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

[Arriemoller]

Going down yo!

[1715155821]

1715155821

[1715155821]

1715155821

[cAPSLOCK]

we are back on track guys...

Bitcoiners are so lucky

https://twitter.com/LinaSeiche/status/1429664737567010816

Precisely this. My friend who has been doing the standard meme things (buying shitcoins, selling during the last correction and setting his buy orders $5 below the bottom, trading with all his stash etc) now has cold feet because Bitcoin "is too volatile and manipulable by big players" and can't be convinced that it's any better than fiat or, as he says, "the old system" because of that. Seems to be getting him quite anxious and he just can't understand how I can hodl and be cool as a cucumber.

JJG, your value post is precisely what I mean. Negotiation is the exploration of who gets what share of the excess value. I'd say it's almost never evenly divided and no reason it should be.

If I am following that last bit correctly, it is actually something I comfort myself with.  Because we live in a world where to many of us there is this obvious low hanging opportunity and yet the masses seem to be 99% blind.

That's the weird catch-22 in every life changing chance we get.  If they were not hard for most to see, then it would not really be the opportunity it isin the first place.  Chicken, meet egg.

[Richy_T]

And also, I had no idea cars doesn't have distributor caps anymore.

Yep. Haven't had a distributor since 2000 and that was my wife's mini. My current car doesn't even have spark plugs

[gembitz]

GOOD MORNING //50K CHOP CHOP =)))YEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

[cAPSLOCK]

Going down yo!

Looks to me like a pretty normal pullback with the RSI on the hourly (and actually the daily) bouncing off 70, like it likes to do... 

Good even tempered price appreciation.  no parabolas here yet.  A good thing.

[Richy_T]

If I am following that last bit correctly, it is actually something I comfort myself with.  Because we live in a world where to many of us there is this obvious low hanging opportunity and yet the masses seem to be 99% blind.

That's the weird catch-22 in every life changing chance we get.  If they were not hard for most to see, then it would not really be the opportunity it isin the first place.  Chicken, meet egg.

The last bit was just an aside to JJG. I couldn't be bothered to quote him properly as I'm still on my first coffee. I probably should have added a horizontal line or something.

[vapourminer]

And also, I had no idea cars doesn't have distributor caps anymore.

Yep. Haven't had a distributor since 2000 and that was my wife's mini. My current car doesn't even have spark plugs

i dont miss distributors.. use to keep a can of WD40 (or wire dryer) in the vehicles to spray the coil, cap and plug wires when they got wet.

[Arriemoller]

And also, I had no idea cars doesn't have distributor caps anymore.

Yep. Haven't had a distributor since 2000 and that was my wife's mini. My current car doesn't even have spark plugs

Diesel doesn't count

So how does it work nowadays then?

[Richy_T]

i dont miss distributors.. used to keep a can of WD40 (or wire dryer) in the vehicles to spray the cap and plug wires when they got wet.

Me either. I got stranded on the side of a motorway because of a faulty distributor cap once. Got religious about distributor maintenance after that.

[Richy_T]

So how does it work nowadays then?

Typically the points are done solid state and you just have a coil per plug or cylinder (coil packs). So no need to be switching high voltages around and no moving parts.

Fans are no longer driven with fan belts either No more shoving cardboard down the front of the radiator on cold days.

[nanobtc]

And also, I had no idea cars doesn't have distributor caps anymore.

Yep. Haven't had a distributor since 2000 and that was my wife's mini. My current car doesn't even have spark plugs

Diesel doesn't count

So how does it work nowadays then?

https://en.wikipedia.org/wiki/Engine_control_unit

[Arriemoller]

So how does it work nowadays then?

Typically the points are done solid state and you just have a coil per plug or cylinder (coil packs). So no need to be switching high voltages around and no moving parts.

Fans are no longer driven with fan belts either No more shoving cardboard down the front of the radiator on cold days.

Sounds great, wish that could be retrofitted to my car.

[Arriemoller]

I actually did the cardboard thing last winter, I have trouble getting the car really hot. One of the reasons I'm changing the fluid, I'm gonna flush the heatpack.

[Paashaas]

Substack is now accepting Bitcoin payments on the Lightning Network powered by Bitcoin payment processor OpenNode.

[Arriemoller]

And also, I had no idea cars doesn't have distributor caps anymore.

Yep. Haven't had a distributor since 2000 and that was my wife's mini. My current car doesn't even have spark plugs

Diesel doesn't count

So how does it work nowadays then?

https://en.wikipedia.org/wiki/Engine_control_unit

Thanks.

That would make me so nervous, I would constantly expect the computer stuff to break down and leave me stranded by the wayside.

[ChartBuddy]

Explanation

[Arriemoller]

Going to bed really early today, so good night guys.

[goldkingcoiner]

Going to bed really early today, so good night guys.

Have a nice dream

[xhomerx10]

Going to bed really early today, so good night guys.

 It's still morning!

[Copetech]

I actually did the cardboard thing last winter, I have trouble getting the car really hot. One of the reasons I'm changing the fluid, I'm gonna flush the heatpack.

Be sure to check your thermostat (or just pick up a new one, they aren't expensive) as they frequently get stuck open allowing cold coolant from the radiator to mix in constantly and preventing the engine from reaching optimal temperature in cold weather.

I  actually prefer the old distributor design over the new coil packs. Much easier to diagnose and get back up and running in an emergency situation. Plus, you don't have to replace 6 expensive coil packs if you only have one coil. (I drive 60k miles per year for work so I end up with a 250k+ car every 3 years and start looking to replace it with a 10 yr old reliable model under 100k)