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

[Meuh6879]

We make the history.
We, the people.
We, the network of Trust.

[ARTISTCOLONY]

https://68.media.tumblr.com/bc2d4245dea00d4b60047c3916888423/tumblr_mm5ez8AObT1ro8ysbo1_500.gif


SPACE AND BEYOND THIS IS WHERE WE GO FROM HERE $2500 CLOSEEE++

[Torque]

I can't help but thinking that this is going to end very badly. There have been minimal to no corrections since late 2015, with corrections becoming more and more minimal towards the current price. The price has risen 3x this year alone, and risen 11x since late 2015.

Who knows? But both 2013's high and subsequent hangover were excessive and that brutality was caused by factors that don't exist any more.

It's all still being made up as it goes along and visibility is ever growing. Still, if it's sub $1000 I'd be tempted to buy a little more.

Everyone talks about "healthy growth"

But there is something I don't understand...
Healthy growth on a product, whatever it is, means that the growth is backed by a growing demand and/or a diminishing supply. In general it will be backed by an increasing use.

Correct me if I'm wrong of course, but what exactly is explaining the btc doubling its price in a month?
Did we double btc use? Btc demand?

I don't see what's healthy in this growth. I can't say I hate it though of course, but I'm much more sceptical about the "healthy aspect".

If you are thinking of "healthy growth" as in droves of people are rushing to buy some bitcoin right now so they can turn around and buy a coffee with it, then you haven't really been paying attention to what is happening in the world lately.

More like "I trust Bitcoin as a store of value" more than "I trust PMs as a store of value".
^{(Hint: One of the two is heavily controlled and naked shorted by unscrupulous central banks. The other isn't.)}

[rjclarke2000]

SPACE AND BEYOND THIS IS WHERE WE GO FROM HERE $2500 CLOSEEE++

Are you the new crazy shouty guy? Nice to meet you.

[savetherainforest]

Panic!??  





I'm not sure this is the expected correction... Between 2550 < > 2650 it is supposed to be. But dunno now, maybe things change sometimes... anyway... lets just see what happens!    


(insert Joker throws stick at the ground for tryouts)

[PoolMinor]

Panic!??  





I'm not sure this is the expected correction... Between 2550 < > 2650 it is supposed to be. But dunno now, maybe things change sometimes... anyway... lets just see what happens!    



(insert Joker throws stick at the ground for tryouts)

[Elwar]

Is it just me or is the bitcoin actually going according to the graph of October to December graph of 2013?

At the end, we should remember what happened that time.

Looks more like the April/May 2013 one to me. So... double bubble $10K Bitcoin in 2018?

If that is the case expect a dip to ~$700 in the July month of your scenario.

That's exactly what I'm expecting.

But that could possibly happen in June, and a dip can be of ~$1000, in my opinion.

I saw it as well. Didn't want to say anything publicly to jinx it but you guys caught it.

October 2013 the price was $125 at the start. It doubled in a month to $250 in 2 weeks it was up to $500 a week later it doubled to $1000 then had the ATH within a few days before crashing.

So look at $1250 as our start. We have doubled in a month. Top could be as high as $12,500.

[Wekkel]

Two more doublings until $9,600. At this pace, on 14 June 2017.

[PoolMinor]

Is it just me or is the bitcoin actually going according to the graph of October to December graph of 2013?

At the end, we should remember what happened that time.

Looks more like the April/May 2013 one to me. So... double bubble $10K Bitcoin in 2018?

If that is the case expect a dip to ~$700 in the July month of your scenario.

That's exactly what I'm expecting.

But that could possibly happen in June, and a dip can be of ~$1000, in my opinion.

I saw it as well. Didn't want to say anything publicly to jinx it but you guys caught it.

October 2013 the price was $125 at the start. It doubled in a month to $250 in 2 weeks it was up to $500 a week later it doubled to $1000 then had the ATH within a few days before crashing.

So look at $1250 as our start. We have doubled in a month. Top could be as high as $12,500.

Thanks, you just jinxed it.

[bitserve]

Is it just me or is the bitcoin actually going according to the graph of October to December graph of 2013?

At the end, we should remember what happened that time.

Looks more like the April/May 2013 one to me. So... double bubble $10K Bitcoin in 2018?

If that is the case expect a dip to ~$700 in the July month of your scenario.

That's exactly what I'm expecting.

But that could possibly happen in June, and a dip can be of ~$1000, in my opinion.

I saw it as well. Didn't want to say anything publicly to jinx it but you guys caught it.

October 2013 the price was $125 at the start. It doubled in a month to $250 in 2 weeks it was up to $500 a week later it doubled to $1000 then had the ATH within a few days before crashing.

So look at $1250 as our start. We have doubled in a month. Top could be as high as $12,500.

But if we are really considering 2013 as a reference you must take into account both "bubbles". We would be in the first one, which would rise to around $6000 and then dump to $2000.... then the second bubble up to $20.000.

Of course we are not in 2013.

[bitjanja]

please somebody tell the KRAKEN trigger happy users to put a pencil in ear until it bleeds and stop dumping 

[notme]

please somebody tell the KRAKEN trigger happy users to put a pencil in ear until it bleeds and stop dumping 

Why not just buy their dumps?  If they are trigger happy it should work out well for you.

[leowonderful]

Just traders taking profits. Looks like nobody panics about these anymore, I remember back when price was more fragile and people freaked out about $30 price drops. Seems normal nowadays to drop a few hundred and break ATHs the next day, I like the trend.

[Meuh6879]

It's boring watching it flatline at $2,465 USD...

imagine this with SegWit accepted ...  

[jbreher]

My latest purchase I just received this morning. I think it is appropiate, in this times we are living, to remember some things from the recent (2007-2009) past.

In what seems a previous life, I once paid 1.0 BTC for ten assorted Zimbabwean notes. From a vendor here on BCT.org. Oddly, I don't begrudge the purchase in the least. The contrast is rather stunning.

[jbreher]

You guys are so rich now. It's embarrassing. I hope you're giving to the poor.

I never thought I would see so many millionaires and billionaires in the same discussion on a .public forum!!!.......    

If you look up a couple of posts, bitserve is a ten-trillionaire!

[jbreher]

https://coinmarketcap.com/exchanges/bithumb/

According to this one of the largest Korean exchanges has suspended withdrawals. Can anyone shed some light on this?

demand was too great they ran outta coins!!!  lmfao

So you mean they already sold OUR coins to cover the demand?

If you are not the sole controller of the private keys, you don't really own bitcoins.

[ARTISTCOLONY]

https://s-media-cache-ak0.pinimg.com/736x/e2/dc/87/e2dc873b333ed57a217ec87952e00198.jpg


omg ===> commies leading the way $2600 chinaaaaa      lols <<< weeeeeeeeeeee

[ARTISTCOLONY]

https://coinmarketcap.com/exchanges/bithumb/

According to this one of the largest Korean exchanges has suspended withdrawals. Can anyone shed some light on this?

demand was too great they ran outta coins!!!   lmfao

So you mean they already sold OUR coins to cover the demand?

If you are not the sole owner of the private keys, you don't really own bitcoins.

i own c++ book ===> btc going $3333 now this is it!!!!

[JimboToronto]

I see we had part 2 of our daily correction... total $130 (Stamp).

Already roaring back up.

Let's see if we can hit $2500 by morning.

Edit: already hit new ATH at Stamp.

Love those corrections followed by ATHs.