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

[jojo69]

It looks like the chart is approaching the end of a massive fractal.

"end"

[OWZ1337]

So was there anyone who said 'fasten your seatbelt' before it actually broke out?

no because there was no real break out yet. real break out after 20k straight to 50k.

21K by tomorrow? :-D weeee

[bones261]

So was there anyone who said 'fasten your seatbelt' before it actually broke out?

https://www.youtube.com/watch?v=yKHUGvde7KU

Said in 1950. Way before any breakout. 

[Meuh6879]

Give me another year like 2017 and yes.

Let's make this (year) in 3 months.

[Heater]

So was there anyone who said 'fasten your seatbelt' before it actually broke out?

Does this count?

<snip>

Is this the calm before the storm? I can feel an epic pump in my waters -we will talk about it for years to come....

http://www.impawards.com/1989/posters/dead_calm_ver2.jpg

[flynn]

It looks like the chart is approaching the end of a massive fractal.

"end"

"end of a fractal"

Mandelbrot just made a U-turn in his grave

[HairyMaclairy]

So was there anyone who said 'fasten your seatbelt' before it actually broke out?

Here we go.gif

That good enough for you?  That was just under 11 hours ago on the basis of solid consolidation just under the Stamp ATH (as it was then).

[jojo69]

hard against 250 wall on GDAX


edit, gulp

[HairyMaclairy]

Fuck me.  ATH broken on Gdax. 

[milkshock100]

Fuck me.  ATH broken on Gdax.  

I actually with exponential theory being proposed. Could easily see moving from 30k to 60k within a matter of days.

[600watt]

And here I thought we were stuck at 184. In the time it took me to eat breakfast it's up to 18650.

Is this how rich people think? "In the time I ate breakfast I made more money than the average person in a year..."?

Explains a few things.

 Dang.  You're the second person I am forced to envy today before I've finished eating breakfast.
This thread is like a walk down Avenue Montaigne!

everyone with two bitcoins made $26k in the last 4 weeks. that could be a a years salary. only two btc needed for that trick.

[RoomBot]

Still 12 -16-2017 here. 5.5 hours left to nail it!

$20,000-$22,000   - 31 (13.8%)
$24,000-$26,000   - 14 (6.2%)
$26,000-$28,000   - 3 (1.3%)
$28,000-$30,000   - 7 (3.1%)
>$30,000   - 33 (14.7%)

[OWZ1337]

BTCBTCkill switch didn't work===> now we must be flying up to 25K upticking towards kwanzaaa !! :-D weeeee

[realr0ach]

I actually with exponential theory being proposed. Could easily see moving from 30k to 60k within a matter of days.

Why not $1 trillon per coin then?  It's not as if enough real world goods to be purchased by said quantity of money actually need to exist...oh wait.

[TERA2]

I need something like a stop loss based on BTC/USD prices but instead of purchasing fiat it purchases an altcoin.

[realr0ach]

I need something like a stop loss based on BTC/USD prices but instead of purchasing fiat it purchases an altcoin.

1)  Load up all your btc on the poloniex casino

2)  Look at chart then buy or dump

3)  ? ? ? ?

[HairyMaclairy]

Roach:  shouldn’t you be off 100:1 shorting on Bitmex?

[milkshock100]

I actually with exponential theory being proposed. Could easily see moving from 30k to 60k within a matter of days.

Why not $1 trillon per coin then?  It's not as if enough real world goods to be purchased by said quantity of money actually need to exist...oh wait.

At some stage there would be a levelling off.

And as stated above feel free to short this market

[realr0ach]

Roach:  shouldn’t you be off 100:1 shorting on Bitmex?

Shorting in craptocurrency is mostly pointless because the following.  This is why all shorters in the history of bitcoin are squeezed.  You have a bunch of rich con artists that were already rich before bitcoin was created who bought up 200,000 coins for next to nothing. These coins are toxic assets that they can't actually sell at market rate without crashing the market.  Anyone who shorts just adds liquidity to the market and allows them to cash out by effortlessly squeezing the short using their horde of toxic asset coins as margin collateral, manipulating the shorts into margin calls with no real risk to themselves besides losing a few toxic assets that they could do nothing with anyway:

People like the Winklevoss have 200,000 coins they bought for next to nothing they can send to Coinbase and use as margin collateral to 10-50x the price overnight (the same thing that was done to create the artificially high Ethereum price on Poloniex).  

Do you really think it's a good idea for people to be able to rig markets by putting up collateral that not only has no real value due to not being a real commodity, but it's a completely imaginary asset that doesn't exist in the first place?  That's an even bigger scam than the fraudulent Wall Street markets that existed before it.  And it's not just bitcoin, they can create an infinite amount of coins and do this over and over.  How is that not a scam? lol.  These markets are all just fraud bubbles.

[HairyMaclairy]

I need something like a stop loss based on BTC/USD prices but instead of purchasing fiat it purchases an altcoin.

That would be very useful.  I don’t know of any exchange that offers that.  Although you would also want a USD stop on the alt for the face melters.