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Question: What year will we achieve a new ATH?
2019 - 35 (28%)
2020 - 50 (40%)
2021 - 30 (24%)
2022 - 5 (4%)
2023 - 1 (0.8%)
Never - 4 (3.2%)
Total Voters: 125

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21174524 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.)
Hueristic
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January 16, 2019, 06:47:36 PM


Satoshi's intent was privacy on the and chain that is paramount and a deal breaker in my mind if it is not included. BTC has not fulfilled that promise as of yet.

Your algo is unraveling..more back testing required. /s


Hah, lack of coffee and no proof reading before posting got me a little dyslectic there. Smiley Thx, fixed.

And I elaborated as well.

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Satoshi's intent was privacy on the chain and that is paramount and a deal breaker in my mind if it is not currently included. BTC has not fulfilled that promise as of yet and a second layer solution is not acceptable.
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January 16, 2019, 06:53:19 PM

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

No that is untrue, an emission is a necessity for a currency that's goal is use and low volatility for a plethora of reasons while a cap is good for a SOV which Btc is.

Endless emission means no value, this is, literally, economics 101. No value means that it is useless. Those guys might be good coders but they know absolutely nothing about economics.
But don't take my word for it, just wait until their wishes meets reality.

The Bolded is patently false and your premise and therefore your argument is based on a false premise and not substantiated.

Would you like to share with the rest of the class?

Nope /OpSec ...even though this account is not actively hidden




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January 16, 2019, 06:53:25 PM

Repost of a classic chart (source unknown):



no sense.
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January 16, 2019, 06:55:27 PM


Well, if it's infinite it won't be worth anything. That's Economics 101.

No it's not, that is a common misconception, deflationary emission can create security as well as lower volatility. There is no reason a currency should not restore lost or destroyed coins except to create a system that creates rarity of those coins and that is a SOV type system which has not been proven to be secure as of yet.

Standard economic models do not apply to crypto as they do not take the cost of the security of the currency into account.

Yes they do, they apply to everything that can be bought and sold.

Not those in "Economics 101"

https://bitcointalk.org/index.php?topic=5090427.msg49266991#msg49266991
theymos answered some of our Grin musings ... and more

thanks for the link. Smiley
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January 16, 2019, 07:08:24 PM

Repost of a classic chart (source unknown):



If this graph is real shiieet. Prepare to wait 3-4+ years to see $10k+ again. Now I feel like shit. From $200 to $20k was the best chance I ever had and I've seen it coming 7-8 months before it happened (when it was around $1500) and yet I didn't do much about it.

Now I have to get older for another 5 years.  Angry
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January 16, 2019, 07:13:40 PM

Repost of a classic chart (source unknown):



If this graph is real shiieet. Prepare to wait 3-4+ years to see $10k+ again. Now I feel like shit. From $200 to $20k was the best chance I ever had and I've seen it coming 7-8 months before it happened (when it was around $1500) and yet I didn't do much about it.

Now I have to get older for another 5 years.  Angry


I think that chart is miles off how it will play out to be honest. I’m no expert, far from it but it’s way too conservative timescale wise.

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January 16, 2019, 07:26:30 PM

Repost of a classic chart (source unknown):



If this graph is real shiieet. Prepare to wait 3-4+ years to see $10k+ again. Now I feel like shit. From $200 to $20k was the best chance I ever had and I've seen it coming 7-8 months before it happened (when it was around $1500) and yet I didn't do much about it.

Now I have to get older for another 5 years.  Angry

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January 16, 2019, 07:29:19 PM

^
that graph is really looking ugly MAN delete it from our minds Roll Eyes

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January 16, 2019, 07:31:14 PM



https://twitter.com/maxkeiser/status/1085568737267408903
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January 16, 2019, 07:31:28 PM

^
that graph is really looking ugly MAN delete it from our minds Roll Eyes



I could live with it.
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January 16, 2019, 07:32:32 PM

https://www.reddit.com/r/Bitcoin/comments/agoh7c/we_are_blockstream_and_we_beam_bitcoin_down_from/ space. Ask us anything!
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January 16, 2019, 07:34:44 PM

The 21 million limit and block reward reductions are not set in stone. All it takes is consensus and these things can be changed.

Have fun forking into oblivion.
No question there will be a fork when backward compatibility stops and another when the 21 mil limit changes to endless.
You end up with endless coins and fork after fork.

Bitcoin SV sticks Hardcore to 21 mil limit and peer to peer a logical and sensible backup.
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January 16, 2019, 07:35:39 PM

^
that graph is really looking ugly MAN delete it from our minds Roll Eyes



I could live with it.

I mean it is still a good graph, at least we know at some point we'll see it above $100k but fuck man I wish it was going to happen sooner not 5 years later. That graph is very similar to the graph I follow and it also pretty much says the same thing:
https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/

We are at least, I can't stress this enough, AT LEAST, 3 years away from the next ATH and this is if everything happens in the same time frame like it happened between 2014-2017 Dec. And it is not going to because the bowl will be wider.

I guess I can still be happy about it as long as it doesn't go below $2k and stay there forever. Even if we don't see another ATH in the next 5 years, I can be glad that I have this option where I can keep my money away from banks.

Most people don't realize how good this feature is.
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January 16, 2019, 07:41:08 PM
Merited by Paashaas (1)



^the 1year shut down of that BIG SCAM Cheesy

remember people BUY-BTC be SAFE
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January 16, 2019, 07:41:33 PM

Snake oil salesman Roger Ver  Smiley

I hoped his would change the website into BTC only and starting to promote LN if he really wants to save babies.

Ore perhaps his 1st step back to BTC because bCash isn't going anywhere.



https://twitter.com/PeterMcCormack/status/1085597928482369537
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January 16, 2019, 07:44:21 PM

^
that graph is really looking ugly MAN delete it from our minds Roll Eyes



I could live with it.

if its a sure thing then of-course, and if it plays out that way, yeah i'm on the train so I will ride it ....
just like to have some excitements a I guess we all want
GREEN over GREEN  and all that comes with it IRL fun Wink Smiley
the imminent walking around with a smile from ear tot ear (and the constant look of NOW you see F***ing nocoiner N00BS)

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January 16, 2019, 07:46:20 PM
Merited by JayJuanGee (1), Paashaas (1), Torque (1)

The 21 million limit and block reward reductions are not set in stone. All it takes is consensus and these things can be changed.

Have fun forking into oblivion.
No question there will be a fork when backward compatibility stops and another when the 21 mil limit changes to endless.
You end up with endless coins and fork after fork.

Bitcoin SV sticks Hardcore to 21 mil limit and peer to peer a logical and sensible backup.


Bitcoin SV is a dumpster fire being run by con artists.

BTC will never have more than 21MM coins.  It is quite possibly *the* **absolute** ***MOST*** ironclad part of it's design, and social contract.  Any fork that tries to create more is forking AWAY from BITCOIN just as BSV did (by proxy).

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January 16, 2019, 07:47:39 PM

Repost of a classic chart (source unknown):



If this graph is real shiieet. Prepare to wait 3-4+ years to see $10k+ again. Now I feel like shit. From $200 to $20k was the best chance I ever had and I've seen it coming 7-8 months before it happened (when it was around $1500) and yet I didn't do much about it.

You:

We are not in a bubble unless we touch 20k$/piece

Also you:

$20k on cex.io



We did it!

You predicted almost the perfect top - and even celebrated the "bubble" (according to your own prediction); So... how's your HODLing going, mate? Cheesy
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January 16, 2019, 07:57:50 PM



https://twitter.com/RedditBTC/status/1085610498270351360
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January 16, 2019, 08:00:38 PM
Merited by criptix (1)

Repost of a classic chart (source unknown):



If this graph is real shiieet. Prepare to wait 3-4+ years to see $10k+ again. Now I feel like shit. From $200 to $20k was the best chance I ever had and I've seen it coming 7-8 months before it happened (when it was around $1500) and yet I didn't do much about it.

You:

We are not in a bubble unless we touch 20k$/piece

Also you:

$20k on cex.io



We did it!

You predicted almost the perfect top - and even celebrated the "bubble" (according to your own prediction); So... how's your HODLing going, mate? Cheesy

Still Holding. That thread was like I don't know, I felt like a prophet when it just touched $20k and started to go down. I pin pointed the exact top 7 months before and It wasn't me who created this graph, I just saw it was about to break that purple line while it was around $1500 and I said if this shit breaks this line, It is going to hit $20k for sure, and it did. Basically I repeated what the creator of that graph was thinking while drawing it.

It was so perfect, and it still is, and that's why that wide bowl graph (again it is very similar to the graph I follow) is most likely to happen. That's why I still hold and keep buying.

I know at some point we will see it above $100k and I can't afford to miss it.
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