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Question: What happens first:
New ATH - 39 (70.9%)
<$60,000 - 16 (29.1%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26353289 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 3 users with 9 merit deleted.)
ImThour
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Bitcoin Bottom was at $15.4k


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January 13, 2023, 05:47:55 PM

BTC 1D
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goldkingcoiner
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January 13, 2023, 05:49:26 PM

well my Friday DCA hit so that makes for 12 Friday's in a row.

New miner arrived today so I will set it up later today.

Looking for more miners soon.

Mine should have hit at 17.2k I just logged in and discovered that I put in a buy order for 25% of what should have been 100%.

So...Missed out on this pump. Thanks OBAMA
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bitcoin retard


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January 13, 2023, 05:50:19 PM
Merited by JayJuanGee (1)

I doubt that the majority of users/money prefer a fork where coins can be moved without having the keys.  There are already enough shitcoins

I think one of the reasons is that it is possible to make a lot of profit in a very short time, which is the reason why most users move towards it, and I don't think there is any other reason.

Only miners would make a profit.  Why would "most user" prefer to inflate the highly liquid supply?  

....
And if anyone can do a 51% attack it is bitmain
....

And who would buy the fork created with the 51% attack... ?

I think this is a good summary of the "problem":

https://www.youtube.com/watch?v=ncPyMUfNyVM
Andreas Antonopoulos - 51% Bitcoin Attack

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January 13, 2023, 06:01:20 PM


Explanation
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January 13, 2023, 06:06:31 PM

well my Friday DCA hit so that makes for 12 Friday's in a row.

New miner arrived today so I will set it up later today.

Looking for more miners soon.

Mine should have hit at 17.2k I just logged in and discovered that I put in a buy order for 25% of what should have been 100%.

So...Missed out on this pump. Thanks OBAMA

Well, hopefully this wasn't your first DCA.  I know it's nice getting weekly payments in Bitcoin for anything you can, including buying it.  Especially at these prices.  This is just the turning point of the 4-year cycle.  Traders getting excited about pocketing little gains here are going to look back and wonder what could have been had they held from the bottom to the coming top.  Sure, we may see a correction soon as this short term rally runs out of steam, but make no mistake about it.  People are accumulating and accumulating a lot.  This isn't just another bear market rally as some will tell you.  This is the turning point.
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It's all mathematics...!


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January 13, 2023, 06:17:35 PM
Merited by JayJuanGee (1)

Gots ta say… love it when a plan comes together!  Grin
Bitcoin weathered some heavy storms and held its ground at approx 17k$ Before the rally
I wonder what Jim Cramer is thinking about now… maybe some of his cronies will have to cover some shorts if this rally has legs. Sitting at 19,200 and enjoying the day…  Cool
Cheers hodlers
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January 13, 2023, 06:20:43 PM

It's been 14 years since first transaction of bitcoin took place, 12 January 2009 satoshi send first 50 bitcoins to Hal Finney. Today these 50 bitcoins are worth 902,319 USD.

Hal Finney is no more and I am sure those 50 bitcoins are lost on bitcoin blockchain forever.

RIP HAL FINNEY, thank you for being first ever receipt of bitcoins. 
  Image from blockchain.com

I wonder? 

There could have been some back and forth involving those 50 BTC.. My understanding is that in that first transaction Satoshi sent 10 BTC to Hal and then 40 BTC were sent back to Satoshi as change.

I don't claim to be smart enough to trace all of the transaction history associated with each of those coins.. yet some people are pretty good at deciphering various information from transactions and attempting to determine where they are at or if they might still be in active addresses.. but hard to know that, too, and surely we know that UTXOs end up being commingled with the passage of time.. so each of the blocks of the original 10 BTC transaction to Hal and 40 BTC change transaction that was sent back to Satoshi would have necessarily continued to have been sent over and over and over and mixed with various other BTC along the way (UTXOs).

I am sure some guys here are more proficient at such tracing of coins topic and could tell us the story of what happened to each branch of those original BTC and how they might have moved down to the satoshi.. and from my understanding Satoshi did not do a whole hell of a lot of transactions with various BTC that were attributable to him, but it is quite possible that either Hal passed his 10 BTC on within some other transaction or maybe right now Hal's family has those funds (the 10 BTC). 

Right before Hal died, he did say that he was putting his BTC into the hands of his kids (family) or something like that... but it is not really clear how many coins that Hal's family members might have and maybe that part about whether they still have the coins or not does not matter too much either on a public knowledge level.. even though some times some of that information regarding how long it has been since certain coins have been moved or certain satoshis (which is seems to be the default unit of the bitcoin blockchain, even though the lightning network allows for transacting down to 1/1000th of a satoshi from my understanding) can be traced, but it is not always easy to know whether people still have access to coins that they originally had access to, especially if the coins had not moved for a while and/or that if there had not been any other activities related to wallets associated with otherwise seemingly dormant coins, such as carrying out of a signature verification that would not require any coins to actually need to be moved in order to verify that there is still access to the private keys associated with the at-issue addresses.
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January 13, 2023, 06:59:26 PM

Gots ta say… love it when a plan comes together!  Grin
Bitcoin weathered some heavy storms and held its ground at approx 17k$ Before the rally
I wonder what Jim Cramer is thinking about now… maybe some of his cronies will have to cover some shorts if this rally has legs. Sitting at 19,200 and enjoying the day…  Cool
Cheers hodlers

ya the rally has been strong and and relentless, I was expecting some chop some pull back, but nope not even a hint of that.
how high is this going to go before there's a meaning full pull back!? 21K? 29K?
i see more FUD clouds ahead, but that's not going to matter if all the coins are held buy hodlers  Tongue
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January 13, 2023, 07:01:17 PM


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January 13, 2023, 08:01:16 PM


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philipma1957
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January 13, 2023, 08:39:53 PM

well my Friday DCA hit so that makes for 12 Friday's in a row.

New miner arrived today so I will set it up later today.

Looking for more miners soon.

Mine should have hit at 17.2k I just logged in and discovered that I put in a buy order for 25% of what should have been 100%.

So...Missed out on this pump. Thanks OBAMA

Well, hopefully this wasn't your first DCA.  I know it's nice getting weekly payments in Bitcoin for anything you can, including buying it.  Especially at these prices.  This is just the turning point of the 4-year cycle.  Traders getting excited about pocketing little gains here are going to look back and wonder what could have been had they held from the bottom to the coming top.  Sure, we may see a correction soon as this short term rally runs out of steam, but make no mistake about it.  People are accumulating and accumulating a lot.  This isn't just another bear market rally as some will tell you.  This is the turning point.

How do I complain about starting to buy in nov.

12 x dca

and three dip points at 16.2 15.9 15.7

like 23 or 24 fiat pieces of btc

and 300+ fiat pieces of btc mining gear.

I pivoted from my meth mining (thanks Mr V)

Still looking for more btc mining gear.

I do not want a Bart pattern I want this  one below

                                      ____________________________ sideways at 20.5 -22.5 for at least six months
                ____________|
               |
               |
               |
________l
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a Cray can run an endless loop in under 4 hours


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January 13, 2023, 08:42:19 PM
Merited by JayJuanGee (1)

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January 13, 2023, 09:01:21 PM


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January 13, 2023, 09:25:44 PM
Merited by JayJuanGee (1)



the sl program is available on most linux/bsd distributions as package/port, i.e. on debian based systems just 'apt-get install sl', the rest is just 'alias btc-price=sl -l'
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January 13, 2023, 09:27:51 PM
Last edit: January 14, 2023, 12:03:56 AM by JayJuanGee
Merited by LFC_Bitcoin (1)

Regarding ColdKey, the project may look cool and satisfy some coiners' egos or whatever, but from the very beginning it was an idea based on trusting the creator, which is an instant no-no when it comes to Bitcoin. I personally would not trust my keys to anyone (not even my parents or siblings or GF/wife or whoever else). Not because I don't love them or trust them in the general sense. But it is a fact that all of us are human beings and are thus prone to mistakes and weaknesses, which can lead to compromising the security of whatever it is we want to protect.

When it comes to Bitcoin, you keep a low profile, NEVER reveal your keys to ANYONE, never advertise specific amounts or even ownership of any coins, never brag about how rich you are, and never compromise your OPSEC.

There's no need for ColdKeys. The best ColdKey is stored in our neurons, and should stay in there, and stay immaterial. Just like Bitcoin.
I agree with everything you've wrote, but I disagree if you wouldn't trust anyone with your keys because we're humans, we're not eternal in this world and we don't know when we left this world.

I don't think you would abandon all of your money you've make until right now, there's must be someone need to take over your Bitcoin and continue your journey to hold it.

At least your child need to know your keys, of course after they're matured, know about Bitcoin and already understand about money management.

If you die without giving the keys to anyone, the value of your stash will be distributed among all existing Bitcoiners...

I agree with both of you, but more so with Helena.  I think that each of us should strive our best to preserve access to our BTC and try to be able to pass them on in some kind of an intentional way in some kind of meaningful way.. but of course, the back up scenario is what you mentioned Gachapin.. is that they end up just increasing the value of the whole of the remaining coins.. which might be a better result than losing the coins to a hacker or some other undeserving person who might steal the coins or to take away from the intentionality of the BTC holder who might well end up engaging in some kind of poor private key management practices (whether through sloppiness or perhaps being forced to give up the keys to someone unwillingly).

[edited out]
I suspect frozen stale addresses with no outgoing withdrawals will one day be forfeited and add to mining rewards. Maybe starting in 2064 as the 2009 transaction would be 55 years old.

So never having a death plan for your coins means they will likely go back to miners one day.

Oh gawd...  Roll Eyes Roll Eyes Roll Eyes

Where is Robin when you need her?
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January 13, 2023, 10:00:18 PM

When 20k?
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January 13, 2023, 10:00:54 PM

well my Friday DCA hit so that makes for 12 Friday's in a row.

New miner arrived today so I will set it up later today.

Looking for more miners soon.

Mine should have hit at 17.2k I just logged in and discovered that I put in a buy order for 25% of what should have been 100%.

So...Missed out on this pump. Thanks OBAMA

Well, hopefully this wasn't your first DCA.  I know it's nice getting weekly payments in Bitcoin for anything you can, including buying it.  Especially at these prices.  This is just the turning point of the 4-year cycle.  Traders getting excited about pocketing little gains here are going to look back and wonder what could have been had they held from the bottom to the coming top.  Sure, we may see a correction soon as this short term rally runs out of steam, but make no mistake about it.  People are accumulating and accumulating a lot.  This isn't just another bear market rally as some will tell you.  This is the turning point.

How do I complain about starting to buy in nov.

12 x dca

and three dip points at 16.2 15.9 15.7

like 23 or 24 fiat pieces of btc

and 300+ fiat pieces of btc mining gear.

I pivoted from my meth mining (thanks Mr V)

Still looking for more btc mining gear.

I do not want a Bart pattern I want this  one below

                                      ____________________________ sideways at 20.5 -22.5 for at least six months
                ____________|
               |
               |
               |
________l

we all want that but that's unrealistic. the thing is the market's value is highly speculative so price is extremally volatile, so we get crypto winters, barts and bubbles.
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January 13, 2023, 10:01:17 PM


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Bisq Market Day - March 20th 2023


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January 13, 2023, 10:11:51 PM

Bright City



SOURCE: Twitter
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January 13, 2023, 10:14:22 PM
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