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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370662 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.)
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December 29, 2020, 11:22:37 PM

SEC is not a BTC risk.  There is a huge difference between XRP and BTC.  Ripple Labs is a corporation that prints and controls XRP.  There is no equivalent in BTC (and no Blockstream is not the same).

The SEC is doing us a favour by killing off competing shitcoins.  Bitcoin dominance will soar further.  

I also see it like this. I doubt the SEC is going to target ETH though. The case is not as easy as it is for XRP, and interest in ETH is probably already widespread enough (among largish companies and potential lobbyists) to have crossed the too big to fail threshold.

Grayscale have a ETH trust don't they? Frankly, I don't think these guys would do it without knowing ETH won't be banned by SEC. You just don't gamble with that boatload of fiat.  Grin

Grayscale has XRP in their Digital Large Cap Trust....

Yeah but they have around 5 billion (if I remember correct in ETH) and only 7 million in XRP.  Grin
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December 29, 2020, 11:27:24 PM

Pretty much a straight line (or rather ever accelerating parabola) since roughly 11K and no, we can't reach 100K without some corrections (at least 20%).
I am not even sure what is the argument to not have corrections, unless you are in a highly leveraged position. If so, good luck on your "luck".

Hmm that doesn't look like a straight line to me:



Perhaps we are looking at different graphs? I'm not a TA expert or something I'm just sharing my point of view.  Cool And no, I don't play with leverage.



look at the weekly...it is a parabola, no doubt about it..., albeit an early/short one.

Possibly, but do weekly parabolas count?  Grin 
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December 29, 2020, 11:28:26 PM

Projects like ETH or ZEC should be feeling a little wriggly though.

Charles Darwin had a phrase for that.
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December 29, 2020, 11:35:47 PM
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Projects like ETH or ZEC should be feeling a little wriggly though.

Charles Darwin had a phrase for that.

So did P.T. Barnum.
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December 29, 2020, 11:36:56 PM

This is very strong finish to the end of tax year.  No tax losses to harvest?  

Does this mean that early January will see a dump of profit taking with taxes put off until March 2022?

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December 29, 2020, 11:38:32 PM
Merited by vapourminer (1), AlcoHoDL (1), FullNode (1)

our AI Overlords are now fully mobile

Boston Dynamics-Do you love me?
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December 29, 2020, 11:44:44 PM

our AI Overlords are now fully mobile

Boston Dynamics-Do you love me?

Holy fuck. Based on that, I think we will have will have humanoid robots in our homes by 2030.  

A buddy has a robot mower for his lawn.  And it’s starting to make sense to replace our lawn guy with a robot...
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December 29, 2020, 11:48:22 PM

our AI Overlords are now fully mobile

Boston Dynamics-Do you love me?

Holy fuck. Based on that, I think we will have will have humanoid robots in our homes by 2030.  

Asimov's "I, robot" stories were some of my favorites when I was in mid school.
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December 29, 2020, 11:48:53 PM

SEC is not a BTC risk.  There is a huge difference between XRP and BTC.  Ripple Labs is a corporation that prints and controls XRP.  There is no equivalent in BTC (and no Blockstream is not the same).

The SEC is doing us a favour by killing off competing shitcoins.  Bitcoin dominance will soar further.  

I also see it like this. I doubt the SEC is going to target ETH though. The case is not as easy as it is for XRP, and interest in ETH is probably already widespread enough (among largish companies and potential lobbyists) to have crossed the too big to fail threshold.

Grayscale have a ETH trust don't they? Frankly, I don't think these guys would do it without knowing ETH won't be banned by SEC. You just don't gamble with that boatload of fiat.  Grin

Grayscale has XRP in their Digital Large Cap Trust....

Writing it off won't be enough to blip the bottom line as BTC explodes...   I'm sure there's a tax incentive in there somewhere...

You are correct. XRP is only 1.6%.



I see 16.9% of hot garbage in that fund. Do HNW investors do no research at all?
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December 29, 2020, 11:55:00 PM

Want LOLs?  Check this out

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December 30, 2020, 12:12:07 AM

It looks like we are going to be rich again soon.
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December 30, 2020, 12:12:41 AM


upload persgroep

https://twitter.com/bitcoinmemehub/status/1343825802622726151?s=21
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December 30, 2020, 12:13:42 AM

RIPple ...  Cheesy Cheesy

BTC looking strong here, picking $30k in not too distant future ...
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December 30, 2020, 12:27:42 AM

WOPPP soon ?
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December 30, 2020, 12:32:58 AM

WOPPP soon ?

$14 to go

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December 30, 2020, 12:36:19 AM

We need to post moar.
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December 30, 2020, 12:50:39 AM

Moar Christmas cards please! Smiley
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December 30, 2020, 01:11:31 AM

Well 27,775 today need a bit more.
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December 30, 2020, 02:18:09 AM
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https://twitter.com/100trillionUSD/status/1343879012729421827

Quote
price is tracking Stock-to-Flow model like clockwork.  If BTC does follows its historical path, we will take out gold in 2021-2024, and real estate 2024-2028. After real estate we can not interpolate anymore and have to extrapolate, uncharted waters, hyperbitcoinization?

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December 30, 2020, 02:19:53 AM

Yes, each post on WO is another dollar in the pocket from each bitcoin HODLed.

So should we post TA (Transactional Analysis) or TA (tits and asses)?
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