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

[Erdogan]

Something big is brewing. Fasten your seatbelts, ladies and gentlemen. Soon you will hear people talking about Bitcoin all over the place.

Could you elaborate more please  

I call it the trickle down effect of mostly positive reporting on Bitcoin since January. Bitcoin is mentionend as side topic in more and more reports. Bitcoin is discussed more openly in the comments section of major newspapers.

I conclude: The public gets a better understanding about what Bitcoin essentially is. Once one big buy occurs in the market, this will trigger a cascade and people will try everything to not miss out on the next big thing! Especially, when the former safe heaven (gold) is tanking at the same time.

Gold is as big a loser as the dollar, when bitcoin adoption starts!

In other words: People begin to realize, that bitcoin Blockchain technology is the ultimative hedge!

Edit: All technical indicators show up,Up,UP! I think it's a sign of strength, that despite the temptation, bitcoin still holds back its orgasm! Comapre to may 2015, when bitcoin came to early.

Ftfy

You are right. I don't disagree (in the light of the blocksize debate). I even would encourage people in here to put some spare money in a few selected alts.

there is a difference between bitcoin, blockchain tech and alts.

i, as an investor//speculator, only rely on bitcoin (and alts to maximize my bitcoin stash).

the propaganda about the blockchain technology is just what it is: pro-pa-gan-da

because TPTB dont obviously enjoy the idea of censor-less transactions (ie. loosing its main leverage).

so i'd argue nonetheless that the masses sheeps will fall for some state-cryptocurrencies, so forget about them pumpin bitcoin.

bitcoin will be pumped because bitcoin and the people involved in it (ie. whales), not because blockchain tech, nor because VCs, and neither because some clueless "awakening" from the masses.
 

With time, it will become clear for almost everybody why bitcoin is in the best interest for themselves. People are collectivists, not primarily because they want to share, but because they want to be shared with (ok, a bit because of folk ecomomics).

[aztecminer]

Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.

please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??

[DaRude]

Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.

please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??

Think halving is huge and undervalued as no currency out there have done anything like that (minus ALTS). Will we see $220 in the meantime is anyone's guess....

[ChartBuddy]

Coin
Explanation

[Karpeles]

Can we rise $4 before the new dump?

I have some targets to hit and forget to sell yesterday

Thank you

[eerygarden]

Can we rise $4 before the new dump?

I have some targets to hit and forget to sell yesterday

Thank you

Yes we can. That doesn't necessarily mean that we will, but we do have permission to do that.

Thanks.

[BrewCrewFan]

Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.

please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??

Think halving is huge and undervalued as no currency out there have done anything like that (minus ALTS). Will we see $220 in the meantime is anyone's guess....

And we kn ow when it is, how much it will be, and what the supply will be after.
Unlike the feds who well, quite frankly, do whatever the fuck they please. Always putting out there "We might do this"...guess what... with bitcoin, there is no might on the supply.

[dreamspark]

Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.

please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??

Think halving is huge and undervalued as no currency out there have done anything like that (minus ALTS). Will we see $220 in the meantime is anyone's guess....

And we kn ow when it is, how much it will be, and what the supply will be after.
Unlike the feds who well, quite frankly, do whatever the fuck they please. Always putting out there "We might do this"...guess what... with bitcoin, there is no might on the supply.

Hence why the argument of it already being priced in somewhat certainly holds water.

[BrewCrewFan]

Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.

please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??

Think halving is huge and undervalued as no currency out there have done anything like that (minus ALTS). Will we see $220 in the meantime is anyone's guess....

And we kn ow when it is, how much it will be, and what the supply will be after.
Unlike the feds who well, quite frankly, do whatever the fuck they please. Always putting out there "We might do this"...guess what... with bitcoin, there is no might on the supply.

Hence why the argument of it already being priced in somewhat certainly holds water.

Maybe. I dont know. What I think is also happening is due to the pool of money being relitivly small in the whole big picture, I think a select few are keeping the price where its at too. You dont flash 1000 bid /sell walls and not have money. I think most that were gonna get out did when the prices were higher, and those early people who had some if they did not sell already will not.

One more thing on that also, I forgot to add. On the other hand, we also dont know how many of the coins are "lost" tucked away in some wallets that got encrypted and cant be unlocked, or just deleted from the HD... those coins could be lost forever... but the real number we will never know.

One more thing, I know this might be a little off topic in a way, but wtf happened to darkcoin lol?  Never mind it became dash? So they think name change will change the past... funny.

[Elwar]

Something big is brewing. Fasten your seatbelts, ladies and gentlemen. Soon you will hear people talking about Bitcoin all over the place.

Could you elaborate more please  

I call it the trickle down effect of mostly positive reporting on Bitcoin since January. Bitcoin is mentionend as side topic in more and more reports. Bitcoin is discussed more openly in the comments section of major newspapers.

I conclude: The public gets a better understanding about what Bitcoin essentially is. Once one big buy occurs in the market, this will trigger a cascade and people will try everything to not miss out on the next big thing! Especially, when the former safe heaven (gold) is tanking at the same time.

Gold is as big a loser as the dollar, when bitcoin adoption starts!

In other words: People begin to realize, that bitcoin Blockchain technology is the ultimative hedge!

Edit: All technical indicators show up,Up,UP! I think it's a sign of strength, that despite the temptation, bitcoin still holds back its orgasm! Comapre to may 2015, when bitcoin came to early.

Ftfy

You are right. I don't disagree (in the light of the blocksize debate). I even would encourage people in here to put some spare money in a few selected alts.

Do tell...which selected alts


did you invest in, now you need to push them on Bitcoin threads

[ChartBuddy]

Coin
Explanation

[inca]

Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.

please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??

Think halving is huge and undervalued as no currency out there have done anything like that (minus ALTS). Will we see $220 in the meantime is anyone's guess....

And we kn ow when it is, how much it will be, and what the supply will be after.
Unlike the feds who well, quite frankly, do whatever the fuck they please. Always putting out there "We might do this"...guess what... with bitcoin, there is no might on the supply.

Hence why the argument of it already being priced in somewhat certainly holds water.

It isn't priced in because it is over a year away. There are people arguing for a rally, a fizzle or no effect.

It is undeniably a huge event on the bitcoin calendar because it marks the last time that bitcoin coin inflation can ever be blamed for supply exceeding demand and pushing the price down.

5% inflation is pretty good. But any price shenanigans that go on around that time will be driven by the same heavy speculators driving the price up and down.

In the longer run if demand picks up then the reduced mining supply could lead to price rises. Which would be nice.

[Fakhoury]

People, I've a question please.

Why I see a lot of talking about dipping to $260/$240 and $220 ?

I guess I'm missing something out !!

[Elwar]

People, I've a question please.

Why I see a lot of talking about dipping to $260/$240 and $220 ?

I guess I'm missing something out !!

Because even the bears realize we'll never go under $200 again.

[bad trader]

Going up?

[hdbuck]

People, I've a question please.

Why I see a lot of talking about dipping to $260/$240 and $220 ?

I guess I'm missing something out !!

Because even the bears realize we'll never go under $200 again.

tell that to BTC-e

[LFC_Bitcoin]

People, I've a question please.

Why I see a lot of talking about dipping to $260/$240 and $220 ?

I guess I'm missing something out !!

I'm not saying anything lol.
Last time I made a prediction about never going under 300 USD about 6 months ago NotLambChop saved it & quotes it all of the time

I'd like to think we'll begin to move upwards relentlessly though as we get closer & closer to the halving.

**Disclaimer - that is what I'd like to happen - not a solid prediction**

[aztecminer]

People, I've a question please.

Why I see a lot of talking about dipping to $260/$240 and $220 ?

I guess I'm missing something out !!

Because even the bears realize we'll never go under $200 again.

why is that you think that ?? what is holding the price up ?? magic ?? anti-gravity ?? what ??

[billyjoeallen]

Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.

please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??

Bitcoin has the attention of the big fish now, guys like Bill Gates who are looking for an entry point. The Greek runup injected some FOMO into them. The VCs and anyone else who wants to stake some real estate in the most secure blockchain in the world provide the support and the poor schmoes in countries with unstable currency regimes will provide the dumb money to push new highs.  Mexico is going to shit again. over 16 pesos to the dollar and that remittance market is potentially huge.

[findftp]

Every day is one day closer to the halving. One day closer to the next ATH. I've started banking my trading profits in BTC instead of dollars. We'll never see $220 again.

please explain.. what is keeping bitcoin from seeing 220 again ?? what is your idea why that is ?? just the halving is the reason why u think that ??

Bitcoin has the attention of the big fish now, guys like Bill Gates who are looking for an entry point. The Greek runup injected some FOMO into them. The VCs and anyone else who wants to stake some real estate in the world provide the support and the poor schmoes in countries with unstable currency regimes will provide the dumb money to push new highs.  Mexico is going to shit again. over 16 pesos to the dollar and that remittance market is potentially huge.

Lol, Bill Gates and all his friends are already in, for years.
They only troll you to believe they aren't already.

Well, maybe they have some white cash to put into it to boost their black money profits.