Bitcoin Forum
June 17, 2019, 10:11:04 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: Closing BTC Price June 17:
$0 - 3 (2.3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.6%)
$7,501-$7,750 - 4 (3.1%)
$7,751-$8,000 - 12 (9.2%)
$8,001-$8,250 - 13 (9.9%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.6%)
$8,751-$9,000 - 11 (8.4%)
$9,001,$9,250 - 13 (9.9%)
$9,251-$9,500 - 17 (13%)
>$9,500 - 17 (13%)
$20,000 - 9 (6.9%)
Total Voters: 131

Pages: « 1 ... 19967 19968 19969 19970 19971 19972 19973 19974 19975 19976 19977 19978 19979 19980 19981 19982 19983 19984 19985 19986 19987 19988 19989 19990 19991 19992 19993 19994 19995 19996 19997 19998 19999 20000 20001 20002 20003 20004 20005 20006 20007 20008 20009 20010 20011 20012 20013 20014 20015 20016 [20017] 20018 20019 20020 20021 20022 20023 20024 20025 20026 20027 20028 20029 20030 20031 20032 20033 20034 20035 20036 20037 20038 20039 20040 20041 20042 20043 20044 20045 20046 20047 20048 20049 20050 20051 20052 20053 20054 20055 20056 20057 20058 20059 20060 20061 20062 20063 20064 20065 20066 20067 ... 24222 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21225672 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. (64 posts by 15 users deleted.)
realr0ach
Sr. Member
****
Online Online

Activity: 672
Merit: 296


#TheGoyimKnow


View Profile
March 27, 2018, 01:21:11 AM
Last edit: March 27, 2018, 01:40:26 AM by realr0ach

The bottom is when...it can't go any lower.  As shown by Zimbabwe and Venezeula, the bottom of fiat is zero.  The ancient Greeks are all gone, but their money didn't go anywhere, hence a bottom much higher than zero.  Bitcoin, on the other hand, has no such redeeming qualities, and it's bottom is the same as fiat - zero.



Offcourse This is how iT works When the mind isn’t evolved with the time Where we are linving in...... When intelligence reaches the bottom, its not possible to see the more advanced and decentralized future we are entering these days
 Grin

You should stop lying.  Spamming lies does not make them true.  You can spam the word "decentralized" all you want like some type of late night infomercial conman, but that does not make it so.  All cryptocurrency are designed to centralize through either economy of scale, compound interest, or other means.  It is not possible to create a decentralized cryptocurrency.  The only way would be to use unprofitable PoW just like email PoW, but unprofitable PoW is an unworkable solution in practice and requires forced convergence.

A blockchain is not some type of magical 8th wonder of the world.  All it is is a ledger that requires a focal point for convergence.  The focal point is always something like stake, raw hash power expenditure (which is nothing more than externalized stake in practice), or some other variable that can be quantified where I can say that I have more of it than you do.  Where exactly do you see "decentralization" arising from such a paradigm?  You would need to be a fool to think so.

The only way such an idea would not be laughable at face value is if everyone who uses the system was required to be a miner, but that's obviously not possible due to massive monetary and intellectual capital required in creating chip foundries and the fact people can corner said technology and not share it.  Even if you could design it that way, the Pareto principle would still destroy it decentralization-wise anyway.  It's 100% not possible to create a decentralized digital currency.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1560809464
Hero Member
*
Offline Offline

Posts: 1560809464

View Profile Personal Message (Offline)

Ignore
1560809464
Reply with quote  #2

1560809464
Report to moderator
1560809464
Hero Member
*
Offline Offline

Posts: 1560809464

View Profile Personal Message (Offline)

Ignore
1560809464
Reply with quote  #2

1560809464
Report to moderator
1560809464
Hero Member
*
Offline Offline

Posts: 1560809464

View Profile Personal Message (Offline)

Ignore
1560809464
Reply with quote  #2

1560809464
Report to moderator
gentlemand
Legendary
*
Online Online

Activity: 2030
Merit: 1739


Baby Blue Panties


View Profile
March 27, 2018, 01:24:02 AM

Fucking Bitcorn. Last week of the quarter, and no fucking way I'm selling 4 digit USD Bitcorns.

Here's hoping for a miracle over the next 4 days, folks.

British people have a little longer.... anyone selling before April 6th will need to pay their capital gains tax in January 2019. If they sell after April 6th, they won’t need to pay the CGT until January 2020. Some people will split their sales between the two dates because if they sell too many (pushing them into a higher tax rate) they will be liable for 28% tax instead of 20%.

https://www.gov.uk/guidance/pay-the-tax-you-owe-on-a-capital-gain-straight-away

(Title is misleading.... straight away... No!)

28% is for property only. 20% is the max for all other thingies.
Last of the V8s
Legendary
*
Online Online

Activity: 1162
Merit: 2206


Be a bank.


View Profile
March 27, 2018, 01:26:47 AM

https://www.europol.europa.eu/newsroom/news/mastermind-behind-eur-1-billion-cyber-bank-robbery-arrested-in-spain
http://qntra.net/2018/03/europol-arrests-unnamed-man-for-politely-persuading-eurobanks-to-part-with-cash/
infofront
Legendary
*
Offline Offline

Activity: 1680
Merit: 1717


Shitcoin Minimalist


View Profile
March 27, 2018, 01:32:21 AM

This guy's chart has been killin' it the last few days:





https://www.tradingview.com/chart/BTCUSD/OHlO0FS4-Fractals-gonna-fractal-To-11-7k-updated/
infofront
Legendary
*
Offline Offline

Activity: 1680
Merit: 1717


Shitcoin Minimalist


View Profile
March 27, 2018, 01:38:04 AM
Merited by jbreher (1)

We're close to the bottom

How often has the bottom now been called and got broken?

He who looks into the abyss realizes that there’s nothin' looking back at him and the only thing he sees is his own character, Lost-mein-schtuffen. You understand? Bud? The abyss? The #ShitAbyss?

That sounds like the time I stared at my bunghole in the mirror.


A blockchain is not some type of magical 8th wonder of the world.  All it is is a ledger that requires a focal point for convergence.

"The printing press isn't some magical wonder of the world. It just applies ink to paper."
gentlemand
Legendary
*
Online Online

Activity: 2030
Merit: 1739


Baby Blue Panties


View Profile
March 27, 2018, 01:42:58 AM

That sounds like the time I stared at my bunghole in the mirror.

I've been considering installing a Gopro in my toilet bowl as there are some very strange things going on down there, down there on me, not the toilet itself. I might wait for 8K though just to really pinpoint the exact problem.
Biro Bob
Full Member
***
Offline Offline

Activity: 265
Merit: 138



View Profile
March 27, 2018, 01:56:20 AM

Fucking Bitcorn. Last week of the quarter, and no fucking way I'm selling 4 digit USD Bitcorns.

Here's hoping for a miracle over the next 4 days, folks.

British people have a little longer.... anyone selling before April 6th will need to pay their capital gains tax in January 2019. If they sell after April 6th, they won’t need to pay the CGT until January 2020. Some people will split their sales between the two dates because if they sell too many (pushing them into a higher tax rate) they will be liable for 28% tax instead of 20%.

https://www.gov.uk/guidance/pay-the-tax-you-owe-on-a-capital-gain-straight-away

(Title is misleading.... straight away... No!)

28% is for property only. 20% is the max for all other thingies.

You are indeed correct. I was confusing the 10% and 20% rate between lower and higher rate.

It is still worth splitting sells between now and after April 6th in order to take advantage of two lots of £11k tax free allowances and the benefit of not paying until 2020.
realr0ach
Sr. Member
****
Online Online

Activity: 672
Merit: 296


#TheGoyimKnow


View Profile
March 27, 2018, 01:56:33 AM

A blockchain is not some type of magical 8th wonder of the world.  All it is is a ledger that requires a focal point for convergence.

"The printing press isn't some magical wonder of the world. It just applies ink to paper."

The printing press works as advertised; bitcoin does not.  I already typed why:

You can spam the word "decentralized" all you want like some type of late night infomercial conman, but that does not make it so.  All cryptocurrency are designed to centralize through either economy of scale, compound interest, or other means.  It is not possible to create a decentralized cryptocurrency.  The only way would be to use unprofitable PoW just like email PoW, but unprofitable PoW is an unworkable solution in practice and requires forced convergence.

A blockchain is not some type of magical 8th wonder of the world.  All it is is a ledger that requires a focal point for convergence.  The focal point is always something like stake, raw hash power expenditure (which is nothing more than externalized stake in practice), or some other variable that can be quantified where I can say that I have more of it than you do.  Where exactly do you see "decentralization" arising from such a paradigm?  You would need to be a fool to think so.

The only way such an idea would not be laughable at face value is if everyone who uses the system was required to be a miner, but that's obviously not possible due to massive monetary and intellectual capital required in creating chip foundries and the fact people can corner said technology and not share it.  Even if you could design it that way, the Pareto principle would still destroy it decentralization-wise anyway.  It's 100% not possible to create a decentralized digital currency.
gentlemand
Legendary
*
Online Online

Activity: 2030
Merit: 1739


Baby Blue Panties


View Profile
March 27, 2018, 01:58:22 AM

You are indeed correct. I was confusing the 10% and 20% rate between lower and higher rate.

It is still worth splitting sells between now and after April 6th in order to take advantage of two lots of £11k tax free allowances and the benefit of not paying until 2020.


Nah. I encourage everyone to do what I do which is to burn your post and ideally not have an address to send it to.
drays
Legendary
*
Offline Offline

Activity: 1582
Merit: 1021


View Profile
March 27, 2018, 02:00:49 AM
Last edit: March 27, 2018, 02:39:56 AM by drays

That sounds like the time I stared at my bunghole in the mirror.

I've been considering installing a Gopro in my toilet bowl as there are some very strange things going on down there, down there on me, not the toilet itself. I might wait for 8K though just to really pinpoint the exact problem.

Heh, just noticed "Gopro" sounds almost exactly like "copro"...  Shocked
After reading your post I wonder if its just a coincidence??

Amazing to see the diversity of topics inspired by crypto, and specially by the current market movements...  Grin
Torque
Legendary
*
Offline Offline

Activity: 1820
Merit: 1496



View Profile
March 27, 2018, 02:01:27 AM

In physical silver we trust



Why do you think that is?

I've got a piece of a theory: silver has moved heavily into industrial usage such as electronics, phones, military, etc. and the Powers That Be want to keep it cheap as possible forever.

Incidentally and despite our resident roach shill, I've been accumulating some for sure.
gentlemand
Legendary
*
Online Online

Activity: 2030
Merit: 1739


Baby Blue Panties


View Profile
March 27, 2018, 02:03:25 AM

Huh, your post made me notice "Gopro" sounds almost exactly like "copro"...  Shocked
Is it just a coincidence??  Huh

Hey, you just opened up a whole new market and crypto opens the door to Chinese tech and plagarism plus Japan's global lead in toilet technology to draw on.

You should also open a Twitch-style live streaming channel broadcasting from the bottom of toilets around the world.
pacman7331
Member
**
Offline Offline

Activity: 476
Merit: 66

Colletrix - Bridging the Physical and Virtual Worl


View Profile
March 27, 2018, 02:13:34 AM
Last edit: March 27, 2018, 02:49:20 AM by pacman7331

Whale Pump and dump 3 hours apart.



I swear we need a Captain Ahab altcoin.

 Angry
realr0ach
Sr. Member
****
Online Online

Activity: 672
Merit: 296


#TheGoyimKnow


View Profile
March 27, 2018, 02:20:48 AM

In physical silver we trust



Why do you think that is?

I've got a piece of a theory: silver has moved heavily into industrial usage such as electronics, phones, military, etc. and the Powers That Be want to keep it cheap as possible forever.

Incidentally and despite our resident roach shill, I've been accumulating some for sure.

It's generally believed the price is rigged on the commercial side, so it's kind of irrelevant what the spec position is.  What's more interesting is that paper volume the last year or two is something like 50% higher than when silver was at $50.  Peak volume tends to occur around peak price, so that's how absurdly rigged and ready to blow up this market is when you have sustained, enormous volume at the trough and nothing happening with price.  Price should already be like $75+ even within their rigged system!  Comex is also forwarding contracts to London and in a state of technical default.

Another interesting fact is the molybdenum price (the best ingriedient for attempting to fake silver just like tungsten for gold) just took off like a rocket.  It may have absolutely no correlation with govts/ETFs attempting to make fake 1000 oz silver bars, but still, kinda suspicious.  It doesn't really affect any real metal stackers since I can tell a real or fake 10 oz bar or 1 oz coin just by ear.  The fakes they're attempting to pass would be in 100-1000 oz bars held by govts and ETFs.

RayX12
Hero Member
*****
Offline Offline

Activity: 924
Merit: 552


View Profile
March 27, 2018, 02:30:16 AM

Asholes from Wallstreet are playing with BTC.


bitserve
Hero Member
*****
Online Online

Activity: 868
Merit: 750


HODL.


View Profile
March 27, 2018, 02:31:40 AM

This price action is breaking my nerves.
Anon136
Legendary
*
Offline Offline

Activity: 1666
Merit: 1211



View Profile
March 27, 2018, 02:33:30 AM

Incidentally and despite our resident roach shill, I've been accumulating some for sure.

It's truely amazing how much silver you can buy with a little bit of bitcoin. When I first got started in this in 2011 it was all about the precious metals but I hedged a little by taking like 10% of my PM net worth and putting it into crypto. Since you know they were competing for the same market and crypto tech was so novel and interesting. Now the amount of silver I can get with my bitcoin now is beyond my wildest dreams of the time. THANK YOU BITCOIN!
pacman7331
Member
**
Offline Offline

Activity: 476
Merit: 66

Colletrix - Bridging the Physical and Virtual Worl


View Profile
March 27, 2018, 02:35:41 AM

Holy shit looks like the Death Cross is possibly being averted!



 Kiss
Lontonbit
Full Member
***
Offline Offline

Activity: 378
Merit: 108



View Profile
March 27, 2018, 02:39:09 AM

I love how the whales are playing pump and dump, aren't they adorable
realr0ach
Sr. Member
****
Online Online

Activity: 672
Merit: 296


#TheGoyimKnow


View Profile
March 27, 2018, 02:40:21 AM
Last edit: March 27, 2018, 02:58:14 AM by realr0ach

Interesting, I just noticed not only was the Florida school shooter Jewish, but the Columbine school shooter as well.  Maybe instead of banning guns, we should just ban Jews?

Pages: « 1 ... 19967 19968 19969 19970 19971 19972 19973 19974 19975 19976 19977 19978 19979 19980 19981 19982 19983 19984 19985 19986 19987 19988 19989 19990 19991 19992 19993 19994 19995 19996 19997 19998 19999 20000 20001 20002 20003 20004 20005 20006 20007 20008 20009 20010 20011 20012 20013 20014 20015 20016 [20017] 20018 20019 20020 20021 20022 20023 20024 20025 20026 20027 20028 20029 20030 20031 20032 20033 20034 20035 20036 20037 20038 20039 20040 20041 20042 20043 20044 20045 20046 20047 20048 20049 20050 20051 20052 20053 20054 20055 20056 20057 20058 20059 20060 20061 20062 20063 20064 20065 20066 20067 ... 24222 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!