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Question: Closing BTC Price June 28:
$0 - 4 (2.9%)
<$7,000 - 4 (2.9%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.7%)
$8,500-$8,999 - 3 (2.2%)
$9,000-$9,499 - 4 (2.9%)
$9,500-$9,999 - 26 (19.1%)
$10,000-$10,499 - 23 (16.9%)
$10,500-10,999 - 12 (8.8%)
$11,000-$11,499 - 10 (7.4%)
$11,500-$12,000 - 8 (5.9%)
>$12,000 - 30 (22.1%)
>$20,000 - 11 (8.1%)
Total Voters: 136

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21239670 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. (66 posts by 16 users deleted.)
bones261
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April 21, 2018, 03:14:56 PM

Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Stop quoting fake news.  They aren't mining jack shit in space for a loooong time if ever because the cost of production would be enormous.  Your quote doesn't even pass an elementary common sense test when they talk about "mining water" in space.  We are not hard up enough for water where we need to spend $100,000 per gallon to mine it in space.  

Even if some company like this is actually created, it's just like one of those shale oil companies they have people can invest in but will never ever turn a profit.  Even if gold was revalued to $20,000 and silver to $1000 tomorrow, it would probably still not be doable or profitable.  They would also mine somewhere like the ocean floor or Antarctica long before doing something like this.

Wouldn't even simply mining deeper be far more economical than space ventures as well? Not sure why people always go for the asteroid mining to argue that we can have a plentiful supply of PMs. Compared to an asteroid, the Earth is magnitudes of orders bigger. We've barely pecked the surface when it comes to mining.
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April 21, 2018, 03:26:23 PM

Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Stop quoting fake news.  They aren't mining jack shit in space for a loooong time if ever because the cost of production would be enormous.  Your quote doesn't even pass an elementary common sense test when they talk about "mining water" in space.  We are not hard up enough for water where we need to spend $100,000 per gallon to mine it in space.  

Even if some company like this is actually created, it's just like one of those shale oil companies they have people can invest in but will never ever turn a profit.  Even if gold was revalued to $20,000 and silver to $1000 tomorrow, it would probably still not be doable or profitable.  They would also mine somewhere like the ocean floor or Antarctica long before doing something like this.

Wouldn't even simply mining deeper be far more economical than space ventures as well? Not sure why people always go for the asteroid mining to argue that we can have a plentiful supply of PMs. Compared to an asteroid, the Earth is magnitudes of orders bigger. We've barely pecked the surface when it comes to mining.

Who knows where these bullshit stories originate from.  Way back before the last metals bull run, all of a sudden they had coordinated news stories everywhere calling metals "a barbarous relic", then they shortly went to the moon right after.  These asteroid mining fake news stories might be the new "barbarous relic" disinfo tactic for this commodity super cycle.
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April 21, 2018, 03:34:22 PM

Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Stop quoting fake news.  They aren't mining jack shit in space for a loooong time if ever because the cost of production would be enormous.  Your quote doesn't even pass an elementary common sense test when they talk about "mining water" in space.  We are not hard up enough for water where we need to spend $100,000 per gallon to mine it in space.  

Even if some company like this is actually created, it's just like one of those shale oil companies they have people can invest in but will never ever turn a profit.  Even if gold was revalued to $20,000 and silver to $1000 tomorrow, it would probably still not be doable or profitable.  They would also mine somewhere like the ocean floor or Antarctica long before doing something like this.


CNBC suggests Luxembourg is extending its tax haven status to potential space mining companies. It's creating favorable laws for them and making it easy to set them up there.

https://www.cnbc.com/2018/04/16/luxembourg-vies-to-become-the-silicon-valley-of-asteroid-mining.html

Quote
UC Berkeley assistant professor of economics Gabriel Zucman... said Luxembourg's strategy of creating laws and making room for asteroid mining companies "is what being an offshore financial center means. It's not diversification. It's just extending the logic of being a tax haven to a new area."

In other words, Luxembourg isn't necessarily jumping into modern technology with its support of space mining — it's just pushing into a new industry to extend the laws of a terrestrial tax haven, safeguarded by a sovereign nation, to the land of E.T.
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April 21, 2018, 03:38:36 PM

Good morning Bitcoinland.

I see we continued yesterday's rally all the way past $9k before having a nice little profit-taking/correction. Now we're on the rise again... currently $8835USD/$11284CAD (Bitcoinaverage).

Has the usual spring rally really started this time?
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April 21, 2018, 03:57:29 PM
Last edit: April 21, 2018, 04:45:26 PM by Torque

So at this point, it seems like a retest below the $6500 level would be extremely difficult to pull off. You can see that this is price point where the whales first came in hot and heavy pumping the market back in Nov.

I believe we go sideways from here for a while.

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April 21, 2018, 04:14:11 PM
Merited by d_eddie (1)

sideways with some volatility is fine with me

the J&J increment setups I have been running in BTC:LTC and BTC:ETH have been working pretty well lately
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April 21, 2018, 04:39:16 PM

I love Bitcoin, every time I sell some the price shoots up a few weeks later Smiley

Thanks for taking one for the team....  Wink

Karhu was pleased with his sacrifice.
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April 21, 2018, 05:56:03 PM

Good morning Bitcoinland.

I see we continued yesterday's rally all the way past $9k before having a nice little profit-taking/correction. Now we're on the rise again... currently $8835USD/$11284CAD (Bitcoinaverage).

Has the usual spring rally really started this time?

up UP ===> AND AWAYYYYYY  Grin Cheesy Wink  ~10k closeeeeee<<weeeee
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April 21, 2018, 06:38:35 PM
Merited by micgoossens (1)

My post about the forthcoming space "gold" rush is not indicative of a bias against precious metals. I think they will always have some value..especially unique coins or artwork. However..I think within a couple of decades it will be as valuable as dirt is planet side. Dirt itself will be more valuable to space based operations than pm's in the future due to the relatively high cost of moving mass up and down the gravity well. Just a random thought.

----------------------------------------------

Thank you to the gif wizard..you know who you are.


Bitcoin

Consolidation feels good. We are close to the local bottom imho. I was guesstimating $8.6k as a focal point but support is building in the $8.75k range however. I expect more weekend pump action as the evening progresses.



Mid to long term I am waiting to see if we acquire this fork. Support and resistance bands are clearly delineated for your viewing pleasure. #dyor

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April 21, 2018, 06:52:30 PM




I don't get it. Undecided
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April 21, 2018, 06:57:26 PM




I don't get it. Undecided

Such cryptic
Last of the V8s
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April 21, 2018, 07:03:31 PM


I don't get it. Undecided

Quote from: the Founder
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
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April 21, 2018, 07:19:18 PM

Must be something to do with Karhu. I think I missed a meme somewhere?



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April 21, 2018, 07:19:37 PM
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I love the hi-tech counterweight system. Is that what they call a blockchain?
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April 21, 2018, 07:29:14 PM

It's in Japan. At least there are no forks.


 Roll Eyes Lips sealed
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April 21, 2018, 08:12:48 PM

I did look but TIL there is not a single funny chopstick joke in the known world. Fact.
Chopcoin is so fun and amazingly addictive....  Despite of losing mostly, i enjoy the game. Wink Tongue
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April 21, 2018, 08:25:47 PM

It's in Japan. At least there are no forks.


 Roll Eyes Lips sealed

There are chorks (chopstick forks) though.






And there are also fork chops (chopsticks with a fork).

Robin,Hood
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April 21, 2018, 08:56:17 PM

No follow through those Bulls, weak as
bitserve
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April 21, 2018, 08:57:54 PM

It's in Japan. At least there are no forks.


 Roll Eyes Lips sealed

There are chorks (chopstick forks) though.






And there are also fork chops (chopsticks with a fork).



Ok.... can we at least agree that there is no spoon?
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April 21, 2018, 09:06:09 PM



meanwhile in other pantsuit on pantsuit non-news, coinbase banned wikileaks.
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