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

[Rosewater Foundation]

Still no sign of a bounce. Somebody sacrifice a goat.

[El duderino_]

Do not worry this is a very healthy correction.

We are just getting rid of dumb money in crypto. If you didn't do stupid things to buy crypto (like borrowing money from banks) then you have nothing to fear. Just hodl it. People who did these stupid things however, they r.i.p.

Last time i've seen this shit ( the dump after Gox in 2013 and the pump after) i made a promise to myself. I won't play this sell high buy low game. Buy&Hodl. That's all matters. If you think we will never ever see $20k and upwards again, you should dump everything you have and leave crypto immediately.

The best strategy the buy/hodl F*** the rest Thats happening ,is the one wroten often in This threat and agreed mostly on ...... but still i think Many of those that agrees on This strategy don’t really do iT allways and still find ways to panic and sell @ ridiculous prices maybe breake even ,or with very little gains ,or maybe with losses ,but Just keep in mind Why you are in btc for and if its for the long term glory than Just hodl thru and ride the waves doesn’t matter in what kind of forms/Sizes they come Just relax and keep riding them

[luckygenough56]

that butter meme was worth it

[savetherainforest]

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?

Ahahaha!!! Maybe not!!!

[Toxic2040]

there is a thread in the speculation subforum called "meme speculation"

Why was it locked? Went through couple of pages.. it looks fun..

Sadly, there are quite a few locked threads on this forum that deserve some necro love. Perhaps start a new one..everyone enjoys memes.

Still no sign of a bounce. Somebody sacrifice a goat.

**Edited: CFTC has rescheduled the date for this event from Feb 6th to Feb 14th, 2017.**

Might hold off it looks like. Now we have all the makings for the perfect storm next week. Stocking up on popcorn, tums, hookers and blow. See ya.

[d_eddie]

I think that my maintenance stage has become more and more refined, but I don't think that my skills caused the refinement but instead the fortune of our most recent exorbitant price rise from $2,600 to $19,666... .. but yeah, we are back in the doldrums of $8k-ish, but did not stop me from feeling a certain level of comfort from maintenance refinement.  When we get to $100k (assuming we do at some point - perhaps less than 5 years?  perhaps?), then I will likely develop even a more "refined" perspective regarding the significance of maintenance.

I can't help imagining you as you build the phrase and deliver it in a rhythmic deep baritone with hints of Spanish accents. A cigar and your favorite drink are all the props needed for the scene.

(lots of snip snip)
Without conceding any truth of the matter asserted, perhaps reasonable claims can be made that money causes changes in the way each of us carries ourselves, whether in the real world or online?

That does sound likely.
But you haven't told me what your favorite drink for such a speech would be!

[luckygenough56]

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

ok am buyin tuna cans, meds, water and a bit of godl and silver

[Nosk]

BTC/EUR depth seems balanced, however the BTC/USD depth show some sign of weakness in the selling side.
Come on you rich people, buy all that  



edit : screenshot taken on kraken 1 minute ago (PS : woops, sorry for the image size)

[El duderino_]

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

ok am buyin tuna cans, meds, water and a bit of godl and silver

Don’t forget Some btc’s

[luckygenough56]

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

ok am buyin tuna cans, meds, water and a bit of godl and silver

Don’t forget Some btc’s

i prefer to buy real candles, they will be of more use than btc if power goes out

[Biodom]

**Edited: CFTC has rescheduled the date for this event from Feb 6th to Feb 14th, 2017.**

Someone decided that they might need to deal with the plunging stock market instead and leave crypto alone?
One would hope, but whatever. It would be "funny" if they wanted to damage crypto and shot themselves in the foot so to speak.
It already happened before. A law of unintended consequences.

EDIT: Dow is down more than 500 points again.

[Wolf Rainer]

[markj113]

ok am buyin tuna cans, meds, water and a bit of godl and silver

HODL the GODL?

[Searing]

there is a thread in the speculation subforum called "meme speculation"

Why was it locked? Went through couple of pages.. it looks fun..

I started a meme link, a while back..went no place....likely, I put it in the wrong area

https://bitcointalk.org/index.php?topic=2211133.msg22274105#msg22274105


anyway, just an aside

[rafanadal]

6xxx

 

[Enjel]

I look at the charts, and I can't help but feel a bit worried, since the trading price is tanking so much.

However, I truly believe that we are still in an early adoption phase. I believe that in 1-2 years, possibly longer, we will look back on this as just another one of those small blips, like we look back on $1000 to $100 drop in 2014 (which I didn't experience personally, but I know that must have been painful for many).

Instead, I feel sad for a different reason.
Personally I'm rather more disappointed in what I caused for my family - my family owns about 2+ Bitcoins, a lot of LTC, ETH, and a wide variety of alts that many old-timers would call "ERC20 shitcoins".
Although I was an early-ish adopter, the large amount of money my parents put in to crypto basically means we are down a lot, overall.

[smracer]

Why does it take so long for everyone to panic dump?  Just do it already.

[markj113]

Just hit $6950 then bounced just over the $7k mark again.

[svdleer]

300 BTC @ 7K buy wall pulled @ GDAX

[Dakustaking76]

Guys i think this isnt a healthy correction, this is a crash...
We tanked more then 60% in price And still going we had many correctios
When the price was high So Dont Tell me this is a correction.

Banks And the goverments are toying with us And banning crypto
And maybe this Will go on