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

[svdleer]

Bottom is still not in  

[jojo69]

well

we got support at 2200 and at 800

[Dakustaking76]

This isnt possible man still going lower
This is a fucking crash a bloothbath
3rd world war Damn hollecaust this isnt normal anymore guys...

Healthy correction, bruh.

Bruhhhh this isnt a healthy correction, all the Way down to 4.7k? Nahhh
I am a holder But this isnt good for bitcoin holders And for the world that want to
Buy bitcoin. Beceause there thinking iT Will crash like this if we buy... we Will lose money.

This is called a crash all the Way down from €16k down to 4.7k nahhh

Personnaly i do not like This big crashes as well ..., but like my hombre said he would be more worried with the straight line up whitout serious correction than like whats happening now
Should be more thinking like the Guy’s saying if iT Goes under 5k$ sell the house and go ALL IN
The market needed a good shake up he said and Thats whats happening So after This more adoption more fresh FIAT more fresh hodlers more cool projects on the side and Just ceep calm and do hodl thru and do ride them bumpy-grumpy waves

Ye But what i Dont understand is, we had many corrections When we hitted 16k€ range.

We dropped many times to €12k - €15k And even more down then up again..

[Ludwig Von]

This isnt possible man still going lower
This is a fucking crash a bloothbath
3rd world war Damn hollecaust this isnt normal anymore guys...

Healthy correction, bruh.

Bruhhhh this isnt a healthy correction, all the Way down to 4.7k? Nahhh
I am a holder But this isnt good for bitcoin holders And for the world that want to
Buy bitcoin. Beceause there thinking iT Will crash like this if we buy... we Will lose money.

This is called a crash all the Way down from €16k down to 4.7k nahhh

Personnaly i do not like This big crashes as well ..., but like my hombre said he would be more worried with the straight line up whitout serious correction than like whats happening now
Should be more thinking like the Guy’s saying if iT Goes under 5k$ sell the house and go ALL IN
The market needed a good shake up he said and Thats whats happening So after This more adoption more fresh FIAT more fresh hodlers more cool projects on the side and Just ceep calm and do hodl thru and do ride them bumpy-grumpy waves

Ye But what i Dont understand is, we had many corrections When we hitted 16k€ range.

We dropped many times to €12k - €15k And even more down then up again..

We are not in a a crash, no where near. Yoy we are up 500% which is healthy growth. Only the exessive decandent exuberance is corrected off. For which I am thankfull,it allowed to increase btc stash, and some fiat to spend on sex and drugs and R&R.

[Rosewater Foundation]

well

we got support at 2200 and at 800

i can't take this kind of a loss man. another couple hundred bucks and i'm honestly out cold turkey. i'm despair personified.

[firhatnawfanh]

the reason why the current crash feels different, is that previous crashes attacks the future valuation of bitcoin, i.e segwit failure, china ban,

the current crash tease upon the valuation of bitcoin post tether - wells fargo issue, which brought further questioning on the original run of bitcoin valuation on MT GOX, hence no legit bounce will be felt until tether blow up

[Heater]

the reason why the current crash feels different, is that previous crashes attacks the future valuation of bitcoin, i.e segwit failure, china ban,

the current crash tease upon the valuation of bitcoin post tether - wells fargo issue, which brought further questioning on the original run of bitcoin valuation on MT GOX, hence no legit bounce will be felt until tether blow up

^^ Total rubbish.

[wayna]

[m.lov]

Sorry for OT, but how can I vote the Poll at the top of the page? Thank You

[Rosewater Foundation]

well
we got support at 2200 and at 800

i can't take this kind of a loss man. another couple hundred bucks and i'm honestly out cold turkey. i'm despair personified.

Yesssssss.

YEESSSSSSSS...

THIS is the sort of despair and capitulation we need to hear. MUAHAHAHA.

This can only mean one thing. We're likely close to the bottom at this point, and starting to be entering WAY oversold territory.

too despair for witty retort

[sa_94]

On a more positive note Bitcoin is still gaining market share, back up to 37% now.

[600watt]

Where can I read the latest bitcoin orbituary.

how about the wo thread @bitcointalk forum?

[Alexander_Z]

Sorry for OT, but how can I vote the Poll at the top of the page? Thank You

AFAIK Newbies cannot vote, one has to be at least Jr. Member for this.

[PoolMinor]

Yesssssss.

YEESSSSSSSS...

THIS is the sort of despair and capitulation we need to hear. MUAHAHAHA.

This can only mean one thing. We're likely close to the bottom at this point, and starting to be entering WAY oversold territory.

This is, in essence,  the psychology of the 100th monkey. It was also seen on the rise from $15k to $20K. I bought some foolishly at $15k, my cost average was zero(still is). IDK why I suddenly felt like I needed more.

When you finally get that deep down feeling that you need to finally throw in the towel and when that price seems too low, do the opposite; buy buy buy!

[Wekkel]

There are about 4-5x more bids $1,000 down from here than asks $1,000 up from here. I guess most of the selling has been done now unless silly sellers really want to see more of their coins going to strong hands.

[Majormax]

This isnt possible man still going lower
This is a fucking crash a bloothbath
3rd world war Damn hollecaust this isnt normal anymore guys...

About as normal as bitcoin gets.  Unless you figure in a lot more down side.  But then it's still normal.  The charts are available everywhere, have a look at history.

Destination low is sub $1500. Thats the long term chart. Each long wave down ends just above the previous wave high, which in this case was $1200 in Dec 2013.

Already gone $19000 down to $6000, so over halfway there.

Best to get it over asap.

[600watt]

altcoin bag holders blame bitcoin for causing this massacre.
some bitcoiners blame usdt/finex.
Wall Street will blame crypto for DOW crashing.


tinfoil hat: big money figured out that they cannot outlaw bitcoin. their approach to hurt it was to elevate it into unforeseen euphoric stages just to crash it unprecedentedly afterwards in order to completely destroy any trust in it. guys like w.buffet knew. they couldn't even resist to make public statements about the coming crash.

but they will be wrong. they have no idea what a seasoned bitcoiner can survive. they will never crush us. bitcoin is the combined chuck norris/mcgyver/houdini of finance. we have waited 4 years from the previous to the last ATH. we can sit out storms like that.

6000 is the fucking BOTTOM

[PoolMinor]

altcoin bag holders blame bitcoin for causing this massacre.
some bitcoiners blame usdt/finex.
Wall Street will blame crypto for DOW crashing.


tinfoil hat: big money figured out that they cannot outlaw bitcoin. their approach to hurt it was to elevate it into unforeseen euphoric stages just to crash it unprecedentedly afterwards in order to completely destroy any trust in it. guys like w.buffet knew. they couldn't even resist to make public statements about the coming crash.

but they will be wrong. they have no idea what a seasoned bitcoiner can survive. they will never crush us. bitcoin is the combined chuck norris/mcgyver/houdini of finance. we have waited 4 years from the previous to the last ATH. we can sit out storms like that.

6000 is the fucking BOTTOM

Quoted for ITYS later

[undeadbitcoiner]

Lets Go to the positive
Today                    -$751.14           -10.86%      ↓
Last 7 days            -$3,871.88   -38.58%      ↓
Last 30 days            -$10,015.38   -61.91%      ↓
Last 6 months   +$2,709.96   +78.48%   ↑
Last 1 year           +$5,138.51   +501.51%           ↑
Last 2 years           +$5,787.84   +1,542.25%   ↑
Last 5 years           +$6,140.97   +27,724.47%   ↑

Lets see the history of bitcoin
2011 April to 2011 Jun from .86C to 20$ and back to $4
2013 Jul to 2013 Dec from $80 to $1200 and Back to 443
2016 Jul to 2017 Jun From $400 to $3220 and back to $2100
2017 Sep to 2017 Dec from $4000 to $19000 Time to Go back to $6000 Don't worry we are in Genuine correction level
2018 April to 2018 Sep from $8000 to $28000 and time to go back to $16000

Lets not forget there is always a buyer for each and every seller

[Totscha]

This isnt possible man still going lower
This is a fucking crash a bloothbath
3rd world war Damn hollecaust this isnt normal anymore guys...

About as normal as bitcoin gets.  Unless you figure in a lot more down side.  But then it's still normal.  The charts are available everywhere, have a look at history.

Destination low is sub $1500. Thats the long term chart. Each long wave down ends just above the previous wave high, which in this case was $1200 in Dec 2013.

Already gone $19000 down to $6000, so over halfway there.

Best to get it over asap.

We need blood in the streets for a healthy correction

My panicking friends have been asking me if they should get out ASAP, so that's a good sign we've entered the capitulation stage...