Bitcoin Forum
December 03, 2021, 08:04:07 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
No - 73 (62.9%)
Total Voters: 116

Pages: « 1 ... 21873 21874 21875 21876 21877 21878 21879 21880 21881 21882 21883 21884 21885 21886 21887 21888 21889 21890 21891 21892 21893 21894 21895 21896 21897 21898 21899 21900 21901 21902 21903 21904 21905 21906 21907 21908 21909 21910 21911 21912 21913 21914 21915 21916 21917 21918 21919 21920 21921 21922 [21923] 21924 21925 21926 21927 21928 21929 21930 21931 21932 21933 21934 21935 21936 21937 21938 21939 21940 21941 21942 21943 21944 21945 21946 21947 21948 21949 21950 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 21963 21964 21965 21966 21967 21968 21969 21970 21971 21972 21973 ... 29931 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25493770 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. (158 posts by 14 users with 9 merit deleted.)
Ludwig Von
Sr. Member
****
Offline Offline

Activity: 854
Merit: 307



View Profile
December 09, 2018, 09:39:47 PM

^ r0ach, can you explain me how Bob could have invited more than hundred pseudo anonymous people spread all over the world to a beer as he did a few days ago if it were not using Bitcoin?

All you're doing is supporting my previous statement that bitcoin's only current value prospect is regulatory arbitrage. It's currently easier to perform regulatory arbitrage using shitcoins than fiat dollars, although you could probably still do that with numerous other systems like Paypal or whatever anyway - bitcoin is just a little better at regulatory arbitrage than most others at the moment.  Shitcoins are worse at regulatory arbitrage than physical metals due to their built-in Orwellian tracking system though, you just have to be in the same proxity for the metals.  

But everyone knows bitcoin will be clamped down on hard until it's virtually the same as using fiat regulation-wise, except worse due to abolishing the 5th amendment with it's built-in tracking system.  Doing what Bob did is only a temporary feature used to bait and switch people into this tracking system garbage.  Transaction validators are designed to centralized in every single craptocurrency, so govt clamping down and regulating them, or completely controlling every aspect of them, is inevitable, and why you should never promote shitcoins over physical metals.

There are no centralized 'transaction validators' in physical metals for the govt to regulate, take over, and control as their new 1984 toy.  And before some Ethereum buffoon posts to use a different shitcoin, it's 100% impossible to create a decentralized digital currency.  Transaction validators will always be designed to centralize in every single one.

Until they come to your house and confiscate it. And eventually kill you in the process. Nothing is safe from powers that be.
1638518647
Hero Member
*
Offline Offline

Posts: 1638518647

View Profile Personal Message (Offline)

Ignore
1638518647
Reply with quote  #2

1638518647
Report to moderator
1638518647
Hero Member
*
Offline Offline

Posts: 1638518647

View Profile Personal Message (Offline)

Ignore
1638518647
Reply with quote  #2

1638518647
Report to moderator
1638518647
Hero Member
*
Offline Offline

Posts: 1638518647

View Profile Personal Message (Offline)

Ignore
1638518647
Reply with quote  #2

1638518647
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1638518647
Hero Member
*
Offline Offline

Posts: 1638518647

View Profile Personal Message (Offline)

Ignore
1638518647
Reply with quote  #2

1638518647
Report to moderator
realr0ach
Sr. Member
****
Offline Offline

Activity: 924
Merit: 311


#TheGoyimKnow


View Profile
December 09, 2018, 09:41:54 PM

^ r0ach, can you explain me how Bob could have invited more than hundred pseudo anonymous people spread all over the world to a beer as he did a few days ago if it were not using Bitcoin?

All you're doing is supporting my previous statement that bitcoin's only current value prospect is regulatory arbitrage. It's currently easier to perform regulatory arbitrage using shitcoins than fiat dollars, although you could probably still do that with numerous other systems like Paypal or whatever anyway - bitcoin is just a little better at regulatory arbitrage than most others at the moment.  Shitcoins are worse at regulatory arbitrage than physical metals due to their built-in Orwellian tracking system though, you just have to be in the same proxity for the metals.  

But everyone knows bitcoin will be clamped down on hard until it's virtually the same as using fiat regulation-wise, except worse due to abolishing the 5th amendment with it's built-in tracking system.  Doing what Bob did is only a temporary feature used to bait and switch people into this tracking system garbage.  Transaction validators are designed to centralized in every single craptocurrency, so govt clamping down and regulating them, or completely controlling every aspect of them, is inevitable, and why you should never promote shitcoins over physical metals.

There are no centralized 'transaction validators' in physical metals for the govt to regulate, take over, and control as their new 1984 toy.  And before some Ethereum buffoon posts to use a different shitcoin, it's 100% impossible to create a decentralized digital currency.  Transaction validators will always be designed to centralize in every single one.

Until they come to your house and confiscate it. And eventually kill you in the process. Nothing is safe from powers that be.

If the govt is inside your house killing you with weapons, I don't think shitcoins are going to be of much use.  Worst example ever of trying to fraudulently pretend shitcoins are better than metals.
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2646
Merit: 5717


One of the world's leading Bitcoin-powered casinos


View Profile
December 09, 2018, 09:44:04 PM

I don’t know.   But I am finished shorting this market cycle. I can no longer say with confidence that the bottom is not in.  It’s probably not, but I don’t think there is much left in it. Too many miners going broke, Consensys layoffs etc.   Risk/return is gone for me.

I didn’t think we would break upwards of $3450 but we did.  So I scaled out fairly quickly after that.

Going to start buying physical today.   Then will look at starting some low leverage longs next summer.  




+ 1 WO sMerit for HM.
I’m out atm!

Edit - Was just reading about a guy in Technical Support who got hacked for 1 million USD worth of crypto on his computer. He was chasing shit coin’s & downloaded a bogus wallet.

Maybe we should all stop moaning about the price when it goes down & realise we’re in a very fortunate position HODLING bitcoin’s.

One day this shit will all be worth it (keep your coin’s safe gentlemen).
Kylapoiss
Sr. Member
****
Offline Offline

Activity: 602
Merit: 275


I don't know where I'm going, but I'm going.


View Profile
December 09, 2018, 09:45:38 PM

I don’t know.   But I am finished shorting this market cycle. I can no longer say with confidence that the bottom is not in.  It’s probably not, but I don’t think there is much left in it. Too many miners going broke, Consensys layoffs etc.   Risk/return is gone for me.

I didn’t think we would break upwards of $3450 but we did.  So I scaled out fairly quickly after that.

Going to start buying physical today.   Then will look at starting some low leverage longs next summer.  




+ 1 WO sMerit for HM.
I’m out atm!

I covered this one for you mate.
bitserve
Legendary
*
Offline Offline

Activity: 1582
Merit: 1324


Self made HODLER ✓


View Profile
December 09, 2018, 09:45:48 PM

I don’t know.   But I am finished shorting this market cycle. I can no longer say with confidence that the bottom is not in.  It’s probably not, but I don’t think there is much left in it. Too many miners going broke, Consensys layoffs etc.   Risk/return is gone for me.

I didn’t think we would break upwards of $3450 but we did.  So I scaled out fairly quickly after that.

Going to start buying physical today.   Then will look at starting some low leverage longs next summer.  




+ 1 WO sMerit for HM.
I’m out atm!

Got your back, bro
Kylapoiss
Sr. Member
****
Offline Offline

Activity: 602
Merit: 275


I don't know where I'm going, but I'm going.


View Profile
December 09, 2018, 09:46:10 PM

Lol I was faster
bitserve
Legendary
*
Offline Offline

Activity: 1582
Merit: 1324


Self made HODLER ✓


View Profile
December 09, 2018, 09:46:32 PM

Lol I was faster

I was busy drinking you know Smiley
Kylapoiss
Sr. Member
****
Offline Offline

Activity: 602
Merit: 275


I don't know where I'm going, but I'm going.


View Profile
December 09, 2018, 09:47:00 PM

Lol I was faster

I was busy drinking you know Smiley

Apology accepted
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2646
Merit: 5717


One of the world's leading Bitcoin-powered casinos


View Profile
December 09, 2018, 09:47:59 PM

And thanks bitserve + Kylapoiss.

My guys!
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4390


Be a bank


View Profile
December 09, 2018, 09:48:12 PM


пoнятнo
Kylapoiss
Sr. Member
****
Offline Offline

Activity: 602
Merit: 275


I don't know where I'm going, but I'm going.


View Profile
December 09, 2018, 09:51:08 PM

V8 what happened, out of the hat cult?
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
December 09, 2018, 09:51:38 PM

Exhibit A in “the bottoms not in but it’s probably close enough so stop fucking around”

yefi
Legendary
*
Offline Offline

Activity: 2828
Merit: 1482



View Profile
December 09, 2018, 09:57:43 PM

And to be complete, we fry all that not in oil, but in the molten fat of oxes, if I say that right, means castrated bulls... .

Oxen are draught animals. Would expect the fat to be rendered from steers/bullocks instead which are raised for meat production.
jojo69
Legendary
*
Offline Offline

Activity: 2296
Merit: 3014


1/21000000 , the only math you need to know


View Profile
December 09, 2018, 10:04:06 PM

bitserve
Legendary
*
Offline Offline

Activity: 1582
Merit: 1324


Self made HODLER ✓


View Profile
December 09, 2018, 10:07:03 PM



Fuck, that picture is almost as depressing as Bitcoin graphs currently. That guy will grow into a mathafacka hodler for sure. He has already endured the pain.
gentlemand
Legendary
*
Offline Offline

Activity: 2576
Merit: 2968


Welt Am Draht


View Profile
December 09, 2018, 10:08:37 PM

Fuck, that picture is almost as depressing as Bitcoin graphs currently. That guy will grow into a mathafacka hodler for sure.

He might be staring at the bounteous bosoms of the hooker his auntie has laid on for him who has just emerged from his cake. Never judge by one single image.
El duderino_
Legendary
*
Offline Offline

Activity: 1624
Merit: 7270


Observing No-Coiners.


View Profile
December 09, 2018, 10:10:33 PM

F*** you to that red line
kurious
Legendary
*
Offline Offline

Activity: 2506
Merit: 1615



View Profile
December 09, 2018, 10:19:57 PM
Merited by Majormax (1)

Exhibit A in “the bottoms not in but it’s probably close enough so stop fucking around”



Hmm..  I have fiat ready, but I'm going to wait a little. I still reckon we have one more, possibly gut-wrenching dip to come and I don't see the real volume or definite support yet.  I will be happy to be wrong, but I'm keeping powder dry for now.
bitserve
Legendary
*
Offline Offline

Activity: 1582
Merit: 1324


Self made HODLER ✓


View Profile
December 09, 2018, 10:20:02 PM

https://www.cryptoglobe.com/latest/2018/12/f2pool-bitcoin-mining-difficulty-drop-lowers-asic-machines-shutdown-price-to-3260/

Quote
The founder of the prominent cryptocurrency mining pool F2Pool Mao Shixing has recently revealed the “shutdown price” for Antminer S9 ASIC machines mining BTC has now fallen to $3,260 after bitcoin’s difficulty drop.
Toxic2040
Legendary
*
Offline Offline

Activity: 1190
Merit: 2377



View Profile
December 09, 2018, 10:22:31 PM
Merited by cAPSLOCK (1)

Hello all.

As the week draws to a end we have had mixed trading with fairly active volumes. A couple of massive candles over the last 48 hours have taken bitcoin back above the $3.5k mark with sights set higher for the coming week.


Sleepy Dragon pokes head above cloud looking for ladder.
30m


Almost thru resistance as shorts continue to close. Strong hands will be needed thru the night.
1h


A strong move upwards and above resistance. Looks like a breakout starting?
4h


I am expecting this coming week to be pretty volatile with a mostly upwards and sideways tendency.
D

#dyor  #btd's
Pages: « 1 ... 21873 21874 21875 21876 21877 21878 21879 21880 21881 21882 21883 21884 21885 21886 21887 21888 21889 21890 21891 21892 21893 21894 21895 21896 21897 21898 21899 21900 21901 21902 21903 21904 21905 21906 21907 21908 21909 21910 21911 21912 21913 21914 21915 21916 21917 21918 21919 21920 21921 21922 [21923] 21924 21925 21926 21927 21928 21929 21930 21931 21932 21933 21934 21935 21936 21937 21938 21939 21940 21941 21942 21943 21944 21945 21946 21947 21948 21949 21950 21951 21952 21953 21954 21955 21956 21957 21958 21959 21960 21961 21962 21963 21964 21965 21966 21967 21968 21969 21970 21971 21972 21973 ... 29931 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!