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Question: What comes first?
$8,000 - 37 (48.1%)
$10,000 - 40 (51.9%)
Total Voters: 77

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21649316 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. (145 posts by 34 users deleted.)
HI-TEC99
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September 27, 2018, 02:20:56 PM

Looks like we're going down to $6450. Then back up to $6525. Then down to $6460. And up to $6515...and on and on...
What we're mostly concentrating on right now is: what happens once top meets bottom? Where do we break out to?

Perhaps we'll just go sideways for a few more months until everyone has given up posting here. Sometimes Bitcoin is more stable than fiat currencies.
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BTCHadzija
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September 27, 2018, 02:46:12 PM
Merited by jbreher (1)

lmao







I trust this man. go bob go




it's Satoshi's brother
I always got a kick outta watching that white dude with an afro slap paint on a canvas with a 4”wide brush
like it was the side of a house, and have it magically turn into some random cool mountain lake landscape.

here we make no mistakes, only happy accidents
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September 27, 2018, 02:57:47 PM

New into this thread, but probably I'll keep this bookmarked on my way to bitcoin price discussions and etc. and see some helpful replies on the experienced people around here. Probably the most replied thread in the bitcoin forum.
TopTort777
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September 27, 2018, 03:00:26 PM

New into this thread, but probably I'll keep this bookmarked on my way to bitcoin price discussions and etc. and see some helpful replies on the experienced people around here. Probably the most replied thread in the bitcoin forum.

Just click "watch" button and get all the latest crazy posts.
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September 27, 2018, 03:37:26 PM
Last edit: September 27, 2018, 03:48:09 PM by Icygreen
Merited by RejectedBanana (1)

Looks like we're going down to $6450. Then back up to $6525. Then down to $6460. And up to $6515...and on and on...
What we're mostly concentrating on right now is: what happens once top meets bottom? Where do we break out to?

Buy orders set for a down scenario -Check- and moar accumulation happening since 8k-Check.  Cold storage right where I left it- don't need to Check.  
Please sit facing forward and keep your arms and legs inside the coaster at all times.  There is no safety bar on this coaster but you are still required to HODL at all times!  Failing to comply with the rules may result in the loss of your bitcoin coaster privileges.  

  
rhomelmabini
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September 27, 2018, 03:41:58 PM



   

Please go up  ^ and never back down again.  Grin
Icygreen
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September 27, 2018, 03:54:01 PM


   

Please go up  ^ and never back down again.  Grin

bitcoin Speculation goes up and bitcoin Speculation goes down. Enjoy your ride!
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September 27, 2018, 04:34:11 PM

via Imgflip Meme Generator
infofront
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September 27, 2018, 04:43:20 PM

The fuck does their Ipo have to do with a huge reliance on a complete shitcoin that can bankrupt them? Call me confused.

Bitmain has been bcash's life support from the beginning, and they started to run out of bitcoins to support bcash. Going IPO means they're raising more capital, which they'd undoubtfully burn to continue propping up bcash.
I don't know any details about the IPO, but I guess the new stakeholders won't be happy to burn fiat to save bcash. If I were old money, I wouldn't put any "real" old money (fiat) into an enterprise without being granted a reasonable degree of control.

The current bcash pump is just to pump up Bitmain's Q3 balance sheet IMO.
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September 27, 2018, 04:57:23 PM

The fuck does their Ipo have to do with a huge reliance on a complete shitcoin that can bankrupt them? Call me confused.

Bitmain has been bcash's life support from the beginning, and they started to run out of bitcoins to support bcash. Going IPO means they're raising more capital, which they'd undoubtfully burn to continue propping up bcash.
I don't know any details about the IPO, but I guess the new stakeholders won't be happy to burn fiat to save bcash. If I were old money, I wouldn't put any "real" old money (fiat) into an enterprise without being granted a reasonable degree of control.

The current bcash pump is just to pump up Bitmain's Q3 balance sheet IMO.
As Hairy too suggested. And I agree. They can't even hint at burning money to pump bcash long term. Their investors wouldn't like it a single bit.

Furthermore, if I were an investor considering the IPO, one question I would ask would be about their supposedly valuable crypto reserves. How much of that is bcash? If I were an investor who's got a clue, I mean.
goldkingcoiner
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September 27, 2018, 05:12:50 PM

We should make a list of dates for the BCH dump. Or a poll.



Do you guys like Deribit? I only just got into it but the interface is so confusing. I can't set the leverage? Is it always on 100x? Someone explain cross margin and sub accounts to me.
I have never used Deribit, so I don't know about sub accounts. The term "cross margin" usually refers to the fact that your margin (deposited funds) is shared among all open positions, so the actual effective leverage depends on your total margin amount and the total size of all your positions - basically, total_positions/total_margin.

I actually also have my doubts too, as it is only in beta... So I am guessing isolated margins are what the sub accounts are for... And while I hate Bitmex for its shitty overloading and "dox" times when nobody can get to their positions while they get liquidated during a mysterious dump or pump, or the ADL, I still think its the better option right now.

If only they would get better hardware and fix their shitty overloading issues. How hard can that be? Obviously they don't want to.
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September 27, 2018, 05:19:02 PM
Merited by d_eddie (1)

We should make a list of dates for the BCH dump. Or a poll.


October 1 2018 at midnight China time.
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September 27, 2018, 05:20:05 PM

Would someone please chip in a few bucks for the cause and bring us over $6500, please? Thank you.

At $6500, we are ~13% off bottom (@$5775) and ~13% from crossing the daily 200 MA (@$7375).

Purgatory.

Astargath
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September 27, 2018, 05:22:09 PM

Would someone please chip in a few bucks for the cause and bring us over $6500, please? Thank you.

At $6500, we are ~13% off bottom (@$5775) and ~13% from crossing the daily 200 MA (@$7375).

Purgatory.



I'd rather look at the last higher low which is 7429$ on Bitfinex. We have crossed the 200 MA a few times already and it was pretty worthless.
Icygreen
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September 27, 2018, 05:26:09 PM
Last edit: September 27, 2018, 05:38:59 PM by Icygreen

We should make a list of dates for the BCH dump. Or a poll.
Nah, not in this thread anyway but you might suggest it over at r/BTC for the lulz


Do you guys like Deribit? I only just got into it but the interface is so confusing. I can't set the leverage? Is it always on 100x? Someone explain cross margin and sub accounts to me.
I have never used Deribit, so I don't know about sub accounts. The term "cross margin" usually refers to the fact that your margin (deposited funds) is shared among all open positions, so the actual effective leverage depends on your total margin amount and the total size of all your positions - basically, total_positions/total_margin.

I actually also have my doubts too, as it is only in beta... So I am guessing isolated margins are what the sub accounts are for... And while I hate Bitmex for its shitty overloading and "dox" times when nobody can get to their positions while they get liquidated during a mysterious dump or pump, or the ADL, I still think its the better option right now.

If only they would get better hardware and fix their shitty overloading issues. How hard can that be? Obviously they don't want to.

Even the exchanges have no idea where this beast is going on the short term. Down time seems strategically planned for of some of the exchanges.  I used to dabble trade on poloniex until it became obvious to me.  Bitstamp has never gone down on me (and they also don't offer leverage)  but I'm not really here for the short term trading anyway.
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September 27, 2018, 05:31:27 PM
Last edit: September 27, 2018, 05:43:39 PM by bitcoinPsycho

lmao

http://http://

I trust this man. go bob go




it's Satoshi's brother
I always got a kick outta watching that white dude with an afro slap paint on a canvas with a 4”wide brush
like it was the side of a house, and have it magically turn into some random cool mountain lake landscape.

here we make no mistakes, only happy accidents
lol  no coins?
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September 27, 2018, 05:34:11 PM

Austria to Use Ethereum Public Blockchain to Issue $1.35 Bln in Government Bonds

https://cointelegraph.com/news/austria-to-use-ethereum-public-blockchain-to-issue-135-bln-in-government-bonds
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September 27, 2018, 05:46:28 PM

Would someone please chip in a few bucks for the cause and bring us over $6500, please? Thank you.

At $6500, we are ~13% off bottom (@$5775) and ~13% from crossing the daily 200 MA (@$7375).

Purgatory.


I'd rather look at the last higher low which is 7429$ on Bitfinex. We have crossed the 200 MA a few times already and it was pretty worthless.

We may have crossed the 200 EMA but we have not crossed the 200 MA since March. EMAs put too much emphasis on recent data IMO and are agreed of less worth.

In each of the last three cases, if we had reached the previous "higher low", we would have breached the 200 MA. The band is getting narrower and narrower.

Once we do breach, might send a pretty bullish signal.

ps. $6500! Thanks for whoever chipped in.
kingcolex
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September 27, 2018, 05:52:36 PM

Austria to Use Ethereum Public Blockchain to Issue $1.35 Bln in Government Bonds

https://cointelegraph.com/news/austria-to-use-ethereum-public-blockchain-to-issue-135-bln-in-government-bonds
Holyshit well that does at least tell us Ethereum isn't going to just die on the vine. Crypto is definitely here to stay.
Wekkel
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yes


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September 27, 2018, 05:54:31 PM

Where is 200MA now?
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