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Question: Next Bubble Top (resulting in a new ATH):
Will never reach a new ATH - 9 (7.7%)
$20,000-$49,999 - 24 (20.5%)
$50,000-$99,999 - 29 (24.8%)
$100,000-$149,999 - 23 (19.7%)
$150,000-$199,999 - 9 (7.7%)
$200,000-$249,999 - 7 (6%)
$250,000-$299,999 - 2 (1.7%)
$300,000-$350,000 - 1 (0.9%)
>$350,000 - 13 (11.1%)
Total Voters: 117

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21505029 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. (142 posts by 32 users deleted.)
marcus_of_augustus
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June 18, 2017, 03:48:38 AM

My working theory on weekend 'pumps' are that's when real people who use bitcoin create the real demand. On-line casinos ramp-up on weekends, potheads hit the dark net markets, escorts on craig's list get busy on business time and ex-pat slave workers get their one day weekend to send money back home using bitcoin remittances. Humans get their wallets out on the weekends, this is not news to anyone with half a clue.

Mostly on-line trading speculators are pretty dumb about what actually drives their respective markets, bitcoin doesn't appear to be any different.
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W3Coins
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June 18, 2017, 03:50:17 AM

Bitcoin has been on a good roll in the last couple of months, I'd say since late last year...

It's great to see, and hope the uptrend keeps going. It did retreat a little late this week but it's going back up nicely.
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June 18, 2017, 03:50:44 AM

As much as I share the happy sentiment that the "chikun has arisen" we should probably keep the topic on Bitcoin here. adamstgBit's will have to spend all day deleting posts if it gets more out of hand.  Cheesy

Adam got deleted a long time ago.

Oh. Guess I wasn't paying attention. Does he have a new account? Anyhow, the forum mods still delete off-topic posts. Thanks for pointing it out.

Some think that Killerpotleaf is Adam's new account. There's nothing that I know of that definitely links the two accounts, but Killerpotleaf does share Adam's sense of humour.

AFAIK, the last time Killerpotleaf posted anything was a night in which he went full retard posting *lots* of memes about an incoming huge hapening. A couple days later the biggest Bitcoin pump started. I want to think he meant a huge PUMP was going to happen and not the opposite. It would be sad if he sold thinking a huge dump was going to happen.



He usually does that on pumps... and on dumps he barely says anything... Smiley

Good to know. When that happenned the price was under $2000. He haven't even logged on after that night.
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June 18, 2017, 04:09:50 AM

This is outstanding and interesting. Despite the fact that the capital market are closed for the weekend the price of bitcoin rise from 2552$ to 2662$.  Could this be the work of a couple of Japan’s iconic and popular capsule hotels which now accept bitcoin?

People hedging that the issue is going to be resolved end of July and that we are moving quickly towards a non-fork solution. Optimism and pessimism tugging at bitcoin. Optimists have more control because FOMO strength is very strong last 6 months and getting stronger. Bitcoin showing power of its brand and strength of its non-technical user base.
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June 18, 2017, 04:27:22 AM

Bitcoin has been on a good roll in the last couple of months, I'd say since late last year...

It's great to see, and hope the uptrend keeps going. It did retreat a little late this week but it's going back up nicely.
Yes, bitcoin does bring smile into peoples face this year and it all started with Saxo Bank prediction last year. Nevertheless, the price is now down by 9$ but it all good cause every business must accept a little debt in other to be success.
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June 18, 2017, 06:06:52 AM

Bitcoin has been on a good roll in the last couple of months, I'd say since late last year...

It's great to see, and hope the uptrend keeps going. It did retreat a little late this week but it's going back up nicely.

Yes, I was expecting $1800 at most until August but things turned to be much better than expected and with no big pump, until now. And the scalability and fork discussion coming to an end is good, even if the effect turns out to be worse than Gox. Until the issue is solved, will be harder for Bitcoin and the cryptos in general grow, so for me whatever happens in August will be positive.
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June 18, 2017, 07:46:58 AM

Hi everyone,

I want to ask something...

I am trying to understand And analyse the charts/price of bitcoin.
Sure i Did more research And watch all day the charts for my own.
Reading many topics for speculations what others also try to understand bitcoin.

But what i Dont understand is.. the price swings like now whats happening on (kraken).
We have a natural growth what Goes up, Ofcourse i understand also that this is bitcoin.
Many told me that this price going up And down like 1% - 15% on a price around €2400 is normal.
Yes Ofcourse its manupilation by big investers, But How is iT possible that iT can decline in 5 minutes
So much € if its growing natural in price.

Someone who can explain with details please beceause i want to understand And
Correct me if i am wrong Ofcourse i want to learn about bitcoin.

Thank you for aswering about what i said.
orpington
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June 18, 2017, 08:06:55 AM

Hi everyone,

I want to ask something...

I am trying to understand And analyse the charts/price of bitcoin.
Sure i Did more research And watch all day the charts for my own.
Reading many topics for speculations what others also try to understand bitcoin.

But what i Dont understand is.. the price swings like now whats happening on (kraken).
We have a natural growth what Goes up, Ofcourse i understand also that this is bitcoin.
Many told me that this price going up And down like 1% - 15% on a price around €2400 is normal.
Yes Ofcourse its manupilation by big investers, But How is iT possible that iT can decline in 5 minutes
So much € if its growing natural in price.

Someone who can explain with details please beceause i want to understand And
Correct me if i am wrong Ofcourse i want to learn about bitcoin.

Thank you for aswering about what i said.

Really big manipulation by really big investors.  Thats all.
fluidjax
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June 18, 2017, 08:07:15 AM

Not even subtle, someone is trying very hard to force the price down.

Dakustaking76
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June 18, 2017, 08:09:21 AM

damn its sinking like a ship
r0ach
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June 18, 2017, 08:15:13 AM

Place your bets on the bitcoin head and shoulders:



*Although if anyone actually bothered to short it, they would just get squeezed and price would go higher because nothing about this market is actually real, it just goes wherever there is someone to squeeze.
becoin
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June 18, 2017, 08:16:18 AM

damn its sinking like a ship

Many people want cheap bitcoins and will try to shake the weak hands.
fluidjax
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June 18, 2017, 08:17:46 AM

Place your bets on the bitcoin head and shoulders:




Perhaps someone else will join in on the second dump.
Dakustaking76
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June 18, 2017, 08:18:01 AM

What is this roach saying head And shoulder?? Second person posting that
andyatcrux
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June 18, 2017, 08:18:42 AM

damn its sinking like a ship

Many people want cheap bitcoins and will try to shake the weak hands.


They often try to get people margin called on their longs too, to further push it down. A bunch of liquidations occurred about 10 minutes ago. May be time to go up again.
jaberwock
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June 18, 2017, 08:19:09 AM

I noticed this recent down move started in China.

Are there any news from China? Will they allow or disable withdraws? Will PBOC ban BTC again?
r0ach
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June 18, 2017, 08:20:52 AM

They often try to get people margin called on their longs too, to further push it down. A bunch of liquidations occurred about 10 minutes ago. May be time to go up again.

There is no bitcoin market.  Every single move from $200 to $800 (besides some halving element) was entirely a short squeeze.  The market didn't move an inch unless there was someone to squeeze.  Only recently has that paradigm changed somewhat, but it will probably fall back into that old state again where the price only goes in a direction in which a manipulator can fuck over someone.
Ted E. Bare
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June 18, 2017, 08:21:18 AM

Last time r0ach was talking about a bearish head and shoulders bitcoin went from $1100 to $3000.
Dakustaking76
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June 18, 2017, 08:26:06 AM

Lol everyrhing on the charts turner orange/red

Whats happening can someone explain?
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June 18, 2017, 08:29:48 AM
Last edit: June 18, 2017, 08:43:53 AM by mymenace

Hi everyone,

I want to ask something...

I am trying to understand And analyse the charts/price of bitcoin.
Sure i Did more research And watch all day the charts for my own.
Reading many topics for speculations what others also try to understand bitcoin.

But what i Dont understand is.. the price swings like now whats happening on (kraken).
We have a natural growth what Goes up, Ofcourse i understand also that this is bitcoin.
Many told me that this price going up And down like 1% - 15% on a price around €2400 is normal.
Yes Ofcourse its manupilation by big investers, But How is iT possible that iT can decline in 5 minutes
So much € if its growing natural in price.

Someone who can explain with details please beceause i want to understand And
Correct me if i am wrong Ofcourse i want to learn about bitcoin.

Thank you for aswering about what i said.

margins and volume

at the moment not enough want to sell below recent high and not enough want to buy above recent low(dump), what you end up with is big margins

so when someone wants to dump a lot they have to dump very low, when someone wants to buy alot they have to buy very high

hence the big swings, often occurs after a big drop bear comes in and dumps on the market


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