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

[ssmc2]

If you notice, it coordinated perfectly with U.S. stock market bull run in 2013.  So keep your eye on the U.S. stock market.  Btw, statistics say that during election years, the U.S. stock market has around ~86% of having a bull run instead of a bear run.  And 2016 is an election year.  So maybe next year is the year, who knows.

on the other hand, gold use to bottom within +/- 6 months from a US presidential election. Then we'll see if btc quacks like a stock or sound money.

It's also interesting that the halvings will all happen during election years.

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[Tstar]

If you notice, it coordinated perfectly with U.S. stock market bull run in 2013.  So keep your eye on the U.S. stock market.  Btw, statistics say that during election years, the U.S. stock market has around ~86% of having a bull run instead of a bear run.  And 2016 is an election year.  So maybe next year is the year, who knows.

on the other hand, gold use to bottom within +/- 6 months from a US presidential election. Then we'll see if btc quacks like a stock or sound money.

Totally agree.  Also, we've never seen what happens to btc during a true financial crash, since it was born after one.  It could crash just like a stock, dunno.  People like to rush to fiat during financial crisis.

Never thought about that! Very interesting: it will be a first time and, of course, an epic one. If the US economy will start to crack a bit no one here can imagine what is going to happen next. You guys gave something to think about. Better be prepared anyway

[LFC_Bitcoin]

This is ridiculous lately, the volatility just shows how far away we are from any type of mainstream adoption, trust or legitimacy.

Imagine if you bought in at 500 thinking 'this is it'.

It's just a good thing many of us have been around long enough to shrug our shoulders & wait for the next crazy price swing. The events of the last week or two will do nothing to encourage 'average joe' to invest in bitcoin though.

[ghandi]

Which part of the world is getting up around 16:00CET? Dumps/Pumps always seem to happen around this time of the day

[Kazimir]

This is ridiculous lately, the volatility just shows how far away we are from any type of mainstream adoption, trust or legitimacy.

Imagine if you bought in at 500 thinking 'this is it'.

It's just a good thing many of us have been around long enough to shrug our shoulders & wait for the next crazy price swing. The events of the last week or two will do nothing to encourage 'average joe' to invest in bitcoin though.

But how long are you willing to keep shrugging your shoulders if you're sitting on a stack of coins.

I believe in Bitcoin 100%. Unfortunately it's not Bitcoin that determines its future, but the belief (of lack thereof) of mass audience morons. Sometimes the black hole of lacking insight and understanding of Bitcoin depresses me.

[adamstgBit]

Which part of the world is getting up around 16:00CET? Dumps/Pumps always seem to happen around this time of the day

south pacific ocean, whales are waking up...

[mb300sd]

Which part of the world is getting up around 16:00CET? Dumps/Pumps always seem to happen around this time of the day

US I would think, but I usually wake up around 10:30-12 and watch it.

[Dilla]

Testing $300 today, will it hold?

[heartastack]

Imagine if you bought in at 500 thinking 'this is it'.

I imagine some of us have to do less imagining than others

I've been investing for just under 6 months & have so far amassed 8.75 BTC, I bought most of my coins when the price was around £350 (GBP)

'Amassed'.

I can feel the gravity from those 8.75BTC from here.

[Torque]

This is ridiculous lately, the volatility just shows how far away we are from any type of mainstream adoption, trust or legitimacy.

Imagine if you bought in at 500 thinking 'this is it'.

It's just a good thing many of us have been around long enough to shrug our shoulders & wait for the next crazy price swing. The events of the last week or two will do nothing to encourage 'average joe' to invest in bitcoin though.

Shit, I'm still waiting for a legitimate LARGE online retailer to be able to seamlessly spend BTC on things.  The last major retailer adoption announcement was Expedia, all the way back in mid 2014.  That was a fk'ing lifetime ago.  IT'S BEEN 18 MONTHS PEOPLE. Where are the Amazons, the Targets, the BestBuys, the Walmarts, the Walgreens, the PayPals? (and no, Overstock and Rakuten don't really count to me).  

Hell if PayPal and Starbucks would just seamlessly integrate BTC as a payment option, and I mean *native* integration, the whole fk'ing Bitcoin world would be happier than a pig in shit.

But no, oh no, all major retailer adoption announcements HAD to cease in 2014.  This pisses me off.

[Hyperjacked]

Let us Bathe in The Glory of its Magnificence.

Gotta make a gif with the 1950's nuke tests with those same jamokes...rotflmao!

remember this instant classic...? no takers ...it's a gut splitter!

Disclaimer:It cannot be confirmed or denied but someone in the front row is rumored to have gone all in!

[Oblodo]

Like I have stated before, too fast a raise is no good. 25% every 30 days is fine by me. 300 will hold, we might dip under for a short time. BTC is here to stay. Some nice trades last days, got myself 2 digit number of coins by just trading. Do not like  to trade much, since I am almost Golum with my precious BTC. So hodl hodl that 300 line. The next 24 hours are critical 😏🙄

[heartastack]

This is ridiculous lately, the volatility just shows how far away we are from any type of mainstream adoption, trust or legitimacy.

Imagine if you bought in at 500 thinking 'this is it'.

It's just a good thing many of us have been around long enough to shrug our shoulders & wait for the next crazy price swing. The events of the last week or two will do nothing to encourage 'average joe' to invest in bitcoin though.

Shit, I'm still waiting for a legitimate LARGE online retailer to be able to seamlessly spend BTC on things.  The last major retailer adoption announcement was Expedia, all the way back in mid 2014.  That was a fk'ing lifetime ago.  IT'S BEEN 18 MONTHS PEOPLE. Where are the Amazons, the Targets, the BestBuys, the Walmarts, the Walgreens, the PayPals? (and no, Overstock and Rakuten don't really count to me).  

Hell if PayPal and Starbucks would just seamlessly integrate BTC as a payment option, and I mean *native* integration, the whole fk'ing Bitcoin world would be happier than a pig in shit.

But no, oh no, all major retailer adoption announcements HAD to cease in 2014.  This pisses me off.

If you were a multinational would you integrate a clunky payment solution tied to drug dealers and terrorists? LOL!

[MatTheCat]

If you were a multinational would you integrate a clunky payment solution tied to drug dealers and terrorists? LOL!

and paedos!

[ssmc2]

Dat hash rate

[LFC_Bitcoin]

Imagine if you bought in at 500 thinking 'this is it'.

I imagine some of us have to do less imagining than others

I've been investing for just under 6 months & have so far amassed 8.75 BTC, I bought most of my coins when the price was around £350 (GBP)

That was a long time ago.

It got a lot worse than that when I was buying at those kind of prices.
I just about broke even on average with my whole stash when we hit £240 GBP the other week because I've been buying all the way down.
Now it's down to £205 GBP so we're talking thousands of pounds down again.
(I usually talk in USD as most people here do but I am British).

Sigh

Thinking about selling some (for the 1st time ever) next time we have an upwards move.

[AmazonStuff]

Ask wall on Bitstamp growing

[dothebeats]

Testing $300 today, will it hold?

I hope not, for me to buy back in with more coins. Sold at $440+ and been prospecting to buy below $300. Been quiet for days and everything went as expected it seems.

[adamstgBit]

Testing $300 today, will it hold?

I hope not, for me to buy back in with more coins. Sold at $440+ and been prospecting to buy below $300. Been quiet for days and everything went as expected it seems.

place your bids and pray to whatever god you believe in

[Yogafan00000]

I think we might be at another long wait for next bubble....

How long can you wait again for 2 weeks of excitement?