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Question: Oct. 31 Closing Price:
$0 - 4 (5.1%)
<$7,000 - 10 (12.8%)
$7,000-$7,500 - 5 (6.4%)
$7,500-$8,000 - 10 (12.8%)
$8,000-$8,500 - 15 (19.2%)
$8,500-$9,000 - 10 (12.8%)
$9,000-$9,500 - 5 (6.4%)
$9,500-$10,000 - 4 (5.1%)
$10,000-$10,500 - 5 (6.4%)
>$10,500 - 4 (5.1%)
>$20,000 - 6 (7.7%)
Total Voters: 78

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21410217 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. (109 posts by 22 users deleted.)
makrospex
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October 06, 2019, 07:39:16 PM



EDIT: is it just me or does it seem to others also that respect for the elderly has gone down the tubes lately



Nope. From my point of view it's the generation of millenials and that generation before that insists on self-fullfilment much more than anything else, which strongly interferes with respect or care for the elderly.
Old people are more and more seen as PITA.
Here's the key: Empathy.
Empathy is not given, it's developed in the third year of life of a human. It's also a fact that children that were raised by family are able to be more empathic than children that were put into daycare or whose primary psychological parent were nannies.
Count one and one together, look at popular nursery and there you have our future generations.
Donald Trump was just the beginning (as this might seem barely related, if you dive deeper into the subject of nursery, it actually is).
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Reply with quote  #2

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Hyperjacked
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It's all mathematics...!


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October 06, 2019, 07:40:45 PM

Yo yo playas... me thinks we need a slow drawn out step down so we can flush out the weak!  Grin
Maybe a punishing consolidation will do the wallet good...
whiteboy420
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October 06, 2019, 07:41:06 PM

be the wick you want to see.
vapourminer
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what is this "brake pedal" you speak of?


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October 06, 2019, 07:42:40 PM

I'm thinking a lot of those miners are gone. Big problem: These things generate heat, and if you put them on big power busses without fusing you're just asking for a fire.

But fuses cost money.....

they might have had fuses on the buss originally. but you know dealing with a blown fuse is a pain as well as down time (MONEY). so, like the old penny in the fuse socket from back in the day they may have been replaced with larger rated fuses - or simply bypassed completely... POOF instant increase of electrical capacity. as well as instant elevated fire hazard.

assuming it was a buss overload. not just shoddy work full  of shortcuts that will burn down anyway given time.
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October 06, 2019, 08:24:10 PM

Damn Lambie was wrong 7995

Nope, read my post again Goose, I said we are going somewhere between 6-7k in October.

$6500 would be roughly 0.8 Mayer's multiple.
Historically, it would be a good place to buy, but no guarantees.
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October 06, 2019, 08:28:30 PM

Bitcoin is the only asset that grows 200% only in this 2019, something that has not even achieved  the gold, however, Bitcoin  it falls and rises......  will always shine.

rebal15
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October 06, 2019, 08:29:04 PM


is there enough cash for $50k BTC. I mean, if holders will sell at $50k, can exchanges and all others business pay sellers?
Fatman3001
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October 06, 2019, 08:36:35 PM

Fuck you Fatty


Also look who made the top of the list  Gratz man - well deserved.  

 

What's that sorcery?
I didn't even know that part of the forum exists as I always relied on external efforts like tables and datas from ddmrddmr or LoyceV.
Anyway, I take no pride in that, It your merit (pun intended). I only try to contribute to the forum in the best way I can and try to stimulate most interesting (and entertaining) discussions.



wut?

aren't you a merit farmer? with your own thread and all?

I just got to 1,200 merits.
I am the most merited Senior Member ok the Forum, and I have time to improve until Oct, 9th when My activity will clock and I will be promoted to Hero!

wait.... ok...

I accept the suggestion of being more humble.

hmmmm.....


and then this

Anyway, I take no pride in that, It your merit (pun intended). I only try to contribute to the forum in the best way I can and try to stimulate most interesting (and entertaining) discussions.

ah, I see. Someone told you to be more humble so now you're merit farming for the good of humanity.

ignore?



btw, thanks for celebrating Fatmans Friday @HairyMcNutsack
Fatman3001
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October 06, 2019, 08:39:23 PM

Yo yo playas... me thinks we need a slow drawn out step down so we can flush out the weak!  Grin
Maybe a punishing consolidation will do the wallet good...

stop begging for tips
Hyperjacked
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It's all mathematics...!


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October 06, 2019, 08:44:00 PM

Yo yo playas... me thinks we need a slow drawn out step down so we can flush out the weak!  Grin
Maybe a punishing consolidation will do the wallet good...

stop begging for tips

What tips? Lol

I don't have an address listed
micgoossens
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Taking it back a nodge, VEGETA where art thou !!!!


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October 06, 2019, 08:44:23 PM


is there enough cash for $50k BTC. I mean, if holders will sell at $50k, can exchanges and all others business pay sellers?

Was there enough at 100 when people ask the same question for 10K ?

And still 50K is only little over double of ATH.....
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October 06, 2019, 08:46:33 PM
Merited by JayJuanGee (1)

I'm thinking $7300 will be the bottom of this.   I think too many people will pile on if we were to visit 6k again, I mean unless we are to test 3-4K again which I think is unlikely. $7300 will feel very bearish where I expect traders to sell in anticipation of a 6k support retest. Whales will take advantage of this anticipation and move prices higher.
This is not a price discovery market, its sentiment discovery and manipulation. The way I see it is:  Once the bulk of traders and noobs get comfortable with price swings and are able to either trade it or have simply resigned to HODL, the price moves up to recapture a new set of noob traders who'll be the next course of whale food.  
Macadonian
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October 06, 2019, 08:57:59 PM

I'm thinking $7300 will be the bottom of this.   I think too many people will pile on if we were to visit 6k again, I mean unless we are to test 3-4K again which I think is unlikely. $7300 will feel very bearish where I expect traders to sell in anticipation of a 6k support retest. Whales will take advantage of this anticipation and move prices higher.
This is not a price discovery market, its sentiment discovery and manipulation. The way I see it is:  Once the bulk of traders and noobs get comfortable with price swings and are able to either trade it or have simply resigned to HODL, the price moves up to recapture a new set of noob traders who'll be the next course of whale food.  
Why would people investing into Bitcoin be a problem if it were to reach below $6k? It theoretically would not unless these people intend on dumping at the same time in the future which could cause another drop if its all done at the same time but the probability of that happening is next to none unless we have a few whales which buy very large amounts which could influence the market.
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October 06, 2019, 09:04:00 PM
Last edit: October 06, 2019, 09:28:52 PM by LUCKMCFLY


is there enough cash for $50k BTC. I mean, if holders will sell at $50k, can exchanges and all others business pay sellers?

Was there enough at 100 when people ask the same question for 10K ?

And still 50K is only little over double of ATH.....

I totally agree, I can't even imagine how much the new ATH can achieve.

Note: @micgoossens Your Vegeta Logo with the BTC is spectacular! Super cool!
Icygreen
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October 06, 2019, 09:05:18 PM

I'm thinking $7300 will be the bottom of this.   I think too many people will pile on if we were to visit 6k again, I mean unless we are to test 3-4K again which I think is unlikely. $7300 will feel very bearish where I expect traders to sell in anticipation of a 6k support retest. Whales will take advantage of this anticipation and move prices higher.
This is not a price discovery market, its sentiment discovery and manipulation. The way I see it is:  Once the bulk of traders and noobs get comfortable with price swings and are able to either trade it or have simply resigned to HODL, the price moves up to recapture a new set of noob traders who'll be the next course of whale food.  
Why would people investing into Bitcoin be a problem if it were to reach below $6k? It theoretically would not unless these people intend on dumping at the same time in the future which could cause another drop if its all done at the same time but the probability of that happening is next to none unless we have a few whales which buy very large amounts which could influence the market.
My point was that I believe whales control a significant portion of the price action. People piling on at 6k and below isn't good for someone who wants to control price action unless we are to go down from there of course which I already stated I think is unlikely. There are only so many coins in circulation and the HODL wave is growing all the time.  Cannot risk cheap prices for too long.
Watch the sentiment.  When things look really bad, I mean when everyone is second guessing their positions, its time to BUY! We're getting there and as stated above from another WO, a slow drain down is the most likely to bleed out any hopes.
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October 06, 2019, 09:20:39 PM

Yo yo playas... me thinks we need a slow drawn out step down so we can flush out the weak!  Grin
Maybe a punishing consolidation will do the wallet good...

stop begging for tips

What tips? Lol

I don't have an address listed


pffff... you always come scurrying down here begging for pro tips when the market rattles you.
micgoossens
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October 06, 2019, 09:29:52 PM


is there enough cash for $50k BTC. I mean, if holders will sell at $50k, can exchanges and all others business pay sellers?

Was there enough at 100 when people ask the same question for 10K ?

And still 50K is only little over double of ATH.....

I totally agree, I can't even imagine how much the new ATH can achieve.

Note: @micgoossens Your Vegeta Logo with the BTC is spectacular! Super cool!

Its a xhomerx10 creation Smiley

Why not co-join to research 9K from there we will go for the 10K HAT and after retry the 15K HAT

cheers
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October 06, 2019, 09:59:28 PM

Yo yo playas... me thinks we need a slow drawn out step down so we can flush out the weak!  Grin
Maybe a punishing consolidation will do the wallet good...

stop begging for tips

What tips? Lol

I don't have an address listed


pffff... you always come scurrying down here begging for pro tips when the market rattles you.

The pro's left here long ago... just paid trolls like yourself and a few old timers.

Please don't respond again fatman

Disclaimer: I always feed the homeless



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Self-made "Legendary"! :-D


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October 06, 2019, 11:00:22 PM

Bitcoin dominance seems to be approaching the major support range:

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October 06, 2019, 11:01:25 PM
Last edit: October 08, 2019, 09:09:49 PM by Gyrsur

I've collected all post regarding this "Hedge your position right from the start" discussion in a separated thread for better reading through and maybe ongoing discussion there if you like.

Hedge your position right from the start - ongoing discussion
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