... I just don't get the point of the thread...
Indeed. That's obvious.
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It doesn't matter how many threads are started in off-topic. It's not the same. It's all about BTC/USD speculation, including even most of the off-topic stuff. Yes, idiots who continually posted about altcoins were annoying, as were anti-semites, FUD spammers, goldbugs, and other trolls, but at least the dialogue was honest and real.
I understand that since Adam no longer had control, it became a moderation nightmare, but it was still the heart and soul of the entire forum.
Perhaps now that someone else has taken the initiative to start another self-moderated wall observer thread, it can continue to live on in the speculation folder without causing undue distress and extra work for the moderators.
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Please don't delete what's left of the old wall observer. It's an important archive and reference source. I don't think some of the moderators really understand how important it really was.