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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 8 (5.8%)
H2 2019 - 15 (10.8%)
H1 2020 - 26 (18.7%)
H2 2020 - 26 (18.7%)
H1 2021 - 11 (7.9%)
H2 2021 - 27 (19.4%)
H1 2022 - 6 (4.3%)
H2 2022 - 4 (2.9%)
H1 2023 - 0 (0%)
H2 2023 - 2 (1.4%)
2024 or Later - 14 (10.1%)
Total Voters: 139

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21285594 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. (102 posts by 19 users deleted.)
SkyValeey
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April 10, 2015, 09:44:17 AM

I'll never understand why people sell on the way down.
It's the complete opposite of what a good trader does.

No. You're wrong. Good trader is trader who can earn money with both direction.

Bad trader is trader who can earn money only with bubble rises.Smiley
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macsga
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April 10, 2015, 09:45:25 AM

I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.

That's the nature of regulators.

They move at glacial speed, and they have a big impact.

Plus Gemini & the Winkledouches ETF.
I want some ******* good news.
Proper news, adoption.

Getting fed up of this bear market, if I wasn't fairly comfortable in life I'd have sold everything by now.


True story. Bitcoin is not for the faint hearted, that's for sure. I guess all of us here have something in common though. Bulls and Bears. We're in for the long run...
LFC_Bitcoin
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April 10, 2015, 09:50:25 AM

I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.

That's the nature of regulators.

They move at glacial speed, and they have a big impact.

Plus Gemini & the Winkledouches ETF.
I want some ******* good news.
Proper news, adoption.

Getting fed up of this bear market, if I wasn't fairly comfortable in life I'd have sold everything by now.


True story. Bitcoin is not for the faint hearted, that's for sure. I guess all of us here have something in common though. Bulls and Bears. We're in for the long run...

That's the only way to play it now.
I hope in 10 years I can call myself an early adopter even though I only got in May/June 2014.
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April 10, 2015, 09:51:32 AM

PayPal merchants can now accept Bitcoin?

Wow. That's news.

http://www.reddit.com/r/Bitcoin/comments/321pb3/paypal_just_filed_this_document_to_the_sec/

edit

Key words here:

"....digital currencies such as Bitcoin..."

Chaps....world domination is upon us. Hold on to your beer (and the boobs).

PayPal doesn't have a mobile hardware phone offering, so while Apple Pay, Microsoft and Samsung all jump into mobile payments, PayPal needs to do something different.

Options.

1. Add Bitcoin and start pissing off Visa and MasterCard, and the above. That's not so bad for PayPal because it back's onto people's bank accounts. In theory PayPal could wipe out Coinbase, while also propelling Bitcoin into the mainstream.

2. PayPal could try to buy a hardware unit, if Blackberry wasn't such a basket case it could have been RIM. But why bother? PayPal is currently unique in that it connects to people's bank accounts. Until Apple, Microsoft and Samsung switch to doing this, PayPal and Bitcoin are a natural fit for PayPal's competitive advantage.

I'd be buying Bitcoin and PayPal stock at this point.



Well, that's awesome. BIT on Monday PLUS Paypal? The ultimate Bear trap is being settled... Am I the only one who sees where this is going?  Wink
PS: Options for h/w wallet: https://www.hardwarewallet.com/
PS2: They don't need one. Any phone with paypal app will do just fine...

Shorters will get burnt before the news. If this is real, rumor will get bitcoin to 300$ in less than 24 hours.

Watch out for the unexpected side impact of Google entering the scene like a bull in a China shop.



That's good news.  But shouldn't we see a change in trend by now?
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April 10, 2015, 09:51:43 AM

I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.

Meh... but BIT is already open, trading has just not started yet and paypal announced that they were integrating back in Dec(?) (and announced before that that they were thinking of integrating) and now they are finally starting to roll it out.

Patience

 
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April 10, 2015, 09:58:44 AM

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April 10, 2015, 10:09:44 AM

I'm starting to feel like this guy



This is not the way it was supposed to go
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April 10, 2015, 10:14:28 AM

i'll start to panic if we go below 1300
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April 10, 2015, 10:41:28 AM

I'll never understand why people sell on the way down.
It's the complete opposite of what a good trader does.

No. You're wrong. Good trader is trader who can earn money with both direction.

Bad trader is trader who can earn money only with bubble rises.Smiley

No. You're wrong. Good trader is trader who can earn money with all direction.

Bad trader is trader who can earn no money.Smiley
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April 10, 2015, 10:49:54 AM

Good to see some traders like ibankbitcoins being wrong, as well. He also bought the rally to $260, and I consider him to be quite level-headed and giving some nice input on trades.
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April 10, 2015, 10:51:42 AM

A good trader is a trader that minimises and controls their bank and their risk, and manages on a consistent basis to make more gains than losses.
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April 10, 2015, 10:58:30 AM

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ensurance982
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April 10, 2015, 10:58:56 AM

A good trader is a trader that minimises and controls their bank and their risk, and manages on a consistent basis to make more gains than losses.

Still, even good traders are wrong at times. One of the most important things, in my opinion, is respecting your stops. I guess he made the mistake of not following through during Thursday morning's dump. (He set a soft stop and was sleeping, apparently)
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April 10, 2015, 11:09:34 AM
Last edit: April 10, 2015, 11:41:55 AM by Sitarow





empowering
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April 10, 2015, 11:13:19 AM

A good trader is a trader that minimises and controls their bank and their risk, and manages on a consistent basis to make more gains than losses.

Still, even good traders are wrong at times. One of the most important things, in my opinion, is respecting your stops. I guess he made the mistake of not following through during Thursday morning's dump. (He set a soft stop and was sleeping, apparently)

yeah of course good traders can make wrong calls... no one is going to win every trade, but like I said, a good trader controls their bank and manages risk.

oh and it does not hurt to be well capitalised
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April 10, 2015, 11:40:49 AM


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April 10, 2015, 11:58:31 AM

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noobtrader
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April 10, 2015, 12:01:37 PM

I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.

That's the nature of regulators.

They move at glacial speed, and they have a big impact.

Plus Gemini & the Winkledouches ETF.
I want some ******* good news.
Proper news, adoption.

Getting fed up of this bear market, if I wasn't fairly comfortable in life I'd have sold everything by now.



why good news always bad for price ?
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April 10, 2015, 12:09:09 PM

why good news always bad for price ?

The most basic explanation would be: Manipulators and whale traders predict a buy pressure to start soon after everyone learns about the news, so they're trying to quickly dump and create artificial sell pressure to buy what they can before the next pump. Smiley If you look at how this small dump is moving you'll notice that it's really slow with a lot of coins being bought back.

But what about the -ve %s that are being poured in day by day in the value of the coins?
Are these whales not interested in getting their investments back with some higher profits for their ^hardwork^?
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April 10, 2015, 12:09:28 PM

I'm sceptical.
BIT opening has been next week for about 3 weeks & these ebay/paypal announcements seem to be trotted out 2 or 3 times a year & fuck all happens.

That's the nature of regulators.

They move at glacial speed, and they have a big impact.

Plus Gemini & the Winkledouches ETF.
I want some ******* good news.
Proper news, adoption.

Getting fed up of this bear market, if I wasn't fairly comfortable in life I'd have sold everything by now.


What's worse is that 2014 was all this great merchant adoption news --- Expedia!  Microsoft!  Dell!  Overstock!

Now this 2015 year so far, what do we have announced?  Rakuten! (yay, but nobody cares)  PayPal integration! (yay, but nobody cares, old news).

And that's pretty much it.  We were promised BIG retailers would just keep rolling in, like Amazon, Starbucks, Target, Walmart, etc.  Still haven't seen shit.

Coinbase claims to supposedly have 39,000 merchants integrated (according to their website).  39,000!  So where's the fkn list, Coinbase?  Can't we see who's on the damn list?  Are you guys so ashamed of the merchants on this list that we the public can't even know about them?

And I'm sure with BitPay it's the same, a bunch of merchants integrated that we know fk all about.

Great marketing guys, great marketing.  /s  /rant
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