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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 10 (6.8%)
H2 2019 - 15 (10.2%)
H1 2020 - 28 (19%)
H2 2020 - 26 (17.7%)
H1 2021 - 12 (8.2%)
H2 2021 - 28 (19%)
H1 2022 - 6 (4.1%)
H2 2022 - 4 (2.7%)
H1 2023 - 0 (0%)
H2 2023 - 3 (2%)
2024 or Later - 15 (10.2%)
Total Voters: 147

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21288833 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. (102 posts by 19 users deleted.)
RealMachasm
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March 30, 2018, 10:20:06 AM
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Trust me guys, it's all over.
The same people that pushed the price up to its ATH by buying at any price with their printed fiat are now unloading for peanuts.
We all know who 'those'  people are.
Did you really think they'd sit back and let digital currencies end their bankster system that the whole world is enslaved to?

This doesn’t make sense to me.
I can understand how the price could be manipulated by buying a shitload of BTC in the Non/Dec ‘17 run up and then causing panic by dumping it all. But there s a finite number of coins available right? So the manipulators (whoever they may be) can only dump the coins they had when they bought right?
If I am not mistaken, those coins are now in the hands of other people (Holders, minnows, suckers, call them what you like). So the distribution of BTC continues.
The value for those people isn’t always measured in dollars. For many it is about the fundamentals of what Bitcoin is. You can still send some value (whatever that is) to someone else halfway across the world almost instantaneously and with little to no fee. Cutting out the greedy banks and being fully responsible for your own wealth.
These fundamentals have not changed, in fact, it is now even stronger. LN, rootstock and larger and larger infrastructure (more atms etc).
If people are just trying to make a quick buck then watching the value against the dollar like this is probably going to freak you out.
Staying cool and believing that Bitcoin will see us to a brighter future long term is a much less stressful existence.
Hey, look at where we were this time last year or even two years ago!
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Majormax
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March 30, 2018, 10:26:34 AM




Starting to look like that....all the friends and relatives are 'piling on' that I am an Idiot..and that I should sell, sell, sell it all!

Luckily, (or unluckily depending on how low BTC and ALTS dump) ...I am essentially 'immune' to peer pressure on such...however...they are sooooo wound up about it

I may cause a couple coronary's among my friends... (hmmmm)

....1.  For the vulnerable ones : Tell 'em you sold your BTC 'to avoid total loss'. Then try (!) not to mention it again. They will soon forget about it. ... Flaw : Impossible for you to keep quiet in future....


Here lies my confusion... WTF does it matter if I take a flyer on crypto?

....2.   Pretend the price is now at 2k, with alts worse. Add up your total crypto worth. Not worth selling now ? Just Hodl and concentrate on other stuff. Hell, you must have taken this sort of risk again and again since 2013.  as you say , does it matter ?...

it is that 1.5 billion USD hanging out there from mt. gox that is the cause of all this IMHO




...I dont think MtGox is an issue.  This is just a Bear Market/ Crypto Winter that was ready to roll anyway. It may need 2 years + to shake out all the weak hands. Think 2014... not a pleasant thought, but we made it through that one. (how did you manage then  ?)
 

Sell a very little now and again if you want to make yourself feel better. Then just hunker down.

I have 2 fulltime businesses to run (unconnected with Crypto), so my attention was fully taken in 2014-16.  Start a new venture.


Just my 2c
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March 30, 2018, 10:33:51 AM

Already old news? 3 hrs ago

https://twitter.com/whalepool/status/979535185321570304
Looks like @OKEx_ will be rolling back balance data to Hong Kong 5:00, March 30
They will settle all the open interest and issue new contract and resume by 15:30 Hong Kong time
This is the proper decision. Total deviation occurred at this point. Fair outcome.



So let's recap:

1. OKEx announces that it will halt BCH trading because of admitting to low liquidity.

2. Whale traders smell weakness and assume that OKEx has very low liquidity across ALL cryptocurrencies trading including Bitcoin. (We know they're basically wash trading everything)

3. Whale traders go running the stops on Bitcoin Futures.

4. Leveraged longs get massively liquidated.

5. Some leveraged longs whine, complain, and feign suicide.

6. In response, OKEx decides to roll back trades.

7. WTF? Seriously??
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March 30, 2018, 10:37:20 AM

We should still expect to take a shit kicking on Saturday night

Rsi is so fcjkin low. How much lower is it gonna go? Bears got some balls.
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BTFD, on to 15K a coin !!!!


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March 30, 2018, 10:40:42 AM

Down 2000 , up 500
rinse and repeat.

Yeah, whatever everybody is saying on charts and..... its a fact that for the moment the market given us a pump little higher than the last one and dips down to pump again but allways with little lower ending .....  i don’t have a problem with This , i Just hope its breaks out and don’t give to much chance to the f****** Guy’s that knows better and allways telling me i read in the articles BTC is Going to go to 2K and then i Will buy iT and blabla while they have such a Nice uppertunity to start buying allready , i even would hate iT if Some of the f**** buy @this prices please leave them in the dust , all these i know better Guy’s whitout any longterm picture....
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March 30, 2018, 10:54:32 AM

And still there will be people repeating like parrots that this is not a bear market.

Dozens upon dozens of new threads of panicked newbies spamming every day in this forum, and they will say it is not a bear market.

And dont think you can comfort them by talking about the price of two years ago, if these newbies arrived only two months ago. They will panic anyway, as they are losing money.
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March 30, 2018, 11:00:31 AM

This start of the year was bad.
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March 30, 2018, 11:03:46 AM

Most of the ppl in Crypto (speculation) have a very short time horizon.  A days action may seem like a lot.

They find it difficult to see the longer term picture. That is why there is so much conflicting opinion.


A view on price always has the caveat of a time frame.
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March 30, 2018, 11:12:43 AM

Damn that's pure madness going on. The worse part is, we will follow the same pattern as 2014, wich could lead to a price of 2k in the end of 2018 and could hover there till 2020. Same shit going on as 2014 where they pumped it to 1200 and then crashed all the way down to 200.


Starting to look like that....all the friends and relatives are 'piling on' that I am an Idiot..and that I should sell, sell, sell it all!

Luckily, (or unluckily depending on how low BTC and ALTS dump) ...I am essentially 'immune' to peer pressure on such...however...they are sooooo wound up about it

I may cause a couple coronary's among my friends... (hmmmm)


Anyway, back to my original plan ..which also drives them crazy...



brad

These are the fools the whales make a living off of by shaking the tree, then they will fomo during the recovery and buy at the top again. Lol
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March 30, 2018, 11:16:47 AM
Last edit: March 30, 2018, 12:09:57 PM by cofefeGandalf

Down 2000 , up 500
rinse and repeat.

Yeah, whatever everybody is saying on charts and..... its a fact that for the moment the market given us a pump little higher than the last one and dips down to pump again but allways with little lower ending .....  i don’t have a problem with This , i Just hope its breaks out and don’t give to much chance to the f****** Guy’s that knows better and allways telling me i read in the articles BTC is Going to go to 2K and then i Will buy iT and blabla while they have such a Nice uppertunity to start buying allready , i even would hate iT if Some of the f**** buy @this prices please leave them in the dust , all these i know better Guy’s whitout any longterm picture....

Don't worry, these kind of people don't have the balls to buy if it actually goes down to 2k. For them bitcoin is always either "to expensive right now" or "bitcoin is dead".

At the same time they bitch about how bitcoin is easy money, bitcoiners were just lucky, blablabla, yet they fail on making any "easy money" from bitcoin themselfes, it's hilarious.
micgoossens
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BTFD, on to 15K a coin !!!!


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March 30, 2018, 11:19:47 AM

Yeah that’s about right to  Wink
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March 30, 2018, 11:30:03 AM

Do bears get any memes? Bulls have trains and rockets. What do bears have - dump trucks?
micgoossens
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March 30, 2018, 11:31:44 AM

This start of the year was bad.

No.... you would think...?
I was Just remembring a post of you last year @ Another dump When everybody was talking about panicSELLING, you came up with the term i am panicBUYING all the way down didn’t see you post simullar things again i tought iT was hillarious and super Nice post..... after When iT was pumping you qouted with i am a legend  Cool
Hope you still got the same strategy down in youre stumage
 Roll Eyes
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March 30, 2018, 11:35:11 AM

Do bears get any memes? Bulls have trains and rockets. What do bears have - dump trucks?

Wile E Coyote rocket crashing...
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March 30, 2018, 11:37:29 AM

socialist heroes

micgoossens
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BTFD, on to 15K a coin !!!!


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March 30, 2018, 11:37:40 AM

Mmmm tommorrow the poll Will be closing more to 7k than 13k
F*** my life but BTFD , hodl ....., offcourse with my tattoo i am forced to hodl down every road BTC goes
LFC_Bitcoin
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March 30, 2018, 11:41:18 AM

How much lower can this go, I don’t want to be seeing below $6,000 but it really wouldn’t surprise me. We’ve been in free fall for months.
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March 30, 2018, 11:51:00 AM
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Most of the ppl in Crypto (speculation) have a very short time horizon.  A days action may seem like a lot.

They find it difficult to see the longer term picture. That is why there is so much conflicting opinion.


A view on price always has the caveat of a time frame.



Its not only that. There is always this menace that bitcoin will be crushed to the ground by speculators, banks and governments, and will never rise again. Everytime someone talks about "regulation" is always posed as a threat, even if it would mean only regulating exchanges to halt crashes like this.

And when the bears made predictions, they always extend the timeframe of their bear market, to convince people their long positions are threatened. The bears use as a base for their predictions the Mt.Gox crash, which caused the 2013-2015 bear market, giving the impression it was three years, when in fact it was one year and some months (from last months of 2013 to first months of 2015). This is hammered constantly, and people are afraid to buy and lose money in the next day, which pushes the price down as there is no buying volume. Without this volume the price wont recover.

However, this is not 2014. We are in a different situation. There was no LN in 2014, no futures markets, no G20 hearings. You could not buy a car with bitcoin in 2014. So this bear market can revert at any minute, and no bear can predict it.

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March 30, 2018, 11:51:43 AM

Banksters still have that Tether joker in their hands. If that one pops, probably back to 3 digits?
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March 30, 2018, 11:57:20 AM

Most of the ppl in Crypto (speculation) have a very short time horizon.  A days action may seem like a lot.

They find it difficult to see the longer term picture. That is why there is so much conflicting opinion.


A view on price always has the caveat of a time frame.



Its not only that. There is always this menace that bitcoin will be crushed to the ground by speculators, banks and governments, and will never rise again. Everytime someone talks about "regulation" is always posed as a threat, even if it would mean only regulating exchanges to halt crashes like this.

snip


And that's why Ripple is a better investment.

That's what I was told lol Grin
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