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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.5%)
8/4 - 16 (16.7%)
8/11 - 7 (7.3%)
8/18 - 5 (5.2%)
8/25 - 7 (7.3%)
After August - 49 (51%)
Total Voters: 96

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26450708 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.)
explorer
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May 07, 2021, 08:58:37 PM

The next 1st world problem we're going to have is adding a few decimal places on-chain. Hopefully direly needed soon  Wink

Seems to me that a satoshi can be equal to anything between 1 and 10 cents USD currently and we would find it generally useful.  Especially since the lightning network ALREADY handles amounts to 1/1000 of a single sat.  Then, even with 10 cent satoshis we would be able to transact at the granularity of $0.0001.

1 cent sats puts us at Gold market cap, and 10 cent satoshis match us to the worlds broad fiat money.

We may never need to divide further depending on how the network evolves to be used.

Dollars are the new Cents.
El duderino_
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May 07, 2021, 09:16:50 PM

I have good feeling about this attack on 58000.

I’m curious where it go :-)
JayJuanGee
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May 07, 2021, 09:19:57 PM

I surmise know where it (fever) will brake: on doggie add-on to coinbase (super-spike?)
I just found out that i still have some etc (after the @LFC post)....it has some value now, lol (one of the most useless forks).
I better exchange to daddy (or USDC/tether?) asap.

Dang, forgot about ETC. Not sure if I can access it at all now. Never mind, not worth worrying about the small amount I may have.

I just looked at all my shitcoins added together which added to a very small amount of money (relatively speaking) a few months ago, and now the whole thing is up around 15x.. which adds up to a decent amount of money, relatively speaking (at least in terms of dollars).   I am still giving few fucks, but part of the being spoiled aspect comes from having a certain amount of valuing wealth in terms of bitcoin rather than either dollars or shitcoins, and I am not even saying that the dollar value of the bitcoin does not matter because measuring the bitcoin in terms of their dollar value does give some kind of way to gauge both the value of the bitcoins and also the value of other assets, currencies and even the various shitcoins that I hold.

Actually, relative to the dollar, maybe even most shitcoins will do better - even if they are likely to continue to lose value relative to bitcoin in the long term even while appearing to gain some value (relative to bitcoin) in the short term.

Jelly are we.

 Grin

Jelly that you do not seem to know how to take that nonsense to some other thread.

Gets a bit old, phillip..

Jay has gotta be fuming about where the WOb discussion is going.


 ♫   BITCOIN! BITCOIN! , DONT BE BUYING SHITCOIN!!!  ♫  ♪     Cheesy...

Even though I react to post, and call names to you ill-focused shitstirrers, I really doubt that I am emotional about the whole matter, even if you might be reading emotion into the situation.

Jay has gotta be fuming about where the WOb discussion is going. Cheesy...

 Yeah his next one is going to be a really, really, really long post.

Length would naturally follow in something that needs to be backed up by evidence or discussion in order to attempt to clarify the point(s).

Yeah, sure, not everyone (even here) realize that it is NOT very healthy for your own brain or even likely your investment portfolio to be getting too distracted by shitcoins, so yeah historically, we have already seen that a lot of folks do like to get distracted by shitcoins, even in this thread, and some of them do end up getting fucked pretty bad because of their weaknesses in getting distracted, so sure, who knows which one(s) of you fucks are going to end up getting fucked this time.. hahahha.. Don't come come running to this thread for help after you get fucked based on your inabilities to focus ur lil selfies... #no homo.

I guess you are the one that want the posts to keep coming up. As you keep quoting them. Grin\

Now you want to blame me for your feelings that you have to defend your shitty, off topic posts?  Jbreher used to make the same kinds of nonsense assertions attempting to defend why he was talking about shitcoins, and perhaps he is going to come back because his favorite shitcoin, also known as bsv, has been pumpening in recent times.

My advice is do not buy any coin other than btc.

Well, that's good.

At least some of us can be less mad at you in regards to that ideological position, even though I was not making any claim about your ideology but instead your wanting to post off topic shit in order to edumacate us in ways that you believe that your shitcoin is supposedly related to bitcoin because you have been making more bitcoin from it blah blah blah.


As for mining mine any coin that makes profit on the power you spend.

Pay the gear pay the power.

Convert the coins to BTC and fiat.

This advice holds for all coins except BTC as hodl all you can if you mine btc.

My coin holdings are more than 95% BTC

Yes.. and you are concluding that your information is relevant to this thread, and I am suggesting that there might be a better place to post.  You can do what you want, and we surely can have differing opinions.. that's for sure.

What gets old is people bring up old posts and complaining about them.

Your perspective here comes off as a bit strange.

You want to suggest that posts need to be responded to in a "timely" manner?  Otherwise, they should no longer be responded to and worse yet, quoted? 

Seems a bit strange to me, but sure, you are "entitled" to express your opinion, which you have even if it seems a bit dumb and opportunistic to me.. because sometimes people (including yours truly) might not be able to read or respond to posts within the timeline that you would like to impose upon "us" (royal of course), and you seem to be suggesting that it is disingenuous or whatever to quote an older post that might have not been seen earlier.    By the way, sometimes members will cite topics from several weeks or months earlier because they had not seen those posts earlier, even though I will concede that there does seem to be a wee bit of recentcy bias in this thread in terms of sticking to topics that are "currently trending" or whatever.

In any event, I do consider that you are grasping at straws a bit or maybe even merely arguing for the mere sake of it when you are trying to oppose my response based on its timeliness.  Sure, through the years, I have surely witnessed more ridiculous claims than that timeliness claim through the years, but you do have a decent running in such ridiculous competition at this point with that assertion that responses to posts need to be made in a timely manner (whatever that means?)  ..  Roll Eyes Roll Eyes Roll Eyes   Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
LFC_Bitcoin
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May 07, 2021, 09:24:29 PM

Sats? mBTC? Cents?

Too small. Whatcha trying to go? Attract Robinhood/dogecoin kiddies?

How about hectocoins? Laszlo's pizzas cost him 100hBTC.

If you're a hectocoinaire, you can probably retire. Kilocoinaires are already rich.

 Cool

This is the issue I have, too much to remember.

1BTC
0.3BTC
0.06BTC
0.004BTC
0.0002BTC

^^

Is fine by me.
Sayeds56
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May 07, 2021, 09:46:51 PM
Merited by El duderino_ (5)




JayJuanGee
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May 07, 2021, 10:00:41 PM
Last edit: May 07, 2021, 10:23:28 PM by JayJuanGee

I once had 50M dogecoins  Shocked

sheit

I once had 1200 ETH :/

I once had 3 BTC :/

This kind of thinking is a wee bit pathetic, but I understand the inclination to employ it.

I'm still sticking to my fourth rule of crypto: "never sell everything", so I have some left.

I have some billion "Real Stack Coins" ...

What are all your other rules of crypto?

There are some rules in bitcoin that are going to really fuck you if you try to apply them to crypto (aka shitcoins)... .case in point... is Loyce's list of supposed rules.. ..... careful out there boyz.. and girl

As a straight guy I have to say I'm not into dildos normally.

But green dildos? Yep, I like green dildos.

 Grin

So you wouldn't be a bunny in late Hefners house?

Opsec...

Careful.. boys and girls.

 Shocked Shocked

Just sold a teeny weeny little bit, so now the price is pretty sure to go up.
Also, it's going to rain all day today and all day tomorrow, Jippie.

Told you so, didn't I.

Sell enough for a pizza and  a pitcher of beer. We will go over 65k

When though, Philip?  Are you lowering your expectations for $70k or are you just asserting that $65k is going to come before $70k, for sure? (I know that you are mad at me, but whatevers)

 Cheesy Cheesy Cheesy Cheesy Cheesy

OT: Aiming in part to protect the stock market from retiring stock selling boomers, Congress is about to pass the Secure 2 act...you will not have to take mandatory distributions from IRA/401K (in US) until either 75 y.o. or never (if you have less than $100K). They intend for you to pass it to your descendants and then they will tax the s-t out of them because they have to dispose of all money received from mom/dad IRA in just 10 years. A pretty cunning plan, actually.

I remember peeps getting so worked up about some words out of Biden's mouth about capital gains taxes that were not very likely to pass, and surely there were some exaggerated interpretations therein.

In this particular case of the "Secure 2" act that you proclaim to be pending, is it really going to go through or is it largely in the theoretical stages rather than being an actual factor that is going to affect real live people (or at least the descendants) in the near future?
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May 07, 2021, 10:28:54 PM
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Secure 2 act is bipartisan, so it WILL happen this year.
As I said, this is to prevent boomers to sell stocks en masse to withdraw RMDs.
After boomers leave this world, descendants would have to get distributions from inherited IRAs in only 10 years (accounts would have to be zeroed out in 10 years), so gov would recoup taxes fast, a pretty "slick" move.
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May 07, 2021, 10:29:51 PM
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ETH will rise (perhaps a lot) because it is still the Smart Contract/Token platform.  But over time people will realize that Bitcoin can do ALL THAT on sidechains without crowding up the base layer with cryptokitties.  Boom use case destroyed.

ETH is going to 10k, then 20k. It will stick around because they won't let it die and some institutions are buying them already. Plus it has the wierd (if it's considered odd) thing that it uses 18 decimal digits after the point. The coin is fundamentally different and it isn't a fork of BTC, but it does use a blockchain.

If one can get some sort of UniSwap equivalent to run on top of Bitcoin, then ... ETH is going to go away.

Check out Sovryn, it's a no KYC defi exchange on RSK, still in early stages but looking promising. RSK sidechain is secured by Bitcoin merge-mining, so already way better than Eth.. you can find more info here:
https://blog.rsk.co/noticia/the-cutting-edge-of-sidechains-liquid-and-rsk/

Price is coiling, honey badger ready to strike Smiley

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May 07, 2021, 10:36:00 PM

ETH will rise (perhaps a lot) because it is still the Smart Contract/Token platform.  But over time people will realize that Bitcoin can do ALL THAT on sidechains without crowding up the base layer with cryptokitties.  Boom use case destroyed.

ETH is going to 10k, then 20k. It will stick around because they won't let it die and some institutions are buying them already. Plus it has the wierd (if it's considered odd) thing that it uses 18 decimal digits after the point. The coin is fundamentally different and it isn't a fork of BTC, but it does use a blockchain.

If one can get some sort of UniSwap equivalent to run on top of Bitcoin, then ... ETH is going to go away.

well, we have Liquid and we have one chain (that shall remain unmentioned) that is trying to put executable contracts on btc.
DEX would be next, that's correct.

Hey, did anybody invest in cumrocket (I kid you not) for funzies? lol...or rather WTF?
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May 07, 2021, 10:49:47 PM




 Shocked Shocked Shocked

is this canadian or australian, singaporan, or hong kong?
Around here, we use gallons, but then liters, not litres.
In TX, it is (in USD) $2.68/gal=$0.71/liter
I know that it is pretty cheap comparing with EU.
OutOfMemory
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May 07, 2021, 10:56:07 PM


is this canadian or australian, singaporan, or hong kong?
Around here, we use gallons, but then liters, not litres.
In TX, it is (in USD) $2.68/gal=$0.71/liter
I know that it is pretty cheap comparing with EU.

This is basically EU price level with 50% discount...

heslo
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May 07, 2021, 10:57:08 PM




 Shocked Shocked Shocked

is this canadian or australian, singaporan, or hong kong?
Around here, we use gallons, but then liters, not litres.
In TX, it is (in USD) $2.68/gal=$0.71/liter
I know that it is pretty cheap comparing with EU.

Going by our current price cycle, I'll say Australian
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May 07, 2021, 11:03:34 PM


 Shocked Shocked Shocked
is this canadian or australian, singaporan, or hong kong?
Around here, we use gallons, but then liters, not litres.
In TX, it is (in USD) $2.68/gal=$0.71/liter
I know that it is pretty cheap comparing with EU.
I think he was more so posting it because of the 69.69 Grin
That was the target those doge lovers were trying to hit for their ATH on doge day.
Well it seems they should reschedule it for may 8th instead when their fearless leader will be making an appearance on a show televised live later on today in around 28-29 hours from now.
WT actual F is going on with crypto? Embarrassed
BTC and the number two (Vitalik's science experiment Grin) dumps while this coin hits it's ath at the same time.
Here is a thread for you to show your frustration as I am in right now:
https://bitcointalk.org/index.php?topic=5336007.0
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May 07, 2021, 11:18:13 PM
Last edit: May 07, 2021, 11:40:07 PM by vapourminer
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At least some of us can be less mad at [REDACTED] in regards to that ideological position, even though I was not making any claim about your ideology but instead your wanting to post off topic shit in order to edumacate us in ways that you believe that your shitcoin is supposedly related to bitcoin because you have been making more bitcoin from it blah blah blah.

some peeps work jobs to make money to buy btc. some mine btc directly. and some peeps mine whatever coin makes the most per watt and buy bitcoin with the proceeds. i see little difference.

personally i found [REDACTED]s explanations as to btc difficulty vs price as a functions of power temporarily being diverted from straight up btc mining in power limited farms interesting.

disclosure: i mine shitcoins on gpus/fpgas and trade for btc. small scale, i dedicate one 20 amp circuit (and only draw 15 amps max from it to follow the 80% rule) to my mining and thats it. so profit per watt is important, as the more profit per watt the moar btc i get by trading whatever crap im mining.

stacking sats is stacking sats. however you do it.
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May 08, 2021, 12:03:54 AM
Last edit: May 08, 2021, 04:24:58 AM by Biodom

Picture a mouse and an elephant.
Picture how much a particular person contributed to bitcoin success (via promoting mining, teaching people how to do it with detailed know how, reviews, etc, etc.).
Then picture someone whose contributions are mostly endless diatribes about minutia.

Now, let me propose that @philipma1957 is the elephant (for those in the know in the broader community) and @JJG is the mouse.
Then, picture a mouse telling an elephant that it is mad or less mad at it because of some blah blah (whatever).
The funny thing is, irl elephants are afraid of the mice.
They shouldn't be.

Finito la comedia
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May 08, 2021, 01:10:27 AM
Last edit: May 08, 2021, 04:35:51 AM by hisslyness


Well, he’s going to have to wait, another 24 years...
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May 08, 2021, 01:29:23 AM
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Nice shiny new Gretsch 5 piece added to studio. Thank you bitcoin.

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May 08, 2021, 01:32:38 AM

No more plastic drum machines ;-)
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May 08, 2021, 01:40:37 AM

No more plastic drum machines ;-)
Yeah, all well and good, but now I gotta find a human to play em...  because I sure as hell can't...
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May 08, 2021, 01:51:24 AM
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Picture a mouse and an elephant.
Picture how much a particular person contributed to bitcoin success (via promoting mining, teaching people how to do it with detailed know how, reviews, etc, etc.).
Then picture someone whose contributions are mostly endless diatribes about minutia.

Now, let me propose that @philipma1957 is the elephant (for those in the know in the broader community) and @JJG is the mouse.
Then, picture a mouse telling an elephant that it s mad or less mad at it because of some blah blah (whatever).
The funny thing is, irl elephants are afraid of the mice.
They shouldn't be.

Finito la comedia


I like that.

But the really funny thing is elephants simply don’t give a fuck about mice.

I am simply getting old and cranky and annoyed too easily.

I Don’t know if it is being 64 and finally have positioned myself  in a good way when it comes to coiins.

I don’t know if it is that i helped setup hundreds of people to make money mining.

Trading is and will never be my thing. But I came to this thread last year because I thought the time was ripe for the bull to start running.

So I turned out to be correct. So to all I will post here and I will post what I please.

deal with it.


but i do not say buy shit coins.

go back and read what I post.

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