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

[Dogboy714]

If I HODL, it can never go to zero! Stay strong my sisters and brothers - it's always darkest before the dawn...

[babanana]

hodllllllllll.

until it goes down to 0, just hodllll guys.

Its cyclic. It goes up then goes down then will go up again. If you are scared sell yours.
It's only a matter of timing, when do you enter that cycle.

Some hold caring nothing about the price cycle. Those are the holders I admire.

Some hold until price reach their target. Then repeat.

[HairyMaclairy]

BCH has bounced back over SV.  They are trying to get Bcash bunnies to FOMO from one to the other. 

[d_eddie]

I'm thinking of cashing out the bcashABC short just to play it safe.

The BTC long is suffering quite badly, but it's been reduced on the way down.
On the other hand, the BTC short - I'm sorry to say - is doing quite fine. Harvesting a little at a time and adding back to the position as soon as it goes up.

TL;DR I wish they did some of that sweet short rekting more often.

Just bought some physical. Keeping a few bullets ready if it goes further south.

[jojo69]

I'm feeling like maybe I should have been following Bob's testicular desensitization regimen these last few months.

[Patel]

Requesting whales to please buy

Worked in 2013.

Requesting whales to please buy

Requesting whales to please buy again. Whale call of 2018.

Lets add an appropriate soundtrack to this price doom. Lyrics fit the bear's situation so well.

http://youtu.be/DeumyOzKqgI?t=29s

[rolling]

Requesting whales to please buy

Worked in 2013.

Requesting whales to please buy

Requesting whales to please buy again. Whale call of 2018.

Lets add an appropriate soundtrack to this price doom. Lyrics fit the bear's situation so well.

http://youtu.be/DeumyOzKqgI?t=29s

Whales are buying everything thrown at them but there's no point paying more than necessary if CSW, Ver, and Jihan are going to sell for cheaper. Nobody else is really selling at these prices except maybe day traders.

Miners are going bankrupt left and right, they aren't going to flush 4 years worth of BTC profits down the drain now to save their businesses.

The weak hands sold a long time ago and hodlers don't give a fuck.

Once the egomaniacs run out of ammo the price will steadily rise each day. Who knows how much ammo they have though or how much damage they are willing to do to crypto to satisfy their egos.

[bitebits]

The market is very strange. Whenever there is a seller there will be one buyer, and they both think they are smart.

I disagree for at least for the retail investors: selling at this stage is mainly lead by fear, while the ones now buying are the crazy ones believing in Bitcoin's value. It takes way more balls and conviction buying in this relentless bear market.

[Wekkel]

It’s brutal price discovery and that is good. Bitcoin is just as useful as $6,000 or any other price. It should stand on its own legs, even if that is at much lower prices.

The journey is the experience, not the result.

[VB1001]

Good morning, friends, tonight has been hard, my entry into Bitcoin was in August 2017, I am now in the line of flotation, I have sold the boat and I have bought a submarine, I am still buying.

Do not despair, this will not last forever, we will return to the surface.

It has been a pleasure to meet you these days, when I return I hope to continue increasing my merit to reach very soon a beautiful hat and to become part of this community with full rights !!!



Greetings see you on the surface !!!

[criptix]

Im smelling some panic 

[bitserve]

This is not even funny anymore.

[criptix]

Oh also, BTC YTD: -74,5%

The BTC YTD from the bottom of the last rally (14.01.15) was: -77%

[rolling]

Im smelling some panic 

I think there has been a fair share of depression too, we'll see...

[babanana]

The market is very strange. Whenever there is a seller there will be one buyer, and they both think they are smart.

I disagree for at least for the retail investors: selling at this stage is mainly lead by fear, while the ones now buying are the crazy ones believing in Bitcoin's value. It takes way more balls and conviction buying in this relentless bear market.

You lose smaller on bear market than in bull.

Lets say I got my coins at 3k then bear market continuous and dropped to 2k, I lose only 1k per coin, that is if I got tired of hodling. Unlike in bull market, when you fomo'ed and got your coins at 15k then market corrected to 10k, you lose 5k a piece. Market now is so repressed that hammering it to lower price takes a lot more. Don't think any holder would sell at loss unless you want to buy more down below like whales do.

I'd be happy to take more coins at lower price. Its not balls at all. Don't think no one is buying at bear market, they are. I am.

Don't give up on your coin so easily.

[PoolMinor]

[imghttps://i2.wp.com/fifthperson.com/wp-content/uploads/2016/01/Psychology-of-Market-Cycles.jpg[/img]

Im smelling some panic  

I think there has been a fair share of depression too, we'll see...

I believe that was denial in disguise.

Oh also, BTC YTD: -74,5%

The BTC YTD from the bottom of the last rally (14.01.15) was: -77%

History rarely repeats, but it does rhyme. Bigger factors at play now.
http://0ye0gncqg772o.com/
 

[wayna]

So... it's happening guys. Sinking again as predicted. Now the question is how much it will bottom before recovering, again I would say no more than 2.5k.

[bitserve]

[imghttps://i2.wp.com/fifthperson.com/wp-content/uploads/2016/01/Psychology-of-Market-Cycles.jpg[/img]

Im smelling some panic 

I think there has been a fair share of depression too, we'll see...

I believe that was denial in disguise.

Yup, it clearly was just denial.

[rolling]

[imghttps://i2.wp.com/fifthperson.com/wp-content/uploads/2016/01/Psychology-of-Market-Cycles.jpg[/img]

Im smelling some panic  

I think there has been a fair share of depression too, we'll see...

I believe that was denial in disguise.

Yup, it clearly was just denial.

I deny that it was denial

[wayna]

...and Bitcoin SV is pumping, it remembers me the game between BTC and BCH when big players were shorting and pumping money shaking the market.