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December 15, 2019, 01:57:16 PM *
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Question: Dec. 14 Closing Price:
<$6,000 - 10 (10.8%)
$6,000-$6,500 - 5 (5.4%)
$6,500-$7,000 - 11 (11.8%)
$7,000-$7,500 - 14 (15.1%)
$7,500-$8,000 - 18 (19.4%)
$8,000-$8,500 - 11 (11.8%)
$8,500-$9,000 - 4 (4.3%)
>$9,000 - 20 (21.5%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21459786 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. (137 posts by 31 users deleted.)
akhjob
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October 28, 2019, 01:42:05 PM
Merited by JayJuanGee (1)

https://beincrypto.com/china-calling-blockchain-a-scam-is-now-banned/

Now they are banning articles calling blockchain a scam, I love this change except for the fact that they are going to have their own crypto
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October 28, 2019, 01:57:27 PM
Merited by JayJuanGee (1)

Oh look, a self serving best of list from China...
https://cointelegraph.com/news/eos-holds-top-spot-bitcoin-11th-in-chinas-latest-crypto-rankings
Quote
China’s President Xi Jinping called for the accelerated national adoption of blockchain technology in an official speech.

President Xi’s intervention and positive signs from the People’s Bank of China have this week sparked a major uptick in the domestic blockchain sector — spurring the stock markets and fervent interest among the public.

https://beincrypto.com/china-calling-blockchain-a-scam-is-now-banned/

Now they are banning articles calling blockchain a scam, I love this change except for the fact that they are going to have their own crypto


i can see why the "blockchain-not-bitcoin" idiots went wrong. there is only one blockchain that has a valid use case and that is an invention: bitcoin.

to see an entire high-tech nation, and not a marginal one, to fall for this stupidity is hard to believe. the only explanation i have ( and i am no expert in this field) is that TRUST is such a big issue for china, since there is this culture of cheating and now they hope that "blockchain" will somehow make it easier for them to trust companies (for example).

i dont see "blockchain" working. it is out for a decade now, where are the applications? other than money/bitcoin?

if they really go all-in to "blockchain" with their entire economy it will end as a catastrophic failure like the Great Leap Forward.
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October 28, 2019, 01:59:10 PM

https://beincrypto.com/china-calling-blockchain-a-scam-is-now-banned/

Now they are banning articles calling blockchain a scam, I love this change except for the fact that they are going to have their own crypto



Bitcoin already is a gateway to many other cryptocurrencies.
In the long run the statecoins (centralized) and BTC, maybe a few other coins that make sense will survive.
So why don't you like it?

I'd be more comfortable holding a BTC stash and "using" it partially for exchange into other CC i can actually use.
This doesn't mean BTC can't be used, but it would give me better control about exchange fees.
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October 28, 2019, 02:07:48 PM

Just because they're defeating the USA doesn't mean they have to be very bright.

The 'blockchain not bitcoin' scam is not exactly an innovative way to accumulate bitcoin.
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October 28, 2019, 02:11:02 PM

Oh look, a self serving best of list from China...
https://cointelegraph.com/news/eos-holds-top-spot-bitcoin-11th-in-chinas-latest-crypto-rankings
Quote
China’s President Xi Jinping called for the accelerated national adoption of blockchain technology in an official speech.

President Xi’s intervention and positive signs from the People’s Bank of China have this week sparked a major uptick in the domestic blockchain sector — spurring the stock markets and fervent interest among the public.

https://beincrypto.com/china-calling-blockchain-a-scam-is-now-banned/

Now they are banning articles calling blockchain a scam, I love this change except for the fact that they are going to have their own crypto


i can see why the "blockchain-not-bitcoin" idiots went wrong. there is only one blockchain that has a valid use case and that is an invention: bitcoin.

to see an entire high-tech nation, and not a marginal one, to fall for this stupidity is hard to believe. the only explanation i have ( and i am no expert in this field) is that TRUST is such a big issue for china, since there is this culture of cheating and now they hope that "blockchain" will somehow make it easier for them to trust companies (for example).

i dont see "blockchain" working. it is out for a decade now, where are the applications? other than money/bitcoin?

if they really go all-in to "blockchain" with their entire economy it will end as a catastrophic failure like the Great Leap Forward.

Remember: Already 10 years, but still at the beginning (excluding early adopters).
Many instances are still evaluating, China seems to do this more or less public than other governments. What about Venezuela?
Blockchain applications are already in development or evaluation in companies (signed document management, archives...) and even "dataset clusters" like land charge registers are considered to be "blockchained". They're just late (or early, depending on the viewpoint).
The good old arpanet comparison is still valid, Blockchain term is widespread since 2017.

That all doesn't mean every blockchain application has to succeed.
Human development is like learning by failing. First we have to fail. It's like mandatory, system inherent.
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October 28, 2019, 02:11:45 PM

Just had a lovely walk and found these little buggers







Nice Grin

Morning WO's, up another couple hundred from last night.

I'm curious how you intend to prepare these? There's only a few things I've been too afraid to try, Fly ammonita, pantera's, and tree datura are the ones which still torment my curiosity.
Please let us know how it goes.  

A. muscaria and A. pantherina are similar. Pantherina is allegedly stronger. Both contain basically the same actives. By decarboxylating the acid into muscimol, a manageable entheogen can be obtained. Decarboxylation can be carried out by drying in open air or in a low heat oven (think merengue). The intoxication is totally unlike psylocibin, more like a drunken trance often accompanied by nausea or other discomfort. Doable with some care. If you give the mushroom a few quick boils, always discarding the water, you are left with a harmless edible mushroom. I have no idea how tasty it is, but if we're talking food, I'd choose A. caesarea any day - and cook it very lightly (sauteed in butter). Or eat it raw, as in a salad ;-)

On the other hand, daturas are downright nasty. Tree datura - you mean brugmansia? - is one of the quirkiest and least predictable. I see little recreational value in nightshades and relatives. They really are best left alone.


right. i recommend magic mushrooms and lsd if you want to trip, pick a sunny day (preferably on a day where you do not have any job or social obligations next day) and a very good friend and bike or hike through nature. leave mobile at home. if you want to play safe have 5 mg diazepam as a parachute with you just in case the trip is turning bad.

datura is dangerous. i have seen consumers that went straight to hospital for severe mental problems that lasted several weeks.
Good advise
I also recommend MDMA with a little 2cb  for a trip without the confusion  Undecided
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October 28, 2019, 02:16:41 PM


Good advise
I also recommend MDMA with a little 2cb  for a trip without the confusion  Undecided

Pure MDMA, so hard to get these days  Roll Eyes
I miss the nineties in that regard.
Still one has to watch serotonine and dopamine drainage, i wouldn't do it too often.
Great sex, better than on blow, imo. Both a little too "athletic", however (but that's all about personal preference *lol*)
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October 28, 2019, 02:22:47 PM

Good morning Bitcoinland.

It's a couple of days of sideways in the $9xxx range now... currently $9360USD/$12230CAD (Bitcoinaverage).

Maybe the weekend for 5 digits?

Cat moon soon?


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October 28, 2019, 02:24:39 PM

Maybe the weekend for 5 digits?

 Gut-bacteria is informing me we are likely to be testing $10k by Friday.
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October 28, 2019, 02:45:37 PM

Gut-bacteria is informing me we are likely to be testing $10k by Friday.

Gotta trust those lactobacteria.  Cool

Hope you're not still considering selling any of your precious bitcoins based on price rather than on need.
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October 28, 2019, 03:08:17 PM

Oh man, that movie was like, so fcuk... discusting  Grin Grin Grin

YOU SHUT YOUR GODDAMN MOUTH !

"Idiocracy" is the most important movie since "Blazing Saddles"




true, though I would caution that truly prescient satire has become a very dangerous art form to dabble in
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October 28, 2019, 03:10:20 PM

i can see why the "blockchain-not-bitcoin" idiots went wrong. there is only one blockchain that has a valid use case and that is an invention: bitcoin.

to see an entire high-tech nation, and not a marginal one, to fall for this stupidity is hard to believe. the only explanation i have ( and i am no expert in this field) is that TRUST is such a big issue for china, since there is this culture of cheating and now they hope that "blockchain" will somehow make it easier for them to trust companies (for example).

i dont see "blockchain" working. it is out for a decade now, where are the applications? other than money/bitcoin?

if they really go all-in to "blockchain" with their entire economy it will end as a catastrophic failure like the Great Leap Forward.

That's because if they abruptly approve of bitcoin, other idiotic nations will call China, the funding nation for criminals. I think it's good they have reversed their earlier stance and have recognised blockchain. Once everyone gets involved into blockchain, it's only a matter of time they recognise Bitcoin.
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October 28, 2019, 03:18:48 PM
Merited by JayJuanGee (1)

Bakkt will launch their consumer app and merchant portal in the first half 2020 with Starbucks testing.

Quote
1. Digital asset infrastructure: We’re working to reduce friction in the use of digital assets to reflect their aggregate value and to reflect an increase in purchasing power that was previously siloed. For merchants, this enterprise-grade infrastructure enables a new form of payment acceptance at a lower cost per transaction along with faster settlement times, driving efficiencies compared to existing workflows.

Quote
2. Marketplace access: We’ll be launching a consumer app to make it easy for consumers to discover and unlock the value of digital assets, as well as ways in which they can transact or track them. Merchants gain access to a broader set of customers with expanded spending power.

Quote
3. Maximizing control: We started with the concept of a consumer-driven platform that offers the ultimate control over their digital assets, including the flexibility on how to use them. For merchants, we’re focused on delivering more control over costs and innovative customer engagement, both freeing up capital and supporting a direct relationship with their customers.

Quote
4. Establishing trust: Bakkt’s approach to secure technology, privacy and innovation means that we are an advocate for consumers who have yet to enter the digital asset space, and for merchants who want to accept new, efficient forms of payments without increasing risks.
https://medium.com/bakkt-blog/unlocking-the-value-of-digital-assets-bdda43214720

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October 28, 2019, 03:19:18 PM

Hope you're not still considering selling any of your precious bitcoins based on price rather than on need.

No sir. The fine folk in this thread (and in PM's) talked me off a ledge, I worked out my pimp hand, and told Rick I'm not doing anything before $15k USD/BTC. If he really needs the money to top off our house accounts and calm his neurosis, I'll raid one one of my other after-tax accounts that are just sitting there, appreciating, with money I am blessed to not need right now, or in the near future.

May take some small (<$500k USD) profits at that point ($15k), but still holding out for 2022 before shaving off a chunk of corn to fund our ranch and buy me a MacLaren. Going to keep our Porsches. Don't feel like buying anything new from them until their EVs mature a bit more. The MacLaren should be a fun toy in the meantime.
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October 28, 2019, 03:19:31 PM
Merited by 600watt (1)

the only explanation i have ( and i am no expert in this field) is that TRUST is such a big issue for china, since there is this culture of cheating and now they hope that "blockchain" will somehow make it easier for them to trust companies (for example).

The prime reason is of course to increase their control and oppression. They've now announced there will be a governmentcoin.

But the trust thing is something that doesn't cross the average Westerner's mind but does sound like a pretty desperate issue there. You'd think with all this unity under the calm guidance of Winnie the Pooh they'd stop being so fucking bent but clearly not.

However no one's been able to adequately explain to me how you enforce and maintain the link between something's tokenisation/blockchain entry and keeping it irrevocably tied to the physical product until it ends up in front of you or inside you.
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October 28, 2019, 03:22:06 PM

i can see why the "blockchain-not-bitcoin" idiots went wrong. there is only one blockchain that has a valid use case and that is an invention: bitcoin.

to see an entire high-tech nation, and not a marginal one, to fall for this stupidity is hard to believe. the only explanation i have ( and i am no expert in this field) is that TRUST is such a big issue for china, since there is this culture of cheating and now they hope that "blockchain" will somehow make it easier for them to trust companies (for example).

i dont see "blockchain" working. it is out for a decade now, where are the applications? other than money/bitcoin?

if they really go all-in to "blockchain" with their entire economy it will end as a catastrophic failure like the Great Leap Forward.

That's because if they abruptly approve of bitcoin, other idiotic nations will call China, the funding nation for criminals. I think it's good they have reversed their earlier stance and have recognised blockchain. Once everyone gets involved into blockchain, it's only a matter of time they recognise Bitcoin.

I don't necessarily follow your assumptions there. China doesn't have to recognize BTC ever (though I think they eventually will). They can establish their own mandatory digital currency with a state centralized blockchain and any Chinese citizen who uses something else they'll charge with "provoking trouble".
https://www.nytimes.com/2019/10/24/world/asia/china-metoo-hong-kong-protests.html
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The activist, Huang Xueqin, was detained last week in the southern city of Guangzhou, according to friends who asked not to be identified by name. The authorities accused Ms. Huang, 31, of “picking quarrels and provoking trouble,” a vague accusation that the government often uses to silence activists who challenge the status quo.
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October 28, 2019, 03:28:23 PM

TRUST is such a big issue for china, since there is this culture of cheating

Careful, I frequently get accused of racism when I point out their divergent cultural mores around truth telling.
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October 28, 2019, 03:48:29 PM

Going to keep our Porsches. Don't feel like buying anything new from them until their EVs mature a bit more. The MacLaren should be a fun toy in the meantime.

Hm. What's your thought on the Taycan? I took the little Porsche to an autocross this weekend, lot lighter than the 928S but not as much of a beast. Someone there did have a Panamera plug-in hybrid and he seemed to like it....

I want a big, heavy, fast, low car. Not an SUV/Minivan on steroids.
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October 28, 2019, 03:50:03 PM
Merited by vapourminer (1), JayJuanGee (1)

China Merchants Bank, China Merchants Bank is not a small fish, it is a medium-sized financial institution.

Quote
China...  China Merchant Bank just announced invested in BitPie, the Bitcoin wallet with longest history and most users back in China ...
Via Twitter: @DoveyWan

If this has helped the price of a good jump, then follow the function!



More Info: https://www.newsbtc.com/2019/10/28/chinese-bank-invests-bitcoin-wallet-president-xis-remarks/
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October 28, 2019, 04:00:07 PM
Merited by bitcoinPsycho (1)


Good advise
I also recommend MDMA with a little 2cb  for a trip without the confusion  Undecided

MDMA does bring some confusion for me, but each one is different(TM). As for good, it is good. It's something I think should be tried at least once in a lifetime. I only did it a few precious times, well spaced apart so it hasn't lost its magic yet.

Pure MDMA, so hard to get these days  Roll Eyes
I miss the nineties in that regard.
Still one has to watch serotonine and dopamine drainage, i wouldn't do it too often.
Great sex, better than on blow, imo. Both a little too "athletic", however (but that's all about personal preference *lol*)

2cb in moderation is great for sex. I can't say the same for MDMA. It gives me a heart full of love and a limp dick, but YMMV and apparently it does. Is it really so hard to find these days? My friends tell me it isn't so. I still have a little hidden away, but I'm not telling anyone until that very special occasion comes up.  Wink
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