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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 12 (7.7%)
H2 2019 - 16 (10.3%)
H1 2020 - 29 (18.6%)
H2 2020 - 28 (17.9%)
H1 2021 - 12 (7.7%)
H2 2021 - 31 (19.9%)
H1 2022 - 6 (3.8%)
H2 2022 - 4 (2.6%)
H1 2023 - 0 (0%)
H2 2023 - 3 (1.9%)
2024 or Later - 15 (9.6%)
Total Voters: 156

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21292891 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. (102 posts by 19 users deleted.)
Ibian
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July 17, 2018, 04:33:22 PM

Sorry for commentating again so often but the Europe is socialism theme has been said for decades and EU keeps on going anyhow.    Its not really tending towards extremes quite that much, the politics certainly appears that way but overall the countrys are mixed in their purpose and aims.   Germany is one of the worlds greatest exporters for example, any interference with control of that industry operation would not likely be tolerated and lead them into an obvious loss.   So long as they retain the ideas of democracy I would not fear Europe will become this negative or extreme any time soon, I dont see this as a trend increasing is my point. 

The biggest warning of a socialist move imo would be in the interaction between banking debt, government debt and the ECB.   Done correctly the debt is bad and some defaults should occur, this reorder is necessary.   If that common order is disrupted, it favours unrest and possibly this idea of seizing assets to favour the common good.  That path leads to ruin as Venezuela has shown most recently.   If all these governments' budgets were in surplus I would not think this possible at all


https://i.imgur.com/xwjwc4c.png
Quite an obvious barrier upwards, 6800 as mentioned a few times.    Indicators are neutral seems like and 50 day moving average flat.   This is just the April low, on balance nothing especially bullish required to challenge this area rather then retract as if it were a solid ceiling.   I would guess we surpass it and in doing so there is a bit of a rush upwards, 7400 to 7700 being the most obvious target which is a previous channel trend and a previous ceiling.   I dont think it would go past that without selling, consolidation.

This recent higher daily low area was quite good reason to be positive now I think


Quote
The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even a loss. It is rather difficult to make a profit or even operate at cost when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run.

I'd agree in plain numbers but for a nation, its people are its most valuable asset and the best source of growth possible.   People are exponential in their capacity for productive gain, to not favour the good health of your nation as much as possible could be considered the worst form of malinvestment.

Saying that, only basic health care in line with advances over decades is that feasible.  Cutting edge, high cost health care should probably always be private.
Socialism is forced redistribution of resources. The precise method this is accomplished by does not change the main theme.

In my country we have about 80% taxation. Convince me that this is not socialism.
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gentlemand
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July 17, 2018, 04:40:13 PM

Saying that, only basic health care in line with advances over decades is that feasible.  Cutting edge, high cost health care should probably always be private.

Back when the NHS was formed health was nice and simple. Everyone died off at the right time and drugs was real drugs.

These days I don't see how any service can hope to keep up with the developments or expense. You could easily pour a million dollars of experimental shite into some muggins who might get a few extra weeks out of it. That could transform hundreds of other lives.

And once you get beyond 80 you should only be given maintenance or the option of a quick offing. It's not as if you're going to regrow your tight little body again.

No way do I think an American style health system is a good thing but at some point people have to acknowledge that not everything is affordable for everyone.
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July 17, 2018, 04:41:40 PM


If it's wrong to choose the smiling girl over scowlface, then I don't want to be right.

Sometimes people choose a shitty ass meme to get their point across.

scowlface is clearly making that face cuz her supposed boyfriend is looking at the smiling girl. Under other circumstances scowlface would surely not be scowlface ... The guy isn't looking at the smiling girl cuz she's smiling (he can't see that by the way), neither is he ignoring scowlface cuz she is scowling.

Having said that, I do agree that the meme is, at some extent, not well-suited. Mainly cuz the accurate explanation that's complex is never/hardly at the reach of most of us.
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July 17, 2018, 04:41:47 PM

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even at break even. It is rather difficult to make a profit or break even when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run. It must be a subsidized enterprise, either voluntarily through charity and/or mandated by some sort of taxes.
Abolish the welfare state and let people pay their own way. It will be cheaper on average. Centralized economies are not efficient and can't be.

Centralized economies are not efficient? LOL. What do you think civilization is based on?  Huh Do you really think the tribal economy of the paleolithic was somehow more efficient? Why on Earth do you think "the market" ends up creating oligarchies? Large corporations, due to economies of scale, always will have an advantage over mom and pop operations. The only hope for the mom and pop operations is to somehow have an advantage either through specialization, innovation and/or access to resources. Then the mom and pop organization will have a chance to actually become one of the large corporations.
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July 17, 2018, 04:44:29 PM


If it's wrong to choose the smiling girl over scowlface, then I don't want to be right.

Sometimes people choose a shitty ass meme to get their point across.

scowlface is clearly making that face cuz her supposed boyfriend is looking at the smiling girl. In other circumstances scowlface would surely not be scowlface ... The guy isn't looking at the smiling girl cuz she's smiling (he can't see that by the way), neither is he ignoring scowlface cuz she is scowling.

Having said that, I do agree that the meme is, at some extent, not well-suited. Mainly cuz the accurate explanation that's complex is never/hardly at the reach of most of us.
Someone linked a bunch of pictures of scowlface recently. It's all she does. Honestly the problem is that the guy is with her in the first place.
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July 17, 2018, 04:44:52 PM

Watching this rise up to $6,800 be all like...

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July 17, 2018, 04:46:00 PM
Merited by Ibian (1)

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even at break even. It is rather difficult to make a profit or break even when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run. It must be a subsidized enterprise, either voluntarily through charity and/or mandated by some sort of taxes.
Abolish the welfare state and let people pay their own way. It will be cheaper on average. Centralized economies are not efficient and can't be.

And, if you know someone who is actually a good person, and it actually isn't their fault that they are too poor to afford health care, help them out. It's pretty simple really.

So much effort is put into over complicating the matter. Create this massive system of over regulation and blame the sky high price on the fact that money isn't being forcefully taken away from healthy people to subsidize the sick. All in the name of enriching the megalithic corporations that harry purports to be against. Roll Eyes
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July 17, 2018, 04:47:02 PM
Merited by infofront (1)

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even at break even. It is rather difficult to make a profit or break even when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run. It must be a subsidized enterprise, either voluntarily through charity and/or mandated by some sort of taxes.
Abolish the welfare state and let people pay their own way. It will be cheaper on average. Centralized economies are not efficient and can't be.

Centralized economies are not efficient? LOL. What do you think civilization is based on?  Huh Do you really think the tribal economy of the paleolithic was somehow more efficient? Why on Earth do you think "the market" ends up creating oligarchies? Large corporations, due to economies of scale, always will have an advantage over mom and pop operations. The only hope for the mom and pop operations is to somehow have an advantage either through specialization, innovation and/or access to resources. Then the mom and pop organization will have a chance to actually become one of the large corporations.
Civilization is a lot of people living together without murdering the fuck out of one another. It's anything that is not tribal warfare.

And it's not a debate. We have a century of data and the numbers are in. Capitalism produces more wealth than socialism and has less economic inequality and more personal freedom. It is not a matter of opinion.
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July 17, 2018, 04:48:07 PM
Last edit: July 17, 2018, 04:58:46 PM by Torque

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even at break even. It is rather difficult to make a profit or break even when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run. It must be a subsidized enterprise, either voluntarily through charity and/or mandated by some sort of taxes.
Abolish the welfare state and let people pay their own way. It will be cheaper on average. Centralized economies are not efficient and can't be.

And, if you know someone who is actually a good person, and it actually isn't their fault that they are too poor to afford health care, help them out. It's pretty simple really.

So much effort is put into over complicating the matter. Create this massive system of over regulation and blame the sky high price on the fact that money isn't being forcefully taken away from healthy people to subsidize the sick. All in the name of enriching the megalithic corporations that harry purports to be against. Roll Eyes

Yep.

In the past it used to be called "Medical Care" and it's purpose was intended for life threatening emergencies only. People were expected to take the majority responsibility for their own ongoing daily/yearly health.

Now in only a few decades it's morphed into "Healthcare" and has been sold to the ignorant public as something absolutely needed for ongoing quality of life maintenance or improvement (i.e., constant checkups, procedures, and drugs. Lots and lots of expensive drugs.). Personal responsibility has been all but erased.
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July 17, 2018, 04:56:17 PM

target 4700
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July 17, 2018, 04:56:27 PM

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even at break even. It is rather difficult to make a profit or break even when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run. It must be a subsidized enterprise, either voluntarily through charity and/or mandated by some sort of taxes.
Abolish the welfare state and let people pay their own way. It will be cheaper on average. Centralized economies are not efficient and can't be.

Centralized economies are not efficient? LOL. What do you think civilization is based on?  Huh Do you really think the tribal economy of the paleolithic was somehow more efficient? Why on Earth do you think "the market" ends up creating oligarchies? Large corporations, due to economies of scale, always will have an advantage over mom and pop operations. The only hope for the mom and pop operations is to somehow have an advantage either through specialization, innovation and/or access to resources. Then the mom and pop organization will have a chance to actually become one of the large corporations.
Civilization is a lot of people living together without murdering the fuck out of one another. It's anything that is not tribal warfare.

And it's not a debate. We have a century of data and the numbers are in. Capitalism produces more wealth than socialism and has less economic inequality and more personal freedom. It is not a matter of opinion.

Is that why every single country on Earth is socialistic and zero can be considered libertarian?  Cheesy
micgoossens
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BTFD, on to 15K a coin !!!!


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July 17, 2018, 04:59:56 PM

what is going on?
who is buying right now, and why?
For ETF, for the Koreans?

I am buying since February with both hands. My aimed price is $100k  Cool Not letting them go any cheaper.

Just landed @antwerp This is one of the first i read..... happy i’m not alone  Grin
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July 17, 2018, 05:00:18 PM

The problem with the healthcare industry is that it just not sustainable to try and operate it at a profit or even at break even. It is rather difficult to make a profit or break even when your main customers are among the chronically ill and/or dying. Unfortunately, it can really only operate at a loss, in the long run. It must be a subsidized enterprise, either voluntarily through charity and/or mandated by some sort of taxes.
Abolish the welfare state and let people pay their own way. It will be cheaper on average. Centralized economies are not efficient and can't be.

Centralized economies are not efficient? LOL. What do you think civilization is based on?  Huh Do you really think the tribal economy of the paleolithic was somehow more efficient? Why on Earth do you think "the market" ends up creating oligarchies? Large corporations, due to economies of scale, always will have an advantage over mom and pop operations. The only hope for the mom and pop operations is to somehow have an advantage either through specialization, innovation and/or access to resources. Then the mom and pop organization will have a chance to actually become one of the large corporations.
Civilization is a lot of people living together without murdering the fuck out of one another. It's anything that is not tribal warfare.

And it's not a debate. We have a century of data and the numbers are in. Capitalism produces more wealth than socialism and has less economic inequality and more personal freedom. It is not a matter of opinion.

Is that why every single country on Earth is socialistic and zero can be considered libertarian?  Cheesy
No, that's due to how the brain develops in response to a given environment. The easier and safer life is (thanks to wealth produced by capitalism), the more people think like children (instant gratification and narcissism).

It always ends in a lot of people dying. The romans did it, the soviets did it, the west is doing it today. It can't be stopped on a national level, only on an individual one.
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July 17, 2018, 05:00:27 PM

target 4700

No           soup for you
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BTFD, on to 15K a coin !!!!


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July 17, 2018, 05:05:44 PM

target 4700

No           soup for you

Maybe mean’t 7400
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July 17, 2018, 05:12:48 PM


No, that's due to how the brain develops in response to a given environment. The easier and safer life is (thanks to wealth produced by capitalism), the more people think like children (instant gratification and narcissism).

It always ends in a lot of people dying. The romans did it, the soviets did it, the west is doing it today. It can't be stopped on a national level, only on an individual one.

I'm sorry, but if I am having a heart attack, "instant gratification" would be preferable. Plus, while I am incapacitated, I would hope the people rendering care to me will extend me the credit, and treat me, rather than secure payment for the services before treatment begins.
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July 17, 2018, 05:33:58 PM

A late good morning Bitcoinland.

I see we're continuing more or less sideways with a slight upcreep... currently $6775USD/$8953CAD (Bitcoinaverage).

This is how we start rallies, nice and slow.


I think he just left a zero off.

 Cheesy
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July 17, 2018, 05:35:40 PM


nope

I think we need one more gut wrenching drop to put in a credible bottom.  A failure here at 68......
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July 17, 2018, 05:39:11 PM

fuck yeah, 7k!
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July 17, 2018, 05:39:18 PM



Shorters are you ok?
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