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

[BitUsher]

$254.90 on Stamp. The bears are out in force by the looks of it, I'm feeling pretty negative at the moment, still going to HODL as usual obviously, I understand bitcoin is a long term investment but this XT bull shit with Hearn & Gavin is causing the price to tank imo. Weak hands are panicking & getting out

This price dip is nothing compared to the crash that would happen sometime next year when Core Dev allows the 1MB to cripple legitimate user tx throughput.

Wonderful prediction by the BU , Classic and XT crowd. 6+ months of "full blocks" and the price has been steadily appreciating and no "tx fee death spiral"

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[savetherainforest]

BEAR TRAP!!! @#%! ... TAKE COVER!!!

Minor correction. We did go up awfully fast.

No big thing.

... I sometimes feel that 70% of the nuttjob traders pay attention to this forum and take their decision on our sociopath non-involvement decisions... Constantly refreshing their browser for new posts, especially on the harsh rushed actions or swings in the markets.  

[JimboToronto]

I gotta say I liked the old version better.

Me too. It was far less cluttered and required fewer clicks to get the view I wanted.

[rokkyroad]

"You've got to know when to hold 'em, know when to fold 'em,"

All I know is bitcoin experiences great pumps and spectacular dumps. I would be surprised if this was not the case this time.

I can picture all those who held coins from the epic pump of 2013 waiting for ROI. Fingers resting on triggers.

All it takes is for some of the big boys to pull triggers and all hell breaks loose.

Sorry to put a damper on the Holiday joy but we need to be realistic. We are on thin ice.

Hope I'm wrong and bitcoin keeps surging ahead.

[European Central Bank]

fomo affects holders just as much as short term buyers and sellers. if you'd been sitting for three years to make bank then you're gonna be a hardened believer by now.

[JimboToronto]

Awesome oldie thread:   I'm All In - Sold My House!  

This guy made the huge gamble, sweated thru thick and thin and now he's killin it!

Too bad that thread seems locked. At this time it's become very relevant again.

At today's price his coins are worth over $820kCAD, more than twice what he paid for them.

I seem to recall he posted within the last year or so that he didn't falter when the price tanked and continued to hold tight.

Not bad for someone in his mid-20s. Good job kid. Hodl FTW.

[Ibian]

"You've got to know when to hold 'em, know when to fold 'em,"

All I know is bitcoin experiences great pumps and spectacular dumps. I would be surprised if this was not the case this time.

I can picture all those who held coins from the epic pump of 2013 waiting for ROI. Fingers resting on triggers.

All it takes is for some of the big boys to pull triggers and all hell breaks loose.

Sorry to put a damper on the Holiday joy but we need to be realistic. We are on thin ice.

Hope I'm wrong and bitcoin keeps surging ahead.

I sure as fuck hope there will be a huge dump. I haven't bought back any of what I have sold yet, and low prices are better for my business in terms of btc earnings.

But there won't.

And what's with the empty space at the end of your post anyway? Deleting that shit, it's stupid.

[rokkyroad]

"You've got to know when to hold 'em, know when to fold 'em,"

All I know is bitcoin experiences great pumps and spectacular dumps. I would be surprised if this was not the case this time.

I can picture all those who held coins from the epic pump of 2013 waiting for ROI. Fingers resting on triggers.

All it takes is for some of the big boys to pull triggers and all hell breaks loose.

Sorry to put a damper on the Holiday joy but we need to be realistic. We are on thin ice.

Hope I'm wrong and bitcoin keeps surging ahead.

I sure as fuck hope there will be a huge dump. I haven't bought back any of what I have sold yet, and low prices are better for my business in terms of btc earnings.

But there won't.

And what's with the empty space at the end of your post anyway? Deleting that shit, it's stupid.

I have no idea what you are talking about.

[notme]

"You've got to know when to hold 'em, know when to fold 'em,"

All I know is bitcoin experiences great pumps and spectacular dumps. I would be surprised if this was not the case this time.

I can picture all those who held coins from the epic pump of 2013 waiting for ROI. Fingers resting on triggers.

All it takes is for some of the big boys to pull triggers and all hell breaks loose.

Sorry to put a damper on the Holiday joy but we need to be realistic. We are on thin ice.

Hope I'm wrong and bitcoin keeps surging ahead.

Hey look, I hit quote and didn't delete the 6 line breaks after your text.

[JayJuanGee]

I'm thinking the powers that be wants to see the price over 1k before years end. Would make awesome headlines.

There are no powers that be in bitcoin...

There are some people who want the price to go up, and there are others who want the price to go down, and those that who want the price to go up are winning, at the moment... and some of us benefit from that momentum (and winning)

The biggest players keep getting more coins. And they are controlling the market.

I don't know about that... where's your evidence?

Sure, there are always ways for the rich to get richer, but there are also ways for smaller players to attempt to profit from the whole situation (including this most recent price rise if they had enough foresight to hang onto a large majority of their coins and/or engage in other wealth preservation and/or accumulation strategies). 

[JayJuanGee]

"You've got to know when to hold 'em, know when to fold 'em,"

All I know is bitcoin experiences great pumps and spectacular dumps. I would be surprised if this was not the case this time.

I can picture all those who held coins from the epic pump of 2013 waiting for ROI. Fingers resting on triggers.

All it takes is for some of the big boys to pull triggers and all hell breaks loose.

Sorry to put a damper on the Holiday joy but we need to be realistic. We are on thin ice.

Hope I'm wrong and bitcoin keeps surging ahead.

Sure a dump can happen anytime, yet your fictional description of some folks waiting for 3 years to get into the green is nearly pure fictional and based on some outlier case(s). 

In other words, bitcoin is in a very good position right now, even though there has been about a 3 month pump with more erratic upward behavior in the past week...   In any event, currently, we seem to have very decent price pressures to both break through $1k and likely to be able to test the ATH.. or at least come within reach of it in the coming week or two.

[orpington]

$254.90 on Stamp. The bears are out in force by the looks of it, I'm feeling pretty negative at the moment, still going to HODL as usual obviously, I understand bitcoin is a long term investment but this XT bull shit with Hearn & Gavin is causing the price to tank imo. Weak hands are panicking & getting out

This price dip is nothing compared to the crash that would happen sometime next year when Core Dev allows the 1MB to cripple legitimate user tx throughput.

Wonderful prediction by the BU , Classic and XT crowd. 6+ months of "full blocks" and the price has been steadily appreciating and no "tx fee death spiral"

haha, yeah I remember those guys.

The sky is falling! lol

[jbreher]

I'm reading all these posts to my wife and explaining what's happening. Guess what? She's shows no interest as usual just like the general public.

I suppose she is sick of listening to it all from me for the past few years.

My wife's reply: "It's all monopoly money to me".

[rjclarke2000]

I'm reading all these posts to my wife and explaining what's happening. Guess what? She's shows no interest as usual just like the general public.

I suppose she is sick of listening to it all from me for the past few years.

My wife's reply: "It's all monopoly money to me".

I want to keep it all quiet but I can't help it. It's either I tell her all about it or she'll think I am having an affair the amount I check my phone. The battery doesn't last long during pumps.

[2017Bubble]

[yefi]

I can picture all those who held coins from the epic pump of 2013 waiting for ROI. Fingers resting on triggers.

Can you, because I can't? How many of these strange and incredible people who defy normal human psychology do you envisage?

[brokedummy]

Haven't sold a single satoshi on the way up this time. Feels good to gamble all in btc and win each day.

[notme]

I can picture all those who held coins from the epic pump of 2013 waiting for ROI. Fingers resting on triggers.

Can you, because I can't? How many of these strange and incredible people who defy normal human psychology do you envisage?

Counting today, 5 of the top 20 days in bitcoin history for BTCUSD price have been the past 5 days.  Only 8 days have been higher than current prices.  It doesn't seem like there would be a large group of people who bought on those 8 days and decided to wait 3 years to see if bitcoin could recover.

[Fakhoury]

We are on the move !!!

[boyshx]

BTC in Huobi @ 980 got me liiiiiving