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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26672. (Read 26623626 times)

full member
Activity: 154
Merit: 100
I feel bad for everyone who sold at < $600 expecting it to drop further.

Why you are feeling bad, market still around 600, so you can't say we are now going upwards.

Pretty much everyone who was going to sell has already done it, except for our bear whale friend who has been dumping incrementally for the last few weeks. The mythical date of July 24 has come, and it was completely natural and healthy for a few holders to get spooked and sell, anticipating a sharp drop. Now that we're stable again at $600, they'll likely buy back in and we'll go up again.

Well, my worry is that we just had a tight contraction in price action that broke to the downside. That could indicate that there is more to come.
legendary
Activity: 896
Merit: 1001
I feel bad for everyone who sold at < $600 expecting it to drop further.

Why you are feeling bad, market still around 600, so you can't say we are now going upwards.

Pretty much everyone who was going to sell has already done it, except for our bear whale friend who has been dumping incrementally for the last few weeks. The mythical date of July 24 has come, and it was completely natural and healthy for a few holders to get spooked and sell, anticipating a sharp drop. Now that we're stable again at $600, they'll likely buy back in and we'll go up again.

We'll cautiously go back up, and then the same thing will happen again. Sharp drop back to 600 range. This will repeat several times until it no longer causes a panic and we enter full fledged bull mode. The last sharp drop will recover in less than 2 hours, and we'll know all the sheep are off the train.
full member
Activity: 154
Merit: 100
I feel bad for everyone who sold at < $600 expecting it to drop further.

Maybe. But what if $560 is next? TV chat -- everyone says $400s incoming.....
sr. member
Activity: 350
Merit: 253
I feel bad for everyone who sold at < $600 expecting it to drop further.

Why you are feeling bad, market still around 600, so you can't say we are now going upwards.

Pretty much everyone who was going to sell has already done it, except for our bear whale friend who has been dumping incrementally for the last few weeks. The mythical date of July 24 has come, and it was completely natural and healthy for a few holders to get spooked and sell, anticipating a sharp drop. Now that we're stable again at $600, they'll likely buy back in and we'll go up again.
legendary
Activity: 1148
Merit: 1001
I feel bad for people not buying any coins right now.  We may very well never see it this low again.  Once the rally starts and then consolidates I think we might never see anything below $1000.

Might? Why so uncertain? Wink

After the next growth spurt there will never be prices below $1k for 10^8 Satoshi, aka 1 BTC, ever again.

I have less faith in Bitcoin than other things. Wink
legendary
Activity: 1148
Merit: 1001
I feel bad for people not buying any coins right now.  We may very well never see it this low again.  Once the rally starts and then consolidates I think we might never see the price below $1000.
legendary
Activity: 2562
Merit: 1064
I feel bad for everyone who sold at < $600 expecting it to drop further.

Why you are feeling bad, market still around 600, so you can't say we are now going upwards.
legendary
Activity: 1148
Merit: 1001
I feel bad for everyone who sold at < $600 expecting it to drop further.

They can just buy back now.

It really isn't that big of a loss at this point.
sr. member
Activity: 350
Merit: 253
I feel bad for everyone who sold at < $600 expecting it to drop further.
legendary
Activity: 2212
Merit: 1199
Anyone else notice the dozens of 0.501 buys on Bitfinex?  Someone is moving us up in stealth mode.

Nothing significant yet, but interesting.

Not really stealth if you spotted it Cheesy
But someone is trying to push it up indeed Wink

Well this is a time when Wall Observing is fun again! Cheesy but I wasn't hopin' for any droppin.. I was predicting a rally instead .... Cheesy

legendary
Activity: 896
Merit: 1000
Anyone else notice the dozens of 0.501 buys on Bitfinex?  Someone is moving us up in stealth mode.

Nothing significant yet, but interesting.
legendary
Activity: 1148
Merit: 1001
Someone start buying or I am going to start talking about religion again!

I am just doing what I can to help here.   Grin
full member
Activity: 182
Merit: 100
Anyone else notice the dozens of 0.501 buys on Bitfinex?  Someone is moving us up in stealth mode.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Just don't tell me we gonna consolidate here at 600 for another month
more like 2 months
legendary
Activity: 2338
Merit: 1035
I hope we aren't gonna consolidate here at 600 for another month
legendary
Activity: 981
Merit: 1005
No maps for these territories
Anybody else think we double bottom here?

second botton has no volume
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 270
Merit: 250
here we go again ... on huobi

edit: okcoin
legendary
Activity: 1512
Merit: 1000
Clever name. Tongue

I like names like that, you know they're not here to have meaningful discussion.  It's almost like a friendly heads up to put them on ignore.
full member
Activity: 154
Merit: 100
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