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

[toknormal]

And it seems Toknormal is ignoring me

I'm not. I just can't tell you what the price is going to be in 2 months time and am not a fast enough typist to say so  

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[JayJuanGee]

The market seems to be digging itself out of the hole now though.

Could you kindly elaborate more ?

And tell me your outlook please for the coming weekend, is really the rally QUENCHED or there is still a chance ?

Edit : Is the rally continuing ?

I understand, Fakhoury, that you are  not asking me, but I CANT RESIST....

You know, having a purpose such as one to "quench rallies" and actually achieving such purpose, can be two separate things. 

And, surely the evidence of decent upwards price pressures is continuing to show its cute lillie noggen...

In other words, we seems to have gots ourselves decent upwards price momentum that is not going to easily by quenched...

Surely, we are still operating on very low trade volume (and who gives a shit what you see in china and some of those other fake, no fee, bot exchanges), the fact of the matter is that BTC trade volume seems to be continuing as relatively low.... and so, when we have low trade volume, we can have a reversal of the direction at any time, even though it is kind of appearing that bears are losing a bit of control over the continuing and ongoing upward trend... .. they may have to wait until into the $700s or so before they are able to adequately and sufficiently reverse the current momentum and the upward price pressures that seems to be under this thing.. and also it is possible that they are not going to be able to do it, even into the $800s, crossing my fingers.. and if we get into the $800s quickly, then surely they are going to have some loss of control issues.

Take easy JJG, we are brothers man

The thing is I want to break $1K+ this year, I'm fedup man lol

hahahahahaha


And the funny part is when I seem to becoming more bullish than you...

ahahahahaha...

I just get a bit nervous with any kind of time boundaries regarding when something is going to happen in bitcoin...


It is quite apparent that it is very difficult to know when or if $1k is gonna be reached.  Surely, there is enough going on and even enough upward price pressures that we could be pushed into the $3 to $5k territory within a few weeks, but it is still so difficult to really place high probabilities on such a scenario taking place.

I prefer to play a bit conservative, and to be pleasantly "surprised" if the more bullish scenario plays out...

You probably already have a pretty decent grasp of my BTC situation - at least I have rambled on and on about it enough, but the fact of the matter is that my BTC portfolio was largely in the red for a large part of my first 2.5 years in bitcoin.. so I am feeling pretty damned good that my BTC portfolio has been floating largely between 30% and 70% in the green for about the past 5 months, and seemingly even fairly securely in such positive price territories (and currently about 52% in the green)...

 So really, I am continuing to work my BTC holdings and my BTC portfolio that is a combination of BTC and cash, but anywhere in the green is feeling pretty decent, these days...

Of course, bigger numbers are nice too, but in my mind, all of those bigger numbers are icing on the cake and nothing to rely upon or to put all my eggs (or a lot of my eggs) into such a reliance.

And it seems Toknormal is ignoring me

I don't think that he is ignoring you.  My conclusion, after extensive and extended analysis and relying upon relevant and material factors including world wide data, numerology and astrology is that he is just the "shy" and "sensitive" type.   Believe it or NOT.   

[Karartma1]

There's nothing better than enjoying an excellent coffee in a rainy day when one sees green everywhere.

I'm just a bit scared by the trading volume happening on Chinese exchanges.

[Fatman3001]

And it seems Toknormal is ignoring me

I don't think that he is ignoring you.  My conclusion, after extensive and extended analysis and relying upon relevant and material factors including world wide data, numerology and astrology is that he is just the "shy" and "sensitive" type.   Believe it or NOT.   

Damn, lambie! You've perfected this. You can crush the world with this character.

[Elwar]

I wonder if all exchanges will consolidate on $666.

Looks like Bitfinex doesn't want to touch it while Bitstamp is slowly moving toward it.

[willope]

yeah Back to the magical $666.
Ok, 666 666  would be better.

[yefi]

I wonder if all exchanges will consolidate on $666.

Looks like Bitfinex doesn't want to touch it while Bitstamp is slowly moving toward it.

I'm sacrificing lambs on the pentagram as we speak. 

[toknormal]

I'd say $2000 by the end of 2018.

[podyx]

I'd say $2000 by the end of 2018.

I call your $2000 and raise you $6000

That's 8 grand daddies

[Elwar]

Hmm, no blocksize debate...predictions in the thousands...

My bot would be selling like crazy right now (if I were a trader).

[toknormal]

I call your $2000 and raise you $6000

Thats a 1200% rise in 18 months. If it did happen that fast you'd at least have a retrace to $2000-$3000. (And it ain't gonna happen without a fiat-collapse scenario).

[DonQuijote]

Who is the trading reference? Whaleclub?

[toknormal]

Markets moving again.

Hobular 4-Hour correction complete and it's having another crack at the 4600 level where it got hobbled last night.

[becoin]

Expect >$1000 by the end of this year as some of the really large bear whales will go belly up. Some of the exchanges will go with them as well for they sell bitcoins they don't have.

[podyx]

Look at the goddamn 3 day chart.

We are clearly going up

[Ted E. Bare]

Could this be like November 2013 again?

[toknormal]

Look at the goddamn 3 day chart.

We are clearly going up

+1

Look at the 1-week chart. Even better.....and the 1-Day, and the 12-hour and the 6-hour and the 4-hour.

Never seen BTC clear water ahead like that on all ranges at once.

(P.S. You know something's up when BTCe gets ahead of stamp and within only $10 of China during a rise  ).

[Denker]

Could this be like November 2013 again?

Oh man that would be something!
But I doubt it's going to happen.
I myself prefer to stay humble and would already be satisfied with a price of around $700 at the end of this year.
Everything more is a nice present which I will gladly accept of course.

[kehtolo]

Could this be like November 2013 again?

I posted something similar a few days ago. In short, it looks similar enough to me.

[AZwarel]

I wonder if all exchanges will consolidate on $666.

Looks like Bitfinex doesn't want to touch it while Bitstamp is slowly moving toward it.

I'm sacrificing lambs on the pentagram as we speak. 

Am not an expert on "animals whos smell of burning flesh satisfies a deity", but could you sacrifice bears instead?