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

[JimboToronto]

New ATH incoming, bitchez

done

[lnternet]

ATH across the board now (exchanges and currencies)

[bitserve]

This is reaching a point in which the short squeeze can be epic.

[Biro Bob]

That ATH was so 'one hour ago' - C'mon Bitcoin do something interesting!

[dakiller]

Raise the hand whoever is still waiting for $850

C'on, don't be shy.

When africoin posted

Guys

$800 is coming

And Vinny lingham indicator just confirmed sub $875

Sell your coins at the best price you can get

Prepare to buy lower

This is not a drill

It was $~1200 range an I got a 50% haircut.

Now my only strategy is

[img]https://s25.postimg.org/8075jaavz/download.jpg[img]

I did similar things back in 2013, and I'm at 30% of what I first had back in 2011.

Had I had my initial stash, I would be at my trigger point goals, selling large potions, taking 6 months off and building the family home, but for now I'm holding and waiting for $10k

[TeeBone]

Here we go, Opaaa

[Lauda]

Here we go, another ATH. Hopefully we hit $3600 today.

I underestimated this. Maybe $3800 - $4000 Monday target?

[jjacob]

What was the thing that showed the time of each doubling during the previous bubbles. Would be nice to see where we are in relation to those

Ok, I was overdue to do one of these since we have now convincingly taken out my targetted $3200-3600 range ... next doubling takes us to $6800-7200 region however the timescales are more relatively relaxed since we had that long pregnant pause around forking time, so in ~6 weeks maybe.

But this whole doubling in half the time thing has gotten quite out of whack so I'm not placing much faith in it, more of a watch and see and it might throw up some useful targets. It seems like there maybe something else going on here now, bigger forces are coming into play, maybe a larger scale mega-trend is re-establishing itself. At one point bitcoin price was reliably tenfolding about every 12-18 months and then the Gox blow-off and crash put that on hold and some very determined and deep-pocketed players did their best to stifle/sabotage/bad-mouth/usurp bitcoin for the following 2 years ... maybe we are going to go back the 10-folding growth? With some catching up to the old trend thrown in for good measure. We could be going vertical on the S-curve phase?

Interesting that masterluc has us breaking up above the existing exponential trend into a faster growth trend again.

10 fold growth again? That is crazy. If that happens, all those who sold when Bitcoin touched $2k will jump off a cliff.
The holders will be the real winners in this round.

[Asrael999]

Travelling on London Underground this morning, just seen an advert for cryptocurrency trading, first advert I've ever  noticed for cryptocurrency on public transport in London.

roll on 4K

[orpington]

Crazy price movement - hard to believe almost... almost

[steelboy]

3800 Stamp

Cruisin'

[BTCtrader71]

honey badger's cutting through the 3000s like piss through snow

[TeeBone]

Crazy price movement - hard to believe almost... almost

On a weekly log chart, still doesnt look like a bubble.
The move from $2 to $1200 last time around was far more dramatic.
If we go vertical into 8K-10K territory, ill be dipping into cold storage.

[suzanne5223]

Now that the mainstream is adopting BTC, we will soon do the real pump and dump, leaving them with the ultimately worthless BTC digital token. Satoshi is a genius robber baron.

BTC will hit $500,000 then drop back to $50, destroying greedy bankers in the process.  

Right?  

That's not true because the technology network created or programmed for bitcoin doesn't meant to work that. Mind you, bitcoin was meant to be an alternative to our financial system and if you check the current financial market update, you see that bitcoin rallies to $3829 while world wide traditional assets tumble.

[Searing]

honey badger's cutting through the 3000s like piss through snow

 I hope honey badger is not getting too fatigued, has failing eyesight due to such, and runs off Bear Mountain cliff...the weightlessness of the fall would be fun..the

sudden stop at the bottom..not so much....honey badger would be 'pissed' having to climb Bear Mountain again...indeed....

Honey badger don't care..or should not care...when he gets to 4,000...honey badger should 'stroll' once in awhile.....look at the scenery ...have a snack

jeez....I'm just feeling sorry for honey badger's small little legs in a constant blur....(also the constant cheering on watching his little legs blur.. is making me hoarse)







 

[Elwar]

I'm frankly starting to get a new kind of trouble with where prices are going. Used to be I had to Do Stuff to Get Money from Others. Now I'm closing in on true financial independence. And I have no idea where to go from here.

Congrats. I reached that point too a while back. My whole life I spent my energy on working on making more money, college, personal sacrifice, business ventures, etc.

Now that I make more with bitcoin than anything else, and I don't really need to make any more money for the rest of my life (though more opens up possibilities) it changes my life goals.

Right now I go to work even though I don't need to. I have zero motivation, especially working for the military industrial complex. If it weren't for the fact that I have no stress at work and I work in a very relaxed atmosphere I would leave. Other people stress...but that is because they worry about their future careers. Though going to work is ok because it gives me a reason to get out of the house in the morning.

Even thinking about things I can do with my life outside of work it tends to come back to working on something...which tends to be something that makes money. I need to figure out how to balance working on something that doesn't drain my funds and productivity while not worrying about making money off of the venture. Like I want to help with this seasteading venture and can contribute in many ways such as running their network or developing some blockchain stuff for them, but I keep thinking that I would need to get paid to do something big like that. But a small salary would only be symbolic for me, and a big salary would not be feasible. And if I wanted a big salary I would just keep doing what I am doing now.

First world problems I suppose.

I have been reading The Will to Power by Nitchze to kind of get into the heads of the bigwigs that I might start mingling with (and have already started to do) as more of a protective stance to not become an easy target. I will be delving into other books like that to get an idea of the mindset and to enlighten my mind a bit.

Why would you need to get paid? Assuming you don't need any more money ... why hold yourself back from doing something that provides purpose to your life just because you're "supposed to" do it a certain way? Says who?

All the money in the world, without any sense of purpose ... may as well be dead.

I say that because anything that takes a lot of work would require motivation to keep working as opposed to just sleeping in and playing video games. It would not be fair to anyone if I started working on something that I believe in then bail once I grew bored of it or something else took up my time.

I might consider writing a multiplayer seasteading video game. I worked on games in college and that was something I enjoyed doing voluntarily. But it was on my own schedule.

[Denker]

Here we go, another ATH. Hopefully we hit $3600 today.

I underestimated this. Maybe $3800 - $4000 Monday target?

$4k probably within the next 36 hours I would say.It is definitely possible.
With the beginning of the new week I expect some correction to happen.
Hopefully not too low. 3400-3500 would be nice.
Crazy week we have so far. Just amazing. Enjoy this guys!

[Nemo1024]

Drat... I sold the last of once cold stored BTC at €2600, and now we are at €3225...  Didn't expect the climb after the pump, so did not buy back. And now, waiting for a correction (they always come) before buying back.

[rjclarke2000]

Can you all not sell at 10k. You are going to crash it.

Maybe some sell at 12k or 9k or 13k?

Am I the only one waiting for 32k like Adam promised?

Don't ruin my plans.

[Lauda]

$4k probably within the next 36 hours I would say.It is definitely possible.
With the beginning of the new week I expect some correction to happen.

Possible for sure, but I'm hoping it takes a mini break for a day or so.

Hopefully not too low. 3400-3500 would be nice.

Yeah, I'd hate to see $2xxx range again. Do you guys remember the SEC ruling, when people who sold at the bottom were telling us we are going to $600? That feels like it happened ages ago.
Someone placed a wall on Bitstamp, but it's being eaten already: