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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25497806 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. (158 posts by 14 users with 9 merit deleted.)
Dakustaking76
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May 12, 2019, 11:33:36 AM

Nooooooo my love dont go down Shocked

Up is the wayyyyyyy
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FractalUniverse
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May 12, 2019, 11:34:18 AM

That's the reason I suspect there must be a problem in the wiring of his brain... It's not sadness, it's stupidity...
he is not stupid, just stubborn. It may take few more years before he gets back into bitcoin again  Smiley
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May 12, 2019, 11:35:44 AM

this roach guy must be the saddest person on this forum seriously.
he must have sold at 500$ or even lower to accumulate more but couldnt get in again.
i wonder how he was feelin when it hit 20k.or yet how he will feel when it hits 40k. (which is inevitable)

really feelin sorry for him.there r hundreds of thousands like him;just waitng to get in if bitcoin ever hits 1k Smiley
the saddest part is they will wait for 500$ even if hits 1k Smiley means they can never get in.

The saddest part is, he could have simply used BTC to buy gold or silver if he wanted to. If he had taken advantage of the 2016-17 pumps, he would have ended up with so much gold/silver! That's the reason I suspect there must be a problem in the wiring of his brain... It's not sadness, it's stupidity...

That makes me think he has NOTHING! He probably had some gold/silver and also some bitcoin but lost it due to poor management, poor trading skills and lack of business insight.
encycrypto
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May 12, 2019, 12:10:03 PM


I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.
kingcolex
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May 12, 2019, 12:17:09 PM


I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.
shit I thought bitmex did true fiat trading. I never have used bitmex and never have given it much attention.
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May 12, 2019, 12:25:24 PM
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Nah they don’t trade fiat or Bitcoin.  It’s all bets on XBT which is their paper bitcoin tied to the bitcoin price by a complicated formula
kingcolex
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May 12, 2019, 12:30:51 PM

Nah they don’t trade fiat or Bitcoin.  It’s all bets on XBT which is their paper bitcoin tied to the bitcoin price by a complicated formula
Well fuck them sounds like a big ole shit pile.
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May 12, 2019, 12:34:17 PM

Hahaha that’s about correct.

They make it really easy to use leverage on longing or shorting so that makes it appealing.  But it is a home of deep fuckery and the volume and order books are completely fake and their in-house trading team is front running trades.  Hard work to consistently make a profit there.  
encycrypto
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May 12, 2019, 12:37:05 PM


I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.
shit I thought bitmex did true fiat trading. I never have used bitmex and never have given it much attention.

There are only two big players in crypto: BitFinex/Tether and Binance. Both are currently facing problems. Let's hope that things are getting better behind the scenes with these two.  Roll Eyes

Bitmex and others don't even come close.
kingcolex
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May 12, 2019, 12:42:13 PM


I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.
shit I thought bitmex did true fiat trading. I never have used bitmex and never have given it much attention.

There are only two big players in crypto: BitFinex/Tether and Binance. Both are currently facing problems. Let's hope that things are getting better behind the scenes with these two.  Roll Eyes

Bitmex and others don't even come close.
Well hopefully the withdrawals start tomorrow or Tuesday and binance is back to normal.
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May 12, 2019, 12:47:04 PM

Nooooooo my love dont go down Shocked

Up is the wayyyyyyy

the FIAT is emptied on the exchanges because of the weekend. all Buyers need more FIAT which will flood in at the earliest on Monday and the Sellers want to withdraw the FIAT or transfer it to other exchanges.
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May 12, 2019, 12:51:15 PM

Do time and day of this bull run tell us anything about the most likely immediate cause?
It looks like the price has been drifting up slowing until it hit 6k, which then moved into a feedback loop of short position liquidation and day trader FOMO. At some point all the short sellers will be dead and then the FOMO will flip.

Without paying a lot of attention, to me it seems the price drifts and then rallies strongly before the candle closes which is consistent with US evening trading.  

Combined with Coinbase price leadership, makes me think this is a US retail led rally.  Genuine organic demand.
That's the kind of answer I was looking for. But isn't it weird on a weekend?
Gyrsur
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May 12, 2019, 12:55:10 PM
Last edit: May 12, 2019, 01:06:47 PM by Gyrsur
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I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.

every exchange does market making to provide liquidity to the market. there is no possibility to differ between market making (by the exchange itself or other market making parties) and the "real" volume by clients of the exchange. only the exchange itself knows the real figures.

EDIT: the so called "wash trading" or "fake volume" on the exchanges is in fact market making which provides liquidity to Buyers and Sellers. but the Noobs don't really understand how the business is working and start to blame the exchanges.
d_eddie
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May 12, 2019, 01:00:29 PM

this roach guy must be the saddest person on this forum seriously.
he must have sold at 500$ or even lower to accumulate more but couldnt get in again.
i wonder how he was feelin when it hit 20k.or yet how he will feel when it hits 40k. (which is inevitable)

really feelin sorry for him.there r hundreds of thousands like him;just waitng to get in if bitcoin ever hits 1k Smiley
the saddest part is they will wait for 500$ even if hits 1k Smiley means they can never get in.

The saddest part is, he could have simply used BTC to buy gold or silver if he wanted to. If he had taken advantage of the 2016-17 pumps, he would have ended up with so much gold/silver! That's the reason I suspect there must be a problem in the wiring of his brain... It's not sadness, it's stupidity...
I think it's actually a huge joke on us. The Roach isn't who we think he is.
kingcolex
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May 12, 2019, 01:02:19 PM


I think Bitmex only trades derivatives, so it can't be considered as the real trading volume.

every exchange does market making to provide liquidity to the market. there is no possibility to differ between market making (by the exchange itself or other market making parties) and the "real" volume by clients of the exchange. only the exchange itself knows the real figures.
So unverified and to be taken at their word since we don't know the real volume. The exact opposite of Bitcoin.
AlcoHoDL
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May 12, 2019, 01:03:00 PM

this roach guy must be the saddest person on this forum seriously.
he must have sold at 500$ or even lower to accumulate more but couldnt get in again.
i wonder how he was feelin when it hit 20k.or yet how he will feel when it hits 40k. (which is inevitable)

really feelin sorry for him.there r hundreds of thousands like him;just waitng to get in if bitcoin ever hits 1k Smiley
the saddest part is they will wait for 500$ even if hits 1k Smiley means they can never get in.

The saddest part is, he could have simply used BTC to buy gold or silver if he wanted to. If he had taken advantage of the 2016-17 pumps, he would have ended up with so much gold/silver! That's the reason I suspect there must be a problem in the wiring of his brain... It's not sadness, it's stupidity...
I think it's actually a huge joke on us. The Roach isn't who we think he is.

This may well be very true...

He may be sitting on a few thousand BTC and having fun on all of us!
El duderino_
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May 12, 2019, 01:03:10 PM



r0ach @ younger age perhaps?
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May 12, 2019, 01:04:04 PM

I have serious Hat Envy. Hard to keep up with the HODLers.
Go, BTC, Go!
I hope everyone else traded their free stellar lumens for BTC when it was around $5K and XLM was at 12 cents.
I did, and now BTC is over $6K, XLM is 9 cents, LOL.
Thanks for the free pump, XLM!

Free lumens? I didn't know it was distributed based off btc?

I think it only was for BTC on Kraken....
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May 12, 2019, 01:06:08 PM

happy mothers day  Cheesy

Yeah, but its not the real one Roll Eyes
kingcolex
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May 12, 2019, 01:06:43 PM

I have serious Hat Envy. Hard to keep up with the HODLers.
Go, BTC, Go!
I hope everyone else traded their free stellar lumens for BTC when it was around $5K and XLM was at 12 cents.
I did, and now BTC is over $6K, XLM is 9 cents, LOL.
Thanks for the free pump, XLM!

Free lumens? I didn't know it was distributed based off btc?

I think it only was for BTC on Kraken....
Fuck Kraken, again during the last rush trying to get verified was a fucking joke. My photo ID with my holding it and a not with my signature and date in the other hand . Two weeks to verify and it always came back as something happened on their end until after the rush. Fuck those guys.
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