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

[Trouble821]

Will EUR fall or skyrocket?

Then we know something for BTC

Grexit or none?

- Mayer Amschel

The Greek people didn't vote to be out of the Euro.

A deal will be done.

Grexit = none

The negotiations are going badly today at the crucial meeting to make a deal before the last possible deadline today. They are already talking about having another crucial meeting to make a deal before the last possible deadline on Saturday. The difference between this time and the last time is the EU has had a chance to prepare and plan for a Grexit so it might not be prepared to compromise as much as the last time.

[Tzupy]

we need the last true believers to sell at the lowest possible price point. paging u norway & lfc

Patience, the lowest possible price point is nowhere near. Give it several months, then page them when crashing to double digits.

[ChartBuddy]

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Explanation

[dakota neat]

we need the last true believers to sell at the lowest possible price point. paging u norway & lfc

Patience, the lowest possible price point is nowhere near. Give it several months, then page them when crashing to double digits.

illusional bears have to get rekt as well so don't feel to comfortable. while you will wait for your double digits it will cross 1200 within days.

[JayJuanGee]

we need the last true believers to sell at the lowest possible price point. paging u norway & lfc

Patience, the lowest possible price point is nowhere near. Give it several months, then page them when crashing to double digits.

illusional bears have to get rekt as well so don't feel to comfortable. while you will wait for your double digits it will cross 1200 within days.

I do get the sense that at some point BTC prices will cross the $1,200 per BTC point.... and also it's days below $200 or certainly limited, if NOT completely eliminated....  - however, I also get the sense that it is going to take a while to get to any kind of $1,200 per BTC price point... possibly another year, or so...

In this regard, we can see bears and other nervous BTC investors taking profits at various points, as BTC prices rise... in that regard, it seems difficult to obtain upward explosions in price, as had been the case in the several previous BTC price bubbles.

[Fatman3001]

we need the last true believers to sell at the lowest possible price point. paging u norway & lfc

Kind of hurt for not being included, but I know what their reply will be.

[mark coins]

$ 242.00    those are the buyers at $ 230.00, they want to make a quick buck

too many impatient ppl in the world

[ChartBuddy]

Coin
Explanation

[Alley]

Funny thing is during all this accumulation period its just the top 1% of btc owners that are increasing their supply.  All the fud, trolls, negativity, etc..., is there too keep the average Joe scared to buy until its too late.  Only the real risk takers are fearless enough to keep buying during this downtrend. 

[aztecminer]

keep dreaming about greece.

Capital controls are coming. Greeks are loaded up on physical cash. If you run a business in Greece and depend on foreign suppliers, How will you pay them? You're gonna find a seller on localbitcoins.com and trade those euros under your mattress for BTC.   

hey billyjoe.. have you still been buying moar ??

Not lately, but I'm still margin long (if only slightly).

i haven't either.. i am much long though.

[aztecminer]

Funny thing is during all this accumulation period its just the top 1% of btc owners that are increasing their supply.  All the fud, trolls, negativity, etc..., is there too keep the average Joe scared to buy until its too late.  Only the real risk takers are fearless enough to keep buying during this downtrend.  

 i always buy in downtrends. i make sacrifices more than investments. i can afford to lose some usd.. i started life living on the streets at fifteen. ..  if i lose a few grand.. i will just get more ... i have ZERO fear to lose usd... that is proven by the fact that i buy and then forget about what i bought rather than panic sell every time the going gets tough.. things are not always as they appear and this is why one must learn to look away when it appears things are bad like with bitcoin. maybe... if i have the extra cash.. i might buy moar.... not sure if i will have the extra cash though since i have to focus on my research and writing. maybe tho.

[aztecminer]

$ 242.00    those are the buyers at $ 230.00, they want to make a quick buck

too many impatient ppl in the world

i would trade too but i have to buy moar coins to do that... cuz my stash isn't budging.

[JayJuanGee]

Funny thing is during all this accumulation period its just the top 1% of btc owners that are increasing their supply.  All the fud, trolls, negativity, etc..., is there too keep the average Joe scared to buy until its too late.  Only the real risk takers are fearless enough to keep buying during this downtrend. 

Alley,

I think that you are correct in some sense that a lot of regular people are being scared away from buying BTC... HOWEVER, I also believe that the news about BTC is getting out in several areas around the world, in places such as Venezuela or Argentina or Greece, in which people are scared to keep their money in the local currency... and some of those people are learning about BTC as a place to put money and to retain some value and to retain some liquidity

[aztecminer]

we need the last true believers to sell at the lowest possible price point. paging u norway & lfc

Patience, the lowest possible price point is nowhere near. Give it several months, then page them when crashing to double digits.

illusional bears have to get rekt as well so don't feel to comfortable. while you will wait for your double digits it will cross 1200 within days.

I do get the sense that at some point BTC prices will cross the $1,200 per BTC point.... and also it's days below $200 or certainly limited, if NOT completely eliminated....  - however, I also get the sense that it is going to take a while to get to any kind of $1,200 per BTC price point... possibly another year, or so...

In this regard, we can see bears and other nervous BTC investors taking profits at various points, as BTC prices rise... in that regard, it seems difficult to obtain upward explosions in price, as had been the case in the several previous BTC price bubbles.

maybe after obama is out of the WH ...

[Dump3er]

illusional bears have to get rekt as well so don't feel to comfortable. while you will wait for your double digits it will cross 1200 within days.

Illusional bears ... cross 1200 within days. 

Could someone please post our log-log-trendline from Nov 2013?  

[ChartBuddy]

Coin
Explanation

[Elwar]

Funny thing is during all this accumulation period its just the top 1% of btc owners that are increasing their supply.  All the fud, trolls, negativity, etc..., is there too keep the average Joe scared to buy until its too late.  Only the real risk takers are fearless enough to keep buying during this downtrend. 

Alley,

I think that you are correct in some sense that a lot of regular people are being scared away from buying BTC... HOWEVER, I also believe that the news about BTC is getting out in several areas around the world, in places such as Venezuela or Argentina or Greece, in which people are scared to keep their money in the local currency... and some of those people are learning about BTC as a place to put money and to retain some value and to retain some liquidity

I tend to encourage those that come up with some excuse or another not to buy bitcoins to not buy bitcoins.

I can see Noah building the ark, initially planning to save his whole town. Then after enough of them made fun of him he's like...fuck it, I'm just putting animals and my family on this thing. Hope you can swim assholes.

[hdbuck]

seems the 22k bid wall on finex is gone?! 13k left!

[dakota neat]

illusional bears have to get rekt as well so don't feel to comfortable. while you will wait for your double digits it will cross 1200 within days.

Illusional bears ... cross 1200 within days.  

Could someone please post our log-log-trendline from Nov 2013?  

lol do you think the price will slowly creep upwards once we passed the turnaround? one spark and ws, china and all the fomo victims will enter the madness at once. this is bitcoin. so try to earn as much fiat as you can to have your ammo ready.

[ChartBuddy]

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Explanation