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Question: Closing BTC Price June 28:
$0 - 5 (3.1%)
<$7,000 - 4 (2.5%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.6%)
$8,500-$8,999 - 3 (1.8%)
$9,000-$9,499 - 4 (2.5%)
$9,500-$9,999 - 27 (16.6%)
$10,000-$10,499 - 24 (14.7%)
$10,500-10,999 - 12 (7.4%)
$11,000-$11,499 - 14 (8.6%)
$11,500-$12,000 - 15 (9.2%)
>$12,000 - 41 (25.2%)
>$20,000 - 13 (8%)
Total Voters: 163

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21245133 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (66 posts by 16 users deleted.)
micgoossens
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January 15, 2019, 10:09:56 PM

people ask WHY BUY BITCOIN

https://twitter.com/Pladizow/status/1084878706802388992
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micgoossens
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January 15, 2019, 10:12:46 PM



https://twitter.com/longhashdata/status/1085015781736251392
https://www.longhash.com/news/bakkt-bitcoin-etf-fail-to-get-green-light-amid-us-government-shutdown

delayed again? BAKKT?
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January 15, 2019, 10:13:03 PM

Hi guys!!


Can someone explain why there printing more tether??
More tether.. price is going down??
 
Maybe im wrong please correct me.. just try to understand.
Last of the V8s
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Be a bank.


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January 15, 2019, 10:15:38 PM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md
VB1001
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January 15, 2019, 10:26:07 PM

Did you account for air drag, or did you only consider gravitational acceleration?

I took an average pebble out my garden. It weighs 10 grams and has a mean diameter of about 20 mm. If we assume it were perfectly spherical with a drag coefficient of 0.47, travelling through air with standard density of 1.225 kg/m^3, and plug the figures into the formula for terminal velocity we get: sqrt((2*0.01*9.81)/(1.225*(3.14*0.01^2)*0.47)) = 33 m/s or 119 km/h. If we pipe that into E = 1/2*m*v^2 for energy, we get ~5.5 J or ~4 ft-lb.

Or in other words, I need Bitcoin to do something exciting.

Perfectly spherical bullets are way different to regular bullets that end up tumbling as soon as they lose the rotational speed with a way higher air drag.

Much of the penetration of a regular gunshot is thanks to its rotational speed. That's why pipeguns are not that effective, even at very short distance, unless properly directed against unprotected vital points (neck, eyes, temple, etc).

To the mooooooon!!! weeeeeeeeee Tongue

WO is a surprise box. I share this hobby, sports shooting, it seems that they understand a lot about ballistics. Wink
bitserve
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January 15, 2019, 10:31:23 PM
Last edit: January 15, 2019, 10:48:53 PM by bitserve

Did you account for air drag, or did you only consider gravitational acceleration?

I took an average pebble out my garden. It weighs 10 grams and has a mean diameter of about 20 mm. If we assume it were perfectly spherical with a drag coefficient of 0.47, travelling through air with standard density of 1.225 kg/m^3, and plug the figures into the formula for terminal velocity we get: sqrt((2*0.01*9.81)/(1.225*(3.14*0.01^2)*0.47)) = 33 m/s or 119 km/h. If we pipe that into E = 1/2*m*v^2 for energy, we get ~5.5 J or ~4 ft-lb.

Or in other words, I need Bitcoin to do something exciting.

Perfectly spherical bullets are way different to regular bullets that end up tumbling as soon as they lose the rotational speed with a way higher air drag.

Much of the penetration of a regular gunshot is thanks to its rotational speed. That's why pipeguns are not that effective, even at very short distance, unless properly directed against unprotected vital points (neck, eyes, temple, etc).

To the mooooooon!!! weeeeeeeeee Tongue

WO is a surprise box. I share this hobby, sports shooting, it seems that they understand a lot about ballistics. Wink

Oh, past year I decided to cancel/not renew my "sports shooting" license and sell my firearms. Now I am an officially unarmed civilian  Cry Cry

For me, it was already a pretty boring and expensive hobby with all the increasing legislation, requirements and taxes. I envy our American friends in the gun regulations.
HairyMaclairy
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January 15, 2019, 10:31:33 PM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  
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January 15, 2019, 10:31:33 PM

I reckon most 'hacks' are inside jobs.
100% agreed. when looking at all other possiblities, inside job is by far the most plausible/likely.

Interesting Wired article... maybe pertinent to the WOber thread?
(Apologies if already linked as its 4 days old... I know,that's ancient history in crypto,and tbh
I don't obsess over this thread so much as I used too, fair weather fan and such....)

https://www.wired.com/story/the-exaggerated-promise-of-data-mining/

Quote
In 2018, a Yale economics professor and a graduate student calculated correlations between daily changes in Bitcoin prices and hundreds of other financial variables. They found that Bitcoin prices were positively correlated with stock returns in the consumer goods and health care industries, and that they were negatively correlated with stock returns in the fabricated products and metal mining industries. “We don’t give explanations," the professor said, "we just document this behavior.” In other words, they may as well have looked at correlations of Bitcoin prices with hundreds of lists of telephone numbers and reported the highest correlations.


So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

ha!! another legend actually paying attention to this shitcoin alt launch.
It caught my eye as I notice even theymos is interested.  
I'm definitely watching it anyway...maybe fire up a miner again, who knows...

cAPSLOCK
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UNLEASH THE FURY!


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January 15, 2019, 10:34:27 PM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.
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January 15, 2019, 10:44:02 PM
Merited by kenzawak (2), d_eddie (1)

FS you try an do good round here you get banned.

Loosers hehe

VB1001
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January 15, 2019, 10:50:03 PM

Did you account for air drag, or did you only consider gravitational acceleration?

I took an average pebble out my garden. It weighs 10 grams and has a mean diameter of about 20 mm. If we assume it were perfectly spherical with a drag coefficient of 0.47, travelling through air with standard density of 1.225 kg/m^3, and plug the figures into the formula for terminal velocity we get: sqrt((2*0.01*9.81)/(1.225*(3.14*0.01^2)*0.47)) = 33 m/s or 119 km/h. If we pipe that into E = 1/2*m*v^2 for energy, we get ~5.5 J or ~4 ft-lb.

Or in other words, I need Bitcoin to do something exciting.

Perfectly spherical bullets are way different to regular bullets that end up tumbling as soon as they lose the rotational speed with a way higher air drag.

Much of the penetration of a regular gunshot is thanks to its rotational speed. That's why pipeguns are not that effective, even at very short distance, unless properly directed against unprotected vital points (neck, eyes, temple, etc).

To the mooooooon!!! weeeeeeeeee Tongue

WO is a surprise box. I share this hobby, sports shooting, it seems that they understand a lot about ballistics. Wink

Oh, past year I decided to cancel/not renew my "sports shooting" license and sell my firearms. Now I am an officially unarmed civilian  Cry Cry

It was already pretty boring and expensive hobby with all the increasing legislation, requirements and taxes. I envy our American friends in the gun regulations.

Of course, United States is different. Cool
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January 15, 2019, 10:56:26 PM


Loosers ...


is that even a word??   Wink
Last of the V8s
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January 15, 2019, 10:58:49 PM

FS you try an do good round here you get banned.

Loosers hehe

https://i.imgur.com/N8Wyr45.gif[/img]
https://bitcointalk.org/index.php?topic=5097875.0
oh man Globb0 do be careful of those tards over there. they are mindless power-crazed robots. you may have to back down and act contrite and change your ways.
btw love what you were doing of course
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January 15, 2019, 11:05:14 PM

Liverpool family treats New Zealand beach like they treat their home, gets deported

https://www.odt.co.nz/news/national/tourists-speak-out-deportation-looms
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January 15, 2019, 11:10:42 PM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

Been watching the Grin Github devs' feed for months and was actually relieved to see the genesis block was today (finally), so not long to find out how it fits in. 

I think the endless constant emission design was a surprise (negative one IMHO) but not at all like Monero's tail emission - which is by contrast a minimal amount, far less than lost coins would be and it's arguably possible it 'may' prove to secure the network long term as a miner incentive that other POW projects lack.  Grin seems not to want to even scale down at all.  We will have to see if this is fatal, but whatever the case for Grin, I personally don't think Monero's is comparable.

As for if it takes away from Monero's position as the only credible privacy coin - I don't know.  If it becomes an optional side chain tech for Bitcoin, then maybe Monero is safe with a role as a stand-alone tech with a use case.

Disclosure: 

I should admit I have been trying to mine Grin today, but to my great shame I am hopeless at CLI stuff and have given up after syncing the miner to the chain but not being able to work out how to make the damn thing actually mine.  This is of course due to a level of incompetence in command line stuff that most here would no doubt find astounding.
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January 15, 2019, 11:11:27 PM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?
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January 15, 2019, 11:12:54 PM

Cryptopia's hack, Ethereum's fork delayed, ETF probably denied thanks to the shutdown, Bakkt maybe delayed to April... mehhh, no need to worry.

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January 15, 2019, 11:16:05 PM

Cryptopia's hack, Ethereum's fork delayed, ETF probably denied thanks to the shutdown, Bakkt maybe delayed to April... mehhh, no need to worry.



While I generally agree, let's not simplify things.
Miners are experiencing stress (losing money) as we speak.
BTC is running on POW, which is probably profitable in a fewer and fewer places right now.
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January 15, 2019, 11:18:37 PM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?

Currently set to 50 per 60 seconds (it was going to be 60/m, but I think they finalised at 50/m).  That is not designed to change.  So it's infinite.
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January 15, 2019, 11:24:55 PM

Liverpool family treats New Zealand beach like they treat their home, gets deported

https://www.odt.co.nz/news/national/tourists-speak-out-deportation-looms

Well, they are travelers, I hate those guys.
Every summer we have travelers from England driving along the countryside in Sweden trying to "fix a roof" or "Laying asphalt" or some other stuff like that. They do a bad job and ask for excessive payment and and dump their trash everywhere and threaten people who complain.
Every summer there are warnings about these guys in the paper.
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