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

[Azazel333]

So the ponzi scam BitConnect is finally dead? First casualty of the shitcoin saga?

Looks like it. Amazingly someone is buying now and price bounced a bit. Still down 86% on the day.

If I'm understanding correctly bitconnect customers were able to cash out the value of their accounts into bitconnect tokens at a price of $363. Currently the price is about $35

[Azazel333]

11500 on GDAX not too bad, hope the bottom is in.

Its not. We have at least one more large dump. Might be as much as a few days from now though.

How do you know that?

Based on a bunch of technical indicators and 5 years of experience tracking bitcoin bull trends and corrections.

Interesting that you state it like its a fact. You must have mucho lambos and private islands never getting it wrong and 5 years in this market.

Always interesting to see the assumptions and biases of the noobs.

Helps to have lambos and private islands beforehand...  Definitely curbs the FOMO, ya know?

Whos supposedly the noob? Me or the guy who states a trading opinion as fact?

A good trader will be right maybe 51-55% of the time, anything above that insane. But we should all believe this guy who is positive that bitcoin hasn't bottomed. Because of his extensive 5 year experience, even though any experienced trader worth a shit wouldn't state a trading opinion like its inevitable.

[jbreher]

NO ONE CARES ABOUT BEECASH ~ THE BEECASH NOOBS BANNED ME WITHIN 10 MINUTES :-D GET THE FUCK OUTTA HERE !!! LOLLLL

I have no idea what incident you are babbling about, nor what your supposed banning has to do with the topic at hand. Given your proclivity for tangential non-sequiturs, I'm not sure I care, either.

weeee!

[jbreher]

I make a bit on the side by buying and selling for people, taking a percentage with each trade.

You might want to either stop doing that, or stop talking about it. I suggest you look up the feds' definition of Money Services Business.

Not a murican. But yes, still don't want the taxman catching on.

Oops. My mistake. Indeed, I think you've mentioned this before. Apologies.

In my defense, I meant well

[HairyMaclairy]

So the ponzi scam BitConnect is finally dead? First casualty of the shitcoin saga?

Looks like it. Amazingly someone is buying now and price bounced a bit. Still down 86% on the day.

If I'm understanding correctly bitconnect customers were able to cash out the value of their accounts into bitconnect tokens at a price of $363. Currently the price is about $35

They were told they would be able to do that.  I don’t know if they actually can cash out.

[bonipper]

11500 on GDAX not too bad, hope the bottom is in.

Its not. We have at least one more large dump. Might be as much as a few days from now though.

How do you know that?

Based on a bunch of technical indicators and 5 years of experience tracking bitcoin bull trends and corrections.

But you've only been registered here for four and a half years.

[jbreher]

Sold it all at $9940. Bitcoin is a fraud and if anyone working for me buys any they are fired.

Sarcasm or retard?

That's Elwar's second 'sold it all' in the last several [hours | thousand $]. Figure it out.

[smartcomet]

Masterluc:
From 10k and lower - the last station of the departing train. Who did not have time - buy as last time in life.

[jbreher]

People always say they will buy if price drops but vast majority are too scared to buy when it does or think it will keep going lower.

Aye. 'Tis in these moments where the value of a trading system is manifested.

[criptix]

Sold it all at $9940. Bitcoin is a fraud and if anyone working for me buys any they are fired.

Sarcasm or retard?

That's Elwar's second 'sold it all' in the last several [hours | thousand $]. Figure it out.

elwar is in despair.

he sold at 12.
rebought at 10.5
and sold again at 9.9

 

[yefi]

i sold my house and went all-in and panic bought TRX at $0.24
now i lost almost everything
i dont know what to do now, my wife will probably kill me

you guys think it is the best to just sit it out?

Mentions of TRX in your previous 613 posts: zero.

[criptix]

11500 on GDAX not too bad, hope the bottom is in.

Its not. We have at least one more large dump. Might be as much as a few days from now though.

How do you know that?

Based on a bunch of technical indicators and 5 years of experience tracking bitcoin bull trends and corrections.

But you've only been registered here for four and a half years.

last time i checked you didnt need to have an account on this forum to be in crypto

[Azazel333]

So the ponzi scam BitConnect is finally dead? First casualty of the shitcoin saga?

Looks like it. Amazingly someone is buying now and price bounced a bit. Still down 86% on the day.

If I'm understanding correctly bitconnect customers were able to cash out the value of their accounts into bitconnect tokens at a price of $363. Currently the price is about $35

They were told they would be able to do that.  I don’t know if they actually can cash out.

I think they can. But what they are getting is bcc tokens. So for example if their account had a 100k usd value they will get 100,000/363= roughly 275 tokens. Now worth 275 tokens X 35= 9625 USD

The people who cashed out earlier today salvaged things a little better as price was still over a 100

[explorer]

11500 on GDAX not too bad, hope the bottom is in.

Its not. We have at least one more large dump. Might be as much as a few days from now though.

How do you know that?

Based on a bunch of technical indicators and 5 years of experience tracking bitcoin bull trends and corrections.

But you've only been registered here for four and a half years.

LOL how many registered an account here before becoming involved with bitcoin? 

[criptix]

So the ponzi scam BitConnect is finally dead? First casualty of the shitcoin saga?

Looks like it. Amazingly someone is buying now and price bounced a bit. Still down 86% on the day.

If I'm understanding correctly bitconnect customers were able to cash out the value of their accounts into bitconnect tokens at a price of $363. Currently the price is about $35

They were told they would be able to do that.  I don’t know if they actually can cash out.

I think they can. But what they are getting is bcc tokens. So for example if their account had a 100k usd value they will get 100,000/363= roughly 275 tokens. Now worth 275 tokens X 35= 9625 USD

The people who cashed out earlier today salvaged things a little better as price was still over a 100

this is so funny - and trevon is still trying to defend bitconnect on youtube lmao  

[Icygreen]

No surprises here. The mountains of gains always get chopped off in BTC. Haven't sodl anything but I'm still buying 
Anyway, I'm not here simply to "get rich quick". That may be the eventual consequence of my actions but I'm more interested in challenging the financial status quo. My eventual goal is to be "Unbanked".

[bones261]

I SODL on downside of the last bounce. Now it looks like it will be bouncing higher. Was hoping this was a dead cat bounce. Probably will soar now. 

[Icygreen]

Not only has Vietnam taken measures to make Bitcoin transactions illegal but we can add the bank of Indonesia now.
https://www.newsbtc.com/2018/01/15/bank-indonesia-team-police-clampdown-bali-bitcoin-transactions/

First they laugh and deny, then they fight. Who's ready for the WIN!

[HairyMaclairy]

I SODL on downside of the last bounce. Now it looks like it will be bouncing higher. Was hoping this was a dead cat bounce. Probably will soar now. 

I’m a bull but risks are definitely to the downside in the short term.  We have broken support levels above $10k so we shouldn’t expect a rally.  Ideally you want to position yourself so you do well irregardless of whether the price goes up or down.

[HairyMaclairy]

Not only has Vietnam taken measures to make Bitcoin transactions illegal but we can add the bank of Indonesia now.
https://www.newsbtc.com/2018/01/15/bank-indonesia-team-police-clampdown-bali-bitcoin-transactions/

First they laugh and deny, then they fight. Who's ready for the WIN!

It’s normal for third world countries to require you to use their local currency.  Makes it very hard to do construction projects there because you can’t get your money out.