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

[Torque]

Shorts are decreasing as price is decreasing.
The dumps are real panic sellers.

Not even a short squeeze can save us right now.

We don't need any shorts. If we really do go up, bears will buy back, as well. Bears aren't stupid. At least most of them aren't.

But what if this time it's different, and there is no significant bounce?  Suppose sellers just decide to walk away for 2 years?

Isn't buyers buying back what even day traders always expect?  What if they crash a market so hard that people say "Ok I'm done this time."  Then more miner selling, merchant selling, etc.

[riiiiising]

Why are mods deleting threads on here? What do you have to hide?

[adamstgBit]

anything the requires peoples selflessness, to succeed ( if we all hold it will go up ) is doomed to fail. bitcoin will drive that point home. prepare yourselves for new bottom guys. technicals have been broken

[ShroomsKit]

Shorts are decreasing as price is decreasing.
The dumps are real panic sellers.

Not even a short squeeze can save us right now.

We don't need any shorts. If we really do go up, bears will buy back, as well. Bears aren't stupid. At least most of them aren't.

But what if this time it's different, and there is no significant bounce?  Suppose sellers just decide to walk away for 2 years?

Isn't buyers buying back what even day traders always expect?  What if they crash a market so hard that people say "Ok I'm done this time."  Then more miner selling, merchant selling, etc.

It's a scenario that most here don't even consider. Like it's impossible. It's weird so many people think like that.

[Torque]

anything the requires peoples selflessness, to succeed ( if we all hold it will go up ) is doomed to fail. bitcoin will drive that point home. prepare yourselves for new bottom guys. technicals have been broken

And why do you celebrate this?  Are you hoping to be the last man standing in this forum?

[inca]

Why are mods deleting threads on here? What do you have to hide?

Actually I commend blitz on his moderating today. Must be tiresome task.

[adamstgBit]

anything the requires peoples selflessness, to succeed ( if we all hold it will go up ) is doomed to fail. bitcoin will drive that point home. prepare yourselves for new bottom guys. technicals have been broken

And why do you celebrate this?  Are you hoping to be the last man standing in this forum?

yes

i will hold to the bitter end.

even if i have lost all faith now
 

for glory

[Torque]

anything the requires peoples selflessness, to succeed ( if we all hold it will go up ) is doomed to fail. bitcoin will drive that point home. prepare yourselves for new bottom guys. technicals have been broken

And why do you celebrate this?  Are you hoping to be the last man standing in this forum?

yes

i will hold to the bitter end.

Spoken like someone who never bought and held a coin in 2014.  Must be nice.  Same goes for all those that bought only in single and double digits.  Nothing for them to worry about, until the price returns to their levels too.

[Moria843]

It wasn't that long ago (march) we were in the 300s. Then we went up to about 680. BTCgoes up; BTCgoes down.
Don't worry; be happy

If you trust the pattern repeats, then yes, be happy. If you don't believe in analysing lines on a chart. Though, this is scary

I really don't believe in analyzing lines on a chart. There are too may unknown factors. It's like watching all the financial shows and experts and just doing what they say. If that's all it took, everyone would be rich. Also, since they're saying a lot of different things, somebody eventually gets it right but it doesn't mean much. I do enjoy listening though, sometimes you learn something. I've learned how to get in that zone where you're at equilibrium. You can be happy either way because you planned it that way.

The same applies to all of life. When I'm on vacation I stay up late with friends and family, drink, and smoke, and have a good time. After vacation I get tired of smoking and get back into running marathons. I enjoy smoking but only smoke about 2 packs a year. Another example of equilibrium, I enjoy smoking and I enjoy not smoking. But, if you can't handle the down side, or can't control, don't do!

I was also born poor but now very well off. Even if my few hundred BTC went down to 0 it wouldn't change anything. I've already achieved my goal. So I can be happy. I'm doing this for fun. Happiness and fun, isn't that what we all strive for?

[criptix]

if you people are sure it will go much more down it makes no sense to hodl....

better sell now and buy back later


LET IT BURN BABY  

[rebuilder]

why's  btc-e constantly lower than bitstamp? Harder to get money in? Easier to withdraw fiat? Less stringent KYC procedures?

[Hunyadi]

hahahahah you guys are going nuts!

[gentlemand]

why's  btc-e constantly lower than bitstamp? Harder to get money in? Easier to withdraw fiat? Less stringent KYC procedures?

Much more hassle to get USD in and out compared to other exchanges is my guess. You have to go through some weirdo third party services.

[criptix]

anything the requires peoples selflessness, to succeed ( if we all hold it will go up ) is doomed to fail. bitcoin will drive that point home. prepare yourselves for new bottom guys. technicals have been broken

And why do you celebrate this?  Are you hoping to be the last man standing in this forum?

yes

i will hold to the bitter end.

even if i have lost all faith now
 

for glory

i just watched the fifth element yesterday, you kinda resemble the alien that said "for honor" and then detonated the mega bomb.

[alexeft]

If it can go down to $5, I'll buy 100 pieces!!! 

[adamstgBit]

If it can go down to $5, I'll buy 100 pieces!!!  

i'll buy 10K at the very least  

[adamstgBit]

If it can go down to $5, I'll buy 100 pieces!!!  

i'll buy 10K at the very least  

oh wait i don't have that kind of money 

[rebuilder]

why's  btc-e constantly lower than bitstamp? Harder to get money in? Easier to withdraw fiat? Less stringent KYC procedures?

Much more hassle to get USD in and out compared to other exchanges is my guess. You have to go through some weirdo third party services.

If getting fiat in and out is equally difficult, you wouldn't expect it to affect the price, would you? Unless the methods for withdrawing have benefits like anonymity.

[xritam]

why's  btc-e constantly lower than bitstamp? Harder to get money in? Easier to withdraw fiat? Less stringent KYC procedures?

The bots tend to sink everything twice as hard on BTC-e.

[Sandia]

400 shorts opened in the last hour.  I guess the price isn't low enough.