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

[philipma1957]

Guys ('n' gal), this is fine.

We are virtually pinned to $36k for a while now. Yes, it's boring. Yes, we want higher. But, just pause for a moment, and think. $36k. This is a stellar value. Remember that we were at $16k not too long ago. This is a 125% increase in two (2) months! Have we become too greedy?

The fact that the price holds strong above $30k should make us all ecstatic. Sure, we all liked it when it reached $40k+, but there's no need to rush it. GTCTTWW. Patience and HoDLing will reward us all very soon. We've waited patiently for 3 years, what's another 6 or 12 months?

Not selling a single sat.
May even buy some sats (already regretting that I did not, when we were at $16k).

HoDL.

Look at my post in another thread.

I don't think we ever had a start to a year as good as this year

New list arranged by date (note these are the reporting dates, so always a day late):

Mon 11 Jan - all the CAD 17k days are gone - ✅
Thurs 14 Jan - all the USD 13k days are gone - ✅
Sat 16 Jan - top 30 days all in 2020 or 2021 - ✅
Sun 17 Jan - all the EUR 11k days are gone - ✅
Sun 24 Jan - all the GBP 10k days are gone - 7 days to go
Tues 26 Jan - top 40 days all in 2020 or 2021 - 9 days to go
Weds 27 Jan - all the USD 14k days are gone AND philipma1957's birthday - 10 days to go
Fri 5 Feb - top 50 days all in 2020 or 2021 - 19 days to go

Note: we'll hit those dates if BTC stays above about $20k, which sounds easy but remember its only a month ago that it broke above 20k!


Fourth marker passed ...

One more streak the top 17 days are all in 2021

Jan 1 to Jan 17

 We need to stay over :

.............USD................................GBP...........................EURO.............................CAD......................................JPY..........
18  2020-12-31  28,819  |  18  2020-12-31  21,084  |  18  2020-12-31  23,477  |  18  2020-12-31  36,478  |  18  2020-12-31  2,950,316


Basically 2021 has been perfect in that is has always beaten all prior years prices!!


please note I used yeti's chart to make the mini chart above.

[AlcoHoDL]

Gotta love it when
A thousand dollar jump up
Raises no comments

#a day late

A thousand dollars,
In the greater scheme of things,
Is a jump for ants.

#haikuchat

[AlcoHoDL]

Who coined the "pump for ants" phrase? Was it Bob?

This is so cool.

[Phil_S]

[Gyrsur]

let's see. 01/25

[katrinmi]

Block 666,666 not far away 

$66,666 per bitcoin is already close   

[OutOfMemory]

Who coined the "pump for ants" phrase? Was it Bob?

This is so cool.

Yes, i think so. I didn't find the original post, but afair he posted a message in colored caps (purple or blue), big font size over two lines:

WHAT IS THIS?
A PUMP FOR ANTS?

several months ago. I can remember it quite clear because it was a "visual" kind of post.

[lightfoot]

China is still the underdog in terms of semi-conductors but their engineers learn fast. There will be a time where China can no longer be put under pressure through the Chips/semi-conductor industries.

Interesting stuff.

They learn fast, but the key is they can't innovate for shit. Mostly copying other peoples' ideas. Which means they are always 1 step behind.

[Paashaas]

Uh Oh, $100k price targets too low.

Upward bendy motion detected on Top Cap model. Now on track for $200k minimum.

https://twitter.com/woonomic/status/1351198405981327360

[AlcoHoDL]

Guys ('n' gal), this is fine.

We are virtually pinned to $36k for a while now. Yes, it's boring. Yes, we want higher. But, just pause for a moment, and think. $36k. This is a stellar value. Remember that we were at $16k not too long ago. This is a 125% increase in two (2) months! Have we become too greedy?

The fact that the price holds strong above $30k should make us all ecstatic. Sure, we all liked it when it reached $40k+, but there's no need to rush it. GTCTTWW. Patience and HoDLing will reward us all very soon. We've waited patiently for 3 years, what's another 6 or 12 months?

Not selling a single sat.
May even buy some sats (already regretting that I did not, when we were at $16k).

HoDL.

Look at my post in another thread.
I don't think we ever had a start to a year as good as this year

Yes, exactly. It's been great so far. Here in Euro-land, seeing values of 30,000+ € is just awesome. A long time ago I posted that 10,000 € would change my life, and now we're 3 times that! Of course, as price rises, our goals, desires and priorities may change accordingly, i.e., "moon" is really an adaptive term that could mean $10k, then change to $100k and even reach $1M and beyond. As things stand now, I would consider a value of $100k as my personal "moon", as I guess is the case for many of us. I believe the chances of reaching that value in 2021 are certainly higher than 50%, I'd say more like 70-80% (SOMA guess). Knowing what I know now about Bitcoin, and having survived through the 2017-2020 winter, I'd say that anything is possible, and the best is yet to come.

HoDL strong, brothers.

[Hueristic]

China is still the underdog in terms of semi-conductors but their engineers learn fast. There will be a time where China can no longer be put under pressure through the Chips/semi-conductor industries.

Interesting stuff.

They learn fast, but the key is they can't innovate for shit. Mostly copying other peoples' ideas. Which means they are always 1 step behind.

True but they are far not behind when every semi conductor manufacturer moves the fabs there. All the bunny suits get a first hand tour of the facilities as they are all Chinese by that time. The Chinese gov knows how to squeeze the people so there is not one of them that will not spy and steal tech and it will literally happen overnight. I was senior hardware engineer back in 2000 when we moved our fabs there from the US and it was industry wide to do so if you didn't you couldn't compete. IIRC we had fabs in Malaysia, Russia and China after the move.

As you noted they are shit at design (and also QC) and US companies outsource the fabs and manufacturing facilities but keep the design in country so that adds a layer to the intellectual theft but do to the quick trun around of having an outsourced fab there is not alot of time to capitalize on new design features before they are stolen and copied. This was well known but ignored as the bean counters are just like politicians, they only care about short term gains so they can score a big bonus and then move on when everything falls to shit.

[Wekkel]

Bean counters at Boeing got away with a $2.5B slap on the wrist for the 737 MAX debacle. Cost of doing business.

[Hueristic]

Bean counters at Boeing got away with a $2.5B slap on the wrist for the 737 MAC debacle. Cost of doing business.

And I'd be willing to bet the scumbag that made that decision got a golden parachute and that is why this keeps happening. those running things never have to pay the piper, all the rest of us do.

The current and former employees, many of whom spoke on the condition of anonymity because of the continuing investigations, said that after the first crash, they were stunned to discover MCAS relied on a single sensor.

“That’s nuts,” said an engineer who helped design MCAS.

“I’m shocked,” said a safety analyst who scrutinized it.

“To me, it seems like somebody didn’t understand what they were doing,” said an engineer who assessed the system’s sensors.

https://www.nytimes.com/2019/06/01/business/boeing-737-max-crash.html

You can bypass the paywall with ublock origin addon.

[OutOfMemory]

Bean counters at Boeing got away with a $2.5B slap on the wrist for the 737 MAC debacle. Cost of doing business.

And I'd be willing to bet the scumbag that made that decision got a golden parachute and that is why this keeps happening. those running things never have to pay the piper, all the rest of us do.

The current and former employees, many of whom spoke on the condition of anonymity because of the continuing investigations, said that after the first crash, they were stunned to discover MCAS relied on a single sensor.

“That’s nuts,” said an engineer who helped design MCAS.

“I’m shocked,” said a safety analyst who scrutinized it.

“To me, it seems like somebody didn’t understand what they were doing,” said an engineer who assessed the system’s sensors.

https://www.nytimes.com/2019/06/01/business/boeing-737-max-crash.html

You can bypass the paywall with ublock origin addon.

There were more than one instance/people at various design and implementation stages that would have become aware of that. Seems like management or whoever suppressed critical thinking on relying on a single sensor for MCAS. Also, in extreme test routines the problem would have already appeared in the simulator.
Boeing looking like amateurs now.

[d_eddie]

Any fixed amount can be written off as "cost of doing business", given a large enough volume of business.

The penalties for such violations MUST be expressed in units of yearly revenue. It's the only language corporations will understand; it's the only way to keep them on their toes.

[jojo69]

Any fixed amount can be written off as "cost of doing business", given a large enough volume of business.

The penalties for such violations MUST be expressed in units of yearly revenue years of peoples lives. It's the only language corporations will understand; it's the only way to keep them on their toes.

[BobLawblaw]

Hey, so, like, fair warning.

We are two days away from inauguration, and from some of the fringe scenarios I've been reading, things are likely to range from Nothingburger to Biblically-Apocalyptic.

Just a reminder, that any political talk about any US political figures, will be met with "tastefully" censored, horrible, awful yaoi, within this thread.

Let us keep our eye on The Corn, and not get distracted by the fall of Western Civilization.

Please do not test me.

I beg of you.

I'm trying to be way more chill in 2021, and you guys can really help me out in that regard.

nohomo brohugs

[d_eddie]

A technical question. I must have broken my Tor installation somehow, because that network doesn't seem to be reachable by the bitcoin-core client anymore. The Tor browser itself works fine, though. Any suggestions?

Code:

bitcoin-cli getnetworkinfo
{
  "version": 210000,
  "subversion": "/Satoshi:0.21.0/",

# snip

    {
      "name": "onion",
      "limited": true,
      "reachable": false,
      "proxy": "",
      "proxy_randomize_credentials": false
    }
}

Solved. I messed up the proxy line in bitcoin.conf somehow. Now all is well.

[El duderino_]

tv screen gif

Already feeling sorry for what’s gonna happen to those poor souls

[vapourminer]

Bean counters at Boeing got away with a $2.5B slap on the wrist for the 737 MAX debacle. Cost of doing business.

well they build military hardware beside the civilian side of it so there are hardly going to be really punished. military needs their toys.