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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 26363488 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.)
vroom
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a Cray can run an endless loop in under 4 hours


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January 16, 2018, 09:36:59 AM

this dip is good for bitcoin dominance. it's up to 35,7% right now.
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xxxx123abcxxxx
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January 16, 2018, 09:37:56 AM


At least we have front row seats.  Grin And tell stories to our great grandchildren about how we were there.


My dear friend, it will slice through like a hot knife through butter; dear oh dear... millennials Wink
Neo_Coin
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"Be Your Own Bank"


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January 16, 2018, 09:39:35 AM

bitserve
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January 16, 2018, 09:41:19 AM

That's the total value of the position that got LIQUIDATED. So that guy is a few (depending on leverage used) millions poorer not richer.

I should probably not try to analyze things when I get up in the middle of the night... back to sleep for me... Here's hoping the front hasn't fallen off Bitcorn when I wake up again in a few hours...

But it is true that long positions being liquidated is what drives the price down FURTHER. No matter if the guy lost money, those $11 million BTC got sold to liquidate the position.

Most of the time, the extreme movements up/down is prolonged by sort/long squeezes that are forced to buy/sell coins. It's not like there is that many people selling at the bottom nor buying at the ATH.
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January 16, 2018, 09:45:15 AM


At least we have front row seats.  Grin And tell stories to our great grandchildren about how we were there.


My dear friend, it will slice through like a hot knife through butter; dear oh dear... millennials Wink
Your chart is a fart in the wind 💨
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January 16, 2018, 09:46:25 AM

Finally it's happening. I am 100% in btc and hodl. But this crash was needed. Alts crashing dramatically.
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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January 16, 2018, 09:49:17 AM

Where are the buyers??

Me, me, me.
jojo69
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diamond-handed zealot


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January 16, 2018, 09:50:48 AM

glad you're up Jay
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January 16, 2018, 09:51:33 AM

HairyMaclairy
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January 16, 2018, 09:52:23 AM

Altcoins roasting on an open fire
rjclarke2000
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January 16, 2018, 09:52:30 AM

Well this is shit.
Dakustaking76
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January 16, 2018, 09:53:10 AM

Can someone explain bitcoin for sake Why are we going down?

Is there a bad news going on?


Hodling 4 Life Ofcourse
HairyMaclairy
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January 16, 2018, 09:54:45 AM

Dentacoin my sweetheart down 47%. So sorry I had to love you and leave you.
xxxgoodgirls
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January 16, 2018, 09:55:04 AM

I don't get what's going on, are chinese futures going to expire tomorrow?
HairyMaclairy
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January 16, 2018, 09:55:32 AM

Can someone explain bitcoin for sake Why are we going down?

Is there a bad news going on?


Hodling 4 Life Ofcourse

Bitcoin go up.  Bitcoin go down. You can’t explain that.
Neo_Coin
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January 16, 2018, 09:55:39 AM

Altcoin crash: https://coinmarketcap.com
Lontonbit
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January 16, 2018, 09:56:14 AM

It's just South Korea talking about banning bitcoin again
UnDerDoG81
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January 16, 2018, 09:59:47 AM

Finally it's happening. I am 100% in btc and hodl. But this crash was needed. Alts crashing dramatically.

The sea of read on CMC is brutal.



Ciao Ripple Trashcoin  Cheesy seriously, why do people invest in digital FIAT?
Elix9
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January 16, 2018, 09:59:59 AM

Think there will be another drop once East Coast wakes up?
Roccker
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January 16, 2018, 10:00:12 AM

So much hope still on the forum - does this mean we go down much more, till there is despair? Smiley


What gives me hope is the huge influx of newbs coming to the exchanges in the last 2 months (some exchanges are still closed because being overwhelmed by signups?)
I think this will not prevent any fall, but makes for a good rebound after good news + price starting to rise again happens (Question if in days / weeks or months)
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