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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 25878459 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.)
makrospex
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nothing to see here


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September 21, 2019, 08:43:58 PM
Merited by vapourminer (1), JayJuanGee (1)


It is like, the more poorer you are, the longer you stay poor.


bingo

I would not say so. I could go flat out broke today and I would still have skills, experience, character and a university degree. So compared to someone without any education or experience, relativistically speaking, I'd be back on my feet much sooner. $0 in my pockets would be a short-lived inconvenience, at most.

It's statistically proven, that people who gain the most profit on earth are also the wealthiest ones.
Poor people have many times less chances to make profit, because they have to spend all their money for basic needs (food, home, mobility).
There's just nothing left to invest.

What you say is true, makrospex; however, we don't participate in threads like this in order to emphasize some kind of inevitability in our station (however humble our station might be), right?

Wouldn't you conclude that BTC provides many more options to many more peeps, in terms of investment opportunities than other traditional avenues of investment?

Of course, no one here should be suggesting that peeps not food and shelter themselves prior to investing, yet if anyone wants to attempt to improve their lot in life, they should be attempting to make some efforts, even if that is ONLY the ability to muster up $5 per month to invest in bitcoin.  In the long run, if they can hold and build their investment for at least 5 years, they are going to likely profit from such investment into BTC strategy, even if what they are able to successfully carry out is merely a very modest investment strategy.  Right?

When you look at the past of Bitcoin, yes. And you can expect continuation, yes.
Remember, we're geeks (at least i am), but the majority of the poor is fighting to survive each day. Nobody of these people have the tools and abilities to gain knowledge about and also to aquire bitcoins. Neither they have the education to understand or gain access to knowledge. When you'd give most people a paper wallet with a coin in it, they would laugh at you and yell that the paper can't buy food for them.
The power of Fiat. I doubt anything can break it, in near-future terms.
In Africa, most poor elevated their wealth just because of CELLPHONES and this trend continues. I consider this at least the start of possibilities to bring bitcoin to (former) poor people.

Well, we know that there are all kinds of dumb fucks out there who do not appreciate the value of bitcoin, and they need not be poor in order to be dumb fucks about seeing the value of either bitcoin or investing in bitcoin.  I don't think that anyone, even a BTC enthusiast, should go out of their way to attempt to convince people that bitcoin is for their own good.  They can figure out a plan to buy some or NOT.  Bitcoin is not going to give two shits about whether the poor get into bitcoin or not, so if they fail/refuse to spend enough time to recognize and appreciate the value of investing into bitcoin, then there is only so much any of us can do to lead those horses to water and they chose not to drink.

So, of course, I understand that there are a large number of people who are neither going to recognize or to appreciate the value of bitcoin, but it is not our job to spend time trying to persuade them, perhaps beyond just pointing out to them that their is an opportunity in bitcoin that they can look into in the event that they would like to attempt to pull themselves up by their bootstraps in a time-deferred manner rather than merely seeing the world through immediate gratification and immediate needs.  That is on them in terms of failure and/or refusal to look into the matter further, not you, especially once we have pointed out such an option (namely bitcoin) to them.

Oh, you mean THESE people.
100% correct.

I was meaning the people that would likely value the idea and potential of bitcoin, but just can't get hold of coins like we, and also average joe from the neighborhood could.
Ignorance, on the other hand, is a whole different story.

Also, many people are slaves to media, which just hammers them to consume rather than invest. 24/7
When i look around in my environment, i see many people that could afford investments show off their newly acquired shit, while i began to offload many of my belongings and started investing in BTC. If they knew, they would even call me an idiot. This kind of people can't be taught. They define themselves by what they buy and consume.
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jbreher
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September 21, 2019, 09:07:43 PM

Trace Mayer at this morning's session:



Basic message: Bitcoin provides us with our strongest possible defensive armament for the upcoming economic wars.

Also Tyler Lindholm and Caitlin Long. And my hand representing for WO.

Did you get an opportunity to ask Trace and/or Caitlin (or to inform them, which seems to be your all knowing style) about how bcash SV is the most bitcoin of the bitcoins and/or to inform them about how segregated witness and the core devs are sabotaging bitcoin in order to make bitcoin the less bitcoin of the bitcoins in order that they could roll their eyes at your amazingly level of dumb?  

Nope. I don't need to press the point to know Trace is a BTC maximalist. Caitlin OTOH seems more open to other than such dogmatic views. But she has her hands full this week in putting on this event, while steering the WY legislature to world-leading laws governing crypto.

Though if we hit a lull in the conversation while in a social setting, I'll make sure to let them know you personally are interested in such triviality.

What the fuck do I have to do with this, jbreher? 

What this has to do with you -- you gratuitously aggressive empty fucking suit, JJG -- is that you are the one that put the silly challenge to me to begin with. Ex post facto, no less. I take full ownership of my beliefs. I am also capable of having perfectly happy interactions with people who hold differing views that do I. As long as they remain civil as well. Something you are apparently unable to even aspire to.
jojo69
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1/21000000 , the only math you need to know


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September 21, 2019, 09:11:52 PM


It is like, the more poorer you are, the longer you stay poor.


bingo

I would not say so. I could go flat out broke today and I would still have skills, experience, character and a university degree. So compared to someone without any education or experience, relativistically speaking, I'd be back on my feet much sooner. $0 in my pockets would be a short-lived inconvenience, at most.

Point is, the poor lack precisely the advantages you list, though "character" gets problematic.

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September 21, 2019, 09:14:54 PM

I think PlanB has a lot of security:



Although I think that 2020 will be a total explosion that the market will have, it will be full of many news, wherever its nature is good or bad, the market will have more demand, thus generating a sustained increase in price coupled with the bullish trend.
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September 21, 2019, 09:23:38 PM

does Finex try and hold 10k alone ?
makrospex
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nothing to see here


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September 21, 2019, 09:31:22 PM

does Finex try and hold 10k alone ?

Some birdies told me: it's the mining industry.
They also said 10k will be defended until all the new miner hardware is sold.
When i look at that hashrate...
otherwise lacks any proof and smells like conspiracy theory FUD to me.
JayJuanGee
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September 21, 2019, 09:44:57 PM

[edited out]

Oh, you mean THESE people.
100% correct.

I was meaning the people that would likely value the idea and potential of bitcoin, but just can't get hold of coins like we, and also average joe from the neighborhood could.
Ignorance, on the other hand, is a whole different story.

For sure, I understand and appreciate that some people are going to have a lot more obstacles in terms of access.  I will even agree that I have been a bit spoiled myself in terms of my access to banking avenues in which I was able to acquire a decent number of my earlier bitcoins through bank connected accounts, Coinbase, Circle, Gemini, Uphold... and maybe some others.

So, yeah, there might be some very difficult obstacles - yet at the same time, some people (such as the unbanked) are also used to having to jump through a bunch of additional hoops just to be able to get access to any kinds of services that resemble services that people in the west take for granted.

Also, many people are slaves to media, which just hammers them to consume rather than invest. 24/7

And, yeah that kind of "out of touchness" would not be limited to poor (or unbanked) people.

When i look around in my environment, i see many people that could afford investments show off their newly acquired shit, while i began to offload many of my belongings and started investing in BTC. If they knew, they would even call me an idiot. This kind of people can't be taught. They define themselves by what they buy and consume.

Actually, some of those people might be jumping onboard BTC after BTC surpasses $100k or even $1million because they will realize that it is the thing that "everyone else" is doing, and also, perhaps the thing that they need to do in order to get access to certain kinds of good, services (and perhaps even discounts).
whiteboy420
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September 21, 2019, 09:53:08 PM

i guess we will see a decoupling from Finex prices to real dollar exchanges.

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September 21, 2019, 10:01:45 PM

[edited out]

What this has to do with you -- you gratuitously aggressive empty fucking suit, JJG -- is that you are the one that put the silly challenge to me to begin with. Ex post facto, no less.

Don't be silly jbreher with your striving towards innocence here.  You outwardly say all kinds of outrageous things in order to denigrate BTC and/or to shill your stupid-ass bcashSV, and it does not matter if other peeps, like me, bring up the topic, you are already widely known as the shilliest of shills in regards to bcash SV.  Yeah, of course, you have a few butt buddies who make similar points as you, but you surely have been shilling your BIG block tardiness for amongst the longest - going on 4 years now, even though you have also ported some of your same dumbass BIG blocker arguments from b classic to b unlimited to bcash ABC and currently to bcash SV.  Maybe you are in the midst of some kind of transition to some other dumb BIG block pumpening or even bitcoin bashening that you try to hold out as if it were some kind of reasonable and legitimate hedge in respect to bitcoin, but just the mere fact that you seem to be trying to fit in as a "regular" good ole boy WO bitcoiner should be cause a decent amount of hesitancy from readers herein, and you brought the wrath upon yourself.  I did not start it.  In fact, I have attempted to give you a decent amount of benefit of the doubt regarding your shill/trolling for years and years, and you keep playing the shill/troll card, including doubling down and bashing on bitcoin or making stupid-ass relativistic arguments that denigrate bitcoin, even if indirectly, rather than directly.


I take full ownership of my beliefs.

Good for you, and that is also why you have to live with fall out from your ownership of ongoing consistent and persistent dumb.

I am also capable of having perfectly happy interactions with people who hold differing views that do I.

Well, surely that is not a bad characteristic, but such capabilities that you have does not cause you to attempt to fit in as a bitcoin maximalist... so there...  Tongue Tongue Tongue

As long as they remain civil as well. Something you are apparently unable to even aspire to.

There is no real need to be nice to bcash shills/trolls or bitcoin naysayers, especially in a thread like this... and especially when there continues to be misleading behaviors going on in those camps to attack bitcoin while pumpening their inferior snakeoil products.   I believe that I am being more than civil with you, under such circumstances.  But, hey, we can agree to disagree regarding appropriate levels of civility that is reasonable to employ.
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September 21, 2019, 10:06:52 PM

I just had the funny idea of "bitkarma", which can be from 0 (Roger V.) to 10 (#hodlers).
Satoshi: NaN
CSW: -1

Off to sleep, gentlemen.
JayJuanGee
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September 21, 2019, 10:07:28 PM

i guess we will see a decoupling from Finex prices to real dollar exchanges.

Why would that be?

We already had a bit of a price difference from several of the exchanges that use USDTether rather than regular USD - but those kinds of price differences have largely come back together.   Sure, there might be some future increases in the price spread, but I would not place much, if any weight on those spreads lasting.... at least not based on what seems to currently be happening, including that USDT continues to hold a pretty decently strong peg to USD.
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September 21, 2019, 10:08:08 PM

... you brought the wrath upon yourself. 

Hahaha. "wrath" ha. That's rich. Witness me quaking in my boots.
JayJuanGee
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September 21, 2019, 10:10:36 PM

... you brought the wrath upon yourself. 

Hahaha. "wrath" ha. That's rich. Witness me quaking in my boots.

No need to quake, jbreher.  I am just reasserting a point that I have made several times, when you seem to be complaining that some peeps here (including yours truly) are being too much meanie to you.
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September 21, 2019, 10:25:49 PM

I think PlanB has a lot of security:



Although I think that 2020 will be a total explosion that the market will have, it will be full of many news, wherever its nature is good or bad, the market will have more demand, thus generating a sustained increase in price coupled with the bullish trend.

Non-stationary? Does he mean unstable?
I think that we should take the exact date with a grain of salt.
Besides, I am not sure why he was saying 50K before and now it became 100K.
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September 21, 2019, 11:06:24 PM

Gotta visit Ukraine:

https://twitter.com/hey_ashiwel/status/1175398628120301568
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September 21, 2019, 11:17:57 PM


JJG on ignore

Lovely


Fatman3001 should be on ignore....but f*** I don’t put anyone on ignore Roll Eyes
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September 21, 2019, 11:55:34 PM
Last edit: September 22, 2019, 12:50:03 AM by realr0ach



And my hand representing for WO.

Those fingers do not appear very dexterous.  Very sausage-like.  How are you supposed to compete typing against JayJuanGee with fingers like that.
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September 21, 2019, 11:59:43 PM
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WO-brothers in arms


I only wish I could say I had a hand in this idea
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September 22, 2019, 12:02:04 AM


It is like, the more poorer you are, the longer you stay poor.


bingo

I would not say so. I could go flat out broke today and I would still have skills, experience, character and a university degree. So compared to someone without any education or experience, relativistically speaking, I'd be back on my feet much sooner. $0 in my pockets would be a short-lived inconvenience, at most.

Indeed with your 80X skills.... thats indeed a short -lived inconvenience Cheesy
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September 22, 2019, 12:03:01 AM


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WO-brothers in arms


I only wish I could say I had a hand in this idea
My last 2....

Cause you already pre-reveal you have a hand in here Cheesy

I can only say its a pleasure of meeting up with such of gentlemans....
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