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Question: How much of your corn do you plan on cashing out in the next massive bull run?
None - 22 (18.6%)
1-10% - 15 (12.7%)
11-20% - 14 (11.9%)
21-30% - 16 (13.6%)
31-40% - 6 (5.1%)
41-50% - 12 (10.2%)
51-60% - 9 (7.6%)
61-70% - 5 (4.2%)
71-80% - 4 (3.4%)
81-90% - 2 (1.7%)
91-99% - 3 (2.5%)
100% - 10 (8.5%)
Total Voters: 118

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21785663 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. (148 posts by 37 users deleted.)
El duderino_
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May 19, 2019, 09:09:50 AM

Somebody get Goose out of the Hodlnest to help us Pamp it to 9000! Grin

Hope i’m still in time, yes still @ around 8K

Wouldn’t wanna miss the first true 9K vegeta thats gonna get posted
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criptix
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May 19, 2019, 09:41:23 AM

Bullish as fuck if this weekly candle closes at 8k Smiley
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May 19, 2019, 09:45:12 AM

Bullish as fuck if this weekly candle closes at 8k Smiley

$7,999 as I type this.

PUMP it mother fuckers Smiley
Last of the V8s
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May 19, 2019, 09:46:03 AM

su-uch a coincidence that. someone assaults
Quote
"Jingle All The Way" star Arnold Schwarzenegger
not 4 hours later Bitcoin adds 10% to show the world we are not amused.

realr0ach
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May 19, 2019, 09:52:01 AM

As for roach, I know you think btc is set to implode and one player is manipulating the market in his favour. If true, how long do you think this can continue on?

In the past when the price would double from like $200 to $400 with some giant, non-aggregate market candles, it was the general consensus it was the Chicom mining monopolies/cartel rigging the price to scam people.  They have a monopoly; they mine everything; they rig the price artificially high; they dump on you.  Seeing as how Bitmain's balance sheet had them making just obscene amounts of money, it's a pretty logical conclusion.  So I wouldn't be surprised if this entire thing is just one giant Chinese scam that keeps on going until dumbass westerners run out of money for them to fleece and then the bubble deflates.

The words "Chicom" and "mining monopoly" were used on like every page back in the old days because people knew exactly what was going on and were pissed off they had a complete monopoly.  It was obvious it was them rigging the price to most people.  I never liked the idea of Chinese scammers exporting imaginary, valueless tokens to the west at artificially rigged high prices.  It's basically what the Federal Reserve attempts to do to the rest of the world - send them all valueless paper for real goods and resources.

The Chinese thing is like a sick joke of them getting revenge on the fed in that regard.  Bitcoin is now at such a retardedly high market cap, it's not just a harmless penny stock pump and dump by the Chicoms doing stuff like that, it's more of a real economic warfare for everyone left holding the bag should the bubble deflate.  People like Tim Draper, Mike Novogratz, and Barry Silbert walking around with billions of dollars invested in this garbage.  If it blows up and leaves them holding the bag with nothing, that's billions of dollars that could have been used to actually invest in America, and instead it all went overseas to a Chicom market rigging scam.
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May 19, 2019, 09:53:42 AM

Bullish as fuck if this weekly candle closes at 8k Smiley

and its on its way over 8000 with a strong candle.

it will be a very interresting summer.


Summer of PUMP 2019
Last of the V8s
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May 19, 2019, 09:57:08 AM

Last of the V8s
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May 19, 2019, 09:58:48 AM


Summer of PUMP 2019

Autumn of MOON 2019



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May 19, 2019, 10:01:01 AM

realr0ach
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May 19, 2019, 10:06:07 AM

^Or the TLDR version of my post above:  Bitcoin is like the grotesque finale of global financialization.  Financialization is the art of making money by producing nothing.  You have billions of dollars floating around that instead of chasing real world goods, services, or investments, the money is chasing imaginary, valueless tokens.  At some point all imaginary things are going to be marked to market for their real value of zero, and it's going to be hilarious, or catastrophic, or both.
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May 19, 2019, 10:07:28 AM

Whaleagent
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May 19, 2019, 10:09:31 AM

^Or the TLDR version of my post above:  Bitcoin is like the grotesque finale of global financialization.  Financialization is the art of making money by producing nothing.  You have billions of dollars floating around that instead of chasing real world goods, services, or investments, the money is chasing imaginary, valueless tokens.  At some point all imaginary things are going to be marked to market for their real value of zero, and it's going to be hilarious, or catastrophic, or both.

What does imaginary mean to you exactly? Isn't ''normal'' money imaginary too? Why does it hold any value at all if it can appear from nothing? Does it hold value because it's a physical bill? Does gold hold a lot of value simply because people use gold to build/create things with it?
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May 19, 2019, 10:12:26 AM

If we break and hold 8200 for a bit then 10k+ is sure to follow.
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May 19, 2019, 10:16:19 AM

^Or the TLDR version of my post above:  Bitcoin is like the grotesque finale of global financialization.  Financialization is the art of making money by producing nothing.  You have billions of dollars floating around that instead of chasing real world goods, services, or investments, the money is chasing imaginary, valueless tokens.  At some point all imaginary things are going to be marked to market for their real value of zero, and it's going to be hilarious, or catastrophic, or both.

What does imaginary mean to you exactly? Isn't ''normal'' money imaginary too? Why does it hold any value at all if it can appear from nothing? Does it hold value because it's a physical bill? Does gold hold a lot of value simply because people use gold to build/create things with it?

Of course "money" isn't imaginary.  Fiat paper has always been a derivative of metals, not vice versa.  They just turned it into a complete scam and de-linked the paper convertability from metals entirely under Nixon.  My grandfather worked for Nixon.  To qualify as money something has to be an actual commodity.  Commodities are physical only.  If it's not a commodity, it's a currency.  All currencies are worthless scams. 

The lowest level API of trade is barter.  The further you extrapolate from barter, the bigger a scam it is.  Since humans practice specialization of labor, the exchange of a physical commodity has always been used because it's the closest thing to barter there is without actually being barter.
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May 19, 2019, 10:18:25 AM

Value is imaginative. Things are worth what people think they are worth. Get bent seriously.
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May 19, 2019, 10:25:50 AM



Ive burned it down there a few times. Even won a class once.
realr0ach
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May 19, 2019, 10:29:13 AM

Value is imaginative. Things are worth what people think they are worth. Get bent seriously.

I didn't use the word value in my post, but "value" is obviously not subjective in relation to humans when things like Maslow's pyramid exist.  Things like food, building materials for shelter, energy to stay warm, etc, all have greater value than gold or imaginary, valueless bitcoins.  But the key aspect is that those Maslow's pyramid-esque things all tend to be perishable commodities when a non-perishable commodity is needed to serve as money (among several other attributes).  

Hence why the noble metals (gold and silver) become the Schelling point of money instead of bread.  It's the invisible hand of the market simply choosing the most suitable commodity.  Bitcoin is not a commodity.  It's a fake commodity.  It is relegated to the status of currency and not money.  All currencies are worthless scams whether it's dollars, Paypal tokens, Chuck E Cheese tokens, or Bitcoin tokens.
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May 19, 2019, 10:32:12 AM



Ive burned it down there a few times. Even won a class once.

Nice !!!, fuel and horsepower are addictive. Wink
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May 19, 2019, 10:33:16 AM

Crazy, it´s rallying again did not expect that after the dump.
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May 19, 2019, 10:34:37 AM

Value is imaginative. Things are worth what people think they are worth. Get bent seriously.

I didn't use the word value in my post, but "value" is obviously not subjective in relation to humans when things like Maslow's pyramid exist.  Things like food, building materials for shelter, energy to stay warm, etc, all have greater value than gold or imaginary, valueless bitcoins.  But the key aspect is that those Maslow's pyramid-esque things all tend to be perishable commodities when a non-perishable commodity is needed to serve as money (among several other attributes).  Hence why the noble metals (gold and silver) become the Schelling point of money instead of bread.

Actually you did, you said ''valueless tokens'' and ''At some point all imaginary things are going to be marked to market for their real value of zero''

''Things like food, building materials for shelter, energy to stay warm, etc, all have greater value than gold or imaginary'' You see, value is indeed relative and imaginary, food is usually more valuable than gold but so is water, however if you haven't eaten in 2 weeks but had enough water, food would be more valuable than water in that particular instance but the same can be true for gold, if you have plenty of food and water and you needed gold for whatever reason, then gold would be more valuable than those 2. In the end is really just demand and supply no matter what the intrinsic value of a particular asset is.
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