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

[adam440]

Come on developers! I think the price is just waiting and when SegWit and LN become activated, we will all buy Lambos  . But really, the price then should go ballistic...

[york780]

Fuck me in the eyes.  $1500 and running.

I know the minute I send a large wire... down she goes!

Not sure how anyone can call this a bottom, but I've been selling BTC like hot cakes for $2400-2500 on LocalBitcoins lately 

^BREAKOUT !!!! :-D $2000 now on BTC ~ hong kong ! gogogogogo

Good to see that gembitz is alive and kicking again. To the moon!

[Torque]

You guys wondering why this thread isn't like the old days, I'll tell ya.

There was a year that Bitcoin seemed to pump to the moon. Long time bitcoiners believed that it might actually be the start of what is inevitable 'S-curve' adoption. They felt euphoria and rejoiced. The time had finally come.

Then later they learned, painfully, that they had been deceived. The lesson was that, apparently with enough combined $$$$ and enough leverage, the world's whales can pump any small market to the moon.

Now they gaze on with a mix of bemusement and sadness as THE EXACT SAME THING is happening to the alt market. For they know that over in altlandia, there will eventually be tears.

You won't really be able to get the old timers excited about bitcoin again, as the market is really too big now to get pumped to the moon like in the past. A black swan event only happens once a decade or so. But it's not like +50%/year is anything to sneeze at, still spanks every other existing investment out there.

[gentlemand]

You won't really be able to get the old timers excited about bitcoin again, as the market is really too big now to get pumped to the moon like in the past. A black swan event only happens once a decade or so. But it's not like +50%/year is anything to sneeze at, still spanks every other existing investment out there.

I disagree. For better or worse the potential for pumpage is higher this time. There's a generation of hardened holders, there are better reasons to hold, there are more reasons to buy and fewer options to buy, exchange options seem to be contracting quite rapidly.

Look at the gaps opening between Bitstamp and GDAX and they're both fully functional. There's more money being pushed through narrower pipes. If there was ever full on FOMO again it would be more explosive. In the last few years there hasn't been a breath of that which is why it feels like it won't be returning. It will at some point.

Agreed about the alts though. People will be hosed eventually.

[Ted E. Bare]

If anything, throwing large sums of money at bitcoin should feel way more secure now than back then.
The overall trend is very strong and after each correction the the price ends up higher.

[Hyperjacked]

You won't really be able to get the old timers excited about bitcoin again, as the market is really too big now to get pumped to the moon like in the past. A black swan event only happens once a decade or so. But it's not like +50%/year is anything to sneeze at, still spanks every other existing investment out there.

I disagree. For better or worse the potential for pumpage is higher this time. There's a generation of hardened holders, there are better reasons to hold, there are more reasons to buy and fewer options to buy, exchange options seem to be contracting quite rapidly.

Look at the gaps opening between Bitstamp and GDAX and they're both fully functional. There's more money being pushed through narrower tubes. If there was ever full on FOMO again it would be more explosive.

Agreed about the alts though. People will be hosed eventually.

While most alts are scams and a way for dishonest devs to rob us...some will change the world IMHO !

The cream will rise to the top...

[BTCtrader71]

You won't really be able to get the old timers excited about bitcoin again, as the market is really too big now to get pumped to the moon like in the past. A black swan event only happens once a decade or so. But it's not like +50%/year is anything to sneeze at, still spanks every other existing investment out there.

I disagree. For better or worse the potential for pumpage is higher this time. There's a generation of hardened holders, there are better reasons to hold, there are more reasons to buy and fewer options to buy, exchange options seem to be contracting quite rapidly.

Look at the gaps opening between Bitstamp and GDAX and they're both fully functional. There's more money being pushed through narrower tubes. If there was ever full on FOMO again it would be more explosive.

^ This.

Just you wait until the central banks start buying btc in a big way. We ain't seen nuthin' yet.

[gentlemand]

While most alts are scams and a way for dishonest devs to rob us...some will change the world IMHO !

So will Bitcoin. That didn't stop countless thousands of people being raped by whales over a period of years, and they maybe still are in the process of being tickled up and down.

The quality of a project has nothing to do with how badly it'll burn freshly hatched greedheads.

[spooderman]

mybitcoinsareonlyworthwhattheywereworthafewhoursago.jpg

[droizs]

the desired correction coming?

[Elwar]

I think the old timer traders figured out that buying and hodling are better in the long run. Those that traded probably lost a lot of money because the early traders were amateurs. There were only a hand full of semi-professional traders early on.

[Ted E. Bare]

Another bear trap.

[becoin]

Who will sell at the bottom?

[york780]

You guys wondering why this thread isn't like the old days, I'll tell ya.

There was a year that Bitcoin seemed to pump to the moon. Long time bitcoiners believed that it might actually be the start of what is inevitable 'S-curve' adoption. They felt euphoria and rejoiced. The time had finally come.

Then later they learned, painfully, that they had been deceived. The lesson was that, apparently with enough combined $$$$ and enough leverage, the world's whales can pump any small market.

Now they gaze on with a mix of bemusement and sadness as THE EXACT SAME THING is happening to the alt market. For they know that over in altlandia, there will eventually be tears.

You won't really be able to get the old timers excited about bitcoin again, as the market is really too big now to get pumped to the moon like in the past. A black swan event only happens once a decade or so. But it's not like +50%/year is anything to sneeze at, still spanks every other existing investment out there.

Thanks for the history lesson torque. May money rain on you! God wills it ^^

[york780]

Who will sell at the bottom?

Lol this is the most weak beartrap I have ever seen in my whole btc trading life. Bottom? More like a move to a price of 6 hours ago xd. BTC cant be stopped and wont be stopped because its immutable. Its the ONLY thing in this world what is immutable. How much is that worth? Thats right, everything.

[bitserve]

If anything, throwing large sums of money at bitcoin should feel way more secure now than back then.
The overall trend is very strong and after each correction the the price ends up higher.

^^^ This.

I guess that almost everybody that have been into Bitcoin for some years now could have "invested" way much more on it, but we didn't because the risks were so high: Exchanges hacked, bitcoins lost, politics, chinesse........ Now we have developed a great resistance to all the FUD, there are several exchanges so that one going belly up is not that critical, have hardware wallets, etc etc....

Also, after all this years, including a big bear market that we have left behind, the risks are several orders of magnitude smaller. So the investment can grow accordingly.

[bitjanja]

Who will sell at the bottom?

Lol this is the most weak beartrap I have ever seen in my whole btc trading life. Bottom? More like a move to a price of 6 hours ago xd. BTC cant be stopped and wont be stopped because its immutable. Its the ONLY thing in this world what is immutable. How much is that worth? Thats right, everything.

Jesus motherfuking crist...

this place is so full of hardcore fanatics BTC extremists, that im beggining to get afraid. this mofos will even turn agressive on any "BTC is not god" opinion.

the "who is selling at the botton" meme is funny as fk too.  

[bitcoinvest]

to all this history rewind please don't forget that all the early adopters ( almost ) had an account in MtGox....
IF and when this will finish and we get some of our BTC back then the mood is going to change also
Most of the people that was there tried the next years to win some btc by trading alts...

[Okurkabinladin]

Who will sell at the bottom?

Lol this is the most weak beartrap I have ever seen in my whole btc trading life. Bottom? More like a move to a price of 6 hours ago xd. BTC cant be stopped and wont be stopped because its immutable. Its the ONLY thing in this world what is immutable. How much is that worth? Thats right, everything.

Jesus motherfuking crist...

this place is so full of hardcore fanatics BTC extremists, that im beggining to get afraid. this mofos will even turn agressive on any "BTC is not god" opinion.

the "who is selling at the botton" meme is funny as fk too.  

Keep calm, they are but drunk on over-leveraged positions and momentary profit, youd see how fast most of these guys would vanish, if their golden bull faltered.

Indeed, Bitcoin is not a God, but a tool. Now, entering bubble period. Just look for another thread, there is bazillion tonnes of wishful thinking in this one, depending on if gambler in question is short or long.

[bitserve]

the "who is selling at the botton" meme is funny as fk too.  

You did?!?!

Or maybe you didn't have anymore to sell on the dip?