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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%)
8/4 - 16 (13.1%)
8/11 - 7 (5.7%)
8/18 - 6 (4.9%)
8/25 - 8 (6.6%)
After August - 73 (59.8%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26486729 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.)
dreamspark
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May 25, 2014, 11:29:23 AM

almost 3 k btc dumped and price is still north of 560  Shocked



c          c          m          f

Wait till the whale buys back in..

Haha, the same one, at $75,000 loss Wink

Nah the whales are the ones who dump first, they then let everyone else dump into them and then we move up again. Only the pigs make losses like that Wink
dreamspark
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May 25, 2014, 11:30:14 AM


I wonder how many of the bears (igorr, matthecat, windy) have bought back in..
they are not bears they are noobs and trolls.you forgot fonzi

lol windjc is not a noob and has more BTC than you, pretty much guarantee it he was shorting 1000BTC +
segeln
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May 25, 2014, 11:31:37 AM


I wonder how many of the bears (igorr, matthecat, windy) have bought back in..
they are not bears they are noobs and trolls.you forgot fonzi

lol windjc is not a noob and has more BTC than you, pretty much guarantee it he was shorting 1000BTC +
allright,windjc excluded
BitchicksHusband
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May 25, 2014, 11:32:01 AM

I don't get all the excitement about such a small price rise. This valuation is still only 1% of what it needs to be...
I'm not sure I'd call +$100 in less than a week "a small price rise"...

Only in bitcoin...
zimmah
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May 25, 2014, 11:36:58 AM

it may be nothing, but maybe a new trend is forming.

If this trend actually proves to be true, it's a VERY bullish one. This one is pretty steep.



The other lines you are seeing are also exponential lines (linear on a log chart) and are pretty steep themself, but they look almost horizontal compared to the new lines!

(1 or 2 of them are resistance lines though)
JorgeStolfi
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May 25, 2014, 11:38:51 AM

3600 CNY was the price on March 26, just before Caixin leaked the PBoC's "strenghtening" directive.

It is as if that directive did not exist.  Perhaps the end of leveraged trading and other monkey business compensated the new hurdles for moving CNY into the exchanges?

wachtwoord
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May 25, 2014, 11:40:12 AM

3600 CNY was the price on March 26, just before Caixin leaked the PBoC's "strenghtening" directive.

It is as if that directive did not exist.  Perhaps the end of leveraged trading and other monkey business compensated the new hurdles for moving CNY into the exchanges?



Newsflash: it didn't matter.
BitchicksHusband
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May 25, 2014, 11:40:21 AM

Learn to sell and take profit during an uptrend, the train isn't going to the moon so soon, there will be a deep correction soon.



Learn bitcoin.  The train IS going to the moon ($5000-$6000 in this case most likely).  This is what bitcoin does.  The deep correction will be in August, down to a "low" of $2000 at least by December.
BitchicksHusband
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May 25, 2014, 11:41:28 AM

Cant go up forever!

Someday we'll reach the vertical of the adoption curve and you'll see that we seemingly CAN go up forever.  It will be the bubble to end all bubbles.
zimmah
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May 25, 2014, 11:45:30 AM

Learn to sell and take profit during an uptrend, the train isn't going to the moon so soon, there will be a deep correction soon.



Learn bitcoin.  The train IS going to the moon ($5000-$6000 in this case most likely).  This is what bitcoin does.  The deep correction will be in August, down to a "low" of $2000 at least by December.


yes and people will cry and forget that we even were at $400 a few months before that. And they'll scream bitcoin has failed and say "i told you it was a bubble" and they spread FUD and extrapolate their charts to 'prove' "if it continues to fall at this rate we'll hit 0 in December and -$3000 in January." etc. etc.

 
NotLambchop
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May 25, 2014, 11:47:10 AM

Learn to sell and take profit during an uptrend, the train isn't going to the moon so soon, there will be a deep correction soon.



Learn bitcoin.  The train IS going to the moon ($5000-$6000 in this case most likely). ...

Trains don't go to the moon.  No tracks, weird gravity, other stuff.  I'm super serious.
Angry
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May 25, 2014, 11:47:41 AM

Learn to sell and take profit during an uptrend, the train isn't going to the moon so soon, there will be a deep correction soon.



Learn bitcoin.  The train IS going to the moon ($5000-$6000 in this case most likely).  This is what bitcoin does.  The deep correction will be in August, down to a "low" of $2000 at least by December.

Since this IS a fact according to you can i assume you took a huge loan, sold your house, your car, really anything you could to put this money into Bitcoin. Considering this is a fact you'd be crazy not to. Right?

Or did you mean to say it's a possibility?
wachtwoord
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May 25, 2014, 11:48:14 AM

Learn to sell and take profit during an uptrend, the train isn't going to the moon so soon, there will be a deep correction soon.



Learn bitcoin.  The train IS going to the moon ($5000-$6000 in this case most likely). ...

Trains don't go to the moon.  No tracks, weird gravity, other stuff.  I'm super serious.
Angry

Okay, attack the metaphor ...  Cheesy
NotLambchop
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May 25, 2014, 11:52:15 AM

Learn to sell and take profit during an uptrend, the train isn't going to the moon so soon, there will be a deep correction soon.



Learn bitcoin.  The train IS going to the moon ($5000-$6000 in this case most likely). ...

Trains don't go to the moon.  No tracks, weird gravity, other stuff.  I'm super serious.
Angry

Okay, attack the metaphor ...  Cheesy

Take the train by the horns and block that metaphor!!1
wachtwoord
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May 25, 2014, 11:54:06 AM

Learn to sell and take profit during an uptrend, the train isn't going to the moon so soon, there will be a deep correction soon.



Learn bitcoin.  The train IS going to the moon ($5000-$6000 in this case most likely). ...

Trains don't go to the moon.  No tracks, weird gravity, other stuff.  I'm super serious.
Angry

Okay, attack the metaphor ...  Cheesy

Take the train by the horns and block that metaphor!!1

Trains don't have horns!
tuneman1980
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May 25, 2014, 11:57:19 AM

Learn to sell and take profit during an uptrend, the train isn't going to the moon so soon, there will be a deep correction soon.



Learn bitcoin.  The train IS going to the moon ($5000-$6000 in this case most likely).  This is what bitcoin does.  The deep correction will be in August, down to a "low" of $2000 at least by December.

I'm with you.  I think we could even see $6,000+ in a year.  http://cryptocoinstats.com/priceforecaster.php
ChartBuddy
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May 25, 2014, 12:00:37 PM


Explanation
NotLambchop
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May 25, 2014, 12:02:18 PM

@wachtwoord: All moon-bound train have horns.  Some that honk, and some that poke loocomodors. (a popular sport pitting a man with a red cape against a furious locomotive)
You're thinking old fashioned earthbound trains.
wachtwoord
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May 25, 2014, 12:05:39 PM

@wachtwoord: All moon-bound train have horns.  Some that honk, and some that poke loocomodors. (a popular sport pitting a man with a red cape against a furious locomotive)
You're thinking old fashioned earthbound trains.


"On the anatomy of non-Earth-bound trains" by NotLambchop, 2014
octaft
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May 25, 2014, 12:25:35 PM

I guess that guy has too much money and wants to sell his coins cheap. Very altruistic of him. Just like that guy 2 days ago who dumped 600 coins while we were going up. Very nice guy.

There's nothing charitable about it, really. It's just profit realization during the rise. If you're a holder, more power to you, you will be unaffected, but those who trade need to make sure they don't get greedy. It's the same thing as waiting for it to drop another $50 before buying, you keep waiting for more $50 drop/rises, eventually one doesn't come and you miss out on some serious profit if you didn't buy/sell any on the way.

What I mean to say is traders should not get greedy.
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