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

[bitserve]

FUCK YEAH !

$1,900 USD/BTC !

WEW LADS !!!!

Soon.

[marcus_of_augustus]

Back into ATH territories ... raging bull market continues after a relatively shallow correction on the medium term perspective.

A rapid rise to $2000 seems like the next upside target ... 

[bitserve]

FUCK YEAH !

$1,900 USD/BTC !

WEW LADS !!!!

Soon.

And here we go!

[bitserve]

Back into ATH territories ... raging bull market continues after a relatively shallow correction on the medium term perspective.

A rapid rise to $2000 seems like the next upside target ...  

Not too hard... 948 BTC to $2040 at Bitstamp

Edit: 855 now... and Ripple on the verge of breaking support for a big dump

[arklan]

1907 and climbing on stamp. yea... this is going into crazy bubble territory.

[bitserve]

1907 and climbing on stamp. yea... this is going into crazy bubble territory.

Not yet... It will be when we rise a couple hundreds in minutes... until then it's just healthy organic grow

I am not sure if I am making more money on my BTC or on my XRP short I opened yesterday.... Nah, more on BTC as I have much more than the play money I gambled against XRP... but this is gentleman anyways

[EatonABooger]

stop saying the "B" word....

[VC George]

1920$ at preev & I wouldn't call this a "natural growth" I mean c'mon we've been around long enough to see what organic really means (a couple of bucks maybe 10$ per day) but that's something else. I really hope it's a bubble as Bitcoin will stagnate if we fall back to 840$ (in $ terms not in growth) and people will be back to normal (trying to utilize Btc in more areas etc).

Ps: I really hate paying 3$ fees when I want to send just 1$

[bitserve]

1920$ at preev & I wouldn't call this a "natural growth" I mean c'mon we've been around long enough to see what organic really means (a couple of bucks maybe 10$ per day) but that's something else. I really hope it's a bubble as Bitcoin will stagnate if we fall back to 840$ (in $ terms not in growth) and people will be back to normal (trying to utilize Btc in more areas etc).

Ps: I really hate paying 3$ fees when I want to send just 1$

Are you aware that a $100 rise at this heights it's only a 5% increase in price? Were you around in 2013 when price had swings of around 30% in minutes?

Just saying....

Just out of curiosity... what do you use Bitcoin for when you do send $1?

[Biro Bob]

$1900+ at Stamp! This is Gentlemen!

[VC George]

1920$ at preev & I wouldn't call this a "natural growth" I mean c'mon we've been around long enough to see what organic really means (a couple of bucks maybe 10$ per day) but that's something else. I really hope it's a bubble as Bitcoin will stagnate if we fall back to 840$ (in $ terms not in growth) and people will be back to normal (trying to utilize Btc in more areas etc).

Ps: I really hate paying 3$ fees when I want to send just 1$

Are you aware that a $100 rise at this heights it's only a 5% increase in price? Were you around in 2013 when price had swings of around 30% in minutes?

Just saying....

I wasn't lucky enough to be around at 2013 and certainly if I saw 30% ups & downs I would freak out
I got to know Bitcoin at November 2015 when it was around 260$ and tried to follow the whole situation up until December 2016, after that point I've been hoping we're going to get back to the 840$ mark (where miners start to profit) somehow like it happened with the first bubble when we landed just bellow the last miners profit mark (420$).

[European Central Bank]

I wasn't lucky enough to be around at 2013 and certainly if I saw 30% ups & downs I would freak out

don't count on those percentages not coming back some day. it's pretty steady right now but who knows what the market has planned for us?

[lightfoot]

1900? HOLY FUCKING CRAP!

Ah yes, this is a nice feeling. When and where is the party?

[bitserve]

1900? HOLY FUCKING CRAP!

Ah yes, this is a nice feeling. When and where is the party?

Oh yeah, almost forgot.... when is the $1000 party?

[deepcolderwallet]

Another fine good morning Bitcoinland.

We had another "correction" back down under $1800 and another small leg up... currently $1869USD/$2540CAD (Bitcoinaverage).

It's been exactly a week since our last ATH. It's about time for another.

Go Bitcoin go.

Jimbo, the Bitcoin Prophet!

[deepcolderwallet]

http://www.zerohedge.com/news/2017-05-18/brazil-stock-market-halted-after-plunging-10-what-happens-next

Last week Bitcoin's price was 6,000 BRL.
Today we had 10,000 BRL transactions at some exchanges.
Source: bitvalor.com

[yefi]

1920$ at preev & I wouldn't call this a "natural growth" I mean c'mon we've been around long enough to see what organic really means (a couple of bucks maybe 10$ per day) but that's something else.

Some have been around long enough to know that applying linear rules isn't very wise.

[Paashaas]

Regarding TX fees, is it really such a huge problem? It's barely used as a currency as of now.

There are scaling solutions obviously so in the future, it's not a worry.

People see Bitcoin more as a store of value, for them higher fee's is not a major problem. Of course that needs to be fixed for lower tx.

[JimboToronto]

1920$ at preev & I wouldn't call this a "natural growth" I mean c'mon we've been around long enough to see what organic really means (a couple of bucks maybe 10$ per day) but that's something else.

Some have been around long enough to know that applying linear rules isn't very wise.

Hear hear. We're barely catching up to where we would have been without a devastating week-long correction.

This is just normal growth, hardly a "bubble".

Look at the long-term log chart.

[marcus_of_augustus]

$2000 is an interesting number in human psychology and pricing theory because of Benford's Law.

Humans have a tendency to 'box' numbers in a base-10 logarithmic way. Any random sample of human-generated statistics generally adhere to Benford's Law ... so typically once out of the "ones" things tend to rise much quicker. Think of it like "1 thousand" seems like a big difference from "five hundred" but one thousand to two thousand, not so much ... yet both are doublings. Then once you're into the two thousands it's just a hop skip and a jump to 3, 4 and 5 thousands ... until 10,000 that seems like a long way away.

It tends to be most accurate when values are distributed across multiple orders of magnitude.

I think this applies to bitcoin pricing, scale invariance.