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Question: What happens first:
New ATH - 42 (71.2%)
<$60,000 - 17 (28.8%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26354875 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.)
jonoiv
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May 12, 2019, 03:50:52 PM

fuck it im buying back !
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May 12, 2019, 03:51:16 PM


Still waiting SEC - 16 may
VanEck SolidX Bitcoin Trust - 21 may

This might be your news Lambie
(thanks Roman!)
They usually announce the delay for these ETFs a few days early.
SEC insiders buying to dump tomorrow night...?

So VanEck SolidX gets approval Monday Cheesy

20K by July 4th if so.

This action is v. powerful so likely some news in market yes. Well-timed news no less with the golden crosses and other technical breakpoints being well-primed for uppity action. But news has to be big to cause this, like what?

I'm suspicious rep. Sherman's bill is some kind of shot across the bow based on insider knowledge of some big news that bad for USD and good for crypto also. A medium to major cental bank is buying btc, Iran? BAKKT is coming on line next week? Fidelity news is big but not this big. JPMorgan annoucing btc trading desk?

I think the US-China trade war intensifying last week is a factor. The affects RMB devaluation and trillions in Chinese hot money trying to find ways out of the country.

@Marcus - wow great point.  Didnt think of that at first glance, but thats exactly what those snakes would want. That is exactly the kind of thing a scumbag would do and of course his banker puppetmasters would have the inside scoop if that kind of news is indeed coming out. He did bring it up seemingly out of the blue, but puppets like that always have a scheduled gameplan and agenda.

@spiderbrain- yes, it seems like everything Trump does ends up being good for Bitcoin. Jawboning the fed to stop rate hikes and QT, increasing the deficit with massive military increases and giving the dems a blank check for all their insanity, and pushing for more "infrastructure" spending, putting Bitcoin friendly people in SEC and Whitehouse, forcing China's stock market to tank so they print more money etc, and of course leading a personal pump campaign on the stock market like the world has never seen which gives us a major risk on environment that is fantastic for Bitcoin.

Interesting when I looked at the similar July pump in 2015 on WO a lot of the chatter and speculation back then was about the Greek Debt deal crisis pumping the price. Of course now we know in hindsight it was just a early bull market test pump followed by a massive dump. Will history repeat. Probably imo, but ya never know.

I just closed my leveraged longs at 7200 but am of course still almost all in on the long term hodl coins. Gonna be a popcorn filled summer.  Cheesy

Oh boy, looks like I closed those leveraged longs on Kraken just in time. I have some very nice fiat profits  to buy some more long term hodl coin when the price looks attractive again. Guess some tarded Tyler followers bought 7580 and are hodling the bag now. Man that pamp was fun. Good for Bitcoin to flex those new bull market muscles and let everyone know that he can double the price whenever he wants.

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May 12, 2019, 03:52:31 PM

Man that pamp was fun. Good for Bitcoin to flex those new bull market muscles and let everyone know that he can double the price whenever he wants.
He?  Shocked
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May 12, 2019, 03:52:48 PM
Last edit: May 12, 2019, 04:54:03 PM by jojo69

No early celebration. No celebration yet.

This rise is too sudden, this smells manipulation.


you must be new he....


oh never mind
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May 12, 2019, 03:54:52 PM
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May 12, 2019, 03:56:41 PM

Man that pamp was fun. Good for Bitcoin to flex those new bull market muscles and let everyone know that he can double the price whenever he wants.
He?  Shocked

Well its a Bull Market after all, not a Cow market Grin
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May 12, 2019, 04:02:43 PM

Nah, it is not even a correction. In the last crazy 24 hours the pump was so fierce that the bid books became too thin. Even a small market sell could do 5-6% damage from the top. Now it is time for some sideways consolidation preferably above $7K. Capture and hodl, capture and hodl... all the way to the moon  Grin
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May 12, 2019, 04:03:58 PM
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On the bright side of things we need to get a small number of 25-30ish percent corrections under our belt as we march to 100k, so if we get the first one here then that is some serious progress. Really looking forward to the crash from 25k to 17.5k Cheesy
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May 12, 2019, 04:07:05 PM

OMG!

teh crash

is bitcoin dead?
bluff from bitcoin to is haters,soon we will see the rise on the prices.
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May 12, 2019, 04:29:27 PM


LoL BTC do not stop dumping i thing stop dumping when $5k range i'm not sure just my opinion becauses many tradersare now going sleep Smiley     
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May 12, 2019, 04:35:54 PM
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On the bright side of things we need to get a small number of 25-30ish percent corrections under our belt as we march to 100k, so if we get the first one here then that is some serious progress. Really looking forward to the crash from 25k to 17.5k Cheesy

25-30% from 7400 is around 5000.  

There may be some good support at 6k, but if that fails then 5k is a good level to build from. Time is in some ways more important than price.  Support levels are created through trade and time spent at a particular level.

I am hopeful that 6k will hold, but 5k would not be so bad. Although I don't trade, I would think it prudent for those who took profits at ~7300 to buy at least half back when it gets to 6300.
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May 12, 2019, 04:42:51 PM




https://www.uprr.com/newsinfo/graphics/media_kit/steam/4014/lustig_4014-18.jpg


https://www.railwayage.com/wp-content/uploads/2019/05/UP-Big-Boy-stats.jpg
[snip]

@jojo69

You like big toys. Cheesy

Out of curiosity, I've searched for information about the locomotive UP 4014 (Union Pacific).
It's a monster, seeing it live has to be a spectacle.



Indeed

I really feel that the this restoration's unveiling is a poetic metaphor for the real kickoff of this bull run.

Let it too be the largest ever.
jojo69
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May 12, 2019, 04:46:30 PM

Fuck Kraken


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jojo69
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May 12, 2019, 04:49:02 PM

call your mother if you want to call!  Grin

this post would have earned a smerit
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May 12, 2019, 04:53:20 PM

A 30% correction will put the price back to 5k. BTFD.


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May 12, 2019, 04:59:52 PM

About time for Gembitz and roach to show up  Grin 3,2,1...
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May 12, 2019, 05:02:16 PM

On the bright side of things we need to get a small number of 25-30ish percent corrections under our belt as we march to 100k, so if we get the first one here then that is some serious progress. Really looking forward to the crash from 25k to 17.5k Cheesy

25-30% from 7400 is around 5000.  

There may be some good support at 6k, but if that fails then 5k is a good level to build from. Time is in some ways more important than price.  Support levels are created through trade and time spent at a particular level.

I am hopeful that 6k will hold, but 5k would not be so bad. Although I don't trade, I would think it prudent for those who took profits at ~7300 to buy at least half back when it gets to 6300.


I also think, rollback to 6400, then the assault of the level of 8200 and 10 000.
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May 12, 2019, 05:05:24 PM

On the bright side of things we need to get a small number of 25-30ish percent corrections under our belt as we march to 100k, so if we get the first one here then that is some serious progress. Really looking forward to the crash from 25k to 17.5k Cheesy

25-30% from 7400 is around 5000.  

There may be some good support at 6k, but if that fails then 5k is a good level to build from. Time is in some ways more important than price.  Support levels are created through trade and time spent at a particular level.

I am hopeful that 6k will hold, but 5k would not be so bad. Although I don't trade, I would think it prudent for those who took profits at ~7300 to buy at least half back when it gets to 6300.


I also think, rollback to 6400, then the assault of the level of 8200 and 10 000.


^
Then
.....
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May 12, 2019, 05:14:59 PM

$3 million Bitfinex wall chewed up and spat out. Any rational reason why Bitfinex led the charge and now is lagging behind?

I think this is an organic rally driven by small buyers.  And they aren’t the sort of people who would wire their funds to Bitfinex to buy.  Bitfinex is a whale playground.

Isn't Bitfinex still closed to U.S. residents? If this is driven by money from the U.S., it would make sense that Bitfinex was lagging.
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May 12, 2019, 05:15:08 PM

Good AM Bitcoinland.

It seems $7k is offering much more resistance than the supposedly strong $6k. After breezing through $7k all the way past $7.5k it hit a wall and has corrected all the way back down under $6.9k... currently $6923USD/$9292CAD (Bitcoinaverage).

This correction is not only welcome but overdue. No one wants to see the price gallop away and explode. Let's keep a sustainable level of growth. It seems I was posting the same thing for much of 2017. It was when it ran rampant in December of that year that it led to the bubble and burst. It's so much better to have a sustained series of strong rises intermingled with sharp corrections.

Still, it was nice to see the price briefly hit 5 digits in CAD, especially for those who bought coins when the price was in double digits. Some day in the not too distant future when the price hits 6 digits, people who bought in triple digits will feel the same way.

Go Bitcoin go.


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