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

[jojo69]

A late good morning Bitcoinland.

I see we're more than half way back after yesterday's deep correction/profit-taking... currently $4858USD/$6079CAD (Bitcoinaverage).

AltCash continues to slip... currently $313USD/$391CAD (Coinmarketcap).

While a little consolidation is good, I think it's about time we moved on up to a new ATH.

Go Bitcoin go.

We all know this, anything new?

You, sir, are not exactly getting off on the right foot here.

[vortex1878]

A late good morning Bitcoinland.

I see we're more than half way back after yesterday's deep correction/profit-taking... currently $4858USD/$6079CAD (Bitcoinaverage).

AltCash continues to slip... currently $313USD/$391CAD (Coinmarketcap).

While a little consolidation is good, I think it's about time we moved on up to a new ATH.

Go Bitcoin go.

We all know this, anything new?

You, sir, are not exactly getting off on the right foot here.

+1
Jimbo's Canadian morning updates are an institution and very much appreciated.
You must be new here...

[gentlemand]

We all know this, anything new?

This person must face immediate and absolute liquidation.

[Torque]

We all know this, anything new?

This person must face immediate and absolute liquidation.

Haha, I have had that account on  /ignore for some time now. He must have said some repeated super trollish things way back when, and I only ever put people on /ignore if they have confirmed as full-on troll by my unofficial standards. 

[Wekkel]

All I all, a very good performance out of the depths of a major 'Dimon' correction. Honey Badger is on the roll again and it always feels good to have dumped a fork at 3x the current price. Happy times around the corner.

[Torque]

Breaking News from the IMF:

Global economic recovery may not last, warns IMF
https://www.theguardian.com/business/2017/oct/10/global-economic-recovery-may-not-last-warns-imf-international-monetary-fund

Citi among 9 banks IMF says will struggle to be profitable
http://www.marketwatch.com/story/imf-names-9-biggest-banks-that-warrant-heightened-attention-from-regulators-2017-10-11

Governments must heed IMF warning of $152tn global debt timebomb
https://www.theguardian.com/business/2016/oct/05/governments-imf-global-debt-timebomb-international-monetary-fund-economy

The MSM news is under reporting this. They're telling it directly into our faces, guys. Heed the warning.

[Karartma1]

http://www.zerohedge.com/news/2017-10-11/its-decentralized-revolution-novogratz-sees-bitcoin-10000-within-year

Code:

And now, in an interview with CNBC, the legendary trader 
has said that he believes the value of a bitcoin will reach $10,000
in six to 10 months.

"in six to 10 months."

Everybody likes to predict the Bitcoin price these days! In any case I very much agree with the following quote I picked reading the whole thing

“Remember, bubbles happen around things that fundamentally change the way we live,” he said.
“The railroad bubble. Railroads really fundamentally changed the way we lived. The internet bubble changed the way we live. When I look forward five, 10 years, the possibilities really get your animal spirits going.”

Remember, remember the Bitcoin train!
Choo, choo  

[ragnar0k]

http://www.zerohedge.com/news/2017-10-11/its-decentralized-revolution-novogratz-sees-bitcoin-10000-within-year

Code:

And now, in an interview with CNBC, the legendary trader 
has said that he believes the value of a bitcoin will reach $10,000
in six to 10 months.

"in six to 10 months."

so... every 1% increase its 100$ per bitcoin. Sweet.
Not to mention that a 50% increase is 5k.

Crazy stuff, best investment of my life if it holds

[cmacwiz]

As a holder, this is the first time I have found myself hoping that BTC price doesn't go up, as Oct22 is my day! Can it hold steady for nearly two weeks??? I doubt it!

Putin, if you're reading this I will give you $300 USD if you execute the russian pump (нaгнeтaть!) on oct 22nd

[ragnar0k]

When Mike Novogratz came out into the public media in late 2013, he said "Bitcoin will hit $2000 any day now, probably by the end of the year."

Just sayin'. The guy is no prophet at best, and a harbinger of doom at worst.

Oh dear, I really hope this time he investigated better as he is throwing 500Mlns to the cause
You can't say he is not believing in what he says at least

[Eric Cartman]

How long until the next dip?

[El duderino_]

So now what i know ......... sitting here on a Nice holiday @cyprus... what is very beautiful with very Nice nature..., culture and all i need BUT stil asking myself now offcourse When i’m Drunk 😊 to who Will i be sending Some PRECIOUS BTC BTC

Few are in a Nice run i think ............  greetings you bitcoinpeople

[rjclarke2000]

How long until the next dip?

I think we will get to 5200 and then it'll sharply drop to 4500-4700 again. We will get a taste of the 5s and then back to where it's comfortable.

I have nothing to back this up, it's just purely my feeling.

Edit. This is ruling out any fundamentals that may arise.

[xhomerx10]

A late good morning Bitcoinland.

I see we're more than half way back after yesterday's deep correction/profit-taking... currently $4858USD/$6079CAD (Bitcoinaverage).

AltCash continues to slip... currently $313USD/$391CAD (Coinmarketcap).

While a little consolidation is good, I think it's about time we moved on up to a new ATH.

Go Bitcoin go.

We all know this, anything new?

You, sir, are not exactly getting off on the right foot here.

+1
Jimbo's Canadian morning updates are an institution and very much appreciated.
You must be new here...

I think it's important to note that Romanians are generally quite direct; I'm sure there was no malice intended in his comment.

[mymenace]

Because events like this unfold, I protest the root of it by supporting something better. BTC
To me it feels like the only solid recourse I have to fight with outside of speaking to others what I see.
Bitcoin is more deadly than guns for the 1% and if we succeed, it will be because enough see it the same way.

Amen! I just don't want to play the same old game. Wondering what is and isn't government manipulation, or if the means could ever justify their "end".

I am not really paranoid or care much for the charade upon charade of politics (especially US). I just want my books, a sailboat and financial freedom.

thoughts and prayers though, of course of course

Ancient Slavery
Yesterdays Monarchy
Todays Governemnt



Getting better everytime

it is always there, something/someone trying to overpower the herd


live within the repercussions of the time and always do it your way

[xhomerx10]

How long until the next dip?

I think we will get to 5200 and then it'll sharply drop to 4500-4700 again. We will get a taste of the 5s and then back to where it's comfortable.

I have nothing to back this up, it's just purely my feeling.

Edit. This is ruling out any fundamentals that may arise.

 In that case, please keep us abreast of any new fundamentals that develop.

[JayJuanGee]

It's 2017, Jay. Why are you still using Localbitcoins?

I consider localbitcoins as a kind of arbitrage opportunity that supplements my trading and even allows me some ways to interact with real peeps - including some ability to pull some cash out - or at least have some actual cash sitting on the sidelines.

Is there something else that works better?  

Surely, if Localbitcoins seems to be serving as a vehicle for certain excessive risks, then there could be a consideration to discontinue with it completely or maybe to change the advert terms and perhaps lessen some of the exposure?

It's 2017, Jay. Why are you still using Localbitcoins?

What’s wrong with LocalBitcoins? On the rare occasion that I’ve sold some of my stash I’ve sold there. Never had a problem with them as long as you sell to somebody with multiple 100% positive feedback.

I don't know if it is feasible to screen out folks based on "multiple 100% positive feedback" because a large number of my interactions are with newbies - and once I do one exchange with them, I invite them to engage in direct transactions, as long as they seem cool.. at least on the buying BTC from me angle.  I still remain a bit hesitant to give folks cash, if there could be ways for them to reverse the transaction on the blockchain, so going through local bitcoins seems safer from that angle, for me.

[buyandhold]

How long until the next dip?

I think we will get to 5200 and then it'll sharply drop to 4500-4700 again. We will get a taste of the 5s and then back to where it's comfortable.

I have nothing to back this up, it's just purely my feeling.

Edit. This is ruling out any fundamentals that may arise.

 In that case, please keep us abreast of any new fundamentals that develop.

Jimmy has also changed since the old days

[mymenace]

It begins
https://www.acchain.org/en/
https://bitcointalk.org/index.php?topic=1908143.0

digitization of your assets

from what i have heard

they created a token for tea in a warehouse and sold it as an ico          
tea              
https://www.acchain.org/en/news_detail.html?id=84

they bought land in texas and created a token for the land and sold it.
real estate    
https://www.acchain.org/en/ret_ico.html (invitation only)

Is this the SDR special drawing rights of the IMF to enter the blockchain

and will it result in making bitcoin illegal?

[Ted E. Bare]

Still waiting for all-time high... Go bitcoin go!