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Question: New ATH today?
Yes - 35 (79.5%)
No - 9 (20.5%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25464994 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. (157 posts by 13+ users deleted.)
alevlaslo
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December 11, 2018, 02:25:15 PM

"bitcoin will not be cheaper than $149, it is necessary to buy now!" 
https://forum.bits.media/index.php?/topic/952-%D0%BA%D1%83%D1%80%D1%81-bitcoin/&do=findComment&comment=224424
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BTCMILLIONAIRE
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December 11, 2018, 02:33:20 PM
Merited by Totscha (2), VB1001 (1)

Yeah, everyone is dismissing this option and only considering the 'new ATH in 2021', because the last cycle was 4 years long.

Just like they all KNEW that there will be a new ATH at the end of 2014, because 'historicaly the cycles repeat every 7-9 months'...

Wasn't April 2013 largely a Gox mirage? They certainly finished it off single handedly. I rarely see it referred to any more.

Wasn't Dec 2017 largely just a Finex/Tether mirage? Wink
You.... You... Don't say that.

I was just trying to point out that there's a manipulation explanation for every single ATH bubble we've had so far... I don't think it's the whole story, but it's certainly a part of if.

Don't forget, Nov 2013 was just 'Willy Bot' going crazy Wink
My hunch is that "manipulation" exists to the extent that it pushes the technicals that are most likely over the edge. E.g. if the indicators say sell-off or rally due, there's some twats paying off mass media and cooking the books to push us over the edge. I don't see them actually shifting anything in a direction that wouldn't naturally be possible. Craig for example always seems to announce his horseshit when a market move is due anyways, and then tries to take credit for that. Anything other than that could (and thus probably would) lead whales to cuck each other out of their coins and fiat.
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December 11, 2018, 02:37:13 PM

https://youtu.be/AjnM2shYIrM What is a Bitcoin?
Bitcoin Poet Published on Nov 21, 2010
The first bitcoin video on that youtube (via https://twitter.com/yassineARK/status/1072263014844428288 )
Some excellent points there and in his later works:


gembitz
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December 11, 2018, 02:37:29 PM



I'm just here for the beer.

bitcoin tommy gun ~ shut down the icos !! Wink weeeee
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December 11, 2018, 02:41:11 PM

...
My hunch is that "manipulation" exists to the extent that it pushes the technicals that are most likely over the edge. E.g. if the indicators say sell-off or rally due, there's some twats paying off mass media and cooking the books to push us over the edge. I don't see them actually shifting anything in a direction that wouldn't naturally be possible. Craig for example always seems to announce his horseshit when a market move is due anyways, and then tries to take credit for that. Anything other than that could (and thus probably would) lead whales to cuck each other out of their coins and fiat.

Exactly! But you said it way better than I ever could Wink
empowering
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December 11, 2018, 02:42:43 PM

Volume profiles across multiple time frames for some insight into deeper market structure/support and resistance











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December 11, 2018, 02:49:44 PM

Why are we still here? Bitcoin is dead.
Torque
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December 11, 2018, 02:55:35 PM
Merited by vapourminer (1)

...
My hunch is that "manipulation" exists to the extent that it pushes the technicals that are most likely over the edge. E.g. if the indicators say sell-off or rally due, there's some twats paying off mass media and cooking the books to push us over the edge. I don't see them actually shifting anything in a direction that wouldn't naturally be possible. Craig for example always seems to announce his horseshit when a market move is due anyways, and then tries to take credit for that. Anything other than that could (and thus probably would) lead whales to cuck each other out of their coins and fiat.

Exactly! But you said it way better than I ever could Wink

Yep agreed. It's all trading based almost purely on technicals, and all the algo bots react accordingly. But because the market is so thin, the whales can control the technicals to some extent. The market is being shorted and pushed down right now to stay in a bear market, to keep a rally from happening prematurely based on technicals. Until they want it to, again.

Average Joe retail participation has always been extremely low in the Bitcoin market, probably not more that like 5% of the total buying/selling activity. Certainly not even close to what either pushes up the market massively, or sells down the market massively. That's why it is so cringey to me to hear people say things like "People are massively FOMO buying!!" during bull runs, or "People are massively selling!!" during bear markets. No, "people" aren't. Neither price moves have anything to do with the <5% of Average Joes retail participation.... not even close.

 
Totscha
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December 11, 2018, 02:57:31 PM

Why are we still here? Bitcoin is dead.

Sentimental reasons mainly... Just letting off some steam before we go apply for welfare...
kingcolex
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December 11, 2018, 02:57:38 PM

When Bart? I want my lunch money!
Totscha
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December 11, 2018, 03:02:31 PM

When Bart? I want my lunch money!

A 30 bar Bart on the daily? That would be nice Smiley
d_eddie
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December 11, 2018, 03:04:09 PM

I've been waiting for a nice little bart for 24 hours more or less.
LFC_Bitcoin
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One of the world's leading Bitcoin-powered casinos


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December 11, 2018, 03:05:11 PM

Why are we still here? Bitcoin is dead.

Sentimental reasons mainly... Just letting off some steam before we go apply for welfare...

We can have the WO party in a McDonald’s & play cards for our 1 cent valued bitcoin’s next year Wink
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December 11, 2018, 03:12:17 PM

Why are we still here? Bitcoin is dead.

Sentimental reasons mainly... Just letting off some steam before we go apply for welfare...

I'm here for the dick eating and nothing else.

Getting hungry.
bitserve
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December 11, 2018, 03:13:06 PM

Why are we still here? Bitcoin is dead.

Sentimental reasons mainly... Just letting off some steam before we go apply for welfare...

We can have the WO party in a McDonald’s & play cards for our 1 cent valued bitcoin’s next year Wink

Good idea. That way we can use employee discount!
kingcolex
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December 11, 2018, 03:13:59 PM

Ooooo Gemini just released a mobile app, that should make this trading at work easier.

What's this 3340 fucking barrier btw
gembitz
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December 11, 2018, 03:16:54 PM

Why are we still here? Bitcoin is dead.


waiting for $999 then i buy all your corns Wink weeee
gembitz
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December 11, 2018, 03:17:58 PM

Why are we still here? Bitcoin is dead.

Sentimental reasons mainly... Just letting off some steam before we go apply for welfare...

I'm here for the dick eating and nothing else.

Getting hungry.

spotted dick or moby ? Smiley lel
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December 11, 2018, 03:21:16 PM

Why are we still here? Bitcoin is dead.


waiting for $999 then i buy all your corns Wink weeee
Quite the aggressive buy, might be similar to someone waiting to sell at $50k when 20k was rearing her head.
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December 11, 2018, 03:21:20 PM

Why are we still here? Bitcoin is dead.

Sentimental reasons mainly... Just letting off some steam before we go apply for welfare...

I'm here for the dick eating and nothing else.

Getting hungry.

If you are a Bangkok prostitute (you really sound like one) I have a good and a bad news for you.

The bad news is that you will need to wait until 2020.

The good news is here: https://twitter.com/officialmcafee/status/1071395711244267525

Quote
John McAfee @officialmcafee

If the worst comes and  I lose my Bitcoin bet (keep in mind I promised to eat my dick. The cutting it off first was added by the media), I will probably subcontract the task to a relay team of Bangkok prostitutes with instructions to carry out the task slowly, finishing as I exit
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