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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 26405925 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.)
rjclarke2000
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November 25, 2018, 04:44:45 PM

The bottom will be somewhere around 10x BCH price

1.6k is to be expected.



So what will Bch be then??
Last of the V8s
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November 25, 2018, 04:45:03 PM
Merited by nutildah (1)

Don't do this

do this

get this
LFC_Bitcoin
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November 25, 2018, 04:46:33 PM

The bottom will be somewhere around 10x BCH price

1.6k is to be expected.

I won't completely rule anything out, but I suspect that we'll never drop below $2k. While we're likely to touch $3k, I think that anything below $3k is upwardly-unstable.

In the absence of some underlying catastrophe, the absolute floor IMO is $700, which is where we were 1.5 years ago. But many of the gains since then were real & fundamental.

Who to trust most regarding price speculation?

I think I’ll go with theymos tbh!
realr0ach
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November 25, 2018, 04:47:43 PM

Interesting comment section.  I've always known the legalese between places like Canada and the UK seemed to imply Canada was not a sovereign nation and that the queen owned all their resources or some nonsense.  So people now speculate 'the queen' is recalling in all the gold from 'her' colonies:

https://www.silverdoctors.com/gold/gold-news/john-adams-has-some-shocking-news-about-australias-gold/

Where does that leave Canada and Australia after currency reset?  I guess it means whoever has the gold makes the rules, both countries will be flat broke, and you're slaves of the UK again (still?) unless you oppose them with superior firepower to take back sovereignty.  UK power projection is probably somewhat laughable nowadays (Falkland Islands anyone?) so pretending this arrangement will hold and the UK or Zio-puppets running Canada and Australia will not be demolished by the people who live there is kind of a joke.
Yaplatu
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November 25, 2018, 04:52:37 PM

^had some doubts initially but now I realize you're an actual piece of shit.


Me ? Cry It's just a joke, sorry ...I will not do it again  Roll Eyes
Hueristic
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November 25, 2018, 04:58:04 PM
Merited by LFC_Bitcoin (1)

Can’t believe this, there’s no real reason for this kind of dumping. Down nearly 40% in a month. At this rate I just don’t know how low we can go.

This is really hard watching your investment turn to shit.

I’m not selling though.

This is obviously the PTB flexing their muscles and making a move. HoneyBadger doesn't care.

Next year at this time it will be all strippers and lines again, for those smart enough to still be here. Smiley

I sold a little in that range but my overall average sell price was somewhere around 6.5k.

That felt terrible when BTC shot up to near 20k right after I sold.
Now not so much.

I am confident the day will come when I feel terrible about selling at that price again.

I just think it will take a little while.

I am there with you but luckily(?) did not have much do to getting rekt 6 months previous from IRL shit. Smiley

Also those Coinbase fuckers stopped my last sell at 17,500 do to KYC so I never got that one in. Smiley
TheCactus
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November 25, 2018, 05:00:31 PM

Next year at this time

Theymos just finished saying the absolute bottom is around $700...

You think you can turn this behemoth around in one year??
kaeltr
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November 25, 2018, 05:00:50 PM

Daily RSI according to bitcoinwisdom is 12.38. Below 30 and with a high of 21.66 for the last 12 days.

Buy now or wait for 3200 forever.

Hueristic
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November 25, 2018, 05:03:07 PM

Next year at this time

Theymos just finished saying the absolute bottom is around $700...

You think you can turn this behemoth around in one year??

It won't be me, the Moneymen steering the ship now can't wait longer than that to profit.

If we hit $700 I'll sell everything including my skivvies and be all in and eating ramen and garbage.
HI-TEC99
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November 25, 2018, 05:05:22 PM

Can’t believe this, there’s no real reason for this kind of dumping. Down nearly 40% in a month. At this rate I just don’t know how low we can go.

This is really hard watching your investment turn to shit.

I’m not selling though.

This is obviously the PTB flexing their muscles and making a move. HoneyBadger doesn't care.

Next year at this time it will be all strippers and lines again. for those smart enough to still be here. Smiley


CoinDesk is saying it's the worst weekly loss since April 2013. However, 8 or 9 months later that year Bitcoin hit a new ATH. You never know what HoneyBadger will do. We might be buying lambos for Xmas presents next year.


https://www.coindesk.com/down-36-bitcoin-price-faces-worst-weekly-loss-since-april-2013
BitBustah
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November 25, 2018, 05:06:14 PM

Looks like a lot of greed in this thread, people waiting to buy in for absurdly low prices that will never be touched again.
TheCactus
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November 25, 2018, 05:09:24 PM

I'm saying my goodbyes. Give me a minute...

bones261
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November 25, 2018, 05:10:29 PM


Doesn't Bitmain mine at 0.05/kwh?  Or possibly even lower with some type of govt subsidized power?  I've never seen anyone claim Bitmain mines with electricity that high.  If Bitmain was mining at 0.08/kwh, then you would have actual mining in the US, and places like KNC wouldn't have gone under.  This would be a great Trump Tariff target...

It is a Trump tarrif target. People now have to pay an additional 25% tarrif on ASICS from Bitmain in the US.

nutildah
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November 25, 2018, 05:23:16 PM
Merited by BobLawblaw (1)

Reading this thread right now is like watching Statler and Waldorf narrate the apocalypse.



Glad to be here.
ninobtcx
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November 25, 2018, 05:28:38 PM

The bottom will be somewhere around 10x BCH price

1.6k is to be expected.

I won't completely rule anything out, but I suspect that we'll never drop below $2k. While we're likely to touch $3k, I think that anything below $3k is upwardly-unstable.

In the absence of some underlying catastrophe, the absolute floor IMO is $700, which is where we were 1.5 years ago. But many of the gains since then were real & fundamental.

Who to trust most regarding price speculation?

I think I’ll go with theymos tbh!

Haha indeed.

Sound analisys by theymos.
Last of the V8s
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November 25, 2018, 05:28:55 PM

Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.
vapourminer
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what is this "brake pedal" you speak of?


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November 25, 2018, 05:29:06 PM

don't you people have jobs to go to?

Who works on a Sunday?

lotta people in medical work every other weekend.
jojo69
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November 25, 2018, 05:31:58 PM
Merited by nutildah (1)

Reading this thread right now is like watching Statler and Waldorf narrate the apocalypse.



Glad to be here.

"It's like a kind of torture...to have to watch this show"
TheCactus
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November 25, 2018, 05:41:03 PM

Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.

If we crash fast enough I might be back. Otherwise, I wish you the best in your many undertakings.
El duderino_
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November 25, 2018, 05:41:18 PM

via Imgflip Meme Generator

via Imgflip Meme Generator

HOPIUM when i’m @ another Hodler place as my own
Love those set ups
My friend doesn’t worried a bit so i’m fine Grin
As always
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