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

[Newbie1022]

Up ~$10 from today's low on stamp.  
Trend reversal

Not on this volume. Just a breather/reprieve.

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[fonsie]

Does anyone really doubt at this point a return to 275$?

Permabulls keep hoping, but what do they know?
The real danger is not finding a new bottom from which a slow bull market can develop, that's normal,
the danger is that too many whales could panic sell below 300$ so the new bull market won't be able to
develop and we could see an extension of wave C and eventually possibly double digits.

80 $ doesn't seem impossible.

That would be awesome... I'd buy so much MOAR!!!!!1

Yeah, will also buy when it hits 80 

Why would you do that? Wasn't btc dying? I was just in denial...

[macsga]

Up ~$10 from today's low on stamp.  
Trend reversal

Aw you're such a sweetie...

[btcney]

Does anyone really doubt at this point a return to 275$?

Permabulls keep hoping, but what do they know?
The real danger is not finding a new bottom from which a slow bull market can develop, that's normal,
the danger is that too many whales could panic sell below 300$ so the new bull market won't be able to
develop and we could see an extension of wave C and eventually possibly double digits.

80 $ doesn't seem impossible.

That would be awesome... I'd buy so much MOAR!!!!!1

Yeah, will also buy when it hits 80 

Why would you do that? Wasn't btc dying? I was just in denial...

80 $ seems reasonable.

[NotLambchop]

Up ~$10 from today's low on stamp.  
Trend reversal

Aw you're such a sweetie...

Eat me.

[fonsie]

Does anyone really doubt at this point a return to 275$?

Permabulls keep hoping, but what do they know?
The real danger is not finding a new bottom from which a slow bull market can develop, that's normal,
the danger is that too many whales could panic sell below 300$ so the new bull market won't be able to
develop and we could see an extension of wave C and eventually possibly double digits.

80 $ doesn't seem impossible.

That would be awesome... I'd buy so much MOAR!!!!!1

Yeah, will also buy when it hits 80 

Why would you do that? Wasn't btc dying? I was just in denial...

80 $ seems reasonable.

For something that's dying??
You are looking like this at the moment

[grappa_barricata]

Up ~$10 from today's low on stamp.  
Trend reversal

Aw you're such a sweetie...

Eat me.

LOL

[Tzupy]

Up ~$10 from today's low on stamp.  
Trend reversal

Not on this volume. Just a breather/reprieve.

Your irony detector is malfunctioning...

[NewLiberty]

Does anyone really doubt at this point a return to 275$?

Permabulls keep hoping, but what do they know?
The real danger is not finding a new bottom from which a slow bull market can develop, that's normal,
the danger is that too many whales could panic sell below 300$ so the new bull market won't be able to
develop and we could see an extension of wave C and eventually possibly double digits.

80 $ doesn't seem impossible.

That would be awesome... I'd buy so much MOAR!!!!!1

Yeah, will also buy when it hits 80  

Why would you do that? Wasn't btc dying? I was just in denial...

80 $ seems reasonable.

For something that's dying??
You are looking like this at the moment

Its been $80 before.
price =/= life

[fonsie]

Does anyone really doubt at this point a return to 275$?

Permabulls keep hoping, but what do they know?
The real danger is not finding a new bottom from which a slow bull market can develop, that's normal,
the danger is that too many whales could panic sell below 300$ so the new bull market won't be able to
develop and we could see an extension of wave C and eventually possibly double digits.

80 $ doesn't seem impossible.

That would be awesome... I'd buy so much MOAR!!!!!1

Yeah, will also buy when it hits 80  

Why would you do that? Wasn't btc dying? I was just in denial...

80 $ seems reasonable.

For something that's dying??
You are looking like this at the moment

Its been $80 before.
price =/= life

I know, but he sees no point in bitcoin at the current price, so why would he at 80$

[octaft]

Stupid question, is bullish too

What's funny is, I was originally going to respond to his question with the exact same thing, except I would have been joking.

if bitcoin was really dying, the bears wouldn't stick around. They would go on counting their fiat.

If bears stick around, it's because they think bitcoin is worthwhile. It's just that some of us don't think it will be a failure if it's not worth 8 billion per coin (or whatever ridiculous number you permabulls have in your head), or even $1000 per coin.

Well, I guess it would be a "failure" if your only goal was to get filthy rich off of minimal investment, but come on, it's not about that, right? It's about sticking it to the man and overthrowing the banks with a "disruptive" technology. No way the goals of most involved in bitcoins is just to get more "dirty dirty fiat," right?

[ChartBuddy]

Explanation

[NotLambchop]

...
I know, but he sees no point in bitcoin at the current price, so why would he at 80$

Probably betting on a pump after hitting that price.  Speculating.  Like the rest of us.

[fonsie]

Stupid question, is bullish too

What's funny is, I was originally going to respond to his question with the exact same thing, except I would have been joking.

if bitcoin was really dying, the bears wouldn't stick around. They would go on counting their fiat.

If bears stick around, it's because they think bitcoin is worthwhile. It's just that some of us don't think it will be a failure if it's not worth 8 billion per coin (or whatever ridiculous number you permabulls have in your head), or even $1000 per coin.

Well, I guess it would be a "failure" if your only goal was to get filthy rich off of minimal investment, but come on, it's not about that, right? It's about sticking it to the man and overthrowing the banks with a "disruptive" technology. No way the goals of most involved in bitcoins is just to get more "dirty dirty fiat," right?

To me it's not about getting more fiat, but I do hope that in the future I can buy more with it than I can today.
I also like that they can't take it away with a press off a button.
I can instantly pay somebody, yes I know a credit card is semi instant, but my mother, father, sister, brother, friends, ... don't accept creditcard, neither do I, and if I go and deposit large amounts of cash they think I'm a drugs dealer.
Going somewhere in the world doesn't matter where... and they all accept BTC... would be ideal.

And since it's quite hard to store a lot of gold, hey BTC it is.

[NotLambchop]

...
To me it's not about getting more fiat.

I also like that they can't take it away with a press off a button.

>trades on exchanges

I can instantly pay somebody, yes I know a credit card is semi instant, but my mother, father, sister, brother, friends, ... don't accept creditcard, neither do I, and if I go and deposit large amounts of cash they think I'm a drugs dealer.

Most of my friends don't even know about Bitcoin.  And thanks to this shit, I'm not telling them because embarrassed.

Going somewhere in the world doesn't matter where... and they all accept BTC... would be ideal.

Forget the world.  No one in my own neighborhood takes Bitcoin.

And since it's quite hard to store a lot of gold, hey BTC it is.

Gold is even more archaic/anachronistic than Bitcoin.

[pjviitas]

$275 here we come!!!

[fonsie]

...
To me it's not about getting more fiat.

I also like that they can't take it away with a press off a button.

>trades on exchanges

I can instantly pay somebody, yes I know a credit card is semi instant, but my mother, father, sister, brother, friends, ... don't accept creditcard, neither do I, and if I go and deposit large amounts of cash they think I'm a drugs dealer.

Most of my friends don't even know about Bitcoin.  And thanks to this shit, I'm not telling them because embarrassed.

Going somewhere in the world doesn't matter where... and they all accept BTC... would be ideal.

Forget the world.  No one in my own neighborhood takes Bitcoin.

And since it's quite hard to store a lot of gold, hey BTC it is.

Gold is even more archaic/anachronistic than Bitcoin.

LOL, oh my god, do you really think that you are right on all of those, just because your get rich quick scheme didn't work out fast enough.
You're a joke.

PS: go join Shroomie in the "my get rich quick scheme didn't go fast enough, shall go cry some now"

[grappa_barricata]

[tarmi]

PS: go join Shroomie in the "my get rich quick scheme didn't go fast enough, shall go cry some now"

but, but..fonsie

you are shroomie

and fonzie

[BlindMayorBitcorn]

...
To me it's not about getting more fiat.

I also like that they can't take it away with a press off a button.

>trades on exchanges

I can instantly pay somebody, yes I know a credit card is semi instant, but my mother, father, sister, brother, friends, ... don't accept creditcard, neither do I, and if I go and deposit large amounts of cash they think I'm a drugs dealer.

Most of my friends don't even know about Bitcoin.  And thanks to this shit, I'm not telling them because embarrassed.

Going somewhere in the world doesn't matter where... and they all accept BTC... would be ideal.

Forget the world.  No one in my own neighborhood takes Bitcoin.

And since it's quite hard to store a lot of gold, hey BTC it is.

Gold is even more archaic/anachronistic than Bitcoin.

LOL, oh my god, do you really think that you are right on all of those, just because your get rich quick scheme didn't work out fast enough.
You're a joke.

PS: go join Shroomie in the "my get rich quick scheme didn't go fast enough, shall go cry some now"

To be fair, nobody was sold on the whole get poor scheme, either. Look at the year, man!