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

[Chef Ramsay]

We're officially dead. Don't post anymore. Your dreams of riches are on ice for further notice.

Nope, we goin up yall.

[unknown04]

looks like ure on the $770 $780 range.... and its been trading at this rate for like 2 weeks? I guess it's time to get some more bitcoin... what u guys think?

[DaRude]

My spidey senses are tingling, and weekend is upon us 

[ssmc2]

China says UP

[JayJuanGee]

800 must be some  magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

Every number seems to be magical for dee torque. Go figure!!!

Can't wait for dee torque's reaction when  we are passing quickly thru $1,234.56.   .

[JayJuanGee]

looks like ure on the $770 $780 range.... and its been trading at this rate for like 2 weeks? I guess it's time to get some more bitcoin... what u guys think?

Weren't the small dips of the past couple of weeks sufficient to pick up a little bit more?

For me, when the btc price is flat for a couple of weeks I can make little adjustments to my holdings allocations to help me feel a bit more comfortable, so currently I am at about 93.2% btc. A couple of weeks ago I was at 92.8% btc. I feel a little better now, but I'm thinking 92.8% btc would have been ok, too. Anywhere 90% to 95% btc would be ok within my current thinking and personal preferences.

[bitebits]

800 must be some magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

Perhaps this? Vinny Lingham: If We Hit 800, We’ll Go Straight to 900

[podyx]

800 must be some magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

Should be small resistance at 830-850 but with the build up behind us and the very limited supply and also having already broken key resistance at 780, it should be very minor.

I think the start of 2017 will have very nice price development.

[Karartma1]

Hold on to your butts.

I've said it already but it needs to be said again: this really feels like 2013 right now. But this time is for real. There is no mt.gox to lead the way: trading is happening everywhere at every level.

Hold on to your butts and... HOLD onto your bitcoins likewise.

[brokedummy]

I'm holding my coins because I don't even know where I would sell them now that IRS is looking at coinbase.

[LFC_Bitcoin]

I have a feeling we'll break through $800 this weekend, no idea why & no technical analysis behind it. Just a gut feeling.

[luckygenough56]

let's have a party weekend

[K~Ehleyr]

I have a feeling we'll break through $800 this weekend, no idea why & no technical analysis behind it. Just a gut feeling.

I hope you're right!  I got bitten by FOMO in the middle of the night and went on a shopping spree at Kraken 

[Torque]

800 must be some  magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

Every number seems to be magical for dee torque. Go figure!!!

Can't wait for dee torque's reaction when  we are passing quickly thru $1,234.56.   .

And then settling back on $1199.9999.   

[soullyG]

800 must be some  magical fkn number, because it is so obvious that the price is being held below that until the new year comes.

What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.

Every number seems to be magical for dee torque. Go figure!!!

Can't wait for dee torque's reaction when  we are passing quickly thru $1,234.56.   .

And then settling back on $1199.9999.   

We'll have plenty of opportunity to stall at $888.888 and $999.999 too 

[abstract1]

I'm holding my coins because I don't even know where I would sell them now that IRS is looking at coinbase.

This might be a dumb question, but can the IRS go after people who bought coins from coinbase or can they only target people who sold to coinbase?

In other words I've only bought from coinbase and transferred to my wallet, I haven't sold there, so they can't assume I have something to pay capital gains on yet?

[European Central Bank]

I'm holding my coins because I don't even know where I would sell them now that IRS is looking at coinbase.

pay the tax and be happy? that sounds like a lot less work than spending the rest of your life sitting on paper gains or meeting weirdos and swapping cash in piss stained alleyways.

[JimboToronto]

Good morning BTCland.

Still more "lateral rise"... $786USD at Bitcoinaverage.

Waiting, waiting, waiting.

Yawn.

I'm holding my coins because I don't even know where I would sell them now that IRS is looking at coinbase.

I assume you're in the USA. Don't you have a BTC ATM somewhere nearby with reasonable rates? In Toronto there are dozens of ATMs some with buy/sell rates as low as 1%.

Even if you live in an outlying area, I'd think you'd make fairly regular trips to a larger city with at least one ATM.

[virasog]

I should have bought the dip.... So much missed $$$$. So much regret 
Ahh, the life of a trader is hard. (unless you hit it big and retire)

Just don't trade bitcoin right now. The best thing to do is to go long or take a long positional buy call and see for yourself how bitcoin price is going to break all the key resistance levels in 2017.

Everything is set for a massive bitcoin price surge.

[Ibian]

I'm holding my coins because I don't even know where I would sell them now that IRS is looking at coinbase.

Sell them to et moi. Well depending on volume, but if price and amount is right, we can work something out.