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Question: Dec. 14 Closing Price:
<$6,000 - 4 (10.5%)
$6,000-$6,500 - 1 (2.6%)
$6,500-$7,000 - 3 (7.9%)
$7,000-$7,500 - 5 (13.2%)
$7,500-$8,000 - 9 (23.7%)
$8,000-$8,500 - 7 (18.4%)
$8,500-$9,000 - 2 (5.3%)
>$9,000 - 7 (18.4%)
Total Voters: 38

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21453059 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. (136 posts by 30 users deleted.)
Harlot
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May 06, 2018, 02:07:30 PM
Merited by JayJuanGee (1)

Looks like we are suffering the consequences of our first big attempt to cross over 10,000$ and I think the correction is due to the market prematurely offloading their position in anticipation of such event, and the correction did brought us back inside the downtrend channel line again which is below 9,700$ but does it mean we failed to make a reversal? No and it will only be a matter of time when we see Bitcoin re-test the 10,000$ level again RSI is oversold at this point and MACD is near -100 but will most likely make a bullish crossover in the next few hours.
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May 06, 2018, 02:09:57 PM

If anyone ever wants to know why I sound cynical then this is why. God it's going to be so fun to quote all those arrogant posts if new lows come.

So if you are so sure of yourself, put your money where your mouth is and call the bottom price.
I used the word if instead of when because I was uncertain.

As you have been since the time you arrived here. So stop peacocking noob, it's just making you look silly.
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May 06, 2018, 02:15:27 PM

Someone asked me if he should sell when the price was around $9100. I was going to tell him to sell around $9950, not $10k because everyone will set that as their sell number...if he was going to sell.

Instead I told him to come up with a number that made sense from his budget and what he needed and stick to that. Telling him to rely on the numbers to determine when he needed to sell as opposed to selling on emotion. That was more on the par of advice for the long term as opposed to the immediate market.
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May 06, 2018, 02:16:16 PM

If anyone ever wants to know why I sound cynical then this is why. God it's going to be so fun to quote all those arrogant posts if new lows come.

So if you are so sure of yourself, put your money where your mouth is and call the bottom price.
I used the word if instead of when because I was uncertain.

As you have been since the time you arrived here. So stop peacocking noob, it's just making you look silly.

Maybe his buy back order is too low and did not get filled. He's hesitant to put another order thinking it will go down but its not. Sorry, this round is not for you. In six to eight months you'll have another chance.
Good luck! Smiley
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May 06, 2018, 02:35:08 PM
Last edit: May 06, 2018, 03:15:52 PM by TERA2
Merited by soullyG (5)

All of these comments are totally irrational and irrevelevant to my examples of 'why those walls are being sold at 10k'. Nobody can stick with that topic and wants to deflect the topic to price predictions and bears and somehow me and my position. So ignorant.

This is 'wall observer'. Im on topic. You arent.

Someone told me my explanations about the 10K sells were super bearish. I thought they were completely neutral and had nothing to do with a future outlook.

After expressing some mild contempt for rude people, first someone I dont know apparently places me on block for the second time, and then someone else challenges me to place a bet when I had not made any kind of call.

I dont conform with the popular consensus about how this market works so I am 'Debbie Downer'.

It's like the twilight zone.

The way you guys talk to me right now - it begets retaliation and THIS is why I turn into a downer later and point out when you are wrong. That point went totally over your head.

No I dont have a buyback order - not for btc at least.
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May 06, 2018, 02:35:54 PM
Merited by Last of the V8s (1)

Good morning guys.

Indicators are relaxing as we catch support at the kijun line. This is a short term consolidation point and the market looks like it will head back towards the .382 fib line. I expect more sideways this coming week with moderate volume and volatility as we head back towards and test $10k next weekend. This rise, consolidate then dip cycle is very bullish imho. The laddering up is very apparent on the cloud. #dyor
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May 06, 2018, 03:16:36 PM

Good morning guys.

Indicators are relaxing as we catch support at the kijun line. This is a short term consolidation point and the market looks like it will head back towards the .382 fib line. I expect more sideways this coming week with moderate volume and volatility as we head back towards and test $10k next weekend. This rise, consolidate then dip cycle is very bullish imho. The laddering up is very apparent on the cloud. #dyor


Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news.

Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.
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May 06, 2018, 03:18:32 PM

After expressing some mild contempt for rude people, first someone I dont know apparently places me on block for the second time, and then someone else challenges me to place a bet when I had not made any kind of call.

Put up or shut up noob. Make the bottom call if you're so sure the bulls are wrong and we're going lower.
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May 06, 2018, 03:21:17 PM

I was expressing that I would enjoy a new bottom so I could shut you all up, since all the rude bulls here are so agressive during these rallies. Whether it will actually happen is another story.

Now 3 months ago I already did  this 'putting up' by splitting my profits into a ratio of coins and fiat based on my (non-binary) level of certainty. Im not sure what else you think I should do or why I should be obligated to make some kind of personal bet with a W.O. poster in order to keep observing walls.
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May 06, 2018, 03:35:36 PM

I was expressing that I would enjoy a new bottom so I could shut you all up, since all the rude bulls here are so agressive during these rallies. Whether it will actually happen is another story.

Now 3 months ago I already did  this 'putting up' by splitting my profits into a ratio of coins and fiat based on my (non-binary) level of certainty. Im not sure what else you think I should do or why I should be obligated to make some kind of personal bet with a W.O. poster in order to keep observing walls.

The *real* TERA would have made a bottom call. And the real TERA would have some data to back it up. This is why I know why you are a total fraud, and not the real TERA.
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May 06, 2018, 03:36:57 PM

Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news.

Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.

price can be manipulated by whales and news are used to cover their moves/manipulations.
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May 06, 2018, 03:45:25 PM

I was expressing that I would enjoy a new bottom so I could shut you all up, since all the rude bulls here are so agressive during these rallies. Whether it will actually happen is another story.

Now 3 months ago I already did  this 'putting up' by splitting my profits into a ratio of coins and fiat based on my (non-binary) level of certainty. Im not sure what else you think I should do or why I should be obligated to make some kind of personal bet with a W.O. poster in order to keep observing walls.

The *real* TERA would have made a bottom call. And the real TERA would have some data to back it up. This is why I know why you are a total fraud, and not the real TERA.
I have to refute and claim my authenticity as king TERA, as if this were a prestigious position. However I still do not wished to be tricked into some kind of bet with you. Ive made some calls in the past about the bottom of the current run but at this point I could only speculate with a guess about a scenario that may or may not happen.
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May 06, 2018, 03:47:16 PM
Merited by Last of the V8s (1)

Good morning guys.

Indicators are relaxing as we catch support at the kijun line. This is a short term consolidation point and the market looks like it will head back towards the .382 fib line. I expect more sideways this coming week with moderate volume and volatility as we head back towards and test $10k next weekend. This rise, consolidate then dip cycle is very bullish imho. The laddering up is very apparent on the cloud. #dyor


Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news.

Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.

First of all..there are no stupid questions...ever. Secondly..you are correct..the chart is just representing "technical" data. The price movement over past cycles, be that either minutes, hours or days. It has no way to incorporate sudden real time events or news that may impact price other than a big green or red candle one way or the other. If you day trade the short term charts are affected the most by events or news. In the mid-term..these events have less impact..although it still can be severe. In the long term..daily news cycles still play a role but have significantly less sway over price and market direction. Those movements are already baked in so to speak. It comes back to physics imho..on a short time frame the inertia is low..so it can be moved with less effort. At longer time frames the market has built higher levels and it takes much more to change direction or momentum. Hope this helps.
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May 06, 2018, 03:48:53 PM

Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news.

Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.

News has not really played that big of a role in the bitcoin price in the short time that I've ever seen.

Usually it's like google trends where people look for the news to justify whichever way the price has gone.
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May 06, 2018, 04:13:50 PM

Good morning guys.

Indicators are relaxing as we catch support at the kijun line. This is a short term consolidation point and the market looks like it will head back towards the .382 fib line. I expect more sideways this coming week with moderate volume and volatility as we head back towards and test $10k next weekend. This rise, consolidate then dip cycle is very bullish imho. The laddering up is very apparent on the cloud. #dyor


Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news.

Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.

Believe it or not, but charts do indicate (or at least give a good percentage of probability) that how price is going to act in future, BUT they're more effective if there's no news around.
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May 06, 2018, 04:16:54 PM

I really, really, like retirement..

Hmm. I thought you were somewhat conflicted on the idea in the weeks leading up to it, wondering if you'd miss being active -- was it care giving? Am I just misrememberating?

Anyway, congrats. Good on ya.
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May 06, 2018, 04:20:58 PM

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

But the thing is

1) ...  2) ...  3) ...

There are probably more reasons

4) Because there is no a priori way of knowing when rise will turn into drop. But you can always harvest the volatility.
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May 06, 2018, 04:27:22 PM

In a week or two bcash will lose 80%.

Well, anything is possible, I guess. Quite implausible, though. Right now, Bitcoin Cash is still available at fire sale prices. In a week or two, I rather expect that Bitcoin Cash will be solidly ahead of Ripple in the market cap sweepstakes.
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May 06, 2018, 04:44:14 PM
Last edit: May 06, 2018, 04:57:25 PM by jbreher

A pullback to $6k ($3k would be better than ever;) would be more than awesome to be honest.

I still got many papers in the bank account waiting for the right time. I am already getting in from the whatever price I get at that time with my newly earned money but I need a cheap price to let my old money go.

Faulty strategy.  If you persist, you are likely to be stuck with that stinky fiat for life.

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Who would do such a thing to a tree rat? Made me laugh though. Worthy of merit.
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May 06, 2018, 04:48:36 PM


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Bullhound predicts that Ethereum, now a distant second to bitcoin in terms of market cap, will vault to the No. 1 position.

Haha, Bullhound is full of Bullshit.

I was somewhat amused to learn that there existed a "leading investment bank" named Bullhound.
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