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

[Wekkel]

Here's another one for a top before 6800. But what's even more interesting is where the next drop is expected to fall:

Ending too soon. It will only become tricky once BTC price doubles in 1 week. Wait for it 

[Torque]

is this the s-curve take off?

I don't think bitcoin has even left the runway yet.  When gold shops in SE Asia start accepting Bitcoin in exchange for fiat, that will be the boarding call.

Yeah, for some reason I'm feeling like we're still 3-5 years away. Financial institutions and other companies haven't capitulated and started integrating Bitcoin payments and services yet. That's when you'll know it's happening. It happened that way with the Internet (yr 1995 - still an obscure niche geek hobby thing, yr 2000 - it was an exploding white collar tech industry).

Also, the public has to firmly leave all these stupid contentious fork attempts behind, and just ignore them. Industry won't touch Bitcoin until there is majority public consensus around that. Same with alt coins and tokens, eventually they need to be regarded by the public as the garbage penny stocks they are.

Again, that all happened with the open Internet when private corporate Intranets eventually failed and got left in the dust.

[Icygreen]

is this the s-curve take off?

I don't think bitcoin has even left the runway yet.  When gold shops in SE Asia start accepting Bitcoin in exchange for fiat, that will be the boarding call.

Yeah, for some reason I'm feeling like we're still 3-5 years away. Financial institutions and other companies haven't capitulated and started integrating Bitcoin payments and services yet. That's when you'll know it's happening. It happened that way with the Internet (yr 1995 - still an obscure niche geek hobby thing, yr 2000 - it was an exploding tech industry).

Also, the public has to firmly leave all these stupid contentious fork attempts behind, and just ignore them. Industry won't touch Bitcoin until there is majority public consensus around that. Again, that happened with the Internet when private corporate Intranets eventually failed and got left in the dust.

Yep, it feels like 1995 (niche geeks and their bitty coin haha)  I'm leaving for my winter home in Vietnam in 2 weeks and I'll be asking all the money exchanges if they accept Bitcoin. I think its only a matter of time.
Good point on forks and alts although I'm not sure it will take 3-5 years. People will probably wise up a lot faster this time because of the internet and speed in which people follow trends.

[gembitz]

https://twitter.com/SatoshiLite/status/921701035491573761

Charlie Lee [NO2X]‏
@SatoshiLite

My trade with Roger Ver is all set. Here are the terms we agreed to. Let the chips fall where they may! 🚀

i'm going to laugh when 2mb blocks start printing :-D weeeee

[pfrtlpfmpf]

 I think, theres no TA applicable here, it`s all emotions, for the moment .

[Denker]

is this the s-curve take off?

I don't think bitcoin has even left the runway yet.  When gold shops in SE Asia start accepting Bitcoin in exchange for fiat, that will be the boarding call.

Yeah, for some reason I'm feeling like we're still 3-5 years away. Financial institutions and other companies haven't capitulated and started integrating Bitcoin payments and services yet. That's when you'll know it's happening. It happened that way with the Internet (yr 1995 - still an obscure niche geek hobby thing, yr 2000 - it was an exploding white collar tech industry).

Also, the public has to firmly leave all these stupid contentious fork attempts behind, and just ignore them. Industry won't touch Bitcoin until there is majority public consensus around that. Same with alt coins and tokens, eventually they need to be regarded by the public as the garbage penny stocks they are.

Again, that all happened with the open Internet when private corporate Intranets eventually failed and got left in the dust.

I agree. I think after halving 2020 with the next insanely upwards move we will be ready for the next big step in terms of adoption and general acceptance. Until then we will hopefully have overcome all kind of disruption and distraction from outside as well as from inside the community.
So 3-3.5 years from now could indeed be the right time.

[Last of the V8s]

I think, theres no TA applicable here, it`s all emotions, for the moment .

[Lauda]

I think, theres no TA applicable here, it`s all emotions, for the moment .

Is this movement a result of the emotions that you're talking about?

[JimboToronto]

I think, theres no TA applicable here, it`s all emotions, for the moment .

Is this movement a result of the emotions that you're talking about?

Is panic an emotion?

[Icygreen]

Stop order grab before resuming 

[Lauda]

I think, theres no TA applicable here, it`s all emotions, for the moment .

Is this movement a result of the emotions that you're talking about?

Is panic an emotion?

Depends. What does the doctor say?

Stop order grab before resuming 

Resuming to where? A top shall occur soon.

[Last of the V8s]

    BTG/BTC
    Last
    0.069850
    High
    0.080000
    Low
    0.030000
    Vol
    360


aaaahahhaaha btg worth more than ether and bitcoin crash https://www.bitstar.com/

[pfrtlpfmpf]

I think, theres no TA applicable here, it`s all emotions, for the moment .

Is this movement a result of the emotions that you're talking about?

Is panic an emotion?

`
Ok, i´m panichodling 

[podyx]

[vroom]

what's going on, who of you cashed out?

[Lauda]

what's going on, who of you cashed out?

Who in their right mind would keep all of their stash on an exchange? It would not be unwise to sell a very small amount in order to have some stinking fiat for champagne && other *consumables*¹(whatever people are in to these days) until the fork drama is over.  
[1] I can recommend Cat wine: https://www.meowingtons.com/products/cat-wine.

[JimboToronto]

what's going on, who of you cashed out sold at the bottom?

ftfy 

[EtihadBitcoin]

   BTG/BTC
    Last
    0.069850
    High
    0.080000
    Low
    0.030000
    Vol
    360


aaaahahhaaha btg worth more than ether and bitcoin crash https://www.bitstar.com/

Why have I never heard of BTG before? Altcoin of the Chinese exchanges perhaps?

They are a defacto Chinese exchange post PBoC banning them out of the country?

Quite interesting how you said Bitcoin crash instead of Bitcoin cash.

[pfrtlpfmpf]

I´m sorry, i can`t take it anymore, lay myself on the floor, i just can´t take it  

[xhomerx10]

I remember Coinbase hitting 10M accounts like 4-6 weeks ago.

I just checked again and, holy crap, they're up to 11.3M accounts. That's 1.3M accounts added since. 

 grabbed this from reddit:



 I'll see if I can update it.

 Grabbed a few more points from the Wayback machine et voici:



 parabolic