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

[kenzawak]

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

[1714008237]

1714008237

[Biodom]

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.

[kurious]

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.

[Arriemoller]

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.

[Arriemoller]

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.

Well, if it's infinite it won't be worth anything. That's Economics 101.

[El duderino_]

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

Loosers hehe

THX for posting that one



gives me a reason to AGAIN post the kind of crazy F*** I am
and how committed I must be

still love that rollercoaster F***er on my arm and didn't regret it for 1 second

[Arriemoller]

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.

And also, they speak a weird, totally incomprehensible English.

[bitserve]

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

It's a pity a random spontaneous act of kindness and generosity can be so heavily criticised instead of just accepted for what it is.

[somac.]

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.

Well, if it's infinite it won't be worth anything. That's Economics 101.

That would be my understanding too, which has killed a lot interest that I initially had for it. However, how many other coins are like this? and how many of those have gone from low value to a high value.

Monero? But isn't their supply cut down to only 0.3 every block at some point?

Even with open ended supply it still seems that a lot of money can be made in the medium-term even if long-term it is destined for disaster.

50 every minute forever seems like a awful lot though.

[d_eddie]

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

Loosers hehe

Now I see what happened, and why I got some sweet merit from you.
I won't thank you, though. It's to keep you out of trouble ;-)

[goldkingcoiner]

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?

All my hate.

[El duderino_]

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

It's a pity a random spontaneous act of kindness and generosity can be so heavily criticised instead of just accepted for what it is.

the times you see the posters from meta throwing 20-30-40-50 to each other is not any better ..... (I know I have been getting some big loads as well from generous guys in here.... but I do try to spread them around, it just must be to people I think are in here with best intentions and coiners)

[yefi]

https://bitcointalk.org/index.php?topic=5096275.0
^
I suggest fill UP and win some

Thanks, I may well do

[Arriemoller]

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.

Well, if it's infinite it won't be worth anything. That's Economics 101.

That would be my understanding too, which has killed a lot interest that I initially had for it. However, how many other coins are like this? and how many of those have gone from low value to a high value.

Monero? But isn't their supply cut down to only 0.3 every block at some point?

Even with open ended supply it still seems that a lot of money can be made in the medium-term even if long-term it is destined for disaster.

50 every minute forever seems like a awful lot though.

Indeed, it will be the Zimbabwean dollar of crypto.

[d_eddie]

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/

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.

I don't get the point of that article. It says that looking for any correlations is going to find some, no matter what. So what? Correlation is not causation. Making sense of the (confirmed) correlations one finds requires insight, that's all.

[Last of the V8s]

“A lot of families will complain that their mum or dad, although frail, went into residential care still alert and within a month are like a zombie,”

https://www.theguardian.com/australia-news/2019/jan/15/nursing-homes-turning-residents-into-zombies-aged-care-royal-commission-to-hear

[PoolMinor]

https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/

Russia is preparing an investment in Bitcoin to replace the US dollar as a reserve currency in a bid to tackle US sanctions, according to a Russian economist with close ties to the Kremlin.
Cryptocurrencies have seen a surge of interest in Russia, with President Vladimir Putin expressing interest in the digital assets in recent months. Mr Ginko believes Bitcoin and the wider cryptocurrency industry now account for 8pc of Russia’s GDP, and investment to bolster the country’s reserves with Bitcoin could start as soon as February.

“[The] Russian government is about to make a step to start diversifying financial reserves into Bitcoin since Russia [is] forced by US sanctions to dump US Treasury bonds and [take] back US dollars,” Mr Ginko said.

“These sanctions and the will to adopt modern financial technologies lead Russia to the way of investing its reserves into Bitcoin.”

Been waiting for MSM to confirm this. Thanks.

Careful, this guy apparently has been citing himself for his sourcing of this information.

https://www.ccn.com/fake-news-why-russia-is-probably-not-planning-a-10-billion-bitcoin-buy/

Edit:
Sorry if this has been already addressed.

[jojo69]

A 'pebble' falling from several kilometers (without any acceleration except for gravity) will kill you I think. At least that's what I remember my calculation of over a decade ago.

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

At that time it would have lost all of its rotation and probably would be just tumbling with added air drag. A parabolic shoot on the other hand.... But still most probably not deadly... if it was so unfortunate to hit someone in the head/eyes/neck. Which is like an extremely small probability in itself. A hit to the body of person with clothes would probably just bounce (not without some moderate impact pain depending on clothes thickness) and not penetrate.

just wrong

Fatalities from falling bullets are all too frequent. The classic scenario is middle eastern wedding celebrations where falling lead kills a member of the party.  Happens too much.

[El duderino_]

Mixed thought: https://bitcointalk.org/index.php?topic=5097875.new#new

Good night into far HODLspace

[dogebearman]

Mixed thought: https://bitcointalk.org/index.php?topic=5097875.new#new

Good night into far HODLspace

Good night mate