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Question: What year will we achieve a new ATH?
2019 - 35 (27.8%)
2020 - 51 (40.5%)
2021 - 30 (23.8%)
2022 - 5 (4%)
2023 - 1 (0.8%)
Never - 4 (3.2%)
Total Voters: 126

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21174965 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. (24 posts by 13 users deleted.)
vapourminer
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what is this "brake pedal" you speak of?


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July 24, 2018, 11:30:08 AM

So: topic swerve.

All y'all may recall I've been looking to Puerto Rico as a means of reducing capital gains taxes owed (I'm 'Merkin). But I've just learned of another (legitimate - according to IRS) potential route out of the system that may be as interesting:

https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/

Anyone interested in forming a study group? Or is there some other subforum here in BCT that might be better for such a discussion?

interesting article. thanks.

so i may have the option of taking tax money that otherwise would be paid to the government and more or less wasted and instead pick my own areas and technologies to invest it in instead. and it helps the little guys. im in. although it sounds too good to be true to be honest. and its new and untested. never had a problem with new and untested things before, as long as i can figure risk/reward ratios fairly well.
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bitcoinPsycho
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$100,000 BTC in one hour🍄💊


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July 24, 2018, 11:37:46 AM



we progress
bitserve
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HODL.


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July 24, 2018, 11:40:20 AM

Quote from: BobLawblaw
Dude has decided he's going to ragequit his job if/when BTC hits $20k USD.
Dude, WTF?!?!!?

Oh relax.

Nothing wrong with some healthy skepticism. Can't go losing our heads yet over a nice couple day run.

When it hits $20k, you can spam my mailbox all day with "Neeneer Neener Told you so !!!", mkay ?  Kiss

Deal  Kiss
BobLawblaw
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July 24, 2018, 11:41:57 AM
Last edit: July 24, 2018, 12:10:48 PM by BobLawblaw
Merited by LFC_Bitcoin (1), bitserve (1)





somac.
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July 24, 2018, 11:45:54 AM
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Would you believe me if I told you it was Gavin, Craig and Roger, paid shills and associates selling of coins in that 2014/2015 bear market and their new projects started up in 2015/16.


Roger knows Mark who knows the Japanese Finance minister who knows Jamie Dimon

https://www.reddit.com/r/btc/comments/71xpzg/roger_ver_makes_jamie_dimon_an_offer_he_cant/

not yet


Well I believe Roger and Craig are fuckwits, so they could of contributed, but that was a big bubble so no doubt the bear market had a lot of contributors. Why do you rule the Chinese out as buyers though? I am not saying they are solely responsible and I know that the Chinese control the market is pure bullshit. But, that doesn't mean they can't contribute to these things.

The Chinese obviously have a lot of money and if you look at the worlds housing markets you can see that they are very keen to get their money out of China. Despite the capital controls they are still able to do this with ease I might add. So, why wouldn't they be trying to escape a devaluing currency? that's what I'm doing with Bitcoin.

 
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Smile


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July 24, 2018, 11:52:44 AM


Would you believe me if I told you it was Gavin, Craig and Roger, paid shills and associates selling of coins in that 2014/2015 bear market and their new projects started up in 2015/16.


Roger knows Mark who knows the Japanese Finance minister who knows Jamie Dimon

https://www.reddit.com/r/btc/comments/71xpzg/roger_ver_makes_jamie_dimon_an_offer_he_cant/

not yet


Well I believe Roger and Craig are fuckwits, so they could of contributed, but that was a big bubble so no doubt the bear market had a lot of contributors. Why do you rule the Chinese out as buyers though? I am not saying they are solely responsible and I know that the Chinese control the market is pure bullshit. But, that doesn't mean they can't contribute to these things.

The Chinese obviously have a lot of money and if you look at the worlds housing markets you can see that they are very keen to get their money out of China. Despite the capital controls they are still able to do this with ease I might add. So, why wouldn't they be trying to escape a devaluing currency? that's what I'm doing with Bitcoin.


The Chinese work as decentralized large nodes

competing against each other
great for bitcoin
Everybody confuses it with One entity, whereas though I am sure the state gets something

Whats scary is when you start hearing of miners being paid off and corrupted to switch bitcoin to BCH, but thats only a rumour
HairyMaclairy
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July 24, 2018, 11:52:53 AM

Oh cock.

When you haven’t looked at the price for an hour and you open your phone and it’s gone up by $200.  

I remember that feeling.  
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I fix broken miners. And make holes in teeth :-)


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July 24, 2018, 11:56:48 AM

Indeed. I woke up early this morning, watched the buy/sell right around 8,000 (with a 8 coin wall to boot) then fell asleep. Open my eyes again, more money!

I like this.
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July 24, 2018, 12:02:14 PM

A few hundred more and then a pullback to $8K + would be ok right now.
HairyMaclairy
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July 24, 2018, 12:06:21 PM

Next resistance point is around $8500 from memory. 
Torque
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July 24, 2018, 12:11:05 PM


Would you believe me if I told you it was Gavin, Craig and Roger, paid shills and associates selling of coins in that 2014/2015 bear market and their new projects started up in 2015/16.


Roger knows Mark who knows the Japanese Finance minister who knows Jamie Dimon

https://www.reddit.com/r/btc/comments/71xpzg/roger_ver_makes_jamie_dimon_an_offer_he_cant/

not yet


Well I believe Roger and Craig are fuckwits, so they could of contributed, but that was a big bubble so no doubt the bear market had a lot of contributors. Why do you rule the Chinese out as buyers though? I am not saying they are solely responsible and I know that the Chinese control the market is pure bullshit. But, that doesn't mean they can't contribute to these things.

The Chinese obviously have a lot of money and if you look at the worlds housing markets you can see that they are very keen to get their money out of China. Despite the capital controls they are still able to do this with ease I might add. So, why wouldn't they be trying to escape a devaluing currency? that's what I'm doing with Bitcoin.

The 2013 bubble run ups happened almost exclusively due to the Chinese exchanges driving it, they had a super small market to work with, thin float (low liquidity), and massive amounts of leverage (X1000) going on at the time. That's why the volatility was so high. The massive leverage was the key, and a lot of that leverage was likely naked long/short. All fingers point to the Chinese exchange owners themselves and their super rich whale trader friends running the game. Who else could back that shit but the insider traders themselves?

Of course they had to have accounts on Mt. Gox and some other exchanges as well to help control things. But it's clear the game was largely over for the Chinese when the PBoC first shut down leverage, demanded transparent accounts and reporting, and then shut down the exchanges.

That kind of out of control volatility wouldn't happen the same today (without Bitcoin derivatives that is) because the Bitcoin market is so big now, so many exchanges now so the loss of control, and that kind of massive leverage just not available anymore.
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July 24, 2018, 12:12:43 PM


The Chinese work as decentralized large nodes

competing against each other
great for bitcoin
Everybody confuses it with One entity, whereas though I am sure the state gets something

Whats scary is when you start hearing of miners being paid off and corrupted to switch bitcoin to BCH, but thats only a rumour

Right about the competition, it's all about face with these people. I personally find it disgusting and being that an in-law of mine is Chinese I get to see it in all its craziness.

miners being paid off, I hope not. But paying off won't work, they will take your money and still fuck you over, so that probably won't matter.  
LFC_Bitcoin
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July 24, 2018, 12:12:52 PM
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Forgot what this feels like.

Green dildos everywhere


somac.
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July 24, 2018, 12:13:59 PM

Forgot what this feels like.

Green dildos everywhere




yeah bit of FOMO going on I think.
bitserve
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HODL.


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July 24, 2018, 12:14:10 PM

Fine... but we are still poor.
BobLawblaw
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July 24, 2018, 12:14:31 PM
Merited by LFC_Bitcoin (1)

It's on !!!





Forgot what this feels like.
Green dildos everywhere



EDIT: Rick is still sleeping. I expect him to be hollerin' "HOT DAMN !!!" upon looking at my bedside ticker, at any moment now.
bitserve
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HODL.


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July 24, 2018, 12:16:41 PM

LFC_Bitcoin
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July 24, 2018, 12:17:16 PM

Fine... but we are still poor.

Yeah nothing overly exciting but nice to be heading up regardless
Last of the V8s
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Be a bank.


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July 24, 2018, 12:36:24 PM

You have to feel sorry for the bears
You have to feel sorry for the altcoin bagholders
You have to feel sorry for the blockchain-not-bitcoin types
You have to feel sorry for the weak hands
You have to feel sorry for the banks
You have to feel sorry for the socialists
You have to feel sorry for the democrats

You have nothing to feel sorry for.
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July 24, 2018, 12:40:30 PM

A few hundred more and then a pullback to $8K + would be ok right now.

check .

Consolidate around here for 24 hours and away again would be ok right now
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