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

[Lauda]

955

What makes you say that?

Exactly...  I have had to revise my thinking, too because I was fairly certain that either the move between $800 and $900 was going to be slower  or that there was going to be some considerable correction within that that price range - especially since the status of bitcoin still remains without any kind of meaningful or significant price correction since about August...

I have some tentative ideas, but I am really afraid to say them because I am just likely to be proven wrong or someone who has no fucking clue.      I suppose, nothing wrong with that when we seem to have continued upwards price movement.   

I think that Bitcoin can be used as prime proof of a market being irrational. However, not irrational in a sense that it shouldn't be increasing in value / moving upwards, but the timing and amount it moves usually catches most people by surprise.

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[gembitz]

Wow, did not expect to wake up to this...

Exactly my thought. I was expecting it either to stabilize at $860 or fall down a bit over the last 10 hours. Where is the next stop for this rocket?

/\epic !   *upticking//^$1000 speedbump incoming~weeeeeeee

[rjclarke2000]

It's a good sign the originals are returning, nice to see you all.. I was a 2013 lurker and signed up 2014 during the downturn. Stocked up on btc when blood was on the street.

Not a bad move it seems.

[Karartma1]

Are you late for buying Christmas gifts? I'll tell you what to do! Buy some bits 

[ErisDiscordia]

It's a good sign the originals are returning, nice to see you all.. I was a 2013 lurker and signed up 2014 during the downturn. Stocked up on btc when blood was on the street.

Not a bad move it seems.

An excellent move! With hindsight it seems obvious but the 2014 bear was brutal, this place was toxic and you had to have balls of steel to keep hodling...so - well done!

BTC/USD price above my activity level...lovin' it!

[JayJuanGee]

It's a good sign the originals are returning, nice to see you all.. I was a 2013 lurker and signed up 2014 during the downturn. Stocked up on btc when blood was on the street.

Not a bad move it seems.

you stocked up when?  In the $200s? or some other price points? 

Remember in mid to late 2014, it appeared on a few occasions -prior to bitcoin reaching the lows of the $200s that bitcoin prices had reached their bottom (for example in the $400s in early summer 2014  and then in the upper $300s in about October 2014). 

Those ended up being somewhat sad times in bitcoinlandia because the price stability ladder kept going down.. and then got stuck in the $200s for almost a year... so lots of holding and lots of loss of hope during that time... and lots of folks whose BTC holdings were quite far in the red.

[brokedummy]

I don't even feel like selling yet. You know what? I'm never gonna sell. 3 years of this shit and everything I thought would happen has finally happened and I think I'm going to sit this bubble out and wait for the next one to try to double my coin. Holding forever.

[zoinky]

What a long strange trip it's been, be safe everyone.

[Denker]

I don't even feel like selling yet. You know what? I'm never gonna sell. 3 years of this shit and everything I thought would happen has finally happened and I think I'm going to sit this bubble out and wait for the next one to try to double my coin. Holding forever.

I'm hodling strong as well.Haven't sold one bit so far and don't plan to do so.
I'm pretty sure we are going to see new ATHs very soon, at the latest at the end of Q2 next year.
2017 could be really another exciting year after this real great 2016!

[molecular]

The whole gang is gathering...getting that 2013 feeling!

hey guys, what's up?

Is bitcoin starting to move again?

This could be epic.

EDIT: let's not get ahead of ourselves and take it sloooow this time. Don't wanna scare the noobs with a too-hefty correction.

EDIT2: and btw, reasons? Sure: the halving.

[molecular]

955

Is that prediction of a local top or are you stating a fact of price?

I really can't tell because markets are so bubbly, one or the other getting ahead of itself due to localized supply liquidity problems cannot be ruled out.

It's that time again: people get all crazy, fomo, the media. You never know when it stops.

[PoolMinor]

955

Is that prediction of a local top or are you stating a fact of price?

I really can't tell because markets are so bubbly, one or the other getting ahead of itself due to localized supply liquidity problems cannot be ruled out.

It's that time again: people get all crazy, fomo, the media. You never know when it stops.

Because if I had said 915......

Actually it is mostly TA mixed with gut feeling.

[LFC_Bitcoin]

It's a good sign the originals are returning, nice to see you all.. I was a 2013 lurker and signed up 2014 during the downturn. Stocked up on btc when blood was on the street.

Not a bad move it seems.

Hear Hear! I'm with you brother. A little later to the party, started buying May 2014 but even that is looking good now. I'm at treble my initial investment, actually sold a few coins the last few days (only what I've earnt through sig campaigns really). HODLING hard now though for a year or two I think.

[kurious]

Great to see some of the old guard back here.

Honeybadger is giving everyone a nice Christmas present it seems...  Loving the rockets and gifs - it is indeed feeling like 2013 all over again.

[Ibian]

I have a funny feeling that we are missing something. Like someone knows that another Cyprus is on its way and want out before it's too late.

[rjclarke2000]

It's a good sign the originals are returning, nice to see you all.. I was a 2013 lurker and signed up 2014 during the downturn. Stocked up on btc when blood was on the street.

Not a bad move it seems.

you stocked up when?  In the $200s? or some other price points? 

Remember in mid to late 2014, it appeared on a few occasions -prior to bitcoin reaching the lows of the $200s that bitcoin prices had reached their bottom (for example in the $400s in early summer 2014  and then in the upper $300s in about October 2014). 

Those ended up being somewhat sad times in bitcoinlandia because the price stability ladder kept going down.. and then got stuck in the $200s for almost a year... so lots of holding and lots of loss of hope during that time... and lots of folks whose BTC holdings were quite far in the red.

90% of my coins were bought in the $200 dollar range. For me I remember paying £2xx each for most of them.

I was lurking around in 2013 and had 1 coin before then November pump and I was devastated I thought I'd missed the boat so to speak. Then when things got really bad during the downtrend I watched and watched and then pounced a little bit above the lowest point. Never got them the cheapest but I was happy I was in the game.

[orpington]

Bitcoin is finally back!

And now with a VENGEANCE!

[rjclarke2000]

It's a good sign the originals are returning, nice to see you all.. I was a 2013 lurker and signed up 2014 during the downturn. Stocked up on btc when blood was on the street.

Not a bad move it seems.

Hear Hear! I'm with you brother. A little later to the party, started buying May 2014 but even that is looking good now. I'm at treble my initial investment, actually sold a few coins the last few days (only what I've earnt through sig campaigns really). HODLING hard now though for a year or two I think.

Hi mate, good news you are still hodling! I haven't sold a bean yet and don't plan too. I know there will be a correction but we've all seen this many many times over so nothing new. When we are very rich I'm sure we'll meet up for a few beers to celebrate!

[Globb0]

[acquafredda]

I'm a rocket man
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