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

[BlindMayorBitcorn]

Well well well.

Just got back in town to see I finally got my buyable dip.

Time to go out again and buy some coin before it goes back up.

You better run.

[Torque]

Bought some @1679.99$ to ride rebound.
1730$ eventually, but tight stop order.

Didn't last long 

Ok it's running now ... let's see

You catch that falling knife dude 

[bitserve]

To buy or not to buy... That's the question.

I personally buy incrementally all along the dip; however, I also have additional questions regarding at what price points to inject greater buy amounts - in other words, what is a "buyable dip"

Maybe below $1620 and then in $100 increments downwards?

Yep, that's what I have been doing with little amounts. Almost all my last hour buys now in the green. Nice recovery

Let's see if it holds...

[BlindMayorBitcorn]

My most recent and final foray into altcoinlandia cost me .5 BTC on margin call. Who in their right mind thought ripple would go UP?!?! I'm pretty sure Polo has become self-aware and is just fucking with me.

You shorted an alt pump, you crazy nut bag? Guy on Dash got wiped out doing that. If you're going to short, wait for a blow-off top (like with Stellar, but there were practically no loans available then), or short the rebound after the dump. Generally I do much better going long (and not on margin). There's no end of fools to sell into thanks to fomo.

It was a moment of weakness. I got itchy. It won't happen again.

[BDO_44]

store of value eh

[bitserve]

store of value eh

It has no value now?

Do you even understand what store of value means?

[ft73]

Bought some @1679.99$ to ride rebound.
1730$ eventually, but tight stop order.

Didn't last long 

Ok it's running now ... let's see

You catch that falling knife dude 

1718$ .. meh

[CoinHoarder]

hahahahahahhaa

^ @ all of those that criticized me for selling BTC at the top a day ago.

What goes up must come down, right?

I've been around too long to know that extended uptrends only last so long.

[BlindMayorBitcorn]

hahahahahahhaa

^ @ all of those that criticized me for selling BTC at the top a day ago.

What goes up must come down, right?

Congrats.

[kurious]

hahahahahahhaa

^ @ all of those that criticized me for selling BTC at the top a day ago.

What goes up must come down, right?

I've been around too long to know that extended uptrends only last so long.

Have you bought back in yet - or are you waiting for lower? Just curious...

[ft73]

Triangle forming.
Looking at graph right now i'd say it should likely break under 1650$ within a few hours.
1620$ should hold short term, eventually.

Can't see much margin to the upside ( before further correction ), best case about 1750$ ?

[CoinHoarder]

Have you bought back in yet - or are you waiting for lower? Just curious...

Not yet. I am on the fence.

One one hand, I think this could be another bear trap on the way to $2000 to $2100ish, then the real correction will occur down to $1100 to $1500.

On the other hand, I think that now is the time for the correction down to $1100 to $1500.

I think I will sit on the sidelines for now, since both of my guesstimations lead to the price going down from their current levels eventually.

When the Winkelvoss' ETF is denied a second time on the 15th, then I think that will spark the real correction if it is not already in motion now.

[RayX12]

For those of you who hate Alts and want to crush them.. I found this utterly important:

https://twitter.com/dangermouse117/status/861992606292516864

ps do click on the info graphic and study it a bit.

edit:  Also here
http://woobull.com/

[BlindMayorBitcorn]

For those of you who hate Alts and want to crush them.. I found this utterly important:

https://twitter.com/dangermouse117/status/861992606292516864

ps do click on the info graphic and study it a bit.

Forker propaganda. I don't buy it. Big blocks can bite a wax tadpole as far as I'm concerned.

[r0ach]

Did we just witness the top of this in the last 30 seconds?

[r0ach]

For those of you who hate Alts and want to crush them.. I found this utterly important:

https://twitter.com/dangermouse117/status/861992606292516864

ps do click on the info graphic and study it a bit.

Forker propaganda. I don't buy it. Big blocks can bite a wax tadpole as far as I'm concerned.

He's 100% correct and I've explained it to you fools 500 times.  Bitcoin is a currency, not money.  It's value is entirely flow, not stock based.  This is why I'm 0% in bitcoin and 100% in Litecoin now.

[ft73]

Smaller triangle (on 15 Min.) to break within minutes.
Up or down ? I'd say 60% up, for a small bounce to 1720 - 1730$ area ... let's see.

[abercrombie]

https://twitter.com/Tcorp_/status/863132877784989696

"By the next 24hrs the whole fucking world will be under ransom and they will need out bitcoins. This is real life Sci-Fi and we live it!"

[Torque]

For those of you who hate Alts and want to crush them.. I found this utterly important:

https://twitter.com/dangermouse117/status/861992606292516864

ps do click on the info graphic and study it a bit.

Forker propaganda. I don't buy it. Big blocks can bite a wax tadpole as far as I'm concerned.

He's 100% correct and I've explained it to you fools 500 times.  Bitcoin is a currency, not money.  It's value is entirely flow, not stock based.  This is why I'm 0% in bitcoin and 100% in Litecoin now.

Biggest bunch of horse shit. Altcoins pumped because that was the whole bait-and-switch BS plan this year, nothing more.

And r0ach, ur an idiot. A guy that says Bitcoin is complete crap compared to PMs, and hates cryptocurrencies in general, but yet is now supposedly 100% all in Litecoin for.... what fkn reason?  

Again, 'cause ur an idiot, the reason why nobody here pays you any attention.

[ft73]

Smaller triangle (on 15 Min.) to break within minutes.
Up or down ? I'd say 60% up, for a small bounce to 1720 - 1730$ area ... let's see.

Infact it broke down.
Time for next leg down to 1650$ i guess.