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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16993. (Read 26716410 times)

legendary
Activity: 1806
Merit: 1828
Bull trap or the bottom has been reached?

Opinions?

Bullshit trap is more like it.  Cheesy
hero member
Activity: 741
Merit: 500
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Bull trap or the bottom has been reached?

Opinions?
legendary
Activity: 1806
Merit: 1828
Waiting for a cheque to clear

It's not stopping till at least $1600's; better delay that check.  Anyway, there is no reason for bitcoin to exist ever since ASICs were created, so let this shit implode with 500 forks and then Luke Jr (or Ruke Junya as he is known in China) can change the PoW algo to GPU mining and bitcoin can have some type of reason to exist again.

And someone will just develop an ASIC for that algo. ASIC resistant is a myth. If the economic incentive is there, someone will come up with a way. I don't care how much memory the algo requires.

BTW, what the hell am I supposed to do with this silver bullion that I bought a few weeks ago? I'm already bored looking at it. Also, where I am I going to get anywhere near the spot price for it if the need arises? Should I just wait for this "impending" financial apocalypse so that I can score some groceries with it?  Roll Eyes

Monero disagrees (so far).

Just increase the market cap by like 10X (sustained). I'm sure someone will find it worth their while to come up with something. Grin
hero member
Activity: 784
Merit: 512
seriously, is this the end of crypto?
legendary
Activity: 1806
Merit: 1828
Well back up about 100.000 since my first post this morning, Ill take that as a little rally  Grin

It's just the dead cat bouncing. Many already showed this head and shoulders pattern a few weeks ago and it has been a dead cat bouncing downhill ever since.



This Head and Shoulders chart looks like a scary ghost to me. Creeps me out.
hero member
Activity: 658
Merit: 503
Bear with me
Only feel bad for the newbies selling their perfectly fine positions. Otherwise satisfied how well the price held.
sr. member
Activity: 420
Merit: 257
Waiting for a cheque to clear

It's not stopping till at least $1600's; better delay that check.  Anyway, there is no reason for bitcoin to exist ever since ASICs were created, so let this shit implode with 500 forks and then Luke Jr (or Ruke Junya as he is known in China) can change the PoW algo to GPU mining and bitcoin can have some type of reason to exist again.

And someone will just develop an ASIC for that algo. ASIC resistant is a myth. If the economic incentive is there, someone will come up with a way. I don't care how much memory the algo requires.

BTW, what the hell am I supposed to do with this silver bullion that I bought a few weeks ago? I'm already bored looking at it. Also, where I am I going to get anywhere near the spot price for it if the need arises? Should I just wait for this "impending" financial apocalypse so that I can score some groceries with it?  Roll Eyes

It´s insurance, not more, not less ! You said it right there !

legendary
Activity: 2198
Merit: 1000
Well back up about 100.000 since my first post this morning, Ill take that as a little rally  Grin

Back to work on building another GPU mining rig frame out in my garage  Smiley
sr. member
Activity: 336
Merit: 250





please stay calm and don't stop breathing.

hero member
Activity: 1035
Merit: 558
wow. Show us your rigs, i've never seen petahash mining rig yet  Grin
legendary
Activity: 1890
Merit: 1037
lol i always want to say that !!


who sold at bottom ?
 Grin
legendary
Activity: 1806
Merit: 1828
Waiting for a cheque to clear

It's not stopping till at least $1600's; better delay that check.  Anyway, there is no reason for bitcoin to exist ever since ASICs were created, so let this shit implode with 500 forks and then Luke Jr (or Ruke Junya as he is known in China) can change the PoW algo to GPU mining and bitcoin can have some type of reason to exist again.

And someone will just develop an ASIC for that algo. ASIC resistant is a myth. If the economic incentive is there, someone will come up with a way. I don't care how much memory the algo requires.

BTW, what the hell am I supposed to do with this silver bullion that I bought a few weeks ago? I'm already bored looking at it. Also, where I am I going to get anywhere near the spot price for it if the need arises? Should I just wait for this "impending" financial apocalypse so that I can score some groceries with it?  Roll Eyes
legendary
Activity: 1260
Merit: 1116
I'm going on a hunger strike.  Angry
legendary
Activity: 1260
Merit: 1000
Waiting for a cheque to clear

It's not stopping till at least $1600's; better delay that check.  Anyway, there is no reason for bitcoin to exist ever since ASICs were created, so let this shit implode with 500 forks and then Luke Jr (or Ruke Junya as he is known in China) can change the PoW algo to GPU mining and bitcoin can have some type of reason to exist again.
hero member
Activity: 1035
Merit: 558
You did great buying that low FractalUniverse!
lol that was fast. now its sold at 2068 some 20 minutes later. (one of total 4 position which i loaded up today on the way down.)
Quote
BTC/USD    Margin    Limit    -xxxx    BTC    2,068.0    Executed    15-07-17 15:13:13    
   BTC/USD    Margin    Limit    xxxx    BTC    2,010.0    Executed    15-07-17 14:44:40    
im putting my buy order back below, at 2015 now. its not making big money, but at least its some rainy saturday fun Cheesy
You can now put buy orders below 1800.
ok, i just put one at 1755, but its very distant. my refill from 2015 got closed at 2065 while I was out for a walk Smiley
will rebuy 2015 once again if it gets there this weekend.
For now it looks like we are really heading for close above 2000 today  Smiley my next partial close is sitting at 2095 and its getting close. if hit, I'll place buy order @ around 2050
full member
Activity: 308
Merit: 146
I have prepped my suicide device and linked it to a price ticker.

I like your plan! I wasn't happy waking up poor!
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Good morning Bitcoinland.
 
Missed a day and it was a memorable one. Almost missed a very buyable dip.

Now it's edging back up a little... currently $2060USD (Bitcoinaverage).

Waiting for a cheque to clear, should be another 9 days. I wanted to be able to catch the predictable pre-August-BIP148 panic. I hope that wasn't it.

Maybe if I post a little FUD it'll help delay the correction back up.  Grin



_________

When I got home and saw the price last night, I ran over to my newest neighborhood 24-hour BTC ATM to buy what I could afford and was greeted with a fine surprise.

It seems their wildly varying ATM fees are pegged to whether they're buying or selling more coins. Last night's panic selling was enough to send buy fees down to 2.1%. Not bad for deciding to buy, running up the street and buying a minute or 2 later.

This morning their buy fee is up to 8.3% (almost quadrupled) due to people buying the rebound. Although the Bitcoinaverage price is $80CAD lower than when I bought, the ATM price is about the same.

Seems that panic sellers are subsidizing the buy fees of dip buyers. Love it.  Cheesy
legendary
Activity: 1260
Merit: 1000
Waffen SS leader Alex Jones' stunning prophecy from weeks ago comes to pass:

sr. member
Activity: 420
Merit: 257
I am watching this post from long I can say from beginning and there are so many of Crypto friends are afraid and so many still have a lot of hope on BTC I wanted to share my post I do believe many of crypto lovers will love my post, Enjoy

Note: Post is not new just to remind its there since 2013
https://bitcointalksearch.org/topic/m.4141031

Well, welcome anyway, but i´m not so sure about your future here Smiley
sr. member
Activity: 910
Merit: 273
Undeadbitcoiner Will not DIE until 1BTC=50K
I am watching this post from long I can say from beginning and there are so many of Crypto friends are afraid and so many still have a lot of hope on BTC I wanted to share my post I do believe many of crypto lovers will love my post, Enjoy

Note: Post is not new just to remind its there since 2013
https://bitcointalksearch.org/topic/m.4141031
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