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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26407144 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.)
Walsoraj
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June 13, 2014, 03:31:52 AM

Ghash.io is a 50%

Fuuarggg

Maybe they intend to redistribute the Fed's coins before the impending sale?
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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June 13, 2014, 03:38:24 AM

Such denial of the 1W MACD

You might wanna check the 1W MACD denial early october of 2013

It might shake some sense in you kid

Chill your beans no need to get so angry you have no idea what my position is and I was making an observation. Relax.


Yeah... but what does the 1w MACD say exactly?  What does it mean to you?

I am NO expert when it comes to reading these charts; however, I noticed that it just turned red b/c of the downward spiral of  BTC prices that were taking place, today, but the 1w macD had just turned green for its new weekly bar (so the new weekly bar is only about 1 day old).  Likely the 1w macd is going to turn green again before the end of the week.. however, even if the 1week MACD does NOT turn green this week or next week, it is on the cusp of turning green within the coming few weeks.. and what that means to me, is that we will soon be entering into a bull BTC market..

Currently the BTC market is transitioning from bear to bull... but soonish, the BTC market is gonna be full bull all the way... and that means.. hang on baby!!!!!  get your cheap coins while you still can... 3-4 weeks max... maybe less.
I think you should trade with a different strategy other than following a single indicator and using your expectations about what that one indicator is going to do in the future.

You are doing meta-TA: TA-about what TA is going to occur in the future. Regular TA is already unreliable enough on its own and now you compound it.


I am working my beliefs about the direction of BTC from what I believe to be the overall long-term trends in BTC prices and BTC news/developments and what i believe is increased overall adoption of BTC by the populous... I doubt that I am really relying upon the 1 week MacD... even though I am spouting off about it.

I do NOT claim to understand the nitty gritty of TA - especially any short-term prediction, and I take with a grain of salt any short-term predictions that I read b/c so far, I have tended to be long term buy and hodl kind of BTC investor.

 







hyphymikey
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June 13, 2014, 03:41:44 AM

I bet the auctioned coins go at or over market price. The savings of slippage along with the fact that you are getting the most "legal" purchase of all time is huge.
ChrisML
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June 13, 2014, 03:42:16 AM

Smell that $666? Mmmm mjes I can. Lets go bishes.

slow down there pard'ner

we need to eat the wall at 586 first, then digest for a while before tackling satan again.

Seems likely that BTC prices will float in the $570 to $610 arena for a few days... and maybe consolidate for a while.. before deciding what to do.. which seems more likely to be up, rather than down, but what do I know?


Yesterday and the day before People said we would hoover between 640 and 655. Look at where we at now. I think we will move up from here Till 680, drop back to 630 levels and than continue to break through 700.
Searing
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June 13, 2014, 03:47:14 AM

I bet the auctioned coins go at or over market price. The savings of slippage along with the fact that you are getting the most "legal" purchase of all time is huge.


good point I overlooked the 'legal' aspect of the coins...all on the up and up so to speak....might be attractive to a person jumping in from the 'regular?" investment world (wish those guys would get off the fence already)

Searing
samsonn25
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June 13, 2014, 03:47:53 AM

Shouldnt drop below 500, if it does next major support is 430.
Walsoraj
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June 13, 2014, 03:48:19 AM

Perhaps the major selling today was by insiders who knew about Ghash's plan to attack the network?
samsonn25
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June 13, 2014, 03:52:57 AM

and some miners were hoarding mined coins to sell when the price went up
AZwarel
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June 13, 2014, 03:59:38 AM

Quote
The USMS will not transfer bitcoins to an obscene public address, a public address apparently in a country restricted by the Office of Foreign Assets Control (OFAC), a public address apparently associated with terrorism, other criminal activities, or otherwise hostile to the United States.

Lame!


yes, even talibans need bitcoin.  Roll Eyes

I was focusing on the no vulgar Bitcoin addresses part.



Imagine the headlines:

30 k bitcoins sold for 15 mill to

1FuCKyouUSofA1and1Youcank1ssMY88Ass


I just spit my beer over the keybord. shit, needs more cleaning!  Grin
Gingermod
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June 13, 2014, 04:00:51 AM

https://blockchain.info/double-spends

ghash pls
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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June 13, 2014, 04:01:43 AM


Explanation
Bitcoin_is_here_to_stay
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June 13, 2014, 04:02:15 AM


What do these double spends mean? 51% attack?

EDIT: There are even triple spends. Can somebody please explain how it is related to GHash.IO exceeding 50% hashrate?
Searing
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June 13, 2014, 04:07:59 AM

Perhaps the major selling today was by insiders who knew about Ghash's plan to attack the network?


ack! what!!!!

(scrambles to google)

you jest right?

Searing
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June 13, 2014, 04:13:44 AM


What do these double spends mean? 51% attack?

EDIT: There are even triple spends. Can somebody please explain how it is related to GHash.IO exceeding 50% hashrate?

No, not related at ALL
TERA
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June 13, 2014, 04:14:32 AM

It took about 2 weeks to break that 2 week old trendline and fall.  I think it'll take at least a month or two to break the 2 year old trendline if it does so.
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June 13, 2014, 04:24:49 AM

fuck i gata buy!

 brb


How many coins you got, Adam?  I would've thunk that you had thousands of coins, already.   and you would have largely bought back in in the lower $400s, if NOT lower.

 Cheesy

no... sadly i'm no where near being a bitlionaire

With a June 13, 2011 join date, I'd estimate Adam to have 500 to 1000 coins. But it's really none of our business.
windjc
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June 13, 2014, 04:36:20 AM

It took about 2 weeks to break that 2 week old trendline and fall.  I think it'll take at least a month or two to break the 2 year old trendline if it does so.

Repeat trendlines with pics please.
aminorex
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June 13, 2014, 04:40:44 AM


What do these double spends mean? 51% attack?

EDIT: There are even triple spends. Can somebody please explain how it is related to GHash.IO exceeding 50% hashrate?

No, not related at ALL

All of those multiple spends were in blocks relayed by either cex.io or by lukejr, both of whom are known for their historical behavior of attacking cryptocurrency security using their hashing power, in lukejr's case, successfully.
JorgeStolfi
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June 13, 2014, 04:44:44 AM

I bet the auctioned coins go at or over market price. The savings of slippage along with the fact that you are getting the most "legal" purchase of all time is huge.
But there are 4000 new coins mined per day, totally clean.  Why would those 30'000 coins from the FBI (8 days' worth of mining) make such a difference?
jl2012
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June 13, 2014, 04:46:31 AM


What do these double spends mean? 51% attack?

EDIT: There are even triple spends. Can somebody please explain how it is related to GHash.IO exceeding 50% hashrate?

No, not related at ALL

All of those multiple spends were in blocks relayed by either cex.io or by lukejr, both of whom are known for their historical behavior of attacking cryptocurrency security using their hashing power, in lukejr's case, successfully.

A private key owner could double/triple/quadruple.....-spend his coin (of course, only one of these could be included in the blockchain). It's not related to mining pool.
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