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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25437048 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. (157 posts by 13+ users deleted.)
cold013
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February 21, 2019, 02:50:34 PM

not claiming guru status, but it's a lagging correlation. hashrate follows price, largely for the reasons you observe and postulate. note that mining is not the only factor in declining price. mining is an ordinary business, but what the newbies don't do is to plan for the inevitable downturn. note that miners are also affected by increasingly efficient asics coming to market. note that one huge factor in mining difficulty was the failures of bitmain, investing in BCH, and their wafers not working out twice.

(regional branch = local forum, complexity = difficulty, hamsters = retail traders/newbies (who bought at the top))

nice post, мoлoдэц

Thanks!
But I still think that the halving will be an indicator, the deficit will not go anywhere. Lets hodl
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Last of the V8s
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February 21, 2019, 03:03:22 PM

agreed^
~~~~~
https://www.opendemocracy.net/uk/brexitinc/peter-geoghegan-jenna-corderoy/revealed-how-dark-money-is-winning-brexit-influencing-ga
holding a candle up to peer at the deep state
Butterscotch Cartman
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February 21, 2019, 03:25:01 PM

r0ach fuck off for a second here.

It's a simple cost/benefit analysis.  Women have always been prostitutes evolved solely to try and extract resources from men but back in the caveman days it wasn't that big of a deal.  The man was going to leave the house to try and kill a deer or something and if you succeeded, you would have spare food leftover and you give it to the woman.  There was most of the time no real excessive burden on the man to try and satisfy this abominable creature called woman.

Now the woman doesn't just want a piece of deer meat, but diamond rings, cars, a house that costs your entire life to pay for, weddings the price of a house, etc.  Each passing day the cost and burden of a woman on a man increases drastically while the benefits simultaneously decrease.  The prostitutes are insanely overvaluing themselves in other words.  As a man, you're entering into a contract of indentured servitude by going anywhere near one of these creatures in the modern day.  The price in terms of complete loss of freedom and all financial liberty as well is not worth it.

Jeff Bezo's wife will get around $70billion from the divorce, crazy.
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February 21, 2019, 03:30:45 PM

Simply put, humanity came from the sea - and to the sea it shall return. Wink

Elwar is a pioneer.

I think it’s cool what he’s done but it wouldn’t be for me. What are the chances of a Tsunami ever happening where he’s situated? If that happens it’s lights out for Elwar.
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February 21, 2019, 03:33:17 PM

https://www.technologyreview.com/s/612974/once-hailed-as-unhackable-blockchains-are-now-getting-hacked/
some hack hacked together some nonsense about 'hacking'
kenzawak
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February 21, 2019, 03:40:07 PM

Anybody in Ireland wants to buy cheap BTC ?

https://www.coindesk.com/430k-in-confiscated-crypto-to-be-sold-off-by-irish-auction-house

Quote
Cryptocurrencies seized by Belgian law enforcement from online drug dealers are to be put under the hammer by an Ireland-based auction house.

Wilsons Auctions announced Monday that it has signed an agreement with the federal government of Belgium to hold an auction of the crypto funds with no reserve, including 104.99 each of bitcoin (BTC), bitcoin cash (BCH) and bitcoin gold (BTG).

The total market value of the cryptocurrencies is around $431,660 at the time of writing.

“The bitcoins were seized by the Belgium police as a result of a drug trafficking case in which the criminals used the DarkNet to sell drugs,” Wilsons Auctions said.

The international auction will start at 12 noon (GMT) on March 1, with the cryptocurrencies divided into lots, the release states. The bitcoin will be sold in 0.5–4 BTC lots, while the BCH and BTG will be offered in larger lots.
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February 21, 2019, 03:42:13 PM
Merited by LFC_Bitcoin (1)

Simply put, humanity came from the sea - and to the sea it shall return. Wink

Elwar is a pioneer.

I think it’s cool what he’s done but it wouldn’t be for me. What are the chances of a Tsunami ever happening where he’s situated? If that happens it’s lights out for Elwar.


false, this has been addressed at least twice before in this thread, he is in deep enough water that a tsunami would just be a large, long swell, he might not even notice
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February 21, 2019, 03:46:05 PM


I think it’s cool what he’s done but it wouldn’t be for me. What are the chances of a Tsunami ever happening where he’s situated? If that happens it’s lights out for Elwar.


Well it wouldn't be much of a venture if a tsunami (or just water rising) has not been taken into account.
Can't be bothered to find it, but Elwar has explained that the whole stead will rise without even noticing (exaggerating a bit imo).
BTW, he hasn't logged in for 15 days. Undecided

edit: jojo beat me to it.
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February 21, 2019, 03:55:38 PM

<snip>
NoNo its actually is her, no troll in that one, sense an awesome/beautiful lady I do Cheesy

getting ready to play some game today Roll Eyes Grin

Wow, Mic already said, "I do" to Cryptoqueen. Quoted for posterity.
Congrats! Can we send you BTC for a wedding gift?
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February 21, 2019, 04:11:13 PM

Check what Elon Musk thinks about Bitcoin being Brilliant and better than Paper Money:

https://www.coindesk.com/elon-musk-calls-bitcoin-brilliant-better-than-paper-money-for-value-transfer

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To that end, Musk said he believes bitcoin’s structure “is quite brilliant,” adding:

“It [cryptocurrency] bypasses currency controls. … Paper money is going away. And crypto is a far better way to transfer values than a piece of paper, that’s for sure.”

This statements can hype the Price Huh
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February 21, 2019, 04:12:36 PM
Merited by 600watt (1)

Veneus accepting Bitcoin 2013 vs 2018.

                   



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February 21, 2019, 04:22:09 PM
Last edit: February 21, 2019, 05:18:12 PM by 600watt

Simply put, humanity came from the sea - and to the sea it shall return. Wink

Elwar is a pioneer.

Not too many WO posters have actually built what they are dreaming of and not just talked about it. Impressive.


edit: typo
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February 21, 2019, 04:25:08 PM

Exactly.
People in general tend to just talk about their dreams instead of actively pursuing them.
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February 21, 2019, 04:26:17 PM

or pick at others
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February 21, 2019, 04:30:15 PM

Those are worse.
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February 21, 2019, 04:35:45 PM

Taking into account that a recent XMR auction ended up going for a greater value than it was that day, I don't think it's worth it.

Quote
Register NOW for the auction to avoid disappointment! Be prepared and complete your registration today. Follow these simple steps in order to bid; 

    Click here to download our attached registration form
    Complete the form, and return it to ~snip~ along with a copy of your photographic ID and proof of address
    Once we have your documents, one of our staff will contact you via the information given to take your £500 deposit
    Await an email with your login details (registration cannot be complete without all of the above).


IMPORTANT INFORMATION

    Please read the terms & conditions before bidding.
    All Lots are subject to a 4.5% buyer’s premium (VAT will be charged on the buyer’s premium in addition).
    Full payment is required within 24 hours of the auction.
    Details for the wallet for the assets to be transferred to is to be sent no later than 48 hours following the auction.
    No bids can be withdrawn once placed for any reason.
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February 21, 2019, 05:01:52 PM
Merited by cAPSLOCK (5), bones261 (2), 600watt (1)

Good morning guys.

Market consolidation continues at just below $4k as scalpers and other such ilk scrape profits from where they can. I was almost convinced that this rally had some actual steam to it but it appears to be ready to fizzle out almost before its has begun. Have to see if support hodls near the $3.775k range as we head towards the weekend. #dyor
1h


4h

#stronghands'19
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February 21, 2019, 05:06:21 PM

Simply put, humanity came from the sea - and to the sea it shall return. Wink

Elwar is a pioneer.

I think it’s cool what he’s done but it wouldn’t be for me. What are the chances of a Tsunami ever happening where he’s situated? If that happens it’s lights out for Elwar.


false, this has been addressed at least twice before in this thread, he is in deep enough water that a tsunami would just be a large, long swell, he might not even notice

 For the propagation phase of a tsunami, the speed of the wave can be calculated by taking the square root of the depth of the water in meters multiplied by 9.81.  The result is in m/s.  I believe he told us how deep previously but I dont have time to find the post.
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February 21, 2019, 05:11:43 PM
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holy moly! what a pile of bullshit. this guy contradicts himself in so many ways and has clearly no clue. the only thing he gets right is that ETH is not secure.

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I’m an associate editor at MIT Technology Review, focusing on the world of cryptocurrencies and blockchains. My reporting, which includes a twice-weekly, blockchain-focused email newsletter, Chain Letter (subscribe here), revolves around one central question: Why does blockchain technology matter?
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February 21, 2019, 05:19:41 PM

Hello WO`s!!
I'm sorry for not appearing, I had the honor to celebrate my accession to the WO hats community. Roll Eyes
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