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Question: Closing BTC Price June 17:
$0 - 4 (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 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21229056 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.)
micgoossens
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February 04, 2019, 06:24:36 PM

If Bitcoin is a new form of life:
* Electricity is its food
* The Internet is its circulatory system
* Miners are its hearts
* Blocks are the heartbeats
* Full nodes are the white blood cells
* Human participants are the brain cells

https://twitter.com/lopp/status/1092485253636055040?s=21
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micgoossens
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February 04, 2019, 06:27:50 PM
Merited by goldkingcoiner (3)

via Imgflip Meme Generator

https://twitter.com/redditbtc/status/1092481441097748480?s=21
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February 04, 2019, 06:39:10 PM

What do you guys think of the avatar I made for my ICO?
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February 04, 2019, 06:48:28 PM

Man, this thread has gone quiet. I guess it just relects the bitcoin price atm - dull with not much movement.
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February 04, 2019, 06:52:29 PM
Merited by criptix (1), Arriemoller (1), machasm (1)

What do you guys think of the avatar I made for my ICO?

ICO's are gayer than Rick and Myself, and more lame than Stephen Hawking without his wheel-chair.
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February 04, 2019, 06:53:59 PM
Merited by BobLawblaw (1)

What do you guys think of the avatar I made for my ICO?

Brave fellow to be asking that in here....

.... more lame than Stephen Hawking without his wheel-chair.

I'd say fairly lame even with his wheelchair... seeing how he's dead....
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How much alt coin diversification is needed? 0%?


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February 04, 2019, 07:10:50 PM


Yes.  1% has been a conservative recommendation that a lot of BTC HODLers have been suggesting to nocoiners for years, whether the BTC price is up or down.

Of course, each of us BTC HODLers have had differing approaches, and differing ways to present what we believe to be prudent BTC HODLing, accumulating and investing.  Personally, I have suggested a range of prudence for BTC percentage to be targeted between 1% and 10%.  Of course, there are BTC HODLers who have been more aggressive in their personal approach by allocating much higher amounts towards BT , which, historically, has large paid off as long as such more aggressive persons have been able to HODL through decently long periods of bear markets (which can certainly be trying), and surely, such more aggressive approaches would not necessarily pay off if a decent amount of fiat cashflow and expenses (including possible emergencies, which are nearly inevitable to happen over long periods) are not accounted for over such longer possible bear market (BTC price correction) periods.

Even though past performance do not guarantee future results, I think that if any of us BTC HODLers are speaking with nocoiners, we can continue to confidently recommend 1% to 10% BTC allocations as continuing to be prudent, while at the same time attempting to make clear that each person has to take responsibility for their own BTC allocation decision(s) because no investment is risk free, even though BTC continues to seem like a nobrainer to a lot of us who have studied the space in recent years and decided to take a decent stake into what we believe to be its likely future success.
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February 04, 2019, 07:14:09 PM

... You know... I'm near certain I have rationalized - in my strangely-warped mind - that I'm OK with wiping Satoshi's Place with some friendly WO Thread-related messaging, just entirely for the lulz, on the first day of a new month ...

Kinda fun. Never wiped the board before.


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February 04, 2019, 07:26:36 PM

What do you guys think of the avatar I made for my ICO?

the pen should move faster otherwise people to easily will find out the whole thing won't work.
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February 04, 2019, 07:28:49 PM

What do you guys think of the avatar I made for my ICO?

the pen should move faster otherwise people to easily will find out the whole thing won't work.

Slower? I made it slower.

Also not a pen but a 3-D printer.... Give me some slack, yesterday I did not know how to summon dark magic moving pngs...
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February 04, 2019, 07:29:14 PM

I am a little bothered by the way some bitcoin folks have perverted the original statement that really came from Ronald Reagan, which was "trust but verify."  The current bitcoin maximalist statement that is circulating around, including coming frequently out of the mouth of Max Hillerand is "don't trust verify," which to me says something quite different from the "original": "trust but verify."
Either of them work, essentially you can trust that the transaction has been sent but verify it for proof.

Yes.  Agreed.  If any BTC transaction is relatively small, such as a coffee, and even perhaps decently small retail transactions of less than $50, there might be some confidence to NOT rely upon any confirmation before allowing the transaction to take place without necessarily knowing the BTC sender.  On the other hand, a lot of merchants, and I changed my practice in this regard too, wait for at least 1 confirmation if the transaction is hundreds of dollars or more. Of course, if you are transacting with several thousand dollars (maybe $10k or more, depending on risk tolerance), and an unknown person, then waiting for 3 to 6 confirmations would give the greatest assurance before releasing the non-BTC end of the transaction.

In other words, when dealing with strangers, the higher the stake the more incentive for the other person to cheat, but most regular people do not cheat on a regular basis, but some regular people still might end up cheating (and not do the right thing) if they were accidentally left with a windfall situation that causes them to receive a decent amount of possibly untraceable and irreversible value.  Some people will not do the right thing, even though they may have never been left in such a power position to test how they would react.

I have one personal Localbitcoins story, in this regard.  About a year ago, maybe a little less than a year ago, I had conducted a cash transaction for about half of a bitcoin around $7k.  For some reason, I had miscalculated and gave the person $600 more than what was the current price (So in that situation I gave the person $3,800 rather than $3,200 - something like that). 

I caught the mistake about 10 minutes after the transaction, and after the person already had left the transaction location with the extra $600 that I had given to him.  Neither of us had intended such a situation, he acknowledged the mistake, and after I repeatedly texted him, and even offered to go to his location to retrieve the $600, he did not do the right thing of returning the $600 to me. 

He also began to call me names in what seemed to be a kind of rationalization for him to keep the $600.  Anyhow, I consider that person to have been a regular person, and even that he had rationalized in his own head that he was correct to keep the extra $600 that I had given to him (windfall), but I still believe (my assumption that people who you meet in person are usually honest) only a minority of people would have kept the $600 in that particular situation... but the real test remains getting into the situation, and test of character about whether you personally do the right thing when given an opportunity to nearly anonymously profit.
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February 04, 2019, 07:30:17 PM

What do you guys think of the avatar I made for my ICO?

the pen should move faster otherwise people to easily will find out the whole thing won't work.

Slower? I made it slower.

Also not a pen but a 3-D printer.... Give me some slack, yesterday I did not know how to summon dark magic moving pngs...

bro, faster! I told you so.
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February 04, 2019, 07:30:42 PM

... You know... I'm near certain I have rationalized - in my strangely-warped mind - that I'm OK with wiping Satoshi's Place with some friendly WO Thread-related messaging, just entirely for the lulz, on the first day of a new month ...

Kinda fun. Never wiped the board before.



I'm waiting for Banksy to show up there...
then copy pasta before its erased.
I'll make a $million....
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February 04, 2019, 07:33:43 PM
Merited by JayJuanGee (1)

Transactions per day back to November 2017 levels.

https://bitcoinvisuals.com/chain-tx-day
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February 04, 2019, 07:38:45 PM

Transactions per day back to November 2017 levels.

https://bitcoinvisuals.com/chain-tx-day

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February 04, 2019, 07:47:04 PM

Yay After well over a year and a half I have finally got my original account back after it was hacked.
Thanks to Last of the V8s for the reminder that accounts were being restored.
Any chance of a hat xhomer?
I don’t have an avatar and trust to your creative skills.
I also now have some merits I can start sending.
Hooray.

Ahah welcome back then.

Was it difficult now that there is a new process out?

Anyway send him a pm with a pic and he'll work wonders I'm sure Wink

Well I had originally staked my account using a BTC signature and provided that as proof of ownership. I received an email after a couple of days explaining that I would have to wait another week before I received an email to reset my password.
A week later and here I am.

Great!!!!  Welcome back, machasm.    I had lost my account twice in late 2016, and each time, I had realized the value of my original account, even though I had not really appreciated such value and such possible loss of value before I lost access to it. 

The first time was resolved in about a week with the help of Cyrus and Lauda, and due to a hack, and the second time was due to my own logging-in mistake, but took about a month to resolve directly through theymos (likely Lauda assisted with that one too, though she claims to have had no influence at that time.. hahahahaha).  Go figure regarding the quicker resolution process when a hack versus my own logging in mistake.  By the way, my logging in mistake was to attempt to use the auto password recovery feature, and theymos later told me (through text I believe) that all account get banned when they use that auto password recovery feature.  Go figure, again.   Wink
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February 04, 2019, 07:55:04 PM


I would choose #7 and #9 pills, because using Satoshi's intellect i could earn much more than just reversing to the past and selling my Coin or creating HardFork every Nov 15. And I choose Blockchain Bitcoin because I believe it will work the longest between all Blockchains that exist now because it is supported even in the space by Blockstream Satellite service. I would upgrade Blockchain Bitcoin, make the world around me better and use my intellect to improve my financial situation and people's life in general Cool
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February 04, 2019, 07:56:59 PM

Forgive me if this has been posted already but I thought it was pretty heckin' cool.



it is not a fair comparison to compare a brand new asset to relatively mature assets...

In terms of bitcoin, probably starting in 2013 or thereafter would be more fair, although I expect that bitcoin is going to continue to experience an outrageous exponential s-curve adoption in the coming years.
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February 04, 2019, 08:01:23 PM



9 and 7. Intellect means a lot more to me than physique.

What would I do? I'd solo mine my own blockchain to ensure my immortality.
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February 04, 2019, 08:08:42 PM

Bitcoin has never been difficult to use, scan QR code to send, show qr to receive.

Even though we might not need to know all of the Bitcoin underpinnings, there are a lot of possible levels of complication in bitcoin, including a variety of interfaces that vary in degree of complication - and even questionable security that involves more value at risk to screw up a bitcoin transaction as compared with e-mail.
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