Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 514.

xhomerx10

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Activity: 3808

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Quote from: philipma1957 on June 12, 2024, 06:30:25 PM

Quote from: xhomerx10 on June 12, 2024, 05:41:49 PM

Quote from: philipma1957 on June 12, 2024, 05:37:10 PM

Quote from: xhomerx10 on June 12, 2024, 05:09:56 PM

After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.

hey

I have a nice thread ripper rig sitting in a box.
128gb ram
aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus

it would crush your i7-5820

You bastard! Wink

you did a lot giving hats out for us. pm me

Awww thanks philipma1957, I appreciate the thought but my wife is poised, with checkbook in hand, to cut me a check for a new machine as soon as I make up my mind as to exactly what I want. I'm still trying to digest all the advice and research material you guys gave me.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

ChartBuddy

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Activity: 2352

Merit: 1819

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

sirazimuth

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Activity: 3388

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born once atheist

Quote from: philipma1957 on June 12, 2024, 07:13:40 PM

….

Maybe not five years but 2056 would be about right.

Yeah in 2056 at age 98 I envision myself rambling on about mining shit… I mean Scrypt coins…
“Well now… years ago, back in the good ole days I seem to recall….. blah blah blah repeated story blah blah….”
Then the nurse at Sunny Acres that changes my diaper will be like
“Now Mr Siraz, you need to stop babbling about mining for doggies and bitcoin nonsense and take your Geritol.
Then we will be petting real doggies and kitty cats after lunch for relax therapy time.
Then it will be nap time. We are having fish fingers, tater tots and
creamed spinach for dinner so you’d best be on your very best behaviour or no strawberry jello dessert for you!”

ChartBuddy

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Activity: 2352

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

philipma1957

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Activity: 4256

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'The right to privacy matters'

Quote from: aesma on June 12, 2024, 07:07:32 PM

Quote from: jojo69 on June 09, 2024, 06:30:23 PM

Hedge Fund Betting Big That Bitcoin Mining Won’t Exist In Five Years…

I don't get it. What if neither extreme outcome happens ? Mining gets less profitable than just owning BTC, but still profitable enough. Couldn't that continue forever ?

Yeah if it were LTC/Doge scrypt algo that is designed to last for hunderds of years.

Strictly the mining part.

I theorize a lot of the attacks on btc via the mempool and high fees are deep pocket people betting that in terms of mining scrypt ends up the winner.

Maybe not five years but 2056 would be about right.

aesma

hero member

Activity: 2548

Merit: 950

fly or die

Quote from: jojo69 on June 09, 2024, 06:30:23 PM

Hedge Fund Betting Big That Bitcoin Mining Won’t Exist In Five Years…

I don't get it. What if neither extreme outcome happens ? Mining gets less profitable than just owning BTC, but still profitable enough. Couldn't that continue forever ?

ChartBuddy

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Activity: 2352

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

philipma1957

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Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: xhomerx10 on June 12, 2024, 05:41:49 PM

Quote from: philipma1957 on June 12, 2024, 05:37:10 PM

Quote from: xhomerx10 on June 12, 2024, 05:09:56 PM

After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.

hey

I have a nice thread ripper rig sitting in a box.
128gb ram
aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus

it would crush your i7-5820

You bastard! Wink

you did a lot giving hats out for us. pm me

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: philipma1957 on June 12, 2024, 05:37:10 PM

Quote from: xhomerx10 on June 12, 2024, 05:09:56 PM

After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.

hey

I have a nice thread ripper rig sitting in a box.
128gb ram
aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus

it would crush your i7-5820

that's about 0.3 btc right there (after 10-12% ebay fee) Cheesy

ChartBuddy

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Activity: 2352

Merit: 1819

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

fillippone

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Fully fledged Merit Cycler - Golden Feather 22-23

Quote from: danadc on June 12, 2024, 05:43:45 PM

It is just that the Issue of how Buyers , whales , and Institutions can Influence Bitcoin is Something that interests me a lot I found this Article that talks about how they have left their long Positions , Which is not bad at All for it to be a Good time for the Price to rise to $73k again.

Institutional Investors Show Growing Interest in Market-Neutral Bitcoin Strategies

Quote

As reported, major Bitcoin investors have recently opened massive long positions on the flagship cryptocurrency via popular cryptocurrency exchanges Bybit and HTX at around $69,000.

That’s according to Ki Young Ju, CEO of cryptocurrency analytics firm CryptoQuant, who pointed out that these massive long positions are interesting in light of similar activity seen back in August 2023, when Bitcoin whales opened large long positions on BTC ahead of a parabolic price rise that saw the cryptocurrency move from around $25,000 to a new all-time high above $73,500.

Original Source: https://www.cryptoglobe.com/latest/2024/06/institutional-investors-show-growing-interest-in-market-neutral-bitcoin-strategies/

If they have these long Positions , it means that it is very likely to see a good Turnaround of high Prices Again.

This is just nonsense.
Market neutral positions are… neutral.
If someone is amassing long outright positions, this tells a little about coming prices.
You know, when there is pain in the market, some is going to make it happen.

danadc

sr. member

Activity: 1092

Merit: 342

Hire Bitcointalk Camp. Manager @ r7promotions.com

It is just that the Issue of how Buyers , whales , and Institutions can Influence Bitcoin is Something that interests me a lot I found this Article that talks about how they have left their long Positions , Which is not bad at All for it to be a Good time for the Price to rise to $73k again.

Institutional Investors Show Growing Interest in Market-Neutral Bitcoin Strategies

Quote

As reported, major Bitcoin investors have recently opened massive long positions on the flagship cryptocurrency via popular cryptocurrency exchanges Bybit and HTX at around $69,000.

That’s according to Ki Young Ju, CEO of cryptocurrency analytics firm CryptoQuant, who pointed out that these massive long positions are interesting in light of similar activity seen back in August 2023, when Bitcoin whales opened large long positions on BTC ahead of a parabolic price rise that saw the cryptocurrency move from around $25,000 to a new all-time high above $73,500.

Original Source: https://www.cryptoglobe.com/latest/2024/06/institutional-investors-show-growing-interest-in-market-neutral-bitcoin-strategies/

If they have these long Positions , it means that it is very likely to see a good Turnaround of high Prices Again.

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: philipma1957 on June 12, 2024, 05:37:10 PM

Quote from: xhomerx10 on June 12, 2024, 05:09:56 PM

After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.

hey

I have a nice thread ripper rig sitting in a box.
128gb ram
aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus

it would crush your i7-5820

You bastard! Wink

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: xhomerx10 on June 12, 2024, 05:09:56 PM

After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.

hey

I have a nice thread ripper rig sitting in a box.
128gb ram
aorus nvme2 500gb ssd and 20 or 30 rtx 3090 gpus

it would crush your i7-5820

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: BobLawblaw on June 12, 2024, 05:05:10 PM

Quote from: Hueristic on June 12, 2024, 04:53:54 PM

I seem to remember you saying you were going to get one of those 50k Mac Pro's.

I can't justify the price of a Mac Pro now that I'm retired. Still have the 2019 Intel Mac Pro that is still beefy enough for my use today.

TBH, the M-Series Macbook Pro's are so performant nowadays, I can't see the need for getting a Mac Pro any more. For my purposes anyway. Not sure I can even justify a Mac Studio (beefier Mac Mini...)

I don't do much audio work any more, really. Coming out of retirement to work on a game with a friend in Sweden towards the end of the year, tho.

Yeah, I thought apple was really pushing it with that one!

xhomerx10

legendary

Activity: 3808

Merit: 7912

After seeing all the super-computers in here, my i7-5820 isn't cutting it anymore. I'm going to have to get more serious about my desktop upgrade. I just bought my youngest a 16" Lenovo Slim 5 with a Ryzen 5-7530U so I could take back my little 13" Asus Zenbook (I love the all metal case) and it's much more powerful than my desktop. Heck, the Zenbook isn't much slower than my desktop. This will not stand, ya know, this aggression will not stand, man.

BobLawblaw

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Activity: 1819

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Neighborhood Shenanigans Dispenser

Quote from: Hueristic on June 12, 2024, 04:53:54 PM

I seem to remember you saying you were going to get one of those 50k Mac Pro's.

I can't justify the price of a Mac Pro now that I'm retired. Still have the 2019 Intel Mac Pro that is still beefy enough for my use today.

TBH, the M-Series Macbook Pro's are so performant nowadays, I can't see the need for getting a Mac Pro any more. For my purposes anyway. Not sure I can even justify a Mac Studio (beefier Mac Mini...)

I don't do much audio work any more, really. Coming out of retirement to work on a game with a friend in Sweden towards the end of the year, tho.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation
Chartbuddy thanks talkimg.com

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: BobLawblaw on June 12, 2024, 04:35:36 PM

(Still a Mac guy for everything else. Just have the one PC for gaming)

I seem to remember you saying you were going to get one of those 50k Mac Pro's.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 514. (Read 26497908 times)