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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25461117 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.)
hisslyness
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February 02, 2018, 12:01:12 PM

So I have tried to protect my position/investment and also accumulate BTC along the way. Trade in and out of positions...

After weeks of reading other member post, analysing charts and learning TA theories, trying to predict when the bounce will happen.

I came to the conclusion, I know fuck all about what will happen next. Whenever I buy, price goes down even further, when ever I sell, price goes up! WTF am I doing...

Then it just hit me.... Imagine if you were a BTC Whale, why would you buy into the market right now?

How far can they push the price down before the average person finds the price reasonable to join the BTC again?

BobLawblaw, have you bought back in after selling 200+ BTC? I think that is the gauge, until Bob buys back in we should all sit this one out!  Wink
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adam1230
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February 02, 2018, 12:01:35 PM

Bitcoin price is dropiing but on the other side ripple is simply dead!
I am shocking after the ethereum drop yesterday. this was not good for me.
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February 02, 2018, 12:02:44 PM

Bitcoin price is dropiing but on the other side ripple is simply dead!
I am shocking after the ethereum drop yesterday. this was not good for me.


I sold ETH top. That was such an obvious trade. They rarely get easier than that.
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February 02, 2018, 12:06:46 PM
Merited by RejectedBanana (1)

Blood bath!  BUY BUY BUY!

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February 02, 2018, 12:10:07 PM

You know that whistling sound that gradually changes to lower pitch as a bomb drops?
...that’s the sound of the crypto markets these days....
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February 02, 2018, 12:11:23 PM

U know whats really gay?  Shocked Is how there is so many cryptocurrencies called Bitcoin. And Coinbase has two of them. It's absurd. They are the top two ones on the list also. That is confusing to new people! Some guy will come in thinking... huh... why should I buy Bitcoin when there is Bitcoin A, B, C, D, E, F, G etc.... and much cheaper? Bitcoin Cash Bitcoin Gold Bitcoin diamond Bitcoin faggot, can't they think of an original name? All BCH did is increase the blocksize and they think this is an accomplishment? That shit is worthless. At least the other altcoins have a novel idea. NO respect to BCH, now that transaction fees are back down.
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February 02, 2018, 12:11:32 PM

At this point, I'm kinda wanting a FULL ON FUCKING CRASH DOWN TO SUB $1,000 USD.
(...)
Then, I will buy up all the cheap Bitcorns, and ride the rocket back to moon when the SAVAGE AND BLOODY CAPITULATION is complete.

Amen.
Get your fiat in order now to be able to buy later.
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February 02, 2018, 12:11:42 PM

Last time I bought BTC it was $166. Remind me what all you youngsters are moaning about again??  Grin

The first time I bought it was by telephone for $75 each for 3.39BTC
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February 02, 2018, 12:13:40 PM

In the bull run, there seemed to be a general consensus that the top would be $12-14k. There also seemed to be a general expectation that $8k would be the bottom.
Make of that what you will Smiley


Your just making shit up in terms of identifying points of supposed "consensus."


Make of that what you will. 
hisslyness
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February 02, 2018, 12:18:36 PM

Wow!.. I never thought this would happen... It is 20% cheaper to buy BTC in Australia than BTC/USD!

8000AUD vs 8176USD (BitFinex)
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February 02, 2018, 12:23:13 PM

Some guy in South Korea called it:

https://www.zerohedge.com/news/2018-02-02/bubble-crypto-has-burst-bitcoin-slides-below-8000-bloodbath-continues

"The Bubble Has Burst"

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February 02, 2018, 12:24:29 PM

damn tulips
RejectedBanana
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February 02, 2018, 12:24:38 PM

Welp, I think I see the floor...

Below all the muck, piss, and tears and BobLawblaw's beer shits and

--ope!-- there goes Tera sacrificially tossed over the edge, sorry buddy, we should have all listened to you more...

Take r0ach with you please, though... And kwukduck, too.

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February 02, 2018, 12:32:21 PM

Wow!.. I never thought this would happen... It is 20% cheaper to buy BTC in Australia than BTC/USD!

8000AUD vs 8176USD (BitFinex)

Bitfinex is actually even trading above the Korean exchanges.
The Korean exchanges had premiums of more than 20 % to the Western exchanges
not long ago.

My theory is that Bitfinex need to prop up the price on their own exchange to
prevent a cascade of margin calls that would cause a bloodbath. Meanwhile
price points aren´t really defended at other exchanges like Bitstamp that offer no
margin trading and therefore don´t need to fear a cascade of margin calls.

Off-topic:
If someone of you speaks Spanish and needs a distraction from the BTC price,
you can read the official whitepaper for the revolutionary Venezuelan cryptocurrency
- the PETRO - at the following website:
https://www.documentcloud.org/documents/4363861-Whitepaper-Petro.html#document/

If anyone prefers the English translation:
http://elpetro.gob.ve/Whitepaper_Petro_en.pdf

A few quotes:
Quote
Petro (PTR) has its origin in the idea of president Hugo Chavez of a strong currency backed by raw
materials

Quote
Petro will be a sovereign crypto asset backed by oil assets and issued by the Venezuelan State as a spearhead
for the development of an independent, transparent and open digital economy open to direct participation of
citizens.

Quote
Petro is breaking in with a promising outlook, taking advantage of:
...
• A market of more than thirty million people eager for savings, investment and international
exchange instruments

And here I was thinking that the Venezuelan people were looking for food and other things that
are necessary for survival.

Quote
To put it in perspective, the oil market is larger than the sum of all metal markets.

This quote could be interesting for realr0ach  Grin

Quote
Petro will give investors the opportunity to enter the crypto asset market with an instrument of intrinsic value
that is safer, more stable and susceptible to a fundamental analysis because it is linked to a widely known
industry, and therefore, suitable to be used in large transactions and even as a store of value.

Quote
PETRO IS A MUCH MORE AMBITIOUS PROJECT THAN OTHER DIGITAL CONVERTIBLE
CURRENCIES SUCH AS THE DIGIX (GOLD-BACKED) OR THE TETHER
(BACKED IN DOLLARS),

The whitepaper even contains a reference to Tether (!).

...

To top it all off Venezuela is obviously going with the standard scam launch scheme:
1. Pre-Sale
2. ICO on Ethereum




RejectedBanana
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February 02, 2018, 12:33:13 PM

damn tulips

My wife brought home a giant vase of tulips this week.  Been watching them bloom in concert with this correction.

She has no idea the significance.

Ah well...

What's better than roses on a piano?

Tulips on an organ!  Kiss
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February 02, 2018, 12:34:15 PM
Last edit: February 02, 2018, 12:53:53 PM by micgoossens

I think for sure all the long term hodlers have friend with BTC .... for example after i had btc and believed in iT i told Some friend and Some of the bought to even @ low prices +- 700ish -1kish Some later @2k-5kish and offcourse few ATH buyers
Now few of them allready saying When the price hits back 9 or 10k i Will sell.... This is something we Will see a lot offcourse So Many waiting for the Sharp pump to quickly dump there coins
So Many still not getting iT
Cassius
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February 02, 2018, 12:38:51 PM

I think for sure all lingerie term hodlers have friend with BTC .... for example after i had btc and believed in iT i told Some friend and Some of the bought to even @ low prices +- 700ish -1kish Some later @2k-5kish and offcourse few ATH buyers
Now few of them allready saying When the price hits back 9 or 10k i Will sell.... This is something we Will see a lot offcourse So Many waiting for the Sharp pump to quickly dump there coins
So Many still not getting iT

Autocorrect? Freudian slip typo?
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February 02, 2018, 12:44:13 PM

Hey! Bitcoin! Where ya goin'?

I thought we'd agreed to meet at $7700  Huh
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February 02, 2018, 12:44:28 PM
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Hmm... looks like I won’t need tax advice this year after all...
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February 02, 2018, 12:45:50 PM

Bear hit the wall!

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