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

[babanana]

This is all Bitmain. The biggest whale. Can turn market wherever direction it wants to.

Feel the wrath of Bitmain!

Whale?  
According to their pre-IPO deck (has it been confirmed? proudhon??) they went from BTC36.877 in Dec to 22.082 in March. That's 3months or 90 days. That means they're burning through BTC164 per day ((36877-22082)/90) at this rate they'd have enough for 134 days (22.082/164)  that would last them till August 12th   thnx for playing

Its true bcash did not turn the way Bitmain wanted it but I would rather not underestimate the machinery of Bitmain.

They have asic miners on almost all coins, disclosed and covert. I can only imagine the control they have on the entire crypto space.

[mindrust]

Let's all hit the 'buy' button at exactly the same time, k? Short squeeze on 3.

And a 1... and a 2... and THREE! GO!

Let's all set buy orders at our chosen price point between $5,750 and $5,850, and let's all attempt to buy at least .25 BTC (alternatively attempt to buy at least .1BTC).  I am able to comply with the buying at least .25 BTC in that price range.  

If you can buy more, then GREAT, but buy as much as you feel comfortable, even if the amount happens to be less than .1BTC....

I suppose even .01BTC would help, too, if we all "chip in" together.  

My orders are set but even if we all "chip in", I don't think we have a chance to control any price action against TPTB.  I woulda thought that the surge from Turkey might have an impact on price but even that's not playing out very obviously.  

... that is saying that even if each of us could muster up at least .25BTC to chip in to a buy within "the bottom" range, it might not be enough, because maybe we could only muster up 1000BTC or something like that (that's assuming a wall of 4,000 WO fanatics).

On the other hand, I think that the more major problem is getting all of the 4,000 to agree to "buy at least .25BTC within the range."...

Mr.Bones I want off the ride....

If Bitcoin goes to 1k it will never recover. People are not buying. This is not good.

If Bitcoin goes to 1k I'll be loading up on Casascius coins.

Pessimism is rising around here.

We are back to February 6 prices. If this doesn't bounce back right now, then yes it will go down to $3k. If you haven't yet already, this might be the right time for you to...

PANIC

The next 24 hours are incredibly critical. Get ready to witness history.

[HairyMaclairy]

They have asic miners on almost all coins, disclosed and covert. I can only imagine the control they have on the entire crypto space.

Fuck em. History will show we broke Bitmain with UASF.  And we can do it again.  

We should all fire up our full nodes as a show of force.

[alevlaslo]

$100 000 to the end of 2018

[xhomerx10]

Article from Aug. 6th - https://ethereumworldnews.com/bitcoin-dominance-drops-significantly-further-worrying-btc-investors/
Karma's a bitch  

[BTCMILLIONAIRE]

Article from Aug. 6th - https://ethereumworldnews.com/bitcoin-dominance-drops-significantly-further-worrying-btc-investors/
Karma's a bitch  

Fuck off. Karma is the finest lady the world has ever seen. Karma is kween.

[DaRude]

They have asic miners on almost all coins, disclosed and covert. I can only imagine the control they have on the entire crypto space.

Fuck em. History will show we broke Bitmain with UASF.  And we can do it again.  

We should all fire up our full nodes as a show of force.

<------ Just take another look at my "Personal Text"

[Elwar]

I just had a chilling thought...

Have all previous ATHs dropped below their previous ATHs?

Did we go below $32 after $266?

[El duderino_]

Pffff 1.30h work out
Curious what the market gonna look like after iT 

[alevlaslo]

[mymenace]

I just had a chilling thought...
Have all previous ATHs dropped below their previous ATHs?
Did we go below $32 after $266?

My brain hurts, so old that news 

[Rosewater Foundation]

Geeze. Everybody seems real down about this. Maybe a shitty book will help?

[Elwar]

Geeze. Everybody seems real down about this. Maybe a shitty book will help?

Yes...perhaps I should start reading some Karl Marx and turn commie.

That's the philosophy to adopt when you're broke.

[Elwar]

I am seeing many shorts that need to be wrecked.

[LFC_Bitcoin]

Seems to be a lot of support around the high $5000 area. What could this be, a quadruple bottom

[Last of the V8s]

alts down 20%

btc down 6%

[JayJuanGee]

I just had a chilling thought...

Have all previous ATHs dropped below their previous ATHs?

Did we go below $32 after $266?

I don't believe that it is necessary for the price to go below the previous ATH - merely because it went below the previous ATH during late 2014 and early 2015.  It is not a pattern to go below the previous ATH - and in fact, as a general rule, after exponential growth period, the BTC price usually does not go as low as the previous ATH or break below it.

[HairyMaclairy]

[El duderino_]

Pffff 1.30h work out
Curious what the market gonna look like after iT 

Ok less finisht and see a big Ass pump from 6006 to 6068@CMC, Common BTC lol

[Last of the V8s]

https://twitter.com/CNBCFastMoney/status/1029126354250489856
Ghastly, but it turns out fuckable, Mehltem Demirors says it took 9 years for Amazon stock to recover.

-so please hold your ICO moneys until the tech matures