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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372355 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.)
bitcoinPsycho
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July 17, 2018, 07:08:20 PM

negativity will get you nowhere
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qwizzie
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July 17, 2018, 07:14:41 PM
Merited by jbreher (1)

negativity will get you nowhere

Or it could get you over there.



soo many directions...
infofront (OP)
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July 17, 2018, 07:15:57 PM

The bearish case:

Last of the V8s
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July 17, 2018, 07:20:18 PM

https://www.pscp.tv/w/1ZkKzNlDnELKv
#LIVE: Animal control is responding to a bear in a Granada Hills yard.
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July 17, 2018, 07:20:27 PM

negativity will get you nowhere

Or it could get you over there.



soo many directions...
I prefer UP
Wekkel
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yes


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July 17, 2018, 07:24:12 PM

Thanks for the charts, infofront. Scenarios to watch out for indeed.
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July 17, 2018, 07:24:30 PM
Last edit: July 17, 2018, 07:35:33 PM by Torque

https://www.cnbc.com/2018/07/17/bitcoin-jumps-11percent-in-sudden-move-on-coinbase.html

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"The $6,800 level was massive resistance for three weeks and I think people were shorting against that and they just got their face ripped off," said Brian Kelly, CEO of BKCM.

LFC_Bitcoin
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July 17, 2018, 07:34:51 PM

No Vegeta memes?

Guys I’m disappointed.
Ibian
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July 17, 2018, 07:35:18 PM

No Vegeta memes?

Guys I’m disappointed.
Got a ways to go for those. General reminder that we are still under 10k.
Anon136
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July 17, 2018, 07:42:07 PM
Last edit: July 18, 2018, 01:54:13 AM by Anon136

No Vegeta memes?

Guys I’m disappointed.

Find me a Vegeta meme that communicates the idea "it's under 9000 but still really impressive" and I'll be impressed.
Traxo
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July 17, 2018, 07:48:10 PM
Merited by jbreher (1)

Find me a vageta meme that communicates the idea "it's under 9000 but still really impressive" and I'll be impressed.

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July 17, 2018, 07:49:50 PM

No Vegeta memes?

Guys I’m disappointed.
Closer @ 9000 my friend
Not So long anymore ;-)
realr0ach
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July 17, 2018, 07:52:55 PM

100% obvious Bitcoin is a Jew scam now to try and lure people into a digital-only, cashless society slave system.  Right when the fed was making an announcement, they IMMEDIATELY started bombing metals with naked shorts while trying to pump up shitcoin at the same time.

Fort Knox doesn't have any gold left, and Russia + China are taking the world back to physical silver and gold as money.  The Jewish central bankers are trying to do the old switcharoo and substitute in imaginary, valueless, digital tokens instead.  1)  Because they can use digital tokens to further enslave you.  2)  So they don't have to explain where all the gold went.  Jewish scum will fail, and Russia + China will win.
bitcoinPsycho
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July 17, 2018, 07:54:43 PM

oh look gold and silver down another 1% today
ccminer.net
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July 17, 2018, 07:55:48 PM

Is this a bear trap or .......Huh Huh
JimboToronto
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July 17, 2018, 07:56:06 PM

No Vegeta memes?

Guys I’m disappointed.

It's a little early for rockets, trains, moons and Carolina fiddles. We're still only in 4 digits. Nice rally today though.

Vegeta? Isn't that some character from some children's cartoon show? Gotta be the lamest meme ever.
El duderino_
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July 17, 2018, 07:58:17 PM

No Vegeta memes?

Guys I’m disappointed.

It's a little early for rockets, trains, moons and Carolina fiddles. We're still only in 4 digits. Nice rally today though.

Vegeta? Isn't that some character from some children's cartoon show? Gotta be the lamest meme ever.

Jimbo youre the closest on bottom list right?
kurious
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July 17, 2018, 08:04:30 PM

And the EU is now a 'foe' of the United States.  Astounding.  I am sure most of my life I was taught the Americans were allies of Western Europe.  Should I consider going for some weapons training? I mean, a hell of a lot of Americans seem to be visiting places near where I live. There's even a US military base not so far away.  
For the record, Trump clarified that when he said 'foe' he meant 'competitor'. Which is a completely different connotation.

OK, fair enough - but what he said was to camera and was what I saw on the BBC, he hadn't retracted it for most of yesterday.  In the same interview he said Russia was a 'competitor' - did he get them mixed up?


Also to give context, Trump was expressing frustration that the U.S. continues to subsidize Germany and other NATO countries with footing nearly the entire bill for their defense, whilst these same countries continue to trade and buy LNP directly from Russia and not from the U.S.

Yes, Torque - he has every right to ask NATO members to spend 2% on defence, as it's part of the NATO principles (and I cannot blame him) and it's also true that not everyone pays their dues.  However, it is a separate issue to trade and the 'EU" as the EU isn't a NATO member, and NATO is far more than just the countries of the EU.

Wouldn't you too be frustrated with this unfair trade arrangement?

OK - trade: Trump said "Germany is getting 60 to 70 per cent of their energy from Russia and a new pipeline” - the reality is around 20% of all oil and gas imported into Germany is from Russia, so the 'alternative facts' make a mockery of his assertions.   I know Germany well, they know (and Merkel better than most) what it's like to be under the Russian boot. Trump accusing them of being "totally controlled" by Russia was a bit of a stretch, even by his standards of veracity.  A pipeline from the USA is neither in the offing nor remotely practical and - as Germany has no oil, or gas reserves - it must import energy. It wasn't an affront to America, just common sense.  

Germany owes America a hell of a lot, the Marshall plan was incredible and is a huge part of what made Germany what it is today.  Germans would never deny it, but Trump's attacks were wrong, therefore ill-judged - and have simply insulted a country that has been a totally staunch ally of the US since WWII.   I am not sure how they now see the current POTUS.

Sorry - but this is how it is, I know the view from both sides of the pond is radically different as I have lived on both sides of it; I do love America the country and I have many friends there.  But I am sticking to facts that I can back up, just to make sure there is a balanced view here. Not a simple writing off of 500 million people over here by one man with an (arguably) loose respect for facts.

/OT

Oooh - Bitcoin.  Hell, yes!

EDIT: quoting buggered up
JimboToronto
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July 17, 2018, 08:04:52 PM

No Vegeta memes?

Guys I’m disappointed.

It's a little early for rockets, trains, moons and Carolina fiddles. We're still only in 4 digits. Nice rally today though.

Vegeta? Isn't that some character from some children's cartoon show? Gotta be the lamest meme ever.

Jimbo youre the closest on bottom list right?

That's why I chose it. I felt the bottom was already in.
jbreher
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July 17, 2018, 08:08:24 PM

And if that each person wanted to make just 32 transactions to different people bcash would need 30yrs to process that. Think about that!

I have thought about that. Today, that is indeed the case. Or even maybe longer - as 32MB is the currently supported max, which is subject to miners' decisions to create blocks smaller than max.

Which is, of course, why there has been discussion within the BCH development community -- for as long as there has been a BCH -- on other orthogonal approaches to scaling.

So while true today, it will be false for some value of 'tomorrow'.

In the meantime, BCH is not suiciding itself for the sake of some illusory benefit of 'decentralization' along some axis that is entirely irrelevant.

Orthogonal?

Yes. Do you understand the term? In this case, meaning scaling in a manner unrelated to the max block size.

Quote
You mean like side chains!

Sidechainy things are within the universe of things being discussed, though certainly not exclusively, nor even leadingly.

Quote
WTF that wasn't in Satoshi's white paper!!!

Point?

Quote
Wait so you're saying that different solutions might come in the future so time and resources are better spent on near term issues

In a manner of speaking, yes. Time tested engineering principles focus on the bang-for-the-buck solutions. Always.

However, it is not 'might come'. We know of several scaling solutions orthogonal to increasing the max block size. The discussions underway are focused upon cost/benefit analysis. Or alternately risk/benefit analysis. You know - the essence of engineering.


Reread that ^ few times, and then read your initial troll post about it taking 30yrs to transfer BTC to every human on earth. And then try really really REALLY hard to continue to troll as if you don't see the parallels

No thanks. Unless you come up with something meaningful and worthy of consideration, I am done wasting my time on this branch of the discussion.
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