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Question: Aug. 17 Closing Price:
<$3,000 - 4 (4.4%)
<$8,000 - 3 (3.3%)
$8,001-$8,500 - 2 (2.2%)
$8,501-$9,000 - 2 (2.2%)
$9,001-$9,500 - 3 (3.3%)
$9,501-$10,000 - 16 (17.6%)
$10,001-$10,500 - 16 (17.6%)
$10,501-$11,000 - 13 (14.3%)
$11,001-$11,500 - 8 (8.8%)
$11,501-$12,000 - 6 (6.6%)
$12,001-$12,500 - 3 (3.3%)
$12,501-$13,000 - 1 (1.1%)
$13,001-$13,500 - 1 (1.1%)
$13,501-$14,000 - 2 (2.2%)
>$14,000 - 2 (2.2%)
>$18,000 - 9 (9.9%)
Total Voters: 91

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21327921 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. (104 posts by 20 users deleted.)
JayJuanGee
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January 27, 2017, 04:05:09 PM

According to Arthur Hayes, Co-Founder & CEO, BitMEX

selling pressure will continue until mid-February,

There is no selling pressure. There is continuous persistent buying pressure caused by new bitcoiners.

Yep.

Some of these folks seem to be describing facts on the ground in a way that is contrary to what is actually happening.  Go figure!


Haven't they already picked up enough "cheap coins?"
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January 27, 2017, 04:10:42 PM


LePen hates Bitcoin. Her Party is a mixture of radical nationalism and socialism.


Nationalist Socialists...the last time they rose to power nothing but sunshine and lolipops spread across the world.

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January 27, 2017, 04:27:49 PM


LePen hates Bitcoin. Her Party is a mixture of radical nationalism and socialism.


Nationalist Socialists...the last time they rose to power nothing but sunshine and lolipops spread across the world.



please be aware that the national socialists were mainly nationalists and fascists and did hunt socialists and put them into concentration camps and killed them. they hated socialism. the name is misleading. they were far right, not left at all.
well, to be more precise, there were actually socialist-like currents in the beginning of "the movement" - especially the SA under Röhm were leaning towards that direction. but hitler just used them to gain more momentum for his plans. guess what he did to röhm once he felt he did not need him anymore:

https://en.wikipedia.org/wiki/Night_of_the_Long_Knives
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January 27, 2017, 04:33:21 PM

Elwar,

since you just applied Goodwins law to this thread, in a way that is completely unrelated to wall observing BTC/USD tracking. I will just ask you to do us a favor.

Please, do not never ever breed.
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January 27, 2017, 04:34:16 PM

Finex is getting some volume back? Shorts are at 1yr high too, grab your torches?  Grin


Do you think that when there are that many shorts, then the price is more likely to go up?

I have no real clue, except that I do understand the motive to push the price in the opposite direction to force those shorts into being called.

shorts are not at 1 year high, the 1 year high is 25,345 BTC August 1 2016 03:00



Not seeing shorts crossing BTC25k on Aug 1st


Can you post a link to where that chart came from please?
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January 27, 2017, 04:40:51 PM

Elwar,

since you just applied Goodwins law to this thread, in a way that is completely unrelated to wall observing BTC/USD tracking. I will just ask you to do us a favor.

Please, do not never ever breed.

Nazi was brought up before I posted. Just the long spelling of nationalism and socialism.

So Hitler just "used" the nationalist socialists...was he the one that fought to centralize power?

I find it interesting that socialists are shocked when they do all of this centralizing of power then they are so shocked (shocked!) that someone who is not to their liking gets hold of that power and isn't the saint that they created the position for.

Nothing like that is playing out right now though.
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January 27, 2017, 05:02:48 PM

Good morning Bitcoinland.

Still flat sideways in $880-$930 range... currently $924 USD (Bitcoinaverage).

Maybe the weekend will bring some real movement.

Elwar,

since you just applied Goodwins law to this thread, in a way that is completely unrelated to wall observing BTC/USD tracking. I will just ask you to do us a favor.

Please, do not never ever breed.

You've gotta cut Elwar some slack. I think he's American.

Americans seem to have a different definition of "socialist" from the rest of the world. Due to media brainwashing and perhaps a less-than-optimal educational system, many Americans seem to think that socialists and fascists are the same, rather than being bitter enemies. They don't realize that fascism is a right-wing phenomenon while socialists are left-wing.

They tend to call "centralized government" what the rest of the world sees as civil infrastructure. They also like to think of a heavily incarcerated civilian population and government data-mining as "freedom" or "liberty".

 Roll Eyes
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January 27, 2017, 05:10:04 PM

You've gotta cut Elwar some slack. I think he's American.

Americans seem to have a different definition of "socialist" from the rest of the world. Due to media brainwashing and perhaps a less-than-optimal educational system, many Americans seem to think that socialists and fascists are the same, rather than being bitter enemies. They don't realize that fascism is a right-wing phenomenon while socialists are left-wing.

They tend to call "centralized government" what the rest of the world sees as civil infrastructure. They also like to think of a heavily incarcerated civilian population and government data-mining as "freedom" or "liberty".

 Roll Eyes
I'm dying to hear from you not-brainwashed colleague how fascism is different from socialism, apart from different brands useful for getting into brawls.
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January 27, 2017, 05:14:36 PM

https://www.cryptocoinsnews.com/credit-china-fintech-inks-30-million-deal-bitcoin-firm-bitfury/

And yet Bitcoin naysayers keep spouting that China is ready to shut down Chinese bitcoin exchanges any day now.  Roll Eyes
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January 27, 2017, 05:15:05 PM


please be aware that the national socialists were mainly nationalists and fascists and did hunt socialists and put them into concentration camps and killed them. they hated socialism. the name is misleading. they were far right, not left at all.
well, to be more precise, there were actually socialist-like currents in the beginning of "the movement" - especially the SA under Röhm were leaning towards that direction. but hitler just used them to gain more momentum for his plans. guess what he did to röhm once he felt he did not need him anymore:

https://en.wikipedia.org/wiki/Night_of_the_Long_Knives

so is Le Pen and the National Front. It worries me way more Le Pen than Trump.
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January 27, 2017, 05:15:38 PM


please be aware that the national socialists were mainly nationalists and fascists and did hunt socialists and put them into concentration camps and killed them. they hated socialism. the name is misleading. they were far right, not left at all.

https://en.wikipedia.org/wiki/Night_of_the_Long_Knives

They hunted down Marxist socialists, not socialists in general.  And there is no correlation between left/right wing and either socialism or free market economies.  The Nazis were right wing in the original sense of that term:  They genuinely believed that some people are just genetically superior to others and should rule over those others.  The first right-wingers were Monarchists whose superiority was based on their family heritage.  Nowadays people use right-wing as synonymous with conservative or republican, but that is not the sense in which they Nazis were right wing - they were certainly not conservative in any conceivable way, nor were they republican.
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January 27, 2017, 05:27:14 PM

Finex is getting some volume back? Shorts are at 1yr high too, grab your torches?  Grin


Do you think that when there are that many shorts, then the price is more likely to go up?

I have no real clue, except that I do understand the motive to push the price in the opposite direction to force those shorts into being called.

shorts are not at 1 year high, the 1 year high is 25,345 BTC August 1 2016 03:00



Not seeing shorts crossing BTC25k on Aug 1st


Can you post a link to where that chart came from please?

See https://www.bfxdata.com/swaphistory/btc
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January 27, 2017, 05:37:57 PM

I'm dying to hear from you not-brainwashed colleague how fascism is different from socialism, apart from different brands useful for getting into brawls.

600watt already did a pretty good job of that:

please be aware that the national socialists were mainly nationalists and fascists and did hunt socialists and put them into concentration camps and killed them. they hated socialism. the name is misleading. they were far right, not left at all.
well, to be more precise, there were actually socialist-like currents in the beginning of "the movement" - especially the SA under Röhm were leaning towards that direction. but hitler just used them to gain more momentum for his plans. guess what he did to röhm once he felt he did not need him anymore:

https://en.wikipedia.org/wiki/Night_of_the_Long_Knives

By definition fascism is (quote): "an authoritarian and nationalistic right-wing system of government and social organization".

Socialism is defined as (quote): "a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole".

Sources: just google "fascism" and "socialism".

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January 27, 2017, 06:00:51 PM


Socialism is defined as (quote): "a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole".


That's a pretty narrow definition of what is actually a very broad political term.

In the German government of the Nazis every citizen was guaranteed a job by the government.  Education at government expense was guaranteed to every citizen.  Housing, healthcare, etc was either free or heavily subsidized by the government.  This may not seem very radical now, but at the time it would definitely have been considered very liberal, and yes even socialist.

I understand that people who have positive notions of socialism cringe at the notion of socialism being associated with the Nazis, but socialism really is just a broad political term, and the Nazi government does fit broadly into that category.
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January 27, 2017, 06:04:02 PM

Nowadays people use right-wing as synonymous with conservative or republican, but that is not the sense in which they Nazis were right wing - they were certainly not conservative in any conceivable way, nor were they republican.

The Wikipedia entry on (small-r) "republicanism" describes it as (quote): "Republicanism is an ideology of being a citizen in a state as a republic under which the people hold popular sovereignty.

As such it has more in common with the left wing than the right. (socialism: a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole).

Republicanism and socialism are both systems that put power in the hands of the common citizens instead of the ruling elite.

The (capital-R) Republican Party is as much a misnomer as calling the Nazis "socialists".
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January 27, 2017, 06:06:39 PM

I don't care what "ism" you are talking about, anytime concerns about a conceptual group are placed above the concerns of actual individuals, it's going to be a bad time.
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January 27, 2017, 06:13:07 PM

Nowadays people use right-wing as synonymous with conservative or republican, but that is not the sense in which they Nazis were right wing - they were certainly not conservative in any conceivable way, nor were they republican.

The Wikipedia entry on (small-r) "republicanism" describes it as (quote): "Republicanism is an ideology of being a citizen in a state as a republic under which the people hold popular sovereignty.

As such it has more in common with the left wing than the right. (socialism: a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole).

Republicanism and socialism are both systems that put power in the hands of the common citizens instead of the ruling elite.

The (capital-R) Republican Party is as much a misnomer as calling the Nazis "socialists".

I wasn't trying to define 'republican' - I was defining 'left-wing/right-wing'.

The term comes from the French legislature after the revolution, where the Monarchists sat on the right side of the corridor, and basically everyone else sat on the left.

As I said, when people use the term 'right-wing' nowadays, they are usually using it as a synonym for conservatism in general, or, in the US, as what they perceive the Republican party to be - but I think we can both agree that the Nazis were not in any way conservative, and had no political similarity to the US Republican party at all.

The Nazis were right-wing only in the original sense, as were the Monarchists.  The Nazis believed their racial group was naturally superior to others, just as Monarchists believed their family genetics were superior and entitled them to rule.
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January 27, 2017, 06:32:28 PM

Good morning Bitcoinland.

Still flat sideways in $880-$930 range... currently $924 USD (Bitcoinaverage).

Maybe the weekend will bring some real movement.

Elwar,

since you just applied Goodwins law to this thread, in a way that is completely unrelated to wall observing BTC/USD tracking. I will just ask you to do us a favor.

Please, do not never ever breed.

You've gotta cut Elwar some slack. I think he's American.

Americans seem to have a different definition of "socialist" from the rest of the world. Due to media brainwashing and perhaps a less-than-optimal educational system, many Americans seem to think that socialists and fascists are the same, rather than being bitter enemies. They don't realize that fascism is a right-wing phenomenon while socialists are left-wing.

They tend to call "centralized government" what the rest of the world sees as civil infrastructure. They also like to think of a heavily incarcerated civilian population and government data-mining as "freedom" or "liberty".

 Roll Eyes

I think you are confused as to what is 'left wing' versus 'right wing'.   
IF you use the scale of government control over the individual, and the sacrifice of individual rights 'for the good of the whole (collective)" then fascism and socialism are indeed on the same side as totalitarianism, as opposed to free market libertarians wanting as little government control as possible, thus gravitating toward anarchism, or no laws or government control.

There is a lot of revisionist history going on today.  Hitler and Stalin were in fact allies,,, until Hitler betrayed him and invaded poland and headed toward Stalingrad and Moscow.   In fact, the death camps were a Soviet design by some accounts.  Stalin and the USSR was left of Hitler Germany, but both were far left of any free market, individual rights respecting democracy.
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January 27, 2017, 06:38:45 PM

Ok, so we've established that Marine Le Pen's performance in the French polls could affect the price of Bitcoin, yes?  Grin

Anyone here remember Bitcoin?  Tongue

Mooooon!!!!!!!!!!!!!!!
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January 27, 2017, 06:40:45 PM

I wasn't trying to define 'republican' - I was defining 'left-wing/right-wing'.

The term comes from the French legislature after the revolution, where the Monarchists sat on the right side of the corridor, and basically everyone else sat on the left.

As I said, when people use the term 'right-wing' nowadays, they are usually using it as a synonym for conservatism in general, or, in the US, as what they perceive the Republican party to be - but I think we can both agree that the Nazis were not in any way conservative, and had no political similarity to the US Republican party at all.

The Nazis were right-wing only in the original sense, as were the Monarchists.  The Nazis believed their racial group was naturally superior to others, just as Monarchists believed their family genetics were superior and entitled them to rule.

Indeed. The distinction between "right-wing" and "left-wing" has been open to debate for a long time.

Remember the Political Compass? They at least tried to differentiate between fiscal conservatism/liberalism and social conservatism/liberalism.

https://www.politicalcompass.org/

Anyone here remember Bitcoin?  Tongue

Yep. Still watching it go sideways.

Going sideways makes it easy to be distracted by other topics.  Cheesy
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