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Question: Closing BTC Price June 17:
$0 - 2 (1.9%)
<$6,500 - 7 (6.7%)
$6,500-$6,750 - 1 (1%)
$6,751-$7,000 - 2 (1.9%)
$7,001-$7,250 - 3 (2.9%)
$7,251-$7,500 - 6 (5.7%)
$7,501-$7,750 - 4 (3.8%)
$7,751-$8,000 - 12 (11.4%)
$8,001-$8,250 - 13 (12.4%)
$8,251-$8,500 - 6 (5.7%)
$8,501-$8,750 - 6 (5.7%)
$8,751-$9,000 - 11 (10.5%)
$9,001,$9,250 - 9 (8.6%)
$9,251-$9,500 - 6 (5.7%)
>$9,500 - 10 (9.5%)
$20,000 - 7 (6.7%)
Total Voters: 105

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21221690 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (64 posts by 15 users deleted.)
realr0ach
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December 09, 2018, 02:47:16 AM

Also, did anyone notice Gentlemand is a weirdo?  Not JayJuanGee level weirdo, but more like creepy, Dennis Rader style weirdo.
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marcus_of_augustus
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December 09, 2018, 02:52:21 AM

Heightened sense of smell is the bane of my existence.  Some colognes and perfumes give me an instant headache.  Those so-called air fresheners are just fuckin killer for me - they are not fresh at all.  My wife refrains from wearing perfumes and I love her for that.

if your sense of smell is as sensitive as you say you may be missing your calling ... so-called "noses" are paid very highly by perfume and food conglomerates as they are very rare people.

https://en.wikipedia.org/wiki/Perfumer
yefi
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December 09, 2018, 02:54:20 AM

Here you go...NSFL



What a, er, beautiful baby you have there lol.

realr0ach
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December 09, 2018, 02:54:40 AM

After all, I fight TPTB with BTC because I don't see any other way currently.



BobLawblaw
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December 09, 2018, 02:57:48 AM
Last edit: December 09, 2018, 05:10:24 AM by BobLawblaw



That stuff is just awful. It reminds me of preppie boys in the Eighties, and awful pastel colors. And come on; tell me that you couldn't tell me George Michaels was totally flaming back when he was still in WHAM! - while we're talking about awful colors and the Eighties...
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December 09, 2018, 03:13:24 AM

Cost of production plummeting ... no sign of bottoming anytime soon either

HairyMaclairy
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December 09, 2018, 03:21:00 AM

Anyone have a chart comparing 2014 bear market difficulty to present day?
infofront
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December 09, 2018, 03:21:09 AM

Also, did anyone notice Gentlemand is a weirdo?  Not JayJuanGee level weirdo, but more like creepy, Dennis Rader style weirdo.

That's his gimmick.
bitserve
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December 09, 2018, 03:32:02 AM

Anyone have a chart comparing 2014 bear market difficulty to present day?

We have never had a drop as hard as current one. Bitcoin difficulty kept growing for most of 2014 with some drops at the end, and in early 2015, but basically the difficulty remained more or less constant for over a year.
PoolMinor
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December 09, 2018, 03:33:39 AM

Anyone have a chart comparing 2014 bear market difficulty to present day?

sort of...









https://www.blockchain.com/charts/difficulty?timespan=all
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December 09, 2018, 03:38:33 AM

All this doom and gloom, but I'm on for earning nearly 0.1btc today through funding on Bitfinex. So I'm happy enough Smiley
I don't deal with Bitfinex because it feels like too much counterparty risk. But the rent one can get paid is pretty indeed. Sometimes I feel that itch... and I manage to scratch it off.
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December 09, 2018, 03:39:26 AM

WEEEEEEEeeeeeEEeEEeeEEEEEeEEEeE
weeeEEEeEE wEEEEeé WeeeEEeeEeEeE

FINDING BLOCKS? BLEEP BLEEP  Cool

WEEEEEEEeeeeeEEeEEeeEEEEEeEEEeE
weeeEEEeEE wEEEEeé WeeeEEeeEeEeE = GONNA WATCH TV NOW THE GF IS SAYING STOP TALKING WEEEEE ON BITCOINTALK

WEEeee weEeeEeeeeeEEEEE

Uh. Wee wee weeEE. (Don't displease tha babe.)


I have returned from dinner and the party starts again.
I lack time to follow the pages of WO, very, very, fast

My wife is worried, she says I've been very strange for four days.

(4 / december first time in WO, lol)

Weee.
Biodom
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December 09, 2018, 03:42:52 AM

Anyone have a chart comparing 2014 bear market difficulty to present day?

I actually researched this.

Difficulty declined (on a sustained basis) only during 2011 bear market: from 7/31/2011 to 12/10/2011 or about 4 mo (plus 10 days).
The decline was about 42% and btc bottomed Nov 19 2011 at $2, which is 20 days before difficulty bottoming, so price was leading, as expected.
Difficulty did not decline (on a sustained basis) during 2014-2015 bear market.
Right now difficulty is flat or declining since 10/6 or about two months.
Does this predict that we might be 30-40 days from price bottom?
Maybe, but i wouldn't put my money on this.
BTW, we lost about 21% so far and next drop looks like 6-7%.

Sources:
https://www.blockchain.com/en/charts/difficulty?scale=1&timespan=all
https://bitcoinwisdom.com/bitcoin/difficulty
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December 09, 2018, 03:44:22 AM

I have returned from dinner and the party starts again.
I lack time to follow the pages of WO, very, very, fast

My wife is worried, she says I've been very strange for four days.

(4 / december first time in WO, lol)

Why not open an account for her and talk to each other on here? We can give you marital guidance plus it's a fun memorial for your kids.

It's mo' better than mic's TV anyway. No match.
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December 09, 2018, 03:53:55 AM


 I asked two of my colleagues at work (on separate occasions) if they would refrain from wearing the cologne they were using - I even offered to purchase it from them so they weren't out any money.  One of them stopped wearing it (and didn't want my money) and the other one said "Would you rather I came to work smelling like BO?!"  Yes... yes I would.
 



Tell him to fucking take a shower, smelling like a french whore with cologne poured ontop is even worse than just the BO. He apparently thinks the two are diametrically opposed, what kind of morons do you work with? I made a senior engineer stand on the other side of the room because he refused breath mints before I had even gone through a 6 month probation period and the rest of the company loved me for it.




jojo69
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December 09, 2018, 03:54:06 AM

i am reading this a few days per week, lately every 1 or 2 days if i have time

and, i cant stand it anymore, so i am gonna pop the question



whats up with the hats?
circle jerk.

sour grapes
rolling
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December 09, 2018, 04:01:32 AM
Last edit: December 09, 2018, 04:22:07 AM by rolling
Merited by vapourminer (2)

Anyone have a chart comparing 2014 bear market difficulty to present day?

That's a hard chart to make meaningful. Different hardware availability, different hardware profitability, and different scales of mining companies. Too many variables really.

Anecdotally though, as a former miner from back then, I think this crash is a little bit deeper for miners (evidenced by the decreasing hash rate). I was mining back then and I was profitable until the second half of 2015 at which point I was mining at about break even for "electricity only" with $250 BTC. I was losing money on the facility costs and made no money for my time invested.

The operations now days are much larger with much larger fixed costs for facilities, loans and employees. $6000 was probably break even for them with the difficulty of a month ago. Now, difficulty is down ~20% and prices are down ~40%.

Every miner in the world is likely losing money now if they sell mining proceeds daily. Very few miners do that though. As a miner, you are a trader by default. Just like a farmer, you store your crops if you can and wait for the best time to sell. The longer these prices remain, the more miners will file for bankruptcy or sell their stash to cover basic necessities such as electricity and payroll.

With enough bankrupt miners, the difficulty should theoretically drop another 20% while prices stay ~$3500 to balance things out.


EDIT: The point though is that we are in the second half of 2015 if you are using mining difficulty/profitability as an indicator and comparing the last bear market to this one.
jojo69
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December 09, 2018, 04:04:28 AM

https://www.youtube.com/watch?v=kxbCHlXZ-0U
We are closing. The hard truth behind crypto.
(re mining)

waaaanh
jojo69
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December 09, 2018, 04:12:30 AM
Merited by infofront (1), rolling (1)

I have returned from dinner and the party starts again.
I lack time to follow the pages of WO, very, very, fast

My wife is worried, she says I've been very strange for four days.

(4 / december first time in WO, lol)

nobody fucking cares , did we ask for your life story

who's "we" asshole
jojo69
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December 09, 2018, 04:22:03 AM

for taxes or extortions?

Entrance to the $100k party.

You ain't getting in.
just have to keep posting enough shit here. you'll beg me to come, eventually. :>

I rather think not

welcome to my ignore list
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