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

[LFC_Bitcoin]

New bitcoin version is out:

Bitcoin Core version 0.19.0.1

Release notes here:
https://github.com/bitcoin/bitcoin/blob/master/doc/release-notes/release-notes-0.19.0.1.md

Notable changes (my personal selection):

New user documentation
Reduce memory suggests configuration tweaks for running Bitcoin Core on systems with limited memory. (#16339)

The GUI wallet now provides bech32 addresses by default. The user may change the address type during invoice generation using a GUI toggle, or the default address type may be changed with the -addresstype configuration option. (#15711, #16497)

A new wallet flag avoid_reuse has been added (default off). When enabled, a wallet will distinguish between used and unused addresses, and default to not use the former in coin selection. When setting this flag on an existing wallet, rescanning the blockchain is required to correctly mark previously used destinations. Together with "avoid partial spends" (added in Bitcoin Core v0.17.0), this can eliminate a serious privacy issue where a malicious user can track spends by sending small payments to a previously-paid address that would then be included with unrelated inputs in future payments. (#13756)

Users setting custom dbcache values can increase their setting slightly without using any more real memory. Recent changes reduced the memory use by about 9% and made chainstate accounting more accurate (it was underestimating the use of memory before). For example, if you set a value of "450" before, you may now set a value of "500" to use about the same real amount of memory. (#16957)

This last settings is important when running bitcoind from a Raspberry: it would be important to set it properly then.


What happened to Bitcoin core 0.19.0?

0.19.0 note

Due to a last-minute issue (#17449), 0.19.0, although it was tagged, was never released.

See the release notes for 0.19.0.1 instead.

Saw this earlier today, I’ll wait to upgrade.

Have they got rid of that annoying false warning about block sizes? I think you’ll remember I was moaning about it ages ago.

[LFC_Bitcoin]

https://twitter.com/whale_alert/status/1198620659024367619

This weekend the whales are excited.

Awesome, everyone would have to withdraw money from banks, the fee paid: 0.00004551 BTC

https://www.blockchain.com/btc/tx/822f61dfa7a73e54d108ed7f7804498c7b7ce1768b85a5ee44c0da216348b6f9

Got to be an exchange?
That’s an enormous amount of corn.

[fillippone]

<...>



Saw this earlier today, I’ll wait to upgrade.

Have they got rid of that annoying false warning about block sizes? I think you’ll remember I was moaning about it ages ago.

I think it was unexpected block version, not sizes, but I am afraid not. They don't give a shit about that.
This is how I was dismissed:  
https://github.com/bitcoin/bitcoin/issues/16343#issue-464475255

[LFC_Bitcoin]

<...>



Saw this earlier today, I’ll wait to upgrade.

Have they got rid of that annoying false warning about block sizes? I think you’ll remember I was moaning about it ages ago.

I think it was unexpected block version, not sizes, but I am afraid not. They don't give a shit about that.
This is how I was dismissed:  
https://github.com/bitcoin/bitcoin/issues/16343#issue-464475255

How rude  

[LUCKMCFLY]

The crises in some countries of South America, is making adoption much faster, inflation, economic problems are ravaging, began by Venezuela, is spreading to Chile, Colombia, Argentina.

The volumes are increasing, so far people see Bitcoin as a great refuge, in fact the best.

They say the dollar rate in ordinary markets is 800 Chilean Pesos (CLP) to the dollar. Their analysis of the dollar rate in bitcoin crypto exchanges and markets, however, concludes one dollar is worth 830 CLP.

Many are taking their chances with bitcoin where some $2 million worth of bitcoin volumes exchange hands weekly just on the peer to peer platform, Localbitcoins.

Colombia is next to Venezuela, so some of this volume might be related to the very dire situation in their neighboring country, but the economy of Colombia is not doing great in real terms as it is contracting by 1% to 0.5% every quarter when we account for inflation.

Source: https://www.trustnodes.com/2019/11/24/bitcoin-premium-develops-in-chile-adoption-spreads-in-colombia-amid-global-protests

[gembitz]

Is this all you’ve got bears?

Nothing is going to scare unless you crash it to sub $5,000 & even then I’ll just load up on cheap coins & wait for the moon with a bigger stash.

Must try harder

They simply can't. Wasted too much resources to bring us from 14K to 7K. They sold their bitcoins, while hodlers didn't. Bears had one last hope to use Black Friday FUD and that did't work as they hoped. We still don't sell   And their present state is like:

If bears don't want to starve to death, they should start buying their bitcoins back soon  

 
weee

[Findingnemo]

Wanna know how to get rich?

Buy cheap when everyone is scared. Then wait, and do nothing.

Sit on your hands. Smoke some cigars. Read some books. And continue to do nothing.

Sell when everyone is euphoric. Then wait, and do nothing.

Buy again when everyone is scared...


https://twitter.com/btc_macro/status/1198365753537286144?s=21

Been said numerous times... though I don’t sell but still these lines can help some guys 

Risk takers will get more reap, the same applies to crypto investors as well.

So anyone wants to get rich has to buy some coins now it's your turn since people keep selling in panic of below 7K price 6 month low.

[lightfoot]

don't fight with the Swiss they all have weapons at home.  

Sounds like they don't have bullets at home anymore. People always forget the bullets, they go on and on about how you need so many guns when you can easily go through 500 rounds on a bad day....

Buy ammo. Every time I used to go to Wally Mart I'd grab a box of .22 ammo. Never know.

[Last of the V8s]

Haven't liked an album more for ages - 'Thanks for the Dance'

https://youtu.be/gz9HJLckbGA Leonard Cohen - The Hills (Official Audio)

Code:

I can make the hills
The system is shot
I'm living on pills
For which I thank God
My animal howls
My angel’s upset
But I'm not allowed
A trace of regret
For someone will use
The thing I could not be
My heart will be hurt impersonally
She’ll step on the path
She’ll see what I mean
My will cut in half
And freedom between
For less than a second
Our lives will collide
The endless suspended
The door open wide
And she will be born
To someone like you
What I left undone
She will certainly do
I know she is coming
And I know she will look
And that is the longing
And this is the hook
I can’t make the hills
The system is shot
I'm living on pills
For which I thank God
My page was too white
My ink was too thin
The day wouldn’t write
What the night pencilled in
But I know she is coming
And I know she will look
And that is the longing
And this is the hook
(I know she is coming)
And I know she will look
(that is the longing)
And this is the hook
I can make the hills
The system is shot
I'm living on pills
For which I thank God
I sailed like a swan
I sank like a rock
But time is long gone
Past my laughingstock
And I can make the hills
The system is shot
I'm living on pills
For which I thank God

[Gyrsur]

don't fight with the Swiss they all have weapons at home.  

Sounds like they don't have bullets at home anymore. People always forget the bullets, they go on and on about how you need so many guns when you can easily go through 500 rounds on a bad day....

Buy ammo. Every time I used to go to Wally Mart I'd grab a box of .22 ammo. Never know.

yes, Sir. they changed it in 2007. until this year they had the weapon and the ammo at home in case Switzerland is under attack people are able to defense their selves to get to the central point in every village or city. but this ammo was sealed and twice (or ones?) a year if they had their target practice the seal was checked. in Switzerland you are not able to go in a market and buy ammo for yourselves legally like in US.

after 2007 the ammo is stored at the central point where they have to go to in case Switzerland is under attack. but the weapon is still at home if they want. all they need is illegal ammo. they are all militiamen to protect their beautiful country against aggressors from anywhere.  

Protip: if you ever be in Switzerland don't take an others man wife because it could get ugly for you. 

[Paashaas]

The last Star Wars movies was a little bit disappointing. However, as a Star Wars fan The Mandalorian is actually quite nice.

A mix of old TV western with sci-fi special effects (without an avalanche of CGI) and the action filled pacing of an animated show all in a Star Wars universe setting as you can expect.

It feels more like watching a movie than a serie. Nice breakout from Disney+.

Baby Yoda 

[Last of the V8s]

Well am very happy for you, it does look kinda fun.
But the amt of baby Yoda memes is too damn high.

[BitcoinGirl.Club]

<snip>

@Pamoldar relax man

I am relaxed and getting ready to have my dinner then a good night sleep 🙂
This Sheff vs Utd draw made my day.

[makrospex]

Now we seem to go quite sideways from a few $hundred below where we were before the pump of late october.
Let's see where it goes from here...

#hodl

[Dotto]

The future is inminent

[Lambie Slayer]

The future is inminent

Confirmed.

[Lambie Slayer]

Absolutely no sign of the Bargain Boyz yet, they just dont consider these coins to be cheap yet. More down to come. Get your fiat ready, opportunities will present themselves to the patient and fearless.

[whiteboy420]

i guess we bounce now

late shorts need to get punished.

got some fuel on finex (2k shorts added since 7250)

would post a picture but still not allow

[whiteboy420]

BTC/USD
Long/Short Ratio
77:22
% of supply long:short
0.15:0.045
Long Daily Charge
$43,965
Short Daily Charge
0.38588 BTC
Total Long
27,620 ($195,828,562)
Funded Longs
$129,310,184
Total Short
8,046 ($57,046,945)
Funded Shorts
6,125 BTC


shorts getting expensive.

[psycodad]

don't fight with the Swiss they all have weapons at home.  

Sounds like they don't have bullets at home anymore. People always forget the bullets, they go on and on about how you need so many guns when you can easily go through 500 rounds on a bad day....

Buy ammo. Every time I used to go to Wally Mart I'd grab a box of .22 ammo. Never know.

Aparently some alarm formations still got the 30shot can at home. Until 2007 every soldier had this can at home together with the rifle. The rule is that the can may only be opened when a mobilization for a given unit is declared and should serve as self protection while on the way to engaging.
While rumour has it that it was easy to get your hands on a few rounds "for home use" when in regular trainings, you always wanted to have a sealed can to show in inspections, I understand they are pretty serious about that. Losing or just opening it seems to translate to quite some time in the cooler. <- Gyrsur pointed that out already..


On another note: The girls on the picture in the original post are most probably so called Jungschützen, this is a shooting training open to all Swiss teens from the age of 15 and serves as preparation for military service. For the time of the training they get their personal rifle which they take home with them. The picture most probably shows the chicks on their way from or to the local shooting range.
So in Switzerland it can easily happen that you see an army assault rifle in the corner of the kids room.