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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368164 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. (174 posts by 3 users with 9 merit deleted.)
AlcoHoDL
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February 10, 2021, 08:04:37 AM

I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Cry

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC...  Cheesy
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El duderino_
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BTC + Crossfit, living life.


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February 10, 2021, 08:14:30 AM

I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Cry

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC...  Cheesy

A better one as mine for sure...  Cheesy
BitcoinBunny
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February 10, 2021, 08:30:36 AM

I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Cry

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC...  Cheesy

Same.
If my car was worth 4.5 BTC, I'd sell it, buy 4 BTC and a car worth no more than .4.

In 5 years time I'd buy a Tesla for .05 BTC
TheBeardedBaby
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February 10, 2021, 08:55:47 AM
Last edit: February 10, 2021, 09:17:43 AM by TheBeardedBaby
Merited by JayJuanGee (1)

Hope he won't get scammed. But kind of bullish sign.



Forgot to add: https://twitter.com/elonmusk/status/1359409599972007936

A small update to cover the full story Smiley
600watt
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February 10, 2021, 08:58:31 AM

the poll results confirm what a marketing wizard mr musk is.


Question:   After the recent news, do you now want to buy a Tesla?

I didn't before, or was unsure, but do now   - 7 (6.5%)
I wanted to before, and still do   - 27 (25.2%)
I wasn't interested before, but I'm considering it now   - 24 (22.4%)
No   - 49 (45.8%)
Total Voters: 107
Arriemoller
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February 10, 2021, 09:11:53 AM
Merited by JimboToronto (1)

I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Cry

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC...  Cheesy

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money on your car.
BitcoinGirl.Club
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February 10, 2021, 09:15:58 AM

When I have bitcoin, why would I buy Tesla?

Cause bitcoin can't teleport you to a store/restaurant/movies etc... (yet)
I thought we are talking about the Tesla share rise 😛
BitcoinGirl.Club
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Farewell LEO: o_e_l_e_o


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February 10, 2021, 09:18:42 AM

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money bitcoin on your car.
I guess you meant bitcoin?
FTFY 😉
ivomm
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All good things to those who wait


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February 10, 2021, 09:25:07 AM
Merited by JayJuanGee (1), serveria.com (1)

The sky outside is clear and blue, temps around 20C. Very nice for a Winter  Grin The same applies for Bitcion. The sky is clear of FUD, and Bitcoin shines with all its glory with a promise for a very hot Summer.   While before there was some fear of a ban from the feds, now this looks improbable. With major companies and hedge funds into Bitcoin, any legal action against Bitcoin could bring their shares down, which may lead to many negative consequences for the US economy. The news are reporting the latest developments, and expecting more companies to join soon. The comments from the ignorant nocoiners after facebook and twitter posts show their utter dismay. They thought Bitcoin is a ponzi, but now suddenly it becomes a world recognized store of value like gold. Surprise, surprise! Meanwhile Bitcoin is climbing to a remarkable milestone - $50K. Yep, and Summer is coming!  Wink
serveria.com
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Privacy Servers. Since 2009.


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February 10, 2021, 09:42:54 AM

I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Cry

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC...  Cheesy

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money on your car.

Let me guess: is it a Volvo?  Cool
serveria.com
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February 10, 2021, 09:53:30 AM
Merited by The Sceptical Chymist (2)

The sky outside is clear and blue, temps around 20C. Very nice for a Winter  Grin The same applies for Bitcion. The sky is clear of FUD, and Bitcoin shines with all its glory with a promise for a very hot Summer.   While before there was some fear of a ban from the feds, now this looks improbable. With major companies and hedge funds into Bitcoin, any legal action against Bitcoin could bring their shares down, which may lead to many negative consequences for the US economy. The news are reporting the latest developments, and expecting more companies to join soon. The comments from the ignorant nocoiners after facebook and twitter posts show their utter dismay. They thought Bitcoin is a ponzi, but now suddenly it becomes a world recognized store of value like gold. Surprise, surprise! Meanwhile Bitcoin is climbing to a remarkable milestone - $50K. Yep, and Summer is coming!  Wink

Indeed. Bitcoin is now everywhere: in pension funds, central banks etc. They can't stop. They won't stop. Like a junkie needing his fix, they can't leave BTC now. Every pump will make them go deeper as it's basically the only asset that isn't devaluating. Everyone hodling Tesla shares is now a BTC hodler!  Cool Now waiting for Apple and Amazon to join in! We will be filthy rich guys!   Cool  
UnDerDoG81
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February 10, 2021, 09:58:48 AM

The desperation of the fakestream media. Who would have really thought one day we will make it this far? The swamp is now attacked from many sides. Great times to be alife.

https://amp.n-tv.de/wirtschaft/Der-Bitcoin-bleibt-nutzlos-article22349144.html
friends1980
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February 10, 2021, 10:13:22 AM

Pump incoming? Never mind.
UnDerDoG81
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February 10, 2021, 10:23:27 AM

It sucks that all the money seems to still flow into alts. Look at Binance coin. Yesterday I thought it will crash after that pump. Today it gained another 50%. I feel like everybody is getting rich while I wait for bitcoin to make 5% lol.

I know shitcoins and all but damn ı wish I would have bought some when they were cheap. So had lots of money now to buy more bitcoin.
Wekkel
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yes


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February 10, 2021, 10:36:05 AM

I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Cry

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC...  Cheesy

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money on your car.

Let me guess: is it a Volvo?  Cool

A Lada?
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February 10, 2021, 10:38:30 AM
Last edit: February 10, 2021, 11:02:01 AM by strawbs
Merited by JayJuanGee (1)

It sucks that all the money seems to still flow into alts. Look at Binance coin. Yesterday I thought it will crash after that pump. Today it gained another 50%. I feel like everybody is getting rich while I wait for bitcoin to make 5% lol.

I know shitcoins and all but damn ı wish I would have bought some when they were cheap. So had lots of money now to buy more bitcoin.

5%? BTC went up 20% the other day. 1,000% over the last couple of years. Just zoom out.
Krubster
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February 10, 2021, 10:41:59 AM
Merited by JayJuanGee (1), jojo69 (1)

MtGox payout guide and calculator

Quote
* Your claims in each currency is converted into "goxyen" at fixed valuations.
* If you had a bankruptcy fiat claim, you're awarded the entire bankruptcy valuation of that claim plus 25.9% delay damages in full in goxyen.
* If your remaining combined fiat and crypto claims, you're awarded the first 200,000 goxyen in full, starting with fiat.
* If you choose early payment, you get 21% of your remaining claim amounts awarded as goxyen.
* Otherwise, you wait until the end of the process for the final payment rate. (There may be interim distributions while you wait.)
* Of your awarded BTC/BCH claims, some of the amount will be repaid in JPY (30% or so), so your actual awarded BTC/BCH will be lower than the nominal payout rate.
* You can receive your awarded BTC/BCH at a designated exchange, alternatively the trustee will sell the coins for you and send you the resulting cash instead.

Great guide, Kim at WizSec delivers again.

The difference of the two options as explained in the guide
Quote
The Early Lump-Sum Payment option gives you a fixed 21% of your remaining claim. This number is based on the trustee's estimate of the final percentage. Your claim against current assets will be considered already settled regardless of what the actual percentage ends up being, though you can still share in hypothetical future recoveries of additional assets.

The Final Payment option means waiting in all likelihood several more years until the end of civil rehabilitation, while remaining disputes run their course. The final payout rate will depend on actual assets and liabilities remaining at that point. If the trustee wins the majority of disputes or additional assets are recovered, this can lead to a higher payout than 21%.

However, if the trustee loses ongoing disputes or costs are greater than anticipated, the payout can drop below 21%. In extreme cases (such as CoinLab winning its lawsuit), the trustee could be forced to liquidate more coins.

Let say your claim is 10 BTC, the difference in BTC/BCH between the two options would be something like this
Early: 1.435 BTC, 1.435 BCH
Final: 1.616 BTC, 1.630 BCH

I'm definitely leaning towards the early payout option. This process could potentially go on for years, and if you believe you could make more than 10% in profit getting access to them early -- or simply just want to put this behind you, the early option would only make sense.

I know there are more creditors here, what's your take on this?

Also, this
Quote
Next, creditors have to vote on the plan. In order for the rehabilitation plan to be be accepted, over 50% of cast votes must be in favor, but they must also represent over 50% of all determined claim value (in goxyen). The latter requires hundreds of the largest creditors to vote in favor of the plan, and while this will probably happen, with large creditor groups ready to organize and rally everyone to vote in favor. Remember, the only alternative on the table is to return to bankruptcy, which means less money for everyone.

To reiterate: when it's time to vote, you should absolutely vote YES for the civil rehabilitation plan, or we all risk losing everything we fought for over the last several years!
Arriemoller
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February 10, 2021, 10:44:41 AM

I realized, that I only will get 4.5 btc for my car (okay, maybe 4 BTC I have to remove 20%, because it's used)... Last week it was 5... Cry

Wow, 4 BTC? What kind of car do you have?

My car is worth way under 1 BTC...  Cheesy

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money on your car.

Let me guess: is it a Volvo?  Cool

Yes!
A Volvo 940 automatic -92, you wanna see a picture?
Arriemoller
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February 10, 2021, 10:46:17 AM

My car is worth 0.001 bitcoin, and that's being generous, it runs great, starts without problem even now in the ice cold winter, and next year it will be 30 years old and no tax will ever have to be paid on it again. That's how you save money bitcoin on your car.
I guess you meant bitcoin?
FTFY 😉

Are you saying bitcoin isn't money?
vapourminer
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what is this "brake pedal" you speak of?


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February 10, 2021, 10:47:18 AM

There's about a million other forums out there for bitcoin/crypto and all of them are dead as dead can be. Nothing, no matter the software, will ever be the same as spending time where satoshi started it all Smiley

good enough for Satoshi, good enough for me. if it ever changed to other forum software i would freak out actually.

but, the one thing i would like to see here is yubikey 2FA. or 2FA anything really. with the reputations (trust scores), escrow folks, merit sources and such it kinda needs it imo. but im just a bloke in the peanut gallery so as long as i can throw peanuts im happy enough.

oh yeah and bring back that glowing ignore icon. i really miss that.
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