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

[WhatsBitcoin]

http://medical-dictionary.thefreedictionary.com/Rabid+Fan+Syndrome

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[orpington]

Newbies shitting in his pants. Smart money accumulating. This is where the money forges. The zone. Do you see the difference?

wonder if anyone actually shat their pants due to bitcoin - lol

I pledge to shit my pants when BTC hits $100,000, and again at $1,000,000. And hopefully it won't be due to incontinence.

Shit hitting the pants beats shit hitting the fan anyday

[WhatsBitcoin]

Newbies shitting in his pants. Smart money accumulating. This is where the money forges. The zone. Do you see the difference?

wonder if anyone actually shat their pants due to bitcoin - lol

I pledge to shit my pants when BTC hits $100,000, and again at $1,000,000. And hopefully it won't be due to incontinence.

Shit hitting the pants beats shit hitting the fan anyday

[JayJuanGee]

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.

More cheap coins for everyone who recognizes, appreciates and acts upon the current price dynamics.

[gentlemand]

I pledge to shit my pants when BTC hits $100,000, and again at $1,000,000. And hopefully it won't be due to incontinence.

I'd be slinging my shit out of the window of my monster truck at all the plebs out there who were too risk averse to give BTC a whirl when it was on sale.

[brokedummy]

$2200 bottom, I heard it on https://megatilt.club/

I heard the same thing at the same place. small world.

[Elwar]

I had a nightmare that the price dropped to $300. The nightmare part wasn't that the price was so low, it's that I could not get to a computer to buy more as I watched the price shooting back up over $800 finally getting to a computer but I couldn't log in.

[Meuh6879]

Hold, Market and Supply.
We, Holder, protect the network (and people).

[bones261]

I had a nightmare that the price dropped to $300. The nightmare part wasn't that the price was so low, it's that I could not get to a computer to buy more as I watched the price shooting back up over $800 finally getting to a computer but I couldn't log in.

Maybe your subconscious is trying to tell you to set a ridiculously low bid, just in case of a flash crash. I'm sure the trader(s) who got ETH at 10 cents were pleased that they did that the other day.

[sn@tch]

I had a nightmare that the price dropped to $300. The nightmare part wasn't that the price was so low, it's that I could not get to a computer to buy more as I watched the price shooting back up over $800 finally getting to a computer but I couldn't log in.

you should take a time-out , we all have to sleep 2 years, after we will see: Crypto is in the Mainstream, Tesla-Cars runs with Blockchain-Tech

[r0ach]

Market is almost entirely controlled by one entity (Bitmain).  Whenever the price plummets to key resistance points, a single market rigger puts up a $2 million wall to try and block it from going lower.  Coincidence?  I'm just amazed people are trying so hard to prop up this bubble.  There was plenty of warning and time to sell, so it seems like the only people who would put forth so much effort to prop it up are the Chinese mining cartel.

[bitserve]

Market is almost entirely controlled by one entity (Bitmain).  Whenever the price plummets to key resistance points, a single market rigger puts up $2 million wall to try and block it from going lower.  Coincidence?

Mining is controlled mostly by one single entity, yes. Market? No. There are several individuals/groups with interests even bigger than Bitmain. In fact I am sure they not only support the market to avoid crashing but also dump a bit to avoid pumps overheating too much. They are on it for the very long term so its logical they do their best to try maintain a healthy grow. They also have the added benefit of profiting from that sell high buy low strategy.

No coincidence.

[drbrockcoin]

isn´t it ironic that bitcoin experiences heat from altcoins ("loosing" it´s "dominance") because of people trying to get more... bitcoins?

HAHAHA thanks yes good point there, I mean if I had to choose only one coin to have everything in then of course it would be Bitcoin. I just see altcoins mostly as a pump and dump scheme although im sure there are a few with valid real world application which is owrth having a long term stake in, but for me personally my priority is to get to 0.5btc, then 1,  then 5 etc

Totally true.
People trading altcoins mostly see this as a way to earn BTC
At least that's how I see it. My trades in altcoins are all from a BTC perspective.
Proof is that I measure how much I earn or lose in BTC. I never tell myself "I made a trade and earned 10 SC" or "I lost 3 dollars" but only think in BTC, and I bet I'm not the only one xD

No you're definitely not the only one. Most traders use altcoins to increase their BTC stash! That's what altcoins are mostly good for.
And of course some speculate to get rich quick with these tier3, tier4 coins due to extreme volatility and 20x price breakouts.
I don't know any serious trader or investor who is longterm interested (meaning holding) in altcoins! There may be a few. But I'm sure these guys are an exception and not the standard.

I still have a bad habit of thinking of profit and loss in GBP but overall what matters most to me is the amount of BTC I have for the long run

[JayJuanGee]

as long as 2K holds I don't really give a shit - haha

Yeah, but we are still in a bull market, even if prices go down to $1,200...

Sure, I prefer higher prices, but large corrections are possible, especially since we were solidly at or below $1200 only a bit more than 2 months ago....
 
I am thinking that there is too much bullish news and too much ongoing buying pressure to achieve such low prices (in the below $1500 arena), but we gotta prepare ourselves both psychologically and financially for such possibilities, even if they are on the low side, right?

[JayJuanGee]

Good morning Bitcoinland,

I see we've dipped hundreds of dollars. Good healthy correction. Ho hum.
Etc

Indeed, its a nice time to stock up on some more when the bottom hits (or at least where I think the bottom may be) - all markets are pretty volatile today, alt trading has been awesome

Absolutely, just keep buying no matter the price because it's a sure win because gubmint and compound interests.
Go Bitcoin Go!

Is that you Jimbo, logging in under another name?   

[orpington]

Market is almost entirely controlled by one entity (Bitmain).  Whenever the price plummets to key resistance points, a single market rigger puts up a $2 million wall to try and block it from going lower.  Coincidence?  I'm just amazed people are trying so hard to prop up this bubble.  There was plenty of warning and time to sell, so it seems like the only people who would put forth so much effort to prop it up are the Chinese mining cartel.

looks like that dastardly kim jung oon

[Dotto]

This room needs more NotLambChop

[jbreher]

Here have an excerpt from tomorrows newspaper:

27.06.2017

Fake news. Picture is photoshopped.

How do I know? That's my cousin from Boulder - Falling Bear.

He's too scared of heights to even get in a plane, let alone go skydiving.

In his defense, he only got this way after The Incident.

[bones261]

This Head and Shoulders chart looks like a scary ghost to me. Creeps me out.

[x2666]

But I thought $5,000 was a sure thing? Where are all the $20,000 BTC advocates?