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

[bitcoinminer42]

Moon can't be less than 20k, surely?? 

i really thought about your lengthy post. i went through it, word by word, letter by letter, pixel by pixel. trying to find a contradiction. trying to wrap my head around what you have so elegantly stated. and i came to the conclusion that you are right.

so: confirmed!

i would say 25k... r u ok with?

[600watt]

Moon can't be less than 20k, surely?? 

i really thought about your lengthy post. i went through it, word by word, letter by letter, pixel by pixel. trying to find a contradiction. trying to wrap my head around what you have so elegantly stated. and i came to the conclusion that you are right.

so: confirmed!

i would say 25k... r u ok with?

hm...  need to get my calculator out. ... ok... allright, granted! 25k is moon. less than that figure is just noise. so be it.

[JayJuanGee]

Is it possible that we go to Mars? Or are we going to stay on the moon for now?

$1000 is moon?? We were already there in 2013!! Maybe moon for people who bought bitcoin for $30 but it is certainly not even close to moon right now. Get your expectations up... $1000 is old news. Talking about mars and pluto when we can't even break 2013 ATH lol

Look at you.  Party pooper.

We have a 5% price increase in 24 hours and a 10% increase in less than a week.  Seems like this whole upward and ongoing price migration situation is going pretty well, and the battle for the ATH has not even begun yet.. has it? - even though I can see that the volume of the past 24 hours has picked up a little bit, those levels do not seem like any kind of battle...

Accordingly.. it seems as if both sides have yet to really employ any kind of meaningful ammunition in regards to our current and ongoing upwards price migration situation.  

Do you see things otherwise?  glass half full?  overly anxious?  expecting more? , which one is it?

I mean back in the day we used to wipe our ass with 5-10% rises... now it's considered "moon" and we haven't even broken 2013 ATH. That is not moon. I miss the days of 10X-50X rises which will probably never happen again.... especially if people are putting $1000 price on a pedestal

I still think that you are being a party pooper and you are not appreciating our current state of bitcoin.  There are way more exchanges and way more ways that bitcoin price is pumped and dumped and there are way more ways to short bitcoin.  Furthermore, the market cap causes more money and maybe even more strategic placement of money on order to attempt some kind of exorbitant pump.

It does not mean that a 10x or a 50x would not happen, but even you should realize (and not lament) because times have changed in bitcoin... .. and really we are in a great place at the moment.  We have had more than a 350% price increase in less than 2 years.. and we also continue to have decent buying pressure with a whole hell-of-a-lot stronger bitcoin foundation (in terms of development and world-wide adoption and influence)

[JimboToronto]

... people are putting $1000 price on a pedestal

$1000 isn't a pedestal. It's a launching pad.

[600watt]

the SEC disapproval dip will be the new silk road busted dip.


with extra drama. and unforeseen highs. mark my words.

[European Central Bank]

the SEC disapproval dip will be the new silk road busted dip.

i think the china shutdown was our silk road myself. certainly very similar in nature, what we thought was propping up bitcoin turned out to be horse shit. it's just taking a little more time like every market movement these days.

[strawbs]

moon to me feels like it should be what's currently an inconceivable price. i can well believe that $1000 felt that way at the start of 2013. right now it would have to be tens of thousands for me.

At the start of 2013 the ATH was $266. So it then basically shot past the ATH by about x4.5. The equivalent rise past the current ATH would take us to around $5000. Which would be nice, but we can hope for more.

[600watt]

the SEC disapproval dip will be the new silk road busted dip.

i think the china shutdown was our silk road myself. certainly very similar in nature, what we thought was propping up bitcoin turned out to be horse shit. it's just taking a little more time like every market movement these days.

you are right. a 30% dip would fit.

[HI-TEC99]

the SEC disapproval dip will be the new silk road busted dip.


with extra drama. and unforeseen highs. mark my words.

The SEC approval pump might be the new US decided not to ban Bitcoin pump to a new ATH.

Over the last three years we had Gox, China bans Bitcoin, the bitstamp hack, and the bitfinex hack holding the price back. We're getting desensitised  to bad news we've had so much of it. A SEC disapproval won't hold the price back for long if it happens.

[European Central Bank]

moon to me feels like it should be what's currently an inconceivable price. i can well believe that $1000 felt that way at the start of 2013. right now it would have to be tens of thousands for me.

At the start of 2013 the ATH was $266. So it then basically shot past the ATH by about x4.5. The equivalent rise past the current ATH would take us to around $5000. Which would be nice, but we can hope for more.

the price at the start of 2013 was about 10 bucks. $266 wasn't until a few months later. over 100x in one year. it can't happen again to that scale but it can have a good try if it wants to. i won't stop it.

[strawbs]

moon to me feels like it should be what's currently an inconceivable price. i can well believe that $1000 felt that way at the start of 2013. right now it would have to be tens of thousands for me.

At the start of 2013 the ATH was $266. So it then basically shot past the ATH by about x4.5. The equivalent rise past the current ATH would take us to around $5000. Which would be nice, but we can hope for more.

the price at the start of 2013 was about 10 bucks. $266 wasn't until a few months later. over 100x in one year. it can't happen again to that scale but it can have a good try if it wants to. i won't stop it.

Yes, you're right. I should have said mid-2013. Hard to believe that was nearly four years ago!

[Bitcoinb0b]

once they get the rest of the blocks for the chain the price will surely rise

[simmo77]

Loving this steady climb, but I'm not cracking open the champagne until the price hits $1216.74

[Elwar]

I mean back in the day we used to wipe our ass with 5-10% rises... now it's considered "moon" and we haven't even broken 2013 ATH. That is not moon. I miss the days of 10X-50X rises which will probably never happen again.... especially if people are putting $1000 price on a pedestal

The more mature the Bitcoin currency becomes, the less wild swings we will have.

Not jumping 10X-50X is a good thing.

[mymenace]

I mean back in the day we used to wipe our ass with 5-10% rises... now it's considered "moon" and we haven't even broken 2013 ATH. That is not moon. I miss the days of 10X-50X rises which will probably never happen again.... especially if people are putting $1000 price on a pedestal

The more mature the Bitcoin currency becomes, the less wild swings we will have.

Not jumping 10X-50X is a good thing.

Bit harder to have 10x-50x rise when the price as high as it is, compared to $10 or $150

How come it is only the US exchanges that have not broken the all time high

Europe, Australia and china seem to have broken it

[HI-TEC99]

I mean back in the day we used to wipe our ass with 5-10% rises... now it's considered "moon" and we haven't even broken 2013 ATH. That is not moon. I miss the days of 10X-50X rises which will probably never happen again.... especially if people are putting $1000 price on a pedestal

The more mature the Bitcoin currency becomes, the less wild swings we will have.

Not jumping 10X-50X is a good thing.

Bit harder to have 10x-50x rise when the price as high as it is, compared to $10 or $150

How come it is only the US exchanges that have not broken the all time high

Europe, Australia and china seem to have broken it

Probably because the dollar's stronger against those other country's currencies now than compared to three years ago. It was 1.37 euros to the dollar in December 2013, but today it's 1.05 euros to the dollar.

[Hunyadi]

the SEC disapproval dip will be the new silk road busted dip.


with extra drama. and unforeseen highs. mark my words.

Yep, that's what I have been thinking. First deep dip and then it's full throttle.

[mymenace]

I mean back in the day we used to wipe our ass with 5-10% rises... now it's considered "moon" and we haven't even broken 2013 ATH. That is not moon. I miss the days of 10X-50X rises which will probably never happen again.... especially if people are putting $1000 price on a pedestal

The more mature the Bitcoin currency becomes, the less wild swings we will have.

Not jumping 10X-50X is a good thing.

Bit harder to have 10x-50x rise when the price as high as it is, compared to $10 or $150

How come it is only the US exchanges that have not broken the all time high

Europe, Australia and china seem to have broken it

Probably because the dollar's stronger against those other country's currencies now than compared to three years ago. It was 1.37 euros to the dollar in December 2013, but today it's 1.05 euros to the dollar.

thanks, yep that's why
I hear its going to go in reverse and we will see currencies rise against the USD

looks like btc in for a big cup and handle, few reports so far of a very deep handle

[Le Happy Merchant]

$1216.74

?

[simmo77]

$1216.74

?

$1216.73 USD is ATH