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Question: Highest price we'll see in 2022:
50,000 - 0 (0%)
60,000 - 0 (0%)
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80,000 - 0 (0%)
90,000 - 0 (0%)
100,000 - 0 (0%)
125,000 - 0 (0%)
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300,000 - 0 (0%)
>300,000 - 0 (0%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25526419 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. (158 posts by 14 users with 9 merit deleted.)
Toxic2040
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May 15, 2018, 04:09:41 PM

Many are probably waiting to see if we move above or below one of these trend lines...I dont blame you. Still looks like a good time to buy the dip imho.


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May 15, 2018, 04:10:18 PM
Merited by bitebits (1)

Ok..this chart is a hot mess for those of you with more refined senses..I get that. However..it is my muse and I feel like I have put some of my soul into it. Beauty is in the eye of the be-hodler.


If you take away the candles so you can better see the indicators. The golden cross/death cross battle is where most of the interest if focused. Also..there is a big squeeze that is rapidly approaching, I like to think of it in terms of fluid dynamics. Where these indicators compress...velocity increases(i.e. reducing the volume increases the pressure) resulting in larger and faster movements. Either upwards or downwards. So when these cross its the same theory..it either adds to increase the flow to the stream or restricts it so to speak.

All this inertia is barreling down into this choke point next month..something will give. I believe that means a violent move upwards above 10k.



I try to restrain my personal exuberance and give a unbiased opinion but it can be difficult to say the least. I will say it again, my personal opinion is you should buy as much bitcoin as you can as soon as you can. Time is running out.
---------
The good news imho is this will be decided very soon..days at the most.

And then bears disrupt and the sentences you have tried to write do not makes as much sense..lol. Buy the dips.




All you really need is a daily chart with 50 and 200 MA right now. Price is ranging between those MA's: go long or short when one or the other is taken out. Good TA does not have to be complicated. Actually simpler is better from my experience. Also: if two different approaches like MA and PnF or Ichimoku agree the probability of the trade being a winner increases.

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May 15, 2018, 04:22:35 PM

All you really need is a daily chart with 50 and 200 MA right now. Price is ranging between those MA's: go long or short when one or the other is taken out. Good TA does not have to be complicated. Actually simpler is better from my experience. Also: if two different approaches like MA and PnF or Ichimoku agree the probability of the trade being a winner increases.
+1WOsMerit

I agree. A true master makes one mark and all is apparent.(sic..which I am not) This is a tough crowd though..sometimes drastic measures need to be implemented..   Cheesy
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May 15, 2018, 05:36:33 PM

Facebook is like, really fkn bad with math. Or full of bullshit.

https://finance.yahoo.com/news/facebook-banned-583-million-fake-140000338.html
"It disabled 583 million fake accounts. It estimates that overall, 3-4% of its monthly active users are fake."

Facebook monthly active users as of Q1 2018: 2.19 Billion

Number of people in the whole world: 7.44 Billion

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May 15, 2018, 05:45:36 PM

Facebook is like, really fkn bad with math. Or full of bullshit.

https://finance.yahoo.com/news/facebook-banned-583-million-fake-140000338.html
"It disabled 583 million fake accounts. It estimates that overall, 3-4% of its monthly active users are fake."

Facebook monthly active users as of Q1 2018: 2.19 Billion

Number of people in the whole world: 7.44 Billion



Or it could make sense if those 583 million disabled fake accounts were mostly NOT monthly active users.

They are full of bullshit anyways.
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May 15, 2018, 06:38:52 PM

Facebook is like, really fkn bad with math. Or full of bullshit.

https://finance.yahoo.com/news/facebook-banned-583-million-fake-140000338.html
"It disabled 583 million fake accounts. It estimates that overall, 3-4% of its monthly active users are fake."

Facebook monthly active users as of Q1 2018: 2.19 Billion

Number of people in the whole world: 7.44 Billion



Or it could make sense if those 583 million disabled fake accounts were mostly NOT monthly active users.

They are full of bullshit anyways.

fecesbook.  full of shit, ya?
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May 15, 2018, 06:45:28 PM


I highly recommend this book to anyone even remotely interested in Bitcoin, "blockchain", or any other cryptocurrency. It's been making some big waves through the Bitcoin community. As the review above points out, it makes one of the strongest cases yet for Bitcoin maximalism.

I like this  Smiley :


As bitcoin maximalists our first task is to get entrepreneurs into bitcoin and bitcoin alone. And that can be a very difficult since 95%+ of the information on the bitcoin and crypto space are scams and millions are spent to lead the uninformed into these scams.

Nice Cool
kurious
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May 15, 2018, 07:00:45 PM




Sorry, Tera - not a 'well-researched' article:

'Case in point, coder Peter Saddington, 35, bought a Lamborghini three years ago for $200,000 with 45 bitcoins'

And years ago, the price of a bitcoin was....?
infofront
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May 15, 2018, 07:09:36 PM
Last edit: May 16, 2018, 03:20:26 AM by infofront

The "BullBear Analytics" newsletter explains why we likely didn't see a Consensus rally this year:

Quote
While there is still time for the bulls to pull off a miracle and rally price above $9,000 in time to call it a Consensus-driven move, we don't think the odds are very good considering the technicals are clearly pointing to more sideways consolidation while the sentiment surrounding the conference itself is mixed at best. No doubt it is a good sign that this event has gotten so large and garnered so much media attention, however that also may be its downfall given the reviews of everything from the registration process to actual access to the speakers has not been great to say the least. Additionally, the number of projects marketing and presenting that have no working product, much less revenues and/or profits, has apparently skyrocketed which has led many to compare this to the "internet" conferences of the late 90's which were a precursor to the crash. Whether or not the broader crypto space is in that sort of bubble remains to be seen, and we highly doubt BTC is specifically, however at the very least we can say that there appears to be saturation which might be one of the reasons the markets are not rallying this year like they have in the past.

TLDR (edited): Consensus has become a cesspool of ICO shitcoin/"blockchain" scams.
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May 15, 2018, 07:22:49 PM

Quote
TLDR: Consensus has become a cesspool of ICO scams.

Have you looked at the agenda? There aren't any ICO's there. Not saying the conference is good. I'd say there's a lack of good speakers (such as Andreas).
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May 15, 2018, 07:25:34 PM

As a Bitcoin maximalist who couldn't give a crap about ICO's and men in suits from the Fed/Large Traditional Corps, does anyone have any recomendations for sessions at Consensus 2018, I can't seem to find anything worth watching yet?
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May 15, 2018, 07:38:27 PM
Last edit: May 15, 2018, 07:49:17 PM by buyandhold
Merited by Torque (1), infofront (1)

As a Bitcoin maximalist who couldn't give a crap about ICO's and men in suits from the Fed/Large Traditional Corps, does anyone have any recomendations for sessions at Consensus 2018, I can't seem to find anything worth watching yet?

Sorry no fwiw I haven't found more than a few maximalist scraps there.

Almost anything by Blockdigest makes better viewing than Coindesk Consensus, but perhaps you're all up to date. https://www.youtube.com/channel/UCb53lXz2IzEFT5JNHSbdvPg/videos

guess these will come out later


edited: https://twitter.com/jmcorgan/status/996434257026453506 a twitter thread summing things up so far from a core dev's pov
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May 15, 2018, 07:50:41 PM

Many are probably waiting to see if we move above or below one of these trend lines...I dont blame you. Still looks like a good time to buy the dip imho.






and about here  Tongue
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May 15, 2018, 08:00:10 PM

reverse bart (testing 8900-9000) in the next 4 hours?
infofront
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May 15, 2018, 08:00:40 PM

Quote
TLDR: Consensus has become a cesspool of ICO scams.

Have you looked at the agenda? There aren't any ICO's there. Not saying the conference is good. I'd say there's a lack of good speakers (such as Andreas).

There's a lot more to a conference than just the official speakers. And among the speakers, there may not be any ICO salesmen, but there are plenty of shitcoin shills and representatives of "blockchain" companies.

Hell, Roger Ver would be a speaker there if it wasn't so hard for a convicted felon to get a visa.

https://www.coindesk.com/events/consensus-2018/agenda/
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May 15, 2018, 08:00:53 PM

I think we pop over 9k today. Lets do it.
 Smiley

I hope this is the last time we cross 9k, I'm sick of vegeta




on the other hand, i do wanna see 5-dig as well, but it was just a funny vegeta one .  Grin
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May 15, 2018, 08:03:56 PM



Is this the real life or just merely fantasy? Undecided
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May 15, 2018, 08:05:44 PM

reverse bart (testing 8900-9000) in the next 4 hours?

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May 15, 2018, 08:09:59 PM



Is this the real life or just merely fantasy? Undecided

Nah, this isn't the real life. It's just that rat poison again. Don't go close to it.
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May 15, 2018, 08:21:34 PM
Merited by jbreher (1), suchmoon (1), kaicrypzen (1)



Is this the real life or just merely fantasy? Undecided

I mean, a top like that for $9.99 is really not bad, but I can't exactly call it a fantasy.
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