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

[Last of the V8s]

when you muck about with 2000 coins

[1632357644]

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[BinaryReign]

Spell it out for me damnit

I don’t know.  Just shorting right now is probable suicide.  Rally to $6k?  I have NFI.  I’m staying out.  

lol I’lol take that

[marcus_of_augustus]

sooooooooooooooo ..............






























who sold at the bottom?

[bitmover]

From 3400 to 4100 in the same day!

That's the BTC I know

[bitserve]

Spell it out for me damnit

I don’t know.  Just shorting right now is probable suicide.  Rally to $6k?  Break upwards of $6k?  I have NFI.  I’m staying out.  

TERA said something about "huge high volume drops":

Except that advice is terrible and not how bitcoin works at all. You want to buy bitcoin on huge high volume drops. If it's still dropping slowly on low volume that means you're still on that ramp in like a roller coaster on its peak and the real drop has not even begun yet. It takes volume to turn it back around and start a rally again - volume that you will get down on your knees and pray for.  Get ready to 'just by the frogging dip' on days with volume levels well over 100K which probably correspond to movements around 30% or so.

[gentlemand]

TERA said something about "huge high volume drops":

The poor bugger seems to be proven right each time but is roundly abused for it until he disappears again. Still an annoying poster.

[realr0ach]

Sub 4k again

 

Right as Trollgoossens starts doing laps around the yard celebrating the first no volume dead cat bounce.

[encycrypto]

From 3400 to 4100 in the same day!

That's the BTC I know

Imagine buying at current prices

[LFC_Bitcoin]

TERA said something about "huge high volume drops":

The poor bugger seems to be right each time but is roundly abused for it until he disappears again. Still an annoying poster.

I’ll apologise to him/her when he/she returns. I was a bit rude, mocking his/her predictions which turned out to be close to what transpired.

[bitserve]

TERA said something about "huge high volume drops":

The poor bugger seems to be right each time but is roundly abused for it until he disappears again. Still an annoying poster.

I’ll apologise to him/her when he/she returns. I was a bit rude, mocking his/her predictions which turned out to be close to what transpired.

Fine, sign here:

[Last of the V8s]

Hang on with those apologies.

https://data.bitcoinity.org/markets/volume/7d?c=e&r=day&t=b

[Syke]

that would really be something...... who would show up ?

BOB might be a nice host for such an event, and @ 100k coins it is an all happy crowd i guess

Whatever happened to the $1000 party?

[realr0ach]

Someone try to convince me otherwise that this is not what we are witnessing:

The fact there's no buying volume on any of the drops, or right now when it looks like it's starting to level out (because everyone knows Bitmain will attempt to rig it up above their cost of production), means most of the retail buyers of shitcoins were already all-in at $6500 and had no capability or desire to buy more...which is the entire reason it dropped in the first place.

So who buys at $4000?  The shitcoiners mentioned above who were maxed out going and getting credit cards?  I guess you could claim "someone who sold at $20k".  But if they buy, who are they supposed to dump it on if their prime demographic is already maxed out as mentioned.  

Is everyone sitting around literally waiting for new people to be born to try and induct them into the Ponzi?  Is the answer to start a war so that demographics who refused to buy shitcoins will be killed off and replaced with new demographics willing to buy into the Ponzi?  How does this situation resolve itself? lol.

[Last of the V8s]

that would really be something...... who would show up ?

BOB might be a nice host for such an event, and @ 100k coins it is an all happy crowd i guess

Whatever happened to the $1000 party?

Gox

[goldkingcoiner]

Roach at $3k



Roach at $5k



Roach at $10k

please one roach @NEW ATH

??

People like roach only learn by pain. So you send these people to live in Africa for a few months and BAM! New decent person with a realistic view on reality!

[naturerock]

Someone try to convince me otherwise that this is not what we are witnessing:

The fact there's no buying volume on any of the drops, or right now when it looks like it's starting to level out (because everyone knows Bitmain will attempt to rig it up above their cost of production), means most of the retail buyers of shitcoins were already all-in at $6500 and had no capability or desire to buy more...which is the entire reason it dropped in the first place.

So who buys at $4000?  The shitcoiners mentioned above who were maxed out going and getting credit cards?  How does this situation resolve itself? lol.

It's an odd situation, I feel there are a lot of people that are just trying to break even at this point and any pump will be met with a barrage of sellers.

[realr0ach]

Trollgoossens claimed he was willing to buy some more shitcoins.  At what price are you willing to buy more shitcoins to keep this Ponzi going, Trollgoossens?  We need a market barometer.

[QuestionAuthority]

Roach at $3k



Roach at $5k



Roach at $10k



Roach at new ATH

Done

[BinaryReign]

TERA said something about "huge high volume drops":

The poor bugger seems to be right each time but is roundly abused for it until he disappears again. Still an annoying poster.

I’ll apologise to him/her when he/she returns. I was a bit rude, mocking his/her predictions which turned out to be close to what transpired.

Fine, sign here:

Wow, that’s hilarious! That was around when I was on vacation, so surely I won’t need to sign lol  

[goldkingcoiner]

don't noose the goose.