OT - Police story time:"There's a case from Georgia from a few years ago - and down in the same area where Arbaury (sp) was "hunted like an animal" - of a white man killed in a mistaken no-knock raid, just like Breonna Taylor in Louisville. Cops kicked in his door in the middle of the night and the man had the nerve to dare to defend his home, got shot multiple times. And nobody in the media here or nationally gave a damn about it. The man's name was David Hooks in Dublin, GA, if you want to look it up. A meth addict had stolen a car from Hook's home and got caught in it by police in possession of drugs. The addict claimed the drugs were in the car when he stole it, and that was the reasoning the police took to raid Hooks' home. After they raided the house and killed him, they found exactly ZERO drugs anywhere on the property."And this event never made it to the front page of *any* MSM website at the time. Why?  Blacks killing blacks or whites killing whites, never really makes the news. It doesn't fit the agenda of racial inequality. As long as they can keep us fighting each other, they can prevent us from organizing against them. It's a tactic the "gods" taught us (see tower of babel). |
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^^ Next 30 years are critical... Okay 20-30 years 
Let's not fool ourselves. Bitcoin will no longer be in 20 years from now. In a world where ecological awareness is growing everyday, the idea that Bitcoin, a disaster for the environment, will still be there is very naive. For now I love trading it, and plan to buy 2 more BTC at 5k soon, to sell 100% of it at the next bubble top (85k) that should occur before 2025 (and this answers the poll's question too)  but Bitcoin in 20 years? Dream on my friend. Even the most voracious financiers of London's square mile agree that a greener world is the only way (source: https://www.youtube.com/watch?v=qWdL5VtFCxQ ). Bitcoin will be among the first to fall. 2020 is showing already that a new world is coming, and that will be without Bitcoin. We will be lucky enough if we can cash out at 85k in the next four or five years my dear friends. One of the most idiotic posts I've ever seen. |
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This is what senseless rioting and looting will get you...mobilized military at your doorstep and on your street corner. They have the authority to command the public to comply with orders that normal cops don't. That's why you don't want martial law. And to be fair, that idiot woman was told 3 times to get in her house and she didn't listen, just sat there filming. She's lucky it was just a paintball and not a rubber bullet. Have you lost your fucking mind? |
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I think you're reading the chart wrong. Gen X and Millennials don't have as much as boomers had when they were the same age.
Sorry, but it's you who's reading it wrong. It isn't about wealth per capita. It's about percentage of the total. The Boomers had a slightly higher percentage of the wealth at the age of 40 than the Millennials did at that age, but they also had a much higher percentage of the population due to their great numbers. The previous generations had been greatly reduced in numbers by two world wars and the great depression. I don't think the size of the baby boomer generation alone accounts for the massive difference. I don't have the time or skill to crunch the numbers though. I'll defer to your age and experience. https://www.pewresearch.org/fact-tank/2020/04/28/millennials-overtake-baby-boomers-as-americas-largest-generation/ft_20-04-27_generationsize_3/ |
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We can just stop using the boomer version of money which is fiat backed by nothing. That would tip the scales back in our favor.
  I have kids older than her. Strange response coming from someone who lives off bitcoin. I'm not sure I follow. We should keep using fiat? Weren't we taken off the gold standard in your generation which allowed your generation to gain an outsized proportion of wealth? |
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This graph is staggering:  I'm not a commie, but there's no way we can have any semblance of stability on any level with this kind of inequality. Just wait. Your turn will come. It takes time to accumulate wealth. It even takes time and experience to learn how to accumulate wealth. Even inheritances usually take many years. Young people tend to spend and borrow. The wealthy tend to live longer. This has been happening since time immemorial. I think you're reading the chart wrong. Gen X and Millennials don't have as much as boomers had when they were the same age. |
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This graph is staggering: I'm not a commie, but there's no way we can have any semblance of stability on any level with this kind of inequality. We can just stop using the boomer version of money which is fiat backed by nothing. That would tip the scales back in our favor. |
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Also interesting is the mix of Legacy, Segwit and even BECH32 addresses this person is sending to...
The ~10 BTC went to these addresses:
3CPzatF5fHrda6SaJVnpsdM8ReunbhRYyd
0.00187200 BTC
32iioP88ffnQDUtQLgR2TeneK2RiNGjhtC
0.00092153 BTC
3N2z27HFzXLYNG2QtGiA1g8hzTwsLQjq1w
0.06425733 BTC
3466SWLR6wpswrCPWE7a6Gj7uSooWZA8dT
0.05126691 BTC
35WMsAG58119ye6FTd9ZkAMNZvrbHYrLHX
0.05111927 BTC
3BZ6fs86Q15kdAc8oTRsCXkUeQwJy7ARni
0.05604558 BTC
3LShdLyqZjCQJswWgex4PhGe5dnKPRC8Zx
0.00933665 BTC
32cA24MhovP8n3X8jpE6yARNgopnHVKi2S
0.04902684 BTC
3DFTcAnKCmLNz2Jw536k2kY6s1gwHe9JgN
0.00854000 BTC
36dGaGoULgTfLd3dqchvVt59TzuZ8A8HoR
0.00625983 BTC
1PqtE1V8EFPuN7jZf5zbe51at6GUUGrzxk
0.00226604 BTC
3QUwi2im7fedo8k3gNPs2qqtQcwYWkBU38
0.00024582 BTC
3JgrmCVDYpaYcWTPvKS2M5eN8MTuyS8wDN
0.00290000 BTC
3BrSh4hEZDvSkLCrrZZCYS47HDxMXN82jE
0.03477264 BTC
1GsVi5eTabfGz8Kkgs81UNRnv7WgEbr5KK
0.56343415 BTC
13v6cuXtSRwdm1yB2hCR9zsUBsSjF9Nrqq
0.31869107 BTC
1LjXYEQjmDvfzNKhvkb4P3HX73kK9ZXMbK
0.00639900 BTC
3Md17Vpawc8nd1yBaUzmxKLmL9Lm8gRy7m
0.02487816 BTC
1BCvhXjnrBcZmXNA5RAi4kg71fJLVsSiNr
0.01000000 BTC
bc1qv7vgajsy5d723uh63pxy3jg544aas4m7fkg87l
7.81380577 BTC
3Go4fXMoPHrkdPZaSpzNKvmGitEYKeGucL
0.01279741 BTC
1MfuwUBUrr6jx1hGPDLZkL59BhNV6E9SpU
0.00100000 BTC
3PEwSBxNj5tgmTAq6fFcfv9F3buz1Gk8fJ
0.00141571 BTC
3Ma2dFy5adxrt29MTrf7hEFtdSZ6YRe95W
0.00024059 BTC
39zZae7YnHW1cDGkjpaeknFaNYg9LEfAta
0.00511489 BTC
3L6kLgQYxxZxxSDEfFZmQNCGFDmb1DPgNr
0.02131954 BTC
1Fvbcyua3ioz1wWuLxbn83CBKKAqvww1x3
0.00230133 BTC
bc1qcqmapaez424zkdsv9lcd43xzumr5nr4uq4r4xc
0.87223930 BTC
33UZ4L9DrVPJsaqvhFdfm4vhPAC2aYvGCL
0.00044788 BTC
38jm767yhx3gszUTkJVmpRXkXRVyt3narh
0.00481582 BTC
This a mix of Legacy 1x Segwit 3x and native segwit bcX addresses.
And only two of them bech32. With one of those getting 78% of the 10.
Of course this also might be the payee moving these, as has been mentioned this could be a 20% cut. But how strange that would be.
The 10 BTC (minus transaction fees) likely went to an exchange and all of those other addresses are part of the exchange operation not the miner in question. |
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222 blocks to go. 37 hours...
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What was it? Video has been removed for violating YouTube policies... |
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The US populace is not going to have an appetite for another shutdown, especially when this virus is not the killer they thought it was. It's more like .1% not 1% given that they aren't doing widespread testing. They caught people off guard this time but the protesters and lawsuits will be ready if they try to shut us down again. Remember, we have guns in this country and we won't be bullied by the government for too long. If that means 300,000 die, so be it. If you don't want to die from it, you stay home, you don't imprison a whole population. This is the American way whether people realize it or not. Also, on the numbers, there is a financial incentive for US hospitals to inflate the numbers. Any death, regardless of the cause, is tested for Covid in order to get federal emergency funds by calling it a Covid death. The numbers are probably half which is a tiny number given the huge population and limited lock-downs. Lifting the lock-downs is the right decision. |
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Touched $10k at BitMEX. Just NOW!
Unless there is some kind of important (or noteworthy) thing going on in bitcoinlandia (or Bitmex specifically), for what should be somewhat obvious reasons (you heard about some of the shenanigans there, frequently involving leveraging 100x (hello)?), we don't use BitMex as our attempt at a representative BTC price reference point in this thread. Remember bitstamp? it's a pretty well-known exchange that does not use leverage trading and has historically served as a pretty decent BTC spot price reference point... remember? Seriously? I know that most of the WOers have been following Bitstamp since the creation of the thread but... when did we make Bitstamp a "standard" for the price reference?  I feel a lot comfortable with BitMEX. The flashes on the page feel so refreshing, they just seem to happen faster on BitMEX than on Bitstamp. Moreover, trollbox is a cool place. We've been using Stamp since Gox shutdown. We're never going to use a scammy, leveraged, derivatives market as the official price. Aren't trades even settled in USD? What does that have to do with the price of bitcoin? It's just gambling on the actual price. |
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It's funny/sad when supposed traders come into bitcoin and expect it to act like the traditional stock market. It is not!
Most of us here are not traders, we are trying to stock up/buy into the future of wealth. We are investors in the sense that we know bitcoin is the future and are trying to get as many of them as possible in these early days, not in the sense that we buy and sell the market. We know that's a fool's errand.
We just buy as much as we can at these pathetic prices and sell when the price is at more reasonable levels to buy the things we want or need.
Ive been trading bitcoin for a few years now.. never traded stocks This thread is literally for price movement, i get that you just want to accumulate but am i not allowed to discuss price movement on the thread named "Wall Observer BTC/USD - Bitcoin price movement tracking & discussion" You can discuss all you want but you used "bulltard" which means you're just here to pick a fight, not have a legitimate discussion. |
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It's funny/sad when supposed traders come into bitcoin and expect it to act like the traditional stock market. It is not!
Most of us here are not traders, we are trying to stock up/buy into the future of wealth. We are investors in the sense that we know bitcoin is the future and are trying to get as many of them as possible in these early days, not in the sense that we buy and sell the market. We know that's a fool's errand.
We just buy as much as we can at these pathetic prices and sell when the price is at more reasonable levels to buy the things we want or need.
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declining...8699 8719.
Why always on Sunday night? Darned stock futures and Asia trading, perhaps.
The halvening pump is over (or near enough). Time to find a new base for the 2021 bull.
Mean’t to spread some hopium.
Not to cut my breath.
A nice base would be ?
Seven full hours till halving.
Could live with 8 k.....I'm still in favor of his $12k prediction. That said, any prediction is out of the window atm. After all, we have the rest of the year to find a solid base for the 2021 bull. Yeah sorry everything is cancelled Seriously, 9.4k was a gift Go back into hibernation |
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$1700 is now worth $1512 compared to 2012. I don't really understand the ongoing war of opinion between gold and btc, seems a bit manufactured. They both have their places. The folks that buy gold are absolutely not fans of volatility. To them having a place to park value in the face of most everything else tanking worse is a better proposition than a risky investment with the same funds that might moon. It's fun to read the taunts thrown at Schiff, especially since he brings it on himself so often, but from an investor standpoint diversifying is always a good idea. Humanity's tribalistic tendencies don't seem like a good fit for a successful investor. I actually like a lot of the things Peter says but he is costing people millions by telling them to sell their bitcoin or not invest in it at all. There is nothing wrong with gold in your portfolio but there is something wrong with the gold bugs not recognizing the place bitcoin has in a portfolio. |
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$1700 is now worth $1512 compared to 2012. |
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In sats, yeah But seems like a beautiful illusion atm, unless BTC turns into world reserve currency, may be in next 70-100 years.. who knows? Bitcoin is not a currency, it is an assettttttttttt  Bitcoin: A Peer-to-Peer Electronic Cash System Bitcoin is a different thing to different people and that's ok. |
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There seems to be some confusion in the media and on here about inflation and deflation. Seems most are confusing growth of the economy with the increase in stock prices.
The economy can shrink and we can have a decrease in GDP and at the same time have inflation (a decrease in purchasing power). In fact, the GDP should be shrinking as the baby boomers leave the workforce. This is a demographic change. This is fine really but the rich can't get richer if the stock market doesn't grow each year.
This is not to be confused with the purchasing power of your money. For the past 10 years, artificially low interest rates have caused a massive increase in the money supply but it was purposefully confined to stocks so it won't show up in official inflation numbers. Your dollars buy less shares today than they did 10 years ago for the same nominal performance (inflation).
Right now the fed is again injecting trillions into the economy and has rates at 0%. This means, at a time when we are producing less, there is more money out there than ever which makes each of your dollars purchase a smaller piece of the proverbial pie (inflation).
This is also why they don't want to give more than $1200 to average people when production is so low. That $1200 will go mostly to the types of products and services that do show up in the inflation numbers as most average people will spend the money on everyday things, causing consumer prices to rise and messing up their fake inflation numbers.
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In a few years people will look back at the price of $68xx & be depressed at selling in that price range. Please fellow HODLERS, don’t sell at this pathetic price - DON’T BE A GREG! The world is full of Gregs. Wait until we get to $1,000,000 or $5,000,000 and most people on here sold at $25k-$100k. Never go full retard, no matter the price. |
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