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

[Globb0]

Why have you got "Pink Panties" as your personal text? Is that the colour of knickers you are wearing today?

This is the only explanation you're getting - http://www.youtube.com/watch?v=QnXPqUU6fI0&t=0m51s

I think you got away so lightly here.


I know when a few of the old masters around here saw you dare to mention Gentalmand's panties they were reeling back with fear what might be unleashed. OK some may have just reached for the popcorn.


Thank satoshi for weird "music" on youtube.


77263 77263beep    

[OutOfMemory]

https://gnews.org/107513/

Unusual activities before the epidemic
The U.S. government will investigate the stock market manipulations took place before the Wuhan epidemic including (but not limited to):

“Exists” from Stock Exchanges in Shanghai, Shenzhen, and Hong Kong.
short-selling
People with knowledge of the viral attack sold a large number of stocks to American, European and Saudis investors. Many people who sold their stocks include Jiang Zhicheng (the grandson of Jiang Zeming, the former president of China), Meng Haijin (the daughter of Meng Jianzhu), and Gao Yanyan, etc.
Li Ka-shing, a pro-CCP tycoon in Hong Kong, unloaded a significant portion of his stock holding after Nov 12, a move he did not take during the Hong Kong pro-democracy protests.
Many Chinese business tycoons have been shorting stocks and selling stock holdings to foreigners while keeping their mouths shut since Nov 12, 2019.

Shorting exchanges where American investors are long is now outlawed. These bastards don't share our values. Bomb them!

There's a conspiracy theory behind that. It says that the CCP leaders and friends caused the nCoV outbreak and took advantage of the inside knowledge beforehand, shorted their holdings and fled the country before things got hot.
Don't ask ME if this is true or not

[HI-TEC99]

Why have you got "Pink Panties" as your personal text? Is that the colour of knickers you are wearing today?

This is the only explanation you're getting - http://www.youtube.com/watch?v=QnXPqUU6fI0&t=0m51s

I think you got away so lightly here.


I know when a few of the old masters around here saw you dare to mention Gentalmand's panties they were reeling back with fear what might be unleashed.

genitalmand's panties?

[LoyceV]

I got the idea for this graph in Investing 1$ every day in bitcoin over the last five years, but the graph I created doesn't only include the last 5 years until today. It includes every consecutive period of 5 years in which Bitcoin had a dollar value, until yesterday.

I don't know if anyone ever made a graph like this before, but I think it adds a nice perspective.

Results:

Data source: https://coinmetrics.io/newdata/btc.csv
Note: I had to use a logarithmic scale to make the graph readable.

Details:
The first 5 year period starts on July 18, 2010, when Bitcoin is valued at $0.08584. On this day, $1 buys 11.64958062BTC.
After spending $1 on Bitcoin every day for 5 years (I used 1826 days), it's July 17 2015.
July 17, 2015 is the very first data point in the graph: the most left red and blue dots.
The last data point (the most right red and blue dots) represent the investment period that ended on February 9, 2020, and started 5 years before that date.

The obvious
Early adopters had the best bet. Nothing new here!
Investing a total of $1826 in Bitcoin, for 5 years, with a dollar per day, would have gotten you $10,000 or more at the end of your 5 years, no matter when you started!
The amount of Bitcoin you can buy using "dollar cost averaging" for 5 years in a row has continuously been declining. No exceptions!
The dollar equivalent seems to have touched a bottom at $10,000.

Investment advice
I don't do that! This graph is based on historic data, if I'd know the future, I'd be rich!

[Last of the V8s]

^*"if I'd known" 
https://youtu.be/Nb2tebYAaOA Jim Keller: Moore's Law, Microprocessors, Abstractions, and First Principles (95 mins)
https://youtu.be/1CSeY10zbqo Jim Keller: Most People Don't Think Simple Enough (8 minute teaser)
super stuff, abso fascinating, sorta knew it already, but he explains so clearly; like a favo song

[hodl_2015]

BitcoinSV seems to be having some issues  

https://bitcoinist.com/bitcoin-sv-nodes-crash-following-genesis-downgrade/

"the end goal was to have one node controlled by Calvin Ayres" Just cruel.
On the bright side, with two nodes a 51% attack is not possible.

[Last of the V8s]

[Raja_MBZ]

[Gyrsur]

^^oh boy! what have I done to deserve this?



EDIT: fun fact: in 2025 CE Trump's second presidential term has ended.

[fillippone]

I got the idea for this graph in Investing 1$ every day in bitcoin over the last five years, but the graph I created doesn't only include the last 5 years until today. It includes every consecutive period of 5 years in which Bitcoin had a dollar value, until yesterday.

I don't know if anyone ever made a graph like this before, but I think it adds a nice perspective.

Results:

Data source: https://coinmetrics.io/newdata/btc.csv
Note: I had to use a logarithmic scale to make the graph readable.

Details:
The first 5 year period starts on July 18, 2010, when Bitcoin is valued at $0.08584. On this day, $1 buys 11.64958062BTC.
After spending $1 on Bitcoin every day for 5 years (I used 1826 days), it's July 17 2015.
July 17, 2015 is the very first data point in the graph: the most left red and blue dots.
The last data point (the most right red and blue dots) represent the investment period that ended on February 9, 2020, and started 5 years before that date.

The obvious
Early adopters had the best bet. Nothing new here!
Investing a total of $1826 in Bitcoin, for 5 years, with a dollar per day, would have gotten you $10,000 or more at the end of your 5 years, no matter when you started!
The amount of Bitcoin you can buy using "dollar cost averaging" for 5 years in a row has continuously been declining. No exceptions!
The dollar equivalent seems to have touched a bottom at $10,000.

Investment advice
I don't do that! This graph is based on historic data, if I'd know the future, I'd be rich!

When someone asks me why I hang out in the WO, I answer with this kind of posts: a true knwoledge pearl.

In the WO thread you can find everything: from the most cheeky memes or the most obnoxious rants to competent news reporting or thoughtful analysis like this one.

[jojo69]

BitcoinSV seems to be having some issues  

https://bitcoinist.com/bitcoin-sv-nodes-crash-following-genesis-downgrade/

got out at .042

had a buy order in at .0285...but yeah...I pulled that

[matt4054]

On the bright side, with two nodes a 51% attack is not possible.

How would having 2 nodes make an attack impossible?

[Globb0]

More greater than the graph would be the person to offer this as a service. A 1$ a day sweep, oh boy how that could snowball   

I got the idea for this graph in Investing 1$ every day in bitcoin over the last five years, but the graph I created doesn't only include the last 5 years until today. It includes every consecutive period of 5 years in which Bitcoin had a dollar value, until yesterday.

I don't know if anyone ever made a graph like this before, but I think it adds a nice perspective.

Results:

Data source: https://coinmetrics.io/newdata/btc.csv
Note: I had to use a logarithmic scale to make the graph readable.

Details:
The first 5 year period starts on July 18, 2010, when Bitcoin is valued at $0.08584. On this day, $1 buys 11.64958062BTC.
After spending $1 on Bitcoin every day for 5 years (I used 1826 days), it's July 17 2015.
July 17, 2015 is the very first data point in the graph: the most left red and blue dots.
The last data point (the most right red and blue dots) represent the investment period that ended on February 9, 2020, and started 5 years before that date.

The obvious
Early adopters had the best bet. Nothing new here!
Investing a total of $1826 in Bitcoin, for 5 years, with a dollar per day, would have gotten you $10,000 or more at the end of your 5 years, no matter when you started!
The amount of Bitcoin you can buy using "dollar cost averaging" for 5 years in a row has continuously been declining. No exceptions!
The dollar equivalent seems to have touched a bottom at $10,000.

Investment advice
I don't do that! This graph is based on historic data, if I'd know the future, I'd be rich!

[fillippone]

On the bright side, with two nodes a 51% attack is not possible.

How would having 2 nodes make an attack impossible?

I think he’s jokingly referring to the impossibility of having a 51% share of 2.
Funny.
The reality is you can easily add 3 nodes and have a 60% attack.

[Arriemoller]

No, Li Kashing's last name is Li
duh

I  thought that was his surname.

[Gyrsur]

"When you accidentally summon the demon, while trying to sing the lyrics."  --Supergeets 3603

Dune - Hardcore Vibes  

K2 Der Berg Ruft  

Edelweiss - "Bring Me Edelweiss"  

Schiller und das Berlin Show Orchestra - ein schöner Tag - classic meets electro - Opening IGA 2017  

Tangerine Dream - Love On A Real Train (State Azure Cover)  

Teho - Arif (Original Mix)  

but this guys here run out of competition --> The Analog Session - N5 From Outer Space 

[eddie13]

I am NOT sure if you should be proud of NOT buying.

Well I am..
I am definitely proud of what crypto I have been able to accumulate based on nothing but my own skill and determination to stack Satoshis, made completely on my own merit, having absolutely nothing to do with any advantage of how much I could "afford to buy".. I made it myself having nothing to do with $ or investments funded by any efforts outside of crypto.. Made all my crypto from crypto..

It's not like I got lucky on a few trades and made a killing.. It took me a LOT of time and hard effort to make the around 10,000 manual trades I have over years and gained the skill to have more of them profitable than not..

You don't think that's something to be proud of?
You can be proud of something you bought, while I can't be proud of something that I have MADE.. ??
I think not..
Would you be more proud of a house you bought with a nice lawn and all, or the house you built yourself on property you cleared yourself and made that nice lawn with your own hands?

So if you start with 1 BTC, then you should have 140BTC... great.  Hard to beat that.

It doesn't work like that that easily..
It is sooo much easier to double 0.01 BTC than it is to double 1 BTC.. Do you understand this?

You can flip a good spread all day long on a smaller market with 0.01 BTC but you cannot do the same with 1 BTC..
The more value you want to trade the more liquidity the market needs to have which will come with more skilled trading competition, smaller spreads, and less volatility..
Playing back and forth between walls/spreads is one of my main targets to trade but you can't do the same thing with larger amounts, because then you become the walls..
Trading based off large orders coming into the books pushing the price works great, untill your orders are the large orders that push the price, then it doesn't work anymore..

you are coming off as hostile to dollar cost averaging

I don't have any problem with the dollar cost averaging strategy.. I would recommend it also.. To those who aren't willing to put in any actual effort, or even alongside other efforts.. But I wouldn't shit all over other efforts/methods..
If I am hostile about anything it would be this...

Trading is also NOT a way to accumulate BTC or wealth.
trading should not be a means to accumulate BTC
Trading is also NOT a way to accumulate BTC or wealth.
trading should not be a means to accumulate BTC
you should not be planning on building your BTC wealth based on trading

Because that almost feels like an attack on me..
I have invested massive amounts of time and effort into doing exactly that, and I found a way to make it work, and yes I'm damn proud of what I have been able to accomplish, and you say that it's "Not a way" and something that "Should not be done"..
You are wrong..

Instead of putting in hundreds of hours playing stupid videogames like most NPC normies, I put basically that same effort into playing on exchanges..
Very wise choice IMO VS completely wasting all that time getting points in some stupid game, I accumulated satoshis instead..

If anything YOU are hostile at me for not just buying bitcoin and making my way via alternative means that do not fit your narrative..
Your way is not the only way.. Sorry..

You have to accept the fact that it CAN be done, unless you want to call me a liar..

dumb-ass fuck

 

[alevlaslo]

https://bitcointalk.org/index.php?topic=5060756.msg53813282#msg53813282

[AlcoHoDL]

I got the idea for this graph in Investing 1$ every day in bitcoin over the last five years, but the graph I created doesn't only include the last 5 years until today. It includes every consecutive period of 5 years in which Bitcoin had a dollar value, until yesterday.

I don't know if anyone ever made a graph like this before, but I think it adds a nice perspective.

Results:

Data source: https://coinmetrics.io/newdata/btc.csv
Note: I had to use a logarithmic scale to make the graph readable.

Details:
The first 5 year period starts on July 18, 2010, when Bitcoin is valued at $0.08584. On this day, $1 buys 11.64958062BTC.
After spending $1 on Bitcoin every day for 5 years (I used 1826 days), it's July 17 2015.
July 17, 2015 is the very first data point in the graph: the most left red and blue dots.
The last data point (the most right red and blue dots) represent the investment period that ended on February 9, 2020, and started 5 years before that date.

The obvious
Early adopters had the best bet. Nothing new here!
Investing a total of $1826 in Bitcoin, for 5 years, with a dollar per day, would have gotten you $10,000 or more at the end of your 5 years, no matter when you started!
The amount of Bitcoin you can buy using "dollar cost averaging" for 5 years in a row has continuously been declining. No exceptions!
The dollar equivalent seems to have touched a bottom at $10,000.

Investment advice
I don't do that! This graph is based on historic data, if I'd know the future, I'd be rich!

Excellent! Just excellent! That's some fine data analysis you've done there LoyceV, clearly visualizing what most of us hardcore Bitcoin HoDLers knew all along. You've put it up there, all nicely drawn and crystal-clear, for us to rub to all naysayers' faces. Puts things in perspective when it comes to investing in Bitcoin and how risky (or not) it really is.

I challenge anyone reading this, to give me a different (non-BTC) investment plan which would give a minimum of almost 450% gain by investing $1 daily for 5 years, regardless of when you started. Not 10%, not 50%, but 450%!

But the big prize goes, not to investors, but to HoDLers! Imagine how wealthy one would be if he/she had invested $1 daily in Bitcoin from 2010 to 2015, and then HeDL his/her stash until today! Assuming the maximum (far-left) point in the blue graph is around 2000 BTC, that lucky smart individual would now have around $20,000,000 ($20M)! * That's a whopping 1,095,190% gain, from a meager $1826! *

* To all HoDLers: in case you haven't realised, this ( ^^^ ) is YOU and ME in a few years' time!

[realr0ach]

How is 676BC - 2025AD an "ascending age" when the entire rise and fall of Rome happened in that period and then a dark ages.  That sure doesn't sound like a single, homogeneous age to me.  The only way you can form anything coherent out of that is if you claim Roman bureaucrats founded the Catholic church to try and subvert and rule over populations and that dynasty is somehow still continuing to this day.  But that's obviously not the case when parasitic, evil cult of Judaism members and their central banks have usurped most power structures years ago.