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February 08, 2023, 09:23:16 PM *
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Question: When will we see a new ATH?
2023 - 39 (25.5%)
2024 - 60 (39.2%)
2025 - 40 (26.1%)
2026 - 4 (2.6%)
2027 - 2 (1.3%)
After 2027 - 3 (2%)
Never - 5 (3.3%)
Total Voters: 153

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26006756 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. (170 posts by 5 users with 9 merit deleted.)
Nosk
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February 06, 2018, 12:09:24 AM

I was just about to push the sell button when suddenly, +200€. Come on, fly again ! ...please !
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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TERA2
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February 06, 2018, 12:11:11 AM

The price will probably stick at $6666 for a while.

Dang, just like 2014 but with an extra 6...........
6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000.
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February 06, 2018, 12:14:37 AM

6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000.


So much blood, so much sacrifices... when Karhu will be appeased?
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February 06, 2018, 12:15:09 AM

The price will probably stick at $6666 for a while.

Dang, just like 2014 but with an extra 6...........
6666 is way to oversold for it to settle there right now. first will have to be a bounce to 12K and then another decline to well below 6K, before it settles at 6666. Keep in mind the ATH in 2013 was 1200, not 2000.

Only at GOX.

BTC never went over $1100 in USA / European Exchanges
BtcMan2009
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February 06, 2018, 12:16:14 AM

The price will probably stick at $6666 for a while.

Seems like floating around 6800, trying to go higher, but stable
Curious what tomorrow will bring, hope there is some good news from that American governement meetup.
Wow sad satate of bitcoin to hope for good news from US gov.
On the news there is nothing good, it's a little alarming. But the level of 6k really wonderful, at least near the truth. Very similar that goes out near the hearth.
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February 06, 2018, 12:17:53 AM

The price will probably stick at $6666 for a while.

Seems like floating around 6800, trying to go higher, but stable
Curious what tomorrow will bring, hope there is some good news from that American governement meetup.
Wow sad satate of bitcoin to hope for good news from US gov.
On the news there is nothing good, it's a little alarming. But the level of 6k really wonderful, at least near the truth. Very similar that goes out near the hearth.

Are you drunk....tooo?
e-coinomist
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February 06, 2018, 12:18:04 AM

Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.

There is no floor. This is the final Fail.
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February 06, 2018, 12:19:16 AM

Biggest 12H volume since November.

Karhu will not be pleased if he brings it down more and a bunch of cheap coins are bought. Karhu wants to bring it up and trap the buyers at 12K and THEN drop it so they can really feel the pain.
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February 06, 2018, 12:20:20 AM

Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.

There is no floor. This is the final Fail.

The same procedure as every year.
Miss Sophie
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February 06, 2018, 12:20:31 AM
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I find this indication quite interesting. It's the 1-Week MACD histogram for Bitcoin/USD. The thing is, I've NEVER seen it go so deep on the very first bar before. The only thing I've seen close to it is Monero crash in Autumn 2016 and even that was slower than this Bitcoin crash.

For me it lends credence to the idea that the market is being actively co-erced down to a pre-defined level by the same holders who hoovered up the coin on the way up. They may be playing both markets in concert (futures and cash). What may happen then is once they're ready to cover in the future's market they'll do the same thing in reverse - i.e. go long in futures, then come back to the cash market and drive it up to kingdom come, collecting cash in the futures market and bitcoins in the cash market. In this way the "institutionals" can strip ordinary traders of their holdings over time and build their positions.



This article seems to lend some credence to that idea:

marcus_of_augustus
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Eadem mutata resurgo


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February 06, 2018, 12:23:29 AM

https://www.youtube.com/watch?v=Elyfo1DIlzs

Multi year bear ? Grin

https://www.zerohedge.com/news/2018-02-05/it-traders-panic-xiv-disintegrates-after-close

some crazy flash-crashes blowing up behind the scenes ... those kinds of places where all the risk has been swept under the rug into using oh-so-clever derivatives and futures plays .... the places that risk gets hidden so well that nobody-can-knows where the systemic risk is any longer.
e-coinomist
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February 06, 2018, 12:24:43 AM

Who sold at the bottom?

We don't know that yet... Sad

At fifteen. What's more unnerving is there's no way back in, again.
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February 06, 2018, 12:24:56 AM

2 months ago we were going to 400K but now this is the death of bitcoin and there is no floor.
White sugar
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February 06, 2018, 12:25:32 AM

2 months ago we were going to 400K but now this is the death of bitcoin and there is no floor.

0 always will be the floor
monsanto
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..like bright metal on a sullen ground.


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February 06, 2018, 12:25:50 AM

The price will probably stick at $6666 for a while.

6666.. and swing between 6420 & 7420.. typical btc strange attractors  Wink
jojo69
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1/21000000 , the only math you need to know


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February 06, 2018, 12:26:15 AM

So...this just happened to me;  went out to the grocery to grab a couple things, young Asian guy with 2 toddler boys in front of me in the checkout line had a NEO hoodie and cap on.

I caught his eye and was like "tough couple weeks 'eh?"

He laughed and said he wouldn't have left the house but he needed diapers for the kids.

This is the first time EVER I have seen anyone in real life into crypto.
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February 06, 2018, 12:26:49 AM

Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.

There is no floor. This is the final Fail.

It could always be the final fail, but that is a lower probability.

One thing which is almost certain is that the 'final fail' will come for most alt coins at some time. BTC can only really fail if something better is superceding it.
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February 06, 2018, 12:30:51 AM
Merited by RejectedBanana (1)

The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.
Nosk
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February 06, 2018, 12:31:47 AM

Fear of catching a falling knife: too many false floors already, so almost nobody wants to take the risk.

There is no floor. This is the final Fail.

It could always be the final fail, but that is a lower probability.

One thing which is almost certain is that the 'final fail' will come for most alt coins at some time. BTC can only really fail if something better is superceding it.

And it will likely be a fork of it. So in anyway, hodling is the way, but damn... I would like to stop clenching my buttcheeks, It has already been a month.
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February 06, 2018, 12:32:28 AM

The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.

Everyone likes to talk about their big dangly balls like two snooker balls in saggy old tights. When the real action arrives they escape into their bodily cavities and refuse to come out.
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