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

[Rosewater Foundation]

So... sell a bit to take profit next week ?   

Next week we could be fighting over the bones. I'd say run now.

I am buying now. The price is right and it won't be for long.

God speed, random internet person. Fortune favors the fortunate.

[Phil_S]

I don't have the courage to jump. I guess I'm going down with the ship. wee

[Dakustaking76]

BITCOIN DO SOMETHING 
COME ON DONT LET US DOWN AGAINST THE ***** banksters And the whole world for being bad about you

[Nosk]

I have a feeling that the 6k€ support will be eaten soon... That's it, I sell just a bit to buy back after.

[Dakustaking76]

Yep were down to 5xxx

[soullyG]

Starting to get to the "maximum fear" levels now, let's see how quickly this bad boy will turn around..

[El duderino_]

Yep were down to 5xxx

Very typical thing that everybody is saying but nobody wants to happen 

[RayX12]

Like Jimbo would say:

Good morning Bitcoinland I see Bitcoins is $100 dollar cheaper than 3 days ago...  Not low enough for me to run to the ATM.

[fragout]

Starting to get to the "maximum fear" levels now, let's see how quickly this bad boy will turn around..

Strangely, i hit maximum fear yesterday and now today even though the price continues to fall, i feel calm (ish).
The worry i do have though is that there seems to strong support all the way down and those sellers just keep on selling.
This seems different than previous times though where there was more of a flash crash followed by a strong reversal.
I think when we do eventually hit the bottom, it will be more of a slow crawl up with many bumps along the way.

[windjc]

Starting to get to the "maximum fear" levels now, let's see how quickly this bad boy will turn around..

Probably a lot lower than you expect.

[orpington]

No dead cat bounces, no bull traps... wtf?!

just a fucking steady controlled demolition.

Where is that goddamn bottom? Push me too far and I WILL buy more.

[pacman7331]

 How come nobody’s talking about this coordinated attack on bitcoin? Has nobody noticed that all the nations of the world and all the governments of the world are working together on a schedule to bring down the price of bitcoin? Everybody is banning it every other day and they are predicting this in predicting that and trying to destroy cryptocurrency. Why isn’t anyone talking about that?  I Understand this thread is about speculating on price but I see people going off topic ...and in my opinion this is the most interesting thing happening it’s very clear that all the governments of the world are working together on this.  Bitcoin is now a symbol of resistance to the Chinese communist government!  I wouldn’t be surprised if there are inquisitions soon for people who were holding bitcoin / crypto in China!  And as we see other governments responding in kind you have a shape of the New World order coming right out of the shadows for everybody to see.  Those of the people who run our world! And it says in the Bible the devil runs the world! These people are who the Bible was talking about!  Take the acronym FUD fear uncertainty doubt does that sound like something God for angels are trying to inspire?  Who do you think rules through fear: God or the devil?

http://www.scmp.com/business/banking-finance/article/2132009/china-stamp-out-cryptocurrency-trading-completely-ban

 Does anyone really think that bringing down the price of bitcoin is going to end bitcoin in some way I don’t think so...

[Torque]

This seems different than previous times though where there was more of a flash crash followed by a strong reversal.

Last time (2013-2014) was a little different in that there was lot of leverage being applied by Chinese whale traders on their exchanges, often 100X or more. So there were these wild swings of +/- 30-50%, in some cases 75% with very little volume.

IMO the whale shorts are still shorting here and running the stops, looking for a temporary bottom.

Does anyone really think that bringing down the price of bitcoin is going to end bitcoin in some way I don’t think so...

No.

[TeeBone]

Panic everywhere....this shit cant go down forever. Buy some here, double down at 5K for mid-term trade. RSI is way oversold.

[ghandi]

How come nobody’s talking about this coordinated attack on bitcoin? Has nobody noticed that all the nations of the world and all the governments of the world are working together on a schedule to bring down the price of bitcoin? Everybody is banning it every other day and they are predicting this in predicting that and trying to destroy cryptocurrency. Why isn’t anyone talking about that?  I Understand this thread is about speculating on price but I see people going off topic ...and in my opinion this is the most interesting thing happening it’s very clear that all the governments of the world are working together on this.  Bitcoin is now a symbol of resistance to the Chinese communist government!  I wouldn’t be surprised if there are inquisitions soon for people who were holding bitcoin / crypto in China!  And as we see other governments responding in kind you have a shape of the New World order coming right out of the shadows for everybody to see.  Those of the people who run our world! And it says in the Bible the devil runs the world! These people are who the Bible was talking about!  Take the acronym FUD fear uncertainty doubt does that sound like something God for angels are trying to inspire?  Who do you think rules through fear: God or the devil?

http://www.scmp.com/business/banking-finance/article/2132009/china-stamp-out-cryptocurrency-trading-completely-ban

 Does anyone really think that bringing down the price of bitcoin is going to end bitcoin in some way I don’t think so...

blah blah blah.

No one can stop it. Bitcoin will always be worth what you and i agree upon. Who cares for states?

[Wolf Rainer]

DOW JONES falling like a stone in the water. Global economy is falling down. WTF is going on?

[kludzins]

China is back
https://cointelegraph.com/news/ban-complete-china-blocks-foreign-crypto-exchanges-to-counter-financial-risks

[windjc]

How come nobody’s talking about this coordinated attack on bitcoin? Has nobody noticed that all the nations of the world and all the governments of the world are working together on a schedule to bring down the price of bitcoin? Everybody is banning it every other day and they are predicting this in predicting that and trying to destroy cryptocurrency. Why isn’t anyone talking about that?  I Understand this thread is about speculating on price but I see people going off topic ...and in my opinion this is the most interesting thing happening it’s very clear that all the governments of the world are working together on this.  Bitcoin is now a symbol of resistance to the Chinese communist government!  I wouldn’t be surprised if there are inquisitions soon for people who were holding bitcoin / crypto in China!  And as we see other governments responding in kind you have a shape of the New World order coming right out of the shadows for everybody to see.  Those of the people who run our world! And it says in the Bible the devil runs the world! These people are who the Bible was talking about!  Take the acronym FUD fear uncertainty doubt does that sound like something God for angels are trying to inspire?  Who do you think rules through fear: God or the devil?

http://www.scmp.com/business/banking-finance/article/2132009/china-stamp-out-cryptocurrency-trading-completely-ban

 Does anyone really think that bringing down the price of bitcoin is going to end bitcoin in some way I don’t think so...

What is SCMP and why is every article on there anti-crypto?

[Torque]

DOW JONES falling like a stone in the water. Global economy is falling down. WTF is going on?

Market fell only 2.5% on Friday. And the market today isn't even open yet.

Too soon?

[Wolf Rainer]

DOW JONES falling like a stone in the water. Global economy is falling down. WTF is going on?

Market fell only 2.5% on Friday. The market today isn't even open yet.

Too soon?

Pre-market fall 1.2% on Dow Jones, and 0.9% on NASDAQ 100.

Apple falling 4.34%, Chevron 5.57%, Goldman Sachs 4.48%

http://markets.businessinsider.com/index/dow_jones

http://markets.businessinsider.com/index/nasdaq_100