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

[DeathAngel]

Anybody buy near the supposed bottom of the correction? I was waiting for lower to be honest. Happy with the amount of coins I have but always looking to add to what I have. Called the correction depth wrong this time & didn’t buy.
Will see what happens over the weekend & buy Monday.

[Wekkel]

~$12-16k x at least 10 = >$100k

Bitcoin above $100,000 makes a lot more sense than bitcoin @ $10,000.

If we do $100,00, I consider McAffee’s $1,000,000 a given.

Finally the world would get its stable numeraire: http://www.gata.org/node/8303

The search is on for a valid yardstick, a measure of monetary value that has not been (and cannot be) distorted by central banks’ firefighting and wrecking tactics.

[yefi]

Would anyone be interested in seeing a full list of all the users who ever posted in this topic, sorted by post count (highest first)? I can scrape 24000 pages if there is a demand for it

Love it. Bring it on.

... meanwhile even usually bitcoin-hating motley fools are coming round, in a snide kind of way

I actually think Bitcoin now has a role to play as a portfolio diversifier. If tempted, reduce the risks by chancing no more than 5% of your investable wealth. That way you can enjoy the ride, without worrying too much if you crash and burn in the end.

Wtf, they were meant to be my top indicator. :/

[d_eddie]

I'm lagging a baker's dozen pages behind, so I apologize if this has already been mentioned.
Have you read Bitmex Research Team's piece on Libra?

https://blog.bitmex.com/facebook-takes-on-etf-giant-blackrock-with-a-fixed-income-etf-libra/

Always an interesting point of view.

[Phil_S]

No worries All I'll do is use a script I made for listing spammers on this thread It has some weird errors though, so I'll fix that before scraping 24k pages.

Be careful, try NOT to destroy the server. It can burst into flames, and then what? We won't survive for long without our daily WO fix.

[Dabs]

Does anyone want to have a local copy of this thread? I could compress all pages into a downloadable file, so you can search the raw HTML for old posts.

How big would that be? Put it in the BSV blockchain, they have gigabyte blocks. The only other thing there are weather stuff.

[nutildah]

We also need to know :

-how many lines of text JJG has posted
-which word has been posted the most : moon, hodl , fuck, weeee... ?
-who has posted the most haikus

Lets just spitball some guesstimates here...

Word / Most times posted by / Number of times posted

"Hodlsleep" / micgoossens / 1,455

"corn" / BobLawblaw / 734

"fuck" / Last of the V8s / 2,715

"arse" / gentlemand / 114

"blockalypse" / jbreher / 1,107

"TLDR" / JayJuanGee / 909

"jews" / realr0ach / 12,755

[kenzawak]

Bitcoin’s Hashrate Reaches 65 Quintillion

https://www.trustnodes.com/2019/06/28/bitcoins-hashrate-reaches-65-quintillion



"The bitcoin price rise may have made some older miners profitable, thus they might have rejoined the network.

In addition, continued increases in asics efficiency has made newer machines more powerful with higher hashing ability at lower levels of energy consumption.

Then there’s new regions that keep entering bitcoin mining, including Venezuela last year, Iran this year and some remote parts in America.

...

All of this mining is to secure the value transfer of bitcoins, with an astonishing $17 billion worth moved in the past 24 hours.

...

Close to one billion bitcoin moves per hour across the globe within minutes and usually for a very low fee of $1-$5."

[Saint-loup]

Mike Novogratz: Bitcoin Will Stabilize Between $10,000 and $14,000

Galaxy Digital founder and crypto enthusiast Mike Novogratz has predicted that Bitcoin’s (BTC) price will stabilize between $10,000 and $14,000, in an interview with CNBC on June 27.

https://cointelegraph.com/news/mike-novogratz-bitcoin-will-stabilize-between-10-000-and-14-000/

[nutildah]

Does anyone want to have a local copy of this thread? I could compress all pages into a downloadable file, so you can search the raw HTML for old posts.

How big would that be? Put it in the BSV blockchain, they have gigabyte blocks. The only other thing there are weather stuff.

Don't mean to get technical on you all the sudden by I was looking into it the other day and as of right now its only possible to cram 100 KB of data into a single BSV transaction (or 4 JJG posts -- sorry JJG, you know I'm still a fan).

After they switch to 2 GB blocks, it would only take about a week of spamming their transactions with as much data as possible until the BSV blockchain grew to over 2 terabytes in size.

Needless to say, it would only be a few months of constant spam attacks before the blockchain became too unwieldy for almost anybody to manage it. Their node count would drop to near zero.

If the transaction fee was around 1 cent per tx, the attack would cost about $1,200/hr to run. Frankly I don't see why this won't eventually happen.

[nutildah]

Neighbors arguing in a language I don't understand... Not feeling in the mood to go outside and investigate.

CSW shows up to court (less than an hour ago):

https://twitter.com/thatcryptoguyyy/status/1144586533099454464

More info here:

https://bitcointalk.org/index.php?topic=5159516

FWIW I really like OP of that thread. He's an eccentric old-timer whose account is even older than theymos'. He ran one of the first bitcoin exchanges, traded thousands of bitcoins, sold them all many years ago...

[lightfoot]

Does anyone want to have a local copy of this thread? I could compress all pages into a downloadable file, so you can search the raw HTML for old posts.

How big would that be? Put it in the BSV blockchain, they have gigabyte blocks. The only other thing there are weather stuff.

The thought of putting shitcoin posts into a shitcoin blockchain has an amazing amount of personal appeal. Hm.

[gentlemand]

After they switch to 2 GB blocks, it would only take about a week of spamming their transactions with as much data as possible until the BSV blockchain grew to over 2 terabytes in size.

Let's have some goddamn respect around here. It's gigamegs.

No one knows how big they are so the presumption is that you'll be able to get their Blockchain into your calculator for decades to come.

[fillippone]

Sorry for the OT

I am working.
Modern open space office.
AC is on. I am sweating.

3 liters of waters drunk at the desk.

In the spare time I am writing my monthly report.
It is proving more difficult than usual.

We are melting.
Literally, walking on the street you can feel the tarmac melting under your shoes:

https://twitter.com/WMO/status/1143795243168477185

WMO regional climate centre for Europe @DWD_presse issued Climate Watch for #heatwave for the next week. Temperatures 3°C-6°C above average over central Europe and 1°C to 3°C elsewhere. Widespread daily maximum above 30°C. Follow advice from national met services. Map @eu_Echo

[vroom]

TUTPR - totally useless tether premium report



Now with even more candlesticks. Tether trampoline is charged and ready to catapult the price back to $13880 in the next 48 hours.

DISCLAIMER: buying bitcoin is critical!

[bitcoinPsycho]

A wise man once said




I think it was jimbo

[LoyceV]

Does anyone want to have a local copy of this thread? I could compress all pages into a downloadable file, so you can search the raw HTML for old posts.

That's quite an offer. Somebody could theoretically use it to find out which members had a history of using the words "bullish" or "buy" right before BTC made a definitive move upward, or "bearish" for the opposite. Would be pretty noisy but possibly still insightful as to finding out who tended to be correct in their calls over time. I don't have enough time to put that kind of analysis together but maybe somebody else does.

I'll keep this thought, a graph showing the "density" of certain words over time could work

We also need to know :

-how many lines of text JJG has posted
-which word has been posted the most : moon, hodl , fuck, weeee... ?
-who has posted the most haikus

I like where this is going I wasn't planning on extracting individual posts, but it looks like I may just have to do that

Does anyone want to have a local copy of this thread? I could compress all pages into a downloadable file, so you can search the raw HTML for old posts.

How big would that be? Put it in the BSV blockchain, they have gigabyte blocks.

The page you posted on is 204 kB. I guess the entire topic will be around half a gigabyte compressed.

[BitcoinGirl.Club]

What if WO were Bitcointalk?
So basically what happens considering only the merits awarded on WO thread?
How many Legendary Users?  How many Heros?
<SNIP>
I am too shy to post it on meta, also not relevant, as it is not forum-meta, but WO-meta!.

Good job however I think the numbers are not up to date. My earned merit is 268 so far. 114 was long ago.

mic and V8 is unstopable. They are our LoyceV, The Pharmacist and suchmoon 🤪

[fillippone]

It's time for a Wall Observer Meta Post!

What if WO were Bitcointalk?
So basically what happens considering only the merits awarded on WO thread?
How many Legendary Users?  How many Heros?

[snip]

[/table]                              

I am too shy to post it on meta, also not relevant, as it is not forum-meta, but WO-meta!.

Good job however I think the numbers are not up to date. My earned merit is 268 so far. 114 was long ago.

You earned 114 merits here on the WO thread on the total of your 268 total merits!

[BitcoinGirl.Club]

You earned 114 merits here on the WO thread on the total of your 268 total merits!

Okay now it make sense. I never thought it was counted thread wise. Very well done!