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

[Gillette]

>460 again soon...
took longer than expected.
but i think at this point expecting an unexpected BOOM upward is the way to go.
the way i see it an aggressive climb >520 is looming, it will happen very fast, 475 one day >520 the next.
and then we all know what happens next. 

I`m ready. Let`s do this shit!

[r0ach]

I'll bet that almost nobody knows what a DAO is. I sure as shit don't. But it's a number that probably goes UP.

All you need to know about why buying the DAO will likely cause you to lose large amounts of money:

https://bitcointalk.org/index.php?topic=1471177.0

[whored]

Can't seem to break through that $460 major psychological resistance. Bankster j00z blocking our shine

[kehtolo]

I'm looking at tradeblock and it is showing blocks being made with average 4 minutes apart!!
That's crazy.. difficulty is supposed to keep re-targeting for a time of 10 minutes.

That is an unimaginable increase in hashing power to get down from the target of 10 min.
 

https://tradeblock.com/bitcoin/

[Blacula X]

^^Just happens sometimes. https://bitcoinwisdom.com/bitcoin/difficulty

[ssmc2]

Yawn

[biggus dickus]

I'm looking at tradeblock and it is showing blocks being made with average 4 minutes apart!!
That's crazy.. difficulty is supposed to keep re-targeting for a time of 10 minutes.

That is an unimaginable increase in hashing power to get down from the target of 10 min.
 

https://tradeblock.com/bitcoin/

It's normal, the target is an average of 10 min. Occasionally series of blocks are found excessively quickly, or excessively slowly. Mostly they are found roughly every ten mins, and the smaller number of irregularly timed ones cancel each other out in the averaging calculation.

[edgar]

socks talking to themselves again?

[hdbuck]

socks talking to themselves again?

much echo.

[whored]

socks talking to themselves again?

much echo.

Yes, apparently.

[klondike_bar]

 

As bullish as it sounds, this is also what im seeing in the charts. sometime around May 21st the price will likely begin signalling an exit from the current flag, likely in an upwards direction.

crossing $470 will probably mean little resistance at the $500 mark, then a brief rally into the $620->$520->$580->$540 range depicted, followed by another few months of slow bullish consolidation through halving

edit: the range depicted actually looks like a peak at ~$750, which i dont beleive. $600-$650 range would provide massive resistance and it could take weeks or months to eat through it during consolidation

[noobtrader]

 

As bullish as it sounds, this is also what im seeing in the charts. sometime around May 21st the price will likely begin signalling an exit from the current flag, likely in an upwards direction.

crossing $470 will probably mean little resistance at the $500 mark, then a brief rally into the $620->$520->$580->$540 range depicted, followed by another few months of slow bullish consolidation through halving

Im totally concur...

thats the plan to reach 700-800 price range after halving

[whored]

How long do you gentlemen think it'll take people to figure out that *all of you* are waiting for the halvening to unload, and start trying to beat the maddening crowds?

[noobtrader]

How long do you gentlemen think it'll take people to figure out that *all of you* are waiting for the halvening to unload, and start trying to beat the maddening crowds?

thats is totally not true...  i will unload only above ATH, and buy back when price retreat.

[r0ach]

[JayJuanGee]

Can't seem to break through that $460 major psychological resistance. Bankster j00z blocking our shine

You are getting a bit ahead of yourself, whored....

Based on the ongoing low volume trading, I would frame the current state of bitcoin a bit differently.

BTC prices keep trickling up, and in the past several days, there has been difficulties to get folks to sell BTC and to get prices to go (and to stay) below $450. 

Poor lillie bears...   gonna get r3kt.. if they aren't already.. 

[DaRude]

I'm looking at tradeblock and it is showing blocks being made with average 4 minutes apart!!
That's crazy.. difficulty is supposed to keep re-targeting for a time of 10 minutes.

That is an unimaginable increase in hashing power to get down from the target of 10 min.
 

https://tradeblock.com/bitcoin/

Are you saying the halfening will be sooner than we're expecting?

[gentlemand]

Very possible, no? I think it's already moved up a week or two compared to predictions from last year.

[BlindMayorBitcorn]

Don't you folks have a DAO I can invest in or something?

[Fatman3001]

Don't you folks have a DAO I can invest in or something?

GTFO ASAP DAO DOA