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Question: How long until 70K (credit: Heslo)
1 week - 17 (30.4%)
1 month - 31 (55.4%)
1 year - 0 (0%)
the top is in - math and science confirms it - 8 (14.3%)
Total Voters: 56

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25260592 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. (157 posts by 13 users deleted.)
600watt
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March 06, 2021, 08:19:53 AM

We think a lot about those black lines, forgetting that it’s all still in our hands.


https://twitter.com/waitbutwhy/status/1367871165319049221?s=21

now that is some nice twitter wisdom. powerful.
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March 06, 2021, 08:34:21 AM
Merited by Hueristic (1)


This was on hacker news several days ago. Some real interesting comments, most think it is not him.

https://news.ycombinator.com/item?id=26231674

There's also this on hacker news when Len died.

https://news.ycombinator.com/item?id=2723959

One quote from the second link is interesting though I thought

Quote from: pablos08
   

I met Len in 1999, he was a kid. A cocky kid who thought he knew everything and I wasn't impressed. I think we were arguing about K of N keysplitting. Rodney Thayer said "Yeah, he's like we were at that age." Rodney was gracious and patient, accepting and loving towards Len and I felt obliged to follow his lead. This is a highly improbable description of Rodney, but it was the truth. I became friends with Len and we were coconspirator cypherpunks at a time when that was a wild frontier. We were reimagining our world, riddled with cryptosystems that would mathematically enforce the freedoms that we treasured. Anonymous remailers to preserve speech without fear of retribution; onion routers to ensure nobody could censor the internet; digital cash to enable a radically free economy. We have schemes to decentralize & distribute everything. We imagine complex and esoteric threats to problems we might someday have - we architect futuristic protocols to insulate against those threats. All this is a highly academic geek utopia exercise. I tend to keep it that way, but Len wanted to get his hands dirty. There were times when Len got visits from various Federal agencies over remailer abuse. At first Len would get scared and I'd get him out of the house which he assumed was bugged, and drive around for a while. Especially in those early years, Len was trying to impress us. We invited him to join The Shmoo Group, where I'm a fringe radical, and Len became the lunatic fringe. I'm sure we helped temper his apocalyptic tendencies and at times he even bordered on diplomatic. But it isn't in our nature to acknowledge prowess directly. You only know a hacker respects you if he's willing to waste his time shooting holes in your ideas. I have thousands of messages to and from Len spanning the last decade, and I doubt a single one of them offers any direct praise.

Len got his hands dirty. He committed himself to building the stuff we imagined. I play it safe and remain blameless, but I get to stay balanced because courageous guys like Len fulfill the extremes.

Len, you are, in fact, an inspiration to those of us who inspired you. You made something great of your life. You left a lot behind for us. Thanks for letting me be a part of it all.

Cypherpunks write code.
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March 06, 2021, 08:34:59 AM


the circumference of earth is 24k miles. a space elevator woiuld need to be up probably 22k-26k miles. i guess it depends if this wrap would follow a circumference line or a smaller one. nice problem to think about. thx.

Before you noodle too hard, I very well may be misremembering. It's a fair distance anyway though.


i was serious. it could wrap around the earth several times as long as it does not wrap around "straight" at a "equatorial" line. in what fashion would it wrap around? can someone elaborate? would a cable attached to a spinning sphere always wrap around an "equatorial" line? or could it also use other latitudes?


edit: i think you thought i was being sarcastic with the "nice problem to think about.thx" but i wasn´t. sorry for not making that clearer.

The tether is really long.  It could wrap anywhere.



Exactly it would be 1/10th the way to the moon...
As a reference the ISS space station is at 408km and geostat is at 35786km Tongue
So a space elevator is a big ass object...
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March 06, 2021, 09:10:29 AM

This such boring movement last couple of weeks.. WO - when $60k??

I see a SHS pattern in daily.
Probably "such boring" will be over soon.
Relax  Grin
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March 06, 2021, 10:28:19 AM
Last edit: March 06, 2021, 10:45:38 AM by AlcoHoDL

This space elevator discussion is very interesting. And it fits well within the Bitcoin WO topic.

See, all WOers are already aboard Elon's rocket and cruising through space tasting White Russians (not just the beverage). But, something has to be done for the nocoiners and the mindrusters down there. I don't see any other option for them, but a space elevator. OK, they won't be able to ever reach us, but going past geostationary orbit sure is better than nothing.

Now, kneel down and pray to Karhu, nocoiners, that Elon is going to build that damned elevator soon, or you're going to end up sitting your asses on Earth, watching our $1M WO party in 8K streaming and wondering "what if I HeDL?"
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March 06, 2021, 10:36:08 AM

Personal dilemma because I'm afraid of heights but I can stand new bitcoin ATHs. Grin
Will I be able to get onboard the elevator?
That is the problem.
Or maybe I should avoid too much coffee in the morning.
 Cool
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March 06, 2021, 10:56:44 AM

This such boring movement last couple of weeks.. WO - when $60k??

I see a SHS pattern in daily.
Probably "such boring" will be over soon.
Relax  Grin
a great man formula to get rid of "that such boring" is a meditation on the beach with 2 sexy girls around "lol"



I keep in my mind....soon >>"100k" Cool
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March 06, 2021, 11:40:50 AM
Last edit: March 06, 2021, 01:25:08 PM by AlcoHoDL
Merited by Torque (1)

$48k (40k €) is pretty much established.

2017's ATH was $20k (17k €). That's 2.4x in just over 3 years, and with a severe Bitcoin winter in between. Try to name any other investment that would have given you this much profit.

For Bitcoin to equal the yield of a normal bank savings account with 2% annual interest rate (rare these days) in the period between the ATH of 2017 (buying the top) and now, Bitcoin price would have to drop to just over $22k (18k €).

The above assumes one has "bought the top", right at the ATH of 2017 ("worst" point to buy ever in Bitcoin's history up to that point). Any other time would result in higher gains, orders of magnitude higher in the vast majority of cases. Banks/stonks don't stand a chance.

Just let this sink in.

Onwards & upwards.

HoDL.

Edit: Added paragraph, made statements stronger/clearer.
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March 06, 2021, 01:46:43 PM
Merited by El duderino_ (11)


https://twitter.com/Mario_Gibney/status/1367939804000755712



$48k (40k €) is pretty much established.
[...]
I really like your posts AlcoHoDL, but you must be new here.
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March 06, 2021, 02:08:04 PM
Merited by bitebits (1)

$48k (40k €) is pretty much established.
[...]

I really like your posts AlcoHoDL, but you must be new here.

Don't be fooled by the noise...
There won't be any rainforests where we're going.  Wink
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March 06, 2021, 02:59:33 PM

$48k (40k €) is pretty much established.
[...]

I really like your posts AlcoHoDL, but you must be new here.

Don't be fooled by the noise...
There won't be any rainforests where we're going.  Wink

Because you will probably destoy them all. Cheesy Cheesy

*edit(): or ded planets like Mars. Smiley
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March 06, 2021, 03:35:00 PM
Last edit: March 06, 2021, 04:01:10 PM by JimboToronto
Merited by El duderino_ (5)

Good Morning Bitcoinland.

Sideways 'r' us... currently $47580USD/$60209CAD (Bitcoinaverage).

Ho hum. More coffee or back to bed?

Thats not a FIAT, it's an ABARTH. (at least the logo)
Ugh. Right you are. Search lied to me and I picked it cause it was the most photogenic. Sad
since abarth was bought by fiat in 1971, you were not really wrong. dirty fiat is dirty fiat.
I see what you did there.   Cheesy

"Dirty Fiat" was the reason I merited Richy in the first place.



Fiat 500. You add the adjective.
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March 06, 2021, 03:40:30 PM

Quote
Breaking: Microstrategy acquires 2 btc in exchange for all office furniture
https://twitter.com/MonkeyCharts/status/1367842973824778246

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March 06, 2021, 04:27:23 PM

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March 06, 2021, 05:01:19 PM

Good Morning Bitcoinland.

Sideways 'r' us... currently $47580USD/$60209CAD (Bitcoinaverage).

Ho hum. More coffee or back to bed?

Thats not a FIAT, it's an ABARTH. (at least the logo)
Ugh. Right you are. Search lied to me and I picked it cause it was the most photogenic. Sad
since abarth was bought by fiat in 1971, you were not really wrong. dirty fiat is dirty fiat.
I see what you did there.   Cheesy

"Dirty Fiat" was the reason I merited Richy in the first place.



Fiat 500. You add the adjective.

I had a $500 bill once back when they were still in active circulation.  I felt like Scrooge McDuck.
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March 06, 2021, 05:19:07 PM

This such boring movement last couple of weeks.. WO - when $60k??

I see a SHS pattern in daily.
Probably "such boring" will be over soon.
Relax  Grin
a great man formula to get rid of "that such boring" is a meditation on the beach with 2 sexy girls around "lol"



I keep in my mind....soon >>"100k" Cool

I know a bit about meditation and all three on the photo are doing it wrong.
However, it's more important that you do it, not so much how you do it, but the chinese and yogi are quite strict with the traditional postures.
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March 06, 2021, 05:38:26 PM

This such boring movement last couple of weeks.. WO - when $60k??

I see a SHS pattern in daily.
Probably "such boring" will be over soon.
Relax  Grin

a great man formula to get rid of "that such boring" is a meditation on the beach with 2 sexy girls around "lol"



I keep in my mind....soon >>"100k" Cool

I know a bit about meditation and all three on the photo are doing it wrong.
However, it's more important that you do it, not so much how you do it, but the chinese and yogi are quite strict with the traditional postures.

Yeah, especially the one in the blue top seems to be doing it "her own way", like she's waiting for something important... She even has her shoes ready, to run to the nearest HoDLer once Bitcoin reaches $100k. Nice.
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March 06, 2021, 05:44:57 PM
Merited by El duderino_ (3), JayJuanGee (1)

[krebsonsecurity.com] At Least 30,000 U.S. Organizations Newly Hacked Via Holes in Microsoft’s Email Software

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“It’s police departments, hospitals, tons of city and state governments and credit unions,” said one source who’s working closely with federal officials on the matter. “Just about everyone who’s running self-hosted Outlook Web Access and wasn’t patched as of a few days ago got hit with a zero-day attack.”

https://krebsonsecurity.com/2021/03/at-least-30000-u-s-organizations-newly-hacked-via-holes-in-microsofts-email-software/
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March 06, 2021, 06:15:02 PM

Venezuela's central bank hyperinflation now preparing to print the 1 million bolivar note  Roll Eyes
https://financialpost.com/pmn/business-pmn/venezuela-to-introduce-1-million-bolivar-bill-as-inflation-persists

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March 06, 2021, 06:27:31 PM

We think a lot about those black lines, forgetting that it’s all still in our hands.

Meta: Sometimes, forcibly closing or avoiding many of those black lines in the past can be a good thing. Can only really appreciate or regret it in retrospect.
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