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

[xhomerx10]

It'z over 9ooo!

Sorry no memes available

[bitserve]

WHo knows, maybe there were a few whales looking to buy in the auction and, when they didn't win, decided to source them from elsewhere. Plausible?

[Lopumbo]

WHo knows, maybe there were a few whales looking to buy in the auction and, when they didn't win, decided to source them from elsewhere. Plausible?

Front running by insiders by knowing that 300Mio$ Tethers will be printed - price increased - you can't explain that
300Mio$ Tether will be used to pump BTC to 11k$ - you can't explain that

 

[BlackSpidy]

Remember: Reduce, reuse, recycle.

Here's a video I made when we first breached $9000 https://www.youtube.com/watch?v=D-ZRcMy765E

[infofront]

[bitserve]

WHo knows, maybe there were a few whales looking to buy in the auction and, when they didn't win, decided to source them from elsewhere. Plausible?

Front running by insiders by knowing that 300Mio$ Tethers will be printed - price increased - you can't explain that
300Mio$ Tether will be used to pump BTC to 11k$ - you can't explain that

 

That too. PLus... assuming Teter was all legit (fully FIAT backed up) before needing to print an additional $300M they must have used (sold) as much Tether's were "refunded" and back to them during the downtrend. So it would not be just those new Tethers being reinserted into the market. More like "the tip of the iceberg".

[mike4001]

OK and back down again.

[greensheep]

Is it a coincidence that 9000 and 20000 are just about hitting it at the same time?  

edit: just as the elon rocket launch was at 05/02

nah

[ccminer.net]

and than back again  LOL

I really hope to see 30 000 soon folks do not call me FUDster

[infofront]

I was kind of hoping to see $3,000 soon.

[JayJuanGee]

I was kind of hoping to see $3,000 soon.

I believe that level of correction to $3k is not really necessary and could cause more bearish results than it actually refuels.. but bouncing off of $6k again might not be a bad thing -  or even $5k - but I understand that if we go below $6k, then certainly $3k becomes a much greater possibility.. even though $3k seems quite low from this place.

Anyhow, we gots to get our little selfies below $7k first.. and recently that has not happened yet....    

To quote an infamous variation:   "go real bitcoin go"

[Wekkel]

My Bitcoins are still worth what they were worth a small part of 2017. So no complaining here:

[BlackSpidy]

There's a difference between Being a FUDster and recognizing a downtrend. This year's gonna be bearish or flat. I doubt we'll see prices over $18K this year. I doubt we see prices below $5k this year, or ever again to be honest.

[infofront]

I was kind of hoping to see $3,000 soon.

I believe that level of correction to $3k is not really necessary and could cause more bearish results than it actually refuels.. but bouncing off of $6k again might not be a bad thing -  or even $5k - but I understand that if we go below $6k, then certainly $3k becomes a much greater possibility.. even though $3k seems quite low from this place.

Anyhow, we gots to get our little selfies below $7k first.. and recently that has not happened yet....    

To quote an infamous variation:   "go real bitcoin go"

I'm not complaining. 
I was just hoping to get some dirt cheap bitcorn, but it's looking increasingly likely that anything under $8,000 might be dirt cheap.

[Elwar]

What if....


Bitcoin was just a big ploy by the developers of Dragonballz to promote their show?

This whole time!


That's why the price keeps going back under and over 9000.

It's been a long time coming but well done gentlemen.

[LFC_Bitcoin]

I was kind of hoping to see $3,000 soon.

Fuck that, although it’d be a great opportunity to load up even more bitcoin’s I’m happy enough to HODL the stash I’ve got as we go forward. I don’t want the panic of another HUGE drop % wise.

[Last of the V8s]

/G20 until July

[JayJuanGee]

There's a difference between Being a FUDster and recognizing a downtrend. This year's gonna be bearish or flat. I doubt we'll see prices over $18K this year. I doubt we see prices below $5k this year, or ever again to be honest.

I am not sure if you are NOT a FUDster merely because you attempt to explain your conclusion a bit more that the averabe FUDster.

You have determined that we are in a "downtrend" and you have made a pretty strong statement to cover all of 2018, which seems a bit FUDdish because you are implying to have some kind of decent knowledge or expertise without knowing and predicting a negative outcome without really backing up your claim with any kind of substantial or material evidence - besides your mere statement.

[Sitarow]

As you can see if you factor in just hardware loan repayment and power costs never mind any other type of costs and you run at a loss at $9500.00 - There are far better investments you can do than invest 2.3 million USD instead of hardware.

Yeah, I would not recommend mining if your power costs are $.10/kwh. A serious mine should be down in the $.04 range.

Over 9000!

Even if your like myself and get 0.3c kwh your still better off buying as the above example does not factor in any other costs associated with mining.

I quickly set it to 0.3c kwh so you can see for yourself.

https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing

[JayJuanGee]

I was kind of hoping to see $3,000 soon.

I believe that level of correction to $3k is not really necessary and could cause more bearish results than it actually refuels.. but bouncing off of $6k again might not be a bad thing -  or even $5k - but I understand that if we go below $6k, then certainly $3k becomes a much greater possibility.. even though $3k seems quite low from this place.

Anyhow, we gots to get our little selfies below $7k first.. and recently that has not happened yet....    

To quote an infamous variation:   "go real bitcoin go"

I'm not complaining. 
I was just hoping to get some dirt cheap bitcorn, but it's looking increasingly likely that anything under $8,000 might be dirt cheap.

Actually, I did not conclude you to be complaining because you do generally seem to be employing the right strategies and you seem to be overall prepared for UP....

I suppose that I was reading into your statement that you thought that $3k would be a good thing, and I really question the truth of that.. because even though on a personal level each of us can set up systems to prosper from such dips, if we are largely BTC HODLers and accumulators - we do better with upwards BTC price movements - and really we have experienced enough correction (70%) to refuel the whales.

On the other hand, if lemons come, then making lemonade is not a bad thing.. and there may be some ongoing desires of BIG (and smart) money to attempt to shake more of the alt coin leeches... so if we are currently done with our correction, then it is remains quite likely that the snot-nosed 12 year olds have not left the scene, yet... and we will likely get another ICO/Altcoin pump that accompanies the next bitcoin pump.  More purging might be helpful, but I am thinking that at least one more pump of BTC and alts might be in the cards, even though the shitty alts worry quite a few of bitcorn maximalists (if we can reasonably label ourselves that way?).