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Question: Next Bubble Top (resulting in a new ATH):
Will never reach a new ATH - 7 (7.4%)
$20,000-$49,999 - 20 (21.3%)
$50,000-$99,999 - 23 (24.5%)
$100,000-$149,999 - 20 (21.3%)
$150,000-$199,999 - 7 (7.4%)
$200,000-$249,999 - 5 (5.3%)
$250,000-$299,999 - 1 (1.1%)
$300,000-$350,000 - 1 (1.1%)
>$350,000 - 10 (10.6%)
Total Voters: 94

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21501719 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. (138 posts by 32 users deleted.)
Ibian
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June 12, 2017, 09:18:59 PM

>Lost $10k today.

>Meh.
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conspirosphere.tk
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June 12, 2017, 09:22:12 PM

Lately the 100 day EMA is offering a good support. Good to know for your next bids.
becoin
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June 12, 2017, 09:22:51 PM

>Lost $10k today.

>Meh.

Nobody should gamble with max margin!
julian071
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June 12, 2017, 09:23:18 PM

>Lost $10k today.

>Meh.

Aw fuck! Hope it's not to big a dent in your trading stash....
ARTISTCOLONY
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June 12, 2017, 09:28:31 PM

Just got back with my newest paper wallet. Not a lot but better than nothing. If, on the long-shot chance it goes even lower, I'll buy some more. I'm expecting some Fiat revenues later today.

This wasn't the deepest dip... less than 17% at Stamp, even lower at Bitcoinaverage, but it's also better than nothing.

Still, it's only half the dip we had in May when it fell 33% and we all saw how quickly it rebounded from that... 9 days to a new ATH.

Let's see how long it takes this time.
______

Meanwhile I see $2600 at stamp. Reminds me of the days of phone phreaking and Captain Crunch whistles. For you youngsters, 2600 hertz was the tone frequency used to open lung distance trunks on the old analog phone system. It's still used as the name of a hacker publication.

 Cool

Oops now it's $2664. Up we go.


$2500 x $5000 new market range Cool  gooooo btc!!
Ibian
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June 12, 2017, 09:36:41 PM

>Lost $10k today.

>Meh.

Nobody should gamble with max margin!
Heh. That's just my cold stash. I don't actually trade, other than when it matches with my other priorities.
JimboToronto
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June 12, 2017, 09:47:40 PM

I was hoping for a dip after reading elwar's experiences. He said the previous 2013 bull run ended after the price doubled in a week. This dip's slowing the bull run down and keeps us out of the doubling in a week danger zone.

Exactly. I've been preaching about the value of regular corrections for some time now as proof we're not in a bubble.

A solid deeper correction every now and then is also important as long as it stays well above the bottom of the previous one.

That's precisely what's happening now... $1900 down to $1600 in early May, $2700 down to $1800 in late May, $3000 down to $2500 in June.

No bubbles, just healthy growth in a long-tern fairly steady uptrend that shows no reason to stop or run away with itself.

Go Bitcoin go.
orpington
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June 12, 2017, 09:57:43 PM

new ATH by friday - yawn
becoin
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June 12, 2017, 09:59:40 PM

>Lost $10k today.

>Meh.

Nobody should gamble with max margin!
Heh. That's just my cold stash. I don't actually trade, other than when it matches with my other priorities.

Ah okay. You'll have them back in 2 days.
JayJuanGee
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June 12, 2017, 10:09:47 PM

The end is near, Bitcoin has finally lost it's market dominance to Electra  (Market cap now over 3x Bitcoin) Grin

http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/

(Market cap is such a useful metric)


Sure, Market cap is a useful metric, but it does not tell the whole story.

We have had an infusion of capital into a large number of cryptos, including bitcoin, and seemingly disproportionately into various alts, especially ETH... however, at the same time, there are some smoke and mirrors going on too, especially if there is some controlling of the supply to cause affects on market cap and/or changes in price.

So, we should also be considering premining, restriction of supply, hiding of supply and liquidity in order to attempt to better understand whatever market cap is represented at coinmarketcap.com.
Chef Ramsay
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June 12, 2017, 10:19:30 PM

https://twitter.com/clif_high/status/874318298401316868
https://twitter.com/clif_high/status/874343355622211584
Ibian
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June 12, 2017, 10:25:17 PM

Drunk thought: The stupid rise of alts is a trap to trick people into divesting btc into ANYTHING ELSE. And then pumping btc.
sirazimuth
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June 12, 2017, 10:31:53 PM

well... being a long time hodler,
these corrections/crashes/dumps (whatever you wanna call it) are almost getting boring now....
don't like the heat?... stay outta the kitchen
conspirosphere.tk
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June 12, 2017, 10:50:41 PM

Drunk thought: The stupid rise of alts is a trap to trick people into divesting btc into ANYTHING ELSE. And then pumping btc.

no: and then PULL IT, that is try to crash them all at once. Imagine the bad publicity for crypto by what might happen with ETH.
JimboToronto
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June 12, 2017, 10:55:42 PM

>Lost $10k today.

>Meh.

Nobody should gamble with max margin!
Heh. That's just my cold stash. I don't actually trade, other than when it matches with my other priorities.

Let's see, down about $400 per coin today, that's a couple dozen coins?  Wink

How much are the Winklevoss twins down today?

Answer: less than half of what they're still up since the start of May.  Grin
BlindMayorBitcorn
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June 12, 2017, 11:29:51 PM


The foundation has lots of fiat and lots of ETH. Maybe they can keep the price from crashing too hard?

Bail out? Sounds like the Fed.

Well, at least they'd be starting early. Hopefully they can also get Vitalik to set up some sort of 'QE' process too.  200 million, here they come! Wink

I'm itching to finally short this thing. But I don't think they're gonna let us.

JayJuanGee
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June 12, 2017, 11:44:36 PM

new ATH by friday - yawn

Gosh!!!!  Could be, but I would suspect it more reasonable to take an extra week, so maybe sometime in the middle of next week. 

On the other hand, I could understand that the bullish trend would just continue, since we have been quite close to breaking $3k on a couple of occasions, so in that regard, a quickie correction makes sense.
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June 13, 2017, 12:20:36 AM

Drunk thought: The stupid rise of alts is a trap to trick people into divesting btc into ANYTHING ELSE. And then pumping btc.

no: and then PULL IT, that is try to crash them all at once. Imagine the bad publicity for crypto by what might happen with ETH.

The funny thing is that either one of these scenarios could occur, and the 'community' would retroactively somehow rationalize how this it always the plan.  Cheesy
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June 13, 2017, 01:15:32 AM

Lost good opportunity to short some alts because my Bitcoin is stuck somewhere in the menpool.

Feeling bad
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June 13, 2017, 02:24:01 AM

GBMiners is now signalling segwit Smiley

Quote
This is a simple business decision. Bitmain is the only source for Bitcoin mining machines. Either you deal with Bitmain or you are not a miner and right now Bitmain wants people running Bitcoin Unlimited
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