Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16209. (Read 26619939 times)

legendary
Activity: 3780
Merit: 5429
Sometimes, Torque, it seems like you live in a terrifying echo chamber, and then sometimes, you clearly have a lot figured out.  That last post would figure in the latter category, by my way of thinking.
One does not necessarily exclude the other. More people are waking up, and there are multiple levels to this.

Yeah guys, I know my posts can sound pretty extreme and "preachy". They probably come out more that way on the screen than they sound in my head. I'll try to tone it down. I would welcome feedback and conversation.

It's just.... our world financial and economic problems on the horizon are so much worse than most would believe, and the game has been heavily rigged. It's just everyone is living it in slow motion at the micro level, so they don't notice what's really going on at the long term macro level. But I hear them grumbling about it... at work... at the grocery store... at the gas station. Everyone's standard of living and wealth is steadily declining, but they don't know why. They can't put their finger on it. Slowly over time, everyone is feeling its effects. And it's getting worse and worse.

I've taking the red pill. I see it now. But I know I don't have all the pieces or all the answers. Still learning.
legendary
Activity: 1260
Merit: 1116
Speaking of Romanians, anyone knows what Mircea Popescu of MPEX fame think of upcoming November fork and current market price?
Or is he too obsessed with existential ramblings and the fair sex to bother with such tripe?

That strange fellow can think as he pleases. He was always in favour of 1MB blocks as I recall, so he'd probably side with Core.


I put out the Mircea signal. Let me know if he shows up.
legendary
Activity: 3512
Merit: 4557
Bitcoin will blast through $5000 within 1 week.
newbie
Activity: 49
Merit: 0
Looks like it really wants to punch through ATH, at this rate it can't be more than a week until it happens.
legendary
Activity: 2268
Merit: 1278
Sometimes, Torque, it seems like you live in a terrifying echo chamber, and then sometimes, you clearly have a lot figured out.  That last post would figure in the latter category, by my way of thinking.
One does not necessarily exclude the other. More people are waking up, and there are multiple levels to this.
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
Sometimes, Torque, it seems like you live in a terrifying echo chamber, and then sometimes, you clearly have a lot figured out.  That last post would figure in the latter category, by my way of thinking.
legendary
Activity: 2842
Merit: 1511
Speaking of Romanians, anyone knows what Mircea Popescu of MPEX fame think of upcoming November fork and current market price?
Or is he too obsessed with existential ramblings and the fair sex to bother with such tripe?

That strange fellow can think as he pleases. He was always in favour of 1MB blocks as I recall, so he'd probably side with Core.
legendary
Activity: 3780
Merit: 5429

Quote
Ms. Ford says she had a 45-year-old client recently come to her with a plan to liquidate a majority of her retirement savings and invest the proceeds, after taxes and penalties, in bitcoin.

"Go for it" isn't really prudent financial advice. At least they're getting warmer.

She's 45 years old and probably not seeing a good retirement nest egg on the horizon. I say YOLO.

Has worked out for me the last 4 years. Like, ridiculously. Made more gains in 4 years with Bitcoin than I could have done in 15-20 in the stock market. The one thing that we all don't have is more time.

Also remember, the old establishment system of financial planners, IRAs, 401ks, and mutual funds is a complete and total scam. They desperately NEED all Average Joes to stay locked into the retirement planning system until they're 65 so they can skim everyone's gains and charge ludicrous 'management' fees, taxes, and early exit penalties. And every 7-9 years they'll walk back everyone's paper gains with another market correction or crash, resetting everyone back over and over again. What you end up with at retirement is FAR less than what you are promised or what you deserve.

But if all Average Joes leave the system, it's like a bank run.... everything collapses.
legendary
Activity: 1260
Merit: 1116

Quote
Ms. Ford says she had a 45-year-old client recently come to her with a plan to liquidate a majority of her retirement savings and invest the proceeds, after taxes and penalties, in bitcoin.

"Go for it" isn't really prudent financial advice. At least they're getting warmer.
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
How long until the next dip?


You gotta define your terms a bit better, Eric.

In your question, what is a dip, exactly?  2% 5% 10%? 20%  40%?

And, dips are different if they come after a price rise, too.  So if the price goes up 30%, then a large dip becomes more likely rather than if the price just goes up 3%.

Right now we seem to have some ongoing upwards pressure that is tempered by FUD - especially some questions concerning various ramifications of the segwit2x fork and whether various allegiances could cause migration of other important actors and/or users or whether the hardforkeners have enough resources at their disposal to leverage migration of more of the network to their side....  

Yet, there seems likely to be enough legs, right now, that we are going to get some piercing of $5k to bring us at least to $5,400 within a week or two  (Currently, I am thinking that getting past $5k will put us into the $5,400 to $5,800 range, at minimum)- and if there remains some questions about buying support there could be a "dip" from that point... on the other hand, failing to break through $5k could also result in a dip, which seems a bit less likely at the moment, but who am I?  Nostradamus?
legendary
Activity: 3780
Merit: 5429
Another winner from the MSM:

Should Individuals Invest in Bitcoin? In a Word, No.
https://www.wsj.com/articles/should-individuals-invest-in-bitcoin-in-a-word-no-1507730402?mod=e2tw

They gotta keep that gaslighting going, yo!
full member
Activity: 140
Merit: 100

I think it's important to note that Romanians are generally quite direct; I'm sure there was no malice intended in his comment.


Speaking of Romanians, anyone knows what Mircea Popescu of MPEX fame think of upcoming November fork and current market price?
Or is he too obsessed with existential ramblings and the fair sex to bother with such tripe?
hero member
Activity: 658
Merit: 503
Bear with me


Still waiting for all-time high... Go bitcoin go!
legendary
Activity: 1596
Merit: 1061
Smile
It begins
https://www.acchain.org/en/
https://bitcointalksearch.org/topic/ann-acchain-the-tool-of-asset-digitization-1908143

digitization of your assets

from what i have heard

they created a token for tea in a warehouse and sold it as an ico          
tea              
https://www.acchain.org/en/news_detail.html?id=84

they bought land in texas and created a token for the land and sold it.
real estate    
https://www.acchain.org/en/ret_ico.html (invitation only)

Is this the SDR special drawing rights of the IMF to enter the blockchain

and will it result in making bitcoin illegal?
member
Activity: 231
Merit: 43
How long until the next dip?


I think we will get to 5200 and then it'll sharply drop to 4500-4700 again. We will get a taste of the 5s and then back to where it's comfortable.

I have nothing to back this up, it's just purely my feeling.

Edit. This is ruling out any fundamentals that may arise.

 In that case, please keep us abreast of any new fundamentals that develop.



Jimmy has also changed since the old days
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
It's 2017, Jay. Why are you still using Localbitcoins?


I consider localbitcoins as a kind of arbitrage opportunity that supplements my trading and even allows me some ways to interact with real peeps - including some ability to pull some cash out - or at least have some actual cash sitting on the sidelines.

Is there something else that works better?  

Surely, if Localbitcoins seems to be serving as a vehicle for certain excessive risks, then there could be a consideration to discontinue with it completely or maybe to change the advert terms and perhaps lessen some of the exposure?


It's 2017, Jay. Why are you still using Localbitcoins?

What’s wrong with LocalBitcoins? On the rare occasion that I’ve sold some of my stash I’ve sold there. Never had a problem with them as long as you sell to somebody with multiple 100% positive feedback.

I don't know if it is feasible to screen out folks based on "multiple 100% positive feedback" because a large number of my interactions are with newbies - and once I do one exchange with them, I invite them to engage in direct transactions, as long as they seem cool.. at least on the buying BTC from me angle.  I still remain a bit hesitant to give folks cash, if there could be ways for them to reverse the transaction on the blockchain, so going through local bitcoins seems safer from that angle, for me.




legendary
Activity: 3808
Merit: 7912
How long until the next dip?


I think we will get to 5200 and then it'll sharply drop to 4500-4700 again. We will get a taste of the 5s and then back to where it's comfortable.

I have nothing to back this up, it's just purely my feeling.

Edit. This is ruling out any fundamentals that may arise.

 In that case, please keep us abreast of any new fundamentals that develop.





legendary
Activity: 1596
Merit: 1061
Smile
Because events like this unfold, I protest the root of it by supporting something better. BTC
To me it feels like the only solid recourse I have to fight with outside of speaking to others what I see.
Bitcoin is more deadly than guns for the 1% and if we succeed, it will be because enough see it the same way.


Amen! I just don't want to play the same old game. Wondering what is and isn't government manipulation, or if the means could ever justify their "end".

I am not really paranoid or care much for the charade upon charade of politics (especially US). I just want my books, a sailboat and financial freedom.

thoughts and prayers though, of course of course

Ancient Slavery
Yesterdays Monarchy
Todays Governemnt



Getting better everytime

it is always there, something/someone trying to overpower the herd


live within the repercussions of the time and always do it your way


legendary
Activity: 3808
Merit: 7912
A late good morning Bitcoinland.

I see we're more than half way back after yesterday's deep correction/profit-taking... currently $4858USD/$6079CAD (Bitcoinaverage).

AltCash continues to slip... currently $313USD/$391CAD (Coinmarketcap).

While a little consolidation is good, I think it's about time we moved on up to a new ATH.

Go Bitcoin go.
We all know this, anything new?

You, sir, are not exactly getting off on the right foot here.

+1
Jimbo's Canadian morning updates are an institution and very much appreciated.
You must be new here...

I think it's important to note that Romanians are generally quite direct; I'm sure there was no malice intended in his comment.
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