Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7571. (Read 26723310 times)

legendary
Activity: 1891
Merit: 3096
All good things to those who wait
@JJG
I am totally gambling with my crypto investment. I’m way over invested, if it all goes to $0 I am still a partner in a business & can live comfortably on what that brings in though.

Bitcoin is my honey pot though, I could sell everything now & pull out a lot of fiat but I have bigger dreams, much bigger. It’s all worked out very well so far.

I trust in the process, end of 2021 = fireworks.

Same. Either it goes to Mars and I get rich, or it goes to $0 and my life stays the same. YOLO

An accountant friend tried telling me to take some profits. I know that's good advice. However, what am I going to do with non-life changing amounts of money? I can already afford to eat what I want, take vacations, whatever. So, I'll let it all ride.  Cool

Here goes my last merit. This is absolutely my situation. #todamars
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
I keep my major node at least 2 versions back. Who knows what shit these dweebs will pull this time.

17.1 here

runs fine


Quote
Bitcoin Core 0.20.0 was released!
It is available from bitcoincore.org/en/download/
Release mail: https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2020-June/000091.html

legendary
Activity: 1891
Merit: 3096
All good things to those who wait
I don’t know if anyone remembers this game/list.....

This first sad face on this list was 27-12-2017

Now two remaining able to win the prize

-20/02/2020 romneymoney
-18/12/2021 luckygenough56

The game was when we hit 24777$

Who are you guys betting on from this moment?


The first date is past, so romneymoney lost.

No, the date closest to the price ... see he still has a few months....
Ok, my bad, I don't remember the rules honestly. In this case romneymoney has around 8 months to win. I would bet, however, on luckygenough56.
legendary
Activity: 1652
Merit: 4393
Be a bank
It might not save us all. It will disrupt the fuck out of us. Undecided

I keep my major node at least 2 versions back. Who knows what shit these dweebs will pull this time.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
Gentlemen, fellow WO Gang members, bitcoiners:
Time to upgrade your nodes:

Quote
Bitcoin Core 0.20.0 was released!
It is available from bitcoincore.org/en/download/
Release mail: https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2020-June/000091.html

https://twitter.com/bitcoincoreorg/status/1268139247627907072?s=21
legendary
Activity: 1652
Merit: 4393
Be a bank
The virus wrong-footed every person on the planet. Me, you, scientists and politicians. It exposed holes in our thinking, our powers of prediction, our coping methods and our very systems of control. All of us, all of you, all of them.

Uncertainty is a huge bitch, and there hasn't been any certainty around the virus at all. Way down the road, at a better time to evaluate all this, there will still be no way to be sure what even happened, let alone how well it got tackled.

And we might be too busy anyway:

legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
I don’t know if anyone remembers this game/list.....

This first sad face on this list was 27-12-2017

Now two remaining able to win the prize

-20/02/2020 romneymoney
-18/12/2021 luckygenough56

The game was when we hit 24777$

Who are you guys betting on from this moment?


The first date is past, so romneymoney lost.

No, the date closest to the price ... see he still has a few months....
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
I don’t know if anyone remembers this game/list.....

This first sad face on this list was 27-12-2017

Now two remaining able to win the prize

-20/02/2020 romneymoney
-18/12/2021 luckygenough56

The game was when we hit 24777$

Who are you guys betting on from this moment?


The first date is past, so romneymoney lost.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
I don’t know if anyone remembers this game/list.....

This first sad face on this list was 27-12-2017

Now two remaining able to win the prize

-20/02/2020 romneymoney
-18/12/2021 luckygenough56

The game was when we hit 24777$

Who are you guys betting on from this moment?

hero member
Activity: 1988
Merit: 593
Heating one room in winter is equivalent to 60 people in a train wagon which does not require heating. You are suggesting that the population should be reduced, but why if it is possible to move everyone to Africa, where heating is not required?

bitcoin should be banned, it emits a lot of heat
hero member
Activity: 2604
Merit: 961
fly or die
The latest pump made clear that we ain't going down soon, it seems. So we're in some kind of truncated correction move sideways with the bias to the upside.

The latest dump can only mean more of them sideways correcting/truncating.

As indicated by others, it's still accumulation time.

Those waiting for sub $7,xxxx:



If you're a no coiner that's one thing, but if you have a decent stash, wouldn't you keep some cash for a dip ?
legendary
Activity: 3122
Merit: 1538
yes
The latest pump made clear that we ain't going down soon, it seems. So we're in some kind of truncated correction move sideways with the bias to the upside.

The latest dump can only mean more of them sideways correcting/truncating.

As indicated by others, it's still accumulation time.

Those waiting for sub $7,xxxx:

hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis

anyway, as to the content, not 'capitulating', but trading; hedging, regrouping etc


Etc, etc, but please fasten your seat belts dear gentlemen. Wink
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
https://twitter.com/_connerbrown_/status/1267311826003525633

Quote
This past week miners have sold 673 more bitcoin than were generated. We are seeing capitulation from inefficient miners, but prices are holding steady.

What do you think happens when these miners are finally shaken out?




How does he obtain that data? I am skeptical.

I think this is the soure of the graph:
https://terminal.bytetree.com/bitcoin

Just click on the on-chain tab.

I am skeptical too on this indicator.
Once the coinbase is mined can sit there and the miner can sell very old coinbase, or on the contrary the coibae can be moved immediately to pool's participant.
Both this facts can dramatically change the result of the indicator.

I don't know: It would be intresting to figure out how much is the flow of money from miners (or rather pools) to exchanges. this is actual selling to pay for running expenses (hardware, electricity bils etc.).


You ask, and someone provide:

Quote
Significant outflows from the unknown miner before the dip. They're CAPITULATING.
https://cq.live/prochart/229?window=block




So here we have two information on one tweet:
  • It is possible to track flows from mining pools
  • The dump was not a whale playing the market, rather than an unknown miner selling (part of) his stash

I really don't believe that stats from a website that is not quite functional yet. What does it mean: Unknown Mining Pool 1 Outflows? What about the known pools? And besides, the chart is wrongly interpreted: it is not outflow from 1 miner wallet, it is the total withdrawals from the pool. It is clear that the miners would sell more with the higher price but why should one miner dump the price by 10%? The price above 10K is desparately needed even for the last generation asics owners. They are even more concerned about the price than us the hodlers, trust me.

legendary
Activity: 1652
Merit: 4393
Be a bank
link the tweet then phil, i double dare you  Roll Eyes also strike out the 'than' ^ for English clarity's sake  Kiss

anyway, as to the content, not 'capitulating', but trading; hedging, regrouping etc


edit: nice brother. some people don't like their experiments in english being critiqued, i get it, but you have been most charming.
legendary
Activity: 2380
Merit: 17063
Fully fledged Merit Cycler - Golden Feather 22-23
https://twitter.com/_connerbrown_/status/1267311826003525633

Quote
This past week miners have sold 673 more bitcoin than were generated. We are seeing capitulation from inefficient miners, but prices are holding steady.

What do you think happens when these miners are finally shaken out?




How does he obtain that data? I am skeptical.

I think this is the soure of the graph:
https://terminal.bytetree.com/bitcoin

Just click on the on-chain tab.

I am skeptical too on this indicator.
Once the coinbase is mined can sit there and the miner can sell very old coinbase, or on the contrary the coibae can be moved immediately to pool's participant.
Both this facts can dramatically change the result of the indicator.

I don't know: It would be intresting to figure out how much is the flow of money from miners (or rather pools) to exchanges. this is actual selling to pay for running expenses (hardware, electricity bils etc.).


You ask, and someone provide:

Quote
Significant outflows from the unknown miner before the dip. They're CAPITULATING.
https://cq.live/prochart/229?window=block


https://twitter.com/ki_young_ju/status/1267849052999127040?s=20

So here we have two information on one tweet:
  • It is possible to track flows from mining pools
  • The dump was not a whale playing the market, rather an unknown miner selling (part of) his stash


EDIT: Sorry, forgot to attach the Twitter source.
EDIT: Getting grammar lessons for my broken English from LotV8's!
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