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

[PoolMinor]

All this poker talk makes me want to play, lol. Whats a good/legit site?

Not necessarily good, but it is legit. First 100 Satoshis are free

https://blockchain.poker

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[Biodom]

My first experience with poker in Las Vegas many years ago:

Got to a machine, inserted 25c (or was it a 25c token?).
First hand-royal flush, instantaneous win of $250, and it would have been 10K if I wagered $1 instead of a quarter.
Nice...although apart from risky stocks and btc, I am not really a gambling person, so I spent those $250 on dinners, etc., did not try to take down the "house".

poker ain't not about luck only, of course there are lucky moments etc....
good you didn't try to take down the house

GG sir

Sure, and since I had no experience playing it, I did not try further (after a win).
Same with stock market and btc.
If you got a solid long position, it is typically better to leave it alone.
Trading never worked for me in stocks with the exception of the first year or two, which was probably pure beginners luck plus a raging bull market.

[HairyMaclairy]

A detailed argument for the bottom being in:

https://medium.com/@renato_shira/bitcoin-bottom-is-in-35ff1e2b9403

I don’t agree with it but worth considering. 

[El duderino_]

A detailed argument for the bottom being in:

https://medium.com/@renato_shira/bitcoin-bottom-is-in-35ff1e2b9403

That would been another merit (BOTTOM TO BE IN and another one if you agree with it haha LoL)
but have to keep it with
+1 wo sm


BUT^

time for the HODLsoberUPsleep

@cheersWO's

enjoy the fruits of life

[El duderino_]

https://twitter.com/RedditBTC/status/1084125434604937216

GOOD the fear is there

Banks in India are now saying they will now close customers' accounts if they deal in cryptocurrencies.

These legacy institutions fear what they can't control, but people should be allowed to do whatever they want with their wealth.

Long Bitcoin, Short the Bankers!

[Biodom]

starting haiku Sunday (EU time);

mic's game is coming
someone is expected to win
this time, why not me

[El duderino_]

starting haiku Sunday (EU time);

mic's game is coming
someone is expected to win
why not me this time

poem starts again
game thread not only for gains
non merit to send



NOW goodnight haha
got one not good but hope its something

gonna watch the inside of my eyelids

and leave you gents posting in peace

[Toxic2040]

A detailed argument for the bottom being in:

https://medium.com/@renato_shira/bitcoin-bottom-is-in-35ff1e2b9403

I don’t agree with it but worth considering. 

we can approximate the average price paid by people that have BTC now

I made it about this far into it(lies, I looked at the whole thing) before losing interest..   Sounds like another smallcoinerTM who bought the top. /s

From a purely theoretical view point, I applaud the energy put into trying to craft a reasonable fundamental metric for calculating bitcoins price. The reality is that we are still in a speculative market and I feel that is what will drive the price action for a considerable time to come.

[Toxic2040]

Another good read here HM...though I detest factual errors, especially within the first paragraph. Is proof reading not a thing anymore?

<..In the nine years since its launch..>

https://www.mckinsey.com/industries/financial-services/our-insights/blockchains-occam-problem

I could have sworn we just celebrated ten years..  Anyway..ymmv.

[jbreher]

Jbear

In your opinion, what are the odds that CSW is Satoshi?

I would be interested in you stating in clear terms what probability you consider this to be true?  I appreciate that certain things may be unknowable with present knowledge, but that is why we assign probabilities.  

So please tell us what is your probability that CSW is Satoshi.  

I dunno. Maybe one in twenty? In fifty?

Hard to place odds on something in which most of the variables are not available to be seen.

[BTCMILLIONAIRE]

A detailed argument for the bottom being in:

https://medium.com/@renato_shira/bitcoin-bottom-is-in-35ff1e2b9403

I don’t agree with it but worth considering.  

we can approximate the average price paid by people that have BTC now

I made it about this far into it(lies, I looked at the whole thing) before losing interest..   Sounds like another smallcoinerTM who bought the top. /s

From a purely theoretical view point, I applaud the energy put into trying to craft a reasonable fundamental metric for calculating bitcoins price. The reality is that we are still in a speculative market and I feel that is what will drive the price action for a considerable time to come.

Disagree with the bottom being in as well. The arguments and metrics he provides indicate that we could still see another leg down as well, which implies wishful thinking on his side to me.

The MVRV argument is solid though, and that is indeed expected to play out that way. Pretty sure that nobody is surprised by the notion that volatility will decrease with appreciating market capitalization though.

[BTCMILLIONAIRE]

via Imgflip Meme Generator

Didn’t use the whiskey tasting set yet, but gonna try already one
Which one to take
@BTCMILIONAIRE ??

Probably late, but I'd go with Glenfiddich or Macallan. The former is pretty smooth and easy to get into.

dammit I chivas regalt that whiskey, and still not used to it, it came in a normal glass with a small glass with ice on the side
just drunk it out of the glass with no ice
drunk it slow kept it a few seconds in the mouth.... ( tasted better as the first time) curious for the next one
doing my best with this

Should be somewhat similar to Glenfiddich, in the sense that scotches from Speyside are usually smoother than others. Haven't tried that one myself yet. In general, there are a truckload of different flavour profiles though, so trying different ones each time until you get a clearer picture isn't a bad idea. Would definitely revisit ones that I've dismissed at any point as my palette develops though.

[HairyMaclairy]

Jbear

In your opinion, what are the odds that CSW is Satoshi?

I would be interested in you stating in clear terms what probability you consider this to be true?  I appreciate that certain things may be unknowable with present knowledge, but that is why we assign probabilities.  

So please tell us what is your probability that CSW is Satoshi.  

I dunno. Maybe one in twenty? In fifty?

Hard to place odds on something in which most of the variables are not available to be seen.

Ok.  So in broad brush strokes you would place the odds of CSW being Satoshi between 2 - 5%, which is “highly unlikely” in statistical terms.

Thank you that’s helpful

[xhomerx10]

starting haiku Sunday (EU time);

mic's game is coming
someone is expected to win
this time, why not me

 Wall Observer thread
 A young, slender frog lingers
 might be a gecko?

 

Avatar-sized

 
 

[PoolMinor]

starting haiku Sunday (EU time);

mic's game is coming
someone is expected to win
this time, why not me

 Wall Observer thread
 A young, slender frog lingers
 might be a gecko?

  [imghttps://i.imgur.com/HVwxDFO.jpg[/img]http://Avatar-sized

 [imghttps://i.imgur.com/7QXL5FA.jpg[/img]
 

Hodl For Hopium
Drowned Fears For Uncertainty
Tomorrow Clears Doubt

[infofront]

All the news of advances for Bitcoin are nice.

But in LN some actors are entering the game ...,of dubious origin, banks, institutions, startups, supported by the same.

This as news is fine, you do not have the coins immobilized in LN waiting.

Crypto payment platform Bitrefill has launched Thor, a service that allows customers to open Lightning channels on demand. Thor will connect to Bitrefill's node on the Lightning Network, allowing users to receive Lightning payments whether they have bitcoin loaded into their Lightning wallets or not.

https://bitcoinmagazine.com/articles/bitrefill-channel-opening-service-makes-accepting-lightning-payments-easy/

I wouldn't worry about banks becoming major LN hubs anytime soon.

r0ach always posts his chart with Goldman Sachs, Chase, etc. as major LN hubs. What he doesn't tell you is that Theymos alone has more BTC than Goldman Sachs.

I can foresee an alternative scenario where the liquidity of LN is provided by all the cypherpunks, computer nerds, and libertarians who mined or bought most of the coins.

[Biodom]

starting haiku Sunday (EU time);

mic's game is coming
someone is expected to win
this time, why not me

 Wall Observer thread
 A young, slender frog lingers
 might be a gecko?

  

Avatar-sized

 
 

Fantastic and Sooooo inventive!
Thanks a lot. Let me just get it and install.
Somehow when i install the hat image, just the frog comes back, but not the frog on a hat together.

[xhomerx10]

^You just need to have patience.  Try logging out and back in and/or clearing your browser cache.  I can see you are changing it but right now there is no avatar.

edit: the original avatar is back

[Biodom]

^You just need to have patience.  Try logging out and back in and/or clearing your browser cache.  I can see you are changing it but right now there is no avatar.

edit: the original avatar is back

sorry for being clumsy, but i uploaded the hat jpg file, yet it shows the original instead.
maybe the hat image actually consists of two, but they are not merged, or it is a silly explanation?

I uploaded the right thing, so I'll just wait.
Thanks again.

[dogebearman]

What's going on here?



I was thinking about using this service, but all I can see is this....

Did anyone of you use it before?