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

[jojo69]

that is...awesome...

[JayJuanGee]

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.

Most of you will lose your fortunes on the way to the top just like this. You have a mathematical certitude that bitcoin will go to hundreds of thousands of $ in price

...yet you fucks still get greedy like this.  

What a resentful and judgmental fuck you are.

Of course, hodlers are going to get excited.

Of course, there is going to be a lot of variance regarding when to sell and how much.

Also, it seems that we are currently in an upward trend that is likely to take us a bit of a ways.

I still say next resistance in the $4800 to $6800 territory, and then $8500 to $13000 territory.. and then $16500 to $19k thereafter.

WE gotta get through resistance in each of these areas, and I could see going to the $8500 to $13000 territory in this run, but I have a hard time with any kind of reasonable plausibility of the $16.5k to $19k... range... but what do I know?

I still can't wrap my head around the fact that we are seriously talking about prices like this (and being realistic)... bitcoin has come a long way

This is my first real bubble too... from $250 to $3800 is quite amazing, and surely having had made it past the earlier resistance makes these higher levels of resistance quite more realistic and plausible, especially since the rise from $250 has been decently gradual (over nearly two years) as compared with other exponential growth periods that were much shorter.  And, people were pretty fucking pessimistic in 2015, and some hodlers were selling parts of their stash and turning into bears, too... and even the participation in this thread was quite low, too.

So we are truely in better days in which the trend is our friend, especially if we can play it strategically and sell on the way up but not too many, because you want to have a decent stash, even if the unthinkable and the less likely scenarios play out.... that is $20k and then Adam's repetitively favorite $32k thereafer... hahahahaha  I plan to have sold some coins along the way and still have a decent stash of coins in any off those upwards and seemingly less likely scenarios.

I can't wrap my head around the ATH,s flashing past either. So I play a mental game and say
the price corrects 1/3 back to say from current price $3,750 to $2,475. But then that number freaks
me out, because I remember $650 btc last summer. Stuck in a loop. My head hurts.

In 2013 at $150 usd it was easy to think. Tulip money. Easy come easy go.

Er.   Now.  Not so much.

Really, it seems that we are on our way up and there is too much upwards momentum for the bears to fight it off and to put us into a bear market or a slump or even into a reasonable consolidation period.  Sure I could be wrong, and we could correct from here, but it seems that at minimum we gotta go to the $4800 to $6800 area first before a meaningful correction, a consolidation or even reverting to a bear market for a period of time.

On the other hand, if something really does go wrong with one or more of these forks that really causes undermining of confidence in bitcoin (which also seems not too probable at the moment) or some other fundamental and meaningful issue such as a loss of security or something like that... otherwise our momentum continues upwards and we have decent cushions in our funds, so long as we have largely been HODLers.  These are great times, fellow HODLers!!!!!  and maybe I should be making this post in the "this is gentlemen thread?"  hahahaha.

[ghandi]

here comes the dump.

[Syke]

Anyhow, once folks really get some concrete ideas about bitcoin's divisibility and the understanding that you can buy 1/1hundred millionth of a BTC, and maybe there is some more wider practices of pricing in lower level  (smaller) units, then it is likely going to take some time to get people to understand some of these unit confusion matters.

We only need to go up 250x to reach parity, 1 satoshi = 1 cent. Then things get extremely interesting.

[rjclarke2000]

Anyhow, once folks really get some concrete ideas about bitcoin's divisibility and the understanding that you can buy 1/1hundred millionth of a BTC, and maybe there is some more wider practices of pricing in lower level  (smaller) units, then it is likely going to take some time to get people to understand some of these unit confusion matters.

We only need to go up 250x to reach parity, 1 satoshi = 1 cent. Then things get extremely interesting.

Up 250x??? I'm bullish but not that bullish.

Wow.

[JimboToronto]

Just back from the ballpark and I see both my teams won, Jays 7-2 and Bitcoin ATH $3952USD/$5012CAD (Bitcoinaverge).

Now we're having a nice little correction/profit-taking to keep things honest. Not deep enough to buy but good enough to make sure we're not in a bubble.

Life is good. Go Bitcoin go.

[jojo69]

welcome back Jimbo...GO JAYS!

How was Rowley??

[orpington]

ok lets all pile back in now - cheap bitcoins yay!

[Ludwig Von]

Anyhow, once folks really get some concrete ideas about bitcoin's divisibility and the understanding that you can buy 1/1hundred millionth of a BTC, and maybe there is some more wider practices of pricing in lower level  (smaller) units, then it is likely going to take some time to get people to understand some of these unit confusion matters.

We only need to go up 250x to reach parity, 1 satoshi = 1 cent. Then things get extremely interesting.

Up 250x??? I'm bullish but not that bullish.

Wow.

Of course, when the free FED/ECB/BOJ money  flows in BTC via the banksters and other Wallstreet gangsters  that will happen. Only, by that time a beer will cost 500000 USD/€

[Torque]

I am more interested in knowing if people whose net worth is orders of magnitudes lower also think buying a lambo is reasonable because it came as "free money" and think it will keep coming forever.

I think buying a lambo is the stupidest thing in the world, period. I wouldn't buy a lambo if I had the extra cash, and I CERTAINLY wouldn't have liquidated any bitcoin to buy it. Probably the dumbest move he made. In the end a lambo is not going to hold it's value long term, and it's fun factor will wear off very quickly.

It's like the crown jewel of a complete narcissistic tool. They care way more about the silly car than anyone else does. Whenever I have seen someone driving one, I automatically think they are a giant douchebag, because probability says they are.

[rjclarke2000]

I am more interested in knowing if people whose net worth is orders of magnitudes lower also think buying a lambo is reasonable because it came as "free money" and think it will keep coming forever.

I think buying a lambo is the stupidest thing in the world, period. I wouldn't buy a lambo if I had the extra cash, and I CERTAINLY wouldn't have liquidated any bitcoin to buy it. Probably the dumbest move he made. In the end a lambo is not going to hold it's value long term, and it's fun factor will wear off very quickly.

It's like the crown jewel of a complete narcissistic tool. They care way more about the silly car than anyone else does. Whenever I have seen someone driving one, I automatically think they are a giant douchebag, because probability says they are.

Maclaren then?

[jojo69]

Maclaren then?

D type Jaguar and an ex works group B Audi quattro





But yeah, I'm with Torque, I never would.  I'm waaaaay more interested in sustainable water systems and productive land.

[gentlemand]

Maclaren then?

I've had some very desirable cars over the years. It's really not worth the ball ache. If you're not getting resentment out on the roads, then the fucking thing is falling apart on you.

They're like most relationships. Five minutes of fun followed by years of drawn out hell.

[Torque]

I am more interested in knowing if people whose net worth is orders of magnitudes lower also think buying a lambo is reasonable because it came as "free money" and think it will keep coming forever.

I think buying a lambo is the stupidest thing in the world, period. I wouldn't buy a lambo if I had the extra cash, and I CERTAINLY wouldn't have liquidated any bitcoin to buy it. Probably the dumbest move he made. In the end a lambo is not going to hold it's value long term, and it's fun factor will wear off very quickly.

It's like the crown jewel of a complete narcissistic tool. They care way more about the silly car than anyone else does. Whenever I have seen someone driving one, I automatically think they are a giant douchebag, because probability says they are.

Maclaren then?

Sorry but no.

Buying expensive exotic cars ranks up there with buying a 10,000 sq. ft. McMansion sitting on 2 acres of property, exposed to houses on all sides and extreme city/property taxes and maintenance costs. Completely back assward levels of stupid.

[machasm]

Maclaren then?

I've had some very desirable cars over the years. It's really not worth the ball ache. If you're not getting resentment out on the roads, then the fucking thing is falling apart on you.

They're like most relationships. Five minutes of fun followed by years of drawn out hell.

Living the dream.

[Last of the V8s]

https://www.youtube.com/watch?v=E1zHl3DDmhI
Bitcoin Heist Trailer | SGIFF 2016

[GreekGeek]

Choo Choo mother fuckers!!!  see you @ 4500 USD

Are we there yet?

[Last of the V8s]

http://fork.lol/reward/lossgain
The total loss or gain by BCH miners compared to what they would earn on the BTC chain. Combined, BCH miners have currently lost an estimated total of -$2,287,902.42.

[JimboToronto]

welcome back Jimbo...GO JAYS!

How was Rowley??

Did the job quite nicely. Threw strikes and showed good poise. Was averaging less than 13 pitches per inning through 5.

Only allowed one run and that was a lead-off triple that came in to score on a soft ground ball up the middle and that was only after he'd gotten 2 outs.

Gibby pulled him with 1 out in the 6th after allowing 2 baserunners. He got a well-deserved standing ovation.

He only threw about 75 pitches. That was probably a pre-imposed limit due to the fact that he'd been recently converted to a reliever and then barely stretched out enough for today's start. A couple more starts and he could be an inning eater.

I like the cut of his jib.

[El duderino_]

So when can we send BCH from A hard ledger to an Exchange