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

[adamstgBit]

it feels like the market at an impasse

we can see much higher prices in the future

but in the short term we are overbought.

in the past the short term speculation has won out over the long term potential value

but this time its really not so clear what the market will do.

[1714637606]

1714637606

[1714637606]

1714637606

[1714637606]

1714637606

[1714637606]

1714637606

[mvidetto]

it feels like the market at an impasse

we can see much higher prices in the future

but in the short term we are overbought.

in the past the short term speculation has won out over the long term potential value

but this time its really not so clear what the market will do.

Agree with nearly all, but price will likely slowly fall like $3-5 a day for a few weeks.

[NewLiberty]

I am happy for no reason at all.  -0-
Such senseless bliss can never be removed.
I do not need coins to be happy.
Coins help me to make others happy, which is fun.  So they are good.

[Searing]

I don't think anyone here really realizes how very rich you are all going to be someday. Oh, sure you all bla bla bla about holding coins and buying more but don't realize that you will honestly be wealthy. If any of you were to get hit by a bus and wake from a coma 10 years from now, if you properly secured your wallet, you would want for nothing the rest of your lives.

10 years?  Hopefully 2 or 3 years is all it takes.     I could do without the coma too.

I think many of us are very optimistic.  Nothing is for sure though.  The strange thing is I tend to be pretty conservative and not much of a risk taker but with Bitcoin it is hard to not just throw caution to the wind and go all in.  The rewards outweigh the risk so much that it is more logical to do so than not to.

myself ..I just can't see it being that "rosy" there has to be "pushback" from powers that be...vested interests...the folks that like the way the system is setup now via banking finance etc....if I had to guess they will either get on the bandwagon like soonist...or they will make an "alternative ..they will call it a 'respectable" virtual currency coin to replace bitcoin

but in reality i think it is gonna get really really messy...i only will have probably 35-40 coins mining by spring so hoding is not such a big deal...but for those of you with a lot of coins gonna be some sleepless nights (of course I hope it i'm wrong and it is all hot fudge sundaes and unicoins and rainbows....but I expect a major backlash against our "evil" non-traditoinal money xfering ways any day now)

i will now retire with my tinfoil hat and star trek the next gen dvd's (like i know squat)

Searing

[adamstgBit]

it feels like the market at an impasse

we can see much higher prices in the future

but in the short term we are overbought.

in the past the short term speculation has won out over the long term potential value

but this time its really not so clear what the market will do.

Agree with nearly all, but price will likely slowly fall like $3-5 a day for a few weeks.

this has been my feeling as well, on every bubble, but its turned out to be wrong.

once the market makes up its mind its going to move to its target FAST

[NewLiberty]

i will now retire with my tinfoil hat and star trek the next gen dvd's (like i know squat)

http://www.youtube.com/watch?v=oiSn2JuDQSc#t=0

[niner]

I am happy for no reason at all.  -0-
Such senseless bliss can never be removed.
I do not need coins to be happy.
Coins help me to make others happy, which is fun.  So they are good.

+1

There should be one more option in the poll "Bitcoins can't buy happiness"
Since there was no such option I voted "BUY BUY BUY" of course.

[adamstgBit]

I am happy for no reason at all.  -0-
Such senseless bliss can never be removed.
I do not need coins to be happy.
Coins help me to make others happy, which is fun.  So they are good.

+1

There should be one more option in the poll "Bitcoins can't buy happiness"
Since there was no such option I voted "BUY BUY BUY" of course.

i voted 0, but "Bitcoins can't buy happiness" is more precise

buying a few bitcoins has how ever brought much joy into my life, and its not about the profits i made along the way, its the things that i learned about life & myself.

http://youtu.be/vaiEwbDkKAQ  


but now its over  sell sell sell 

[NewLiberty]

I am happy for no reason at all.  -0-
Such senseless bliss can never be removed.
I do not need coins to be happy.
Coins help me to make others happy, which is fun.  So they are good.

+1

There should be one more option in the poll "Bitcoins can't buy happiness"
Since there was no such option I voted "BUY BUY BUY" of course.

i voted 0, but "Bitcoins can't buy happiness" is more precise

buying a few bitcoins has how ever brought much joy into my life, and its not about the profits i made along the way, its the things that i learned about life & myself.

http://youtu.be/vaiEwbDkKAQ  


but now its over  sell sell sell  

For me, its the people.
Bitcoiners are special.
"to the journey"

[BitThink]

https://bitcointalk.org/index.php?topic=372267.0;topicseen

Could this guy be considered as a whale?

EDIT: my bad, I thought he was selling 40K coins.

[BitChick]

https://bitcointalk.org/index.php?topic=372267.0;topicseen

Could this guy be considered as a whale?

40k is not that much.  I would say no. 

[bito]

Okay opinions aside on the merit in comparing the bid and ask sum, i286 is reporting a different number ($38.2M bid, B41.6K ask) from blockchained (~$34.5M / ~B34K).

What's the authoritative source?

This was posted earlier, way off, maybe a typo? Or is it in a different currency?

Just on MtGox we have $60m in bids....$60k in asks.

I believe it is easy to manipulate the price upwards with low buy volume but try to drop the price by selling...

[jojo69]

https://bitcointalk.org/index.php?topic=372267.0;topicseen

Could this guy be considered as a whale?

ummmmm

no

[QuestionAuthority]

https://bitcointalk.org/index.php?topic=372267.0;topicseen

Could this guy be considered as a whale?

40k is not that much.  I would say no. 

He's not a whale he had fewer coins than I had. You get into whale land at >10k coins to play with.

[adamstgBit]

https://bitcointalk.org/index.php?topic=372267.0;topicseen

Could this guy be considered as a whale?

40k is not that much.  I would say no.  

He's not a whale he had fewer coins than I had. You get into whale land at >10k coins to play with.

40,000$ worth = what ~50BTC

if not liquidated properly, that can make a decent dent on some market, somewhere, for a second.  

[ChartBuddy]

[jojo69]

triple check your shit on GOX guys

just logged in and found they executed an order I cancelled last night, worked out OK...this time

[Voodah]

You get into whale land at >10k coins to play with.

I don't know man... maybe 6 months ago.

3k coins makes you a multi-millionaire right now. I'd say that is already a pretty heavy fish.

[Davyd05]

You get into whale land at >10k coins to play with.

I don't know man... maybe 6 months ago.

3k coins makes you a multi-millionaire right now. I'd say that is already a pretty heavy fish.

big difference between fish (even heavy ones ) and whales.. and I mean they ain't even the same species

[TERA]

Ok who uninstalled the panix module from mtgox.