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

[Realerre]

Bitcoin is going to reverse bart during the next week

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[JayJuanGee]

Is that Jimbo with his new teeth and slimmer fashion?

[hodl_2015]

They say sell in May and go away. I bought (quite a lot) and I am here to stay: always the sum I am not afraid to lose. We will see how this unfolds: still bullish

I panic-bought TFD at $8340 so I can sleep better this weekend. Not that it matters a year from now.

I seem to get quite good at calling the bottoms. And then totally fuck up the tops :-)

[ivomm]

They say sell in May and go away. I bought (quite a lot) and I am here to stay: always the sum I am not afraid to lose. We will see how this unfolds: still bullish

I panic-bought TFD at $8340 so I can sleep better this weekend. Not that it matters a year from now.

I seem to get quite good at calling the bottoms. And then totally fuck up the tops :-)

I think I found the bottom!

[TERA2]

bull logic. every tiny down move is the bottom (or manipulation). every tiny up move is the super bullish recovery and wall street stepping in, with a near term target of ATH. over and over hundreds of times this year ever since 20K ad nauseum

[buyandhold]

When police finally caught up with her, TERA's only statement was, "I got sick of the bulls."

[bitserve]

bull logic. every tiny down move is the bottom (or manipulation). every tiny up move is the super bullish recovery and wall street stepping in, with a near term target of ATH. over and over hundreds of times this year ever since 20K ad nauseum

moon then?

[4rt3m]

Are alt coins allowed in this thread? GitHub released a great list of the projects:

https://i.redditmedia.com/XjfGTvK7m7viSsgXUUu4QcIh1-az1_DhvusF7Rw1b04.jpg?s=7f9c395b1773972140db787a1f8bb5a3

[jojo69]

lulz @ https://txhighway.cash/

outstanding

[sirazimuth]

https://blog.sia.tech/the-state-of-cryptocurrency-mining-538004a37f9b
Lots here on mining centralisation and lots on Bitmain.

Excellent read imo, thanx for sharing.

At the end of the day, cryptocurrency miner manufacturers are selling money printing machines.
A well-funded profit maximizing entity is only going to sell a money printing machine for more money than
they expect they could get it to print themselves. The buyer needs to understand why the manufacturer is
selling the units instead of keeping them for themselves.

from a logical perspective, obvious really...

[Hueristic]

 Wow.  Is anyone in this thread younger than the Big Mac?

Probably, although I made my first PC rounds on a ZX81 as well.

I understand the Big Mac is from 1967, right?

Big Mac.

January 24, 1984.

I'm just barely younger than when the Bic Mac sandwich was introduced and was a sophomore in High School when the computer came out. My first computer was a TI-99/4A.

X2, First thing I coded on and saved onto cassette.



Picked up the Mac SE just to play one game. Imperium Galactica .

[Wan King]

I began using computers when I bought my first ZX81 kit and built it.
It had a whopping 1K of RAM and programs could be saved and loaded to audio cassette tapes which was a real hit and miss affair.
Progression from there was the ZX spectrum, BBC micro, Commodore 64, Atari ST 400 (I think), Apple Macintosh....... modern day PCs.
Still, fun days.

had a timex-sinclair 1000 (basically a zx-81 that was prebuilt for usa market) with the 16k ram pack and that sparky printer. still have it somewhere. the sparky printer was pretty cool.

the ram pack connection was so wobbly (instant lockup if you even breathed on it) i wound up hot gluing the whole thing to a piece of wood.

ts1000 -> vic20 -> c64 -> columbia 8088 with (eventually) a 30 megabyte rll drive woot! (1st ibm pc clone) -> ibm at -> self built from there  (386sx and onward).

also had a programmable hp calculator back around the late '70s but it didnt have the stripe reader, i had to code moon lander in by hand each time so i would never never turn it off rofl.

Wow the timex-Sinclair ! My first computer I think we paid around 50$

 Wow.  Is anyone in this thread younger than the Big Mac?

Probably, although I made my first PC rounds on a ZX81 as well.

I understand the Big Mac is from 1967, right?

https://upload.wikimedia.org/wikipedia/commons/thumb/e/e3/Macintosh_128k_transparency.png/300px-Macintosh_128k_transparency.png

Big Mac.

January 24, 1984.

Big Mac.

1986

https://www.economist.com/content/big-mac-index

THE Big Mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level.

Is bitcoin at its “correct” level?

[RoomBot]

It's funny guys.

My first "computer game" experience;

My dad brought a state of the art HP calculator home from work.  This thing could read (and write) programs on small, like 10mmx40mm mag strips.  you would feed the strip into a slot in one side and little rubberized feed wheels would spin up and spit it through and out the other side.

One of the program strips included when the unit was delivered was a "moon lander" game.  It was turn based.  It would briefly display your speed, range to the surface, and remaining fuel, then you would be prompted for a fuel burn input.

Yes, I did land it that night.

Yes...I am old.

Ha! That is epic!  My father brought home a "talking typewriter" and a "talking page" from Responsive Environments Corp in early 1970.....something.

[xhomerx10]

It's funny guys.

My first "computer game" experience;

My dad brought a state of the art HP calculator home from work.  This thing could read (and write) programs on small, like 10mmx40mm mag strips.  you would feed the strip into a slot in one side and little rubberized feed wheels would spin up and spit it through and out the other side.

One of the program strips included when the unit was delivered was a "moon lander" game.  It was turn based.  It would briefly display your speed, range to the surface, and remaining fuel, then you would be prompted for a fuel burn input.

Yes, I did land it that night.

Yes...I am old.

Ha! That is epic!  My father brought home a "talking typewriter" and a "talking page" from Responsive Environments Corp in early 1970.....something.

 My dad taught me how to use a slide rule.
 Speaking of dad, he used to be an awesome hockey player and I remember him coming home one night telling us that he got five goals in one game.

  I said, "Wow! Can I see them?!" and he said,
 "Well, you can't see them..." so I said
  "Why not?"

  Fast forward to 2013 on a visit to my dad and me saying,
 
 "Hey dad!  I just bought some Bitcoins!" and he said,
 "What are Bitcoins?" and I said,
 "It's a new form of digital currency!" to which he replied,
 "Wow! Can I see them?" so I said,
 "Well, you can't see them..." and he said,
  "Why not?"

 Guess I'm a chip off the old block.

[RoomBot]

Never give your folks a hard time over BTC or computer technology: they taught you how to use a spoon.  

Go, BTC!

[bitserve]

It looks like most people here is over 40? Noone (no matter which age) that didn't start using computers until the nineties? And absolutely no millenials here?

Interesting if that were the case.

[RoomBot]

It looks like most people here is over 40? Noone (no matter which age) that didn't start using computers until the nineties? And absolutely no millenials here?

Interesting if that were the case.

No, several old-timers here have mentioned using Macs from 1979 & Commodore 64s from 1984.

[CookieFactory]

Millennial representing.

[Toxic2040]

While the chart I posted earlier may have looked funny to many of you, I was trying to show how it can be looked at in more than two dimensions. So connecting a straight line between point A and Point B does not always tell the full story. With the right probability curves you can denoise the data enough to get to a best guesstimate. If it had broken downward out of that pennant this morning it would have the same relevance imho.

Perhaps it as a flat surface with the candles bouncing off it..what ever works for you. Dont be afraid to use your imagination.


To further illustrate.


Where these probabilities intersect interesting things tend to happen.

[Toxic2040]

Just to add..those were from this morning and afternoon. This is what we look like currently.