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

[spooderman]

 

[1713239720]

1713239720

[Elwar]

boom gif

denzel version

[Richy_T]

Cant go up forever.

Sure it can. It's a deflationary currency.

[ghandi]

It's fomo time!

[Richy_T]

TERA doesn't seem to agree. i don't really know how to see it. i tend not to look at the markets, more the actual tech and the growth in transactions and users.

Well, context is important but a lot of the time when it's just sitting there, that is my interpretation. It's a game I've played myself in real forex (it doesn't take much on a small exchange)

[JimboToronto]

Well good morning Bitcoinland. Just woke up in time to see a little action.

Seems that $450 is still holding and now we've broken $460 as well.

Hopefully this means $400 is a thing of the past, buried in the the tar pits like $300.

Maybe $480 this week? Can we dream of $500?

[rjclarke2000]

I've even got the FOMO and I've been accumulating for many many months and am happy with my amount.


Even taking this in to consideration I still have a bit of FOMO.

I would hate to have sold early or never bought any.

[aztecminer]

Well I'm feeling more convinced now that this uptrend has more runway.  The whale behavior is starting to look like what it did in early 2013.  

Let's put it this way, if someone is trying to prime the pump for a new rally to a new ATH, they are doing it right.  If it continues to 600 or more, then I can't imagine that it won't explode sometime after that, probably in the new year.  U.S. traders will have new money to invest after they sell off stocks to pay taxes by EOY.

And it would be a damn shame if they waste this rising opportunity, because they have to know that building positive market sentiment doesn't come around all that often.  Once cultivated, don't blow it, use it (this is exactly what they did in 2013).  Because once sentiment turns negative again, it'll stay that way likely for years... again.

I guess we shall see how this all plays out.

i am in the green with $500.00 bitcoin... i would have to look back but i think i reached green when bitcoin blew through $400.

[ErisDiscordia]

nicy nice

Yeah, so now we get full blocks commonly. Price goes up much more and we'll have every block full. 

This will put great pressure on Bitcoin which should be good for it seeing as it is supposed to be anti-fragile.

[dreamspark]

Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

[Divitiae miserae]

A break-out appears to be imminent. It had better be downwards.





















Only joking.

[Elwar]

Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work

As someone who actually uses Bitcoin as a currency. It works.

[TQMA]

So to see the bear is hibernating now (maybe)? Almost winter é

[mr angry]

Well I'm feeling more convinced now that this uptrend has more runway.  The whale behavior is starting to look like what it did in early 2013.  

Let's put it this way, if someone is trying to prime the pump for a new rally to a new ATH, they are doing it right.  If it continues to 600 or more, then I can't imagine that it won't explode sometime after that, probably in the new year.  U.S. traders will have new money to invest after they sell off stocks to pay taxes by EOY.

And it would be a damn shame if they waste this rising opportunity, because they have to know that building positive market sentiment doesn't come around all that often.  Once cultivated, don't blow it, use it (this is exactly what they did in 2013).  Because once sentiment turns negative again, it'll stay that way likely for years... again.

I guess we shall see how this all plays out.

What about going back down to 230? You said the market will crash back down to 230, and that you will be making $3000 for every $10 it drops on the way down. You said it could take months to play out, but it's inevitable. Now you are saying it's going to pump to a new ATH?

Expect more of this on the way back down to 230. 

[wachtwoord]

Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work

It works perfectly. You'll need to pay for what you use (the most secure system in the world). Full blocks is good foor Bitcoin as miners will get rich and start competing each other even harder for the spoils (and hence increase the security further).

Why cant anyone see this? It's so obvious.

[peonminer]

N00B BEAURZ GET FUXND PWND LAULZ Y U ALWAS SCUARED JULULUL ORDERZ B00KZ STAKIN UP TERH BURIDZ LULULULULULULULU $500 IN BOUND
OMGFKG TERH RAPTOOORRRUURRRR

[Torque]

Well I'm feeling more convinced now that this uptrend has more runway.  The whale behavior is starting to look like what it did in early 2013.  

Let's put it this way, if someone is trying to prime the pump for a new rally to a new ATH, they are doing it right.  If it continues to 600 or more, then I can't imagine that it won't explode sometime after that, probably in the new year.  U.S. traders will have new money to invest after they sell off stocks to pay taxes by EOY.

And it would be a damn shame if they waste this rising opportunity, because they have to know that building positive market sentiment doesn't come around all that often.  Once cultivated, don't blow it, use it (this is exactly what they did in 2013).  Because once sentiment turns negative again, it'll stay that way likely for years... again.

I guess we shall see how this all plays out.

What about going back down to 230? You said the market will crash back down to 230, and that you will be making $3000 for every $10 it drops on the way down. You said it could take months to play out, but it's inevitable. Now you are saying it's going to pump to a new ATH?

Expect more of this on the way back down to 230.  

For the short term at least, it appears that I got it wrong. I was basing that opinion on the 2 previous head fakes that we had previously this year, as well as 2 solid years of nothing but bear market.

So one can't be a cautious bull now?  Predictions have to always be right?  A broken clock is right twice a day and 730 times a year.

Besides, it could still turn south back into bear market mode any time the whales want it to.  That could happen tomorrow, or 4 months from now. This is not Average Joes running up the price.  This is a few deep pocket whales.  No one, I mean NO ONE, knows their end game or how high they intend to take it except them.

[ChartBuddy]

Coin



Explanation

[Elwar]

Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work

As someone who actually uses Bitcoin as a currency. It works.

I'm sure. many children used Chuck E. Cheese coins as a currency too, but that's not what I'm talking about.
I'm talking about full blocks, which would make Bitcoin unusable

Other than getting your money onto an exchange, just sending the transaction has tended to be good enough for any payment I've done.

I've even sent a few people over $10k worth of bitcoins and once they saw the transaction show up that was good enough for them. Of course we had established enough trust by then to make such a transaction possible.

[isvicre]

Heading to 500 dollar really excites me. That would be one of the greatest Christmas gift for miners and Bitcoin holders. I wish I could buy more coins but pay check date is 15 days ahead.