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

[gembitz]

I just wanted to let you all know, that I'm secure enough with myself to admit, that I have absolutely no idea what is going on with Bitcorn prices.

What a ride though. Crazy wild swings.

I can't imagine the financial carnage Bitcorn has caused people trying to play the markets.

isnt this what we signed up for? the wild ride?

i mean who wants to be bored.

Volatility is my friend. Every round of priceDownUp puts another bit of BTC and BCH in my pocket. As long as the long term trend remains up (long term as in 4-year cycle), I am a happy camper.

BCH is doomed weeeeeel!  = bcash game over

[jojo69]

oh man

I'm not sure this thumbnail is ever going to grow straight again

[Searing]

The price of BTC last year at this date of 8/14/17 was $4,145.44 on https://www.worldcoinindex.com/coin/bitcoin listing.

Just an example of just how complete a 'bubble' the price was and a caution of what it still might go down to (bottom) before any recovery.

(On the other hand August of any year, always seems to suck)

brad

[yefi]

$100 000 to the end of 2018

We'll be lucky. If the price were following that trajectory, we should have bottomed by now and be rising.

Personally, I see support breaking like Batman's back and us being thrown into The Pit.

[LFC_Bitcoin]

$6000 seems to be holding a little too falsely to me. Got to be manipulation holding us arund this range, no?
The price fell all too easily from $8500 to $5800 but recovered to above $6000 (just about) but we’re holding here by literally $5 - $100, why?

My conspiracy driven mind tells me we’re being played by whales who are still accumulating at these prices before we begin the next bull run.

It just seems so artificial clinging onto $6000 for dear life & not showing any sogns of crashing significantly below it or pulling away & going up.

Bigger forces at play here, this is not just ‘the market’.

[kromer]

$6000 seems to be holding a little too falsely to me. Got to be manipulation holding us arund this range, no?
The price fell all too easily from $8500 to $5800 but recovered to above $6000 (just about) but we’re holding here by literally $5 - $100, why?

My conspiracy driven mind tells me we’re being played by whales who are still accumulating at these prices before we begin the next bull run.

It just seems so artificial clinging onto $6000 for dear life & not showing any sogns of crashing significantly below it or pulling away & going up.

Bigger forces at play here, this is not just ‘the market’.

This is my opinion, and has always been. The game is rigged and the only winning move is to not play, ie. HODL.

Bitcoin will become [a/the] major global currency, and everyone knows it (especially the haters).

[BTCHadzija]

the good thing about these eth prices doe is that those scam bots on twitter aren't asking for eth anymore

[jojo69]

uhhhhhh

[Icygreen]

Do our overlords need more blood?

BTC teetering at 6k, ETH @ 250 and LTC @ 50  Such round numbers Such an ambiguous place to make decisions but I'm sure "the market" will move away from whatever the majority choose.  HODL = down, SODL = up, BTFD = moar down

All the coins have been slammed down to the previous liftoff points to just before the majority of Joe public got involved late last year.  
Pretty much anyone who bought and held November onward is underwater.    So maybe it is done?  A hodler does not care because they understand  fundamentals.    I feel sorry for those that came simply to chase dollars and I hope an education is left in the place of those dollars.

[jbreher]

Well, we haven't seed hide nor hair of jbreher or PeterR or any of the other bcash pumpers in recent days to attempt to defend bcash shenanigans

Meh. I'm merely somewhat behind the head of the thread. Traveling, with not much time to stay abreast.

Disappointed re: the drop in BTC value. Though I've been buying, so I have more net BTC.

Even more disappointed re: the drop in BCH value. Though I've been buying, so I have more net BCH.

For the foreseeable future, I have sufficient personal liquidity, so I can wait for the inevitable sky-high valuation.

IOW: Bitcoin user hodler not affected.

[goldkingcoiner]

uhhhhhh

WTF is that real? source?Please say this is a joke.

[becoin]

For the foreseeable future, I have sufficient personal liquidity, so I can wait for the inevitable sky-high valuation.

Forget about Bitmain Cash high valuations!

[Last of the V8s]

[El duderino_]

just lucky to be a hodler with not to much of shitcoins in my bag

life still the same ....-playing poker as today (only very short session by to much  headbanging complaining ......)
                              -still going on many dinner evenings
                              - still saturday evening dinner and BOOZe
                              -^with sunday sober up day , and premier league football and greasy food
                              -still weekly going to the movie's as seeing many serie's and movie's @ home
                              -still every day (6of 7) work out.....
                              -still reading WO threat
                               -........
                               -........
                               -And so on ......................

All of my routines still the same THATS HOW HODLERS ROLL     keep on hodling keeping the patience keep leading the same hodling life

only when possible buying DIPS and getting that personal BTC nr UP 

[Aveatrex]

Kinda impressive that Bitcoin is tanking way more than Altcoins;I'm directly referring to ETH (LOL) ICO investors are butthurt for real.

[serveria.com]

Is the last move somehow connected to that Turkish crisis thing?

https://www.theguardian.com/business/live/2018/aug/13/turkey-financial-crisis-contagion-fears-hit-markets-as-central-bank-takes-action-business-live

[El duderino_]

why aren't those crazy turkish not buying BTC like crazy peoples?? are they all high on something ?

[Asrael999]

why aren't those crazy turkish not buying BTC like crazy peoples?? are they all high on something ?

Who would take Turkish Lira for a good solid store of value like BTC?

[El duderino_]

why aren't those crazy turkish not buying BTC like crazy peoples?? are they all high on something ?

Who would take Turkish Lira for a good solid store of value like BTC?

i would not for sure 

[criptix]

Uh is ETH dead?

Can anyone get Vitalik on the line?