Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[octaft]

ATH of 259.43 and low following the reversal is 45 which gave us 17% of the value of the ATH

ATH of 1163.0 and my estimated low following the reversal of 339.41 gives us 29% of the ATH

ATH 1163.0 and my estimated Holy shit the world gives 17% identical to the last bubble pop we hit 197.71

Just something to think of when people keep spewing dbl digits by so so date

How do you know that the first drop from 260 wasn't just a large correction in an overall bubble? Sure, this could be, too, but if it isn't, and this winds up being a complete deflation, the question is where do we end up, then?

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[billyjoeallen]

WHO THE HELL IS STILL SELLING??!!!!

The smart people. Who the hell is buying? Every BTC holder will wish he had sold now and bought back lower. Who can stop the carnage? Greedy motherfuckers like me who want more coins. We aren't buying now because there is a high probability we won't have to. You didn't fuckin listen so now we do this the hard way.

The dumping is good for bitcoin. The trend couldn't reverse unless and until it happened. It may keep going down until even I fear insolvency. Bitcoin don't care.

You wanted free market money? You got it.

[mmitech]

long time lurker.
first post here ever.
starting to enjoy the panic :-)

nice choice of the first post on this sub-forum and exactly this thread!! where are the naked ladies and double and triple bottoms ? you are doing it wrong 

[jonoiv]

If you are worried, It has support at 320 330.  I doubt it will break this line.

Then a bounce at some point.

Bulls and Bears, Hodlers and Sodlers.  Good luck

[Davyd05]

ah this really sucks

Hey Adam, you know what really sucks?

CaVirtex says because of some stupid law that I need to re-verify my bank account, and the way they verify is to send money to my account and then I have to tell them how much they sent...

Of course, I'm not going to know how much they sent until who knows when? -- and then it will still take 2-3 business days for my deposit to clear, meaning I won't have funds in my account until, I dunno, next tuesday? wednesday?

I might just end up going to bitcoinbrains and eating that 6.5%...

Or maybe I just take the money I was going to spend on bitcoin and buy a flight and a hotel and go to the expo in Toronto this weekend

I was lucky i did this last week, also have an EFT on its way hope it comes through tomorrow. have you tried VoS

How long before the deposits showed up in your account btw? I was lagging on doing this myself. If I don't hurry up I won't be able to buy in at any point below my abp.

[MinermanNC]

The petahash on ghash.io has been steadily going up all day......... so the mining sure seems alive and healthy.... and you can snag mining shares at .010 pretty much the same price last 2 weeks??

[mmitech]

ok I achieved my desired position, this is my biggest Litecoin stash of coins I ever had, now it is holding time, now that Greek physic teacher can yell at me and tell me hodl... 

It's falling more slowly than btc in last hour or two.

I had open orders at 7.5 and 7, but I couldn't resist the madness and bought at 8.2, fuck that $0.5, I am holding all the way up to $100 

[mmitech]

ok I achieved my desired position, this is my biggest Litecoin stash of coins I ever had, now it is holding time, now that Greek physic teacher can yell at me and tell me hodl... 

Sidechains don't worry you at all?

call me when it is all over. I know what I am doing... give the advice to some other noob. 

[chromosoma]

The petahash on ghash.io has been steadily going up all day......... so the mining sure seems alive and healthy.... and you can snag mining shares at .010 pretty much the same price last 2 weeks??

Well, what else can you do with asics? Mining till it goes,  soon  you can throw your miners   away:)

[Adrian-x]

ah this really sucks

Hey Adam, you know what really sucks?

CaVirtex says because of some stupid law that I need to re-verify my bank account, and the way they verify is to send money to my account and then I have to tell them how much they sent...

Of course, I'm not going to know how much they sent until who knows when? -- and then it will still take 2-3 business days for my deposit to clear, meaning I won't have funds in my account until, I dunno, next tuesday? wednesday?

I might just end up going to bitcoinbrains and eating that 6.5%...

Or maybe I just take the money I was going to spend on bitcoin and buy a flight and a hotel and go to the expo in Toronto this weekend

I was lucky i did this last week, also have an EFT on its way hope it comes through tomorrow. have you tried VoS

I have not tried them yet, but I expect I would have to verify with them as well, I'm not sure how long these prices will last. Maybe it will keep dropping and not being able to fund my account will actually turn in my favour.

One thing is for certain, once you experience bitcoin, the legacy banking system is downright laughable. It's seriously like comparing physical mail to email.

(*45 new replies?!?!?!*) holy crap, I need to type faster, lol.

My VoS verification took about 2 days. Deposits are quick but liquidity low.

[bitcoinsrus]

The petahash on ghash.io has been steadily going up all day......... so the mining sure seems alive and healthy.... and you can snag mining shares at .010 pretty much the same price last 2 weeks??

Well, what else can you do with asics? Mining till it goes,  soon  you can throw your miners   away:)

They make a good white noise machine when you can't sleep 

[mmitech]

ok I achieved my desired position, this is my biggest Litecoin stash of coins I ever had, now it is holding time, now that Greek physic teacher can yell at me and tell me hodl... 

why would you hedge in to an altcoin with sidechain discussion mounting during a crash?

Ok, quote me on this you will find out later how good this decision was

[KFR]

The petahash on ghash.io has been steadily going up all day......... so the mining sure seems alive and healthy.... and you can snag mining shares at .010 pretty much the same price last 2 weeks??

Supply leads price.  All else is wild speculation.  Hence the rollercoaster.  

Mine on you crazy diamonds.

[UnDerDoG81]

Finally we have the usual "its the end" mood. I count this as a good sign

5 moar days until we pass this stupid April 16 FUD. Then we will see what really happens.

[Davyd05]

ah this really sucks

Hey Adam, you know what really sucks?

CaVirtex says because of some stupid law that I need to re-verify my bank account, and the way they verify is to send money to my account and then I have to tell them how much they sent...

Of course, I'm not going to know how much they sent until who knows when? -- and then it will still take 2-3 business days for my deposit to clear, meaning I won't have funds in my account until, I dunno, next tuesday? wednesday?

I might just end up going to bitcoinbrains and eating that 6.5%...

Or maybe I just take the money I was going to spend on bitcoin and buy a flight and a hotel and go to the expo in Toronto this weekend

I was lucky i did this last week, also have an EFT on its way hope it comes through tomorrow. have you tried VoS

I have not tried them yet, but I expect I would have to verify with them as well, I'm not sure how long these prices will last. Maybe it will keep dropping and not being able to fund my account will actually turn in my favour.

One thing is for certain, once you experience bitcoin, the legacy banking system is downright laughable. It's seriously like comparing physical mail to email.

(*45 new replies?!?!?!*) holy crap, I need to type faster, lol.

My VoS verification took about 2 days. Deposits are quick but liquidity low.

I meant bank verification process deposits at cavirtex, I am verified at vos already as well though lol  and thanks for the info

[bobdude17]

ok I achieved my desired position, this is my biggest Litecoin stash of coins I ever had, now it is holding time, now that Greek physic teacher can yell at me and tell me hodl... 

Sidechains don't worry you at all?

call me when it is all over. I know what I am doing... give the advice to some other noob. 

o7

[octaft]

I notice chessnut hasn't posted in a while. Hey chessnut, now you've got your bearish sentiment.

EDIT: Could be a nice bounce to 390-410. If you got a little bit of gamble in you and don't get greedy on the bounce, might be a good short term buying opportunity.

[sonofliberty]

NO WAY

https://www.youtube.com/watch?v=7pOiFFlUOKg

[chessnut]

Balls to the wall - Im scalping the day. long at 355.
dont forget it.

[octaft]

Balls to the wall - Im scalping the day. long at 355.
dont forget it.

You said you're a buyer when the sentiment is bearish. The sentiment is definitely bearish now. Told you it would get much worse.