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

[abercrombie]

Crash after Lawsky speaks Sun night at Money2020?

8ball:  Most likely

[podyx]

I'm gonna have to find myself a job and keep pumping fiat into this beast

The paper simply ain't coming easy so gotta try a bit harder

[fonsie]

Crash after Lawsky speaks Sun night at Money2020?

8ball:  Most likely

You're not asking it right, the ball has no idea what will crash.

[ShroomsKit]

Price goes down very slowly... hope that something happen and price will rise up because price is too much low now  

Don't worry. It'll go up eventually and when it does you'll be smiling you 'survived' this bearmarket.
Even all the trolls in here want it to go up once they buy in. They just don't want you to know.

Why will it eventually go up?
Why do so many here act like that is a fact, like it's guaranteed.

Bitcoin is not some company that'll go bankrupt and disappear.
It's a resilient technology that won't go away for many generations to come.

Yeah, certainly never heard that before.

[BlindMayorBitcorn]

The whole world is dumping gold. Bitcoin standing up ok

[fonsie]

I will leave this place soon. Bitcoin is dead, it's only down from here and i sold everything i got quite a while ago so there is nothing for me here anymore.
I tried to help the few delusional bulls who just won't give up but they don't appreciate my warnings very much. Ah well, your money. I don't care really.
I'll come back every 50 dollar drop for some entertainment. So long and thanks for buying my coins at 400. Poor schmucks.

Good luck with your pump and dump coin.

I feel sorry for all the idiots who sold at these ridiculous prices and i will laugh at all the bears who will get caught in trap after trap the coming weeks.

The only winners are the holders (like me) and the people who pick up the last cheap coins while they can.

We're going up and it's confirmed!

[noobtrader]

i think shrroomie has bipolar problem...

[fonsie]

i think shrroomie has bipolar problem...

Not sure which problems he has, but he sure has quite a few.

[macsga]

Get over it; Shroomshie is the only REAL genius around here and probably the ONLY LEGIT way for someone to predict what the price will be within the next couple of mins...  

[NotLambchop]

...
Bitcoin is not some company that'll go bankrupt and disappear.
It's a resilient technology that won't go away for many generations to come...

Yeah.  Resilient, disruptive, revolutionary, groundbreaking P2P technology.

[3x2]

its seems like its going down down and down 

[inca]

its seems like its going down down and down 

It's the weekend, relax.

[ShroomsKit]

The whole world is dumping gold. Bitcoin standing up ok

Yes, it's just fine.
Just a slight correction.

[NotLambchop]

its seems like its going down down and down 

It's the weekend 2014, relax.

FTFY

[ShroomsKit]

its seems like its going down down and down 

It's the weekend, relax.

Just a small weekend correction. Nothing to worry about. We're about to go up.

[ChartBuddy]

Explanation

[molecular]

its seems like its going down down and down  

well, until it doesn't.

I currently hope for a bounce off ~$300 on high volume, painting a higher low (higher than 275). If we subsequently top out somewhere above 420, we'd have a higher high also and one could therefore talk about a trend reversal.

I still entertain the idea that 275 was a V-shaped bottom forming "the" bottom. It fits nicely with past behaviour, but maybe it's naive to think that way.

The bearish case: we slam through 300, 275 (maybe on second go), maybe even 266. If the latter: people will cut their loose in droves and the bears will have a big party. Panic, capitulation and a nasty bottom below the old ATH. Not a pretty sight and quite unlikely imo.

I guess I'm stating the obvious, though.

Interesting times anyways.

[NotLambchop]

...

Frighteningly accurate.

[BlindMayorBitcorn]

...

Frighteningly accurate.

LOL

[fonsie]

...

Frighteningly accurate.

Indeed, it knows you are a degenerate.