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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26369620 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. (174 posts by 3 users with 9 merit deleted.)
jbl
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December 11, 2017, 10:38:42 AM


AFAIK this was done by bitcointalk user thekozitwo (or something like that, too lazy to look it up). One time I complimented him/her on his beautiful singing voice and they replied that it was a hired singer doing the singing.

Last I heard from thekozitwo was when he/she sent 80K USD to Mt. Gox as it was going belly up and Bitcoins were trading for 0.1BTC/goxbux...


He/She used to hang around the Monero forums - so I think he did well in the end. Great couple of songs - now historical artefacts.
Check this out: https://www.youtube.com/watch?v=aXW-oTcrutA
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HairyMaclairy
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December 11, 2017, 10:47:39 AM


AFAIK this was done by bitcointalk user thekozitwo (or something like that, too lazy to look it up). One time I complimented him/her on his beautiful singing voice and they replied that it was a hired singer doing the singing.

Last I heard from thekozitwo was when he/she sent 80K USD to Mt. Gox as it was going belly up and Bitcoins were trading for 0.1BTC/goxbux...


He/She used to hang around the Monero forums - so I think he did well in the end. Great couple of songs - now historical artefacts.
Check this out: https://www.youtube.com/watch?v=aXW-oTcrutA

They also got caught in BTC-E....   They are still active in the Moneron community. 
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December 11, 2017, 10:54:27 AM

Is the CBOE volume the amount of bitcoins or the amount of 5-bitcoin contracts?
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December 11, 2017, 10:55:41 AM

Is the CBOE volume the amount of bitcoins or the amount of 5-bitcoin contracts?

CBOE is 1 bitcoin contracts so the same thing.  CME is 5 bitcoin contracts.
Last of the V8s
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December 11, 2017, 11:00:55 AM


Hibernation time for bears.
We have reached the double bottom
404Revolution
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December 11, 2017, 11:08:15 AM

Saw this on Plebbit.

https://twitter.com/BitmexRekt/

A bot that shows people getting rekt on their trades.

https://twitter.com/BitmexRekt/status/939993657121431554

"Liquidated short on XBTUSD: Buy 2,344,883 @ 15239 💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯🔥⚡ ~ BEYOND GODLIKE x13"
Just found that ya niggerfaggot? Yeah I been watching that for awhile now.

With 2k+ usd spreads between exchanges some are suspicious they may manipulate their exchange rate to constantly liquidate margins. They don't allow u.s. customers, no KYC, and 100x leverage is offered. Certainly a lot of high stakes gambles there.
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December 11, 2017, 11:18:32 AM

Bitstamp looks like a slowly boiling pot. 
Heater
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December 11, 2017, 11:30:30 AM

Stupid story:
https://www.theatlantic.com/business/archive/2017/12/bitcoin-bubble/547952/

Stupid discussion about stupid story:
https://www.reddit.com/r/Economics/comments/7iu1zb/is_bitcoin_the_most_obvious_bubble_ever/

After 9 goddamn years they still don't get it. We are just "a gaggle of greater fools".

One day some these morons will figure it out. They will become the late stage adopters who will drive the price from 100k to 1m.

Thanks in advance guys - we need to keep you in reserve. Your fiat will be needed later.
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December 11, 2017, 12:34:44 PM

https://cointelegraph.com/news/bitcoin-has-less-environmental-impact-than-fiat-currencies
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The report indicates that the annual consumption of power from Bitcoin mining is 8.27 terawatt-hours per year, and the global production of fiat currencies stands at 11 terawatt-hours per year.
Gold mining burns a staggering 132 terawatt-hours per year.
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December 11, 2017, 12:47:18 PM

I love the smell of burning casinos in the morning... .
http://www.zerohedge.com/news/2017-12-10/cboe-website-crashes-futures-trading-begins-bitcoin-price-squeezed-10-higher
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December 11, 2017, 12:47:49 PM
Last edit: December 11, 2017, 01:08:50 PM by RayX12

https://cointelegraph.com/news/bitcoin-has-less-environmental-impact-than-fiat-currencies
Quote
The report indicates that the annual consumption of power from Bitcoin mining is 8.27 terawatt-hours per year, and the global production of fiat currencies stands at 11 terawatt-hours per year.
Gold mining burns a staggering 132 terawatt-hours per year.

Worst of all is the ENVIRONMENTAL damage caused by the chemical spills from all mining including gold where mercury is used.  Most mining industries have tight standards in developed countries but the pollution left behind trapped in pits and lakes eventually fail and flow into the rivers and aquifers.  The damage is appalling!  In third world countries even children are exposed to mercury in the processes of gold extraction.



More info here:  https://www.smithsonianmag.com/science-nature/environmental-disaster-gold-industry-180949762/
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December 11, 2017, 12:50:40 PM

Worst of all is the ENVIRONMENTAL damage caused [...] even children are exposed to mercury in the processes of gold extraction.

R0ach that!  Shocked Roll Eyes
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December 11, 2017, 12:56:59 PM

Worst of all is the ENVIRONMENTAL damage caused by the chemical spills caused by all mining including gold where mercury is used.  Most mining industries have tight standards in developed countries but the pollution left behind trapped in pits and lakes eventually fail and flow into the rivers and aquifers.  The damage is appalling!  In third world countries even children are exposed to mercury in the processes of gold extraction.

Who here hasn't played with mercury as a child?
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December 11, 2017, 12:57:38 PM

I noticed the 20% limit on futures is not for the entire month, but for a single day.

That is, if bitcoin go to 18k, they can put +20% on it, for january 18th.

If it go to 20k in the next day, they can put more 20%.

They only halt the trade for that day, and continue on the next.

This will boost the bull run. Because they will be betting for a increase, and people will be buying more so that the bets are hit, thus increasing the bets for january 18th, creating a snowball effect.

Just HODL it.
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December 11, 2017, 01:01:38 PM

Are we bear free again?  Cool
The magics of derivatives!
RayX12
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December 11, 2017, 01:12:33 PM

Worst of all is the ENVIRONMENTAL damage caused by the chemical spills from all mining including gold where mercury is used.  Most mining industries have tight standards in developed countries but the pollution left behind trapped in pits and lakes eventually fail and flow into the rivers and aquifers.  The damage is appalling!  In third world countries even children are exposed to mercury in the processes of gold extraction.

Who here hasn't played with mercury as a child?

Yes, we all have casually played with mercury.
Of course this goes beyond casual contact.

RayX12
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December 11, 2017, 01:16:54 PM

WTF is going on with volume on Bitfinex??  Server crashing?
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December 11, 2017, 01:18:55 PM

fabiorem
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December 11, 2017, 01:19:54 PM

Yes, we all have casually played with mercury.
Of course this goes beyond casual contact.


Theres also sulphur, arsenic, antinomy...
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December 11, 2017, 01:21:24 PM

Got some at work to buy bitcoin in the dip before futures. ceo also knows about it but his finacial adviser told him against it.

Most of them bough btc and ltc at the same time

"Financial adviser". A Keep-you-poor adviser is more like it.

I had a tax accountant/ financial adviser once. When he found out that I had invested majorly into Bitcoin in 2013, he told me that I was a fool and the minute it went up even a little that I should sell it all.

I was so irritated with his bad attitude, that I immediately dumped him and started doing my own taxes.

If I had taken his advice, I wouldn't be where I am today looking at early retirement. Not even close.
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