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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11%)
8/4 - 16 (16%)
8/11 - 7 (7%)
8/18 - 5 (5%)
8/25 - 7 (7%)
After August - 53 (53%)
Total Voters: 100

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26457840 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.)
JayJuanGee
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November 06, 2020, 06:24:33 PM
Merited by vapourminer (1)

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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November 06, 2020, 06:35:25 PM

Classic WO moment of Bear Ownership in 2020:

By using the Elliott Waves theory



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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November 06, 2020, 06:43:23 PM

For some strange reason, Bossian has not been very active in recent times.

He owes me 0.05BTC if (when really) we reach a new ATH before 1st January 2022.
He probably won’t return!

https://bitcointalk.org/index.php?topic=5205829.msg53223585#msg53223585
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November 06, 2020, 06:47:12 PM
Merited by siggy_77 (1)

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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November 06, 2020, 06:51:01 PM
Last edit: November 06, 2020, 07:23:14 PM by JayJuanGee

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

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
Let me avoid to comment on what's happening price-wise. I will speak only after 20K

Do you promise no speaking?    Cheesy Cheesy Cheesy

Anyway, here's who's making money, tons of money thanks to the yellow friend
https://www.theblockcrypto.com/post/83748/square-earnings-q3-cash-app-bitcoin

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?

Hey oh, WO!  Grin
Let me avoid to comment on what's happening price-wise. I will speak only after 20K

Anyway, here's who's making money, tons of money thanks to the yellow friend
https://www.theblockcrypto.com/post/83748/square-earnings-q3-cash-app-bitcoin

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 Cheesy Cheesy Cheesy
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November 06, 2020, 07:16:12 PM
Merited by vapourminer (1), infofront (1), BobLawblaw (1)

You've picked some good times to sell in the past.  This worries me slightly.  That said, I am not letting go of shit.  Might if I was more loaded though.

Just because I have my finger on the metaphorical trigger, doesn't mean I don't have incredible trigger-discipline.

I couldn't decide what to do earlier, so I decided my best course of action was to take a nap. Rick lamented "What if it hits $15.5k USD/BTC ?" to which I responded, "I'm sure you'll wake me up to let me know..."

Anyway, was thinking about putting in a sell order @ $15.5k USD/BTC, but more inclined to let it ride this momentum.

Don't want to sound crass, but I'm loaded enough on BTC that I feel pretty good about letting go of a batch around here. Will make life less stressful for both Rick and myself, ultimately, and that's an important motivation for me, at this stage in our lives.

Totally respect and get that.  It's part of the reason we are all here.  Pretending it's not with Neo memes etc is silly.  I suppose there may be some folks you actually never sell until they are using it to live directly...  but that way is more for people who come in AFTER us.

Of course the masses still think they "missed bitcoin" thus are missing it again... but those entering now buying their "ONE WHOLE COIN" or even their 6.15 (whateverthehell that means) will be the ones who really have to be NEO in that meme.  The rest of us will be helping distribute the early corn fairly helping them to make their dreams come true.   Part of what makes the distribution fair is we lock in our speculative gains "too early" and live comfortable lives with the remainder in play. 

My comfortable divest zone just lags yours a little.
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November 06, 2020, 07:27:33 PM

Read this thread: ''the most organic pump i've seen in years''

https://twitter.com/woonomic/status/1324790871686963200
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November 06, 2020, 07:29:18 PM

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.

I can't speak of any city, but Houston, where you could have voted with almost NO lines from Oct 13-Oct 30, including controversial drive-ins. In this situation, almost nobody sent a mail-in ballot, to my knowledge.
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November 06, 2020, 07:31:41 PM

Trump’s strategy to avoid voting by mail may have cost him enough Republican votes to lose this one.

Who knows exactly the balance of whether taking such extreme stances cost Republican votes or inspire democrat votes.. and in the end, the same results in which the democrat votes outnumber the republican votes in the key battle states that cause the tipping of the electoral college towards the democrats and against the republicans.  

In other words, overall, Trump did seem to receive a large number of votes.  Lots of muricans don't seem to mind sabotaging of the postal service and some other strange actions, including publicly proclaiming that votes should not be counted and other unappealing kinds of ideas..

He also said a lot of stupid stuff in regards to the virus not existing and failing to take responsibility for the inadequacy of his herd immunity strategy, but lots of muricans did not seem to mind that either.. I mean, he still got a lot of votes despite such seemingly retarded ideas.
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November 06, 2020, 07:41:42 PM

Trump’s strategy to avoid voting by mail may have cost him enough Republican votes to lose this one.

Didn't he vote by mail himself?
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November 06, 2020, 07:55:24 PM
Merited by vapourminer (1), nutildah (1)

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.

You should retract this statement as it is one of complete ignorance.

Or worse yet you know why it happened and are lying.

This happened with all five last to tally states.

North Carolina
Pennsylvania
Nevada
Georgia
Arizonia

They counted the mail in votes last as prescribed by state laws which were created by republican controlled legislators.

if you can prove this bolded line wrong with documentation > I will retract my post.
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November 06, 2020, 08:12:28 PM

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

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
Let me avoid to comment on what's happening price-wise. I will speak only after 20K

Do you promise no speaking?    Cheesy Cheesy Cheesy

Anyway, here's who's making money, tons of money thanks to the yellow friend
https://www.theblockcrypto.com/post/83748/square-earnings-q3-cash-app-bitcoin

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?

Hey oh, WO!  Grin
Let me avoid to comment on what's happening price-wise. I will speak only after 20K

Anyway, here's who's making money, tons of money thanks to the yellow friend
https://www.theblockcrypto.com/post/83748/square-earnings-q3-cash-app-bitcoin

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 Cheesy Cheesy Cheesy

On a more 'serious' note then my view of dubious 'gold diggers' and BTC/Crypto in this thread. Smiley

I made a thread, along this theme of when to retire due to Real Life Issues and to do advise a much better job than I did on such. Or just aproach real life issues

in general and the sale of BTC/Crypto in a better manner than I did on my retirement!

In my case, due to circumstances in the abov thread it was the 'right' thing to do, but I did not put in enough though into the possiblity and my real

life goals of a 19K previous ATH (when I retired 2 years out of 3.5 years with BTC/Crypto) the possiblity that it could even concievably drop below 10k again.

Indeed, I sold for real-life issue 13 BTC and recovered 5 BTC..so 8 BTC down at $3,900 usd.

So anyway, the thread is 'don't be me' (unlike now, me that is, not relying on BTC/Crypto for real-life issues...) So 'now' it don't matter much being stupid

with real life issues and the selling and hodl'ing of BTC...back then..well...I coulda/shoulda handled it better..so a cautionary taie in the below thread.

https://bitcointalk.org/index.php?topic=5287244.msg55535263

Anyway, my 'stumbling' about may be helpful to someone, before they to are 'completely' taken in by BTC/Crypto Kool-Aid on this BTC ATH.

Just something to be aware of, which at the time...I should/coulda done a bit better...even though in the end it has all worked out fine.

Brad
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November 06, 2020, 08:22:07 PM
Last edit: November 06, 2020, 09:08:15 PM by STT

Trump’s strategy to avoid voting by mail may have cost him enough Republican votes to lose this one.

Didn't he vote by mail himself?

No its a big news event and cameras to vote in person so thats what he did and with no delays or queuing like the common folk.    

Quote
strategy to avoid voting by mail
I dont care who was for it or not but voting by mail even in a normal year is going to increase votes and voting percentage from your supporters.   Its far more convenient and efficient to vote that way, not everyone has the time or energy left to spend hours to wait to vote, people have family, jobs and commitments and literally are too poor/busy to waste time in this way.     Either side it does not matter, if they discouraged voting by post they were losing votes to their candidate to do that so yea definitely a mistake in any country I believe.     Pretty sure Trump was let down by his campaign staff going with that idea, perhaps the cart was leading the horses at that point.

Quote
new ATH before 1st January 2022
Even I wouldnt have bet against that one without some nice odds, unless it was matched also with the opinion there'd be a new yearly low between then and now.
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November 06, 2020, 08:51:57 PM

#dyor

dragon shows fangs
1h


4h

#stronghands
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November 06, 2020, 09:00:41 PM

For some strange reason, Bossian has not been very active in recent times.

He owes me 0.05BTC if (when really) we reach a new ATH before 1st January 2022.
He probably won’t return!

https://bitcointalk.org/index.php?topic=5205829.msg53223585#msg53223585

That's not a bet.  ATH before 01 01 2021 could be a challenging question, but 2022.  Phhhh.
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November 06, 2020, 09:18:07 PM

short butterfly fibs

 Kiss
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November 06, 2020, 09:21:29 PM


This is one of those pinch me if I'm awake moments. After so much suffering throughout the last 3 years, the price hit $16K during the night. Currently it is stabilizing around $15.6K, which is better than going straight to $17K. On a more personal layer, I've contemplated for a year about a similar scenario. Don't judge me, but I've sold 1.6% of my stash for the first time after the 2017 crash.

The reasons are multiple. First, I'd drained both my credit cards to buy in $3K area in 2018. Second, I'd taken a loan to buy in March increasing my stash by 5%. I was too confident that $7K was a good price and the covid pandemic wouldn't affect the price. Hours later the price fell below $4K. So I basically was in mindrust's situation. But I decided to wait to see what will happen in 1 year. Now I have >3x profit from my loans.

I look upon this more like a variation of a long position with borrowed funds from the bank, but a hodler style. I'm not a trader, and never will be. In the mean time several devices went almost out of order and wait in line for a replacement - my phone, tablet, washing machine and tv. There are always expenses for the car as well. So my decision is completely justified and I am feeling good about it. This is a small reward for all the nerves and stress for both me and my father. Now he is shocked in a good way that all my predictions for the price shooting upward were correct. And he is congratulating me for the nerves and cold blooded hodling.

And finally, currently the fiat equivalent is more than enough for the main goal which I set for myself in 2017. In terms of fiat the difference is more than 5x. What will happen in 2021 is another story. I expect some remarkable highs which will tempt me to cash out and quit my job. Hopefully, I will keep most of my stash and sell only what I really need. I really love my job, but sometimes it is ridiculous to dress up, drive to work, check the price and see that during the drive I've earned the equivalent of my salary for many years of work. Not a great stimulus for work, but I don't complain Smiley

I will quibble with your assertion of your own entering a mindrust moment - even though I can appreciate what you are suggesting about being in a similar "overleveraged" position and playing it in a non-cracking way, as opposed to mindrust's now emblematic cracking way.

In other words, well played sir! 

Sounds like you were in a bit of a tense situation, and that you had gambled a bit much in a way that ended up paying off decently well - use of leverage, which is usually NOT recommended (but if so, to attempt to accomplish, sparingly), and better to lock those gains (in order to pay off the debt that you incurred instead of gambling on UP that might end up petering out.. NOT saying that such UPpity is going to peter out, but many of us recognize that it is NOT good to risk your luck too much and don't let the perfect be the enemy of the good.

We aren’t due to hit $20k in 2020.  If we do, we are ahead of schedule.  Next year more likely.



Welcome back, Hairy dee party poop wannabe.   Cheesy Cheesy Cheesy Cheesy

Sure, even though we are not scheduled to hit $20k for this here calendar year, surely any of us can appreciate that such ATH vicinity numero is surely within fair strikening distancia, given some of the macro dynamics of the current times....

In udder wooords, should not be a total slave to the 4-year fractal, smacktal!!!!   Angry Angry  #nohomo.
xhomerx10
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November 06, 2020, 09:29:00 PM

On the airport.... Time to let of some steam in a better temperature as in Belgium

Meanwhile BTC, stay on track, love it....

 So you're coming to Canada El duderino_?  We are having the most unseasonably warm weather in... well ever  Shocked





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November 06, 2020, 09:37:18 PM

On the airport.... Time to let of some steam in a better temperature as in Belgium

Meanwhile BTC, stay on track, love it....

 So you're coming to Canada El duderino_?  We are having the most unseasonably warm weather in... well ever  Shocked


@xhomerx10 its very long time you promise when I will full member you will design a cap for me I was member now I am full member and can wear cap so when its coming ?  Smiley Grin
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