Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 983. (Read 26711860 times)
March 27, 2024, 11:01:14 PM
March 27, 2024, 10:14:50 PM
Leaving traditional currency in the dust. #Bitcoin is paving the way for a new era of digital finance. Embrace the future, embrace the change. 🚀💰
https://twitter.com/Bitcoin/status/1772967868826608124
https://twitter.com/Bitcoin/status/1772967868826608124
March 27, 2024, 10:01:15 PM
March 27, 2024, 09:29:27 PM
"don't wake me up zone"
I know that is the right attitude to have. Especially right now. I also know if we do start dropping that low it will be incredibly tempting to capture some gains and not get caught riding out another cycle. Resisting the urge to cash out during the next bear trap may be the difference between riding the rocket to the moon or not. Personally, I don't believe in selling on the way down, .. so from my point of view there has to be some attempts to commit to selling on the way up at various points, even if the BTC price might be going up further .. and it seems quite possible for anyone who has been accumulating and/or holding BTC for a decent point of time to figure out either 1) various places to cash out a little bit on the way up or 2) cash out some on a regular basis no matter what the price or 3) cash out merely at points that you need some, which also likely is not very sensitive what the price..
yet of course, if we have enough BTC and/or more than enough BTC we could still modify our behaviors a bit in terms of figuring out when the BTC price is at relatively low points of being within 25% or closer to the 200-WMA or maybe on the other side of matters when the BTC price is several multiples higher than the 200-WMA... . and yeah, right now we are ONLY around 2x higher than the 200-WMA and we are also passing through no man's land (or don't wake me up zone) and surely anyone who is nervous should just sell a bit of BTC even if this seems like a pretty fucking dumb area to be selling any BTC.. but hey, guys can do what they like... .
I also don't think guys should be getting worried about if they might end up holding for 2-3 years or longer to get back to current prices, and sure anything can happen, but if they cannot hold and/or keep buying BTC for the next 2-3 years if the BTC price were to drop, then they might already be overexposed and needing to shave off some corns at various points along the way, even if these are likely price points that are going to end up in a lot of regrets for guys selling way too many coins too early.. but shaving off a few here and there, should not be a problem for any guy who is already overly allocated or has been in bitcoin for quite a while, even if we might end up doing another 10x or more from here in the coming 6-18 months.
By the way, in my own personal situation, I have been selling on the way up since $250-ish.. so I have no problem to continue to sell if it goes up or just start buying if it goes down, and so I have outstanding buy orders that go down to $20k-ish.. but if there were some reason that I need some worldly goods and/or services and I feel that I don't have enough fiat, I don't have any problem shaving more off here or at any price point, even if we might dip some more so I am not necessarily selling in regards to the price if there were some event that motivated me to shave off some coins which for sure could happen at any time.. .. yet at the same time, just continuing to shave off some from here to $700k or whatever the high point ends up being is kind of already tentatively planned out, even though my current sell orders ONLY go up to around $150k.. but if we get into the mid $80ks or higher, I might need to add some additional sell orders.. since I hate to NOT have sell orders at less than 2x the current price..
I also hate to have too many encumbrances of having too many orders to maintain, in either price direction, so sometimes there can be some value in culling some of the current existing orders and increasing the spreads for the ones on the way down.. and on the way up, I have already pretty much had them established since early 2021.. even though there have been a few tweaks here an there. and also sometimes exchanges will cancel or lose all of the outstanding orders, so they have to be set up again after that happens, which might be an opportunity to rethink them (and/or tweak them) a wee bit to make them more logical and/or comfortable...
.So does this mean that in the past few days, you started to time the ChartBuddy recap to run from midnight UTC until the following midnight?
That seems good, so that we would know that the first ones in the run would be early in the day and the last ones in the run would be at the end of the day, in terms of UTC.. Maybe you could add some kind of a description of that, so that it is easier to understand how it runs?
I personally have been tending to look more at the recaps rather than the actual ChartBuddys, since that provides a lot of juxtaposition of each of the hourly reports and if one or more of them stand out, then that could motivate going back and looking at the one or two that stand out.
March 27, 2024, 09:22:40 PM
going to make some hard decisions very soon.
The mine was shut off by about 50%
Once ½ ing comes I will likely drop mine to under five pieces of gear. From over 85 pieces of gear.
got coin hodled zero debt. but it will be different not having a few hundred k in gear mining. ⛏️
The mine was shut off by about 50%
Once ½ ing comes I will likely drop mine to under five pieces of gear. From over 85 pieces of gear.
got coin hodled zero debt. but it will be different not having a few hundred k in gear mining. ⛏️
What happened to the mine? 50% offline?
lost one of the two mining rooms in clifton, nj
we are in a smaller footprint. with about 22 units doing 1700th.
Sell the units! And buy Bitcoin! You had a good run!
March 27, 2024, 09:01:14 PM
March 27, 2024, 08:46:51 PM
going to make some hard decisions very soon.
The mine was shut off by about 50%
Once ½ ing comes I will likely drop mine to under five pieces of gear. From over 85 pieces of gear.
got coin hodled zero debt. but it will be different not having a few hundred k in gear mining. ⛏️
The mine was shut off by about 50%
Once ½ ing comes I will likely drop mine to under five pieces of gear. From over 85 pieces of gear.
got coin hodled zero debt. but it will be different not having a few hundred k in gear mining. ⛏️
What happened to the mine? 50% offline?
lost one of the two mining rooms in clifton, nj
we are in a smaller footprint. with about 22 units doing 1700th.
March 27, 2024, 08:05:42 PM
March 27, 2024, 08:01:13 PM
March 27, 2024, 07:50:52 PM
going to make some hard decisions very soon.
The mine was shut off by about 50%
Once ½ ing comes I will likely drop mine to under five pieces of gear. From over 85 pieces of gear.
got coin hodled zero debt. but it will be different not having a few hundred k in gear mining. ⛏️
The mine was shut off by about 50%
Once ½ ing comes I will likely drop mine to under five pieces of gear. From over 85 pieces of gear.
got coin hodled zero debt. but it will be different not having a few hundred k in gear mining. ⛏️
What happened to the mine? 50% offline?
March 27, 2024, 07:49:33 PM
Our friend @sabotagex from the Portuguese local board shared it with us and that's why I decided to bring it here so you can see how interesting it is. Will the halving block have a surprise like this? I had never seen this
What is truly amazing is the dedication these mining pools have to advancing the understanding of bitcoin blocks/template and mining overall. To think they gave up 3 to 4 blocks just to work on this template! That is a true sacrifice! Hats off to them!Olhem só a maravilha do bloco 836361: https://mempool.space/block/0000000000000000000341cc26cda4af82cd25f7063c448772228cbf2836915b?audit=false
Explicação da própria Marathon:
Explicação da própria Marathon:
This morning, we mined the M block on #Bitcoin – a visual demonstration of Marathon’s template building capabilities and vertical tech stack.
Blockchain indexers can visualize bitcoin transactions through square blocks and color gradients based on their transaction size and fee rate.
Because we own our own mining pool, we can craft the order of transactions in a block to create a form of “block art”, creating a custom graphic that can be seen by all through indexer websites such as http://mempool.space.
This new way to utilize #Bitcoin could present a wave of creative potential; however, we are not offering this as a service at this time.
Since we operate a private mining pool and we’ll continue to experiment new ways to innovate with #Bitcoin, we encourage the rest of the Bitcoin network to exclude our blocks from their FPPS calculations for more accurate miner fee estimates, even though our effect on FPPS may be minimal.
Blockchain indexers can visualize bitcoin transactions through square blocks and color gradients based on their transaction size and fee rate.
Because we own our own mining pool, we can craft the order of transactions in a block to create a form of “block art”, creating a custom graphic that can be seen by all through indexer websites such as http://mempool.space.
This new way to utilize #Bitcoin could present a wave of creative potential; however, we are not offering this as a service at this time.
Since we operate a private mining pool and we’ll continue to experiment new ways to innovate with #Bitcoin, we encourage the rest of the Bitcoin network to exclude our blocks from their FPPS calculations for more accurate miner fee estimates, even though our effect on FPPS may be minimal.
I might not understand what is going on exactly, when they are likely creating systems to receive payments outside of bitcoin's onchain incentive systems and they are mining empty blocks at the same time. I am not going to presume benevolence and/or innovativeness when they are likely trying to suck folks into paying them to process transactions through their own private means...
Call me an uninformed skeptic.
Fuck Marathon.
ummmm.... uninformed skeptic?...
Not sure about processing transaction through private means or what shenanigans there are up to, over at marathon, but the above has nothing to to with that, and i don't think there will be any real world applications... yet.. if there is, i can not see it... i just think it was awesome they had an idea, and knew it would cost them in loss earnings, and they still went with it... from my calculations, using their pool hash rate, they would have lost about $1.8m - $3.6m
you can commission a pool to paint an image. the pool can assert you did it.
I think some will sell maybe a “Lets go brandon” image.
I thought about Nike having their swoosh mapped as a template, but the problem is how to you price it?.. there is no guarantee that a valid hash will be found for that image. This isn't anything like NFT in terms of fees to confirm...
Can you picture it, in a marketing meeting...
Nike: What is it going to cost us?...
Marathon: Not sure, we will start and once we confirm the block, we will work out how long it took and based on that, we will invoice you... could be $1.8m (1day) or it could be $180m (100days)...
Again, there could be something useful in the future, I just can not see it..... yet...
March 27, 2024, 07:18:10 PM
going to make some hard decisions very soon.
The mine was shut off by about 50%
Once ½ ing comes I will likely drop mine to under five pieces of gear. From over 85 pieces of gear.
got coin hodled zero debt. but it will be different not having a few hundred k in gear mining. ⛏️
The mine was shut off by about 50%
Once ½ ing comes I will likely drop mine to under five pieces of gear. From over 85 pieces of gear.
got coin hodled zero debt. but it will be different not having a few hundred k in gear mining. ⛏️
March 27, 2024, 07:02:19 PM
End of another day... another sideways one.
Try again tomorrow.
Try again tomorrow.
March 27, 2024, 07:01:16 PM
March 27, 2024, 06:57:12 PM
"don't wake me up zone"
I know that is the right attitude to have. Especially right now. I also know if we do start dropping that low it will be incredibly tempting to capture some gains and not get caught riding out another cycle. Resisting the urge to cash out during the next bear trap may be the difference between riding the rocket to the moon or not.
March 27, 2024, 06:01:14 PM
March 27, 2024, 05:57:57 PM
El Duderino
Watching Hot shots “part deux” now
No time to sell coins
Goodnight observing brothers
Watching Hot shots “part deux” now
No time to sell coins
Goodnight observing brothers
March 27, 2024, 05:01:13 PM
March 27, 2024, 04:01:15 PM
March 27, 2024, 03:01:15 PM
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