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

[JayJuanGee]

OT: Seriously what the fk are Americans doing over in Beirut anyway? Are they nuts? j/k

https://twitter.com/SVNewsAlerts/status/1290696384472068096

Fireworks accident my ass, That was like a small nuke with a mushroom. Check out that blast wave ring.  

Shitty 2020

147 days to go.....

I wouldn't say 2020 is a shitty year for BTC...

Yes... what can we do exactly?

There are always going to be tragic world events and even macro problems, maybe sometimes worse than other times.

I, personally, am not in a rush to get through my life, and I believe that happens somewhat as you become older - while at the same time, we are witnessing 2020 as a kind of transitional year for bitcoin... it seems to be a kind of confirmation of the bull market status...  similar to what 2016 was a kind of confirmation of the bull pattern and similar to how 2015 and 2019 were very similar to one another, even though they did not exactly rhyme because 2019 and a BIG ASS bump in the middle and 2015 did not have that.

I am almost uncomfortable seeing how much the fractal patterns compare to one another, even though the specifics are a bit different, there surely seems to be some inability for the patterns of a lot of human behavior, adoption, network effects developing and expanding out to end up falling into a kind of in-the-ballpark range - sort of what PlanB's stock to flow model anticipates ends up playing into reality.

Who woulda thunk?

am willing to find out

Quite impressive.

I mean, 191 frames GIF under 1 meg!

What kind of technological sorcery is this?

Almost as incredible in fitting 2500 bitcoin transactions within a 4MB block weight!

Bitcoin has been amazing like that.  You should get a little, in case it catches on.   

[1634615198]

1634615198

[1634615198]

1634615198

[d_eddie]

Nibbling at 12k from below. I've got a good feeling for the weekend.

[LFC_Bitcoin]

Nibbling at 12k from below. I've got a good feeling for the weekend.

$13,000 by the end of the week? What odds are you giving me on that, hey?

[cAPSLOCK]

I am now running my own block explorer that explores my own node.

Feel free to use it if you like.

That is pretty awesome, did you do it all by yourself or is there a guide or something?

I'd love to brag, but it's just an optional bit of kit included with the Raspiblitz.

https://github.com/rootzoll/raspiblitz

Bitcoin nodes are pretty easy to set up though, and so is this block explorer... lightning is a little trickier still.  I have done both from scratch.  Getting lightning running the first time was one of the fiddlier things I have ever set up. I find Raspiblitz to be a pretty solid project.

[cAPSLOCK]

am willing to find out

Quite impressive.

I mean, 191 frames GIF under 1 meg!

What kind of technological sorcery is this?

Almost as incredible in fitting 2500 bitcoin transactions within a 4MB block weight!

edit -... hmm you have to imagine thatsbait.gif

[d_eddie]

$13,000 by the end of the week? What odds are you giving me on that, hey?

13k are quite possible IMHO. I'd say ~35% likely. For JJG, I'd say 35.10332%

But I actually care more about a good rock-solid 12k than a flimsy 13k. Slow and steady wins the race

[Indymoney]

Nibbling at 12k from below. I've got a good feeling for the weekend.

$13,000 by the end of the week? What odds are you giving me on that, hey?

No odds for this but I am also feeling we are going to touch $12K for this weekend because now we are doing some good in last few weeks.

[JayJuanGee]

Dec 9th 2021 $261k

bit rude 

lemme see it then. yours

$261,000

Just imagine, wow.

You are not going to be a bit pissed off LFC because you had sold 75%-ish of your stash at around the $75k blow-off top fake out that might come around September/October-ish 2021?  because remember you were planning to buy back lower?  would you second guess that selling 75% might be a bit much at those lower prices, even though it will both bring you a lot of pleasure and it will lock in a lot of profits.. but then you end up missing another 3.5x?  Sure your 25% is still riding, so you would not have missed out everything, even though you are feeling pretty rich as fuck with your 75% cashing out.

[JSRAW]

Dec 9th 2021 $261k

And what can we buy for $1?? Turkish Lira lost so much in just one month and others will follow.

The new Ottoman Sultan has your all info now.

[LFC_Bitcoin]

Dec 9th 2021 $261k

bit rude 

lemme see it then. yours

$261,000

Just imagine, wow.

You are not going to be a bit pissed off LFC because you had sold 75%-ish of your stash at around the $75k blow-off top fake out that might come around September/October-ish 2021?  because remember you were planning to buy back lower?  would you second guess that selling 75% might be a bit much at those lower prices, even though it will both bring you a lot of pleasure and it will lock in a lot of profits.. but then you end up missing another 3.5x?  Sure your 25% is still riding, so you would not have missed out everything, even though you are feeling pretty rich as fuck with your 75% cashing out.

JJG, I’ll be 35 by the time the supposed parabolic rise starts. I’d be more angry at myself for selling nothing at around $70,000 if we collapsed from there than I would be if I sold 75% before we get to $100,000 only to see us touch something ridiculously high like $200,000.

I took nothing during the last bull & these 4-5 years have been tough. I refuse to sit through another cycle without taking big money out.

[d_eddie]

I am now running my own block explorer that explores my own node.

Feel free to use it if you like.

That is pretty awesome, did you do it all by yourself or is there a guide or something?

I'd love to brag, but it's just an optional bit of kit included with the Raspiblitz.

https://github.com/rootzoll/raspiblitz

Bitcoin nodes are pretty easy to set up though, and so is this block explorer... lightning is a little trickier still.  I have done both from scratch.  Getting lightning running the first time was one of the fiddlier things I have ever set up. I find Raspiblitz to be a pretty solid project.

I've had a node running on plain Ubuntu desktop for years already. I tried to set up a lightning node, but it was a complicated business, so I gave it up until easier setup packages would become available. I've also had a node running on a PI3 - no external hard drive, just a USB stick - but as you can imagine mass storage size/speed was an insurmountable issue. I guess the PI4 is quite different. Can you tell us more about your experience - I mean additional storage, software setup tips etc.?

[JayJuanGee]

Fireworks accident my ass, That was like a small nuke with a mushroom. Check out that blast wave ring.  

Even the smallest nuke would give off a blindingly bright white flash when exploding. Also you would think some putz with a geiger counter would have uploaded his radiation findings on youtube by now...

Nah its definitely fireworks. Theres a video of some guy (dead now) who decided to stream a video of the building like 20 meters away. You could hear and see the fireworks going off inside the building.

The big explosion was probably huge stacks of nitrates detonating. This is why firework companies keep their nitrates in different buildings, further away.

Hahahaha

If you had happened to be in the area when the building started burning, and all that you had were your two legs for transportation, then you would likely could have gotten a mile away within less than 20 minutes (if you were so out of shape that you could only walk), but just getting 5 football fields away might have been enough, if you were able to take cover (or lie flat on the ground in the middle of a park/or the other side of a building that did not end up falling down) at the time of the explosion, perhaps?

[sirazimuth]

things heating up big time. I think BTC will hit ATH this month, before correction until Oct-November....
(snip...shitcoinery

....)

Jay’s gonna give you a wuppin for that.
You must be new here....

[julian071]

I don't know why exactly but I find it a thing of beauty how BTC hovers around 10k euro. Maybe because I know it should be so short lived and will result in a violent reaction either up or down.

[d_eddie]

JJG, I’ll be 35 by the time the supposed parabolic rise starts. I’d be more angry at myself for selling nothing at around $70,000 if we collapsed from there than I would be if I sold 75% before we get to $100,000 only to see us touch something ridiculously high like $200,000.

I took nothing during the last bull & these 4-5 years have been tough. I refuse to sit through another cycle without taking big money out.

You got a point here. It's all about balancing Donald Duck and Gollum.

[Icygreen]

OT: Seriously what the fk are Americans doing over in Beirut anyway? Are they nuts? j/k

https://twitter.com/SVNewsAlerts/status/1290696384472068096

Fireworks accident my ass, That was like a small nuke with a mushroom. Check out that blast wave ring.  

Dude. Very few explosions mankind humankind has yet devised are more brissant than ANFO.

Perhaps you're right and it was indeed ammonium nitrate. My point was more that there's a high level of skepticism in 'how it happened and why' rather than what was used. It certainly looks controlled as a single blast.  Surely the timing and location of such a critical blow is suspicious.  

[kurious]

https://en.wikipedia.org/wiki/Ammonium_nitrate_disaster

List of previous disasters is instructive.

[JSRAW]

Wiki asking for donation...

[AlcoHoDL]

Wiki asking for donation...

Tell them "Donate your mother if you want donate!"

Edit: This was meant for the lulz! Actually I do like Wikipedia, IIRC I've even donated some money to them (a long time ago). Not sure if they have a hidden agenda and all that conspiracy theory stuff, but I do enjoy their articles. In science/technology subjects (which I'm mostly interested in) they are OK.

[Torque]

OT: Seriously what the fk are Americans doing over in Beirut anyway? Are they nuts? j/k

https://twitter.com/SVNewsAlerts/status/1290696384472068096

Fireworks accident my ass, That was like a small nuke with a mushroom. Check out that blast wave ring.  

Dude. Very few explosions mankind humankind has yet devised are more brissant than ANFO.

Perhaps you're right and it was indeed ammonium nitrate. My point was more that there's a high level of skepticism in 'how it happened and why' rather than what was used. It certainly looks controlled as a single blast.  Surely the timing and location of such a critical blow is suspicious.  

https://www.yahoo.com/lifestyle/bride-groom-survived-beirut-explosion-wedding-day-213432157.html

That shockwave blast, sheesh. Feel bad for this couple on their wedding day. Definitely something they'll remember forever.