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

[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?

[1675535791]

1675535791

[1675535791]

1675535791

[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].

[Qoheleth]

Here I am in the Wall Observer thread in November 2020, when for the first time in quite a while, it seems there's some significant Walls to Observe.


Lots of folks wanting to cash in now that we're near ATHs again it seems ^_^

[BobLawblaw]

Here I am in the Wall Observer thread in November 2020, when for the first time in quite a while, it seems there's some significant Walls to Observe.

Lots of folks wanting to cash in now that we're near ATHs again it seems ^_^

Completely understandable. People that bought near the top of the last rally are finally in the green again, so they might be looking to get off the roller-coaster.

Me, I'm thinking of holding out for $25k USD/BTC before deciding to convert to some gravy again.

All depends on how insane Rick and I decide to build on our ranch, but either way, have enough allocated for land and a "reasonable" couple-few structures on the land; main home, concrete/steel garage, and barn of some sort.

Onward, gentlemen.

[FullNode]

Morgan Creek Registers New Bitcoin Fund With SEC
According to the fund website, "Bitcoin has laid the foundation for a new asset class that may become the biggest technological innovation since the internet." 

https://decrypt.co/49031/morgan-creek-bitcoin-fund-registered-with-sec

[JayJuanGee]

Scientists create diamonds at room temperature in minutes

https://edition.cnn.com/2020/11/19/world/diamonds-room-temperature-scli-intl-scn/index.html

How long before they create gold in a lab? 20 years, 50 years? You just need a little fusion.

Can't counterfeit the corn though.

they did counterfeit the corn, it's call shitcoins... b-shit and the other b-shit-with-a-v

Uh? I am sure those don't even qualify as proper Bitcoin "counterfeits"... Unless you would also consider this are Gold coin counterfeits:

Depends, would the same people who buy BCH/BSV thinking it is Bitcoin also think chocolate coins are real deal?

Bcash pumpeners (supporters/buyers) have shown themselves to be pretty fucking dumb (blindly greedy), so perhaps?  perhaps?

[jojo69]

[Cryptotourist]

Indeed, we just might.

My fellow Grammar Nazis, STFU.  It is intended to be a meta-pun—and I have always wanted to use her in the dative!  Also, I believe that it is correct insofar as μετᾰ has a sense governing the dative, which perfectly conveys my intended meaning.  If I be mistaken, would any pedants care to correct me?

It didn't feel quite right, so I had to consult my HI, and it cast out this:

The preposition μετά governs genitive and accusative, not dative. So your pun would work, if you wrote μετά Φρύνης.
If your priority is Φρύνη in the dative, you may forget μετά and write instead ἐν Φρύνῃ, making an ἐν-pun.

Observed $18824. proudhon is still active, so ...

[True Myth]

Here I am in the Wall Observer thread in November 2020, when for the first time in quite a while, it seems there's some significant Walls to Observe.

Lots of folks wanting to cash in now that we're near ATHs again it seems ^_^

Completely understandable. People that bought near the top of the last rally are finally in the green again, so they might be looking to get off the roller-coaster.

My ex wife bought near the ATH a few years ago due to FOMO.  I'm sure she has long since forgot about her coins.  I've been contemplating if I should tell her to check (resulting in instant selling) or do her a favor and not mention anything to her...

#MoralDelema

[UnDerDoG81]

Here I am in the Wall Observer thread in November 2020, when for the first time in quite a while, it seems there's some significant Walls to Observe.

Lots of folks wanting to cash in now that we're near ATHs again it seems ^_^

Completely understandable. People that bought near the top of the last rally are finally in the green again, so they might be looking to get off the roller-coaster.

My ex wife bought near the ATH a few years ago due to FOMO.  I'm sure she has long since forgot about her coins.  I've been contemplating if I should tell her to check (resulting in instant selling) or do her a favor and not mention anything to her...

#MoralDelema

Depends on if you still like her or not.

[JayJuanGee]

Where that fear and greed update??

Hahahahaha

Fuck that shit.

Remember last week, or was it a couple of weeks ago, there were quite a few folks in here vociferously proclaiming that a correction was imminent based on such fear/greed index showing "too greedy"  blah blah blah..

[...]
STFU JJG THURSDAY HAS ARRIVED



Save the woman and children first!



 

Nullius has a similar day ??

Perhaps STFU-Friday ??

It is officially Monday; V8s called it months ago.  What can I say, the man is insightful.

right we need a day of the week when we are rude to nullius for his lengthy expostulations. the scrolling past is getting tiring

jjg has stfu jjg thursdays, sunday is sacred to the haiku

monday then? today in fact?

stfu nullius

less is more. small is beautiful. concision breeds precision

(you know I love you but)

For the information of the Wall, my previous post linked to prior discussion:

Moon-day

I would like to say, fuck you nullius just to get it off my chest early (especially, since it has been building up for a while)...

So there you go.  I've said it.