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

[Toxic2040]

also not suggesting that we should not try to treat animals more ethically or that we shouldn't try to preserve nature where it still exists. all this is important but we cannot escape "our" nature - which is to create our own environment globally.

+1 WOsMerit

Check this out = David Attenborough: A Life on Our Planet

It's on netflix and probably a few other places. He started by saying "we have to fix this, or else." something like that.

+1 WOsMerit

I've seen it yesterday, it was breath taking and frightening at the same time a true eye opener. This is a must watch for everyone.

Nature must be protected at all costs for the future of humanity because by protecting it we protect ourselves.

Unfortunately we will continue destroying Earth's biodiversity/deforestation/over fishing-farming/polution and add climate change to the mix is a recipie for complete disaster ore even extinction. Some previous extintion evens took millions of years however the next one may happen in just 100 years. (Paashaas claps his hands)

There are some successes here and there but it might be to late for that, the money system does not allow us to fix it, in fact most problems in this world and our lifestyle is caused by it.

If we fix the fiat system than we'll fix a lot of problems, this is why Bitcoin is so important. Bitcoin is the total package in terms of the redistribution of wealth/power and to restore nature, it is (imo) one of the -if not- the most important invention of oure life-time.

+1 WOsMerit

--------

Good morning Bitcoinland.

Up a little this morning... currently $10920USD/$14444CAD (Bitcoinaverage).

A step in the right direction. Go Bitcoin go.
_____

Got lucky with Hurricane Delta. It downgraded to category 2 before making landfall and thus caused much less damage than anticipated.

No fatalities nor even any injuries have been reported and all reports are that damage has been minimal... mostly toppled trees and wires in our general area.

It will probably be another couple of days before power and internet are restored and we can find out how we fared. We're keeping our fingers crossed.

What a year!

+1 WOsMerit


Some good news..lets hope your haciendas remains unscathed Jimbo. Nothing like worrying over a place or thing where you cant get any info. Hopefully the blackout lifts soon. Lo mejor de las suertes.


-------

/repeated rant on

I watched as a young child as my parents marched in the 60's for civil rights and to end regime change wars. I watched them march in the 70's over gas shortages engineered by nation states and big oil companies. These entities operating with complete disregard towards environmental consequences and without a ounce of moral decency.

They carried this fight into my adulthood in the 80's and 90's where I picked up their cry and joined in protesting and being 'green' as we know it now, before it was even really a thing. Somewhere in the back of my mind this thought that they would live to see the changes we had all dreamed of.

The dream of not passing on this continued criminal neglect and destruction of our Planet.

My parents are gone now and I am left with carrying on the fight as best as I am able. Teaching my children as I was taught as best I can.

That this Earth we call home is it.

There is literally no other place to go...and why would we? As much as I advocate a colony on Mars and for humanity to expand into the final frontier of space we need to take care of  our own backyard first.

Saying that, it doesnt have to be one or the other..it can and should be both...and more.

We are capable of so much...and we have more than enough resources AND production facilities for everyone. Many times over if we take a responsible long term custodial approach to this amazingly beautiful place we live on.

I have been lucky enough to travel some..and I can tell you I have wept with joy and wonder at the shear awesomeness that is Mother Nature. The grand vistas and profusion of life that abound throughout multiple ecosystems.

Our Mother is hurting now...and it is past time for change.  

In my lifetime I have seen the gradual changes that are now increasing more rapidly. Event piling on event in cascade towards a future where life as we know it might not be possible on the surface of our planet anymore.

I am sick and tired of it. It has to change. I am unwilling to keep passing this off to the next generation.

We have to act now..before its too late.

/repeated rant off
    

[bitebits]

[...]
Disclaimer: Poster currently has 91% of wealth invested into crypto (75% of which is in Bitcoin). Assume a perma-bull bias.

Don’t you worry, that 75% will be close to 100% soon. No need to do anything.

[nullius]

That this Earth we call home is it.

There is literally no other place to go...and why would we? As much as I advocate a colony on Mars and for humanity to expand into the final frontier of space we need to take care of  our own backyard first.

Why should insapient talking monkeys be permitted to foul up another planet?

Robots, faster!  Please!  This “humanity”, it wants to metastasize.


inb4, etc., etc.:  The difference between right-wing conservationism and left-wing environmentalism is that conservationists are sincerely worried about their grandchildren—I mean, as something deeper than a sound bite.  “Posterity” is a word not in the vocabulary of those who seek “sustainability” by embracing a culture that is inimical to having heirs, whilst using palaver about Mother Earth as yet another vector to agitate for full-blown International Communism.

(Not talking about Toxic here, either way.  Just clarifying as to myself.  For others, if the shoe fits, wear it.)

Yes, Earth is fantastically, unbelievably overloaded past its carrying capacity, and has so been for a long time now.  No, that cannot go on forever.  And the problem is not exactly helped by taxing productive people so that they cannot afford to have children even at replacement level or modest growth, and using their money to buy food and medical care for people who breed uncontrollably—both in their own countries, and around the world.  That is just one example of the type of grim, undesirable, and quite unavoidable reality that you will not hear Greta Thunberg speaking about honestly.

Abolishing the income tax is an environmental cause!  Do it for Mother Earth!  The global population will implode overnight.

[Last of the V8s]

https://www.justice.gov/opa/pr/attorney-general-william-p-barr-announces-publication-cryptocurrency-enforcement-framework

“The United States has been enormously successful blocking terrorists, rogue regimes, and their supporters from funding their activity using traditional currencies,” said Task Force member John C. Demers, Assistant Attorney General for the National Security Division.  “As the Cryptocurrency Enforcement Framework explains, we will adapt our strategy and tools to 21st century financing, including to combat the use of cryptocurrencies to evade enforcement and harm our national security.”

plus a further 83 pages, linked at bottom



terrific lot of wank to wade through  

On the other hand, in addition to the substantial public safety and national security concerns discussed in this Framework, critics of cryptocurrency have raised questions about its supposed benefits. For example, certain critics contend that cryptocurrency could, if widely adopted, reduce the ability of national governments to regulate their economies through monetary policy.

duh


edited

[explorer]

https://www.justice.gov/opa/pr/attorney-general-william-p-barr-announces-publication-cryptocurrency-enforcement-framework

“The United States has been enormously successful blocking funding terrorists, rogue regimes, and their supporters from funding their activity using traditional currencies,” said Task Force member John C. Demers, Assistant Attorney General for the National Security Division.  “As the Cryptocurrency Enforcement Framework explains, we will adapt our strategy and tools to 21st century financing, including to combat further the use of cryptocurrencies to evade enforcement and harm our national security.”

plus a further 83 pages, linked at bottom



terrific lot of wank to wade through  

Now it seems more believable.

[nullius]

https://www.justice.gov/opa/pr/attorney-general-william-p-barr-announces-publication-cryptocurrency-enforcement-framework

“The United States has been enormously successful blocking terrorists, rogue regimes, and their supporters from funding their activity using traditional currencies,” said Task Force member John C. Demers, Assistant Attorney General for the National Security Division.  “As the Cryptocurrency Enforcement Framework explains, we will adapt our strategy and tools to 21st century financing, including to combat the use of cryptocurrencies to evade enforcement and harm our national security.”

plus a further 83 pages, linked at bottom



terrific lot of wank to wade through  

Wait a minute.  Aren’t those the same “mujahidin” fighting against a Syrian government that America hates?  And aren’t “al-Qaeda-Affiliated [Groups]” what Soleimani was fighting to suppress in Iraq?  And...?

The Americans doth protest too much, methinks.

On the other hand, in addition to the substantial public safety and national security concerns discussed in this Framework, critics of cryptocurrency have raised questions about its supposed benefits. For example, certain critics contend that cryptocurrency could, if widely adopted, reduce the ability of national governments to regulate their economies through monetary policy.

duh

That’s a feature, not a bug.

FREEDOM IS SLAVERY.
IGNORANCE IS STRENGTH.

Just for instance, look up what happened to Ngô Đình Diệm for an exemplary illustration of America’s long and sordid history of creating problems, and then pretending to fight them.  The CIA set Vietnam up for a total Communist takeover with Diệm’s unfortunate demise—and then, of course, the valiant American world-police had to make war on Communism in Vietnam!  A war that was deliberately set up, and deliberately set up to be unwinnable.

Just for instance.

“WAR IS PEACE”, indeed.

Learn a lesson from Diệm—or from Saddam Hussein and from the Kurds in Iraq who rebelled against Saddam in ’91—or any other of numerous examples of people who met their demises through American treachery:

Never trust the Americans.

[Last of the V8s]

bitcoin is mentioned 93 times in that report
ethereum not once
"feds don't regulate Tonka toys"

edit: further, some interesting stuff about privacy shitcoins and bitcoin privacy tech
plus
@joe007

chipmixer folks need to ponder this ^

[600watt]

/repeated rant on

I watched as a young child as my parents marched in the 60's for civil rights and to end regime change wars. I watched them march in the 70's over gas shortages engineered by nation states and big oil companies. These entities operating with complete disregard towards environmental consequences and without a ounce of moral decency.

They carried this fight into my adulthood in the 80's and 90's where I picked up their cry and joined in protesting and being 'green' as we know it now, before it was even really a thing. Somewhere in the back of my mind this thought that they would live to see the changes we had all dreamed of.

The dream of not passing on this continued criminal neglect and destruction of our Planet.

My parents are gone now and I am left with carrying on the fight as best as I am able. Teaching my children as I was taught as best I can.

That this Earth we call home is it.

There is literally no other place to go...and why would we? As much as I advocate a colony on Mars and for humanity to expand into the final frontier of space we need to take care of  our own backyard first.

Saying that, it doesnt have to be one or the other..it can and should be both...and more.

We are capable of so much...and we have more than enough resources AND production facilities for everyone. Many times over if we take a responsible long term custodial approach to this amazingly beautiful place we live on.

I have been lucky enough to travel some..and I can tell you I have wept with joy and wonder at the shear awesomeness that is Mother Nature. The grand vistas and profusion of life that abound throughout multiple ecosystems.

Our Mother is hurting now...and it is past time for change.  

In my lifetime I have seen the gradual changes that are now increasing more rapidly. Event piling on event in cascade towards a future where life as we know it might not be possible on the surface of our planet anymore.

I am sick and tired of it. It has to change. I am unwilling to keep passing this off to the next generation.

We have to act now..before its too late.

/repeated rant off
    

i don't think greatness of nature is in danger. the ability to support humankind is. we will have to rely on technology I am afraid.

[explorer]

/repeated rant on

I watched as a young child as my parents marched in the 60's for civil rights and to end regime change wars. I watched them march in the 70's over gas shortages engineered by nation states and big oil companies. These entities operating with complete disregard towards environmental consequences and without a ounce of moral decency.

They carried this fight into my adulthood in the 80's and 90's where I picked up their cry and joined in protesting and being 'green' as we know it now, before it was even really a thing. Somewhere in the back of my mind this thought that they would live to see the changes we had all dreamed of.

The dream of not passing on this continued criminal neglect and destruction of our Planet.

My parents are gone now and I am left with carrying on the fight as best as I am able. Teaching my children as I was taught as best I can.

That this Earth we call home is it.

There is literally no other place to go...and why would we? As much as I advocate a colony on Mars and for humanity to expand into the final frontier of space we need to take care of  our own backyard first.

Saying that, it doesnt have to be one or the other..it can and should be both...and more.

We are capable of so much...and we have more than enough resources AND production facilities for everyone. Many times over if we take a responsible long term custodial approach to this amazingly beautiful place we live on.

I have been lucky enough to travel some..and I can tell you I have wept with joy and wonder at the shear awesomeness that is Mother Nature. The grand vistas and profusion of life that abound throughout multiple ecosystems.

Our Mother is hurting now...and it is past time for change.  

In my lifetime I have seen the gradual changes that are now increasing more rapidly. Event piling on event in cascade towards a future where life as we know it might not be possible on the surface of our planet anymore.

I am sick and tired of it. It has to change. I am unwilling to keep passing this off to the next generation.

We have to act now..before its too late.

/repeated rant off
    

i don't think greatness of nature is in danger. the ability to support humankind is. we will have to rely on technology I am afraid.

Look at the charts.  Human population is clearly in a bubble, and arguably at a blow off top.  Nothing but shorting going on from here and the sun will take care of that if we don't self-annihilate fast enough.  Bitcoin has a 4 year cycle, the sun has 12ka cycle, and it's time!

[Toxic2040]

the noon wall report

#dyor

kitteh has both ears perked up
1h



raise periscope...flood tubes one and three
4h

#stronghands

[dragonvslinux]

the noon wall report

#dyor

kitteh has both ears perked up
1h



raise periscope...flood tubes one and three
4h

#stronghands

If you're short you're doing it wrong? Is that the general gist of things? I already know the answer 



$12K coming up next then? Looks that way for now...

[brokedummy]

I see a crocodile wearing a snorkle, prepare for submersion

[El duderino_]

I see a crocodile wearing a snorkle, prepare for submersion

Don’t watch crocodiles, don’t be a broke dummy.... Buy BTC on the cheap 

[Paashaas]

https://bitcointreasuries.org

[criptix]

Uh nobody talking about square buying 50 million $ worth of BTC and making a whitepaper how every other company can do the same?  


https://twitter.com/DeItaOne/status/1314191887524401164


square whitepaper: https://images.ctfassets.net/2d5q1td6cyxq/5sXNrlEh2mEnTvvhgtYOm2/737bcfdc15e2a1c3cbd9b9451710ce54/Square_Inc._Bitcoin_Investment_Whitepaper.pdf


/edit

nvm wasnt the first

[OROBTC]

We are still early

Jack Dorsey has always been a flag-bearer of bitcoin. So it would still be early to consider that buying bitcoin as reserve is becoming a corporate trend. Morever, he said that purchasing bitcoin was in-line with the company's purpose. Are we going to see Square - Crypto Wallet soon?

It DOES seem that positive things are speeding up for BTC adoption and ease of use:

-- MSTR and @Jack buying in
-- Lots of talk about others entering BTC space
-- LibertyX making it cheap and easy to buy BTC (after KYC), not necessary to work with exchanges
-- BitPay apparently offers a debit card that would allow for use as a MasterCard and even to withdraw FIAT$ at ATMs.

The two immediately above are important advances.

Hmm, perhaps I should try and get one of Bitpay's cards?  Another project, but that allows spending BTC easily.  GREAT for liquidity.


EDIT: Has anyone gotten one of Bitpay's debit cards yet?

[explorer]

We are still early

Jack Dorsey has always been a flag-bearer of bitcoin. So it would still be early to consider that buying bitcoin as reserve is becoming a corporate trend. Morever, he said that purchasing bitcoin was in-line with the company's purpose. Are we going to see Square - Crypto Wallet soon?

It DOES seem that positive things are speeding up for BTC adoption and ease of use:

-- MSTR and @Jack buying in
-- Lots of talk about others entering BTC space
-- LibertyX making it cheap and easy to buy BTC (after KYC), not necessary to work with exchanges
-- BitPay apparently offers a debit card that would allow for use as a MasterCard and even to withdraw FIAT$ at ATMs.

The two immediately above are important advances.

Hmm, perhaps I should try and get one of Bitpay's cards?  Another project, but that allows spending BTC easily.  GREAT for liquidity.


EDIT: Has anyone gotten one of Bitpay's debit cards yet?

I believe someone was talking about it here just the other day...

[WastedLTC]

EDIT: Has anyone gotten one of Bitpay's debit cards yet?

I have a Bitpay card -- the only issue is that I don't like spending my crypto so the coins I loaded on it and then converted to USD slowly get burned from inactivity...   No complaints for the times I've used it but I don't use it often enough.   

[Arriemoller]

https://youtu.be/rz_Z7Gf1aRE

Worth to hear

Yes and no.
It would of course be ideal to achieve "herd immunity" but there are downsides of the procedure as well as the problem of mutation.
Like the flu, you can't actually get herd immunity, and it also does a lot of damage to the economy because of people lying sick at home, not able to work.
Herd immunity against the current circulating strains of SARS2, yes. Herd immunity forever? No. This comes at a price of taking out some % of global economic power, and it also has to be a global approach, because how could you explain country A to let people in from country B, who for example are currently herd immunizing, bringing in high infection/spreading rates? Just as a simple example of global covid complexity.

Covid is still seen too much as a national problem. It's in fact a global one, in a globalized economy, many people don't see this.
We'll have to swallow, either way. There seems to be no "best practice" for all of us.
I'm only replying to you because i think you're one of the sane members on board of the WO ship 
I'll back off the discussion as soon as polarization or covid-denial posts show up

How can you have discussion without polarization? That would just be a bunch of guys agreeing.

[notocactus]

Fun facts for today. Enjoy WO gang!

• Ignore all the massacres, pumps and dumps, in terms of medians (3 types) and minimums (2 types), Bitcoin is in its uptrend, over year.
• Volume is in low range
• 'Ghost month' is over, the East can boost volume up a bit soon

Do you prepare your Hodlpium?

• Fun-fact time-series plots for you.
• No description because plots tell you the story.
• Pay attention on multipliers

• In 3 types of median,2 types of min, p25 and p75 of daily low price BTC is in its uptrend.
• Look at p25, p75. If you buy BTC in price from $ 4155 to $10037 in years between 2018 till now, you are fine.
• If you bought BTC at a bit higher price than the lowest in a weak-down in March, you are fine
• Next target of BTC would be somewhere around $12300 (max_h)

Congratulations to all bitcoiners!  


Data source:

• https://coinmarketcap.com/currencies/bitcoin/historical-data/

Variable notes:

• Medians
  
  • median_l: Median of daily low price over year
  • median_h: Median of daily high price over year
  • median_c: Median of daily close price over year
• min_c: Minimum of daily close price over year
• max_c: Maximum of daily close price over year
• min_l: Minimum of daily low price over year (Lowest over year)
• max_h: maximum of daily high price over year (Highest over year
• p25l: p25 quantile of daily low price over year
• p75l: p75 quantile of daily low price over year

Raw data:

Code:

   +------------------------------------------------------------------------------------------------------+
     | year   median_l   median_h   median_c     min_c      max_c     min_l      max_h      p25l       p75l |
     |------------------------------------------------------------------------------------------------------|
  1. | 2013      124.7      129.9     127.04     68.43    1151.17     65.53    1156.14       104     199.97 |
  2. | 2014     489.73     516.16      502.5    310.74     953.29     289.3    1017.12    382.25      609.1 |
  3. | 2015     244.13     254.69     249.01     178.1     465.32    171.51     495.56    231.09     281.01 |
  4. | 2016    575.315     588.96    582.555    364.33     975.92    354.91      979.4    427.09      653.7 |
  5. | 2017    2510.48    2682.26    2589.41    777.76    19497.4    755.76      20089   1172.61    4377.46 |
     |------------------------------------------------------------------------------------------------------|
  6. | 2018    6747.98    7109.56    6906.92   3236.76      17527    3191.3    17712.4   6310.11    8360.62 |
  7. | 2019    7583.22    8047.41    7824.23   3399.47   13016.23   3391.02   13796.49   4155.32    9411.52 |
  8. | 2020   9221.055    9445.61    9324.99   4970.79    12254.4   4106.98   12359.06   8329.57   10037.07 |
     +------------------------------------------------------------------------------------------------------+