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

[JSRAW]

Kabul is fucked by Washington real bad.

only Kabul?

No takers for Islamabad atm due to obvious reasons.

[1714646019]

1714646019

[1714646019]

1714646019

[1714646019]

1714646019

[shahzadafzal]

Kabul is fucked by Washington real bad.

only Kabul?

No takers for Islamabad atm due to obvious reasons.

Only if they could… that would have been a “fanatics tea” party!!

[ChartBuddy]

Explanation

[Tash]

Huh...I wonder if anyone has his keys...

https://www.marketwatch.com/story/bitcoin-pros-speculate-over-possible-loss-of-2-billion-crypto-fortune-after-death-of-one-large-owner-11625255745?siteid=yhoof2

Nothing to worry about, Bitcoin god has it all under control.

He personally never had an account here on forum his authorised agent (MPOE-PR, goddess); Why MP is your God

Since some of the noobs here have no idea Bitcoin is MP's world and you're all just living in it

https://bitcointalk.org/index.php?topic=271711.0

Gasconading about a small monthly loss MPOE/MPEx March 2013 statement shows a 27,794.62815427 BTC nominal loss
https://bitcointalk.org/index.php?topic=161306.msg1704145#msg1704145

The other Bitcoiners keep saying go to agent as he tries to promote bitcoin and hire topless model.
https://bitcointalk.org/index.php?topic=188353.msg1951479#msg1951479

Warned everyone about MtGox long before it shut down.
https://bitcointalk.org/index.php?topic=140484.msg1495321#msg1495321

[philipma1957]

Huh...I wonder if anyone has his keys...

https://www.marketwatch.com/story/bitcoin-pros-speculate-over-possible-loss-of-2-billion-crypto-fortune-after-death-of-one-large-owner-11625255745?siteid=yhoof2

Nothing to worry about, Bitcoin god has it all under control.

He personally never had an account here on forum his authorised agent (MPOE-PR, goddess); Why MP is your God

Since some of the noobs here have no idea Bitcoin is MP's world and you're all just living in it

https://bitcointalk.org/index.php?topic=271711.0

Gasconading about a small monthly loss MPOE/MPEx March 2013 statement shows a 27,794.62815427 BTC nominal loss
https://bitcointalk.org/index.php?topic=161306.msg1704145#msg1704145

The other Bitcoiners keep saying go to agent as he tries to promote bitcoin and hire topless model.
https://bitcointalk.org/index.php?topic=188353.msg1951479#msg1951479

Warned everyone about MtGox long before it shut down.
https://bitcointalk.org/index.php?topic=140484.msg1495321#msg1495321

And while this is sad kind of if they are lost.  So what in a way.

But if Mr V were to die what would do to the coin called E..


Which is why BTC is far far far far better choice to hodl.

While the new diff is a very early number it is at -16.4%

https://diff.cryptothis.com/

Latest Block:   689534  (35 minutes ago)

Current Pace:   83.5839%  (63 / 75.37 expected, 12.37 behind) -16.4% real time

Previous Difficulty:   19932791027262.74                            
Current Difficulty:   14363025673659.96                            
Next Difficulty:   between 12151615800951 and 14203993037570
Next Difficulty Change:   between -15.3965% and -1.1072%
Previous Retarget:   Today at 2:25 AM  (-27.9427%)
Next Retarget (earliest):   July 17, 2021 at 6:28 AM  (in 13d 15h 29m 52s)
Next Retarget (latest):   July 19, 2021 at 8:24 PM  (in 16d 5h 25m 44s)
Projected Epoch Length:   between 14d 4h 3m 36s and 16d 17h 59m 28s

 ...

If we hold price at 32-36k range and hold the next mining drop at 16.4%

the remaining miners will  will get to have 2 months of mining profits in under 1 month.

This is a new thing. It may have been engineered by Bitmain and could be how they are dealing with the chip shortage.

Can't sell gear and mine at the same time.

Well then lets cut 1/2 the worlds mining ability while you do not 1/2 your gear.

Thus you 2x your mining profits .

[ChartBuddy]

Explanation

[philipma1957]

Buddy keep us over 34k while I stack sats the next two weeks.

Also talk to the diff and make sure hash gets cut some more.

The next two weeks are really critical. 

[ChartBuddy]

Explanation

[El duderino_]

Artist depiction of Bitcoin blackhole consuming JPMorgue neutron star (shriveled corpse of a former sun)

Sorcerer... good prediction...

[AlcoHoDL]

[...]

Gasconading...

[...]

Sorry about the pointless post, but...

GASCONADING (!)

I thought I was good at English. I learned a new word today!

Last time this happened was when Bob was not so busy with his Ranch, and used to post some cool phrases/words.

[ChartBuddy]

Explanation

[marcus_of_augustus]

What? How is this how Cobra helping Bitcoin? Did he accept the defeat?
The court case was about Bitcoin Whitepapper not about the open source license software.

.... none of this makes any sense, the judge must have been an incompetent idiot, the bitcoin code and whitepaper were released together under MIT open source licence

.... there basically are no copyrights applying as MIT licence is the most permissive for protecting copying and dissemination

[Hueristic]

   

Ha sage the rainforest.
Your guess is as good as anyone's, but nobody can predict the future, in 10 years you can have a good fucking laugh by reading through a selection of WO posts, mostly yours.

What are you talking about?

You can have a good laugh reading his posts now if idiocy amuses you.

[LFC_Bitcoin]

.... none of this makes any sense, the judge must have been an incompetent idiot, the bitcoin code and whitepaper were released together under MIT open source licence

.... there are no copyrights applying and MIT licence is the most permissive for protecting copying and dissemination

@marcus

He refused to give evidence as his real identity. The judge awarded the case to CW as a default judgement.
Cobra even attended the hearing but wouldn’t testify under his real name so there we go.

 

[marcus_of_augustus]

What? How is this how Cobra helping Bitcoin? Did he accept the defeat?
The court case was about Bitcoin Whitepapper not about the open source license software.

.... none of this makes any sense, the judge must have been an incompetent idiot, the bitcoin code and whitepaper were released together under MIT open source licence

.... there are no copyrights applying and MIT licence is the most permissive for protecting copying and dissemination

@marcus

He refused to give evidence as his real identity. The judge awarded the case to CW as a default judgement.
Cobra even attended the hearing but wouldn’t testify under his real name so there we go.

 

... the judge is an idiot if he doesn't spend 5 minutes looking at the MIT license to know it is a spurious, vexatious lawsuit that is exploiting his court ... unless he's somehow in on the scam

[Hueristic]

I have never seen a Bitcoin mining farm do this before.
https://twitter.com/EoinHiggins_/status/1411075158006284290

https://www.cnn.com/2021/07/03/americas/gulf-of-mexico-fire-intl/index.html

These petrocorps are Evil incarnate and need to pay every cent of profit they make into a global rehabilitation plan for our Planet until they Chapter 7 and worm's gnaw on their corpses.

Must be the wind turbines fault somehow.

[ChartBuddy]

Explanation

[nutildah]

... the judge is an idiot if he doesn't spend 5 minutes looking at the MIT license to know it is a spurious, vexatious lawsuit that is exploiting his court ... unless he's somehow in on the scam

The judge followed precedent and did what was expected. Its not a failing on his part so much as the UK legal system.

Regardless, the issue only affects those in the UK, who can quite easily get around it with a VPN.

[Hueristic]

... the judge is an idiot if he doesn't spend 5 minutes looking at the MIT license to know it is a spurious, vexatious lawsuit that is exploiting his court ... unless he's somehow in on the scam

The judge followed precedent and did what was expected. Its not a failing on his part so much as the UK legal system.

Regardless, the issue only affects those in the UK, who can quite easily get around it with a VPN.

Umm so, Nuremberg defense for the judge?

[philipma1957]

@WClementeIII
Bitcoin is now in heavy accumulation. Supply shock in play.

There's been a clear bull div in strong hand buying vs price, but check out that big spike printed last night.

This force is pushing up against price.

thanks: @woonomic for helping me create this
data: @glassnode
https://twitter.com/wclementeiii/status/1411319757442359302?s=21


@WClementeIII
And check out this spike in whales.

Whales added 64,137 BTC to their holdings yesterday.
https://twitter.com/wclementeiii/status/1411319763574349831?s=21


@WClementeIII
Exchange inventories are down -24,259 BTC in the last week, now trending sideways bullish
https://twitter.com/wclementeiii/status/1411319767840047111?s=21

I want this to be the direction we go in.

This time is different is actually true.

Chip shortage caused an inability to build and sell a shit ton of gear.
Now a "power" or farm shortage has caused an inability to mine with gear on hand.

Thus getting coins via mining is easier.

I now am running a  mine  of about 1700 x 0.00000927 x 30 =  .47277 coins a month that is divided among a few people and bills

When the diff was  25.05 we did 0.26988 coins a month.

The major play happening is being done by hashrate drop.

look at this from the point of a big corporation controlling huge mining facilities.

if they had 1.7 eh vs 1.7ph they now earn

.47277 x 1000 = 472.77 coins a month

vs

.26988 x 1000 = 269.88 coin a month

I can assure you bitmain has more the the 1.7eh I just mentioned.

They did claim 10% of the worlds hash which would have been over

17eh

If their strategy was to have that out of china and then shut their china clouds down that they rented to smaller players.

that 17eh out of China could be in play

and they would be earning 4727.7 coins a month vs 2698.8 coins per month.

So yeah it is a different thing this time.

Could Be very good.

Here is one cloud mine shut down by via btc that I know was a joint agreement with bitmain

https://support.viabtc.com/hc/en-us/articles/4402753997721-Announcement-on-the-Termination-of-ViaBTC-cloud-mining-service


It was a very big mine.

So shut all of them down in china and keep 2 open elsewhere that you hash.  you get 2x the coins

this could be super bullish move here. (I hope)