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

[JimboToronto]

There's a long way to go yet but $400 is a good first step on the way back up.

[paul2000]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

The difference is back then we were in the middle of a bull run @400$,
but now we are still working on a trend reversal, all it takes is a little patience.

[kodtycoon]

we will pass 400 level on oct 14th

lol, it turned past midnight here and 10 min. later it came true.  

not 14th where i am.. try again.. lol

[Omikifuse]

Farewell,300's. Hope I never see you again.

And I hope we get another moon bubble like the one from 1 year back

[ShroomsKit]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning

I kinda understand that but why to the downside. Why never up? Is there less money to be made by Bitcoin going up? Hard to imagine.

[razorramon]

@Shroomskit

you really should do something else...you'll get a heartattack before you finish high school

[Blazin604]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

In a way can we view this as a good thing? Isn't slow and steady growth considered " healthier"?

[inca]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning

Having been on the wrong side in the past i can attest it is painful. 10 months of bear market confirmation means some shorts are going to hang on far too long waiting for the bear trend to resume.

[tronic1704]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

These Dumpers but only totally stupid in the head. And if the price continues shoots up, they cry afterwards. It happens to the stupid bear right!

[600watt]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

That's short leverage for you. Once the longs get momentum and it becomes obvious the low is in then people will stop dumping and start buying.

must be hard to break a 10 month habit.

[bengtåke]

Huobi still at $390 wut

[fonzie]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning

+1

[ShroomsKit]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

In a way can we view this as a good thing? Isn't slow and steady growth considered " healthier"?

Sure. No hurry. But non stop people trying to take it down isn't exactly healthy either.

[heartastack]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning

Having been on the wrong side in the past i can attest it is painful. 10 months of bear market confirmation means some shorts are going to hang on far too long waiting for the bear trend to resume.

rinse repeat rinse repeat. It's like re-loading a cannon. Watch the shorts load up and then pulse burst back up. $450 soon.

[itod]

And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

In a way can we view this as a good thing? Isn't slow and steady growth considered " healthier"?

If BTC had a slow and steady growth it would be worth $10 right now. There's nothing slow about bitcoin.

[Robert Paulson]

[inca]

Looks like panic on the shorts, could spike high.

When finex breaks 400 it is ON!

[heartastack]

Fun fact, I started noticing adverts on forums and youtube about 'how to short bitcoin' just around the time of the bottom last week. What a signal.

[Walsoraj]

The next 24 hours are critical; true or false?

[blade87]

Fun fact, I started noticing adverts on forums and youtube about 'how to short bitcoin' just around the time of the bottom last week. What a signal.

I also started seeing plenty of "Do not buy Bitcoin - See where smart Bitcoin investors are putting their money now"

Or something like that.