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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 12 (7.6%)
H2 2019 - 16 (10.2%)
H1 2020 - 30 (19.1%)
H2 2020 - 28 (17.8%)
H1 2021 - 12 (7.6%)
H2 2021 - 31 (19.7%)
H1 2022 - 6 (3.8%)
H2 2022 - 4 (2.5%)
H1 2023 - 0 (0%)
H2 2023 - 3 (1.9%)
2024 or Later - 15 (9.6%)
Total Voters: 157

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21293525 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. (102 posts by 19 users deleted.)
oda.krell
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April 13, 2015, 12:26:39 PM

Right.  And, not for the first time I'm reminding you that straw man arguments such as "those who claim that bitcoin will be the solution to poverty, corruption, fraud, bank abuse, oppression, censorship, etc., etc.. " are bullshit and I'm calling you on it.  Again.  I know hundreds of people within this community both on the technical and financial side and I can't think of a single one of them that sees it in the way as you're trying to paint it here.  Not one. 

It's a tool.  Like I said in my previous post, you're deliberately, disingenuously conflating tool and solution.  I know you're smarter than that hence my facetious tone.

Some tools, like crossbows for example, are known to have levelled the playing field somewhat between the previously empowered and the disenfranchised.  No longer did you need to be a trained full time professional belonging to a paid standing army to be useful on the battlefield.

Some tools, like surveillance databases, armoured cars and the like are known to have been of more use to those with privilege and power than those without.  Did we throw out computers because IBM helped the nazis track dissidents and minorities with their punched card technology?

Some tools, like hammers, are just tools and, as you've astutely pointed out, can be used to almost equal effect by anyone wielding them.  They are used to build both labour camps and hospitals.

The Internet is a tool that can be used by anyone for almost any purpose but, generally speaking, a society with ubiquitous access to a free and open Internet is a greater threat to the .1% than to the rest of us.

There's a possibility that Bitcoin is like a hammer.  Just a tool that anyone can use for better or for worse.  That's certainly how it looks right now.  But I suspect Bitcoin is more like the Internet.  Anyone can indeed use it but, generally, the level playing field its widespread adoption presents would be something very threatening indeed. 

As you've also said, they'll try to ban it, control it etc.  We're watching that.  It's fun.

You're certainly old enough to remember the painful death throes of the old guard music industry and how it flapped about and sued the hell out of anyone that moved in an effort to forestall the inevitable change that the Internet was bringing to their business models.

Well that ended in a complete overhaul of the industry in spite of their best, and most cunning efforts. 

But we know, for whatever reason, that you've closed your mind to anything positive about Bitcoin and are determined to repeat ad nauseam negative arguments regardless of whether anyone's shot them down or not so if it were just the two of us here, I'd certainly save my breath.

The key here really is that Bitcoin is a disruptive technology and if anything needed disrupting, it's the current global financial industry and the frankly horrific level of global inequality that it supports. 

If you'll forgive me, and I'm sure you will, I'm going to put you back on ignore now.  It's not like you ever say anything you haven't said before in one way or another.  Cool


Amazing that someone who keeps accusing Jorge of 'strawman' arguments, then proceeds on a massive rant made of hay.  Ad people who claim to be 'scientists' saying this is a great comment, can you not see the glaring contradictions, fallacies and errors.

It's such a shame that there are so many folks in the world who have been taken in by this 'disruptive' crap -- the reality is not 'democratization' but more concentrated power in the hands of not the rich but the (unelected) elite super-rich.

But Jorge pointed this out and then it all went silent -- because everyone who disagrees with the great BTC world view is a troll.

Keep banging away boys...the big money is surely round the corner


KFR's post is a bit wordy perhaps, but "made of hay"? How exactly? Because he holds the opinion that Bitcoin/crypto is a tool that he is hoping will be used to disrupt an industry that many people around the world perceive as in dire need of being disrupted? How dare he having an idealistic viewpoint!

Seriously though: if I see anything fallacious in the quoted block above, it's your own response. How exactly did you get from KFR's argument about the financial industry and "disruptive tools" (whether you agree with him or not is a different matter) to "Ha ha, price is tanking, and will continue to do so!".

I remember reading your posts in late 2013 and generally thought they were interesting, but the last ones I remember sounded mostly bitter. I'm not trying to be a jerk when I say that I hope it's not because you lost more money than is advisable in this strange financial experiment of ours.
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April 13, 2015, 12:38:32 PM

The END has come...  Bitcoin down on 0.0 US$:

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April 13, 2015, 12:46:07 PM

The END has come...  Bitcoin down on 0.0 US$:



They're just adjusting the counters to make room for more numbers
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April 13, 2015, 12:48:17 PM

By the way NLC keeps talking to himself I think we might have been wrong about him. He might be in serious need of help.
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April 13, 2015, 12:49:03 PM

The END has come...  Bitcoin down on 0.0 US$:



They're just adjusting the counters to make room for more numbers

this is it people someone got himself a quantum computer and hacked all private keys
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April 13, 2015, 12:58:29 PM

Coin
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April 13, 2015, 12:58:43 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??
Okurkabinladin
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April 13, 2015, 01:02:19 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

I´d say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom.
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April 13, 2015, 01:02:37 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

Depends on how long we over around $200-210. If we brake down from here I would think 180 would be good.
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April 13, 2015, 01:11:02 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

I´d say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom.

Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 summer,  i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low...
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April 13, 2015, 01:12:39 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

I´d say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom.

Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 sommer,  i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low...

Bears always planning for one final crash..because 'line on a chart points down'..

Yawn.
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April 13, 2015, 01:21:17 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

I´d say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom.

Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 summer,  i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low...

If we don't find some buying pressure at $200, a dip to $140-150 seems plausible.
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April 13, 2015, 01:22:45 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

I´d say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom.

Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 sommer,  i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low...

Bears always planning for one final crash..because 'line on a chart points down'..

Yawn.

true, but we, the bulls, fucked it up on the 300 resistance and the recovery just got much longer than it probably needed to be...
Feri22
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April 13, 2015, 01:23:22 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

I´d say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom.

Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 summer,  i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low...

If we don't find some buying pressure at $200, a dip to $140-150 seems plausible.

Agreed
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April 13, 2015, 01:25:58 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

I´d say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom.

Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 sommer,  i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low...

Bears always planning for one final crash..because 'line on a chart points down'..

Yawn.

Bears have had it easy for the last 16 months. Let's hope hubris doesn't smack them over the head (well, we sort of do, don't we?). Saying that the price will drop because it has done so for one and a half year doesn't make you an oracle.
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April 13, 2015, 01:28:51 PM



Newbies are now aware that like hardware scams permiated the btc community in 2012-2013. 2014 was the year of the altcoin scams.

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April 13, 2015, 01:29:00 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

I´d say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom.

Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 summer,  i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low...

If we don't find some buying pressure at $200, a dip to $140-150 seems plausible.
As would a rise to $250 again.  It's a crapshoot at the moment, the amount of money moving into the Bitcoin environment is rising greatly, but apparently the amount of bitcoin being bought up is low, thus the price is falling.  I remain bullish and will buy more at sub$200 if that happens any time soon.
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April 13, 2015, 01:43:41 PM

It looks like really slow/boring downside movement, where we will test support around 200-220..if we break that support, damn, it will take long time before we will truly reverse the bear trend...my crystal ball told me that this morning

so i am placing buys on 20 BTC @ 180...do you think its too low / or still too high??

I´d say too high, entire movement since january seems now like H/S pattern, which would point to lower lows 90-130. However 180 is safe bet unless you go in leveraged, bitcoin should recover fairly quickly after crashing to bottom.

Many people predicting 80-120 prices...i somehow refuse to believe that after so great fundamentals and difficulty x times higher than 2013 summer,  i would buy in the same range i was buying most of my coins...i will probably go like 80% of my money to 160-180 and 20% i will hide for the final crash to 100-120 but i really don't believe we will go that low...

If we don't find some buying pressure at $200, a dip to $140-150 seems plausible.
As would a rise to $250 again.  It's a crapshoot at the moment, the amount of money moving into the Bitcoin environment is rising greatly, but apparently the amount of bitcoin being bought up is low, thus the price is falling.  I remain bullish and will buy more at sub$200 if that happens any time soon.

I don't need a rise to $250. I need a rise to $380 and beyond.
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April 13, 2015, 01:58:27 PM

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April 13, 2015, 01:59:32 PM

Gotta say I'm tempted to close this long.
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