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

[janggernaut]

Here is the reason of bitcoin pump to $59,000

https://www.google.com/amp/s/bitcoinmagazine.com/.amp/business/sec-chairman-shares-thoughts-on-bitcoin

Gary Gensler, the new head of the U.S. Securities and Exchange Commission (SEC), told CNBC that he recognizes bitcoin as a “scarce store of value,” distinct from other “crypto tokens” which “are indeed securities.” But he also alluded to a perceived need for additional regulations around its investment and use.

Who has bought the dip when Bitcoin was dump below than $50,000? 

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[hodl_2015]

Who has bought the dip when Bitcoin was dump below than $50,000? 

$47,600 Always buy the dips.

[marcus_of_augustus]

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...

find a songwriter too while you at it ... you sure as hell can't do that either

[Mr. Big]

Nice shiny new Gretsch 5 piece added to studio. Thank you bitcoin.

Is the strat with maple fretboard suhr?

[Paashaas]

c-lightning Opens First Dual-Funded Mainnet Lightning Channel!

Well, they’ve done it, Charlie. c-lightning, the C-first Lightning implementation largely shepherded under Blockstream’s engineers, has successfully opened the first dual-funded Lightning channel on Bitcoin mainnet.

Normally, when a Lightning node opens a channel, only the node that initiates the channel open can add funds.
This can create unbalanced channels, with the entire channel’s balance belonging to the node that opened the channel.
A dual-funded channel is one that both nodes contribute funds to in the funding transaction that opens the channel. The resulting channel balance is split between both nodes.

Unlike standard channel opens, dual-funded channels can send payments in both directions immediately.

Dual-funded channels also reduce the cost of deploying capital into the Lightning Network — in a recent talk at Berkeley, Clara Shikhelman of Chaincode Labs reviewed the cost economics of Lightning channels. According to her cost model, dual-funded channels have an improved cost profile compared to single-side funded channels, reducing the total on-chain fee cost for deploying liquidity into Lightning channels.

Finally, with c-lightning’s multifundchannel command, nodes can open multiple Lightning channels at once. When other nodes also contribute, these opens approximate a CoinJoin. Multi-party transactions break some on-chain correlation capabilities.

[friends1980]

Yahoo dominated by a lot and the rest had very low $ value.
Then, as the internet hype began, they started to re-price even the lowly one's, which was a complete surprise to me. They began trading at multiple billions.
Of course, later google came in and conquered it all.

Great analysis, man. +2 Merit and +2 WO Merit.

The fact that Yahoo dominated by a lot, and later google conquered it all doesn't reassure me, though. What does it imply in terms of crypto? "Yahoo equals Bitcoin" dominates by a lot and in a few years "Google equals Dogecoin" conquers it all?

What's your idea gents?

[Arriemoller]

Yahoo dominated by a lot and the rest had very low $ value.
Then, as the internet hype began, they started to re-price even the lowly one's, which was a complete surprise to me. They began trading at multiple billions.
Of course, later google came in and conquered it all.

Great analysis, man. +2 Merit and +2 WO Merit.

The fact that Yahoo dominated by a lot, and later google conquered it all doesn't reassure me, though. What does it imply in terms of crypto? "Yahoo equals Bitcoin" dominates by a lot and in a few years "Google equals Dogecoin" conquers it all?

What's your idea gents?

The users of yahoo had no money in the game, the users of bitcoin all have money in the game, they had nothing to loose by changing from yahoo to google, bitcoin users have a lot to loose. That's even more true for institutional investors.
I don't think you can compare the two scenarios.

[vapourminer]

Nice shiny new Gretsch 5 piece added to studio. Thank you bitcoin.

I have no idea what a "Gretsch 5 piece" is (thought it was the drumset first but that has nine pieces so whatever it is, congrats!) but if it makes you happy, I'm happy for you.
It's so nice seeing and hearing about people being able to do what ever they want instead of having to wait for the next paycheck, or taking a loan or just not do it because no money.

in drum kit you only counts the drums themselves, not cymbals and such.

nice setup sirazimuth. is that a fender precision bass on the right?

[eXPHorizon]

https://www.youtube.com/watch?v=M6te4xieQDg

One Of Us

[friends1980]

I'm thinking about a Roland or Yamaha e-Kit lately, time to teach the kids playing the drums BUT i hate the sound of those rubber muting pads, while i prefer real drumshells/heads, though...
Or do i just have luxury problems?
When it comes to instruments, i'd say: for sure!

Books and instruments: the only goods I can't resist buying without remorse...

I've got the "old" Roland TD9 set with upgrade. A billion sound kits of which I use (and like) only one, but that's all you need, rite.

I remain impressed by the realistic feel of these pads (I've played on far less comfortable acoustic sets), but I'll never get used to the sound of hitting them. It's difficult to ignore, especially if you keep the volume low in your speakers or headphones, as I do.

No thing like the real thing, but if like me, you have direct neighbours, there's no alternative and therefore I believe it's a perfectly acceptable compromise.

A used TD-9 will cost you hardly BTC0.0125 at actual USD price, so if the kids change their mind, you'll not have to go begging in the streets to fill that hole in your holiday budget.

[friends1980]

https://www.youtube.com/watch?v=M6te4xieQDg

One Of Us

Dude wtf

[eXPHorizon]

Dude wtf

Just asking.. what if he was/is one of us?  Imagine Infofont being the God or Theymos or or someone else lol and just participating in the Society we built up as a Civilization... 

[Parazyd]

Musk on SNL today. Think a pump is incoming?

[Sayeds56]

Poor Terminator. He has come at a wrong time. Bitcoin ain't cheap anymore.

Be sure to review this comment in 10 years. I promise you it will be considered cheap then.

Absolutely right. Bitcoin is never cheap. Buy it on every dip and HODL.

[eddie13]

I like doge pin just fine and all, one of my favorite alts for sure, but how in the actual fuck is it this high and sustaining?

Wtf is going on? LOL

[Hhampuz]

I like doge pin just fine and all, one of my favorite alts for sure, but how in the actual fuck is it this high and sustaining?

Wtf is going on? LOL

Everyone expecting Elon to pamp it on SNL tonight? I'm Expecting a big sell off next week though.

But that's neither here or there, gogo BTC slow and steady towards new ATH.

[heslo]

I like doge pin just fine and all, one of my favorite alts for sure, but how in the actual fuck is it this high and sustaining?

Wtf is going on? LOL

Just noobs trying to get rich quick; they'll get the rug pulled from beneath them soon enough

[Phil_S]

I have good feeling about this attack on 58000.

I’m curious where it go :-)

Good feelings confirmed. Observing 59200.

Dammit this is going on for days already

Dude, take it easy, I'm perfectly fine at 9xx. 

[d_eddie]

Hmmm... lots of colleagues around here, it seems. There are a few more I know for sure, but they're keeping silence in this discussion.

I will put drums on any song you like.  Wanna hear a sample?

Here... i was setting up a bunch of mics on this low end "too many toms" kit I have in the studio right now and wanted to hear a balance of the kit and also make sure all the toms were making it in OK which is why it's so masturbatory.

https://www.sndup.net/53qm

What a show off! Want a bit of criticism? All right, OK, I'll STFU.

Trapping in a room with windows is useless.
Better even out the reverb times with Helmholtz resonator panels, gives a natural, not too dead room sound.
Ultimately, you build a floating room in the dimensions you want the low frequency resonances/standing waves to be wiped out.
You'd need some more Bitcoins for that, though  

Do you have good experience with Helmholtz resonators? I wanted to have a taste, and I built a "bottle" (box, not panel), but I found the resonant freq can get amplified, especially in the case of a narrow-band Helmholtz box - that is, the ones without any absorption inside. According to my sources, a thin layer of absorption (rockwool etc) inside the box will "smear" the freq response of the device, which is usually desired.

Not willing to invest too much in treatment with an uncertain bang-for-buck factor, or possibly even detrimental, I dropped the Helmholtz project. But if you have a good experience to report, or can point me to reliable sources, I'm totally willing to reconsider. As it is now, I'm fine with my extensive rockwool paneling, but a little more low and low-mid absorption, shorter RF times etc., can never hurt ;-)

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...

find a songwriter too while you at it ... you sure as hell can't do that either

Rude. And unfair.

[xhomerx10]

Poor Terminator. He has come at a wrong time. Bitcoin ain't cheap anymore.

 He couldn't have brought any fiat with him since "nothing dead will go".  Not sure where he's going to get the money to buy bitcoin but I'd buy a doge if you don't have one already.  Doges will bark when terminators are nearby.