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

[yefi]

Does the beast stir from its slumber?

[BlindMayorBitcorn]

Does the beast stir from its slumber?

[JayJuanGee]

$421 boring action man. Somebody wake me up from hibernation if/when we hit $700 or something.

Even in the best-case scenarios, $700 is going to be a while... Maybe 4 months or longer....?


I would think that if we get into the $480s (and possibly into the $470s would be sufficient), then it is very likely that we would be able to experience the $600s within that same price run... and the $700s seem to be quite a longer shot, especially without some correction (profit-taking) period, first.. which could cause several months of delay... but really, I would like to be wrong, and it does seem difficult to deny that bitcoin is due for some kind of upwards price explosion... I just fear that getting into the $800s would likely require movement to a new ATH (and we may not be quite ready for that, yet?).

680 is next stop

You may be correct, but frequently I am skeptical when price predictions are too specific and lacking in qualifiers.  That's a decent number, though... I frequently am hypothesizing that once prices go past $502 (which really seems to become inevitable after $480, then prices are going to shoot into the $600 to $650 territories... and certainly overshooting towards $680 is not outside of normal irrational bitcoin history, which seems quite likely to continue.

[beastmodeBiscuitGravy]

$421 boring action man. Somebody wake me up from hibernation if/when we hit $700 or something.

Even in the best-case scenarios, $700 is going to be a while... Maybe 4 months or longer....?


I would think that if we get into the $480s (and possibly into the $470s would be sufficient), then it is very likely that we would be able to experience the $600s within that same price run... and the $700s seem to be quite a longer shot, especially without some correction (profit-taking) period, first.. which could cause several months of delay... but really, I would like to be wrong, and it does seem difficult to deny that bitcoin is due for some kind of upwards price explosion... I just fear that getting into the $800s would likely require movement to a new ATH (and we may not be quite ready for that, yet?).

680 is next stop

You may be correct, but frequently I am skeptical when price predictions are too specific and lacking in qualifiers.  That's a decent number, though... I frequently am hypothesizing that once prices go past $502 (which really seems to become inevitable after $480, then prices are going to shoot into the $600 to $650 territories... and certainly overshooting towards $680 is not outside of normal irrational bitcoin history, which seems quite likely to continue.

Sounds good. I bought my first bitcoin at $1200... thought about joining the forum right around then, but put it off. If one considers that things can go one of two directions, either up, or down, and within a relative range either way... we can be confident that the price will do something soon. My thoughts are that it will shoot past brg444's conservative estimate, up to $880. I assign this a 51.5% probability. The remaining 48.5% probability is assigned to another integer of dollars. (USD pls.)

The first use of BTC as a central bank reserve settlement will probably take place this summer, after the miners activate seg wit. People are already enamored with the capabilities of the network, with segwit and the lightning hubs active, the sky deep space is the limit. Mewn sewn boyz, sell the heirlooms, mortgage the house, pumpkin's college fund... get that on a wire to the exchange, your family will thank you later.

[Chef Ramsay]

$421 boring action man. Somebody wake me up from hibernation if/when we hit $700 or something.

Even in the best-case scenarios, $700 is going to be a while... Maybe 4 months or longer....?


I would think that if we get into the $480s (and possibly into the $470s would be sufficient), then it is very likely that we would be able to experience the $600s within that same price run... and the $700s seem to be quite a longer shot, especially without some correction (profit-taking) period, first.. which could cause several months of delay... but really, I would like to be wrong, and it does seem difficult to deny that bitcoin is due for some kind of upwards price explosion... I just fear that getting into the $800s would likely require movement to a new ATH (and we may not be quite ready for that, yet?).

680 is next stop

You may be correct, but frequently I am skeptical when price predictions are too specific and lacking in qualifiers.  That's a decent number, though... I frequently am hypothesizing that once prices go past $502 (which really seems to become inevitable after $480, then prices are going to shoot into the $600 to $650 territories... and certainly overshooting towards $680 is not outside of normal irrational bitcoin history, which seems quite likely to continue.

Sounds good. I bought my first bitcoin at $1200... thought about joining the forum right around then, but put it off. If one considers that things can go one of two directions, either up, or down, and within a relative range either way... we can be confident that the price will do something soon. My thoughts are that it will shoot past brg444's conservative estimate, up to $880. I assign this a 51.5% probability. The remaining 48.5% probability is assigned to another integer of dollars. (USD pls.)

The first use of BTC as a central bank reserve settlement will probably take place this summer, after the miners activate seg wit. People are already enamored with the capabilities of the network, with segwit and the lightning hubs active, the sky deep space is the limit. Mewn sewn boyz, sell the heirlooms, mortgage the house, pumpkin's college fund... get that on a wire to the exchange, your family will thank you later.

Even tho I doubt you paid 12hun for a coin, I assume you bought dozens more in the 2hun range and are sort of set at this point, or u should be. But, your last sentence pointed you out as a butt-tard and you love it. game, set, match.

[suda123]

$421 boring action man. Somebody wake me up from hibernation if/when we hit $700 or something.

Even in the best-case scenarios, $700 is going to be a while... Maybe 4 months or longer....?


I would think that if we get into the $480s (and possibly into the $470s would be sufficient), then it is very likely that we would be able to experience the $600s within that same price run... and the $700s seem to be quite a longer shot, especially without some correction (profit-taking) period, first.. which could cause several months of delay... but really, I would like to be wrong, and it does seem difficult to deny that bitcoin is due for some kind of upwards price explosion... I just fear that getting into the $800s would likely require movement to a new ATH (and we may not be quite ready for that, yet?).

680 is next stop

Ahhh im back, also do you guys have info of the alts all dropping in price? Does that mean altcoin season is over and bitcoin is back on stage?

[JayJuanGee]

$421 boring action man. Somebody wake me up from hibernation if/when we hit $700 or something.

Even in the best-case scenarios, $700 is going to be a while... Maybe 4 months or longer....?


I would think that if we get into the $480s (and possibly into the $470s would be sufficient), then it is very likely that we would be able to experience the $600s within that same price run... and the $700s seem to be quite a longer shot, especially without some correction (profit-taking) period, first.. which could cause several months of delay... but really, I would like to be wrong, and it does seem difficult to deny that bitcoin is due for some kind of upwards price explosion... I just fear that getting into the $800s would likely require movement to a new ATH (and we may not be quite ready for that, yet?).

680 is next stop

Ahhh im back, also do you guys have info of the alts all dropping in price? Does that mean altcoin season is over and bitcoin is back on stage?

I doubt that there is any meaningful direct correlation exactly between various alts and bitcoin, even though maybe from time to time, the performance of some alts can be compared and contrasted with the performance of bitcoin - and the investment and disinvestment trade-offs.

[wasserman99]

They are boring days for speculative people

[beastmodeBiscuitGravy]

$421 boring action man. Somebody wake me up from hibernation if/when we hit $700 or something.

Even in the best-case scenarios, $700 is going to be a while... Maybe 4 months or longer....?


I would think that if we get into the $480s (and possibly into the $470s would be sufficient), then it is very likely that we would be able to experience the $600s within that same price run... and the $700s seem to be quite a longer shot, especially without some correction (profit-taking) period, first.. which could cause several months of delay... but really, I would like to be wrong, and it does seem difficult to deny that bitcoin is due for some kind of upwards price explosion... I just fear that getting into the $800s would likely require movement to a new ATH (and we may not be quite ready for that, yet?).

680 is next stop

You may be correct, but frequently I am skeptical when price predictions are too specific and lacking in qualifiers.  That's a decent number, though... I frequently am hypothesizing that once prices go past $502 (which really seems to become inevitable after $480, then prices are going to shoot into the $600 to $650 territories... and certainly overshooting towards $680 is not outside of normal irrational bitcoin history, which seems quite likely to continue.

Sounds good. I bought my first bitcoin at $1200... thought about joining the forum right around then, but put it off. If one considers that things can go one of two directions, either up, or down, and within a relative range either way... we can be confident that the price will do something soon. My thoughts are that it will shoot past brg444's conservative estimate, up to $880. I assign this a 51.5% probability. The remaining 48.5% probability is assigned to another integer of dollars. (USD pls.)

The first use of BTC as a central bank reserve settlement will probably take place this summer, after the miners activate seg wit. People are already enamored with the capabilities of the network, with segwit and the lightning hubs active, the sky deep space is the limit. Mewn sewn boyz, sell the heirlooms, mortgage the house, pumpkin's college fund... get that on a wire to the exchange, your family will thank you later.

Even tho I doubt you paid 12hun for a coin, I assume you bought dozens more in the 2hun range and are sort of set at this point, or u should be. But, your last sentence pointed you out as a butt-tard and you love it. game, set, match.

Hard to believe, I know. Altho, did you ever pause and consider... that someone was buying those trades at $1200?? It’s true, doubt away buddy… I know my truth, and I’m not embarrassed.

You know what they say about assuming things...

Then with the anglophobic crap. I mean, I’ve done stuff… but I’m not British. I have several gastronomically inclined friends, tho. They definitely are, loud and proud. 

[marcus_of_augustus]

https://www.reddit.com/r/Bitcoin/comments/4dk8j1/financial_times_barclays_partners_with_bitcoin/

not quite Wall St. but close enough ... City is first to show up (officially) for the bitcoin party.

[Hunyadi]

https://www.reddit.com/r/Bitcoin/comments/4dk8j1/financial_times_barclays_partners_with_bitcoin/

not quite Wall St. but close enough ... City is first to show up (officially) for the bitcoin party.

This is going to be good 

[DonYo]

https://www.youtube.com/watch?v=Jyo0v-T4Ues

[Hunyadi]

http://coinjournal.net/lightning-network-should-be-ready-this-summer/

https://www.youtube.com/watch?v=uebInqG1pJI

[bargainbin]

^^
Fiat Child: Where's Daddy? What's he doing?

Fiat Fairy: He is guarding our home, son.

Fiat Fairy: There has been a war, and this land is lost.

Fiat Child: Why can't we fight and win, Mommy?

Fiat Fairy: Because they have weapons and technology [also Assburgers --ed.]. We just have love.

[Fatman3001]

New candidate for the Bitcoin Anthem: https://www.youtube.com/watch?v=urglg3WimHA

[Denker]

https://www.reddit.com/r/Bitcoin/comments/4dk8j1/financial_times_barclays_partners_with_bitcoin/

not quite Wall St. but close enough ... City is first to show up (officially) for the bitcoin party.

London seems to be way more open to cryptos and Bitcoin.
While NY state stifles progress and innovation via a stupid license, London is rubbing hands and says: "Come to us!"
That BitLicense seems be self-defeating.

[LMGTFY]

https://www.reddit.com/r/Bitcoin/comments/4dk8j1/financial_times_barclays_partners_with_bitcoin/

not quite Wall St. but close enough ... City is first to show up (officially) for the bitcoin party.

London seems to be way more open to cryptos and Bitcoin.
While NY state stifles progress and innovation via a stupid license, London is rubbing hands and says: "Come to us!"
That BitLicense seems be self-defeating.

Sort of. So long as it benefits them. Banks in the UK don't appear BTC-friendly at a consumer-level - if you want to stick GBP on an exchange you're looking at a non-UK exchange and SEPA transfers. Even buying BTC on Localbitcoin you'll probably be asked by the seller to use something like "Ebay purchase" as the reference in case the seller's bank takes offence and closes their account for having the audacity to use that magic internet money.

I do think this is good news, however, despite the hypocrisy of UK banks.

[bargainbin]

https://www.reddit.com/r/Bitcoin/comments/4dk8j1/financial_times_barclays_partners_with_bitcoin/

not quite Wall St. but close enough ... City is first to show up (officially) for the bitcoin party.

London seems to be way more open to cryptos and Bitcoin.
While NY state stifles progress and innovation infestation [...]

         ^BitLicense^

[Gyrsur]

http://coinjournal.net/lightning-network-should-be-ready-this-summer/

[bargainbin]

Welcome to debt slavery!