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Question: Jan. 31 Closing Price:
<$3,000 - 9 (11.4%)
$3,000-$3,200 - 2 (2.5%)
$3,200-$3,400 - 8 (10.1%)
$3,400-$3,600 - 11 (13.9%)
$3,600-$3,800 - 6 (7.6%)
$3,800-$4,000 - 7 (8.9%)
$4,000-$4,200 - 10 (12.7%)
$4,200-$4,400 - 5 (6.3%)
$4,400-$4,600 - 1 (1.3%)
$4,600-$4,800 - 2 (2.5%)
$4,800-$5,000 - 2 (2.5%)
>$5,000 - 16 (20.3%)
Total Voters: 79

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20979914 times)
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infofront
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September 07, 2018, 12:54:45 AM
Merited by BobLawblaw (1)

I think we deserve a clarification. Seriously.

I'll let you know on Dec. 31st.  Wink

If BTC hits 6 figures this year, I'll blow everyone in this thread.

Saving this just in case. 

Can we opt out? Pretty please.

No.
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Reply with quote  #2

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Syke
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September 07, 2018, 01:47:29 AM

No.

If that's what it takes for 6-figures ... I begrudgingly accept.
Gab0
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September 07, 2018, 02:00:46 AM
Last edit: September 07, 2018, 02:16:57 AM by Gab0


Almost there!

The pattern of a head and shoulders?




Tell me if I'm wrong ... but according to what I understand, the head and shoulders pattern is used to indicate a change in the trend. In that sense, the pattern indicated on your graph would not be valid.
DireWolfM14
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September 07, 2018, 02:02:08 AM

No.

If that's what it takes for 6-figures ... I begrudgingly accept.

Attaboy, take one for the team.
lightfoot
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I fix broken miners. And make holes in teeth :-)


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September 07, 2018, 02:16:21 AM

I'm sure that by the time he gets to me, he will be a lip smacking pro.
lightfoot
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I fix broken miners. And make holes in teeth :-)


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September 07, 2018, 02:21:40 AM

Hey, it sounds depressing to compare bitcoin to the dot.com bubble. Just saying.

I don't think blockchain has reached the level of ubiquity and mass fomo dot.com reached during that time. No(fucking)where near that level... yet.
While there are some similarities, you have to admit that people who bought Apple and Amazon stock in the 1990s and held are doing well now. Heck, I remember the days of Darwin, when we used to talk about the R value of Apple stock (the insulation value of the stock certificates when crumpled up and stuffed in your walls) as well as the BTU values of Microsoft stock (how much heat it gives when you burn it).

Still funny today.
jbreher
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lose: unfind ... loose: untight


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September 07, 2018, 02:27:03 AM

Exist scam?  Not my buddy Rene Descartes?!  

He must have had help in this exist scam. Perhaps it was coordinated at some point behind the scenes. I think so, at least.
jbreher
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lose: unfind ... loose: untight


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September 07, 2018, 02:38:34 AM

Rick: "How much BTC should I buy ?"
Me: "Ten"
Rick: "Honey, that's sixty-five thousand doll-hairs !"
Me: (raising a curious eyebrow, knowing that's "play-money" to Rick) "Fine. Buy one then."
Rick: "How about three ?"
Me: "Fine. Whatever."

I don't understand the guy lately.

People are strange.

Bah.


You've got 65 grand in fiat? Geez, that's a lot.

Most of my cash is in Bitcoin.

I think I heard that Rick was late to the party.
jbreher
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lose: unfind ... loose: untight


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September 07, 2018, 02:54:10 AM

Has been talking about needing to work for another two quarters beyond his desired retirement date if his stock price doesn't rebound before end of FY19.

Learned a valuable lesson long ago. Having a lot of stock in the company for which you work is putting too many eggs in one basket. Double jeopardy.

Of course if you're bound by golden handcuffs...









As opposed to the leather covered ones, of course.
JayJuanGee
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How much alt coin diversification is needed? 0%?


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September 07, 2018, 02:55:57 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.

Am I setting myself up for unhappy, Rosewater?    Cheesy Cheesy Cheesy    Tongue Tongue
PoolMinor
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September 07, 2018, 03:02:22 AM


Almost there!

The pattern of a head and shoulders?




Tell me if I'm wrong ... but according to what I understand, the head and shoulders pattern is used to indicate a change in the trend. In that sense, the pattern indicated on your graph would not be valid.

This Chart is not mine. 
Original post found here

The reversal indicator is true from the previous inverse H+S from June 11-July 16; in which indicated a (temporary)reversal from the down trend. Remember though, charts only show the past. You can only achieve an educated guess for how the future will turn out. And Bitcoin does not usually follow any sensible logic patterns especially with futures markets in play.
JayJuanGee
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September 07, 2018, 03:03:33 AM

No.

If that's what it takes for 6-figures ... I begrudgingly accept.

Yes... we (WO participants) are all "taking one for the team."   Cheesy

No.

If that's what it takes for 6-figures ... I begrudgingly accept.

Attaboy, take one for the team.

DireWolf beat me, figuratively.

I'm sure that by the time he gets to me, he will be a lip smacking pro.

Yes... surely the fulfillment order will be interesting.... and we might be able to surmise the "favorites" of infofront.    Shocked Shocked
kingcolex
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September 07, 2018, 03:06:58 AM

Just checked the price before bed, at least we moving up albeit slowly but at least fucking up.
PoolMinor
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September 07, 2018, 03:08:44 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.
JayJuanGee
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September 07, 2018, 03:10:25 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.
PoolMinor
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September 07, 2018, 03:15:15 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).
RoomBot
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September 07, 2018, 03:51:41 AM


Buying the dip!

$6200.

Last chance! Ever.

#Bullish

Searing
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September 07, 2018, 04:39:25 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.

We need to go with this 'at least it is f*cking up!' ALISFU, nope.... Alfup...nope Aliup...close... ALFUP...winner!

ALFUP ...i call it....

(probably a common term and not nerdy enough to know such)

elrippos friend
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September 07, 2018, 04:47:45 AM

No public BJ promises made in the WO thread have ever been honored as far as I know. Bitcorn can go as high as we like, and no mouth muscle will be involved.

We need a trustless global BJ system

What colour do you want to use  Shocked Cheesy
JayJuanGee
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September 07, 2018, 04:53:28 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.

I hate to get into another debate with you because from experience, I already know that those can devolve into a kind of "holy shit?" place.

I still believe that the jury is out on this, and to me, an assertion of a kind of another one year consolidation period inevitability seems to be attempt to plug this current BTC price correction into a 2014 pattern - and there is no way that anyone knows the cards about where this current consolidation period is going, exactly (even though some folks have been spouting off those kinds of 2014 analogies since December 2017-ish.  These folks also are not going to know, in advance, at what point such consolidation is going to be over, even though wanna-be BTC price sorcerers are not shy about spouting out such seemingly premature 2014 comparison. 

 Seems to me that the prediction problem becomes even more like guessing in circumstances that wanna-be gurus are attempting to draw a pattern too many months into the future (such as 1 year short-to-medium term?). 

So, in that regard, I certainly do not know or presume another year of BTC price consolidation, even if such a scenario could play out and even if such scenario were to have decent chances of playing out...

I am NOT going to concede such an additional 1 year consolidation period being even close to inevitable, even if hypothetically such scenario could have the greatest odds of being the most likely scenario, which, even if we assume such high likelihood of another year of consolidation, would still likely put such scenario below 40% (even if it were to be the most likely scenario out of various possible scenarios)


For the record I am fine with the price going either direction,

I don't have a problem agreeing with anyone who is attempting to prepare himself for either price direction... That kind of a practice seems to be prudent.


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.
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