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Question: Which price is bitcoin going to reach first? (credits to Jay)
$25K - 56 (34.6%)
$50K - 106 (65.4%)
Total Voters: 162

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25374667 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. (157 posts by 13 users deleted.)
gentlemand
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December 12, 2018, 08:43:11 PM
Merited by Hyperjacked (1)

We(*) should make an index so that newbies know where to find all the wisdom of the WO encyclopedia.

It will be written in our semi melted faces.

Anyway - https://cointelegraph.com/news/germanys-second-largest-stock-exchange-solarisbank-partner-to-launch-crypto-exchange

The winter may be long. The summer will burn us to a crisp when it eventually arrives.
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LFC_Bitcoin
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December 12, 2018, 08:46:19 PM

Thanks P_Shep & mic!

My guys  Cool
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December 12, 2018, 08:46:26 PM

If you did not continuously admit to bcash shilling, ...

I have never admitted to 'Bcash shilling'. You need -- once again -- to check your definitions.

I have admitted to advocating for Bitcoin Cash. I will admit to advocate for Bitcoin SV.

But the universally recognized definition for 'shilling' is predicated upon renumeration for advocacy of some thing that one would not advocate for if the payment was not made.

I have never shilled for any crypto.

Your insistence in misapplying such charged language only marks you as disingenuous. And is evidence of the actual hostility in this conversation.

Rubbish.  You constantly talk your book.

As do you. As do most here. Such is not 'shilling', by the universally recognized definition.

Quote
And you carefully provide misleading information when you do so.  

Bullshit. Only in using precise terms can information be not misleading. Intentional misuse of terms is inherently misleading.

Quote
Most of the time, what you say may not be technically wrong,

IOW, it is precisely correct.

Quote
but invariably amounts to a misrepresentation in the broader context.  

Nonsense.

Quote
And some of the time it is outright fabrication.

Examples would buttress your argument. None provided.

Quote
This discussion is a case in point.  You are relying on a historic definition of the term shill.

The most widely accepted, in fact. Both historic and current.

Quote
We both know that is not how the word is used in 2018 in the crypto community.

Perhaps in portions thereof. The ignorant, cavalier, imprecise sub-communities maybe. Most, however, apply the proper definition to the term. For to do otherwise inserts ambiguity and misunderstanding into the conversation.

Note that, should one hew to the proper definition, one arrives at an understanding of the nature of my advocacy. But misapplying the word, one is left not knowing whether my advocacy is paid or unpaid. Misusing the term thusly only weakens discourse.

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But you think yourself marvelously clever for having made the distinction.  

Not 'marvelously clever'; just commonly correct in the face of stupidity.

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It would be most accurate to say you are a fraud

Fraud? I am a fraud? Are you claiming that I assert myself to be human when I am not? Or what?

Quote
and petty conman.

Again, a misuse of a term with an accepted definition. In this case, 'conman' being defined as one who exudes a soothing manner applied to lies in order to gain the confidence of another, such confidence to be abused to have said other entrust the conman with actions that result in the conman stealing from the other.

Your misapplication of the term is again a perfidious misrepresentation, and amounts -- in and of itself -- to fraudulent behavior on your part.
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December 12, 2018, 08:51:18 PM
Merited by JayJuanGee (1)

Shameless example of abject irony snipped
And all written with a straight face? Amazing!
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December 12, 2018, 08:56:29 PM
Merited by goldkingcoiner (1)

We(*) should make an index so that newbies know where to find all the wisdom of the WO encyclopedia.

It will be written in our semi melted faces.


I read "semi melted feces". And it made sense.
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December 12, 2018, 08:58:38 PM

We(*) should make an index so that newbies know where to find all the wisdom of the WO encyclopedia.

It will be written in our semi melted faces.


I read "semi melted feces". And it made sense.

Oh my god I did too!
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December 12, 2018, 09:02:52 PM

Higher highs, lower lows today. Going very slowly though.
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December 12, 2018, 09:04:01 PM
Merited by infofront (1)


It's one of the few places left where you can spend your bitcoins online.

Unfortunately.

I'm to the point of considering ordering a credit card. My Amex was supposed to be only for emergencies but I've racked up plenty of useless sky miles over the past year with it.

Two words: Shift card.

More words: spend your Bitcoin at any place that takes Visa.

Goal of Bcash shills - attempt to get bitcoiners to spend their bitcoins, and trick BTC hodlers ...

JJG, you're an autistic knee-jerker. Mind the context, mofo.

We're pairing you two up together for third shift at the WO McDonald's.

It always seem to happen like that.  Fuck.  I am going to quit this McieD's bullshit (and having to rub elbows with the likes of jbreher for 4 hours) as soon as I can get enough money for my own apartment.  You fuckers.   Angry

Don't be too hasty. These burgers are going to the moon!!!!one!1!!

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December 12, 2018, 09:20:57 PM
Merited by El duderino_ (1), HairyMaclairy (1)

There is a theme being propagated on interwebs that bitcoin will never be able to get from under negative price pressure from CME/CBOE futures (which are cash-settled). Apparently, it happened multiple times before with other commodities.

Q to WO crowd: do you think that bitcoin does (or doesn't) have some futures fighting mitigation strategy?

Personally, i don't fully buy that doom-and-gloom scenario because other cryptos did not have futures, yet declined even more, hence not a clear cut picture.

Would btc-settled futures like bakkt and/or 'physical' ETF objectively helpful in this fight or not?

Of course, if some some major fiat currency would experience hyperinflation, then btc would benefit, but this scenario is not very conducive to day-to-day life.

I would prefer to think about how we can use intrinsic bitcoin properties to fight CME/CBOE pushing us down (in price).
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December 12, 2018, 09:26:41 PM

gembitz
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December 12, 2018, 09:45:47 PM


It's one of the few places left where you can spend your bitcoins online.

Unfortunately.

I'm to the point of considering ordering a credit card. My Amex was supposed to be only for emergencies but I've racked up plenty of useless sky miles over the past year with it.

Two words: Shift card.

More words: spend your Bitcoin at any place that takes Visa.

Goal of Bcash shills - attempt to get bitcoiners to spend their bitcoins, and trick BTC hodlers ...

JJG, you're an autistic knee-jerker. Mind the context, mofo.

We're pairing you two up together for third shift at the WO McDonald's.

It always seem to happen like that.  Fuck.  I am going to quit this McieD's bullshit (and having to rub elbows with the likes of jbreher for 4 hours) as soon as I can get enough money for my own apartment.  You fuckers.   Angry

Don't be too hasty. These burgers are going to the moon!!!!one!1!!




~ass burgers Smiley hehe
gentlemand
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December 12, 2018, 09:52:05 PM
Merited by JayJuanGee (1), d_eddie (1)

Q to WO crowd: do you think that bitcoin does (or doesn't) have some futures fighting mitigation strategy?

After all this time I still haven't fully bothered to wrap my head around its implications.

Speaking as a thicko, all along I've sensed an underlying desire from many to defer to what they think is a higher authority. If that is the case some will look to futures to tell them where to head because it's more 'legit'. In an ideal world the real Bitcoin market would totally ignore a cash settled futures market. It contributes nothing. It achieves nothing. It basically is nothing.

Unlike almost everything else that has a futures market, BTC can be physically delivered and verified within minutes by anyone, anywhere at any time. I'll guess many a futures market exists to create a market from scratch off the back of something effectively intangible that everyone knows is nothing but pure nothingness from the bottom up. That will never be the case with crypto.

I guess that might mean futures traders will increasingly fuck with the real market, but in the meantime that's what we're seeing with Bitmex already. For the last few months it's seemed like the spot markets only exist to be raped so people can rape others on Bitmex.

Conclusion - mainly dunno. Real adoption and real demand and real use by real people would reduce speculation and the tail wagging the dog.






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December 12, 2018, 09:52:43 PM

There is a theme being propagated on interwebs that bitcoin will never be able to get from under negative price pressure from CME/CBOE futures (which are cash-settled). Apparently, it happened multiple times before with other commodities.

Q to WO crowd: do you think that bitcoin does (or doesn't) have some futures fighting mitigation strategy?

Personally, i don't fully buy that doom-and-gloom scenario because other cryptos did not have futures, yet declined even more, hence not a clear cut picture.

Would btc-settled futures like bakkt and/or 'physical' ETF objectively helpful in this fight or not?

Of course, if some some major fiat currency would experience hyperinflation, then btc would benefit, but this scenario is not very conducive to day-to-day life.

I would prefer to think about how we can use intrinsic bitcoin properties to fight CME/CBOE pushing us down (in price).

Right now they can suppress Bitcoin's price with futures because there's very little investment going in BTC. It's not hard for the wealthy to outplay and outbid the teenagers who buy a few Bitcoins.
As I've stated here (and I also made a graph): https://bitcointalk.org/index.php?topic=5076475 there are a ton of money in other kind of investments which could possibly reach Bitcoin at some point; stocks alone have about 800 times more money invested in them than all the cryptocurrencies... not to mention that most coins' market cap is artificial.

If more money start to go in BTC, then at the very least those who are trying to suppress the price will have to do so in a higher level, they won't be able to keep it in ~3000$.
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December 12, 2018, 09:55:12 PM

You (Jbreher) are relying on a historic definition of the term shill.  We both know that is not how the word is used in 2018 in the crypto community.  

I'm pretty sure I popularized the word "shill" on bitcoin forums and it was used entirely in reference to lying Jews, then it made a crossover to altcoin pump and dumps, and then bitcoin itself.
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December 12, 2018, 09:56:59 PM
Merited by xyzzy099 (1)



Except for Craig Wright.
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December 12, 2018, 10:03:41 PM

I really have absolutely no fucking idea what the price is gonna do next.

It's easy.

Micgoossens = dumb money
JayJuanGee = stupid money
Elwar = insane money

Just do the opposite of whatever they're doing.
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December 12, 2018, 10:04:43 PM

I really have absolutely no fucking idea what the price is gonna do next.

It's easy.

Micgoossens = dumb money
JayJuanGee = stupid money
Elwar = insane money

Just do the opposite of whatever they're doing.

and whats roach money ? if there is any
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December 12, 2018, 10:05:01 PM


who??
LFC_Bitcoin
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December 12, 2018, 10:08:59 PM

I really have absolutely no fucking idea what the price is gonna do next.

It's easy.

Micgoossens = dumb money
JayJuanGee = stupid money
Elwar = insane money

Just do the opposite of whatever they're doing.

and whats roach money ? if there is any

no money
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December 12, 2018, 10:10:43 PM


Every court including WO has to have a jester.  Craig plays that role with his outrageous claims. He should be thanked (not ridiculed) for stepping up to the role. Go Craig baby.

 
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