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Question: Closing BTC Price June 28:
$0 - 5 (3.5%)
<$7,000 - 4 (2.8%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.7%)
$8,500-$8,999 - 3 (2.1%)
$9,000-$9,499 - 4 (2.8%)
$9,500-$9,999 - 26 (18.3%)
$10,000-$10,499 - 23 (16.2%)
$10,500-10,999 - 12 (8.5%)
$11,000-$11,499 - 13 (9.2%)
$11,500-$12,000 - 10 (7%)
>$12,000 - 30 (21.1%)
>$20,000 - 11 (7.7%)
Total Voters: 142

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21241083 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.)
RayX12
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March 29, 2018, 04:25:41 PM

Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   Roll Eyes Roll Eyes

Plus all the nervous retirees that cant wait another year!
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March 29, 2018, 04:32:39 PM

I would gladly trade places with romneymoney...

The picture still isn't inconsistent with a more rapid recovery. I'd like to see a bottom by May-June time, preferably above $4K. A repeat of 2014 can't exactly be waved off either, but it seems almost a little too obvious and easy? Maybe I'm overcomplicating my analysis, but if there's one thing I've learnt from Bitcoin, it's that price rarely treads the easy path.
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March 29, 2018, 04:39:00 PM

I would gladly trade places with romneymoney...

The picture still isn't inconsistent with a more rapid recovery. I'd like to see a bottom by May-June time, preferably above $4K. A repeat of 2014 can't exactly be waved off either, but it seems almost a little too obvious and easy? Maybe I'm overcomplicating my analysis, but if there's one thing I've learnt from Bitcoin, it's that price rarely treads the easy path.
True, which is why I chose january in the first place, thinking a end of 2013 type of scenario might be in the cards. At the moment I would place a higher chance on the recovery taking a longer time though. However fundamentally things are certainly looking fine.
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March 29, 2018, 04:47:43 PM

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   Roll Eyes Roll Eyes

Hey guys look, JJG is soooo smart! He just adds the sarcasm and eyeroll emoji and it means that he's right!

In fact he's always right! About everything! Let's all bow down the the master crypto god here!

(an annoying little narcissistic fuck... not much better than a troll)

EDIT: Fuck off JJG, really

EDIT #2: Not suffering the fools and idiots that hang out here any longer. Time to clean house.
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March 29, 2018, 04:50:08 PM

There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice.

Yeah, nothing to see here.



Can someone explain the expected effect of the end of these contracts on the market the coming days (say, beginning of april) to this newbie?
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March 29, 2018, 04:53:59 PM

Bitfinex Announces Addition of New Fiat Pairs; Adds Support for British Pounds & Japanese Yen

http://blog.bitfinex.com/announcements/fiat-trading-pair-additions/
LFC_Bitcoin
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March 29, 2018, 04:55:02 PM

Bitfinex Announces Addition of New Fiat Pairs; Adds Support for British Pounds & Japanese Yen

http://blog.bitfinex.com/announcements/fiat-trading-pair-additions/

Bullish
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March 29, 2018, 05:02:11 PM

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   Roll Eyes Roll Eyes

Hey guys look, JJG is soooo smart! He just adds the sarcasm and eyeroll emoji and it means that he's right!

In fact he's always right! About everything! Let's all bow down the the master crypto god here!

(an annoying little narcissistic fuck... not much better than a troll)

EDIT: Fuck off JJG, really

ED ::)IT #2: Not suffering the fools and idiots that hang out here any longer. Time to clean house.

 Roll Eyes
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March 29, 2018, 05:03:51 PM

it's hilarious how people gets ratty here when the price goes down
Edit: Roll Eyes
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March 29, 2018, 05:10:28 PM

Can't believe that anno 2018 I am still able to casually buy a whole bitcoin, another one into the jar!
Looking forward high-fiveing future me.
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March 29, 2018, 05:14:31 PM

(...) arguing on who is more retarded.

bitcoin fans posting in a bitcoin forum or trolling bitches opening and maintaining accounts in a bitcoin forum just to tell everyone all the time that bitcoiners are retarded? just fuck off, masochism is not good for you.
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March 29, 2018, 05:14:48 PM

it's hilarious how people gets ratty here when the price goes down
Edit: Roll Eyes

Problem with that?

I'm watching you...



One more step out of line and your eyes'll be scratched out.
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March 29, 2018, 05:16:07 PM

Can someone explain the expected effect of the end of these contracts on the market the coming days (say, beginning of april) to this newbie?

The effect is that since they're "unbacked" (it's just a money game), those with the deepest pockets can move their price however they like, like they have been doing with precious metals.
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March 29, 2018, 05:18:25 PM

Bitfinex Announces Addition of New Fiat Pairs; Adds Support for British Pounds & Japanese Yen

http://blog.bitfinex.com/announcements/fiat-trading-pair-additions/

Bullish

I'm giving bitcoin few more hours to cross $7750 at least, if it doesn't cross that within a few hours, I'm declaring this bearishness "serious" and it could last longer than we expect. This announcement of Bitfinex should've proved to be more bullish than the output we received till now.
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March 29, 2018, 05:21:11 PM

Can someone explain the expected effect of the end of these contracts on the market the coming days (say, beginning of april) to this newbie?

The effect is that since they're "unbacked" (it's just a money game), those with the deepest pockets can move their price however they like, like they have been doing with precious metals.

Thanks.
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March 29, 2018, 05:23:26 PM
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Bitfinex Announces Addition of New Fiat Pairs; Adds Support for British Pounds & Japanese Yen

http://blog.bitfinex.com/announcements/fiat-trading-pair-additions/

Bullish

I'm giving bitcoin few more hours to cross $7750 at least, if it doesn't cross that within a few hours, I'm declaring this bearishness "serious" and it could last longer than we expect. This announcement of Bitfinex should've proved to be more bullish than the output we received till now.

But serious question though: why would you consider this bullish?

1. Bitfinex is considered one of the shadiest exchanges

2. The Japanese have their own exchanges

3. We are in a downtrend. Even positive news gets ignored.
Raja_MBZ
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March 29, 2018, 05:31:52 PM

Bitfinex Announces Addition of New Fiat Pairs; Adds Support for British Pounds & Japanese Yen

http://blog.bitfinex.com/announcements/fiat-trading-pair-additions/

Bullish

I'm giving bitcoin few more hours to cross $7750 at least, if it doesn't cross that within a few hours, I'm declaring this bearishness "serious" and it could last longer than we expect. This announcement of Bitfinex should've proved to be more bullish than the output we received till now.

But serious question though: why would you consider this bullish?

1. Bitfinex is considered one of the shadiest exchanges

2. The Japanese have their own exchanges

3. We are in a downtrend. Even positive news gets ignored.

That's all true, but still, hype plays a heck of role in pumping, and news like this from Bitfinex (even though it's one of the shadiest exchanges, but still it plays a lot of role in creating hypes) should've pumped bitcoin by at least like $300 or so.
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March 29, 2018, 06:21:43 PM

.....
3. We are in a downtrend. Even positive news gets ignored.

Means the bottom is in and only a matter of time before price moves significantly higher.  Grin
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March 29, 2018, 06:24:49 PM

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March 29, 2018, 06:25:17 PM

.....
3. We are in a downtrend. Even positive news gets ignored.

Means the bottom is in and only a matter of time before price moves significantly higher.  Grin

It means we are in a downtrend, even positive news gets ignored. There's no telling where the floor is. If you go out dancing you better bring your own rug.
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