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Question: Is this the last time we see sub-$10K?
Yes - 37 (45.1%)
No - 45 (54.9%)
Total Voters: 82

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21529387 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. (142 posts by 32 users deleted.)
yefi
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November 02, 2019, 07:16:50 PM

Lots of peeps do it. It's not that hard to do. One could simply bounce it from one country to another, set up a business, and a bunch of other things. You don't need to be a billionaire to do it.

If you decide to put your fiat money in the system, it's already clean by then, and if you put it to work earning dividends, then you are paying taxes on that income, the government will likely not go after you. They have bigger fish to fry.

The guys revealed in the Panama Papers thought it wasn't that hard either. I'd just declare it and pay tax, especially if you reside in a country where the burden of proof is on you to discharge the tax authority's accusations *cough, Blighty*.
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realr0ach
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November 02, 2019, 08:24:15 PM

Reported racist bitch.

Oh dear, good sir.  It seems you might be confused, for the concept of a nation is nothing more than an ethnocentric majority of common culture and bloodline.  Without such, a nation does not exist.  And if a nation does not exist, there can be no governing body.  And if a governing body was present - since the nation is composed of an ethnocentric majority - how could it be possible to be racist against oneself?  Alas, your "666" username denoting worship of the devil could be found to be highly offensive to younger viewers and might need to be reported to the authorities.
Dabs
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November 02, 2019, 08:33:18 PM

Lots of peeps do it. It's not that hard to do. One could simply bounce it from one country to another, set up a business, and a bunch of other things. You don't need to be a billionaire to do it.

If you decide to put your fiat money in the system, it's already clean by then, and if you put it to work earning dividends, then you are paying taxes on that income, the government will likely not go after you. They have bigger fish to fry.

The guys revealed in the Panama Papers thought it wasn't that hard either. I'd just declare it and pay tax, especially if you reside in a country where the burden of proof is on you to discharge the tax authority's accusations *cough, Blighty*.

Those guys in the Panama Papers did it wrong. Most or all of them outsourced the job, they should have done it themselves. Anyway, maybe there's a big difference between $10m and $100m (aside from the obvious $90m) in the way it's handled.

If I had ten thousand bitcoins and then joined a few ICOs (and got another ten thousand ETH and assorted alts) and cashed them all out at the top (an almost impossible feat), I'd have difficulty cashing out the limits daily from all the exchanges I know today, so that would be a problem. A nice one. But still a problem.
El duderino_
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November 02, 2019, 08:43:59 PM

@r0ach but they both are PUMP and HODLers.......
btcanonymous666
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November 02, 2019, 08:45:26 PM

Reported racist bitch.

Oh dear, good sir.  It seems you might be confused, for the concept of a nation is nothing more than an ethnocentric majority of common culture and bloodline.  Without such, a nation does not exist.  And if a nation does not exist, there can be no governing body.  And if a governing body was present - since the nation is composed of an ethnocentric majority - how could it be possible to be racist against oneself?  Alas, your "666" username denoting worship of the devil could be found to be highly offensive to younger viewers and might need to be reported to the authorities.

So "younger viewers" be like oh it's 666, let's worship satan after they see my account name? Lol. Do it then, racist bish. You talk too much but cannot see one single one that can be educative for people. Keep talking shit and share racist memes.

Anyway, your post got deleted. End of story.
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November 02, 2019, 09:34:41 PM
Last edit: November 02, 2019, 10:10:44 PM by Biodom

I looked at the bunch of charts this afternoon and PlanB/digitalik one's continue to impress.
The question is: if this is basically a co-integrated chart where btc is almost pre-destined to go to about 55-100K after this halving, then when to expect the rally?
Last time we were lagging in June/July 2016 at $500-700/btc when "theoretical" value jumped to about $4K.
It probably represented the best entry point as far as short term risk/reward ratio looking backwards a few years.
However, since now these charts were wildly circulated, one can expect a run that might peak actually at the halving or shortly thereafter, like in Nov-Dec 2020 instead of Nov-Dec 2021?
Hoping that price stays flat and there would be some instrument to buy btc in the retirement account. Don't want to "invest" in anything else there at the moment.
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November 02, 2019, 09:34:56 PM

End of story.

Nope.
As long as r0ach's posts gets quoted and replied to, the story continues  Roll Eyes
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November 02, 2019, 09:39:46 PM

Theymos updated DT lists,
Fillippone re-joins.
LFC_Bitcoin re-leaves!

https://bitcointalk.org/index.php?topic=5095156.msg52961046#msg52961046

Ahhhh, another month off  Cheesy
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November 02, 2019, 09:44:05 PM

Remember when the goal was to get 21BTC, which surely would put any of those folks who had been able to HODL onto that amount as being in a very decent position at $100k per coin, and now there are a lot of meme-ing around the random 6.15BTC goal, which seems to rely on BTC going much higher than $100k per coin in order to really be comfortable.

I guess that part of my point is that amount of BTC goals are going down and down and down.  Of course, we have those who are either with a mediocre budget or are just getting in striving to get to 1BTC and more.  There have surely been some of those folks participating in this thread.  At some point, we are going to have peeps aspiring to get 1 million satoshis... or whatever other reasonable amount becomes our new deflationary goalpost point.

Oh man, how I love this post!
Thanks JJG!
Last of the V8s
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November 02, 2019, 10:10:51 PM
Merited by El duderino_ (2)

Ahhhh, another month off  Cheesy


No. No lazy-bones. We must all pull together to get rid of filthy fiat.

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November 02, 2019, 10:19:02 PM

Remember when the goal was to get 21BTC, which surely would put any of those folks who had been able to HODL onto that amount as being in a very decent position at $100k per coin, and now there are a lot of meme-ing around the random 6.15BTC goal, which seems to rely on BTC going much higher than $100k per coin in order to really be comfortable.

I guess that part of my point is that amount of BTC goals are going down and down and down.  Of course, we have those who are either with a mediocre budget or are just getting in striving to get to 1BTC and more.  There have surely been some of those folks participating in this thread.  At some point, we are going to have peeps aspiring to get 1 million satoshis... or whatever other reasonable amount becomes our new deflationary goalpost point.

Oh man, how I love this post!
Thanks JJG!

That's a moving target. I just looked at official inflation numbers and it is a woozy.
Basically, dollar lost about 50% in relative value since 30 years ago, therefore, to be "comfortable" in the future you need to take this into consideration, but it is very difficult to do since, historically, forward inflation values were not very predictable.
Last of the V8s
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November 02, 2019, 10:20:11 PM
Last edit: November 03, 2019, 12:50:57 AM by Last of the V8s

Quote
Does instant messaging over Lightning have killer application potential? The world needs censorship-resistant chatting and with Lightning, compensating the network for message relay comes naturally.
https://twitter.com/joostjgr/status/1190714028626251779
Quote
End-to-end encrypted, onion-routed, censorship-resistant, peer-to-peer instant messaging over Lightning
https://github.com/joostjager/whatsat
mother of fuck that's clever

Quote
A Lightning payment delivers the message, but no actual money is paid. Because the sender uses a random payment hash, the receiver is not able to settle the payment. The failure message that is returned to the sender serves as a delivery confirmation.

should have to pay though, to avoid spam, but still

edit: not so sure now. what you think? data leaks? just plain spam? time will tell.
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November 02, 2019, 10:48:08 PM
Merited by Icygreen (1)

OK, i'd need some opinions on this prototype piece i experimentally fucked up, taking hours and days to take it this far.
Now i have got a last piece of ebony left, which will serve for the production blank, where all flaws of the protype should be eradicated.
This will serve the purpose of being a card protector for future texas hold'em games.



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November 02, 2019, 10:54:14 PM

Reported racist bitch.

Oh dear, good sir.  It seems you might be confused, for the concept of a nation is nothing more than an ethnocentric majority of common culture and bloodline.  Without such, a nation does not exist.  And if a nation does not exist, there can be no governing body.  And if a governing body was present - since the nation is composed of an ethnocentric majority - how could it be possible to be racist against oneself?  Alas, your "666" username denoting worship of the devil could be found to be highly offensive to younger viewers and might need to be reported to the authorities.

So "younger viewers" be like oh it's 666, let's worship satan after they see my account name? Lol. Do it then, racist bish. You talk too much but cannot see one single one that can be educative for people. Keep talking shit and share racist memes.

Even though this man worships the devil, he is clearly an upstanding citizen.  Ibian, I beg you, do not call this man a nigger.
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November 02, 2019, 10:58:44 PM

anyone post this stunning news yet?  22 hrs ago:

https://cointelegraph.com/news/french-high-school-students-will-learn-about-bitcoin-and-crypto

The ministry further provides teachers with three educational explainer videos that address questions such as “Is Bitcoin the currency of the future?”, “Can Bitcoin replace the Euro?” and “Do you have trust in your currency?”

According to the ministry’s outline, students will be required to compare Bitcoin with fiat currencies, which will eventually lead to basic knowledge about Bitcoin, cryptocurrencies and their role in the traditional financial world.
----
France is seeing a surge in cryptocurrency adoption with the French crypto startup Keplerk relaunching its service at the beginning of October to accept BTC payments in over 5,200 tobacco shops in France.

In late September, over 25,000 points-of-sale of 30 French retailers including sportswear giant Decathlon and cosmetics store Sephora announced that they will start accepting Bitcoin payments by early 2020.
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November 02, 2019, 11:02:29 PM

anyone post this stunning news yet?  22 hrs ago:

https://cointelegraph.com/news/french-high-school-students-will-learn-about-bitcoin-and-crypto

The ministry further provides teachers with three educational explainer videos that address questions such as “Is Bitcoin the currency of the future?”, “Can Bitcoin replace the Euro?” and “Do you have trust in your currency?”

According to the ministry’s outline, students will be required to compare Bitcoin with fiat currencies, which will eventually lead to basic knowledge about Bitcoin, cryptocurrencies and their role in the traditional financial world.

So you're saying one of the most crooked 1st world governments on earth run by Rothschild puppet Macron is attempting to forcibly indoctrinate children into using cashless society slavery system tokens, just like the communist government of China is, where everything they do is tracked and monitored in real-time like cattle?
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November 02, 2019, 11:05:03 PM

I looked at the bunch of charts this afternoon and PlanB/digitalik one's continue to impress.
The question is: if this is basically a co-integrated chart where btc is almost pre-destined to go to about 55-100K after this halving, then when to expect the rally?
Last time we were lagging in June/July 2016 at $500-700/btc when "theoretical" value jumped to about $4K.
It probably represented the best entry point as far as short term risk/reward ratio looking backwards a few years.
However, since now these charts were wildly circulated, one can expect a run that might peak actually at the halving or shortly thereafter, like in Nov-Dec 2020 instead of Nov-Dec 2021?
Hoping that price stays flat and there would be some instrument to buy btc in the retirement account. Don't want to "invest" in anything else there at the moment.
If blow-off tops continue the phase relationship established with the last two halving cycles. then we're looking at late 2021.
See my post, "secular and cyclic model with forecast"
https://bitcointalk.org/index.php?topic=5198154.msg52962479#msg52962479
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November 02, 2019, 11:07:07 PM


Holy fuck....  ~Money~  If you have been around Bitcoin since May 2013, and you still do not have one bitcoin, then you are likely to be fucked if we reach $100k, and if you currently do not have 1 BTC and you been around BTC for more than 6 years, I doubt that you are going to have 1BTC by the time that we reach $100k.  In other words, .... alright.. I won't say it... I am going to hold back the BIG meanie, at least temporarily.   Wink Wink

not that i had not earned or mined,  Grin Grin
i had mostly lost them, in wallets, exchanges, trusting (so called) friends,

I registered here in February 2014, but I had gotten into bitcoin in late November 2013 (right at the peak of that particular exponential growth period).  You registered here about 9 months before me, and BTC prices were nearly 80% less expensive when i got started in BTC.

Sure I looked at the then charts, and I did not go all into BTC at the top, I just started to invest at that time and continued to study BTC and to invest in it.

I lost a good number of BTC through various avenues, too, and not really much different from the ones that you listed, but I still have more than 60% of my BTC stash (at it's high point).  I know that none of us want to be scammed out of coins, but what I am also trying to say is that there's gotta be both learning and also some attempts to stash away some of the coins, no?  In such a way to accumulate some BTC in the end of the day.  Right?

investing in other things (cant name them here  Cheesy)


You are talking about getting distracted by shitcoins, probably, no?

Shitcoins should only occupy a very small percentage of any prudent BTC investor's total crypto portfolio value.  I personally say less than 5%, yet I am somewhat tolerant of guys (or gal) who might choose to invest up to 20% because that level of extra risk taking is their choice.

currently i own a little, but if it reaches 100k, in next 20 month, i will be damned,

There seem to be pretty decent odds to that BTC could go to $100k in the next 12 to 26 months

but after that i think i will own few btc and wont have any problem with 100k  Grin
Why are you saying that?  Are you changing some of your practices in regards to BTC or are you just expecting to have more cashflow after 20 months or so?
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November 02, 2019, 11:30:53 PM

Quote
Call me a skeptic, but seems a bit overly bearish to suggest that bitcoin is not going to break above old ATH until October 2024-ish.

Thats bullish not bearish, because 2024 is a fair way into the next decade and we are speculating that Bitcoin will be turning over doing well and we know the situation with FIAT is that they degrade vs the long term debt obligations made.    It will break that ATH and likely have the momentum to make a much higher one after that much time and settle after any profit taking above that previous ATH.
  It could also be taken as a positive as leaving a wider population of people multiple years to accumulate, get involved for the long term while noticing that BTC isnt going away making its longevity a continuing reason to hold it.    Achieving 20k by xmas on the other hand represents volatility and uncertainty because even if its a higher price it was massively unexpected by most, going that far that fast shows imbalance is there in an uncontrollable way almost.
  Far more people will drop BTC for a quick profit if its 20k by xmas or any short time, the alternatives will still be attractive and seemingly viable.   By 2024 with a strong BTC it will be in sharp contrast to people having lost alot of value in FIAT and there will be even less motivation to hold that certain ongoing loss.   I'll take the situation where BTC is a long term positive in the world for sure any day.

BTC is positive above 200 day average for the weekend but with maybe 9500 part of some triangle formation I dont think its moving much at the moment.
Icygreen
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November 02, 2019, 11:44:55 PM

OK, i'd need some opinions on this prototype piece i experimentally fucked up, taking hours and days to take it this far.
Now i have got a last piece of ebony left, which will serve for the production blank, where all flaws of the protype should be eradicated.
This will serve the purpose of being a card protector for future texas hold'em games.





Looks very interesting. Is this carved in ebony by machine (CNC or laser) or by hand? 
Is you're criticism that the logo is not centered on the wood?  Maybe run another try on the back side?
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