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

[peonminer]

3K begging for us to pop her sweet cherry.

When we top this time at $680 you will think it's a big deal.

[Karartma1]

I don't see what's so special about today.  An 8% up day within a wave of a consolidation period doesn't "male history".

I'm not just talking about today man, maybe you are a daytrader, I am not. I'm trying to see the big picture which is ahead of us. I'll remember "today" with a smile when the price will be where it should.

[chesthing]

I don't see what's so special about today.  An 8% up day within a wave of a consolidation period doesn't "male history".

This is a big fucking deal. 2 years of nothing but blah, and here we are proving the run to $500 wasn't just a pump/dump.

I thought that was already established given the volume and indicators over the entire past month.  Especially the break from 320 and 370 were the final confirmations needed.  This rally to 460 is just a technicality about exactly what the shape of this consolidation will be like. So TODAY is not a big deal.  Maybe 2 weeks ago was a big deal.

So where do you see the price going from here to halving?

[TERA]

I don't see what's so special about today.  An 8% up day within a wave of a consolidation period doesn't "male history".

I'm not just talking about today man, maybe you are a daytrader, I am not. I'm trying to see the big picture which is ahead of us. I'll remember "today" with a smile when the price will be where it should.

OK I made the wrong interpretation of "this price"

[Oblodo]

Oh well, that was fun. Now we go down to about $350. Just hold on.

[glendall]

If my premise is correct -- that bitcoin always behaves in the opposite of manner of what I expect -- I believe we'll stay at 450 for a day and then climb to 500 over the 3 days.

I don't see us going sub <400 this month, but hope we do though, as I'm all fiat and sold right now.

[Alley]

Just wait till a couple months after the halving and we really feel the squeeze of a lesser daily supply.

[Fatman3001]

All these people all in fiat waiting for cheap coinz.


Bullish!

[RoadStress]

I don't get what drives the price.

I don't get why we're below $4K.

People are stupid, I guess.

Let's aim 7k$ so I can sell at 6k$!

[BlindMayorBitcorn]

If only Shroomskit could have hodled until Ethereum and The Bitcoin Foundation and the U.S Federal government and Theymos had all finished dumping.  

[dloghwak]

I don't get what drives the price.

I don't get why we're below $4K.

People are stupid, I guess.

Because every time we have $10 -$20 rise, lot of folks think its a good time to take profit before we are back at double digits and while at it maybe its wise to open a short also to put cherry on the cake. JUST IN CASE!

Thats why

Sure, but day trading isn't the only way to invest in an asset.

I maintain my "People are stupid" stance.

Day trading isn't even investing at all.

[ChartBuddy]

Coin



Explanation

[peonminer]

If my premise is correct -- that bitcoin always behaves in the opposite of manner of what I expect -- I believe we'll stay at 450 for a day and then climb to 500 over the 3 days.

I don't see us going sub <400 this month, but hope we do though, as I'm all fiat and sold right now.

[Dotto]

Its happening Now, a few Nows from Now, and a few Nows back.



















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[Fatman3001]

I don't get what drives the price.

I don't get why we're below $4K.

People are stupid, I guess.

Because every time we have $10 -$20 rise, lot of folks think its a good time to take profit before we are back at double digits and while at it maybe its wise to open a short also to put cherry on the cake. JUST IN CASE!

Thats why

Sure, but day trading isn't the only way to invest in an asset.

I maintain my "People are stupid" stance.

I thought that my replay was a confirmation that I agree with your "People are stupid" stance.

I'm people too

Day trading isn't even investing at all.

I agree, but it's very late where I live and I couldn't think of another way to phrase myself.

I don't get what drives the price.

I don't get why we're below $4K.

People are stupid, I guess.

Let's aim 7k$ so I can sell at 6k$!

That's what you think. I'll be selling at the 10K top, while you guyz are fomo-ing after my 4K ruse.

[marcus_of_augustus]

For the moment it dosent look like chines are too excited about passing 3000 yuan level.

Are they still sleeping at Saturday morning? Its 9:00 am there.

... that's ok, we got the Indians, Koreans, Malaysians, Indonesians, South Africans, Russians, Ukrainians, Brazilians, Argentinians, Venezuelans coming on-line.

[Cconvert2G36]

Waiting for that euphoria candle...

[chesthing]

Why torture yourself with following the market and trading if you're going to just use 2%? I only trade(d) to strike it rich and make significant increases in my btc, and I still hate it.

Maybe he just isn't a brilliant gifted guru like yourself. You come off like a pompous ass. 1st world problems, being glued to a computer screen, such torture. Some people actually work for a living.

[HI-TEC99]

For the moment it dosent look like chines are too excited about passing 3000 yuan level.

Are they still sleeping at Saturday morning? Its 9:00 am there.

Do the Chinese banks process wires to exchanges on a Saturday morning? They don't do it in the west. How are the Chinese going to get past the 3000 yuan level until their wires from their banks arrive in the exchanges? Perhaps things will cool off until Monday when the banks open again.

[Proxiebuier]

more positive article about bitcoin
and forbes release good article too  
http://www.forbes.com/sites/laurashin/2015/12/11/should-you-invest-in-bitcoin-10-arguments-in-favor-as-of-december-2015/

time to say welcome to New world in bitcoin industry and keep pump it