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Question: 8/16 Closing Price (yeah, it's a Sunday):
0 - 2 (3.9%)
<$10,500 - 3 (5.9%)
$10,500-$11,000 - 1 (2%)
$11,001-$11,500 - 5 (9.8%)
$11,501-$12,000 - 11 (21.6%)
$12,000-$12,500 - 17 (33.3%)
>$12,500 - 10 (19.6%)
>$20,000 - 2 (3.9%)
Total Voters: 51

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21822334 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.)
HairyMaclairy
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June 03, 2019, 09:35:50 AM

Have you turned into some sort of BCH shill while I wasn't watching?
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Ibian
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June 03, 2019, 09:40:22 AM

Have you turned into some sort of BCH shill while I wasn't watching?
People have been accusing me of that for what is it years now? Maybe get your eyesight checked.
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June 03, 2019, 09:57:23 AM

Wait, so Bitcoin has 'developers' that can play God and alter my digital shitcoins in ways that I don't want?  What happens when the developer does this to my physical metals??? Oh wait....they can't!  Which is one reason metals are money and Bitcoin isn't.

Well both are water proof but I sure wouldn't want to swim with very much metal.   The time for metals to be a store of value is quickly passing.
HairyMaclairy
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June 03, 2019, 09:57:55 AM

No thanks Roach.  I have my steak rare not well done with ketchup. 
realr0ach
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June 03, 2019, 10:03:29 AM

Wait, so Bitcoin has 'developers' that can play God and alter my digital shitcoins in ways that I don't want?  What happens when the developer does this to my physical metals??? Oh wait....they can't!  Which is one reason metals are money and Bitcoin isn't.

Well both are water proof but I sure wouldn't want to swim with very much metal.   The time for metals to be a store of value is quickly passing.

Nice try, Larry Summers.  Kind of easy to spot the kike shills nowadays when they claim metals are a "barbarous relic".  The last time they made the barbarous relic claim they went up 10x shortly after.  Gold price when this "barbarous relic" paper was posted?  Around $200:

https://www.nber.org/papers/w6436
El duderino_
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June 03, 2019, 10:06:20 AM

Thx XhomerX for the NEW HAT for our journey into the 9K’s love it!!!!

*uploading Roll Eyes
El duderino_
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June 03, 2019, 10:07:54 AM

via Imgflip Meme Generator

Awesome !!!!

Ibian
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June 03, 2019, 10:13:48 AM

The problem with metals, besides that I can't buy a jug of milk with it, is that tyrannical states can and will just take it. Metals are for the rebuilding phase, not the purge phase. And bitcoin is for getting a safe distance while it all blows over.
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June 03, 2019, 10:21:50 AM

The problem with metals, besides that I can't buy a jug of milk with it, is that tyrannical states can and will just take it. Metals are for the rebuilding phase, not the purge phase. And bitcoin is for getting a safe distance while it all blows over.

Get off the drugs.  It's far easier for the state to make Bitcoin unusable than metals.  And confiscating metals is even less feasible than confiscating guns.  Even Shlomo Nakamoto says Bitcoin is useless vs state actors.
Ibian
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June 03, 2019, 10:36:13 AM

The problem with metals, besides that I can't buy a jug of milk with it, is that tyrannical states can and will just take it. Metals are for the rebuilding phase, not the purge phase. And bitcoin is for getting a safe distance while it all blows over.

Get off the drugs.  It's far easier for the state to make Bitcoin unusable than metals.  And confiscating metals is even less feasible than confiscating guns.  Even Shlomo Nakamoto says Bitcoin is useless vs state actors.
Then you don't understand the tech, or politics, or both. Bitcoin is global. Somewhere is going to be fine with it, even if your local corner of the world ain't. And if you are not willing to leave a soviet-level state, then that's entirely on you.
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June 03, 2019, 10:40:09 AM

The problem with metals, besides that I can't buy a jug of milk with it, is that tyrannical states can and will just take it. Metals are for the rebuilding phase, not the purge phase. And bitcoin is for getting a safe distance while it all blows over.

Get off the drugs.  It's far easier for the state to make Bitcoin unusable than metals.  And confiscating metals is even less feasible than confiscating guns.  Even Shlomo Nakamoto says Bitcoin is useless vs state actors.
Then you don't understand the tech, or politics, or both. Bitcoin is global. Somewhere is going to be fine with it, even if your local corner of the world ain't. And if you are not willing to leave a soviet-level state, then that's entirely on you.

Because it's so useful if the G7 or G20 banned Bitcoin but someone in North Korea has a 486 with the magical ledger of imaginary, valueless tokens on it!  The state can easily destroy and prevent the use of Bitcoin because running a police state in the digital world is cheap and cost effective (see Facebook, Twitter, the nation of China) while running a police state in the physical world requires orders of magnitude more resources.  Pretending it's harder to stop Bitcoin than metals is a flat out lie.  They require the govt's own infrastructure to even work at all.
LFC_Bitcoin
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June 03, 2019, 10:58:22 AM
Merited by El duderino_ (1)

Wait, so Bitcoin has 'developers' that can play God and alter my digital shitcoins in ways that I don't want?  What happens when the developer does this to my physical metals??? Oh wait....they can't!  Which is one reason metals are money and Bitcoin isn't.

Have you ever bought anything with physical silver or good?
Metals were used as money hundreds of years ago. Physical metals are primarily a store of value now.

Imagine going into a grocery store & trying to buy stuff with silver Grin
That will never change in our lifetime.
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June 03, 2019, 11:01:49 AM
Merited by LFC_Bitcoin (1)

Wait, so Bitcoin has 'developers' that can play God and alter my digital shitcoins in ways that I don't want?  What happens when the developer does this to my physical metals??? Oh wait....they can't!  Which is one reason metals are money and Bitcoin isn't.

Have you ever bought anything with physical silver or good?
Metals were used as money hundreds of years ago. Physical metals are primarily a store of value now.

Imagine going into a grocery store & trying to buy stuff with silver Grin
That will never change in our lifetime.

As Will never ever change, you can’t cut silver in instant small pieces to pay and change or whatever, BTC of-course all is possible with
gappie
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June 03, 2019, 11:10:33 AM

Actually 2011 vintage, but who is counting.

Congrats on hitting that Jr. Member Milestone!

Try for full member by 100k plz

2011.  Nice.   Care to share your Bitcoin genesis story?  How did you hear about BTC in 2011?

To be completely honest, I can't remember exactly! I wish I could remember on what day and how I heard of it first. I know it must have been on the Internet, but I also recall seeing some news segment on cnn tech show possibly around there. I went straight into research mode and bought my first soon after using PayPal. Got scammed on my first attempt and almost gave up. In my country the only option was PayPal and the otc market on bitcointalk.
Last of the V8s
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June 03, 2019, 11:16:15 AM

... numerous people shilling FOR Bitcoin like Last of the V8s and the Popescu cult all believe the segwit coins will become anyone can spend and anyone using a segwit address will lose everything?  ...
I've never said this.
 'anyonecanspend' means even a non-segwit node can spend, if they have the valid signature.
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June 03, 2019, 11:16:31 AM

The problem with metals, besides that I can't buy a jug of milk with it, is that tyrannical states can and will just take it. Metals are for the rebuilding phase, not the purge phase. And bitcoin is for getting a safe distance while it all blows over.

Yep:

https://bitcointalk.org/index.php?topic=178336.msg49462057#msg49462057
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June 03, 2019, 11:17:50 AM
Merited by LFC_Bitcoin (1)

Yeah true Smiley

And there'll be lots of bored and blousy sales reps and HR lasses who'll be utterly enchanted by all these sweaty, twitching men staring at charts on their phones.

There should be a huge screen available which shows the Bitstamp price the whole night. Could do shots betting on the 15min candles going up or down. WO drinking games!

Wait, so Bitcoin has 'developers' that can play God and alter my digital shitcoins in ways that I don't want?  What happens when the developer does this to my physical metals??? Oh wait....they can't!  Which is one reason metals are money and Bitcoin isn't.

Have you ever bought anything with physical silver or good?
Metals were used as money hundreds of years ago. Physical metals are primarily a store of value now.

Imagine going into a grocery store & trying to buy stuff with silver Grin
That will never change in our lifetime.

As Will never ever change, you can’t cut silver in instant small pieces to pay and change or whatever, BTC of-course all is possible with

When I am fleeing the country I rather have a trezor up my ass than a few gold/silver bars Grin
Phil_S
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June 03, 2019, 11:22:05 AM

When I am fleeing the country I rather have a trezor up my ass than a few gold/silver bars Grin

In that case, I would recommend Ledger.
Paashaas
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June 03, 2019, 11:25:26 AM

Bitmex set to reduce BItcoin fees with Liquid sidechain and Segwit.

https://bitcoinist.com/bitcoin-liquid-bitmex-scaling-segwit/
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June 03, 2019, 11:26:34 AM
Last edit: June 03, 2019, 12:00:35 PM by realr0ach

Imagine going into a grocery store & trying to buy stuff with silver Grin

As if people don't already use metal coins every single day already and have done so for the last 5000 years.  All metals revaluation does is give you options of higher denomination coins.  In any type of metals system it's never just gold only that's used, it's gold, silver, and copper.  Post metals revaluation would look something like this:

$10,000 1 oz gold
$5,000   1/2 oz gold
$1000    1/10th oz gold
$500      1/20th oz gold

$200 1 oz silver
$100 1/2 oz silver
$20   1/10th oz silver
$10   1/20th oz silver

$2       1 oz copper
$1       1/2 oz copper
$0.20  1/10th oz copper
$0.10  1/20th oz copper

Pennies pre-metals revaluation currently cost something like 1.8 cents to make.  They would probably use aluminum coins or something for coin denominations below copper like the penny.  That was the lowball estimate for silver. It's also possible silver could be a lot higher at something like 20:1 GSR with:

$500   1 oz silver
$50     1/10th oz silver
$25     1/20th oz silver

$5        1 oz copper
$2.50   1/2 oz copper
$0.50   1/10th oz copper
$0.25   1/20th oz copper

In the lowball figure, silver is still a +13.5x while gold is a +7.7x.  In the highball figure, silver is +33x vs gold's 7.7x.  If you used the lowball figure, you would likely pay 1/20th an ounce of silver for a pizza and the price would remain the same for decades.  If you tried to price the pizza in Bitcoin...it's not even possible to have anywhere near a remotely stable price in Bitcoin over a short period let alone decades, which is another reason it's useless as money and is just a Ponzi scheme.
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