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

[ChartBuddy]

Explanation

[1715461732]

1715461732

[1715461732]

1715461732

[jaberwock]

well bitcoin is bottoming nicely

what do you think, 850 by the end of the month?

 

(Chart's design style by Blockchain.info)

This chart represent what I might believe is possible. Just with some more waving between middle and end.

But I still believe that we will see a rally till th end of a year =)

Moon: I want to believe

[twiifm]

http://youtu.be/hpAMbpQ8J7g

I watched a random bit of the video... he was talking about the fact that 'charity does not solve problems, merely postpone their solution', and i agree. But then, all of a sudden, he mention that 'private property is the problem'. WTF? At that point he lost me.

Private property is essential because the difference between us and what we call property are so thin that if we relinquish the right to own things to 'society' then the step toward relinquish the right to 'own ourselves' is short.

Of course this is just my opinion. At everybody his own.

Dont try to make sense if what he says.  He just wants to create controversy.  He political views are considered post Maoist and he considers himself a post Stalinist.

Serious philosophers like Chomsky thinks hes a charlatans.  The people who follow are these bohemian lazy kids

I like Chomsky.. but do you think he may be getting a little out of touch these days himself?

I dont that much about Chomsky but I know his writing is properly researched and footnoted.   Chomsky is known for criticising institutional power.  But his angle is more  from an empirical/ academic style of writing.  His background is linguistics and hes more like a social scientist

Zizek is more like Neitchze.  Hes like the guy that stands on a soapbox and make people angry.  His style of writing has alot of flair but theres no meaning to it when you break it down

Chomsky thinks language is for communication so ideas should be expressed in ways that make them simple to understand.   Thats because he studies structure of language.  Most of the Post Modernists play with language like how a poet does.  They make up a lot of words and its hard to decipher what their point is

Thats why i hate postmodernism.  Usually its people who think they are clever but when you strip away the obfuscating language they dont seem to be saying anything

[Newbie1022]

well bitcoin is bottoming nicely

what do you think, 850 by the end of the month?

 

(Chart's design style by Blockchain.info)

This chart represent what I might believe is possible. Just with some more waving between middle and end.

But I still believe that we will see a rally till th end of a year =)

Moon: I want to believe

850 by the end of this month is a little too wishful... 850 by the end of the year is very reasonable, though. I, personally, don't think it will happen... I think if we bounce back up that we are going to have a hard time breaking out of the 600 range because people will be concerned we are overbought and will remember the last price crisis. But, with some of the new fund inputs, and should OpenBazaar really catch its footing quickly, it's not insane. These $10,000+ by 2015 types are insane. You are normal, but optimistic. Hats off to you on that.

[Newbie1022]

i am 90% sure that its going to be a denied 6h positive macD into another medium red candle, on the way to 450$~ we go

That's what my dollar is on also. I wouldn't say 90%, though. I am more 70-30, right now.

[Newbie1022]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

[adamstgBit]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

its not like its 2020

i say buy, buy likes there no tomorrow, as soon as the profit taking retards are done, 500 buy 690 Buy 850 BUY!!!

but thats me.

[Newbie1022]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

If it starts moving, it really starts moving. I don't know when this will be but I guarantee you people will indeed be as eager to throw caution to the wind as ever.

Under this scenario, I'd imagine we stay in the 6-handles until about January, pop up to the 7's February... 8's by March... dip down to the 6's in April when people pay taxes and are irritated by it being a pain in the a--... then a launch thereafter when they realize that wasn't the end of the world and as OpenBazaar grows... from there $1500 to $2000 quickly... whether we'd ever be able to move beyond that is questionable. An exchange will collapse when somebody gets greedy around that sort of ATH.

That would be my most bullish scenario. I just don't see it happening, though. Tech stocks will collapse this fall or next and the VCs won't have the same risk appetite as before. Maybe they jump for digital gold instead of regular gold, but during a financial crisis it isn't exactly the time to get cute. I just don't see it. I don't have nearly as much in the pot as most of you so, frankly, even though it's against my position, I hope I am wrong. I rather see you crazy kids make a quick buck... life should be that way. It'd make me smile.

[adamstgBit]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

If it starts moving, it really starts moving. I don't know when this will be but I guarantee you people will indeed be as eager to throw caution to the wind as ever.

Under this scenario, I'd imagine we stay in the 6-handles until about January, pop up to the 7's February... 8's by March... dip down to the 6's in April when people pay taxes and are irritated by it being a pain in the a--... then a launch thereafter when they realize that wasn't the end of the world and as OpenBazaar grows... from there $1500 to $2000 quickly... whether we'd ever be able to move beyond that is questionable. An exchange will collapse when somebody gets greedy around that sort of ATH.

That would be my most bullish scenario. I just don't see it happening, though. Tech stocks will collapse this fall or next and the VCs won't have the same risk appetite as before. Maybe they jump for digital gold instead of regular gold, but during a financial crisis it isn't exactly the time to get cute. I just don't see it. I don't have nearly as much in the pot as most of you so, frankly, even though it's against my position, I hope I am wrong. I rather see you crazy kids make a quick buck... life should be that way. It'd make me smile.

see i didn't get the mome, I never get the fucking memo.

i'm buying bitcoin because I dont want to care about the stupid memo.

[Junkbarman]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

its not like its 2020

i say buy, buy likes there no tomorrow, as soon as the profit taking retards are done, 500 buy 690 Buy 850 BUY!!!

but thats me.

Just a question, no troll. But what makes you think they will ever be done?

[adamstgBit]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

its not like its 2020

i say buy, buy likes there no tomorrow, as soon as the profit taking retards are done, 500 buy 690 Buy 850 BUY!!!

but thats me.

Just a question, no troll. But what makes you think they will ever be done?

good question.

i don't, i just believe.

[adamstgBit]

someone could do ALOT of damage quietly accumulating DUMPING!!!  quietly accumulating DUMPING!!!   over and over

[adamstgBit]

i need a chill pill or something.

*all mess up / pissed off*

my mother inlaw, dropped off her dog here ( what a bitch -_- ), and my wife thinks we can keep it.

so mad.

until next time.

[Newbie1022]

someone could do is doing ALOT of damage quietly accumulating DUMPING!!!  quietly accumulating DUMPING!!!   over and over

There, I fixed it!!

[cbeast]

someone could do ALOT of damage quietly accumulating DUMPING!!!  quietly accumulating DUMPING!!!   over and over

That's why we buy a little only at every bottom. The dumper's loss is our gain.

[Taras]

i need a chill pill or something.

*all mess up / pissed off*

my mother inlaw, dropped off her dog here ( what a bitch -_- ), and my wife thinks we can keep it.

so mad.

until next time.

We're here for you, adam

[counter]

The end of the year? I think after $850 is cleared it won't take long at all for a new ATH.

I actually agree with that... if we get to $850 then we'll have a hell of a ride. But, do you really see getting past $600, in a bullish interim scenario, being a quick endeavor? I think we'd have to piddle around there for a couple months, man. I don't think people are quite as eager to throw caution to the wind as they were in the first run up... the market is more mature now and nobody wants to be the guy who bought BTC at the absolute ATH price.

If it starts moving, it really starts moving. I don't know when this will be but I guarantee you people will indeed be as eager to throw caution to the wind as ever.

Under this scenario, I'd imagine we stay in the 6-handles until about January, pop up to the 7's February... 8's by March... dip down to the 6's in April when people pay taxes and are irritated by it being a pain in the a--... then a launch thereafter when they realize that wasn't the end of the world and as OpenBazaar grows... from there $1500 to $2000 quickly... whether we'd ever be able to move beyond that is questionable. An exchange will collapse when somebody gets greedy around that sort of ATH.

That would be my most bullish scenario. I just don't see it happening, though. Tech stocks will collapse this fall or next and the VCs won't have the same risk appetite as before. Maybe they jump for digital gold instead of regular gold, but during a financial crisis it isn't exactly the time to get cute. I just don't see it. I don't have nearly as much in the pot as most of you so, frankly, even though it's against my position, I hope I am wrong. I rather see you crazy kids make a quick buck... life should be that way. It'd make me smile.

If you ask me I still think we'll at least touch $5k before the end of the year. This is however not based on data and as good a guess as yours probably

Man 5k huh? that'd be quite the rise and I'd be wondering how long it could be sustained.  I'm sitting here now thinking of what kind of news could cause a move like that and smiling at the same time, haha.  For me seeing the price over $800 is a good place to be and anything above there is sweet!.  I'm probably aiming to low but hey if it shuts the bulls up I'm all about it haha.  

[ChartBuddy]

Explanation

[Carra23]

Its hardly moving. Maybe it will start going one way or the other on Friday. The tension is killing me 

[Brewins]

Its hardly moving. Maybe it will start going one way or the other on Friday. The tension is killing me 

Indeed.

No moon, and no hell, but the pressure to make a decision and one month later you regret it(either you buy and price goes to the abysms, or you sell and price goes to moon).