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December 03, 2020, 08:59:46 PM *
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Question: When ATH?
Nov. 2020 - 47 (36.2%)
Dec. 2020 - 43 (33.1%)
Jan. 2021 - 14 (10.8%)
Feb. 2021 - 5 (3.8%)
Mar. 2021 - 5 (3.8%)
After Mar. 2021 - 16 (12.3%)
Total Voters: 130

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24683140 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. (153 posts by 40 users deleted.)
somac.
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September 08, 2019, 11:32:44 PM

JJG, you may be a bit too wordy, but I'm glad that you spare the time to call out the destructive bullshit that jbreher spews in order to manipulate others. I am also thankful for Hairy's contributions as well. 
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JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 08, 2019, 11:33:34 PM

to re-iterate two recent analysis of bitcoin statistics:

S/F by planB

https://twitter.com/100trillionUSD/status/1170701620751065095   #this is latest reiteration, see medium article for the original.

Power law by Harold Cristopher Burger:

https://medium.com/@hcburger1/bitcoins-natural-long-term-power-law-corridor-of-growth-649d0e9b3c94

TL;DR S/F predicts at least 55K at the halving with about 55-300K band; Power law predicts a maximum of about 120K by the end of 2021 and as low as 15k in the ensuing correction by the beginning of 2023. S/F is a bit more optimistic (no reason for the price to dip to 15K).

If we are looking more short-term BTC price dynamics, part of the question currently, in my ponderings, is whether there is going to be a weekly candle closing reaction?

Sometimes it comes before the weekly candle closing and sometimes afterwards.

BTC price dynamics seem pretty flat right now, and the weekly candle closes in about 30 minutes, at the time of my typing.
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September 09, 2019, 12:32:17 AM
Merited by JayJuanGee (1)

If it was not for Segwit, we would be paying higher fees today, and the network would be slower.

Well, there was another available means of solving these issues.

Who cares?  Water under the bridge.

Segwit was passed by overwhelming consensus, yet diptwats like you want to continue to argue about (then) supposed other options.. so fucking what?  That's not what happened.

Word.  Go out there and make Beecash Satoshis Original Crispy VisionTM happen.  Don’t sit around here complaining to us about what might have been
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September 09, 2019, 12:57:23 AM

Got bad news.  Silver will probably double top at $800 an ounce.

Toxic2040
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September 09, 2019, 01:08:55 AM

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.
#dyor
W



W

#stronghands'19
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1/21000000 the only math you need to know


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September 09, 2019, 01:15:44 AM

https://usethebitcoin.com/jed-mccaleb-receives-100-million-xrp-from-ripple/

LOL, XRP The Bagholder standard. Jed will be dumping all of these on shitcoiners heads.

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September 09, 2019, 01:55:42 AM


one point three percent
every shitcoin bagholder
is this alt season?

Unknowingly, or...?
Posted a visual #haiku!
Goose with a surprise
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September 09, 2019, 02:25:05 AM

Good day Bitcoinland
Ten four four two U.S. bucks
(Bitcoinaverage).

Still going sideways
When will this crap ever end?
Maybe November.

Buying those cheap coins
Still plentiful time brothers
Hurry though moon soon

5
7
5

I got it, right?


Formally perfect
debut deserving merit
LFC scrapped it?


+1 WOsMerit to LFC (if the #haiku was actually written by him, and this isn't a quoting mistake by ulrich_zh)
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September 09, 2019, 03:46:05 AM
Last edit: September 09, 2019, 03:56:32 AM by Hueristic

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. Smiley


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?

JayJuanGee
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September 09, 2019, 04:13:39 AM

Good day Bitcoinland
Ten four four two U.S. bucks
(Bitcoinaverage).

Still going sideways
When will this crap ever end?
Maybe November.

I would kind of prefer staying between $9k and $11.5k until about November rather than dropping below $9k and then perhaps getting stuck down there for longer than we were to prefer.

On the other hand, some folks think that there is a bit of a necessity to drop below $9k in order to cause some resolution in the ability to go up, so in other words, the expectation is that we are not ready to go up yet because buy support is still catching up.  So either stay in this range a bit longer or test some more downward support before likely resolving in the up direction.
JayJuanGee
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September 09, 2019, 04:25:12 AM

Got bad news.  Silver will probably double top at $800 an ounce.




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September 09, 2019, 04:36:40 AM

How could evidence of personal identity have anything whatsoever to do with evidence of protocol change?

Quote
I'm not sure if you're trolling or trying to be serious.

Back at ya.

See any evidence of SegWit in the white paper? No?

Explicitly in front of your face. Willful dereliction of truthiness.

SegWit was indeed an alteration of the Bitcoin protocol. Undeniably. There is really no way to argue otherwise.

I am pretty confident the white paper doesn’t say anything about Turing completeness, legally enforceable smart contracts, token protocols,  large data storage capability and all the other shit in Bitcoin SV marketing

Yet interestingly, all fully supported in the 0.1 version of the Bitcoin protocol. You know, before the Cripple Rangers took control of the codebase. SegWit, on the other hand...

Funny, eh?

So what's the point you are trying to make?

My mistake.  I couldn't see any evidence of them in the white paper.  Thank you for clarifying that it doesn't matter whether something is mentioned in the whitepaper.

That is not what I said at all. Are you really that blind that you do not see what I am getting at? Even with your introduction of demonstrably flawed sidebars?

The initial implementation of Bitcoin - 0.1 supports all the features you list. Without recourse to explicit enabling code.
The initial implementation of Bitcoin -- and including up to and through the SegWit Omnibus Changeset Release -- did not support SegWit. Neither explicitly nor as an external implementation. Indeed, the implementation of SegWit was predicated on the most egregious change to the Bitcoin protocol ever enacted.
The features you list did not / do not require a change to the Bitcoin protocol.
SegWit did / does require a change to the Bitcoin protocol.

So when you say "it doesn't matter whether something is mentioned in the whitepaper", you're neither right nor wrong. What matters is the protocol itself. SegWit was undeniably a change to that protocol. A rather significant one. Therefore, somewhat 'less Bitcoin-y' -- at least on this axis -- than other implementations which hew to the original.

On the other hand, if some element is decidedly counter to the white paper (chain of digital signatures, anyone?), then that indeed does matter.

It’s hard to keep track of what you were saying when you keep changing it. 

Bullshit. I've been consistent. You've been persistent in finding new words to stick in my mouth.
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September 09, 2019, 05:18:43 AM


https://twitter.com/Rhythmtrader/status/1170750872118321153

Negotiation
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September 09, 2019, 05:30:22 AM

Got bad news.  Silver will probably double top at $800 an ounce.



Not bad news it learning purpose need help to be learn.
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September 09, 2019, 05:33:49 AM

Quote
It's December. Year 2022. Shitcoiners still waiting for altseason. Their porfolios are down 99.9998%. Altseason finally comes. Their portfolios make a huge 10% recovery. Bitcoin is $250,000. Trump got re-elected. Schiff converted all his gold to #Bitcoin. Vitalik disappeared. 😐
Source: https://twitter.com/ArminVanBitcoin/status/1170855637078695936
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September 09, 2019, 05:49:37 AM

Quote
It's December. Year 2022. Shitcoiners still waiting for altseason. Their porfolios are down 99.9998%. Altseason finally comes. Their portfolios make a huge 10% recovery. Bitcoin is $250,000. Trump got re-elected. Schiff converted all his gold to #Bitcoin. Vitalik disappeared. 😐
Source: https://twitter.com/ArminVanBitcoin/status/1170855637078695936

You always have a tab open on CoinMarketCap.com
You always have a tab open on WO thread.

Check all of them.
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September 09, 2019, 06:00:11 AM
Merited by JayJuanGee (1)

How could evidence of personal identity have anything whatsoever to do with evidence of protocol change?

Quote
I'm not sure if you're trolling or trying to be serious.

Back at ya.

See any evidence of SegWit in the white paper? No?

Explicitly in front of your face. Willful dereliction of truthiness.

SegWit was indeed an alteration of the Bitcoin protocol. Undeniably. There is really no way to argue otherwise.

I am pretty confident the white paper doesn’t say anything about Turing completeness, legally enforceable smart contracts, token protocols,  large data storage capability and all the other shit in Bitcoin SV marketing

Yet interestingly, all fully supported in the 0.1 version of the Bitcoin protocol. You know, before the Cripple Rangers took control of the codebase. SegWit, on the other hand...

Funny, eh?

So what's the point you are trying to make?

My mistake.  I couldn't see any evidence of them in the white paper.  Thank you for clarifying that it doesn't matter whether something is mentioned in the whitepaper.

That is not what I said at all. Are you really that blind that you do not see what I am getting at? Even with your introduction of demonstrably flawed sidebars?

The initial implementation of Bitcoin - 0.1 supports all the features you list. Without recourse to explicit enabling code.
The initial implementation of Bitcoin -- and including up to and through the SegWit Omnibus Changeset Release -- did not support SegWit. Neither explicitly nor as an external implementation. Indeed, the implementation of SegWit was predicated on the most egregious change to the Bitcoin protocol ever enacted.
The features you list did not / do not require a change to the Bitcoin protocol.
SegWit did / does require a change to the Bitcoin protocol.

So when you say "it doesn't matter whether something is mentioned in the whitepaper", you're neither right nor wrong. What matters is the protocol itself. SegWit was undeniably a change to that protocol. A rather significant one. Therefore, somewhat 'less Bitcoin-y' -- at least on this axis -- than other implementations which hew to the original.

On the other hand, if some element is decidedly counter to the white paper (chain of digital signatures, anyone?), then that indeed does matter.

It’s hard to keep track of what you were saying when you keep changing it. 

Bullshit. I've been consistent. You've been persistent in finding new words to stick in my mouth.

wtf these new planes have jet engines, and cars have airbags?!?! But but none of this was in the original design!!!
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September 09, 2019, 06:07:26 AM
Last edit: September 09, 2019, 06:20:35 AM by mindrust
Merited by JayJuanGee (1)

Haven't really made my mind about it but for now I am planning to dump %15-20 of my stash for every $10k increment starting from $50k and make the final blow at $100k.

Also I'll buy back every piece I dumped if the price goes $10k lower from where I sell the coins.

For example;

Sold %20 @ $50k. Now there are 2  possibilities.

 A) the price goes down for $10k to $40k and I buy back and increase the btc amount,
 B) It goes higher and reaches $60k. Then I'll domp et again another %16-17.

If A) happens in the first round  > back to hodling
If B) happens > again another 2 possibilities A) and B) but this time it's happening @ $60k.

Will probably play that game to maximize the profits till it reaches $100k. Not really decided on anything just thinking. I may completely ignore the "buy back" part too.
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September 09, 2019, 06:36:26 AM
Merited by Dabs (2), JayJuanGee (1)

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

Quote
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.
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September 09, 2019, 06:45:27 AM
Merited by Dabs (2)

OMG guys FOMO has arrived. Just got this in my spam: Invest in Bitcoin and earn from $ 3000 per day  Grin Grin Grin  first time since 2017 I'm receiving this spam so we're about to EXPLODE!  Cool
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