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February 22, 2020, 12:27:43 AM *
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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 21531504 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.)
NeuroticFish
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First 100% Liquid Stablecoin Backed by Gold


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January 15, 2020, 02:25:11 PM

AYH

brace for Vegeta

I see somebody has already uploaded it as a preparation: http://cdn23.us1.fansshare.com/photos/meme/vegeta-meme-wallpaper-510512536.jpg
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LUCKMCFLY
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January 15, 2020, 02:28:15 PM
Merited by OROBTC (1), Phil_S (1)

Many analyzes are formed from the Stock-to-flow model.

Quote
Gold vs Bitcoin: The stock to flow concept visualized.

The "hardness of money" of Bitcoin will be about the same as Golds, from May 2020 to May 2024.
Even "harder" thereafter.


Source: https://twitter.com/MarkValek/status/1217325142411444224
fillippone
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January 15, 2020, 02:49:30 PM
Last edit: January 15, 2020, 03:00:11 PM by fillippone






VEGETA GAME !!!!!!

$50 worth of BTC to one winner


Right, we’ve been under $9,000 for quite a while now. I think it’s time to PLAY ANOTHER GAME !!!!!!!!

Ok, this time I’m going to be clear on two rules -

1.) When the price crosses $9,000 on BITSTAMP you must post a Vegeta meme
2.) I also want a screenshot of the BTC price from BITSTAMP to prove it’s over $9,000

**If you post a meme but no screenshot - No win**

**You must post a Vegeta meme & the Bitstamp screenshot so I can verify the time of your post against when the price went over $9,000**


Thanks & good luck!

Will we finally see this guy today?

Observing $8,800

Edit -$8,857

Only traded price above 9,000 counts. I will screenshot that.
Asking confirmation from gamekeeper LFC_Bitcoin.
vapourminer
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what is this "brake pedal" you speak of?


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January 15, 2020, 02:50:38 PM

"Feeeeed me Roger!"  -Bcash "Feeeeed me Calvin!"  -BSv

SUPPERTIME!
nutildah
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January 15, 2020, 02:54:34 PM
Merited by LFC_Bitcoin (1)





Just practicing... LOL.

Aw man my computers so slow there's no way I'm gonna win.
bitcoinPsycho
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January 15, 2020, 02:55:31 PM

JimboToronto
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January 15, 2020, 02:58:00 PM
Merited by BobLawblaw (10), Hueristic (1)

you are officially leet

Thanx... next target: 2600.  Cool
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January 15, 2020, 03:02:51 PM
Merited by mindrust (2)




https://twitter.com/galaxyBTC/status/1217431156758601728
Wekkel
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yes


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January 15, 2020, 03:16:39 PM

We can do this fast or we can do this slow...  Roll Eyes
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January 15, 2020, 03:24:59 PM

Stock-to-flow model.

"Stock to flow" does not apply to Ponzi scams.  I don't know if any of you noobs understand economics at all - and I wasn't there to personally witness the event or personally audit all the bookkeeping - but the great depression involved a liquidity deficit.  Some claim it was an engineered depression by the banks, others claim it's not; who knows, that doesn't matter for this discussion.  What matters is that if Bitcoin was actually the unit of account of anything (I.E. the world reserve currency and everything is priced in Bitcoin), the halving itself is a liquidity implosion similar to the great depression.

With Bitcoin not being the unit of account of anything it doesn't really matter because it just functions as a meaningless pump and dump scam, but if you actually tried to price everything in the world in Bitcoin it would be laughable. What type of "monetary system" do you know of where every vendor on the planet needs to massively adjust all their prices every four years?  None exists because anything with such stupid mechanics always dies because anything operating with such dynamics is a Ponzi scam.  The purpose of a monetary unit is to provide price stability, not be unstable by default.

In terms of having an actual functioning economic system, the 'halving' is a monetary crisis, not some sort of benefit.  The only people who view it as beneficial are pump and dump scammers hoping it allows them to make money off algorithmically designed, large volatility.  If Bitcoin was designed to actually be useful as a unit of account for something instead of a Ponzi scam, the block reward would be static eternally.  The government creators of Bitcoin who want it to function as a cashless society slavery system where everything you do is monitored in real-time knew it would be impossible to try and get anyone to use Bitcoin with an infinite, static block reward over metals, so they designed it as a get rich quick scheme, Ponzi scam to later be adjusted or replaced when it eventually fails due to having no use case beyond a pump and dump scam.
FreedomCoin
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January 15, 2020, 03:30:58 PM

That 24h volume is looking nice.

ATH in volume?
psycodad
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January 15, 2020, 03:35:39 PM
Merited by JimboToronto (1)

you are officially leet

Thanx... next target: 2600.  Cool
* psycodad whistles:
And then rename account to Cap'n CrunchGrin

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January 15, 2020, 03:35:54 PM



LoL

So Ball tempering is not @bitserve's trade mark.....

... or Bawb's, official founder of BTC  (Ball Training Club).
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January 15, 2020, 03:37:33 PM

That 24h volume is looking nice.

ATH in volume?

Interesting, I don’t know though. How do you check that stat?

I think if we break $9,000 it could be a quick run up to five figures.
El duderino_
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January 15, 2020, 03:38:55 PM

That 24h volume is looking nice.

ATH in volume?

Interesting, I don’t know though. How do you check that stat?

I think if we break $9,000 it could be a quick run up to five figures.

Yeah the first time we crossed 9K this year that was a short lived area, 10K was like instant asked and delivered
BitcoinGirl.Club
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January 15, 2020, 03:39:16 PM


Just practicing... LOL.

Aw man my computers so slow there's no way I'm gonna win.
Staying online for the next 8 hours LOL



You think you have a chance against me? 😉
realr0ach
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January 15, 2020, 03:41:10 PM

TLDR:  Hyperdeflation is just as bad as hyperinflation.  Neither functions for a real world economic system.

Due to halvings and the amount of coins lost through strong encryption, Bitcoin is not deflationary but hyperdeflationary, and doesn't work to price literally ANYTHING in.  Sounds great for pump and dump scammers, but if nothing can even be legitimately priced in Bitcoin at all, it doesn't have an actual use case and the price eventually goes to zero when little of the market or vendors utilize it for anything.  

There are stories of post offices having metal engraved signs on the wall for the postage price with the numerical value being the same for decades under gold and silver standards.  Can you ever imagine such a thing for Bitcoin?  It's laughable and virtually impossible for metals to not defeat Bitcoin.  The biggest valuation factor of money is ability to provide price stability, NOT be a pump and dump tool.
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January 15, 2020, 03:45:59 PM

I added Bitcoin Dominance and BTC/USD pair in same graph for last 1 year. And last few days looks kinda different comparing to before. Like glines were more or less parallel mostly, But after the last jump over 8k usd, dominance went to downtrending.

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January 15, 2020, 03:47:14 PM
Last edit: January 15, 2020, 04:15:08 PM by nutildah


Just practicing... LOL.

Aw man my computers so slow there's no way I'm gonna win.
Staying online for the next 8 hours LOL

*image redacted*

You think you have a chance against me? 😉

LFC_Bitcoin
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January 15, 2020, 03:47:38 PM

5 Merit’s available for the first poster to help me confirm 100% the exact time the price crosses $9,000 on Bitstamp.

I want to be precise & exact on who the winner is.

Thanks.
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