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

[Rosewater Foundation]

Hey, I cashed in some bitcoin 2 weeks ago to order an Elon Flamethrower. And he threw in a fire extinguisher gratis.

So I'm doing fine. I will use the flamethrower to take chips off boards, so it might be a business expense. Need to ask the IRS about that.

Even my Flamethrowers are imaginary now.

[explorer]

Doesn't anyone here have a life?

Not when their lambo dreams are even futher delayed  

With all due respect, we lost our imaginary Lambos weeks ago.

But Bob's still got his new Porsche.  And the old one, it sounds like.  Seems like best bet is to skip the imaginary ones, and get a real one.  They last longer!

[lightfoot]

Or people are flocking to dollars to pay maintenance on their Lambos. Those things are pricey, get a used Porsche.

More seriously, I remember in 2008 when EVERYTHING was melting down, even gold. I had some cash stashed and that allowed me not to panic sell. Which turned out to be a good idea since the market tripled. But live within your means now for awhile, don't keep buying Lambos.

[conspirosphere.tk]

There's more to this than meets the eye and somehow I feel its related to tether in some way. The sell pressure during this fall was relentless even though there was also plenty of support. Sure there was fud flying around but nothing too dramatic or nothing we haven't seen before. I could be totally off but my gut says something up.

Yes, my take is that it was mostly a panic induced by Tether/Finex -founded or not. As usual is likely that the instigators took more profits than anyone else from it.

[jojo69]

next leg down incoming

[realr0ach]

For crying out loud!

I go to sleep and then work for a couple of hours and come back here and there is 22 pages to catch up.
Doesn't anyone here have a life?

I holocausted all the Jews, minorities, sjws, shitlibs, women, centrists, and Lauda from the thread so you wouldn’t have to read as much.  All that remains is high quality content put together by a team of nazi scientists.

[marcus_of_augustus]

anemic rebound ... we're going lower, the level of irrationality in this sell-off is high, very high, so the FUD, anxiety and madness will continue.

Stocks, bonds and maybe RE are all going to get trashed too. It's a general global panic mood taking hold, Puetzian crash window beginning on the Super Blue Blood Moon Eclipse from 31/1/18 is open until 15/2/18 at least ... could be the beginning of the Big One.

New Fed Chair looks like a fall guy puppet muppet, stay away from fiat altcoin mirages.

[Last of the V8s]

http://markets.businessinsider.com/news/stocks/cryptocurrency-bitcoin-ripple-ethereum-price-gaining-as-investors-flee-stock-selloff-2018-2-1014976403
msm spinning it differently

[Arriemoller]

For crying out loud!

I go to sleep and then work for a couple of hours and come back here and there is 22 pages to catch up.
Doesn't anyone here have a life?

Says the guy who's just wasted his life reading the last 22 pages....

Nope haven't read them all yet, still have 19 to go, I might just skip them.
It's been a beautiful day here and for a change I was up early enough to catch half of it. So I'm in a really good mood and might just do something useful instead.

[FractalUniverse]

So, what we have here is not crypto crash at all. Its just epic tethers/fiats pump
..and thats actually a good news, because they will be dumped again eventually.

[Rosewater Foundation]

we're going lower

Super Blue Blood Moon Eclipse from 31/1/18 is open until 15/2/18 at least ...

Marcus finally lost his marbles. Will he start his own crypto kingdom?

[posi]

This crash is your opportunity to create intergenerational wealth.

If you do not exhaust your fiat, you will soon have more BTC than you could have dreamed of.  Don’t get bull trapped.  If you are currently trapped, this candle is an opportunity to exit before the next leg down.  

With people massive panic sell and Steve Wozniak liquidated most of his bitcoin holding while the price is down to $7200 price range. I'm afraid you're right this indeed the best chance to have or buy enough bitcoin.

[User705]

This crash is your opportunity to create intergenerational wealth.

If you do not exhaust your fiat, you will soon have more BTC than you could have dreamed of.  Don’t get bull trapped.  If you are currently trapped, this candle is an opportunity to exit before the next leg down.  

now THIS is the sort of capitulation talk I'm looking for

Naw this is like the negotiation stage.  We’re looking for acceptance.  As in “Fuck this bitcoin is over”.  Not there yet.

[STT]

Or people are flocking to dollars to pay maintenance on their Lambos. Those things are pricey, get a used Porsche.

More seriously, I remember in 2008 when EVERYTHING was melting down, even gold. I had some cash stashed and that allowed me not to panic sell. Which turned out to be a good idea since the market tripled. But live within your means now for awhile, don't keep buying Lambos.

This man speaketh the truth, dont put all eggs in a basket unless you Warren Buffet in which case he says its fine and watch it really carefully but he also says dont touch crypto.    Its known as asset allocaiton, never over balance yourself over weighted to one direction in all the various asset types.    Helps to stay afloat in rough seas which I think are a reasonable prospect

People say crypto is volatile but its partly born of a desire to counter the upcoming failure of world reserve currency which tldr could be a big game changer.    I think its all relative, I note that overall markets are selling off a bit recently.   The big deal to watch is Dollar strength, google dxy because thats the denominator to all prices even virtual

[explorer]

For crying out loud!

I go to sleep and then work for a couple of hours and come back here and there is 22 pages to catch up.
Doesn't anyone here have a life?

Says the guy who's just wasted his life reading the last 22 pages....

Nope haven't read them all yet, still have 19 to go, I might just skip them.
It's been a beautiful day here and for a change I was up early enough to catch half of it. So I'm in a really good mood and might just do something useful instead.

It's something I need to embrace.  I might even take on a job or 2, if crypto is not going to bother entertaining me with up moves.  Still a beautiful day here, maybe a bike ride, to squeeze some of the crypto bubbles from the blood.  Or was it blood being squeezed from the crypto bubbles?  Not mine, anyway.

[lightfoot]

At least this is flushing out the stupid altcoins. Bye bye alts, come back to Bitcoin.

[lightfoot]

This man speaketh the truth, dont put all eggs in a basket unless you Warren Buffet in which case he says its fine and watch it really carefully but he also says dont touch crypto.    Its known as asset allocaiton, never over balance yourself over weighted to one direction in all the various asset types.    Helps to stay afloat in rough seas which I think are a reasonable prospect

Pretty much. What kept me going in 2008 was going down to the deposit box and running my hands through the small stash of silver and gold and making noises like a pirate. Aarggh and all that. It helped me to remember that I have things and will be ok.

If things go boom this time I will stroke my tools and such knowing that they go with me and can always bring value. That's the important thing in life, be able to create value and you'll be ok.

[BayAreaCoins]

At least this is flushing out the stupid altcoins. Bye bye alts, come back to Bitcoin.

Why would anyone come back to Bitcoin...?  So we can wake up tomorrow to $50 fees because one group of miners can manipulate the fee market that much.  I'm sure the trash alt markets (which are most) will be flushed, but the "real" alt markets are still strong and will continue to grow stronger during this shit show.

Bitcoin needs to scale to at least make it more costly and more risky for those who want to spam pool for profit.

I'm getting all types of calls "Why is Bitcoin going down?"... I just remind them that $50 fees are NOT the future and this is the markets slow reaction to the shit we dealt with in December 2017.

[TERA2]

Im just buying piecemeal now. Im not even trying to guess or trade the bottom - itll bounce too fast.

[gentlemand]

Why would anyone come back to Bitcoin...?

This reminds me of those sneaky kids in school who get in a few unseen punches of their own during someone else's fights and then runs back into the shadows.