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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20235. (Read 26630380 times)

legendary
Activity: 876
Merit: 1000
The drop is too fast to be scary. Increased my position into LTC, PPC, NMC to 50%.
full member
Activity: 158
Merit: 100
So back to $250, then $500 again?
legendary
Activity: 938
Merit: 1002
What has happened with bitcoin prices over the last few days??? It was over $400 last time i checked and only $310 now??? Damn that's a big loss for all the bitcoin holders.
legendary
Activity: 1428
Merit: 1000
Okcoin Futures : Margin Call Loss of 3163 BTC. The insurance fund has 741 BTC. That leaves 2422 BTC.  Welcome Back Socialized losses.  Cheesy
legendary
Activity: 889
Merit: 1013
I guess now is the time to cover / buy since everybody is panicking and thinks BTC will go to $200 again.
That's my thinking.
legendary
Activity: 3808
Merit: 1723
I guess now is the time to cover / buy since everybody is panicking and thinks BTC will go to $200 again.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 531
Crypto is King.
legendary
Activity: 2198
Merit: 1000
Man go over to my girl friends for about 4 hours, come back and we've lost another 40+  Huh

What happened to the bounce lol
hero member
Activity: 840
Merit: 1000
This bounce looks super weak after almost going under $300.

In terms of percentage drop this move was massive too, nearly -20%? Haven't seen that in a long time, not in a single day anyway.

Pretty bearish now myself... I won't be surprised to wake up under $300.
legendary
Activity: 3934
Merit: 11405
Self-Custody is a right. Say no to"Non-custodial"
You know you've been in bitcoin too long when you can laugh as you lose 6 figures... HODL to the end.


To lose 6 figures, you have to have at least 500 coins (if we are assuming a $200 drop in price).

Yet if someone has 500+ coins, they are most likely not going to attempt to trade them all at once, and you would have most likely had difficulties both cashing out and exactly timing the top...

That's what I would call a theoretical paper loss, full of what ifs.    Tongue Tongue



I can feel ya though.   I was certainly feeling a lot richer when BTC hit $500 than i am now with it teetering a little more than $300.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
You know you've been in bitcoin too long when you can laugh as you lose 6 figures... HODL to the end.
legendary
Activity: 910
Merit: 1000
The future are USD but not bitcoin
Give me your lack in confidence or any doge  Grin
That is my next stop after I get off this ride.

full member
Activity: 384
Merit: 117
The future are USD but not bitcoin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 72
Merit: 11
hero member
Activity: 854
Merit: 503
Legendary trader
So Morecoin Freeman, you called this like a demon.

What now?

Was $300 the bottom?

A fucking shit ton of shorts will be needing to exit their trades.....Finex short positions still up at 18K BTC.

In my opinion we are still on the way down (bigger picture).
I think $300 will hold for now and we could see the price move towards ~$350 before the next move down.
This will take multiple days.

Where will the downtrend bottom out and reverse? I don't know yet.
I'm not too sure about exact values. I'm a lot more sure about the bigger picture here.
hero member
Activity: 840
Merit: 1000
This wall observer thread however is pure entertainment. Grin

So Morecoin Freeman, you called this like a demon.

What now?

Was $300 the bottom?

A fucking shit ton of shorts will be needing to exit their trades.....Finex short positions still up at 18K BTC.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
I went against my will of holding forever and sold at $320. Question is, buy now or wait for sub $300?
Wait. This race to $300 ain't stopping anytime soon.

In all my years trading I have won some and lost a lot, but I never won when I waited for everyone to agree on when to buy and sell. If you are doing what everyone else is doing you are probably screwed.
True.
But your screwed if you do and screwed if you don't.
Maybe I will sit this one out. It is making me dizzy. Roll Eyes

lesson from today? ... don't drink supersize vanilla milkshake before riding the rollercoaster
legendary
Activity: 1090
Merit: 1000
This wall observer thread however is pure entertainment. Grin

It really is.

Some pretty cool dudes/dudettes here. I always enjoy following the thread.
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