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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26377113 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. (174 posts by 3 users with 9 merit deleted.)
Raja_MBZ
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March 09, 2020, 07:54:20 AM

Are we really gonna see an international market crash because of the virus?

It seems kinda fishy.

Yes, enjoy the show.

It's really refreshing to see big boys panicking like this. I'm *absolutely* fine if I have to pay only about 20% of my worth to see this show. Smiley
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Cryptotourist
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March 09, 2020, 08:09:19 AM

Especially if your ass is hairy.

Hey now

Yeah - thought about you,
when I wrote ass - hairy down,
sleepy to rhyme bro.


#

But honestly, the best thing is just being able to take a shit in under 30 seconds and require very little to no toilet paper.

Hey, as soon as I smell espresso brewing in the morning, I'm gone in like milliseconds. Tongue
3 baby wipes per shit confirmed.
fillippone
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March 09, 2020, 08:41:20 AM
Last edit: May 16, 2023, 06:29:26 AM by fillippone




hv_
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March 09, 2020, 08:59:16 AM

ooops

https://www.bloombergquint.com/global-economics/biggest-rescue-of-india-bank-will-deepen-lenders-funding-woes

was that related to the last news India might allow cryptos now ?

 Shocked
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March 09, 2020, 09:01:31 AM


LoL - you think it's a joke

For me: segwit was just white toilet paper

Only BSV is worth the Satoshi  White Paper

 Grin
El duderino_
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March 09, 2020, 09:03:30 AM
Merited by LFC_Bitcoin (1)

This was unexpected but I think this a very good opportunity to buy more Bitcoins!

Target - 7500~



17500
bitcoinPsycho
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March 09, 2020, 09:04:51 AM


LoL - you think it's a joke

For me: segwit was just white toilet paper

Only BSV is worth the Satoshi  White Paper

 Grin
Lol lol lol BSV to BTC down another 14% I wipe my arse with your white paper
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March 09, 2020, 09:18:32 AM


LoL - you think it's a joke

For me: segwit was just white toilet paper

Only BSV is worth the Satoshi  White Paper

 Grin
Lol lol lol BSV to BTC down another 14% I wipe my arse with your white paper

take some crude oil - thats down -20%  slippy as segwit

hahaha
bitcoinPsycho
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March 09, 2020, 09:23:21 AM

Your loosing it hv
nutildah
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March 09, 2020, 09:25:52 AM

take some crude oil - thats down -20%  slippy as segwit

hahaha

you actually believe a fraudulent shitcoin is bitcoin

jokes on you

hahaha
OutOfMemory
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March 09, 2020, 09:27:02 AM

$8k, not bad.
I'm awaiting fiat. I hope it's available soon enough.
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March 09, 2020, 09:37:13 AM

take some crude oil - thats down -20%  slippy as segwit

hahaha

you actually believe a fraudulent shitcoin is bitcoin

Of course he doesn't, h e   c a n 't   b e  that dumb. Roll Eyes
Paashaas
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March 09, 2020, 09:58:14 AM

Oil crashes to $27..astonishing. Shocked
STT
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March 09, 2020, 10:21:47 AM

Quote
That dude is thinking that we will eventually (within a decade, I assume) will revisit SP500 667.
That would be gruesome.

That would be slightly ridiculous and inaccurate even.   Dollar has no fixed value and without too much checking we can say the dollar is worth less in 2020 then it was 2009.   Due to so many years of QE and excessive monetary base expansion and GDP has not kept up as is reflected in common working wages/value.
  To even visit 1200 on SP500 now would be surprising and to me equate to that 2009 low.   I bought shares march 2009 because it was too cheap even then and I had no regrets in time it doubled and paid double digit yield for my trouble.   Theres plenty of bargains now, not without risk but such cash itself is flawed and due to incur certain losses by design and plan of the Federal Reserve I doubt we have this priced sell off.  
  What is quite likely is volatility is in effect, uncertainty and damage from this unstable monetary policy of constant easy money.   Its not capitalism to have central control in this way, capitalism is money and production with the people and is a revolutionary system that surpassed years of monarchy and top down control.  Somehow we went backwards and we got this command economy that China has or the West is not so different, I'm fairly certain it doesnt result in higher cash value.   BTC falling isnt long term negative and I haven't decided its route short to medium term but i think crypto is fine in 2020 even if price performance is poor.    
  My take for 2020 popular opinion or not is we have disappointment and at best we stay neutral in 2020, a year for digestion not the boom many hoped.   I decided that long ago, I'm far more hopeful going into the decade.
Phil_S
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March 09, 2020, 10:22:02 AM

Are we really gonna see an international market crash because of the virus?

It seems kinda fishy.

It's Saudis, not virus.

Quote
“The market is shocked with the Saudi vow to step up oil production,” said Alan Li, portfolio manager at Atta Capital. “The collapse of oil prices triggered further sell-off of other asset classes. People are waiting for the response of other members of the Organisation of the Petroleum Exporting Countries (OPEC) and Russia.”

Basically, Saudis launched a price war against Russia.
El duderino_
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March 09, 2020, 10:24:02 AM
Merited by Lambie Slayer (1)

Imho this could be a classic trap  Cheesy

Go down with all the rest, panic——> then green dildo to flush out some panic b*tcherzzzz Cheesy
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March 09, 2020, 10:27:24 AM



Gotta appreciate the irony. Grin
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March 09, 2020, 10:29:30 AM
Last edit: June 12, 2023, 03:28:17 AM by STT

Quote
It's Saudis, not virus.
I agree and I hate to double post but the reply is simple.   The virus is a trigger not the cause or the body of the problem.   QE is an ongoing risk, OPEC of course is a fixed price system and subject to problems from that.   Excessive sovereign debts, deficits both fiscal and trade they all matter.     Even after all that its very unlikely cash gains year to year, UUP is the ticker for Dollar index and trades in about 4 hours.
  Business gains from cheaper oil, put it that way so imo dont be too negative in your outlook.   (also gold miners gain every time oil drops, a vast part of their costs is energy such that its a watched ratio USO:GLD or oil:gold)

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El duderino_
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March 09, 2020, 10:36:06 AM

#bitcoin  S2F chart adjusted for today's "crash" ... nothing really happened, btc still spot on S2F track

https://twitter.com/100trillionusd/status/1236741267440259072?s=21
mindrust
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March 09, 2020, 10:54:53 AM

#bitcoin  S2F chart adjusted for today's "crash" ... nothing really happened, btc still spot on S2F track

https://twitter.com/100trillionusd/status/1236741267440259072?s=21



According to this chart $100k may not happen before 2024. When you draw a big bowl it makes sense. Painful years ahead. :/ We are (very) lucky if we hit $100k in 2022.

Still don't think too much over this. In the upcoming years bitcoin might become useful in other ways. Imagine how useful it will be when the banks go bankrupt and don't allow people to withdraw money. Anything outside of the banking system will have much more value.
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