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

[starmman]

Top, double top, triple top, quadruple top... perhaps the realization will come that this may not be a top at all...

Hopefully fireworks this weekend...got my popcorn ready 

Haha, and I hope they are bear fireworks, this sustained price level has left my Alt to BTC balance a little too skewed towards Alts.

[unknown04]

$760 by this weekend maybe? I would go to some pub and celebrate with a few drinks if yes...

[LFC_Bitcoin]

$760 by this weekend maybe? I would go to some pub and celebrate with a few drinks if yes...

Celebrate at $760? Meh it'd be going in the right direction but wake me up when we break through $800.

[unknown04]

$760 by this weekend maybe? I would go to some pub and celebrate with a few drinks if yes...

Celebrate at $760? Meh it'd be going in the right direction but wake me up when we break through $800.

nah, just a small one.... we been staying around 730-740 for quite a while... $800 would be sweet but needs longer time I think...

[kurious]

No real volume to suggest it - but if not this time... maybe it just won't do it until the news is better, which doesn't look like coming soon.

I have my fingers crossed for this weekend, but on current form?

[Ted E. Bare]

I need $800's before the new year in my life.

[savetherainforest]

No real volume to suggest it - but if not this time... maybe it just won't do it until the news is better, which doesn't look like coming soon.

I have my fingers crossed for this weekend, but on current form?

When there is almost no volume but has this force of "blunt force trauma" impact... Well... this is the stuff of unicorns & rainbows!  

Expect little resistance!    ... the bulldozer is passing trough! 

[rjclarke2000]

Saturday is my birthday. $800 would be something nice to wake up to. Happy birthday me.


Edit. That sounds like I have quite a lonely existence. This is not true, I am married and have a son so I won't be alone!

[Paashaas]

I need $800's before the new year in my life.

Thats a done deal, we''ll be seeing $850-$950 before x-mass, correction back to sub $800-$750. Then somewhere in 2017 we will blast 2 flys in one sweep; ATH and the gold price. Destroying the gold price is a major psychological barrier that will trigger mass-hysteria.

Saturday is my birthday. $800 would be something nice to wake up to. Happy birthday me.

Edit. That sounds like I have quite a lonely existence. This is not true, I am married and have a son so I won't be alone!

If i dont see you this weekend...

[kurious]

Even Stamp has broken 750, volume seems bullish.

Maybe this time, then?

[Kramerc]

Top, double top, triple top, quadruple top... perhaps the realization will come that this may not be a top at all...

I wouldn't bet too much on that realization happening. I see plenty of people here being caught "unprepared", waiting to "buy the dip", even though there's been countless dips since the beginning of november. Oh well, someone must be chasing once the market gets going, can't have it any other way.

[Fakhoury]

Saturday is my birthday. $800 would be something nice to wake up to. Happy birthday me.


Edit. That sounds like I have quite a lonely existence. This is not true, I am married and have a son so I won't be alone!

[jbreher]

We're gonna need a bigger chart. - Captain Quint.

Shouldn't that be Captain Quant? XD




(feel free to chew on it a bit before answering...)

[podyx]

$8k in 3 months.

[Hunyadi]

$8k in 3 months.

That would be something  Timing looks to be ok, but  $8k is kind of high.

[JimboToronto]

Good morning Bitcoinland.

I see we had a wee rise overnight... currently about $757USD/$1012CAD according to Bitcoinaverge.

do you consider +1000 CAD per bitcoin good or bad news, from a personal perspective?

You often mention you are accumulating, so you want the CAD price to be as low as possible. Correct?
Or do you simply convert all your savings into bitcoins, no matter the CAD price? Any particular number you are aiming for?

Really, $1000CAD is no big thing, just an arbitrary number. I did however use CAD to buy my bitcoins, so there's double satisfaction in having earned from Bitcoin's rise and also from having used it as a safe haven from the loonie's decline.

While some accumulators desire as low a price for as long as possible to keep accumulating as cheaply as possible, I'm happy to see the price continuing generally upward as long as I get fairly regular buying opportunities in the form of short-lived dips.

If I need to buy some dollars for an emergency, I'm pretty much guaranteed to turn a profit.

I don't convert my sayings into bitcoins. My Bitcoin holdings are my savings, more like a pension fund for my old age. When a buying opportunity occurs, I add as many bitcoins as I can afford without crimping my operating cash.

A target number? I've thought that when (if?) it reaches $10k per coin, I'll spend what I need to buy back all the dollars I've spent on Bitcoins. Currently, that's between 4 and 5 coins.

[luckygenough56]

150k per coin soon

[Chainsaw]

$8k in 3 months.

I predict the peak will be $8,888, but my timerange is less precise; 2-8 months.

[Temp_JayJuanGee]

Good morning Bitcoinland.

I see we had a wee rise overnight... currently about $757USD/$1012CAD according to Bitcoinaverge.

do you consider +1000 CAD per bit[Suspicious link removed]d or bad news, from a personal perspective?

You often mention you are accumulating, so you want the CAD price to be as low as possible. Correct?
Or do you simply convert all your savings into bitcoins, no matter the CAD price? Any particular number you are aiming for?

Really, $1000CAD is no big thing, just an arbitrary number. I did however use CAD to buy my bitcoins, so there's double satisfaction in having earned from Bitcoin's rise and also from having used it as a safe haven from the loonie's decline.

While some accumulators desire as low a price for as long as possible to keep accumulating as cheaply as possible, I'm happy to see the price continuing generally upward as long as I get fairly regular buying opportunities in the form of short-lived dips.

If I need to buy some dollars for an emergency, I'm pretty much guaranteed to turn a profit.

I don't convert my sayings into bitcoins. My Bitcoin holdings are my savings, more like a pension fund for my old age. When a buying opportunity occurs, I add as many bitcoins as I can afford without crimping my operating cash.

A target number? I've thought that when (if?) it reaches $10k per coin, I'll spend what I need to buy back all the dollars I've spent on Bitcoins. Currently, that's between 4 and 5 coins.

In recent times, I have been making various attempts to avoid disclosing too many specifics regarding exactly how many coins that I hold, but surely, there is some information out there in which you could get ball park ideas.

Based on this post, and your earlier posts about your average cost per coin, here is my approximate estimate regarding the number of coins that you own.


Approximate amount invested:  4.53 x $750 = $3,400

Based on my foggy memory - estimated average cost per coin:  $150

Approximate current number of coins held:   $3400 / $150 = 22.67  ( 1/one millionth of the total BTC supply)

[kurious]

Steady on - we're only a shade above 750 after the nth attempt.

Even reaching the ATH in December would be pretty amazing - many 1000's (or tens of thousands?) MOAR sounds scarily bullish.

That's not usually a good sign here!

Fingers well and truly crossed, but really...?