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

[arklan]

I wish we'd just crash below $6,500, to rip the bandage off and cause some real pain. This fucking around Bitcorn is doing, is starting to piss me off. She's all over the place last few weeks...

well yea, but that's just how sideways goes... i mean, an actual stable currency would have tiny movements, never really changing by any large amount... least we're not seeing that.

[JayJuanGee]

I wish we'd just crash below $6,500, to rip the bandage off and cause some real pain. This fucking around Bitcorn is doing, is starting to piss me off. She's all over the place last few weeks...

well yea, but that's just how sideways goes... i mean, an actual stable currency would have tiny movements, never really changing by any large amount... least we're not seeing that.

I doubt that we can expect bitcoin to serve as any kind of stable currency for a long time.  It is too god damned small.

Furthermore, I have no problems with current BTC prices, even though we seem to be towards the bottom of a correction channel.  We are a whole hell of a lot better off, so it seems to me, than we were between December 2018 and March 2019...... like double better, so I really cannot appreciate reasons to be complaining regarding the bearwhales that are going to try to manipulate prices down as far as they can and for as long as they can, and even though I have no clue about when they are going to run out of coins to dump, it does seem that sooner or later the momentum is going to change and bearwhales who are betting upon further down or any other fence sitters, no coiners or bitcoin naysayers might end up getting fucked to the extent that they have not adequately prepared themselves for UP.

[arklan]

I wish we'd just crash below $6,500, to rip the bandage off and cause some real pain. This fucking around Bitcorn is doing, is starting to piss me off. She's all over the place last few weeks...

well yea, but that's just how sideways goes... i mean, an actual stable currency would have tiny movements, never really changing by any large amount... least we're not seeing that.

I doubt that we can expect bitcoin to serve as any kind of stable currency for a long time.  It is too god damned small.

Furthermore, I have no problems with current BTC prices, even though we seem to be towards the bottom of a correction channel.  We are a whole hell of a lot better off, so it seems to me, than we were between December 2018 and March 2019...... like double better, so I really cannot appreciate reasons to be complaining regarding the bearwhales that are going to try to manipulate prices down as far as they can and for as long as they can, and even though I have no clue about when they are going to run out of coins to dump, it does seem that sooner or later the momentum is going to change and bearwhales who are betting upon further down or any other fence sitters, no coiners or bitcoin naysayers might end up getting fucked to the extent that they have not adequately prepared themselves for UP.

guys, help, i'm scared, i agree with JJG.

yea, we're a long, long way from stable. and yea, I agree, we're in another slump of down like we've seen multiple times before, and each time before there was, eventually, a climb, then a spike. this is what, the 4th or fifth time in the last decade?

[JayJuanGee]

I wish we'd just crash below $6,500, to rip the bandage off and cause some real pain. This fucking around Bitcorn is doing, is starting to piss me off. She's all over the place last few weeks...

well yea, but that's just how sideways goes... i mean, an actual stable currency would have tiny movements, never really changing by any large amount... least we're not seeing that.

I doubt that we can expect bitcoin to serve as any kind of stable currency for a long time.  It is too god damned small.

Furthermore, I have no problems with current BTC prices, even though we seem to be towards the bottom of a correction channel.  We are a whole hell of a lot better off, so it seems to me, than we were between December 2018 and March 2019...... like double better, so I really cannot appreciate reasons to be complaining regarding the bearwhales that are going to try to manipulate prices down as far as they can and for as long as they can, and even though I have no clue about when they are going to run out of coins to dump, it does seem that sooner or later the momentum is going to change and bearwhales who are betting upon further down or any other fence sitters, no coiners or bitcoin naysayers might end up getting fucked to the extent that they have not adequately prepared themselves for UP.

guys, help, i'm scared, i agree with JJG.

yea, we're a long, long way from stable. and yea, I agree, we're in another slump of down like we've seen multiple times before, and each time before there was, eventually, a climb, then a spike. this is what, the 4th or fifth time in the last decade?

No need to fear, arklan.  Lots of guys (and gal) agree with me on a regular basis, even if some of the peeps might be too fraidie kitties to admit.

Some of them have resorted to reading books to overcome fear(s); I am glad that you did not need to take such measures.   

[Hueristic]

First BTC node in space.

Points to note:
1. Jeff Garzik Bitcoin core developer, possibly This Guy
2. Space agencies for satellite launch Nasa > SpaceX > Chinese (CNSA) then followed by Indian (ISRO) in future.

A Bitcoin Wallet Is Orbiting the Earth at 5 Miles Per Second

CAPE CANAVERAL, FLORIDA – At exactly 12:29 EST on Thursday, a crypto wallet built by developers at SpaceChain hurtled into the stratosphere aboard a Falcon 9 rocket.

When it arrived at the International Space Station, the 1kg node – only a fraction of SpaceX CRS-19 resupply mission's 2,600kg payload – became the first active bitcoin node on the ISS.

For SpaceChain, the launch is a step forward in its mission of building out a robust, decentralized blockchain infrastructure high above the Earth. The wallet will be beyond any country’s jurisdiction – and well above the reach of any physical hardware hacks.

SpaceChain sees its nodes as a radical new way to make crypto transactions more secure. This is the three-year-old company’s third launch and its first from American soil. The other two launches blasted off from China.

This is some cool ass shit that i'd love to heart on the Nightly News!

Mah Patriots look horrible today!

 Ah you're too hard on them.  They looked really good for the first 3-4 minutes...
Steelers had it easy today - they played the Cards.   Hard not too look good but they tried anyway

Cowgirls looked good first drive as well. Lol

Steelers have had some fire in them lately with a team full of second and third stringers!


I've been wasting alot of time on the new Ryzen system trying to get winblows 7 and qubes to play with each other. I know it defeats qubes purpose but its just to get acquainted with it and have it on an easy to access system (my htpc thats always in reach).

Preview of the Cybertruck’s autopilot

https://twitter.com/RampCapitalLLC/status/1204141199835238402?s=20

Autopilot has room for improvement.

https://www.bloomberg.com/news/articles/2019-12-09/tesla-on-autopilot-rear-ends-parked-police-car-in-connecticut

A Tesla Model 3 sedan hit a parked police cruiser with its hazard lights flashing on a major highway near Norwalk, Connecticut, over the weekend.

Now thats some funny shit right there.

guys, help, i'm scared, i agree with JJG.

[akhjob]

Bakkt just launched two new products:

• Bakkt Bitcoin Monthly Options:
The first CFTC regulated option on futures contract for bitcoin
• Bakkt Bitcoin Cash Settled Futures:
A new cash settled futures contract available on ICE Futures Singapore

https://twitter.com/bakkt/status/1204046280072318976

[arklan]

First BTC node in space.

Points to note:
1. Jeff Garzik Bitcoin core developer, possibly This Guy
2. Space agencies for satellite launch Nasa > SpaceX > Chinese (CNSA) then followed by Indian (ISRO) in future.

A Bitcoin Wallet Is Orbiting the Earth at 5 Miles Per Second

CAPE CANAVERAL, FLORIDA – At exactly 12:29 EST on Thursday, a crypto wallet built by developers at SpaceChain hurtled into the stratosphere aboard a Falcon 9 rocket.

When it arrived at the International Space Station, the 1kg node – only a fraction of SpaceX CRS-19 resupply mission's 2,600kg payload – became the first active bitcoin node on the ISS.

For SpaceChain, the launch is a step forward in its mission of building out a robust, decentralized blockchain infrastructure high above the Earth. The wallet will be beyond any country’s jurisdiction – and well above the reach of any physical hardware hacks.

SpaceChain sees its nodes as a radical new way to make crypto transactions more secure. This is the three-year-old company’s third launch and its first from American soil. The other two launches blasted off from China.

This is some cool ass shit that i'd love to heart on the Nightly News!

ok, that is actually really cool. i need to read more on that...

[LUCKMCFLY]

Bitcoin vs. World's Megacorps

It is without a doubt the best Investment:



Total return (%) with Investment of $ 100 10 years ago:

1. Bitcoin: 9150088%
2. Amazon: 3,156%
3. Manzana: 2,345%
4. Visa: 1,597%
5. Microsoft: 899%
6. JP Morgan: 433%
7. Facebook: 420%
8. Berkshire Hathaway: 228%
9. Johnson & Johnson: 216%
10. Walmart: 171%
11. Alibaba: 108%

A interesting article,

Source: https://howmuch.net/articles/biggest-companies-vs-bitcoin-last-decade-performance

If we take into account that these actions its important movements are every 10 to 8 years, Bitcoin in its first 10 years has been much better, which means that due to its nature it can be predicted that the next growth of Bitcoin will be much more high, which is still the best investment in the world with respect to the Stock Market.

[JayJuanGee]

Bitcoin vs. World's Megacorps

It is without a doubt the best Investment:



Total return (%) with Investment of $ 100 10 years ago:

1. Bitcoin: 9150088%
2. Amazon: 3,156%
3. Manzana: 2,345%
4. Visa: 1,597%
5. Microsoft: 899%
6. JP Morgan: 433%
7. Facebook: 420%
8. Berkshire Hathaway: 228%
9. Johnson & Johnson: 216%
10. Walmart: 171%
11. Alibaba: 108%

A interesting article,

Source: https://howmuch.net/articles/biggest-companies-vs-bitcoin-last-decade-performance

If we take into account that these actions its important movements are every 10 to 8 years, Bitcoin in its first 10 years has been much better, which means that due to its nature it can be predicted that the next growth of Bitcoin will be much more high, which is still the best investment in the world with respect to the Stock Market.

That's a ridiculous assertion.  Bitcoin had absolutely no value when it launched, and it took nearly a year and a half to get some kind of idea of possible value (with the pizza transaction), and maybe a couple more years to get any kind of meaningful exchange trading with MTGOX and some of the limited number of exchanges to cause some kind of possibly meaningful liquidity.  

Probably more fair to start measuring BTC price or value from 2012, if not a bit later.. but hey.. we can assess that there was some liquidity and price finding abilities that were starting to occur in 2010 and 2011 - but still seems a bit too damned niche in those earliest of days to even be attempting to compare with start-up companies with some track recored or even mature companies/investments, like the ones listed.

[bitserve]

^Agreed.

This "stability" is nerve wrecking btw.

[JSRAW]

@VB1001 Nice history on the WOhats. I'll be glad if I got one of xhomerx10 hats in future.

I'm glad you liked it, as far as I'm concerned, I only collect information, the hats are xhomerx10 designs he decides when and how.

Oh sorry for the misunderstanding. The 1st sentence was an appreciation for your extensive search. The 2nd one is for xhomerx10
Maybe be I should have separated them with a line 

Bro, Post any pic of your choice for hat avatar here and if for some reasons you are not posting in public then send PM to @xhomerx10 with same.
For speed up the order add some heart, kisses emoji text with magic word Please but don't forget to add #NoHomo

[JayJuanGee]

^Agreed.

This "stability" is nerve wrecking btw.

You must be so relieved, though, bitserve.

Remember the good ole days when you were so capitulating-inclined (like last year around this time, and might have already started in September or October of 2018?... I am too lazy to look it up).

I get the sense that your spirits are UP, even if you might be reluctant to admit it.  


 

[LUCKMCFLY]

Bitcoin vs. World's Megacorps

It is without a doubt the best Investment:



Total return (%) with Investment of $ 100 10 years ago:

1. Bitcoin: 9150088%
2. Amazon: 3,156%
3. Manzana: 2,345%
4. Visa: 1,597%
5. Microsoft: 899%
6. JP Morgan: 433%
7. Facebook: 420%
8. Berkshire Hathaway: 228%
9. Johnson & Johnson: 216%
10. Walmart: 171%
11. Alibaba: 108%

A interesting article,

Source: https://howmuch.net/articles/biggest-companies-vs-bitcoin-last-decade-performance

If we take into account that these actions its important movements are every 10 to 8 years, Bitcoin in its first 10 years has been much better, which means that due to its nature it can be predicted that the next growth of Bitcoin will be much more high, which is still the best investment in the world with respect to the Stock Market.

That's a ridiculous assertion.  Bitcoin had absolutely no value when it launched, and it took nearly a year and a half to get some kind of idea of possible value (with the pizza transaction), and maybe a couple more years to get any kind of meaningful exchange trading with MTGOX and some of the limited number of exchanges to cause some kind of possibly meaningful liquidity.  

Probably more fair to start measuring BTC price or value from 2012, if not a bit later.. but hey.. we can assess that there was some liquidity and price finding abilities that were starting to occur in 2010 and 2011 - but still seems a bit too damned niche in those earliest of days to even be attempting to compare with start-up companies with some track recored or even mature companies/investments, like the ones listed.

Well, yes, maybe it was because the author of the article did not take into account that after the pizza transaction started everything, the truth is that that detail I missed, thank you very much, it is a golden observation ... Then the graphic obviously it would have another form, judging by mathematics, it would have to have a horizontal behavior and not pronounced from the beginning ...

[AlcoHoDL]

Bitcoin vs. World's Megacorps

It is without a doubt the best Investment:



Total return (%) with Investment of $ 100 10 years ago:

1. Bitcoin: 9150088%
2. Amazon: 3,156%
3. Manzana: 2,345%
4. Visa: 1,597%
5. Microsoft: 899%
6. JP Morgan: 433%
7. Facebook: 420%
8. Berkshire Hathaway: 228%
9. Johnson & Johnson: 216%
10. Walmart: 171%
11. Alibaba: 108%

A interesting article,

Source: https://howmuch.net/articles/biggest-companies-vs-bitcoin-last-decade-performance

If we take into account that these actions its important movements are every 10 to 8 years, Bitcoin in its first 10 years has been much better, which means that due to its nature it can be predicted that the next growth of Bitcoin will be much more high, which is still the best investment in the world with respect to the Stock Market.

That's a ridiculous assertion.  Bitcoin had absolutely no value when it launched, and it took nearly a year and a half to get some kind of idea of possible value (with the pizza transaction), and maybe a couple more years to get any kind of meaningful exchange trading with MTGOX and some of the limited number of exchanges to cause some kind of possibly meaningful liquidity.  

Probably more fair to start measuring BTC price or value from 2012, if not a bit later.. but hey.. we can assess that there was some liquidity and price finding abilities that were starting to occur in 2010 and 2011 - but still seems a bit too damned niche in those earliest of days to even be attempting to compare with start-up companies with some track recored or even mature companies/investments, like the ones listed.

My thoughts exactly.

It's like a 1/0 = Infinity kind of thing...

[bitserve]

^Agreed.

This "stability" is nerve wrecking btw.

You must be so relieved, though, bitserve.

Remember the good ole days when you were so capitulating-inclined (like last year around this time, and might have already started in September or October of 2018?... I am too lazy to look it up).

I get the sense that your spirits are UP, even if you might be reluctant to admit it.  


 

Not reluctant at all. IIRC I was relieved "enough" when BTC climbed over $5K (not only because of the price, but the strenght and dynamics of the bounce) which is when I removed my "capitulation" status.

So yeah, my spirit is somewhat up when it comes to Bitcoin (IRL issues aside). Far from euphoric though... if you ever notice me too much euphoric please remind me to sell some this time (in case I "forget" to do it... again).

I am not very happy that, unlike during the 2014-2015 bear market, my BTC count has barely increased this time but I'll have to live with that.

Also I am still fearful that so much expectation from so many people about the halving could not result in the expected outcome and when I see "predictions" for the next 2-5 years like $50K, $100K and over I get nervous. Well, we will see. Whatever it has to be, just let it be. I will just HODL (and try to sell *some* when the time price comes).

[kurious]

A reminder that the battle for open source financial and communication freedom is not ever 'won'.  A little vigilance is essential.

https://medium.com/swlh/how-microsoft-might-become-a-threat-to-bitcoin-f886fe7fbb3a

'The American software behemoth has been censoring the development of open-source software on Github. This has serious implications for blockchain development projects, including Bitcoin.'

[mindrust]

A reminder that the battle for open source financial and communication freedom is not ever 'won'.  A little vigilance is essential.

https://medium.com/swlh/how-microsoft-might-become-a-threat-to-bitcoin-f886fe7fbb3a

'The American software behemoth has been censoring the development of open-source software on Github. This has serious implications for blockchain development projects, including Bitcoin.'

I am sure there are other alternatives to github. They are chasing a ghost here.

Many devs already moved from GitHub to somewhere else. (GitLab, SourceForge, Bitbucket ?)

If microsoft buy these too, there will be something else.

Maybe some day all the development moves to deepweb/tor network.

[El duderino_]

They promised us an X-mass price.....

[MERlT]

They promised us an X-mass price.....

The hats are very nice, but in the interim the bastards are building the Death Star https://www.youtube.com/watch?v=3dW549Ohkxo

[psycodad]

A reminder that the battle for open source financial and communication freedom is not ever 'won'.  A little vigilance is essential.

https://medium.com/swlh/how-microsoft-might-become-a-threat-to-bitcoin-f886fe7fbb3a

'The American software behemoth has been censoring the development of open-source software on Github. This has serious implications for blockchain development projects, including Bitcoin.'

I am sure there are other alternatives to github. They are chasing a ghost here.

Many devs already moved from GitHub to somewhere else. (GitLab, SourceForge, Bitbucket ?)

If microsoft buy these too, there will be something else.

Maybe some day all the development moves to deepweb/tor network.

When Microshaft announced the github takeover I moved our stuff to a self-hosted gitea instance and back it up via duplicity to a protonmail account. Fixed.

Being in this business since the early 90s I learned that whatever you use from Redmond will bite you sooner or later (often sooner).