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

[BlindMayorBitcorn]

BFX is going quicker than China. Almost no gap. Strange.
Meanwhile so much euforia. It's time to start selling for me.

Who will be the last hodler standing?

[1714506750]

1714506750

[1714506750]

1714506750

[1714506750]

1714506750

[ssmc2]

300's are done son

[rokkyroad]

BFX is going quicker than China. Almost no gap. Strange.
Meanwhile so much euforia. It's time to start selling for me.

Who will be the last hodler standing?

It won't be me. This is due for a dump after that last sharp spike.  

When it dumps, it dumps hard. I hate that when that happens.

[adamstgBit]

higher!

this feels very bubbley

[Dotto]

If I were a trader I would sell now and try to buy back around 410.

[peonminer]

higher!

China will be waking up very soon. Don't worry. They will see we are still half way to the FIB and take us up, up and away!

Meanwhile, WAIlybot will enjoy throwing up his beautiful brand new BTCitcoin floorz! $680 is most likely the ultimate dump site. If not, $800 c0a1nz in bound.

[8up]

Sub $400 is the new MUST-BUY zone.

I'd say sub 350

Same thinking until we broke $420.  

[LFC_Bitcoin]

BFX is going quicker than China. Almost no gap. Strange.
Meanwhile so much euforia. It's time to start selling for me.

Who will be the last hodler standing?

I'll sell 75% WHEN we hit 2,000 USD

[BlindMayorBitcorn]

BFX is going quicker than China. Almost no gap. Strange.
Meanwhile so much euforia. It's time to start selling for me.

Who will be the last hodler standing?

I'll sell 75% WHEN we hit 2,000 USD

I still have no idea what I'm doing.

[Fatman3001]

If we reach $500 a few days before new year and slowly slide down to $460-$470 early January, I'm expecting chartists to blow a fuse.

[abercrombie]

current trend indicates $500 in around 5 days.

are we rich yet?? 

[peonminer]

$500 by sunset or daybreak. Which ever applies to you.

[Kriegsmerinade]

i got no more coins to sell  

Your GF's bank card is in the toilet bowl, under lid.
New PIN#: 1001
~$3.75 in her kid's piggy bank.
Look out the window. Dude smoking in the blue Camry is a crack BTC dealer, will set you up.
GL!

Lambie's got jokes. Looks like she went full fiat @$380.

The One Without Blemish went 'full fiat' in the 600s. On the way up.
That said, probably still has more dust than your vast BTC holdings on a good day

HA! You still touch BTCitcoin. Loathe Lambie, loatheeeee! Your brain must get so tired, thinking of new names to give you the appeal of a semi-retarded 4th grader. Such amaze. Very advice. Much central banky. Wow!

Nothing but stupidity and rage left in you. So much for that old "booting bath salts from DNM with totally still good 5cc rigs from the sharps container is totally fine, bro!" chestnut

I'm disappointed in you. You had the perfect setup and all you do is whinge. How the mighty have fallen.

I've done nothing wrong

[bitebits]

I predict a correction over the weekend, but still hanging over $400 which is all good.

Where do you see the euphoria? On the contrary, I see a lot of people sold out their bitcoins and hoping for a correction to buy them back...  I predict a new top above $500 over the weekend.

That is actually quite interesting and might be the case. This place is awfully quiet for it's current rise in price.
I thought it was because of people learnt not to cheer too hard because of the long bear market, and of course still we have no clue where the dollar price goes of course.

For now it could be that when people break even, they dump (a part of) their coins because of dollar cost averaging a bit too much. Therefore I expect a few points of resistance (and then of course have regret later on).

[aztecminer]

People sold at 30, 50, 100 and are still waiting to get their coins back. At some point, people selling at 100, 200, 300, 400, will have the same fate.

In other news:

Bitcoin Difficulty:   79,102,380,900
Estimated Next Difficulty:   93,295,173,091 (+17.94%)

https://bitcoinwisdom.com/bitcoin/difficulty

Interesting indeed, has anyone any idea though how efficient this new gen of miners are that are clearly pushing the hash rate so high.

I.e is the cost of producing 1BTC actually getting higher

Yes,

1200 watt, cost 100 usd per month, with those 1200 watt miner @ 4.7 T per month  generate 0.9 Btc  (next difficutly its 0.77 btc)


EDIT :
i predict that mid year 2016, diff will reach 200.xxx.xxx.xxx or doubled from today, and with reward halving it means 1 bitcoin cost 400 usd. actual fair price of bitcoin 400-600.
also if there are newer miner, btc difficulty and btc cost would be higher

i stopped mining .. i decided its not worth it to pay the us govy taxes on it. i use the money i would spend on mining gear on other gear that won't cause me to pay more income taxes. paying income taxes to buy bitchcoins makes zero sense. not much makes sense with bitchcoin anymore. chasing bitchcoin into higer prices is not a good idea.

i think many bitchcoin investors will get wiped out during the "global reset". http://alt-market.com/articles/2758-the-global-economic-reset-has-begun

the reason is because when the dollar dies bitchcoin will need to revalue itself against a new currency or against gold and silver. in either case i think bitchcoin will revalue multiples lower. this is why peeps need to cover their asses by buying metals. one silver coin will have multiples more purchasing power than a single bitchcoin after the "global reset."

[mrkavasaki]

$600=2015

[peonminer]

Why everybody here is so bearish?

I still don't see reason for that in charts. Am I missing something?  

I see potential for a further rise before it corrects a bit.

Abused by the last pump.

$600=2015

Damn skippy pippy!

That $444.44 tho <3

[oda.krell]

Why everybody here is so bearish?

I still don't see reason for that in charts. Am I missing something? 

I see potential for a further rise before it corrects a bit.

From my view, several volume-based divs across time scales (raw volume & volume based indicators). That said, aside from possible horizontal resistance from the last leg of the trend, the price trend itself still looks stable to me, so I tend to agree with your last statement.

[Fatman3001]

I've done nothing wrong

Exactly!



Such disappoint. Such acting.

[Spaceman_Spiff]

Why everybody here is so bearish?

I still don't see reason for that in charts. Am I missing something?  

I see potential for a further rise before it corrects a bit.

That's usually a bullish sign.  One of the reasons I think this might go a bit higher still (despite being somewhat overbought).