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

[JayJuanGee]

I wish we'd just crash below $6,500, to rip the bandage off and cause some real pain. This fucking around Bitcorn is doing, is starting to piss me off. She's all over the place last few weeks...

Calm down Bob, if BTC recovers and starts to climb perfect and if it has to go down, no problem, we will buy more, I know that this scenario does not solve your situation, but let the laggards accumulate a little more satoshis.

hahahahaha.... Reminds me of this scene in Airport.  Sorry I could not find a better resolution.

[1580249192]

1580249192

[Raja_MBZ]

Meanwhile, in sh!tcoin world:

[Hueristic]

JFC JJG!!!

How do you expect me to reply to this if for *each* of my lines you post several paragraphs and all with intermixed quotes to further complicate any followup?!


Anyway it would be ungrateful on my part to not recognise your effort and good intention... Also for the most part, I do agree with the whole essence of what you posted there... which is a LOT! lol

[jojo69]

never even heard of "matic"

so glad

[LFC_Bitcoin]

never even heard of "matic"

so glad

[Wekkel]

Matic, never heard of it. The price seems to have pumped lately.

Their Matic is only worth what it was a month ago....

That’s better than most of the projects I know 

[Biodom]

I am curious as to what is the price level (low or high) where 70-90% of WO sell the majority of their stake.
It would be an interesting topic to ascertain if people would be truthful in their answers.

The most drawdown in a large cap stock I had ever seen was AMZN from intraday high $113 on Dec 6, 1999 to $5.67 on Sept 24, 2001, almost exactly 95% decline in approx 22 mo.

We already had this kind of decline after the first "bubblette" in 2011, but from a purely theoretical perspective, it would be (in the current cycle) from 20089 on Dec 17, 2017 (using yahoo historical data) to about $1010 sometime in the next 5-6mo (timing is already off).
I know that these are crazy numbers, so I don't even want to give a probability of such event.
In all likelihood the modified planB "box" at the halving between 3k and 18K should hold true.

My last buy was about $7100, so above are just theoretical musings.

[Raja_MBZ]

MATIC was launched by Binance's launchpad and has throughout remained one of CZ's favorite projects (according to CZ's tweets about it). It really feels like it was a coordinated dump by the MATIC's Indian team and Binance (don't forget that Binance even offers margin trading on MATIC, which made a few people super-rekt overnight).

$MATIC holders basically became 1% poorer every 15 seconds for 30+ mins in a row

All within a single hour:

[Biodom]

Real Matic (soccer player) should sue, lol.

[JayJuanGee]

Probably more fair to start measuring BTC price or value from 2012, if not a bit later.. but hey.. we can assess that there was some liquidity and price finding abilities that were starting to occur in 2010 and 2011

I think rational price discovery started early as late August or September 2010

What were the exchanges?  GOX?  Sure was hard to send any money to GOX in 2010... but hey, late 2010 is way the hell more reasonable for a starting point than anytime in 2009 - especially January 2009.   

[xhomerx10]

Massive discount incoming. The final capitulation. 800 dollar down candle, maybe more.
Blood sweat toil tears pain grief piss poo vom, you name it.
Then we head up to forever.

Feed me cheap coins. Waiting for sub $7,000 & then I’m going to make a whale move & buy another 0.1BTC.
This market will feel the tremors of my massive buy

[Hueristic]

MATIC was launched by Binance's launchpad and has throughout remained one of CZ's favorite projects (according to CZ's tweets about it). It really feels like it was a coordinated dump by the MATIC's Indian team and Binance (don't forget that Binance even offers margin trading on MATIC, which made a few people super-rekt overnight).

$MATIC holders basically became 1% poorer every 15 seconds for 30+ mins in a row

All within a single hour:

You should change your tagline to "MATIC didn't Dump itself!" Just for shits and grins.

[Indymoney]

Real Matic (soccer player) should sue, lol.

He has to sue as his name is used for this shit coin now many peoples going for suicide and bankcrupt.

[P_Shep]

MATIC was launched by Binance's launchpad and has throughout remained one of CZ's favorite projects (according to CZ's tweets about it). It really feels like it was a coordinated dump by the MATIC's Indian team and Binance (don't forget that Binance even offers margin trading on MATIC, which made a few people super-rekt overnight).

$MATIC holders basically became 1% poorer every 15 seconds for 30+ mins in a row

That is unnaturally linear!

[jojo69]

totally organic

[El duderino_]

[Hueristic]

^^^--- Was a good episode.

[Raja_MBZ]

~snip~

You should change your tagline to "MATIC didn't Dump itself!" Just for shits and grins.

Sounds good mate.

...

Done!

[Hueristic]

~snip~

You should change your tagline to "MATIC didn't Dump itself!" Just for shits and grins.

Sounds good mate.

...

Done!

IOU +sM

[El duderino_]

https://twitter.com/BTCarchitect/status/1204497761472786439?s=20

Which road will we follow  Or something completely different?