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

[bitserve]

Down to USD 2640 on Bitstamp.

Kind of glad ... would be good to hover a few days around that mark so we don't really have an artificial pump on our hands ;-)

really ?? lol

We'd go down faster if the pump just goes up like it did in 2013, and probably not even where we are now. Better to have at least semi-realistic artificial growth than a pump that lasts a few minutes.

what meakes you think that this pump is different than the '13 pump ? on chart it all looks the same bro ))

Go to bitcoinwisdom, change settings to logarithmic mode so that the graph is proportional, weekly chart, zoom out to have a full view...... Yeah, it looks similar, but, as you can see, it's just the beginning of it.

Of course not saying this is 2013, but that would be the right way to do the comparison.

[STT]

Bear market will come, they said.

This sentiment marked the end of a bear market, all factors must be placed correctly in the jigsaw for a full picture.  Its a mistake small traders often make I think, tunnel vision is bad, lack of experience etc.

The wall of worry they call this, its counter intuitively a bullish sign of a free market and possible appreciation.  Apparent doubt with underlying positives, such as the halving last year which was very fair to say was going to be delayed in its true effects.   Way too many threads at the time called the time of the block reward alteration as pivotal when its actually a gradual vice tightening type effect really.

http://www.investopedia.com/terms/w/wallofworry.asp

Anytime I see bitcoin charts and dynamics resembling wider markets I feel a bit more comfortable though its a bumpy ride

[deepcolderwallet]

We clearly have had different experiences of marriage.

How old are you and how old is your wife?

This is relevant, no need to look for excuses to get defensive.

Not defensive. Just aware this is very off-topic and supposed to be getting something constructive done. Unwilling to open a can of worms that - like bitcoin - is likely to be pre-settled in a person's mind rather than liable to be changed by discussion (or, as it happens, evidence - there's plenty of academic studies on it).
Since you asked, I'm in my late 30s and she's 3.5 years older than me.

Ok so she's too old to realistically leave and find someone else, and you likely got married before divorce court became what it is now. That's why you are happy to defend marriage. Your wife is TOO OLD for you to worry about her splitting with your shit.

For the rest of us, it doesn't take an academic study to figure out that getting married today is about the most self-destructive thing a man could do.

Are you the antichrist itself, Ibian?

[Coinnosaurus]

Down to USD 2640 on Bitstamp.

Kind of glad ... would be good to hover a few days around that mark so we don't really have an artificial pump on our hands ;-)

really ?? lol

We'd go down faster if the pump just goes up like it did in 2013, and probably not even where we are now. Better to have at least semi-realistic artificial growth than a pump that lasts a few minutes.

what meakes you think that this pump is different than the '13 pump ? on chart it all looks the same bro ))

Go to bitcoinwisdom, change settings to logarithmic mode so that the graph is proportional, weekly chart, zoom out to have a full view...... Yeah, it looks similar, but, as you can see, it's just the beginning of it.

Of course not saying this is 2013, but that would be the right way to do the comparison.

that's the most advanced analysis I've seen during the last few years , keep working , good job

[STT]

Actually Ibian's view is not rare, look at the population growth for major western countries.   Then maybe also the demographics within any population growth, sometimes its only the immigrants who marry and have children which leads to society tension possible.

Japan is dying off, China has a falling working population.   These factors do not underpin growth, eventually GDP will suffer even though its based on many factors developing not just available working population.     The view that people are the cause of problems, cost more then they are worth.  This is not a rare view,  Ibian is not the anti christ I can confirm, he is a normal person with a normal view and its an incorrect view imo.
   People represent growth, relevant to bitcoin we need people to use this crypto standard or it will not grow properly and the price is overblown.   A major market trader I follow called negative on bitcoin recently based off this, he does not like the failure to mainstream the crypto interest and as an indicator expects a reversion to mean ie. lower pricing eventually

[Bitcoinaire]

This is just the beginning of a super bubble. Happens every time post halving.

By the time bitcoin halves in 2020, will be ready for another which takes us to $500,000, or thereabouts....

[bitjanja]

so..... leaving aside macro-economics, demographics, and whatever other interesting stuff that diverts us from the more interesting RIGHT NOW, lets get back to the WALL OBSERVER & PRICE MOVEMENT topic mfkers

the huge correction is here... right?

haters gonna hate... but this moment looks pretty much it


dont u guys think?

EDIT: BTW, if u gonna get all excited about comparing 2013 rally in log chart.... i also advise looking at the proportion. According to this, we are not at the start of the rally, but very much at the end.

but who knows...

[Coinnosaurus]

This is just the beginning of a super bubble. Happens every time post halving.

By the time bitcoin halves in 2020, will be ready for another which takes us to $500,000, or thereabouts....

ARTISTCOLONY is that you ? did you bought the whole cannabis farm in California?

[European Central Bank]

the huge correction is here... right?

where? it'll be huge when it's back down to $1200-1500. right now there might be far more appetite.

[bitserve]

Down to USD 2640 on Bitstamp.

Kind of glad ... would be good to hover a few days around that mark so we don't really have an artificial pump on our hands ;-)

really ?? lol

We'd go down faster if the pump just goes up like it did in 2013, and probably not even where we are now. Better to have at least semi-realistic artificial growth than a pump that lasts a few minutes.

what meakes you think that this pump is different than the '13 pump ? on chart it all looks the same bro ))

Go to bitcoinwisdom, change settings to logarithmic mode so that the graph is proportional, weekly chart, zoom out to have a full view...... Yeah, it looks similar, but, as you can see, it's just the beginning of it.

Of course not saying this is 2013, but that would be the right way to do the comparison.

that's the most advanced analysis I've seen during the last few years , keep working , good job

If you want to compare apples to oranges that is the right way to do it. This is 2017 not 2013, and many things have changed in the echosystem (for good and for bad).

2013 was a 40x pump, 2017 has been a 2.5x atm.

[Torque]

Down and sideways for a few months would be an awesome sign actually.

[deepcolderwallet]

Actually Ibian's view is not rare, look at the population growth for major western countries.   Then maybe also the demographics within any population growth, sometimes its only the immigrants who marry and have children which leads to society tension possible.

Japan is dying off, China has a falling working population.   These factors do not underpin growth, eventually GDP will suffer even though its based on many factors developing not just available working population.     The view that people are the cause of problems, cost more then they are worth.  This is not a rare view,  Ibian is not the anti christ I can confirm, he is a normal person with a normal view and its an incorrect view imo.
   People represent growth, relevant to bitcoin we need people to use this crypto standard or it will not grow properly and the price is overblown.   A major market trader I follow called negative on bitcoin recently based off this, he does not like the failure to mainstream the crypto interest and as an indicator expects a reversion to mean ie. lower pricing eventually

I feel relieved to know.

[bitjanja]

the huge correction is here... right?

where? it'll be huge when it's back down to $1200-1500. right now there might be far more appetite.

yeeh... it hasnt happened yet.

im more asking for gut feelings. For me, it may happen very shortly

But what do you think.. predict a "top" before a big correction movement.

my prediction: It has already topped

[Coinnosaurus]

Down to USD 2640 on Bitstamp.

Kind of glad ... would be good to hover a few days around that mark so we don't really have an artificial pump on our hands ;-)

really ?? lol

We'd go down faster if the pump just goes up like it did in 2013, and probably not even where we are now. Better to have at least semi-realistic artificial growth than a pump that lasts a few minutes.

what meakes you think that this pump is different than the '13 pump ? on chart it all looks the same bro ))

Go to bitcoinwisdom, change settings to logarithmic mode so that the graph is proportional, weekly chart, zoom out to have a full view...... Yeah, it looks similar, but, as you can see, it's just the beginning of it.

Of course not saying this is 2013, but that would be the right way to do the comparison.

that's the most advanced analysis I've seen during the last few years , keep working , good job

If you want to compare apples to oranges that is the right way to do it. This is 2017 not 2013, and many things have changed in the echosystem (for good and for bad).

it's about the pump in the end ..and the correction that is imminent, we can argue all day as long you're wearing pink glasses

[bitserve]

so..... leaving aside macro-economics, demographics, and whatever other interesting stuff that diverts us from the more interesting RIGHT NOW, lets get back to the WALL OBSERVER & PRICE MOVEMENT topic mfkers

the huge correction is here... right?

haters gonna hate... but this moment looks pretty much it


dont u guys think?

EDIT: BTW, if u gonna get all excited about comparing 2013 rally in log chart.... i also advise looking at the proportion. According to this, we are not at the start of the rally, but very much at the end.

but who knows...

How the fuck do you calculate "proportions" to come to that conclusion???

Anyway, this is NOT 2013

[European Central Bank]

yeeh... it hasnt happened yet.

im more asking for gut feelings. For me, it may happen very shortly

But what do you think.. predict a "top" before a big correction movement.

my prediction: It has already topped

i don't have a clue and no one else does either. it's the middle of the night in japan. they're the ones having the most fun with this.

[chopstick]

DUMP'D

[Coinnosaurus]

DUMP'D

dumpfest has started, 200$ in few mins .. this is just flowers

[Asrael999]

on no my bitcoin are only worth what they were worth last night........

[bitserve]

Now that was a dump!