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Poll
Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26485193 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.)
rjclarke2000
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June 21, 2016, 06:23:43 PM

Back to 4 fucking 50 it is then.
SnokkomBTC
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June 21, 2016, 06:25:29 PM

this is not gentlemen .....
SnokkomBTC
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June 21, 2016, 06:27:32 PM

fucking whales
ahpku
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June 21, 2016, 06:28:55 PM

We just dropped through that trendline. This may be about to get nasty.

This is all so completely unexpected Roll Eyes
podyx
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June 21, 2016, 06:29:14 PM

infofront (OP)
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June 21, 2016, 06:30:44 PM

On the bright side, people are likely to have one more good buying opportunity before moon.
TReano
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June 21, 2016, 06:31:10 PM

seems like it's much more likely that we reach my <480 prediction then all the 1k predictions on the poll here :>

gg
popovicbit
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June 21, 2016, 06:32:55 PM

I am actually glad in it going down a bit. I don't think strong pumps based on pure speculation is healthy for bitcoins perception.
MySecondCunt
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June 21, 2016, 06:36:44 PM

[...]
Because fundamentals. The implosion is not a question of if, but when.
That said, we might see a bit of an upblip today, but down below current price within 48hrs.

Did I say possible upblip?
Is it too late to retract that piece of irrational optimism?
dumbfbrankings
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June 21, 2016, 06:37:09 PM

Weeks of euphoric grinding to new and exciting heights, then one day of watching your dreams dashed on the rocks below.

Welcome to Bitcoin!, gentlemen.

DARKHOLDER
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June 21, 2016, 06:37:19 PM

seems like it's much more likely that we reach my <480 prediction then all the 1k predictions on the poll here :>

gg
Hope You are wrong Grin
belmonty
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June 21, 2016, 06:39:07 PM

I think it's bullish in the long run. Last year Bitfinex flash crashed down to about $150 and two months later the price mooned to $500. None of the other exchanges flash crashed so low. Today Bitfinex going offline sparked this dump, and I wonder if there will be another moonshot in two months from now. Bitfinex starting a flash crash can precede a moonshot.
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June 21, 2016, 06:42:59 PM

JimboToronto
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June 21, 2016, 06:43:53 PM

LOL Seems Finex is back to its old tricks. Walls popping up and down like Whack-a-Mole.  Grin

Too bad I didn't procrastinate this morning. I could have saved $20. There are a couple of places with BTC ATMs between my place and the SkyDome and I received a little more cash this afternoon so maybe I'll get lucky and get to buy another half coin on my way to the game tonight.
JayJuanGee
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June 21, 2016, 06:46:14 PM

A correction which was due, but triggered early by Finex panic, perhaps. Either way, up from here.

Not so fast, a correction like this is not resolved within a day. I expect at least a double bottom and perhaps a deeper correction to $610 level or $570. Could take 2 more weeks or longer before we resume the uptrend.

Typically, the market builds a triangle that breaks up. But I believe that mini-rally will become a bit of a bull trap. Wink


A few days ago, it was beginning to seem that bears were almost out of a job, but now they are back, and have a little place in our volatility community.

Surely, we cannot always have up, and even honest bears (to the extent that there are any) are going to admit that remain in a bull trend (probably at least with prices not dipping below the mid-$500s) yet current and pending question remains how much more of a correction are we going to have, here.
MySecondCunt
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June 21, 2016, 06:51:38 PM

I think it's bullish in the long run. Last year Bitfinex flash crashed down to about $150 and two months later the price mooned to $500. None of the other exchanges flash crashed so low. Today Bitfinex going offline sparked this dump, and I wonder if there will be another moonshot in two months from now. Bitfinex starting a flash crash can precede a moonshot.

I think that's how all markets work. The faster and harder prices crash, the more bullish people become.
That's why some traders offed themselves back in '29, when the market crashed. They couldn't handle becoming so fabulously wealthy Sad
DaRude
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June 21, 2016, 06:53:51 PM

Silly kids it's just longs taking profit, fallout from the Finex network meltdown. I'm not glad that it's going down. But i'm ecstatic that $5.6MM in longs have closed  Wink if we keep above $650 when $3MM more close that would be gentleman.
Dotto
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June 21, 2016, 06:56:00 PM
Last edit: June 21, 2016, 07:08:27 PM by Dotto

We are having an improbable perfect storm from so many points of view happening in our faces.

Im guessing we hadn´t see the bottom yet, my crystal ball says 617. Then, with the longs smashed, time to quickly coming back to the 700-800 area and beyond.

Healthy
rjclarke2000
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June 21, 2016, 06:56:18 PM

$32,000 tomorrow Adam?
JimboToronto
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June 21, 2016, 07:03:43 PM

Are we down to single digits yet? Aw, not even double digits?  Roll Eyes
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