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

[Feri22]

my guess is around 600-800 when the halving occurs.

i think our crazy bubble days are over, and more of a steady climb has become the norm.

this is good, the bubbles were way too stressful.

I don't agree, i think mega bubble is coming in coming months...Bitcoin is still too small market to be steady for 100% of time...

[macsga]

Merry Christmas from Greece. It's 22C here.

[hdbuck]

my guess is around 600-800 when the halving occurs.

i think our crazy bubble days are over, and more of a steady climb has become the norm.

this is good, the bubbles were way too stressful.

I don't agree, i think mega bubble is coming in coming months...Bitcoin is still too small market to be steady for 100% of time...

mega bitcoin bubble will coincide with worldwide monetary crisis.

(if bitcoin protocol is not totally denatured and forked into abyss by then)

[peonminer]

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$?

Crypto is done??

[ChartBuddy]

Coin



Explanation

[peonminer]

It will be these times, that we are remembered. Not as Bitcoin speculators, yet as . . . the LOL KINGS.

[ssmc2]

http://www.cbsnews.com/news/2016-could-be-a-banner-year-for-bitcoin/

[fisheater22]

Merry Christmas Everyone!

to the young

and the old

[koryu]

Seems like bitcoin the honey badger doesnt care and makes us a xmas present going back into rally mode

merry xmas everyone 

[ChartBuddy]

Coin



Explanation

[ssmc2]

Not looking good for shorters 

[JayJuanGee]

my guess is around 600-800 when the halving occurs.

i think our crazy bubble days are over, and more of a steady climb has become the norm.

this is good, the bubbles were way too stressful.

I don't agree, i think mega bubble is coming in coming months...Bitcoin is still too small market to be steady for 100% of time...

Yep .... exactamente.....

These various posters who prognosticate that bitcoin has reach some kind of stability or slow growth are living in a kind of fantasy land that ignores the actual state of bitcoin.... anything is possible in bitcoinlandia, but slow and stable seems to be less than a 5% chance, and maybe i am being even a bit too generous to put the probabilities that high?   

If you look at  the recent charts regarding volume and activity and market cap and development and which entities are taking an interest in bitcoin, you will recognize that stability is definitely low in the realm of probabilities in bitcoin's short or medium term future.... and slow growth is also a very low probability in its short or medium term future.

Surely, I would not mind some slow and gradual growth and maybe even some guarantees of such, but that description is out of this world and not the current state of bitcoin... sad to say, and happy to say, at the same time  because like many of us following these forums, I have been accumulating bitcoin over the past couple of years, and if you are reading this post, but you have not been accumulating, it is certainly not too late to get started, especially while BTC prices remain in the triple digits.

We are not guaranteed that violent and explosive upwards growth is going to occur right now or even in the coming 12 months because there is a lot of potential for big money to really attempt to continue to drive prices down, as was done in about the previous 18 months or so...  but nonetheless at this particular moment, the various variables do seem fairly well poised for a shot at some potential upward explosiveness.

[ChartBuddy]

Coin



Explanation

[acquafredda]

Seems like bitcoin the honey badger doesnt care and makes us a xmas present going back into rally mode

merry xmas everyone 

Oh yes, I quote and I wish all the bulls, the bears, the whales and whatever we have around here a merry Christmas. I put some stop-loss orders just in case and I'm going for the celebration!
 

[noobtrader]

my guess is around 600-800 when the halving occurs.

i think our crazy bubble days are over, and more of a steady climb has become the norm.

this is good, the bubbles were way too stressful.

I don't agree, i think mega bubble is coming in coming months...Bitcoin is still too small market to be steady for 100% of time...

Yep .... exactamente.....

These various posters who prognosticate that bitcoin has reach some kind of stability or slow growth are living in a kind of fantasy land that ignores the actual state of bitcoin.... anything is possible in bitcoinlandia, but slow and stable seems to be less than a 5% chance, and maybe i am being even a bit too generous to put the probabilities that high?   

If you look at  the recent charts regarding volume and activity and market cap and development and which entities are taking an interest in bitcoin, you will recognize that stability is definitely low in the realm of probabilities in bitcoin's short or medium term future.... and slow growth is also a very low probability in its short or medium term future.

Surely, I would not mind some slow and gradual growth and maybe even some guarantees of such, but that description is out of this world and not the current state of bitcoin... sad to say, and happy to say, at the same time  because like many of us following these forums, I have been accumulating bitcoin over the past couple of years, and if you are reading this post, but you have not been accumulating, it is certainly not too late to get started, especially while BTC prices remain in the triple digits.

We are not guaranteed that violent and explosive upwards growth is going to occur right now or even in the coming 12 months because there is a lot of potential for big money to really attempt to continue to drive prices down, as was done in about the previous 18 months or so...  but nonetheless at this particular moment, the various variables do seem fairly well poised for a shot at some potential upward explosiveness.

 

I think that fact of actual state of bitcoin (total tx/sec, blocksize, mass adoption) atm is exactly why btc price will be limited.

but even then i agree that at next halving btc price will reach at least 500-800.  and if btc getting more mass adopted within next 4-10 years, maybe 50k, 100k  per bitcoin.

[Divitiae miserae]

Kraken BTC withdrawal fee is 50k satoshi but usually far less is paid to the network and that, expectedly, lengthens the confirmation time.
As an example, Kraken paid less than 8500 satoshi for my last transaction which has been waiting for its first confirmation for an hour and a half, and this is the second time that happens to me.

If they want their pittance, fine, but at least they should allow us to set the actual transaction fee. I can't understand why it's not an available option yet.

[sAt0sHiFanClub]

http://hackingdistributed.com/2015/12/23/bitcoin-fee-market/

I do not have experience with my old age. I do not go around artificially inducing osteoporosis [2] to get ready for my old days -- instead, I make the best of my working days when I'm blessed to have a working skeleton.

 

Did you read the first comment on that? Classic. Maaku chooses to hear only what he wants to hear...

Developing the fee market is not about rising fees..

Developing the fee market is about providing mechanisms for succinctly getting a feel of current fee rates, being able to provide updated fees in response to changing conditions or outdated info, and otherwise making sure that user experience regarding fees is as simple as possible.

So its not about raising the fee after all. Are you sure Mark? I mean, really, Are you telling us that? 

He is using the same weasel language ("Developing the market") when he simply means "getting higher prices"

[Feri22]

Merry Xmas to all

Stop watching the price for a while you junkies  

[JayJuanGee]

my guess is around 600-800 when the halving occurs.

i think our crazy bubble days are over, and more of a steady climb has become the norm.

this is good, the bubbles were way too stressful.

I don't agree, i think mega bubble is coming in coming months...Bitcoin is still too small market to be steady for 100% of time...

Yep .... exactamente.....

These various posters who prognosticate that bitcoin has reach some kind of stability or slow growth are living in a kind of fantasy land that ignores the actual state of bitcoin.... anything is possible in bitcoinlandia, but slow and stable seems to be less than a 5% chance, and maybe i am being even a bit too generous to put the probabilities that high?   

If you look at  the recent charts regarding volume and activity and market cap and development and which entities are taking an interest in bitcoin, you will recognize that stability is definitely low in the realm of probabilities in bitcoin's short or medium term future.... and slow growth is also a very low probability in its short or medium term future.

Surely, I would not mind some slow and gradual growth and maybe even some guarantees of such, but that description is out of this world and not the current state of bitcoin... sad to say, and happy to say, at the same time  because like many of us following these forums, I have been accumulating bitcoin over the past couple of years, and if you are reading this post, but you have not been accumulating, it is certainly not too late to get started, especially while BTC prices remain in the triple digits.

We are not guaranteed that violent and explosive upwards growth is going to occur right now or even in the coming 12 months because there is a lot of potential for big money to really attempt to continue to drive prices down, as was done in about the previous 18 months or so...  but nonetheless at this particular moment, the various variables do seem fairly well poised for a shot at some potential upward explosiveness.

 

I think that fact of actual state of bitcoin (total tx/sec, blocksize, mass adoption) atm is exactly why btc price will be limited.

but even then i agree that at next halving btc price will reach at least 500-800.  and if btc getting more mass adopted within next 4-10 years, maybe 50k, 100k  per bitcoin.

Surely you and I have differing views regarding bitcoin's current state of affairs and that effect on future price probabilities and maybe even what affects BTC prices, and there is certainly nothing wrong with having differing views.. and I certainly appreciate reading differing views on this forum.

hopefully, if we have really considered our views regarding the future likelihoods of bitcoin, then likely we are going to posture our current investments into BTC (or not) according to our view of it as compared with other possible investments that we may have available to us.

[billyjoeallen]

Volume has really dropped off since the $475 high. This rally may be getting long in the tooth. I lowered the premium on my arbitrage coins and still haven't been getting any bites.



Chinese seem to be the only ones pumping and they may not even be aware of the full block issue.

Repent for the fullblocalypse is nigh.