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Question: What happens first:
New ATH - 42 (71.2%)
<$60,000 - 17 (28.8%)
Total Voters: 59

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26355433 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. (174 posts by 3 users with 9 merit deleted.)
HairyMaclairy
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February 06, 2018, 05:04:57 AM

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

You don't think we can fall to $3.5k?
Not right now, but I think it could rally to 10K+ and then fall to 3.5K

Or it could go straight down to $2.5k.  It’s not shown much signs of bouncing since $8k and we have bad FUD on the way from equities markets in another 12 hours.

Edit:  or you could have gone to bed at $7300 and woken up to this.
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egyptian magician
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February 06, 2018, 05:05:36 AM

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

They realize that we're probably entering a bear market that could potentially last a couple years or more and want to take a small profit or cut their losses while they can.
Peter R
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February 06, 2018, 05:06:43 AM

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

You don't think we can fall to $3.5k?
Not right now, but I think it could rally to 10K+ and then fall to 3.5K

My feeling is that this is not a 2014 scenario and we're not heading into a long term bear market.  That said, I could see us hitting $3.5k but only briefly.  I believe we'll hit new ATH's sometime in 2018.  

I consider Bitcoin to be the sum of its forks (BCH + BTC + BTG + ...)
criptix
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February 06, 2018, 05:06:47 AM

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

They realize that we're probably entering a bear market that could potentially last a couple years or more and want to take a small profit or cut their losses while they can.


Only if tether explodes alongside with bitfinex.
megadeth
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February 06, 2018, 05:07:22 AM

gdax printed $59xx
bitserve
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February 06, 2018, 05:08:03 AM

Are you guys watching Bitstamp live? The second 500BTC buy wall is almost eaten too.
bitserve
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February 06, 2018, 05:08:25 AM

... And, it's gone!
Toxic2040
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February 06, 2018, 05:08:39 AM

6k broke..now we can get down to it.
LastJedi
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February 06, 2018, 05:09:35 AM

Are you guys watching Bitstamp live? The second 500BTC buy wall is almost eaten too.
Which is the best exchange to watch the ensuing carnage called the "dip!" ? Huh

I see $5k over night happening oh so easily now.
EtherCoin
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February 06, 2018, 05:11:05 AM

I wanna know whats going through the mind of someone selling here. Do they think this is their last chance of selling at 6K?

Probably cutting losses, mostly people that have not enough FIAT stashed to survive a long(er) bearish period, even being usually bullish and with some massive (for me) orders at 5,xxx range I feel a bit nervous about the current situation, this has gone down FAST without signs of resistance and this is what creates the dominant negative sentiment.

Eth.

EDIT: BUY orders, I meant.
Wolf Rainer
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February 06, 2018, 05:11:49 AM

About 1k BTC buy wall at $6k on finex.

There was a 500 BTC buy wall at 6100 on Bitstamp. It was dumped in just 3 minutes with big sell orders.
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February 06, 2018, 05:13:26 AM

Theres no way it could go to straight to 2.5K. That would be unprecedented magnitude and speed in the entire history of bitcoin. Look at the log chart and compare it to the history. We are already geared up for a 100%+ bounce
criptix
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February 06, 2018, 05:13:51 AM

I'm feeling like 8k is years away even though it was just 2 days 1 day.

We probaly gonna see a final sell off soon on this leg down.
rafanadal
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February 06, 2018, 05:15:32 AM
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I'm feeling like 8k is years away even though it was just 2 days.

We probaly gonna see a final sell off soon on this leg down.
8k was yesterday lol
17k was less than a month ago

 Cry Cry Cry Cry
EtherCoin
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February 06, 2018, 05:15:51 AM

I hope that's the bounce happening right now, I will shut up.

Eth.
bitserve
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February 06, 2018, 05:15:58 AM

... And BOOM!
TERA2
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February 06, 2018, 05:16:03 AM

damnit missed one of my orders by $10
rafanadal
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February 06, 2018, 05:17:11 AM

I hope that's the bounce happening right now, I will shut up.

Eth.

Oh come on, u know it's not
same thing happened at 7k
8k

etc
Bitcoinaire
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February 06, 2018, 05:17:32 AM

We're just 847 days until the next block reward halving.
BHSMC
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February 06, 2018, 05:17:57 AM

RIP BTC.
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