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

[podyx]

Maybe they are really serious with it though, I would be interested in how it would be created and distributed etc.

Still think the black market will prevail. Every good technology has come from drugs, weapons and war basically.

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[lightfoot]

trump pop?

Everyone is getting rid of dollars as fast as possible. But what are you going to invest in? Euros? Rubles?

Nope, Bitcoin!

[shift_damn3d]

hold your seats !!

[JayJuanGee]

long time hodeler here ...sporadic buys... price tanks
sporadic sells... price moons

fyi fellow bitcoiners... i just bought

Sounds like you need a better buying and selling strategy.  buying on the way up and selling on the way down usually does not work  too well because the price will reverse...

On the other hand, if you buy on the way down and then sell on the way up, then you will likely put your overall portfolio into a better position.


Regarding current price movement, unless this is a fake out, we have a decent chance of moving upwards, and maybe even testing $950 and higher... and sure if we get past $950 then maybe there could be some challenges in the upper $900s arena...

Sure, none of this is certain, and we still could experience tests of the mid to upper $800s in the coming days if there is not enough buyers behind this pump... .. yet I do kind of have the sense that mid to upper $900s are within reasonable possibilities...

On a personal level I had already been buying all the way down to the mid $700s and then selling all the way up to mid $900s and then buying again on the most recent dip into the mid to upper $800s, with this price rise, I am selling very small increments.. actually my selling is probably so small that no one really notices, even though it kind of adds up  with these considerable price movements of the past few weeks.

[r0ach]

trump pop?

Trump's economic policy is essentially "make the yuan strong again" so the US can export, while the Chinamen dump their soon to be appreciating Yuans?

[r0ach]

It's happening.






http://www.dailystormer.com/nazi-currency-bitcoin-hits-1000-usd-value/

[DaRude]

We still in triple digits? That was like so 2016

[protokol]

Hitting the resistance level at ~ $920.

With a little bit of buying we could shoot past this level into the $940 range. Then either bull run back up to $1000+ levels, or sell-off back to the $850 levels. I think this is the most likely scenario [edit, I mean the breaking of the 920 level to the upside is likely], then... (perhaps 70% chance of bull run, 30% chance of drop to ~ $850, if the $920 barrier is broken to the upside)

If the resistance level at $920 isn't broken (but I think it will be), we could see a further drop, perhaps to $750-800.

That's my feeling looking at the charts, anyway.

It looks bullish to me. keep hodling, hodlers... lets keep this rollercoaster climbing!

[yonton]

Just because we don't break 920 doesn't mean we're going to crash down to 750

[PoolMinor]

Just because we don't break 920 doesn't mean we're going to crash down to 750

Those 2 points don't necessarily draw a straight line.

[Karartma1]

Bitcoin is the must have for the rich now. OTC Bitcoin are on the way up: someone at work knows that I hold Bitcoin and they're rapidly turning to me for knowledge and, of course, bitcoins. The followings says it all:
I've been asked to provide 25 BTC. I refused. They were willing to pay more than 20% of current price. I refused.
I've told them to go buy them on the exchanges and do KYC/AML.
I think for the first time in their life they realized what their fiat money real value is and what that's value of financial freedom.

[Cassius]

A cryptocurrency which is fully controlled by a nation state is just a national currency.
And banks do the job good and cheap enough for fiat transfers.

There wont be any chinacoin...

There will, and it's a terrifying idea in the hands of a country that is perfectly at home practising wide-scale internet surveillance and censorship.

[becoin]

A cryptocurrency which is fully controlled by a nation state is just a national currency.
And banks do the job good and cheap enough for fiat transfers.

There wont be any chinacoin...

There will, and it's a terrifying idea in the hands of a country that is perfectly at home practising wide-scale internet surveillance and censorship.

All major countries are practicing wide-scale internet surveillance and censorship at home!

[r0ach]

Bitcoin is the must have for the rich now. OTC Bitcoin are on the way up: someone at work knows that I hold Bitcoin and they're rapidly turning to me for knowledge and, of course, bitcoins. The followings says it all:
I've been asked to provide 25 BTC. I refused. They were willing to pay more than 20% of current price. I refused.
I've told them to go buy them on the exchanges and do KYC/AML.
I think for the first time in their life they realized what their fiat money real value is and what that's value of financial freedom.

Lol, what?  I'm sorry you couch potatoes, but buying Bitcoin does not give you financial freedom.  Fighting a war with an AR15 against whoever is trying to take your financial freedom is how you get financial freedom.  Just like the days of the revolutionary war, you will probably have to get off your couch at some point.  There is no mouse click shortcut to freedom.  Even metals holders get worried about the government trying to confiscate or legislate against metals in some way.  TPTB can impede the usage of Bitcoin about 5 billion times easier than metals, so you are definitely not getting freedom by smoking some stuff out of a bong and clicking something on Coinbase.

[abz99]

Bitcoin is bullish but the money flow is negative http://zentrade.online/bitcoinusd-price-action-analysis-bitmex-perpetual-swap-xbtusd-update-20170121/

[gembitz]

A cryptocurrency which is fully controlled by a nation state is just a national currency.
And banks do the job good and cheap enough for fiat transfers.

There wont be any chinacoin...

There will, and it's a terrifying idea in the hands of a country that is perfectly at home practising wide-scale internet surveillance and censorship.

E-COIN? like from Mr Robot?    lol ~ EvilCorp

[Raja_MBZ]

Trumpump is happening... I expect to see the $1000 cross soon once again!

Just because we don't break 920 doesn't mean we're going to crash down to 750

Those 2 points don't necessarily draw a straight line.

+1

[Miz4r]

Bitcoin is the must have for the rich now. OTC Bitcoin are on the way up: someone at work knows that I hold Bitcoin and they're rapidly turning to me for knowledge and, of course, bitcoins. The followings says it all:
I've been asked to provide 25 BTC. I refused. They were willing to pay more than 20% of current price. I refused.
I've told them to go buy them on the exchanges and do KYC/AML.
I think for the first time in their life they realized what their fiat money real value is and what that's value of financial freedom.

Lol, what?  I'm sorry you couch potatoes, but buying Bitcoin does not give you financial freedom.  Fighting a war with an AR15 against whoever is trying to take your financial freedom is how you get financial freedom.  Just like the days of the revolutionary war, you will probably have to get off your couch at some point.  There is no mouse click shortcut to freedom.  Even metals holders get worried about the government trying to confiscate or legislate against metals in some way.  TPTB can impede the usage of Bitcoin about 5 billion times easier than metals, so you are definitely not getting freedom by smoking some stuff out of a bong and clicking something on Coinbase.

You don't understand how disruptive technologies work. Bitcoin will eventually decouple money from the state and level the playing field for those who do not have access to banking and financial services. You're just being very shortsighted. The internet was made by the same 'couch potatoes' and didn't need a stupid war to provide us better means of communication and easier access and sharing of information. Bitcoin will evolve in a similar way and will provide us financial freedoms we've never had before and make the old financial slavery system obsolete. It already is borderless and permissionless; I can do with my coins what I want and bring them with me and use them anywhere in the world. Try doing that with Gold or paper fiat. Good luck with your AR15 and dying in a senseless war, I'll be staying right here and help improve the world through permissionless innovation and entrepreneurship.

[vlight]

Bitcoin is at the price level of Christmas 2016  

[prophetx]