JimboToronto
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November 06, 2020, 03:39:47 PM |
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Good morning Bitcoinand. I see we're still above $15.5k, consolidating after yesterday's delightful gains... currently $15504USD/$20255CAD (Bitcoinaverage). Passing $20kCAD is a pleasantly satisfying in a way. A little bit of a breather here wouldn't do any harm. Its a little early to go exponential. Save that for next year. I'll be happy to be near the ATH by year's end. Slow and steady. Go Bitcoin go. I love making money while sleeping, it doesn’t get any better than this.
One of the few things on which I can agree with Warren Buffett: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F7i8cSmF.jpg&t=665&c=EidxmCImc6qbbw) Isn't hodling fun?
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Lucius
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November 06, 2020, 03:52:09 PM |
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SourceGreat billboard ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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JayJuanGee
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November 06, 2020, 04:13:39 PM |
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Expect military trucks to drive into the justice department shortly before Trump leaves office.
Expect Trump to walk away a very rich man.
The strangest prediction. I have a better one: 1. with Senate ostensibly remaining republican (most likely) and Supreme court decidedly conservative, republican "masses" won't care too much and WS is ecstatic (no new taxes, etc.). 2. Trump might try a comeback in 2024. It worked out for Grover Cleveland, so there is a precedent. Trump is no whipper snapper, so he may well be dead, or near dead in 2024... but would not put it past him to attempt some drama, even in his more elderly years... absent the various criminal charges that he is likely going to have to battle in the coming years because I doubt that democrats - or even regular peeps are going to be tolerant of the various ways that he abused his power in terms of financials and other eccentricities that go beyond the pale of the regular corrupt politicians in the USA. There may be some allowance to sweep his extremes under the rug - but really would likely not be in the best interest of the country to allow him to get away with his various narcisistic and likely non-productive self-dealings and reckless with the public finances interminglings.
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FullNode
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November 06, 2020, 04:14:37 PM |
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JayJuanGee
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November 06, 2020, 04:32:56 PM Last edit: November 06, 2020, 05:39:57 PM by JayJuanGee |
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@Toxic: what's in the box?
pain...for fiat hodlers #dyor ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fr9ciLxN.jpg&t=665&c=ZX-sox9NrxS1ow) Volume is not the as in the past but i think we dont need lot of volume as longs as there is FOMO ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I have been kind of wonder too, if there may have been some movement of BTC price discovery from exchanges to OTC type avenues, especially if we have BIG institutions such as Square and Grayscale sucking up a lot of the coin supply. From where are they getting their coins. I believe that Saylor had admitted getting a decent amount of his coins from various exchanges, but he did not really detail with any precision his sources of his BTC and/or exactly his methodology - even though he disclosed that he (likely involving some agents) had made 10s of thousands of BTC buying transactions over a relatively short period of time prior to October of this year.. Actually not even sure about when he started acquiring coins, exactly, but based on his purchase price disclosures and some other of the details that he disclosed, it seems to be that he likely had some somewhat clustered purchasing activities of BTC at least three times in the months of July (his own stash) August (his first acquisition of MSTR coins), September (his second acquisition of MSTR coins). In any event, changes in on-exchange trade volume might not always give great indications regarding ongoing measure of sentiment, which seems to be part of what you are suggesting, hossamdz. Almost 2k up in one day, did we ever had that?
Yes, 2019 26 June October 25, 2019 we had nearly $3k in less than 24 hours from $7,400 to $10,300. I used to remember (seemingly incorrectly) that we had accomplished that BTC price move in a bit over 12 hours, but when go back and look at the one minute charts it seems that my memory is not what the historical charts are showing. See this link to play around with the timeline: https://bitcoincharts.com/charts/bitstampUSD#rg60zig1-minzczsg2019-10-25zeg2019-10-26ztgMzm1g10zm2g25zv![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fbitcoincharts.com%2Fcharts%2Fchart.png%3Fwidth%3D940%26m%3DbitstampUSD%26SubmitButton%3DDraw%26r%3D60%26i%3D1-min%26c%3D1%26s%3D2019-10-25%26e%3D2019-10-26%26Prev%3D%26Next%3D%26t%3DM%26b%3D%26a1%3D%26m1%3D10%26a2%3D%26m2%3D25%26x%3D0%26i1%3D%26i2%3D%26i3%3D%26i4%3D%26v%3D1%26cv%3D0%26ps%3D0%26l%3D0%26p%3D0%26&t=665&c=TFyyC3lqSihv9w) By the way, as many of you more astute Wall Observers may recall, we shot up from $7,400 to $10,300 in less than 24 hours on October 25, but then we trickled back down to $7,400 and even below $7,400 in the next month.. and then had a kind of mini-bear (feeling at the time) BTC consolidation in the upper $6ks/lower $7ks for a bit more than a month before entering into a beginning of 2020 mini-rally for a bit over a month.. to peak above $10k again before experiencing our movement into our March 12 rapid crash. Almost 2k up in one day, did we ever had that?
Yes, 2019 26 June Once almost 3K not? Yes... see above.
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gallianooo
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November 06, 2020, 05:08:04 PM |
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Hm. 15.5. Still don't need anything. Wonder what I'll be thinking at 30.
We might do a late 2016-early 2017 "thing" vs ATH. Move fast to $20-21K, then drop back to $14, then off to the races. Agree with this scenario.
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FullNode
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November 06, 2020, 05:08:52 PM |
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explorer
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November 06, 2020, 05:11:51 PM |
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Oh cool they are going to close up shop?
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rdbase
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November 06, 2020, 05:20:13 PM |
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philipma1957
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November 06, 2020, 05:20:13 PM |
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Oh cool they are going to close up shop? No they will try to absorb btc into their clutches.
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FullNode
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November 06, 2020, 05:20:37 PM |
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Oh cool they are going to close up shop? No, the printers will explode
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JayJuanGee
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November 06, 2020, 05:36:56 PM Last edit: November 06, 2020, 05:51:35 PM by JayJuanGee |
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$15.5k USD/BTC breached. Yeah, riding this fucking wave, yo. Will reconsider depending on how quickly we hit $16k. YOLO.
$15.551 achieved! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) snip Watching on BBC news and they mentioned about the release of silk road bitcoin. ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) Yet no movement from Trumpster from the white house yet but the tweets are in all caps so you know he is mad. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) snip snip It all depends on Georgia now to find out when he goes dark for the next 3 months left of his term. Thought it would be Arizona and Nevada to do it for Ol' man Biden. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If only he could step away from himself and see just how stupidly childish he is behaving. Does he not realize that counting ballots actually takes time? Seriously, how does this guy even tie his shoes? It is quite surprising that so many people vote for such a narcissistic self-absorbed dweeb, especially when his main duties would be to represent people and the public interest, which he seems totally incapable of carrying out such duties. I suspect that there has been a decent amount of regular peeps who believe that it is in the public interest to diminish or destroy government, and for some reason, they believe that trump's self absorption actually ends up accomplishing their objectives.. Seems like a lack of actual introspection from a lot of normies to actually believe such a corrupt (and unwilling (more likely unable) to focus on anything beyond his own interests) person (referring to trump) actually is good for either the country or for the serving of their own interests. the question asked now is the vote result gonna effect bitcoin price or not , we all see that the price moved up due the vote but what if trump lost ? hmm
Edit: whoops, I got ahead of myself, and responding to your post below this onePrice goes up. Price goes down. Sure, we could continue going up.. Has happened many times; however, any of us should not be surprised by some kind of significant correction at some point, and the mere fact that such correction happens to coincide with some worldly events, so fucking what... does not mean that they are related exactly, even though they are happening at the same time. We have not had any kind of meaningful correction since around early September and that was when we were dipping into the four digits. I personally had been expecting some resistance after $13,880 (our previous local high) and then additional resistance in the sub $17,250 arena.. which would have been one of our bounce highs from December 2017.. but also significantly sub $17,250 would be within a certain reasonable percentage of our ATH --- 15% or so... which would represent entering into no man's zone.. or whatever proper name for such price area around previous ATH...
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hossamdz
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November 06, 2020, 05:38:51 PM |
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the question asked now is the vote result gonna effect bitcoin price or not , we all see that the price moved up due the vote but what if trump lost ? hmm
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matt4054
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November 06, 2020, 06:03:56 PM |
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the question asked now is the vote result gonna effect bitcoin price or not , we all see that the price moved up due the vote but what if trump lost ? hmm
Chances are that the Democrats will be printing out much more dollars during a Biden presidency than a Trump one. From that perspective, it could just make things even more attractive for cryptos as an alternative store of value...
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Searing
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November 06, 2020, 06:08:28 PM Last edit: November 06, 2020, 06:19:09 PM by Searing |
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Need to remind myself, I do not need a Lambo.
Just remember...there is a 'mysterious' never much mentioned 'magic' to Bitcoin...the more you have in HODL mode..the more 'lucky' you are to the oppisite sex and any friends or relations there of. I mean, why could that be? As a further example of such 'wierdness' say you have 1,000 BTC and you went home with your 19 year old girlfriend (like everyone has at my age of 65 years) and meet her father and asked for marriage. For some reason, when the 'retired in BTC/Crypto comes up' and also the 'topic' of marriage comes up...even the Father..seems to regard you in more favor..then you would expect. All due to the 'mystery' of the 'obvious' and 'magical properties' of Bitcoin. It is a mystery indeed! Likely, never to be solved in my lifetime, but on the other hand, my fiance seems to be trying to F*ck me to death, but I'm sure I'm imagining things. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Brad either you are lucid dreaming OR you are one horny "goat"...no offense, please. hey, I'm just commenting on the fact that women seem to be attracted to HODL'ers lately for some 'unexplained' reason...it is 'befuddling' indeed! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Need to remind myself, I do not need a Lambo.
Just remember...there is a 'mysterious' never much mentioned 'magic' to Bitcoin...the more you have in HODL mode..the more 'lucky' you are to the oppisite sex and any friends or relations there of. I mean, why could that be? As a further example of such 'wierdness' say you have 1,000 BTC and you went home with your 19 year old girlfriend (like everyone has at my age of 65 years) and meet her father and asked for marriage. For some reason, when the 'retired in BTC/Crypto comes up' and also the 'topic' of marriage comes up...even the Father..seems to regard you in more favor..then you would expect. All due to the 'mystery' of the 'obvious' and 'magical properties' of Bitcoin. It is a mystery indeed! Likely, never to be solved in my lifetime, but on the other hand, my fiance seems to be trying to F*ck me to death, but I'm sure I'm imagining things. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Brad WTF do you need a 19 year old for? I am 63 I will be 64 in 2-3 months. You could give me every coin back I ever handled in my profile wallet. I think it is about 400 btc which is now over six million. I would not be looking for a 19 year old. I just find it 'befuddling' that all these women, young and old, have such a 'technical' vision of Bitcoin HODL'ers....and want to hang out with ...us long term hodl'ers...must be some kinda of 'glam' about Bitcoin....I don't get it...but then again....can't be the money right? That would be so disappointing...naw... must be they are just hot nerds! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It must be our technical 'charm' and wisdom, right? It can't be for the money, that would be too depressing. So if people can 'deny reality' on FOX news I'm gonna continue to go with my pixie-dust/fairyland/unicorn-fart vision on such interest in HODL'ers by the opposite sex. If you don't believe in such a viewpoint, go to any exotic dancer club, it is amazing how much they will talk to you about the properties of BTC and such. Ah, such wasted 'technical' nerd talent. It must be my 'sparkling' self-imposed...never to be seen...locked in my house due to the Pandemic ...personality. Anyway, have to run some Nigerian Prince is in trouble and needs me to hodl his $$$ and BTC private key for a 'modest' fee. (Denial: 2020 how America copes with the pandemic) Brad
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JayJuanGee
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November 06, 2020, 06:24:33 PM Merited by vapourminer (1) |
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Does he not realize that counting ballots actually takes time?
... I've always wondered why in all the democratic world it is only Democrat inner-city US counties that take forever to count their vote? ... they have more people so should be able to count faster ... or? are they stupider? why do they always delay their vote count? do you not find that strange? Nope. I don't find that strange. Inner cities tend to have more people who lean democratic because they tend to be of traditionally underrepresented groups - and accordingly conclude that there could be a purpose for government in their interest to protect them from some of the extremes of rich-person focused politics that tend to be the direction of republican representatives. Furthermore, republicans tend to target these kinds of inner-city areas in a variety of ways to cause more encumbrances on them - not only in terms of attempting to suppress the vote, but also in terms of causing more and more difficult to actually count votes that had actually been cast. The myth of corruption in counting votes tends to be overplayed, and there have been a lot of evidence that corruption in vote counting tends to come from black box voting dynamics from the various inauditable machines and things like that, and maybe in recent times there has been some more attempts to cause more audit-ability, by causing those counts to be more accountable to actual votes. Greg Palast (and sure, there are others, too) has been investing the various forms of black box cheating dynamics since at least around the 2000 election time-frame. the question asked now is the vote result gonna effect bitcoin price or not , we all see that the price moved up due the vote but what if trump lost ? hmm
Chances are that the Democrats will be printing out much more dollars during a Biden presidency than a Trump one. From that perspective, it could just make things even more attractive for cryptos as an alternative store of value... If you had not noticed a pattern that has gone on since about the time that Clinton (Bill) got into office. There had been gross overspending and sending of moneys to republican buddies (kind of trickle down aspirations) then when the democrat gets into office, there are pushes towards tightening up the belt.. so then by the time the next republican gets back in, then they can go crazy again... that happened for clinton and for obama and likely to happen for biden, too.. Sure, democrats have tended to get beat up by republicans so many times because they tend to try to play nice.. and republicans tend to take advantage of such niceness and engage in ruthlessness irresponsibility when they are in power... and surely how does all the craziness end with more and more craziness in the money printing arena.. and perhaps this time, the democrats will try to continue with printing of money --- which seems irresponsible at this time, but the available solutions do not look good - especially when there is a likely a need to bring back production to the USA in a variety of ways, which could be helpful if it could actually happen.. but I have my doubts, too.. Bitcoin seems to be responding well to Trump losing. Probably bc Trump openly stated he wasnt a fan and it was backed by nothing and that he told his Treasury Secretary to "go after Bitcoin."
Also his top economic advisor Larry Kudlow dislikes Bitcoin. I believe the market is signaling that Biden will be friendlier to our Lord and Savior King Bitcoin.
Also it seems to be bullish for assets when the media is too preoccupied with Trump being a sore loser to promote their coronasniffles hype and try to scare everyone non stop about a disease not much deadlier than the flu.
Actually, it is likely that the potential policies of Trump (to the extent that you could refer to them as policies) would be more friendly to bitcoin, but the fact of the matter seems to be that bitcoin does not give any shits about the president, including whether a Biden administration (to the extent that he is lucid at all) might be more hostile to bitcoin than the red headed self-absorbed twat... by the way, Lambie.. you would likely get along better with Trump, no? Both of you seem to have strong exaggeration inclinations, no?
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JayJuanGee
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November 06, 2020, 06:35:25 PM |
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Classic WO moment of Bear Ownership in 2020: By using the Elliott Waves theory
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fichef.bbci.co.uk%2Fnews%2F976%2Fcpsprodpb%2FEE19%2Fproduction%2F_111835906_954176c6-5c0f-46e5-9bdc-6e30073588ef.jpg&t=665&c=Pxcvf0EGc1_K6g) For some strange reason, Bossian has not been very active in recent times. Maybe he is not feeling so confident about his previous nonsense theories? Not that he likely had believed such crap that he had been posting, previously, even though he placed bets (or was it just one bet?) that he is most likely NOT to pay.. but hey.. place a one-way bet, and collect upon such longshot bet if you win on the longshot, otherwise disaparecerse.
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infofront (OP)
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November 06, 2020, 06:47:12 PM |
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Does he not realize that counting ballots actually takes time?
... I've always wondered why in all the democratic world it is only Democrat inner-city US counties that take forever to count their vote? ... they have more people so should be able to count faster ... or? are they stupider? why do they always delay their vote count? do you not find that strange? The inner cities are completely corrupt Democrat cesspools. On election night, they pause the counting, wait for the results to come in from the rest of the state, figure out how many votes they're down by, manufacture whatever votes they need, then resume counting. It's the oldest [US] political trick in the book. This approach was famously pioneered by Chicago Mayor Richard J. Daley. He essentially controlled every Illinois State election while he was in office in the 50s-70s. My theory is that Trump pissed off all the Libs and some of the independents so they all got together in this big gang and voted against him at the next election. And the reason it is faster to count rural areas in Nevada and Arizona is because the rural areas are made of sand and the urban areas actually have people in them. It's amazing how cities with millions of people like New York, Chicago, Houston, L.A., etc. have no problem getting their ballots counted on election day. However, second tier cities like Detroit and Philadelphia, in battleground states with democrat governors, have ballot counting that goes on for days and is fraught with problems.
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JayJuanGee
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November 06, 2020, 06:51:01 PM Last edit: November 06, 2020, 07:23:14 PM by JayJuanGee |
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Need to remind myself, I do not need a Lambo.
Just remember...there is a 'mysterious' never much mentioned 'magic' to Bitcoin...the more you have in HODL mode..the more 'lucky' you are to the oppisite sex and any friends or relations there of. I mean, why could that be? As a further example of such 'wierdness' say you have 1,000 BTC and you went home with your 19 year old girlfriend (like everyone has at my age of 65 years) and meet her father and asked for marriage. For some reason, when the 'retired in BTC/Crypto comes up' and also the 'topic' of marriage comes up...even the Father..seems to regard you in more favor..then you would expect. All due to the 'mystery' of the 'obvious' and 'magical properties' of Bitcoin. It is a mystery indeed! Likely, never to be solved in my lifetime, but on the other hand, my fiance seems to be trying to F*ck me to death, but I'm sure I'm imagining things. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Brad WTF do you need a 19 year old for? I am 63 I will be 64 in 2-3 months. You could give me every coin back I ever handled in my profile wallet. I think it is about 400 btc which is now over six million. I would not be looking for a 19 year old. You have to live. I mean you have expenses. You cannot measure the mere fact that BTC has passed through your wallet as if you had any kind of reasonable and/or prudent ability to hold onto such BTC and to have been able to have lived a reasonable and respectful life. Let's say that I could have been a multi-millionaire by the time that I was in my early 30s because I had millions of dollars pass through me.. but I happened to have spent the vast majority of such monies, just to live and some of the money passing through me had been to pay expenses in order to have been able to have earned such gross income. What would have I done? Lived with other peeps and had them pay for all my expenses.. How long could that work? Not very long for normies who are not born with any kind of silver spoon in their mouths. Anyhow, my point about BTC passing through your wallet does not mean shit, and it even means less than shit if you have a business that involves earning in BTC.. Now if you have a business that earns dollars and you purchase BTC with those dollars, then it might be a bit more meaningful to expect that a higher percentage of the BTC that pass through your wallet would be within your reasonable and prudent ability to retain for the longer term. Hey oh, WO! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Let me avoid to comment on what's happening price-wise. I will speak only after 20KDo you promise no speaking? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I have heard of "orange" friend and I feel as if I know "orange" friend decently well, but as far as I know, I never have known a "yellow" friend, so far. What is such mysterious, "yellow friend"? Would it be to my advantage to be introduced or to become acquainted? It's like as if PayPal, square, robinhood, gemini, gbtc, bakkt, China, Russia, Europe, coinbase are all competing for some kind of limited supply of an asset that's already 12% into the next halfening, after which the whole world will compete for BTC450 mined daily. Huh who could've predicted such price swings Yep... exactamente!!!! Go figure. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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