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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26965180 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
FractalUniverse
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December 22, 2017, 02:18:31 PM

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
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December 22, 2017, 02:19:20 PM

I did my part.
bought till there is no fiat remaining.  all I can do now is watch.
RayX12
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December 22, 2017, 02:19:37 PM


Soooo...... anyone bought a boat lately?
confirmed
_javier_
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Still a manic miner


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December 22, 2017, 02:19:53 PM

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
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December 22, 2017, 02:20:05 PM

This wil take months to recover.

Almost looks like massive manipulation as you look to all the other coins.
Torque
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December 22, 2017, 02:20:47 PM

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
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December 22, 2017, 02:20:52 PM

Sub $10.000 inc
bitserve
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December 22, 2017, 02:21:29 PM

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
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December 22, 2017, 02:22:45 PM

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
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December 22, 2017, 02:23:14 PM

wow brutality.
Lopumbo
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December 22, 2017, 02:23:45 PM

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
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Bitcoin FTW!


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December 22, 2017, 02:23:55 PM

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
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December 22, 2017, 02:24:35 PM

I finnaly see some buy's on the orderbooks after watching only sells for 45 minutes
willope
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December 22, 2017, 02:25:35 PM

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

ME 2
Torque
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December 22, 2017, 02:25:53 PM

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

Yeah, let's do. Because we need a reason.  Grin
svdleer
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December 22, 2017, 02:26:33 PM

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

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

Ofcourse thats the reason. No doubt about that.
Torque
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December 22, 2017, 02:28:04 PM

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

Not true. Wallstreet wants cheaper coins for Bitcoin Futures market control as well as for the 2-4 Bitcoin ETFs coming online next year. And the Goldman-Sachs bitcoin trading desk. They need more supply.

Believe it.

EDIT: And heeeeere comes the bounce!
Paashaas
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December 22, 2017, 02:30:39 PM

I cant buy atm, my local Bitcoin broker is sold out...lol

Bitstamp is my saviour  Tongue
RejectedBanana
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December 22, 2017, 02:30:59 PM

I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days. Enough of this tortuous creeping down and half-assed attempts at recovery. This shit is barely showing up on the weekly candles. Just be done with it, so we can resume our journey out of the solar system as we hitch a ride with Voyager to the next one.

Even more than this, I really want to see BeeCrash explode on the launchpad and slam into the ground; for the love of God and all that is holy, I'm not a religious person by any means, but I'll become one if that's what it takes to please let it drop below $1000. Tonight. Please. Pray with me brethren. And if there might just be a whale-brother who might still be holding it, dump it like a load of bad spicy Mexican food, full eye-watering evacuation. Don't even bother flushing. Just leave it for the next guy to share in mutual disgust.

Amen.


NOW we're talking!

We've fallen below last week's candle, but still have a little ways to go before touching bottom of the fortnight before. One more weekly candle to breach and we'll start to seriously flirt with $10,000 again. Yes that was only a couple weeks ago, peeps.

Bitcoin is still gearing up for mass adoption and this was but a taste of the public's hunger for it. Everybody on the inside knows Bitcoin isn't ready for primetime yet, but it will be. Oh yes, it will be. Honey badger just found a whole nest of larvae and ate her fill but even she needs time to digest. She just popped a squat to make room before returning for more tasty defenseless larvae. Yum yum.

I'm so happy to see BeeCrash below $2000. Only a little more to go before it breaches $1000.  Oh WTF, before I can even post this, my observation has not aged well! BURN BCH BURN!!

tonyq
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December 22, 2017, 02:35:02 PM

This is all going to end in tears.

And 15 days later it looks like I'm going to be right.
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