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

[ChartBuddy]

Explanation

[Biodom]

One of them wants to show me how magnets stick to their arm now.  Wish I was making it up

I am sorry, but he is full of s-t, you can tell him that your friend who has PhD in Biology with 20+ year experience in genetics told you so.
However, if his arm is sweaty, a magnet very well might stick, but it is a property of water (high surface tension) and not any "magnetizing".
Superstition squared.

That's exactly what I thought and intended to call BS as well. So, you know anything about magnetofection? Source looks valid and they're talking the same language (mrna) but I'm not Biology savvy.

Without understanding this rabbit hole, here's another which at least speaks a little of my language.

'Conspiracy' peeps are looking to connect dots with the soon to be 5G tech for a narrative. Would love to tell them to blow it out their ass but it seems wiser to remain objective for now.

yes, there is such thing as magnetic nanoparticles and there is (or rather was since it was not used much since) a method of transfection (introduction of DNA into cells) by USING a magnet and such nanoparticles. In practicality, 100 microliters (0.1 ml) of injection, EVEN if it were those particles (they are not!) could not make anyone magnetized due to the dilution effect (by a factor of 1:50000, counting only blood volume and nothing else).

TL;DR: magnetic nanoparticles are for the use of magnets in cell transfection, nothing else. Using them for mRNA vaccines makes no sense as nobody is being asked to go through a gigantic magnet afterwards, are they?

[shahzadafzal]

The vaccine provides little to no protection from COVID-19.

Cite data supporting this point pls.

Well sure enough vaccine alone does not protect you against catching a COVID-19 virus. Vaccine gives your body and your immune systems to fight against the virus and win against it faster. Your recovery will be fast and your chances of falling ill will be reduced.

COVID-19 vaccines teach our immune systems how to recognize and fight the virus that causes COVID-19

That means it’s possible a person could be infected with the virus that causes COVID-19 just before or just after vaccination and still get sick. This is because the vaccine has not had enough time to provide protection.

https://www.cdc.gov/coronavirus/2019-ncov/vaccines/facts.html

[Biodom]

I kind of got tired of this mini-bear (so far).
What is Mr. Market waiting for? G-7?

[ChartBuddy]

Explanation

[shahzadafzal]

hodlers life

uneducated institutions and retail

Loving your graphs with some memes & comics....

no offence to CharBuddy but come on dumb bot... memeify!!!

[marcus_of_augustus]

I kind of got tired of this mini-bear (so far).
What is Mr. Market waiting for? G-7?

JPMorgan (Feds's market agent/proxy) said target was 35k ... since then price has targeted and oscillated around 35k as if in frequency response to an unsophisticated 2nd order controller.

... wrap a control loop around any market price using options/futures as your input and unlimited control authority (fiat slush fund impervious to losses) and dial in the set point

... these AI neural net controllers are more sophisticated again, adaptive, large state sets, cross-coupling with external variables add in some kalman filtering, stochastics, dynamic programming etc to the witches brew from the quants

[ChartBuddy]

Explanation

[AlcoHoDL]

https://twitter.com/AaronvanW/status/1403701284495110145

Thanks for this, I went through the links. Nice historical references to the progression to where we are now. All the concepts involved are very interesting and significant. Math & science at its best.

My only concern is that the more of such elements one adds to the protocol, the more complex it becomes, and this has the potential to make it less robust (more vulnerable to attacks and other complications). I'm very supportive of any improvement that can add important features to the protocol, but I'm just a tiny little bit concerned of the end result, once the beast is released out in the wild. I trust the developers and I'm sure they've tested everything thoroughly, so hopefully nothing wrong will come out if this, but just a stronger, more capable, more flexible protocol.

[ChartBuddy]

Explanation

[modrobert]

If anyone wants to learn more and have a computer technical/programmer background rather than biology, this article reversing the pfizer mRNA code was very interesting:
https://berthub.eu/articles/posts/reverse-engineering-source-code-of-the-biontech-pfizer-vaccine/

I'm not vaccinated yet, but still willing to take vaccine when it becomes available. After reading about different vaccines a lot I would prefer Sputnik V, because my focus is not political, it's technical, and I rather pick one with better base protection than one with milder symptoms once infected with Covid.

Thank you for pointing me to this, it's been a fascinating hour reading this stuff. Finally STEM (Science Translational Medicine journal) is not only cited, but has excellent information that I can somewhat read :-) Merited the hell out of the post.

Will probably spend the rest of the weekend reading this stuff. I remember hearing about the Tau replacement for U, the fact that they used it like this is a great example of how some discoveries that seem kind of pointless years ago turn out to be very handy later....

You're welcome, and thanks for the merit. I read the article several times to get the gist of it (not quick and smart, rather slow and stubborn), what fascinates me more than anything is the "payload mechanism", and how it avoids detection by the immune system, clever approach.

I kind of got tired of this mini-bear (so far).
What is Mr. Market waiting for? G-7?

JPMorgan (Feds's market agent/proxy) said target was 35k ... since then price has targeted and oscillated around 35k as if in frequency response to an unsophisticated 2nd order controller.

... wrap a control loop around any market price using options/futures as your input and unlimited control authority (fiat slush fund impervious to losses) and dial in the set point

... these AI neural net controllers are more sophisticated again, adaptive, large state sets, cross-coupling with external variables add in some kalman filtering, stochastics, dynamic programming etc to the witches brew from the quants

This is bad news for most of us if true (can you cite something?), assuming "fiat slush fund impervious to losses" is similar to the 0% interest loan (money printer) access?

I was thinking something simpler like many bots running rebalancing individually using statistics which makes price flat (oscillate less) at low volumes, but maybe roughly the same result regarding outcome without having a set price level, just happens to settle around last major volume spike.

If your statement is correct, looks like JPMorgan's strategy still fail a lot when the volume gets high, guess there's hope in that.

[Karartma1]

yeah, taproot locked in. what's next in the bitcoin development pipeline?

Having all the improvements available SOON!
 

[marcus_of_augustus]

jpmorgan calls for 35,000 in january before climbing to 64,000

jpmorgan sets 35,000 target for bitcoin ... after recent fall that looked orchestrated with succesive monthly options expiry plunges (concerted dumps in after hours low liquidity market times as per Plan B's analysis)

[ChartBuddy]

Explanation

[Rath_]

I just started looking at running a node. I watched a video on Umbrel and it seems pretty well set up. My question would be, would I be able to do some sort of custodial wallet for my friends and family that I want to help out? Like let them point to my server and they have some sort of channel on their phone wallet. In a way that they don't have access to my funds but they can use my node at no cost.

It's actually feasible! Umber comes with LND so you should be able to install LNDHub on your own. Your family members would have to install BlueWallet and you would have to guide them to set your node's IP address in the settings. This way, they would be able to take advantage of your node's channels.

I probably missed a ton of Lightning related questions here. I hardly ever browse this thread. Feel free to reply in The Lightning Network FAQ. Also, once you have set up your node, I would like to open a channel to you

[eXPHorizon]

https://www.youtube.com/watch?v=2C8Od8j8hNQ

Elliot and Whiterose scene S04E11 | Mr. Robot

[ChartBuddy]

Explanation

[El duderino_]

Sky is the limit!
Only for the normies, not
for us bitcoiners.

[ChartBuddy]

Explanation

[bitebits]

https://twitter.com/AaronvanW/status/1403701284495110145

Thanks for this, I went through the links. Nice historical references to the progression to where we are now. All the concepts involved are very interesting and significant. Math & science at its best.

My only concern is that the more of such elements one adds to the protocol, the more complex it becomes, and this has the potential to make it less robust (more vulnerable to attacks and other complications). I'm very supportive of any improvement that can add important features to the protocol, but I'm just a tiny little bit concerned of the end result, once the beast is released out in the wild. I trust the developers and I'm sure they've tested everything thoroughly, so hopefully nothing wrong will come out if this, but just a stronger, more capable, more flexible protocol.

I get your concern, any code added increases the attack surface. BUT the beauty is you don't have to use the newly added functionality (as with most other software upgrades). It is a softfork, legacy addresses or multisig not using Schnorr signatures and Tapscript will keep on working just fine (and the Schnorr signature scheme is from 1990 so already rather proven). It is now up to the wallet software providers and blockchain explorers to update their software, for exchanges and third party custodians it will (and probably should) take even longer.

Guess I am trying to say the adoption of Taproot will be slowly over time. It is not that with the Taproot activation in November anything immediately changes to Bitcoin.