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Question: Price prediction for the May 21 weekly close:
<$20,000 - 4 (5.7%)
$20,000 - $22,000 - 0 (0%)
$22,000 - $24,000 - 2 (2.9%)
$24,000 - $26,000 - 3 (4.3%)
$26,000 - $28,000 - 7 (10%)
$28,000 - $30,000 - 11 (15.7%)
$30,000 - $32,000 - 15 (21.4%)
$32,000 - $34,000 - 7 (10%)
$34,000 - $36,000 - 6 (8.6%)
$36,000 - $38,000 - 1 (1.4%)
$38,000 - $40,000 - 2 (2.9%)
>$40,000 - 12 (17.1%)
Total Voters: 70

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25618253 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. (160 posts by 2 users with 9 merit deleted.)
TheNewAnon135246
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July 25, 2019, 06:42:22 AM
Merited by JayJuanGee (1), nutildah (1)

I knew it, the GOOSE, is SATOSHI Cheesy


Kleiman v. Wright Case Update: Man From Belgium Tells Judge He Is Satoshi

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“I hereby testify, by written letter — I am the genuine and only originator/creator of the genesis block of the Bitcoin blockchain. I used the handle Satoshi Nakamoto and mail Satoshin@GMX.com to write and publish the whitepaper bitcoin.”

https://cointelegraph.com/news/kleiman-v-wright-case-update-man-from-belgium-tells-judge-he-is-satoshi

Mic...

Satoshi accidently posted his IP once, which showed he was in the California area at the time.

Edit: source
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JayJuanGee
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July 25, 2019, 06:53:00 AM

@JJG - I remember well in 2014 you were sitting on incredible losses, I think you were even worse in the red than me Cheesy


I am not sure if I like the word "losses", but I get what you are saying, so surely towards the end of 2014 beginning of 2015, that was towards the worst time of my own average cost per BTC in comparison to the then price.  So I believe that towards the end of 2014, my average cost per BTC was in the $550 territory, and that was when the BTC price first started dipping below $200, so yeah, I was maybe in the 65% negative territory.  I had some other emergency situation that happened at that time too that ruined my cashflow, so between about February 2015 and May 2015, was not really able to take advantage of relatively low BTC prices and to buy BTC.  There were some people telling me to sell a portion of my BTC during that time in order to meet some of my cashflow obligations, but I got through the period and began to buy small amounts of BTC again in June-ish.  So by the end of 2015, my average cost per BTC was in about the $500 range and maybe even dipping below $500, and we know that at the end of 2015 price shot up to $500 and then took a break for about 6 months before going above $500 again at the end of May 2016.  Pretty much it was unambiguously clear that I was "in profits" after the May 2016 break above $500.

I was at a 50% loss of total investment in 2014 through to early 2015.

Yeah, but pretty much the whole of 2015 stayed in a price trough, and late 2014 was the beginning of the shock of that situation.  I've said it before, but there were so many price dips in 2014 and I had pretty much thought that the bottom was in in the $380s towards the end of 2014, but it ended up that we got nearly another halvening of the BTC price, and ended up largely bouncing between $220 and $280 for the vast majority of 2015.


It’s really cool to be on the same journey for a similar amount of time to a lot of people now.

Maybe some of us are becoming OGs, even though there are some older timers than us who have been able to hang onto a decent portion of their coins.  There are some OGs in our era and even older OGs who have not been able to hang onto a decently size portion of their cheaper acquired BTC stash.


I’ll have to recalculate my total investment to unrealised profit again later & let you know how many x I am in profit now because it’s changed a bit now. I’ve invested another $20,000 into BTC since the crash from $19,xxx.

My averages move too, and I am frequently doing a bit of a ballpark.  I am surely not trying to exaggerate my gains, so if anything, I will try to account for any expenses that I might have along the way in order to give some fair renditions of my overall average cost per coin.  Furthermore, sometimes i will make some kinds of screw ups that cause my average cost per BTC to go up, but thereafter, I will trade sell on the way up and buy on the way down, and overall, those transactions do seem like they end up bringing my average cost per BTC back down.  By the way, regarding my selling about 3.5% my stash in November 2018 and then subsequently buying 25% or more back, I provide a kind of ballpark for how that played out, but some time in the future, I may have to go through the situation with a more fine toothed comb in order to really provide an accounting that I believe to be more representative in terms of how my average cost per coin is affected and the extent to which I might consider some of those coins to have just been completely removed from the game (which because of timing is how it shows up on my taxes).



@JJG - I remember well in 2014 you were sitting on incredible losses

Might get to see a repeat of that.  The average man on the street is completely tapped out.  The millenial generation supposedly has 40% less wealth than the previous generation did at the same age.  I wouldn't be surprised if that figure was low-balled and they have even less.  In other words, there is nobody that exists to take the other side of the trade and be the greater fool to buy imaginary, valueless, digital scamcoins.
JayJuanGee's only hope is literally for Jamie Dimon himself to be the greater fool and come in and buy digital shitcoins from him.  What could go wrong?

Seems as if I have better hopes and options than that, especially since I did not sell all of my coins in the $700 arena.  I got a pretty decent cushion, and let's see how it plays out... Roach wants to compete regarding this? 

I understand that you are a lot of doom and gloom in regards to bitcoin, so you want to scare people off of bitcoin, right?

I believe that you are giving too much power to the interwebs, and this thread.  I doubt that anything that we really do is going to matter.  Bitcoin is likely going to continue to attract value and some of that will come from gold, no?  What do you want to compare bitcoin?  Gold, silver, some amalgamation?  I bet that bitcoin beats gold on a 2 year time line and then on a 5 year time line, and I am not sure if it matters from there, no?  We have to reassess our investments from time to time, so none of us should be completely locked in for more than 5 years, are we?  We should have some flexibility to reapportion every 5 years or 5 years into the future-ish, no?
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July 25, 2019, 06:59:08 AM

I randomly found that old post of mine from since the last pump started, reminding me how the ones fighting BTC in order to tame it are playing the people.

If this graph is correct, then this is going to be another disaster,
https://coinlib.io/global-crypto-charts#global_money_flow

As long as people trade their real Bitcoins with paper TetherUSD, whoever controls Tether can control BTC's price.
I suppose this difference of flow between fiat (USD, EUR, Yuan etc) and TUSD isn't that huge, but I didn't remember to look at it a few days before when the rally started.

I don't know if using alts would bring any benefit since the prices are still tied with BTC's price, maybe having like 5 to 10 different coins with no correlation to one another and banning USDT and other fiat-supported fake coins from exchanges would help.
Unfortunately the main users of crypto are people with little or no idea on how economies and the leaders of this world operate. Sure, there are some exceptions, but even among the whales there are many who became whales by accident and not by knowledge and skills.

I'm sorry for being pessimistic, I guess I kinda feel we're doomed! Yet, I'll keep on holding!! Grin
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July 25, 2019, 07:00:10 AM

Satoshi accidently posted his IP once, which showed he was in the California area at the time.

Good luck getting the 'real' Satoshi to show itself on the verge of people claiming the price is going to $100k - $1 million a coin while only having a $3k cost of production or $6k post halving.  Meaning it's completely impossible without mining expanding so much that it would use more power than every nation on earth.  So it either fails to generate the Ponzi profits people claim then goes into a death spiral leaving everyone homeless, or every square inch of the world is covered in ASIC miners and instantly banned.  Either way he would be facing a firing squad as the Ponzi comes to a conclusion one way or another.
JayJuanGee
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July 25, 2019, 07:07:46 AM

This is why Aristotle says money is required to be a physical commodity.

I did not know that Aristotle was able to foresee bitcoin and  to account for the resolution of the byzintine general's problem....

Bitcoin does not solve Byzantine generals because the basis of Byzantine generals is really just a Sybil attack and Bitcoin is not, and has never been Sybil proof when it's possible for the same guy to own every mining pool on earth in secrecy.  A single guy can therefore be operating right out in the open in a 51%+ attack state in perpetuity.  This has likely been the real world case for a good duration of Bitcoin's existence with the Bitmain monopoly and ownership of more than one pool, and secretly stashing hash power in different pools.

To attempt to fix this problem, you would need to use the Andrew Miller idea of non-outsourceable puzzle box to prevent the use of pools at all.  In that scenario, there would be more incentive for large hash rate actors to keep their hash rate pooled in the same place instead of diffusing it and would be more easy to identify, but since they can still selectively hide their resources in multiple locations to operate wide out in the open as a 51%+ monopoly, essentially colluding with themselves - Sybil - Bitcoin would still not solve Byzantine generals.  

It's 100% impossible to create a decentralized digital currency for numerous reasons such as this, from transaction validators being designed to centralize, to being unable to even check how centralized they are.

O.k.  makes sense.  Therefore, Aristotle was right.  It's gotta be physical or no gonna work.

TLDR:  Bitcorn ded.

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July 25, 2019, 07:18:16 AM

I randomly found that old post of mine from since the last pump started, reminding me how the ones fighting BTC in order to tame it are playing the people.

If this graph is correct, then this is going to be another disaster,
https://coinlib.io/global-crypto-charts#global_money_flow

As long as people trade their real Bitcoins with paper TetherUSD, whoever controls Tether can control BTC's price.
I suppose this difference of flow between fiat (USD, EUR, Yuan etc) and TUSD isn't that huge, but I didn't remember to look at it a few days before when the rally started.

I don't know if using alts would bring any benefit since the prices are still tied with BTC's price, maybe having like 5 to 10 different coins with no correlation to one another and banning USDT and other fiat-supported fake coins from exchanges would help.
Unfortunately the main users of crypto are people with little or no idea on how economies and the leaders of this world operate. Sure, there are some exceptions, but even among the whales there are many who became whales by accident and not by knowledge and skills.

I'm sorry for being pessimistic, I guess I kinda feel we're doomed! Yet, I'll keep on holding!! Grin

Yes, I felt as if we were doomed since getting into bitcoin, but for some reason BTC prices keep going up.

Hopefully you will not get shaken from your BTC by worrying about irrelevant bullshit such as tether fud claiming manipulation.
JayJuanGee
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July 25, 2019, 07:19:23 AM

Satoshi accidently posted his IP once, which showed he was in the California area at the time.

Good luck getting the 'real' Satoshi to show itself on the verge of people claiming the price is going to $100k - $1 million a coin while only having a $3k cost of production or $6k post halving.  Meaning it's completely impossible without mining expanding so much that it would use more power than every nation on earth.  So it either fails to generate the Ponzi profits people claim then goes into a death spiral leaving everyone homeless, or every square inch of the world is covered in ASIC miners and instantly banned.  Either way he would be facing a firing squad as the Ponzi comes to a conclusion one way or another.

You and Mnuchin gonna end this bitcoin thingie-ma-jiggie, right?
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July 25, 2019, 07:36:59 AM

when will BTC price superpass no. of  WO pages?
 Undecided Huh Roll Eyes
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July 25, 2019, 07:49:20 AM

You and Mnuchin gonna end this bitcoin thingie-ma-jiggie, right?

Most of the big moneychangers on earth at places like the squid are aware of my posts.  All of these people were hesitant about digital shitcoins in the first place because they're already wealthy and have no desire in being fleeced by a fly by night scam.  They worked hard to steal it all, you know?  

Since I'm one of the few people capable of explaining these things in non-jibberish form, pretty much everyone now knows none of these things have any actual fundamentals and are all just pump and dump scams.  They are therefore hostile towards being coerced into them with any of their own money when things like silver and gold are in inverse bubbles and a no-brainer to buy instead.  Nobody that already has any sort of money wants to play Russian roulette buying digital shitcoins in a momentum trade that can go catastrophically bad due to zero fundamentals when there's easy asymmetric trades at hand. 
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July 25, 2019, 07:51:44 AM

when will BTC price superpass no. of  WO pages?
 Undecided Huh Roll Eyes

Events to celebrate:

1. WO page parity
2. 100K BTCUSD
3. WO Post parity
4. Gold Parity (BTC capitalisation equals Gold Capitalisation).

This is more or less in inverse order of relevance to me!
Hopefully 1 comes before 2 and 3 before 4!
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July 25, 2019, 08:00:58 AM

when will BTC price superpass no. of  WO pages?
 Undecided Huh Roll Eyes

You need the exact date& time man?  Grin
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July 25, 2019, 08:17:59 AM

when will BTC price superpass no. of  WO pages?

Going by the chart on the previous page, I'd say pretty soon.

ALL that text, in ALL those replies, that I DEFINITELY read, and VERY much enjoyed.

 Cheesy  Cheesy
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July 25, 2019, 08:23:45 AM

when will BTC price superpass no. of  WO pages?
 Undecided Huh Roll Eyes

It already did, for about one day, or less than one day if I recall correctly, that was on about December 17, 2017, when BTC prices surpassed $19,100 or something like that.  Price did not stay above page count for very long.

Oh?  You are asking about the next time that such a thing will happen?   Surely we need a sorcerer for that?  Maybe Mic could create a betting game for such a proposition to see who ends up being correct?  Or anyone else?  Inquiring minds want to know.  I am sure that members will wage their guess, even if no money is involved...
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July 25, 2019, 08:31:53 AM


555 means something! If you can't count 555 can



Merit for you jojo when I get some Smiley
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July 25, 2019, 08:32:36 AM

ALL that text, in ALL those replies, that I DEFINITELY read, and VERY much enjoyed.

 Cheesy  Cheesy

Yeah... you are about as genuine as the typical troll/shill who comes into this thread, acting like a newbie, but well schooled on your dumbass bitcoin naysaying or altcoin pumping talking points. 

In short, NOT much genuineness coming from your side of this... additionally, like a typical troll/shill you seem quite ready to avoid and avert the discussion of any of the more important points, as long as you can get back to finding some way to raise your silly-ass repetitive talking points.
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July 25, 2019, 08:49:13 AM
Merited by El duderino_ (2), JSRAW (2), BobLawblaw (1)

ALL that text, in ALL those replies, that I DEFINITELY read, and VERY much enjoyed.

 Cheesy  Cheesy

Yeah... you are about as genuine as the typical troll/shill who comes into this thread, acting like a newbie, but well schooled on your dumbass bitcoin naysaying or altcoin pumping talking points.  

In short, NOT much genuineness coming from your side of this... additionally, like a typical troll/shill you seem quite ready to avoid and avert the discussion of any of the more important points, as long as you can get back to finding some way to raise your silly-ass repetitive talking points.

Yeah there’s no way a genuine newbie comes straight to this thread & starts criticising bitcoin & questioning its use & future. It took me ages to discover this thread & start to enjoy it & feel a part of the WO Family.

This is a genuine noob 1st post (posted in Beginners & Help) -

Hi guys,

I'm new here but not particularly new to BTC.

I've been investing for just under 6 months & have so far amassed 8.75 BTC, I bought most of my coins when the price was around £350 (GBP) , unsure what that is in dollars but I'm at a pretty bad loss currently.

We're down to around £247 (GBP) as we speak, do I continue to invest in BTC or just hold what I've got?

I'm in a pretty healthy situation where the money I've invested so far isn't crucial to me, I live pretty comfortably so experts.......do I stay on 8.75 BTC or buy more gradually as I've done so far?

I'm not interested in selling.

Thanks in advance.

Edit - What an embarrassing noob I was Cheesy
And answer to the bolded - Yes I continued too invest, too fucking much Grin

Observing $10,1xx

The morning coffee & view of silicone is nice too Cheesy

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July 25, 2019, 08:58:22 AM

You and Trollgoossens stop posting pictures of bagles.  Post a picture of your physical silver stack.  Good floors, though.  Also one of the few people with a ball and chain that doesn't have a ridiculous looking, female decorated house. In Trollgoossen's pictures you can tell it's some sort of Barbie playhouse nightmare and he just exists there as a prop while she controls everything.
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July 25, 2019, 09:03:06 AM

You and Trollgoossens stop posting pictures of bagles.  Post a picture of your physical silver stack.

I was going to tell you this a while ago but I didn’t want to give you the satisfaction but I mentioned the forum to my Dad months ago & said there’s a guy who is into physical metals. My Dad has 0BTC but he told me he has significant investments in physical metals  Angry

Edit - r0ach, you might get double whammy food pics in August. We are hooking up with mic & his gf to party in Amsterdam Cheesy
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July 25, 2019, 09:12:14 AM

Btw I thing my friend told me at 350-ish = he Said imagine this thing could rise crazy high with only a 10% chance of succeeding.... Then you must invest, and for him the % of success where much higher but nontheless imo you already should invest with thinking this.... might be b00ze talking now, and F*** mindrust go all-in bro, be more happy with your wealth in BTC as in crypto especially when there are no unexpected costs looking around the corner.... 

Personally, it seems to me that mindrust has a pretty decent approach, even though sometimes i do not really agree with him, and also he seems to go through a quite a lot of emotional turmoil regarding what to do exactly, yet I believe that he maintains most of his sanity by keeping some funds in fiat rather than "going all in."   

I do recognize that a decent number of people do kick themselves on a regular basis asserting that they should have gone all in at time x or time y or time z, and they had the money to do so, but they did not have the balls.  Seems like those people would be easily shaken too, so even though each of us may have tendencies to second guess ourselves in this regard, we have to balance an investment strategy and approach for the present, and not regretting about the past, and our present assessment has to prepare ourselves at each present time for either UP or DOWN, so in that regard, it comes off as way too foolish in the gambling direction to be going "all in" or anywhere close to "all in" when a guy (or gal) is hardly even close to confident regarding bitcoin's price direction - short term, medium term or even trepidations about long term.

I do think mindrust absolutely knows what he's doing..... but just always waiting for again lower the then push the pedal and invest the total reserved amount of FIAT is just not how I would do (again thats just me) I would prefer to push forward at whatever reasonable good price moment instead of waiting for the 30-50% drop....
I also prefer to hold more in BTC as I hold in FIAT.... and if he would buy he's reserved FIAT in BTC then there is enough time to buy dips with fresh incoming FIAT afterwards ......

But you must feel very confident and feel good with holding FIAT in BTC whiteout being emotional touched by its swings.....
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July 25, 2019, 09:18:24 AM

~snip~

^@LFC

When I was a newbie here, I spent almost 8-10 months as a lurker.

And it looks like you changed so much in comparison from your last pic, some drastic changes I would say  Tongue , tattoo missing too.

PS: Accidentally refreshed the merit page  Grin
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