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

[ChartBuddy]

Explanation

[1713554244]

1713554244

[1713554244]

1713554244

[1713554244]

1713554244

[xhomerx10]

 
>99% of WO hatters are not me, and not anything like me.

 Why you gotta be like that? 

[ChartBuddy]

Explanation

[AlcoHoDL]

Warning: LONG post follows. For the impatient, tl;dr-type readers, at the end of the post there is a link to a cool animation that visually captures the entirety of this post!

[...]

WRAPPING IT UP: COMPRESSING THE SPIRAL — VIDEO ANIMATION

For some cool eye-candy, here is an animation I created, which shows the entire process of "compressing the spiral", from 4 weeks all the way up to 4 years! Everything in this animation is generated by MATLAB code and is a result of numerical calculations. Nothing has been added after the fact. Kudos to MathWorks for creating such a powerful and efficient numerical analysis tool—always a pleasure to use.

Bitstamp BTC/USD Polar Chart Animation | 28/11/2014 ~ 07/06/2022 (2749 days)

Enjoy!

Thanks for that.

Relatively few people will click a link.  Thus, after what it took to scrunch this into an embeddable preview GIF under the forum image proxy’s size limit (finally!), I hope this does not offend the visual perfectionist I know you are:



The video is much better.  Direct link, for those who do not want to load Imgur’s Javascript web app:

• https://i.imgur.com/4LZJTpT.mp4  14.42 MiB.  (Copy and paste the link to view/download.  Imgur will probably redirect if it gets a referral header from here.)

Do you have any interest in sharing the source?  If not, I’ll STFU.  Unlike HoDLers who don’t mess with margin, I am too poor to have fancy proprietary software like MATLAB; but I am curious to read and understand what you did—maybe someday port it to another language, if I were to become obsessed with it.

Many thanks for taking the time to convert the video to an animated GIF. It does help in providing an instant view of the animated spiral compression, albeit of much lower quality than the full video.

I've already edited my original post, and provided the MATLAB source code, as you requested. I considered including it when I first made the post, but thought that no one would care to see it. I'm glad that someone does! You can port it to another language, but you'll need to write (or find libraries of) appropriate functions for the polar plot generation, vector/matrix manipulation, and video capture/recording. With MATLAB, all of this is provided.

As for the spiral compression algorithm I'm using, it's rather straightforward, I'm just mapping the entire spiral's linear time to an angular vector, and varying (increasing) the days/cycle amount at each frame, thus compressing the spiral. All this is done in just a single line:

th = 2*pi*(i-1)/c+pi/2;

where th is the angular vector, i is the linear time vector, c is the days/cycle amount (the cycle period), and the π/2 term is just to rotate the spiral by 90° counterclockwise, so that its end lies at the 12 o'clock position in the polar plot. The rest of the code is just for the visualization and video capture.

Edit: Improved clarity by rephrasing sentence.

[hisslyness]

 
>99% of WO hatters are not me, and not anything like me.

 Why you gotta be like that? 

 Phew!.. Thank fuck for that!...

[death_wish]

 
>99% of WO hatters are not me, and not anything like me.

 Why you gotta be like that?  

Why you gotta rip that out of context?

In the context, I was pointing out that on an individual level, I am much less vulnerable to any sort of government action than >99% of people here.  Not invincible—nobody is!—but much less vulnerable.

Although I have never specifically concealed my Bitcoinism, my general privacy practices are so tight that there is no record anywhere that I even know what Bitcoin is.  Thus if, hypothetically, my local government were to ban Bitcoin tomorrow with a penalty of 10 years in prison for HODLing BTC, then I could afford to ignore that if I so choose.

How many people here can say that without being fantastically foolish?  A few, but certainly less than 1%.

How many of the types who brag that “governments can’t stop Bitcoin” can say that?  Probably none:  Fools usually have poor opsec.

How many have never done KYC on a cryptocurrency exchange?

Also relevant:  I have never done KYC on a cryptocurrency exchange.  >99% of WO hatters are not me, and not anything like me.

Never done a Google search on Bitcoin-related terms that could be traced to them?  Never discussed Bitcoin on social media accounts that could be traced to them?  Never even browsed a Bitcoin-related webpage (or for many years, any webpage) without strong privacy protections?

I emphasize again that I am not invulnerable.  Nobody is.  But I am much, much less vulnerable than >99% of WO hatters.

I care so much about what governments do to Bitcoin, because I care about Bitcoin.

 
>99% of WO hatters are not me, and not anything like me.

 Why you gotta be like that?  

 Phew!.. Thank fuck for that!...

If public lurkers judge me by the gracefulness, intelligent discourse, and flowing eloquence of my critics, then I am doing great here.

[xhomerx10]

 
>99% of WO hatters are not me, and not anything like me.

 Why you gotta be like that?  

Why you gotta rip that out of context?

  Because I'm only concerned about your use of the term "hatters"

[ChartBuddy]

Explanation

[nanobtc]

@death_wish   We get it, you've been here. Please turn it down, lest you challenge wordy-man on words per inch.

[ChartBuddy]

Explanation

[hisslyness]

 
>99% of WO hatters are not me, and not anything like me.

 Why you gotta be like that?  

Why you gotta rip that out of context?

In the context, I was pointing out that on an individual level, I am much less vulnerable to any sort of government action than >99% of people here.  Not invincible—nobody is!—but much less vulnerable.

Although I have never specifically concealed my Bitcoinism, my general privacy practices are so tight that there is no record anywhere that I even know what Bitcoin is.  Thus if, hypothetically, my local government were to ban Bitcoin tomorrow with a penalty of 10 years in prison for HODLing BTC, then I could afford to ignore that if I so choose.

How many people here can say that without being fantastically foolish?  A few, but certainly less than 1%.

How many of the types who brag that “governments can’t stop Bitcoin” can say that?  Probably none:  Fools usually have poor opsec.

How many have never done KYC on a cryptocurrency exchange?

Also relevant:  I have never done KYC on a cryptocurrency exchange.  >99% of WO hatters are not me, and not anything like me.

Never done a Google search on Bitcoin-related terms that could be traced to them?  Never discussed Bitcoin on social media accounts that could be traced to them?  Never even browsed a Bitcoin-related webpage (or for many years, any webpage) without strong privacy protections?

I emphasize again that I am not invulnerable.  Nobody is.  But I am much, much less vulnerable than >99% of WO hatters.

I care so much about what governments do to Bitcoin, because I care about Bitcoin.

 
>99% of WO hatters are not me, and not anything like me.

 Why you gotta be like that?  

 Phew!.. Thank fuck for that!...

If public lurkers judge me by the gracefulness, intelligent discourse, and flowing eloquence of my critics, then I am doing great here.

Mate you might be legend in your own lunchbox, maybe it's just me, but i get the impression you are a know-it-all pub trivia champion or fuckwit!

Just because there's apparently no trace of you owning Bitcoin, interacting with Bitcoin, doesn't make it any less illegal (not the right choice of word, but keeping in the theme of less vulnerable), if the above scenario was to come true. You are in the same boat as everyone else! Your Bitcoin is as illegal as my Bitcoin is!...

But hey, spin any which way you want with your gracefulness and intelligent discourse... just don't assume you know everything about everyone here! likewise i wont assume you are a know-it-all pub trivia champion!

BTW aren't you the same guy who lost most of his bitcoins in margin trading? or was that just another one of your misdirection, Harry Houdini trickery... to through off the hounds trying to find out who you are...

[cygan]

[bitebits]

Something is fundamentally different about current halving's "bear market".

https://twitter.com/therationalroot/status/1534509161635106816

[El duderino_]

I’m not trying to find out…

[ChartBuddy]

Explanation

[OutOfMemory]

A functioning society requires, at some level, that people behave decently and in good faith.

If a society degenerates so badly that people take more than they can eat from an all-you-can-eat buffet, then maliciously sneak the destruction of food to evade a policy against waste, then that society is toast.

This stung out to me.
From the geek perspective, a society is implicitly defined and founded by its normality. What goes the most, is valid (== minorities aren't).
So, if most of societies members are large groups with shared mentality, their members can only define themselves on a bigger-faster-better-stronger basis, which leads to all sorts of competition. All kind of negative effects on environment and, at least parts of society, are triggered by this, as well in local as in global societies. There's no real individuailty, because the system, based on normality, doesn't freely allow it. What is outside of social boundaries has to integrate to be a vital part of society.
And, let's be honest, wasting of food is a 1st world problem, because "we" produce about twice as much food as we'd need to feed the world, but most of it gets thrown away.
No tomatoes with spots, no "rusty" bananas, only beautiful food in the shelves, while the (optical) low quality food gets thrown away. Bigger-better-faster-stronger?
Better for the society that is manipulated by advertising media to accept only healthy, perfectly shiny looking raw food.

There's that.

And good faith...
For example, the world sells grain to 3rd world countries in "good faith", while nobody involved seems to be interested to enable them to grow their own.
Good faith does much harm more often than not. Look closely.

I’m not trying to find out…

#nohomo?  

Have a good day y'all!

[BIT-MASTER]

Btc Bad news
 

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[death_wish]

hisslyness, I suspect that you are being intentionally obtuse.  Nonetheless, this needs emphasis for the sake of others:

Just because there's apparently no trace of you owning Bitcoin, interacting with Bitcoin, doesn't make it any less illegal

So what?

(not the right choice of word, but keeping in the theme of less vulnerable),

I chose my words carefully.  You did not read them carefully.

if the above scenario was to come true. You are in the same boat as everyone else!

No, I am not:  I am in the boat where I am free to decide whether or not I choose voluntarily to comply with this hypothetical law that I believe I have an ethical obligation to resist.  Resistance would, in this case, be quite simple for me:  Ignore the bad law.

>99% of WO hatters are not in that boat:  They are known Bitcoiners.  KYC records link them to some or all of their coins; mass-surveillance would link them to anything they believe they can get away with.  Anything that they try to hide can most likely be caught—I say that as an expert on anonymity and, thus perforce, deanonymization; disagree with me at your own risk.  “They” here most likely includes you.

At this juncture, I must remind the intelligent reader:  My point was not to put on some show of bravado, but to the contrary!

I am worried about laws adverse to Bitcoin, even though such laws are personally irrelevant to me.

The fools who brag that governments can’t stop Bitcoin are the types who would easily be stopped from using Bitcoin.  Easily.

I have a high degree of financial privacy, because I have an activist streak.  All of my money originates from legal sources.  Regardless, I decided long ago that my money is nobody’s business but my own.  I decided to live the cypherpunk dream.  Accordingly, I am actually in a position where I can say:  Your law is not law.

Now, I am trying to shake people out of their complacency—because I have an activist streak.  And I am horrified to see people boasting that governments can’t stop Bitcoin.  It is childish, stupid, and irresponsible.  Stop it.  Not for my sake—it does not directly affect me.  For Bitcoin’s sake.  It’s bad for Bitcoin.

For those who need a reminder of the context, this is bad for Bitcoin:

This is even worse than “Billionaires in my following, go ahead, see what happens”.

“U.S. government, go ahead, see what happens.”

Politicians really have basic problems in understanding Bitcoin - because who cares what they think - Satoshi didn't ask permission from anyone when he invented Bitcoin...

>99% of WO hatters are not me, and not anything like me.

Why you gotta be like that?  

Why you gotta rip that out of context?

Because I'm only concerned about your use of the term "hatters"

Oh, that made you mad?  Is “hatters” politically incorrect in some way of which I was unaware?

“Mad Hatters” sounds like a good nickname for denizens of the Wall.

(h/t to my Evil Hat(TM) for the idea.)