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

[adamstgBit]

[White sugar]

translation: we are falling when we are supposed to go nowhere but up?     

[adamstgBit]

translation: we are falling when we are supposed to go nowhere but up?     

no.

all in now        or die.

[btccashacc]

translation: we are falling when we are supposed to go nowhere but up?     

no.

all in now        or die.

LOL

[billyjoeallen]

3600 coins mined per day. 3600 X $280= $1,008,000/ day of new investment. In order to hold the price until the halving, that's ~$1,008,000 X ~355 days or ~ $357,840,000.  

That sounds like a lot of money, but it isn't. The estimated  one million unique wallet holders would only need to buy an additional 1$ worth of BTC per day even with no new buyers at at all. And there are new buyers. More every day.

Facebook bought what'sApp? for 19 billion. (about 4.5 times bitcoin's entire current market cap)


There's about 13 million millionaires on the planet. If each one buys on average only ONE bitcoin, even if nobody else buys ANY, then there simply won't be enough to go around.  

[ChartBuddy]

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Explanation

[ChartBuddy]

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Explanation

[billyjoeallen]

1K coin wall @ $276.07 appears to be real. Still has ~700 coins left.  This is a more respectable test of support.  Time will tell if it holds. I'm betting yes. Even if I'm wrong, I can't see us going down below $250 and I don't want to risk not getting my coins.

So far these bears are a bunch of pussies. I haven't even started using leverage yet.

[billyjoeallen]

We've been trading on top of the Cypress bubble for over a month. It's easy to let things slip down the memory hole, but at the time, price spiked from ~$16 to $260 and nobody thought that could possibly be sustainable. Kinda like to get my hands on some $260 coins now.

[ChartBuddy]

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[Brewins]

We've been trading on top of the Cypress bubble ... ~$16 to $260 and nobody thought that could possibly be sustainable.

orly?

if true and not trolling, the correct title should be:

56% of bitcoiners want to believe that price still can reach 10k by the end of year

[ChartBuddy]

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Explanation

[Natalia_AnatolioPAMM]

We've been trading on top of the Cypress bubble ... ~$16 to $260 and nobody thought that could possibly be sustainable.

orly?

if true and not trolling, the correct title should be:

56% of bitcoiners want to believe that price still can reach 10k by the end of year

No, not trolling. http://www.coindesk.com/56-of-bitcoiners-believe-bitcoin-will-reach-10000-in-2014/
is pretty funny though
*If not obvious, the date of the article is Jan2, 2014

That's why we'd better wait $10000 as late as possible 

[ChartBuddy]

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[CEG5952]

Oh boy oh boy. Hope it could recover today or before the week ends. I could really use some good 'ol fiat.

[Mayer Amschel]

down we go

[ask]

This is THE END.

[CEG5952]

This is THE END.

What makes you say that? Any basis? Or just trolling? Probably just trolling... Mhmm.

[ChartBuddy]

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Explanation

[ask]

This is THE END.

What makes you say that? Any basis? Or just trolling? Probably just trolling... Mhmm.

THE END of bear market.