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

[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.

[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.

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.

Buying like it is '14/'15 again, but that is just because I am a masochist.

[bitserve]

Source: https://twitter.com/woonomic/status/1069367245715972096

[rolling]

...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.

Kind of silly to call it Bitcoin SV when it is a fork of BCash. It should more accurately be called BCash SV or at least BCHSV. Not sure what the idiots at Coinmarketcap are thinking. Another one of their questionable decisions.

[jbreher]

Since February, started with 4 BTC and has grown to over 450 BTC today.

Congratulations! You've done well for yourself.

Oh... Wait... Lightning system total capacity, you mean. Nevermind.

[Biro Bob]

Coinbase Pro in the UK review.

Someone asked about using Coinbase Pro / GDAX for GBP the other day. I created an account which was validated (driving license and energy bill) within hours. I connected a paid Revolut GBP account which supports faster payments which was also validated within hours (I needed to deposit £2 to prove account)

Since then, I have been very impressed. UI works great on my iPad Pro and deposits from Revolut arrive in less than an hour. i deposited £200 from Revolut at 23:54 which arrived at 0:57. My withdrawal limit is £10,000 per day.

I also like the persistent login from my iPad... so I dont have to keep logging back in.

Review so far 5/5