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

[Cconvert2G36]

I think we are going lower. Crytpo is complete dead right now..... all crypto is a sewer of scammers and thieves. Price of everything is being completely destroyed. Start of 2014 market cap for all cryptos was 10 times what it is now and just getting worse......

I am thinking of liquidating, just feels like we are 10 years away.

Same.

Yes, let the despair flow through you. It will get worse before it gets better, do it like a bandaid.

12k before 1xx finex coins... maybe 8k after the fake ones melt.

Barry, his cap, and rabbit, better do something this week.

[Sitarow]

[medialab101]

Meanwhile shorts up to 32K on Bitfi and no increase in longs over the past few weeks.

[BlindMayorBitcorn]

I think we are going lower. Crytpo is complete dead right now..... all crypto is a sewer of scammers and thieves. Price of everything is being completely destroyed. Start of 2014 market cap for all cryptos was 10 times what it is now and just getting worse......

I am thinking of liquidating, just feels like we are 10 years away.

Same.

Yes, let the despair flow through you. It will get worse before it gets better, do it like a bandaid.

12k before 1xx finex coins... maybe 8k after the fake ones melt.

Barry, his cap, and rabbit, better do something this week.

I'm almost sure you're right...

[Cconvert2G36]

I'm almost sure you're right...

Never trust internet anons.

[BlindMayorBitcorn]

I'm almost sure you're right...

Never trust internet anons.

Here's something: it's a woman!!

http://fortune.com/2015/04/24/women-in-bitcoin/

[Cconvert2G36]

Blythe Masters... goddess of doom.

11.7k to 200 finex

[ChartBuddy]

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Explanation

[Sitarow]

[Chef Ramsay]

Massive support at 218-200, good time to buy if you still got fiat.. Also a Grexit is getting more and more likely, if this will happen it would be a big boost for Bitcoin.

Do you really reckon that's going to happen? I think the EU leaders will do everything in their power to avoid than scenario. Also, even Greece doesn't really want to get out of the Euro zone. Even if they left, they can't just decide to break off of the world economy. It they don't do their best to get their economy back on track, they'll be getting themselves into serious trouble, I guess...

If even a small percentage of Greeks' wealth or whatever is left of it is converted to bitcoin, then that will be noted quite well in a march upwards in price. They aren't going to buy off the grid but on exchange.
This could be an epic front run.

[ChartBuddy]

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Explanation

[ChartBuddy]

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Explanation

[DaRude]

Blythe Masters... goddess of doom.

11.7k to 200 finex

and 12k to 265 finex....

[sAt0sHiFanClub]

Massive support at 218-200, good time to buy if you still got fiat.. Also a Grexit is getting more and more likely, if this will happen it would be a big boost for Bitcoin.

Do you really reckon that's going to happen? I think the EU leaders will do everything in their power to avoid than scenario. Also, even Greece doesn't really want to get out of the Euro zone. Even if they left, they can't just decide to break off of the world economy. It they don't do their best to get their economy back on track, they'll be getting themselves into serious trouble, I guess...

If even a small percentage of Greeks' wealth or whatever is left of it is converted to bitcoin, then that will be noted quite well in a march upwards in price. They aren't going to buy off the grid but on exchange.
This could be an epic front run.

And again I ask, with what are they buying bitcoin with? Feta? tzadziki? goats?  I mean, is there even a GOAT/BTC rate?

Greeks are flat broke. They will do whatever the ones with the money tell them to do.

[darlidada]

cant you guys see we are making lowers highs and higher lows ? we are 100% going sub 200. every good trader knows that. what we dont know is when.

[DaRude]

cant you guys see we are making lowers highs and higher lows ? we are 100% going sub 200. every good trader knows that. what we dont know is when.

Then you need to leverage short more, about 12.6k more just on Finex

[greenlion]

cant you guys see we are making lowers highs and higher lows ? we are 100% going sub 200. every good trader knows that. what we dont know is when.

No they don't, because a symmetrical triangle can lead to either a continuation or a reversal. Ironically the "when" part is way more knowable than the direction when it breaks!

[ChartBuddy]

Coin
Explanation

[itod]

Massive support at 218-200, good time to buy if you still got fiat.. Also a Grexit is getting more and more likely, if this will happen it would be a big boost for Bitcoin.

Do you really reckon that's going to happen? I think the EU leaders will do everything in their power to avoid than scenario. Also, even Greece doesn't really want to get out of the Euro zone. Even if they left, they can't just decide to break off of the world economy. It they don't do their best to get their economy back on track, they'll be getting themselves into serious trouble, I guess...

Of course nothing similar will happen. The most probable outcome if (and that's a big if) Greece decides to exit the Eurozone is to reinstate their own currency "drachma" which they can control 100% and can't be blackmailed for it like they get now for EUR. In case that happens rich greeks will buy Euros as a reserve currency, not Bitcoins. Whenever you see someone is talking about Greece defaulting being good for BTC price you may skip the rest of the writings, only thing you'll miss is the trolling.

[ChartBuddy]

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Explanation