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Question: Closing BTC Price June 17:
$0 - 2 (1.8%)
<$6,500 - 7 (6.1%)
$6,500-$6,750 - 1 (0.9%)
$6,751-$7,000 - 2 (1.8%)
$7,001-$7,250 - 3 (2.6%)
$7,251-$7,500 - 6 (5.3%)
$7,501-$7,750 - 4 (3.5%)
$7,751-$8,000 - 12 (10.5%)
$8,001-$8,250 - 13 (11.4%)
$8,251-$8,500 - 6 (5.3%)
$8,501-$8,750 - 6 (5.3%)
$8,751-$9,000 - 11 (9.6%)
$9,001,$9,250 - 10 (8.8%)
$9,251-$9,500 - 9 (7.9%)
>$9,500 - 15 (13.2%)
$20,000 - 7 (6.1%)
Total Voters: 114

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21223081 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. (64 posts by 15 users deleted.)
micgoossens
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November 25, 2018, 02:20:40 PM

^
Cool HAT Wink

BULL images are needed
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November 25, 2018, 02:22:50 PM

Oh, I am going to do one thing before I sign off for now. Since most people are off work/school today because it’s the weekend, and there should be more people on line than during the week and I have too much merit laying around, the next 5 people to respond to this thread get 30 merit.

Hello there! Cheesy
micgoossens
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November 25, 2018, 02:23:46 PM

^
Haha lol
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November 25, 2018, 02:24:36 PM

^
Cool HAT Wink

BULL images are needed

Oh yeah, changed my hat so we can turn this shitty market sentiment around. I still see my old one though.
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November 25, 2018, 02:36:53 PM

Billions of dollars have been spent on mining facilities and building power sources specifically for the mines.  

And those billions of dollars created a temporary, pseudo cost of production floor of around $3k.  Then after an extended bear market hits, many of them will go bankrupt like KNC did, and the temporary price floor will decrease lower. Best case scenario all miners mine at a loss and buy coins that go below their cost of production (not very plausible but whatever) and $3k floor holds.  Worst case, more plausible scenario, lots of big miners go bankrupt like they've always done and price floor drops to something like $2k, $1k, or lower.

r0ach, your ‘expertise’ really would be much more suited to precious metals forums. Go forth & spread your wings!

You’ve done all you can do here!


I do have to say that meme about me from roach.... the one with me in the Mcdonalds suit... i thought it was hilarious Roll Eyes


Mic, I laughed (in a good way). Hey, not laughing at you, it will be me too Cheesy
I nearly Merited him but decided not to Grin

Oh, I am going to do one thing before I sign off for now. Since most people are off work/school today because it’s the weekend, and there should be more people on line than during the week and I have too much merit laying around, the next 5 people to respond to this thread get 30 merit.

Hello there! Cheesy

Only 7 weeks late bro ha
micgoossens
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November 25, 2018, 02:40:12 PM

Billions of dollars have been spent on mining facilities and building power sources specifically for the mines.  

And those billions of dollars created a temporary, pseudo cost of production floor of around $3k.  Then after an extended bear market hits, many of them will go bankrupt like KNC did, and the temporary price floor will decrease lower. Best case scenario all miners mine at a loss and buy coins that go below their cost of production (not very plausible but whatever) and $3k floor holds.  Worst case, more plausible scenario, lots of big miners go bankrupt like they've always done and price floor drops to something like $2k, $1k, or lower.

r0ach, your ‘expertise’ really would be much more suited to precious metals forums. Go forth & spread your wings!

You’ve done all you can do here!


I do have to say that meme about me from roach.... the one with me in the Mcdonalds suit... i thought it was hilarious Roll Eyes


Mic, I laughed (in a good way). Hey, not laughing at you, it will be me too Cheesy
I nearly Merited him but decided not to Grin

Oh, I am going to do one thing before I sign off for now. Since most people are off work/school today because it’s the weekend, and there should be more people on line than during the week and I have too much merit laying around, the next 5 people to respond to this thread get 30 merit.

Hello there! Cheesy

Only 7 weeks late bro ha
Really understand if you would merit that.... the tattoos the name it was hilarious Wink
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November 25, 2018, 02:42:27 PM

80% down from high, still possible to go further down... just dollar cost average buys, it should work out

Blood on the streets stage approaching and stuff...
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November 25, 2018, 02:57:22 PM
Merited by bones261 (1)

Looks like the scammers at Bitmain are trying to rig the market above their cost of production now.  This is how you get the long, drawn out bear markets.  They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time.  Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to.  If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
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November 25, 2018, 02:57:31 PM

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November 25, 2018, 02:59:41 PM

commiserations to those that sold at the bottom.  

Oh shit... the major!
the colonel will be alright
his bosses will tell him when to act bullish again

I always assumed you were being paid to post here. Hodl memes all the way down.  Roll Eyes
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November 25, 2018, 03:05:41 PM

Looks like the scammers at Bitmain are trying to rig the market above their cost of production now.  This is how you get the long, drawn out bear markets.  They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time.  Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to.  If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.

r0ach, are you currently invested in bitcoin or do you plan to in the future?

Genuine question, just curious. You don’t have to answer but I’m sure that it’s not just me wondering.
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November 25, 2018, 03:10:03 PM

I have some euro in a German bank that I've been too lazy to get out.

I'll buy bitcoins with them if the price hits $3300. That might give me 2 BTC and I can finally close out that account.
micgoossens
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November 25, 2018, 03:12:47 PM

commiserations to those that sold at the bottom.  

Oh shit... the major!
the colonel will be alright
his bosses will tell him when to act bullish again

I always assumed you were being paid to post here. Hodl memes all the way down.  Roll Eyes
Who would ever pay for hodl Posts on a forum ....?
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November 25, 2018, 03:13:24 PM

I have some euro in a German bank that I've been too lazy to get out.

I'll buy bitcoins with them if the price hits $3300. That might give me 2 BTC and I can finally close out that account.

Being greedy works both ways.
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November 25, 2018, 03:14:02 PM

commiserations to those that sold at the bottom.  

Oh shit... the major!
the colonel will be alright
his bosses will tell him when to act bullish again

I always assumed you were being paid to post here. Hodl memes all the way down.  Roll Eyes
Who would ever pay for hodl Posts on a forum ....?


Dumpers don't want people selling on top of them. Trolls work both ways.

But I'm not bitter.
micgoossens
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November 25, 2018, 03:14:14 PM


Spaceman i must say we do not experience a DIP the same Roll Eyes
LFC_Bitcoin
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November 25, 2018, 03:14:30 PM

I have some euro in a German bank that I've been too lazy to get out.

I'll buy bitcoins with them if the price hits $3300. That might give me 2 BTC and I can finally close out that account.

Put it towards a hit man to take out Craig Satoshi Wright, I’ll match it!
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November 25, 2018, 03:14:40 PM

Ok, fourth leg down since 6.4K... this is beyond ridiculous....

And what worries me the most is that I am not hearing panic screams, nor cryings, nor anything. Are we fucking still in denial phase?
There's no denial, you know why? 20K did not happen with a single hand. The nest has been kicked.  All eyes are on entry points.
micgoossens
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November 25, 2018, 03:16:35 PM

commiserations to those that sold at the bottom.  

Oh shit... the major!
the colonel will be alright
his bosses will tell him when to act bullish again

I always assumed you were being paid to post here. Hodl memes all the way down.  Roll Eyes
Who would ever pay for hodl Posts on a forum ....?


Dumpers don't want people selling on top of them. Trolls work both ways.

Dammit who can i pay next time to HODL, and become Richer Then they do instead of selling there best value asset?
Please pay me BTC’s to HODL
That would be living the ultimate dream
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November 25, 2018, 03:17:32 PM
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I really don't believe the fud about hitting 2k, fudsters are out in full force trying to get everyone to dump their coins on the cheap.  I believe bottom was already hit and we will never see those lows again.  There is just too much uncertainty in government currencies for bitcoin not to keep growing.

You under estimate the latitude available to the "price discovery" process.

The market will dump until every last drop of profit is extracted and only die-hard hodlers are left. It's only 20 months since we were at $1k and that level can easily be retested legitimately.

Expect the unexpected.
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