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Question: Is this the last time we see sub-$10K?
Yes - 33 (45.2%)
No - 40 (54.8%)
Total Voters: 73

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21529063 times)
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cAPSLOCK
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UNLEASH THE FURY!


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November 19, 2019, 12:57:53 AM

Normally I feel no need to issue a "no homo" disclaimer...  but this card got me right, and maybe I should!

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cAPSLOCK
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November 19, 2019, 01:06:08 AM
Merited by Bitcoinaire (1)

Not that BTC needs any reason to dip but this is as good as any.
Quote
Mimblewimble’s privacy is fundamentally flawed. Using only $60/week of AWS spend, I was able to uncover the exact addresses of senders and recipients for 96% Grin transactions in real time.
The problem is inherent to Mimblewimble, and I don’t believe there’s a way to fix it. This means Mimblewimble should no longer be considered a viable alternative to Zcash or Monero when it comes to privacy.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

TL no link clicky, Mimblewimble is supposedly dead  Cry



Well first of all I own NO Grin or other MW coin.  The only alt i DO own in any sigificance is Monero, so there's the disclaimer...

But how many times have we heard about a cryptocurrency being toast?  I tend to take these things with a grain of salt.  On the other hand MW is a very experimental tech, and we should not be suprised when this sort of thing fails.

But why would this relative unknown coin be a reason for BTC to dip?

(one more thing...  I am always amazed anyone would give any creedence to Zcash at all... the founders reward is reason #1 to shun it, and opt in privacy is not really privacy).
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November 19, 2019, 01:16:46 AM
Merited by Icygreen (1)

Not that BTC needs any reason to dip but this is as good as any.
Quote
Mimblewimble’s privacy is fundamentally flawed. Using only $60/week of AWS spend, I was able to uncover the exact addresses of senders and recipients for 96% Grin transactions in real time.
The problem is inherent to Mimblewimble, and I don’t believe there’s a way to fix it. This means Mimblewimble should no longer be considered a viable alternative to Zcash or Monero when it comes to privacy.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

TL no link clicky, Mimblewimble is supposedly dead  Cry
Well first of all I own NO Grin or other MW coin.  The only alt i DO own in any sigificance is Monero, so there's the disclaimer...

But how many times have we heard about a cryptocurrency being toast?  I tend to take these things with a grain of salt.  On the other hand MW is a very experimental tech, and we should not be suprised when this sort of thing fails.

But why would this relative unknown coin be a reason for BTC to dip?

(one more thing...  I am always amazed anyone would give any creedence to Zcash at all... the founders reward is reason #1 to shun it, and opt in privacy is not really privacy).
Never really trusted grin and mimblewimble so doesnt make much difference to most and shouldnt to the btc price.
There is something called snicker which is interesting if you would like privacy on the side of bitcoin in the morning with your breakfast. Grin
https://bitcointalk.org/index.php?topic=5201602.msg53095384#msg53095384
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November 19, 2019, 01:23:17 AM
Merited by Hueristic (1)

Not that BTC needs any reason to dip but this is as good as any.
Quote
Mimblewimble’s privacy is fundamentally flawed. Using only $60/week of AWS spend, I was able to uncover the exact addresses of senders and recipients for 96% Grin transactions in real time.
The problem is inherent to Mimblewimble, and I don’t believe there’s a way to fix it. This means Mimblewimble should no longer be considered a viable alternative to Zcash or Monero when it comes to privacy.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

TL no link clicky, Mimblewimble is supposedly dead  Cry



Well first of all I own NO Grin or other MW coin.  The only alt i DO own in any sigificance is Monero, so there's the disclaimer...

But how many times have we heard about a cryptocurrency being toast?  I tend to take these things with a grain of salt.  On the other hand MW is a very experimental tech, and we should not be suprised when this sort of thing fails.

But why would this relative unknown coin be a reason for BTC to dip?

(one more thing...  I am always amazed anyone would give any creedence to Zcash at all... the founders reward is reason #1 to shun it, and opt in privacy is not really privacy).

The fact that the founders have no way to prove they destroyed the initialization keys and therefore could have printed/be printing/will print infinite ZCash without anyone  being the wiser is the #1 reason it has no value.

Founders reward is #2
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what is this "brake pedal" you speak of?


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November 19, 2019, 01:33:53 AM



Here's mine if you guys want a rare lurker card.

Damn a quiet lurker with JJG as a BFF

There has got(s) to be some forum members with me as their BFF, even if they don't want it.  It's inevitable and in the algorithm that was created by webtricks, and cannot be avoided - even when some guys and gal might employ tactics to avoid me as their BFF by trying to irritate / annoy me...

errr...



so, this is a contest to see who can lose you as our cards bff 1st then.

... and we win it by annoying you ?? im in!

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November 19, 2019, 01:39:41 AM
Merited by vapourminer (1)



Here's mine if you guys want a rare lurker card.

Damn a quiet lurker with JJG as a BFF

There has got(s) to be some forum members with me as their BFF, even if they don't want it.  It's inevitable and in the algorithm that was created by webtricks, and cannot be avoided - even when some guys and gal might employ tactics to avoid me as their BFF by trying to irritate / annoy me...

errr...



so, this is a contest to see who can lose JJG as our cards bff 1st then.

... and we win it by annoying JJG ?? im in!

hahahahahaha

I am saying  that people try, and  people have tried, and you are people who have tried.  I know.  Largely, I remember.

You see.  It did not work.   Tongue Tongue Tongue

Of course, you can try harder.  I am not going to try to stop you from trying harder, yet just like with bitcoin, no guarantees.  Past performance does not guarantee future results.   Wink
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November 19, 2019, 01:40:58 AM



This scenario could work or not? I like it  Grin
Is it possible that it goes down?


OR the bearish scenario

https://www.tradingview.com/chart/BTCUSD/gZVAxiBa-BITCOIN-price-Prediction-in-2020-Year-BTC-in-Big-Channel/
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November 19, 2019, 01:52:03 AM

Not that BTC needs any reason to dip but this is as good as any.
Quote
Mimblewimble’s privacy is fundamentally flawed. Using only $60/week of AWS spend, I was able to uncover the exact addresses of senders and recipients for 96% Grin transactions in real time.
The problem is inherent to Mimblewimble, and I don’t believe there’s a way to fix it. This means Mimblewimble should no longer be considered a viable alternative to Zcash or Monero when it comes to privacy.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

TL no link clicky, Mimblewimble is supposedly dead  Cry

Good thing that Mimblewimble and BTC are not the same thing.  In other words, fuck that shit coin.   Tongue Tongue
As I understand, mimblewinble is not a coin but privacy developments which were interesting as it related to Bitcoin's development and likely to be on a prudent speculator's radar no?  Especially considering Bitcoin's privacy design?  

Edit: Thanks for the link @rdbase  snicker, mimblewimble.  Bunch of candy bar eating nerds making these up?  Grin
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November 19, 2019, 02:31:11 AM

Hey Homer, will you be making a hat for the art entry?  

^ + 1000!

Yeah, homer caps have been probably the single most important artistic action in BTCT ever! It has even transpired off WO frontiers to many other members not regular here.

Homer should make an entry for sure!

I wanted to make an art design with the hat gallery, but...
WO hats are part of Bitcointalk, if the hat gallery can help you, it's at your disposal.
Go ahead xhomerx10 will surprise us. Wink

 Thank you guys, I appreciate the praise and the encouragement.  I've been rather busy lately though and I'm not sure I'll have the time to make something hat-related before the contest deadline.  I'm waiting for some inspiration from the muses but lately, I've only been visited by Melpomene.  Undecided
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November 19, 2019, 02:56:06 AM

lately, I've only been visited by Melpomene. 



sorry to hear that Homer, nothing serious I hope
LUCKMCFLY
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November 19, 2019, 02:56:39 AM

In cases of economic turbulence, it is better to choose Bitcoin, some investors are already doing it intelligently, some keeping discretion.

Quote
“If you’ve got to move fast, uncertainty means Bitcoin. I mean, gold, you can’t really carry much of it, it’s hard to store, it’s quite difficult to buy. You can’t just go, I’ll have some of that gold. It’s much easier to buy Bitcoin, and move Bitcoin, and protect Bitcoin than gold. So gold is at a bit of a disadvantage. And it’s old usage as the flight capital of choice is being eroded.”

and:

Quote
“I think Bitcoin could easily go to twenty thousand. I’m expecting it to go to fifty, I’ll be very happy if it were to go to one hundred thousand. And the one million dollar Bitcon number is purely what you get if every Satoshi is worth a dollar, no, sorry, a cent. Let me get that right. So that’s just a mathematical number,” he bullishly noted.


Via YouTube: https://www.youtube.com/watch?time_continue=119&v=g5w2wiuAIA4&feature=emb_logo

Source: https://www.newsbtc.com/2019/11/18/analyst-bitcoin-price-can-reach-50k-on-macroeconomic-uncertainty/

What do you believe is the date of that interview, LUCKMCFLY, or anyone else?

I know that the linked article is from today, and the download of the video is just a few days ago, but based on the content, it seems that Clem Chambers was describing $6k as an upwards price point for BTC (rather than downwards), which would imply that the interview was in early 2019 - before BTC had broken back above $6k, and maybe even before April 1, 2019.  Unless, he was suggesting $6k as a kind of BTC buying opportunity, and that is why he was suggesting $6k as if it were a positive BTC development?

Yes, it is out of context with the reality of the price now and in fact, it refers to $ 6k, although I associated it at the time that Bitcoin began to grow from $ 6k quickly (But I forgot the detail that could have been possibly before of April 1) .Thanks for the clarification JayJuanGee .. Possibly the article seemed relevant to those statements of the interview to show the growth it had from that moment until now.
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November 19, 2019, 03:13:13 AM

lately, I've only been visited by Melpomene. 



sorry to hear that Homer, nothing serious I hope

 Nah, I'm good.  I just need some time off work Smiley
 
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November 19, 2019, 03:46:52 AM
Last edit: November 19, 2019, 04:49:10 AM by Hueristic


I'm, not sure you got the joke but i'm quite sure your incapable of hurting my feelings. Wink




Too bad that his writing is often hard to follow.

But coining the term ‘IYI’ (Intellectual Yet Idiot) is priceless  Grin

Ooohh, I havn't heard this one but I like. Smiley

Relaying a final message:

Quote from: Freddy Krueger
I also added a link to my estimates on McAfee’s Dick Math. $1 million in 2020 seems likely, but most of us will never be able to avail of it because of numerous plans underway to fleece the loyal Bitcoin maximalists and burn their fingertips up to their armpits.


Money quote: “Bitcoin is about to shock the hell out of everyone”  Roll Eyes

PM'd  you need to fix this quote. BTW, THX 1138 has been ignored forever FYI. If Shelby wants us to read his shit then he can follow the fucking rules.
infofront
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November 19, 2019, 03:47:37 AM

JayJuanGee
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November 19, 2019, 04:00:21 AM

Not that BTC needs any reason to dip but this is as good as any.
Quote
Mimblewimble’s privacy is fundamentally flawed. Using only $60/week of AWS spend, I was able to uncover the exact addresses of senders and recipients for 96% Grin transactions in real time.
The problem is inherent to Mimblewimble, and I don’t believe there’s a way to fix it. This means Mimblewimble should no longer be considered a viable alternative to Zcash or Monero when it comes to privacy.

https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

TL no link clicky, Mimblewimble is supposedly dead  Cry

Good thing that Mimblewimble and BTC are not the same thing.  In other words, fuck that shit coin.   Tongue Tongue
As I understand, mimblewinble is not a coin but privacy developments which were interesting as it related to Bitcoin's development and likely to be on a prudent speculator's radar no?  Especially considering Bitcoin's privacy design?  

Edit: Thanks for the link @rdbase  snicker, mimblewimble.  Bunch of candy bar eating nerds making these up?  Grin

Maybe mimblewimble will have some technologies that fold into bitcoin?  There are also privacy developments that seem to exist through lightning network, Schnoor signatures and taproot, to my understanding. 

I do recall some tokens being issued related to mimblewimble, grin which had been a change of plans, when originally they were going to build on bitcoin, they later decided to create and launch some tokens.

So yeah, I am not sure how "prudently" connected are such projects, and of course, we are going to expect some failures and challenges regarding a variety of these efforts which should cause us to be satisified that they are sufficiently separated from bitcoin, at least currently.
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November 19, 2019, 04:02:20 AM

There's a lot of Ethereum tards posting on Twitter now claiming that money is "a social construct".  Yea...no.  If you claim money is a social construct, all you're doing is promoting the legitimacy of things like the Jewish Federal Reserve note.  Money is not a social construct.  Currencies are a social construct, but not money, which is required to be a physical commodity resource.  Resources are not social constructs.  They achieve value through merit of their own usefulness and not just opinion or deception.

Currencies are worthless confidence game scams (Ethereum, Federal Reserve note, Bitcoin) which seek to achieve relevance through this 'social construct' side channel attack.  The attack occasionally works temporarily, but always implodes back to zero on a long enough timeline.  In a tri-metal system of gold, silver, and copper in the present day, free of manipulation and deception, it's possible, or even probable, the market caps of silver and copper might evolve to be higher than that of gold due to offering higher utility as resources.

In the old days, a similar effect seemed to happen with silver constantly encroaching upon gold's value until it was manipulated back down.  For instance, silver had higher liquidity than gold because it was used more in day to day use, and since it's easier to buy a loaf of bread with smaller denomination silver than large denomination gold, silver actually had more utility in this manner.  If you bring an ounce of gold to the baker and he can't make change, it's utility is effectively zero.  Fast forward to today and there are now several workarounds to the divisbility issue, but both silver and copper's intrinsic commodity usefulness has blown way past gold, so it's possible their monetary market caps could also reflect that in the future.
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November 19, 2019, 04:05:07 AM

Hey Homer, will you be making a hat for the art entry?  

^ + 1000!

Yeah, homer caps have been probably the single most important artistic action in BTCT ever! It has even transpired off WO frontiers to many other members not regular here.

Homer should make an entry for sure!

I wanted to make an art design with the hat gallery, but...
WO hats are part of Bitcointalk, if the hat gallery can help you, it's at your disposal.
Go ahead xhomerx10 will surprise us. Wink

 Thank you guys, I appreciate the praise and the encouragement.  I've been rather busy lately though and I'm not sure I'll have the time to make something hat-related before the contest deadline.  I'm waiting for some inspiration from the muses but lately, I've only been visited by Melpomene.  Undecided

To date, your possibly quasi-"friendly fork," xhomerx10 wannabe snakeoils salesman, aka madnessteat has made a few 10th anniversary hats (and submissions to the contest).   Does that stir your creative juices?   Cheesy Cheesy Cheesy
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November 19, 2019, 04:12:53 AM

In cases of economic turbulence, it is better to choose Bitcoin, some investors are already doing it intelligently, some keeping discretion.

Quote
“If you’ve got to move fast, uncertainty means Bitcoin. I mean, gold, you can’t really carry much of it, it’s hard to store, it’s quite difficult to buy. You can’t just go, I’ll have some of that gold. It’s much easier to buy Bitcoin, and move Bitcoin, and protect Bitcoin than gold. So gold is at a bit of a disadvantage. And it’s old usage as the flight capital of choice is being eroded.”

and:

Quote
“I think Bitcoin could easily go to twenty thousand. I’m expecting it to go to fifty, I’ll be very happy if it were to go to one hundred thousand. And the one million dollar Bitcon number is purely what you get if every Satoshi is worth a dollar, no, sorry, a cent. Let me get that right. So that’s just a mathematical number,” he bullishly noted.


Via YouTube: https://www.youtube.com/watch?time_continue=119&v=g5w2wiuAIA4&feature=emb_logo

Source: https://www.newsbtc.com/2019/11/18/analyst-bitcoin-price-can-reach-50k-on-macroeconomic-uncertainty/

What do you believe is the date of that interview, LUCKMCFLY, or anyone else?

I know that the linked article is from today, and the download of the video is just a few days ago, but based on the content, it seems that Clem Chambers was describing $6k as an upwards price point for BTC (rather than downwards), which would imply that the interview was in early 2019 - before BTC had broken back above $6k, and maybe even before April 1, 2019.  Unless, he was suggesting $6k as a kind of BTC buying opportunity, and that is why he was suggesting $6k as if it were a positive BTC development?

Yes, it is out of context with the reality of the price now and in fact, it refers to $ 6k, although I associated it at the time that Bitcoin began to grow from $ 6k quickly (But I forgot the detail that could have been possibly before of April 1) .Thanks for the clarification JayJuanGee .. Possibly the article seemed relevant to those statements of the interview to show the growth it had from that moment until now.

I was puzzled by the context of the statement because the interview seemed current, but the statements about going to $6k seemed quite a bit off.  I spent a decent amount of time perusing the article and various webpages including the comments on the YouTube page, and no one seemed to have mentioned it... so it still remains a bit of a puzzle for me concerning exactly when that interview actually took place and yeah it may have been uploaded much later than when it took place, perhaps?
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November 19, 2019, 04:29:55 AM


I'm, not sure you got the joke but i'm quite sure your incapable of hurting my feelings. Wink



eeeeeeeewwwwwwwww   Shocked Shocked    Mr. Tough guy, aka Hueristic.  Can I get a fist bump from your highness?




 Cheesy Cheesy Cheesy Cheesy

BTW... I had to resize the earlier memes to be visible because they are part of the message context, herein.

[edited out]

Money quote: “Bitcoin is about to shock the hell out of everyone”  Roll Eyes
..........
THX 1138 has been ignored forever FYI. If Shelby wants us to read his shit then he can follow the fucking rules.

I started to report the posts of THX1138 - since there seems to be a pattern of a ban evasion going on here. Banned members should not be able to go through other members to post responses here, which would cause THX1138 and anyone else who engages in such conduct to be attempting to evade a ban.
LUCKMCFLY
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November 19, 2019, 04:33:21 AM

In cases of economic turbulence, it is better to choose Bitcoin, some investors are already doing it intelligently, some keeping discretion.

Quote
“If you’ve got to move fast, uncertainty means Bitcoin. I mean, gold, you can’t really carry much of it, it’s hard to store, it’s quite difficult to buy. You can’t just go, I’ll have some of that gold. It’s much easier to buy Bitcoin, and move Bitcoin, and protect Bitcoin than gold. So gold is at a bit of a disadvantage. And it’s old usage as the flight capital of choice is being eroded.”

and:

Quote
“I think Bitcoin could easily go to twenty thousand. I’m expecting it to go to fifty, I’ll be very happy if it were to go to one hundred thousand. And the one million dollar Bitcon number is purely what you get if every Satoshi is worth a dollar, no, sorry, a cent. Let me get that right. So that’s just a mathematical number,” he bullishly noted.


Via YouTube: https://www.youtube.com/watch?time_continue=119&v=g5w2wiuAIA4&feature=emb_logo

Source: https://www.newsbtc.com/2019/11/18/analyst-bitcoin-price-can-reach-50k-on-macroeconomic-uncertainty/

What do you believe is the date of that interview, LUCKMCFLY, or anyone else?

I know that the linked article is from today, and the download of the video is just a few days ago, but based on the content, it seems that Clem Chambers was describing $6k as an upwards price point for BTC (rather than downwards), which would imply that the interview was in early 2019 - before BTC had broken back above $6k, and maybe even before April 1, 2019.  Unless, he was suggesting $6k as a kind of BTC buying opportunity, and that is why he was suggesting $6k as if it were a positive BTC development?

Yes, it is out of context with the reality of the price now and in fact, it refers to $ 6k, although I associated it at the time that Bitcoin began to grow from $ 6k quickly (But I forgot the detail that could have been possibly before of April 1) .Thanks for the clarification JayJuanGee .. Possibly the article seemed relevant to those statements of the interview to show the growth it had from that moment until now.

I was puzzled by the context of the statement because the interview seemed current, but the statements about going to $6k seemed quite a bit off.  I spent a decent amount of time perusing the article and various webpages including the comments on the YouTube page, and no one seemed to have mentioned it... so it still remains a bit of a puzzle for me concerning exactly when that interview actually took place and yeah it may have been uploaded much later than when it took place, perhaps?

I've been looking the same way, what I got was that it was dated November 15 of this year ...

I followed the sources: https://www.kitco.com/
                                  https://www.kitco.com/news/video/show/Kitco-NEWS/2612/2019-11-15/The-gold-versus-bitcoin-debate-is-still-on-expert-says-$20k -is-in-the-cards-but-for-which # _48_INSTANCE_puYLh9Vd66QY_ = https% 3A% 2F% 2Fwww.kitco.com% 2Fnews% 2Fvideo% 2Flatest% 3Fshow% 3DKitco-NEWS

                                  https://investorshub.advfn.com/

It is really strange ..
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