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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 26382645 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.)
gembitz
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May 10, 2017, 06:58:03 PM

I don't trust anything.

Neither do I.

This is why I prefer paper wallets. Even hardware wallets require trusting the hardware manufacturer.

With paper wallets you only need to trust yourself and mathematics.

^trust me this time  Wink haa
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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abercrombie
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May 10, 2017, 07:14:25 PM

hi guys, why isn't Bitcoin up another $100?

is crypto done??   Huh
julian071
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May 10, 2017, 07:14:57 PM

Gawd the last soul crushing epic dump was sooooo long ago! What's keeping those guys?
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May 10, 2017, 07:41:05 PM

You did calculate your paperwallets by hand with pencil and paper?  Shocked

No, I generate them on an internet-incapable computer and print them with a printer that has never been connected to an internet-capable computer. Printer spooling buffers can be hacked.


Anyways, you will probably need a computer and a software wallet to redeem them....

That's why I'm considering getting a Trezor... to use as a landing place when I break a paper wallet and reallocate the coins to new wallets.

Many of my older wallets contain multiple coins, including one with over 30 coins. That's a lot of money to risk by exposing it to the internet.

I learned my 50 coin lesson at MtGox. Never again.
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May 10, 2017, 08:00:31 PM

RSI is really overbought on the daily Bitstamp chart at 90. Last time RSI was 90 was back on January 3 the day before we had a $389 drop. $1780 was also an important Fibonacci extension. 
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May 10, 2017, 08:28:11 PM

Congratulations to all hold baggers.  If the fiat system were to collapse tomorrow, the premiere global digital payment system is now bit....litecoin.
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May 10, 2017, 08:50:11 PM

Congratulations to all hold baggers.  If the fiat system were to collapse tomorrow, the premiere global digital payment system is now bit....litecoin.

Lost money on any precious metals today?
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May 10, 2017, 08:53:48 PM

Ok, so hardware wallet: Trezor or Ledger? I heard about Case before, or is that too much?

There is also crypto steel, or metal wallets. (also plastic wallets, kiddy alphabet wallets, engraved wood or metal wallets, etc, whatever; they're all "paper".)
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May 10, 2017, 09:14:57 PM

hi guys, why isn't Bitcoin up another $100?

is crypto done??   Huh

We just crashed and burned from 1,780 to 1,760. Blood in the streets, man. People are rioting.
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May 10, 2017, 09:17:23 PM



This market. Relentless.
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May 10, 2017, 09:22:22 PM

Btc be like: shake shake shake
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May 10, 2017, 09:24:26 PM

Ok, so hardware wallet: Trezor or Ledger? I heard about Case before, or is that too much?

There is also crypto steel, or metal wallets. (also plastic wallets, kiddy alphabet wallets, engraved wood or metal wallets, etc, whatever; they're all "paper".)

Trezor IMO is better because the pin scrambling is easier to use and maybe more secure than relying on the nano cipher card thingy
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May 10, 2017, 09:48:26 PM

Congratulations to all hold baggers.  If the fiat system were to collapse tomorrow, the premiere global digital payment system is now bit....litecoin.

Lost money on any precious metals today?

So sad about the precious metals. Best way to not make money.

They are pretty shiny though. I still got some... sigh
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May 10, 2017, 10:00:09 PM

hi guys, why isn't Bitcoin up another $100?

Bank are slow to proceed wires.
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May 10, 2017, 10:05:43 PM

Is it me or do those walls around $1800 look a lot steeper than they did yesterday? Thoughts...
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May 10, 2017, 10:27:24 PM

It depends ...

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May 10, 2017, 10:33:38 PM

I have so much worthless fiat in my bank account, but Bitcoin seems too expensive to buy now. What a dilemma.

Sounds as if you are gambling too much and waiting too much.

You should create a plan in order how to invest that fiat and at what price points.

Let's say for example, you have an investment fund that includes the fiat in your bank that is about 50% bitcoin and about 50% fiat.... and maybe your dollar amount is $10k  (just using a round number).  Then, for example, you might allocate $2,500 to invest right away, and $2,500 to use for dollar cost averaging purposes - meaning to invest about $475 per month for the next 6 months, and then the remaining $5k would be held to attempt to time and to buy on a price drop.

I just gave one example... there are a lot of ways to devise a comfortable plan that makes you feel as if you have sufficient stake in the game and that you are not too much allocated in fiat.
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May 10, 2017, 10:37:41 PM




https://bitcointalk.org/index.php?topic=1907538.msg18949525#msg18949525



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May 10, 2017, 10:42:28 PM
Last edit: May 10, 2017, 10:55:24 PM by BlindMayorBitcorn

Good morning, gentlemen.  Still at it I see?



The good ole days.

I hope we can laugh about it now. He really was a professional.
JayJuanGee
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May 10, 2017, 10:46:15 PM

Price target of this week; $1600-$1800.
That is a pretty broad range.
It is, and so was $1200-$1600 and yet here we are.

Mission accomplished  Smiley

My crystalball tells me now that the price will go to max $1900 followed by a decent $100-$200 weekend dump.



O.k.  That is a bit better because it is a bit more specific, and I tend to agree with the decent likelihood of your prediction.
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