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April 26, 2019, 03:02:10 AM *
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Poll
Question: Probability that we've seen the bottom of this bear market:
0% - 4 (2.9%)
1-5% - 4 (2.9%)
6-10% - 1 (0.7%)
11-15% - 1 (0.7%)
16-20% - 2 (1.4%)
21-25% - 2 (1.4%)
26-30% - 2 (1.4%)
31-35% - 1 (0.7%)
36-40% - 5 (3.6%)
41-45% - 2 (1.4%)
46-50% - 7 (5%)
51-55% - 8 (5.8%)
56-60% - 2 (1.4%)
61-65% - 2 (1.4%)
66-70% - 9 (6.5%)
71-75% - 9 (6.5%)
76-80% - 10 (7.2%)
81-85% - 13 (9.4%)
86-90% - 10 (7.2%)
91-95% - 7 (5%)
96-99% - 10 (7.2%)
100% - 28 (20.1%)
Total Voters: 139

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21127441 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. (19 posts by 10 users deleted.)
micgoossens
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April 14, 2019, 03:47:54 PM

^
I know, just saw it passing by again today... like it Cheesy
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April 14, 2019, 04:06:40 PM



How to scale Bitcoin (without changing a thing)
Why Bitcoin banks need to prove their solvency

Quote
Hal’s vision
In 2010, digital cash pioneer Hal Finney famously made the case for what could be called the institutional approach to scaling Bitcoin.

Actually there is a very good reason for Bitcoin-backed banks to exist, issuing their own digital cash currency, redeemable for bitcoins. Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient. Likewise, the time needed for Bitcoin transactions to finalize will be impractical for medium to large value purchases.
Bitcoin backed banks will solve these problems. They can work like banks did before nationalization of currency. Different banks can have different policies, some more aggressive, some more conservative. Some would be fractional reserve while others may be 100% Bitcoin backed. Interest rates may vary. Cash from some banks may trade at a discount to that from others.

https://medium.com/@nic__carter/how-to-scale-bitcoin-without-changing-a-thing-bc4750dd16c7

As the title of the article says, How to scale Bitcoin?

There are some proposals by Hal Finney about it.
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April 14, 2019, 04:08:44 PM
Last edit: April 14, 2019, 04:37:50 PM by BobLawblaw

But still like the reasoning of it Smiley

What if I'm looking to eliminate the maximum amount of people, because this planet is being raped of its resources ? Are you saying I should keep my original position, and not flip the switch ? Or should I flip the switch, which will lead to my goal of eliminating the most number of people Huh

Edit: RE: Poll, I blew the last one voting for $4,200, but was happy to be wrong with having us blast to $5k. Voted "No" in the current poll. Feel it is likely we won't ever see it dropping below $3k. Touching the $3k's ? Maybe, but gut bacteria says the $3,000's are behind us.
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April 14, 2019, 04:17:54 PM



Just saw yesterday was my 6th-year anniversary on bitcointalk...Ack! What a NEWB I was Ack!

If only I knew what I know now, then etc (you know the spiel)

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April 14, 2019, 04:22:25 PM

Time for a new poll! 

micgoossens
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April 14, 2019, 04:26:38 PM

Wow three-super fast BEAR votes on the POLL
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April 14, 2019, 04:27:43 PM

wave 5 bitchezz
micgoossens
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April 14, 2019, 04:29:24 PM

wave 5 bitchezz

What about wave 7?
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April 14, 2019, 04:30:42 PM
Merited by BobLawblaw (1)

But still like the reasoning of it Smiley

What if I'm looking to eliminate the maximum amount of people, because this planet is being raped of its resources ? Are you saying I should keep my original position, and not flip the switch ? Or should I flip the switch, which will lead to my goal of eliminating the most number of people Huh

I saw a video where the father recreated the problem with toys for his son. The kid only hesitated for a second, then moved one little guy next to other five, and rammed the toy train over all six. Makes sense. Smiley
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April 14, 2019, 04:32:30 PM


Wondering who are thinking that we will go back to $3k 🤔
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April 14, 2019, 04:43:34 PM

Wondering who are thinking that we will go back to $3k 🤔

I actually think there is a good chance we will briefly see the high $2Ks in a final wave 5 shakeout.
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April 14, 2019, 04:44:51 PM

Wondering who are thinking that we will go back to $3k 🤔

I actually think there is a good chance we will briefly see the high $2Ks in a final wave 5 shakeout.

Ack!
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April 14, 2019, 04:45:10 PM


Wondering who are thinking that we will go back to $3k 🤔

$3,999.99 would be valid still. Possible...maybe likely perhaps, but I am tired of doom and gloom so I voted no.   Tongue   deal with it



the Wall has two honest centurions left..thats something at least.   Cheesy

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April 14, 2019, 04:53:19 PM

But still like the reasoning of it Smiley

What if I'm looking to eliminate the maximum amount of people, because this planet is being raped of its resources ? Are you saying I should keep my original position, and not flip the switch ? Or should I flip the switch, which will lead to my goal of eliminating the most number of people Huh

Edit: RE: Poll, I blew the last one voting for $4,200, but was happy to be wrong with having us blast to $5k. Voted "No" in the current poll. Feel it is likely we won't ever see it dropping below $3k. Touching the $3k's ? Maybe, but gut bacteria says the $3,000's are behind us.

Are you THANOS BoB?

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April 14, 2019, 04:55:51 PM

Wondering who are thinking that we will go back to $3k 🤔

I actually think there is a good chance we will briefly see the high $2Ks in a final wave 5 shakeout.

It could be but it would be more likely to not go back THAT LOW I think... ( yeah i'm the I don't know guy sorry)

If I would of voted NO then its the "I HOPE VOTE" Smiley
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April 14, 2019, 05:03:09 PM

Farewell, 3000s.

micgoossens
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April 14, 2019, 05:06:48 PM

REMINDER: The stock market and your bank are closed today.

You’re prevented from accessing your own money in the legacy system. They won’t give you your wealth today.

The new crypto system doesn’t apply these ludicrous restraints on you.

Join us. Eventually everyone will.

https://twitter.com/APompliano/status/1117447134545096704

Outsmart the late coming peoples...
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April 14, 2019, 05:07:00 PM

I voted yes because I can imagine us going as low as ~$3,800 (or ~$3,200, worst case) by Oct, at the lastest, for the final "big dip".

Incidentally, one of my favorite CT guys, @davthewave just posted this:



If the 2015 comparison holds true, we're in for the final retest of lows soon. It might be a good time to stock up an ammo to buy the last <$4,000 bitcoins, potentially.
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April 14, 2019, 05:16:57 PM

REMINDER: The stock market and your bank are closed today.

You’re prevented from accessing your own money in the legacy system. They won’t give you your wealth today.

The new crypto system doesn’t apply these ludicrous restraints on you.

Join us. Eventually everyone will.

https://twitter.com/APompliano/status/1117447134545096704

Outsmart the late coming peoples...
Centralization sucks. Angry

Even we can't access our own money they why we need to have such system just ignore it completely guys.
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April 14, 2019, 05:17:41 PM

Wondering who are thinking that we will go back to $3k 🤔

I actually think there is a good chance we will briefly see the high $2Ks in a final wave 5 shakeout.

It could be but it would be more likely to not go back THAT LOW I think... ( yeah i'm the I don't know guy sorry)

If I would of voted NO then its the "I HOPE VOTE" Smiley

I just dumped a wad into crypto...if it goes below 3k I will be despondent...

you makes your bets, you takes your lumps, I guess

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