Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4828. (Read 26608070 times)

This happens to those who go out there.
The WO feels safe. Out there... ohh I don't like it out there. It's scary.

never got that email. not sure why. didnt even find out about it till the ars article yesterday (im a regular reader there).

one guy panic sold like 60k of coin. as to why he kept that amount there instead of in his own wallet is beyond me. exchanges are for money/coin  you intend to have ready to go via buy/sell ladders. and its money/coin that you should be prepared to kiss goodbye anyway, not you keys etc.

Explanation

Explanation

Hey, hold on a sec!
That's not remotely possible. That's a company listed on Nasdaq!
Nasdaq companies are the best!
How dare you?
 

Explanation

but but ... last day of summer is 21 September!

Explanation

That's too bearish!    

Explanation

i dunno what happens but i imagine it could be something like this..

dyor

D

stronghands

Explanation

... our bitcoin baby has found the supply shock button ... wonder what happens if we plug in here and hit this one?!

Explanation

That is pretty fucked up.

Explanation

https://arstechnica.com/information-technology/2021/08/coinbase-erroneously-reported-2fa-changes-to-125000-customers/

coinbase fuckery finds a new level.

I believe the worse the art quality is, the better the analysis.

...

Maybe you need to 'splain ur lil selfie a wee bit moar better, philip? #nohomo

What you are implying is counter-intuitive.  Are you saying that the anticipation of lower fees will help status quo miners to profit more because such status disincentivizes new entrance from coming into mining?

Seems to me, in and of itself, lower fees means that miners should be less happy, less willing to mine, more likely to create BIGGER operations, less likely to have smaller operations even try to compete for what fees are available (presuming most of the payoff for mining thereby comes from the current 6.25 BTC rewards rather than fees).
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First off kind of drunk and filled with a 56 oz dry aged porterhouses steak.

So lets do Proudhon homage the 45k thread is now done.  we went from aug 19 to aug 30.

Unfortunately my homage was deleted by evil mods.

but these will go into effect at least in my mind

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Now to effort an explanation as to why low fees can help miners.

If we can simply get low fees and drive adoption of btc really high right now price can go to the moon.

Ie

  100k
  200k
  400k
  800k
1600k

these numbers are not impossible and low fees could allow for huge spikes in price.

Since no chips mean not a lot of new gear the crazy diff movement of up up and way is held back for rest of 2021 and 2022 maybe into 2023

So

18t diff 46k price = great for miner
21t diff 64k price = great for miner
25t diff 100k price = great for miner
29t diff 200k price = great for miner
32t diff 400k price = great for miner.  at  this level and above for diff will likely flatline if achieved in 2022 or even 2023
40t diff 800k price = great for miner.
50t diff 1600k price = great for miner.

So if low fees mean huge adaptation price could truly moon as many hope.


but my day is made as proundhons 45k thread is dead.

I really wish the mods had left my locked slots of threads  alone.  no fucking sense of humor or history on their part.