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

[gentlemand]

The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.

Everyone likes to talk about their big dangly balls like two snooker balls in saggy old tights. When the real action arrives they escape into their bodily cavities and refuse to come out.

[e-coinomist]

So...this just happened to me;  went out to the grocery to grab a couple things, young Asian guy with 2 toddler boys in front of me in the checkout line had a NEO hoodie and cap on.

I caught his eye and was like "tough couple weeks 'eh?"

He laughed and said he wouldn't have left the house but he needed diapers for the kids.

This is the first time EVER I have seen anyone in real life into crypto.

Everybody beeing in crypto currently requires fresh diapers. Just more concerning is the lack of fatal news, what's causing this meltdown.

[RoomBot]

The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.

You don't have to be a drama queen in this thread to be "smart."

Lots of people are quietly HODLing and not getting into the drama.

Those are the really "smart" ones.

[Rosewater Foundation]

I admit to being really embarrassed to have let my inner bulltard run away with my spoon. What more is there to say?

[TERA2]

There wasn't any fatal news when it went from 266 to 50 in 2013. It was just a panic selloff triggered by a ddos on gox.

[BtcMan2009]

I want to know Roger's feeling now.
BitcoinCash = 500$

$875 where I'm tarding

No, it shows the future of the movement.

2 months ago we were going to 400K but now this is the death of bitcoin and there is no floor.

Well, why not think that's all. Most - it does not mean that all. He had a lot of funerals, and this is not the last, the floor will be.

[Nosk]

The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.

You don't have to be a drama queen in this thread to be "smart."

Lots of people are quietly HODLing and not getting into the drama.

Those are the really "smart" ones.

And how do you qualify non quiet hodler that are shitting themselves right now ?  
And I'm hodling since 2013, maybe I'm too emotional

[sirazimuth]

this slowly letting the air outta the tire  thing is really annoying.
get to the damn floor in one big mega crash and get it over with already fer chrissakes.

[Michael CF]

Financial markets are always volatile and bitcoin is the same. Need to control your money best

[BitcoinNewsMagazine]

Traders in cash I think until next week's Senate meeting with SEC and CFTC. $7600 is an important Fibonacci resistance level. Market needs to get back over $7600 and that could happen next Tuesday if news is good or even neutral.

[RoomBot]

The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.

You don't have to be a drama queen in this thread to be "smart."

Lots of people are quietly HODLing and not getting into the drama.

Those are the really "smart" ones.

And how do you qualify non quiet hodler that are shitting themselves right now ?  
And I'm hodling since 2013, maybe I'm too emotional

Drama queen.  You're still sitting pretty.
 

[romneymoney]

I said we were going to 4k when we were at 19k (sold a % around that value) but the way this fall has happened so fast and all the news and fud has me a bit worried.
We all had the opportunity to liquidate at that price, so there will be questions in our heads until it makes a full recovery to above those levels assuming it ever does.

[JayJuanGee]

I´ve lost.. but i know it will eventually rise again.. someday.. some year..

I´m a bit concerned about all the newcomers burnt that will never touch btc again.. Chances lost for making new adopters. This kind of fluctuations scare people. This "correction" is not healthy anymore. It poisons btc as currency.

Your post comes off as pathetic -and a kind of victimization tone.

If you lost some money, then figure out how to learn from it... Yeah if you had been gambling too much and preparing only for one direction (such as 10x up), then you got's yourself a problem and you have to attempt to figure out how to learn from yor mistakes and to restructure your strategy in order that you can prepare for either price direction.. which one of the most certain things in bitcoin is volatility rather than any particular price direction.

[explorer]

this slowly letting the air outta the tire  thing is really annoying.
get to the damn floor in one big mega crash and get it over with already fer chrissakes.

There's far less money in a mega crash.  Controlled demolition is where it's at.  You can't buck the trend, but you can rape it good.

[JayJuanGee]

In my humble opinion, Bitcoin will be at around $1,000 before the month is out.
The banksters saw it as a huge threat and bought it for fun with their printed paper at any price pushing it to the heights it reached.
Now, they are dumping it all back at cheaper and cheaper prices. This will continue until bitcoin is totally insignificant.
The world is run by Luciferians........They didn't get where they are by being stupid.
The party is over.
They have done much the same thing to precious metals over the last 5 years too.
Their printed paper will always rule sadly.

Give me the drugs tonyq.

My drug is the red pill....yours is obviously the blue one.

Hahahahahahaha


Sounds like tonyq is smarter than everyone in the room...









NOT!!!!

[RayX12]

The sentiment on the forum perplexes me. When its at a high everyone is super bullish and when its down 70% (where there is always a huge bounce) the forum is super bearish. I thought all the super smart bitcoin people here would be better than that.

Good point!  It just helps the people in the know to execute the sell high and buy low motto.  

[e-coinomist]

Traders in cash I think until next week's Senate meeting with SEC and CFTC. $7600 is an important Fibonacci resistance level. Market needs to get back over $7600 and that could happen next Tuesday if news is good or even neutral.

Ack, seen the same $7600. Current journey seems to even target $4800. This ~ $5000 a rather psychological number. I'm not into kabbalistic, more round numbers style.
Curious why SEC or CFTC should have any impact, at all. Most of the action https://coinmarketcap.com/currencies/bitcoin/#markets takes place at areas outside of their reach. GDAX + Kraken + Gemini < 10%

[lightfoot]

Fine. I just bought a Roomba on Overstock (fee was under a buck and confirmed immediately). I sold at the bottom, now go to the moon, ok?

Jeez......

[marcus_of_augustus]

"I'm out. Robbing these people is too easy, it's disgusting."
https://www.youtube.com/watch?v=LtFyP0qy9XU
"It's Just Money."

this slowly letting the air outta the tire  thing is really annoying.
get to the damn floor in one big mega crash and get it over with already fer chrissakes.

There's far less money in a mega crash.  Controlled demolition is where it's at.  You can't buck the trend, but you can rape it good.

[Ibian]

The floor is in. A certain family member just sold, the poor bastard.