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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330484 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.)
rdbase
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October 02, 2020, 12:10:21 PM
Merited by JayJuanGee (1)

I bought my 3th Trezor and it's shipped to my mailbox. Smiley

Received a promo code for a 10% discount for a friend ore family member but i don't tell them that i own this device for personal security reasons.

If anybody here is interested/planning to buy a product from the Trezor website PM me i'll give you the code.

I don't handpick anybody just random. (The promo code is valid for 2 months)
Sure, send it my way. I do not own a physical wallet yet and have been in favor of getting a model-T for over the past year.
So will take the plunge on a trezor. Cool

Interesting to wake up this morning to news like that. Guess even the Presidential "Bubble" didn't keep it out.

Now we get to see what happens when reality invades this little bubble. Good chance he will be fine. Possible chance very sick. Small chance he will be in a coma or ventilator. Which will make for some interesting decisions.

Hm.
This is a news bomb for sure.
So all those Proud boys and the like who attended his rallies last month have in all likely hood put themselves in a situation to contract it?
Saturday night live writers are going to be working hard for the next 24 hours to get material together for the show this weekend because they going to be televising the show tomorrow night to a live audience. Which will incorporate only cast members close family & friends and closely screened people who do not have the disease already to participate in the viewing.
Much more security involved compared to those trump rallies.

Wait.. shouldn't Biden be concerned he might have gotten it since trump was going full commando not wearing his face thong during the presidential debate a couple of days ago? Embarrassed

Official statement from Bitmex:
Quote
[Forwarded from BitMEX Announcements]
United States CFTC & DOJ filing
In response to reports of the U.S. Commodity Futures Trading Commission and Department of Justice's decision to file charges against HDR Global Trading Limited and related parties, we have the following statement:
“We strongly disagree with the U.S. government’s heavy-handed decision to bring these charges, and intend to defend the allegations vigorously. From our early days as a start-up, we have always sought to comply with applicable U.S. laws, as those laws were understood at the time and based on available guidance.”

In the meantime, the BitMEX platform is operating entirely as normal and all funds are safe. To allay any potential customer concerns, pending withdrawal requests were processed at 17:45 UTC, in line with our standard procedures. We will process another off-cycle withdrawal at 08:00 UTC, 02 Oct 2020, and then 13:00 UTC, as usual.
If you have any further enquiries, please contact Support: https://www.bitmex.com/app/support/contact

leader of the first citadel?
Spoiler: I haven't watched season finale yet but tiger king-->
Ezekiel dies in TWD. Wink

There is one thing.. Hayes has brass balls to say these things(Well atleast his lawyers did or the statement would have been riddled with 'if you want to fuck then go fuck ur motha' talk) to the DOJ and the US government entities knowing they can't touch him.
But now he would need to be like a John Mcafee and flee the country never to return or he will be arrested if found on US soil.
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October 02, 2020, 12:16:05 PM

My initial thought is that Biden is ok: The protocols at the debate were strong and oddly enough Trump would demand protections as he is a germophile.

However Trump did make a mistake by allowing his cum dumpster to get close to him. Or maybe frenching a Proud Boy, possible as well. These things do happen....
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October 02, 2020, 12:59:44 PM
Merited by El duderino_ (2)



Wouldn't be suprised if it was an election stunt because i don't trust Trump at all.

 Is there a politician you can trust?  Other than a dead one that is.
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October 02, 2020, 01:00:38 PM

Meme quote - Jihan Wu

Outdated, obsolete language.  Don’t you know that this isn’t the horse-and-buggy days?  Language evolves.

There is now a much worse “four-letter word”.

Quote from: nullius (DRAFT)
2016, with obsolete language:


2018, after Faketoshi stuck a fork in his back, Jihan changes his tune and upgrades his F-bombs:


Whether you made this, or it is actually real.  Both make the universe a better place.  But I really WANT it to be the latter.  I am assuming from certain details it is the former.
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October 02, 2020, 01:04:53 PM

he he

Now, that planB scheme is being widely criticized as unrealistic or even unscientific, the crowd will tend to become much less wild in anticipation...and then btc would outperform.
If everybody are sitting counting their imaginary funds at $100K or above by Dec 2021, it would NOT do it.

I apologize... I never stop doing that...  I also spend time counting at $500k, and when I have had enough beer I throw in some 0.05 XMRBTC to add a golf course, or small airport to the island...
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October 02, 2020, 01:13:38 PM
Merited by bitebits (2), Amel (1)

he he

Now, that planB scheme is being widely criticized as unrealistic or even unscientific, the crowd will tend to become much less wild in anticipation...and then btc would outperform.
If everybody are sitting counting their imaginary funds at $100K or above by Dec 2021, it would NOT do it.

I apologize... I never stop doing that...  I also spend time counting at $500k, and when I have had enough beer I throw in some 0.05 XMRBTC to add a golf course, or small airport to the island...

Mmmmm the counting with big BTC-price numbers ..... Sweet
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October 02, 2020, 01:28:00 PM

They always talk about an "October surprise" during an election year.

Trump gets diagnosed with Covid-19 right on October 1st.

His self-quarantine will last 14 days, and end exactly on the day before his next debate with Biden.

What an utterly...amazing...coincidence.  The odds. Roll Eyes
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October 02, 2020, 01:29:29 PM

They always talk about an "October surprise" during an election year.

Trump gets diagnosed with Covid-19 right on October 1st.

His self-quarantine will last 14 days, and end exactly on the day before his next debate with Biden.

What an utterly...amazing...coincidence.  The odds. Roll Eyes

But will it do any good for him actually?
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October 02, 2020, 01:32:44 PM

They always talk about an "October surprise" during an election year.

Trump gets diagnosed with Covid-19 right on October 1st.

His self-quarantine will last 14 days, and end exactly on the day before his next debate with Biden.

What an utterly...amazing...coincidence.  The odds. Roll Eyes

But will it do any good for him actually?
Most chances its going to be good for him because he know how to handle these shits.
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October 02, 2020, 01:40:06 PM

They always talk about an "October surprise" during an election year.

Trump gets diagnosed with Covid-19 right on October 1st.

His self-quarantine will last 14 days, and end exactly on the day before his next debate with Biden.

What an utterly...amazing...coincidence.  The odds. Roll Eyes

But will it do any good for him actually?
Most chances its going to be good for him because he know how to handle these shits.
He knows how to spin things in his favor sure.
But his odds of winning with this tactic is looking it is going to backfire on him.

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October 02, 2020, 01:46:48 PM

Pumpyyyy. Weekendpumpyyyy
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October 02, 2020, 01:48:37 PM

They always talk about an "October surprise" during an election year.

Trump gets diagnosed with Covid-19 right on October 1st.

His self-quarantine will last 14 days, and end exactly on the day before his next debate with Biden.

What an utterly...amazing...coincidence.  The odds. Roll Eyes

It could be God himself is writing this story.
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October 02, 2020, 02:03:57 PM

They always talk about an "October surprise" during an election year.

Trump gets diagnosed with Covid-19 right on October 1st.

His self-quarantine will last 14 days, and end exactly on the day before his next debate with Biden.

What an utterly...amazing...coincidence.  The odds. Roll Eyes

It could be God himself is writing this story.

https://twitter.com/TheTweetOfGod/status/1311893145441898496

Edit: brought out the popcorn for this one. Let's see who is and who is not infected. Chairwoman of the RNC is the first one to test positive after the Trumps.
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October 02, 2020, 02:08:11 PM

His self-quarantine will last 14 days, and end exactly on the day before his next debate with Biden.

There won't be any more debates, obviously. So the date doesn't matter.
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October 02, 2020, 02:14:57 PM

https://nypost.com/2020/10/02/chinese-state-media-outlet-mocks-trump-for-contracting-coronavirus/?utm_medium=SocialFlow&utm_campaign=SocialFlow&utm_source=NYPTwitter

CCP asking for it. I bet Trump does something to really piss them off like officially recognizing Taiwan as a country.

A little global uncertainty will be good for King Bitcoin.
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October 02, 2020, 02:17:37 PM
Merited by JayJuanGee (1)


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Another 10.6k BTC was withdrawn during BitMEX's regular withdrawal processing today (13:00 UTC)

That's 25% of BitMEX's Bitcoin (48.4k of 193k) that have been withdrawn since yesterday's CFTC charges were announced
https://twitter.com/coinmetrics/status/1312030319978196992
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October 02, 2020, 02:18:00 PM

They always talk about an "October surprise" during an election year.

Trump gets diagnosed with Covid-19 right on October 1st.

His self-quarantine will last 14 days, and end exactly on the day before his next debate with Biden.

What an utterly...amazing...coincidence.  The odds. Roll Eyes

It could be God himself is writing this story.
So it is the God theory being scripted just like what it will be when it is laid out in the book he will write in his memoirs. Cheesy
Maybe let nullius explain this to us who are dull towards these religious cues Wink
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October 02, 2020, 02:23:21 PM


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Another 10.6k BTC was withdrawn during BitMEX's regular withdrawal processing today (13:00 UTC)

That's 25% of BitMEX's Bitcoin (48.4k of 193k) that have been withdrawn since yesterday's CFTC charges were announced
https://twitter.com/coinmetrics/status/1312030319978196992


Bye bye shorting bears.  Kiss
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October 02, 2020, 02:27:53 PM
Merited by El duderino_ (4), vapourminer (2), JayJuanGee (1), 600watt (1), Karartma1 (1), psycodad (1)

EU is going full steam digital €


they list the reasons it could become necessary to issue a digital € and the most interesting reasons are

-avoiding risks of unregulated payment solutions
-preempting uptake of foreign currencies


regarding the first one I assumed this was directed towards libra. but then again... if they ever let libra happen they would regulate the hell out of it.
so... towards what is this official policy of the EU aimed at? what is an unregulated solution? the only real unregulated imaginable is bitcoin. imho the EU is acknowledging Bitcoin as a serious competitor.

regarding the second one I think this aimed towards Chinese or other cbdc´s that are being developed. this is remarkable! the EU is officially acknowledging game-theory of global financial scale: "we can't let them have all the global market"

the race has started. they all have to follow. strategically a necessity. them are studying bitcoin very closely I am sure.

here are the other reasons the give:

-complementing cash and deposits
-creating synergies with payment industry
-supporting digitalization in EU economy
-ensuring access to central bank money

(last one is interesting. what kind of scenario is this one aimed at?)
 


https://www.ecb.europa.eu/pub/pdf/other/Report_on_a_digital_euro~4d7268b458.en.pdf#page=4

I just quickly looked through, its an interesting read.

Quote
An infrastructure with some decentralisation could be used to provide a bearer digital euro, where either end users, or supervised intermediaries acting on their behalf, would verify any payment. This could be achieved through either of the following two models, which could also be combined:64
(i) Direct end-user access to the bearer digital euro;
(ii) Hybrid bearer digital euro (also allowing wholesale transactions) and account-based infrastructure.

a bearer CBDC?  Huh

Quote
Different technical solutions could be envisaged for implementing such a solution, in particular enabling the central bank to have administrator access through remote access capabilities to the digital euro systems operated by supervised intermediaries. More advanced techniques could be used whereby cryptographic proof is computed by the systems to prove to the central bank that the amounts recorded remain valid.
Finally, to ensure consistency of the amounts and avoid the abovementioned risks for end users, the latter could be given the possibility to automatically check, through their devices and applications, that their balances correspond to what is recorded in the system of the central bank. To ensure that no unintended transaction can be originated by an intermediary on behalf of a user, the end user could automatically send a request to the central bank upon initiation of a transaction (using a private signature not known to the intermediary) approving initiation of the transaction. The end user would then receive confirmation from the central bank system that the transaction had been processed.

money is going digital. there will be

-bitcoin, the only real digital scarce asset

-50k shitcoins

-10 or 20 CBDC (or if the go full shitcoin we will have 160 CBDC soon...)



should bitcoiners worry about competition in the digital scarcity game?

Quote
Requirement 4 (R4): monetary policy option. If considered to be a tool for improving the transmission of monetary policy, the digital euro should be remunerated

23) at interest rate(s) that the central bank can modify over time

 Cheesy

i have read in there somewhere that they wanted to peg it to the overall interest rate which is 0% to -0.5%

so, no ... thank you.

https://www.ecb.europa.eu/euro/html/digitaleuro-report.en.html

also see reuter link:
https://www.reuters.com/article/us-ecb-currency-digital/ecb-must-prepare-to-issue-a-digital-euro-panetta-says-idUSKBN26N0S0?utm_source=reddit.com

A CBDC is about 2 thing, power, and more money for the capital owners.

CBs represent the corporates, and in the CBs eyes the government is not doing enough to help these corporates. If it was up to the CBs there would be constant never ending fiscal responses, this would be done in a number of ways, but of particular importance is giving money to the people. CBs want inflation, because inflation helps capital owners in a massive way. Monetary responses (which is all a CB can do) have reached their limits, so if we are to continue the global ponzi we need a fiscal driver.

Now, despite what everyone thinks about CBs, CBs can't print electronic money (only the private banks can do this, and only through lending). CBs can only print reserves (bank capital), and physical cash. Now physical cash ain't going to cut it, for the simple reason being that it is anonymous, and this reduces the power of authority so no good. Plus dealing in physical is a pain in the ass. Enter the CBDC.

With a CBDC, governments now take a back seat in regards to the economy because CBDCs give the CBs the ability to create fiscal responses. And a CB doesn't have to clear its spending plans in the senate, or any other checks and balances inconveniences related to elected officials. When CBDCs arrive, you will see this helicopter money that everyone used to talk about and every citizen and non citizen alike will be flooded with this new "electronic cash". Be prepared for that inflation, because when a CBDC actually happens you'll see your inflation.

So in summary, CBDC will make CBs very powerful, and kind of like an alternative government in their own right. They also want inflation, and lots of it, so helicopter money will be a thing. The good news for us hodlers (capital owners) is that BTC along with other assets will head north and never look back. The bad news is that the people (labor) will lose out in a massive way, but they'll welcome it because it will be like a UBI. Little do they know that the inflation tax will make them worse off and the entire economy will become zombiefied with the cessation of the last remnants of capitalism. This is the decline of the west.  
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October 02, 2020, 03:17:24 PM
Merited by Torque (1)

Quote
The magic of #Bitcoin isn’t the transfer of money to someone 10,000 miles away – it is the transfer of money to someone 10,000 days away.
https://twitter.com/michael_saylor/status/1312011788708392966
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