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

[oda.krell]

Not on mah digital gold settlement network you won't.

Watch it and fume. I am DustWhale. Hear my roar. The small block psychos can kiss my blowhole.

Just realized, there's one thing even better than the recent price: many of you guys making this place worth reading again.<sup>*




*</sup> Maybe I lied a bit... You come in as a close second, though.

[oda.krell]

On the resistance level issue:

Not sure about horizontal, geometric, or LT trend resistance levels, but in terms of a (quite reliable) mid-term trend (around monthly), 'hard' resistance of today sits at slightly below 330. Given that the market is bubbly, but not extremely so (yet), I don't expect it to go there today.

Double post?

[ChartBuddy]

Coin

Explanation

[a7mos]

at the beginning of this year , the price was 316$
are we goinig to pass this high soon ?

[Asrael999]

at the beginning of this year , the price was 316$
are we goinig to pass this high soon ?

CNY market is +ve on the year already.   and it USD equiv price is above $316 as i type

[Fatman3001]

$310 was sooo pretty. Hope to see it again.

[ghandi]

The BitStamp 2k Wall will be eaten. Cheap coins for everyone. OKCoin already at $322

[Elwar]

I think the most important thing in Bitcoin that I have learned is that you never know what the hell the price is going to do.

It is unique as a world currency, something could happen on the other side of the world that you never heard of that changes the game. I'm still just pleased that we've held over $250 for 2 weeks. I purchased my plane ticket for Christmas in bitcoins at $270 because I thought that was high. I have a cruise that I booked that I have to pay for by January...I've been holding off on paying that until a big jump. Now I'm wondering how high this thing will go.

[ErisDiscordia]

I think the most important thing in Bitcoin that I have learned is that you never know what the hell the price is going to do.

Exactly.

Now the price is entering the 310 - 330 zone everyone is declaring as major resistance. Looking at the charts, it seems that the price should at least take a breather here for some time, if not correct downwards some. But who knows what will happen. Maybe because so many people are watching this price level we will see the price do something to fuck everyone over 

[Denker]

The BitStamp 2k Wall will be eaten. Cheap coins for everyone. OKCoin already at $322

Oh my god chinese exchanges are really on fire.We're going up and they make the pace.

[Fatman3001]

BTC-E joined the $300 party!

[BitofaN1]

By the time Bitstamp clears that 2k wall at 310, China is going to leave us in the dust.

[rjclarke2000]

Why are the Chinese doing this now all of a sudden?

[ChartBuddy]

Coin

Explanation

[dragonseer]

Why are the Chinese doing this now all of a sudden?

I can offer you a possible answer to consider. It may be that the Chinese are getting ready to do what many have feared for a while, and that is, start dumping US treasury bonds. They can do this but not without devaluing their own currency to a degree, before later stabilizing by moving to a gold standard. So insiders could well be moving private funds to Bitcoin in anticipation of this. If this is the case then this steady rise will continue before a violent upwards spike will declare Bitcoin is back in a big way.

[Fatman3001]

Why are the Chinese doing this now all of a sudden?

'Cause these are them cheap coinz!!!

Yeeeez!!! Don't you people ever listen?

Do you think I'm this guy?:


                        (...I miss that hat)

I've arrived at my conclusions through thorough analysis of the geopolitical and geoeconomical... stuff.

And my conclusion is that CC + MF = CCMF!!!

My contribution has been to post gifs to promote awareness.

It's not like I'm just using this forum as a therapy group to soothe my butthurt. Honestly!!!

[Andre#]

BTC-E joined the $300 party!

BTC-e still matters?

[Zz]

BTC-E joined the $300 party!

BTC-e still matters?

Yeah, pretty much matters for Europeans.

[aztecminer]

IDEA: use the ill gotten funds {ill gotten because the pumped it} from the marshal's auction to cleanup the St. Louis Landfill underground smoldering event that has been burning underground for the last five years .. it is within a few months of reaching the radioactive waste dumped there which will release radioactive particles and radon and radium toxins into the metro St. Louis. this marshal's auction pump will make it into my new book i am about to drop in a few weeks in regards to the St. Louis unfolding catastrophe.. as well as a couple others. the US federal govy does not want to spend a single dime on catastrophes even though they collected record breaking taxes under barack obama for the last two years. i have been inspired by this marshal auction pump to write about it in my upcoming new book i will drop in just a few more weeks. its already in proofreading, however, i am making these final changes regarding the marshal auction pump before dropping it.

[LFC_Bitcoin]

Why are the Chinese doing this now all of a sudden?

I've given up trying to predict or make sense of things that happen to the bitcoin price. I'm just going to sit back & enjoy the ride.

HODL people.