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Question: Closing BTC Price June 28:
$0 - 5 (3.1%)
<$7,000 - 4 (2.5%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.6%)
$8,500-$8,999 - 3 (1.8%)
$9,000-$9,499 - 4 (2.5%)
$9,500-$9,999 - 27 (16.6%)
$10,000-$10,499 - 24 (14.7%)
$10,500-10,999 - 12 (7.4%)
$11,000-$11,499 - 14 (8.6%)
$11,500-$12,000 - 15 (9.2%)
>$12,000 - 41 (25.2%)
>$20,000 - 13 (8%)
Total Voters: 163

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21245143 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. (66 posts by 16 users deleted.)
TERA2
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April 03, 2018, 09:03:11 AM

No. In 2014 hodlers were showing off screenshots of their bitstamp accounts with 250+ BTC.
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April 03, 2018, 09:03:40 AM

Different approaches.  I try to sell some on the way down and rebuy on the way back up (lower than what I sold it for).

What sort of QTY are you dealing with? Less than 1BTC or More than 1BTC?

There's a first rule of bitcoin, which is to talk about bitcoin, but don't talk about your qty of bitcoin.  

Didn't you know that?

Sorry i didn't know that... I was just wondering how much BTC or $$$ some people here are dealing with...

I think the highest amount anyone in this thread has ever revealed is about .5 BTC. You have to give it to him though...he's pretty rich now after holding for 5 years.

A vast majority of our discussions are on tax compliance and how best to follow the rules.

It has been generally accepted that we all just go ahead and pay extra on top of any taxes earned just to be on the safe side. However nobody here actually gives any tax advice as we are not certified attorneys and that would be highly illegal, which is the last thing any of us want to do.

Some discussion is on how to become an IRS agent as that is the ideal job for anyone and we all wish we could be one but we're mostly not smart enough for such a prestigious career.

Had a casual conversation with an accountant over the weekend about paying tax. Guess I’ll know more in a few years. Also it’s different here in the U.K.
still gotta pay though!! No getting away from it!
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April 03, 2018, 09:04:03 AM

No. In 2014 hodlers were showing off screenshots of their bitstamp accounts with 250+ BTC.

Foolish

Doesn’t matter if it’s 0.3 or 300. Never do that!!
Jacques_Bittard
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April 03, 2018, 09:05:35 AM

So, you guys ready for tears or will we wait till Wednesday?
HairyMaclairy
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April 03, 2018, 09:10:13 AM
Last edit: April 03, 2018, 09:21:41 AM by HairyMaclairy

So, you guys ready for tears or will we wait till Wednesday?

So tell us Jacques, what’s the price going to do this week?  Give us some hard numbers to work with.  

And while you are at it, tell us what’s going to happen in the second half of April.  I will happily accept a price range for that period.  

 If you want to make a contribution, provide some analysis.  Provide reasons.   Otherwise it’s just a circle jerk. 
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April 03, 2018, 09:19:06 AM

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 
pacman7331
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April 03, 2018, 09:20:52 AM

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 

It already crossed a few days ago. Right now bears are getting rekt. But they will never admit it. They say they are in control.
rjclarke2000
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April 03, 2018, 09:22:48 AM

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 

It already crossed a few days ago.


So.....we are done? Sell my imaginary coins ASAP?
pacman7331
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April 03, 2018, 09:25:23 AM

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 

It already crossed a few days ago.


So.....we are done? Sell my imaginary coins ASAP?

No if you look at the previous crosses they are not really that major factor in bitcoin price. You can correlate them a few months after the fact but they don't create immediate panics. It's overhyped it seems. This death cross is almost like a bear trap. Serves them right.
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April 03, 2018, 09:28:14 AM

Why the heck would you not short the death cross.


Btw. Im not a believer of death cross and next 1 1/2 years of bearmarket.

I think btc price will reach page parity in 1 year time 🤩
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April 03, 2018, 09:28:33 AM

So, you guys ready for tears or will we wait till Wednesday?

So tell us Jacques, what’s the price going to do this week?  Give us some hard numbers to work with.  

And while you are at it, tell us what’s going to happen in the second half of April.  I will happily accept a price range for that period.  

 

Making precise predictions with cryptos is mostly done by gambling addicts, who try to rationalize their addiction. I'd like to consider myself as just a gambler, so no hard numbers from me. The people who oversee the exact inflow of fiat, and share that information with each-other in a friendly fashion, are the people who know best, and even they aren't certain on the outcome of things.
I'll tell you this. I'll buy into some interesting new cryptos if this upward movement gets some proper volume testing. I'm not interested in playing these little swings that last a week at most. During bear markets, "the casino" plays very aggressively, so the juice is not just worth the squeeze. Lack of patience will cost a lot to inexperienced traders during these periods.
pacman7331
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April 03, 2018, 09:29:34 AM

Why the heck would you not short the death cross.


Btw. Im not a believer of death cross and next 1 1/2 years of bearmarket.

I think btc price will reach page parity in 1 year time 🤩

I was going to but I found myself doing the opposite because all the other indicators, show a reversal. Maybe short again next week...
serveria.com
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April 03, 2018, 09:38:12 AM

So, you guys ready for tears or will we wait till Wednesday?

So tell us Jacques, what’s the price going to do this week?  Give us some hard numbers to work with.  

And while you are at it, tell us what’s going to happen in the second half of April.  I will happily accept a price range for that period.  

 If you want to make a contribution, provide some analysis.  Provide reasons.   Otherwise it’s just a circle jerk. 

Don't bother he's just a troll. A failure.
Robin,Hood
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April 03, 2018, 09:40:04 AM

Different approaches.  I try to sell some on the way down and rebuy on the way back up (lower than what I sold it for).

What sort of QTY are you dealing with? Less than 1BTC or More than 1BTC?

There's a first rule of bitcoin, which is to talk about bitcoin, but don't talk about your qty of bitcoin.  

Didn't you know that?

Sorry i didn't know that... I was just wondering how much BTC or $$$ some people here are dealing with...

I think the highest amount anyone in this thread has ever revealed is about .5 BTC. You have to give it to him though...he's pretty rich now after holding for 5 years.

A vast majority of our discussions are on tax compliance and how best to follow the rules.

It has been generally accepted that we all just go ahead and pay extra on top of any taxes earned just to be on the safe side. However nobody here actually gives any tax advice as we are not certified attorneys and that would be highly illegal, which is the last thing any of us want to do.

Some discussion is on how to become an IRS agent as that is the ideal job for anyone and we all wish we could be one but we're mostly not smart enough for such a prestigious career.

Had a casual conversation with an accountant over the weekend about paying tax. Guess I’ll know more in a few years. Also it’s different here in the U.K.
still gotta pay though!! No getting away from it!

The notion of being born and now own someone money is insanity.

This is what Jeff Berwick has to say

A Letter To The IRS: Go F*** Yourselves You Bunch Of Criminals
https://www.youtube.com/watch?v=XdCfk7a2Va0

Taxation Is Theft
https://www.youtube.com/watch?v=aM-Mmxm0OEQ

Sidenote
Every Turbo Jet Engine (Planes, F1 cars........ runs on compressed Air)
.
Jacques_Bittard
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April 03, 2018, 09:40:47 AM

So, you guys ready for tears or will we wait till Wednesday?

So tell us Jacques, what’s the price going to do this week?  Give us some hard numbers to work with.  

And while you are at it, tell us what’s going to happen in the second half of April.  I will happily accept a price range for that period.  

 If you want to make a contribution, provide some analysis.  Provide reasons.   Otherwise it’s just a circle jerk. 

Don't bother he's just a troll. A failure.

Yet, you are the one trying to troll me.. a crazy world we live in.
styralf
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April 03, 2018, 09:41:08 AM

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 

It already crossed a few days ago. Right now bears are getting rekt. But they will never admit it. They say they are in control.

Well the Exponential MA200 and MA50 has not crossed on the Daily in my chart (Tone Vays used this one). Maby one or two days left. I did go all in long at 6650 (yes i am an addictive person  Grin). I just se small players selling and big players buying thats why im a little sceptical.

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April 03, 2018, 09:44:33 AM

Last week was a pretty tough for BTC when its open price was 8445 , went up a little bit to 8499 but then went down pretty fast and close at 6816. Big bear was rolling like a ball last week plus a high vol that showed us sellers took over the market. Today, stoch just got over the oversell area but probably it can't go a lot higher, anyway BTC would goes up a little bit. The BB also gives the same signal when the price touched the lower BB and start going to the middle one.

Just my personal and amateur opinion, I look forward to hearing from different pro here!
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April 03, 2018, 09:52:20 AM

Bears making a stand at 7450.

Support around 7200 - 7250
pacman7331
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April 03, 2018, 09:56:37 AM

Last week was a pretty tough for BTC when its open price was 8445 , went up a little bit to 8499 but then went down pretty fast and close at 6816. Big bear was rolling like a ball last week plus a high vol that showed us sellers took over the market. Today, stoch just got over the oversell area but probably it can't go a lot higher, anyway BTC would goes up a little bit. The BB also gives the same signal when the price touched the lower BB and start going to the middle one.

Just my personal and amateur opinion, I look forward to hearing from different pro here!

Daily Stoch is the one to look at IMHO unless you are day trading. On the 1 day chart we are just now reversing upward.

We will probably break out of this downtrend from 11700 in a couple days.
Last of the V8s
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April 03, 2018, 09:59:20 AM

Hey Guys,

I Believe that the price is beeing manipulated up by whales, i have been watching bitfinex orderbook and there are many large buys of 50+ coins when price drops a little. Dont you Think that they are running up the price towards the Death Cross to dump it when it crosses? Tone Vays has talked alot of that you shouldn't short the Death Cross if the price is below it. So i belive they run it up towards it so they will be able to dump it.

What do you think of my theory?

I also see that markets allover the World are crumbeling, maby next financial crisis is here, so this i bullish.

 

It already crossed a few days ago. Right now bears are getting rekt. But they will never admit it. They say they are in control.

Well the Exponential MA200 and MA50 has not crossed on the Daily in my chart (Tone Vays used this one). Maby one or two days left. I did go all in long at 6650 (yes i am an addictive person  Grin). I just se small players selling and big players buying thats why im a little sceptical.


https://www.tradingview.com/chart/7fsxY6qE/ is tony's chart. they crossed last month. let's move on.

Bears are indeed stocking up their wee wallets to continue their controlled demolition job, hoping the amateur traders will help them by capitulating at the first sign of FUD.
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