Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6475. (Read 26709924 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
If this is the 2020 tax year selloff then we are ... umm... in a bull market?

(tax year selloff for ants?)

We still have to make it through the next 48 hours.  But yes it’s definitely looking strong right now. 
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
"Number of bitcoin UTXOs that are worth less than the time at which they were created (when the value was last spent:"


https://twitter.com/lopp/status/1343907838792527874
legendary
Activity: 3990
Merit: 4597
People "should" root for a correction because we are already overextended on a temporary basis and if we would keep going vertically UP, then we will reach the "blue" NUPL sooner than later and undergo a large correction. This ALWAYS happened before.

Having a "nice" 19% correction to 23Kish would allow up to keep going much further.

It either corrects or it doesn't I don't see any reason to root for it, unless you are either short or you sold too much too soon.

And, contrary to what you seem to be suggesting has to happen, bitcoin no doesn't work like that.  We don't "have to" have a correction in order for UPpity to continue, especially based on underlying bitcoin fundamentals, if happen to understand or recognize what those happen to be, instead of trying to treat bitcoin as if it were some kind of a mature asset class.

I did not sell any..."I am the one who BUYS"... vs you, who is always selling stuff under some "program".
In short, if it is not "mature", then why sell at all?
legendary
Activity: 2520
Merit: 3038
legendary
Activity: 1834
Merit: 4197
noon charts


#dyor

a kiss on the lips
1h



4h

#stronghands
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
People "should" root for a correction because we are already overextended on a temporary basis and if we would keep going vertically UP, then we will reach the "blue" NUPL sooner than later and undergo a large correction. This ALWAYS happened before.

Having a "nice" 19% correction to 23Kish would allow up to keep going much further.

It either corrects or it doesn't I don't see any reason to root for it, unless you are either short or you sold too much too soon.

And, contrary to what you seem to be suggesting has to happen, bitcoin no doesn't work like that.  We don't "have to" have a correction in order for UPpity to continue, especially based on underlying bitcoin fundamentals, if you happen to understand or recognize what those bitcoin fundamentals happen to be, instead of trying to categorize (and consider the price movements of) bitcoin as if it were some kind of a mature asset class, which it is not.
legendary
Activity: 3808
Merit: 7912
On the one hand, I find this terrible; running RAID-less storage units.

On the other hand, you are duplicating NAS A onto NAS B at regular intervals.

My brain is beginning to cook just a little bit.

Technically he is doing disk duplexing: Two disks, two controllers, two channels.

I always found custom raid controllers to be the worst possible idea: Not only are you reliant on the N+1 disks, you're relying on the controller not blowing a hole in itself and sinking everything. Bonus if you can't get a new controller/same version. Super bonus fuckage if the controller stores all the disk information in its eeprom instead of on-disk.

Seriously, if you are counting on a single cheap NAS it's better to give your data to Bowsette....



She'll take care of it.

Dafuq happened to her ears...  Grin 

Edit: scrolling lower... nice boobs though  Cool

 Ears?  That reminds me of a joke I once read.

Monica Lewinsky was walking on the beach when she found a lantern washed up on the shore.
She started to rub it and out popped a genie. "Oh goodie, now I will get three wishes!" she exclaimed.
"No," said the genie, "You have been very bad this year, and because of this, I can only give you one wish."
"Let's see," says Monica, "I don't need fame, because I have plenty of that due to all of the media coverage.
I don't need money, because after I write my book, and do all my interviews, I'll have all the money I could
ever want. I would like to get rid of these love handles, though. Yes, that's it, for my one wish, I would like
my love handles removed."

Poof! And just like that...... her ears were gone.


source: http://www.jokes4us.com/classicadult/lovehandlesjoke.html
legendary
Activity: 2520
Merit: 3038
People "should" root for a correction because we are already overextended on a temporary basis and if we would keep going vertically UP, then we will reach the "blue" NUPL sooner than later and undergo a large correction. This ALWAYS happened before.

Having a "nice" 19% correction to 23Kish would allow up to keep going much further.

... and allow some wise bitcoiner to hoard a little bit moar.

(Not to mention degenerates.)
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
As for pinterest, I loath that site. Even asking me to register content is too much. Still proudly no Spotify here, for example. And they do not simply copy-paste.

I agree, some times I will use it to collate other sites and when I find what I'm looking for I will goto that site. Wink
legendary
Activity: 2520
Merit: 3038
Great suggestion, Hueristic, thanks. I already have Ublock Origins installed. Do I have to pick overlays on each site separately, or is there a catch-all option I haven't noticed?

Yes as far as I know but then it is saved except for a few sites like pinterest that write code to make new JS overlays every time you load the page (no surprise as they are theifs that steal all their content and manipulate the site to force you to pay).

Great thanks!

NP Smiley
Thanks, I assume you mean there is a catch-all. Next time one of those pesky JS overlay comes up, I'll be sure to punish it with Ublock Origins.

As for pinterest, I loathe that site. Even asking me to register to view content is too much. Still proudly no Spotify here, for example. And they do not simply copy-paste.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
The best backup solutions are those that are tried and proven reliable over time.




Anyone got a spare warehouse to store my favorite jpg in?
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Moving is complicated. A big problem is you may have family/friends/whatnot at the old place who you can fall back on if things go weird short-term. Move to a new place and that's not there. So the lack of any kind of a safety net (social or financial) keeps people from just being able to "move".

That's totally not counting the xenophobic nature of people to reject anyone new in their community.
TL;DR Arrie the xenophobe says Africans are stupid for living where they live. Should they move to cooler climates, they're sure to find friendly landmines to welcome them.

Let's peek into complex system theory a bit.
One rule of (handling) complexity says: "Simple answers to complex questions, as well as simple solutions for complex problems, are generally wrong / going to fail".

Nuff said.

If anybody continues joking about AIX (RS6000's), i'm gonna post about AS400's or S/390's Tongue
Fun fact: When travelling from an AIX based course at the IBM technology center in Montpellier, my car broke down in Aix de Provence.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Great suggestion, Hueristic, thanks. I already have Ublock Origins installed. Do I have to pick overlays on each site separately, or is there a catch-all option I haven't noticed?

Yes as far as I know but then it is saved except for a few sites like pinterest that write code to make new JS overlays every time you load the page (no surprise as they are theifs that steal all their content and manipulate the site to force you to pay).

Great thanks!

NP Smiley
legendary
Activity: 2520
Merit: 3038
Moving is complicated. A big problem is you may have family/friends/whatnot at the old place who you can fall back on if things go weird short-term. Move to a new place and that's not there. So the lack of any kind of a safety net (social or financial) keeps people from just being able to "move".

That's totally not counting the xenophobic nature of people to reject anyone new in their community.
TL;DR Arrie the xenophobe says Africans are stupid for living where they live. Should they move to cooler climates, they're sure to find friendly landmines to welcome them.
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Enough rant about NAS, BTC doesn't mind where you store it as long as you have a copy of the seed on paper  Grin

There is that rule of backups, like 2 copies and 3 locations or some variation. If you only have one NAS at home, you better make it double, essentially one is a mirror or backup of the first one. Then, ideally, you have something offsite, or at least some distance away.

I also have an HP DL 380 G7 I got a few years ago. The only issue I have is it does not like non-HP drives and makes the fans go 100%, so I had to hack the fans to make them quiet or something.


As for the seed on paper, this is my procedure now.

1. print or write seed on paper.
2. paint both sides of paper with diluted elmer's glue to seal it.
3. after that's dry, put it in epoxy resin.

Now that's water proof, but not fireproof. So you can get either fireproof container or safe or envelope, or make sure it is surrounded by at least 1 to 2 inches of concrete on all sides (think of John Wick burying his gold coins in his basement, that will survive a house fire.)
legendary
Activity: 3990
Merit: 4597
People "should" root for a correction because we are already overextended on a temporary basis and if we would keep going vertically UP, then we will reach the "blue" NUPL sooner than later and undergo a large correction. This ALWAYS happened before.

Having a "nice" 19% correction to 23Kish would allow up to keep going much further.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
By the way... right now, with our current movement of corn, I can anticipate that some members might either be suggesting that we go sideways from here or considering that we might go sideways from here.. which is largely within a range of $25,700 and $28k.


Think about it guys, before you post it.

Bitcoin no doesn't work like dat.

We continue to be at the top of the range.

So sure, if we were to correct either back into no man's land or maybe some variant slightly above noman's land (remember that "no man's land" is somewhere in the ballpark of $17,250 to $23,500), then maybe some consolidation and flat could play out in those price territories in the coming several months.

So currently, we seem to be in a short term limbo in terms of figuring out which way gonna be happening with dee corns in the coming week or two or 3-4 at most... more likely on the shorter end of the range.  Going up?  Going down?  Flip a coin, but the odds seems slightly in favor of UPpity (until they are not).....  Tongue Tongue Tongue Tongue

legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Moving is complicated. A big problem is you may have family/friends/whatnot at the old place who you can fall back on if things go weird short-term. Move to a new place and that's not there. So the lack of any kind of a safety net (social or financial) keeps people from just being able to "move".

That's totally not counting the xenophobic nature of people to reject anyone new in their community.
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