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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7424. (Read 26583142 times)

legendary
Activity: 1464
Merit: 1136
Time to consolidate those inputs.  Mempool currently clearing 1 sat/byte  


Roll Eyes When 0.0001 is worth something in fiat terms you'll be glad you hadn't. Fees will be going down proportionately in btc terms.

I am regretting some of my earlier consolidations, and I wished that I would have kept some of my addresses separated.... sometimes some of us are "too smart" for our own good.   Cry Cry Cry
Good point,  I had already decided to keep the current leg of daily DCA separated. Surely I will spend something one day and will appreciate the smaller balance wallets.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"

Nice pump, hope the guy who tried to drop the price hours ago bites his ass.

Lately, all fakeouts have commenced with a breakout and breakouts seem to be preceded by a fakeout - on short term charts at least. Accumulation been going on for months.



I think we are finally ready to break upward. We all ready.

No!!!!!!

I would like to buy another .01BTC at $8,340.. then I will be ready.   Tongue

Can you guys just hold onto your horses a bit... I am not quite ready.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
When I was a kid, the President of the United States and Bankers and Corporate Officers were respected. Sh*t changes and Sh*t flows downhill...thus we are in the new gilded age of Monopolies and Power/Wealth

concentration
....it likely will only get worse until some kind of 'adult supervision' in ethical business practices/wages and accountability of public officials comes to pass...but it is not gonna be soon....IMHO, sorry to say. Smiley

It takes time. Anti-trust laws and labor unions didn't happen overnight, nor did the degeneration of unions from workers' collectives to extortion organizations.

Collectives are collectives, whether they are labor collectives like unions, capital collectives like banks and other corporations, political collectives like royal dynasties and communist parties, or social collectives like religions.

Collectives eventually become corrupt and must be taken down. Sometimes they can be taken down relatively peacefully like the Soviet Union. More often they require violent revolutions.

Let's hope the Bitcoin revolution is non-violent.

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Roll Eyes When 0.0001 is worth something in fiat terms you'll be glad you hadn't. Fees will be going down proportionately in btc terms.
At that time I'll have an address with a single input. It cost me $1.73 in fiat terms today to consolidate 143 inputs on that address. Somehow I thought consolidating at low sats today better prepares a long term hodl position. Especially considering that transaction fees are likely to go up as new users create economy and network traffic.

Good job and thanks for the heads-up. I did not have to consolidate, but sent a tx with about 2sat/byte and it was included in a block within 2-3 hrs.
@JJG has a point, though, maybe it is good to keep some wallets with multiple 0.01-0.05 btc UTXO's unconsolidated (like a bunch of loose pearls [or diamonds, lol] in a jewelry box).

People who made series of 1btc paperwallets (as few were recommending about five years ago) when btc was around $200 certainly cut it in chunks that may become too big from the theoretical perspective of possible $200-300K/coin.

1 BTC per address is way more manageable than some of those earliest coinbase blocks of 50BTC per address, and some of those earlier addresses had not moved any coins, so seems kind of interesting to just pick one address at a time, but then now, the one example we have of someone who likely has linked 145 addresses to one owner... go figure.  Maybe some privacy tools might get better in the future, but of course, no guarantees of that, either.

In 2015/2016, there seemed to have been a decent number of HODLers who were consolidating BTC addresses in around the 10 BTC quantity, and so now, some of those 10BT addresses might feel like they are too many coins in one location.

But sure the multiple denominations might not necessarily be a bad way to keep some addresses in a variety of quantities and giving some flexibility, but sure of course, if currently the quantities of BTC are in the neighborhood of .01 BTC or lower, then it might well be prudent to consolidate those addresses...

I guess my point remains that sometimes it might just not be worth it to move coins around now, just for the mere sake of it without really knowing future parameters and even speculating that some BTC terms might be different 5 or 10 years from now, such as the fees might be higher..   or the blocks might be full... hahahahaha
hero member
Activity: 845
Merit: 609

Nice pump, hope the guy who tried to drop the price hours ago bites his ass.

Lately, all fakeouts have commenced with a breakout and breakouts seem to be preceded by a fakeout - on short term charts at least. Accumulation been going on for months.



I think we are finally ready to break upward. We all ready.
copper member
Activity: 2898
Merit: 1465
Clueless!
I see a country descending into open rebellion against its oppressive, unjust, inequitable Police State.

There is no greater symbolism of the endless systemic oppression than an agent of the state kneeling on a totally incapacitated dying man in the street.

I don't see this ending until vast swathes of the dystopian police state apparatus, ideology and funding empires are dismantled and dumped in the dustbin of history. They cannot be reformed peacefully so they will only go violently.

The people have finally woken up and The People always get the final say in matters of the nature of the state. Look it up, it's in the Constitution. There's 40 million unemployed Americans and probably tens of millions more disaffected enough to take to the streets. At most the US armed state agencies could rally perhaps a few million. In the end its just math.

Ultimately its about freedom.

When I was a kid, the police were respected members of the community, the boys in blue. They walked a beat and knew everyone by name and everyone knew them by name. We didn't fear and hate them. We respected and appreciated them.

Somewhere along the way everything changed. They switched from friendly blue to intimidating black. They started hiding their faces. They separated themselves from society. They developed an adversarial "us against them" stance and started treating the community (their bosses) as the enemy. They hid behind the anonymity of their uniforms and refused to give their names. They abdicated all personal responsibility.

What is long overdue is individual identification of all police officers. It should be mandatory for all police officers (except those on active undercover duty) be identifiable. Their names and badge numbers should be clearly displayed on the fronts and backs of all uniforms. They should also be displayed on the outside of their upper arms and thighs, so would be no doubt about the personal identity of all officers even if camera angles were obscured.

This would be an obvious first step toward re-integrating the police into decent society. Hiring practices must also be re-evaluated. As long as police officers are social pariahs, only social misfits choose to become police officers. Most normal people don't choose a career that leads to ostracism unless they are already outsiders, hence the bullied-in-the-schoolyard-and-seeking-revenge syndrome seen in so many of today's police departments. Better psychological testing must be used to weed out the violent, sadistic, authority-oriented applicants.

It's perhaps not as bad in Toronto as in most big American cities, and in fact it's getting much better since the confrontations between the public and the police during the 2010 G-20 meetings. More individual officers are making an attempt to reintegrate themselves and the evil Police Association is slowly losing it's power. It still has a long way to go though. There are still individual officers who hide behind their badges and think they're better than the law.  

Some are simply arrogant doofuses like "Officer Bubbles":

https://www.youtube.com/watch?v=PGMTm3QRwEc

Bubbles did not even lose his job.

They seem to forget who's the employee and who's the employer.

America  calls itself "The Land of the Free and the Home of the Brave". You can ask George Floyd's family about freedom, and there's nothing brave about 4 fully armed police officers murdering a handcuffed, unarmed man over a $20 non-violent crime.

The time has come to start treating police officers personally, as individual men and women, not as faceless uniform wearers, and it is time for police officers to start realizing they are members of the human race and start acting like it.

It would be best if they/we could affect this change peacefully. If not it seems like civil war is close, the people versus the state. It would be a very bloody war indeed.




When I was a kid, the President of the United States and Bankers and Corporate Officers were respected. Sh*t changes and Sh*t flows downhill...thus we are in the new gilded age of Monopolies and Power/Wealth

concentration....it likely will only get worse until some kind of 'adult supervision' in ethical business practices/wages and accountability of public officials comes to pass...but it is not gonna be soon....IMHO, sorry to say. Smiley


legendary
Activity: 3066
Merit: 1188

Nice pump, hope the guy who tried to drop the price hours ago bites his ass.

Lately, all fakeouts have commenced with a breakout and breakouts seem to be preceded by a fakeout - on short term charts at least. Accumulation been going on for months.


legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Nice pump, hope the guy who tried to drop the price hours ago bites his ass.

Actually it's not the first pump that maybe started with a fake dump (or got triggered by a real dump?)
legendary
Activity: 3892
Merit: 4331
Roll Eyes When 0.0001 is worth something in fiat terms you'll be glad you hadn't. Fees will be going down proportionately in btc terms.
At that time I'll have an address with a single input. It cost me $1.73 in fiat terms today to consolidate 143 inputs on that address. Somehow I thought consolidating at low sats today better prepares a long term hodl position. Especially considering that transaction fees are likely to go up as new users create economy and network traffic.

Good job and thanks for the heads-up. I did not have to consolidate, but sent a tx with about 2sat/byte and it was included in a block within 2-3 hrs.
@JJG has a point, though, maybe it is good to keep some wallets with multiple 0.01-0.05 btc UTXO's unconsolidated (like a bunch of loose pearls [or diamonds, lol] in a jewelry box).

People who made series of 1btc paperwallets (as few were recommending about five years ago) when btc was around $200 certainly cut it in chunks that may become too big from the theoretical perspective of possible $200-300K/coin.
legendary
Activity: 1464
Merit: 1136
Roll Eyes When 0.0001 is worth something in fiat terms you'll be glad you hadn't. Fees will be going down proportionately in btc terms.
At that time I'll have an address with a single input. It cost me $1.73 in fiat terms today to consolidate 143 inputs on that address. Somehow I thought consolidating at low sats today better prepares a long term hodl position. Especially considering that transaction fees are likely to go up as new users create economy and network traffic.
legendary
Activity: 2184
Merit: 1213
Nice pump, hope the guy who tried to drop the price hours ago bites his ass.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
legendary
Activity: 2184
Merit: 1213
Honestly I would not wonder if the globalists are behind this Virus, the killing of Floyd and the protests in the US! Just 5 months before the elections. Another 4 years of Trump would mean the end for Soros and Co.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Somewhere along the way everything changed. They switched from friendly blue to intimidating black. They started hiding their faces. They separated themselves from society. They developed an adversarial "us against them" stance and started treating the community (their bosses) as the enemy. They hid behind the anonymity of their uniforms and refused to give their names. They abdicated all personal responsibility.

A large part of this coincides with the militarization of the police. Flooding the forces with surplus military equipment, hiring direct from the military (and assuming military training with no decompression can substitute for civilian police training), shifting patrols so cops don't patrol their own neighborhoods, not hiring out of those neighborhoods, the various "war on XX" initiatives all promote that us vs. them mentality.

https://fee.org/articles/the-militarization-of-americas-police-a-brief-history

That's exactly what I was talking about... militarization.

If it does turn into a complete civil war, it will be the state that drew first blood.

It's not really principally a war between the public and the police. It's a war between the government and the people.

That's what makes the second amendment to the constitution of the USA so meaningless in the 21st century. What good are the arms American citizens are allowed to bear compared to military weapons? Bring a knife to a gunfight? Bring a gun to a missile fight?

Because when you're at the point where you're fighting your own government's army with a handgun your biggest concern is that government laws don't allow you to legally acquire a fully automatic 50cal?   Roll Eyes
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
OK, here's what I got with

4 year shift

16x price shift



Can't say I see any short-term similarities, but long-term trend is here.

Your rationale for a 16x would be a doubling every year?

That doubling every year would not be sustainable, would it, even though it looks o.k. in this two year snap shot (x2)?
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Somewhere along the way everything changed. They switched from friendly blue to intimidating black. They started hiding their faces. They separated themselves from society. They developed an adversarial "us against them" stance and started treating the community (their bosses) as the enemy. They hid behind the anonymity of their uniforms and refused to give their names. They abdicated all personal responsibility.

A large part of this coincides with the militarization of the police. Flooding the forces with surplus military equipment, hiring direct from the military (and assuming military training with no decompression can substitute for civilian police training), shifting patrols so cops don't patrol their own neighborhoods, not hiring out of those neighborhoods, the various "war on XX" initiatives all promote that us vs. them mentality.

https://fee.org/articles/the-militarization-of-americas-police-a-brief-history

That's exactly what I was talking about... militarization.

If it does turn into a complete civil war, it will be the state that drew first blood.

It's not really principally a war between the public and the police. It's a war between the government and the people.

That's what makes the second amendment to the constitution of the USA so meaningless in the 21st century. What good are the arms American citizens are allowed to bear compared to military weapons? Bring a knife to a gunfight? Bring a gun to a missile fight?
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Time to consolidate those inputs.  Mempool currently clearing 1 sat/byte  


Roll Eyes When 0.0001 is worth something in fiat terms you'll be glad you hadn't. Fees will be going down proportionately in btc terms.

I am regretting some of my earlier consolidations, and I wished that I would have kept some of my addresses separated.... sometimes some of us are "too smart" for our own good.   Cry Cry Cry
full member
Activity: 896
Merit: 236



Wouldn't it be better to compare 2012, 2016 and 2020?
Those are the years with halvings.

That would end up showing different information..  Wink   different from what Phil_S (the chart creator) apparently wants to show in contrast to what Arriemoller (the chart viewer) would like to see.  Tongue Tongue



 Cheesy Cheesy Cheesy Cheesy

But sadly peoples still not understanding this all  Cheesy Grin
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