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

[AlexGR]

What's going on?

It's called a 2.5% profit opportunity.

Buy there, sell at 665.99

Told you to wait, but nooo... You knew better.

It did go from 648 to 656 (rebounding 8$) - stopping midway to 666.

In any case, all these are tiny moves. The power of 666 is strong

[Karpeles]

Why so much talk about a price collapse?

Price is in the same level than last time I checked, above 650. Hopefully will get back to 666 next week

650 is history mate

Yes just when I commented a mini red dildo appeared in hte graphics and now price is 649.26.

But the line still is holding...

[BlindMayorBitcorn]

[adamstgBit]

wtf happend to the ask wall?

come back ask wall we aren't done with you yet.

[respawn2]

wtf happend to the ask wall?

come back ask wall we aren't done with you yet.

I was looking up some fish in Wikipedia, ran across this picture, and thought it was fitting:

[BlindMayorBitcorn]

You know the expression, teach a man to fish, then throw him in the river.

[Karpeles]

Come on, we are in the best moment of Bitcoin story. Don't let it fall below $640, hold the line, hold tight until the victory is ours and 650 will be the past for all eternity

[Fatman3001]

It looks promising indeed but I think there'll be too much optimism and excitement from other people who reached it. Most of the places I like going the people there ask 'why the fuck did you come here?' but I'll put my affairs in order and give it a try.

Yah, Svalbard is more cool than quirky.

[dumbfbrankings]

You mean, everything's fine?

Is the solution still r3kt?

Yes? Good, this is fine.


Bow down before the one you serve. Y...

[DaRude]

Need to shed about $10MM in those pesky longs, who went full retard for the halfening before we can resume uptrend

[JayJuanGee]

rekt

Which part is rekt?   I understand that you have a tendency to get stuck on  short term price movements, and all of us should be ready for the possibility of $610 and even sub $610, but it is likely going to take quite a few coins to get there, if it does.  Further, you recall that in the past nearly two months, we have only revisited sub $600 for about 24 hours, and recall how many coins it took to get to $540 for short moments... We could get there again, but it seems to me that it is going to take a lot of coins, and I question whether bears have enough coins to dump and if they can be successful.. with the ongoing upwards price pressures.

[JayJuanGee]

Need to shed about $10MM in those pesky longs, who went full retard for the halfening before we can resume uptrend

How far down will BTC prices have to go in order to achieve such an objective?  will $610 do it, or do we need to go below $580 in order to shed that quantity of longs?

[BlindMayorBitcorn]

You mean, everything's fine?

Is the solution still r3kt?

Yes? Good, this is fine.

Bow down before the one you serve. Y...

I wouldn't know. I don't discuss altcoins.
 

[ImI]

rekt

Which part is rekt?   I understand that you have a tendency to get stuck on  short term price movements, and all of us should be ready for the possibility of $610 and even sub $610, but it is likely going to take quite a few coins to get there, if it does.  Further, you recall that in the past nearly two months, we have only revisited sub $600 for about 24 hours, and recall how many coins it took to get to $540 for short moments... We could get there again, but it seems to me that it is going to take a lot of coins, and I question whether bears have enough coins to dump and if they can be successful.. with the ongoing upwards price pressures.

i agree. the thing is we are missing a clear positive outlook, an event that a rally could potentially build upon. halvening? gone. brexit? gone. so all thats left is the still lurking debate about blocksize and thats it. but on the other hand the 3d chart looks still quite excellent...

[dumbfbrankings]

You mean, everything's fine?

Is the solution still r3kt?

Yes? Good, this is fine.

Bow down before the one you serve. Y...

I wouldn't know. I don't discuss altcoins.
 

Or... you are, and just don't know it, yet.

Wouldn't that be poetic?

[AlexGR]

rekt

Which part is rekt?   I understand that you have a tendency to get stuck on  short term price movements, and all of us should be ready for the possibility of $610 and even sub $610, but it is likely going to take quite a few coins to get there, if it does.  Further, you recall that in the past nearly two months, we have only revisited sub $600 for about 24 hours, and recall how many coins it took to get to $540 for short moments... We could get there again, but it seems to me that it is going to take a lot of coins, and I question whether bears have enough coins to dump and if they can be successful.. with the ongoing upwards price pressures.

i agree. the thing is we are missing a clear positive outlook, an event that a rally could potentially build upon. halvening? gone. brexit? gone. so all thats left is the still lurking debate about blocksize and thats it. but on the other hand the 3d chart looks still quite excellent...

The halvening is gone but the reduced coin supply remains. A year from now, we'll have -650k coins fewer than we'd have without the halvening. So...

[nanobtc]

Congrats, Elwar. I am unable to generate the intestinal fortitude to do that (also wouldn't have a place to stay while waiting for moon).  Not to turn this into a real estate discussion, but for that approximate money in the Midwest USA, you could have a 4 bedroom/3 bath on 5 acres, that was about 30 years old. While both would be nice, I'd rather have BTC.

[respawn2]

You know the expression, teach a man to fish, then throw him in the river.

Diner; 50-something waitress. Doesn't like you, you look like a college kid.
Order, get coffee while you wait. Get sugar/cream squared/finally cool enough to drink. "Freshen your coffee?" (pours without waiting).
She knows, just fucking with you.
Clink! from the kitchen window (that's your food).
Clank! plate on the table, some orange stuff spills. This is choreography, setup for the rancid bar rag ... with which she returns after about 3 minutes, just when you thought it's safe.

Picks up plate (you started eating)., "Here, let me get that for you!" smears spilled orange crap around the table, drops plate back.
You start eating, feel owned.
~3 minutes pass~
She reaches around you from behind, presses old lady boob into your shoulder, pours more orange crap onto your plate from stainless steel gravy boat. "Everything good?"  (you nod)



"Bon appetit!"

A year from now, we'll have -650k coins fewer than we'd have without the halvening. So...

A year from now, you'll see 1,800 * 365 = 657,000 BTC *MORE*

[BlindMayorBitcorn]

You mean, everything's fine?

Is the solution still r3kt?

Yes? Good, this is fine.

Bow down before the one you serve. Y...

I wouldn't know. I don't discuss altcoins.
 

Or... you are, and just don't know it, yet.

Wouldn't that be poetic?

Like a patient etherized upon a table.

[adamstgBit]

A year from now, we'll have -650k coins fewer than we'd have without the halvening. So...

A year from now, you'll see 1,800 * 365 = 657,000 BTC *MORE*

500million dollars of value?

better make it 5billion...  

we MUST move UP!