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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26364988 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Nightowlace
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May 02, 2013, 02:02:47 PM
 #3041

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.

I agree from my personal perspective but I think we are going to see $80 before the day ends.
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gizmoh
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May 02, 2013, 02:04:01 PM
 #3042

Is it me or the 105 wall just vanished and support above 100 also is trimmed down!!
Double Digits here we come Grin

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May 02, 2013, 02:04:44 PM
 #3043

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.

I agree it will dip to $95-99, however once it gets there I see no reason for it not to go lower to either $80 or $70 in the short term.

$10,000 by Christmas is concentrated insanity.

By short term I mean before Tuesday.
Nightowlace
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May 02, 2013, 02:05:07 PM
 #3044

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.
I'm usual have the bull in my blood, but feeling the bear lately. I'd love $10,000usd per coin by Christmas but I think that is just way too high.

There is no way that will happen. If it does every bull on this forum will be rubbing elbows with the likes of Bill Gates, Warren Buffet, etc.
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May 02, 2013, 02:05:45 PM
 #3045

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.

haha good joke. You will see soon enough single digits money dont come into bitcoin anymore Smiley
Cablez
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May 02, 2013, 02:05:55 PM
 #3046

Is it me or the 105 wall just vanished and support above 100 also is trimmed down!!
Double Digits here we come Grin

Those walls were eaten alive!! Shocked
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May 02, 2013, 02:09:05 PM
 #3047

In all honesty I am a happy bull but I have been speaking with many people in the community as well as people who wish to get into BTC and the common response from everyone is that it's just too high right now. From the poker players to the Silk Road users to the noobs. Many people want to see $50-$75 again so they can feel "comfortable" buying in or paying for their habits.

why would a silkraod user care about the price? About volatility, ok, but about price? Does not compute.
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May 02, 2013, 02:10:31 PM
 #3048

I consider that $95-$99 range is irresistible. But afterwards we are going higher. Long term, about 15% weekly increase is sustainable and it will carry us to $10,000+ coin before christmas.

haha good joke. You will see soon enough single digits money dont come into bitcoin anymore Smiley

Single digits are gone sir. We might see $50 again but bellow that is absurd.
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May 02, 2013, 02:10:54 PM
 #3049

I wouldn't be so sure about the support at 90 either. There's a $2.44M wall, that's about the same size as the $120 wall was yesterday. Remember how quickly that was eaten?
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May 02, 2013, 02:11:04 PM
 #3050

don't feed the troll...
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May 02, 2013, 02:11:35 PM
 #3051

$104 did not hold.

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May 02, 2013, 02:12:56 PM
 #3052

LOL

I'm going to call this the "Jeff Berwick Effect."
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May 02, 2013, 02:13:55 PM
 #3053

It looks like bitcoins were overbought in the last couple of months and we are in a correction. Probably to much less than 100. Even if i'm wrong and we'll enter a rally i don't see it coming before next week because of all the holidays this week.
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May 02, 2013, 02:14:13 PM
 #3054

LOL

I'm going to call this the "Jeff Berwick Effect."

I knew that whole BitcoinATM was stupid.
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May 02, 2013, 02:15:08 PM
 #3055

LOL

I'm going to call this the "Jeff Berwick Effect."

I knew that whole BitcoinATM was stupid.

Bitcoin = Vaporcoin

So much ridiculous fail everywhere.
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May 02, 2013, 02:15:37 PM
 #3056

oh god, it's burnszz.
BitcoinBA
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May 02, 2013, 02:15:47 PM
 #3057

Why is it going much down again??

Did something happen again?

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May 02, 2013, 02:15:53 PM
 #3058

double digits time
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May 02, 2013, 02:15:58 PM
 #3059

Double digits return!!
Nightowlace
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May 02, 2013, 02:16:15 PM
 #3060

In all honesty I am a happy bull but I have been speaking with many people in the community as well as people who wish to get into BTC and the common response from everyone is that it's just too high right now. From the poker players to the Silk Road users to the noobs. Many people want to see $50-$75 again so they can feel "comfortable" buying in or paying for their habits.

why would a silkraod user care about the price? About volatility, ok, but about price? Does not compute.


It is the volatility that they are about. $50 seems reasonable and stable. It also is a good price to stock up for future use. And this wasn't directly from a Silk Road "user" but a Silk Road type. The sellers don't want the voalitility, the users don't want it etc.

As far as a lot of noobs that I'm trying to get to jump in to BTC have all made it clear the under $100 as close to $50 as possible seems like a reasonable buy.

Again keep in mind I'm no expert and this info is coming from a variety of people I talk to but all roads lead to $50.
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