Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Paashaas]

Blockstream satellites now supports Lightning payments and expanding to Asia-Pacific area.  

https://www.coindesk.com/blockstream-boosts-bitcoin-satellite-service-with-lightning-payments

https://www.forbes.com/sites/michaeldelcastillo/2018/12/17/who-needs-verizon-blockstream-broadcasts-entire-bitcoin-blockchain-from-space/?ss=crypto-blockchain&utm_source=TWITTER&utm_medium=social&utm_content=2016400873&utm_campaign=sprinklrForbesCrypto#55236a295a80

The nerd in me just creamed his pants.

They know how to build infrastructure.

[1714198912]

1714198912

[1714198912]

1714198912

[1714198912]

1714198912

[serveria.com]

OMFG 3600 and no signs of stopping! Weee!  

[jbreher]

Where is Jbear?

Life. Was elsewhere doing stuff. Here now.

Negative price activity is not evidence of scam. If it were, then all cryptos would be scams.

[ivomm]

[Toxic2040]

memory and attention decay

+2 WOsMerit


That was fast...as usual.  

Abstract

Collective memory and attention are sustained by two channels: oral communication (communicative memory) and the physical recording of information (cultural memory). Here, we use data on the citation of academic articles and patents, and on the online attention received by songs, movies and biographies, to describe the temporal decay of the attention received by cultural products. We show that, once we isolate the temporal dimension of the decay, the attention received by cultural products decays following a universal biexponential function. We explain this universality by proposing a mathematical model based on communicative and cultural memory, which fits the data better than previously proposed log-normal and exponential models. Our results reveal that biographies remain in our communicative memory the longest (20–30 years) and music the shortest (about 5.6 years). These findings show that the average attention received by cultural products decays following a universal biexponential function.

https://www.nature.com/articles/s41562-018-0474-5    Might be paywalled.  :/


This graph lines up nicely with halvening's. It could very well indicate that 2020 will be the "goto" year for Bitcoin. Where as the communicative and cultural memory peak along with price to take us mainstream. Where bitcoin "entered" this plot line is open for much debate because interest really didn't peak within the first year of launch..hardly anyone knew about it then. I do however like the pulse's that occur every 2 to 4 years.

What I think is important here is that there might be a finite amount of time for something to stay in the focus of the general population.  This is neither bullish or bearish, its purely speculation. It might not even be relevant until bitcoin reaches full adoption. Regardless it is filled with nice maths.

[cAPSLOCK]

I call upon:

[Totscha]

OMFG 3600 and no signs of stopping! Weee!  

I'll try again. As futile as that may be...

Bitstamp BTC/USD pair is the 'official' price we use on this thread

[Last of the V8s]

adoption is not a thing
bitcoin is not for the poor
or the stupid

[xhomerx10]

I call upon:

 Rocket ignition pics yet??

[BinaryReign]

[xhomerx10]

adoption is not a thing
bitcoin is not for the poor
or the stupid

 Dammit I'm out on both counts... okay I'll sell now.

[_javier_]

OMFG 3600 and no signs of stopping! Weee!  

I'll try again. As futile as that may be...

Bitstamp BTC/USD pair is the 'official' price we use on this thread

agreed.. then OMFG 3580!!

btw, we are at mid sept 2017 prices   anything could happen!!


PS: hola Bren!

[bitserve]

Blockstream satellites now supports Lightning payments and expanding to Asia-Pacific area.  

https://www.coindesk.com/blockstream-boosts-bitcoin-satellite-service-with-lightning-payments

https://www.forbes.com/sites/michaeldelcastillo/2018/12/17/who-needs-verizon-blockstream-broadcasts-entire-bitcoin-blockchain-from-space/?ss=crypto-blockchain&utm_source=TWITTER&utm_medium=social&utm_content=2016400873&utm_campaign=sprinklrForbesCrypto#55236a295a80

The nerd in me just creamed his pants.

How can he be in you if he's wearing pants?

This just made me miss the Mayor...

We all miss him. That's a FACT.

[jbreher]

We have now penetrated the 200 MA Weekly and have gone back to sitting on it.  Which is not a particularly good sign.  

this is great bitcoin chart needs to "reset" below $1000 :-D #oldschool coiners agree

What do the oldschoolers think about the hyperwave theory? https://www.youtube.com/watch?v=50ruB0sbwIg

Dunno. Unlikely to invest over an hour of my life to absorb a vid from an unknown. Is there a tl;dw?

[Last of the V8s]

it goes in waves^

[Toxic2040]

adoption is not a thing
bitcoin is not for the poor
or the stupid

So your saying I'm f*cked?    

-------------

Stretching for the 0.382 fib , bitcoin has started this morning and week with a bang. Lets see where we find support at.


#stronghands2019

[bitserve]

47 people got the poll wrong so far.

The answer is "you don't know."

You don't get it, you intentionally vote no because you are always wrong.

I intentionally voted no because I am hedging. Either I am right, or I am rich. Well, not quite... but you get the point.

[bitserve]

3500 didn't hold for too long - rally continues to 3600? Wee!

Protip: Using anything other than Bitstamp price is not going to win you any merits

I'm not here to "win merits" dude 

Give them to me. I was like you once... Now I am a merit whore.

[Last of the V8s]

2 of the brightest sparks saying they're stupid
hmmm

[JimboToronto]

A late good morning Bitcoinland.

Nice to see a pleasant little rise... currently $3618USD/$4845CAD (Bitcoinaverage).

Go Bitcoin go (continuing upward).

OMFG 3600 and no signs of stopping! Weee!  

I'll try again. As futile as that may be...

Bitstamp BTC/USD pair is the 'official' price we use on this thread

If you need to use any single exchange, indeed it is Bitstamp.

I prefer using an index based on multiple exchanges.

For this, I prefer Bitcoinaverage because it includes the most exchanges worldwide weighted to volume, excluding zero-fee exchanges. It's also the one that is used as a reference price by most ATM operators in Toronto and in every OTC transaction I've done in the last few years.