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

[podyx]

A pull back to $sub-240 is not only plausible but also healthy. I think we will test $240 today.

I agree, a small pull back now and a big volume breakup after would be very bullish.
Would squash my dreams to pick up on some more cheap coins though..

[LFC_Bitcoin]

I see 300 USD by the end of the coming week.

[ssmc2]

I see 300 USD by the end of the coming week.

350

[ibrahim11]

I see 300 USD by the end of the coming week.

350

Really?

[NotLambchop]

... my dreams to pick up on some more cheap coins though..

Don't give up on them dreams--I'll MAKE 'em come true!
(Starting a Bitcoin Make-a-Wish Foundation--for terminal bulls.)

[LFC_Bitcoin]

... my dreams to pick up on some more cheap coins though..

Don't give up on them dreams--I'll MAKE 'em come true!
(Starting a Bitcoin Make-a-Wish Foundation--for terminal bulls.)

Come on Lamby.
Cheap coins, don't miss this opportunity to make money.

[tutkarz]

A pull back to $sub-240 is not only plausible but also healthy. I think we will test $240 today.

Sorry but there is nothing healthy in falling price, especially in bitcoin world where price is vital for its expansion. Only healthy thing would be stable growth, not volatile prices like now but ofcourse that would be not fun so nobody is interested (except people who are actually doing something useful for bitcoin economy).

[shmadz]

... my dreams to pick up on some more cheap coins though..

Don't give up on them dreams--I'll MAKE 'em come true!
(Starting a Bitcoin Make-a-Wish Foundation--for terminal bulls.)

My dreams last night were freakish. red candles going the wrong way, ask side dissolving like fog.

Like pink elephants on parade.

"Cheap coins" is a completely arbitrary, subjective term, btw; only quantifiable in hindsight.

[pjviitas]

Not getting back in until I see 3 successive green candles on the 1w charts.

Obviously I won't get in at the bottom but it will at least be on the way up.

[LordTony]

I see 300 USD by the end of the coming week.

350

Really?

ibrahim I saw your post few pages back, you can use Bitkonan.com, I used it few times because I am not 18 and it doesn't require verification. You can deposit dollar, euro, yen... by bank transfer, not much volume, but you can wait and buy for a good price. You can also withdraw but min amount for SEPA is 50€ and for international bank transfer it is 100$. Exchange is fair, I had only positive experiences with them.

[coinableS]

Not getting back in until I see 3 successive green candles on the 1w charts.

Obviously I won't get in at the bottom but it will at least be on the way up.

If you did that back in June you would have bought at the top.

[NotLambchop]

... my dreams to pick up on some more cheap coins though..

Don't give up on them dreams--I'll MAKE 'em come true!
(Starting a Bitcoin Make-a-Wish Foundation--for terminal bulls.)

Come on Lamby.
Cheap coins, don't miss this opportunity to make money.

Like I told Blitz, I don't get why the market is doing what it's doing, that's why I'm on the sidelines.  But if you do, go right ahead & keep stacking

Sound Money

[ivyleague1985]

I see 300 USD by the end of the coming week.

Depends on the news and the associated newly incoming fiat. Given this un-usual "UP" weekend, I think the chance of seeing $300 by the end of next week is high.

[LordTony]

I see 300 USD by the end of the coming week.

Depends on the news and the associated newly incoming fiat. Given this un-usual "UP" weekend, I think the chance of seeing $300 by the end of next week is high.

Also depends on what is this
http://coinbase.com/lunar

[seleme]

I'm fascinated by this volatile garbage that's going up and down 5-10 dollars every 5 minutes like a scam conducted by Bobsurplus, Fontas and Wolong.

Coinbase posting countdowns with moons and rockets. Bitch, please! I know that a percentage of those $75M went into pumping this collapsing BitBulb.

Jesus, they are taking me for a fool.

Yep, not closing short during upswing is shit.

[ivyleague1985]

A pull back to $sub-240 is not only plausible but also healthy. I think we will test $240 today.

Sorry but there is nothing healthy in falling price, especially in bitcoin world where price is vital for its expansion. Only healthy thing would be stable growth, not volatile prices like now but ofcourse that would be not fun so nobody is interested (except people who are actually doing something useful for bitcoin economy).

The reason a mild pullback is healthy, because we are gapping up all the way from $23x to $259. We need at least two sizable pull backs to release the bearish steam. After that, the price will have less pressure to climb higher.

The pullback from $259 to $245 is the first attempt by the bears, and an equivalent second attempt (forming now) will potentially drag us from around $250 to $235-240. Once both attempts failed, bears will give up the $240-250 territory and we will go up much easier.

[NotLambchop]

... pull back to release the bearish steam...

Euphemism for fart gas?  So many technical terms...

[SirChiko]

A pull back to $sub-240 is not only plausible but also healthy. I think we will test $240 today.

Sorry but there is nothing healthy in falling price, especially in bitcoin world where price is vital for its expansion. Only healthy thing would be stable growth, not volatile prices like now but ofcourse that would be not fun so nobody is interested (except people who are actually doing something useful for bitcoin economy).

Prise rise should happen after vital steps not prior them.

[LFC_Bitcoin]

Bears have seen - 200 for the last time.
The only way is up now, buy people, buy whilst you can still afford it.

[ChartBuddy]

Explanation