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

[mindrust]

I think i am starting to get scared now.

5850

[strawbs]

It's funny thinking back to huge posts from long ago.  When I first made a bookmark for the WO, it was on page 673. Now whenever I come on here, it opens on that page, so I'm destined to see Frozenlock's twitching eyebrows forevermore (unless I were to update my bookmark, but where's the fun in that?).  Leads me to ponder whatever happened to folk who were posting back then.  I sometimes wonder what the ratios are for:

Still Around : Bored of WO and signed off : Got Wrecked and signed off : Made Enough to Retire and Disappeared : Suffered Psychosis and Disappeared : Died

Why use a bookmark?  If you just add the thread to your watch list you won't have this issue.

I like the nostalgia 

[infofront]

I think i am starting to get scared now.

5850

Shit. I got scared when I woke up this morning and saw $6K. Anyway, that newest Masterluc chart shows ~$5,500 as the bottom of the triangle. If we go below that, it's time to get really scared.

[Lambie Slayer]

I haven't thought too much ........

Well, obviously.   



 

This would have been a good zinger GayJG, perhaps your first one yet after taking countless losses at the hands of yours truly.

But.... You chose to use a sexually confused man who prayed the gay away to represent your thoughts in the meme. Hmmm..... not helping with the GayJG label I put on you.  

https://www.huffpost.com/entry/antoine-dodson-no-longer-into-homosexuality-gay_n_3209170

[Cryptotourist]

I think i am starting to get scared now.

5850

Have faith bro, you did well today.

Unless,

If we go below that, it's time to get really scared.

[bitserve]

We are all gonna die... poor.

[peonminer]

U.S. Markets just opened.

Falling.

A lot.

https://youtu.be/mPBzujm-cF8

So sorry, as I've missed you
Hair, I was whipping round
So high up, got my chin up
I don't care if I never come down
I don't care if I never come down

So sorry, as I've missed you
Running with the crazy crowd
I'm climbing, going higher
I don't care if I never come down
I don't care if I never come down
I don't care if I never come down

So sorry, as I've missed you
Hair, I was whipping round
So high up, got my chin up
I don't care if I never come down
I don't care if I never come down

[El duderino_]

I think i am starting to get scared now.

5850

No not you my friend.... you hoping for 4K  

[Cryptotourist]

That's @$5500 and whereabouts.
Also includes closing a daily candle.

Foooook meeeeee...

[Phil_S]

S&P 500 drops 7%, triggering NYSE ‘circuit breaker’ trading halt for 15 minutes

The S&P 500 dropped 7% shortly after the open, triggering a 15-minute “circuit breaker,” which temporarily halts trading at the New York Stock Exchange. The broad index also joined the  Dow Jones Industrial Average in bear market territory. The 30-stock Dow slid more than 1,600 points, or 7.%. The Nasdaq Composite dropped 7%.


On Wednesday, the Dow ended its historic 11-year bull market run by closing in bear-market territory. A bear market marks a 20% decline from all-time highs.

[vapourminer]

That was unexpected!

At previous drops I've often seen "the Chinese" get blamed. This is new, I would say this is a test for Bitcoin as "save haven".

this is a test of bitcoin period.

bitcoin will stand. It's more a test of holders. (not hodlers)

im sure it will survive too. and while i cant say im enjoying all this pain (watched the stock exchange trip the 7% circuit breaker a few minutes ago).. much carnage still on the way.

in just reloading my fiat reserves now for more corn myself as my last buys triggered and im out.

[sirazimuth]

Hmmm....
pretty soon I reckon  I’ll be in the same boat as all those debt ridden millennials...

...with a runny nose....

[AlcoHoDL]

It's so good to observe the drop and don't even blink. Business as usual. This is fine.

True HoDLers need not worry at all. They are already doing well IRL because they're smart and capable individuals. They don't depend on Bitcoin for their everyday expenses -- they've got that covered. They understand the tech behind Bitcoin, they know its significance, and they are certain of what's coming. For them, it's a delayed winning bet that they placed years ago. Payout is delayed, but is almost certain. And it probably won't even be in fiat, when the time comes. 1 BTC = 1 BTC.

HoDL.

[gentlemand]

Leads me to ponder whatever happened to folk who were posting back then.  I sometimes wonder what the ratios are for:

Still Around : Bored of WO and signed off : Got Wrecked and signed off : Made Enough to Retire and Disappeared : Suffered Psychosis and Disappeared : Died

I would love to know those stats too. Many accounts seem to have gotten hacked which could've accounted for them. Plenty lost the plot. I think the smallest number will be those who sold a fortune and then signed out one final time with a salute and a toast.

As for the current price action, bleurgh. It is what it is and I would've been astounded had it been any other way.

[Cryptotourist]

We're still swimming with the whales boyz:

[Tar777]

it only seems at first glance that Russia is cutting the branch on which it sits, in fact, it understands that oil has no value, America simply buys oil without the need to rule everyone, and just prints usd for it. There has long been a technology on the water, this plant was quickly closed https://youtu.be/G3yGjve4mlU

It is a reason

[jojo69]

[peonminer]

Hmmm....
pretty soon I reckon  I’ll be in the same boat as all those debt ridden millennials...

...with a runny nose....

Story checks out.

https://www.reddit.com/r/Bitcoin/comments/fh6y4g/time_to_bring_out_my_old_plan_for_dealing_with/

[mindrust]

Gold is down too btw. Store of Value my ass.

[goldkingcoiner]

There goes all hope for ATH this year.

So a fast drop is possible, a fast pump isn't?? Weird to look at it.

Possible, sure. Probable? No. Especially with the corona scare. I think we are looking at another year of sideways.



edit: Don't listen to me. Really, I am just pissed at the fact I have no fiat to buy coin.