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

[WeltMaster]

Bullmarket off 

 

[Tzupy]

This is good, I hope all the Chinese exchanges get shut down finally.

Dumb question but why?

To buy really cheap (possibly double digit) coins?

[NotLambchop]

looking at the breach of $357 I feel bery vearish !

Berry good!

[Torque]

Lemme help some of you new guys out.  Whenever you see things like market price setting at a fake number like $399.99 379.99, and it sits there for more than 12-24 hours without going up, you can bet that a dump is incoming.

You're welcome.

_{(I hate this stupid market, but still hodl for life)}

Ahem.

Right again.  This supposedly unpredictable market has become so predictable.

I'm just gonna leave this little reminder in bold here again.  Sorry to be so pessimistic, but that's what 11 months of downturn will do to a bull like me.  I have witnessed this same action time and time again.

Hope the market will prove me wrong tho.

Nope, right again.  This shit is just getting too easy.

Right again.  I'm a fkn Nostradamus.

[ChartBuddy]

Explanation

[LFC_Bitcoin]

This is good, I hope all the Chinese exchanges get shut down finally.

Dumb question but why?

To buy really cheap (possibly double digit) coins?

My dilemma would be that I have quite a decent amount of coins in cold storage, I'm at a loss on pretty much all of them.
I must be 2000-3000 GBP down on my overall investment into the btc world.
If the price did crash massively I most likely wouldn't bother buying any more, I don't want to lose any more money.

I'm probably going to HODL my stash for years & either prosper or go down with my sinking ship

[abercrombie]

[N12]

Lemme help some of you new guys out.  Whenever you see things like market price setting at a fake number like $399.99 379.99, and it sits there for more than 12-24 hours without going up, you can bet that a dump is incoming.

You're welcome.

_{(I hate this stupid market, but still hodl for life)}

Ahem.

Right again.  This supposedly unpredictable market has become so predictable.

I'm just gonna leave this little reminder in bold here again.  Sorry to be so pessimistic, but that's what 11 months of downturn will do to a bull like me.  I have witnessed this same action time and time again.

Hope the market will prove me wrong tho.

Nope, right again.  This shit is just getting too easy.

Right again.  I'm a fkn Nostradamus.

You should really become a trader instead of a jaded hodler/perma complainer, then you'd channel your energy from complaining to doing something productive, and if you really have a good track record plus good money management, then you will be able to make a lot of money.

[NotLambchop]

The two big Shroomsy hypocrisies:

I. Accuse others of being idiot sellers and traders. Be idiot trader and seller yourself.
II. Accuse others of acting like they know the future. Act like you know the future yourself.

Should we donate to get him a good psychiatrist?

Reasonably priced...

[JorgeStolfi]

This is good, I hope all the Chinese exchanges get shut down finally.

Your wish may be granted soon.  The Chinese traders must be dumping and leaving the market, that is the easiest explanation for the 800$ to 370$ drop since January.  Still another 200$ down to go, I would guess, and then the Chinese Years will be over.

[NotLambchop]

...
I'm probably going to HODL my stash for years & either prosper or go down with my sinking ship

Hurray!!!1!

[hdbuck]

This is good, I hope all the Chinese exchanges get shut down finally.

Dumb question but why?

To buy really cheap (possibly double digit) coins?

who teh f#ck would sell @double digit?!

[micky123]

Now that the US has put out a notice for auction of 50000 BTC, i see big investors and whales dumping to bring down the price so that they can buy in cheap and pickup those 50K coins. Something similar to what happened when they announced the sale the last time. My only issue is, once the price settled down it did not move up as quickly as everyone anticipated. Could this mean another long drawn bear run? Don't know for sure, but im buying in when these coins are cheap and hoping that the price starts rising once the auction is done and dusted. My 2 satoshi.

[NotLambchop]

...
who teh f#ck would sell @double digit?!

Everyone who didn't sell @triple digits

[tarmi]

This is good, I hope all the Chinese exchanges get shut down finally.

Dumb question but why?

To buy really cheap (possibly double digit) coins?

who teh f#ck would sell @double digit?!

satoshi?

or someone who paid @single digit.

...


so, chinese gox bites the dust. one of them at least.

300 here we come!

[Torque]

Lemme help some of you new guys out.  Whenever you see things like market price setting at a fake number like $399.99 379.99, and it sits there for more than 12-24 hours without going up, you can bet that a dump is incoming.

You're welcome.

_{(I hate this stupid market, but still hodl for life)}

Ahem.

Right again.  This supposedly unpredictable market has become so predictable.

I'm just gonna leave this little reminder in bold here again.  Sorry to be so pessimistic, but that's what 11 months of downturn will do to a bull like me.  I have witnessed this same action time and time again.

Hope the market will prove me wrong tho.

Nope, right again.  This shit is just getting too easy.

Right again.  I'm a fkn Nostradamus.

You should really become a trader instead of a jaded hodler/perma complainer, then you'd channel your energy from complaining to doing something productive, and if you really have a good track record plus good money management, then you will be able to make a lot of money.

So I should become a day trader like you, and trade bitcoin on the dumps until it goes back to $50?  Or even $5?  Yeah, that would be a great time.  That way you and I will be the last 2 bitcoin holders on earth by the end, because no one else will care about bitcoin anymore.  Good times.

[bobboooiie]

This is good, I hope all the Chinese exchanges get shut down finally.

Your wish may be granted soon.  The Chinese traders mining farms must be dumping and leaving the market, that is the easiest explanation for the 800$ to 370$ drop since January.  Still another 200$ down to go, I would guess, and then the Chinese Years will be over.

[N12]

So I should become a day trader like you, and trade bitcoin on the dumps until it goes back to $50?  Yeah, that would be a great time.  That way you and I will be the last 2 bitcoin holders on earth by the end, because no one else will care about bitcoin anymore.  Good times.

I'm not a day trader. My timeframe is much longer than that. I'd probably term myself a position trader. Why is the only word you guys know about trading "day trader"?

I take it you don't like treating yourself well and are more of a socialist who likes to sacrifice himself for others. That's fine too.

[NotLambchop]

[tarmi]

This is good, I hope all the Chinese exchanges get shut down finally.

Dumb question but why?

To buy really cheap (possibly double digit) coins?

who teh f#ck would sell @double digit?!

satoshi?

or someone who paid @single digit.

...


so, chinese gox bites the dust. one of them at least.

300 here we come!

Fastes way to get money out of exchanges are bitcoins... just saying  

only if withdrawals are working.