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

[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?

[gembitz]

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?

$10000 now easy ~ EVERYONE WANTS IN    $5000+ today? haa

[Biro Bob]

I think we could stay under 4k for a while. It took quite a long time   to break $3000.

I'm glad I didn't add any McAfee type bets to this statement.

[bitserve]

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.

It is a very interesting fact, more so considering that $10K was some serious amount of money back then.

[JimboToronto]

$10000 now easy ~ EVERYONE WANTS IN    $5000+ today? haa

It seems we're cutting through the $4000s like the proverbial yellow snow. 

[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.

It is a very interesting fact, more so considering that $10K was some serious amount of money back then.

Also interesting is that BRK/A was traded only on the U.S. stock market with U.S. investors (not sure what the rules are today) during daylight market hours.

Bitcoin is traded globally, 24/7/365 day or night!

[bones261]

I knew that I should not have decided to dabble in trading again. I have 4 orders on GDAX trying to buy my BTC back with a nominal profit, and they are getting left in the dust. I only need a small correction back to 4220.00 USD to get all my satoshi's back. Thank goodness that I am only doing very small trades.

[blockinoutthehaters]

NLC where art thou.

[gembitz]

$10000 now easy ~ EVERYONE WANTS IN    $5000+ today? haa

It seems we're cutting through the $4000s like the proverbial yellow snow.  

i'm telling you "normals" are just now buying in lmfao #fomo = 10K soon

[JimboToronto]

I only need a small correction back to 4220.00 USD to get all my satoshi's back.

There you go.

[bones261]

I only need a small correction back to 4220.00 USD to get all my satoshi's back.

There you go.

That was fast. Now that I got all of my satoshis back, it can go back up again.