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

[byronbb]

Just wait till Monday..  we showed we could bust through the ATH and move onward.  Very strong... much more deposit $$$ coming to the exchanges, and indirectly to be continually scoop'd up via the "Trust" (bitcoin that can be bought, but not sold... not for a while).

Now once that EFT finally gets here...  Pre-1k era of speculating is over.

Will be interesting to see if the etf becomes the price leader as it will be the quickest and easiest way to move usd into bitcoin exposure.

[samson]

Just wait till Monday..  we showed we could bust through the ATH and move onward.  Very strong... much more deposit $$$ coming to the exchanges, and indirectly to be continually scoop'd up via the "Trust" (bitcoin that can be bought, but not sold... not for a while).

Now once that EFT finally gets here...  Pre-1k era of speculating is over.

Will be interesting to see if the etf becomes the price leader as it will be the quickest and easiest way to move usd into bitcoin exposure.

This ETF, when is it going to be approved ? Any day now ? Or in a few years ?

[MickeyT2008]

We maybe have a small break now because fiat doesn't move on weekends (maybe huans?). Speculators maybe start to buy in sunday morning, before the monday money. Price might go little bit lower during the break.

There's also the fact that China seem to have been leading this rally and it's the middle of the night over there now

[pera]

You always told me that this was a bad sign 

[gandhibt]

We maybe have a small break now because fiat doesn't move on weekends (maybe huans?). Speculators maybe start to buy in sunday morning, before the monday money. Price might go little bit lower during the break.

There's also the fact that China seem to have been leading this rally and it's the middle of the night over there now

That's a good point also.

[derpinheimer]

You always told me that this was a bad sign 

This is the best example of random lines on a chart I've ever seen..

Seriously, WTF is that supposed to be? Half of the data isnt even in the wedge..

[ChartBuddy]

[NewLiberty]

You always told me that this was a bad sign  

This is the best example of random lines on a chart I've ever seen..

Seriously, WTF is that supposed to be? Half of the data isnt even in the wedge..

Its the dreaded pterodactyl head and shoulder.

We know what to do:

[MickeyT2008]

It's sunrise in eastern China, maybe things will get interesting again soon...

[macsga]

It's calm before the storm people. Wait for Monday; by the end of the next week $400 will be considered "a nice buy". BTW: The above chart is definitely BS. First of, Econometrics is science and require a lot of study before pointing out the obvious (the way YOU see it). Second; certainly it's not random lines over a chart. That's why people who can do it properly get paid quite well...

@Newliberty: LOL!!!

[Loaded]

Averaging $3M in gains daily over the past week. Bitcoin is officially my #1 investment.

[dillpicklechips]

Averaging $3M in gains daily over the past week. Bitcoin is officially my #1 investment.

You rich fucker. Here I am slaving away barely making ends meet for my family! I'm just jealous! LOL. Even though I don't know you congratulations and I'm actually proud of you guys who saw a good thing and had the money to invest! Hopefully it keeps growing!

[NewLiberty]

Averaging $3M in gains daily over the past week. Bitcoin is officially my #1 investment.

Nice, you can afford your own congressmen now.

[bitwhizz]

Averaging $3M in gains daily over the past week. Bitcoin is officially my #1 investment.

Don;t take this troll too seriously

[MickeyT2008]

Averaging $3M in gains daily over the past week. Bitcoin is officially my #1 investment.

You rich fucker. Here I am slaving away barely making ends meet for my family! I'm just jealous! LOL. Even though I don't know you congratulations and I'm actually proud of you guys who saw a good thing and had the money to invest! Hopefully it keeps growing!

I know what you mean there.  I had to sell almost all my small quantity of BTC at about $135/btc about five weeks ago just to pay for my car insurance, now I'm left with just the change and £40 worth that I managed to buy yesterday.  Watching the price rise like this immediately after selling, and not having the cash to buy any more was not much fun at all.  However, I had previously tripled what I had so it's a case of not making as much as I could have, rather than having lost I suppose so it's not all bad.  I'll be buying more when I can though because I'm sure that this rise isn't going to stop here, if it does then I'll just buy more anyway because in the long term it's definitely going up.

Poverty sucks, I really need to trade my way out of it.  That means finding cash in my daily life to work with, because 200% profit of not a lot is still not a lot.  Maybe I could sell a kidney or two.....lol

Does anyone have a time machine?  I could go back to 2009, tell myself about Bitcoin, and take a copy of cgminer for my then new HD5870 and be the only GPU miner on the planet as everyone else was doing it on their processors back then.

[tbcoin]

Averaging $3M in gains daily over the past week. Bitcoin is officially my #1 investment.

Don;t take this troll too seriously

Troll? This man is my hero.

[600watt]

Averaging $3M in gains daily over the past week. Bitcoin is officially my #1 investment.

You rich fucker. Here I am slaving away barely making ends meet for my family! I'm just jealous! LOL. Even though I don't know you congratulations and I'm actually proud of you guys who saw a good thing and had the money to invest! Hopefully it keeps growing!

I know what you mean there.  I had to sell almost all my small quantity of BTC at about $135/btc about five weeks ago just to pay for my car insurance, now I'm left with just the change and £40 worth that I managed to buy yesterday.  Watching the price rise like this immediately after selling, and not having the cash to buy any more was not much fun at all.  However, I had previously tripled what I had so it's a case of not making as much as I could have, rather than having lost I suppose so it's not all bad.  I'll be buying more when I can though because I'm sure that this rise isn't going to stop here, if it does then I'll just buy more anyway because in the long term it's definitely going up.

Poverty sucks, I really need to trade my way out of it.  That means finding cash in my daily life to work with, because 200% profit of not a lot is still not a lot.  Maybe I could sell a kidney or two.....lol

Does anyone have a time machine?  I could go back to 2009, tell myself about Bitcoin, and take a copy of cgminer for my then new HD5870 and be the only GPU miner on the planet as everyone else was doing it on their processors back then.

i had to sell a lot this summer and fall to cover bills. i assumed i was a bit overexposed in bitcoin, since i had to sell so many. then i remembered how much i had paid for those coins.  

[derpinheimer]

Averaging $3M in gains daily over the past week. Bitcoin is officially my #1 investment.

Yay Loaded is back!!

you know we going t0 d4 m00n when loaded is about!!

 

the guy saying ignore the troll, i take it you weren't around during the last bubble? If you were you'd know loaded

I was, but I dont know who he is. I know he has a lot of coins though.

3M a day would work out to ~50k coins, I think.

[pera]

When I said back in April (when the price was ~230) that we were going too fast and a crash was imminent everybody told me "this is not gonna stop til 3000!".
When I told you 3 months ago (the price was ~60) that we were going to hit $400 everyone laughed about my TA drawing.
Now we have exponential growth, we increased 235 in a month without a single correction, and you still don't want to believe...  

[ChartBuddy]