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

[Elwar]

Prediction:

BTC1 (Segwit2x) will be released Monday for the miners to test sending the bitcoin price back above $2300.

[becoin]

This is panic selling!

As usual, will be followed by panic buying!

[eiskalt]

There's a silver lining behind every cloud ....

[Micman--PLO]

What is going on...

Panic, people are confused.
And it will last until "Aug 1"

1888USD!

What kind off idiot is selling at this low Pricess !!!!!
Confused or not why selling after 600-700 drop

Don't be confused! Take advantage of the case and incrementally buy every 10% price drop!

Still i can not see How dumb peoples sell now ...... for me it don't need to go any lower , Just let the price explode allready thnx ⚡️☄️☄️☄️

GOODNIGHT SEE YOU @ 5-10-15-100000k wake me UP when we get there
☄️☄️☄️☄️☄️

[Ted E. Bare]

I am already panic buying lol.

[becoin]

There won't be enough bitcoins at this price for everyone that sold because some people accumulated more bitcoins during this sell off.

[rjclarke2000]

Not sold a bean and not planning to.

Who's with me? Who is strong enough?

[Elwar]

There won't be enough bitcoins at this price for everyone that sold because some people accumulated more bitcoins during this sell off.

You are just seeing a donation phase of n00bs that bought into the hype at a higher price now selling into the hype of a drop in price.

Thank you n00bs.

[Micman--PLO]

Not sold a bean and not planning to.

Who's with me? Who is strong enough?

Didn't sold a single coin Just BOUGHT few more my self not holding any other coins, should't i invest in something more? Or only btc all the way???

Don't and Will not sell !!!

[SvenBomvolen]

I am already panic buying lol.

Haha all the time while there are dumps who are panic selling there are wise ones who are turning it on in their future profit and buying. I'm on the side of those who doesn't react on the situation and just holding. That's the best strategy.

[bones261]

Not sold a bean and not planning to.

Who's with me? Who is strong enough?

I probably won't sell. However, since I have always been a minnow and only own like 1.8 BTC, me HODL my precious plaything isn't really going to help at all. Bitmain also still owes me about .40 BTC with a Pacmic contract. I wonder what coins I will actually be getting back come August 1st..Already writing that off. Thank god Hashnest doesn't allow US customer deposits anymore; so when I have a lapse of judgement, I'll have time to think twice before sinking anymore of my precious BTC into that pit. (US customers can still deposit but you have to use work arounds.)

[Lauda]

I think it is fair to say, looking back, that this may be of the biggest buying opportunities above $1k. Moon would be easily reachable if we didn't have malicious agents trying to centralize the system.

I am already panic buying lol.

I am calling a maximum potential low of $1500. However, I do not see a reason for which the price is dropping this sharply this weekend. If people were scared of August the 1st, dumping a few weeks ago made more sense (not 2 weeks before); not that there is something to be afraid of.

[gembitz]

   ~there is no fork**

[bones261]

In retrospect, when I made my entry in late 2014 on the crytocurrency scene, I should have just bought BTC and not screw around with cloud mining and altcoins. (AKA GHASH and XPY. etc etc) Perhaps I'll have an opportunity to do this the right way now that I'm more experienced and wiser. However, we're probably not going to see sub $1000 BTC again. <sigh> I'll have to pay a premium for my folly.

I am calling a maximum potential low of $1500. However, I do not see a reason for which the price is dropping this sharply this weekend. If people were scared of August the 1st, dumping a few weeks ago made more sense (not 2 weeks before); not that there is something to be afraid of.

I think it's starting to sink in with some people that FrankenSegwit may not come out with sound code; and with it's planned Hardfork, come November, it's just kicking the can down the road a little for another major forking threat.

[sirazimuth]

I'd say a lot of hodlers have opted to ride this out in fiat or maybe litecoin.
There will be a massive buy back in and spike  when dust settles. JMHO
Coinbase blog still silent. probably best strategy

[becoin]

Bitmain also still owes me about .40 BTC with a Pacmic contract. I wonder what coins I will actually be getting back come August 1st..

Good question. Most probably you'll end up with BUcoins.

[BlindMayorBitcorn]

In retrospect, even my hindsight is bad. Who waits years and years for an insane pump, gets one, and let's it slip away without taking profit? Hodling is a habit that's really hard to break. 

[becoin]

Hodling is a habit that's really hard to break. 

Why would anyone want to break a useful and profitable habit?

[fluidjax]

In retrospect, even my hindsight is bad. Who waits years and years for an insane pump, gets one, and let's it slip away without taking profit? Hodling is a habit that's really hard to break. 

Join my club .... but, but this time its different

[bones261]

Bitmain also still owes me about .40 BTC with a Pacmic contract. I wonder what coins I will actually be getting back come August 1st..

Good question. Most probably you'll end up with BUcoins.

I'm beginning to feel like Jack's mother. However, I don't think these beans will be magic, so I won't be getting a goose that lays golden eggs in the end.