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

[El duderino_]

Nerds are buying
Criminals are buying
Retail is buying
Funds are buying
Companies are buying
Governments are buying

And who the **** is selling this cheap then?!

Please .... Guess who’s not 

[NeuroticFish]

Please .... Guess who’s not 

Strong hands?
Smart people?
..us? (maybe)

[psycodad]

Please .... Guess who’s not 

Strong hands?
Smart people?
..us? (maybe)

I'd raise my arm if I'd not be sitting on my hands 

[Icygreen]

Found an article about Elwar's  cruise ship venture.  The first citadel me thinks. https://www.btctimes.com/news/cruise-ship-satoshi-wants-to-enable-off-grid-living-on-bitcoin
Go Elwar!  Kinda cool that we knew about it first.

[nullius]

Left or Right / Biden or Trump...  Nobody (clever than monkey/donkey) buys this shit.

Do I think the USA did well with it under Trump no. Do I think Hillary Clinton would have done better nope.

My categorical answer for American “election” talk:

Dear Americans:

Please SHUT UP about your reality-TV “election” show—and don’t vote, unless/until you get a candidate on the ballot in all 50 states who will call on Congress to send up bills abolishing the Federal Reserve and its conjoined twin, the Marxist progressive income tax.

[...]

[Indymoney]

[cAPSLOCK]

There are only two options: better one  for you is simply you are an idiot.

Worst - you are just paid shill.

swprs.org
off-guardian.org

#lockdownsceptics

DaRude is right though... sort of.

I also work for a hospital system.  Part of my job is specifically analyzing admission data, and for the last several months I have been particularly involved with analyzing the COVID admissions.

FACT: It is killing people
FACT: It is extraordinarily contagious
FACT: We now know that it has a very high survival rate in almost all populations.

The trick with Covid is it is so contagious that just about all of us are going to get it.  And that means that <1% who it kills?  There are a lot of them.

Couldn't you say exactly the same about any specific flu virus from past? [By {past} I mean anything happened before 2010 in let say 30 years scope]  

Any RELIABLE data about it?  

...

Mate, we all know it's not pandemia  but just clear politics. Left or Right / Biden or Trump...  Nobody (clever than monkey/donkey) buys this shit.

Bullshit did not fill our ICUs to 80% capacity with almost entirely intubated covid patients.  But believe what you want.  I have seen people dying from it.  Yes, it is not as bad as people had feared, but it is not "exactly the same" as anything really.  Just because politicians have seized onto this for their advantage does not mean it isn;t real.  You seem to be a black and white sort of thinker.

[Arriemoller]

[Rhetorical] Why do people still keep massive funds at exchanges?!

Because they live in the belief that Bitcoin is the same as fiat, so if they are used to keeping fiat in the bank, then they behave identically to BTC - which is completely wrong. Someone calculated a few days ago that only a few top crypto exchanges have in their possession just under 2 million BTC. There is no doubt that hackers really appreciate things like this, crypto is much easier to steal and spend without catching you.

https://youtu.be/zFbzbTYh-Ro?t=152

[LFC_Bitcoin]

https://twitter.com/100trillionusd/status/1317075205374791681?s=21

[Hueristic]

Couldn't you say exactly the same about any specific flu virus from past? [By {past} I mean anything happened before 2010 in let say 30 years scope]  

Any RELIABLE data about it?  

...

Mate, we all know it's not pandemia  but just clear politics. Left or Right / Biden or Trump...  Nobody (clever than monkey/donkey) buys this shit.

Bullshit did not fill our ICUs to 80% capacity with almost entirely intubated covid patients.  But believe what you want.  I have seen people dying from it.  Yes, it is not as bad as people had feared, but it is not "exactly the same" as anything really.  Just because politicians have seized onto this for their advantage does not mean it isn;t real.  You seem to be a black and white sort of thinker.

No, even a binary thinker is capable of rational deduction and not comprehending that taking steps to mitigate a bomb doesn't mean the bomb never existed when it doesn't explode.

[Tash]

Major exchange OKEx suddenly suspended crypto withdrawals while one its key custodians cooperates with an investigation, shaking the crypto markets

Also the founder got detained: https://www.btctimes.com/news/not-your-keys-not-your-bitcoin-okex-freezes-withdrawals

[Rhetorical] Why do people still keep massive funds at exchanges?!

Now thats a surprise, some exchange troubles in cryptoland. totally unexpected.
One worse than the other, nothing more than crap-coin paradise.
 Not your keys not your coins.

[Paashaas]

Global cases rises to a record of 400,000 infections in one day for the first time.

Rapid resurgences in Europe and the US midwest.

Flu season just started. Stay save.

[nullius]

Just because politicians have seized onto this for their advantage does not mean it isn't real.

^^^ This.

What is politically more convenient than a fake problem?  A real problem, which can be aggravated by cures worse than the disease.

The emergency may be a more or less real problem.  For example, the Roosevelt gold seizure exploited panic over the Great Depression.  No reasonable person denies that the Great Depression caused widespread worry and suffering.  I must mention this explicitly, because imbeciles the feeble-minded the subnormal Americans mental retards persons with intellectual disabilities irrationally assume that tyrants can only exploit fake events.

[xhomerx10]

the private key can be calculated in a million years on a single processor or in 2 years one of the 590000 keys from addresses with a balance of more than 1 bitcoin

https://bitcointalk.org/index.php?topic=25804.msg55390961#msg55390961

 So are we all fucked or just you¹?

¹hint: check your math

[nullius]

the private key can be calculated in a million years on a single processor or in 2 years one of the 590000 keys from addresses with a balance of more than 1 bitcoin

https://bitcointalk.org/index.php?topic=25804.msg55390961#msg55390961

 So are we all fucked or just you¹?

¹hint: check your math

LOL.  Before I saw this, I had just replied with some Confirmed Maths!

Is that idiot spamming for some purported Bitcoin cracker?  If so, I should be reporting spam rather than replying.


Edit:  He just replied again.  It really looks like spam.  Reporting to moderator—not replying further, unless the mod ignores my report.

Edit, edit:  Wow.  Tagging, too.  (My forum skills must be getting rusty, if I did not check his trust page first!)

[JL0]

https://twitter.com/100trillionusd/status/1317075205374791681?s=21

[FIFA worldcup]

[fillippone]

https://twitter.com/100trillionusd/status/1317075205374791681?s=21

Gentle reminder S2F doesn't take demand as an input.
As many other models (Black and Scholes) their assumptions and mechanics are independent from demand dynamics.
And this model has an R^2 of 95%: this means all other factors but the S2F have an explaining power of the Bitcoin price of 5%.
Not work investigating inho.

Your fellow S2F Zealot,
Filllippone.

My Gospel:
Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity

[DaRude]

https://twitter.com/100trillionusd/status/1317075205374791681?s=21

Either institutional buying is greatly exaggerated, or someone is selling a ton. Pick your poison, time should tell as one is much more sustainable than the other.

[bitebits]

Institutional buying, next to OTC, is placing limit orders under the current spot price. Michael Saylor managed to obtain his 38k bitcoin like this in under 8 days without moving the price upwards (but perhaps decreasing the downward pressure?). FOMO market buying is for retail.