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Question: What happens first:
New ATH - 42 (70%)
<$60,000 - 18 (30%)
Total Voters: 60

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26355929 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.)
e-coinomist
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February 05, 2018, 04:27:39 PM

I suspect the shearing will be complete after tomorrows delegation.

https://coingape.com/why-february-6th-is-significant-for-cryptocurrency-market/

....

Recall, CFTC recently filed lawsuits against two companies about fraud and deception of cryptocurrency investors."

A hint whom they had been? Could explain recent market moves.
"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless." -- Satoshi
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RejectedBanana
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February 05, 2018, 04:29:15 PM

The FUD is getting stronger, I'm feeling it now the same nervousness from 16k-19.5k.  I know there are a lot of people waiting and now considering buying in so the price likely won't get too low or the whales will lose to distribution. Not that I entirely know how prices in this market work but strong emotions have been excellent indicators in the past. I think panic will come with the next leg or 2 down.

I'm getting real close to panic buying. Last time that happened was the drop from $3k to $1.8k.

Edit: If it drops to $5k I might sell the house.  Shocked
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February 05, 2018, 04:40:54 PM

Good idea: I'm checking up on the current price for my soul.... :-)
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February 05, 2018, 04:41:45 PM

Well... Just took a look at https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html and it seems like whales are purely playing with the market.

Looke at those adresses (top 4 of the blockchain adresses in term of number of bitcoin detained) :
One dumps 7000btc, the other buys 7000 btc, one dumps 20k btc, the other buys 14k...

Should we expect a massive rise, as that they have played with the market to make it sink and will surely make it rise to gain profit ?

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February 05, 2018, 04:43:50 PM
Merited by El duderino_ (1)

Do not worry this is a very healthy correction.

We are just getting rid of dumb money in crypto. If you didn't do stupid things to buy crypto (like borrowing money from banks) then you have nothing to fear. Just hodl it. People who did these stupid things however, they r.i.p.

Last time i've seen this shit ( the dump after Gox in 2013 and the pump after) i made a promise to myself. I won't play this sell high buy low game. Buy&Hodl. That's all matters. If you think we will never ever see $20k and upwards again, you should dump everything you have and leave crypto immediately.

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February 05, 2018, 04:47:21 PM

Well... Just took a look at https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html and it seems like whales are purely playing with the market.

Looke at those adresses (top 4 of the blockchain adresses in term of number of bitcoin detained) :
One dumps 7000btc, the other buys 7000 btc, one dumps 20k btc, the other buys 14k...

Should we expect a massive rise, as that they have played with the market to make it sink and will surely make it rise to gain profit ?



Number 2 beeing a tradesite. Everything featuring thousands of transfers is no single entity.
One could argue if those, swarm intelligence, act any wiser.

edit: oh wait, it's BittrexFinex coldsotrage, gaining weight
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February 05, 2018, 04:50:31 PM

Yes, I just grabbed examples. If you look further, you can see wallet IDs with +10000, +2000 and such.
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February 05, 2018, 04:52:00 PM

Good idea: I'm checking up on the current price for my soul.... :-)



 Grin Shocked Kiss

weeeeeee
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February 05, 2018, 05:08:22 PM

Quote
there is a thread in the speculation subforum called "meme speculation"

Why was it locked? Went through couple of pages.. it looks fun..
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February 05, 2018, 05:08:52 PM

Still no sign of a bounce. Somebody sacrifice a goat.
El duderino_
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February 05, 2018, 05:16:08 PM

Do not worry this is a very healthy correction.

We are just getting rid of dumb money in crypto. If you didn't do stupid things to buy crypto (like borrowing money from banks) then you have nothing to fear. Just hodl it. People who did these stupid things however, they r.i.p.

Last time i've seen this shit ( the dump after Gox in 2013 and the pump after) i made a promise to myself. I won't play this sell high buy low game. Buy&Hodl. That's all matters. If you think we will never ever see $20k and upwards again, you should dump everything you have and leave crypto immediately.



The best strategy the buy/hodl F*** the rest Thats happening ,is the one wroten often in This threat and agreed mostly on ...... but still i think Many of those that agrees on This strategy don’t really do iT allways and still find ways to panic and sell @ ridiculous prices maybe breake even ,or with very little gains ,or maybe with losses ,but Just keep in mind Why you are in btc for and if its for the long term glory than Just hodl thru and ride the waves doesn’t matter in what kind of forms/Sizes they come Just relax and keep riding them
luckygenough56
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February 05, 2018, 05:23:02 PM

that butter meme was worth it
savetherainforest
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February 05, 2018, 05:23:32 PM

DOW JONES falling like a stone in the water. Global economy is falling down. WTF is going on?

Market fell only 2.5% on Friday. And the market today isn't even open yet.

Too soon?



Ahahaha!!! Maybe not!!! Tongue Cheesy Cheesy
Toxic2040
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February 05, 2018, 05:27:32 PM

Quote
there is a thread in the speculation subforum called "meme speculation"

Why was it locked? Went through couple of pages.. it looks fun..

Sadly, there are quite a few locked threads on this forum that deserve some necro love. Perhaps start a new one..everyone enjoys memes.

Still no sign of a bounce. Somebody sacrifice a goat.

**Edited: CFTC has rescheduled the date for this event from Feb 6th to Feb 14th, 2017.**

Might hold off it looks like. Now we have all the makings for the perfect storm next week. Stocking up on popcorn, tums, hookers and blow. See ya.
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February 05, 2018, 05:28:16 PM

I think that my maintenance stage has become more and more refined, but I don't think that my skills caused the refinement but instead the fortune of our most recent exorbitant price rise from $2,600 to $19,666... .. but yeah, we are back in the doldrums of $8k-ish, but did not stop me from feeling a certain level of comfort from maintenance refinement.  When we get to $100k (assuming we do at some point - perhaps less than 5 years?  perhaps?), then I will likely develop even a more "refined" perspective regarding the significance of maintenance.
I can't help imagining you as you build the phrase and deliver it in a rhythmic deep baritone with hints of Spanish accents. A cigar and your favorite drink are all the props needed for the scene.
(lots of snip snip)
Without conceding any truth of the matter asserted, perhaps reasonable claims can be made that money causes changes in the way each of us carries ourselves, whether in the real world or online?
That does sound likely.
But you haven't told me what your favorite drink for such a speech would be!
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February 05, 2018, 05:32:14 PM

DOW JONES falling like a stone in the water. Global economy is falling down. WTF is going on?

ok am buyin tuna cans, meds, water and a bit of godl and silver
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February 05, 2018, 05:32:58 PM

BTC/EUR depth seems balanced, however the BTC/USD depth show some sign of weakness in the selling side.
Come on you rich people, buy all that  Grin



edit : screenshot taken on kraken 1 minute ago (PS : woops, sorry for the image size)
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February 05, 2018, 05:33:19 PM

DOW JONES falling like a stone in the water. Global economy is falling down. WTF is going on?

ok am buyin tuna cans, meds, water and a bit of godl and silver
Don’t forget Some btc’s
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February 05, 2018, 05:37:09 PM

DOW JONES falling like a stone in the water. Global economy is falling down. WTF is going on?

ok am buyin tuna cans, meds, water and a bit of godl and silver
Don’t forget Some btc’s

i prefer to buy real candles, they will be of more use than btc if power goes out
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February 05, 2018, 05:40:16 PM
Last edit: February 05, 2018, 07:27:52 PM by Biodom
Merited by Karartma1 (1)


**Edited: CFTC has rescheduled the date for this event from Feb 6th to Feb 14th, 2017.**


Someone decided that they might need to deal with the plunging stock market instead and leave crypto alone?
One would hope, but whatever. It would be "funny" if they wanted to damage crypto and shot themselves in the foot so to speak.
It already happened before. A law of unintended consequences.

EDIT: Dow is down more than 500 points again.
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