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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12274. (Read 26609231 times)

legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
legendary
Activity: 2534
Merit: 1129
Calling it...

Final low on Bitstamp ----> $2236

Reasoning ?

(otherwise it's a useless guess)
legendary
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
Bcash SV up 43%.. so organic.

Think of it this way: People funded this monster by buying that Antminer crap and letting them drive other miners out.

Payback time.
legendary
Activity: 2534
Merit: 1129
Honestly, if this isn't the last capitulation then I don't know what is.

All this constant, concentrated selling and shorting....with zero impetus....seen this movie before.

I still think the volume is not quite there.  Have a look at 1D and 4H. 

Yes.  2 or 3 days at $10BN might be needed to clear the large stashes which have become nervous.
legendary
Activity: 2464
Merit: 1145
Something positive:

Indicators say its quite oversold so chance of a bounce is there
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
This is not free market behaviour.
Theres a mad "professor" dumping his bags. More than any buyer can absorb.

There are many large holders from early years to whom $1000 per BTC represents a huge price.

They may have been confident before, but they might be inclined to sell 100,000's of BTC to avoid even a small chance of losing everything. That could be many billions of dollars that someone has to cough up.

There were huge sales at around $200 in 2015, and there is plenty more where that came from.

Balance will eventually be found, but the bottom is not yet predictable.

1000$ was huge! Many have been sucked into the price increase and thought it would continue...

See everyone lower
member
Activity: 138
Merit: 11
Calling it...

Final low on Bitstamp ----> $2236

Don't say so.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
sr. member
Activity: 502
Merit: 251
Calling it...

Final low on Bitstamp ----> $2236
sr. member
Activity: 696
Merit: 439
legendary
Activity: 2534
Merit: 1129
This is not free market behaviour.
Theres a mad "professor" dumping his bags. More than any buyer can absorb.

There are many large holders from early years to whom $1000 per BTC represents a huge price.

They may have been confident before, but they might be inclined to sell 100,000's of BTC to avoid even a small chance of losing everything. That could be many billions of dollars that someone has to cough up.

There were huge sales at around $200 in 2015, and there is plenty more where that came from.

Balance will eventually be found, but the bottom is not yet predictable.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
those of you that invested at 20k... this is your time to sell Cheesy

seroiusly it probably is best to get rid about now.

Yeah cause daily 5-10-15% losses.....
Strange there are still %’s left to lose Roll Eyes
legendary
Activity: 2842
Merit: 1511
What price pride?

Yep, of all the things a man values pride is the one he will sacrifice last.
hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
those of you that invested at 20k... this is your time to sell Cheesy

seroiusly it probably is best to get rid about now.
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
time to start shooting krokodil in my eyeball
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
SV has flipped ABC. SV up 27% today. Strange how ver/wu allowed this to happen considering their huge SV stash

I reckon they're going to let them feel some euphoria and then unleash their titanic ring piece on it.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
This is not free market behaviour.
Theres a mad "professor" dumping his bags. More than any buyer can absorb.

if Ver and Wu were smart they would give up on ABC, dump both ABC and SV, and buy Bitcoin. that would fuck faketoshi over

SV has flipped ABC. SV up 27% today. Strange how ver/wu allowed this to happen considering their huge SV stash

Its a skirmish not the war imho.
legendary
Activity: 2050
Merit: 1184
Never selling
if Ver and Wu were smart they would give up on ABC, dump both ABC and SV, and buy Bitcoin. that would fuck faketoshi over

What price pride?

Higher, most likely.

Depends whether it slides into survival. My willy is telling me that they haven't made their move yet.

seems like they are doing nothing
member
Activity: 368
Merit: 31
Bcash SV up 43%.. so organic.

was it organic when bitcoin went from 3000 to 20000 in less than three months last year?

yes, whales manipulate markets, this is nothing out of the ordinary.

legendary
Activity: 3780
Merit: 5429
Bcash SV up 43%.. so organic.

Those fools are gonna be holding a shit ton of SV bags... I don't even think CSW cares about that shit
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