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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330612 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 1 users with 9 merit deleted.)
JimboToronto
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June 13, 2020, 12:24:43 AM
Last edit: June 13, 2020, 12:50:19 AM by JimboToronto
Merited by AlcoHoDL (1)

SSDs were probably the biggest performance boost in the last 10 years, spinning drives just suck.

Amen. I was aware early how much of a performance bottleneck storage was.

Remember the Gigabyte iRAM PCI card (https://en.wikipedia.org/wiki/I-RAM) proto-SSD? It was a little too pricey and way too small for me. Also it was VRAM.

At that time I dreamed of flash memory fast enough, capacious enough and cheap enough to boot from but it wasn't until a couple of years later that I got my first Memoright (https://en.wikipedia.org/wiki/Memoright) 32GB SLC IDE (PATA) SSD. WinXP booted up really fast.

By the time IBM and OCZ bought out their first consumer/retail SSDs, I was an old hand, an avid poster on the OCX SSD forums and hanging off every new advance in wear-leveling, controller parallelism and garbage collection.

My big breakthrough was acquiring 4 original 120GB Vertex SSDs to put in RAID-0. What a disappointment to run the benchmarks and find out the array had been bottlenecked by the southbridge. Bummer. I bought an expensive PCIe RAID card and after an agonizing driver ordeal, I finally booted from an array with gigabyte/sec sequential transfers and ludicrous (I forget the actual numbers now) 4k random reads and writes.

Then I moved up to OCZ PCIe Revo Drives 1, 2, and finally 3, which is in my i7-2600k system. That's all obsolete now, of course. My current laptop uses M2 NVMe.

Gotta move with the times.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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June 13, 2020, 01:23:14 AM
Merited by Torque (1), BobLawblaw (1)

This is an interesting wee tale.

https://decrypt.co/32145/hackers-blackmail-exchange-with-5-million-of-ethereum-fees-report?utm_source=reddit&utm_medium=social&utm_campaign=sm

The theory is that hackers have control of an exchange's coins but can only move them to whitelisted addresses they don't control. They're putting humongous fees on top and demanding payoffs from the exchange to stop it.

Why is it ALWAYS ETH where the sketchiest shit happens?
Because ETH is just a huge convoluted pulsating attack surface.
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June 13, 2020, 02:33:32 AM
Merited by Icygreen (1)

Rome had over a million people near the end. A year later it was down to 40k.

This is just the beginning. It will get much worse.

Civilisation.exe is not responding, would you like to end this process?
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June 13, 2020, 02:44:57 AM

Important Clarifications by PlanB

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S2FX misunderstandings:
1) Phase5 not defined. Phase5 ~ S2F55-60 & $100-900K
2) S2FX not falsifiable. Falsified if phase5 or other scarce assets (diamonds/homes) are not ~on S2FX line
3) Altcoins,palladium,platinum are left out. No, they are not scarce: S2F<1, no PoW/hash/liq/etc





Source: https://twitter.com/100trillionUSD/status/1271555833130815488
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June 13, 2020, 03:03:42 AM

Important Clarifications by PlanB

Quote
S2FX misunderstandings:
1) Phase5 not defined. Phase5 ~ S2F55-60 & $100-900K
2) S2FX not falsifiable. Falsified if phase5 or other scarce assets (diamonds/homes) are not ~on S2FX line
3) Altcoins,palladium,platinum are left out. No, they are not scarce: S2F<1, no PoW/hash/liq/etc





Source: https://twitter.com/100trillionUSD/status/1271555833130815488

Honestly, as much as I like planB, I am much more eager to see how S2F plays out first, forget about that wicked S2FX for a while.
First things first.
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June 13, 2020, 03:15:31 AM
Last edit: June 13, 2020, 03:39:39 AM by JayJuanGee
Merited by infofront (1), BobLawblaw (1)

Bawb = next Masterluc ?  Cool


I'm too lazy to look for proof but you can browse his recent post history..  Grin

How recent? I looked and it seems Bawb is mostly into observing things, not making any calls.

It could reasonably be argued that Masterluc is also just spouting out a bunch of nonsense, and probably Bawb has tended to be correct more often than Masterluc, even when bawb might not have even been trying... as long as sorcerer powers do not go to Bawb's head, we might be able to find some sorcerer predicting qualities in the way that he is describing his gut bacteria or whether the plates are bouncing or sticking or whether any digits have been stuck in his orifices or the orifices of his acquaintances or if he drove his porsche into a horse while shooting coyotes from the back seat.

Once bawb starts trying to actually predict or engage in reverse psychology to manipulate king daddy, then we might have to either bring in trump, the black lives matters folks and/or the WHO in order to demote his ass from sorcerer status.

Well this is hilarious I must admit but what I actually meant was his resemblance to Masterluc during his years of bloom when his predictions were mostly correct.  Grin  

I would think that we would not really want to seriously proclaim any member is a sorcerer in this thread, even though hairy has probably come decently close with such label, and I would hope that we even take his proclamations with a decently large grain of salt.. reliance on plan B has a certain amount of credibility, too, but I doubt that many members are taking those plan B proclamations hook, line and sinker, but instead merely using them as guides for critical thinking.

It seems my rendition of ascribing joke sorcery status is much better than actually giving much weight to any of it... but hey do what you want.  If you want to ascribe bob or anyone other member here to sorcerery status, then go ahead, and that is your choice... and likely to get some raised eyebrows.  

The more likely that anyone tries to treat any member or even the ideas of bitcoin theorists (quants) with serious sorcery status is likely to get a decent amount of groaning from me, and I think that there are a decent number of other members who would rather ascribe relatively high skepticism for anyone either self proclaiming or seriously being treated by other members as a having some kind of sorcerer status..  

[edited  out]

I'll leave that to the liposuction clinic that will go broke on the billion dollar bills caused by the future costs of my waste body fat disposal Grin

If pandemic, supply line issues, and riots continue, then you might be competing with whale blubber sales to light our lanterns.  Wink
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June 13, 2020, 04:42:20 AM
Merited by JayJuanGee (1)

Bitcoin & Euro — a story of price discovery

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Based on the market data that we dumped from Binance, Bitstamp, Coinbase and Kraken for the first week of June 2020, there is a clear leader that offers the deepest BTC/EUR liquidity. However, there are some details that should be considered when choosing a suitable trading venue.

https://medium.com/@finerytech/bitcoin-euro-the-best-place-to-buy-and-sell-84858092caa4

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June 13, 2020, 04:50:35 AM
Last edit: June 13, 2020, 05:11:36 AM by OutOfMemory

Good afternoon Bitcoinland.

Still bouncing in the mid-$9xxx range... currently $9479USD/$12866CAD (Bitcoinaverage).

Definitely boring.

I remember at that time it was just about cost. Everybody wanted Intel, but many couldn't afford it, so AMD became popular as a "poor man's CPU". You'd get comparable performance at a lower cost.

I was going through a bankruptcy when I needed to update my old Pentium 100MHz Win95 machine with 8MB EDO memory.

I bought the cheapest socket-7 mobo that supported  both EDO and SDRAM since I couldn't afford to upgrade everything at once. so I started with the mainboard. I bought a brand spanking new Shuttle HOT-591P Super-7 mobo (https://www.anandtech.com/show/134) with all the latest connectivity, even a newfangled AGP slot. It was a fraction of the price of anything comparable.

Next came the SDRAM (a whopping 32MB!) and then eventually a shiny new 400MHz AMD K6-2. I was in heaven. My new machine screamed.
Gradually I increased the amount of RAM to the maximum the VIA MVP3 chipset would support... 256MB.

One day a friend came over and angrily asked why my el cheapo AMD K6-2/400 was so much faster than his brand new expensive PentiumIII/600. I asked him how much memory he had. Seems he had the 64MB it came with. Nothing like undue pagefiling to slow a system down.

Years later I went through the same thing with SSDs. People were spending money upgrading their CPUs when they weren't what was bottlenecking their systems.

I'm still using my ancient Core i-7 2600k system until it doesn't do what I need. After that it's Ryzen all the way.

Ahh, these times... Sweet memories  Grin
I still also use the i7 2800k in my desktop system, no real need to upgrade though primary uses are a few 3d games and audio production.
No regret in switching to Ryzen on the notebook, where my main concern is ventilation (no bottom vents at best - sadly a feature of the past, if it's not built by apple).
Recently settled with a Zenbook UM-431, which sucks most of the air through the back. A fair compromise. Not running at too high system temperatures when left on a pillow, playing youtube videos for hours...


Rome had over a million people near the end. A year later it was down to 40k.

This is just the beginning. It will get much worse.

Civilisation.exe is not responding, would you like to end this process?

I'd rather have Visual Studio installed for the "debug" option  Wink

[edited  out]

I'll leave that to the liposuction clinic that will go broke on the billion dollar bills caused by the future costs of my waste body fat disposal Grin

If pandemic, supply line issues, and riots continue, then you might be competing with whale blubber sales to light our lanterns.  Wink

 Cheesy Cheesy Cheesy
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June 13, 2020, 05:39:06 AM


https://imgur.com/VoeFyJ3
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June 13, 2020, 06:23:56 AM

https://cointelegraph.com/news/craig-wright-apparently-just-admitted-to-hacking-mt-gox

new headlines in the never ending mt.gox story Grin
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June 13, 2020, 06:54:48 AM

https://thehill.com/opinion/finance/502506-federal-reserve-holds-power-beyond-what-we-can-imagine

Some of these cultist clowns think money printing is a magical super power.  Roll Eyes

This bull run the King is taking us to prices they can't imagine either.
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June 13, 2020, 07:30:54 AM

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June 13, 2020, 07:52:38 AM

https://thehill.com/opinion/finance/502506-federal-reserve-holds-power-beyond-what-we-can-imagine

Some of these cultist clowns think money printing is a magical super power.  Roll Eyes

This bull run the King is taking us to prices they can't imagine either.
Andreas Antonopoulos, Roger Ver. They all look so young. Cheesy

They added another one:
https://www.youtube.com/watch?v=yz8ymvqUMrU

But it is an oldie from 2015 - BTCitcoin: The end of money as we know it. Undecided
https://www.imdb.com/title/tt4654844

But still a fun watch if you are craving for more cryptocurrency content. Grin
https://bitcointalk.org/index.php?topic=5250855
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June 13, 2020, 08:02:23 AM
Merited by mindrust (1)

In lockdown. Jobless during Covid-19.
Sold my all bitcoin for food, shelter.
Can't predict anything right now  Cry  Cry
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June 13, 2020, 08:15:43 AM
Merited by OutOfMemory (1)

In lockdown. Jobless during Covid-19.
Sold my all bitcoin for food, shelter.
Can't predict anything right now  Cry  Cry

That sucks dude but look at it this way; at least you had the BTC to sell to cover your ass for now. Hope all the best for you Smiley
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June 13, 2020, 09:04:58 AM

In lockdown. Jobless during Covid-19.
Sold my all bitcoin for food, shelter.
Can't predict anything right now  Cry  Cry
You not alone in this case as we have very long list of Lockdowned and Jobless few are smart like you as they can sell Bitcoin for living others have to wait for aid.
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June 13, 2020, 09:47:37 AM
Merited by Jonyshake71 (1)

In lockdown. Jobless during Covid-19.
Sold my all bitcoin for food, shelter.
Can't predict anything right now  Cry  Cry

That sucks dude but look at it this way; at least you had the BTC to sell to cover your ass for now. Hope all the best for you Smiley

What to do with btc, if i die for food? No use of it. Bitcoin is important but not more than anyone life.
But i wonder! There are some person, who give importance holding bitcoin even more than their life,,, which is madness & Ridiculous
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June 13, 2020, 09:51:35 AM

https://thehill.com/opinion/finance/502506-federal-reserve-holds-power-beyond-what-we-can-imagine

Some of these cultist clowns think money printing is a magical super power.  Roll Eyes

This bull run the King is taking us to prices they can't imagine either.

... until all that fake trust into USD erodes.
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June 13, 2020, 10:10:26 AM
Last edit: June 13, 2020, 11:08:38 AM by Leviathan.007

BTC/USDT 4H


As you can see on the picture above, the downward movement can be seen in Ichimoku and we are also waiting for the price fall. The recent tend-line was broken and in order to change the trend and continue the ascending movement, the trend line should break upward and break the 9680-9700 strong resistance area(It requires very heavy support). This resistance is very important because it is also common point of our 50 day moving, Ichi and Fibo, which all play the role of resistance. After breaking this important resistance area, we can once again see the price touching 10,000 usd. But, in the case of not having enough support, our first scenario, which is shown in the picture above, will happen

I just made an analysis a few minutes ago. Here is the quote to share here with you.
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what is this "brake pedal" you speak of?


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June 13, 2020, 10:29:41 AM

SSDs were probably the biggest performance boost in the last 10 years, spinning drives just suck.

Amen. I was aware early how much of a performance bottleneck storage was.


yeah SSDs are to throughput as 3d graphics accelerators were to video games.

back in the day my brother in law bought a voodoo card for quake and i though he was nuts paying that much money for a video card, especially one that needed a primary card for regular desktop stuff. until i saw it. the next day i drove almost 100 miles (one way) and then i too had a voodoo card. just for glquake.

only other thing that saw that much improvement in a PC was when i got the original sound blaster. the original had a built in  4 watt (2w x 2) amp and rotary volume control on the bracket to drive regular, unpowered speakers directly.

ahhh wing commander and mechwarrior on an IBM AT with memory expansion cards.
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