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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2018, 04:06:07 AM

 Cheesy Cheesy Cheesy Cheesy canda is now nothing to compare to new "east europe"  canada and collapse capitalism is on show-like when you go to doctor in canada.. LOL
you will die !! in canada. only special small % of population have free health "insurance"(4% of population) ..but nothing to compare to on east on germans boarders.. germans are cucked too..))
why canda allow drugs.? becouse when you later ask candian state about help.. they will say you: you was on drugs or others..and you have not right on full health insurance..(you do bad things to your health and but canada gov allow it..paradox).. sooo they cuck with you and you can not ask for health insurance.. even you was not in jail , or never crime...
soo if you smoke in canada.. later they will kill you ..peacefully like "democrats"
why you hell think people like jumbo put all on bitcoin?! becouse its soo bad life in canada and people gamble,,,they dont care..death in canada or better life in '"no democratis countries" like mexico ... Cheesy Cheesy Cheesy Cheesy


 This entire post is a load of shit. 
Canadians have universal health Care.

Universal Sickness Care - and it ain't exactly FREE.  Big Pharma do not want you healthy.  Dental is not covered, along with a lot else.  And good luck getting to see a doctor or specialist without a massive wait.  That's why people here go elsewhere if they can afford it.  Be your own Bank.  Be your own Doctor.  NOBODY else has your best interests at heart.

Sadly, i can attest to this. Stayed in a "free" hospital last year for a week (after i have checked out on "on your own risk"), before they would have actually killed me with misaligned medicine - a dose of glycocortisole 2.5x more than the max my body weight should have allowed - 0.7mg/kg-1.0mg/kg is the "normal" dose - , which i have learned through my smartphone while literally spinning in my bad and bleeding through my sheets due to the waaaay overdosed drugs...and when asked the nurse about "is this infusion really necessary, i have already got one in the morning, she had to check the sheets and said, oh well, no,  you are right.."
Socialized medicine=DEATH; no incentive to do good=no fucks given. 5 of us was in the room, and we were actually browsing med sites; we had to protest against meds cause those were obviously detrimental due to sites like Myo clinics and other sources. One dude had to show pictures from google about his skin leasons to the doctor to prove he does not have "aids", and after 3 days of steroids he was healed...

Free healthcare is a joke. Just as anything "free". Competent people work for profit, obviously.
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2018, 03:39:30 AM
Speaking of Bernie Sanders, Occupy, etc. - Bitcoin is in a direct conflict with the socialist/communist millennial movement, who probably just wants to do away with money altogether and make everything universal payer. Bitcoin is capitalist. These people who dont even have any money dont see any benefit in something like bitcoin - to them bitcoin is just shifting the power from one master to another master - from bankers to techy people (the new bankers) - and neither one of them deserve to have more money/resources than anyone else. Its just more jewish witchcraft. As soon as they see that all these early investors and adopters are millionaires and billionares, the jig is up.C. They want a new system and to live life freely without wealth and status and money. We are just a trojan horse and they wont be fooled for long.

Priceless!
Wealth will always go the top >5%, because IQ is distributed in a Pareto distribution. Just watch videos on lottery winners, 95% became broke in a couple years do to their stupidity. There is no societal structure that will uphold "equality" - 100 years of failed communist experiments are a great lesson for this - on a 100+ million dead bodies i might add- , since people are not equal by biological reasons.

Yeah, this might sounds non PC, but reality proves this, time after time. Hence the resistance of losers, aka socialists against every wealth producing devices, which are based on: information gained before the masses, affinity for risk taking, willingness to learn new skills.
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2018, 02:57:11 AM


Sounds like a great guy to have at a Crypto party.

Today a young family member asked if she should invest in crypto.
I told her she should only invest what she can afford to lose. But I wish her more luck with it than I have had or will potentially have. She deserves a break as she has been through hell recently.

Unfortunately she doesn't have access to invest in the amazing Paul Krugman economics investments that are available.
Perhaps Paul Krugman should realise not only Trump supporters and the people he thinks he hates so much because of his uninformed interpretation of opinions and personal situations are interested in this.

But I do hope he continues to waste his time hating on Twitter if he is that bitter and hateful.

I find it interesting that a nobel prize winner in economics...takes such glee and interest, in bitcoin and crypto failing big time. Seems a lot of time and effort and emotion,

for something that is never gonna fly off the ground anyway. (I think maybe he protests too much..and ...again so emotional!)





From https://en.wikipedia.org/wiki/Nobel_Memorial_Prize_in_Economic_Sciences:
"The Prize in Economics is not one of the original Nobel Prizes created by Alfred Nobel's will."
"The prize was established in 1968 by a donation from Sweden's central bank"

'nuff said  Grin
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 04, 2018, 02:28:36 AM
I have this urge to reinforce the HODL sentiment once again, hope my arguments are solid  Wink

First, the amount of FUD recently are laughable after a near 20x increase in ATH in one year.
Second, when my hairdresser asked "is it too late to invest", i replied, "well, depends what your goals are, you might only get a 10x-100x wealth increase in the next 5 years".

There will be no 2 years long bear market like the 2014-2015 one - no more slow accumulation for us, sob sob.

3 years ago, no one in my friends&family circle know about bitcoin -i guess this is the same experience for most of you - not even conceptually. Now, cab drivers, my hairdresser, the guy who fixed my water heater last week, etc. had at least some basic concept about it when i "accidentally" made it into our conversation. Close friends actually asked about "how to buy in" and two of them actually
did, back in 2017.

The number of hardcore hodlers must have risen by a 100x folds since 2014, at least in my estimation, based on everyday interactions with "average people" around me. Do not underestimate:

- the power of network effect, where a small enthusiastic minority inspires those around them, and expectations about success serves as a self fulfilling prophecy;
- the power of FOMO/and greed on people with low financial education - which is the majority, hence the success of frauds like bitconnect, and other scams;
- the power of all those high value investors, who have billions to loose, if bitcoin fails; they have a massive amount of lobbying power to keep this thing alive, alas, going to zero,
is not feasible. Think not only monetary wealth, but all the countless work/study hours went already into the bitcoin industry by thousands of people!

The geine is out of the bottle so to speak, once bitcoin - and cryptocurrencies in general - reach formal (means widespread societal status in the minds of the masses) recognition as a new, solid asset class for the Infomation Age, FOMO will intensify.


5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 09:59:17 PM

Without sounding prudish, in my experience 95% of people has no concept of long term planning, they act on basic immediate emotional impulses - that also explains these panic sell periods - which are so far has been always corrected upwards in the long term. Like, why would anyone, who is in for the long run and trust the principles of bitcoin would sell on a flash crash out of fear?

It has been proven many times, that day trading on sudden swings based on fear/greed leads to a net loss for more than 90%+ of the participants (net value gain is in a https://en.wikipedia.org/wiki/Pareto_distribution, hence the long time strategy is hodling). i have found that studying psychology/philosophy of humans are more rewarding in economic endeavours than economics itself...

95% might be a bit high, but the gist seems correct.  ~50% of people have an IQ less than 100.  ~80% under 115.  You cannot expect great thinking from the masses, when they are so easily led by kittehs and fake news.  There is a reason that change comes from 5% or even less.  Logic and Reason are not common.  It's terribly difficult to study if you cannot read/comprehend, and many (most?) people cannot.



Sadly, i agree, with the addition, that even those who i know has the "hardware" (the 115 iq+) have this attitude of " oh no this is out of my field, i shouldn't". I really like bitcoin, it is a true interdisciplinary subject, where you have to incorporate different fields of study into a single, complex idea. That requires genuine interest to reach knowledge, i think THAT is what missing in the "average". That is why i start to accept the idea, that it is no coincidence, that wealth/creative production capacity/high quality sexual mates etc. are spread in a Paretio distribution. AKA, most people are just too lazy mentally.

It is sad, that this major shift in the societal construct what bitcoin offers - just like the internet did to us on a global scale - goes the same way as everything else did before: the curious, mindful, and risk taking are reaping the benefits, and the masses will lag behind as usual. Guess that is why they are the masses  Cool
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 09:04:28 PM
... I still struggle to understand why he recommended it to me, yet never embraced it himself.  I just think it was mainly laziness on his part. ...


Isnīt it possible that your friend simply didnīt had the money to buy
BTC even when the Bitcoin price was low? I guess a few people that believed
in Bitcoin simply missed out due to not being liquid enough to invest.

Iīm not sure from which country you are, but even in a wealthy country
like the US the average person is not exactly having a lot of money
that is available for investment.

63% Of Americans Don't Have Enough Savings To Cover A $500 Emergency

Maybe you should reconsider and gift him a few mBTC  Wink


That might be the case, but, from my personal experience, it is mostly BS. I did not earn a lot (eastern eu. country), i cut back on my spendings - like a LOT - to put it in bitcoin. Most people waste money on shit. New clothes they do not need, all kinds of social indicators of wealth like newest phone, car, jewelry etc. I have talked to some of my friends about investing in the long term back than; they have rather spent several bitcoin's price on vacations in 2015/2016, so they can post a facebook report on "look, my life is awesome". Now those vacations costs 15x-20x in bitcoin price :-D

I hear you, my man. My friends/family/coworkers were all the same way. I told them to get in when it was $250ish, that it was potentially world changing, and I was laughed out the room. I still remind my old roommate about his response, "Yeahhhh, no thanks. I've got some gold coins, I think I'm good."

Back then, I was part of that $500 emergency group, as shameful as it is to say. I couldn't afford it; I was so far in debt from making some stupid mistakes when I was younger (well, more from stupid lawyer fees, but I digress lol Cheesy) that my credit cards/loans took everything (we're talking 10's of thousands). Still, I found a way to put $25-50 a paycheck into btc; skipped trips, partying, dating, etc.

Selling as it rose over the last 6 months, I can say I'm now debt free. Paid all my cards off, paid my student loans off, and I was able to put a small down payment and own my own place. I wish I'd kept all the messages from those same people, "fuck you and your bitcoin". Sorry I'm not sorry, but it's never to late to join the party Smiley

As always, HODL; even better things are soon to come. Just don't think that's the end all/be all, spend some if it will make your life better. Just make sure not to sell it all Wink

You have done well :-)
Without sounding prudish, in my experience 95% of people has no concept of long term planning, they act on basic immediate emotional impulses - that also explains these panic sell periods - which are so far has been always corrected upwards in the long term. Like, why would anyone, who is in for the long run and trust the principles of bitcoin would sell on a flash crash out of fear?

It has been proven many times, that day trading on sudden swings based on fear/greed leads to a net loss for more than 90%+ of the participants (net value gain is in a https://en.wikipedia.org/wiki/Pareto_distribution, hence the long time strategy is hodling). i have found that studying psychology/philosophy of humans are more rewarding in economic endeavours than economics itself...
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 08:01:02 PM
... I still struggle to understand why he recommended it to me, yet never embraced it himself.  I just think it was mainly laziness on his part. ...


Isnīt it possible that your friend simply didnīt had the money to buy
BTC even when the Bitcoin price was low? I guess a few people that believed
in Bitcoin simply missed out due to not being liquid enough to invest.

Iīm not sure from which country you are, but even in a wealthy country
like the US the average person is not exactly having a lot of money
that is available for investment.

63% Of Americans Don't Have Enough Savings To Cover A $500 Emergency

Maybe you should reconsider and gift him a few mBTC  Wink



That might be the case, but, from my personal experience, it is mostly BS. I did not earn a lot (eastern eu. country), i cut back on my spendings - like a LOT - to put it in bitcoin. Most people waste money on shit. New clothes they do not need, all kinds of social indicators of wealth like newest phone, car, jewelry etc. I have talked to some of my friends about investing in the long term back than; they have rather spent several bitcoin's price on vacations in 2015/2016, so they can post a facebook report on "look, my life is awesome". Now those vacations costs 15x-20x in bitcoin price :-D
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 30, 2018, 07:35:26 PM
I HODL.

2017 was a game changer, today my hairdresser asked me about "how to bitcoin", as i have mentioned earlier that am now "retired" thanks to bitcoin.

Seldom people talk about his, but the fact that bitcoin has reached the intellectually lazy "average Joe" 's mind last year, and the basic instinct of human greed made several of my
acquaintances to reach out to me* and wants to "invest" made me have the impression, that this must be happening all around the world; just look at the stupid ICO
frenzy, ill informed people throwing money in hope to make fortunes -bitconeecrash LOL.

My point is, even if the motivation of the "downtrotten" is for just quick buck, the fact that they start to accept cryptos as a valid substitute of wealth preservation/increase vs. the fiat world is a huge
step in the way of making bitcoin a mainstream phenomenon.

I wonder why all the worries, if anyone is here for the long run, who cares about a 50% dump? We are still up 1000%+ from a year now, why the FUD?



*Sadly, my efforts to educate these people always hit a brick wall, as they express implicitly, that they "do not have time" to invest in understanding the basic concepts (mathematical, IT, economic, etc.)
what bitcoin is, just wants free money.

Side rant: Now i do not have guilt anymore about the fact that my ex colleagues will earn less in 30 years than me just by sitting on my bitcoins, for i have spent literally 1000s of hours educating myself, restrained my spending for years ("nah, i won't go with you to a vacation, rather buy 5 more of those really cheap bitcoins! - 2015), and they could not take the fukin effort to read a couple of articles/watch a few hours of videos on youtube i have put the effort into select and sent them for basic education.
 



9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2017, 08:48:49 PM
>$14000

Methink Bitcoin is wishing us a Happy New Year !

Happy New Year to all of us indeed  Cheesy
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2017, 12:36:32 AM
BCH hash rate 4.2% and falling.  

The whole house of cards is going to come tumbling down this weekend.

Touche
Nooo, i still have some to sell, i want my free BTC from Roger, let him pump it just up to 0.17, i will be glad!  Huh

This already happened.

I'm getting pretty tired of all this failure.  

goodgoodletthehateflowthroughyou.png

'All this failure' is the result of giving people what they do not want (because 'we' know better than you what you should want).

The only thing happening on that blockchain is a bunch of trading back and forth. No one uses it, no one cares.

Perfect timing for a good old fashioned weekend pump and dump tho.

The whole house of cards is going to come tumbling down this weekend.

He was right, I was wrong. Happiness ensued.

Yes, i have managed to sell some at 0.41, that was an intense night watching the walls (still, could have made 0.5, but only in a 30 sec window...).
I sell in batches - some i had to scrape from cold wallets, some from core wallet -> abc syncing (which took 2 weeks!!).
Also, am not in a hurry. Well, now i am, wanna offload bichcash before coinbase releases it at Jan the 1st. for the sheeple.
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2017, 12:27:35 AM
BCH hash rate 4.2% and falling. 

The whole house of cards is going to come tumbling down this weekend.

Touche
Nooo, i still have some to sell, i want my free BTC from Roger, let him pump it just up to 0.17, i will be glad!  Huh
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2017, 11:46:33 PM

Still 12 -16-2017 here. 5.5 hours left to nail it!

$20,000-$22,000   - 31 (13.8%)
$24,000-$26,000   - 14 (6.2%)
$26,000-$28,000   - 3 (1.3%)
$28,000-$30,000   - 7 (3.1%)
>$30,000   - 33 (14.7%)


That was my vote too! Which time zone we use for that?  Wink
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 06, 2017, 10:40:36 PM
This is getting silly.

I do not even count my money anymore, need a tax-lawyer soon :-D
First world problems!
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 07:55:47 AM
Alot of people sold at around $10K. Probably anywhere from $9000-9900 or so. This is a given. Makes complete sense.

However since the price went up regardless, means there must of been multiple amounts of demand as supply. Hence its extremely bullish.

I am reading many posts on Reddit, or all over this forum people saying "Its a bubble", or "I've sold and will buy back cheaper", etc, etc. I am pretty sure those are the people who sold their entire positions at a profit and are all fiat now.

Its human emotion to talk bad about something that you don't own or want.

I would say that most of the retail market of 2017, they most likely bought it purely out of short term speculation. They bought it at $1000, sold at $2000.
Bought at $2000, sold at $3000. Bought at $3000, sold at $4000. During those huge dips, some people sold at break-even.

The long-term adoptors, the ones who hold Caustatious coins and those who CPU/GPU mined BTC back in the day, they most likely sold very little percentage of their holdings at $10K. I've met many in person and they think $10K is still too cheap.

I really think that most of the coins that were bought and hold this year was by large institutions. They are the ones who kept buying at all time highs because since the beginning of the year their cost basis is still low. But they plan on holding for a long time.



Agree. Although, i can not process the mind set of people selling at 10k right after it hits that psychological barrier ATH, when it was obvious that once BTC hits 10k it will rocket ship up to the Moon. Also, emotions and finance is a really bad mix to have. Money is a bitch, cold hearted like mother nature, no room for emotions like fear and doubt.
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 07:49:56 AM
1 BTC    = $10,444.7575
1BCASH = $1,403.00

Bitcoin cash becomes a minion.  Shocked Grin


Too bad, i still have some bitch-coin to sell for BTC  Sad
Well, free money is free money after all :-D
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 06:04:31 AM
You may get to see it break $10,00 again

Ah, bitchash jumped 150$ suddenly, that explains the drop. No worries.
This is so exciting! Observing the Wall.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 05:38:29 AM
$15,000 nobrainer :-D weeeeee

quick maths: everybody in this thread is retiring early

Not at this time. Perhaps another year or two for me at this rate.

I have "retired" 2 weeks ago, in my mid 30s, although, i am a minimalist, no Lambo for me.

edit: rofl at stamp, just saw a sell at 10400, than a buy at 10500 in 2 seconds, price is explosive!
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 05:21:49 AM
This is fun to watch. A year ago we were theorizing about 10k with friends, something like an odd, far away event in the future.

Opening the 2nd bottle of wine.
The sell side is absolutely dead, no coins left effectively, 100$ rise every 30 mins  Cheesy

History in the making!
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 02:53:34 AM
This is exactly what I was expecting to happen right before the whole thing unwinds and crashes to zero. The signals are all there. Get out while you still can.

Bollocks! This will not stop until at least 100k USD, we can reach that point in 8 months!

The data is clear. Just look at the TA and read the reliable sources. Bitcoin has failed. It takes a while for that information to propagate through the marketplace, but it will slowly make it's way through and there will be a race to get out. There's really no question about this.

Your definition of "fail" is weird. Like, the polar opposite of actual truth. Grin
Shoo troll.
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 29, 2017, 02:01:49 AM
Nearly 2.00a.m. here but glad I stayed up to watch the show.  This is truly incredible, especially when we remember how we all felt in 2015 when this place was full of bears.  Congratulations to all.  $10,000 for one bitcoin. WOW!

2015 was awesome. So much cheap coins to buy  Cheesy
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