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

[Okurkabinladin]

Stable value of bitcoin for days... I don't like it!

Either get a big pump or a little dump, but at least lets have something. But of course, I prefer a big pump!

Tell me private,

how do you define "little dump". 1000? 800? Lower? 

It is remotely possible, that we will overshoot to 1500 in this move. Yet, why should we? There was no market capitulation, scaling wasnt really resolved, chinese are still paralyzed and bitfinex is close to insolvency.

Bitcoin while performing quite well in all those year is not exempt from the laws of physics.

[bitebits]

[...] There was no market capitulation, scaling wasnt really resolved, chinese are still paralyzed and bitfinex is close to insolvency.

Bitcoin while performing quite well in all those year is not exempt from the laws of physics.

Indeed. So the market currently considers more weight to Bitcoin being an open, borderless, decentralized, permissionless, peer-to-peer network.

And on a longer time scale proven to be a great store of value, under your own control.
(even though rumor goes there are still today legendary members, already burned once or twice, writing walls of text about some infallible money making strategy^tm, storing their private keys at multiple third parties)

[JayJuanGee]

[...] There was no market capitulation, scaling wasnt really resolved, chinese are still paralyzed and bitfinex is close to insolvency.

Bitcoin while performing quite well in all those year is not exempt from the laws of physics.

Indeed. So the market currently considers more weight to Bitcoin being an open, borderless, decentralized, permissionless, peer-to-peer network.

And on a longer time scale proven to be a great store of value, under your own control.
(even though rumor goes there are still today legendary members, already burned once or twice, writing walls of text about some infallible money making strategy^tm, storing their private keys at multiple third parties)

Are you referring to anyone in particular in your small text? 

I agree with your overall point in the large text, yet why do you believe that it would be necessary (or even a related topic) to raise your small text digs?

Do you have difficulties accepting that there can be varying approaches, strategies and views about bitcoin?  Or, you just feel good if you can denigrate others who may have differing views from you in one way or another?

[bitebits]

Are you referring to anyone in particular in your small text?

No not really, just a rumor.

Do you have difficulties accepting that there can be varying approaches, strategies and views about bitcoin?  Or, you just feel good if you can denigrate others who may have differing views from you in one way or another?

No not at all. Do you?

[...] I would surmise that even a large majority of the big blockers realize that they are just spouting off bullshit [...]
[...] the smarter big blockers likely don't even believe their own bullshit.[...]
[...] We also know that a large number of these big blockers have been propagating this big blocker nonsense for nearly two years and even a little bit before [...]
[...] Surely through the past couple of years big blocker nonsense has been able to contribute to causing some loss of confidence in bitcoin [...]
[...] big blocker saboteurs [...]
[...] the superiority of the seg wit solution [...]

[d5000]

Stable value of bitcoin for days... I don't like it!

Either get a big pump or a little dump, but at least lets have something. But of course, I prefer a big pump!

I like the short-time price evolution on Bitstamp. We could soon reach $1252 and then break out of the 30-day Donchian channel, that could give a boost up to $1280-95 - the last price level where we stood for more than some minutes.

Bitfinex is moving in the opposite direction, but that could be actually bullish ... if it's a sign that traders are slowly regaining confidence in the exchange.

[JimboToronto]

Good morning Bitcoinland.

Still chugging along sideways trying to pass $1250... currently $1249USD (Bitcoinaverage).

After a half a week of consolidation at these levels it seems like time to move on up.
____

Are we at $800 yet?  
____

Edit: 1000 coin ask wall just appeared on Stamp.

LOL Looks like someone really wants to try to keep the price under $1200.

Will it be eaten or just pulled as usual?

[york780]

Good morning Bitcoinland.

Still chugging along sideways trying to pass $1250... currently $1249USD (Bitcoinaverage).

After a half a week of consolidation at these levels it seems like time to move on up.
____

Are we at $800 yet?  

Bbutt $800 promised by lots of people :-( I have sold everything at $875 because it would go down to $800. They promised!!   Looks like $1400 at the end of the month. I bought my first 4 digits bitcoin today guys! It felt great. It means that BTC recovers once again. I really hope to buy some 5 digits coin soon.

[Ted E. Bare]

We're getting at the 1000 wall. This should be fun to watch. Poor bearwhale.

[JimboToronto]

And just like that, the 1000 coin intimidation ask wall on Stamp was pulled. Surprise, surprise. 

[york780]

Who sold at the bottom?

[Ted E. Bare]

Who sold at the bottom?

[gentlemand]

Do we even have bottoms any more? I can't really recall seeing a juicy one for quite some time. Maybe I'm not looking close enough.

[Qartada]

Do we even have bottoms any more? I can't really recall seeing a juicy one for quite some time. Maybe I'm not looking close enough.

There are some little ones, like the recent dip to about $1200.  But to profit from the bottoms recently, you'd have to be some kind of mental day trader with zero patience and a package of 400 trading bots.  Still, the period of stability hasn't been a really long time.  Could always change soon.

[JimboToronto]

Do we even have bottoms any more? I can't really recall seeing a juicy one for quite some time. Maybe I'm not looking close enough.

It went all the way down to $1199 at Stamp a couple of days ago. Does that count?  

Someone must have sold for that price.

Realistically, we haven't had a real buying opportunity for a month.

[noobtrader]

Do we even have bottoms any more? I can't really recall seeing a juicy one for quite some time. Maybe I'm not looking close enough.

It went all the way down to $1199 at Stamp a couple of days ago. Does that count?  

Someone must have sold for that price.

i have to admit that i sold some, but profit is profit and now i have zero risk. 

[Karartma1]

To sell is not something we have in our dictionaries.
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[bitserve]

Are you guys aware that today we reached an ATH global market cap for all crypto of 30 Billion?

It's the first time that there is enough liquidity in the altcoin market (10 billion) to extra pump the next Bitcoin rally whenever it happens.

On another note, Litecoin is almost on the verge of locking in Segwit, which would not only be great for Litecoin, but also for Bitcoin in the medium/long term.

The scaling issue is the only relevant matter that is holding BTC price at this moment, I can only dream what will happen when the issue becomes a non issue anymore.

[bartolo]

Can we reach the $1300 in coming days? If Litecoin finally decides to adopt Segwit can this affect the price of bitcoin too? Can people think that the end of the scalability debate would be closer and could raise the bitcoin price thus?

[JayJuanGee]

Do you have difficulties accepting that there can be varying approaches, strategies and views about bitcoin?  Or, you just feel good if you can denigrate others who may have differing views from you in one way or another?

No not at all. Do you?

[...] I would surmise that even a large majority of the big blockers realize that they are just spouting off bullshit [...]
[...] the smarter big blockers likely don't even believe their own bullshit.[...]
[...] We also know that a large number of these big blockers have been propagating this big blocker nonsense for nearly two years and even a little bit before [...]
[...] Surely through the past couple of years big blocker nonsense has been able to contribute to causing some loss of confidence in bitcoin [...]
[...] big blocker saboteurs [...]
[...] the superiority of the seg wit solution [...]

Denigrating big blockers is not denigrating others, it is denigrating the ideas and the various bullshit spam trolling methods that sometimes are employed to spout out big blocker nonsense.

Although maybe I could denigrate Roger Ver or Jihan Wu - but those denigrations would not necessarily be about them specifically but instead about their various ideas and tactics and whining and sabotaging.

Contrary, your small print seemed to have been targeted at a specific person.. but you suggest it is rumor... hahahahaha

[Ted E. Bare]

Last chance to buy under 1250?