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Question: 1/17 Closing Price:
<$33,000 - 4 (5.3%)
$33,000-$34,000 - 1 (1.3%)
$34,000-$35,000 - 2 (2.6%)
$35,000-$36,000 - 1 (1.3%)
$36,000-$37,000 - 3 (3.9%)
$37,000-$38,000 - 7 (9.2%)
$38,000-$39,000 - 4 (5.3%)
$39,000-$40,000 - 9 (11.8%)
$40,000-$41,000 - 8 (10.5%)
$41,000-$42,000 - 6 (7.9%)
$42,000-$43,000 - 4 (5.3%)
>$43,000 - 27 (35.5%)
Total Voters: 76

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25066676 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
mikeh2
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May 20, 2014, 08:30:27 AM

warning to newcomers, fonzie = white dog.

https://i.imgur.com/T3Pmc.gif
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ShroomsKit
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May 20, 2014, 08:34:11 AM

I don't know if this is old news but i noticed that Gmail puts pretty much all Bitcoin related emails directly in my spam folder.
bclcjunkie
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May 20, 2014, 08:36:44 AM

Blitz where did that "no more triple digits" attitude go? i still remember that fud... LOL

What I do see being (ab)used ad nauseam is FUD (some news I don't like? Oh yeah, FUD!), and "Facts U Dislike" to me is a counter to that. Fire with fire. Cheesy

As to that, I don't really like the HODL CCMF 2DAMOON either, but you won't see me complaining. And really now, can you even remotely compare the two in frequency? That's why I am bewildered about the (feigned?) annoyance.

PS: Who wrote that quote in your signature? Mat too?
oda.krell
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May 20, 2014, 08:36:47 AM

Meh. Not exactly the most impressive rally I've seen.
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Strange, yet attractive.


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May 20, 2014, 08:42:28 AM

Meh... it stacked! Undecided
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May 20, 2014, 08:47:37 AM

Google bans Bitcoin!!

http://www.coindesk.com/secure-wallet-extension-kryptokit-disappears-chrome-browsers/

It looks really bad. Only a week after SecondMarket got their bank account banned due to Bitcoin, now google takes the next step.´
 Undecided

I've been short for 2 months. But its a bad time to be short right now. Fonzie is stupid if he hasn't covered his shorts.

We might not be going up, but it stupid to assume we are going down.
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May 20, 2014, 08:48:09 AM

Is that in then or are we pausing to let a few more passengers on?

Huobi's volume is still decreasing over the last week or so, is it going to dwindle into non existence?
ChartBuddy
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1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


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May 20, 2014, 09:00:40 AM


Explanation
dreamspark
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May 20, 2014, 09:03:49 AM

Isn't it a bad idea to have wallet software in your browser? Even for hot funds, it seems to me as if it would be particularly prone to malware.

I would imagine it would be rather foolish to have any hot funds within a browser. Thats just if the app isnt malicious in the first place! I'd imagine there are many exploits known about in the black hat community in regards to hijacking extensions.
ShroomsKit
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May 20, 2014, 09:05:07 AM

Is that in then or are we pausing to let a few more passengers on?

Huobi's volume is still decreasing over the last week or so, is it going to dwindle into non existence?

The last 20 pumps were part of a pump and dump. I guess people are so used to this now that they automatically start selling after a 10 or 15 dollar rise. It's not smart to buy more at that point if there is a big chance there will be some big dumps again.
As what often happens with Bitcoin trading the expectations of a certain scenario actually enable that scenario while it might never have happened in the first place.
JayJuanGee
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May 20, 2014, 09:08:34 AM

There is a difference between using "facts U dislike" for FUD and hodl for hold.  HODL is innocent and a non-substantive form of fun.  

[snip]


So many words. So little information.

Completely agree with dropt on this one: 'facts U dislike' and 'hodl' are both rather idiotic expressions, at least when used ad nauseam as is common in here, and those who use them regularly do themselves a disfavor in my opinion.

And thinking the former sucks, while the latter is "innocent and fun", well, that's just the bull in you talking.

Yes, you cut out my information b/c it is much more convenient for you to keep up with this bearshit line of reasoning  (attempt at acting like you are more neutral than the bulls, here).  I provided a decent explanation, and surely it could have been shorter and better stated.  Nonetheless, I provided a logical explanation that was neither bearish nor bullish, and you attempt to negate my explanation by dismissing it as bull-ish (but conveniently, you "snip" it out so you do NOT have to be bothered with its contents).   Your attempt here to oversimplify does a disservice to your assertion that I am supposedly biased by a bullish view on this FUD topic.  

Look, I'll try to keep it short, and I'd ask you to do the same:

During the past 2, 3 months, most news about the Chinese exchanges was greeted by "FUD" in here, by and large.

Now, we'd probably agree that those "news" were hardly worth the name, but they were also not what you should strictly call "FUD" -- those who posted (and discussed) the items were not necessarily trolling. I know I wasn't.

So renaming FUD as "facts u dislike" was probably an attempt to counter that. I personally don't like it, but I liked it even less that discussing news events was suddenly grounds for being suspected of un-bitcoinian activities.

I have NO problem with the example that you just provided, yet without seeing specifics, your comment seems like a broad generalization b/c in any group, there will be some people who act out, but are NOT representative of the group. 

Surely, you may be correct that a large number of bulls were (and have been) denying the importance of china, even while BTC prices were falling.  Nonetheless, we would need a context if we would say that a bunch of these BTC moonstruck bulls were overly misusing the term FUD as a means to avoid reality and to denigrate their distractors. 

In the end, I maintain that redefining FUD, as a smart-ass response to intentionally exaggerate the detachment of some of these posters from reality does NOT move along the conversation in a productive direction and it seems to be purposefully denigrating and incitement - like saying that bulls are part of a cult or a religion or some of those other bearshit comments.

I believe that most bulls can accept when bears talk bearish, so long as they substantiate their comments and use logic, reason and disclose when they are merely asserting a guestimate.



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May 20, 2014, 09:08:55 AM

JayJuanGee
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May 20, 2014, 09:11:33 AM

Google bans Bitcoin!!

http://www.coindesk.com/secure-wallet-extension-kryptokit-disappears-chrome-browsers/

It looks really bad. Only a week after SecondMarket got their bank account banned due to Bitcoin, now google takes the next step.´
 Undecided


like herpes... doesnt quite go away, flares up when least expected.
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May 20, 2014, 09:18:06 AM

I have NO problem with the example that you just provided, yet without seeing specifics, your comment seems like a broad generalization b/c in any group, there will be some people who act out, but are NOT representative of the group. 

Surely, you may be correct that a large number of bulls were (and have been) denying the importance of china, even while BTC prices were falling.  Nonetheless, we would need a context if we would say that a bunch of these BTC moonstruck bulls were overly misusing the term FUD as a means to avoid reality and to denigrate their distractors. 

In the end, I maintain that redefining FUD, as a smart-ass response to intentionally exaggerate the detachment of some of these posters from reality does NOT move along the conversation in a productive direction and it seems to be purposefully denigrating and incitement - like saying that bulls are part of a cult or a religion or some of those other bearshit comments.

I believe that most bulls can accept when bears talk bearish, so long as they substantiate their comments and use logic, reason and disclose when they are merely asserting a guestimate.

Agreed on most of what you say.

But I still think you apply a double standard: bears would accept bulls talking as long as they provide reasons for their claims, and bears... you're not seriously going to claim that bulls are on average "more reasonable" than the bears posting here?

At least the way it looks to me, the ratio of exuberant, resistant to reason bulls to bulls in total is about the same as that of permanently pessimistic, resistant to reason bears to bears in total. Just the numbers bulls vs. bears in total is heavily in favor of bulls, which is okay, considering that this is, in the widest sense, a pro bitcoin forum.
JayJuanGee
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May 20, 2014, 09:24:08 AM

I have NO problem with the example that you just provided, yet without seeing specifics, your comment seems like a broad generalization b/c in any group, there will be some people who act out, but are NOT representative of the group. 

Surely, you may be correct that a large number of bulls were (and have been) denying the importance of china, even while BTC prices were falling.  Nonetheless, we would need a context if we would say that a bunch of these BTC moonstruck bulls were overly misusing the term FUD as a means to avoid reality and to denigrate their distractors. 

In the end, I maintain that redefining FUD, as a smart-ass response to intentionally exaggerate the detachment of some of these posters from reality does NOT move along the conversation in a productive direction and it seems to be purposefully denigrating and incitement - like saying that bulls are part of a cult or a religion or some of those other bearshit comments.

I believe that most bulls can accept when bears talk bearish, so long as they substantiate their comments and use logic, reason and disclose when they are merely asserting a guestimate.

Agreed on most of what you say.

But I still think you apply a double standard: bears would accept bulls talking as long as they provide reasons for their claims, and bears... you're not seriously going to claim that bulls are on average "more reasonable" than the bears posting here?

At least the way it looks to me, the ratio of exuberant, resistant to reason bulls to bulls in total is about the same as that of permanently pessimistic, resistant to reason bears to bears in total. Just the numbers bulls vs. bears in total is heavily in favor of bulls, which is okay, considering that this is, in the widest sense, a pro bitcoin forum.


I agree to the extent that you may be saying that some bears can be reasonable and some bulls unreasonable.

To me, it does NOT make a whole lot of sense for some bears to be involved in this forum, especially, if they are NOT contemplating investing.  It makes more sense for a day-trader bull to be involved in this forum. 

So, personally, I find it a little irritating to be dealing with the bears who are NOT at all invested and have NO intention to invest, and I question their motives, even those, such as Jorge, who once in a while make a contribution to the dialogue.

Overall, we may NOT disagree very much, just a matter of degree - or maybe if we get into  a specific scenario, we may disagree on where to place the emphasis.

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May 20, 2014, 09:29:49 AM

I agree to the extent that you may be saying that some bears can be reasonable and some bulls unreasonable.

To me, it does NOT make a whole lot of sense for some bears to be involved in this forum, especially, if they are NOT contemplating investing.  It makes more sense for a day-trader bull to be involved in this forum. 

So, personally, I find it a little irritating to be dealing with the bears who are NOT at all invested and have NO intention to invest, and I question their motives, even those, such as Jorge, who once in a while make a contribution to the dialogue.

Overall, we may NOT disagree very much, just a matter of degree - or maybe if we get into  a specific scenario, we may disagree on where to place the emphasis.

I wrote, a few posts ago, that I believe ultimately everyone sane posting here must be bullish, at least on a long enough time line.

Those who aren't, seem to believe they have to "reform" us in some way. I don't know many in here who I suspect to suffer from that delusion, jorge being one of those who I genuinely believe have no intention to invest, but simply wants to "fight irrationality" or something like that.

Most bears here, even the so called "perma bears", are on some level bullish. They might think price is grossly overinflated, and has been for years. That's not very rational either, imo, but they are not on here without having any skin in the game, or never having had any.
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May 20, 2014, 09:31:03 AM

Is that in then or are we pausing to let a few more passengers on?

Huobi's volume is still decreasing over the last week or so, is it going to dwindle into non existence?

The last 20 pumps were part of a pump and dump. I guess people are so used to this now that they automatically start selling after a 10 or 15 dollar rise. It's not smart to buy more at that point if there is a big chance there will be some big dumps again.
As what often happens with Bitcoin trading the expectations of a certain scenario actually enable that scenario while it might never have happened in the first place.

This is true, its just starting to feel a little different though, perhaps its the boredom in me wishing it to do something but the hangover of November/December seems to be lifting a little.
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May 20, 2014, 09:37:18 AM

Google bans Bitcoin!!

http://www.coindesk.com/secure-wallet-extension-kryptokit-disappears-chrome-browsers/

It looks really bad. Only a week after SecondMarket got their bank account banned due to Bitcoin, now google takes the next step.´
 Undecided


like herpes... doesnt quite go away, flares up when least expected.

This article has been updated since :

Quote
UPDATE (20th May, 9:30 GMT): Co-founder Steve Dakh says Google has now responded and reinstated KryptoKit’s account, meaning users should now be able to access their wallets again. Still no detailed reason has been given for the removals.
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May 20, 2014, 09:39:32 AM

Google bans Bitcoin!!

http://www.coindesk.com/secure-wallet-extension-kryptokit-disappears-chrome-browsers/

It looks really bad. Only a week after SecondMarket got their bank account banned due to Bitcoin, now google takes the next step.´
 Undecided

Welcome back Fonz, the FUD stores must really be running dry at the moment if thats the best youve got. You've had two weeks to produce some quality bear material and this is all you come up with. Disappointed.
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May 20, 2014, 09:57:11 AM

I'm so sorry for all the bears who really hoped we would visit the lower 300's again.
The really really wished for it so badly, to justify their short position.

Well, sorry guys. Now you'll have to buy in at some point.
On second thought, I'm not sorry at all. Actually I'm laughing my *ss off right now.

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