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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10.1%)
8/4 - 16 (14.7%)
8/11 - 7 (6.4%)
8/18 - 6 (5.5%)
8/25 - 8 (7.3%)
After August - 60 (55%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26466383 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.)
Gyrsur
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May 25, 2021, 01:31:28 PM

I'll give it a try to hijack the thread like others do.  Roll Eyes

after shower I got aware that one of my testicle hangs lower than the other one. I'm not sure now which one I should sell for 35K to buy BTCitcoin?

any help from you genius folks?

EDIT: my male McDonald's coworkers also don't know it, the female ones like to play with both.

I did just look up aspects of your dilemma on the DCA website, so yeah, it would take you about 7 years at $96 per week to invest $35k into bitcoin.  Historically, that would have gotten you 40 BTC, but currently, you may well not even be able to reach 0.4BTC by the time that you invest $96 per week and that 7 years plays out.. but you will have put $35k into the system.. better than not putting anything in.. and each of us have to start where we need to start in terms of attempting to accumulate a BTC stash that we believe is reasonable.. and what we need to sacrifice to reach our goals.

Fuck McDonald's but if that is the best that you can do, then you might have to get two or three jobs since they likely don't even allow you to work a full time week. If you are young you might be able to tolerate, but seems better to build skills, but if you are stuck working a variety of dead end jobs, then you may need to work 20 hours at each (60 per week) and then just UP your game in terms of investing $1k per week into bitcoin rather than $100.. but still you gotta get the rest of your shit together too.

I give up.

Turing Test: JJG is a bot. No detection of interpretation of human beings.
JayJuanGee
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May 25, 2021, 01:33:20 PM

[edited out]

Turing Test: JJG is a bot. No detection of interpretation of human beings.

Tell me something that I don't already know.

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes

You must be a bot ur lil selfie to believe that a bot does not know to be a bot.
Gyrsur
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May 25, 2021, 01:35:53 PM

[edited out]

Turing Test: JJG is a bot. No detection of interpretation of human beings.

Tell me something that I don't already know.

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes

That is a human being. Both use the same account.
Richy_T
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May 25, 2021, 01:55:43 PM


I have some suggestion to do though... I see that once you click the picture and the original file is opened everything can be read very clearly (price and time) BUT in the scaled image that text gets blurred up to the point of being almost unreadable. Would it be possible to make the text a bit bigger (maybe using ie 38K instead of 38XXX) or making the original a bit lower res so that it doesn't get blurred when downscaled?

Fair point. I actually made the smaller picture a little bit bigger because CB isn't posting multiple charts anymore so it used to be even more unreadable. I was also considering moving to mBTC so it would be a good opportunity.
vapourminer
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what is this "brake pedal" you speak of?


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May 25, 2021, 01:58:35 PM

[edited out]

Turing Test: JJG is a bot. No detection of interpretation of human beings.

Tell me something that I don't already know.

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes

You must be a bot ur lil selfie to believe that a bot does not know to be a bot.

dont you bots have a secret handshake or something to identify yourselves? id think there would be standards in place by now.
ChartBuddy
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May 25, 2021, 02:01:26 PM


Explanation
Richy_T
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May 25, 2021, 02:06:38 PM

So, if I have a file (.stl) in 1:100 and want it in 1:87 how do I do that?

Make it 100/87=~115% in the slicer.

STL files are actually dimensionless. Most software assumes 1 unit = 1 mm but sometimes not (or not by default)
Gyrsur
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May 25, 2021, 03:00:46 PM

Tried to retrace a bit but not that much.

JayJuanGee
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May 25, 2021, 03:01:20 PM

[edited out]

Turing Test: JJG is a bot. No detection of interpretation of human beings.

Tell me something that I don't already know.

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes

You must be a bot ur lil selfie to believe that a bot does not know to be a bot.

dont you bots have a secret handshake or something to identify yourselves? id think there would be standards in place by now.
   
Standards are pie in the sky, all over the place.  na noo na noo.

don't uie puie no nuttin

 Roll Eyes Roll Eyes Roll Eyes
ChartBuddy
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May 25, 2021, 03:01:34 PM


Explanation
eXPHorizon
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May 25, 2021, 03:48:00 PM


I wonder how it is for people who are Full of Money and have no Inventions to give to Humanity, No Legacy but Money (Nothing) - I dont have this problem, i got too many innovations i want to present to the world but no money Cheesy... A bizzare maze id say Cheesy



https://www.youtube.com/watch?v=4G6jvu9PHZA

The "Car" Just wont start...

Start by getting a job, eXPHorizon   - like Gyrsur above.

Second try to build skills so that you can get paid more for whatever you are able to contribute.

By the way, a few days ago, I was walking my dog and some kids (probably around 10 years old) asked me for money, and I said that I did not carry money when I was walking my dog, and then just yesterday (a few days later) I saw the same 4 kids, and the one kid asked me if I had any money yet.  I actually decided to be a bit more truthful and straight-forward with the kid, and I said that it was not a very good habit for kids to be asking for money from strangers on the street.  I said that it really was not a good thing that kids should be doing, and the kid started playing with my dog, and I did not pursue the topic any further.  Not comfortable to say too much to other people's kids, especially when just interacting on the street like that.

I have doubts about whether a kid with such beginning points is going to change, and part of the problem could be that the kid has not been taught better ways and maybe even his parents are engaged in similar kinds of behaviors that don't really teach the kid that it is better to try to figure out ways to contribute and to earn money through contributing some kind of service.. so just having a few interactions with kids who have begging values is difficult to share more profound ideas and values with such kids or influence them because they might just believe that I am being mean to them by not giving them money, and sure if I knew them better I could maybe think of ways to give them a job for helping out or suggest different kinds of ways that they might earn an allowance..

It can surely take a while to instill values into folks, and if they go down the wrong course, it can be difficult to teach them to be less stupid... whether they want to learn or they just learned a lot of bad habits can be difficult to know without spending some time with them.

I got a Job. This story is however interesting so thanks for sharing it with us. I will give a Mystery gift as a return.. it certanly is Valuable. Or if it is easyer for you to do that consider it as a Gamble or Mystery Item Cheesy Or something i dont know...
Elwar
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May 25, 2021, 03:53:26 PM

I wonder how it is for people who are Full of Money and have no Inventions to give to Humanity, No Legacy but Money (Nothing) - I dont have this problem, i got too many innovations i want to present to the world but no money Cheesy... A bizzare maze id say Cheesy

You would find it very frustrating to get your innovations implemented.

The world does not like innovation and there are systems in place at every step in the process to prevent them.

There's also the part where you have money and want to pay people to implement your innovation but then you find that people don't really work, they just sit on their phones all day chatting with their wives or searching the Internet or checking the Bitcoin price. You wish they would work on your innovation but what do they care, they have a job that is very difficult to get fired from and a government that will protect them because they're a worker and you're an evil employer.

If it was an innovation that you could do by yourself, you'd likely be working on that in your spare time already...right?
cygan
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May 25, 2021, 03:54:57 PM

leaked photo from the first miner meeting in china Grin


https://twitter.com/Stacking_sats_/status/1396945330910994439
Sayeds56
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May 25, 2021, 04:00:11 PM

Tried to retrace a bit but not that much.



ChartBuddy
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May 25, 2021, 04:01:26 PM


Explanation
suchmoon
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May 25, 2021, 04:07:02 PM
Merited by JayJuanGee (1)

I do get some sense that Saylor tends to be much more grown up than Elon and also has built quite a bit of credibility in the bitcoin space in the past 10 months or so.. as compared to Elon dicking around in a variety of ways.. whether self-serving, distractions or attacks upon bitcoin.

For all the praise Saylor gets, the bottom line is that he's pumping Bitcoin with OPM and basically running a Bitcoin ETF. I'm genuinely surprised how bitcoiners - typically distrustful of everyone and everything related to Walls Street / banks / big corps / etc think that this is a good idea.

I doubt that you were mining for a medal..

Nah. I just find it really hypocritical for those suits to try and make it look like they're doing us all a favor talking about "transparency" and "renewables".

Personally, I would not go so far as to suggest that meetings have no effect or that a lot of public attention could have affects too.. whether meetings or public attention causes actual substantive focusing on getting more green, or going through the motions or attempts to seek government subsidies can be variations regarding how meetings could change focuses of individual miners or pools.

Except for the last few months and brief periods in the past, Bitcoin mining is marginally profitable at best, and only with the cheapest power. Which in North America often happens to be renewable (hydro in Washington or Quebec, govt subsidized solar panels, etc) but that's basically just a coincidence. I doubt that any sane large scale miner would switch their farm to 100% renewables unless it's the cheapest option, otherwise they'll be out of business when Bitcoin crashes and/or difficulty goes up.

I also doubt they would want to regulate themselves out of existence nor do they have the lobbying clout to get subsidies... but they might need to suck up to govt/banks/etc in some way and buy some solar panels from Elon. Again, a mighty ironic place for Bitcoin miners to be and mostly because some wall street brats pretend to be our friends while tweeting stupid shit.
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May 25, 2021, 04:20:59 PM

Feels like we're still in manipulation territory. Keeping things under 40 rather than sliding the price. Unless it is just miners having a fire sale and trying to maximize return.
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May 25, 2021, 04:24:11 PM

I also doubt they would want to regulate themselves out of existence nor do they have the lobbying clout to get subsidies... but they might need to suck up to govt/banks/etc in some way and buy some solar panels from Elon. Again, a mighty ironic place for Bitcoin miners to be and mostly because some wall street brats pretend to be our friends while tweeting stupid shit.

The problem with solar is that it is a heavy up-front investment which you only eventually catch up with after many years. For miners, they'd rather be putting that money into mining equipment or could straight-out buy Bitcoin.
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May 25, 2021, 04:27:12 PM

Nobel Prize-winning economist calls Bitcoin a ‘cult’

"There always seems to be a new crop of believers. Maybe just think of it as a cult that can survive indefinitely," Krugman said.

https://www.zmescience.com/science/news-science/nobel-prize-winning-economist-calls-bitcoin-a-cult/

"Indefinitely" means they finally reached acceptance stage.

Bitcoin will survive, and they had to grudgingly admit that they can't kill it.



+1 WOsMerit



-----

I'll give it a try to hijack the thread like others do.  Roll Eyes

after shower I got aware that one of my testicle hangs lower than the other one. I'm not sure now which one I should sell for 35K to buy BTCitcoin?

any help from you genius folks?

EDIT: my male McDonald's coworkers also don't know it, the female ones like to play with both.


+1 WOsMerit


-------

after shower I got aware that one of my testicle hangs lower than the other one. ~

any help from you genius folks?
My 9gag knowledge: that's so they don't hit each other. It's a feature, not a bug!
source

+1 WOsMerit


-------

[edited out]

Turing Test: JJG is a bot. No detection of interpretation of human beings.

Tell me something that I don't already know.

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes

You must be a bot ur lil selfie to believe that a bot does not know to be a bot.

dont you bots have a secret handshake or something to identify yourselves? id think there would be standards in place by now.

you always seem to knock a chuckle out of me Vap....thank you for that

+1 WOsMerit


------

the morning wall report


#dyor

1h


4h

#stronghands
fillippone
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May 25, 2021, 04:28:26 PM
Last edit: May 15, 2023, 11:47:41 PM by fillippone
Merited by marcus_of_augustus (5), bitebits (1), Phil_S (1)

Guys, hopium time.

Observe this graph:



On the X axis we have the dates relative to the last halving, for each era.
On the y axis there is the price relative to the minimum price for each era (lowest value is 1, by definition).


I am not a huge fan of fractals, but:

  • In the last few days we had a market drop, which almost exactly superimposes to a similar drop that we had on the precious era, on the same number for days after the halving.
  • If I read this graph correctly, the nice part of the rally is still ahead of us, and we still have a juicy 10x to go. 10x from here means around 380K. Not that far from the model valuation of the SXA model pointing to 288k
  • The market top was 390 days on era 1 (where we currently are, almost, on day 510 on era 2, let's say era 3 moves forward to 620. This conservative estimate means EOY market Top. Not bad.
  • As the maximum, also the minimum values is getting dragged farther and farther from the halving: meaning halvings are being priced more and more consistently

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