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

[El duderino_]

18 december @ this time

1BTC= 3537$   cheap as F*** for those that can accumulate .... or buy first into BTC ..... don't wait and don't miss out #BUYBTContheCHEAP

[g-uid]

https://toshitimes.com/bitcoin-in-space/

How does one consume this broadcasted feed?

[El duderino_]

https://toshitimes.com/bitcoin-in-space/

How does one consume this broadcasted feed?

absolutely don't know just gonna read it as well .... but sounds strange

[g-uid]

BTC Difficulty adjustment in 2.9 hours. Watch the price after that, I suspect it is going to go down.

Difficulty follows price.  Price does not follow difficulty.

Guess we're about to find out.

via Imgflip Meme Generator

[infofront]

18 december @ this time

1BTC= 3537$   cheap as F*** for those that can accumulate .... or buy first into BTC ..... don't wait and don't miss out #BUYBTContheCHEAP

I bought exactly 1 BTC for my baby as a gift. Any idea what that will be worth in 30 years? 

[El duderino_]

18 december @ this time

1BTC= 3537$   cheap as F*** for those that can accumulate .... or buy first into BTC ..... don't wait and don't miss out #BUYBTContheCHEAP

I bought exactly 1 BTC for my baby as a gift. Any idea what that will be worth in 30 years? 

YES

exactly the same as 1 of mine

(very nice gift, any time its a good boy/girl you gonna stack that BTC address )

[Globb0]

Ill take a punt on satellite dish

[LFC_Bitcoin]

18 december @ this time

1BTC= 3537$   cheap as F*** for those that can accumulate .... or buy first into BTC ..... don't wait and don't miss out #BUYBTContheCHEAP

I bought exactly 1 BTC for my baby as a gift. Any idea what that will be worth in 30 years? 

$2,000,000

[JayJuanGee]

I wasnt ready to wait 5 years..  anyways.. just hodl

The comparative sluggishness of the rise fits in there, but the fall has been of a similar pace and percentage compared to last time.

Either way in five years I'll probably be back in nappies so sooner works better for me.

So, does that mean that you are in your late 60s or early 70s?

Mortality is surely a thing that each of us needs to appreciate in terms of the extent to which we are going to be able to wait out any potential bull run and perhaps start cashing out BTC on a regular basis no matter the price (because we know that we cannot take it with us, and should we really pass it on to others or attempt to use it while living?).

Even though I exercise pretty regularly, treat myself pretty decently, and bang on a fairly regular basis, I still experience some regular signs of my own demise to remind me of my mortality, causing me to think that best case scenario would be that I have about 10 years before I have to begin cashing out on a regular basis, but with any one of us, there could be some life changing event(s) that change our regular cashing out timeline, and cause us to feel that it is good to start the regular cashing out sooner than we had already considered to be prudnt.

I understand that there are some thread participants who are kind of aiming for a certain BTC price in the $10 to $100k arena to trigger their cashing out, which is a related, but a bit different way of considering the urgency of cashing out (versus the mortality considerations).   

[dandannn]

A few of my friends, who were watching from the sidelines for the past years, have started showing real interest in the past few weeks (following the dump from 6k). And I mostly run around nerd circles, so perhaps this 'delayed' increase in activity could be a sign of fresh casual blood FOMOing in?

Similar situation to me, especially in the last 24 hours.

Would be interesting to see the stats on user sign ups on exchanges recently.

[JayJuanGee]

BTC Difficulty adjustment in 2.9 hours. Watch the price after that, I suspect it is going to go down.

Difficulty follows price.  Price does not follow difficulty.

When I initially saw g-uid's post, I was thinking that perhaps some people make their buying decisions based on these kinds of difficulty adjustment projections, but even more that I was thinking that BTC price is not directly correlated to these kinds of adjustments, but of course, miners are deciding how much hashing power to throw at mining based on BTC price and profitability, so there is a bit of a back and forth going on there, which is likely responding to price incentives... so if the price keeps going down, then difficulty is likely to keep going down, too.  

In sum, Hairy is correct, as usual.        why am I even posting here? 

[gentlemand]

So, does that mean that you are in your late 60s or early 70s?

No. Just a bone idle cabbage.

There's a party in my pants. And time bomb in my ribcage.

[JayJuanGee]

So, does that mean that you are in your late 60s or early 70s?

No. Just a bone idle cabbage.

Aren't you worried about how long you will live?

I see people in regular life who look like very unhealthy, and sometimes, just walking and attempting to eat healthy foods, such as all natural, steaks, eggs and things like that, can really go a long way to providing energy.  Might not cause you to live forever, but would likely increase energy levels and even increase odds of longer life (to be able to longer enjoy the fruits of the likely upcoming BTC price gains - even if they are delayed until 5 years into the future).

By the way, in my youth, I never really sought to be rich or to pursue money because I thought that those kinds of pursuits were superficial in comparison to engaging in activities that really are enjoyable on a personal level.  With regards to BTC (and my fortunes that have come through such BTC investments), I consider them to be kind of side benefits and icing on the cake to cause me to become much more rich than I had ever planned on becoming.  Merely an ongoing good fortune for me that was more of a side-hobby than a central means to income (at least how it has played out for me, so far).

[HairyMaclairy]

why am I even posting here? 

The bottom is in

[gentlemand]

Aren't you worried about how long you will live?

If you're a purple bloated leaking gasbag with millipedes crawling out your eye sockets then you tend not to worry about such things any more.

Anyway I remember you offering Rpietlia some health advice once upon a time and look what happened to him.

[cAPSLOCK]

https://www.bitcoincashlitigation.com/

stupid but funny

unrelatedly  hodl meme is 5 years old today https://bitcointalk.org/index.php?topic=375643.0

One side who call themselves Bitcoiners are forking off the main chain, keeping their ASICboost advantages.  Forking of from each other, litigating, patenting, suing each other, and doing overall damage to the reputation of Bitcoin and general crypto ecosystem.

The other side, whom they despise, are putting the BTC blockchain into orbit on sattelites for free use by anyone with a dish on (so far) almost anywhere on Earth, while working on important Layer 2 tech which will benefit them, but also the world.

I am rooting for the good guys.

GPS has changed the world.  What do you think Blockchain satellites will do?

[JayJuanGee]

One interesting thing is that we rallied yesterday, despite (or because of?) the equities selloff. Equities are mostly flat today, as is BTC.

So far I remain unconvinced of any correlation, but it will be interesting to see if there's an inverse correlation if the stock market continues fall.

Personally, i believe that sometimes we are going to see correlations in the shorter time frames that might not exist very much when we zoom out to longer time frames.

So, it may not matter too much, that you are able to identify short term correlations.

[JayJuanGee]

BTC Difficulty adjustment in 2.9 hours. Watch the price after that, I suspect it is going to go down.

Difficulty follows price.  Price does not follow difficulty.

Before you can put more money in safety deposit box you have to increase security. In Bitcoin lingo Hashrate is security.

This is really fundamental, some post around here outright scary. 

You buying into the Bitcoin downward spiral theory that is based on hashpower decreases?   

Let's see how it plays out, but those theories seem to be motivated by FUD spreading attempts rather than real and meaningful threats to bitcoin's actual security.

[HairyMaclairy]

BTC Difficulty adjustment in 2.9 hours. Watch the price after that, I suspect it is going to go down.

Difficulty follows price.  Price does not follow difficulty.

Before you can put more money in safety deposit box you have to increase security. In Bitcoin lingo Hashrate is security.

This is really fundamental, some post around here outright scary.  
 

Hashrate is at August 2017 levels (which is huge) and just had a spike up, beartard.  As a shorter, I recommend you start closing your positions before they get closed for you. 

[JayJuanGee]

BTC Difficulty adjustment in 2.9 hours. Watch the price after that, I suspect it is going to go down.

Difficulty follows price.  Price does not follow difficulty.

Guess we're about to find out.

via Imgflip Meme Generator

Now, you are talking pure dumb.

Do you have a brain, or you just want to spread FUD?

Even if the price is dumped or pumped based on some kind of worldly scenario (such as difficulty adjustment) does not mean that such price dump (or pump) was caused by such correlated event.  In other words, you are coming off as either motivated to spread FUD (better case scenario) or retarded.