Fasten your seatbelts: now it begins...

[davinchi]

The usual advice... Buy now while it's cheap

Yeah it is finally beginning. The price is going up and this attracting more people. With the price being stable for so long people got bored and tired of waiting. But we can now make some moves again.

Yeah, really it is now interesting, yesterday I spend some bits to buy some service and the balance reduced a little but when today I logged in to my account I saw the balance once again reach to that amount.

I also agree the intelligence is that we buy now, as daily the price is increasing and everyday price is cheaper than the price of tomorrow, so I am buying and collecting more bitcoins from now as it will give me more benefit as the time passes.

[1715459584]

1715459584

[lumeire]

It's having a series of new highs and lows. Probably when this movement is all over again, the price would be at a new higher floor. Kinda hoping that this would be a cycle - break, then new highs, then break again, till the halving.

[bitcoin carpenter]

Charts are repeating an old trend.  And expectations are that this bull market is about to be fueled by the coming halving...  one more major buy signal andcwe will move back towards ATH...

Hate to go full bulltard, but i have not converted any btc to alts for over a month now, and im going full BULLTARD!!@

[marcus_of_augustus]

Charts are repeating an old trend.  And expectations are that this bull market is about to be fueled by the coming halving...  one more major buy signal andcwe will move back towards ATH...

Hate to go full bulltard, but i have not converted any btc to alts for over a month now, and im going full BULLTARD!!@

good call ... and you are right the market is looking for a new floor because 400 was too low for half the coin supply.

unfortunately the movement to find the new floor could be quite rapid and volatile and drag in new demand or cut off old-coin supply on rising price expectations so leading to a search for a new ceiling.

[Yakamoto]

Charts are repeating an old trend.  And expectations are that this bull market is about to be fueled by the coming halving...  one more major buy signal andcwe will move back towards ATH...

Hate to go full bulltard, but i have not converted any btc to alts for over a month now, and im going full BULLTARD!!@

good call ... and you are right the market is looking for a new floor because 400 was too low for half the coin supply.

unfortunately the movement to find the new floor could be quite rapid and volatile and drag in new demand or cut off old-coin supply on rising price expectations so leading to a search for a new ceiling.

Rapid movements would be good for day trading, but there isn't a guarantee that everything would move favourable for now, so it might be better to buy and hodl. Not much else anyone can do for right now.

[gentlemand]

 I don't particularly care if it's relatively fleeting. I think a lot of people need reminding of what Bitcoin used to do when it was in a certain mood. It's been way, way too long.

[jjacob]

I don't particularly care if it's relatively fleeting. I think a lot of people need reminding of what Bitcoin used to do when it was in a certain mood. It's been way, way too long.

If it is fleeting, the despondency will set in again.
A steady rise will help carry all investors (including weak hands) along.

[talks_cheep]

There's no need to fasten your seatbelts, the price movement is way too slow for that. these $10-$20 movement means nothing. Back in late 2013, 3 years ago, you'd see $100 rise in less than a day. Your exuberance is an indication of bitcoin failure.

[pooya87]

There's no need to fasten your seatbelts, the price movement is way too slow for that. these $10-$20 movement means nothing. Back in late 2013, 3 years ago, you'd see $100 rise in less than a day. Your exuberance is an indication of bitcoin failure.

lol, will you ever get tired of this nonsense that you keep posting here? a while back you were claiming that bitcoin will soon fall under $200 with topics about big crash and abandon ship, now you say slow rise is an indication of failure...

[d5000]

There's no need to fasten your seatbelts, the price movement is way too slow for that. these $10-$20 movement means nothing. Back in late 2013, 3 years ago, you'd see $100 rise in less than a day. Your exuberance is an indication of bitcoin failure.

Slow movement is actually good.

That's the scenario to look at: People are looking at the chart and see: oh yeah, BTC has moved up a little bit.

Then they ask themselves: Should I buy? Let's wait a day more.

They wait a day more, and see: again it went up for $2 or $3.

They think: Yeah, a stable uptrend! And I'm on time to buy!

And they buy, and so they are already part of the rally.

If the uptrend is faster, than many people get late, and the uptrend is distributed on lesser (often whale's) shoulders.

[bit1]

There's no need to fasten your seatbelts, the price movement is way too slow for that. these $10-$20 movement means nothing. Back in late 2013, 3 years ago, you'd see $100 rise in less than a day. Your exuberance is an indication of bitcoin failure.

At first I thought the same as you, But after read carefully OP where he say that is going to move a bunch of USD, Then considering his case he certainly could apply what him say.

[marcus_of_augustus]

Going to move a bunch of USD to Bitstamp...

define a "bunch" ?

[adamstgBit]

Fasten your seatbelts: now it begins...