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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1%)
7/28 - 11 (11.3%)
8/4 - 16 (16.5%)
8/11 - 7 (7.2%)
8/18 - 5 (5.2%)
8/25 - 7 (7.2%)
After August - 50 (51.5%)
Total Voters: 97

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26454663 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
rafanadal
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March 30, 2018, 07:08:08 AM

And...we are back to 6xxx
TERA2
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March 30, 2018, 07:21:41 AM

meh

Yea I really wanted to see the bounce off of 6000. This bouncing early makes the whole thing suspect. Wish someone could have held their load for a few hundred more dollars.
I really wanted to see exactly 6666
LFC_Bitcoin
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March 30, 2018, 07:28:03 AM

Down 2000 , up 500
rinse and repeat.

This is actually what’s been happening since about $13,000
rjclarke2000
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March 30, 2018, 07:53:13 AM

Down 2000 , up 500
rinse and repeat.

This is actually what’s been happening since about $13,000


Wake me up in 2020
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March 30, 2018, 08:00:36 AM

Down 2000 , up 500
rinse and repeat.

This is actually what’s been happening since about $13,000


Wake me up in 2020

Yeah definitely, everything will be fine (as usual) & we’ll enter another bull market within the next year or two.
May 2020 - mid 2021 has always been my target for perhaps a 50% - 75% sell off.

I see that period after the next halving as the time when we’ll see a huge upwards price swing.
bluebits
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March 30, 2018, 08:03:35 AM

HairyMaclairy
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March 30, 2018, 08:17:06 AM

I’m too intoxicated to work this out.  
Elwar
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March 30, 2018, 08:18:24 AM

Probably better that the weak hands sell off at these prices.

At higher prices their weak hands would have more affect on the price.
milkshock100
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March 30, 2018, 08:22:07 AM

I think that's it for this particular leg down.
Globb0
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March 30, 2018, 08:29:02 AM

Blue Square ?

HairyMaclairy
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March 30, 2018, 08:29:35 AM

We should still expect to take a shit kicking on Saturday night
Elwar
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March 30, 2018, 08:32:46 AM

I showed my gf how to sell bitcoins on localbitcoins in Thailand. The last few days have been quite active. She made $30-$40 per day the last few days.

Considering the average monthly income there is about $300 she's doing pretty well. She was able to work her way up to 1 BTC while only pulling out money occasionally to pay for things.
rjclarke2000
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March 30, 2018, 08:33:17 AM

yes Saturday is batterday
Globb0
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March 30, 2018, 08:33:52 AM
Merited by HeRetiK (1), El duderino_ (1), HairyMaclairy (1), talkbitcoin (1)

We should still expect to take a shit kicking on Saturday night

And then rise again on Monday ?     Grin




Vlada69
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March 30, 2018, 09:31:49 AM

Please join me in moment of silence for 99% of altcoinz Wink
LFC_Bitcoin
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March 30, 2018, 09:43:40 AM

Down below $7000 in 3.....2.....
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March 30, 2018, 09:59:22 AM
Merited by LFC_Bitcoin (1)

I think that's it for this particular leg down.

There was a dump below £1000 in late March 2017. Late this March we got another dump, and next year we will probably get another dump in late Match. Hopefully next year we will be pissed it dumped below $100k in March.
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March 30, 2018, 10:20:06 AM
Merited by Majormax (1)



Trust me guys, it's all over.
The same people that pushed the price up to its ATH by buying at any price with their printed fiat are now unloading for peanuts.
We all know who 'those'  people are.
Did you really think they'd sit back and let digital currencies end their bankster system that the whole world is enslaved to?

This doesn’t make sense to me.
I can understand how the price could be manipulated by buying a shitload of BTC in the Non/Dec ‘17 run up and then causing panic by dumping it all. But there s a finite number of coins available right? So the manipulators (whoever they may be) can only dump the coins they had when they bought right?
If I am not mistaken, those coins are now in the hands of other people (Holders, minnows, suckers, call them what you like). So the distribution of BTC continues.
The value for those people isn’t always measured in dollars. For many it is about the fundamentals of what Bitcoin is. You can still send some value (whatever that is) to someone else halfway across the world almost instantaneously and with little to no fee. Cutting out the greedy banks and being fully responsible for your own wealth.
These fundamentals have not changed, in fact, it is now even stronger. LN, rootstock and larger and larger infrastructure (more atms etc).
If people are just trying to make a quick buck then watching the value against the dollar like this is probably going to freak you out.
Staying cool and believing that Bitcoin will see us to a brighter future long term is a much less stressful existence.
Hey, look at where we were this time last year or even two years ago!
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March 30, 2018, 10:26:34 AM




Starting to look like that....all the friends and relatives are 'piling on' that I am an Idiot..and that I should sell, sell, sell it all!

Luckily, (or unluckily depending on how low BTC and ALTS dump) ...I am essentially 'immune' to peer pressure on such...however...they are sooooo wound up about it

I may cause a couple coronary's among my friends... (hmmmm)

....1.  For the vulnerable ones : Tell 'em you sold your BTC 'to avoid total loss'. Then try (!) not to mention it again. They will soon forget about it. ... Flaw : Impossible for you to keep quiet in future....


Here lies my confusion... WTF does it matter if I take a flyer on crypto?

....2.   Pretend the price is now at 2k, with alts worse. Add up your total crypto worth. Not worth selling now ? Just Hodl and concentrate on other stuff. Hell, you must have taken this sort of risk again and again since 2013.  as you say , does it matter ?...

it is that 1.5 billion USD hanging out there from mt. gox that is the cause of all this IMHO




...I dont think MtGox is an issue.  This is just a Bear Market/ Crypto Winter that was ready to roll anyway. It may need 2 years + to shake out all the weak hands. Think 2014... not a pleasant thought, but we made it through that one. (how did you manage then  ?)
 

Sell a very little now and again if you want to make yourself feel better. Then just hunker down.

I have 2 fulltime businesses to run (unconnected with Crypto), so my attention was fully taken in 2014-16.  Start a new venture.


Just my 2c
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March 30, 2018, 10:33:51 AM

Already old news? 3 hrs ago

https://twitter.com/whalepool/status/979535185321570304
Looks like @OKEx_ will be rolling back balance data to Hong Kong 5:00, March 30
They will settle all the open interest and issue new contract and resume by 15:30 Hong Kong time
This is the proper decision. Total deviation occurred at this point. Fair outcome.



So let's recap:

1. OKEx announces that it will halt BCH trading because of admitting to low liquidity.

2. Whale traders smell weakness and assume that OKEx has very low liquidity across ALL cryptocurrencies trading including Bitcoin. (We know they're basically wash trading everything)

3. Whale traders go running the stops on Bitcoin Futures.

4. Leveraged longs get massively liquidated.

5. Some leveraged longs whine, complain, and feign suicide.

6. In response, OKEx decides to roll back trades.

7. WTF? Seriously??
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