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

[kurious]

1139 quietly matched.

...and as I type

1140!

[yefi]

1139 quietly matched.

...and as I type

1140!

New three year high on Stamp. Hell yeah.

[Ted E. Bare]

$1200+ party soon?

[kurious]

1139 quietly matched.

...and as I type

1140!

New three year high on Stamp. Hell yeah.

I thought no one else was watching!  I think a train or even a rocket is probably justified.  I am just too British to be so brash.

*polite applause ensues....

[JayJuanGee]

1139 quietly matched.

...and as I type

1140!

New three year high on Stamp. Hell yeah.

The ATH of $1163 is also a "done deal" even though it has not happened yet..

you don't hear me say those kinds of things too often..

And maybe pretty much $1200 is a "done deal" too.

I would be quite surprised if they do not play out in the coming hours.. days at most.

[HI-TEC99]

Is it significant that itBit is now the USD volume leader according to bitcoinity? I don't know for certain if bitcoinity includes itBit's OTC sales in its volume calculation, but I expect it does. Big OTC buys could be the reason its suddenly in first place.

[bitcoinvest]

1139 quietly matched.

...and as I type

1140!

New three year high on Stamp. Hell yeah.

The ATH of $1163 is also a "done deal" even though it has not happened yet..

you don't hear me say those kinds of things too often..

And maybe pretty much $1200 is a "done deal" too.

I would be quite surprised if they do not play out in the coming hours.. days at most.

i was pretty confused with that is the ETH and you gave me an answer with your post, thanks on that.
Can i ask your personal opinion for the reason of this price climb ?

[kurious]

7 green candles in a row on the 2 hour...

Even the daily is 9 out of 10.

Is this Gentlemen?

[gentlemand]

Is it significant that itBit is now the USD volume leader according to bitcoinity? I don't know for certain if bitcoinity includes itBit's OTC sales in its volume calculation, but I expect it does. Big OTC buys could be the reason its suddenly in first place.

I can't imagine any charting site would include OTC stuff. They'd be all over the place and I'm sure such sites don't necessarily want to publicise sales. That would go against everything OTC is about.

Itbit seems to make a big appearance every now and then and then disappear once more.

[Chef Ramsay]

Stamp just passed resistance and nothing more than a golf clap around here.

[JayJuanGee]

1139 quietly matched.

...and as I type

1140!

New three year high on Stamp. Hell yeah.

The ATH of $1163 is also a "done deal" even though it has not happened yet..

you don't hear me say those kinds of things too often..

And maybe pretty much $1200 is a "done deal" too.

I would be quite surprised if they do not play out in the coming hours.. days at most.

i was pretty confused with that is the ETH and you gave me an answer with your post, thanks on that.
Can i ask your personal opinion for the reason of this price climb ?

I don't really know the reason for the climb. 

Longer term is likely fundamentals such as development, adoption and soundness of the actual bitcoin system - the first real decentralized immutable value transfer and storage system

The shorter term is likely just a matter of momentum..

I mean a few days ago we could not really predict reaching ATH levels within days, but once the momentum started, it was kind of discovered that the buyers out numbered the sellers..

I know, I know, .. kind of a lame explanation.   

[Karartma1]

7 green candles in a row on the 2 hour...

Even the daily is 9 out of 10.

Is this Gentlemen?

Can't stop watching it! While China peacefully sleeps (maybe) Europe and the US West Coast are having so much fun. I don't think this is over yet and as some others pointed out this might be an attempt to price in the ETF.

I repeat, this is not over yet, gentlemen

[yefi]

The ATH of $1163 is also a "done deal" even though it has not happened yet..

you don't hear me say those kinds of things too often..

And maybe pretty much $1200 is a "done deal" too.

I would be quite surprised if they do not play out in the coming hours.. days at most.

Yes, not to invite hubris, but we've come too far now, I think, not to break the ATH. I hear a lot of chatter about cup and handle formations, but all I see is an 18 month trend-line that it yet to be broken. Market cap is already off the charts, price could surely follow.

I thought no one else was watching!  I think a train or even a rocket is probably justified.  I am just too British to be so brash.

*polite applause ensues....

By George, another Englishman. We must be multiplying. 

[HI-TEC99]

Is it significant that itBit is now the USD volume leader according to bitcoinity? I don't know for certain if bitcoinity includes itBit's OTC sales in its volume calculation, but I expect it does. Big OTC buys could be the reason its suddenly in first place.

I can't imagine any charting site would include OTC stuff. They'd be all over the place and I'm sure such sites don't necessarily want to publicise sales. That would go against everything OTC is about.

Itbit seems to make a big appearance every now and then and then disappear once more.

After some Googling I found out that itBit used to keep its OTC trades secret, but then collaborated with TradeBlock to publish them. Maybe they did it because itBit's more regulated than most exchanges.

https://news.bitcoin.com/itbit-tradeblock-blockchains-big-data/

ItBit’s collaboration with TradeBlock will enable its clientele and the public to view its Over The Counter trading data, which will give more perspective and resolution to the exchanges OTC transactions.

[JayJuanGee]

Stamp just passed resistance and nothing more than a golf clap around here.

I think that there is a difference between making a new three year high and "passing resistance"

When I think about passing, I think about going past it.. above and beyond and maybe even having a bit of a cushion, with either time or price.  In this case, we passed it for only about 5 minutes at most, and it was above and below and above and below...

I still do think that our odds are pretty strong to shoot into the $1200s in the coming hours or even in the coming days... .. yet continued slow, is not bad, either.. I mean can you imagine going slowly up to $1500 or something like that?  Seems like a long shot now, but it would be an interesting (and probably less likely) phenomenon  if price rises were to play out like that, this time.

[HI-TEC99]

Stamp just passed resistance and nothing more than a golf clap around here.

I think that there is a difference between making a new three year high and "passing resistance"

When I think about passing, I think about going past it.. above and beyond and maybe even having a bit of a cushion, with either time or price.  In this case, we passed it for only about 5 minutes at most, and it was above and below and above and below...

I still do think that our odds are pretty strong to shoot into the $1200s in the coming hours or even in the coming days... .. yet continued slow, is not bad, either.. I mean can you imagine going slowly up to $1500 or something like that?  Seems like a long shot now, but it would be an interesting (and probably less likely) phenomenon  if price rises were to play out like that, this time.

If the 790 Bitcoin ask wall on stamp gets eaten the next big wall starts at $1196 and ends at $1200. Getting into the $1200s soon is increasingly plausible. Stamps just gone back up to $1141, the buying pressure isn't slowing.

[slap]

where are the train pics?

[pinger]

where are the train pics?

Why to post trains when you can see everything is on schedule?

[Lauda]

According to https://bitcoinity.org/markets/bitstamp/USD , we are only $24 away from an ATH on Bitstamp!



Prepare the bottles of champagne.

[MahaRamana]

I am sorry to spoil the party but...
s we are approaching all time high, the transaction fees are spiking as well !

https://bitcoinfees.info/

We have now just broken through 50 cents per tx for the 3 blocks fee !

The network is bloated and reacts to the bloat by an increase of transaction prices to try to limit the increase in transactions.

That's NOT a good thing folks