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

[SwayStar123]

Funding seems to be really low for quite some time now, and market is going sideways + we are near support, I think we are near the local bottom right now

[1685482004]

1685482004

[1685482004]

1685482004

[1685482004]

1685482004

[rpgmasters]

https://twitter.com/OnlyAltcoins/status/1296237036949721093
soon
https://www.youtube.com/watch?v=Tz87FG1zH4k

[JayJuanGee]

I still hate you, but,

eh join the club. I hate me too for what I did to you. I did defend it for a few minutes before you departed, but soon came to some sense, and have not and will not defend it since, because obviously cannot. Grossly stupid of me, I am truly sorry.

Bad boy, V8.

You deserve a spanking.



Seems that the rod may well  be spared, in this case.  

Looks to me like the $1,000/btc and below price levels need more testing. I'm just telling ya'll the truth. I could see maybe bitcoin long term stable in the $200-$500 range after a lot of faffing about.

If we do go down there, $975 looks like some good support

If we reach $5, I'm intended to buy some more. So there's certainly some support at $5, modest but you've got to start somewhere.

Add three zeros, and you are going to have troubles finding any situation in which you would be able to buy below $5k - even in a hypothetical fire sale... but we can all have some kinds of fantasies, I suppose.

[Capanatlax]

Funding seems to be really low for quite some time now, and market is going sideways + we are near support, I think we are near the local bottom right now


https://www.tradingview.com/x/ui7ojK9Y/

Exactly see to trample near the supporting area also i think approximately $8k supporting area albeit not break $9200 We now have to wait to see the next boundaries or bottom over and hit exactly the bottom point.

[nullius]

About heirs, we often hear of stories where basically someone (a man usually) has worked his ass off all his life to be richer and richer, with the justification that "it's for my children", the problem being that they didn't actually take care of their children while doing that. Then they realize too late that they did it wrong.

Eh, I don’t buy it.  The mother is always the greatest influence on the development of a child’s character.

That’s not feminist stuff.  Even Napoleon said so; and he was so much not-a-feminist that he banned women from wearing pants in public within the city of Paris, on pain of arrest by the police.  (That law was repealed in 2013, when feminists realized it was still on the books and screamed bloody murder.  Napoleon’s own mother, by the way, was of such a famously forceful character that Nietzsche later cited her as an example of “the most powerful and influential women in the world” (Beyond Good and Evil, Aphorism 239).  And she raised a son who conquered the Continent...)

Indeed, I would go so far as to say that all of a man’s efforts directly to shape a child’s character are nugatory.  A father is, in the abstract, a fixed axis of power and authority in a household (which is why modernity prefers single motherhood...).  His primary influence on the child is through his relationship with his wife; it is the attitude that she exudes toward him which is absorbed by the child, at the very young ages when the mind has the plasticity to be shaped—a matter of emotions, the woman’s domain, and not of rational didacticism.  If a woman respects and admires her husband, then the children will absorb her devotion, and they will later report being “close to Dad growing up”.  If she despises him, then even without conscious intention, she will undermine him; and the children will always have “daddy issues”, no matter what he does.

If it seems I make women out to be powerful—yes, they are.  In all times and societies in which men have held exclusive political leadership and “oppressed” women through “patriarchy”, women have exercised a profound influence on the world by shaping the next generation of sons—and the next generation of mothers for grandsons.  The sexes are unavoidably interdependent; and talk about men “going their own way” is equally foolish to feminist nonsense about fish and bicycles.

Moreover, if you were to look back to times when families were really stable—before 1850, maybe even earlier—you will find that society had a very different idea of the paternal rôle.  Fathers weren’t babysitters; they were certainly involved with their families, but much more detached from daily childrearing (especially of very young children) than people would expect nowadays.  Within the family, fathers and mothers were not “partners in childcare” or anything of that nature.  Don’t forget that the feminist masculinization of women has been linked to the feminization of men, which has been ongoing for at least 170 years now.  Much is made of how far women have moved into masculine jobs; how much have men moved into women’s work?

Before approximately the middle of the Nineteenth Century, indeed, the respective rôles of the sexes were so drastically different that it is difficult for us nowadays even to imagine what life was really like.

None of this discussion is new.  Read books on the subject from the circa 1900, plus or minus a few decades; you will find them eerily similar to arguments seen all over the Internet nowadays, but much more insightful.  And they, in turn, will provide you references stretching back much further.

For my part, when I contemplate the general pattern of human society throughout most of history, excepting only periods of cultural degeneration and the collapse of civilizations, I am willing to bet on what enduring experience has shown to work.

And in the instances that you describe, I think you will find that there were many sources of dysfunction other than simply, “Dad was too busy.”


For obvious reasons, I have ignored the opposite case of the “a man usually” clause.  Of course, if a mother devotes her life to her chasing money, money, money at the expense of her children, they will grow up to be neurotic, perhaps psychotic.

[BobLawblaw]

I can't believe SJW rot has infiltrated Bitcoin Core, to the point they ACKED a merge to change "blacklist" to "blocklist".

For Bitcoin.

A blockchain.

...

[jbreher]

jbrehrer is shilling a contentious hardfork of the English language,

Ha! And in the meanwhile, nullius is being an insufferable twitfuck. As is his/her wont.

Yes, I could have used the more proper 'disingenuousness', but where's the fun in that? Party-pooper.

and accusing you of using “ANYONECANSPEND” words.  

Quite florid, and quite indecipherable. Intentional? My guess is yes, in order to cover for a lack of substance.

Dr. Craig S. Wright created the English language.

Interesting claim. Well, no. Not really. Just more inanity.

[JayJuanGee]

Language is plastic (ask JJG about that one). Rules change.

[...]

Anyhow, more broadly, for some reason, you seem to be using me as "language is plastic" example ... but I am not sure about why you are using me for such an example, except maybe you are mad at me for calling you misleading, disingenuous and ridiculous, too many times, perhaps?  poor wee lil picnic bear.  


 

 

jbrehrer is shilling a contentious hardfork of the English language, and accusing you of using “ANYONECANSPEND” words.  Is my witnessing of this transaction valid?

Dr. Craig S. Wright created the English language.  Maybe we should ask him.

That could be one way of interpreting the picnic bear.    

He does have a little love fest going on with Craig,  even though I am quite confident that he will deny that angle, too.    

[LFC_Bitcoin]

I can't believe SJW rot has infiltrated Bitcoin Core, to the point they ACKED a merge to change "blacklist" to "blocklist".

For Bitcoin.

A blockchain.

...

Why the hell did they accept that? The request was done by a complete nobody, crazy.

[bitserve]

^ The resulting comments are both hilarious and sad at the same time: https://github.com/bitcoin/bitcoin/pull/19897

[arcmetal]

Coronavirus Cases: 27,202,829. Deaths: 885,764. Recovered: 19,288,016.

does anyone still believe that crap? afaik they still don't have a remotely reliable test.  

Governments can eat a bag of dicks, with a side of their own fear.  In the mean time I sure hope I don't get shot,  fall off a roof while choking on a hotdog and die of covid.

The fact that we still have not been able to make a reliable test for covid19 should scare you rather than stroke your conspiracy egotrip.

Around 3.6% of the human population had covid19. Around 3.3% of all covid patients died and a large majority has long term / permanent damage. Scientists are working day and night for a vaccine, doctors are robbing themselves of sleep, all the governments in all countries have acknowledged the danger and are actively working to prevent covid19 until a vaccine is out. And then theres you. Sucking that big fat conspiracy dick. Yeah yeah its all a conspiracy until you're gasping for breathe, hoping you can breathe tomorrow too. Fucking idiot.

Go to university, study virology for 5+ years, read the research papers on covid19 and then come back and delete your idiotic posts.

-100000 WO merit


edit: And I say this to anyone who feels the need to be an edgy rebel. Nobody is impressed.

Well said.  Your comment needs repeating.

Its not necessarily possible to poke fun at certain stereotypes, it's generally unkind, but I still like poking fun at morons.

In fact I find it is necessary to poke fun at the morons, where would we be if we allowed them to continue to force us to say, the "Earth is at the center of the universe, and it does not move".  Celestial mechanics would not have been very successful, our space travel would be limited, and we'd still be housing good thinking people in towers, or burning them at the stake.

In the near future someone may remark "what took us so long to separate money from the state".  Without clear thinkers there would be no progress.

Progress can begin to happen when the kid in the street looks up and says "the orange emperor has no clothes".

[nullius]

And so it begins... sigh...  [Edit, note:  There are three different PR links scattered within this post, for those seeking to track the issue.]

In other linguistic niceties https://github.com/bitcoin/bitcoin/pull/19770
RPC: getpeerinfo: Deprecate "whitelisted" field (replaced by "permissions") #19770 ... luke-jr wants to  ...
  

[WO] Whom the gods would blacklist...

linguistic niceties

“τὸ κακὸν δoκεῖν πoτ᾽ ἐσθλὸν τῷδ᾽ ἔμμεν' ὅτῳ φρένας θεὸς ἄγει πρὸς ἄταν”

I can't believe SJW rot has infiltrated Bitcoin Core, to the point they ACKED a merge to change "blacklist" to "blocklist".

For Bitcoin.

A blockchain.

...

Why the hell did they accept that? The request was done by a complete nobody, crazy.

^ The resulting comments are both hilarious and sad at the same time: https://github.com/bitcoin/bitcoin/pull/19897

Somehow, you and I and others missed this quietly slip through in June—a time when many projects were doing such goodthinkful Political Corrections:
https://github.com/bitcoin/bitcoin/pull/19227

The “blocklist” thing resulted in a terminological clusterfork, for the obvious reason that BobLawblaw stated.

For want of time to write an essay of my own right now, I will quote something insightful that I happened across in June from a four-digit slashdotter, after the OpenZFS lead dev suddenly renamed all of the “master/slave” variables:

https://developers.slashdot.org/comments.pl?sid=16559200&cid=60174924

Capitulation will not save you (Score:4, Insightful)

by rho ( 6063 ) on Friday June 12, 2020 @09:28AM (#60174924)

I strongly suspect the people who are pushing for these things fall into two camps. The first camp are people who genuinely want to control the language, and by proxy, thought. These are very dangerous people and should be resisted at all times. The second camp are people who genuinely want to do something so they can be a part of this current trend and feel like they are participating in a meaningful way. These are ordinary decent people, but are certainly influenced by the bluster and actions of the first camp.

Here's the thing, though. If you're in the second camp, your actions will not save you from the first camp. The authoritarians in the first camp are fundamentally about control, and if you stand in their way, your past actions will mean nothing. Anything less than complete subservience to whatever ideology is currently in vogue in the first camp, is treated as a viral attack and is stamped out with extreme prejudice. Your past capitulation will not serve you in the future.

Nobody--at least nobody with a lick of sense or proportion--actually thinks that changing "master/slave" to something else will accomplish anything of substance or real value. It's nothing more than a publicity stunt to demonstrate that you are not like those people over there, the racists. It's a signal of your adherence to the new narrative, nothing more. The authoritarians in the first camp will acknowledge your signal, and they now know that later you will be more likely to accept the next click on the ratchet. Make no mistake, however; when they ratchet it too far for you, nothing you did in the past will save you.

It's the behavior of cults, and used to great effect at controlling behavior. What's surprising is how many tech people are susceptible to it.

[nullius]

[...]

The fact that we still have not been able to make a reliable test for covid19 should scare you rather than stroke your conspiracy egotrip.

Around 3.6% of the human population had covid19. Around 3.3% of all covid patients died and a large majority has long term / permanent damage. Scientists are working day and night for a vaccine, doctors are robbing themselves of sleep, all the governments in all countries have acknowledged the danger and are actively working to prevent covid19 until a vaccine is out. And then theres you. Sucking that big fat conspiracy dick. Yeah yeah its all a conspiracy until you're gasping for breathe, hoping you can breathe tomorrow too. Fucking idiot.

Go to university, study virology for 5+ years, read the research papers on covid19 and then come back and delete your idiotic posts.

-100000 WO merit


edit: And I say this to anyone who feels the need to be an edgy rebel. Nobody is impressed.

Well said.  Your comment needs repeating.

Its not necessarily possible to poke fun at certain stereotypes, it's generally unkind, but I still like poking fun at morons.

In fact I find it is necessary to poke fun at the morons, where would we be if we allowed them to continue to force us to say, the "Earth is at the center of the universe, and it does not move".  Celestial mechanics would not have been very successful, our space travel would be limited, and we'd still be housing good thinking people in towers, or burning them at the stake.

In the near future someone may remark "what took us so long to separate money from the state".  Without clear thinkers there would be no progress.

Progress can begin to happen when the kid in the street looks up and says "the orange emperor has no clothes".

Quoted at length to demonstrate the effect of the punch line.

You do realize that many people here are not Americans, and also that many of the people not buying your party line are anything but fond of Trump, and that an interesting Venn diagram could be drawn of these various groupings?

Oh no, no you don’t.  You live in a fantasy in which all the world is America, and everything is about your stupid “election”.  And you are casting about the word “moron”?  With a bunch of stock-phrase cliché types of pseudointellectual insults not sensible in the context, no less...

The politicization of Covid by morons such as yourself costs lives and destroys economies.  You and panic-porn peddler goldkingcoiner should take a good hard look in the mirror before preaching to others.  But then, you really don’t care about anything but your goddamn “election” and your “Progressive” agenda, do you?  The “orange emperor” comment gives it away.  You are obsessed.  And you are probably obese.  By the way.

[OutOfMemory]

OT: Covid-19 crap / Braindump

There's this dude on Twitter named @JamesTodaroMD, who is talking a lot about T-Cell Memory serving as a form of immunity to Coronaviruses, and Covid-19.

It's being hypothesized that folks with healthy immune systems, are near middle age, and have no co-morbidities, have good protection against Covid-19, if you've had colds in the past (been exposed to Coronaviruses before, on several occasions); can fight off and develop an immunity to a strain of Covid-19.

Also, T-Cells apparently are capable of forming immunity memory against Covid-19, and this is leading to PCR Tests for re-testing infections as near useless. If you've had Covid-19 already, test negative; it's possible to retest positive, while asymptomatic, at a later date, because the PCR test is detecting dead viral shedding of a Covid-19 infection that was already taken care of by your T-Cell memory, generating the needed immune response.

Also, it is speculated by the medical community there is "at least one more strain of Covid-19" which is possible to become full-course reinfected with, again.

Again, speaking about healthy folk here, with strong immune systems, and no co-morbidities.

So says research, yep.

Additionally, the initial virus load an infected person's immune system has to fight off, correlates with the severity of symptoms. Common facemask reduces initial virus load, so it has some use as a protective.
The more ACE2 receptors an individual has on infected tissue(s), the higher the possible number of successfully docking viruses, the heavier the infection gets.
Immune system response time vs. initial virus load seems to be the key, to refine the term "strength". Of course, weak immune systems get overloaded by lighter infections.

The good news: Viruses that are mutating get easier on their host(s) with each mutation. The virus doesn't "want" to kill the host, because it can't really replicate and spread if the host is dead. This is one explanation why secondary infections are easier, and why many folks experience light to symptom-free forms of covid.

To sum it up, it really seems that life threatening sars-cov-2 will degrade to an even less dangerous kind of flu in the near future.
It's up to everyone how to handle this and have his opinion, but don't forget that we are a social species, so please let's fuck that ego and keep taking care of others.

Nuff said, now let's return to BTC.
Looks like the spring is loading again  

[arcmetal]

https://bitcointalk.org/index.php?topic=5273484.msg55127261#msg55127261

I wonder why people always remembers of the Wall Observer thread during heavy market conditions. Why don't you come hanging out when the market is doing sideways? You guys could find some good pearls in it.
I know it's hard to keep up with the overall thread speed but most of the times the WO is the place to get first hand news, tips and tricks about Bitcoin.
If you don't like it, just do not post inside. And we will be friends.

Most of the time, when I wake, this is the order of things to happen:

Hit the alarm, put on some shorts.
Open a web browser.
Check bitcoinwisdom.io  ...
Check WO.
google:  "bitcoin news".


I found long ago, that WO contains some of the latest of what is happening to bitcoin.  So many useful links, tweets, articles, tidbits, etc.  It is a useful resource.

[El duderino_]

Returning to BTC, but but I only read that all the new guys telling BTC Needs to break 10.5 for some magical reasons or otherwise........  

[Paashaas]

Kazakhstan to Make a $700 Million Bet on Bitcoin Mining.

Kazakhstan's new digital development minister Bagdat Mussin plans to reinforce the country's economy by expanding its crypto mining sector with a 300 billion tenges (approximately $715 million USD) investment.

Talks of expansion are already underway. On Wednesday, Mussin made the case that fueled by the country's access to cheap electricity, an extension to Kazakhstan's already successful mining operations could boost revenues higher.

[OutOfMemory]

And so it begins... sigh...

In other linguistic niceties https://github.com/bitcoin/bitcoin/pull/19770
RPC: getpeerinfo: Deprecate "whitelisted" field (replaced by "permissions") #19770 ... luke-jr wants to  ...
  

[WO] Whom the gods would blacklist...

linguistic niceties

“τὸ κακὸν δoκεῖν πoτ᾽ ἐσθλὸν τῷδ᾽ ἔμμεν' ὅτῳ φρένας θεὸς ἄγει πρὸς ἄταν”

I can't believe SJW rot has infiltrated Bitcoin Core, to the point they ACKED a merge to change "blacklist" to "blocklist".

For Bitcoin.

A blockchain.

...

Why the hell did they accept that? The request was done by a complete nobody, crazy.

^ The resulting comments are both hilarious and sad at the same time: https://github.com/bitcoin/bitcoin/pull/19897

Somehow, you and I and others missed this quietly slip through in June—a time when many projects were doing such goodthinkful Political Corrections:
https://github.com/bitcoin/bitcoin/pull/19227

The “blocklist” thing resulted in a terminological clusterfork, for the obvious reason that BobLawblaw stated.

For want of time to write an essay of my own right now, I will quote something insightful that I happened across in June from a four-digit slashdotter, after the OpenZFS lead dev suddenly renamed all of the “master/slave” variables:

https://developers.slashdot.org/comments.pl?sid=16559200&cid=60174924

Capitulation will not save you (Score:4, Insightful)

by rho ( 6063 ) on Friday June 12, 2020 @09:28AM (#60174924)

I strongly suspect the people who are pushing for these things fall into two camps. The first camp are people who genuinely want to control the language, and by proxy, thought. These are very dangerous people and should be resisted at all times. The second camp are people who genuinely want to do something so they can be a part of this current trend and feel like they are participating in a meaningful way. These are ordinary decent people, but are certainly influenced by the bluster and actions of the first camp.

Here's the thing, though. If you're in the second camp, your actions will not save you from the first camp. The authoritarians in the first camp are fundamentally about control, and if you stand in their way, your past actions will mean nothing. Anything less than complete subservience to whatever ideology is currently in vogue in the first camp, is treated as a viral attack and is stamped out with extreme prejudice. Your past capitulation will not serve you in the future.

Nobody--at least nobody with a lick of sense or proportion--actually thinks that changing "master/slave" to something else will accomplish anything of substance or real value. It's nothing more than a publicity stunt to demonstrate that you are not like those people over there, the racists. It's a signal of your adherence to the new narrative, nothing more. The authoritarians in the first camp will acknowledge your signal, and they now know that later you will be more likely to accept the next click on the ratchet. Make no mistake, however; when they ratchet it too far for you, nothing you did in the past will save you.

It's the behavior of cults, and used to great effect at controlling behavior. What's surprising is how many tech people are susceptible to it.

Worth to note.
There is some kind of "truth", based on science, that assumes that change of language changes thinking, finally changes behavior.
In my humble opinion, the (seemingly) racism-directed changes to tech terminology that the industry is going through now, is indirectly forced by reasons you were stating above.
The thing is, basically i asked myself if i really have a problem with that, and in turn i got aware of the dictation that lies within. I think it's not that critical, but changing terminology in the code and in the books won't get rid of a part of what was once a successful human survival strategy (fighting the different). This  is also the foundation for norms, that's why norms can be changed and used to control normal people.
If you're not normal (i don't mean this in any bad way), you naturally want to resist to these changes. I did too, still do a little hard to accept this, but this time it's acceptable, no need for a fart to become a storm. Still, the dynamics behind these changes can be very dangerous and need to be watched, especially by people that don't obey to norms, just because almost everybody else does. It's an expression of our (rather helpless) attempts to fight our own insecurities as humans.

"together we are strong" basically says it all. The price for "strength" is less diversity and more polarization.

EDIT: Time to make breakfast for the kids, so if the discussion goes on, i might join in again after dinner.
Have a nice day, observers

[El duderino_]

Kazakhstan to Make a $700 Million Bet on Bitcoin Mining.

Kazakhstan's new digital development minister Bagdat Mussin plans to reinforce the country's economy by expanding its crypto mining sector with a 300 billion tenges (approximately $715 million USD) investment.

Talks of expansion are already underway. On Wednesday, Mussin made the case that fueled by the country's access to cheap electricity, an extension to Kazakhstan's already successful mining operations could boost revenues higher.

There are smart countries 

[Last of the V8s]

Thanks to its oil-driven economy, Kazakhstan boasts some of the cheapest electricity in the world with prices as low as $0.04 per kilowatt-hour (kWh).

hmm doubleplus unideal. envirowhiner fodder. probably not in-country but still. not many giant rivers in the steppes. maybe needs more solar?