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

[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.

[JayJuanGee]

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? 

Baby has to wait 30 years?  You BIG meanie!!!!!!!!!

[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? 

$2,000,000

Haha only 30 years pffffff

Better 3 years to get there, Mic is getting greedy

But what do i gotta do HM just Said the bottom is in.... gonna be hell of a drinking this weekend, now @the moment just gonna celebrate it with watching L.O.T.R. 1
Just love those movies

*@kylapoiss gonna send you another list, just been busy last days .....

[empowering]

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

How does one consume this broadcasted feed?

Coverage Area

Blockstream Satellite currently covers nearly 2/3rds of the Earth's landmass. To see if you are in the coverage area, use our Interactive Coverage Map

Hardware Required

To utilize the Blockstream Satellite network, you must have the following hardware at a minimum. These items are available from resellers around the world and we are currently working with a vendor to provide complete kits and components.

Following is a list of all the hardware required:

45cm Ku Band Satellite Dish (antenna)
PLL LNB (linear polarization) w/ < = 200kHz LO stability
LNB Power Supply
LNB Mounting Bracket
Software Defined Radio interface
Cables, Connectors, and Mounting Hardware
1. Minimum 45cm Satellite Dish (bigger is better)

Blockstream Satellite is designed to work with small antennas only 45cm or larger in diameter. However, a larger antenna is always better. When possible, we recommend installing an antenna larger than 45cm if one is readily available. 60cm, 90cm, and 1.2m antennas are readily available.

Other than size, the only other requirement is that the antenna will work with Ku band and higher frequencies.

Satellite Frequency Bands

Blockstream Satellite operates in Ku band.

C band: 3.4 GHZ - 4.2 GHz

Ku band: 11.7 GHz to 12.7 GHz

Ka band: 17.7 GHz - 21.2 GHz



Software Requirements

Three software components are needed to utilize Blockstream Satellite:

Bitcoin Fibre: http://bitcoinfibre.org

GNUradio: http://gnuradio.org

Blockstream Satellite Receiver: https://github.com/Blockstream/satellite



All this and more = https://github.com/blockstream/satellite

edit updated links

https://blockstream.com/satellite/#satellite_network-coverage

https://blockstream.com/satellite-documentation/

https://blockstream.com/satellite/#satellite-resources
 

[JayJuanGee]

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.

You are correct.   I prefer to consider my "advice" as mere brainstorming suggestions, but still some folks are just lost causes (or perhaps too far gone, which may have been the case with Rpietila, and even maybe your case, too, as you are suggesting). 

Hey, I did appreciate your earlier quality of life comment in which you asserted that there is a party in your pants.  That is a very good thing.  One decent sign of life does seem to be libido (even though there can be questions regarding whether the physicality (meat wagon) of some folks is capable of such libido).  I do understand that people do create other pursuits when they don't have libido, but ongoing libido does seem to be a good quality of life thing. 

[TeeBone]

Good trading range over the next 6 months or so. Doubtful the train is leaving, yet. You can accumulate alot of coins trading in this 2.5-5K range, easy 30-50% swings. I, for sure, will be selling into this incoming bull trap.

[d_eddie]

Observation: While we have established there does not appear to be any discernible price correlation, between mempool size and BTC price, I did notice that the mempool has dramatically inflated over the last two hours.

https://jochen-hoenicke.de/queue/#1,24h

Wormsign.

A shake might be in the works. Which side? I'm bracing for either, by softly ramping out.

This is second order price watching info, as if we were observing walls. Good stuff.

+1 WOsMerit

[g-uid]

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

How does one consume this broadcasted feed?

Coverage Area

Blockstream Satellite currently covers nearly 2/3rds of the Earth's landmass. To see if you are in the coverage area, use our Interactive Coverage Map

Hardware Required

To utilize the Blockstream Satellite network, you must have the following hardware at a minimum. These items are available from resellers around the world and we are currently working with a vendor to provide complete kits and components.

Following is a list of all the hardware required:

45cm Ku Band Satellite Dish (antenna)
PLL LNB (linear polarization) w/ < = 200kHz LO stability
LNB Power Supply
LNB Mounting Bracket
Software Defined Radio interface
Cables, Connectors, and Mounting Hardware
1. Minimum 45cm Satellite Dish (bigger is better)

Blockstream Satellite is designed to work with small antennas only 45cm or larger in diameter. However, a larger antenna is always better. When possible, we recommend installing an antenna larger than 45cm if one is readily available. 60cm, 90cm, and 1.2m antennas are readily available.

Other than size, the only other requirement is that the antenna will work with Ku band and higher frequencies.

Satellite Frequency Bands

Blockstream Satellite operates in Ku band.

C band: 3.4 GHZ - 4.2 GHz

Ku band: 11.7 GHz to 12.7 GHz

Ka band: 17.7 GHz - 21.2 GHz



Software Requirements

Three software components are needed to utilize Blockstream Satellite:

Bitcoin Fibre: http://bitcoinfibre.org

GNUradio: http://gnuradio.org

Blockstream Satellite Receiver: https://github.com/Blockstream/satellite



All this and more = https://github.com/blockstream/satellite

edit updated links

https://blockstream.com/satellite/#satellite_network-coverage

https://blockstream.com/satellite-documentation/

https://blockstream.com/satellite/#satellite-resources
 

Awesome. Thanks!

[g-uid]

why am I even posting here? 

The bottom is in

Disagree.

[El duderino_]

why am I even posting here? 

The bottom is in

Disagree.

Do not question HM