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Question: When will we see a new ATH?
2023 - 36 (25.4%)
2024 - 54 (38%)
2025 - 39 (27.5%)
2026 - 3 (2.1%)
2027 - 2 (1.4%)
After 2027 - 3 (2.1%)
Never - 5 (3.5%)
Total Voters: 142

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25984593 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.)
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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February 24, 2018, 11:23:32 AM

USD is the ultimate shitcoin

enormous premine, high inflation rate, unlimited supply

this thread is no place to discuss such a currency

Get real.. it is the subject matter and the trading pair of this thread.

We are not getting rid of the USD any time soon... and even though we know that it is inevitably going to decrease in value, it is what a lot of folks (including why this thread is world famous) are interested in the USD/BTC trading pair
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Last of the V8s
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Be a bank


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February 24, 2018, 11:24:23 AM

Rosewater Foundation
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February 24, 2018, 11:34:37 AM

Adversity makes men, prosperity makes monsters.
-Chuck Tingle
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February 24, 2018, 11:43:24 AM


While this looks prettier, I wouldn't use an evolutionary tree here, because you want to show that bitcoin is better, so all forms of money should be on 1 branch with bitcoin being the end point.
Evolutionary trees, and evolution in general are often misunderstood.  People often think that humans are the "pinnacle of evolution" and all the other branches are more primitive evolution-wise, while that is just not the case.
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February 24, 2018, 11:45:56 AM

Fuckin' it with munchkins.



We ARE the pinnacle of evolution.
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Be a bank


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February 24, 2018, 11:47:28 AM
Merited by Rosewater Foundation (1)

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February 24, 2018, 11:58:36 AM
Merited by BobLawblaw (1)



but seriously tho, holding out a good thought for your cat
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February 24, 2018, 12:00:57 PM


This one brings out some nostalgia  Smiley .
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February 24, 2018, 01:09:26 PM

So is it time to buy or?
fragout
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February 24, 2018, 01:15:49 PM

So is it time to buy or?

$8800 imo
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February 24, 2018, 01:21:26 PM

So is it time to buy or?

There seems to be enough pessimism around to warrant buying imo... Imma gonna enter a buy order a couple of hundred under what the price is now.
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#1 VIP Crypto Casino


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February 24, 2018, 01:28:03 PM

Standard weekend dump  Roll Eyes
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February 24, 2018, 01:37:02 PM

-1000 dollars in less than 10 hours
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February 24, 2018, 01:39:59 PM

Seems like we’d be below 9k by now if bears wanted.
Why are we still near 10k?
Seems like neither bears or bulls are in control.
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February 24, 2018, 02:24:08 PM

Standard weekend dump  Roll Eyes
Not quite, this one might be harder. I really hoped that we could get over the four digits but nothing to do. Bears are still here with us.
I have some fresh fiat though and I am buying. Fuck it.
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February 24, 2018, 03:01:46 PM

-1000 dollars in less than 10 hours

Want to bet that we’re not even under $8,000 in 10 hours?
bitcoinPsycho
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$120000 by end of 2023 confirmed . Slava Ukraini


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February 24, 2018, 03:04:00 PM

-1000 dollars in less than 10 hours

Want to bet that we’re not even under $8,000 in 10 hours?
I already am by hodling
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February 24, 2018, 03:16:41 PM

Ever notice that after a day or two of nothing but down across all cryptos, suddenly out of the blue some random shitcoin that no one expected will start pumping for no reason? Yeah, the whales do that on purpose... to concentrate all of their new $$$ resources on one pump and lure in the gullible.

It's DigixDAO this time.

Have fun with that, shitcoiners.
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Whimsical Pants


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February 24, 2018, 03:20:51 PM
Last edit: February 24, 2018, 04:00:23 PM by cAPSLOCK
Merited by Bitcoinaire (1)

That market dump was placed EXACTLY at the time we were drawing the BOTTOM of the 2nd shoulder on the inverse H&S we are still in the middle of...




And, interestingly we saw a pretty big and somewhat irrational mempool inflation immeadiately preceeding it as well.



So IMHO we see the following two scenarios likely:

1.  We trace the upward slope of the shoulder we are in and break up and over 12.5 within 6-10 days.
2.  We fail at the second shoulder and drop to ~ 7.5-8.5k and resume CCMF (12k-13k) in mid march.

I think 1 is a bit more likely than 2.  And the reason is: I think the action last night is indicative of someone trying to actually BREAK the H&S.  Otherwise I think dumping ~2500btc (23MM USD) at MARKET is a terrible trade.  And the mempool action is indicative as well.  And I am not one to have much paranoid theories...  Last night was weird.

*Edit to reflect the correct massive dump amount.
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February 24, 2018, 03:36:39 PM



https://twitter.com/cryptopicasso/status/967396389180379136
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