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January 18, 2020, 03:29:09 PM *
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Question: Jan. 17 Closing Price:
$0 - 3 (2.7%)
<$6500 - 5 (4.5%)
$6,500-$7,000 - 6 (5.4%)
$7,000-$7,500 - 8 (7.2%)
$7,500-$8,000 - 16 (14.4%)
$8,000-$8,500 - 25 (22.5%)
$8,500-$9,000 - 10 (9%)
$9,000-$9,500 - 15 (13.5%)
>$9,500 - 23 (20.7%)
Total Voters: 111

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21495079 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. (138 posts by 32 users deleted.)
Toxic2040
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June 14, 2019, 11:16:32 PM
Merited by P_Shep (2), Phil_S (1)

VEGETA we're waiting!!!  Grin Grin Grin

I'm ready to push the Post button Smiley





 Cheesy Kiss
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1579361349
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1579361349
Reply with quote  #2

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Last of the V8s
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Be a bank


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June 14, 2019, 11:24:10 PM

vroom spent 3 grand on his setup, just to be sure

 Grin
JayJuanGee
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How much alt coin diversification is needed? 0%?


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June 14, 2019, 11:26:43 PM
Merited by Raja_MBZ (1)

Am I the only one around who feels like an ATH by the end of this year?

You are not the only one, but you are likely within a considerable grand minority.. amongst an elite few peeps with such thinking ---- not including yours truly.

For me to consider ATH to be plausible for the end of the year, the odds would at least need to be above 50%, and I doubt that the odds are even close to 50% - you would be lucky if currently such odds for an ATH before the end of the year would be greater than 30%...   

So accordingly, it does not seem reasonable to me to be projecting for something with such low odds to be occurring, and the way you expressed the matter, you seem to be under a kind of belief that such odds for an ATH by the end of this year were 80% or greater, which, at this time, seems pure crazy-thinking to me. ... approaching a kind of lunacy...   Cheesy Cheesy Cheesy... hey.. I would have said the same thing if you would have asserted that we would see anything above $14k in 2017 - before August 2017. for example, things were seeming quite dire for then BTC  price dynamics.

On the other hand, I would agree that if BTC's prices continue to go up from where we are at now (in the sub $9ks) and to stay up past certain price points, such as being able to stay above $10k for a decent amount of time, then Lindy effect principles would suggest that projecting even higher BTC prices becomes more and more within the ballpark of reasonable (in other words the odds for ATH in this calendar year becomes higher and higher... so... little by little to increase odds and to cause more and more FOMO wins the day, as Jimbo likes to say).
vroom
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June 14, 2019, 11:32:12 PM

vroom spent 3 grand on his setup, just to be sure

 Grin

Almost  Grin Just one little detail is missing

Toxic2040
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June 14, 2019, 11:34:35 PM



Almost  Grin Just one little detail is missing



jojo69
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no FOMO


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June 14, 2019, 11:43:15 PM

doop a doo

juss mindin' my own business here
Toxic2040
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June 14, 2019, 11:47:17 PM

doop a doo

juss mindin' my own business here






 Cool
criptix
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June 14, 2019, 11:49:23 PM

Corn is bullish af  Kiss
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bustadice.com


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June 14, 2019, 11:52:57 PM
Last edit: June 15, 2019, 01:31:15 AM by rdbase

Corn is bullish af  Kiss

What kind of voodoo is this? Shocked
It just passed $8644 and then go outside for a break then boom the chart I was watching explodes.



Almost  Grin Just one little detail is missing




Holy sh*t! Thats a busey. Cheesy
If it is a crazy bitcoin pump then you know it is time to show one of them going nuts! Wink
Spaceman_Spiff_Original
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June 14, 2019, 11:54:41 PM
Last edit: June 15, 2019, 12:05:20 AM by Spaceman_Spiff_Original

Like Hairy said, don't short bull markets.
Indeed, I should stop thinking I can predict the short-term movements.  Big picture everything is dandy, I am just greedy because I want to increase my coin stash, and at times end up archieving the opposite....

PS: Mic, thanks for letting me know I have a new hat. And obviously thanks to xhomerx for making the hat  Cheesy
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June 15, 2019, 12:00:50 AM

Another day, another mind-boggling adventure.



 avatar-sized


Cool stuff man !
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June 15, 2019, 12:02:05 AM
Merited by Danslip (1)

Like Hairy said, don't short bull markets.

It can work pretty well with proper risk management.

Just visualize:

The range we traded in the last 4 weeks was between 9100 and 7400.

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June 15, 2019, 12:17:20 AM

^^ this
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June 15, 2019, 12:20:34 AM
Merited by JayJuanGee (1)

Like Hairy said, don't short bull markets.

It can work pretty well with proper risk management.

Just visualize:

The range we traded in the last 4 weeks was between 9100 and 7400.


Range trading can be visualized with the help of boundaries(Bollinger band indicator).
Short top, buy the dip.
Never try to catch the max and min, just swim with the flow(price action).

Just my 2 cents Smiley
jojo69
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no FOMO


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June 15, 2019, 12:24:40 AM

and litecoin comes roaring back
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June 15, 2019, 12:29:08 AM

Weekend at Bitcoin's 2018 vs Weekend at Bitcoin's 2019

BobLawblaw
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June 15, 2019, 12:47:03 AM
Last edit: June 15, 2019, 05:04:58 AM by BobLawblaw
Merited by jbreher (1), Biodom (1)

Apart from fundamentals (they should go down anyway), it's most likely Binance news.
Hey Bob, do you still want to sell some at 11K?

 Well, glad I have no ability to short on Gemini, and not sure what possessed me to consider a small short position. Nice to see the corn growing. Not FOMOing into these prices.

 No, do not plan on selling any corn before 2021-2022 - After the halvening - at which point, will be looking to divest a mil or two, to buy a ranch with Rick.

 The prior consideration for a small sell @ $11k was mostly to satisfy my obligations to the IRS, but I liquidated other fiat holdings, and Rick covered some of my obligations by my transferring some corn to him - keeping it in the family.

 Beyond that, any corn left over will be going to the nieces and nephews upon my passing.

 Jah has blessed me beyond what I could have ever aspired to achieve in this lifetime, and don't really need to cash any out any more corn, unless it's going to be a huge purchase.

 The ranch will be our happily ever after.
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June 15, 2019, 01:27:11 AM

Thanks, Bob. Bullish  Grin

In other news: interesting discussion on facebookcoin vs bitcoin:
https://www.barrons.com/articles/what-facebooks-cryptocurrency-push-means-51560539185

I agree with the following:
Quote
“There’s just not any innovation in it,” says Gabor Gurbacs, director of digital asset strategy at VanEck/MVIS. “It’s just Silicon Valley’s ongoing attempt to take bank profits from the financial services industry to Silicon Valley.”

In addition:
Quote
A spokeswoman for the Senate Banking Committee, which sent Facebook a letter last month with questions about the service, said Facebook has not yet responded to its questions.

I don't see how anyone can tolerate a single company non-public pseudo cryptocurrency.
Apart from being introduced by an entity with 2.4 bil users, it is basically the worse of both worlds (crypto and fiat).

Taken at face value (pegged to a fiat basket), it can literally destabilize dozens of smaller local currencies because given a choice, NOBODY will conduct in them vs some combo of main currencies.
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June 15, 2019, 01:38:22 AM

Thanks, Bob. Bullish  Grin

In other news: interesting discussion on facebookcoin vs bitcoin:
https://www.barrons.com/articles/what-facebooks-cryptocurrency-push-means-51560539185

I agree with the following:
Quote
“There’s just not any innovation in it,” says Gabor Gurbacs, director of digital asset strategy at VanEck/MVIS. “It’s just Silicon Valley’s ongoing attempt to take bank profits from the financial services industry to Silicon Valley.”

In addition:
Quote
A spokeswoman for the Senate Banking Committee, which sent Facebook a letter last month with questions about the service, said Facebook has not yet responded to its questions.

I don't see how anyone can tolerate a single company non-public pseudo cryptocurrency.
Apart from being introduced by an entity with 2.4 bil users, it is basically the worse of both worlds (crypto and fiat).

Taken at face value (pegged to a fiat basket), it can literally destabilize dozens of smaller local currencies because given a choice, NOBODY will conduct in them vs some combo of main currencies.


Fully agree!

And after people realize that globalcoin is just a fake, they will turn to Bitcoin Smiley

This is just about advertising BTC to 2.4 billion ppl.  Grin
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June 15, 2019, 01:51:07 AM

BTCitcoin, the real fuckin' deal
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