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781  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 03, 2021, 12:16:45 PM
I'm ready for 40k!

$40k won't hold for 10 consecutive days. Guaranteed and confirmed.

What about 35k? you mentined that 35k wouldn't hold either.

It won't either. We're, what, 4 days above $35k? We'll be dipping back below $35k again in the next 5-6 days and the clock will start over. Bitcoin is weak in death.

Ah cool, just needed you to confirm the science and math for me
782  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 03, 2021, 11:51:28 AM
I'm ready for 40k!

$40k won't hold for 10 consecutive days. Guaranteed and confirmed.

What about 35k? you mentined that 35k wouldn't hold either.

It didn't. We went back up.

proudhon means it won't hold 'over' 40k for 10 consecutive day. He's been making theads about it in the forum. He also had one for 35k.
783  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 03, 2021, 11:43:46 AM
I keep seeing this everytime the mempool goes empty. A huge jump of 1 sat transactions over a matter of seconds. Does anyone know why? Is it perhaps a organisation that has thousands of addresses full of dust or something?

784  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 03, 2021, 11:41:11 AM
I'm ready for 40k!

$40k won't hold for 10 consecutive days. Guaranteed and confirmed.

But but.... It already did Huh

That was before the recent crash though
785  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 03, 2021, 11:40:15 AM
I'm ready for 40k!

$40k won't hold for 10 consecutive days. Guaranteed and confirmed.

What about 35k? you mentined that 35k wouldn't hold either.
786  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 02, 2021, 11:56:34 AM
Wow, mempool has emptied. All those groups still sending really high transactions fees though. Got to keep up bullshit image that bitcoin transactions are expensive.

787  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2021, 01:03:17 PM


BTC still Holding strong psychological support and  Bitcoin seems to be forming Chuvashov Fork in 4 hour time frame. 

If BTC breakout this downtrend 2 bears control will lose in next days and market will wake up nicely coming days.Target  42k - 46k - 50k

If it fails to hold current pattern(last support)  .that would be more bearish than bullish implying further breakdown in short term.then next bounce would be 30k - 25k






Source. https://web.whatsapp.com/

Love TA..
let me get it straight...

If BTC breakout downtrend.. it will go up

If it fails.. it will go down.

and holding this support is an option too.

Great!! TA has everything covered!!!


TA is useful for finding out where everyone is putting their orders, doesn't matter which way price goes, you're meant to trade on where people have their orders. Or where you should stop run people if you're a whale.
788  Economy / Speculation / Re: Automated posting on: May 31, 2021, 11:03:55 AM

Very quiet on the WO front! 8 Chart Buddies on 1 Page...


Long weekend.

Nice to see some positive price movement, bids seem to be following it too.
789  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 10:34:36 PM
hmm, either someone was waiting to send a ton of cheap transactions or someone didn't like the fact that the mempool would of been cleared.

790  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 10:23:00 AM
We're eating into the mempool, 1 sat transactions going through now.
791  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 10:19:06 AM
I just got back from seeing a friend. He's been in and out of Bitcoin since 2017 (lost money of course). Did the usual what about these shitcoins thing, which I dismissed as well as I could. Anyway he said he has been trying to withdraw as much equity from his home as he can for the last several weeks. Should get it in a week or 2. He then says he was going to buy bitcoin with it when it was in the 50s and now he's really glad that it fell because he's going to be able to buy much more.

He agreed with me that holding was the way, lessons from past sales learnt.

Foolish, I will say though that if you are in your 20's go for it lol... you can recover from losses in your early years and learn a lesson, not in your later years (50 +)

someone bought at $60k +, wonder how they are feeling right now

If they're thinking long-term, they'll be fine. Most people know now that the system is screwed up and the only way to protect yourself is with assets. My friend (30s) understands this. Anyone who use home equity before has made returns that far out weigh the returns they would have got in property. Bitcoin is still small enough to offer better returns over most assets.

And with home prices where they are nobody is going to be paying off their homes anymore anyway, at least this way he has a chance.

792  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 09:50:01 AM
I just got back from seeing a friend. He's been in and out of Bitcoin since 2017 (lost money of course). Did the usual what about these shitcoins thing, which I dismissed as well as I could. Anyway he said he has been trying to withdraw as much equity from his home as he can for the last several weeks. Should get it in a week or 2. He then says he was going to buy bitcoin with it when it was in the 50s and now he's really glad that it fell because he's going to be able to buy much more.

He agreed with me that holding was the way, lessons from past sales learnt.
793  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 06:24:43 AM

I am surely not saying anything regarding whether the RangeRover is a good or bad thing.  That is an individual choice.

I was just questioning the absoluteness of somac's statement regarding "LFC buying all of his back."

No, I really think he said he bought all of his back. Sold 6 and bought 6 back at the lows. There's a post but I'm not trawling back through to find it. That kind of sale and purchase would leave enough for a range rover.

Well, you could be correct.

Let's say that he did not get the exact top nor the exact bottom, and then 6 BTC at $55k would be $330k sold and then if buying back around $37k would cost around $222k..  That would still leave around $108k for skimming (and sure maybe there would be some other expenses in there too.. but sure that could still be more or less enough for a RangeRover.. and also getting back all the sold coins.. more or less. and sure there is some wiggle room in there too..

Oh by the way, since you gave a specific number, it may well be an o.k. exercise to presume the top and the bottom which should pretty much allow a quite a bit more to get the complete top and compete bottom correct, even though we likely realize the exact top and the exact bottom is usually not reached in actual real world practice.. but still to give an idea of the Maximum power of 6 BTC in terms of fiat so far to date.

Sold Top:                 $64,895    - value of 6 BTC sold:  $389,370
Bought bottom:        $30,066 - cost to repurchase 6 BTC:  $180,396

Dollar amount remaining after selling and buying 6 BTC and before taxes and other possible expenses:  $208,974

Alternatively - max amount of BTC that could have been stacked with the same extremes of selling 6 BTC at the tippity top and rebuy as many as possible at the absolute bottom:  

$389,370/$30,066 = 12.9505089 BTC


In the end:
I just did not want to assume anything and you had mentioned some possible facts that I did not remember or consider... so fair enough.. fair enough.

That's all his business, so not point going into it.

I was just saying that LFC is a true bitcoiner like most of us, and even if we whinge a bit here and there, it doesn't mean that we aren't 100% commited to BTC.

I mean shit, when one understands how the monetary system actually works and is aware of the mass corruption and conflicts of interest in the world, how can you not be 100% commited.
794  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 05:46:14 AM

I am surely not saying anything regarding whether the RangeRover is a good or bad thing.  That is an individual choice.

I was just questioning the absoluteness of somac's statement regarding "LFC buying all of his back."

No, I really think he said he bought all of his back. Sold 6 and bought 6 back at the lows. There's a post but I'm not trawling back through to find it. That kind of sale and purchase would leave enough for a range rover.
795  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 05:45:51 AM
This laptop that won't start has win 10, that should tell you something.

I've had zero issues with win 10 myself, but I do have a pretty thorough knowledge of computers and windows system in general. Computers, like a car, do require constant maintenance and if you are going to manage one yourself, without a mechanic, you need the knowledge. Otherwise take you computer to the computer mechanic and he'll fix it for you. If it's old though just buy a new one, wipe the old one and sell it on ebay.

And that's the problem isn't it, the computer industry have fooled people into believing that that's normal.
A computer should need no more maintenance than a stereo. I have a receiver I have had sitting idle on a shelf for more then ten years, if I plug it in today it will work just fine, but a three year old computer refuses to work, and that's "normal".
Fuck the computer industry.

Yeah they have and it does suck, but a computer is a hell of a lot more versatile then anything else around. It is literally able to do almost anything, I’m still impressed by what I can do vs my old 486 sitting under my desk, and yet so much easier to use despite this complexity, of course not perfect as you are experiencing.

Pretty sure you can still update to win 10 for free

https://geeksadvice.com/upgrade-to-windows-10-for-free/

You can. That's how my VR rig was done (I wanted to try VR Minecraft) but there are a few things that have never been quite right about it. It sounds like maybe he needs a fresh install so may as well jump straight to 10.

Edit: Just saw his following message about not wanting to use 10 which I totally respect.

I believe some of these slicers have Linux versions so that might be the way to go.

My Chromebook can run Linux apps but that comes with its own issues. It stopped running the Linux apps and apparently the fix is to disable and re-enable the Linux layer but that deletes all your Linux apps and data. Fortunately, I hadn't actually used it for anything yet but it's not confidence inspiring.

Linux is definitely an option, but if he is having trouble with a windows computer I suspect he’ll have more trouble with linux.
796  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 01:54:12 AM
This laptop that won't start has win 10, that should tell you something.

I've had zero issues with win 10 myself, but I do have a pretty thorough knowledge of computers and windows system in general. Computers, like a car, do require constant maintenance and if you are going to manage one yourself, without a mechanic, you need the knowledge. Otherwise take you computer to the computer mechanic and he'll fix it for you. If it's old though just buy a new one, wipe the old one and sell it on ebay.
797  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 01:50:15 AM
I will never use win 10 unless I have too
It's a rape of your privacy, and it has forced downloads.
I use win 7 because of those reasons, and I always turn of updates.

Just know that you can turn all that off with various 3rd party solutions. I know what you mean though.
798  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 01:31:52 AM
[snip]

Is it running a hard drive or a SSD ? If the former I would consider upgrading to the latter.

To boot from USB you need to catch a key to press at the start of the booting up of the PC, if it's displayed (press X to...). Often it's DEL, or an F key. Or you can google your brand of PC to find out which key. There can be 2 options, one for BIOS one for booting sequence, in that case take that one and put the USB in first (have the USB drive plugged in before booting).

Further to what aesma said, I'd consider moving to 10. Should be available from the same supplier as your win7 install *ahem*.

Pretty sure you can still update to win 10 for free

https://geeksadvice.com/upgrade-to-windows-10-for-free/
799  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 01:04:39 AM
Bargain Boyz are gobbling this corn up so fast. The pump will be glorious.

Good to see you back lambie. You were indeed right about those bargin boyz in 2019.
800  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2021, 12:45:10 AM
A couple blocks away from difficulty change and new period for taproot activation, which will then be activated in 2 weeks. Won't mean anything price wise but it is an exciting update none the less.
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