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

[mr angry]

I'm confused. Everyone on this thread is supposedly so bullish that they are always 100% btc and never sell a single coin, and also that they dont trust any exchanges to hold their coins or fiat. However, then whenever the dip occurs they say they 'bought the dip' and profited tremendously - meaning they would have had to have sold for fiat and been on an exchange first. So which is it?

Jimbo only buys from bitcoin ATMs with money he earned. Thats how he buys the dips without selling for fiat and being on an exchange.

Good morning Bitcoinland.

I see I finally got my buying opportunity... currently $13252USD/$17019CAD (Bitcoinaverage).

It's a bloodbath all across cryptoland with Bitcoin suffering significantly less than most. As a result old coins are down to $15841USD/$20313CAD (Coinmarketcap).

Unfortunately my usual local ATM has gone crazy with insanely high buy fees and the nearest ATM with reasonable fees doesn't open for another 15 minutes.

Looks like I missed the bottom but this dip is still worth buying. I'd better get out and hail a cab so I can be there when they open their doors.

[TERA2]

That's the beauty of Bitcoin. You buy the dips and you profit. No need to sell.

In fact, what's great about Bitcoin is that you just buy anytime you like, and you profit. No need to sell.

One magic word: HoDL.

But where is the money to buy dips if you are always all in btc and dont trust exchanges? It is contradictory.

[jojo69]

That's the beauty of Bitcoin. You buy the dips and you profit. No need to sell.

In fact, what's great about Bitcoin is that you just buy anytime you like, and you profit. No need to sell.

One magic word: HoDL.

But where is the money to buy dips if you are always all in btc and dont trust exchanges? It is contradictory.

you don't have a job?

[AlcoHoDL]

That's the beauty of Bitcoin. You buy the dips and you profit. No need to sell.

In fact, what's great about Bitcoin is that you just buy anytime you like, and you profit. No need to sell.

One magic word: HoDL.

But where is the money to buy dips if you are always all in btc and dont trust exchanges? It is contradictory.

I'm employed and well-paid. It's money I earn. I guess many here do the same. No contradiction. The exchanges are only used to buy BTC, never (or rarely) to sell. Well, OK, we do sell shitcoins like Bcash.

[jeffryluna]

And now, we resume our regularly scheduled uptrend... already in progress.   

So true, I admit I was super nervous when the down trend won’t stop. Seeing it recover, I now really think that what we’re experiencing is a healthy dip. It’s now being affected by economic tides so that is awesome. I hope the bitcoin futures would really help legitimize the currency and we hit another record high as we wnter the new years.

Clearly many took advantage of the dip.

This thread has been most helpful.

Cheers, everyone!

CCMF!

The people who took advantage the most would be the wealthy who keep on insisting that btc would dip. Pure speculations, but its very near reality ahaha

[RoomBot]

I'm confused. Everyone on this thread is supposedly so bullish that they are always 100% btc and never sell a single coin, and also that they dont trust any exchanges to hold their coins or fiat. However, then whenever the dip occurs they say they 'bought the dip' and profited tremendously - meaning they would have had to have sold for fiat first. So which is it?

That's the beauty of Bitcoin. You buy the dips and you profit. No need to sell.

In fact, what's great about Bitcoin is that you just buy anytime you like, and you profit. No need to sell.

One magic word: HoDL.

But I did sell --- ALL MY BTRASH!

moar BTC 4 me!

[TERA2]

I sold Bcash at 0.5btc and then tripled the proceeds by daytrading.

[d_eddie]

This sideways movement has low volume, but for now there's good support/buy pressure. It feels like a very controlled series of swings. I placed a couple of conservative buy orders just under the recent lows. That was yesterday and none of them has been filled yet - even partially. Ready to BTFD if a significant dip indeed comes.

EDIT: I talked too early. It's going down fast, but it's still above my buy orders.

[HairyMaclairy]

Just bought @ 14700ish. Let’s see if I regret this.

Edit:  yup went too early. Lesson learned.  

[UnDerDoG81]

Down we go

[podyx]

Did anything happen?

[gentlemand]

More Korea bollocks. Why is it only the Japanese can get it right in markets of an Asian persuasion?

[Bitcoinaire]

That just dropped like a rock! The battle continues......

[TERA2]

Where is this scheduled uptrend you are talking about?

[arklan]

Just bought @ 14700ish. Let’s see if I regret this.

Edit:  yup went too early. Bugger. Lesson learned. 

Short term dip likely. Bet it recovers before i to to bed. That's... 5 hours? Ok, before i wake up...

[HairyMaclairy]

Did anything happen?

No it’s just honey badger scratching his balls.  

[HairyMaclairy]

Just bought @ 14700ish. Let’s see if I regret this.

Edit:  yup went too early. Bugger. Lesson learned. 

Short term dip likely. Bet it recovers before i to to bed. That's... 5 hours? Ok, before i wake up...

Yes the velocity is too high. It will bounce. 

[Bitcoinaire]

South Korea to impose additional regulatory curbs on cryptocurrency trading


https://www.reuters.com/article/uk-southkorea-bitcoin/south-korea-to-impose-additional-regulatory-curbs-on-cryptocurrency-trading-idUSKBN1EM05K

[RoomBot]

South Korea to impose additional regulatory curbs on cryptocurrency trading


https://www.reuters.com/article/uk-southkorea-bitcoin/south-korea-to-impose-additional-regulatory-curbs-on-cryptocurrency-trading-idUSKBN1EM05K

Buy the dip.   

It's not like China pretending to ban BTC or anything volcanic like that.

[jojo69]

and then that could happen