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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330576 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. (170 posts by 1 users with 9 merit deleted.)
NeuroticFish
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June 04, 2019, 06:22:01 AM

Was $9K the top for a while? Kind of an ugly failure.....and now price has melted back into the previous range. Never a good sign. Maybe it's time to go back to $6K like masterluc was predicting.

Although the timing is not great for my plans, a small correction for refueling is normal.
No need for getting negative because of this. We'll see more "halts" like this until the next ATH, whether it'll be 50k, 100k or more.
The 6k sounds low though. I would not like that. (Although everything is possible.)

It has fallen to 8k Thursday too and returned to ~8700. I'll stay optimistic it'll get back there easily.
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LFC_Bitcoin
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June 04, 2019, 06:22:29 AM
Merited by Majormax (1)

Was $9K the top for a while? Kind of an ugly failure.....and now price has melted back into the previous range. Never a good sign. Maybe it's time to go back to $6K like masterluc was predicting.

I guess it was an expected correction, similar happened during the last cycle in 2015. You can't just keep going up, up, up, up, up without some pull backs. People take profits, all we’re doing is taking a breather.

Nothing to worry about, it’s maybe time to buy the dip.

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June 04, 2019, 06:25:31 AM

I guess it was an expected correction

An "expected correction" doesn't involve Chinese scammers raising the price with ridiculously obvious cliff face rise candles and then the exact same volume being dumped at the top.  Why do shitcoiners try stupidly hard to avoid calling it what it is?  A Chinese pump and dump scam.
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June 04, 2019, 06:30:42 AM

Test of the 30 MA.  Bronze line is 30 MA

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June 04, 2019, 06:33:35 AM

I guess it was an expected correction

An "expected correction" doesn't involve Chinese scammers raising the price with ridiculously obvious cliff face rise candles and then the exact same volume being dumped at the top.  Why do shitcoiners try stupidly hard to avoid calling it what it is?  A Chinese pump and dump scam.

Tha r0ach still doesn’t realise ....! We love tha Chinese pump and dump scam Smiley we all are those Chinese!

That Said the party only 92,110$ away

Only a small % Bitcoin wise....

That Said me crawling out the HODLsleep!
Toxic2040
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June 04, 2019, 06:51:47 AM

I guess it was an expected correction

An "expected correction" doesn't involve Chinese scammers raising the price with ridiculously obvious cliff face rise candles and then the exact same volume being dumped at the top.  Why do shitcoiners try stupidly hard to avoid calling it what it is?  A Chinese pump and dump scam.

Tha r0ach still doesn’t realise ....! We love tha Chinese pump and dump scam Smiley we all are those Chinese!

That Said the party only 92,110$ away

Only a small % Bitcoin wise....

That Said me crawling out the HODLsleep!

nothing to see here.




----
good mornin goose.
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June 04, 2019, 06:56:30 AM

Low prices cause demand destruction if the only use case was speculation. Just saying...

All the world’s silver has a lower market cap than XRP.   LOL. 



http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

 
In my children's lifetimes ... Silver will be to worthless to try and use as a store of value.   There will simply be too much of it.   Already silver has lots of issues as a store of value.  Gold probably as more time left than silver as a store of value.   (Not that is really used for that anymore.)  
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June 04, 2019, 07:18:02 AM

I guess it was an expected correction

An "expected correction" doesn't involve Chinese scammers raising the price with ridiculously obvious cliff face rise candles and then the exact same volume being dumped at the top.  Why do shitcoiners try stupidly hard to avoid calling it what it is?  A Chinese pump and dump scam.

Tha r0ach still doesn’t realise ....! We love tha Chinese pump and dump scam Smiley we all are those Chinese!

That Said the party only 92,110$ away

Only a small % Bitcoin wise....

That Said me crawling out the HODLsleep!

nothing to see here.




----
good mornin goose.

Good then morning routine as usual when on a trip, sunny coffee time Roll Eyes
StartupAnalyst
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June 04, 2019, 07:19:09 AM

Good morning, WO`s Gang! Cheesy

A little bit about BTC and rock climbing... Roll Eyes

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June 04, 2019, 07:23:31 AM

I would probably go running nude in the middle of the traffic screaming doom!

And you wouldn't normally do this kind of thing?  Roll Eyes
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June 04, 2019, 07:38:30 AM

and that's just the most recent outbreak, there was a larger discussion on it about two weeks ago when the story first came out


My mistake, I missed it. Thanks for pointing out. Don't hesitate to point out in case I am repeating the same silly mistake; I know you won't. hehe

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I'm a dick, I know

Well, I can't argue with that too. you are always right, and most of the time you are spot on. Grin
Phil_S
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June 04, 2019, 07:41:27 AM

I know I am not the first one to point out the following lines.  I'm pretty sure Hairy has had some very similar doodling, perhaps others as well, so I am not claiming authorship here, but I want to point out to any Wall Observers that have failed to notice the apparent influence of these;

Yeah, it's great for long term. I've been following that trend for years:

https://bitcointalk.org/index.php?topic=178336.msg51148717#msg51148717

My support line connects 2015.10.01 and 2016.10.01 as both were quiet, low price/low volume days.
El duderino_
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June 04, 2019, 07:42:05 AM

BTC= so undervalued!
LFC_Bitcoin
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June 04, 2019, 07:48:54 AM

I guess it was an expected correction

An "expected correction" doesn't involve Chinese scammers raising the price with ridiculously obvious cliff face rise candles and then the exact same volume being dumped at the top.  Why do shitcoiners try stupidly hard to avoid calling it what it is?  A Chinese pump and dump scam.

Tha r0ach still doesn’t realise ....! We love tha Chinese pump and dump scam Smiley we all are those Chinese!

That Said the party only 92,110$ away

Only a small % Bitcoin wise....

That Said me crawling out the HODLsleep!

We discussed the r0ach at dinner with our girls before the game on Saturday. I don’t think he would like to know what we said about him Smiley
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June 04, 2019, 07:54:42 AM
Merited by LFC_Bitcoin (1)

I guess it was an expected correction

An "expected correction" doesn't involve Chinese scammers raising the price with ridiculously obvious cliff face rise candles and then the exact same volume being dumped at the top.  Why do shitcoiners try stupidly hard to avoid calling it what it is?  A Chinese pump and dump scam.

Tha r0ach still doesn’t realise ....! We love tha Chinese pump and dump scam Smiley we all are those Chinese!

That Said the party only 92,110$ away

Only a small % Bitcoin wise....

That Said me crawling out the HODLsleep!

We discussed the r0ach at dinner with our girls before the game on Saturday. I don’t think he would like to know what we said about him Smiley

So Mr r0ach is now household name Cheesy how many WO members talk about another member at dinner time? My guess is 0 .

But Mr r0ach is exceptional case.
ProfTP
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June 04, 2019, 08:01:03 AM

7770

 that would be an awesome new higher low for Bitcoin
Majormax
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June 04, 2019, 08:13:55 AM
Merited by LFC_Bitcoin (1)

Was $9K the top for a while? Kind of an ugly failure.....and now price has melted back into the previous range. Never a good sign. Maybe it's time to go back to $6K like masterluc was predicting.

I guess it was an expected correction, similar happened during the last cycle in 2015. You can't just keep going up, up, up, up, up without some pull backs. People take profits, all we’re doing is taking a breather.

Nothing to worry about, it’s maybe time to buy the dip.



Entirely as expected.  There were a lot of long positions and bullishness around (probably still are). Needs time and work to consolidate. A few months between 6.5 and 8.5k would not be surprising, and actually quite a positive.

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June 04, 2019, 08:22:24 AM

The correction here will provide a good test. If 6.2k holds, and the range stays above 7k, that's a relatively small retrace for the move.

Only a break of 6k would be bad news . Timeframe July/Sep.  In the short run, a return above 8k is likely before any deeper dip.
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June 04, 2019, 09:21:33 AM

Peter Schiff is a Jew so you can trust him about as far as you can throw him, but if there's one thing he's correct about he said a long time ago that as soon as the fed gives up the phony rate hike act and goes back to cutting again that metals are going to start their climb to the moon and never look back.  It took a LOT LONGER for that to happen than most people thought it would, but it has now happened.
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June 04, 2019, 09:31:22 AM

Facts are simple and facts are straight
Facts are lazy and facts are late
Facts all come with points of view
Facts don't do what I want them to
Facts just twist the truth around
Facts are living turned inside out
Facts are getting the best of them
Facts are nothing on the face of things
Facts don't stain the furniture
Facts go out and slam the door
Facts are written all over your face
Facts continue to change their shape

Reported for plagiarism. (j/k)

I know its from a more obscure title by the Talking Heads.
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