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

[El duderino_]

This price action has fucked up my sleep cycle, used to go to sleep 2-3h earlier. Or I can blame it on the WO thread, I think I'm addicted to it.

We all are man!
I speak to you lot more than my gf of 10 years on the evenings

Any way, Boblawblaw is arranging a party on a private island, I remember him saying - Big WO HODLER party when we hit something like $100,000 per coin. Maybe 5-10 years away, hopefully less

that would really be something...... who would show up ?

BOB might be a nice host for such an event, and @ 100k coins it is an all happy crowd i guess

[Kylapoiss]

This price action has fucked up my sleep cycle, used to go to sleep 2-3h earlier. Or I can blame it on the WO thread, I think I'm addicted to it.

We all are man!
I speak to you lot more than my gf of 10 years on the evenings

Any way, Boblawblaw is arranging a party on a private island, I remember him saying - Big WO HODLER party when we hit something like $100,000 per coin. Maybe 5-10 years away, hopefully less

Good for us, a pity for your gf

That's a party I wouldn't want to miss, if I still have some coins then. But like I said a few hundred pages ago, I'd rather live my parents again than sell my coins, fortunately nothing like that is on the horizon

[El duderino_]

Roach at $3k



Roach at $5k



Roach at $10k

please one roach @NEW ATH

??

[BinaryReign]

Fuuuck.

Look at that weekly volume on the volume oscillator at the bottom.  Higher than the February crash.

 
Capitulation volume?
Next stop Pluto?
Spell it out for me damnit I’m not the sharpest bulb ya know?

 

[fairyvibes]

[HairyMaclairy]

Spell it out for me damnit

I don’t know.  Just shorting right now is probable suicide.  Rally to $6k?  Break upwards of $6k?  I have NFI.  I’m staying out.  

[Last of the V8s]

when you muck about with 2000 coins

[BinaryReign]

Spell it out for me damnit

I don’t know.  Just shorting right now is probable suicide.  Rally to $6k?  I have NFI.  I’m staying out.  

lol I’lol take that

[marcus_of_augustus]

sooooooooooooooo ..............






























who sold at the bottom?

[bitmover]

From 3400 to 4100 in the same day!

That's the BTC I know

[bitserve]

Spell it out for me damnit

I don’t know.  Just shorting right now is probable suicide.  Rally to $6k?  Break upwards of $6k?  I have NFI.  I’m staying out.  

TERA said something about "huge high volume drops":

Except that advice is terrible and not how bitcoin works at all. You want to buy bitcoin on huge high volume drops. If it's still dropping slowly on low volume that means you're still on that ramp in like a roller coaster on its peak and the real drop has not even begun yet. It takes volume to turn it back around and start a rally again - volume that you will get down on your knees and pray for.  Get ready to 'just by the frogging dip' on days with volume levels well over 100K which probably correspond to movements around 30% or so.

[gentlemand]

TERA said something about "huge high volume drops":

The poor bugger seems to be proven right each time but is roundly abused for it until he disappears again. Still an annoying poster.

[realr0ach]

Sub 4k again

 

Right as Trollgoossens starts doing laps around the yard celebrating the first no volume dead cat bounce.

[encycrypto]

From 3400 to 4100 in the same day!

That's the BTC I know

Imagine buying at current prices

[LFC_Bitcoin]

TERA said something about "huge high volume drops":

The poor bugger seems to be right each time but is roundly abused for it until he disappears again. Still an annoying poster.

I’ll apologise to him/her when he/she returns. I was a bit rude, mocking his/her predictions which turned out to be close to what transpired.

[bitserve]

TERA said something about "huge high volume drops":

The poor bugger seems to be right each time but is roundly abused for it until he disappears again. Still an annoying poster.

I’ll apologise to him/her when he/she returns. I was a bit rude, mocking his/her predictions which turned out to be close to what transpired.

Fine, sign here:

[Last of the V8s]

Hang on with those apologies.

https://data.bitcoinity.org/markets/volume/7d?c=e&r=day&t=b

[Syke]

that would really be something...... who would show up ?

BOB might be a nice host for such an event, and @ 100k coins it is an all happy crowd i guess

Whatever happened to the $1000 party?

[realr0ach]

Someone try to convince me otherwise that this is not what we are witnessing:

The fact there's no buying volume on any of the drops, or right now when it looks like it's starting to level out (because everyone knows Bitmain will attempt to rig it up above their cost of production), means most of the retail buyers of shitcoins were already all-in at $6500 and had no capability or desire to buy more...which is the entire reason it dropped in the first place.

So who buys at $4000?  The shitcoiners mentioned above who were maxed out going and getting credit cards?  I guess you could claim "someone who sold at $20k".  But if they buy, who are they supposed to dump it on if their prime demographic is already maxed out as mentioned.  

Is everyone sitting around literally waiting for new people to be born to try and induct them into the Ponzi?  Is the answer to start a war so that demographics who refused to buy shitcoins will be killed off and replaced with new demographics willing to buy into the Ponzi?  How does this situation resolve itself? lol.

[Last of the V8s]

that would really be something...... who would show up ?

BOB might be a nice host for such an event, and @ 100k coins it is an all happy crowd i guess

Whatever happened to the $1000 party?

Gox