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

[Greyhats]

After a $10.000 recovery pump it is time for a small pupllback before the lift-off making new ATH after U.S elections.

I have got so used to your bearish comments that your bullish ones are setting off alarm bells 

[Gachapin]

https://x.com/SimonDixonTwitt/status/1848388948298481756

Saylor calling the most of us "paranoid crypto anarchists"?

Let me think: If institutions grab, take custody and play with of loads of Bitcoin, when institutions are against the original values of Bitcoin, what could possibly go wrong?
Turns out i am paranoid?  

EDIT: Don't forget, MS is an investor. He's not Bitcoin Jesus (Sorry, Roger), so his main interests behind buying Bitcoin are about making fiat money.

EDIT2: And i wouldn't mind to pay taxes for fiat gains out of Bitcoin, but i would not want to get almost completely robbed by government, just because i don't participate in their dirty investing game.

"Blind faith in your leaders or in anything will get you killed." - Bruce Springsteen


Michael Saylor isn't Bitcoin god. He may be interesting to listen to, have some valid points, people may be able to use MicroStrategy for arbitrage.

End of the day Bitcoin was created for very different reasons than what he said right there, in fact the exact opposite.

My strategy is turning into the following: take out what you invested, perhaps a bit of profit.
See what happens with the rest.

I sometimes have to be reminded to think that way. Thanks. The forks and airdrops alone gave me more than I ever invested.

Will a government eventually put a gun to your head to hand it all over or somehow make it (outside of ETF investments) unusable?
It still will not surprise me, regardless of its value.

They can only do it, if you dropped your pants once and showed them what you got.

[goldkingcoiner]

OT: Finished processing about 50 minutes of IC1805, that's everything i could use from 3 hours of capturing after ditching the fogged frames.
Due to capabiities of commercial post processing software and including any usable data, even with satellite trails, the result is decent enough, but it lacks a little detail.
However, the first half hour of the session was perfect, and those are the images were prefered in the stacking process. The clearest of all images included a fat sattelite trail, but i decided to keep it. Getting a more modern camera paid off again. It's definitely a keeper, i never had so much usable data after so little time of capturing of this nebula.

Click to zoom:

The zoom is a bit disappointing.

[Gachapin]

After a $10.000 recovery pump it is time for a small pupllback before the lift-off making new ATH after U.S elections.

pretty sure 76k by the monday before election tuesday.

WOers placing their bets. I like that. I also think new AT this years after election  ...If Orange Man wins that is!

[Gachapin]

Here’s something to keep an eye on. Dennis Porter is expected to announce tomorrow that Bitcoin will be added to the treasury of a US state. This may be the beginning of the snowball. You can view his X post hinting at what is to come below. This is one of those things that won’t make an immediate impact, but could be the start of something big if others follow.

https://x.com/dennis_porter_/status/1849144854372307138

we probably see the beginning of bigger nations starting to support Bitcoin the next months


BRICS leaders push Bitcoin to bypass Western sanctions as Putin calls for alternatives
https://cryptobriefing.com/brics-bitcoin-strategy-summit/

[OutOfMemory]

The zoom is a bit disappointing.

It's only a link to the 1280 pixel width image.
Feel free to reccommend a free, anonymous photobucket website where i can safely upload 20+ megapixel files, that should do a lot better.

This one's better, but also only about 3MP:




EDIT: This was a different stack, made with commercial software, which takes a lot longer to run, but it removed the satellite trail without just omitting the frame as a whole. Contrast is a bit too high for my taste and the stars don't stick out too well. I shouldn't do image editing after midnight  
Again, i am impressed by the (though mediocre) result, considering the low capture time, but the near perfect conditions under which the first half of all usable images were taken beautifully made up for this. I imagine what it would be like shooting the sky from a mountain, above (low) cloud levels. I'd get much more clear nights. Maybe i will move to such a place when BItcoin reached $1M? Should be well worth the consideration for me.

[OgNasty]

Here’s something to keep an eye on. Dennis Porter is expected to announce tomorrow that Bitcoin will be added to the treasury of a US state. This may be the beginning of the snowball. You can view his X post hinting at what is to come below. This is one of those things that won’t make an immediate impact, but could be the start of something big if others follow.

https://x.com/dennis_porter_/status/1849144854372307138

I printed that digital sundial you mentioned... I printed it last week and it works perfectly, very cool.

That is pretty cool. I’ve always wanted one or at least to see one in action in real life, but admittedly I don’t think I have a spot to put it where it would be useful. I have wondered why people don’t make giant sculptures like this for use sitting in people’s backyards. You see the old style sundial sometimes, but you never see these.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[nutildah]

Sowing some controversy on an otherwise perfectly fine day

I printed that digital sundial you mentioned... I printed it last week and it works perfectly, very cool.

Would you mind taking a picture of the results when placed in the sun? Am keen to see what it looks like when functioning, since it looks fairly advanced (for a sundial).

[criptoevangelista]

Here’s something to keep an eye on. Dennis Porter is expected to announce tomorrow that Bitcoin will be added to the treasury of a US state. This may be the beginning of the snowball. You can view his X post hinting at what is to come below. This is one of those things that won’t make an immediate impact, but could be the start of something big if others follow.

https://x.com/dennis_porter_/status/1849144854372307138

I printed that digital sundial you mentioned... I printed it last week and it works perfectly, very cool.

That is pretty cool. I’ve always wanted one or at least to see one in action in real life, but admittedly I don’t think I have a spot to put it where it would be useful. I have wondered why people don’t make giant sculptures like this for use sitting in people’s backyards. You see the old style sundial sometimes, but you never see these.

It is very nice to see this working. But there are some peculiar details: the time is only displayed after 10am. and ends at 4:00 p.m., the minutes increase from 20 to 20 minutes, or for example: 10:00 a.m., 10:20 a.m., 10:40 a.m. But it's still a really cool item.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[criptoevangelista]

Would you mind taking a picture of the results when placed in the sun? Am keen to see what it looks like when functioning, since it looks fairly advanced (for a sundial).

It's already night where I am, so I can't take a picture, sorry  . However, there is a video of the clock's creator showing how it works:

https://www.youtube.com/watch?v=EoGVb82uCnA

And here's the 3D model in case you want to make one too 

https://www.thingiverse.com/thing:1068443

[tiCeR]

...

I thought about parking in stables as well, but I decided I wouldn't put life changing amounts into stables, since it's an IOU issued by a company. I have been burned by gox and stamp (luckily not finex) and learned my lesson not to rely on any central entity.

Gachapin when I read your post, I sometimes thought that the Gox thing made a lot of people happy eventually. I didn't have any coins on that exchange when it went bust. But now if I understand correctly, didn't everyone get their coins back (or will get them back)? Because then I think most of the people would be rather happy that the exchange collapsed because they might instead have sold in the meantime for much less money.

I apologize if I get that wrong because I am not involved with the reimbursement process, not aware of the status,  but I thought that people were promised to get their balances paid out from back in 2014 and since the price was around $500 then, I thought some of the victims would literally be happy about the incident in hindsight. 

If you don't mind, enlighten me. Thanks!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

...

I thought about parking in stables as well, but I decided I wouldn't put life changing amounts into stables, since it's an IOU issued by a company. I have been burned by gox and stamp (luckily not finex) and learned my lesson not to rely on any central entity.

Gachapin when I read your post, I sometimes thought that the Gox thing made a lot of people happy eventually. I didn't have any coins on that exchange when it went bust. But now if I understand correctly, didn't everyone get their coins back (or will get them back)? Because then I think most of the people would be rather happy that the exchange collapsed because they might instead have sold in the meantime for much less money.

I apologize if I get that wrong because I am not involved with the reimbursement process, not aware of the status,  but I thought that people were promised to get their balances paid out from back in 2014 and since the price was around $500 then, I thought some of the victims would literally be happy about the incident in hindsight.  

If you don't mind, enlighten me. Thanks!

I have already written everything in the WO. But in short,

GOX rejected my whole claim because in addition to BTC and BCH (the only fork they paid out) I asked for too many other forks that had been issued while GOX was sitting on the utxo's (I don't think they have any right to keep these forks..)
To counter the rejection I needed a Japanese lawyer which wasn't economically reasonable about 5 years ago.

After 1-2 years or so they stopped accepting claims anyways, so even if I wanted to re-issue my claim with a lawyer, I couldn't.


And NO! Many are not happy that they couldn't access their coins for over 10 years, and only got back a tiny fraction.
That definitely goes for any longterm holder.
Saying something like you did, shows me that you probably don't have the mindset of a someone who held for 10+ years. Which, frankly, makes me wonder if you are the original owner of your 2011 account..

 

[philipma1957]

...

I thought about parking in stables as well, but I decided I wouldn't put life changing amounts into stables, since it's an IOU issued by a company. I have been burned by gox and stamp (luckily not finex) and learned my lesson not to rely on any central entity.

Gachapin when I read your post, I sometimes thought that the Gox thing made a lot of people happy eventually. I didn't have any coins on that exchange when it went bust. But now if I understand correctly, didn't everyone get their coins back (or will get them back)? Because then I think most of the people would be rather happy that the exchange collapsed because they might instead have sold in the meantime for much less money.

I apologize if I get that wrong because I am not involved with the reimbursement process, not aware of the status,  but I thought that people were promised to get their balances paid out from back in 2014 and since the price was around $500 then, I thought some of the victims would literally be happy about the incident in hindsight. 

If you don't mind, enlighten me. Thanks!

Some are pissed and some are happy.

if you had 20 btc i think you get 3 back

so 20x500 = 10000. and 3 x 65000= 195,000

to some thats great to others they feel at least 10x65=650,000  would be close to fair

others are likely to think they should have got 16 of the 20 coins or 1,004,000


truly delusional would likely feel 100% was correct.

I never lost at that exchange my thoughts are they should have been over ⅓ of the coins

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com