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

[VB1001]

^
I'll take her with me at the 100K party, for security..., after what I've seen do for a handful of merits.

[1714801078]

1714801078

[El duderino_]

cheating going on
LFC comment was 500001th

I Will be the 1 000 000 th ......

Start writing boys

[LFC_Bitcoin]

I Will be the 1 000 000 th ......

I’ll be happy to see that page parity

[El duderino_]

I Will be the 1 000 000 th ......

I’ll be happy to see that page parity

Haha indeed 

[fillippone]

Page parity will be long gone when we hit 1,000,000 pages.

[lightfoot]

Thank you for this.

[serveria.com]

Damn!
Real life got me in the wrong moment!

EDIT:
I swear I saw  serveria.com message as the winner.

Yeah, but I can't prove it cheaters were quick to delete the posts...  

On the bright side, you've still earned enough merit to be a Full Member. So congrats on that achievement.

Time to get yourself a hat!

Thanks for the merits guys and special thanks to filippone for restoring justice with his screenshot (merited).  

As to the hat, I'd love to have it! xhomer are you around? I'd like my hat grey, dark grey or black and please be so kind and put a pic of steel balls like these here: https://images.app.goo.gl/e7VsyZC2aYhwSNzi6 or any random Duke Nukem pic    

[serveria.com]

Thank you for this.

Yeah liked it a lot and I thought it would deserve being in a 500k post. It was totally unintentional I saw post count stopping at around 499994 and posted but meanwhile someone (mic ?) posted several short posts so mine turned out to be 500000th. 

[DireWolfM14]

Way better than this one:

[makrospex]

Good evening ladies (if any?) and gentlemen.
Observing $10.139, after some passive backlog reading time (because start of school).

Congrats to page 25.000
On to 25252 then! 

[Icygreen]

Probably not my most popular post.  Monday morning tinfoil truth seeking.

What is the probability that the US government’s big national secret is zero-point energy extraction?
If the military/government/TPTB have been engineering/reverse engineering energy and its applications in secrecy for 80+ years, would that undermine Bitcoin’s SOV and cryptographic security?  Surely the implications of such a technology are too vast to conceive.
I ask this question because energy is what BTC proposes to base sound money on. There's too many historical and theoretical examples of energy use on this planet to conclude that the current public/scientific understanding is complete.   I've not seen this argument debated however I understand its likely to be discarded to conspiracy for lack of proof even while the hard proof is literally in stone.  

[makrospex]

Probably not my most popular post.  Monday morning tinfoil truth seeking.

What is the probability that the US government’s big national secret is zero-point energy extraction?
If the military/government/TPTB have been engineering/reverse engineering energy and its applications in secrecy for 80+ years, would that undermine Bitcoin’s SOV and cryptographic security?  Surely the implications of such a technology are too vast to conceive.
I ask this question because energy is what BTC proposes to base sound money on. There's too many historical and theoretical examples of energy use on this planet to conclude that the current public/scientific understanding is complete.   I've not seen this argument debated however I understand its likely to be discarded to conspiracy for lack of proof even while the hard proof is literally in stone.  

Well, at least they seem to get political decision out of vacuum (inside trumps head)...

Irony off: Zero point zero.

[Icygreen]

Probably not my most popular post.  Monday morning tinfoil truth seeking.

What is the probability that the US government’s big national secret is zero-point energy extraction?
If the military/government/TPTB have been engineering/reverse engineering energy and its applications in secrecy for 80+ years, would that undermine Bitcoin’s SOV and cryptographic security?  Surely the implications of such a technology are too vast to conceive.
I ask this question because energy is what BTC proposes to base sound money on. There's too many historical and theoretical examples of energy use on this planet to conclude that the current public/scientific understanding is complete.   I've not seen this argument debated however I understand its likely to be discarded to conspiracy for lack of proof even while the hard proof is literally in stone.  

Well, at least they seem to get political decision out of vacuum (inside trumps head)...

Irony off: Zero point zero.

So you're saying 0.0 chance we have any better understanding of energy beyond E=MC2 ? Or more simply, popular public understanding.

[bkbirge]

Probably not my most popular post.  Monday morning tinfoil truth seeking.
What is the probability that the US government’s big national secret is zero-point energy extraction?
If the military/government/TPTB have been engineering/reverse engineering energy and its applications in secrecy for 80+ years, would that undermine Bitcoin’s SOV and cryptographic security?  Surely the implications of such a technology are too vast to conceive.
I ask this question because energy is what BTC proposes to base sound money on. There's too many historical and theoretical examples of energy use on this planet to conclude that the current public/scientific understanding is complete.   I've not seen this argument debated however I understand its likely to be discarded to conspiracy for lack of proof even while the hard proof is literally in stone.  

Well, at least they seem to get political decision out of vacuum (inside trumps head)...
Irony off: Zero point zero.

So you're saying 0.0 chance we have any better understanding of energy beyond E=MC2 ? Or more simply, popular public understanding.

Talk of Aether on this board is verboten I'm given to understand, bitcoin only.

[Wilhelm]

Probably not my most popular post.  Monday morning tinfoil truth seeking.

What is the probability that the US government’s big national secret is zero-point energy extraction?
If the military/government/TPTB have been engineering/reverse engineering energy and its applications in secrecy for 80+ years, would that undermine Bitcoin’s SOV and cryptographic security?  Surely the implications of such a technology are too vast to conceive.
I ask this question because energy is what BTC proposes to base sound money on. There's too many historical and theoretical examples of energy use on this planet to conclude that the current public/scientific understanding is complete.   I've not seen this argument debated however I understand its likely to be discarded to conspiracy for lack of proof even while the hard proof is literally in stone.  

Well, at least they seem to get political decision out of vacuum (inside trumps head)...

Irony off: Zero point zero.

So you're saying 0.0 chance we have any better understanding of energy beyond E=MC2 ? Or more simply, popular public understanding.

There is a better understanding. And E=mc^2 is only a partial of Einstein equation.
The better understanding lies in quantum mechanics. And yes zero-point energy is kind of an aether that could possibly be harvested for energy. However the EM-drive that attempted to harness it failed to do so.

And the other point I would like to make is that keeping that kind of shit secret for 50-80years is impossible.
If we get to know where Bill Clinton put his dick. Then knowing where the UFO'S are should be less of a leak....

[mindrust]

Found these here:
https://old.reddit.com/r/BitcoinMarkets/comments/d4vidn/daily_discussion_monday_september_16_2019/f0jny80/

Made sense to me:

[g-uid]

Of course you can mine "just 1 bitcoin".  It's called 'pool mining'.
... nobody would buy your $100k coin if they can mine one for $6k instead.  And mining is already too huge to increase by an order of magnitude or higher to buffer prices that elevated or it would use more power than the entire United States.

Have you tried it? Go ahead, pay $6k for just one bitcoin. It's the competitiveness of mining that requires huge capital outlay to even mine it at that price. That's why people are going to buy it at a higher price, because they'd rather not mine it. They'd rather get one and keep it, or get one and use it, but to be a miner is a different story. Miners will use up whatever power they can get and pay for. Power that eventually will go down in price and mining equipment that gets more efficient, even as the mining difficulty increases.

You can also try to pool mine, but I gather it's going to take a lot longer to get your 1 bitcoin, unless you have have a bunch of miners, either in your own space or hosted somewhere.

You hit the nail on the head. What r0ach is omitting is that whilst mining your own Bitcoin for $6k is possible, the length of time required to do so is extraordinary.

The Antminer s17e delivers 64TH/s for $2683.00: https://shop.bitmain.com/product/detail?pid=00020190909094751115TfQwEJfa06D7

It would take a year to pool mine a single Bitcoin with two of these units:

https://www.cryptocompare.com/mining/calculator/btc?HashingPower=128&HashingUnit=TH%2Fs&PowerConsumption=4000&CostPerkWh=0.1&MiningPoolFee=1

[Icygreen]

Probably not my most popular post.  Monday morning tinfoil truth seeking.

What is the probability that the US government’s big national secret is zero-point energy extraction?
If the military/government/TPTB have been engineering/reverse engineering energy and its applications in secrecy for 80+ years, would that undermine Bitcoin’s SOV and cryptographic security?  Surely the implications of such a technology are too vast to conceive.
I ask this question because energy is what BTC proposes to base sound money on. There's too many historical and theoretical examples of energy use on this planet to conclude that the current public/scientific understanding is complete.   I've not seen this argument debated however I understand its likely to be discarded to conspiracy for lack of proof even while the hard proof is literally in stone.  

Well, at least they seem to get political decision out of vacuum (inside trumps head)...

Irony off: Zero point zero.

So you're saying 0.0 chance we have any better understanding of energy beyond E=MC2 ? Or more simply, popular public understanding.

There is a better understanding. And E=mc^2 is only a partial of Einstein equation.
The better understanding lies in quantum mechanics. And yes zero-point energy is kind of an aether that could possibly be harvested for energy. However the EM-drive that attempted to harness it failed to do so.

And the other point I would like to make is that keeping that kind of shit secret for 50-80years is impossible.
If we get to know where Bill Clinton put his dick. Then knowing where the UFO'S are should be less of a leak....

Appreciate your comments and yet here we are: A 7+ billion civilization who are still puzzled by the immaculate works of our ancestor's of only several thousands of years. By the way, UFO's weren't kept secret, I mean any more secret than that of the world trade airplane crashes demolitions in 2001.

I'd be elated to read elsewhere if this isn't a topic for the WO. Any links to such conversations would be... meritable  

[Arriemoller]

Way better than this one:

Honey dear, you're supposed to lean forward.

[bluebits]

::Pretend to be Tera Post::

$8000 would be a target for any drop in the short term. It might not reach $5500 til later. If it goes into a 2011/2014 style extended bear market it could even reach $3000 after a year or two. Yes it could go higher first too. The lows arent based on the highs, they're based on previous ATH.

I picked 3K because it was the last significant horizontal support - the crash likes to end at previous horizontal supports (after wiping out 90% of gains). The support at $5K was too short and not low enough. I really wanted to pick the $2K support but because of how much Bitcoin has changed and matured yada yada and mainly because of how slow the rally has been, I'm ultra-generously giving it 3K. Its going to be phenomenal when we end ONLY at 3K at preserve an entire 200% gain like never before. Theres a small chance of 5K too, I guess, since there WAS a support there. I'd say it's dropping to AT LEAST 5K, PROBABLY 3K, and possibly 2K.

Correct

We're stalled because nobody is pumping the books with fat stacks of fiat.These are the same books that have been here for 2 or 3 weeks. Theyre actually smaller.

Bid has fully stalled out again and is now falling: Kraken lower now than at 4k, Bitfinex bid cloe to all time low, Bitstamp in decline since 8k

What if this the actually the end of a 9-year 3-bubble elliot wave and now a super bear market is coming?  First it would go down $3K as usual (wave A), then it would start rallying again and LOOK like this was the next big bubble (wave B), but around 8K it would fizzle out and proceed into wave C which could go back into low-mid triple digits

This appears to be happening, event sequence:

Price crashes to support at 3k
Whales frontrun the 'standard' 22 month pump cycle and expected halvening run
Everyone else piles in
Alts rotate into BTC to get it up even higher
Price fails below the ATH because this time, unlike all the other supercycles, something is missing >> there is no new money this time, no new countries, exchanges, groups of suckers to buy in.

Price now has to follow the standard crash model, the current descending triangle will break down to support at 7.x (soft) or 5.x (stronger), plenty of bull traps along the way down to grinding on solid support (3k)