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

[upupup]

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.

I'm selling in localbitcoins.com and today got 3 massive buys because of the price drop. Dont believe such people like ShroomsKit because they dont believe that they're talking about.

[rjp55]

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.

Laugh? You were pumping in big buy orders at $680. Now selling for much less. Who are you to laugh? And interesting how your perspective of Bitcoin does a complete 180 in like 6-8 weeks.

[Pump3r]

Holy fucking shit, this panic is so hilarious. I think it's time to buy a few more coins.

There's enough space for a lot more panic. When it rains, it pours. And it merely started to rain a few coins.

[barbs]

My one btc is not getting sold. I'm going down with the ship even if I have to sell my house to stay afloat.  /violins

[empowering]

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

why ? what is your logic?  Seems to me much the same in the big world of Bitcoin ?

I do not get it ... is the price only allowed to go up or "all is doomed" ?

what do you view as troubling times ahead?

His logic is that the price is going down and people stopped buying. Can't be too hard to figure out unless you are in denial.

Funny how I asked you for your logic, and you decide to answer for someone elses logic, with more of your own unsubstantiated feelings...

The price has gone down- wow - y'know markets/price does actually do that from time to time... I am not sure you have noticed... can't be too hard to see unless you are hard of sight/ short of memory.

[Asrael999]

Dump looks like it happened around the same time the news came out that the European Court of Justice has been asked to rule on whether transactions with bitcoin should be VATable.
If they rule yes it will pretty much kill BTC in the eurozone.
this has been brought about because Swedish tax authorities are challenging the swedish court ruling that said VAT should not be charged
Case is C-264/14 Skatteverket v David Hedqvist according to the bloomberg article

[Pump3r]

My one btc is not getting sold. I'm going down with the ship even if I have to sell my house to stay afloat.  /violins

For one btc you should not sell your house. Or are you living in a garden shed? ;-)

[bananaControl]

Holy fucking shit, this panic is so hilarious. I think it's time to buy a few more coins.

There's enough space for a lot more panic. When it rains, it pours. And it merely started to rain a few coins.

The manic fixation on the short term price is of no importance to the overall decentralized revolution that stands before us. I would absolutely love to see more panic, and I will be buying all the way down. Can bitcoin fail? Of course it can, but is it likely to do so in the light of the development we have seen in this past half year? no. Will it's death be caused by a short term price crash? no, of course not.

[ShroomsKit]

Holy fucking shit, this panic is so hilarious. I think it's time to buy a few more coins.

Please do. It will be hilarious to watch as the we go down every day.
But i doubt you will. All this talk about buying up cheap coins and all i see is the price going down.
Where are all these people buying up those cheap coins?

[dreamspark]

hilarious. i know it is not the best place for this kind of advice, but if i was you i would rather focus on my education(school) than spamming this thread and wasting my time in hope that the value of the 2 btc that you claim to have goes to the moon

*facepalm.

You do realise he was joking...?

[findftp]

My one btc is not getting sold. I'm going down with the ship even if I have to sell my house to stay afloat.  /violins

You should fill in the poll https://bitcointalk.org/index.php?topic=619621

[falllling]

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.

Correct, those scammers are trying to fool more people to buy so they can dump their own bags

[minerpumpkin]

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

why ? what is your logic?  Seems to me much the same in the big world of Bitcoin ?

I do not get it ... is the price only allowed to go up or "all is doomed" ?

what do you view as troubling times ahead?

We're not necessarily doomed. I remain mid/long-term bullish. But revisiting the $572 support isn't a good thing. The more often we test this support, the more likely it will break at some point. And we may leave long term uptrend channels that way. I'd be kinda bummed if we really entered a definitive bear market again...

[falllling]

Holy fucking shit, this panic is so hilarious. I think it's time to buy a few more coins.

Please do. It will be hilarious to watch as the we go down every day.
But i doubt you will. All this talk about buying up cheap coins and all i see is the price going down.
Where are all these people buying up those cheap coins?

they are saying this at $1000 $800 $700 $600 $572 and will go on...
most of them are not going to buy even a single coin, they know bitcoin is going to die

[Pump3r]

Holy fucking shit, this panic is so hilarious. I think it's time to buy a few more coins.

There's enough space for a lot more panic. When it rains, it pours. And it merely started to rain a few coins.

The manic fixation on the short term price is of no importance to the overall decentralized revolution that stands before us. I would absolutely love to see more panic, and I will be buying all the way down. Can bitcoin fail? Of course it can, but is it likely to do so in the light of the development we have seen in this past half year? no. Will it's death be caused by a short term price crash? no, of course not.

Oh dear! I'm a troll! Don't you see you can't seriously argue with me?!

But, but...okay :-(

I agree ;-)

[ShroomsKit]

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

why ? what is your logic?  Seems to me much the same in the big world of Bitcoin ?

I do not get it ... is the price only allowed to go up or "all is doomed" ?

what do you view as troubling times ahead?

We're not necessarily doomed. I remain mid/long-term bullish. But revisiting the $572 support isn't a good thing. The more often we test this support, the more likely it will break at some point. And we may leave long term uptrend channels that way. I'd be kinda bummed if we really entered a definitive bear market again...

This isn't the beginning of a bear market. This is the beginning of the end. The is the getting out before it becomes totally worthless market. Some will realize this now, some will when we go under 100. Which group are you part of?

[empowering]

Holy fucking shit, this panic is so hilarious. I think it's time to buy a few more coins.

Please do. It will be hilarious to watch as the we go down every day.
But i doubt you will. All this talk about buying up cheap coins and all i see is the price going down.
Where are all these people buying up those cheap coins?

they are saying this at $1000 $800 $700 $600 $572 and will go on...
most of them are not going to buy even a single coin, they know bitcoin is going to die

The magical "them" & "they"

[empowering]

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

why ? what is your logic?  Seems to me much the same in the big world of Bitcoin ?

I do not get it ... is the price only allowed to go up or "all is doomed" ?

what do you view as troubling times ahead?

We're not necessarily doomed. I remain mid/long-term bullish. But revisiting the $572 support isn't a good thing. The more often we test this support, the more likely it will break at some point. And we may leave long term uptrend channels that way. I'd be kinda bummed if we really entered a definitive bear market again...

This isn't the beginning of a bear market. This is the beginning of the end. The is the getting out before it becomes totally worthless market. Some will realize this now, some will when we go under 100. Which group are you part of?

You are funny.

[bananaControl]

This isn't the beginning of a bear market. This is the beginning of the end. The is the getting out before it becomes totally worthless market. Some will realize this now, some will when we go under 100. Which group are you part of?

I think it is time for this again.

[Pump3r]

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

why ? what is your logic?  Seems to me much the same in the big world of Bitcoin ?

I do not get it ... is the price only allowed to go up or "all is doomed" ?

what do you view as troubling times ahead?

We're not necessarily doomed. I remain mid/long-term bullish. But revisiting the $572 support isn't a good thing. The more often we test this support, the more likely it will break at some point. And we may leave long term uptrend channels that way. I'd be kinda bummed if we really entered a definitive bear market again...

This isn't the beginning of a bear market. This is the beginning of the end. The is the getting out before it becomes totally worthless market. Some will realize this now, some will when we go under 100. Which group are you part of?

Such despair! This dog freakin' out!

Please somebody stop him! :-D