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

[Torque]

people with any sense would walk away. people without sense shouldn't be in charge of their own money. i feel bad for them but it's so obvious i don't feel sorry for them.

Nah, we can't be a nanny state society trying to save everyone from themselves. Education is all we can do. Obvious scams, however, do need to be cut off at the knees before they can harm anyone.

I see young people digging themselves into debt with credit cards and big overpriced houses, or eating and drinking themselves to death, or drug using. They have been guided by their parents (hopefully), and have education about this stuff at their fingertips with the Internet. But I don't want to live in a police state that tries to control what these people do with their money (or debt), or what they do to themselves with drugs or bad eating/drinking habits. People have to take some level of responsibility for themselves.

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[JimboToronto]

Good morning Bitcoinland.

After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).

This is the kind of moderate growth we need to keep going.

Go Bitcoin go.

[Torque]

And dat hashrate! Go!

[HI-TEC99]

Good morning Bitcoinland.

After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).

This is the kind of moderate growth we need to keep going.

Go Bitcoin go.

Bitcoin's price is higher now than at the start of the weekend, and the banks are closed. Maybe the $100 correction was facilitated by the banks taking the weekend off. Hopefully the price will go higher when the banks open on Monday, and wires to exchanges start moving again.

[LFC_Bitcoin]

Good morning Bitcoinland.

After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).

This is the kind of moderate growth we need to keep going.

Go Bitcoin go.

Definitely, slow & steady upwards price increments is the way to go. Much better than huge pumps which are unsustainable & are usually followed by an inevitable dump.

Be nice to break $3000 by the end of 2017, that's my personal hope.

[mOgliE]

Good morning Bitcoinland.

After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).

This is the kind of moderate growth we need to keep going.

Go Bitcoin go.

Yeah I sure prefer that to the horrible rises we had previously...

Slow and solid growth with small corrections is OK.
I just don't want to see another peak at 3500 for some times... We don't need it and it can't be a stable and healthy rise to reach that ><

[leowonderful]

And dat hashrate! Go!

Bad for my tiny farm I'm stuck in the middle of alts or Bitcoin, I can't find any decently priced cards that can be bought with Bitcoin and my S7s are quickly becoming obsolete. S9 is way too loud. The current growth we are seeing is what we should be getting, if we continue this trend and a correction or two on the way we will be near 3500 on August. No guarantees though.

[craked5]

Good morning Bitcoinland.

After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).

This is the kind of moderate growth we need to keep going.

Go Bitcoin go.

Definitely, slow & steady upwards price increments is the way to go. Much better than huge pumps which are unsustainable & are usually followed by an inevitable dump.

Be nice to break $3000 by the end of 2017, that's my personal hope.

That's something I can support!
A 3k break by the end of the year would be ok, much more than a crazy ride to 4k just to see the coin dying back to 2500...

3k is an honest goal. I just hop for a small dip before because something too solid lacks entry points ^^

[White sugar]

Good morning Bitcoinland.

After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).

This is the kind of moderate growth we need to keep going.

Go Bitcoin go.

Definitely, slow & steady upwards price increments is the way to go. Much better than huge pumps which are unsustainable & are usually followed by an inevitable dump.

Be nice to break $3000 by the end of 2017, that's my personal hope.

That's something I can support!
A 3k break by the end of the year would be ok, much more than a crazy ride to 4k just to see the coin dying back to 2500...

3k is an honest goal. I just hop for a small dip before because something too solid lacks entry points ^^

Less than $500 from the current level after $1500 rise since January?

Think bigger.

Why not another $1500 rise?

[BitcoinNewsMagazine]

Absent major drama $4200 - $4400 is doable by year end. Look at past ATHs and compare the rise to previous.

[elite3000]

Absent major drama $4200 - $4400 is doable by year end. Look at past ATHs and compare the rise to previous.

Yes, but lots of things may happen in August with a possible hard or soft fork incoming, that could hurt BTC at least for a while, or even make the rise even bigger. One way or another, I think there will be a drama.

[Richy_T]

If you do cash out a significant amount, the problem I see is buying property. AML laws mean solicitors in most Western countries will want to see evidence of source of funds. It is also likely to trigger suspicion, which, at least in the UK, means a SAR (Suspicious Activity Report) being filed with the NCA (National Crime Agency).

Just buy a carwash.

[rjclarke2000]

If you do cash out a significant amount, the problem I see is buying property. AML laws mean solicitors in most Western countries will want to see evidence of source of funds. It is also likely to trigger suspicion, which, at least in the UK, means a SAR (Suspicious Activity Report) being filed with the NCA (National Crime Agency).

Just buy a carwash.

Well this is very bad news. I thought the property thing was a good plan.

[FractalUniverse]

so  pay tax from it and you'll be fine.?

[podyx]

What's this bullshit now?

[Torque]

What's this bullshit now?

China ban bitcoin?

[petahashminer]

What's this bullshit now?

China ban bitcoin?

yeah that is the 25471th times of banning bitcoin.

well done and good game wp china.

[sirazimuth]

Good morning Bitcoinland.

After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).

This is the kind of moderate growth we need to keep going.

Go Bitcoin go.

Definitely, slow & steady upwards price increments is the way to go. Much better than huge pumps which are unsustainable & are usually followed by an inevitable dump.

Be nice to break $3000 by the end of 2017, that's my personal hope.

breaking $3000 by end of year is a cakewalk ,
tho it wont be a rise, more likely a crash from $3500
(followed by $4000 shortly thereafter)...this is bitcoin folks....

[JayJuanGee]

Good morning Bitcoinland.

After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).

This is the kind of moderate growth we need to keep going.

Go Bitcoin go.

Yeah I sure prefer that to the horrible rises we had previously...

Slow and solid growth with small corrections is OK.
I just don't want to see another peak at 3500 for some times... We don't need it and it can't be a stable and healthy rise to reach that ><

That might be what you prefer, but there is no real way to control the trend of the market.. and we all know the expression that the trend is your friend... so you cannot really give much weight to your preference as being more than merely a dream rather than what is the more likely scenario... the more likely scenario, at this point, seems that we are going to continue upwards and then at some point we are going to have an upwards spike and then a correction.  Sure, we could experience a correction before we experience that irrational upwards spike, but at this time, that seems to be a less likely scenario..   

So, in essence, each of us "in the know" should be preparing ourselves for an upwards spike and then a correction, and don't be living in a fantasy regarding our preferences that is not too likely to happen.   

 

[bitcoinrevolution]

Good morning Bitcoinland.

After 4 days of slowly rising prices we had a nice little $100 correction and bounce halfway back up and seem to be consolidating well above $2500... currently $2525 (Bitcoinaverage).

This is the kind of moderate growth we need to keep going.

Go Bitcoin go.

$3000 NOBRAINER ===> bitcoin heading main street