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

[JayJuanGee]

It bitcoin dominance is increasing then why is the price dumping? Who the fuck is selling?

Alts are going to zero, as foretold. This is the great bloodletting.  Come warm your hands by the fire of the smoking carcass of the alt coin market.  

We will also experience some pucker all along the way but it will all be worth it in 2020.

I just don't buy it.

Yes.  Currently, I do recognize that alt coins are dumping more than BTC, but I just have a sense that several of the alt coins will be coming along for at least one more BTC ride up the exponential price rise.  Surely, I could be wrong about my hunch, but to me, it just seems too early to assert that they are dead and that BTC is the unambiguous winner.

We have decent chances that in the end, BTC is going to be the unambiguous  winner, but there seems to be a lot of ambiguity for alt coin pumpers to exploit along the way.. and at least one more alt coin pump is going to be part of that taking advantage of ambiguity and almost an limitless supply of dumb money.

I am sure that the most in here Just thinking the same that offcourse there Will be Some pump and dump in alts.....

Yes... but it seems to me that some peeps are taking the situation a lot further than is likely.

Several times, there have been assertions that altcoins are dying.. blah blah blah.. .but we are way too early in this game for that to happen.

There will likely be at least another 10 years of significant alt coin pumping and dumping, so it seems way too premature to me to be suggesting that alt coins are dying any time soon.

I do agreed that the genuine froth in the alt coin space is driving the overall price correction, including BTC; however, who the fuck knows how long it is going to last and/or how far and how long bitcoin is going to be drug down in this process.  Surely the longer and the more that alt coin  money is purged, this time around, the longer and deeper will be bitcoin's price correction, too.

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[mymenace]

Is the bottom in for now, Hairy?

We really do have a nice rounding bottom on the Bitcoin daily which hasn’t been invalidated, yet.  But it’s bloody close to being invalidated. So I’m a bit 50 / 50 on the “for now”.  

Mid term as I think you know I remain bearish, forecasting a bottom between January to August 2019.  I don’t really hve a specific price target for that, just a time target.  If Bitmain was to go bankrupt in January 2019, that would make for a nice capitulation bottom.  It would also have the pleasant side effect of putting those criminal fucks out of business.  Bitconnect is only the weakest alt and so the first to get culled.  Others will follow being delisted and most of the exchanges will close as well as volumes dry up.  

Get your fucking coins off the exchanges now because when the tide goes out, we get to see who has been swimming naked.

Long term (over 4 years) I’m bullish as fuck and looking to put more money in. Just not until 2019.  

I do not know youre stash/amount of BTC or what you want to achieve but if you wanna increase and have extra fiat Why wouldn’t you be buying right now.....? Just be buying hodling and be patient , the game has been Made So easy ...... No secret rooms, No bosses to defeat Just buying hodling When oppertunitie’s are presented by the very generous low price Sellers stop waiting and start increasing  

This always makes me laugh,

whats the advice for the ones who have nothing left, stolen so to speak

[El duderino_]

at least BTC dominance is @ 53%

but thinking exactly the same we didn't saw the last of shitcoin pump and dumps BUT yes time for all to stop bleeding and for BTC to rise again it would be good for me if we have seen the bottom  

mmmm going to crash sleep and don't wanna get shocked in the morning

LET US HAVE ALREADY SEEN THE BOTTOM

-next question = WHEN MOON??

[mymenace]

And the answers never come
been like this for over 5 years


If you do not have any money, and your coins were stolen
I suppose all their is left to do is hunt.

Tell your family to buy low and hope for the best

[RoomBot]

https://twitter.com/Excellion/status/1028426579158884352

According to the Bitmain pre-IPO investor deck, they sold most of their #Bitcoin for #Bcash. At $900/BCH, they've bled half a billion in the last 3 months. If Bitcoin Core devs didn't disclose the Bcash vulnerability, it could've wiped a billion dollars off their balance sheets.

As suspected, Bcash was being pumped.

I don't think the rest of their btc will be able to get bcash to a sellable value. Time to start pulling out the old wallets and get what I can.

 

look at me  >.> i'm the BTCBTCBTCBTCBTCBTCBTCBTC hodler now

@Gembitz has come to his senses. Hell hath froze over.

[HairyMaclairy]

XRP now down 93% from ATH.  

NEM down 95%.

Look at far right column. 

[RoomBot]

GOLD!!

Meltem!

[realr0ach]

https://i.imgur.com/4a5vyAA.jpg

WHEN looking into the future.......knowing my ledger sticks and growing fiat value  

better i buy this picture as well

If the Jews approve an ETF the price will probably go up (at least temporarily), but the picture you linked looks more like a "SELL EVERYTHING IMMEDIATELY" signal.  Anytime you see a picture like that, see anyone use the word "lambo", or Elwar used the word "seasted", it pretty much means dump everything.  

Like I said, I would prefer everyone hold and not sell a thing until ETF announcement, then everyone has lots of coins to dump on the Jew's face if they approve it because you know the Yids are going to try and front run their own announcement.  Hell, whether an ETF is approved or rejected probably entirely revolves around which side of the trade is more profitable for them to take.

[mymenace]

As expected

The monkeys are running the asylum

The handlers are under a rock

And the coin has no idea where it wants to go



Currency wars


Think Mt GOX 3.0 but globally

HODL and buy the dip

[fragout]

XRP now down 93% from ATH.  

NEM down 95%.

Look at far right column. 

Its all relative really.
In the last 24 months. Btc is up 10X. Nem is up 16X and Xrp is up 46X

[realr0ach]

Noticed TERA doesn’t post much, if at all now that the price has fallen down so much?

You guys are slow on the uptake.  TERA hinted a while ago that it might be done crashing (but he had no idea), so he probably stuck in an experimental long and is just sitting there in an underwater long while sweating with his finger on the close button lol.  This current bullshit has zero interest for me because it's entirely a rigged casino gulag where the price depends on what some Jew says about an ETF.  You can keep your 100% rigged market.

[mymenace]

XRP now down 93% from ATH.  

NEM down 95%.

Look at far right column. 

Its all relative really.
In the last 24 months. Btc is up 10X. Nem is up 16X and Xrp is up 46X

Takes years, but when one has hedged their bets so much, it is all relative

[realr0ach]

XRP now down 93% from ATH.  

NEM down 95%.

Those numbers are meaningless.  Look at the market cap for Stellar for fucks sake.  It's a completely worthless coin with a 32 BILLION DOLLAR market cap.  Tons of other useless coins with billion dollar market caps too like TRON. Hell, every cryptocurrency is worthless just like fiats are, but some of these things are worthless squared.  

Craptocurrency is obviously still in an enormous, unsustainable bubble, but it's not out of the realm of possibility some Jew will attempt to pump it regardless for more dead cat bounces at any time.  The market cap of all investment grade, above ground physical silver (2 billion ounces) is only $30 billion just to give you a comparison of how laughably overvalued shitcoins are and how undervalued metals are.  In any sort of rational world, the value of things like Stellar will soon be 1/10th to 1/100th what they are now (or zero), while physical silver is +10x - 40x.

[mymenace]

Where we’re going……we don’t need roads.—Christopher Lloyd as Dr. Emmett Brown in Back to the Future
Calling it your job……don’t make it right, boss.—Paul Newman as Luke in Cool Hand Luke
By protecting others……you save yourselves.—Takashi Shimura as Kambei Shimada in Seven Samurai
…if you gotta go, go with a smile.—Jack Nicholson as The Joker in Batman

…make my day.—Clint Eastwood as Harry Callahan in Sudden Impact
Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.—Matthew Broderick as Ferris Bueller in Ferris Bueller’s Day Off
Get them to sign on the line that is dotted.—Alec Baldwin as Blake in Glengarry Glen Ross
Keep your friends close……but your enemies closer.—Al Pacino as Michael Corleone in The Godfather: Part II
Our lives are defined by opportunities……even the ones we miss.—Brad Pitt as Benjamin Button in The Curious Case of Benjamin Button
Try not. Do—or do not. There is no try.—Frank Oz as Yoda in Star Wars Episode V: The Empire Strikes Back


Go the bitcoin

 

[lightfoot]

Wow. I didn't realize how much alts imploded in the past few months. What a mess!

Good time to buy some more bitcoin, I'm wondering if I should use the ATM, or if I should try some localbitcoin thing....

Hm.

[Gyrsur]

1)  Buy BTCitcoin at ATH.
2a) Panic sell if the bear market begins.
2b) Buy back BTCitcoin with all the fiat from the panic sell if the bottom is near.
3)  
4)  Profit!!!

[mymenace]

Why did the airplanes over Germany disappear when the engineers were no where to be seen?
Helps to understand why the market has some panic


Currency Wars can dance to and throw
And is great opportunity for bitcoin to grow

[realr0ach]

Wow. I didn't realize how much alts imploded in the past few months. What a mess!

Alts have not imploded as per my example above how garbage like TRON has a BILLION dollar market cap, and Stellar 32 BILLION.  Only scammers are trying to pretend this market has somehow deflated to some type of "fair value".  I mean, people KNOW housing is an obvious bubble, and prices of houses only need to collapse in half to prevent the system from being totally out of whack, yet you have tons and tons of these worthless craptocoins that need to be 1/100th of what they are now....or zero.

[HairyMaclairy]

XRP now down 93% from ATH.  

NEM down 95%.

Look at far right column. 

Its all relative really.
In the last 24 months. Btc is up 10X. Nem is up 16X and Xrp is up 46X

And any buyer anywhere near ATH is relatively fucked. 

[jonemil24]

When everyone is worried about the price, USDT is slowly climbing. Should I be worried about USDT reaching top 5? I remember when I first wanted BTC to be stable(less swings) until I saw USDT, there's no point in hodling it. It could be a perfect shitcoin to buy a coffee on starbucks.