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

[ataArt]

Only today discounts are available, do not be shy - we buy

[strawbs]

Selling still not done?

And Job stood up and tore his robe and sheared his head, and threw himself on the ground and did reverence and said “Naked I came out of my mother’s body and naked I go back there. Jehovah gave and Jehovah took. Jehovah’s name be blessed!”

https://en.wikipedia.org/wiki/Capitulation_(surrender)

"We shall fight on the seas and oceans, we shall fight with growing confidence and growing strength in the air, we shall defend our island, whatever the cost may be. We shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills; we shall never surrender."

[soxxx]

Maybe this a unique day is the history of bitcoin, In a few years later when we talk about Bitcoin we will always remember we could buy bitcoins for 5500 in 2020!
However, still there is some panic and emotional behavior during this period of time.
The big reward is only for the believers of the bitcoin when they do believe in their long term big goal.

Usually I would buy more however I would be cautious as people in the United States wake up they will likely be selling more too.

Also a lot of the big buyers are going have their portfolios hit hard by the stock market bleeding out more.

[OutOfMemory]

-major support at 6.4k

Meanwhile the price is currently at $5.9k. GTFO here Nostradamus. You're welcome to continue posting, but expect to get ridiculed if you're trying to argue that $6.4k is still a support level, or any relevant level at all. You were obviously wrong about that.

The herd was buying because of the halvening coming soon.

As usual, do the opposite of what the herd does.

It doesn't work all the time but it works pretty damn well over the long term.

"The herd" has been saying "buy bitcoin" for over 5 years. If you haven't noticed, this is a forum about bitcoin. Your general call was bearish -- so you can take credit for that, today. Tomorrow it may be a different story, and taking credit for anything else in the meanwhile is sheer arrogance.

Bottom line, you don't know anything that anybody else doesn't. You're just a bit more arrogant than most, which for this place, means you're pretty damn arrogant.

As i stated before, "resistance" is completely virtual and, most important, momentarily.
And even if you consider "resistance" as resistance, it slowed down and degraded the dip by several %.
Or did you like to see corn falling to $5k and below?

[JL0]

[akhjob]

Check this address - https://blockchair.com/bitcoin/address/3CU4AYJH23ePNnKsycinP5TSogCNGsyqCc

1000 BTC came into this wallet from 9-10 yr old wallets.
Might be the reason for the dump.
Got this info shared in Telegram.

[Alexander_Z]

The herd was buying because of the halvening coming soon.

As usual, do the opposite of what the herd does.

It doesn't work all the time but it works pretty damn well over the long term.

Now I definitely agree with you here.  All of the talk of ATH due to halvening made it almost inevitable that we'd see a drop. If I've learned one thing with btc, it's that it'll do what everyone least expects.

Exactly. Endless "last chance to buy under XXXX", "buy the dip", "new ATH soon" "$100k next year" since 2018, ad nauseam. When there was a poll about new ATH, I voted 2024 (because of the next halving), but now I think I might have been too optimistic...

[nutildah]

As i stated before, "resistance" is completely virtual and, most important, momentarily.
And even if you consider "resistance" as resistance, it slowed down and degraded the dip by several %.
Or did you like to see corn falling to $5k and below?

Today, thus far, its been more accurate to say that resistance was at $6100, $6000 and $5950... We didn't get our first bounce until about $6100... This guy is claiming the resistance was $6400 just because it fits his previous predictions -- not because the resistance was actually there.

[Lambie Slayer]

Holy overreaction.

Thankfully 60 days till the Halvening and coins are cheap af.

[peonminer]

-major support at 6.4k

Meanwhile the price is currently at $5.9k. GTFO here Nostradamus. You're welcome to continue posting, but expect to get ridiculed if you're trying to argue that $6.4k is still a support level, or any relevant level at all. You were obviously wrong about that.

The herd was buying because of the halvening coming soon.

As usual, do the opposite of what the herd does.

It doesn't work all the time but it works pretty damn well over the long term.

"The herd" has been saying "buy bitcoin" for over 5 years. If you haven't noticed, this is a forum about bitcoin. Your general call was bearish -- so you can take credit for that, today. Tomorrow it may be a different story, and taking credit for anything else in the meanwhile is sheer arrogance.

Bottom line, you don't know anything that anybody else doesn't. You're just a bit more arrogant than most, which for this place, means you're pretty damn arrogant.

As i stated before, "resistance" is completely virtual and, most important, momentarily.
And even if you consider "resistance" as resistance, it slowed down and degraded the dip by several %.
Or did you like to see corn falling to $5k and below?

What are we but Bitcoin masochists?



Sub 1k

http://dickening.com/

How much will Bitcoin need to grow
for McAfee not to shrink?
1,000,000.0000
- 6,002.5567
_________________
$993,997.443

That means Bitcoin will need to grow an average of $3,380 per day between now and The Dickening.


Last Updated : Mar 12, 2020 12:06:00 UTC

1 BTC currently equals $6,002.5567

[Lambie Slayer]

Whatever you do, dont panic sell. Its almost always the worst decision in massive drops. Bargains are for buying.

[JL0]

-major support at 6.4k

Meanwhile the price is currently at $5.9k. GTFO here Nostradamus. You're welcome to continue posting, but expect to get ridiculed if you're trying to argue that $6.4k is still a support level, or any relevant level at all. You were obviously wrong about that.

The herd was buying because of the halvening coming soon.

As usual, do the opposite of what the herd does.

It doesn't work all the time but it works pretty damn well over the long term.

"The herd" has been saying "buy bitcoin" for over 5 years. If you haven't noticed, this is a forum about bitcoin. Your general call was bearish -- so you can take credit for that, today. Tomorrow it may be a different story, and taking credit for anything else in the meanwhile is sheer arrogance.

Bottom line, you don't know anything that anybody else doesn't. You're just a bit more arrogant than most, which for this place, means you're pretty damn arrogant.

As i stated before, "resistance" is completely virtual and, most important, momentarily.
And even if you consider "resistance" as resistance, it slowed down and degraded the dip by several %.
Or did you like to see corn falling to $5k and below?

What are we but Bitcoin masochists?



Sub 1k

http://dickening.com/

McAfee tweeted that he will not eat his own dick on TV

[peonminer]

McAfee tweeted that he will not eat his own dick on TV

[Alexander_Z]

Holy overreaction.

Thankfully 60 days till the Halvening and coins are cheap af.

Actually, it is about 48 months till the halvening that matters. However, the 2020 halvening may still cause a rally from, say, $4k to $8k (the numbers are wild guesses, it may be from $3k to $12k).

[OutOfMemory]

As i stated before, "resistance" is completely virtual and, most important, momentarily.
And even if you consider "resistance" as resistance, it slowed down and degraded the dip by several %.
Or did you like to see corn falling to $5k and below?

Today, thus far, its been more accurate to say that resistance was at $6100, $6000 and $5950... We didn't get our first bounce until about $6100... This guy is claiming the resistance was $6400 just because it fits his previous predictions -- not because the resistance was actually there.

Agree. That didn't come out as clear to me from the previous posts.
I was able to up my BTC holdings by a fraction of my "trading reserve" at an exchange.
I'm prepared now for further rise or fall. Good thing i was at home and had time for SOMA analysis, which made me do the right thing just a couple of minutes before the dump started. I made market rebuys, unfortunately, but the "loss" is not really high, especially in contrast to the gains.

[bitcoinPsycho]

[

[OutOfMemory]

I just fear that almost nobody is in the mood to buy but hodlers.
Most big players will likely stay invested but keep their hands off the buy button.
Average joe will be scared by todays dump 

[Icygreen]

I'm either handling this dip and the virus like a Chad or I'm about to get seriously bent.  
BBQ, scotch, music, SO, health, time. Fuck the world and its problems, don't forget to enjoy yourself.

[Paashaas]

Atleast the premium version of Pornhub is free for Italians now lol

[Wekkel]

https://en.wikipedia.org/wiki/Capitulation_(surrender)

https://i.imgur.com/D09SNt8.png

Nailed it. If this recovers quickly in a day or so, this was the official end of the bear market.

I know I bought more for sure.