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

[ChartBuddy]

Coin

Explanation

[podyx]

Waking up today to $387

[alesx.onfire]

My question to day traders is what % return are you happy with when playing in ratio
?

I'm hodling in huobi, because it's china :
https://www.youtube.com/watch?v=RDrfE9I8_hs

[Elwar]

387 ..Bitfinex        wohoooooooo

400 beckons..

I hope comboy has some nice gifs lined up for us on bitcoinity.org

Did you see the one with the guy's eyes bulging out?

[JayJuanGee]

does anyone look at gemini, they are flashing 500.000 per bitcoin ask all the time...   

well the twins have to sell their coins somehow - the ETF isn't ready yet

Yes, I suppose that people say these kinds of dumb things to make themselves feel good.

[JayJuanGee]

387 ..Bitfinex        wohoooooooo

400 beckons..

Really, at this point, with this level of ongoing heat, $500 beckons.

The price is pretty much coming back to where it should have been and even remaining quite below where it "should have been."

Currently, BTC price should be well over $1,000, so we still have a ways to go to get BTC prices back into sync with where it should be.

[DieJohnny]

where is the thread that shows the trend plotted against a logarithmic growth?

[ChartBuddy]

Coin

Explanation

[JayJuanGee]

You know Lord of the Flies? Imagine those kids all on crack?  And I mean just chaining rock after rock, no sleep, no food...
*This is apropos of nothing, of course. Any resemblance to what's going on here now is purely coincidental.

Who is the character Piggy?

We had to read that bull shit at school for an exam.

It's just a representation of the dynamics and representation of sociology and psychology...

[podyx]

There's no way we're gonna keep going, is it?

[ANdr0id]

My question to day traders is what % return are you happy with when playing in ratio
?

I'm hodling in huobi, because it's china :
https://www.youtube.com/watch?v=RDrfE9I8_hs

It's all da china now 

Watch them sell today and it all goes back to $230. Just so china can say eat it trumpiteers.

[JayJuanGee]

There's no way we're gonna keep going, is it?

I'm just guessing that maybe we can take a little breather at $666 in order to play a little numerology?

$666 seems like a decent point to take a breath, but it could be that the BTC market is a bit too hot for that.


I keep looking forward to the affect of the Fed auction on Thursday, and we will hear the results on Friday, with maybe some speculation between.

It seems inevitable that the bids are going to have to be much higher than a lot of the bidders had initially considered to be within their expectations.

[JayJuanGee]

My question to day traders is what % return are you happy with when playing in ratio
?

I'm hodling in huobi, because it's china :
https://www.youtube.com/watch?v=RDrfE9I8_hs

It's all da china now 

Watch them sell today and it all goes back to $230. Just so china can say eat it trumpiteers.

China remains a factor, but China is not leading the rally.

China has lost some credibility with the no fee exchanges and some of the lack of transparency regarding BTC holdings (trades)

[oda.krell]

Wonder what the sentiment is in here vs. sentiment in a traders' thread, say, that of luc. New poll maybe, adam?

Problem with those "topped out or not" questions is that it's not really well defined, since you might disagree what constitutes the end of a trend in contrast to just a minor setback.

How about phrasing it like this:

What peak price (higher or equal to current peak price) will be reached on [enter your favorite exchange here] before a drop of 20% or more from peak value takes place?

[marcus_of_augustus]

at what point do investment banks' trading arms and financial firms start trading bitcoin on their books like any other currency?

[gentlemand]

It seems inevitable that the bids are going to have to be much higher than a lot of the bidders had initially considered to be within their expectations.

This auction is going to actually be interesting for once in terms of price playing. Bidders will be all over the joint. They might be staring down the possibility of an imminent vast profit and the last chance to buy a large amount at this level or shitting themselves at the idea of throwing millions away in the short term. I think the marshals will be left a bit bewildered at the variety of bids.

[podyx]

Consolidation above $380 would be incredible

[inca]

Consolidation above $380 would be incredible

If the price lingers above 380 then we are off to the races.

As always with bitcoin my only regret is not buying more when i had the chance

[marcus_of_augustus]

Consolidation above $380 would be incredible

If the price lingers above 380 then we are off to the races.

As always with bitcoin my only regret is not buying more when i had the chance

consolidating on 380 means it is going to take a run at 400 in the near future ...

[BitofaN1]

Consolidation above $380 would be incredible

Consolidation? Ain't nobody got time fo' that.