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

[MelMan2002]

Well, since it is clear that Huobi is singlehandedly bringing the price down consistently maybe all we need to do is a constant DDOS on Huobi.  Seems like the only thing that will bring the price up right now...

[Darkmatter12]

My 2 cents about this situation is that this is the end of the Bitcoin adventure, and anyone who does not want to see this, has to check his head as soon as possible.

All this "cheap coins" idiotic texts are the source of the Bitcoin price falling down. As you might have been probably noticed, it gets tougher and tougher for the price to recover and raise again. This because, with every crash market loose it's confident more and more in Bitcoin as an investment possibility, and if that happens, it won't matter if you can buy Bitcoins with 300, 200, 100, or 1 USD... eventually it will become worthless. Totally worthless.

Today, all afternoon there was no wall on Bitstamp, yet the price didn't raised a bit. Now a wall appeared too, and definitely will push the price even more down. And before you start yelling "cheap coins", think about it: how many falls a market can survive? I think Bitcoin is really at the edge.

If you also start to think how many people would like to see Bitcoin's death, and how much financial power they have, make the math: Bitcoin is already history. I am sure, that with a few millions of dollars, it can be totally destroyed, price will be pushed so very down, that the entire Bitcoin - project will fall apart.


So enjoy your "cheap coins"... they will get as cheap as 0 soon,  if the market doesn't starts to raise, and I mean REALLY REALLY RAISE. If the price will not show VERY VERY SOON a very drastic upward trend, I am sure that Bitcoin will not be able to survive many more crashes.

Down to my ignore list

[S3052]

My 2 cents about this situation is that this is the end of the Bitcoin adventure, and anyone who does not want to see this, has to check his head as soon as possible.

All this "cheap coins" idiotic texts are the source of the Bitcoin price falling down. As you might have been probably noticed, it gets tougher and tougher for the price to recover and raise again. This because, with every crash market loose it's confident more and more in Bitcoin as an investment possibility, and if that happens, it won't matter if you can buy Bitcoins with 300, 200, 100, or 1 USD... eventually it will become worthless. Totally worthless.

Today, all afternoon there was no wall on Bitstamp, yet the price didn't raised a bit. Now a wall appeared too, and definitely will push the price even more down. And before you start yelling "cheap coins", think about it: how many falls a market can survive? I think Bitcoin is really at the edge.

If you also start to think how many people would like to see Bitcoin's death, and how much financial power they have, make the math: Bitcoin is already history. I am sure, that with a few millions of dollars, it can be totally destroyed, price will be pushed so very down, that the entire Bitcoin - project will fall apart.


So enjoy your "cheap coins"... they will get as cheap as 0 soon,  if the market doesn't starts to raise, and I mean REALLY REALLY RAISE. If the price will not show VERY VERY SOON a very drastic upward trend, I am sure that Bitcoin will not be able to survive many more crashes.

agree with you that the current sentiment is far too bullish for a material price rise.

that said, I don't think we crash to 1 $.

[Boxman90]

Down to my ignore list
LA-LA-LA CAN'T HEAR YOU, LA-LA-LA, MY PERSONAL BUBBLE REALITY IS KING AND TRUTH, LA-LA-LA

Fixed that for you.

[rohnearner]

Well, since it is clear that Huobi is singlehandedly bringing the price down consistently maybe all we need to do is a constant DDOS on Huobi.  Seems like the only thing that will bring the price up right now...

Isn't that lil over the line..! the one who are selling will look for other options , I don't think we'll be able to control all that..!

[Wandererfromthenorth]

Down to my ignore list
LA-LA-LA CAN'T HEAR YOU, LA-LA-LA, MY PERSONAL BUBBLE REALITY IS KING AND TRUTH, LA-LA-LA

Fixed that for you.

lol

[inca]

Lot of wishful thinking from bears on here today given the price has 'dipped' all of nothing.

Careful with your shorts boys. Is at least one of you going to be honest and admit you were either stopped out last week in the sudden run up or took a margin call?

 

[MelMan2002]

Well, since it is clear that Huobi is singlehandedly bringing the price down consistently maybe all we need to do is a constant DDOS on Huobi.  Seems like the only thing that will bring the price up right now...

Isn't that lil over the line..! the one who are selling will look for other options , I don't think we'll be able to control all that..!

Once we hit $1000 again we can stop the DDOS and let them drive the price down again I'm only halfway serious about this but seriously, if it means a million people make even $1000 each imagine how much that million people would collectively be willing to pay to have it done.

[adamstgBit]

looks like we are breaking down 

[Wandererfromthenorth]

I will be interesting to see how this situation will play out.


I don't think BTC or the idea of a decentralized currency is a bubble in itself, but its price certainly was (is).


Important questions we need to ask ourselves:

If BTC dies, will all decentralized cryptocurrencies die too?


To be honest if ApplePay starts to become utilized by the masses and BTC and all cryptocurrencies will be forgotten (and with them all the advantages that cryptos have over traditional means of payments), well, then we will know there's no hope for humanity.

[Wandererfromthenorth]

Lot of wishful thinking from bears on here today given the price has 'dipped' all of nothing.

Careful with your shorts boys. Is at least one of you going to be honest and admit you were either stopped out last week in the sudden run up or took a margin call?

 

Usually when somebody shorts it does at the top of a bounce or puts tight stops anyway if a bounce comes right after the shorts are opened.

[coins101]

Whats the ETA on BIT and COIN regulatory approval?

[MelMan2002]

I will be interesting to see how this situation will play out.


I don't think BTC or the idea of a decentralized currency is a bubble in itself, but its price certainly was (is).


Important questions we need to ask ourselves:

If BTC dies, will all decentralized cryptocurrencies die too?


To be honest if ApplePay starts to become utilized by the masses and BTC and all cryptocurrencies will be forgotten (and with them all the advantages that cryptos have over traditional means of payments), well, then we will know there's no hope for humanity.

Ha, I wouldn't worry about ApplePay - the company I think can only go down from here.  Maybe their stock dropping will trigger the collapse of the stock market altogether.  As unlikely as that is...I guess anything is possible, right?

[adamstgBit]

Whats the ETA on BIT and COIN regulatory approval?

SOON

they said a few months away a few month ago....

they lie, they are liers,  

[inca]

I will be interesting to see how this situation will play out.


I don't think BTC or the idea of a decentralized currency is a bubble in itself, but its price certainly was (is).


Important questions we need to ask ourselves:

If BTC dies, will all decentralized cryptocurrencies die too?


To be honest if ApplePay starts to become utilized by the masses and BTC and all cryptocurrencies will be forgotten (and with them all the advantages that cryptos have over traditional means of payments), well, then we will know there's no hope for humanity.

You are asking big questions about the long term outcome of bitcoin based upon very short term market movements, fluctuations really. Far too early to tell how the project will play out. To quote batman from the lego movie, "this is not how batman dies".

The price will turn up. All real selling pressure has left the market, we are just drifting and range trading. When the price fails to keep making major falls and the market turns like it did on a sixpence last week then leveraged shorts are going to be burned badly. Not that they will ever admit it

[inca]

Lot of wishful thinking from bears on here today given the price has 'dipped' all of nothing.

Careful with your shorts boys. Is at least one of you going to be honest and admit you were either stopped out last week in the sudden run up or took a margin call?

 

Yeah, incredible bull run is happening, market is rock solid. Even I was on the way to think that some bears are getting equal delusional like bulltards, but you are topping always all of the dudes. Worse than a troll (like me).

Where did i mention a bull run happening? The price is the price. But it is obvious the momentum has left the selling. Ultimately very low prices benefit noone except leveraged shorters.

[Darkmatter12]

Whats the ETA on BIT and COIN regulatory approval?

SOON

they said a few months away a few month ago....

they lie, they are liers,  

Kill them with fire

[Eric Cartman]

We are going nowhere but down.


Weekend dump gonna dump

[BitChick]

It seems odd that we are back at $400 again.  It probably has more to do with capitulation and how these bubble consolidations work than any other theory, but I still can't help but wonder if there are bigger players at work that are trying to keep the price "stable" or low for whatever reason.  If these entities really do value Bitcoin's long term growth I would think that they would want to pump up the price a bit though instead of having those that have purchased coins and invested in BTC thinking, "it is going nowhere" and "We will never see $xxx.xx again."  These newbies might just pull out their money and walk away, out of boredom or the belief that Bitcoin isn't doing anything.  That belief in itself causes the price to not move.

All that said, are these whales, manipulators, companies, or whoever is keeping the price low, just shooting themselves in the foot by doing this?  At some point they really need to let the price increase to improve the value of the coins they have I would think.  (Unless they really don't care about the long term value of BTC anyways and are just trying to turn a quick profit.  If that is the case they are terribly short sided I believe.)

[mmitech]

What if those 2.8k at 420 were a real bid from a millionaire who chose that number because he is happy and stoned tonight?

EDIT: While I was writing this, Loaded came up and posted a cryptic happy face again. Not implying anything here  

Since when we give a fuck about loaded ? I wouldn't be posting smiley faces when holding that amount of coins, his investment is losing value while he is watching, even if he bought @ less than $10...
 







Edit: I just realized that I accidentally answered an old post.