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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368292 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. (174 posts by 3 users with 9 merit deleted.)
El duderino_
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BTC + Crossfit, living life.


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August 30, 2020, 09:01:55 PM
Merited by JayJuanGee (1)

@lightfoot, do understand a lot of them on that list, (whole forgotten about some of the real tards on that list)  Grin

Then again I can’t understand some users.... quoting someone’s post to then tell everyone that the guy is on the ignore list

But why Always putting them on unignore .... flipping daily from ignore to unignore... = unhealthy, some guys please make up your mind  Roll Eyes

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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friends1980
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August 30, 2020, 09:06:59 PM

Another important question: why do I feel as if I'm in the Ivory Tower?

Quality of discussion today has been terrific. We're allowed to veer off topic roughly speaking if there's consensus on the new topic.

Seems to me that friends1980 has been diverted from his original mission in this here thread, which was supposed to be reading the whole thread and reporting his various findings back to us on a periodic basis.

Get back to your duties, friends1980!!!!!!!    Angry Angry Angry Angry    Tongue Tongue

Got me Cheesy but eerrrm, looks like you don't read everything either, since I posted about my "mission" weeks ago already Wink

I got off to eat something about 2 hours ago, and now that I'm back, about 22 posts were added already. How the hell am I supposed to read the whole thing? Can we start a fund to provide my financial support during my reading of the complete WO? (and by the way, there was an even older WO before this one, if I'm not mistaken, so make that 2 funds)
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August 30, 2020, 09:29:35 PM
Merited by Globb0 (2), nutildah (1)



+1 WOsMerit


-----



+1 WOsMerit    Grin
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August 30, 2020, 09:48:29 PM


Can we start a fund to provide my financial support during my reading of the complete WO? (and by the way, there was an even older WO before this one, if I'm not mistaken, so make that 2 funds)

The old WO was only 1189 pages, so you should be able to read that during your lunchtime.

https://bitcointalk.org/index.php?topic=85687.0
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August 30, 2020, 10:01:20 PM


Can we start a fund to provide my financial support during my reading of the complete WO? (and by the way, there was an even older WO before this one, if I'm not mistaken, so make that 2 funds)

The old WO was only 1189 pages, so you should be able to read that during your lunchtime.

https://bitcointalk.org/index.php?topic=85687.0

Not to mention thousands of pages of deleted posts...
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August 30, 2020, 10:08:29 PM
Merited by JayJuanGee (1), BobLawblaw (1)

Bitcoin Will Break Out This Year, Says Devere CEO

https://news.bitcoin.com/bitcoin-breakout/?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+BitcoinBoltFeed+%28Bitcoin+Bolt%29
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August 30, 2020, 10:19:30 PM
Merited by vapourminer (1), JayJuanGee (1)


Can we start a fund to provide my financial support during my reading of the complete WO? (and by the way, there was an even older WO before this one, if I'm not mistaken, so make that 2 funds)

The old WO was only 1189 pages, so you should be able to read that during your lunchtime.

https://bitcointalk.org/index.php?topic=85687.0

Not to mention thousands of pages of deleted posts...

And there's also the WO forks that appeared when we had to vote for someone to take over this thread.

https://bitcointalk.org/index.php?topic=1993010

https://bitcointalk.org/index.php?topic=1991115.0

https://bitcointalk.org/index.php?topic=1992753.0

https://bitcointalk.org/index.php?topic=1993741.0
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August 30, 2020, 10:54:42 PM

$12K this Week? We are going slowly up.
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August 30, 2020, 11:03:23 PM
Last edit: August 31, 2020, 08:55:43 AM by BobLawblaw
Merited by lightfoot (2)

if you have balls enough let us play a little game.  Cool
...

I'll play, for what it's worth.

Can't remember why I placed Dabs on my ignore list. Was likely done while in a "rage state", and removed him, but, well... here.

A bit surprised to see I made lightfoot's list, but hey, people gotta do what they gotta do. Don't have any issues with the fellow at all.

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August 30, 2020, 11:16:13 PM


We only have 43 minutes & 47 seconds for the weekly candle to close, and it appears slightly inclined towards closing greenie....

A close above $11,655 will be green...

Of course, we are above $11,655, as I type.. just observing $11,705 as I am clicking on the "post" button.
explorer
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August 30, 2020, 11:19:38 PM

observing 11700...
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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August 30, 2020, 11:20:21 PM

observing 11700...

#metoo
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August 30, 2020, 11:22:23 PM

Quote
Mining cryptocurrency requires a lot of electricity to power computers, while a valuable commodity is wasted, and carbon emissions are created when we flare. By connecting these inverse pains, we can satisfy both needs with no cost to market expense.

besides the fact that this will make bitcoin hash power grow even stronger, it will also make the case against the "bitcoin-uses-too-much-energy" critique.

Good point. At 150 billion cubic metres flared annually, the energy wasted is around 1% of global primary energy supply (or assuming 2/3 conversion loss, 2% of electricity production).
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August 30, 2020, 11:31:04 PM
Merited by Toxic2040 (1)

Can't remember why I placed Dabs on my ignore list. Was likely done while in a "rage state", and removed him, but, well... here.

Thanks.

I don't like being ignored. Smiley

I also don't have anything in my ignore list, likely because I had to see every post before when I used to be mod, and if I needed to actually ignore someone, I could just skip whatever they posted. Or read it anyway, then don't respond.
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August 30, 2020, 11:31:49 PM



#methree

Go Bitcoin Go!
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August 30, 2020, 11:34:39 PM

Can't remember why I placed Dabs on my ignore list. Was likely done while in a "rage state", and removed him, but, well... here.

Thanks.

I don't like being ignored. Smiley

I also don't have anything in my ignore list, likely because I had to see every post before when I used to be mod, and if I needed to actually ignore someone, I could just skip whatever they posted. Or read it anyway, then don't respond.


Mmm.  Ignore List.

Dabs and Peter R kindly helped me a lot when I was (even more of) a beginner than now on a couple of topics of interest to me back in the day.  Those two would be on my "Merit List" were that to exist.

I don't have anyone on Ignore, erm, 'cause I might learn something.
JayJuanGee
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August 31, 2020, 12:06:00 AM


We only have 43 minutes & 47 seconds for the weekly candle to close, and it appears slightly inclined towards closing greenie....

A close above $11,655 will be green...

Of course, we are above $11,655, as I type.. just observing $11,705 as I am clicking on the "post" button.


Green, confirmed.

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I fix broken miners. And make holes in teeth :-)


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August 31, 2020, 12:25:44 AM
Merited by BobLawblaw (1)

A bit to see surprised I made lightfoot's list, but hey, people gotta do what they gotta do. Don't have any issues with the fellow at all.
Not at all Bob. I think there was a time you were flaming a bit and I tossed you on to quiet stuff down. Lately when you post I just read it (like now), I'll update. :-)

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August 31, 2020, 01:21:26 AM
Merited by Last of the V8s (1)

the weekly wall report

Bitcoin posted a solid day closing the weekly candle at $11,708.97 on declining volumes. Tomorrow is the close of the monthly candle and will bring further clarity as what lies ahead.  #dyor

The daily candle almost closed as marubozu though perhaps not as it has a small wick at the bottom. I consider it close as we finished the day at the top of the trading range. The technical definition is a candle that trades strongly in one direction and closes at its high or low range for the session in case any of you are wondering.

Bears eat crow
D


As for the weekly candle..there is much to unpack here so bear with me. Bitcoin finished the week in the green with a strong push above $11.65k resistance opening the door for further upwards movement. Obviously of the three possible ways we can go here..I think two are more probable...up or down. Sideways consolidation has been the theme for the last 4 weeks or so and I believe we are about to breakout of the range we have been currently trading in...basically $11k to $12k. The strong global demand for bitcoin as a store of value seems to be increasing as the shock wave of the Covid-19 pandemic and social unrest promulgate around the world. That is one part of the equation.
The second part is of course the miners. Will they hodl? Can they continue to hodl? I am not sure tbh. The two scenarios I envision are this..
1.  In approximately 2 to 6 weeks...miners capitulate and we see some form or another of a V pattern. Price drops downwards toward the 0.5 long fib line at around $10.5k and we see more trading between $9.5k and $10.5k.  It could be even worse if hodlers panic over the US elections and we loose long fib support and perhaps drop down into the cloud and retest vegeta levels. Regardless I dont see $8k support being tested again unless sha-256 is broken.
2. The second scenario is much more pleasant..bitcoin spikes upwards over the next several weeks and does not look backwards until a new ATH. Perhaps not much even then. I think bulls should be targeting the $25k range as a new median price for corn. It has a nice psychological weight to it and imho would make a nice launch platform for the next leg upwards. All things worth considering.  

Honey badger bites eagle on the ass
W


More data available tomorrow of course but the monthly continues to look bullish. Carry on.
M

#stronghands
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what is this "brake pedal" you speak of?


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August 31, 2020, 01:22:23 AM

re: ignore list

a while back (years) when sig spamming got real bad someone (several people i think) published lists of everyone who was in a sig campaign in a format you could copy/paste into your ignore list. the lists were hundred of names long and i imported several, to the point where the forum gave me errors when importing.

as time went on i unignored some as their posts were usually useful (found when others quoted them for instance). but my list still has hundreds of names, many of whom probably are long gone from the forum. but my ignore list is stupid long to scroll through still. baddecker and ibian are about the only ones worth mentioning here.

oh and the various bsv trolls. jbreher gets a pass though.
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