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

[adsdas]

ATH coming!

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[Davyd05]

I think we may have bottomed out

so the bottom has yet to be found. I can see hitting 6s on the wave of more panic. I thought last week was a nice crash course for newbies.. but oh wellz.

the upside we finish Monday at 800 maybe 825 but I think this requires news out of China lol

[seleme]

ATH coming!

It surely does 

[emanymton]

Will probably correct some more, but I'm not selling. We all know BTC's ultimate potential. In the end there will be less major price drops, because there will be widespread consensus about its possibilities. That means that people will not be prone to panic selling. I'm not selling. By doing that, the ultimate endgame scenario needs one person less in order to come to fruition.

Ultimate endgame is $1m/btc  

[crazy_rabbit]

reading the news in google translate, it seems that maybe companies were trying to get around the regulations with the banks by using 3rd party financial services. The government feels this was against the spirit of the Dec 5th Guidance and has now shut down that avenue as well.

Still bad. A few hours and the Chinese are up. Lets see what they think.

 

[adamstgBit]

Will probably correct some more, but I'm not selling. We all know BTC's ultimate potential. In the end there will be less major price drops, because there will be widespread consensus about its possibilities. That means that people will not be prone to panic selling. I'm not selling. By doing that, the ultimate endgame scenario needs one person less in order to come to fruition.

this is why i am a buyer in a bear market ( its always short lived, take advantage of these drops! )

[fr33d0miz3r]

ATH coming!

yes, previous, 266

[UnDerDoG81]

China going down slowly. Not sure if I should buy back or not  

Last crash played out over 2 days ( dec5-7 almost in to 8 ) however the low was hit about 24hrs from the first drop.. I sold at 870 had I waited 24 hrs I was laughing got back in much earlier and saved myself some stress but lost future profits.

With that being said analyze the information you have.. and find a re-entry point(at a gain and loss) that seems reasonable since I believe you already sold.
Either way you need to find a reason why you think the crash slides, drops or ends.

Yes I sold at the bottom @650 and would be happy if I only could get my coins back. I had 35 coins before I registered here in the forum. With listening to some people here I panic sold so many times. With a loss of 4 BTC´s. And now I panic sold again because people here were writing it is the end, adam was even crying. So I sold all at the bottom. Looks like its better to move the coins to a wallet and forget the forum here.

[adamstgBit]

reading the news in google translate, it seems that maybe companies were trying to get around the regulations with the banks by using 3rd party financial services. The government feels this was against the spirit of the Dec 5th Guidance and has now shut down that avenue as well.

Still bad. A few hours and the Chinese are up. Lets see what they think.

 

are they allowed to accept the bitcoin as payment, directly, without 3rd party, this could be bullish!

[tarmi]

it aint over till fat lady sing.

I have my doubts about that support at 650.

[jojo69]

China going down slowly. Not sure if I should buy back or not  

Last crash played out over 2 days ( dec5-7 almost in to 8 ) however the low was hit about 24hrs from the first drop.. I sold at 870 had I waited 24 hrs I was laughing got back in much earlier and saved myself some stress but lost future profits.

With that being said analyze the information you have.. and find a re-entry point(at a gain and loss) that seems reasonable since I believe you already sold.
Either way you need to find a reason why you think the crash slides, drops or ends.

Yes I sold at the bottom @650 and would be happy if I only could get my coins back. I had 35 coins before I registered here in the forum. With listening to some people here I panic sold so many times. With a loss of 4 BTC´s. And now I panic sold again because people here were writing it is the end, adam was even crying. So I sold all at the bottom. Looks like its better to move the coins to a wallet and forget the forum here.

you just now figuring that out?

[adamstgBit]

China going down slowly. Not sure if I should buy back or not  

Last crash played out over 2 days ( dec5-7 almost in to 8 ) however the low was hit about 24hrs from the first drop.. I sold at 870 had I waited 24 hrs I was laughing got back in much earlier and saved myself some stress but lost future profits.

With that being said analyze the information you have.. and find a re-entry point(at a gain and loss) that seems reasonable since I believe you already sold.
Either way you need to find a reason why you think the crash slides, drops or ends.

Yes I sold at the bottom @650 and would be happy if I only could get my coins back. I had 35 coins before I registered here in the forum. With listening to some people here I panic sold so many times. With a loss of 4 BTC´s. And now I panic sold again because people here were writing it is the end, adam was even crying. So I sold all at the bottom. Looks like its better to move the coins to a wallet and forget the forum here.

you just now figuring that out?

lol sorry i get emotional sometimes, bitcoin is my life!

[simonk83]

I'm just holding through this. Got no problem with price going way down, I'm in this for the long haul. Actually got more fiat coming in tomorrow, so I look at this as just a good opportunity to increase my position.  

This.

[MikeH]

Yes I sold at the bottom @650 and would be happy if I only could get my coins back. I had 35 coins before I registered here in the forum. With listening to some people here I panic sold so many times. With a loss of 4 BTC´s. And now I panic sold again because people here were writing it is the end, adam was even crying. So I sold all at the bottom. Looks like its better to move the coins to a wallet and forget the forum here.

yeah this forum helps in finding out what news may have affected the price but you can't rush a decision because of what a couple of people say, there will always be people at the extremes or just talking shit.

[erk]

[...]

nothing is wrong with selling.. a lot is wrong with panic selling.. and that is a majority of what I see pushed

And this is what makes me a little sad. Distribution of bitcoin is already quite unequal, but that's ok. But manipulators actually reach their goal (I didn't expected that...) and make it even worse. I think that is one of the biggest threats to bitcoins future.

I would imagine China and other whales are snapping up cheap Bitcoin as western noobs dump because they don't understand any of the Chinese announcements regarding Bitcoin.

[emanymton]

China going down slowly. Not sure if I should buy back or not  

Last crash played out over 2 days ( dec5-7 almost in to 8 ) however the low was hit about 24hrs from the first drop.. I sold at 870 had I waited 24 hrs I was laughing got back in much earlier and saved myself some stress but lost future profits.

With that being said analyze the information you have.. and find a re-entry point(at a gain and loss) that seems reasonable since I believe you already sold.
Either way you need to find a reason why you think the crash slides, drops or ends.

Yes I sold at the bottom @650 and would be happy if I only could get my coins back. I had 35 coins before I registered here in the forum. With listening to some people here I panic sold so many times. With a loss of 4 BTC´s. And now I panic sold again because people here were writing it is the end, adam was even crying. So I sold all at the bottom. Looks like its better to move the coins to a wallet and forget the forum here.

Just have some patients and you will get your coins back and then some...
This is just the first dead cat bounce

[jojo69]

I think this has another panic down leg in it yet

[emanymton]

I think this has another panic down leg in it yet

It's been so gradual so far, I don't even think we've reached the panic stage yet

[TheCoinBull]

China news created the scare, china isnt even up yet... I wonder

[QuestionAuthority]

Call the bottom with a time line.