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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16520. (Read 26709099 times)

sr. member
Activity: 854
Merit: 307
newbie
Activity: 12
Merit: 0


So in Russia they will make it legal and possible to trade Bitcoin and cryptos for the guys with deep pockets while the average worker will not be allowed to invest in it. This is pretty sad to read and I doubt it will work out.
Probably a thriving black market will exist beside that regulation, as I can not believe people who are aware of cryptos will accept getting robbed the opportunity to invest or speculate with that technology, which could change so many people's situations into a better life.

This is a misdirection to get the USA to think crypto isn't that important. Russia's weak economy can be bolstered if all its citizens bought BTC and they know this. Russia still plans to build massive mining infrastructure

Mining in russia is pretty much the most profitable place to mine

The fight for the last 5 million BTC will take many years and by then the electricity to produce 1 bitcoin will be over 10k even in Russia, and price of BTC probably be at least 100k

Intersting news - thanks for sharing - hopefully that will add a small increase to the long term value of BTC - good news in my opinion

Its not news just a speculation Smiley
hero member
Activity: 1011
Merit: 721
Decentralize everything
Everyone bought the dip?  Grin
legendary
Activity: 1484
Merit: 1029


So in Russia they will make it legal and possible to trade Bitcoin and cryptos for the guys with deep pockets while the average worker will not be allowed to invest in it. This is pretty sad to read and I doubt it will work out.
Probably a thriving black market will exist beside that regulation, as I can not believe people who are aware of cryptos will accept getting robbed the opportunity to invest or speculate with that technology, which could change so many people's situations into a better life.

This is a misdirection to get the USA to think crypto isn't that important. Russia's weak economy can be bolstered if all its citizens bought BTC and they know this. Russia still plans to build massive mining infrastructure

Mining in russia is pretty much the most profitable place to mine

The fight for the last 5 million BTC will take many years and by then the electricity to produce 1 bitcoin will be over 10k even in Russia, and price of BTC probably be at least 100k

Intersting news - thanks for sharing - hopefully that will add a small increase to the long term value of BTC - good news in my opinion
newbie
Activity: 12
Merit: 0


So in Russia they will make it legal and possible to trade Bitcoin and cryptos for the guys with deep pockets while the average worker will not be allowed to invest in it. This is pretty sad to read and I doubt it will work out.
Probably a thriving black market will exist beside that regulation, as I can not believe people who are aware of cryptos will accept getting robbed the opportunity to invest or speculate with that technology, which could change so many people's situations into a better life.

This is a misdirection to get the USA to think crypto isn't that important. Russia's weak economy can be bolstered if all its citizens bought BTC and they know this. Russia still plans to build massive mining infrastructure

Mining in russia is pretty much the most profitable place to mine

The fight for the last 5 million BTC will take many years and by then the electricity to produce 1 bitcoin will be over 10k even in Russia, and price of BTC probably be at least 100k
newbie
Activity: 12
Merit: 0
huge dump incoming i hear


Heard it from what source?

His posterior. He's gone full BCH and is now executing stunningly advanced psyops tactics on us all. I've never seen anything quite so refined in all my years of regime destruction.


It looks more like a slow decline from yesterday's blast up. Totally normal.




Retesting old all time high. Business as usual for technical trading

Maybe get worried if we close the week below 4300.

Just closed short and bought dip at 4507 plans to buy more if we can get down to 4450 today.
legendary
Activity: 1358
Merit: 1016
huge dump incoming i hear


Heard it from what source?

His posterior. He's gone full BCH and is now executing stunningly advanced psyops tactics on us all. I've never seen anything quite so refined in all my years of regime destruction.


It looks more like a slow decline from yesterday's blast up. Totally normal.

legendary
Activity: 2604
Merit: 3056
Welt Am Draht
huge dump incoming i hear


Heard it from what source?

His posterior. He's gone full BCH and is now executing stunningly advanced psyops tactics on us all. I've never seen anything quite so refined in all my years of regime destruction.
newbie
Activity: 46
Merit: 0
legendary
Activity: 2758
Merit: 1075
huge dump incoming i hear
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
So in Russia they will make it legal and possible to trade Bitcoin and cryptos for the guys with deep pockets while the average worker will not be allowed to invest in it. This is pretty sad to read and I doubt it will work out.
Probably a thriving black market will exist beside that regulation, as I can not believe people who are aware of cryptos will accept getting robbed the opportunity to invest or speculate with that technology, which could change so many people's situations into a better life.

Maybe they made that choice to be sure to tax every single winning trade.
A reason more for the black market to thrive.
legendary
Activity: 1442
Merit: 1016


So in Russia they will make it legal and possible to trade Bitcoin and cryptos for the guys with deep pockets while the average worker will not be allowed to invest in it. This is pretty sad to read and I doubt it will work out.
Probably a thriving black market will exist beside that regulation, as I can not believe people who are aware of cryptos will accept getting robbed the opportunity to invest or speculate with that technology, which could change so many people's situations into a better life.
newbie
Activity: 46
Merit: 0
How long you think we have to wait for see the bitcoin value be higher than the pages on this discussion? Grin Grin
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
+1

stay save with a hedge (BCH) against the future of BTC.

excuse me? BitCH would be a hedge on BTC risk? If BitCH succeeds in killing BTC, then:
1) There will be a general crash in crypto because it will be proved that they can be killed by such attacks; and
2) There are many better coins than BitCH to play with.
Draw your conclusions.
legendary
Activity: 3431
Merit: 1233
BCH longs got REKT. Nice.

legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
Just woke up to see that the Euro-land ATH was broken last night, and has now become 3870 €/BTC. And it looks like it's going to be broken again very soon!

I'm reading all the posts about how BCH is dead, etc. Well, it may be so, but I've decided to hold it for a while longer and see how things play out. My way of thinking is this:

If I sell my BCH for BTC:

- My BTC holdings increase by around 12% (with current prices) = Insignificant gain.
- If BTC plummets and BCH gets a major boost = Significant loss.

If I keep my BCH:

- My BTC holdings stay the same = No gain.
- If BTC plummets and BCH gets a major boost = Significant gain and insurance against the unexpected.

So, HoDLing my BCH allows me to sleep peacefully at night, knowing I'm safe whatever happens. As much as I dislike Jihan Wu, Roger Ver, and all the rest of them, I don't want to underestimate their power. Better safe than sorry.
+1

stay save with a hedge (BCH) against the future of BTC.
hero member
Activity: 756
Merit: 1000
Just woke up to see that the Euro-land ATH was broken last night, and has now become 3870 €/BTC. And it looks like it's going to be broken again very soon!

I'm reading all the posts about how BCH is dead, etc. Well, it may be so, but I've decided to hold it for a while longer and see how things play out. My way of thinking is this:

If I sell my BCH for BTC:

- My BTC holdings increase by around 12% (with current prices) = Insignificant gain.
- If BTC plummets and BCH gets a major boost = Significant loss.

If I keep my BCH:

- My BTC holdings stay the same = No gain.
- If BTC plummets and BCH gets a major boost = Significant gain and insurance against the unexpected.

So, HoDLing my BCH allows me to sleep peacefully at night, knowing I'm safe whatever happens. As much as I dislike Jihan Wu, Roger Ver, and all the rest of them, I don't want to underestimate their power. Better safe than sorry.

This seems a little disingenuous.

Firstly the insignificant gain of 12% is actually pretty decent.

Also, if you keep your BCH and it falls to zero you have had a loss of potential money. True that you haven't actually lost money you've invested but still.......

Saying all this I still haven't sold any and am sitting on all of them. I like the idea that if for some reason Johan or Roger did manage to convince enough miners to flip the two coins in terms of value I am no better or worse off

full member
Activity: 308
Merit: 146
Whats BCH? If we refuse to acknowledge its existance by not trading or using it.... maybe it will go away!
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
lol, whatever happened to 'the flippening'?
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
Just woke up to see that the Euro-land ATH was broken last night, and has now become 3870 €/BTC. And it looks like it's going to be broken again very soon!

I'm reading all the posts about how BCH is dead, etc. Well, it may be so, but I've decided to hold it for a while longer and see how things play out. My way of thinking is this:

If I sell my BCH for BTC:

- My BTC holdings increase by around 12% (with current prices) = Insignificant gain.
- If BTC plummets and BCH gets a major boost = Significant loss.

If I keep my BCH:

- My BTC holdings stay the same = No gain.
- If BTC plummets and BCH gets a major boost = Significant gain and insurance against the unexpected.

So, HoDLing my BCH allows me to sleep peacefully at night, knowing I'm safe whatever happens. As much as I dislike Jihan Wu, Roger Ver, and all the rest of them, I don't want to underestimate their power. Better safe than sorry.
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