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1641  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2021, 01:32:23 PM



That data ONLY goes to February 2021... and February 2021, it looks as if the mining share of China may well have been estimated to have been ONLY a bit above 40% at that time.

So seems that a lot of that mining power that had been in China in 2020 and even into early 2021, seems to have already been migrating out of China, and is not there as much by February 2021 (of course, 40% is still a decent amount)..   but sure, we might have to see how the data evolves in terms of how the mining share numbers look when we get reports from the last 3-4 months.. and sure it would be interesting to fill in the gap of data including March 2021 and thereafter - even though we really had seen the largest of mining hashrate drops in June 2021 with hashrate drops of -16%, -5.3% and -27% in the past three respective difficulty periods..  

Can see those historical difficulty drops, here on btc.com, and the current hash rate of about an estimated -4.5% drop approximately, here..  even though in the past several days the hashrate seems to be going back up quite a bit.. so that difficulty drop might not be so great this particular 2-week period, which is about to end and due to retarget in about 17.5 hours or so, as I type.. this post.

Edited: Added the links to specify a bit more on the numbers that I had initially outlined in this post.


 Good catch Mr. JJG!
1642  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2021, 01:24:15 PM
I assume this is fake as far as "proof of destruction" goes, but you never really know with China.



 Surely those are made out of cardboard and filled with empty Tsingtao cans for the sound effect.
1643  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2021, 01:29:43 AM
This is a very interesting rule on dell website

The 3070 pulls under 260 watts
The 3080 pulls under 325 watts.

As a long time miner this is big news.

The ban is in 6 states.
It is for 3070 and for 3080 models



 Excuse my language but what the flying fuck?!  Arbitrary hardware-based power consumption rules?  Jesus.
Wait, are those gasoline powered GPUs?

whats funny (well its not really) is phil has a lot of solar powered gear. and they wouldnt sell to him if he was in one of those states.



  I was thinking the same thing.  I guess you have to drive 4000 miles round trip in Ford Mustang Shelby GT500 @ 14 mpg to pick one up then Smiley
1644  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2021, 12:35:24 AM
This is a very interesting rule on dell website

The 3070 pulls under 260 watts
The 3080 pulls under 325 watts.

As a long time miner this is big news.




The ban is in 6 states.
It is for 3070 and for 3080 models





 Excuse my language but what the flying fuck?!  Arbitrary hardware-based power consumption rules?  Jesus.
Wait, are those gasoline powered GPUs?

1645  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2021, 10:40:45 PM
So I finally settled the wrecked kia optima a black 2020 model with about 5300 miles on it.

Allstate considered it totaled and paid me an exceeding high number to to low miles and used car price points being very high.

Kia is that short or code for Lambo ?


J/K  Cheesy

Nah too old for that but I did get a very nice Hyundai  Sonata limited .

With a shit ton of nice safety features, I took a 3 year lease I actually have more cash to buy some cheap coin.

https://www.youtube.com/watch?v=5etEYZ_awt0

this is  it  pretty nice.  I got a deep blue color

 Unless you put more than 24k per year on a vehicle, you can't really go wrong with a lease these days.  You only pay sales tax when you make the monthly payment and you're only paying interest on the value of the car minus the residual.  I'm just finishing up a 3 year least and deciding whether I want to buy it out or go for a newer model... they've beefed up the engine a bit and this may be the last time I'll ever be able to buy a gasoline-powered vehicle.
1646  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2021, 02:01:17 AM
Halleluja!!

In an hour a thunderstorm is coming and the temperature is going to do a sharp drop from 28 degrees to 20 degrees. At least according to the forecast from SMHI.

 That kind of weather comes with tornado warnings here.


I'm very glad we don't have trombs as they are called over here, with some very rare exceptions.

 I've never actually seen one though they have passed within kilometres.  I usually get several alerts each season on my phone, radio, TV...  we actually had one today but all I saw were torrential rains and strong winds.  There was a tornado about 100km north of TO today.  It damaged some homes, overturned cars and injured a few people; fortunately there were no deaths.
1647  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 15, 2021, 07:55:11 PM
Halleluja!!

In an hour a thunderstorm is coming and the temperature is going to do a sharp drop from 28 degrees to 20 degrees. At least according to the forecast from SMHI.

 That kind of weather comes with tornado warnings here.
1648  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2021, 06:16:35 PM
Currently 31 degrees outside, 26 degrees inside, just great, even the cats are too hot to do anything.

 We have a word for that in my country Smiley

 


You have too much sparetime Smiley

 Never!   Tongue
1649  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 14, 2021, 03:01:05 PM
Currently 31 degrees outside, 26 degrees inside, just great, even the cats are too hot to do anything.

 We have a word for that in my country Smiley

 
1650  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2021, 07:41:49 PM
Warning to my US-based WO family. The IRS is opening *criminal* investigations to any business that has ever accepted bitcoin as a payment method. If an IRS agent contacts you, say nothing, get a lawyer.

 What's wrong with accepting bitcoin for payment?  The IRS considered it property back in 2014 so it's a simple barter transaction.  Do you have any evidence?  Will NewEgg, Overstock, Dell, Paypal, Bitrefill, Microsoft and Tesla be criminally investigated or are they only after the little guys?
 
1651  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2021, 06:25:47 PM
By the same token, just because a person has covid when they die, doesn't mean they died of covid.  It's portrayed in quite the opposite manner though; it IS a covid related death even though they may have died due to taking a shower.

That's a pervasive conspiracy theory but not really true in most cases. IIRC some states (Oregon?) at one point didn't separate deaths "from COVID-19" and "with COVID-19" but the discrepancy is minimal even if you extrapolated it to the whole country. Your own assertion that 10% of people tested positive combined with normal annual death rate (below 1%) shows that this would barely make a dent in the 600k number.

Okay, I realize people are dying with covid but excess deaths on a 5 year average which doesn't take into account shifting age demographics or increasing population doesn't show us anything that would help to answer the question I posed.  We know that around 600,000 people in the US have died while either confirmed positive with covid or considered a presumptive covid case so far - I am not questioning that.  I'm not denying that covid is real or bad.  My question was, how many lost years of life does that represent as compared to lost years of life due to the negative vaccine side effects on the entire population of earth + booster shots for the rest of our lives.  After all, we're targeting 100% vaccination while only about 10% of the US population has tested positive for covid-19 and the mRNA technology is new and still experimental.

Death rates are quite stable year to year except for events like swine flue and now COVID-19. CDC data on this is quite extensive so if you can find something there to support your hypothesis please share. I don't really see anything like that. Even if you take VAERS numbers as vaccine-caused deaths (gross exaggeration) it's still quite obvious that the vaccine dramatically (~ ten-fold) reduces the risk of death or complications from COVID-19 and that is true among all age groups. Why would anyone not take a lower chance of death over a higher chance is quite puzzling but that's the funky times we live in.

 The graph you showed us doesnt address the death rate.  It addresses 'excess' deaths by using the previous 5 year average and subtracting it from the current number of deaths.  On top of that, it divides the 'excess' deaths by the previous 5 years averaged deaths which amplifies the value even further and displays it as a percentage.
 When you consider an increasing population, if the death rate stays constant, you will have more deaths year over year anyway.  You amplify that difference by subtracting the previous 5 year average which will be lower because the population was lower and call it 'excess deaths'.  Now you take that number and divide it by the previous 5 year average deaths which again is lower because population was lower and you get an exaggerated value which is barely passible as a valid result.  It also captures the heatwave deaths from 2020 which were an anomaly compared to the average of the previous 5 years (though there was a heatwave in 2016).  These are the statistics that lie; the ones 4 out of 5 of our parents warned us about 90% of the time.  It's a crude measurement which is an indication that there might be something happening which warrants an investigation.  
 How do we explain the elderly group dipping into negative territory in early 2021?  I've already said that there are more elderly as a percentage of population and the population in 2020 was higher than the previous years as well.  Disregarding covid, we should see excess deaths in that period as well but we dont.  Does this mean the vaccines prolonged life beyond even pre-covid life expectations?  Have we found the Fountain of Youth in the form of an mRNA vaccine?  Maybe it means that spike in November we attribute to covid took out those who would have died 3 to 6 months later of something other than covid anyway but that's speculation and probably not something we would base our covid response on.

 It probably goes without saying but I think we've overreacted to the covid pandemic.  I'm sick of the travel bans and lockdowns, I'm appalled at the economic devastation we've caused and I resent being essentially jailed for the last 18 months only being allowed day parole to attend to my essential businesses' needs while carrying a special letter in case I get stopped outside of my curfew or standing outside in endless lines 6 feet apart yet still wearing a mask waiting to shop for basic needs.  Remember when the news of the pandemic first broke and people all over the world rushed to the stores to buy all the food they could and they eventually had to limit the sale of sanitizer and paper products to one per customer?  I wish we would periodically adjust our covid response as well.  I think we've all seen one too many zombie apocalypse movies... our political leaders included.



 I just want to add some weight to my argument with factual information rather than speculation.  Now this is Canadian information and I can't say for sure that it translates to other countries but I would bet money that it does.

https://www150.statcan.gc.ca/n1/daily-quotidien/210712/dq210712b-eng.htm

 "While we sometimes observe excess mortality that is consistent with the number of deaths attributed to COVID-19, data reveal that indirect consequences of the pandemic are also having a significant impact on the number of excess deaths in Canada, particularly among younger Canadians. Based on the newly updated provisional dataset released today from the Canadian Vital Statistics Death Database, from the end of March 2020 to the beginning of April 2021, an estimated 62,203 deaths were reported among Canadians aged 0 to 64. This represents 5,535 more deaths than expected were there no pandemic, after accounting for changes in the population such as aging. Over the same period, 1,380 COVID-19 deaths have been attributed to the same age group (those younger than 65), suggesting that the excess mortality is, in large part, related to other factors such as increases in the number deaths attributed to causes associated with substance use and misuse, including unintentional (accidental) poisonings and diseases and conditions related to alcohol consumption."


 TL;DR - 75% of the excess deaths in the 0-64 age group in Canada were NOT attributed to covid-19.

 
1652  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 13, 2021, 04:32:46 AM
Dude!  Funny as hell but my young daughter was watching.  A little NSFW warning would have been nice.  Now I have to give her the "money" talk!!


Discount Gilbert Gottfried is OK.

 Thanks Wink 
 He would have been just as funny without all the screaming.



At least he didn't tell The Aristocrats.

 Yeah... I never understood why anyone would even refer to that as a joke but then someone decided to make a feature length movie out of various comedians telling it.  That didn't make it funny either.
1653  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2021, 11:04:07 PM
Dude!  Funny as hell but my young daughter was watching.  A little NSFW warning would have been nice.  Now I have to give her the "money" talk!!


Discount Gilbert Gottfried is OK.

 Thanks Wink 
 He would have been just as funny without all the screaming.

1654  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2021, 09:12:58 PM
Little movie update

F9 was slightly over the top  Cheesy

Though I always like them 😅😅😅

 Queuing it up for later tonight Smiley
1655  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2021, 09:11:30 PM
https://youtu.be/VjmlUh1fa2c

Hilarious! If you have time just watch the real show from 1:17:50   Grin



 Dude!  Funny as hell but my young daughter was watching.  A little NSFW warning would have been nice.  Now I have to give her the "money" talk!!
1656  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2021, 07:37:58 PM
Well, I think it's high time someone looked up what the Simpsons had to say about Bitcoin.  That is probably the best indication of where we're headed.


1657  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2021, 12:12:46 AM

Don't mess up the match, I have to shut you up. no tweets in the stadium

This is a real "fuck with your head" image to suggest that the scam facilitator and smoke and mirrors piece of shit of ethereum has anything close to equality with bitcoin... what a fucking bunch of nonsense.    Roll Eyes Roll Eyes Roll Eyes

 I can't see Bitcoin being caught dead with a fat gold chain either... unless it was fake Bitcoin BSV I suppose but then BSV could never afford such extravagance.
1658  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2021, 11:05:11 PM
https://apnews.com/article/virgin-galactic-launch-richard-branson-37fd721264b1421f8a1223ee5e5626e3

excerpt:
 TRUTH OR CONSEQUENCES, N.M. (AP) — Swashbuckling billionaire Richard Branson hurtled into space aboard his own winged rocket ship Sunday, bringing astro-tourism a step closer to reality and beating out his exceedingly richer rival Jeff Bezos.

The nearly 71-year-old Branson and five crewmates from his Virgin Galactic space-tourism company reached an altitude of 53.5 miles (86 kilometers) over the New Mexico desert — enough to experience three to four minutes of weightlessness and witness the curvature of the Earth — and then glided back home to a runway landing.

“The whole thing, it was just magical,” a jubilant Branson said on his return aboard the gleaming white space plane, named Unity.
..


 

Not to nitpick. But the Karman Line, the line that conventionally limits the space, is at 100 km. So, this is bullshit marketing. Close, but no cigar!

I learned something new today.
1659  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2021, 10:31:23 PM
https://apnews.com/article/virgin-galactic-launch-richard-branson-37fd721264b1421f8a1223ee5e5626e3

excerpt:
 TRUTH OR CONSEQUENCES, N.M. (AP) — Swashbuckling billionaire Richard Branson hurtled into space aboard his own winged rocket ship Sunday, bringing astro-tourism a step closer to reality and beating out his exceedingly richer rival Jeff Bezos.

The nearly 71-year-old Branson and five crewmates from his Virgin Galactic space-tourism company reached an altitude of 53.5 miles (86 kilometers) over the New Mexico desert — enough to experience three to four minutes of weightlessness and witness the curvature of the Earth — and then glided back home to a runway landing.

“The whole thing, it was just magical,” a jubilant Branson said on his return aboard the gleaming white space plane, named Unity.
..


 
1660  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2021, 10:14:12 PM

Been watching him a bit the last week or so. Not sure how he got in my feed but he's building a tunnel from his house to his shed which is something I always wanted as a kid.

 His hoverbike look a little dangerous.  Maybe tunneling is best.
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