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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26401971 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.)
FractalUniverse
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May 24, 2019, 08:03:43 PM

Yeah, I’ll almost definitely buy some. I don’t believe in it but I know free money when I smell it Cheesy
this smells like ripple. Tongue
making Zuckerberg rich  
free-bit.co.in
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May 24, 2019, 08:04:34 PM

Facebook coin will most probaly a stable coin pegged to the USD, so chances of an amazing p&d is probaly small Tongue

Thus im seeing it more as a great oppurtinity for global adoption of crypto currency in general.

It will be a stable coin, Mr. Zuckerberg doesn't want any more problems with the government! Especially after he was caught in the courtroom in his Lizard form!  Grin
d_eddie
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May 24, 2019, 08:04:48 PM

someone alphabetise those poor hats before i get epileptic seizures
kthxbye

Lol, You have to memorize hat/user or user/hat

Forget about alphabetizing hats, your photographic memory must always be active to make the brain more agile. Wink

V8, It is complicated for updates, if it were a list there would be no problem.
Text tags might help if searchable.
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May 24, 2019, 08:04:48 PM




Well I was trying to go along with some of the factors that you presented, and if you are not really satisfied geographically, then either you have already identified another place that would work better for you, or if you do not really want to settle down geographically then I would think that considering just minor maintenance home and car, and then the rest of the money would be used to travel and to figure out a place that would be more suitable for you.  Then the business would come out of that, unless it allowed you the geographical mobility.

Ultimately, the formula and thinking around the whole issue about how much you need and how much do you want to spend on your base will determine how much value you have left to generate enough income in order to satisfy your remaining needs of food, beverages and entertainment and lodging becomes a bit of a different amount of expense (and formula) if you are more mobile or still trying to determine if another location would suit you better (do you have to try out the new location first, or do you already sufficiently know that part in order to just jigger your calculations a bit to include that?)

I understand that it could be difficult to lock down amounts exactly, if you remain uncertain about the location, but you could still speculate.. and it may be more useful to account for various scenarios, including one scenario that has enough capital to totally say fuck you to any business to the extent that it ties you down geographically... and that might mean saying fuck you to any business, unless you really believe that the business is something that you are wanting for some kind of self-fulfillment thing, but if you have enough income then you are not necessarily going to need that self-fulfilling part, so then the calculation becomes about how much do you need in order to really get the part that you actually want, without necessarily being tied down to obligations that are mostly in the category of income generating, rather than self-fulfillment.

Good lord.
If you have too take a breath before finishing reading a sentence out loud, I'd say its too long....

Well, aren't you the self-proclaimed genius when it comes to idea presentation?

BitcoinGirl.Club
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May 24, 2019, 08:05:11 PM

Yeah, I’ll almost definitely buy some. I don’t believe in it but I know free money when I smell it Cheesy
this smells like ripple. Tongue
making Zuckerberg rich  
He is already filthy rich.
BitcoinGirl.Club
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Farewell LEO: o_e_l_e_o


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May 24, 2019, 08:06:19 PM


We are missing those rock climbers 🤪
fillippone
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May 24, 2019, 08:11:29 PM

Facebook coin will be a great opportunity to pump & dump. Get in early, sell before it fails miserably & increase your bitcoin stash.

#winning

Yeah, why haven't I thought about that? This is the only coin I would go all in and dump when I do 2x profits. It's the sure bet which'll get me to the double digits.

Great idea. Tbh, it might even get me 3 digits, can't imagine the enormous hype.

You think Binance IEO's are overhyped? Just wait for FBC. (facebookcoin  Cheesy)

Maybe I am not updated on the last rumours of this project, but this coin should be a Stablecoin isn’t it?
LFC_Bitcoin
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May 24, 2019, 08:13:35 PM

Facebook coin will be a great opportunity to pump & dump. Get in early, sell before it fails miserably & increase your bitcoin stash.

#winning

Yeah, why haven't I thought about that? This is the only coin I would go all in and dump when I do 2x profits. It's the sure bet which'll get me to the double digits.

Great idea. Tbh, it might even get me 3 digits, can't imagine the enormous hype.

You think Binance IEO's are overhyped? Just wait for FBC. (facebookcoin  Cheesy)

Maybe I am not updated on the last rumours of this project, but this coin should be a Stablecoin isn’t it?


If it’s to be a stablecoin I won’t bother with it.
gentlemand
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May 24, 2019, 08:15:03 PM
Merited by cAPSLOCK (1), BobLawblaw (1)

If it’s to be a stablecoin I won’t bother with it.

Do you truly honestly believe Mark will expose the wealth of his billions of users to a bunch of cockhonkers on Bitmex?
mindrust
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May 24, 2019, 08:18:45 PM

If it’s to be a stablecoin I won’t bother with it.

Do you truly honestly believe Mark will expose the wealth of his billions of users to a bunch of cockhonkers on Bitmex?

We were just having a nice dream till you guys destroyed it.  Tongue
criptix
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May 24, 2019, 08:19:53 PM

If it’s to be a stablecoin I won’t bother with it.

Do you truly honestly believe Mark will expose the wealth of his billions of users to a bunch of cockhonkers on Bitmex?

Thanks to arthur i just got a new nice car, so please no hate  Cheesy
BitcoinGirl.Club
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May 24, 2019, 08:20:55 PM

If it’s to be a stablecoin I won’t bother with it.

Do you truly honestly believe Mark will expose the wealth of his billions of users to a bunch of cockhonkers on Bitmex?

We were just having a nice dream till you guys destroyed it.  Tongue

Eh!
It was a bubble 🤪
JayJuanGee
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May 24, 2019, 08:27:20 PM

Also, I'm not sure if depression is actually bad. It might be a mechanism that is supposed to get us to stop doing what isn't working and seek out new solutions.


This is somewhat how I view depression. My philosophy has become without experiencing depression you cannot experience happiness. Without sadness you cannot feel joy. It's something you have to endure to eventually become a better version of yourself.

Since everybody is sharing their personal experiences. How crypto has had a grip on me: it started in 2015 when I got introduced to a shitcoin, I already heard of Bitcoin. Put a decent amount of money into it and saw it rise x4 at the end of 2016. That's when I decided to dig deeper and created an account here. Then 2017 came along and I experienced the crazy bull run we had. During this year with amazing highs and profits I started to feel more confident and euphoric. After a while (which I can see now in hindsight) the profits I made, were linked to my self-confidence. Which is quite dangerous when I think about it. So when the bear market came and it destroyed my paper profits I was feeling low, insecure and doubting myself all the time.

It has now been almost six months since I have started rebuilding my self-confidence. What seems to help for me is routine and exercise. Going to the gym and lifting weights has been working quite well. A strong mind needs an even stronger body.


@capslock
Thank you for sharing such an intimate moment! Great post had to send you my last merit.

Surely, whether your portfolio was profitable or not, in relationship to bitcoin specifically would depend on a lot more details.  Sure, you are saying that, overall, your portfolio became unprofitable at a certain point in this prolonged correction, but then again there are a lot of ways that the level of profits would be affected depending, in part, on how long you were involved in various shit coins, how much of a percentage they occupied and whether and how much you came over to the light of bitcoin - including your strategies, whether dollar cost averaging, buying on dips, various balls to the walls approaches or some combination thereof.
MrFreeRoMan
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May 24, 2019, 08:30:43 PM

Facebook coin will be a great opportunity to pump & dump. Get in early, sell before it fails miserably & increase your bitcoin stash.

#winning

Yeah, why haven't I thought about that? This is the only coin I would go all in and dump when I do 2x profits. It's the sure bet which'll get me to the double digits.

Great idea. Tbh, it might even get me 3 digits, can't imagine the enormous hype.

You think Binance IEO's are overhyped? Just wait for FBC. (facebookcoin  Cheesy)

Maybe I am not updated on the last rumours of this project, but this coin should be a Stablecoin isn’t it?


“… Facebook is seeking roughly $1 billion for the new initiative and has already approached credit card companies Visa and MasterCard about a potential partnership. The cash infusion would ensure ‘FB coin’ is well capitalized and stable, unlike most of the major cryptocurrencies today.”
https://www.bbc.com/news/business-48383460
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May 24, 2019, 08:33:23 PM
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If it’s to be a stablecoin I won’t bother with it.

Do you truly honestly believe Mark will expose the wealth of his billions of users to a bunch of cockhonkers on Bitmex?

Merited exclusively for the use of the word "cockhonkers".
fillippone
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May 24, 2019, 08:37:59 PM

If it’s to be a stablecoin I won’t bother with it.

Do you truly honestly believe Mark will expose the wealth of his billions of users to a bunch of cockhonkers on Bitmex?

We were just having a nice dream till you guys destroyed it.  Tongue

If you want memes and wild dreams go to  BitcoinPermabulls t.me/bitcoinpermabulls on Telegram. Only serious and grownup discussions here on the very polished WO thread.
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May 24, 2019, 08:39:08 PM

“… Facebook is seeking roughly $1 billion for the new initiative and has already approached credit card companies Visa and MasterCard about a potential partnership. The cash infusion would ensure ‘FB coin’ is well capitalized and stable, unlike most of the major cryptocurrencies today.”
https://www.bbc.com/news/business-48383460

I just don't see how they can keep a balance here. I presume the idea is to go global. How do you balance the exchange rate across the whole world while keeping everyone happy? How would any government with a crappy currency stop everyone from piling in? How do you stay on top of compliance if you get over 1 BILLION users? Ten million would be a herculean task.

No matter what, it's going to be a great show. I gave up Facebook about 12-13 years ago after trying it for a week and having an avalanche of pirate sheep thrown at me so will be sadly excluded.
Last of the V8s
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May 24, 2019, 08:40:28 PM

The shitcoin to end all shitcoins.

A FacebookCoin pegged to the USD with full KYC/AML could eat 90% of the market share of credit card processors, non-USD fiat currencies, and shitcoins.
Bitcoin would be your only alternative.

Facebook has a bigger network effect than anyone in payments. If they're smart, they'd stay out of monetary policy & build a payment network around the most liquid asset their users want. With KYC/AML, they'd probably offer more USD liquidity & lower fees than anyone else.

Network effects dominate. In a KYC world, there's very little reason for anything but the dollar and a facebook payment app to exist. Why hold your local gov's shitcoin on an app, when you can hold the dollar & spend globally? Why hold any app that has a smaller network than FB?

Payments will centralize around one network & standard. Currently it's USD, meaning surveillance, inflation & war.
Bitcoin's value proposition is that its most centralized layer is distributed over many thousands of nodes, making it arguably immutable apolitical & uncensorable.

Your choice:

1- A global inflationary currency that uses seigniorage to finance a large bureaucracy & global empire with complete surveillance of everyone

2- Digital immutable apolitical hard money with no seigniorage.

A good take I think from saif, and reminds me of the ubiquitous Chinese payments app Wechat Pay
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May 24, 2019, 08:42:54 PM

Facebook has 2.38 Billion Users (Q1, 2019)



This is insane! I think we are 7 Billion in the earth.
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May 24, 2019, 08:43:58 PM

If it’s to be a stablecoin I won’t bother with it.

Do you truly honestly believe Mark will expose the wealth of his billions of users to a bunch of cockhonkers on Bitmex?

We were just having a nice dream till you guys destroyed it.  Tongue

If you want memes and wild dreams go to @ BitcoinPermabulls on Instagram. Only serious and grownup discussions here on the very polished WO thread.

Not quite. I dream of Rio.

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