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Question: Is this the last time we see sub-$10K?
Yes - 38 (40.9%)
No - 55 (59.1%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21532003 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.)
VB1001
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November 21, 2019, 04:53:44 PM

holy shit

30 merits from Theymos for my art thing

kinda takes the sting out

You did a good job.
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noormcs5
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November 21, 2019, 04:56:10 PM

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

Wait for low 7xxx.

Will it bounce back near 7200-7300$ support as it did last time ? That's a million dollar question.
By the way i am expecting a pull back soon that will take us again above 8000$.
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November 21, 2019, 04:59:37 PM

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

Wait for low 7xxx.

Will it bounce back near 7200-7300$ support as it did last time ? That's a million dollar question.
By the way i am expecting a pull back soon that will take us again above 8000$.

7k test then 5k test possible the Christmas rush drug orders filled so suppliers must cash out? Smiley reee
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November 21, 2019, 05:01:19 PM

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

Wait for low 7xxx.

7.3 wasn’t high is it?  Wink

Short-term doesn't count. Smiley
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November 21, 2019, 05:03:23 PM

NO PANIC!

Listen, Bitmain shill.  Tell your Chicom leaders in Beijing anyone flying a Jewish hammer and sickle flag is the enemy of mankind, and unless you consider yourselves to be Jew slaves, you should probably get a new flag. Make some new flag with a panda or dragons on it or whatever, just get rid of your stupid, Jewish slave flag.  Communism is not a Chinese invention, it's a Jewish invention - more like a method of attack on other civilizations.  

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November 21, 2019, 05:06:34 PM

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

Wait for low 7xxx.

7.3 wasn’t high is it?  Wink

Short-term doesn't count. Smiley

Sssssjjjj let is do a proper 3K up only don’t lose the number over a few weeks .....
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November 21, 2019, 05:08:52 PM
Merited by VB1001 (1)

Didn’t do an art submission, might just send my cock in with a BTC logo on it & a ruler next to it - 1 inch per birthday’s that the forum has had.
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November 21, 2019, 05:14:34 PM

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

Wait for low 7xxx.

Will it bounce back near 7200-7300$ support as it did last time ? That's a million dollar question.
By the way i am expecting a pull back soon that will take us again above 8000$.
Why are you expecting a pull back soon please?
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November 21, 2019, 05:41:47 PM

Tried Terminator Resistance.  Not very good gameplay.  It uses Unreal Engine 4 - a laggy as shit, high overhead, low performance engine.  Going to try Borderlands 3 next which uses the same engine.  I have a theory all Unreal Engine 4 games are crap.  The engine doesn't even really feel suitable for real-time video games.  The UE4 render pipeline is just too convoluted with bullshit more suitable for rendering a movie than a game.  

Unreal Engine 3 was also bad, and most of it's games were crap as well, but there were a few decent ones like Borderlands 1-2.  Having said that, even it's good games had a total lack of physics, which is pretty inexcusable considering HL2 engine had amazing, perfect physics YEARS ago near the same era utilizing barely any overhead at all.  Now I'm seeing Unreal Engine 4 games with the same bullshit total lack of physics in 2019 - totally insane. EA's Frostbite engine was considered 'not optimal' for making games like Dragon Age: Inquisition, yet it's lightyears ahead of Unreal Engine 4 in performance, input lag, and everything else you can imagine.

My sentiments are more or less same as you when comparing UE4 to Frostbite. But i wouldn't say Frostbite is light years ahead. if you want to do case study then forget Dragon Age : Inquisition and check out "Anthem", visually spectacular game but performance wise not so. This discussion going on for quite some time now and i don't see any change in status quo for next decade or so. Frostbite's engine is tough nut to crack for their devs, even experienced devs finds its difficult to work with, Plus they don't get much help from community as compared to UE4 when it comes to bugs etc.

The problem with all these new engines is no form of post processing belongs in ANY real-time game WHATSOEVER.  UE4 has stacked post-processing and other garbage to the moon resulting in the most bogged down render pipeline ever.  Frostbite began as an FPS engine, so they had somebody on the team to tell idiot project managers and noob programmers that you cannot have 100ms input lag in a FPS game resulting in Frostbite being a more lean, higher performance, and less laggy engine.

Frostbite games like Dragon Age:  Inquisition also look as good or better than any UE4 game.  All UE3 games had the same generic look to them, usually with lots of specular highlight abuse, lens flares, and such.  I thought UE4 would change that, but UE4 games also seem to have a similar, easily noticeable blah to them.  This is not to say Frostbite is perfect, it's definitely worse for real-time response than pre-id Tech 4 engines.  Id Tech 3 marked the last of the actual decent real-time engines, and just about everything Id Tech 4+ was straight downhill.

IW engine is based on Id Tech 3, so it might be good, but I haven't played any Call of Duty games to really try it out.  I imagine they've probably bastardized it to a sluggish response, pseudo-non-realtime engine after numerous Call of Duty iterations over an entire decade, but maybe I'm wrong.
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November 21, 2019, 05:46:35 PM

Good afternoon WO!
Observing @ $panic

$730+ down in the last 11 ours.



HODLing time!
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November 21, 2019, 05:48:26 PM
Merited by bitcoinPsycho (1)

Didn’t do an art submission, might just send my cock in with a BTC logo on it & a ruler next to it - 1 inch per birthday’s that the forum has had.

You're using a metric ruler bro. That's 10cm  Wink
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November 21, 2019, 05:56:03 PM
Last edit: November 21, 2019, 06:12:24 PM by realr0ach

this is similar to asking Sipa (Peter) to debate vaccines causing autism rather than work on the protocol.

If you think vaccines don't have detrimental side effects, go get yourself a whooping cough/tetanus combo vaccine right now - the #1 most dangerous vaccine of all (at least for cognitive function).  You probably won't even be able to concentrate to read this forum for a day or two after.  It's also rather hilarious how they run commercials specifically for this vaccine trying to get people to take it and seemingly none of the others.  Just like they recently started running commercials trying to get old people to take not regular, but EXTRA STRENGTH flu vaccines every year, even though the flu vaccine isn't even effective vs the flu.  

It's obviously part of a eugenics kill off plan.  The central planner technocrats don't want 100 year old boomers sucking down resources for eternity being a burden on the state.  But it seems they're also negatively impacting young people too.  You can argue about whether eugenics is necessary or not given a lack of natural selection to govern human genome and overpopulation, but the real issue is that the eugenics seems to be targeting 1st world, K-selection white people who don't reproduce out of control as much or more than 3rd world, brown people who do, making the eugenics totally pointless.  

We essentially have anti-white, pro-brown people eugenics with a bunch of evil Jews cheering for it due to their murderous hatred of white people.
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November 21, 2019, 06:03:23 PM

BTC going down, gembitz is back but I feel comfortable... damn bear market of 2018 has made me numb... should borrow the titanium plates from Bob  Grin
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what is this "brake pedal" you speak of?


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November 21, 2019, 06:03:49 PM

What's wrong with raising my concerns and asking for the opinions of fellow WO contributors? I have never ever attempted to spread FUD and never will. Those who know me can attest to that. Only a few days ago I came across this information (that came from inside the WO thread), and politely posted my concerns to the thread, because I trust your opinions. I got some answers, I accepted them, and I'm happy that all of you guys dismiss this information as FUD, which was also my initial reaction to it. I never offended anyone, as you are doing with your reply above.

no problems with concerns.. there is a lot of info/fud out there, mostly conflicting of course. basically, just keep researching and form your own opinion.

fwiw i too keep the bulk of my coin in legacy addys, and have no real interest in segwit at the moment. of course, this is probably more from laziness than any other single factor.

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November 21, 2019, 06:16:08 PM
Merited by OROBTC (1)

The Bitcoin market, the shortage is part of the hope of higher market prices.

Quote
BTC expected supply was 18,000,000 at block 600,000.

But there are over 1,500,000 coins that are assumed lost.

And many more that were stolen and haven’t moved since...

Read the full break down by
@khannib
 in this week's State of the Network:

http://coinmetrics.substack.com


Source: https://twitter.com/coinmetrics/status/1196829503970041856

Quote
Bitcoin has between 500,000 and 700,000 active addresses per day, and the number of unique addresses hovers around 500,000. Hundreds or thousands of coins are being moved for active trading each day, and simply holding the coins has not led to appreciation. Rather, trading activity and liquidity has led to discovering the higher BTC prices.

Source: https://bitcoinist.com/bitcoin-supply-less-than-18-million-coins-due-to-locked-wallets/
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November 21, 2019, 06:20:37 PM

...

AlcoHoDL asked a reasonable set of questions.  Not all of us have lots of time here at W.O. nor are programmers.  We are all learning.  I too would like to know the right answers.  I don't like to spread any FUD nor anything negative.

Lauda replied with unnecessary venom.  That likely means that s/he was having a bad day, even for a grumpy kitten.  Lauda, I hope that your day is going better now.  

Peace.  <-- Lauda, get you some.  You'll feel better.
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November 21, 2019, 06:22:10 PM
Merited by JayJuanGee (1), OROBTC (1)

Well. I just bought $617 usd worth of Bitcoin.

I figure it this way:

1) I have a hoard, so it better not go beanie baby tulips

2) we have approached or near-complete miner capitalization ...too many miners vs price of BTC. Also, 60% or more that are dropping off the network are Litecoin L3+'s (scrypt that

folk used to mine and convert to Bitcoin and S9's Bitmain miners.....that is a lot of miners of the same type to dump out of the network in miner capitalization at one time!... Thus price dump,

IMHO. With the above miners being at least 60% of the miner's mining at this point that is a big, big, hit. So miners hodl'ing less and selling more for usual data hall bills etc.

3) see (2) ..miners must sell to keep and pay bills on data hall electric or whatever and adds to the price dump. Also used to be big hodl'ers for the time being not so much!

4) I see 'eventually' at least $10k BTC coming back someday so HODL mode. Thus anything I buy below 10K price is a win at these prices.

anyway, we had too many miners that ran up difficulty too high and price vs BTC adoption by the masses...that will probably take past the BTC halving to be digested...it could be we

may not see $10k till 6 months or beyond the halving (see past halving).

so I HODL, assume at least $10k will come back again, count on the halving in 2020 and just hunker down and accumulate

if I don't think that it will ever hit $10k BTC again, then a person should sell at least half if not all their BTC if they think this as good as it ever is gonna get...

so anyway, any coin I get from now on I look at it as a percentage of $10k and set it aside, no miners in my future, sell crap from the attic on ebay (attic mining) to buy BTC seems

the most senisble way I can accumulate BTC now.

5) this too shall pass

anyway, how I approach this now from my somewhat warped view on yes BTC will again get to $10k so what am I gonna do in the meantime?

later

brad

(eBay: yech...but hey cubicle work on eBay selling to get BTC works also..if you have a lot of crap to get rid of..but damn it is soooooooo boring!)
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November 21, 2019, 06:23:51 PM
Last edit: November 21, 2019, 06:38:51 PM by realr0ach

and have no real interest in segwit at the moment

There's no reason for anyone to have interest in segwit now that everyone can see how LN actually functions, which is why the second person to reply to the Satoshi mail list - James A. Donald - says virtually the same thing I do, that it's garbage.  Bitcoin is already designed to turn into a permissioned ledger because tokens are non-fungible and transaction validators are designed to centralize, and Lightning Network is even more of a centralized, permissioned ledger than Bitcoin is.  

If the original Bitcoin whitepaper stated what modern day Bitcoin actually is - "I envision the system having a multi-sig of only 1-10 block producers at most at any given time - he would be LAUGHED OUT OF TOWN.  That's basically the definition of Solidcoin for fucks sake.  In the very near future, it's 100% inevitable you'll need to ask permission from a US govt or Chinese communist controlled AML/KYC regulated mining pool in order to do anything with Bitcoin. Physical metals do not have built-in, rent seeking middleman that you have to ask permission from to do anything while also attempting to extort you for fees at the same time to move coins you supposedly own.

Bitcoin post-regulation is an even worse version of Paypal.  It's like Paypal but with higher fees and a permanent record of all transaction history for anyone in the world to view, so it abolishes the 5th amendment making it so you're tracked and audited in real-time, and any tiny mistake will have the book thrown at you like receiving an automated traffic light ticket.  The only thing propping up this bullshit now is people pretending this regulation is not going to happen and that they'll somehow make Ponzi scheme profits off artificial scarcity, Keynesian, halving events.
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November 21, 2019, 06:33:51 PM

...

realr0ach

Our local CVS has a big sign advertising *FREE* flu shots now.  Free, huh.  Hmmm.
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November 21, 2019, 06:37:24 PM
Merited by JayJuanGee (1)

Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?

Wait for low 7xxx.

Will it bounce back near 7200-7300$ support as it did last time ? That's a million dollar question.
By the way i am expecting a pull back soon that will take us again above 8000$.
Why are you expecting a pull back soon please?


A very simple reason of a bounce back is that people are waiting to buy it at around 7000$. Since Halving is coming and Baktt already working, i do not think price can dump more as it did in 2018 at the same time when it dip from 6000$ to 3000$.
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