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

[MikeH]

true but with the opening of Gox, I could easily see myself punting $500-$1000..  at the time btc was around 10 cents.

I guess 99% of bitcoin holders have regrets, there has probably been many who lost access to 1000s of btc because they were careless and didn't expect they'd be worth so much some day.

[1715097069]

1715097069

[ChartBuddy]

[Grouver (BtcBalance)]

In retrospect it seems obvious, but back then, the most optimistic talked prices around 4$ (we got to 7$ in what, two months?) . Anyone posting suggestions of 100-200$ was just like the guys now, talking about 10,000$ in 2015.

Its easier to go from $10 to $100 then from $100 to $1000.
It needs much more volume.

[ChartBuddy]

[ChartBuddy]

[tutkarz]

In retrospect it seems obvious, but back then, the most optimistic talked prices around 4$ (we got to 7$ in what, two months?) . Anyone posting suggestions of 100-200$ was just like the guys now, talking about 10,000$ in 2015.

Its easier to go from $10 to $100 then from $100 to $1000.
It needs much more volume.

if economy is right then its not the problem. And as we know more and more new services start every day.

[TheKoziTwo]

curious, did anyone here buy at under $1?

was looking at historic prices, it looks like you could have become a millionaire with an investment of $100 at one stage.

so annoying that I didn't even hear about bitcoin until the start of the year since I've been into computers for more than 30 years and often read slashdot etc.

I bought bitcoins at $0.49... but only about 40 dollar worth... the price doubled shortly after so I didn't dare to invest very much then thinking it would fall back down..... regret... so much regret

[ChartBuddy]

[gandhibt]

Don't regret, just learn. Then you are free. Trading is a good way to learn this or if you not, you end up in grave or in institution (if you continue to trade still).

[ChartBuddy]

[theonewhowaskazu]

In retrospect it seems obvious, but back then, the most optimistic talked prices around 4$ (we got to 7$ in what, two months?) . Anyone posting suggestions of 100-200$ was just like the guys now, talking about 10,000$ in 2015.

Its easier to go from $10 to $100 then from $100 to $1000.
It needs much more volume.

Not really. At the point in time we were $10, we were 2/3 from the ATH, and practically everybody in the world had written off Bitcoin as a 'dead' currency. Now, we are less than 1/2 from our current ATH, and everybody has seen BTC come back, and BTC has been featured on many news stories, and  the BTC economy is a thing, so its much easier to gain traction.

If you ask a random person (ok, I live in silicon valley, so maybe this isn't a representative example, but still) about Bitcoin, they'll at least know that its a digital currency. They might not know what that means exactly, but its a gigantic step forward.

[ChartBuddy]

[lucas.sev]

and  the BTC economy is a thing, so its much easier to gain traction.

lol wat?

[Walsoraj]

In retrospect it seems obvious, but back then, the most optimistic talked prices around 4$ (we got to 7$ in what, two months?) . Anyone posting suggestions of 100-200$ was just like the guys now, talking about 10,000$ in 2015.

Its easier to go from $10 to $100 then from $100 to $1000.
It needs much more volume.

Not really. At the point in time we were $10, we were 2/3 from the ATH, and practically everybody in the world had written off Bitcoin as a 'dead' currency. Now, we are less than 1/2 from our current ATH, and everybody has seen BTC come back, and BTC has been featured on many news stories, and  the BTC economy is a thing, so its much easier to gain traction.

If you ask a random person (ok, I live in silicon valley, so maybe this isn't a representative example, but still) about Bitcoin, they'll at least know that its a digital currency. They might not know what that means exactly, but its a gigantic step forward.

The fact that everybody knows about bitcoin now yet the volume remains pathetically low is a bad sign... Indicates both that the capitulation is yet to come and we may not recover from this one.

[Miz4r]

In retrospect it seems obvious, but back then, the most optimistic talked prices around 4$ (we got to 7$ in what, two months?) . Anyone posting suggestions of 100-200$ was just like the guys now, talking about 10,000$ in 2015.

Its easier to go from $10 to $100 then from $100 to $1000.
It needs much more volume.

Not really. At the point in time we were $10, we were 2/3 from the ATH, and practically everybody in the world had written off Bitcoin as a 'dead' currency. Now, we are less than 1/2 from our current ATH, and everybody has seen BTC come back, and BTC has been featured on many news stories, and  the BTC economy is a thing, so its much easier to gain traction.

If you ask a random person (ok, I live in silicon valley, so maybe this isn't a representative example, but still) about Bitcoin, they'll at least know that its a digital currency. They might not know what that means exactly, but its a gigantic step forward.

The fact that everybody knows about bitcoin now yet the volume remains pathetically low is a bad sign... Indicates both that the capitulation is yet to come and we may not recover from this one.

Stop looking at Gox volume, that is a station long past now.

[ChartBuddy]

[Walsoraj]

In retrospect it seems obvious, but back then, the most optimistic talked prices around 4$ (we got to 7$ in what, two months?) . Anyone posting suggestions of 100-200$ was just like the guys now, talking about 10,000$ in 2015.

Its easier to go from $10 to $100 then from $100 to $1000.
It needs much more volume.

Not really. At the point in time we were $10, we were 2/3 from the ATH, and practically everybody in the world had written off Bitcoin as a 'dead' currency. Now, we are less than 1/2 from our current ATH, and everybody has seen BTC come back, and BTC has been featured on many news stories, and  the BTC economy is a thing, so its much easier to gain traction.

If you ask a random person (ok, I live in silicon valley, so maybe this isn't a representative example, but still) about Bitcoin, they'll at least know that its a digital currency. They might not know what that means exactly, but its a gigantic step forward.

The fact that everybody knows about bitcoin now yet the volume remains pathetically low is a bad sign... Indicates both that the capitulation is yet to come and we may not recover from this one.

Stop looking at Gox volume, that is a station long past now.

Cant. No other station has taken its place (bitstamps high volume is only in spurts and has laughable bid depth).

Just another sign that we haven't capitulated yet and the bubble probably wont re-inflate.

[ArticMine]

...
The fact that everybody knows about bitcoin now yet the volume remains pathetically low is a bad sign... Indicates both that the capitulation is yet to come and we may not recover from this one.

There is volume. One simply has to know where to look for it. http://btckan.com/price

[Miz4r]

Stop looking at Gox volume, that is a station long past now.

Cant. No other station has taken its place (bitstamps high volume is only in spurts and has laughable bid depth).

Just another sign that we haven't capitulated yet and the bubble probably wont re-inflate.

You're in denial and are living in the past. Good luck with that.

[derpinheimer]

...
The fact that everybody knows about bitcoin now yet the volume remains pathetically low is a bad sign... Indicates both that the capitulation is yet to come and we may not recover from this one.

There is volume. One simply has to know where to look for it. http://btckan.com/price

40k  volume in USD, 40k in CNY.

However, you  should  notice the Chinese exchanges with volume have...  drum roll please... NO FEES.

Open your eyes; its fake volume.