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

[BTCMILLIONAIRE]

JJG doesn’t write posts. He sits and yells into a text to speech microphone. No one would ever type that much without being forced (like in school).

I used to, but I've changed my habits for the sake of readers. Now I just extrapolate if asked to and stay as brief as possible otherwise. Some 10 years ago long comments/posts were much more appreciated, but times have changed I guess.

Typing up such posts takes a minute or so when you type some ~150 words per minute by the way, so it doesn't really matter for the writer.

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[Biodom]

For those not very familiar with mining costs, here is an excellent write up from an expert.

https://bitcointalk.org/index.php?topic=5063475.msg48085010#msg48085010

In US, typical (not in Cali) residential price is around 10c/kwh.

TL;DR

10c/kwh breakeven mining at $6414/btc
7c/kwh breakeven mining at $4489/btc
5c/kwh breakeven mining at $3207/btc...mostly industrial sites have this cost, unless you are living close to a hydro dam where some residents could have this and even lower.

[BTCMILLIONAIRE]

For those not very familiar with mining costs, here is an excellent write up from an expert.

https://bitcointalk.org/index.php?topic=5063475.msg48085010#msg48085010

In US, typical (not in Cali) residential price is around 10c/kwh.

TL;DR

10c/kwh breakeven mining at $6414/btc
7c/kwh breakeven mining at $4489/btc
5c/kwh breakeven mining at $3207/btc...motsly industrial site have this cost, unless you are living close to a hydro dam.

Doesn't Canada have 7c and less for residents with fluid pricing contracts?

[Biodom]

For those not very familiar with mining costs, here is an excellent write up from an expert.

https://bitcointalk.org/index.php?topic=5063475.msg48085010#msg48085010

In US, typical (not in Cali) residential price is around 10c/kwh.

TL;DR

10c/kwh breakeven mining at $6414/btc
7c/kwh breakeven mining at $4489/btc
5c/kwh breakeven mining at $3207/btc...motsly industrial site have this cost, unless you are living close to a hydro dam.

Doesn't Canada have 7c and less for residents with fluid pricing contracts?

Perhaps, typically Canada has lower electricity price than US, hence a lot of btc miners there.

[JayJuanGee]

JJG doesn’t write posts. He sits and yells into a text to speech microphone. No one would ever type that much without being forced (like in school).

I write every single one of my posts.

One thing, so far, is that i have not been accused of plagerism... hahahahahahaha.. because almost every little word that I type flows through my fingertips.... believe it or not?

Hey QA... since I got you on the line.. I seem to recall that I was pissed off at you for a certain amount of time around December 2015 because you were bragging in the thread and proclaiming to sell a decently large stash of your BTC for christmas shopping.. something like that.. so I recall that presentation from you as being an irritating set of interactions and circumstances because it seemed to be a kind of rubbing in, and even encouraging BTC sales at an inopportune time.  Like gloating.   

 Am I remembering correctly or was that a different year or perhaps a different forum member?  Could have been 2014 or even 2016.. but for some reason I seem to recall the situation as 2015.

Woah!

So atleast it sounds like QA change his tune? I'm guessing?

This market is so painful btw.

No.  I think that he is largely the same... which means that it is likely that his account has not been SODLed nor compromised... hahahahaha

I can still read such variations of quasi-subdued gloating in his posts that leaks out of the post seams, every once in a while.. .. at least attempting to read the overall contents and tone...   

Nonetheless, I do have to say that I did appreciate some of his relatively recent efforts to screen bitcoin maximalists, and to send smerits to largely bitcoin maximalists rather than shit coin pumpers, but I think that he had given up on that angle as long as he could figure out other means of contribution.. I suppose that he could probably elaborate, if he were to conclude that such topic were worthy of any response from his highness.  hahahahahhaha

[jojo69]

Dozens of tiny drivers? We used to think that Bose 801's made good PA too - back in the day.

(Truth be told, I've not heard the PJ's. But in my experience, plentiful bass requires surface area.)

dude, "there is no replacement...for displacement" used to be my mantra

I was agog when I heard that little thing, genuinely shocked.

[jojo69]

Jojo just keep that F***ing Smiley face next to your name!

I thought what I'd do was, I'd pretend I was one of those deaf-mutes.

[centralbanksequalsbombs]

JJG doesn’t write posts. He sits and yells into a text to speech microphone. No one would ever type that much without being forced (like in school).

I write every single one of my posts.

One thing, so far, is that i have not been accused of plagerism... hahahahahahaha.. because almost every little word that I type flows through my fingertips.... believe it or not?

Hey QA... since I got you on the line.. I seem to recall that I was pissed off at you for a certain amount of time around December 2015 because you were bragging in the thread and proclaiming to sell a decently large stash of your BTC for christmas shopping.. something like that.. so I recall that presentation from you as being an irritating set of interactions and circumstances because it seemed to be a kind of rubbing in, and even encouraging BTC sales at an inopportune time.  Like gloating.   

 Am I remembering correctly or was that a different year or perhaps a different forum member?  Could have been 2014 or even 2016.. but for some reason I seem to recall the situation as 2015.

Woah!

So atleast it sounds like QA change his tune? I'm guessing?

This market is so painful btw.

No.  I think that he is largely the same... which means that it is likely that his account has not been SODLed nor compromised... hahahahaha

I can still read such variations of quasi-subdued gloating in his posts that leaks out of the post seams, every once in a while.. .. at least attempting to read the overall contents and tone...   

Nonetheless, I do have to say that I did appreciate some of his relatively recent efforts to screen bitcoin maximalists, and to send smerits to largely bitcoin maximalists rather than shit coin pumpers, but I think that he had given up on that angle as long as he could figure out other means of contribution.. I suppose that he could probably elaborate, if he were to conclude that such topic were worthy of any response from his highness.  hahahahahhaha

You may have a point - he didn't even give me smerit for the post which he 'agreed' being underrated

[Icygreen]

The biggest catalyst that'd make BTC price skyrocket higher is simply move all your BTC to your PERSONAL bitcoin wallet (move off of Coinbase, Binance, Bitfinex, Square, Robinhood, CBOE/CME futures).

Fractional reserve, BTC lending, rehypothication is a bitch and can perpetually create no floor for prices by establishment market manipulators.

Plus if history is any indication, one these avenues will blow up and wreck the "holders" of bitcoin that really wasn't there because they failed to take such advice.

Take it off the exchanges and see what happens.

Underrated post.

Agreed!

Thank you both.

That's exactly what  I did.  Now to fund a new round and when that position is complete, the same will happen.

[Toxic2040]

1h fibs

[jojo69]

gentlemand

you are a fucking freak dude

[centralbanksequalsbombs]

Can someone point me to historical drawdowns table for BTC (ie 2013, 2015, including updates with Nov '18 action)??

[bones261]

The new poll is almost fucked already. This is like last November, just going in reverse.

I was living like a Saudi Prince back then after the bch fork. I was living the high life, now I’m eating pot noodle for my meal

I never heard the term pot noodles. I suspect that you mean this:



I already eat Ramen daily for a snack. Now I'm going to have to have it for breakfast, lunch, and dinner. Hope I don't end up getting a stoke or heart attack. I'm doing my best not to look at the BTC price every minute since this will compound the risk.  

[goldkingcoiner]

The new poll is almost fucked already. This is like last November, just going in reverse.

I was living like a Saudi Prince back then after the bch fork. I was living the high life, now I’m eating pot noodle for my meal

I never heard the term pot noodles. I suspect that you mean this:



I already eat Ramen daily for a snack. Now I'm going to have to have it for breakfast, lunch, and dinner. Hope I don't end up getting a stoke or heart attack. I'm doing my best not to look at the BTC price every minute since this will compound the risk.  

watch your sodium intake buddy.

[sirazimuth]

gentlemand

you are a fucking freak dude

Too right...he needs a hat

[JayJuanGee]

JJG doesn’t write posts. He sits and yells into a text to speech microphone. No one would ever type that much without being forced (like in school).

I write every single one of my posts.

One thing, so far, is that i have not been accused of plagerism... hahahahahahaha.. because almost every little word that I type flows through my fingertips.... believe it or not?

Hey QA... since I got you on the line.. I seem to recall that I was pissed off at you for a certain amount of time around December 2015 because you were bragging in the thread and proclaiming to sell a decently large stash of your BTC for christmas shopping.. something like that.. so I recall that presentation from you as being an irritating set of interactions and circumstances because it seemed to be a kind of rubbing in, and even encouraging BTC sales at an inopportune time.  Like gloating.  

 Am I remembering correctly or was that a different year or perhaps a different forum member?  Could have been 2014 or even 2016.. but for some reason I seem to recall the situation as 2015.

Woah!

So atleast it sounds like QA change his tune? I'm guessing?

This market is so painful btw.

No.  I think that he is largely the same... which means that it is likely that his account has not been SODLed nor compromised... hahahahaha

I can still read such variations of quasi-subdued gloating in his posts that leaks out of the post seams, every once in a while.. .. at least attempting to read the overall contents and tone...  

Nonetheless, I do have to say that I did appreciate some of his relatively recent efforts to screen bitcoin maximalists, and to send smerits to largely bitcoin maximalists rather than shit coin pumpers, but I think that he had given up on that angle as long as he could figure out other means of contribution.. I suppose that he could probably elaborate, if he were to conclude that such topic were worthy of any response from his highness.  hahahahahhaha

You may have a point - he didn't even give me smerit for the post which he 'agreed' being underrated

I don't know if I am making the same point as you, but I thought that if a forum member is going to publicize some smerit distribution plan, that it would be good for the member to set forth some criteria, and I actually appreciated that initially the criteria that QA set forth, at least initially, was mostly a kind of bitcoin maximalism preference.

On the other hand, even though I saw a lot of members set up threads in which they could set forth smerit distribution criteria (not referring specifically to QA), I did not really consider that setting up such smerit distribution threads to be a fair method to distribute smerit or extra smerits - because I would think that such a set up seems to encourage a kind of self-promotional merit begging.. at least that was something that I considered to be a problematic dynamic, yet surely such practice of setting up such smerit distribution threads was not considered against any forum rules and surely giving smerits has a lot of subjectivity, even for merit sources.

I guess part of the point that I am attempting to make is that the subjectivity aspect of smerit distribution might cause a considerable amount of variance, including just lucky or unlucky timing, and in that regard, no one should really expect to receive any smerits, even from stellar posts. ...  but surely, it seems that there are decent odds that with the passage of time, substantive posters are going to tend towards receiving some smerits just by attempting to provide quality engagement.

[QuestionAuthority]

JJG doesn’t write posts. He sits and yells into a text to speech microphone. No one would ever type that much without being forced (like in school).

I write every single one of my posts.

One thing, so far, is that i have not been accused of plagerism... hahahahahahaha.. because almost every little word that I type flows through my fingertips.... believe it or not?

Hey QA... since I got you on the line.. I seem to recall that I was pissed off at you for a certain amount of time around December 2015 because you were bragging in the thread and proclaiming to sell a decently large stash of your BTC for christmas shopping.. something like that.. so I recall that presentation from you as being an irritating set of interactions and circumstances because it seemed to be a kind of rubbing in, and even encouraging BTC sales at an inopportune time.  Like gloating.   

 Am I remembering correctly or was that a different year or perhaps a different forum member?  Could have been 2014 or even 2016.. but for some reason I seem to recall the situation as 2015.

Jay, everything seems to irritate you, so I’m sure I irritated you. LOL

I did buy that boat I told you about. It’s beautiful BTW. I took it out on Tahoe in August for a week. I looks like I’m gonna get back all my btc too if the current trend continues.

[gentlemand]

gentlemand

you are a fucking freak dude

Au contraire. I'm an adorable fluffkin.

Bitmex users are getting a new and large notice warning off Americans. Is the casino about to lose a large number of degenerates?

[JayJuanGee]

The new poll is almost fucked already. This is like last November, just going in reverse.

I was living like a Saudi Prince back then after the bch fork. I was living the high life, now I’m eating pot noodle for my meal

I never heard the term pot noodles. I suspect that you mean this:



I already eat Ramen daily for a snack. Now I'm going to have to have it for breakfast, lunch, and dinner. Hope I don't end up getting a stoke or heart attack. I'm doing my best not to look at the BTC price every minute since this will compound the risk.  

watch your sodium intake buddy.

I doubt that the problem is the sodium, but instead the carbs and the bad oils (including preservatives) that end up being problematic for health considerations.

[jojo69]

gentlemand

you are a fucking freak dude

Au contraire. I'm an adorable fluffkin.

I'm not one to judge...fluffkin