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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26485184 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.)
JSRAW
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August 23, 2022, 04:39:23 PM

The James Webb telescope took some pics of Jupiter.






Also this, i mean i raise you.

https://twitter.com/NASAExoplanets/status/1561442514078314496
mRTHroo
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August 23, 2022, 05:00:19 PM

Bitcoin broke below the bear flag last week.

support hold at 20,700, current monthly low.

next supports: 20k, 19,666 and then the 17,792 fibo level that helped to catch the June low.

The fact that this isn't selling off harder to go along with equities an item of note...

$BTC




source
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August 23, 2022, 05:01:19 PM


Explanation
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bitcoin retard


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August 23, 2022, 05:02:50 PM
Merited by JayJuanGee (1)

... crypto world ....
... crypto is solving.......crypto companies.... to do some staff ....Crypto world is like .....

is this cRyPTo wOrLd with us in the room, right now??


Or, are you talking about useless pump&dump shitcoins, here ? 

Go 'n get some bat-slaps from JJG
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August 23, 2022, 06:02:39 PM


Explanation
Hamza2424
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Payment Gateway Allows Recurring Payments


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August 23, 2022, 06:23:10 PM

This is How Blockchain Works Huh
Haha 😂
Check the Real time Block mining i hope you wont regret.

https://twitter.com/bestbitcoinmeme/status/1562073897880756224?t=jdKbqfdZu2m4ZmBViZmzSw&s=19
cygan
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August 23, 2022, 06:43:50 PM
Merited by Hueristic (1), JayJuanGee (1)

WatChe
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August 23, 2022, 06:46:56 PM

It's a reality that no one cares something that's price is cheap, no matter how much valua it has.





https://twitter.com/bestbitcoinmeme/status/1562052635825414144?t=MesnS8inX5kSwJoLm_eIaA&s=19
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August 23, 2022, 06:50:38 PM
Last edit: August 23, 2022, 07:01:52 PM by JayJuanGee
Merited by vapourminer (1), Hueristic (1), WatChe (1)

If whole world is under debt then who is the lender Huh

Great question, think again.. I will give you some more minutes.. 3.. 2.. 1.. Okay you couldn't figure it out, maybe it's us the people who are lending them money for their shit in terms of Tax?

It no doesn't work like that.

The government's receipt of tax would be an actual asset onto the balance sheet of dee gob ment and reduce the amount of their debt.....    

A debt means that the gob mnt... has been too scared (or sneaky) to actually levy a tax that would show how much things actually cost (or how much they are spending), so instead, they do the chicken shit action of getting the money anyhow by issuing debt and.. they are borrowing from rich people and countries (who may have had to pay taxes in the past, but instead these entities do not pay tax (or frequently they are not paying as much tax as they are claiming to pay.. through their whining..), instead the rich peeps, companies and even udder gobermnts lend money to the various gob ermnts and receive interest on how much they lend.... .. however, when they start to lose confidence in the gob mnts willingness or ability to pay back (or even the fact that some of the gobernments might start seizing accounts), then they lose confidence and they do not want to lend anymore....  

because they do not want debts denominated in an asset that might go to zero or get seized... so then at that point, sometimes the governments will make matters worse by buying their own debts in a kind of circle jerk.. which surely is through money printing (even though they say that it is not)... .. and of course, the people do end up paying for all of this in the end because the prices go up because the money is way less scarce... and not really based on anything.. and taxes are not covering expenses.. which also leads to a kind of snowballing effects of desperation in that the governments want to start taxing more when they probably should have either been taxing more from the start or at least living within their means from the start, but hey, it is too late for any of that kind of prudence.. so they still get desperate to receive taxes because even they know that the money printing cycle is not sustainable..

seems like a mess and seems like we have no way out of this mess.. right?.   I cannot think of any way out, except to be depressed about the whole matter.

Here is list of top indebted countries of the world.

Almost all big economic powers like USA, Japan, China are prominent in this list.

If whole world is under debt then who is the lender Huh




Source: VGraphs Facebook Page

The United States of America is in debt to me and my wife.

In fact any US citizen can buy an I bond and the US gov will be in debt to them.

My wife and I plan to increase the USA’s debt to us every year for the next five years.

Even if you are wanting to stay somewhat liquid, that's a pretty dumb investment...

Have you ever heard of Cornz..? I think they call it dee cornz.

Here is list of top indebted countries of the world.

Almost all big economic powers like USA, Japan, China are prominent in this list.

If whole world is under debt then who is the lender Huh


Source: VGraphs Facebook Page
Most of these loans are from their own people. Like the countries take loans from their people primarily selling bonds. Insurance companies and pension funds lend money to the govt by collecting bonds. Other countries, IMF, the world bank, and JAICA are also some sources of funds for the under develop and developing countries.

Various governments mandate certain investment funds to have to buy a certain level of bonds.. something like 40%.. so yeah, they lock in purchasers of their shitty bonds, but in times like these, these guys who are forced to invest in bonds with their funds (and even their quasi-public pooled funds) are likely going to get more and more disgruntled regarding how the bond portions are ongoingly dragging down the performance of their whole investment portfolios.. and even causing disgruntlement of the end users too. .who want to be able to live off of the appreciation of their investments.. which are underperforming the market and even underperforming the cost of living.. real negative returns on an ongoing basis is not good for morale.. Maybe at some point they will be able to have some flexibility to diversify some of their managed funds into some likely to be higher performing assets (if they could figure out what the higher performing asset might be? and how to diversify such fund.. 1% to 25%.. and can even error on the lower side of the amount and do much better.. methinks.. . .no guarantees of course... but we have some ongoingly trying times in front of us regarding how some of these funds are going to continue to perform, no? and will disgruntledness lead to insolvencies, too?.. or at least cuts in how much benefits some of those funds can pay out and maintain sustainability... did you hear about the Canadian trust fund that invested in Celsius?. these entities are desperate and greedy for returns.. ).
NotATether
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August 23, 2022, 07:58:37 PM



Eventually all CEX exchanges will end up like this. You can't avoid KYC/AML laws. Best one could do is be based on some tax haven and hope they aren't forced by some supranational entity, but the way I see it is that even tax havens will be a thing of the past within the next decade or two. All exchanges that get big enough will get forced to comply. Add in the fact that they will remove cash. Basically you'll have no way out to the fiat world without KYC.

Wait, has anyone here thought of dodging the KYC requirements by buying mining gear beforehand, like a dozen or so Antminer s9's, and then showing them the receipt when they are confronted with KYC?

That would be a good scheme, pretending that you're making a steady amount of BTC per day pool mining. Most exchange employees can't do the math with miner ROI and profitability.
ChartBuddy
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August 23, 2022, 08:04:51 PM


Explanation
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August 23, 2022, 08:17:25 PM
Merited by WatChe (1)


If whole world is under debt then who is the lender Huh


This YouTube explains how it works. Same principle for banking systems in the rest of the world...

https://youtu.be/iFDe5kUUyT0
JayJuanGee
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August 23, 2022, 08:18:48 PM
Merited by Gachapin (1)

Eventually all CEX exchanges will end up like this. You can't avoid KYC/AML laws. Best one could do is be based on some tax haven and hope they aren't forced by some supranational entity, but the way I see it is that even tax havens will be a thing of the past within the next decade or two. All exchanges that get big enough will get forced to comply. Add in the fact that they will remove cash. Basically you'll have no way out to the fiat world without KYC.

I think right now you can not get out of the fiat world without leaving any trace. You must have to jump into the crypto world through a fiat gateway that has your KYC. We are still forcefully connected with the fiat world.

Fiat has its limitations and crypto as well. There are many problems that crypto is solving that fiat can not but most of this has been done by some individual companies and users have to switch from different service providers or crypto companies to do some staff. The Crypto world is like a messed up unguided place with tons of projects. This unguided territory also makes this place boundless which speeds up the rate of new ideas and innovation.

What is crypto..?  and crypto world?

OMG...  Shocked Shocked Shocked

... crypto world ....
... crypto is solving.......crypto companies.... to do some staff ....Crypto world is like .....
is this cRyPTo wOrLd with us in the room, right now??

Or, are you talking about useless pump&dump shitcoins, here ? 

Go 'n get some bat-slaps from JJG

Hahahaha

I was beaten to the punch.... no problema..
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August 23, 2022, 08:27:07 PM
Merited by fillippone (9)



https://twitter.com/btc_archive/status/1562169257198321666?s=21
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August 23, 2022, 08:57:02 PM


Surely needs KYC.
But does anyone need this?
ChartBuddy
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August 23, 2022, 09:01:23 PM


Explanation
fillippone
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August 23, 2022, 09:45:00 PM
Last edit: May 15, 2023, 11:47:28 AM by fillippone
Merited by Hueristic (1)

This is hyuge!


Hueristic
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August 23, 2022, 09:59:47 PM

I cannot think of any way out, except to be depressed about the whole matter.

The only way out is to scrap the whole fucking system and design a new one.

I recommend it being based on time as the commodity and that time can then be ratioed for everything of value.

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August 23, 2022, 10:04:52 PM


Explanation
Gachapin
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August 23, 2022, 10:27:25 PM

This is hyuge!



They have had their Binance Visa card for several years now.  

Isn't that just the Master Card version of it?


Edit:
Don't want to spoil any fun in the bear market boredom.  But I'm honestly curious...


Edit 2:
Maybe we aren't in a bear market but just in a temporary summer correction... Cool
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