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

[AZwarel]

Thought experiment: suppose we hit ATH again in the coming week(s?). Imagine the mass media hysteria, the increase in awareness through out the population who "heard about it" through friends etc.
This and the fact the ecosystem is in a much better shape (lots of options for on/off ramps, multiple choices of easily usable smart phone wallets for Joe, a lot more acceptance in commerce etc.)
could feed the demand side (and the FOMO) even much further above ATH prices ever.

Wild speculation? Interested in feedback!

bubbles are self fulfilling. the more excitement the more momentum, the more momentum the higher the price and the more excitement.

if we only could see two months ahead, we all might wet ourselves

Yes, that was my thought, the self feeding bubble  

[DieJohnny]

Bears Blown The Fuck Out!!!

Someone post the suicide hotline # for these faggots.

+1 so sick of their shit

[DieJohnny]

Thought experiment: suppose we hit ATH again in the coming week(s?). Imagine the mass media hysteria, the increase in awareness through out the population who "heard about it" through friends etc.
This and the fact the ecosystem is in a much better shape (lots of options for on/off ramps, multiple choices of easily usable smart phone wallets for Joe, a lot more acceptance in commerce etc.)
could feed the demand side (and the FOMO) even much further above ATH prices ever.

Wild speculation? Interested in feedback!

bubbles are self fulfilling. the more excitement the more momentum, the more momentum the higher the price and the more excitement.

if we only could see two months ahead, we all might wet ourselves

Yes, that was my thought, the self feeding bubble 

this cycle is potentially drastically different, vastly more ways for speculative dollars to enter the market, by an order of magnitude more.. I worry about not being even close at guessing the top....

[cmacwiz]

I came in after the gox crash, and this is fuckin crazy! Boy oh boy, I am gonna get manhandled by these top and subsequent crash! In the mean time gonna light one up and giggle at the scene of thousands of chinese people ripping butts and screaming at their computer at 2pm.

[YourMother]

I agree with this guy...

Also, people already forgot how fast the dump from 420 to 370 was, and it happened just hours ago. It took what, 2-3 minutes? You will see more of that, till the final one that will come to destroy everybody.

[cmacwiz]

Fuck yeah, just got my third user coin thingy

[Dotto]

[wutizurkwest]

Does anyone here have the balls to hold and not sell a single satoshi until 1k is reached?

I mean no guarantee that happens, but does anyone have any reasonable selling plans or price targets?

My first sell point is just above 1000.  I like the SSS Plan: https://bitcointalk.org/index.php?topic=345065.0, it enables profit taking while the remainder continues to increase in value.  And it removes emotion from the decision process (which may be the most valuable part of having a plan).  If his advice resonates with you, I suggest trying several variations until you find a schedule you're satisfied with.  I spent a week tweaking my spreadsheet before I settled on values I'm comfortable with.

Just a quick followup, d9000 created a website to try this out without diving into Excel/LibreOffice, it's a good starting point: http://bitcoinsavingsplan.com

[JimboToronto]

Bears Blown The Fuck Out!!!

Someone post the suicide hotline # for these faggots.

Please don't insult LGBT by comparing them to bears.

[mb300sd]

Is this going parabolic faster than it did last time? Feels like it.

[DieJohnny]

Bears Blown The Fuck Out!!!

Someone post the suicide hotline # for these faggots.

Please don't insult LGBT by comparing them to bears.

Not an insult, gay high suicide rate is well known

https://www.afsp.org/research/research-connection/understanding-suicide-attempts-in-lgbt-teens

[Chef Ramsay]

This is fun at this point and I think we're at the point of those trying to catch up and buy, but are nervous about doing so. This is heavy as Marty would say in Back to the Future.

[DieJohnny]

Is this going parabolic faster than it did last time? Feels like it.

I don't think so, jump from 325-600 last time only took a few days as I remember.

[Heater]

This is funny https://www.youtube.com/watch?v=fXSgdJtIm0Y

[DieJohnny]

Is BTC-E dead?? oh my hell gap just keeps growing $70 now

[Patel]

$70 spread between BTC-e and Huobi 

[Hyperjacked]

This is fun at this point and I think we're at the point of those trying to catch up and buy, but are nervous about doing so. This is heavy as Marty would say in Back to the Future.

wow! Been a long time Chef...

[BlackSpidy]

Is this going parabolic faster than it did last time? Feels like it.

From what I can tell from the bitcoinwisdom charts, we've risen a bit faster. We haven't seen pullbacks (followed by a swift bounce?) of the same magnitude yet. If I were to guess, we're going to see $370 (or maybe a bit lower, depending where we go from here) again in... maybe a week or two.

[DieJohnny]

This is funny https://www.youtube.com/watch?v=fXSgdJtIm0Y

That was fantastic, trader orgasmssss

[ChartBuddy]

Coin

Explanation