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

[Ivor Biggun]

There was someone at work living in his office for two weeks before anyone noticed.  No one cared except HR.  They seemed to think it set a bad example.  He was getting a lot done.

Elon Musk lived in his office and showered at the local YMCA before he got rich. He got quite a lot done.

http://abcnews.go.com/Business/how-elon-musk-went-from-showering-at-the-ymca-to-building-a-mars-colony/blogEntry?id=20869575

Musk, 42, explained today the crazy journey that brought him from showering in the local YMCA in Silicon Valley while living in his small PayPal startup office to thinking about how to build a civilization on Mars.

[Toxic2040]

Quick last look for the evening. Solid is all that comes to mind.   
---------------
Bitcoin

Support is building nicely at $7.8k with a defined secondary floor at $7.4k as told by the cloud cover below. I think a test of $8.5k is going to happen over this weekend with even higher levels possible if FOMO kicks in. Many institutional traders are still waiting on the side for a more defined move out of the bearish downtrend we have been experiencing. 



As always..please do your own research. Read and learn something new everyday.

[Ivor Biggun]

Let's all raise a glass to celebrate +12% today

I'll second that. Cheers.

[Elwar]

Pro-Tip: If you can't afford a proper home, just buy a warehouse/storage container to have all your shit and sleep on it and a gym pass to shower and maintain your looks and fit. Way better than trying to sleep/live on a car (even if it were a Maybach).

For a long time I considered living in a stealth sleeper van. I was going to paint it up like a plumber's van or something that nobody would care about sitting on their street.

Doing my research a lot of people talked about how you should get a gym membership instead of installing a shower.

Also, Walmart is the most friendly to people parking over night.

[jbreher]

Are we talking the wet stuff in tins or the dry stuff in a big bag?

Tins.

Tins is no "gourmet".

I assumed you were talking about something like this:

https://www.google.es/search?q=gourmet+crystal+purina&dcr=1&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjU5c__sbbaAhVCVRQKHad8Ae4Q_AUICigB&biw=1366&bih=606

https://i.ytimg.com/vi/3uDZaOoi7qQ/maxresdefault.jpg

No. Dinki-Di.

[jbreher]

There was someone at work living in his office for two weeks before anyone noticed.  No one cared except HR.  They seemed to think it set a bad example.  He was getting a lot done.

I ain't necessarily proud of what i had to do in my youth.

[Karartma1]

In a bull day I have not come here to read about pet food.
You guys are nuts.

On a completely different note, a few weeks ago bitcoin was dead but now...
https://www.cnbc.com/video/2018/04/12/bitcoin-could-triple-in-price-by-years-end-says-fundstrats-tom-lee.html

[Searing]

In a bull day I have not come here to read about pet food.
You guys are nuts.

On a completely different note, a few weeks ago bitcoin was dead but now...
https://www.cnbc.com/video/2018/04/12/bitcoin-could-triple-in-price-by-years-end-says-fundstrats-tom-lee.html

But Tom Lee always says this, no matter what the price. Would be great if he is correct...but otherwise 'Big Yawn"

[doc12]

In a bull day I have not come here to read about pet food.
You guys are nuts.

On a completely different note, a few weeks ago bitcoin was dead but now...
https://www.cnbc.com/video/2018/04/12/bitcoin-could-triple-in-price-by-years-end-says-fundstrats-tom-lee.html

But Tom Lee always says this, no matter what the price. Would be great if he is correct...but otherwise 'Big Yawn"

Maybe because its a "real" prediction, he really is convinced off? Not like most of the chartwizzard dumbfucks who are changing their opinion every 5 minutes

[bitebits]

In a bull day I have not come here to read about pet food.
You guys are nuts.

On a completely different note, a few weeks ago bitcoin was dead but now...
https://www.cnbc.com/video/2018/04/12/bitcoin-could-triple-in-price-by-years-end-says-fundstrats-tom-lee.html

But Tom Lee always says this, no matter what the price. Would be great if he is correct...but otherwise 'Big Yawn"

Perhaps you should have a look at Tim Draper's crystal ball.

Spoiler: $250k by 2022


Edit: I actually like this Tom Lee guy. Calm and making bullish guesstimates, but based on underlying statistics. Can recommend watching him talk on the 'Upfront Summit 2018', The Economics of Cryptocurrencies:
https://www.youtube.com/watch?v=GGberGnxiJk

[Fazlurkhan.kz]

By the end of 2018-

• Michael Novogratz - The former Fortress hedge fund manager predicts that it might reach $40,000.
• SAXO Bank predicts it might crash (later in 2018) but reach up to $60,000 before crashing.
• Dav Chapman - The CEO of Octagon Strategy predicts it to reach up to $100,000.

Whereas,
Tom Lee - A wall street strategist expects it to reach $25,000 by 2022. As it reaches nearly 18k last year thew 25k prediction sounds just okay but there are chances that it would occur earlier.
From the above "predictions" bitcoin by the end of 2018 could be anywhere between $25,000 - $100,000.
HOPEFULLY.

[Ibian]

Figured this place would be an excited chatterbox with todays events. Not disappointed at what I found instead. Anyway, anyone else notice that euros look like monopoly money? It's a little bit unnerving.

[Searing]

In a bull day I have not come here to read about pet food.
You guys are nuts.

On a completely different note, a few weeks ago bitcoin was dead but now...
https://www.cnbc.com/video/2018/04/12/bitcoin-could-triple-in-price-by-years-end-says-fundstrats-tom-lee.html

But Tom Lee always says this, no matter what the price. Would be great if he is correct...but otherwise 'Big Yawn"

Maybe because its a "real" prediction, he really is convinced off? Not like most of the chartwizzard dumbfucks who are changing their opinion every 5 minutes

This is true..he is dead on ..on what he says he uses for data....got to give the guy that he don't flip back and forth with the FUD crypto winds...

[HairyMaclairy]

I don't know why you guys are eating cat food when you can get 20 lbs of rice and a bottle of thousand island dressing for $14.  That's a month worth of food right there. 

[LFC_Bitcoin]

Waking up to see over $8,000 like.....

[Elwar]

The sad thing is that the price jump is probably someone with insider knowledge who knows the US is about to start a(nother) full out war.

[milkshock100]

The sad thing is that the price jump is probably someone with insider knowledge who knows the US is about to start a(nother) full out war.

I agree I think the Syria issue is helping drive the price

[LFC_Bitcoin]

The sad thing is that the price jump is probably someone with insider knowledge who knows the US is about to start a(nother) full out war.

Meh, as long as it doesn’t affect any of us, where we love - pump this bitch!

[Lontonbit]

Omg another sexy leg up! Suck my bitcoin, bears!

[Ibian]

I can't see Trump starting a war with Syria, knowing the chain reaction it could cause and considering that Assad probably didn't do a tenth of what we are accusing him of. There must be something else at play.