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

[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.

[adamstgBit]

32,000$ by mid 2017?

what did i missed???

Should i book from now my vacations?

32,000$ by mid 2017 is my prediction.

I've seen utility and usability grow enormously the past year, and i hear of many cool projects in the works. Market has been and continues to totally ignore all this and has been only focused on finding a bottom, I believe we found that bottom and we're heading up now, when the ball really starts to roll, poeple will come back and take another look at bitcoin and find that it can be very useful to them. Bitcoin will begin to fulfil its promise of being better more useful and cheaper, the world will take notice, we'll see it being used as a parallel currency here and there, china will have no choice but to reviste its ban on bitcoin use in order to participate in the "digital economy",  and then...



ok, fuck it, setting new target: 320,000$ by 2020

 

[electerium]

32,000$ by mid 2017?

what did i missed???

Should i book from now my vacations?

32,000$ by mid 2017 is my prediction.

I've seen utility and usability grow enormously the past year, and i hear of many cool projects in the works. Market has been and continues to totally ignore all this and has been only focused on finding a bottom, I believe we found that bottom and we're heading up now, when the ball really starts to roll, poeple will come back and take another look at bitcoin and find that it can be very useful to them. Bitcoin will begin to fulfil its promise of being better more useful and cheaper, the world will take notice, we'll see it being used as a parallel currency here and there, china will have no choice but to reviste its ban on bitcoin use in order to participate in the "digital economy",  and then...



ok fuck it setting new target: 320,000$ by 2020

the ETF is a do not pass go, do not collect $200 kind of scenario.


With it, possibilities are endless.

without it, we are screwed.

[cmacwiz]

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.

When I entered this circus ~1 year ago, I was heavily influenced by TERA. I read through a ton of bullshit on this forum, and few people were worth reading (Stolfi was one of them). TERA always had some good points/counterpoints

[spooderman]

fuck the etf.

[uhoh]

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.

Good point. Haven't been watching it today, but it seems to be pushing a new high every few minutes. $295.18 atm. 5K to 300 still.

If finex pulls ahead a bit, maybe we'll see it follow.

[electerium]

fuck the etf.

the etf is completely necessary for bitcoin to attain a high valuation (and by high, let's say over 12b, previous ATH).

[Dotto]

[bitllionaire]

Are we ever going to break the 300$ point with strength?

[gentlemand]

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.

He had some worthy points to make. I don't see why they had to made alongside relentless torrents of abuse.

[cmacwiz]

fuck the etf.

the etf is completely necessary for bitcoin to attain a high valuation (and by high, let's say over 12b, previous ATH).

The ETF is completely necessary for a secret Winkelvoss exit without crashing the market. The sell stocks (AKA their BTC), pump the price and in 1.5 years will be swimmin in fiat

[uhoh]

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.

He had some worthy points to make. I don't see why they had to made alongside relentless torrents of abuse.

+ 4 trillion

[dannyspk]

Finex is not following Chinese exchanges price movements.. Don't think we can proceed without testing 280s once again.

[ImI]

Finex is not following China. Don't think we can proceed without testing 280s once again.

lol china

[Sitarow]

[davidorentol]

....