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

[Jord33]

Bought in last night when it was at 690, wake up and it's 730  
I don't have much BTC, but still nice to see it rising, and I've been accumulating since just before it started rising, anticipating a rise and still am, so hope we get into the 4 figures   I believe we will anyway.

[dorhug121]

$720, $850, and $1000 are significant on the chart, and we may not have technically broken $720 until we close above it.

Most markets are driven by traders constantly cashing out and in. The same people that were in the market at $300 won't be those same participants at another price. Some people are maximising fiat, others are maximising BTC. If you're a "fiat accumulator" then you cash out at every small top and back in at the dips. So the volume is from the same traders entering and exiting again and again.

Many will have joined at $300 and exited at $350

[Andre#]

What is going on? This went mad so fast i can´t even believe it.

believe it, and dont sell, let the suckers try and "catch the top".

we have this expression for discouraging bottom fishing: " dont try to catch a falling knife "

maybe we need a new one for discouraging catching the top: " dont try and stop a rocket "

Due to the big BTC and GOLD rush, im afraid of something big going on globaly. Are there news about big catastrophic or war being declares?

http://www.bloomberg.com/graphics/2016-brexit-watch/

Brexit is looking more likely.

In all practicality yes brexit should happen, not one person I speak to thinks we should remain in the EU, but personally I think they just won't allow it.

Of course they won't. I'm pretty sure the European Commissioner for Defence and Internal Security already has fully prepared Operation Downing Street to send the EU Defence Forces to occupy London as soon as the referendum results are published.

Except that there are no EU Defence Forces, nor a Commisioner for Defence. But there is a British Army, complete with nukes. So I think if there's anyone who won't allow it, it will be the British voters. And something tells me they are not that different than the Scottish voters during their Scotxit referendum. But I could be wrong. In which case, enjoy your splendid isolation.

[Jord33]

Of course they won't. I'm pretty sure the European Commissioner for Defence and Internal Security already has fully prepared Operation Downing Street to send the EU Defence Forces to occupy London as soon as the referendum results are published.

Except that there are no EU Defence Forces, nor a Commisioner for Defence. But there is a British Army, complete with nukes. So I think if there's anyone who won't allow it, it will be the British voters. And something tells me they are not that different than the Scottish voters during their Scotxit referendum. But I could be wrong. In which case, enjoy your splendid isolation.

Nah I was talking about the global elite   the vote will be for exit no doubt, call me crazy but I believe democracy is an illusion and the EU is part of the NWO and that there's no way the global elite will allow us to leave the EU, just my opinion, isolated as I maybe I'm used to it by now anyway dw  

[julian071]

this will be a great day at work. there are 4 pc´s online there and lots of smartphones. i cannot escape. i cannot concentrate. good thing i am the boss, because if i wouldn´t be, my boss would kick my arse.  

LoL same situation here haha

[Masoholik]

my boss is kickin my arse every day, the last weeks

[Elwar]

holy shit what is going on at stamp?

The only "wall" is about 50 BTC at $675. Not much between that and $735.

Fortunately Bitfinex is a bit more solid.

[JayJuanGee]

holy shit what is going on at stamp?

The only "wall" is about 50 BTC at $675. Not much between that and $735.

Fortunately Bitfinex is a bit more solid.

Still takes 1,500 coins before you even get to the 50BTC wall at $675, so the book is not as empty as you seem to be implying.

Also, there remains quite a bit of upwards buying pressure.... Yeah, sure we could get a correction at any time, but the overall trend remains upwards (even if we experience a 5% or more correction).

Furthermore, we all should expect the possibility for a considerable amount of bouncing around in the price, especially after it moves up a lot.  It takes a bit of time for the books to fill below, so we frequently will experience some aftershock movements, until the price footing maybe becomes more settled.

[sana9827]

Feels so 2013 now.
Sleeping is becoming quite funny having price alerts set. Exciting to say the least.
Watching really closely every single change because everyday is different.
Times of sideways (around 400$) are over. Watch out everybody.

[savetherainforest]

Due to the big BTC and GOLD rush, im afraid of something big going on globaly. Are there news about big catastrophic or war being declares?

Wars maybe later in 2-3 years ... but for now form what I know there is massive lose in agricultural production all over the world, heavy rain, floods, cold weather, drought, snow and hale in weird tropical places.
Food prices will go up this year between 50% < - > 3000% ... I already stacked on Coffee and Chocolate! .. the rest I don't care! Who needs bread?

[Elwar]

holy shit what is going on at stamp?

The only "wall" is about 50 BTC at $675. Not much between that and $735.

Fortunately Bitfinex is a bit more solid.

Still takes 1,500 coins before you even get to the 50BTC wall at $675, so the book is not as empty as you seem to be implying.

Also, there remains quite a bit of upwards buying pressure.... Yeah, sure we could get a correction at any time, but the overall trend remains upwards (even if we experience a 5% or more correction).

Furthermore, we all should expect the possibility for a considerable amount of bouncing around in the price, especially after it moves up a lot.  It takes a bit of time for the books to fill below, so we frequently will experience some aftershock movements, until the price footing maybe becomes more settled.

Yep, quite active. I am never surprised by a correction after a huge jump. If I was smart I would be part of that correction but I have done well enough sitting back and just letting things happen.

It is very demotivating to do any work when I make more in one day with bitcoins than I do with months at my job.

[JayJuanGee]

holy shit what is going on at stamp?

The only "wall" is about 50 BTC at $675. Not much between that and $735.

Fortunately Bitfinex is a bit more solid.

Still takes 1,500 coins before you even get to the 50BTC wall at $675, so the book is not as empty as you seem to be implying.

Also, there remains quite a bit of upwards buying pressure.... Yeah, sure we could get a correction at any time, but the overall trend remains upwards (even if we experience a 5% or more correction).

Furthermore, we all should expect the possibility for a considerable amount of bouncing around in the price, especially after it moves up a lot.  It takes a bit of time for the books to fill below, so we frequently will experience some aftershock movements, until the price footing maybe becomes more settled.

Yep, quite active. I am never surprised by a correction after a huge jump. If I was smart I would be part of that correction but I have done well enough sitting back and just letting things happen.

It is very demotivating to do any work when I make more in one day with bitcoins than I do with months at my job.

I'm certainly a relatively newbie when it comes to attempts at trading, and bitcoin has brought a lot of  those abilities to directly trade in a way that is more directly interactive as compared to traditional investments, which seem to be more of a 9-5 operation.

But anyhow, I find it a little bit stressful and needing of attention to keep allocations in mind, and figuring out how much to sell at which points, yet I also find it quite a bit less stressful to attempt to accomplish this while the price is going up, rather than down.  And, many times, in either direction, I will kind of question my hesitancy, and second guess by saying to myself, "I should have... sold a little more or I should have bought a little more...  blah blah blah."    There is no real easy way to time the top, so selling small amounts along the way seems to kind of work to allow taking some advantage of corrections, inspite of continuing kind of second-guessing thoughts about I should have.. x, y or z... can be time consuming, too, when the market seems to be 24/7.. especially active times, like now, and several times in recent weeks.

[rjclarke2000]

My battery on my phone is not lasting the amount of time I am spending on here and checking the price. Lucky I am my own boss too but I still need to get on with my work!! I Just keep hodling like normal and enjoying this crazy ride.


Ok, back to my electrical work.

[soullyG]

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

[julian071]

€ 666 here we come!

[meh32123]

wtf, where are all the trains, rockets, moon and other related GIFs?

[savetherainforest]

Euro's need to join the fun and take us to $800 

They did join the fun .... each country has their own exchanges that buy from the bigger exchanges!

[Wandererfromthenorth]

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

https://www.youtube.com/watch?v=9EcjWd-O4jI&ab_channel=TechnotronicVEVO

[600watt]

wtf, where are all the trains, rockets, moon and other related GIFs?

the rockets have all left orbit. heading for moon.

[big ears]

wtf, where are all the trains, rockets, moon and other related GIFs?

The poster above you has an avatar that looks like either a rocket or a spaceship.

It's from the Galaga space ship shooting game released by Namco in 1981. There's one low resolution rocket for you.

https://s31.postimg.org/jw8ahqnm3/rocket.png