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Question: Nov. 18 closing price:
<$35,000 - 4 (9.1%)
$35,000-$35,500 - 1 (2.3%)
$35,500-$36,000 - 4 (9.1%)
$36,000-$36,500 - 4 (9.1%)
$36,500-$37,000 - 4 (9.1%)
$37,000-$37,500 - 3 (6.8%)
$37,500-$38,000 - 4 (9.1%)
$38,000-$38,500 - 5 (11.4%)
$38,500-$39,000 - 2 (4.5%)
$39,000-$39,500 - 1 (2.3%)
$39,500-$40,000 - 0 (0%)
>$40,000 - 12 (27.3%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26313703 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. (170 posts by 1 users with 9 merit deleted.)
ChartBuddy
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March 05, 2023, 08:01:16 AM


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BTC + Crossfit, living life.


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March 05, 2023, 08:37:29 AM
Merited by cygan (3)

https://twitter.com/crypto_birb/status/1632045452496367617?s=46&t=1pkPzC1FtXIsCLMoTb1G1Q
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March 05, 2023, 08:54:31 AM
Merited by JayJuanGee (1)

https://twitter.com/ShiLLin_ViLLian/status/1599385826474999809
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March 05, 2023, 09:01:20 AM


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Bisq Market Day - March 20th 2023


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March 05, 2023, 09:57:25 AM



https://twitter.com/BitcoinMagazine/status/1632106301487730688?t=dHNdbAg5YE_plDgZ-A-T6w&s=19
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March 05, 2023, 10:01:16 AM


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bitcoin retard


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March 05, 2023, 10:19:37 AM
Last edit: March 05, 2023, 11:23:36 AM by Gachapin
Merited by philipma1957 (1), Hueristic (1), JayJuanGee (1), AlcoHoDL (1)

again a good article by Lopp



How Many Bitcoin Confirmations is Enough?
https://blog.lopp.net/how-many-bitcoin-confirmations-is-enough/
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March 05, 2023, 11:01:17 AM


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March 05, 2023, 11:51:17 AM


Buddy buddy. What we tell you about this nonsense. You puttin up bum numbers and also 'ol Phil here says you been givin him a hard time.

What gives?



Would be a real shame if, you know, we had to give you a real good motivatin that you might not recover from.
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March 05, 2023, 12:01:21 PM


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Bisq Market Day - March 20th 2023


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March 05, 2023, 12:08:02 PM

 Huh Huh

Take 👏

your 👏

Bitcoin 👏

off 👏

exchanges 👏

https://twitter.com/BitcoinMagazine/status/1632164803560214528?t=Kr_abS8schQF9J78A5znUA&s=19
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March 05, 2023, 01:01:17 PM


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March 05, 2023, 01:41:15 PM
Merited by vapourminer (1), d_eddie (1)

again a good article by Lopp



How Many Bitcoin Confirmations is Enough?
https://blog.lopp.net/how-many-bitcoin-confirmations-is-enough/

So if a country with large resources wants to fuck up bitcoin they need only have 2 large hydoplants and 52% of the hash.

Thus CHINA could do it for about 6 billion

let check the math.

we are at 330 eh or  330,000ph or 330,000,000th

3,300,000 s19 pros = the network.

say 1000 for 1 or

3,300,000,000 cash to match the networks hash

let China take over bitmain build the units and they would make some extra ones so 4 billion means

4.0 all china 3.3 rest of us

you need power
 4 units = 13.2kwatts
40 units = 132kwatts
400 units = 1320kwatts
4000 units = 13200kwatts
40000 units = 132000kwatts
400000 units = 1320000 kwatts
4000000 units= 13200000kwatts or 13200megawatts this dam in china does 20,000 megawatts


https://en.wikipedia.org/wiki/Three_Gorges_Dam

https://en.wikipedia.org/wiki/List_of_largest_hydroelectric_power_stations



so at the moment China could destroy btc for under 6 billion dollars if they choose to do so.

This is a roadblock to adaptation worldwide btc currency
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bitcoin retard


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March 05, 2023, 01:57:19 PM
Merited by JayJuanGee (1)

again a good article by Lopp



How Many Bitcoin Confirmations is Enough?
https://blog.lopp.net/how-many-bitcoin-confirmations-is-enough/

So if a country with large resources wants to fuck up bitcoin they need only have 2 large hydoplants and 52% of the hash.

Thus CHINA could do it for about 6 billion

let check the math.

we are at 330 eh or  330,000ph or 330,000,000th

3,300,000 s19 pros = the network.

say 1000 for 1 or

3,300,000,000 cash to match the networks hash

let China take over bitmain build the units and they would make some extra ones so 4 billion means

4.0 all china 3.3 rest of us

you need power
 4 units = 13.2kwatts
40 units = 132kwatts
400 units = 1320kwatts
4000 units = 13200kwatts
40000 units = 132000kwatts
400000 units = 1320000 kwatts
4000000 units= 13200000kwatts or 13200megawatts this dam in china does 20,000 megawatts


https://en.wikipedia.org/wiki/Three_Gorges_Dam

https://en.wikipedia.org/wiki/List_of_largest_hydroelectric_power_stations



so at the moment China could destroy btc for under 6 billion dollars if they choose to do so.

This is a roadblock to adaptation worldwide btc currency


I posted it before but there lies truth in what Antonopoulos says:


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


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March 05, 2023, 02:01:17 PM


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March 05, 2023, 02:15:38 PM

again a good article by Lopp



How Many Bitcoin Confirmations is Enough?
https://blog.lopp.net/how-many-bitcoin-confirmations-is-enough/

So if a country with large resources wants to fuck up bitcoin they need only have 2 large hydoplants and 52% of the hash.

Thus CHINA could do it for about 6 billion

let check the math.

we are at 330 eh or  330,000ph or 330,000,000th

3,300,000 s19 pros = the network.

say 1000 for 1 or

3,300,000,000 cash to match the networks hash

let China take over bitmain build the units and they would make some extra ones so 4 billion means

4.0 all china 3.3 rest of us

you need power
 4 units = 13.2kwatts
40 units = 132kwatts
400 units = 1320kwatts
4000 units = 13200kwatts
40000 units = 132000kwatts
400000 units = 1320000 kwatts
4000000 units= 13200000kwatts or 13200megawatts this dam in china does 20,000 megawatts


https://en.wikipedia.org/wiki/Three_Gorges_Dam

https://en.wikipedia.org/wiki/List_of_largest_hydroelectric_power_stations



so at the moment China could destroy btc for under 6 billion dollars if they choose to do so.

This is a roadblock to adaptation worldwide btc currency


I posted it before but there lies truth in what Antonopoulos says:


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




Do you think he is correct cause my math above is accurate.

 China would be the player to cause the attack as they build most of the gear.

No need to do this today or tomorrow but if BTC did get big say 500k a coin it could be tempting.

It kind of calls for a gear race or at least a gear decentralization of plants.

USA is to open a chip plant in NY

https://www.computerworld.com/article/3675354/micron-to-build-largest-chip-factory-in-us-history.html
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March 05, 2023, 02:50:49 PM
Merited by JayJuanGee (1)

again a good article by Lopp



How Many Bitcoin Confirmations is Enough?
https://blog.lopp.net/how-many-bitcoin-confirmations-is-enough/

So if a country with large resources wants to fuck up bitcoin they need only have 2 large hydoplants and 52% of the hash.

Thus CHINA could do it for about 6 billion

let check the math.

we are at 330 eh or  330,000ph or 330,000,000th

3,300,000 s19 pros = the network.

say 1000 for 1 or

3,300,000,000 cash to match the networks hash

let China take over bitmain build the units and they would make some extra ones so 4 billion means

4.0 all china 3.3 rest of us

you need power
 4 units = 13.2kwatts
40 units = 132kwatts
400 units = 1320kwatts
4000 units = 13200kwatts
40000 units = 132000kwatts
400000 units = 1320000 kwatts
4000000 units= 13200000kwatts or 13200megawatts this dam in china does 20,000 megawatts


https://en.wikipedia.org/wiki/Three_Gorges_Dam

https://en.wikipedia.org/wiki/List_of_largest_hydroelectric_power_stations



so at the moment China could destroy btc for under 6 billion dollars if they choose to do so.

This is a roadblock to adaptation worldwide btc currency


I posted it before but there lies truth in what Antonopoulos says:


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




Do you think he is correct cause my math above is accurate.

 China would be the player to cause the attack as they build most of the gear.

No need to do this today or tomorrow but if BTC did get big say 500k a coin it could be tempting.

It kind of calls for a gear race or at least a gear decentralization of plants.

USA is to open a chip plant in NY

https://www.computerworld.com/article/3675354/micron-to-build-largest-chip-factory-in-us-history.html

I believe your math is roundabout correct.  But that doesn't invalidate what Antonopoulos says.

If such an attack happened, nobody would value the fork of the attackers, after they are discovered.


I don't even know if they could pull off the same attack several times after being caught.  

The Bitcoin network has a community behind it sharing the same values and that's (an intentional) part of its strength.

I'm sure our community would get together and quickly secure the network by any necessary means ...even if that meant a kind of temporary centralization or something.

But I'm just poking around in the dark.  There are some very smart people who already figured out the possibilities and also the most 'successful' objectives of an attacker as well as the necessary counter measures.


I'm sure many WOers have a shitload of knowledge and educating links to share on that rather ancient topic.



 
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March 05, 2023, 03:01:22 PM


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March 05, 2023, 03:36:03 PM

but what is killing the quality of posting is the 22-25 k sold we are stuck in.

Doesn't seem that bad to me, especially if we compare to where we were between about
September 2022 and even up until mid-January 2023.. Also if we compare it to where we were at for the vast majority of BTC history prior to December 2020, doesn't seem bad relative to those prices either.. so 2.25 years later? or might I suggest more than 2.25 years earlier.. and surely we are currently "in the money" and decently so.. and that is not even a very long time horizon in terms of seeing such decently good profits, either.. relatively speaking.

And, I am not even suggesting to take profits in order to rest on such laurels for those of us who have been in this asset class for quite a few years longer than 2.25 years and had done the vast majority of our BTC accumulation prior to 2.25 years ago... So in that regard, those of us holding BTC that had mostly been obtained more than 2.25 years ago seem to be sitting quite pretty... and surely who the fuck should realistically be thinking that it would have had been inevitable to get richie on investing into something like BTC if they had ONLY been accumulating mostly 2.25 years or less.

Another angle would be for those who started accumulating BTC starting in about mid-2022 or so, those newbies would likely be in a decently good position too.. even though the DCABTC site is showing them to potentially be under water.. but still seems good to me (this is not financial advice, but surely my opinionenings) if they had a bit of persistencies in their BTC accumulation strategies (and perhaps even aggressiveness in their BTC accumulation practices).. at least it would seem so to me, even if perhaps they would have been underwater currently.. but still able to accumulate BTC at a better price than if they had started to accumulate January 2021 until present, for example..

But hey, I am not really the kind of person to be complaining about the mere fact that any investment like bitcoin might be under water in the short to medium term, especially given its seemingly ongoing upside potential.. and surely no guarantees to even get out from under water.. but surely there could be ways to continue to be persistent in terms of investing in bitcoin and have good chances to both get out from under water and also to be able to get into the black (and stay there) in the future.. again no guaratees in regards to what to do? what to do?   Cry Cry
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