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

[Bitfirm]

Nice xmas rally!

[podyx]

No cheap coins this christmas

[Andre#]

Throttling the network in the name of security is like fucking for virginity.

That sums it up quite nicely. 

[JimboToronto]

No cheap coins this christmas

Whadya mean no cheap coins? Anything under $700 is cheap.

[Searing]

kinda off topic but for home miners STILL mining this winter......got my elec knocked down with Xcel 4.37c from 13.7c kwh to 9.27 kwh

so just tossing it about (the link that is) on how I stumbled into this (it is on the back of the Xcel bill if you have Xcel Energy in the Midwest USA)

here it the link

https://bitcointalk.org/index.php?topic=1257327.msg13343965#msg13343965

Again off topic but important imho...saved me 115 usd a month for 5 months in winter....so check it out..no catch (again if you have Xcel look at

the back of your monthly bill for winter rates. Anyway details story on how fell into this above...it SHOULD apply to other utilities also imho ask around)

(not advertised ..except in Xcel's case listed on back of your monthly bill)

Be sure to post your results on the above thread and especially if this works with other electric utilities for winter rates also..pass it along

good luck ...anything that allows you to spend the $$$ saved into bitcoin/speculation etc is a good thing imho More time spent on this thread then huh

[ChartBuddy]

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Explanation

[Feri22]

No cheap coins this christmas

Whadya mean no cheap coins? Anything under $700 is cheap.

Anything under $1000 is cheap guys

[ChartBuddy]

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Explanation

[MatTheCat]

I just want to point out that that the beginning of this move was set off by a 2K coin bid wall on OKcoin. So this still is some hope left for wall observation if you look closely.

I knew it was going to have a little burst up when I seen the rather obvious and conspicuous 1.5K Ask Wall sitting smack bang on $450 on Stamp, 'the cashout' exchange. Jumped on Huobi and jumped off last night, at more or less the same price level as we are currently at. But taking my nose out of this thread and all the moronic 2DaMoon memes that appear as soon as BTC goes up $10, and indeed zooming out the chart a little bit, we can see that Bitcoin is still very much within a consolidation range, and indeed at a very interesting location between a Gann 8x1 resistance line, and the Gann 1x1 from the most recent bottom:

https://www.tradingview.com/x/JNSIsiRE/

With the 25th Dec and the expiration of the OKCoin 3 Month Futures less than 24 hours away, now is perhaps a good time to start hunting shorts, although I doubt any nice easy market structure shall present itself here, and I don't have the balls to short here otherwise.

[molecular]

... there is no way to differentiate between "small legit transactions" and fee-paying spam if they pay the same fee

Can you articulate your definition of 'fee-paying spam'?

[ChartBuddy]

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Explanation

[BlindMayorBitcorn]

https://chrispacia.wordpress.com/2015/12/23/lightning-network-skepticism/

I like the idea of the lightning network. I think the developers behind it are very smart and it’s a very clever use of Bitcoin contracts. I’m sure that whatever comes from it will be useful to some parts of the Bitcoin ecosystem at a minimum. What I’m not for, however, is prematurely deprecating critical parts of bitcoin (zeroconf transactions and low transaction fees) when it’s not yet clear that the lightning network will be a viable replacement for them. Yet that’s what the core developers seems bent on doing.

submitted 4 hours ago by HostFat

[HWoodrow]

In your opinion, what is the expected trend for the next year? Price will rise to 1000$ and more or will drop to 300-200$?

[ChartBuddy]

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[GreekGeek]

In your opinion, what is the expected trend for the next year? Price will rise to 1000$ and more or will drop to 300-200$?

north of previous ATH (~1200)

my personal bet is rise to 3000-3600 then a correction to the 2000 area 
(USD or EUR doesn't really matter does it?  )

[BlindMayorBitcorn]

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Explanation

[HWoodrow]

In your opinion, what is the expected trend for the next year? Price will rise to 1000$ and more or will drop to 300-200$?

north of previous ATH (~1200)

my personal bet is rise to 3000-3600 then a correction to the 2000 area 
(USD or EUR doesn't really matter does it?  )

Oh God, hope that price will rise within value that you sayed, it will be a great satisfaction for me ! . But it would be required many many investors to allow price to reach that level !

[coinzat]

Some users were frightened while the last week and some of them speculate that the price will go to 300 levels again because of small decrease in the price !
Here we are rising again to the + 450$ level

[roslinpl]

Hey,

Wasn't expecting to see such a nice movement today.  
Hopefully it means that during the Xmas we will have a lot of fun here while checking on the charts.

Happy Xmas everyone!

[Proxiebuier]

Triple top ? what the next target