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

[bitserve]

I've got a good sized stash of coins that I keep in cold storage, been buying & HODLING for years. I'm happy with my stash & plan to HODL for a good few years yet.

Would love to buy another 10-15 coins though but feels too much of a risk at these prices. Is anybody considering buying more at these prices? When I say more I don't mean 1 or 2.

Don't think I'm going to buy any more unless we go back to around $1000. Seems stupid saying that because I'm pretty sure we'll see $5000 in a couple of years.

Thoughts?

It all depends on your particular situation. For someone buying 10-15BTC could mean more than doubling their current stash, and for them that could be a risky investment to do while at ATH. I would at least wait for some dip/correction or do it gradually. Also, for someone that already have 1000+ BTC buying 10-15 would not change much....

If you were SURE that BTC will be $5000 in a couple of years, obviously you should buy as much as you could afford... But you are not really SURE, noone is. And even if you could somehow be absolutely SURE, you could still think that a correction could lower the price from what it is now... and buy there.

That said, yes, I consider buying some more, the same as I do consider selling some depending on the situation. I have my long term stash that I don't plan to touch in years, and a 20-40% that I trade regularly to keep increasing my main stash. I also sometimes add some fiats funds to my trading stash when I feel like and regularly keep moving profits to my long term stash.

I have never transferred any FIAT back so I would say I am still buying and have no plans to stop yet. But my new deposits are gradually being less and less in comparison to my ever increasing stash value.

In the end of the day, you are on your own.

[Paashaas]

Speaking of those who hodled through the grim years of 2014/2015, I just want to say I'm in awe of you guys, your patience, your endurance and your vision.  I hope you're all rich now, you bloody deserve to be!!

I'm in Bitcoin since 2013, making money was never my main goal.

Financial freedom means a lot more to me, stepping out from this Zionist-Jew Pyramide Ponzi Fiat Debt Slave Banking System is i think one of the most important things we can do and Satoshi gave uss Bitcoin!

Yhea, it was rough times but i knew Bitcoin will rise again, no problem. Of course making profits is nice in fact i'm sitting on a shit tons of profits which is very nice indeed.

When i think about it what i've seen these years for bullshit;

- Gox, finex, Stamp hack and more
- Bad actors
- Fud
- China Bans
- Media declared Bitcoin ''dead'' for more than 100 times. I've seen walls of text with complete bullshit.
- Even more Fud
- Trolls
- Scams
- Co-worker, friends and even my own family thought i was losing grib on reality. Crazy Bitcoiner etc etc.
- Epic dumps

There will be more this is just popping out of my head.

[Mervyn_Pumpkinhead]

An Eth shill

ETH made me a nice profit in a years span. I sold more then a month ago and I haven't bought it back since. Too much of it is held up by polo and I'm uncertain if they aren't playing a game with funny money over there. I'll trade eth again when the market looks real again. Til then, there are a lot of cryptos out there to play with

[bitserve]

Saying "alts" is like saying "Europe".  There is a vast difference between Paris and Pristina

Really? And what is the difference between Paris and Pristina?

Pristina has what has been voted the ugliest building in the world


Meanwhile, Paris has this:

I see bubbles all over the first picture and a perfectly clear Head and shoulders figure on the second one.

What are you trying to say?

[soullyG]

Financial freedom means a lot more to me, stepping out from this Zionist-Jew Pyramide Ponzi Fiat Debt Slave Banking System is i think one of the most important things we can do and Satoshi gave uss Bitcoin!

...

- Co-worker, friends and even my own family thought i was losing grib on reality. Crazy Bitcoiner etc etc.

I don't think its because you are interested in Bitcoin 

[JimboToronto]

Another early but very good morning Bitcoinland.

Another day, another leg up, another ATH... currently $1575USD (Bitcoinaverage) and continuing to rise as I type.

How long can it keep going at this pace before a serious correction? It's nice to see small corrections as it goes up but this is crazy.

We all know this is largely being spurred by recent legal changes in Japan but is it also part of a greater global adoption? Is the s-curve finally nearing the point of going vertical?

[Gyrsur]

We all know this is largely being spurred by recent legal changes in Japan but is it also part of a greater global adoption? Is the s-curve finally nearing the point of going vertical?

yes, when we will have a solution for scaling activated in BitCoin later this year or next year we will go vertical.

at the latest after the next halfing in 2020.

http://www.bitcoinblockhalf.com/

[Meuh6879]

I prefer this : http://www.thehalvening.com/



They need to build more boooooooooooooooooooooooooooooooooooooooster ...  

[bitserve]

We all know this is largely being spurred by recent legal changes in Japan but is it also part of a greater global adoption? Is the s-curve finally nearing the point of going vertical?

yes, when we will have a solution for scaling activated in BitCoin later this year or next year we will go vertical.

at the latest after the next halfing in 2020.

http://www.bitcoinblockhalf.com/

^^^ This

All my investment in Bitcoins is based on a target price of around $10.000 for 2020. Maybe I am right or maybe I am not, but all that I am doing now I am doing it taking into account a decent probability of that target price in that time lapse.

Also, It is not that I plan to cash out when that happens, but it is also my bet that by that time, if the prediction has been fullfilled, I would be able to directly spend from my BTC stash for my everyday purchases.

And I also bet that this is exactly the "plan" of most people around here. Am I wrong?

[megashira1]

What price does BTC have to hit in order to obtain mainstream media coverage? Once this happens the sky is the limit. I remember getting in on the last parabolic rise due to seeing it everywhere in the media.

[YourMother]

I remember for a sustained period a couple of years ago there were dozens of posters laughing at us, mocking 'bag holders' as the price dived all the way back into the $200's.

Who's laughing now!

On a serious note, i had a ton of fun trolling the fuck out of you guys with my colleagues NotLambChop, Fonzie, the great prof. Stolfi and the rest. Somebody had to do it

[Torque]

All my investment in Bitcoins is based on a target price of around $10.000 for 2020. Maybe I am right or maybe I am not, but all that I am doing now I am doing it taking into account a decent probability of that target price in that time lapse.

Also, It is not that I plan to cash out when that happens, but it is also my bet that by that time, if the prediction has been fullfilled, I would be able to directly spend from my BTC stash for my everyday purchases.

And I also bet that this is exactly the "plan" of most people around here. Am I wrong?

When I first invested in Bitcoin, I told myself that one of three things had to happen first before I started to take advantage of my investment:

1) 7 years have passed (target: 2020)

2) A minimum of $5K/btc (stable exchange rate, not just a brief peak)

3) I can buy the house of my dreams directly with bitcoin and no middle man. Also merchant adoption everywhere in the world, and all major online merchants.

None of these conditions have happened yet, so we'll see how it goes. Still waiting...

[Gyrsur]

We all know this is largely being spurred by recent legal changes in Japan but is it also part of a greater global adoption? Is the s-curve finally nearing the point of going vertical?

yes, when we will have a solution for scaling activated in BitCoin later this year or next year we will go vertical.

at the latest after the next halfing in 2020.

http://www.bitcoinblockhalf.com/

^^^ This

All my investment in Bitcoins is based on a target price of around $10.000 for 2020. Maybe I am right or maybe I am not, but all that I am doing now I am doing it taking into account a decent probability of that target price in that time lapse.

Also, It is not that I plan to cash out when that happens, but it is also my bet that by that time, if the prediction has been fullfilled, I would be able to directly spend from my BTC stash for my everyday purchases.

And I also bet that this is exactly the "plan" of most people around here. Am I wrong?

[ft73]

900BTC buy wall @1565$ on Bitstamp  

[spooderman]

holy wall bitstamp!

[bitserve]

900BTC buy wall @1565 on Bitstamp 

Please try to keep on topic.

[ft73]

900BTC buy wall @1565 on Bitstamp  

Please try to keep on topic.

Sorry, i was running out of images and memes  

EDIT: aaaaaaaaaaand they're gone

[bitserve]

900BTC buy wall @1565 on Bitstamp  

Please try to keep on topic.

Sorry, i was running out of images and memes  

Ok, Ok. Maybe next time

About the wall... It's pulled atm, it looks like someone is playing... I don't see why. The price is perfectly ok where it is right now until next week. There's no need for another pump yet. Maybe even a little correction ($50) would be healthy.

Maybe it is some whale signaling to others that if they dare to dump he will buy right into it. Donno.

I would prefer the price remain at this level and resume the rise next week. No hurry guys.

[Gyrsur]

900BTC buy wall @1565 on Bitstamp  

Please try to keep on topic.

Sorry, i was running out of images and memes  

Ok, Ok. Maybe next time

About the wall... It's pulled atm, it looks like someone is playing... I don't see why. The price is perfectly ok where it is right now until next week. There's no need for another pump yet. Maybe even a little correction ($50) would be healthy.

Maybe it is some whale signaling to others that if they dare to dump he will buy right into it. Donno.

I would prefer the price remain at this level and resume the rise next week. No hurry guys.

guess the target is $2000 until we will see a larger correction.

[spooderman]

the spread on exchanges is insane right now.

i'm treating stamp as the real price as always.