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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25493220 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. (158 posts by 14 users with 9 merit deleted.)
BitcoinGirl.Club
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March 11, 2020, 05:45:40 PM

You know what panic and pandemic have in common? Take a closer look.

PANDEMIC

Observing @ $ 7,675 😜
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nutildah
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March 11, 2020, 05:46:33 PM

It was specifically meant to go way up in price. Otherwise it would never have gotten off the ground.

I don't remember Satoshi saying that.
Which is not relevant at all.

It's entirely relevant, because you're saying you know more about what Satoshi wanted from bitcoin than he did.

Satoshi never speculated on the price of bitcoin. He worked hard to made sure that it worked, but he never promised it would go "way up in price," because only con artists and charlatans use that kind of talk.

We (or more accurately, bitcoin users) give bitcoin value by using it for its primary purpose: acting as a currency. It's one of bitcoin's intrinsic properties that makes it cool. Like I've said before, gold has value not just because it is scarce; it has value because you can do cool shit with it.

It doesn't matter what he wanted. He did a thing, gifted it to the world and left to let it grow on its own. We are living a real world Ayn Rand story and I am amazed that more people don't see that.

You said bitcoin was "specifically meant to go way up in price." That's the part I had a problem with. Satoshi didn't design bitcoin for that purpose. Proof of this lies in the million (or more) untouched Satoshi-mined coins. If he was motivated by profit, he would have moved them a long, long time ago. I don't think there's any sort of long-term scheme we don't see in that regard; I think the coins won't ever move.
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March 11, 2020, 05:48:32 PM

Switzerland has (as of posting this) 645 cases reported / 613 confirmed, 3 death so far (all already in critical condition before infection). These numbers will change once the ICU capacity is used up but it's still looking like a slightly more contagious but slightly less dangerous flu.
Hold up. The flu has a 0.1 lethality. How is that higher than 0.5?
Hueristic
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March 11, 2020, 05:51:49 PM

Paper wallet?

Paper wallet with satoshi's face on it to increase the effect.



Shit you guys win. Smiley

gotta run l8rs


...where's that mask at? Right!
mindrust
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March 11, 2020, 05:52:48 PM

You know what panic and pandemic have in common? Take a closer look.

PANDEMIC

Observing @ $ 7,675 😜

We are all going to die and not just that... we'll die POOR! Worst of both worlds.

$7655! Shocked

(I wish I didn't throw that 5 grand on btc today fck, good news is the support line still holds but  FOR HOW LONG???)
Ibian
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March 11, 2020, 05:55:13 PM
Merited by VB1001 (1)

Holy shit the worlds premier health organization is only a week or two late! Stop the presses!
Ibian
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March 11, 2020, 05:58:25 PM

Good morning Bitcoinland.

Sideways... $7860USD/$10804CAD (Bitcoinaverage).

Ho hum.

What middle class?

Employees.

Serfs.

Peasants.
I think peasants might even be above serfs. Depending on region and time period.

Reminds me of a quote. Gold is the money of kings, silver is the money of nobility, barter is the money of peasants, and debt is the money of slaves.
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March 11, 2020, 06:00:37 PM

It was specifically meant to go way up in price. Otherwise it would never have gotten off the ground.

I don't remember Satoshi saying that.
Which is not relevant at all.

It's entirely relevant, because you're saying you know more about what Satoshi wanted from bitcoin than he did.

Satoshi never speculated on the price of bitcoin. He worked hard to made sure that it worked, but he never promised it would go "way up in price," because only con artists and charlatans use that kind of talk.

We (or more accurately, bitcoin users) give bitcoin value by using it for its primary purpose: acting as a currency. It's one of bitcoin's intrinsic properties that makes it cool. Like I've said before, gold has value not just because it is scarce; it has value because you can do cool shit with it.

It doesn't matter what he wanted. He did a thing, gifted it to the world and left to let it grow on its own. We are living a real world Ayn Rand story and I am amazed that more people don't see that.

You said bitcoin was "specifically meant to go way up in price." That's the part I had a problem with. Satoshi didn't design bitcoin for that purpose. Proof of this lies in the million (or more) untouched Satoshi-mined coins. If he was motivated by profit, he would have moved them a long, long time ago. I don't think there's any sort of long-term scheme we don't see in that regard; I think the coins won't ever move.
By design, yes. It's all code, and humans in groups are predictable. Nothing that has happened in the past 11 years is a coincidence. We are monkeys dancing to the tune of John Galt.
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March 11, 2020, 06:04:43 PM

I'm still waiting for the 100 point font of PANIC on the CNN web site.

Eh, another day.
BitcoinGirl.Club
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March 11, 2020, 06:10:56 PM

We are all going to die and not just that... we'll die POOR! Worst of both worlds.

$7655! Shocked

(I wish I didn't throw that 5 grand on btc today fck, good news is the support line still holds but  FOR HOW LONG???)
Observing @ $7,629

Under $6k soon.



PANIC level takes place 😜 !
mindrust
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March 11, 2020, 06:12:34 PM

We are all going to die and not just that... we'll die POOR! Worst of both worlds.

$7655! Shocked

(I wish I didn't throw that 5 grand on btc today fck, good news is the support line still holds but  FOR HOW LONG???)
Observing @ $7,629

Under $6k soon.



PANIC level takes place 😜 !




If any of you haven't already, now is a good time to...

MasterLuc says hello.
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March 11, 2020, 06:23:10 PM

via Imgflip Meme Generator

The world is truly filled with people that doesn't belong to be among others.... I'm sometimes really starting to dislike human behavior overall  Undecided

Positive this isn't a BTC enthousiast or community member Roll Eyes
What do you think? Sacrifice him to the gods or burn him as a witch?
Both.
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March 11, 2020, 06:35:13 PM

We are back in the meme-angle. Reduce the panic levels. I expect a green candle tomorrow. If not, its gonna be very bad.
Dabs
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The Concierge of Crypto


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March 11, 2020, 06:38:36 PM

You guys watching the traditional stock markets? Everything is on sale.
bones261
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March 11, 2020, 06:39:43 PM

You guys watching the traditional stock markets? Everything is on sale.
Even gasoline is on sale.
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March 11, 2020, 06:41:37 PM

You guys watching the traditional stock markets? Everything is on sale.

It's been clear out sale since last week.

It could be seen as value buying or knife catching, depending on perspective.
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March 11, 2020, 06:50:53 PM
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I'm thinking of playing the US stocks a little more. There is some predictable price action ahead.

For example: By the end of the week, some kind of stimulus package will be passed by the government. Markets skyrocket. Next week, following logarithmic viral spread and increased testing, the market will crash further.
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March 11, 2020, 06:51:06 PM
Merited by Hueristic (1)


Proles.
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March 11, 2020, 06:53:49 PM

MasterLuc says hello.

His long-term chart.

JimboToronto
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March 11, 2020, 06:55:24 PM

You guys watching the traditional stock markets? Everything is on sale.
Even gasoline is on sale.

Not toilet paper though.
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