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

[JayJuanGee]

...
Sure.  Bitcoin community is slowly reinventing the wheel.  Unregulated markets caused problems, that's why people invented regulations and regulated them.

Maybe we are saying, more or less, the same thing but using slightly different wording and emphasis?

Regulation is NOT some foreign outside force that comes in and ruins the party...

I agree, unless by "outside force" you mean our beloved and all-powerful Lizard Overlords (may They reign forever!).
In a broader sense, too.  All the "statist" stuff--governments, laws, police and the military to enforce those laws--it's all just humanity trying to solve its problems.  No one in his right mind likes these things (excepting, of course, our Merciful Lizard Overlords, who ARE love).

There are shitty laws to be changed and governments to be overthrown, but "therefore we don't need them" just doesn't follow.

I find it difficult to define government as some amorphous abstract or even a united force because there are so many levels of government and so many agencies and some branches seem to have more public accountability than others... some are probably truly evil and some need some reform and redirection and some are functioning fine ... just a lot of variability, me thinks.   

[Kupsi]

It's time to play the rally song. If everyone do this...

http://orymh.bandcamp.com/track/the-bitcoin-rally-song

 

[grappa_barricata]

china has broken 2800

[Malin Keshar]

china has broken 2800

They still way above bitstamp and btc-e

[abercrombie]

china has broken 2800

They still way above bitstamp and btc-e

Bitfinex scratching 24h low.

Is Crypto done??  

[Malin Keshar]

Bitfinex scratching 24h low of the day.

Is Crypto done?? 

We just returning to the May price. Inevitable since we broke the 550 level.

I will call it capitulation if we go below 400, because the next technical stop will be at the 100's

[derpinheimer]

china has broken 2800

Wow. Big asks walls on Okcoin already. This is crazy.

[ChartBuddy]

Explanation

[edgar]

@jayguanjee the $4k-5k figure was the price of bitcoin, not my investment

and @oda.krell some nice math skills you got there. I was impressed that you would call it right

I realize that a lot of us have high hopes for BTC prices to go into the 2x, 5x, 10x, 100x and potentially further... but really, it does NOT seem psychologically healthy to count on it.. I feel pretty good if my investment maintains its value, but surely, my perception of price appreciation on top of that is icing on the cake... In other words, we have to also maintain other wealth building and appreciation strategies.... though I have to admit that I, also, have placed a larger and larger percentage of my investment nuts into the BTC basket.

i look at all cryptos as a potential 100% loss - and as such have not gone balls deep.

but it would be a damn shame to have 0 if/when the ATH is breached and maintained...

things would be a lot more relaxed if not for the incessant BS artistes & their ilk.



C'MONN BTC@10k!!!!

[Walsoraj]

china has broken 2800

They still way above bitstamp and btc-e

Bitfinex scratching 24h low.

Is Crypto done??  

Depends how you define "crypto."  Some protocols are doing fine. 

[Davyd05]

lol all this panic and here I am thinking about how much to deposit at the bank tommorrow

[Walsoraj]

lol all this panic and here I am thinking about how much to deposit at the bank tommorrow

There is never a shortage of greater fools until the house fully collapses.

[Davyd05]

lol all this panic and here I am thinking about how much to deposit at the bank tommorrow

There is never a shortage of greater fools until the house fully collapses.

at least I come with a nice hat

[BBmmBB]

ah fuck this

* cutting looses *

rats bailing ship!!!!  

[adamstgBit]

ah fuck this

* cutting looses *

rats bailing ship!!!! 

 

[adamstgBit]

 

lol all this panic and here I am thinking about how much to deposit at the bank tommorrow

There is never a shortage of greater fools until the house fully collapses.

at least I come with a nice hat

THERE ARE FOUR LIGHTS!

[adamstgBit]

also...
https://www.youtube.com/watch?v=vvdCHpBzn24&feature=youtu.be&t=40s

[adamstgBit]

fuck this is annoying....

[Davyd05]

fuck this is annoying....

you should have some beer or whiskey if you're feeling keto.

[BBmmBB]

ah fuck this

* cutting looses *

rats bailing ship!!!! 

 

if we see $150 again i'll buy a bunch "out of pocket" ;-) haha