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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3.1%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.6%)
$11,500-$12,000 - 5 (7.7%)
$12,000-$12,500 - 16 (24.6%)
$12,500-$13,000 - 12 (18.5%)
$13,000-$13,500 - 7 (10.8%)
$13,500-$14,000 - 5 (7.7%)
>$14,000 - 14 (21.5%)
Total Voters: 65

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23377209 times)
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aesma
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August 19, 2020, 03:43:38 PM

6400$ would be nice to fill my bags !
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August 19, 2020, 03:46:03 PM

Dream on aesma... ;-)


@JJG I'm sure he was JOKING! Only joking!  Tongue


I wouldn't mind some serious dip to fill my bags either, but my SOMA analysis says now it's not that time. And small print is very bad for our eyes.
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August 19, 2020, 03:46:18 PM

someone's been on the strong fromage  Roll Eyes
not happening mon frere
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no FOMO


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August 19, 2020, 03:49:51 PM

https://www.youtube.com/watch?v=Hz1JWzyvv8A
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August 19, 2020, 03:50:00 PM
Merited by El duderino_ (2)

So, retest some shitty low level like 10.3k ?

why u say such things?   Angry

its wednesday as you know..this means its probably your fault     Tongue


go for the neck
1h


4h

#stronkhands
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August 19, 2020, 03:58:11 PM


Dabs
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August 19, 2020, 04:00:18 PM
Merited by aesma (2)

Not easy, but for that amount I can take several hours a day to achieve it.

When new spots are opened in the campaign, feel free to apply - but if you want to have some chances, work on your posts - because that's the most important thing (at least in my opinion) that the campaign manager looks at. Nothing is impossible, only if you want it hard enough Wink

CM is quite picky. He has to be. What you should do is pretend like you are already in the campaign, and post everywhere else but WO thread, as this thread is not counted. Do that for a couple of weeks or longer, then send an application. 50 posts per weeks is about 7 or 8 per day. You should space it out the whole day too, like post once every hour, at normal "working" time.

Or just look at the spreadsheet and look at the other participants in the campaign, and do what they do, in terms of posting frequency, and where they post. I'm almost sure you can just grab a few, and reply to whatever thread they are in with a full sentence or paragraph, and that should be considered okay.
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August 19, 2020, 04:07:25 PM


#buybitcoin
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August 19, 2020, 04:16:58 PM



CM is quite picky. He has to be. What you should do is pretend like you are already in the campaign, and post everywhere else but WO thread, as this thread is not counted. Do that for a couple of weeks or longer, then send an application. 50 posts per weeks is about 7 or 8 per day. You should space it out the whole day too, like post once every hour, at normal "working" time.

Or just look at the spreadsheet and look at the other participants in the campaign, and do what they do, in terms of posting frequency, and where they post. I'm almost sure you can just grab a few, and reply to whatever thread they are in with a full sentence or paragraph, and that should be considered okay.


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August 19, 2020, 04:22:22 PM
Merited by El duderino_ (4), Torque (2), OROBTC (2)

https://twitter.com/DennisReimann/status/1295746340333539329?s=20



"The Sovereign Individual" 1997
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August 19, 2020, 04:31:34 PM
Last edit: August 19, 2020, 04:55:04 PM by philipma1957
Merited by BobLawblaw (10), El duderino_ (6), Globb0 (5), criptix (5), infofront (2), vapourminer (1), Biodom (1), JayJuanGee (1)

[...]
I have found a few daily diff drops like this can act as a price drag. So if these downward block days stretch out for 3-5 days there will be downward price pressure.


The hashrate drops (supposedly because of the current floods in China miners need to temporarily stop operation), not the difficulty (which gets adjusted once every 2016 blocks or ~2 weeks).

If the difficulty remains the same, but the hashrate drops, the miners still mining get more bitcoin per hash. Which means they have to sell less bitcoin to pay for electricity. So I am not sure why a sudden drop in hashrate would cause downward price pressure, would expect the opposite.

I am sorry my post was not clear enough for you to understand.

I will attempt to be more clear this time.

I have studied difficulty for more then five years.
I have written thousands of posts on it.
I have given away more then 10 btc in difficulty prediction contests.

When I talk about decreasing difficulty dragging price down.

I am talking about the next jump.

when I read v8s info on the flooding the future jump was based on us being 69 blocks ahead of pace.

we are now 32-33 blocks ahead. so we are down 37-38 blocks since v8’s post.

I have a ton of observational data that shows mid 2016 period diff drops tend to drag price a bit.

basically we did drop price so it is following a familiar pattern.

We did three days dropping from 69 to 32 blocks ahead.

the future diff prediction is now lower.


Current difficulty is never what I refer to as I only look to predict the next one or two jumps of the diff.
It makes a lot of mining farm decisions easier to do.

I can use 300kwatts an hour before I cap out. I use 130-160kwatts an hour and clocking the future diff is far easier then clocking future price.

You would not be expected to understand me when I talk about diff. you would simply say dude the diff did not change wtf do you mean.

Lastly my theory as to why a mid drop like this drags price is as follows.

First 7 days 154 blocks a day = 70 blocks ahead.
Last 3 days  132 blocks a day = 36 blocks behind. net 34 blocks off.

Floods in China if a few big boys had to shut down they could be 66 blocks lost

as 154-132 = 22 x 3 = 66 blocks.

This may force them do usually large coin sales.
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August 19, 2020, 04:37:20 PM
Merited by philipma1957 (1)

Made a transaction earlier, 116 sats per byte fee. This was around 11:00am, still waiting for a confirmation nearly 7 hours later.

I’ve accelerated it with Via Bitcoin free accelerator but fucking hell.....7 hours.
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August 19, 2020, 04:50:21 PM
Last edit: August 19, 2020, 05:10:30 PM by JayJuanGee

/OT
I've just seen that the Chipmixer signature campaign is still paying 0,0375BTC/week for 50 posts at current prices.
Damn, for that I would be posting in every forum all day every day !

CM paid the same amount when BTC was worth $20k, but also when it was only $3000k - they pay in BTC, and never look at fiat value of those coins. Do you think that it is easy to write 50 qualifying posts every week?

I missed that $3000k phase in BTC's history.  It must have been lovely.... Wished I could have been there (call me bitter, if you must).

Dream on aesma... ;-)


@JJG I'm sure he was JOKING! Only joking!  Tongue


I wouldn't mind some serious dip to fill my bags either, but my SOMA analysis says now it's not that time. And small print is very bad for our eyes.

We cannot get every joke, can "we?"**

**Note: "royal we" employed in order to deny some amount of responsibility... and yeah small can be challenging for some of "us" oldie fellows.


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August 19, 2020, 05:10:49 PM


I have given away more then 10 btc in difficulty prediction contests.


wow, @philipma1957 gave away more than the bottom 98% of btc accounts are worth (per account).
Applause.
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August 19, 2020, 05:14:42 PM

yeah I played all those games. don't think I ever won once, but was great fun. even that suchmoon fella chipped in a couple of quid once
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August 19, 2020, 05:18:21 PM
Last edit: August 19, 2020, 05:39:42 PM by Biodom
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I was in awe reading this book in 2015.
Albeit, only those with ~3000 btc could be currently called truly 'sovereign individuals' as described in the book
the rest of us could aspire to become in due course
The sad part is that Bezos, Musk, etc already are SI, but most of us are not there yet.
In fact, Musk has displayed independence of a 'sovereign individual' in his tussle with SEC and his county (i mean where tesla factory is) health commish.
They did not know what they were dealing with, lol.

Made a transaction earlier, 116 sats per byte fee. This was around 11:00am, still waiting for a confirmation nearly 7 hours later.

I’ve accelerated it with Via Bitcoin free accelerator but fucking hell.....7 hours.

I never bother anymore, unless it is Sat or Sun or if it is an exchange (outgoing).
JayJuanGee
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August 19, 2020, 05:36:42 PM

Made a transaction earlier, 116 sats per byte fee. This was around 11:00am, still waiting for a confirmation nearly 7 hours later.

I’ve accelerated it with Via Bitcoin free accelerator but fucking hell.....7 hours.

Oh shit!!!!!!!    Shocked Shocked Shocked


LFC turning into a BIG BLOCKER. Cry



Run for the hills, boyz!!! 



Bitcoin is ded.


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August 19, 2020, 05:40:28 PM
Last edit: August 19, 2020, 06:03:42 PM by LFC_Bitcoin
Merited by vapourminer (2), HI-TEC99 (1), Last of the V8s (1), AlcoHoDL (1)

Oh shit!!!!!!!    Shocked Shocked Shocked


LFC turning into a BIG BLOCKER. Cry



Run for the hills, boyz!!!  



Bitcoin is ded.

Nah, I’m just testing out Kraken for the first time in anticipation of the epic bull next year. I’m selling signature campaign funds, that’s all. My main stash I have sold nothing for many years.

It’s confirmed now any way Cheesy


Edit -

£1.95 fee
Fiat withdrawal credited to bank acc in 5 mins.

I’m fully KYC with unlimited fiat withdrawals on Kraken & Stamp, I have a big daily withdrawal acceptance on Coinbase Pro & something smaller like €200,000 per year on Localbitcoins.

I’ve linked 3 fiat bank acc’s to Kraken too.

Boys, you need to be prepared for next year, HairyMaclairy told me to be a boy scout in prep for the next bull run & I definitely have been. You do not want to get caught slipping when peak bull comes & the mempool is jammed to hell & exchanges are so busy.

Do what needs to be done, mini trial sells etc now. Get fully KYC’d on as many trusted exchanges as poss & link more than one bank account incase they block your account temporarily & ask you to explain source of funds when you dump multi millions in there.
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August 19, 2020, 05:49:03 PM
Merited by OutOfMemory (1)

https://twitter.com/metamick14/status/1295764368546766849

Quote
Bitcoin has a branding problem. While we might not care this is largely reducing Bitcoin's accessibility to the masses.

And while #Bitcoin is an amazing technology in itself, I believe the missing link lies in leveraging its culture, the #Hodlculture.

Thread + article
Down pointing backhand index
Chicken

https://medium.com/@metamick14/balinese-cockfights-bitcoins-how-one-can-help-us-understand-the-other-c075027ffeb6

Quote
"Foreigners have for centuries reduced Balinese cockfights to a senseless form of gambling. Similarly, Bitcoin might at first be associated with gambling, black markets and hackers. But dive into these worlds & things start looking quite differently"

very good thread on hodling
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August 19, 2020, 05:51:20 PM


I have given away more then 10 btc in difficulty prediction contests.


wow, @philipma1957 gave away more than the bottom 98% of btc accounts are worth (per account).
Applause.

suchmoon funded more of it then I did.

I used to do signature campaign and fund the give away with that.

coins were cheap back in the day.
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