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

[adamstgBit]

Melting through 430's like butter against the sun...

Are you from future or something?  

Yes

Melting through 420's like butter against the sun

Melting through 420's like butter against the sun

would spell technically spell DISASTER for traders.

fuck, we are so fucked!

[1714676352]

1714676352

[klee]

hmm
Am I the only one to see the little boing back up?

Either way, for arbitrage today is a good day.

My gut says we are in the bottom and something like this will happen but my amygdala says otherwise  

I bought a few down from 2800 to 2700 just in case! About 1/8 of my cash...

[Bittings]

That might be the fast-crash we need. Alot of powerful forces want to buy lower. Let them, buy with them, ride the wave wherever it goes, and chill. Bitcoin did that multiples times already, and always recovered.

I've been reading about these mysterious forces that want to get in for 9 months now.
So who exactly are they and when exactly are they gonna buy in?

I believe they will buy in right after they kill the golden goose, and everyone will lose. Humans are doomed to destroy the planet and we can't do anything about it.

Despair. Repent. Rejoice.

Could it be there is no big mysterious force that wants to get in?

There very well be a mysterious force that wants in, but you have to wondering if crashing the price to sub $100 will get them what they really want. Bitcoin is still in the early stages and needs its evangelists and cult like behavior; you need people to believe the impossible at first to keep the walls from caving in. If you crush the dreams of all those people in the process of getting in at your price, you'll be able to get your sub $100 coins, but no one will be around to care, or buy them back from you.

There are plenty of people who bought in back in 2011/12 that are still up on their investments. We've got a long way to go before those people give up, I'm one of them and will just stand here holding that bag. It got me to where I'm at, Bitcoin helped my life out immensely, it doesn't owe me anything. I'm not a trader anymore, just an observer.

Good luck everyone. This feels like a bottom.

[empowering]

hmm
Am I the only one to see the little boing back up?

Either way, for arbitrage today is a good day.

My gut says we are in the bottom and something like this will happen but my amygdala says otherwise  

I bought a few down from 2800 to 2700 just in case! About 1/8 of my cash...

lizard brain knows what is best ... sometimes... jumpy little lizards though... (licks third eyeball)

[dakota neat]

Down another five percent. So what?

Only 5% and before that only 7 and before that only 5 and before that only 3 and before that only 10 and in total only 60.
No problem. Everything looks fine.

And smart money can't wait to get in! And Gabi. It's bullish as hell really.

Ask yourself one question: Do you belief Bitcoin will reach 1000 USD again?

If the answer is yes, hold or buy. Simple as that.

I used to be convinced of that. But imo it should already have happened. People here seem to think Bitcoin can just go down and down and then magically go up again. Yes this happened a few times times but one day it will stop. Now was the time for it to get big. To go up. Instead everybody seems to be cashing out and scaring away new people. It's doing the opposite of what it should do.
I'm not sure if we will get yet another chance. I think this was it and it failed.

If its any comfort to you i'm loosing thousands USD and being ok with one bottle of scotch a day.

[empowering]

Down another five percent. So what?

Only 5% and before that only 7 and before that only 5 and before that only 3 and before that only 10 and in total only 60.
No problem. Everything looks fine.

And smart money can't wait to get in! And Gabi. It's bullish as hell really.

Ask yourself one question: Do you belief Bitcoin will reach 1000 USD again?

If the answer is yes, hold or buy. Simple as that.

I used to be convinced of that. But imo it should already have happened. People here seem to think Bitcoin can just go down and down and then magically go up again. Yes this happened a few times times but one day it will stop. Now was the time for it to get big. To go up. Instead everybody seems to be cashing out and scaring away new people. It's doing the opposite of what it should do.
I'm not sure if we will get yet another chance. I think this was it and it failed.

If its any comfort to you i'm loosing thousands USD and being ok with one bottle of scotch a day.

hmmmm dialysis

[empowering]

Eyes ON

Everybody keep cool

"Any of you fucking pricks move, and I'll execute every mother fucking last one of you" (much love  )

[adamstgBit]

[heartastack]

i'll be back.

"I am just going outside and may be some time."



(hang on a minute... antarctica = penguins ....  Bullish?)

(Great Scott- ang on a minute.... Scotland = referendum as we speak ...... Bullish?)

 

Wahahah, there are no Heroes here. However, if satoshi dumped his whole stash at once, bringing the price down to a few cents for the greater good (free coins for a couple of minutes). Well he'd be worthy of that quote heheh

[gnode]

Why is bitcoin going down?

The answer is simple -- the coins being sold are Hal Finney's coins.

He was the earliest adopter and probably had 250,000 coins.

Think about it.

[Torque]

I feel dumpers running out of ammo, and shorts will have to cover soon.

This thing could bounce like a Mofo.

[klee]

Down another five percent. So what?

Only 5% and before that only 7 and before that only 5 and before that only 3 and before that only 10 and in total only 60.
No problem. Everything looks fine.

And smart money can't wait to get in! And Gabi. It's bullish as hell really.

Ask yourself one question: Do you belief Bitcoin will reach 1000 USD again?

If the answer is yes, hold or buy. Simple as that.

I used to be convinced of that. But imo it should already have happened. People here seem to think Bitcoin can just go down and down and then magically go up again. Yes this happened a few times times but one day it will stop. Now was the time for it to get big. To go up. Instead everybody seems to be cashing out and scaring away new people. It's doing the opposite of what it should do.
I'm not sure if we will get yet another chance. I think this was it and it failed.

If its any comfort to you i'm loosing thousands USD and being ok with one bottle of scotch a day.

Not your liver though

[findftp]

Why is bitcoin going down?

The answer is simple -- the coins being sold are Hal Finney's coins.

Think about it.

I'm glad I was able to buy some of these legendary coins

[Bittings]

Why is bitcoin going down?

The answer is simple -- the coins being sold are Hal Finney's coins.

Think about it.

Thinking..... * Checks Bitcoin Days Destroyed (https://blockchain.info/charts/bitcoin-days-destroyed)*   .... NOPE!

[Dump3er]

I feel dumpers running out of ammo, and shorts will have to cover soon.

This thing could bounce like a Mofo.

ATH incoming soon?

[empowering]

[gnode]

Why is bitcoin going down?

The answer is simple -- the coins being sold are Hal Finney's coins.

Think about it.

Thinking..... * Checks Bitcoin Days Destroyed (https://blockchain.info/charts/bitcoin-days-destroyed)*   .... NOPE!

This means nothing, Hal moved his coins around through many different addresses over the last few years.

[Moria843]

Has anybody else noticed that on Bitstamp the sellers are mostly small fractional BTC sales while the buyers are in multiple BTC. This tells me that the real money is buying from "scared" small sellers.

[HerrAndreas]

this time next week we will be back to normal insanity in this thread.

Some will have learned the hard way that hedging against unpredictable volatility in crypto is not optional and some will have made good profits.

Either way: life goes on.

[empowering]

Wahahah, there are no Heroes here. However, if satoshi dumped his whole stash at once, bringing the price down to a few cents for the greater good (free coins for a couple of minutes). Well he'd be worthy of that quote heheh

No More Heroes Anymore....

http://youtu.be/s8xdA7vbJHw