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Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25816578 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. (170 posts by 5 users with 9 merit deleted.)
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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August 25, 2019, 08:14:31 PM


yeah but from whom are you stealing the quotes... ?

Attributions should be included with quotes.. not only is it NOT courteous to the original author, it is against forum rules to plagiarize  (admittedly this is a more ambiguous form of plagiarizing because at least it appears that you are implying that the quotes are not yours, due  to the fact that they are within an image)...




See above.
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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August 25, 2019, 08:20:34 PM



Yeah but...bbut...how much "fighting" are we talking about here? Is he going to place tariffs on crypto transactions too? Lol

It's called tax. Or even worse he could ban it...  In America it would not be strange to put some absurd sentence on it like the death penalty.... America is a crazy country.... With a crazy leader....

Be careful what you wish for....

Trump would call it:  "a zero tolerance policy."   hahahahahaha
Torque
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August 25, 2019, 08:31:30 PM



Yeah but...bbut...how much "fighting" are we talking about here? Is he going to place tariffs on crypto transactions too? Lol

It's called tax. Or even worse he could ban it...  In America it would not be strange to put some absurd sentence on it like the death penalty.... America is a crazy country.... With a crazy leader....

Be careful what you wish for....

Trump would call it:  "a zero tolerance policy."   hahahahahaha

You mean like when Trump tweeted "Our great American companies are hearby ORDERED to IMMEDIATELY start looking for an alternative to China"... and all the tech company CEOS collectively laughed, shrugged, and went about business as usual? Lol
fabiorem
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August 25, 2019, 08:36:43 PM

Its good to see that bitcoin is winning over sex in the pool.
kurious
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August 25, 2019, 08:38:51 PM

Ben Stokes. Winston Churchill. The Iron Duke. William Shakespeare. Margaret Hilda Thatcher. "Rum, shodomy and the lash!" , fish'n'chips, bread and butter pudding, warm beer, sinking of the Spanish Armadas, Field of the Cloth of Gold, Manchester United and Liverpool FC, 2 world wars and one world cup, the Falkland Islands, the Normandy Landings, Dunkirk
and
Ben bloody Stokes
Ben Stokes saving of the test was as surprising as you popping up again V8 - and just as welcome, even if his dashing appearance perhaps requred a tiny bit more skill.

Hope you and yours are well if you're still peeking.

On the subject of the Stokes innings...  I am not in UK - but close enough to get a dodgy radio 5 signal on a hilltop or two while I was on the road to get updates on the Headingly test, which did cheer me up far more than the price of our hallowed coin right now.

Bloody marvellous indeed.
mindrust
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August 25, 2019, 08:39:19 PM

Its good to see that bitcoin is winning over sex in the pool.

Can't believe sex got that many votes. It is overrated. Gets boring pretty quickly imo.
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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August 25, 2019, 08:39:36 PM



Yeah but...bbut...how much "fighting" are we talking about here? Is he going to place tariffs on crypto transactions too? Lol

It's called tax. Or even worse he could ban it...  In America it would not be strange to put some absurd sentence on it like the death penalty.... America is a crazy country.... With a crazy leader....

Be careful what you wish for....

Trump would call it:  "a zero tolerance policy."   hahahahahaha

You mean like when Trump tweeted "Our great American companies are hearby ORDERED to IMMEDIATELY start looking for an alternative to China"... and all the tech company CEOS collectively laughed, shrugged, and went about business as usual? Lol

Something like that.

I surely was not implying that any such pronouncement of "zero tolerance" would be effective.

It would actually seem to be quite stupid to get into such a direct battle, but you cannot put stupid beyond the attempts of various purported "leaders," because it might seem to be the "short term" more profitable play.
BitcoinGirl.Club
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Stop the FUD! https://bitcoincleanup.com


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August 25, 2019, 08:51:12 PM

Welcome back brother. Just noticed your post.
Ben bloody Stokes
I hear Stokes everywhere! This guys turned out to be a Legend. Fist that unbelievable innings in the World Cup final and now another one to save the Ashes. Stokes might get awarded for the Knight.
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nothing to see here


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August 25, 2019, 08:58:44 PM

Its good to see that bitcoin is winning over sex in the pool.

Can't believe sex got that many votes. It is overrated. Gets boring pretty quickly imo.

Once you know how to get past the "3-seconds barrier" in terms of duration of the male orgasm, it's actually fun again. But it depends a lot on the female counterpart (no experience with homo sex here).
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August 25, 2019, 09:07:58 PM
Merited by El duderino_ (4), JayJuanGee (1)

https://cointelegraph.com/news/bitcoin-bombshell-libra-rivals-twitter-spats-hodlers-digest-aug-1925
Quote
In news that’s likely to send a shiver down the spine of altcoin evangelists, new research suggests that Bitcoin’s (BTC) true market dominance may have been drastically underestimated. While mainstream crypto data aggregators claim the world’s biggest digital currency has a 70% slice of the market, analysts at Arcane Research believe BTC dominance is actually more than 90%. It says market capitalization is a “meaningless measure” when liquidity isn’t taken into account, and boffins used trading volume in order to make their recalculations.


https://cointelegraph.com/news/bitcoin-dominance-is-actually-above-90-new-research-suggests
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“It is notoriously difficult to compare and contrast different projects targeting different niches. [...] For crypto, one could argue that the whole idea of measuring the relative strength of different coins and tokens falsely implies a competition between complementary solutions.”
mindrust
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August 25, 2019, 09:12:21 PM

Its good to see that bitcoin is winning over sex in the pool.

Can't believe sex got that many votes. It is overrated. Gets boring pretty quickly imo.

Once you know how to get past the "3-seconds barrier" in terms of duration of the male orgasm, it's actually fun again. But it depends a lot on the female counterpart (no experience with homo sex here).


Not saying it is not fun, just saying it gets boring quickly. Especially if it is always with the same person. Why do you think people cheat each other? They do it even when they love each other on a personal level.

It is just our instincts. We are two legged dogs. We want to fuck everything that moves.
lightfoot
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I fix broken miners. And make holes in teeth :-)


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August 25, 2019, 09:17:26 PM
Merited by jojo69 (1)

Not saying it is not fun, just saying it gets boring quickly. Especially if it is always with the same person. Why do you think people cheat each other? They do it even when they love each other on a personal level.

It is just our instincts. We are two legged dogs. We want to fuck everything that moves.
Simple solution: Negotiate an open relationship. Then you can fuck all sorts of people and you don't have to go to Barcelona because your wife does. She can go with a boyfriend and you can do the Colorado mountains with your woman.

All works out.
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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August 25, 2019, 09:18:41 PM

Ben Stokes. Winston Churchill. The Iron Duke. William Shakespeare. Margaret Hilda Thatcher. "Rum, shodomy and the lash!" , fish'n'chips, bread and butter pudding, warm beer, sinking of the Spanish Armadas, Field of the Cloth of Gold, Manchester United and Liverpool FC, 2 world wars and one world cup, the Falkland Islands, the Normandy Landings, Dunkirk
and
Ben bloody Stokes

I have no idea what you are talking about.  But welcome back. 
mindrust
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August 25, 2019, 09:24:55 PM

Not saying it is not fun, just saying it gets boring quickly. Especially if it is always with the same person. Why do you think people cheat each other? They do it even when they love each other on a personal level.

It is just our instincts. We are two legged dogs. We want to fuck everything that moves.
Simple solution: Negotiate an open relationship. Then you can fuck all sorts of people and you don't have to go to Barcelona because your wife does. She can go with a boyfriend and you can do the Colorado mountains with your woman.

All works out.

But it takes the fun out of it when you do it like that. People are also addicted to the adrenaline. (You know doing non ethical stuff in secret with the fears of getting caught)

If I was going to make it open before starting a relationship, I better not start it in the first place.

*btw I am single. I am free to do these stuff. Don't make it personal. I am talking in general. These stuff happen every day. Don't tell me every marriage in the world is honest. Most of them isn't.
HairyMaclairy
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August 25, 2019, 09:28:50 PM

They are both K-selected. Trump more than his english counterpart. Incidentally so is Putin, Theodore Roosevelt, Eisenhower and, to some degree, Hitler. This is why they get along, and why the left all hate them.

https://www.google.com/amp/s/camestrosfelapton.wordpress.com/2017/11/04/weird-internet-ideas-rk-and-the-far-right/amp/

From the article

Quote
IQ is inversely related to size of genitals.
HairyMaclairy
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August 25, 2019, 09:31:46 PM

https://cointelegraph.com/news/bitcoin-bombshell-libra-rivals-twitter-spats-hodlers-digest-aug-1925
Quote
In news that’s likely to send a shiver down the spine of altcoin evangelists, new research suggests that Bitcoin’s (BTC) true market dominance may have been drastically underestimated. While mainstream crypto data aggregators claim the world’s biggest digital currency has a 70% slice of the market, analysts at Arcane Research believe BTC dominance is actually more than 90%. It says market capitalization is a “meaningless measure” when liquidity isn’t taken into account, and boffins used trading volume in order to make their recalculations.

Something people have been saying in here since 2013
fabiorem
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August 25, 2019, 09:32:03 PM

I would have sex with a feminine AI. But, they are too primitive at the moment.

Nocoiners are halting technological advancement. They fear the Machine Age.
HairyMaclairy
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August 25, 2019, 09:34:53 PM

Australian equivalent of the BBC says that the government wants to ban cash to enforce negative interest rates on savers.

https://abc.net.au/news/2019-08-26/cash-ban-so-you-pay-the-bank-to-hold-your-money-what-imf-wants/11443646
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August 25, 2019, 09:36:14 PM

Well you seem to be touching on two different topics, Raja.  

One topic is regarding how much of the value of your BTC stash would you be willing to trade with, and another topic is what kinds of indicators you use to decide whether to get in or out.

This is how I see any trade or swinging: if there's a good indicator, trade with a big stash; however, if there's a bad or weak indicator, trade with a little stash.

Each of those are individualistic determinations, and I will let you know that I have a pretty decent proportion of my wealth in bitcoin as compared with my traditional investments (such as stocks and things like that), and I also have a very tiny percent into shitcoins.  So only about 1% - maybe 2% upon favorable fluctuations, is in shit coins, and I find little to no value in trading any kind of shit coins.

Well, 10% of my whole BTC stash doesn't even make a complete half of a full bitcoin, so there's definitely a whole lot of difference in your way of thinking and in my way of thinking when it comes to the "percentage of BTC holding that you may risk on sh!tcoins". If my 10% holdings of BTC were equivalent to more than $50k or something, I'd probably not be thinking of risking much in alts as I know that they're similar to leveraged gambling; however, when that 10% makes less than $5k, I think it's fine to just go ahead and risk it as it's not a very big amount, especially when the swing setup is looking quite strong (at least to me).

During shitcoin pumpening season in 2017, there were guys (and maybe even a gal or two) who were putting nearly all of their bitcoins into shitcoins, and they did pretty decently (on paper) as long as they figured out a good time to get out.  Some of them got burned too, because they could not figure out when to get out, so yeah, Raja, your suggestion that this is a good time to get into shitcoins based on expectations about market cap, might work out for you, but I personally believe that shit coin purging is going to continue for a quite a bit longer, but hey, I might be wrong, and surely there are a lot of arguments out there, currently, that alt coin pumpening season is coming is coming is coming, and yeah they might be right.. but then again, they might be desperately attempting to save their bag holdings of shit to stop bleeding so much, even though their bleeding is not yet close to being done.    

We probably will never get to see another altseason as good as the one of 2017, which especially includes the bull runs of all those low-caps that pumped 1000x and more in January 2018. Even if you take a look at the top 5 coins (by market-cap), it's quite funny that:

-Ethereum: still no scaling, no sharding, no PoS, no 2.0.
-Ripple: lol, centralized
-Bitcoin Cash: lol, fake
-Litecoin: almost every sh!tcoin got more Github commits than LTC in the last few years.
-Binance Coin: overvalued, will probably also be categorized as security in the US as it fits in every category of Howey test.

...so ultimately, you come back to BTC. However, when you open and look at Bakkt's official website, you notice that everywhere they've mentioned "digital assets", which makes you realize that the crypto story doesn't really end up on BTC (I know this is quite irrelevant to this thread as it's made specifically for BTC maximalists, but this is just my opinion Grin).

When it comes to shitcoins, I am nearly a total chicken shit, so likely I am not the right person to ask regarding any of them, because even during their outrageous pumpening in 2017, I remained sufficiently happy with my mediocre 78x return on bitcoin value (from 2015 to late 2017).

"mediocre" 78x return Tongue
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August 25, 2019, 09:36:30 PM

While Trump is crying a river over bitcoin, a small european country accepts it to buy shares:

https://www.reuters.com/article/us-belarus-cryptocurrency/belarus-allows-traders-to-buy-shares-with-bitcoin-idUSKCN1P91VZ

As time passes, nation-states will see the value of bitcoin and will adopt it. No FUD will stop the flood.
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