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

[JimboToronto]

I just phone ahead to make sure they have enough coins, then head over and pay them cash anonymously for coins directly from their laptop into a paper wallet I supply.. They honor the price listed on their website.

I'm pretty sure they own and operate their own ATM. They're a small family business.

The last couple of days they've displayed this:

Have you ever cashed any out there Jimbo?

No. I only buy and hoard. (hoadr?)

The only time I ever sold any Bitcoin was to sell $150 worth because I was short on pocket cash and was going to the ballpark.

I did that when Decentral still had their ATM on premises. I hadn't thought that I'd have to wait for 6 confirmations to get my cash. Silly me. I didn't want to miss a pitch so I went to the game and realized I didn't really need to sell after all. I didn't go thirsty. Got my cash after the game.

Now if I ever needed a small amount of cash to tide me over, I'd go to Deloitte. They don't charge any fee to sell but they have a $100 daily limit:



For larger amounts I'd use York Foreign Exchange. They're downtown and only charge 3%. I'm not sure of their limit but a friend sold $2000 worth recently with no problem:

[Meuh6879]

[Punisher1314]

This correction looks quite healthy, price was going into bubble zone but finally the drop appeared, later than what i expected but still in a good place. I had to sell a small % of my btc just to take some profits and hodl my last investment without risks. But i freaking hate to sell. Buying the dips is a LOT easier. As i needed to sell, i was looking to do it in a good place to get a chance to enter again in a lower level. I expected a correction between 2400/2500$, but it gone further to 2800$ and dropped to 2200$, so it was not smart to buy again. Now here i am with my stinky fiat, but at least i have some bucks ready to spend just in case it drops and tries the 2000$ support .

[mainpmf]

Back at the same price we were at 48 hours ago.

Gentlemen, it has been a privilege playing with you.

Ahah! Why the negative speech (picture especially) my good sir?

Price is at 2400. That's 600 more than a month ago. We can't really call it anything but a win in my opinion!
Unless of course you bought at 2800 then... well I'm a bit sorry for you ^^'

[lost_in_base]

Back at the same price we were at 48 hours ago.

Gentlemen, it has been a privilege playing with you.

Ahah! Why the negative speech (picture especially) my good sir?

Price is at 2400. That's 600 more than a month ago. We can't really call it anything but a win in my opinion!
Unless of course you bought at 2800 then... well I'm a bit sorry for you ^^'

Why sorry?
That is like betting on that Bitcoin will ever never rise above 2800?
Some magical date and rate to stop Bitcoin?
That is only 14%

[ARTISTCOLONY]

http://2.bp.blogspot.com/-h6NEgzTMvyA/TZXWi8Ef7OI/AAAAAAAADuk/Pls4VzseXuY/s1600/angrymobfunrun.jpg

BTCBTCBTCBTCBTC===>$3000 CLOSE!!!     WEEEEEEEEEEEEEEEEEEE...tbc

[Stevenirving]

Please stand by for your weekend drop. Monday recovery will be something to behold!
 

[STT]

2800 would appear to be the same problem as when we spun around a few times at 1800 and it became obvious it was going to exceed 2000 because round numbers are silly superstition.    If it rebuilds price here and buyers keep being apparent as they are now then we can start to see similar for 3000, it will be exceeded.

I think the driving force for bitcoin appreciation is new wealth not old and people wanting not to use their national currency but be a greater part of the global economy, lucky for us bitcoin helps their money travel well.  i.e. I dont think it matters if you find it expensive, maybe 'its not for you' to hold and do nothing with it  if it has a baseline of demand to be used ,that'll produce higher prices.
   I'm looking at Huobi, every time theres a spike down that quickly retracts upwards, leaving a pin candle thats an uptrend line for me.   We broke the first leading to a fall, the 2nd tier uptrend we saw lead to rises about 12 hours ago and there is a further uptrend still in play

[CoinHoarder]

Good morning Bitcoinland.

I see we're consolidating quite nicely after yesterday's excessive rise and corresponding deep correction... currently $2418USD (Bitcoinaverage).

Too bad our string of green candles ended at 8 but at we moderated the upsurge to the point where only the zaniest fools will call it a bubble.

It might take a few days to reach another ATH now but that's probably good. Steady growth is best.

People talk as if this "healthy correction" is over, but that is yet to be seen. It is a possiblity that this thing rebounds and new ATHs are reached, but it is a bigger possibility that we see a larger ongoing downward correction. Only the zaniest of fools would be calling for new ATHs in a matter of a few days at the present time. Come on man, take off your Bitcoin shaded sunglasses for a moment.

Have you people forgotten that Bitcoin has been on a year and a half+ bull run which has seen value appreciation upwards of 1582% (at yesterday's all time high)? So, now that we've dropped down to 1334% value appreciation in 1.5 years, now obviously the correction is over? Puhleeze... give me a break.  

The correction could and should continue downwards quite a bit more, and ATHs will not be reached again in a matter of days... more likely a matter of months... and probably even more likely a year+. (those timeframes are guesstimated from Bitcoin's market history... where it reached previous ATHs then corrected itself)

[ARTISTCOLONY]

Good morning Bitcoinland.

I see we're consolidating quite nicely after yesterday's excessive rise and corresponding deep correction... currently $2418USD (Bitcoinaverage).

Too bad our string of green candles ended at 8 but at we moderated the upsurge to the point where only the zaniest fools will call it a bubble.

It might take a few days to reach another ATH now but that's probably good. Steady growth is best.

People talk as if this "healthy correction" is over, but that is yet to be seen. Only the zaniest of fools would be calling for new ATHs in a matter of a few days at the present time. Come on man, take off your Bitcoin shaded sunglasses for a moment.

Have you people forgotten that Bitcoin has been on a year and a half+ bull run which has seen value appreciation upwards of 1582% (at yesterday's all time high)? So, now that we've dropped down to 1334% value appreciation in 1.5 years, now the correction is over? Puhleeze... give me a break.

The value could and should fall quite a bit more, and ATHs will not be reached again in a matter of days... more likely a matter of months... and probably even more likely a year+.

10K confirmed ===> bitcoin is the new wolf of wall street pink sheets on steroids + cryptolocker shit ((((moon soon))))

[HI-TEC99]

2800 would appear to be the same problem as when we spun around a few times at 1800 and it became obvious it was going to exceed 2000 because round numbers are silly superstition.    If it rebuilds price here and buyers keep being apparent as they are now then we can start to see similar for 3000, it will be exceeded.

The ATH on OKCoin was 19200 CNY. Maybe we got a dip because we were getting close to two round numbers, 20000 CNY and $3000. If it rebuilds here and exceeds both 20000 CNY and $3000 we could get a rocket pump.

[luckygenough56]

looks like we go south

[pfrtlpfmpf]

"hoardl" ?   I´m pfrtl and then pfmpf.

[ARTISTCOLONY]

looks like we go south

(((delete this post))) *poof*   $$$$===> profiteers ~ rotflmfao

[Richard Branson]

SELL! SELL! SELL!



need moar cheap coins 

[luckygenough56]

pumpers are atrocious people, they like to play with the limits

[conspirosphere.tk]

Having a chance to buy back some of the coins that I sodled in the 1700s would be not so bad for me.

[arklan]

profit taking galore, looks like. and who can really be surprised? i'm impressed the upward pressure has kept going though.

[Lincoln6Echo]

profit taking galore, looks like. and who can really be surprised? i'm impressed the upward pressure has kept going though.

weak noobie hands detected the block size debate and are afraid:)

[blade87]

1d chart had a shooting star, and now the 3d chart is getting close to forming one. We have a descending triangle now the 2-4h charts. It looks pretty bearish. I still believe Bitcoin will hit new highs later this or into 2018, but I wouldn't be surprised o see us enter a micro-bear market for a little bit and drop back below $2000. The 2013 run up had a similar drop from $750 to $450, before continuing on to $1200.

Otherwise, this run up wasn't even close to enough to cause a major multi-year long bear market.