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

[jbreher]

WTH happened at Coinbase? I see they are back online now.

Pro never hiccupped. Not for me, anyhoo.

Meanwhile on cryptocurrency subreddit:

-This always happens!!

-Tried to cash in but no luck!!!!

-How convenient! It's almost like they know they can take your money and you have no recourse!!!

My condolences for those who got caught in it. All I can report is my own experience. In this case, pro.coinbase.com user nor affected. I offer no explanation. Maybe just because I was already logged in?

https://www.coindesk.com/coinbase-hit-with-outage-as-bitcoin-price-drops-1-8k-in-15-minutes

They don't say specifically if coinbase pro was affected or not but they do say that " it's internal systems appeared to be functional during that period".....

Not to put a tinfoil hat or anything but robinhood also experienced issues during this period, both coinbase and robinhood are us based exchanges, could it be possible that there are geopolitical forces that don't want or want these outages to restrict a certain market from selling? IDK

Hmmm. All I can report is that I was trading all the way through the underdamped step function. No issues other than cognitive overload trying to keep up.

[JayJuanGee]

But, surely his other statements can be considered comedic nonsense.  Does anyone with any kind of knowledge about bitcoin take "bitcoin is dead" statements seriously these days?

What, you mean we won't get those $10 bitcoins we were promised by economics professor Mark T. Williams?

You are not going to get bitcoins for three digits, either.  Sorry to inform you or anyone else waiting for "cheap" coins.

You heard it here, first.   

[vroom]

nice bounce, keep going!

[JayJuanGee]

Did we just lose 1k in 5 minutes ?

Easy come, easy go.

 

Meh.

Easy come easy go.

Wow.. I am like more than 2.5 hours late in my synchronized thinking (some might label it as copy cat.. hahahahaha).

[JayJuanGee]

Did we just lose 1k in 5 minutes ?

More

Is this the typical "someone sold a lot because it went up"? Or is this the typical "someone sold a lot to trigger stop-losses and buy it back later"? Or is this going to trigger my (wife's) Q2 prediction of $7800?

Hahahahahaha

Blame your inner bear on your wife... 

[jojo69]

underdamped step function

looks like too much stray inductance to me

[JayJuanGee]

Somehow it didn't feel as bad watching Bitcoin drop from 13700 to 11800 as it does from 220 to 160.  Odd

I think we'll be ok.

I wouldn't give a fuck if it dropped to $3k right now in this minute. I would just go all in.

I've seen this game too many times already, I know how it goes.

$3k is a bit much...

$7k would be drastic, and still bullish.

Dropping to $3k might take quite a bit of time to recover from something like that... I'm thinking.

[marcus_of_augustus]

fuck guys this WO place has gone to the shit ... I come back, only 14 pages to catch up on

- NO train memes .. i mean wtf?!

- NO rocket memes ... blah, w/e

- ONE measly fiddle without strings, basically no carolinas or even a solitary CCMF!!

JJG and bearshit arguing some arcane point

- $2000 drop in under 5 gets a yawn, no pants shitting or crying bitcoins only worth yesterday pic

place has gone to the dogs, honestly, pull your socks up or I'm pissing off.

[yefi]

You are not going to get bitcoins for three digits, either.  Sorry to inform you or anyone else waiting for "cheap" coins.

You heard it here, first.   

Only three? You furry old bear.

[jbreher]

fuck guys this WO place has gone to the shit ... I come back, only 14 pages to catch up on

- NO train memes .. i mean wtf?!

- NO rocket memes ... blah, w/e

- ONE measly fiddle without strings, basically no carolinas or even a solitary CCMF!!

JJG and bearshit arguing some arcane point

- $2000 drop in under 5 gets a yawn, no pants shitting or crying bitcoins only worth yesterday pic

place has gone to the dogs, honestly, pull your socks up or I'm pissing off.

You sound salty, MoA. Lose your shorts on an early short?

[lightfoot]

fuck guys this WO place has gone to the shit ... I come back, only 14 pages to catch up on

- NO train memes .. i mean wtf?!

Fine. Here is where Bitcoin is as of today.



And here is a picture of a young female's ass:




Now back to watching bitcoin.

[lightfoot]

Meantime I just ditched a job offer with 60k more money simply because they wanted me to pee in a cup.

Fuck that. I have bitcoins, I'm not putting up with that shit.

[yefi]

- $2000 drop in under 5 gets a yawn, no pants shitting or crying bitcoins only worth yesterday pic

In our defence, Jimbo did post one "only worth yesterday" pic  

[jbreher]

Last panel of the conference. The ultimate bull case for Bitcoin.

Max Keiser, Tuur DeMeester, and that ol' cowboy Jimmy Song.

[El duderino_]

well i think that we'll see dump action soon ... price correction have to be done !

YOU FUCK OFF !!!

we'll see )

Post on your real name then

Micg??






LoL, naaaah I only have one account ...

[El duderino_]

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.

back to the shallow end of the pool noob

[HI-TEC99]

fuck guys this WO place has gone to the shit ... I come back, only 14 pages to catch up on

- NO train memes .. i mean wtf?!

- NO rocket memes ... blah, w/e
...

place has gone to the dogs, honestly, pull your socks up or I'm pissing off.

Happy?

[El duderino_]

If you study the charts and the confirmed data you can clearly see that this marks the end of the short-term, irrational up-trend. We've resumed bitcoin's downtrend. Like I said earlier, $15k is likely unobtainable (on any time-scale). Bitcoin will never set ATHs again. Soon it'll be clear enough to everyone in the market. 2017 was bitcoin's last big move. The downtrend will hold. By 2020 $10k bitcoins will be a dream. 2021, $1k. By the end of that decade bitcoin will be a hilarious memory.

Would love to see your "sources" lol, nice life ... Keep good health with watching BTC movement

[JayJuanGee]

This made me laugh. Good on ya. HODL   BTW congrats on becoming hero!

Thanks. I became hero just before the change. I post much less now, so no chance to get merit.

I have basically the same idea as LFC_Bitcoin, except I'm guessing he has more coins than me.

It’s all about having a nice fiat income so you can live nicely. The money we make from bitcoin can buy the real stuff, big house, holiday home etc.

I need a % of my bitcoin profits to work for me though - i.e. bring money in. Otherwise no matter how much you have you’re just spending bitcoin to live & I don’t want to do that.

I’ll sell about 6BTC at $25,000.
I’ll sell around 50% of my proper stash at $100,000 & invest that properly to make money.
I will then be in a position I never dreamed of until inheritance which will be a long time hopefully.

I owe bitcoin so much. It’s going to make so many of our dreams come true.

Better hope IRS doesn't see you're masterplan here. Yall know they will start coming after people in the coming years.

What does the point of your dumbass post have to do with anything?

You trying to imply that bitcoiners are trying to evade the law?

Trying to ruin dee moo, here... amirite?  We're talking hookers, blow and lambos, and you are ruinin dee moo.   

[El duderino_]

Somehow it didn't feel as bad watching Bitcoin drop from 13700 to 11800 as it does from 220 to 160.  Odd

I think we'll be ok.

I wouldn't give a fuck if it dropped to $3k right now in this minute. I would just go all in.

I've seen this game too many times already, I know how it goes.