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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26403229 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. (174 posts by 3 users with 9 merit deleted.)
Last of the V8s
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November 25, 2018, 12:23:44 AM

If this isn't capitulation, I dont know what is
...
Thousand dollar down 1 hour candle with massive volume.
rafanadal
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November 25, 2018, 12:26:26 AM

There is no guarantee, but the 2017 bubble can't be the final bubble, specially now that bitcoin is a household name, and institutions are ready to embrace crypto.
rafanadal
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November 25, 2018, 12:28:53 AM

The jews aren't giving up on their dream of a digital global currency that easy  Grin
realr0ach
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November 25, 2018, 12:29:08 AM

Thousand dollar down

The hodl meme killed you.  There's a bunch of Chinese conmen sitting around in a room looking at each other going:  "Ah, sumting wong, I want pump and dump more but army of HODL people ready to dump on me.  So sad.  I guess I get job dumping toxic waste off coast of Africa".
qwizzie
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November 25, 2018, 12:30:20 AM

The next 8 hours should be interesting. I suspect a drop to the lower 3K
babanana
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November 25, 2018, 12:34:08 AM

The next 8 hours should be interesting. I suspect a drop to the lower 3K

Then the more reason to buy. If it goes back to 6k you double your money.
There is risk in buying but take that risk as grown man's wisdom.
El duderino_
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November 25, 2018, 12:41:46 AM

gonna sleep through the rest

into the HODLcave----> initiate accumulationCAVE tomorrow

sleep tight keep on to your precious COINS
HI-TEC99
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November 25, 2018, 12:42:15 AM

The next 8 hours should be interesting. I suspect a drop to the lower 3K

Then the more reason to buy. If it goes back to 6k you double your money.
There is risk in buying but take that risk as grown man's wisdom.

As soon as the banks open people will start wiring money to exchanges. The best/lowest prices will probably be at the weekend. Get your discounted black Friday/Sunday Bitcoins while you can.
yefi
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November 25, 2018, 12:44:08 AM
Merited by BobLawblaw (1)

The next 8 hours should be interesting. I suspect a drop to the lower 3K

There'll be too many bids around 3K and sellers are going to be fatigued now. Time for the quintessential bitcoin relief rally methinks.
babanana
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November 25, 2018, 12:45:20 AM

gonna sleep through the rest

into the HODLcave----> initiate accumulationCAVE tomorrow

sleep tight keep on to your precious COINS

I gonna try steal some manipulators bitcoin. After that I will go to my own HODLcave.
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November 25, 2018, 12:49:50 AM
Merited by sammy007 (50)

I'd like to thank everyone for attending the Winklevoss exit pump.  If you've enjoyed yourselves, please tune in next year for the Riccardo Spagni exit pump as well.
bones261
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November 25, 2018, 12:55:52 AM

For inspiration.

Quote from: GameKyuubi
I type d that tyitle twice because I knew it was wrong the first time.  Still wrong.  w/e.  GF's out at a lesbian bar, BTC crashing WHY AM I HOLDING? I'LL TELL YOU WHY.  It's because I'm a bad trader and I KNOW I'M A BAD TRADER.  Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.  Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY'RE DOING buy back in but you know what?  I'm not part of that group.  When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~!  Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT.  NO SHIT I SHOULD HAVE SOLD.  I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU.  You only sell in a bear market if you are a good day trader or an illusioned noob.  The people inbetween hold.  In a zero-sum game such as this, traders can only take your money if you sell.

so i've had some whiskey
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)

https://bitcointalk.org/index.php?topic=375643.0
Majormax
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November 25, 2018, 12:56:10 AM
Merited by BobLawblaw (1)

If this isn't capitulation, I dont know what is
...
Thousand dollar down 1 hour candle with massive volume.

Now its getting into the range I was guessing at back in January.  

Assuming that BTC is going to survive as the dominant crypto (which I guess is axiomatic for everyone on WO thread) 3k must be near the low for this wave. If its 2k handle, then that is not such a long way off.

Any hodlers that can stand 3k , can stand 2k, they have been through the downwave. The tough bit now is going to be the long wait (and it will be long) before the next real upwave.

Was only a few weeks ago posters were declaring 6400 as the support. Now we would be fortunate to see that level again before the end of next year.
jonemil24
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imagine me


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November 25, 2018, 12:59:11 AM

Looks like Stan Lee's fans are not yet done weeping. Who's Craig, BTW?
Ludwig Von
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November 25, 2018, 01:11:30 AM

Owow, now BTC back in the MSN in Belgium...  First time after the end of year ATH when all kind experts came to explain about (d)angerous speculative bubbles and tulips (which are by the way a multi billion business ever since that infameaous event). Now they take a "We told you" stance. Funny. No NOT funny.
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November 25, 2018, 01:16:17 AM

gonna sleep through the rest

into the HODLcave----> initiate accumulationCAVE tomorrow

sleep tight keep on to your precious COINS


There is a bit of tension in these assertions - especially if you assert that the vast majority of your BTC is gotten through gambling winnings - which suggests a cost basis approaching zero, perhaps, so then when you supposedly accumulate more BTC based on bargain prices, then you are paying way more than your basis .. and perhaps using fiat from what?  sold BTC or other means?

You don't need to answer... just a bit of tension in your framework that might be difficult to comprehend for more regular peeps who have other means of accumulating, maintaining, buying and selling their lilie BTCs. .. including motivations that inspire human emotional reactions to their stash's performance.
goldkingcoiner
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November 25, 2018, 01:23:58 AM
Merited by BinaryReign (1)





come on man if you gotta have to say something, do it here, and if your account is stolen i'm not the guy to write to.....

go buy some coins and stop wasting my drunk time

already home @the mean time and in need for some hero movie ....

infinity wars again or so maybe the big lebowski who knows Grin
Remembering Mt.Gox makes you an old timer now? Oh shit boys we ancient.
QuestionAuthority
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November 25, 2018, 01:39:12 AM

Too much negativity in this thread for me and I’m a huge pessimist.


Quote
In order to take that price drop seriously, you have to think of the major players secured by Bitcoin over the last year, including Dish Network, Dell Computers, PayPal, Expedia.com, Bloomberg LP and others. Are those not epic votes of confidence? They are not in Bitcoin for the long-term? You have to think that those mainstream players are fairweather friends that would run from Bitcoin based on its price versus the dollar. That Bitcoin has not proven it’s inherent value by attracting these major players as business partners. In other words, you have to be the type of person that looks for every cloud in the sky to not see that Bitcoin is here for the long-term...

In closing, no one said Bitcoin hitting the mainstream would be smooth or easy. Bitcoin is going through some growing pains. But I needn’t go through history to show you how so many of today’s staples have gone through bumps in the road only to come clean out on the other side, stronger than ever. There is too much money invested, too much technology available, too many built-in advantages, and too much corporate and global interest to stop Bitcoin at this point. The Network Effect. Bitcoin must go through this awkward stage, like a pubescent teenager who has outgrown his clothes from last year, before it can mature and become what you expect it to be. Last year, it went from Kid Currency to grown adult, married with children, with no stops in between. Then the market corrected it. And now, the Dollar is having it’s day in the sun. And here we are. This too shall pass.

https://www.ccn.com/bitcoin-price-drop-really-good-news/
infofront (OP)
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November 25, 2018, 01:46:10 AM
Merited by jojo69 (1), bones261 (1)

Yikes. I haven't been able to peer into this thread much over the long holiday weekend. I see the trolls have been out in full force though.
Deletions Incoming
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November 25, 2018, 01:47:32 AM

If this isn't capitulation, I dont know what is
...
Thousand dollar down 1 hour candle with massive volume.

Now its getting into the range I was guessing at back in January.  

Assuming that BTC is going to survive as the dominant crypto (which I guess is axiomatic for everyone on WO thread) 3k must be near the low for this wave. If its 2k handle, then that is not such a long way off.

Any hodlers that can stand 3k , can stand 2k, they have been through the downwave. The tough bit now is going to be the long wait (and it will be long) before the next real upwave.

Was only a few weeks ago posters were declaring 6400 as the support. Now we would be fortunate to see that level again before the end of next year.

Majormax... I cannot remember your BTC trades since January or so, and maybe you have not described them recently, but I am thinking that an update could be in order or helpful, especially since a lot of market responses can evolve a bit, and most of us don't do absolutley nothing (even though some of us might).

Since this BTC thingie-ma-jiggie seems to be kind of going in the direction that you anticipated (or at least the most likely scenario from your view), did you trade in terms of your predictions .. in some kind of ballpark of selling some BTC towards the top, and buying some BTC back at various increments along the way down?  

Perhaps some of us could become more depressed if we hear too good of a story coming from you, but if you can provide a bit of a descriptor of your various buying, selling, trading actions (and tweaks along the way) that could be educational.. at least in terms of showing what actions you had taken and any mistakes that you might have made, too, besides just saying what you had expected.

 If you did not make any mistakes, then that would be surprising, too.

Also, for instance, if you were to own absolutely no coins (which I don't think has been the case for you), then the weight of your various price predictions would NOT carry much weight or amount to very much because you had not put any kind of stake (or skin) into what you had thought might be the most likely scenario to happen.. so if you had not made any bets, would you agree that your predictions would have been a kind of "so what?", and you happened to kind of get it the direction right (so far).  

I think similarly, if you owned a bunch of BTC at some price point below an average price per BTC of $1k, but you did not anticipate the price going below your buy price, but you did not take any actions at all, then similarly, your predictions would not carry much weight in those kinds of BTC inaction circumstances, either, Am I right?

I am open to be shown to be wrong in terms of how much weight should be given to attempting to act upon any predictions that we make, and I know a lot of people (especially no coiners) make predictions without having any meaningful stake beyond theoretical.
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