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Question: What do you think about more?
Sex - 49 (39.8%)
Bitcoin - 74 (60.2%)
Total Voters: 123

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21334271 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. (104 posts by 20 users deleted.)
infofront
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May 06, 2018, 03:58:13 AM

https://uk.investing.com/news/cryptocurrency-news/cryptocurrency-market-headed-for-massive-correction-1159217
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no FOMO


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May 06, 2018, 04:13:54 AM


What is a goyim?

non jooo
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May 06, 2018, 04:30:15 AM
Merited by Nivir (1)


Yep...price is pumping so now it it time to BRING OUT THE FUD!





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May 06, 2018, 04:43:18 AM

Lol at the bitcoin poll price results. It seems like people are wanting a huge pump in a short span of time. But surely these people are also the ones scared first of a major correction which is actually normal when a huge increase is inorganic.
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May 06, 2018, 04:44:55 AM

90% correction - from here, or from the top? I could see $2500. I can't see $1000.

I doubted them until they said ETH would rise to #1, they're totally legit  Kiss
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May 06, 2018, 04:50:06 AM

90% correction - from here, or from the top? I could see $2500. I can't see $1000.

I doubted them until they said ETH would rise to #1, they're totally legit  Kiss

well, if BTC dumps to 3k my altcoin hoard is 'dust' and I'll sell the works...BTC, the cat, and my Apple II collection...(cowards always have a way out) Sad

Likely my 'end game' would be to panic sell like a 12-year-old child.

My goal was/is to get by on crypto UNTIL full retirement and then take traditional Soc Sec and Investments then. 2.5 years to go! (Not

sure why I'm doing this..it is a goal I guess) Anyway, that would probably be my 'pucker factor' punt point...

( I really, really, like retirement...even at my somewhat 'dubious' suburban 'ghetto' income stream.......just saying, it dumps to 3k, for BTC, I'll crack

like a walnut!) Smiley






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May 06, 2018, 06:13:22 AM

I never understood why there is resistance? I dont get it, can somebody explain? 10k will break. Why are people building walls to hold it sub 10k as long as possible?

I never understood this too why people are selling during a bull run.

But the thing is

1) There are people who set a goal. "I bought at XX and will sell everything when it reaches 10.000"
2) Their are traders who sell and hope to crash the price by a few % and then buy back so they ultimately have more BTC
3) Wales make up sell walls (the 200 / 300 / 400 BTC walls you see) to keep the price below a certain level so they can buy all their BTC below a certain price. Once they are done they mostly lift their sell wall.

There are probably more reasons :-)
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May 06, 2018, 06:18:24 AM

https://twitter.com/BigRekts/status/993011628500234241

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May 06, 2018, 06:19:14 AM
Merited by mindrust (2)

I knew Ver would pump bcash so far. During the last failed attempts he lost 1/2 of his wealth. Let's hope he will lose the other half soon. Anyone buying this shit at these prices must be crazy. In a week or two bcash will lose 80%. And especially if the rumors are true that MtGox trustee made a deal with kraken to sell only bcash to repay creditors during the bankruptcy proceedings.

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May 06, 2018, 06:42:08 AM

I never understood why there is resistance? I dont get it, can somebody explain? 10k will break. Why are people building walls to hold it sub 10k as long as possible?

I never understood this too why people are selling during a bull run.

But the thing is

1) There are people who set a goal. "I bought at XX and will sell everything when it reaches 10.000"
2) Their are traders who sell and hope to crash the price by a few % and then buy back so they ultimately have more BTC
3) Wales make up sell walls (the 200 / 300 / 400 BTC walls you see) to keep the price below a certain level so they can buy all their BTC below a certain price. Once they are done they mostly lift their sell wall.

There are probably more reasons :-)
'Sell into green' is a popular trader slogan in the rest of the world. These people aren't viewing this as a real bull run. They are viewing it as another dead glade bounce, perhaps the last one before the descent to new lows, and the last chance to sell. Perhaps they bought around 10K and swore they would sell around here. They will settle for 10K to sell their boatloads of coins and would rather not try to wait for the final top. The turn around from the top is likely to be violent and they may miss it, after which there may not be enough liquidity to sell large amounts of coins on the way down. 
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May 06, 2018, 06:47:06 AM

Perhaps they bought around 10K and swore they would sell around here.

Good Christ, Debbie, you sure are bitter this evening, huh ?
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May 06, 2018, 07:01:11 AM

And we are going down again :-/
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BTFD, on to 15K a coin !!!!


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May 06, 2018, 07:51:45 AM

every man has his price

Don’t tell me that you allready have a price on BTC ....?
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May 06, 2018, 08:13:39 AM

This has been the first steady increase of the price and I expected a dip, but now I'm really interested to see whether is just a correction towards a new bull run or prices will go consistently go down.
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May 06, 2018, 08:22:36 AM

every man has his price

[06:44:42] · <mircea_popescu> anyway, bitcoin's natural value is somewhere in between 150% and 300% or so of the M3. so yes, i see bitcoin price exceeding the aggregate cash value of most countries.
[06:45:27] · <mircea_popescu> 2.5 haitis to the btc sorta thing.

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May 06, 2018, 08:39:59 AM

Lol at the bitcoin poll price results. It seems like people are wanting a huge pump in a short span of time. But surely these people are also the ones scared first of a major correction which is actually normal when a huge increase is inorganic.

Lots of hopeful WO ATH Contest players.

@mcgoossens keeps us #bullish   Grin
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May 06, 2018, 08:41:21 AM

I never understood why there is resistance? I dont get it, can somebody explain? 10k will break. Why are people building walls to hold it sub 10k as long as possible?

I never understood this too why people are selling during a bull run.

But the thing is

1) There are people who set a goal. "I bought at XX and will sell everything when it reaches 10.000"
2) Their are traders who sell and hope to crash the price by a few % and then buy back so they ultimately have more BTC
3) Wales make up sell walls (the 200 / 300 / 400 BTC walls you see) to keep the price below a certain level so they can buy all their BTC below a certain price. Once they are done they mostly lift their sell wall.

There are probably more reasons :-)

Don't blame Wales.  Wink
Last of the V8s
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May 06, 2018, 08:49:43 AM

I never understood why there is resistance? I dont get it, can somebody explain? 10k will break. Why are people building walls to hold it sub 10k as long as possible?

I never understood this too why people are selling during a bull run.

But the thing is

1) There are people who set a goal. "I bought at XX and will sell everything when it reaches 10.000"
2) Their are traders who sell and hope to crash the price by a few % and then buy back so they ultimately have more BTC
3) Wales make up sell walls (the 200 / 300 / 400 BTC walls you see) to keep the price below a certain level so they can buy all their BTC below a certain price. Once they are done they mostly lift their sell wall.

There are probably more reasons :-)

Don't blame Wales.  Wink

Yeah bhouy, Wales is Offa limits.
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May 06, 2018, 09:07:19 AM

'Sell into green' is a popular trader slogan in the rest of the world. These people aren't viewing this as a real bull run. They are viewing it as another dead glade bounce, perhaps the last one before the descent to new lows, and the last chance to sell. Perhaps they bought around 10K and swore they would sell around here. They will settle for 10K to sell their boatloads of coins and would rather not try to wait for the final top. The turn around from the top is likely to be violent and they may miss it, after which there may not be enough liquidity to sell large amounts of coins on the way down. 
flail around much?
lol this is a bear trap, nothing more

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May 06, 2018, 09:12:57 AM

I am explaining the logic of the sellers at 10K. It applies regardless of whatever you think about me or future price movements. Changing the subject to something irrelevant like that to or the participant of a conversation is a sign of ignorance.
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