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November 13, 2024, 07:08:00 PM *
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Question: Price Target for Nov. 30, 2024:
<$75K - 2 (3.2%)
$75K to $80K - 1 (1.6%)
$80K to $85K - 2 (3.2%)
$85K to $90K - 7 (11.3%)
$90K to $95K - 12 (19.4%)
$95K to $100K - 10 (16.1%)
>$100K - 28 (45.2%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26494120 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.)
BBmmBB
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October 13, 2014, 05:22:10 AM

Geez. this market is a motherfucker...


we might need to bring the price down to $150 here to shake out the monkeys! ?  Cool
keewee
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October 13, 2014, 05:24:11 AM

This thread could be a collection of missed calls
With so many many many pages on speculation
I wonder how many times it was right lol.

Great question! Now that would be a time consuming study. I'd have to unblock a whole heap of users to do that, not that I will  Grin
JimboToronto
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October 13, 2014, 05:33:13 AM

If there is any consolation in this protracted bear-market, it is seeing JimboToronto being persistently proved wrong...

LOL

About what now? Shroomskit's age? I thought he said he was 40 when he posted for dating help. That was my last post in this thread (I think).

I don't generally make predictions so it can't be a wrong prediction. I don't post about cryptography or other tech matters unless I'm well-versed in them so hopefully I didn't post something wrong about the protocol itself..

The closest I come to a prediction is to declare a trend reversal a week after it happens as I did today. Even then I usually qualify it with an IMHO or some similar wording.

Perhaps it's because I referred to $700, $500, and $300 coins as being cheap. I'll still stand by that, just as I considered my $151, $128, $105, $95 and $68 coins cheap when the price dropped to $50 last year. Here's a prediction for you: by 2016 $1000 coins will be considered cheap.

I try to maintain a balanced approach to moderate bears and bulls alike. One of my most recent posts was to chide an overly enthusiastic bull about spamming the forum with similar threads. I'm not afraid to call out trolls like Failing, MatTheCat or Dump3er though.

Perhaps it's the fact that I find humor in bears who take themselves too seriously and post humorous images about them. Perhaps it's the fact I don't think that traditional Technical Analysis is necessarily applicable to Bitcoin. Maybe you just don't like my sense of humor.

Please explain how I've been "persistently proved wrong". I respectfully await your response.

TL;DR- Put up or shut up.
nanobrain
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Dumb broad


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October 13, 2014, 05:45:13 AM

This thread could be a collection of missed calls
With so many many many pages on speculation
I wonder how many times it was right lol.

Great question! Now that would be a time consuming study. I'd have to unblock a whole heap of users to do that, not that I will  Grin

Being right or wrong isn't really an issue for me: it's acting like a pompous twat and calling people names at the first sight of a price change (before skulking off when it proves illusory) which is rather tragic.

Some of the most interesting and educated posters (TERA, Jorge, Mat) have been hounded from these pages by certain "loud voices", while others like MMi get regularly abused for being 'bearish' in the midst of a massive bear market.

Anyway, in an attempt to stay positive: if anyone has not seen it, TimWest has contributed another good analysis

https://www.tradingview.com/v/YDhHqWUc/

And below the line someone is spruiking a new service

http://www.cryptoalerts.net/

I checked it out and it seems pretty standard stuff...not sure I'd be paying $60 a quarter for someone to tell me the MACD is crossing.
ChartBuddy
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October 13, 2014, 06:00:59 AM


Explanation
empowering
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October 13, 2014, 06:03:48 AM

Watch out... thread police ! runnnnn Cheesy
JimboToronto
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October 13, 2014, 06:05:43 AM

This thread could be a collection of missed calls
With so many many many pages on speculation
I wonder how many times it was right lol.

Great question! Now that would be a time consuming study. I'd have to unblock a whole heap of users to do that, not that I will  Grin

That's why I avoid using the ignore function except in one case of extreme arrogance and cluelessness. Even then I'll occasionally peek because I consider the ignore function to be a bit of an ostrich with its head in the sand.

Also, sometimes trolls can be funny.  Smiley
freedomno1
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Learning the troll avoidance button :)


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October 13, 2014, 06:09:07 AM

This thread could be a collection of missed calls
With so many many many pages on speculation
I wonder how many times it was right lol.

Great question! Now that would be a time consuming study. I'd have to unblock a whole heap of users to do that, not that I will  Grin

Looks at total pages 9364
Deduct Chartbuddy from this equation - 586 Pages
8788 Pages of Pure Speculation and talking heads to go through needs an interpretation bot  Wink
Davyd05
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October 13, 2014, 06:36:55 AM

cup formed will the handle follow with profit taking?

4h stamp

I like the look of the 1week candles for arbitrary reasons

what say you observers? is the cup more of a saucer Cheesy
ChartBuddy
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October 13, 2014, 07:00:58 AM


Explanation
edwardspitz
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October 13, 2014, 07:34:30 AM

this chart literally PROVES the next few hours are critical!  Cheesy

You can draw lines to make every second critical but depends on what tf you really care about... end of day only indicator you need is volume.

I think volume can be totally misleading sometimes. This is unfortunate because it is the most important indicator and because other technical indicator rely on it. I think "Wash trading" is a lot more common than we think... even on some exchanges that have fees.

Quote
“Wash trading is a very big deal in traditional finance, but in bitcoin-land, I could just say I traded $1tn in bitcoin derivatives yesterday, but if you’re stupid enough to believe me, then go ahead.”
http://www.coindesk.com/chinese-markets-dominance-poses-questions-global-bitcoin-trading-flows/

Another problem is high volume events where a trader will buy or sell into his own orders  in order to cause panic.

I think it is a problem and that it could be avoided (to some extent) if each trader could be identified with a code like in the stock markets. It could still be totally anonymous.
Bagatell
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October 13, 2014, 07:46:02 AM

That's why I avoid using the ignore function except in one case of extreme arrogance and cluelessness. Even then I'll occasionally peek because I consider the ignore function to be a bit of an ostrich with its head in the sand.

Also, sometimes trolls can be funny.  Smiley

Life's too short imo and they usually get quoted anyway.
FNG
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October 13, 2014, 07:51:16 AM

$370.01   1063.40043320   $393,468.79
$370.00   1404.37549560   $519,618.93

JimboToronto
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October 13, 2014, 07:59:34 AM

Here we go again?
macsga
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Strange, yet attractive.


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October 13, 2014, 08:00:11 AM

$376 now on stamp. Looks like the train is coming...  Grin
mmitech
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October 13, 2014, 08:00:20 AM

short term looks bullish...
ChartBuddy
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October 13, 2014, 08:01:00 AM


Explanation
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October 13, 2014, 08:06:14 AM

Choooooo


Grab my hand, grab my hand, oh noes, too late :-)
tarmi
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October 13, 2014, 08:11:28 AM

go go go noobs

buy into major resistance
FNG
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October 13, 2014, 08:13:38 AM

Bitfinex jumping ahead of Stamp by $5...how are your shorts doing?
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