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

[bitserve]

Finally philip, I do appreciate some insights you provide, but turning WO into "mine ETH for BTC - Oh" is just not right.
Not to mention that I find your ratios totally misleading. Better off mining BTC, any day of the year, shit excluded.

Is it that much different than all the people mining FIAT with their workforce to buy Bitcoin? How did you buy yours? Do you even mine bro?

I know you do.. or did... but had to say that

[philipma1957]

1200/20000 in 2017 was 6%
510/18000 is 2.83333 %

Why do you insist on using US dollars?
If your goal is to acquire more BTC, then you should really use the BTC pairs.

In 2017, ETH/BTC pair was @0.152 BTC per ETH on June the 8th, or $404.99 at the time.
If you sold your ETH for BTC then, that would have been great.
On 11th of January 2018, ETH hit $1594.89 ATH, but at the same time its value in BTC was ~ 0.1
Now if you had sold 1 ETH on the 8th of June, kept the BTC for a few months, and sold it @19666, what would have been the outcome? ~$2400 for that single ETH?

This is a perfect timing example of course, but it is what it is.

And my opinion is that this will continue onwards for at least 40 days.

Currently ETH is still in a downtrend, so you must mean, after 40 days.

Satoshi came up with it.

Well he didn't know about ETH at the time, did he?


Finally philip, I do appreciate some insights you provide, but turning WO into "mine ETH for BTC - Oh" is just not right.
Not to mention that I find your ratios totally misleading. Better off mining BTC, any day of the year, shit excluded.

F*CKING SELL! RIGHT NOW!  

Good.
That noob should never had bought BTC, in the first place. Oh wait, he didn't.

here is the deal dollar per watt is how I pay the power bill.

so
 if gpu to eth to btc cost me 1 dollar to get 2 dollars worth of btc
and asic to btc cost me 1.5 dollars to get 2 dollars worth of btc

mining eth is better.

Most people on this thread buy and hodl or trade a bit. some mine.

I Never said I hodl eth.
I look at power cost to get btc.

Since power cost is in usd for now I base on usd.

this is about power cost for me. not eth. or doge or ltc

I don't care about those coins other then their ability to get me btc cheaper then directly mining btc.

Look if you don't mine and want to avoid all coins,  but btc I am fine with that.



to be fair as soon as I can pay my power in btc I will no longer show usd numbers

[cAPSLOCK]

I dunno...$18k-$19k seems to be a top retail price for most. Seems most dont want to buy at higher prices.  Just institutions sucking up all the mining supply.
Anyway..best guess on a possible correction pattern.

#dyor

D

#stronghands

You just drew exactly the way I have idealized this to go.  I think in part based on the idea that it mirrors 2016's drop after breaking the 1K ATH. 

The two thoughts that make me wonder are:

-  It happened once that way... why would it just do it again?
-  This is a different game.  The players have a different strategy, and MORE CASH.

[d_eddie]

d_eddie, that 15000 hat of yours, is so out of style.

15k stable
end of year brings ATH
time to change my hat

#haiku

That's right, sorry I'm lagging behind. Need to poke our Official Hatter

[philipma1957]

back to new records.   all from this thread link

https://bitcointalk.org/index.php?topic=138109.0

nov 2020 is the only month to always be over 13,000

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  15,652
2020-11-12  15,939  
2020-11-13  16,279
2020-11-14  15,982
2020-11-15  15,972
2020-11-16  16,409
2020-11-17  17,260
2020-11-18  17,874
2020-11-19  17,792
2020-11-20  18,370
2020-11-21  18,710  Nov 2020 the only month to ever stay above 13,000

Nov 6   to Nov 21

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  15,652
2020-11-12  15,939  
2020-11-13  16,279
2020-11-14  15,982
2020-11-15  15,972
2020-11-16  16,409
2020-11-17  17,260
2020-11-18  17,874
2020-11-19  17,792
2020-11-20  18,370
2020-11-21  18,710 longest streak over 15,000

[aesma]

Finally philip, I do appreciate some insights you provide, but turning WO into "mine ETH for BTC - Oh" is just not right.
Not to mention that I find your ratios totally misleading. Better off mining BTC, any day of the year, shit excluded.

You can't mine BTC with GPUs right now. You need to buy expensive ASICs, that become worthless quickly.

I got my BTC stash in 2013 by mining LTC and selling it for BTC. I never cared for LTC, but that was the way to do it with less risk back then, and even truer right now, because at least the PC hardware was worth something when mining wasn't profitable anymore.

[philipma1957]

Finally philip, I do appreciate some insights you provide, but turning WO into "mine ETH for BTC - Oh" is just not right.
Not to mention that I find your ratios totally misleading. Better off mining BTC, any day of the year, shit excluded.

You can't mine BTC with GPUs right now. You need to buy expensive ASICs, that become worthless quickly.

I got my BTC stash in 2013 by mining LTC and selling it for BTC. I never cared for LTC, but that was the way to do it with less risk back then, and even truer right now, because at least the PC hardware was worth something when mining wasn't profitable anymore.

I know but you just can't make them understand how good

gpu to eth to btc is at the moment.

Buy a new card 3 year warranty. I still mine with 1080ti's from dec 2017 and they turn profit.

[Searing]

I feel like such a fag right now.

Bought $500 worth of corn on Paypal, for, reasons (?) and it's now worth $503 or something.

Winning ?

EDIT: OK. Bought another $500 worth of corn on Gemini to cleanse my spirit, and balance the karmic scales.

I bought $100 on paypal today also, bought like $50 about 2 days ago....so now if i have 'duboius' spending urges I just buy some paypal btc I guess

rather than a 'dubious' Amazon product/book/or whatever

progress of a sort I guess...though...with paypal the only way out is to spend the above..but hey....showing it is worth $156.80 above fees etc

win/win

brad

[Biodom]

Finally philip, I do appreciate some insights you provide, but turning WO into "mine ETH for BTC - Oh" is just not right.
Not to mention that I find your ratios totally misleading. Better off mining BTC, any day of the year, shit excluded.

You can't mine BTC with GPUs right now. You need to buy expensive ASICs, that become worthless quickly.

I got my BTC stash in 2013 by mining LTC and selling it for BTC. I never cared for LTC, but that was the way to do it with less risk back then, and even truer right now, because at least the PC hardware was worth something when mining wasn't profitable anymore.

I know but you just can't make them understand how good

gpu to eth to btc is at the moment.

Buy a new card 3 year warranty. I still mine with 1080ti's from dec 2017 and they turn profit.

People in general have no idea how it was done way back when and even now.
Granted, you need a significant number of cards to produce something significant, but to mine eth to exchange for btc is totally legit.
Sometimes you mine a failure like that grin fiasco (so far), but if you have a spare GPU-why not (in reference to eth, then exchange)?

[SiNeReiNZzz]

[JohnBitCo]

[xhomerx10]

Sorry, I'm slipping a bit lately.  Made this one a week ago but forgot to post it. 

Introducing BlackHatCoiner



avatar-sized



Welcome to the WO thread!

[xhomerx10]

d_eddie, that 15000 hat of yours, is so out of style.

15k stable
end of year brings ATH
time to change my hat

#haiku

That's right, sorry I'm lagging behind. Need to poke our Official Hatter

  You are lagging behind! Does that put me two steps ahead?

I have a hunch that before year's end I'm gonna be able to change my hat. It's getting stuffy

 Why wait until the new year?

[philipma1957]

Finally philip, I do appreciate some insights you provide, but turning WO into "mine ETH for BTC - Oh" is just not right.
Not to mention that I find your ratios totally misleading. Better off mining BTC, any day of the year, shit excluded.

You can't mine BTC with GPUs right now. You need to buy expensive ASICs, that become worthless quickly.

I got my BTC stash in 2013 by mining LTC and selling it for BTC. I never cared for LTC, but that was the way to do it with less risk back then, and even truer right now, because at least the PC hardware was worth something when mining wasn't profitable anymore.

I know but you just can't make them understand how good

gpu to eth to btc is at the moment.

Buy a new card 3 year warranty. I still mine with 1080ti's from dec 2017 and they turn profit.

People in general have no idea how it was done way back when and even now.
Granted, you need a significant number of cards to produce something significant, but to mine eth to exchange for btc is totally legit.
Sometimes you mine a failure like that grin fiasco (so far), but if you have a spare GPU-why not (in reference to eth, then exchange)?

I know it seems to some that I am off topic but the topic is btc/usd pairs.  

and I am simply more round about with steps in-between.

bank > cash > buy btc > hodl


bank > cash > mining gear > mine eth >(sell some eth to bank to pay power) > convert REST to btc > hodl

and of course

mine some btc directly but only with asic gear purchased with cash via PayPal .

and constantly compare my ratios as to which to mine with more gpus or ASICs.




not different both start with fiat in a bank and end with btc.

I do more steps and much less risk.
In fact basically can't lose.  But my gains are smaller.

SO BASICALLY I AM CASH TO BTC which is the title of the thread.

And Micro manage everything except hodl btc.

[bitebits]

I just destroyed over 1,000 bitcoin days myself, but I didn’t sell any..

Me too.. I moved 18500usd paying a 10cent fee

Savages.

[JayJuanGee]

Last time I checked this was a BTC/USD thread..

Please remind yourself of that next time you post some bs "pictures" indicating nothing, but I digress.

You do "digress", and you seem to be quite bitter too, for some reason.

You see, you are prone to some 'funzies' after all.

I am not opposed to funzies.. so long is it is not pumping shitcoins or trying to make some kind of denigration of bitcoin in compared to some shit project... blah blah blah.

BTC/USD is affected by other things in the market, don't you think?

Is anyone saying to refrain in your discussion of shitcoins if it has some kind of BTC/USD connection.. of course, you should not feel stifled in that direction.

Besides, this thread was "political" for two weeks.

Politics is a whole other animal..

It's like we have had this conversation a zillion times, but you still want to justify a squeezing in some kind of shitcoin discussion?

Where were your strong objections then?

We can talk about anything in this thread as long as it is not pumping shitcoins.. that seems to be the custom in these here parts...

Don't you know nuttin, yet, Biodom?

I dare to say that you probably lost your bag on some shitcoin, hence being so bitter about it.

Nope.. dare as you must with your unfounded speculation...   and persistent attempts to cause a shitcoin discussion..

Bitcoin has been berry berry good to me.

[VB1001]

Big size: https://i.imgur.com/cnrc4lo.png

Updated New Hat: BlackHatCoiner
Updated www.wohats.com
Nº Hats: 140

Completed row, 140 Hats

[Cryptotourist]

I know but you just can't make them understand how good

gpu to eth to btc is at the moment.

Buy a new card 3 year warranty. I still mine with 1080ti's from dec 2017 and they turn profit.

Well, I did mine for one whole year - 2018 - with GPU's, and ETH was the first thing I mined.
I do understand that 2018 was not a happy year for mining, but I did get my sample. But the best thing I did, was to sell the hardware exactly "on time", and allocate the funds back to BTC. Expensive electricity you see. Also mined a few dozen shitcoins - just because.

Now if you're ideally set up (solar farm) - of course your ROI is far better.

You can't mine BTC with GPUs right now. You need to buy expensive ASICs, that become worthless quickly.

I got my BTC stash in 2013 by mining LTC and selling it for BTC. I never cared for LTC, but that was the way to do it with less risk back then, and even truer right now, because at least the PC hardware was worth something when mining wasn't profitable anymore.

And that's how I got introduced into crypto. Same year, same coins. Free electricity. [sigh]

Is it that much different than all the people mining FIAT with their workforce to buy Bitcoin?

Nice equivalence. No, but it's best to have a well payed job, instead of a really shitty one.

Sometimes you mine a failure like that grin fiasco (so far), but if you have a spare GPU-why not (in reference to eth, then exchange)?

Ha! you got me there. I'm somewhat butt hurt about that. I've done my best (I sold-hold some), but so did that coin crashing. So far.


My whole point was - in case you guys missed it - that I don't think we should engage with such mining details (ETH all over the place) ... here, on this thread.
Over & out.

[VB1001]

I've been thinking about this for a long time, the list of hats on the left side of wohats should be divided, I think I'm going to make two lists.

List 1
- WO Hats

List 2
- Forum Hats

Who will be on list 1? the regulars and those who think or want to be on the WO 1 list.
All hats are authentic xhomerx10, but some are fixed users of the WO thread and others want a beautiful hat on their avatar, but they hardly ever post to Wall Observer.
xhomerx10 do you agree? and the hats of Wall Observer that say?

It is the first fork wohats

There is no problem in continuing like this and not making any changes, but the history of hats begins in this thread, there is a post on wohats clarifying this:

Because a Hat
The hats are mostly part of the Wall Observer thread, they were born there, this thread is 100% Bitcoin, if you frequent the thread you will have seen that only Bitcoin is talked about.

Therefore, if you are interested in a hat, I can only think of two reasons:

- Or do you want to be part of WO
- Or do you like the hats that xhomerx10 designs

https://www.wohats.com/2019/09/because-hat.html

[Arriemoller]

The new GrkPbv 90- Mjölner (GrkPpv=Granatkastarpansabandvagn=Grenadelauncherarmoredtrackedcarrier) has now been delivered and the first shots in service has been fired.
https://youtu.be/5L-PB-yMKuM