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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 26405050 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.)
ChartBuddy
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March 02, 2023, 02:01:17 PM


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Macadonian
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March 02, 2023, 02:10:19 PM
Merited by JayJuanGee (1), Toxic2040 (1), AverageGlabella (1)

I am not sure whether I completely agree with you at least in regards to there being any need to have many options for paying; however, I do agree that the facts of the ways of the world is that we already have a lot of options, and if we have a lot of options, in accordance with Gresham's law, we likely would want to spend our less valuable assets prior to spending our more valuable assets .. and each of us should be able to conclude that bitcoin is amongst the best of assets, if not the best asset, so we should not want to spend that one first - yet there could be situations in which we might want to spend and replace bitcoin or that we are already overly invested into bitcoin and in that regard, there is no problem to spend some of our bitcoin because we are relatively overallocated to it.
My reason is because a lot of countries do not have internet every where. I lot of places in Africa need offline money and sending transactions offline with Bitcoin is difficult. It can be done by giving someone a seed of a set amount but that is not ideal. We need different currencies for different things. Bitcoin is the king when it comes to global transactions but when it comes to local and quick transactions physical might be better not always but in certain times.


Yep.. for sure problems if you get old and you might not have adequately prepared .. and some older people might ONLY have a pension or social security and maybe their house and they might not have other assets and their pension and social security might not be adequate to cover their expenses, so they might have a dilemma about what to do about their living situation, and it is not necessarily a comfortable situation.. and surely there are some folks who might not even own any real estate, so they have even fewer options when their fixed incomes might be failing to keep up with their ongoing monthly expenses... so it may be too late for those people to invest in bitcoin and they should have had been investing in the past (and yeah, we did not really have bitcoin until recent times, either).

That is only if you have the liberty of a pension in the 1st place because many countries rely on their family and children to take care of them when they get older. Pensions are a western privilege but even then they are not good when you factor in inflation. I think a lot of people do not own real estate and are still paying off their mortgage up until they are 50-60.


hahahahaha

I have had similar experiences.  Talk them for a little bit, and they get less excited when it comes to figuring out how much they are able to comfortably invest... and the overwhelming majority fail/refuse to take any action.... so from my perspective, that's on them.  I did my part.
That is all we can do is our part but it is up to them if they drink from the water and take it further most people do not and they will forever be poor. I am not saying that Bitcoin will make them rich because a lot of people do not have the time or investment to profit off of it in a big way but you will be in a better place then you are now if you invest in Bitcoin even if it is only a few 1000 in a couple of years.


sometimes I am mean about it, even in real life.. but i cannot help myself.. and if they are adamant and confrontational about their choices to invest in shitcoins, then likely we cannot end up in a battle.. we just have to agree to disagree and I will not concede that I think that they are doing anything worth while, except perhaps gambling... but whatever, I am around bitcoin and into bitcoin to invest, not gamble.

I have sat through many conversations about shitcoins with my friends and they always get angry when I call them shitcoins Cheesy it is my way of coping because most of the shit they invest it is brain numbing.
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March 02, 2023, 02:45:12 PM
Merited by philipma1957 (1), JayJuanGee (1)

My reason is because a lot of countries do not have internet every where. I lot of places in Africa need offline money and sending transactions offline with Bitcoin is difficult. It can be done by giving someone a seed of a set amount but that is not ideal. We need different currencies for different things. Bitcoin is the king when it comes to global transactions but when it comes to local and quick transactions physical might be better not always but in certain times.
Satellite will become more popular and given enough time the whole world will have internet access. The only places that might struggle will be the places where they do not have any power but I think this will improve too. The world is evolving and as soon as Bitcoin takes off the places with no power or internet will be encouraged to develop if the rest of the world is using Bitcoin.
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March 02, 2023, 02:51:51 PM
Last edit: March 02, 2023, 03:04:46 PM by BobLawblaw

philipma1957
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March 02, 2023, 02:58:15 PM

My reason is because a lot of countries do not have internet every where. I lot of places in Africa need offline money and sending transactions offline with Bitcoin is difficult. It can be done by giving someone a seed of a set amount but that is not ideal. We need different currencies for different things. Bitcoin is the king when it comes to global transactions but when it comes to local and quick transactions physical might be better not always but in certain times.
Satellite will become more popular and given enough time the whole world will have internet access. The only places that might struggle will be the places where they do not have any power but I think this will improve too. The world is evolving and as soon as Bitcoin takes off the places with no power or internet will be encouraged to develop if the rest of the world is using Bitcoin.

I have to agree with you as satellites will achieve  world wide coverage in the next decade.
ChartBuddy
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March 02, 2023, 03:01:21 PM


Explanation
AverageGlabella
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March 02, 2023, 03:03:57 PM

My reason is because a lot of countries do not have internet every where. I lot of places in Africa need offline money and sending transactions offline with Bitcoin is difficult. It can be done by giving someone a seed of a set amount but that is not ideal. We need different currencies for different things. Bitcoin is the king when it comes to global transactions but when it comes to local and quick transactions physical might be better not always but in certain times.
Satellite will become more popular and given enough time the whole world will have internet access. The only places that might struggle will be the places where they do not have any power but I think this will improve too. The world is evolving and as soon as Bitcoin takes off the places with no power or internet will be encouraged to develop if the rest of the world is using Bitcoin.

I have to agree with you as satellites will achieve  world wide coverage in the next decade.
I read that China are trying to compete with Elon Musks satellite launches so that will drive the coverage up and hopefully the cost will be driven down. Then other companies will eventually launch their own satellites and we should have global coverage at a low cost. I look forward to it and I think Bitcoin will thrive because of it.
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March 02, 2023, 03:09:02 PM
Merited by Toxic2040 (1)

Culling all ministers and in effect putting down government would be easier for sure and solve a multitude of problems I bet, including financial ones.


UK cat cull was considered early in Covid crisis, ex-minister says
James Bethell says government considered whether all pet cats might have to be put down to contain virus

https://www.theguardian.com/world/2023/mar/01/uk-cat-cull-was-considered-early-in-covid-crisis-ex-minister-says

 Gov't is a bottomless pit of idiocy.
philipma1957
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March 02, 2023, 03:51:31 PM

Culling all ministers and in effect putting down government would be easier for sure and solve a multitude of problems I bet, including financial ones.


UK cat cull was considered early in Covid crisis, ex-minister says
James Bethell says government considered whether all pet cats might have to be put down to contain virus

https://www.theguardian.com/world/2023/mar/01/uk-cat-cull-was-considered-early-in-covid-crisis-ex-minister-says

 Gov't is a bottomless pit of idiocy.


They are far more clever than you think.

They managed to convince you they are incompetent idiots Wink

Thus they get to steal by making the theft look like a stupid decision and not an intentional theft
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March 02, 2023, 04:01:17 PM


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philipma1957
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March 02, 2023, 04:03:59 PM

When you are trying to best buddy you begin to appreciate why ai and or bots are made.

I doubt I will end up topping buddy for the month of march but I will try to do it.
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March 02, 2023, 04:14:41 PM
Merited by jojo69 (1)

Seems like a hopeless fight, Phil. But knock yourself off...
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March 02, 2023, 04:49:53 PM

What dip?

You started this... I just want you to remember that I remember...
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March 02, 2023, 04:56:44 PM



It do be like this
philipma1957
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March 02, 2023, 04:57:53 PM

What dip?

You started this... I just want you to remember that I remember...

Hey I did a DCA on weds. and you are correct when we dropped off the 25k table I did say buddy setup some dip for us.

Which is pretty tasty at 23.3k or so

I did buy 2 m30s+ units which are earning coin as I type.
I am adding a 110th s19 pro next week

So I am buying the gear dip more than I am buying the coin dip.

I am close to having my mine filled with these nice low prices on gear.
ChartBuddy
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March 02, 2023, 05:01:18 PM


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philipma1957
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March 02, 2023, 05:04:53 PM

phil!!  heeeeeeey phil!!!!!!


wakeup man!!!! buddy got one over on you. this is not a good look for us humans ya know



Hey I stayed up till 1am .

I am back on the job and gaining on buddy for Thursday.

I am beginning to realize it is close to impossible to do this for a month.

Buddy  march 2  = 13
Phil      march 2 =   9

what holds me back is I don't do mobile for bitcointalk

thus when I leave the house buddy gains on me.
and of course buddy gains while I sleep.

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March 02, 2023, 05:13:08 PM



Source
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March 02, 2023, 05:18:49 PM


wonder if it is worth reading the article.

Did you read any of it?




Buddy  march 2  =  13
Phil      march 2 =   10

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March 02, 2023, 05:35:14 PM

I did buy 2 m30s+ units which are earning coin as I type.
I am adding a 110th s19 pro next week

Props to you for continuing mining. I just can't cost-justify the aggravation at this point managing a miner - I was torturing myself with Lightning as it is, and find at the end of the day, it's just easier to smash buy $250 at odd intervals; knowing it's more BTC than I would have acquired if I never bought the miner to begin with...

Unnerstan?
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