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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372542 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.)
El duderino_
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August 20, 2021, 11:41:25 PM



... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

+1 WOsMerit

this is the Way

The few million bucks a coin party will be hosted there

WO’s exclusively
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ChartBuddy
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August 21, 2021, 12:01:33 AM


Explanation
Elwar
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August 21, 2021, 12:01:45 AM

When $50k?
JayJuanGee
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August 21, 2021, 12:08:05 AM



... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

+1 WOsMerit

this is the Way

The few million bucks a coin party will be hosted there

WO’s exclusively

You are going to need more than 0.21BTC then.

You must be shooting for the next level up.. 2.1 BTC.?

When $50k?

Soon tm
Diced90
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August 21, 2021, 12:09:35 AM

When $50k?

SOON Cheesy
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August 21, 2021, 01:01:25 AM


Explanation
ImThour
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August 21, 2021, 01:09:50 AM
Merited by JayJuanGee (1)

Bitcoin went up 68% in 31 days.  Wink
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August 21, 2021, 01:13:04 AM



... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

 ...of your palace, King El duderino_ ?  Wink
Biodom
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August 21, 2021, 01:38:29 AM
Merited by Richy_T (1)

Gosh, some people (or entities) on this board think that if someone posted that bitcoin can go lower means that he/she is shorting.
Get it into your algorithm that some people can hold or balance several potential outcomes simultaneously (contrary to your one-dimensionality) and act (or not act) accordingly.
I guess, you sold a bit based on my fleeting opinion? Don't listen to me and don't read what i write.

Besides, I already told everyone here that I don't sell bitcoin anymore (no need)..only slowly accumulate via mining and alt sells.
I also said that my shtick in the future would be to borrow against btc so there would be NO cap gains due to the incoming US cap gains tax bacchanalia.

..so, your digs, Bender-boy, sound just laughable to me.
Like a stupid joke.

cAPSLOCK
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August 21, 2021, 01:57:44 AM
Merited by JayJuanGee (2)

With Coinbase seemingly trying to take the BTC investor crown away from Microstrategy we have the fuel to get above $50K. Then we can watch media articles push us back above new highs. I think in the next 60 days we’ll see a greater than $60K Bitcoin and once that happens we’ll see just how big this bubble is going to inflate. I suspect it will be quick and by Halloween it will be clear that the market is headed toward the moon.

Bah whatever.  What a freaking POX that Armstrong is on Bitcoin.  He has been anti-BTC for at LEAST six years, and their announcement is they will put their money in "crypto".  I actually believe that there are a few projects besides Bitcoin that do matter, so I am not even a maximalist.  Well i believe there is ONE.  And he won't list or hold that one for fear he won't keep getting to lick the boots of the state.  He picks the WORST, and has never understood why bitcoin matters as far as I can tell.  In a way it's win/win.  Either it's SUPER heavy BTC allotment (proving the point) or it's super heavy shitcoins, and he loses his ass.  Sadly the percentage of BTC in the mix is likely to hedge against total ass losing...

I hope with all my heart that they put WAY too much into shitcoins that end up getting clobbered.  Yet their "investment" will somehow legitimize the shitcoins.

He can't take any crown away from Microstrategy anymore than someone who specializes in slot machine gambling could win a WSOP bracelet.

Brian A. likely hides his true feelings about Bitcoin (and also shitcoins), because Coinbase has always been about buying/selling fees, and now their trading platform (fees for every trade). And the investing establishment (now shareholders) have clearly swayed him, i.e. "You must make more and more shitcoins available for trading on your platform!" Now they actually have to put $500M of shitcoins on their balance sheet to create liquidity for those scam markets, because without it there wouldn't be any liquidity at all. It's Penny Stocks 2.0 all over again.

High volume buying/selling/trading fees are the only thing that matters now for Coinbase's bottom line. They pretend to care about vetting all those shitcoins on their platform, but they really don't. As long as a shitcoin has some sort of narrative/angle to make it seem somehow valuable, that's all they care about.

You are surprisingly generous to scambulb.

And you might be right.

But to me he seems like he saw a 107 IQ sort of "electronic money!  Blockchain!!! Technology!!!" level Vision.  And has been blinded by the flashing lights and whizzing whirleygigs ever since.

I would put money on the idea that his position is something like: 
Quote from: not_a_real_quote
bitcoin was innovative, and was certainly the first mover in a sea of cryptofinancial innovation.  Sadly it has been passed up by the tech in newer projects.  And refuses to change by adding needed innovations and improvements to it's protocol such as increasing the block size limit.

It's very hard for me to believe, but I think it is really possible that he has never really understood the actual innovation that Bitcoin is.

Either that or hes a damned slimey evil genius who is OK with offering people carnival barker level risks to make himself the next technoking.

I sincerely hope Mallers crushes him to a pulp in the arena of the "bitcoin bank" world...
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August 21, 2021, 01:57:48 AM
Merited by fillippone (3), JayJuanGee (1), yefi (1), d_eddie (1)

It's Penny Stocks 2.0 all over again.

That's where the old wall street guard has been trying to take it for awhile now. Pump & dumps and the 'naked short' and 'stick it to the man' revolutionary narratives organized by fraudsters that ran rampant in penny stocks just repackaged for a new set of rubes that think they are geniuses when they are just in a bull market. All I can say is I'm glad I found this board awhile ago.
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August 21, 2021, 02:01:31 AM


Explanation
cAPSLOCK
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August 21, 2021, 02:07:53 AM



... are these the mythical sunlit uplands of lore?

I think it’s a picture of my back garden

Taken from my balcony

Year 2035-ish

+1 WOsMerit

this is the Way

The few million bucks a coin party will be hosted there

WO’s exclusively

I will most certainly come if allowed.

Then again, do I really want to go to a party where people like me are allowed?
cAPSLOCK
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August 21, 2021, 02:12:07 AM

It's Penny Stocks 2.0 all over again.

That's where the old wall street guard has been trying to take it for awhile now. Pump & dumps and the 'naked short' and 'stick it to the man' revolutionary narratives organized by fraudsters that ran rampant in penny stocks just repackaged for a new set of rubes that think they are geniuses when they are just in a bull market. All I can say is I'm glad I found this board awhile ago.

The thing that went down with GME is merely a foreshadowing of the hard destruction that awaits people who try to abuse a system that has no escape valve.
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August 21, 2021, 02:15:30 AM

It's Penny Stocks 2.0 all over again.

That's where the old wall street guard has been trying to take it for awhile now. Pump & dumps and the 'naked short' and 'stick it to the man' revolutionary narratives organized by fraudsters that ran rampant in penny stocks just repackaged for a new set of rubes that think they are geniuses when they are just in a bull market. All I can say is I'm glad I found this board awhile ago.

The thing that went down with GME is merely a foreshadowing of the hard destruction that awaits people who try to abuse a system that has no escape valve.

Care to elaborate? You mean over-shorting, hypothecation, etc?
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August 21, 2021, 03:01:33 AM


Explanation
philipma1957
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August 21, 2021, 03:22:22 AM

It's Penny Stocks 2.0 all over again.

That's where the old wall street guard has been trying to take it for awhile now. Pump & dumps and the 'naked short' and 'stick it to the man' revolutionary narratives organized by fraudsters that ran rampant in penny stocks just repackaged for a new set of rubes that think they are geniuses when they are just in a bull market. All I can say is I'm glad I found this board awhile ago.

The thing that went down with GME is merely a foreshadowing of the hard destruction that awaits people who try to abuse a system that has no escape valve.

Care to elaborate? You mean over-shorting, hypothecation, etc?


compare the sha -256 coins below


Just look at xec

0.000025 is now 0.000092

from viabtc.com mining earnings.

BTC
$0.4008 /T
48886.29 USD
16.08 EH/s
125.27 EH/s
686052
15.56T
2021-08-13 01:53:47

Guide

BCH
$0.4157 /T
697.05 USD
239.15 PH/s
1.59 EH/s
14386
209.55G
Guide

XEC
$0.5116 /T
0.000092 USD
9.10 PH/s
171.38 PH/s
634
21.18G
Guide
A  really solid shit coin pump happening as I type.

BSV
$0.3922 /T
170.95 USD
129.52 PH/s
427.33 PH/s
7013
53.11G
Richy_T
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August 21, 2021, 03:39:16 AM

I am very seriously considering a lawsuit. It does not just affect me, it means our business needs to deal only in bitcoin and cash to continue operating. Which is good for Bitcoin but excludes a lot of potential revenue.

The whole world needs to switch to bitcoin already. Being able to send someone money in seconds and being able to hold your money is far superior to handing it over to someone to beg permission to use.

You've probably considered this already but maybe there is a way to start something (separate from the seasteading) that would act as the bridge you need and cut out the middlemen. I have no idea how that could be done but it wouldn't be the first time a business was created because those that existed were not doing what they should.
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August 21, 2021, 04:01:25 AM


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JayJuanGee
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August 21, 2021, 04:01:34 AM

Gosh, some people (or entities) on this board think that if someone posted that bitcoin can go lower means that he/she is shorting.

Failing/refusing to adequately and sufficiently long could also be considered as a kind of shorting...

So, yes,  this entity does consider that your proclamation of our being in a bear market when we were at the bottom of this dip as a kind of evidence of your short or your strongly suggestive assertion that others should also fail/refuse to adequately go long because of your additional thoughts that there were decently large chances that BTC prices could correct into the sub-$20ks and did you not even throw out $15k as your  speculative number..

So yes, you could have been attempting to inspire peeps for those kinds of potentially low BTC prices that seem quite a ways removed from what actually happened.. as mostly went up from there.. quite nicely I might add.

Hopefully not too many peeps (or entities) were hurt by listening to uie poo-ie, including ur lil selfie.. even though it may well be good to lose some compassion for such ongoingly opportunistic bear market prognosticators.. look in the mirror if you are not sure of the referenced entity. (hint hint.. uie pooie)

Get it into your algorithm that some people can hold or balance several potential outcomes simultaneously (contrary to your one-dimensionality) and act (or not act) accordingly.

Get it into your algorithm that premature proclamations of bear market has consequences, and even this here algorithm has frequently attempted to assert that NOT only should peeps continuously be prepared for either price direction (psychologically and financially), they should also attempt to set their orders up in such a way that attempts to match their beliefs - while at the same time continuously attempting to prepare for either price direction.

I guess, you sold a bit based on my fleeting opinion? Don't listen to me and don't read what i write.

Largely, I kept my systems in place - even though I had already disclosed that I had a kind of ongoing practice of moving funds around in ongoing preparations for having funds available for a project that I had agreed to enter into.. so I still have not yet disclosed some of the details of how I had been moving funds around because that fund moving is still in process and I really do not want to provide too many details until it is either completed or close to completed (in the event that I ultimately do end up providing more details of what I did and how I did it and whether I conclude that it was successful or not.. or if there might be some things to learn from it, too)..

It seems to me that you and I had continued to be quite a bit a ways apart from arriving at an assessment that bitcoin was in a bear market or had entered into a bear market, and I recall also being quite a bit reluctant in discussing with too many specifics regarding what BTC prices would have caused me to get triggered into considering that either we were close to entering into a bear market or that we had entered ... and for sure you had been throwing out those bear market assertions since our late May 50% correction, and you made such assertions in way stronger ways the longer that the BTC price lingered in the $30ks. .... which for sure is not completely unreasonable because there were others making similar premature ongoingly wrong proclamations, too...so you were not alone in your wrongness or in your someone legitimate reliance on ongoing low BTC prices as evidence to support your premature ongoingly wrong proclamations.

Regarding your desire that I do not read what you write, it does seem that it is good that I am watching you and pointing out some of your ongoing and seeming persistent nonsense.. It could possibly help others too.. perhaps?  perhaps?  even though it does seem to cause some work on me to be pointing out your nonsense so frequently.. even though sometimes there is quite a bit of subtlety in the kinds of nonsense that you are setting forth, but there are likely others who have noticed some of your persistent panic states too.. which should cause some concerns for any of us to get caught with you if we were in a battle trench and we may well be a bit unclear about if you are going to become a burden rather than a benefit, right when you are needed to keep the enemy from overwhelming us.. you either run or turn your guns on the bitcoin allies... so not easy to put confidence in seeming soldiers like you.  

Besides, I already told everyone here that I don't sell bitcoin anymore (no need)..only slowly accumulate via mining and alt sells.

That might be all fine and dandy for you when you are seeming to be ongoingly inclined to prematurely call a bear market... even though you already likely have seen various assertions of my theory that you had failed/refused to adequately prepare for UPpity at several BTC price points..... so sure you are getting richer, just like a lot of us long term bitcoin HODLers / accumulators, but probably way slower than you practically and prudently could have if your viewpoints were not so frequently inclined towards premature bearisms... but yeah.. sure you may well perceive that you sufficiently and adequately protecting ur lil selfie... even if it takes you 25 years rather than 10 years to get to fuck you status...

hahahahaha

poor widdo ting-i-lie...

I also said that my shtick in the future would be to borrow against btc so there would be NO cap gains due to the incoming US cap gains tax bacchanalia.

Yes.. of course, you have repeatedly said that, and I have repeatedly told you that if you were to have something like 5 times fuck you status or even much more extraordinary numbers, you do not have to get so worried about your BTC spending choices..

In other words, getting to fuck you status or multiple levels of fuck you status is way more of a relevant and important state than it is to be talking about how you are going to manage your money once you get there.. because you need to get there first, before that nonsense about discretionary management concerns even become close to relevant.

So, let's get there first, and deal with the management later...

Part of the reason that you have to get so god damned preoccupied by irrelevant concepts of how to manage your fuck you status money is because you are way more likely to be gravitating in such low levels of fuck you status that questions of management becomes way more of an issue than it really should be.

Seems like I already mentioned to you also, so many damned times that if your goal of achieving fuck you status had been something like $2 million, you would have already gotten there on a relatively mildly aggressive investment of $100 per week... and sure, there might be some concerns about relying on spot price and there also might be some concerns about whether $2million is really enough.. but having something like 75 BTC (20 BTC purchased when you first got started plus DCA purchases at $100 per week in the past 8 years that add up to about 55 additional BTC) would not be a bad thing in terms of getting you quite a bit closer to fuck you status even if you are not assessing your fuck you status based on spot price or based on a $2 million entry level.

..so, your digs, Bender-boy, sound just laughable to me.
Like a stupid joke.

We can make jokes around here.. no problem.. but there can be some real world assessments that are important too.. in terms of trying to be careful in terms of throwing around confusing concepts that might lead more innocent peeps to shitty thinking and bad practices, and sometimes it is NOT clear if you are just caught up in personal distractions in your spreading of frequently bad information.
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