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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26491424 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.)
HairyMaclairy
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June 25, 2016, 08:54:43 AM

Who keeps going off-topic?!

$693.56 on Huobi.



Remember in the old days when it was against Netiquette to go off-topic?

I am not celebrating because I am out of coins and waiting for the price to drop to buy.  So bored Smiley.
julian071
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June 25, 2016, 10:18:07 AM

HOLD YOUR COINS....
BTC & ETH will double up very very quick soon, the coincap on both is nothing right now...new fresh BILLIONS of fiat is gona be heading this way..

https://www.theguardian.com/business/live/2016/jun/24/global-markets-ftse-pound-uk-leave-eu-brexit-live-updates
Brexit panic wipes $2 trillion off world markets


2 trillion. BTC's marketcap times 200. In a day.
savetherainforest
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June 25, 2016, 10:21:26 AM

There are things about this I can appreciate if I try hard. You want a gun, make one yourself. And history is clearly driving in that direction. But hypothetically, what amount of guns would have been enough to stop what happened in Orlando?

We shouldn't nerf the world. Like Marcus and BitUsher have said (shudders)... an unarmed populace is akin to a herd of cattle.

To the Moooooon!

I heard a story once about how the German army would customarily steal cattle from local farmers to feed troops, and how incidences of cancer were significantly lower in those areas after the war. I was never sure what to make of that story until right now.


NB. The Nazi's cured cancer. True fact.

Radioactive cow, gives you cancer... 100%!!! Then... Goes... to The Mooooooo..n!!!
unent
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June 25, 2016, 10:24:58 AM

HOLD YOUR COINS....
BTC & ETH will double up very very quick soon, the coincap on both is nothing right now...new fresh BILLIONS of fiat is gona be heading this way..

https://www.theguardian.com/business/live/2016/jun/24/global-markets-ftse-pound-uk-leave-eu-brexit-live-updates
Brexit panic wipes $2 trillion off world markets


Traders are seeking safe havens, and gold has soared since the brexit.

http://www.wsj.com/articles/gold-soars-as-investors-seek-haven-following-brexit-1466745191

As digital gold Bitcoin is due to soar faster than physical gold. The world markets will be too turbulent to trust over the summer, and fiat will be diverted from them into Bitcoin.
HairyMaclairy
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June 25, 2016, 10:34:11 AM

HOLD YOUR COINS....
BTC & ETH will double up very very quick soon, the coincap on both is nothing right now...new fresh BILLIONS of fiat is gona be heading this way..

https://www.theguardian.com/business/live/2016/jun/24/global-markets-ftse-pound-uk-leave-eu-brexit-live-updates
Brexit panic wipes $2 trillion off world markets


Traders are seeking safe havens, and gold has soared since the brexit.

http://www.wsj.com/articles/gold-soars-as-investors-seek-haven-following-brexit-1466745191

As digital gold Bitcoin is due to soar faster than physical gold. The world markets will be too turbulent to trust over the summer, and fiat will be diverted from them into Bitcoin.

BTC on an average day is more volatile than GBP immediately post Brexit.  We don't deserve stable safe haven status yet. 
orpington
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June 25, 2016, 11:16:37 AM

Soon, bitcoin will be in control of everything.
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June 25, 2016, 11:29:46 AM

[]Fortunately , some of my comrades are helping swing these number up by selling thousands of "gun factories"
which make it impossible to really know how many unserialized AR15s are in texas and worldwide.

Great company and people(and they sometimes depend upon bitcoin because constantly have merchant processing problems) -

https://ghostgunner.net/  
https://defdist.org/

I send your friend $250, and he puts me on a waiting list? Nice!
He should sell ASICs.

shmadz
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June 25, 2016, 11:31:59 AM

Every day that passes that bitcoin continues to exist lends proof to the concept that decentralized money is possible.

The control of money is the most direct form of control of people.

The Reddit is on about this new consortium of Chinese miners. In theory, if they collectively decided to blacklist transactions, how possible would it be to mine them yourself?

Edit: or better still, if the transaction was so odious that the entire BTC community, top to bottom, refused to mine them.

I guess a solo miner couldn't mine a block, so some pool would have to agree to not censor it. Isn't it?

No, it is not feasible to solo mine a block. It's possible, but you'd have no way of knowing when, if ever, that block would happen.

The theory is that markets would take care of this problem. A certain subset of pools would agree to mine these "odious" transactions, for a substantially higher fee. As the block reward continues to drop, these pools would be creating far more profit than pools that don't accept these high fee transition, which would lure more miners to switch pools, which is a further dis-incentive to blacklist these highly profitable transactions.

That is all just hypothetical of course, and there is work being done to improve censorship resistance:

https://petertodd.org/2016/closed-seal-sets-and-truth-lists-for-privacy
"Our goal here is to combat censorship by ensuring that miners do not have the information needed to selectively censor (blacklist) transactions"
Andre#
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June 25, 2016, 11:38:24 AM

I took a brief step into going long on a margin trade yesterday. Glad to be out. Trading is far too stressful, I'll stick to just converting.


I figured that if Brexit happened then the price would likely shoot up $100 or so. So I was prepared on Bitfinex to go long. I figured if I wake up at 6:30 UK time I'd be up before most people and be able to take advantage of it if Leave won.

I woke up, saw that Leave won and jumped on Bitfinex. Saw that the price had already climbed $100 from its low but figured I might catch it soon enough before the rest of Europe woke up to the same thing. I bought at $672.

Then I watched all day as the price went back under the $650 range.

Before I went to bed I set a sell at $679, fortunately it went through. But I think I still lost out with fees.

Back to buying and HODLing.

Had I woken up 1.5 hours earlier I could've made $10k.  Undecided

Uh... buy on the rumour, sell on the news? I stayed up all night to do so. The moment Leave was claimed with 75% certainty, things fell flat.

I made $3k, but I'm chicken taking too much risk on leverage. Could have been more if I hadn't opened one last long at too late a time.
Andre#
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June 25, 2016, 11:40:32 AM

Who keeps going off-topic?!

$693.56 on Huobi.



Remember in the old days when it was against Netiquette to go off-topic?

I am not celebrating because I am out of coins and waiting for the price to drop to buy.  So bored Smiley.

You're out of coins now?  That sucks at a time like this. Why did't you buy any in 2015?
PigUsher
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June 25, 2016, 11:46:36 AM

Who keeps going off-topic?!

$693.56 on Huobi.



Remember in the old days when it was against Netiquette to go off-topic?

I am not celebrating because I am out of coins and waiting for the price to drop to buy.  So bored Smiley.

You're out of coins now?  That sucks at a time like this. Why did't you buy any in 2015?

Maybe he did, then cashed out at 790 and didn't buy back in yet?
savetherainforest
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June 25, 2016, 11:49:00 AM
Last edit: June 25, 2016, 12:31:28 PM by savetherainforest

Who keeps going off-topic?!

$693.56 on Huobi.



Remember in the old days when it was against Netiquette to go off-topic?

I am not celebrating because I am out of coins and waiting for the price to drop to buy.  So bored Smiley.

You're out of coins now?  That sucks at a time like this. Why did't you buy any in 2015?

LOL ... YOU DAMN MORON!!! ... it is going up like a rocket!!!

Buy on a loss.. but at least buy... FOMO for you soon!


LFC_Bitcoin
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June 25, 2016, 12:34:54 PM

Wonder it it's too much to hope for to breach 700 again this weekend......

savetherainforest
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June 25, 2016, 12:38:40 PM
Last edit: June 25, 2016, 03:57:30 PM by savetherainforest

Wonder it it's too much to hope for to breach 700 again this weekend......



Then:                                                                                                                                               Now:

InternationalBankAlliance
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June 25, 2016, 12:40:31 PM

Wonder it it's too much to hope for to breach 700 again this weekend......

Why? It's only $20 away. Was actually expecting 700s yesterday.
Staying up there is a different thing.
LFC_Bitcoin
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June 25, 2016, 12:56:58 PM

Wonder it it's too much to hope for to breach 700 again this weekend......

Why? It's only $20 away. Was actually expecting 700s yesterday.
Staying up there is a different thing.

Yeah, slow & stable price rises are good. It's not much use to have massive pumps followed by the subsequent inevitable, profit taking dumps.
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June 25, 2016, 01:16:04 PM

That fissure was less than a 4 % margin. Their currency dropped by 10 % in the first day. How much stomach will they have if it drops another ten percent?

I don't know what's going to happen, but I would be surprised if *they* let Britain leave without a fight.

The only they trying to stop Britain leaving without a fight are the naive.

Britain isn't going to keep rerunning the referendum like some banana republic, and there is no political will in the establishment of this country to undo this. Most of the ruling Conservatives are Eurosceptics for a start, and to engage in some civil war with the working classes would do a lot more harm to this country than whatever the markets can inflict.
DeathAngel
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June 25, 2016, 01:20:55 PM

Price still sitting at $680. I hope that $600 can act as a solid bottom, it sucked going back to 500's.
InternationalBankAlliance
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June 25, 2016, 01:35:33 PM

Right, so since we're on topic how many gun related deaths happen in US and how many in France?  

Banning cars could markedly reduce the incidence of death by vehicle. But beware, someone might still be able to buy a multi-tonne missile (car) on the black market tho.

Personal liberty and responsibility has its blood price. Same for the lack thereof.

If cars were specifically designed to kill people, as guns are, how long do you think it would take for them to get banned?

That said, cars are one of the most highly regulated consumer goods in US. One needs a license to operate a car, the car itself must have a valid vin & be registered, inspected yearly, and, in most places, insured. The car must comply with all sorts of DOT regulations (safety equipment, emissions, etc.), and draconian traffic laws (speed limits, can't drive drugged/drunk, can't run stop signs, etc.).

I love both cars and guns to bits, and don't mind ridiculous analogies, but let's be real here.
*The volume is rather disappointing. We have only so much time to capitalize on brexit, and that window is closing fast.

@yefi, The UK may have committed 'an act of economic self-harm with global ramifications'

No need to run away from home just to hurt your father Smiley
notme
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June 25, 2016, 02:06:47 PM

Right, so since we're on topic how many gun related deaths happen in US and how many in France?  

Banning cars could markedly reduce the incidence of death by vehicle. But beware, someone might still be able to buy a multi-tonne missile (car) on the black market tho.

Personal liberty and responsibility has its blood price. Same for the lack thereof.

If cars were specifically designed to kill people, as guns are, how long do you think it would take for them to get banned?

That said, cars are one of the most highly regulated consumer goods in US. One needs a license to operate a car, the car itself must have a valid vin & be registered, inspected yearly, and, in most places, insured. The car must comply with all sorts of DOT regulations (safety equipment, emissions, etc.), and draconian traffic laws (speed limits, can't drive drugged/drunk, can't run stop signs, etc.).

I love both cars and guns to bits, and don't mind ridiculous analogies, but let's be real here.
*The volume is rather disappointing. We have only so much time to capitalize on brexit, and that window is closing fast.

@yefi, The UK may have committed 'an act of economic self-harm with global ramifications'

No need to run away from home just to hurt your father Smiley

1. Guns are far more often used to kill food.
2. Non of those vehicle regulations apply to farm-use vehicles.  They only come into play if you want to take you vehicle onto public roads.
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