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

[bitserve]

BIP 141 (Segregated Witness) activation is scheduled to take place in: 1325 Blocks (9.2 days)

Oh, and after many months, Bitcoin market share is over 50% again: 50.9%.

Go Bitcoin, go!

[empowering]

Is this teaser for real? Will Blockstream and SpaceX bringing Bitcoin into space?

Internet 2.0 on his way?

https://www.youtube.com/watch?v=lbx7NAnVeGc

Holy Batman!  

They are making a bold claim there.....

0_o


(Adam Back/Gregory Maxwell... I will admit it... I am curious AF)

[LFC_Bitcoin]

This is a call out to any Bitcoin speculators out there, wtf is going on with the upward price movement right now???

I sold at ~$2750 and watched all the way down to $1800 convinced the major correction was underway. I slinked back in after the bounce back up from ~$3000 and expected this rally to be over well before $4000. So now I'm hodling for dear life and awaiting the big red dip down to ~$3500 or lower.

Any thoughts on future short to medium term price action?
 

Not many traders here. Most have learned our lesson and just buy and hodl.

The reason for the upward movement? Many people are trying to figure out where to put their wealth for safe keeping. With a madman running the US economy and military, incompetent idiots running the other countries economies off a cliff and uncertainty everywhere, bitcoin has proven itself to be a store of value that will not be stopped. Everyone was just waiting to see if the hard fork and SegWit activation would cause any turmoil. Bitcoin survived both with no problems, demonstrating that it can grow and adapt over time as necessary.

Investors have had 4 years to think about how they missed out on the big rise in 2013. They have been on the sidelines waiting. This time they will participate. And it will be glorious.

It's glorious already, my bitcoin's are worth over 10 x what I bought in for. It's an incredible amount of money (for me) but I am not ready to sell yet.

[conspirosphere.tk]

I feel like selling when everybody is ultra-bullish after an huge pump, and yet there is still a lot of way to go:

#Bitcoin's market cap has not even exceeded the wealth of the 3 richest people yet.

https://twitter.com/sharkybit/status/897088990301618176

[Junko]

Wow, wow, wow... nothing like waking up all groggy on a Monday morning, turning on the computer and seeing that bitcoin has gone up in price ~$300 from what is was when you went to bed. @.@ Surely, I must still be asleep and dreaming. If not, I am sooo wide awake now.

$5k by the end of the week?

[bitserve]

Is this teaser for real? Will Blockstream and SpaceX bringing Bitcoin into space?

Internet 2.0 on his way?

https://www.youtube.com/watch?v=lbx7NAnVeGc

Holy Batman!  

They are making a bold claim there.....

0_o

I like it. I am waiting the day in which Bitcoin ventures start advertising on national TV big time.

[bitserve]

Wow, wow, wow... nothing like waking up all groggy on a Monday morning, turning on the computer and seeing that bitcoin has gone up in price ~$300 from what is was when you went to bed. @.@ Surely, I must still be asleep and dreaming. If not, I am sooo wide awake now.

$5k by the end of the week?

If it only gained like a 2% daily until the end of the week, yes. But... will it?

[becoin]

It is very difficult to buy even a single bitcoin these days. Trading must be stopped on all bitcoin exchanges. MSM should help and start explaining nonstop that bitcoin is a ponzi scheme.

[NewWorldCoiner]

I didn't think I would ever put more fiat into BTC, but that's what's happening. Probably gonna end up with 95% in BTC.

Wish me luck boys and girls.

[empowering]

Is this teaser for real? Will Blockstream and SpaceX bringing Bitcoin into space?

Internet 2.0 on his way?

https://www.youtube.com/watch?v=lbx7NAnVeGc

Holy Batman!  

They are making a bold claim there.....

0_o

I like it. I am waiting the day in which Bitcoin ventures start advertising on national TV big time.

If they are going to do  what they say/hint they are going to do....... then the implications are enormous, even more so  if they have cleverly worked out a way to use BTC in the mechanism of this "global internet connectivity" they talk of, beyond "simply" increasing the potential for market reach of BTC (which would be impressive enough)

Blockstream.... You dark horse you

Bastards got me with their advert... and that never happens.


(not to mention the implications for the global economy and the direct implications for the  4.2 billion unconnected people- I really hope this delivers)

[thiec]

The sell wall on Gemini at $4125 started at about 1k btc about 20 minutes ago, and it looks like it is getting eaten away slowly.  I feel like making a buy, just to contribute to the cause.  It is down to 448 BTC as I type, but even if I made a BIG purchase (for me), it would not make a big dent in the wall.


Edit:  Hahahahaha.. Finally I may have done a good thing for everyone, including myself.  I watched the wall, and it suddenly went down from 433BTC and down to 18BTC, and I made my pounce, especially since on my other screen, I could see that Stamp had about $100 premium with new ATH movement. My small contribution at the bargain price of $4125.  Now, I gotta figure out when to sell because that was outside of my regular practices?  Maybe sell little by little starting around $4250?  or is that too conservative?

Just curious, its real trade or just some "magic trick" like some news that i read before

[xhomerx10]

Woke up.

Checked Bitcoinity.

Punched self in face.

Checked Bitcoinity again.

Did the math.

Made a quarter mil in my sleep.

I think I should just go back to sleep.

For about 2.5 more years.

 Wow!  Financially speaking, you're set for life but...

[bitserve]

Ok guys, with Bitcoin reaching new amazing heights this is where I go insisting again in that everyone of you that didn't already have a hardware wallet buy one. It's only like.. uhhh... 0.02 or 0.03 BTC. And it will be the best purchase you ever made with your BTC.

Buy it, try it, use it. You won't regret it.

P.S.: I am in no way affiliated with any of the hardware wallet companies, I even paid for mines.

[fluidjax]

Ok guys, with Bitcoin reaching new amazing heights this is where I go insisting again in that everyone of you that didn't already have a hardware wallet buy one. It's only like.. uhhh... 0.02 or 0.03 BTC. And it will be the best purchase you ever made with your BTC.

Buy it, try it, use it. You won't regret it.

P.S.: I am in no way affiliated with any of the hardware wallet companies, I even paid for mines.

Also, instructions on what happens in case of your death, at least you family should benefit.

Split passwords/PIN numbers & a copy of your hardware wallet between trustworthy relatives, that way if they get burgled, the thieves won't have enough info.

[Torque]

Interesting fun fact about BRK/A stock.

Back in mid '88 BRK/A stock was about the same price as bitcoin is now per share. It only took 4 more years for BRK/A to break $10k. When it did, it flew to $17,250 within a year after that.

[bitserve]

Ok guys, with Bitcoin reaching new amazing heights this is where I go insisting again in that everyone of you that didn't already have a hardware wallet buy one. It's only like.. uhhh... 0.02 or 0.03 BTC. And it will be the best purchase you ever made with your BTC.

Buy it, try it, use it. You won't regret it.

P.S.: I am in no way affiliated with any of the hardware wallet companies, I even paid for mines.

Also, instructions on what happens in case of your death, at least you family should benefit.

Split passwords/PIN numbers & a copy of your hardware wallet between trustworthy relatives, that way if they get burgled, the thieves won't have enough info.

YUp, good advice. Also, for vast Bitcoin fortunes, I would suggest splitting it over several different hardware wallets the same as people used to do with paper wallets. Not that it is really needed but, what the heck, those hardware wallets are cheap nowadays in comparison to Bitcoin price.

[gembitz]

$10000 is the new target folks $5000 is already in the bag #gameover

[fortune143]

This is a call out to any Bitcoin speculators out there ... Any thoughts on future short to medium term price action?

Follow a weekly chart of BTC/USD and buy when price gets to the 20 MA. That would have gotten you in at under $1900. Right now 20 MA is $2360. Sooner or later the 20 MA weekly will be broken so don't expect this to work forever.

Many thanks for this response and for yours Elwar - as has been said the 20 MA indicator will be broken at somepoint, I guess my difficulty has been distinguishing between short-term downwards movement and medium-term downwards movement, basically without wishing for it I'm wondering when will we enter bear territory??

[gembitz]

Interesting fun fact about BRK/A stock.

Back in mid '88 BRK/A stock was about the same price as bitcoin is now per share. It only took 4 more years for BRK/A to break $10k. When it did, it flew to $17,250 within a year after that.

^are you implying Warren changed his tune on bitcoin?  ha  lol

[JimboToronto]

A glorious good morning Bitcoinland.

Another day, another ATH... currently $4313USD/$5480CAD (Bitcoinaverage).

Everyday a bunch of new Bitcoin millionaires are created.

Doesn't it feel good to be a citizen of Bitcoinland?