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

[Dotto]

580? 500? 300? This place is turning into a bear orgy-festival. Bullish

[Elwar]

Bitcoin volatility down to 3%. GBP up to 2.65%.

The longer the price is stable, the bigger the jump. Last time it went under 1% the price almost doubled within a month.

Stability fuels the rocket!

[JayJuanGee]

I'm betting down to somewhere around 420$ USD in the short term.  I think she'll be vigorously defended there and then rise to ATH in a long and steep bull run.

From where are you getting these figures, from out of your ass?

That is a pretty low amount, and didn't you already notice that $600 had been tested several times in the past month, and only successful once.. Sure it is possible to go down to $420, but that would almost be borderline territory in reversing the bull trend... but that is not what you are saying.  In the end, we gotta get by $500 first and even $550 and $600, so there are a few challenges before even getting to the $400s.

[JayJuanGee]

Well, that's fair enough, and maybe even practical; however, you still did not answer my main question, and that is how do you deal with situations in which you are not correct, especially if you are trading 100% of your BTC holdings on these kinds of price swings (Note: you admitted that you are not always correct).

There's no way I could bet with 100% without panicking and screwing up. Also, just to have 100% on an exchange would have me pulling my hair out in anxiety.

I have my doubts that talkingleaves is really trading 100% of his BTC holdings as he claims, and whatever he is supposedly doing, he is not being very forthright about it (and i doubt that there is any kind of proprietary issues here.. it is called, "talking out of your ass" - that's what big baller trolls do when they are trying to influence opinion, spread FUCD and distract from meaningful real world discussions).. .

[hv_]

Bitcoin volatility down to 3%. GBP up to 2.65%.

The longer the price is stable, the bigger the jump. Last time it went under 1% the price almost doubled within a month.

Stability fuels the rocket!

Fee volatility up 100%

E mails and whatsup still fee free....

[Tzupy]

635 is coming

one last good drop before we continue on moving forward

thats my wish.

Careful what you wish for, Adam... A drop to 635$ would trigger a bearish PSAR flip not only on 1d but also on 1w, so...

[JimboToronto]

Good morning Bitcoinland.

It seems even if I miss a day or two, the price remains pretty much unchanged.



Ennui.

[Coinnosaurus]

Good news, seems we are going to break 700 within few days .

[elite3000]

Good news, seems we are going to break 700 within few days .

Nope, we are only going back to $666, and will stay there for far more than a few days. Wait and see

[BlindMayorBitcorn]

I just started my first (non-mining) full node. I'm no longer part of the problem. 

[Elwar]

Good news, seems we are going to break 700 within few days .

Nope, we are only going back to $666, and will stay there for far more than a few days. Wait and see

Very likely.

I believe it will take a lot to get out of the $666 range. But the longer it stays in that range the faster it will go up. Beyond $700 there's no safe price like $420 and $666.

[Tzupy]

This little pump triggered the 6h PSAR flip to bullish, on BFX and OKCoin, so chances for a crash next days are low.

[ImI]

looks like while everyone seems busy watching the forking drama on the other side of the cryptoplanet btc decided to creep up a little

[podyx]

You just sit tight and watch the hidden dynamics of the halving unfold...

This beast taking off in approximately 10 days.

[Fatman3001]

You just sit tight and watch the hidden dynamics of the halving unfold...

This beast taking off in approximately 10 days.

It will have to. Or else those bfx longs are going to bail

[savetherainforest]

You just sit tight and watch the hidden dynamics of the halving unfold...

This beast taking off in approximately 10 days.

In 4-5 hours it will set that 666$ number for the history books on the charts... Then it will do something stupid and jump $50+ in a short amount of time.

[Fakhoury]

http://forklog.net/exante-winklevoss-brothers-etf-to-skyrocket-bitcoin-price/

"if the Winklevoss’ application is approved, the bitcoin price can easily rise to 2 and even to 10 thousand dollars."

Good point, Elwar, as I was asking myself, will the COIN ETF ever get approved ?

I think yes, but it's not around the corner.

What you think ? If no, why ? If yes, will take some time, right ?

Thanks buddy

ETF is bullshit (not bullish). winklewees are ever failing wannabes burning through daddy money.

trading paper coins will certainly not lead btc price higher.

just look at how gold ETFs are used to lower its price, flooding the market with their monkey gold.

Elwar, what do you think about what hdbuck said ?

And yes, I'm aware of that second ETF filled by SoildX.

You said that the winkies are impatient now, how will this help in accelarating the decision taking ?

Plus, don't you think it's too soon to see that the COIN ETF will launch before the end of the year ?

Lastly, do you think we could have two Bitcoin ETF's in two diffierent stock exchanges ? Probable ?

[Torque]

TO THE MODS:

If I went through this thread alone and flagged/culled every single post that wasn't "on topic" according to your supposed rules, this entire thread would need to reduce its post count by about 75-80%.

In fact the same could be said for the entire Speculation sub forum.  Yet those posts and threads remain.

But I guess this doesn't matter, eh?

EDIT:
For example, why is this thread still even here?
https://bitcointalk.org/index.php?topic=1563375.0

[dumbfbrankings]

I just started my first (non-mining) full node. I'm no longer part of the problem. 

Well, you're still part of the problem, just a little less hypocritical now.

Run with    -minrelaytxfee=<amt>  or edit your .conf. Use 0.0005 for <amt> to only relay tx with 50 sat/byte fees. 

Then, you will at least be feel like you're making things a little tougher for those poors who conspire to spam our chain with their silly transactions. Don't make the mistaik of giving them succor, make them suffer.

[BlindMayorBitcorn]

A little less hypocritical is exactly what I was going for.