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Question: Is the "bear market" over?
Yes - 20 (51.3%)
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No - other (explain below) - 7 (17.9%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26973613 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 1 users with 9 merit deleted.)
bitcoinPsycho
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$220000 in one hour confirmed


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November 11, 2020, 05:50:25 PM

EatonABooger
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November 11, 2020, 05:50:26 PM

Another attack on $16k in progress...  Cool  hold on to your butts...

Great.... staring at the ticker again.... not work getting done.


xhomerx10
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November 11, 2020, 06:01:19 PM

Bob, are you coins somewhere there?

Nothing on the board yet. Have coins loaded onto an exchange ready to do whatever, whenever.

Rick and I agreed that we'd both settle on a sell price together, and decided to reconvene at $16k USD/BTC for a sell decision, or let it ride some more.

 Let it ride!
hisslyness
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November 11, 2020, 06:07:45 PM

Another attack on $16k in progress...  Cool  hold on to your butts...

Great.... staring at the ticker again.... not work getting done.




Bitcoin price goes up == Productivity goes down
600watt
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November 11, 2020, 06:10:53 PM

AYH

 Kiss
dre1982
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★Bitvest.io★ Play Plinko or Invest!


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November 11, 2020, 06:11:42 PM

Just noticed a $15991 on Bitstamp.  The $16000 is getting close.  Cool
serveria.com
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Privacy Servers. Since 2009.


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November 11, 2020, 06:15:29 PM

This erratic false-bull activity is going to hurt a lot of people who fail to exit now or enter into highly leveraged short positions. Use your science brains, people. Don't be fooled by fake news data.

But... but.... I was told by some llama BTC is never going to exceed $10k ever again in it's history (math and science you know) and sold my entire stash at $9999... what am I gonna do now? What should I do the great llama please advise?  Grin Grin Grin
philipma1957
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November 11, 2020, 06:16:50 PM

This erratic false-bull activity is going to hurt a lot of people who fail to exit now or enter into highly leveraged short positions. Use your science brains, people. Don't be fooled by fake news data.

This is why bitcointalk is great.

So far you are the perfect example of a strong unchecked ego attempting to alter the reality to the one you see fit.

Now in the case of the miners that were going to quit the strong willed miner that led them out of the darkness was a hero.


Will this be true of you in the next 10 years.

Will crypto be crushed and you will have saved a few.

Or will crypto sail past the moon past mars and "to infinity and beyond" a quote from toy story.

I have no idea if crypto will crash and burn in the next 10 years.

I am clueless about that. But I do admire your steadfast attack on it.

Keep on posting maybe you are another hero miner from Chile or a fucking moron who needs his ego to be completely smashed to dust.

Time will tell  if you are a hero or a zero.
xhomerx10
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November 11, 2020, 06:20:58 PM
Merited by JayJuanGee (1)

This guy is so far behind that it's comical!

 https://www.coindesk.com/bridgewaters-dalio-sees-governments-banning-bitcoin-should-it-become-material

"Ray Dalio, the founder and co-chairman of Bridgewater Associates, the world’s largest hedge fund, said he sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments will “outlaw” them should they start to become “material.”"
Torque
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November 11, 2020, 06:22:55 PM

Hey philipma1957, any thoughts on when Bitcoin hashrate will be back up to October levels?
Toxic2040
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November 11, 2020, 06:23:53 PM

new yearly highs gentlebeings


#dyor


1h


4h

#stronghands

philipma1957
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'The right to privacy matters'


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November 11, 2020, 06:27:20 PM
Last edit: November 12, 2020, 02:04:03 PM by philipma1957
Merited by JayJuanGee (1), Torque (1)

2020-10-21  12,584
2020-10-22  12,963
2020-10-23  12,914
2020-10-24  13,053
2020-10-25  13,077
2020-10-26  13,063
2020-10-27  13,446
2020-10-28  13,372
2020-10-29  13,321
2020-10-30  13,406
2020-10-31  13,766

2020-11-01  13,762
2020-11-02  13,545
2020-11-03  13,632
2020-11-04  13,908
2020-11-05. 14,937
2020-11-06  15,570
2020-11-07  15,076
2020-11-08  15,255
2020-11-09  15,364
2020-11-10  15,325
2020-11-11  15,562
note pulled info from here


https://bitcointalk.org/index.php?topic=138109.msg55488187#msg55488187

as I noted in an earlier post
 { https://bitcointalk.org/index.php?topic=178336.msg55491561#msg55491561 }

 the  best streak of above 12,584

was from 2017-12-06 to 2018-01-15  that was 41 days

so 21 down and 20 to go.

   This will be a really nice streak to break.

  If we stay hot we break the streak on Dec. 2, 2020

so 2020-12-02 here we come.




We also are developing a second streak Nov 1 on is above 13545

we have never had a full month from day one stay above 13000. I for one want to see both things happen.

and we are unfolding a third streak more on that later.

At Torque

"Hey philipma1957, any thoughts on when Bitcoin hashrate will be back up to October levels?"


assuming the hot streak continues 3-5 jumps. this one is +5%


Quote
https://diff.cryptothis.com/

Latest Block:   656476  (6 minutes ago)

Current Pace:   105.2265%  (1277 / 1213.57 expected, 63.43 ahead)

Previous Difficulty:   19997335994446.11                            
Current Difficulty:   16787779609932.66                            
Next Difficulty:   between 17554700692391 and 17680077718262
Next Difficulty Change:   between +4.5683% and +5.3152%
Previous Retarget:   November 3, 2020 at 3:17 AM  (-16.0499%)
Next Retarget (earliest):   Monday at 10:36 AM  (in 4d 21h 2m 56s)
Next Retarget (latest):   Monday at 12:51 PM  (in 4d 23h 17m 29s)
Projected Epoch Length:   between 13d 7h 18m 40s and 13d 9h 33m 13s

 
copy stats to clipboard


Last summer pre covid 2019 we peaked at 13,000+ a coin and blocks were 12.5 coins and the diff was 9.0t

the diff is now 16.79t  

price is 16k vs 13k I am rounding.


so 16.79/9 = 1.8655 harder 2 find a block and coins are ½ so 2 x 1.8655 = 3.731 worse for a miner factor price move to 16 from 13  1.23 better

so 3.731/ 1.23 = 3.03 worse the last summer when we hit 13k  do one more factor gear may be 50 watts vs 80 watts

so 80/50 = 1.6

3.03/1.6 = 1.893 x 1 worse for miner then july 2019 when we hit 13000.

long translation our 16 k price needs to be at  28-31k  for a miner to be doing as good as when we were at 13k last year.


How much pressure is that for upwards price or upwards diff  or both.

Basically your  anti-proudhon movement it the fun part for me to play head games with myself.

600watt
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November 11, 2020, 06:33:43 PM

This guy is so far behind that it's comical!

 https://www.coindesk.com/bridgewaters-dalio-sees-governments-banning-bitcoin-should-it-become-material

"Ray Dalio, the founder and co-chairman of Bridgewater Associates, the world’s largest hedge fund, said he sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments will “outlaw” them should they start to become “material.”"


common reaction of pre-coiners. I missed the train, that stuff must be criminal and that is why I didn't buy.



side note: bitcoin rises seems to correlate with USD loosing strength. 2017 for example was a very bad year for the dollar. the pumps of 2020 were also correlated in that way so far. I sometimes check not the btc price but the Euro/USD and it is sometimes correlated up/down to the same minute.  for the last few days though, the USD is getting stronger vs all other fiat currencies but bitcoin has risen anyway.  


16000 in 3...    2.... 1....
ghandi
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November 11, 2020, 06:35:28 PM
Merited by 600watt (1)

Haven't been around here since 2 years. But before the ATH i need to log back on! Cheesy
vapourminer
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what is this "brake pedal" you speak of?


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November 11, 2020, 06:38:40 PM

I think we'll go just a little bit over $16k and stay there for a short time, before going back under $16k.

But then we won't stay in the $15xxx land for long either. Maybe a day, maybe less.

Then we'll go into $16k for good.

remember when 16k was a big deal? now its just "meh"
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November 11, 2020, 06:40:18 PM
Merited by Wexlike (1)

I think we'll go just a little bit over $16k and stay there for a short time, before going back under $16k.

But then we won't stay in the $15xxx land for long either. Maybe a day, maybe less.

Then we'll go into $16k for good.

remember when 16k was a big deal? now its just "meh"

Remember when we couldn't stay above 9k, over and over again?
philipma1957
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November 11, 2020, 06:49:11 PM

I think we'll go just a little bit over $16k and stay there for a short time, before going back under $16k.

But then we won't stay in the $15xxx land for long either. Maybe a day, maybe less.

Then we'll go into $16k for good.

remember when 16k was a big deal? now its just "meh"

Yes as I show above it is decent for a miner but not as good as 13 k was in July of 2019
philipma1957
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November 11, 2020, 06:52:52 PM

I think we'll go just a little bit over $16k and stay there for a short time, before going back under $16k.

But then we won't stay in the $15xxx land for long either. Maybe a day, maybe less.

Then we'll go into $16k for good.

remember when 16k was a big deal? now its just "meh"

Remember when we couldn't stay above 9k, over and over again?

yes and it was really borderline for me to:


 mine at 7500
 a grind at 9000
I will take these 15000-16500 numbers all day long
Toxic2040
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November 11, 2020, 07:00:31 PM

short fib change ups

#dyor




#stronghands


----

Haven't been around here since 2 years. But before the ATH i need to log back on! Cheesy

wb

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Phil_S
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We choose to go to the moon


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November 11, 2020, 07:00:57 PM

We sure got there fast...

I expected modest gains, like maybe reaching 13k by the end of 2020.
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