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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 - 8 (5.9%)
H2 2019 - 15 (11%)
H1 2020 - 25 (18.4%)
H2 2020 - 25 (18.4%)
H1 2021 - 11 (8.1%)
H2 2021 - 27 (19.9%)
H1 2022 - 6 (4.4%)
H2 2022 - 4 (2.9%)
H1 2023 - 0 (0%)
H2 2023 - 2 (1.5%)
2024 or Later - 13 (9.6%)
Total Voters: 136

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21284983 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. (100 posts by 19 users deleted.)
sonofliberty
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April 13, 2015, 06:45:33 PM

leveraged long at 225. another dump unlikely.

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April 13, 2015, 06:45:42 PM

leveraged long at 225. another dump unlikely.

get ready to get margin called in 3 hours.
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April 13, 2015, 06:45:54 PM

what is the bad news?

Wandererfromthenorth
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April 13, 2015, 06:45:59 PM

It's happening.  Longs are going to get margin called.  @ 224 right now!
The funny thing is that the majority of longs will not close anytime soon. They will close only if when it goes in the 100s or double digits. Like it happened on the downtrend before the $150 crash, the real long squeeze happened relatively near the bottom.

It's like a lot of longers don't close as price goes down and stay severly underwater for a long time until they are margin called completely. Don't know what they are thinking tbh

Ergo: real fireworks will start in a few weeks in the 100s.
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April 13, 2015, 06:46:09 PM

leveraged long at 225. another dump unlikely.

Xiaoxiao
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April 13, 2015, 06:47:02 PM

It's happening.  Longs are going to get margin called.  @ 224 right now!
The funny thing is that the majority of longs will not close anytime soon. They will close only if when it goes in the 100s or double digits. Like it happened on the downtrend before the $150 crash, the real long squeeze happened relatively near the bottom.

It's like a lot of longers don't close as price goes down and stay severly underwater for a long time until they are margin called completely. Don't know what they are thinking tbh

Ergo: real fireworks will start in a few weeks in the 100s.

Yeah true that. Market still shows $26m in longs.
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April 13, 2015, 06:47:10 PM

I honestly think bitcoin is going to be done within 2-3 years.
These price slumps just aren't sustainable.
Who is going to be interested in an asset that's constantly losing value.

I'm a HODLER but I fear for bitcoin.

You fear for yourself, not for bitcoin. Do not lie to yourself.
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April 13, 2015, 06:48:12 PM

No long margin cascade yet

Probably no update on bitfinex yet. That drop sure was full of margin calls... Finex engine was selling big.

Actually, it changed from 25.9m to 25.6 in the last few hours.  So 300k less longs.
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April 13, 2015, 06:48:27 PM

I honestly think bitcoin is going to be done within 2-3 years.
These price slumps just aren't sustainable.
Who is going to be interested in an asset that's constantly losing value.

I'm a HODLER but I fear for bitcoin.

NO, you will act like a perma bulltard once fake recover (ie: $200 bounce to $207) happens again.
You always did that. dead cat bounces always make you hope again!

Blah blah blah. Blah.

Am i right about what i say he is?
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April 13, 2015, 06:50:02 PM

No long margin cascade yet

Probably no update on bitfinex yet. That drop sure was full of margin calls... Finex engine was selling big.

Looks like it updated a bit

300k closed

Next dump will trigger quite a bit more
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April 13, 2015, 06:52:10 PM

Yikes
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April 13, 2015, 06:52:24 PM

All done at 225?  Hobble along here for a while, I think.


In the last few months, I have been having some difficulties understanding the recent BTC price performance, especially being stuck int he $200s price range... and I really do NOT understand the current price drop... Can anyone (like a NON-troll) give some reasonable explanation for this situation?

I'm thinking that a decent price stability point would be well above $700... .. but I seem to be off by at least a factor of three (and even more)... Wowza...
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April 13, 2015, 06:52:48 PM

I'm still not impressed, by this low volume dump, please dump on high volume to 10$ as promised please.
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April 13, 2015, 06:54:11 PM

so this is it this is how the story ends, 2.5K BTC is hodling back extreme DOOM for the moment, soon it will be pulverized and DOOM will follow, oh look wall gone DOOM is here, its been fun guys, i must go now.



Saving that gif. Looks like I might need it soon.
dakota neat
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April 13, 2015, 06:56:40 PM

^ take your meds, it's getting pathetic
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April 13, 2015, 06:56:59 PM


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April 13, 2015, 06:57:31 PM



Dear satoshi save us from DOOOOOOM
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April 13, 2015, 06:58:12 PM

All done at 225?  Hobble along here for a while, I think.


In the last few months, I have been having some difficulties understanding the recent BTC price performance, especially being stuck int he $200s price range... and I really do NOT understand the current price drop... Can anyone (like a NON-troll) give some reasonable explanation for this situation?

I'm thinking that a decent price stability point would be well above $700... .. but I seem to be off by at least a factor of three (and even more)... Wowza...

I'm pretty sure it's just the same thing as for the last few months, a heavy bear market. Whether due to retailers accepting bitcoin and converting it into fiat, manipulation, miners, hacked bitcoin sells, or a combination of all the above, not enough has yet changed to reverse the trend. It's changing for sure, but fairly gradually.
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April 13, 2015, 06:58:22 PM

what is the bad news?

Maybe one of these:

Bruce Fenton new Exec Director of the Shrem Karpelès & Friends Foundation:
https://blog.bitcoinfoundation.org/the-bitcoin-foundation-welcomes-bruce-fenton-as-executive-director/

Bitcoin Baron arrested for hacking:
http://www.komu.com/news/man-who-claims-he-hacked-columbia-komu-websites-jailed-in-az/

 Grin
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April 13, 2015, 06:58:46 PM

Coin
Explanation
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