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

[Toxic2040]

Flattening out over the next 24 hours for more consolidation. A breakout would move above last weeks local high at $4.147k and leap over the ATH down trend line. Not hodling my breath but anything is possible.
1h


Sometimes for me..its hard to distinguish the forest from the trees if you know what I mean. To mitigate false positives and other noise from the chart I sometimes turn off the candles and just look at what the Cloud is trying to say. Looks like a big ol' bowl of guacamole to me..but hey, I am hungry. #dyor
4h

#stronghands'19
---------------
p.s. Hey infofront...I see what you did there..so I had to vote for dumpage. My answer might have differed without the inclusion of bcash.

Time for a new poll? 

[infofront]

Yeah it's time for a new poll.

Final results from the last one:

[jojo69]

^Anyone have a tl;dr for those books? 

we're fucked

[HairyMaclairy]

The next 4 hours are critical  - we stand ready to break through the final bearline.

[jojo69]

The next 4 hours are critical  - we stand ready to break through the final bearline.

If you disregard the froth of the 20K top you can draw all kinds of resistance between 46 and 4850

[HairyMaclairy]

A handmaid's tale is fucking feminist circle jerk and the dumbest shit ever. Like companies would lose profits to fire women. Free market keeps that shit from happening.

https://en.m.wikipedia.org/wiki/Marriage_bar

Just sayin...

[Biodom]

All things considered, I vote to replace " A handmaid's tale" with a "Canticle for Leibowitz", but all excellent choices to illustrate a point.
Which one?

A scorpion asks a frog to carry it across a river.
The frog hesitates, afraid of being stung by the scorpion, but the scorpion argues that if it did that, they would both drown.
The frog considers this argument sensible and agrees to transport the scorpion.
The scorpion climbs onto the frog's back and the frog begins to swim, but midway across the river, the scorpion stings the frog, dooming them both.
The dying frog asks the scorpion why did it do it [stung the frog], to which the scorpion replies "I couldn't help it. It's in my nature."

[HairyMaclairy]

The next 4 hours are critical  - we stand ready to break through the final bearline.

If you disregard the froth of the 20K top you can draw all kinds of resistance between 46 and 4850

I don’t want to live in a world where we never went to $20k

[JayJuanGee]

The next 4 hours are critical  - we stand ready to break through the final bearline.

If you disregard the froth of the 20K top you can draw all kinds of resistance between 46 and 4850

I don’t want to live in a world where we never went to $20k

Exactamente!!!!

That ship has sailed

like water under the bridge

 toothpaste out of the tube

 a cat out of the bag

spilt milk

and

a genie out of the bottle

There are probably more similar expressions, but I cannot think of anymore off the top of my head.

[jojo69]

thar she blows

[HairyMaclairy]

Boo yah !

[Toxic2040]

The next 4 hours are critical  - we stand ready to break through the final bearline.

If you disregard the froth of the 20K top you can draw all kinds of resistance between 46 and 4850

I don’t want to live in a world where we never went to $20k

Almost there....now what? I keep waiting for the earth to shake or there be some other sign..then I remember its just a line of pixels on my screen.


Frothless.

[Paashaas]

People still drinking milk?

It was made to grow babies not for adults.

[Toxic2040]

All things considered, I vote to replace " A handmaid's tale" with a "Canticle for Leibowitz", but all excellent choices to illustrate a point.
Which one?

A scorpion asks a frog to carry it across a river.
The frog hesitates, afraid of being stung by the scorpion, but the scorpion argues that if it did that, they would both drown.
The frog considers this argument sensible and agrees to transport the scorpion.
The scorpion climbs onto the frog's back and the frog begins to swim, but midway across the river, the scorpion stings the frog, dooming them both.
The dying frog asks the scorpion why did it do it [stung the frog], to which the scorpion replies "I couldn't help it. It's in my nature."

Anything that makes you think is good in my book. I do think the above is perhaps my favorite parable of all time. Simplistic at first glance, I enjoy the rabbit hole it can take you down.

+1 WOsMerit

[Biodom]

A premise: you wake up one day, and nobody knows anything about bitcoin (or any other crypto)...cypherpunk does exist, just no bitcoin..you, however, know as much as you know now.
Similar to "Yesterday" [the movie] premise, which is that all "Beatles" info got somehow erased from the mankind's collective memory with the exception of the main character (I am sure that there might be a twist in the end, though).
https://www.youtube.com/watch?v=6uqvgPm8U4c

I know that this is impossible, but what would you do?
Is someone here with a knowledge to reconstruct Satoshi's paper?
I am simply curious since I know the general outline, but probably wouldn't be able to properly formulate it.

[Ibian]

^Anyone have a tl;dr for those books?  

You need to read them.

As in, you need to read them. Gives a clearer view of how the clown world we live in work. (start with 1984 and brave new world)

[Ibian]

A feminist circle jerk sounds hot.

You forget one thing. Quality control.

[Icygreen]

People still drinking milk?

It was made to grow babies not for adults.

Is this better?
https://www.youtube.com/watch?v=VMlpmqKGwZE

[HairyMaclairy]

A premise: you wake up one day, and nobody knows anything about bitcoin (or any other crypto)...cypherpunk does exist, just no bitcoin..you, however, know as much as you know now.
Similar to "Yesterday" [the movie] premise, which is that all "Beatles" info got somehow erased from the mankind's collective memory with the exception of the main character (I am sure that there might be a twist in the end, though).
https://www.youtube.com/watch?v=6uqvgPm8U4c

I know that this is impossible, but what would you do?
Is someone here with a knowledge to reconstruct Satoshi's paper?
I am simply curious since I know the general outline, but probably wouldn't be able to properly formulate it.

I think we would have enough to go on (without looking at the paper):

• SHA 256 / Hashing
• Proof of work
• Difficulty retargeting
• 21 million cap, 100 million sats, halving every 4 years
• Miners to bundle transactions from mem pool, blocksize cap
• Blockchain / timechain / merkle trees
• Public key / private key addresses, sign to send
• validate UTXOs as unspent

One thing I don’t understand is how Bitcoin achieves consensus on time

[Ibian]

A handmaid's tale is fucking feminist circle jerk and the dumbest shit ever. Like companies would lose profits to fire women. Free market keeps that shit from happening.

https://en.m.wikipedia.org/wiki/Marriage_bar

Just sayin...

"The practice lacked an economic justification, except for during times of economic-downturn,".

Which is to say, it was economically justified.

Which is irrelevant. The main point is that small children need their mother 24/7 during their earliest years. If they are not with them for more than 20 hours per week, their psychological development becomes damaged. It has the same effect as if they are abandoned entirely.