Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18547.

belmonty

sr. member

Activity: 295

Merit: 250

Quote from: LFC_Bitcoin on June 21, 2016, 02:28:03 PM

We were in the 300's not too long ago, this dump shouldn't bother people too much. The price will rise again significantly after the halving.

Remember you haven't lost anything if you're HODLING.

A week ago I din't think the price would break $700. It's $664 on Bitfinex, which isn't much different to a week ago. The price can't endlessly rise without some corrections, and that's all this is.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

[The next 24 hours are critical]

https://btctrading.wordpress.com/2016/06/21/short-term-update-23/

USB-S

sr. member

Activity: 574

Merit: 250

In XEM we trust

Quote from: JimboToronto on June 21, 2016, 02:34:07 PM

Quote from: LFC_Bitcoin on June 21, 2016, 02:28:03 PM

Remember you haven't lost anything if you're HODLING.

It's amazing how many people fail to grasp that simple fact. Of course the opposite is also true. You haven't gained anything while you're still holding.

If you do nothing while everyone else fucks up, you're going to win regardless.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: LFC_Bitcoin on June 21, 2016, 02:28:03 PM

Remember you haven't lost anything if you're HODLING.

It's amazing how many people fail to grasp that simple fact. Of course the opposite is also true. You haven't gained anything while you're still holding.
____________

Isn't this fun?

rjclarke2000

legendary

Activity: 1358

Merit: 1016

Quote from: LFC_Bitcoin on June 21, 2016, 02:28:03 PM

We were in the 300's not too long ago, this dump shouldn't bother people too much. The price will rise again significantly after the halving.

Remember you haven't lost anything if you're HODLING.

If it gets too low I am going on a spending spree buying them up again.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

We were in the 300's not too long ago, this dump shouldn't bother people too much. The price will rise again significantly after the halving.

Remember you haven't lost anything if you're HODLING.

MySecondCunt

newbie

Activity: 42

Merit: 0

Last chance to buy above 650 ... too late! Cheesy

@LFC_Bitcoin re. "Remember you haven't lost anything if you're HODLING": True, true. That's what all the BBQ coiners and Neo & Bee stockholders are telling themselves.
\/\/\/

shizuska

newbie

Activity: 41

Merit: 0

I think 600USD/4000CNY will hold and we wont fall under that for more than maybe few hours. I predict we will be hovering around 666 on the first of new month.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: MySecondCunt on June 21, 2016, 02:04:40 PM

@Jimbo, why not run to the BTM and score some cheep coinz?

Too old to run. Cheesy

I can wait until just before game time and walk. Of course if the price has risen by then, I'll pass on the BTM and just take a cab to the ballpark.

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: DaRude on June 21, 2016, 01:53:51 PM

Silly kids it's just longs taking profit, fallout from the Finex network meltdown. I'm not glad that it's going down. But i'm ecstatic that $5.6MM in longs have closed Wink

if we keep above $650 when $3MM more close that would be gentleman.

Yup. 5.6mil down, 36.0mil to go.
88% long/12% short.
I remain cautiously optimistic

@Jimbo, why not run to the BTM and score some cheep coinz? Who was it that totally restored public confidence by buying shitloads of blocks back in 1929? Mitchell or some such? Were you around for that?
P.S. Guess what I got in my little blue bucket?

https://s32.postimg.org/rpr2l676t/clements_main_2420002b.jpg

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Are we down to single digits yet? Aw, not even double digits? Roll Eyes

rjclarke2000

legendary

Activity: 1358

Merit: 1016

$32,000 tomorrow Adam?

Dotto

legendary

Activity: 981

Merit: 1005

No maps for these territories

We are having an improbable perfect storm from so many points of view happening in our faces.

Im guessing we hadn´t see the bottom yet, my crystal ball says 617. Then, with the longs smashed, time to quickly coming back to the 700-800 area and beyond.

Healthy

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

Silly kids it's just longs taking profit, fallout from the Finex network meltdown. I'm not glad that it's going down. But i'm ecstatic that $5.6MM in longs have closed Wink

if we keep above $650 when $3MM more close that would be gentleman.

MySecondCunt

newbie

Activity: 42

Merit: 0

Quote from: belmonty on June 21, 2016, 01:39:07 PM

I think it's bullish in the long run. Last year Bitfinex flash crashed down to about $150 and two months later the price mooned to $500. None of the other exchanges flash crashed so low. Today Bitfinex going offline sparked this dump, and I wonder if there will be another moonshot in two months from now. Bitfinex starting a flash crash can precede a moonshot.

I think that's how all markets work. The faster and harder prices crash, the more bullish people become.
That's why some traders offed themselves back in '29, when the market crashed. They couldn't handle becoming so fabulously wealthy Sad

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Tzupy on June 21, 2016, 11:10:36 AM

Quote from: Miz4r on June 21, 2016, 10:40:20 AM

Quote from: strawbs on June 21, 2016, 10:18:49 AM

A correction which was due, but triggered early by Finex panic, perhaps. Either way, up from here.

Not so fast, a correction like this is not resolved within a day. I expect at least a double bottom and perhaps a deeper correction to $610 level or $570. Could take 2 more weeks or longer before we resume the uptrend.

Typically, the market builds a triangle that breaks up. But I believe that mini-rally will become a bit of a bull trap. Wink

A few days ago, it was beginning to seem that bears were almost out of a job, but now they are back, and have a little place in our volatility community.

Surely, we cannot always have up, and even honest bears (to the extent that there are any) are going to admit that remain in a bull trend (probably at least with prices not dipping below the mid-$500s) yet current and pending question remains how much more of a correction are we going to have, here.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

LOL Seems Finex is back to its old tricks. Walls popping up and down like Whack-a-Mole. Grin

Too bad I didn't procrastinate this morning. I could have saved $20. There are a couple of places with BTC ATMs between my place and the SkyDome and I received a little more cash this afternoon so maybe I'll get lucky and get to buy another half coin on my way to the game tonight.

podyx

legendary

Activity: 2338

Merit: 1035

belmonty

sr. member

Activity: 295

Merit: 250

I think it's bullish in the long run. Last year Bitfinex flash crashed down to about $150 and two months later the price mooned to $500. None of the other exchanges flash crashed so low. Today Bitfinex going offline sparked this dump, and I wonder if there will be another moonshot in two months from now. Bitfinex starting a flash crash can precede a moonshot.

DARKHOLDER

hero member

Activity: 659

Merit: 500

Zepher is scammer!:)

Quote from: TReano on June 21, 2016, 01:31:10 PM

seems like it's much more likely that we reach my <480 prediction then all the 1k predictions on the poll here :>

gg

Hope You are wrong Grin

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