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Question: Probability that we've seen the bottom of this bear market:
0% - 4 (3.1%)
1-5% - 4 (3.1%)
6-10% - 1 (0.8%)
11-15% - 0 (0%)
16-20% - 2 (1.6%)
21-25% - 2 (1.6%)
26-30% - 2 (1.6%)
31-35% - 1 (0.8%)
36-40% - 5 (3.9%)
41-45% - 2 (1.6%)
46-50% - 6 (4.7%)
51-55% - 7 (5.5%)
56-60% - 2 (1.6%)
61-65% - 2 (1.6%)
66-70% - 9 (7%)
71-75% - 7 (5.5%)
76-80% - 10 (7.8%)
81-85% - 12 (9.4%)
86-90% - 10 (7.8%)
91-95% - 7 (5.5%)
96-99% - 8 (6.3%)
100% - 25 (19.5%)
Total Voters: 128

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21126060 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. (18 posts by 10 users deleted.)
Totscha
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August 28, 2018, 08:53:15 AM
Merited by BobLawblaw (2)

I'm new here. Why does this thread have 21,000 pages? All I see is random charts and pictures of cute animals.

It is the heart and soul of Bitcointalk. A random mix of technical analysis, wishful thinking, overwhelming pessimism, conspiracy theories and cute pics. Because, reasons...
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Be safe, Elwar and Nadia !!


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August 28, 2018, 09:05:28 AM

https://youtu.be/Xs-yBLjamp8

Just for the few dutch speaking in here very funny otherwise don’t open cause not understandble 😂
But Just So funny and @the samen time its about BTC So Thats good and a Nice weekpump Where did that came from
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August 28, 2018, 09:37:16 AM

I'm new here. Why does this thread have 21,000 pages? All I see is random charts and pictures of cute animals.

It is the heart and soul of Bitcointalk. A random mix of technical analysis, wishful thinking, overwhelming pessimism, conspiracy theories and cute pics. Because, reasons...

It’s the biggest and grumpiest collection of OGs in a single spot. 
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August 28, 2018, 09:44:35 AM

Shut up Hairy!  Don't jinx this with your prognostications.

It would be nice if bitcoin would go into a bit of a punishing phase.... to punish some of those folks waiting for cheaper coins... or those folks who are waiting for the alt coins to bring them lambos... .  I just don't know if bitcoin is quite ready for punishing phase.. but it would be nice.. a bit of a fantasy of mine to re-live the late 2017 upwards price movements that took a lot of waiting for lower prices folks for a bit of a surprise.

By the way, I seem to recall that a bit more than a week ago, Hairy had said that he had expected a bit of a pump to $7k or even $7,200-ish.. because BTC prices in the lower $6ks seemed to be a bit "oversold."... something like that.

Ahh 2017. The happy times. We all knew it was nuts though. I dont think we will see its like again though as the the shorters are a force now.
We need to bust ~7500 to break the trend line and 10k to confirm the end of the bear.
This latest rally could just be another dead cat but unlike the April and July bounces, its more sure and steady unlike the 4 pump days of the other 2.
I had to Sodl 50% of my stash (real world bills) so there is a great chance that this is the bottom. I knew i had to sell sometime this year but I was holding out as long as could. It sure felt so wrong though when when i clicked the sell button.
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August 28, 2018, 09:57:00 AM
Merited by Syke (1)

I'm new here. Why does this thread have 21,000 pages? All I see is random charts and pictures of cute animals.

Because btc price usually follow the page counter of this thread, and we're trying to keeping the number high. Bots are ready for the next pump  Smiley
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August 28, 2018, 10:56:00 AM

http://onchain.caijing.com.cn/20180828/4506873.shtml needs translating better than Google can
https://translate.google.co.uk/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fonchain.caijing.com.cn%2F20180828%2F4506873.shtml
Note Google often says 'bitland', 'bit-continent' or 'bitcoin' when it should be 'Bitmain'.
Quote
Bitcoin will submit an IPO application to the Hong Kong Stock Exchange this week to start the listing process. The IPO sponsor underwriter is CICC, and the listing target is valued at [30 billion USD].
... claims Bitmain's leaked finance report for the 2Q shows a loss of 600-700 M$, Yang Zuoxin's(of Shenma Miner) vital role in the design of S7/S9's chips, his breakup with Bitmain, and importantly China's patent commission's invalidation of Bitmain's serial power supply patent they used to sue Shenma. (@infohuhu)
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August 28, 2018, 11:11:29 AM
Last edit: August 28, 2018, 11:23:55 AM by LFC_Bitcoin

GUESS WHO’S BACK



Edit - We just hit $7051
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August 28, 2018, 11:13:16 AM

Is it 7?

7 is back?
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August 28, 2018, 11:20:06 AM

I confess I got the longs/shorts ratio the wrong way round last night, since corrected. Embarrassed
now:
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August 28, 2018, 11:20:58 AM

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August 28, 2018, 11:23:30 AM



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August 28, 2018, 11:23:36 AM

micgoossens
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August 28, 2018, 11:42:22 AM

GUESS WHO’S BACK



Edit - We just hit $7051

My friend wait till 9 for vegeta  Roll Eyes
But let the rally take us there
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August 28, 2018, 11:43:52 AM

I copped some slight heat for calling a local bottom yesterday.  But I think the thesis still stands with a local target of $7200 - $7300.  Then pucker.  



Update - still calling for a local target of $7200, to be followed by a burning sensation.



Don't ask me, I just work here.  Target $7200.

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August 28, 2018, 11:44:25 AM

Apparently, @RNR_0 is responsible for the pump... by eating ass.

https://twitter.com/dammkewl/status/1034398588657381376



EDIT: For the record, I don't recommend eating ass. It's terrible.
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August 28, 2018, 11:46:34 AM
Merited by BobLawblaw (1), micgoossens (1)

Bitcoin rose from 7k to just shy of 20k from the middle of November to the end of December.  It crossed 5k for the first time in October.

Let’s remember the above & be patient. We might get an end to 2018 of bankrupt shorters after all.
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August 28, 2018, 11:52:36 AM

Nice way to wake up.
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August 28, 2018, 11:54:35 AM

miners are the natural shorts and since Bitmain is/was the biggest miner i'm assuming they are the big fat short that looks like it is getting plucked and roasted about now ... just in time for it's IPO no less.

turkeys come and go
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August 28, 2018, 11:55:52 AM
Last edit: August 28, 2018, 12:18:03 PM by HairyMaclairy
Merited by ssmc2 (2), Last of the V8s (1), Dunkelheit667 (1), micgoossens (1), vroom (1)

Long short ratio

Long / short ratio still close to record high shorts according to my preferred calculation (lower bar = longs / shorts).  Some stung by the latest price hike but lots of squeeze fuel left.  



Accelerated recovery model

If you believe in an accelerated 2018 recovery (which I don't) then arguably we should be tracking the light blue line.  Light green line shows our current performance.  It's not completely out of the question however.  And nothing would make me happier than to be wrong on this point.  We need to jump to $9k.  Squeeze fuel would be one way to get there, which means a clean break of the current down trend line requiring a price of about $7500 (downtrend line currently sitting ~$7400).



Accelerated recovery model - zoomed out

This is what happens when you zoom out on the accelerated 2018 recovery.  Yeah.

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August 28, 2018, 12:16:32 PM
Last edit: August 28, 2018, 01:08:06 PM by crypmike

Haha nice video about Binance CZ as The Wolf of Wall Street

https://www.youtube.com/watch?v=EHkWl2zhxsw&feature=youtu.be
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