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

[Xer0]

i hope the coming final capitulation won't affect Litecoin

[1715296646]

1715296646

[falllling]

Placing bids now. Is $350 too greedy or should i stick with the trusty $420?

don't buy at all, we are now heading to a big market crash, bitcoin was/is very overvalue, the price is going to drop harder no matter what price you buy in

[Pump3r]

Placing bids now. Is $350 too greedy or should i stick with the trusty $420?

Go ahead, it won't go below $500 anyway. The only thing that could push it lower would be a major event e.g. another Gox.

So you told me so!! :-D

In one month I'll necro your posting.

[hmmmstrange]

Placing bids now. Is $350 too greedy or should i stick with the trusty $420?

Lets cut it in half, 380 

You are trying to swindle me...... 385 it is then.

[bitgeek]

Placing bids now. Is $350 too greedy or should i stick with the trusty $420?

Go ahead, it won't go below $500 anyway. The only thing that could push it lower would be a major event e.g. another Gox.

So you told me so!! :-D

In one month I'll necro your posting.

Do it by all means. I've been watching bitcoin for over 2 years and I can assure you that it won't break the lows without big negative news.

[gizmoh]

i hope the coming final capitulation won't affect Litecoin

I'm seeing support around 45 CNY for LTC on Okcoin. If it remains higher than 41.25 we will establish a bottom.
As mining difficulty keeps rising steeply (higher cost to mine LTC) and with high level of shorting (i.e traders will need to buy back), buying LTC is currently a good bet actually.

[zby]

For me the pressure down feels like 2011 - long slow slide.

[Tzupy]

For me the pressure down feels like 2011 - long slow slide.

But due to lower seller pressure it's taking a lot longer than in 2011.

[wachtwoord]

Yes, final capitalization it is. Are we all in agreement Bitcoin is done for yet? Yes? Good! Then we can finally rally ....

[deadley]

Placing bids now. Is $350 too greedy or should i stick with the trusty $420?

WTF, 350, no way, It will not going to there ever now.

[Xer0]

Yes, final capitalization it is. Are we all in agreement Bitcoin is done for yet? Yes? Good! Then we can finally rally ....

yes, its final™ capitulation now

[Pump3r]

Yes, final capitalization it is. Are we all in agreement Bitcoin is done for yet? Yes? Good! Then we can finally rally ....

If we would all be agreed we could finally rally, yes.

But we are not!
Was is not the Silk Road Crash? The bounce, that will bounce to the moon? The nasty bear trap before the next uber-bubble.

No. Sorry we can't rally.

[Sandia]

Could we just fall quickly to 550, please?  I would prefer not to wait a week of slow slide before buying back in.

[ChartBuddy]

Explanation

[Xer0]

Could we just fall quickly to 550, please?  I would prefer not to wait a week of slow slide before buying back in.

no, extra slow slide please

have to dump 5× 1k$ miners on the bay first

[ShroomsKit]

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get in.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

[Bittings]

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get it.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

I see your transformation is complete. Enjoy your fiat.

[Pump3r]

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get in.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

Reading this, maybe I should take in considaration, that it is really a bear trap.

[empowering]

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get it.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

Sources? where is the proof for all of this ? just looks like extreme paranoia to me...  or fud for fuds sake... does not appear to be any facts in there that are backed by anything in reality apart from your opinion?  sources please - or at the very least some sensible reasoning if there is any.

[minerpumpkin]

No substantial rebound. I fear this means we'll be staying at this level and probably drop even further. Troubling times ahead :-/