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Question: New ATH today?
Yes - 35 (79.5%)
No - 9 (20.5%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25465176 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. (157 posts by 13+ users deleted.)
PoolMinor
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February 01, 2018, 11:44:56 PM

People, things are not complicated, this is not some kind of natural disaster, what is happening is that scammers at Scamfinex have to produce 1 US$ for every 1 USDT they produced out of the thin air, or they will go to jail. No matter how low the price is, they have no choice but to sell BTC, there's no other way they can produce US$. Point is they can not sell your coins, they can only sell theirs. It's that simple, why would anyone care if they loose the whole sum they've acquired through scam? They can either sell enough to cover the scam, or fail and go to jail. Sooner or later they will run out of BTC and the line will be drown under, their BTC will be in someone else hands, but your BTC will remain in yours. It's that simple, as someone said 1 BTC will always be 1 BTC, there's no reason to fear of their failure. Only way you can fail is to sell your coins, otherwise you can not lose because this is not your game that is happening right now.

If any of this conjecture were true, Bitfinex would be trailing in price not leading.

Why do you presume they are selling on their own exchange? They are in position to move fiat between the exchanges, which their customers can not do as easily as them. If you were in their place, wouldn't you do exactly what they are doing to cover the obvious?


I'm sure I could not see your tinfoil hat before.....but I can now.
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jojo69
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1/21000000 , the only math you need to know


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February 01, 2018, 11:45:59 PM

I'm not at all sure it's over yet.

It seems like with bitcoin we will know it's over when it turns so fast it snaps your head back and we get a +5K hourly candle.
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February 01, 2018, 11:46:52 PM

BOB!!!!!
You party poop!  You are really assessing further downward BTC prices?     Cry Cry Cry

I'm honestly not sure what I'm assessing, other than counting my blessings, and you fine folks for motivating me to take profits when I did.

I suck at prognosticating, but I'll echo the "Who SODL the bottom ?" sentiment with the way things are shaping up this afternoon.


Fair enough.  I rarely attempt to call anything with any kind of precision, either, even though I spout out some ideas from time to time.

In my previous comment, I was kind of hinging my labelling you as a "party poop" based on your assertion that the next month or two could be rough, or however it was that you had phrased it, which implied to me that you were putting a decent amount of weight on the possibility of further downward BTC price movements - even below where we had dipped today $8,400-ish). 

Who knows?  Who knows?

I do think that we are in a stage of BTC price dynamics analysis that is "critical" regarding whether we are going to experience further down that looks like early 2013 or a kind of longer term down that looks like 2014.  I am thinking, if anything, the early 2013 scenario seems to be the more closely analogous to our current market situation - under the idea that history might not repeat itself, but frequently it rhymes.
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February 01, 2018, 11:52:14 PM

I'm not at all sure it's over yet.

It seems like with bitcoin we will know it's over when it turns so fast it snaps your head back and we get a +5K hourly candle.


My thoughts also..where is the whiplash...I dont feel like I have been flogged nearly enough.


I am also curious when the flippening is going to happen. When will ETH over take BCH....I think its close.
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Deb Rah Von Doom


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February 01, 2018, 11:55:43 PM

Wasnt it just a couple months ago that eth fell all the way to some 0.02btc and now were already talking about the flippening again?
explorer
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February 01, 2018, 11:56:53 PM

I have a strong gut feeling something like this is going to happen:  Tongue





I remember a time when dinosaurs roamed the WO freely.  Now they are such a rare sight.


I came close to skipping pages today.  This can't keep up.  Or I can't.
btcbeliever
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February 01, 2018, 11:58:51 PM

a new price poll is needed.
Dakustaking76
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February 02, 2018, 12:08:07 AM

I have a strong gut feeling something like this is going to happen:  Tongue







Lol
Nice
Chart  Grin love dino's
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February 02, 2018, 12:08:30 AM

a new price poll is needed.
with more options below current price.
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February 02, 2018, 12:10:53 AM

I have a strong gut feeling something like this is going to happen:  Tongue





I remember a time when dinosaurs roamed the WO freely.  Now they are such a rare sight.


I came close to skipping pages today.  This can't keep up.  Or I can't.

These were some of my favourites from the triple digit stone age.










rezurect007
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February 02, 2018, 12:18:33 AM

Im out.
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February 02, 2018, 12:18:33 AM

I have a strong gut feeling something like this is going to happen:  Tongue





I remember a time when dinosaurs roamed the WO freely.  Now they are such a rare sight.


I came close to skipping pages today.  This can't keep up.  Or I can't.

These were some of my favourites from the triple digit stone age.












Haha! I saved a pile of them as well.  One day I will have to dig out that drive and get them posted back here Smiley
samsonn25
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February 02, 2018, 12:20:12 AM

Next major support is weekly moving average 7800
Toxic2040
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February 02, 2018, 12:21:51 AM

Wasnt it just a couple months ago that eth fell all the way to some 0.02btc and now were already talking about the flippening again?

I don't think its a threat to bitcoin...but its getting closer.  .113/.138 etc/bch. I can see that happening I guess..but I have to admit I am probably biased.
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February 02, 2018, 12:24:39 AM

People, things are not complicated, this is not some kind of natural disaster, what is happening is that scammers at Scamfinex have to produce 1 US$ for every 1 USDT they produced out of the thin air, or they will go to jail. No matter how low the price is, they have no choice but to sell BTC, there's no other way they can produce US$. Point is they can not sell your coins, they can only sell theirs. It's that simple, why would anyone care if they loose the whole sum they've acquired through scam? They can either sell enough to cover the scam, or fail and go to jail. Sooner or later they will run out of BTC and the line will be drown under, their BTC will be in someone else hands, but your BTC will remain in yours. It's that simple, as someone said 1 BTC will always be 1 BTC, there's no reason to fear of their failure. Only way you can fail is to sell your coins, otherwise you can not lose because this is not your game that is happening right now.
What makes you think they can’t sell “your” coins?
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February 02, 2018, 12:29:37 AM

People, things are not complicated, this is not some kind of natural disaster, what is happening is that scammers at Scamfinex have to produce 1 US$ for every 1 USDT they produced out of the thin air, or they will go to jail. No matter how low the price is, they have no choice but to sell BTC, there's no other way they can produce US$. Point is they can not sell your coins, they can only sell theirs. It's that simple, why would anyone care if they loose the whole sum they've acquired through scam? They can either sell enough to cover the scam, or fail and go to jail. Sooner or later they will run out of BTC and the line will be drown under, their BTC will be in someone else hands, but your BTC will remain in yours. It's that simple, as someone said 1 BTC will always be 1 BTC, there's no reason to fear of their failure. Only way you can fail is to sell your coins, otherwise you can not lose because this is not your game that is happening right now.
What makes you think they can’t sell “your” coins?

Simple.  YOUR coins are in YOUR control.  If they are on an exchange, they are NOT YOUR COINS.  Not that User705 needs to hear this, but there are a lot of noobs that need it drummed into their heads repeatedly.
Toxic2040
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February 02, 2018, 12:33:20 AM

What makes you think they can’t sell “your” coins?




You can not haz my keys....ever.
User705
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February 02, 2018, 12:35:19 AM

People, things are not complicated, this is not some kind of natural disaster, what is happening is that scammers at Scamfinex have to produce 1 US$ for every 1 USDT they produced out of the thin air, or they will go to jail. No matter how low the price is, they have no choice but to sell BTC, there's no other way they can produce US$. Point is they can not sell your coins, they can only sell theirs. It's that simple, why would anyone care if they loose the whole sum they've acquired through scam? They can either sell enough to cover the scam, or fail and go to jail. Sooner or later they will run out of BTC and the line will be drown under, their BTC will be in someone else hands, but your BTC will remain in yours. It's that simple, as someone said 1 BTC will always be 1 BTC, there's no reason to fear of their failure. Only way you can fail is to sell your coins, otherwise you can not lose because this is not your game that is happening right now.
What makes you think they can’t sell “your” coins?

Simple.  YOUR coins are in YOUR control.  If they are on an exchange, they are NOT YOUR COINS.  Not that User705 needs to hear this, but there are a lot of noobs that need it drummed into their heads repeatedly.
My bad I thought you were implying they can’t sell the coins you think are “yours” on their exchange.  Wink
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February 02, 2018, 12:36:17 AM
Merited by El duderino_ (2), JayJuanGee (1)

Merit is going to be unfairly biased towards bulls, even if the bears are posting fantastic bear charts analysis with accurate predictions and the bulls are spamming about trains and insulting bears.


Bulls HODLing through thick and thin since the beginning know a lot more than newbie bears.

so, yeah.
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February 02, 2018, 12:41:39 AM

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