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

[Chef Ramsay]

Its on the horizon now  

I bet there are some considering early retirement now lol

https://twitter.com/BitPopulous/status/903639008978378752

Passive retirement income. 

[Meuh6879]

No, no, no, you don't have the 5k ... ATH.

[ssmc2]

Volume needs to pick up

[JayJuanGee]

Volume needs to pick up

Why?

If price is going up on low volume, there is not a problem with that, is there?

If volume picks up, then that means the battle is more intense, but it is not necessarily a good thing, or do you have a better theory?

[x2666]

That's how you get rich right? Buying the all time highs?   

[adaseb]

How many BTC are actually available in supply?

With the 2.5 million lost. And another 5 million or so held on by those with bought in prior to Nov 2013 bubble, how many are there actually in active circulation? That and probably a few more million who are holdling to like $10,000 coin.

Anyway to check the amount of UTXO from Genesis to mid 2015 or so?

There is this https://utxo-stats.com/ but it doesn't sum up the coin totals.

Seems price is rising so high due to shortage of bitcoins to go around.

[heartastack]

Yes every kind of movement is 'great' 

Rising on low volume to me indicates bubbliness and fomo. Doesn't mean we can't go 10x higher. But far from a good sign imo

[600watt]

stolen from reddit. 

[Mrpumperitis]

JENGAAAA

[Elwar]

So ends bitcoin. Time to go buy war bonds.

[Junko]

Lots of people actualizing becoming fiat millionaires...

[eXpl0sive]

Profit taking at $5000 was very much expected. Let them take what they need. Then we slowly go to new highs.

[Elwar]

Profit taking at $5000 was very much expected. Let them take what they need. Then we slowly go to new highs.

Expect the same when we hit $10,000. People are waiting to hit X number to "cash out" and become bitcoin poor.

[JimboToronto]

Oh noes. My bitcoins are only worth what they were worth yesterday. (Too busy eating to post meme.)

Not deep enough of a dip to be a buying opportunity.
_____

Wow. While I was typing it dropped another $100. After I finish eating I just might go shopping after all.

Or did I already miss my chance?

[bones261]

Where's the "my bitcoins are only worth what they were worth yesterday" crying meme?

Here you go.

Oh noes. My bitcoins are only worth what they were worth yesterday. (Too busy eating to post meme.)

Not deep enough of a dip to be a buying opportunity.
_____

Wow. While I was typing it dropped another $100. After I finish eating I just might go shopping after all.

Or did I already miss my chance?

You may get lucky. I think the bears have more coming.

[jojo69]

literally just rolled back in from vacation...could I please get an executive summary?

[Kanapka]

Why the dump?

[JimboToronto]

Where's the "my bitcoins are only worth what they were worth yesterday" crying meme?

Here you go.

Oh noes. My bitcoins are only worth what they were worth yesterday. (Too busy eating to post meme.)

Not deep enough of a dip to be a buying opportunity.
_____

Wow. While I was typing it dropped another $100. After I finish eating I just might go shopping after all.

Or did I already miss my chance?

You may get lucky. I think the bears have more coming.

@explorer:

Great minds think alike. So do ours.

@bones261:

Maybe you're right but after bouncing right back up after that last dip, it's looking less likely. Also the local ATM barely lowered their buy fee (7.3%).

I'll finish dinner and see if anything's changed

Why the dump?

Standard profit-taking/correction we always get after an extended rally and upon reaching a milestone. No big deal.

[explorer]

literally just rolled back in from vacation...could I please get an executive summary?

Bitcoin.  Doing bitcoin things.  Same old same old.  New level.

[bones261]

I wonder what happened to the bitcoin mempool? Most of those zero and low fee transactions are cleared out. Did someone's spam-a-lot bot break?