Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18216. (Read 26613256 times)

Why most people, even experts, are going to get crushed in the coming world market collapses and why you HAVE to play the long game:

https://bitcointalksearch.org/topic/r0achs-cryptomarkets-watch-scamcoin-observer-1413819

Oooh...block size talk is back...

cheap coins!

Oooh...block size talk is back...

cheap coins!

Don't forget, you saved €1 for a bank payment (iDeal). So you still made 78 cents of profit by spamming the Blockchain with this "coffee" transaction.  

EDIT: Now I think about it, perhaps the reason the "spam" doesn't stop is because it's profitable to do. E.g. to take out the spam shown above, the tx fee should rise to over $0.90.

I'm waiting for the bottom to fall out...

Don't forget, you saved €1 for a bank payment (iDeal). So you still made 78 cents of profit by spamming the Blockchain with this "coffee" transaction.  

EDIT: Now I think about it, perhaps the reason the "spam" doesn't stop is because it's profitable to do. E.g. to take out the spam shown above, the tx fee should rise to over $0.90.

Ordered pizza paying with BTC. Despite the fee of 6,5 eurocents (and the conversion rate which is 1% lower then IRL), it's just nice to do.

Look...I know your bent out of shape because you bought at 1200$ but lighten up dude! Take a chill pill...life is good...feed the homeless because grandpa muenster would!

You didn't answer my question yet brother.

And here is a new one,

The Bitcoin ETF will be taxed, so how the gov. won't make money from Bitcoin ?

The government will make money through taxes, (hopefully done properly, probably a sales tax I would guess) but the fed won't be able to print Bitcoin, so it won't make money so to speak with Bitcoin, and it will force a more responsible monetary policy in both lending institutions and government spending since they won't be able to print their way out of trouble (2008/2009).

sort of got myself into a double negative in effect

citizens need tax to add to the social services of a nation (the tax has for a long time been criminal in its rate)

obtaining tax through federal means is great (as long as politicians or wasted government funds do not profit)

so in essence a tax or making money on a bitcon ETF can be beneficial to citizens

it is the wikileaks exposure and the corruption surrounding regulation and tax that force negative views on good government policy and where it is headed

in the current political situation it is evident to see good government policy outweighed by enormous bad government policy

therefore weighted to the decision

the corrupt people of the fed will benefit mostly from making money on bitcoin if successful...Yes fed will make money on bitcoin

It's funny how he recommended gold + bitcoin but didn't mention silver.  The guy is worth 2.5 billion dollars.  He could probably single handedly pump silver a ton and make lots of money.  I assume he doesn't mess with that market because the bankers would punish him in some way or kill him.

When the debt based system blows up, I could see Bitcoin making a run to something crazy like $10,000-$40,000 in a short time, especially if it's used as a medium to do things like facilitate gold commerce.  That's a +15-60x.  It sounds stupidly high, but if every millionaire (not even counting billionaires) hedged only 1% of their wealth in Bitcoin, that would be $7800 a coin fully liquid market cap, which would in reality be much higher price because no markets are fully liquid.  

Of course, how many millionaires are going to lose everything because they were all-in on equities and facebook stocks?  It's a hard picture to put together when plenty of millionaires are going to become instantly broke.  Silver is looking to be around a +10-45x, so it will be interesting to see which one performs better given all the manipulations involved either way and how much wealth remains liquid vs how much is frozen or destroyed somehow.

I currently use silver as a savings account and Bitcoin as a checking account.  When I need to spend fiat, I have a reloadable Bitpay Visa card.  You can have $0 on it and send some Bitcoin to an address linked to the Bitpay account, and within 60 seconds your Visa card is credited with fiat.  No need to even use a bank now.

has anyone noticed the lowest volume on bitstamp since 2012 the last few weeks

thoughts?

this one confuses me - everyone around the world is waiting (For who?)


What is a 'Low Volume Pullback'

A low volume pullback is a technical correction toward an area of support that occurs on lower-than-average volume. The low volume is a signal to traders that the trend is not reversing and that it is only the weak longs looking to lock in a quick profit. Frequent moves that occur in the opposite direction of a trend, which are accompanied by low volume, are normal fluctuations and generally deemed to be insignificant. On the other hand, a large spike in volume in the opposite direction of the trend could be used to signal that the smart money is starting to look for the exits and that the trend is getting ready to reverse.

so in essence a tax or making money on a bitcon ETF can be beneficial to citizens

it is the wikileaks exposure and the corruption surrounding regulation and tax that force negative views on good government policy and where it is headed

in the current political situation it is evident to see good government policy outweighed by enormous bad government policy

therefore weighted to the decision

the corrupt people of the fed will benefit mostly from making money on bitcoin if successful...Yes fed will make money on bitcoin

@ Bitmore :


Makes sense, and I yes, I see it as a long shot.


You want to re-state what Trace Mayer stated before that we are witnessing/will witness the biggest wealth transfer in human history ?

@ mymenace :


I'm aware of wikileaks for sure and the corrupted system as whole, I guess the answer blindly is Yes then if I'm not mistaken or getting something wrong, right ?