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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16318. (Read 26623464 times)

legendary
Activity: 1652
Merit: 4393
Be a bank
When you forced into slavery by your government (worse, sent off to die) you tend to be sad.
No of course. Not impugning the soldiers here at all. Young people can all too easily be 'persuaded' to do all sorts of stupid things.
the propaganda aspect was mildly interesting, is all
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas


When you forced into slavery by your government (worse, sent off to die) you tend to be sad.
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 1652
Merit: 4393
Be a bank
frankly the more that guy on the telly who works there (and seems so generally decent) says 'oh Bitfinex is fine' and 'there's no big whale' the more certain i become that Bitfinex will crash and burn.

not that it matters long term to the price. just that decent guys can and do get duped; end up, what, humiliated? untrustworthy?
legendary
Activity: 1078
Merit: 1441
Blockchain Overview

There have been 9506 blocks mined since the hard fork.

(1606 blocks ahead of the original chain)


The Bitcoin Cash blockchain is currently operating at 10% of the original chain's difficulty.


The original chain has grown 6.37GB more than the Bitcoin Cash blockchain.


It is currently 12.1% more profitable to mine on the Bitcoin Cash blockchain.

Current BCash Price: $415 ish




~1.3% hashrate for BCash Alt-coin  Cheesy

Who was posting the little comparison updates between the 2 chains?

Had difficulty and price and which one was more profitable. Haven't seen one for a while.
member
Activity: 122
Merit: 10
Well my take on the current state of play is like this:

People who had the inside knowledge on what was brewing in China shorted and dumped to induce some fear into the market.

Then starts the FUD, drip, drip, drip. Price goes down accordingly. Then the actual news was confirmed. Down some more. Nom,nom, cheap coins.

Then Jamie Demon, who probably also had the inside line on China has a go. Even cheaper coins. All while the price hasn't gone anywhere near parabolic for this cycle. Banks are scared, with profit and revenue down. To them $180bn is a big fucking pie. Governments are worried too, as we all know. They would all love to see crypto fail. And yet some people still want even cheaper coins, cue more FUD about China banning mining. These people are either playing the long game and don't care if they push it into a bear market, or they think it's gonna moon.

It's the evil plot by some governments and banksters to grab some cheap coins. If it's too late and BTC is closing in on $5000 why don't we just crash the market down with some fud and jump on board of a leaving train.  Grin
sr. member
Activity: 539
Merit: 265
I am a full time trader since ~2 years

I talked with a few commercial people which are trading Fiat money about BTC, many of them asked me how to buy and trade BTC.

The salient point is that many traders and investors are just started to switch from fiat money to crypto currencies.
The buy support is real, it's a completely different than about a year ago!

The bears have to realise, shorting BTC is very risky!
There are no "fake buy walls" like the few times before.
Nobody can stop BTC in this field , to participate the only way, huge investors are willing to buy into BTC and just the sky is the limit!
Goldman Sachs will to laugh down the "bears" and buying the tips, the fiat money reserves are endless!
Just BTC is confined and has a real value in the future.

Why to venture a short and losing all your bitcoins, if BTC will gain more in the next years than every other investment you can acquire with fiat money!

best wishes your Altcoinanalytics
member
Activity: 122
Merit: 10
But Bitcoin can never be stopped. Slowed down - yes. Stopped - no.  Smiley  So ATH is only delayed not cancelled.
sr. member
Activity: 490
Merit: 250
Saved you from a scam? Send me some BTC!
Well my take on the current state of play is like this:

People who had the inside knowledge on what was brewing in China shorted and dumped to induce some fear into the market.

Then starts the FUD, drip, drip, drip. Price goes down accordingly. Then the actual news was confirmed. Down some more. Nom,nom, cheap coins.

Then Jamie Demon, who probably also had the inside line on China has a go. Even cheaper coins. All while the price hasn't gone anywhere near parabolic for this cycle. Banks are scared, with profit and revenue down. To them $180bn is a big fucking pie. Governments are worried too, as we all know. They would all love to see crypto fail. And yet some people still want even cheaper coins, cue more FUD about China banning mining. These people are either playing the long game and don't care if they push it into a bear market, or they think it's gonna moon.

I know what I'm betting on. If I'm wrong and it goes down, I ain't too bothered. I'm in it for the long haul.

Peace out boys. Not you though r0ach. Scuttle off back to your hole you weird racist prick.
copper member
Activity: 2898
Merit: 1465
Clueless!
I'll give you guys here a sneak peek into the future of seasteading because the people here understand the implications of it.

Excellent video with some behind the curtain looks into what will be revealed in the next couple of months.
https://www.youtube.com/watch?v=UVAicGsF4DA


Sorry...our robot overlords will control us first. (they will use crypto however to enslave us) Smiley



https://www.youtube.com/watch?v=bAdqazixuRY














legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I'll give you guys here a sneak peek into the future of seasteading because the people here understand the implications of it.

Excellent video with some behind the curtain looks into what will be revealed in the next couple of months.
https://www.youtube.com/watch?v=UVAicGsF4DA
copper member
Activity: 2898
Merit: 1465
Clueless!
If China bans the Chinese miners and they have to shut down and move, that would be short term bearish but soooo hella bullish in the long term.

Think about it. They would have to move equipment from provinces where they are essentially getting free electricity, to places that would actually charge them money per kwh. It would level the playing field with other miners scattered all over the world. They would then have to hold more and charge more for their mined bitcoin.

Charlie tweeted a few hours ago that according to his trusted source, there won't be a mining ban or a cut off from the network.
It seems mostly to be FUD and manipulation by some whales!

https://twitter.com/SatoshiLite/status/911067464796053506


China has to have some option to slow growth for 2018, when BTC hits 10k a coin....can't shoot all their powder dry now Smiley
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"






Either way, I see BTC going south.[/b]

Either way, I hope you are putting your money where your mouth is - because you seem to be hedging too much in the down direction (or hoping - and spouting out certainty FUD in order to attempt to get your down wish to come true), and it could be a painful lesson.

My point is that nothing is certain in bitcoin whether that is down or up, and I am hedged in both direction, even though I currently conclude that our odds for 15% up are a bit greater than our odds for 15% down (maybe 55% for up and 45% for down?).. I am not going to bet too heavily either way (even though of course, I have money invested in bitcoin, so of course, i am better off if the price goes up.. which seems that there continues to be ongoing upwards price pressures)

Looks like I am becoming right. I think it's only going to go down south from here.



I know where I think we are Tongue

That chart is bullshit, in my 10+ years of trading experience and I have never seen a market behave like that.  Cheesy



Looks like you are talking a bunch of bullshit.  If your goal is to be right, then you just make up a bunch of shit, and then try to suggest that you are speaking some kind of truth.

Get a fucking grip..  We are in a bitcoin bull market.  You understand that?  we have been in such bull market since about late 2015 - of course we did NOT realize that we were in a bull market until about May 0f 2016 - however, frequently it takes several months to work out the market direction and to determine whether there is a change in market direction.. and even if you happen to be correct that the market direction is turning downwards, we are not likely to know that for several months, and we certainly are not going to know that merely because we had a 40% price correction from $4980 to $2972 - even when that market correction was immediately preceded by a price increase of nearly 90% from $2600 to $4980. 

So get real if you are trying to assert that prices are going down, when the overall direction has been up, and we are not even below the price in which we started in the most recent bump (which is $2600)... So if we go below $2600, then possibly we could consider thinking about down - however, I would suggest that the price had better go a hell-of-a lot lower than $2600 if you are going have some actual market movement to back up your currntly fictitious  downward assertions.

In other words, this is called a consolidation or a correction zone and not some kind of sign that bitcoin is on some kind of  downwardly trajectory for any meaningful period.
legendary
Activity: 1442
Merit: 1016
If China bans the Chinese miners and they have to shut down and move, that would be short term bearish but soooo hella bullish in the long term.

Think about it. They would have to move equipment from provinces where they are essentially getting free electricity, to places that would actually charge them money per kwh. It would level the playing field with other miners scattered all over the world. They would then have to hold more and charge more for their mined bitcoin.

Charlie tweeted a few hours ago that according to his trusted source, there won't be a mining ban or a cut off from the network.
It seems mostly to be FUD and manipulation by some whales!

https://twitter.com/SatoshiLite/status/911067464796053506
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
How does it work? China buys high and sell low? Who are the ones who bought at 4500? Surely they need to keep buying now, don't they!?


If you only bought BTC at $4500, and you did not buy any other BTC at any other price point, then surely it would be a good idea to buy a bit more right now, and to bring down your average cost per BTC.  If you are engaging in incrementalism buying and you have a view of bitcoin for the future, then you are going to work out some incrementalism buying strategy, and it is not going to matter whole hell-of-a lot whether your average cost per BTC is currently $4500 or $3700 or some price point in between because you should just be slowly building up your holdings and trying to be a reasonable and prudent as you can be in order to continue to HODL and to accumulate.. and maybe even sell a little bit, If you have some coins that have an average cost that is lower than your selling point.


So yeah, attempting to paint some pure case about someone who stagnantly bought at $4500 seems to be a strawman assertion about a kind of buyer that is not engaged in a prudent and incrementalist buying/accumulation strategy.
full member
Activity: 137
Merit: 100
For your listening pleasure, Fuck World Trade!
FORGET all those useless wall street bubble charts... when the collapse happens of the dollar and banks then this is the only chart that matters for crypto-kids


sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
We will go down slowly to $1500.

This bear market will last for five months.

It will go down low enough to entice MatTheCat to come back (like $900).  Mat will then all-in.  It will then instantly go to $0.  Everyone reading this knows this is exactly what will happen.

Hahaha the funniest post in this thread for sure  Grin This is never going to happen, except for maybe in your dreams.

It sounds like you need an inspirational song or something:

http://www.youtube.com/watch?v=MfTlJrZMg6Y

member
Activity: 122
Merit: 10
We will go down slowly to $1500.

This bear market will last for five months.

It will go down low enough to entice MatTheCat to come back (like $900).  Mat will then all-in.  It will then instantly go to $0.  Everyone reading this knows this is exactly what will happen.

Hahaha the funniest post in this thread for sure  Grin This is never going to happen, except for maybe in your dreams.
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
We will go down slowly to $1500.

This bear market will last for five months.

It will go down low enough to entice MatTheCat to come back (like $900).  Mat will then all-in.  It will then instantly go to $0.  Everyone reading this knows this is exactly what will happen.
full member
Activity: 417
Merit: 220

SNB looking to take a small hedging position?
Any reason for mentioning this?  A source or deduction?
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