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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21334023 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. (104 posts by 20 users deleted.)
crypmike
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September 13, 2018, 07:16:01 AM
Last edit: September 13, 2018, 08:23:31 AM by crypmike

Deeper than dot-coms (officially)

As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent.
The tumble has now surpassed the Nasdaq Composite Index’s 78 percent peak-to-trough decline after the dot-com bubble burst in 2000.





https://www.bloomberg.com/news/articles/2018-09-12/crypto-s-crash-just-surpassed-dot-com-levels-as-losses-reach-80


Biggest decline in altcoin marketcap was in 2014  -86% with a total duration of 266 days before a massive bounce.

Today we are sitting at a decline of -85% in 252 days.


https://twitter.com/crypto_rand/status/1040152810497761280


-


The bottom is near..
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September 13, 2018, 08:24:32 AM

Deeper than dot-coms (officially)

As virtual currencies plumbed new depths on Wednesday, the MVIS CryptoCompare Digital Assets 10 Index extended its collapse from a January high to 80 percent.
The tumble has now surpassed the Nasdaq Composite Index’s 78 percent peak-to-trough decline after the dot-com bubble burst in 2000.


https://www.bloomberg.com/news/articles/2018-09-12/crypto-s-crash-just-surpassed-dot-com-levels-as-losses-reach-80


The bottom is near..
BTC is currently 68% down from ATH.
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September 13, 2018, 08:28:30 AM

BTC is currently 68% down from ATH.

This index is about top-10 cryptocurrencies.
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September 13, 2018, 08:31:57 AM


the fall will be slow to 3000, during this time ETH will grow

R/ethtrader will poo their pants when ETH busts that support line just like it busted $300.
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September 13, 2018, 08:33:03 AM




alevlaslo
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September 13, 2018, 08:35:11 AM

the fall will be slow to 3000, during this time ETH will grow










Da fuck outa here with your shitcoin dreams and one liner proclamations.  Back to the ETH forum for you, Пoнимaю?

this is not advertising, but comparison. ETH has a good reasons for growth 
https://bitcointalk.org/index.php?topic=428589.msg45616321#msg45616321
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BTFD, on to 15K a coin !!!!


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September 13, 2018, 08:44:23 AM

^
Better walk with your ETH program ain’t selling SHIT in here if its good in your DUMB opinion then Just buy and get over with it
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September 13, 2018, 08:52:55 AM

BTC is currently 68% down from ATH.

This index is about top-10 cryptocurrencies.
Yes i know - but you talked about a "bottom" for BTC, don't you?
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September 13, 2018, 08:55:50 AM

Yes i know - but you talked about a "bottom" for BTC, don't you?
I meant the whole market)
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September 13, 2018, 08:58:20 AM

Yes i know - but you talked about a "bottom" for BTC, don't you?
I meant the whole market)
BTC is more than 50% of the market.
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September 13, 2018, 09:04:14 AM

https://www.coindesk.com/10-years-after-lehman-bitcoin-and-wall-street-are-closer-than-ever/
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September 13, 2018, 09:10:25 AM






BITMEX IS A PARASITE. HAYES IS SCAMMER.
Squeezing even his lunch money out of you.
2018 face of greed.
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September 13, 2018, 09:15:01 AM

https://twitter.com/btcking555/status/1040163228754632705
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September 13, 2018, 09:46:40 AM

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September 13, 2018, 10:04:13 AM


Is it too obvious to think that everybody who still has BCH is going to dump it & convert to bitcoin which will pump the price of bitcoin?

Or is that stupid because there is likely to be a massive shortage of people wanting to buy BCH? Even the exchanges might de-list it?
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September 13, 2018, 10:47:49 AM


Will we break above the Sept 3 high? 
Or will it be another lower high?
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September 13, 2018, 10:56:57 AM


Will we break above the Sept 3 high?  
Or will it be another lower high?
I honestly don't no
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what is this "brake pedal" you speak of?


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September 13, 2018, 11:23:13 AM
Last edit: September 13, 2018, 11:36:02 AM by vapourminer
Merited by LFC_Bitcoin (1)

Is it too obvious to think that everybody who still has BCH is going to dump it & convert to bitcoin which will pump the price of bitcoin?

Or is that stupid because there is likely to be a massive shortage of people wanting to buy BCH? Even the exchanges might de-list it?

i dumped the bulk of my bcash_lol very early on, kept maybe 20% for a while which i have sold off here and there since. i still have a bit left that ive played with trying to capitalize on its occasion PnD . i image many or most in this thread did similar.

most bcash_lol folks seem to be too brainwashed to understand why its not a solution to scaling, i have a feeling many will just ride it into the ground. of course im sure the bcash_lol guys think the same of us Smiley

so yeah i guess the question remains: will those who do bail on bcash_lol dump it for btc?  a random shitcoin? or exit crypto entirely for fiat/pm/whatever?



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September 13, 2018, 11:30:40 AM
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HairyMaclairy
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September 13, 2018, 11:30:56 AM

So we are bumping our head on the 7 September high.  This is a weak resistance line but volume is generally poor. 



1 day view showing we are in the bottom 40% of the wedge. External wedge lines are strong. Support line from cryptowinter is not yet in play.  


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