Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 747. (Read 26580355 times)
May 06, 2024, 10:01:17 PM
May 06, 2024, 09:01:15 PM
May 06, 2024, 08:57:39 PM
WTF, Is it believable for a low amount transaction of this fee.
4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer.
4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer.
Hmm. No change address. Weird. I don't think any legit wallet would miss that.
Looks like they mixed up the fee and the output fields, ie meant to send the ~1.6 btc
There is no fee field. Any fund not allocated is the fee. Usually you have the target and the change address (though you can't necessarily tell which is which) but you can have more target addresses if you want.
May 06, 2024, 08:01:18 PM
May 06, 2024, 07:35:47 PM
We have the pushup challenge going on... You could start out with 30 per day.. 3 sets of 10 or some other manageable way of getting in some exercise as we are planning for $100k (as an intermediary bump in the road to higher BTC price statuses)
100 Push-Ups A Day Until Bitcoin Is $100K Challenge
I'm definitely not doing that (I can't) but I bought a sturdy, magnetic self powered exercise bike that gives out calories spent and I was already trying (since a few days) to spend at least 100 calories a day on it. It's not that much but it's a start, once it's achieved and sustained I will increase it.100 Push-Ups A Day Until Bitcoin Is $100K Challenge
As we get older (especially after our mid-30s), we have more and more difficulties retaining muscle, and that is one of the benefits of resistance training rather than cardio.. of course, some cardio is good, and walking can be quite good too.. but sometimes there is going to be a need for some kind of resistance training, especially as we are getting older... We are all getting older.. but some of us might already be older than others, and yeah, whether there is any kind of actual need to do resistance training or cardio exercises or just to do normal activities can be questions of preferences, and surely diet and sleep are also important in terms of attempting to maintain health.
Also it wasn't planned but today (day off) I helped my mother cutting some trees in the garden with a small chainsaw and by the end of it my arms hurt but I could feel my muscles in a good way so I'm motivated to get the dumbbells out !
Surely some of the manual labor can be good too.. and surely dumbbells can be used as a form of resistance training, too.
May 06, 2024, 07:25:45 PM
. May 06, 2024, 07:01:16 PM
May 06, 2024, 06:04:54 PM
That was...unexpected. One off? Who's buying into a fund with 1,5% fees
I don't trust all these twitter stats. There is a huge difference between them and https://platform.arkhamintelligence.com/explorer/entity/grayscale where every transaction can be seen. According to it, yesterday was again negative with 1900BTC outflows and 0 inflows. The day before that 1000BTC inflows and 4200BTC outflows. I don't know where this huge difference is coming from, but it is a fact. Even if we don't count the non labeled addresses, the outflows are still much bigger than all twitter accounts report.
Haven't used that site so can't comment where the difference is coming from, but that info lines up with https://farside.co.uk/?p=997 and typically with bloomberg data (although i haven't seen bloomberg data for friday yet). On top of that https://etfs.grayscale.com/gbtc is currently showing "As of 05/03/2024 Total Bitcoin in Trust 291,238.7864" i believe the stats are before the market opened on that day, that is they had 291,238.7864BTC at closing on Thursday the 2nd. So if everything is correct GBTC should have about BTC1k inflow on Friday or BTC292k+ in trust at opening on Monday, that should be reflected in their stats once they update it on Monday.
Following up, sure enough now https://etfs.grayscale.com/gbtc is currently showing "As of 05/06/2024 Total Bitcoin in Trust 292,217.6761" so GBTC did in fact add BTC1k last Friday. Furthermore looks like they added another $3.9MM in BTC today, second day of inflows into GBTC
, have I somehow switched into antiverse? May 06, 2024, 06:01:14 PM
May 06, 2024, 05:01:14 PM
May 06, 2024, 04:34:14 PM
After hitting a supposed 2 month low the week before, the week closed in the green. This in itself is a very positive sign. I don't do TA, and generally I don't get too excited about the daily fluctuations. Now the only question is when will be the next ATH - before or after the summer months. Based on my nearly 7 year experience of sitting and watching (ref. to Mr Bean 
), I have developed a 6th sense of where the price will go. Now this feeling tells me that within 1 month we will have a new ATH and may be hitting 80K. This feeling has lied to me many times in the past, but the more time passes, the fewer mistakes there are. So I'm not saying this as an expert opinion, I'm just sharing my feeling and wondering if others feel the same way.
), I have developed a 6th sense of where the price will go. Now this feeling tells me that within 1 month we will have a new ATH and may be hitting 80K. This feeling has lied to me many times in the past, but the more time passes, the fewer mistakes there are. So I'm not saying this as an expert opinion, I'm just sharing my feeling and wondering if others feel the same way.In our neighborhood
A word resounds more often
We call it SOMA
#haiku
May 06, 2024, 04:31:50 PM
Greetings wall observer legends. As a token of gratitude, I would be making free. Avatars for the first 3 members that are interested. All you would have to do is indicate by quoting me then PM me with a description of what you want.
Happy wall observation
- please member should at least be a hero member
- Member should be an active poster in wall observer thread
- member should be a wall observer poster since at least December 31st
Happy wall observation
Where's your avatar?
We have a mad hatter here
(But he's not too mad)
#haiku
May 06, 2024, 04:15:58 PM
We have the pushup challenge going on... You could start out with 30 per day.. 3 sets of 10 or some other manageable way of getting in some exercise as we are planning for $100k (as an intermediary bump in the road to higher BTC price statuses)
100 Push-Ups A Day Until Bitcoin Is $100K Challenge
100 Push-Ups A Day Until Bitcoin Is $100K Challenge
I'm definitely not doing that (I can't) but I bought a sturdy, magnetic self powered exercise bike that gives out calories spent and I was already trying (since a few days) to spend at least 100 calories a day on it. It's not that much but it's a start, once it's achieved and sustained I will increase it.
Also it wasn't planned but today (day off) I helped my mother cutting some trees in the garden with a small chainsaw and by the end of it my arms hurt but I could feel my muscles in a good way so I'm motivated to get the dumbbells out !
I didn't notice that the 200 WMA for BTC is over 30K, almost 35K, that's nice.
It is not really in unusual territories, and it is currently going up at about a pace of 42% annualized (about $40 per day currently)... That is neither outrageous nor whimpy.. .... and yeah also currently the spot price is right around 85% higher than the 200-WMA. You can see current or historical dates for the 200-WMA as compared to the BTC spot price here : https://bitcoindata.science/withdrawal-strategy
Good link thanks.
May 06, 2024, 04:01:15 PM
May 06, 2024, 03:25:37 PM
Yeah it's good but I'm too fat, I needed to lose weight first then that would have been good, regular exercise, especially since my boss goes down 5-6 times a day for coffee+cigar so I would go with him (minus the cigar).
I didn't notice that the 200 WMA for BTC is over 30K, almost 35K, that's nice.
I didn't notice that the 200 WMA for BTC is over 30K, almost 35K, that's nice.
It's a good idea, the difficult part is getting started. I'm in this fight too... I've already lost 60lb... gym and reduced sugar.
May 06, 2024, 03:00:02 PM
Who are the a-holes who always sell it on Mondays and early in the week?
You seem to be presuming that this is ONLY a temporary condition?..
I mean we had a pump towards the end of last week that continued through the weekend, and sure we are not back to the location in which the pump started (maybe around $59,500-ish), but we are close to the same place we were at the start of the weekend.. upper $62ks-ish..
I am getting the sense that there is nothing much to see here... but maybe it is just me?
By the way, I was starting to potentially get a little aroused that we might have gotten towards the beginning of the noman's land, which I still think is around $55k- even though some folks think it is in the lower $50ks - and I am neither impressed with those ideas nor the idea that lower $50ks need to be revisited.. yet playing around with the lower to mid $60ks seems like a BIG nothing burger, and sure currently all of our top 100 weighted average days have to be in the $60ks in order to get added to the table...
- $60,481 as of today to be exact.. https://bitcointalksearch.org/topic/m.64037901
Perhaps in 5 days all of the sub $61k prices are going to be removed from that top 100 table...
Sometimes the creation of higher prices on the table takes time to play out.. We still have a 2021 date in that table that is as high as 26th place, which is $67,483.. so it could take a while to get that one off of the table.. 75 days minimum.. and probably a while longer than that the way these price actions seem to be going, and I don't know if BTC's price failure/refusal to go up action is being exacerbated based on so many seemingly ongoing attacks on self-custody, which many of us already realize to be quite a bit of the raison d'etre regarding bitcoin even having a value proposition.
May 06, 2024, 02:31:35 PM
Who are the a-holes who always sell it on Mondays and early in the week?
May 06, 2024, 02:01:14 PM
May 06, 2024, 01:57:40 PM
Yeah it's good but I'm too fat, I needed to lose weight first then that would have been good, regular exercise, especially since my boss goes down 5-6 times a day for coffee+cigar so I would go with him (minus the cigar).
We have the pushup challenge going on... You could start out with 30 per day.. 3 sets of 10 or some other manageable way of getting in some exercise as we are planning for $100k (as an intermediary bump in the road to higher BTC price statuses)
100 Push-Ups A Day Until Bitcoin Is $100K Challenge
I didn't notice that the 200 WMA for BTC is over 30K, almost 35K, that's nice.
It is not really in unusual territories, and it is currently going up at about a pace of 42% annualized (about $40 per day currently)... That is neither outrageous nor whimpy.. .... and yeah also currently the spot price is right around 85% higher than the 200-WMA. You can see current or historical dates for the 200-WMA as compared to the BTC spot price here : https://bitcoindata.science/withdrawal-strategy
May 06, 2024, 01:25:13 PM
Yeah it's good but I'm too fat, I needed to lose weight first then that would have been good, regular exercise, especially since my boss goes down 5-6 times a day for coffee+cigar so I would go with him (minus the cigar).
I didn't notice that the 200 WMA for BTC is over 30K, almost 35K, that's nice.
I didn't notice that the 200 WMA for BTC is over 30K, almost 35K, that's nice.
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