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

[Bitcoines]

Has Gox Streaming API been down all day? Im having trouble connecting..

yes, same here

[1714787103]

1714787103

[1714787103]

1714787103

[simonk83]

Sorry to all I was not faithful on fulfilling my BTC to escrow. Had a major issue yesterday, where I'm currently at was hit with the biggest snowstorm in over 10+years on top of artic vortex temperatures...

Hello?

CoinBull's back?

What's all this about the worst blizzard in 10 years Coinbull?

CoinBull what do you have to say for yourself?

My coins froze???

Got ya. Crash is happening. wonder who started it
Doesn't matter about the escrow of course. Our honesty doesn't rely on an escrow. If by tomorrow at 07:02:14 PM (GMT +1) the price has touched $750 on GOX I will send you 1 BTC. I expect you to send me 1 BTC if this has not happened. This is all as agreed yesterday. Thanks.

I'll just quote your quote here for confirmation.  Wouldn't want that post disappearing in a snowstorm or something

[strawbs]

Someone just panic-market-sold c.200 coins on Gox to bring the price down to $900.  Who does that with such low volume?

[simonk83]

Someone just panic-market-sold c.200 coins on Gox to bring the price down to $900.  Who does that with such low volume?

Desperate people.

[damnek]

Someone just panic-market-sold c.200 coins on Gox to bring the price down to $900.  Who does that with such low volume?

I guess some people see it as a last resort to get a "decent" price. They forget that it's hard to get the money out.

[byronbb]

The alts all in step with Bitcoin on the way down.

[TERA]

People hodling all their money in btc are just like you and your 2-outer. Most people deny the risk or are unaware of it. It may be small, but it is there.

Obviously, but i knew the risks before i even decided to invest anything in it. Also people have different entry points. Personally most of my investments were when ltc was 2-4$, so i am able to sit pretty tight.

My mentality before investing in crypto was basically "I will forgive myself if it will collapse to 0, but i wont forgive myself if it skyrockets and i wont have any"

I used to think like that just a few months ago, but now as my wealth increases drastically on orders of magnitude, my perspective is changing, which is weakening my trading strategy. It used to be I had some chump change that I was reinvesting in hopes of making some serious money. At this point, I have the serious money, which I could use to live comfortably for many years. Now the decision is whether to reinvest the serious money in hopes of becoming rich and then it'll be reinvesting that money to become filthy rich, etc. However, bring filthy rich and owning a yacht, lambo, castle etc. Isn't very high in my list of core values. Its more important for me to have the money to live comfortably than to possibly be filthy rich. I would be very upset if I had all this money to live comfortably for many years and then I lost it all. So I am thinking of maybe withdrawing a half or a third of it so I can end this fear and start living life again without all this stress.

[favelle75]

Hodling is stupid right now. Nothing but negative news on the horizon from China. Why wait until the end of the month?

January 7th.....quoted for future reference.

[seleme]

People hodling all their money in btc are just like you and your 2-outer. Most people deny the risk or are unaware of it. It may be small, but it is there.

Obviously, but i knew the risks before i even decided to invest anything in it. Also people have different entry points. Personally most of my investments were when ltc was 2-4$, so i am able to sit pretty tight.

My mentality before investing in crypto was basically "I will forgive myself if it will collapse to 0, but i wont forgive myself if it skyrockets and i wont have any"

I used to think like that just a few months ago, but now as my wealth increases drastically on orders of magnitude, my perspective is changing, which is weakening my trading strategy. It used to be I had some chump change that I was reinvesting in hopes of making some serious money. At this point, I have the serious money, which I could use to live comfortably for many years. Now the decision is whether to reinvest the serious money in hopes of becoming rich and then it'll be reinvesting that money to become filthy rich, etc. However, bring filthy rich and owning a yacht, lambo, castle etc. Isn't very high in my list of core values. Its more important for me to have the money to live comfortably than to possibly be filthy rich. I would be very upset if I had all this money to live comfortably for many years and then I lost it all. So I am thinking of maybe withdrawing a half or a third of it so I can end this fear and start living life again without all this stress.

Yep, smart thinking really, I'm in c same boat, I could live 10 years, 5 very comfortable with what I made with Bitcoin and I could be set up for life if it would go to 3-4k.

But I would feel as shit if I'd lose what I own at this moment. So I am definitely actively searching for things to reinvest some of the money I made with Bitcoin. I have some local telecom company stock with around 8% of annual dividends in last few years in my sight or if I find some real estate in city center that I could buy.

I won't hurry though yet but if a good real estate opportunity comes I'm ready to send nice % of my Bitcoin money to it. But it has to be a really good location.

[bambou]

People hodling all their money in btc are just like you and your 2-outer. Most people deny the risk or are unaware of it. It may be small, but it is there.

Obviously, but i knew the risks before i even decided to invest anything in it. Also people have different entry points. Personally most of my investments were when ltc was 2-4$, so i am able to sit pretty tight.

My mentality before investing in crypto was basically "I will forgive myself if it will collapse to 0, but i wont forgive myself if it skyrockets and i wont have any"

I used to think like that just a few months ago, but now as my wealth increases drastically on orders of magnitude, my perspective is changing, which is weakening my trading strategy. It used to be I had some chump change that I was reinvesting in hopes of making some serious money. At this point, I have the serious money, which I could use to live comfortably for many years. Now the decision is whether to reinvest the serious money in hopes of becoming rich and then it'll be reinvesting that money to become filthy rich, etc. However, bring filthy rich and owning a yacht, lambo, castle etc. Isn't very high in my list of core values. Its more important for me to have the money to live comfortably than to possibly be filthy rich. I would be very upset if I had all this money to live comfortably for many years and then I lost it all. So I am thinking of maybe withdrawing a half or a third of it so I can end this fear and start living life again without all this stress.

Yep, smart thinking really, I'm in c same boat, I could live 10 years, 5 very comfortable with what I made with Bitcoin and I could be set up for life if it would go to 3-4k.

But I would feel as shit if I'd lose what I own at this moment. So I am definitely actively searching for things to reinvest some of the money I made with Bitcoin. I have some local telecom company stock with around 8% of annual dividends in last few years in my sight or if I find some real estate in city center that I could buy.

I won't hurry though yet but if a good real estate opportunity comes I'm ready to send nice % of my Bitcoin money to it. But it has to be a really good location.

uhhh cant wait to face such dilemma

[windjc]

As over bought as we were 40 hours ago, we are getting pretty close to over sold now. Unless this is the first leg of a large capitulation, I would expect a snapback soon.

But as always with bitcoin...we will see.

[ChartBuddy]

Explanation

[pbody]

Something huge happened that most have not noticed

? Care to share what it was ?  The China mining news?

[JorgeStolfi]

I was going to post that Huobi just touched 4600, but before I got a round tweet it was already 4500. But presumably the roller coaster will go on for months...

Edit: In the time it took me to write this post, it fell to 4300 4200 back to 4500 for now.

[600watt]

People hodling all their money in btc are just like you and your 2-outer. Most people deny the risk or are unaware of it. It may be small, but it is there.

Obviously, but i knew the risks before i even decided to invest anything in it. Also people have different entry points. Personally most of my investments were when ltc was 2-4$, so i am able to sit pretty tight.

My mentality before investing in crypto was basically "I will forgive myself if it will collapse to 0, but i wont forgive myself if it skyrockets and i wont have any"

I used to think like that just a few months ago, but now as my wealth increases drastically on orders of magnitude, my perspective is changing, which is weakening my trading strategy. It used to be I had some chump change that I was reinvesting in hopes of making some serious money. At this point, I have the serious money, which I could use to live comfortably for many years. Now the decision is whether to reinvest the serious money in hopes of becoming rich and then it'll be reinvesting that money to become filthy rich, etc. However, bring filthy rich and owning a yacht, lambo, castle etc. Isn't very high in my list of core values. Its more important for me to have the money to live comfortably than to possibly be filthy rich. I would be very upset if I had all this money to live comfortably for many years and then I lost it all. So I am thinking of maybe withdrawing a half or a third of it so I can end this fear and start living life again without all this stress.

i know exactly how you feel. and i´m sure there were people that thought the same and finally sold all they had when it reached 10 $ ...  
some of them took it ad found their peace with their decision, some are hounting the forums utterly bitter and in vengance mode.

i will hodl one or two orders of magnitude, before i switch and start getting out in little steps. (i almost took out the original investment. there is a tiny problem though: it was saved money that i had invested, but the money i took back out i didn´t save again but spent it... since there was this feeling that i had much more  )

[ImI]

Hodling is stupid right now. Nothing but negative news on the horizon from China. Why wait until the end of the month?

LOL! i remember you shithole! you were stating the EXACT SAME BULLSHIT back in July at Bitcoin prices around 70$. "why not sell at 70$ when you know that 50$ will be reached?"

The SAME WORDING! LOL! Except of course the China part. Go f---- yourself.

[Walsoraj]

Hodling is stupid right now. Nothing but negative news on the horizon from China. Why wait until the end of the month?

LOL! i remember you shithole! you were stating the EXACT SAME BULLSHIT back in July at Bitcoin prices around 70$. "why not sell at 70$ when you know that 50$ will be reached?"

The SAME WORDING! LOL! Except of course the China part. Go f---- yourself.

Check my posts. I was one of the few screaming BUY BUY BUY last summer.

[hyphymikey]

This "bull trap" started at Gox $700 and Stamp $650, so TheCoinBull's bet might be going his way here soon.

[windjc]

And just like that we are at the lower end of the upward trendline.

I guess the next week may tell us if the bulls or bears are going to win this thing for the short to intermediate term.

[windjc]

This "bull trap" started at Gox $700 and Stamp $650, so TheCoinBull's bet might be going his way here soon.

Yeah, too bad the troll doesn't actually own any bitcoins to bet with. He could have made about $7000.