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Question: Highest price we'll see in 2022:
50,000 - 0 (0%)
60,000 - 0 (0%)
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80,000 - 0 (0%)
90,000 - 0 (0%)
100,000 - 0 (0%)
125,000 - 0 (0%)
150,000 - 0 (0%)
175,000 - 0 (0%)
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300,000 - 0 (0%)
>300,000 - 0 (0%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25525853 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. (158 posts by 14 users with 9 merit deleted.)
JSRAW
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August 06, 2019, 03:37:07 AM
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Japanese Crypto Exchange Bitpoint Restarting Trade Services

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Japanese crypto exchange Bitpoint is resuming some trading services following a $28 million hack in mid-July.

Bitpoint is re-opening cash deposits and withdrawals in fiat currencies on August 6th following a safety assessment of the exchange’s cryptocurrency wallet. According to CoinDesk Japan, the hacked wallet is no longer in use and therefore not under threat.

Margin trading services will begin August 9th. The exchange says margin trading utilizes a similar wallet to fiat withdrawals. Spot trading will open on August 13th.   
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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realr0ach
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August 06, 2019, 04:16:18 AM

HITLER TOOK THE GUNS
STALIN TOOK THE GUNS
TRUMP TOOK THE GUNS


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August 06, 2019, 04:23:47 AM

Listen, JayJuanGee, all you really need to know is the further you abstract money away from barter the bigger a scam it is.  Since humans practice specialization of labor, monetary units besides direct barter were needed.
The closest thing to barter without being barter to facilitate trade with specialization of labor is the trade of non-perishable physical commodities as money (silver, gold, copper, etc).  

Craptocurrency is abstracted WAY WAY WAY the fuck past barter in a dysfunctional, Keynesian, Rube Goldberg machine based on artificial scarcity that claims to be decentralized but has transaction validators that are designed to centralize and with built-in, rent seeking middlemen in every trade that you also have to ask permission to in order to even move your "coin".  

O.k... I will use your framework.... except I will presume that we are talking about bitcoin, and not folding shitcoins into such discussion, in spite of your dumbass inability to stay focused on bitcoin, you dumbass convolutor.

Bitcoin is way the fuck less abstracted away than physical metals such as gold and silver, because you can keep your bitcoin private keys within your personal possession if you so choose.  Therefore you do not rely on anybody for your security or storage or transportation or verification.  Of course, there is a system involving mining, verification and transactions and anyone can chose the degree to which they participate in that system, that has open source transparency regarding how it works including market based incentives.

Your security, storage, transportation and verification of your gold is a lot more complicated, especially these days and into the future when fewer and fewer people are likely going to be involved in such system, especially since they are continuing to be moving towards bitcoin... and you have a fucking BIG ass problem with both divisibility and liquidity.

Even if it was possible to create a decentralized digital currency - it's not, it's 100% impossible -

You don't know what the fuck you are talking about.  Bitcoin is the most decentralized of any value storage  system that we have ever had, and various forms of math including proof of work and difficulty adjustment help to facilitate the operation of such a system.

it would still be so far abstracted from barter that it would be an obvious Keynesian scam to anyone regardless.  

Again.. assumptions assumptions...   You want to assume that value has to be physical.. you are a dumb ass.  There is value in being able to transfer something across the world in minutes that is recognized as valuable on that side of the world.  So therefore, i have just transported value across the world with fairly little extra expense and I did not have to ask for the assistance of anyone because the bitcoin system allows for the transportation of bitcoin tokens on its system and if i have the tokens I can send them to myself, to you, or to somebody else or to multiple people at the same time... BIG or small transferrings of value... which is valuable in and of itself to be able to do that.

Such is the case with anything classified as currency - garbage based on artificial scarcity like US dollars, Bitcoins, Chuck E Cheese tokens, instead of physical commodity money like silver, gold, copper, etc.

Well, whether you say we can do it or not, we can do it.... .proof of the pudding is in the eating, and we can do it, right now today, if we want to do it and we have a party in which we want to transact with, whether with myself, with you, with someone else or some group or institution or government.. they just have to provide a receiving address.... and viola.. it happens today.. it is not a theory except that we are talking about a scenario that can be carried out right now and is being carried out on a regular basis that has been increasing for more than 10 years and increasing more in recent years (we have data on that, too and people are paying for such transactions and usage too.). 

It is not hypothetical..except that it is still evolving so how it will be used in the future is likely to merely be an extension of how it already can be used today.
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August 06, 2019, 04:38:20 AM

Japanese Crypto Exchange Bitpoint Restarting Trade Services

Quote
Japanese crypto exchange Bitpoint is resuming some trading services following a $28 million hack in mid-July.

Bitpoint is re-opening cash deposits and withdrawals in fiat currencies on August 6th following a safety assessment of the exchange’s cryptocurrency wallet. According to CoinDesk Japan, the hacked wallet is no longer in use and therefore not under threat.

Margin trading services will begin August 9th. The exchange says margin trading utilizes a similar wallet to fiat withdrawals. Spot trading will open on August 13th.   

These guys are comedians
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August 06, 2019, 04:44:02 AM

Japanese Crypto Exchange Bitpoint Restarting Trade Services

Quote
Japanese crypto exchange Bitpoint is resuming some trading services following a $28 million hack in mid-July.

Bitpoint is re-opening cash deposits and withdrawals in fiat currencies on August 6th following a safety assessment of the exchange’s cryptocurrency wallet. According to CoinDesk Japan, the hacked wallet is no longer in use and therefore not under threat.

Margin trading services will begin August 9th. The exchange says margin trading utilizes a similar wallet to fiat withdrawals. Spot trading will open on August 13th.   

These guys are comedians

I can't wait to sign up.
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August 06, 2019, 05:08:38 AM

A Battle Between Bitcoin Wallets Has Big Implications for Privacy

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Bitcoin privacy wallet Samourai announced last Thursday that its primary competitor, Wasabi Wallet, is the target of an ongoing network attack.

The blog post is the latest in a string of allegations Samourai has leveled against Wasabi since mid-July.

The attack, according to Samourai Wallet, resembles a Sybil attack, where a small number of users falsifies new identities and pretends to be much larger in number. This would mean that the anonymity set, or crowd, in which a user can hide their bitcoin transactions is not actually as large as Wasabi suggests.

https://www.coindesk.com/a-battle-between-bitcoin-wallets-has-big-implications-for-privacy
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August 06, 2019, 05:22:12 AM
Last edit: August 06, 2019, 05:42:57 AM by realr0ach

A Battle Between Bitcoin Wallets Has Big Implications for Privacy

https://www.coindesk.com/a-battle-between-bitcoin-wallets-has-big-implications-for-privacy

Both are garbage.  Since Bitcoin is not fungible, the govt will just claim ANY attempt to mix or obfuscate transaction history is a money laundering crime.  So the default state of Bitcoin's existence will always just be a govt tracking and control system that abolishes the 5th amendment where everything you do is monitored in real-time.

This is among the long lists of reasons why you should NEVER support any piece of shit, non-fungible currency and should always insist on using real, fungible, physical commodity money (gold, silver, copper, etc) that doesn't function as both a tracking system and permissioned ledger.  Anything non-fungible will always be a permissioned ledger in the end.  The only possible endgame evolution of craptocurrency will be identical to the Chinese social credit score system.  You 3rd world Indian children scammers need to fuck off with your shilling for crypto garbage that are just trojan horses for a cashless society slavery system from (((the state))).
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August 06, 2019, 05:24:15 AM

Sex & Crypto | Cointelegraph Documentary

Censorship resistant, pseudo-anonymous, untraceable. These are the main characteristics that make cryptocurrency an enticing payment method for purchasing adult content. Pornsites, webcam platforms and online sex shops often struggle with traditional payment systems because

Youtube Source: https://www.youtube.com/watch?v=Ev7h0GODcFE
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August 06, 2019, 06:05:55 AM

Looks like bitcoin broke out of a falling wedge on the 1 hour, the target puts us above $12,000. What do I know though
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August 06, 2019, 06:24:30 AM

Looks like bitcoin broke out of a falling wedge on the 1 hour, the target puts us above $12,000. What do I know though
Seems to be going that way, it's now moving upward, trading at $11900 in Binance.
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August 06, 2019, 06:36:50 AM

The evil cult of Judaism conspires to violate the 1st amendment and remove 8chan and Daily Stormer off the internet (again) based on govt orchestrated false flag shooting:

https://arstechnica.com/tech-policy/2019/08/8chan-briefly-got-back-online-with-same-cdn-used-by-neo-nazi-daily-stormer/
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August 06, 2019, 06:37:29 AM

Looks like bitcoin broke out of a falling wedge on the 1 hour, the target puts us above $12,000. What do I know though
Seems to be going that way, it's now moving upward, trading at $11900 in Binance.
yeah, and actually you could make a case this is a bull flag of some sort, and we broke that and the target price for that would be $13,000.

Ill be happy though if I wake up tommorow morning and it's above $12k
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August 06, 2019, 06:45:32 AM

Well that was fast, we hit $12k, now if that was a flag from $11k then our target is $13k.....
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August 06, 2019, 06:47:10 AM

Well that was fast, we hit $12k, now if that was a flag from $11k then our target is $13k.....

Indeed fast forward through 12K
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August 06, 2019, 06:48:09 AM

$12K achieved!

Observing @  $12,120

Good morning WO, finally a very good day. BTC come on!
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THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


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August 06, 2019, 06:48:16 AM

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August 06, 2019, 06:50:20 AM

Well that was fast, we hit $12k, now if that was a flag from $11k then our target is $13k.....

Indeed fast forward through 12K
It looks like a bull flag on the 1hr, we should be heading $13k.

We also just broke the giant bull flag that has been forming since we were at $8k back in June, BUCKLE UP GUYS HERE WE GOOOOOOOO
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August 06, 2019, 06:50:48 AM

Looks like up we go!
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August 06, 2019, 06:54:38 AM

Max Keiser might be right about $15k before the end of the week, only "resistance" left is at $13,200 and $13,800, after that we are going to $15k and probably $16k.
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THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


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August 06, 2019, 07:00:00 AM
Merited by 600watt (1)

BTC DOMINANCE 69.8%
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