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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26487895 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. (174 posts by 3 users with 9 merit deleted.)
HairyMaclairy
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October 07, 2019, 11:32:48 AM

Financial masturbation at his best:


Facebook Skeptics Now Have Derivatives to Bet on Libra Delays

Quote

CoinFLEX is offering physically-settled futures that will deliver Libra tokens if the so-called stablecoin is live by Dec. 30, 2020, or the settlement date. If Libra is not operational by then, investors will receive nothing and will have lost their initial investment.


You can bet on the successful launch of Libra Token by 2020.
This is not a future, actually it is an option on a Libra  Token with strike price equal to 0 and expiry on 31.12.20.

This remind me on the futures on Segwit2x coins: these were massively important rejecting the fork, I doubt those future will have any significative impact on a centralised decision.

I made a fuckload buying Segwit 2x futures at $1 when the market crashed after the fork failed and selling into the dead cat bounce around $60....  those were the days
fillippone
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October 07, 2019, 11:37:25 AM

Good memories!

If only I had those too...Those would make my wankbank pretty useless!
fillippone
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October 07, 2019, 11:44:17 AM

This is big.
We are on the brink of a massive awakening on the dire status of many pensions funds.

GE Freezes Pension Benefits to Cut Deficit By Up to $8 Billion


Quote

General Electric Co. said it would freeze pension plan benefits for about 20,000 U.S. employees as it takes steps to slash its pension deficit and improve its financial position.

d_eddie
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October 07, 2019, 11:45:03 AM

Good memories!

If only I had those too...Those would make my wankbank pretty useless!
I do have some pretty memories, but let me break it to you. Don't trash your wankbank(TM) yet.
makrospex
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nothing to see here


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October 07, 2019, 11:55:52 AM



I bet it's his search history.

Why guess? See for yourself. Takes even less time than writing your insightful post.




guess != bet.
I'll send you a PM if i happen to find your sense of humor somewhere  Wink

Pump up the jam, pump it up
While you feet are stompin'
...

Salt'n Pepa!!!
Thanks for refreshing these memories Grin

Scraping around $8k again.
Raja_MBZ
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October 07, 2019, 11:59:52 AM

IMO, Tweezer Bottom is one of the (very) possible scenarios at this stage:



Credits: @BigCheds

Yeah ok so I've never heard of a tweezer before and looked it up and I'm wondering if people just sit around making up names for every fucking pattern they ever see now.

http://www.chart-formations.com/candlestick-patterns/tweezers.aspx

Whats the criteria to be a named pattern, happened more than once in any market anywhere?

Not sure why you haven't heard of the tweezers before; it's one of the commonly used candlestick patterns and it was introduced back in the 1950s.
serveria.com
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Privacy Servers. Since 2009.


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October 07, 2019, 12:19:35 PM



I bet it's his search history.

Why guess? See for yourself. Takes even less time than writing your insightful post.




guess != bet.
I'll send you a PM if i happen to find your sense of humor somewhere  Wink

Pump up the jam, pump it up
While you feet are stompin'
...

Salt'n Pepa!!!
Thanks for refreshing these memories Grin

Scraping around $8k again.


But... but... bear trolls promised "one last down before up"? When $6k? (not gonna happen)  Grin Grin Grin
makrospex
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nothing to see here


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October 07, 2019, 12:35:29 PM



I bet it's his search history.

Why guess? See for yourself. Takes even less time than writing your insightful post.




guess != bet.
I'll send you a PM if i happen to find your sense of humor somewhere  Wink

Pump up the jam, pump it up
While you feet are stompin'
...

Salt'n Pepa!!!
Thanks for refreshing these memories Grin

Scraping around $8k again.


But... but... bear trolls promised "one last down before up"? When $6k? (not gonna happen)  Grin Grin Grin

I still take an intermediate low of $5k-$6k around the end of Q4 into account, based on a giant bearflag, by my own lousy TA.
Otherwise i'm bullish for Q4 and 2020 in general, but if BTC is more than good at one thing, then it's to surprise.
My plan is to hodl on, save fiat, buy corn in Q1/2020 or even wait until the halving and invest in some shitcoin that is carried upwards by bitcoin, to compensate for missing out the $7-$8k range for rebuy (cause lack of fiat).


EDIT: It's all mindgames, but i won't be selling, that's for sure.
goldkingcoiner
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October 07, 2019, 12:51:12 PM

Who spilled all this hopium all over the WO? Roll Eyes
El duderino_
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October 07, 2019, 01:04:32 PM

https://bitcointalk.org/index.php?topic=5190748.0
^
Market thinking after Q3 so far for this year.... what is next.... Smiley
xhomerx10
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October 07, 2019, 01:09:47 PM
Merited by vapourminer (1), Last of the V8s (1)

Whelp, vodka # 6

Drinking on a monday morning?  Shocked Huh

what is meaning of Vodka2?

Edit: Done

Vodka Image
Quote



 You're not even from earth, huh1Wink

1 huh is the most universal word
2 Vodka is surely #2




JSRAW
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October 07, 2019, 01:23:28 PM
Merited by xhomerx10 (1)

^^ He is from Indian Subcontinent  Grin

To his defense Indian subcontinent has more than 30 + official languages ( Main languages : Hindi, Urdu, Tamil, Punjabi, Bengali, Dari,Pashto, Sinhala,Gorkhali etc)  and not counting thousands of other dialects.
d_eddie
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October 07, 2019, 01:24:56 PM

Short closed with tiny profit. Long still suffering. Wait and see.
vroom
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a Cray can run an endless loop in under 4 hours


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October 07, 2019, 01:28:36 PM
Merited by xhomerx10 (1)

Whelp, vodka # 6

Drinking on a monday morning?  Shocked Huh

what is meaning of Vodka2?

Edit: Done

Vodka Image
Quote



 You're not even from earth, huh1?  Wink


1 huh is the most universal word
2 Vodka is surely #2


Even klingons know vodka!


makrospex
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nothing to see here


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October 07, 2019, 01:42:04 PM

Whelp, vodka # 6

Drinking on a monday morning?  Shocked Huh

I hope it's black cow vodka, at least  Grin
Gyrsur
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October 07, 2019, 01:49:05 PM

Short closed with tiny profit. Long still suffering. Wait and see.

which approach? (a) or (b)Wink
Vispilio
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October 07, 2019, 01:52:30 PM
Merited by JayJuanGee (1)

It's good that BTC didn't break below last 2 weeks' lows, the tight channel held, now it's coiled for a potential explosive move upwards if price

can close above 8500 within 1-2 days, the likelihood of a bullish breakout now is considerably greater than the opposite scenario.
teosanru
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October 07, 2019, 01:57:19 PM
Merited by JayJuanGee (1)

It's good that BTC didn't break below last week's lows, the tight channel held, now it's coiled for a potential explosive move upwards if price

can close above 8500 within 1-2 days, the likelihood of a bullish breakout now is considerably greater than the opposite scenario.
Daily chart looks awesome now. We are done with all downward movement. The MACD is about to crossover from below the zero point which shows clear sign of bullishness. We can see a pump till 9k in a day or two if today's close is above the yesterday's open. We are creating a sort of tweezers bottom which too is considered quite bullish. Not to forget RSI took looks divergent and has entered the normal zone from the oversold zone. Hopes are high that we can see a bullish candle soon.
LUCKMCFLY
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October 07, 2019, 02:08:23 PM

Appearing bulls are reacting ..

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October 07, 2019, 02:08:55 PM



is there enough cash for $50k BTC. I mean, if holders will sell at $50k, can exchanges and all others business pay sellers?
If the supply and demand is real, then yes they should have the funds, if someone sells at 50k, someone else buys at 50k, unless the exchange platforms bring most of the liquidity themselves, but don't have any reliable info about this.
I bet a few exchanges perform arbitrage too. 
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