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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368499 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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April 09, 2015, 08:58:33 AM

Coin
Explanation
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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mah87
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April 09, 2015, 09:00:52 AM

bitcoin is an endless bear market it won't stop until everyone realize bitcoin is doomed. Bitcoin foundation failure shows it.
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April 09, 2015, 09:17:56 AM

SkyValeey
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April 09, 2015, 09:18:31 AM

Pure speculation without serious usage = big bull market and big bear market until there'll be some serious usage.
Typical bubble.
12345mm
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April 09, 2015, 09:30:07 AM

i'm looking forward to $20 coin ... whenever that happens this year ... it's gone from 1200-100 in a flash ... it's not unreasonable to expect it to go from 250-20 in a flash ... of course at that point it may not spring back to a triple digit value ever again ... it might just ... sort of ... end ...
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April 09, 2015, 09:58:33 AM

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KFR
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April 09, 2015, 10:03:04 AM

people are slowly exiting bitcoin as ethereum release approach

Thanks for that.  Needed a laugh.   Grin

Spaceman_Spiff
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April 09, 2015, 10:06:02 AM

Urgh, had a short on LTC/USD on bitfinex but chickened out at a small loss at 1.7 .   Kicking myself right now  Cry

Oh well....

I am staying on the sidelines for a while, let's see how all this plays out.
Wandererfromthenorth
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April 09, 2015, 10:08:01 AM
Last edit: April 09, 2015, 07:21:13 PM by Wandererfromthenorth

Looks like BTC is going into "dump -> weak bounce on decreasing volume -> dump - no bounce at all - dump ..." mode




My guess is sub $200 in a few weeks and then either double bottom or new yearly lows. The latter is a lot more probable if you ask me.

Bid sum on all exchanges is insanely low now. Even more than a few months/weeks back.

Looking bad.
tarmi
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April 09, 2015, 10:18:57 AM

well, I am glad that I opened a nice short position at ~255.

you can crash & burn for all I care bitcoin.

the sooner the better.
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April 09, 2015, 10:23:37 AM

YourMother
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April 09, 2015, 10:46:27 AM

Soon enough some of the whales that own tens of thousands of bitcoins will start to think:

"Hmm, i see that this lottery ticket is on a bear trend since 1 year and a half, going strong on 2. Are the potential millions of dollars worth the wait (extremely risky) or i should just cash out and enjoy my life while i'm on my 20's-30's ?

This is a scenario to take in consideration. If this mentality sets in, goodbye Shi...Bitcoin! It's done...
Dump3er
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April 09, 2015, 10:47:36 AM

Don't give up yet bears, maybe those sub $200 coins are still coming... I mean elliott wave, right?
 Cheesy Cheesy



This dude! Sooo short!  Such elliot waves! Sooo smart! Very TA, wow!
ChartBuddy
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April 09, 2015, 10:58:33 AM

Coin
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April 09, 2015, 11:01:47 AM

Am I the only one who thinks that 242 isn't quite the doom we were promised?
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April 09, 2015, 11:02:47 AM

Soon enough some of the whales that own tens of thousands of bitcoins will start to think:

"Hmm, i see that this lottery ticket is on a bear trend since 1 year and a half, going strong on 2. Are the potential millions of dollars worth the wait (extremely risky) or i should just cash out and enjoy my life while i'm on my 20's-30's ?

This is a scenario to take in consideration. If this mentality sets in, goodbye Shi...Bitcoin! It's done...

I think that we should just celebrate bitcoin as a technology. It would be fine by me if it goes down to 50's or even 10's. People are just too greedy and they will destroy bitcoin.
luckygenough56
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April 09, 2015, 11:03:16 AM

Am I the only one who thinks that 242 isn't quite the doom we were promised?

wait for it
Torque
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April 09, 2015, 11:08:15 AM

Am I the only one who thinks that 242 isn't quite the doom we were promised?

wait for it

SilenceOfTheLamb
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April 09, 2015, 11:09:30 AM

Am I the only one who thinks that 242 isn't quite the doom we were promised?

At what price are you planning to start begging me for forgiveness?  Another $10 down?  Another $50?
What's it gonna take, Fatman3001, hmm?
sAt0sHiFanClub
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April 09, 2015, 11:10:32 AM

Am I the only one who thinks that 242 isn't quite the doom we were promised?

but its a buy. Wait for the rise over next 48 hours and sell. Easy 2%
If you are sitting waiting for $300+*, then your cash would be far better employed elsewhere.

* or $3,000 or $36,000 depending on your bullish notions
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