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

[LFC_Bitcoin]

If only that guy put some on cold storage and forgot about it. Losing 800 even back in 2010, he should have gotten it back or bought back even.

Oh, I'm back in DT. Awesome.. I didn't even realize I was kicked out.

You would have still been DT2. theymos only wants 100 DT1 at any time so I think there’s around 111 who qualify for it atm which means 11 (atm) rotate out & 11 rotate back in.

I got booted out for a month & then got rotated back in.

It’s something like the above any way.

[fillippone]

If only that guy put some on cold storage and forgot about it. Losing 800 even back in 2010, he should have gotten it back or bought back even.

Oh, I'm back in DT. Awesome.. I didn't even realize I was kicked out.

You would have still been DT2. theymos only wants 100 DT1 at any time so I think there’s around 111 who qualify for it atm which means 11 (atm) rotate out & 11 rotate back in.

I got booted out for a month & then got rotated back in.

It’s something like the above any way.

Just because I am sad and I want to nitpick a little bit:
if you are out one month, you are not guaranteed to be back in next following month.
You can be out for two consecutive months (it already happened to poor Babo).
But yeah, that is the idea

EDIT: Thanks for the merit LFC! Oh MIC, 80 again! micgoossens edit that message!

[whiteboy420]

https://hackerone.com/reports/684092

How come MakerDAO can fix that bug? Can they just deploy any code they like? If their computers get hacked the attacker can steal all funds held by the Maker system it seems.

[Icygreen]

Did it, found the r0ach outside the WO.

Why'd you go for the roast beef version? I thought we agreed on the "succudry" for October?

[El duderino_]

Friday’s are busy....
More quiet overtime though!
#Fatman free Friday.

Night brohemians!

[LUCKMCFLY]

https://twitter.com/CauseWereGuys/status/1179882411901030400?s=20

Really instant made me laugh, would it be real ?? Would be awsome

Lol wow that's very good that,



Dude, I hope it's true!

[HairyMaclairy]

Trump placing 25% tariff on Scotch whiskey

https://www.bbc.com/news/uk-scotland-scotland-business-49915034

That will show those meddling Scots !

[d_eddie]

Feeling a bit bored
taking the stick to poke her
guess I'd better not



#haiku

[sirazimuth]

Feeling a bit bored
taking the stick to poke her
guess I'd better not



#haiku

poke it all you want
it doesn't really matter
the badger is wild

[Negotiation]

If only that guy put some on cold storage and forgot about it. Losing 800 even back in 2010, he should have gotten it back or bought back even.

Oh, I'm back in DT. Awesome.. I didn't even realize I was kicked out.

Welcome dabs for back DT  ...

[sirazimuth]

DT very strange,
hard to figure it out, though
cool when on the list

[lightfoot]

https://twitter.com/CauseWereGuys/status/1179882411901030400?s=20

Really instant made me laugh, would it be real ?? Would be awsome

The next 5 seconds involved that bottle of starbucks coffee being administered to the guy.

Anally.

[HairyMaclairy]

The current price of electricity in South Australia is negative $850 per megawatt hour. 

This means for every kilowatt hour of electricity you consume, the power companies will pay you 85 cents at the spot price because they are so desperate to unload electricity from the grid. 

Coal and nuclear power plants will never survive in these new market conditions because they cannot ramp up and down.   Coal plants take days to ramp down, and as we learned from the Chernobyl series, nuclear plants get xenon poisoning and other bad things if they are run too low. 

[sirazimuth]

The current price of electricity in South Australia is negative $850 per megawatt hour.  

This means for every kilowatt hour of electricity you consume, the power companies will pay you 85 cents at the spot price because they are so desperate to unload electricity from the grid.  

Coal and nuclear power plants will never survive in these new market conditions because they cannot ramp up and down.   Coal plants take days to ramp down, and as we learned from the Chernobyl series, nuclear plants get xenon poisoning and other bad things if they are run too low.  

Funny story...
Back in 2015 I put my  S4 antminer on ebay because the cost of electricity was more than the bitcoin I was mining.
Some dude in Australia bought it and my paypal account was credited.
Only problem was I had to pay shipping, as me being new to ebay selling, I did not realize you have to specify in the ad shipping not included.
Turns out after paying for shipping to Australia ,not only did that eat my selling price,
I had to shell out another $50. IOW, I'm paying some dude in Australia $50 to take my s4 bitcoin miner... Um...are you shitting me?
So of course I refunded him the money thru paypal and emailed him, apologizing that I was cancelling the sale.
He got totally irate and claimed I was a scammer, when in reality I was just an ebay noob, ignorant of the fact of knowing not to sell a miner without specifying shipping not included.
I googled and found out that if you are selling a miner, make sure you specify shipping not included otherwise australian buyers will jump on your ignorance and
call you a scammer in feedback when you cancel sale!  Needless to say, I dont sell on ebay any more.

[Icygreen]

BTC mining in Australia

[jojo69]

BTC mining in Australia

right?  holy shit man

[HairyMaclairy]

The charts may look like shit right now. But if we can hold above $8060 to the close of the week, it will be our first green weekly candle after 3 red candles.

[Biodom]

yes, chart looks bad and the whole 'premature fractal' looks even worse.
In fact, we started 2016-2017 bull run about 9 mo before halving.
Therefore, we are not ahead, but late by two months if you don't consider the move to 13.8K as a true "run".
The best we can count on here is slowly sloping upwards, hopefully exceeding the 200da MA.
If not, we will undergo a 'death cross' in one or two months.

My current thinking is that it is looking very bearish when it "should" have been progressively bullish (in this time zone vs halving)

[HairyMaclairy]

According to the 2015 fractal, we could run sideways from here to May 2020.  It would be a bit boring but I wouldn’t consider it disastrous. 

[Biodom]

According to the 2015 fractal, we could run sideways from here to May 2020.  It would be a bit boring but I wouldn’t consider it disastrous.  

A flat would be fine, but a quick downdraw to 5900 looks equally possible (numbers are taken from the chart, i am not predicting it).
BTW, from a historic perspective, 2015 (year before halving) had just 34% appreciation.
We started 2019 with about $3961, 34% on the top of this is roughly $5450.
Why I am comparing 2015-2016 with 2019-2020?
Because of the similar position vs halving (2016-July, 2020-end of May, provisionally).