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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26367034 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. (174 posts by 3 users with 9 merit deleted.)
becoin
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September 13, 2017, 04:38:51 PM

Bear trap is slowly closing. Many thanks for the cheap coins!
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JayJuanGee
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September 13, 2017, 04:45:24 PM

I am not really worried but actually annoyed ...

The 5000 USD was within reach and now we are going slowly down and even crashed through the 4000 USD mark I didn't think would happen.

Every time we slowly move up again apparently some whale dumps because we then get one big red candle. This is going on for weeks now.

I think that it is way too fucking early to be panicking like that and making statements of frustration.

We have 5 weeks of green candles followed by one week of a red candle.  We are currently in the midst of a red weekly candle, o.k... so fucking what?  corrections happen, right?

Surely too early to figure out whether this week's candle is going to close as red or green - because it appears that the changing point is around $4250... This week's candle could close either red or green... both are within reach... seems to me.

Am I pie in the sky about a possible green candle for this week?  I doubt it, and even if this week is red, so fucking what, there could thereafter be decent chances for next week's candle to be green, no?  And, even if this week's candle and next week's candle is red, so fucking what (again)?   

I think that you are overstating the case - in your assertion "going on for weeks now?"  not even an accurate account of what has been "going on", seems to me.
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September 13, 2017, 04:50:34 PM

shitcoins move up ... now.



Bitcoin will follow.
becoin
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September 13, 2017, 04:53:49 PM

shitcoins move up ... now.
Bitcoin will follow.

No. It is always Bitcoin that moves first. Then shitcoins follow. Their move is sharper as their market is thinner giving wrong impression that they move first.
gembitz
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September 13, 2017, 04:56:18 PM

Bear trap is slowly closing. Many thanks for the cheap coins!


even Gavin admits more attention to store of value Cool $1OO,OOO BTCerkshire your majesty Cheesy
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diamond-handed zealot


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September 13, 2017, 04:56:19 PM

here's the bull trap
gembitz
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September 13, 2017, 04:58:20 PM

shitcoins move up ... now.



Bitcoin will follow.


EMC2 strange grassroots movement occuring on radarzzz Cool #occupy:btc&emc2
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September 13, 2017, 05:00:40 PM

here's the bull trap

We shall see that trap closing at $10k before healthy correction to $5k.
savetherainforest
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Plant 1xTree for each Satoshi earned!


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September 13, 2017, 05:01:16 PM

Personally I am still bored AF  Angry

Bored? Put your life savings into Doge Wink


Nah - I am bored- unimpressed ,but not suicidal


Have some fun with some ICO's. Smiley
JayJuanGee
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September 13, 2017, 05:03:57 PM

Had to sell a bit to cover Q3 taxes and equipment. I hate selling on a dip, drat....

A sign of being overly invested.. in other words, you do not have your expenses projected out on a long enough timeline in order to provide you a large enough float.. whether that float needs to be $1k or $10k or $20k is something for you to determine ( but seems like you don't quite have it down, yet). 

I tend to project my expenses out a minimum of 6 months and frequently into the 18months or more timeline... so a lillie dip like this (and only for about 2 weeks) has not been going on long enough to cause anything close to cash flow pressures - Sure, if it goes on for 6 months or it goes down another 50%, then that could be another story for me, and I would want to start adjusting now for what could happen 6 months from now so I am not selling at the bottom, if that were the case.
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Still a manic miner


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September 13, 2017, 05:08:34 PM

Personally I am still bored AF  Angry

Bored? Put your life savings into Doge Wink


Nah - I am bored- unimpressed ,but not suicidal


Have some fun with some ICO's. Smiley

Still mad about Doge, Bren? it´s a recurring subject for you !!

chau!!
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September 13, 2017, 05:11:07 PM

Personally I am still bored AF  Angry

Bored? Put your life savings into Doge Wink


Nah - I am bored- unimpressed ,but not suicidal


Have some fun with some ICO's. Smiley

i am having fun now Smiley

(Had  some serious ICO fun too Wink gotta be said )
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Smaller fishes can be younger but also smart ;p


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September 13, 2017, 05:15:24 PM

Rebound at the following fibo support after the last ATH correction. It's a classic.
Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.
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September 13, 2017, 05:17:45 PM

Rebound at the following fibo support after the last ATH correction. It's a classic.
Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.

Where is the next fibo line up? Bottoming from 3750usd must put us to...around 4100usd with this rebound? or am I being too optimistic?
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September 13, 2017, 05:25:08 PM

The only thing I hate about when bankers like Dimon start calling the death of Bitcoin is that I have to spend the day listening to all the lovely people I work with tell me what an idiot I am for owning bitcoin. Never mind that I first bought in June 2013
JayJuanGee
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September 13, 2017, 05:25:55 PM

SODL or HODL?


Wrong questions.


It's BUYDL or HODL?

Hellrow?
Asrael999
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September 13, 2017, 05:26:15 PM

Rebound at the following fibo support after the last ATH correction. It's a classic.
Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.

Where is the next fibo line up? Bottoming from 3750usd must put us to...around 4100usd with this rebound? or am I being too optimistic?
To optimistic - next wave of Chinese sellers tomorrow
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Smaller fishes can be younger but also smart ;p


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September 13, 2017, 05:29:41 PM

Rebound at the following fibo support after the last ATH correction. It's a classic.
Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.

Where is the next fibo line up? Bottoming from 3750usd must put us to...around 4100usd with this rebound? or am I being too optimistic?

4100$ looks good to me, but if we break 4000 we need to see a higher green candle  Grin
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September 13, 2017, 05:36:39 PM

Should do about 4100$ unless bad news come.
It can go as high as 4250$, eventually.

Cannot rule out a bull trap though.
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September 13, 2017, 05:46:17 PM

Rebound at the following fibo support after the last ATH correction. It's a classic.
Now let's see if the uptrend continues. Breaking the 4k spot again in the few next hours would be good news.

Where is the next fibo line up? Bottoming from 3750usd must put us to...around 4100usd with this rebound? or am I being too optimistic?

On a daily chart the first Fibonacci resistance level up is $4017 if the bottom is in at $3720. Going the other way next long term Fibonacci support level is at $3136.
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