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Question: Closing BTC Price June 17:
$0 - 4 (3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21227297 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. (66 posts by 16 users deleted.)
FNG
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November 06, 2014, 04:02:20 PM

oh my
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ShroomsKit
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November 06, 2014, 04:02:41 PM

Which one of you dumped 100 coins at 448?

Shit like that just makes me day.
abercrombie
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November 06, 2014, 04:03:11 PM

ShroomsKit
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November 06, 2014, 04:06:50 PM

The problem with rallies lately though is that they stop real quick and then we slowly go back to the previous low.
Like now some crazy buys at 350 and soon it all stops and we'll go below 350 and from there nothing happens anymore till the dumpers take over taking us back to 330 again. Let's hope it's different this time.
NotLambchop
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November 06, 2014, 04:07:54 PM

Which one of you dumped 100 coins at 448?
..

Not 100.  Will I regret it?
Erdogan
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November 06, 2014, 04:08:17 PM

Hoarding is simply the same as saving. Savings are what makes capitalism a viable economic model. Inflation is a stealth tax from those who have last use of new money (the poor, middle class) to the pockets of those who have first use of new money (the banks, wealthy, government).

It is not quite so simple. Standard economists worry that if inflation becomes too low (or if there is deflation), incentive to hoard increases and incentive to invest drops, which could lead to negative growth, the bête noire of capitalism.



The situation you refer to is only possible in a domain where there is an artificially enforced monopoly on the money supply, e.g. central bank, totalitarian capital controls, etc.

Free markets rapidly fill shortages of goods, monetary or otherwise, and correct mispricing.

Can't let that happen, can we?

In Estonia, which was totally fucked up for a decennium or so, got a new money system after the fall of the Soviet Union, they had no money to subsidize, so they started with essentially a free market. It took 3 weeks to eviscerate all goods shortages. Heard it on Tom Woods show, I am too lazy to give a more accurate reference.
EuroTrash
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November 06, 2014, 04:09:17 PM

Shake it shake it baby! We all know this is going to get down again anyway(*). But hey let's watch some shorts getting squeezed  Cool

* Because this and also because of other stuff I have on my own charts
ShroomsKit
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November 06, 2014, 04:10:18 PM

These goddamn dumpers. What is it with these people! For once just stop selling if we go up 10 bucks!
Thomas-s
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November 06, 2014, 04:11:42 PM

These goddamn dumpers. What is it with these people! For once just stop selling if we go up 10 bucks!
Relax, just a small shakeout  Wink
podyx
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November 06, 2014, 04:13:53 PM

You guys think there will be a weekend dump??
ShroomsKit
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November 06, 2014, 04:14:27 PM

Oh look. Already a new wall at 350. Because no matter what we just have to go down. That apparently is the only thing that counts for traders. We just must go down. No other option. Down down down. Only way to make money.
Erdogan
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November 06, 2014, 04:15:38 PM

Hoarding is simply the same as saving. Savings are what makes capitalism a viable economic model. Inflation is a stealth tax from those who have last use of new money (the poor, middle class) to the pockets of those who have first use of new money (the banks, wealthy, government).

It is not quite so simple. Standard economists worry that if inflation becomes too low (or if there is deflation), incentive to hoard increases and incentive to invest drops, which could lead to negative growth, the bête noire of capitalism.



The free market will produce extended saving in money (and therefore lowering prices) only when it is called for, that is, only when investments were too high in the preceding period.

What we have now, is that the decision to save, to invest, or to consume is taken away from the citizens, because the masters think that they can decide better (And the sheep does not see what is happening).

Re: 6 new railways in China, Ghost cities, Olympic stadiums, bridges to nowhere.
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November 06, 2014, 04:16:20 PM

Oh look. Already a new wall at 350. Because no matter what we just have to go down. That apparently is the only thing that counts for traders. We just must go down. No other option. Down down down. Only way to make money.

you should seek psychological advice my friend, sounds like serious bitcoin-bull-fuckedmania
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November 06, 2014, 04:16:57 PM

http://finance.yahoo.com/tumblr/blog-rouble-collpase-could-fuel-next-bitcion-run-153153403.html?.tsrc=applewf
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November 06, 2014, 04:19:09 PM

Oh look. Already a new wall at 350. Because no matter what we just have to go down. That apparently is the only thing that counts for traders. We just must go down. No other option. Down down down. Only way to make money.

https://www.youtube.com/watch?v=dCe6e23yIT8
 Cool

Why do you care so much? We'll be up again, sooner or later.
ShroomsKit
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November 06, 2014, 04:19:29 PM

The problem with rallies lately though is that they stop real quick and then we slowly go back to the previous low.
Like now some crazy buys at 350 and soon it all stops and we'll go below 350 and from there nothing happens anymore till the dumpers take over taking us back to 330 again. Let's hope it's different this time.

As always my market analysis is spot on. I should get paid for these posts.
noobtrader
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November 06, 2014, 04:20:13 PM

Oh look. Already a new wall at 350. Because no matter what we just have to go down. That apparently is the only thing that counts for traders. We just must go down. No other option. Down down down. Only way to make money.

back to 347... yay
ShroomsKit
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November 06, 2014, 04:21:41 PM

Oh look. Already a new wall at 350. Because no matter what we just have to go down. That apparently is the only thing that counts for traders. We just must go down. No other option. Down down down. Only way to make money.

https://www.youtube.com/watch?v=dCe6e23yIT8
 Cool

Why do you care so much? We'll be up again, sooner or later.

Maybe because we've been going down for a year and i'm tired of it?
Every single rally gets almost instantly stopped with dumps and walls. Every single one of them.
The buying will stop one day. It really will. One day everyone will be like fuck this thing and move on.
Traders don't seem to understand this or simply don't care.
ClearLunatic
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November 06, 2014, 04:22:48 PM

I heard SR2 is closed

Byebye Bitcoin
ssmc2
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November 06, 2014, 04:23:54 PM

I heard SR2 is closed

Byebye Bitcoin

Lol
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