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

[EatonABooger]

Don't let Jimbo wake up ....

tell him it's not time to get up.   He will not want to see this.

[LFC_Bitcoin]

Anybody who sells into a massive drop like this needs their head looking at. Why would you sell now?

[Lopumbo]

BUY THE BLOOD!

Nobodys buying  

[svdleer]

Are we done dumping yet?  even broke down 11K...tjeez

[Fatman3001]

Soooo...... anyone bought a boat lately?

[FractalUniverse]

so, the next decent support should be above 10k and alternatively ~8k.
but it can stop anywhere, this beast can still surprise everyone ;p

[EatonABooger]

I did my part.
bought till there is no fiat remaining.  all I can do now is watch.

[RayX12]

Soooo...... anyone bought a boat lately?

confirmed

[_javier_]

Anybody who sells into a massive drop like this needs their head looking at. Why would you sell now?

i havent sold at 18k or 19k.. why would i sell at 11k?? no way. They will not have my coins.

Party is only delayed.. see ya in a couple of months!!

[svdleer]

This wil take months to recover.

Almost looks like massive manipulation as you look to all the other coins.

[Torque]

Ok, we just hit the level from where this massive pump started on 12/5.

Let's see where it goes from here. Momentum will probably carry us a little lower.

Next support test is 9940.

[Paashaas]

Sub $10.000 inc

[bitserve]

This wil take months to recover.

THat's exactly what I thought when it dropped from $3000 to less than $2000 a few months ago.

[FractalUniverse]

Anybody who sells into a massive drop like this needs their head looking at. Why would you sell now?

one thing:
margin calls

maybe thats what is this drop all about. sharks harvesting coins from margined longs.

[milkshock100]

wow brutality.

[Lopumbo]

i havent sold at 18k or 19k.. why would i sell at 11k?? no way. They will not have my coins.

Who is "they" and why would anybody want your coins? Its like praying at a stone (bitcoin currently)
and telling everybody its worth more than the market decides, everybody who bought > 3000$ bought into a pump

[leowonderful]

Anybody who sells into a massive drop like this needs their head looking at. Why would you sell now?

one thing:
margin calls

maybe thats what is this drop all about. sharks harvesting coins from margined longs.

Exactly what I was thinking. Sub 10k looks very likely now, I can always afford to hold for months or years though. No biggie for me. I have never sold in the years I’ve been in BTC and I won’t now.

[svdleer]

I finnaly see some buy's on the orderbooks after watching only sells for 45 minutes

[willope]

I did my part.
bought till there is no fiat remaining.  all I can do now is watch.

ME 2

[Torque]

Hey, can we blame this on Coinbase and their whole BCash launch fiasco?

Yeah, let's do. Because we need a reason.