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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1.9%)
7/28 - 10 (18.5%)
8/4 - 10 (18.5%)
8/11 - 5 (9.3%)
8/18 - 1 (1.9%)
8/25 - 2 (3.7%)
After August - 25 (46.3%)
Total Voters: 54

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26422178 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. (174 posts by 3 users with 9 merit deleted.)
Phil_S
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September 27, 2020, 03:45:58 PM
Merited by vapourminer (2)

Here's 2,500 years old unfinished statue in Greece, still in the ancient marble quarry.









Greeks obviously had plans (and technology) to cut and move it.

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

Quote
The Kouros of Apollonas, also called the Colossus of Dionysus, is a 10.7 metre[1] tall unfinished statue of light grey Naxian marble with a weight of around 80 tonnes. It is located in an ancient quarry near Apollonas, a small town in the northern part of Naxos, one of the Cycladic Islands in the Aegean Sea.

The figure is roughly carved, but the body, head with beard and ears and the beginning of the hair are roughly recognisable. The arms have been cut by the stonemasons as rudimentary rectangles and the shaping of the feet had been begun; they are located on a 50 cm high plinth. The unfinished kouros lies in a rough stone slope.

According to Carl Blümel, a sculptor and director of the Pergamonmuseum, Greek quarrying in early times was similar to Egyptian quarrying practice. The rough form of the figure was carved out. The sculptors were especially able to work the sides. They worked layer by layer, creating flat contour areas. So the sculptors never worked on a leg, arm or head individually, but always on the sculpture as a whole and thus the whole figure was at the same stage of completion at each moment.[4] Only after the creation of the rough contour was the figure rounded out. This is all clearly demonstrated by the Kouros of Apollonas.

The sculptors used bronze chisels, which have left numerous holes in the sculpture, which were probably also the result of the use of pickaxes and hammers and would have been smoothed out in the course of the work by the use of finer chisels and gentler blows

The statue, which has an estimated weight of about 80 tonnes,[5] had been cut free from the stone on three sides, but it was not completed. On the back of the Kouros there are 5–8 cm wide keyholes, which are between 32 and 37 cm apart. In the centre, between the back of the kouros and the stone is a rectangular hole with a width of 40 cm, for the insertion of a wooden lifting beam. These recesses are located in the main lifting points of Greek monoliths. This ancient quarrying technique can be detected by traces in numerous places in the quarry, since it was not used in later times.

It's less magical, when you look at unfinished work-in-progress... It's just a lot of hard work.

But they could do it. They were not stupid.
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what is this "brake pedal" you speak of?


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September 27, 2020, 03:46:32 PM

read a bit more about the great pyramid .  not the lessor ones but the great one.

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

let me know how they stacked the 80 ton blocks in the year 2500bc

the theory i like (unsure if its mentioned in the wiki) is they built the land around it up as they built it so they "just" had to move the blocks uphill on logs etc to the stone (thats now even with the new ground level) they wanted it on. when that layer is done move more dirt in so its now even with the new level you just built.

then, just remove the dirt. poof. snimple if you have basically unlimited dirt, manpower and time.
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September 27, 2020, 04:01:44 PM
Merited by vapourminer (1)

Also worth mentioning is the ancient Greeks' methods of perspective correction when designing their monuments. It's amazing that such methods were used at that period of time. It screams "high-tech", even by today's standards!

https://www.architecturerevived.com/how-greek-temples-correct-visual-distortion/
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September 27, 2020, 04:05:01 PM

France didn't even know that there ware stars in the sky when those structures have been built  Grin Grin Grin

And when was that exactly? When those structures have been built?

Here, look it up:
https://en.wikipedia.org/wiki/Machu_Picchu

Frankly, if the person is standing next to them for scale, the structures are not than impressive:


As it is often stated, DYOR and then come back again  Grin
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September 27, 2020, 04:06:55 PM

Here's 2,500 years old unfinished statue in Greece, still in the ancient marble quarry.









Greeks obviously had plans (and technology) to cut and move it.

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

Quote
The Kouros of Apollonas, also called the Colossus of Dionysus, is a 10.7 metre[1] tall unfinished statue of light grey Naxian marble with a weight of around 80 tonnes. It is located in an ancient quarry near Apollonas, a small town in the northern part of Naxos, one of the Cycladic Islands in the Aegean Sea.

The figure is roughly carved, but the body, head with beard and ears and the beginning of the hair are roughly recognisable. The arms have been cut by the stonemasons as rudimentary rectangles and the shaping of the feet had been begun; they are located on a 50 cm high plinth. The unfinished kouros lies in a rough stone slope.

According to Carl Blümel, a sculptor and director of the Pergamonmuseum, Greek quarrying in early times was similar to Egyptian quarrying practice. The rough form of the figure was carved out. The sculptors were especially able to work the sides. They worked layer by layer, creating flat contour areas. So the sculptors never worked on a leg, arm or head individually, but always on the sculpture as a whole and thus the whole figure was at the same stage of completion at each moment.[4] Only after the creation of the rough contour was the figure rounded out. This is all clearly demonstrated by the Kouros of Apollonas.

The sculptors used bronze chisels, which have left numerous holes in the sculpture, which were probably also the result of the use of pickaxes and hammers and would have been smoothed out in the course of the work by the use of finer chisels and gentler blows

The statue, which has an estimated weight of about 80 tonnes,[5] had been cut free from the stone on three sides, but it was not completed. On the back of the Kouros there are 5–8 cm wide keyholes, which are between 32 and 37 cm apart. In the centre, between the back of the kouros and the stone is a rectangular hole with a width of 40 cm, for the insertion of a wooden lifting beam. These recesses are located in the main lifting points of Greek monoliths. This ancient quarrying technique can be detected by traces in numerous places in the quarry, since it was not used in later times.

It's less magical, when you look at unfinished work-in-progress... It's just a lot of hard work.

But they could do it. They were not stupid.


Again, that is the official story like BTC is dead  Grin
The statue is now in the land of the greeks, but no one can tell you who was in those sites when that was built or in the process of building, that is what the history books are missing  Wink
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September 27, 2020, 04:08:02 PM

Good to be reminded about the fact that once upon a time Greeks were actually working.

Or wait a minute. They had slaves doing the work for them, right?

Disclaimer: sincere apologies to my Greek friends. I'm visiting your wonderful country with your delicious cuisine at least once a year, but I just couldn't let that one slip.
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September 27, 2020, 04:10:27 PM

As it is often stated, DYOR and then come back again  Grin

I already did, that stuff is not that old:
https://bitcointalk.org/index.php?topic=178336.msg55272244#msg55272244
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September 27, 2020, 04:11:09 PM

Good to be reminded about the fact that once upon a time Greeks were actually working.

Or wait a minute. They had slaves doing the work for them, right?

Disclaimer: sincere apologies to my Greek friends. I'm visiting your wonderful country with your delicious cuisine at least once a year, but I just couldn't let that one slip.

Don't forget that the Bavarians brought the financial system and the choke hold to Greece  Grin Grin Grin
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September 27, 2020, 04:12:08 PM

As it is often stated, DYOR and then come back again  Grin

I already did, that stuff is not that old:
https://bitcointalk.org/index.php?topic=178336.msg55272244#msg55272244


Again, you are reading from the history books = bullshit  Smiley
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September 27, 2020, 04:18:59 PM

The statue is now in the land of the greeks, but no one can tell you who was in those sites when that was built or in the process of building, that is what the history books are missing  Wink

Of course they know, it's from Archaic Greece period and they found lots of similar statues from that period, they call them Kouros https://en.wikipedia.org/wiki/Kouros

That particular unfinished statue is either Apollo or Dionysos.
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September 27, 2020, 04:21:20 PM

The most magnificent is Göbekli Tepe in Turkey. Not because of what they built, but because of when it was built. 11000 years ago, so in Neolithic and all was built with stone tools. Worth for everyone to google it and check.
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September 27, 2020, 04:22:34 PM

Again, you are reading from the history books = bullshit  Smiley

Again, what are your sources?
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September 27, 2020, 04:25:01 PM

Also worth mentioning is the ancient Greeks' methods of perspective correction when designing their monuments. It's amazing that such methods were used at that period of time. It screams "high-tech", even by today's standards!

https://www.architecturerevived.com/how-greek-temples-correct-visual-distortion/
Once again, they made a lot of clunks that looked like shit at a distance. This led them to design in the perpsective POV so people would pay them money to build buildings. The best ones are still around.

Interesting stuff, but no aliens needed.
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September 27, 2020, 04:37:40 PM
Merited by cAPSLOCK (1)

Happy Sunday, folks.
Fifty Thousand projected.
This time next year, yo.
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September 27, 2020, 04:39:09 PM

Sunday Bart Simpson
just means we're right where we were
this time yesterday
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September 27, 2020, 04:45:18 PM

The future is decentralision, not centralisation. BTC

'One day everyone will use China's digital currency'.

Quote
Chandler Guo was a pioneer in cryptocurrency, the digital currencies that can be created and used independently of national central banks and governments.

In 2014 he set up an operation to produce one of those currencies, Bitcoin, in a secret location in western China.

"Mining" Bitcoin is a power hungry enterprise involving dozens of computers so he used power from a hydroelectric station, in partnership with a local Chinese government official.

At its peak his machines were capable of mining 30% of the world's Bitcoin. He believed Bitcoin would one day change the world and replace the dollar.

But now he sees a new force emerging - a payment system created by the Chinese state and known as Digital Currency Electronic Payment (DCEP).

It's really a digital version of China's official currency, the yuan, and Mr Guo feels DCEP will become the dominant global currency. "One day everyone in the world will be using DCEP," he says.
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September 27, 2020, 04:51:13 PM

-snip-

It's a bit frustrating to see that we've had practically the same lows for 3 years (2018-2020), but if we look at the 2014-2016 period we can see a very similar situation.

Let's hope the price moons after this.

Great point.

So many of us get a bit deceived and delusional, even though we should not by these relatively flat periods that seem damned long while we are going through them.

There have been long ass period of seeming correlation between bitcoin and traditional markets - and that seeming correlation comes during these kinds of long ass periods of what is bitcoin's relatively flat performance.

Of course, we are not guaranteed further bitcoin price appreciation spikes, yet like you suggested, we likely felt very similarly from 2014 to 2016..... seems like such a long period, while we are suffering through it (those of us who are suffering with our glass half full perspectives - not really claiming myself to be in that doom and gloom camp - even while I appreciate that there are no guarantees).
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September 27, 2020, 04:51:44 PM

Again, you are reading from the history books = bullshit  Smiley

Again, what are your sources?
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September 27, 2020, 04:52:59 PM

The future is decentralision, not centralisation.

'One day everyone will use China's digital currency'.

Quote
Chandler Guo was a pioneer in cryptocurrency, the digital currencies that can be created and used independently of national central banks and governments.

In 2014 he set up an operation to produce one of those currencies, Bitcoin, in a secret location in western China.

"Mining" Bitcoin is a power hungry enterprise involving dozens of computers so he used power from a hydroelectric station, in partnership with a local Chinese government official.

At its peak his machines were capable of mining 30% of the world's Bitcoin. He believed Bitcoin would one day change the world and replace the dollar.

But now he sees a new force emerging - a payment system created by the Chinese state and known as Digital Currency Electronic Payment (DCEP).

It's really a digital version of China's official currency, the yuan, and Mr Guo feels DCEP will become the dominant global currency. "One day everyone in the world will be using DCEP," he says.

Just another loser having sold their bitcoins and holding alt coin bags.
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September 27, 2020, 04:59:33 PM

Come on guys, it's a well known fact - that we're all little Gods - when we let music in.

https://www.youtube.com/watch?v=yjxriFArvMk

Was listening to a remix, but decided to post the original. Kiss
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