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

[BitcoinBunny]

Ghostbusters Afterlife is pretty decent I thought.
Lot of nostalgia.
Maybe some pacing issues but quite a bit of fun.
Don't go in expecting too much though and avoid spoilers if you can.

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[ChartBuddy]

Explanation

[LFC_Bitcoin]

Man, I can literally see LFC and Arrie fuming...

Hang in there guys. $100k is not too far away. One more year at most. You HoDLed through a lifetime. What's another year?

HoDL, brothers!

75% of my stash goes nowhere this cycle. I have sold some at $60,000 & at $65,000. I even panic sold some at $57,xxx & $56,xxx recently. I have extracted a large amount of cash already & have some corn on an exchange which will be sold this year too. I’m waiting for hopefully better prices before the bull run ends on them though.

I can guarantee 75% of my stash isn’t touched this cycle. Some I’ve sold already though & that will total 25% before Christmas. I won’t regret it either. I will be retired at 35 with a new home without a mortgage, no debt, a lump sum of fiat to get me through to the next cycle. Probably look to invest in some stonks & maybe a small apartment or two to rent out also.

75% going nowhere though.
25% partially sold & will all be sold by New Year.

No regrets, after buying & HODLING since 2014 this is the first time I’ve extracted significant funds from bitcoin. I think I deserve it, less pressure & panic watching charts. Peace of mind is something important I think.

[Syke]

I have extracted a large amount of cash already & have some corn on an exchange which will be sold this year too. I’m waiting for hopefully better prices before the bull run ends on them though.

My cash goes into stablecoins to earn 10% apy or more.

[ChartBuddy]

Explanation

[realsteelboy]

Man, I can literally see LFC and Arrie fuming...

Hang in there guys. $100k is not too far away. One more year at most. You HoDLed through a lifetime. What's another year?

HoDL, brothers!

75% of my stash goes nowhere this cycle. I have sold some at $60,000 & at $65,000. I even panic sold some at $57,xxx & $56,xxx recently. I have extracted a large amount of cash already & have some corn on an exchange which will be sold this year too. I’m waiting for hopefully better prices before the bull run ends on them though.

I can guarantee 75% of my stash isn’t touched this cycle. Some I’ve sold already though & that will total 25% before Christmas. I won’t regret it either. I will be retired at 35 with a new home without a mortgage, no debt, a lump sum of fiat to get me through to the next cycle. Probably look to invest in some stonks & maybe a small apartment or two to rent out also.

75% going nowhere though.
25% partially sold & will all be sold by New Year.

No regrets, after buying & HODLING since 2014 this is the first time I’ve extracted significant funds from bitcoin. I think I deserve it, less pressure & panic watching charts. Peace of mind is something important I think.

I think we’re on similar pages.

All about being completely chilled and comfortable while still retaining skin in the game. If it goes mental In the next cycle you’re not going to regret living life to the max for the next four years.

 

[ChartBuddy]

Explanation

[hisslyness]

What is soon in your sentence?

By the end of next year cryptocurrency will be as irrelevant as the metaverse.

I suspect we will go up again straight after Thanksgiving in the US. Many bonuses being paid in the last 5-6 weeks of the year. That money is going to go somewhere. Not 0% savings accounts I suspect.

0% savings accounts will prove a better store of value over the long term than cryptocurrency.

You say a lot of dumb shit, but this is probably one of the dumbest shit i've read. 0% savings accounts!.. Tell that to the people of Turkey who just lost 20% of the value of their printed fiat!

Unless you are increasing your wealth 10%+ every year, you are being left behind!! #HFSP

BTW we all know you have 1000+ Bitcoin... So i rarely take any of your shit seriously! #SHODL (Secret HODLer)
 

[naim027]

Hmm, I never saw Purple Thing in Trading  

 
Ah, Green? I love Green. I don't care whatever it is. ex: green candle, green spikes

But, here is mine, Sad Life. market Down  

[strawbs]

It's actually an electric furnace which heats water supplied to wet radiators (with hot water coming from a completely different electric immersion heater) - there is no gas in my rural location. It was installed many years before I bought the house and there seem to be hardly any of them around. I think it probably dates back to the early 1990s. There has been some kind of electrical overloading which has fried at least one, maybe all three, of the internal relays. There's also no guarantee that the element itself hasn't gone too. The manufacturer no longer exists and a search online for known spare part numbers has proved fruitless. So I could spend ages trying to source spare parts; and/or pay 100s for a call-out and repair fee with no guarantee of success; or buy an equivalent modern replacement furnace.

This is the kind of thing where parts continue to be available forever and they are often interchangeable (standard) so it's probably worth to keep investigating a bit more. It just depends which of the bits are broken. When you say relay, do you mean thermostat? Or is it part of the pumping system?

I've now found that the three relays are indeed fried, along with some associated wiring, but I've now taken one of the relays out so I can see exactly what type it is:



And you're absolutely right Richy, they seem to very standard and still available, such as https://uk.rs-online.com/web/p/non-latching-relays/2452087. So, I'm off to get three of them.....

I wish I knew more about electrical stuff. And lots of other things....

[Dabs]

It seems that I recall seeing something like that in the past.  

Who are you quoting?

It's reminiscent of this:

“I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.”

I just saw Dune: Part 1. I can't remember the previous movie so long ago, but this new one, of course has better CGI and giant worms.

[ChartBuddy]

Explanation

[d_eddie]

I have extracted a large amount of cash already & have some corn on an exchange which will be sold this year too. I’m waiting for hopefully better prices before the bull run ends on them though.

My cash goes into stablecoins to earn 10% apy or more.

That sounds like a plan. I like this.

[philipma1957]

https://twitter.com/Cointelegraph/status/1463366530733727747?




The $46.8 billion Aussie retirement savings fund Rest Super has said it is working to provide crypto exposure to its members under its diversified portfolio.

...

Looks like some good news here.

I wonder if 4 cycles will slowly vanish or morph into other patterns.


Other news

https://twitter.com/i/events/1463434373861044224

this will be an attempt to alter  asteroid path.


Please connect some dots.

Musk
Bezos
Nasa

Altering asteroid path

Psyche
Gold
BTC





I am at 64 years old I need to get to say 94 to see those dots connected. 

But mark my words Gold will drop in value and BTC will take it over = connected Dots.

[Torque]

And you're absolutely right Richy, they seem to very standard and still available, such as https://uk.rs-online.com/web/p/non-latching-relays/2452087. So, I'm off to get three of them.....

I wish I knew more about electrical stuff. And lots of other things....

Good call in also replacing any wiring you see, even if it doesn't look fried (or too fried). With wiring, looks can be deceiving...

[Dabs]

And you're absolutely right Richy, they seem to very standard and still available, such as https://uk.rs-online.com/web/p/non-latching-relays/2452087. So, I'm off to get three of them.....

I wish I knew more about electrical stuff. And lots of other things....

Good call in also replacing any wiring you see, even if it doesn't look fried (or too fried). With wiring, looks can be deceiving...

While you are at it, get fatter wires. Solid wires? Or maybe just a bigger gauge. Something that can handle double the amperage of your current set up. Thin wires tend to heat up and melt when there are short circuits. Get nice breakers or fuses or something too.

But thicker wires.

[ChartBuddy]

Explanation

[philipma1957]

lastly once you repair it.

buy more relays for the next time.

along with spare wire

and a crimping tool

put it all in a tool bag near the furnace.

old gear is like that.

i had to repair my 22 year old gas furnace three times in five years.

wont even begin to say how often i repaired the dodge slant six engine. in my 1976 car.

same shit would break over and over every 15k miles

[marcus_of_augustus]

It's actually an electric furnace which heats water supplied to wet radiators (with hot water coming from a completely different electric immersion heater) - there is no gas in my rural location. It was installed many years before I bought the house and there seem to be hardly any of them around. I think it probably dates back to the early 1990s. There has been some kind of electrical overloading which has fried at least one, maybe all three, of the internal relays. There's also no guarantee that the element itself hasn't gone too. The manufacturer no longer exists and a search online for known spare part numbers has proved fruitless. So I could spend ages trying to source spare parts; and/or pay 100s for a call-out and repair fee with no guarantee of success; or buy an equivalent modern replacement furnace.

This is the kind of thing where parts continue to be available forever and they are often interchangeable (standard) so it's probably worth to keep investigating a bit more. It just depends which of the bits are broken. When you say relay, do you mean thermostat? Or is it part of the pumping system?

I've now found that the three relays are indeed fried, along with some associated wiring, but I've now taken one of the relays out so I can see exactly what type it is:



And you're absolutely right Richy, they seem to very standard and still available, such as https://uk.rs-online.com/web/p/non-latching-relays/2452087. So, I'm off to get three of them.....

I wish I knew more about electrical stuff. And lots of other things....

... that looks like you've had a quite substantial power surge or some other over-current situation and close to a fire even, it's quite likely fuses will be blown and other electrical bits might be blown/melted also

... you need an electrician to check the wiring if you're not confident doing electrical work, you don't need a plumber

... it's odd that it has been working fine since 1990 to get such a dramatic failure, maybe you had a lightning strike?

... or if these relays are controlling the power to the main heating element then that might be blown or shorted which caused the overcurrent that fried these relays but the fuses should have blown first and protected these

.... if these relays control the circulation pump then that could be blown also which caused the overcurrent but then same as above, fuses should have protected the relays

... unless it was lightning strike or power surge from the grid (how stable is the power in your area?) then something deeper is amiss ...

.... don't listen to these guys saying to replace the wiring which is a big job for an amateur, not a quick fix,  you just need to either to get this running again so you don't freeze or replace the whole system as you said earlier

... my advice at this point is get an electrician asap, doesn't need to be heating specialist even

[tertius993]

And you're absolutely right Richy, they seem to very standard and still available, such as https://uk.rs-online.com/web/p/non-latching-relays/2452087. So, I'm off to get three of them.....

I wish I knew more about electrical stuff. And lots of other things....

Good call in also replacing any wiring you see, even if it doesn't look fried (or too fried). With wiring, looks can be deceiving...

This is good advice - wiring that gets hot tends to break down, increasing resistance, increasing electrical load until something breaks - like your relays.  

Totally different situation but my Lotus used to eat alternators like they were going out of fashion, until we realised that the wiring was running too close to the manifold (mid-engine, packed engine bay, little space) the wiring was getting hot from the exhaust, starting to break down internally, increasing the load on the alternator until the alternator burnt out.  The solution was to splice in a new longer section to the loom and re-route the cabling to the alternator so it didn't get so hot.

Perhaps something similar happens in your furnace?

(Note: I am not an electrician and my comments needed to be treated as such!)