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Poll
Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.9%)
7/28 - 11 (10.1%)
8/4 - 16 (14.7%)
8/11 - 7 (6.4%)
8/18 - 6 (5.5%)
8/25 - 8 (7.3%)
After August - 60 (55%)
Total Voters: 109

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26470681 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
shahzadafzal
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June 27, 2022, 07:44:26 AM

Dear bitcoin please stay in 20s for 4-5 days more. I want to top-up on my next salary.
ImThour
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Bitcoin Bottom was at $15.4k


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June 27, 2022, 08:03:27 AM

Mfer calls himself inventor of Bitcoin and says all the Bitcoin are already issued in 2009 itself.  Roll Eyes


https://www.linkedin.com/feed/update/urn:li:activity:6946865732672495616/
ChartBuddy
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June 27, 2022, 08:04:53 AM


Explanation
AlcoHoDL
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Addicted to HoDLing!


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June 27, 2022, 08:34:59 AM

[...]

Has your BTC stash increased, decreased or stayed the same from our drop from $35k (around May 6th / May 7th) to present?  That would be ONLY 3 possible answers, no?

[...]

This is a nice poll suggestion.
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Take profit in BTC. Account PnL in BTC. BTC=money.


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June 27, 2022, 09:00:51 AM
Merited by JayJuanGee (1)

In the end, I am not even sure about a fair poll question, except maybe something like:

Has your BTC stash increased, decreased or stayed the same from our drop from $35k (around May 6th / May 7th) to present?  That would be ONLY 3 possible answers, no? 

AlcoHoDL beat me to this, as I was beginning to write something (with overly long analysis) about how the same poll should then be held again, whenever we get back to $35k.  At that point, the “decreased” option will logically mean only two things:  Either you were crazy to leverage your BTC, or you were stupid to mindrust it.  “Sell the dip!” seems to be a popular approach to retail investing, the flipside of FOMO.

Needless to say, few if any people in that category will give an honest answer.

(You had a good point yourself, but I think you missed my point.  I wasn’t talking about people who lost their coins.  I was talking about die-hard nocoiners—nevercoiners.)


Mfer calls himself inventor of Bitcoin and says all the Bitcoin are already issued in 2009 itself.  Roll Eyes


https://www.linkedin.com/feed/update/urn:li:activity:6946865732672495616/

I was about to say something snide about how nobody gives a hoot or wants to see what he says, but then I realized it is always good to raise awareness of this issue.

Relevant:  So, you want to get sued by a scammer? (earlier thread).
I don't see how we little people can oppose what Faketoshi does - and we all know that he can't possibly be Satoshi even in some parallel universe
The best tool we have is mockery.

Among well informed people they look at Wright and see an obvious fraud-- so they turn away: nothing to see here.  But people who don't know better are fooled. Reliably.  They might believe a "lite" version of his scam-- like that he was involved and was exaggerating his involvement, or that he wasn't satoshi but really had 111k BTC that was stolen from him---- and a big part of that is because Wright's paid press activities are substantial, while the opposition is mostly silent and uncoordinated.

We need to all go out and make sure that the whole world knows that wright and his congames are jokes.
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June 27, 2022, 09:03:32 AM


Explanation
vapourminer
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what is this "brake pedal" you speak of?


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June 27, 2022, 09:30:37 AM
Merited by death_wish (1)

Blockstream Satellite coverage:
https://help.blockstream.com/hc/en-us/articles/900004174286-How-do-I-find-out-if-my-area-receives-Blockstream-Satellite-coverage-

[.,..]
It’s not fast.  Best estimates I can find for IBD from Genesis to tip run about a month (see below).  The point is to make it feasible.
my internet sucks majorly bad and it would take months, many months, to dl from genesis. my inet is so bad and the full blockchain stored locally so important i have it backed up so many ways (raidz2, raid5, portables drives, internal drives i rotate etc, all stored in many places) it borders on ridiculous.

Saturating one’s downstream bandwidth (thus probably being unable to do anything else) for “many months” sounds totally infeasible for real-world use.  Note that in addition to the question of time to sync, the satellite takes the load off of an Internet connection that may be metered/expensive, and that may be needed for other things!  It doesn’t sound like “visiting the local library” to mooch hundreds of gigabytes of their bandwidth is much of an option here, either.

In the past, I’ve run on hardware that takes weeks or a month to validate/index/reindex (CPU and IOPs bottlenecks).  So...

Your estimates of bandwidth are not very useful.  The v2 satellite system uses special encoding to compress the blockchain transmission.  This is reversible, so you wind up with the same data that you would get from the Internet.  Here is a highly informative post from Greg Maxwell (nullc) about the encoding, dated 2020-05-04; I don’t know if anything has changed since then:
https://old.reddit.com/r/Bitcoin/comments/gdlk46/were_excited_to_announce_blockstream_satellite_20/fpif0ni/
^^^ The thread contains further interesting discussion, including some brief comparison of Blockstream Satellite to Starlink.

A quick non-Google web search found this blog post from 2021-10-03, also published in Bitcoin Magazine:

[...long description/instructions for setup, with photos and screenshots...]

Conclusion

After I get the blockchain synchronized, I plan on setting this up so that my other Bitcoin nodes will continue receiving blockchain data from my satellite node over my local network during an internet outage. But because I'm strictly downloading from satellite signal, this will take roughly a month or longer to get a full sync. That is why I think this is a good stopping point for this guide and I will follow up with shorter guides on useful things you can do with a satellite-connected receiving node.
Also published at: https://bitcoinmagazine.com/guides/how-to-run-a-bitcoin-node-from-satellite

The same author also has such things as “Bitcoin Home Mining Network Privacy”.  I have not reviewed.  It may be interesting to reach out to him for updates on how his satellite setup has worked out, in real-world usage.

Another guide I found (warning: on a retarded webhost that blocks Tor):
https://www.alexanderjsingleton.com/goldeneye-running-bitcoin-from-space-with-blockstream/

My searching/browsing just now turned up some other interesting stuff, about using Bitcoin totally off-grid:  Blockstream Satellite for receiving the blockchain as bulk data—mesh networks for anything that needs two-way communication.  Will not link, because I am getting way out of my depth.  I know some people who do mesh networks; perhaps I should take this as an opportunity to learn.

vapourminer:  I do know of some things about LoRaWAN, alternative sat systems for other purposes (not useful for receiving the Bitcoin blockchain), and other things that it seems you would probably find very useful.  Not an expert—could give pointers and DYOR leads.  Feel free to ping me if curious.


The file option is actually interesting to me. The ability to broadcast data over a wide area for effectively a low one-off fee could have interesting use cases, [...]

I observe that it is a way to broadcast a message to a completely untraceable recipient.  To send the message, your Internet connection could still be traced if Tor is broken, or whatever; but there are various specialized scenarios where message recipient anonymity is the top priority.  Compare dead-drops, or old-fashioned alt.anonymous.messages.


uh, you guys do know im lazy af, right?

ill get right on that after a nap. priority one.

hahahahahaha   jk

realistically i have always been interested in it. if i ever do give it a shot i will post it here for sure.

I do NOT want to ask any potentially private/revealing details about your circumstances.  But I have a feeling that someday, you may find this very handy.  Even as a backup for your multiple backups of the precious, precious blockchain.

Happy to help. Smiley

thanks. might take you up on that some time.
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June 27, 2022, 09:48:45 AM
Merited by vapourminer (1)

Mfer calls himself inventor of Bitcoin and says all the Bitcoin are already issued in 2009 itself.  Roll Eyes


https://www.linkedin.com/feed/update/urn:li:activity:6946865732672495616/


He knows shi*t about bitcoin



vs

Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.
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June 27, 2022, 10:01:21 AM


Explanation
aesma
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fly or die


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June 27, 2022, 10:05:51 AM
Merited by JayJuanGee (1)

@JJG : just to be sure, what's a low coiner ?

Dear bitcoin please stay in 20s for 4-5 days more. I want to top-up on my next salary.

Yes, #metoo. Buy some and add some more steps to my ladder.
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June 27, 2022, 10:20:16 AM

I want to believe this is a good start for the week as the price begin to surge high, now that it giving a signal to rise this may be a little or the type on a large scale, but nevertheless we can quickly take a very good advantage of this week into day trading before the week runs out, i want to believe seeing bitcoin getting to around $22k to $23k before the close of the day with all indications been equal, we can still make it through while this places more opportunities for us in bitcoin to utilize.
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June 27, 2022, 11:04:55 AM


Explanation
death_wish
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Take profit in BTC. Account PnL in BTC. BTC=money.


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June 27, 2022, 11:29:41 AM
Merited by JayJuanGee (1)

Mfer calls himself inventor of Bitcoin and says all the Bitcoin are already issued in 2009 itself.  Roll Eyes


https://www.linkedin.com/feed/update/urn:li:activity:6946865732672495616/


He knows shi*t about bitcoin



vs

Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.

This is probably one of the only times that you will ever see me approvingly quote Roger Ver, a.k.a. MemoryDealers (2021-12-30):

MemoryDealers

My memory matches u/nullc's post.

After Greg made this interesting offer, I proposed it to CSW. CSW said he would never sign anything for Greg ever. Greg was effectively offering everything that CSW claimed he wanted, and all CSW had to do was sign a message, yet he refused. This certainly did lead me to being far more skeptical of Craig. The straw that broke the camel's back was when at the dinner in Thailand, the night before the miner meeting that eventually led to the BSV / BCH split, CSW didn't even know that Bitcoin addresses have a checksum built in. He later tried to play it off that he had known that the whole time, but it was 100% clear to me that he did not. I think Greg is obnoxiously wrong about many things, but his post above is not one of them.
https://archive.ph/KutCc

I hereby quote the highest-upvoted comment.  The OP there is definitely worth a read.
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June 27, 2022, 11:40:18 AM

I don't believe the Craig S Wrong guy for one second.

No one who spends years "studying" a hoax (religion) could ever invent something as useful as Bitcoin.

Seems he has made a career out of scams.

I bet the telephone scam asshole cunts in India have photos of Craig S Wrong on the wall and pray to him every day.
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June 27, 2022, 11:42:16 AM
Last edit: May 15, 2023, 12:16:18 PM by fillippone
Merited by JayJuanGee (1)

Usual WO game.
Where I am: level easy.
Where am I headed to?




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June 27, 2022, 11:50:43 AM
Last edit: June 27, 2022, 12:03:07 PM by modrobert

I don't believe the Craig S Wrong guy for one second.

No one who spends years "studying" a hoax (religion) could ever invent something as useful as Bitcoin.

Seems he has made a career out of scams.

I bet the telephone scam asshole cunts in India have photos of Craig S Wrong on the wall and pray to him every day.


If you were Satoshi, what would be the benefit of claiming that in public (think it through at least twice before replying)? When someone gives a reasonable answer to that question it might be worth it to at least put their claims to test, which is pretty simple, just move Satoshi's stash of BTC, end of story.
BitcoinBunny
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Far, Far, Far Right Thug


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June 27, 2022, 11:53:18 AM
Merited by fillippone (15)

Usual WO game.
Where I am: level easy.
Where am I headed to?




Earl's Court underground station.

Maybe you're going to watch Wimbledon?

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June 27, 2022, 11:58:56 AM
Last edit: May 15, 2023, 04:35:36 PM by cygan
Merited by JayJuanGee (1), DVlog (1)


BitcoinBunny
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June 27, 2022, 11:59:14 AM

I don't believe the Craig S Wrong guy for one second.

No one who spends years "studying" a hoax (religion) could ever invent something as useful as Bitcoin.

Seems he has made a career out of scams.

I bet the telephone scam asshole cunts in India have photos of Craig S Wrong on the wall and pray to him every day.


If you were Satoshi, what would be the benefit of claiming that in public (think it through at least twice before replying)? When someone gives a reasonable answer to that question it might be worth at least put their claims to test, which is pretty simple, just move Satoshi's stash of BTC, end of story.

Did he ever give an answer why he can't move them or why he doesn't do exactly that to demonstrate who he is?
Now he is claiming he can recover other people's coins.

Yep, good idea to send THAT guy info about your coins.

 Roll Eyes
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June 27, 2022, 12:01:18 PM

Usual WO game.
Where I am: level easy.
Where am I headed to?




Earl's Court underground station.

Maybe you're going to watch Wimbledon?



It means your Guess is 100% Accurate.
Thats good thats called chemistry / bond between two entities 😆😆
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