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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$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 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23509105 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. (148 posts by 37 users deleted.)
Cryptotourist
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September 27, 2020, 05:49:57 AM

I suspect the exchanges of the world have 10 to 20% of the coins they claim to have.

I imagine most volume is based on reserves they dont actually have.

That's why I make sure, any friend who buys BTC, to take it off exchanges.
I'm literally like "if you want the price to go up, take it out from there, pronto". [that, and the "not your keys" angle]



Seems that one wall observer peep understands my memeriology practices.

Better make that two Jay. Grin



Cowboys and aliens,
megalith observing too,
such special place.


#haiku
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September 27, 2020, 05:58:49 AM
Merited by Febo (3), fillippone (2), vapourminer (1), JayJuanGee (1), AlcoHoDL (1)

Clear facts about Bitcoin Yearly Lows.  Cheesy

  • year: Calendar year
  • btcprice: Lowest price of Bitcoin each year.
  • percent_change: % of changes in bitcoin price between 2 consecutive years.

Results:
  • In 11 observed years (2010 to 2020), 10 years witness higher yearly low price of bitcoin. The only exception is year 2015 which has 73.3% lower price compares to the price of 2014.
  • Median (interquartile range): 66.1 (13.7 - 92.5). In 50% of those years, bitcoin lowest price (yearly) increase ~66%


Raw data
Code:
    +----------------------------------+
     | year   btcprice   percent_change |
     |----------------------------------|
  1. | 2010        .01                . |
  2. | 2011         .3            96.67 |
  3. | 2012          4             92.5 |
  4. | 2013         65            93.85 |
  5. | 2014        260               75 |
     |----------------------------------|
  6. | 2015        150           -73.33 |
  7. | 2016        350            57.14 |
  8. | 2017        780            55.13 |
  9. | 2018       3122            75.02 |
 10. | 2019       3322             6.02 |
     |----------------------------------|
 11. | 2020       3850            13.71 |
     +----------------------------------+

Summary
Code:
   variable |         N      mean        sd       p50       p25       p75       min       max
-------------+--------------------------------------------------------------------------------
percent_ch~e |      10.0      49.2      53.4      66.1      13.7      92.5     -73.3      96.7
----------------------------------------------------------------------------------------------

Plots
JayJuanGee
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September 27, 2020, 07:02:19 AM

Seems that one wall observer peep understands my memeriology practices.

Better make that two Jay. Grin

You are too kind - I blush.




Can we now go back to ad hominems?

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September 27, 2020, 07:37:17 AM


Quote
The Bitcoin network has passed 18,500,000 BTC in circulation. 
Less than 2,500,000 left and half of those will be mined in the next 4 years.
https://twitter.com/ChartsBtc/status/1310050097187581953



https://i.imgur.com/A5L2vpn.png

Cat hat/fuck your money Cheesy, he wants to retire, he no longer wants to work,
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September 27, 2020, 07:40:28 AM

Quote
Bitcoin has historically seen big price rallies when then Miner Position Index crosses over 0. It has just done that.


https://twitter.com/TheCryptoLark/status/1310060754737881091
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September 27, 2020, 07:51:17 AM

If you want to see data behind the upcoming decoupling of BTC from the stock markets powered by BTC's internal adoption, here's some @glassnode data. This is the active users of BTC after filtering for unique players (ignores multi wallet addresses belong to one entity).

https://twitter.com/woonomic/status/1309837877363257344?s=21
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September 27, 2020, 08:05:03 AM

For anybody who are not familiar with megalith sites i'm going to post some of them. There are many more available from sites around the world. High advanced technology is required to build this and they did this thousands of years ago. How the fck they managed to bend those stones, the angles the precision is mindblowing. People lived like cavemen during that time and i refuse to believe they pulled this off with just a hammer and a chisel. If we know how to build like that we would see European medieval castles the same way i mean they where not able to translate that kind of intellect in otherday use cases, which means it would be constructed by A: a much older human civilization ore B: the Sumerians where right about those sky gods ore giants. When corn tops out next year ore so i'll cash out some and start traveling not only to for example the Bahama's, also to these places to see it with my own eye's. This will be my last post about this subject, i just wanna make people aware that Earth history is full with mysteries.


That is quite simply to explain. The history books are full of shit because some people don't want you to know what happend on this planet for real.

Example: Great Pyramids of Gize were not build by Egyptians, even Aristoteles and Plato wrote, that the Egyptians told and showed him, that they inherited those monolitic structures with the math to that and they are bound to preserving them. There are some quite good engineers from different disciplines who all say, that this is not possible with bronce chisels and stones, hence material used in the pyramids and southern America is near adamantine and much, much older (in the six figures) then stated. Even modern techniques of building are not near to the precision of the pyramids, despite a lot of engineers tried to rebuild those structures and all failed even with modern tools.

My two cents for that  Grin

My late mom in law on her death 💀 bed pulled me and her daughter close to her and said to us “they lie”

we asked who is lying she then said “ the ones in charge”.

I always remember that moment back in dec 1994.

I could write ten thousand lies i have seen heard or read from governments news shows etc. since that day.

so here are some merits bro.

Thanky you, highly appreciated  Grin Grin Grin
I am in Megalithic structures since some years and we have in middle Europe tunnels and caves which are build with a precision, despite being kilometerwise long, that modern engineers can not explain. One engineer investigating the topic and he found some evidence that shocks the most story tellers and history book writers. There is a yearly conference of megalithic structures, i can reconmend the DVD's.
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September 27, 2020, 08:06:46 AM
Merited by JayJuanGee (1)

-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.
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September 27, 2020, 08:58:00 AM
Merited by vapourminer (2), JayJuanGee (1), Toxic2040 (1)

Its about the almighty coin here and not about pseudo religious topics.
http://bitcult.faith/

A lot of entities here favor worshiping the new money god that is bitcoin.
And these entities would like everyone else to follow suit and worship the same.
Such conduct is sin and corruption.
Lo!  Unwittingly as if possessed, I had acted in loyal service of the new money god that is Bitcoin!  ’Twas for that, the Divine Bitcoin lavished me with this compliment as a reward:

Nullius' sole objective is to facilitate the mass adoption of bitcoin.
A reward—and a guiding light, showing me to my true calling.
I ought to work more on this channelling of inerrant divine inspiration:
I. The Basic Laws of Bitcoin
[...]
The god of Bitcoin grants unto you full power over yourself:  No king, no priest, no judge, no senate, and no army can command or countermand your decree over your own bitcoins, as signed with the sacred mark of your private keys.

The god of Bitcoin demands that you take full responsibility for yourself:  For it is a law of Nature and Bitcoin that power and responsibility are as two sides of the same coin.

The god of Bitcoin commands, you shall keep safe your private keys.  An ye lose your private keys, the god of Bitcoin shall curse ye.  An ye let your private keys be stolen, the god of Bitcoin shall bless the thief and curse ye.

The god of Bitcoin demands obedience to the divine Law of Consensus.  The damned who hardfork without consensus are renegades, abjurers of holiness, rapine oath-breakers, frauds, sowers of discord, and traitors, who shall be consigned damnatio memoriae with their chains to eternal poverty within the depths of Tartarus, where all hashes are broken and all bits are made nothing.
[...]
The principal reason why I dropped it was my realization that too many dollar-worshippers seriously accuse Bitcoiners of a “cult mentality”.

The bottom line is that men create gods in their own images; and as societies change, so do their concepts of divinity.
So this is the true manifestation of your one true GOD! ~ The first meme in MSpaint Smiley



And this is his word ~ satoshi's whitepaper:



One in every hotel room, right? Wink
Makes me want to go to church.
https://bitcointalk.org/index.php?topic=5278491

To leave on a political note:


https://www.reddit.com/r/Bitcoin/comments/j03s1m/the_holy_grail_of_life
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September 27, 2020, 10:44:36 AM
Last edit: September 27, 2020, 11:52:16 AM by Phil_S
Merited by Toxic2040 (1)



fixed
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September 27, 2020, 10:48:16 AM

Good morning WO!
Observing @ $10,670
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September 27, 2020, 10:50:46 AM

Being your own bank comes with great responsibility. Crypto is not for careless people.

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September 27, 2020, 11:14:46 AM



That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.
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September 27, 2020, 11:51:26 AM
Last edit: September 27, 2020, 12:19:39 PM by Paashaas

That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.

LOL, France didn't even existed thousands of years ago and yet those structures where already there.
I don't believe it because the Maya's/Inca's was a civilization building there sites ontop of a much more advanced civilization same with the Egyptians.
Here are some examples, you can clearly see the differences in technology. Like i said before the maya's/Inca's where not responsible for those megaliths.

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September 27, 2020, 11:59:06 AM
Last edit: September 27, 2020, 12:10:10 PM by AlcoHoDL
Merited by JayJuanGee (1), Toxic2040 (1)

Instead of haikus,
I see motherfucking rocks,
Solid, and with holes.

Aliens or not,
Whoever built those big rocks,
Knew something we don't.

It all seems crazy,
Like Grigori Perelman,
With his famous proof.

"All 3-manifolds,
Simply connected and closed,
Lead to a 3-sphere."

Henri stated it,
The crazy Russian proved it,
While picking mushrooms!

It all sounds coo-coo,
But not to everybody.
Seek, and ye shall find.

Gravity to rocks,
As hash power to Bitcoin,
Keeps fuckers away!

#7sundayhaikus
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September 27, 2020, 12:02:35 PM

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

Quote
Machu Picchu is believed to be built starting 1450–1460. Construction appears to date from two great Inca rulers, Pachacutec Inca Yupanqui (1438–1471) and Túpac Inca Yupanqui (1472–1493).

I wouldn't call that ancient.
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September 27, 2020, 01:37:41 PM

My 2c about Saylor's buy of $425 mil in btc.

Contrary to everybody's enthusiasm, I found it troublesome.

1. The smart way of buying would be buying calls, then be aggressive, not making 20K tiny tx. If you have calls, then you don't care much if market moves or not as a result of your buying.

2. How he was able to find $425mil sellers without moving a market? It's not like all other buyers and sellers disappear.

Something does not compute.
To me this is an indication that market has some re-hypothecated btc and large portion of the volume is such "imaginary" btc.
It does not matter that he was able to withdraw. It simply means that they re-hypothecated even more and injected those back to exchanges.

I suspect the exchanges of the world have 10 to 20% of the coins they claim to have.

I imagine most volume is based on reserves they dont actually have.

I'm glad to see others having the same thoughts, I've suspected this as well for a long time now.
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September 27, 2020, 01:48:39 PM
Merited by JayJuanGee (1)

That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.
(More stuff)

Keep in mind the only reason we see these buildings is because they are still around. They were found to be "beautiful" and didn't collapse over time. For every one of these examples there is 1000+ failures that are erased forever.

So you do have a self selection bias. Add to that weathering (things round over time), compression (things like rocks can mold into a shape over time) and just plain luck and you have the ancient aliens stuff.

Imagine what will survive from our culture for 10,000 years. Stainless steel butt plugs and dildos. Maybe they will think they are god-images.

Maybe they are.
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September 27, 2020, 02:32:33 PM



That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.

France didn't even know that there ware stars in the sky when those structures have been built  Grin Grin Grin
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September 27, 2020, 02:33:41 PM

That's Machu Picchu, and it's not that old.

Notre-Dame de Paris is centuries older than that, believe it or not.

Hagia Sophia is like 1000 years older.

LOL, France didn't even existed thousands of years ago and yet those structures where already there.
I don't believe it because the Maya's/Inca's was a civilization building there sites ontop of a much more advanced civilization same with the Egyptians.
Here are some examples, you can clearly see the differences in technology. Like i said before the maya's/Inca's where not responsible for those megaliths.


Correct, and the rule is quite simple. The more precise and the bigger the single monolithic blocks = the older the structure is  Wink
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