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

[gentlemand]

Looking at Bitfinex I feel sorry for all those n00bs selling hundreds of bitcoins at this price. I understand that some will buy again if the bull run is resumed.

You think anyone selling now is a noob? They'll be hard core traders. And I doubt Bitfinex has many noobs any more. There are much more welcoming places for them.

[bitserve]

I am mostly sitting on my hands.

No selling, no buying either... except for some smallish scalping here and there. Just hodling it all. I don't see any clear signals... except the situation looks bearish. But at the same time I think we are near the bottom.

Knowing for the next couple of months it could either pump or dump violently at any moment. Sideways for the next two months would be bullish medium term though.

BLah, I just don't fucking know.

Probably will make some FIAT deposit (which I haven't since July'17) in the next days to be ready for XMAS/New year and use it if I see things clearer by then.

[virtual2018]

Erik Finman was introduced to bitcoin in 2012 by his older brother, who sent him 0.2 bitcoins just for him to get a feel of the cryptocurrency. Later on, his grandmother gave him a $1,000 gift for Easter. Then 15-year-old Erik decided to buy bitcoins with the money and, a year and a half later, he sold those bitcoins for $100,000 – an incredible return on investment (ROI)

Do not know how many people can do it like him 

[bitserve]

All commentators saying the same thing. This one is fully expecting capitulation level around $800=$1200.

https://www.youtube.com/watch?v=joj5zefl9d0



But I am one of those folks who sat through the 2014 bear and - as a previous poster remarked - my hide is made of concrete I already knew way back that a revisit to the $1000 level was possibly on the cards.

Yes.. not so difficult.  We can sit through a year or two below $2k. It will shake out the worst speculative element.

If that were to happen. For sure absolutely no weak hands would be left.

[mOgliE]

BLah, I just don't fucking know.

As everyone I'd say.

People saying they "know" right now are either liars or fucking magician.

Seems bearish that's for sure... But at such low prices we can get a +50% in a matter of hours.
Still i'm daytrading a bit. As long as you don't do it with too much of your balance I actually find it pretty rewarding.  

[xhomerx10]

So you're a double idiot congrats  

Who is this Legendary without a hat?

 I actually began working on a hat for m0gliE yesterday but I got waylaid by a night shift.  Trying to pick up where I left off but eyes closing, head nodding... need... sleep

[mOgliE]

So you're a double idiot congrats  

Who is this Legendary without a hat?

 I actually began working on a hat for m0gliE yesterday but I got waylaid by a night shift.  Trying to pick up where I left off but eyes closing, head nodding... need... sleep

Wahou? 

Well I'm pretty impatient now! Take your time though!
I'm honestly genuily excited about the incoming hat, feels like being part of a community 

[El duderino_]

I know I'm multi posting like a mother fucker but whatever I'm catching up this morning. Look at that hell up a dip we're having right now, $3,500 incoming. I wonder where we will hold at.

40k.....60k somewhere

[El duderino_]

So you're a double idiot congrats  

Who is this Legendary without a hat?

 I actually began working on a hat for m0gliE yesterday but I got waylaid by a night shift.  Trying to pick up where I left off but eyes closing, head nodding... need... sleep

Take a good sleep  XhomerX
Its well deserved

[QuestionAuthority]

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/

[Elwar]

fml

[empowering]

I know I'm multi posting like a mother fucker but whatever I'm catching up this morning. Look at that hell up a dip we're having right now, $3,500 incoming. I wonder where we will hold at.

If we continue on this trend channel, which I think there is a good chance we will then here are potential support zones imo

Should we retest the yearly low as I fully expected us to do , then should that not hold on this touch then I see

$2975 - 3200 weak support

$2800- $2900 stronger support

$2400 stronger support - $2200 even stronger support  (if $2800 breaks I half expect the mid  $2000s to melt like butter)

$1800 -$1900  some potential support (don't hold much hope for this holding if we test it, I suspect the fear will be too great)
`
$1500 (?) psychological support possible (I suppose not holding my breath)  

$1000- $1200 Very strong support (in theory, but the fear index would be breaking the dial)

$0-$750 - I am buying shitcoins for 1 satoshi


Not 100% convinced this is the real doom, could be just a tease run, but we are at a potential short term decision point here (next stop retest of that yearly low)   but still I don't think we have had all of the pain yet, even if we do have another brief (?) relief rally in the meantime....


(Volume - I want to see higher volume bounces, otherwise we are still in soggy bottom territory)

[lightfoot]

On the positive side I won't be paying much in taxes this year on the hoard. More like a little pile these days, ah well.

[bitserve]

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/

Opened it, read like the first few pages... didn't find any single piece of evidence or solid argument about anything. Stopped reading and erased it from my mind. No opinion.

[gentlemand]

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/

Opened it, read like the first few pages... didn't find any single piece of evidence or solid argument about anything. Stopped reading and erased it from my mind. No opinion.

I got Cortana to read it out loud while I touched myself.

[ivomm]

SV crap pumped by CW.  What a loser 

[bitserve]

SV crap pumped by CW.  What a loser 

Wow, that's a pump indeed.

[ssmc2]

All I know is I'm gonna start selling everything I own if we get down to $1k.

[gentlemand]

All I know is I'm gonna start selling everything I own if we get down to $1k.

Even your Rapecoin?

[empowering]

Im all flustered , my scythe is dusty, I have cum all over my black robes, my skeleton horse has put on weight...

I'm just not ready yet..