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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330465 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. (170 posts by 1 users with 9 merit deleted.)
HairyMaclairy
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March 12, 2018, 11:06:23 PM
Merited by d_eddie (1)

What if miners had to pay a fee to mine but that was their entry ticket to a prize pool?  

That is pretty much how Bitcoin mining works.
Are you trying to imply that hardware and electricity costs could be called a fee?

I guess it depends upon what your definition of fee is. Not having specified to whom said free would be paidxi I merely assumed you only meant it in the generic sense of an expense.

I was thinking in the specific sense of having to pay a fee in Bitcoin. Possibly as a substitute for POW.  I have not given it any real thought and it’s possibly full of holes, such as Sybil attacks.
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HairyMaclairy
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March 12, 2018, 11:07:06 PM
Last edit: March 12, 2018, 11:18:09 PM by HairyMaclairy

I can’t think of anywhere you are more likely to die in a random hail of gunfire or be eaten by cannibals than being surrounded by 6,000 preppers.  

Take a yacht with food and medical supplies out into the Pacific. A monohull so you can take a knock down in a storm and pop straight back up again.

Or a seastead. I'm starting to get excited here in French Polynesia about things moving forward on that front. Good things coming soon (tm).

Any pictures you are able to share would be welcome. Even if it’s only baguettes and palm trees.  

What is the basic design?  Has anything like this ever been built before?
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March 12, 2018, 11:13:03 PM

If I saw those balances above all moving at once I would expect the price to become too cheap.    It would then spike down and back up again, sharp like shutting off a tap suddenly.   After that the market tries to right itself in one direction but a more progressive way.
They could drip those balances in over 6 months, I really expect that but cant be sure with a liquidator exactly.   I know with Lehman brothers, that company will be 'operating' running down its various assets for decades probably.

Mentioned this before, but there's unlikely to be any more movements until there is a ruling on CR (civil rehabilitation). The trustee has made creditors whole with respect to their JPY claims - he has no reason to take further action.
Elwar
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March 12, 2018, 11:30:42 PM

I can’t think of anywhere you are more likely to die in a random hail of gunfire or be eaten by cannibals than being surrounded by 6,000 preppers.  

Take a yacht with food and medical supplies out into the Pacific. A monohull so you can take a knock down in a storm and pop straight back up again.

Or a seastead. I'm starting to get excited here in French Polynesia about things moving forward on that front. Good things coming soon (tm).

Any pictures you are able to share would be welcome. Even if it’s only baguettes and palm trees. 

No baguettes and only shadows of palm trees...but this was my breakfast yesterday morning just outside of my bedroom.




And the sunset on the first day I moved in (before I started cleaning up the beach)
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March 12, 2018, 11:35:28 PM

Fabulous.  Keep them coming. How is your French?
cAPSLOCK
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March 12, 2018, 11:57:03 PM

Is it just me or is the mood in here turning very #CRAEFULGANG?
pacman7331
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March 13, 2018, 12:00:20 AM

Is it just me or is the mood in here turning very #CRAEFULGANG?

Isn't it good to retest support? I guess it was a successful test.

2 dips below 8500, and one below 8800.

I got a feeling Asia is sick of buying at this price...
maybe looking to find cheaper today... (3 times in a row) Angry
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March 13, 2018, 12:03:12 AM
Merited by yefi (1)

I can’t think of anywhere you are more likely to die in a random hail of gunfire or be eaten by cannibals than being surrounded by 6,000 preppers.  

Take a yacht with food and medical supplies out into the Pacific. A monohull so you can take a knock down in a storm and pop straight back up again.

And literally be dead within 24-48 hours. Capsized, out of food, no water, and eaten by sharks.

Nah, I'd take my chances with the preppers. They'd be glad to give you food & water in return for hoeing the fields.
Torque
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March 13, 2018, 12:06:18 AM

Is it just me or is the mood in here turning very #CRAEFULGANG?

Craefulgang, you wouldn't wanna spill your Covfefe
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March 13, 2018, 12:15:06 AM

Is it just me or is the mood in here turning very #CRAEFULGANG?

What does #CRAEFULGANG mean?
Biodom
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March 13, 2018, 12:35:43 AM
Last edit: March 13, 2018, 12:49:49 AM by Biodom

Is it just me or is the mood in here turning very #CRAEFULGANG?

What does #CRAEFULGANG mean?

It' a parody on hey hey heyyyy...bitconnnneeee...ctttt dude.
Aired on J. Oliver's show yesterday.

https://youtu.be/g6iDZspbRMg?t=987

followed by (where craeful is explained)

https://youtu.be/g6iDZspbRMg?t=1361
jojo69
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March 13, 2018, 12:35:50 AM

Is it just me or is the mood in here turning very #CRAEFULGANG?

What does #CRAEFULGANG mean?

https://www.youtube.com/watch?v=5qtcDrv_xDs&feature=youtu.be
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March 13, 2018, 12:36:44 AM

I can’t think of anywhere you are more likely to die in a random hail of gunfire or be eaten by cannibals than being surrounded by 6,000 preppers.  

Take a yacht with food and medical supplies out into the Pacific. A monohull so you can take a knock down in a storm and pop straight back up again.

And literally be dead within 24-48 hours. Capsized, out of food, no water, and eaten by sharks.

Nah, I'd take my chances with the preppers. They'd be glad to give you food & water in return for hoeing the fields.

or if you are female...simply hoeing
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March 13, 2018, 12:42:32 AM
Merited by BobLawblaw (1)

Is it just me or is the mood in here turning very #CRAEFULGANG?

Isn't it good to retest support? I guess it was a successful test.

2 dips below 8500, and one below 8800.

I got a feeling Asia is sick of buying at this price...
maybe looking to find cheaper today... (3 times in a row) Angry

I have never been so sure in my life that bitcoin was going to go bullish early march. I was approaching 99% sure of my bullish sentiment. And I'm not usually wrong. I'm willing to admit when I dont know, which is often, but when I decide that I do know I have always been right. That kick in the teeth of being not just a little bit wrong but so extraordinarily 100% 180 degrees wrong sent me from the most bullish I have ever been to the most bearish. At this point I'm waiting for a retest of 6k atleast.

It really really really should have been off to the races from like the third of this month. This pullback should not have been as dramatic as it was...
JayJuanGee
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March 13, 2018, 12:49:41 AM

Is it just me or is the mood in here turning very #CRAEFULGANG?

Isn't it good to retest support? I guess it was a successful test.

2 dips below 8500, and one below 8800.

I got a feeling Asia is sick of buying at this price...
maybe looking to find cheaper today... (3 times in a row) Angry

I have never been so sure in my life that bitcoin was going to go bullish early march. I was approaching 99% sure of my bullish sentiment. And I'm not usually wrong. I'm willing to admit when I dont know, which is often, but when I decide that I do know I have always been right. That kick in the teeth of being not just a little bit wrong but so extraordinarily 100% 180 degrees wrong sent me from the most bullish I have ever been to the most bearish. At this point I'm waiting for a retest of 6k atleast.

It really really really should have been off to the races from like the third of this month. This pullback should not have been as dramatic as it was...

You come off as such a wize soul.



NOT.


This above post demonstrates your nonsensical mud, and seeming inclination to talk your book -- -yeah right.. you went from the most bullish to the most bearish just a couple of weeks ago, and now you want to tell the world about your supposed enlightened transformation.

 Roll Eyes Roll Eyes Roll Eyes  Get a fucking grip, book talker....  Tongue
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March 13, 2018, 12:49:44 AM

I can’t think of anywhere you are more likely to die in a random hail of gunfire or be eaten by cannibals than being surrounded by 6,000 preppers.  

Take a yacht with food and medical supplies out into the Pacific. A monohull so you can take a knock down in a storm and pop straight back up again.

Or a seastead. I'm starting to get excited here in French Polynesia about things moving forward on that front. Good things coming soon (tm).

Any pictures you are able to share would be welcome. Even if it’s only baguettes and palm trees.  

No baguettes and only shadows of palm trees...but this was my breakfast yesterday morning just outside of my bedroom.




And the sunset on the first day I moved in (before I started cleaning up the beach)


Cabin in the mountains is more my speed.



My baby is almost done! One more month or so.

Is it just me or is the mood in here turning very #CRAEFULGANG?

Isn't it good to retest support? I guess it was a successful test.

2 dips below 8500, and one below 8800.

I got a feeling Asia is sick of buying at this price...
maybe looking to find cheaper today... (3 times in a row) Angry

I have never been so sure in my life that bitcoin was going to go bullish early march. I was approaching 99% sure of my bullish sentiment. And I'm not usually wrong. I'm willing to admit when I dont know, which is often, but when I decide that I do know I have always been right. That kick in the teeth of being not just a little bit wrong but so extraordinarily 100% 180 degrees wrong sent me from the most bullish I have ever been to the most bearish. At this point I'm waiting for a retest of 6k atleast.

It really really really should have been off to the races from like the third of this month. This pullback should not have been as dramatic as it was...

You come off as such a wize soul.



NOT.


This above post demonstrates your nonsensical mud, and seeming inclination to talk your book -- -yeah right.. you went from the most bullish to the most bearish just a couple of weeks ago, and now you want to tell the world about your supposed enlightened transformation.

 Roll Eyes Roll Eyes Roll Eyes  Get a fucking grip, book talker....  Tongue


Is this a thread for talking about price predictions or a thread for circle jerking about the moon? Is that the only opinion I am allowed to have? BUY BUY BUY MOON MOON MOON.
bluebits
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March 13, 2018, 12:52:15 AM
Merited by El duderino_ (1)

Is it just me or is the mood in here turning very #CRAEFULGANG?

Isn't it good to retest support? I guess it was a successful test.

2 dips below 8500, and one below 8800.

I got a feeling Asia is sick of buying at this price...
maybe looking to find cheaper today... (3 times in a row) Angry

I have never been so sure in my life that bitcoin was going to go bullish early march. I was approaching 99% sure of my bullish sentiment. And I'm not usually wrong. I'm willing to admit when I dont know, which is often, but when I decide that I do know I have always been right. That kick in the teeth of being not just a little bit wrong but so extraordinarily 100% 180 degrees wrong sent me from the most bullish I have ever been to the most bearish. At this point I'm waiting for a retest of 6k atleast.

It really really really should have been off to the races from like the third of this month. This pullback should not have been as dramatic as it was...

What was your thesis for a March pump?

'Standard View'

BTC ran up 10,000%, a massive multi-year correction is then absolutely necessary. Given the increase in infrastructure and adoption the most likely effect is a shallower, longer winter. (The more something represents the entire system the slower it moves, economies move in decades long cycles, BTC could have month long cycles starting out. Lows around -75-80% off the ATH.


'Miracle 2013 style double top'

We ran out of new suckers, that is why the price stopped going up. Double top would need:

-New even larger wave of speculators. Coinbase was the #1 app, on TV every night, major exchanges in all countries with rich speculators. The next level up requires infrastructure that is years away at best
-Belief that 100k is possible. No one will pay 20 unless they think someone will pay 40, 40 buyer needs to believe in 80 buyer coming etc. A drop to 6k erodes this
-All the stuck bagholders have to get even or accept their losses, this places a huge ask capping any rallies
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March 13, 2018, 12:54:01 AM

Is it just me or is the mood in here turning very #CRAEFULGANG?

Craefulgang, you wouldn't wanna spill your Covfefe

Who has summoned me?
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March 13, 2018, 12:58:09 AM
Last edit: March 13, 2018, 01:12:13 AM by d_eddie

I was thinking in the specific sense of having to pay a fee in Bitcoin. Possibly as a substitute for POW.  I have not given it any real thought and it’s possibly full of holes, such as Sybil attacks.
Sybils willing to pay in bitcoin are OK, depending on the price:

Code:

(price < reward) ? NO_WAY                                                       # cheapskate!
(reward < price < reward + fees) ? likely_ok(reward, fees, shillprice) # fees almost free for everyone, I'm a shill!
(reward < reward + fees < price) ? likely_ok(reward, fees, shillprice) # a lottery? negative fees?


A funky alt, possibly.
Might have an actual use case, even if right now I couldn't figure one for the life of me.
Democratizing down the price of on-chain fees once rewards are hardly relevant?
Such a funkcoin might as well exist already, for all I know.
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March 13, 2018, 01:02:22 AM
Merited by BobLawblaw (1)

What was your thesis for a March pump?

'Standard View'

BTC ran up 10,000%, a massive multi-year correction is then absolutely necessary. Given the increase in infrastructure and adoption the most likely effect is a shallower, longer winter. (The more something represents the entire system the slower it moves, economies move in decades long cycles, BTC could have month long cycles starting out. Lows around -75-80% off the ATH.


'Miracle 2013 style double top'

We ran out of new suckers, that is why the price stopped going up. Double top would need:

-New even larger wave of speculators. Coinbase was the #1 app, on TV every night, major exchanges in all countries with rich speculators. The next level up requires infrastructure that is years away at best
-Belief that 100k is possible. No one will pay 20 unless they think someone will pay 40, 40 buyer needs to believe in 80 buyer coming etc. A drop to 6k erodes this
-All the stuck bagholders have to get even or accept their losses, this places a huge ask capping any rallies

Honestly. I know this sounds stupid but intuition. I have been staring at bitcoin charts for 8 years now. It made a very solid looking bottom with very reasonable growth coming out of that bottom, a healthy and calm retracement down to about half of that run up then further upside that broke out past the last high. It's just what bitcoin charts have looked like to me when the bottom was in in the past. It looked like textbook - people are done freaking out so therefore we can resume the more general trend that is up. And ultimately I am a bull long term. So when ever people stop freaking out and cool their heads after a mania bitcoin tends to resume the general multi year bull trend.

I hope that made some sort of sense.
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