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

[BobLawblaw]

Nice one.
I am a massive gay!

Hello there. I, too, am a massive gay!

Nice to meet you.

[philipma1957]

Nice one.
I am a massive gay!

Hello there. I, too, am a massive gay!

Nice to meet you.

I am an average Heterosexual.

Boring as it is.

[smartcomet]

Venus Might Host Life, New Discovery Suggests
The unexpected atmospheric detection of phosphine, a smelly gas made by microbes on Earth, could spark a revolution in astrobiology

[Toxic2040]

the evening wall report

#dyor
4h


D

#stronghands

[HI-TEC99]

Venus Might Host Life, New Discovery Suggests
The unexpected atmospheric detection of phosphine, a smelly gas made by microbes on Earth, could spark a revolution in astrobiology

Aliens smell like farts.

https://www.popularmechanics.com/space/deep-space/a29932234/what-would-aliens-smell-like/

...Which led my son to one inescapable conclusion: If aliens exist, they probably smell like farts.

I don’t know enough about farts, Mars, or aliens to refute him, so I reached out to somebody who does: Clara Sousa-Silva, a molecular astrophysics postdoctoral associate at MIT.

“Your son is absolutely correct in his inference,” she told me. “Most of my work in astrobiology looks at anaerobic environments, which have a lot in common with the environments that produce farts. So, yes, aliens are reasonably likely to smell like farts.”

[JayJuanGee]

$11200 incoming. today? now?

You blew it for us, man.

Can't rush these things. Gotta let 'em organically happen.

Next 24 hours, blah etc penis.

Yes @BobLawblaw accurately don't go rush but definitely $11200 incoming next few days.

How can you know beyond 50-60% estimations, at best?  Unless you are a pretty BIG whale, and even whales might not really be able to know with a lot of certainty - except knowing that they have x number of bitcoins and y amount of cash strategically placed in various locations where x might be in the arena of 10k to 30k coins and y might be similar equivalents in cash such as $100million to $400million.**

**Would my hypothetical numbers be enough to constitute a whale?  Maybe a small sized one?  or a bare minimum entry-level whale?  I hypothesize that if a baby whale strategically places some value, then such whale could get the BTC price to move with relatively low amounts of liquidity - but being able to sustain any kind of BTC price movement probably takes quite a bit more than baby whale levels of value.. maybe 10x more value than my hypothetical entry-level whale?  

[JayJuanGee]

Chaum did go way off the rails with his previous shitcoin, elixir or something. This would need to be whole rafts better, and it's low on my todo list.

I did listen to that Laura Shin interview between Chaum and Back (that you linked in your earlier post, V8) about a month ago when it first came out, and surely Chaum comes off as a bit disgruntled, self-absorbed and just emotionally unstable - maybe in spite of some of his prior contributions to cryptography, he just seems to want to get way the fuck more credit than he likely deserves (not saying that I even understand half the shit, but still - lack of graciousness can sometimes be a bit irritating and draining).

I recall even parts of the interview that Chaum was going to get off the interview because he did not feel that he was being treated fairly... blah blah blah.. and then he stayed on because both shin and back stayed sufficiently non confrontational and even giving chaum credit from time to time..

And, yeah, Chaum has turned into a bit of a shitcoiner, fails and refuses to give bitcoin proper credit, and I don't even know if Chaum is merely biased by his other projects or he just fails and refuses to even attempt to be a team player, unless he is getting the amount of credit that he feels that he needs (which is likely more than he deserves - surely not a humble bumble.. even though, granted, he likely continues to be pretty smart about a lot of the technical underpinnings to the extent that he attempts to listen to anyone else).

Based on my parental settings, my router blocked it as porn. 

unusual behavior, my security setting send all porn to my 1,700 tb raid 10 array and then AI tries to sort them into redheads, blonds, number of persons, how many are upside down and other such important parameters.

purely for convince convenience its so hard to search that stuff nowadays.

FTFY

Surely, vapourminer, you are my kind of they.^tm   

[OROBTC]

https://twitter.com/JamesGRickards/status/1306055964211191814?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1306055964211191814%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftheconservativetreehouse.com%2F2020%2F09%2F15%2Fwow-chinese-virologist-dr-li-meng-yan-blows-whistle-on-china-manufacturing-covid-19%2F

 

[explorer]

https://twitter.com/JamesGRickards/status/1306055964211191814?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1306055964211191814%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Ftheconservativetreehouse.com%2F2020%2F09%2F15%2Fwow-chinese-virologist-dr-li-meng-yan-blows-whistle-on-china-manufacturing-covid-19%2F

 

That's great, but a trust fund full of fluffy paper is worth less every day.  Circus.

[JayJuanGee]

MicroStrategy did it again. they bought another 14k btc for $175mil.

they own 38250 btc now.

Michael Saylor is savage.

https://twitter.com/michael_saylor/status/1305850568531947520?s=21

My only question is why did they wait this long? Why weren't they buying this amount of bitcoin at a fraction of today's price back in 2013? Surely they knew about it then, they are an IT company.

Yeah, my thoughts exactly.

At one time you could have those coins for the price of 8 pizzas, and have a piece left for next morning...

Better late than never, though. Also applies to many of us, unfortunately.

It does seem a bit much, and perhaps sudden, but Saylor did seem  to have a change of heart (and thinking) over the years, and probably the money printer go bbbbbrrrrrr response to the virus had a pretty BIG impact on his thinking - but yeah, you would have thought that he would have figured it out sooner.

Also, even if Saylor may have been investing some of his personal assets in bitcoin on a more moderate and earlier basis, there may have been some reservations in terms of getting the company on board and making sure that the major investors were on board with such a bold approach, including a bold accompanying statement that went along with the first purchase in August.

[El duderino_]

S2F version 1 update. This is the 2019 time series model on historical BTC data only (no gold, silver, diamonds, real estate data used). You see the jump in model value at the halving (white line) and corresponding drop in S2F multiple / model error (white dots). Time to go up.

https://twitter.com/100trillionusd/status/1305417666874806272?s=21

[Phil_S]

Bitcoiners have less to fear from boating accidents, and more to fear from getting hacked.  It is scary that your Microsoft Windows® machine is just one careless e-mail attachment click away from scrambling all of your data, and sending all of your money to heinous criminals who know how to make money disappear.  Don’t you wish that you had bought a hardware wallet?  Such grief!

Microsoft Windows machine can be perfectly safe. Let's say it's dedicated to run your full node and nothing else.

What hackers can do in such situation?

What e-mail attachments, when you don't have an e-mail client on that machine?

You never launch a browser on that machine. Not once. So no phishing links.

Full node is the only thing that's running, and nothing else. And not as Administrator, of course.




No, the real problem is keeping your stash in one place, no backup copies (out of pure lazyness). Until one day BAM you lost it.

[El duderino_]

Dip dip dip dip dip
Side side side side side side side
All time high in sight

[JSRAW]

WO Recap without any bias...

-Arrie ancestor's selfie - Boner alert  -   No homo
-savetherainforest " "F^ck you statsu" does not exist."
-Dunkelheit667 's montly update
-AlcoHoDL increased his BTC stash, Bob paid his mortgage and LFC lived like an king for 12 months by dumping BSV-BCH
-Lucius "mini dump - let’s just say Bithumb again"
-BTC maximalist etc etc
-Poor Mindrust still taking punches.
-Hairy still missing
-Jojo is in lurking and meme mode only
-About JJG well...
-Defi, eth, erc20 blah blah
-proudhon "Proven by science and maths."
-BTC crashed
-SwayStar123 needed some attention, s/he got some.
-nutildah "Merit Consent Form" -this is good-
-Lambie bambie is alive.
-gappie deserve a Hat.
-JJG going off topic - keywords; Dip, Stack, DCA, Buy order, But, If, likely-
-ivomm "Rusty pipe for trolls"
-Jimbo "Good morning and observing X-amount USD/CAD"
-Discussion on usage of "They or S/He" for random person.
-nullius joins the JJG as wordyman
-JJG trying to decode nullius's posting pattern
-Pasteurize or raw milk? Raw milk
-Beartards posting
-Defi Defi Defi Defi
-v8's commentary on current affairs. -All hail to Mughalistan -
-Bob unignoring everyone, except JJG
-v8 and bob (Secret group controversy)
-Haiku day
-Sushi (defi) lol
-Covid 19 discussion, China etc etc
-Cryptotourist talking about skull fuck or something. -His pee pee getting hard for swaystar-
-Off topic
-Nullius deserve a day but JJG vetoed the petition -Jealous bot-
-Husband-wife, male-female, political correctness. Yada yada yada
-proudhon trolling
-JJG-nullius going off-topic.
-No new Pee-stunt from the dude.
-Slap yourself if you sold the bottom, again!
-philipma1957 joins the JJG-nullius's nexus
-AlcoHoDL if possible post this in B&H too. -
-swaystar " I demand respect, period"
-New hero arrived tourist the merit whore - Congrats-
-Toxic still posting charts and +1, +2 but not sending one..
-Price speculation
-Haiku day! Bob aka hindu cow seems calm. AlcoHoDL's haiku takes the cake.
-Arrie "STOP DELETING THE HISTORY OF THIS THREAD!!"

[aesma]

Observing almost 11000$

[ivomm]

Bakkt Tuesday's numbers: Volume: 17 745 BTC ($192.84 million, +61%)  (New ATH)

https://twitter.com/BakktBot/status/1306115788995260424

Remember the dissapointment of the first day with volume of several bitcoins? Well, this escalated quite fast to the levels of the biggest exchanges! And this is still unnoticed among the other 'hot' news about defi and microshares. Defi is having currently around 100 000BTC locked into smart contracts and rising of course. More and more serious investors and companies are accumulating bitcoins causing a shortage on the spot exchanges. Good times are coming and the bears know it! Of course they will fight desperately between 10K and 20K to be able to buy cheap coins as long as possible. But when the ATH is breached, the real FOMO will start. Then the SEC morons like Jay Clayton will realise that invetstors do not need their approval to invest in Bitcoin. The obstacles they've built are not applied for Bitcoin. Peeps like Clayton and Mnuchin are bastards of the fiat adultery, while we are the true heirs of the only asset that will survive and get stronger with time.

So, are there any knife catchers left trying to gain from 5 min 1-2% drops? They must be completely blinded and not being able to see the big picture. It is funny how such plankton is coming here to boast with a leverage short profit. It is like a child boasting with his 2+2=4 calculation to a professor who invented a new branch in math. I don't know to laugh or to pity such n00bs. Especially, considering that 90% of the Binance trades are of sums below 0.01 BTC. And even if they make a profit on the first trade, the second will  be a loss to devour both their profit and their investment. Patetik and Haaalerius!

[vapourminer]

Bitcoiners have less to fear from boating accidents, and more to fear from getting hacked.  It is scary that your Microsoft Windows® machine is just one careless e-mail attachment click away from scrambling all of your data, and sending all of your money to heinous criminals who know how to make money disappear.  Don’t you wish that you had bought a hardware wallet?  Such grief!

while i agree windows is the biggest OS for hackers to target, i have to say ive been running my original wallet.dat on core in a 24/7/365 on internet connected windows machine since 2011. no issues. no clipboard hijacks. no virii. no malware. one hardware failure but a quick replacement drive and a restore from backup to the new drive was all it took.

to be fair, i did transfer the bulk onto paper wallets when they came out (2013 maybe?) then to trezor (2014 maybe?) however there has always been a small balance on that daily driver with the wallet, and its been transferred to a few machines during upgrades/rebuilds during that time. its still on this one as i type. small amounts, mainly for mining payouts and such and quick transfers to merchants and such

just keep it patched, use decent antivirus (but dont depend on AV to save your ass, just another layer of security, REAL security depends on the user) and dont be stupid, ie practice good internet hygiene.

oh and BACKUPS. and then TEST those backups.

that being said, hardware wallets and paper wallets, airgapped (as in real airgapped as just "mostly airgapped"  doesnt count) computers rule though. i certainly dont advocate hot wallets on windows.

[Phil_S]

This is actually what matters. Energy spent and not hash power as so many take as main metric of how secure bitcoin network is. Hash power keep increasing because better and better ASIC miners gets built. But if energy put into securing Bitcoin network stays same that means that no matter how high hash power will go the network is same secure as before.

This is only true if the same technology is available to all the players.

https://techcrunch.com/2020/09/15/ibm-publishes-its-quantum-roadmap-says-it-will-have-a-1000-qubit-machine-in-2023/

Bitcoin ded in 3 years!

I don't get quantum computers. Why build one? What's the point?
They only talk about destructive purpuses: "with a quantum computer we can break this or that".
If it's only useful as a doomsday device, then stop trying to make one, dammit!

[LFC_Bitcoin]

Bakkt Tuesday's numbers: Volume: 17 745 BTC ($192.84 million, +61%)  (New ATH)

https://twitter.com/BakktBot/status/1306115788995260424

Remember the dissapointment of the first day with volume of several bitcoins? Well, this escalated quite fast to the levels of the biggest exchanges! And this is still unnoticed among the other 'hot' news about defi and microshares. Defi is having currently around 100 000BTC locked into smart contracts and rising of course. More and more serious investors and companies are accumulating bitcoins causing a shortage on the spot exchanges. Good times are coming and the bears know it! Of course they will fight desperately between 10K and 20K to be able to buy cheap coins as long as possible. But when the ATH is breached, the real FOMO will start. Then the SEC morons like Jay Clayton will realise that invetstors do not need their approval to invest in Bitcoin. The obstacles they've built are not applied for Bitcoin. Peeps like Clayton and Mnuchin are bastards of the fiat adultery, while we are the true heirs of the only asset that will survive and get stronger with time.

So, are there any knife catchers left trying to gain from 5 min 1-2% drops? They must be completely blinded and not being able to see the big picture. It is funny how such plankton is coming here to boast with a leverage short profit. It is like a child boasting with his 2+2=4 calculation to a professor who invented a new branch in math. I don't know to laugh or to pity such n00bs. Especially, considering that 90% of the Binance trades are of sums below 0.01 BTC. And even if they make a profit on the first trade, the second will  be a loss to devour both their profit and their investment. Patetik and Haaalerius!

Best post I’ve seen in days, love it. The bold bit really made me genuinely laugh, it reminds me of this -

Humpback Whale = 5000 BTC or more
Whale = 1000 - 5000 BTC
Shark = 500 - 1000 BTC
Dolphin = 100 - 500 BTC
Fish = 50 - 100 BTC
Octopus = 10 - 50 BTC
Crab = 1 - 10 BTC
Shrimp = less then 1 BTC
https://www.deeponion.org/community/threads/what-kind-of-bitcoin-holder-are-you.9129/%3famp=1510623395




Where my shrimps at?

Edit - Working link (thanks to JJG) - https://deeponion.org/community/threads/what-kind-of-bitcoin-holder-are-you.9129/

[Indymoney]

Big transfers happening