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Question: Feb. 15 Closing Price:
$0 - 3 (2.6%)
<$8,500 - 6 (5.1%)
$8,500-$9,000 - 3 (2.6%)
$9,001-$9,500 - 2 (1.7%)
$9,501-$10,000 - 12 (10.3%)
$10,001-$10,500 - 30 (25.6%)
$10,501-$11,000 - 21 (17.9%)
$11,001-$11,500 - 14 (12%)
$11,501-$12,000 - 7 (6%)
>$12,000 - 10 (8.5%)
>$30,000 - 9 (7.7%)
Total Voters: 117

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21527203 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. (142 posts by 32 users deleted.)
r0ach
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June 13, 2017, 02:29:35 PM

Btw, I hope you know I'm just playing a little devil's advocate with you on PMs. The truth is even with all their manipulation problems, I like PMs and own a little silver myself. I think it would be prudent for anyone that likes Bitcoin to also own a little PM too as a hedge. Historically the silver price is looking pretty good right now. Not sure about the gold price though.

It was always thought that tightness in the silver market would be what led to Comex failure and not gold, but I think the gold market is honestly more tight now entirely because there are price insensitive buyers in the form of...the nation states of China and Russia that just print money and gobble the stuff up.  

It's still possible that silver ends up breaking the fractional reserve bank, so to speak, but there were informal treaties in the past where nation states were not allowed to wade into the metals market and cause a run that both Russia and China seem to be not adhering to and will likely hasten some huge overnight forced revaluation where anyone who had metals the day before is now rich.  Whichever one is the domino doesn't really matter.  Both would be way up while silver will have the higher percentage gains in the end.
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lightfoot
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June 13, 2017, 02:38:16 PM

But... there are infinite precious metals in the universe and bacteria can make it from their anus..  Lips sealed
Excellent point: Why are bacteria not being used to mine bitcoins?
Asrael999
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June 13, 2017, 02:38:47 PM


I guess history is destined to repeat. Over and over again.

The first company I witnessed to basically pre-mine all their coins, crowdsale the majority (~80%) of their coins to a select few investors (in return for btc I might add), and allow the remaining tiny float to be bid up quickly by Average Joe retail buyers was Nxt. Nxt had a single developer who basically controlled everything. The source was closed, at least in the beginning. And we can see from history how that all turned out. (Of course Nxt is getting pumped again now like every other shitcoin).

And Nxt arguably had an actual working wallet before they even did their crowdsale, and was working on an integrated marketplace. These Eth ICOs have nothing but slick marketing and over promises.

Someone correct me if I got the facts wrong.


ICO´s are scams. a few minutes to gain $ 50 million for a small software project?? my ass.

isn´t it ironic that bitcoiners who get labeled by outsiders as delusional greedy fuckers see THE REAL GREED, see people on the verge of ruining themselves, and are all of a sudden conservative, sane investors... ?!  

lawmakers will outlaw all alts and recognize bitcoin only.

Far more likely that lawmakers all the ones that the government can't exercise control over surely. They'll be a few asset seizures and some scammers will go to jail - but the big downside will be the regulatory oversight off the whole crypto universe. ICO's need regulating just like IPOs to protect ordinary greedy folk from themselves.
Meuh6879
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June 13, 2017, 03:11:34 PM

But... there are infinite precious metals in the universe and bacteria can make it from their anus..  Lips sealed
Excellent point: Why are bacteria not being used to mine bitcoins?

well, in the reality, you can supply a digital clock with potatoes ... so, yes, you can mine bitcoins with ... a thousand potatos for UPS.

i prefer solar panel ... more reliable over 25 years.  Grin
Dabs
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June 13, 2017, 03:22:56 PM

I am thining about launching my own ICO. I will name it ScamICO (SICO) and I am sure it will be a fucking disaste, because, unlike the rest, I will be the only one delivering exactly as promised. Mmhhhh, on second second I wouldn't be surprised if some people handed me a few millions without even reading the name. Maybe I should do it... Anyone on board? Smiley

You need escrow that specializes in ICO? Multi-signature if you want, with another guy I know.
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contracorriente


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June 13, 2017, 03:24:08 PM

But... there are infinite precious metals in the universe and bacteria can make it from their anus..  Lips sealed
Excellent point: Why are bacteria not being used to mine bitcoins?

well, in the reality, you can supply a digital clock with potatoes ... so, yes, you can mine bitcoins with ... a thousand potatos for UPS.

i prefer solar panel ... more reliable over 25 years.  Grin

In the future we will be sucking our entire sun energy to mine a tiny fraction of the already existing 21 mill of bitcoins, while a fleet of mining space ships will be dumping tons of fresh infinite precious metals in the market.  Shocked
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June 13, 2017, 03:34:30 PM

In the future we will be sucking our entire sun energy to mine a tiny fraction of the already existing 21 mill of bitcoins, while a fleet of mining space ships will be dumping tons of fresh infinite precious metals in the market.  Shocked

Good Joke, I laughed.
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June 13, 2017, 03:37:22 PM

In the future we will be sucking our entire sun energy to mine a tiny fraction of the already existing 21 mill of bitcoins, while a fleet of mining space ships will be dumping tons of fresh infinite precious metals in the market.  Shocked

I picture a mesh network of solar-powered, low earth orbit satellite miners all beaming back bitcoin directly to the exchanges. Someone should go crowdfund that.  Grin
Meuh6879
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June 13, 2017, 04:27:41 PM

Like this ...



and this :



Picture from this Movie : https://bitcointalk.org/index.php?topic=1122299.0
Meuh6879
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June 13, 2017, 04:29:41 PM

And so ... we have a HUB here :

x2666
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June 13, 2017, 04:34:54 PM

HAS THE WHOLE WORLD GONE INSANE?!?!?!?!  Huh  Roll Eyes  Grin
JimboToronto
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June 13, 2017, 04:37:45 PM
Last edit: June 13, 2017, 04:50:11 PM by JimboToronto

Good morning Bitcoinland.

Taking a little breather on the way back up after yesterday's correction/profit-taking.

About halfway back...$2740USD (Bitcoinaverage).

That's OK. We still have 5 days to turn the weekly candle green.




Yep. It's those damned masons.

Nobody knows how to lay the stones any more... except maybe Margaret Trudeau.



Oops, I'm showing my age again. Cheesy
FractalUniverse
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June 13, 2017, 06:00:13 PM

Good morning Bitcoinland.

Taking a little breather on the way back up after yesterday's correction/profit-taking.

About halfway back...$2740USD (Bitcoinaverage).

That's OK. We still have 5 days to turn the weekly candle green.
imo it will have pretty hard time to get past resistances @around 2800 and 2900 (finex,stamp)
orpington
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June 13, 2017, 06:35:36 PM

dealing with a "hard time" is bitcoin's specialty
Torque
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June 13, 2017, 06:52:21 PM


Yep. It's those damned masons.

Nobody knows how to lay the stones any more... except maybe Margaret Trudeau.

Oops, I'm showing my age again. Cheesy

BlindMayorBitcorn
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June 13, 2017, 07:34:12 PM

HAS THE WHOLE WORLD GONE INSANE?!?!?!?!  Huh  Roll Eyes  Grin

Quite. Block chaining all the things has gone to that other level of the game.
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June 13, 2017, 07:37:07 PM

Quite. Block chaining all the things has gone to that other level of the game.

North Korea benefited very nicely from unleashing that ransomware recently so I'm sure there'll be a North Korean ICBM ICO soon. Token holders don't get aimed at.

I get the impression that Mr. Rodman is rather suggestible and would probably turn up to meet the Dear/Great/Eternal leader dressed as a fairy cake if you asked nicely.
JayJuanGee
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How much alt coin diversification is needed? 0%?


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June 13, 2017, 07:50:30 PM


That is the very first time in history that tulips have been brought up when it comes to cryptocurrency. First time ever.

Is the writer a genius? Amazing that he could find such an event in history and then correlate it to modern technology. Wow. Absolute genius.


Hahahahaha..

Never thought about it like this.    Cheesy   Cheesy 
BlindMayorBitcorn
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June 13, 2017, 07:53:30 PM

Quite. Block chaining all the things has gone to that other level of the game.

North Korea benefited very nicely from unleashing that ransomware recently so I'm sure there'll be a North Korean ICBM ICO soon. Token holders don't get aimed at.

I get the impression that Mr. Rodman is rather suggestible and would probably turn up to meet the Dear/Great/Eternal leader dressed as a fairy cake if you asked nicely.

I don't think he has a leather-clad grip on reality. But there's a lot of that going around, and it seems to be paying dividends.
bitcrypto10101
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June 13, 2017, 09:07:12 PM



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