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801  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2020, 08:22:13 PM
Institutional buying, next to OTC, is placing limit orders under the current spot price. Michael Saylor managed to obtain his 38k bitcoin like this in under 8 days without moving the price upwards (but perhaps decreasing the downward pressure?). FOMO market buying is for retail.

Process is irrelevant, supply and demand. If price is staying the same, either demand is not there, or supply (of coins for sale) is (temporary) increased.
802  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 16, 2020, 07:06:06 PM

Either institutional buying is greatly exaggerated, or someone is selling a ton. Pick your poison, time should tell as one is much more sustainable than the other.
803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 14, 2020, 08:23:51 PM
BTC275 @ $11.369,01 bid order on coinbase. Someone flashing $3MM


Edit: And it's gone
804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2020, 10:00:26 PM
In France since the very beginning of the pandemic evangelical gatherings have been superspreader events. Again one the other day. I propose nuking all evangelicals. Seem pretty well correlated in the US, South Korea, and Brazil, too.

PCR test is utterly meaningless as a public health tool, which drives all these counts if take cases.  
The cycle count is completely ignored.
You can test positive from a flu you had 10 years ago.
Moreover, covid-19 has never been specifically identified, and we don't know what they are comparing against
It's a hoax within a hoax within a hoax.

Lose the mask an social distancing.
Refuse to comply!

Asymtomatic spread of covid is a myth to scare and control the public.


https://articles.mercola.com/sites/articles/archive/2020/06/23/who-says-covid-19-asymptomatic-transmission-is-rare.aspx


Russian ambulance drivers are also in on this hoax?!?

Hold on gotta call my wife at the hospital who's putting people on ventilators and tell her that they're all faking it. Idiots get ignored....

Edit: How about you loose the mask and let Darwin do his work?
805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 12, 2020, 09:55:15 PM
Is this, Gentlemen?

Nope only after i'll break even over $20k
806  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 10, 2020, 02:19:34 AM
why hello beautiful, i missed your green dildos
807  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 21, 2020, 01:17:06 AM
**LOTTA CAPSTYPINGS***
Happy Saturday!

Just to be clear, you seem to be stating that a future where transaction fees being $100, $1000 or even more per on-chain tx is a distinct possibility?

That as a possibility is implicit in my thoughts, I'd say, yes.  

OK, so here's the relevant followup question. When average tx fees are $1000, what is the typical profile of a person willing to run a non-mining validator? Let's start simple on this - how many tx per year might the average such person make?

1? or even 0? average person will fully transact on L2+

Hmmm, while I am a full fan of L2+ for day to day transactions the idea of $1000 fees for transacting on-chain is somewhat hard to digest though. What kind of marketcap are we considering for this scenario? What level of adoption? I do agree that, with a high enough level of worldwide adoption, the average person will probably NEVER transact onchain even if he do use Bitcoin directly (but L2+) or indirectly (100% custodial/off-chain).

What is the incentive for anyone to expend time, toil, and treasure in the exercise of validating a chain upon which they never transact?

For a typical grandma, that doesn't run her computer 24/7 probably none. But every single concentrator/bank/cashapp/paypal/venmo/zelle/facebook(soon?) that those people use will run it's own node, and every person that wishes to validate chain will always have the option to if they wish.
808  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 20, 2020, 10:22:16 PM
**LOTTA CAPSTYPINGS***
Happy Saturday!

Just to be clear, you seem to be stating that a future where transaction fees being $100, $1000 or even more per on-chain tx is a distinct possibility?

That as a possibility is implicit in my thoughts, I'd say, yes.  

OK, so here's the relevant followup question. When average tx fees are $1000, what is the typical profile of a person willing to run a non-mining validator? Let's start simple on this - how many tx per year might the average such person make?

1? or even 0? average person will fully transact on L2+
809  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 20, 2020, 08:37:46 PM
Apple's market cap is down around 20% from ATH a month ago to $1,8 trillion. If bitcoin had the same market cap as that one company, each BTC would need be worth $100k, doesn't sound that crazy now.
810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2020, 04:18:41 PM
Most people think a government ban is the biggest risk to bitcoin. But with MicroStrategy now having a third of it's market cap in bitcoin, do you really think governments will tank stock markets? Risk of ban will get smaller and smaller when more listed companies follow MSTR.

https://twitter.com/100trillionusd/status/1306119800255639559?s=21

If Apple and Microsoft announce a long term holding position in BTC

Along with Samsung ,AMD and Nvidia.

500k a coin could happen.

Something to dream about.

It's a step in the right direction, now lets not talk about it, the longer BTC manages to fly under the radar the better

Better for whom?  Shocked

For BTC, for the Govs not so much  Grin

Not sure how slowing down adoption and preventing BTC from mooning is better for it? Maybe its better for shitcoins and fiat but not for king BTC...

Widen your thinking outside of narrowness of short term speculations, moons, lambos, and shit coins. Governments will not give up monopolies over their currencies willingly, it can go two ways, the easy way or the hard way. And it's in our best interest for it to go the easy route in the US. The more BTC integrates itself into the financial system, the harder it'll be to fight it as porno/drug/pedo/terrorist money. Now while the world is preoccupied with pandemic/elections/natural disasters let's see that ETF. Patience, time is on our side.
811  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2020, 06:41:37 AM
Most people think a government ban is the biggest risk to bitcoin. But with MicroStrategy now having a third of it's market cap in bitcoin, do you really think governments will tank stock markets? Risk of ban will get smaller and smaller when more listed companies follow MSTR.

https://twitter.com/100trillionusd/status/1306119800255639559?s=21

If Apple and Microsoft announce a long term holding position in BTC

Along with Samsung ,AMD and Nvidia.

500k a coin could happen.

Something to dream about.

It's a step in the right direction, now lets not talk about it, the longer BTC manages to fly under the radar the better

Better for whom?  Shocked

For BTC, for the Govs not so much  Grin
812  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 17, 2020, 04:49:20 AM
Most people think a government ban is the biggest risk to bitcoin. But with MicroStrategy now having a third of it's market cap in bitcoin, do you really think governments will tank stock markets? Risk of ban will get smaller and smaller when more listed companies follow MSTR.

https://twitter.com/100trillionusd/status/1306119800255639559?s=21

If Apple and Microsoft announce a long term holding position in BTC

Along with Samsung ,AMD and Nvidia.

500k a coin could happen.

Something to dream about.

It's a step in the right direction, now lets not talk about it, the longer BTC manages to fly under the radar the better
813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 15, 2020, 07:01:05 PM
MicroStrategy did it again. they bought another 14k btc for $175mil.

they own 38250 btc now.

Michael Saylor is savage.


https://twitter.com/michael_saylor/status/1305850568531947520?s=21

My only question is why did they wait this long? Why weren't they buying this amount of bitcoin at a fraction of today's price back in 2013? Surely they knew about it then, they are an IT company.

That's about 40 days of global supply just at one company, not bad. Supply is still coming from somewhere OGs continue to sell their stashes to prop up one of their 10000s shit coins?
814  Economy / Speculation / Re: [WO] Chaincase (etc.) on: September 14, 2020, 01:23:57 AM

Did he say all cap wearers are corrupt, or just some? Did he give a reason why wearing a cap makes you corrupt?

I don't know, the guy is just retarded... Here is a cached copy if you are really interested:

https://webcache.googleusercontent.com/search?q=cache:TT-gLjIlHhgJ:https://bitcointalk.org

WTF i feel left out, i called him (hv_ and other BSv shills) but didn't make the list
815  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2020, 06:20:30 PM
Soooo...  Any insights on if/when/how we are getting decoupled from stocks, and (I hope) coupled to precious metals?

1337 traders are treating BTC like a speculative leveraged stock. Meaning in order to derisk, at the first sign of market going south it's the first asset they drop. I don't see that changing short term. The way we decouple is on a big correction, when speculators exit/take leveraged short position thinking BTC is dead once again, hodlers seeing value start buying up and burn those short. It can happen now when we'll go to around $6k, or can happen when we'll go from $40k to $20k that depends on the global markets. The cycle will continue for some time, but should be diminishing with time and higher market caps.
816  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2020, 05:45:06 PM
Seeming correlation with the stonks are most disturbing but i guess expected. Speculators gonna speculate. It's going to take some blood to decouple from
817  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2020, 02:42:11 AM
Is bitcoin dead again?

Bitcoin is dying. The last death throes are taking a minute, but in the grand scheme of things, this'll look as silly as the tulip bubble. We will never see another ATH in bitcoin world. Ever.

Well you heard it, now it's been confirmed, bitcoin is officially dead, pack your bags, last one out to turn off the lights.

On a side note great to see old bears back, last time they left under strange circumstances wondering how long they'll last now
818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 02, 2020, 09:27:36 PM
Most altcoins dipped significantly harder than bitcoin today.

EDIT:
turns out roughly in +1% market dominance.


I don't even see BSv in top 10 on CMC someone should check on the jbreher
819  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 30, 2020, 06:37:42 AM
There is an unconfirmed report that Risto Pietila has died. By his own hand, people are saying. More if I get it.

Hope that stays unconfirmed, stopped following him after his castle burned down and he stopped posting here
820  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2020, 06:11:45 AM
Seat belts save lives. So do masks.

That's so lame Jimbo.
How can you even compare those two things?

I'll rephrase:
Show me how a mask saves lives. We know how belts do.

I dunno maybe look at any doctor in the ER or at any person in a lab dealing with infectious diseases?
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