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

[BTCMILLIONAIRE]

That is most definitely not what was meant in the poll.

my bad then.

still curious as to reasonings for dumping vs hodling though.

I picked dump for the BCash. Couldn't differentiate so went with that.

[infofront]

Who the hell is writing these vague and confusing polls?

[JayJuanGee]

PSA

make sure you have a regular backup strategy and that it actually works.

in my case a few days ago lost the primary drive in this daily driver, a Samsung 840 pro a bit over 5 years old. took out my installed programs and documents folder. (btc blockchain and games are on separate ssds and i keep a lot of copies of stuff in a 1 TB spinner raid 1 array on this rig, they were and are fine).

however, i had a full drive image 2 weeks old, and a documents backup from the night before. used the opportunity to get a bigger ssd via amazon prime so two days later i image the new drive from backup, copy the documents backup over and i had everything basically back to the proceedings nights status. turns out the old ssd still could access most files and recovered the stuff that i had done that day, minus a few emails in the local copy of outlook. a self test of the 840 pro ssd  i ran after this was all over failed. oh, and  image and documents backups are on a freenas rig with the equivalent of raid 5.


TL;DR
backup regularly, and TEST your backup strategy regularly.

I don't claim to be any kind of sophisticated person in terms of technology, but I had been following regular backing up practices since my first computers in the early 90s.  In late 2012, I had my main drive go out, and something like 2 back ups went out too.  I tried all kinds of things to recover each of them, and I could not figure out recovery on my own. 

Thereafter, I went to a back up specialist, and he was able to recover one of the drives.. but the data on the drive was in a kind of non-compiled format.. that caused considerable time and efforts for me to sort through the all of the various files and to resort them in to some kind of semblance of my previous files..   I may have lost some files.. I am not sure... I did not have any bitcoins back then, but fuck.. sometimes weird things can happen.. even when you believe that you are following prudent practices...

I had a similar thing happen in early 2016.. but not with hard drives, but instead with two of my then three computers... My main computer went out.. so I took the hardrive out of while I took the computer to get repaired, and started working from my second computer (internal drive of computer 1 as external drive on computer 2), then a few days later computer 2 went out... fuck... I then took computer 2 to the store and worked from computer 3.. which was a very old and slow computer that seemed to be on it's last leg.. but computer 3 did carry me through nearly 2 weeks until I got computer 1 back from repairs... Crazy...

[Last of the V8s]

https://hashbaby.com/#/ is the 'busiest dapp on EOS'
it's a porno site; mostly soft/ some hard; or so I'm told
NSFW

[Danslip]

via Imgflip Meme Generator

https://twitter.com/bitcoincomics/status/1111334255798505478?s=21

Imagination is the key Cutting knife with bread and talking loud to CFTC..

[nanobtc]

Offtop - sorry!
Is there some kind of Mad Hatter contest)? I mean your Avatars.

Yes, there was. I won. Thank you.  XhomerX10 is the millinery specialist.

[JayJuanGee]

I knew that someone was on the cusp of legendary status and when I saw the Globb0 image you posted I thought it was him!  Now I see the error of my ways. 
I'll go back to chasing squirrels...

That is why I come here, to learn something new each and every day.

I did not know that honey badgers chased squirrels.  Perhaps you have a nutting abundance problem, attracting squirrels?   

[JayJuanGee]

Is there any data available about the distribution of claim sizes at mt Gox? Is the majority of the total claim amount part of small claims or large ones?

Yes, the creditors list is public, but I don't remember where it is. And yes, there are a few hue (legit) claims that sum the majority of BTC. Ie: Josh Jones of Btcbuilder has like 40000 IIRC.

i just looked briefly at a pdf list from 2016, there were a good amount of 3 digit btc claims, and some 4 digit ones too. the bulk seemed to be single or double digits, with a lot of < 1 btc amounts.

gonna try to find the latest full list in some sort of excel importable format.

That would be an interesting list to become refreshed upon the data therein.

Just like you suggested, vapourminer, there are likely some changes to the list, especially since they have been accepting belated claims - which is certainly a fair thing to do, especially if those claims seem to be valid.  On the other hand, the BIG ASS claim from CoinLab seems to be more of a leveraging claim, rather than having any kind of significant merit....

[Last of the V8s]

edit https://twitter.com/coindesk/status/1111739780734373888@justinsuntron ended up giving away two Teslas instead of one. It's not the first prize mixup to show a blurred line between @tronfoundation and Sun's accounts.

[JayJuanGee]

The way is clear ahead for...umm...a year of meandering sideways steady gains.

FTFY 

That's really all we can hope for right? Those steady gains before the run.

Actually, steady gains before any kind of pamp seem to be a reasonable pattern, and surely along the way, there are going to be a number of meaningful and frustrating corrections that cause "some" HODLers to wonder if they should sell some and take some profits and buy back lower... blah blah blah...  HODLing during these times (or just selling very small amounts on price spikes while buying back on dips - without becoming too greedy) will likely pay off... both financially and psychologically.

[CjMapope]

i think... it's time to throw my hat into this ring
oh wait

am i in the right thread?

ya, this is the right thread...  the bear drinking vodka @ the door tells me that right away

#HODLGANGA#2020@20k#HATSONFORVODKABEARS

you all are professional weirdos, ill never keep up 
5k by summer for sure, slow and steady bois

[xhomerx10]

I knew that someone was on the cusp of legendary status and when I saw the Globb0 image you posted I thought it was him!  Now I see the error of my ways. 
I'll go back to chasing squirrels...

That is why I come here, to learn something new each and every day.

I did not know that honey badgers chased squirrels.  Perhaps you have a nutting abundance problem, attracting squirrels?   

 I'm on a diet of squirrel pie as a consequence of hodling.
My neighbour feeds them peanuts (inadvertently since he's trying to feed the Jays - (blue not JuanGees) which fattens them up and makes them tasty.

[Last of the V8s]

https://twitter.com/CalvinAyre/status/1111710002258038785
Craig has started filing lawsuit against those falsely denying he is Satoshi....they can all have a day in court to try to prove their fake case but the judge will rule that Craig invented Bitcoin because he did and he can prove it.

https://twitter.com/MrHodl/status/1111731343321452544
I'm getting report that people are getting legal notices through Twitter DMs.

[xhomerx10]

i think... it's time to throw my hat into this ring
oh wait

am i in the right thread?

ya, this is the right thread...  the bear drinking vodka @ the door tells me that right away

#HODLGANGA#2020@20k#HATSONFORVODKABEARS

you all are professional weirdos, ill never keep up 
5k by summer for sure, slow and steady bois

 You have come to the right place cjMapope!  Welcome.

[BTCMILLIONAIRE]

https://twitter.com/CalvinAyre/status/1111710002258038785
Craig has started filing lawsuit against those falsely denying he is Satoshi....they can all have a day in court to try to prove their fake case but the judge will rule that Craig invented Bitcoin because he did and he can prove it.

https://twitter.com/MrHodl/status/1111731343321452544
I'm getting report that people are getting legal notices through Twitter DMs.

Why can't it be a lawdress? This is so fucking bigoted and sexist.

[JayJuanGee]

https://twitter.com/ChartsBtc/status/1111642412751814656

Hey... nice charts.

I will assert that the charts do seem a bit more optimistic than me, but they are still nice to look at. 

In this regard, the charts seem to show that our current BTC price situation is even more suppressed than the 2014/15 bear market, and I would not come to that same conclusion regarding our current BTC price situation... but hey, what do I know?   I am just ballparking my sentiments, and I prefer to error on the side of some kind of semblance of conservatism,.. when it comes to these kinds of matters.

[bitserve]

Who the hell is writing these vague and confusing polls?

[El duderino_]

i think... it's time to throw my hat into this ring
oh wait

am i in the right thread?

ya, this is the right thread...  the bear drinking vodka @ the door tells me that right away

#HODLGANGA#2020@20k#HATSONFORVODKABEARS

you all are professional weirdos, ill never keep up 
5k by summer for sure, slow and steady bois

No vodka @the moment bro, just a rosé on the rocks

But indeed right thread

[El duderino_]

Theres a perfect storm for BTC right now

- Democratic socialism
- MMT (Modern monopoly money theory)
- QE infinity
- 10k boomers retiring daily (entitlements skyrocketing)
- 2020 election
- US interest expense > tax receipts by 2022
- BTC halving in 2020

Never been more bullish

via Imgflip Meme Generator

https://twitter.com/bmbernstein/status/1111647725517459458?s=21

[JayJuanGee]

https://twitter.com/ChartsBtc/status/1111642412751814656

There is something very sobering about seeing a MINIMUM PROJECTED VALUATION of over $10k by 7/1/2020.

What is the sobering part?  Wouldn't those "minimum projected valuations" cause a vast majority of "reasonable" peeps to conclude that the chart must be "a bit" overly bullish?