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

[STT]

Its not so hard to believe now you have rockets popping back and forth to space and landing perfectly, like in some unbelievable 80s video game.

Sure I can believe in that space transport link but I want to know why its become cheaper and more efficient to pop up and back down again, normal mining is very much effected by efficiency and difficulty of extraction and we have many reserves in gold or oil that just get left where they are from costs associated with extraction.   What technology has enabled that difference and have the fundamentals of gravity vs energy consumption have been altered to make it easier.   Its possible we see progress but theres a story behind that idea and I've yet to hear of that development to enable a knock on effect to other industries.

I hate to agree with HP Lovecraft but it is a bit of a mistake to assume efficiency via space is going to occur easily.   Mostly its related to energy required to break free from earths gravity, the weight of the fuels and then the friction of reentering.   I dont know, Im not a rocket scientist but we'd surely hear about developments or alterations to the balance of play.  
I'm far more inclined to assume the status quo for commodity production will continue for the next 50 years.   The biggest things I've heard of would be along the lines of Bio-diesel production via specialised algae.   Unfortunately that is not yet resilient enough to deliver in mass production capacity that would disrupt or alter market prices for energy.   If anything like that happens it'll alter all sorts of things including gold production which has a long term relation to cost of oil.  

[El duderino_]

Great Grandpa bought GOLD ...
Grandpa bought BONDS ...
Dad bought STOCKS ...
We buy BITCOIN ...

https://twitter.com/ItsMrMoe/status/1123703988728279043
^
Indeed we do

[El duderino_]

Would Monday really be horror? Or already priced in....  

It may be a horror for shorts and cause real fear at Bitfinex to where everyone trades tethers at any price for Bitcoin to get them the fuck outa Bitfinished and we pump to 10k by Tuesday.  

[El duderino_]

Square customers bought $65.5 million of Bitcoin last quarter on Cash App.

That’s 4 straight quarters of *accelerating* revenue growth for Square's Bitcoin business, and 92% growth YoY.

TO THE MOON 🚀


https://twitter.com/kerooke/status/1123681929998622720

If BTC sales on Square Cash maintain current growth rates, then by the next Bitcoin halving (May 2020), roughly 2 BTC will be purchased on Square Cash for every new BTC that is mined.


https://twitter.com/yassineARK/status/1123730622881705986

[VB1001]

I like the result.

[JSRAW]

On monday we will see a huge drop in prince. We must hold, and then the true bull market will come.

Can't wait for India's first bullet train. That`ll be a sight to behold.

Its Bangladeshi train bhai   but we used to be one country not that long ago, so that's fine some time one can spot such sight in India as well but not that extreme, Its God Mode level.

Bullet train in India is schedule to run in 2023, if if if everything goes right. Japanese are leading the project so we can hope to see Bullet trains on time.

PS: Indians are very famous for time punctuality just like Germans and Japanese but Indians are standing at opposite direction as compare to them  

[El duderino_]

I like the result.

Indeed!

[El duderino_]

https://bitcointalk.org/index.php?topic=5132225.msg50863861#msg50863861
^
already used that pic here

[VB1001]

https://bitcointalk.org/index.php?topic=5132225.msg50863861#msg50863861
^
already used that pic here

It's for the party 100k

[Syke]

An anonymous bitcoin whale has moved 40,000 BTC amounting to $211 million from an unknown Bech32 address bc1q9sh6544xls87x7skjzyfhkty4wq7z76vn7qzq9 to another unknown destination wallet with Bech32 address bc1q5shngj24323nsrmxv99st02na6srekfctt30ch in the early hours of today.

The sender reportedly sent his/her entire wallet balance of 40,000BTC which they had held from February 2018 till date and had the 21st richest wallet until 22 April when it dropped to the 22nd richest.
https://zycrypto.com/bitcoin-whale-moves-211-million-worth-of-bitcoin-as-market-conditions-improve/

https://blockstream.info/tx/68053b924c94b9fa4e9276503ce80b72d34e1ff2677e8d0a72ee25128100bdc9

That's Loaded.

[Last of the V8s]

Would Monday really be horror? Or already priced in.... 

Almost all the real horror is already priced in.
Bitcoin can represent all the capital in the world: money, stocks, land etc., yet is vastly™ underpriced.
Jamie Dimon, Agustín Carstens, miniature possum Barry Silbert and their handlers know this full well.
They keep trying to acquire more by suppressing the markets and spreading FUD, shitcoins and lies.
They can't ever get as much as the OG's already have, their power will wane, the price will take off.
Meanwhile real humans will recognise that the scarcity, combined with the security, is key.
One of these halvings, the price will not crash back down, because the New Guard will see the benefits of having some real money and power, and will want to hodl on to that.
The horrors lie in wait for the naysayers, the latecomers and above all the statists.

[El duderino_]

https://twitter.com/coindesk/status/1123874890833068033

[Last of the V8s]

https://zycrypto.com/bitcoin-whale-moves-211-million-worth-of-bitcoin-as-market-conditions-improve/

https://blockstream.info/tx/68053b924c94b9fa4e9276503ce80b72d34e1ff2677e8d0a72ee25128100bdc9

That's Loaded.

So obvious.
One'd think the 'crypto' press would have researched the 'unknown whale' they're reporting on, but perhaps they can get a second article out of this.
More clicks = more ... what exactly?

[vapourminer]

Capitalism just works.

Here is the obvious answer to censorship:

https://www.cnbc.com/2019/04/30/youtube-algorithm-changes-negatively-impact-google-ad-revenue.html


What opponents of capitalism don't understand is that it is essentially a global voting mechanism. It's the closest we have ever gotten to democracy.

Voting with our dollars, that's the only real vote indeed. Which means politics is not where effective voting happens today. Mostly.

corporate money buys politicians votes. dunno if that the most cost effective way to buy votes in the short term but since it can result on pretty long term effects (laws get created/changed etc) so in the long runs its pretty cheap compared to future profits for that corporation.

[hisslyness]

https://twitter.com/coindesk/status/1123874890833068033

So instead of settling on a closed SQL Server of some sort, they have now settled on closed blockchain...

I wonder if it was a blue or red blockchain! 

[HairyMaclairy]

An anonymous bitcoin whale has moved 40,000 BTC amounting to $211 million from an unknown Bech32 address bc1q9sh6544xls87x7skjzyfhkty4wq7z76vn7qzq9 to another unknown destination wallet with Bech32 address bc1q5shngj24323nsrmxv99st02na6srekfctt30ch in the early hours of today.

The sender reportedly sent his/her entire wallet balance of 40,000BTC which they had held from February 2018 till date and had the 21st richest wallet until 22 April when it dropped to the 22nd richest.
https://zycrypto.com/bitcoin-whale-moves-211-million-worth-of-bitcoin-as-market-conditions-improve/

https://blockstream.info/tx/68053b924c94b9fa4e9276503ce80b72d34e1ff2677e8d0a72ee25128100bdc9

That's Loaded.

Splitting shit coin forks perhaps?  What forks were after Feb18?

[vapourminer]

feel free to ignore him. i find he is a useful filter of information. ignores drama and fluff, only comments on technical stuff, with the chops to back up his views.

What you consider to be 'chops' I consider to be fluff-based pretentiousness, but to each their own.

he uses math and logic. while i may disagree with some of it its certainty a much distilled version of the usual trash that the actual abc and bsv shills spew out (mostly air with no understanding of the underlying tech or goals). and since he also listens to other with questions and logical arguments, i find it useful.

"yes" men are not useful. those with well(ish) thought out "no" answers are.

"wheeee!" people are ignore of course.

[Last of the V8s]

Transaction fees 0.00074227 BTC
anyway 4 dollars is an outrage for a 21 mil tidy-up
miners are sooo greedy

[dyask]

It is very short sighted to think that gold or silver has a secure future.   Mining in space will require power but in the inner solar system solar power works fine.

2)  No matter how much handwaving and lying you do, everyone knows the cost of production for anything in space will be orders of magnitude higher than on earth.

Thank you for proving you are totally clueless.  It would be better to learn something about a subject before talking about it.  

However you do realize something.  The value of bitcoin is closely tied to the cost of mining and maintaining it.   It actually has a basis for its value.  The value of gold though is completely base on the current scarcity of it.   Over then next decades the scarcity is likely to change a lot.  

Also I'm not a scammer, I'm not trying to sell anything and if I were you would likely be the last type of person I would want to sell too.   I also don't want or need anything from you.    So I'm done with you as you clearly don't have anything useful to say. 

[El duderino_]

via Imgflip Meme Generator
^
THANK YOU Arriemoller for sending me a collectible coin, Will be added to the collection.

What a community