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

[Fatman3001]

go ahead, make my day.

I love the smell of bull's blood in the morning.

Even tarmi is waking up.

Time for the choo choo to leave the station!

[tarmi]

this market is dead and fueled by delusional bulls and it will remain so dead until the next blood fest. and I mean sub 100.

[Fatman3001]

this market is dead and fueled by delusional bulls and it will remain so dead until the next blood fest. and I mean sub 100.

CCMF!!!

[tarmi]

and yes, every ccmf call and attempt to break the next "log, local etc resistance" is getting more pathetic.

[Fatman3001]

and yes, every ccmf call and attempt to break the next "log, local etc resistance" is getting more pathetic.

Btw, I don't really give a hoohaa about the chinese exchanges but I do like that they all seem to have crossed 1500 CNY.

[kromtar]

Smell like ruined shorters.

[ChartBuddy]

Coin
Explanation

[aztecminer]

yep time to go up .. we knew as soon as the chinese miner dumped into buy wall @ 227 and it instantly went back up to 232... who is going to try to smash through 227 ?? the answer is no one.. and that is that.

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[BitChick]

What does it mean when a permabull such as myself has gotten the point of apathy at even a small rise?  I mean I guess I am happy with a few dollar increase but I am certainly not expecting much at this point.  Perhaps that is the true sign we have reached the bottom though? 

[dre1982]

What does it mean when a permabull such as myself has gotten the point of apathy at even a small rise?  I mean I guess I am happy with a few dollar increase but I am certainly not expecting much at this point.  Perhaps that is the true sign we have reached the bottom though? 

I am also expecting not that much but you never know it here. I just cashed out a half bitcoin so I would be painfull if it's gonna raise hard now.

[ChartBuddy]

Coin
Explanation

[Norway]

What does it mean when a permabull such as myself has gotten the point of apathy at even a small rise?  I mean I guess I am happy with a few dollar increase but I am certainly not expecting much at this point.  Perhaps that is the true sign we have reached the bottom though? 

I am also expecting not that much but you never know it here. I just cashed out a half bitcoin so I would be painfull if it's gonna raise hard now.

Hang in there!
I believe the restricted transaction capacity is the only thing holding bitcoin back at the moment.
But it's not an impossible problem. Actually, I think it's pretty easy to solve by sharing the work of verifications between the miners.
And many groups of people are working on this specific problem now from different angles.
Hopefully, we will see some very good solutions before or during the bitcoin scaling conference in Hong Kong in december.
I believe this question is a lot more relevant to the price than the halving next year because daily mined coins is just a small fraction of the global trading volume per day.

[Fatman3001]

What does it mean when a permabull such as myself has gotten the point of apathy at even a small rise?  I mean I guess I am happy with a few dollar increase but I am certainly not expecting much at this point.  Perhaps that is the true sign we have reached the bottom though? 

I am also expecting not that much but you never know it here. I just cashed out a half bitcoin so I would be painfull if it's gonna raise hard now.

Hang in there!
I believe the restricted transaction capacity is the only thing holding bitcoin back at the moment.
But it's not an impossible problem. Actually, I think it's pretty easy to solve by sharing the work of verifications between the miners.
And many groups of people are working on this specific problem now from different angles.
Hopefully, we will see some very good solutions before or during the bitcoin scaling conference in Hong Kong in december.
I believe this question is a lot more relevant to the price than the halving next year because daily mined coins is just a small fraction of the global trading volume per day.

I too worry about the scaling issue, but I don't think that's going to hold the price back if we get a bit of momentum going. I wouldn't wait for that to be resolved, get them coins now while they're still hot!!!

[BayAreaCoins]

Bad news = Bitcoin up

[Norway]

What does it mean when a permabull such as myself has gotten the point of apathy at even a small rise?  I mean I guess I am happy with a few dollar increase but I am certainly not expecting much at this point.  Perhaps that is the true sign we have reached the bottom though? 

I am also expecting not that much but you never know it here. I just cashed out a half bitcoin so I would be painfull if it's gonna raise hard now.

Hang in there!
I believe the restricted transaction capacity is the only thing holding bitcoin back at the moment.
But it's not an impossible problem. Actually, I think it's pretty easy to solve by sharing the work of verifications between the miners.
And many groups of people are working on this specific problem now from different angles.
Hopefully, we will see some very good solutions before or during the bitcoin scaling conference in Hong Kong in december.
I believe this question is a lot more relevant to the price than the halving next year because daily mined coins is just a small fraction of the global trading volume per day.

I too worry about the scaling issue, but I don't think that's going to hold the price back if we get a bit of momentum going. I wouldn't wait for that to be resolved, get them coins now while they're still hot!!!

Yes, buy & hold now. Then buy some more and hold that too. It will not be possible to preditct the timing of the next boom. The price could double in just a few minutes.

[adamstgBit]

really liking how we poked past the weekly high, i think we're just about ready to jump to 250+ , give it a week or two

[yefi]

Yes, buy & hold now. Then buy some more and hold that too. It will not be possible to preditct the timing of the next boom. The price could double in just a few minutes.

Femtosecond bubble to 4000, then femtosecond crash to 10.

[Fatman3001]

really liking how we poked past the weekly high, i think we're just about ready to jump to 250+ , give it a week or two

Hold on, I'm just gonna....