one point...bitcoin owes us nothing...so, before you imagine spending your largesse, please remember this and don't get mad at the setbacks.
That said, the chart from May 2019-Aug 2020 is one of the most bizarre charts I have ever seen.
Perhaps, someone is trying to shake most of the crowd loose.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7125. (Read 26643098 times)
August 19, 2020, 12:18:08 AM
August 19, 2020, 12:04:23 AM
+1 WOsMerit
--------
the late night wall report
its tuesday...sorry #dyor
over then under
4h
testing 0.236 short fib support..clearing some stops..regardless..dips continue to be bought
tighten the jib halyard and pinch her into the wind a bit..steady as she goes mister
D
#stronghands
August 18, 2020, 11:55:15 PM
Guys, aren't you excited by the FACT that most of us will be USD* millionaires by the end of 2021?
I know I am!
* Not that I care much about the sucker, but it can still buy us some nice LHB...
I know I am!
* Not that I care much about the sucker, but it can still buy us some nice LHB...
Looking at the Eurodollar chart my Euro holdings might make me a USD millionaire by then !
August 18, 2020, 11:50:18 PM
https://twitter.com/bigmagicdao/status/1295422797523509249?s=20
https://twitter.com/bigmagicdao/status/1295427366152368128?s=20
https://www.taiwannews.com.tw/en/news/3989041
heavy rain in China, hashrate dropping in Sichuan
bitcoin doesn't care, diff will retarget and it will still be the most secured asset on the planet
https://twitter.com/bigmagicdao/status/1295427366152368128?s=20
https://www.taiwannews.com.tw/en/news/3989041
heavy rain in China, hashrate dropping in Sichuan
bitcoin doesn't care, diff will retarget and it will still be the most secured asset on the planet
Quote
https://diff.cryptothis.com/
...
Latest Block: 644176 (27 minutes ago)
Current Pace: 106.9232% (1073 / 1003.52 expected, 69.48 ahead)
Previous Difficulty: 16847561611550.27
Current Difficulty: 16947802333946.61
Next Difficulty: between 17860258608729 and 18133699707126
Next Difficulty Change: between +5.3839% and +6.9974%
Previous Retarget: August 10, 2020 at 3:53 PM (+0.5950%)
Next Retarget (earliest): Sunday at 6:08 PM (in 6d 2h 59m 24s)
Next Retarget (latest): Sunday at 10:53 PM (in 6d 7h 45m 1s)
Projected Epoch Length: between 13d 2h 14m 38s and 13d 7h 0m 15s
...
Latest Block: 644176 (27 minutes ago)
Current Pace: 106.9232% (1073 / 1003.52 expected, 69.48 ahead)
Previous Difficulty: 16847561611550.27
Current Difficulty: 16947802333946.61
Next Difficulty: between 17860258608729 and 18133699707126
Next Difficulty Change: between +5.3839% and +6.9974%
Previous Retarget: August 10, 2020 at 3:53 PM (+0.5950%)
Next Retarget (earliest): Sunday at 6:08 PM (in 6d 2h 59m 24s)
Next Retarget (latest): Sunday at 10:53 PM (in 6d 7h 45m 1s)
Projected Epoch Length: between 13d 2h 14m 38s and 13d 7h 0m 15s
so we are 69.48 blocks ahead of pace.
if flooding hurts hash rate in 1 day we will be under 60 blocks ahead of pace.
along with the 12300+ price miners such as myself will be smiling.
BTW if you pay attention I don't post here very much but i have been doing so for the last month or so.
Basically I really think we are going onward and upwards for a while.
And about 1 day later well 23 hours later.
Quote
https://diff.cryptothis.com/
Latest Block: 644295 (4 minutes ago)
Current Pace: 104.3672% (1192 / 1142.12 expected, 49.88 ahead)
Previous Difficulty: 16847561611550.27
Current Difficulty: 16947802333946.61
Next Difficulty: between 17568678518205 and 17698723435306
Next Difficulty Change: between +3.6635% and +4.4308%
Previous Retarget: August 10, 2020 at 3:53 PM (+0.5950%)
Next Retarget (earliest): Monday at 1:49 AM (in 5d 11h 35m 11s)
Next Retarget (latest): Monday at 4:10 AM (in 5d 13h 56m 7s)
Projected Epoch Length: between 13d 9h 56m 24s and 13d 12h 17m 20s
...
Latest Block: 644295 (4 minutes ago)
Current Pace: 104.3672% (1192 / 1142.12 expected, 49.88 ahead)
Previous Difficulty: 16847561611550.27
Current Difficulty: 16947802333946.61
Next Difficulty: between 17568678518205 and 17698723435306
Next Difficulty Change: between +3.6635% and +4.4308%
Previous Retarget: August 10, 2020 at 3:53 PM (+0.5950%)
Next Retarget (earliest): Monday at 1:49 AM (in 5d 11h 35m 11s)
Next Retarget (latest): Monday at 4:10 AM (in 5d 13h 56m 7s)
Projected Epoch Length: between 13d 9h 56m 24s and 13d 12h 17m 20s
...
we dropped to 49 blocks ahead
or a 124 block day vs a 144 block day. so the floods helped to lower the diff.
BTW. I chart diff a lot for many reasons. One is to decide how fast to expand the farm.
I have found a few daily diff drops like this can act as a price drag. So if these downward block days stretch out for 3-5 days there will be downward price pressure.
You were right. Did the flood cut power lines ? Or are dams dumping water and stopping their generating plants ?
August 18, 2020, 11:37:00 PM
[...]
I have found a few daily diff drops like this can act as a price drag. So if these downward block days stretch out for 3-5 days there will be downward price pressure.
I have found a few daily diff drops like this can act as a price drag. So if these downward block days stretch out for 3-5 days there will be downward price pressure.
The hashrate drops (supposedly because of the current floods in China miners need to temporarily stop operation), not the difficulty (which gets adjusted once every 2016 blocks or ~2 weeks).
If the difficulty remains the same, but the hashrate drops, the miners still mining get more bitcoin per hash. Which means they have to sell less bitcoin to pay for electricity. So I am not sure why a sudden drop in hashrate would cause downward price pressure, would expect the opposite.
August 18, 2020, 07:01:14 PM
August 18, 2020, 06:03:45 PM
RIP V.
Dammit Torque. Why'd you hafta go and do THAT?!??!?
I truly believe we won't see sub $9k again. So the meme had to die.
(I agree with you but don't fucking tell Vegeta that)
You know its coming back in a measly ~7.5x anyway?
August 18, 2020, 04:40:52 PM
August 18, 2020, 03:53:46 PM
So they rekt the shorts yesterday and then rekt the longs today.
Big whoop.
Bitcoin hodlers not affected.
btw nice reminder of the impact btc is making:
Big whoop.
Bitcoin hodlers not affected.
btw nice reminder of the impact btc is making:
August 18, 2020, 03:52:49 PM
August 18, 2020, 02:21:15 PM
Guys, aren't you excited by the FACT that most of us will be USD* millionaires by the end of 2021?
I know I am!
* Not that I care much about the sucker, but it can still buy us some nice LHB...
I know I am!
* Not that I care much about the sucker, but it can still buy us some nice LHB...
August 18, 2020, 01:17:52 PM
https://twitter.com/bigmagicdao/status/1295422797523509249?s=20
https://twitter.com/bigmagicdao/status/1295427366152368128?s=20
https://www.taiwannews.com.tw/en/news/3989041
heavy rain in China, hashrate dropping in Sichuan
bitcoin doesn't care, diff will retarget and it will still be the most secured asset on the planet
https://twitter.com/bigmagicdao/status/1295427366152368128?s=20
https://www.taiwannews.com.tw/en/news/3989041
heavy rain in China, hashrate dropping in Sichuan
bitcoin doesn't care, diff will retarget and it will still be the most secured asset on the planet
Quote
https://diff.cryptothis.com/
...
Latest Block: 644176 (27 minutes ago)
Current Pace: 106.9232% (1073 / 1003.52 expected, 69.48 ahead)
Previous Difficulty: 16847561611550.27
Current Difficulty: 16947802333946.61
Next Difficulty: between 17860258608729 and 18133699707126
Next Difficulty Change: between +5.3839% and +6.9974%
Previous Retarget: August 10, 2020 at 3:53 PM (+0.5950%)
Next Retarget (earliest): Sunday at 6:08 PM (in 6d 2h 59m 24s)
Next Retarget (latest): Sunday at 10:53 PM (in 6d 7h 45m 1s)
Projected Epoch Length: between 13d 2h 14m 38s and 13d 7h 0m 15s
...
Latest Block: 644176 (27 minutes ago)
Current Pace: 106.9232% (1073 / 1003.52 expected, 69.48 ahead)
Previous Difficulty: 16847561611550.27
Current Difficulty: 16947802333946.61
Next Difficulty: between 17860258608729 and 18133699707126
Next Difficulty Change: between +5.3839% and +6.9974%
Previous Retarget: August 10, 2020 at 3:53 PM (+0.5950%)
Next Retarget (earliest): Sunday at 6:08 PM (in 6d 2h 59m 24s)
Next Retarget (latest): Sunday at 10:53 PM (in 6d 7h 45m 1s)
Projected Epoch Length: between 13d 2h 14m 38s and 13d 7h 0m 15s
so we are 69.48 blocks ahead of pace.
if flooding hurts hash rate in 1 day we will be under 60 blocks ahead of pace.
along with the 12300+ price miners such as myself will be smiling.
BTW if you pay attention I don't post here very much but i have been doing so for the last month or so.
Basically I really think we are going onward and upwards for a while.
And about 1 day later well 23 hours later.
Quote
https://diff.cryptothis.com/
Latest Block: 644295 (4 minutes ago)
Current Pace: 104.3672% (1192 / 1142.12 expected, 49.88 ahead)
Previous Difficulty: 16847561611550.27
Current Difficulty: 16947802333946.61
Next Difficulty: between 17568678518205 and 17698723435306
Next Difficulty Change: between +3.6635% and +4.4308%
Previous Retarget: August 10, 2020 at 3:53 PM (+0.5950%)
Next Retarget (earliest): Monday at 1:49 AM (in 5d 11h 35m 11s)
Next Retarget (latest): Monday at 4:10 AM (in 5d 13h 56m 7s)
Projected Epoch Length: between 13d 9h 56m 24s and 13d 12h 17m 20s
...
Latest Block: 644295 (4 minutes ago)
Current Pace: 104.3672% (1192 / 1142.12 expected, 49.88 ahead)
Previous Difficulty: 16847561611550.27
Current Difficulty: 16947802333946.61
Next Difficulty: between 17568678518205 and 17698723435306
Next Difficulty Change: between +3.6635% and +4.4308%
Previous Retarget: August 10, 2020 at 3:53 PM (+0.5950%)
Next Retarget (earliest): Monday at 1:49 AM (in 5d 11h 35m 11s)
Next Retarget (latest): Monday at 4:10 AM (in 5d 13h 56m 7s)
Projected Epoch Length: between 13d 9h 56m 24s and 13d 12h 17m 20s
...
we dropped to 49 blocks ahead
or a 124 block day vs a 144 block day. so the floods helped to lower the diff.
BTW. I chart diff a lot for many reasons. One is to decide how fast to expand the farm.
I have found a few daily diff drops like this can act as a price drag. So if these downward block days stretch out for 3-5 days there will be downward price pressure.
August 18, 2020, 12:33:19 PM
RIP V.
Dammit Torque. Why'd you hafta go and do THAT?!??!?
August 18, 2020, 12:19:23 PM
Everyone's betting on the end of 2021.
Hopefully it will create a self-fulfilling prophecy.
Hopefully it will create a self-fulfilling prophecy.
August 18, 2020, 12:12:12 PM
August 18, 2020, 12:00:42 PM
We only went from 11900 to 12400 and back.
Damn it Jimbo you Richie Rich.
Damn it Jimbo you Richie Rich.
No, just comfortable. Where I live a million bucks barely buys you a modest house or smallish condo.
At this point I think you'd need 500 coins to be considered rich. I'm nowhere near that.
Lots of early adopters and miners who continue to hodl are quite rich though.
By the end of next year I'm hoping to be rich. By then anyone with double digits of bitcoins should be a millionaire and anyone with triple digits should be rich.
August 18, 2020, 11:49:18 AM
We only went from 11900 to 12400 and back.
Damn it Jimbo you Richie Rich.
Good thing now we back on $12K surely going to stay on or up now time for some more good rise. Damn it Jimbo you Richie Rich.
August 18, 2020, 11:43:01 AM
We only went from 11900 to 12400 and back.
Damn it Jimbo you Richie Rich.
Damn it Jimbo you Richie Rich.
August 18, 2020, 11:31:25 AM
Good morning Bitcoinland.
I see we completed a full bart but we're still over $12k... currently $12038USD/$15866CAD (Bitcoinaverage).
The battle for $12k rages on.
Some days you earn 6 digits. Some days you lose 6 digits. Easy come easy go. No sweat.
Hodler doesn't panic. Future is bright. Life is good.
I see we completed a full bart but we're still over $12k... currently $12038USD/$15866CAD (Bitcoinaverage).
The battle for $12k rages on.
Some days you earn 6 digits. Some days you lose 6 digits. Easy come easy go. No sweat.
Hodler doesn't panic. Future is bright. Life is good.
Meh, HODLER not affected. Our time in the sun will come
I dunno wha language they are talkin' but they say shitcoins so i am sold like the presidente of barstoolsports is on link.
https://youtu.be/UMZWrNbvg6Q
.. then it dumps a billion in a minute.
https://twitter.com/stoolpresidente/status/1295521678831890433
There are his link marines!
Jump to: