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Question: Is this the last time we see sub-$10K?
Yes - 38 (40.9%)
No - 55 (59.1%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21535242 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.)
600watt
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June 26, 2017, 09:44:24 AM

i was scared when i saw the btc price going down today. then i checked this:

https://www.coingecko.com/de

all crypto is going down. this turbulence will drag btc with it, but only due to some weak hands panicking.

so nothing to worry.

bitcoin will keep rising.
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June 26, 2017, 09:53:05 AM

Almost 6am in the states. What will those shifty Americans do next?
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June 26, 2017, 09:55:34 AM

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/



Those of you who know MasterLuc, he has been accurate in the past. Here is his prediction. If this is true then no need to panic.


I don't believe a lot of predictions but for some reason I am drawn to his posts and opinions.

This graph has the beauty of the classical masterpieces. If masterluc were an architech this would be an gothic cathedral. I share his vision too.


I feel it's a little high in a short timeframe but then again...who the hell am I? I'll just enjoy it and keep on with my life.


I would consider three possible tops.

1) $4k to $6k

2) $9k to $12k

and

3) $15k to $20k



I cannot see going higher than $20k at the absolute highest in this particular run, but $4k to $6k would be more realistic, but if scaling does get unambiguously resolved then the more bullish scenarios become more likely.
starmman
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June 26, 2017, 10:02:25 AM

i was scared when i saw the btc price going down today. then i checked this:

https://www.coingecko.com/de

all crypto is going down. this turbulence will drag btc with it, but only due to some weak hands panicking.

so nothing to worry.

bitcoin will keep rising.

I'm liking all the volatility - its fun trying to keep hold of gains during a bearish market
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June 26, 2017, 10:03:19 AM

Were going lower
There is No bad news nothing But still its going down
The uptrend ended i think?
Azië is awake already But its not going Well for the crypto

This is the final shakeout before the parabolic rise post segwit implementation.

Everyone needs to watch this recent podcast

https://www.youtube.com/watch?v=Dcw-1JZPbvA&t=1

We are most definitely going to be seeing 5 figures soon.

So whats exactly happening at the moment? In the last week or two BTC and ETH its done nothing but drop and drop where and when will this end? (Fairly new to BTC and don't really understand economics to a decent level.) 1st August seems to me (As a newb) as the coming D-day where it'll sink or swim. Is there a round up of things happening anywhere? assuming there is more than segwit(1st August) and Australia(1st July) happening?

I read that segwit means it'll either split the chain which would be bad or it won't (good). If it doesn't split then it means they'll be more BTC to play around with right? if thats true then why wouldn't the price drop if they're more to go around? (Sorry if this doesn't make much sence just trying to get my head around it all)

hopefully you are investing in the long term and don't get caught up in the short term swings, except maybe to buy more on dips, and if you sell, mostly sell small amounts on the way up, rather than engaging in panic sells.... so buy on the way down  and sell on the way up.. and dont get worked up about it.

Yes, hopefully before August 1, we will have a partial resolution with the likely implementation of seg wit... later down the road, maybe September or October, we may be resuming division discussion regarding the hardfork 2mg upgrade quastion.

Yeah I'm only at 0.4BTC slowly but steadily buying more with the idea of hodling as they say. It's just difficult as a new guy as everytime I seem to put alittle bit more in the price drops the day after lol


Those of us who have been in for a while have war stories, and of course, past performance is not a predictor of future performance, but dollar cost averaging is a solidly known strategy in personal financing circles, so if you invest a small amount every week, even if it is only $20 per week, the amount will add up over time, and likely your average cost per purchase will actually be less than the price per BTC.

It actually took me two years to come out of the red, because I began buying in late 2013, and I bought through 2014 and 2015, by the end of 2015, my average cost per BTC was a bit more than $500, but the price of bitcoin was only about $250-ish.  ... Anyhow, if you are not over-leveraging and you have a few years, it will likely work in your favor, and of course you can tweak your strategy along the way, if you feel that you need to tweak it.  I have been constantly tweaking for nearly 4 years.. and still learning and it remains a very interesting space and an interesting investment to follow.
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June 26, 2017, 10:51:29 AM

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/



Those of you who know MasterLuc, he has been accurate in the past. Here is his prediction. If this is true then no need to panic.


I don't believe a lot of predictions but for some reason I am drawn to his posts and opinions.

This graph has the beauty of the classical masterpieces. If masterluc were an architech this would be an gothic cathedral. I share his vision too.


I feel it's a little high in a short timeframe but then again...who the hell am I? I'll just enjoy it and keep on with my life.


I would consider three possible tops.

1) $4k to $6k

2) $9k to $12k

and

3) $15k to $20k



I cannot see going higher than $20k at the absolute highest in this particular run, but $4k to $6k would be more realistic, but if scaling does get unambiguously resolved then the more bullish scenarios become more likely.


I believe 3 tops are pretty reasonable predictions JJG.
Raja_MBZ
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It's over $9000!!


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June 26, 2017, 10:59:36 AM

i was scared when i saw the btc price going down today. then i checked this:

https://www.coingecko.com/de

all crypto is going down. this turbulence will drag btc with it, but only due to some weak hands panicking.

so nothing to worry.

bitcoin will keep rising.

Well whenever bitcoin's value decreases, the alts get a decrease too, and that's what happening right now.

Currently, according to Poloniex:

Bitcoin now stands at $2400 while ETH at $250. Pretty nice decreases.
DanielRamos1
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June 26, 2017, 12:10:21 PM

sacrificial lamb is needed to feed the wolves ~ or bitcoin will freefall ===> bittrex why you do us dirty? :\  meh
Auxi
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June 26, 2017, 12:30:45 PM

i was scared when i saw the btc price going down today. then i checked this:

https://www.coingecko.com/de

all crypto is going down. this turbulence will drag btc with it, but only due to some weak hands panicking.

so nothing to worry.

bitcoin will keep rising.

Well whenever bitcoin's value decreases, the alts get a decrease too, and that's what happening right now.

Currently, according to Poloniex:

Bitcoin now stands at $2400 while ETH at $250. Pretty nice decreases.
Poloniex use USDT, it isnt USD, the price there is always lower
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June 26, 2017, 12:56:20 PM

i was scared when i saw the btc price going down today. then i checked this:

https://www.coingecko.com/de

all crypto is going down. this turbulence will drag btc with it, but only due to some weak hands panicking.

so nothing to worry.

bitcoin will keep rising.

Well whenever bitcoin's value decreases, the alts get a decrease too, and that's what happening right now.

As some alts trade back into btc, the alts will fall faster and bitcoin will have a more soft descent. Bitcoin's dominance % should rise some.

But whale traders will mostly trade btc back to fiat ( because they're smucks, lol). Look at the total crypto market cap. The whole sector is down. About $15B has been wiped off the top already.
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June 26, 2017, 02:43:21 PM

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In order to dump coins one must have coins


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June 26, 2017, 03:00:59 PM

sacrificial lamb is needed to feed the wolves ~ or bitcoin will freefall ===> bittrex why you do us dirty? :\  meh


 Roll Eyes

Oh i can't wait for this  Grin oh noes BTC crashed to $2k = BTC is dead  Grin
bitserve
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June 26, 2017, 03:17:23 PM

The FUD is strong with this one.
Icygreen
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June 26, 2017, 03:24:55 PM

And coinbase down. haha
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June 26, 2017, 03:27:18 PM

Keep an eye on the total crypto market cap.

If we break below the $97B cap and stay there for a while, the total crypto market downtrend will be confirmed.

At that point I think alts will start trading back into btc on every btc dip.

We hit $96B. Stay frosty my friends.
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June 26, 2017, 03:29:51 PM

Keep an eye on the total crypto market cap.

If we break below the $97B cap and stay there for a while, the total crypto market downtrend will be confirmed.

At that point I think alts will start trading back into btc on every btc dip.

We hit $96B. Stay frosty my friends.

they'll be going straight for dollars. altcoin pumpers don't care about bitcoin. if they get dollars through bitcoin then that's a negative and it's probably the main route.
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June 26, 2017, 03:32:14 PM

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/



Those of you who know MasterLuc, he has been accurate in the past. Here is his prediction. If this is true then no need to panic.


I don't believe a lot of predictions but for some reason I am drawn to his posts and opinions.

This graph has the beauty of the classical masterpieces. If masterluc were an architech this would be an gothic cathedral. I share his vision too.


I feel it's a little high in a short timeframe but then again...who the hell am I? I'll just enjoy it and keep on with my life.


I would consider three possible tops.

1) $4k to $6k

2) $9k to $12k

and

3) $15k to $20k



I cannot see going higher than $20k at the absolute highest in this particular run, but $4k to $6k would be more realistic, but if scaling does get unambiguously resolved then the more bullish scenarios become more likely.

Randomly decided that 6-8k and 12-15k is not likely, strange. What i care about is what the bottom of this correction will be. I think it drops below 2k for a short while. You might see some bitcoin traded at 1500 before this correction is done.
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June 26, 2017, 03:44:25 PM

I think it drops below 2k for a short while. You might see some bitcoin traded at 1500 before this correction is done.

You've sold your bitcoins at 1500? I feel sorry for your loss.
 
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June 26, 2017, 03:48:15 PM

altcoin pumpers don't care about bitcoin.

Wrong.
Most of alt pumpers are bitcoin seller anticipating correction that never happened.
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June 26, 2017, 03:53:43 PM

I think it drops below 2k for a short while. You might see some bitcoin traded at 1500 before this correction is done.

You've sold your bitcoins at 1500? I feel sorry for your loss.
 


I really do not hope that it will not go that deep. I shure smell some denial though.

IF you need a strong chart indicator take a look at the "Williams Alligator" forming
in the 6h graph.

Here have an excerpt from tomorrows newspaper:

27.06.2017



Two cryptoinvestors died in a routine trade on tuesday on kraken.com after their marcet situation turned out to be a bear, authorities said.
The accident took place with a denial trading sentiment. Both were highly experienced and had never had a bear deploy from their parachute pack before.

Local police said that the moment the trade was pulled, a bear released. “We don’t know how long it had been in there, or how it survived,” one officer on the scene said.
“But it was very hungry. It began eating the bitcoin investors mid-plummet.”
 
“The cause of death was being eaten by a bear. They never even reached the ground,”
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