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

[bluebits]

Premise: Heading down to 5.x (Last area of significant support, 3.5k is just too much too soon right now)

Under bitphysics™ this means at least one material sized interim bounce on the way down. Anyone with a supportable plan to catch it?

Yea like I said to someone else here. Just keep a stop order 1000 dollars off the low. You will miss the bottom by 1000 dollars but if it goes to 1300 you will be getting it for 2300 instead of blowing your powder at 6000 only to watch it fall to 1300. Well anyway it's just an idea. Curious what others think about it. This idea assumes that by the time it has a full 1000 dollar bounce than the bottom is probably in. Thoughts on that assumption?

I meant a bounce off of something like 6400 back up to 7400. Logic:

- People are paying 8k a coin right now = market is a long way from accepting that things are over
- Things aren't over = Traders will expect a bottom or bounce somewhere soon

Result is a bounce. The big one will be for the next sizable glade. On the way to this final glade it can't go straight down from 9k to 5k, it has to bounce somewhere along the way.

[the artful bodger]

Alright, PM'ed but no blindfolds dude. I wouldn't want to miss the show  

 Uhh. Wow. So he PM'd me his address.

 Shit just got real.

 So I guess now is a bad time to say "I was just kidding guys !", huh ?

 I don't think I've ever fucked up a "hunch" with Bitcoin this badly before...

 

But its not my address, just one of the many places I can receive mail.
Just an integrity check is all   but ya, I do like scotch.

I wouldn't mind a shot of The Macallan In Lalique 65 Year Old Speyside Single Malt Scotch Whisky. It's only $58195 a bottle.

If bob want's to be cheap I'll settle for a cup of Kopi luwak coffee. It was the world’s most expensive coffee, and only costs $35 to $100 a cup.

It's made from luwak shit. They select and eat the best coffee cherries, then shit out the undigested beans, which are collected, cleaned, and roasted.

This is a fresh luwak shit.



There's some cheap stuff produced by caged luwaks. However I wouldn't consider drinking that because keeping them in cages is cruel. I only drink the free range stuff.

Sadly it lost its coveted position of the world’s most expensive coffee. There's other rarer stuff shit out by different, more exotic animals that's now selling for more.

[HairyMaclairy]

Ok this doesn’t look great.  But if it goes deep enough, I could potentially triple my holdings.  So that would be nice.

[bitserve]

Oh... well....

[lightfoot]

somebody roll the mayor over

he'll drown in his own vomit like that

Far better than drowning in someone else's vomit.

So, who is going to sell at the bottom? Anyone?

[lightfoot]

Sadly it lost its coveted position of the world’s most expensive coffee. There's other rarer stuff shit out by different, more exotic animals that's now selling for more.

I remember a pair of Hyacinth Macaws at a place I worked years ago. You could walk up to the cage, give them a nut, and they would either hand it back to you or drop it on the ground. If they handed it back it was perfect. If they dropped it, it was bad. There is no difference in the nuts from the outside.

Impressive.

PS: I see that Macallan site doesn't take bitcoin. What wankers.

[tonyq]

The Google announcement that it's taking a stand against advertisements on the internet that promote cryptocurrencies from June has caused the crash in my opinion.
Facebook already did it and we all know the people behind Google and Facebook and what interests they want to protect and who for.

[JayJuanGee]

Hopefully it will bounce back to 9k one final time, so i can sell all my holdings, i am done with this bullshit.

Just sell now.  Why wait?  Good bye.        Be missing you.   



NOT

[gembitz]

Bob,   I'm ready for that drink. Single malt kinda guy. A shot of Dalmore is high on the bucket list or a older Balvenie might be just as nice. I'll do my best not to get any bitcoiner tears in it.
32D6TKWE5LEgNk6u92bEm1GNAzmnheXbCt

Sheeit  

Ok. PM me your meatspace address. Do you want to supply the blindfold, or should I ?

Hey!!!!!!!  


We are not all getting drinks?

People at the bottom:
Acid rain?

weee    ha

[undeadbitcoiner]

Hopefully it will bounce back to 9k one final time, so i can sell all my holdings, i am done with this bullshit.

Just sell now.  Why wait?  Good bye.        Be missing you.   



NOT

On the way to $6001 but will be closing the day back @ 8K+

[JayJuanGee]

Hopefully it will bounce back to 9k one final time, so i can sell all my holdings, i am done with this bullshit.

Just sell now.  Why wait?  Good bye.        Be missing you.   



NOT

On the way to $6001 but will be closing the day back @ 8K+

Seems a bit retarded to me for guys (and gal) to be selling on the way down and hoping for lower prices, and seems to me that if any of you guys (and gal) were planning to buy BTC lower, then you would have already sold a while ago...


Therefore, seems to me to be either times to be buying or if you are uncertain about buying now to be HODL and wait to buy lower, if prices do end up going lower. 

In other words (am I repeating myself), does not seem like a time to be selling.... lots of mistakes seem to come from selling on the way down rather than buying on the way down.

[infofront]

On the bright side, BTC dominance increasing.

[Harlot]

The Google announcement that it's taking a stand against advertisements on the internet that promote cryptocurrencies from June has caused the crash in my opinion.
Facebook already did it and we all know the people behind Google and Facebook and what interests they want to protect and who for.

But why will it affect Bitcoin in the first place? If people are thinking logically Bitcoin does not need anymore advertising as it has established its name for quite some time now. And also from what I know Google has already banned crypto-related ads for multiple times now yet I always see ads particularly exchanges while watching on youtube. This kind of news even though its false is affecting the market badly.

[undeadbitcoiner]

Hopefully it will bounce back to 9k one final time, so i can sell all my holdings, i am done with this bullshit.

Just sell now.  Why wait?  Good bye.        Be missing you.   



NOT

On the way to $6001 but will be closing the day back @ 8K+

Seems a bit retarded to me for guys (and gal) to be selling on the way down and hoping for lower prices, and seems to me that if any of you guys (and gal) were planning to buy BTC lower, then you would have already sold a while ago...


Therefore, seems to me to be either times to be buying or if you are uncertain about buying now to be HODL and wait to buy lower, if prices do end up going lower. 

In other words (am I repeating myself), does not seem like a time to be selling.... lots of mistakes seem to come from selling on the way down rather than buying on the way down.

I am not selling, I normally don't care about its $ Price, When i need to pay bills i don't check price and when i don't need Fiat i don't sell so i am good, I will be selling some @ $28K just to cover my 2019 Expenses

[Vlada69]

On the bright side, BTC dominance increasing.

And finally altcoins purgatory!

[Vlada69]

People will finally realize only Bitcoin has any use and market power. The rest is just noise. If it takes to 3k so be it. At least we will have fun with Mr. Mcafee.

[RoomBot]

BTC < $8K




 ^^^^^^ THIS!! ^^^^^^

[HairyMaclairy]

Nice to see bcash lol under $900

[jojo69]

Nice to see bcash lol under $900

that is a rather nice consolation prize

NEM + 17.6% on the other hand...

[RoomBot]

Nice to see bcash lol under $900

that is a rather nice consolation prize

Good lulz.
Maybe this will shake people loose from sh*tcoins and back to BTCasics