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October 24, 2019, 12:35:31 AM *
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Question: Oct. 31 Closing Price:
$0 - 4 (5.2%)
<$7,000 - 9 (11.7%)
$7,000-$7,500 - 5 (6.5%)
$7,500-$8,000 - 10 (13%)
$8,000-$8,500 - 15 (19.5%)
$8,500-$9,000 - 10 (13%)
$9,000-$9,500 - 5 (6.5%)
$9,500-$10,000 - 4 (5.2%)
$10,000-$10,500 - 5 (6.5%)
>$10,500 - 4 (5.2%)
>$20,000 - 6 (7.8%)
Total Voters: 77

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21410158 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. (109 posts by 22 users deleted.)
HairyMaclairy
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October 05, 2019, 01:15:44 AM

The current price of electricity in South Australia is negative $850 per megawatt hour. 

This means for every kilowatt hour of electricity you consume, the power companies will pay you 85 cents at the spot price because they are so desperate to unload electricity from the grid. 

Coal and nuclear power plants will never survive in these new market conditions because they cannot ramp up and down.   Coal plants take days to ramp down, and as we learned from the Chernobyl series, nuclear plants get xenon poisoning and other bad things if they are run too low. 

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October 05, 2019, 01:54:15 AM

The current price of electricity in South Australia is negative $850 per megawatt hour.  

This means for every kilowatt hour of electricity you consume, the power companies will pay you 85 cents at the spot price because they are so desperate to unload electricity from the grid.  

Coal and nuclear power plants will never survive in these new market conditions because they cannot ramp up and down.   Coal plants take days to ramp down, and as we learned from the Chernobyl series, nuclear plants get xenon poisoning and other bad things if they are run too low.  




Funny story...
Back in 2015 I put my  S4 antminer on ebay because the cost of electricity was more than the bitcoin I was mining.
Some dude in Australia bought it and my paypal account was credited.
Only problem was I had to pay shipping, as me being new to ebay selling, I did not realize you have to specify in the ad shipping not included.
Turns out after paying for shipping to Australia ,not only did that eat my selling price,
I had to shell out another $50. IOW, I'm paying some dude in Australia $50 to take my s4 bitcoin miner... Um...are you shitting me?
So of course I refunded him the money thru paypal and emailed him, apologizing that I was cancelling the sale.
He got totally irate and claimed I was a scammer, when in reality I was just an ebay noob, ignorant of the fact of knowing not to sell a miner without specifying shipping not included.
I googled and found out that if you are selling a miner, make sure you specify shipping not included otherwise australian buyers will jump on your ignorance and
call you a scammer in feedback when you cancel sale!  Needless to say, I dont sell on ebay any more.
Icygreen
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October 05, 2019, 01:56:27 AM

BTC mining in Australia
jojo69
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October 05, 2019, 01:58:55 AM

BTC mining in Australia

right?  holy shit man
HairyMaclairy
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October 05, 2019, 02:02:31 AM

The charts may look like shit right now. But if we can hold above $8060 to the close of the week, it will be our first green weekly candle after 3 red candles.

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October 05, 2019, 02:16:29 AM

yes, chart looks bad and the whole 'premature fractal' looks even worse.
In fact, we started 2016-2017 bull run about 9 mo before halving.
Therefore, we are not ahead, but late by two months if you don't consider the move to 13.8K as a true "run".
The best we can count on here is slowly sloping upwards, hopefully exceeding the 200da MA.
If not, we will undergo a 'death cross' in one or two months.

My current thinking is that it is looking very bearish when it "should" have been progressively bullish (in this time zone vs halving)
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October 05, 2019, 02:22:36 AM
Merited by infofront (1)

According to the 2015 fractal, we could run sideways from here to May 2020.  It would be a bit boring but I wouldn’t consider it disastrous. 

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October 05, 2019, 03:04:35 AM

According to the 2015 fractal, we could run sideways from here to May 2020.  It would be a bit boring but I wouldn’t consider it disastrous.  



A flat would be fine, but a quick downdraw to 5900 looks equally possible (numbers are taken from the chart, i am not predicting it).
BTW, from a historic perspective, 2015 (year before halving) had just 34% appreciation.
We started 2019 with about $3961, 34% on the top of this is roughly $5450.
Why I am comparing 2015-2016 with 2019-2020?
Because of the similar position vs halving (2016-July, 2020-end of May, provisionally).
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October 05, 2019, 03:40:37 AM

A guy on a train from London knocking out a man (with his forehead, don't know what that's called in English, we call it a "danish skull") that had been running around the train and threatening people with a knife, among other things

https://youtu.be/omzf9it2hLg
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October 05, 2019, 03:56:07 AM
Last edit: October 05, 2019, 04:29:55 AM by jojo69

smacko

play stupid games...


I wish someone had done that to that nazi motherfucker down in PDX  https://www.nytimes.com/2017/05/27/us/portland-train-attack-muslim-rant.html
nutildah
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October 05, 2019, 04:07:29 AM

A guy on a train from London knocking out a man (with his forehead, don't know what that's called in English, we call it a "danish skull") that had been running around the train and threatening people with a knife, among other things

https://youtu.be/omzf9it2hLg

I guess the term would be "head butt." That guy's got a titanium cranium. Looks like he's practiced that move a few times in the past.
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October 05, 2019, 04:14:32 AM

Glasgow kiss
VB1001
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October 05, 2019, 05:28:52 AM



Quote
Another interesting but more complicated indicator. Useful? Why?

Reserve Risk by @hansthered visualizes HODLers confidence relative to current $BTC. Green zone is an attractive risk/reward where purchases have produced outsized returns over time. https://www.lookintobitcoin.com/charts/reserve-risk/

https://twitter.com/Bitcoin/status/1180219873567182849

https://www.lookintobitcoin.com/charts/reserve-risk/

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October 05, 2019, 05:44:34 AM

The charts may look like shit right now. But if we can hold above $8060 to the close of the week, it will be our first green weekly candle after 3 red candles.



Do you also see what I see?

Earlier I said, this dump looks a bit like the 6k>3k dump.



We are under 200DMA but somehow we still have hope because are hanging there and fighting. Maybe another little dip to 7k, then bounce back, then consolidate a little bit more, then new ATH.
VB1001
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October 05, 2019, 05:49:57 AM

Stock-to-Flow article available in 19 languages:
Quote
Chinese
Croatian
Czech
Dutch
English
French
German
Greek
Indonesian
Italian
Japanese
Korean
Norwegian
Portuguese
Romanian
Russian
Slovenian
Spanish
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Who wants to help with Persian, Hindi, Arabic etc?
https://twitter.com/100trillionUSD/status/1179386497553838080

Modeling Bitcoin's Value with Scarcity

https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

If you want to read the Stock to Flow article in your native language, it is translated into many languages.

Negotiation
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October 05, 2019, 05:50:48 AM

According to the 2015 fractal, we could run sideways from here to May 2020.  It would be a bit boring but I wouldn’t consider it disastrous. 



Few minute ago my friend said that bitcoin now going down around $6000 other hand November last week hit $30000 i'm not understand anyone have idea.
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October 05, 2019, 06:22:37 AM
Last edit: October 05, 2019, 06:48:12 AM by bitcoinPsycho

A guy on a train from London knocking out a man (with his forehead, don't know what that's called in English, we call it a "danish skull") that had been running around the train and threatening people with a knife, among other things

https://youtu.be/omzf9it2hLg
Head butt or nut
VB1001
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October 05, 2019, 07:26:42 AM


https://twitter.com/CryptoWelson/status/1142355065606410240

For those who like adrenaline, some patterns for trading.
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October 05, 2019, 07:48:11 AM

The Greta antidote. Choose English subtitles if it doesn't come om automatically.

I love this guy, he makes a new video every Saturday morning, and they are all usually good.

https://www.youtube.com/watch?v=KUh7KPOSTac
VB1001
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October 05, 2019, 07:48:52 AM





New York Fed extends daily repo operations to November 4

https://www.reuters.com/article/us-usa-fed-repo/new-york-fed-extends-daily-repo-operations-to-november-4-idUSKBN1WJ29L
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