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Question: How much of your corn do you plan on cashing out in the next massive bull run?
None - 27 (20.3%)
1-10% - 18 (13.5%)
11-20% - 15 (11.3%)
21-30% - 19 (14.3%)
31-40% - 7 (5.3%)
41-50% - 14 (10.5%)
51-60% - 9 (6.8%)
61-70% - 5 (3.8%)
71-80% - 4 (3%)
81-90% - 2 (1.5%)
91-99% - 3 (2.3%)
100% - 10 (7.5%)
Total Voters: 133

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21791072 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 28, 2019, 10:56:20 AM

Just noticed a lot of avatar changed back to HATs = massively Bullish indicator!

Daahling hats are so over, so Fall 2018.
The fashion is now creative self-identity.
Mine seems to be penis substitutes in drab.
Just ask xhomerx - he knows all about that.


Ssssjjjj be quiet and behave, don’t let rising prices drive you mad in the head...!!!!
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May 28, 2019, 11:02:40 AM

I might employ gembitz & r0ach as servants.

A Nazi lover & hermaphrodite. Sick.
Oh & their poor pet:
AlcoHoDL
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May 28, 2019, 11:17:37 AM

We are going to be filthy rich, gentlemen.

I like your optimism, my fellow Liverpudlian!

It will happen. And we'll all meet at the $100k party.

And screw opsec -- we'll employ bodyguards for that...
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May 28, 2019, 11:27:38 AM

Meantime if you created paper wallets (even offline) from Walletgenerator.net since last August or so you might want to read this......

https://medium.com/mycrypto/disclosure-key-generation-vulnerability-found-on-walletgenerator-net-potentially-malicious-3d8936485961

Interesting.
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May 28, 2019, 11:30:24 AM
Last edit: May 28, 2019, 12:00:18 PM by Last of the V8s

Quote
Users from the following countries will not be able to participate in token sales on the Binance Launchpad platform: Albania, Belarus, Bosnia & Herzegovina, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, Cuba, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova,Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe, Afghanistan, Burundi, Canada, Cambodia, Ethiopia, Guinea-Bissau, Guinea, Kyrgyzstan, Laos, Malawi, Malaysia, Mali, Mozambique, New Zealand, Sri Lanka, Tanzania, Thailand, Timor-Leste, Trinidad & Tobago, Tunisia, Turkmenistan, Uganda, United States of America (USA), Uzbekistan.
us, nz, ca in fine company there. some of the most civilised places on the planet.
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May 28, 2019, 11:33:01 AM

Just noticed a lot of avatar changed back to HATs = massively Bullish indicator!

Or just the consequence of some mixers shutting down and signature campaigns ending.
I bet we'll see some new faces in here too.
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May 28, 2019, 12:03:10 PM
Merited by 600watt (1)

I wonder how all those dopes who sold at $3xxx feel now? I mean, how dumb do you have to be to see the preceding pattern and still sell at an 80% discount to the ATH?

Last year I introduced Bitcoin to a couple of frends of mine. They bought at $5~6k and sold it all at $3k because, "it's not going anywhere mate"...

People tend to expect an easy gain, and freak out when it drops below what they paid to buy. They neither understand the underlying mechanism, nor do they have the patience to HoDL. They just want a quick profit, and that's exactly why they are the losers of the game.

HoDL!

Hahahahahahaha

Sounds a bit typical, and seems that it is fair for us, here, to make fun of those kinds of folks who are so short-sighted, little ability to remain patient and too willing to buy into the mainstream FUD that bitcoin is either dead or "not going anywhere" as you quoted them to be saying.  Dumb fucks.

I had an in-law that did a very similar thing and made some similar comments to me.

In early 2018, I bought something from him, and I suggested that I would pay him by bitcoin.  The item was a bit over a $100, and the then BTC price was then a bit more than $7k.

I told him that it was likely that he was in a good position, as long as he would be willing to HODL the bitcoin for a few years.  When bitcoin hit $8k, I asked him how those bitcoins were doing, and he went on some kind of rampage that he would have had to sell them at $8k in order to make a profit (which was stupid-ass far from the truth), and that he sold them in late 2018, and bitcoin was his only "loss" for the year.  He said that it was a good thing that he had some losses to off-set his other gains, blah blah blah. 

Anyhow, there is only so far that you can go with those lacking insight and patience, at least in regards to giving any kind of benefit of the doubt to bitcoin - even as a kind of non-correlated hedge... It just might not sink-in, especially if they are already decently established in other mainstream investments and their investment advisors (and peers) are telling them how much bitcoin sucks (of course, investment advisors cannot make fees off of the vast majority of the bitcoin products, especially the buying directly approach to bitcoin).

I've found that most people tend to be very suspicious and reluctant to embrace something as revolutionary and groundbreaking as Bitcoin. It's like a bright light that blinds them -- they just can't comprehend it. Almost everyone's first reaction is that "it's a scam, you're going to lose it all". Those few that care to investigate further come back and say "it's used for drugs, don't touch it". HA! As if fiat has never been used for drugs and other illegal activities...

The more I insist and urge them to invest, the more reluctant they become. I guess it's a natural reaction in a way... "If it seems too good to be true, it probably is" kind of thing. Setting up wallets and sending some $ worth of BTC to them can help. I once set up a wallet and sent $1 worth of BTC to one of my students. A few months later she had $13 in her wallet. She's now a member of Kraken and has accumulated a decent amount of coins (single digits, but still good enough).

Of my relatives, only one has embraced and invested in crypto. Interestingly, he is the least educated of them all (but is very open-minded). Most of the university-educated guys in my circle still consider Bitcoin a scam/Ponzi...
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May 28, 2019, 12:17:41 PM

I wonder how all those dopes who sold at $3xxx feel now? I mean, how dumb do you have to be to see the preceding pattern and still sell at an 80% discount to the ATH?

Last year I introduced Bitcoin to a couple of frends of mine. They bought at $5~6k and sold it all at $3k because, "it's not going anywhere mate"...

People tend to expect an easy gain, and freak out when it drops below what they paid to buy. They neither understand the underlying mechanism, nor do they have the patience to HoDL. They just want a quick profit, and that's exactly why they are the losers of the game.

HoDL!

Hahahahahahaha

Sounds a bit typical, and seems that it is fair for us, here, to make fun of those kinds of folks who are so short-sighted, little ability to remain patient and too willing to buy into the mainstream FUD that bitcoin is either dead or "not going anywhere" as you quoted them to be saying.  Dumb fucks.

I had an in-law that did a very similar thing and made some similar comments to me.

In early 2018, I bought something from him, and I suggested that I would pay him by bitcoin.  The item was a bit over a $100, and the then BTC price was then a bit more than $7k.

I told him that it was likely that he was in a good position, as long as he would be willing to HODL the bitcoin for a few years.  When bitcoin hit $8k, I asked him how those bitcoins were doing, and he went on some kind of rampage that he would have had to sell them at $8k in order to make a profit (which was stupid-ass far from the truth), and that he sold them in late 2018, and bitcoin was his only "loss" for the year.  He said that it was a good thing that he had some losses to off-set his other gains, blah blah blah. 

Anyhow, there is only so far that you can go with those lacking insight and patience, at least in regards to giving any kind of benefit of the doubt to bitcoin - even as a kind of non-correlated hedge... It just might not sink-in, especially if they are already decently established in other mainstream investments and their investment advisors (and peers) are telling them how much bitcoin sucks (of course, investment advisors cannot make fees off of the vast majority of the bitcoin products, especially the buying directly approach to bitcoin).

I've found that most people tend to be very suspicious and reluctant to embrace something as revolutionary and groundbreaking as Bitcoin. It's like a bright light that blinds them -- they just can't comprehend it. Almost everyone's first reaction is that "it's a scam, you're going to lose it all". Those few that care to investigate further come back and say "it's used for drugs, don't touch it". HA! As if fiat has never been used for drugs and other illegal activities...

The more I insist and urge them to invest, the more reluctant they become. I guess it's a natural reaction in a way... "If it seems too good to be true, it probably is" kind of thing. Setting up wallets and sending some $ worth of BTC to them can help. I once set up a wallet and sent $1 worth of BTC to one of my students. A few months later she had $13 in her wallet. She's now a member of Kraken and has accumulated a decent amount of coins (single digits, but still good enough).

Of my relatives, only one has embraced and invested in crypto. Interestingly, he is the least educated of them all (but is very open-minded). Most of the university-educated guys in my circle still consider Bitcoin a scam/Ponzi...

Common sense can substitute almost any level of education, but no amount of education can replace common sense.
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May 28, 2019, 12:23:23 PM

Quote
Users from the following countries will not be able to participate in token sales on the Binance Launchpad platform: Albania, Belarus, Bosnia & Herzegovina, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, Cuba, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova,Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe, Afghanistan, Burundi, Canada, Cambodia, Ethiopia, Guinea-Bissau, Guinea, Kyrgyzstan, Laos, Malawi, Malaysia, Mali, Mozambique, New Zealand, Sri Lanka, Tanzania, Thailand, Timor-Leste, Trinidad & Tobago, Tunisia, Turkmenistan, Uganda, United States of America (USA), Uzbekistan.
us, nz, ca in fine company there. some of the most civilised places on the planet.


why do they get protected from scamcoin sales, but we do not?  Cheesy
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May 28, 2019, 12:29:45 PM

Trading suspended on bitmex. Such a long outage (several minutes already) is unusual. Fuckery? Seat belts?

EDIT Back to normal, but it was weird.
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May 28, 2019, 12:32:18 PM

https://nypost.com/2019/05/22/bitcoin-manipulation-madness-calls-for-massive-investigation/



found this gem. folks, if you are ready for some kind words of a NYP author then lean back, grab a beer and/or joint and enjoy the show.


Quote
The US, the European Union and China need to investigate who is behind the manipulation of bitcoin’s price.

And since I happen to know Donald Trump and I also happen to know that the president reads my column regularly, that’s what I’m suggesting right now. No need to even make a phone call.

As I’ve said before, bitcoin is nothing more than a confidence game. It’s worth nothing if people suddenly lose their confidence in this fake digital currency. It’s backed by nothing. It’s the definition of a con.

That’s why people who are propping up bitcoin lose their minds whenever someone like me writes anything negative about it. That’s what happened on Tuesday.

Thanks, folks, for all the e-mails and tweets. Keep them coming!

I’ll keep them handy because I am sure that every one of these writers will be thrilled to defend bitcoin in front of investigators from the Securities & Exchange Commission, the Justice Department, the IRS, Homeland Security and any other agency that will eventually get in on the action.

Just so you know, I didn’t start this latest skirmish with the bitcoin, uh, let’s call them “enthusiasts.”

Mario Draghi, head of the European Central Bank started it when he said recently: “Cryptocurrencies or bitcoins, or anything like that, are not really currencies — they are assets. A euro is a euro — today, tomorrow, in a month — it’s always a euro. And the ECB is behind the euro. Who is behind the cryptocurrencies? So they are very, very risky assets.”

Federal Reserve Chairman Jerome Powell has said pretty much the same thing. “There are investor and consumer protection issues as well” with bitcoins, Powell told the House Financial Services Committee a year ago.

Powell also said cryptocurrencies are not real currencies because they have no intrinsic value.

I’ve said the same thing when a bitcoin was selling for $20,000. And still was saying it when it plunged to $4,000. Its real worth: $0.

Legendary investor Warren Buffett called bitcoin “rat poison squared.” And Berkshire Hathaway Vice Chairman Charlie Munger said trading in cryptocurrencies is “just dementia.”

Jamie Dimon, head of JPMorgan Chase, has called bitcoin a “fraud,” although he has since backed off that view. Dimon was probably getting pressure from his company’s traders, who figure they can make a quick score before bitcoin collapses.

But there are simple means for settling this: investigations. Do them now, before gullible investors take another hit like they did when bitcoin fell from $20,000.

An analyst named Tom Lee, of little-known Fundstrat Global Advisors, seems to be going to heroic lengths to promote bitcoin. He should be the first to be asked his opinion and how much of his own money is invested in the crypto market.


nouriel, is that you?  Grin



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May 28, 2019, 12:33:40 PM

Quote
Users from the following countries will not be able to participate in token sales on the Binance Launchpad platform: Albania, Belarus, Bosnia & Herzegovina, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, Cuba, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova,Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe, Afghanistan, Burundi, Canada, Cambodia, Ethiopia, Guinea-Bissau, Guinea, Kyrgyzstan, Laos, Malawi, Malaysia, Mali, Mozambique, New Zealand, Sri Lanka, Tanzania, Thailand, Timor-Leste, Trinidad & Tobago, Tunisia, Turkmenistan, Uganda, United States of America (USA), Uzbekistan.
us, nz, ca in fine company there. some of the most civilised places on the planet.


why do they get protected from scamcoin sales, but we do not?  Cheesy
because they do not have any money
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May 28, 2019, 12:36:32 PM

do we have WO residents participating in whalepool telegram chat?

we can make a telegram group too.. you know.. to make the arrangements for the 100k party. My vote goes to make it in Cayman Islands.  Grin
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May 28, 2019, 12:38:57 PM

https://nypost.com/2019/05/22/bitcoin-manipulation-madness-calls-for-massive-investigation/



found this gem. folks, if you are ready for some kind words of a NYP author then lean back, grab a beer and/or joint and enjoy the show.


Quote
The US, the European Union and China need to investigate who is behind the manipulation of bitcoin’s price.

And since I happen to know Donald Trump and I also happen to know that the president reads my column regularly, that’s what I’m suggesting right now. No need to even make a phone call.

As I’ve said before, bitcoin is nothing more than a confidence game. It’s worth nothing if people suddenly lose their confidence in this fake digital currency. It’s backed by nothing. It’s the definition of a con.

That’s why people who are propping up bitcoin lose their minds whenever someone like me writes anything negative about it. That’s what happened on Tuesday.

Thanks, folks, for all the e-mails and tweets. Keep them coming!

I’ll keep them handy because I am sure that every one of these writers will be thrilled to defend bitcoin in front of investigators from the Securities & Exchange Commission, the Justice Department, the IRS, Homeland Security and any other agency that will eventually get in on the action.

Just so you know, I didn’t start this latest skirmish with the bitcoin, uh, let’s call them “enthusiasts.”

Mario Draghi, head of the European Central Bank started it when he said recently: “Cryptocurrencies or bitcoins, or anything like that, are not really currencies — they are assets. A euro is a euro — today, tomorrow, in a month — it’s always a euro. And the ECB is behind the euro. Who is behind the cryptocurrencies? So they are very, very risky assets.”

Federal Reserve Chairman Jerome Powell has said pretty much the same thing. “There are investor and consumer protection issues as well” with bitcoins, Powell told the House Financial Services Committee a year ago.

Powell also said cryptocurrencies are not real currencies because they have no intrinsic value.

I’ve said the same thing when a bitcoin was selling for $20,000. And still was saying it when it plunged to $4,000. Its real worth: $0.

Legendary investor Warren Buffett called bitcoin “rat poison squared.” And Berkshire Hathaway Vice Chairman Charlie Munger said trading in cryptocurrencies is “just dementia.”

Jamie Dimon, head of JPMorgan Chase, has called bitcoin a “fraud,” although he has since backed off that view. Dimon was probably getting pressure from his company’s traders, who figure they can make a quick score before bitcoin collapses.

But there are simple means for settling this: investigations. Do them now, before gullible investors take another hit like they did when bitcoin fell from $20,000.

An analyst named Tom Lee, of little-known Fundstrat Global Advisors, seems to be going to heroic lengths to promote bitcoin. He should be the first to be asked his opinion and how much of his own money is invested in the crypto market.


nouriel, is that you?  Grin





Read it some time (?days? weeks?) ago. I think I stopped reading at this: "And since I happen to know Donald Trump and I also happen to know that the president reads my column regularly, that’s what I’m suggesting right now. No need to even make a phone call."

Yeah, because you don't even need to call your pal "donnie"... he is just permanently looking for the slightest signal from you to act on your command.

Clown.
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May 28, 2019, 12:44:51 PM

do we have WO residents participating in whalepool telegram chat?

we can make a telegram group too.. you know.. to make the arrangements for the 100k party. My vote goes to make it in Cayman Islands.  Grin

I stand by my vote of Vegas (in summer). The place was basically built from scratch to host the $100K summit/party.
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May 28, 2019, 12:54:28 PM

https://nypost.com/2019/05/22/bitcoin-manipulation-madness-calls-for-massive-investigation/



found this gem. folks, if you are ready for some kind words of a NYP author then lean back, grab a beer and/or joint and enjoy the show.


Quote
The US, the European Union and China need to investigate who is behind the manipulation of bitcoin’s price.

And since I happen to know Donald Trump and I also happen to know that the president reads my column regularly, that’s what I’m suggesting right now. No need to even make a phone call.

As I’ve said before, bitcoin is nothing more than a confidence game. It’s worth nothing if people suddenly lose their confidence in this fake digital currency. It’s backed by nothing. It’s the definition of a con.

That’s why people who are propping up bitcoin lose their minds whenever someone like me writes anything negative about it. That’s what happened on Tuesday.

Thanks, folks, for all the e-mails and tweets. Keep them coming!

I’ll keep them handy because I am sure that every one of these writers will be thrilled to defend bitcoin in front of investigators from the Securities & Exchange Commission, the Justice Department, the IRS, Homeland Security and any other agency that will eventually get in on the action.

Just so you know, I didn’t start this latest skirmish with the bitcoin, uh, let’s call them “enthusiasts.”

Mario Draghi, head of the European Central Bank started it when he said recently: “Cryptocurrencies or bitcoins, or anything like that, are not really currencies — they are assets. A euro is a euro — today, tomorrow, in a month — it’s always a euro. And the ECB is behind the euro. Who is behind the cryptocurrencies? So they are very, very risky assets.”

Federal Reserve Chairman Jerome Powell has said pretty much the same thing. “There are investor and consumer protection issues as well” with bitcoins, Powell told the House Financial Services Committee a year ago.

Powell also said cryptocurrencies are not real currencies because they have no intrinsic value.

I’ve said the same thing when a bitcoin was selling for $20,000. And still was saying it when it plunged to $4,000. Its real worth: $0.

Legendary investor Warren Buffett called bitcoin “rat poison squared.” And Berkshire Hathaway Vice Chairman Charlie Munger said trading in cryptocurrencies is “just dementia.”

Jamie Dimon, head of JPMorgan Chase, has called bitcoin a “fraud,” although he has since backed off that view. Dimon was probably getting pressure from his company’s traders, who figure they can make a quick score before bitcoin collapses.

But there are simple means for settling this: investigations. Do them now, before gullible investors take another hit like they did when bitcoin fell from $20,000.

An analyst named Tom Lee, of little-known Fundstrat Global Advisors, seems to be going to heroic lengths to promote bitcoin. He should be the first to be asked his opinion and how much of his own money is invested in the crypto market.


nouriel, is that you?  Grin





 It can't be Nouriel; not enough hyperbole.
 Let's just see which unravels more quickly, The European Union (hence the Euro) or Bitcoin.

 
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May 28, 2019, 01:06:48 PM

LFC_Bitcoin
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May 28, 2019, 01:07:28 PM

do we have WO residents participating in whalepool telegram chat?

we can make a telegram group too.. you know.. to make the arrangements for the 100k party. My vote goes to make it in Cayman Islands.  Grin

I stand by my vote of Vegas (in summer). The place was basically built from scratch to host the $100K summit/party.

I’m up for that. Been three times a loved it every single time.
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May 28, 2019, 01:09:55 PM

New money Tuesday?
After a bank holiday in the US yesterday, US wires should be hitting the exchanges right now.
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May 28, 2019, 01:11:09 PM

do we have WO residents participating in whalepool telegram chat?

we can make a telegram group too.. you know.. to make the arrangements for the 100k party. My vote goes to make it in Cayman Islands.  Grin

I stand by my vote of Vegas (in summer). The place was basically built from scratch to host the $100K summit/party.

I’m up for that. Been three times a loved it every single time.
Never been but I think I need to start a W/O Twitte, get the BAT acceptance on it, have everyone donate their free BAT from brave convert it to BTC and put it in a publicly known address and use it as a beer/liquor fund for the party or we could divy it out back to the W/O members. (It wouldn't be much though fair warning.)
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