Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 476. (Read 26466364 times)

How could you forget about our having had gone into poor mode?  Currently, as I type this post, with BTC prices around $64,337, we are nearly 13% down from our March 13 ATH.. If that is not poor, then what is?

I also feel that it is so strange that there are so many ongoing attacks on bitcoin in these kinds of times, so there's gotta be some kind of way to scare folks out of their coins.. and some of us stubborn ones, we are too busy buying when the BTC price drops, so we might not even realize that in the whole scheme of things, we are becoming more poor when the price goes down - even though previously, some of us might have also been pondering over how amazing that it has been to go from $27k to nearly $74k in a matter of 5 months, even though we corrected back down to a mere $64.3k... 

and I know some folks (maybe especially newbies?) keep repeating the lack of historical precedent of the BTC price going above its prior ATH before the halvening even occurred.. so if they might be suggesting going from $27k to nearly $74k in a little less than 4.5 months, which surely is right around 2.75x, and so it might have had been a premature overexuberance, but we also had something similar from April 2019 to late July 2019, with a price rise of $4,200 to $13,880 (which is about 3.5x), and yeah that was not sustainable with out some kind of leveling off, so even if these price rises (the reasons for them) and the exact location of them in the cycle does not match with precision, there can be too much expectation of exact matching instead of appreciating that these outrageous UPs and DOWNs sometimes happen, but at the same time, you are not going to get me all excited about even a 19% drop, which would be the measurement of our $59,629 low, which happened to be slightly more than 1 day prior to the halvening.

Shit happens, and who knows which way it is going to go exactly, but it is hardly even worth waking up from whatever else we might be doing to make sure we go out and buy a 24 count of our favorite Ramen.. and perhaps put in our own meats if we really want to deny our poor status.


A little bit of a backlog, but yeah sure, they are eating their way back through some of the transactions that had been stuck in the mempool, and sure it will be good to get back down to single digits per vbyte.. if that might be possible,  even though I have been seeing some blocks in 20-ish sats per vbyte ..

https://mempool.space/mempool-block/0

many of them are still in the 40-ish sats per vbyte.. but yeah, maybe they will come back down if the runes nutjobs might be finding some difficulties in finding buyers for their minting crap or the various other complicated ways of supposedly creating a kind of artificial scarcity that may well not take off as much as some of the early adopters/propagators might be hoping.

About Epoch 0 being the first one, it's a computer programming thing. Array indexing in C++ always starts at zero, so array[0] is a valid element, equivalent to all others. Of course, a programmer can take care of this, for aesthetic reasons, and shift things by 1 to make the counter more human-friendly, but the Bitcoin code is meant to be very lean and pure, as it should be, so everything is written in vanilla C++ code.

Apart from the obvious typo of 999 instead of 99, it is an inherently contradictory statement because you start current century with a "0" (aka 2000), but you started the first century with a "1".
That said, there was no zeroth century (AD or any other count), indeed.

Nonsense. It's like centuries.

Years 1 to 999 were the 1st century. Years 2000 to 2024 (so far) is the 21st century.

There was no zeroth century.

 Hey philipma1957!  Now's your chance to catch up!  Go go go!

 I mean, that sucks.  I thought we had a imgur replacement but...

Silly humans Epoch 0 was 50BTC

Epoch 4 3.125 BTC block reward? Where is that coming from?

Epoch 1 was 50 BTC per block, epoch 2 was 25, epoch 3 was 12.5, etc.

How did epoch 4 skip down to 3.125? What happened to 6.25?

Getting internal errors from talkimg.

Another day another BTC2k being shat out by GBTC, that's 4x the current supply. I must admit i was wrong with my expectations that announcement of mini spin off will slow down the outflows. What this tells us is that they're actually selling GBTC and not just reshuffling into lower fee ETF. On the bright side, GBTC now holds just under BTC300k, so at this rate just 150more days, max... (120 if they seed mini with BTC60k)

@thescalpingbro
BTC  - Historically consolidation near the all-time highs Isn't Bearish 👀

https://x.com/thescalpingpro/status/1783541482311336046

New washing method?

↑ That's just foreshadowing of the future reality of bitcoin value.

https://twitter.com/Vivek4real_/status/1783529481539363184

how about this?

exactly.

Then list it for two or three btc to sell at a loss.

could be true.

could well be a fake action like the NFT guys do it all the time

yes... amazingly bad deal for the buyer... 16 BTC will be generational wealth in the not so distant future...

I doubt that piece of paper will appreciate in the same way

I could also add... imagine being able to choose for your favorite artist to sing the song you want... for example, Freddie Mercury singing this:

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

or Axl singing this:

https://www.youtube.com/watch?v=QwbDuRLlDw4

The only AI I am interested in is you specify a concert video and regardless of the age and quality,
you put on a super lightweight almost unnoticeable VR headset and can watch and listen to the entire show as if you are there in person,
from any angle as if it is happening right in front of you, today.
Also if you can manipulate the show surroundings: remove the entire audience and watch it by yourself would be fun.
But a crowd is normally acceptable, as long as they don't bring their phones.

If it can get even more crazy and guess what shows would have been like without footage but with available information / setlists etc that would be a further good advancement.

If you can't do this within the next 10-20 years, then Nvidia stock may as well be zero dollars if you ask me.

And if you can, I'll be retiring and watching my favourite artists perform every night (most of who are gone or have stopped performing, or who are at the very end of their career right now). Goodbye BTC talk.


Again, I re-iterate: this is machine learning and not really AI I think. But it would be one of the best features of a possible future technology for me.