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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.5%)
8/4 - 16 (16.7%)
8/11 - 7 (7.3%)
8/18 - 5 (5.2%)
8/25 - 7 (7.3%)
After August - 49 (51%)
Total Voters: 96

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26451203 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. (174 posts by 3 users with 9 merit deleted.)
gentlemand
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May 23, 2019, 09:14:37 PM

Russia flat out stated they would be buying billions in bitcoin in the spring due to the sanctions and its likely they did.

One asshole professor type with zero corroboration from anyone other than his gran more like.
MrFreeRoMan
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May 23, 2019, 09:18:19 PM

One problem with these analysis based on previous cycles is that they dont consider social and political impact, like the trade war between US and China, and sanctions against Russia and Iran, for example.

Thats probably the reason why this cycle started earlier, and will go much higher than what the bears who talk about "diminishing returns" are predicting.


"The market takes into account all
This is the first thing to learn. According to Dow, the price of the asset has already laid all the necessary information about the past, present and even the future."

Say GrandFarther Dow.
Gyrsur
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Bitcoin Legal Tender Countries: 2 of 206


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May 23, 2019, 09:19:02 PM
Merited by MrFreeRoMan (1)

MrFreeRoMan
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May 23, 2019, 09:26:51 PM

Russia flat out stated they would be buying billions in bitcoin in the spring due to the sanctions and its likely they did.

One asshole professor type with zero corroboration from anyone other than his gran more like.


There was a case, a person opened an account in Sberbank (TOP bank of Russia), transferred money there and signed, EARNINGS from mining!
Sberbank blocked his account, and demanded all the addresses of Bitcoin, which he used!
STT
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Exchange 250+ Coins With 0% Fees


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May 23, 2019, 09:30:16 PM

Quote
Reading ... Just reading ...
Theres alot to be said for the simple idea of reading a book, I dont think anything electronic is as good tbh


Russia flat out stated they would be buying billions in bitcoin in the spring due to the sanctions and its likely they did.

I'd rather go on what Russia did previously more then anything they say they will do or reports on that.    Russia and China have both have a very strong policy towards replacing foreign reserves with gold, they sell currency in favour of owning more gold.  They import, they produce and there is no export, they are net buyers.   They did that this year, last year, the year before and all the way back for over a decade.    World wide central banks have been net buyers of gold, its a really simple theme but its physical ownership rather then token ownership via various FIAT standards or trade agreements that might have existed previously.   
I dont know exactly what they plan to do with it exactly and Russia is already massively biased to commodity prices for its GDP but I'd say there is no doubt sanctions or not they intend to use gold over any other type of fungible currency.   Ten years is a very long period for an active policy vs any recent news of various other initiatives
windjc
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May 23, 2019, 09:40:26 PM
Merited by JayJuanGee (1)

One problem with these analysis based on previous cycles is that they dont consider social and political impact, like the trade war between US and China, and sanctions against Russia and Iran, for example.

Thats probably the reason why this cycle started earlier, and will go much higher than what the bears who talk about "diminishing returns" are predicting.

Another issue is people over analyse. And they expect the future to be just like the past. There are more than enough current indicators to show that we are in a bull to stay for a while.
Toxic2040
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May 23, 2019, 09:40:27 PM
Merited by BobLawblaw (1)

On a semi serious note..just talking about things can be helpful for some. Hope you feel better soon.

I already do feel like a bit of a load is off, and seeing Bob and LFC open up first helped. I just need a more positive outlook I think.

I’ve had bouts of depression for years. Nobody would be able to tell by looking at me, I have friends, a good looking gf, I have money, I travel, I’m covered in tattoos. I don’t look like somebody who would be depressed but I guess how do you know what somebody who is depressed looks like?

I’ve had periods of heavy Class A drug use & times where I’ve had extreme paranoia.

Going outside, being outdoors helps a lot. Keep a good group of people around you. A small group of trustworthy people is better than a large group of assholes.

If you need to talk ever, PM me.



+1 WOsMerit


Everyone experiences depression to some degree or another at some point in their life. The worst thing you can do imho is to experience it alone.

We stand with you brother right here at the Wall. It might not be much.. but its something...and I am a firm believer that something is better than nothing.

#stronghands


MrFreeRoMan
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May 23, 2019, 09:41:53 PM

Quote
Reading ... Just reading ...
Theres alot to be said for the simple idea of reading a book, I dont think anything electronic is as good tbh


Russia flat out stated they would be buying billions in bitcoin in the spring due to the sanctions and its likely they did.

I'd rather go on what Russia did previously more then anything they say they will do or reports on that.    Russia and China have both have a very strong policy towards replacing foreign reserves with gold, they sell currency in favour of owning more gold.  They import, they produce and there is no export, they are net buyers.   They did that this year, last year, the year before and all the way back for over a decade.    World wide central banks have been net buyers of gold, its a really simple theme but its physical ownership rather then token ownership via various FIAT standards or trade agreements that might have existed previously.   
I dont know exactly what they plan to do with it exactly and Russia is already massively biased to commodity prices for its GDP but I'd say there is no doubt sanctions or not they intend to use gold over any other type of fungible currency.   Ten years is a very long period for an active policy vs any recent news of various other initiatives


Russia is one of the richest countries in the world for resources extracted from the earth! But in terms of life (with its potential), one of the poorest! In many countries, mining will be distributed at the state level (that is, the people), in Russia, it does not belong to the people! Officials in chocolate, people in shit ...
MrFreeRoMan
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May 23, 2019, 09:45:50 PM


Everyone experiences depression to some degree or another at some point in their life. The worst thing you can do imho is to experience it alone.

We stand with you brother right here at the Wall. It might not be much.. but its something...and I am a firm believer that something is better than nothing.

#stronghands




@Toxic2040


It is BEST that we can do it alone! After this, you will become a higher level than yourself, and you will find that with your problems, you will always have to remain alone (this is a fact), but you will already be ready for this!
I think so.

EDIT:



I'll buy myself a bottle of stronger!
gentlemand
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May 23, 2019, 09:59:00 PM
Merited by BobLawblaw (4), vapourminer (1), MrFreeRoMan (1)

It is BEST that we can do it alone! After this, you will become a higher level than yourself, and you will find that with your problems, you will always have to remain alone (this is a fact), but you will already be ready for this!
I think so.

Personally I find human beings a pain up the arse in all circumstances and if I was feeling down in the dumps the last thing I'd want is one sat in front of me attempting to empathise. I'd kick their head down the toilet and go off somewhere to be on my own.

Most people do not feel that way and that's fine.
Heater
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May 23, 2019, 10:04:22 PM

Currently sitting at $7912 and looking like we are setting up for an epic weekend pump.
Toxic2040
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May 23, 2019, 10:07:34 PM

fabiorem
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May 23, 2019, 10:08:55 PM

The return of Bitconnect (and in a way like nothing have happened at all) is just one more proof that the world supply of fools is infinite.
makrospex
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nothing to see here


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May 23, 2019, 10:13:21 PM

So you can't put it into your colon the other way round?

Well, I mean, you can always administer a warm water enema if you want to clean out your lower colon, but that's not good enough for a full colonoscopy.

Need to clean your entire tract from the stomach down to your asshole. You're essentially pissing out your asshole towards the end of the prep.

Good times.

Sorry, i was under the assumption that you are taking it as a medicine.
I've had a coloscopy twice and they gave me a good serving of mannitol (sugar) mixed into half a litre of water. No pain with taste at all.
A mere hour later i was totally empty.

EDIT: I think i can remember that it was 80 grams of mannitol and 1 litre of water.
ivomm
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All good things to those who wait


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May 23, 2019, 10:14:13 PM

Another super fast recovery for several hours - from the 7400-ish drop earlier today to 7900+ now. May be a few more days like that and we will be ready for the next target $9000+. We are officially in the last 365 days before the halving and the bears are aware their time is running out. They lost their only weapon - the fear. Now if they attempt to cause a crash, it will be a temporarily drop followed by a quick recovery. Everyone now knows that even if the prices get somehow lower in the next 6 months, at the start of 2020 there will be a major recovery. And most probably a higher price with the approach of the halving. If Bitcoin managed to recover 2.5 times for several months a whole year before the halving, imagine what will happen after that!
JayJuanGee
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May 23, 2019, 10:21:31 PM

I had pizza today Smiley  Sorry I didn't take any pics.

I had a calzone I think it counts.

Boys its unbelievable, I didn't have had a pizza yesterday  Undecided

I went to my friends to play, and cause they where playing scoops the day before with a Full House.... the place still looked like a big pile of trash, I do not lie there where @MINIMUM 10 finished boxes of pizza only a few remaining slices, wine and booze everywhere.... I saw tons of pizza there, how can I order Chinese food yesterday @there place instead of pizza, sorry couldn't take a pic of the place cause its such a nice villa he has but it looked that awful, I was a shame you guys would think it always would look like that.... Man what does scoop nights do with those boys Cheesy
You had Chinese food on Pizza day, man that's trying to temp fates to have Bitcoin banned in China.

And, to publicly admit it too...  Shocked Shocked
BitcoinGirl.Club
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May 23, 2019, 10:26:21 PM

Seems like I had a rain on this post https://bitcointalk.org/index.php?topic=178336.msg51176123#msg51176123

Appreciate all, now I have some sMerits to spend. 🙂


Good evening WO. I know I am not giving much time. I am having some real busy time in real life.

Anyway, observing @ $7,950

We are good.
MrFreeRoMan
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May 23, 2019, 10:26:39 PM

I have my first one soon (was scheduled to have already had, but had to postpone it) so bad is the taste?
Btw, any idea how many hours do I have to leave without ingesting alcohol before the test?

- Saltiest tasting stuff ever. It's truly awful. My advice is to prepare the mix, and put it in the freezer an hour before you are due to start the prep
- The cold will mitigate the terrible taste
- Make sure you try to avoid your tongue entirely. A straw helps.
- They suggest two rounds of prep - usually six hours apart - This can be extremely difficult to "chug down", along with 32 ounces of water, within an hour.
-- To mitigate above, it's possible to just prep from noon to 9pm the prior day. Do nothing but chug down the two bottles of prep, and 64 ounces of water across the entire day

*** No alcohol recommended AT LEAST 24 hours before procedure, but I'd stay dry for 48 hours to be extra safe.

Oh, also, I recommend avoiding popcorn for three weeks prior to your procedure. That stuff sticks to your inner-tubing like you would not believe. I have the scope shots to prove it !!!
I had a colonoscopy about 2 years ago, I literally poured mine into a shot glass and shot it over and over.

Dude my asshole was so fucking raw after all that and I was soooo hungry.

(I'll let you fuckers know why too because I am young, I had just had my kiddo and anxiety and me are not friends, I don't know if thats what it was or I caught something at the hospital but I lost 25 pounds in a couple of weeks and couldn't eat  for shit and stop shitting non stop, shit was no fun, I am also still paying on the damn procedure)


I have such procedures after each visit McDonalds
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May 23, 2019, 10:30:06 PM

Erratic price movement on insignificant volume. Calm before the storm? This could be an interesting weekend, even if Masterluc's triangle prophecy doesn't strike.

I think it’s just a natural pull back after a big % price increase. Maybe short term traders are happy with their profits.

Some people invested large sums at $3,xxx. They’re probably really happy to make hundreds of thousands of dollars (or more) profit by getting out now.

We prefer to HODL & wait years to get the kind of money they have probably already got in momths rather than having to wait years.

Not everybody is 100% willing to wait years to find their fortune through bitcoin.


And time will likely show that wealth continues to transfer to BTC HODLers - and some of the paltry profit taking will not help those peeps as much as if they just concentrated on BTC accumulation by mostly holding through a decently vast majority of time and through the ups and the downs.
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May 23, 2019, 10:31:07 PM


Yes. Bitcoin.com provides prominent notice that BCH and BTC are two different things. Faced with that knowledge, if the newcomer is not prompted to perform the requisite five more minutes of due diligence, they'd lose their money in short order no matter which direction they go.
JB for fuck sake please stop saying this again and again. Please do not get blind to see how they are phushing BCH shit on their website. Have you even read the emails they send to their subscribers. In every emails they push BCH. I have never seen an email where they pushed to buy Bitcoin.

STOP TRYING TO HIDE THE SAMELESS ACTS OF VER AND HIS BCH SHIT.
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