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

[molecular]

Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.

They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.

<insert image of bull here>

No offense but i've seen the same type of posts over and over again in every part of the forum.
In the end none of them ever delivered.

Sunnankar ==Trace Meyer.

I put above-average weight in his words.

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[ShroomsKit]

Whales should strike in the morning (in a few hours) if they want to keep the rising momentum.

If the whales have any intention to buy and hold, they would let this fear build up. That leads to more asks and a lower price. But not too long, as then we would correct down quite a lot.

They're fighting over very few coins. They can either wait and hope for a pullback or eat up the 10's of thousands available..now.




in case you missed it..

I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

It's times like this that I wish I wasn't sworn to secrecy. There's a few others here that know exactly what's in the pipeline.

<insert image of bull here>

No offense but i've seen the same type of posts over and over again in every part of the forum.
In the end none of them ever delivered.

Sunnankar ==Trace Meyer.

I put above-average weight in his words.

I certainly hope it's true.
I just noticed that people in general tend to make their project or insider info look more important than it really is.
To them it's a huge deal but in the end it rarely has a big impact on whatever industry they are in.

[ChartBuddy]

[byronbb]

I certainly hope it's true.
I just noticed that people in general tend to make their project or insider info look more important than it really is.
To them it's a huge deal but in the end it rarely has a big impact on whatever industry they are in.

Well put.



 

[ChartBuddy]

[smoothie]

Some bullish pr0n:

My guess is less extreme in slope of your line. I say it gradually rallies over Sept, Oct, and Spike in November, ...if everything lines up SUPER SPIKE IN december.

[ChartBuddy]

[ChartBuddy]

[World]

Very bullish comments on twitter
Chamath Palihapitiya ‏@chamath

My prediction is that BTC will trade thru $200 before the end of this year.

[ChartBuddy]

[ChartBuddy]

[RationalSpeculator]

Very bullish comments on twitter
Chamath Palihapitiya ‏@chamath

My prediction is that BTC will trade thru $200 before the end of this year.

Just talking his book, like most bitcoiners

He has some spare cash though to actually create that reality.

But do barking dogs bite?

[adamstgBit]

$6000 arb between gox and virtex.........

this is because i am currently locked out of my account at virtex... my cat killed the wire to charge my tablet and i have 2 factor Auth...


stupid cat, costing me such a good opportunity...

i could not wait any longer, i fixed the damn wire.

secret rocket taking off

[ChartBuddy]

[dan99]

Very bullish comments on twitter
Chamath Palihapitiya ‏@chamath

My prediction is that BTC will trade thru $200 before the end of this year.

Very possible

[ChartBuddy]

[tobyaus]

Just increased my position on this. See how we go. Next stop the moon.

[notme]

Just increased my position on this. See how we go. Next stop the moon.

Bulls cheering, bears cowering, newbies buying.... time for a shakeout.

[ChartBuddy]

[derpinheimer]

1.7k ask wall on 145.5.