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Question: How long until 70K (credit: Heslo)
1 week - 19 (19.8%)
1 month - 60 (62.5%)
1 year - 2 (2.1%)
the top is in - math and science confirms it - 15 (15.6%)
Total Voters: 96

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25264243 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.)
Last of the V8s
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January 21, 2019, 10:52:24 PM

in this moment we are all #moshe the hedgehog



we can drop him when his phone fucks up
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El duderino_
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January 21, 2019, 10:54:24 PM

@ rebal0worthOFanyVALUE

you got so much wrong in their, it almost made me cry from laughing.....

also please -------->https://bitcointalk.org/index.php?topic=5094269.100
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January 21, 2019, 10:58:26 PM

Something that 'breaks the rules'.

That article making parallels between bittorrent and bitcoin really hit home, didn't it.
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January 21, 2019, 11:05:09 PM
Last edit: January 21, 2019, 11:23:17 PM by realr0ach

Trollgoossens, I have created this specifically for you.  Since your knowledge of bitcoin is somewhere barely above zero, I would like to show you in simple terms why you're shilling for your own enslavement.  Show this to your girlfriend too and see if the two of you can rub two brain cells together to try and debunk me.

Why Lightning Network is complete fucking garbage - A lesson for caveman level dumbasses in this thread

Let's say for some reason people actually start to use bitcoin.  With it's limited on-chain scaling, this pushes transaction fees to $50, $200, $500, $1000, whatever.  This would push almost all commerce solely to Lightning Network. Now imagine you wish to purchase 100 ounces of physical metals from me (or any metal vendor on the planet) and pay with bitcoin and you do not already have a channel open with me (because why would you?).  This transaction cannot take place.  

How do you solve it?  You either spend an enormous amount of money opening a channel with me, which is the same thing as an on-chain transaction and runs into all the same scalability problems, OR you would pay a fee to a large financial institution who is connected to everyone that you're also already connected to have them route your transaction.  At this point the light bulb should be turning on in your head that tells you large financial institutions are even more powerful, and with a bigger monopoly over everything in the Lightning network than they are in the current, crooked, existing banking system.  

All using LN does is give them the power to abolish physical cash, track everything you do, and easily blacklist ANYONE'S funds the bankers don't like.  Even if you wanted to open a channel with me instead of routing through the bank, it's still COMPLETELY POINTLESS.  Lightning channels are not fungible with one another to spend.  Locking up funds in a channel with me just makes it so you have money that can't be spent or invested elsewhere.  You're incentivized solely to have one channel with all your cash in it opened with a megabank and nothing else.
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January 21, 2019, 11:08:07 PM
Last edit: January 22, 2019, 08:02:25 AM by kurious
Merited by HairyMaclairy (1), El duderino_ (1)

Ok Mic, I did say I would post...

First, Gdansk old town from the window:



The starter, langoustines - flambéed in brandy in a basil and cream sauce:



And my main was moules marinières, (but to be frank not quite as good as the Belgian ones I enjoy in Flanders).
 
However, I chose this place with you in mind as it has a giant letter on the ceiling, approprite for here:



Nite, dude. And stop bothering reading Roach's posts - most people here put him on ignore years ago Wink


EDIT: Misspelled Gdansk!
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January 21, 2019, 11:34:59 PM

Ok Mic, I did say I would post...

First, Gdank old town from the window:



The starter, langoustines - flambéed in brandy in a basil and cream sauce:



And my main was moules marinières, (but to be frank not quite as good as the Belgian ones I enjoy in Flanders).
 
However, I chose this place with you in mind as it has a giant letter on the ceiling, approprite for here:



Nite, dude. And stop bothering reading Roach's posts - most people here put him on ignore years ago Wink

Very Nice, Some real WO camaraderie Wink
Belgian-flanders resto’s are very very good, but on the pics it didn’t look bad @all what you were having their, it all seems very very right their.... Nice view good food a perfect trip away
(I have never been in poland myself)

And when their are Some boring moments as right now btc-related, Then I do love to see Some real life value moments as well Grin

@r0ach.... just cause I know its nonsense... gonna Maybe read that post tomorrow (very Maybe, @troll Department I would read it for sure, just saying)

Back into HODLsleep .....
good night WO’s

Edit: thx to cAPSLOCK and LFC whiteout you Guys I wouldn’t be able of sending a merit for this effort (of giving the thread Some real colour during boringness of BTC) Wink

Btw: it seems you’re a younger couple as well (hope both coiners) Wink
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January 21, 2019, 11:41:40 PM

@r0ach.... just cause I know its nonsense... gonna Maybe read that post tomorrow

If it was nonsense, multiple people would post debunking it, but as usual, not a single person even attempts to because they know they can't.  They see even discussing issues like this as being detrimental to their "investment" and prefer to spam Andreas Antonoplous-style propaganda, lies, and slogans instead.  That Jbreher guy is a couple cans short of a six pack, but he isn't completely retarded and there's obviously a reason he sees LN as a non-solution as well.  He's just for some reason unable to articulate any reasons as to why, unlike I can.
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January 21, 2019, 11:50:33 PM

Mrs V told me to delete a post. Sorry if I offended anyone.  Embarrassed
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January 21, 2019, 11:55:07 PM
Merited by cAPSLOCK (2)

Please repost it so I can be offended
Last of the V8s
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January 21, 2019, 11:57:39 PM

Please repost it so I can be offended
@ChristianJMay 3 hours ago (yes a right-wing weirdo guy, I'd guess) https://twitter.com/ChristianJMay/status/1087453385975087105

Brexit undoubtedly creating a headache for many firms, but amid the gloom:

- Majority of UK CEOs expect to boost headcount in 2019
- Record rise in number of graduate jobs on offer in 2019
- London office take-up at 4 year high
- Commercial property investment at 4 year high


counter: quite funny thread https://twitter.com/mac_puck/status/1087360379691380736
Brace for mega thread on "ALL THEM RULES INNIT" There is a type of of brexiter who is motivated not by xenophobia, or Empire nostalgia, or buccaneering trade fantasies, but instead by "all them EU rules". Sadly they can never name a single one. So I have done some research...

edit: more interesting different subject https://twitter.com/Douglas9162/status/1087483324782784512
My notes “Let my people go Surfing” by Yvon Chouinard (founder of Patagonia), ~25 things
JayJuanGee
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January 21, 2019, 11:58:37 PM

Did somebody previously post a graph or a chart detailing what happens to the price every January (we usually slump every Jan?).

Any way, curious to know people’s thoughts that if we stay over $3,200 as we enter February - Have we definitely seen the bottom of this cycle?

Thoughts?


Bitcoin is not seasonal.

Remember the proclamation that we go up every November?

That did not work too well in November 2018.

I think that the pressure (lack of support) for down is greater than the pressure (too much resistance) for up. 

Does not mean that the price is going down.  Does not mean that I hope the price will go up.  Does not mean that I am selling any.  Does not mean that I am not going to buy more BTC if the price goes down. Does not mean that my stash of BTC is NOT big enough for me to be prepared for UP.

In other words, I have hardly no fucking clue, beyond a coin toss with the use of a coin that is slightly skewed towards down.
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January 22, 2019, 12:11:54 AM

counter: quite funny thread https://twitter.com/mac_puck/status/1087360379691380736
Brace for mega thread on "ALL THEM RULES INNIT" There is a type of of brexiter who is motivated not by xenophobia, or Empire nostalgia, or buccaneering trade fantasies, but instead by "all them EU rules". Sadly they can never name a single one. So I have done some research...

I notice the giant faggot in the link sees no problem with being ruled over by unelected bureaucrats (authoritarianism), therefore, I proclaim myself as your new ruler and none of you should technically have any problem with that.  Hell, for all you know I'm already typing this from Brussels.
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January 22, 2019, 12:14:05 AM

Did somebody previously post a graph or a chart detailing what happens to the price every January (we usually slump every Jan?).

Any way, curious to know people’s thoughts that if we stay over $3,200 as we enter February - Have we definitely seen the bottom of this cycle?

Thoughts?

You probably refer to a chart here:
https://bitcoinist.com/january-crypto-crash-nothing-new/

A drop in Jan 2015, 2016 and 2017, a little in 2018, most centered on Jan 12-Jan 18.
Timeline-wise we passed it already, which means nothing, of course.
Personally, I still think that we had our "January" effect in December.
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January 22, 2019, 12:37:34 AM

and there's no such thing as lack of upward mobility.

I agree that each individual case mostly depends on someone's effort, however, there is some evidence that upward mobility has declined (for some reason, especially in the Midwest, less in NY, Massachusetts and Montana):
http://science.sciencemag.org/content/356/6336/398

You can argue why it happaned, but not whether it happened or not, according to the authors.

Lack of real upward mobility does not imply the lack of opportunity for such. There are all kinds of reasons not to move upwards. Tribes exist that specifically avoid all contact with anything outside of their world, by choice.
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January 22, 2019, 12:50:54 AM



For the analog to be meaningful it should be LN/BTC ~~ TCP/IP

(TCP is stacked on top of IP, the lower layer) ... just saying.

For sure.   Wink Would not want to confuse anyone.    Cheesy Cheesy Cheesy
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January 22, 2019, 12:57:40 AM

Damn, I pretty patient when it comes to long term shit but this is getting ridiculous.
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January 22, 2019, 01:16:01 AM

Sadly I am not offended
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January 22, 2019, 01:22:52 AM

Film: The Shawshank Redemption
Quote
Wow!
It only took six years.
From now on, I will write two letters a week instead of one.

ebook  here:
https://b-ok.org/book/3357592/434fec
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January 22, 2019, 01:24:37 AM


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January 22, 2019, 01:41:54 AM

Damn, I pretty patient when it comes to long term shit but this is getting ridiculous.

Really? Compared to what?

I think you are probably not as patient as you think.
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