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Question: Sept. 21 Closing Price:
$0 - 3 (3.8%)
<$8,000 - 4 (5%)
$8,000-$8,500 - 1 (1.3%)
$8,500-$9,000 - 1 (1.3%)
$9,000-$9,500 - 2 (2.5%)
$9,500-$10,000 - 5 (6.3%)
$10,000-$10,500 - 15 (18.8%)
$10,500-$11,000 - 15 (18.8%)
$11,000-$11,500 - 17 (21.3%)
$11,500-$12,000 - 5 (6.3%)
>$12,000 - 7 (8.8%)
>$20,000 - 5 (6.3%)
Total Voters: 80

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21366636 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. (106 posts by 21 users deleted.)
Last of the V8s
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December 02, 2018, 06:25:39 PM

rekt Sad
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BTFD, on to 15K a coin !!!!


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December 02, 2018, 06:26:38 PM

Who Huh
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December 02, 2018, 06:28:38 PM

No
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December 02, 2018, 06:29:26 PM

This is fine
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December 02, 2018, 06:38:56 PM

everybody
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December 02, 2018, 06:45:04 PM

trust me
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December 02, 2018, 06:46:40 PM

Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
By that logic we would've been in a bull market since 6k. So no, I don't think closing around this level is necessarily bullish.

We've also been descending for the past few days since the last high (~4400) and 2h/4h/6h/12h charts look bearish more than anything. Can see either another drop, or a reversal that could be followed by either another drop or the beginning of the next bull market. In either case, a lot of people are going to get rekt trying to trade this.
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December 02, 2018, 06:50:15 PM

Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
By that logic we would've been in a bull market since 6k. So no, I don't think closing around this level is necessarily bullish.

We've also been descending for the past few days since the last high (~4400) and 2h/4h/6h/12h charts look bearish more than anything. Can see either another drop, or a reversal that could be followed by either another drop or the beginning of the next bull market. In either case, a lot of people are going to get rekt trying to trade this.

Yes, everyone is waiting for this market situation, it is a bit risky but if we stay above 4000$ it could go up to 5000$ and then go back to 3500$
(they will open many shorts)

This is what the market expects...

(Sorry I'm a rookie I can not put a picture)
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December 02, 2018, 06:52:56 PM


Riccardo "fluffypony" Spagni, luigi1111, NoodleDoodle, smooth, tacotime, Franciso "ArticMine" Cabañas, othe, [Keyser Söze]
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December 02, 2018, 06:53:03 PM

Good morning guys.

Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play.


The same resistance/support area's are still $4.220k/$3.772k   Breaking thru either direction is going to take some work and will bring a clearer signal to the market.  


Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
By that logic we would've been in a bull market since 6k. So no, I don't think closing around this level is necessarily bullish.

We've also been descending for the past few days since the last high (~4400) and 2h/4h/6h/12h charts look bearish more than anything. Can see either another drop, or a reversal that could be followed by either another drop or the beginning of the next bull market. In either case, a lot of people are going to get rekt trying to trade this.

It makes sense. I am not trying to trade this since what I do is mostly scalping and currently I think that the price is not going to stay at this range for long. I am inclined to think it could break up in a few hours (after weekly close) but it could perfectly go down as you say.... Not going to trade that... not yet. I am almost 100% in anyways.
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December 02, 2018, 06:53:27 PM

Volume is declining on all time scales. Probably volatility too.
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December 02, 2018, 07:05:08 PM

(Sorry I'm a rookie I can not put a picture)
Post a link. If it's not too riddled with malware, someone might quote it for you.
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December 02, 2018, 07:05:45 PM
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Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?

Yes I do.

I believe we experienced the bottom over the last couple of weeks and further more think sub $5k corn is ridiculous..but we will see. I think break even for most miner's is around $6.8k and that does not leave a lot of meat on the bone. Add 10 to 20 percent for slippage and your looking at a fair market value of somewhere between $7.5k and $10k..  At least in my mind that is where we should be, time will tell if the market agree's.

W
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December 02, 2018, 07:16:05 PM

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December 02, 2018, 07:16:21 PM

Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?

Yes I do.

[...]

A reversal from here - a real reversal - could be mean and with 'mean' I mean towards $8,000+
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December 02, 2018, 07:16:38 PM

mtgox will go live again this 2019 and refund the customers https://www.mtgox.com/

Mtgox will refund (partially) their customers in 2019? Yes, looks like it will happen finally.

But... going live again? What do you mean?

I mean maybe they will not go "live" but they will not be in bankruptcy state anymore. In any case it looks like it will be a huge injection of bitcoins to the marked and a very good opportunity to buy cheap
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December 02, 2018, 07:18:11 PM

Imaginary, valueless tokens are impossible to act as collateral for anything.

All those digital blips of trillions in fiat currencies, digital assets, and stock shares in databases around the world would disagree with you.

They don't disagree with me, they're in a non-linear, exponentially increasing default curve to wipe out all imaginary "assets".
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December 02, 2018, 07:25:52 PM

mtgox will go live again this 2019 and refund the customers https://www.mtgox.com/

Mtgox will refund (partially) their customers in 2019? Yes, looks like it will happen finally.

But... going live again? What do you mean?

I mean maybe they will not go "live" but they will not be in bankruptcy state anymore. In any case it looks like it will be a huge injection of bitcoins to the marked and a very good opportunity to buy cheap

Yes, as they have managed to "recover" (by selling BTC) enough funds to exit the bankruptcy state, they now go into civil rehabilitation. About the huge injection of bitcoins.... Maybe... If we take into account that Kobayashi already sold enough Bitcoins to cover all creditor's claims (FIAT + $450 BTC valuation) it is possible we don't see any major selloff after the distribution.

I was very pissed when Kobayashi sold the Bitcoins..... in hindsight, he did very well.

I have asked to receive my share in BTC, but if I receive it in FIAT or part FIAT part BTC, I will use the FIAT to buy more BTC. Probably I am not the only one doing that...
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December 02, 2018, 07:27:58 PM


I'm not even going to be surprised when the very same "managers" end up starting another fund in a few months from now rather than having their reputation annihilated and becoming obsolete to anyone and everyone.
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December 02, 2018, 07:34:45 PM

Haha, one of the biggest internet pirate sites (IGG) got into an argument with a large pirate distributer (Mercs)...of course it ends with a doxing and all the pictures look like replicas of some type of strange Nicholas Cage poses:





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