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

[Last of the V8s]

300 million buys ~100,000 s17 pros https://bitcointalk.org/index.php?topic=5138318.msg51287657#msg51287657 if you could get that many, with some discount
50 Th/s x 100,000 = 5 million T = 5 exahash

[fillippone]

P.S. Post author fixed the image while I was typing this  

Fillippone black belt in quick mobile post editing.
Quicker than sarcasm.

[Toxic2040]

300 million buys ~100,000 s17 pros https://bitcointalk.org/index.php?topic=5138318.msg51287657#msg51287657 if you could get that many, with some discount
50 Th/s x 100,000 = 5 million T = 5 exahash

Speaking of sieves...


Do you think thats cheaper than building 20 million 'noisy' qubits?


*edit*
fyi last I'd heard we were in the 2,000 qubit range just to give some perspective.



"How to factor 2048 bit RSA integers in 8 hours using 20 million noisy qubits"

https://arxiv.org/pdf/1905.09749.pdf

We significantly reduce the cost of factoring integers and computing discrete logarithms over finite fields on a quantum computer by combining techniques from Griffiths-Niu 1996, Zalka 2006, Fowler 2012, Eker ̊a-H ̊astad 2017, Eker ̊a 2017, Eker ̊a 2018, Gidney-Fowler 2019, Gidney 2019.  We estimate the approximate cost of our construction using plausible physical assumptions for large-scale superconducting qubit platforms:  a planar grid of qubits with nearest-neighbor connectivity,a characteristic physical gate error rate of 10−3, a surface code cycle time of 1 microsecond, and a reaction time of 10 microseconds. We account for factors that are normally ignored such as noise, the need to make repeated attempts, and the spacetime layout of the computation.  When factoring 2048 bit RSA integers, our construction’s spacetime volume is a hundredfold less than comparable estimates from earlier works (Fowler et al. 2012, Gheorghiu et al. 2019). In the abstract circuit model (which ignores overheads from distillation, routing, and error correction) our construction uses 3n+ 0.002n lg n logical qubits, 0.3n3 + 0.0005n3 lg n Toffolis, and 500n2 + n2 lg n measurement depth to factor n-bit RSA integers.  We quantify the cryptographic implications of our work, both for RSA and for schemes based on the DLP in finite fields.

[infofront]

Poll results indicate that we have 41 communist nocoiners.  



...and we have a new poll as suggested by a threadgoer.

[Toxic2040]

Poll results indicate that we have 41 communist nocoiners.  

...and we have a new poll as suggested by a threadgoer.

+1 WOsMerit

[mindrust]

New poll... finally something makes sense. (didn't vote bacon crap)

%20-40 is where I am right now. (north of 30)

I wish I had more but it is still better than most people i imagine.

btw that number constantly changes, it is %57 when btc hits $20k, and becomes %25 when btc is at $5k. :/

Probably makes sense to unload some when it is more than %80.

edit: aaand %80+ voters arrived. Looks like I am the nocoiner.

[Agapios]

Is there some tool or website that shows dates when this years new high are being captured?

[El duderino_]

^^Indeed bosses are arriving

[fillippone]

New poll... finally something makes sense. (didn't vote bacon crap)

%20-40 is where I am right now. (north of 30)

I wish I had more but it is still better than most people i imagine.

btw that number constantly changes, it is %57 when btc hits $20k, and becomes %25 when btc is at $5k. :/

Probably makes sense to unload some when it is more than %80.

edit: aaand %80+ voters arrived. Looks like I am the nocoiner.

I would be very careful disclosing those information.
Some smart people with some tracking and educated guesses can figure out your crypto asset stash size.
When bitcoin will be worth millions, that could harm you.

[Last of the V8s]

the fucking state of 'academic' science today

[El duderino_]

Corn is now above $8500 again. Let's cross (and break) Vegeta's power scouter!

New poll... finally something makes sense.

Agreed.

Is this 8K going places??, me one bottle of rosè split in two and a small aperitif.... already catching stars, F*** need to make my bag for tomorrow

[BitcoinGirl.Club]

Poll results indicate that we have 41 communist nocoiners. 



...and we have a new poll as suggested by a threadgoer.

Send them in Siberia to dance with polar bears LOL

[mindrust]

New poll... finally something makes sense. (didn't vote bacon crap)

%20-40 is where I am right now. (north of 30)

I wish I had more but it is still better than most people i imagine.

btw that number constantly changes, it is %57 when btc hits $20k, and becomes %25 when btc is at $5k. :/

Probably makes sense to unload some when it is more than %80.

edit: aaand %80+ voters arrived. Looks like I am the nocoiner.

I would be very careful disclosing those information.
Some smart people with some tracking and educated guesses can figure out your crypto asset stash size.
When bitcoin will be worth millions, that could harm you.

I don't think I am strong enough to hodl till a million but thanks for the warning anyway.

I feel like my limit is somewhere at $100k can't even imagine btc going higher than $100k tbh. Maybe 5-10 years later but 10 years of lifetime isn't something i can ignore by hodling.

I'd rather cashout and enjoy my time.

[BitcoinGirl.Club]

Is this 8K going places??, me one bottle of rosè split in two and a small aperitif.... already catching stars, F*** need to make my bag for tomorrow

Log off LOL
Have a safe trip brother.

[WinslowIII]

New poll... finally something makes sense. (didn't vote bacon crap)

%20-40 is where I am right now. (north of 30)

I wish I had more but it is still better than most people i imagine.

btw that number constantly changes, it is %57 when btc hits $20k, and becomes %25 when btc is at $5k. :/

Probably makes sense to unload some when it is more than %80.

edit: aaand %80+ voters arrived. Looks like I am the nocoiner.

I would be very careful disclosing those information.
Some smart people with some tracking and educated guesses can figure out your crypto asset stash size.
When bitcoin will be worth millions, that could harm you.

I don't think I am strong enough to hodl till a million but thanks for the warning anyway.

I feel like my limit is somewhere at $100k can't even imagine btc going higher than $100k tbh. Maybe 5-10 years later but 10 years of lifetime isn't something i can ignore by hodling.

I'd rather cashout and enjoy my time.

Why all or nothing? keep at least one no matter where the price goes ffs.

[yefi]

I feel like my limit is somewhere at $100k can't even imagine btc going higher than $100k tbh. Maybe 5-10 years later but 10 years of lifetime isn't something i can ignore by hodling.

I'd rather cashout and enjoy my time.

I'll agree with that. Seven figures seems pretty optimistic to me, at least within any time frame that wouldn't waste a significant portion of one's adult life.

Why all or nothing? keep at least one no matter where the price goes ffs.

Ah, yes, one has to keep his last one. That's law.

[HairyMaclairy]

Since 2017, I've been following these famous filbfilb charts;
https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/
https://www.tradingview.com/chart/BLX/LGfs4PUa-Bitcoin-A-Long-Tern-Market-Analysis/

I don't remember where I got that one from, but this might be the better version of filbfilb's TA:


https://www.tradingview.com/script/xdPkShYr-Bitcoin-non-linear-regression-curve-REAL/

This was NOT drawn by hand. This was calculated based on btc prices from 2010 to 2018. More than 60 different equations were tested and refined and ranked. This one is the best.

just got all the price historical price action, normalized, ran through a series of tests to find the best curve that fits. Then, got the formula and created the script using it in pine script

Looks like $40k might be the next ATH, $50k at best. Care to take a look and tell me what you think? Is he too conservative? Or realistic?

He is putting the next ATH around the next halvening.  Does he even TA bro?

[WinslowIII]

Since 2017, I've been following these famous filbfilb charts;
https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/
https://www.tradingview.com/chart/BLX/LGfs4PUa-Bitcoin-A-Long-Tern-Market-Analysis/

I don't remember where I got that one from, but this might be the better version of filbfilb's TA:


https://www.tradingview.com/script/xdPkShYr-Bitcoin-non-linear-regression-curve-REAL/

This was NOT drawn by hand. This was calculated based on btc prices from 2010 to 2018. More than 60 different equations were tested and refined and ranked. This one is the best.

just got all the price historical price action, normalized, ran through a series of tests to find the best curve that fits. Then, got the formula and created the script using it in pine script

Looks like $40k might be the next ATH, $50k at best. Care to take a look and tell me what you think? Is he too conservative? Or realistic?

He is putting the next ATH around the next halvening.  Does he even TA bro?

This year looks way different from 2015, he could be right.

[HairyMaclairy]

This year looks way different from 2015, he could be right.

Pish posh

[HairyMaclairy]

Bitstamp bid book was a hot mess. CB and Kraken were at 8200 while Bitstamp struggled at 8000. Another failed attempt for long squeeze may be. If this is so, then these people don't have enough coins to coordinate their attack on other exchanges. But if this is a "profit taking", I can't understand it. Various shitcoins pump 100% in a day before someone pulls the trigger (Exhibit A: ShitVision ) while Bitcoin raises organically 2% and they sell down 10%+. Some trader here please explain to me how it works? I don't get it! This is only in favour of the many many people waiting to see some drop to enter the train.  We can bet when we will return over 9K.   This weekend may be? We shall see  

$9,000 is a key inflection point.  Very high chance of fuckery at first attempted crossing of a key inflection point.

We need to take a few runs at it.  Crossing and staying above $10k should also take a number of attempts.

This is all normal.