Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7483.

rdbase

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Quote from: Toxic2040 on July 01, 2020, 02:34:21 PM

Quote from: jbreher on July 01, 2020, 01:09:14 AM

Quote from: aesma on June 29, 2020, 09:06:54 AM

If someone is coming 10 times or more a year, start looking at how (s)he makes his/her money.

Dang. It seems to me that I used to be coming 10 or more times a day, but I guess I have long left those pubescent days behind.

#stronghands

Coomers are strong in times like this. Atleast the one hand is. Cheesy

https://www.youtube.com/watch?v=hv-ODnbbP7U

https://www.youtube.com/watch?v=jRZT7oPBsNA

https://www.youtube.com/watch?v=0wdRQW8WmVI

https://www.youtube.com/watch?v=1inHrPOY3t8

#Spent2muchTimeonYoutube Grin

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: friends1980 on July 01, 2020, 09:08:21 AM

After almost 3 years on these boards, I've never really dared to take the leap to visiting this thread. I'm wondering how much time I'd need to start reading the WO from the very first post all the way to the last one. I'm also wondering if it'd deliver me inner peace or other life-changing insights.

I sense the seducing perfume of a challenge...

how many pages do you believe that you could reasonably read per day while attempting to maintain inner peace? and/or to absorb such content in order to potentially work towards life-changing insights?

Even if you would be able to read 50 pages per day, it would take you 542 days, just to catch up to our current page count, so at that pace, it would not be unreasonable to project 2 years of your time (close to full time)... not sure if it would be a self-satisfying project, unless you were to give us daily or weekly summaries of your findings, which would just cause you to have to read fewer pages per day, and end up generating more pages that you would have to read if you were to engage in some kind of meaningful (inner peace and/or life-changing insights) kind of reporting of your progress.

Without more of an explanation (beyond a desire for inner peace or vague concepts of what would be life-changing insights), I am not a fan of your proposal... even though such a project probably would change your life.. just conceptually, I am not sure if it would be changed in a preferred direction.

Toxic2040

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Quote from: jbreher on July 01, 2020, 01:09:14 AM

Quote from: aesma on June 29, 2020, 09:06:54 AM

If someone is coming 10 times or more a year, start looking at how (s)he makes his/her money.

Dang. It seems to me that I used to be coming 10 or more times a day, but I guess I have long left those pubescent days behind.

---------

the noon wall report

Bitcoin is testing resistance at $9,277.97 with slowly increasing volume as July opens with a continuing bullish trend. Bears are likely to fiercely defend the next resistance level of $9.4kish.

#dyor
4h

Slow steady progress ascending back up the cloud.

cat balances on tight rope
D

#stronghands

JayJuanGee

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Activity: 3962

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: Krubster on July 01, 2020, 06:30:41 AM

The MtGox Trustee has delayed the deadline for the Rehabilitation Plan yet again.

https://www.mtgox.com/img/pdf/20200630_announcement_en.pdf

Quote

The Rehabilitation Trustee is currently formulating the rehabilitation plan, but as there are matters that require closer examination with regard to the rehabilitation plan, it has become necessary to extend the submission deadline for the rehabilitation plan.

In light of the foregoing, the Rehabilitation Trustee filed a motion to seek an extension of the submission deadline of the rehabilitation plan at the Tokyo District Court, and, on June 30, 2020, the Tokyo District Court issued an order to extend the submission deadline for the rehabilitation plan to October 15, 2020.

I'm seriously considering selling my claim and get this over with, but if I've waited this long, I might as well wait a little bit longer.

My understanding is that those entities who have been buying up GOX claims have been acquiring a shitload of coins, and surely they are NOT too likely to be friendly to bitcoin if they do get the coins released to them- and maybe if the coins are released during a BTC pump, then it would not have any meaningful or lasting negative impact on the BTC price.

If you have been waiting more than 6 years, I really don't see why you would sell now.. The earlier buyers of the interest in those GOX coins are not even offering 20% of the current market value, right?

Elwar

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Viva Ut Vivas

Quote from: lightfoot on July 01, 2020, 10:35:51 AM

Quote from: JimboToronto on July 01, 2020, 10:32:04 AM

Quote from: lightfoot on July 01, 2020, 09:57:38 AM

Cite your sources

Do Fox News and Daily Stormer count? Roll Eyes

They would be sources, but with a pretty low impact factor.

Anyway, here's a nice image that explains it in simple terms.

People using pants as an example of why wearing masks is normal. They don't understand that I have never fully accepted that wearing pants should be required either.

Also...leprosy exists. If a leper touches you, you will catch it. That is why everyone in ancient times walked around in full plate mail.

If you are not walking around in a full suit of armor you can catch leprosy and eventually die. Let that little fact sink in.

rdbase

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^^
Paypal are a strange bunch.
They ask you anytime they like out of the blue and try getting you to do stuff like add a bank acct every chance they can get.
Centralization is coming to crypto-town. So buckle up dorothys, we aint in Kansas anymore! Lips sealed

Quote from: Toxic2040 on July 01, 2020, 12:40:01 PM

#seriouscat Cheesy

Help serious cat become not so serious. Cool

John Hughes : Reunited Apart Grin

https://www.youtube.com/watch?v=AeduDexHt28

HI-TEC99

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Quote from: Hueristic on July 01, 2020, 11:30:47 AM

Quote from: bkbirge on July 01, 2020, 11:19:12 AM

Now this is the kind of hopium I like to read...
https://cointelegraph.com/news/paypal-dabbling-in-crypto-could-make-btc-a-mainstream-payment-option

Quote

The most obvious implication of PayPal’s rumored expansion is adoption — if a financial service with 325 million active users starts listing digital assets, it is likely to make crypto more viable in the eyes of the financial mainstream. Mashinsky argued that it will consequently drive the price of BTC and Ether (ETH) up significantly, “as the scarcity of the coins will play a big part when adoption comes.”

I've had paypal try to force kyc on me twice and twice I told them to fuck off and after a few months they just unlocked my account with no reason given, so having that huge number of users is what really matters to them. Wink

Did you go over some limit? I doubt they would bother with KYC for a $10 payment.

Toxic2040

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the morning wall report

shocked cookie monster is shocked...you can tell by the pursed lips
1h

pelican closes mouth #dyor
4h

#seriouscat Cheesy

rdbase

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Quote from: Hueristic on July 01, 2020, 11:30:47 AM

Quote from: bkbirge on July 01, 2020, 11:19:12 AM

Now this is the kind of hopium I like to read...
https://cointelegraph.com/news/paypal-dabbling-in-crypto-could-make-btc-a-mainstream-payment-option

Quote

The most obvious implication of PayPal’s rumored expansion is adoption — if a financial service with 325 million active users starts listing digital assets, it is likely to make crypto more viable in the eyes of the financial mainstream. Mashinsky argued that it will consequently drive the price of BTC and Ether (ETH) up significantly, “as the scarcity of the coins will play a big part when adoption comes.”

I've had paypal try to force kyc on me twice and twice I told them to fuck off and after a few months they just unlocked my account with no reason given, so having that huge number of users is what really matters to them. Wink

Once they make a move to get full on into crypto they will be coinbase 2.0 before you know it! Wink

https://youtu.be/Sg14jNbBb-8

https://usethebitcoin.com/cryptocurrencies-vs-paypal-battle-future-payments

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: bkbirge on July 01, 2020, 11:19:12 AM

Now this is the kind of hopium I like to read...
https://cointelegraph.com/news/paypal-dabbling-in-crypto-could-make-btc-a-mainstream-payment-option

Quote

The most obvious implication of PayPal’s rumored expansion is adoption — if a financial service with 325 million active users starts listing digital assets, it is likely to make crypto more viable in the eyes of the financial mainstream. Mashinsky argued that it will consequently drive the price of BTC and Ether (ETH) up significantly, “as the scarcity of the coins will play a big part when adoption comes.”

I've had paypal try to force kyc on me twice and twice I told them to fuck off and after a few months they just unlocked my account with no reason given, so having that huge number of users is what really matters to them. Wink

bkbirge

sr. member

Activity: 1197

Merit: 482

Now this is the kind of hopium I like to read...
https://cointelegraph.com/news/paypal-dabbling-in-crypto-could-make-btc-a-mainstream-payment-option

Quote

The most obvious implication of PayPal’s rumored expansion is adoption — if a financial service with 325 million active users starts listing digital assets, it is likely to make crypto more viable in the eyes of the financial mainstream. Mashinsky argued that it will consequently drive the price of BTC and Ether (ETH) up significantly, “as the scarcity of the coins will play a big part when adoption comes.”

AlcoHoDL

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Addicted to HoDLing!

Quote from: Biodom on July 01, 2020, 10:38:10 AM

Quote from: AlcoHoDL on July 01, 2020, 10:13:08 AM

Quote from: JimboToronto on July 01, 2020, 09:35:37 AM

[...]

Luckily the people I bought most of my coins from have a lot more than me. Many of my early coins came from the folks at Decentral, the birthplace of Ethereum where their obscene profits from that sleazy scam made some of them billionaires. I guess I could have made a shitload if I'd jumped on their offer of buying into the pre-mine but then I'd have to live with myself.

Now I'm past using ATMs (hopefully) and back to doing OTC business with devoted Bitcoiners. Hopefully no wrenches.

Back in 2015, I used to buy coins from ATMs (didn't yet have an account on an exchange). I remember I once wired $1100 to a friend who lived right next to one, and asked him to buy BTC for me and send me a photo of the QR code. He did. Later that day he called me and asked me whether he should also buy some coins. Of course I encouraged him and did an Andreas Antonopoulos-style lecture. He was excited. He wanted in. Until a few days later, when he called me and said he read on the net that Bitcoin was being used by criminals to launder money and was "no good". He even warned me against it and indirectly called me a "criminal supporter". He hasn't spoken about it ever since, but I see a bitterness in his face whenever we meet.

I guess many shop owners using Bitcoin ATMs in their shops do (did) it just for the rental of their floor spaces, they never really believed in Bitcoin. It was only in 2016-2017 that things got serious, but it was too late for most to get in. Well, we all now know that it wasn't really too late, but that's how it seemed to them, just like it felt in 2015 after MtGox.

Long story short, you can't have guarantees, you've got to risk some to gain some. With Bitcoin, being able to understand the tech behind it, and realizing its significance as electronic cash, gives you an advantage (a big advantage) over the clueless masses who just follow the media propaganda. For me, it was the understanding that production halves every four years (next was in 2016 at the time), so I just knew I had to own some coins before then. My only regret is not buying more during those early days.

Live and learn. And take risks. That's the lesson of all this.

I was was blown away by a couple of bitcoin ideas (in addition to no third party control, etc.):

1. Emission curve
2. The fact that you can convert electricity into something that is essentially, money (or at least immediately convertible good), and it appeared to be legal.

Hodling idea came at least a year or two later.

Yeah, I remember watching one of Andreas Antonopoulos' videos on YouTube. A very old one.

I don't think I slept that night.

Discovering Bitcoin was, for me, one of those rare moments when you come to realize that this is something that will change the world. Something revolutionary. And we are all part of it. I'm certain that in several decades from now, Bitcoin will be mentioned in the history books as a major part of the "information revolution", or the "monetary revolution", or whatever the historians want to call it.

I know most of us are in it for the profits (and it's understandable), but this is beyond getting "fuck you" rich status. This will change the entire world for the better. This is so much bigger than any of us.

BitcoinGirl.Club

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Activity: 2800

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Farewell LEO: o_e_l_e_o

Quote from: LFC_Bitcoin on July 01, 2020, 10:31:35 AM

Quote from: BitcoinGirl.Club on July 01, 2020, 10:23:53 AM

Now @ $9,235
In a second I made $2 profit @rdbase 😜

Ballin’

Just made more $19 profit 😜

Observing @ $9,254

Quote from: LFC_Bitcoin on July 01, 2020, 10:51:47 AM

Just looking at charts after the halving in 2016.

2 months after the halving the price was only up $50 vs the halving price (July 2016). We only really started to grind up in around November. The chart looks really similar to what we’re currently seeing, basically sideways for a significant period.

We should start moving up slowly through the gears, perhaps starting in September (if this cycle mirrors the last one).

Amen!

LFC_Bitcoin

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Activity: 3556

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#1 VIP Crypto Casino

Just looking at charts after the halving in 2016.

2 months after the halving the price was only up $50 vs the halving price (July 2016). We only really started to grind up in around November. The chart looks really similar to what we’re currently seeing, basically sideways for a significant period.

We should start moving up slowly through the gears, perhaps starting in September (if this cycle mirrors the last one).

Biodom

legendary

Activity: 4004

Merit: 4656

Quote from: AlcoHoDL on July 01, 2020, 10:13:08 AM

Quote from: JimboToronto on July 01, 2020, 09:35:37 AM

[...]

Luckily the people I bought most of my coins from have a lot more than me. Many of my early coins came from the folks at Decentral, the birthplace of Ethereum where their obscene profits from that sleazy scam made some of them billionaires. I guess I could have made a shitload if I'd jumped on their offer of buying into the pre-mine but then I'd have to live with myself.

Now I'm past using ATMs (hopefully) and back to doing OTC business with devoted Bitcoiners. Hopefully no wrenches.

Back in 2015, I used to buy coins from ATMs (didn't yet have an account on an exchange). I remember I once wired $1100 to a friend who lived right next to one, and asked him to buy BTC for me and send me a photo of the QR code. He did. Later that day he called me and asked me whether he should also buy some coins. Of course I encouraged him and did an Andreas Antonopoulos-style lecture. He was excited. He wanted in. Until a few days later, when he called me and said he read on the net that Bitcoin was being used by criminals to launder money and was "no good". He even warned me against it and indirectly called me a "criminal supporter". He hasn't spoken about it ever since, but I see a bitterness in his face whenever we meet.

I guess many shop owners using Bitcoin ATMs in their shops do (did) it just for the rental of their floor spaces, they never really believed in Bitcoin. It was only in 2016-2017 that things got serious, but it was too late for most to get in. Well, we all now know that it wasn't really too late, but that's how it seemed to them, just like it felt in 2015 after MtGox.

Long story short, you can't have guarantees, you've got to risk some to gain some. With Bitcoin, being able to understand the tech behind it, and realizing its significance as electronic cash, gives you an advantage (a big advantage) over the clueless masses who just follow the media propaganda. For me, it was the understanding that production halves every four years (next was in 2016 at the time), so I just knew I had to own some coins before then. My only regret is not buying more during those early days.

Live and learn. And take risks. That's the lesson of all this.

I was blown away by a couple of bitcoin ideas (in addition to no third party control, etc.):

1. Emission curve
2. The fact that you can convert electricity into something that is essentially, money (or at least immediately convertible good), and it appeared to be legal.

Hodling idea came at least a year or two later.

JimboToronto

legendary

Activity: 4242

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You're never too old to think young.

Quote from: bitcoinPsycho on July 01, 2020, 09:01:42 AM

Quote from: LFC_Bitcoin on July 01, 2020, 08:56:05 AM

Quote from: JSRAW on July 01, 2020, 07:25:36 AM

That is fucking brilliant

Could be jimbo's new set

No dentures for me... implants.

lightfoot

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Activity: 3220

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I fix broken miners. And make holes in teeth :-)

Quote from: JimboToronto on July 01, 2020, 10:32:04 AM

Quote from: lightfoot on July 01, 2020, 09:57:38 AM

Cite your sources

Do Fox News and Daily Stormer count? Roll Eyes

They would be sources, but with a pretty low impact factor.

Anyway, here's a nice image that explains it in simple terms.

JimboToronto

legendary

Activity: 4242

Merit: 5039

You're never too old to think young.

Quote from: lightfoot on July 01, 2020, 09:57:38 AM

Cite your sources

Do Fox News and Daily Stormer count? Roll Eyes

LFC_Bitcoin

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#1 VIP Crypto Casino

Quote from: BitcoinGirl.Club on July 01, 2020, 10:23:53 AM

Now @ $9,235
In a second I made $2 profit @rdbase 😜

Ballin’

sirazimuth

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born once atheist

Quote from: Cryptotourist on July 01, 2020, 02:12:00 AM

Quote from: sirazimuth on June 30, 2020, 09:09:25 PM

I have tested negative.
I still wear a mask in public 100% of the time out of common courtesy. It doesn't put me out in the slightest.
Face diaper nazi eh? Get a life dude.

...
I haven't been tested, but that means shit.
....

Ok dude, I'll just take pearl of wisdom from some genius blowhard in a bitcoin thead over any doctor's advice.

Quote from: Cryptotourist on July 01, 2020, 02:12:00 AM

...
99% of the people I see around me and interact, on a daily basis - DON'T wear a fucking mask...

Fucking awesome, I don't live in Greece and won't be interacting with you so ask me if I care.

Quote from: Cryptotourist on July 01, 2020, 02:12:00 AM

...
They do look like face diapers though, don't they?...

If you think so, fine.
I'll still wear one in public and if it makes your tongue wag, all the better.

Quote from: Cryptotourist on July 01, 2020, 02:12:00 AM

Now if someone ordered me to wear a mask - or else, wouldn't I ~~call that person a Nazi~~ tell him to fuck off?

You can tell him to fuck his grandmother if you like, that's on you, also tells a lot about your character.
Like I said...

Quote from: sirazimuth on July 01, 2020, 08:56:35 AM

I liked your posts better in the FE thread....

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7483. (Read 26729263 times)