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

[Fatman3001]

I only remember your diesel generator in the woods stories. You don't talk too much aboot your daily life in Toronto.

I have dual citizenship: country slicker and city bumpkin.

That's one of the reasons for my higher than average security measures. People know I'm often away for days or weeks at a time.

I'll assume your misspelling of "about" was a typo. It makes you sound like an American hillbilly though.

They seem to think that if you don't pronounce "about" as "a-bay-owt" that you're talking about footwear.  

https://www.youtube.com/watch?v=i1egScqWtlY

When in Rome

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[JimboToronto]

I'll assume your misspelling of "about" was a typo. It makes you sound like an American hillbilly though.

They seem to think that if you don't pronounce "about" as "a-bay-owt" that you're talking about footwear.  

https://www.youtube.com/watch?v=i1egScqWtlY

LOL I could never understand why they seem to fixate on "about" and not on other "-out" words.

They never talk about us going "oot" far a walk, having a summer "droot" or enjoying a nice cold Guinness "stoot".

Isn't that the Scottish pronunciation?

   

[JimboToronto]

When in Rome

...speak Italian.

[JayJuanGee]

Bored. So bored. Not buying until around $800, and nothing below 1k excites me.

Trade smaller amounts and in smaller increments in order to entertain yourself...

So for example if you had planned to buy $1k at $800 and sell $1k at $1k, instead plan to buy $200 at $900 and sell $200 at $940... Of course, you would tailor these numbers to your own actual situation   But whatever are your actual numbers, lowering the amounts and the increments will put you back in the game more quickly and most likely remove some of your boredom..

Your welcome.. hahahaha

[Fatman3001]

I'll assume your misspelling of "about" was a typo. It makes you sound like an American hillbilly though.

They seem to think that if you don't pronounce "about" as "a-bay-owt" that you're talking about footwear.  

https://www.youtube.com/watch?v=i1egScqWtlY

LOL I could never understand why they seem to fixate on "about" and not on other "-out" words.

They never talk about us going "oot" far a walk, having a summer "droot" or enjoying a nice cold Guinness "stoot".

Isn't that the Scottish pronunciation?

   

Heh... I finally made Jiimbo crack

[JimboToronto]

Heh... I finally made Jiimbo crack

Crack? Sorry, I don't do that.

 
___________

Meanwhile, we still have about 4 hours left to go up another $3 and put today's candle back to green again.

[Clement Kaliyar]

With China being a sensitive market i do expect that every rumors and news could impact the price of bitcoin and despite all that i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,initally i was worried when the price breached the $800 mark but with the recover i do expect it will be like this for some time.

[Bitcoinb0b]

ayy lmao its goin up

[JayJuanGee]

Heh... I finally made Jiimbo crack

Crack? Sorry, I don't do that.

 
___________

Meanwhile, we still have about 4 hours left to go up another $3 and put today's candle back to green again.

Recall that this is Sunday...... Therefore, both Daily and weekly candles are closing in a bit less than 3 hours, as I type...

With China being a sensitive market i do expect that every rumors and news could impact the price of bitcoin and despite all that i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,initally i was worried when the price breached the $800 mark but with the recover i do expect it will be like this for some time.

We seem to continue to have some decent upwards price pressures, and likely a bit of ongoing uncertainties regarding whether price can hold at these levels or break through $1k - if we get into those territories and maybe even passionate desires to either breach $1k on the one side and to keep prices below $1k on the other side.

With all of this, I anticipate our price bouncing range to be a bit broader than what you have indicated... maybe $800 to $1k, and I would be less surprise with a breaking of the price above the range rather than a breaking below this price range.

[becoin]

i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,

I don't think so. Too many people want to have at least one bitcoin.

[600watt]

i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,

I don't think so. Too many people want to have at least one bitcoin.

true, and not even every millionaire (denominated in $) could have one. there are more millionaires existing than bitcoin.

[rjclarke2000]

i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,

I don't think so. Too many people want to have at least one bitcoin.

true, and not even every millionaire (denominated in $) could have one. there are more millionaires existing than bitcoin.

This is a great fact.

[600watt]

i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,

I don't think so. Too many people want to have at least one bitcoin.

true, and not even every millionaire (denominated in $) could have one. there are more millionaires existing than bitcoin.

This is a great fact.

thanks for the reply. most of the times people reply something like: "why would every millionaire want a bitcoin?"  but it is fact and it doesn´t matter how much $ they would want want to pay for that one bitcoin. there will never be enough, even when worth a million $... 

[Torque]

i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,

I don't think so. Too many people want to have at least one bitcoin.

true, and not even every millionaire (denominated in $) could have one. there are more millionaires existing than bitcoin.

This is a great fact.

thanks for the reply. most of the times people reply something like: "why would every millionaire want a bitcoin?"  but it is fact and it doesn´t matter how much $ they would want want to pay for that one bitcoin. there will never be enough, even when worth a million $...  

Perhaps one day a bitcoin will be to the rich like a single share of BRK.A stock.  I'm sure those shares are likely highly coveted now amongst them.  

My father talks all the time about how he and his friends in the early 90s would moan that a single BRK.A share was "overpriced" and "overvalued" at mid- quadruple digits... then watched in horror as the shares went into mid- quintuple digits just a decade later.  Now they are at $240K/ share, LOL.

My dad's also salty about passing on heavily investing in Microsoft in the 80's.

[Biodom]

i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,

I don't think so. Too many people want to have at least one bitcoin.

true, and not even every millionaire (denominated in $) could have one. there are more millionaires existing than bitcoin.

This is a great fact.

Half of 1.4 million Chinese millionaires want to leave China within 5 years, not sure if it would be possible, though.
All millionaires =58.7 trillion in wealth.
http://money.cnn.com/2016/06/23/news/economy/asian-millionaires-wealth/
Even if they allocate just 1% to bitcoin (a fraction of gold), bitcoin's market cap would be 587 bil or currently about $36400/btc.
Chinese exchanges discussing starting trading in mBTC (1/1000) is a first step.
https://twitter.com/bobbyclee/status/823000703660457986
At some point even millionaires will be reduced to buying fractions of btc, if btc will remain the main crypto.

[petahashminer]

difficulty has changed 10 minutes ago,

and it seems huge

Jan 22 2017    392,963,262,344    16.64%    2,812,940,600 GH/s

will it be affect the price ?

[Biodom]

difficulty has changed 10 minutes ago,

and it seems huge

Jan 22 2017    392,963,262,344    16.64%    2,812,940,600 GH/s

will it be affect the price ?

short term-no
long term-yes, on the upside

[gembitz]

i do expect that the price of bitcoin will trade betweem $850 and $950 for some time,

I don't think so. Too many people want to have at least one bitcoin.

true, and not even every millionaire (denominated in $) could have one. there are more millionaires existing than bitcoin.

This is a great fact.

thanks for the reply. most of the times people reply something like: "why would every millionaire want a bitcoin?"  but it is fact and it doesn´t matter how much $ they would want want to pay for that one bitcoin. there will never be enough, even when worth a million $...  

Perhaps one day a bitcoin will be to the rich like a single share of BRK.A stock.  I'm sure those shares are likely highly coveted now amongst them.  

My father talks all the time about how he and his friends in the early 90s would moan that a single BRK.A share was "overpriced" and "overvalued" at mid- quadruple digits... then watched in horror as the shares went into mid- quintuple digits just a decade later.  Now they are at $240K/ share, LOL.

My dad's also salty about passing on heavily investing in Microsoft in the 80's.

 


#zerocorrelation

[TeeBone]

Cashed out. See you at $725..

[Ibian]

Mat's gonna mat.