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

[tarmi]

what happened with that 10 k buy wall on houbi?
 

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[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

[justusranvier]

It's amazing how many people who genuinely believe Bitcoin is dead don't have anything better to do with their time than to post on the forum of a dying, failed idea.

If I wasn't so sure that nobody has a reason to lie on the Internet, I might start to question their motives.

[NotLambchop]

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

Overseas?  Everyone selling drugs in the intertubes, of course!  Why u ask?

[Hunyadi]

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.

[noobtrader]

yet the difficulty still rising 

[BBmmBB]

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

Overseas?  Everyone selling drugs in the intertubes, of course!  Why u ask?

bitcoin salts ...why you giving me that crazy look > ?   

[barbs]

holy dump batman!!! :-O

[NotLambchop]

yet the difficulty still rising 

And the price still falling

[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.

^ It appears Stamp is not done dumping  

[ChartBuddy]

Explanation

[JayJuanGee]

...
It is documented on this very thread that I bought in at 301 or thereabouts with a big tranche of cash. ...

It's also documented on this very thread that you were telling people to buy all the way down to 300.  Lucky you yourself didn't have the $ to buy 'til that sell wall popped up, is all I'm saying

Somebody needs to keep these bulltards honest. Thank you NotLambchop

Thank you NOT Notporkchop..... You seem to be trying to be our saviour!!!!!   

[NotLambchop]

^
Nah.  The luls you provide are worth far more than whatever "investment" you're losing.

[Tzupy]

Launch pad got some cracks, but it's not yet over for the bulls, they will have another chance soon.
If they will fail, then the real bear party will start.

[noobtrader]

it seem that whale are testing 349 price range and ppl are taking profit atm.

[brg444]

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.

https://www.bitnet.io/about.html

While you're over here worrying about your measly investment in Bitcoin.

These people, some of which certainly could've been earning 6 figures salaries in traditional fintech companies, are betting their career on a new Bitcoin venture.

They are not early Bitcoin adopters. They are traditional finance vets who can see the bigger picture and realize where the future is headed.

Do you think they care about the price?

[grappa_barricata]

if we break into the 350s it is probable we will go down at least to 320-330 in my opinion...

[NotLambchop]

...
These people, some of which certainly could've been earning 6 figures salaries in traditional fintech companies, are betting their career on a new Bitcoin venture...