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

[saekki]

good question: 1) Because I like blue, 2) Because there are colors offered in this forum, 3) Because it helps me find my posts better :-)

If everybody would use colors, this thread would be a mess. Please, stop.

[podyx]

If somebody told me we would be at $375 at this time back in early 2014 I would never believe them

Something just seems terribly off

In some good news, google trends "bitcoin price" and "how to buy bitcoin" is at an ATH since march 2014
Hopefully it will keep pace

[adamstgBit]

the good news is bitcoin is clearly undervalued

the bad news is this is making poeple panic!

[oda.krell]

New low China.

Eh.

[mmitech]

Good lord, are we ever going to find the fkn bottom of this market?  Or just continue to slide $10/week ad infinum?

Unbelievable this crap.

Why is this so unbelievable?
I dont understand why people are so surprised about that. BTCUSD is down about 70% from its high. It is a bear market.

It's always better to follow unbiased technical chart analysis versus letting your emotions "bitcoin love" guide your investment or trading.

I love bitcoin , too. But I have 0 bitcoins right now.

I totally agree with your statement, BTW I am curious about something... why most of your posts are written in blue color ?

good question: 1) Because I like blue, 2) Because there are colors offered in this forum, 3) Because it helps me find my posts better :-)

well one thing for sure, my eyes always catch your posts

[adamstgBit]

this is moment of truth time.

isnt it.

[adamstgBit]

bitcoin is bad the the health.

* chain smoking *

[jaredboice]

Good lord, are we ever going to find the fkn bottom of this market?  Or just continue to slide $10/week ad infinum?

Unbelievable this crap.

Why is this so unbelievable?
I dont understand why people are so surprised about that. BTCUSD is down about 70% from its high. It is a bear market.

It's always better to follow unbiased technical chart analysis versus letting your emotions "bitcoin love" guide your investment or trading.

I love bitcoin , too. But I have 0 bitcoins right now.

I have to call you out on this.  You have zero bitcoins?  Yet you love Bitcoin?  Sorry I don't buy it.  Anyone who actually loves bitcoin understands bitcoin.  Anyone who understands bitcoin knows that you can't always trust technical analysis due to unforeseen events. Even if you were a perfect chart analyst I don't buy it. 

[Wandererfromthenorth]

Good lord, are we ever going to find the fkn bottom of this market?  Or just continue to slide $10/week ad infinum?

Unbelievable this crap.

Why is this so unbelievable?
I dont understand why people are so surprised about that. BTCUSD is down about 70% from its high. It is a bear market.

It's always better to follow unbiased technical chart analysis versus letting your emotions "bitcoin love" guide your investment or trading.

I love bitcoin , too. But I have 0 bitcoins right now.

I have to call you out on this.  You have zero bitcoins?  Yet you love Bitcoin?  Sorry I don't buy it.  Anyone who actually loves bitcoin understands bitcoin.  Anyone who understands bitcoin knows that you can't always trust technical analysis due to unforeseen events. Even if you were a perfect chart analyst I don't buy it. 

If there is an unforeseen event he'll have time to buy back in. Risk/reward.

[macsga]

Good lord, are we ever going to find the fkn bottom of this market?  Or just continue to slide $10/week ad infinum?

Unbelievable this crap.

Why is this so unbelievable?
I dont understand why people are so surprised about that. BTCUSD is down about 70% from its high. It is a bear market.

It's always better to follow unbiased technical chart analysis versus letting your emotions "bitcoin love" guide your investment or trading.

I love bitcoin , too. But I have 0 bitcoins right now.

I have to call you out on this.  You have zero bitcoins?  Yet you love Bitcoin?  Sorry I don't buy it.  Anyone who actually loves bitcoin understands bitcoin.  Anyone who understands bitcoin knows that you can't always trust technical analysis due to unforeseen events. Even if you were a perfect chart analyst I don't buy it. 

I don't think when he types zero btc he means 0.
Proof: https://bitcointalk.org/index.php?topic=781957.msg9056222#msg9056222

[fonzie]

LIVE FROM HUOBI:

[jaredboice]

Good lord, are we ever going to find the fkn bottom of this market?  Or just continue to slide $10/week ad infinum?

Unbelievable this crap.

Why is this so unbelievable?
I dont understand why people are so surprised about that. BTCUSD is down about 70% from its high. It is a bear market.

It's always better to follow unbiased technical chart analysis versus letting your emotions "bitcoin love" guide your investment or trading.

I love bitcoin , too. But I have 0 bitcoins right now.

I have to call you out on this.  You have zero bitcoins?  Yet you love Bitcoin?  Sorry I don't buy it.  Anyone who actually loves bitcoin understands bitcoin.  Anyone who understands bitcoin knows that you can't always trust technical analysis due to unforeseen events. Even if you were a perfect chart analyst I don't buy it. 

If there is an unforeseen event he'll have time to buy back in. Risk/reward.

"Time to buy back in" is highly subjective.  With bitcoin's moves, you could lose 20% in only an hour's time.  

[ChartBuddy]

Explanation

[Walsoraj]

Some protocols are doing fine. 

[mmitech]

Good lord, are we ever going to find the fkn bottom of this market?  Or just continue to slide $10/week ad infinum?

Unbelievable this crap.

Why is this so unbelievable?
I dont understand why people are so surprised about that. BTCUSD is down about 70% from its high. It is a bear market.

It's always better to follow unbiased technical chart analysis versus letting your emotions "bitcoin love" guide your investment or trading.

I love bitcoin , too. But I have 0 bitcoins right now.

I have to call you out on this.  You have zero bitcoins?  Yet you love Bitcoin?  Sorry I don't buy it.  Anyone who actually loves bitcoin understands bitcoin.  Anyone who understands bitcoin knows that you can't always trust technical analysis due to unforeseen events. Even if you were a perfect chart analyst I don't buy it. 

If there is an unforeseen event he'll have time to buy back in. Risk/reward.

"Time to buy back in" is highly subjective.  With bitcoin's moves, you could lose 20% in only an hour's time.  

those days are long gone, where people could make/lose 10-50% in a matter of hours, I think Bitcoin will be a stable and boring investment in the future, we are not there yet, but we will get there without doubts.

[touhonoob]

https://www.tradingview.com/v/7ssFMZmi/
Big news next week?

[mmitech]

Some protocols are doing fine.  

I am facing a problem here, well it is more of dilemma than a problem, to consider Ripple a disruptive technology or not.... with Bitcoin being special because of the decentralized Blockchain technology, ripple doesn't seem  disruptive at anything but rather a "corporate" or "IPO" investment kind of.... so the big questions is: "is it worst investing at all ?"


Edit:one thing I know for sure is that Bitstamp owners made a shitload of money out of it, maybe they made more on Ripple than they made of Bitcoin.

[hdbuck]

https://www.tradingview.com/v/7ssFMZmi/
Big news next week?

[podyx]

https://www.tradingview.com/v/7ssFMZmi/
Big news next week?

A big bull trap?

Really??

[Wandererfromthenorth]

Some protocols are doing fine.  

I am facing a problem here, well it is more of dilemma than a problem, to consider Ripple a disruptive technology or not.... with Bitcoin being special because of the decentralized Blockchain technology, ripple doesn't seem  disruptive at anything but rather a "corporate" or "IPO" investment kind of.... so the big questions is: "is it worst investing at all ?"

No.