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

[gembitz]

     

weeeeeeeeee

[WhatsBitcoin]

$5,500 USD/BTC incoming.

I can't even even.

The world wants what you got, hombre.

[bitserve]

$5,500 USD/BTC incoming.

I can't even even.

I have mixed feelings between happiness and astonishment... but then I do realize it's "only" a 13% and I should already be used to it.

[gembitz]

$5,500 USD/BTC incoming.

I can't even even.

told you ~ $10,000 new target #kaboom

[Torque]

I can remember a time when just seeing $1K again was like a dream.

But looking back in the grand scheme of things, it really wasn't that long to wait.

That's what gets me excited about what will happen in the next 4 years.

[Bitcoinaire]

Hold those bitcoins tight because there will only be 21 million coins in a world with 7.6 billion people. And when you account for lost coins, even less.

[Heater]

The walls from here on are small AF. Hodl on tight.

[Punisher1314]

5500$ broken. 75kk$ bids vs 1500BTC asks, bitstamp. LOL

[Torque]

Where the fuck is all this money coming from ?!??

I think it might be swap positions through LedgerX. They will be in btc only.

[sidhujag]

Where the fuck is all this money coming from ?!??

Careful smells like pnd since alts arent following

[bitserve]

Hold those bitcoins tight because there will only be 21 million coins in a world with 7.6 billion people. And when you account for lost coins, even less.

Talking about lost coins. if price keeps rising this way I will have to seriously consider using a password cracker on a couple of blockchain wallets I had some "spare change" left for testing. It wasn't a complex password at all, I just never had the "motivation" to try.

I would bet the ammount of "lost" Bitcoins could be HUGE... even without counting Satoshi ones.

[bitserve]

Where the fuck is all this money coming from ?!??

Careful smells like pnd since alts arent following

Care to check Litecoin?

[WhatsBitcoin]

Speaking of alts, MP predicted ETH and BCH would race to .05. I'm bloody impressed.

[hd060053]

Where the fuck is all this money coming from ?!??

Money is printed by the central banks. The more they print, the higher bitcoin price will go. Its logical consequence. 

[The Cryptologist]

I don't know about you guys but I think I'll be overwhelmed if btc hits $10k before 2018. The rise of btc is too fast and it makes me feel very nervous or maybe I'm just paranoid.

[AlexGR]

Where the fuck is all this money coming from ?!??

Where else? The endless wells of fiat all over the planet

[Paashaas]

Nothing beats a nice cup of coffee with another ATH in the morning!

Almost $5600 

[jojo69]

Where the fuck is all this money coming from ?!??

ctrl p



edit    good grief, at this rate we could have 10K by Monday

[jojo69]

there's 5600

I put the top of the channel at about 5760....might find some resistance there

[DieJohnny]

$5k psychological resistance is demolished like a cheap rice paper house in a firestorm .... now new upside targets?

I'm recalling $6800-$7200 region was important for some reason back when the climb began, doublings from $300 and all that stuff.

$9588 is masterluc's  original 'top' call before he started throwing out numbers like $19k and $90k more recently (but unsure if they are for the next bull run or this one or THE final run).

$10,000 obviously will be an attractor because ... humans ... numbers with lots of zeros and zeros on the right hand side hold special fascination for humans, maybe because zeros look like boobies, who really knows?

Whatever the number I'm picking it will be achieved in a short time frame ... train is in off the rails territory now.

I have set to see a convincing argument for what shape the fabled S-curve adoption will finally take, my best guess at the moment is a sequence of insane rapid vertical moves and violent pullbacks making up a kind of steep-stairway-to-heaven formation up the vertical part of the S-curve, with not much time between climbs and only short correction phases ... but who the hell knows how it plays out from here, its up to the psychology of the monied masses and infowars that are being waged upon them by their ever more nervous handlers. Hi Jamie you criminal bastard, btc is going to rip you a free one.

Bitcoin has been undervalued, it is only time and awareness that bitcoin is fighting. As time passes and awareness grows there is plenty of capital in the world to push it past the largest corporation valuation in the world. It is a bit laughable that there are companies more valuable than bitcoin because in the grand scheme of things a single company means nothing compared to what bitcoin will become.

I think we will have ups and downs, but no serious pause (>35% drop) until a valuation is a trillion. It will take a huge psychological number like a trillion market cap to make the market pause and ask what is next. A trillion is 10X from where we are so $55k. I think bitcoin will return to its 80% dominance in the interim as well. Alt coins are a massive bubble still. There will be exceptions but in general altcoins will return to their shitcoin status in the next 9 months, bitcoin is just suffocating right now.