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

[rjclarke2000]

I'm playing the long game here. 7-8 years and see where we are at. Until then, ride this roller coaster.

[Hunyadi]

once we have the COIN ETF, I know a substantial portion of my 401k will funnel to it.

This makes sense. The investment horizon is long and bitcoin's price should be a lot more expensive than now or zero  Everyone who has 401k should allocate like 0.1% to COIN ETF 

[boyshx]

It looks like the market was moving faster than I calculated and already completed A and we are now in B, possibly already after the top of it.
If the B scenario will become true, I expect to go sideways for the next 4 - 7 days, and then correct 30%, to about 660$ on western exchanges.

well, so far it's been going sideways for two days since you posted this.

[LFC_Bitcoin]

I'm playing the long game here. 7-8 years and see where we are at. Until then, ride this roller coaster.

I sold a few over Xmas but only a small % in relation to my cold storage stash. I'm happy to wait at least another 5 years too now.

Ride that rollercoaster.

[Meuh6879]

Whatever a solution would be nice.

point a gun on the farm miners ... nodes are not the problem, here.
55.3 % are SEGWIT ACTIVATED.

[Torque]

once we have the COIN ETF, I know a substantial portion of my 401k will funnel to it.

This makes sense. The investment horizon is long and bitcoin's price should be a lot more expensive than now or zero   Everyone who has 401k should allocate like 0.1% to COIN ETF  

The majority of 401k holders in the U.S. cannot do this, as they have corporate managed plans. The 401(k) vendor (mutual fund firms, brokerage houses or insurance companies) controls the investment options available in the plan, which are all actively managed funds. This is by design, as these funds charge significantly higher management fees.

The holders will likely never find a BTC ETF in their corporate 401k plans as an option. At least not any time soon.

Despite what they tell you, I believe that corporate 401k plans have become a complete scam (despite a company matching contribution), as the 401k vendors and managers will reap the biggest benefits, skimming their cut of returns along the way with high management fees etc., leaving you with FAR less return than you would of had when you retire.

[sulfurtank]

Oh no, here comes the Segwit war over the next 3 pages........

Doh... segwit will not be activated before september. Theoretically it's possible but there are no political reasons for such advance, at least for now. The time between now and august will be used by smart ones to convert as more real properties to bitcoin as they can afford and not get destitute. Pump will come in the last week of september.

[JimboToronto]

Good morning Bitcoinland.

Still consolidating after all that drama last week. We're basically where we were Friday... currently $911USD (Bitcoinaverage).

Remember December when we didn't know if it would reach $800 by the new year? $900 ain't so bad.

[savetherainforest]

Good morning Bitcoinland.

Still consolidating after all that drama last week. We're basically where we were Friday... currently $911USD (Bitcoinaverage).

Remember December when we didn't know if it would reach $800 by the new year? $900 ain't so bad.

Bonjour to you too young man!


The chill of Europe and the silence in this place brings a sentiment of a huge storm that is to come!  

[Torque]

Stamp offline?

[uhoh]

Stamp offline?

DNS issues apparently, Bitcoinity still ticking along with stamp though.

EDIT: Currently down for me.. 17:55 GMT

[osmotic]

Stamp offline?

No the last trade was a few seconds ago.

edit

But I can't access the site. Bitcoinity's showing trades though.

https://twitter.com/Bitstamp/status/818867812827590657

Apologies to those having connectivity issues. Our DNS provider is experiencing some troubles. We're working on it!

[eddie13]

Wisdom showed some trades and then I refreshed it and the chart went back flat like they never happened..

[osmotic]

Wisdom showed some trades and then I refreshed it and the chart went back flat like they never happened..

Bitcoinity just showed another trade of 0.29 BTC a few seconds ago after a two minute gap. I still can't access bitstamp myself though. If the price was volatile it would be worrying if I couldn't trade while others could.

[machasm]

From their twitter feed


BitstampVerified account
‏@Bitstamp
Apologies to those having connectivity issues. Our DNS provider is experiencing some troubles. We're working on it!

[Spaceman_Spiff]

Next 24 hrs are critical 

[Fakhoury]

Next 24 hrs are critical 

 

[uhoh]

Back on stamp with the following in hosts file:

107.154.248.133   *.bitstamp.net

[klondike_bar]

Next 24 hrs are critical 

my triangle says it will tighten towards $910 for Jan 13. itll spend the remainder of the week with people making positions, and then itll pump or dump on the weekend

[Roccker]

So, a baseless prediction just by feeling: it will go down
This is just my brain having saved some experience of sideways - and then mostly down