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

[Paashaas]

Maybe this bullrun will rise to around $2000 - $3000 then drops back to $1500 - $1000.

[MinermanNC]

In a sense,  this price is where its should have been (more or less) when BTC halved. Kinda just now catching up... good for the struggling miners who took a huge hit.

[Fakhoury]

just wait until the chinese wake up.. choo choo again

This has been the issue since day 1.

[spooderman]

just wait until the chinese wake up.. choo choo again

This has been the issue since day 1.

that doesn't seem like an issue to me.

and also.... "wake up"?

this is BITCOIN

no one here sleeps.

we are woke af

[Fakhoury]

just wait until the chinese wake up.. choo choo again

This has been the issue since day 1.

that doesn't seem like an issue to me.

and also.... "wake up"?

this is BITCOIN

no one here sleeps.

we are woke af

I've seen this trend more than once here, when it's like 1 - 2 A.M., the rally continues and the price continues to pick up.

So I guess it's something has to be done with Chinese or Japanese or even Americans, but I see Japanese are the rally leaders this time.

[savetherainforest]

I HAVE a boat! Two of them!

Maybe you should buy a ship

Just buy a house on a boat and then maybe a ship will come of that.
Bitcoin is not that far up to be thinking of such things.
I am still trying to make car payments here.

I'm thinking of expanding a few chain stores/boutiques of organic produce, and accepting only "THE" BTC!Tcoin!  


We need to force the hand of faith quicker!..

[yefi]

not really (for me). Unless you mean January 2013. Then I agree: it feels like the beginning of something big.

The fractal similarity between now and then hasn't gone unnoticed. I find it hard to imagine there could be such a % increase again, but I guess you can never say never with Bitcoin.

[swogerino]

just wait until the chinese wake up.. choo choo again

This has been the issue since day 1.

It does seem that they have awoke cause the price just went back to over $890 by $2.50 just in 10 minutes.
So the giant has indeed awoken and is ready to roll again.
Hop on the GO-train! It is ready to rock!

[Lionidas]

I HAVE a boat! Two of them!

Maybe you should buy a ship

Just buy a house on a boat and then maybe a ship will come of that.
Bitcoin is not that far up to be thinking of such things.
I am still trying to make car payments here.

I'm thinking of expanding a few chain stores/boutiques of organic produce, and accepting only "THE" BTC!Tcoin!  


We need to force the hand of faith quicker!..

Where in the part of the world will you be producing these bitcoins for fruit?
It better be sunny there this time of year or it will not fly mate.
I might put some of my satoshi into that business venture if it is somewhere that is summer time all hour of the year.

[the artful bodger]

not really (for me). Unless you mean January 2013. Then I agree: it feels like the beginning of something big.

The fractal similarity between now and then haven't gone unnoticed. I find it hard to imagine there could be such a % increase again, but I guess you can never say never with Bitcoin.

Another banking crisis could stimulate such a % increase again. Deutsche Bank agreed to pay the US a $7.2 billion fine today, and Italy's oldest bank's getting a bail out. Banks mirror exchanges in claiming they are solvent, then suddenly announcing they have been effectively bankrupt for years. A crisis could emerge without much warning.

[savetherainforest]

I HAVE a boat! Two of them!

Maybe you should buy a ship

Just buy a house on a boat and then maybe a ship will come of that.
Bitcoin is not that far up to be thinking of such things.
I am still trying to make car payments here.

I'm thinking of expanding a few chain stores/boutiques of organic produce, and accepting only "THE" BTC!Tcoin!  


We need to force the hand of faith quicker!..

Where in the part of the world will you be producing these bitcoins for fruit?
It better be sunny there this time of year or it will not fly mate.
I might put some of my satoshi into that business venture if it is somewhere that is summer time all hour of the year.

For now is -10 degrees Celsius outside... so sadly no tropical zone! But the organic fruits and vegetables are grown in underground green houses... so there is not relevant how much cold there is outside. But cold is good! It helps cut costs on electricity with storage. And usually when warm times come, I usually cut production and diversify to root based plants like carrots, parsley roots.. etc.. And the things that seem to go bad... I don't let them go bad.. I use the tomatoes for example to make sauce that resists 1-2 years. If you use enough peper/oregano/salt & other miracle spices you can preserve anything naturally and have a pizza sauce jar in your underground stone cellar that keeps your produce nice & at a constant temperature... because you don't want big temperature fluctuations in the environment. And to keep too much in a fridge it just costs energy. And its bad for business... and also the peel from the carrots, potatoes and other leftovers are used to make organic fertilizer that is "mOnsterSanto" chemical free!  

Also.. speaking of bad for business... I don't really like the idea of sustaining the oil industry and investing too much in constantly transporting the supply. And I usually keep the facility that produces those things nearby the stores. No more than 2-8 kilometers. You know.. here in Europe we are big fans of bikes and especially bikes with a small grocery stainless steel cart where you can fill it up with 10-15 kilograms of stuff.

But if u'r in a warm zone.. I recommend you to fill u'r home with a few pots of plants that you can grow in the indoors. Like pepper trees, bell pepper trees, lemons and all the spices and tea trees you can find. I have basil, mint, acacia trees, artichoke, oregano, parsley, green wheat, lemon/orange trees, sunflowers, pepper, ginger... all of that grown in my home!


*Edit:   As you can see I'm a bit of a green hippie nutjob that hopes one day to enslave you all to plant trees all over the world all day long for dollars on the satoshi's.  

[marcus_of_augustus]

In a sense,  this price is where its should have been (more or less) when BTC halved. Kinda just now catching up... good for the struggling miners who took a huge hit.

Yes, this is my best estimate too. Halving should be taking the mining floor cost to around $888 - $950 ... but we had a good run up before halving and somewhat afterwards so full benefits when amortised may finally give these prices ... it just takes a little more time.

And that is the mining floor price .... monetary premium  over and above mining floor can kick in with wild and unpredictable spurts at any time.

masterluc wave analysis has a target of $9588-9800, on the next monetary premium adoption growth phase for instance.

Other log-wave analyses that aren't so conservative have tops of $13k-19k on this next growth wave.

[2017Bubble]

ATH retest moonshot right now.

[r0ach]

Bitcoin, it's like looking at a picture of Steve Jobs and Bill Gates in the 80's...sort of:

[JimboToronto]

5:27 AM in China now.

[LFC_Bitcoin]

5:27 AM in China now.

Ignite those jets Jimbo, we're ready to fire her up again. Are you ready brother?

[JimboToronto]

5:27 AM in China now.

Ignite those jets Jimbo, we're ready to fire her up again. Are you ready brother?

Locked and loaded. 

[Fakhoury]

5:27 AM in China now.

Ignite those jets Jimbo, we're ready to fire her up again. Are you ready brother?

Duh, it need to be said better.

ARE YOU READYYYYYYYYYY ?!!!!!!!

[rjclarke2000]

It moves now just as I am off to bed. I am totally shattered from a long day working (and training in the gym)  and now we are back over 900.


Yes I am staring at the price once again on my phone in bed. Must......sleeeeeep.

[Fakhoury]