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

[LFC_Bitcoin]

Any guesses on which way we'll go based on the results of this auction?

I'm hoping Draper wins again, it's a bit of a worry somebody might be lowballing to get the coins under market price & then dump them all.

[1715468354]

1715468354

[Davyd05]

Double bottom in hashrate// perhaps someone has decided the end has come for their equipment. Wonder when the next set of more efficient machinery comes online, besides testing from the manufacturer.

I bolded the part I'll reply to.

We will not see any large efficiency gains moving forward. Everything from here on out will be incremental at best.

From CPU to GPU was a big deal. From GPU/FPGA to ASIC was a big deal.

From 65nm to 28 to 20... it's just incremental gains.

is it really incremental in terms of gh per watt , joule w/e it is?  I suppose it is so.

[Newbie1022]

Any guesses on which way we'll go based on the results of this auction?

I'm hoping Draper wins again, it's a bit of a worry somebody might be lowballing to get the coins under market price & then dump them all.

Well, Draper is bidding within a consortium this time, essentially, on the behalf of clients if I read correctly. So, he probably won't win. That said, I imagine the price will actually go up even more, initially, if he loses because of the power of delusion. The market will assume, if Draper was outbid, that the price was above market price (i.e. -- that somebody was even dopier than Draper).

So, I'd anticipate a spike when the price is announced.

This is, of course, assuming that whoever wins will win each block. If the successful bids are split between several blocks then people will similarly exaggerate that into an end of days scenario.

Should be interesting.

It should also be noted that nobody even knows what Draper bid the first time. He could have bid under the market price -- not wildly below, but somewhat below. We all just guessed. The power of guesswork. People want the news to be good so they'll interpret it through that lens, again.

[ChartBuddy]

Explanation

[dreamspark]

Someone is playing with 300btc wall on finex, price has climbed to it twice now and he's moved it a dollar up.

[BTCat]

Bitcoin is just waiting for the next upswing/rally. Takes so long  

[tarmi]

So, I'd anticipate a spike when the price is announced.

there will be no announcements about the winning price, just speculations.

...


time to test that 360 wall I guess.

[Newbie1022]

So, I'd anticipate a spike when the price is announced.

there will be no announcements about the winning price, just speculations.

...


time to test that 360 wall I guess.

I even know that. Not really sure why I wrote that. I meant when the winner is announced.

[canary]

Are we marching towards a cliff or a rocketship?

I feel the price is like the steady beating of a drum 370 -375 - 370 - 375 - 370 - 375

Yeah that's right and that drum's sound is soooo boring. I hope the auction will change this trend, waiting with impatience for 5 th of December!

[hdbuck]

So, I'd anticipate a spike when the price is announced.

there will be no announcements about the winning price, just speculations.

...


time to test that 360 wall I guess.

I even know that. Not really sure why I wrote that. I meant when the winner is announced.

There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..

[Newbie1022]

So, I'd anticipate a spike when the price is announced.

there will be no announcements about the winning price, just speculations.

...


time to test that 360 wall I guess.

I even know that. Not really sure why I wrote that. I meant when the winner is announced.

There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..

One of the winners, especially Draper, will announce if he won, though. Also, if there are multiple winners, we'll be able to track the movement to multiple wallets. So, it's not like we are flying totally blind on this... just sort of blind.

[hdbuck]

So, I'd anticipate a spike when the price is announced.

there will be no announcements about the winning price, just speculations.

...


time to test that 360 wall I guess.

I even know that. Not really sure why I wrote that. I meant when the winner is announced.

There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..

One of the winners, especially Draper, will announce if he won, though. Also, if there are multiple winners, we'll be able to track the movement to multiple wallets. So, it's not like we are flying totally blind on this... just sort of blind.

Yea right.. Didnt i told you guys i won the previous auction?! ^^

[Davyd05]

So, I'd anticipate a spike when the price is announced.

there will be no announcements about the winning price, just speculations.

...


time to test that 360 wall I guess.

I even know that. Not really sure why I wrote that. I meant when the winner is announced.

There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..

One of the winners, especially Draper, will announce if he won, though. Also, if there are multiple winners, we'll be able to track the movement to multiple wallets. So, it's not like we are flying totally blind on this... just sort of blind.

Yea right.. Didnt i told you guys i won the previous auction?! ^^

sup Tim

[NotLambchop]

...
Mates you wonder if the auction is real..

A rare glimpse into the mind of hdbuck.

Good morning, gentlemen.

[Newbie1022]

It's unhappening... and speeding up, too.

[hdbuck]

So, I'd anticipate a spike when the price is announced.

there will be no announcements about the winning price, just speculations.

...


time to test that 360 wall I guess.

I even know that. Not really sure why I wrote that. I meant when the winner is announced.

There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..

One of the winners, especially Draper, will announce if he won, though. Also, if there are multiple winners, we'll be able to track the movement to multiple wallets. So, it's not like we are flying totally blind on this... just sort of blind.

Yea right.. Didnt i told you guys i won the previous auction?! ^^

sup Tim

Hehe, no but seriously what proof of ownership did Draper provided again?

Edit: and plz dont quote coindesk. Kinda reminds me that ghost 150k$ platinium membership KNC payed to TBF..
Me who thought bitcoin eases transparency..

[Totscha]

So, I'd anticipate a spike when the price is announced.

there will be no announcements about the winning price, just speculations.

...


time to test that 360 wall I guess.

I even know that. Not really sure why I wrote that. I meant when the winner is announced.

There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..

One of the winners, especially Draper, will announce if he won, though. Also, if there are multiple winners, we'll be able to track the movement to multiple wallets. So, it's not like we are flying totally blind on this... just sort of blind.

Yea right.. Didnt i told you guys i won the previous auction?! ^^

sup Tim

Hehe, no but seriously what proofs did Draper provided again?

Édit: and plz dont quote coindesk. Kinda reminds me that ghost 150k$ platinium membership KNC payed to TBF.. Me who thought bitcoin eases transparency..

Platinum membership is only issued if you use highly questionable business ethics.

KnC didn't get it while they were still selling profitable miners to people on schedule...

[hdbuck]

So, I'd anticipate a spike when the price is announced.

there will be no announcements about the winning price, just speculations.

...


time to test that 360 wall I guess.

I even know that. Not really sure why I wrote that. I meant when the winner is announced.

There is not going to be any official annoûcement about the winner too..
Mates you wonder if the auction is real..

One of the winners, especially Draper, will announce if he won, though. Also, if there are multiple winners, we'll be able to track the movement to multiple wallets. So, it's not like we are flying totally blind on this... just sort of blind.

Yea right.. Didnt i told you guys i won the previous auction?! ^^

sup Tim

Hehe, no but seriously what proofs did Draper provided again?

Édit: and plz dont quote coindesk. Kinda reminds me that ghost 150k$ platinium membership KNC payed to TBF.. Me who thought bitcoin eases transparency..

Platinum membership is only issued if you use highly questionable business ethics.

KnC didn't get it while they were still selling profitable miners to people on schedule...

mehehe may i also remind you that such advantageous membership resulted in peado-con-artist Mr Pierce election as a board member?

serisouly tho, answer my previous question too.. gimme proofs.

or else you know where you can put your silly auction speculation.

[podyx]

Lol, I just wrote a post where I said that stamp would retest $360 but deleted it

I guess that was that...

Are we perhaps still not out of this bearmarket?

[ChartBuddy]

Explanation