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Question: Closing BTC Price June 28:
$0 - 1 (1.7%)
<$7,000 - 2 (3.4%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (1.7%)
$8,500-$8,999 - 3 (5.1%)
$9,000-$9,499 - 4 (6.8%)
$9,500-$9,999 - 14 (23.7%)
$10,000-$10,499 - 12 (20.3%)
$10,500-10,999 - 3 (5.1%)
$11,000-$11,499 - 4 (6.8%)
$11,500-$12,000 - 4 (6.8%)
>$12,000 - 8 (13.6%)
>$20,000 - 3 (5.1%)
Total Voters: 59

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21231775 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. (66 posts by 16 users deleted.)
HairyMaclairy
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January 29, 2018, 09:41:32 PM

Agree with the previous post. The spam was designed to shake the tree. Bcash was never intended as a viable coin, it was just another tool to shake the tree.  

The long term goal was always to get their hands on our Bitcoin.

The Bcash gang has now realized they have shaken the tree a little too vigorously and allowed projects like Raiblocks and Ripple to get momentum.  They have no interest in these competing projects so ironically the efforts of the Bcash gang will now be directed at defending Bitcoin against the alts. Bcash will be abandoned, but not before two last pumps to drain further cash from the professional bagholders.

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January 29, 2018, 09:50:30 PM

[https://i.imgur.com/dJ4KgoR.png[/img]

Last year, there were only three red volume months; January, March and September. September dumped because of profit taking after Segwit activated last August 24.

However, Bitcoin quickly recovered and rallied to its peak during the launch of CME Futures last December 18. So basically, January 2018 is a month of profit taking by speculators who bought prior to the CME hype.

This February will define if Bitcoin will continue its uptrend to $33,000 after the January correction.

The monthly chart shows strong support along $10,000 which also a psychological level.

Daily chart
Some bullish traders are expecting a repeat of the fractal patterns made before.

On Balance volume indicates a steady stream of money coming in despite the price decline.

Hopeful bulls are waiting around the 200 day MA ($8,963) to buy in.

Trade setup:

Buy/long the breakup/breakout of the triangle.
Sell/short the breakdown of the triangle.

Buy along the 200 day Moving Average.


Do you have to be a paid member on Trading View to see the 200 day moving average?, because I was wanting to attempt to verify this for myself.  I have heard some folks proclaiming that the 200 day moving average is in the mid $7000s, and so your proclamation of a 200 day moving average to be nearly $9k is surely a better number, from my perspective (because it is higher).  But verification?  How to calculate it?
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January 29, 2018, 09:53:32 PM
Merited by JayJuanGee (1)

[https://i.imgur.com/dJ4KgoR.png[/img]

Last year, there were only three red volume months; January, March and September. September dumped because of profit taking after Segwit activated last August 24.

However, Bitcoin quickly recovered and rallied to its peak during the launch of CME Futures last December 18. So basically, January 2018 is a month of profit taking by speculators who bought prior to the CME hype.

This February will define if Bitcoin will continue its uptrend to $33,000 after the January correction.

The monthly chart shows strong support along $10,000 which also a psychological level.

Daily chart
Some bullish traders are expecting a repeat of the fractal patterns made before.

On Balance volume indicates a steady stream of money coming in despite the price decline.

Hopeful bulls are waiting around the 200 day MA ($8,963) to buy in.

Trade setup:

Buy/long the breakup/breakout of the triangle.
Sell/short the breakdown of the triangle.

Buy along the 200 day Moving Average.


Do you have to be a paid member on Trading View to see the 200 day moving average?, because I was wanting to attempt to verify this for myself.  I have heard some folks proclaiming that the 200 day moving average is in the mid $7000s, and so your proclamation of a 200 day moving average to be nearly $9k is surely a better number, from my perspective (because it is higher).  But verification?  How to calculate it?
On a TradingView graph, click on the "Indicators" button at the top. It's the one with the bars and a zigzag line. A menu comes up, Moving Average is one of the possible choices.

After you OK it, your graph has the moving average added. Not sure about the defaults -anyway, if doesn't show the 200-day MA, but some other length, you've got to click on the cog button in the upper left near the new Moving Average label. You can choose 200 (if you're looking at the daily chart), and there it is.
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January 29, 2018, 09:58:36 PM

- I feel like I am devolving from BTC price speculation down to random brainstorming regarding energy generation speculation with little to no grounding.    Cry Cry
I am detecting some cognitive dissonance reading thru the last several pages.

What else is new in regards to this thread?



Reminds me of someone.   Cheesy Cheesy
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January 29, 2018, 10:01:13 PM

Reminds me of someone.   Cheesy Cheesy
... who's been silent lately.
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January 29, 2018, 10:05:20 PM

lightning has more nodes than btrash Cool
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January 29, 2018, 10:05:31 PM
Last edit: January 29, 2018, 10:24:09 PM by ivomm
Merited by yefi (1), xhomerx10 (1), rolling (1), mfort312 (1)

This video is hilarious. Roger Ver finds out about Lightning Network: (turn subtitles on)
 
https://www.captiongenerator.com/875482/Roger-Finds-out-about-Lightning-Network#.Wm-H26SJ3do.twitter
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January 29, 2018, 10:15:43 PM
Merited by jojo69 (1), d_eddie (1)

They sound absolutely delightful.

What do they have to do, or what can they do, with Bitcoin? What does Bcash gain from sending them silly emails?

Well.."they" can do what ever the hell they like of course..but this is an actually fairly important "spoke" in the nonmesh topology of the government.
The "hub" that NIST connects to is the US Dept. of Commerce. "Among its tasks are gathering economic and demographic data for business and government decision-making."
Seeing that "they" receive accurate and unbiased information about the history, the current state and the political in-fighting of bitcoin is probably a good idea.

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January 29, 2018, 10:19:34 PM
Merited by yefi (1)

Going back to the network spam clearing up.

So… going theoretical here…  Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash.  The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative.  At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention.  This seemed pretty effective at the time.  Keep in mind this all occurred during arguably record high entrance to the market by newcomers.

After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions.  This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times.  I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions.  The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).

There is little benefit to spamming the network now as many others on here have theorized.  Not to mention how costly it must have been to spam the network…  That money would be better spent say… pumping bcash again to gain interest in a market where Bitcoin is moving sideways and “becoming boring”.  You heard it here first… bcash pump inbound.


Wanna hear my theory? That in 2017 the flippening into alts, constant bitcoin spamming, FUD, and eventual creation of BCash were all related... a deliberate, multi-faceted, year long campaign that was well planned in advance. Whales and hedge funds started the crazy Bitcoin volatility and FUD all the way back in Jan 2017, and did it for one purpose: for all of the year, to shake as many people out and away from Bitcoin because they already knew that Bitcoin Futures were coming online in December (they are insiders after all -- and insiders know things well in advance of the public). And they couldn't just run the market straight up, that's not how big players take long positions. They were constantly pumping and shorting the whole time, all the while slowly ramping it up and building their long position over an entire year.

It's pretty obvious in hindsight. And if I'm right about this, then we should start to see alts slowly and almost imperceptibly bleed back into the Bitcoin market over time. We may even see a few "controlled demolitions" of some alts here and there, and their markets likely won't recover to previous ATHs after that.


You could be wrong, and the same results of alt money flowing back into bitcoin will take place.

I pretty much agree with what you said, except for the preplanned nonsense... you got so much of this fatalism in your theory that it causes your overall presentation, here, to be less convincing, except for like numerology conspiracy theorists... hahahahahhaha

Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty.  Tongue
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January 29, 2018, 10:23:22 PM

What the fuck is this nist place and why does it have any importance?

National Institute of Standards and Technology

you know...the people with the clock on 10MHz

And the same who invented the "pancake theory" of 9/11, I seem to remember.
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January 29, 2018, 10:24:27 PM



You could be wrong, and the same results of alt money flowing back into bitcoin will take place.

I pretty much agree with what you said, except for the preplanned nonsense... you got so much of this fatalism in your theory that it causes your overall presentation, here, to be less convincing, except for like numerology conspiracy theorists... hahahahahhaha

Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty.  Tongue
agree. no one can plan anything any more.
note: no need to say pre-planning. planning is always -pre. postplanning is mopping up the mess. elision of 'planning' and 'preparing'
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January 29, 2018, 10:25:51 PM

*also people don't say 'resiliency' Angry it's resilience what's wrong with that?
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January 29, 2018, 10:36:42 PM

What the fuck is this nist place and why does it have any importance?

National Institute of Standards and Technology

you know...the people with the clock on 10MHz

And the same who invented the "pancake theory" of 9/11, I seem to remember.

https://www.nist.gov/el/faqs-nist-wtc-towers-investigation

News flash!  Gravity actually works!   who woulda thunk...
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January 29, 2018, 10:39:11 PM

Going back to the network spam clearing up.

So… going theoretical here…  Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash.  The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative.  At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention.  This seemed pretty effective at the time.  Keep in mind this all occurred during arguably record high entrance to the market by newcomers.

After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions.  This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times.  I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions.  The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).

There is little benefit to spamming the network now as many others on here have theorized.  Not to mention how costly it must have been to spam the network…  That money would be better spent say… pumping bcash again to gain interest in a market where Bitcoin is moving sideways and “becoming boring”.  You heard it here first… bcash pump inbound.


Wanna hear my theory? That in 2017 the flippening into alts, constant bitcoin spamming, FUD, and eventual creation of BCash were all related... a deliberate, multi-faceted, year long campaign that was well planned in advance. Whales and hedge funds started the crazy Bitcoin volatility and FUD all the way back in Jan 2017, and did it for one purpose: for all of the year, to shake as many people out and away from Bitcoin because they already knew that Bitcoin Futures were coming online in December (they are insiders after all -- and insiders know things well in advance of the public). And they couldn't just run the market straight up, that's not how big players take long positions. They were constantly pumping and shorting the whole time, all the while slowly ramping it up and building their long position over an entire year.

It's pretty obvious in hindsight. And if I'm right about this, then we should start to see alts slowly and almost imperceptibly bleed back into the Bitcoin market over time. We may even see a few "controlled demolitions" of some alts here and there, and their markets likely won't recover to previous ATHs after that.


You could be wrong, and the same results of alt money flowing back into bitcoin will take place.

I pretty much agree with what you said, except for the preplanned nonsense... you got so much of this fatalism in your theory that it causes your overall presentation, here, to be less convincing, except for like numerology conspiracy theorists... hahahahahhaha

Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty.  Tongue

Aww come on. We were having fun with our tinfoil hat theories and you had to go get all rational  Tongue
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January 29, 2018, 10:42:51 PM

- I feel like I am devolving from BTC price speculation down to random brainstorming regarding energy generation speculation with little to no grounding.    Cry Cry
I am detecting some cognitive dissonance reading thru the last several pages.

What else is new in regards to this thread?



Reminds me of someone.   Cheesy Cheesy

Reminds me of someone.   Cheesy Cheesy
... who's been silent lately.

conspirosphere.tk
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January 29, 2018, 10:44:22 PM

What the fuck is this nist place and why does it have any importance?

National Institute of Standards and Technology

you know...the people with the clock on 10MHz

And the same who invented the "pancake theory" of 9/11, I seem to remember.

https://www.nist.gov/el/faqs-nist-wtc-towers-investigation

News flash!  Gravity actually works!   who woulda thunk...

It's spelled "gravity", or (((gravity))).
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January 29, 2018, 10:46:06 PM

Why are we falling below 11k again? jesus
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January 29, 2018, 10:46:17 PM

wheeeeeee


?
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January 29, 2018, 10:53:29 PM

In order to be fully transparent I admit that the active Bitcoin (BTC) addresses have also dropped in this time
frame, but not by such a big percentage.
Old bitcoiners consolidating small amounts into segwit addresses?


Old bitcoiners are splitting their addresses (and going to segwit) as the old units are beginning to look cumbersome and revealing. You don’t want to flash a wad of €500 notes for a coffee in the dodgy side of town.
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January 29, 2018, 10:53:40 PM

Why are we falling below 11k again? jesus

still (((gravity))).
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