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Question: When will we see a new ATH?
October - 14 (23.3%)
November - 9 (15%)
December - 18 (30%)
2022 - 11 (18.3%)
After 2022 - 8 (13.3%)
Total Voters: 60

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25442804 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.)
DeathAngel
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March 06, 2018, 12:09:21 PM

Let’s save the suicide for another day guys - we’re only down about $500 in 24 hours.


Ultimately I agree with you, but let's look a bit more closely.  O.k.  Price dipped down from a high of less than 24 hours ago of $11,688 down to $10,835, so far, as I type this - which is about the price from 4 days ago.

So, really it took us 4 days to go up to $11,688, and then we are back down fairly quickly and then perhaps at a bottom here or maybe going to test lower.  My sell order at $11,700-ish was not triggered, so I was not able to buy any back at what would have been about $11k, instead my next buy order is at $10,700, and has not been triggered, yet, either.  

So the punchline... still in limbo land, here, and admittedly a tiny bit painful (like a mosquito bite) when orders almost trigger, but don't.  

In the end, we cannot necessarily rush these kinds of pricing matters, and just let the price come to our set orders, rather than jumping ahead or prematurely getting excited... Certainly suicide or any attempts at suicide should be considered a wee bit of an overreaction to this.

2018 will no doubt me another crazy ride Jay, I hope you’re strapped in. I think we are witnessing the calm before the storm, let’s see where this year takes us.

Smiley
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March 06, 2018, 12:21:37 PM

Looks like end of phase B and the start of phase C to me. next stop <=8500
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March 06, 2018, 12:29:32 PM

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March 06, 2018, 12:35:43 PM

My sell order at $11,700-ish was not triggered
Optimism is not your friend at this point.  

Certainly suicide or any attempts at suicide should be considered a wee bit of an overreaction to this.
What if you're wrong?
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March 06, 2018, 12:53:54 PM

Looks like end of phase B and the start of phase C to me. next stop <=8500
Thought if we ever touch 11700 USD, then we will move upward but seeing people comments i am getting nervous. Bitcoin back to 8 USD. Many investors will lose again.
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March 06, 2018, 12:59:49 PM

Bitcoin back to 8 USD. Many investors will lose again.

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March 06, 2018, 01:10:34 PM

Been proven time & time again that TA & regular stock markets, historical data etc is mostly not relevant to bitcoin. This beast does what it wants.

Wave B, Wave C = bull shit, let’s wait & see.
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March 06, 2018, 01:16:36 PM

Been proven time & time again that TA & regular stock markets, historical data etc is mostly not relevant to bitcoin. This beast does what it wants.

Wave B, Wave C = bull shit, let’s wait & see.

Post your predictions both ways then when honey badger does it’s thing
you simply delete the post that’s wrong and then post
“see? I told ya!”
DeathAngel
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March 06, 2018, 01:24:09 PM

Been proven time & time again that TA & regular stock markets, historical data etc is mostly not relevant to bitcoin. This beast does what it wants.

Wave B, Wave C = bull shit, let’s wait & see.

Post your predictions both ways then when honey badger does it’s thing
you simply delete the post that’s wrong and then post
“see? I told ya!”


$13,000 by end of March
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March 06, 2018, 01:25:27 PM
Merited by Last of the V8s (1)

I recently ordered some "physical bitcoins" as a novelty gift, and I must say, they're absolutely stunning. At the price they come at they make a great gift for starting a conversation. Hell, you could even try to order a beer with one and it'd be cheaper then paying with real bitcoins!

https://www.ebay.com/itm/10Pcs-Gold-Bitcoin-Commemorative-Collectors-Coin-Bit-Coin-is-Gold-Plated-Coin/312023634719?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2060353.m2749.l2649
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March 06, 2018, 01:26:36 PM

Been proven time & time again that TA & regular stock markets, historical data etc is mostly not relevant to bitcoin. This beast does what it wants.

Wave B, Wave C = bull shit, let’s wait & see.

Post your predictions both ways then when honey badger does it’s thing
you simply delete the post that’s wrong and then post
“see? I told ya!”


$13,000 by end of March

TIFIFY Wink
DeathAngel
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March 06, 2018, 01:36:40 PM

I recently ordered some "physical bitcoins" as a novelty gift, and I must say, they're absolutely stunning. At the price they come at they make a great gift for starting a conversation. Hell, you could even try to order a beer with one and it'd be cheaper then paying with real bitcoins!

https://www.ebay.com/itm/10Pcs-Gold-Bitcoin-Commemorative-Collectors-Coin-Bit-Coin-is-Gold-Plated-Coin/312023634719?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2060353.m2749.l2649

How do they work, do they have a private key engraved?

It so how do you know the designer/maker won’t sweep them?
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March 06, 2018, 01:44:00 PM

I recently ordered some "physical bitcoins" as a novelty gift, and I must say, they're absolutely stunning. At the price they come at they make a great gift for starting a conversation. Hell, you could even try to order a beer with one and it'd be cheaper then paying with real bitcoins!

https://www.ebay.com/itm/10Pcs-Gold-Bitcoin-Commemorative-Collectors-Coin-Bit-Coin-is-Gold-Plated-Coin/312023634719?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2060353.m2749.l2649

How do they work, do they have a private key engraved?

It so how do you know the designer/maker won’t sweep them?


No key, just a novelty gift. They have no value other then what the receiving party would be prepared to give for it.
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March 06, 2018, 01:52:10 PM

Damn, this price action doesn't look good.....
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March 06, 2018, 01:54:28 PM
Last edit: March 06, 2018, 02:15:52 PM by JayJuanGee

My sell order at $11,700-ish was not triggered
Optimism is not your friend at this point.  


Oh my Rosewater.... I hope you are not going down the pessimism road, again... so easily.

Bitcoin is in a great place in terms of price and overall dynamics, fundamentals and considering which scenarios are more likely and less likely, even if we experience a further price correction from here, we remain in a great place.

This should not b about me being optimistic or too optimistic.

Have you ever invested in an asset, such as bitcoin, that went up 20x in a year, and then corrected down 70% and still is floating pretty solidly at more than 10x from it's starting point from a year ago?  

You are certainly a glass half-full kind of guy, if you cannot figure out some kind of way to at least not be so pessimistic, and getting upset if you believe that others (such as me) are too optimistic.

Further, you seem to have a bit of a desire that somehow either I am wrong in my strategy or my outlook or that I get hurt by my btc trading strategy, but my btc trading strategy prepares for either price direction.. of course, if prices go below $1k, I am not going to be very happy about that kind of a scenario, but I am still going to be o.k. financially, so it is really difficult to hurt me, when my btc portfolio is already set up and prepared for either BTC price direction and even more extreme scenarios than what we have already experienced.



Certainly suicide or any attempts at suicide should be considered a wee bit of an overreaction to this.
What if you're wrong?

It would be very difficult for me to be wrong on this suicide point, and if you are in a suicidal state then you have some real difficulties that are likely in need of more counsel than can be provided in a quasi-anonymous bitcoin talk thread, such as this one.  

Either professional help would be good or maybe completely removing yourself from whatever toxic environment you happen to be in, and maybe getting back to nature or even finding some other reason to live (besides bitcoin if bitcoin what is causing you so much stress) - of course, if you were to have some kind of terminal health condition then that might be another story that is more suitable for hospice care specialist advice rather than counseling with bitcoin market pranksters that are found lurking in these kinds of BTC talk threads.
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March 06, 2018, 01:56:36 PM

Damn, this price action doesn't look good.....
unless your buying
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March 06, 2018, 02:19:08 PM
Last edit: March 06, 2018, 02:37:30 PM by sirazimuth

I recently ordered some "physical bitcoins" as a novelty gift, and I must say, they're absolutely stunning. At the price they come at they make a great gift for starting a conversation. Hell, you could even try to order a beer with one and it'd be cheaper then paying with real bitcoins!

https://www.ebay.com/itm/10Pcs-Gold-Bitcoin-Commemorative-Collectors-Coin-Bit-Coin-is-Gold-Plated-Coin/312023634719?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2060353.m2749.l2649

How do they work, do they have a private key engraved?

It so how do you know the designer/maker won’t sweep them?


No key, just a novelty gift. They have no value other then what the receiving party would be prepared to give for it.

Awhile back I read a thread somewhere on here that some company did just that.
i.e ...actually engraved the priv key with a “sealed” hologram or some such thing and sold
the various bitcoin valued coins they fabricated.
And guess what ended up happening?
Not too hard to figure out...lol
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March 06, 2018, 02:25:19 PM

From 12 to 8 is a 33% variation. Maybe this kind of variation will be the norm now.

Double the price from 6 to 12, fall to 8, then double again to 16, fall to around 10, then double again to 20. How much time would this take?

I dont think we can reach 100k this year anymore. For that, we would be at 20k right now.

But we can still reach 50-70k by the end of the year.
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March 06, 2018, 02:32:37 PM

From 12 to 8 is a 33% variation. Maybe this kind of variation will be the norm now.

Double the price from 6 to 12, fall to 8, then double again to 16, fall to around 10, then double again to 20. How much time would this take?

I dont think we can reach 100k this year anymore. For that, we would be at 20k right now.

But we can still reach 50-70k by the end of the year.


Sure, why not!? Historically the price was perfectly predictable and never did anything remotely unexpected, so this is a given. My rough guesstimate would be 67-68 days. It's hard to be more precise, sorry about that.
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March 06, 2018, 02:34:24 PM

From 12 to 8 is a 33% variation. Maybe this kind of variation will be the norm now.

Double the price from 6 to 12, fall to 8, then double again to 16, fall to around 10, then double again to 20. How much time would this take?

I dont think we can reach 100k this year anymore. For that, we would be at 20k right now.

But we can still reach 50-70k by the end of the year.

My rough guesstimate would be 67-68 days.

for what?
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