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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25069. (Read 26709735 times)

hero member
Activity: 672
Merit: 500
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning

I kinda understand that but why to the downside. Why never up? Is there less money to be made by Bitcoin going up? Hard to imagine.
legendary
Activity: 1862
Merit: 1009
Farewell,300's. Hope I never see you again.

And I hope we get another moon bubble like the one from 1 year back
legendary
Activity: 1568
Merit: 1002
we will pass 400 level on oct 14th


lol, it turned past midnight here and 10 min. later it came true.  Wink

not 14th where i am.. try again.. Roll Eyes lol
hero member
Activity: 748
Merit: 500
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

The difference is back then we were in the middle of a bull run @400$,
but now we are still working on a trend reversal, all it takes is a little patience.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
There's a long way to go yet but $400 is a good first step on the way back up.
hero member
Activity: 714
Merit: 500
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

It's shorters panicking but instead of liquidating their shorts they are borrowing more money trying to squash the price rise. This is pure desperation and he longs know it. I said it $100 ago the sharks are having fun stripping the shorts like a fat pile of meat on a rotisserie. The best part is making the shooters think they are winning
legendary
Activity: 1176
Merit: 1000
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.

That's short leverage for you. Once the longs get momentum and it becomes obvious the low is in then people will stop dumping and start buying.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"

The first parts are really euphoric (blindly optimistic, positive, fun, exponentially progressing...). Then you start to learn about how this all is a big wild roller coaster in both monetary and emotional aspects (prices fluctuate, companies rise and fall while they steal your money and/or BTC and seemingly good guys face jail time, prices crash again, etc, so basically 99.9% of the people lose something or other at the end: time, money, coins, spiritual happiness, positive future outlook..., sometimes all of these at once).
The ending shows how Bitcoin sucked out most the enthusiasm from a main subject of the documentary who was probably one of the very few true Bitcoin supporters who never seemed to gave up. For me, it seemed like he feels really empty now, like he already lost the hope and he just fails to admit it for himself and move on, he just got stuck with Bitcoin but without the spiritual or monetary benefits.


Ahh...
That order I didn't place 1-2 hours ago (because I were listening to Schiff) would be in the green already. Sad
Starting to feel like a real reversal to me.

Janos666:  

I agree with you that the documentary seems to show quite a few difficulties in the bitcoin space and a lot of emotional turmoil of the participants; NONETHELESS, I believe that your review of the documentary is a bit overly pessimistic about what the film depicts.

I posted a review here:  https://bitcointalksearch.org/topic/m.9167034

This wasn't a review, just my impression.
I waited for this movie to make one of my friends watch it. I have been trying to lure him into buying at least a few BTC and trade with me instead of fooling around with the forex and paper gold markets. I know BTC better, he knows markets in general better, so I figure it could be a profitable cooperation for both of us...
Then the torrent came online and I watched it first. I even liked it because I know how it goes (I wasn't an early adopter but I have been around for a while, earlier than my forum account) and it's good as a documentary. But I definitely won't ask that friend of mine to watch it! I sent him links for the Antonopoulos and CFTC hearings instead. The ending was too depressing and that leaves a mark.


Whether you were posting your review or your impression, it adds up to a similar concept.

I posted somewhere else (I believe in the Rise and Rise thread) that the audience seems to be geared towards people who are already acquainted with bitcoin and insiders... surely, I agree with you that the documentary does seems to be too well geared towards helping to assist anyone who may be "on-the-fence" about whether to get started with bitcoin investing.
hero member
Activity: 672
Merit: 500
And they still keep dumping. Crazy.
Last year breaking 400 would result in breaking 450 3 minutes later. Now just dumps. Nothing but dumps. This whole market is 1 big dump.
Imagine letting your coins get worth more. We must do everything to prevent that.
legendary
Activity: 1456
Merit: 1000
we will pass 400 level on oct 14th


lol, it turned past midnight here and 10 min. later it came true.  Wink

What will be the price on December 22?

Will I be flush enough to splash out on Tiffany Christmas presents, or are we talking $1 store stocking fillers all round?
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Absolutely, you are correct.  They will.  But I don't see that as a threat to a blockchain-oriented solution. Consumers may very well be happy to pay, but ultimately, what goes on behind the scenes will migrate towards lower cost solutions, IMO.

In other words, Apple Pay could end up being the gateway to something more efficient.

Don't discount two of Apple's competitors in the market either, Amazon and Google. Google has Google checkout, of course but Amazon is surely not going to let Apple take control here. That could be devastating, particularly to their whole publishing/reader thing they have going on.
legendary
Activity: 1176
Merit: 1000
Wow Finex, people market dumpin 400+ coins. Not bad, but it won´t save their ass

Shorts burning up. Smiley
legendary
Activity: 1260
Merit: 1116
Bitcorn!!!!!!!

I am glad you are the object of desire for a group of large mammals yet again.

Should be a staple of every diet:D
hero member
Activity: 504
Merit: 500
Moderator
Wow Finex, people market dumpin 400+ coins. Not bad, but it won´t save their ass
legendary
Activity: 1680
Merit: 1045
Bitcorn!!!!!!!

I am glad you are the object of desire for a group of large mammals yet again.
sr. member
Activity: 364
Merit: 250
Signing off before we drop from 400.08!  Bye!
hero member
Activity: 644
Merit: 500
A long at $400 can only lose $400.
A short at $400 can lose way more than $400.

Crazy shorts. Cheesy
legendary
Activity: 1176
Merit: 1000
Awesome.

1600 coins to 430 on stamp Smiley
legendary
Activity: 2338
Merit: 2106
we will pass 400 level on oct 14th


lol, it turned past midnight here and 10 min. later it came true.  Wink
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