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

[ShroomsKit_Disgrace]

funny how that works...I stall to sell but and damn quick to buy

That is why your fav movie is Raging Bull

[Asrael999]

why should it contribute to volatility? imo its actualy positive as more retail BTC transactions are making bitcoin more viable and stronger in the long run. Only setback now is limited amount of transactions in 10 minute block window, and high fee

This would be good news if transaction fees were not so large at the moment as to make timely payments less than competitive against older payment methods

[BlindMayorBitcorn]

Properly rekt.

[Elwar]

I bought the dip but I have no idea how that is supposed to get me more bitcoins.

[Biro Bob]

I bought the dip but I have no idea how that is supposed to get me more bitcoins.

You bought the wrong dip. You needed hummus!

[N12]

[bitserve]

Have we finished panicking now? Is this the bottom?

[unknown04]

Its going back up now.... bought some at $2300--

[mymenace]

and this is why crypto is not a "store of value"

Store of Value

of Value


Value in 5 years

2012
gold $1600 USD    

2017  
gold $1260 USD



2012
bitcoin $11 USD

2017
bitcoin $2464 USD


mfw

[bitserve]

There's not such thing of "store of value". I mean, either everything is (because anything can hold some value), or nothing is (because there's no guarantee).

The best "store of value" is DIVERSIFYING.

I really don't understand those people that always talk about store of value and are all in in a single asset. It doesn't matter if it is cryptocurrencies, PM's, Real State, stocks.... If you want to "store value" with some guarantees you need to be diversified.

[Last of the V8s]

Bitcoin to be banned in USA ... https://www.congress.gov/bill/115th-congress/senate-bill/1241/text#toc-idea0e9489fc8f46379f95bb56c8bbbda5
http://www.zerohedge.com/news/2017-06-14/you-wont-believe-stupid-new-law-against-cash-and-bitcoin
... in certain circumstances
extra bullish

[European Central Bank]

Bitcoin to be banned in USA ... https://www.congress.gov/bill/115th-congress/senate-bill/1241/text#toc-idea0e9489fc8f46379f95bb56c8bbbda5
http://www.zerohedge.com/news/2017-06-14/you-wont-believe-stupid-new-law-against-cash-and-bitcoin
... in certain circumstances
extra bullish

so they want even more civil asset forfeiture even though that type of shit would be frowned upon in many a third world country? man, america really should give up claiming to be number one. they're a bunch of gangsters.

[empowering]

Bitcoin to be banned in USA ... https://www.congress.gov/bill/115th-congress/senate-bill/1241/text#toc-idea0e9489fc8f46379f95bb56c8bbbda5
http://www.zerohedge.com/news/2017-06-14/you-wont-believe-stupid-new-law-against-cash-and-bitcoin
... in certain circumstances
extra bullish

Seeing as Congress is currently busy ripping themselves to shreds - I would be surprised if this bill gets anywhere - the majority of those retards are all caught up in fantasy land right now- playing out their little show to cover up their total and utter failures as politicians.

[empowering]

https://www.cryptocoinsnews.com/instant-bank-payments-will-end-bitcoin-binge-german-central-bank-chief/

^^ My fave story of the past 24 hours.

Made me smile.

(The guy is deluded if he thinks instant payments is all that is driving this market - sure its a factor - but personally I can make instant and free payments already (since 2010)  both within the UK as can most of Europe (non international) and then there is SEPA)

(Maybe the gentleman would care to remind us how many Euros are being created each and every month at the present moment by the ECB - and then tell us about risks and abuse to the system - €60,000,000,000 each month down from €80 billion - thats $67 billion dollars every month= so basically creating way over the Bitcoin market cap each and every month and thats just one CB- and all the while the economic irresponsibility continues - but sure thang Jens- its all about instant payments which we have already had across most of Europe for over half a decade.. ok then)

[WhatsBitcoin]

 if instant transaction were driving the bitcoin market we would literally be eating a piece of shit out of the toilet

[fabiorem]

So the maths happened.. parabolic has to complete its cycle before.. moving upward.. it will surely cross 3000 usd level but after completing this parabolic cycle... and it has to come down to anywhere between 1300 to 1500 usd level... which is 61.8% to 78.8% retracement of this parabolic move ... over 8 weeks.

If we imply the first doted line is the correct one, then the price will go up to 3000 dollars by 2020, without a bear claw, am I right?

[UnDerDoG81]

Hold or sell now? Was holding for 5 years but I feel we´ll go down and won´t see 2k for a long time? Just a feeling... I had it in my balls when the price was 2,9K I was so pumped to sell. I knew it will drop... Damn always the same mistake...

[xxxgoodgirls]

Please stop it.

[empowering]

Hold or sell now? Was holding for 5 years but I feel we´ll go down and won´t see 2k for a long time? Just a feeling... I had it in my balls when the price was 2,9K I was so pumped to sell. I knew it will drop... Damn always the same mistake...

 

Good one

[UnDerDoG81]

Hold or sell now? Was holding for 5 years but I feel we´ll go down and won´t see 2k for a long time? Just a feeling... I had it in my balls when the price was 2,9K I was so pumped to sell. I knew it will drop... Damn always the same mistake...

 

Good one

Explain?

I see people pay out and we´ll see 1.5k I guess... and then we´ll hover there for a year...