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

[JohnUser]

Almost 1100$. 

Good recovery. Only $250 more to go

1350$ ? Its a long way with that f*cking HF btcu/segwit talking

1200 would be nice and show them how strong btc is.

[simmo77]

Almost 1100$.  

Yes interesting that we are running up.

Enough technical and BTU talk, let's refocus this thread on price speculation.  Take the other talk to other technical forums!

I sold all of my trading stash a few days ago because of all the fork talk - first time I've done so in a loooong time.

Around 18 hours ago I bought back in. I didn't make much on the trade, increased my BTC holding by a little

Now that the ETH and DASH shenanigans seem to be over, it will be interesting to see what happens to the price over the next few days. How many people will cash out altogether with their profits?

[Ted E. Bare]

It is always the same pattern and I love it. Multiple weeks trending up, followed by a hefty short lasting dump back to almost the exact top of the previous uptrend, and repeat for the following uptrend. So we end up with higher prices consistently. Only those couple of days of hefty dumping I do not enjoy. New target $1500?

[Johnny00]

Almost 1100$.  

Yes interesting that we are running up.

Enough technical and BTU talk, let's refocus this thread on price speculation.  Take the other talk to other technical forums!

I sold all of my trading stash a few days ago because of all the fork talk - first time I've done so in a loooong time.

Around 18 hours ago I bought back in. I didn't make much on the trade, increased my BTC holding by a little

Now that the ETH and DASH shenanigans seem to be over, it will be interesting to see what happens to the price over the next few days. How many people will cash out altogether with their profits?

There are a lot more altcoins that will pump before BTC. ETH and Dash sold back to BTC, pushes the price up then mid tier alt coins will be pumped

[Elwar]

Even though it is a long way off, I can see the halving of 2020 doing the same thing to the price it did this year. If we don't have any down years between now and then I could easily see $5-10k going into early 2021.

That is why little dips here and there are just more opportunity to buy.

[york780]

Bitcoin is now batteling to restore its value of march 18. If bitcoin cant break trough this its a major bearish signal.

[simmo77]

Bitcoin is now batteling to restore its value of march 18. If bitcoin cant break trough this its a major bearish signal.

Its up around 4-5% today, give it some time.

[Dafar]

Definitely feel terrible for selling... im sorry bitcoin 

[becoin]

Bitcoin is now batteling to restore its value of march 18. If bitcoin cant break trough this its a major bearish signal.

There is a sea behind that mountain or there isn't!
See?!... I know everything!

[becoin]

Definitely feel terrible for selling... im sorry bitcoin 

Well, what can I say? Thank you very much for the cheap coins.

But don't worry. I'll sell half of them back to you next year when we hit $11,127.50!

[Morgenst3rn]

Bitcoin is now batteling to restore its value of march 18. If bitcoin cant break trough this its a major bearish signal.

I'm quite amazed how quick the price of BTC rose again after the mayor FUD during last Thursday - Sunday.
Has someone an idea how this happened despite the threat of a hard fork & the (new) rumors from China, regarding PBoC and regulations of the exchanges?

[aztecminer]

A compromise looks very likely 



But I feel bad for selling... if I buy back now I will pretty much be down 5 btc..... ugh...

don't even worry about it.. you can always buy back in at $1500 ..

[aztecminer]

Blocksize was never meant to be some resource that could be controlled by anybody.

Let Bitcoin scale already.

Make Bitcoin Great Again!

Finally, you make one out of three points that makes some sense.  

1mb blocksize limits is the current state of bitcoin.. that is correct, and bitcoin was not meant to be easily changed.  Therefore, 1mb blocksize limits seem to be the status quo going forward until there is some kind of convincing evidence and/or argument(s) that allows for it to be adapted in some kind of way, whether that is through seg wit or blocksize increases or any other "scaling" way forward.

What's your angle?

My angle meaning what?

I already stated what I thought, no?

In essence, I agree with any point that the current bitcoin system is established as a secure decentralized immutable way to store and transfer value.  If what bitcoin "is" is undermined by some kind of centralized system or manipulation or FUD that allows for such undermining of bitcoin "as it is", then that would be problematic.  

My angle remains that XT, Classic and now BU are either aimed or have effects that are attempting to undermine bitcoin "as is"... ... so we will see how all of that plays out, and whether bitcoin is going to be able to preserve its value in one form or another regarding a secure decentralized and immutable system that allows for the storage and transferring of value

Okay let's remove any possibility of ambiguity then.

Are you against increasing the transfer capacity of the bitcoin network, yes or no? Just yes or no.

no

So why do you want to stay at the current 1 MB? You can't have it both ways.

First of all.  You edited out my answer.  

Second of all, you are planting assumptions about my position based on information that I did not provide.

In other words, you are not really attempting to engage in any kind of meaningful interaction but instead wanting to disseminate your own talking points and to falsely attribute positions to others (isn't that called, creation of a strawman?)

well he does have a point.. it is hard to interact with people who want to stay at the 1MB block size for obvious reasons.

[Cassius]

Bitcoin is now batteling to restore its value of march 18. If bitcoin cant break trough this its a major bearish signal.

I'm quite amazed how quick the price of BTC rose again after the mayor FUD during last Thursday - Sunday.
Has someone an idea how this happened despite the threat of a hard fork & the (new) rumors from China, regarding PBoC and regulations of the exchanges?

I'm not sure something 'happened', more that panic sellers overcooked it, helped along by some strategic negative press. So this is more like reversion-to-mean than a fundamental turnaround. That sort of thing generally plays out more slowly, with the news providing noise in the short term.

[JayJuanGee]

Blocksize was never meant to be some resource that could be controlled by anybody.

Let Bitcoin scale already.

Make Bitcoin Great Again!

Finally, you make one out of three points that makes some sense.  

1mb blocksize limits is the current state of bitcoin.. that is correct, and bitcoin was not meant to be easily changed.  Therefore, 1mb blocksize limits seem to be the status quo going forward until there is some kind of convincing evidence and/or argument(s) that allows for it to be adapted in some kind of way, whether that is through seg wit or blocksize increases or any other "scaling" way forward.

What's your angle?

My angle meaning what?

I already stated what I thought, no?

In essence, I agree with any point that the current bitcoin system is established as a secure decentralized immutable way to store and transfer value.  If what bitcoin "is" is undermined by some kind of centralized system or manipulation or FUD that allows for such undermining of bitcoin "as it is", then that would be problematic.  

My angle remains that XT, Classic and now BU are either aimed or have effects that are attempting to undermine bitcoin "as is"... ... so we will see how all of that plays out, and whether bitcoin is going to be able to preserve its value in one form or another regarding a secure decentralized and immutable system that allows for the storage and transferring of value

Okay let's remove any possibility of ambiguity then.

Are you against increasing the transfer capacity of the bitcoin network, yes or no? Just yes or no.

no

So why do you want to stay at the current 1 MB? You can't have it both ways.

First of all.  You edited out my answer.  

Second of all, you are planting assumptions about my position based on information that I did not provide.

In other words, you are not really attempting to engage in any kind of meaningful interaction but instead wanting to disseminate your own talking points and to falsely attribute positions to others (isn't that called, creation of a strawman?)

well he does have a point.. it is hard to interact with people who want to stay at the 1MB block size for obvious reasons.

what is his point exactly?

Who gives a shit what I want?  It does not matter, and I am not saying what I want.  

I am merely saying that the big blockers are saying that they want something else.  They want bigger blocks, and I am following whatever there is.  

So don't be shifting this discussion into what I want because what I want does not matter.  

I am not proposing any change or arguing for a change, and the burden of production and the burden of persuasion remains in the hands of those who are advocating a change, and currently, those happen to be the big blocker goofballs who are advocating for raising the blocksize limit.

[Wexlike]

Definitely feel terrible for selling... im sorry bitcoin 

Dafar, you are currently too emotional when it comes to Bitcoin. Don't buy back at a loss. The price could easily swing back down to retest the 950$ bottom. Don't let the hardfork FUD impact you that much, it is the same story like it was in august 2015, when the price crashed from 270$ down to 170$(at Bitfinex). What I learned from that is: hardfork FUD is always a great buying opportunity.

I managed to catch the dip at 950$ and increased my trading stash by 25%. Now I am again at 15% profit. All coins are now back in cold storage, riding the swings for the next 12 months until they are taxfree again.

Obviously I was just lucky and I have no idea what I am doing.

[PaymyBills]

BTC rising again!

Great react, lets hit 1300 soon

[Torque]

Guys, what happened to Gold parity???

You said we would have Gold parity?? You said it was soooo important?? Guyzzzzz?  

[JimboToronto]

Good morning Bitcoinland.

I see we're still climbing smoothly back up from the depths of Jihan-induced panic and knocking on $1100's door... currently $1092USD (Bitcoinaverage).

That means we've  been above $1000 at some point for 48 consecutive days.

In the words of Mark Twain, reports of Bitcoin's death have been greatly exaggerated.

Guys, what happened to Gold parity???

You said we would have Gold parity?? You said it was soooo important?? Guyzzzzz?  

Soon come. Cool runnings.

[york780]

Can we please have some train gif's and meme's please