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May 26, 2019, 11:01:18 AM *
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Question: What year will we achieve a new ATH?
2019 - 43 (28.7%)
2020 - 59 (39.3%)
2021 - 34 (22.7%)
2022 - 8 (5.3%)
2023 - 1 (0.7%)
Never - 5 (3.3%)
Total Voters: 150

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21180622 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. (24 posts by 13 users deleted.)
JSRAW
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May 16, 2019, 04:43:38 AM

~snip~

Call me an age scientist pessimist. 


This debate is philosophical and for some peeps, just waste of time or pure bullshit "read very young and very old " I comes in midway and I want 30 more years of healthy life if I make it on this mark, then I can push 20 more years easily if life doesn't come in a way.

key is "take care of your body when you are young" IMHO.


Note : I just learned today via Google that "FTFY" means "Fixed That For You"  don't laugh Cheesy
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May 16, 2019, 04:50:41 AM

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May 16, 2019, 05:10:49 AM

fillippone
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May 16, 2019, 05:14:19 AM
Last edit: May 16, 2019, 06:17:18 AM by fillippone
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https://twitter.com/awe_andwonder/status/1128840544178843654?s=21



Quote
#Bitcoin is now 7% ABOVE its logarithmic trend. The last two times this happened... (orange dotted line)

Weee!
BRACE yourself!
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May 16, 2019, 05:48:20 AM

1h  snapshot

#dyor
JayJuanGee
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How much alt coin diversification is needed? 0%?


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May 16, 2019, 05:48:23 AM

Why are we entertaining butthurt idiots.

I'm going on a trip soon-ish assuming we break 10k or so. If we do 20+ is sure to follow sooner rather than later. A month or two in thailand, back home to get rid of the apartment and tie up whatever loose ends, another half year in thailand (or possibly elsewhere depending on mood). Either take a break back home or just continue straight on to 1-2 years in south america just seeing the damn place.

And we got roaches and other butthurts saying bitcoin is a scam or worthless or whatever i dont know i dont read their crap.

Speaking of Roach.... He must have gotten it wrong when he said that you, Ibian, was his "sidekick".... hahahahahaha

Otherwise, I agree with your point that there does seem to be some kind of tangible angle to this bitcoin thingie-ma-jiggie.  I have several in-place purchases that I have made to make my life more pleasant, and I am planning some travels too, that are likely going to be of a higher quality of luxury, for me, largely due to this bitcoin thingie-ma-jiggie that I have been playing around with for about 5.5 years... .. and yes, some of mine is going to be international.. but I am still wrapping up some business matters state-side.. and i have made a lot of progress in the past 6 months to cause myself to become a whole hell of a lot more geographically liberated.
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May 16, 2019, 05:54:12 AM

Hey guys, have you seen rebal15, I'm kinda worried. Grin
micgoossens
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Be safe, Elwar and Nadia !!


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May 16, 2019, 07:20:57 AM

Hey guys, have you seen rebal15, I'm kinda worried. Grin

I’m almost for workout now, and wanted to wait till its finished, but just gotta say i’m not gonna miss him in the thread bro

And Nice job HM increase 60% in bearmarket Nice
We WO’s have bals of steal Cheesy

Insert gooood morning gif

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May 16, 2019, 08:09:09 AM

Anyone got any updates on the CSW lawsuit? He was supposed to provide info on the trust trustee etc by now
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May 16, 2019, 08:11:30 AM

Well I'm not going to miss him either, although his single brain cell posts are amusing.

BTW, congratulations on your new status Mic!
I/you/we know I did not support it, but that's just my position on the matter. Genuinely happy for you though.
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May 16, 2019, 08:16:07 AM

Hey guys, have you seen rebal15, I'm kinda worried. Grin
He is on bitfinex when he is not working. Nothing to do on WO when the market is green.
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May 16, 2019, 08:21:25 AM

Hey guys, have you seen rebal15, I'm kinda worried. Grin
He is on bitfinex when he is not working. Nothing to do on WO when the market is green.

He must like losing money... Smiley
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May 16, 2019, 09:02:20 AM

He is on bitfinex when he is not working. Nothing to do on WO when the market is green.

Yet two hours later you answered. Right. Roll Eyes

He must like losing money... Smiley

To loose money would require another brain cell though, so wish him the best. Wink
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May 16, 2019, 09:13:13 AM
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And we got roaches

Oy vey.  It appears the darn price is decreasing again.  This reminds me of the time Lauda rounded up 6 million trannies and placed them all in camps, then brutally, systematically, with machine-like efficiency, misgendered every single one.  She went after the fat ones with bodies like a sack of potatoes  that could never in their wildest dreams pass as female and made comments like "Hey, Ralph.  I see you there, Ralph."  This is why the safe space was invented, because everyone knew it was only a matter of time before another Laudacaust occurred.
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May 16, 2019, 09:41:34 AM

You sound feverish r0achie.
Tell mama to make you a hot cup of tea.
BTC is dead, don't you remember? Roll Eyes
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May 16, 2019, 09:44:15 AM


You guys are some serious chart noobs.  First of all, a chart showing bitcoin going to infinity at a 45 degree angle is obviously not sustainable.  Secondly, even if you make believe it is sustainable and will continue to infinity, your chart DOESN'T show the start of a bull market right now.  It shows each bear market accumulation phase gaining significant length between peaks, as I've highlighted with the yellow squares, so an actual $20k-style pump and dump wouldn't even occur till like late 2021 or early 2022.



Then of course you have the issues such as transaction validators being designed to centralize giving bitcoin zero fundamentals and no reason to exist, and Lightning Network is garbage that just recreates the already existing banking system on-chain, so neither decentralization or scalability have been solved (decentralization is not actually solvable because it's 100% impossible to create a decentralized digital currency).
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May 16, 2019, 10:03:49 AM


You guys are some serious chart noobs.  First of all, a chart showing bitcoin going to infinity at a 45 degree angle is obviously not sustainable.  Secondly, even if you make believe it is sustainable and will continue to infinity, your chart DOESN'T show the start of a bull market right now.  It shows each bear market accumulation phase gaining significant length between peaks, as I've highlighted with the yellow squares, so an actual $20k-style pump and dump wouldn't even occur till like late 2021 or early 2022.



Then of course you have the issues such as transaction validators being designed to centralize giving bitcoin zero fundamentals and no reason to exist, and Lightning Network is garbage that just recreates the already existing banking system on-chain, so neither decentralization or scalability have been solved (decentralization is not actually solvable because it's 100% impossible to create a decentralized digital currency).

I have a mixed feeling: answer of ignore?

I don't know anything about TA, I think is just little more valuable than black magic fuckery.
What I do know it makes perfectly sense  bitcoin going to infinity.
if you observe BTCUSD going to infinity it's not BTC going to the moon, it's USD going south.
Look at BTC/ARS: it went to infinity, of course it wasn't' BTC going anywhere, it was the ARS losing all his value: we are measuring the same distance with a shorter and shorter unit.....


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May 16, 2019, 10:08:11 AM


~ horseshit rambling ~

You've got the squares wrong there - but I guess it's on purpose.
They need to be on the uptrend, not the downtrend.
Also you edited out the rest.

Banana?
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May 16, 2019, 10:12:08 AM

Nope, I got them right.  It was an approximation, but it's right.  There was a significant period of dragging on the lower bound both times before each pump and dump spike, which has not happened here, and each period of dragging on the lower bound extends each time.  Also, if you look at a mining capex chart, the mining appears to be peaking out at the top of an arc.  

The mining capex is probably the more relevant chart than this because it's what determines the price floor.  In other words, the price can't just magically go to $100k without mining also skyrocketing, but there's kinda way too much bitcoin mining already and it's just not really realistic for bitcoin mining to go up by like an order of magnitude to support said price.  Even after one more halving it would probably use as much power as the entire United States if the price went to $100k.  Miners didn't even increase capex in the last pump and dump to $20k (it stayed at $2-3k cost of production) because they knew it was an unsustainable market rigging scam.
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May 16, 2019, 10:23:48 AM

OK, now you are playing dumb.

FTFY:

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