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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26380990 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. (174 posts by 3 users with 9 merit deleted.)
BlackSpidy
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July 04, 2015, 11:10:48 PM

I'm just confident we'll have a new ATH by May or June of 2016. So I'm relaxed and optimistic when looking at they dying downtrend. I think it will not die in a whimper. But with a bang. We'll be seeing $320+ soon.
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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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Fatman3001
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July 04, 2015, 11:13:27 PM

Buying on finex smells like fomo

Mo fomo = ccmf  Cheesy

Wouldn't be surprised to see $280 within the next couple of days.

Edit: CCMF!!!

Fatman, what would be the reason for this uptrend ?

The 18 months old broken downtrend ?

We've been firmly above the low of mid January for almost six months. I'm not sure if this is a definite uptrend though. It seems to me that this might just be some speculative interest connected to the Greece situation. If greeks actually saw Bitcoin as a way of securing their wealth or staying financially autonomous, we should have seen a much more forceful growth several months ago. We might very well fall back to the  $220-$230s in a couple of weeks if this is too strongly linked to Greece.

On the other hand, this might just be the trigger to start a new uptrend. It seems to me that most of Bitcoins potential is priced out ATM. If people are confident that the bottom is in, it would make sense to get into Bitcoin and wait for the potential to get priced back in again. Breaking the downtrend on the charts might matter, but it can bite you in the arse in the short run as there are always people waiting to punish any overexuberance.

What we saw today was probably just people waiting to buy the dip who realised they had missed it and had to hurry back in. I've seen a lot of people expecting the price to go down to the $247-$251 range. But it didn't, so they had to jump on the train at a higher price point in order to come along for the next leg up. Let's just hope there is a next leg up.
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July 04, 2015, 11:18:38 PM

Few more stabs higher over the summer and the bears will give up holding the price down..
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July 04, 2015, 11:41:53 PM

are we rich yet??   Huh

bobc1994
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July 04, 2015, 11:50:52 PM

wow $260 . we had a fork event today. I'm delighted that the market didn't piss itself this time.
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July 04, 2015, 11:56:45 PM

wow $260 . we had a fork event today. I'm delighted that the market didn't piss itself this time.

was not a fork, just some miners messed up with some blocks, nothing that won't be corrected soon. No hard fork
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July 05, 2015, 12:01:46 AM

Coin
Explanation
Alley
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July 05, 2015, 12:05:36 AM

Doesn't matter if vote is yes or no sunday.  Bitcoin will go up.
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July 05, 2015, 12:39:22 AM

Doesn't matter if vote is yes or no sunday.  Bitcoin will go up.

agreed. eleven million Greeks is currently furious at banks.  and there is not many safe places to store their wealth.
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July 05, 2015, 01:01:44 AM

Coin
Explanation
Room101
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July 05, 2015, 01:22:45 AM

Slow and steady up to $600 over the next 3 months.

Confirmed!
shmadz
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July 05, 2015, 01:25:54 AM

Slow and steady up to $600 300 over the next 3 months.

Confirmed!

Fixed!
 Grin
Fakhoury
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July 05, 2015, 01:26:12 AM

Slow and steady up to $600 over the next 3 months.

Confirmed!

If you don't mind, how it's confirmed ?
rolling
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July 05, 2015, 01:27:12 AM

Slow and steady up to $600 300 $3600 over the next 3 months.

Confirmed!

Fixed!
 Grin

Fixed!
 Grin
Fakhoury
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July 05, 2015, 01:28:33 AM

Slow and steady up to $600 300 $3600 over the next 3 months.

Confirmed!

Fixed!
 Grin

Fixed!
 Grin

If we keep on fixing like this, we will not finish  Grin
Mrpumperitis
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July 05, 2015, 01:30:32 AM

buy or cry, ive been buyin , we going up, no weekend dump, and huge price increase coming on monday/tues.
JerryCurlzzz
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July 05, 2015, 01:56:52 AM

buy or cry, ive been buyin , we going up, no weekend dump, and huge price increase coming on monday/tues.

Looking like it, yep. Bulls look really strong here, and this rally from last night is starting to look parabolic. This could continue for days, torturing many bears with those bearish divergences that get broken every time. Can you tell my space suit is on?
Dilla
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July 05, 2015, 02:00:13 AM

Glad to hear so much optimism here lately, been too long. Let's hope it continues past $266, and $270.
ChartBuddy
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July 05, 2015, 02:01:45 AM

Coin
Explanation
BlindMayorBitcorn
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July 05, 2015, 02:03:34 AM
Last edit: July 05, 2015, 02:36:26 AM by BlindMayorBitcorn


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