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Question: Where will this rally top out?
Already topped <$7,000 - 19 (25.3%)
$7,000-$7,499 - 6 (8%)
$7,500-$7,999 - 8 (10.7%)
$8,000-$8,499 - 4 (5.3%)
$8,500-$8,999 - 5 (6.7%)
$9,000-$9,499 - 1 (1.3%)
$9,500-$9,999 - 0 (0%)
$10K+ - 32 (42.7%)
Total Voters: 75

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21586910 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. (143 posts by 33 users deleted.)
BlackSpidy
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March 21, 2015, 09:41:10 AM
Last edit: March 21, 2015, 10:15:18 AM by BlackSpidy

I just imagine that bitcoin is a new nation's currency. Is the indonesia rupiah a ponzi scheme because it's been dropping in value for 4 years (https://www.google.com.gt/search?q=indonesian+rupiah#q=1 IDR to USD)? Or are there a bunch of complicated economic factors that have harmed this currency over time? I've said it before, and I'll say it again. Bitcoin is already "stronger" than many government-backed coins. All it needs is a little stability and it'll be comparable to the old monetary systems. For now, we have to see bitcoin stumble and get up several times as it finds it's way in the world. How unstable was trade back in the 1500s?

A chicken (and maybe some grains) may have been worth a pig, but five pigs can get you a cow, and a cow might get you ten chickens. So much is a cow really worth!? Obviously, cows are a ponzi, because their trade value varies over time due to traders having different needs, trading their cows for different goods.

PS: Money doesnt create any value ether. Imagine that argument being used when the first dollars were being printed "As an investment, I believe that it is fairly well illustrated by that gold-making circle on my newspaper.  The paper money system does not create any real wealth (food, homes, cars, boat rides, haircuts...)  Unlike [insert time-appropriate equivalent... maybe "hard work"?], any proft that one can make from 'paper money', wether[sic] by short-term trading or long-term 'hodling', will be someone else's loss." I repeat, Jorge is only here to FUD in a pseudo-intellectual manner, pretending t know exactly how bitcoins work, and how the system is just another ponzi scheme.

PSS: I'm still waiting for proof on your claims about the bitcoin clone that would double the bitcoins in existence. So far, only claims with no evidence to stand on.
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12345mm
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March 21, 2015, 09:57:25 AM

money does not exist ... things exist ... decimal places and X value comparison vs previous value is meaningless ... truth ? value ? god? ... what is matter ? no mind ... what is mind ? no matter ...
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March 21, 2015, 09:58:55 AM

Coin
Explanation
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March 21, 2015, 10:20:07 AM

Someone will try a squeeze tomorrow. And since the longs won't budge and the shorts have been jittery lately, I think it will be a short squeeze. But without buying pressure it will fall to the ground again when shorts have bailed, which will put pressure on longs again if they don't have the wits to close in the 280-290s area.

Not really a prediction, just thinking out loud (quietly in writing).
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March 21, 2015, 10:27:00 AM

Bulls and bears balance each other very well atm.

Guess the next two month will become boring to an almost unbearable level.   Wink
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March 21, 2015, 10:27:47 AM

we need some despair here
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March 21, 2015, 10:28:00 AM

Bulls and bears balance each other very well atm.

Guess the next two month will become boring to an almost unbearable level.   Wink

Too low volume
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March 21, 2015, 10:32:32 AM

we need some despair here

f that

we're gonna go moonwalking


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March 21, 2015, 10:33:29 AM

Bulls and bears balance each other very well atm.

Guess the next two month will become boring to an almost unbearable level.   Wink

Too low volume

Why? Bitcoin is "stable", when volume is low!?
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March 21, 2015, 10:37:11 AM

Bulls and bears balance each other very well atm.

Guess the next two month will become boring to an almost unbearable level.   Wink

Too low volume

Why? Bitcoin is "stable", when volume is low!?

until a bear shits in the woods
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March 21, 2015, 10:39:56 AM

Bulls and bears balance each other very well atm.

Guess the next two month will become boring to an almost unbearable level.   Wink

Too low volume

Why? Bitcoin is "stable", when volume is low!?

until a bear shits in the woods

Grin

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March 21, 2015, 10:52:22 AM

Bulls and bears balance each other very well atm.

Guess the next two month will become boring to an almost unbearable level.   Wink

Too low volume

Why? Bitcoin is "stable", when volume is low!?

until a bear shits in the woods

Grin



Did some "research": This is scary. But prooves your point.

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March 21, 2015, 10:59:01 AM

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Fatman3001
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March 21, 2015, 11:02:58 AM

Bulls and bears balance each other very well atm.

Guess the next two month will become boring to an almost unbearable level.   Wink

Too low volume

Why? Bitcoin is "stable", when volume is low!?

until a bear shits in the woods

Grin



Did some "research": This is scary. But prooves your point.


That explains a lot
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March 21, 2015, 11:06:24 AM
Last edit: March 21, 2015, 11:48:58 AM by podyx

Orderbooks looks a bit more friendly in the bulls favour now atleast
JorgeStolfi
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March 21, 2015, 11:48:20 AM

I'm still waiting for proof on your claims about the bitcoin clone that would double the bitcoins in existence. So far, only claims with no evidence to stand on.

I explained it three times, and gave you an concrete example of that thing having happened already (the OP_MUL fork).  Sorry, it is you who owe me proof that you can read.
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March 21, 2015, 11:58:52 AM

hello!

how's those healthy longs from 250 looking now?

this is going down, you have been warned.
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March 21, 2015, 11:58:56 AM

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Fatman3001
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March 21, 2015, 12:01:45 PM

hello!

how's those healthy longs from 250 looking now?

this is going down, you have been warned.

BlackSpidy
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March 21, 2015, 12:03:33 PM

I'm still waiting for proof on your claims about the bitcoin clone that would double the bitcoins in existence. So far, only claims with no evidence to stand on.

I explained it three times, and gave you an concrete example of that thing having happened already (the OP_MUL fork).  Sorry, it is you who owe me proof that you can read.

You made claims 3 times. Got any evidence of bitcoin clones resulting in more bitcoins being on the market? I'm still waiting for proof that (and I quote)


 any kid can duplicate the amount of bitcoins in existence by creating a hard fork of the blockchain and starting to mine it on his laptotp.  

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