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

[adamstgBit]

i' m going to go to sleep early, whats the point of trying to stay up if the dumps come it will be at 3-6AM 

[Raystonn]

lol noobs.
I am an professional cryptotrader and i just went all in. ejoy being left behind y'allz!

Well, I can promise you one thing - we haven't hit a bottom. There is a total lack of volume. Like none. At all.

Nothing about this looks like a reversal. Sure we could go up from here - to maybe the 490s best case scenario. But we sure as hell haven't capitulated. Maybe if we get up some real steam we could. But this is currently the lamest bounce in the history of bitcoin.

you little FUDster you  

People need to understand that this isn't the bottom. Maybe buyers will come in at 440 and that'll be the bottom.

But there is no bottom here. This is just sellers taking a breath.

So, you flat?  Got bids lined up at 440 and lower?

[Davyd05]

How miserable is the board? Haven't been here the last day or two.

Just curious. Is everyone prepared for the possibility of retesting 420, 340 and 260? Is everyone ready to test <$260?

Not saying its going to happen, I'm just saying you might want to PREPARE yourself mentally and emotionally with that reality. You might want to have a gut check NOW instead of waiting until one of those scenarios plays out.

A few months ago when we recovered off the lows at 340 there was a lot of optimism around - things were just playing out like normal. Currently, some people STILL think its playing out like "normal" that we won't go below 420 or 340 or lower. Just can't happen.  Well that MIGHT be true. But what if its not??? ---> are you ready for that possibility??

If I was you, I'd have that conversation with myself soon. Because within the next month, its a possibility.

Bro Bro..or Sis SiS just make sure you got some fiat to buy the flash crashes and ensuing panic...Unless you never really believed in bitcoin...or are Mr. Psychopath day trader? Then dump dump? all day?

 It is pretty cliche to say its the internet of its time, but this innovation in securing, storing, transferring wealth, and the things we will build off of it as it becomes mainstream is truly not fully appreciated by many people. I would imagine so because it's been used for a highly speculative purpose, and buying drugs and some pizza.

[Davyd05]

i' m going to go to sleep early, whats the point of trying to stay up if the dumps come it will be at 3-6AM 

I'll be up...I'll watch them.

[adamstgBit]

lol noobs.
I am an professional cryptotrader and i just went all in. ejoy being left behind y'allz!

Well, I can promise you one thing - we haven't hit a bottom. There is a total lack of volume. Like none. At all.

Nothing about this looks like a reversal. Sure we could go up from here - to maybe the 490s best case scenario. But we sure as hell haven't capitulated. Maybe if we get up some real steam we could. But this is currently the lamest bounce in the history of bitcoin.

you little FUDster you  

People need to understand that this isn't the bottom. Maybe buyers will come in at 440 and that'll be the bottom.

But there is no bottom here. This is just sellers taking a breath.

yes i almost forgot there was an elephant in the room trying to exit.

we haven't been hit with FUD news yet...

[windjc]

lol noobs.
I am an professional cryptotrader and i just went all in. ejoy being left behind y'allz!

Well, I can promise you one thing - we haven't hit a bottom. There is a total lack of volume. Like none. At all.

Nothing about this looks like a reversal. Sure we could go up from here - to maybe the 490s best case scenario. But we sure as hell haven't capitulated. Maybe if we get up some real steam we could. But this is currently the lamest bounce in the history of bitcoin.

you little FUDster you  

People need to understand that this isn't the bottom. Maybe buyers will come in at 440 and that'll be the bottom.

But there is no bottom here. This is just sellers taking a breath.

So, you flat?  Got bids lined up at 440 and lower?

I have bids between 420 and 440, yes. Although, I will keep selling ever bounce until buyers show up. We have bounced a whole $20!!!!!! from lows after dropping $200 in the last week.  Are you kidding me?  

The last bull run from $340 was obviously mostly leveraged longs. That still has to unwind. Still $18million left on BFX.

I want to see buyers come in like they did at $66 in 2013. I need to see something like that. Right now, there is a ghost town on the bid side. Nothing but fucking tumbleweeds everywhere.

[Davyd05]

lol noobs.
I am an professional cryptotrader and i just went all in. ejoy being left behind y'allz!

Well, I can promise you one thing - we haven't hit a bottom. There is a total lack of volume. Like none. At all.

Nothing about this looks like a reversal. Sure we could go up from here - to maybe the 490s best case scenario. But we sure as hell haven't capitulated. Maybe if we get up some real steam we could. But this is currently the lamest bounce in the history of bitcoin.

you little FUDster you  

People need to understand that this isn't the bottom. Maybe buyers will come in at 440 and that'll be the bottom.

But there is no bottom here. This is just sellers taking a breath.

yes i almost forgot there was an elephant in the room trying to exit.

we haven't been hit with FUD news yet...

could always just be the whales couldn't resist fucking with us cause there was no news to hide behind fucking us with lol.

[adamstgBit]

lol noobs.
I am an professional cryptotrader and i just went all in. ejoy being left behind y'allz!

Well, I can promise you one thing - we haven't hit a bottom. There is a total lack of volume. Like none. At all.

Nothing about this looks like a reversal. Sure we could go up from here - to maybe the 490s best case scenario. But we sure as hell haven't capitulated. Maybe if we get up some real steam we could. But this is currently the lamest bounce in the history of bitcoin.

you little FUDster you  

People need to understand that this isn't the bottom. Maybe buyers will come in at 440 and that'll be the bottom.

But there is no bottom here. This is just sellers taking a breath.

yes i almost forgot there was an elephant in the room trying to exit.

we haven't been hit with FUD news yet...

could always just be the whales couldn't resist fucking with us cause there was no news to hide behind fucking us with lol.

or all this is, is bears finaly capitulating " cutting looses now b4 its to late "  

[empowering]

How miserable is the board? Haven't been here the last day or two.

Just curious. Is everyone prepared for the possibility of retesting 420, 340 and 260? Is everyone ready to test <$260?

Not saying its going to happen, I'm just saying you might want to PREPARE yourself mentally and emotionally with that reality. You might want to have a gut check NOW instead of waiting until one of those scenarios plays out.

A few months ago when we recovered off the lows at 340 there was a lot of optimism around - things were just playing out like normal. Currently, some people STILL think its playing out like "normal" that we won't go below 420 or 340 or lower. Just can't happen.  Well that MIGHT be true. But what if its not??? ---> are you ready for that possibility??

If I was you, I'd have that conversation with myself soon. Because within the next month, its a possibility.

Bro Bro..or Sis SiS just make sure you got some fiat to buy the flash crashes and ensuing panic...Unless you never really believed in bitcoin...or are Mr. Psychopath day trader? Then dump dump? all day?

 It is pretty cliche to say its the internet of its time, but this innovation in securing, storing, transferring wealth, and the things we will build off of it as it becomes mainstream is truly not fully appreciated by many people. I would imagine so because it's been used for a highly speculative purpose, and buying drugs and some pizza.

hmmmm drugs and pizza hmmmmm 

I will have coke with that.

[mjk79]

Of all the exchanges which would be the best or most preferred to trade on? Or do people just have accounts on all of them?

MtGox is good.... 

Thanks I'm not quite that new..

[yefi]

Some people say "the blockchain is understructible",

Just before setting the kitchen alight from cooking pork chop sandwiches!

[empowering]

Of all the exchanges which would be the best or most preferred to trade on? Or do people just have accounts on all of them?

MtGox is good.... 

Thanks I'm not quite that new..

Maybe Bitstamp/Coinbase?  where are you based?

[adamstgBit]

i' m going to go to sleep early, whats the point of trying to stay up if the dumps come it will be at 3-6AM 

I'll be up...I'll watch them.

if that hidden wall is sill buying at 3AM,  i'd be buying.

[adamstgBit]

always buying.

[Newbie1022]

i' m going to go to sleep early, whats the point of trying to stay up if the dumps come it will be at 3-6AM 

I'll be up...I'll watch them.

if that hidden wall is sill buying at 3AM,  i'd be buying.

Bro, this market has herpes right now. It's not even a real market. I wouldn't touch this s--- with a ten foot pole for a while.

[Davyd05]

i' m going to go to sleep early, whats the point of trying to stay up if the dumps come it will be at 3-6AM 

I'll be up...I'll watch them.

if that hidden wall is sill buying at 3AM,  i'd be buying.

Broken record.. didn't have money on exchange.. LOL I am going to miss a flash crash or flash recovery .. this is 30-40 under my average buy in price.. Feeling dumber by the moment. It's punishment enough watching such things take place.

[mjk79]

Of all the exchanges which would be the best or most preferred to trade on? Or do people just have accounts on all of them?

MtGox is good.... 

Thanks I'm not quite that new..

Maybe Bitstamp/Coinbase?  where are you based?

US, I'm on Coinbase but I was wondering if there's a better exchange for trading with more options.

[seleme]

How miserable is the board? Haven't been here the last day or two.

Just curious. Is everyone prepared for the possibility of retesting 420, 340 and 260? Is everyone ready to test <$260?

Not saying its going to happen, I'm just saying you might want to PREPARE yourself mentally and emotionally with that reality. You might want to have a gut check NOW instead of waiting until one of those scenarios plays out.

A few months ago when we recovered off the lows at 340 there was a lot of optimism around - things were just playing out like normal. Currently, some people STILL think its playing out like "normal" that we won't go below 420 or 340 or lower. Just can't happen.  Well that MIGHT be true. But what if its not??? ---> are you ready for that possibility??

If I was you, I'd have that conversation with myself soon. Because within the next month, its a possibility.

I thought we are going to moon, you told us so at 650.

[Newbie1022]

I mean, just for f---ing up my life for the past week my dollar valuation of a Bitcoin is discounted at least $50. For f---s sakes, have you no decency whaletards.

[Davyd05]

Of all the exchanges which would be the best or most preferred to trade on? Or do people just have accounts on all of them?

MtGox is good.... 

Thanks I'm not quite that new..

Maybe Bitstamp/Coinbase?  where are you based?

US, I'm on Coinbase but I was wondering if there's a better exchange for trading with more options.

https://www.kraken.com think its run out of San Fran, correct me if I am wrong. Seems like a decent option state side...not sure about fees and such though