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

[aztecminer]

i think we have reached our peak already for this pump. dump time again.

pretty sure we're going sideways for probably least six more weeks and maybe longer.

there are reasons for this why bitcoin cant go up or down atm .

[adamstgBit]

i think we have reached our peak already for this pump. dump time again.

pretty sure we're going sideways for probably least six more weeks and maybe longer.

there are reasons for this why bitcoin cant go up or down atm .

LMFAO

[aztecminer]

i think we have reached our peak already for this pump. dump time again.

pretty sure we're going sideways for probably least six more weeks and maybe longer.

there are reasons for this why bitcoin cant go up or down atm .

LMFAO

 

[electerium]

being sideways at 290-300 is far better than being in a full on bear market for 15 months.


People should also take note that there is global uneasiness with the general economy of the world. While many of those equities markets have shaved off few % points, and lost billions in value (incl. gold), bitcoin has risen along with very bullish outside indicators (finra, 21, tmobile, etc.)

Gist being, investors have taken quite a bit of a beating the last few weeks globally, and we're supposed to sit here and convince them that investing in bitcoin is more preferable than sitting on the sideline or staying in traditional investment vehicles? Not... happening.


Being sideways for a month or two while the traditional equities markets continue to shave off points little by little might be the best thing for bitcoin. It would be a compelling narrative leading up to a SEC/DOJ decision on the etf, gemini, or a major tech company fully integrating bitcoin into its platform.

[Sitarow]

[ChartBuddy]

Coin
Explanation

[camolist]

i mean i feel like we're bound to go up
but it's very hard to keep myself from selling btc to loan out the usd at 95% apr

[macsga]

LOL. USD goes ballistic!!!!

http://www.xe.com/currencycharts/?from=USD&to=EUR&view=1M

[ErisDiscordia]

Actually i think gox was literally the case of what doesn't kill you makes you stronger. Gox was pretty much THE BTC exchange, and sort of had a monopoly and could (did) even set the price. It was ironic to have one centralized exchange thus one point of failure. And it did fail, BTC price took a hit, but now we're up to what like 5 "major" exchanges, and now no one exchange failure can (stamp   ) can have such catastrophic effect...growing pains

Very true. In the fiat world, Gox would have been "too big to fail", received a big bucket of taxpayer money and continued to lose its customers' money out the side-door.

Instead we just pick up and move on and make things better. The way it should be.

The final Goxxing was sad for the people involved (but hey at least money is all they lost!) but it underlines an important point about Bitcoin: if you mess up, there will be no bailouts. Finally full responsibility returns to the individual instead of residing with illusory promises like FDIC insured bank accounts. What this does is force the individual to become better at handling this responsibility. This is something we want, right?

[Erdogan]

Actually i think gox was literally the case of what doesn't kill you makes you stronger. Gox was pretty much THE BTC exchange, and sort of had a monopoly and could (did) even set the price. It was ironic to have one centralized exchange thus one point of failure. And it did fail, BTC price took a hit, but now we're up to what like 5 "major" exchanges, and now no one exchange failure can (stamp   ) can have such catastrophic effect...growing pains

Very true. In the fiat world, Gox would have been "too big to fail", received a big bucket of taxpayer money and continued to lose its customers' money out the side-door.

Instead we just pick up and move on and make things better. The way it should be.

The final Goxxing was sad for the people involved (but hey at least money is all they lost!) but it underlines an important point about Bitcoin: if you mess up, there will be no bailouts. Finally full responsibility returns to the individual instead of residing with illusory promises like FDIC insured bank accounts. What this does is force the individual to become better at handling this responsibility. This is something we want, right?

Yes, that is what I want. I think we can show that after some learning, the free, unregulated market will function better and more fairly.

[podyx]

LOL. USD goes ballistic!!!!

http://www.xe.com/currencycharts/?from=USD&to=EUR&view=1M

Steady BTC/USD price

[bitcoinvest]

32,000$ by mid 2017?

what did i missed???

Should i book from now my vacations?

[re-actor]

Ichimoku has all lights on green.
OBV trending strong.
Blue skies above.

https://i.imgur.com/AwDEDnA.png

[ChartBuddy]

Coin
Explanation

[Cassius]

Where are the likes of TERA? I miss her realism. Would be nice to know how she sees the market now. And MatTheCat. Casualties of a bear market

[gentlemand]

Where are the likes of TERA? I miss her realism. Would be nice to know how she sees the market now. And MatTheCat. Casualties of a bear market

Mr Thecat still pops up every now and then still. I'm not sure why he's worth listening to though.

[JayJuanGee]

i think we have reached our peak already for this pump. dump time again.

I like this meme.. quite hilarious.

[BrewCrewFan]

Actually i think gox was literally the case of what doesn't kill you makes you stronger. Gox was pretty much THE BTC exchange, and sort of had a monopoly and could (did) even set the price. It was ironic to have one centralized exchange thus one point of failure. And it did fail, BTC price took a hit, but now we're up to what like 5 "major" exchanges, and now no one exchange failure can (stamp   ) can have such catastrophic effect...growing pains

Very true. In the fiat world, Gox would have been "too big to fail", received a big bucket of taxpayer money and continued to lose its customers' money out the side-door.

Instead we just pick up and move on and make things better. The way it should be.

The final Goxxing was sad for the people involved (but hey at least money is all they lost!) but it underlines an important point about Bitcoin: if you mess up, there will be no bailouts. Finally full responsibility returns to the individual instead of residing with illusory promises like FDIC insured bank accounts. What this does is force the individual to become better at handling this responsibility. This is something we want, right?

This is sadly something we as a society have gotten away from. Now many people look to OTHER people to take care of them. When you do this you lose your self reliance and identity.

[electerium]

while a lot of smart people are arguing that bitstamp has been uncoupled to price, it has hit $294, and a lot of those walls are now under threat.


Could be a signal that 300 is now attainable.

[Cassius]

Where are the likes of TERA? I miss her realism. Would be nice to know how she sees the market now. And MatTheCat. Casualties of a bear market

Mr Thecat still pops up every now and then still. I'm not sure why he's worth listening to though.

Huh. Haven't seen him a while. He seemed to talk sense a lot of the time, though people didn't want to hear it. His problem was that he couldn't follow through on his own convictions. That and getting whipsawed once too often, that really seemed to finish him off.