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

[BTCMILLIONAIRE]

https://bitcointalk.org/index.php?topic=178336.msg49272177#msg49272177 ^

Guess the non-English language made the entire post, including quote, just fly under my radar. I retract my former post. WO delivers.

Edit: Nevermind, I'm just blind.

[Bitcoinaire]

We're close to breaking out.

[sirazimuth]

I can't believe it . I actually figured it out.
I'm mining Grin... its Theymos approved so don't shit on me, okay chaps?
And besides, I need a shiggle and and grin in my old age....

[VB1001]

^^
It may be because of this:

Mimblewimble has privacy features, but it also has the first really impressive, true scaling solution in crypto. Privacy-wise, Monero is probably better overall, but its scaling is abysmal, and neither coin can be treated as an impenetrable black box.

https://bitcointalk.org/index.php?topic=5098450.msg49272582#msg49272582

I just replied on that thread. Grin is limited to 10 TPS, which is abysmal, and not much of a "true scaling solution".
It reduces blockchain bloat though.

Following ANN of Grin will see how it develops.

Thx.

Now we support Grin.
theymos:
Therefore, I'm happy to announce that the forum is now accepting grin payments automatically, probably the first site other than exchanges to do so. You'll find a link at the bottom of the evil-fee and copper-membership pages.

https://bitcointalk.org/index.php?topic=5098450.0
https://bitcointalk.org/index.php?action=credit;promote

 I don't want to sound disrespectful to Theymos. This is his house, and we are all guests here. I'm grateful for his efforts in maintaining this community through myriad challenges.

 Having said that, I'm not sure what i think about this.

 The fact that we already have ASIC's being deployed for this project leaves me extremely dubious. I understand that spinning up new ASIC's for crypto-du-jour is becoming a regular occurrence, now, but am not entirely sure what Grin brings to the table compared to BTC/Lightning.

 I'm being much more neutral-bearish-jaded, looking forward, than I was in 2018.

 Fuck 2018.

 No lube.

 HODL.

It is not my intention to disrespect anyone.

Later:

Satoshi(2)?

If it's true, it could be good for Bitcoin.

Mimblewimble is a protocol that was put forward by an "anonymous user in a Bitcoin developers chatroom" by the name of Tom Elvis Jedusor (the French name of fictional Harry Potter character, Voldemort). Mimblewimble itself is the name of a spell used to tongue-tie victims in Harry Potter. Jedusor left a link to a whitepaper in which he outlines that by using the Mimblewimble protocol, the scalability, as well as the privacy of the Bitcoin network, could significantly be enhanced.

https://www.mycryptopedia.com/mimblewimble-explained/

^
It can be a winning Altcoin, of course, but it can also be a disaster.

Bitcointalk for many is the Bitcoin temple. I'm surprised that you apply this change in the payment method so quickly, just this.

And they all think the same.

(I will connect a miner that I have this weekend, to remember old times....)

[Arriemoller]

What's the general consensus on Grin? Are we buying it or Is theymos trolling us again with another shitcoin? (remember howey) No address, no coins, sounds weird af. I don't know what to think about it.

 
With unlimited supply and 50 grins made every minute, it's destined to die young.

[HairyMaclairy]

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

WO please, I understand that we're not on a 90 degree up course to the moon, but this thread has a reputation to uphold. Somebody respond to the man.

Not a licensed electrician?  Want to be a human bug zapper?  Wire your own solar panels.  

[El duderino_]

What's the general consensus on Grin? Are we buying it or Is theymos trolling us again with another shitcoin? (remember howey) No address, no coins, sounds weird af. I don't know what to think about it.

 
With unlimited supply and 50 grins made every minute, it's destined to die young.

haha the slaughter is over for the day

and grin.... i'm ain't missing out on something?

[El duderino_]

setting things straight as we speak

nope. poloniex problems perfectly timed to shut that spike down
https://twitter.com/Poloniex/status/1086009030114463749

Oh shit!  I am pretty sure I had a half dozen or so pinkcoin on there that they airdropped me 5 years ago!

How sad...

I meant, put things in order pokerwise, was running behind, but not anymore
just gonna need to be strong the next 6 sessions (wanna create some games, so need some BTC flowing)

[El duderino_]

@infofront

create the poll with two extra prices 1 under 2000 and 1 above 6500

then you exclude the overbearish as the overly bullish

[El duderino_]

just read this : Buy bitcoin.
                      Spend bitcoin.
                      Replenish bitcoin.
                      Repeat

and               :Earn bitcoin.
                     Buy stuff.
                     Live on bitcoin.

I can say I do that for a big part, but also with always ADDING %'s to the cold storage
and I think its a good way of working with BTC

[El duderino_]

https://twitter.com/coinmetrics/status/1086013465926529024

[bitserve]

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.

The house is already AC powered from the power grid.

Yes, I know the elements needed in the installation. In fact there are more than a simple inverter which might be the case for that example of a RV.

The AC wiring I am already renovating to current standards (better cables, more section, etc...) so I could do a parallel DC grid but that is not what I really want.

Heating is not really a problem where I live, (cool) air conditioning is. Also the pool pump and waterwell pump are quite powerfull. I would need to sustain around 5KW peaks in total for the entire house power needs.

I know that is probably too much for solar but I have a 150 square meters sun oriented surface above the house where I could install the panels. So there's more than enough space.

Then I see 300Watts panels are 1x2 meters square. I know panels don't usually deliver its max power but I am not sure what to expect IRL delivered power.... ie: 80% 50%?

I will probably just install a couple and see how it goes before adding more if the result is satisfactory but I supposed there would be some fellow WO member that had already did it (because of self sustain and all that).

Yeah, it is a swimming pool. Here it is considered a big pool I mean for a private/non-shared one. In fact I would prefer if it were a bit smaller or less deep but I can live with it thanks to the waterwell almost free water... otherwise I would be ruined by the water bill soon lol

Geothermal doesn't make sense around here. I mean, heating is not problem, it is electricity what I need to power the cooling air conditioners.

[Toxic2040]

WO please, I understand that we're not on a 90 degree up course to the moon, but this thread has a reputation to uphold. Somebody respond to the man.

https://bitcointalk.org/index.php?topic=178336.msg49272177#msg49272177 ^

Guess the non-English language made the entire post, including quote, just fly under my radar. I retract my former post. WO delivers.

Edit: Nevermind, I'm just blind.

It was a sort of personal post for Bitserve and more importantly, I like to mess with you all. Anyway...disculpas, pensé que todos aquí podían leer español..

Not a licensed electrician?  Want to be a human bug zapper?  Wire your own solar panels.  

Absolutely HM! Don't learn how to do anything for yourself. /s

On the serious side..ya..this stuff can actually kill you or a loved one if you mess it up. That being said there are a lot of good resources out there to learn enough to competently install your own systems. If your not 100% confident in your own skills I would say build it, then hire a qualified electrician to check out your work or have it inspected by the local relevant authority.

People fear what they do not understand.

[bitserve]

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.

Yes I know I would need batteries and in fact that would be the most expensive part of the project for the amounts of energy I would need to storage. But if the solar panels are able to deliver the 5KW I would need during sun hours then I would move to the second phase (battery storage) before cutting from the grid. If it doesn't then maybe I will anyways install some panels to reduce the electricity bill but my idea of a completely self sustained property would not be viable.

I suppose there are many differences between a small boat/RV installation and a home one. Main one being the space limitation to install enough panels and maintaining the proper orientation and angle against the sun.

Btw, was that a google translation or is it you? lol

[bitserve]

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

WO please, I understand that we're not on a 90 degree up course to the moon, but this thread has a reputation to uphold. Somebody respond to the man.

Not a licensed electrician?  Want to be a human bug zapper?  Wire your own solar panels.  

C'on we are talking about low DC power here.... just don't touch the inverter output (or any other 220V AC live wiring) when it is active but thats some common sense.

P.S.: Of course don't short circuit the panel wiring.... no electroshock but nice sparks and wire melting assured.

[realr0ach]

Pretty good video.  It turns out all the artwork for video game covers in the 80's and 90's was...done by one guy:

https://www.youtube.com/watch?v=dw-SPY4n0s8

And of course he's now broke.  He's also never even played a video game in his life but somehow created all the artwork for every game that exists.

[Toxic2040]

Yes I know I would need batteries and in fact that would be the most expensive part of the project for the amounts of energy I would need to storage. But if the solar panels are able to deliver the 5KW I would need during sun hours then I would move to the second phase before cutting from the grid. If it doesn't then maybe I will anyways install some panels to reduce the electricity bill but my idea of a completely self sustained property would not be viable.

I suppose there are many differences between a small boat/RV installation and a home one. Main one being the space limitation to install enough panels and maintaining the proper orientation and angle against the sun.

It's really all pretty much the same. The main difference is the type of voltages required. Higher voltages mean you can run your wires farther on a narrower gauge wire with less resistance. Typical electrical instillation's want to stay below 80% of your total capacity. ie, if you want 5kW of continuous load then plan on having a 6kW or higher system. Like I mentioned before having a good inverter is key. You don't want a bunch of noise in your circuit playing havoc with valuable electronics.

[stadus]

Voted again, hope this time >$5,000 will hit

[bitserve]

Yes I know I would need batteries and in fact that would be the most expensive part of the project for the amounts of energy I would need to storage. But if the solar panels are able to deliver the 5KW I would need during sun hours then I would move to the second phase before cutting from the grid. If it doesn't then maybe I will anyways install some panels to reduce the electricity bill but my idea of a completely self sustained property would not be viable.

I suppose there are many differences between a small boat/RV installation and a home one. Main one being the space limitation to install enough panels and maintaining the proper orientation and angle against the sun.

It's really all pretty much the same. The main difference is the type of voltages required. Higher voltages mean you can run your wires farther on a narrower gauge wire with less resistance. Typical electrical instillation's want to stay below 80% of your total capacity. ie, if you want 5kW of continuous load then plan on having a 6kW or higher system. Like I mentioned before having a good inverter is key. You don't want a bunch of noise in your circuit playing havoc with valuable electronics.

If I can get near 80% max output from the panels then I guess this would be viable and cost effective. Panel price has dropped a lot in the past few years. Just an example:

https://autosolar.es/paneles-de-conexion-a-red/panel-solar-270w-talesun-policristalino

And they can bought even cheaper.

So, at less than 0.5$/Watt I would say the ROI would be reasonably good.

Good advice that of the inverter. The panels I understand don't matter that much and mostly just care about the cost per Watt, but will be very careful on choosing a good inverter thanks!

[El duderino_]

Voted again, hope this time >$5,000 will hit

Voted and wishes are not the same thing
I hope as bullish and as fast as possible always, cause I have one of the biggest BULLhart’s of the forum....
But there still is a diffrence with wishes and whats happening
Ofcourse if you always take the most BULL price Then their Will be a moment when it Will happen