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1041  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 27, 2021, 05:07:39 AM
[...]

...so, fuck computers.

If I was you, I'd go buy myself a nice, modern, Windows 10 machine, for under $1000, and save myself all the trouble. Computers are fine. It's your old habits that are the problem. Sorry to have to say this, don't take it as an offense.


The market is doing what it knows it has to -- go down!



Thank you for that scientific analysis, proudhon. This is probably the best math & science PoD (proof-of-dump) that I've ever seen. Just look at that red line. So smooth, so pure! Got to remember that passphrase now...


[...]

If you cut a Tree you cut your Life. Plant Tree and save the environment. Let's spread this message across the Globe.



Yeah, savetherainforest and all that shit...



Got to run... Trying my best to catch up with WO, some fine posts out there that I don't have the time to comment on, or even quote, you know who you are, keep doing what you do.

HoDL.
1042  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2021, 04:45:57 PM
So, if I have a file (.stl) in 1:100 and want it in 1:87 how do I do that?

In your slicer (Cura, Slic3r, or whichever one you are using), just select "Scale" and enter this value:

100 / 87 x 100% = 114.9%

Make sure you do this for all axes (uniform scaling, it should do it automatically like this by default).
1043  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2021, 03:08:06 AM
I need to learn some terminology, what's slicing?

Holy moly 2900 bucks A YEAR for autodesk.

Slicing is when the computer chops up the object you want to print into many thin layers. That's what the printer needs to print. This s/w comes free with the printer, it is the link between your STL file and the printer and you can't print without it.

Autodesk Inventor is expensive, yes! Fortunately for me, my employer pays for it. You can use Tinkercad for free, as cAPSLOCK has suggested. It's nice and easy, but obviously nowhere near the capabilities of Inventor.

With 3D printing you must have patience and not quit when things go wrong, because they will. Got to keep trying until you learn the tricks and gain experience. I don't have experience with resin-based 3D printers, I've heard very good words about the Elegoo Mars, so you should be alright with it.
1044  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2021, 10:38:52 PM
On printers.
My brother will be using them as well and he is deep down the bonsai rabbit hole, he wants to print bonsai pots for his little trees and he is worried that the print size is too small.

Any tips?

What size does he envision?  I would think I could make a fairly humongous pot for a bonsai with my average sized Prusa.  I do not know much about bonsais but the ones I have seen would fit in pots that fit the "25 x 21 x 21 cm" print area.

I must be doing the math wrong, but a round pot that was 20cm tall and 20cm across would easily hold ~ 5 liters of dirt with room to spare?

(3.14x10^2)x20 = 6280ml

Maybe I am off... but no matter it would be a average size flower pot in my opinion.

I would think that any normal 3D printer should be able to do bonsai.

At least that's my idea of bonsais (being really small). Actually, I just looked it up and indeed there are some very big bonsais out there. I guess Arrie's brother means these...
1045  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2021, 05:38:00 PM
[...]

What an exciting time to be alive!  As history is written the people witnessing the world change have an entirely different vantage than the generations that come after and can piece it all together neatly and succinctly.   But they will call us lucky.

Indeed. An excellent post. Thanks for taking the time to write this.
1046  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2021, 05:12:00 PM
@Arrie:

About 3D printers, you've already got some good info from fellow WOers. If possible, get a printer with two Z-axis lead screws, not with only one screw that's positioned on the side of the bed. Also, if possible, get one with automatic bed levelling. This will get your printer as close as possible to a plug-and-play device.

I read you're the kind of person that doesn't want to DIY stuff. In that case, I fully recommend the Original Prusa i3 MK3S+ (pre-built). You can't go wrong with a Prusa at an affordable price point.

If you want to use more exotic materials, dimensional accuracy, end-use parts, engineering work, go for an Ultimaker (the dual extruder models like the S3 or the S5 for larger build volume). Expensive, but well worth it. A workhorse that will give you consistent results for years, whereas the cheaper ones will noticeably degrade over time.

I've been using 3D printers at work and personally since 2019. Now, I simply cannot survive without a 3D printer. I feel almost like a small god that can create anything at will. I rarely, if ever, print ready-made objects. I design everything myself using Autodesk Inventor (this s/w is even more amazing than any 3D printer can ever be). This is when a 3D printer truly shines. If you just download and print, it will get boring pretty quickly, and you will soon abandon the sport.

My 2 sats.
1047  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2021, 10:02:11 PM
The rain is over
The sun did return briefly
Will bitcoin follow Bitcoin will follow

FTFY.
1048  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2021, 02:39:14 PM
Some unsolicited sage observations and advice from someone who has been through these BTC ups and downs many times:

1) China is the culprit that allows the whales with massive over-leverage to run during the bull stage. They don't say shit when the price is going up (of course not), but pull the rug with FUD when they are ready to short. It's all part of their game. They have done it before during prior bull runs, and they will most certainly do it again in the future. Controlling the majority of mining is also part of their game, so they are not going to "crackdown" on mining. That's completely BS.

2) If Bitcoin cannot hold a certain price for very long, then it was massively over-leveraged by whales and was not meant to be. Pay attention not to where it flies high, but where it lands and where it scrapes the bottom. It's current true SOV price is somewhere along that line.

3) Bitcoin's fundamentals and purpose never change from what they are, no matter the price.

4) Take comfort in knowing that new ATHs tell you where the price is going and will "be" someday, not where it will be now. Notice how old ATHs are eventually left completely in the dust. This new one will be no different than the others. Have extreme patience.

5) Your btc accumulation/holding strategy should be just like the goldbugs. If you are not DCA'ing in and holding through at least 2-3 halving cycles (if not forever), then you are doing it wrong. Short term thinking is mental weakness. If you can't handle it long term, get out now before anxiety overtakes you and you pull a MR.

+3 WOsMerits. Well said.

Ain't selling a single sat. My new-coiner cousin bought his first 0.1 BTC @ $58k a couple of weeks ago, and now, instead of worrying, he just wired another $6,000 to buy the dip. Some of us ought to learn from him.

I have some fiat ready to BTFD too, but just REALLY busy with work...




+1 WOsMerit. Too funny!


HoDL strong, brothers 'n' sisters of WO!
1049  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 21, 2021, 04:48:30 PM
OK, this will sound weird, but...

Am I the only one who sees the price dropping and doesn't worry at all? The devil inside me even enjoys it (a little bit) when I read the posts of others worrying. Am I evil? Maybe. But why do I do this? Because I know where we'll be in a few months' time. We'll all be laughing by then, when BTC hits new ATHs and beyond.

In other news, my newbie coiner cousin proves to be a true HoDLer. Y'day I emailed him telling him not to worry about the dip and to not sell his newly bought 0.1 BTC (bought @ $58k). He replied saying "don't worry about it, I see the dip and will raise you by buying moar!" WTF? Is he a poker player and I didn't know? That's the spirit.

Don't worry WOers. Don't act like weaklings. We don't need no freaking musky husky tweets to push us upwards. The network will take care of itself, and if it doesn't, it's the network's weakness. There will always be Musks and Chinas. What's needed is not for them to disappear (they won't), but for the network to be able to deal with them (and it is).

End of 2021: $80k-$100k

Do what you must. I ain't sellin' a single sat.
1050  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2021, 10:11:32 AM
Some technical remarks about the recent price action: https://twitter.com/btcization/status/1395053801061634049?s=21

TL;DR: leveraged traders wiped out, whales took in loads of BTC on the cheap.

I talked to someone I got into BTC years ago today. He had a trading account with 2.3BTC, lost all of it, margin called. Lesson learned he said.

Wow. And to think that, soon, many (most?) Bitcoin HoDLer wannabes won't be able to own even 1 BTC... What a waste.
1051  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2021, 07:40:36 AM
I like the noodle suggestions guys, thanks. Now that Bitcoin price is tanking (many thanks to proudhon for foreseeing this, keep up the good work), we need to prepare for living on the cheap. Noodles are a good choice. Easy to prepare, dirt-cheap, tasty.

I like the KOKA noodles (sold in the UK), especially the purple-coloured pack (hot).

That VIFON brand posted earlier looks nice too. Extra hot, that's how I like it.

As for the occasional special treat (see below for reasons), I suggest home-made alpaca/llama jerky, sprinkled with O2 absorber granules (trust me, it's totally safe).

BTW (seriously now): I have a Chinese friend who told me that a friend of his was found dead in his home. He had been on a strict noodle-only diet for 1 month. Sudden death.
1052  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2021, 02:26:34 AM
@Swedish_HODL
This dip follows the previous cycles pattern of 6 30%-40% dips, #Bitcoin  -> $100,000 soon

2017 bull run


Current cycle


https://twitter.com/swedish_hodl/status/1394775125082484743?s=21

Forgive me for saying this, but the second graph does not really look very promising... The first one clearly follows an upward, parabolic curve. The second one looks like a sorry-ass camel...

In any case, no worries. Corn does what corn does. We'll just have to postpone the fireworks for another couple of months. Or years.
1053  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2021, 06:50:37 AM
Sorry for not quoting, too dizzy (just woke up) and lazy, will reply directly, you know who you are.

Thanks Jay, for that nice story about your dog (how dare you own a DOGE?) I must say, the beginning of the story made me want to throw up, just thinking what that malleable liquid-soaked sock-like substance might actually be. At least the O2 absorber was a nice, crispy kind of substance, and it smelled delicious. I guess, being an O2 absorber, it absorbed the oxygen from inside the bag of jerky, and together it absorbed the nice beef flavour. It smelled like heaven. I thought it was a special kind of super-strong seasoning to go with the jerky, although later I noticed there was only smell, but not taste...

About LFC, I think he is desperate to enjoy his riches. I understand him. To him, and to many WOers I'm sure, the descent from $65k to $45k means huge unrealizable gains that he could now be enjoying, had he sold some at the top. But, isn't that easy to say after the fact? Who woulda thunk? It's OK. This is fine. Just HoDL and there will be a time to sell, and that time is not now, neither was it at $65k. As for me, I consider $100k my personal selling threshold, with the only exception being the price of $80k, which will make some leftover BTC change in my Kraken account to equal my entire fiat investment in BTC, ever. So, when we reach $80k the idea is to sell said leftover BTC in Kraken, and make my Bitcoin investment a win-win game, in the sense that I will have all my fiat back, as if I was never involved in Bitcoin, and of course also keep my precious coins. Easier said than done though (not the price reaching $80k, but getting myself to sell said BTC). My WO experience has cultivated a kind of mentality that just doesn't let me part with my precious coins, no matter the amount or the situation. Will I ever sell? Price increases beyond $100k will certainly make it easier to sell little fractions of corn, as the amounts to sell will be so teeny-weeny-tiny as to hardly affect the big pile of stashed corn. Ideally, my spending will only involve the BTC stored in Kraken, and not my cold storage corn. See, I'm already "spending" my coins, in the form of a psychological reassurance of being financially secure and what I would, perhaps, call "rich". No need to actually spend any corn (yet), the fact that I can spend it if I want to, is enough for me (for now).

Elon, oh Elon. Li-ion batteries are for powering up your Teslas, not for smoking them! O2 absorbers I can understand, been there, done that. But batteries? Is that bitch of a singer wife of yours making you do this shit? I like your Tesla and SpaceX work. WTF changed? What are you doing man? And don't you have any pity for that child of yours, naming it X Æ A-12. Is that a boy or a girl FFS? Don't you understand that POW is, by its very definition, the best way to secure a digital monetary network such as Bitcoin? It's work, WORK! You are sending rockets to space, that needs work. Can't you understand that any serious POW-based network, such as Bitcoin, will inevitably grow to consume lots of energy compared to petty shitcoins like DOGE now? It's designed to do this, and this is what gives it its value. It's a closed-loop system you fuck! It will settle at its current value, and if that value grows to be large, the energy consumed will also be large. Back in 2010 you could mine corn with your CPU/GPU. Bitcoin was green and eco-friendly then, right? What has changed since then? Its freaking value changed! It has become Gold v2.0 FFS. Do you really expect an NVIDIA GeForce 1080Ti to give you 6.25 BTC in 10 minutes TODAY? Have you calculated the amount of energy PayPal and the rest of the CBs out there are consuming? How about gold mining? I haven't seen you complaining about them. I want to like you, I want to admire your work, which I still think is admirable and advances humanity, but man, try to refrain from smoking batteries before posting tweets on the interwebs, that you will very soon regret.

OK, time for coffee, long day ahead.

Good morning WOers!
1054  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 18, 2021, 05:54:32 AM


That's what I'm talking about.

We need the dirty Bob, the filthy Bob, the nasty Bob... Rusty pipes and all. Now I have some hope for price recovery, even considering proudhon's math & science p(r)oofs.

#nohomo
1055  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2021, 05:51:21 PM
Thanks Homer, that was it. That's the little bag!

Looks like I'll be OK. It's amazing how psychology affects our brain and body. Yesterday I was happily eating beef jerky sprinkled with O2 absorber and enjoying it (tasted great BTW). Now, the mere thought of doing this again makes me want to puke my guts out.

It's going to be beef jerky without O2 absorber from now on!  Cheesy

I am sorry for your experience with the oxygen absorber, but I am delighted you got to experience beef jerky. Wink  Jack Links is a mainstream brand here in the US, and it's decent enough.  But there are also many small brands and less mass produced sorts of jerky that are also excellent.

But the very best of all?

My wife and I have made it with a food dehydrator.  We have the butcher cut some meat very thinly, and we season it, and put it in that gizmo and it takes a few days I think.

IT. IS. DELICIOUS.  MUCH MUCH better than anything you can buy in a store.  Similar to the difference between a loaf of bread from the store, and one baked at home. Anyway... something to try.

Thanks, your idea is very tempting, as I'm now paying $8 for each bag of 70g of Jack Link's Beef Jerky, imported from the US. Holy cow!

The thought of spending that kind of money on jerky when I can be BTFD is killing me (not the O2 absorber)...  Cheesy
1056  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2021, 05:47:02 PM
I can sense across the great biosphere, that one of you is about to have a Mindrust moment.

Question is, which one of you is it?  Cheesy

Certainly not me!

Considering wiring $12k to Kraken for a BTFD moment.
1057  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2021, 01:52:38 PM
Michael Saylor Responds to Elon Musk - Bitcoin Environmental Impact & Energy Debate

Saylor at his usual top-notch performance, debating crushing Elon's nonsensical claims. Saylor is an engineer, and that helps a lot.

I'm not sure Saylor is an engineer though he did graduate from MIT.  He said he was a rocket scientist.

This is the O2 absorber in Jack's Links:

https://www.mgc.co.jp/eng/products/sc/ageless/

Here's some pertinent info:

Q2. What happens if AGELESS is accidentally consumed?

A:The main constituents of AGELESS include iron powder and vitamin C, while the main constituents of AGELESS EYE include inorganic salts and colorants. These constituents have been confirmed to be safe in acute toxicity tests by official institutions. The packing materials used in AGELESS and AGELESS EYE pass standard regulations for food containers, plates and packing set by the Ministry of Health and Welfare notice 370 issued in 1959 and notice 20 issued in 1982 as a material that is able to come in direct contact with foodstuff.

What if the powder in AGELESS comes in contact with my eye?
This may cause scarring on the eye. Wash with copious quantities of water and seek medical advice from a doctor.
What if AGELESS (AGELESS EYE) packing is swallowed whole?
This may damage the esophagus and digestive organs. Seek medical advice from a doctor.
What if the powder in AGELESS comes in contact with my skin?
Wash with soap.
What if the powder in AGELESS accidentally enters my mouth?
Wash your mouth out with water.
What if AGELESS is boiled (with noodles etc) ?
While there are no health concerns, the iron powder and other components may adversely affect the taste of the food. If the AGELESS packing is ripped open, the iron powder may become mixed with food. Eating the food is not recommended in this case.

Stay safe!  Smiley

Thanks Homer, that was it. That's the little bag!

Looks like I'll be OK. It's amazing how psychology affects our brain and body. Yesterday I was happily eating beef jerky sprinkled with O2 absorber and enjoying it (tasted great BTW). Now, the mere thought of doing this again makes me want to puke my guts out.

It's going to be beef jerky without O2 absorber from now on!  Cheesy
1058  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2021, 12:27:26 PM
Michael Saylor Responds to Elon Musk - Bitcoin Environmental Impact & Energy Debate

Saylor at his usual top-notch performance, debating crushing Elon's nonsensical claims. Saylor is an engineer, and that helps a lot.
1059  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2021, 07:49:06 AM
So last night I'm at the home cinema room watching a movie and I open a bag of Jack Link's Beef Jerky to eat while watching. First time to try it, it's an American thing, not found where I live, had to specially order it. Room was dark, saw a little bag inside it, and thought it was some kind of seasoning (maybe salt of pepper). So I open the little bag and spread the contents over the pieces of meat. I ate everything, it was delicious. Guess what: this morning I realised that the little bag said DO NOT EAT outside it. Fcuk! It was something called "oxygen absorber", supposedly to keep the meat fresh. Lesson learned: always read the label before you eat (do) something. I'm still alive (for now)!

As for Elon, I think he has sold already. It doesn't make sense to HoDL and act the way he did (and still does). Maybe the earlier dip we had before the recent bigger one was him selling? Anyways, I'm not so good at this sort of thing, it makes Bitcoin seem like stocks and shares, which I absolutely hate. Of course, I haven't sold a sat, and even thinking of BTFD. In any case, Elon will soon be forgotten, and Bitcoin will resume its upward trend again, as it has done so many times before. Silk Road, MtGox, forkenings, China bans, ETF rejections, mempool spamming, CSW/Ayre/Wu/Ver attacks, you name it, Bitcoin has always chewed them up and spat them out, and so it will do to Elon.

Let's wait until this thing settles. Maybe there are things at play we don't yet know...

As someone who likes the stuff and the South African version Biltong I find this quite funny to read. You'll live.
From Google:

What is the do not eat packet in beef jerky?
According to Slate, silica gel is “an inert, nontoxic substance that’s essentially harmless. … So if you accidentally eat some of the silica gel in the beef jerky packet (or if your kid does), don’t worry. It’s completely harmless.

Maybe stick with popcorn or crisps next time.  Grin

My living room in essence is a cinema room btw. 5.1 setup with Epson projector and a 110 inch screen. It's not a very wide room so can't go bigger really.
Sometimes I do have my dinner in there but will usually leave a corner lamp on whilst doing that. Once finished eating it goes off.

Pretty sure that is not true, I beleive silca gel is carcinogenic, at least I was told that once.

However, he said oxygen absorber, which is not silca gel. Silca gel is for absorbing moisture. So it may be nothing, or may be something, in such small doses I'd say nothing.

If it were really serious they would not be able to sell the stuff as is. I'm sure this happens all the time.

That's what I thought, even before searching about it. I guess they wouldn't put a poisonous/harmful sachet inside a snack bag (most snacks are harmful enough as it is, LOL)... Actually, I'm very careful about such things, it just did not occur to me that there are such types of bags inside food packages.

Funny thing, I even scooped it all with the meat jerky to make sure I eat the thing (wouldn't want to miss the flavour). Didn't taste like salt or pepper. It was crunchy, but in a weird sort of way, like charcoal. I actually thought it was something to imitate the BBQ/charcoal particles/taste.

Live and learn.
1060  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2021, 06:56:01 AM
So last night I'm at the home cinema room watching a movie and I open a bag of Jack Link's Beef Jerky to eat while watching. First time to try it, it's an American thing, not found where I live, had to specially order it. Room was dark, saw a little bag inside it, and thought it was some kind of seasoning (maybe salt of pepper). So I open the little bag and spread the contents over the pieces of meat. I ate everything, it was delicious. Guess what: this morning I realised that the little bag said DO NOT EAT outside it. Fcuk! It was something called "oxygen absorber", supposedly to keep the meat fresh. Lesson learned: always read the label before you eat (do) something. I'm still alive (for now)!

Let's wait until this thing settles. Maybe there are things at play we don't yet know...

Damn! that's a scary story. Might be best to check the SDS for the chemical and see what it says for accidental ingestion.

I checked, and fortunately it seems that you need to eat many such sachets to be poisoned. The contents are something like iron powder that's supposed to suck oxygen by "rusting" inside the little bag. Damn, I think I involuntarily had a taste of Bob's "rusty pipe" treatment...

#nohomo
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