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

[ImI]

BTCChina shutting down on Sep 30?

https://twitter.com/YourBTCC/status/908285586368167936

Oh shit 

I fail to see why this is bad. It is confirmed. They will not trade anymore there. Move on.

This is actually good news! /s

I don't understand. Why is it good news that BTCC will stop all trading?

[ghandi]

BTCChina shutting down on Sep 30?

https://twitter.com/YourBTCC/status/908285586368167936

Oh shit 

I fail to see why this is bad. It is confirmed. They will not trade anymore there. Move on.

This is actually good news! /s

For real Bitcoiners this is awesome. For average joe who bought Bitcoin @ $4000 in the hope of reaching $5000 this ist catastrophical. Who guarantees him, is -insert favorite exchange- isn't following next month?

[mastrox92]

BTCChina at 19K RMB now, which is less than USD3K. 

if BTC hit 3k again!!!!!!!!

[ghandi]

I wouldn't be surprised. I wouldn't even be surprised to buy in at $200 once more.

This run seems to be over. The latest China news are the final shot. Back to Bearmarket...and let's hope we don't have to wait again 3 years for the next run

[Spaceman_Spiff_Original]

The lack of fear here makes me think this has further to go down.  I am still operating under the assumption that we will see another upleg after this, but the sentiment is starting to make me doubt.  But maybe this forum is too "specialized" to get an accurate reading of the sentiment of the new money.

EDIT: ^ thanks ghandi for the above post giving me some hope 

[El duderino_]

So When 🚀🚀🚀🚀🚀 are we Going back

[gentlemand]

I wouldn't be surprised. I wouldn't even be surprised to buy in at $200 once more.

This run seems to be over. The latest China news are the final shot. Back to Bearmarket...and let's hope we don't have to wait again 3 years for the next run

Death is now walking with you. Accept it and put your affairs in order.

I wonder why the PBOC prick teased their people. They could've done an orderly shutdown instead of reopening them earlier this year.

[sirazimuth]

                                 

[Lauda]

OP should update the poll into 'Where will the bottom be in September'?.

[1982dre]

One month ago we were all cheering at this price.  

[RayX12]

Wall street view of Jamie Dimon! 

https://www.youtube.com/watch?v=kKqsX3adPhQ

I have been following Gregory Mannarino for over a year.  Very smart and always right!

I am buying more BTC tonight when cash arrives... very Bullish.

[Mrpumperitis]

china btcchina is closing down!!! 
BTCChina Exchange will stop all trading on 09/30

After carefully considering the announcement published by Chinese regulators on 09/04, BTCChina Exchange will stop all trading on 09/30.

https://twitter.com/YourBTCC/status/908285586368167936

[podyx]

God damn fools, I told you china would shut down exchanges, why else would they panic?

[slowlyslowly]

The lack of fear here makes me think this has further to go down.  I am still operating under the assumption that we will see another upleg after this, but the sentiment is starting to make me doubt.  But maybe this forum is too "specialized" to get an accurate reading of the sentiment of the new money.

EDIT: ^ thanks ghandi for the above post giving me some hope 

yes it is very hard to guess but I would say most on this thread have got their bitcoin for an average of less than $1000.  So it dropping several thousand of a $5000 high will not effect them in the least as they are longterm slow buyers then hodl. So they do not reflect those newbies who rushed in as it went above say $3000 for a quick buck. Those people need to sell up and get again asap or they are going to talk a huge bath.

[leowonderful]

Seems like this isn't even the beginning of the long-awaited correction. I sure welcome cheap coins, though, weeks of going up have left little opportunity for a good buy time! I'm thinking the bottom could be in the low 3000s to 2500 as a worst case scenario.

[El duderino_]

So after all No fake news ...fud This time
After one week 🚀🚀🚀

[bitcoinvest]

so it is matter of time until we go to 2500€

EDIT: who listened to me some posts behind when i gave the information about 100-200$ down can feel free to tip

[oda.krell]

"Back to $200! Bear market any minute now!" ... "It's just a flesh wound! 10k by the end of the year!"

How about: the market is testing the downside after huge gains were made during the past months. And "continuation or reversal?" will be largely determined by how this test proceeds? (e.g. support will or will not be found at a level which suggests the larger bullish trend remains intact)

[El duderino_]

So didn't buy coins yesterday GOOD.... what would't be a good bottom to buy more in...??

[leowonderful]

So didn't buy coins yesterday GOOD.... what would't be a good bottom to buy more in...??

We're bound to go below $3000 and possibly further which would be the time that I'm definitely going to buy in. We've been net positive for the last few months and I'm still in the green even if price goes down to $1000 which isn't very likely. We're still up in terms of the entire year, so not too worried here.

BTCC at $2500 is just people trying to get money out but that price could be here very soon... just waiting for that to happen.