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Question: Price Target for Nov. 30, 2024:
<$75K - 4 (2.9%)
$75K to $80K - 1 (0.7%)
$80K to $85K - 2 (1.4%)
$85K to $90K - 10 (7.1%)
$90K to $95K - 15 (10.7%)
$95K to $100K - 28 (20%)
>$100K - 80 (57.1%)
Total Voters: 140

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26715746 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.)
cAPSLOCK
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Note the unconventional cAPITALIZATION!


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April 04, 2018, 02:49:11 AM
Merited by jbreher (1)

Something is happening in Canada. I don't know what it is, but I don't like it.

Hockey?
Rush concert?
Twinkly PM?
Poutine?

Wait I like Poutine...  it's not that one.
Rosewater Foundation
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April 04, 2018, 02:50:44 AM

Something is happening in Canada. I don't know what it is, but I don't like it.

Hockey?
Rush concert?
Twinkly PM?
Poutine?

Wait I like Poutine...  it's not that one.

Shoulda never left Kansas. Undecided
jbreher
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lose: unfind ... loose: untight


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April 04, 2018, 02:59:40 AM

Wash trading ... creates an illusion of false value velocity.

FTFY.

Quote
If funds will be directed to somewhere that doesn't have actual value to the economy,

Except funds aren't going anywhere. From right pocket to left pocket of the same entity is not a direction of funds.
Biodom
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April 04, 2018, 03:00:30 AM

What would be of crypto without all its nonsense drama?

They probably don't realize it or care, but it's people like Roger, CSW, and Mcafee that are hindering mass adoption. They are putting the face of crazy on Bitcoin and crypto. Average Joes don't want to be associated with such nonsense.

I kind of agree with the point, but here is a counterpoint: Elon Musk (an absolute WS and MSM hero in the last few years) sometimes does say a nonsensical thing or two, but his latest joke was roundly criticized. Why? Because CEO of a company which stock declined 30% and debt was downgraded and is trading at 90c/$ should not make these kind of jokes.
Conclusion: when your stock is hot, everyone ignores a misstep or two, but when it is declining fairly rapidly, you should be a bit more CRAEFUL with what you say, I guess.

TL;DR this is not about bch, Roger or CSW, but rather about nonsensical statements and mass adoption/perception.
jojo69
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diamond-handed zealot


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April 04, 2018, 03:08:12 AM

Something is happening in Canada. I don't know what it is, but I don't like it.

it would rather appear so

we would do well to watch this one folks
Rosewater Foundation
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April 04, 2018, 03:17:33 AM

Something is happening in Canada. I don't know what it is, but I don't like it.

it would rather appear so

we would do well to watch this one folks


political fallout from all the crushed normals we created probably. I imagine there's been a fair bit of wreckage
savetherainforest
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April 04, 2018, 03:30:51 AM



Well... from that it looks like there will be more than $100k that will be reached this year. Smiley
jbreher
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lose: unfind ... loose: untight


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April 04, 2018, 03:44:06 AM

I am kind of wondering what Gemini's goal is? 

I am thinking that maybe, just maybe ... bear with me here for a moment ... maybe ... profit maximization?
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April 04, 2018, 03:49:35 AM


Roger said: "more babies are dying [because of bitcoin core], people are literally dying [because of bitcoin core]"  Undecided

This guy is mentally ill a ghost talking to a stone wall.
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Deb Rah Von Doom


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April 04, 2018, 03:50:00 AM

Who says those arbitrary lines form the correct channel? I doubt so because it reaches infinitely high numbers too fast. What if THESE purple lines are actually the correct channel?

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April 04, 2018, 03:57:25 AM
Merited by Toxic2040 (1)

I've seen gazillion of price predictions. Even without looking at those graphs, if you only look at the technology itself Bitcoin got 1 destination.

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April 04, 2018, 03:58:00 AM
Merited by jbreher (1)

Something is happening in Canada. I don't know what it is, but I don't like it.

Hockey?
Rush concert?
Twinkly PM?
Poutine?

Wait I like Poutine...  it's not that one.

Shoulda never left Kansas. Undecided

Mass civil unrest!

infofront (OP)
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April 04, 2018, 04:06:47 AM

Who says those arbitrary lines form the correct channel? I doubt so because it reaches infinitely high numbers too fast. What if THESE purple lines are actually the correct channel?

Your channel deviates too much from the adoption S-curve.

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April 04, 2018, 04:09:01 AM

Something is happening in Canada. I don't know what it is, but I don't like it.

Hockey?
Rush concert?
Twinkly PM?
Poutine?

Wait I like Poutine...  it's not that one.

Shoulda never left Kansas. Undecided

Mass civil unrest!





different times
HairyMaclairy
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April 04, 2018, 04:15:01 AM

Wash trading ... creates an illusion of false value velocity.

FTFY.

Quote
If funds will be directed to somewhere that doesn't have actual value to the economy,

Except funds aren't going anywhere. From right pocket to left pocket of the same entity is not a direction of funds.

I have seen United Bitcoin being wash traded on Quoine with a daily volume of $450k.   When you look at the books, the total value of buy orders until the price went to zero was $1,400.
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April 04, 2018, 04:25:02 AM
Merited by Last of the V8s (1)

Wash trading ... creates an illusion of false value velocity.

FTFY.

Quote
If funds will be directed to somewhere that doesn't have actual value to the economy,

Except funds aren't going anywhere. From right pocket to left pocket of the same entity is not a direction of funds.

I have seen United Bitcoin being wash traded on Quoine with a daily volume of $450k.   When you look at the books, the total value of buy orders until the price went to zero was $1,400.

Would that make the volume higher or lower than bcash?
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April 04, 2018, 04:27:48 AM

I wouldn't say its still valid but an ugly inverse cup and handle has formed in the 4 hour chart and its currently completing the handle. The reason why I say its not valid anymore is because it already broke from the handle and also the cup that was formed is more of a "W" rather than a well rounded "U" making the price breakdown possibility low. With the recent price jump from 6500$ we are now seeing Bulls trying to take control in the 7,000$ and right now we have failed to go up above 7,500$, another fail for that would mean a continuation of the inverse cup and handle, which BTC is expected to go down below 5,900$
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April 04, 2018, 04:32:14 AM

I am kind of wondering what Gemini's goal is? 

I am thinking that maybe, just maybe ... bear with me here for a moment ... maybe ... profit maximization?

You are being a bit too smart-ass here.

Of course, they have a considerable goal that involves profit maximization, but how they achieve such goal - the means to the ends, is part of the question.

Do you really believe that if most other exchanges have fees below .25% then it is obvious that merely raising the fees to 1% is going to achieve their objectives?  If that were true, then a lot of other exchanges would have already gone down this supposedly obvious path.

There is a reason that coinbase keeps its maker trading fees at 0% and its taker trading fees at .25%.  Maybe in the future they will increase their fees, too - however, they have had 0% maker trading fees for several years.

So, you know as well as me, that you were not being genuine in your answer and you were not really grappling with the real question, right?
HairyMaclairy
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April 04, 2018, 04:35:20 AM

Wash trading ... creates an illusion of false value velocity.

FTFY.

Quote
If funds will be directed to somewhere that doesn't have actual value to the economy,

Except funds aren't going anywhere. From right pocket to left pocket of the same entity is not a direction of funds.

I have seen United Bitcoin being wash traded on Quoine with a daily volume of $450k.   When you look at the books, the total value of buy orders until the price went to zero was $1,400.

Would that make the volume higher or lower than bcash?

The BCH/USDT pair volume today on Quione is $4k.  There is no BTC / BCH pair.  

The UBTC / BTC pair is $14k daily volume.  

So UBTC has over triple daily volume than bcash lol on that exchange.
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Deb Rah Von Doom


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April 04, 2018, 04:37:34 AM

Who says those arbitrary lines form the correct channel? I doubt so because it reaches infinitely high numbers too fast. What if THESE purple lines are actually the correct channel?

Your channel deviates too much from the adoption S-curve.


This model applies to the growth of entire technologies and not to the price of a single security. Also, even in this model you can see many of the lines that started off fast and then leveled out.
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