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Question: Closing BTC Price June 28:
$0 - 0 (0%)
<$7,000 - 0 (0%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 0 (0%)
$8,500-$8,999 - 0 (0%)
$9,000-$9,499 - 0 (0%)
$9,500-$9,999 - 0 (0%)
$10,000-$10,499 - 0 (0%)
$10,500-10,999 - 0 (0%)
$11,000-$11,499 - 0 (0%)
$11,500-$12,000 - 0 (0%)
>$12,000 - 0 (0%)
>$20,000 - 0 (0%)
Total Voters: 0

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21230385 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. (66 posts by 16 users deleted.)
mymenace
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February 14, 2018, 07:05:15 AM


Fun with flags




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starmman
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February 14, 2018, 07:07:08 AM

Looks like the Chinese New Year spike is starting to gather some pace - DOGE is rising, small amount of momentum on BTC/USD, its gonna a be a big stretch to hit by $24777 tomorrow though =P
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February 14, 2018, 07:10:59 AM


Fun with flags
-snip-

Nice...mandatory moon somewhere tho methinks.


Looks like the Chinese New Year spike is starting to gather some pace - DOGE is rising, small amount of momentum on BTC/USD, its gonna a be a big stretch to hit by $24777 tomorrow though =P

We are all rooting for you....seriously.
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February 14, 2018, 07:37:04 AM

Come on now



Good job, 8888 train!

But now we face a 8890 wall... [edit] ... and it's gone.
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February 14, 2018, 07:37:25 AM
Merited by Toxic2040 (1)

Oh look. THere's a 200 coin ask wall being eaten on Stamp.

Isn't wall observation fun?
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February 14, 2018, 07:40:26 AM

Quite fun!

The road to 9000 seems clear of any obstacles.
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February 14, 2018, 07:45:37 AM

Oh look. THere's a 200 coin ask wall being eaten on Stamp.

Isn't wall observation fun?
+1 WOsMerit

Why yes...yes it is.  $9200 targeted
*wanders off looking for old 9k memes*


*edit

I did find this..posting for the record.  Wink

svdleer
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February 14, 2018, 07:55:25 AM

Quite fun!

The road to 9000 seems clear of any obstacles.

Volume is quite low still.
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February 14, 2018, 08:03:23 AM
Merited by JayJuanGee (1), nelsmining (1)

9k today, 11k on the weekend. I know some "I will wait till 5k to invest" guys.. And I will text them every single day when btc reached 20k again..  Grin
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February 14, 2018, 08:28:42 AM

Quite fun!

The road to 9000 seems clear of any obstacles.

Volume is quite low still.

From where do you get your trade volume information?  daily candles?  hourly?  are you accounting for trade volume from last week in your consideration of what is happening right now?

Most frequently, you need to look at longer time frames to assess trade volume to be low, and merely because trade volume has recently come down, that snap shot assessment of trade volume is going to be inadequate if not viewed in proper context, and last week we had one of the largest volume bars ever, especially in terms of USD... .... in other words, consideration of context is surely important when assessing current trade volume.
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February 14, 2018, 09:29:23 AM


everywhere



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February 14, 2018, 09:45:43 AM


everywhere






silence of the lamb(o)s
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February 14, 2018, 09:52:11 AM

Very good 600watt. That comment could be comment of the day.
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February 14, 2018, 10:00:43 AM

Hmmm...came across this about a potential double spend attack. Seriously interesting and actually surprised this isnt a bigger deal.

Basically there is a chance that a miner(pool) would be able to match the entire hashrate of bcash and create a low risk/high reward double spend.

Julian, the Co-Founder of TenX explains it in this video.
https://www.youtube.com/watch?v=_cuImsvmSf4&feature=youtu.be





While some might argue that this is a bcash problem I disagree. This is an all crypto problem really. If such an attack can be carried out and funds exchanged from the double spend, it not only devalues the exchange but the crypto in question.
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February 14, 2018, 10:08:43 AM
Merited by d_eddie (1)

Hmmm...came across this about a potential double spend attack. Seriously interesting and actually surprised this isnt a bigger deal.

Basically there is a chance that a miner(pool) would be able to match the entire hashrate of bcash and create a low risk/high reward double spend.

Julian, the Co-Founder of TenX explains it in this video.
https://www.youtube.com/watch?v=_cuImsvmSf4&feature=youtu.be


While some might argue that this is a bcash problem I disagree. This is an all crypto problem really. If such an attack can be carried out and funds exchanged from the double spend, it not only devalues the exchange but the crypts in question.


Exactly for that reason is that it has not happened and probably never will.

It is well known that in case a double spent attack like that would be carried out, the loses from the negative impact would be bigger than the potential profit for the attacker.

IIRC,  that is covered in the whitepaper, when it talks about the incentives for NOT acting maliciously.
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February 14, 2018, 10:33:13 AM

9k has proven to be a major resistance.
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February 14, 2018, 10:34:28 AM

9k has proven to be a major resistance.

Yup. So you know what that means when it is finally broken Smiley

One thing I like about this (huge) correction is that we are testing all the levels we just passed on inertia/fomo during the final month of the last rally. And we are doing it the right way. If we were able to just forget about the final stage of the last rally (as if it never happened), it is as if we continued with a helthy growth rate after the last (11 nov) dip.

Oh, and without most weak hands too. We had loads of those before.
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February 14, 2018, 10:46:08 AM

9k has proven to be a major resistance.

Yup. So you know what that means when it is finally broken Smiley

One thing I like about this (huge) correction is that we are testing all the levels we just passed on inertia/fomo during the final month of the last rally. And we are doing it the right way. If we were able to just forget about the final stage of the last rally, it is as if we continued with a helthy growth rate after the last (11 nov) dip.

Oh, and without most weak hands too. We had loads of those before.

I don't want to forget about the last surge past $10k and up to $19,666.

I feel that I made pretty decent money on that because I was selling on the way up, and such price upsurge allowed me to generate a decent level of fiat in order that I have more bitcoin this time around (on the way back up).

Another reason that I don't want to forget about our last upward price surge is because such upward surge is likely demonstrating a more bullish upwards BTC price path than had previously been considered.  So the fact that BTC prices went up so fast and nearly effortlessly from $10k to $19,666 in a matter of a few weeks, showed a decently bullish upwards BTC price potential that clearly goes to $19k again, and also supports a case of $50k and $100k, when prior to passing $10k, talk of $50k and $100k was considered as too much fantasy.  No longer the case.
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February 14, 2018, 10:47:56 AM

bitserve
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February 14, 2018, 10:50:33 AM

9k has proven to be a major resistance.

Yup. So you know what that means when it is finally broken Smiley

One thing I like about this (huge) correction is that we are testing all the levels we just passed on inertia/fomo during the final month of the last rally. And we are doing it the right way. If we were able to just forget about the final stage of the last rally, it is as if we continued with a helthy growth rate after the last (11 nov) dip.

Oh, and without most weak hands too. We had loads of those before.

I don't want to forget about the last surge past $10k and up to $19,666.

I feel that I made pretty decent money on that because I was selling on the way up, and such price upsurge allowed me to generate a decent level of fiat in order that I have more bitcoin this time around (on the way back up).

Another reason that I don't want to forget about our last upward price surge is because such upward surge is likely demonstrating a more bullish upwards BTC price path than had previously been considered.  So the fact that BTC prices went up so fast and nearly effortlessly from $10k to $19,666 in a matter of a few weeks, showed a decently bullish upwards BTC price potential that clearly goes to $19k again, and also supports a case of $50k and $100k, when prior to passing $10k, talk of $50k and $100k was considered as too much fantasy.  No longer the case.

Pretty decent points indeed. Ok, we can consider it similar to what happened in november 2015 when it surged/"bubbled" to $500. Even if it quickly retraced, for me it was the signal that showed BTC was well alive and showed a glimpse of its future. But, even then, it needed to retrace and continue where it left with a healthier growth rate. And see where we are today Smiley
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