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Poll
Question: When $60K? (EST time zone)
Feb. 21 - 7 (5.7%)
Feb. 22 - 19 (15.6%)
Feb. 23 - 13 (10.7%)
Feb. 24 - 9 (7.4%)
Feb. 25 - 8 (6.6%)
Feb. 26 - 9 (7.4%)
Feb. 27 - 3 (2.5%)
Feb. 28 - 4 (3.3%)
March - 28 (23%)
After March - 14 (11.5%)
Never - 8 (6.6%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25193151 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
hodl_2015
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July 09, 2017, 07:07:26 PM

I recently asked the IRS if I could pay taxes in Bitcoin. They said unfortunately no, taxes need to be paid in US currency as that is the reason for US currency to exist.
I could pay through bitwala, so I would not need a Euro bank account and still be able to pay my taxes, but I still would be paying in Euro's.
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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1615240741
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ChrisPop
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July 09, 2017, 08:17:49 PM

As the market looks now bitcoin price should continue going sideways until 1st August and moon probably to $3500 then steadily to $5000. It has a triple confirmed support line at ~$2420 so I can hardly see it go below that,but even if it goes that's a great buying opportunity as it will most surely moon after Segwit is implemented.  Wink
HI-TEC99
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July 09, 2017, 08:26:30 PM

As the market looks now bitcoin price should continue going sideways until 1st August and moon probably to $3500 then steadily to $5000. It has a triple confirmed support line at ~$2420 so I can hardly see it go below that,but even if it goes that's a great buying opportunity as it will most surely moon after Segwit is implemented.  Wink

I'm hoping it goes up a bit after the weekend. The bank wires start getting processed then, and when they reach exchanges the extra fiat might push the price upwards. However, it has been going sideways a long time so maybe it will just continue sideways.
Biro Bob
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July 09, 2017, 08:44:03 PM

Yep, I can't see any signatures either...and it's actually quite nice  Smiley

Yes. Very refreshing.  Smiley

Excellent!

Agreed! I am very pleased to see the death of signatures.
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July 09, 2017, 08:50:30 PM

Thanks for picking up the mantle, infofront.
Glad to be back.
BlindMayorBitcorn
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July 09, 2017, 09:15:09 PM

Yep, I can't see any signatures either...and it's actually quite nice  Smiley

Yes. Very refreshing.  Smiley

Excellent!

Agreed! I am very pleased to see the death of signatures.

JJG seems to have less incentive to say a whole lot of nothing. Honestly, we couldn't have planned this better if we tried. Cheesy
JayJuanGee
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July 09, 2017, 09:29:45 PM

Yep, I can't see any signatures either...and it's actually quite nice  Smiley

Yes. Very refreshing.  Smiley

Excellent!

Agreed! I am very pleased to see the death of signatures.

JJG seems to have less incentive to say a whole lot of nothing. Honestly, we couldn't have planned this better if we tried. Cheesy



hahahahahahaha   .....




NOT

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"we"  ?? Royal or no?   Roll Eyes
BlindMayorBitcorn
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July 09, 2017, 09:41:42 PM

^ Smiley

Hey how come nobody's observed this massive buy wall? Hmm?
https://www.reddit.com/r/Bitcoin/comments/6m8reg/bullwhale_sets_up_massive_buy_wall_on_gdax_eurbtc/
bitserve
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July 09, 2017, 09:48:16 PM
Last edit: July 09, 2017, 10:09:00 PM by bitserve


Because the wall observing thing is just a smokescreen for our real activity here? Smiley

I haven't seen a real (not spoofed) large wall in ages. There have been some real medium size though.

Also I think most people are observing Bitstamp/Kraken/Bitfinex... but not GDAX.


P.S.: And who has hacked JJG account? What's up with that *SIX* word post?!??!

rjclarke2000
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July 09, 2017, 09:52:22 PM

I don't even know what a wall is and I've been lurking since 2013 and joined in 2014. I just come here for the gifs and memes.


Great to have this thread back again.

So has infofront assassinated Adam or something? What's the deal there?
chopcoin.io
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July 09, 2017, 09:53:19 PM

Supposed walls have vanished too often upon approach to be really meaningful and often indicate a movement in the opposite direction - eg buy walls might exist to fill sell order in front of them  Wink
Ted E. Bare
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July 09, 2017, 10:00:01 PM

That is a lot of money. My money is on sideways, then moon September - December.
empowering
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July 09, 2017, 10:26:25 PM
Last edit: July 10, 2017, 04:32:27 PM by empowering

Welcome back gentlemen. Feel free to message me if you have requests, suggestions, concerns, etc.

We are back in action!

Congrats by the way infofront! Smiley

Let the games begin Wink


(ps thankis for the support guys!)
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July 10, 2017, 12:23:40 AM

If 2500 is breached on Stamp here, we're going to see some downside.

Otherwise bot trading still in control.
deepcolderwallet
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July 10, 2017, 12:41:42 AM

If 2500 is breached on Stamp here, we're going to see some downside.

Otherwise bot trading still in control.

BitFinex lost $2500 a couple hours ago and isn't showing strength to recover so far...
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July 10, 2017, 12:57:52 AM

Relatively speaking, trading volume feels so anemic though.  It's like the bots are just on auto, traders still on vacation. Tongue
leowonderful
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July 10, 2017, 01:04:15 AM

Relatively speaking, trading volume feels so anemic though.  It's like the bots are just on auto, traders still on vacation. Tongue

Guys are holding on until past or during Aug 1st for the real action. What happens now is nothing. Sure, it's not fun, but it's understandable traders aren't doing much these days.
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July 10, 2017, 01:18:34 AM

I don't even know what a wall is and I've been lurking since 2013 and joined in 2014. I just come here for the gifs and memes.
Great to have this thread back again.

+1
But kitten pics are too few! Also, I'm interested in real content pearls emerging from the noisy chatter.
Happy to see the thread back on its feet. I'm a long-time lurker too, just joined a few weeks ago.

Kraken just verified my account to Tier 2. It took them less than 2 months. Not bad, eh? They must have very little to do these days.

As for the "what's gonna happen" poll, I can't vote cuz I'm a newbie, but my guess is we'll see some slight upward action sooner than August (say high 2600s to low 2700s), then maybe some more sideways motion or even a slight but significant dip as big money hone their swords. Then in August, I don't think we're really going to the moon, but I'm expecting 3k-3.5k when the dust settles (late Aug/early Sep).
Elwar
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July 10, 2017, 01:28:58 AM

I would say this is the calm before the storm.

I suspect that as Aug 1st gets closer people will have itchy trigger fingers on both sides of the aisle sending the price all over the place.

Though detaching the price from any known position does tend to send it upwards to higher rates. Of course followed by several crashes, etc.
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July 10, 2017, 02:37:12 AM
Last edit: July 10, 2017, 03:00:48 AM by marcus_of_augustus

August 1 might be interesting from bitcoin specific viewpoint but I tend to think it may be something of an anti-climax either way it goes.

August 21 is the one I have penciled in my diary ... Black Moon Total Eclipse with a Path of Totality that passes over much of the continental USA, I think it  goes without saying that many dipshit americans will predictably lose their shit and the usual suspects will over-react, including financial markets.

Interestingly, the path of totality passes very close to the Yellowstone Super-volcano that has shown some signs of increased activity lately (with earlier close passes of the moon obstruction?). The massive size of the magma plume that lies beneath Yellowstone maybe large enough to incur tidal force perturbations due to the solar eclipse, significant enough to cause rumblings from the beast within the Earth.

And then there is the possibility of anomalous gravitational forces (or torques) at work during Total Solar Eclipses, that have been partially recorded in past experiments but never rigorously verified or comprehensively explained, coming into play ... Allais Effect

Popping the cork on a Super-volcano would start a huge party.
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