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

[Karartma1]

I remember buying my last bitcoins back in Aug.2014 around $520 and being told that I was fu***** dumbass. Oh well glad I was then

Hold onto your butts and...

Happy Holidays everybody

[kurious]

Huobi 30 bucks ahead.  But then it ain't Christmas there....

Western exchanges can't have a lot of fiat coming in right now.

[Cassius]

Huobi 30 bucks ahead.  But then it ain't Christmas there....

Western exchanges can't have a lot of fiat coming in right now.

I'm thinking the West will see some selling for that reason. Once the banks wake after Christmas it could get interesting.

[LFC_Bitcoin]

BBC has noticed btc's recent rise:

http://www.bbc.co.uk/news/technology-38415066

Great news (in the news )

This is exactly what we need to get more people flowing into bitcoin, mainstream exposure.

[ErisDiscordia]

Xmas correction to 860$ and then rocket goes to moon?

[Denker]

I remember buying my last bitcoins back in Aug.2014 around $520 and being told that I was fu***** dumbass. Oh well glad I was then

Hold onto your butts and...

Happy Holidays everybody

A few more years and you will think back how glad and lucky you were to be able to get coins so incredibly cheap!!
Be patient, hodl strong and you will get rewarded!!
It's like making it the Buffett way!!Buy and hold!

[Denker]

Xmas correction to 860$ and then rocket goes to moon?

Maybe, maybe not!
But it's good we see some correction after the last few crazy days.
Overheating never had been good as we know from the last years.
The whole year we've seen nice and healthy growth.
I would like to continue it that way!Less scary for people who be interested to get into for their first time!

[r0ach]

I keep thinking about transferring a chunk of my retirement funds into Bitcoin.

This is the type of stuff you read right before a blow off top involving collapse of financial institutions.

[edgar]

888.000

[doc12]

Correction to 830 ?

[Chevas Regal]

Correction to 830 ?

from where you guys are matching the rates, i find it 878$ on preev , even on tradingview the rates are similar??

[aamarket]

I like this site https://cryptowat.ch/ it seems quite filled with info. For exchange - this new one seems nice : https://lykke.com/exchange.php

[practicaldreamer]

I keep thinking about transferring a chunk of my retirement funds into Bitcoin. Would be a good investment, especially with the recent currency manipulation being done by govts.

BTC is still high risk - divert funds accordingly.

The disadvantage of investing pension money (Self Invested Personal Pension) in an ETF, for eg., is that it puts the funds on the Govt. radar.
Whats wrong with putting funds into a cold wallet ?
Or is this what you were meaning ?

[Ibian]

Xmas correction to 860$ and then rocket goes to moon?

Maybe, maybe not!
But it's good we see some correction after the last few crazy days.
Overheating never had been good as we know from the last years.
The whole year we've seen nice and healthy growth.
I would like to continue it that way!Less scary for people who be interested to get into for their first time!

Yeah, more suckers to fleece on the next epic dump.

[Heutenamos]

I like this site https://cryptowat.ch/ it seems quite filled with info. For exchange - this new one seems nice : https://lykke.com/exchange.php

spammer

[lightfoot]

I keep thinking about transferring a chunk of my retirement funds into Bitcoin. Would be a good investment, especially with the recent currency manipulation being done by govts.

BTC is still high risk - divert funds accordingly.

The disadvantage of investing pension money (Self Invested Personal Pension) in an ETF, for eg., is that it puts the funds on the Govt. radar.
Whats wrong with putting funds into a cold wallet ?
Or is this what you were meaning ?

That is the big problem: For a retirement account to accumulate tax free it typically has to be specific funds at a brokerage. And the magic, GOD STRAIGHT truth applies in that case:

If you don't own the keys to your bitcoins
YOU DO NOT OWN BITCOINS!

Likewise there's nothing preventing a future govt from screwing you if they own the keys (this not happen? Hell, in the Phillipines you now have authorized death squads. Things can get weird). Likewise moving the money out of the current 401k/IRA's would hit me with a 30%-40% penalty.

Things can get really weird when weird people get into power and the people want weirdmageddon.

C

[zoinky]

Dips being aggressively accumulated. Have a feeling the weekly wants to close under 920, so that's a hard trailing stop for anyone doing one of those greedy scalps. I highly doubt next week's lower wick will be in this week's candle much, so buy any dip and get ready to break $1000.

[Fakhoury]

Dips being aggressively accumulated. Have a feeling the weekly wants to close under 920, so that's a hard trailing stop for anyone doing one of those greedy scalps. I highly doubt next week's lower wick will be in this week's candle much, so buy any dip and get ready to break $1000.

You mean $1,000 will be broke before the new year ?

[klondike_bar]

i see it bouncing between $880-925 for a few days, before blowing past the $1000 mark to burn all the shorters hard again

falling under $850  could put the rally on hold for a few months of slow growth again

[klondike_bar]

Dips being aggressively accumulated. Have a feeling the weekly wants to close under 920, so that's a hard trailing stop for anyone doing one of those greedy scalps. I highly doubt next week's lower wick will be in this week's candle much, so buy any dip and get ready to break $1000.

You mean $1,000 will be broke before the new year ?

i think $1000 will come within 24hrs of it crossing $940. but its hard to predict how long it takes to move past the current 880-920 range. maybe 3-4 days, maybe we sit here for a week or two