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

[inca]

I dont margin trade and use obscure exchanges like bitfinex.

already did on bitfinex in 295 range few days ago...

LOL pwnage.

lel

if you are quoting me try not to miss some post in between.

...


come on bulls, push it a little bit higher, dont disappoint me now.

Did you close your short you opened at 295?

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[tarmi]

I dont margin trade and use obscure exchanges like bitfinex.

already did on bitfinex in 295 range few days ago...

LOL pwnage.

lel

if you are quoting me try not to miss some post in between.

...


come on bulls, push it a little bit higher, dont disappoint me now.

Did you close your short you opened at 295?

nope, I am adding a little bit to my position. hope to see 297

[Bitcoiner_cph]

As I side note: Free masons invited me to join their evil organization last December... it all happened in a very mysterious way, and they had a lot to offer me for my membership... I got the feeling that the wanted me to join then mostly because I have spend a lot of time on bitcoin programming and am an economic master, so they properly thought I was an good man to get in, in order to try to fight bitcoin more heavily... I never accepted their invitation.

[Norway]

Uncertainty is the only constant.

But this year will be a lot more fun if the price breaks out of the log downtrend definitively, even if just to float around for the rest of the year. The market needs to know what a bitcoin is worth - 1200, 160 or somewhere in between

10.000 USD pr coin is what I would say is the real bitcoin price, if the market was fully informed. I think a lot will happen soon, and definitely the prices should be between 1000 and 10000 soon... with the 2500-5000 an more realistic range of the next bull market.

10,000 USD per coin, would make bitcoin only 0.18% of the global money supply (M2). I think this magic currency has the potential to play a much bigger role in global economics 

[uhoh]

Volume is pitiful. Floating to $300 is not how it needs to happen!

[Bitcoiner_cph]

10.000 USD pr coin is what I would say is the real bitcoin price, if the market was fully informed. I think a lot will happen soon, and definitely the prices should be between 1000 and 10000 soon... with the 2500-5000 an more realistic range of the next bull market.

10,000 USD per coin, would make bitcoin only 0.18% of the global money supply (M2). I think this magic currency has the potential to play a much bigger role in global economics 

This is exactly why we are still in infancy of the bitcoin history. Its like we still play in the sandbox at the kindergarten. Max Keisers prediction of 1 million dollar pr Bitcoin is worth thinking about on a daily basis. Its just a matter of time. I would say 10.000 dollar pr Bitcoin is the true value by now! With realistic result of this bull market hitting between 2500-5000 USD.

The transformation to the free world, will be very interesting in the next bulls of Bitcoin, as more people will be freed from the evil masters and this will contribute till even more people get freed... sorry I got back in the Matrix metaphor, that I have not used for years, as people around me got tired of listening to them in 2004-2007, but now they are very relevant in these days, as it happens in a very real maner with bitcoin as the tool.

[ChartBuddy]

Coin
Explanation

[Frost]

come on bulls, push it a little bit higher, dont disappoint me now.

The next time 300 is broken, then we will go up fast... somewhere between 350 - 800 in weeks.

I don't really believe that.

[Silverspoon]

Good morning gentlemen Brothers and Sisters
I wanna see a sea of hands out there.
Let me see a sea of hands.
I want everybody to kick up some noise.
I wanna hear some revolution out there, brothers
I wanna hear a little revolution.
Brothers and sisters, the time has come
For each and every one of you to decide
Whether you are gonna be the problem,
Or whether you are gonna be the solution.
You must choose, brothers, you must choose.
It takes 5 seconds, 5 seconds of decision.
Five seconds to realize that it's time to move.
It's time to get down with it.
Brothers, it's time to testify and I want to know,
Are you ready to testify?
Are you ready?

...
The transformation to the free world, will be very interesting in the next bulls of Bitcoin, as more people will be freed from the evil masters and this will contribute till even more people get freed...

Just put that mike in my hand
And let me kick out the jaaaams
Kick out the ja a a ams
Kickoutthe ja a a ams
I gotta kick 'em out!

[strawbs]

just reading "elliott wave principle" and came across an interesting point. Market reversals don't happen on high volume and with strong acceleration, they tend to happen when the extremes have finally been exhausted so volume decreases (imagine a bull run hitting it's peak, as we may have done now mid-term, the bull runs out of breath and gets exhausted).

Also key to note is that during final stages of bull markets before reversal, market participants when polled show demonstrably more optimism than at other times in the market. Basically the more you "believe" as a mass, the closer you get to being delusional and running out of steam, after that the law of gravity comes into action. The same would apply to the inverse. For example, once you lose everything, the only way left is up!



RE price, I think bitcoin potential price needs to be totally re-evaluated. For one, the market has matured and the crazy volatility of the past has been gradually decreasing. More importantly, Gox is out of the picture now, and all the previous predictions were based on sentiment and information that has been skewed by a skewed exchange.

Also important to note is that as price increases, the ability to affect the price by adding more money becomes increasingly difficult.

This post is rigged. The Volumes have been high the last weeks!

Bitcoin is an revolution -->> Bull market.

The old masters (illuminati + free masons who control the governments and the masses) have spread misinformation about Bitcoins and in 2014 they succeded at controlling the masses minds to believe that Bitcoin is something bad and that its already dead and so on. The real situation is that these organisations ( that inslave the masses) only can live in dark times, and the internet have exposed them to the masses (more and more know about them and how they control or used to control us), that combined with that Bitcoin is VERY VERY VERY strong and IMPOSSIBLE to kill, as its all over the world (no central point) makes Bitcoin the long term winner. Therefore if you combine the TA with these truths it calls for a new bull market and I believe we are in it now!! Many Bitcoin lovers have got insecure due to the FUD of the evil "old masters", fortunately these get more and more informed and realized that Bitcoin is the strongest money system on the planet and begin to buy Bitcoin again --->> Bitcoin price will explode!

So you're inviting people to combine bitcoin TA with belief in the illuminati and control by freemasons?  No wonder people aren't taking bitcoin seriously yet.

[strawbs]

As I side note: Free masons invited me to join their evil organization last December... it all happened in a very mysterious way, and they had a lot to offer me for my membership... I got the feeling that the wanted me to join then mostly because I have spend a lot of time on bitcoin programming and am an economic master, so they properly thought I was an good man to get in, in order to try to fight bitcoin more heavily... I never accepted their invitation.

You are deluded 

[Bitcoiner_cph]

So you're inviting people to combine bitcoin TA with belief in the illuminati and control by freemasons?  No wonder people aren't taking bitcoin seriously yet.

I have not meet the illuminati myself, but I was indeed invited to join the free masons in December 2014. And under the conversation with this very high standing member of free masons, I asked if he was in Illuminati too, the replied no and referred to another lodge that had illuminati members. I have to say, I do not know if the man was lying or talking the truth, but he was very serious about me entering the Free masons and in that respond about illuminati, he could might as well have said that "yes illuminati exists".

I will also say that when I first saw the videos about illuminati control over the world, back in time, I didn't believe it. I am not sure I believe it 100% today, but I believe that the lodges have control over the countries/governments. And I believe that it comes to an end with Bitcoin. If you think this is not true or crazy, then tell me and then tell me how the world works according to you?

[Afrikoin]

just reading "elliott wave principle" and came across an interesting point. Market reversals don't happen on high volume and with strong acceleration, they tend to happen when the extremes have finally been exhausted so volume decreases (imagine a bull run hitting it's peak, as we may have done now mid-term, the bull runs out of breath and gets exhausted).

Also key to note is that during final stages of bull markets before reversal, market participants when polled show demonstrably more optimism than at other times in the market. Basically the more you "believe" as a mass, the closer you get to being delusional and running out of steam, after that the law of gravity comes into action. The same would apply to the inverse. For example, once you lose everything, the only way left is up!



RE price, I think bitcoin potential price needs to be totally re-evaluated. For one, the market has matured and the crazy volatility of the past has been gradually decreasing. More importantly, Gox is out of the picture now, and all the previous predictions were based on sentiment and information that has been skewed by a skewed exchange.

Also important to note is that as price increases, the ability to affect the price by adding more money becomes increasingly difficult.

good point.

Right now i would say the sentiment is about 70 bullish 30 bearish

[Bitcoiner_cph]

As I side note: Free masons invited me to join their evil organization last December... it all happened in a very mysterious way, and they had a lot to offer me for my membership... I got the feeling that the wanted me to join then mostly because I have spend a lot of time on bitcoin programming and am an economic master, so they properly thought I was an good man to get in, in order to try to fight bitcoin more heavily... I never accepted their invitation.

You are deluded 

I don't think so, I do not know you, but if you believe in all you taught in the school system and go to work everyday, I believe you are in controlled modern slave, and you are in that case more deluded then I will ever be

[Silverspoon]

...
You are deluded 

No.  Earthling is 100% correct.

Sincerely,

  ~Your Beneficent Reptilian Overlords

[Afrikoin]

Is 5 years a reasonable estimate for Bitcoin to become a global legitimate trad-able asset class? - for individuals and institutional capital eg pension funds?

Serious question

[JimboToronto]

Good morning Bitcoinland. Still over $290 I see.

Seems to be a little resistance at $295 though.

Time for good strong coffee. Yum.

[Bitcoiner_cph]

100.000 -> 1 million dollar per Bitcoin.

Note that in the "Bitcoin Era" there will come new institutions and autonomous organizations, they don't function in the same way as the old ones you know... And the old ones will never adapt Bitcoin, maybe a few will integrate Bitcoin somehow, but never fully adapt them, the old institutions will die and new autonomic ones will appear, that's how it will go!

Is 5 years a reasonable estimate for Bitcoin to become a global legitimate trad-able asset class? - for individuals and institutional capital eg pension funds?

Serious question

[soullyG]

Get back under yer bridge NotLampChopSilverspoon

[ChuckBuck]

...
You are deluded 

No.  Earthling is 100% correct.

Sincerely,

  ~Your Beneficent Reptilian Overlords

How come you're not using your main, NotLambChop?

You disappeared for a few days it seems, what happened to you, we were worried!