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

[rjclarke2000]

So now we've had a little drop I see. Did it get to €1000? Was that the sell signal?

[V1saya]

Seems like it really didn't went down to 800 this February. My fiat is still ready for bitcoin to go down 800sh. 

[Aviator019]

So now we've had a little drop I see. Did it get to €1000? Was that the sell signal?

nahh, top was at EUR 993

[mindrust]

Something big is about to happen... I can tell because Kraken keeps timing out  

I feel that too. It reminds me of 2013 thing somehow. I would short only %50 of my position but i listened my instincts and dumped everything away from 1020.

This prices can't go forever that high. It used to be so low that miners were profiting barely, and its now more than x2 of those prices. Smells like a dump fest.

People in 2013 also thought that it is going to reach 40k$ soon but it didn't happen. Same will happen again.

[Karpeles]

Something big is about to happen... I can tell because Kraken keeps timing out 

I feel that too. It reminds me of 2013 thing somehow. I would short only %50 of my position but i listened my instincts and dumped everything away from 1020.

This prices can't go forever that high. It used to be so low that miners were profiting barely, and its now more than x2 of those prices. Smells like a dump fest.

People in 2013 also thought that it is going to reach 40k$ soon but it didn't happen. Same will happen again.

2x lower with 2x less reward because of the halving, seems fair

[mainpmf]

Something big is about to happen... I can tell because Kraken keeps timing out 

Yeah but something big is about to happen every month with bitcoin xD

The only question is: will it be big up or big crash?

[becoin]

The only question is: will it be big up or big crash?

It doesn't actually matter since every time something big happens ups are bigger and bigger while crashes are smaller and smaller.

[K~Ehleyr]

Something big is about to happen... I can tell because Kraken keeps timing out 

Yeah but something big is about to happen every month with bitcoin xD

The only question is: will it be big up or big crash?

I call up!  This rise is so steady and solid that when we eventually get back over 1k euros again, I think we'll stay in four figures.  Next stop 2k 

[julian071]

Something big is about to happen... I can tell because Kraken keeps timing out 

Yeah but something big is about to happen every month with bitcoin xD

The only question is: will it be big up or big crash?

I call up!  This rise is so steady and solid that when we eventually get back over 1k euros again, I think we'll stay in four figures.  Next stop 2k 

Yeah, I totally agree. Watching 150 coins getting bought right now @ 990 euro's in steady little bites. Great stuff.

[K~Ehleyr]

Something big is about to happen... I can tell because Kraken keeps timing out 

Yeah but something big is about to happen every month with bitcoin xD

The only question is: will it be big up or big crash?

I call up!  This rise is so steady and solid that when we eventually get back over 1k euros again, I think we'll stay in four figures.  Next stop 2k 

Yeah, I totally agree. Watching 150 coins getting bought right now @ 990 euro's in steady little bites. Great stuff.

Yep, they've all gone!!!  Wow...    I'd better get some more coins bought before 3 figures is gone forever 

[becoin]

But, but, but... so many experienced and knowledgeable TA traders said price should go down. Why does it keep creeping up?

[Aviator019]

But, but, but... so many experienced and knowledgeable TA traders said price should go down. Why does it keep creeping up?

Because even though there are some highly regarded experts out there, most of them just use fancy words to hide the fact they dont have a clue either  

[Aviator019]

this seems interesting: http://www.coindesk.com/bitcoin-investor-roger-ver-to-push-for-okcoin-liquidation-in-court/

[Paashaas]

But, but, but... so many experienced and knowledgeable TA traders said price should go down. Why does it keep creeping up?

They refuse to accept the world-wide demand in combination with 16m coins for 7b people.

Bitcoin is just like a balloon underwater, some try to hold in under but the longer they keep it underwater the harder it will shoot up.

[GreekGeek]

my guess is that the price will be creeping up , until the SEC announcement
if I remember correctly this happened before while waiting for the ETF decision of the SEC

[JayJuanGee]

Something big is about to happen... I can tell because Kraken keeps timing out  

I feel that too. It reminds me of 2013 thing somehow. I would short only %50 of my position but i listened my instincts and dumped everything away from 1020.

This prices can't go forever that high. It used to be so low that miners were profiting barely, and its now more than x2 of those prices. Smells like a dump fest.

People in 2013 also thought that it is going to reach 40k$ soon but it didn't happen. Same will happen again.

Wow.  You are really putting artificial limits on your own conceptualizations about bitcoin.  In some ways this time does feel like 2013, but there is something about it that feels quite different too... I mean think about it.  We have had more than 3 years of development since the 2013 pump, and we had almost 2 years of down and suppressed prices, and then we had almost a year and a half of upwards (kind of a slower form of upwards), so it may feel more like the beginning of 2013 in terms of dynamics (even though it feels like the end of 2013 in terms of actual price). 

In other words, we may get one or two more upward exponential growth periods.. that are going to leave shorters, like yourself, in awe and continuing to wonder when they are going to be able to buy back in.. I think that getting left behind is frequently referred to as opportunity costs.

[julian071]

China broke 7000, but Europe seems reluctant to commit to 1000+.

[gentlemand]

my guess is that the price will be creeping up , until the SEC announcement
if I remember correctly this happened before while waiting for the ETF decision of the SEC

'This time it's different'.

The closer it gets to no withdrawal the more likely its passing is. I didn't detect much real excitement with previous deadlines. I suppose most people felt that it would be another deferral.

It would be ironic if a financial regulatory authority stoked a bubble all on its own, and then popped it with a last minute refusal. Maybe we can take them to court.

[JimboToronto]

An extra early good morning Bitcoinland.

I'm glad I went to bed early last night. It means I get to watch some action as it happens.

The smooth, steady uptrend continues... currently $1047USD (Bitcoinaverage).

C'mon Bitcoin, let's invite those Europeans to the 4-digit party.

But, but, but... so many experienced and knowledgeable TA traders said price should go down. Why does it keep creeping up?

Isn't that an oxymoron?

 

[julian071]

Laaaaast caaaaalll for sub-1000 euro coins!!