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Question: New ATH today?
Yes - 35 (79.5%)
No - 9 (20.5%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25465143 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. (157 posts by 13+ users deleted.)
Elwar
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February 01, 2018, 08:18:02 PM

What is the reason for this drop? I’ve seen lots of FUD in my time... but this??

This is plain stupid.

Nothing to do with any news.

Just people. People hear that bitcoin price will go up forever so they buy in. Bitcoin price stops going up and starts going down so they sell.

The snowball effect works the same when the price is going down as it does when the price is going up. Draw the same downward trend lines that were being drawn when the price was going up.

I would love for the price to drop quickly so we can get back to a rebound but it will probably be long and drawn out.
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BitcoinBunny
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February 01, 2018, 08:18:12 PM

mindrust
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February 01, 2018, 08:18:19 PM

This doesn't look good. Going down below 8.5k

Bitcoin is dead this time for sure.
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February 01, 2018, 08:18:37 PM

How much lower can this possibly go? Got a feeling I’ll wake up tomorrow & see $6xxx
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February 01, 2018, 08:19:04 PM
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how much credence to you all put into the Tether playing games and NOT fully backing with USD as they claim?

assuming that .... what do you think the effects will be?

9k coin
8k coin
7k coin
6k coin

etc?

I'm hoping, IF they get burned..it will shake out to cheap coin and a rebound in price and onward and upward

(I am often wrong, however) Sad

thoughts on what IF Tether is worst case and its effects

thanks







I think this puts the $2B Tether in perspective, on the right hand side under the 2016 - USDT
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February 01, 2018, 08:19:37 PM

How much lower can this possibly go? Got a feeling I’ll wake up tomorrow & see $6xxx
$6xxxx is where Jamie Dimon got in. I am a buyer at that point.
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February 01, 2018, 08:19:55 PM

That could be read as a run on Tethers -on finex because there it pays best in btc.

The kraken usdt honey pot is almost empty  Tongue
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February 01, 2018, 08:20:00 PM

Dakustaking76
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February 01, 2018, 08:22:27 PM

Will this ever stop??? Damn beloved one your hurting us!!!!

Guyssss..... Huh Huh Huh


Still hodling
LFC_Bitcoin
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February 01, 2018, 08:23:40 PM

Will this ever stop??? Damn beloved one your hurting us!!!!

Guyssss..... Huh Huh Huh


Still hodling

Oh fuck yeah, if you didn’t sell at $19,000 you’d be a fucking moron to sell now
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February 01, 2018, 08:24:34 PM

The poor desperate fucks that wanted to get rich overnight are selling while i'm holding and watching this very closely https://www.reddit.com/r/Bitcoin/comments/7uj325/the_lightning_network_quietly_surpasses_over_1000/

https://lnmainnet.gaben.win/



Under normal circumstances i would have sold, because i knew that Tether was nothing but a scam, but with the Lightning Network gaining traction this rapidly, FUCK NO!
conspirosphere.tk
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February 01, 2018, 08:24:52 PM

That could be read as a run on Tethers -on finex because there it pays best in btc.

The kraken usdt honey pot is almost empty  Tongue

Of course: because USDT buy more btc on finex.
Dakustaking76
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February 01, 2018, 08:26:33 PM

Will this ever stop??? Damn beloved one your hurting us!!!!

Guyssss..... Huh Huh Huh


Still hodling

Oh fuck yeah, if you didn’t sell at $19,000 you’d be a fucking moron to sell now


He he lal never sell bitcoin until 2021 maybe
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February 01, 2018, 08:27:17 PM

My senses are starting to tell me there are Chinese people involved in this tether scam.  Why?  Because Chinese people are the most stubborn donkey-like people on earth, and even though it's completely obvious Bitfinex is committing fraud and printing money from thin air to support $9k price while other exchanges are far below it, a Chinese person caught red-handed doing this kind of scam would just pretend like nothing happened and keep on pulling the money printing lever to print more Gox dollars.  A Jew scammer would actually adjust his strategy to make it less obvious.
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February 01, 2018, 08:27:52 PM

are you ready to go under 7500 euro / BTC? this is optimistic Smiley my prediction for the next 1-3 days is under 7000eur

Good night bitcoin land!

Wow, i feel i need to quote my last post, turns out that my feeling was right....
i read very many times bad words for peoples opinion and almost never a good word when our predictions are right....
i wonder why......

I just double quoted myself. not want to say more than: i told you so...yet, i nothing had back like a simple thank you....
more easy for people to write stupid things like close your mouth etc etc...

I will not say anything more. i registered here and speak from time to time many years before and i support bitcoin since the early days.
I want to wish good luck to everybody.Remember 1 Btc is NOTHING, 1 BTC worth also nothing, the reason of worthing anything is me you and everyone else... keep that in mind, not the wall street boys bot the goverments not aliens Smiley lol
again good luck and do not invest more than you are ready to lose forever...
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February 01, 2018, 08:28:43 PM
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Still nicely on target for growth.

Slight correction was required to recover from overheat conditions. Classic propellor correction pattern.

LFC_Bitcoin
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February 01, 2018, 08:30:20 PM

Will this ever stop??? Damn beloved one your hurting us!!!!

Guyssss..... Huh Huh Huh


Still hodling

Oh fuck yeah, if you didn’t sell at $19,000 you’d be a fucking moron to sell now


He he lal never sell bitcoin until 2021 maybe

2021 is my get out plan I think, never 100% but I plan to dump maybe 75% of my stash then, if’s around 1 year after the next halving so judging by the reaction in the market of past halvings I think that’s my plan.
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February 01, 2018, 08:31:02 PM
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Bulltrap?
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February 01, 2018, 08:31:20 PM

This is an interesting twist on the USDT thing: that they are capitalised, but went about it backwards. http://telegra.ph/Tether-could-be-guilty-of-perpetrating-a-huge-fraud-just-not-the-one-we-think-02-01

It doesn't make sense.

Quote
The timing of the creation of new USDT. Analysts have noted this often happens at critical moments, for example when the market is falling sharply or is threatening to breach a significant technical level. That would make sense if Tether are using those opportunities not only to buy cheap BTC, but potentially to manipulate prices higher in order to sell them at a better rate.

Bullsh!t. Every margin trader is doing that.
Dakustaking76
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February 01, 2018, 08:32:39 PM

Will this ever stop??? Damn beloved one your hurting us!!!!

Guyssss..... Huh Huh Huh


Still hodling

Oh fuck yeah, if you didn’t sell at $19,000 you’d be a fucking moron to sell now


He he lal never sell bitcoin until 2021 maybe

2021 is my get out plan I think, never 100% but I plan to dump maybe 75% of my stash then, if’s around 1 year after the next halving so judging by the reaction in the market of past halvings I think that’s my plan.



I have a price in my head if it reachs that, then i Will sell to 75% And hold the rest.
There we go guys bottom on kraken was 6700€ were rising now!
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