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Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22412697 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. (148 posts by 37 users deleted.)
bones261
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April 01, 2018, 07:06:42 PM

yep, the more you trade, the less likely is that you would be profitable.
that is, if you are human and not an algo.

re gold: maybe not a bad idea, but how would I know that it is real gold and not fake with all these cases of high quality fake gold spreading lately. Bitcoin cannot be fake.

Re lambo- nice ride, congrats.

Bars are easier to fake, there are dodgy coins out there but they are easy to spot. The colour + coin details are always off.

If your a newbie just avoid ebay & alibaba and you'll be fine Smiley

Just stick to main dealers like apmex etc. or if you want to buy directly with BTC I have used silvergoldbull.

A good rule of thumb is to buy coins from your country for greatest liquidity e.g Eagles + Buffalos in the US, Britannias & sovereigns in the UK.


If your goal is to hoard metals to prepare for a potential financial apocalypse, I'm not sure buying national minted coins is the best strategy. Don't those coins sell for a rather high premium over spot since they are considered collectibles? Same goes for trying to hoard gold in the form of jewelry.

Also, Bitcoin can be "faked" to the unwary. e.g Bitcoin Cash.
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Last of the V8s
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April 01, 2018, 07:21:14 PM

@PayPalUK 7:00 AM - 1 Apr 2018 https://twitter.com/PayPalUK/status/980323918467817473
You can now Print Money directly from your phone. Launching on the PayPal app. Will you be using it?



sick humour there from the lizards
flynn
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April 01, 2018, 07:32:41 PM

Ha ha, seeing that Lambo makes be bullish again  Grin

How about a nice Corvair instead.  Grin



looks like a NSU TT to me
El duderino_
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April 01, 2018, 07:33:58 PM

What's up with that new poll, it's a bit weird ?

YEAH very weird but don't like don't look or participate.... same for those that don't like BTC and prefer FIAT system and banks
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April 01, 2018, 08:00:49 PM

guys, I was asked to warn you nasty scammer resurfaces https://bitcointalk.org/index.php?action=profile;u=215842 Black_Arrow_UK


https://archive.is/tTt40
https://archive.is/pRjPR
serveria.com
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April 01, 2018, 08:19:02 PM

Latest from Masterluc (google translate):

"As I wrote, the price can rebound from the level of ~ 6000, drawing a double bottom. It would be a Paschal miracle. Technically, however, the price is in the progressing bearish zone, below the most important curves, the fall potential (theoretically up to $ 3000) has not yet been exhausted. The situation on Wall Street is also not encouraging.

In the long run, buying at current levels is very profitable, I believe.

Something like this."

However I have to add this guy's latest predictions were mostly wrong (at least if we speak about the timing).


HairyMaclairy
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April 01, 2018, 08:27:11 PM
Last edit: April 01, 2018, 08:37:18 PM by HairyMaclairy
Merited by fluidjax (1)

For those of you comparing gold to bitcoin, don’t.  

The gold price is suppressed because gold is too easy to mine with modern mining techniques. Gold has a supply problem, there is too much of it.  We have mined far more gold since 1950 than we have in all of history, and that has flooded the market.

Quote
The best estimates currently available suggest that around 190,040 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950.

Source:  https://www.gold.org/about-gold/gold-supply/gold-mining/how-much-gold-has-been-mined

Further there are too many planned mine expansions.  A single planned mine expansion in Australia (BHP Olympic Dam) would yield 15,000 tonnes of gold and 90,000 tonnes of silver.  That’s almost 10% of historical global supply from a single mine. No market can absorb that type of new supply without collapsing the price.

So ignore the 4th dimension conspiracy bullshit, because the author doesn’t know how supply and demand works in the gold market.

Bitcoin is scarce.  Gold is as common as dirt.
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April 01, 2018, 08:38:15 PM

When infofront takes April fool's to the next level...    Cheesy


Good afternoon all.

Bitcoin has had a nice rebound this morning to bring us out of the desert of despair back towards the 7k mark. We might test this level at 6.9k as shorters try to scalp some profits I believe but the trend upwards has begun.



Posting this because..well...I like rockets. :p

Biro Bob
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April 01, 2018, 08:49:57 PM

F*** i have the badest morning ever ...... lost coins

Uh what happened?   How did you lose coins ?

i don't know WO toke some i guess i just


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Maybe it’s for playing WO Top Trumps?
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April 01, 2018, 08:56:04 PM

that poll is hilarious.
HairyMaclairy
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April 01, 2018, 09:05:34 PM

I’m sorry guys the rebound from $6400 was mechanical buying.

Shorts being liquidated and buy stop orders being triggered.

It’s not a real rally imho, it’s just market mechanics.
Torque
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April 01, 2018, 09:17:43 PM

What's up with that new poll, it's a bit weird ?

YEAH very weird but don't like don't look or participate.... same for those that don't like BTC and prefer FIAT system and banks

The only choice infofront's poll is missing is the coveted "It already has!" slot for the BCash true beliebers  Tongue  Grin
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April 01, 2018, 09:20:15 PM
Merited by Toxic2040 (1)

An interesting take on bitcoin (it could have been posted here, but it is a first time I have seen it):

https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor%27s+Take+on+Cryptoassets+v6.pdf

Major points:

1. $4.4-9.9 tril final value for the store of value use, but could rapidly (months) increase to $1.5 tril (which is about $112K or $86k fully diluted). My opinion: he wrote it when btc was at 15-17K, so run up in months to $1.5 tril would be postponed, most likely.

2. An interesting comparison with AMZN, which was $107 in 2000 but was $1600 recently. In between AMZN declined to $5-6.
The author says that if you calculate by dec 2017 AMZN price, it increased "only" by 14% yearly between buying during internet "bubble" peak and Dec 2017. I recalculated to the recent AMZN peak of $1600 and it is rather 16.5% yearly.
However, if you count from 2001 AMZN low of  5.76, you'll get 39.5% yearly return from 2001-2018.
Well , 39.5 is much better than 14-16.5%, but even 16.5% is OK.

I guess my point is that those who bought at $17-20K would be similar to investors who bought AMZN at around $100 in 2000 and those who bought either earlier (up to btc $1000) or later (at the bottom whenever it comes) would be in a similar situation to AMZN buyers at either IPO or in 2001. They would just have to wait maybe a decade or so. The upper target in the article is 260-800K/btc.
bones261
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April 01, 2018, 09:23:33 PM

I’m sorry guys the rebound from $6400 was mechanical buying.

Shorts being liquidated and buy stop orders being triggered.

It’s not a real rally imho, it’s just market mechanics.

I'm not sure the bounce was strong enough to squeeze a short from the bottom. The most leverage that I know about that directly interacts with the market is 5X. Unless whales are being given more leverage than I am aware of. Bitmex and OKex are total derivatives, I thought.
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April 01, 2018, 09:41:01 PM

In other words is it a glade? Or is it a rally within the bigger glade thatll extend the larger glade and perhaps revisit $8K before the real crash?
JayJuanGee
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April 01, 2018, 09:42:15 PM

The good news is that the Sun will come out.........just not tomorrow, and I will bet my bottom dollar. I would be a heavy buyer around April 6th, and again mid-May. And early 2019.

P.S. this chart is from the future, your results may vary.

[https://s18.postimg.org/qsf1exrw9/The_sun_will_come_out.png[/img]

Yes.... Results do happen to vary..... Results especially vary from your random predictions. 

I thought that you would have given up after your stupid-ass March 5 fiasco'ed attempt at sorcerer status?

Oh?  I forgot.  The practice of a wanna-be sorcerer is merely to keep making spectacular predictions, and sooner or later one of those predictions will happen to come true.   Roll Eyes Roll Eyes
Pot-Kettle argument:

Most of your posts are worth very little because when you attempt to make predictions you want to play both sides of down/up that the post ends up being meaningless drivel; much akin to the statement "a coin flip could produce either a heads up or a tails up"


I'm not going to quote any of your bs posts here because you posting them once was too much already

 Cry Sad Shocked Wink Cheesy Grin Roll Eyes

The March 5th thing was a Bazinga!......I sodled before Cinco de Marzo

You are pretty disingenuous telling everyone to buy before March 5.. .and then supposedly doing the opposite.  

Don't be comparing me to you in these regards.   Roll Eyes

Furthermore there is a bit of a problem with always wanting to be right.  Sure, I do a similar thing in terms of predicting probabilities to suggest probabilities for both up and down that frequently border on 50/50 or 60/40 if I am feeling confident, so in that regard, I am never really wrong, but that is not nearly in the same ballpark as the thing that you are doing in terms of making much more certain predictions and attempts at trolling sorcery that are ambiguous enough so you can always assert that you were correct.
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April 01, 2018, 09:49:10 PM

Are we just drawing random lines on the chart again that dont connect with anything, in linear scale?
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April 01, 2018, 09:51:43 PM

Are we just drawing random lines on the chart again that dont connect with anything?


He is just showing that if the market recovers back to 8k, it will be a double bottom at 6k.
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April 01, 2018, 10:03:33 PM

I’m sorry guys the rebound from $6400 was mechanical buying.

Shorts being liquidated and buy stop orders being triggered.

It’s not a real rally imho, it’s just market mechanics.

I'm not sure the bounce was strong enough to squeeze a short from the bottom. The most leverage that I know about that directly interacts with the market is 5X. Unless whales are being given more leverage than I am aware of. Bitmex and OKex are total derivatives, I thought.

Good point but there must be an arbitrage link between Bitmex and OKex and physical markets.  And shorters will want to buy to close their positions.
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April 01, 2018, 10:05:49 PM

In other words is it a glade? Or is it a rally within the bigger glade thatll extend the larger glade and perhaps revisit $8K before the real crash?

Do bears poop in the glade?
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