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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330574 times)
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Saint-loup
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July 12, 2019, 06:41:21 AM
Merited by JayJuanGee (1)

Trump is a living embodiment of the Dunning-Kruger effect. If his incompetence actually causes more eyes on crypto then that would be hilarious.

So it's more a Streisand effect than a DK effect  Tongue
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July 12, 2019, 06:44:45 AM
Last edit: July 12, 2019, 07:29:41 AM by VB1001

(Regarding the president's tweet)

At the time the Cypherpunks were working and struggling to maintain privacy and freedom in communications.
While we, the people, were happy (deceived again) by the arrival of freedom to the Internet ...
A few days ago I put a link to a new thread created: Cypherpunks 1992, but I did not receive any comments, neither here in WO, nor in the thread.
The last update contains a document by John Perry Barlow very interesting in my opinion, but unfortunately there is no solution.

A Declaration of the Independence of Cyberspace

The youngest ones possibly have no idea what I am talking about, but some old accounts WO I am sure that yes, I would appreciate them to publish their opinion, Cypherpunk movement, in the thread.

https://bitcointalk.org/index.php?topic=5163467.0

Thx.
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July 12, 2019, 06:56:15 AM


 Wink Wink

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July 12, 2019, 07:06:11 AM
Merited by nutildah (1), infofront (1)

Tulsi Gabbard or Yang are our best hopes for a Crypto/Bitcoin friendly president in 2020. Tulsi bought bags of ether and litecoin and Yang accepts Bitcoin for donations. I like Tulsi's antiwar ideals. Havent paid much attention to Yang past his freedom dividend which is the most insane piece of money printing any candidate has proposed yet so that would take us to the moon and beyond if by some miracle he pulled it off.

Trump is a hero in terms of printing money and devaluing the dollar which is Bullish, but a money printer in chief who was friendly towards Bitcoin would be the ultimate Moon bringer.

All paths lead to moon, even if I am still a bit short term bearish(short term as in next month and a half or so).

https://www.ccn.com/us-presidential-candidate-tulsi-gabbard-bought-crypto-at-height-of-bull-market/



Also for bonus points Tulsi is the only presidential candidate now or in the past off the top of my head that I would smash. If we are gonna have a woman president one day ffs she should be smashable, not a grizzled old war-troll.

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July 12, 2019, 07:18:13 AM


 Wink Wink



Just for clarification, Mahatma Gandhi never said this.
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July 12, 2019, 07:37:24 AM

Didn't see it, but if Nouriel was smarting, did Arthur boss him?

Not sure. Apparently Bitmex didn't release the first ten minutes because Nouriel creamed him with lots of screaming and swearing or something. There was a summary on r/bitcoinmarkets but Reddit is such a piece of shit you can't even find a post older than a few hours.

Ugh Reddit!

I saw the hype leading up to it, but didn't see a link to it since, I guess it was a let down; Nouriel is a venomous dick and Arther is an arrogant showman.  If you spot a link, I would take a look (but probably feel dirty afterwards).

This one?

https://www.youtube.com/watch?v=3etTQE504Jo


Thanks - I got the gist of it, glad it was a short clip, any more would have been painful!
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July 12, 2019, 07:40:24 AM



Duh!  No - you need to make a video, with lots of dominoes in it - all falling down, one after the other - you know, make everyone go 'Oooh' - they're really great!

Everyone here loves them, and the collective wealth here is in the billions.  We just get bored, so when someone wants something, we ask them to do something.  You suggested dominoes.  So dominoes it is.  I mean - can't you even get a few boxes of dominoes together? With all your marketing tenacity and 'go get 'em' attitude?

You certainly impressed me - I really hope so.  You know how to make a YouTube thingy, right?

I don't - I was born into a hugely rich family - but you sound like you do.

Sorry we are not Youtubers we just took advantage of the LiveStream Chats at that time, as you typed Bitcoin in the Chat enough times the name of the Coin got linked with the name of the channel. So when you searched Bitcoin in the Youtube search bar the biggest news stations poped up and that made people think various things about Bitcoin. Now this is disabled but there are other ways that we can do..

I am not really a domino guy and never owned them, but at the moment i just feel like you are Trolling me lol..



No, not trolling at all, I just like dominoes. Really.  And I don't really like places outside this thread.  It's sort of scary in other places, I get all nervy.

So you want 150 coins, but you won't do the video of the dominoes?  I would pay for the dominoes too, once you've done it...?
[/quote]

Well good for you that you like dominoes because i really do not like them lol. I figured that you like this thread..

Yes i want 150 Bitcoins or other CC equivalent to 150 BTC, alright since i am not banned yet with this account we drop it down to 100 BTC. I really would not like to waste time anymore and get on with the business and the idea i wish to realize.. So no i do not want to play with Dominoes & neither do i have the patience for the Dominoes. I like to Advertise and that is what i wanna do.. But since i will benefit every hodler i want to be paid for it before i commence Smiley
[/quote]

WOW bargain, but wait it might come down to 50? Im hodl
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July 12, 2019, 07:40:48 AM

Tulsi Gabbard or Yang are our best hopes for a Crypto/Bitcoin friendly president in 2020.


Average Americans are ready to accept a women president who follows Hinduism? A faith which is very much alien to the Western World.

About Mr. Yang. Quoting my post, didn't get any satisfactory answer yet.

@bluefirecorp_ Just out of curiosity. do you think that Americans are ready for Asian background candidate to lead their country as a President? Andrew Yang is American but culturally only. and it applies to another Asian politician as well, to name a few Bobby Jindal, Nikki Haley etc.
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July 12, 2019, 07:44:27 AM
Merited by Lambie Slayer (1)

Tulsi Gabbard or Yang are our best hopes for a Crypto/Bitcoin friendly president in 2020. Tulsi bought bags of ether and litecoin and Yang accepts Bitcoin for donations. I like Tulsi's antiwar ideals. Havent paid much attention to Yang past his freedom dividend which is the most insane piece of money printing any candidate has proposed yet so that would take us to the moon and beyond if by some miracle he pulled it off.

Trump is a hero in terms of printing money and devaluing the dollar which is Bullish, but a money printer in chief who was friendly towards Bitcoin would be the ultimate Moon bringer.

All paths lead to moon, even if I am still a bit short term bearish(short term as in next month and a half or so).

https://www.ccn.com/us-presidential-candidate-tulsi-gabbard-bought-crypto-at-height-of-bull-market/

Also for bonus points Tulsi is the only presidential candidate now or in the past off the top of my head that I would smash. If we are gonna have a woman president one day ffs she should be smashable, not a grizzled old war-troll.



I've long thought that a Bernie Sanders / Tulsi Gabbard ticket would be the dem's best chance for success against Trump. Apparently it would also be the best combo for bitcoin as well.

https://www.ccn.com/bernie-sanders-advisor-u-s-dollar-bitcoin/

Of course Bernie doesn't know much about bitcoin -- he's never said anything about it. But that's besides the point.
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July 12, 2019, 07:49:10 AM

Bitpoint Exchange Hacked for $32 Million in Cryptocurrency

Quote
Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked for $32 million in crypto assets.

According to a CoinDesk Japan report on Friday, Bitpoint halted all services including trading, deposit and withdrawal of all crypto assets on Friday morning after it noticed irregular withdrawal from its hot wallet on Thursday.

https://www.coindesk.com/japanese-exchange-bitpoint-hacked-by-32-million-worth-in-cryptocurrencies

Another exchange hacked.
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July 12, 2019, 07:55:05 AM

I've long thought that a Bernie Sanders / Tulsi Gabbard ticket would be the dem's best chance for success against Trump. Apparently it would also be the best combo for bitcoin as well.

https://www.ccn.com/bernie-sanders-advisor-u-s-dollar-bitcoin/

Of course Bernie doesn't know much about bitcoin -- he's never said anything about it. But that's besides the point.

You are one stupid motherfucker if you think voting for a Jewish communist is going to be any different from what happened when Jewish communists took over Russia - killed 20-40 million white Christians while they stole everything that wasn't nailed down and then imploded the country.  Of course your posts are all whiny BS complaining about racism, so you seem to be a Jew yourself.  It doesn't really matter what you neo-Marxists do or vote for, you would need to ban guns in the US to accomplish your Jewish Marxist takeoever and it's impossible.  Everyone will simply laugh at whatever 'orders' your Marxist leader tries to give.
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July 12, 2019, 07:55:17 AM

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Sometimes when older friends don’t know anything about BTC and certainly don’t understand me or anything what BTC is
Yeah I have seen those faces Cheesy
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July 12, 2019, 08:00:04 AM

This user is currently ignored.

What's roach talking about now? How great the sunshine feels on your face when trekking through the great outdoors? How he loves the faces his puppy makes when he gives it a bath? Probably something equally as pleasant, I'm sure.
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July 12, 2019, 08:09:50 AM

Bitpoint Exchange Hacked for $32 Million in Cryptocurrency

Quote
Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked for $32 million in crypto assets.

According to a CoinDesk Japan report on Friday, Bitpoint halted all services including trading, deposit and withdrawal of all crypto assets on Friday morning after it noticed irregular withdrawal from its hot wallet on Thursday.

https://www.coindesk.com/japanese-exchange-bitpoint-hacked-by-32-million-worth-in-cryptocurrencies

Another exchange hacked.
Some people never learn...

Not your keys, not your bitcoin.
Don't hold funds on exchanges
If you really have to hold fund on an exchange, do so only for the time strictly required
HODL, don't trade
Use only big, reliable exchanges
....
....
....
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July 12, 2019, 08:19:16 AM

Tulsi Gabbard or Yang are our best hopes for a Crypto/Bitcoin friendly president in 2020.


Average Americans are ready to accept a women president who follows Hinduism? A faith which is very much alien to the Western World.

About Mr. Yang. Quoting my post, didn't get any satisfactory answer yet.

@bluefirecorp_ Just out of curiosity. do you think that Americans are ready for Asian background candidate to lead their country as a President? Andrew Yang is American but culturally only. and it applies to another Asian politician as well, to name a few Bobby Jindal, Nikki Haley etc.


In my life experience as an American I would say that Asians are easily the least controversial ethnic group in the eyes of pretty much every other ethnic group in America. The worst thing a bigot might hit them with is that they are a bad driver, but the President rarely drives any vehicle.  Cheesy

In summation, yes I would say America is ready for an Asian background leader all other things equal.
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July 12, 2019, 08:47:26 AM
Merited by JayJuanGee (1), El duderino_ (1)

...
You can play bitcoin investment matters however you like but it seems like a decently postured asymmetric bet .....

It has always been an asymetric bet.....but that understanding comes with recognition that it is a bet, and thus has a finite probability of failure.

Going to our probability calculations,  I now estimate a 65% chance we are in a bull market. The latest rally ironically reduced that probability, because it deviated so much from the previous shallow waves.

The move to 13.5k can either be seen as a demonstration of relative strength, or as a failed parabolic rally in a bear market, which is a much more bearish signal.

So, bull market 65%, bear market 35%.  My breakdown of that :

New AYH within weeks 25%, bounce from support (at $6.5k, $8.5k) 15%, extended sideways consolidation 25%.

Slow grind down from here to below $3k 20%, dump followed by pump to a lower high 10%, crash to deep lows (sub 2k) 5%.

Those percentages are likely not a whole hell of a lot different from my own, but I don't think that we bounce around from bull to bear to bull so easily, but I agree that sometimes it can be a bit difficult to know exactly what we are in, so it might not be that we are bouncing around but just not sure about where we are at.

Anyhow, pretty much after we broke above $4,200 on April 1 and then we went to $6k ish and largely stayed UP for a considerable amount of time, that caused me to conclude, at first tentatively, that we had returned to the bull market.  So going back to a bear market would require a decent amount of down for a decent amount of time, otherwise we are merely in a correction of a bullmarket.

So seems to be one of my criticisms  of you, majormax, in that you are wanting to pull the bear trigger too quickly, from my assessment.

I find it bullish as fuck that our correction from $13,880 has only been down to $9,614... so damned.. seems to be bullish to me, even if there seem to be some difficulties getting back above $13k and staying there... Could take a few more days, or it could take a month or two to get back above $13,880, but that still seems to be bullish to me, as long as we don't drop below $7k.  If we drop below $7k, then at that point, we can start talking about the possibility of bearish.. and even that would not necessarily be a given bearish, depending on context.


OK, fair analysis, I think.  Yes, the market is now/still in bull mode, until confirmed otherwise. My posts are usually trying to remind everyone (myself included !) that there are different possible directions at every point in the market ....no matter how sure an observer may be, there are constant surprises.

I think I am also liable to appear open to bear interpretation :

1. As a devils advocate to the perceived bullish consensus.

2. To avoid disappointment .

3. To remind us that patience is required.


I do agree that the action since 13.8k can be interpreted as  bullish (although I'm presenting the possible alternative as well).

The level of 13.8k is very important, because, as it was reached in an exponential spike, it forms very strong overhead resistance.  A decisive breach of 13.8  is less likely in the short term now.

However, if price did move strongly above that , it would indeed be the super-bullish signal.



I am attempting (maybe not succeeding)  to present a view which is neither bullish nor bearish.  The market is neither of those until proven/confirmed.
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July 12, 2019, 09:22:50 AM

Just saw the anti bitcoin Trump tweets. I’m surprised the price didn’t dump due to weak hands, I guess it just shows us that the market has matured so much. A couple of years ago that tweet would have made the price crash 30% or something.

Keep HODLING gentlemen!

Nobody is expecting Trump to say he is a fan of Bitcoin and is going to buy some  Grin The fact he is tweeting about it with a negative tone is actually a good advertise. Not many people like Trump in USA and especially abroad. And even his fans are aware of his economic ignorance. On the other hand, what the Federal Reserve Chairman Jerome Powell said, comparing Bitcoin with gold as a store of value, has a much bigger  significance. In short: he is an expert, while Trump is a n00b. Everyone knows it  Grin

The man was elected president and is a billionaire, FFs are you an idiot?
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July 12, 2019, 09:48:16 AM

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Sometimes when older friends don’t know anything about BTC and certainly don’t understand me or anything what BTC is
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LoL what is snake name sir, snake face looking man with smile  🐍
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July 12, 2019, 09:55:38 AM

Holy shit, Trump just tweeted a bunch of hater shit about Bitcoin and Crypto in general. Time to get this asswipe out of office. I used to like some of his actions, but fuck him and his USD shitcoin!

https://twitter.com/realDonaldTrump/status/1149472285905940480

"I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....

....Similarly, Facebook Libra’s “virtual currency” will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National...

...and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!"

Wow. Trump twittering about Bitcoin. Did not expect that to happen for a few more years. Expected when the world would collapse, but it did not (yet). If this is not a bullish sign what is? I am truly amazed there is so little impact. Wow.
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July 12, 2019, 10:04:47 AM

Quote
For example, the Koran says martyrs going to heaven will get ''hur,'' and the word was taken by early commentators to mean ''virgins,'' hence those 72 consorts. But in Aramaic, hur meant ''white'' and was commonly used to mean ''white grapes.''

Aramaic? I imagine the language is indeed related to Aramaic, but for all I know the Koran is written in Quranic Arabic. And some kind of fruit might be an image for female virginity, as it happens in other languages  - think cherry or peach.

Or maybe it's just a derpish sound, as in "Hur hur, fresh pussy, much many, hur hur!".
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