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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24231. (Read 26610307 times)

legendary
Activity: 1260
Merit: 1002


meh i think we hit major resistance. Sad
full member
Activity: 238
Merit: 100


I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.


Has there ever been a documented sighting of this dump taking place anywhere ever in human history?

Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing?

Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little.

It is big in America, but for some reason people think that Coinbase and Bitpay operate with zero capital on hand. They believe every time some one buys or sells then coinbase and bitpay have to run to the exchanges to get the BTC or fiat creating this imaginary retailer dump they are waiting for.  

Copied and noted for later shaming when price is in the lower 300s within a week's time.
legendary
Activity: 1442
Merit: 1186


I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.


Has there ever been a documented sighting of this dump taking place anywhere ever in human history?

Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing?

Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little.

It is big in America, but for some reason people think that Coinbase and Bitpay operate with zero capital on hand. They believe every time some one buys or sells then coinbase and bitpay have to run to the exchanges to get the BTC or fiat creating this imaginary retailer dump they are waiting for.  
legendary
Activity: 1260
Merit: 1002
sr. member
Activity: 378
Merit: 254
Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

Yes

Proof:

...
3 BTC for a punch in the Dick? I have a better offer, y will pay you 0.0001 for a blow job.
...

Cool
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino


I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.


Has there ever been a documented sighting of this dump taking place anywhere ever in human history?

Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing?

Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little.

The UK has started to embrace it the last year or two.
I've seen videos of people fighting over TV's etc today in supermarkets.

I'm 27 & this is the first year I've seen stuff like that here.
hero member
Activity: 798
Merit: 1000


I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.


Has there ever been a documented sighting of this dump taking place anywhere ever in human history?

Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing?

Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little.

For some reason it seems the UK has adopted Americas retarded tradition. Cue my social media feeds being bombarded with videos of fighter shopping. Black friday is everything that is wrong with the world compressed into 1 day.
legendary
Activity: 2338
Merit: 1035
We are at $5 billion market cap

Of course there is no "significant" commerce except for drugs... yet.
legendary
Activity: 1260
Merit: 1002
Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

Yes

nope
hero member
Activity: 798
Merit: 1000
Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

Some. Remember how thin the order books are, too, in relation to the total number of BTCs held. Less than .1% of all Bitcoins being dumped by a retailer has a substantial impact on the price. Your argument isn't illogical, but it is incomplete.

So by your own logic is it not fair to say that the retailers probably aren't selling their coins into the open market and immediately after getting them. After all it has a substantial impact on price.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

Yes
full member
Activity: 238
Merit: 100
And this, kids, is how rallies start Roll Eyes



Looks about right to me



What exchange/timeframe is that?

Only the space titans have access to those. Magical, imaginary charts for magical, imaginary money purchased by people with magical, imaginary friends. Yes, f--- it... I'm not even going to be reasonable anymore. I'm just going to troll. You bastards have been way too hostile to me for having honest opposing views. F--- you all.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.


I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.


Has there ever been a documented sighting of this dump taking place anywhere ever in human history?

Is Black Friday observed anywhere other than the USA? Is it really all that big of a thing?

Here in Canada we do boxing week between Xmas and New Year's Day. It spreads it out a little.
hero member
Activity: 559
Merit: 500
Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

I would say the Bitcoin users are quite heterogeneous.

Anecdote time: I use Bitcoin more and more and never gambled nor bought drugs (not that I oppose people doing any of those things).

A lot of people are willing to support Bitcoin simply for ethical motives. We want sound money and are angry at the bloody Fiat fraud. The fact that it's also so powerful at being a means of exchange makes that adoption take off. This is from the simple user/traditional merchant perspective. Bitcoin serves a lot of purposes.


you're right mate
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Alright. Have fun losing money you delusional weirdos. Sorry for having an opinion other than BTC is going to $1,000,000,000,000,000,000 and that you all will be space titans.

I would love to be a space titan....
sr. member
Activity: 378
Merit: 254
hero member
Activity: 742
Merit: 500
Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

I would say the Bitcoin users are quite heterogeneous.

Anecdote time: I use Bitcoin more and more and never gambled nor bought drugs (not that I oppose people doing any of those things).

A lot of people are willing to support Bitcoin simply for ethical motives. We want sound money and are angry at the bloody Fiat fraud. The fact that it's also so powerful at being a means of exchange makes that adoption take off. This is from the simple user/traditional merchant perspective. Bitcoin serves a lot of purposes.

legendary
Activity: 1442
Merit: 1186
And this, kids, is how rallies start Roll Eyes



Looks about right to me

full member
Activity: 238
Merit: 100
Do you guys seriously believe there is significant commerce in Bitcoin besides drugs and gambling?

Some. Remember how thin the order books are, too, in relation to the total number of BTCs held. Less than .1% of all Bitcoins being dumped by a retailer has a substantial impact on the price. Your argument isn't illogical, but it is incomplete.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht


I have no position right now. I am hoping it goes up to $400... I'll short when it settles down and starts to come down a bit on account of the required retailer dump.


Has there ever been a documented sighting of this dump taking place anywhere ever in human history?
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