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Question: Sept. 21 Closing Price:
$0 - 3 (3.8%)
<$8,000 - 4 (5%)
$8,000-$8,500 - 1 (1.3%)
$8,500-$9,000 - 1 (1.3%)
$9,000-$9,500 - 2 (2.5%)
$9,500-$10,000 - 5 (6.3%)
$10,000-$10,500 - 15 (18.8%)
$10,500-$11,000 - 15 (18.8%)
$11,000-$11,500 - 17 (21.3%)
$11,500-$12,000 - 5 (6.3%)
>$12,000 - 7 (8.8%)
>$20,000 - 5 (6.3%)
Total Voters: 80

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21366662 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. (106 posts by 21 users deleted.)
solex
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May 01, 2013, 10:07:29 AM
 #2581

Markets are strange beasts, they like to thoroughly sample every price up and down, lots and lots of times.

The market explored the area $90-$95 very well, (just like before the April 11th peak). It then shot from $97 to $135 very quickly. Although it has explored back to $125 quite well, it has not done the region $97 to $125 since. It seems like it wants to spend time in that range, at least around $115, before the next main trend kicks off.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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rpietila
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May 01, 2013, 10:14:07 AM
 #2582

this means bullish for the long-term, which i can agree with. unfortunately we are severely short-term overbought, are in the midst of a minibear, and are encroaching on an extremely important mid-term support. if you really want the market to do what you want, take your cash and put a wall at $120, else we'll possibly crash right through later today.

Well, since I think the number of bitcoins is important, and not the price of them:

- I have already invested all I have, in bitcoin; a BTC500 worth of puts written is the most I can do today.

- I could not care less if it crashed to $10; probably I would just work a little more (to earn more bitcoins as I can earn more per hour), and spend a little less time just living luxuriously for the testimony (which is the more expensive, the lower USD/BTC rate is, as costs are measured in dollars).

I will soon go to the spa wing. Nobody bit the offer for cheap puts Sad
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this statement is false


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May 01, 2013, 10:14:36 AM
 #2583

Markets are strange beasts, they like to thoroughly sample every price up and down, lots and lots of times.

The market explored the area $90-$95 very well, (just like before the April 11th peak). It then shot from $97 to $135 very quickly. Although it has explored back to $125 quite well, it has not done the region $97 to $125 since. It seems like it wants to spend time in that range, at least around $115, before the next main trend kicks off.

that seems to be where we're heading:

solex
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May 01, 2013, 10:38:23 AM
 #2584

Markets are strange beasts, they like to thoroughly sample every price up and down, lots and lots of times.

The market explored the area $90-$95 very well, (just like before the April 11th peak). It then shot from $97 to $135 very quickly. Although it has explored back to $125 quite well, it has not done the region $97 to $125 since. It seems like it wants to spend time in that range, at least around $115, before the next main trend kicks off.

that seems to be where we're heading:



Agreed. Those weekly candles clearly show the market stabilizing after a buying ramp which got out of control. Personally,I expect a slow climb from $100, perhaps regaining the $266 high, and keeping it, by the end of this year.

- I could not care less if it crashed to $10;

I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.
rpietila
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May 01, 2013, 10:41:00 AM
 #2585

- I could not care less if it crashed to $10;
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink
stereotype
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May 01, 2013, 10:42:05 AM
 #2586

this means bullish for the long-term, which i can agree with. unfortunately we are severely short-term overbought, are in the midst of a minibear, and are encroaching on an extremely important mid-term support. if you really want the market to do what you want, take your cash and put a wall at $120, else we'll possibly crash right through later today.

Well, since I think the number of bitcoins is important, and not the price of them:

- I have already invested all I have, in bitcoin; a BTC500 worth of puts written is the most I can do today.

- I could not care less if it crashed to $10; probably I would just work a little more (to earn more bitcoins as I can earn more per hour), and spend a little less time just living luxuriously for the testimony (which is the more expensive, the lower USD/BTC rate is, as costs are measured in dollars).

I will soon go to the spa wing. Nobody bit the offer for cheap puts Sad

I nearly bit. Whats the current put price/fee?
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May 01, 2013, 10:44:14 AM
 #2587

- I could not care less if it crashed to $10;
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink

Whatever man, maybe at that spa you will develop a new coin that will fullfil your delusion of grandeur  Cool
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May 01, 2013, 10:47:04 AM
 #2588

- I could not care less if it crashed to $10;
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink

Whatever man, maybe at that spa you will develop a new coin that will fullfil your delusion of grandeur  Cool

Tell me when he does, I would love a coin from my favourite speculator.
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May 01, 2013, 10:50:15 AM
 #2589

- I could not care less if it crashed to $10;
I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink

Whatever man, maybe at that spa you will develop a new coin that will fullfil your delusion of grandeur  Cool

"delusion of grandeur " I love that phrase. I used it on a past girlfriend once. Being the narcissist that she was, she didnt have a clue what it meant!
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May 01, 2013, 10:50:58 AM
 #2590

I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

In late 2011, I thought we'd never see prices below $4. But we did.

I see single digits as a very real possibility in the next few months, although bottoming between $10 and $30 is more likely.
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this statement is false


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May 01, 2013, 10:52:34 AM
 #2591

I see single digits as a very real possibility in the next few months, although bottoming between $10 and $30 is more likely.

far too much demand, at this point... deflation is kicking in.

N12
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May 01, 2013, 10:54:06 AM
 #2592

I see single digits as a very real possibility in the next few months, although bottoming between $10 and $30 is more likely.

far too much demand, at this point... deflation is kicking in.


Dollar deflating against Bitcoin. Smiley
wachtwoord
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May 01, 2013, 10:55:10 AM
 #2593

I see single digits as a very real possibility in the next few months, although bottoming between $10 and $30 is more likely.

far too much demand, at this point... deflation is kicking in.


Dollar deflating against Bitcoin. Smiley

Fiat never deflates.
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May 01, 2013, 10:56:10 AM
 #2594

Tell that to the Japanese.
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May 01, 2013, 11:12:37 AM
 #2595

A lot of people selling. Right on time while I wait for my wire transfer to process.


Now everybody calm down and.... PANIC. Sell sell sell sell sell.
meanig
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May 01, 2013, 11:16:10 AM
 #2596

I do. Because if it ever got to that price again then it would be due to a major disaster with the Bitcoin protocol.

If the Bitcoin protocol goes beyond repair, we will develop a new coin, and the party will continue. I go to have a bath in the spa and then some dinner, see you in 2 hours! Wink

It is called LTC.

Bitcoin is Litecoins test trial.

When BTc got forked LTC users were not effected.

I thought Litecoin changed its name to Feathercoin.
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May 01, 2013, 11:22:29 AM
 #2597

I once bought some ltc, then sold it again because I didn't even find how to print a paper wallet for the long - run.
Zangelbert Bingledack
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May 01, 2013, 11:24:08 AM
 #2598

I once bought some ltc, then sold it again because I didn't even find how to print a paper wallet for the long - run.

http://liteaddress.org/
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May 01, 2013, 11:24:45 AM
 #2599

A lot of people selling. Right on time while I wait for my wire transfer to process.


Now everybody calm down and.... PANIC. Sell sell sell sell sell.

Who let you out of BTC-E...
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★Bitvest.io★ Play Plinko or Invest!


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May 01, 2013, 11:36:43 AM
 #2600

Markets are strange beasts, they like to thoroughly sample every price up and down, lots and lots of times.

The market explored the area $90-$95 very well, (just like before the April 11th peak). It then shot from $97 to $135 very quickly. Although it has explored back to $125 quite well, it has not done the region $97 to $125 since. It seems like it wants to spend time in that range, at least around $115, before the next main trend kicks off.

that seems to be where we're heading:

Time frame?
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