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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26682. (Read 26612191 times)

legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 1568
Merit: 1002
i aint a pro but this looks bullish to me.. massive bull flag?
hero member
Activity: 672
Merit: 500
That would be nice. But that's not the way of the world or life on it. Life's not fair and not everyone gets what they deserve.

I'm sorry if you think that life hasn't been fair to you. I see the world in a different spiritual perspective, where our karma reaches beyond our present lives.


Here's your opening, BitChick.  Finally, someone, if you count Pumpkinhead as someone, wants to talk about religion.

I guess I fell asleep too early. Wink

Here is a verse for you all: Ecclesiastes 7:16 Do not be over righteous, neither be over wise-- why destroy yourself?  That is something to ponder.  I really like that verse.  Especially because I grew up in a somewhat legalistic environment and realized early on that perfection is impossible to attain.

Basically, most religions are about karma or doing good to earn something.  Fortunately, following Christ is not about that.  It is about realizing we can never be righteous on our own and letting Him change us from the inside out.

I will stop now though.   Grin


This really saddens me because I thought you were a balanced and open minded individual. Unfortunately, even if you don't belong in the same class of idiots like igorr, mah87 and co., I will have to put you on ignore. There are VERY few things worse in this world than overzealous religious cultists.

Balaced haha. She and her husband are complete wackos.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.

agree about adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

Yes you 2 are getting out I guess. Don't let the door hit you on the way out.

dont worry about that, I will have made enough to not look back Wink
legendary
Activity: 2324
Merit: 1125
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.

agree about adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

Yes you 2 are getting out I guess. Don't let the door hit you on the way out.
member
Activity: 112
Merit: 10
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.

agree about adoption rate is decreasing instead of slowing down or stopping, many people are getting out.
full member
Activity: 157
Merit: 100
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.

Well http://www.bitcoinpulse.com/ shows almost all important metrics as still going up.

Taking profits is never a bad thing either. As it seems plenty of people are still willing to buy $600+ Bitcoins.
hero member
Activity: 672
Merit: 500
Quick question: We have some decent support at 605 on Stamp. Will it hold or will we eat right through that?

How exactly do you expect anyone to know the answer to this?
hero member
Activity: 667
Merit: 500
Wow I was mistaken in order of magnitude in the quick mental math because of the figures they proposed for the news leading up to the delayed February IPO.

This seems super duper sketchy that they can raise VC-level money on a crowd sale for something that is not even guaranteed to ever exist. And that they shopped around for a jurisdiction that would allow them to do this without immediately getting investigated for securities fraud.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.


OK... Why NOT now... ?   Goodbye and good luck.   
legendary
Activity: 1400
Merit: 1013
12 mill ether @ 2000 eth/btc
= a *lot* of weed money for the guys at the Ethereum house.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
how easy it became to bring the price to its knees, a 1000 BTC dump cause so much attention, there is no more interest in buying Bitcoin .... I have a feeling that the adoption rate is decreasing instead of slowing down or stopping, many people are getting out.

if things keeps this way, I will have to cash out everything in a month or so, better take my profits while I can.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
It's doubtful that market movement has anything to do with ether ipo dumping, the scale of the ipo so far is only around $40,000 worth of bitcoin. Ethereum does have a "FUD" element about it though as far as market sentiment, because the speculative motivation for purchasing is the greatest altcoin pump-and-dump script in history, whereby they intend to solve every single problem or limitation inherent to Bitcoin with a fresh general-purpose system that doesn't exist yet or may not even ever be technologically possible.

hmmm, back to math class?

12 mill ether @ 2000 eth/btc ... you do the math, again?
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Damnit, I don't know whether this rebound is strong enough to bring us back to a safe level. As of now it only looks like we'll be falling deeper. Not good.
legendary
Activity: 1568
Merit: 1002
well atleast we have the red candles on macd same as before past bubbles.. good sign?
hero member
Activity: 812
Merit: 1000


These lines are overrated and almost always are useless
hero member
Activity: 854
Merit: 1000
This market has become a joke.
hero member
Activity: 667
Merit: 500
It's doubtful that market movement has anything to do with ether ipo dumping, the scale of the ipo so far is only around $40,000 worth of bitcoin. Ethereum does have a "FUD" element about it though as far as market sentiment, because the speculative motivation for purchasing is the greatest altcoin pump-and-dump script in history, whereby they intend to solve every single problem or limitation inherent to Bitcoin with a fresh general-purpose system that doesn't exist yet or may not even ever be technologically possible.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Could the dumps be related to the ethereum ipo launch?

The IPO was payed in BTC. The recipient could be dumping them all on an exchange. Seems unlikely though.

Ah yeah, that could make sense. I was thinking: If they acquire a lot of BTC, the supply actually would go down so there'd be no reason for the price to drop. But you've got a valid point there - although you're right that it's not that probable!

they aren't dumping them. they have all the received btc in a multi-sig wallet address.
They will dump them. The market is anticipating that.

Wrong ... it is net zero, since people that want to buy ETH who do not currently hold BTC are now buying BTC in order to buy ETH so creating additional BTC demand. On quite good authority ethereum are not selling BTC in large quantities but only as/when needed ... the effect is much larger psychological effect whereby the market is now cognizant of a new competitor on the block, simple as that.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Bitcoin is going down and nobody knows why. Normally there were always some news we could blame but this dump is just ridiculous. IMO people saw somebody dumping, have no idea why and are doing the same.

No one can ever tell why, but there were enough indications that we will be going down.... Why are people surprised ?

It's not like this hasn't happened before. Dumps for no apparent reason... Well it's just another day in the big and volatile bitcoin world!
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