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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25459038 times)
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August 02, 2021, 04:35:01 PM

BREAKING: HSBC, the 6th largest bank in the world, has now BANNED all payments towards Binance Exchange.


Source: https://twitter.com/CryptoWhale/status/1422231144188239879

 That says they're stopping payments "from our credit cards to Binance wherever possible"  but transferring money from HSBC to Binance has been an issue for years now.
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August 02, 2021, 04:42:36 PM

Quote
July closing price $41,490 ... it bounced from the lows, like clockwork

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August 02, 2021, 04:54:54 PM

local consolidation as ALT II starts up it appears
1h



soft underside of the 4h is showing sporadic support levels indicating volatility
4h



spinning top daily(kinda but not really)...wen ETH go PoS?  alts might be ascendant until then
D



looks middle of the road today..big steps down if we head that way...consolidation around 40 if not
dyor


meanwhile..bitcoin continues to trade near $40k
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August 02, 2021, 05:01:27 PM


Explanation
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August 02, 2021, 05:11:14 PM
Merited by AlcoHoDL (1), aysg76 (1)

The future we are anticipating some years ahead from now like bitcoin would be mainstream and used by all like mode of payment maybe coming soon than we expect it to be.


When local residents will be willing to take Bitcoin payments then nobody can stop it to further rise and intially this was main aim that it could be used as alternate to fiat.I see this coming true soon and hope to see some more posters on the wall in my area also.

Lol not too long ago, EVERYONE here was saying. We do not need the Small People in here(BTC)... We only need the Rich Folks  Grin oh how i love to see JayJuanGee merit it since he was the biggest advocate for it Cheesy

Time has proven me Wise, Again and again.

Huh?  What has a no coiner like you said that was correct, exactly?

Have you coordinated your actions with your supposed words?

Have you bought any BTC since your supposedly losing BTC in GOX in early 2014?  or you just ongoingly begging and failing to actually act to actually buy some BTC, even if you might ONLY be able to afford $10 per week?

Even ONLY a year of buying BTC at $10 per week would have put you in a better place than merely ongoingly whining as a no coiner... You would have had $530 invested which would be 0.02364BTC - current $945 value.. - about a 79% return in one year. it's a start, and better than nothing... You gotta do what you gotta do, and in bitcoin it seems that it is better to do something beyond just whine.

Of course, 7 years of $10 per week would have put you in even a better position of having had invested $3,660, but having nearly 4 BTC and $166,451 of value - about a 44.5x return over 7 years...

So for sure the earlier you get started the better, and just stick with some kind of plan, even if a modest one and down the road you have decent chances being in a better place, even if positive returns are not guaranteed, bitcoin still does seem to be amongst the best (if not the best) of investments to make, even currently and even considering upside potential versus downside risk.
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August 02, 2021, 05:17:04 PM

The future we are anticipating some years ahead from now like bitcoin would be mainstream and used by all like mode of payment maybe coming soon than we expect it to be.


When local residents will be willing to take Bitcoin payments then nobody can stop it to further rise and intially this was main aim that it could be used as alternate to fiat.I see this coming true soon and hope to see some more posters on the wall in my area also.

Lol not too long ago, EVERYONE here was saying. We do not need the Small People in here(BTC)... We only need the Rich Folks  Grin oh how i love to see JayJuanGee merit it since he was the biggest advocate for it Cheesy

Time has proven me Wise, Again and again.

Huh?  What has a no coiner like you said that was correct, exactly?

Have you coordinated your actions with your supposed words?

Have you bought any BTC since your supposedly losing BTC in GOX in early 2014?  or you just ongoingly begging and failing to actually act to actually buy some BTC, even if you might ONLY be able to afford $10 per week?

Even ONLY a year of buying BTC at $10 per week would have put you in a better place than merely ongoingly whining as a no coiner... You would have had $530 invested which would be 0.02364BTC - current $945 value.. - about a 79% return in one year. it's a start, and better than nothing... You gotta do what you gotta do, and in bitcoin it seems that it is better to do something beyond just whine.

Of course, 7 years of $10 per week would have put you in even a better position of having had invested $3,660, but having nearly 4 BTC and $166,451 of value - about a 44.5x return over 7 years...

So for sure the earlier you get started the better, and just stick with some kind of plan, even if a modest one and down the road you have decent chances being in a better place, even if positive returns are not guaranteed, bitcoin still does seem to be amongst the best (if not the best) of investments to make, even currently and even considering upside potential versus downside risk.


Juan, no i do not have 10 $ at the end of the Month to spend on Bitcoin.
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August 02, 2021, 05:25:48 PM

The future we are anticipating some years ahead from now like bitcoin would be mainstream and used by all like mode of payment maybe coming soon than we expect it to be.


When local residents will be willing to take Bitcoin payments then nobody can stop it to further rise and intially this was main aim that it could be used as alternate to fiat.I see this coming true soon and hope to see some more posters on the wall in my area also.

Lol not too long ago, EVERYONE here was saying. We do not need the Small People in here(BTC)... We only need the Rich Folks  Grin oh how i love to see JayJuanGee merit it since he was the biggest advocate for it Cheesy

Time has proven me Wise, Again and again.

Huh?  What has a no coiner like you said that was correct, exactly?

Have you coordinated your actions with your supposed words?

Have you bought any BTC since your supposedly losing BTC in GOX in early 2014?  or you just ongoingly begging and failing to actually act to actually buy some BTC, even if you might ONLY be able to afford $10 per week?

Even ONLY a year of buying BTC at $10 per week would have put you in a better place than merely ongoingly whining as a no coiner... You would have had $530 invested which would be 0.02364BTC - current $945 value.. - about a 79% return in one year. it's a start, and better than nothing... You gotta do what you gotta do, and in bitcoin it seems that it is better to do something beyond just whine.

Of course, 7 years of $10 per week would have put you in even a better position of having had invested $3,660, but having nearly 4 BTC and $166,451 of value - about a 44.5x return over 7 years...

So for sure the earlier you get started the better, and just stick with some kind of plan, even if a modest one and down the road you have decent chances being in a better place, even if positive returns are not guaranteed, bitcoin still does seem to be amongst the best (if not the best) of investments to make, even currently and even considering upside potential versus downside risk.


Juan, no i do not have 10 $ at the end of the Month to spend on Bitcoin.

 Do it at the beginning of the month and economize elsewhere at month's end.
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August 02, 2021, 05:34:12 PM

I think this should be developed into a poll question.
I do think so too. At least, it will show us how.the.divide.is.structured.
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August 02, 2021, 05:53:27 PM
Merited by El duderino_ (10), Torque (1), d_eddie (1)

Here are my 2c on Fed vs bitcoin.

It looks like the gov is in a mad rush to find anything extra that they could tax and spend.
In lieu of this, I think that it is exceedingly unlikely for them to effectively ban bitcoin, etc. since they would be decreasing, not increasing their tax base.
Witness gradual opening of the weed trade in US, the taxation of which definitely contributes to the individual states coffins. There was no tax and no revenue henceforth when it was illegal.

That said, they project completely unrealistic (currently) amounts that they can raise via bitcoin taxation as it is a small sliver of the overall economic activity and there lies some problems as they expect a lot more than they would see and when they would see a trickle instead of the flood, what conclusion would they have?
The answer is rather obvious and it would NOT be that they admit to overestimation.
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August 02, 2021, 06:01:33 PM


Explanation
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August 02, 2021, 06:18:10 PM

Bitcoin whales have set a new record for the accumulation of bitcoin:



9, 23 million BTC is now in the wallets of the whales. The number of active addresses has also increased:

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August 02, 2021, 06:44:13 PM

Here are my 2c on Fed vs bitcoin.

It looks like the gov is in a mad rush to find anything extra that they could tax and spend.
In lieu of this, I think that it is exceedingly unlikely for them to effectively ban bitcoin, etc. since they would be decreasing, not increasing their tax base.
Witness gradual opening of the weed trade in US, the taxation of which definitely contributes to the individual states coffins. There was no tax and no revenue henceforth when it was illegal.

That said, they project completely unrealistic (currently) amounts that they can raise via bitcoin taxation as it is a small sliver of the overall economic activity and there lies some problems as they expect a lot more than they would see and when they would see a trickle instead of the flood, what conclusion would they have?
The answer is rather obvious and it would NOT be that they admit to overestimation.

Exactly.

On weed: The people believe that "finally the govt is coming around how harmless weed is, and that is why they're making it legal."

No you idiots, in these desperate times, they are desperate to tax your weed purchases. It has nothing to do with the govt protecting or not protecting you.

Hell, they would legalize fentanyl, heroin, and crack cocaine and make it OTC if the health risks weren't so bad.

At this point they don't give a shit what the people buy (within reason/legality), as long as they can tax it. They are desperate for money and are looking under every rock.
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August 02, 2021, 07:01:27 PM


Explanation
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August 02, 2021, 07:04:49 PM

Dear bitcoin minimalists please use this ramp



As the aged skater, i'd quickly shred down this ramp instead of trying to jump the stairs or slide the handrail and probably break some bones  Grin
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August 02, 2021, 07:07:12 PM
Merited by vapourminer (1)

...

Moar consolidation in the Bitcoin industry.  LibertyX is that company that struck a deal with CVS and 7-Eleven to allow buying BTC for cash.  I wrote positively about buying BTC from them at a local CVS some months ago.  They are apparently the largest BTM operator as well.  Link:

https://bitcoinmagazine.com/business/ncr-acquires-bitcoin-atm-provider-libertyx

I have no idea what this might mean for BTC price speculation though..
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August 02, 2021, 07:13:57 PM

...

Moar consolidation in the Bitcoin industry.  LibertyX is that company that struck a deal with CVS and 7-Eleven to allow buying BTC for cash.  I wrote positively about buying BTC from them at a local CVS some months ago.  They are apparently the largest BTM operator as well.  Link:

https://bitcoinmagazine.com/business/ncr-acquires-bitcoin-atm-provider-libertyx

I have no idea what this might mean for BTC price speculation though..
Probably will not affect the price of BTC that much if anything at all but it is positive news for sure.
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August 02, 2021, 07:14:35 PM

The future we are anticipating some years ahead from now like bitcoin would be mainstream and used by all like mode of payment maybe coming soon than we expect it to be.


When local residents will be willing to take Bitcoin payments then nobody can stop it to further rise and intially this was main aim that it could be used as alternate to fiat.I see this coming true soon and hope to see some more posters on the wall in my area also.

Lol not too long ago, EVERYONE here was saying. We do not need the Small People in here(BTC)... We only need the Rich Folks  Grin oh how i love to see JayJuanGee merit it since he was the biggest advocate for it Cheesy

Time has proven me Wise, Again and again.

Huh?  What has a no coiner like you said that was correct, exactly?

Have you coordinated your actions with your supposed words?

Have you bought any BTC since your supposedly losing BTC in GOX in early 2014?  or you just ongoingly begging and failing to actually act to actually buy some BTC, even if you might ONLY be able to afford $10 per week?

Even ONLY a year of buying BTC at $10 per week would have put you in a better place than merely ongoingly whining as a no coiner... You would have had $530 invested which would be 0.02364BTC - current $945 value.. - about a 79% return in one year. it's a start, and better than nothing... You gotta do what you gotta do, and in bitcoin it seems that it is better to do something beyond just whine.

Of course, 7 years of $10 per week would have put you in even a better position of having had invested $3,660, but having nearly 4 BTC and $166,451 of value - about a 44.5x return over 7 years...

So for sure the earlier you get started the better, and just stick with some kind of plan, even if a modest one and down the road you have decent chances being in a better place, even if positive returns are not guaranteed, bitcoin still does seem to be amongst the best (if not the best) of investments to make, even currently and even considering upside potential versus downside risk.


Juan, no i do not have 10 $ at the end of the Month to spend on Bitcoin.

That's what happens when you spend your entire wage on hookers & blow....  Grin
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August 02, 2021, 07:26:45 PM

The future we are anticipating some years ahead from now like bitcoin would be mainstream and used by all like mode of payment maybe coming soon than we expect it to be.


When local residents will be willing to take Bitcoin payments then nobody can stop it to further rise and intially this was main aim that it could be used as alternate to fiat.I see this coming true soon and hope to see some more posters on the wall in my area also.

Lol not too long ago, EVERYONE here was saying. We do not need the Small People in here(BTC)... We only need the Rich Folks  Grin oh how i love to see JayJuanGee merit it since he was the biggest advocate for it Cheesy

Time has proven me Wise, Again and again.

Huh?  What has a no coiner like you said that was correct, exactly?

Have you coordinated your actions with your supposed words?

Have you bought any BTC since your supposedly losing BTC in GOX in early 2014?  or you just ongoingly begging and failing to actually act to actually buy some BTC, even if you might ONLY be able to afford $10 per week?

Even ONLY a year of buying BTC at $10 per week would have put you in a better place than merely ongoingly whining as a no coiner... You would have had $530 invested which would be 0.02364BTC - current $945 value.. - about a 79% return in one year. it's a start, and better than nothing... You gotta do what you gotta do, and in bitcoin it seems that it is better to do something beyond just whine.

Of course, 7 years of $10 per week would have put you in even a better position of having had invested $3,660, but having nearly 4 BTC and $166,451 of value - about a 44.5x return over 7 years...

So for sure the earlier you get started the better, and just stick with some kind of plan, even if a modest one and down the road you have decent chances being in a better place, even if positive returns are not guaranteed, bitcoin still does seem to be amongst the best (if not the best) of investments to make, even currently and even considering upside potential versus downside risk.


Juan, no i do not have 10 $ at the end of the Month to spend on Bitcoin.

That's what happens when you spend your entire wage on hookers & blow....  Grin
A good investment Cheesy
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August 02, 2021, 07:32:40 PM
Last edit: August 02, 2021, 07:43:14 PM by eXPHorizon



That's what happens when you spend your entire wage on hookers & blow....  Grin


Nah that aint me, i did try Cocaine once tho. But i seen how it Turned my friends into Toilet going maniacs lol i instantly quit and told them this aint for you and me boys. Sucks to be me huh Cheesy

BUT, i can tell you 1000% that there are individuals in here with us who have no problem with it Tongue

I am in this situation exacly because of them, i lost all my Fortune because of the Cocaine Addicts.

Coding isnt hard if you are tought about it at a certain age.. It is all about being told how to do it. Without that.. i doubt there would be any Cocaine Coders Cheesy



HEY IT IS YOUR FAULT FOR BRINGING IT UP
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August 02, 2021, 08:01:28 PM


Explanation
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