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

[JayJuanGee]

Theymos boosted my merit power source by %175  

I wish he boosted the price of btc by %175 too.

Me too!
I’ll be looking for some impressive posting to spray my big load over boys. Tired now though, going to bed.

#nohomo

For some reason, I am feeling tired today, too.  So many different things happening, even though the bitcoin price has been a little boring in the last few days, and yeah boring is if the BTC price is trending down or flat rather than up.  So, at least, we have a little time for resting, if the BTC price is not doing too much.

Regarding recent source merit jugglings, I did find it a little strange that more or less theymos has effectuated a sweeping increase of the issuance of source merits that is largely based on averaging how much source merits have been using their smerit supply in the past six months.  

Use it or lose it potential in the way that the change was decided, which also resulted in a strange statistical outcome of a reduction of the number of merit sources from 128 to 98 (not withstanding at least one new merit source, congrats to fillippone) and also a bit of a reduction in the total monthly smerits from a bit under 30k per month to a bit over 20k per month.  There still may be some tweaking going on, perhaps?  You can see the number of source merits and quantity of monthly smerits here.

[El duderino_]

Daaaaamn had another very exciting meeting with Kurious and learned a lot out of the meet again!!!

Thx for having dinner and some nice sharing of thoughts !!!!!

[El duderino_]

Re: "Bitcoin won't go up, there is no volume"

The volume shows up when we break ATH.

That's when the magic starts happening.


https://twitter.com/CryptoBull/status/1195076147861762056?s=20

F***ing indeed, but don't mention it brother, let the n00bs play around

[D. Lerk]

Overfinch used to be run by a guy called Crook. He was a charmless salesman who had me counting my fingers after shaking his hand, and these days they don't add anything except an expensive badge.

But... they used to do real engineering and could transform the old "classic" RR from something you only aimed up the motorway into a quite glorious beast that handled and steered like it really shouldn't have done.

Well suited to old Hendrix/Dylan appreciating V8 lovers.

[soxxx]

Perhaps in a few hours we move

[fillippone]

Theymos boosted my merit power source by %175  

I wish he boosted the price of btc by %175 too.

Me too!
I’ll be looking for some impressive posting to spray my big load over boys. Tired now though, going to bed.

#nohomo

For some reason, I am feeling tired today, too.  So many different things happening, even though the bitcoin price has been a little boring in the last few days, and yeah boring is if the BTC price is trending down or flat rather than up.  So, at least, we have a little time for resting, if the BTC price is not doing too much.

Regarding recent source merit jugglings, I did find it a little strange that more or less theymos has effectuated a sweeping increase of the issuance of source merits that is largely based on averaging how much source merits have been using their smerit supply in the past six months.  

Use it or lose it potential in the way that the change was decided, which also resulted in a strange statistical outcome of a reduction of the number of merit sources from 128 to 98 (not withstanding at least one new merit source, congrats to fillippone) and also a bit of a reduction in the total monthly smerits from a bit under 30k per month to a bit over 20k per month.  There still may be some tweaking going on, perhaps?  You can see the number of source merits and quantity of monthly smerits here.

As long as I see from this thread:
(LIST)Open Merit Source Applications,waiting list.

At least three new MS were named today.
Other might reveal themselves later on.

[Last of the V8s]

Not sure where JJG got his figures from, though I too thought there were something like 128 at some point. They conflict with the ones here https://bitcointalk.org/index.php?topic=5198889.msg53078228#msg53078228


anyway congrats and all that jazz

edit well this confirms some of jjg's numbers
https://bitcointalk.org/index.php?topic=5180975.msg53079446#msg53079446
looks like he removed 30 or 40 and made 8??

[lightfoot]

Theymos boosted my merit power source by %175  

I wish he boosted the price of btc by %175 too.

Me too!
I’ll be looking for some impressive posting to spray my big load over boys. Tired now though, going to bed.

#nohomo

How do you know if you got the bump?

[Last of the V8s]

afaiu they got pm's from theymos and their source merit was refilled with the adjusted amounts

[JayJuanGee]

Theymos boosted my merit power source by %175  

I wish he boosted the price of btc by %175 too.

Me too!
I’ll be looking for some impressive posting to spray my big load over boys. Tired now though, going to bed.

#nohomo

For some reason, I am feeling tired today, too.  So many different things happening, even though the bitcoin price has been a little boring in the last few days, and yeah boring is if the BTC price is trending down or flat rather than up.  So, at least, we have a little time for resting, if the BTC price is not doing too much.

Regarding recent source merit jugglings, I did find it a little strange that more or less theymos has effectuated a sweeping increase of the issuance of source merits that is largely based on averaging how much source merits have been using their smerit supply in the past six months.  

Use it or lose it potential in the way that the change was decided, which also resulted in a strange statistical outcome of a reduction of the number of merit sources from 128 to 98 (not withstanding at least one new merit source, congrats to fillippone) and also a bit of a reduction in the total monthly smerits from a bit under 30k per month to a bit over 20k per month.  There still may be some tweaking going on, perhaps?  You can see the number of source merits and quantity of monthly smerits here.

As long as I see from this thread:
(LIST)Open Merit Source Applications,waiting list.

At least three new MS were named today.
Other might reveal themselves later on.

Oh?  I had not seen that thread.  Thanks for the link.

 I suppose it goes to show that theymos might have some information that he uses to decide whether to approve a MS application, and such information is not really publicly known.  In other words, sometimes there are applications pending for members who some of us might have already considered to have been good potential merit sources, but for whatever reason theymos has not appointed them as such.

Once you are a merit source, as long as you are responsible with your spending of smerits, I would expect that theymos would keep in you such position, and maybe even increase your allotment from time to time, as today's surprise tweaking shows. 

I guess on the other hand, other things could come up in life, and not allow for active forum participation, so in that regard, there can be some burdens in spending much of your allocated smerits on a monthly basis (or really a rolling basis, as the smerits are coming in). 

Personally, I just keep track in order that I can attempt to spread out my spending of smerits throughout the month, but even my system has a decent amount of irrationality in spending or even  spontaneousness, but the spreading out seems to work better for me, but if there are times in which I am not active, then the allocation smerit reserves might cause a bit of a feeling of stress, too, - to feel a need to spend them in an reasonably expedited timeframe.

[El duderino_]

Theymos boosted my merit power source by %175  

I wish he boosted the price of btc by %175 too.

Me too!
I’ll be looking for some impressive posting to spray my big load over boys. Tired now though, going to bed.

#nohomo

How do you know if you got the bump?

https://bitcointalk.org/index.php?topic=5164223.0

https://bitcointalk.org/index.php?topic=5198889.0

This two threads had been active and been answered recently through some PM's ....

MS allocation has been increased for the most active ones I think

[El duderino_]

Btw, night brothers, love you Kurious #no obviously !!!

[JayJuanGee]

Not sure where JJG got his figures from, though I too thought there were something like 128 at some point. They conflict with the ones here https://bitcointalk.org/index.php?topic=5198889.msg53078228#msg53078228


anyway congrats and all that jazz

I was going by memory.  About a week ago (or maybe it was only a few days ago), I had clicked on the merit sources link (on the merit stats page), and I had seen that there were about 128 merit sources.  There might have even been 130 merit sources, at one point, 4 or 5 months ago, too.  I also recall in the very beginning there were something like 35 merit sources, then there was a doubling into the 60s, and so that number does NOT stay the same, even though it seemed to had been pretty steady in the 120s for most of this (2019) calendar year.

But, yeah, of course, now we see 98 merit sources.

How do you know if you got the bump?

This particular instance was the receipt of a PM from theymos, and also if you click on your merit sending page (after receiving that PM from theymos), you would have seen that the quantity of your smerits had changed.

Actually, whenever theymos resets your smerit allocation amount, you get a reissuance of the total amount of smerits for the month, so it wipes out your previous smerit balance.

Let's say for example that you had a smerit allocation of 100 per month.  Choosing this amount because it is easier to see the math, and you had been pretty diligent about spending your about 3.3 smerits per day, so in the beginning of today, you had 3 smerits in your account that you were able to spend, but you received a pm from theymos that said that he had increased your allocation, and so when you log in, you see that you have 175 smerits to send, so the 3 smerits that you would have had got wiped off of your account, and instead of having an average of 3.3 smerits per day, you can average sending 5.83 smerits per day. 

Of course, if you spend all of your 175 smerits in 10 days, then you will have to wait 20 days to get any reissuance smerits, because smerits are reissued 30 days from when you spend them, so if you spend them all like a drunken sailor, then you are going to have gaps of an empty smerit bank.

[Hueristic]

Now, designing a new post-apocalypse cpu that could be created from low-tech sources and an os to go with it, that's a good idea.

Back in college, I built an 8085 clone outta MSI gate chips. Not quite raw materials (I, Pencil anyone?), but a step in that direction.

Yeah, I was writing assembly for the 8085 back in college myself in microprocessor theory class.

Back in college, I built an 8085 clone outta MSI gate chips. Not quite raw materials (I, Pencil anyone?), but a step in that direction.

Yeah, like that. Z80 was a nice chip, sure, but we can do better. Our new chip will need functions to aid in sha-256 so we can keep the blockchain alive.

Well IIRC 8085 was 4 bit z80 (just like 8088@8mh instead of 4.77mhz) was 8 bit external 16 internal and 8086 was 16bit so without doing any reading on this can someone tell me why they would choose z80 as opposed to 8086 or there was a TI equivalent at the time?

Do they think post apocalypse it will be easier to fab up z80's than 8086?

big piles of 7400 series logic DIPs

You looking at the crap I just had spill all over the floor? Funny that I just tossed a shitload of them after knocking over the bins. I saved a few of the gold plated ones though. Maybe when I ge back home I'll upload some chip porn.

[soxxx]

I am expecting Bitcoin to bounce off of $8500, it would be the .618 from the huge candle from October, and proceed to break the falling wedge within a few days.

My target was just hit, I do believe its possible we go a down to $8300, but it will be short lived, if not we are on our way up now guys

 

[Hueristic]

I always hope yesterday ^

Bitcoin Price Volatility Liquidates $90 Million in Brutal Pump and Dump

https://www.ccn.com/bitcoin-price-volatility-liquidates-90-million-brutal-pump-dump/

OK, so "the analysis's" are finally figuring out "BTFD" thats the big news here.

I’m driving, I don’t know what I’m doing .....

Welcome cryptoqueen....

LOL, I get it... woman drivers. Lol

Final anniversary art piece posted: CHECK

Link to original post




EDIT: should have blown off the dust before making the photo 

Yeah, OK I want one. PM me a price.

Via Twitter: https://twitter.com/HeyRhett/status/1190781461244366848

100 trillion, picture a pile of rocks. Lol

[nutildah]

You keep trying to harp on penalty claims, when over and over again I point out that penalty claims are not the exclusive means for losing funds in LN. Ergo, irrelevant.

The whole thing was in response to your question, which was lost somewhere along the way:

But tell me - why is it assumed that there were penalty claims?

So I told you.

(meaningless ego-based banter snipped out)

For the record, I'm ambivalent on the matter. I don't know, (and I don't much care) whether or not the described event occurred as described (although I know it to be possible within the design of LN, which may or may not give the passerby pause). But I am not willing to propagate hearsay as fact -- something which you are demonstrably altogether happy to do.

I can't make you understand that hearsay is only bad when applied to court room trials. Without doing that, almost every single news article that contains a rephrasing of another's words could be considered "hearsay."

If you are interested in the actual findings, here's where things currently stand:

guggero 4:39 PM

Hi. I did write the tool to figure out what's going on with your channels.
This is what it looks from the file (listchannels-guggero.txt from Oct. 23):
- Channels still open (funding-TX not spent): 115 (101342555 sats)
- Channels that were closed (funding-TX spent): 295
   - Funds in outputs that belong to your node: 268829394 sats
   - Of those funds, 139479289 sats are in normal on-chain outputs that should be salvageable just with the seed.
So I guess there's still around 3.7 BTC that should in theory be claimable.

In an earlier post, he determined that he only had 3.73452874 BTC missing after the dust settled...

3.7345 - 3.7 = 0.0345 still missing, if not accounted for by

1 - rounding done by guggero
2 - penalty transactions
3 - "unjust enrichment"

So basically, the entire thing actually was FUD, even if unintentional on the part of the guy who "lost" his coins. Basically my hunch was correct, and yours wasn't. You can point to whatever you consider to be a logical inconsistency in previous iterations of the argument but it doesn't change the outcome of me being right.

[Bitcoinaire]

More downward pressure, but with the halving 6 months away the tide will slowly start to turn more positive.

[HI-TEC99]

But the mesh chairs aren't going to be as comfortable as finding a well-designed memory foam chair (if they even exist).

Says the person who -- in the very same sentence -- admits he's never sat in one.

<whatevs>

I'm sitting comfortably in the chair you derided, while you're whinging about your chair's lumbar support pain. Observers can draw their own conclusions.

Are you sure it's safe? I threw some memory foam away after reading about the dodgy chemicals in it.

Are you sure you haven't lost the plot? It appears you are asking me? I'm not the one touting memory foam. For reference:
https://bitcointalk.org/index.php?topic=178336.msg53059453#msg53059453

Sorry, I misconstrued your post. I wasn't familiar with classy chairs like the $500+ Carl Tatz eChair, or the $1000+ Aeron.

I thought you were referring to something like the Sanwa Direct Fluffy Floor Chair Memory Foam Urethane & Mesh.



This is the type of chair I'm familiar with.



Either that or the Fluffy Floor Chair.

[JayJuanGee]

I am expecting Bitcoin to bounce off of $8500, it would be the .618 from the huge candle from October, and proceed to break the falling wedge within a few days.

My target was just hit, I do believe its possible we go a down to $8300, but it will be short lived, if not we are on our way up now guys

 

Moving goal poles..... 


By the way, I was thinking that if BTC does not go down further or sideways then it probably will go up.  So that was a very helpful way to work through what is likely to happen.