 10b-18 under the Securities Exchange Act of 1934 (the “Exchange Act”).

https://www.businesswire.com/news/home/20210310005273/en/Digital-Currency-Group-Announces-Plan-to-Purchase-Shares-of-Grayscale-Bitcoin-Trust-OTCQX-GBTC#.YEjD8q1nkYU.twitter
Trying to bring the premium back up?
1110  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2021, 04:29:11 PM
Mine was a joke too. I know what you're doing with your USB jacks, man. USB jack on, USB jack off... well you know the drill  Tongue
1111  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2021, 04:23:07 PM
A luddite and a hodler. Wow.
1112  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2021, 04:15:40 PM
The Bearish BAT Pattern became invalid when it broke to upside. You know well that TA is Science of Probabilities.

Translated for newcomers, without the verbal subtleties of TA: "The BAT pattern is bearish if the price goes down, bullish if it goes up."
1113  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2021, 04:10:39 PM
Having said that, this last year has clearly demonstrated where growth will be and what we as humans will prioritise and can't do without.
Certainly Bitcoin and probably not more stripclubs.

Well you never know. Cams and VR could achieve breakthrough results in personal entertainment. Integrated personal peripherals. The future looks bright.

Digital Interfaced Custom Kool Woman-like Really Advanded Peripheral
1114  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2021, 02:08:53 PM


Your fucking kidding me!... and they are plugging it into the WAN port not LAN port!

It's new technology, it needs some research before rushing into it. Not everyone is knowledgeable enough to switch from WiFi yet.


(Isn't that an RJ11 phone port btw?)
1115  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2021, 01:48:01 PM
- APXH ΣOΦIAΣ ΓNΩΣIΣ AΓNOIAΣ - (Kλεόβoυλoς o Pόδιoς, 6oς αι. π.χ.).  <> You start to acquire wisdom, when you acknowledge that you don't know shit.

It's all Greek to me... I must be getting wiser.
1116  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2021, 12:06:37 PM
Not much earth would be left because we made space elevators out of it Wink

Well, mass wise there would still be ~5.97199e+24 kg out of 5.972. That's kind of the point I guess  Cheesy
1117  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2021, 11:44:44 AM
-several snip snips-
Space elevator: the noob Newtonian dabbler in me has a question.

Won't a sufficiently high/massive elevator slow down this mudball's rotation? As in, longer days? Conservation of angular momentum and all that. Please make me feel safe again. Thanks.

If it was that heavy, what do you propose to anchor it to?  A large tent peg?


2. Mass vs rotation.

As an example: When doing a flip/backflip you pull arms and legs to the body, to speed up the rotation (or you would just land on your head). There is no mass added/reduced and still extending arms and legs slows down the rotation. Since there is extended mass (but little, in relation to the planet), it has to have some effect on rotational speed too. Maybe the weight/distance problem from (1) adds to it, because you'd need greater mass in space to act as counterweight, which leads to

2.
Great point but this is based on the percentage mass you displace.
The tether will have the mass in the order of magnitude of 10000kg initially then beef it up 1000fold.
10,000,000kg is not a lot relative to the mass of the earth (5,972*10^24 kg).
Arms of a person I would estimate to be 5-10% of the total body mass.

This is the angular momentum issue I had. if the mass ratio between the outstretched "arm" and the main body is in the order of 1e-17, the slowing down should be around 1e-12 sec/day. Quite tolerable. We'd need to buiild a thousand billion such elevators before the day slows by 1 second.

Another issue I had but left unvoiced was about the displacement of the earth+elevator system's center of mass, leading to rotation that is not only slowed down, but also somewhat eccentric wrt the "center of the earth". Given these back of the envelope calculations, the displacement/eccentricity are negligible too.

I'm feeling safe again. Thanks.
1118  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2021, 05:17:56 AM
Space elevator: the noob Newtonian dabbler in me has a question.

Won't a sufficiently high/massive elevator slow down this mudball's rotation? As in, longer days? Conservation of angular momentum and all that. Please make me feel safe again. Thanks.

Of course not.

"They" be working on all of these kinds of details in order that NO THINGIE be screwed up, intentional o no.

Don't worry ur lil head about these kinds of matters, you be in good hands.. very smart peeps working on this.. (think about how smart Vitalik is, for example... these guys are even MOAR smarter).

 Wink Wink

This doesn't help. I'm not feeling safe again. Huh  Thanks for trying though. 
1119  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2021, 05:22:54 PM
I feel like a jerk to say that, but those who trust their email communication to an Outlook server the internet almost deserve it. When will they learn?

ftfy

This position is a little bit too drastic for me. I think communication on the Internet can hit a sweet spot between effectiveness and safety. Of course, the right tools are needed, but they must be made widely available to the largely uninformed masses.


Of course you're right. We're communicating here aren't we?

If someone really needs to talk about anything important though, wouldn't Signal or Protonmail be better choices?

Much. Even better if it is augmented by end-to-end oldschool encryption (GnuPG/PGP). Which however entails making your public key widely available via a key server, but being ready to revocate it if for any reason it should become compromised. In short: key management is still a hassle.

Quote
Microsoft? Apple? Google? Facebook? Lawl.

Several wanted people have been incarcerated because they couldn't keep their dumb fingers far from Tracebook.  Tongue
1120  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2021, 05:02:24 PM
My lil selfie
forgot about haikus - NOT!
A dedication.




#haiku
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