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

[Arriemoller]

They just love to trot out the Mike Tyson argument. Snobby fucks.

I don't know about that. What's the Mike Tyson argument?

Back when Mike Tyson was getting into Bitcoin, that signalled it was time to sell. Because let's face it, he ain't no Alfred Einstein. Same same. If strippers are getting in, must be time to sell. Because let's face it...

Whatever. This is why I purposefully avoid all MSM on the subject. Sour grapes and elitist muttering. I'm too old for it.

Who is Alfred Einstein?

[JayJuanGee]

What a bunch of clowns

JPMorgan Switches Tact, Backs Bitcoin as New Gold
After Jamie Dimon drew a line in the sand for JPMorgan, calling it a ‘fraud,’ the company has once again stepped over that line, praising the digital coin as a ‘new gold.’ Analysts at JPMorgan believe that Bitcoin has changed its shape and that it could soon be joining gold as a reliable, long-term way to store wealth. Recent growth and recent changes have seen Bitcoin lean more towards being digital gold, and this is where JPMorgan see its value.

expecting a doubling action after the 11th

could well see 30000 with another double after that to about 70000

then KABOOM!!!

You seem to be referring to another Kaboom UP after $70k?    We better hang on, if that is reasonably in the works....

We gonna be too rich to even figure out what to do, if that is going to be the case, right?

[Phil_S]

Russia might freak out soon, the price of 1 BTC is getting close to 1 million rubles:

http://preev.com/btc/rub

[Arriemoller]

In this moment, my penis is turgid.

$13k.

Wow !

Mine too, but that's because I have porn on the other tab.

[Arriemoller]

In this moment, my penis is turgid.

$13k.

Wow !

getting out my dictionary....

You named it dictionary?

[mymenace]

What a bunch of clowns

JPMorgan Switches Tact, Backs Bitcoin as New Gold
After Jamie Dimon drew a line in the sand for JPMorgan, calling it a ‘fraud,’ the company has once again stepped over that line, praising the digital coin as a ‘new gold.’ Analysts at JPMorgan believe that Bitcoin has changed its shape and that it could soon be joining gold as a reliable, long-term way to store wealth. Recent growth and recent changes have seen Bitcoin lean more towards being digital gold, and this is where JPMorgan see its value.

expecting a doubling action after the 11th

could well see 30000 with another double after that to about 70000

then KABOOM!!!

You seem to be referring to another Kaboom UP after $70k?    We better hang on, if that is reasonably in the works....

We gonna be too rich to even figure out what to do, if that is going to be the case, right?

actuality expecting a big dump with a bounce back and slow drop for 18months to  $10000

[RealMachasm]

In this moment, my penis is turgid.

$13k.

Wow !

getting out my dictionary....

You named it dictionary?

Just loving the humour and Hubris here at the moment. Oh and did I mention the price too?
Got a lot of my BTC during the bear market of 2014 and remember thinking that I must be crazy to keep buying when the price just kept falling. Best thing I ever did!!
I love crypto.

[jojo69]

https://www.youtube.com/watch?v=bfyNlISf_No

night guys...see you in 8

[JayJuanGee]

I can't wait til a 2k or 5k or 10k sell order pops on the book and all the noobs are like wtf is that

Great to thrive in the misery of others?   

[TERA2]

I didnt say there has to be a movement. Just a wall. Im tired of people thinking walls are a thing of the past and that nobody owns 5k coins anymore. Im going to see a wall on there. I dont care if Donald Trump has to place the order.

What thread are we in anyway?

[JayJuanGee]

So let's say I have more than 10 BTC and less than 20.  (cost basis around $600)

Two women in my office have watched me go nuts all year with the price increases.  I wish they bought in, but like most, they just feel like it's appreciated too much, and it's too late for them to get in.  Plus they don't have as much extra cash just lying around.

I thought of giving them a paper wallet for Xmas with some BTC in it, and thought $100 apiece was generous.  If I gave them both .01 BTC, I'm just wondering -- do I seem too cheap since it's such a small part of my stash?  I mean, I don't want to part with any of it, and now their gift is worth $130.

Normally I'd spend like $25 on them.  Not close close friends, just good work friends.  

What's my play here.

Fuck them.


Give them the usual gift, and perhaps account for possibility of some deflation by giving 20% extra.  Don't give them 4x extra.  They don't deserve it, unless perhaps they are going to blow you.  (one by one of course - would have to get two out of this not a team effort).   

You are wrong on that one. In this issues team effort is more valuable than one by one. It's one of those rare cases in which 1 + 1 > 2

WOW..... Well fuck me, then.  I thought that I knew and was sharing something that was NOT disputable.  Go figure.   

[marcus_of_augustus]

I didnt say there has to be a movement. Just a wall. Im tired of people thinking walls are a thing of the past and that nobody owns 5k coins anymore. Im going to see a wall on there. I dont care if Donald Trump has to place the order.

What thread are we in anyway?

... this is now the bash TERA2 thread, the world's all ganged up against you man. Bears just need to know when to fuck off and die, your time will come again.

[TERA2]

Why do people call me a bear for making calls about fibonnaci corrections before the next leg up, and such. 3 years ago I called $20K.  A real bear says things like 'single digits coming'.

[ghandi]

Where are we heading after reaching the moon? 

[JayJuanGee]

the top is in

NO way, Jose .... I mean jojo...

Funny how some posters here have a pattern of wanting to call top, and seems to me that you have been calling top since at least $7k, and probably earlier if we look back at your post history.

What a pessimist.....     

[Phil_S]

And...

[ivomm]

Based on this older post https://www.reddit.com/r/Bitcoin/comments/7fe0ax/rumor_hedge_fund_whales_to_buy_this_weekend_to/?sort=new and some newer tweeter/slack/telegram posts, it seems that some hedge whales were testing bitcoin price on coinbase in both directions (-20% to +20%) in 24 hours. They calculated how much $/BTC is needed to spend to reach certain % at the end of each working day (on the average of coinbase, gemini, kraken and bitstamp). Let's hope we will not see 4 digit price next weak and BTC will overcome these wallstreet noobs!

[TERA2]

[HairyMaclairy]

Why do people call me a bear for making calls about fibonnaci corrections before the next leg up, and such. 3 years ago I called $20K.  A real bear says things like 'single digits coming'.

1 m coming

[alexrossi]

Is possible to see if new users are actually withdrawing their coins from bithumb, etc... to keep them with their own wallet? This would be the bullish news