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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 26839512 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.)
JimboToronto
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June 04, 2016, 03:58:22 PM

Good morning Bitcoinland.

Nice to see we're still over $570 even after a fairly decent correction/retracement from $593.



Sideways for a while or are we just catching our breath before continuing the rally of the last 2 weeks?

A bit of resistance in the $580-$600 range was to be expected. Let's hope it's short-lived.
savetherainforest
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June 04, 2016, 04:14:32 PM



Oh Yeah!



SOONTM

Is that from "Waterworld" movie?  Grin  ....  Fun economic fact : did you know that specific movie is one of the most expensive budget movies made in history due to the adjustment to inflation?
molecular
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June 04, 2016, 04:23:24 PM

you know, when people are out on the streets happily roaming about wearing sunglasses and flipflops because the sky is blue, it can be hard to imagine rainfall and cold air.

You imagined rainfall and cold air for the foreseeable future, and made sure to spread your belief to others. Now they're walking around in parkas.

Lol. I am about as permabull as they come, dude
Assmaster2000
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June 04, 2016, 04:39:28 PM

Onoes!

gizmoh
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June 04, 2016, 04:53:56 PM

Ahh the Fomo, Chasing Profits, Removing sell orders, Getting Greedy. Not everybody can take profits home  Roll Eyes
JimboToronto
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June 04, 2016, 04:58:50 PM

Onoes.

Right back to where we were yesterday.

yefi
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June 04, 2016, 05:01:09 PM

Lol. I am about as permabull as they come, dude

Hm, I'm sure I remember you posting that you spoke to a lot of potential Bitcoin investors, and after you had told them that bitcoin couldn't scale, none of them were interested any more.
savetherainforest
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June 04, 2016, 05:04:45 PM

Ahh the Fomo, Chasing Profits, Removing sell orders, Getting Greedy. Not everybody can take profits home  Roll Eyes

I made like 3% BTC ...

But... I think the dragon is preparing to eat some bears.
nioc
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June 04, 2016, 05:09:25 PM

Sell, what's that?

I made a cash purchase through my regular cash channel ...
Localbitcoin?


No.  Did they raise their fees?  Guess again.

I was correct about the price going down because I bought.   What power I have  Grin
nicomedya5
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June 04, 2016, 05:23:18 PM

What happens Bitcoin price, rose to more
now if we can we profit
I EXPECT fall Bitcoin price for the investment.
MinermanNC
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June 04, 2016, 05:24:25 PM

Ok, need to sell some BTC for electricity... so have we peaked here today? If I wasn't so tired last night I would have snagged at 580.00  Sad
savetherainforest
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June 04, 2016, 05:33:19 PM

What happens Bitcoin price, rose to more
now if we can we profit
I EXPECT fall Bitcoin price for the investment.

Bear trap! ... cheap coins for the taking! They where making too much resistance for 600+

You can buy now .. sell at 570 a bit.. it is written vermin extermination all over this swing! That's what ... they just rat out the bears then goes back up.
GreekGeek
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June 04, 2016, 05:41:54 PM

Thanx for the drop guys bears

I am all in ! Cool
 now CCMF!

[img]trains, rockets, etc. [img] 
Assmaster2000
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June 04, 2016, 05:45:16 PM

Sell, what's that?

I made a cash purchase through my regular cash channel ...
Localbitcoin?

[you know that dumpster? yeah, text me when you're a few blocks away, we'll work something out.gif]

No.  Did they raise their fees? 

Dunno. Isn't that how BTC cash deals are done?
600watt
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June 04, 2016, 05:46:49 PM

Onoes.

Right back to where we were yesterday.




that is so 2013-ish
gizmoh
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June 04, 2016, 05:49:27 PM

Nice Crisis coming for the Halving, Good FUD to trade on  Cheesy


http://www.coindesk.com/crisis-halving-bitcoin-mining/

“When the difficulty doesn’t change, but the hashing power shuts down immediately, there will be no next block. If, after the halving, the price does not go up, but the prices goes down, [there] will be heartache. It means no next block, no blockchain, all of the blockchain will be shut down immediately.”
Assmaster2000
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June 04, 2016, 05:54:19 PM

Nice Crisis coming for the Halving, Good FUD to trade on  Cheesy


http://www.coindesk.com/crisis-halving-bitcoin-mining/

“When the difficulty doesn’t change, but the hashing power shuts down immediately, there will be no next block. If, after the halving, the price does not go up, but the prices goes down, [there] will be heartache. It means no next block, no blockchain, all of the blockchain will be shut down immediately.”

I'm sure Blockstream won't let that happen tho.

savetherainforest
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June 04, 2016, 05:54:42 PM

Nice Crisis coming for the Halving, Good FUD to trade on  Cheesy


http://www.coindesk.com/crisis-halving-bitcoin-mining/

“When the difficulty doesn’t change, but the hashing power shuts down immediately, there will be no next block. If, after the halving, the price does not go up, but the prices goes down, [there] will be heartache. It means no next block, no blockchain, all of the blockchain will be shut down immediately.”

Nice some Bitcoin soap opera! .. Maybe now we will get some media coverage! Media bear trap alert!
Assmaster2000
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June 04, 2016, 06:01:02 PM

Thanx for the drop guys bears

I am all in ! Cool
 now CCMF!

[img ]http://trains, rockets, etc.
No prob, Friendo!
Considerate Rupert helps Honey Badger
       dig his own fucking grave


MinermanNC
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June 04, 2016, 06:15:44 PM

Nice Crisis coming for the Halving, Good FUD to trade on  Cheesy


http://www.coindesk.com/crisis-halving-bitcoin-mining/

“When the difficulty doesn’t change, but the hashing power shuts down immediately, there will be no next block. If, after the halving, the price does not go up, but the prices goes down, [there] will be heartache. It means no next block, no blockchain, all of the blockchain will be shut down immediately.”
Nah, he is painting the worst case scenario. I think so long as miners are at no less than a break even, and there is signs of a slow but steady price rise, then most will hang in and see where it goes. I don't see suddenly 300 PH dropping the day of halving.

Sure some will turn off their miners and wait it out, but would be spotty and mostly small home miners more than likely. Now if BTC is around 400 ish or worse at halving then there could be a real "problem Houston" But given where we are today in price..... I don't see a hard fork and all the other gloom and doom.

BTC is still the anchor for Alts such as Eth and so on.... now that could flip at some point? Eth becomes the new anchor in crypto, but unlikely  Wink
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