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

[Taras]

Bitcoin, you're drunk

[1714482704]

1714482704

[1714482704]

1714482704

[1714482704]

1714482704

[bigasic]

Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.

Phone size is increasing again.

30 Years Of Cell Phones

There is one phone  missing in that photo. I purchased a "mobile" phone in 1991 or so and it was roughly 8x10x3 and had a handset that looked like a traditional phone with a 8in antennae, i believe that was the first mobile phone built as I was totally into cell phones when they first were introduced in the late 80s and paying 1-3 dollars per minute. Ill have to find a picture of that phone.. too bad I didn't keep it, im sure it would be worth something today..

[freedomno1]

Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.

Phone size is increasing again.

30 Years Of Cell Phones

There is one phone  missing in that photo. I purchased a "mobile" phone in 1991 or so and it was roughly 8x10x3 and had a handset that looked like a traditional phone with a 8in antennae, i believe that was the first mobile phone built as I was totally into cell phones when they first were introduced in the late 80s and paying 1-3 dollars per minute. Ill have to find a picture of that phone.. too bad I didn't keep it, im sure it would be worth something today..

Starts at Nokia moves onwards lol.
Anyways the first cell phones would definitely have some value today in a mobile phone museum
They have a nice contrast though.

Bitcoin, you're drunk

Sideways hehe that works Bitcoin is being tipsy today 

[findftp]

30 Years Of Cell Phones

There is one phone  missing in that photo..... <snip>

There are 6255143872165517735257198668789316491111! phones missing

[ChartBuddy]

Explanation

[hdbuck]

30 Years Of Cell Phones

There is one phone  missing in that photo..... <snip>

There are 6255143872165517735257198668789316491111! phones missing

source?

[ChartBuddy]

Explanation

[JayJuanGee]

Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.

Phone size is increasing again.

30 Years Of Cell Phones

There is one phone  missing in that photo. I purchased a "mobile" phone in 1991 or so and it was roughly 8x10x3 and had a handset that looked like a traditional phone with a 8in antennae, i believe that was the first mobile phone built as I was totally into cell phones when they first were introduced in the late 80s and paying 1-3 dollars per minute. Ill have to find a picture of that phone.. too bad I didn't keep it, im sure it would be worth something today..

Starts at Nokia moves onwards lol.
Anyways the first cell phones would definitely have some value today in a mobile phone museum
They have a nice contrast though.

Bitcoin, you're drunk

Sideways hehe that works Bitcoin is being tipsy today 

Nice to get rid of the external antenna on those...

[Davyd05]

 little dumping going on

[ChartBuddy]

Explanation

[derpinheimer]

little dumping going on

Small gradual sells lead to individual medium sells which leads to panic sells. This boat is going nowhere but down unfortunately.

[bassclef]

Daily chart bear trap.

[JayJuanGee]

little dumping going on

I will repeat that I have a sneaking suspicion that there is going to be an attempt to close the Weekly MACD in the red.... which is going below the $570-ish level by Sunday night (is that when it closes?)

[cbeast]

little dumping going on

Small gradual sells lead to individual medium sells which leads to panic sells. This boat is going nowhere but down unfortunately.

We'll get there one way or another.

[heslo]

Same old story.... will be nice when we can break out of this rut we are in!

[Hypnoise]

7 months of cho cho in this year, well, something wrong with da train, I guess

[ChartBuddy]

Explanation

[JorgeStolfi]

Volume at the new OKCoin/International exchange (BTC x USD) is growing slowly, but is still at 450 BTC/day (not kBTC!) while OKCoin/China has about 60'000 BTC/day now.

Volume at BitVC, Huobi's "international" exchange (BTC x CNY only, it seems), is still unknown since they apparently show only the combined volume Huobi+BitVC, about 24'000 BTC/day now.(I wonder whether they have a merged order book?)

[Yololintian]

little dumping going on

I will repeat that I have a sneaking suspicion that there is going to be an attempt to close the Weekly MACD in the red.... which is going below the $570-ish level by Sunday night (is that when it closes?)

No one does that. Also I think it closes on Wednesday.

[lyth0s]

Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.

Phone size is increasing again.

30 Years Of Cell Phones

To be fair though, our phones are simply "phones" anymore, they are also more or less full blown computers with custom OS's + phone in one.