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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.4%)
No - 72 (62.6%)
Total Voters: 115

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25492348 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. (158 posts by 14 users with 9 merit deleted.)
jonoiv
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November 20, 2018, 08:40:51 PM



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Spaceman_Spiff_Original
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November 20, 2018, 08:41:54 PM

Spaceman how big are youre odds of holding that bottom??

Well it isn't looking pretty right now...
EDIT: still think it has a shot at holding, we'll see.
I guess that question got answered pretty darn fast...   Undecided
goldkingcoiner
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November 20, 2018, 08:44:05 PM

I wish I could add this as my avatar Sad Just now found out animated avatars are not allowed.

eddie13
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BTC or BUST


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November 20, 2018, 08:45:10 PM

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.
xhomerx10
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Go! BTC Go!


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November 20, 2018, 08:45:48 PM

Pie-in-the-sky special.  Orders UP!



avatar-sized



Be careful that image was used from a google search, I think it was not intended for commercial use. I found it for the recently re-ignored user that started using that phrase in recent days.

 I only need be careful not to eat it.

JimboToronto
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November 20, 2018, 08:50:05 PM
Merited by xhomerx10 (2)

-snip-

I'm curious about your user name.

I can clearly see the spoonerism but why is it pluralized?

Is it what you like?  Grin
JayJuanGee
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November 20, 2018, 09:07:21 PM

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.

It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.

After a while, the rejoicing stops as the BTC price continues to fall.  At some point, the price stops falling, too.. and I would rather NOT go through all of that.  I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood..   and purge and purge and purge... .. 

Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.
El duderino_
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November 20, 2018, 09:10:50 PM

Spaceman how big are youre odds of holding that bottom??

Well it isn't looking pretty right now...
EDIT: still think it has a shot at holding, we'll see.
I guess that question got answered pretty darn fast...   Undecided

Yeah that was real damn fast .... at least you got back the avatar ability and a HAT that comes with it
Ludwig Von
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November 20, 2018, 09:13:16 PM

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.

It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.

After a while, the rejoicing stops as the BTC price continues to fall.  At some point, the price stops falling, too.. and I would rather NOT go through all of that.  I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood..   and purge and purge and purge... .. 

Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.

Indeed, no reason to feel glad. I wonder, what is the average margin cost for miners at this moment? And how does that fit in the picture of major miners being involved in the Btrash war?
DeathAngel
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November 20, 2018, 09:14:18 PM
Merited by jojo69 (1)

Dig Bicks is the NotLambChop of this cycle.

I suggest you put him/it on ignore.

kingcolex
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November 20, 2018, 09:16:59 PM

A $400 jump pretty quickly. Wouldn't that be something if it was the actual bottom and not just a tease?
infofront
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November 20, 2018, 09:17:33 PM

The new poll is almost fucked already. This is like last November, just going in reverse.
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November 20, 2018, 09:19:13 PM

The new poll is almost fucked already. This is like last November, just going in reverse.

I was living like a Saudi Prince back then after the bch fork. I was living the high life, now I’m eating pot noodle for my meal Cheesy
JayJuanGee
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November 20, 2018, 09:23:23 PM

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.

It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.

After a while, the rejoicing stops as the BTC price continues to fall.  At some point, the price stops falling, too.. and I would rather NOT go through all of that.  I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood..   and purge and purge and purge... .. 

Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.

Indeed, no reason to feel glad. I wonder, what is the average margin cost for miners at this moment? And how does that fit in the picture of major miners being involved in the Btrash war?


A few days ago, BitMex research had suggested something like $3341 per BTC, and it remains unclear about how they arrived at that number.

https://twitter.com/bitmexresearch?lang=en

I am sure that there is some playing around with BTC hash power, but overall, so far, BTC hashpower has remained pretty stable (and relatively high) through the past few days.

https://www.blockchain.com/charts/hash-rate?timespan=30days
kingcolex
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November 20, 2018, 09:24:58 PM

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.

It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.

After a while, the rejoicing stops as the BTC price continues to fall.  At some point, the price stops falling, too.. and I would rather NOT go through all of that.  I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood..   and purge and purge and purge... .. 

Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.

Indeed, no reason to feel glad. I wonder, what is the average margin cost for miners at this moment? And how does that fit in the picture of major miners being involved in the Btrash war?


A few days ago, BitMex research had suggested something like $3341 per BTC, and it remains unclear about how they arrived at that number.

https://twitter.com/bitmexresearch?lang=en

I am sure that there is some playing around with BTC hash power, but overall, so far, BTC hashpower has remained pretty stable (and relatively high) through the past few days.

https://www.blockchain.com/charts/hash-rate?timespan=30days
Is this where the fucking $3,300 wall number is coming from? I was wondering who was pulling that number and from where.
infofront
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November 20, 2018, 09:26:20 PM
Merited by Wekkel (1), Hueristic (1), yefi (1)

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

Bwahaha. It doesn't happen that easily. We're going to keep grinding lower for months. There will be a few rallies to the upside, just to raise your spirits a little bit. Once you see a glimmer of hope, the Bogdanoffs will sell again and crush it. Rinse and repeat.

It will only end when our spirits have been utterly decimated, and our souls nearly destroyed. This thread will be nothing but tumbleweeds and r0ach posts. That's when you know we're starting to head back up. It will take a few months for anyone to even realize we're in recovery mode. We won't have time to read charts at that point anyway. We'll be too busy tying nooses and working overtime at McDonald's.

Then the bull returns and we get to do it all over again. Choo choo motherfuckers.
PoolMinor
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November 20, 2018, 09:42:12 PM

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

Bwahaha. It doesn't happen that easily. We're going to keep grinding lower for months. There will be a few rallies to the upside, just to raise your spirits a little bit. Once you see a glimmer of hope, the Bogdanoffs will sell again and crush it. Rinse and repeat.

It will only end when our spirits have been utterly decimated, and our souls nearly destroyed. This thread will be nothing but tumbleweeds and r0ach posts. That's when you know we're starting to head back up. It will take a few months for anyone to even realize we're in recovery mode. We won't have time to read charts at that point anyway. We'll be too busy tying nooses and working overtime at McDonald's.

Then the bull returns and we get to do it all over again. Choo choo motherfuckers.

The bottom will be reached between the Ides of March and USA Memorial day (2019).
Kylapoiss
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November 20, 2018, 09:43:39 PM

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.

It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.

After a while, the rejoicing stops as the BTC price continues to fall.  At some point, the price stops falling, too.. and I would rather NOT go through all of that.  I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood..   and purge and purge and purge... .. 

Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.

Not that I'm cheering or anything, but I do believe that altcoins still have at least one more massive rally ahead where bitcoin dominance would see new lows:



I was trying to explain to one bloke that it doesn't matter if you buy 0.1 bitcoin or 100000 of some shitcoin for same amount of money, if it rises 50% the gains will be the same. He firmly believed that his 100000 coins will make him more money, as the numerical value of them is higher. Many know nothing about math, sad.
Ludwig Von
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November 20, 2018, 09:45:01 PM

I'm glad this is happening so it will finally be over and done with.

I think we will have reached our new ATL since the last ATH within a day or 3.

You could be correct that this is going to be over soon (perhaps within a few days), but it remains difficult to be glad about the whole situation.. and we also cannot really rest assured that it is going to be over, either.

It is similar to previous downtrends when posters are rejoicing about falling BTC prices, and they keep rejoicing and the BTC price keeps falling.

After a while, the rejoicing stops as the BTC price continues to fall.  At some point, the price stops falling, too.. and I would rather NOT go through all of that.  I would rather return to UPPITY, even if the shitty alt coins have to come along with us...but it still seems that even though bitcoins are being shook, the alt coins are not shaking enough... and bearwhales can still smell blood..   and purge and purge and purge... .. 

Me thinks that it remains difficult to feel "glad" under such ongoing uncertain circumstances.

Indeed, no reason to feel glad. I wonder, what is the average margin cost for miners at this moment? And how does that fit in the picture of major miners being involved in the Btrash war?


A few days ago, BitMex research had suggested something like $3341 per BTC, and it remains unclear about how they arrived at that number.

https://twitter.com/bitmexresearch?lang=en

I am sure that there is some playing around with BTC hash power, but overall, so far, BTC hashpower has remained pretty stable (and relatively high) through the past few days.

https://www.blockchain.com/charts/hash-rate?timespan=30days
Is this where the fucking $3,300 wall number is coming from? I was wondering who was pulling that number and from where.

So, they are risking their BTC profits for a war in a only losses quest. Strange guys these miners, would Obelix say.
lightfoot
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November 20, 2018, 09:45:15 PM

It's more than 3300. With S9's I would guess it's around 6k a coin at current difficulty. Granted you could ratchet the diff down slowly, but I think they're mining at a loss now to wave dicks. Eventually they will have to pay investors/electric bills/bribes.
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