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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26484023 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.)
lightfoot
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August 10, 2020, 01:19:06 AM

I'm not sure the stock market really means something.

If people are out of work, the economy slowed down, then who cares about what the stock market is doing ? The job of politicians isn't to pander to the stock market either, despite what Trump seems to think.

If taxes are put back at what they were before, and companies and shareholders earn a little less, who cares ?

Problem is stock market=retirement program for most people. That was a neat idea 30 years ago, chain the stock market to the future of millions so if it crashes the Govt will bail it out. Result equals no real risk consequences, so have fun with the free money...

Not good. Instead of investing SS in the market (bad idea) the market *became* SS. Not good, but very clever.
lightfoot
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August 10, 2020, 01:22:36 AM

And in the "to be totally fair" category Obama *did* do a lot of shit with Executive Orders and Republicans screamed and cried about how the "imperialist presidency" was in ascension.

https://www.nytimes.com/2012/04/23/us/politics/shift-on-executive-powers-let-obama-bypass-congress.html

Truth is it's wrong when someone else does it, ok when I do it. I have to be honest.
JimboToronto
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August 10, 2020, 01:55:27 AM
Merited by JayJuanGee (3)

By the way, Jimbo, what do you think about the idea of driving to Mexico?  You think that it is a bit crazy?  Can carry more stuff (presuming that you can get through the borders), but then don't want to have a very nice car either, because could be a target, right?  Stick to the main roads, only drive during the day?  That kind of thing?  

Do you have any opinions one direction or another whether you thought about it or actually did it?  I know if you travel from Canada, then you would be passing through two borders, but I am just presuming the part about being able to get through the borders, and thereafter, just the issues of driving through .. maybe entering through the Loredo crossing going to Monterey then to Mexico City and then going to whatever other destination(s) from there.  I realize that there are some areas the people avoid driving through and maybe just attempt to watch whether any specific tensions or incidents might be happening in terms of passing through one area or another that might have potential issues of getting shook down.

First of all, any international travel is foolish until Covid-19 is brought under control. I'll assume you're talking about how it was pre-covid. No one knows what it will be like post-covid. Things have changed.

Personally, I'd feel safer driving through Mexico than driving through the USA, although if you stayed on the interstates, that might not be too bad.

Don't believe all the MSM bullshit about Mexico being a dangerous place to travel. The cartels don't bother foreigners unless they stick their noses in cartel business or flash wealth around, especially in areas dependent on tourism, which includes most of Mexico. They understand that their wealth depends on a healthy economy. This is the reason they have been providing massive food relief to the poor during the pandemic and have been enforcing face mask wearing while the government has been doing nothing. If you're caught in Playa del Carmen without a mask, you've gotta deal with the cartels, who can't be bought off for a few pesos like the local cops.

The ones to fear while traveling on the highways away from tourist areas are the Federales who might relieve you of anything they find, but they are less of a threat due to efforts by AMLO to replace them with the much less corrupt military.

Obviously in any place you don't know, you should stay on the beaten path, avoid bad neighborhoods and avoid flashing wealth or acting rich and arrogant, especially after dark.

As for borders, I'd worry more about entering the USA. Never had a problem at either Mexican or Canadian borders. Then again I've never driven. I do know that importing automobiles into Mexico is a hassle. Don't know about simply driving in and out as a tourist. Might be easier and cheaper to simply fly and rent a car if you really think you need to drive. It depends on what you plan to do there. Public transportation is cheap.
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August 10, 2020, 01:56:32 AM

evening charts and weekly close

trim the mizzens and tack as needed, send the night watch aloft early sir..steady as she goes
4h


50 and 200 day moving averages
D


W


the sharp pulses the RSI shows when it goes over 70 on the weekly in the 2017 bullrun are interesting imho  #dyor

#stronghands
lightfoot
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August 10, 2020, 01:58:22 AM

11,800. Put put up up.
philipma1957
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August 10, 2020, 02:03:20 AM

Number going up. Shorts getting rekt.

EDIT:
https://twitter.com/BitcoinMemeHub/status/1292619671749849088



yeah lets slap those shorts back and down and out.

12,000+ on my 34th wedding anniversary !  (Aug 9)

2 hours left Eastern standard time!!

We can do it.

Then 13,000+ on my kid brothers birthday (Aug 11)  Cheesy
JimboToronto
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August 10, 2020, 02:07:41 AM

Happy $12k.
podyx
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August 10, 2020, 02:09:06 AM

$80k in the horizon

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August 10, 2020, 02:20:10 AM

one two three four five
one two three four five six seven....
Damn, that doesn't work...
Damn, missed it by one...

Master used to say
in order to break the rules
you must learn them first

+1 WOsMerit
aesma
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fly or die


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August 10, 2020, 02:24:29 AM

Nice green candle just when I wanted to go sleep.
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lose: unfind ... loose: untight


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August 10, 2020, 02:33:28 AM
Merited by Hueristic (1)

Morning all, 12k would be good. Smiley

Done.
bitserve
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August 10, 2020, 02:34:38 AM
Merited by 600watt (1)

Feels good to check back price after an exhausting weekend and find it at $12K again. Maybe some not so distant day it won't be just "good" but euphoric while checking the price. I member that feeling. We all do.
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August 10, 2020, 02:37:52 AM

I see 12K on coinmarketcap
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August 10, 2020, 02:38:06 AM

65535
BobLawblaw
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August 10, 2020, 02:39:55 AM

https://twitter.com/BXRekt/status/1292650818559266816
suchmoon
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August 10, 2020, 03:01:44 AM

Loading...
smartcomet
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August 10, 2020, 03:06:33 AM
Merited by 600watt (1)

Bull divergence, BTC Dominance, expecting BTC to gain over alts in coming weeks. Waiting for the top indicator to reverse (detects volume movements). ETH currently more bullish than other alts. In that regard, I believe we're in an era of dual pumpage.
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August 10, 2020, 03:15:04 AM

So guys, how does the heatwave in Europe affect BTC price?
minimally. but do you think it does somewhat? why then?
I was looking at historical snapshots and noticed what may either be a trend or simply coincidence since BTC price is so volatile.
During the heatwave last year (21-28 July), BTC dropped more than 1000Usd. Same thing happened during the heatwave in 2018.
I am referring here strictly to Europe.

Coincidence.
Get enough data sets and you can come up with all sorts of weird correlations.
To repeat the old adage....Correlation is not causation.

Not causation, agreed. It's still correlation though. If so, one could be used as a predictor for the other - even without a hint to the actual cause(s).
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August 10, 2020, 03:37:41 AM

How y'all feeling at 12k. 12.1 with some resistance but should fall within the hour
Lambie Slayer
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August 10, 2020, 03:56:57 AM

Hello 12k  Grin
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