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Question: Price prediction for the May 21 weekly close:
<$20,000 - 7 (8.1%)
$20,000 - $22,000 - 0 (0%)
$22,000 - $24,000 - 2 (2.3%)
$24,000 - $26,000 - 3 (3.5%)
$26,000 - $28,000 - 7 (8.1%)
$28,000 - $30,000 - 12 (14%)
$30,000 - $32,000 - 19 (22.1%)
$32,000 - $34,000 - 8 (9.3%)
$34,000 - $36,000 - 6 (7%)
$36,000 - $38,000 - 3 (3.5%)
$38,000 - $40,000 - 2 (2.3%)
>$40,000 - 17 (19.8%)
Total Voters: 86

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25631726 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. (160 posts by 2 users with 9 merit deleted.)
El duderino_
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October 01, 2018, 08:37:56 PM

What kind of beverages are we drinking tonight, gentlemen? I am currently sipping on a lovely bordeau rouge 2012.

 Bitch. We have an entire wine-fridge filled with the finest Napa Valley vintages available, over the last few decades.

 Rick and I are waiting for Bitcorn to hit above $20k/USD, before I can permanently graduate from beer to cabernet sauvignons.

 Gotta learn to live within your limits, or you're gonna have a bad time.

 Patience, my friend.

 750ml of Screaming Eagle per day sounds like pure Heaven to me.




when talking about beverages and binding things yeah, well....than i just have to post a dude thing  Roll Eyes
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kurious
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October 01, 2018, 08:48:38 PM
Merited by El duderino_ (1)

What kind of beverages are we drinking tonight, gentlemen? I am currently sipping on a lovely bordeau rouge 2012.

 Bitch. We have an entire wine-fridge filled with the finest Napa Valley vintages available, over the last few decades.

 Rick and I are waiting for Bitcorn to hit above $20k/USD, before I can permanently graduate from beer to cabernet sauvignons.

 Gotta learn to live within your limits, or you're gonna have a bad time.

 Patience, my friend.

 750ml of Screaming Eagle per day sounds like pure Heaven to me.




when talking about beverages and binding things yeah, well....than i just have to post a dude thing  Roll Eyes

I was sitting here wondering how long that would take you, mic.   First thing that crossed my mind too.
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October 01, 2018, 08:51:05 PM

Finex gap with Stamp seems wider than usual... 

Over $30 ?

OK, not much, but unusual of late - it's usually been about $5.
Hueristic
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October 01, 2018, 08:51:33 PM

Makes sense to buy a cheap phone just for a trip, with no secret/personal info.

Buy the toughest encryption phone you can and let them spend the time cracking it only to find out it's never been activated. Cheesy

If enough people do this then they will give up.

El duderino_
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October 01, 2018, 08:55:41 PM

^^^
LOL , when lebowski is appropiate to apply then we gotta do it  Roll Eyes
Last of the V8s
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October 01, 2018, 09:03:07 PM


Mood is mostly optimistic here:
https://www.tradingview.com/symbols/BTCUSD/

I had not seen that website before

bro
you must have.
else how do you live?
kurious
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October 01, 2018, 09:11:21 PM

^^^
LOL , when lebowski is appropiate to apply then we gotta do it  Roll Eyes

Of course...  The Dude abides.
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October 01, 2018, 09:18:07 PM

Thanks guys for the congrats and the merits but it's a travesty.
Am totally not worthy to be in the same leagues ('legendary') as some of you. Even jbreher did a good thing once.

Hahahahaha...

It is like jbreher has turned into the Roger Ver of the WO thread.

Even though jbreher pumps the shit out of the bcash nonsense when he gets the opportunity while acting as if he is merely responding rather than raising topics, he still does not seem as loony as Roger Ver, or Craig Wright, yet.  I suppose if he doubles or triples down on bcash and ends up losing a large portion of his accumulated value then he might reach the ballpark of those levels of looney.
El duderino_
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October 01, 2018, 09:28:51 PM

^^^
LOL , when lebowski is appropiate to apply then we gotta do it  Roll Eyes

Of course...  The Dude abides.

yeah all that shit is written on my arm here and there ..... almost feeling of watching the movie right now ..... been to long already
Bitcoinaire
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October 01, 2018, 09:30:08 PM

Whooooa, bitcoin.....
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October 01, 2018, 09:39:59 PM


Never go to New Zealand.

On a separate note, Bitcoin price is cooling down in the 4hr chart but I think support will be found just below the $6,500 level. In other words: the sideways trend continues.

Never travel without your clean "disposable" electronics (laptop/phone). That way you don't even have to worry much about theft or losing em.

In other words, always repurpose your older devices as traveling gear when you do upgrade.

I am thinking that you are not actually carrying crypto on your phone, and if you have access to crypto on your phone, then it would just be small amounts that would not go above capital control requirements of that country... which might be similar around the world in terms of the $10k limit?
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October 01, 2018, 09:57:36 PM
Merited by JayJuanGee (1)

JayJuanGee
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October 01, 2018, 09:58:53 PM


Thanks for the article Hairy...... I cannot recall whether we have had any discussion in this thread about that particular topic, and I remain a bit confused about how much significance the Veem - thingie-ma-jiggy - shows beyond merely providing additional evidence that traditional financial institutions are taking greater and greater stakes in bitcoin related products/services?
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October 01, 2018, 10:08:22 PM

Meanwhile, it seems to me that the green candles are always on larger volume than the red ones. Something is stirring.
HairyMaclairy
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October 01, 2018, 10:11:13 PM

HairyMaclairy
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October 01, 2018, 10:12:41 PM
Merited by JayJuanGee (1)


Thanks for the article Hairy...... I cannot recall whether we have had any discussion in this thread about that particular topic, and I remain a bit confused about how much significance the Veem - thingie-ma-jiggy - shows beyond merely providing additional evidence that traditional financial institutions are taking greater and greater stakes in bitcoin related products/services?

Maybe Wall St is waking up to the fact that private / permissioned DLT ledgers are worthless.  But more likely they just want a finger in every pie. 
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October 01, 2018, 10:14:32 PM

"BTCKING555 (@btcking555) 2m2 minutes ago

Latest from insider Bitmain Q3 results are shaping up much worse than expected. There will be even more massive inventory and crypto write-downs. that in addition to collapsing S9 prices and skyrocketing network difficulty #bitmainipo @HKEXGroup
"

https://twitter.com/btcking555/status/1046828022958116867

EDIT2:


https://twitter.com/btcking555/status/1046830200372318213

............

BTCKING555 @btcking555 (5m5 minutes ago)

There were 3 things propping up BCH: 1) Bitmain exploiting Seller Market forcing customers to buy S9s for BCH 2) Bitmain liquidating its BTC stash to buy BCH 3) Bitmain using its profits. All of the above is gone now: 1) Buyers Market 2) No more BTC 3) Huge Losses. BCH is Doomed!

https://twitter.com/btcking555/status/1046835554514608130

Call me a skeptic.  I have my doubts about whether we can really predict a debilitating downfall of BCH based merely on these speculations... There are a lot of dumb people who buy into other factors, such as "when pump" that can sometimes be self-fulfilling, even if an overall negative trajectory seems to show on the charts.
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October 01, 2018, 10:28:14 PM

[edited out]

We that is the fundamental argument is't it?  I mean you ad-hom calling me a loon is not very effective, but that aside, The choice of the Bitcoin camp is to move mass tx *off* chain.  And segwit allowed that.  The Choice of the BitcoinCash crowd is to have every transaction permanently recorded on the main chain.  I think the layer-2 way is right, and therefore I am glad to see hundreds or thousands of tx/sec to move OFF the blockchain.

Lightning, or something extremely similar, would've been possible without segwit.

A progression towards "crazy bat shit" can be a slow one (I am just using your words here, infofront... so nothing personal).

Actually, I thought that there was a considerable amount of consensus that segwit was a good adoption, and in fact it was adopted with overwhelming consensus.  You realize that reversing segwit would likely require consensus that is in a similar ballpark as the level that caused it to pass.  Accordingly, aren't we barking up the wrong tree in a kind of frivolous pie in the sky manner if we are expecting that segwit is going to be reversed or to whine about segwit being in place because it has become part of bitcoin.. so on a certain level there is a need to just deal with that fact rather than complaining about how bitcoin "could have been better" without segwit.

Your point about lightning network without segwit and other developments without segwit are all fine and dandy observations, and even likely true that lightning network and even very creative innovations in bitcoin could have been accomplished without segwit - yet these seem to be pie in the sky and even whinny talking points because the overwhelming consensus was to pass segwit and seems to continue to be an overwhelming consensus amongst the bitcoin community - so seems a bit counter-productive to hypothesize about what could have been or should have been blah blah blah, because those fantasy scenarios are not even on the table at the moment. 

Furthermore, whining and hypothesizing about a world without segwit in bitcoin seems to merely play on bitcoin attack vector talking points, or altcoin shit coin bitcoin wannabes that are just trying to get a hook on something negative about bitcoin in order to pump their speculation of less than 1% probable FUD spreading scenarios.
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October 01, 2018, 10:39:50 PM

Just bought s'moar. Dollar cost averaging on its way, especially on the way down as someone else has drilled into our collective heads  Grin

I hope my timing is lucky this time around. Not so much for the small advantage of buying slightly cheaper, but as a good start for a year final bull run in bitcoin's best tradition. Every moon climb begins by tackling a hill.

I've had some laddered buy orders sitting around for months going from $5,200 to $3,800, or something like that. Tempted to cancel those and just buy in around current levels, as bull season has begun. I'll likely buy in higher if I see confirmation that the bear trend is over.

Of course, you can tweak your orders at any time; however, I doubt that it hurts having orders that go down the spectrum of possibilities, just in case. 

Largely, since about early February, I have maintained buy orders down to $3k; however, I have tweaked them from time to time, too.  I have also held onto a decent size reserve of funds that are ready to buy down to $1k and even lower, even though I have continued to have considerable doubts about any of those price levels being reached in this particular correction cycle.  Part of the satisfaction of cashing out at higher levels and all the way up to $19k was to be able to adjust and to have a reserve that goes further down the price scale, just in case the BTC price corrects further than expected and longer than expected (which continues to be within the realm of reasonable (even if extreme) possibilities).

Accordingly, I would not completely cancel any of those orders down to $3,800, yet you can tweak them in a couple of ways by changing their size or their increments and/or just pulling some more money from other places in order to buy more around the ballpark of current prices.

Ultimately, the way that you tweak should be to accommodate your own changes in sentiment, yet completely cancelling or taking BIG moves seems to be more of a gambling approach rather than a meaningful attempt at some kind of semblance of sound investment (if bitcoin can be placed into such category with its continued expected extreme volatility potential).
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October 01, 2018, 10:43:43 PM

One of these days... Bang! Zoom! Straight to the Moon!

Not even Jackie Gleason has that much punching power Tongue
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