Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 197.

OutOfMemory

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Quote from: psycodad on November 22, 2024, 08:02:18 AM

Quote from: OutOfMemory on November 22, 2024, 07:43:19 AM

Quote from: Moreno233 on November 22, 2024, 07:01:05 AM

This will take BTC to $1m with ease. The moment the US pulls the triggers, China will join as well as EU because no one want to be left behind.

I wouldn't be so sure about the EU. The union is led by ~~stubborn~~ criminal, ~~old~~ corrupt farts. I think this has the same probability as Warren Buffet or Peter Schiff buying in a major position in Bitcoin.

EDIT: Would be cool if Bitcoin crossed the $100k today, because i took the day off work.

TFTFY

Yeah.
Not incorrect, either.
EU was a good idea though, still it is heading up a dead end, though nobody seems to care.

psycodad

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精神分析的爸

Quote from: OutOfMemory on November 22, 2024, 07:43:19 AM

Quote from: Moreno233 on November 22, 2024, 07:01:05 AM

This will take BTC to $1m with ease. The moment the US pulls the triggers, China will join as well as EU because no one want to be left behind.

I wouldn't be so sure about the EU. The union is led by ~~stubborn~~ criminal, ~~old~~ corrupt farts. I think this has the same probability as Warren Buffet or Peter Schiff buying in a major position in Bitcoin.

EDIT: Would be cool if Bitcoin crossed the $100k today, because i took the day off work.

TFTFY

ChartBuddy

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bitebits

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Flippin' burgers since 1163.

Quote from: jbreher on November 22, 2024, 02:47:37 AM

g'nite, frenz - see all y'all @ 103K and change

Had to look it up but it is actually at $000.490k so it seems you might be in hibernation for a while.

OutOfMemory

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Quote from: Moreno233 on November 22, 2024, 07:01:05 AM

This will take BTC to $1m with ease. The moment the US pulls the triggers, China will join as well as EU because no one want to be left behind.

I wouldn't be so sure about the EU. The union is led by stubborn, old farts. I think this has the same probability as Warren Buffet or Peter Schiff buying in a major position in Bitcoin.

EDIT: Would be cool if Bitcoin crossed the $100k today, because i took the day off work.

criptoevangelista

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In ₿ we trust

Quote from: JimboToronto on November 22, 2024, 05:04:18 AM

Quote from: Gachapin on November 21, 2024, 11:34:20 PM

I like paper money (because I'm an old fart). But it seems so out of date...

I'm also an old fart.

I prefer paper money too (including Bitcoin) because I like anonymity.

Every time you use a credit or debit card you're leaving a permanent record of who, when, where, what for, and how much. It's ironic that they call that a "paper trail". Cash transactions leave no such records.

Same goes for taxicabs versus Uber or Lyft. If I hail a cab on the street, specify a corner to be dropped off at and pay with cash, the driver doesn't know or care who I am or what my starting or destination addresses are. He's happy to get my fare and I'm happy to get where I'm going. In fact, he's probably happier to get his fare and tip in cash also, with less waiting and tax implications.

Cash rules.

I use cards for absolutely everything. If something goes wrong, it's their money that's at risk, not mine. While mine is under my full control in a cold wallet.

But I have to agree that there's nothing better than paper money when it comes to privacy.

BlackHatCoiner

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Farewell, Leo

Quote from: LoyceV on November 22, 2024, 07:04:58 AM

Non-American here: how real and likely is this to happen?

Doesn't play a big role if you're American or not, as long as you study monetary history. This is my take:

Quote from: BlackHatCoiner on November 13, 2024, 08:32:09 AM

I'm also expecting them to oppose this, because... the Federal Reserve is not controlled by the US government. The Federal Reserve is a cartel of private banks, and the US dollar is the way this cartel robs the world. A commitment to bitcoin would encourage everyone across the world to dump dollars for bitcoin, and they're absolutely not going to relinquish this enormous privilege and power they have held and exercised for centuries, because some random politician promised the people bitcoin.

However, if they do implement it, I'd expect us to go to $10 million per coin much earlier. (Yes, that's right, 100x from here, and that's just $180T. Bitcoin market cap is addressable to more than that.)

LoyceV

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Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: cAPSLOCK on November 22, 2024, 06:46:49 AM

Non-American here: how real and likely is this to happen?

ChartBuddy

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Moreno233

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Trust the process, imbibe consistency

Quote from: cAPSLOCK on November 22, 2024, 06:46:49 AM

This will take BTC to $1m with ease. The moment the US pulls the triggers, China will join as well as EU because no one want to be left behind.

cAPSLOCK

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Note the unconventional cAPITALIZATION!

aesma

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fly or die

Quote from: Biodom on November 21, 2024, 11:22:41 PM

I was pondering the theoretical possibility that US would go for a bitcoin reserve (it might be quite possible, in fact).
If so, it would be relatively difficult to source btc without causing price jumps, considering competition from all over the world.

Alas, here is an idea: allow investors to trade in their bitcoin at a daily fair value (or even with a small discount of 1-3%) to US treasury on a condition that $$ proceeds would be tax free at least at the federal level.

Trump was talking about making 'american" bitcoin tax free...above is the way to do it with both parties benefiting.

Additionally, another positive development would be to allow in-kind bitcoin redemption (and creation) at ETFs.
So, you would be able to exchange bitcoins for ETF shares and vice versa.
It has to be a nontaxable exchange too in order to this to work.
Benefit: it is easier to get a loan against a security as securities borrowing market is well established.

I'm not well versed in this but the treasury and the federal reserve aren't the same thing.

Which is the first roadblock, you would need the independant fed to want to buy BTC.

erre

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I come here once or twice a year nowdays, but today I'm hitting f5 the whole day and I'm ready to celebrate the 100k! 🍾

ChartBuddy

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Moreno233

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Trust the process, imbibe consistency

Quote from: goldkingcoiner on November 22, 2024, 04:28:41 AM

What kind of troll market is this? 100K plz.

$100k is a round number and will make many headlines, so allow Bitcoin make it worth the news by building up sentiments and keeping people in suspense so we can better appreciate the journey. If it jump to $100k, it will look so easy and many people will tend to forget where we are coming from and the amount of FUD they had to ignore in order to hold till now. Always remember that if we can make it this far before inauguration, then $100k is just the beginning of what is to come.

ataArt

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Quote from: OgNasty on November 22, 2024, 04:35:51 AM

I guess it wasn’t meant to be for tonight. Hopefully I awake before the fireworks. I’d hate to miss the moment.

This won't be the last fireworks for Bitcoin, so don't worry, sleep well

JimboToronto

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You're never too old to think young.

Quote from: Gachapin on November 21, 2024, 11:34:20 PM

I like paper money (because I'm an old fart). But it seems so out of date...

I'm also an old fart.

I prefer paper money too (including Bitcoin) because I like anonymity.

Every time you use a credit or debit card you're leaving a permanent record of who, when, where, what for, and how much. It's ironic that they call that a "paper trail". Cash transactions leave no such records.

Same goes for taxicabs versus Uber or Lyft. If I hail a cab on the street, specify a corner to be dropped off at and pay with cash, the driver doesn't know or care who I am or what my starting or destination addresses are. He's happy to get my fare and I'm happy to get where I'm going. In fact, he's probably happier to get his fare and tip in cash also, with less waiting and tax implications.

Cash rules.

ChartBuddy

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OgNasty

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I guess it wasn’t meant to be for tonight. Hopefully I awake before the fireworks. I’d hate to miss the moment.

goldkingcoiner

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A Bitcoiner chooses. A slave obeys.

What kind of troll market is this? 100K plz.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 197. (Read 26710938 times)