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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 26354889 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.)
Bitcoinaire
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February 06, 2018, 05:45:00 AM

Have we hit despair or is it yet to come?
1713150703
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1713150703
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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February 06, 2018, 05:47:03 AM

Have we hit despair or is it yet to come?

I have not seen a single media report that Bitcoin is dead.
TERA2
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Deb Rah Von Doom


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February 06, 2018, 05:48:25 AM

its funny when bitcoin was at 20K I always see these ads on the sidebar of 'wisdom saying 'DONT BUY BITCOIN'. I guess it was right for once.
Toxic2040
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February 06, 2018, 05:53:08 AM

yeehaw
RoomBot
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February 06, 2018, 05:54:04 AM


$6000 bottom.

UP WE GO!
jojo69
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February 06, 2018, 05:55:26 AM

nope

just more stairstep down
Bitcoinaire
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February 06, 2018, 05:56:51 AM

Have we hit despair or is it yet to come?

I have not seen a single media report that Bitcoin is dead.

Nouriel has been flappin' his gums lately.

https://twitter.com/Nouriel/status/960743853748883456

 Nouriel Roubini‏

As expected Bitcoin now crashes below $6000. Now the $5K handle is reached.  And the US Congressional Hearing on Crypto-Scams is still a day away.  HODL nuts will hold their melting Bitcoins all the way down to ZERO while scammers and whales dump and run...
TERA2
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Deb Rah Von Doom


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February 06, 2018, 06:01:09 AM
Merited by El duderino_ (1), criptix (1)



Look at the volume. Look at it.
RoomBot
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February 06, 2018, 06:03:11 AM

nope

just more stairstep down



$6300 ATM

Today BTC took a 23% hit

BCash lost 26.35% value

ETH dropped 28.34%

and LTC lost 24.21% value

Wall Street lost 1000 points

Peter R
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February 06, 2018, 06:03:19 AM

Look at the volume. Look at it.

It looks pitiful.  But is that your point?
TERA2
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Deb Rah Von Doom


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February 06, 2018, 06:05:35 AM
Merited by criptix (1)

Look at the volume. Look at it.

It looks pitiful.  But is that your point?
Beacuse it's eclipsing everything else in the chart?
zazzbg
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February 06, 2018, 06:06:15 AM

EtherCoin
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February 06, 2018, 06:06:43 AM

Have we hit despair or is it yet to come?

I have not seen a single media report that Bitcoin is dead.

Nouriel has been flappin' his gums lately.

https://twitter.com/Nouriel/status/960743853748883456

 Nouriel Roubini‏

As expected Bitcoin now crashes below $6000. Now the $5K handle is reached.  And the US Congressional Hearing on Crypto-Scams is still a day away.  HODL nuts will hold their melting Bitcoins all the way down to ZERO while scammers and whales dump and run...


Isn't this the guy that keeps saying that bitcoin is dead since $100?

Eth.
Peter R
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February 06, 2018, 06:07:52 AM

Look at the volume. Look at it.

It looks pitiful.  But is that your point?
Beacuse it's eclipsing everything else in the chart?

I dunno.  Doesn't look like that much volume:

somac.
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Never selling


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February 06, 2018, 06:09:24 AM

Look at the volume. Look at it.

It looks pitiful.  But is that your point?
Beacuse it's eclipsing everything else in the chart?

So bearish? bullish?
EtherCoin
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February 06, 2018, 06:09:59 AM

Look at the volume. Look at it.

It looks pitiful.  But is that your point?
Beacuse it's eclipsing everything else in the chart?

I dunno.  Doesn't look like that much volume:



I think that he means the volume needed to keep the downwards movement has had to increase, therefore meeting more (hopefully organic) resistance.

Eth.
HairyMaclairy
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February 06, 2018, 06:13:20 AM

Look at the volume. Look at it.

You cannot sum the sell volume and the buy volume.  Of course the macro red candles are huge.  

You have to look at the micro green candles after the first bounce. They die away and then the price turns down again.

By the way, I think this is a very healthy discussion that we are having. I have already modified my trading in light of your feedback to acknowledge the possibility of a large bounce. 
FractalUniverse
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February 06, 2018, 06:17:29 AM

good bitcoin party hangover morning. Cheesy

Got filled on my massive {relatively} buy order of 0.14BTC overnight.
+im still keeping some ammunition for new lows, in case this tethers pump continues during the week.
Dakustaking76
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February 06, 2018, 06:22:23 AM

There is No buy pressure???
Why arent we going up...... Huh


Stil hodling Grin
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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February 06, 2018, 06:26:46 AM

The floor is in. A certain family member just sold, the poor bastard.
Could be.  Had someone I know swallow a 50% loss and leave.  The problem of course is they aren’t coming back any time soon so where the fresh money will come from?


Fuck them.  It's called weak hand, because it appears that they failed or refused to plan for down. 

Of course, this down is a bit much, but if we buy during a pump, we have to expect that the pump could reverse.

We will see them back in about 2-5 years, perhaps, and maybe even less when they are buying when the price goes between $25k and $50k..
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