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

[Karartma1]

Come on good old bitcoin I give you one week to bring your 4 stars and stripes digits to the Eurozone. It doesn't take much effort: in the end it is another €28. Then please go to the UK as well, they also desperately need you.
 

[1715165970]

1715165970

[1715165970]

1715165970

[1715165970]

1715165970

[PoolMinor]

01000110 01100101 01100010 01110010 01110101 01100001 01110010 01111001 00100000 00110001 00111000

[600watt]

chinese volume last 24 hrs seems bigger than $ volume. wasn't it smaller in the last week or so?

https://bitcoinwisdom.com

[simmo77]

01000110 01100101 01100010 01110010 01110101 01100001 01110010 01111001 00100000 00110001 00111000

What's the time scale?

Interesting.

Edit: The binary below the image converts to Feb 18. Is $800 your price prediction for that date?

[r0ach]

The ETF date is the most interesting part about bitcoin at the moment.  As a regulator you would have to be insane to approve a bitcoin ETF in current state, so if it did get approved it would probably be the government trying to create some alternative target for people to waste their time in and keep them out of the metals markets.  When the current scam system starts to implode, gold will go to at least $20,000 an ounce in current buying power and silver will see even higher percentage gains.  The sooner people figure this out, the faster it does implode - which is why they don't want people creating bull runs in those markets and want to distract people with other things instead.

Someone is going to get all upset that I implied bitcoin is somehow not as good as metals, but by that I just mean that it's very likely metals will have a currency roll again or that the world reserve currency will be metals, while it's very unlikely a nation state or the world reserve currency would be bitcoin.  In fact, it would be a disaster since bitcoin isn't fungible with every transaction traced with white and black lists making it a permissioned ledger in that aspect.  Until/if that issue is resolved, nobody should be wishing for the government or wall street to have any affiliation with bitcoin whatsoever when the odds of it turning into some 1984 scheme are far higher than not.

[notme]

chinese volume last 24 hrs seems bigger than $ volume. wasn't it smaller in the last week or so?

https://bitcoinwisdom.com

Last week was lunar new year so the Chinese where mostly on vacation.

[600watt]

chinese volume last 24 hrs seems bigger than $ volume. wasn't it smaller in the last week or so?

https://bitcoinwisdom.com

Last week was lunar new year so the Chinese where mostly on vacation.

out of all things? so... to too da moon is inevitable? 

[RayX12]

Since I live in Ecuador I always had to buy bitcoins via PayPal -> Virwox  (It is way to expensive... )

In the past I have tried to buy with my credit card but could not find places that would accept my Master Card since it was issued in Ecuador.
Now it seems that finally I would be able to use my credit card at Bitstamp and buy Bitcons see here:

https://www.bitstamp.net/article/debit-cc-payments-bitcoin-now-extended-beyond-eu/

These type of actions are bringing Bitcoin to more acceptability.  Hooray!

edit:  does anyone know what would be the buying fees for the credit card transaction?

[becoin]

Since I live in Ecuador I always had to buy bitcoins via PayPal -> Virwox  (It is way to expensive... )

In the past I have tried to buy with my credit card but could not find places that would accept my Master Card since it was issued in Ecuador.
Now it seems that finally I would be able to use my credit card at Bitstamp and buy Bitcons see here:

https://www.bitstamp.net/article/debit-cc-payments-bitcoin-now-extended-beyond-eu/

These type of actions are bringing Bitcoin to more acceptability.  Hooray!

edit:  does anyone know what would be the buying fees for the credit card transaction?

Even if you find a place that you are allowed to buy bitcoin with cc, I'd recommend you don't buy bitcoins with borrowed money!

[MR1]

Since I live in Ecuador I always had to buy bitcoins via PayPal -> Virwox  (It is way to expensive... )

In the past I have tried to buy with my credit card but could not find places that would accept my Master Card since it was issued in Ecuador.
Now it seems that finally I would be able to use my credit card at Bitstamp and buy Bitcons see here:

https://www.bitstamp.net/article/debit-cc-payments-bitcoin-now-extended-beyond-eu/

These type of actions are bringing Bitcoin to more acceptability.  Hooray!

edit:  does anyone know what would be the buying fees for the credit card transaction?

The fees range from 5% to 8%:

https://www.bitstamp.net/fee_schedule/

[Searing]

Looks like bitcoin might surge upwards.

$1337 target 

I wonder how much of the price going up is the etf deadline. 1 out of 4 odds of passing imho.
Being a cautious buerucrat never gets your civil service gig in trouble, job wise.

Hope I'm dead wrong.

[rjclarke2000]

Looks like bitcoin might surge upwards.

$1337 target 

I wonder how much of the price going up is the etf deadline. 1 out of 4 odds of passing imho.
Being a cautious buerucrat never gets your civil service gig in trouble, job wise.

Hope I'm dead wrong.

This price has to be due to the March 11th ETF decision and it'll rise until that date. I am slightly fearful of a soul destroying dump when/ if they do not approve the ETF.

Can they kick the can down the road any longer or does a decision HAVE to be made March 11th?

[becoin]

 As a regulator you would have to be insane to approve a bitcoin ETF in current state

Bitcoin ETF most probably won't be approved but that doesn't matter. We'll have just another short lived opportunity to buy cheap coins.

[DonQuijote]

Looks like bitcoin might surge upwards.

$1337 target 

Why 1337 $ ??
For me will be a little lower than 1100

[conspirosphere.tk]

Why 1337 $ ??
For me will be a little lower than 1100

what matters is to top the previous high.

[Cassius]

Looks like bitcoin might surge upwards.

$1337 target 

Why 1337 $ ??
For me will be a little lower than 1100

https://en.wikipedia.org/wiki/Leet
1337 hax0r ur not

[gembitz]

Looks like bitcoin might surge upwards.

$1337 target 

I wonder how much of the price going up is the etf deadline. 1 out of 4 odds of passing imho.
Being a cautious buerucrat never gets your civil service gig in trouble, job wise.

Hope I'm dead wrong.

na i think imo it's because of the (2MB) blocksize debate is resolved! :-D

[HI-TEC99]

Why 1337 $ ??
For me will be a little lower than 1100

what matters is to top the previous high.

Getting over the previous gox high of $1242 is what matters.

[Globb0]

The ETF date is the most interesting part about bitcoin at the moment.  As a regulator you would have to be insane to approve a bitcoin ETF in current state, so if it did get approved it would probably be the government trying to create some alternative target for people to waste their time in and keep them out of the metals markets.  When the current scam system starts to implode, gold will go to at least $20,000 an ounce in current buying power and silver will see even higher percentage gains.  The sooner people figure this out, the faster it does implode - which is why they don't want people creating bull runs in those markets and want to distract people with other things instead.

Someone is going to get all upset that I implied bitcoin is somehow not as good as metals, but by that I just mean that it's very likely metals will have a currency roll again or that the world reserve currency will be metals, while it's very unlikely a nation state or the world reserve currency would be bitcoin.  In fact, it would be a disaster since bitcoin isn't fungible with every transaction traced with white and black lists making it a permissioned ledger in that aspect.  Until/if that issue is resolved, nobody should be wishing for the government or wall street to have any affiliation with bitcoin whatsoever when the odds of it turning into some 1984 scheme are far higher than not.

Bitcoin doesn't come without risk, if the system collapsed for some reason. If it was compromised or hacked. That surely rules it out as a reserve currency. Its a bit intangible with no physical "thing".


I suppose the equivalent in, say gold, is that someone manages alchemy and gold is suddenly 2 a penny.


In our bizarre world who knows which might even happen.

[LFC_Bitcoin]

Why 1337 $ ??
For me will be a little lower than 1100

what matters is to top the previous high.

Getting over the previous gox high of $1242 is what matters.

Yep, it'll be huge psychologically when you factor in that the previous gox high was highly manipulated any way. I wasn't around for the last high but I'm here for the next one

Hopefully big money will pile in when news of a new ATH hits the general media.