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

[JayJuanGee]

From current prices what crypto do you think will 10x first, Ethereum or Bitcoin?

Both ETH and BTC will not make 10X so forget 10X and get into seeing bitcoin being used as a means of payments worldwide, this should be our main objective

Two shills battling for a bitcoin narrative.   

[JayJuanGee]

Why two merits for this image? What am I missing here?

Price movements like Bart’s hair

- Bart
- De-bart
- Bart
- De-bart

We’ve been stuck in this shitty range for ages now

Up, down, up, down, up, down in small (ish) increments

In 2015, we were stuck in a price range that was largely in the mid $200s for a bit more than 8 months, so currently, we are quite a distance from that level of stagnation.  I am thinking that it could be good to be stuck here for a bit longer, and I would prefer this range than to go below $3k and get stuck in a lower range, if that were to happen, which is certainly possible.

[nanobtc]

Sideways, sideways....

Well... After the btcmillionaire more than successful subject about creating a self sustainable pond in his property... I would like to ask.... Anyone here has fully self-sustainable solar powered property? I have studied a lot about it, but some real life experience from another fellow WO'er would be great.

I think it is already at the point where it is cost efficient (more so considering where I live... SUN all the time!) and I am perfectly capable of doing everything myself and know my shit about buying stuff for way less that its usual price (either second hand or surplus) which will also help reduce the total cost substantially.

The property already has its own waterwell with enough capacity to fill the 125000 litres pool over a couple days. So it is only the power grid what I would like to cut off for a completely self sustainable property. My dream!

Will WO also deliver this time? lol

I am certainly not an expert, but are you building new, or retrofitting an existing AC wired home/building? With solar I think you have two main choices to wind up with usable electricity: Use an inverter to convert it to AC to run your existing appliances (expensive), or build new, with larger wiring in the walls for DC (to avoid voltage drop), then find all DC appliances (expensive). Many do that with camping and RV appliances.

That is on top of the power generation itself. Then if you want to watch TV at night (or whatever) you need batteries/storage (expensive).

I don't know what your weather is, but you can get better BTUs per dollar of heating perhaps with a passive heat storage, and pump heated water around. Perhaps gravel beds under the house, and/or water for thermal storage. If you need air conditioning, you need a serious inverter (expensive) or RV AC unit. I haven't looked, there are surely green-type DC appliances now that are better than using camping/RV appliances. It would look funny for your luxurious BTC millionaire home to have tiny RV fridges around...

If you are building new, it's much easier to implement some of this stuff, compared to retrofitting.  I am not an expert.

A 125000 liter pool doesn't sound very large (is this a swimming pool?), where I am from ponds are small (measured in tens of thousands of gallons), and lakes are measured in acres. Depending on your weather, perhaps some sort of geothermal involvement could help, and that takes a lot of power for all the pumping.

[xhomerx10]

Cylinder Maximalist

 Don't worry, I have a plan for our little friend.  No whitepaper yet but I think those are overkill and cause a lot of unnecessary infighting.



edit: VeeCash! VeeCash! VeeCash!

[Last of the V8s]

rude

[xhomerx10]

rude

see edit

[Toxic2040]

Sideways, sideways....

Well... After the btcmillionaire more than successful subject about creating a self sustainable pond in his property... I would like to ask.... Anyone here has fully self-sustainable solar powered property? I have studied a lot about it, but some real life experience from another fellow WO'er would be great.

I think it is already at the point where it is cost efficient (more so considering where I live... SUN all the time!) and I am perfectly capable of doing everything myself and know my shit about buying stuff for way less that its usual price (either second hand or surplus) which will also help reduce the total cost substantially.

The property already has its own waterwell with enough capacity to fill the 125000 litres pool over a couple days. So it is only the power grid what I would like to cut off for a completely self sustainable property. My dream!

Will WO also deliver this time? lol

Totalmente sostenible es posible pero difícil debido a varios factores. Lo primero y más importante es que el Sol solo brilla tantas horas al día. Así que puedes tener tantos paneles fotovoltaicos como quieras, pero durante las horas nocturnas, estarás de vuelta en la red. Para resolver esto, debe tener algún tipo de almacenamiento y ahí es donde se vuelve más complejo y costoso. Primero tienes que averiguar cuál es tu presupuesto de energía y luego trabajar desde allí.
Puedo decirle que, al reemplazar los paneles solares en mi bote y poner un pequeño sistema atado a la rejilla en mi cabina, sigue siendo extremadamente costoso y el ROI puede ser de más de 10 años como mínimo. También diré que hay un montón de recursos disponibles con solo una simple búsqueda en google. Le daré una fraseología específica que podría ayudarlo a reducir sus opciones.

1) Paneles fotovoltaicos monocristalinos con PERC
2) controlador de carga MTTP
3) Baterías de fosfato de litio y hierro o LiFePO4
4) Inversor de coseno verdadero

Lo más probable es que pueda pagar tanto por el banco de baterías como por el sistema fotovoltaico, pero ese no es el lugar para escatimar. Las baterías de 12 voltios están bien para sistemas en un bote pequeño o en una cabina que no se usa todo el tiempo. Si planea un uso diario o tiene un presupuesto de energía significativo, le recomendaría un banco de 48v o al menos 24v. Agregaré que me tomó casi 2 años y mucho ensayo y error descubrir lo que necesitaba e implementarlo en un sistema viable. ymmv.

[Torque]

via Imgflip Meme Generator

https://twitter.com/misir_mahmudov/status/1085668456614293504?s=21

Conversely, no one questions why fiat has the purchasing power it does. Who sets those prices? How would anyone know if they are just, or fair?

Everyone is a fiat maximalist with their heads stuck in the sand.

[d_eddie]

....  But mostly the forks have little to no impact and are ignored.  

Well yeah, but a lot of folks in here, myself included, got free bitcoin from dumping them, so there's that.

It's like an inflation tax, partly rebatable. The actual rebate rate (possibly over 100%) depends on when/if the fork is pocketed (never? Then 0%).

[Dig Bicks]

via Imgflip Meme Generator

https://twitter.com/misir_mahmudov/status/1085668456614293504?s=21

Conversely, no one questions why fiat has the purchasing power it does. Who sets those prices? How would anyone know if they are just, or fair?

Everyone is a fiat maximalist with their heads stuck in the sand.

USA military sets those prices

[Last of the V8s]

rude

see edit

see v-sign

[jojo69]

what a community 

Will make the $100,000 party all the better 

Where is this being hosted anyway?

Your mom's house.

You, uh, probably don't want to be there.

[d_eddie]

The 21 million limit and block reward reductions are not set in stone. All it takes is consensus and these things can be changed.

Easier said than done.  Good luck with those kinds of core change proposals that you believe to be so potentially malleable.

21 words. No appearance of "seemingly", still with substitutes of sorts ("you believe to be so potentially"). That's some progress. Due where's due. Missing GTFO though.

[Last of the V8s]

https://bitcointalk.org/index.php?topic=5098450.0 grin is now accepted for forum payments
 

edit: gone off grin a bit after reading that. still mining but

[jojo69]

OK which one of you is this?

Jbear is that you?

https://www.zerohedge.com/news/2019-01-16/how-i-made-1-million-bitcoin-and-lost-it-all-again

https://i.ibb.co/4Nh4ff3/4912.jpg

I don't know why I'm replying. But... not. even. close.

I see JB, more like this

[HairyMaclairy]

https://bitcointalk.org/index.php?topic=5098450.0 grin is now accepted for forum payments
 

When Pornhub

[jojo69]

Cylinder Maximalist

 Don't worry, I have a plan for our little friend.  No whitepaper yet but I think those are overkill and cause a lot of unnecessary infighting.



edit: VeeCash! VeeCash! VeeCash!

uhhhhhhh

that's a straight 8

[Last of the V8s]

damn right

[HairyMaclairy]

Cylinder Maximalist

 Don't worry, I have a plan for our little friend.  No whitepaper yet but I think those are overkill and cause a lot of unnecessary infighting.



edit: VeeCash! VeeCash! VeeCash!

uhhhhhhh

that's a straight 8

Is anyone surprised that V8 Cash is engaging in deceptive and misleading marketing practices ?

[d_eddie]

However, IMHO, next bull would probably be the last one (or penultimate) driven mostly by halvings because at some point we would have to transition to a situation where miners make money mostly from tx and not from block mining.

Lest we forget halvings are bound to be non-events soon.
+1 WOsMerit

I think a lot of folks like myself invested/mined when bitcoin in 3 figures.
Then watched their stash balloon to 20k/coin and didn't sell thinking
 "oh it's gonna be 50k in a month or 2 . I'd be foolish to dump it now!!!"
yeah that was me....But still holdinghodeling ..still way up despite the 80% crash.
But damn! I left a shitload of doe on the table.... (I'm not the only one, that's for sure)
No worries... it could be a lot worse.. I pity the grandmas and taxi drivers that bought at 19k.
fomo can be deadly in crypto.

Anyway, as always, as Jimbo says.... GO BITCOIN

Real life bullishness. I raise my half-full glass.
+1 WOsMerit

Repost of a classic chart (source unknown):

This is my take on that chart that infofront posted after some consideration. I think the next peak will be in the 2nd half of '21 in December. If this is any indication then we will have one week between now and mid-summer of fairly extreme volatility that will make a yearly ATL before trending upwards. Many assumptions and a fair amount of bias here so do your own research.

A clear prediction, easy to check for correctness. With the usual graphs (I cut them out). You spoil us by making this thread look as if we were watching prices. I was surprised when I saw you'd become a hero. Could have sworn you were already.