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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26364855 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.)
p0peji
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May 16, 2014, 11:23:22 AM

Those buy walls were gone quickly  Wink

Edit:

There must be some rich motherfucker trying to spark a rally or something, because each time it fails buy walls are gone in an instant.

And that is pretty annoying for you , isn't' it? Smiley))))



Well what bothers me is that is postponing the inevitable drop, in which case my shorts will bring me more $ than they are now.
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dreamspark
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May 16, 2014, 11:24:31 AM



Well what bothers me is that is postponing the inevitable drop, in which case my shorts will bring me more $ than they are now.

Can I borrow that crystal ball after you ?
Ultros
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May 16, 2014, 11:25:03 AM


Well what bothers me is that is postponing the inevitable drop, in which case my shorts will bring me more $ than they are now.

Inevitable is a word one should use with caution.
niothor
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May 16, 2014, 11:25:41 AM

Those buy walls were gone quickly  Wink

Edit:

There must be some rich motherfucker trying to spark a rally or something, because each time it fails buy walls are gone in an instant.

And that is pretty annoying for you , isn't' it? Smiley))))



Well what bothers me is that is postponing the inevitable drop, in which case my shorts will bring me more $ than they are now.

Oh , the drop , the crash , the igorr pocalypse , that thing that is not coming and it drives bears nuts Smiley
Arghhh
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May 16, 2014, 11:31:58 AM

My new view of the market:



I wouldn't be suprised to see flat for an entire year.

I wouldn't be surprised to see that you're fucking wrong for the 10th time.
Remember your case-in-point during October?



Anyone who thinks bitcoin is staying 500 for a year is delusional. You're not fooling anyone.
p0peji
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May 16, 2014, 11:33:56 AM

Another thing that annoys me is that when I write "Inevitable crash" I get 3 responses within a minute stating that I am pulling predictions out of my ass. While in the meantime if for example Chessnut predicts "CCMF" with his EW analysis (which he hasnt the slightest idea about), people are already like "CCMF" etc.
TERA
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May 16, 2014, 11:38:50 AM

My new view of the market:



I wouldn't be suprised to see flat for an entire year.

I wouldn't be surprised to see that you're fucking wrong for the 10th time.
Remember your case-in-point during October?



Anyone who thinks bitcoin is staying 500 for a year is delusional. You're not fooling anyone.

Yes I could be wrong. My type of assertion is 'I wouldn't be suprised' and you don't see me placing any bets do you. And why do you think I'm trying to 'fool' someone? What motive could I possibly have for claiming the market will be flat?
Hunyadi
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May 16, 2014, 11:38:57 AM



Circle seems to be what really is needed for not so technically savvy users. It looks to be as easy to use as Paypal, which is huge improvement compared to the current situation!
Tzupy
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May 16, 2014, 11:39:19 AM

My new view of the market:



I wouldn't be suprised to see flat for an entire year.

I would be very surprised to see flat like you drew those 'lines'.
Historic data say that the market should go down until it finds the real bottom and then rebound.
MahaRamana
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May 16, 2014, 11:39:41 AM

Also this chart seems to say that the bitcoin system currently costs 30 USD per transaction:
https://blockchain.info/charts/cost-per-transaction
The cost of running the system is currently hidden in the inflation caused by mining, but in the long run will have to be paid by users as transaction fees.  If the numbers above are correct, bitcoin will be inviable for payments below 1000 USD.

It's an compelling argument on the face of it, but the question is compared to what?
What is the transaction and system maintenance cost of a USD/GBP/EUR fiat transfer?

What is interesting is the marginal cost of a transaction, not the average.
In other words : how much does it cost for the system in place to generate one more transaction ?
gizmoh
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May 16, 2014, 11:40:32 AM

Another thing that annoys me is that when I write "Inevitable crash" I get 3 responses within a minute stating that I am pulling predictions out of my ass. While in the meantime if for example Chessnut predicts "CCMF" with his EW analysis (which he hasnt the slightest idea about), people are already like "CCMF" etc.

You are in bulls territory, live with it, and parade only when the price is crashing  Wink
dreamspark
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May 16, 2014, 11:43:29 AM

Another thing that annoys me is that when I write "Inevitable crash" I get 3 responses within a minute stating that I am pulling predictions out of my ass. While in the meantime if for example Chessnut predicts "CCMF" with his EW analysis (which he hasnt the slightest idea about), people are already like "CCMF" etc.

Well don't use words like "inevitable crash" saying CCMF around here is just a buzz word, It doesn't mean we are inevitably crashing upwards. (though on a long term scale its probably true Wink )

And at least chessnut posts some charts and reasons for saying that. If Im not mistaken you posted the other day crash of the century incoming when we were at $442...
TERA
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May 16, 2014, 11:43:48 AM

Only uberbullish projections are allowed here.  Bearish projections and even completely neutral projectons will be met with a gauntlet of hostility and profanity. Meanwhile 1,000 wrong projections will be made each day by bulls and they will be perfectly acceptable and ignored. It's a double standard.
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May 16, 2014, 11:47:12 AM

Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?
dreamspark
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May 16, 2014, 11:48:52 AM

Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?

Yeah why is that, fonzie and igoor and mah37 are all such rational posters.
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May 16, 2014, 11:49:39 AM

Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?

not true. there are plenty of savage bears around here.
niothor
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May 16, 2014, 11:49:47 AM

Another thing that annoys me is that when I write "Inevitable crash" I get 3 responses within a minute stating that I am pulling predictions out of my ass. While in the meantime if for example Chessnut predicts "CCMF" with his EW analysis (which he hasnt the slightest idea about), people are already like "CCMF" etc.

And from where are you pulling your predictions?
mmitech
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May 16, 2014, 11:50:11 AM

3600BTC ....now volume is really pathetic, I think that any action will be a couple weeks after the Bitcoin Amestrdam conference.



TERA
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May 16, 2014, 11:52:06 AM

3600BTC ....now volume is really pathetic, I think that any action will be a couple weeks after the Bitcoin Amestrdam conference.




There is a bit of volume on hoHBoy. About 14,000BTC within the past 3 hours.
Davyd05
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May 16, 2014, 11:53:51 AM

Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?

Nice troll, currently in contention for the best of 2014'
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