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Question: 1/24 Closing Price:
<$32,000 - 10 (18.5%)
$32,000-$33,000 - 3 (5.6%)
$33,000-$34,000 - 2 (3.7%)
$34,000-$35,000 - 4 (7.4%)
$35,000-$36,000 - 6 (11.1%)
$36,000-$37,000 - 7 (13%)
$37,000-$38,000 - 3 (5.6%)
$38,000-$39,000 - 1 (1.9%)
$39,000-$40,000 - 4 (7.4%)
$40,000-$41,000 - 2 (3.7%)
$41,000-$42,000 - 0 (0%)
>$42,000 - 12 (22.2%)
Total Voters: 54

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25068400 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. (157 posts by 13 users deleted.)
jbreher
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July 13, 2020, 05:07:06 AM

jbreher likes to pump them up too, I wonder why that is?   Roll Eyes Roll Eyes  He might want to chime his picnic bear ass into the mix, as well.    Cheesy Cheesy Cheesy Cheesy

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

Kraken and Gemini

In what manner are Kraken or Gemini more decentralized than Coinbase?

Quote
Why do BSvers always try to redefine the definition of decentralization? Are there no arguments you can come up with that don't require redefining meaning of words?

What the fuck are you babbling about now? As you seem to be accusing me of redefining 'decentralization', perhaps you might be so kind as to provide me with your personal definition thereof.
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jbreher
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July 13, 2020, 05:11:47 AM

jbreher likes to pump them up too, I wonder why that is?   Roll Eyes Roll Eyes  He might want to chime his picnic bear ass into the mix, as well.    Cheesy Cheesy Cheesy Cheesy

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.
So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".

I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?

Also, I finally got around to filing my extortion papers for the IRS.

Getting married helped keep me from needing to pay any taxes.

Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.


BREAKING: Coinbase is selling blockchain analytics software to the US Secret Service

https://www.theblockcrypto.com/post/71261/coinbase-is-selling-blockchain-analytics-software-to-the-us-secret-service

Is that meant to buttress your accusation of not being decentralized? Or trusted third parties? Newsflash: exchanges are inherently centralized trusted third parties. They can be nothing but. Impossibru!
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July 13, 2020, 05:20:49 AM

Gotta say... Joey your starting to get annoying with this qe bs...

Thant reminds me... I was cleaning accumulated detritus out of a rental storage unit I'm vacating after several decades of use. I ran across these old bookshelf stereo speakers, and did a little double take.

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July 13, 2020, 05:33:06 AM
Merited by El duderino_ (2)

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

That's a steaming pile of horseshit if I ever saw one.

First of all, BTC's hash rate is about 60x bigger than that of BSV.

Second of all, BSV's hash rate is highly centralized among a small number of miners.





And I suppose you're going to say, "Oh, I'm talking about 'from a fundamental analysis'", and my response is "So am I."
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Bitcoin != exchange rate


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July 13, 2020, 06:33:06 AM
Merited by El duderino_ (5), LFC_Bitcoin (1), JSRAW (1)


https://twitter.com/ryandraycott/status/1282009373133484036
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Bitcoin != exchange rate


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July 13, 2020, 06:46:37 AM
Merited by El duderino_ (2), JayJuanGee (1)

https://btc.com/stats/diff

Halfway into the two weeks difficulty period. Next difficulty adjustment expected to be +6% and ATH. The Bitcoin network is in top notch conduction, bullish!


Next difficulty adjustment in 24 blocks. Expected +9.5% to 17.29T, which is an All Time High (previous ATH was 16.55T around the halving).

Bitcoin boring or bearish? Far from!
jbreher
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July 13, 2020, 07:05:56 AM

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

That's a steaming pile of horseshit if I ever saw one.

First of all, BTC's hash rate is about 60x bigger than that of BSV.

Second of all, BSV's hash rate is highly centralized among a small number of miners.

Such differences are not fundamental, and not due to any technical aspect of the coins/chains in question. They are merely differences in today's preferences of the market participants.

BSV is mineable by the same set of participants as is BTC.

And yes, collusion between three miners is sufficient to amass 51% hashpower on the BSV network today. While such collusion on the BTC network would require the astronomically higher number of four.   Roll Eyes
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July 13, 2020, 09:53:38 AM

Next difficulty adjustment in 24 blocks. Expected +9.5% to 17.29T, which is an All Time High (previous ATH was 16.55T around the halving).

Bitcoin boring or bearish? Far from!

Miner death spiral FUD, get in the bin!



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July 13, 2020, 10:17:16 AM

God damn, just get the fuck over 9300 without someone knocking you down straight after.
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July 13, 2020, 11:32:37 AM
Merited by El duderino_ (5), JayJuanGee (1)


https://twitter.com/alistairmilne/status/1282630594107781121?s=21
dre1982
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★Bitvest.io★ Play Plinko or Invest!


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July 13, 2020, 11:44:21 AM


I read the last months a lot about signals for a new ATH. Let's hope it will start soon (now I finally got some funds)
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July 13, 2020, 11:56:29 AM
Merited by LFC_Bitcoin (2), El duderino_ (2)

We have two ATH in bitcoin today!

Bitcoin is so much more than his price!
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July 13, 2020, 12:08:06 PM
Merited by JayJuanGee (1)


  • Block ATH@639072!

Bitcoin is so much more than his price!

Block ATH?
Doesn’t that happen like every 10 minutes or am I missing something?
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July 13, 2020, 12:08:16 PM


Mmmm, love that hopium.
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July 13, 2020, 12:12:02 PM


  • Block ATH@639072!

Bitcoin is so much more than his price!

Block ATH?
Doesn’t that happen like every 10 minutes or am I missing something?
Exactly!
Every mined block strengthen the network and the Bitcoin experiment.
I celebrate every new block as a proof of Bitcoin Resilency.
I don’t give anything for granted.
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July 13, 2020, 12:14:20 PM

That’s the spirit! Wink
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July 13, 2020, 12:18:01 PM
Merited by JayJuanGee (1)

To do a regression on bitcoin's long term trend, get rid of the manic price actions (the stuff in blue). Do a regression on the red data. You get the yellow line. Its equation is price = 10^(.09242*sqrt(d)-1.5011) where d is the days elapsed since September 11, 2010



 I project a brief top between $150k and $200k around late 2021, followed by a grinding bear market reverting eventually to the base trend.

Well, there are 4128 days between September 11 2010 and December 30 2021.
Putting this into formula gives the price of $27342 , nowhere close to 150-200K
Details:
sqrt of 4128 is about 64.25, multiplication by 0.09242 gives about 5.938, which after subtracting 1.5011 results in 4.43684, which is your exponent.
10^4.43684 is 27342

maybe, adjust the number you are subtracting?
Or, your order of operations is written incorrectly (multiplication precedes addition or subtraction)
https://en.wikipedia.org/wiki/Order_of_operations


I'm guessing that formula is a quantitative projection of the baseline, and the blowoff top number given (150k) is more of heuristic estimation according to historic baseline-peak ratios
You've got the idea.  This thread shows exactly how I arrived at the $150-200k quantitative projection of the next peak based on past quadrennial cycles, and includes some pretty pictures.
https://bitcointalk.org/index.php?topic=5198154.msg52962479#msg52962479
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July 13, 2020, 12:30:34 PM
Merited by El duderino_ (3), JayJuanGee (1)

Not sure if someone already shared this, but Hash Ribbons indicator just gave it's 12th buy signal in 10 years  Cool

Buy signal confirmed on Weekly chart!



Hash rate 7 day MA at new ATH  Cool


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July 13, 2020, 03:01:06 PM
Merited by JayJuanGee (1)

jbreher likes to pump them up too, I wonder why that is?   Roll Eyes Roll Eyes  He might want to chime his picnic bear ass into the mix, as well.    Cheesy Cheesy Cheesy Cheesy

He tends to support centralization and trusted third partys for some unknown reason.
Makes me wonder sometimes why he supports bitcoin?

Examples would be helpful in buttressing your claim.

You support Coinbase and BSV, do I really need to add anything more than that?

Yes, you do. Coinbase as opposed to what? Binance? BitFinex?

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

Kraken and Gemini

In what manner are Kraken or Gemini more decentralized than Coinbase?

Quote
Why do BSvers always try to redefine the definition of decentralization? Are there no arguments you can come up with that don't require redefining meaning of words?

What the fuck are you babbling about now? As you seem to be accusing me of redefining 'decentralization', perhaps you might be so kind as to provide me with your personal definition thereof.

Umm the decentralized part was referring to BTC vs your scamcoin, and not the exchanges. The exchanges were suggested as alternatives to Coinbase, seems like everyone got that part except for you. Are you not on top of your game cause your scam coin dropped bellow Cardano by market cap today? No worries, just hit up Ayre to pump it by 20% for old times sake
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July 13, 2020, 03:09:25 PM

BSV as opposed to what? BTC? From a fundamental analysis they are exactly as centralized as each other.

That's a steaming pile of horseshit if I ever saw one.

First of all, BTC's hash rate is about 60x bigger than that of BSV.

Second of all, BSV's hash rate is highly centralized among a small number of miners.

Such differences are not fundamental, and not due to any technical aspect of the coins/chains in question. They are merely differences in today's preferences of the market participants.

BSV is mineable by the same set of participants as is BTC.

And yes, collusion between three miners is sufficient to amass 51% hashpower on the BSV network today. While such collusion on the BTC network would require the astronomically higher number of four.   Roll Eyes

Is this when jbreher pulls up some exceptional definition of centralized, to school everyone on how by that one-off definition BTC is as centralized as BSv? Where we all know that he's full of it?
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