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Question: Nov. 18 closing price:
<$35,000 - 4 (9.1%)
$35,000-$35,500 - 1 (2.3%)
$35,500-$36,000 - 4 (9.1%)
$36,000-$36,500 - 4 (9.1%)
$36,500-$37,000 - 4 (9.1%)
$37,000-$37,500 - 3 (6.8%)
$37,500-$38,000 - 4 (9.1%)
$38,000-$38,500 - 5 (11.4%)
$38,500-$39,000 - 2 (4.5%)
$39,000-$39,500 - 1 (2.3%)
$39,500-$40,000 - 0 (0%)
>$40,000 - 12 (27.3%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26310222 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 1 users with 9 merit deleted.)
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February 12, 2020, 06:52:39 AM

Hi, good morning, colleagues, I can't be online as long as I want, work forces me to be out these days, but I like what I see 10,345.
In my spare time I read the thread and it's nice. Kiss
#nohomo
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February 12, 2020, 07:02:47 AM

Yeah, with earnings from work. Capitalism does that better than communism.

It's not like Soviet Union was the land of uneducated savages, you know... at least considering their military and space hardware...
And then it collapsed. Same old story every time. Do not defend a regime that killed tens of millions of its own people over some self-destructive ideology.
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February 12, 2020, 07:05:17 AM
Last edit: February 12, 2020, 07:20:55 AM by Lambie Slayer
Merited by bones261 (4), El duderino_ (3), marcus_of_augustus (2), Icygreen (2), Paashaas (1), Wekkel (1), serveria.com (1), BobLawblaw (1)

Ok boyz, its speculation time.  Cheesy

Clearly we are in the early stages of a prehalvening pump. The sample is small, but this wonderful event has never failed to have a pre-pump, nor afaik has the litecoin halvening.

The questions are always:
1. When Pump?

2. How high Pump?


The answer to question one is clearly, Pump Now.

Number 2 is the more interesting question.  Smiley

A similar pump to the last halvening pre-pump would take us to as I stated yesterday, 16100. I see this as a minimum for two major reasons.

1. The Global Stock Market (as measured by MSCI ETF https://www.barchart.com/stocks/world-market-map/world)

The worlds major stock markets are in aggregate hitting all time highs on a regular basis in a lengthy bull market. In the midst of this late stage bull market melt up the world is flooded with money printing as Trump jawbones the Fed to keep his election hopes alive and China is printing at the speed of light to avoid a epidemic induced recession.

A huge swath of the worlds bonds are at negative interest rates and interest rates are at historically rock bottom levels. We are in as risk on of an environment as they come with historically high stock valuations that keep climbing.

The shitty yields for bonds and t-bills make Bitcoin more attractive. The stock market may not be that correlated to Bitcoin in price but the panic to keep pumping it is forcing central banks to money print like crazy. The money printing is of course fantastic for Bitcoin for obvious reasons of supply, demand, and scarcity. Even if we get the inevitable crash they will just have to print more money, so for stocks its heads Bitcoin wins, and tails Bitcoin wins.

If these central bankers weren't arrogant they would be raising rates at the end of a long bull cycle and that would mean less money printing and be a Bitcoin head wind. Fortunately for us they have put themselves in a box that requires money printing in all scenarios. This is a dream scenario for Hodlers.

2. The Aids-Flu (tin foil boyz call it Coronavirus)

Perhaps the Aid-Flu will fizzle out and become a distant memory as the summer comes and nations get it under control. What will certainly not happen is it fading from memory in the next few months.

This virus is sowing massive distrust in governments and for good reasons. Distrust in govs means less faith in fiat and more love for King Bitcoin. Its also forcing central bankers to print more money and helps keep us in the dream scenario discussed above.  

Bitcoin is a safe haven and this Aids Swan is proving it. The halvening will only buttress our case for safe haven status as it will be hard to distinguish how much of our rise is due to a flight to safety and how much is due to the halvening. This will give the faithful (WO Elites an such) the opportunity to push whatever narratives we like with impunity and the masses will fall in line, because at the end of the day they love sick gainz above all else.

The MSM will actually imo prefer to give the Coronavirus credit for our incoming pump. Thats bc they don't like talking about the halvening too much since it makes the masses wonder why the fuck they are slaves to inflationary currency in the first place when the cool kids get their currency supply cut in half by computer algos. This MSM fear of deflation just plays into our hands bc newbs will find an infinite amount of disasters over the years to make them want more Bitcoin. They will misdirect, but we will win either way.


Most of the pump inducing scenarios mentioned above were not in play during the 2016 halvening. Central Bankers were looking for the first opportunity to raise rates. Stocks had been sideways for a year. Negative bond yields were not as widespread, and there was nothing comparable to the Coronavirus.

Prediction: 16100 is a minimum worst case scenario for this halvening pump and a more likely target is the old all time high of 20k. After this perhaps we go a bit higher but most likely it happens in a blow off top form and we get the predictable halvening crash from profit taking.

The profit taking would crash us to about 14k and then we build our way back up to all time highs again in several months, bc after all, its Bull $eason.

TLDR: New all time highs this summer.

This is absolutely investment advice. Sell your wife or your neighbors wife into sex slavery and buy Bitcoin for the ride to 100k and beyond.
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February 12, 2020, 07:36:42 AM
Merited by Lambie Slayer (4)

Ok boyz, its speculation time.  Cheesy

Clearly we are in the early stages of a prehalvening pump. The sample is small, but this wonderful event has never failed to have a pre-pump, nor afaik has the litecoin halvening.

The questions are always:
1. When Pump?

2. How high Pump?


The answer to question one is clearly, Pump Now.

Number 2 is the more interesting question.  Smiley

A similar pump to the last halvening pre-pump would take us to as I stated yesterday, 16100. I see this as a minimum for two major reasons.

1. The Global Stock Market (as measured by MSCI ETF https://www.barchart.com/stocks/world-market-map/world)

The worlds major stock markets are in aggregate hitting all time highs on a regular basis in a lengthy bull market. In the midst of this late stage bull market melt up the world is flooded with money printing as Trump jawbones the Fed to keep his election hopes alive and China is printing at the speed of light to avoid a epidemic induced recession.

A huge swath of the worlds bonds are at negative interest rates and interest rates are at historically rock bottom levels. We are in as risk on of an environment as they come with historically high stock valuations that keep climbing.

The shitty yields for bonds and t-bills make Bitcoin more attractive. The stock market may not be that correlated to Bitcoin in price but the panic to keep pumping it is forcing central banks to money print like crazy. The money printing is of course fantastic for Bitcoin for obvious reasons of supply, demand, and scarcity. Even if we get the inevitable crash they will just have to print more money, so for stocks its heads Bitcoin wins, and tails Bitcoin wins.

If these central bankers weren't arrogant they would be raising rates at the end of a long bull cycle and that would mean less money printing and be a Bitcoin head wind. Fortunately for us they have put themselves in a box that requires money printing in all scenarios. This is a dream scenario for Hodlers.

2. The Aids-Flu (tin foil boyz call it Coronavirus)

Perhaps the Aid-Flu will fizzle out and become a distant memory as the summer comes and nations get it under control. What will certainly not happen is it fading from memory in the next few months.

This virus is sowing massive distrust in governments and for good reasons. Distrust in govs means less faith in fiat and more love for King Bitcoin. Its also forcing central bankers to print more money and helps keep us in the dream scenario discussed above.  

Bitcoin is a safe haven and this Aids Swan is proving it. The halvening will only buttress our case for safe haven status as it will be hard to distinguish how much of our rise is due to a flight to safety and how much is due to the halvening. This will give the faithful (WO Elites an such) the opportunity to push whatever narratives we like with impunity and the masses will fall in line, because at the end of the day they love sick gainz above all else.

The MSM will actually imo prefer to give the Coronavirus credit for our incoming pump. Thats bc they don't like talking about the halvening too much since it makes the masses wonder why the fuck they are slaves to inflationary currency in the first place when the cool kids get their currency supply cut in half by computer algos. This MSM fear of deflation just plays into our hands bc newbs will find an infinite amount of disasters over the years to make them want more Bitcoin. They will misdirect, but we will win either way.


Most of the pump inducing scenarios mentioned above were not in play during the 2016 halvening. Central Bankers were looking for the first opportunity to raise rates. Stocks had been sideways for a year. Negative bond yields were not as widespread, and there was nothing comparable to the Coronavirus.

Prediction: 16100 is a minimum worst case scenario for this halvening pump and a more likely target is the old all time high of 20k. After this perhaps we go a bit higher but most likely it happens in a blow off top form and we get the predictable halvening crash from profit taking.

The profit taking would crash us to about 14k and then we build our way back up to all time highs again in several months, bc after all, its Bull $eason.

TLDR: New all time highs this summer.

This is absolutely investment advice. Sell your wife or your neighbors wife into sex slavery and buy Bitcoin for the ride to 100k and beyond.
Awesome post!  Agree with your thinkings. WO running the narrative for this one, niccce.   Grin

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February 12, 2020, 07:39:22 AM
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Quote
BREAKING: Fed Chairman Jerome Powell just came out in favor of private transactions for digital currencies.

He specifically said "A ledger where you know everybody's payments is not something that would be particularly attractive in the context of the US."

One of the most effective man in the world about financial markets does not make statements about being fraud, scam or bubble anymore.

We will keep discusssing about the price of bitcoin. Some says it is cheap or some says expensive. That's another story   

But i want to emphasize that nowadays what we discuss here is a clearly accepted financial instrument or financial system.

Bitcoin believers have not given up their idealistic visions and succeed.
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February 12, 2020, 07:41:54 AM

Oh my.  I do love the smell of napalm in the morning.

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February 12, 2020, 07:51:13 AM

  Bitstamp AYH    10,495.00 USD  
(source: Bitstamp API)
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February 12, 2020, 07:52:10 AM
Last edit: February 12, 2020, 08:02:49 AM by HairyMaclairy

https://www.unz.com/chopkins/bernie-sanders-commie-kill-swarm/

Quote
Jesus, just imagine the freedomless horror if Americans could go to university, and, you know, maybe raise a child or two, without spending the rest of their lives in debt!

out fucking standing...lol

Umm... you realize that shit needs to be paid for _somehow_, right?
Having a larger more educated workforce should pay off in the long run.  If the costs are insanely high like current private college costs then maybe you're right though.

The benefits to the community of having a higher educated population are something like 5x the tuition fees. Just the tax rake from higher educated professionals more than pays for free tuition a number of times over.

But this isn’t an economic argument - it’s about how can we ensure that we can continue to have a lower class to do all the dirty and dangerous work.  I sure as hell don’t want to do it.  We can’t have people getting ideas above their station. 
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February 12, 2020, 08:04:40 AM

https://www.unz.com/chopkins/bernie-sanders-commie-kill-swarm/

Quote
Jesus, just imagine the freedomless horror if Americans could go to university, and, you know, maybe raise a child or two, without spending the rest of their lives in debt!

out fucking standing...lol

Umm... you realize that shit needs to be paid for _somehow_, right?
Having a larger more educated workforce should pay off in the long run.  If the costs are insanely high like current private college costs then maybe you're right though.

The benefits to the community of having a higher educated population are something like 5x the tuition fees. Just the tax rake from higher educated professionals more than pays for free tuition.

But this isn’t an economic argument - it’s about how can we ensure that we can continue to have a lower class to do all the dirty work.  

I remember reading about one of the big pro chattel slavery arguments and it was that the economy of the South would completely crash without slave labor and the whole nation and maybe world would suffer. Once they were freed and became paid sharecroppers the crop outputs were higher than ever before. Turns out cheap labor isnt very motivated to do a good job.

Not long after this the absence of free labor pushed market forces to automate most farming jobs. Slavery(the ultimate cheap labor) probably slowed down the rise of automation in agriculture.
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February 12, 2020, 08:06:01 AM

https://www.unz.com/chopkins/bernie-sanders-commie-kill-swarm/

Quote
Jesus, just imagine the freedomless horror if Americans could go to university, and, you know, maybe raise a child or two, without spending the rest of their lives in debt!

out fucking standing...lol

Umm... you realize that shit needs to be paid for _somehow_, right?
Having a larger more educated workforce should pay off in the long run.  If the costs are insanely high like current private college costs then maybe you're right though.

The benefits to the community of having a higher educated population are something like 5x the tuition fees. Just the tax rake from higher educated professionals more than pays for free tuition a number of times over.

But this isn’t an economic argument - it’s about how can we ensure that we can continue to have a lower class to do all the dirty and dangerous work.  I sure as hell don’t want to do it.  We can’t have people getting ideas above their station. 
Easy. Abolish welfare and make socialism illegal. People will fill whatever role they have the abilities for.
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February 12, 2020, 08:08:30 AM

I don’t really care if forestry workers are as productive as they could be, so long as they keep cutting down the trees and I don’t need to be anywhere near them when they do it.  

It is absolutely imperative we don’t give them any other career options, otherwise they might become data scientists or entrepreneurs and compete with my business.  

Accordingly high tuition fees are a critical tool in making sure we don’t run out of forestry workers, fishermen, roughnecks and toilet cleaners.  People are generally pretty smart, so you can’t keep them down if we don’t have systemic barriers to social mobility.  
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February 12, 2020, 08:10:53 AM

don't mess with the nature! #JustTheFlu

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February 12, 2020, 08:11:34 AM

Competition is good for business. If you are competent.
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February 12, 2020, 08:14:46 AM


"A woman refuses to have her temperature taken.
A medic beats her."

https://twitter.com/HappeningNow__/status/1227501273450074113

Defund crooked govs. Buy Bitcoin.
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February 12, 2020, 08:21:23 AM

"Wuhan quarantine center is the concentration camp that takes away both life and money. That’s why people would rather risk their lives felling off the high rise, but not going to the quarantine center. This is their final right to say NO to CCP❗️❗️"

https://twitter.com/htommy998/status/1227015261284261889

Warning: This video is really graphic may be highly disturbing to some.

Apparently the CCP welded their apartment building doors shut and this woman was trying to get rice to survive from a neighbor.


Buying Bitcoin is more important now than ever to help take the power of money printing out of the hands of evil doers.
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February 12, 2020, 08:26:37 AM

Its peaking too early dam it.    I had 11500 I think and its perhaps even within a channel to gain this.    So that means if true we either follow that channel which is overly aggressive as said or we break the channel which can reset possibly down to 8k and will it reset reconstruct and regain 11500 before and on the day of halvening.   The odds are against me being even close I guess, I got the price on the previous grand list also just not the day required  Cry
  Drawn with crayons by toddlers addled with mt.dew

Peaking? We're still ~40% down from ATH! What peaking are you talking about?  Cool
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February 12, 2020, 08:31:22 AM

"This is in front of a funeral home in #Wuhan

The number of mobile phones correlate with the number of people that have been CREMATED. "

https://twitter.com/hkdnow1/status/1227087860110462976

Just say no to cremation. Buy Bitcoin.
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February 12, 2020, 08:45:01 AM

"This is in front of a funeral home in #Wuhan

The number of mobile phones correlate with the number of people that have been CREMATED. "

https://twitter.com/hkdnow1/status/1227087860110462976

Just say no to cremation. Buy Bitcoin.

sure, does not look fake at all  Roll Eyes It's really hard to filter out facts in these days.
There are some forces who like to play this event down and others who are trying to spread panic. The truth is somewhere in the middle.
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February 12, 2020, 08:46:38 AM

Frankly... I assume most of these videos as some old (years old) stuff that people re-post for internet points.
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February 12, 2020, 08:53:29 AM

sure, does not look fake at all  Roll Eyes It's really hard to filter out facts in these days.
There are some forces who like to play this event down and others who are trying to spread panic. The truth is somewhere in the middle.

Yeah, they are .. doing what? Airing the infected phones to spread the virus? Makes sense.
Or it would make more sense it's something completely different, unrelated to the virus.

The Chinese government may easily cremate 1000s of people just because they don't agree their politics or to hide the real damage of the virus, but that movie doesn't prove anything.
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