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

[Fatman3001]

btc price 10 Jan 17 $883
today $14120  I can live with that

I only look at the yearly chart too.

Yep, it really depends on how much you initially invested into it. I may not get superrich with it, but it´s a blast. Even if it goes down by half, or so.
People forget the timeline here. My bank would have given me one or two percent for my money, per fcking year !
No risk, no fun.

You enter the category of "superrich" at 30 million USD. I suspect a lot of the old bitcoiners in this thread are getting fairly close soon.

[xhomerx10]

...I think that if your goal was to make an interim cashing out of BTC around the value of 60 BTC at $17k, then you could have started cashing out in 10BTC increments and met the same result with an incrementalism something like this:  1)10 BTC at $14,500, 10 BTC at $15,500, 10 BTC at $16,500, 10 BTC at $17,500, 10 BTC at $18,500, and 10 BTC at $19,500...

Hindsight is a real bitch, huh ?  

EDIT: Seeing BTC sink below $14k breaks my heart. I'm HODLing, and mentally preparing myself to work another quarter, aiming to exit the workforce in mid-late Q2. At least taking a wait-and-see approach and see how the market is like end of March. I waited too long and got greedy. Now I'm all despondent and stuff. Sheeit.

Seriously? You were talking about cashing out 1M @ 10K?  That was only 2 months ago. Put a your 60 on the block and stop it already.

 +1
or BTFD!

[lightfoot]

So we're still stuck at 14k. This feels like that time we were stuck at 600 and everyone went on about how bitcoin was dead.

HODLing, no big deal.

[Globb0]

Oh Kodak... lol
http://www.businessinsider.com/kashminer-kodak-bitcoin-mining-2018-1

I'm thinking of shorting their stock. Any thoughts on that ?

KashMiner    FFS

A late entry to the cloud mining scam game.... Kodak

As ever if its profitable, why do they need a customer to sell it to?

I work for a company that is building a Bitcoin mining facility. I’ve spent countless hours building complex spreadsheets, modeling price fluctuations, scouting green energy, accounting for difficulty...

This, from @Kodak, is actually insulting. Please don’t give them money. https://twitter.com/fearthecowboy/status/950865561616920576 …

I think we are on the same page. This is a trap for the lemmings.

[Torque]

So we're still stuck at 14k. This feels like that time we were stuck at 600 and everyone went on about how bitcoin was dead.

HODLing, no big deal.

Last year the MSM's mantra was "Stay away from Bitcoin."

Now the new year MSM paradigm shift is already "Crypto space is great, blockchain and shitcoins are good. If you're going to invest in this space, invest in anything and everything BUT Bitcoin."

Methinks that me sees a pattern here... hmmm...

[podyx]

Is ethereum a threat?

[Neo_Coin]

Are you guys ready to see BTC lose that no.1 spot on coinmarketcap?

Go up with ETH !  

https://coinmarketcap.com

[Deeyoh]

Don't think ETH is a threat.  It's just a less crappy of the crap coins and a bunch of people are dumping their crappier coins to go to it.  

[pawel7777]

...

KashMiner    FFS

A late entry to the cloud mining scam game.... Kodak

As ever if its profitable, why do they need a customer to sell it to?

You pay them upfront in fiat, the risk of volatility and rise in difficulty is on the buyers. So quick & easy profit for Kodak and they don't even have to touch Bitcoin.

[Torque]

Is ethereum a threat?

Wasn't XRP the threat just last week? Or LTC like two weeks ago? Or BCash like two months ago? Or....?

[ssmc2]

Is ethereum a threat?

https://bitcointalk.org/index.php?topic=2673755.0

This pdf is very enlightening

[flynn]

hahahahaha => https://www.theverge.com/2018/1/10/16873090/bitcoin-bitcoin-cash-overstock-payment-glitch-cryptocurrency

[Torque]

hahahahaha => https://www.theverge.com/2018/1/10/16873090/bitcoin-bitcoin-cash-overstock-payment-glitch-cryptocurrency

Hopefully when this escalates up to Patrick, he'll kill that BCash payment offering. Never should have allowed that crap to begin with.

[Phil_S]

We're going back to 15k today, I can feel it!

[Torque]

We're going back to 15k today, I can feel it!

I feel fairly certain that the group that has been shorting since $17k is the same group that started pumping the market on 1/2. They've been building a sizable short position ever since. Alts are going to get rekt soon.

[TERA2]

What makes you think someone is taking a 'sizable' short? Who would want to take a sizable short? Bitcoins are so scarce. If I was shorting, I would want my position to be as small as possible: For example, one satoshi.

[conspirosphere.tk]

I HODL what I can after that pound of flesh is taken out by the Taxman.

it's a bit more than a pound:

[fluidjax]

The path to enlightenment...


December/January
I'm getting into cryptocurrency, gonna buy me some Bitcoin
Nah, Bitcoin is too expensive, there are these Altcoins, I'll buy me some Ripple & Tron they are really cheap and everyone says its going to the moon.
Oh, I'm gonna sell those now I fully understand cryptocurrencies, most of these Altcoins are shit, I'm gonna just get the best ones like Ethereum & Bitcoin Cash.
Look I was right Bitcoin is finished it's going down.
.
..
.
Some time later that year
Oh shit, I really scerwed that up, gonna sell all my shitcoins and get Bitcoin again.

[fabiorem]

Are we in a bear market, gentlemen? Seems that the market is freezing.

[AllGoodNamesAreTaken]

We're going back to 15k today, I can feel it!

I think it will all be about Ethereum the next few days...