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

[Cassius]

if your average cost of a BTC is less than 400 and if you are too invested and have troubles sleeping at night because of this trend, or if you are afraid and not sure about your strategy, now is your chance to reduce your position better than later at a loss (if the price fall further). 

at the end of the last year and beginning of this year, I said it was a good idea to sell some coins (people who bought around $100-200) and take the profits while you can, and now I am telling you that you can still take some profits.... I am afraid that there is a possibility that many of you will regret not doing so later.

Ah, mmitech. I guess you must be feeling pretty stupid right now, having sold half your stash a couple of months back when a certain person made it clear this was a really bad idea as the only way was up. But no, you wouldn't listen...

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[fonzie]

    PPC

[mmitech]

if your average cost of a BTC is less than 400 and if you are too invested and have troubles sleeping at night because of this trend, or if you are afraid and not sure about your strategy, now is your chance to reduce your position better than later at a loss (if the price fall further). 

at the end of the last year and beginning of this year, I said it was a good idea to sell some coins (people who bought around $100-200) and take the profits while you can, and now I am telling you that you can still take some profits.... I am afraid that there is a possibility that many of you will regret not doing so later.

Ah, mmitech. I guess you must be feeling pretty stupid right now, having sold half your stash a couple of months back when a certain person made it clear this was a really bad idea as the only way was up. But no, you wouldn't listen...

[sarcasm] yes, I feel sorry for selling at $6xx  , I beat my self everyday because of it, I could be making a ton of money if I didn't sell and listened to the bunch of perma-trollsbulls that hang around here. [/sarcasm]

[macsga]

So, who hasn't sold yet? Red dildos everywhere!!!

[Cassius]

if your average cost of a BTC is less than 400 and if you are too invested and have troubles sleeping at night because of this trend, or if you are afraid and not sure about your strategy, now is your chance to reduce your position better than later at a loss (if the price fall further). 

at the end of the last year and beginning of this year, I said it was a good idea to sell some coins (people who bought around $100-200) and take the profits while you can, and now I am telling you that you can still take some profits.... I am afraid that there is a possibility that many of you will regret not doing so later.

Ah, mmitech. I guess you must be feeling pretty stupid right now, having sold half your stash a couple of months back when a certain person made it clear this was a really bad idea as the only way was up. But no, you wouldn't listen...

[sarcasm] yes, I feel sorry for selling at $6xx  , I beat my self everyday because of it, I could be making a ton of money if I didn't sell and listened to the bunch of perma-trollsbulls that hang around here. [/sarcasm]

Where are JJG and Trolfi? I haven't dropped by here for a while, and it seems so much more peaceful without them. I almost feel like staying.

[macsga]

if your average cost of a BTC is less than 400 and if you are too invested and have troubles sleeping at night because of this trend, or if you are afraid and not sure about your strategy, now is your chance to reduce your position better than later at a loss (if the price fall further). 

at the end of the last year and beginning of this year, I said it was a good idea to sell some coins (people who bought around $100-200) and take the profits while you can, and now I am telling you that you can still take some profits.... I am afraid that there is a possibility that many of you will regret not doing so later.

Ah, mmitech. I guess you must be feeling pretty stupid right now, having sold half your stash a couple of months back when a certain person made it clear this was a really bad idea as the only way was up. But no, you wouldn't listen...

[sarcasm] yes, I feel sorry for selling at $6xx  , I beat my self everyday because of it, I could be making a ton of money if I didn't sell and listened to the bunch of perma-trollsbulls that hang around here. [/sarcasm]

Where are JJG and Trolfi? I haven't dropped by here for a while, and it seems so much more peaceful without them. I almost feel like staying.

This is the famous Wall Of Troll without some bricks like them (and me for that matter) there would be no wall at all...!

[mooncake]

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.

Well said. Play it too hard and no one wants to play anymore.

[tarmi]

ok, let's pump this sh*t just to make bag holders feel happy!

[oda.krell]

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.

Well said. Play it too hard and no one wants to play anymore.

Problem is, it's simply not true. In fact, that post is pretty much contradicting itself:

>There are plenty of people who bought in back in 2011/12 that are still up on their investments.

Exactly. After price dropped from $32 to $2. And people bought back anyway. Less people, maybe, but they stuck around.

In all likelihood, that's what's going to happen again this time... More despair. More people leaving for good. Some staying around. Eventually, a new rally. New people coming around because of the rally. Wash, Rinse, Repeat.

(And, of course, as always the non-zero chance that this is after all the last bubble, and the experiment failed. There's a reason why there's a substantial growth potential in price - because there's a substantial risk that it'll all go tits up.)

[akujin]

 PPC

OMG! My ppc investment got 150% increase in just a few days  
I got fresh fiat now... I wonder if I should buy btc now...  

[ChartBuddy]

Explanation

[Schickeria]

There's a reason why there's a substantial growth potential in price - because there's a substantial risk that it'll all go tits up.)

That's it. Sometimes I wonder that people have no problem to assume and welcome 5000% price spikes but aren't capable to understand that this game has two sides. Now we are experiencing the other side. Maybe it will stop soon, but I give it a lot higher likelihood to go down further. I'm not sad about it. It will cool down the maniac, at least for a while and give good entry points for people - hopefully being aware of the risks.

[ShroomsKit]

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

This thing could bounce like a Mofo.

Also one of the things i've been reading for months and months.

Dumpers out of ammo.
Weak hands shaken out soon.
We're near the bittom.
Etc.

[ImI]

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

This thing could bounce like a Mofo.

Also one of the things i've been reading for months and months.

Dumpers out of ammo.
Weak hands shaken out soon.
We're near the bittom.
Etc.

one has to admit that's true

[mrkavasaki]

now it is better to invest in altcoins instead of bitcoin

[adamstgBit]

new low 

[Schickeria]

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

This thing could bounce like a Mofo.

Also one of the things i've been reading for months and months.

Dumpers out of ammo.
Weak hands shaken out soon.
We're near the bittom.
Etc.

one has to admit that's true

Since there is no ammo at all, one keeps telling useless stuff.

[akujin]

Stamp at 420s!! go go go 

[lemonte]

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

This thing could bounce like a Mofo.

Also one of the things i've been reading for months and months.

Dumpers out of ammo.
Weak hands shaken out soon.
We're near the bittom.
Etc.

one has to admit that's true

True that, it's like a bottomless well of despair

[ShroomsKit]

And another dump minutes ago. Crazy.