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

[serveria.com]

Getting closer to $19k... OMG we've been dreaming of this for how many 4 years? 

[cAPSLOCK]

I miss the Mayor.

I am into trains.

[Torque]

Blackrock's CIO of Global Fixed Income talking about Bitcoin replacing gold on CNBC today:

I think Bitcoin is here to stay [...]. Do I think that it is durable mechanism that will take the place of gold to a large extent? Yes I do, because it's so much more functional than passing a bar of gold around

https://twitter.com/APompliano/status/1329774212018475010

But...bbut... that can't be true??

Years ago they said Bitcoin was a Ponzi !

Years ago they said Bitcoin was a scam !

Years ago they said it would be banned by govts !

[cAPSLOCK]

Getting closer to $19k... OMG we've been dreaming of this for how many 4 years? 

No.. it's been three.  That fourth year is THE dream though.

[serveria.com]

Stiffler with a green dildo... where's El Dude when you need him?  

[FullNode]

https://twitter.com/BitcoinMemeHub/status/1329110588107132928

[hossamdz]

I can smell that ATH

Such A pretty candle aint she 

[Torque]

They want to break the ATH so people will go home for Thanksgiving and talk about it.

[rdbase]

by the way
what are the conditions to get a hat?

So I looked at your posts back till August.
I like some I gave you 6 merits. brings you to 30
Others should bother to look at them as they are decent enough to get more merits then what I gave to you

Yeah, I did just get enough to receive one whole big smerit... so sent it right away to a post I liked of his (and the one I was going to merit a day ago)

Jeez it seem they are getting to be more valuable than the orange guy on these forums.

Always here to help out a fellow burgeoning WOer.
I remember how hard it was to make my breakout on the wall many bitcoin moons ago.

Getting close to 10oz of gold...
Remember when 1oz parity was a bit deal?  

The gold bugs during the run up to $17k have been eyeing bitcoin. I had a few articles I was reading a few days ago about it.
Let me look(done) and post them up for the WO brotherhood to view just for the helluva it.

[cAPSLOCK]

They want to break the ATH so people will go home for Thanksgiving and talk about it.

I do not like this line of thought.  I do not like the "they" in it.  But it is a pretty good conspiracy theory.

What do the futures markets looks like?

[jojo69]

I miss the Mayor.

.

[ivomm]

-4%

https://www.youtube.com/watch?v=MtvpXr9O0J4
Pantera "Cowboys From Hell" - hurdy gurdy & drums cover - Guilhem Desq

[FullNode]

Bitcoin on-chain activity is closing in on new all-time highs.
There were 1.19 million $BTC active addresses, the highest value since Jan 2018.

https://twitter.com/cryptounfolded/status/1329665778430345216

[jojo69]

-4%

https://www.youtube.com/watch?v=MtvpXr9O0J4
Pantera "Cowboys From Hell" - hurdy gurdy & drums cover - Guilhem Desq

https://www.youtube.com/watch?v=MtvpXr9O0J4

[eXPHorizon]

-4%

https://www.youtube.com/watch?v=MtvpXr9O0J4
Pantera "Cowboys From Hell" - hurdy gurdy & drums cover - Guilhem Desq

https://www.youtube.com/watch?v=MtvpXr9O0J4

Check this one out

https://www.youtube.com/watch?v=zJuUsVX4VmY

Epic dude

[BobLawblaw]

Fuck getting any "work" done today. Getting sloshed on greyhounds, and praying for a nicely lubed $1,000 USD green dildo today.

[nullius]

Despite its lulzy tone, this is a serious post, seeking advice from the Wall’s professional-class GPU expert brain trust.  I am a Unix terminal junkie, who does not play games or mine shitcoins—not a GPU expert!

The short opportunities continue to grow as fake news fuels the bitcoin HOAX. Little Shatoshi's project has failed as I proved years ago, but the fake news keeps fooling people into losing their money. Smart money will enter high leveraged short positions and keep them open in preparation for the epic meltdown soon to come. Bitcoin shorts will be the greatest trade, possibly in the history of the world.

Thank you. I have decided to sell based on this post.

my 1080ti gpus are now listed in the marketplace

Meh.  I guess that you are shorting your puny old consumer-grade gamer/shitcoiner hardware, because it is not good enough to mine KYC dox photos of me, photos of Lauda, knightly rides superior to a Lambo, Discordian pseudoscience, and other artworks?

• One or more high-end NVIDIA GPUs, NVIDIA drivers, CUDA 10.0 toolkit and cuDNN 7.5. To reproduce the results reported in the paper, you need an NVIDIA GPU with at least 16 GB of DRAM.

I guess you need at least a Quadro GV100, or something like that?  With a lot lot lot of electricity...

[§F, pp. 20–21.]



We report expended computational effort as single-GPU years (Volta class GPU).  We used a varying number of NVIDIA DGX-1s for different stages of the project, and converted each run to single-GPU equivalents by simply scaling the number of GPUs used.

The entire project consumed approximately 131.61 megawatt hours (MWh) of electricity....  Approximately half of the total energy was spent on early exploration and forming ideas.  Then subsequently a quarter was spent on refining those ideas in more targeted experiments, and finally a quarter on producing this paper and preparing the public release of source code, trained models, and large sets of images.  Training a single FFHQ network (config F) took approximately 0.68 MWh (0.5% of the total project expenditure).  This is the cost that one would pay when training the network from scratch, possibly using a different dataset.

What the fuck minimal hardware (and electricity budget) is realistically needed for entry-level playing with kitty AI?  Assuming a desire to train one’s own networks...

P.S., proudhon, I already executed an infinitely recursive short on Bitcoin shorters.  At high leverage.  Confirmed science!  Thanks for the advice.  🙃☮

[philipma1957]

Despite its lulzy tone, this is a serious post, seeking advice from the Wall’s professional-class GPU expert brain trust.  I am a Unix terminal junkie, who does not play games or mine shitcoins—not a GPU expert!

The short opportunities continue to grow as fake news fuels the bitcoin HOAX. Little Shatoshi's project has failed as I proved years ago, but the fake news keeps fooling people into losing their money. Smart money will enter high leveraged short positions and keep them open in preparation for the epic meltdown soon to come. Bitcoin shorts will be the greatest trade, possibly in the history of the world.

Thank you. I have decided to sell based on this post.

my 1080ti gpus are now listed in the marketplace

Meh.  I guess that you are shorting your puny old consumer-grade gamer/shitcoiner hardware, because it is not good enough to mine KYC dox photos of me, photos of Lauda, knightly rides superior to a Lambo, Discordian pseudoscience, and other artworks?

...

P.S., proudhon, I already executed an infinitely recursive short on Bitcoin shorters.  At high leverage.  Confirmed science!  Thanks for the advice.  🙃☮

"No I am selling the 1080ti's to buy 3080's to mine eth to sell for btc."
There are a lot missing steps in the sentence above, but as Proudhon says science and math (also U.S.A. tax law) never fail.

[FullNode]

Fuck getting any "work" done today. Getting sloshed on greyhounds, and praying for a nicely lubed $1,000 USD green dildo today.

Dry of merit now

[JayJuanGee]

So, after yesterday's bear talk here on WO we can still witness $18k+ and lil pump underway. No 20-25% correction is possible until $50-70k in my opinion. Go BTC go.

That perspective seems a bit pie in the sky, serveria.


Sure, every exponential price rise period in BTC has differing dynamics, and surely, you can reasonably assert that there are a whole hell of a lot of circumstances (fundamentals) in this particular period that causes the UPpity movement to "be different" and to have greater amounts of fuel, yet I see no reason that 20% to 25% or even up to 50% or greater price corrections could happen - whether they be quickie price corrections over a day or two or corrections that play out over a few weeks.. and even with those incredible price corrections, the bull movement can continue..

There are a lot of incentives for BIG ass players to take advantage of momentum, including short-term trend reversals to shake the fuck out of weak hands that come in.. and sure you might be proclaiming that there are NO weak hands, but even if there might be truth to the lessening of weak hands, there is also truth to the ability to find liquidity loopholes - including that BTC prices, in the short term, are largely discovered through spot prices on exchanges.. and if you have 20k or more coins, you could surely create a considerable amount of chaos by strategically placing those coins on various exchanges and dumping the fuck out of the market in ways that also cause others to join in on the short term dumpenings.

Sure, there might be desires to rebuy some or all of those dumped coins; however, there are some BIG ass players who believe that it is in their interest to lose money in their BTC sales in order to profit in other areas.. and whether they end up being successful or not, there are still quite a few BIGGER players who can strategically muster such dumpening power at any point or time within this seemingly never ending currently playing out UPpity momentum.

ATH and then a good correction, rebuilding base.

Pump to $25,000, then a correction to $20,000 would be preferable  

More likely, too.  

In other words:  #"We do not simply 'go to' ATH" [insert meme here].