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

[ImI]

breakout

[ssmc2]

Looking very likely we're headed back to the 370-380 range to stabilize and begin a slow steady ascent again. 

[ssmc2]

All you fools waiting for sub-300 should probably buy back in NOW.

Worth repeating 

[ImI]

hmmmmmmm.........ooooookay

i like how all exchanges are more or less inline at the moment

[mb300sd]

That's how fiat money works -- it doesn't matter what the coin is made out of, USD isn't backed by copper. That said, the penny is one coin that actually costs more to make than its face value. It's not made out of zinc because can't afford copper.

Most people (other than batshit crazy brokeass goldbugs who can't afford gold) couldn't care less about what pennies are made of.

Actually, copper-clad zinc pennies are better than all-copper ones.  If you try to melt one with a propane torch, well before the skin melts (m.p. 1357 C) the zinc will boil off (b.p. 907) and then burn with a bright flame and dense white smoke.   That's fun.

Steel euro cents?  That sounds quite boring.

Hope you're not doing this indoors. Welding zinc plated metal causes metal fume fever, actually burning zinc... I don't wanna know.

[DanDan]

Stamp 24h high is 344.78

Last 10 minutes to pass this.

[BlindMayorBitcorn]

That's how fiat money works -- it doesn't matter what the coin is made out of, USD isn't backed by copper. That said, the penny is one coin that actually costs more to make than its face value. It's not made out of zinc because can't afford copper.

Most people (other than batshit crazy brokeass goldbugs who can't afford gold) couldn't care less about what pennies are made of.

Actually, copper-clad zinc pennies are better than all-copper ones.  If you try to melt one with a propane torch, well before the skin melts (m.p. 1357 C) the zinc will boil off (b.p. 907) and then burn with a bright flame and dense white smoke.   That's fun.

Steel euro cents?  That sounds quite boring.

Hope you're not doing this indoors. Welding zinc plated metal causes metal fume fever, actually burning zinc... I don't wanna know.

Careful of those brass shakes, professor!

[mb300sd]

Looking very likely we're headed back to the 370-380 range to stabilize and begin a slow steady ascent again. 

Clearly learned nothing from your past disastrous mistakes and ...other self-inflicted tragedies.


@mb300sd: people weld galvanized steel all the time. Don't believe the hype

I've been there, never want to again. It was outdoors on my boat trailer too.

[ChartBuddy]

Coin



Explanation

[BlindMayorBitcorn]

Looking very likely we're headed back to the 370-380 range to stabilize and begin a slow steady ascent again. 

Clearly learned nothing from your past disastrous mistakes and ...other self-inflicted tragedies.


@mb300sd: people weld galvanized steel all the time. Don't believe the hype

I've been there, never want to again. It was outdoors on my boat trailer too.

Horrible memories. Picking up a 40ft offshore racer ... on a rotting dunker trailer I had to weld up with nothing but a mig & a handgrinder.

Can you say that again but with hyphens?

[peonminer]

MRW you look at OKcoin VS Huobi and you see 1000BTC sell wall on OKcoin and 1000BTC buy wall on Huobi.

[Torque]

Looking very likely we're headed back to the 370-380 range to stabilize and begin a slow steady ascent again. 

Awesome.  We get anywhere near 400, I'm selling the remainder of my bitcoins.  Because it won't.

[topminingcontracts]

Looking very likely we're headed back to the 370-380 range to stabilize and begin a slow steady ascent again. 

Awesome.  We get anywhere near 400, I'm selling the remainder of my bitcoins.  Because it won't.

I agree 390 is a must sell. Under 310 a must buy, in the middle Rock n Roll

J

[BlindMayorBitcorn]

^This guy

[lolikop]

U guys have no idea where this is going im just gonna tell u one word HODL!

[Hyperjacked]

Looking very likely we're headed back to the 370-380 range to stabilize and begin a slow steady ascent again.  

Awesome.  We get anywhere near 400, I'm selling the remainder of my bitcoins.  Because it won't.

I'm just kickin back enjoying the bounce off the fake 300 wall...might just hold this time!

cheers Torque

disclaimer:Torque is one of the few that knows what the hell he's talking about!

[ChartBuddy]

Coin



Explanation

[ssmc2]

Looking very likely we're headed back to the 370-380 range to stabilize and begin a slow steady ascent again. 

Awesome.  We get anywhere near 400, I'm selling the remainder of my bitcoins.  Because it won't.

Sweet

[Dilla]

ATH test before New Years_{justkiddingihavenofuckingclue}

[Cconvert2G36]

Not that again No, not everything that gets laughed at [though the internet never was] eventually becomes outrageously popular. Most do not.

Bitcoin transactions are growing. Payment processors like Bitpay release stats that show increasing usage.

Payment processors like BitPay release stats that they're letting people go because faulty business model (see Fig. 1).



                                                            Fig. 1

If you've bought at 3$ you are up 100 times and if you bought at 30$ you are up 10 times.

More like $7-$40 and sold at avg. $6xx, but what does this have to do with bitcoin not being a purely speculative asset and me being ridiculously lucky?

Why $6xx? On the way up, or the dead cat bounce after the peak? Any ideological reasons for the exit, or just gettin' while the gettin' was good?

Did you buy some fine british automobiles with the proceeds??