Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7456. (Read 26730695 times)
July 14, 2020, 12:51:41 PM
July 14, 2020, 12:27:14 PM
There has been 11 blocks found in the last hour so that seems pretty quick to me since there should be 6 blocks per hour on average.
1 every ten minutes ideally.
1 every ten minutes ideally.
so are they full or empty?
Check out https://mempool.space/ for a visual representation of current chain activity.
July 14, 2020, 12:07:19 PM
There has been 11 blocks found in the last hour so that seems pretty quick to me since there should be 6 blocks per hour on average.
1 every ten minutes ideally.
1 every ten minutes ideally.
so are they full or empty?
July 14, 2020, 11:07:08 AM
Somebody sent me a 4 sat/byte tx 2 days ago and it still hasn't confirmed :/
Is 4 sat per byte too low to run through Via Bitcoin free transaction accelerator?
I did that earlier today, about 10 hours ago, still nothing... I suppose it will come through eventually. Not too much money so I'm not entirely worried about it.
July 14, 2020, 11:05:00 AM
There has been 11 blocks found in the last hour so that seems pretty quick to me since there should be 6 blocks per hour on average.
1 every ten minutes ideally.
1 every ten minutes ideally.
so are they full or empty?
July 14, 2020, 11:03:22 AM
There has been 11 blocks found in the last hour so that seems pretty quick to me since there should be 6 blocks per hour on average.
1 every ten minutes ideally.
1 every ten minutes ideally.
July 14, 2020, 11:00:20 AM
whats up with the mempool??
Hashrate @ath and still we are congesting?
Hashrate @ath and still we are congesting?
Hashrate has nothing to do with how quickly we clear the mempool.
Well, I suppose if the recent difficulty adjustment was higher than today's current hashrate we could see block times slow down just a little... but that's also normal.
Difficulty is a tad too high, block times remain wonky. Somebody sent me a 4 sat/byte tx 2 days ago and it still hasn't confirmed :/
Forward it to me ad I'll check it out.
July 14, 2020, 10:55:15 AM
whats up with the mempool??
Hashrate @ath and still we are congesting?
Hashrate @ath and still we are congesting?
Hashrate has nothing to do with how quickly we clear the mempool.
Well, I suppose if the recent difficulty adjustment was higher than today's current hashrate we could see block times slow down just a little... but that's also normal.
Difficulty is a tad too high, block times remain wonky. Somebody sent me a 4 sat/byte tx 2 days ago and it still hasn't confirmed :/
Is 4 sat per byte too low to run through Via Bitcoin free transaction accelerator?
July 14, 2020, 10:40:13 AM
whats up with the mempool??
Hashrate @ath and still we are congesting?
Hashrate @ath and still we are congesting?
Hashrate has nothing to do with how quickly we clear the mempool.
Well, I suppose if the recent difficulty adjustment was higher than today's current hashrate we could see block times slow down just a little... but that's also normal.
Difficulty is a tad too high, block times remain wonky. Somebody sent me a 4 sat/byte tx 2 days ago and it still hasn't confirmed :/
July 14, 2020, 10:18:12 AM
whats up with the mempool??
Hashrate @ath and still we are congesting?
Hashrate @ath and still we are congesting?
Hashrate has nothing to do with how quickly we clear the mempool.
Well, I suppose if the recent difficulty adjustment was higher than today's current hashrate we could see block times slow down just a little... but that's also normal.
July 14, 2020, 09:24:22 AM
Well......
July 14, 2020, 09:19:16 AM
Volatility is back to the lows again. I was expecting a "big move" sub 2% on 30-day volatility average a couple of weeks ago, now I'm starting to think we can go sub 1% like in 2018:
Either way, when the move happens, it's likely to be bigger the further the volatility drops. Just like in April 2019 and November 2018.
Either way, when the move happens, it's likely to be bigger the further the volatility drops. Just like in April 2019 and November 2018.
July 14, 2020, 09:18:59 AM
whats up with the mempool??
Hashrate @ath and still we are congesting?
Hashrate @ath and still we are congesting?
July 14, 2020, 09:07:31 AM
So I have tried a few times to download the Coinbase app needed to sign up for the Coinbase debit card. Each time I get "This is not supported in your country".
I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?
Also, I finally got around to filing my extortion papers for the IRS.
Getting married helped keep me from needing to pay any taxes.
Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.
I use a VPN to set my IP in the US so is it not supported in the US? Or is it somehow detecting that I'm really in Panama?
Also, I finally got around to filing my extortion papers for the IRS.
Getting married helped keep me from needing to pay any taxes.
Land of the free...where you have to file your taxes even if you haven't stepped foot in the country all year.
You could renounce your citizenship, but you may well be anticipating getting some income such as social security or maybe you are receiving some other pension, which makes it a BIGGER trade off to renounce.
I am not saying that I agree with world-wide income taxation, and surely there are trade-offs with any system whether we are referring to taxation or other matters of figuring out if you get benefits or will get benefits in the future. Sure, you likely subscribe to one of those libertarian views, and you have already admitted to it, and sure I have issues with libertarians trying to spin matters with out accounting for how to deal with various public goods, but you surely did not start your propounding of libertarian ideas in your teenage years, so you have some issues with your having had made too many USA connections in terms of either prior employment or your desires to return to the USA or to travel around the world with a USA passport causing you to be unwilling to renounce your citizenship.. because it will likely cost you more than what you are willing to admit to because you want to spin the taxation matter in one direction (sure we all have concerns about taxation how their spent and from whom they are collected).
To renounce my citizenship would require paying taxes on the total value of all of my bitcoin holdings as if I sold them the day I renounced. The thought of the amount of brown skinned people in far off lands who's skin will be burned off using my money does not sit well with me.
My thought is that the US will collapse in the next few years so it is not necessary to renounce my citizenship. US citizenship will cease to exist. Then I can just not sign onto the America 2 (the electric boogaloo) citizenship.
But not to worry. I filed this year so when you leave your house in the morning there will be roads.
July 14, 2020, 08:54:27 AM
@mikeinspace
The road to 100K will be long & arduous for #Bitcoin as each 10K rise is someone’s psychological top creating sell pressure and retracement. It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?
HODL brother, HODL!
https://twitter.com/mikeinspace/status/1282862789812531206?s=21
The road to 100K will be long & arduous for #Bitcoin as each 10K rise is someone’s psychological top creating sell pressure and retracement. It’s easy to say you’ll hang on white knuckled all the way up but when will you lick the fiat boot... 20K? 30K? 50K?
HODL brother, HODL!
https://twitter.com/mikeinspace/status/1282862789812531206?s=21
I am wondering if this is not some sarcastic post. He is not exactly one to take that ideological line.
July 14, 2020, 08:11:20 AM
About the poll, I chose September.
Let Bitcoin to have stable image for few more months so I gone with October. I am enjoying the time around right now 😜 
July 14, 2020, 08:09:19 AM
^^ here you go..
wait
so its NOT supposed to look like that??
July 14, 2020, 07:14:12 AM
^^ here you go..
July 14, 2020, 06:41:01 AM
[...]
You do realize that one can draw at least 20 other lines connecting various tops/bottoms, showing absolutely all possible directions of the future prices, right?
Exactly.
I'm no expert in TA (who is?), but to me it seems that most predictions of this kind apply Gambler's Fallacy, expecting a coin that came heads 6 times in a row to come tails the next time they toss it.
All we need to know to predict where it's going long-term can be found here. For short-term predictions, just roll a dice, and you'll be right 50% of the time on average -- better than many TA charts out there.
July 14, 2020, 06:03:21 AM
Never really trusted boats anyway, and now look. 
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