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

[sirazimuth]

I remember some of you guys used to grin a lot... How's your sh!tcoin doing?


18 Months In, Few People Use, Mine or Buy Privacy Coin Grin

https://www.coindesk.com/18-months-few-people-use-mine-buy-privacy-coin-cryptocurrency-grin

Give it another year.

Ha! Been mining that shit grin straight to an exchange ever since it launched.
Then like once a month I log in and dump it all for bitcoin,
(Still don’t have a clue how to send or receive it, (grin) but who cares)
which keeps my hot wallet stocked with (accumulating) bitcoin dust.
One way to indirectly “mine” bitcoin with video cards I suppose.

[1714762245]

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[1714762245]

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[1714762245]

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[bitebits]

[Biodom]

I remember some of you guys used to grin a lot... How's your sh!tcoin doing?


18 Months In, Few People Use, Mine or Buy Privacy Coin Grin

https://www.coindesk.com/18-months-few-people-use-mine-buy-privacy-coin-cryptocurrency-grin

Give it another year.

Ha! Been mining that shit straight to an exchange ever since it launched.
Then like once a month I log in and dump it all for bitcoin.
(Still don’t have a clue how to send or receive it, but who cares)
It keeps my hot wallet stocked with some (accumulating) bitcoin dust.
One way to indirectly “mine” bitcoin with video cards I suppose.

Talking about video cards...someone mistakenly (I think) posted MSI 1080 ti Gaming X (open box) at $45.88 plus shipping on ebay...30 were already sold in one day (today).
Either scam or a mistake, there is no way he will send them out for this price...lol. I didn't bother to buy since it is all going to be refunded at best or lost at the worst.

[VB1001]

Good morning WO,s starting the day with strength, without looking back, with a different perspective but with optimism.

[Raytheon]

I remember some of you guys used to grin a lot... How's your sh!tcoin doing?


18 Months In, Few People Use, Mine or Buy Privacy Coin Grin

https://www.coindesk.com/18-months-few-people-use-mine-buy-privacy-coin-cryptocurrency-grin

I think that there were some people in this forum who were promoting grin or maybe it was mimblewimble or beam.... I am not sure about what the difference is between those three and they seem to be related somehow...

Does not seem to be a good thing to be promoting those other projects.

Even the forum promoted Grin by accepting it as a payment method for Copper Member:

Available paid memberships:

Copper - 0.00261905 BTC: Allows you to post images even if you are a newbie, reduces the time-between-actions limit, and provides some of the same benefits as being of natural Member rank.
Pay to the Bitcoin address 384oazPjyXB3i2xmY5zyHyuGfdGCPsVL49. Once your transaction has 1 confirmation, revisit this page and then use the form which will appear in order to wear your new membership. Your transaction will not be accepted until it has 1 confirmation. Bitcoin network fees and exchange/wallet withdrawal fees will not count toward your payment.

We are commonly asked how we know that you sent a payment. The address above was newly generated just for you, so when any BTC is sent to it, we will know to credit it to your account. It is all automatic.

You can also pay via grin.

As far as I know, Grin and Beam are two of the first coins using mimblewimble. It's a cool protocol which focuses on privacy and scalability. Litecoin is expected to adapt mimblewimble on September. Aside from being an altcoin, I don't find any reason to be against Grin or mimblewimble in particular.

[LUCKMCFLY]

Bitcoin Forms Elusive Golden Cross Pattern as Economic Models Forecast Fresh Highs

This elusive pattern was formed between its 50-day and 200-day moving averages and elucidates that the crypto’s macro market structure is incredibly strong.

Source: https://www.newsbtc.com/2020/05/20/bitcoin-forms-golden-cross-pattern/

This is just a model, the one that is most accepted is the S2F that predicts that in some time not so far away, Bitcoin can reach $ 300k

[JayJuanGee]

Good morning WO,s starting the day with strength, without looking back, with a different perspective but with optimism.

harder to want to actively participate or even to cheer for UP if you either 1) have no coins or 2) almost no coins or 3) you are feeling insufficiently prepared for up...

Doesn't seem to be a healthy place if you are hoping for either down or sideways.. unless you might get lucky, and I suppose that your odds are not exactly lopsided.... I would imagine passage of time just results in cashflow DCA back into a position, but still takes a while to establish a position.. took me a year.. and if you don't have a lump sum ready it could take 5 years or more, no?  I suppose that is the perspective... just slowly DCA back in, no matter if the price is up, down or sideways.

[JayJuanGee]

I remember some of you guys used to grin a lot... How's your sh!tcoin doing?


18 Months In, Few People Use, Mine or Buy Privacy Coin Grin

https://www.coindesk.com/18-months-few-people-use-mine-buy-privacy-coin-cryptocurrency-grin

I think that there were some people in this forum who were promoting grin or maybe it was mimblewimble or beam.... I am not sure about what the difference is between those three and they seem to be related somehow...

Does not seem to be a good thing to be promoting those other projects.

Even the forum promoted Grin by accepting it as a payment method for Copper Member:

Available paid memberships:

Copper - 0.00261905 BTC: Allows you to post images even if you are a newbie, reduces the time-between-actions limit, and provides some of the same benefits as being of natural Member rank.
Pay to the Bitcoin address 384oazPjyXB3i2xmY5zyHyuGfdGCPsVL49. Once your transaction has 1 confirmation, revisit this page and then use the form which will appear in order to wear your new membership. Your transaction will not be accepted until it has 1 confirmation. Bitcoin network fees and exchange/wallet withdrawal fees will not count toward your payment.

We are commonly asked how we know that you sent a payment. The address above was newly generated just for you, so when any BTC is sent to it, we will know to credit it to your account. It is all automatic.

You can also pay via grin.

As far as I know, Grin and Beam are two of the first coins using mimblewimble. It's a cool protocol which focuses on privacy and scalability. Litecoin is expected to adapt mimblewimble on September. Aside from being an altcoin, I don't find any reason to be against Grin or mimblewimble in particular.

I think that in this thread many of us are against bringing up various altcoins, unless there is some kind of specific reason to attempt to help explain BTC price movements or to bash them.. so sure there might be some altcoins that are worthy of NOT being bashed but it is NOT a good habit in this thread to allow such slippery slope of bringing up any altcoins because where are you going to stop exactly?  more than 2,000 coins and mostly all shit, and we have enough to talk about either in regard to bitcoin, the virus or some other nonsense than to devolve into talking about various shitcoins, even if they might happen to off chance have some plausible (but not likely) merit.   

[Room101]

Bitcoin Forms Elusive Golden Cross Pattern as Economic Models Forecast Fresh Highs

This elusive pattern was formed between its 50-day and 200-day moving averages and elucidates that the crypto’s macro market structure is incredibly strong.

Source: https://www.newsbtc.com/2020/05/20/bitcoin-forms-golden-cross-pattern/

This is just a model, the one that is most accepted is the S2F that predicts that in some time not so far away, Bitcoin can reach $ 300k

looking at that chart, can't I see a similar "Elusive Golden Cross" a few months ago? Immediately afterwards bitcoin fell of a fucking cliff.

[Biodom]

Bitcoin Forms Elusive Golden Cross Pattern as Economic Models Forecast Fresh Highs

This elusive pattern was formed between its 50-day and 200-day moving averages and elucidates that the crypto’s macro market structure is incredibly strong.

Source: https://www.newsbtc.com/2020/05/20/bitcoin-forms-golden-cross-pattern/

This is just a model, the one that is most accepted is the S2F that predicts that in some time not so far away, Bitcoin can reach $ 300k

looking at that chart, can't I see a similar "Elusive Golden Cross" a few months ago? Immediately afterwards bitcoin fell of a fucking cliff.

yea, because TA cannot predict a real life events, like the virus.
Dinosaur "dominance" TA probably looked great looking forward for millions of years if not for a pesky asteroid.

Talking about dominance, I finally figured out what bothers me in alts: the fact that they confuse the heck out of everyone not involved in bitcoin, which results in altcoin chasing, etc.
When a solid chunk of humanity is exposed to bitcoin, say 10-20%, THEN I would be more OK with the experimentation.
Bringing those 700-1bil people onboard is hard enough without them exploring cheap alts and getting busted/frustrated and dropping out.
Of course, exchanges are promoting this to no end as they are making money in all those sloshing alts.
The adopting process is also slow as heck. Where is the famous hockey stick?

[VB1001]

At this moment I only have one alternative, very repeated in your posts, "I will assign a minimum weekly amount" so as not to miss the train.
It is the first time since I bought Bitcoin that I have been forced to sell.
I feel a little strange, a btc bull without btc , I hope it does not affect me mentally and continue to share the good and bad moments in WO, I do not like the idea of ​​getting away from here.

Thx, for your comments.

[Biodom]

At this moment I only have one alternative, very repeated in your posts, "I will assign a minimum weekly amount" so as not to miss the train.
It is the first time since I bought Bitcoin that I have been forced to sell.
I feel a little strange, a btc bull without btc , I hope it does not affect me mentally and continue to share the good and bad moments in WO, I do not like the idea of ​​getting away from here.

Thx, you for your comments.

Wow, sorry to hear this, kind of drastic, but, bro, any amount of btc is good as long as your mind is on a right track as a bitcoiner.

[marcus_of_augustus]

...
Bringing those 700-1bil people onboard is hard enough without them exploring cheap alts and getting busted/frustrated and dropping out.
Of course, exchanges are promoting this to no end as they are making money in all those sloshing alts.
The adopting process is also slow as heck. Where is the famous hockey stick?

...'adoption' in a monetary good supposedly means that the people holding the majority of existing/legacy monetary goods adopts the new monetary good ... NOT that the majority of people adopt the new monetary good. Small but subtle distinction. With the extremes of wealth inequality we are living with in today's societies it means that only relatively few people/holders need to adopt the new monetary good, bitcoin in this case, to achieve 'adoption'. Most of today's fiat wealth is held by less than 0.1% of the population, getting large percentages of the population to adopt bitcoin, while idealistic, fantastical and awesome if it happened, would not cause bitcoin to be come 'widely adopted'.  Bitcoin adoption doesn't need 700m-1 bill people, just a few thousand from a select group.

tl;dr Bitcoin adoption necessarily should be measured in numbers of dollars/euros/yen/fiat/wealth adopted not numbers of people.

[Cryptotourist]

Hey friend, why are greece government officials reopening your nation for tourism and are advertising that to germans? 

As you said bud, the Greek government officials are re-opening the nation borders, too bad roughly 75% of the country's hotels will stay closed for this season.
Small year round hotels, villas and apartments, will open gradually, from ... <wait for it> ... July.
Large resorts will also stay closed, with minor exceptions (Grecotel), and again, not the full Monty.

To give you some more perspective, a guy I know who has (5) various stars hotels, will not open the new 5 star resort (build last year), nor any of the big ones, but only the smallest one of them all.

EU is opening inner borders for tourism by june or depending on nation already did.

If you see a tourist in June, please let me know.
Who cares about the boarders, when there are no charters.


My main income is from tourism bud, so I'm directly affected.
Do you think I get pleasure lacking income this year?

In fact I was from the few back in March, that suggested that everything would be alright by June.
So far, it hasn't aged well.

[OutOfMemory]

At this moment I only have one alternative, very repeated in your posts, "I will assign a minimum weekly amount" so as not to miss the train.
It is the first time since I bought Bitcoin that I have been forced to sell.
I feel a little strange, a btc bull without btc , I hope it does not affect me mentally and continue to share the good and bad moments in WO, I do not like the idea of ​​getting away from here.

Thx, for your comments.

WAaaaaa!!!
WTF happened 

[Cryptotourist]

I remember some of you guys used to grin a lot... How's your sh!tcoin doing?


18 Months In, Few People Use, Mine or Buy Privacy Coin Grin

https://www.coindesk.com/18-months-few-people-use-mine-buy-privacy-coin-cryptocurrency-grin

As always - under the water - until it isn't.

[Cryptotourist]

So sorry VB.

[JSRAW]

WAaaaaa!!!
WTF happened 

https://bitcointalk.org/index.php?topic=178336.msg54458717#msg54458717

[VB1001]

Wow, sorry to hear this, kind of drastic, but, bro, any amount of btc is good as long as your mind is on a right track as a bitcoiner.

WAaaaaa!!!
WTF happened  

So sorry VB.

Correct, a drastic measure, but of an indirect unforeseen, not generated by me.
These are strange and difficult times for everyone including family and friends.
I am sure many of you would have acted the same.

[random_australian]

Wow, sorry to hear this, kind of drastic, but, bro, any amount of btc is good as long as your mind is on a right track as a bitcoiner.

WAaaaaa!!!
WTF happened  

So sorry VB.

Correct, a drastic measure, but of an indirect unforeseen, not generated by me.
These are strange and difficult times for everyone including family and friends.
I am sure many of you would have acted the same.

That sucks man, but you gotta do what you gotta do. The fact that you had been investing in bitcoin and it was able to help out on a rainy day is a credit to your forethought.