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

[CoinDox]

Are we really going up?

Maybe right now is the best time to sell for a few days...

Or should I buy some more...

I'm completely disoriented right now..

To be honest, I am seeing a constant sell pressure into the new wave of buyers. Imo, it is the whales who loaded low, taking profits the only way a large position ever can...

What I am looking for, is the direction the market goes once they are done meeting their targets...

[1714858090]

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[1714858090]

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[OldGeek]

I'm long-term bullish.  But I trade the swings, so not too concerned with predicting a top or bottom.  The market decides which way it goes and I can't affect that.

[aminorex]

watching this ping pong match, i'm thinking "food fight!"

[nanobrain]

why is money flowing into DOGE?  how did it even get onto the exchanges?

it's like people are treating it as a real cryptocurrency - wow.

someone was trying to shill it to me yesterday here...told em I was a cat kinda girl, which completely threw them.

These sorts of flash in the pan coins are a good argument for regulation...they make crypto seem like Pokemon.

[Richy_T]

why is money flowing into DOGE?  how did it even get onto the exchanges?

it's like people are treating it as a real cryptocurrency - wow.

I've had a few people at work ask me about altcoins. I think they feel they missed the Bitcoin train and are casting about for something similar to make money fast. I usually just roll up a newspaper and hit them with it until I feel better.

[Adrian-x]

  is what I thought when I saw cavirtex has 21 people employed verifying new accounts. Then I remembered the dead cat bounce.

[jojo69]

such amaze

currency much

edit/ also nan, really liked your post in the open message thread

[aminorex]

someone was trying to shill it to me yesterday here...told em I was a cat kinda girl, which completely threw them.

These sorts of flash in the pan coins are a good argument for regulation...they make crypto seem like Pokemon.

there are no good arguments for regulation, merely bad arguments in a good suit.

[Richy_T]

When uncertain. .. do nothing.

Or go 50/50 which leaves options open.

But whatever you do, make a plan and stick with it.

[muyuu]

why is money flowing into DOGE?  how did it even get onto the exchanges?

it's like people are treating it as a real cryptocurrency - wow.

I've had a few people at work ask me about altcoins. I think they feel they missed the Bitcoin train and are casting about for something similar to make money fast. I usually just roll up a newspaper and hit them with it until I feel better.

It's a good way to get them into the crypto train.

Once they've understood a number of things and the potential, they'd be trading for the reference crypto, Bitcoin, as the scrypt-coins battle it out for the power of the butthurt late GPU miners.

[nanobrain]

I'm long-term bullish.  But I trade the swings, so not too concerned with predicting a top or bottom.  The market decides which way it goes and I can't affect that.

[Richy_T]

why is money flowing into DOGE?  how did it even get onto the exchanges?

it's like people are treating it as a real cryptocurrency - wow.

someone was trying to shill it to me yesterday here...told em I was a cat kinda girl, which completely threw them.

These sorts of flash in the pan coins are a good argument for regulation...they make crypto seem like Pokemon.

They are a shitty argument for regulation. Regulation is why we need Bitcoin so badly.

And where can I buy some of these cat-coins?

[ChrisML]

Wait for it

[Richy_T]

And where can I buy some of these cat-coins?

Oh, never mind...

https://bitcointalk.org/index.php?topic=205666.0

[beetcoin]

i really have no idea what's going to happen long-term. this recent crash should be sobering to some people, as bitcoin could be forever relegated to a black market asset/currency.

[OldGeek]

Damn nan.  I didn't know I had the web cam on.   

[nanobrain]

someone was trying to shill it to me yesterday here...told em I was a cat kinda girl, which completely threw them.

These sorts of flash in the pan coins are a good argument for regulation...they make crypto seem like Pokemon.

there are no good arguments for regulation, merely bad arguments in a good suit.

Hhhhmmm....well, I think regulation is going to happen one way or the other.  
I think it would be great if the 'community' comprised that regulation rather than it being imposed externally.

Coming from Australia I can say that, like the old joke "put two welshmen in a room and they form a choir", if you put two Aussies together the first thing they do is set up a regulatory framework.

[mmitech]

good morning forum members, so it looks that we are going up

[jojo69]

[seleme]

Damn nan.  I didn't know I had the web cam on.   

You might want to check your system for viruses