Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[jojo69]

here we go, this one might just do it

this is a nightmare

no dude, this is necessary, this is good

[Wekkel]

Summary:STRONG SELL
Moving Averages:SELLBuy
Technical Indicators:STRONG SELL

Classic   13104.0   
RSI(14)   38.571   Sell
Bull/Bear Power(13)   -379.7780   Sell

Ha ha, selling after the selling has already occurred. I would also consider advising to buy when no one is buying at the top.

[YourMother]

it's too damn expensive to transfer to dump!

haha all the indian taxi drivers are now the bag holders

Exactly what i was saying. These arrogant cocksuckers (geniuses because they only experienced up and up) who just try to leech off bitcoin and have never experienced a bear market need to be erased from Bitcoin and stay in their place, as cab drivers.

[Peter R]

Finally, it gets interesting. 

[Karpeles]

How long until 300k unconfirmed transactions?

[milkshock100]

The master did claim 10k would be tested again.

The problem is he warned us that the bubble was over if we tested 10k from 20k rather than 17k, which is what is looking like is going to happen here.


‘But the price can simply stupidly drown the bubble further. And in that case, I strongly doubt that we will see something more than 20-30k any more. Because 10k is not tested, it means that we will fall on it no matter where. And if with 30 we fall to 10, then the bubble caput. And if from 17 to 10, it seems like no. ‘

where do you guys find out about his predictions? does he have a twitter account or something?

Go to analysis thread

[Peter R]

The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50.  If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000. 

[yonton]

When are the buyers coming? I was fine at 13500 but now it's getting crazy

[orpington]

When are the buyers coming?

later?

[DaRude]

Satoshi is this you? Have you been drinking with Loaded again? Where's Adam when you need him. Thinking now we're getting in the oversold territory blood is getting on the streets time to slowly start accumulating, set your bids gentlemen

[BlindMayorBitcorn]

The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50.  If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000. 

Very noble of you.

[Aventhe]

The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50.  If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000. 

The thing is that all other coins are down, so its not just a BTC-crash alone, but something else in the environment too. Or I may be entirely wrong.

[somac.]

Go to analysis thread

Thanks

[Phil_S]

Damn, by drop calculations expired rather quickly. We're at 2/3 of ATH level now.

For comparison, if we'll take this drop
4941.7 -> 3011.2

and multiply it by 4, it would look like
19766.8 -> 12044.8

[yonton]

The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50.  If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000. 

Very noble of you.

I'm pretty sure bitcoin should become more stable with this size market cap compared to 2013

[BlindMayorBitcorn]

The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50.  If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000. 

Very noble of you.

I'm pretty sure bitcoin should become more stable with this size market cap compared to 2013

That's what I thought!

[Peter R]

The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50.  If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000. 

The thing is that all other coins are down, so its not just a BTC-crash alone, but something else in the environment too. Or I may be entirely wrong.

It's pretty common for the entire crypto market to fall in unison during "Real Bitcoin Crashes."

That said, I'm still not sure if this will become one.  We're not even at 1/2 the peak price.  Serious crashes fall to 1/4 to 1/10th of the peak (so $2,000 to $5,000 in our case).

[El duderino_]

Pfffffff only thing i’m Not Going to like is sitting This sunday @ the table for christmas with much of them nocoiners

[yonton]

The rally in spring 2013 peaked at $262 and then briefly dropped as low as $50.  If this is the beginning of a "Real Bitcoin Crash" there may be great opportunities to scoop up coins below $5000. 

The thing is that all other coins are down, so its not just a BTC-crash alone, but something else in the environment too. Or I may be entirely wrong.

It's pretty common for the entire crypto market to fall in unison during "Real Bitcoin Crashes."

That said, I'm still not sure if this will become one.  We're not even at 1/2 the peak price.  Serious crashes fall to 1/4 to 1/10th of the peak (so $2,000 to $5,000 in our case).

It's not 2013 anymore guys. This is a much different market than it was years ago.

[orpington]

well that was completely fucked.

is it over?