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Question: Is this the last time Bitcoin will be below $9,000?
Yes - 41 (38.3%)
No - 40 (37.4%)
I Don't Know - 26 (24.3%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21686646 times)
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rdbase
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February 06, 2019, 11:10:31 PM

Even more intrigue about the quadrigacx conspiracy theories. Undecided
https://www.youtube.com/watch?v=tiy1K6-mf4s
From this other thread about it
https://bitcointalk.org/index.php?topic=984498.msg49618855#msg49618855
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rdbase
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February 06, 2019, 11:13:25 PM

micgoossens, you flipping burgers at mickey d's now?

bear markets sure are rough..... Tongue
Congrats on the new job, micgoosy! Grin

yeah, taking r0ach's advice, he's a smart man after all Roll Eyes
So when you landing that orange lambo to drive to your new job? *searches for that pic posted a few weeks back of your ride*
If they offered me a lambo I would work there too. Wink

Found it!  Grin My mistake. It was LFCbitcoins ride. Cheesy

Just filling out a job application for my local McDonalds, getting ready for being poor seems a good idea right now Wink




can't do that man that's not nice Roll Eyes

Actually you would get a car if you work at McDonalds. Grin
Just not as a nice one that LFC has. Cheesy
https://www.ajc.com/news/mcdonald-employee-gets-free-car-from-kansas-businessman/HliHsqXrqtAkuaahNwFWbL/

Atleast his matches the restaurants logo.
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February 06, 2019, 11:24:50 PM
Merited by JayJuanGee (1)


You got to know when to take the profit/loss.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

If I was a tourist like you I'd have sold my bitcoins at $500 like Mike Hearn did. Tourists come and go. We live here. For us bitcoin is something much more than just money! And bitcoin is rewarding us since 2009.

You'll take your profit at $5000 and when bitcoin gets beyond $50000 from cryptotourist you'll become cryptohater like so many people before you during the last 10 years! Just because they thought they knew when to take the profit/loss.

 
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February 06, 2019, 11:27:16 PM
Last edit: February 06, 2019, 11:48:54 PM by Last of the V8s
Merited by BobLawblaw (1)

https://www.theblockcrypto.com/2019/02/06/analysis-binance-brought-in-446-million-in-profits-in-2018-despite-the-bear-market/
funds are notu badu
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February 06, 2019, 11:43:07 PM

https://duckduckgo.com/html?q=swerved%20to%20avoid%20octopus
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February 06, 2019, 11:58:52 PM


You got to know when to take the profit/loss.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

If I was a tourist like you I'd have sold my bitcoins at $500 like Mike Hearn did. Tourists come and go. We live here. For us bitcoin is something much more than just money! And bitcoin is rewarding us since 2009.

You'll take your profit at $5000 and when bitcoin gets beyond $50000 from cryptotourist you'll become cryptohater like so many people before you during the last 10 years! Just because they thought they knew when to take the profit/loss.

I feel you, it's easy for you to judge & say that, but you don't really know me mate, so no.
It is very clear in my mind, when it comes to BTC when to sell what.
The selling points are already fixed. Maybe you freaked out when I wrote that I shorted the BTC I got from my shitcoins. Only.

When I introduced myself, I mentioned that I mined BTC & LTC back in 2013-2014.
I didn't loose any money then, nor did I make any. I eventually did loose all those coins, but never sold them.

Also I didn't believe so much in BTC at that time.
Came back mid 2017. That's were the tourist comes from. From the past, not from the future. Wink

I'm not going to try to convince you that I'm going nowhere.
You can have your opinion, and I can have mine, only time will tell who was right.

Quote
I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

Don't really understand that. Me too?
I hope you shorted some BTC in Dec 2017. Otherwise it all makes sense. Roll Eyes
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February 07, 2019, 12:00:16 AM

With the political situation and the following statistic, americans and french are losing raison. Undecided
https://www.similarweb.com/website/kraken.com#overview
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February 07, 2019, 01:11:00 AM

4 main metrics to look at imo: Ethnicity (white of whatever variety), language (something civilized (english)), culture (NO WELFARE), and taxation on bitcoin.

Looking into it myself, but at the end of the day the only way to know for sure if a given country works is to go there and live for a while.

As a US citizen, my only real options to reduce Bitcoin tax burden would be to ditch my citizenship or move to Puerto Rico. However, as jbreher mentioned, now would be the time to move to PR, while we're in the depths of a bear market.

I'd like to move out of the US, at least temporarily, just for the experience. But I have a baby now, which complicated things further.
Bring your anchor baby with you. That's what the anchor fucking means.

Huh
What? Babies go where the parents go.

Yes. But at least 'round these parts, the term anchor baby refers to a kid born to an illegal alien upon US soil. Such an event entitles the baby to automatic US Citizenship status. This provides a tie for the rest of the family to argue for US legal resident status. Thereby, 'anchor'.

Such a term is clearly inapplicable to infofront's current situation with an already-born child. Nevermind the fact that it seems likely infofront is already US-ian.

Of course, my understanding of the term 'anchor baby' may be predicated on regional dialect. Yours may differ?
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February 07, 2019, 01:11:04 AM


You got to know when to take the profit/loss.

I keep my profit only in bitcoin. When I pay my loss I pay in bitcoin.

If I was a tourist like you I'd have sold my bitcoins at $500 like Mike Hearn did. Tourists come and go. We live here. For us bitcoin is something much more than just money! And bitcoin is rewarding us since 2009.

You'll take your profit at $5000 and when bitcoin gets beyond $50000 from cryptotourist you'll become cryptohater like so many people before you during the last 10 years! Just because they thought they knew when to take the profit/loss.

You speak a decent amount of truth here, becoin.  Long term BTC hodlers are likely not going to need to worry about exactly when they take their profits or cash out a certain amount of BTC to pay some fiat expenses, because the reason has been that they mostly HODL through the UPs and the DOWNs, and when looking back at the long term, they have accumulated way more value by NOT attempting to time UPs and DOWNs, even while accumulating more and more BTC through the whole time.

Sure, could have had more BTC to sell more at higher prices, yet does not really matter too much because higher priority goes to buying on a regular basis and especially dips.   

TLDR:  No need to either be playing around with alts nor selling large amounts of bitcoin... and you as long as you are accumulating BTC, you are likely to do quite well, financially.
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February 07, 2019, 01:50:56 AM

Wait, twitter jack jack?

There's a pretty big divergence in the money changer powers going on.  You have Twitter fucktard, Marxist Jew servant Jack Dorsey telling people bitcoin is the greatest thing ever, while Alex Jones said today (2/6/19) that bitcoin "is a scam".  Alex Jones used to have a lot of truth on his show, but has since reduced the truth levels significantly and now tells blatant lies like "the Chinese run the media and Hollywood".  No, Alex Jones, the Chinese do not run the media and Hollywood.

It's pretty obvious to any non-retard that both Dorsey and Alex Jones are constantly shilling and covering up for Jews 24/7, yet each one is taking a completely opposing stance on bitcoin now.  My personal theory about Jack Dorsey would be that he has more technical knowledge than Alex Jones and the reason Jack Dorsey is hyping mostly Lightning Network and not even bitcoin is that he knows the Lightning Network will be just like I said - a permissioned ledger recreation of the already existing banking system on the blockchain.

So assuming these fucktards can force Lightning Network on people somehow, it's essentially the already existing banking system while accomplishing their eternal goal of removing the human right of physical cash.  There is no winning with digital shitcoins; they will all be transformed towards evil goals like this resembling the Chinese social credit score system.  The only logical move is to boycott all of them and use physical metals instead.
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February 07, 2019, 01:59:22 AM

Sometimes I think how difficult to use Bitcoin for newcomers and it could be a barrier to mass adoption. I'm alright now:

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February 07, 2019, 02:12:15 AM
Last edit: February 07, 2019, 02:33:22 AM by realr0ach

Bitcoin is becoming increasingly decentralized. Compare how the situation has changed in less than five years with the distribution of hashrate among mining pools.
We are going in the right direction! Cheesy



This is bullshit though because you have no way of knowing if the same person owns multiple pools or not, or if a cartel of different actors all colludes together even if they aren't the same people.  Just like the current banking system for instance.  People that have studied the topography of the traditional banking network claim there's not multiple banks but just a "one bank".  So the traditional banking system already does this obfuscation, which designed to centralize bitcoin will inevitably do as well.  

This is one reason bitcoin DOES NOT solve the Byzantine generals problem.  You can theoretically have 10 different shell pools all owned by one guy or cartel and be under 51% attack 24/7 with nobody able to verify if it's true or not. The burden of proof isn't for others to prove bitcoin is centralized, it's for bitcoin to be able to prove it's not, but it has no possible way to do so.  Just the act of double spends not occurring proves nothing.  It can still be a monopoly the entire time.  Centralized transaction validators having the ability to blacklist transactions (permissioned ledger) is just as big of a problem as double spends anyway.
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February 07, 2019, 02:56:53 AM

4 main metrics to look at imo: Ethnicity (white of whatever variety), language (something civilized (english)), culture (NO WELFARE), and taxation on bitcoin.

Looking into it myself, but at the end of the day the only way to know for sure if a given country works is to go there and live for a while.

As a US citizen, my only real options to reduce Bitcoin tax burden would be to ditch my citizenship or move to Puerto Rico. However, as jbreher mentioned, now would be the time to move to PR, while we're in the depths of a bear market.

I'd like to move out of the US, at least temporarily, just for the experience. But I have a baby now, which complicated things further.
Bring your anchor baby with you. That's what the anchor fucking means.

Huh
What? Babies go where the parents go.

Yes. But at least 'round these parts, the term anchor baby refers to a kid born to an illegal alien upon US soil. Such an event entitles the baby to automatic US Citizenship status. This provides a tie for the rest of the family to argue for US legal resident status. Thereby, 'anchor'.

Such a term is clearly inapplicable to infofront's current situation with an already-born child. Nevermind the fact that it seems likely infofront is already US-ian.

This.
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February 07, 2019, 03:08:24 AM

He's a fairly well known guy in the bitcoin twittersphere. I think he's basically a bitcoin maximalist. He's just been a little overbearing in his pain forecasts.

What about if the r0ach hypothesis of the market is accurate, then is it bearish?  That a single entity on Bitfinex has controlled the price all the way from $200 to $20,000 and I'm leaning towards the identity of that entity being Bitmain.  If the identity of this entity was Bitmain and Bitmain implodes, bankrupts, or has no money to pump it anymore, then how is bitcoin going to be artificially manipulated to a bazillion dollars each with no Bitmain to rig it there?
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February 07, 2019, 03:14:21 AM

(How'd I do?? I've been working on my JJG impersonation)

 Not bad. Now that I think about it, I recall the chronology of the events being something like;

1) Me making snarky response to JJG being "wordy-man" with his posting style
2) JJG doesn't take it too well and makes some veiled and limp-wristed homophobic rebuttal
3) I don't take kindly to those types of ignorant folk
4) Ignored
5) Wanted to punch the guy in the fucking face ever since

Well thats just Gay. Tongue


There is no hate on my end.  Bob just possesses a lack of tolerance to anyone who won't suck his tiny penis that he wants peeps to believe is bery bery bery BIG.     Cheesy Cheesy Cheesy

Wait, this is even gayer. Smiley
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February 07, 2019, 03:16:50 AM
Merited by Ibian (1)

4 main metrics to look at imo: Ethnicity (white of whatever variety), language (something civilized (english)), culture (NO WELFARE), and taxation on bitcoin.

Looking into it myself, but at the end of the day the only way to know for sure if a given country works is to go there and live for a while.

As a US citizen, my only real options to reduce Bitcoin tax burden would be to ditch my citizenship or move to Puerto Rico. However, as jbreher mentioned, now would be the time to move to PR, while we're in the depths of a bear market.

I'd like to move out of the US, at least temporarily, just for the experience. But I have a baby now, which complicated things further.
Bring your anchor baby with you. That's what the anchor fucking means.

Huh
What? Babies go where the parents go.

Yes. But at least 'round these parts, the term anchor baby refers to a kid born to an illegal alien upon US soil. Such an event entitles the baby to automatic US Citizenship status. This provides a tie for the rest of the family to argue for US legal resident status. Thereby, 'anchor'.

Such a term is clearly inapplicable to infofront's current situation with an already-born child. Nevermind the fact that it seems likely infofront is already US-ian.

This.


I doubt that Ibian is unaware of the USA political usage of the term "anchor baby," and likely, he purposefully used the term in different way, perhaps in order to cause some definitional distress from various readers, as a kind of joke.  And, maybe the joke has become a bit more funny because of jbreher's perception of a necessity to explain the current USA political usage of the term "anchor baby?"

Jokes are not so good when explained, but as you may recall, infofront had already said that he could not travel as easily, in part, because of baby, which could imply that said baby is anchoring down infofront's mobility. 

Literal rather than political definition of an "anchor baby." 

I better not attempt to explain more because the joke is going to become even less funny, perhaps?    Cry Cry Cry
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February 07, 2019, 03:19:54 AM

He's a fairly well known guy in the bitcoin twittersphere. I think he's basically a bitcoin maximalist. He's just been a little overbearing in his pain forecasts.

What about if the r0ach hypothesis of the market is accurate, then is it bearish?  That a single entity on Bitfinex has controlled the price all the way from $200 to $20,000 and I'm leaning towards the identity of that entity being Bitmain.  If the identity of this entity was Bitmain and Bitmain implodes, bankrupts, or has no money to pump it anymore, then how is bitcoin going to be artificially manipulated to a bazillion dollars each with no Bitmain to rig it there?

Stop trying to claim credit for a theory that is shared by a lot of other reddit nutjobs.  The bitfinex manipulation theory.  Can read a thousand versions of such theory on reddit with such minor variations that they all boil down to nearly the same thing, which, in essence, is pie in the sky making up shit.   Roll Eyes Roll Eyes Roll Eyes  
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February 07, 2019, 03:34:13 AM

Wait, twitter jack jack? Hm. Maybe some of his questionable actions are just a result of being in a tough position.

Why?  Jack is a bitcoin maximalist, and considers other coins to be shit/scams.  He is the owner of twitter, but also Square.  So many of the references that he is making is regarding square, rather than twitter, even though there may be some overlap in the future, too.  

In other words, his bitcoin maximalist stance seems to be following a similar ideology as the vast plurality of active participants of this thread.   No?  What's strange about that?

Supporting Bitcoin is not questionable at all of course.

Twitter's banning of accounts not repeating the left-wing kumbaya propaganda is. Ibian implies that Jack's hand may be tied on that one.
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February 07, 2019, 03:39:19 AM

He's a fairly well known guy in the bitcoin twittersphere. I think he's basically a bitcoin maximalist. He's just been a little overbearing in his pain forecasts.

What about if the r0ach hypothesis of the market is accurate, then is it bearish?

That would be bullish in the medium term.

Quote
That a single entity on Bitfinex has controlled the price all the way from $200 to $20,000 and I'm leaning towards the identity of that entity being Bitmain.  If the identity of this entity was Bitmain and Bitmain implodes, bankrupts, or has no money to pump it anymore, then how is bitcoin going to be artificially manipulated to a bazillion dollars each with no Bitmain to rig it there?

Bitfinex has some influence on the market insofar as their Tether printing goes. They can manage that without Bitmain or anyone else, except maybe some crooked accountants.
You're always on about bitfinex controlling the market. They rank #44 in 24 hour volume on coinmarketcap. What am I missing?
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February 07, 2019, 03:40:25 AM
Last edit: February 07, 2019, 03:55:11 AM by realr0ach

He's a fairly well known guy in the bitcoin twittersphere. I think he's basically a bitcoin maximalist. He's just been a little overbearing in his pain forecasts.

What about if the r0ach hypothesis of the market is accurate, then is it bearish?  That a single entity on Bitfinex has controlled the price all the way from $200 to $20,000 and I'm leaning towards the identity of that entity being Bitmain.  If the identity of this entity was Bitmain and Bitmain implodes, bankrupts, or has no money to pump it anymore, then how is bitcoin going to be artificially manipulated to a bazillion dollars each with no Bitmain to rig it there?

Stop trying to claim credit for a theory that is shared by a lot of other reddit nutjobs.  The bitfinex manipulation theory.  Can read a thousand versions of such theory on reddit with such minor variations that they all boil down to nearly the same thing, which, in essence, is pie in the sky making up shit.   Roll Eyes Roll Eyes Roll Eyes  

JayJuanGee, are you retarded?  I am the originator of this theory.  People like that guy named "Bitfinexed" came WAY after me.  It's even posted on a damn blockchain.  Do you see the date?  It says "3 years ago".  That's how you can tell I was correct, because so many people came after me all with similar conclusions:

https://steemit.com/news/@r0achtheunsavory/bitfinex-is-lying-about-the-hack-and-i-can-tell-you-exactly-what-likely-happened

And a followup post to that one where you can see the insanely scammy bid and sell sides on Bitfinex after it came back up from the supposed "hack".  You can EASILY tell the price there is controlled by a single entity in the screenshot on this post and that entity likely has connections to the people running the exchange because nobody else would store money there after their fake hack:

https://steemit.com/money/@r0achtheunsavory/the-r0ach-report-vol-3-bitfinex-scamming-intensifies-and-more-on-the-silver-and-gold-markets
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