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

[jbreher]

This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.

Merited for making me laugh. I'm borrowing the jbreher rule.

'Make me spew? Get a merit!'

wait.. what ??  giving bogus "doom is going to consume us all" type predictions gets you merits?   Don't give the kid in the store a treat when they are acting bad.   You guys are rewarding bad behavior.

You misread. Award is for hilarity.

[Globb0]

I think its highly manipulative of btc. It is terribly failing all kinds of technical analysis as of now I think. There is almost nothing except a bubble that can climb up like a rant at this pace and then fall too at the same pace and then once again rise. I think it's sheer manipulation by some hodlers and nothing else. As per me a correction wave is definitely due which could take the price to 10k or something if it doesn't happens then I think we are repeating 2017-18.

Honey badger don't care!

[JayJuanGee]

I'm starting to lose motivation at work...

I don't have a job. If I did I would do a lap dance in the boss's face until he passed out from the fumes or fired me. I do not think he would 'make it rain'.

Maybe at £50K.

I'm not quite a fuckyoucoiner yet.

If you were to become a fuckyoucoiner at £50K (assuming that we reach that price within the parameters that you are considering threshold reaching worthy) then certainly, you would also have to be prepared for up to a 90% drop in BTC prices, too (whether a temporary condition or otherwise)...

So, yep.. there can be a decent amount of factors to consider about what BTC price would potentially cause you to reach "fuck you" status with an ability to sustain such status without having to return to non fuck you status with your tail between your legs,  and in spite of other possible then future happenings.

[JayJuanGee]

I think its highly manipulative of btc. It is terribly failing all kinds of technical analysis as of now I think. There is almost nothing except a bubble that can climb up like a rant at this pace and then fall too at the same pace and then once again rise. I think it's sheer manipulation by some hodlers and nothing else. As per me a correction wave is definitely due which could take the price to 10k or something if it doesn't happens then I think we are repeating 2017-18.

Honey badger don't care!

Get out of that costume Globb0.  It's beneath your station.

 

[Spaceman_Spiff_Original]

This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.

Merited for making me laugh. I'm borrowing the jbreher rule.

'Make me spew? Get a merit!'

wait.. what ??  giving bogus "doom is going to consume us all" type predictions gets you merits?   Don't give the kid in the store a treat when they are acting bad.   You guys are rewarding bad behavior.

You misread. Award is for hilarity.

It would seem that the current crop of Wall Observers still needs to be educated on the Proudhon phenomenon.

back to the shallow end of the pool noob

[Last of the V8s]

Coinbase fucked!

[criptix]

good lord i closed my longs and didnt put a stop 

[kenzawak]

Hmmm....

[kenzawak]

Did we just lose 1k in 5 minutes ?

[podyx]

[criptix]

Did we just lose 1k in 5 minutes ?

it was 3 and actually 1300 on mex

[infofront]

Tiiiiimberrrrrr!

...Weeeeeeeeeeeeee

[mike4001_]

Bye bye 12k

[mike4001_]

sub 10k in 10 minutes?

[Ibian]

Cool. Sold a bit at 13k-whatevs, good for me.

[criptix]

30% drop would take us to around 9800.

That is where i expect massive support.

[mindrust]

Sky is falling

$1k incoming weeee

[gentlemand]

Meh.

Easy come easy go.

[kenzawak]

I think I'll do that.
We're fine.

[Spaceman_Spiff_Original]

I doubt we'll go down much further for now.

Sold a teensy bit at 13.1k, bought a teensy bit at 12.1k, all good.