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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25727. (Read 26609897 times)

full member
Activity: 238
Merit: 100
This doesn't feel like a bottom at all. I would look for a hard bounce up in the $350 range after a flash crash on BFX. If a hard bounce doesn't happen there then Jesus Christ. But, I'd imagine that range will be our bottom and we'll see mid-400s before the end of the week from there.
newbie
Activity: 50
Merit: 0
Damn markets are upside down again, no better time to buy yet gold, silver and btc are being hammered.
sr. member
Activity: 704
Merit: 270
sr. member
Activity: 502
Merit: 251
Problem, bulltards ?
hero member
Activity: 714
Merit: 500
I was expecting long stops to be set around 399, but there weren't many.  Longs are actually up 700k for the hour.

No cascade, for now.

They are looking for it, the push down is accelerating. I think the stops are at $340. Does the manipulator have enough BTC to get us down there? Could be massive capitulation down towards 290 after that but I would expect a sharp reversal followed by flattening out at ~320. That will be a good entry point.
full member
Activity: 182
Merit: 100
I was expecting long stops to be set around 399, but there weren't many.  Longs are actually up 700k for the hour.

No cascade, for now.

Well btc is strong i think we will not brake the 380-370 because there is allot of holders there and they will not sell any of BTC Smiley

 Grin 340.
newbie
Activity: 59
Merit: 0
if stamp breaks into the 3xx - we are screwed

i call bottom at 392...

The bottom is calculated long ago, browse around. It's the price it costs to mine BTC with electricity cost that most miners pay, currently somewhere around $280.

Do you have link? Because that would be really cool
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
if stamp breaks into the 3xx - we are screwed

i call bottom at 392...

The bottom is calculated long ago, browse around. It's the price it costs to mine BTC with electricity cost that most miners pay, currently somewhere around $280.

So just variable costs, no fixed onces?
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
hello darkness my old friend
legendary
Activity: 1974
Merit: 1077
Honey badger just does not care
if stamp breaks into the 3xx - we are screwed

i call bottom at 392...

The bottom is calculated long ago, browse around. It's the price it costs to mine BTC with electricity cost that most miners pay, currently somewhere around $280.
hero member
Activity: 504
Merit: 500
Moderator
I was expecting long stops to be set around 399, but there weren't many.  Longs are actually up 700k for the hour.

No cascade, for now.

Well btc is strong i think we will not brake the 380-370 because there is allot of holders there and they will not sell any of BTC Smiley

It doesn´t take many sellers if there are not enough buyers!
legendary
Activity: 3808
Merit: 1723
I closed a part of my short from $500 at $395.

I actually was expecting a larger spike down to $350-380 with the stops/margin calls getting set off.

I think from this area might be a temporarily bounce.

Seems most of the selling was accelerated by LTC/CNY
hero member
Activity: 784
Merit: 500
I was expecting long stops to be set around 399, but there weren't many.  Longs are actually up 700k for the hour.

No cascade, for now.

Well btc is strong i think we will not brake the 380-370 because there is allot of holders there and they will not sell any of BTC Smiley
full member
Activity: 182
Merit: 100
I was expecting long stops to be set around 399, but there weren't many.  Longs are actually up 700k for the hour.

No cascade, for now.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
The Lowest low since the last bubble is 339.79 (Bitstamp ) if we break that in the next couple of weeks, holders consider your selves fucked big time.
full member
Activity: 182
Merit: 100
legendary
Activity: 2688
Merit: 1240
What actually is happening:  Wink


legendary
Activity: 1148
Merit: 1001
things you own end up owning you
Irrational dumps... check.
More than 50% "This user is currently ignored." posts... check.
New threads with "bagholder" in title... check.
Bankers buttboys detected.
Probable result, replacement of SDR with bitcoin delayed by approximately 2 months.
Suggested action, eat popcorn.



despair.... check
delusion... check
denial....check

conclusion: no conclusion, just humans being humans.
newbie
Activity: 59
Merit: 0
Here comes the rebound Smiley

That unbelievable bounce back.

 Grin Cheesy Cool Cheesy Grin
legendary
Activity: 1512
Merit: 1005
War on the supply side terrorists! Kill the extremists, before they kill us!
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