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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372418 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
yefi
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March 02, 2017, 06:29:33 PM

* yefi waves goodbye to Gox forever. Au revoir Mark!  Kiss
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Lauda
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March 02, 2017, 06:32:15 PM

Was that little $20 dip the correction after that steep run up?

I'm sure we'll see a real correction fairly soon but then again it has been self correcting as we go lately.
I think it's correcting itself on the way up. You need to closely watch the price on Bitstamp in 30-60 minute intervals. This however does not mean that there won't be another movement down. I'd be fine with sticking at $1250 for a few days.

* yefi waves goodbye to Gox forever. Au revoir Mark!  Kiss
Yes! I hope that disaster won't mentioned anymore.

strawbs
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March 02, 2017, 06:35:46 PM

Looking at depth charts on the exchanges shows just how few coins there are for sale. Once mainstream media start reporting on the ATH, parity with gold, etc. then the potential upward price movement could be staggering. Such media reports tend to be about three days behind events here in bitcoinland from my experience.
JimboToronto
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March 02, 2017, 06:43:52 PM

Was that little $20 dip the correction after that steep run up?

I'm sure we'll see a real correction fairly soon but then again it has been self correcting as we go lately.
I think it's correcting itself on the way up. You need to closely watch the price on Bitstamp in 30-60 minute intervals. This however does not mean that there won't be another movement down. I'd be fine with sticking at $1250 for a few days.

There we go.

Gotta love self-correction.

We don't need no stinking bubbles.

 Cool
bitcoinvest
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March 02, 2017, 06:50:25 PM

Would be unfair not to mention that just now in Greece i read article to online news website that has many many viewers,

with title "THIS IS the most expensive CURRENCY OF THE WORLD! Surpassed in value and gold" !!

More European websites have started to mention the rally !!  
spooderman
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March 02, 2017, 07:01:36 PM

this is February 2013 amirite?
JimboToronto
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March 02, 2017, 07:02:48 PM

this is February 2013 amirite?

Confirmed.
Karartma1
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March 02, 2017, 07:06:16 PM

this is February 2013 amirite?

Confirmed.

sure

https://bitcoinmagazine.com/articles/january-2013-bitcoin-news-roundup-1360089070/
fichtn12345
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March 02, 2017, 07:09:21 PM

this is February 2013 amirite?

Confirmed.

Confirmation confirmed.  Shocked
Searing
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March 02, 2017, 07:11:39 PM

Hey! You! On the plains of fiat land. It's us conquering mt. Gox, the gold mountain.

And you Yahoo!'s on the fiat plains, said it couldn't be done!

(Sticks out tongue 👅 to make huge raspberry psssssssst)

Lamer's

Searing
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March 02, 2017, 07:16:15 PM



Laughing ass off on above. BFL Final ship date Feb 2013. My Jally showed up Oct 31st 2013!

Lots of stuff to forget in 2013 than BTC ATH!
matt4054
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March 02, 2017, 07:27:58 PM

this is February 2013 amirite?

Did they turn on the new Willy already?
JimboToronto
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March 02, 2017, 07:31:49 PM

this is February 2013 amirite?

Did they turn on the new Willy already?

Willy was November 2013, not February.
____

There's that Stamp bidwall again. LOL

This time it barely lasted seconds.
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March 02, 2017, 07:41:55 PM

There we go.

Gotta love self-correction.

We don't need no stinking bubbles.
 Cool
As much as I love to see the price go up, I'd rather it go up in a steady climb. In that case it is less prone to 'crashing' back down and less volatile. I keep bitcoinity open and check the volatility rates occasionally.

There's that Stamp bidwall again. LOL

This time it barely lasted seconds.
It is most certainly a strange $1+m being moved up and down. My theory is that if the SEC is planning on accepting the ETF, they would be buying Bitcoin up to the approval itself.
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March 02, 2017, 07:43:16 PM

Forget an ATH and "gold parity", the true crazyness of today: BTC-e almost at the same price as Stamp and Finex.  Grin
rjclarke2000
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March 02, 2017, 07:44:10 PM

None of my friends have mentioned bitcoin to me recently.

Now...these are the friends I was boring back in 2013/14 about it and when the shit hit the fan and it dropped to $200 I bought them all up. My friends know this.

This has all happened and not one of my mates has asked or text me about bitcoin.

Is this because:-

A. They all know the price now and don't want to talk about it as they feel sick knowing they laughed and made jokes.

B. They haven't even heard the news as the media have hardly reported on it.

C. They hate me and never liked me in the first place bitcoin or no bitcoin.
spooderman
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March 02, 2017, 08:00:38 PM


ok that's 2 confirmations. should be ok to spend my assertion now.
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March 02, 2017, 08:07:18 PM

Forget an ATH and "gold parity", the true crazyness of today: BTC-e almost at the same price as Stamp and Finex.  Grin

The real interesting question is what is actually happening when the price of bitcoin skyrockets:  Let's use a wild example and say bitcoin went to $100,000.  This would be inflating the general money supply assuming people were buying things directly with bitcoin.  You are placing in a dollar substitute, kind of like counterfeiting (not the greatest term, but best example I could think of).  The overall effect is more money in the system.

Since nobody is buying things with bitcoin directly, it remains a derivative of the USD like almost all other fiat currencies.  This also makes bitcoin constrained by things like dollar liquidity shortages, etc, where federal reserve monetary policy is essentially bitcoin monetary policy.
willope
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March 02, 2017, 08:07:45 PM

None of my friends have mentioned bitcoin to me recently.

Now...these are the friends I was boring back in 2013/14 about it and when the shit hit the fan and it dropped to $200 I bought them all up. My friends know this.

This has all happened and not one of my mates has asked or text me about bitcoin.

Is this because:-

A. They all know the price now and don't want to talk about it as they feel sick knowing they laughed and made jokes.

B. They haven't even heard the news as the media have hardly reported on it.

C. They hate me and never liked me in the first place bitcoin or no bitcoin.

haha same here. I entered in bitcoin world in nov. 2013, and bought my first bitcoin on the top. Ande then lost in cuz I've been goxed.
But then I was more cautious, bought almost all of my stash at 200$.
Now all of my friends and family regrets that they didn't invested back then.
And some are asking me to invest their money now  Grin And I'm like: Really do you want to be the fool who buys on the top and sells at the bottom? And they still want to invest...
pukis
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March 02, 2017, 08:07:53 PM

None of my friends have mentioned bitcoin to me recently.

Now...these are the friends I was boring back in 2013/14 about it and when the shit hit the fan and it dropped to $200 I bought them all up. My friends know this.

This has all happened and not one of my mates has asked or text me about bitcoin.

Is this because:-

A. They all know the price now and don't want to talk about it as they feel sick knowing they laughed and made jokes.

B. They haven't even heard the news as the media have hardly reported on it.

C. They hate me and never liked me in the first place bitcoin or no bitcoin.

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