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1783
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 23, 2019, 07:48:26 AM
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ping @RoseCactus.
I hate to be the less bullish guy on the WO (excluding trolls, alt shills and nocoiners).
Bitcoin has always been making a profit since its birth, focuses on the long term, do not worry about the present.  Someone needs to do the dirty job to keep things balanced. Someone has to worry. ... And RoseCactus went AWOL. He was surely good at worrying about almost every little thing, which may have caused him to worry more? You know, if he could have sold all his BTC and then left them in cash on an exchange, like QuadrigaCX, in order to prepare to buy back. That would have been fucked. Just think of a number of folks who left all their bitcoin investment on that scam exchange. I thought the comment about him and QuadrigaCX was just a joke. I sure hope that didn't really happen. Would be the final nail in the coffin. Of course, there is a decent amount of speculation coming from my end, but my understanding is that he is a canadian, and QuadrigaCX was the largest exchange in Canada.. so I am just kind of putting 2 and 2 together.... in a very speculative way (after someone else had already made the connection.. wasn't it Hairy-used-to-be-beary?) Didn't know it was the largest exchange in Canada. I had not even heard about it until it came to the news. It would make some sense, but I hope it was not the case. I have the rule to limit to 10% (nowadays) the amount I leave at risk on exchanges. Ironically, that is probably what refrained me from selling more at the last bull run, because I didn't want to really "withdraw/cash out" any nor leave too much fiat on exchanges. I also didn't have any faith in Tether. It's a double sided sword. |
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1784
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 23, 2019, 07:29:20 AM
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I'm living the dream tonight boys, I have a home, a a nice prch and some little furniture out there. This home was paid with a down payment of Bitcoin, and now anytime it moves up or down I get an email from the owner of the loan people. Last email I got was a link to join Morgan coin asking about it.
They were shocked when I told them I bought my first coin at $50
Hopefully, you did not either disclose too much about your still existing BTC stash (if any) or provide them with an impression (or incentive) to attempt to knock you off, especially since they know where you live...  I have less than 2 coins I really doubt someone wants to kill me for that. You just sold in the middle of a bear market or you are referring to something you did long time ago? I sold around 7k, I unfortunately had to due to my whole getting a house and what not. I never had too many coins just around 5 so I sold a few for a down payment. I think of it like this, I did extremely well and am able to have a nice house and property of my own at (now) 27 for me and my wife. What is money for? Making sure life is comfortable and reducing stress, right? Well I did those two things and brought much more joy to my life rather than a Lamborghini. (I never planned on fucking whores anyways so what's the point of a Lambo for me rather than increasing my chance of accidentally killing myself) Yeah, you are completely right. Except for the part of selling so near the (possible) bottom. But a man's gotta do what a man's gotta do. Congrats on your new home. That's a real tangible dream and not some fucking lambo unless you are already so wealthy that you almost need to go that route to find more satisfactions (which is also ok... if done in the right order). |
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1785
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 23, 2019, 07:19:54 AM
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ping @RoseCactus.
I hate to be the less bullish guy on the WO (excluding trolls, alt shills and nocoiners).
Bitcoin has always been making a profit since its birth, focuses on the long term, do not worry about the present. Someone needs to do the dirty job to keep things balanced. Someone has to worry. ... And RoseCactus went AWOL. He was surely good at worrying about almost every little thing, which may have caused him to worry more? You know, if he could have sold all his BTC and then left them in cash on an exchange, like QuadrigaCX, in order to prepare to buy back. That would have been fucked. Just think of a number of folks who left all their bitcoin investment on that scam exchange. I thought the comment about him and QuadrigaCX was just a joke. I sure hope that didn't really happen. Would be the final nail in the coffin. |
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1786
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 23, 2019, 07:15:10 AM
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I'm living the dream tonight boys, I have a home, a a nice prch and some little furniture out there. This home was paid with a down payment of Bitcoin, and now anytime it moves up or down I get an email from the owner of the loan people. Last email I got was a link to join Morgan coin asking about it.
They were shocked when I told them I bought my first coin at $50
Hopefully, you did not either disclose too much about your still existing BTC stash (if any) or provide them with an impression (or incentive) to attempt to knock you off, especially since they know where you live... I have less than 2 coins I really doubt someone wants to kill me for that. You just sold in the middle of a bear market or you are referring to something you did long time ago? |
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1787
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 23, 2019, 07:06:49 AM
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ping @RoseCactus.
I hate to be the less bullish guy on the WO (excluding trolls, alt shills and nocoiners).
Bitcoin has always been making a profit since its birth, focuses on the long term, do not worry about the present. Someone needs to do the dirty job to keep things balanced. Someone needs to remind we are still in a bear market until we are not. Someone has to worry.... And RoseCactus went AWOL. |
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1790
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 22, 2019, 07:52:24 PM
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Thats ... cute, I guess. Quite derivative of a site operating for months already that allows anyone to feed chickens by making an onchain BCH tx. But I guess some are destined to be followers.  Can't you really see why that specific "service" is way more appropriate to be done in L2? Sure. It's appropriate for L2 if your L1 isn't up to the task. No. You are always carefully ignoring that an onchain tx not only consumes bandwidth and cpu power (which is mostly irrelevant unless we are talking of several orders of magnitude more tx's) but accumulated historical storage. |
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1791
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 22, 2019, 07:44:43 PM
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Thats ... cute, I guess. Quite derivative of a site operating for months already that allows anyone to feed chickens by making an onchain BCH tx. But I guess some are destined to be followers. Sure you guys need all those chicken feeding micropayments on chain forever. At least that will look as if anyone is really using BCH. (No, not that LN is being widely used either... but it probably will soon). Can't you really see why that specific "service" is way more appropriate to be done in L2? |
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1794
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 22, 2019, 04:58:19 AM
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Haha well, the marriage thing is not so kind. You want to be the girl he wants to marry to, like you see in the movies, but I guess life isn't a movie  Appreciate your kindness  Hell, I'll marry you! Sorry Mic, obviously joking, just trying to widen your perception of things. Is this actually your girl mic or somebody trolling? NoNo its actually is her, no troll in that one, sense an awesome/beautiful lady I do getting ready to play some game today  Part of team mic.... This time you have a point there for once. Cryptoqueen is surely part of mic's "team" lol |
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1795
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 22, 2019, 04:55:10 AM
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Despite the 14-month long bear market, BTC transaction rate reaching 2017 all-time high. Transaction fees also have remained relatively stable.  I really can't understand what is causing that much tx's. I mean, the peak of 2017 was probably because of people claiming forks and the FOMO (buying/selling) during the last months. What is happening now? Is it increasing adoption in the middle of a bear market? On second thought... fees were as much expensive during the 2017 peak that many people (including me) were very shy about sending any tx unless strictly needed. Now you can do it without a second thought. |
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1798
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: February 22, 2019, 02:51:24 AM
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Looking at the 3d chart it seems that a golden cross is due.
Coincidentally that also happened early march 2015 and, in retrospect, it was when the bear market ended, followed by a few months of "sideways volatility" and a bull run from October to December.
2016 also experienced some moderate gains and it was 2017 the year of the exponential rally right after the previous ATH was broken.
*IF* Bitcoin were to keep following the same pattern as closely as it has been doing for now, that would mark for a new ATH attempt sometime around Q4 2020-Q1 2021.
Of course Bitcoin will do whatever it wants to fool us all anyways.... either in a positive or negative way. We will see.
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