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Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22426581 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. (148 posts by 37 users deleted.)
Elwar
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May 26, 2018, 10:40:42 AM

The great thing is, if you believe liberals* who say that natural monopolies form when the free market is left unregulated...that means Bitcoin will eventually become a monopoly and no alt coins will ever again be created.

Come on communist economics! Kick in already!


*for those outside the US, liberal in the US actually means communist
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aaroque2003
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May 26, 2018, 12:03:52 PM

The great thing is, if you believe liberals* who say that natural monopolies form when the free market is left unregulated...that means Bitcoin will eventually become a monopoly and no alt coins will ever again be created.

Come on communist economics! Kick in already!


*for those outside the US, liberal in the US actually means communist

EXCELLENT Comment.. LOL..!!!
Jacques_Bittard
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May 26, 2018, 12:08:40 PM

During bull markets, I always sell on the weekend dump. And during bear barkets, I always buy on the weekend pump. Very simplistic, but works for years already. Cheers guys! I'm drunk again, but we're experiencing a really good weather in this summer for our nordic little country Smiley
kingcolex
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May 26, 2018, 12:25:55 PM

Screw it. I'm buying moar.

There might be some guys in this thread willing to sell to you..

Rosewater, kingcolex, and a few more
What gave you that idea? You see I bought in at $50 originally and the majority of my stash around $200 haven't sold anything serious at all (except one coin to pay taxes last year) the half coin idea was to say that even if this all went to shit I made a bit of cash.
Ludwig Von
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May 26, 2018, 02:20:56 PM

*belgium 28°

If I'm ever out that way with Rick, I'll have to look you up and say "Hi".

I hear you guys have great chocolate over there.

Have a great weekend !

And beer Bob. !
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May 26, 2018, 02:40:02 PM


It wasn't only the drop. The original rise was also due to "price manipulation" in the first place.

I think when you have a unregulated market where the price is going up rapidly from 6K to 19K, there is bound to be some price manipulation going on there as well from big whales / investors behind the scene. 

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May 26, 2018, 03:18:49 PM



I dont know why, but i kinda like this quote   Embarrassed
El duderino_
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May 26, 2018, 03:23:18 PM

*belgium 28°

If I'm ever out that way with Rick, I'll have to look you up and say "Hi".

I hear you guys have great chocolate over there.

Have a great weekend !

if your in belgium no problem at all....

and sure we do  Grin it ain't not bad at all down here





El duderino_
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May 26, 2018, 03:23:57 PM

*belgium 28°

If I'm ever out that way with Rick, I'll have to look you up and say "Hi".

I hear you guys have great chocolate over there.

Have a great weekend !

And beer Bob. !

indeed , only i'm not to big of a beer drinker
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May 26, 2018, 03:37:08 PM
Last edit: May 26, 2018, 03:58:02 PM by buyandhold

https://www.seattletimes.com/business/bitcoin-backlash-as-miners-suck-up-electricity-stress-power-grids-in-central-washington/
too much javascript;dr https://archive.is/2fa55
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May 26, 2018, 03:47:05 PM

Cant seriously see any business complaining about too much sales? fishy shit


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May 26, 2018, 03:56:50 PM

Okey so whats next???


Were gonne drop to €3k???

thinking BTC is just testing the doug polk 10K bet

I haven't seen anything from DPolk, recently, but I would imagine that he must be getting a bit nervous..... Tone Vays did have the better side of the bet in terms of being able to use the bet as leverage.. but it did seem that DPolk did make what seemed to be a reasonably decent bet in which odds seemed to be working pretty good for him.. and not so much now..

I seriously doubt Doug is the least bit nervous.  He is a pro, he knows his odds and is resigned to the outcome the fates deliver.

Also, he isn't exactly going hungry if he loses.

edit/ I see capslock beat me to it

Yeah.. cAPSLOCK beat you to it, and you also failed to acknowledge that I responded to him too, and I said that I was making a point about changes in the market in the last two weeks that makes the odds for going sub $6k to be greater than they were two weeks ago...

seems peep want to read too much into what I am saying and kind of whit knighting Dpolk... Hey, maybe Dpolk might say something himself about what he thinks about the changed odds and his feelings about such changed odds, if he is not a bot, too?

dougbot...I had not considered that...hmmmmmmmmm
jojo69
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May 26, 2018, 04:02:07 PM

Cant seriously see any business complaining about too much sales? fishy shit




no, it is a real thing, the miners have been abusing subsidies...and getting aggressive with utility crews. 

Chelan county has had it up to here and is probably going to tax the living shit out of them.
Elwar
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May 26, 2018, 04:47:31 PM

So...being involved in an ICO I get to peek behind the scenes to see how these things work.

One crazy thing I ran across is this whole telegram phenomenon. Apparently if you don't have at least 2k followers on telegram people automatically think your ICO is shit so they don't join, which means you don't get to 2k telegram followers which means when someone else comes they'll see you don't have a lot of followers so they don't follow...etc. and on and on.

So these ICOs have to shell out promises of a portion of their crypto to these bounty programs. Basically all of the shit signature campaigns you see, all of those people join your telegram channel, create very shitty youtube videos so that they can say they created content (I went to one of these videos, the guy went to the web page and video taped him scrolling down the page...with some background music...two different videos created doing that same thing).

So...they fill up telegram with a shit ton of bounty program people who probably don't give one shit about your ICO, they're on every telegram channel probably with 10 different accounts. So now you have 2k followers but everyone knows that those are mostly just bounty program people so you should really have 4k or 5k...or whatever.

It's all a bunch of crap. We jumped from 200-300 people on the telegram channel mostly organically from sending an e-mail out to people who expressed interest on the website and mainly just people getting the word out on their own. After the bounty program we shot up to 1.4k (plus we had a lot of news coverage this past week so it's not all bounty program). Some dude logged in today with some altcoin profile picture and asked "why so few members?". Because apparently we're not wasting as many coins on shit posters as other ICOs (is what I wanted to say...).

This whole telegram thing is pretty stupid, I have no idea why people think it is useful for an ICO. I remember using something like this in MUDs back in 1993, it was the gossip channel, and it was annoying then too. I just keep waiting for someone to chat: "level!"...."grats!"
buyandhold
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May 26, 2018, 04:53:57 PM

Nicholas Weaver hit piece http://www1.icsi.berkeley.edu/~nweaver/papers/cryptorisks.pdf contains nothing new.
Globb0
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May 26, 2018, 05:10:31 PM

So...being involved in an ICO I get to peek behind the scenes to see how these things work.

One crazy thing I ran across is this whole telegram phenomenon. Apparently if you don't have at least 2k followers on telegram people automatically think your ICO is shit so they don't join, which means you don't get to 2k telegram followers which means when someone else comes they'll see you don't have a lot of followers so they don't follow...etc. and on and on.

So these ICOs have to shell out promises of a portion of their crypto to these bounty programs. Basically all of the shit signature campaigns you see, all of those people join your telegram channel, create very shitty youtube videos so that they can say they created content (I went to one of these videos, the guy went to the web page and video taped him scrolling down the page...with some background music...two different videos created doing that same thing).

So...they fill up telegram with a shit ton of bounty program people who probably don't give one shit about your ICO, they're on every telegram channel probably with 10 different accounts. So now you have 2k followers but everyone knows that those are mostly just bounty program people so you should really have 4k or 5k...or whatever.

It's all a bunch of crap. We jumped from 200-300 people on the telegram channel mostly organically from sending an e-mail out to people who expressed interest on the website and mainly just people getting the word out on their own. After the bounty program we shot up to 1.4k (plus we had a lot of news coverage this past week so it's not all bounty program). Some dude logged in today with some altcoin profile picture and asked "why so few members?". Because apparently we're not wasting as many coins on shit posters as other ICOs (is what I wanted to say...).

This whole telegram thing is pretty stupid, I have no idea why people think it is useful for an ICO. I remember using something like this in MUDs back in 1993, it was the gossip channel, and it was annoying then too. I just keep waiting for someone to chat: "level!"...."grats!"

You generalise a lot there. I did 1 program and I did it all honestly and I liked the project so I'm staying involved.

Why is the telegram different from the old IRC channel? its just a place to get a quick answer?

Just don't judge everyone the same please.
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May 26, 2018, 05:15:47 PM

I see in this thread many posts that discuss bitcoin prices in a day, this indicates there are still many people who care about bitcoin. immediately reach $ 10k  Wink
jbreher
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May 26, 2018, 05:43:12 PM

Cant seriously see any business complaining about too much sales? fishy shit

no, it is a real thing, the miners have been abusing subsidies...and getting aggressive with utility crews.  

Chelan county has had it up to here and is probably going to tax the living shit out of them.

Well, the real problem is that they are refusing to set the price at the point where the supply curve and the demand curve intersect.

Oh - and the whole municipal monopoly thing.
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May 26, 2018, 06:06:01 PM

I clicked on the Alex Jones live show on youtube and there's this chat box on the right hand side of the screen scrolling by at 100 miles an hour and 1/2 of the comments are "nuke israel!".  It was amazing.
jojo69
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May 26, 2018, 06:07:49 PM

Cant seriously see any business complaining about too much sales? fishy shit

no, it is a real thing, the miners have been abusing subsidies...and getting aggressive with utility crews.  

Chelan county has had it up to here and is probably going to tax the living shit out of them.

Well, the real problem is that they are refusing to set the price at the point where the supply curve and the demand curve intersect.

Oh - and the whole municipal monopoly thing.

Not arguing with that.

The region had artificially low power rates in an effort to entice industry to locate there.  The miners moved in all wild west style and now the jurisdictions are realizing that crypto mining doesn't employ anyone.  The miners didn't make any friends with their confrontational antics and now the deal is going to be altered bringing power costs more in line with reality, either through rate increases or special taxation.

As far as the public sector monopoly, normally I would share your disdain but this one becomes sticky for me because I don't think I can get behind corporations owning rivers.
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