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Question: Is this the last time Bitcoin will be below $9,000?
Yes - 43 (37.7%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21689836 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. (147 posts by 36 users deleted.)
JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 07, 2018, 05:42:17 AM

24777$

03/08/2018 toxic2040 Sad
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK


I would be very happy if gentlemand wins this list. He has a very good reasonable chance IMHO.


P.S.: I wouldn't like luckygenough56 winning (or never winning) it because of... reasons. Nothing personal though.

I am ONLY happy if either you or Yefi wins; otherwise, unhappy because reasons.


Not gonna happen. Sorry.

Party poop.    Angry
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kirreev070
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September 07, 2018, 06:45:10 AM

Fucking manipulators. News about Goldman Sachs was fake.




https://twitter.com/TechCrunch/status/1037913950690713600?s=19
https://twitter.com/CNBCFastMoney/status/1037819606633570304
TopTort777
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★Bitvest.io★ Play Plinko or Invest!


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September 07, 2018, 06:55:23 AM
Merited by infofront (1), BobLawblaw (1)



I miss that December together with Logan...
windjc
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September 07, 2018, 07:03:50 AM
Merited by PoolMinor (2)


This news had nothing to do with the drop.
Yaplatu
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Anti-maximaliste


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September 07, 2018, 07:18:04 AM


This news had nothing to do with the drop.

So why this drop  Huh
LoyceV
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September 07, 2018, 07:36:12 AM
Merited by JayJuanGee (1)

Fucking manipulators. News about Goldman Sachs was fake.
Why do people care so much about what bankers say about Bitcoin? One day they say it's a scam, the next day they want to profit from trading, and now it's this again.
In reality, all they do is try to manipulate the market. Considering manipulation is one of the reasons the SEC rejected the ETF, I wouldn't be surprised if they do this to manipulate who gets to have the first ETF.
Manipulation at this level would probably mean jail time if they do it on the stock market, but because it's crypto, they get away with it.

Bankers, central banks, governments and billionaires have tried to manipulate Bitcoin for years. And I can only think of one reason: they're afraid of something they can't control and can't stop. They wouldn't say this about something unimportant, they also don't say it because they care about investors. And you won't hear them say a painting isn't worth $450 million because it doesn't produce anything and only relies on another buyer paying more for it.
They say it because of their current interests.
windjc
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September 07, 2018, 07:37:08 AM


This news had nothing to do with the drop.

So why this drop  Huh

More people wanted to sell than buy at those prices.
vroom
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a Cray can run an endless loop in under 4 hours


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September 07, 2018, 08:25:54 AM


This news had nothing to do with the drop.

So why this drop  Huh

More people wanted to sell than buy at those prices.

"more people" is a wrong definition. A single whale can move the price.
Cassius
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September 07, 2018, 08:27:42 AM


This news had nothing to do with the drop.

So why this drop  Huh

More people wanted to sell than buy at those prices.

"more people" is a wrong definition. A single whale can move the price.

That massive stash of Silk Road-linked coins moving to Finex/Binance might have had something to do with it.
Yaplatu
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September 07, 2018, 08:47:18 AM


This news had nothing to do with the drop.

So why this drop  Huh

More people wanted to sell than buy at those prices.

"more people" is a wrong definition. A single whale can move the price.

That massive stash of Silk Road-linked coins moving to Finex/Binance might have had something to do with it.

~110 000 BTC which influences a market of ~17 250 000 BTC ? Mhhh not sure ...  Roll Eyes
Syke
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September 07, 2018, 09:00:20 AM

~110 000 BTC which influences a market of ~17 250 000 BTC ? Mhhh not sure ...  Roll Eyes

Which is why "market cap" is a meaningless statistic. There is no "market" of 17M BTC.
LoyceV
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September 07, 2018, 09:07:31 AM

~110 000 BTC which influences a market of ~17 250 000 BTC ? Mhhh not sure ...  Roll Eyes
Try selling 1% of any stock, see what happens!
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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September 07, 2018, 09:26:26 AM

Cassius
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September 07, 2018, 09:31:10 AM

~110 000 BTC which influences a market of ~17 250 000 BTC ? Mhhh not sure ...  Roll Eyes
Try selling 1% of any stock, see what happens!

Especially a thinly-traded one. Finex's 24h volume is 73k BTC. Weekly vol 572k BTC. Dump a few k into that in the space of minutes, which is what happened earlier this week, and I think you'll see the influence it has.
d_eddie
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September 07, 2018, 09:47:05 AM


This news had nothing to do with the drop.

So why this drop  Huh

More people wanted to sell than buy at those prices.

"more people" is a wrong definition. A single whale can move the price.

That massive stash of Silk Road-linked coins moving to Finex/Binance might have had something to do with it.

~110 000 BTC which influences a market of ~17 250 000 BTC ? Mhhh not sure ...  Roll Eyes

Totally superfluous, but I'm going to +1 the answers given by Syke, LoyceV and Cassius.
bitcoinPsycho
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THE NEXT 24 YEARS ARE CRITICAL🍄💊


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September 07, 2018, 09:51:08 AM

Just checked the price before bed, at least we moving up albeit slowly but at least fucking up.

Only to build more liquidity on the buy side for the next dump.

haven't we had enough dump, for now?  Seems like it.

C'mon, you know deep down that we are headed for another year of consolidation. For the record I am fine with the price going either direction, since my cost average is still zero (I have gained more dollars than my investment and still have coins left).

And thats why I love bitcoin  it just keeps giving. cost avarage £0 per coin is what it's all about
El duderino_
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#STAYinsideSTAYdrunk *the dude*


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September 07, 2018, 09:56:24 AM

via Imgflip Meme Generator
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September 07, 2018, 09:56:30 AM

Despite being a New Zealander, I like this guy.

Craig as useful idiot? Sounds about right.

https://www.youtube.com/watch?v=_OPCVeo1u20


(edit - around the 44 min mark)
crypmike
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September 07, 2018, 10:07:10 AM
Last edit: September 07, 2018, 10:27:45 AM by crypmike



On this market, when nobody googles bitcoin and blockchain, for sure there are no users
I think they will appear when the new market bull phase will start

And on his picture XMR has 25k users, not bad

Oh, I've found this tweet and a source of the stats — https://onchainfx.com/
The list looks slightly different now

Top-13 looks quite healthy



vapourminer
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what is this "brake pedal" you speak of?


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September 07, 2018, 10:32:38 AM

For the record I am fine with the price going either direction,
[...]
 since my cost average is still zero (I have gained more dollars than my investment and still have coins left).

I am pretty sure that I understand what you are saying here, which is that you have already pretty much pulled out all of the amount of your principle (the amount that you invested); however, with such a great investment like bitcoin, to me, it does come off as a bit lazy for anyone who presumes to be knowledgeable about bitcoin to be just floating around in the space with assertions of "zero costs" when the BTC price has gone from $250 to $19,666 and back down to a bit below $5,800 (so far).  Accordingly, there seems to be a lot of potential (and activism potential) there that is being glossed over, if you are merely asserting "zero costs" without attempting to get into either more specific measures of your investment situation or creating a more active (and perhaps aggressive) BTC investment approach.

i take it exactly as it looks, once your initial investment pays out in the tangible assets (money, physical items of worth, knowledge, whatever) its all gravy. i would think (hope) most people in this thread are in this category, ie playing with "house money." at this point even if my stack goes to zero the minute i type this i still made out.

now, one can always argue about lost profit opportunity from this point on, buts thats another animal to me.
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