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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 25816061 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.)
Lambie Slayer
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February 12, 2020, 09:02:26 AM

The question is, who do you trust more. CCP, or anti CCP twitter activists and citizen journalists.

I recall the Nazis discredited any claims or proof of concentration camps as a smear campaign or nasty rumors.


And there were many false rumors. Don't even need to dig anything up, it's just basic human nature in large numbers. And it makes no sense to just toss a bunch of phones out on the street like that.

CCP specializes in things that dont make sense, so yeah, I agree.
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Lambie Slayer
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February 12, 2020, 09:13:12 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.

Panic is good when its panic buying. Wink
HairyMaclairy
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February 12, 2020, 09:36:37 AM
Last edit: February 12, 2020, 09:46:48 AM by HairyMaclairy

Fuck

Quote
HEALTHCARE WORKER AMONG BRITS INFECTED

A healthcare worker at Worthing Hospital is among the eight confirmed cases of coronavirus in the UK.

Staff at the West Sussex hospital received a memo on Tuesday telling them a member of staff working in A&E had been infected with the disease.

A spokeswomen for the Department of Health said that all services at the hospital, including surgery, were operating as normal.

It is understood the healthcare worker at Worthing Hospital is not the same person as the doctor working in Brighton, who is also one of the eight cases.

Quote
CORONAVIRUS PRISONER' WAS DRUG-DEALING KINGPIN EXTRADITED FROM THAILAND

An alleged drug-dealing kingpin is at the centre of a suspected corona-virus outbreak at a high-security jail.

Mark Rumble, 31, arrived back in the UK on January 27 after being extradited from Thailand to face charges of conspiracy to supply class A drugs.

He collapsed in his cell at category B HMP Bullingdon, near Bicester, Oxfordshire, days later.

Tonight hundreds of inmates were confined to their cells as panic spread.

An entire wing at the jail has been shut off with three cons now being tested for coronavirus.

Quote
BOJO SAYS RELAX

The PM has said the UK should be “confident and calm” amid the coronavirus threat.

He has urged Brits to “simply follow [the NHS'] advice”.

He spoke as cases rose across the UK.

https://www.thesun.co.uk/news/10913096/coronavirus-uk-nhs-brighton-live/
bitcoinPsycho
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February 12, 2020, 09:43:15 AM

Oh fuck I seem to be on the wrong forum.  I thought this was bitcointalk
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February 12, 2020, 09:45:37 AM

Oh fuck I seem to be on the wrong forum.  I thought this was bitcointalk

Sorry I wasn't around for some days  Tongue
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February 12, 2020, 09:46:39 AM

Frankly... I assume most of these videos as some old (years old) stuff that people re-post for internet points.

I can't believe you'd be so naive, dude.

I've been 'researching' all night and I have to say I'm deeply shaken by what I've uncovered.

This is two Western kids trapped in Wuhan RIGHT NOW, or at least that's what it said on Bebo. Note the violent behaviour pattern which is a known sign - https://www.youtube.com/watch?v=_OBlgSz8sSM

Chinese wildlife, despite passing it to humans, has now chosen to self isolate from us. This is the first time it's ever been observed in the animal kingdom. Check this little guy realising the cameraman has it - https://www.youtube.com/watch?v=jHjFxJVeCQs

I just don't know where to turn right now.
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February 12, 2020, 09:59:46 AM

Quote
Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

After posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.

The slowdown in the growth of so-called mining difficulty signals that miners have had to pause upgrading equipment after the epidemic prompted Chinese authorities to impose a quarantine and major mining equipment makers delayed production and shipments.

Mining difficulty – which gauges the effort required to solve math problems in order to win newly created bitcoin – adjusted on Feb. 11 to a level 0.52 percent higher than 14 days earlier, data shows. That’s a significant drop from the growth rates of 4.67 and 7.08 percent, recorded on Jan. 28 and 14, respectively.
https://www.coindesk.com/bitcoins-mining-difficulty-stagnates-as-coronavirus-outbreak-delays-new-equipment
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February 12, 2020, 10:05:44 AM
Merited by marcus_of_augustus (2), Paashaas (1)

Image loading...
El duderino_
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February 12, 2020, 10:16:24 AM

Damn Loyce I love some blockbuster movies ....  Tongue
Netflix was the loser among the oscar awards  Tongue
Gyrsur
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February 12, 2020, 10:35:49 AM

GO BTC GO!

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February 12, 2020, 11:09:08 AM

Oh fuck I seem to be on the wrong forum.  I thought this was bitcointalk
Corona-chan is relevant to our interests.
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February 12, 2020, 11:17:02 AM
Merited by ivomm (1)

Morning HODLERS & perverts!

Observing $10,336, can you smell that?
It’s the smell of winning & the distant scent of $100,000 per BTC.

I’ve just bought a cheeky little 0.04BTC, more fuel for 2021 parabolic bull run Wink

Have a great day gentlemen.


(Pic credit - @Bitcoin_bull)
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February 12, 2020, 11:17:54 AM
Merited by d_eddie (1), HairyMaclairy (1), bkbirge (1)

one last one because (I think the ones with the grey throats are jackdaws but still) punny

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February 12, 2020, 11:58:46 AM

Competition is good for business. If you are competent.

Competition is good for customers, not for the business itself. A moat is good for business.

Cheaper or free education rises the bar for competition in the business of "selling one's brain". This is bad for people already in the business of selling their brain: the higher, educated classes, since it fills the moat. But it benefits the system at large.
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February 12, 2020, 12:03:21 PM

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...

Communism is a great Idea in theory it is just untenable when applied to human beings,
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February 12, 2020, 12:18:36 PM
Merited by JayJuanGee (1), LFC_Bitcoin (1), VB1001 (1)

That's why I am not going to buy a lambo. Although theoretically I already can buy one almost new 8K km 2019 huracan right now.  Grin I prefer a beach villa for this price.

LFC_Bitcoin
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February 12, 2020, 12:22:22 PM

That's why I am not going to buy a lambo. Although theoretically I already can buy one almost new 8K km 2019 huracan right now.  Grin I prefer a beach villa for this price.



Yeah in all seriousness I won’t be buying Lambo’s. Imagine how much a car like that depreciates in value over 2-3 years. Yes I know our bitcoin’s will be worth more (presumably) as time goes on but money is money. I don’t like losing money!

I’ll just take a standard Range Rover or something & a huge house Smiley
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February 12, 2020, 12:35:16 PM

Competition is good for business. If you are competent.

Competition is good for customers, not for the business itself. A moat is good for business.

Cheaper or free education rises the bar for competition in the business of "selling one's brain". This is bad for people already in the business of selling their brain: the higher, educated classes, since it fills the moat. But it benefits the system at large.
We have seen what happens when brands get too big for too long. Blizzard was once arguably the best gaming company in the west, if not the world. And now they fucked up a remaster of a 20 year old game. Literally the worst rated game in history. All they had to do was touch up the graphics, maybe fiddle with the music, and leave well enough alone. But they could not even do that.

Too little competition leads to complacency. To getting woke. And soon enough they go broke. It's just like the cycle of empire. Competition is necessary to stay healthy.

And that's just a gaming example. It's even more important for education. Intelligence is literally the lifeblood of the modern economy.
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February 12, 2020, 12:49:55 PM

That's why I am not going to buy a lambo. Although theoretically I already can buy one almost new 8K km 2019 huracan right now.  Grin I prefer a beach villa for this price.



Yeah in all seriousness I won’t be buying Lambo’s. Imagine how much a car like that depreciates in value over 2-3 years. Yes I know our bitcoin’s will be worth more (presumably) as time goes on but money is money. I don’t like losing money!

I’ll just take a standard Range Rover or something & a huge house Smiley

Yay!  All back to LFC's then... 
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February 12, 2020, 12:59:44 PM
Merited by marcus_of_augustus (5)

Ladies and gentleman,

We have an ATH!
not only in difficulty, but also on realised price:

BTC Realised price ATH@6096.37.




https://digitalik.net/btc/realized_price#


Quote
Realized price is the realized market cap divided by total amount of generated coins (corrected 1Mil for "Satoshi coins").


The realised Capitalisation is the total bitcoin capitalisation using as valuation price of each coin the value at the time of his last transaction, instead of valuing them all at the last traded price like Market capitalisation.


Quote
The realized cap attempts to improve on the market cap by trying to discount coins that might be lost. Its crux is to value different part of the supplies at different prices, instead of using the daily close as market cap does.

For UXTO coins, this consists in valuing outputs at the price at the time of their creation. For example, for a UTXO currency of supply 10 and market price of $10, its market cap would be $100. But if the UTXO set is as follows:

Value
Time of creation
Price at time of creation
USD Value at time of creation
8.3   2009-02-01   $0.00   $0.00
1.2   2011-03-17   $1.00   $1.20
0.5   2018-11-15   $10.00   $5.00
Its realized cap would be $0.00 + $1.20 + $5.00 = $6.20 or 6.2% of its market cap as 83% of the supply hasn’t moved for years.

Find more about Realised Capitalisation here:
https://coinmetrics.io/realized-capitalization/
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