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

[conspirosphere.tk]

All I know is, once they default on the debt, gold will probably be in the $20,000-$25,000 an ounce range, and silver should see even higher percentage gains.

In 2008 gold crashed hard (from 972 to 732 $/ounce) with everything else, before hitting an ATH later (1837 $ in 2011). I would not exclude a similar 2-step move.

[1714945606]

1714945606

[1714945606]

1714945606

[1714945606]

1714945606

[1714945606]

1714945606

[1714945606]

1714945606

[Torque]

As someone who has been following the markets for 3 years and is now making a living off them, let me tell you disasters have a way of not happening, and it's certainly not gonna happen in at least 1 year. Corporate credit is perfect and the Trump rally is only one chapter of the bull market that started around one year ago.

Total, complete, and utter bullshit.  That's what Wallstreet and the media want Average Joe retail investor to believe. If the Fed begins to raise rates, a market correction will happen within a year, 18 months at the longest.  

The only thing that could possibly temper a major market correction is if interest rates are kept inordinately low until Trumps corporate tax cuts and punitive trade tariffs have enough time to actually kick in and inact drastic domestic business changes... but that would take at least 18-24 months to take effect, provided they were inacted right now, tomorrow at the latest.

[BillyBobZorton]

I predict we'll bounce against the $1,000 ceiling a few times and "fall" all the way back down to the $930s then settle back in to the $950-$970 range for a while (but not too long).

I agree, $1000 always seems to trigger lots of people to sell. I don't know why but that's their decision. I'm looking forward to seeing $1000 act as a solid support.

It is stupid mental and psychological pressure. $1000 is such a round, nice looking number, that's all. But make no mistake, we went from $1000+ to $750 crash because of the chinese shenanigans. Now that those are over, we don't have that fear anymore of the PBOC purposedly collapsing the market to short, so we will naturally keep growing and surpassing gold where bitcoin belongs.

[JayJuanGee]

I see price rise, I buy.
I see price fall, I hodl.

I'm the opposite. I see the price rise, I hold. I see it fall, I buy.

good man! I do the same.

I can't resist...... asserting my variation..... which I think is more solid because it provides for a lot more ammunition when the price does fall (from time to time, which seems nearly inevitable)

yes  buy on the way down.

BUT (that's a big BUT)

sell on the way up.

Currently, I only sell about 1% for every 10% price rise, and you can vary how much you sell... the mistake that people make is that they either sell too much or attempt to time the situation... if you are going to make a mistake, error on the side of selling too little, not selling too much.. that is why I have a hard time to criticize anyone who choses to sell none, but I do think that it would be in their interest to sell a little bit, even if that is only .1% for every 10% price rise or 1% for every 100% price rise.. whatever floats your boat.  

I see price rise, I buy.
I see price fall, I hodl.

I'm the opposite. I see the price rise, I hold. I see it fall, I buy.

good man! I do the same.

Buying into the rocket is more fun.

Yep... that is true... the rest of us really need people like you in order for the price to rise and to contribute to volatility...


You GO!!!!!!!!   Keep on keeping on!!!!!       

[cmacwiz]

I agree that moderating out all the nazi talk is good. Whether or not people agree with some of the race and culture viewpoints provided in the discussion, it really does not belong here. I am imagining what it would be like if the first time I got to the Wall observer to check people's market opinions, only to find an argument about killing jewish children, led by the contrived interrogation from someone who seems like an NPC villain in a crappy indie WWIII videogame

[jbreher]

With Bitcoin major mining pools making up more than 5% of the network [per pool] just one owner of a pool is all it takes for the change not to go through.

Almost makes one wonder why the oh-so-prescient core devs/blockstream employees/AXA proxies choose a 95% activation rate.

Why is it though? I mean it is the change they wish to implement so why roadblock it?

Is it indeed the change they wish? The evidence -- at least if one assumes they really are so durned smart -- suggests otherwise.

[hifzi]

i make holiday during jan
now i look  btc chart is so strange in chinesse,
can somebody tell me why their volume is so low, from miliion btc daily to only thousands daily average volume?
thyanks

[cmacwiz]

i make holiday during jan
now i look  btc chart is so strange in chinesse,
can somebody tell me why their volume is so low, from miliion btc daily to only thousands daily average volume?
thyanks

PBoC is making everyone pay fees now! OKCasino is slow these days

[bitcoinvest]

some days before only by feeling (that can be wrong sometimes we all know ) i wrote that it will go up and the trend will be up....
but does anybody can tell us why is going up steady ? is there a good reason or just because is the Bitcoin we all know >

[JayJuanGee]

some days before only by feeling (that can be wrong sometimes we all know ) i wrote that it will go up and the trend will be up....
but does anybody can tell us why is going up steady ? is there a good reason or just because is the Bitcoin we all know >

The reason is that more buyers than sellers...     

[Genesis1337]

some days before only by feeling (that can be wrong sometimes we all know ) i wrote that it will go up and the trend will be up....
but does anybody can tell us why is going up steady ? is there a good reason or just because is the Bitcoin we all know >

because as people begin to realize fiat currencies controlled by central banks contantly depciate in value, they look a currency that is decentralized and not controlled by any central entity. so the market cap will just keep rising as people keep waking up. going towards the true value of $800,000 per bitcoin!! xD  

[Globb0]

So everyone said China was leading the market and driving up the price, but without their free coins the dumps have disappeared. Maybe they weren't as great as you thought?

[Meuh6879]

India Gov tax at 100% the CASH deposit at 4500 USD and above ... at 1st April (2017).
https://cointelegraph.com/news/india-assaults-cash-again-100-fine-for-cash-use-will-boost-bitcoin-price


Buy all bitcoins, catch all before the 2000 USD ...

[Pruden]

As someone who has been following the markets for 3 years and is now making a living off them, let me tell you disasters have a way of not happening, and it's certainly not gonna happen in at least 1 year. Corporate credit is perfect and the Trump rally is only one chapter of the bull market that started around one year ago.

Total, complete, and utter bullshit.  That's what Wallstreet and the media want Average Joe retail investor to believe. If the Fed begins to raise rates, a market correction will happen within a year, 18 months at the longest.  

The only thing that could possibly temper a major market correction is if interest rates are kept inordinately low until Trumps corporate tax cuts and punitive trade tariffs have enough time to actually kick in and inact drastic domestic business changes... but that would take at least 18-24 months to take effect, provided they were inacted right now, tomorrow at the latest.

You forgot to include any semblance of reasoning in your message.

Corporate credit is on fire, that is a fact because issuance and prices are public. How you can see a conspiracy in that is beyond me. Corporate credit deteriorates well before the stock market, around 1-2 years in advance.

Also, you were talking about something "worse than 2008" but now you mention a "correction" (which I define as a drawdown of around 10% and less than a year long). Of course corrections are gonna happen all the time.

Also, you forget than rates may rise behind inflation so they wouldn't matter.

[roony]

Gona hit 1000 USD today, thats my prediction 

[K~Ehleyr]

Gona hit 1000 USD today, thats my prediction 

I call $1000 in 48 hours, €1000 by the weekend 

[JayJuanGee]

Gona hit 1000 USD today, thats my prediction 

Gonna hit it, ONLY? or go above it?  If it goes above $1,000, then likely we need a 2% or more cushion just to be safe, no?

I think that just hitting it is really NOT very meaningful, because at this point, we are about 2% from "hitting" it, and seem like it is just about the same as "hitting" it...  The more important question, at the moment, seems to be about whether we will break it or not, and get sufficiently cushioned above it for at least a day or so..   Am I wrong?

[Genesis1337]

Gona hit 1000 USD today, thats my prediction 

( ͡° ͜ʖ ͡°) four digits ( ͡° ͜ʖ ͡°)

[K~Ehleyr]

We're going to break the K properly this time, it's time.  And we're consolidating all the way, so even if we're skipping over and under the K for a couple of days, once it sticks it's stuck. 

[cmacwiz]

I am neither euphoric nor nervous. This rise in price seems very stable, big market movement and momentum protected by reward halving. Chinese frivolities subside, now it feels like a gondola ride.