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

[Raja_MBZ]

This hurts my soul

For you...

Hey, remember bitcoin at $10k? Man, those were the good old days... should've bought that time!

[blacky90]

i am crying 

[zogrrr]

Anyone know the reason for such rapid fall today?

[rafanadal]

$6xxx already in

It appears the support reacted quite heavily at that price. Looks like my $10 USD short will probably get REKT, shortly. Let's keep our fingers crossed.

 

[rafanadal]

Anyone know the reason for such rapid fall today?

Still correcting from the fake pump in November/December

[xhomerx10]

Are we poor again?

Yes, here is my meal plan for the rest of 2018. 

 Well you can't just eat cheap things that are high in flavour and sodium!  You should supplement that with chicken liver and/or heart.  Those are very high in essential nutrients and also quite cheap if you're on a bearish Bitcoin budget.  Now is the time of year to look for young fiddleheads too - you can get them for free if you know where to look

[markj113]

Just hit $6907

[Raja_MBZ]

Just hit $6907

Whenever we enter $6xxx, it seems like bulls are enraged and throw us back to above $7k. Well, that's so nice of their anger. I hope they remain like this in future as well.

[bones261]

Are we poor again?

Yes, here is my meal plan for the rest of 2018. 

 Well you can't just eat cheap things that are high in flavour and sodium!  You should supplement that with chicken liver and/or heart.  Those are very high in essential nutrients and also quite cheap if you're on a bearish Bitcoin budget.  Now is the time of year to look for young fiddleheads too - you can get them for free if you know where to look

I could go for the chicken liver and heart. However, the only members of my household that eat vegetables regularly are my guinea pigs.

[xhomerx10]

Are we poor again?

Yes, here is my meal plan for the rest of 2018. 

 Well you can't just eat cheap things that are high in flavour and sodium!  You should supplement that with chicken liver and/or heart.  Those are very high in essential nutrients and also quite cheap if you're on a bearish Bitcoin budget.  Now is the time of year to look for young fiddleheads too - you can get them for free if you know where to look

I could go for the chicken liver and heart. However, the only members of my household that eat vegetables regularly are my guinea pigs.

 Mmmm... guinea pigs

[bones261]

Are we poor again?

Yes, here is my meal plan for the rest of 2018. 

 Well you can't just eat cheap things that are high in flavour and sodium!  You should supplement that with chicken liver and/or heart.  Those are very high in essential nutrients and also quite cheap if you're on a bearish Bitcoin budget.  Now is the time of year to look for young fiddleheads too - you can get them for free if you know where to look

I could go for the chicken liver and heart. However, the only members of my household that eat vegetables regularly are my guinea pigs.

 Mmmm... guinea pigs

Next meal for bones261.

[blacky90]

there is nothing wrong with instant ramen

[xhomerx10]

Are we poor again?

Yes, here is my meal plan for the rest of 2018. 

 Well you can't just eat cheap things that are high in flavour and sodium!  You should supplement that with chicken liver and/or heart.  Those are very high in essential nutrients and also quite cheap if you're on a bearish Bitcoin budget.  Now is the time of year to look for young fiddleheads too - you can get them for free if you know where to look

I could go for the chicken liver and heart. However, the only members of my household that eat vegetables regularly are my guinea pigs.

 Mmmm... guinea pigs

Next meal for bones261.

 I just looked it up and I am somewhat surprised to find that it is a popular dish in Peru.

[Elwar]

Someone said we would go down to $7,200...

[Raja_MBZ]

Bitcoin futures right now:



Someone's gonna cry pretty bad. Probably it's not gonna be us, the hodlers.

[bones261]

I could go for the chicken liver and heart. However, the only members of my household that eat vegetables regularly are my guinea pigs.

 Mmmm... guinea pigs

Next meal for bones261.

 I just looked it up and I am somewhat surprised to find that it is a popular dish in Peru.

Yes, they are a totally domesticated species, selectively bred to be fat and slow.

[Raja_MBZ]

Even worse now:



They're panicking while bitcoin is still settling at $7100+. Their panic isn't affecting bitcoin much right now.

[bones261]

Even worse now:



They're panicking while bitcoin is still settling at $7100+. Their panic isn't affecting bitcoin much right now.

Greedy bears trying to short the bottom, plus I am sure many long contracts got liquidated.

Hello, your margin is calling.
https://twitter.com/whalecalls?lang=en

[HairyMaclairy]

US tax day is 17 April.  I don’t think we can recover before then.  It’s what happens after 17 April that is important in my books.

I disagree.
Relevant: Local low in 2014 was on April 10. It bounced about 70% from the low before extending the decline. The 2018 equivalent would be to about $12410 from 7300. I am not predicting that it would happen right here.

Less relevant: local low in 2017 was on March 26, which we passed already.

Good point.  I would look to bottom in the week before taxes due. So week of 9 April.

[explorer]

So what's the condensed WO for the last week?  The sun is shining in NZ and I don't have time to read back 30 pages