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

[NotLambchop]

[Wandererfromthenorth]

Explanation

the bid side is broken 

https://www.youtube.com/watch?v=8QJiAK-s5a0#t=02m28s

[ChartBuddy]

Explanation

[abercrombie]

Steady downwards, which is bullish! Explosion soon!

[sidhujag]

The end is nigh, sell up and get out now. Made-up money about to fail, low volume rebound signals further declines on the dow.

EDIT: The made-up money to get out of there isn't bitcoin btw. Apple just hit an all time high during a market correction, that should be a clear enough hint to anyone that there's something wrong with this picture.

Happened with rim marked end of life for company

[ChartBuddy]

Explanation

[grappa_barricata]

oh this fucking market...

[goldsun]

Who are buying bitcoins now? Or do you wait for the price to even be lower or do you sell out everything? I've seen people saying that they fear the fall and end of BTC but many people just claim things they aren't so sure about. I mean that there are companies that does accept bitcoin and I am sure many more will, in the future. They aren't spending money, fiat, on something they don't belive in right. But what do they know that we dont know lol.

[ssmc2]

Who are buying bitcoins now? Or do you wait for the price to even be lower or do you sell out everything? I've seen people saying that they fear the fall and end of BTC but many people just claim things they aren't so sure about. I mean that there are companies that does accept bitcoin and I am sure many more will, in the future. They aren't spending money, fiat, on something they don't belive in right. But what do they know that we dont know lol.

I will be buying tomorrow. It's payday. 

[sidhujag]

litecoin hasnt touched target final confirmation hopefully coming this cycle

[ShroomsKit]

Who are buying bitcoins now? Or do you wait for the price to even be lower or do you sell out everything? I've seen people saying that they fear the fall and end of BTC but many people just claim things they aren't so sure about. I mean that there are companies that does accept bitcoin and I am sure many more will, in the future. They aren't spending money, fiat, on something they don't belive in right. But what do they know that we dont know lol.

For months all the idiots here were praying for cheap coins. Every crash was amazing news. Best thing ever.
They expected that as soon as they bought a few "cheap coins" the price would move to 1k again.

Now they found out those days are over and the price isn't going anywhere but down.
People are getting out. There are no big players waiting to get in. There is no Wallstreet. There is no secret accumulation. It all turned out complete bs.

Bitcoin is dying. The party is over. The only thing it's good for are daily pump and dumps.

Nobody in real life is interested in Bitcoin. Apple pay did in a short time what Bitcoin couldn't achieve in years.
Unless you want to send money overseas and often there is no reason to use Bitcoin.
Average Joe doesn't give a shit about fees or decentralization and all the other Bitcoin selling points.

It's over.

[riiiiising]

Who are buying bitcoins now? Or do you wait for the price to even be lower or do you sell out everything? I've seen people saying that they fear the fall and end of BTC but many people just claim things they aren't so sure about. I mean that there are companies that does accept bitcoin and I am sure many more will, in the future. They aren't spending money, fiat, on something they don't belive in right. But what do they know that we dont know lol.

For months all the idiots here were praying for cheap coins. Every crash was amazing news. Best thing ever.
They expected that as soon as they bought a few "cheap coins" the price would move to 1k again.

Now they found out those days are over and the price isn't going anywhere but down.
People are getting out. There are no big players waiting to get in. There is no Wallstreet. There is no secret accumulation. It all turned out complete bs.

Bitcoin is dying. The party is over. The only thing it's good for are daily pump and dumps.

Nobody in real life is interested in Bitcoin. Apple pay did in a short time what Bitcoin couldn't achieve in years.
Unless you want to send money overseas and often there is no reason to use Bitcoin.
Average Joe doesn't give a shit about fees or decentralization and all the other Bitcoin selling points.

It's over.

He's given up hope. It's official, bottom is in! Time to buy! 

[touhonoob]

https://i.imgur.com/7BHBtNx.jpg

[razorramon]

@shroom
shorting? You are so pathetic

[BBmmBB]

Who are buying bitcoins now? Or do you wait for the price to even be lower or do you sell out everything? I've seen people saying that they fear the fall and end of BTC but many people just claim things they aren't so sure about. I mean that there are companies that does accept bitcoin and I am sure many more will, in the future. They aren't spending money, fiat, on something they don't belive in right. But what do they know that we dont know lol.

For months all the idiots here were praying for cheap coins. Every crash was amazing news. Best thing ever.
They expected that as soon as they bought a few "cheap coins" the price would move to 1k again.

Now they found out those days are over and the price isn't going anywhere but down.
People are getting out. There are no big players waiting to get in. There is no Wallstreet. There is no secret accumulation. It all turned out complete bs.

Bitcoin is dying. The party is over. The only thing it's good for are daily pump and dumps.

Nobody in real life is interested in Bitcoin. Apple pay did in a short time what Bitcoin couldn't achieve in years.
Unless you want to send money overseas and often there is no reason to use Bitcoin.
Average Joe doesn't give a shit about fees or decentralization and all the other Bitcoin selling points.

It's over.

and in all reality: who do you really trust overseas?...& who wants their shitty drugs anyways? =O hmmmm

[BBmmBB]

https://i.imgur.com/7BHBtNx.jpg

nice ... isn't that ..lol~ ummm i've seen that one somewhere before ! ? *cough wink*   

[tarmi]

what happened with that 10 k buy wall on houbi?
 

[edwardspitz]

Fib levels look interresting (at least when I draw them). I hope/think we stabalize here. That last dump on Houbi looked threatening, but maybe it was just the Chinese checking out before bedtime. They deserve a good nights sleep after seeing all that red volume Hopefully they wake up and feel more bullish.

[rokkyroad]

For months all the idiots here were praying for cheap coins. Every crash was amazing news. Best thing ever.
They expected that as soon as they bought a few "cheap coins" the price would move to 1k again.

Now they found out those days are over and the price isn't going anywhere but down.
People are getting out. There are no big players waiting to get in. There is no Wallstreet. There is no secret accumulation. It all turned out complete bs.

Bitcoin is dying. The party is over. The only thing it's good for are daily pump and dumps.

Nobody in real life is interested in Bitcoin. Apple pay did in a short time what Bitcoin couldn't achieve in years.
Unless you want to send money overseas and often there is no reason to use Bitcoin.
Average Joe doesn't give a shit about fees or decentralization and all the other Bitcoin selling points.

It's over.

This is the ugly truth. I don't like to admit it to myself but sometimes you have to give your head a shake and wakeup.

[grappa_barricata]

the volume on this downward movement is significant, kind of affirm that the market is still bearish long-term... like if that huge bid wall at huobi was here to keep the price high while somebody was selling strong