Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17909. (Read 26656882 times)

like i told you months ago on another currency.. hodl and dont sell. today we are over 3 times the price it was and during the rally we hit 4 times the price. i hope you did HODL

I can handle a year or so of going back to cheap coins. My collection is not yet complete.

I predicted China thing few weeks ago
I told to my friends - "It seems like China will ban Bitcoin soon"
It happens every time ... every time when the price is going up too fast

https://www.youtube.com/watch?v=-hlN2nel5HI
Inspiring
(watch the video )




HODL and BUY

As long as the chinese "Centralbanks" review BTC everytime it hits the 1k$/€ mark, BTC will never hit the xk$/€ mark since there will always be some derpession because of the "investigation"

It is funny how this huge selling off in another part of the world is causing such a commotion all the way where I live.
This is like some end of days stuff for the ones that have 200 btc I would guess to think.
The ones who bought houses during the rally must be living the dream and just laughing right now.

Thanks for the tip

If you're in the US have your dad purchase through itBit. I've found that anything over $5,000 is best to go through them. You have to pay for the wire transfer but the lower exchange percentage makes up for it over $5k.

self quote


this is all very normal.

consider looking at Jan- March 2016 and see the pattern

Of course not. But Bitcoin is too thinly traded, and too overwhelmingly owned by ignorant basement-dwelling neckbeards ^[tm] to be ruled by logic.


Isn't it better this way, rather than borrowing it for one purpose, and sneakily putting it into BTC instead?

I think is it pretty hilarious that in the U.S. there are small and medium cap stocks that are just a volatile as the Bitcoin market, maybe more so, but have also shown a long term upward growth trend.  But for some reason these stocks never get mentioned in the same breath as bitcoin, in terms of them ever being "done" or "dead" when they dump 10-20% or more.  In fact, the news media largely ignores them.

Never have I seen a security such a Bitcoin where FUD and fake stories are used so heavily and so often.  Don't they realize that it doesn't work yet?  People around the world are ignoring the FUD, buying and holding anyway for a long term investment and store of value.

bitcoin, may it rest in pieces.

2009-2017 rip

The first major drop this month was over exaggerated news on China cracking down on bitcoin, when all they did is tell BTC exchanges that they can't market bitcoin with depreciating yuan, and that they should also cut down fake volume and simply warn customers that bitcoin is volatile. Not only does this show China's understanding of bitcoin, but it seems they are also taking a balanced and prudent approach with the long-term view in sight.

This drop seems exaggerated as well, BTCC says everything is business as usual. It is pretty evident by now that China does not intend to ban bitcoin nor limit the exchanges in a meaningful way.

So given what you know you tell me if the drop from $1160 to $790 was justified over the China news alone. It seems like a combination of a much needed correction accelerated by exaggerated fears of China cracking down on bitcoin when they are not. You either believed that bitcoin had no business being at $1000 during the entire run-up or you believed that it was about time, that bitcoin actually deserves to be at $1000 and that it needs to start getting expensive relatively soon for it to be sustainable. If your sentiment turned 180 from the climb to $1000 to now then you're being played by emotions and have no idea what you're doing. If you invested with the long term vision in mind I don't see any reason to panic, this is a gross over exaggeration of China's stance on bitcoin.

Also, I'm not a trader but isn't this the perfect setup for cup and handle?

And also, my dad wants to put $30K into bitcoin, you're welcome. Actually I didn't even convince him, I showed him how much I'm up on bitcoin and he asked me why I'm not selling... you guys know why, I told him there's no limit to the BTC price and things are looking good especially when the rest of the world isn't, and he's been reading up on bitcoin since

Oh, bother. Dinner has been delayed. Again.

Let it go. I'll put my buy orders at 200 just in case.

I think 690 is possible.

This dump must be limited by $725. That will be the level where I'm prepared to seek an entry into highly leveraged long position. U may wish to buy now but there are still multiple technical reasons that are capable of reducing the price to $720.

Nope. Saw it 802 when I checked preev from when I woke up 25 minutes ago.
Now it is steady at 808.
I think it trying to make a rally now that the US markets are coming online for the trading day.

makes cents to trade the short term, i mean if your gonna watch and speculate might as well gamble

Well, an extra early good morning Bitcoinland. Don't normally keep farmers' hours but my sleep routine got a little upset by staying up most of night with a chick on Monday. Good thing too. I have just enough time to go pick up some fiat before my favorite off-exchange Bitcoin vendor opens for business.

Seems we dropped another $100 on news of the PBOC "investigation" going "local"... currently $816 (Bitcoinaverage). Keep buying the dips.



The most important reason is to catch the buyable dips. Snooze, you lose.

Apart from that, it's entertaining.

https://s28.postimg.org/41skag3ot/Market.png

You just need to look at the volume being traded to see whats going on here.

I always thought we would see this and ride the down wave for some profit on the shorts!

I'm guessing we will see level playing field start to pan out around the $750 / $800 mark over the next few days.