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

[megashira1]

Interesting BTC is going down considering how bullish the current situation is. I take it most people are under this cloud of uncertainty propagated by the BTC elites regarding segwit2x. Goes to show how misinformed the general crypto populace is regarding present state of affairs. What do the masses believe? Whatever the fuck you tell them.

More cheap coins for them before we go exponential I guess.

[Dakustaking76]

Can someone explain Why this aint stopping?

[micalith]

Can someone explain Why this aint stopping?

All I can hope is that this is a blood in the streets final dump, which often marks the beginning of at new rise, or at least large bull trap respite

[r0ach]

unhappy hodler. I hate this freefall shit

I'm running through the house looking under every couch cushion praying:  holy shit, I hope there's not any bitcoin under here I forgot to dump.

[BlackFlag]

test of the uptrend:

[gentlemand]

Can someone explain Why this aint stopping?

Panic begets more panic. All it takes is a handful of people to get the ball rolling.

Is Bitcoin any worse than it was yesterday? Nope. It also isn't any better than it was when it was under $1000.

[promomei]

I love how the group of manipulators doing this with crypto world -
Pure people 

[r0ach]

I love how the group of manipulators doing this with crypto world -
Pure people  

Don't say the r0ach report didn't warn you.  When there's no upside left in anything, it's time to take the elevator down:

http://steemit.com/cryptocurrency/@r0achtheunsavory/the-r0ach-report-15-the-current-cryptocurrency-dotcom-bubble-will-it-play-crysis

[SaintFlow]

Sitting here and I am shivering. I swear i did not intend to destroy several billion of market cap with my stupid bear joke!

[blade87]

The low volume made the market feel exhausted to me. Bull sitting comfortably, but a lack of new buyers. And if ETH doesn't hold $300, it's going to start a domino effect and it will get very ugly in the altcoin market.

For once I was spot on.

Unfortunately such a collapse is (and even obviously) effecting Bitcoin negatively too.

[becoin]

Don't say the r0ach report didn't warn you.

r0ach reports are warning us since bitcoin was $400.

[BlindMayorBitcorn]

Sitting here and I am shivering. I swear i did not intend to destroy several billion of market cap with my stupid bear joke!

Think about what you've done!

[r0ach]

Don't say the r0ach report didn't warn you.

r0ach reports are warning us since bitcoin was $400.

I haven't really commented on bitcoin price forecast lately.  My last real bitcoin price comment was this and that it was a buy then:

https://steemit.com/money/@r0achtheunsavory/bitcoin-market-in-one-picture-without-commentary



I've spent a lot of time studying Chinese traders.  They're pretty damn easy to predict.  It's kind of like the real world:  high efficiency, no originality.  They will also set money on fire for no reason solely to try and trick people even when it serves no purpose whatsoever because their moves will be too obvious to fool anyone.  They still go through the motions anyway as if they're reading from a checklist titled "how to scam people".

[HI-TEC99]

Can someone explain Why this aint stopping?

Panic begets more panic. All it takes is a handful of people to get the ball rolling.

Is Bitcoin any worse than it was yesterday? Nope. It also isn't any better than it was when it was under $1000.

It dipped down to $2000 a few weeks ago through panic selling, and a week later it was back up to $2800. The panic sellers from a few weeks ago must have regretted it, and today's panic sellers will probably regret it.

[promomei]

I love how the group of manipulators doing this with crypto world -
Pure people  

Don't say the r0ach report didn't warn you.  When there's no upside left in anything, it's time to take the elevator down:

http://steemit.com/cryptocurrency/@r0achtheunsavory/the-r0ach-report-15-the-current-cryptocurrency-dotcom-bubble-will-it-play-crysis

good article r0ach

[ImI]

Can someone explain Why this aint stopping?

[BlindMayorBitcorn]

They want us all in sliver and litecoin and Hitler moustaches. Don't let 'em see you sweat.

[gentlemand]

It dipped down to $2000 a few weeks ago through panic selling, and a week later it was back up to $2800. The panic sellers from a few weeks ago must have regretted it, and today's panic sellers will probably regret it.

There's no particular rhyme or reason to any of it. I wouldn't want to be in the mind of someone heavily shorted or longed at present. I assume there's not much going on in there other than screeching.

[r0ach]

They want us all in sliver

The seasonal market of metals means late June to early July is usually the low/best buy in point of the year, then it turns bull market right at the start of August.  That Cliff High guy claimed silver would explode in August due to his web bot nonsense powers, but I coulda told you it would probably rise in August just because that's it's historical nature.  The banks know they have to cover shorts before it gets to that point, and there's been an enormous amount of open interest, so it probably will explode upward in the near future.

[e-coinomist]

Can someone explain Why this aint stopping?

Start of bubble: March, somewhere 900 bucks

But once we go back there investor's disappointment will never recover again, as it did in the Gox aftermath. This will just break Bitcoin's neck.
ETH will have to continue the story, developping the technology further.