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Question: When will we see a new ATH?
2023 - 36 (25.2%)
2024 - 55 (38.5%)
2025 - 39 (27.3%)
2026 - 3 (2.1%)
2027 - 2 (1.4%)
After 2027 - 3 (2.1%)
Never - 5 (3.5%)
Total Voters: 143

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25990167 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. (170 posts by 5 users with 9 merit deleted.)
realr0ach
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August 05, 2019, 03:13:37 PM

It really seems all the right wing extremist news sites are funded by Bitcoin.

I noticed you dropped this while walking down the street so I thought I would return it to you.

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Lambie Slayer
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August 05, 2019, 03:15:27 PM

Stockboyz getting rekt all over the globe today.

Wonder if Hong Kong riots might be the black swan we have been waiting for. Instability is always China's biggest fear.

Always fun watching Bitcoin hostile countries have a bad day.
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August 05, 2019, 03:18:01 PM

I'm expecting a bit of sideways this week.

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August 05, 2019, 03:29:31 PM

Good read, some typical careful boilerplate type of answers but Carol Goforth's response is hilariously DGAF.
https://cointelegraph.com/news/why-is-the-us-not-yet-a-leader-in-crypto-regulation-experts-answer

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August 05, 2019, 03:30:04 PM

You should still act like an angry cunt to him, if that is how you really feel.

I wouldn't expect any different.

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You know that some of your last posts were a bit outrageous towards him in terms of criticizing certain decent points that he was making, but whatever, maybe jbreher just loves abuse?

Naaah. The opportunity to metaphorically piss all over nutildah was darned near irresistible.

Plus, a dedicated WO participant should not be bereft of sMerits, regardless of upbringing.

Hmm... maybe I am getting soft. I ignored the obvious opportunity to castigate elementary english errors:

Quote from: nutildah

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August 05, 2019, 03:31:00 PM
Merited by JayJuanGee (1)


The stockmarket had a 10 year bullrun. Time for a nice healthy correction. Last correction happend in 2008 and 2000.

Shit will hit the fan again.

And all that money will pour into btc as an uncorrelated asset.

A new recession will be the true test of bitcoin's market resilience. It will also determine what % of the market cap is currently propped up by Wall Street. As bitcoin is the highest risk of the high risk investment class (actually altcoins are the very highest), a recession will see a sell-off of institution-owned BTC.

If BTC can then establish itself as a "safe haven" investment after the outflow of institutional money, then yeah, sky's the limit.
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August 05, 2019, 03:31:59 PM

Off topic:

I tried the Impossible Whopper today at BK. You know the one with beyond meat. It tasted like shit.  Angry

Sorry cows, but we arent gonna stop eating you anytime soon.

I worship no god but our Lord and Savior King BTCitcoin, but I will note in the Bible that as soon as Jesus was resurrected and reunited with his homies the desciples, he had one thing on his mind.....

King James Bible
"And while they yet believed not for joy, and wondered, he said unto them, Have ye here any meat?"
realr0ach
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August 05, 2019, 03:36:20 PM

A new recession will be the true test of bitcoin's market resilience. It will also determine what % of the market cap is currently propped up by Wall Street. As bitcoin is the highest risk of the high risk investment class

Shitildah accidentally admitted that Bitcoin is a pump and dump scam and measures up horribly against anything on Exter's pyramid like silver and gold.
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August 05, 2019, 03:38:28 PM

selling off of the alt coins keeping bitcoin high for now.

How do you figure that? BTC largely traded in USD, you think those markets are just going to sit there and not move because someone shitcoin lost a bit of value  Roll Eyes
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August 05, 2019, 03:40:03 PM

... I don't see any reason for this week $3000+ pump Roll Eyes

My money's on the Yuan devaluation.

Well, not my money. My money does not react to transient circumstances. But I think there is a good chance that the Yuan devaluation has something to do with the price bump. Something something Chinese punters' savings worth less something something Chinese punters getting scared about loss of savings something something Chinese punters look for stronger asset to hold value something something Chinese punters buy Bitcoin.
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August 05, 2019, 03:41:01 PM


The stockmarket had a 10 year bullrun. Time for a nice healthy correction. Last correction happend in 2008 and 2000.

Shit will hit the fan again.

And all that money will pour into btc as an uncorrelated asset.

A new recession will be the true test of bitcoin's market resilience. It will also determine what % of the market cap is currently propped up by Wall Street. As bitcoin is the highest risk of the high risk investment class (actually altcoins are the very highest), a recession will see a sell-off of institution-owned BTC.

If BTC can then establish itself as a "safe haven" investment after the outflow of institutional money, then yeah, sky's the limit.

Good points. Stock boyz do own some coins, but the question is how much. Ive never held too much belief that Wall Street ever bought all that many coins but a recession will certainly put it to the test. Hopefully the halvening would counteract any potential Wall Street dumping of coins in a major stock bear market.
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August 05, 2019, 03:42:32 PM

I have noticed a new trend : No one is calling Bitcoin a bubble any more.

Are you kidding? Nouriel mumbles it in his sleep. Hit him up if you need a fix.

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May be people are getting to believe that no price is impossible to achieve with Bitcoin and cryptocurrency. Price can go as high as $50,000 even before the end of this year. This is also possible.

Well, there is that.
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August 05, 2019, 03:44:59 PM

Are my eyes deceiving me bitcoin did a hard pump last night. $11,700 seems alot closer to the $12,000 we had a month ago. Shocked
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August 05, 2019, 03:45:36 PM
Merited by WastedLTC (1)

Observing top holder Coinbase buy/sell ratios:
btc: 33/67
eth: 35/65
ltc: 29/71

I have no idea what that even means.
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August 05, 2019, 03:46:58 PM

Stock boyz do own some coins, but the question is how much. Ive never held too much belief that Wall Street ever bought all that many coins but a recession will certainly put it to the test.

You would be wrong.  Everyone and their mom at Goldman Sachs was in this market in 2014.  I talked to an avalanche of them myself.  They were all asking me questions out the wazoo.  When Goldman Sachs was attempting to take over Poloniex, I always thought it might have something to do with covering up the tracks of their Eth + Ripple manipulation (upwards).
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August 05, 2019, 03:48:00 PM

Recession Party (recent ath's in stocks) explained by milf.

https://www.cnbc.com/video/2019/06/20/dimartino-booth-were-having-a-recession-party.html
Cryptotourist
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August 05, 2019, 03:48:48 PM

I'd like to contribute to this wonderful encyclopaedia of HODL  Grin

  • You easily identify beatrolls and you are immune to their FUD and BS.


Some contribution there buddy. Roll Eyes
Immune is good. Lying isn't.

Keep calm & have a beat-roll. Tongue
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August 05, 2019, 03:52:10 PM
Merited by mindrust (1)

Here's a neat chart I saw comparing the Yuan devaluation to BTCUSD


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August 05, 2019, 03:53:24 PM

Stock boyz do own some coins, but the question is how much. Ive never held too much belief that Wall Street ever bought all that many coins but a recession will certainly put it to the test.

You would be wrong.  Everyone and their mom at Goldman Sachs was in this market in 2014.  I talked to an avalanche of them myself.  They were all asking me questions out the wazoo.

Yes, its a mystery. Maybe the Wall Street bonus memes were real.

Time will tell. I suspect it was more the workers themselves investing with small personal funds rather than the institutions themselves actually investing in most cases. This would explain all the questions you got from banker friends and family at your Bar Mitzvah  Wink
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August 05, 2019, 03:58:55 PM

https://www.zerohedge.com/news/2019-08-04/snyder-china-extremely-angry-and-now-considers-united-states-be-enemy-1

I know they have Chinese state spies reading this forum.  If you really want to drop the hammer on the US, you only have to do one thing:  announce on Chinese state-run television that American media, banks, and govt are all fully controlled by Jews.

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