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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26769310 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 1 users with 9 merit deleted.)
rafanadal
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February 22, 2018, 12:46:56 PM

And we are in the 9000s again  Embarrassed

fuck
Dakustaking76
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February 22, 2018, 12:48:32 PM

So Whats going on guys? Can someone explain?
SidETH
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February 22, 2018, 12:49:26 PM

<10k. Fuck.
HairyMaclairy
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February 22, 2018, 12:50:32 PM

Go home badger you’re drunk
Ibian
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February 22, 2018, 12:51:19 PM

So Whats going on guys? Can someone explain?
I'm making this months rent, is what's happening. Woo! Yes!
svdleer
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February 22, 2018, 12:51:22 PM

So Whats going on guys? Can someone explain?

If i just knew...people keep saying futures (and of course manipulation...) is not the reason, but i think it's a real coincidence that about 1 day before last trade day of CME futures price get's dumped.
mike4001
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February 22, 2018, 12:51:32 PM

3 weeks ago I wrote we will not see above 10k to 12k this year.

I think more and more that I might be wright ...
SidETH
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February 22, 2018, 12:52:57 PM

3 weeks ago I wrote we will not see above 10k to 12k this year.

I think more and more that I might be wright ...

Then you were wrong already.
mike4001
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February 22, 2018, 12:54:15 PM

3 weeks ago I wrote we will not see above 10k to 12k this year.

I think more and more that I might be wright ...

Then you were wrong already.

I don't think we went above 12k during this time.

But OK, we went below Cheesy

EDIT: Are these the stop-loss orders now?

Because we are dropping like a stone at the moment.
Torque
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February 22, 2018, 12:58:30 PM

Also once again.

Notice

How

Everything

Is Pegged

To

Bitcoin
HairyMaclairy
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February 22, 2018, 12:59:14 PM

This is what is happening.  



The reason is Badger decided he didnt want to go through  breath testing at $12k and turned his car around and now he is running from the police.  
BlindMayorBitcorn
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February 22, 2018, 01:02:35 PM

Pegged

JayJuanGee
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February 22, 2018, 01:03:50 PM

[edited out]

Sounding that sure, I guess you guys sold all your coins @ 11.9k and buy back @ 3k right?

From where are you getting the impression that guys are "sure"?  We seem to be batting around scenarios, and some of those scenarios don't even come to play unless $10k breaks, which has not happened yet... and when we were at $11,500+, there was not even any kind of certainty that we were going to be coming back down, because at that time, we could have broken further UP, too..

I'm sure that there are some folks that are playing BIG and guessing correctly, and maybe TERA2 is going to come back in here and tell us how she played it all correctly and how now it is going down to lower points, that she had already set herself up for such play.. maybe she speaks truth and maybe she is just bullshitting, even if the waves end up playing fairly close to her early outline of what was going to happen (but still does not mean that she can foresee the future - even if the outlined scenario ended up coming out largely correct).

From this Cheesy

Quote
MOA is a very reasonable poster

I have no idea what you mean by that quote or from where you got it.

As the bull market started in November 17, I saw the similar patterns to 2014.


Your facts don't even sound correct.  The bull market started in about October 2015.  So, if you are talking about the latest price rise from November to December 2017, you seem to be relying on an out of context set of facts, no?



 Posted a few times here that it will end like the MtGox desaster but earned "this time is different" posts.


Of fucking course, this time is different... get a fucking grip.  MTGOX was a different historical time with different dynamics, so if you are trying to act like the BTC market is the same, then you are on a wacky trip.  You gotta be more specific than just throwing out random and baseless prediction assertions that might only be by looking at a chart or some other non contextualized identification of supposed patterns.


I am a long time holder since 2013 and it felt like the time is right to sell. But had no balls to sell at 19k.

That is your fucking lack of foresight.... what the fuck would you be telling folks to be doing nearly the opposite of what they should be doing.  you can sell on the way up and buy on the way down, but yeah, if you did not sell enough, then you made a mistake, and probably the better thing to do would be to hold through it, but sometimes you do have to take a bullet when you fucked up by not selling enough while the price was going up....

So currently we are in a buy situation or in a hodl situation.. not a sedl situation.

Maybe I wrote that first post just out of frustration. I have no idea where we are heading to. But it really feels like 2014 again.

You can feel all that you like, the facts are not with you and you are coming off as a nonsense FUD spreader.

Sure, it could be correct that it ends up being a 2014 situation, but not seeming too likely at the moment.

And seeing 2.5k would hurt damn much. I am pretty doubtfull it would recover from there ever again.

That is a pretty pessimistic view.  You better sell all your BTC and get the fuck out then.  Maybe if it goes back to $500, then you might consider buying at that point.


Question is, sell now and be happy with what you have or just go full risk and wait until end 2018 or 2019 :/

I think that you personally should sell everything right now, because you don't have any confidence in BTC.. so get out while you can.

Other folks should probably consider both the upside and the downside, so this does not seem like a good time to be selling, but surely everyone needs to decide based on their own situations.
d_eddie
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February 22, 2018, 01:04:27 PM

Some time ago we had a discussion here about a possible issue with the Lightning Network. Some big blocker was suggesting that the Lightning Network is doomed to fail because routing and because problems.

The potential problem is similar to a double spend attempt. Briefly and roughly: Alice has a channel with Bob, Alice sends funds to Bob and while Bob is offline she broadcasts the channel state as it was before she spent the funds, thus undoing the spend. However, if anyone broadcasts the correct (later) channel state, Alice is done: the whole channel balance goes to Bob. Serves her right for trying to cheat.

The problem is, if Bob's offline he knows nothing about Alice's wrongdoings, so there must be someone watching the channel for him. This someone could be rewarded by Bob with part of the funds if cheating is discovered (and therefore funds are gained by Bob). I speculated that a bounty market could come into existence. It seems there are already some bounty hunters in the present, clunky version of the LN. They are doing it for free at the moment, since the cost of watching a few channels is negligible.

It's in the comments. The video itself is technical. Mention of the bounty hunters was the topic that spurred the most attention in the discussion.

https://www.reddit.com/r/Bitcoin/comments/7xrq5g/lightning_network_and_discreet_log_contracts/

I'm guessing that I may be the aforementioned big blocker. What with our continued conversations over my skepticism and all.
Yes jbreher, that's you. I didn't mention your name explicitly to avoid a tide of ad-hominem noise, but it seems you don't care that much.

Quote
Thanks for posting. I'll read.

There's a lot of layers here. As just one example: 'how much channel state is exposed to outsiders to allow such to police random actors?' But I'll reserve detailed discussion until after I land.
I'll read more carefully, too. I just gave a glance to the top posts. But more importantly, I'd like to listen to the talk on video. It seems rich with technical details, but I really can't stand lengthy videos. I much prefer the organized written form for complex content.
SidETH
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February 22, 2018, 01:04:39 PM

Also once again.

Notice

How

Everything

Is Pegged

To

Bitcoin

I remember a time when it was the complete opposite.
Any explanations on this development?
xhomerx10
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February 22, 2018, 01:07:17 PM

Question is, sell now and be happy with what you have or just go full risk and wait until end 2018 or 2019 :/

qft

 I have a hard time believing that quantum field theory is going to help in this instance.  It'll just complicate matters further because infinite degrees of freedom can easily lead to divergences of calculated quantities!
Torque
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February 22, 2018, 01:08:25 PM

Also once again.

Notice

How

Everything

Is Pegged

To

Bitcoin

I remember a time when it was the complete opposite.
Any explanations on this development?

The whales control more than you think. They control the floats of all the major altcoins, and peg their trading bots to the Bitcoin price so that small traders "have nowhere to run." That is, they will only pump the coins they want to pump as an out to falling prices elsewhere.

HairyMaclairy
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February 22, 2018, 01:10:07 PM

Also once again.

Notice

How

Everything

Is Pegged

To

Bitcoin

I remember a time when it was the complete opposite.
Any explanations on this development?

I like your theory:

Bitcoin

To

Is Pegged

Everything

How
xhomerx10
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February 22, 2018, 01:10:14 PM

So Whats going on guys? Can someone explain?

 UnDerDoG81 just became happy with what he has rather than wait an eternity (a whole year) for the inevitable.

fragout
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February 22, 2018, 01:13:27 PM

Huge motherfucking wall after popping up on stamp at $10100

And now another @$9400 on the buy side. Probably the same guy/group.
Much manipulation
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