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December 13, 2019, 07:19:48 AM *
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Question: Dec. 14 Closing Price:
<$6,000 - 10 (11.4%)
$6,000-$6,500 - 5 (5.7%)
$6,500-$7,000 - 9 (10.2%)
$7,000-$7,500 - 11 (12.5%)
$7,500-$8,000 - 18 (20.5%)
$8,000-$8,500 - 11 (12.5%)
$8,500-$9,000 - 4 (4.5%)
>$9,000 - 20 (22.7%)
Total Voters: 88

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21458110 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. (137 posts by 31 users deleted.)
jonoiv
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May 29, 2019, 11:05:05 AM

adverts?
evidence?

c'mon are you telling me you see no ships?


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May 29, 2019, 11:05:52 AM

I saw this ad when perusing bitcoin-related jobs on Upwork today:



I did the math and that means his "machine" would need to have a hash rate of about 560,000 TH/s...

I'm not a miner but it would appear today's best mining equipment gets (lets liberally say) 20 TH/s. (is this about right? I have no real idea)

That would mean he would need 28,000 of these machines. At $3k a pop, that would run you a bill of a cool $28 million. Not including a bulk discount, but also neither related expenses, such as:

- a colisseum-sized warehouse to place all the miners
- a few thousand solar panels
- shit I'd throw in the "site that can sell bitcoins online" for free

Don't think its worth it to bother telling him his expectations are bit too high.
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May 29, 2019, 11:12:33 AM

A few dozen hours later.
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May 29, 2019, 11:13:32 AM

28,000 of these machines

Imagine how many Chinese Foxconn slaves would be required to do assembly on 28,000 ASICs that are all just going to go obsolete in a few months anyway.  It's all so ridiculous at this point.  And this enormous level of Chinese overproduction of goods that exports massive deflation to the rest of the world is obviously not sustainable and will end soon, if not by Trump, then by a million other factors.  

After it's all over with, we'll likely have a long period of history in places like the US where you're unable to source any type of electronics at all without going to a pawn shop and buying it used.  We're practically drowning in Chinese electronics now and things like LED screens last a long time so it probably wouldn't even be that big of a deal.
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May 29, 2019, 11:23:46 AM

Watchtowers will be released in next LN update.

https://github.com/lightningnetwork/lnd/pull/3133
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what is this "brake pedal" you speak of?


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May 29, 2019, 11:29:58 AM
Last edit: May 29, 2019, 12:12:44 PM by vapourminer
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[tulip fund/satoshi stash]

We all knew what we were getting into with bitcoin. Satoshi could come back at any time and dump his entire stash. Most of us have made a calculated bet that this won't happen.

Forking away is not an option. We'd be no better than the cult of Vitalik forking away after getting butthurt about the DAO "hack".

agreed. the real satoshi could come back anytime and use his funds. and any chain that forks or freezes those coins is worthless. the whole point of btc is "your keys your coins," not "your keys, too bad." btc forks and im out. satoshis stash is his. no matter what the outcome.

i do think we all figure (well maybe just me?) his coins, when claimed by the real satoshi, would be used in a responsible manner, to do minimal damage and not for revenge. even if he just spent them on himself. not crash forks he may not like. after all if bch and bsv ( <- substitute your bad guy flavors of bitcoin here) are just forks , why attack them anymore than attacking eth/ltc/whatever. just because  they tried to claim the btc name and vision? so what. they would fail anyway as soon as he move the coins off the satohi wallet(s) addys and says (whatever) chain is the true one he envisioned. anything more is childless revenge.

this was always an experiment that could come crashing down at any moment anyway. i always knew that and still consider it that.

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May 29, 2019, 11:31:46 AM
Merited by xhomerx10 (1), 600watt (1), ivomm (1)

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  You guys really fucked up not buying in the $3ks. You had months to do it.
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May 29, 2019, 11:36:31 AM
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I like how you ignored me with a nice long response full of virtue signaling. Good going smart one. Stupid is to think Japan and its ridiculous money printing hasnt had terrible consequences for the birth rate of the nation. Having all your women in pantsuits and pursuing careers instead of giving birth can be awesome for the economy for a little while, but then demographics kick in and you have a nation of retired old people with no kids.

https://i.imgur.com/2q4jzUx.png

If the blowjob jokes got you butthurt then maybe lighten up a bit, its not that serious.  Wink

You are only showing how little you know about Japan.   It has been insanely hard for most women in Japan to work more than a few years and that is still mostly true.   The declining birthrate isn't from woman working in Japan.   The workplace in Japan is only slowly opening up to women.   While there have always been some career women in Japan, on a percent basis it has been very low.  Most women only work a few years at most and stop as soon as they marry.  

In fact the declining birthrate in Japan shows the failure of sexism in the modern world.

PS. No butthurt here ... the vulgar comments only show extremely low IQs.   
People like you are why I quit Economics and left for places with substance. I can't thank you enough.
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May 29, 2019, 11:41:17 AM


[tulip fund/satoshi stash]

We all knew what we were getting into with bitcoin. Satoshi could come back at any time and dump his entire stash. Most of us have made a calculated bet that this won't happen.

Forking away is not an option. We'd be no better than the cult of Vitalik forking away after getting butthurt about the DAO "hack".

agreed. the real satoshi could come back anytime and use his funds. and any chain that forks or freezes those coins is worthless. the whole point of btc is "your keys your coins," not "your keys, too bad." btc forks and im out. satoshis stash is his. no matter what the outcome.

i do think we all figure (well maybe just me?) his coins, when claimed by the real satoshi, would be used in a responsible manner, to do minimal damage and not for revenge. even if he just spent them on himself. not crash forks he may not like. after all if bch and bsv ( <- substitute your bad guy flavors of bitcoin here) are just forks , why attack them anymore than attacking eth/ltc/whatever. just because  they tried to claim the btc name and vision? so what. they would fail anyway as soon as he move the coins off those addys and says (whatever) chain is the true one. anything more is childless revenge.

this was always an experiment that could come crashing down at any moment anyway. i always knew that and still consider it that.



Maybe just claim his fork coins and dump them both for BTC  Cheesy   


Weeeeeeeeeeee
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May 29, 2019, 11:42:32 AM

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  

He's an Elliott waver.  I feel like I rarely (never?) see people create Elliott wave charts that actually come true that they can link to people after the fact to prove how great they are at charting.  It's usually more along the lines of them constantly, retroactively altering counts to make their chart fit after it's all already happened.  However, I can't imagine there's any 'smart money' looking to back up the truck at $8k, so he's probably right about it dumping.
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May 29, 2019, 11:47:07 AM

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  You guys really fucked up not buying in the $3ks. You had months to do it.


I had a said to JJG on this thread in March 2017, it would hit 3-4k.  it did.  Now im saying this is a typical phase B of the elliot wave, and the volume confirms it.  

The only hope for the bulls is that there is some massive entity buying up as much bitcoin as possible, but seen as it probably is phase B, (low and decreasing volume) it's far more likely the big investors are waiting for a final capitulation towards the end of 2019.  

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May 29, 2019, 11:54:09 AM

In fact the declining birthrate in Japan shows the failure of sexism in the modern world.

All it proves is that R-selection dark skinned people reproduce out of control like rats until resources, space, and everything else is gone and then resort to cannibalism, while K-selection whites and asians self regulate reproduction to not be completely miserable and overflowing with people.  Enormous city population living is not conducive to the human primate environment.  There's no reason birth rates should be high in the first place in that type of environment.  The Japanese don't give a shit about reproducing solely to facilitate some sort of dysfunctional economic model.  Lebensraum - living space.
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May 29, 2019, 12:04:59 PM

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  You guys really fucked up not buying in the $3ks. You had months to do it.
Them and the dweebs who are still waiting since 2013 to buy under $100
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May 29, 2019, 12:06:29 PM

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  You guys really fucked up not buying in the $3ks. You had months to do it.


I had a said to JJG on this thread in March 2017, it would hit 3-4k.  it did.  Now im saying this is a typical phase B of the elliot wave, and the volume confirms it.  

The only hope for the bulls is that there is some massive entity buying up as much bitcoin as possible, but seen as it probably is phase B, (low and decreasing volume) it's far more likely the big investors are waiting for a final capitulation towards the end of 2019.  


Nah this isn't going to pan out, the markets too strong, there will be a small dip to the 6's but that's about as low as it goes.
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May 29, 2019, 12:10:55 PM

it's far more likely the big investors are waiting for a final capitulation towards the end of 2019.  

Yes, correct every Joe Blow and his dog Bow Wow are waiting for the final capitulation dip of 2019.

Now stop and think about the consequences of that. 

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May 29, 2019, 12:10:57 PM

In the many worlds quantum interpretation, there's a world in which JayJuanGee touches a doorknob and the atoms rearrange themselves into physical bitcoins and fall to the ground....and then happens again to every other doorknob he touches for the rest of his life...which is why the many worlds interpretation is completely idiotic.
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May 29, 2019, 12:15:04 PM

The tulip trust may or may not be real, but I'm pretty sure no one has the private keys to the 1 million bitcoins held by the original Satoshi. No one else but the real Satoshi anyway.

Legal entities don't protect bitcoins if any human has access to the private keys to be able to spend them.
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May 29, 2019, 12:18:02 PM

Today I looked up the price of a BCH. I feel dirty.
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May 29, 2019, 12:18:26 PM

It's going to dump slow but steady soon ending at $2500 before the year is out imho.

The retarded FUD flying around at the moment is hilarious.  

He's an Elliott waver.  I feel like I rarely (never?) see people create Elliott wave charts that actually come true that they can link to people after the fact to prove how great they are at charting.  It's usually more along the lines of them constantly, retroactively altering counts to make their chart fit after it's all already happened.  However, I can't imagine there's any 'smart money' looking to back up the truck at $8k, so he's probably right about it dumping.




They all look a bit wavey to me.
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what is this "brake pedal" you speak of?


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May 29, 2019, 12:19:28 PM

i do think we all figure (well maybe just me?) his coins, when claimed by the real satoshi, would be used in a responsible manner, to do minimal damage and not for revenge. even if he just spent them on himself. not crash forks he may not like. after all if bch and bsv ( <- substitute your bad guy flavors of bitcoin here) are just forks , why attack them anymore than attacking eth/ltc/whatever. just because  they tried to claim the btc name and vision? so what. they would fail anyway as soon as he move the coins off those addys and says (whatever) chain is the true one. anything more is childless revenge.

this was always an experiment that could come crashing down at any moment anyway. i always knew that and still consider it that.

Maybe just claim his fork coins and dump them both for BTC  Cheesy    

Weeeeeeeeeeee

if i were satoshi (ALL BOW BEFORE THE MIGHTY VAPOURMINER... err i mean SATOSHI) i would dump the alts and donate them to charities/research/foundations. many of the real bitcoin stash too. i mean satoshi really needs more than a million coins to be happy? jeez and i thought I was being greedy with my pitiful aspirations..
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