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Question: Did we reach the bottom already?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25818704 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 5 users with 9 merit deleted.)
El duderino_
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August 23, 2019, 08:20:23 AM

The world is going cashless; that is inevitable.

The question is if you want your money to be numbers stored in databases with unlimited total supply that can be tampered with

or

numbers stored on an immutable public ledger with a limited total supply

Time for plan ₿

https://twitter.com/cryptobull/status/1164574486924070913?s=21

This is been said nice..... I go for plan BTC
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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SuperTA
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August 23, 2019, 08:35:48 AM

http://shrani.si/f/3n/YJ/10sYmUpR/d1eb533a1eb81033cd641527.png

http://shrani.si/f/2n/sM/2NYTqwZD/936f88fce2acabcd8bbd8e82.png

Btc/Usd CME Chart

The first chart (4h) the yellow and the purple line didn't hold and now bitcoin has a second chance at the trendline. We are near the trendline area (white line). If the 4h candle closes and stays above the white trendline it will be a positive sign for a potential bounce to the upside.

The second chart (1d) the daily candle is near the trendline but currently bellow the yellow EMA line which indicates support if bitcoin is above the line and resistance if bitcoin is bellow the yellow line. Bitcoin is currently in between the white trendline and the yellow (currently resistance) line. If we close the daily candle above the yellow line it will be a good sign. If that happens, the next stop would be the purple line and after that the upper white trendline.







Bitcoin bounced at the yesterday's trendline. It even closed above the yellow line on the daily chart which is a good sign.
On the 4h chart bitcoin is currently testing the first short term resistance at the purple line. Charts from yesterday are quoted above.
Ibian
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August 23, 2019, 08:39:11 AM

Easy solution: stop using banks.
Looks like that will have to happen. If I can start buying plane tickets with bitcoin then at this point all I need them for is to pay my cell phone bill. And my family can handle that from another account.

Can't you pay your phone bill with cash? I pay all my bills with cash.

I pay everything with cash including loading up my credit card which I only use for online purchases and travel, such as plane tickets, hotel rooms, etc. If you never owe them money, you never pay interest.

I don't have a bank account but I didn't need one to get a credit card. I also didn't have a credit rating. They sent me a card for filling out a questionnaire at the ballpark to get a free t-shirt. They've upped my credit limit 3 times already without me requesting an increase. Hopefully I'll never need it.

Go Bitcoin go.
Can't pay with cash from another continent. I would like to get a bankless card, but I don't know of any in Denmark.
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August 23, 2019, 08:45:52 AM

Amazon Cloud Outage Causing Major Issues at Some Crypto Exchanges

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Problems with Amazon’s cloud service, AWS, are disrupting services at some cryptocurrency exchanges on Friday.



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She also tweeted a screen grab, apparently of order book data from BitMax that a customer had posted in the exchange’s official Telegram channel. It suggests traders have been able to buy 45 bitcoin for less than $1 (in the tether stablecoin, USDT). The price of bitcoin at time of writing should be around $10,190, according to CoinDesk’s global average price index.

https://www.coindesk.com/amazon-cloud-outage-causing-major-issues-at-some-crypto-exchanges

Buy, damn, today is your lucky day. Cheesy
El duderino_
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August 23, 2019, 08:51:05 AM

Fasten Your Seatbelts



https://twitter.com/MustStopMurad/status/1164635621220073472?s=20

Don't look at me boys i'm strapped in for years already Cheesy Grin
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August 23, 2019, 09:01:06 AM
Last edit: August 23, 2019, 09:15:05 AM by SuperTA

My advice: I saw many the same patterns on twitter, where they called the same price movement. Too many people shared and re-tweeted and it always went the opposite direction or changed the pattern. So my advice is, if there is too many views and everyone is trading it, probably  won't happen and the pattern will change.

Besides that this pattern is suggesting that bitcoin will crash first before going up. This user posted new idea where he suggests going straight up so it doesn't match with his previous pattern.
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August 23, 2019, 09:51:30 AM

El duderino_
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August 23, 2019, 10:07:40 AM

My advice: I saw many the same patterns on twitter, where they called the same price movement. Too many people shared and re-tweeted and it always went the opposite direction or changed the pattern. So my advice is, if there is too many views and everyone is trading it, probably  won't happen and the pattern will change.

Besides that this pattern is suggesting that bitcoin will crash first before going up. This user posted new idea where he suggests going straight up so it doesn't match with his previous pattern.

Don't look at me to much..... i'm the HOPIUM boy in here, if it suggest Bullish then I post it Tongue

But for TA I just don't put much attention anyway, cause most of the times (Always) I only see monkeys throwing darts ......

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August 23, 2019, 10:10:38 AM

Well, well  Smiley

No wonder bitcoin made a bounce to the upside. CNBC bitcoin prediction (12 hours ago) says that bitcoin is bearish. But they made 80-90% wrong calls in 2019 and 2018. So...this news is kinda bullish lol

https://twitter.com/CNBCFastMoney/status/1164658891751378946
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August 23, 2019, 10:21:55 AM

Time for plan ₿

https://twitter.com/cryptobull/status/1164574486924070913?s=21

This is been said nice..... I go for plan BTC

I just hope some others will not think that plan BTC is that scam attempt in tweet comments. I agree that plan BTC is currently the only reasonable plan Wink

El duderino_
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August 23, 2019, 10:29:37 AM



Ow boys, I do love these moments..... This Sunday I will have a BBQ with a lot of NO-coiners, looking forward to it, and especially to start a subtile talk about the current BTC situation ....... ( I already know they all will say a really I haven't watch the price for a long time LOL) Cheesy
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August 23, 2019, 12:10:17 PM

Cryptotourist
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August 23, 2019, 12:32:18 PM
Merited by JayJuanGee (1)

Kindly drag your pathetic ass to the relative thread alev.

I don't understand why I should have to read this idiotic - full of shit vision propaganda here. r0achie is more than enough.
BTW Aleksandr is a fucking moronic retard, he is free to suck CW's dick obviously, but honestly we don't need to know about it.
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August 23, 2019, 12:54:04 PM

Kindly drag your pathetic ass to the relative thread alev.

I don't understand why I should have to read this idiotic - full of shit vision propaganda here. r0achie is more than enough.
BTW Aleksandr is a fucking moronic retard, he is free to suck CW's dick obviously, but honestly we don't need to know about it.
Well there is always the ignore option. Has worked flawlessly for years.
Regarding block size, LukeDash jr is working hard at decreasing it to 300k and effectively kill the BTC blockchain  to move forward with segwit only
Febo
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August 23, 2019, 01:04:06 PM

Kindly drag your pathetic ass to the relative thread alev.

I don't understand why I should have to read this idiotic - full of shit vision propaganda here. r0achie is more than enough.
BTW Aleksandr is a fucking moronic retard, he is free to suck CW's dick obviously, but honestly we don't need to know about it.
Well there is always the ignore option. Has worked flawlessly for years.
Regarding block size, LukeDash jr is working hard at decreasing it to 300k and effectively kill the BTC blockchain  to move forward with segwit only

You cant decrease it now. That train left few years ago. Now number of transactions is higher and will only increase. In first years blocks were empty and would be totally normal to reduce block size.
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August 23, 2019, 01:21:04 PM
Merited by Torque (1)

Well there is always the ignore option. Has worked flawlessly for years.
Regarding block size, LukeDash jr is working hard at decreasing it to 300k and effectively kill the BTC blockchain  to move forward with segwit only

Indeed. Not my cup of tea to ignore, but rather face it instead.

BSV shills constantly attacking segwit (not a great fan either tbh) must be a joke though.
BSV shills claiming that CW is a genius, whilst at the same time he has to be the single most filthy - retarded internet persona I've ever come across in my life, well that's just outrageous.
Tytanowy Janusz
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August 23, 2019, 01:39:08 PM

cobra has just been released. Bitcoin just break 10240.
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August 23, 2019, 01:50:20 PM

^ Welcome back eddie.
Thanks JSRAW! Technically I'm not back yet, just found some time and the technical means to catch up a little, do I replied on a couple of posts that begged for a word. I'll be back for good in a couple of weeks.

In the meantime, all I've seen is a little sideways motion. It's just as if she wanted her August break after all the tiresome up and down. Well dear, you can have your usual summer rest like just about every year. You can and will do whatever you feel like anyway, of course. You know we still love you!
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August 23, 2019, 01:51:10 PM

Big fat green dildo pattern  Grin
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August 23, 2019, 01:55:05 PM


::le sigh::

Hey d_eddie, great to see you 'round these parts - as misguided though you be.
Great to see you're still hanging around too, quite misguided as usual  Wink
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