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

[arcmetal]

Pre-halving rally is go.

I noticed that the price was on a small linear rise these past few days, then it just popped up.  The only thing I can find as to what it might be is this: "CFTC Grants Full Registration to Bitcoin Swaps Trading Platform"  -- Coindesk.... or is it just the "pre-halving"?

What's the prevailing wind out there say?

[luckygenough56]

600 this week end

[Room101]

3 years since i bought my BTC.

Has been some ups, some downs and some boring bits in the middle.
Still an excellent decision, and looking back i really can't believe the insane adoption that has happened over those last 3 years. Daily transactions, USD volume etc etc. Never really thought it would get this far, and when monitoring BTC on a day to day basis it is easy to get get caught up in all the bullshit and forget just how far we have come.

[marcus_of_augustus]

... it's eyeing 500 now, it smells it

https://www.youtube.com/watch?v=2SWMmxGiwgQ

[600watt]

600 this week end

what is it about my weekend?

[shmadz]

If I had more guts, I'd short at this point.

Should re trace to the point where previous resistance becomes support...

Should......

Edit- right Around 465 , but I would set my bids at 470

[2015Bubble]

[yefi]

I noticed that the price was on a small linear rise these past few days, then it just popped up.  The only thing I can find as to what it might be is this: "CFTC Grants Full Registration to Bitcoin Swaps Trading Platform"  -- Coindesk.... or is it just the "pre-halving"?

What's the prevailing wind out there say?

There are some technical reasons, because there was a fakeout, and we've broken through resistance.

[JayJuanGee]

seems like BTC prices are gonna have to go below $430 or even lower to put me back in the red

Don't think that's gonna happen. Congratulations. Sincerely.

Actually, we agree on something. 

for about the past 8 months, I have been building up my BTC portfolio

Seeing as we found a topic we can be all lovey-dovey over, here's a tip from sad experience... If you're going to trade ladders, building $ on the upswing and BTC on the down, then stay ever-vigilant. When the rocket ignites, it is sudden and violent. You are likely to be come out with a pile of stinky fiat that cannot come anywhere close to buying back the BTC you just sold.

I understand what you have been talking about, and I definitely have been playing around with this, and from time to time discussing my various strategies in this regard.


Here's a recent post that I made on the topic:

https://bitcointalk.org/index.php?topic=1166428.msg14985823#msg14985823


I do not claim to be any kind of expert and I am learning with practice, yet overall I have been selling off small portions of my BTC portfolio.. but I understand what you are saying how it could kind of get away from you... but I also have some charts (that currently go up to about $3500) that show limitations in how much I am authorizing myself to sell.. so for example, even if prices would shoot up to $3500, I would likely still have close to 50% of my BTC... Of course, I do have to tweak this a bit and attempt to roll with the punches of the situation  in front of me as it may evolve.

[Hunyadi]

Pre-halving rally is go.

I wonder what is the next FUD-attack. Hearn, Ver, Wright, Ehrsam,...

[shmadz]

You know , if liquidity actually dries up we could see a major move, just like old times . 10 X, 20 X, 100 X

 but I doubt that - markets are too deep now - more mature - more options to short, - in theory it should even out the market . Gradual climb to 3200 would be nice though :-)

[2015Bubble]

You know , if liquidity actually dries up we could see a major move, just like old times . 10 X, 20 X, 100 X

 but I doubt that - markets are too deep now - more mature - more options to short, - in theory it should even out the market . Gradual climb to 3200 would be nice though :-)

7.6B marketcap mature?
U aware that snapchat = 50B ?



x10 is possible imo.

[shmadz]

You know , if liquidity actually dries up we could see a major move, just like old times . 10 X, 20 X, 100 X

 but I doubt that - markets are too deep now - more mature - more options to short, - in theory it should even out the market . Gradual climb to 3200 would be nice though :-)

7.6B marketcap mature?
U aware that snapchat = 50B ?



x10 is possible imo.

Dude, when bitcoins was a dollar I never thought it would get to like five bucks,  and then within a week it went to 32 .

 couple years later we were at like 10 or 15 and I thought it would be crazy if we could get to like 50 and then we went to 250

 couple months later was thousand

 in my time I've learned to never underestimate the bitcoin

 *Edit* also pleased to realize that bitcoins is not real money everything can go to zero immediately tomorrow, but both outcomes are possible. good luck out there

[2015Bubble]

[yefi]

[yefi]

I wonder what is the next FUD-attack. Hearn, Ver, Wright, Ehrsam,...

Ha ha, I was half expecting something from the bogus Tulip Trust, like a story that the trustee had absconded with a million BTC

[2015Bubble]

I wonder what is the next FUD-attack. Hearn, Ver, Wright, Ehrsam,...

Ha ha, I was half expecting something from the bogus Tulip Trust, like a story that the trustee had absconded with a million BTC

Trump banning bitcoins?

[Chef Ramsay]

Litecoin is owning this runup at this point so i hope folks have a piece going forward. When BTC goes bananas, litecoin does the same and then some. Welcome today and going forward.

[lottery248]

wtf 500, because someone pumps the bitcoin. this will less likely stand long for me.
implying HYPE

[2015Bubble]

RUN!