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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16335. (Read 26656920 times)

legendary
Activity: 1904
Merit: 1002
The push by govt organizations for more immigrants literally everywhere in the world is pretty simple.

Existing citizens are working less (and paying less taxes), and thus having less babies. And that long term trajectory doesn't sit well with the welfare states of the world that are getting deeper and deeper into debt.

Simply put, they desperately need more tax payers coming into the system to not only replace the ones dying off, but to breed new ones. Thus opening up the borders.

Remember, the welfare state is one giant Ponzi scam, that requires ever more scam suckers coming in. When that stops, the whole thing collapses.
The problem of course being that the immigrants turned out to be a net drain on the economy[citation needed], not even counting all the social problems and increases in violent crime and rape. But they always double down on bad ideas.

https://insight.kellogg.northwestern.edu/article/economic-impact-of-immigration-in-the-us
Quote
Over the long haul, they discovered, the presence of immigrants significantly benefits the economy. Areas with more historical immigration now have higher incomes, lower poverty and unemployment, and greater levels of educational attainment and urbanization.

The magnitude of the results was striking: if a county that experienced no immigration during this period had instead experienced median levels of immigration, residents today would have a 20 percent higher per capita income.
legendary
Activity: 3780
Merit: 5429
So BTC distribution problem might not be as bad as it seems.  For what it's worth.

also

1. At least the top 1% holders were brave early adopters that took great risk and therefore should be rewarded

2. At least the top 1% holders can't just whip up more btc like the Fed and indirectly hand it to themselves

3. The masses will always find themselves at the bottom of wealth distribution because they can't invest and hodl (long term vision vs. short term). The masses are focused on borrow and spend mentality.

4. Bitcoin shares and distributes the wealth WAAAAYYY more than something like a company IPO
legendary
Activity: 1464
Merit: 1136
BTFD mode aKtiv8ed!

Yeah, I'm smelling a pretty weak attempt at a dump so far. I guess we'll see.

Incidentally The Club did their usual drive by on Gold and Silver today. Managed to get Gold sub 1300, but by the looks of it I don't think it will last long.

There seems to be a longer game at play here. Somethings brewing within the next 6-10 months.

Always brewin' somethin they are but plans have to change when we stand against their moves in increasing numbers.  
full member
Activity: 140
Merit: 100
Anybody that remembers this sound is too damn old now.
https://www.youtube.com/watch?v=gFBLiHpkcOk
I also remember downloading porn pics with my 2400 baud modem. Was like a strip tease.  Grin When I upgraded to 14.4K, I thought that I was really flying. A 10 sec video clip only took about 30 minutes.
Those were sexy times lol.
The AOL chat rooms really helped my sex life.  Grin

I blame AOL for ruining Usenet with their free trial CDs.   Angry

Someone mentioned BTC distribution problem earlier.  I would just note that some of the "Big Whale" addresses might actually be owned by Exchange/Wallet (Servicer Provider).
I notice that Xapo alone appears to have at least 520,000 BTC in its cold wallet.  This is from watching them consolidating those BCH airdrop on the BCH chain.  Of course, they will never reveal this on the BTC chain.  Give that Xapo claims to have 25 million wallet and that Coinbase added 800,000 accounts in August alone, those "Big Whale" addresses could actually represent millions of users.  So BTC distribution problem might not be as bad as it seems.  For what it's worth.
legendary
Activity: 1260
Merit: 1116
sr. member
Activity: 406
Merit: 361
If only the Average Joes of the world would realize the truth about the inflation they experienced in the past, as well as the heightened level of inflation they will begin to experience in the coming decade, they'd do well to put savings into bitcoin just for that very reason: just to hedge against inflation and protect their purchasing power. The price rising > 5% per year should just be a bonus.

It shouldn't be about "making a quick buck."

But alas, they are too caught up in buying things and making debt payments to be concerned about savings. Just like the govt and the banks want them to be. Forever in debt and on the hamster wheel.

Kids in the west have not experienced runaway inflation. They will freak out when it happens again.
I remember - something I will never forget.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
Anybody that remembers this sound is too damn old now.


modemcoin requires small 1/2mb blocks Wink weeee
legendary
Activity: 1806
Merit: 1828
BTFD mode aKtiv8ed!

Yeah, I'm smelling a pretty weak attempt at a dump so far. I guess we'll see.

Incidentally The Club did their usual drive by on Gold and Silver today. Managed to get Gold sub 1300, but by the looks of it I don't think it will last long.

There seems to be a longer game at play here. Somethings brewing within the next 6-10 months.

But I want the BTC back that I sold at 3300 USD.  Cry
legendary
Activity: 3780
Merit: 5429
BTFD mode aKtiv8ed!

Yeah, I'm smelling a pretty weak attempt at a dump so far. I guess we'll see.

Incidentally The Club did their usual drive by on Gold and Silver today. Managed to get Gold sub 1300, but by the looks of it I don't think it will last long.

There seems to be a longer game at play here. Somethings brewing within the next 6-10 months.
legendary
Activity: 1806
Merit: 1828
Anybody that remembers this sound is too damn old now.

https://www.youtube.com/watch?v=gFBLiHpkcOk

I also remember downloading porn pics with my 2400 baud modem. Was like a strip tease.  Grin When I upgraded to 14.4K, I thought that I was really flying. A 10 sec video clip only took about 30 minutes.

Those were sexy times lol.

The AOL chat rooms really helped my sex life.  Grin
legendary
Activity: 1260
Merit: 1116
Anybody that remembers this sound is too damn old now.

https://www.youtube.com/watch?v=gFBLiHpkcOk

I also remember downloading porn pics with my 2400 baud modem. Was like a strip tease.  Grin When I upgraded to 14.4K, I thought that I was really flying. A 10 sec video clip only took about 30 minutes.

Those were sexy times lol.
legendary
Activity: 1464
Merit: 1136
BTFD mode aKtiv8ed!
legendary
Activity: 1806
Merit: 1828
Anybody that remembers this sound is too damn old now.

https://www.youtube.com/watch?v=gFBLiHpkcOk

I also remember downloading porn pics with my 2400 baud modem. Was like a strip tease.  Grin When I upgraded to 14.4K, I thought that I was really flying. A 10 sec video clip only took about 30 minutes.
legendary
Activity: 1260
Merit: 1116
Anybody that remembers this sound is too damn old now.

Believe it or not, I have a fax machine right next to me that makes exactly this sound, if I choose to use the handset instead of panel to make an analog dial call. 

I actually think I'd enjoy that. For some reason I find it soothing.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I tend to see the role of bitcoin in the future as a reference value, not so much a transaction currency or something that will completely displace fiat currency.

Ironically enough, we were looking into creating a cryptocurrency for our seastead and one proposed solution to the high volatility that would come with a new currency with no market was to use bitcoin as a reserve currency.
full member
Activity: 140
Merit: 100
Anybody that remembers this sound is too damn old now.

Believe it or not, I have a fax machine right next to me that makes exactly this sound, if I choose to use the handset instead of panel to make an analog dial call.
 
I forgot to add that it does not even have those "tone" sound when making a dial.  It's more like those "pulse dialing", https://en.wikipedia.org/wiki/Pulse_dialing ,
making those rotary dialing "clicking sound" that last forever when you dial something like "8" or "9".
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Last video game I played was Ms Pacman.  Cheesy (Although it was only a few weeks ago.)
That pill-popping hussy ruined my childhood.
Don't talk about my girlfriend like that.  Angry She was my best friend in High School. I had some good friends that were D&D characters, but they kept getting killed off.
BTCitnet  Cool  Lol
https://en.wikipedia.org/wiki/BITNET
d&d? >.>
https://en.wikipedia.org/wiki/MUD

Damn, MUD, BBS, Usenet, 2.4K baud modem, some of us are revealing our age here.   Embarrassed

I created my own MUD. The Four Lands. Strangely enough it's still running. Run by the person I handed it off to.

ISCABBS for me  Smiley
legendary
Activity: 1260
Merit: 1116
Anybody that remembers this sound is too damn old now.
full member
Activity: 140
Merit: 100
Last video game I played was Ms Pacman.  Cheesy (Although it was only a few weeks ago.)
That pill-popping hussy ruined my childhood.
Don't talk about my girlfriend like that.  Angry She was my best friend in High School. I had some good friends that were D&D characters, but they kept getting killed off.
BTCitnet  Cool  Lol
https://en.wikipedia.org/wiki/BITNET
d&d? >.>
https://en.wikipedia.org/wiki/MUD

Damn, MUD, BBS, Usenet, 2.4K baud modem, some of us are revealing our age here.   Embarrassed
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