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

[Phil_S]

One way or another, boring shit has to end by 16 October.

Poll idea: the same poll, but for 30 September.

If sideways again, repeat for 16 October.

Repeat until we break out, one way or another.

[Lambie Slayer]

Update: Lander location found from the orbitar but still no response from the lander with any signals.

But as scientist says 90% success of this project can be achieved with orbitar itself.

Landing on other planets and moons is *hard*.

The real tough part is getting back in one piece and sticking that landing.

Here is a look at the weekly chart from a couple of different perspectives. No ta..ive had a few too many cold snacks and am looking at the screen outta one eye at the moment..
Seahawks win a nail biter in the home opener against the Bengals 21-20   Life is good.  Carry on....

I have Lockett and was getting pretty pissed there for awhile!

In other news, Pittsburgh just embarrassed themselves and the Pats getting AB is not even remotely fair.
I'm saying that and i'm a Pats fan. That is of course if he doesn't blow up there too.
I tend to think this was his plan all along though, Raiders got boned too.
Was this another Belichick masterstroke?

 Antonio Brown is a team destroyer.  Go Steelers!!  

Edit: k.  I'll admit it was embarrassing and I wish I had gone to bed instead of watching.  Now I'm tired and angry.

I am wondering if Tomlin is pulling the masterstroke and using AB as a radioactive Trojan Horse to take down several teams in the league and drive them into dysfunction. Belichick has superpowers of making things go right, but AB has superpowers of turning things into horseshit, its a question of who will have the strongest superpower. Its Bill's greatest test. AB is one of the biggest pieces of shit in sports that I can remember in my lifetime. Raiders were dumb to sign him, but Im pissed how he screwed them over.

[fillippone]

Wow BTC hasrate is skyrocketing!

Bitcoin Hash Rate Nearing 100,000,000 TH/s In Historic First

Data from monitoring resource Blockchain.com confirms an exciting new trend for Bitcoin’s 00 hashrate, which at press time stood at an all-time high of 94 quintillion hashes per second (h/s).

The figure has spent most of the past few months on a rapid path upwards, but progress has accelerated in recent weeks.

Fillippone is happy, then, in a totally unrelated news:


Bitmain Launches Two New S17 Bitcoin ASIC Miners Today 

Leading mining Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new S17 miners in a press release shared with Cointelegraph.

The two new mining ASICs, namely the S17e and the T17e, will both be launched on Sept. 9. The company claims that both the new models feature improvements, which should translate to higher efficiency, more stable operation and more longevity.

ASIC specifications released

Bitmain also released the specifications of both the newly announced mining machines. The S17e has a hash rate of 64 TH/s and operates with a power efficiency of 45 J/TH, while the T17e offers a hash rate of 53 TH/s and a power efficiency of 55 J/TH.

Both the S17e and the T17e feature a dual tube heat dissipation system, which reportedly improves how efficiently the machines can dissipate heat. This should enhance the longevity of the hardware and its stability.

Furthermore, Bitmain also claims that the software embedded into the two new ASICs has higher cybersecurity standards to prevent malicious attacks.

[Last of the V8s]

I have deduced that they're talking about a sport.

[xhomerx10]

I have deduced that they're talking about a sport.

 After last night I've sworn off sports.  From now on, I'll only watch championship finals where a Canadian is involved and the game is played on a Thursday night starting at 7pm est.

[vroom]

pump, pump, pump!

[El duderino_]

pump, pump, pump!

Sweet sweet sweet

[Ludwig Von]

It looks like the bankrunner bringing fiat from my bank, Ghent Be to the Stamp bank (in Slovenia) somewhere got lost. Next time I will include a routeplanner when I try to do that again... .

[Hueristic]

A good opsec security is just a part of the equation trying to avoiding crimes involving crypto’s happens to you:

Norwegian bitcoin millionaire jumped down 2 stories from his balcony after man with shotgun broke in to his house. This is why you never tell anyone you own BTC

https://twitter.com/redditbtc/status/1170809574607249409?s=21

This is my suggestion.
Fillippone, your fellow Mexican WO pal.
Going to a trekking in Yucatàn trying to forget the fact I just lost my private keys in a boating accident!

Lol, Here's a good reply.

Well technically he jumped one story because he was already at the bottom of the second story.

[Hueristic]

This yoyo BTC price is a bit boring...  

Not if you

I think the trick here is to avoid the unprofitable Scenario 1 and stick to Scenario 2.

Scenario 1:


Scenario 2:


So I'm going to play the "buy back" game only if the price drops significantly, like 75%.

[Hueristic]

via Imgflip Meme Generator

via Imgflip Meme Generator

Not sure if this should be done with left or right hand, but a little slot machine observing in Vegas this weekend.  

268 days into the new BTCull Market and all is well.  

I h8 slot machines and only use them to roll over my free play but something spoke to me in those shots,


I think it was the star trek theme.

[Hueristic]

 Antonio Brown is a team destroyer.  Go Steelers!!  

Edit: k.  I'll admit it was embarrassing and I wish I had gone to bed instead of watching.  Now I'm tired and angry.

I had Moncrief and Washington on my bench and moncrief is now tossed to the shitter, I remember him dropping everything at the colts but took a gamble just in case he stepped up. Washington looks like he's gonna work out though.

I am wondering if Tomlin is pulling the masterstroke and using AB as a radioactive Trojan Horse to take down several teams in the league and drive them into dysfunction. Belichick has superpowers of making things go right, but AB has superpowers of turning things into horseshit, its a question of who will have the strongest superpower. Its Bill's greatest test. AB is one of the biggest pieces of shit in sports that I can remember in my lifetime. Raiders were dumb to sign him, but Im pissed how he screwed them over.

ROTFLMFAO! Right, its all goddamn Voodoo.

Tomlin does have the worst luck and literally Belichick catches all the breaks that make him look like a genius. I really was pulling for the raiders as they were my team growing up (because the Pats sucked so bad i had to have 2 to root for) and Gruden is going through Prima Donna WR's like french whores go through perfume,. It looks like Gordon is even working out, who would have guessed that? Not me thats for sure. They started with nothing for wr and lost Gronk and now they have too much wr talent. They probably won't even make the playoffs now.

I have deduced that they're talking about a sport.

[JSRAW]

Anyone shared this? No?

Dude built a Lightning ATM

https://www.reddit.com/r/Bitcoin/comments/d1hx12/i_built_a_lightning_atm_build_your_own/

[LFC_Bitcoin]

^ Lambie we are supposed to concentrate on WO sign?  

Dear Lord!
I hadn't noticed!
Something is wrong with me, if I care more about WO sign instead of natural (or not natural, I don't care) beauties!

Love these pics
Keep them coming guys

[bkbirge]

Didn't see this posted yet, the correlation with halving while not too surprising is still interesting, keep HODL'n...

While a 100% sure profit would have taken a maximum of 1,335 days, this relates to the bull-run in late 2013, when Bitcoin price surged to $1150. If you had bought in right at the top, then it took 1,335 days before Bitcoin finally broke that level in early 2017.

https://cointelegraph.com/news/new-analysis-every-bitcoin-holder-makes-a-profit-after-1-335-days

[bkbirge]

Some of you may get a kick out of this article...

Of course, technical analysis sometimes seems to work, says Janny Kul, who crunched the numbers on hundreds of TA research papers. Likewise, a coin flipped several times might yield five heads in a row. But falsely assuming that the coin’s past landings affect the probability of its future landings is wrongheaded. Indeed, the fallacy even has a name—“statistical independence.”

https://decrypt.co/9002/technical-analysis-the-art-of-wrongly-predicting-the-future

"Coin’s past landings affect" analogy is stupid. There's a big chance tomorrow's price will be close to today's price, everyone knows that. Tomorrow's price is not "statistically independent" from today's price.

Multi-year trend lines also can be useful for multi-year predictions.

Even past 2-3 months can be useful, like right now we're experiencing 80 days of sideways. So there is a good chance we'll continue moving sideways for at least another week.

Can you quantify the 'good chance' and why the week time duration of your prediction? I think the analogy works when you consider the prediction is not whether the price is close to short term past but whether it moves up or down relative. That's the coin flip part. At least that's how I understood it.

[El duderino_]

The Bakkt Warehouse is active for futures

Bitcoin deposited at our Warehouse is protected by a $125 million insurance policy

https://twitter.com/bakkt/status/1171040208105758720?s=21

[fillippone]

Didn't see this posted yet, the correlation with halving while not too surprising is still interesting, keep HODL'n...

While a 100% sure profit would have taken a maximum of 1,335 days, this relates to the bull-run in late 2013, when Bitcoin price surged to $1150. If you had bought in right at the top, then it took 1,335 days before Bitcoin finally broke that level in early 2017.

https://cointelegraph.com/news/new-analysis-every-bitcoin-holder-makes-a-profit-after-1-335-days

This is nonsense.
No evidence, no rationale.
It's like driving straight on a road because on the the rear mirror it has always been a straight road.

[bkbirge]

Didn't see this posted yet, the correlation with halving while not too surprising is still interesting, keep HODL'n...

While a 100% sure profit would have taken a maximum of 1,335 days, this relates to the bull-run in late 2013, when Bitcoin price surged to $1150. If you had bought in right at the top, then it took 1,335 days before Bitcoin finally broke that level in early 2017.

https://cointelegraph.com/news/new-analysis-every-bitcoin-holder-makes-a-profit-after-1-335-days

This is nonsense.
No evidence, no rationale.
It's like driving straight on a road because on the the rear mirror it has always been a straight road.

Or like drawing a straight line through a price chart of the last 4 years and expecting it to still be straight 4 years from now.

[Phil_S]

Can you quantify the 'good chance' and why the week time duration of your prediction?

It's a gut feeling, not quantifiable math. And it's not a week but "at least a week", so could be longer. Maybe 2-3 weeks.

I think the analogy works when you consider the prediction is not whether the price is close to short term past but whether it moves up or down relative. That's the coin flip part. At least that's how I understood it.

There are different types of predictions, from unreliable short-term predictions for traders, to pretty reliable long-term predictions for us holders. It would be wrong to just dismiss all of them.