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

[Wolf Rainer]

I was right after all. Like I said, a little dip on weekend with low volume on Chinese market and the up trend continues at Monday. This is the banks cycle, so is very obvious who are behind the bitcoin manipulation, the same system that bitcoin was made to destroy.

[Biodom]

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.

^^^ irrelevant number due to insolvancy. Only $1165 Bitstamp matters.

[JimboToronto]

Good morning Bitcoinland.

I see the uptrend is continuing... currently $1057USD (Bitcoinaverage).

That's over 4 days over a grand now. Seems like it will stick this time.

For us Canucks it briefly passed $1400CAD. In the history of Bitcoin it's only been higher on 2 days, both in January of this year.

Go Bitcoin go.

[Torque]

There will be people in the world that will buy bitcoin, use bitcoin, want bitcoin, even need bitcoin.  They will do this for many different reasons. The vast majority of these people will not be rich.  Most will be poor.

But when the rich people of the world suddenly see the opportunity to buy up bitcoin, their future intention is to sell it back to the middle class and the poor at 5X, 10X, or even 20X the price of what it was before.  They can do this just by gobbling up supply.

That's what the rich have done with real estate, PMs, stocks, etc.

So take heed, people. Why wait?  You need to be selling bitcoin back to them at 20X.

[slap]

So where was this $40 drop in one day that you are insinuating that happened?

Wishful thinking... The sucker has sold out his miserable bitcoin stash and now dreams to buy back at lower level. Sorry fish... We are going to crash through ATH within 48 hours!

Just popping in to say you were wrong, 'sucker'. Thanks for the laugh, 'sucker'.
Remember you were the one who started with 'sucker', 'miserable stash' and 'fish'.
You dont know me, and I dont know you. The lack of respect triggered me, I guess.

Still expecting a move down to 900ish for a brief moment. Maybe an event like the SEC not approving twinkly's ETF fits just nicely in my TA.
Still hodling though, and probably will for the time being. Go btc Go

[JayJuanGee]

There will be people in the world that will buy bitcoin, use bitcoin, want bitcoin, even need bitcoin.  They will do this for many different reasons. The vast majority of these people will not be rich.  Most will be poor.

But when the rich people of the world suddenly see the opportunity to buy up bitcoin, their future intention is to sell it back to the middle class and the poor at 5X, 10X, or even 20X the price of what it was before.  They can do this just by gobbling up supply.

That's what the rich have done with real estate, PMs, stocks, etc.

So take heed, people. Why wait?  You need to be selling bitcoin back to them at 20X.

In other words, if you cannot fight them, then join them... 

[JayJuanGee]

So where was this $40 drop in one day that you are insinuating that happened?

Wishful thinking... The sucker has sold out his miserable bitcoin stash and now dreams to buy back at lower level. Sorry fish... We are going to crash through ATH within 48 hours!

Just popping in to say you were wrong, 'sucker'. Thanks for the laugh, 'sucker'.
Remember you were the one who started with 'sucker', 'miserable stash' and 'fish'.
You dont know me, and I dont know you. The lack of respect triggered me, I guess.

Still expecting a move down to 900ish for a brief moment. Maybe an event like the SEC not approving twinkly's ETF fits just nicely in my TA.
Still hodling though, and probably will for the time being. Go btc Go

Attention all "SUCKERS" and "FUCKERS":   This is called the interwebs, so there is really no need to become overly sensitive if someone uses some choice words that may or may not be directed at your person. 

Being on the interwebs with quasi-anonymity does not mean that you should not respond to such, only that for your own mental health, you should not allow such attempts at personal attacks and/or attacks of insensitivities to bother you on any kind of personal level.

[Cassius]

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.

^^^ irrelevant number due to insolvancy. Only $1165 Bitstamp matters.

Have to disagree. Technically, maybe. But mainstream media won't report that 'Bitcoin has risen above its ATH, where ATH means the Stamp high because the Gox high does count because there was this bot called Willy and...'

You're crediting them with a level of diligence they won't exercise. News will only come on $1,243.

[Torque]

There will be people in the world that will buy bitcoin, use bitcoin, want bitcoin, even need bitcoin.  They will do this for many different reasons. The vast majority of these people will not be rich.  Most will be poor.

But when the rich people of the world suddenly see the opportunity to buy up bitcoin, their future intention is to sell it back to the middle class and the poor at 5X, 10X, or even 20X the price of what it was before.  They can do this just by gobbling up supply.

That's what the rich have done with real estate, PMs, stocks, etc.

So take heed, people. Why wait?  You need to be selling bitcoin back to them at 20X.

In other words, if you cannot fight them, then join them...  

Yes, the vast majority of people in the world think that fighting them is to just sit on the sidelines and do nothing ("that'll teach 'em!"). Which is the stupidest strategy ever. No one ever became wealthy by doing nothing (except maybe the Hilton sisters, lol).

If you want to be wealthy, you have to take some risks.  Or just invest in the same things as the wealthy people do.

[conspirosphere.tk]

it will get critical at gold parity (1 ounce is 31.1 grams):


http://pricedingold.com/bitcoin/

[JayJuanGee]

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.

^^^ irrelevant number due to insolvancy. Only $1165 Bitstamp matters.

Have to disagree. Technically, maybe. But mainstream media won't report that 'Bitcoin has risen above its ATH, where ATH means the Stamp high because the Gox high does count because there was this bot called Willy and...'

You're crediting them with a level of diligence they won't exercise. News will only come on $1,243.

Who gives a ratt's ass about mainstream media?  Apparently, you do Cassius, and yeah maybe a few other folks who have their tin foil hats tuned to the wrong frequencies.

Yeah, we have to account for various renditions, framings, emphasis and attention of mainstream media, but accounting for their bullshit does not mean that we let them define BTC fundamentals or more realistic BTC measurements and indicators..

So, in this regard, since when are we allowing FUD to define BTC fundamentals?  Oh yeah, trolls and detractors like to do that.  I almost forgot.  

[JayJuanGee]

There will be people in the world that will buy bitcoin, use bitcoin, want bitcoin, even need bitcoin.  They will do this for many different reasons. The vast majority of these people will not be rich.  Most will be poor.

But when the rich people of the world suddenly see the opportunity to buy up bitcoin, their future intention is to sell it back to the middle class and the poor at 5X, 10X, or even 20X the price of what it was before.  They can do this just by gobbling up supply.

That's what the rich have done with real estate, PMs, stocks, etc.

So take heed, people. Why wait?  You need to be selling bitcoin back to them at 20X.

In other words, if you cannot fight them, then join them...  

Yes, the vast majority of people in the world think that fighting them is to just sit on the sidelines and do nothing ("that'll teach 'em!"). Which is the stupidest strategy ever. No one ever became wealthy by doing nothing (except maybe the Hilton sisters, lol).

If you want to be wealthy, you have to take some risks.  Or just invest in the same things as the wealthy people do.

I personally don't think that regular people have the same means of getting wealthy as wealthy people, so therefore, we have to be a bit more strategic with our resources in order to attempt to have a decent chance (when the odds are generally against folks with fewer resources).

It does seem that bitcoin can be one of those opportunities to level some of the playing field, but folks still need to be wise about their strategy and also to hedge in certain ways that protects them in the event that the market moves against them (in other words not investing more than they can afford to lose).    On the other hand, I do think that bitcoin does provide a potential opportunity to gamble and to get it right, but I don't really agree with that strategy for regular folks, so regular folks have to tailor their approach in such a way that gives them decent odds to prevail, while continuing to accumlate BTC.

[swogerino]

$1048.
The ride continues til now!

We will see the Ath surpassed today at this rate!

[gembitz]

^bitcoin heading up towards $2000 ... it's just like the late 90s' internet bubble in its early phases! :-D

[Cassius]

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.

^^^ irrelevant number due to insolvancy. Only $1165 Bitstamp matters.

Have to disagree. Technically, maybe. But mainstream media won't report that 'Bitcoin has risen above its ATH, where ATH means the Stamp high because the Gox high does count because there was this bot called Willy and...'

You're crediting them with a level of diligence they won't exercise. News will only come on $1,243.

Who gives a ratt's ass about mainstream media?  Apparently, you do Cassius, and yeah maybe a few other folks who have their tin foil hats tuned to the wrong frequencies.

Yeah, we have to account for various renditions, framings, emphasis and attention of mainstream media, but accounting for their bullshit does not mean that we let them define BTC fundamentals or more realistic BTC measurements and indicators..

So, in this regard, since when are we allowing FUD to define BTC fundamentals?  Oh yeah, trolls and detractors like to do that.  I almost forgot.  

This is why I usually have you on ignore.
It's very simple. Mainstream media attention brings new people and therefore new money. That seems pretty fundamental for adoption to me. It's the difference between $1241 and $1243. Sorry you don't grasp this.

[roony]

We are very close my friends 



Read Full Article here: https://www.cryptocoinsnews.com/will-the-sec-approve-a-bitcoin-etf/

[xyzzy099]

We are very close my friends  

https://s23.postimg.org/thmvt1zi3/Sem_T_tulo.jpg

Read Full Article here: https://www.cryptocoinsnews.com/will-the-sec-approve-a-bitcoin-etf/

From the article:

This is a sponsored story.

I have no idea what the SEC will do, but I would not bet the bank on approval if I were you.

[tabnloz]

We are very close my friends 



Read Full Article here: https://www.cryptocoinsnews.com/will-the-sec-approve-a-bitcoin-etf/

If the Winkle ETF gets turned down, I'll be buying. Aside from ETF's, it is only one string in the bitcoin bow. There are many global trends that bode well for bitcoin, with China's dwindling FX reserves / capital controls / devaluations being a biggie. A visit back to the 800's would be great.

[JayJuanGee]

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.

^^^ irrelevant number due to insolvancy. Only $1165 Bitstamp matters.

Have to disagree. Technically, maybe. But mainstream media won't report that 'Bitcoin has risen above its ATH, where ATH means the Stamp high because the Gox high does count because there was this bot called Willy and...'

You're crediting them with a level of diligence they won't exercise. News will only come on $1,243.

Who gives a ratt's ass about mainstream media?  Apparently, you do Cassius, and yeah maybe a few other folks who have their tin foil hats tuned to the wrong frequencies.

Yeah, we have to account for various renditions, framings, emphasis and attention of mainstream media, but accounting for their bullshit does not mean that we let them define BTC fundamentals or more realistic BTC measurements and indicators..

So, in this regard, since when are we allowing FUD to define BTC fundamentals?  Oh yeah, trolls and detractors like to do that.  I almost forgot.  

This is why I usually have you on ignore.
It's very simple. Mainstream media attention brings new people and therefore new money. That seems pretty fundamental for adoption to me. It's the difference between $1241 and $1243. Sorry you don't grasp this.

It is called having a different opinion about the weight of mainstream media and the concept of "mass adoption", and you can keep others on ignore all you want and spout out your pie in the sky theories that may only tangentially be connected with reality that maybe every once in a while may come true (coincidentally  more than anything).

It does not make anyone a bad person when they engage on these kinds of topics or have differing opinions.

Regarding mass adoption... get the fuck out of here.   I know that a lot of folks talk about this, and sure bitcoin is becoming more and more well known and more and more adopted around the world, but we should have discovered quite a while ago that this talking point is not driving BTC prices in a direct way and there are much better ways to discuss the adoption issues.... including talking about the various network effect that exist and continue to exist and are expanding on an ongoing basis.

What the fuck is mass adoption, anyhow?    Yeah, it is going to come, but it is quite a long way out there...

What do we currently have in bitcoin?  less than .01% of the world's population in bitcoin in some kind of way?  i understand that there are a lot of measurements in bitcoin to attempt to guage expansion, but mass adoption? that talking point is so 2014... hahahaha

In other words, bitcoin does not need to experience "mass adoption" in order to be successful or to have various additional exponential price growth periods - even if "mass adoption" can and likely does contribute to ongoing upwards price pressures, it is not a controlling or even as much of a necessary factor as you seem to be asserting.. because we are way the fuck out from even being close to achieving anything near "mass adoption"  in bitcoinlandia.

[roony]

If the Winkle ETF gets turned down, I'll be buying. Aside from ETF's, it is only one string in the bitcoin bow. There are many global trends that bode well for bitcoin, with China's dwindling FX reserves / capital controls / devaluations being a biggie. A visit back to the 800's would be great.

Yes, but we do believe that SEC's approval is just the beginning of the new era, with that new money will come, new buyers, the ones who never heard about bitcoin, the richest man, the poor man, everyone will get in, and price will climbe to a level you have never imagine.

Personally, I don't believe bitcoin gonna decline so much to 800 level, 950/980 maybe, but not 800 (forget it).