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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 10 (6.8%)
H2 2019 - 15 (10.2%)
H1 2020 - 28 (19%)
H2 2020 - 26 (17.7%)
H1 2021 - 12 (8.2%)
H2 2021 - 28 (19%)
H1 2022 - 6 (4.1%)
H2 2022 - 4 (2.7%)
H1 2023 - 0 (0%)
H2 2023 - 3 (2%)
2024 or Later - 15 (10.2%)
Total Voters: 147

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21288839 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (102 posts by 19 users deleted.)
gentlemand
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April 11, 2015, 05:15:14 PM


I worked for a hostel a long time ago and spoke about politics to both americans and canadians, and it's weird how uptight americans are about politics. Canadians had no problem with it. I kind of think of canadians as americans without a personality disorder.

After spending several weeks in the US once, my flight transferred through Canada and I spent a few hours wandering. I couldn't quite figure out why everyone seemed happy and helpful. It was a very strange experience.

American politics seems to make residents far, far angrier than anywhere else and they can barely bring themselves to associate with those at other ends of the spectrum.

You see people on city-data wanting to move to 'liberal' towns. What the fuck? In Europe you just move where it looks nice. Politics doesn't register.

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April 11, 2015, 05:23:19 PM


I worked for a hostel a long time ago and spoke about politics to both americans and canadians, and it's weird how uptight americans are about politics. Canadians had no problem with it. I kind of think of canadians as americans without a personality disorder.

After spending several weeks in the US once, my flight transferred through Canada and I spent a few hours wandering. I couldn't quite figure out why everyone seemed happy and helpful. It was a very strange experience.

American politics seems to make residents far, far angrier than anywhere else and they can barely bring themselves to associate with those at other ends of the spectrum.

You see people on city-data wanting to move to 'liberal' towns. What the fuck? In Europe you just move where it looks nice. Politics doesn't register.



Even though I'm not a socialist myself I think it probably would be healthy for them to have a proper and visible socialist party influencing society.
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April 11, 2015, 05:24:55 PM

American politics seems to make residents far, far angrier than anywhere else and they can barely bring themselves to associate with those at other ends of the spectrum.

Maybe it has to do with having a basically 2-party system. That tends to polarize. Those not in power tend to feel disenfranchised and resentful.

Minority governments on the other hand, tend to build consensus.

Just my 2 satoshis.
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April 11, 2015, 05:27:32 PM


Maybe it has to do with having a basically 2-party system. That tends to polarize. Those not in power tend to feel disenfranchised and resentful.

Minority governments on the other hand, tend to build consensus.

Just my 2 satoshis.

Well, Britain's effectively two parties and the current coalition is the first in a long time. You don't get people frothing at the mouth at each other.

Having said that, the most rabidly right wing Brit would probably be regarded as a commie pinko begging to be relieved of their life by their American counterpart.
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April 11, 2015, 05:42:28 PM

the most rabidly right wing Brit would probably be regarded as a commie pinko begging to be relieved of their life by their American counterpart.

You noticed that too?

What most countries consider basic public healthcare is considered to be an affront to liberty, democracy, capitalism, and the American Way by many Americans.

Wasting zillions of dollars on the military, prisons, law enforcement, surveillance of citizens, and defense of corporations is OK though.
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April 11, 2015, 05:45:44 PM

the most rabidly right wing Brit would probably be regarded as a commie pinko begging to be relieved of their life by their American counterpart.

You noticed that too?

What most countries consider basic public healthcare is considered to be an affront to liberty, democracy, capitalism, and the American Way by many Americans.

Wasting zillions of dollars on the military, prisons, law enforcement, surveillance of citizens, and defense of corporations is OK though.

Absolutely baffling isn't it. Believing in a small state but a gigantic military industrial complex with tendrils reaching every corner of the world Wink
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April 11, 2015, 05:51:18 PM


Maybe it has to do with having a basically 2-party system. That tends to polarize. Those not in power tend to feel disenfranchised and resentful.

Minority governments on the other hand, tend to build consensus.

Just my 2 satoshis.

Well, Britain's effectively two parties and the current coalition is the first in a long time. You don't get people frothing at the mouth at each other.

Having said that, the most rabidly right wing Brit would probably be regarded as a commie pinko begging to be relieved of their life by their American counterpart.

Rational balanced opinions are viewed with suspicion. Polarisation seems to be the theme for politicians and citizens these days. Its just that the extremes make the most noise.

But despite the crap they have to live under from their 'government', America seems to have a higher proportion of basically decent people than most other countries. I've experienced random acts of kindness in remote West Virginian owns, and rough New York suburbs that would never have happened in many other counties on the world.

The difference between UK and US politics is that UK people dont believe the crap their politicians tell them.  Grin (but who else you gonna vote for? Farrage? Ugh.)
gentlemand
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April 11, 2015, 05:56:28 PM


Rational balanced opinions are viewed with suspicion. Polarisation seems to be the theme for politicians and citizens these days. Its just that the extremes make the most noise.

But despite the crap they have to live under from their 'government', America seems to have a higher proportion of basically decent people than most other countries. I've experienced random acts of kindness in remote West Virginian owns, and rough New York suburbs that would never have happened in many other counties on the world.

The difference between UK and US politics is that UK people dont believe the crap their politicians tell them.  Grin (but who else you gonna vote for? Farrage? Ugh.)


I've seen no shortage of US political ads that would have a British politician laughed out of their job. I'm usually laughing too much to put my foot through the TV, which is what should be done.

American people on the ground are by and large lovely. I don't really understand where this air of darkness that hangs in the background starts and finishes.

It's the old 'them' problem. 'They' are to blame for everything and there must be millions of them, but no one thinks they are one of 'them' and they don't ever seem to have met one.

Ah well. It's still an incredible place to visit and I'm still thankful to head back to knackered old commie Europe at the end of it.
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April 11, 2015, 05:57:27 PM

the most rabidly right wing Brit would probably be regarded as a commie pinko begging to be relieved of their life by their American counterpart.

You noticed that too?

What most countries consider basic public healthcare is considered to be an affront to liberty, democracy, capitalism, and the American Way by many Americans.

Wasting zillions of dollars on the military, prisons, law enforcement, surveillance of citizens, and defense of corporations is OK though.

Absolutely baffling isn't it. Believing in a small state but a gigantic military industrial complex with tendrils reaching every corner of the world Wink

Not to mention that they subsidize just about every industry there is. The US would struggle to fulfill the terms of the EU free market.

And when they discuss policy that is commonplace in just about every other country, they start talking about outlandish what ifs and slippery slopes. Other countries just look to where it's been done before.

The gays in the military debate was pure entertainment gold. Why check the experiences of the dutch and the swedes when you can barf out every brain fart you have to an international audience.
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April 11, 2015, 05:58:29 PM

Coin
Explanation
sAt0sHiFanClub
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April 11, 2015, 06:15:11 PM



The gays in the military debate was pure entertainment gold. Why check the experiences of the dutch and the swedes when you can barf out every brain fart you have to an international audience.

Yup, check with the dutch....

Dutch Police
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April 11, 2015, 06:21:12 PM

Yeez Louise!

I did a quick search and it turns out that every lovable american comedian is a canadian!

Jim Carrey, Mike Myers, John Candy, Seth Rogen, Phil Hartman, Norm Macdonald, Leslie Nielsen, Martin Short, Rick Moranis and Dan Akroyd. Heck, even Captain Kirk is canadian!
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April 11, 2015, 06:35:41 PM

I am loving the discussion of American mentality more please.
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April 11, 2015, 06:36:35 PM

Looks like the pump show is over unless it's a tarp
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April 11, 2015, 06:37:44 PM

...
Now those Greeks... Don't even get me started!
...

Yeah, there's a reason for this...
They get you into The List in no time...

PS: List is now updated.  Grin
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April 11, 2015, 06:45:25 PM

...
Now those Greeks... Don't even get me started!
...

Yeah, there's a reason for this...
They get you into The List in no time...

PS: List is now updated.  Grin

Greeks should spend more time paying sovereign debt than trying to censor the internet.

GET A JOB, YOU BUM!  Grin Grin
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April 11, 2015, 06:45:27 PM

Big money has always been able to get coins easily, even withoit any ETF.  For example, back in late 2013, the Fortress investment group (>60 billion USD in managed assets, >300 million USD/year of revenue) bought 13 million USD worth of bitcoins (which they later disposed of).  Basically anyone with a fair income and a million dollars in hand could buy BIT shares, since Sep/2013.  The last USMS auction got no big buyers, not even Tim Draper.

Obviously, "big money" is not buying bitcoins because they are not interested.  

First of, the ""big money" is not buying bitcoins because they are not interested." part is utterly wrong. They do care, but as I said they have no EASY way in. It's different than ie: I want to buy 200,000 Apple stocks today. This has to change.

What ETFs want to do is to provide easy access to BTCs for the masses. Small money or big money doesn't matter. If I want to go on and buy in, NOW, because I think it's a nice thing to do, then I'll be able to do it, so will everybody else. If I want to sell, then it will be feasible too.

I gave above a couple examples showing that "big money" did in fact buy bitcoins, and therefore could buy; but then did not buy more, even though it had the opportunity to do so.  Not for regulation problems, but just because "big money" does not like to lose money.

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PLUS: It's gonna be TRANSPARENT!
Not sending money to some Polish bank account named after John Doe & Co.
Big money did not have to interact with the exchanges directly.  Intermediaries could easily buy 200'000 bitcoins for them, on or off the exchanges, for a modest fee to compensate for their risk. Second Market bought at least 120'000 over 8 months, and surely what made them stop was not lack of bitcoins, but lack of investors.

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Not without every transaction is recorded and be visible to EVERYBODY.
Bitcoin ownership is not easily identifiable. Even if you could identify my 660'000 BTC in the blockchain, if you saw them being moved to another address, can you tell whether I sold them, or they are still mine?

On the other hand, although ownership and trades of fund shares are not public, they are known to the brokers and are recorded in a centralized share registry.  ("Bearer bonds" have been outlawed decades ago.)

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Not without knowing FOR SURE, what's real and what's not.
Not with a Willy Bot that buys in virtual BTCs with virtual money.
If you have the private keys, you know that you have the bitcoins.  I you own BIT or COIN shares, you have to trust that the fund management company did not lose their coins by hacking, embezzlement, accident, or incompetence.  (Yes, they are audited -- like Enron was.  No, they are not insured against those things.) 

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April 11, 2015, 06:52:47 PM

Even though I'm not a socialist myself I think it probably would be healthy for them to have a proper and visible socialist party influencing society.

Yeah, because socialism is a positive influence. No wonder Americans don't like you, faget.
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April 11, 2015, 06:56:32 PM

Yeez Louise!

I did a quick search and it turns out that every lovable american comedian is a canadian!

Jim Carrey, Mike Myers, John Candy, Seth Rogen, Phil Hartman, Norm Macdonald, Leslie Nielsen, Martin Short, Rick Moranis and Dan Akroyd. Heck, even Captain Kirk is canadian!
Don't forget Terrance and Phillip  Grin
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April 11, 2015, 06:58:25 PM

8 comments on this page is ignored....
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