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

[ShroomsKit]

This epic shakeout will continue until every weak hand is bled out and the fear is palpable. Who knows how long it will last. But rest assured that, when the tide turns, those of us that held on (or bought more) will reap the rewards.

Alan Davies: "We will see who is right. Just look at Da Vinci, a lot of people called him a nutter back in his days."
Stephen Fry: "They said that about a lot of idiots as well."


We don't need shakeouts. We need millions and billions of weak hands to go mainstream. We need growth in all directions. Just face it, this is a bad day.

Exactly. Amazing to see there are still people who believe in the weak hands myth. Been reading that same line during every dump since 1200.

[ShroomsKit]

(...) Just face it, this is a bad day.

No, that's not true. It's a great day.

Bitcoin is going to be a huge global success. Therefore, temporary lower prices are a good thing, because they give you the opportunity to buy more.

Just keep telling yourself that.

[BlindMayorBitcorn]

This epic shakeout will continue until every weak hand is bled out and the fear is palpable. Who knows how long it will last. But rest assured that, when the tide turns, those of us that held on (or bought more) will reap the rewards.

Alan Davies: "We will see who is right. Just look at Da Vinci, a lot of people called him a nutter back in his days."
Stephen Fry: "They said that about a lot of idiots as well."


We don't need shakeouts. We need millions and billions of weak hands to go mainstream. We need growth in all directions. Just face it, this is a bad day.

Exactly. Amazing to see there are still people who believe in the weak hands myth. Been reading that same line during every dump since 1200.

I think it's called a confirmation bias. It's hard for brains to admit they were so wrong for so long

[caga]

I see a lot of speculation saying that 275 is the lowest it can go . But who will keep it there to offer support ?  

[fonsie]

Just because you aren't the big shot IT guy you think you are, doesn't mean that your plummer neighbour isn't capable of buying a Trezor and safely store his bitcoins.

Good afternoon, pig! You failed to read my entire comment, otherwise you would have taken in consideration the other half of the problems, the physical ones. Also, loser, when the fuck did i wrote that i'm a big-shot in IT ?

I took your entire post into consideration...

You are being condescending to your plumber neighbour. I'm just stating the facts as they are being presented. It's not me implying that plumbers are dumber than IT guys.

[ShroomsKit]

This epic shakeout will continue until every weak hand is bled out and the fear is palpable. Who knows how long it will last. But rest assured that, when the tide turns, those of us that held on (or bought more) will reap the rewards.

Alan Davies: "We will see who is right. Just look at Da Vinci, a lot of people called him a nutter back in his days."
Stephen Fry: "They said that about a lot of idiots as well."


We don't need shakeouts. We need millions and billions of weak hands to go mainstream. We need growth in all directions. Just face it, this is a bad day.

Exactly. Amazing to see there are still people who believe in the weak hands myth. Been reading that same line during every dump since 1200.

I think it's called a confirmation bias. It's hard for brains to admit they were so wrong for so long

Most likely yeah.

[lyth0s]

I sure didn't see sub 300 coming. >.<

No sarcasm. Whelp time for another buy order

Wow that buy paid off quite nicely. Talk about buying the bottom by chance.

[ShroomsKit]

I see a lot of speculation saying that 275 is the lowest it can go . But who will keep it there to offer support ?  

600 was also the lowest it could go. And 500. And 400.

[findftp]

I see a lot of speculation saying that 275 is the lowest it can go . But who will keep it there to offer support ?  

275 is just temporary.
After you bought some, make sure to short that fucker again at 300 something.
After that we are heading for nomansland, could go very deep but the reward will be great  

[LOBSTER]

I see a lot of speculation saying that 275 is the lowest it can go . But who will keep it there to offer support ?  

600 was also the lowest it could go. And 500. And 400.

So true. But I think @ 250$, we will reach the floor! Finally!

[podyx]

Too much circlejerking and greed up in here

[Q7]

I haven't change my buy order at 280. Have a feeling this could be the right decision as most people would expect it to rebounce after touching 275. Currently last check on btc price, it was 302. Getting pretty close.

[octaft]

Lol, all those bears turning bull.
We just began with forming the bottom.
Be patient.

We at least have to go through 282 and form a temporary bottom for a few days.
After that we go to unknown places, I bet at least below 250, who knows how far.
But the good part is, it's the last bottom. It's only up after that, that means moon.

Because reasons?

My crystal ball told me.
However, this ball is making big profits for me lately so I have difficulty in ignoring it's magic.

I'm too lazy to go looking for it, but weren't you crying a couple weeks ago about how you fuck up every single trade or some shit?

[yefi]

Just because you aren't the big shot IT guy you think you are, doesn't mean that your plummer neighbour isn't capable of buying a Trezor and safely store his bitcoins.

I bet he would rather invest his money in a plum-picking machine instead.

He he

[findftp]

Lol, all those bears turning bull.
We just began with forming the bottom.
Be patient.

We at least have to go through 282 and form a temporary bottom for a few days.
After that we go to unknown places, I bet at least below 250, who knows how far.
But the good part is, it's the last bottom. It's only up after that, that means moon.

Because reasons?

My crystal ball told me.
However, this ball is making big profits for me lately so I have difficulty in ignoring it's magic.

I'm too lazy to go looking for it, but weren't you crying a couple weeks ago about how you fuck up every single trade or some shit?

True! Very good memory you have.
(here it is https://bitcointalk.org/index.php?topic=178336.msg9902505#msg9902505 watch how I was spot on about 333 as well.)
I missed the run up from 305 to 333 while I was short. But I just kept my short knowing we would go lower again.
Only fucked up some additional trading funds.

And looky looky where we are now.

Besides, you also noticed these warnings?


Pretty spot on, thanks.

[abercrombie]

Is crypto done??    

Where did Bitcoin go wrong...

[octaft]

Just because you aren't the big shot IT guy you think you are, doesn't mean that your plummer neighbour isn't capable of buying a Trezor and safely store his bitcoins.

Good afternoon, pig! You failed to read my entire comment, otherwise you would have taken in consideration the other half of the problems, the physical ones. Also, loser, when the fuck did i wrote that i'm a big-shot in IT ?

I took your entire post into consideration...

You are being condescending to your plumber neighbour. I'm just stating the facts as they are being presented. It's not me implying that plumbers are dumber than IT guys.

He never implied that "plumbers are dumber than IT guys." What he implies that your average IT guy would be more knowledgeable about things involving bitcoin than your average plumber. This is a safe assumption, because of the differences in what their jobs expose them to on a day to day basis.

[octaft]

I'm too lazy to go looking for it, but weren't you crying a couple weeks ago about how you fuck up every single trade or some shit?

True! Very good memory you have.
I missed the run up from 305 to 333 while I was short. But I just kept my short knowing we would go lower again.
And looky looky where we are now.

Besides, you also noticed these warnings?


Pretty spot on, thanks.

So you're really going to sit here and try to play off "I fuck up every trade" as "I missed one opportunity."

Are you overly dramatic in general, or just bullshitting now?

[findftp]

Are you overly dramatic in general, or just bullshitting now?

Definitely the first.

[fonsie]

Just because you aren't the big shot IT guy you think you are, doesn't mean that your plummer neighbour isn't capable of buying a Trezor and safely store his bitcoins.

Good afternoon, pig! You failed to read my entire comment, otherwise you would have taken in consideration the other half of the problems, the physical ones. Also, loser, when the fuck did i wrote that i'm a big-shot in IT ?

I took your entire post into consideration...

You are being condescending to your plumber neighbour. I'm just stating the facts as they are being presented. It's not me implying that plumbers are dumber than IT guys.

He never implied that "plumbers are dumber than IT guys." What he implies that your average IT guy would be more knowledgeable about things involving bitcoin than your average plumber. This is a safe assumption, because of the differences in what their jobs expose them to on a day to day basis.

He sure as hell proved the opposite with his response. The fact that he's an IT guy does not make him more knowledgeable about securing bitcoins. I'm not an IT guy or a plumber and I'm not afraid to store bitcoins even if they are 100,000$/piece. Just because he would be afraid and not up to the task doesn't mean a thing for his neighbour.