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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368114 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.)
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August 07, 2022, 11:04:55 AM


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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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August 07, 2022, 12:50:32 PM
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We are so early. #Bitcoin



source
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August 07, 2022, 01:10:23 PM
Merited by JayJuanGee (1)

We are so early. #Bitcoin



source

Can you imagine the value of Bitcoin, once its limited supply has been made legal tender by the entire population of Earth?

We already are at the stage of small country adoption of Bitcoin as legal tender. Once a big country like Mexico joins in(and they will), then we will see the next stage of adoption. I believe that Bitcoin will become the global world currency. It's coming in the next 2-5 years. Definitely.
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August 07, 2022, 01:36:03 PM

We are so early. #Bitcoin



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Can you imagine the value of Bitcoin, once its limited supply has been made legal tender by the entire population of Earth?

We already are at the stage of small country adoption of Bitcoin as legal tender. Once a big country like Mexico joins in(and they will), then we will see the next stage of adoption. I believe that Bitcoin will become the global world currency. It's coming in the next 2-5 years. Definitely.

Wont happen without fully neutral / flawless against regulation and without industrial open scaling onchain.

Oh, wait, there is Satoshi s Bitcoin doing that today
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August 07, 2022, 01:55:00 PM

We are so early. #Bitcoin



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Can you imagine the value of Bitcoin, once its limited supply has been made legal tender by the entire population of Earth?

We already are at the stage of small country adoption of Bitcoin as legal tender. Once a big country like Mexico joins in(and they will), then we will see the next stage of adoption. I believe that Bitcoin will become the global world currency. It's coming in the next 2-5 years. Definitely.

Wont happen without fully neutral / flawless against regulation and without industrial open scaling onchain.

Oh, wait, there is Satoshi s Bitcoin doing that today

lol
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August 07, 2022, 02:03:29 PM


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August 07, 2022, 02:34:54 PM

We are so early. #Bitcoin



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Can you imagine the value of Bitcoin, once its limited supply has been made legal tender by the entire population of Earth?

We already are at the stage of small country adoption of Bitcoin as legal tender. Once a big country like Mexico joins in(and they will), then we will see the next stage of adoption. I believe that Bitcoin will become the global world currency. It's coming in the next 2-5 years. Definitely.

Wont happen without fully neutral / flawless against regulation and without industrial open scaling onchain.

Oh, wait, there is Satoshi s Bitcoin doing that today

Reminds me of a song:  Who let the dogs out?
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August 07, 2022, 02:58:29 PM


It must be other way round.



image source
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August 07, 2022, 03:06:08 PM

LN is a very new concept that is still under development.

So is bitcoin, and so am I.


Na you are quite old. Atleast present on bitcointalk.org for more then seven years.
May be you are satoshi. Who knows ?

. Its not enough to just compare blocktimes and then think its a shortcoming, these metrics can be misleading thats why shitcoin projects focus so much on them. So be careful.



Thanks a bunch for sharing this. It's really productive info for anyone reading this.


Setup and configure your own LN node from scratch!.. Best way to learn!

Sure I will. That's the only way to learn it.
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August 07, 2022, 03:07:30 PM

Eventually, BlackRock won't stay alone here:


https://www.reddit.com/r/Bitcoin/comments/whodx0/business_is_business_gotta_adapt_to_customer/

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August 07, 2022, 03:55:24 PM
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Alleged #BTC-e operator Alexander #Vinnik faces charges of money laundering and other crimes in U.S. court.



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August 07, 2022, 05:16:30 PM

Suddenly there are calls for Bitcoin to rocket upwards. Perhaps the Blackrock news set it in motion, but there seems to be a new bullish aroma in the air. Plan B is even telling people to go long with massive leverage, which seems crazy after what we just went through. Seems odd, but maybe he is calling the bottom for people here. I’ll stay away from leverage personally, but do hope the next up cycle is upon us.
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August 07, 2022, 05:20:58 PM
Merited by JayJuanGee (2), vapourminer (1), Hueristic (1), psycodad (1)

So I replaced the defrost thermostat in my fridge and had a hard time starting when I plugged it back in.  The compressor would try to run then quit so I unplugged it to reset it a couple of times and finally the compressor ran, temperature came down and I thought all was well.  I turned on the ice maker before going to bed.  This morning I had water rather than ice but I had done so much research on refrigerators that I was able to pinpoint the issue to the start relay.  I checked it and it had zero continuity; unfortunately there are no parts places open today.  I wish I had picked one up yesterday while I was there but I was overconfident1 in my diagnosis.  I decided to take it apart to see how it worked and was surprised to see a ceramic or semi-metallic disk sandwiched between the prongs.  I pulled it out and it looked corroded so I gently sanded it and the contacts with some fine sandpaper and put it back together.  The continuity tester beeped so it's all good.  I reconnected everything to the fridge and plugged it in - the compressor started immediately.  If it starts making ice, then I'll purchase a new start relay tomorrow; they're about $25 each.

1  I was so overconfident that I took JJG's advice and used the ~$2k I would have spent on a fridge to buy more corn and ramen.  Meh... who needs a fridge anyway?  Winter is coming so I can store my meats, cheese and coffee cream on the balcony.

NB.  The start relay was so much easier to access and remove than the defrost thermostat sensor though the parts are equally priced.  You don't need to be well-versed in yoga to change the start relay but the thermostat sensor requires some contortions.

BuY BitcoiN
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August 07, 2022, 05:35:54 PM
Merited by JayJuanGee (1)

Suddenly there are calls for Bitcoin to rocket upwards. Perhaps the Blackrock news set it in motion, but there seems to be a new bullish aroma in the air. Plan B is even telling people to go long with massive leverage, which seems crazy after what we just went through. Seems odd, but maybe he is calling the bottom for people here. I’ll stay away from leverage personally, but do hope the next up cycle is upon us.

Really?
Got a sauce link handy?

EDIT: Other good analysts who called the $69k top, for example, say that BTC will go sideways below $30k until 2024...
I don't know... Probably King Daddy will do some other thing.
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