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Question: Did we reach the bottom already?
Yes - 60 (50%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25877923 times)
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Gyrsur
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February 09, 2020, 08:27:55 PM
Last edit: February 09, 2020, 10:12:39 PM by Gyrsur


ppl group 0: mined/bought at any price --> sold never

I'd rather be on the other groups than taking my coins to my grave.

All that wealth don't mean shit when you are dead. At some point you should want to cash out if not, something isn't right there.

no, this is not what it is meaning. one of the primary aims of Bitcoin was to establish an alternative system to the FIAT system where you never need to change your bitcoins to fiat and fiat back to bitcoins. --> What is Bitcoin? (v1)
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February 09, 2020, 08:30:25 PM


ppl group 0: mined/bought at any price --> sold never

I'd rather be on the other groups than taking my coins to my grave.

All that wealth don't mean shit when you are dead. At some point you should want to cash out if not, something isn't right there.

no, this is not what it is meaning. one of the primary aims of Bitcoin was to establish an alternative system to the FIAT system where you never need to change your bitcoins to fiat and fiat back to bitcoins. --> http://What is Bitcoin? (v1)

Cashing out doesn't necessarily mean buying FIAT. A house, a car, other investments are also "cashing out".

Hodling forever isn't healthy.

Also how do we know if that guy who bought from $1 and sold @ $10 sold his stash completely, we can't. I never said "go all out" anyway.
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February 09, 2020, 08:32:42 PM


ppl group 0: mined/bought at any price --> sold never

I'd rather be on the other groups than taking my coins to my grave.

All that wealth don't mean shit when you are dead. At some point you should want to cash out if not, something isn't right there.

no, this is not what it is meaning. one of the primary aims of Bitcoin was to establish an alternative system to the FIAT system where you never need to change your bitcoins to fiat and fiat back to bitcoins. --> http://What is Bitcoin? (v1)

Cashing out doesn't necessarily mean buying FIAT. A house, a car, other investments are also "cashing out".

Hodling forever isn't healthy.

just mined or bought and never sold but still buying things with bitcoins directly.

your right my peace.  Roll Eyes
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February 09, 2020, 08:34:13 PM

Just looking at this from a strictly numbers view, putting all emotions aside about death and doom, etc.

Coronavirus mostly kills older people. Older people mostly don't own Bitcoin and have little interest to buy it compared to younger people. When they die they leave money and assets to younger people. Younger people use money and sell assets to buy Bitcoin. Moon.

except this old person. i plan to die with zero btc (or most any assets actually) left. the timing is iffy; im still working on a workable timeline for the various events planned.

Does this mean you are leaving your wealth to young hookers and coke dealers, who will then buy Bitcoin == Moon??
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February 09, 2020, 08:34:30 PM

CHOO CHOO
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February 09, 2020, 08:36:28 PM
Last edit: February 09, 2020, 08:47:55 PM by OutOfMemory
Merited by mindrust (1)


If you can get reinfected, would't that mean that a vaccin is impossible? I would like to get some more info on that before I believe it.

Flu vaccines never provide complete immunity against influenza viruses if I am not mistaken. You can still get infected but you'll recover far quicker compared to an unvaccinated person.

Availability of a vaccine has nothing to do with this I believe.

Quote
U.S. vaccine effectiveness by start year:[23][24]
2004   10%
2005   21%
2006   52%
2007   37%
2008   41%
2009   56%
2010   60%
2011   47%
2012   49%
2013   52%
2014   19%
2015   48%
2016   40%
2017   36%
2018   47%
https://en.wikipedia.org/wiki/Influenza_vaccine

There are many variants of the flu-"stem", and vaccines are assembled with antibodies of the currently dominant variants that are registered in fall, for vaccination in winter. This is why the flu vaccine gets to about 50% effectiveness and this also varies every year.
The vaccination-argument is therefore a half pseudo one.

This is NOT the same as getting infected by the same coronavirus variant, which was rumored lately, or even passive transmission like with herpes.
There would be no vaccine against such, which adds a whole new dimension to an outbreak like this.

I read some national geographic article, must be centuries ago now, where the question of which lifeform will make it to be the most successful (ultimately) on earth was discussed, and leading scientists agreed on viruses, because of their ability to evolve, adapt and spread quickly. But a virus that kills the host would be ultimately unsuccessful as well, excluding maybe sea or even deep sea population*.


We're living on the edge, constantly, and we likely are as unaware as helpless. We just had that bucket full of luck that our species made it this far, especially if you look at extincted animals. Extinction is quite common in nature, the big one, the universe, multiverse, god, allah or however one may label it.

EDIT:
corrected summer -> winter.

* This could mean evolution can start all over again. Quite interesting aspect, imo.
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February 09, 2020, 08:47:04 PM
Merited by LFC_Bitcoin (2)

Bruh, I think 350-450k might be a bit ambitious for this cycle. That kind of price will come in 2025 or something a year after the 2024 halving.

Just my opinion but obviously would love you to be right.

I shudder to think what state the exchanges would be in if it reached that level in the nearish future. It would be like shitfork pumps. You'd be able to see a number on a website, you'd have no way of playing with it.

At least the blockchain itself is unlikely to have Bitmain spamming it and there's more batching et al, but I'd be very curious to know whether exchanges have put any effort into preparing for tidal waves. I doubt even the biggest has the time or money.
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February 09, 2020, 08:47:42 PM
Merited by JayJuanGee (1)

And of course:



I almost forgot  Grin

Didn’t he always used to bang on about a $32,000 valued bitcoin? Cheesy

I remember thinking there was no chance we’d ever see that. Now, it’s an inevitability.
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February 09, 2020, 08:51:58 PM

Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up.  Cool
When it hits $100k the fomo will be real. I definately agree that we can see it run up to anywhere between $200k-$400k, and this will all go down within a month or so after hitting $100k

Better to be safe than sorry and prep your livers for 4 parties. 100k, 200k, 300k, 400k.


https://liverfoundation.org/13-ways-to-a-healthy-liver/


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February 09, 2020, 08:52:07 PM

retracement currently in progress.   Sad

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February 09, 2020, 08:52:52 PM

Today in the german news:

Islamists in Germany recruiting jihad soldiers and seeking fundings for syrian jihadist groups via telegram. Of course, Bitcoin, anonymity and encryption were used as buzzwords heavily.
Is somebody (nocoinerz) trying to get the price down for a bargain?  Roll Eyes

retracement currently in progress.   Sad



Quite mildly.
The median of the daily uptrend channel is at about $9.900 at the time. Let's see if this even gets touched.
EDIT. 4th day above the median line, by the way.
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February 09, 2020, 08:57:02 PM



https://twitter.com/realdonaldtrump/status/1226595322174083072?s=21

Death to BCH & BSV
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February 09, 2020, 08:59:24 PM

so that gnews.org site

is that a falun gong propaganda organ or what?

pretty fucking weird
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February 09, 2020, 09:09:03 PM
Last edit: February 09, 2020, 09:24:23 PM by Last of the V8s

so that gnews.org site

is that a falun gong propaganda organ or what?

pretty fucking weird

I really don't see it has anything to do with Falun Gong. Someone did mention that as a connection though recently. edit: maybe not that part

It's this guy mostly https://en.wikipedia.org/wiki/Guo_Wengui a cooky businessman critic of the commie regime. There are grains of truth in whatever Lambie quoted earlier, but I can't be bothered to opine more sorry because it's all essentially unknowable stuff and I'm sick of that.
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February 09, 2020, 09:16:02 PM

so that gnews.org site

is that a falun gong propaganda organ or what?

pretty fucking weird

I really don't see it has anything to do with Falun Gong. Someone did mention that as a connection though recently.

It's this guy mostly https://en.wikipedia.org/wiki/Guo_Wengui a cooky businessman critic of the commie regime. There are grains of truth in whatever Lambie quoted earlier, but I can't be bothered to opine more sorry because it's all essentially unknowable stuff and I'm sick of that.
Epoch Times is the Falun Gong house organ.

God I love to say organ in conjunction with politics....
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February 09, 2020, 09:18:46 PM
Merited by Gyrsur (1)


ppl group 0: mined/bought at any price --> sold never

I'd rather be on the other groups than taking my coins to my grave.

All that wealth don't mean shit when you are dead. At some point you should want to cash out if not, something isn't right there.


No it means everything went right and you never have to cash out because you can just make your purchases with BTC never to touch fiat again.



EDIT:


ppl group 0: mined/bought at any price --> sold never

I'd rather be on the other groups than taking my coins to my grave.

All that wealth don't mean shit when you are dead. At some point you should want to cash out if not, something isn't right there.

no, this is not what it is meaning. one of the primary aims of Bitcoin was to establish an alternative system to the FIAT system where you never need to change your bitcoins to fiat and fiat back to bitcoins. --> http://What is Bitcoin? (v1)

Hah, you beat me to it. Cheesy
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February 09, 2020, 09:20:41 PM

interesting
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February 09, 2020, 09:24:37 PM

Don't get mad at Luc.

He doesn't say it is going go to $6k without any conditions.

He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.

This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.

This time BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up.  Cool
When it hits $100k the fomo will be real. I definately agree that we can see it run up to anywhere between $200k-$400k, and this will all go down within a month or so after hitting $100k

Better to be safe than sorry and prep your livers for 4 parties. 100k, 200k, 300k, 400k.


https://liverfoundation.org/13-ways-to-a-healthy-liver/


... or keep 4 liver transplants handy...  Cool
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February 09, 2020, 09:38:07 PM

https://www.bitcoinblockhalf.com/

Reward-Drop ETA date: 12 May 2020 06:07:14

92 days to go gentlemen.

The Bitcoin block mining reward halves every 210,000 blocks, the coin reward will decrease from 12.5 to 6.25 coins.
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February 09, 2020, 09:48:59 PM
Merited by LFC_Bitcoin (2)

Another good one from digitalis.net

Quote

Does this chart make any sense?

It shows for every day (X axis) how many days before it closed with higher price.



https://twitter.com/digitaliknet/status/1226584183008616450?s=21

Yes, it makes sense to me.
My body is ready.
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