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

[BTCMILLIONAIRE]

Jesus Christ. We're going to test $9k, aren't we

This is going all the way down to 1k

If it actually did I'd be selling my house and moving into a tiny flat to ride it out.

[Elix9]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

Why HODL if you can sell and re-enter at a better price?

[sirazimuth]

hey, where are all the Wile E Coyote crashing rocket memes?  (or cliffs etc ...to wit:-)

[gentlemand]

Why HODL if you can sell and re-enter at a better price?

Because almost everyone fucks up the timing, is driven mad by it and becomes one of the perma ignored nutters on here forever after.

[rafanadal]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

Why HODL if you can sell and re-enter at a better price?

is there a platform where u can do that without verification ?

[1982dre]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

Why HODL if you can sell and re-enter at a better price?

I tried that before and every time after i sold some, the price started rising.  

[samsonn25]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

btc is a failure and useless as a payment system
governments are cracking down on btc trading
ppl buy it as an investment and right now it looks like a shitty investment to make

1 bitcoin is only worth what ppl think its worth

Yes a quarter of a penny 9 years ago

[BTCMILLIONAIRE]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

Why HODL if you can sell and re-enter at a better price?

I tried that before and every time after i sold some, the price started rising.  

Yeah, just hodl. No point in triggering taxable events when you don't know exactly what's going to happen.

[Elix9]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

Why HODL if you can sell and re-enter at a better price?

I tried that before and every time after i sold some, the price started rising.  

HODL makes sense for small corrections, but something like this - should have gotten out yesterday and look for a place to re-enter. There's plenty of room for margin of error.

[HanvanBitcoin]

Well, my BTCuy order just got filled. Lets see where this will take me in a couple of weeks

Go BTCitcoin!

[samsonn25]

Wow went down to 9200

[criptix]

look out for the multi million buy walls getting placed now 
20 k tommorow 

You're giving me some hope to still hodl my bitcoin. But I'm still in the situation that scared in lost income.
Imagine that I brought at 14K per bitcoin and now 9K per bitcoin sound scary right.

Doesn't sound scary to me. Slightly displeasing, but not scary. If it crashed even further you shouldn't have too much of a problem with it because you shouldn't invest more than you can afford to burn. And on the contrary it just means riding out the wave with full confidence in your own decisions.

250 IQ ---- MINIMUM 

[itod]

True story:

My daughter knows that I'm in Bitcoin, and today she asked me if I know that bitcoin is crashing, she saw it somewhere online. I told her that I know, and without me explaining anything about it, she gathered half of her savings and asked me isn't it now good time to buy and can I help her do it?

Makes daddy proud. HODLer by nature.

[rafanadal]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

btc is a failure and useless as a payment system
governments are cracking down on btc trading
ppl buy it as an investment and right now it looks like a shitty investment to make

1 bitcoin is only worth what ppl think its worth

Yes a quarter of a penny 9 years ago

and once ppl figure out it's useless as a payment system
it will be worth that much 9 years from now

[EtherCoin]

Too early to call that 9,049 the bottom but if it is I am gonna be pissed, my-ssive buy orders were still a couple grands below :|

Eth.

[Torque]

Lol. Companies are so dumb.

https://twitter.com/iamjosephyoung/status/953134267587899392

[OWZ1337]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

btc is a failure and useless as a payment system
governments are cracking down on btc trading
ppl buy it as an investment and right now it looks like a shitty investment to make

1 bitcoin is only worth what ppl think its worth

if you cannot USE bitcoin you better stay away and let those of us who understand the underlying technology , bitcoin is not for everybody :-D lol

[mindrust]

Wow went down to 9200

Look at the bright side, it is still

over 9000!!!!

[EtherCoin]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

Why HODL if you can sell and re-enter at a better price?

is there a platform where u can do that without verification ?

There are several decentralized exchanges around atm where you can do it without verification, volume is not to trade in the mils yet, though.

Eth.

[BTCMILLIONAIRE]

I’m eating a late lunch, sipping champagne & even I will admit this is fucking terrible. I won’t be able to retire for at least another two or three years at this rate.

Let me stress to all those panicking though - You haven’t lost anything if you don’t sell - 1 bitcoin is still 1 bitcoin. HODL & you will be greatly rewarded after the next halving.

Why HODL if you can sell and re-enter at a better price?

I tried that before and every time after i sold some, the price started rising.  

HODL makes sense for small corrections, but something like this - should have gotten out yesterday and look for a place to re-enter. There's plenty of room for margin of error.

You never know when there's going to be a small correction or "something like this". And taxes are a very real and substantial cost in most countries. If you flunk your exit and re-entry you'll end up losing more in tax than you would've earned with the short.