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

[HI-TEC99]

Just saw this video on YouTube where there was a website that used to give out 0.001BTC just for visiting the website.
It's crazy, today that amount is worth 32.89$.

The payout began at 5 Bitcoins, then they gradually lowered it as Bitcoin's price increased.

That was over ten years ago though.

For my first Bitcoin coding project, I decided to do something that sounds really dumb:  I created a web site that gives away Bitcoins.   It is at: https://freebitcoins.appspot.com/

Five ฿ per customer, first come first served, I've stocked it with ฿1,100 to start. I'll add more once I'm sure it is working properly.

*snip*

There's a waybackmachine snapshot of it from July 2010.

http://web.archive.org/web/20100703032414/https://freebitcoins.appspot.com/

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[Richy_T]

There's a waybackmachine snapshot of it from July 2010.

http://web.archive.org/web/20100703032414/https://freebitcoins.appspot.com/

750 BTC available...

[ImThour]

A Bitcoin address just did a transaction after being inactive for 9 years.
TX: https://www.blockchain.com/btc/tx/a922ec6d34e1a36cc935c7e9b37b5d8be826e11fb299a25d83285cc8b484e965

Moved 740BTC after 9 years!

[ChartBuddy]

Explanation

[HI-TEC99]

There's a waybackmachine snapshot of it from July 2010.

http://web.archive.org/web/20100703032414/https://freebitcoins.appspot.com/

750 BTC available...

You could buy them for 0.0045 dollars each in May that year, so five wouldn't cost much more than 2 cents.

http://web.archive.org/web/20100528074505/http://newlibertystandard.wetpaint.com:80/page/Exchange+Rate

[xhomerx10]

Dude!  Funny as hell but my young daughter was watching.  A little NSFW warning would have been nice.  Now I have to give her the "money" talk!!

Discount Gilbert Gottfried is OK.

 Thanks  
 He would have been just as funny without all the screaming.

[Richy_T]

Dude!  Funny as hell but my young daughter was watching.  A little NSFW warning would have been nice.  Now I have to give her the "money" talk!!

Discount Gilbert Gottfried is OK.

 Thanks  
 He would have been just as funny without all the screaming.

At least he didn't tell The Aristocrats.

[JimboToronto]

We're going to be sideways at $33k until October... I have the most terrible feeling...

No problema. It's the usual summer doldrums. October will wake things up again. Relax.

Have fun building your ranch. Ant buy the dips (I bought $1kCAD today). Enjoy living happily ever after.

We're counting on you help teach the noobs that Bitcoin brings success and crapto brings failure.

[ChartBuddy]

Explanation

[JayJuanGee]

We're going to be sideways at $33k until October... I have the most terrible feeling...

No problema. It's the usual summer doldrums. October will wake things up again. Relax.

Have fun building your ranch. Ant buy the dips (I bought $1kCAD today). Enjoy living happily ever after.

We're counting on you help teach the noobs that Bitcoin brings success and crapto brings failure.

Well, yeah.. teaching the newbies who want to learn and attempt to adapt the asymmetric bet of bitcoin to their own circumstances.

Of course, there is not necessarily going to be the same kinds of percentage performances when extracting 7.5 years earlier versus some kind of projection of 7.5 years into the future  (hey I am being a little bit selfish by picking my own amount of time in bitcoin).  

What I want to say is that an aggressive bitcoin investment thesis of $500 per month from January 2014 until now would have given about a 38x return with around $45.5k invested and about $1.8 million in value based on current BTC prices, and sure, maybe today a bit more aggressive of an investment amount might be prudent in order to attempt to figure out some kind of a return.. but if you can take steps to assure that you might get to fuck you status before getting to retirement status (and not having to work in circumstances that you would prefer not to in terms of age), then that is a good start... so even being able to get there by the time that you reach 60-ish years old would be good, even though filling the gap in the years in which maybe some income might come in can cause some needs to create some kind of supplemental cushion.

So another aspect is to figure out how much would someone want to be able to bring down the fuck you status age to be able to comfortably get to fuck you status before 60 years old.. maybe when you are 50 years old or 40 years old or perhaps even younger... One thing is actually getting there and another thing is bringing down the age.  The lower you go, then the more you need kinds of fund levels that can hold (or sustain) its value (income generation) perpetually (at least long periods of time).... so many folks do not even make it to a very comfortable status, but then cutting years off and also getting there earlier than expected could be considered reaching and exceeding the goals in and of itself.  

Investing $1k per month might be the new $500 per month, if we are trying to project what might be good for the future as compared to how much might have been needed in the past, especially since there has been a lot of printing of cash in recent times (especially the last year and a half), so everyone should have more cash due to such printing of cash (even if everything costs more at the same time, but delayed gratification means figuring out some ways to invest with what cash that you might be able to generate and to cut down some of the extravagant living that would be carried out too soon by some peeps).

[philipma1957]

at richy-t buddy keeps sliding down the slot of 32-34k and it is just about as boring as me talking about it.

but wtf i actually dont mind the numbers.

[JayJuanGee]

at richy-t buddy keeps sliding down the slot of 32-34k and it is just about as boring as me talking about it.

but wtf i actually dont mind the numbers.

In several of your recent posts of the past months, your interpretation of buddy has not exactly been very deep.. .but I suppose it's all relative in the whole scheme of things... .. especially if you are claiming to serve as a blocker..

 

Who am I to say?

 

Buddy is going to be passing me up in quantity of posts in the next couple of days.. we ONLY have a 23 post spread currently, as I type. I am at 23,105 posts and buddy is at 23,082 posts, and it seems best for me to recognize defeat and proclaim that my lead was fun while it lasted.. (for less than 6 months, I believe)... I might post a lot, but surely I cannot keep up with deeeee when active buddy.  Buddy has a ways to catch up to you Phillip... maybe a few years.. perhaps?  perhaps?

[cAPSLOCK]

I think this current drop is a headfake.  Big move coming, and I am betting to the upside.

 

Or we slideways for months.. I dunno. But I still think the top one.

[ChartBuddy]

Explanation

[HI-TEC99]

...

We're counting on you help teach the noobs that Bitcoin brings success and crapto brings failure.

[ChartBuddy]

Explanation

[Biodom]

...

We're counting on you help teach the noobs that Bitcoin brings success and crapto brings failure.

This was called Crypto before bitcoin even arrived.
Read Crypto-nomicon.

and...crypto, crypto no bot.

[JayJuanGee]

This was called Crypto before bitcoin even arrived.
Read Crypto-nomicon.

and...crypto, crypto no bot.

Good thing that hardly no one (sic) here listens to your dumbass in regards to this particular topic...


Nohomo.


 

[philipma1957]

at richy-t buddy keeps sliding down the slot of 32-34k and it is just about as boring as me talking about it.

but wtf i actually dont mind the numbers.

In several of your recent posts of the past months, your interpretation of buddy has not exactly been very deep.. .but I suppose it's all relative in the whole scheme of things... .. especially if you are claiming to serve as a blocker..

 

Who am I to say?

 

Buddy is going to be passing me up in quantity of posts in the next couple of days.. we ONLY have a 23 post spread currently, as I type. I am at 23,105 posts and buddy is at 23,082 posts, and it seems best for me to recognize defeat and proclaim that my lead was fun while it lasted.. (for less than 6 months, I believe)... I might post a lot, but surely I cannot keep up with deeeee when active buddy.  Buddy has a ways to catch up to you Phillip... maybe a few years.. perhaps?  perhaps?

I am developing a love hate relationship with buddy.
He's boring
He's persistent
But the numbers he keeps hitting really work well for me.
So while I would love for him to go away I don't want my mining position to suffer if he really is holding up the 32-34k slot.

Can we think of a name for  difficulty charts

How about "diff dick"
He keeps the diff going down and down again.

https://diff.cryptothis.com/
...
Current Pace:   91.6737%  (1300 / 1418.07 expected, 118.07 behind)
...                           
Next Difficulty:   between 13175558203580 and 13314407155894
Next Difficulty Change:   between -8.2675% and -7.3008%
Previous Retarget:   July 3, 2021 at 2:25 AM  (-27.9427%)

...

 
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Bitcoin
less boring at -8%



@nohomo

[ChartBuddy]

Explanation