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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25458774 times)
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August 03, 2021, 09:01:33 AM


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August 03, 2021, 09:04:14 AM
Merited by Mpamaegbu (1)

Dan Held,The Director of Growth Marketing at Kraken slaying with his words and directly targeting central authorities who now have changed their minds in bitcoin adoption.


So now will they also call themselves criminals? Smiley
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August 03, 2021, 09:58:02 AM
Last edit: August 03, 2021, 10:09:58 AM by OutOfMemory

^ How revealing  Cheesy

(EDIT: by the way:)
I blame this "correction" (EDIT: BTC not going up daily) on the "infrastructure bill"-noise that is just being generated in the US.
Yellen is not really competent, so she should not refuse to educate herself about bitcoin instead of being influenced by nocoiner shitheads.
knowledge is power.

As i fly over the last WO pages:
Kriptonyan trying to shitstorm JJG?
@ExPhorizon: Envy is something you whouldn't include in your lifestyle, otherwise you will stay in the hell you are right now.
Evolve! If you want success, you gotta do what the successful (Bitcoiners) do.
Alternative? GTFO  Grin
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August 03, 2021, 10:01:27 AM


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August 03, 2021, 10:21:32 AM
Last edit: August 03, 2021, 10:39:30 AM by Ratimov
Merited by vapourminer (1), JayJuanGee (1), aysg76 (1), OutOfMemory (1)

Glassnode has released a fresh report on the market situation: https://insights.glassnode.com/the-week-on-chain-week-31-2021/

During the campaign, the supply began to decline sharply again. More than 100 000 BTC were withdrawn from exchanges in July:



Quote
Another interesting dynamic this week is the interplay between coins held on Coinbase and Binance, the two largest exchanges by balance. Coinbase saw significant outflows throughout most of 2021, whilst Binance was the largest recipient.

The trend for Binance appears to have stalled and started to reverse, with a total outflow of approximately 37.5k BTC this week. Coinbase balances plateaued in June, saw a large deposit of around 30k BTC in mid-July, and this week an outflow of 31k BTC. This has largely unwound all inflows since mid-May. Overall, this may well be the start of another era of net exchange outflows and is a trend to watch.

The market is clearly dominated by HODLing and accumulation:



HODL !!!
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August 03, 2021, 10:40:23 AM

  people like J1G occasionally reward them with free hand outs.
Jay, when we develop a Rat problem, the solution doesn't involve feeding the Rats.

Nice little monologue Copetech, and it surely could have been worth a merit, perhaps? perhaps? except for your above lil factual misrepresentation... Might have been innocent.. perhaps?  perhaps? but it's not the first time that you have gotten some facts, logic and even conclusions wrong before based on such newbie citteee sloppiness Copetech..but hopefully you will get MOAR better with practice, practice and a wee bit more practice...

I scrolled WaY Back to find the posting I was Referring to and may have possibly gotten the referencing mixed up...?


I have told variations of the story with this particular tio several times in this thread, but I had specifically given him $10 worth of bitcoin in 2014 when the BTC price was around $385.  I did that through Circle, and they had a feature that you could claw back the gift in the event that the member had not opened their e-mail, which was the case for him, and I clawed it back in early 2016, but he contacted me in mid 2016 when BTC was around $750, and I agree to send him the same amount again, which was like $19-ish.  He then bought $300 worth of Bitcoin through Circle and then sold all of his BTC in about mid-2017 (presumably receiving long term tax treatment) for around $3,800-ish.. so he would have made something like $1,800 in profits.. and I am pretty sure that he has been a no coiner ever since...  

[Edit Snip Snip]

I already know that I won, but only trying to be charitable to him in terms of providing information if he is willing to receive it, and he does not want no charity, because he is a self-made kind of guy who has some comforts in paying his fund manager to manage his funds that my uncle has lived off for 25 years-ish... .


When I first saw this (shortly after the Rat had been called out on his begging) I took it as previously giving bits of cheese to the Rat... but now looking back, maybe it was J1GUncle that got the cheese?

Anyway memory is a very odd thing and creates very different realities for each individual. Maybe I did in fact get my reality confuzzled with your Bot Reality, but either way the overarching point still applies. Treat Rats as Rats and End up with less Stray Cats!
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August 03, 2021, 11:01:26 AM


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August 03, 2021, 11:35:27 AM

  people like J1G occasionally reward them with free hand outs.
Jay, when we develop a Rat problem, the solution doesn't involve feeding the Rats.

Nice little monologue Copetech, and it surely could have been worth a merit, perhaps? perhaps? except for your above lil factual misrepresentation... Might have been innocent.. perhaps?  perhaps? but it's not the first time that you have gotten some facts, logic and even conclusions wrong before based on such newbie citteee sloppiness Copetech..but hopefully you will get MOAR better with practice, practice and a wee bit more practice...

I scrolled WaY Back to find the posting I was Referring to and may have possibly gotten the referencing mixed up...?


I have told variations of the story with this particular tio several times in this thread, but I had specifically given him $10 worth of bitcoin in 2014 when the BTC price was around $385.  I did that through Circle, and they had a feature that you could claw back the gift in the event that the member had not opened their e-mail, which was the case for him, and I clawed it back in early 2016, but he contacted me in mid 2016 when BTC was around $750, and I agree to send him the same amount again, which was like $19-ish.  He then bought $300 worth of Bitcoin through Circle and then sold all of his BTC in about mid-2017 (presumably receiving long term tax treatment) for around $3,800-ish.. so he would have made something like $1,800 in profits.. and I am pretty sure that he has been a no coiner ever since...  

[Edit Snip Snip]

I already know that I won, but only trying to be charitable to him in terms of providing information if he is willing to receive it, and he does not want no charity, because he is a self-made kind of guy who has some comforts in paying his fund manager to manage his funds that my uncle has lived off for 25 years-ish... .


When I first saw this (shortly after the Rat had been called out on his begging) I took it as previously giving bits of cheese to the Rat... but now looking back, maybe it was J1GUncle that got the cheese?

Anyway memory is a very odd thing and creates very different realities for each individual. Maybe I did in fact get my reality confuzzled with your Bot Reality, but either way the overarching point still applies. Treat Rats as Rats and End up with less Stray Cats!

Well to see everyone are knowledgeable gues i hope and observed that everyone point discussion smoothly but i just adding something @JayJuanGee is the most knowledgeable person of bitcoin and bitcoin market,  i hope you also agreed to @JayJuanGee deserved some extra respect only for writing and knowledgeable reply, ooh yeah @JayJuanGee your uncle true? hopfully @JayJuanGee is a master for sometime so we can learn some knowledge from him and learn more things.
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August 03, 2021, 11:42:31 AM
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If anyone has been keeping up with the recent FUD it seems like there could be a big one coming out of the USA with some new kind of bullshit legislation.

https://twitter.com/jerrybrito/status/1422002228102107142

If it does go through as is, does anone here think this will be an actual problem? I'm not a miner nor US based atm so don't know how much it affect the people who are.
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August 03, 2021, 12:01:35 PM


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August 03, 2021, 12:37:04 PM

If anyone has been keeping up with the recent FUD it seems like there could be a big one coming out of the USA with some new kind of bullshit legislation.

https://twitter.com/jerrybrito/status/1422002228102107142

If it does go through as is, does anyone here think this will be an actual problem? I'm not a miner nor US based atm so don't know how much it affect the people who are.


Yes, Bitcoin will crash and burn and will never recover. Sell your bitcoins while you still can.


/In before Proudon

What I'm trying to understand is this something that may encourage miners to go elsewhere, or is it just a matter of more paperwork, or is it just nothingburger and won't be enforced.

You can pry my coins from my cold dead hands, and even then you won't get them.
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August 03, 2021, 01:01:26 PM


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August 03, 2021, 01:17:47 PM


What I'm trying to understand is this something that may encourage miners to go elsewhere, or is it just a matter of more paperwork, or is it just nothingburger and won't be enforced.

You can pry my coins from my cold dead hands, and even then you won't get them.
If I was mining I would not be doing it in the USA because of electricity not because of any new bullshit legislation that has been brought in.
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August 03, 2021, 01:24:08 PM


What I'm trying to understand is this something that may encourage miners to go elsewhere, or is it just a matter of more paperwork, or is it just nothingburger and won't be enforced.

You can pry my coins from my cold dead hands, and even then you won't get them.
If I was mining I would not be doing it in the USA because of electricity not because of any new bullshit legislation that has been brought in.

Yeah, but miners don't usually pay retail electricity rates.
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August 03, 2021, 01:25:54 PM
Merited by El duderino_ (3), JayJuanGee (1)

@BTC_Archive
#Bitcoin  bull markets have all ended AFTER going parabolic - and with the Puell Multiple in the red zone.

We are nowhere near that!



https://twitter.com/btc_archive/status/1422519678539337730?s=21






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August 03, 2021, 01:27:11 PM
Merited by xhomerx10 (1)

The dude misses 40 k already

But the dude understands very well that a big push UP followed by a small correction…

Is the way to go.

Rinse repeat
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August 03, 2021, 01:34:49 PM

The dude misses 40 k already

But the dude understands very well that a big push UP followed by a small correction…

Is the way to go.

Rinse repeat

Yep, can't go up in a straight line.
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August 03, 2021, 01:38:26 PM
Merited by slaman29 (1)

The Wolf Of All Streets
@scottmelker
https://twitter.com/scottmelker/status/1422535286073040897?s=21
So far so good. Still looking quite a bit like last December.

Healthy retrace, reset and push?
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August 03, 2021, 02:01:36 PM


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August 03, 2021, 02:47:39 PM

link from Drudge:
https://metro.co.uk/2021/08/03/people-recovering-from-covid-may-have-substantial-drop-in-intelligence-15030236/

Anecdotally, at least two recovered people who were hospitalized with covid told me that they are in a mental fog several months after release with memory being significantly affected.
This sucks.

Re bitcoin-I feel that if "they" would not allow bitcoin to blossom, we would end up like 20ies Germany, Venezuela and Zimbabwe.
A clear fork in the road. Some want to take the road that leads to hyperinflation. We should take the other path and take as many people as possible with us.
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