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Question: Where will this rally top out?
Already topped <$7,000 - 19 (24.4%)
$7,000-$7,499 - 6 (7.7%)
$7,500-$7,999 - 8 (10.3%)
$8,000-$8,499 - 4 (5.1%)
$8,500-$8,999 - 5 (6.4%)
$9,000-$9,499 - 1 (1.3%)
$9,500-$9,999 - 0 (0%)
$10K+ - 35 (44.9%)
Total Voters: 78

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21587457 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. (143 posts by 33 users deleted.)
Hueristic
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June 05, 2018, 05:20:16 PM

In which basket will you throw the fact that the FBI claims Nicola Tesla was an alien.
Will you accept it as fact or call the fbi conspiracy theorist creators.
https://vault.fbi.gov/nikola-tesla/Nikola%20Tesla%20Part%2003%20of%2003/view

What ? OP is certainly a bundle of sticks...

* Reads the PDF *



To be fair, it does appear to be a newsletter from some fringe group that was added to the dossier.

LOL, thx, I'm ascared of pdf's from anywhere. Smiley
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Last of the V8s
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June 05, 2018, 05:38:10 PM
Merited by BobLawblaw (1)

This is not going down to 5K, is it, bears. Tongue
Buy now or cry later Cool
LFC_Bitcoin
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June 05, 2018, 05:47:22 PM

This is not going down to 5K, is it, bears. Tongue
Buy now or cry later Cool

shahzadafzal
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June 05, 2018, 06:10:57 PM

This is not going down to 5K, is it, bears. Tongue
Buy now or cry later Cool

Soon BTC gonna get tired of this game... and will moon soon...!!!


http://i.imgur.com/58YNcKa.jpg
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June 05, 2018, 06:16:37 PM

https://www.reddit.com/r/linux/comments/8oqb2u/linux_417_supporting_speck_a_controversial_crypto/

mindrust
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June 05, 2018, 06:32:13 PM


Gold is isolated from direct factors of economic growth but silver is an industrial metal

Gold is an industrial metal too. It is inside of almost every electronic device there is.
European Central Bank
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June 05, 2018, 06:34:37 PM

bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.
Raja_MBZ
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When over $9000?


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June 05, 2018, 06:37:32 PM


Gold is isolated from direct factors of economic growth but silver is an industrial metal

Gold is an industrial metal too. It is inside of almost every electronic device there is.

Correct. I bought a little bit of it a few months back to have more bitcoin. Grin

...and it worked out!
starmman
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June 05, 2018, 06:37:44 PM

bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.
Interesting that somebody is ramping up the operation - hopefully that will transpire to something more bullish again in the near future
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June 05, 2018, 06:38:45 PM

that is a lot of motherfucking hash
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June 05, 2018, 06:50:46 PM

Guys, let's get the topic back on track. All scam accusations should be in the scam accusation child forum.  Grin Grin

All we had to do is to click the report button, and get a moderator notified. No need to keep on ranting and derailing this thread which ultimately leads to a bottomless end.

Agreed. I do have a problem when the moderators tolerate folks like @realr0ach insulting Legendary members.

I warned bitcoin was in a serious bubble last December and I sincerely hope many of you got out over $18,000. We already had the dead cat bounce (great short entry at $15,000) and we are now under a daily Death Cross which is the final confirmation of a bear market:



Any bounce up this month is a bull trap IMO and should be used to raise cash or short. I don't believe we will see the final capitulation until end of this year. Point of maximum pain has not been reached yet and best time to buy is when "there is blood in the streets". I do believe that long term bitcoin will do just fine but expecting a new ATH before the middle to end of 2019 is very low probability. Like unicorn sighting low probability. Sorry about that.

Take trading advice here and confirm with your own analysis. Learn Ichimoku Cloud, Fibonacci, 50/200 daily moving averages/RSI and learn to make your own trading decisions. You don't become a profitable trader in one month for most it takes at least a year with guidance from a mentor. Most new traders get wiped out and quit if they are on their own.

In the future I will be posting any important bitcoin analysis or trading set ups on my own website. I have not devoted much time to it lately (too busy trading) but that will change.
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June 05, 2018, 07:05:56 PM

BTC related question:


I geus were on a correction? From €66xx back to €63xx

Damn when are we going to explode upwards

What are you talking about?

First of all this is a BTC/USD tracking thread, so why are you citing BTC prices in terms of pounds Euros?  [this sentence edited based on a subsequent post of Robin, Hood]

Second, BTC prices remain in a consolidation zone... In recent days they are neither going down or up.. Haven't you noticed?  Of course not, you are too busy wishing and trolling your wishes.  Yes, there may have been some posters and some proclamations asserting predictions that BTC prices going up or down or even granting greater chances to UP rather than DOWN - yet the mere fact that BTC prices are stalling within a not too dramatic consolidation range does not really tell us much of anything.

Regarding the zone of the actual consolidation, perhaps $7k is the low that would need to be broken before you start shooting your FUD spreading load too quickly, and even then, breaking $7k support would not necessarily indicate that BTC prices are going to break below $6,500, or $5k or even go below $3k as you likely would prefer in your preferred wet dream scenario.


Uhm lal i didnt post to troll grrr Huh
rolling
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June 05, 2018, 07:16:12 PM

bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.

The difficulty increased by 634 billion which is the largest increase in the history of bitcoin. The increase in this period alone is nearly equal to the entire network difficulty 1 year ago.
mindrust
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June 05, 2018, 07:20:17 PM
Merited by Globb0 (2)

bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.

The difficulty increased by 634 billion which is the largest increase in the history of bitcoin. The increase in this period alone is nearly equal to the entire network difficulty 1 year ago.

It probably has something to do with this:

https://adclair.com/gmo-introduced-a-new-miner-that-will-take-the-market-from-bitmane/
https://twitter.com/ynakamura56/status/1003908868114509824


Or this:

https://bitcointalk.org/index.php?topic=3359468.20;topicseen (S11's)
BitcoinNewbie15
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June 05, 2018, 07:22:54 PM

Guys, let's get the topic back on track. All scam accusations should be in the scam accusation child forum.  Grin Grin

All we had to do is to click the report button, and get a moderator notified. No need to keep on ranting and derailing this thread which ultimately leads to a bottomless end.

Agreed. I do have a problem when the moderators tolerate folks like @realr0ach insulting Legendary members.

I warned bitcoin was in a serious bubble last December and I sincerely hope many of you got out over $18,000. We already had the dead cat bounce (great short entry at $15,000) and we are now under a daily Death Cross which is the final confirmation of a bear market:



Any bounce up this month is a bull trap IMO and should be used to raise cash or short. I don't believe we will see the final capitulation until end of this year. Point of maximum pain has not been reached yet and best time to buy is when "there is blood in the streets". I do believe that long term bitcoin will do just fine but expecting a new ATH before the middle to end of 2019 is very low probability. Like unicorn sighting low probability. Sorry about that.

Take trading advice here and confirm with your own analysis. Learn Ichimoku Cloud, Fibonacci, 50/200 daily moving averages/RSI and learn to make your own trading decisions. You don't become a profitable trader in one month for most it takes at least a year with guidance from a mentor. Most new traders get wiped out and quit if they are on their own.

In the future I will be posting any important bitcoin analysis or trading set ups on my own website. I have not devoted much time to it lately (too busy trading) but that will change.

I came to the same conclusion. I do think we are in for a long bear market, and we won't see a new ATH by end of 2018. We might by end of 2019/2020. Who knows, we could be wrong but I highly doubt it. Something that I have been pondering is that BTC has had significantly more exposure during 2017 than it has any prior year. Now that everyone knows about Bitcoin and many people bought it, how will this affect BTC in the long term? Surely this bear market won't be similar to prior ones because of how much more exposure Bitcoin has received.
mindrust
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June 05, 2018, 07:31:30 PM


I came to the same conclusion. I do think we are in for a long bear market, and we won't see a new ATH by end of 2018. We might by end of 2019/2020. Who knows, we could be wrong but I highly doubt it. Something that I have been pondering is that BTC has had significantly more exposure during 2017 than it has any prior year. Now that everyone knows about Bitcoin and many people bought it, how will this affect BTC in the long term? Surely this bear market won't be similar to prior ones because of how much more exposure Bitcoin has received.

Who cares any price below ATH is a cheap price. We already experienced it many times. Even if we go full bear for the next 2-3 years, as soon as we go above 20k$ (and i know we will) you'll make at least %100 profits if you buy from these prices. Those who bought from $20k however will have to wait for $50k and its not impossible. Will probably see $100k+ after the halvening.
LFC_Bitcoin
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June 05, 2018, 07:37:14 PM


I came to the same conclusion. I do think we are in for a long bear market, and we won't see a new ATH by end of 2018. We might by end of 2019/2020. Who knows, we could be wrong but I highly doubt it. Something that I have been pondering is that BTC has had significantly more exposure during 2017 than it has any prior year. Now that everyone knows about Bitcoin and many people bought it, how will this affect BTC in the long term? Surely this bear market won't be similar to prior ones because of how much more exposure Bitcoin has received.

Who cares any price below ATH is a cheap price. We already experienced it many times. Even if we go full bear for the next 2-3 years, as soon as we go above 20k$ (and i know we will) you'll make at least %100 profits if you buy from these prices. Those who bought from $20k however will have to wait for $50k and its not impossible. Will probably see $100k+ after the halvening.

I agree, within 12 months after the next halving this thing is going fucking parabolic. It’s all about supply & demand, when there are half the amount of coins per block for the miners you’re going to see a rapid rise.
2020-2021 has always been my target to see us become uber rich.
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June 05, 2018, 07:39:04 PM
Merited by mindrust (1)

bitcoin just had a 14.7% difficulty change upwards. that's the biggest since january. there sure is a lot of firepower out there somewhere.

The difficulty increased by 634 billion which is the largest increase in the history of bitcoin. The increase in this period alone is nearly equal to the entire network difficulty 1 year ago.

It probably has something to do with this:

https://adclair.com/gmo-introduced-a-new-miner-that-will-take-the-market-from-bitmane/

https://twitter.com/ynakamura56/status/1003908868114509824


Or this:

https://bitcointalk.org/index.php?topic=3359468.20;topicseen (S11's)

“I respect Bitmain, but we will bypass them," said CEO of GMO Masatoshi Kumagai.

Recall that in September 2017 GMO Internet Group announced plans to invest $ 320 million in the mining industry and the creation of a new generation of chips. According to representatives of the Japanese Internet giant, bitcoin is intended to become a “universal currency”, providing “unlimited economic freedom”.

I love their confidence and outlook on bitcoin.
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June 05, 2018, 07:39:41 PM


I came to the same conclusion. I do think we are in for a long bear market, and we won't see a new ATH by end of 2018. We might by end of 2019/2020. Who knows, we could be wrong but I highly doubt it. Something that I have been pondering is that BTC has had significantly more exposure during 2017 than it has any prior year. Now that everyone knows about Bitcoin and many people bought it, how will this affect BTC in the long term? Surely this bear market won't be similar to prior ones because of how much more exposure Bitcoin has received.

Who cares any price below ATH is a cheap price. We already experienced it many times. Even if we go full bear for the next 2-3 years, as soon as we go above 20k$ (and i know we will) you'll make at least %100 profits if you buy from these prices. Those who bought from $20k however will have to wait for $50k and its not impossible. Will probably see $100k+ after the halvening.

I agree, the Halvening will truly be an exciting event. I remember the last one, it seems like it takes a few months for the shock of a lower inflation rate to hit the market. If there are no crazy long block times or anything from now until 2020, then the halvening should happen in may 2020. End of 2020 is probably when we would see another ATH. I definitely do think $100k/coin is possible and not unreasonable. That would peg BTCs market cap at around $2 trillion which is only 1/4 of golds market cap.
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June 05, 2018, 07:39:47 PM

that is a lot of motherfucking hash
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