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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
No - 73 (62.9%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25495504 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.)
Last of the V8s
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March 12, 2019, 02:31:07 PM

Jesus, Mary and Joseph
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March 12, 2019, 02:31:59 PM



Do a merit application Roll Eyes

errrm. I like the way I am. It's a burden to be a merit source. I see how the meta guys moan for good posts to merit LOL

Good night to you.
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March 12, 2019, 02:32:29 PM

Gold marketcap = 7.5 trillion
1 ounce = $1,200

Bitcoin marketcap = 0.069 trillion
1 BTC = $3,900
 
We're so early it's laughable.

https://twitter.com/alecziupsnys/status/1105469536013307904?s=21

Yeah thats true
So early so laughable Smiley


At the end of the day, the digital gold aka BTC, shall prevail. It's just a matter of time. We are still early adopters. Once BTC becomes widely accepted and used around the globe, then the true value will be reflected.
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March 12, 2019, 02:34:07 PM

Jesus, Mary and Joseph
Merry Christmas 😜
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March 12, 2019, 02:35:04 PM

1BTC will be worth over $100,000 within the next 5 years. $20,000 will look like cheap coin then. Stay calm & don’t panic, lots of us were looking at significant losses after the Gox crash. Bitcoin always recovers.
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March 12, 2019, 02:36:12 PM

Jesus, Mary and Joseph
Merry Christmas 😜
think all my xmases came at onc...
enuff info
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March 12, 2019, 02:38:34 PM

What is going on here LOL

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March 12, 2019, 02:40:38 PM
Merited by redsn0w (3), BitcoinGirl.Club (2), babo (1)

Gold marketcap = 7.5 trillion
1 ounce = $1,200

Bitcoin marketcap = 0.069 trillion
1 BTC = $3,900
 
We're so early it's laughable.

https://twitter.com/alecziupsnys/status/1105469536013307904?s=21

Yeah thats true
So early so laughable Smiley

Ok, I like this one and I did in the past.
Very conservative back of the envelope calculations.

Let's say Gold is the only Store of Value World Needs Today (not true, conservative).
Gold capitalisation is 7.5 Trillion.
Suppose Bitcoin Matches Gold as Store of Value (conservative, Bitcoin will be  better)
Each one of them would be worth 3.75 Trillions
There will eventually be 21 million Bitcoin  (conservative, 2140 is far in the future)
Each Bitcoin would then be worth roughly 180,000 USD. (conservative, USD is losing value constantly)

So, if you think Bitcoin  (aka Digital Gold) will match (physical) Gold as Store of Value, his terminal value will be 180,000 USD.
47x current valuation.

Hope this isn't getting devoured too early.
 




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March 12, 2019, 02:54:35 PM

^^ there you go. +2 😉
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March 12, 2019, 03:03:00 PM

we have the power to make the world what we want it to be and we should use that power.

Tell us why you are better off because the dodo and the passenger pigeon are extinct. Actually on second thought, don’t.  
Tell us why it makes you worse off. Except you can't. As usual.

https://en.m.wikipedia.org/wiki/Biodiversity_loss

Quote
Even though permanent global species loss is a more dramatic phenomenon than regional changes in species composition, even minor changes from a healthy stable state can have dramatic influence on the food web and the food chain insofar as reductions in only one species can adversely affect the entire chain (coextinction), leading to an overall reduction in biodiversity, possible alternative stable states of an ecosystem notwithstanding. Ecological effects of biodiversity are usually counteracted by its loss. Reduced biodiversity in particular leads to reduced ecosystem services and eventually poses an immediate danger for food security, also for humankind.[1]
In your own words, twat. This is about you personally as per your own play.
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March 12, 2019, 03:07:07 PM
Merited by JayJuanGee (1)

Ledger Discloses Five Reported Vulnerabilities in Two Models of Trezor Hardware Wallets

Major hardware wallets manufacturer Ledger has unveiled vulnerabilities in its direct competitor Trezor’s devices, according to a report published on Monday, March. 11.
As of press time, Trezor was not immediately available to comment on Ledger’s findings.


https://cointelegraph.com/news/ledger-discloses-five-reported-vulnerabilities-in-two-models-of-trezor-hardware-wallets


(I said it yesterday, every day a new shit...)

Seems that ledger's wallets are not secure either.
That's why I love paper wallets, especially if encrypted they are pretty hard to hack Smiley

Not good, at all. I don’t see why people don’t keep their coins on a paper wallet or on a machine with Bitcoin QT that’s used for nothing apart from storing bitcoin. This kind of shit happens all the time.

Relax guys, i don't see anyone dumping his Trezor...because it was just F.U.D  Undecided



https://blog.trezor.io/our-response-to-ledgers-mitbitcoinexpo-findings-194f1b0a97d4
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March 12, 2019, 03:12:54 PM

According to HuffPost, on average people spend about $650 on Alcohol every month.

That means if you cut your drinking habit by 50% and spent the money you saved on #Bitcoin, you could invest $325 or about .08 $BTC, at these prices, monthly.

In 12.5 months, you’d have 1 BTC.

💡

https://twitter.com/mrmichaelnye/status/1105227653257314304?s=21


But but what about me saturdayzzzz ??
Or... tuesdays. Today is a tuesday. And there is another day tomorrow!
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March 12, 2019, 03:42:53 PM

Ledger Discloses Five Reported Vulnerabilities in Two Models of Trezor Hardware Wallets

Major hardware wallets manufacturer Ledger has unveiled vulnerabilities in its direct competitor Trezor’s devices, according to a report published on Monday, March. 11.
As of press time, Trezor was not immediately available to comment on Ledger’s findings.


https://cointelegraph.com/news/ledger-discloses-five-reported-vulnerabilities-in-two-models-of-trezor-hardware-wallets


(I said it yesterday, every day a new shit...)

Seems that ledger's wallets are not secure either.
That's why I love paper wallets, especially if encrypted they are pretty hard to hack Smiley

Not good, at all. I don’t see why people don’t keep their coins on a paper wallet or on a machine with Bitcoin QT that’s used for nothing apart from storing bitcoin. This kind of shit happens all the time.

Relax guys, i don't see anyone dumping his Trezor...because it was just F.U.D  Undecided



https://blog.trezor.io/our-response-to-ledgers-mitbitcoinexpo-findings-194f1b0a97d4


Yes, Trezor responded diplomatically to Ledger. Cool
Ledger's publication yesterday is neither ethical nor elegant.
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March 12, 2019, 04:26:49 PM
Merited by 600watt (1)

Ledger has their own problems after users have reported losing XMR when sending using the Nano S with the Monero GUI. One person lost 1600 XMR still waiting to see if it can be recovered. ATM Ledger says OK to receive XMR but not to send.
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March 12, 2019, 04:48:06 PM
Merited by JayJuanGee (1)

How a Bitcoin Evangelist Made Himself Vanish, in 15 (Not So Easy) Steps

Some interesting tips, prepare all the paperwork before you get to BTC / 100k. Grin

https://www.nytimes.com/2019/03/12/technology/how-to-disappear-surveillance-state.html
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ESG, KYC & AML are attack vectors on Bitcoin


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March 12, 2019, 05:03:43 PM
Last edit: March 12, 2019, 05:24:36 PM by JayJuanGee


But BTC is the reason i drink! I bought @20K!

Do you believe in it?

If no, then just wait and once the price will cross 20k then get rid of them immediately .

Your money your choice, this is the beauty of Bitcoin.

I know that you are talking hypothetical here, Pamoldar, but selling just above $20k would not be a well-thought out plan.

Also, I doubt that fillippone is serious about buying at $20k (edit:  which he admitted in a subsequent post) and implying that he did not buy further after that.  

If you believed enough to buy at $20k, and you have not bought since, and you held all the way down, then there is a time, now, to buy or continue to buy.  Bring down your average price per BTC and likely increase your selling options at lower prices.

For example, buying the same amount of dollar value of BTC at $4k as what was bought at $20k would cut your average price per BTC to the mid-point between $20k and $4k, which would be $12k.  Many variations on that, too, and nothing wrong with selling on the way up, as long as, from my approach to the matter, the portion that you are selling is sold for higher prices than bought.
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March 12, 2019, 05:09:07 PM
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In this particular instance all I see is hypocrisy on your part. You fling ad hominems around without contributing to the discussion whatsoever. The hypocrisy of yours is a direct result of you bold quoting "willful ignorance" while completely ignoring every single thing I've said.

Again, the only problem are people like you. I'm providing objective points of concern from both sides, while you attack people from a perspective that you've picked up in MSM that you clearly don't know shit about. Otherwise you would have a civil discussion instead of attacking me.

You are correct sir..I am calling your character in to question...flat out. If people like me are the problem then I thank the Lord that we still seem to have the majority and the World continues on its merry chaotic way. I hear nothing objective from your opinions other than a sense of bloated self-righteousness bordering on megalomania. Be that at as it may, I believe everyone is entitled to have an opinion and its completely obvious that you have yours and I have mine. Do not think for a second however that I wont call bullsh*t on you when and where appropriate as I have in the past and will continue to do so in the future. That you call my perspective main stream is laughable and truly shows how little you know and gives insight as to where you think you are. If you want to have a civil conversation fine, but I can not get over the feeling that you have almost zero real world experience in the things you talk about. With nigh 4 decades working out in the field in heavy industry and to have literally watched the sky burn and cry tears of oil I can tell you that from my perspective, humanity is impacting the planet. Your blasé attempts to provide "points of concern" appear disingenuous and frankly argumentative. Climate change or environmental change, whatever you care to label it is happening and waiting until hypothesis is proven out as fact in this case would be in my humble opinion nothing short of recklessness.

Upon further thought I was not flinging anything around, this is just plain false. I specifically asked you to pick a direction with a expletive added in for vernacular. If you choose to take this as an ad hominem attack that is your prerogative.

Honestly, it does not matter at this point as I do not feel I will change your mind with my opinions or experiences and we are pretty well off topic so why we dont we leave it with that. Good day.
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March 12, 2019, 05:12:08 PM

Market Synergy Launches VPS to Connect Brokers to Bitfinex

https://www.financemagnates.com/cryptocurrency/news/market-synergy-launches-vps-to-connect-brokers-to-bitfinex/

Market Synergy, an institutional cryptocurrency connectivity provider, announced this Tuesday that it has launched a cloud-based Virtual Private Server (VPS) which can connect brokers, hedge funds and professional traders to cryptocurrency trading platform Bitfinex.

https://twitter.com/bitfinex/status/1105410374894084096
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March 12, 2019, 05:15:40 PM


Why do you have to say anything?  Cooperation is voluntary, correct?  So you can just refuse to cooperate and provide absolutely zero information.  Right?

In a constitutional sense cooperation is indeed voluntary, but as with so many things the bureaucrats have muddied things in a statutory sense.  The envelope the form arrives in is emblazoned with "YOUR RESPONSE IS REQUIRED BY LAW" and non respondents will get physical visits from aggressive census workers threatening $5000 fines.

O.k.  Fair enough.  I had never looked it up before or even received one of those forms, and after I looked it up (just now), it does kind of make sense that there has to be some kind of attempt to get cooperation from the population, otherwise the govt bureaucrat would not be able to effectively carry out their constitutional mandate to attempt to collect such data every 10 years.  

I suppose that it could be like jury duty, which is also required by law, in many locations in the USA... and voting is required in several other countries.  

By the way, regarding jury duty:  I have reported for jury duty many times, especially in the last 15 years or so, and I always get weeded out.... and it is not even that I want to get weeded out  

One time, about three years ago, I made it to the box in a criminal case, which if they do not eliminate you at that state, then you are on.  I answered a question from the prosecutor, that I thought was a fairly reasonable answer, and I heard several of the other possible jurors giggle, then the prosecutor stated that he wanted me removed.  The judge said that it was not the prosecutor's turn, and then one of the first things that the defense attorney did was remove me.  Hahahahaha .. Showed that neither side wanted me, based on one seemingly innocent response.
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March 12, 2019, 05:18:11 PM

Eh!
"1pool Ltd and CEO fined $990,000 by CFTC for illegal BTC transactions"

License and registration please.
https://ambcrypto.com/bitcoin-btc-1pool-ltd-and-ceo-fined-990000-by-cftc-for-illegal-btc-transactions/
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