Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5749. (Read 26634297 times)

legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"

I would just stick with 5x previous ATH as a conservative expectation. Anything above that is a bonus and depends on factors you cannot predict. Like Michael Saylor said if a few billionaires suddenly enter the game all comparisons with what happened before just go out of the window.

100K 2020-2024

500K 2024-2028

2.5M 2028+

Looking at charts constantly and setting your expectations too high I think is just a waste of time.



You are nearly guilty of some similar thing that you are describing as problematic, BitcoinBunny, no?

Truth of the matter remains that bitcoin is a quite different kind of asset class that has never been witnessed previously in its current incarnation.   Sure there have been variants of bitcoin, and bitcoin was NOT built from scratch, so we cannot really lock it into any kind of model of something that may have previously happened exactly - even while there are some decent parallels such as the internet (just not the value/money part) - while at the same time, some of the models/charts./graphs have better explanatory and predictive power than others, so long as we do not try to read any particular one(s) as gospel, which seems to be a similar thing that you are saying. 

So, even though I am not really disagreeing with you on any of your points - especially regarding varying difficulties in predicting anything that is going to happen "in the future", I do believe that you ended up overstating your case to some degree in the poo pooing of the value of models and charts in these trying times.

Oh, and furthermore, some peeps get more worked up and emotional about charts and models than others, but it does not seem fair to generalize in saying that the varying levels of emotions (and even irrational exuberance from time to time) are necessarily either not warranted because they are speculating about the future rather than celebrating the past or that there might not be some value in going a little crazy in expressing both where we are and in anticipation of where we might be going.. including

CCCCIIIIIIIITTTTTTTEEEEEE   status

regarding our lil fiend.. aka king daddy, aka dee honey badger, aka bitcoin.

wwwwwwwwhhhhhhhhhheeeeeeeee!!!!!
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
Edit: Oh, and trust me on this: I'm extremely picky about typography, maybe as picky as you, if not more! This is not meant as an offensive comment. I think there are very few of us left. I'm always happy when I find another one...

At least three in the WO. Be happy!

Good to know!  Smiley
legendary
Activity: 2520
Merit: 3038
Edit: Oh, and trust me on this: I'm extremely picky about typography, maybe as picky as you, if not more! This is not meant as an offensive comment. I think there are very few of us left. I'm always happy when I find another one...

At least three in the WO. Be happy!
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it


Symmetry is dimension dependent. Tongue

only 2 in evidence
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
[...]

That is $\infty$ according to Knuth.

[...]

Thank you for empirically confirming my point about Knuth's perfectly symmetrical infinity symbol. Based on your comments, I feel that I must mention the rather obvious fact that symmetry in this context strictly refers to the underlying geometry (i.e., the symmetry of the locus of the lemniscate), and excludes the added serif stylistic characteristics, which naturally tend to remove some of the symmetry. If you assumed that I was referring to the reduced symmetry due to the serif elements, you are wrong, and missed my point completely.

Now, compare the beautiful and harmonious symbol shown above, with the "serif symbol for '8', rotated by 90°" asymmetrical utter monstrosity that you posted in your earlier message, which I'm including here as a screenshot, in order to avoid font rendering ambiguity:



Note: If the symbol in the above screenshot does not appear asymmetrical (as far as the locus of the lemniscate is concerned) in your original post on your screen, then we are in full agreement, and the culprit is my PC's low-quality serif font (Times New Roman, included in Windows 10, is my guess), as you've already mentioned in your reply.



Edit: Oh, and trust me on this: I'm extremely picky about typography, maybe as picky as you, if not more! This is not meant as an offensive comment. I think there are very few of us left. I'm always happy when I find another one...

Edit 2: I fully support your suggestion about using LATEX as a markup language for posts here, in the way it is used in MathOverflow (Stack Exchange), for example. It's a pleasure to post there because of this, among other things.
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
Mine’s Bitstamp to check the price, what’s yours?

I refresh the price widget. Why website?

What widget?
I don’t like having potentially malicious apps on my phone.

What phone?  I don’t like having potentially malicious devices enslaving me with perpetual 24/7 locational surveillance, on-demand audio and video bugging, and walled-garden app stores.

The yoke rests so lightly on you.
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!

My girlfriend’s paysite, which accepts Bitcoin.  I’m the BOFH sysadmin.

(Why would I check the price?  After awhile, it gets boring to watch my ticker repeat 1 BTC = 1 BTC.  I mean, I love Bitcoin, but the thing just stays the same...)

Sometimes these things need to be pointed out to the PFY's.

PFY:  The secure way to back up your Bitcoin seed is to save it on a floppy disk, then rub magnets all over the disk so that quantum magneto-polarization will enhance data integrity.

BOFH (after creatively electrocuting the PFY):  The secure way to back up your Bitcoin seed is to e-mail it to yourself using the department’s secure e-mail server.  Trust me, I have this thing locked down and absolutely hacker-proofed with 31337-bit military-grade encryption.
copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
I find it funny when I read Bounty/Signature campaigns proudly highlight

Posts on the Wall Observer won’t be counted. I mean why? Why??

Because we're harder to shill here.

No.  Don’t fool yourself with such conceit.

The stupendously obvious reasons:

  • The Wall Observer does not display signatures.  Why do you suppose that signature ad campaigns would pay people to make posts that do not display, um, signatures?
  • There is no rule against consecutive multi-posting here; and many other rules are relaxed.  If CMs counted WO posts, then regardless of whether signatures are displayed here, sigspammers would bury infofront in so much spam that he would be crushed to death.  The CMs want to avoid being charged with murder.
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"


I was walking on a beach the other day (at an undisclosed location... . hahahahaha.. you fucks... ), and I was not really paying attention and then all of a sudden there were handsome and buff guys for a considerable distance while I was walking.. almost as far as the eye could see in any direction by the time I noticed, and they seemed to even be really nice and friendly kinds of guys.... festive.. generally speaking. 

At first, I started to wonder what was going on, and was it merely a coincidence, and the more that I looked around, I began to wonder, where are the girls? sure there were a few girls scattered here or there, maybe 1 out of every 20 or maybe even fewer than that, so then I realized that "I was not in Kansas anymore."  Go figure.

Reminds me of another story several years ago, when was in an airport and I walked into a bathroom, and another guy followed me in.  I had not realized that I accidentally walked into the girls bathroom, and my first thought was:  "where are the urinals," and while I was thinking that thought I heard some girls giggling in two stalls next to each other, and I quickly exited the scene.. same with the other guy that followed me in there.. we kind of glanced at each other, shrugged our shoulders and then walked out as if nothing had happened.

like this guy:

copper member
Activity: 630
Merit: 2614
If you don’t do PGP, you don’t do crypto!
[...]

Apologies for being a little too picky here, but I absolutely hate it when I see a non-symmetrical version of the infinity symbol being used, such as the one shown above, which just looks like '8' rotated by 90°. Such a symbol will never be found in any of my writings. It is of no coincidence that (LA)TEX uses the proper, symmetrical symbol in its standard math typeface, or else it would not have passed Donald Knuth's strict criteria—and rightly so!

You are wrong.  You are wrong aesthetically:  Serif fonts with calligraphic variations to their stroke widths are superior (and I am infinitely more “picky” about typography than you or anyone else ever could be).  And you are wrong about the design of Knuth’s Computer Modern typeface.  You are probably accustomed to some publisher’s house LATEX package which tinkers with the fonts.

My copies of the TeXbook and the Metafontbook were lost years ago in a “tragic boating accident”; thus, I will use the lazy way.  And I will be ultra-lazy, for I am in a lazy mood; make no replies about how I could have done this so much better by invoking Metafont with Knuth’s original CM font sources with (blah blah blah)!

It is time for empirical evidence!

Code: (infty.tex)
\documentclass{article}

\begin{document}
$\infty$
\end{document}

Code:
$ pdflatex infty.tex
[...snip stuff that leaks info about my system...]
Output written on infty.pdf (1 page, 15410 bytes).
Transcript written on infty.log.
$ pdftocairo -png -transp -r 1200 -x 2459 -y 2141 -W 200 -H 140 infty.pdf

Result:


That is $\infty$ according to Knuth.

Double-checking that the PDF is using Computer Modern:

Code:
$ pdffonts infty.pdf
name                                 type              encoding         emb sub uni object ID
------------------------------------ ----------------- ---------------- --- --- --- ---------
LLVRDD+CMSY10                        Type 1            Builtin          yes yes no       4  0
SDXKYB+CMR10                         Type 1            Builtin          yes yes no       5  0

The one in your avatar looks fine though,

The infinity symbol does have some subtle variation in the stroke width.  Take a closer look.

In my post that you quoted, I do not know what your browser is showing; it will show a default serif font.  Probably some open-source clone of Times Roman?

P.S., I almost suggested that the new forum software should use \LaTeX as a markup language for posts—or at least to allow that as an option, alongside bbcode and/or markdown and/or whatever other stupidity.  Then, I decided not to bother.  Perhaps I can obtain your support for loudly demanding politely requesting this?  :-)

P.P.S., why do I not see you in Development & Technology?  (Or do you use an alt there, because... never mind.)


Edit:  You will argue with me about \TeX?  :-/

First thing I do is launch Firefox, which automatically opens 6 sites:

- Gmail
- Google Calendar
- Outlook Mail
[...]

Knuth does not use e-mail.  And you use centralized shitmail.  Also, it is unwise to fuck with me.
copper member
Activity: 1526
Merit: 2890
Visa Becomes First Major Payments Network to Settle Transactions in USD Coin (USDC)
https://twitter.com/jerallaire/status/1376493343476187138?s=21



Not a single mention of Bitcoin in his tweet thread and nothing about Bitcoin on the entire article? How this could be huge or even a news? Doesn’t crypto.com already partner with Visa? So accepting USD Coin how will it make a difference?

“Support for digital currencies as a new type of settlement currency marks an important step forward for Visa’s network of networks strategy”

Does he mean to say Visa will be accepting other coins but settlement of all the coins will be in USD Coin?

Looks like just for the sake of winning back the trust of existing customers they are trying to step into this. They are too afraid because sooner or later they will start loosing customers.
legendary
Activity: 2310
Merit: 1422
Good morning Bitcoinland.

Still in the $5xxxx range but creeping higher... currently $58188USD/$73311CAD (Bitcoinaverage).

$60k soon? A new ATH shortly after that? $70 within a week?

Go Bitcoin go.
___

All this talk about merit begging got me wondering. Why all the fuss about merit? It seems activity is more precious.

I'll give 1 merit to anyone who sends me activity points.

Oh, wait...

 Cool
Jeez you are way too far on activity!

BTW, 60$ soon, my cat told me last night. He looked me in the eyes and said: "Be like a cat, my friend. Be strong like a #strongcat with #stronghands." I could have been possibly drunk too, can't remember.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
However, in fact, it is easy to have BMI under control if you live in a moderate climate and in a city that encourages walking.

BMI is too simple a metric to have any meaning. Look at professional or olympic level athletes, they are arguably in better health than many people, but because they have more muscle and less fat, their BMI is actually higher. Bodybuilders, powerlifters and strength athletes have high BMI.

BMI is essentially height and weight. Weight is not the same as body fat percentage. You can be underweight but have so much fat for your height that you are unhealthy and your BMI is low. You can be extremely ripped (which may or may not be healthy long term) but your BMI will be very high.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
All this talk about merit begging got me wondering. Why all the fuss about merit? It seems activity is more precious.

I've been on this site for... way too long. And I just had to look up how it worked. Waste of time for anything other than helping prevent scammers as far as I can tell.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
What?  Nullius was born??
No he was manufactured in a lab from what have been going around. Cheesy

copper member
Activity: 1526
Merit: 2890
Top 1000 Bitcoin addresses (balance in satoshis):
Code:
address	balance
34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo 14352845860122
35hK24tcLEWcgNA4JxpvbkNkoAcDGqQPsP 14145159751601
...
Daily update:
Code:
wget -qO- http://addresses.loyce.club/blockchair_bitcoin_addresses_and_balance_LATEST.tsv.gz | gunzip | head -n 1001 > top1000.txt

As usual an excellent job LoyceV. Just wondering why in satosh? Why not in BTC?

Just for my own curiosity can we get last transaction date? To see if these are active or inactive accounts?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Top 1000 Bitcoin addresses (balance in satoshis):
Code:
address	balance
34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo 14352845860122
35hK24tcLEWcgNA4JxpvbkNkoAcDGqQPsP 14145159751601
...
...
37ZP1W5fMeHWNFSmqTLV3Zin91tYPzbpbf 200000006017
3FXLxsjdt1BicD6Pzm5JcYji6Lvdv5VLbQ 200000006017
Daily update:
Code:
wget -qO- http://addresses.loyce.club/blockchair_bitcoin_addresses_and_balance_LATEST.tsv.gz | gunzip | head -n 1001 > top1000.txt

This is actually good as a study of good OpSec practices. Basically, everyone will appear in this list, but how low on the list do you want to be if you have more than 2000 BTC.

Depending on how much you actually have, it's a good idea to break your stash into smaller chunks. I would say staying under 1000 per address is reasonable even for someone who has 100k total. If you have less than that, then don't worry about it. Most people will be fine using whole numbers if they have more than 1.

Most wallets let you have thousands or millions of addresses. (there might be a technical limit of about 2 billion, ... won't be an issue for anyone even exchanges and exchanges use their own software.)
copper member
Activity: 1498
Merit: 1619
Bitcoin Bottom was at $15.4k
I am using preev.com from years  Grin
What about you guys?
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