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

[jojo69]

savage

[leetlezee]

For those of you looking for a different outlook on today's price movements, Yahoo just posted this article:

https://finance.yahoo.com/news/crypto-market-crash-prompts-suicide-concerns-135248250.html

I think the key part that the Yahoo article did not include or mention is the differentiation between investors who FOMO-ed and got in above their heads and invested money they could not afford to lose, and those who invested in cryptocurrency while remained fully cognisant of the risks.

[JayJuanGee]

For those of you looking for a positive outlook on today's price movements, Yahoo just posted this article:

https://finance.yahoo.com/news/crypto-market-crash-prompts-suicide-concerns-135248250.html

I think the key part that the Yahoo article did not include or mention is the differentiation between investors who got in above their heads and invested money they could not afford to lose, and those who invest in cryptocurrency while fully cognisant of the risks.

How could that be positive, if it is referring to crypto suicide tendencies?

[Rosewater Foundation]

For those of you looking for a positive outlook on today's price movements, Yahoo just posted this article:

https://finance.yahoo.com/news/crypto-market-crash-prompts-suicide-concerns-135248250.html

I think the key part that the Yahoo article did not include or mention is the differentiation between investors who got in above their heads and invested money they could not afford to lose, and those who invest in cryptocurrency while fully cognisant of the risks.

How could that be positive, if it is referring to crypto suicide tendencies?

We ruined a bunch of young people that will never come back.

We hate young people.

[HairyMaclairy]

The article is a capitulation flag, suggesting a bottoming of the market.  Obviously one article isn’t enough but it’s a start.

[leetlezee]

We ruined a bunch of young people that will never come back.
We hate young people.

The stock crash of '09 burned a bunch of millenials on every investing in the stock market, and the crypto-crash of '18 will, I'm sure burn a bunch more people on every investing in crypto.

[gentlemand]

We ruined a bunch of young people that will never come back.

We hate young people.

Who wouldn't? With their bounteous bosoms you can bounce quarters off and johnsons you can hang a ship's anchor on.

That'll teach them not to fuck with their seniors. We may keep our prostates in a glass by the bed, but that doesn't mean we don't have other means of reminding them of where they stand.

[savetherainforest]

YESSSS!!!! EXACTLY!!!! ... That little sh!t with his big Shrek square shaped head!!!

[HairyMaclairy]

The way the entire alt market follows a few Bitcoin whales like a ferret on a leash just goes to show how little substance there is to it.

[Gyrsur]

^^who is this stoned and/or drunken dude above?

[33bitcoin]

My Eth bags

[goldkingcoiner]

I used to think I did not understand you because I thought you were Pros that had deeply professional conversations about concepts I have never heard of. Now I know the truth. You're all on drugs.

[HairyMaclairy]

Dumb bunny uses SIM 2FA and loses $23 m, then sues AT&T.

https://money.usnews.com/investing/news/articles/2018-08-15/us-investor-sues-at-t-for-224-million-over-loss-of-cryptocurrency

[JayJuanGee]

We ruined a bunch of young people that will never come back.
We hate young people.

The stock crash of '09 burned a bunch of millenials on every investing in the stock market, and the crypto-crash of '18 will, I'm sure burn a bunch more people on every investing in crypto.

You are predicting that this current crash is NOT over?

What are the chances that there is another uprun in altcoins and BTC before the BIG CRASH comes?  Do you know?  Can you reasonably presume that this time around is the BIG ONE?

I will concede that a lot of peeps already got reckt, but there are a lot of peeps also who are ready, willing and able to ride out the downwave, assuming that there is going to be another upwave at some point.

Personally, I have my doubts that this current correction is going to be a several year long correction that really weeds out the vast majority of 14 year old crypto speculators.

[savetherainforest]

My Eth bags

Proof yourself with pics or its fake news!!!

[gembitz]

needs a twtr birdie on the middle forehead lol

[leetlezee]

You are predicting that this current crash is NOT over?

What are the chances that there is another uprun in altcoins and BTC before the BIG CRASH comes?  Do you know?  Can you reasonably presume that this time around is the BIG ONE?

I will concede that a lot of peeps already got reckt, but there are a lot of peeps also who are ready, willing and able to ride out the downwave, assuming that there is going to be another upwave at some point.

Personally, I have my doubts that this current correction is going to be a several year long correction that really weeds out the vast majority of 14 year old crypto speculators.

I was actually referring to the crash that already happened, starting at the beginning of this year and continuing on to at least our current point and possibly continuing on through the year(s). I mean, really, who the heck can accurately predict what will happen tomorrow?  

I personally do have some optimism that so far, BTC has strongly held onto $6K as the low point.

But as far as what that means for the future, and at what time BTC will begin to rise in earnest and how quickly or how big the rise will be:

[Last of the V8s]

https://www.bloomberg.com/news/articles/2018-08-15/lovelorn-u-s-bitcoin-etf-fans-may-find-satisfaction-in-sweden
Another ETN, buyable in USD

[Gyrsur]

either you know what you are doing or your talking to a spambot

hmm, nice spermbot!

[Searing]

We ruined a bunch of young people that will never come back.
We hate young people.

The stock crash of '09 burned a bunch of millenials on every investing in the stock market, and the crypto-crash of '18 will, I'm sure burn a bunch more people on every investing in crypto.

You are predicting that this current crash is NOT over?

What are the chances that there is another uprun in altcoins and BTC before the BIG CRASH comes?  Do you know?  Can you reasonably presume that this time around is the BIG ONE?

I will concede that a lot of peeps already got reckt, but there are a lot of peeps also who are ready, willing and able to ride out the downwave, assuming that there is going to be another upwave at some point.

Personally, I have my doubts that this current correction is going to be a several year long correction that really weeds out the vast majority of 14 year old crypto speculators.

myself, it looks a lot like 2014 to say Jan of 2016 a lot of drama, sideways price movement on BTC and LTC and other altcoins. This may take a bit.

My real issue is not a bottom of 6k, it is a bottom of 1k one month, 6k the next, 8k the next then 3k again...that kinda movement would really mess with my mind....it could be that wild maybe?

the whims of btc and crypto are not for mortal men it seems (only the bots know...ie skynet!)