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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 42 (38.2%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25490420 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. (158 posts by 14 users with 9 merit deleted.)
Torque
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February 10, 2018, 01:34:28 AM

I think the bounce will top out here, we gonna go sideway for a bit then retest 5-6 k again.

Not so sure about that. Major support now built at $7500 and now $8k.
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BlindMayorBitcorn
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February 10, 2018, 01:36:46 AM

Tell me again why you fellas sit on your helmets?
Toxic2040
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February 10, 2018, 01:38:19 AM

Some bullish action here to cross $8900...

A heavy volume daily over the weekend would really show wall street whos in charge now but its been light since the selloff. I think the battle is going from $8900 all the way to $9200. If we can breach that resistance level its a confirmation for testing 5 figures and a bullish reversal indicator at least for the shorter term.

So, comparing and contrasting war stories is not a bad endeavor, and hopefully our memories can stay somewhat consistent because with the passage of time, sometimes we can begin to remember history differently or even emphasize different aspects of history.
Haha! I am not getting any younger and truth be told I forget shit all the time. My kids are like....Dad!!!!  and I have to guilty admit that yes..that was our turn for home and I had forgotten...

Regarding BTC accumulation:  It really seems that you accomplished your initial accumulation much faster than me, because my initial accumulation took a year from late 2013 to late 2014.
I am still "accumulating" heh..but in a very regimented manner these days. I do have a small stash I keep in hot wallets to daytard with on occasion...but mostly for academic purposes.


Regarding memory of finding out about bitcoin:  A keep searching my memory about this and it is a strange kind of thing that I knew that I recognized the name bitcoin in August to November 2013 time, and maybe even earlier than that.  I recall that in about September 2013, I was researching into investments, and BTC was on my list of things to look into, and I never got to it  and I ended up investing into various index funds... like mutual funds in October and November 2013.  I guess I was still in the investment research mode because around mid-November 2013, I looked into the BTC matter, and kind of kicked myself for my mutual funds investment and thereafter created a supplemental BTC investment plan... anyhow, after the mutual funds had run a year, I did fold that money into BTC at the end of 2014.. so I guess that part worked out in the longer term.
I can remember the first hearing part clear as a bell. A buddy of mine had bought in the runup from $5 to $15...at like $13 I think...and the market crashed. He was sitting there with there huge bags and nowhere to run. I got busy thru the holidays as usual and didnt think about it till that spring. I spoke with my buddy and he was pumped..the price had risen to over $50 at that point..this was middle late March I think in 2012. Well..he convinced me to check out this poker site that only accepted bitcoins. Those facts and the added benefit of having and building high end computers for many years..whelp..that was it for me. After writing this down it has struck me how eerily similiar this must be for the people who bought at the top of 2017. Do the right thing people!  Hodl!

I suppose OG status could be understood in various ways.. including hanging out and continuing to post during 2015 WO thread desert land.... hahahahaha ... was pretty lonely around here during those times..   Cry Cry
Indeed..perhaps even more so than being early..

Personally, I think that we are still in a bull market as long as we stay above $5k-ish.. even with a quick dip down to $3k.

On the other hand, if prices go below $3k, then the long winter scenario would become the more plausible scenario.
I agree..tho $3k seems extremely bearish...I doubt the spikes would fall that fall even on a hard dump. I have modeled scenarios where we have reached $5k but they never seems to last long term.

Seems to be the more likely scenario.
I think everyone is going to be amazed...again.

I understand what you are saying, and I largely agree; however, it seems better to attempt to describe legacy and crypto as a likely transitional movement, and your punchline conclusion is likely going to be correct about the future - however, legacy is not going down without a fight and could take quite a long period to play out.

For real...JJG...I am of an age where I doubt I will see even the beginning of the end..I console myself with the fact I have seen the beginning.
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February 10, 2018, 01:48:39 AM

I am not assuming anything.  I merely said that they (Wall street types) are looking into Bitcoin, and they did not even know about it before $10k.  So how is my statement assuming in regards to their actual investment or their actual pushing this particular price rise - all by themselves?  I suppose I am assuming that the more that Wall street types know about bitcoin, the more that their knowing about it could contribute to some kind of bullish impact on bitcoin.. and I am NOT even saying that buying pressure is coming from ONLY one aspect of the market.  

Even you should realize that Bitcoin is much more than some simple kind of appeal to only one sector.. financialization is ONLY one of the several bitcoin networking effects that may well be in its early infancy stages.  You are familiar with the seven network effects that are outlined by Trace Mayer?  You need a link?  

Do you think that those other six network (besides financialization) effects are not important in the overall consideration regarding where bitcoin is at and where it might be going?  Do you think that those other six network effects have already sufficiently matured in bitcoin?  or do you think that those other six network effects are still too early to potentially influence bitcoin into an early 2013 type scenario.  

By the way, I like the way you even doubled down (NOT) on your bearishness by suggesting a 2011 scenario (which I think that you are implying that this particular BTC downtrend could be even longer than the one in 2014/2015, which I think is what you mean by your 2011 reference).  

It is like ongoing that you, Terabeara, take these outrageous positions (like a troll) to spread FUD, and then later, when some semblance of the direction of your prediction moves in a direction of coming true, then you don't hesitate to take full credit for something that you did not even call - because like I mentioned earlier, you had been whining about BTC bubble ever since $5k, and I recall that you were even whining about BTC bubble when you first came back into the thread in 2015 as BTC prices were coming out of the long flat period,  it did not take you too long to get back to your bearish talking points (here's your return to the WO post for reference)... Even when you try to act like you have reasonable discussion points, you are flooded with persistent bearish BTC FUD spreading party pooping negativisms.   Tongue Tongue     Cheesy

TLDR:  TeraBera needs to attend some kind of BTC enlightenment camp that is NOT in the woods, so she can break her ties from bears, but more importantly break her ties from government/corporate shills.  INTENSE reform is what seems to be needed for your lost cause status (if there is any possible hope?).
We'veYou've been making the same arguments about how everyone in the world must want a bitcoin ever since the beginning but that doesn't stop bitcoin from following its chart patterns and crashing spectacularly before the next rise. Wall street isn't going to buy into a downtrend. They will wait until every drop of blood is in the street.
criptix
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February 10, 2018, 02:03:10 AM

I think the bounce will top out here, we gonna go sideway for a bit then retest 5-6 k again.

Not so sure about that. Major support now built at $7500 and now $8k.

Yeah i know what you mean and agree that BTC showed good support at the 7-8 k range in the last days.

Nevertheless i think if we get a double bottom at 5-6 k with similar volume like last time it will be a definite signal that BTC found its new support range.

From there we can start the rocket to 40 k  Grin
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February 10, 2018, 02:22:54 AM

I am not assuming anything.  I merely said that they (Wall street types) are looking into Bitcoin, and they did not even know about it before $10k.  So how is my statement assuming in regards to their actual investment or their actual pushing this particular price rise - all by themselves?  I suppose I am assuming that the more that Wall street types know about bitcoin, the more that their knowing about it could contribute to some kind of bullish impact on bitcoin.. and I am NOT even saying that buying pressure is coming from ONLY one aspect of the market.  

Even you should realize that Bitcoin is much more than some simple kind of appeal to only one sector.. financialization is ONLY one of the several bitcoin networking effects that may well be in its early infancy stages.  You are familiar with the seven network effects that are outlined by Trace Mayer?  You need a link?  

Do you think that those other six network (besides financialization) effects are not important in the overall consideration regarding where bitcoin is at and where it might be going?  Do you think that those other six network effects have already sufficiently matured in bitcoin?  or do you think that those other six network effects are still too early to potentially influence bitcoin into an early 2013 type scenario.  

By the way, I like the way you even doubled down (NOT) on your bearishness by suggesting a 2011 scenario (which I think that you are implying that this particular BTC downtrend could be even longer than the one in 2014/2015, which I think is what you mean by your 2011 reference).  

It is like ongoing that you, Terabeara, take these outrageous positions (like a troll) to spread FUD, and then later, when some semblance of the direction of your prediction moves in a direction of coming true, then you don't hesitate to take full credit for something that you did not even call - because like I mentioned earlier, you had been whining about BTC bubble ever since $5k, and I recall that you were even whining about BTC bubble when you first came back into the thread in 2015 as BTC prices were coming out of the long flat period,  it did not take you too long to get back to your bearish talking points (here's your return to the WO post for reference)... Even when you try to act like you have reasonable discussion points, you are flooded with persistent bearish BTC FUD spreading party pooping negativisms.   Tongue Tongue     Cheesy

TLDR:  TeraBera needs to attend some kind of BTC enlightenment camp that is NOT in the woods, so she can break her ties from bears, but more importantly break her ties from government/corporate shills.  INTENSE reform is what seems to be needed for your lost cause status (if there is any possible hope?).
We'veYou've been making the same arguments about how everyone in the world must want a bitcoin ever since the beginning but that doesn't stop bitcoin from following its chart patterns and crashing spectacularly before the next rise.

I think that you would have been better with your "we" formulation, rather than proclaiming my particular argument.  You have not been very good at characterizing the various arguments of others whether that is me or generalizing about what all bulls want, supposedly.

Get the fuck out of here with your characterizing what everyone wants (including me). 

We have ourselves something like .5% world adoption of bitcoin with areas of the world and some populations having greater bitcoin penetration than others.  How are we going to characterize what this is exactly, when it remains small as fuck?

There is a certain level of anticipated continue growth merely based on the current low level of penetration.  Whether greater growth happens or not is not an inevitable proposition, it is merely a tendency that I describe and other bitcoin bulls describe, and sure some of us might be suggesting that there is a kind of inevitability to this network growth phenomenon, especially when we are seeing a large number of network growth signs on an ongoing basis.   So yeah, we can have ongoing growth and adoption in a variety of ways and also have ongoing downward manipulation of prices, that may or may not succeed in keeping the price down.



Wall street isn't going to buy into a downtrend. They will wait until every drop of blood is in the street.

If they don't buy, then they might have to chase the train... Who the fuck knows what wall street is going to do?  Wall street is not a monolithic entity and some of those folks are already getting into it, and others of those folks are taking longer before they get in... Again, I don't understand why you continue to attempt to focus on one factor and then attribute contrary claims to other people.. while also ignoring various networking effect points of my previous posts while continuing to harp on simplified financialization only?  You probably don't really want to attempt any kind of meaningful discussion, but instead want to propagate partial stories and your ongoing FUD spreading.. while attempting to appear as if you are "getting real" when you are surely lacking in "real" on an ongoing basis...and seemingly on purpose.
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February 10, 2018, 02:57:55 AM

It's wall street some kind of singular sentient being?
Yes.

It's wall street some kind of singular sentient being?

Yes, just like the Borg.




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February 10, 2018, 03:03:39 AM

I was planning on a sub 7000 purchase of a quarter BTC or so... looks like that may not happen.

What do you guys think? Looks like new support is 8500?
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February 10, 2018, 03:05:18 AM

bones261
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February 10, 2018, 03:12:12 AM



Will you accept that it is a slow simmer? Simmering involves bubbles too.
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February 10, 2018, 03:14:35 AM

Toxic2040
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February 10, 2018, 03:21:22 AM

Will you accept that it is a slow simmer? Simmering involves bubbles too.

mphff...fine...for now.

img -snip-

I accept your scenario to the 14kish fib and subsequent retraction to 5 figure support but your surmise after that is too chaotic to be relevant.


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February 10, 2018, 03:24:35 AM

Breaking 24777$ prediction game      FINAL LIST       


09/02/2018 siera Sad
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest

UPDATE     AND GOOD LUCK !!!

How much btc gets the winner? Roll Eyes

.25 btc for closest or right date.... and When right in the middle of dates each of closest dates gets .25 So for example 19/03 go to fabiorem and 20/03 go to you .... and 22/03  would be .25 for you and .25 for nikauforest
jojo69
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1/21000000 , the only math you need to know


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February 10, 2018, 03:28:15 AM

BCash super pump
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February 10, 2018, 03:31:51 AM

BCash super pump

Btg as well....
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February 10, 2018, 03:54:04 AM

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February 10, 2018, 04:00:33 AM

Ive been saying for months there would be a bounce from 5.5K to the low teens before proceeding with the bear market. The next bottom after that would be 3K. However, it could take a really long time and there would be other bounces off 5.5K first.

Ya sure I remember at 20K this board had said bitcoin had matured yada yada and the 'big players were accumulating and manipulating it down to 16K'. As if the world's brightest investors hadnt bought at 1K and below and were suddenly interested at buying at a 1600% premium on top of a bubble at ATH. lol. Dont buy all the bull

TERA, thank you for your answer. You also mentioned elsewhere that "we will see 100k before 1k". So do I understand your prediction correctly: 13-14k bump first (your chart), then bumpy fall to ~3k (about a year?) then another bull to ~100k, and then a mega bear market to ~1k?

This bear market is progressing very fast so far, so I wondered if it is realistic to assume that even *if* we will make another lower low, it will be over by a year's end?
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February 10, 2018, 04:09:33 AM

Ive been saying for months there would be a bounce from 5.5K to the low teens before proceeding with the bear market. The next bottom after that would be 3K. However, it could take a really long time and there would be other bounces off 5.5K first.

Ya sure I remember at 20K this board had said bitcoin had matured yada yada and the 'big players were accumulating and manipulating it down to 16K'. As if the world's brightest investors hadnt bought at 1K and below and were suddenly interested at buying at a 1600% premium on top of a bubble at ATH. lol. Dont buy all the bull

TERA, thank you for your answer. You also mentioned elsewhere that "we will see 100k before 1k". So do I understand your prediction correctly: 13-14k bump first (your chart), then bumpy fall to ~3k (about a year?) then another bull to ~100k, and then a mega bear market to ~1k?

This bear market is progressing very fast so far, so I wondered if it is realistic to assume that even *if* we will make another lower low, it will be over by a year's end?
You misread two things in that post. First I said 10K, not 100K. Second, I didn't call 1K. It was someone else who suggested 1K.
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February 10, 2018, 04:12:25 AM


BTC is still outperforming both.   Grin
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February 10, 2018, 04:15:03 AM


Should complete take them down ...... maybe first to golf let take over bch Just for sports and then flow into btc as well
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