Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4171.

Torque

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NFT Group Buys Copy Of Dune For €2.66 Million, Believing It Gives Them Copyright
https://www.iflscience.com/technology/nft-group-buys-copy-of-dune-for-266-million-believing-it-gives-them-copyright/?fbclid=IwAR13DP4wvxdDlQ9K0_TZCfMNKjasAIGxOAHuSFjasbq4t2nZJguN0vBIiU4

Apparently, they paid for a copy of Jodorowsky's storyboard book and assumed that the copyright came with it. There are at least a dozen copies and they're all available free online. Cheesy

cAPSLOCK

legendary

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Note the unconventional cAPITALIZATION!

Quote from: Paashaas on January 18, 2022, 10:28:30 AM

https://twitter.com/BitcoinMagazine/status/1483454061038997508

Quote from: cAPSLOCK on January 13, 2022, 10:49:47 AM

I keep waiting for some giant chip fab entity (ie Samsung, Motorolla, Intel, AMD, Nvidea etc) developing a SHA256 ASIC on the down-low and starting to test them... I do not know enough about this tech/market to know if this is a possibility, but my gut thinks so. But I do not think it is impossible that some chip maker could get a quick ROI testing (Butterfly Labs style) a brand new ASIC. The financial incentive for this is crazy high.

Paashaas

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Quote from: cAPSLOCK on January 18, 2022, 10:24:51 AM

Quote from: YourMother on January 18, 2022, 09:39:09 AM

BTC trading at 2x since the ath of 2017
Pretty pathetic price performance if you ask me, especially for the long term holders

Yes. $40k bitcoin is such a huge disappointment. Roll Eyes

That ''lame'' 2x made me retired from beeing a slavewager.

Paashaas

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https://twitter.com/BitcoinMagazine/status/1483454061038997508

https://twitter.com/BTC_Archive/status/1483456295403458560

El duderino_

legendary

Activity: 2744

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BTC + Crossfit, living life.

Annoying price of BTC for long term hodlers….

Some did sold some at good/reasonable prices compared with now.

But to sit on a load of cash with non intentions not really the best thing imo.

Though I understand some would like to buy on the cheap, but now price isn’t yet cheap enough to rebuy, maybe if sold at the ATH-ish, other problem is people who haven’t sold any or very low numbers are a bit stuck as well cause if they want something a little more expensive, then it surely isn’t the price to sell atm…

Struggle of a hodlers life ….

Btc to cheap to sell or to high to buy back…. Grin

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: YourMother on January 18, 2022, 09:39:09 AM

BTC trading at 2x since the ath of 2017
Pretty pathetic price performance if you ask me, especially for the long term holders

Yes. $40k bitcoin is such a huge disappointment. Roll Eyes

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

YourMother

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BTC trading at 2x since the ath of 2017
Pretty pathetic price performance if you ask me, especially for the long term holders

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Torque

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Quote from: Hueristic on January 17, 2022, 06:48:54 PM

Quote from: Torque on January 17, 2022, 05:19:04 PM

I can't say I know that much about Tether, as I haven't had any interest in it to look into it too deeply.

Having a stablecoin pin its value on a fiat is already a laughably bad idea. But to back a so-called "stablecoin" without being able to prove that it's actually pegged to the fiat dollar, much less able to prove its pegged to anything at all really, nor to be able to verify who holds it or how much, if the collateral backing it (fiat) is there and accessible 1:1, seems actually far worse than backing digital fiat to me.

And beyond just making day trading easier, what purpose does it serve?

https://youtu.be/-whuXHSL1Pg?t=136

I watched that entire video, and it told me exactly nothing about Tether beyond what I either knew or could have guessed about it. Which says more about the uselessness and fraud of Tether than my limited knowledge. They are likely running a fractional reserve scheme (scam?), just like every major bank in the world. The only difference is that no one knows if their collateral has any or enough value to cover their debt load in the case of a major wipe out. I'm guessing not.

Quote from: Torque on January 17, 2022, 05:19:04 PM

And beyond just making day trading easier, what purpose does it serve?

The video did answer this question: none. Which again, was as I surmised all along.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

ChartBuddy

legendary

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

LFC_Bitcoin

legendary

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#1 VIP Crypto Casino

@GoingParabolic
Before you go to bed tonight decide on owning your share of the 18M #Bitcoin in the market. You and your family deserve it. Believe it.
https://twitter.com/goingparabolic/status/1483268663872532481?s=21

@BigSky_HODL
I’ll simplify it for you. All Shitcoins are going to ZERO.
https://twitter.com/bigsky_hodl/status/1483282213772926980?s=21

@Excellion
We're rewriting the rules for the entire financial system. #Bitcoin
https://twitter.com/excellion/status/1483243584547885063?s=21

@Dennis_Porter_
Culture is shifting…

Rappers don’t want dollars. They want digital assets.

Sports players don’t want USD, they want #Bitcoin .

Don’t blink. The world is changing quickly.
https://twitter.com/dennis_porter_/status/1483134430340206593?s=21

@JohalMiles
#Bitcoin is hovering around 40k.

And yes it's still walking the path to eating the world in the next 10 years.
$BTC
https://twitter.com/johalmiles/status/1483108423466168332?s=21

ChartBuddy

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Explanation

somac.

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Never selling

Quote from: serveria.com on January 18, 2022, 02:56:53 AM

Quote from: fillippone on January 17, 2022, 07:07:45 PM

As you guys are worried for the price, I am here to tell you that price is the least interesting metric to assess the healy of our mutual orange friend.

For example, which measure the security of the Bitcoin network, is yet another time at ATH.

China mining Ban, Kashakistan riots, anything can stop the miner's weapon race.

The impressive pace of network hashrate will take us to another gigantic difficulty adjustment next Friday, when the difficult will readjust.

The adjustment will be a gargantuan one:

Quote from: fillippone on September 10, 2021, 09:15:06 AM


	Fig. 5. The largest ALPS Blockchain plant is located in Valstagna (VI).

I called this Rack "Valstagna Window", after the name of the Central where it is located.

This means that, if I got my computations right, the next difficult adjustment has been caused by a gigantic increase in the HAshrate, caused by a rise in the computing power roughly equivalent to 900 of those racks.
900.
In two weeks
And in the future, probably, every two weeks.

Up only

Quality posting from filippone as usual Cool

Yep, and while the network is in better shape than ever, we also have taproot on the protocol side. Certainly don't need to worry about the technicals of Bitcoin itself.

Price, yeah not great. My thoughts are moving to the "we are in a large sideways channel", and have been since the move from 64k to 30k. I think it is therefore very possible that we move back down to near the 30k level, but there will be a lot of stacking on the way by long-term holders and it will only possible with a collapse of the traditional markets. All very possible.

ChartBuddy

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