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Question: Will bitcoin ever go below $10K again in your lifetime?
Yes - 42 (53.8%)
No - 36 (46.2%)
Total Voters: 78

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22682016 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. (148 posts by 37 users deleted.)
kingcolex
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April 21, 2019, 10:26:17 PM

It will not go under $1200. Whoever was dreaming months ago about that is just a dreamer. Right now is not a dreamer anymore but an idiot. Even sub $2000 should never happen.  $3200 as it was is just perfect. Yes it can go there in next 4 months, but most likely will dip to like $3600 minimum.  Come on. $1200. Really? Bitcoin was $1200, 5 and half years ago.

In a bog standard pump and dump (which is what bitcoin is - a pump and dump scam), the $3000's would be the bottom in a standard pump and dump whose future is not to completely implode and die off and live to see another day.  Since transaction validators are designed to centralize making it have zero fundamentals and no reason to exist, plus tokens being non-fungible and thus a permissioned ledger by default, it could also go the other way in a slow grind to complete failure, as anything with zero fundamentals would do on a long enough timeline.

Bitcoin's future relies entirely on how many clueless people you can fool because it's fundamentals are just not there - they don't exist.  It's a govt created bancor scam designed to try and trick people away from actual money (physical metals) and into a cashless society slavery system.  Everything about the "whitepaper" was a lie from day one.  Things like "peer to peer currency with no middlemen".  Every transaction has 3 or more parties involved.  It has built-in, rent seeking middlemen and it's not even possible to do a transaction with only 2 parties!  How the fuck is that "peer to peer"Huh??

The big lie:  "the use of a lie so colossal that no one would believe that someone could have the impudence to distort the truth so infamously"
Life must take a weird path to end up being an angry Nazi that is so jealous and enraged about making a wrong decision and following rawdawgs advice that your still in disbelief and spend your days refusing to believe the truth in front of your face.

Silvers not going up anytime soon, we're all going to be making a much better ROI than you.
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realr0ach
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April 21, 2019, 10:32:39 PM

It will not go under $1200. Whoever was dreaming months ago about that is just a dreamer. Right now is not a dreamer anymore but an idiot. Even sub $2000 should never happen.  $3200 as it was is just perfect. Yes it can go there in next 4 months, but most likely will dip to like $3600 minimum.  Come on. $1200. Really? Bitcoin was $1200, 5 and half years ago.

In a bog standard pump and dump (which is what bitcoin is - a pump and dump scam), the $3000's would be the bottom in a standard pump and dump whose future is not to completely implode and die off and live to see another day.  Since transaction validators are designed to centralize making it have zero fundamentals and no reason to exist, plus tokens being non-fungible and thus a permissioned ledger by default, it could also go the other way in a slow grind to complete failure, as anything with zero fundamentals would do on a long enough timeline.

Bitcoin's future relies entirely on how many clueless people you can fool because it's fundamentals are just not there - they don't exist.  It's a govt created bancor scam designed to try and trick people away from actual money (physical metals) and into a cashless society slavery system.  Everything about the "whitepaper" was a lie from day one.  Things like "peer to peer currency with no middlemen".  Every transaction has 3 or more parties involved.  It has built-in, rent seeking middlemen and it's not even possible to do a transaction with only 2 parties!  How the fuck is that "peer to peer"Huh??

The big lie:  "the use of a lie so colossal that no one would believe that someone could have the impudence to distort the truth so infamously"
Silvers not going up anytime soon, we're all going to be making a much better ROI than you.

Correction, you *HOPE* you're able to scam some random millenials or boomers to buy into your Ponzi in order to profit off them and make an ROI.  I guess it's possible you might be able to scam Tim Draper into holding the bag or something?  But rich people tend to be harder to scam.  It's usually the rich scamming the common man instead.  This is why a pump "to the moon" is such a sketchy proposition in bitcoin.  

The average human is flat broke nowadays with all wealth concentrated at the top, so the rich taking the ball and manipulating it to a gazillion dollars would have nobody for them to sell to and they'd be the bagholders with a few small fish profiting off them.  The only real, valid proposition for bitcoin "to the moon" pumping is that it's a govt created bancor scam designed to try and trick people away from physical metals and into a (((digital currency))) slavery system.  But if you're going to be a Judas shilling for that you might as well just get a job at MSNBC.

I hope you caught the polls on Zerohedge the other day.  70% of people oppose a digital only currency.  Physical metals win, (((digital currency))) loses.
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April 21, 2019, 10:38:02 PM

Well it doesn’t look like anyone wants to advocate for children starving in the streets.  If you follow that through to its logical conclusion you end up with a system not dissimilar to the current system.

On that basis I think that left and right are actually quite close in their approach although the rhetoric differs.  

I guess Jbear and Arie and I can agree on stuff.
We are discussing what is being suggested in real legislation in the US. Not some fantasy land only this only that. The current US setup but now with added giving money to lazy people and taxing out the ass.

TBH I haven’t followed the new green deal and don’t know what is being proposed.
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April 21, 2019, 10:40:00 PM

China is “socialism with Chinese characteristics” which translates to hyper-capitalism.  

The USA is far more socialist than China.  

Funny how socialists always claim that the socialist countries aren't really socialist.


China left socialism 40 years ago.  Of course slow at start. Right now is in many aspects way more liberal capitalist country as is Trump USA. If China would stay socialist until today would not become strongest economy. Impossible.


Maybe Venezuela is not socialist either. I donno, I am starting to get very lost on this subject.

Venezuela is socialist.  Venezuela and China are opposite.     China is Communist society system and capitalist economic system. Venezuela have democratic society system and socialist economic system.
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April 21, 2019, 10:41:35 PM

Well it doesn’t look like anyone wants to advocate for children starving in the streets.  If you follow that through to its logical conclusion you end up with a system not dissimilar to the current system.

On that basis I think that left and right are actually quite close in their approach although the rhetoric differs.  

I guess Jbear and Arie and I can agree on stuff.
We are discussing what is being suggested in real legislation in the US. Not some fantasy land only this only that. The current US setup but now with added giving money to lazy people and taxing out the ass.

TBH I haven’t followed the new green deal and don’t know what is being proposed.
Just what we were discussing a living wage for those unable AND unwilling to work. It's that and unwilling for what we discussing.

Another part of it is a rehab of every single building in the US to make it green, every single home.

A ban on combustion engines fully implemented in under 10 years.

Ban on cow farms

Ban on airplanes (part of the combustion engine issues)

And much much more. It's a silly thing.
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April 21, 2019, 10:42:42 PM

TBH I haven’t followed the new green deal and don’t know what is being proposed.

UN sustainable development program - aka the deindustrialization of the entire 1st world.  Much of it is just Jewish attacks vs white western civilization disguised as environmentalism in order to try and destroy them and have moron leftists champion their own demise while pretending they're on the 'insider' team that will be spared - they won't.  There's only one actual valid path for sustainable development, and that's a global war on R-selection brown people. The complete opposite of the Jewish Kalergi plan which is essentially infinite brown people.
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April 21, 2019, 10:46:48 PM

Sounds like an attempt to move the Overton window

Jojo:  I want to think before responding

Arie:  I will read your link

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April 21, 2019, 10:47:00 PM
Merited by vapourminer (1)

I don't know about party affiliations but it seems to me that every citizen of a country should be given the exact same benefit of any social program. Managing any kind of rules requires an administrative burden. For each edge case or unique circumstance, there are 1000 administrative types in an office somewhere processing paperwork/requests/waivers. Make it universal or don't do it.

If we are giving welfare to one person, then we give it to every registered citizen. If that means everyone gets 500 a month, indexed for inflation, then that's what it means. Most of that monthly benefit would get pumped back into the economy and since fiat value is not based on anything really, the cost of the system could be calculated into the inflation of the USD and paid for by the FED rather than the US Government. The fed is going to stimulate the economy anyway, why not do it at the citizen level rather than the bank level? Call it the base cost of a having a population of citizens. Like oil revenues for Alaska residents. I mean, the country technically belongs to its citizens anyway, right?

A billionaire won't give a shit about that 500 a month and any soul who wants a better life for themselves is not going to settle for that either. The mentally ill will find someone to help them for that 500 and the people who refuse to work will have enough to deter them from committing petty crime for food (I mean they are too lazy to work and stealing takes work). People who are here illegally will not get it, so every citizen will have an immediate advantage over illegals.
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April 21, 2019, 10:50:28 PM
Last edit: April 21, 2019, 11:01:23 PM by realr0ach

If that means everyone gets 500 a month

The plan is to give the goyim slaves a small stipend and then begin to attach ENORMOUS strings and requistes to receiving that stipend that results in complete communist control - control of movement, spending, everything.  From there it's word for word the same plan that was used against the goyim during the Jewish Bolshevik revolution in Russia where 20+ million white Christians were murdered.  

As you can see, this is why there's starting to be large divides in the (((ruling class))).  Even if you're a billionaire right now, you will probably either lose it all, be killed, or jailed at some point during all this, so there's not a whole lot of reason to support it for much of anyone.  The real situation at hand that has to be addressed is either extreme monetary inflation to keep the debt based system afloat, or transition to an entirely new system. The only real valid way out of it that doesn't involve war where everyone on the planet dies is to simply revalue/remonetize gold and silver to what they should be and everyone dumb enough to be holding debt or imaginary digital instruments gets left holding the bag with nothing.
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April 21, 2019, 10:52:49 PM

Did you guys saw the Bitcoin Heist movie from 2016.?  Here is the poster image https://imgur.com/wh6LauW I've never watched it so far, now I was doing some random searches on google and found this movie (https://myopenloadmovies.com/watch/bitcoin-heist). If anyone here saw it, can you please share some experience, is it worth watching?  Grin
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April 21, 2019, 10:54:30 PM


What I can't see is if we are all depending on crypto adoption how anyone would or could than socially or otherwise BTC could come back and moon from $1,000

is beyond me. It goes that low and we are toast IMHO in that all adoption (newbies) would dry up and the HODL folk like myself would dump way more than 1/2 their

hoard before that $1,000 price. Just can't see it as working at that level with the amount of FUD and PRESS gleefully pumping our demise to the masses at those price levels.

To me 'adoption' is a fragile flower...it simply could not come back at a $1,000 dump level. The Fud'sters would win IMHO if that was to happen.

Nobody knows shit. And he's proven himself to not know shit by stating upfront that everything that is not BTC is going to zero. Everything that is not BTC is largely worthless indeed but not enough people will ever agree with his wee opinion.

As for $1000, if it happened this year it would be alarming but a lot less alarming than if it was still considerably lower than it is now in a couple of years.



I agree I know zip. Just saying that as new (if we are in the accumulation phase of crypto and BTC) and we take a hit down to 1,000 for BTC.  I still think that would be 'all she wrote' at this price

and level of adoption. Indeed the powers that be in the world against open source bitcoin would simply use that price as a 'way' to move in and take over from BTC dominance. Yes, sorry to say

no real adoption and people are that stupid to believe in a bank coin.

Anyway, not that I think BTC is going to $1,000 but that would be the terms above I'd be freaking out about if it did. Sad

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April 21, 2019, 10:57:46 PM

Indeed the powers that be in the world against open source bitcoin would simply use that price as a 'way' to move in and take over from BTC dominance. Yes, sorry to say

no real adoption and people are that stupid to believe in a bank coin.

No 'bank coin' will ever be anything other than a dollar token. How do you get someone to invest a dollar in a virtual dollar? Most of their dollars already are.

The only thing that attracts most people to BTC is a free floating value backed by an open protocol. No conventional operation would release or endorse something like that and they'd instantly lose control of it anyway. If they had some giant premine to compensate for that no one would touch it.

The idea is diametrically opposed to all that 'Them' get up to and is far, far too powerful to bugger off for good now.
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April 21, 2019, 10:58:49 PM

The only thing that attracts most people to BTC is a totally floating value the idea of profiting off pump and dump scams for imaginary, valueless tokens.
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April 21, 2019, 11:02:30 PM

China is Communist society system and capitalist economic system.

Irreconcilable and ultimately impossible.
Right now it is a contradictory system invented during Deng Xiaoping era, I agree, but clearly moving toward autocratic/communist (regressive) system.
Too many examples for this starting from increase in the role of state enterprises, social credits (yick!), etc.
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April 21, 2019, 11:06:07 PM
Merited by vapourminer (1)

Should we reinforce the idea of having kids and doing nothing is acceptable?

Wouldn't this lead to increased poverty areas and a lower standard of living for everyone involved?

We already have, and it already has.

It has now been normalized for shiftless lazy irresponsible people to fornicate willy-nilly, profligately spraying out offspring destined to become not only a burden upon society, but also a larger percentage of the next generation almost certainly among the shiftless lazy irresponsible people fornicating willy-nilly, profligately spraying out yet another larger horde  offspring destined to become ...
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April 21, 2019, 11:07:15 PM

yeah...I need a bigger hard drive...my node outran my storage last week

Well, you're in luck. Today, it costs about 20 milli-BTC to buy a 1TB SSD.

Of course, it'll be cheaper tomorrow, but...


How much ETH does it cost to buy 3TB SSD and run the +2TB ETH blockchain?

About $350 USD. Today.
kingcolex
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April 21, 2019, 11:12:49 PM

yeah...I need a bigger hard drive...my node outran my storage last week

Well, you're in luck. Today, it costs about 20 milli-BTC to buy a 1TB SSD.

Of course, it'll be cheaper tomorrow, but...


How much ETH does it cost to buy 3TB SSD and run the +2TB ETH blockchain?

About $350 USD. Today.
So right at 2 eth, not terrible.
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April 21, 2019, 11:16:24 PM

Seasteading, ones dream.
Float, flee from goverments Will.
Elwar, carry on.
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April 21, 2019, 11:19:38 PM

Well it doesn’t look like anyone wants to advocate for children starving in the streets.  If you follow that through to its logical conclusion you end up with a system not dissimilar to the current system.

I don't think that you have even started to make the case that B is necessarily the outcome of A above.

After all, here in the good ol' US of A, we've have generations of so-called 'progressive' governmental meddling in how society need be structured in order to be compassionate for the 'have-nots' and the 'not-willing-to-lift-a-finger-to-get-its', and the result is actually larger and larger percentages of people living hardscrabble lives.

Surely, we have the evidence that doubling down by subsidizing the refuseniks will be most certainly counterproductive.
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April 21, 2019, 11:23:44 PM

Elwar, carry on.

It's easier said than done.

Elwar should just forget the stupid idea of seasteading for the rest of his life.
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