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

[micalith]

epic correction vs bubble pop

Rallying up to never return would suit me fine, but when I zoom out to the 4h chart, I'm not so convinced. If this thing doesn't go to 300-400, it's not a bubble pop that sentiment would seem to be implying.

[beaconpcguru]

I´ve $50k coming on stamp @tuesday/wednesday. To be honest, I´m not sure if BTC is at its end or will it rocket up any time in the future? Should I risk the $50k on this BTC game and maybe double it one time or should I buy a nice car and waste my FIAT in another way?

I dont need that cash in near future so it can be a long time investement but after all this shakings I´m not sure about the BTC future. It seems like the BTC price is too easy to manipulate. If big banks or governments gets into BTC they can shake all the money out of poor peoples pockets with their huge BTC amounts. If they not did this already the past 2 days.

It can only be shaken if you let it go, nobody ever had a loss that they didn't create themselves.  Don't follow greed.  BTC isn't going anywhere and it will rise again to higher highs and higher lows.

[UnDerDoG81]

I´ve $50k coming on stamp @tuesday/wednesday. To be honest, I´m not sure if BTC is at its end or will it rocket up any time in the future? Should I risk the $50k on this BTC game and maybe double it one time or should I buy a nice car and waste my FIAT in another way?

I dont need that cash in near future so it can be a long time investement but after all this shakings I´m not sure about the BTC future. It seems like the BTC price is too easy to manipulate. If big banks or governments gets into BTC they can shake all the money out of poor peoples pockets with their huge BTC amounts. If they not did this already the past 2 days.

You should of course invest all to BTC. Small cost, huge chance.

Not sure if the price will be the same on Tuesday/Wednesday. Would have been great to buy @650. Wow damn that would have been really great.

[Richy_T]

I demand more hot butt pictures!

[UnDerDoG81]

I´ve $50k coming on stamp @tuesday/wednesday. To be honest, I´m not sure if BTC is at its end or will it rocket up any time in the future? Should I risk the $50k on this BTC game and maybe double it one time or should I buy a nice car and waste my FIAT in another way?

I dont need that cash in near future so it can be a long time investement but after all this shakings I´m not sure about the BTC future. It seems like the BTC price is too easy to manipulate. If big banks or governments gets into BTC they can shake all the money out of poor peoples pockets with their huge BTC amounts. If they not did this already the past 2 days.

Worst case scenario in few years the car and bitcoin will both be worth the same (car will lose more than half of value also). In best case, you will have whole carpark of new cars.

I never buy new cars, only used

A 120D BMW Coupe is my favourite. Costs about 16.000€ here in germany. In 5 years it will still be worth 8.000 - 10.000€

[MoreFun]

That car won't impact your life. Anyway, it's up to you.

[Walsoraj]

This is a bulltrap. Don't try to catch the knife above $200.

[MickeyT2008]

I´ve $50k coming on stamp @tuesday/wednesday. To be honest, I´m not sure if BTC is at its end or will it rocket up any time in the future? Should I risk the $50k on this BTC game and maybe double it one time or should I buy a nice car and waste my FIAT in another way?

I dont need that cash in near future so it can be a long time investement but after all this shakings I´m not sure about the BTC future. It seems like the BTC price is too easy to manipulate. If big banks or governments gets into BTC they can shake all the money out of poor peoples pockets with their huge BTC amounts. If they not did this already the past 2 days.

Worst case scenario in few years the car and bitcoin will both be worth the same (car will lose more than half of value also). In best case, you will have whole carpark of new cars.

I never buy new cars, only used

A 120D BMW Coupe is my favourite. Costs about 16.000€ here in germany. In 5 years it will still be worth 8.000 - 10.000€

Same here, my 15 year old BMW 523i (E39) that only cost me £490 does me just fine, it's lovely to drive and I don't even have to worry about it losing value either.  Unless I had a mountain of cash then I'd never consider buying a new car, I'd rather let someone else lose all that money.  (Well to be honest I have to because I haven't got new car money anyway)

[3KyNoX]

No cars finally impacts any life, it's just metal and plastic.

Do you think crash will continue ? 10k btc volume on mt gox.

 Small amounts are currently exchanged.

[gandhibt]

I don't even own a car

[mmitech]

It is too stable to be cashing more, I think the crash has ended, the big sellers collected their money and everyone is past panicking now, the problem is that this happened over the weekend so no new money coming into exchanges except if people with weak hands decides to buy back. otherwise I don't expect any more huge action maybe the actual price +-50.

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

[niothor]

I´ve $50k coming on stamp @tuesday/wednesday. To be honest, I´m not sure if BTC is at its end or will it rocket up any time in the future? Should I risk the $50k on this BTC game and maybe double it one time or should I buy a nice car and waste my FIAT in another way?

I dont need that cash in near future so it can be a long time investement but after all this shakings I´m not sure about the BTC future. It seems like the BTC price is too easy to manipulate. If big banks or governments gets into BTC they can shake all the money out of poor peoples pockets with their huge BTC amounts. If they not did this already the past 2 days.

Worst case scenario in few years the car and bitcoin will both be worth the same (car will lose more than half of value also). In best case, you will have whole carpark of new cars.

I never buy new cars, only used

A 120D BMW Coupe is my favourite. Costs about 16.000€ here in germany. In 5 years it will still be worth 8.000 - 10.000€

I remember some BMW fans saying about the E36 Compact that's a car for the ones that can't afford a BMW.
I wonder what they are saying about the 1 series.

[Sitarow]

This is a bulltrap. Don't try to catch the knife above $200.

Nice!

Can't wait.

[3KyNoX]

It is too stable to be cashing more, I think the crash has ended, the big sellers collected their money and everyone is past panicking now, the problem is that this happened over the weekend so no new money coming into exchanges except if people with weak hands decides to buy back. otherwise I don't expect any more huge action maybe the actual price +-50.

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

What do you think about mtgox btc actual volume (105,150 currently) ?

[MoreFun]

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

I don't feel that what we have seen these days is a major crash.

[mmitech]

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

[mmitech]

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

I don't feel that what we have seen these days is a major crash.

1240-600 ? well looks like a crash or correction if you want to call it so

[ardana123]

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

Same here, I own a 13 year old Honda Civic since 3 years now. Never had anything break on it, cheap as fuk to drive around in...

Beats me why I would spend hard earned money on a status symbol like a fancy car. Even if I was rich i'd probably go for something midrange than a Ferrari or Porsche...

[mmitech]

It is too stable to be cashing more, I think the crash has ended, the big sellers collected their money and everyone is past panicking now, the problem is that this happened over the weekend so no new money coming into exchanges except if people with weak hands decides to buy back. otherwise I don't expect any more huge action maybe the actual price +-50.

the biggest problem is that we had 3 major crashes, two only this year, this might push away some people were willing to invest.

What do you think about mtgox btc actual volume (105,150 currently) ?

I think the volume is low because everyone is just waiting on standby, everyone sellers and buyers (yes I said buyers) want the price to go up, but no one wants to engage first we are all waiting something to happen.

in other words this crash brought some confusion even for the old professional traders, this are my thoughts...

[UnDerDoG81]

I have a 12 year old Renault Scenic works as charm, I love the cheap parts if I have to repair anything, however I own this car for sometime I hadn't to repair anything except the check that I have each 15000 KM and maybe the brakes I had to change.

my wife want even a bigger car, but I am not even thinking about changing this one, it is working and it is serving its purpose.

I actually own a Golf IV 2000 Model 1.9 TDI with over 280.000 km. I have driven it for 11 years now and the car is saying "please let me go now"

I remember some BMW fans saying about the E36 Compact that's a car for the ones that can't afford a BMW.
I wonder what they are saying about the 1 series.

And I think the 1 Coupe series look way better than the E36 compact series.