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

[Dump3er]

Following our logcharts from 2013 we should be a bit higher in price, not?  

Long time since it was posted last time.

everything is still fine!

This chart is not the 2013 log chart! This chart was called the bear-troll baseline chart in 2013! The chart for delusional, trollish beartards!  

[Gyrsur]

Following our logcharts from 2013 we should be a bit higher in price, not?  

Long time since it was posted last time.

everything is still fine!



 

[poncho32]

Following our logcharts from 2013 we should be a bit higher in price, not?  

Long time since it was posted last time.

everything is still fine!

This chart is not the 2013 log chart! This chart was called the bear-troll baseline chart in 2013! The chart for delusional, trollish beartards!  

What's the price got to drop down to before we should start panicking?

[heartastack]

Terrible gif. Who wastes their time making those. Impressive skills but wow what a sick waste of talent.

As for moderation... Ever been to the altcoin threads? There are thousands of troll wars and everyone is reporting everyone all the time. Moderation is overwhelmed and unfortunately you need mods active 24/7. I don't see any evidence of that.

[AceWallen]

What's the price got to drop down to before we should start panicking?

start panicking as in, you're looking to panic sell long after price already dropped off a cliff? sell the bottom perhaps? best to sell into strength when the market is bullish, not wait to sell the capitulation.

[pjviitas]

Following our logcharts from 2013 we should be a bit higher in price, not?  

Long time since it was posted last time.

everything is still fine!

This chart is not the 2013 log chart! This chart was called the bear-troll baseline chart in 2013! The chart for delusional, trollish beartards!  

What's the price got to drop down to before we should start panicking?

Never panic...only speculate...or you will lose money.

[Wary]

Terrible gif. Who wastes their time making those. Impressive skills but wow what a sick waste of talent.

As for moderation... Ever been to the altcoin threads? There are thousands of troll wars and everyone is reporting everyone all the time. Moderation is overwhelmed and unfortunately you need mods active 24/7. I don't see any evidence of that.

Perhaps it's the most valuable contribution of altcoins to the cryptocoins movement: they distract most of the sh*t from bitcoin. All cranks, trolls and scammers leave bitcoin to go there. 

[Xiaoxiao]

Who would have thought that it is tanking around sub 280? This looks worse at sub 280 than sub 400 months before.

[yefi]

yes it must be the nsa !

CODE RED, CODE RED.

Our cover has been broken. All agents initiate emergency self-destruct. 

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[poncho32]

Who would have thought that it is tanking around sub 280? This looks worse at sub 280 than sub 400 months before.

I wouldn't describe it as tanking, more like going boringly sideways.

[Chainsaw]

Following our logcharts from 2013 we should be a bit higher in price, not?  

Long time since it was posted last time.

everything is still fine!

I was intrigued, I set up the same chart. There is a lower touch point. Connect the $2.22 on the logarithmic weekly.
Connect the bottom at 5/27/12.
This allows for the logarithmic bottom, today, to be around $149 without the trendline being broken.

[Gyrsur]

Following our logcharts from 2013 we should be a bit higher in price, not?  

Long time since it was posted last time.

everything is still fine!

I was intrigued, I set up the same chart. There is a lower touch point. Connect the $2.22 on the logarithmic weekly.
Connect the bottom at 5/27/12.
This allows for the logarithmic bottom, today, to be around $149 without the trendline being broken.

what do you talking about? my chart is accurate. even if you take the linear scala it is not lower than $215.




EDIT: the log chart is connected with the low of the week of 5/28/12 at 4.904 as I mentioned before. this chart is accurate.

[JayJuanGee]

Does anyone expect price to rise soon? I told my church that bitcoin was misunderstood by the media and that it's actually the best form of money ever created, because it's for the people and not controlled by greedy bankers. The pastor agreed that Christ himself would have approved and they invested a small fortune. But he's getting worried now, because the price keeps going down. What should we do?

Even bitchick has a sock puppet account... hahahahahahaha

despair

Maybe?

There are a lot of us who continue to hodl and buy, yet there are a lot of us who are beginning to take desperate measures, too because we did NOT expect the downtrend to last so long or to continue so deeply.

[JayJuanGee]

I really believe we won't see a drastic bull run until the etf is approved. It's going to keep going down until then. There will be another time when it starts and uptrend, but everyone is waiting for the news on the etf. It's a big development for Bitcoin, there's no doubting that. If it fails, we're in for a rough road.

This seems too simplistic to assert that "everything is waiting for the news on the ETF"   There is more to bitcoin rather than whether an ETF is approved or NOT.

[mmitech]

Does anyone expect price to rise soon? I told my church that bitcoin was misunderstood by the media and that it's actually the best form of money ever created, because it's for the people and not controlled by greedy bankers. The pastor agreed that Christ himself would have approved and they invested a small fortune. But he's getting worried now, because the price keeps going down. What should we do?

Even bitchick has a sock puppet account... hahahahahahaha

despair

Maybe?

There are a lot of us who continue to hodl and buy, yet there are a lot of us who are beginning to take desperate measures, too because we did NOT expect the downtrend to last so long or to continue so deeply.

Surprise!

http://static.viralands.com/posts/f221/image-fRRF8lcQ.gif

"We did not expect the downtrend to last so long or to continue so deeply"  

[diabLEEca]

Following our logcharts from 2013 we should be a bit higher in price, not?  

Long time since it was posted last time.

everything is still fine!

I was intrigued, I set up the same chart. There is a lower touch point. Connect the $2.22 on the logarithmic weekly.
Connect the bottom at 5/27/12.
This allows for the logarithmic bottom, today, to be around $149 without the trendline being broken.

Pics or it didn't happen.  
I've actually tried it myself - interestingly, it is possible to draw a slightly lower line on the 3d view with May 29, 2012 (and the 2.22$ point) but it doesn't let me go back so far as May 27 on the daily view. You must have some unbelieveable screen resolution there or you're using a different chart.

The original line drawn on the weekly view and the one on the 3d view (logarythmic scale):


Close-up at the current situation with those two lines (linear scale) - notice there would be some place exactly for another ~255 bottom with the lower line as support:

[JayJuanGee]

Does anyone expect price to rise soon? I told my church that bitcoin was misunderstood by the media and that it's actually the best form of money ever created, because it's for the people and not controlled by greedy bankers. The pastor agreed that Christ himself would have approved and they invested a small fortune. But he's getting worried now, because the price keeps going down. What should we do?

Even bitchick has a sock puppet account... hahahahahahaha

despair

Maybe?

There are a lot of us who continue to hodl and buy, yet there are a lot of us who are beginning to take desperate measures, too because we did NOT expect the downtrend to last so long or to continue so deeply.

Surprise!

I am NOT sure whether "surprise" is the right word for it because each of us has our own mixture of sentiments, rationalizations and preparations.  Nonetheless, there is some element of "surprise" that seems to describe my own sentiment regarding the current state of affairs with BTC's price....

[BlindMayorBitcorn]

Does anyone expect price to rise soon? I told my church that bitcoin was misunderstood by the media and that it's actually the best form of money ever created, because it's for the people and not controlled by greedy bankers. The pastor agreed that Christ himself would have approved and they invested a small fortune. But he's getting worried now, because the price keeps going down. What should we do?

Even bitchick has a sock puppet account... hahahahahahaha

despair

Maybe?

There are a lot of us who continue to hodl and buy, yet there are a lot of us who are beginning to take desperate measures, too because we did NOT expect the downtrend to last so long or to continue so deeply.

Surprise!

I am NOT sure whether "surprise" is the right word for it because each of us has our own mixture of sentiments, rationalizations and preparations.  Nonetheless, there is some element of "surprise" that seems to describe my own sentiment regarding the current state of affairs with BTC's price....

Yes. Quite.

*adjusts monocle*

[JayJuanGee]

Does anyone expect price to rise soon? I told my church that bitcoin was misunderstood by the media and that it's actually the best form of money ever created, because it's for the people and not controlled by greedy bankers. The pastor agreed that Christ himself would have approved and they invested a small fortune. But he's getting worried now, because the price keeps going down. What should we do?

Even bitchick has a sock puppet account... hahahahahahaha

despair

Maybe?

There are a lot of us who continue to hodl and buy, yet there are a lot of us who are beginning to take desperate measures, too because we did NOT expect the downtrend to last so long or to continue so deeply.

Surprise!

http://static.viralands.com/posts/f221/image-fRRF8lcQ.gif

"We did not expect the downtrend to last so long or to continue so deeply"  

Yes, of course the soothsayer, aka MMITECH, did know because s/he/it is such a smart and all-knowing idiot.

By the way, Mmitech, weren't you going away from this thread? 

Oh, I forgot, we are NOT going to be so lucky because you want to stay around and continue to say: "I told you so" at any opportunity that presents itself.