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

[JayJuanGee]

Happy new year from here in Germany... Hopefully at the end of the next year, most of us can be go into retirement...

people have all kinds of entry levels - including some peeps that might not have stacked enough sats in order to prepare for this kind of UPpity, either they might not have believed it to be possible or they might simply have not been a position in which they could stack away any more sats than what they were stacking.

So yeah, all kinds of levels including likely a lot of new entrants coming into the space - and there might be some benefit and/or preference in giving back, even if some of the earlier forum members may become a lot less worried about the DOWNity corrections that might come, because they are set even with the more sever of downward BTC price corrections.  The 208 week moving average is getting close to moving up $100 per week at this point, and it is currently at about $7,700  - so that seems to be the most extreme of down that could happen (such as during extreme BTC price corrections), but at this point we seem to be in an UPwardly moving direction, so we might be surprised to get any prices in the near term that is even double the 208 week moving average, whereever it might end up going by the time such correction were to occur.

Even sub-$20k prices (in terms of predicting a BTC price correction - that would be around a 33% plus correction if we use $29,544 as our baseline) are seeming quite bearish at the moment, and I am not even suggesting that they seem to be very likely, currently.. even though historically we have seen 30% to 40% spontaneous BTC price corrections that happen during past bull runs, and such corrections might be quick or they might drag on for several weeks, even during bull runs similar to the one that we are currently having.

[JimboToronto]

So ammonium nitrate is an oxidizer, so you cannot put out an ammonium nitrate/sugar mix that's burning with water or powder or any other fire extinguisher. So how do you put it out?

asking for a friend.

Do what the fire department does with a burning magnesium engine block... keep it from spreading and let it burn itself out.

Too large an amount.. GTFO before it goes Beirut or Texas City.

[lightfoot]

Another option is cool it below the ignition point. Liquid nitrogen would be a start.

[Arriemoller]

So ammonium nitrate is an oxidizer, so you cannot put out an ammonium nitrate/sugar mix that's burning with water or powder or any other fire extinguisher. So how do you put it out?

asking for a friend.

Do what the fire department does with a burning magnesium engine block... keep it from spreading and let it burn itself out.

Too large an amount.. GTFO before it goes Beirut or Texas City.

Yeah, hat's what we hypothetically did too, next time it might be a good idea to divide the big batch into smaller batches and store them safely.

Mmm a texas bbq sausage and a glass of milk, now I will sleep like a slightly drunk baby.

[philipma1957]

So ammonium nitrate is an oxidizer, so you cannot put out an ammonium nitrate/sugar mix that's burning with water or powder or any other fire extinguisher. So how do you put it out?

asking for a friend.

fire blankets

[Arriemoller]

Another option is cool it below the ignition point. Liquid nitrogen would be a start.

Not a bad idea, he could have a bottle in the garage as a special fire extinguisher.

[Arriemoller]

How long does it stay cool in one of those bottles?

[JimboToronto]

Another option is cool it below the ignition point. Liquid nitrogen would be a start.

I thought about adding the use of a CO2 fire extinguisher (basically dry ice) but only for a very small amount.

Who has liquid nitrogen handy?

fire blankets

Good for letting it burn out.

[Arriemoller]

So ammonium nitrate is an oxidizer, so you cannot put out an ammonium nitrate/sugar mix that's burning with water or powder or any other fire extinguisher. So how do you put it out?

asking for a friend.

fire blankets

Not unless they are magic blankets, you can't suffocate a fire that has it's own oxygen supply.

[lightfoot]

Another option is cool it below the ignition point. Liquid nitrogen would be a start.

I thought about adding the use of a CO2 fire extinguisher (basically dry ice) but only for a very small amount.

Who has liquid nitrogen handy?

I sometimes do. Esp if making ice cream or working on stuff.

[Arriemoller]

An Error Has Occurred!
Deleting just any posts in this board is not allowed.

WTF?

[Arriemoller]

Well, it has been a fun and eventful night, tomorrow I'm gonna check out rocket making, it shouldd be possible to make a shoulder mounted rocket with a smoke grenade as a warhead shouldn't it.

Later dudes.

[vapourminer]

Who has liquid nitrogen handy?

https://www.pcgamer.com/overclocking-a-cpu-to-7-ghz-with-the-science-of-liquid-nitrogen/

happy new year yall

[vapourminer]

Who has liquid nitrogen handy?

https://www.pcgamer.com/overclocking-a-cpu-to-7-ghz-with-the-science-of-liquid-nitrogen/

happy new year yall

[JayJuanGee]

Those who were inclined to sell instead of hold will likely have sold to Fortress Investments or one of the other large companies who've been buying up claims at a massive discount over the last couple of years.

Andy Pag who was the organiser of Mt.Gox Legal sold has claim to one of those vulture companies. He had a claim for around 105 BTC, for which he received a mere $63,000.

Had he held, his claim today would be worth at least 15.75 BTC+BCH (~$454,000) plus a cash component worth around $46,000.

Side note, it's stated in one of the docs that the trustee will dump all other forks for cash. Wouldn't want to be jbreher right now!

Yep.. for sure, jbreher and some of the other bcasher diptwats must be feeling in a bit of an awkward position currently, sure it seems that bcash sv is ongoingly dumpening even more than the regular bcash, but they are both dumpening pretty damned good and unendingly in recent times.  Sure, due to their low liquidity, they could pumpening at anytime too with a relatively low amount of capital, but even if it does not take a lot of capital to pumpening them, does not guarantee that any of those shitcoins will end up getting pumpening'ed. 

In sum: The shitcoiners.. hopening for a pumpening'ing that might not be happening to a sufficient UPpity level to offset the amounts of the losses that they have been suffering from extent of the ongoing and persistent dumpenings.

[janggernaut]

Source: https://www.bitstamp.net/

Ready for $30,000 guys? Keep HODLLL your bitcoin!

[philipma1957]

Source: https://www.bitstamp.net/

Ready for $30,000 guys? Keep HODLLL your bitcoin!

I have 59 minutes to go. Then it is 2021 so maybe we can go over 30k in 2020.

If not then 2021 as I am in a good spot to wait till next year.

[eddie13]

I just won a bunch of $$ at Mandalay Bay..
Ha!!

BTC hitting all time highs right now..

I lived this summer like it might be the last, jumping off waterfalls and shit..
Have done some crazy shit..

2020 has been a year to remember, but I wouldn’t call it bad.. Not too shabby actually..

Almost feel like it should be thanksgiving..

Congratulations.

Dude I just won another $750
Idk why..

[vapourminer]

Dude I just won another $750
Idk why..

cuz you bet $1500?

lol have fun

[HairyMaclairy]

Congratulations to all of our This Is Gentlemen Official Wall Observer Coloring In Competition competitors.  

The competition was extremely tough but one clear winner emerged chosen by the people.  Congratulations to Krubster!  Please feel free to tell all your friends, family and distant relations.  

Thank you to all contestants - may your Microsoft paint never run dry.

What is this a pump for children?!

Ooh!  I made one too... Your's is "OK" though.

naturally, mine is invisible.

Mine is much too visible.

The rollercoaster bitcoin holds on to the helicopter rails. Could have worked that lil detail out a little better, though.

EDIT: Oh, and the chart is not current as well  

top talent of WO hard at work....the pressure is real

#amidoingitright?

”This Is Gentlemen” holiday colouring-in competition.

First prize is 10 merits and eternal boasting rights.  

Please submit your entries before New Year’s Eve 11.59pm UTC.  

The only rule is you must start with this image.  You may enter as many times as you like.  

Other rules may be made up as we go along.   Capslock and xhomer, your entries have been accepted.  

Thanks for all the merits and positive feedback on my take on Hairy's helicopter coloring contest.

I made a new one, inspired by the recent events related to Ripple.

Updated version:

road to 100k

This... thing... is gayer than Rick and I put together.

thanks, it took me a serious amount of work to look that gay.

Something is missing, though...