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

[Torque]

Wow, and here I was thinking that if we ended 2017 @ ~1600 it would be a great year.

Now at 1480 and the year is hardly half over yet.

Is anyone else getting that "Somebody knows something" feeling? I sure am.

[edgar]

This is getting rediculous. I'm starting to feel that selling a good part of my stash a while ago wasn't the great idea I thought it was at the time

Welcome to our house.. The only one on the block, with its very own TORTURE CHAMBER!!


therektoning

[orpington]

Pretty hard to BTFD when there's no dip.

I can't even remember the last time there was a fucking dip.

[600watt]

I'll take 2 for me too pls.

gentlemen, this is sandwich

[bitserve]

[BDO_44]

massive correction is near, prepare your butts and orders 

[spiderbrain]

I'll take 2 for me too pls.

gentlemen, this is sandwich

That was so funny I had to log in for the first time in ages =D

[podyx]

[Zicore47]

Pretty hard to BTFD when there's no dip.

I can't even remember the last time there was a fucking dip.

I know right? And that's true not only for bitcoin.

[spiderbrain]

massive correction is near, prepare your butts and orders  

Yup, keep that bearish sentiment up, we need this momentum to last a little longer

Alternatively, 1000 coins to 2k, anyone?

[Elwar]

I'm not sure if this is because people see that there are those on Bitfinex willing to pay a lot more for bitcoins and so they also believe they should pay a lot more on other exchanges.

The correction will likely come when Bitfinex gets its withdrawals back up and running or they go under.

As much as I like the rise in price, it certainly makes me nervous. If we held near this price for a month before slowly moving up again I would be quite pleased.

[toknormal]

The next correction will be down to $3k from a $6k spike.

[Ted E. Bare]

[kludzins]

You know what happens next 

[Paashaas]

Bitcoin Exchanges Multiply in Japan as Demand from Institutional Investors Rises 

https://news.bitcoin.com/bitcoin-exchanges-japan-demand-institutional-investors-rises/

[bartolo]

$1463 now, even with a $100 correction the price would be above $1350. Reading the news about the bitcoin exchanges in Japan I wouldn´t be suprised if we hit $1500 soon. I guess it won´t take much time to see the "China is going to ban Bitcoin" or "Bitcoin is going to fork" again.

[Cassius]

https://www.reddit.com/r/Bitcoin/comments/68muot/17k_bitfinex_contracts_short_starting_at_1600_if/

Anyone have any insight on this? Not sure if it would be an epic short squeeze or whether Finex is too disconnected from reality now.

[European Central Bank]

I remember reading somewhere that 1600 figure has now moved up, but maybe that was a shorter. Shorting seems kinda quaint at the moment.

[Cassius]

I remember reading somewhere that 1600 figure has now moved up, but maybe that was a shorter. Shorting seems kinda quaint at the moment.

Probably. Draw attention to it and it's going to move up.
Presumably at some point there will be a classic FOMO spike. If it happens fast enough and hits the threshold there will be a cascading short squeeze, which will indeed be epic. Forget the moon, that would be slingshot effect to Jupiter stuff.

[Torque]

Are you saying that it's too late to trade all my BTC for DOGE?!?!?!?

Damn... just damn... missed the boat again    

First time was during that NASCAR stuff. Man, just look at all the industry adoption of DOGE since then!

^{Oh wait...}