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

[El duderino_]

^^
@these prices, you Made a good deal

In a foreseeable future.... take your time and look back to Posts as these “reminder of what a great buy you Made right here”

[Bitcoin Smith]

^
@these prices, you Made a good deal

In a foreseeable future.... take your time and look back to Posts as these “reminder of what a great buy you Made right here”

I hope I won't regret it later about my bitcoin purchase.

[El duderino_]

via Imgflip Meme Generator

^first time I saw this place lebowski’s 

And I thought to know Antwerp well nowadays 
How could I missed this place ?

LoL

they for sure make a great white russian

Haha I as well do love a white russian, but I doubt the place is still open, gonna look into it

[pönde]

Yesterday Linghtning Networks capacity dropped of about 50BTC/200000k$.
https://1ml.com
The reason was those lnbig.com nodes. Drop in number of nodes and channels was not so significant.. Now the capacity is increasing again, and will be were it was, maybe in two days.

Why this drop anyway happened?

[Wekkel]

Why this drop anyway happened?

Individual preferences of persons maintaining a node/channel.

[mOgliE]

Isn't it almost incredible how far the ATH or even $10K+ seems about now?

To the contrary, $10k seems incredibly near. Especially knowing that Bitcoin is still in it's infancy.

Don't say that!

I'm buying a house, I've nearly stopped my accumulation for 3 months. Only putting my forum earning on the side.

Once the moving is over I'll start accumulating again! Give me a few months left under 4k pleaaaaaaase

[Hueristic]

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.  

No that is untrue, an emission is a necessity for a currency that's goal is use and low volatility for a plethora of reasons while a cap is good for a SOV which Btc is.

[rebal15]

^
Being someone that buys BTC for long term, and knowing why he makes the choice of BTC for this long term = already an achievement and respectable on its own

If you prove it, I will pay 1k$ btc equiv. Will you accept the deal?

[bitcoinPsycho]

^
Being someone that buys BTC for long term, and knowing why he makes the choice of BTC for this long term = already an achievement and respectable on its own

If you prove it, I will pay 1k$ btc equiv. Will you accept the deal?

It's already proven ..you just have to learn how to read charts

[Hueristic]

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/

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.

It's impossible to completely keep up with this thread if you have any life and don't carry a tether (smart phone or whatever:not usdt).

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...

Satoshi's intent was privacy on the chain and that is paramount and a deal breaker in my mind if it is not currently included. BTC has not fulfilled that promise as of yet and a second layer solution is not acceptable.

Sorry if all you worshipers can't hand the truth. Monero and possibly Grin can fill that role until BTC can provide this service.

[VB1001]

We already have Binance in Europe.

Launches Binance Jersey

Crypto Exchange Binance Enters European Markets

According to the release, Binance is launching a new trading platform, dubbed Binance Jersey, designed for fiat-to-crypto trading of the euro (EUR) and British pound (GBP) with Bitcoin (BTC) and Ethereum (ETH) within Europe and the United Kingdom.

https://www.binance.je

https://cointelegraph.com/news/crypto-exchange-binance-enters-european-markets-launches-binance-jersey

Now you can save your secure bitcoins:



https://twitter.com/Trezor/status/1085200939613589504

[Hueristic]

We already have Binance in Europe.

Launches Binance Jersey

Crypto Exchange Binance Enters European Markets

According to the release, Binance is launching a new trading platform, dubbed Binance Jersey, designed for fiat-to-crypto trading of the euro (EUR) and British pound (GBP) with Bitcoin (BTC) and Ethereum (ETH) within Europe and the United Kingdom.

https://www.binance.je

https://cointelegraph.com/news/crypto-exchange-binance-enters-european-markets-launches-binance-jersey

Hmmm, won't be long before they start forcing KYC as well. Time to stop being lasy and get some cold storage going and get excess funds off of there. I hate fighting with the printer, only use it once a year or so and those cartridges drive me batty.

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

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

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

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.

Yup, Cops stole all my guns, different.

[El duderino_]

^
Being someone that buys BTC for long term, and knowing why he makes the choice of BTC for this long term = already an achievement and respectable on its own

If you prove it, I will pay 1k$ btc equiv. Will you accept the deal?

First of all come with a serious amount instead of 1K

Second, the day I have to prove myself to you is the day I consider myself a true failure
             the only way I would prove you something is if someone has me tide up and threat me of cutting of my                 
             big nuts, and pulling out my stomach through my rectum

Third and most important I consider you to be noise, no more no less

That been Said, have a Nice wednesday

[bitebits]

^ drops the Micg

[El duderino_]

^^
Small advice be or become a coiner and hang out @coiner places

Be a nocoiner and visit more suited threads to talk in

[infofront]

Repost of a classic chart (source unknown):

[Wekkel]

*remembering to hodl longer and stay alive at least until 2023*

[JimboToronto]

Good morning Bitcoinland.

Sideways again... currently $3616USD/$4792CAD (Bitcoinaverage).

Better than down I suppose.
___

Cool here in the jungle today. The locals call it "el norte" no matter which direction it blows in from. Not cold, just not hot.

It's still better than freezing in Toronto.

[Hueristic]

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

No it's not, that is a common misconception, deflationary emission can create security as well as lower volatility. There is no reason a currency should not restore lost or destroyed coins except to create a system that creates rarity of those coins and that is a SOV type system which has not been proven to be secure as of yet.

Standard economic models do not apply to crypto as they do not take the cost of the security of the currency into account.

[Hueristic]

Indeed, it will be the Zimbabwean dollar of crypto.

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.

^^^--- what he said, even though it is a different context.

If you really want to understand this then there is a ton of material from alot more intelligent people than me that can explain it to you.