Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6730. (Read 26716497 times)

legendary
Activity: 3794
Merit: 5474
Here we go

Quote
Bitcoin’s 12-year history has been peppered with vertiginous gains and equally sharp drops. It volatility has hampered use for payments and made many larger investors wary.

Backers hoped than in 2020 a more mature market and fewer retail investors have lowered the chances of the kind of crash that followed its 2017 bubble.

Traders cited for the drop the unwinding of highly leveraged positions built up as bitcoin approached its record, as well as tweets by the CEO of major cryptocurrency exchange Coinbase expressing concern at rumours of a regulatory crackdown.
https://www.reuters.com/article/crypto-currency/bitcoin-leads-cryptocurrency-selloff-down-9-7-on-day-at-16-922-idINKBN2860SG

#btfd

Finally gentlemen, it's happening! The FUD is back, baby!

https://www.cnbc.com/2020/11/26/bitcoin-plunges-by-nearly-3000-after-closing-in-on-its-all-time-record.html

FUD like this is the sign. I've been waiting for it to show up.

There will be more FUD like this next year....all year long.

But we are going to the moon.

#BTFD
legendary
Activity: 2296
Merit: 2262
BTC or BUST
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
hero member
Activity: 994
Merit: 707
hero member
Activity: 994
Merit: 707
I suppose the Turkey Prophecy was fulfilled and we did get all time highs before Thanksgiving if you look at the all time high market cap we achieved.  Cheesy

The correction and its timing will mean that the Turkey Fomo by familial nocoiners is highly unlikely at this point. They can always join in some Christmas Fomo.

I think a short term dipping environment is likely in the cards for us for the next several weeks. Hodlers not affected.  Smiley

Golden Bull Runs have corrections along the way to make it more fun. 2021 will see the suicide of many a bear.

Hodl on Boyz (an GayJuanGee troll bots too  Wink)
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Just in case the Mnuchin crap is real... Why dont they apply the same rules to CASH?? Like showing the remaining bills in your cash wallet when you purchase something at retail stores. And asking for detailed info on the seller. I should know who is the new owner of my paper note.  Wink
You're not giving them their cut, that's the problem. And I'm not talking about taxes, I'm talking about the 20% of everything you have going specifically to the Republican "victory" slush fund.

Didn't do that? Well here we are.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Who spooked the honey badger?

nothing spooks the honeybadger.

honeybadger just wandered off to something it found momentarily interesting. it will wander back in a bit.
legendary
Activity: 2186
Merit: 1213
As long as there are whales, there will always be huge ups and downs. Bitcoin was invented to be fair decentralised money but in reality only the players changed. Only if all whales get wrecked, this can turn into a serious und usable payment method. Until then it's just a speculation objekt.
hero member
Activity: 1011
Merit: 721
Decentralize everything
Here we go

Quote
Bitcoin’s 12-year history has been peppered with vertiginous gains and equally sharp drops. It volatility has hampered use for payments and made many larger investors wary.

Backers hoped than in 2020 a more mature market and fewer retail investors have lowered the chances of the kind of crash that followed its 2017 bubble.

Traders cited for the drop the unwinding of highly leveraged positions built up as bitcoin approached its record, as well as tweets by the CEO of major cryptocurrency exchange Coinbase expressing concern at rumours of a regulatory crackdown.
https://www.reuters.com/article/crypto-currency/bitcoin-leads-cryptocurrency-selloff-down-9-7-on-day-at-16-922-idINKBN2860SG

#btfd
legendary
Activity: 1474
Merit: 1087
I'm not into conspiracy theories.. but the mnuchin crap right now looks more than just a coincidence.

Why do every correction need a justification?? The corn was way overbought. Some traders wanted the profits and they unchained the sell off.

Just in case the Mnuchin crap is real... Why dont they apply the same rules to CASH?? Like showing the remaining bills in your cash wallet when you purchase something at retail stores. And asking for detailed info on the seller. I should know who is the new owner of my paper note.  Wink


It's the painted narrativ so the media can connect a few dots and ride the news.

Just wait for CNN to pick up the news on the latest Bitcoin report, lol.
jr. member
Activity: 108
Merit: 2
Wow, that's it? Dump over?

If we don't go down any more than ~$17k we're easily gonna see $25k before christmas

Stupid Americans wake up soon, lets see what they do on Thanksgiving
hero member
Activity: 1011
Merit: 721
Decentralize everything
Wow, that's it? Dump over?

If we don't go down any more than ~$17k we're easily gonna see $25k before christmas
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
Watching this correction play out is boring  Roll Eyes

I think anything below ATH is boring these days...
legendary
Activity: 3122
Merit: 1538
yes
Watching this correction play out is boring  Roll Eyes
hero member
Activity: 994
Merit: 707


"Whose wallet are you sending your money too Mr. Mnuchin?"

The farcical, failing, fiat monetary system never stops throwing up these vomit-worthy hypocrisies.

She will be at a 100k party giving out blowjobs for .003 and taking it in the ass for .006 Mnuchin will be watching like a good little fiat cuck.
hero member
Activity: 994
Merit: 707
Dip buyers kicking ass and taking names.

GayJuanGee sold at 16200 and is now crying salty cunt bear tears.  Grin


https://twitter.com/100trillionUSD/status/1331884814102900737

"The Netherlands implemented these  laws 2 weeks ago. You now have to screenshot your wallet when withdrawing bitcoin from Dutch exchanges, easy but annoying. Make sure you vote people in power that protect property rights and bitcoin, and remove people who don't protect freedom."

If these new regulations actually are imposed by Lame Duck Donald's henchmen then so what, its a nothing burger, just screen shot your wallet and call it a day.

legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
Just in case the Mnuchin crap is real... Why dont they apply the same rules to CASH?? Like showing the remaining bills in your cash wallet when you purchase something at retail stores. And asking for detailed info on the seller. I should know who is the new owner of my paper note.  Wink

Aren't all cash bills in most of the countries property of the central bank? In many places it is even criminal offense to burn them.
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
I'm not into conspiracy theories.. but the mnuchin crap right now looks more than just a coincidence.

Why do every correction need a justification?? The corn was way overbought. Some traders wanted the profits and they unchained the sell off.

Just in case the Mnuchin crap is real... Why dont they apply the same rules to CASH?? Like showing the remaining bills in your cash wallet when you purchase something at retail stores. And asking for detailed info on the seller. I should know who is the new owner of my paper note.  Wink


As some other WO wrote a couple of posts earlier, the rally was losing steam.
Perfect time for traders to liquidate.

https://youtu.be/f8OHybVhQwc?t=64

Knockin' On Heaven's Door

The local Scanian version, sung in my local dialect.
Hated by many, loved by the aficionados.
https://www.youtube.com/watch?v=YX6PN1Jtg2M

Some reggae vibes in there. I like it.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo


"Whose wallet are you sending your money too Mr. Mnuchin?"

The farcical, failing, fiat monetary system never stops throwing up these vomit-worthy hypocrisies.
hero member
Activity: 968
Merit: 624
Still a manic miner
I'm not into conspiracy theories.. but the mnuchin crap right now looks more than just a coincidence.

Why do every correction need a justification?? The corn was way overbought. Some traders wanted the profits and they unchained the sell off.

Just in case the Mnuchin crap is real... Why dont they apply the same rules to CASH?? Like showing the remaining bills in your cash wallet when you purchase something at retail stores. And asking for detailed info on the seller. I should know who is the new owner of my paper note.  Wink






Jump to: