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Question: New ATH today?
Yes - 35 (79.5%)
No - 9 (20.5%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25464957 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. (157 posts by 13+ users deleted.)
JayJuanGee
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March 01, 2018, 09:05:19 PM

I知 not a believer until $11,200


You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.
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Bardman
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March 01, 2018, 09:06:26 PM

I知 not a believer until $11,200

Yeah, it broke 11k but not very convincingly yet. However it also broke a downtrend from the ATH at 20k ~ so that's that. I think there is potential and momentum right now to touch 12k again today or tomorrow.
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March 01, 2018, 09:12:02 PM

If we can get to ~$11,600, the inverse H&S will be complete. That should get us at least to the major resistance at ~$12,800.
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March 01, 2018, 09:12:52 PM

Below 11k again ....

This is very hard to watch :-/

Still missing the reason.

"Hey bitcoin is rising right now, so I just sell all my Bitcoins because ... [Huh]"

Please fill in [Huh]
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March 01, 2018, 09:16:21 PM

Below 11k again ....

This is very hard to watch :-/

Still missing the reason.

"Hey bitcoin is rising right now, so I just sell all my Bitcoins because ... [Huh]"

Please fill in [Huh]

It's alright, it's back above 11k again.

Last of the V8s
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March 01, 2018, 09:20:25 PM

Below 11k again ....

This is very hard to watch :-/

Still missing the reason.

"Hey bitcoin is rising right now, so I just sell all my Bitcoins because ... [Huh]"

Please fill in [Huh]

tarders taking profits on the way up
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March 01, 2018, 09:21:17 PM

And below 11K again,150 BTC wall inserted at 11K @ GDAX

Seems impossible to break
marcus_of_augustus
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March 01, 2018, 09:25:59 PM

... do you guys know Carolina?
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March 01, 2018, 09:40:42 PM

If a guitar player is immature, overplaying is sometimes just a lack of experience. If the player is insecure (no matter their age, especially if there are other good players present) sometimes they overplay as if it's a pissing match, and showing off. A jam, with a rotating cast of many is bad for encouraging this.

A gigging band should be tight, know exactly what is coming up next. No extra times around for an extra solo unless it is really happening, and the crowd is reacting accordingly  Strong band leadership and rehearsal makes this happen. In a recording session, the producer is king.

One of the best guitar players I have ever seen has traveled the country several times gigging. He used to be in a band with Sheryl Crowe before she hit ("she wasn't that good, at the time", he says). Now he is a painter with a mortgage, wife and kids. He has a room of amps, another room of guitars. He says it is his 401k, but he loves them too much to sell any. He is a white guy, plays in an all-black soul band (and in several other bands), and in the soul band, he is magnificent. He plays a lot of our jams, and he is overplaying, arrogant, and way too loud on stage. The soul band has strong leaderhip, and he keeps it in line. In the jam, there is lax leadership. He is trying to be the biggest fish in the pond.

Music isn't a competition. It's all about cooperation.

Any real musician's ears are far more important than his hands.
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March 01, 2018, 09:49:16 PM

And below 11K again,150 BTC wall inserted at 11K @ GDAX

Seems impossible to break


My prediction is we go sideways until the g20 summit and hopefully get good news from that
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March 01, 2018, 09:52:04 PM

I知 not a believer until $11,200


You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.


Since when have you been a bear?

$11,200 to me means the downtrend has been convincingly broken.  I have not even begun to think about $12k.  That is a problem for another day.   

The kettle is starting to warm up though.   I am beginning to see that we might get there. But not yet.
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March 01, 2018, 09:59:23 PM

CCMF june 2018 ...

https://www.youtube.com/watch?v=TVRzk3VWOKY

Toby Keith  Grin

JayJuanGee
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March 01, 2018, 10:00:43 PM

If we can get to ~$11,600, the inverse H&S will be complete. That should get us at least to the major resistance at ~$12,800.


Is there a difference between an inverse head and shoulders and a cup and handle in terms of what it expects to come next?  Are they both short term bullish?  Anyone?
d_eddie
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March 01, 2018, 10:01:31 PM

Music isn't a competition. It's all about cooperation.

Any real musician's ears are far more important than his hands.
This winter, every jam I've been to had me thinking exactly this.
Recently, I'm always feeling like I'm the only one who knows when to stay low or lay out completely (if applicable).
I wish I knew better jams around here. Maybe it's a seasonal thing.
JayJuanGee
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March 01, 2018, 10:11:02 PM

I知 not a believer until $11,200


You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.


Since when have you been a bear?

$11,200 to me means the downtrend has been convincingly broken.  I have not even begun to think about $12k.  That is a problem for another day.   

The kettle is starting to warm up though.   I am beginning to see that we might get there. But not yet.

I did not realize what I was saying was bearish..  but I can see your point.

 I thought that I was being more bullish than you to assert $11,200 as a given, but really I don't know.  The longer that we bounce around between $8,500 and $12k then the price could go either way.. so maybe I am thinking that we need to break above $12,000, so yeah in that regard, I am more bearish than you because I don't think that breaking above $11,200 really provides any kind of certainty that we have sufficiently broken up to feel comfortable in having MOAR UP.. I think that we need a higher break up in order to feel relieved of such bearishness. 

By the way, a couple of weeks ago, when we first broke back above $10k, I thought that was a decently bullish sign that there remains considerable difficulties in asserting that we are in an early 2014 scenario rather than the more likely early 2013 scenario... which still seems to be my thinking about what we currently have (i mean more likely that we are in an early 2013 like scenario currently rather than an early 2014 like scenario).
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March 01, 2018, 10:12:32 PM

I知 not a believer until $11,200


You gotta think BIGGER than that.  $11,200 is cake... or easie peasie.

Let me see breaking above $12k before I begin to believe - It may take a day or two to get to $12k-ish, if we are going there, and then breaking above would be a decent sign of UP.


Since when have you been a bear?

$11,200 to me means the downtrend has been convincingly broken.  I have not even begun to think about $12k.  That is a problem for another day.  

The kettle is starting to warm up though.   I am beginning to see that we might get there. But not yet.

With the way the market started behaving shortly after the CBOE and CME futures markets came online, I wouldn't be surprised if quite a few here have made the metamorphosis from bull to bear. We can only hope the bear whales have run out of BTC. However, I suspect many of the same bear whales closed their short positions around the 6-7K range and then used the profits to refill on cheap coins. Have my tinfoil hat on, naturally.
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March 01, 2018, 10:24:53 PM
Last edit: March 01, 2018, 10:42:49 PM by Last of the V8s

Uber's creator starting a shitcoin http://fortune.com/2018/03/01/bitcoin-uber-cryptocurrency-eco-garrett-camp/
looks like a socialist ripple
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March 01, 2018, 10:38:46 PM

All these countless limited use company coins annoy me. Just use bitcoin idiots.
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March 01, 2018, 10:39:30 PM

socialist ripple
The department of redundancy department.
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March 01, 2018, 10:42:36 PM

trufax
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