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Question: Next Bubble Top (resulting in a new ATH):
Will never reach a new ATH - 7 (6.4%)
$20,000-$49,999 - 22 (20.2%)
$50,000-$99,999 - 27 (24.8%)
$100,000-$149,999 - 22 (20.2%)
$150,000-$199,999 - 9 (8.3%)
$200,000-$249,999 - 6 (5.5%)
$250,000-$299,999 - 2 (1.8%)
$300,000-$350,000 - 1 (0.9%)
>$350,000 - 13 (11.9%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21504695 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. (138 posts by 32 users deleted.)
BitcoinGirl.Club
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December 07, 2019, 04:19:33 PM

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$100,000 BTC in one hour🍄💊


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December 07, 2019, 04:20:04 PM

One plus one is two, so what is going on if you write two as 10? (One warning here. Read 10 as one-zero not ten. It's not ten, it's two but written one-zero.) One place that the number two is written 10 is in base 2 arithmetic. I want to say something about base 10 arithmetic first.

In base 10 arithmetic we have ten symbols for digits. They are 0,1,2,3,4,5,6,7,8, and 9. We write the counting numbers using these symbols.

NumberBase ten representationzero0one1two2three3.
.
..
.
.nine9

At this point we run out of digits and the solution is to place the smallest non-zero digit in the second column and start again with 0 in the first column

NumberBase ten representationzero0one1two2three3.
.
..
.
.nine9ten10eleven11twelve12.
.
..
.
.

If you are working in base two you only have two symbols for digits, 0 and 1. Thus if you start to write the counting numbers you run out of symbols much earlier

NumberBase two representationzero0one1
The solution is the same as it was for the base ten representation, place the smallest non-zero digit in the second column and start again with 0 in the first column

NumberBase two representationzero0one1two10three11
Again you have run out of digits, (In base 10 this happens at ninty-nine.) so place a 1 in the next column and continue

NumberBase two representationzero0one1two10three11four100five101six110.
.
..
.
.

Ok now I understand
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December 07, 2019, 04:29:33 PM

1+1=11  OPTIMISM

In base 1 that doesn't seem optimistic.
El duderino_
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December 07, 2019, 04:32:55 PM
Merited by ivomm (1), fillippone (1), VB1001 (1)

Halving isn't priced in
Neither is adoption growth
https://twitter.com/alistairmilne/status/1203015693383454721?s=20



amount of BTC has hit an all-time high at 28.39M addresses, surpassing the previous ATH of 28.38M (achieved on 1/10/18). (Data via
@coinmetrics
 Pro)

Short thread 👇🏼



https://twitter.com/intangiblecoins/status/1202950870939422720?s=20


2/8 This metric (“addresses w/ any balance”) is one of the best proxies we have to approximate the total number of individual bitcoin users, but it has limitations.
https://twitter.com/intangiblecoins/status/1202950872986243072?s=20

3/8 On one hand, one address can hold many UTXOs, one wallet can hold many addresses, and one user can have many wallets. Indeed, the best practice is to create a new address for every transaction. (Satoshi suggested this in the white paper).


https://twitter.com/intangiblecoins/status/1202950878451445760?s=20

4/8 Thus, the “addresses w/ any balance” metric may overcount the total number of individual bitcoin users because many addresses can be associated with one individual.
https://twitter.com/intangiblecoins/status/1202950880334635020?s=20

5/8 On the other hand, many users keep their coin w/ custodians and exchanges, which may use single omnibus addresses to hold customer funds. In these cases, one address may actually represent many users, causing this metric to possibly undercount the total # of bitcoin users.
https://twitter.com/intangiblecoins/status/1202950881588719618?s=20

6/8 These two factors play against each other, and it’s extremely difficult, if not impossible, to determine the extent to which they offset each other.
https://twitter.com/intangiblecoins/status/1202950882880606208?s=20

7/8 On balance, due to the large number of individuals who hold their funds on exchanges, we view this metric as likely undercounting the total number of bitcoin users.
https://twitter.com/intangiblecoins/status/1202950884239511552?s=20

8/8 In sum, while not perfect, the “addresses w/ any balance” metric is one of the best on-chain metrics we have for approximating the total number of bitcoin users, and its increase over time can be be viewed as an indicator of growing bitcoin adoption.
https://twitter.com/intangiblecoins/status/1202950885581692929?s=20


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December 07, 2019, 04:46:20 PM



Mic> ThreeLegendary
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December 07, 2019, 04:50:02 PM

The Goose is a beast.
El duderino_
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December 07, 2019, 05:04:05 PM



Mic> ThreeLegendary

https://bitcointalk.org/index.php?topic=5171113.msg53284815#msg53284815

 Shocked Cheesy
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December 07, 2019, 05:04:58 PM
Merited by El duderino_ (4), vapourminer (1), BayAreaCoins (1), infofront (1)

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December 07, 2019, 05:17:39 PM

maybe Kucoin has their own vested intenrest in feeding the tether fud.  

Precisely.  It's all whale games.

Give this man a new hat. 
https://bitcointalk.org/index.php?topic=178336.msg46912451#msg46912451

maybe Kucoin has their own vested intenrest in feeding the tether fud.  

Precisely.  It's all whale games.

Give this man a new hat. 

wich one, i got a few hat's.


https://bitcointalk.org/index.php?topic=178336.msg46912906#msg46912906

Where did you get the hats Mic?
https://bitcointalk.org/index.php?topic=178336.msg46913597#msg46913597

Where did you get the hats Mic?

Bought them in Mallorca and barca....

BUT ONLINE

https://store.goorin.com/mens-hats/featured/top-sellers

Goorin brothers hats .....
https://bitcointalk.org/index.php?topic=178336.msg46913785#msg46913785

maybe Kucoin has their own vested intenrest in feeding the tether fud.  

Precisely.  It's all whale games.

Give this man a new hat.  

 


edit:


Edit: trying to post from my phone... sorry no proper image tools

Good good .... Then for once you can’t outperform all the rest Grin

 I'm home Wink

https://bitcointalk.org/index.php?topic=178336.msg46916490#msg46916490

maybe Kucoin has their own vested intenrest in feeding the tether fud. 

Precisely.  It's all whale games.

Give this man a new hat. 

 


edit:


Edit: trying to post from my phone... sorry no proper image tools

Good good .... Then for once you can’t outperform all the rest Grin

 I'm home Wink


haha noticed immediately Grin   nice what you've done with that hat btw  Grin
https://bitcointalk.org/index.php?topic=178336.msg46920217#msg46920217

Goosse !!!

Here begins the story of the hats?
This is the whole story or do you want to add more details?

Tell me more.
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December 07, 2019, 05:22:12 PM



Wow! A Model S and a Cybertruck in the same pic just outside a Tesla Store!
What the chance!?
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December 07, 2019, 05:27:27 PM



Mic> ThreeLegendary



WO brand.

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December 07, 2019, 05:27:40 PM


...

4/8 Thus, the “addresses w/ any balance” metric may overcount the total number of individual bitcoin users because many addresses can be associated with one individual.
https://twitter.com/intangiblecoins/status/1202950880334635020?s=20

5/8 On the other hand, many users keep their coin w/ custodians and exchanges, which may use single omnibus addresses to hold customer funds. In these cases, one address may actually represent many users, causing this metric to possibly undercount the total # of bitcoin users.
https://twitter.com/intangiblecoins/status/1202950881588719618?s=20

6/8 These two factors play against each other, and it’s extremely difficult, if not impossible, to determine the extent to which they offset each other.
https://twitter.com/intangiblecoins/status/1202950882880606208?s=20


I think it is safe to say that BTC owner is someone who owns the keys. At the moment  such person deposits ALL his BTC's on an exchange, he delivers the possesion to the exchange. Whether he sells them immediately or waits for better price does not make him BTC owner anymore. And if someone buys BTC's but keeps them on an exchange he is also not an owner. These people are traders who don't care what they trade, only care for the profit. Therefore, the number of BTC owners (real investors) is less than 28 mil. Provided that almost everyone has at least 2 addresses (and some more than 10), the real number is much smaller, probably below 14 mil. Compared with the Earth population and the 3 mil BTC's left to be mined, it is clear that the mass adoption has only just begun.
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December 07, 2019, 05:39:21 PM



Wow! A Model S and a Cybertruck in the same pic just outside a Tesla Store!
What the chance!?

If that's the production model cybertruck I ain't getting one.
Pretty sure that's someone pranking Tesla
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December 07, 2019, 05:42:34 PM
Merited by VB1001 (5)

Here begins the story of the hats?
This is the whole story or do you want to add more details?

Tell me more.
we were talking about hats earlier in the morning, which is why Hairy gives out a hat later in the day
i'd say it started here, but then i would. note rosewater's participation at that time( - miss him Roll Eyes)
https://bitcointalk.org/index.php?topic=178336.msg46903843#msg46903843
https://bitcointalk.org/index.php?topic=178336.msg46908482#msg46908482
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December 07, 2019, 05:44:25 PM

11 = 3

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December 07, 2019, 05:47:13 PM

I finally figured!
1 + 1 = WO 🤪
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December 07, 2019, 05:59:36 PM

Toxic2040 has also not been online for a long time (30 September 2019), I hope everything is fine.
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December 07, 2019, 06:00:13 PM

Speaking of red trust here's one for the current WO turd fire.

Peter McCormack calling Richard Heart a scammer for Hex on his podcast. LOL
Richards knows it and can't even put on a poker face.
2 minute clip
https://twitter.com/american_hodl/status/1203093972312190976?s=19

Anyone familiar with some of my earlier posts, likely realizes that I am no fan of richard heart, so for sure I agree with Peter's overall assessment that Heart is a scammer, but jeez, I am not sure if their short conversation reflected worse upon Heart or worse upon Peter.  Sure, Peter said that he had not done any preparation for the conversation, and largely Richard had invited Peter to discuss the matter of the scam Hex project, and Peter said that he had done absolutely no preparations and had only intended to come on to the live feed and just call Richard a scammer.  That was Peter's intent, and he did not intend to back anything up beyond that.

Surely, Richard is decently good at debating in terms of doing his homework (or at least having prepared several talking points that attempt to cause him to appear to be way the fuck more objective than he really is), and the 2-minute clip did cause me to go and look at the original longer interview, which is the full discussion between Richard and Peter, that lasts about 20 minutes.  That full YouTube video is linked through Richard Heart's page or something like that, if I recall correctly.

When looking at the full video, after Peter is no longer on the call, Richard continues with his live stream and attempts to contextualize and clarify the interaction with Peter... in which Peter is just calling Richard a scammer over and over and over with little to no further substance.  

I was partly drawn into Richard's further monologue following the discussion with Peter because I wanted to see how Richard was going to continue to contextualize their conversation and then go onto recovering from the earlier discussion.
 There is some ease in which Richard was able to do that because Peter did not give many difficult reasonings or background to back up his overly asserted repeated conclusions that Richard is a scammer.  

The whole stream of Richard's longer monologue that followed his discussion with Peter is something like 2.5 hours, and I was lulled a bit into watching and listening to Richard's nonsensical monologue for a bit over an hour and a half before I could not take it any longer.  

It is like self-abuse, I suppose, to tolerate listening to that guy and his various spinning efforts which ends up devolving into many times proclaiming regarding how wonderful HEX is and how it is nearly guaranteed to make you rich (even though there are no guarantees)... oh fuck, gawd, give me back my wasted time listening to his nonsense... but o.k.... I am a glutten for punishment, sometimes... or caught me in the right mood to tolerate or something?
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December 07, 2019, 06:03:52 PM


On-chain momentum is crossing into bullish!

https://twitter.com/woonomic/status/1203280379479830528


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December 07, 2019, 06:08:52 PM



Wow! A Model S and a Cybertruck in the same pic just outside a Tesla Store!
What the chance!?

Rotflmao 😂 cardboard panels with duck tape and spray paint! Dang we can all have one... love it

Word on the street is it’s the bargain boyz
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