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

[TheCactus]

Next year at this time

Theymos just finished saying the absolute bottom is around $700...

You think you can turn this behemoth around in one year??

[kaeltr]

Daily RSI according to bitcoinwisdom is 12.38. Below 30 and with a high of 21.66 for the last 12 days.

Buy now or wait for 3200 forever.

[Hueristic]

Next year at this time

Theymos just finished saying the absolute bottom is around $700...

You think you can turn this behemoth around in one year??

It won't be me, the Moneymen steering the ship now can't wait longer than that to profit.

If we hit $700 I'll sell everything including my skivvies and be all in and eating ramen and garbage.

[HI-TEC99]

Can’t believe this, there’s no real reason for this kind of dumping. Down nearly 40% in a month. At this rate I just don’t know how low we can go.

This is really hard watching your investment turn to shit.

I’m not selling though.

This is obviously the PTB flexing their muscles and making a move. HoneyBadger doesn't care.

Next year at this time it will be all strippers and lines again. for those smart enough to still be here.

CoinDesk is saying it's the worst weekly loss since April 2013. However, 8 or 9 months later that year Bitcoin hit a new ATH. You never know what HoneyBadger will do. We might be buying lambos for Xmas presents next year.


https://www.coindesk.com/down-36-bitcoin-price-faces-worst-weekly-loss-since-april-2013

[BitBustah]

Looks like a lot of greed in this thread, people waiting to buy in for absurdly low prices that will never be touched again.

[TheCactus]

I'm saying my goodbyes. Give me a minute...

[bones261]

Doesn't Bitmain mine at 0.05/kwh?  Or possibly even lower with some type of govt subsidized power?  I've never seen anyone claim Bitmain mines with electricity that high.  If Bitmain was mining at 0.08/kwh, then you would have actual mining in the US, and places like KNC wouldn't have gone under.  This would be a great Trump Tariff target...

It is a Trump tarrif target. People now have to pay an additional 25% tarrif on ASICS from Bitmain in the US.

[nutildah]

Reading this thread right now is like watching Statler and Waldorf narrate the apocalypse.



Glad to be here.

[ninobtcx]

The bottom will be somewhere around 10x BCH price

1.6k is to be expected.

I won't completely rule anything out, but I suspect that we'll never drop below $2k. While we're likely to touch $3k, I think that anything below $3k is upwardly-unstable.

In the absence of some underlying catastrophe, the absolute floor IMO is $700, which is where we were 1.5 years ago. But many of the gains since then were real & fundamental.

Who to trust most regarding price speculation?

I think I’ll go with theymos tbh!

Haha indeed.

Sound analisys by theymos.

[Last of the V8s]

Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.

[vapourminer]

don't you people have jobs to go to?

Who works on a Sunday?

lotta people in medical work every other weekend.

[jojo69]

Reading this thread right now is like watching Statler and Waldorf narrate the apocalypse.



Glad to be here.

"It's like a kind of torture...to have to watch this show"

[TheCactus]

Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.

If we crash fast enough I might be back. Otherwise, I wish you the best in your many undertakings.

[El duderino_]

via Imgflip Meme Generator

via Imgflip Meme Generator

HOPIUM when i’m @ another Hodler place as my own
Love those set ups
My friend doesn’t worried a bit so i’m fine
As always

[wayna]

I was looking about an Italian trader on youtube and he was talking about 2 alert zones (1 week ago)

1st 3000-3800$, if this range will be broken he thinks
2nd 1145$

Do you really think it can go so low?

I won't completely rule anything out, but I suspect that we'll never drop below $2k. While we're likely to touch $3k, I think that anything below $3k is upwardly-unstable.

In the absence of some underlying catastrophe, the absolute floor IMO is $700, which is where we were 1.5 years ago. But many of the gains since then were real & fundamental.

Practically, this means we will have another dip before returning to something around 4.5k.

Remember guys that at 2017 fall the price pumped up. Something will happen and we already had 4 dumps so far

[Last of the V8s]

Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.

If we crash fast enough I might be back. Otherwise, I wish you the best in your many undertakings.

Nuts

[TheCactus]

Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.

If we crash fast enough I might be back. Otherwise, I wish you the best in your many undertakings.

Nuts

I'm not trying to be smug. I'm not mentally equipped to lose everything. You must see that

[Last of the V8s]

stfu kaeltr^

Don't leave us, TheBrigadier, your misunderstandings of theymos' words are our only lols.

If we crash fast enough I might be back. Otherwise, I wish you the best in your many undertakings.

Nuts

I'm not trying to be smug. I'm not mentally equipped to lose everything. You must see that

No no I'm sad, is all. I kinda see it and I kinda believe you this time. But I don't get it.

[LFC_Bitcoin]

Going to wait until Wednesday before I buy again, I want to see how the market reacts early in the week.

[becoin]

SV Cash is the only shitcoin that is pumped during recent bitcoin sell off. CSW is parting with his bitcoins and that is good news!