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Question: Nov. 18 closing price:
<$35,000 - 4 (9.1%)
$35,000-$35,500 - 1 (2.3%)
$35,500-$36,000 - 4 (9.1%)
$36,000-$36,500 - 4 (9.1%)
$36,500-$37,000 - 4 (9.1%)
$37,000-$37,500 - 3 (6.8%)
$37,500-$38,000 - 4 (9.1%)
$38,000-$38,500 - 5 (11.4%)
$38,500-$39,000 - 2 (4.5%)
$39,000-$39,500 - 1 (2.3%)
$39,500-$40,000 - 0 (0%)
>$40,000 - 12 (27.3%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26311433 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.)
SuperTA
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August 26, 2019, 08:55:31 AM

BTC is following gold too much lately. Doesn't that bother you guys? I miss the days where bitcoin was moving independently, freely. Now gold goes up 1%, btc follows with 5%. Maybe it really became digital gold, digital
Store of value...

That's a good thing when the financial crisis is around the corner. That means that investors are seeking the safe haven, in this case gold and bitcoin. Also bitcoin outperforming gold is a good thing too. So it doesn't bother me in occasions like this. Maybe it would bother me in a different times. But now we should be happy and excited  Smiley
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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mindrust
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August 26, 2019, 09:09:47 AM
Last edit: August 26, 2019, 10:12:11 AM by mindrust

BTC is following gold too much lately. Doesn't that bother you guys? I miss the days where bitcoin was moving independently, freely. Now gold goes up 1%, btc follows with 5%. Maybe it really became digital gold, digital
Store of value...

That's a good thing when the financial crisis is around the corner. That means that investors are seeking the safe haven, in this case gold and bitcoin. Also bitcoin outperforming gold is a good thing too. So it doesn't bother me in occasions like this. Maybe it would bother me in a different times. But now we should be happy and excited  Smiley

I have no problem with that as long as btc keeps its own price/supply/demand dynamics. (Like halvening, bear/consolidation/bull cycles etc...) If it is going to follow gold and gold only, then we will have a problem.
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August 26, 2019, 09:15:53 AM



Quote
Bitcoin's realized cap finally hit $100b!

https://twitter.com/nic__carter/status/1165822410542723072
ivomm
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August 26, 2019, 09:19:01 AM



https://twitter.com/MustStopMurad/status/1165381843698561024

Their predictions sometimes go on the wrong side, but in these closures of triangles in different cycles the direction seems accurate.

BTCullish.
I agree that in the last 2 months we may had a falling wedge. But it looks more like an extended floor from the ladder pattern which has formed since April. The last similar floor was from 14 May to 10 June. Even in 2017 we had a similar boring 2 months sideways period in the Summer. There were numerous upward attempts who were suffocated by  the low volume and several n00bs who play between Bitstamp and Bitmex. Their play can't continue indefinitely. The market will revive soon and they will be left behind with their insignificant profits. A research shows that over 80% of the BTC addresses currently have profit. This means that the people sitting on a profit right now are way above that. Since in every game the winners take the money from the losers, guess who are the losers!  Grin It is funny to read newbies posts how they predicted that pump to 10300 and the drop to 10 000. Mmmkay, play with it. But the day is approaching when there will be no more drops and we will resume the climbing with another leg reaching the ultra hot zone of the previous ATH. This will be a major sign that Bitcoin can't be stopped and whatever price it reached before, one day it will be reached again and surpassed!
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August 26, 2019, 09:32:58 AM

JSRAW
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August 26, 2019, 10:06:43 AM

~Snip~
Ben bloody Stokes
Welcome back V8

So you were keeping an eye on The Ashes   Roll Eyes

The game was ripper quite tbh, no one in their right mind expected England to win the game after a humiliating collapse in the first inning. But Stokes single-handedly won the game for England. Some Aussie still crying over LBW decision.  Grin
El duderino_
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August 26, 2019, 10:24:18 AM

https://twitter.com/jackkennedy/status/1165629624497377281?s=21

^
Would this be a good morning ritual??
Lambie Slayer
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August 26, 2019, 10:48:08 AM

https://www.cnbc.com/2019/08/26/g7-donald-trump-says-china-ready-to-negotiate-on-trade-war.html

"China rip you off on trade" one minute, then "China ready to have fair trade w you", then right back to reality which is "Fooled you! China rip you off again" is the new China banning and unbanning Bitcoin games they used to play.

The average retail investor stockboyz are about to get a lesson over the next year or two on what dirty liars the Chinese govy boyz are.
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August 26, 2019, 10:54:11 AM

Incoming Legendhairy.
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August 26, 2019, 11:13:56 AM

About time I'd say, but he might have to wait for some more activity.
THX 1138
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August 26, 2019, 11:22:42 AM

Relaying a reply:

Quote from: Shelby Moore

This is what I'm seeing on BTC dominance graph:



Seriously, IF this breaks down, go get some alts to further increase your BTC stash.

Hahahahahaha

It would not be very smart to be trading based on that kind of information or even deciding whether or not to play around with shitcoins based on that kind of information.

Hmmmm...mmmm....mmmmm... Not even with 10% of your BTC stash?

Certainly not if the current trend is due to the death of alts, which is a distinct possibility.

I presume you intended to imply that BSV isn’t an altRoll Eyes

Let the ’backsplaining ensue…




While Trump is crying a river over bitcoin, a small european country accepts it to buy shares:

https://www.reuters.com/article/us-belarus-cryptocurrency/belarus-allows-traders-to-buy-shares-with-bitcoin-idUSKCN1P91VZ

As time passes, nation-states will see the value of bitcoin and will adopt it. No FUD will stop the flood.

So I should hodl Bitcoin even though no one else in the world will accept it as payment for anything because I can buy shares in Belarus. :rotflmao:

Dude get in touch with the concept called reality.




Its good to see that bitcoin is winning over sex in the pool.

Can't believe sex got that many votes. It is overrated. Gets boring pretty quickly imo.

It’s not the sex act they’re voting for. Rather it’s an idol. Actually both choices in the poll are idols. It’s all about coveting, feeling smug, haughty, and being jealous and insatiable.

Quote
4 Thou shalt not make unto thee any graven image, or any likeness [of any thing] that [is] in heaven above, or that [is] in the earth beneath, or that [is] in the water under the earth: 5 Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God [am] a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth [generation] of them that hate me; 6 And shewing mercy unto thousands of them that love me, and keep my commandments — Exodus 20:4-6 (KJV)

mindrust
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August 26, 2019, 11:46:42 AM
Merited by Raja_MBZ (1)

Relaying a reply:



shelby moore, iamnotback, another psycho forum troll.

relay your mom if you want to relay.

Ignored.
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August 26, 2019, 12:32:09 PM
Merited by El duderino_ (2), Lambie Slayer (1), VB1001 (1)

Mother of all bull flags

Note the golden cross of the 30 and 50 day MA in the middle of the flag. Also golden cross of 300 / 400 MA deep beneath the flag for the first time since  January 2016.

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August 26, 2019, 01:03:19 PM
Last edit: August 26, 2019, 03:12:42 PM by ivomm

According to this chart  based off analysing Deribit options pricing, in March 2019 the probability of Bitcoin to be traded at prices around 10K in Sept 2019 was 4-5%.
Edit. June 14K was nearly 0%. LOL



We all know what happened. Bitcoin ALWAYS does what is the least expected. Now, the probability that in Dec 2019 the price will be around 20K is 7%.



Anyone wants to bet with a 93% probability of success that the price will be under 20K?  Wink I won't!
(The charts were taken from https://twitter.com/skew_markets)
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August 26, 2019, 01:05:49 PM

According to this chart  based off analysing Deribit options pricing, in March 2019 the probability of Bitcoin to be traded at prices around 10K in Sept 2019 was 4-5%.



We all know what happened. Bitcoin ALWAYS does what is the least expected. Now, the probability that in Dec 2019 the price will be around 20K is 7%.



Anyone wants to bet with a 93% probability of success that the price will be under 20K?  Wink I won't!
(The charts were taken from https://twitter.com/skew_markets)


what's the probability for bitcoin to reach 1 million in December 2019? Smiley
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August 26, 2019, 01:11:11 PM

Nice little pump tonight, figure well slide down to 10,200 and bump right back up, I might put some skin in the game on that feeling, if the buy order doesn't fill then good.

Good call, you got close though I didn't see it hit quite that low.
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August 26, 2019, 01:18:24 PM

~Snip~

what's the probability for bitcoin to reach 1 million in December 2019? Smiley

^ IMHO

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August 26, 2019, 01:29:34 PM

what's the probability for bitcoin to reach 1 million in December 2019? Smiley

Goin' by the chart it looks asymptotically indistinguishable from 0% at 1000k.
Wilhelm
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August 26, 2019, 01:57:31 PM

I was looking at the speculation board round about January 2017
This is a speculation post I found which gives some indication of how wrong we can be.
This guy/gals $10k prediction (as many others) seemed ridiculous.....

If only they knew they would be hitting $19k that year.....  Wink

Other posts were hoping for a $5k to $6k bitcoin and $1k to $2k was reasonable.

So if we now shout $100k is stupid, then don't forget that it could be like 2017 and we might go to a ridiculous $200k-$400k or even higher.  Grin


2k is a joke

it's 10k
Do you really think bitcoin will reach 10k dollar anytime soon, I think we first see a dump to around 500 dollar and than see an upwards trend to 2000 dollar at most. even 200$ is also hard to reach in early future. it must take another halving.
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August 26, 2019, 02:29:36 PM

I was looking at the speculation board round about January 2017
This is a speculation post I found which gives some indication of how wrong we can be.
This guy/gals $10k prediction (as many others) seemed ridiculous.....

If only they knew they would be hitting $19k that year.....  Wink

Other posts were hoping for a $5k to $6k bitcoin and $1k to $2k was reasonable.

So if we now shout $100k is stupid, then don't forget that it could be like 2017 and we might go to a ridiculous $200k-$400k or even higher.  Grin


2k is a joke

it's 10k
Do you really think bitcoin will reach 10k dollar anytime soon, I think we first see a dump to around 500 dollar and than see an upwards trend to 2000 dollar at most. even 200$ is also hard to reach in early future. it must take another halving.

My boss was hacked in April 2017. Ransomware.
They asked for 2 BTC, he sent them to these assholes because he could not afford his web service to be offline for too long. I hope these cunts cashed out to fiat straight away, don't want to believe they made like 35k at the end of that year.
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