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

[Fakhoury]

If China gov doesn't come out with another ban on bitcoin like last pump, WHO KNOWS HOW HIGH THIS WILL GO

You reminded me of this

[chesthing]

If China gov doesn't come out with another ban on bitcoin like last pump, WHO KNOWS HOW HIGH THIS WILL GO

$3200

$40k

[Fakhoury]

If China gov doesn't come out with another ban on bitcoin like last pump, WHO KNOWS HOW HIGH THIS WILL GO

$3200 $32,000

FTFY

[ssmc2]

Are you saying then that if we break 4800 again the next stop is ATH?

It will be cut like butter IMHO

[600watt]

Been quietly waiting for this for > 2 years

two years of agony, tears, blood, panic, indifference, hope, delusion, and strength. congrats to all hodlers. historic mega harvest incoming for you.

[AZwarel]

None ever mentioned money velocity in respect to tx/sec and blocksize arguments. It does not matter up until a point if you get confirmation in the next block, or tomorrow (unless you want to spend the same utxo in a short time cycle again) if you will not spend that anyway for weeks (the velocity is unlinked with actual tx/s).

If i pay my coffee, i do not care anymore if it would take 10 mins or 10 days, and most likely the coffee shop owner neither, for his got 100/day incoming txs, and he only has to pay suppliers a few times/month. So the actual economic activity that Bitcoin today can serve is way more than a mere 7tx/sec imo.

Not to mention, once in the mempool with "enough" fee, the receiver can be sure to have those bitcoins in a few hours, max days, but never have to deal with charge backs, unlike credit cards (obviously up until a point which we are faar away yet)!

[Fakhoury]

Been quietly waiting for this for > 2 years

two years of agony, tears, blood, panic, indifference, hope, delusion, and strength. congrats to all hodlers. historic mega harvest incoming for you.

[Fakhoury]

Are you saying then that if we break 4800 again the next stop is ATH?

It will be cut like butter IMHO

Nice recall, ssmc2

[adamstgBit]

gentlemen
this is peanuts and you know it.
we are headed for 32,000$ and there can be no stopping us
after that we WILL conquer the world.
one node at a time.


join us or die.

[JayJuanGee]

Fucking bulls, this could flip the 6h PSAR to bullish!

I don't know technicals, but likely we flipped bullish quite a while back, and that was more or less the breaking of $500

I hope that you are not attempting to short this thing, except maybe just once in a while for small corrections.


Even though you are a bear, you frequently have some reasonable analysis, but I would imagine that it has been quite a bit tougher to make money (being a bear) since after August 2015, as compared to between November 2013 and August 2015, no?

[600watt]

If China gov doesn't come out with another ban on bitcoin like last pump, WHO KNOWS HOW HIGH THIS WILL GO

$3200

and i thought you are an optimist.

[podyx]

Been quietly waiting for this for > 2 years

two years of agony, tears, blood, panic, indifference, hope, delusion, and strength. congrats to all hodlers. historic mega harvest incoming for you.

Yes congratulations to all holders. There's been some tough days for us.

[Fakhoury]

If China gov doesn't come out with another ban on bitcoin like last pump, WHO KNOWS HOW HIGH THIS WILL GO

$3200

and i thought you are an optimist.

I lol'd hard on this

[Fakhoury]

[BlindMayorBitcorn]

Look, I'm not trying to sell you on ETH.

Let me put forward a supposition: deriding holders of Bitcoin hasn't been going well for you in the face of increasing prices (that now exceed your exit point), so you devised a strategy to latch on to eth instead. That way you can still deride holders that you told to sell in the $200s. You never bought in low, and you never did fantastically financially from eth.

Keep on guessin' friend. I specifically told BMB that it was really risky to be buying ETH at the $14 top months ago. I have said that ETH acts as a hedge for me, a contingency plan in case Blockstream's grasp doesn't falter.

I've been in Bitcoin since the summer of 2011, heard about it originally on Steve Gibson's podcast. I've sold plenty along the way, some higher than today, some much lower. I've bought some damn good panics. The only reason I bitch so much about this issue is because I care. It pains me to see BTC's huge advantage being chiseled away.

When I go silent for good, you'll know I've sold everything and am not coming back. Criticism and dissent are an important factor in avoiding group-think, you should be thanking me.  

 

[ImI]

gentlemen
this is peanuts and you know it.
we are headed for 32,000$ and there can be no stopping us
after that we WILL conquer the world.

nah, not interested in 32,000$. seriously, 3000-4000$ is all asked for.

[gogodr]

gentlemen
this is peanuts and you know it.
we are headed for 32,000$ and there can be no stopping us
after that we WILL conquer the world.

nah, not interested in 32,000$. seriously, 3000-4000$ is all asked for.

Im interested in 32k. Why would you focus on 3k when you can focus on 32k.

[marcus_of_augustus]

[600watt]

Yes congratulations to all holders. There's been some tough days for us.

i hear you.

i see green dildos. on all exchanges. fuck yeah.

 

[JayJuanGee]

Been quietly waiting for this for > 2 years

Yep the last few weeks have been great.. and today is a kind of confirmation, as well regarding this thing that we call bitcoin, catching more and more steam.  It's a good time for bitcoin HODLers, except, maybe a little bit difficult to sleep because of the nearly 24/7 excitement.