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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26898952 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 1 users with 9 merit deleted.)
petahashminer
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May 30, 2016, 03:30:35 PM



lol what is the meaning of this?

we are going  up or down?
r0ach
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May 30, 2016, 03:32:32 PM



lol what is the meaning of this?

we are going  up or down?

There's a strong uptrend still.
finkelsteinMonster
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May 30, 2016, 03:34:53 PM
Last edit: May 30, 2016, 03:49:06 PM by finkelsteinMonster

^SOON

lol what is the meaning of this?

we are going  up or down?
Looks like down Sad
Tzupy
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May 30, 2016, 03:59:51 PM

The Chinese ran out of steam, while western exchanges were trying to catch up... Grin
julian071
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May 30, 2016, 04:00:06 PM

^I agree with that guy who can't speak German. I smell a dump incoming. Imma gonna try and catch that falling knife to go long off of that.
becoin
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May 30, 2016, 04:04:48 PM

I'm glad that all of you expect dump. It's a good indication where we go from here.
JimboToronto
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May 30, 2016, 04:11:12 PM

Good morning Bitcoinland.

Quite the merry ride yesterday. Surge up to $570, crash down to $512, and correct back to where we were a day ago.



Overall, the price ended up slightly higher. This is good for everybody: lots of volatility for the daytraders and a slow drift upward for the holders. Win-win.

LFC_Bitcoin
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May 30, 2016, 04:19:30 PM

Not sure why well known bears are laughing & posting smilies. I highly doubt they would have expected or been prepared for the rise we've had.

I guess many shorters are under water now.
yefi
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May 30, 2016, 04:24:13 PM
Last edit: May 30, 2016, 08:03:04 PM by yefi

it makes labor more expensive in the US too, basically exporting jobs to, guess where, china, where it just got cheaper to produce goods.

It also keeps jobs in China, as they had been losing labour competitiveness for around a decade mostly due to Yuan appreciation.
Ted E. Bare
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May 30, 2016, 04:29:38 PM

Quick sell all your coins... to me! Grin
finkelsteinMonster
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May 30, 2016, 04:33:01 PM

Not sure why well known bears are laughing & posting smilies. I highly doubt they would have expected or been prepared for the rise we've had.

I guess many shorters are under water now.

I don't think you understand bear mentality.
The main difference between bears and bulls is how they see each other. Bulls see the noble bear as an enemy, something to rage against.
The superior, rational bear is far more pragmatic, and sees you for what you really are: food.

http://s33.postimg.org/8yz16smpb/1b5ff940_a923_0133_39b4_06e18a8a4ae5.gif

P.S. Intelligent bears aren't always shorting. Most of the time the bears are hibernating in the safety of fiat, doing nothing.
Occasionally, they see an opportunity to make some money by shorting, so that's what they do.
becoin
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May 30, 2016, 04:37:57 PM

Not sure why well known bears are laughing & posting smilies.
Because that's what children do when they understand they're losers.
JimboToronto
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May 30, 2016, 04:43:12 PM

Not sure why well known bears are laughing & posting smilies.

Maybe it's the beating-your-head-against-the-wall effect. It feels good when you stop.

After a week of daily price surges, it's almost leveled out. The rise from $438 to $570 had to be exhausting for bears.

finkelsteinMonster
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May 30, 2016, 04:47:29 PM

^

we are going  up or down?
Looks like down Sad
Look how time flies, down $10 since that was posted.

Hope everyone locked in some profit$ Smiley

http://s33.postimg.org/y140vxjsf/assbot.jpg
becoin
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May 30, 2016, 04:49:31 PM

Most of the time the bears are hibernating in the safety of fiat, doing nothing.
Most of the time the bulls are hibernating in the safety of fiat bitcoin, doing nothing.

Now look at bitcoin chart and tell me who is the loser?
JimboToronto
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May 30, 2016, 04:53:45 PM


The superior, rational bull is far more pragmatic, and sees you for what you really are: food.
 


ftfy  Smiley Wink Cheesy Grin Cool
JimboToronto
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May 30, 2016, 05:05:42 PM

Not sure why well known bears are laughing & posting smilies.
Because that's what children do when they understand they're losers.

Indeed, until the realization of their denial sets in. Then they throw a tantrum.

finkelsteinMonster
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May 30, 2016, 05:06:54 PM

Nah, that was fine, stet, you're not thinking straight.

UR a herbivore, you wacky vomit-chewer, you don't eat meat (other than when humans grind up your young and feed them to you).
Which is probably what happened, since that's the primary cause of the dreaded mad cow disease.
Please turn yourself in to the nearest slaughterhouse to be destroyed right away.
Go go go!
r0ach
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May 30, 2016, 05:08:08 PM
Last edit: May 30, 2016, 05:19:38 PM by r0ach

<r0ach> haha now btc pumps off the floor
<r0ach> the chinese are ruthless against weak hands

Chinese pumpers from the sky.  If you short Bitcoin, you will die.


JimboToronto
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May 30, 2016, 05:18:39 PM

Then there's lamb, almost as delicious as bearmeat.



Too bad bulls are too tough to eat, so they have to use cows and steers.

_________

Meanwhile Bitcoin pushes back up toward $550.
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