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

[Rosewater Foundation]

HOW are we bleeding this bad??

The naysayers were right. It was a bubble. It is popping.

[Neo_Coin]

[bones261]

HOW are we bleeding this bad??

People shorting this shit to the ground at the moment, I suspect. Even though the CBOE and CME are cash settled, I'm sure some of the big shorters have figured out how to short on the Bitcoin exchanges as well. I'm sure there are more than a few individuals who have made lots of USD shorting BTC from the top. Not sure why the people going long haven't put much effort in protecting their position(That I can detect. If they did, they got owned.). Must be some really dumb money.

[HairyMaclairy]

Fuck it. 

I have set buy orders from $6400 to zero. 

First one just got triggered.  Let’s all go down together !

[TERA2]

HOW are we bleeding this bad??

Maybe this is the final fail. I still think it's going to bounce first.

[criptix]

inb4 flash crash to 5 k 

[Nosk]

Ok fine. Just sold a bit now and then I'll go long with leverage once it dips more.
And if it doesn't dip anymore... well that's fine for me. Win-(half)win scenario.

[explorer]

All I know is that I have enough in the bank to last until 2020. Then I buy islands.

Or build them...

[MinermanNC]

I'm forever optimistic when it comes to Bitcoin. Always seems to find a way to come back a tad stronger each time it hits a dip, usually caused by fud more than anything substantial.

Anyways it is interesting the big dip today with the stock market and with Bitcoin over the last couple days. I think investors in general are just stepping back and taking a breath before they come back at it.

Everything was due for a correction after such an outrageous climb. Just my thoughts

[JayJuanGee]

This whole price discovery process reminds me of that Fight Club scene:

"I felt like destroying something beautiful."

We all know how the central banks fared at the end of that movie.

"It's only after we've lost everything that we're free to do anything."

7000! Where's our memes?

Get the 8000 memes ready. And most especially $10k.

All those late-to the-party pansy whiners who were wishing, praying for a correction to load up on, here it is. Load up!

The magical Bitcoin time machine only comes around once, twice, three times at most...

i love over 9000 meme

Some of us might start to feel this way about $9k

 

[toknormal]

There is one crypto that appears to be performing absolutely IMMENSLY in this crash.

That is UNO = Unobtanium.

I just noticed it's rallied massively against Bitcoin to maintain its dollar value and then some. It also has an asset class almost to itself - extremely rare crypto, goes back 4 years, low supply. Getting one's hands on even a few coins is almost impossible.

Gonna be very successful IMO given its performance in the last few days and if it even gets onto the bottom of page 1 it's in for a 400% gain. Shameless plug, I know but true all the same

[MinermanNC]

There is one crypto that appears to be performing absolutely IMMENSLY in this crash.

That is UNO = Unobtanium.

I just noticed it's rallied massively against Bitcoin to maintain its dollar value and then some. It also has an asset class almost to itself - extremely rare crypto, goes back 4 years, low supply. Getting one's hands on even a few coins is almost impossible.

Gonna be very successful IMO given its performance in the last few days and if it even gets onto the bottom of page 1 it's in for a 400% gain. Shameless plug, I know but true all the same

and how many thousands do you hold? lol  UNO

[Rosewater Foundation]

Ok fine. Just sold a bit now and then I'll go long with leverage once it dips more.
And if it doesn't dip anymore... well that's fine for me. Win-(half)win scenario.

Every time I sell it goes lower. Never thought I'd see the day.

[explorer]

Ahhh, excitement and loss...
Just had a fun phone conversation with an oldster who couldn't understand why the bitcoin didn't arrive at the (alt) exchange.  Much fucking around later, I find it was sent to a BCH address.  Said exchange explicitly warns against this   "but it doesn't apply to me, because I'm sending bitcoin"  wat?    'the address was different than the normal one I use, but I double checked, and it's what they gave me'

Fucking clone shit can't die soon enough.  Oldster makes astute trades, but can't seem to get the knack of transfers for some reason.  I've salvaged more than one jumble there, but not sure if this is going to end well. 

[Toxic2040]

Fuck it. 

I have set buy orders from $6400 to zero. 

First one just got triggered.  Let’s all go down together !

The Stairs of Doom approacheth.

HOW are we bleeding this bad??

Maybe this is the final fail. I still think it's going to bounce first.

Me too...dont know why but wouldnt be suprised at a hard bounce upwards. Maybe just wishful thinking on my part. I hope everyone was able to protect their nestegg. Whilst my fiat holdings have taken a significant downturn my crypto assets are increasing nicely.

I would like however, to point out someone is NOT with the program here...what is the meaning of this??




This...this lack of conformity..the out right just not fitting in with the crowd..this is unacceptable!

[Ibian]

There is one crypto that appears to be performing absolutely IMMENSLY in this crash.

That is UNO = Unobtanium.

I just noticed it's rallied massively against Bitcoin to maintain its dollar value and then some. It also has an asset class almost to itself - extremely rare crypto, goes back 4 years, low supply. Getting one's hands on even a few coins is almost impossible.

Gonna be very successful IMO given its performance in the last few days and if it even gets onto the bottom of page 1 it's in for a 400% gain. Shameless plug, I know but true all the same

It's not rare. Anyone can buy it.

[Elwar]

All I know is that I have enough in the bank to last until 2020. Then I buy islands.

Or build them...

 

[Rosewater Foundation]

Ahhh, excitement and loss...
Just had a fun phone conversation with an oldster who couldn't understand why the bitcoin didn't arrive at the (alt) exchange.  Much fucking around later, I find it was sent to a BCH address.  Said exchange explicitly warns against this  "but it doesn't apply to me, because I'm sending bitcoin"  wat?     'the address was different than the normal one I use, but I double checked, and it's what they gave me'

Fucking clone shit can't die soon enough.

I just thank fk no one I know was infected with my crypto enthusiasm in the last 4 months. I was probably extremely contagious.

[jimmy_007vn]

i don't know why the price keep dropping 

[gentlemand]

I just thank fk no one I know was infected with my crypto enthusiasm in the last 4 months. I was probably extremely contagious.

A pal of mine emailed me asking whether he should buy Ripple at $3.70. He's now on a tight leash.