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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23402735 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. (148 posts by 37 users deleted.)
Toxic2040
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June 02, 2018, 03:52:52 PM
Merited by Torque (1), LFC_Bitcoin (1), bones261 (1), El duderino_ (1), BobLawblaw (1)

Good morning all

The price of bitcoin has risen over the last 24 hours coinciding with a positive employment report coming from the USA. At 3.8%, this is the lowest unemployment rate in 18 years. The strong jobs market report sent most legacy markets higher as well.
Combined with slumping technicals, the rally late Friday evening pushed the price of bitcoin up over $200 dollars to $7.65k. This area of resistance sits at a 0.382 fibonnaci level. We are seeing consolidation in this area and I believe this price correction will carry us to $8k+ in the short term. #dyor

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June 02, 2018, 03:57:45 PM

Of course, we've seen times before where the deep pocket whales begin the next bull run with a bang, aka a massive dump/short and stop loss hunt to liquidate all the of the leveraged longs first. If the whales accumulate for a long sideways period, this would give them the ammo they need. So I imagine the next bull run trigger will start with something like that. It could take us spiking down briefly to the $5K range in a flash, before heading back up.

Running stops seems to be fundamentally about acquiring product and not so much about effecting the price. Do whales need the coins that are on offer on the exchanges? It seems to me that a whale would interact with an exchange for the purpose of effecting the price more than the purpose of accumulating/liquidating his position. If he were either accumulating or liquidating he would want to do either of those things OTC because if he were accumulating he wouldn't want to drive the price up and if he were liquidating he wouldn't want to drive the price down. So he makes changes to his position OTC but perhaps he tries to use a small portion of his stash to manipulate the price down before making an OTC purchase and vice a verca before making an OTC sale.

I'm not really trying to argue against you here. I'm mostly just interested in how you will respond to these thoughts.

I'd think a whale might want run stops to drive down the market price, just to affect the OTC price. And he'd make some side money on shorts, of course.
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June 02, 2018, 04:06:14 PM
Last edit: June 02, 2018, 10:06:25 PM by Torque

The price of bitcoin has risen over the last 24 hours coinciding with a positive employment report coming from the USA. At 3.8%, this is the lowest unemployment rate in 18 years. The strong jobs market report sent most legacy markets higher as well.

But...bbut... you do realize that the U.S. unemployment rate of 3.8% is complete fabricated bullshit, right?

The U.S. unemployment rate doesn't account for the ~15-20% of Americans that had been laid off in the last 10 years since the financial crisis, that are out of the work force entirely and are no longer seeking employment. They are either retired, retired early, or just not working and relying on other support income (e.g, spouse, investment $, welfare, etc.)

The Fed's calculations only account for a) those working, and b) those actively seeking employment over the last 12 months. So the U.S. unemployment rate across the board is probably closer to 15-20%.

The rapid increase in Federal deficit and debt gives the clues. The amount of Fed and State tax revenue they are collecting now is WAY WAAAYY down from pre-2008 levels. That's why certain states are in the red and will likely default soonTM.

So long Illinois or New Jersey, it was nice while it lasted.... you corrupt fucks.
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June 02, 2018, 04:08:49 PM

I see bitcoin prices have returned above $ 7500, I hope this will continue until bitcoin prices reach $ 8k.
there may be a slight decrease after this, but in the next spike the bitcoin price will reach $ 9k. I hope in this month bitcoin price will reach $ 10k.
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June 02, 2018, 04:09:08 PM

The price of bitcoin has risen over the last 24 hours coinciding with a positive employment report coming from the USA. At 3.8%, this is the lowest unemployment rate in 18 years. The strong jobs market report sent most legacy markets higher as well.

But...bbut... you do realize that the U.S. unemployment rate of 3.8% is complete fabricated bullshit, right?

The U.S. unemployment rate doesn't account for the ~15-20% of Americans that had been laid off in the last 10 years since the financial crisis, that are out of the work force entirely and are no longer seeking employment. They are either retired, retired early, or just not working and relying on other support income (e.g, spouse, investment $, welfare, etc.)

The Fed's calculations only account for a) those working, and b) those actively seeking employment over the last 12 months. So the U.S. unemployment rate across the board is probably closer to 15-20%.

This is the same way in many European countries, though the time of seeking active employment may differ a bit, governments just need to get the statistics "right". Most government statistics are probably manipulated.
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June 02, 2018, 04:53:36 PM

Short-term, bulls probably won't succeed in breaking through $7700. They'll have to come up with better force in upcoming days.

This attempt shows bulls have lost the fuel for now:

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June 02, 2018, 04:54:11 PM

I see bitcoin prices have returned above $ 7500, I hope this will continue until bitcoin prices reach $ 8k.
there may be a slight decrease after this, but in the next spike the bitcoin price will reach $ 9k. I hope in this month bitcoin price will reach $ 10k.
no problem, everyone has hope. but here we see, it seems that the bitcoin price movement does not allow it to reach $ 10k in this month.
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June 02, 2018, 04:56:28 PM

Hey all you tough talking Jew haters where are your balls now you, fags?

I'm standing up to Goldman BallSacks and I don't see any of you anywhere.

Poloniex is not some small fly by night exchange now it is a Gargantuan Financial institution backed by Goldman BallSacks.

Is Polo liable?
https://bitcointalk.org/index.php?topic=4400856.0

I only have a grand or 2 on there but it is the fact they are trying to take away our rights that I cannot abide. I could easily verify and get my funds but I know there are many who cannot. So I am willing to stand up for us all, but I will need support people, so stand the fuck up.



TOP for standing up to the rothschild schills  Grin Cheesy Wink
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June 02, 2018, 05:12:09 PM
Merited by Torque (1)

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June 02, 2018, 05:16:27 PM

for the rest not a bad evening ..... BTC is in the green ,belgium - portugal football, fine drinks and foods looking good to get drunk only thing missing is finally to get closer on the F****** lists
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June 02, 2018, 06:20:54 PM
Merited by Torque (1)

They want to begin the run by being the biggest coin holder in the pond.

What do you think Anon136? Have you observed this in the past?

That's what it's about isn't it. It's not about them having the coins, they already have plenty of coins, it's about others on the exchange NOT having them. So that said others can not impede the bull run by selling on the exchange during the way up. That is the insight I was missing. Shake everyone else out so that there are no sellers.
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June 02, 2018, 06:31:44 PM
Merited by Anon136 (2)

They want to begin the run by being the biggest coin holder in the pond.

What do you think Anon136? Have you observed this in the past?

That's what it's about isn't it. It's not about them having the coins, they already have plenty of coins, it's about others on the exchange NOT having them. So that said others can not impede the bull run by selling on the exchange during the way up. That is the insight I was missing. Shake everyone else out so that there are no sellers.

Exactly! They want only buyers left on the way up. The guppies are the exchange buyers that are simply riding on the momentum trade, chasing the wave. The whales want to be the only sellers at the blowoff top, in complete control of the float on the exchange markets so they can decide/control when to massively short/dump and wipe everyone else out. Then scoop up cheap(er) coins on the bounce.
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June 02, 2018, 06:38:22 PM
Merited by JayJuanGee (1), El duderino_ (1)

Hey all you tough talking Jew haters where are your balls now you, fags?

I'm standing up to Goldman BallSacks and I don't see any of you anywhere.

Poloniex is not some small fly by night exchange now it is a Gargantuan Financial institution backed by Goldman BallSacks.

Is Polo liable?
https://bitcointalk.org/index.php?topic=4400856.0

I only have a grand or 2 on there but it is the fact they are trying to take away our rights that I cannot abide. I could easily verify and get my funds but I know there are many who cannot. So I am willing to stand up for us all, but I will need support people, so stand the fuck up.



TOP for standing up to the rothschild schills  Grin Cheesy Wink

Pansies deleted my post!!!!  what a bunch of hypocritical fucks!

Whats worse is they didn't have the courtesy to explain why. Where is the invisible MODERATION line in this thread?

Quote
Hey all you tough talking Jew haters where are your balls now you, fags?

There's a lot of tolerance here, but just coming in and hurling blanket insults isn't cool. What pushed your post into delete territory was probably the "fags" part. And I don't owe you any courtesy.  Undecided
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June 02, 2018, 07:04:25 PM

Hey all you tough talking Jew haters where are your balls now you, fags?

I'm standing up to Goldman BallSacks and I don't see any of you anywhere.

Poloniex is not some small fly by night exchange now it is a Gargantuan Financial institution backed by Goldman BallSacks.

Is Polo liable?
https://bitcointalk.org/index.php?topic=4400856.0

I only have a grand or 2 on there but it is the fact they are trying to take away our rights that I cannot abide. I could easily verify and get my funds but I know there are many who cannot. So I am willing to stand up for us all, but I will need support people, so stand the fuck up.
Ok well, just in case that was partly directed at me since I have posted in here before about the JQ I guess I'll respond. The people who control the media, banks and academia are Jewish, and those people are our enemies. That said I certainly wouldn't consider myself a "jew hater". Some random dentist who is a Jew does not have my animus. I am foremost an individualist. Now Goldman Sachs hater? Yea, sure.

As for your cause. I read your post. It sounds interesting. I don't know enough about the law to comment on it. If you did talk to a lawyer and found out that goldman had done something illegal, sure I would join you in a class action against goldman if I could. They are evil bastards and part of the reason I am in the crypto space is to hurt them and if that was another way to do it than I would welcome a multi pronged approach. But you just need to talk to a lawyer bro. It won't be expensive to find out if you have a case. Find out if your idea has any merit. Then talk to us.


They want to begin the run by being the biggest coin holder in the pond.

What do you think Anon136? Have you observed this in the past?
That's what it's about isn't it. It's not about them having the coins, they already have plenty of coins, it's about others on the exchange NOT having them. So that said others can not impede the bull run by selling on the exchange during the way up. That is the insight I was missing. Shake everyone else out so that there are no sellers.
Exactly! They want only buyers left on the way up. The guppies are the exchange buyers that are simply riding on the momentum trade, chasing the wave. The whales want to be the only sellers at the blowoff top, in complete control of the float on the exchange markets so they can decide/control when to massively short/dump and wipe everyone else out. Then scoop up cheap(er) coins on the bounce.
Very insightful. I bet you are exactly right.
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June 02, 2018, 07:16:02 PM



All the jew hating on here..my /ignore list is filling up! Smiley

It is all so 'silly' and such a 'generalization' to blame a group for whatever reason....

it's a money thing..those that have and those that do not...money and power concentrate...at least in uncontrolled 'crony capitalism' of the

18th century and standard oil and the Rockefellers etc....seems it is doing so quite rapidly again this decade as well...there will be backlash IMHO,

as it has 'swung' too far ..but we will see...

money has no religion ...it is all about 'power' over others to your advantage.

any other theory is just silly

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June 02, 2018, 07:35:27 PM
Merited by edgar (1)



All the jew hating on here..my /ignore list is filling up! Smiley

It is all so 'silly' and such a 'generalization' to blame a group for whatever reason....

it's a money thing..those that have and those that do not...money and power concentrate...at least in uncontrolled 'crony capitalism' of the

18th century and standard oil and the Rockefellers etc....seems it is doing so quite rapidly again this decade as well...there will be backlash IMHO,

as it has 'swung' too far ..but we will see...

money has no religion ...it is all about 'power' over others to your advantage.

any other theory is just silly
Consider why the jews have been kicked out of 300 different areas in the world over the past few thousand years. What is it that makes everyone hate them. I'm sure you have an answer to share with the class, given how silly the whole thing is. There surely must be a simple and entirely rational answer.
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June 02, 2018, 07:39:16 PM
Last edit: June 02, 2018, 08:30:25 PM by jojo69

the big alts are bubbling up relative to BTC

back in business in my ladders edit/now even in LTC/edit

people are thinking up
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June 02, 2018, 07:41:57 PM


Front page of some scam website right now -> dodgy articles, though
http://www.imf.org/external/index.htm https://archive.is/EVFQi -> http://www.imf.org/external/pubs/ft/fandd/2018/06/pdf/fd0618.pdf https://archive.is/lfAqK
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June 02, 2018, 07:44:03 PM
Merited by JayJuanGee (1), Anon136 (1), d_eddie (1)

Of course, we've seen times before where the deep pocket whales begin the next bull run with a bang, aka a massive dump/short and stop loss hunt to liquidate all the of the leveraged longs first. If the whales accumulate for a long sideways period, this would give them the ammo they need. So I imagine the next bull run trigger will start with something like that. It could take us spiking down briefly to the $5K range in a flash, before heading back up.

Running stops seems to be fundamentally about acquiring product and not so much about effecting the price. Do whales need the coins that are on offer on the exchanges? It seems to me that a whale would interact with an exchange for the purpose of effecting the price more than the purpose of accumulating/liquidating his position. If he were either accumulating or liquidating he would want to do either of those things OTC because if he were accumulating he wouldn't want to drive the price up and if he were liquidating he wouldn't want to drive the price down. So he makes changes to his position OTC but perhaps he tries to use a small portion of his stash to manipulate the price down before making an OTC purchase and vice a verca before making an OTC sale.

I'm not really trying to argue against you here. I'm mostly just interested in how you will respond to these thoughts.

I'd think a whale might want run stops to drive down the market price, just to affect the OTC price. And he'd make some side money on shorts, of course.

In many cases the market manipulators may be the OTC brokers themselves when they realize they have a whale at the end of their harpoon. Whale gets an OTC quote to sell, broker blows his load to drive market price down, whale executes, broker buys back in driving price up again when the next whale comes to buy, profits on his 1-3% margin. Bart pattern complete.

The 6 Costliest Mistakes People Make When Trading Bitcoin OTC
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June 02, 2018, 07:51:02 PM

it's a money thing..those that have and those that do not...money and power concentrate...at least in uncontrolled 'crony capitalism' of the

18th century and standard oil and the Rockefellers etc....seems it is doing so quite rapidly again this decade as well...there will be backlash IMHO,

as it has 'swung' too far ..but we will see...

.. and if/when the big reset comes, there will be golden era for bitcoin and cryptos in general..

all it takes is one or few bit developed countries slowly moving towards gigantic wealth redistribution.
I cant imagine governments doing it without massive tax on rich or outright nationalization of private property and companies. + hyperinflation to cancel debts. (like Venezuela today, with some 50% weekly inflation) There were many examples in the past and its sure it will be repeated again and again.
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