Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25578. (Read 26610701 times)

Where did i mention a bull run happening? The price is the price. But it is obvious the momentum has left the selling. Ultimately very low prices benefit noone except leveraged shorters.

You are asking big questions about the long term outcome of bitcoin based upon very short term market movements, fluctuations really. Far too early to tell how the project will play out. To quote batman from the lego movie, "this is not how batman dies".

The price will turn up. All real selling pressure has left the market, we are just drifting and range trading. When the price fails to keep making major falls and the market turns like it did on a sixpence last week then leveraged shorts are going to be burned badly. Not that they will ever admit it

SOON

they said a few months away a few month ago....

they lie, they are liers,  

Ha, I wouldn't worry about ApplePay - the company I think can only go down from here.  Maybe their stock dropping will trigger the collapse of the stock market altogether.  As unlikely as that is...I guess anything is possible, right?

Whats the ETA on BIT and COIN regulatory approval?

Usually when somebody shorts it does at the top of a bounce or puts tight stops anyway if a bounce comes right after the shorts are opened.

I will be interesting to see how this situation will play out.


I don't think BTC or the idea of a decentralized currency is a bubble in itself, but its price certainly was (is).


Important questions we need to ask ourselves:

If BTC dies, will all decentralized cryptocurrencies die too?


To be honest if ApplePay starts to become utilized by the masses and BTC and all cryptocurrencies will be forgotten (and with them all the advantages that cryptos have over traditional means of payments), well, then we will know there's no hope for humanity.

looks like we are breaking down 

Once we hit $1000 again we can stop the DDOS and let them drive the price down again I'm only halfway serious about this but seriously, if it means a million people make even $1000 each imagine how much that million people would collectively be willing to pay to have it done.

Lot of wishful thinking from bears on here today given the price has 'dipped' all of nothing.

Careful with your shorts boys. Is at least one of you going to be honest and admit you were either stopped out last week in the sudden run up or took a margin call?

 

lol

Isn't that lil over the line..! the one who are selling will look for other options , I don't think we'll be able to control all that..!

Fixed that for you.

agree with you that the current sentiment is far too bullish for a material price rise.

that said, I don't think we crash to 1 $.

Down to my ignore list

Well, since it is clear that Huobi is singlehandedly bringing the price down consistently maybe all we need to do is a constant DDOS on Huobi.  Seems like the only thing that will bring the price up right now...

My 2 cents about this situation is that this is the end of the Bitcoin adventure, and anyone who does not want to see this, has to check his head as soon as possible.

All this "cheap coins" idiotic texts are the source of the Bitcoin price falling down. As you might have been probably noticed, it gets tougher and tougher for the price to recover and raise again. This because, with every crash market loose it's confident more and more in Bitcoin as an investment possibility, and if that happens, it won't matter if you can buy Bitcoins with 300, 200, 100, or 1 USD... eventually it will become worthless. Totally worthless.

Today, all afternoon there was no wall on Bitstamp, yet the price didn't raised a bit. Now a wall appeared too, and definitely will push the price even more down. And before you start yelling "cheap coins", think about it: how many falls a market can survive? I think Bitcoin is really at the edge.

If you also start to think how many people would like to see Bitcoin's death, and how much financial power they have, make the math: Bitcoin is already history. I am sure, that with a few millions of dollars, it can be totally destroyed, price will be pushed so very down, that the entire Bitcoin - project will fall apart.


So enjoy your "cheap coins"... they will get as cheap as 0 soon,  if the market doesn't starts to raise, and I mean REALLY REALLY RAISE. If the price will not show VERY VERY SOON a very drastic upward trend, I am sure that Bitcoin will not be able to survive many more crashes.

Ah, gotcha

The market can put me out of position if I follow your strategy with my holdings.

Agreed that's not today's bet that's post panic, but there's no point dabbling in a falling market to try and catch the small swings up, so I'm saying if you want to keep playing you might as well leave those orders in now and adjust as the landscape changes.