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Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22426416 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. (148 posts by 37 users deleted.)
JayJuanGee
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November 15, 2018, 11:55:57 PM

Same problem as always.

Long term the price of 5,5k is still VERY good.

But if you bought at the end of last year (or even this year) this does not help you very much ....

Who gives a shit about those people hypothetical people you are describing if they are so dumb to FOMO invest and then take no further action.. and just sit and whine.. whoa is me?

Individuals need to figure out a longer term plan rather than just pumping in a bunch of money and expecting richie in a short period of time thereafter. 

That's part of the secret and part of the taking of personal responsibility over your own investment strategies and actions including how much you invest and when and other related management and maintenance strategies.

We should all be concerned about those types of people, mainly because they will be the ones that will be buying our coins when BTC goes above $100k. So yes, be concerned about more FOMO individuals during the next ATH rise and above. Don't be concerned that they lost money by buying high and selling at a loss, but be there to buy their cheap coins take them off of their weak hands.

Of course, there are some people out there who are begging for their money to be taken from them.  I doubt that phenomenon is going away any time soon.

After a lot of the hoopla.. and even proclamations that bitcoin is mature, we continue to have less than 1% of world adoption of BTC - and likely even if we expand such study into other cryptos, so there surely is a lot of dumb money out there that will engage in a lot of dumb buying and selling actions.

I don't mind being concerned about them in a kind of help them to get better way, but some folks seem to want to get caught up in either protecting such folks or suggesting that they were damaged in some kind of way because of bitcoin's price performance, which is far from the truth especially when referring to market movements that are in the realm of extreme expectations - especially in an early stages market (we are no where near mature), and there is no fraud or anything like that going on in terms of market momentum dynamics.  So peeps who bet wrong, are just gonna have to suffer or perhaps attempt to learn better strategies.
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El duderino_
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November 16, 2018, 12:00:39 AM

Now you say something

I Will go into the HODLcave and call it a night
The misses is there already  Grin
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November 16, 2018, 12:09:23 AM

As for metals supply, metal supply in practice is just arbing excess energy in the form of mostly diesel petro.  If you've looked at any energy quants lately, you would notice western civilization has peaked in energy output for many years now, and we're also entering thermodynamic collapse of oil extraction from taking all the low hanging fruit first.  Meaning even if you only used 1/2 the world's oil and there's still 1/2 left, it's still possible for the energy cost to extract the rest to be higher than what you'd get from it making it unfeasible and pointless.

In other words, expect continuously shrinking metals production since available energy is decreasing/peaked, while gold and silver grams per ton of earth sifted is shrinking insanely fast at the same time.  I forget the latest timespan, but I think it was something like needing to move twice as many tons of earth to get the same amount of metals in only 8-10 years or so.  And you didn't think metals had halvings.  Metals actually have double halvings because shrinking energy supply is cumulative with shrinking quantity per ton of earth.
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November 16, 2018, 12:15:17 AM





https://m.youtube.com/watch?v=YmnjWpSrzzE

meh this holland guy also suggest 4.8-4.9K  "podyx thought about 30-ish pages back"   didn't remember jjg reaction on 4.8 ( already been damn close to there"

if its been asked to me.... i would say this is a nice bottom we have right here BUT F*** i don't count for that so just keep cruising on the waves and following the narratives of my little friend BTC, just time to grow again Roll Eyes

let me enter my HODLcave in piece its not that long anymore before i go there Roll Eyes

I find it hard to keep track too, and certain BTC price moves (such as breaking our previous $5,774 support), definitely clear the way for the challenging of lower areas of support.

I think, like a lot of others, I was hinging a lot of my thinking about the lower possibilities of how far the BTC price will go or is expected to go based on the extent of the bluffing in the Bcash hardfork, including whether there was some BIG ASS bluff about even carrying out the hardfork, at all.  Surely, I am glad the hardfork actually went through because postponing or not following through with the bcash hardfork would have just drug out the uncertainty for a much longer period and likely would have been even more negative for BTC and increasing the likelihood of breaking additional areas of support in the $5k arena and lower.

Currently, with the actual deployment of the bcash "upgrade" and the fork, there is likely to be a considerable amount of relief that allows BTC prices to return to UPwards - but surely we can never really downplay any manipulators desires to continue to attempt to push BTC prices down as much as possible and for them to attempt to take advantage of the support break that has already occurred at $5774.

Anyhow, I may as well repeat here that I tend to suck when it comes to predicting anything beyond perhaps making an attempt at one leg, but even then if you can get me much off of a 50/50 prediction, then I am feeling confident.. so I am a bit more inclined towards BTC UP, now... at least getting us back to the $6,500 territory in the coming week or so...

There still could be some uncertainties regarding whether any of the bcash scumballs have any more surprises to throw into the loop or perhaps if there could be some other FUD that could come out soon in order to attempt to take advantage of our current sub $5,774 price territory... that could also decently go away in the coming hours, perhaps?
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November 16, 2018, 12:18:47 AM

It is interesting how close to a BTC difficulty change the BCH fork and hash battle is occurring however. Provocative.

Yes.  What a coincidence.  Go figure.

Even more provocative - ABC seems to be kept alive due to a black_hat/white_knight act of Roger. He has redirected 4 EHash of power on the Bitcoin.com pool from BTC to BCH.

Spicy!

Who would not have expected various kinds of movement like this of the hashing power? 

Doesn't really seem too interesting to me, and surely Roger is missing out on some actual BTC (I mean something that is worth something) that he could be earning.  Poor lily thingilie!!
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November 16, 2018, 12:22:24 AM

^^^
So short for 6500 next week in your opinion do remember it was thursday
Everybody was gentle to you





i do remember stfu jjg’s on thursday ..... just a Joke e ..... i hope as well to see us going UP and i do share your thought on predicting is the most difficult of all in BTC
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November 16, 2018, 12:39:40 AM

^^^
So short for 6500 next week in your opinion

I don't short, but I am not afraid to sell on the way up.

At this point, I had some buy orders fill down to about $5,200, so I have to play around a bit and perform a bit of math in my head in order to figure out how I want to structure the incremental sells.. how much and how frequently.  Currently, I have sell orders starting in the $5,700s. 

Surely, the system works, even though many of us who are largely HODLing recognize that variations of whatever formula that we attempt to play does contain a built in preference for UP.. and surely, my own variation tends to buy more BTC than I sell, and therefore my amount of BTC should be higher than it was on the fourth or fifth time that we pass through $10k as compared with the first time that we passed through $10k (which is hopefully coming, but even having to wait a couple more years to pass thorugh $10k is acceptable, even if it is not the preferred outcome).


do remember it was thursday
Everybody was gentle to you

i do remember stfu jjg’s on thursday ..... just a Joke e .....

Surely, tards are going to tard, so just have to cross one bridge at a time, if peeps believe it is helpful to them or our thread conversation to focus themselves or the thread in that direction.  My response, if any, will depend on context.


i hope as well to see us going UP and i do share your thought on predicting is the most difficult of all in BTC

I don't know if predicting the future about BTC is more difficult than predicting the future about other things, but of course, the more that any of us knows about a topic, and about how to filter relevant and material from nonrelevant and nonmaterial, then of course, our ideas about the future of the topic (such as bitcoin prices) will likely become more solid.
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November 16, 2018, 12:41:16 AM

I mean’t all the text was short for .... back to 6500-ish next week i your opinion Roll Eyes

Last of the V8s
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November 16, 2018, 12:57:50 AM

https://youtu.be/7AxUEddRS1E bcash memes
v
https://www.youtube.com/watch?v=M7cvzMjAWjs btc memes
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November 16, 2018, 01:20:37 AM

So happy I got paid today to buy more DIP!

HairyMaclairy
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November 16, 2018, 01:23:13 AM

JayJuanGee
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November 16, 2018, 01:28:25 AM

I mean’t all the text was short for .... back to 6500-ish next week i your opinion Roll Eyes

Oh?  I misread what you said.  

I think that it is difficult to summarize something like a prediction from me, in the context that I am putting the prediction down to a sentence or two, because I don't tend to frame predictions like that.  

In essence, I am currently asserting that we seem to have greater than 50% odds of going up from here - perhaps that could take us all the way to $6,500 which seems a decent resistance point, but I have no idea about whether momentum will take us all the way up to that $6,500 point, because we could go down first.  

Anyhow, one of the reasons why $6,500 seems so reasonable, in terms of a possible resistance point is because we were recently knocking at its door about a week ago, and just before a lot of the recent bcash uncertainties.   Furthermore, there has not really been any negative BTC specific news recently, while we have the likely going live of the BAKKT on 12/12.... which ultimately should be causing upwards BTC price pressures.

Even saying all that, a turd in the direction, and significant movement in the downward direction could throw things, and none of us knows if there is some BIG banker or someone else who wants to throw a few thousand BTC in the down direction to see whether BTC can absorb it.  So, I doubt that I am even saying that odds are greater than 50% that BTC prices are going to $6,500 within a week, even if I am saying that going to $6,500 within a week seems amongst the best of the scenarios based on current information... but maybe by the time we add them all up, that particular scenario might only amount to 35% (even though it is still the best one).  

Edit:    I forgot to mention this lingering USD tether difference that Hairy refers to from time to time and even pointed out it to be increasing.. so yeah, it has bounced between about $50 and $250, and currently such difference is floating around $150.  I would feel a bit more comfortable if the difference was on the lower end, because having such a considerable difference does seem to add to uncertainty regarding how various exchanges are performing and factors that can spark off pumps or dumps that are sometimes basd on phoney factors rather than more organic price movement, which would be more bullish, overall.
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November 16, 2018, 01:52:14 AM

The moon is so close I can touch it.

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November 16, 2018, 02:11:55 AM
Merited by JayJuanGee (1)

As I was expecting, anyone who bought BCH for the fork is getting dumped on. $384 and likely to make an ATL soon.
Guess someone's gotta hold the bags, smh
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November 16, 2018, 02:24:07 AM

It is interesting how close to a BTC difficulty change the BCH fork and hash battle is occurring however. Provocative.

Yes.  What a coincidence.  Go figure.

Even more provocative - ABC seems to be kept alive due to a black_hat/white_knight act of Roger. He has redirected 4 EHash of power on the Bitcoin.com pool from BTC to BCH.

Spicy!

Wait, are you trying to tell me that CSW's whole plan relied on Roger sitting by idly looking at his pool mining BTC while all of his work and savings in Bcash are destroyed because there wasn't enough hash to support Bcash? Seriously? Plz tell me you can come up with something better, i'll even take "This was his plan all along and he's just trying to outspend ABC long term" at least that'd be something, but don't try to feed me this BS! You're gonna get fired if you don't pick up your game  Angry
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November 16, 2018, 02:38:44 AM

As I was expecting, anyone who bought BCH for the fork is getting dumped on. $384 and likely to make an ATL soon.
Guess someone's gotta hold the bags, smh

The pump funds had to come from somewhere? Maybe it was artificial and the bitches over at the BCH teams recouped their funds via btc dumping?
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November 16, 2018, 03:00:34 AM

It is interesting how close to a BTC difficulty change the BCH fork and hash battle is occurring however. Provocative.

Yes.  What a coincidence.  Go figure.

Even more provocative - ABC seems to be kept alive due to a black_hat/white_knight act of Roger. He has redirected 4 EHash of power on the Bitcoin.com pool from BTC to BCH.

Spicy!

Wait, are you trying to tell me that CSW's whole plan relied on Roger sitting by idly looking at his pool mining BTC while all of his work and savings in Bcash are destroyed because there wasn't enough hash to support Bcash?

Of course not, silly. I'm merely forwarding actual information not yet entered into discourse here. What is _your_ contribution?

Though an autocratic redirection of BTC pool power without assent of all participants is kind of interesting in its own right.

More info in the Bitcoin Cash thread.
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November 16, 2018, 03:14:23 AM

It is interesting how close to a BTC difficulty change the BCH fork and hash battle is occurring however. Provocative.

Yes.  What a coincidence.  Go figure.

Even more provocative - ABC seems to be kept alive due to a black_hat/white_knight act of Roger. He has redirected 4 EHash of power on the Bitcoin.com pool from BTC to BCH.

Spicy!

Wait, are you trying to tell me that CSW's whole plan relied on Roger sitting by idly looking at his pool mining BTC while all of his work and savings in Bcash are destroyed because there wasn't enough hash to support Bcash?

Of course not, silly. I'm merely forwarding actual information not yet entered into discourse here. What is _your_ contribution?

Though an autocratic redirection of BTC pool power without assent of all participants is kind of interesting in its own right.

More info in the Bitcoin Cash thread.

 Easily justifiable if babies are dying.
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November 16, 2018, 03:25:37 AM
Merited by BobLawblaw (2)

Jesus Christ Jay

shut    the    fuck     up

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November 16, 2018, 03:38:48 AM

I closed my final bch short and I'm done playing with bch. Got a slight loss just at the end, but an overall 50% profit on my play money. Thank you, forkers. Do it again next Xmas, will you?

I also closed the short position on btc. Not even my standing historical long, redder than ever before, can take my gains away now: it's already accounted for. I'm considering defending this result with one more short, tight stop. Should 4000 show its ugly face, I'll collect enough on the way down to make up for extra losses on the long. Otherwise I'll gladly pay the stop loss tax on the short.

EDIT Found a pretty Easter egg: the number 1337 shows up as "leet" in the post count.  :-)
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