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

[arklan]

holy shit, we boomed. what the hell happened last night?

[rjclarke2000]

holy shit, we boomed. what the hell happened last night?

It must be your doing!! Go back to sleep!

[arklan]

holy shit, we boomed. what the hell happened last night?

It must be your doing!! Go back to sleep!

i can't! i just got a job and it starts in the morning. sleeping now would mean not sleeping later. can't risk it!

you'll have to suffer.

[bartolo]

After a few days with Bitcoin and altcoins growing together it seems that Ethereum and Dash have stopped rising and the price of bitcoin has taken a good leap. I think now the best would be a consolidation and continue to rise at a slower pace.

[Meuh6879]

[JimboToronto]

I just got home but while I was out I noticed we hit $2002CAD according to Google. It's about time.



A small step up for Bitcoin, a giant leap forward toward luxurious comfort in my old age (and something to leave my nieces and nephews).

Go Bitcoin go.

[Meuh6879]

TIMBER !

[JayJuanGee]

am I the only one on the board who diversifies in Alts (large n small cap) while holding majority BTC?  Seems the way to go as a buy and holder

my BTC dominance has gone from 80% to 60%,  pretty much mirroring the actual BTC dominance

I bought a few early alts that were not that big of a deal to me but they have risen to the point where I check on them almost daily.

Though calculating it all, only one alt has done better than BTC and I would have been better off keeping them in BTC.


(LTC, PPC, NMC and Mastercoin for full disclosure).

^$ETC is going to hit .01 prolly today :-D #offtopic btc $2017

It has already 3x in the past few weeks, and we are going to get another 2x in a day?  Doesn't sound too plausible, but I suppose it is possible to attempt some catching up to ETH, no?

[pfrtlpfmpf]

I just got home but while I was out I noticed we hit $2002CAD according to Google. It's about time.



A small step up for Bitcoin, a giant leap forward toward luxurious comfort in my old age (and something to leave my nieces and nephews).

Go Bitcoin go.

I thought, i´ll spend the rest of my days under a bridge, but now,well. Let´s start a lambo thread.
Though i care more for nieces and nephews. But just a little more  

[bitserve]

Now it is very a good moment to use a ridiculous part of the profits to buy a hardware wallet anyone that doesn't already have one.

I will never cease to insist on the importance of this issue. Even if you are already using paperwallets you need to try hardware wallets if you haven't already done so. Really. You will thank me later.

I have the idea that the more people "invest" in hardware wallets the better for the price as it has some additional impact on how many Bitcoins are withdraw from the exchanges. Less supply on the exchanges is good and also makes additional pressure on exchanges not incurring in shady fractional banking with user's Bitcoin deposits.

* I am in no way affiliated with any of the manufacturers. Trezor or Ledger Nano S will both serve you well.

^^^

Excellent advice and everyone should take it.

Also, less money on exchanges = less of a panic drop in price when the next inevitable exchange hack happens.

Yep.

Some people think that spreading their bitcoins on several exchanges minimizes the risk of loss and while that is true in part, it does nothing against helping prevent fractional banking.

Also some people think that paperwallets are good enough and don't want to take a look onto hardware wallets for some reason or another. But they don't realize that hardware wallets are not only more convenient (less cumbersome) than paperwallets but also more secure as they avoid the necesary step of introducing the private key onto a computer when then time to retrieve the funds come.

A hardware wallet is a MUST for anyone with more than one single BTC. Maybe even for someone with less than that as I am almost sure that once he experiences the great usability it offers he will be encouraged to buy more BTC

Once hardware wallets become more mainstream the price will skyrocket.

[marcus_of_augustus]

Bitfinex has become a special kind of hell for shorts and fiat lovers ... imagine if you secretly hate BTC and have been using finex to short always holding profits in fiat ... now fiat transfers have been halted and BTC prices have shot up, your juicy shorts are now under water, only way to get any of those lovely fiat profits from shorting out of finex is to close your short (at a huge loss) by buying back BTC and then you have to buy BTC again (overpriced like crazy, lol) to move anything you have left off that place.

finex is the hell on earth that btc shorts deserve.

[bitserve]

Bitfinex has become a special kind of hell for shorts and fiat lovers ... imagine if you secretly hate BTC and have been using finex to short always holding profits in fiat ... now fiat transfers have been halted and BTC prices have shot up, your juicy shorts are now under water, only way to get any of those lovely fiat profits from shorting out of finex is to close your short (at a huge loss) by buying back BTC and then you have to buy BTC again (overpriced like crazy, lol) to move anything you have left off that place.

finex is the hell on earth that btc shorts deserve.

Well, one more pump and they won't have to worry anymore.

The few short positions that remain are probably quite close to be margin called. And that will be our next well deserved spike.

[Paashaas]

Look at all those future Bitcoin Elite of the world here 

[cmacwiz]

I don't have enough to be elite, but at least I feel comfortable enough to buy two sandwiches for lunch

[bitserve]

Look at all those future Bitcoin Elite of the world here  

Every time I hear that of the "Bitcoin Elite" I remember 'Loaded' and his 40.000+ BTC. I know he was already rich enough before investing in Bitcoin, but I tend to assume that, at this moment, it is his Bitcoin investment what has grown enough to now be the majority of his net worth... And at this rate he may be soon to reach the status of Bitcoin Billionaire.

I am finding some similarities in Bitcoin vs the early 20th century oil boom.

[bitebits]

I just got home but while I was out I noticed we hit $2002CAD according to Google. It's about time.



A small step up for Bitcoin, a giant leap forward toward luxurious comfort in my old age (and something to leave my nieces and nephews).

Go Bitcoin go.

Great meme Jimbo, and good news for you and your family. Let's enjoy it while it lasts  .

[MNDan]

I kinda wanna stay up for the Bitfinex short ass-pounding, but it's time for bed. $1800 by morning?

[Mervyn_Pumpkinhead]

I think that BTC will rise till the end of this week, so brace yourselves, posts with wet dreams of easy riches are coming.

[BlindMayorBitcorn]

I don't have enough to be elite, but at least I feel comfortable enough to buy two sandwiches for lunch

Two sandwiches. Like a king! 

[simmo77]

I don't have enough to be elite, but at least I feel comfortable enough to buy two sandwiches for lunch

Two sandwiches. Like a king! 

bitcoin holders these days

^ The fucking swagger on that bunny. 


Quick straw poll, if you'd be so kind.

With the spread of prices I'm curious...  Which source do you take your "current BTC price" from? 

An exchange -> which one? Bitcoinaverage? OTC Vendor price?

Thanks