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

[2017Bubble]

FOMO not even started..

[rezurect]

Done for now? Flat on BTC China ?

[keithers]

I have someone trying to lay me odds on new ATH by Super Bowl Sunday. Thoughts?

[Karartma1]

This is crazy.  I feel like I should sell some coins and buy a house or something.

Just go and enjoy life bro, but careful this is not over yet.

By the way I wish to thank all of you who were here to fight against all the fudsters who came along when we were struggling around $350.

Go bitcoin go!

Feels good Inc.

[Kramerc]

https://twitter.com/whalepool/status/816698939445485568

Got $1m? I need to short btc.

:troll:

[yefi]

realistically, i think $1600, then a fall to $1000 and holding that range for at least a few months

"Realistic" expectations tend not to do too well during manias.

[Alley]

There has to be a point where the price meets a equilibrium with miners selling per day.  I'm thinking $2,000 in the short term.

[Paashaas]

18B Market Cap!

Up Up Up Up!

[GreekGeek]

is the 1000 what-ever-fiat party happening this time ?

 

[European Central Bank]

is the 1000 what-ever-fiat party happening this time ?

 

weren't the rules that it had to stay over for a full month? that's kind of a big ask but anything's possible.

[spooderman]

is the 1000 what-ever-fiat party happening this time ?

 

weren't the rules that it had to stay over for a full month? that's kind of a big ask but anything's possible.

that's pretty likely this time i believe

[HI-TEC99]

I have someone trying to lay me odds on new ATH by Super Bowl Sunday. Thoughts?

Bitstamp's high of today is only $30 short of its ATH. I wouldn't bet against a new ATH higher than the Gox ATH by Super Bowl Sunday because the odds against it are too low.

[ErisDiscordia]

is the 1000 what-ever-fiat party happening this time ?

 

It needs to stay above 1K for a month to trigger that.

[Meuh6879]

[spooderman]

any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.

[toknormal]

Hopefully what's happening now is we're leaving behind 3-figure bitcoin and the scale is getting recalibrated - just as it did when we left single digit bitcoin.

In those days, a revaluation from $2 to $8 was a huge rally.

Now we're going to be going up in $100 increments. That 2013-2016 dip will look like a minor correction in a few months.

(Hobular BTC now over $1200 as I type. No Gox).

[spooderman]

$30 left until bitstamp ATH

[soullyG]

any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.

Oh boy, not sure my head can take much more...

[lightfoot]

Ya if you keep your fixed BTC rate your customers will go pay cash somewhere else.... cheaper than the fixed rate in BTC. Somewhere along the line you do need to compensate for your rates when BTC was low and you took the hit. I would reward myself a little extra for as long as you can, after all, the miners you maintain would not benefit the owners if they were not running  

Well, this is true to an extent: Technically the skills needed to fix these things are limited and as the value of bitcoin rises the value of repairing a miner rises as well. That was the logic I used to not raise prices when it was at $300; the miners were worth "less" therefore I should not charge the same amount in dollars since I'm trying to work the concept of value into bitcoin.

That said when it hit 900 I started decreasing my prices to compensate for the "new normal" instead of $600. I could re-price again at $1200, but at some point the constant re-framing of prices becomes a bit of a pain.

Thus it would be nice for bitcoin to stick at a price for awhile. :-)

C

[rolling]

New ATH on BTCe